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Mar 1, 2018

This week, John speaks with Paul Madsen, Technical Architect for Swirlds to discuss Bitcoin’s speed issue and how the new technology Hashgraph could heighten efficiency. 

In this Episode:

  • John and Paul speak about what Bitcoin is and why it is currently inefficient

  • Learn how bitcoin mining works 

  • Why is blockchain designed to be slow? 

  • Explore in detail how blockchain’s speed is hampering Bitcoins ability to be a payment mechanism 

  • Learn why the leader based model of bitcoin mining can cause vulnerabilities on the system, and how hashgraph’s model can increase speed and efficiency.

 

Related Links:

Join us at this year’s AXFI Conference June 10-13 in Minneapolis, MN.

Learn more about Hashgraph with Swirld’s founder Leemon Baird

Pre-order John Best’s upcoming booking “Breaking Digital Gridlock” available March 13, 2018