3min chapter

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#192 – Charles Hoskinson: Cardano

Lex Fridman Podcast

CHAPTER

The Lightning Network

The idea is to try to come up with technology like the lightning network that could have something like gold, but then still build an economy around it. And have we ever built a successful banking credit system off of gold? Never. It never works because there's too much volatility underlying asset. Why is it taking so long to do all these obvious upgrades which are cryptographically low danger? Also Nipa Paus, non-aractive proofs of proof of work. Those came out in 2016. There's derivative work fly client floating around. What the hell is it? This is the frustration that I have: if you really are serious about this whole lightning and gold economy thing, I love

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