Vitalik Buterin, Creator Of Ethereum, On The Big Guy Vs. The Little Guy

Love Unchained? Please take this extremely brief survey to help us obtain more sponsors: https://survey.libsyn.com/unchained

The 23-year-old whiz dives into who blockchains will someday help, how we transition from Ethereum for digital cats to higher social impact, and why even big companies like JPMorgan, Microsoft and BP are using Ethereum. He also walks through some important technical challenges Ethereum faces with scaling and the shift from a proof-of-work consensus algorithm to proof of stake. And he reveals why he isn't a big believer in on-chain governance. Plus, he talks about his worries and gives us his predictions for 2018.

Show notes: http://www.forbes.com/sites/laurashin/2018/01/09/vitalik-buterin-creator-of-ethereum-on-the-big-guy-vs-the-little-guy/

Some of Vitalik's blog posts that we discussed: On token sales: http://vitalik.ca/general/2017/06/09/sales.html

Interactive coin offerings: https://people.cs.uchicago.edu/~teutsch/papers/ico.pdf

Blockchain governance: http://vitalik.ca/general/2017/12/17/voting.html

Learn more about your ad choices. Visit megaphone.fm/adchoices