We’re joined by Tal Mogan, Chief Scientist at Spacemesh. This new consensus protocol is designed to run on home desktop PCs, filling free space on users’ hard drives to create a Proof of Space-Time. The goal of this new blockchain protocol is to solve the issues with Proof of Work and Proof of Stake, that is, energy inefficiency on the one hand, and possible centralized plutarchy of rich validators on the other.
Topics covered in this episode:
- Tal’s background as an academic and researcher
- The problems with Proof of Stake and Proof of Work
- What is Proof of Space-Time and how it works
- How miners use their hard drive space to establish proofs
- How randomness is generated in Spacemesh
- Spacemesh’s DAG architecture and how blocks are added to the chain
- The tortoise and hare protocols proposed by Spacemesh
- The Spacemesh team and recent funding round
- The project’s business model and roadmap
Episode links:
- Spacemesh
- Spacemesh white paper
- Tal’s CESC18 talk in San Fransisco
- Spacemesh on GitHub
- Spacemesh on Twitter
- Spacemesh on Medium
- Interchain Conversations Berlin event – use code EPICENTER for discounted tickets
- Cosmos Hackatom Berlin
Thank you to our sponsors for their support:
- The gold hedging platform for the crypto community – Get early access to the new V2 platform at http://vaultoro.gold/epicenter.
- Join the most interoperable ecosystem of connected blockchains. Learn more at cosmos.network/epicenter.
This episode is hosted by Friederike Ernst and Sébastien Couture. Show notes and listening options: epicenter.tv/291
