Gideon Greenspan: MultiBit – The Blockchain is a New Database Paradigm

Gideon Greenspan, a computer scientist and CEO/Founder of the Israeli startup Coin Sciences, joined us for a discussion of their private blockchain platform MultiChain. Besides diving into the popular question of what’s the point of a private blockchain, we covered his earlier colored coins implementation as well as his view that blockchains are best understood as a novel database paradigm. Topics covered in this episode: How Gideon got involved in the blockchain space Their colored coins implementation MultiSpark and why it failed to get traction Why he saw a market for an open-source private blockchain platform and started MultiChain What mining diversity is and how it is used for consensus in MultiChain How permissions work in MultiChain The issues of privacy in blockchains and why you can’t have auditability and privacy How private blockchains differ from regular distributed databases The five criteria to decide if a project needs a blockchain The problem he sees with smart contract blockchains Episode links: Multichain website Multichain Whitepaper Colored coin protocol CoinSpark Avoiding the pointless blockchain project Private blockchains are more than 'just' shared databases Smart contracts: The good, the bad and the lazy This episode is hosted by Brian Fabian Crain and Sébastien Couture. Show notes and listening options: epicenter.tv/107

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