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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"

They vote among themselves to decide on what the next block should be, so...

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

It's a two-phase commit algorithm for coming to consensus about the next block.

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

You know, I've skimmed over the masternode concept in Dash a while ago, but I don't really remember what the algorithm was.

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

But what I'll say is our focus and what we do better than anyone else.

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

And that is coming to consensus and having proof of secure consensus as fast as possible, given the security guarantees and default tolerance guarantees that tournament provides.

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

And we use this to create a network of blockchains that can talk to each other and interoperate.

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

And that's called Cosmos.

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

That's the project we're building.

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

Cosmos.

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

Yes.

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

Cool fucking name.

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

Yeah.

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

It's the Internet of Blockchains.

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

It's the universe as seen as a well-ordered whole.

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

It's a pretty good name.

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

No, I'm just obsessed with... You know, the thing is... How much of your own money have you put into this so far?

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

I'm all in.

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

How much?

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

I will not disclose that.

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

More.