Ethereum and Cryptocurrency with Gavin Wood
Gavin Wood joined the show to talk about Ethereum, Cryptocurrency, The DAO, Ethereum Virtual Machine (EVM), what could you build with Ethereum, and the future of digital currency. Gavin Wood is Founder of Ethereum, creator of the Solidity contract language, and Founder of Ethcore — the company that created Parity, an open source Ethereum client.
Matched from the episode's transcript 👇
Jerod Santo: Right. Well, this isn’t an investment show, it’s definitely a show about software, so I’ll stop down that route. But let me just say that we’ve been watching this, and watched loosely some of the alternative coins or the things that are changes to Bitcoin or inspired by Bitcoin, and like I said before the break, there’s lots of things that come and go… I was even mining some CoreCoin for a few months just for fun; that’s at 0.00 at this point, and perhaps is completely just a footnote in history.
One thing that we look for as we invest our time and our skills and perhaps even our money into communities and software projects, because this is a very large software and open source software projects - there’s over 80 projects that the Ethereum Organization has on GitHub… We look for sustainability and long-lasting things, and one of the constant themes in our shows and in our community of developers is the JavaScript fatigue and the constant churn of new frameworks and new ways of doing things - some people see it as a Renaissance, other people see it as ridiculous… I personally don’t buy into new JavaScript frameworks very often because I’m just waiting for the next one, and it seems like with the cryptocurrencies there’s very much that possibility. Aside from Bitcoin, many other ones have come and gone, and of course, Bitcoin itself hasn’t been around for all that long in the grand history… So that’s one of the questions I have about Ethereum, especially as we look at it as app platform - and we’ll get back to that. Looking forward, you’ve survived what would be considered a PR disaster and really a crisis in your community over the summer… Looking forward, what is it about Ethereum that you believe makes it have lasting power, and that we can have trust, not just in the currency, but in the platform as something that we can invest in?