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Jae Kwon

๐Ÿ‘ค Speaker
152 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

I'll try.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

And every time I do this, I try something new.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

So this may not work.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

But if you think of Bitcoin as like a Nokia phone or a small computer, say.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

And it's something that you want to be small because, like, everyone gets security from the fact that they know that they can download the blockchain around themselves.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

They can audit it themselves.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

It's accessible.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

So it's good that a blockchain is a small thing.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

machine replicated all around the world so that it's not owned by any central entity, but it's secured by a replication by many people who have stake in it somehow.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

And Tendermint is the engine

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

or it is one of the many engines that enable the creation of blockchains, which is synonymous to replicating state machines in a secure way.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

Okay.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

We've got a partner in Europe using Tendermint to create Enerchain, which is an energy trading platform.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

What's the partner's company name or their name?

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

Ponton, P-O-N-T-O-N.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

Okay.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

But I only mention them because we haven't really made any announcements about the various partners that are working on and building on top of Tendermint.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

We're getting towards a release, but I don't want to dive into specifics here.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

But there are definitely many projects building on Tendermint, and there are probably more that we don't know of.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

It was self-funded for a while.

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