#192 – Charles Hoskinson: Cardano

Lex Fridman Podcast

Charles Hoskinson is the founder of Cardano, co-founder of Ethereum, a mathematician, and a farmer. Please support this podcast by checking out our sponsors:
– Gala Games: https://gala.games/lex
– Allform: https://allform.com/lex to get 20% off
– Indeed: https://indeed.com/lex to get $75 credit
– ExpressVPN: https://expressvpn.com/lexpod and use code LexPod to get 3 months free
– Eight Sleep: https://www.eightsleep.com/lex and use code LEX to get special savings

EPISODE LINKS:
Charles’s Twitter: https://twitter.com/IOHK_Charles
Charles’s YouTube: https://www.youtube.com/user/charleshoskinson
Cardano Website: https://cardano.org/
IOHK Website: https://iohk.io/

PODCAST INFO:
Podcast website: https://lexfridman.com/podcast
Apple Podcasts: https://apple.co/2lwqZIr
Spotify: https://spoti.fi/2nEwCF8
RSS: https://lexfridman.com/feed/podcast/
YouTube Full Episodes: https://youtube.com/lexfridman
YouTube Clips: https://youtube.com/lexclips

SUPPORT & CONNECT:
– Check out the sponsors above, it’s the best way to support this podcast
– Support on Patreon: https://www.patreon.com/lexfridman
– Twitter: https://twitter.com/lexfridman
– Instagram: https://www.instagram.com/lexfridman
– LinkedIn: https://www.linkedin.com/in/lexfridman
– Facebook: https://www.facebook.com/lexfridman
– Medium: https://medium.com/@lexfridman

OUTLINE:
Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.
(00:00) – Introduction
(09:12) – What programming language is the simulation written in?
(14:17) – Favorite philosophers
(23:18) – Theory vs engineering in cryptocurrency
(34:27) – What programming languages should everyone learn
(42:42) – Haskell and beyond
(46:26) – Plutus: Cardano’s smart contract platform based on Haskell
(50:53) – What is a blockchain?
(55:05) – Hybrid smart contracts
(1:00:55) – Proof of work vs proof of stake
(1:09:42) – Cardano’s proof of stake consensus algorithm
(1:20:14) – What is Cardano?
(1:28:55) – Cardano vs Ethereum vs Bitcoin
(1:38:50) – The problem with Bitcoin
(1:48:24) – Bitcoin Conference
(1:52:05) – Ergo and Alex Chepurnoy
(1:59:15) – Cardano’s Extended UTXO Model
(2:06:27) – Chainlink and Oracle Networks
(2:13:40) – Cardano and Wolfram Alpha
(2:18:35) – The future of video games
(2:27:10) – Smart contracts timeline for Cardano
(2:34:40) – Decentralized exchanges
(2:40:21) – Jack Dorsey and Bitcoin
(2:46:33) – Elon Musk and Tesla: Cardano, Ethereum, Bitcoin
(2:49:50) – Dogecoin and Elon Musk
(3:01:11) – Hydra vs Lightning Network
(3:08:45) – Non-Interactive Proofs of Proof-of-Work (NIPoPoWs)
(3:12:39) – Cardano failure modes
(3:21:00) – Cardano vs Polkadot
(3:26:05) – Vitalik Buterin
(3:34:16) – Corrupting nature of power
(3:44:26) – Satoshi Nakamoto
(3:50:37) – Cardano’s vision for decentralized governance
(4:03:31) – Cardano in Ethiopia
(4:07:33) – El Salvador and Bitcoin
(4:13:50) – Cryptocurrency will inject capitalism with long-term incentives
(4:23:42) – Day in the life of Charles Hoskinson
(4:30:59) – Mushrooms
(4:37:07) – Joe Rogan
(4:42:00) – Video games
(4:54:14) – Advice for young people
(4:57:23) – Meaning of life