Episode 16: How Do You Use Cryptocurrency? - has Vice President of The KU Blockchain Institute, Tony Czajka, explain the technology behind cryptocurrency.

Episode Summary:

This episode of the Simple Questions Podcast features a discussion between Dylan Carnahan and Tony Czajka, Vice President of the KU Blockchain Institute. The institute seeks to further the advancement of blockchain technology by providing a platform for "researchers, both faculty and student-led, to collaborate, publish work, mentor students, and educate curious minds."

Tony uses his knowledge of computer science and blockchain technology to help explain the intricacies of cryptocurrency. We talk about types of cryptocurrency wallets, how cryptocurrency is used to purchase NFTs, and future applications of blockchain technology.

In this episode we discuss:

00:00 - Love Song by Frogpond (Apple & Spotify)
01:28 - Introducing Tony Czajka
02:08 - Wisconsin to Kansas
03:21 - KU Blockchain Institute
05:33 - Introduction to Crypto
10:14 - Mining Cryptocurrency
16:07 - Types of Cryptocurrencies
17:31 - Value
21:21 - Decentralized Currency
24:45 - NFTs
28:09 - The Metaverse
33:31 - Crypto Wallets
41:11 - The Importance of Cryptocurrency
44:56 - Resources & Closing Remarks
46:20 - Conclusion and Information

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