Ethereum: The Global Platform for Financial Innovation

Published on
December 1st, 2020
Duration
61 minutes


Ethereum: The Global Platform for Financial Innovation

The Interview - Crypto ·
Featuring Joseph Lubin

Published on: December 1st, 2020 • Duration: 61 minutes

Joseph Lubin, founder of ConsenSys and co-founder of Ethereum, joins Real Vision senior editor, Ash Bennington, to discuss ConsenSys, Ethereum, and the innovations happening in its ecosystem. Lubin explains a bit about the mission of ConsenSys and how it came into being. He describes the innovations that Ethereum brought to the blockchain space and what those changes have enabled. Lubin also touches on tokenization, stable coins, and Ethereum’s domination of decentralized finance. Filmed on October 16, 2020.

Key Learnings: Ethereum may be a very young asset, but it has an enormous amount of development happening on top of it. Lubin clearly explains the amount of innovation that Ethereum has brought to the crypto ecosystem and the various ways it is being used today. This video provides insights as to what Ethereum was designed for and how it may be used in the future.

Comments

Transcript

  • SB
    Scott B.
    14 December 2020 @ 00:13
    I'm trying to figure out how a slow Ethereum network has a market cap greater than Coca-Cola. Fun side note: I tried to submit $3 of COMP to earn interest, and the Ethereum gas fee was $17.
    • Jv
      Jelle v.
      15 December 2020 @ 20:50
      Would you invest in the Apple App Store in 2008 if it was slow? Similar situation.
  • CK
    Craig K.
    11 December 2020 @ 00:13
    Thanks for a great look into a potential decentralized future.
  • MK
    Monty K.
    8 December 2020 @ 03:56
    You really need to get Charles Hoskins on. He can explain Ethereum much much better than this guy.
  • JE
    J E.
    2 December 2020 @ 17:52
    Great interview.. thank you- Ash or Joseph (or others)... for a former web developer who’s been out of the field for a few years.. what would you suggest as the best way to jump back in and contribute right now? I’m a bit rusty (LAMP stack, html/css, JavaScript mostly) and have considered Consensys’s developer program. I’m lucky and don’t necessarily need income right now - more interested in contribution or equity. I have been studying every project I can, working my way down coinmarketcap from top to bottom. All I know is, after wasting so much time on the marketing side of Web 2.0 which never felt right to me, this feels like home... I’m down the rabbit hole and not going back. Cheers, JE
    • WA
      William A.
      8 December 2020 @ 00:18
      Maybe check out what Cardano is doing. They are beta testing the "IELE" devnet. A place where "non-blockchain" devs can start building smart contracts on Cardano without learning a blockchain-specific programming language. Sounds like it could be a great place to start. (Full disclosure...I am not a dev. I just follow the blockchain space so I have no idea how good the testnet is.)
  • jh
    john h.
    7 December 2020 @ 17:51
    will my present ETH automatically convert to ETH 2 I'm not a geek! Thanks, John
  • AE
    Abdallah E.
    7 December 2020 @ 10:57
    Thank you. I watched it twice and i barely scratched the surface....so much to absorb. Well done. More of Joseph on specifics would be great
  • AE
    Abdallah E.
    6 December 2020 @ 17:55
    Great interview and eye opener for Tech people. Thanks!
  • JA
    Joshua A.
    5 December 2020 @ 05:53
    This guy is a baller. Great interview Ash! TY.
  • LO
    Lynn O.
    4 December 2020 @ 23:51
    I'm sorry--I am just beginning to educate myself about cryptocurrency. So I know very little about the computer science language related to cryptocurrency.
  • JT
    Joyce T.
    4 December 2020 @ 21:40
    LOL! I am in the wrong atmosphere, here. You lost me at 'hello'!
  • NH
    Nathan H.
    1 December 2020 @ 22:33
    First time I've heard real vision do an interview in a foreign language. Haha super interesting but so many new concepts. It was hard to wrap my head around.
    • MJ
      Marius J.
      4 December 2020 @ 12:47
      Agreed
  • DW
    Dean W.
    3 December 2020 @ 03:00
    Wow, 5 stars! It’s very apparent to me that the value of BTC being perceived as a store of value is enhanced or even dependent upon the increasingly large and more complex financial ecosystem that can be achieved through these second and third generation crypto currencies. The large and new financial systems that will be created through these altcoins and their technologies will not only revolutionize financial markets but simultaneously provide BTC with the credibility for BTC to act as the digital gold store of value. BTC will increase in value proportional to the degree to which these altcoins disrupt the legacy financial system.
    • tc
      thomas c.
      4 December 2020 @ 01:33
      good summary. now I'm ready to watch it. Thanks.
  • LM
    Lester M.
    2 December 2020 @ 00:48
    Great interview, kind of hard for non CS folks to understand but definitely valuable!
  • dw
    douglas w.
    1 December 2020 @ 19:44
    Thanks to Ash for a great interview with Joseph. When I listen to this, I think ETH is eating the world. I think we need Charles Hodgkinson back on to talk about ADA as well!