They’re designed to be stateless. You send it to me. Going beyond financial things a bit, I mentioned ENS, the Ethereum Name System.
And so the geographic redundancy is one aspect of it. #331: Ann Miura-Ko — The Path from Shyness to World-Class Debater and Investor, #332: Coach George Raveling — A Legend on Sports, Business, and The Great Game of Life, #333: Random Show — Fasting, Biohacking, and Tony Robbins, #334: Drew Houston — The Billionaire Founder of Dropbox, #335: The Life Lessons and Success Habits of Four Presidents — Doris Kearns Goodwin, #336: Scott Belsky — How to Conquer the Messy Middle. And one of the analogies that I use for DeFi is that these are like crypto castles made of math that are freely trading with each other. So if the efficiency of computers increases by a factor of two, then you can support twice as many shards and each shard can be twice as large. It’s the native money of the internet.
You have ETH and there’s a limited set of opportunities to get new ETH directly from the tap. It may just be the battlefield that all of these factors can kind of win simultaneously. And I mean, Ethereum did already have this schism, right? Naval Ravikant: I was going to say, I think some of that is just driven by the pre-mine phenomenon where Bitcoin had a so-called fair launch, although you can debate how fair it was, but how fair the distribution is today. Tim Ferriss is a self-experimenter and bestselling author, best known for The 4-Hour … And I think that kind of churn is healthy. And with digital gold, high price is good. Even with Ethereum we took a very active effort of not making it too centralized in any one country or any one city in any one place.
I had a very charming routine at the time, which was to wait until late in the evening when my parents were decompressing from a hard day's work, doing their crossword puzzles, watching television. You can still reward people who were very important early contributors to things that ended up being very important. #105: 5 Morning Rituals That Help Me Win the Day, #106: Scott Adams: The Man Behind Dilbert, #107: The Scariest Navy SEAL I’ve Ever Met…And What He Taught Me, #108: Comedy’s Dynamic Duo, Seth Rogen and Evan Goldberg, #109: The 5 Things I Did To Become a Better Investor, #110: The Tattooed Heretic of Wine and Whiskey, Richard Betts. So it’s this really weird thing where it’s decentralized, it’s open source, but it’s still used to coordinate and bring people together.
So, at the beginning you send $10 to this contract. I mean, if you see a word that you don’t understand, you’ll look it up. There’s an infinite number of rabbit holes we can go down. Tim Ferriss is a self-experimenter and bestselling author, best known for The 4-Hour Workweek, which has been translated into 40+ languages. Sure, okay. And you could use it not just for websites, right? To listen to any of the past episodes for free, check out this page.
And if someone commits fraud or makes a mistake, then they get punished for that fraud.” Whereas there are these zero knowledge-base rollups pioneered by StarkWare and others, which are basically saying, “Hey, actually, we’re going to submit proofs, which are much shorter than the actual computation, that the computation was done properly.” But I think these give together what? Tim Ferriss Show! The Moderna vaccine was ready on January 13th.
Tim Ferriss: Even more interesting at 447. So I highly recommend just trying to build one application, for a lot of people. It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests.For show notes and past guests, please visit tim.blog/podcast.Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Interested in sponsoring the podcast? It’s really the language learning. Thinking of Ethereum and comparing it to, say, Bitcoin and considering the possible regulatory threats to Bitcoin and I think probably a stronger focus on cryptocurrency than blockchain by regulators.
So the one-sentence explanation of Ethereum that I sometimes give is it’s a general-purpose blockchain. I don’t have to prove exactly how many coins I have. And Steem was its own blockchain and Steem, the company, they did have some Steemit tokens, but they didn’t have the right to just do whatever they want with this Steem of the platform because it was a decentralized thing, but they had some tokens and then Steem, the platform had a voting mechanism as holders of Steem tokens could vote on changes.
This site is an Amazon Associate and purchases through Amazon links may earn an affiliate commission. This is from one of my favorite writers of all-time, Kurt Vonnegut, and it goes as follows: "Here is a lesson in creative writing. Cryptocurrencies are inherently designed to be sovereign resistant, right. It’s not owned or run by anybody except the community and a few developers, and there’s a token associated with it, but you can just automatically trade with this smart contract to turn, say, your Ethereum into a stable coin to get the equivalent of dollars or back.
And most of the users basically collectively just moved over to this new fork. Tim Ferriss is a self-experimenter and bestselling author, best known for The 4-Hour Workweek, which has been translated into 40+ languages. Please enjoy this episode, and if you’d like to listen to the other 100-plus profiles from Tribe of Mentors, please check out audible.com/ferriss. Naval Ravikant: So Uniswap is interesting. And so the quadratic funding mechanism actually gives a much greater subsidy to the $1 from each of a hundred people project than it does from the project that got just a hundred dollars from a split between two people. Do you think that there’s a possibility that some miners and people will stay on Eth1 instead of Eth2? Naval Ravikant: Yeah. Vitalik Buterin: Right, the nice thing about cryptocurrency of course, is that the ecosystem is much more transparent. I will admit that we were actually prioritizing the merge even more than sharding recently.
He runs a very active Twitter account where he good-naturedly engages with all kinds of people who are constantly trying to get into fights with him, which is what people do on Twitter. He runs the Ethereum Foundation. Naval Ravikant: Yeah. Real Love is a creative tool kit of mindfulness exercises and meditation techniques that help you to truly engage with your present experience and create deeper love relationships with yourself, your partner, friends and family, and with ... I read the studies as I look at just what are some of the high level results, and then just kind of narrow it down to a couple of things. Tim Ferriss: There are other plausible explanations but those largely hinge on named names versus them being anonymous.
So it is its own thing. Jamie Fraser and Claire Randall were torn apart by the Jacobite Rising in 1746, and it took them twenty years to find each other again. And so our economics just has to just take that fact seriously. Although generally I am a much more big fan of hands-on learning. Fiat currency is — they basically get created by a combination of the central bank and the commercial banking ecosystem. Vitalik Buterin: Yes. And, I ended up coordinating and working with her quite a lot on various things. 1:30:31 – Always searching instead of enjoying what you have. This episode is brought to you by ExpressVPN.
And right now, India is talking about banning it and that will end in tears, right. Here’s a very partial list: tech icons (founders of Facebook, Twitter, LinkedIn, Craigslist, Pinterest, Spotify, Salesforce, Dropbox, and more), Jimmy Fallon, Arianna Huffington, Brandon Stanton (Humans of New York), Lord Rabbi Jonathan Sacks, Ayaan Hirsi Ali, Ben Stiller, Maurice Ashley (first African-American Grandmaster of chess), Brené Brown (researcher and bestselling author), Rick Rubin (legendary music producer), Temple Grandin (animal behavior expert and autism activist), Franklin Leonard (The Black List), Dara Torres (12-time Olympic medalist in swimming), David Lynch (director), Kelly Slater (surfing legend), Bozoma Saint John (Beats/Apple/Uber), Lewis Cantley (famed cancer researcher), Maria Sharapova, Chris Anderson (curator of TED), Terry Crews, Greg Norman (golf icon), Vitalik Buterin (creator of Ethereum), and nearly 100 more. Tim Ferriss: A question on quadratic funding, just to hop in here, since I’m involved with a few different types of scientific research. There is various AI techniques to try to detect bots, but in a decentralized system, we don’t have this set of centralized registry of who gets to be an actual user. From the author: “For the last two years, I’ve interviewed more than 200 world-class performers for my podcast, The Tim Ferriss Show.The guests range from super celebs (Jamie Foxx, Arnold Schwarzenegger, etc.) And so a lot of people had the opportunity to become part of the ecosystem.
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And then the proof-of-work changes, basically becomes irrelevant from there. So kind of learning by doing instead of learning by taking in information.
For example, I do expect that we’ll see more hacks and break-ins and failures in the ecosystem as a whole, not in ETH itself but in the ecosystem around ETH, than we will in the ecosystem around Bitcoin necessarily but at the same time, ETH is dynamic and growing and adaptive, which just makes it more of an evolving creature.
Chloe Valdary’s point of view is different from the norm. Naval Ravikant: Yeah I agree with that. How can we overcome self-paralysis and take action? And if you only get one thing out of this book, let it be this: In a world where nobody really knows anything, you have the incredible freedom to continually reinvent yourself and forge new paths, no matter how strange. And there have been very successful prediction markets running on the Ethereum blockchain.
Tim is an author of 5 #1 NYT/WSJ bestsellers, investor (FB, Uber, Twitter, 50+ more), and host of The Tim Ferriss Show podcast (400M+ downloads) This thing will get inflated.”. Subscribe via RSS, Apple, Spotify, Amazon, Overcast, Stitcher, … 250K Books Sold. Those can’t combine with each other, but in the Ethereum world of DeFi, all of these apps by default are open source, permissionless, programmable, and can connect right into each other. And technically someone could create a competitor, but like you said, there are these questions of viability, value add, and moral leadership and so on. #103: Drunk Dialing Fans–Celebrating The 100th Podcast Episode! Many of the world’s most famous entrepreneurs, athletes, investors, poker players, and artists are part of the book. And some countries try to ban it. 1" 2015Farnoosh,"Inc." FT:"Tim"Ferriss,"welcome"to"So"Money,"such"aprivilege"to"have"you"on"the"show."" The Tim Ferriss Show Transcripts: Alisa Cohn on Prenups for Startup Founders, How to Reinvent Your Career, the Importance of “Pre-Mortems,” and the Three Selves (#539) Please enjoy this transcript of my interview with Alisa Cohn (@AlisaCohn), one of the most prominent startup coaches in the world. If you’ll just go to CoinMarketCap and you’ll look at some of the top 10 coins other than say Bitcoin and Ethereum, you can’t always give a good answer for what values does that token represent. To prevent one person from just generating a billion accounts and outvoting everyone else, the solution is economics, right?
So I think there’s ways to do tokens well, and there’s ways to do tokens poorly. And you’re actually you’re probably the youngest one of that group. Welcome to another episode of The Tim Ferriss Show, where it is my job to deconstruct world-class performers to tease out the routines, habits, et cetera that you can apply to your own life.You’ll get plenty of that in this special episode, which features my interview with David Blaine from my 2017 TV Show Fear{less}. So I encourage you to read all of them. Post was not sent - check your email addresses! #1 New York Times bestselling author Diana Gabaldon returns with the newest novel in the epic Outlander series. And there have been plenty of projects where just VC funds gave hundreds of millions of dollars of capital to them, but the reality is that hundreds of millions of dollars of capital just can’t buy you a soul. ETH may end up being more valuable. Welcome to another episode of The Tim Ferriss Show, where it is my job to deconstruct world-class performers to tease out the routines, habits, et …
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