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Kathleen Breitman, CEO of Dynamic Ledger Solutions, the company behind the Tezos protocol, and Ryan Jesperson, president of the foundation, discuss the Tezos initial coin offering, which was the largest ICO at the time of sale. Kathleen explains why she wouldn't do anything differently, except for the choice of foundation head, Johann Gevers, with whom Kathleen and her co-creator and husband, Arthur Breitman, ended up in multiple disputes. She muses as to why many people initially praised Gevers and then later revealed that he was not liked or that he'd defrauded them when they'd worked for him. Ryan and Kathleen also explain how they will attempt to help Tezos compete in the competitive smart contract platform space, despite the fact that Tezos is built in less well-known computer languages, and they explain why they've chosen delegated proof of stake as their consensus protocol, despite the criticism that it could create a plutocracy. Tezos: https://tezos.com Kathleen Breitman: https://twitter.com/breitwoman Ryan Jesperson: https://www.linkedin.com/in/ryan-jesperson-23b0053a/ Thank you to our sponsors! Preciate: https://preciate.org Quantstamp: https://quantstamp.com The Sun Exchange: https://www.thesunexchange.com Podcast links: Wired story on Tezos: https://www.wired.com/story/tezos-blockchain-love-story-horror-story/ Unconfirmed episode with Gideon Lewis-Kraus, author of the Wired cover story: http://unconfirmed.libsyn.com/behind-the-tezos-scandal-conflicts-of-interest-self-dealing-and-bullying-ep024 Unconfirmed with Caitlin Long on Wyoming blockchain laws: http://unconfirmed.libsyn.com/behind-the-tezos-scandal-conflicts-of-interest-self-dealing-and-bullying-ep024
Kathleen Breitman, CEO of Dynamic Ledger Solutions, the company behind the Tezos protocol, and Ryan Jesperson, president of the foundation, discuss the Tezos initial coin offering, which was the largest ICO at the time of sale. Kathleen explains why she wouldn't do anything differently, except for the choice of foundation head, Johann Gevers, with whom Kathleen and her co-creator and husband, Arthur Breitman, ended up in multiple disputes. She muses as to why many people initially praised Gevers and then later revealed that he was not liked or that he'd defrauded them when they'd worked for him. Ryan and Kathleen also explain how they will attempt to help Tezos compete in the competitive smart contract platform space, despite the fact that Tezos is built in less well-known computer languages, and they explain why they've chosen delegated proof of stake as their consensus protocol, despite the criticism that it could create a plutocracy. Tezos: https://tezos.com Kathleen Breitman: https://twitter.com/breitwoman Ryan Jesperson: https://www.linkedin.com/in/ryan-jesperson-23b0053a/ Thank you to our sponsors! Preciate: https://preciate.org Quantstamp: https://quantstamp.com The Sun Exchange: https://www.thesunexchange.com Podcast links: Wired story on Tezos: https://www.wired.com/story/tezos-blockchain-love-story-horror-story/ Unconfirmed episode with Gideon Lewis-Kraus, author of the Wired cover story: http://unconfirmed.libsyn.com/behind-the-tezos-scandal-conflicts-of-interest-self-dealing-and-bullying-ep024 Unconfirmed with Caitlin Long on Wyoming blockchain laws: http://unconfirmed.libsyn.com/behind-the-tezos-scandal-conflicts-of-interest-self-dealing-and-bullying-ep024
Unconfirmed: Insights and Analysis From the Top Minds in Crypto
Gideon Lewis-Kraus, a contributing writer at Wired, came out with a cover story in the magazine earlier this week that investigated the actions of both sides in the Tezos boardroom battle. Lewis-Kraus walks us through the accusations on both sides and explains how the balance of the blame seems to lie with foundation head, Johann Gevers, who had numerous conflicts of interest, proposed an unjustified payment for himself and appears to have tried to revive his faltering company Monetas by riding on the coattails of Tezos's success with the ICO. Lewis-Kraus also tells us what he thinks are the big takeaways from the Tezos fight for other crypto entrepreneurs. Gideon Lewis-Kraus: http://www.gideonlk.com His Wired cover story: Inside the Crypto World's Biggest Scandal: https://www.wired.com/story/tezos-blockchain-love-story-horror-story/ Tezos: https://tezos.com Thank you to our sponsor! Onramp: http://thinkonramp.com
Zug, Switzerland July 24, 2015 I’m sitting here on a park bench with my friend and colleague Johann Gevers overlooking an absolutely serene lake in Zug, Switzerland. With the elegant and imposing mountains behind, it’s as quintessentially Swiss as you can get. Johann is the founder of Monetas, an advanced digital transaction platform that could dramatically change the way people do business around the world Monetas is a ‘cryptofinance’ company-- part of the new generation of technology firms that has set its sights on revolutionizing finance. This goes way beyond Bitcoin. The world of finance as we know it is highly centralized. Anytime you buy a Starbucks coffee or pay your electric bill, the funds pass through a heavily congested financial highway that is exclusively controlled by the banks. All the money is funneled through their system. It’s expensive. Inefficient. And incredibly outdated. Think about an international wire transfer—the funds flow from one bank, to a larger bank, to an even larger bank (typically in New York), and back down to smaller banks on the receiving end. And everyone takes a fee along the way. This is ridiculous in 2015. The technology already exists to eliminate all of the middle men and allow transactions to pass directly between a buyer and seller. These companies are game changers. And in Johann’s case, he deliberately selected this picturesque valley in Switzerland as the place to base his company. In Johann’s assessment, Switzerland still presents the most stable, credible, freest place in the world to run a business, especially something that could really disrupt finance. And he’s working hard to bring even more cryptofinance companies here to Zug—a vision he calls “Crypto Valley”. If you listen to his story, it really makes sense. Economic freedom. Low taxes. Friendly, cooperative government. And the lifestyle really is incredibly idyllic. I invite you to join Johann and I today as we discuss some of the unique and inviting features of Switzerland... and the future of finance.
Zug, Switzerland July 24, 2015 I'm sitting here on a park bench with my friend and colleague Johann Gevers overlooking an absolutely serene lake in Zug, Switzerland. With the elegant and imposing mountains behind, it's as quintessentially Swiss as you can get. Johann is the founder of Monetas, an advanced digital transaction platform that could dramatically change the way people do business around the world Monetas is a ‘cryptofinance' company-- part of the new generation of technology firms that has set its sights on revolutionizing finance. This goes way beyond Bitcoin. The world of finance as we know it is highly centralized. Anytime you buy a Starbucks coffee or pay your electric bill, the funds pass through a heavily congested financial highway that is exclusively controlled by the banks. All the money is funneled through their system. It's expensive. Inefficient. And incredibly outdated. Think about an international wire transfer—the funds flow from one bank, to a larger bank, to an even larger bank (typically in New York), and back down to smaller banks on the receiving end. And everyone takes a fee along the way. This is ridiculous in 2015. The technology already exists to eliminate all of the middle men and allow transactions to pass directly between a buyer and seller. These companies are game changers. And in Johann's case, he deliberately selected this picturesque valley in Switzerland as the place to base his company. In Johann's assessment, Switzerland still presents the most stable, credible, freest place in the world to run a business, especially something that could really disrupt finance. And he's working hard to bring even more cryptofinance companies here to Zug—a vision he calls “Crypto Valley”. If you listen to his story, it really makes sense. Economic freedom. Low taxes. Friendly, cooperative government. And the lifestyle really is incredibly idyllic. I invite you to join Johann and I today as we discuss some of the unique and inviting features of Switzerland... and the future of finance.
First up this week, we have CEO Johann Gevers (@johanngevers) and CTO Chris Odom of Monetas. Based on the Open-Transactions project, Monetas is aiming to be the world’s first decentralized system for financial and legal transactions – a digital contracting platform. They’ve seen interest for a variety of different uses/industries including: money remittance, cell phone providers, banks, consumer applications, and virtual worlds. Then returning guest Gordon Haff (@ghaff), a cloud evangelist at Red Hat, stops by to talk about integration of the entire Red Hat portfolio under the Open Hybrid Cloud umbrella. It’s not a single product, but a set of capabilities to address business problems. He also discusses the current state of IaaS and PaaS and how they will evolve in the future. Show Timeline: • 0:00 – Introductions and News of the Week • 11:59 – Interview with Johann Gevers and Chris Odom • 26:51 – Interview with Gordon Haff • 37:13 – Wrap up