49 - Moon Math: The Bull Case for Cryptography | Justin Drake

<p>🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/<br /> ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI<br /> ❤️ JOIN PRIVATE DISCORD: https://bit.ly/2UVI10O<br /> 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/<br /> 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/<br /> ------<br /> AFTER THE SHOW DEBRIEF:<br /> https://shows.banklesshq.com/exclusive-justin-drake-debrief<br /> -----<br /> GO BANKLESS WITH THESE SPONSOR TOOLS:</p> <p>⭐️ AAVE - BORROW OR LEND YOUR ASSETS<br /> https://bankless.cc/aave</p> <p>🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP<br /> https://bankless.cc/go-gemini</p> <p>💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith</p> <p>📱 DHARMA | MOBILE ONRAMP DIRECTLY INTO DEFI<br /> https://bankless.cc/dharma</p> <p>------<br /> 49 - Moon Math: The Bull Case for Cryptography</p> <p>Guest: Justin Drake</p> <p>Justin Drake is a researcher at the Ethereum Foundation and is leading the charge of the application of cryptography to Ethereum.</p> <p>Justin speaks about how far with come in the cryptocurrency industry, with only two extremely primitive tools: cryptographic hashes and signatures; the fire and wheel of applied cryptography.</p> <p>Justin leads us through a cryptographic-enabled world, where more recent breakthroughs in applied cryptography supplement hashes and signatures. Multi-party computation, fully-homomorphic encryption, SNARKs, verifiable-delay functions, these are all cryptographic tools that are yet-to-be harnessed by the Ethereum blockchain.</p> <p>Importantly, all of these new modern cryptographic tools are developed well beyond theoretical concepts; all that is left is for talented developers to put rubber to pavement.</p> <p>Justin walks the listeners through the user story of a user making a transaction on Uniswap, and discusses how cryptographic tricks can make the entire user process more secure and more trustless.</p> <p>We finish with a discussion about the long term fate of the Bitcoin blockchain, and its collision co