Support the show,
Support the show, consider donating:
BTC: 1CD83r9EzFinDNWwmRW4ssgCbhsM5bxXwg (https://epicenter.tv/tipbtc)
BCC: 1M4dvWxjL5N9WniNtatKtxW7RcGV73TQTd (http://epicenter.tv/tipbch)
ETH: 0x8cdb49ca5103Ce06717C4daBBFD4857183f50935 (https://epicenter.tv/tipeth)
When the Bitcoin Foundation fell apart and funding for Bitcoin core development was needed, the MIT founded the Digital Currency Initiative to step in. In the years since, the DCI has evolved into a vibrant center of cutting edge research on some of the most difficult challenges around blockchain technology.
DCI Director Neha Narula joined us to discuss the DCI's position between academia and industry, their policy on conflicts of interest, and their most fascinating research topics.
Topics discussed in this episode:
- How her interest in distributed systems and scaling lead led her to the blockchain space
- The mission and history of the MIT's Digital Currency Initiative
- How cryptocurrency might evolve over time as an academic field
- The DCI's project on digital fiat currency
- How zkLedger could enable privacy-preserving auditing for distributed ledgers
- Why sharding is unlikely to succeed in the short- and medium term
- Why Neha is most optimistic about layer 2 approaches to scaling like lightning network
- The story of discovering and writing about IOTA's vulnerability
- How DCI handles conflicts of interest and strives for neutrality
Links mentioned in this episode:
- MIT Digital Currency Initiative: https://dci.mit.edu/
- Neha Narula Personal Website: http://nehanarula.org/
- What’s New at MIT’s Digital Currency Initiative: https://medium.com/mit-media-lab-digital-currency-initiative/whats-new-at-mit-s-digital-currency-initiative-9d53c39502d3
- The Importance of Layer 2: https://medium.com/mit-media-lab-digital-currency-initiative/the-importance-of-layer-2-105189f72102
- Cryptographic vulnerabilities in IOTA: https://medium.com/@neha/cryptographic-vulnerabilities-in-iota-9a6a9ddc4367
- zkLedger | the future of audit: https://dci.mit.edu/zkledger/
- zkLedger Whitepaper: https://static1.squarespace.com/static/59aae5e9a803bb10bedeb03e/t/5aa1b35ce4966bd538d3f1d2/1520546653653/zkledger.pdf
- Neha Narula: The future of money | TED Talk: https://www.ted.com/talks/neha_narula_the_future_of_money
This episode is also available on :
- Epicenter.tv: https://epicenter.tv/242
- YouTube: http://youtu.be/4cm8hr0oFDU
- Souncloud: http://soundcloud.com/epicenterbitcoin/eb-242
Watch or listen, Epicenter is available wherever you get your podcasts.
Epicenter is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.
dci are dishonest ppl . dont believe a word that comes out of these misinformation spreaders
No conflict interest??? Neha are you sober???
ant transhumans ar born bilding inside the human body bild city skyline mega polis ad on human body its like swalow a big IT campus biger than we have an on the richt plays
It is just really bad you know, Im not gonna say why, and yeah you cant really steal money I mean you just dont want it in your crypto, and its not like we could really exploit it, but its bad, right, it is just something bad, yeah that bundle would not be accepted by network, but it still is bad, again, Im not gonna tell why it is such a big problem, but it is alarmingly bad, you get me?
Great explanation Neha! You proved the point, just not yours...
While I was in Boston, I
While I was in Boston, I sat down with Neha Narula, the Director at MIT’s Digital Currency Initiative. We discuss bugs in Bitcoin, Proof of Work being too risky and whether Bitcoin developers are ethical.
LISTEN TO THE FULL EPISODE HERE AND ACCESS LINKS TO THE SHOW NOTES
WHERE TO FIND THE SHOW
→ My website: https://www.whatbitcoindid.com/podcast/
→ iTunes: https://apple.co/2OOlzVV
→ Spotify: https://spoti.fi/2ygc4W1
→ Stitcher: https://bit.ly/2IQO8fX
→ SoundCloud: https://bit.ly/2CGSVQR
→ YouTube: https://bit.ly/2pR3s3g
→ TuneIn: https://bit.ly/2ywystr
LISTEN TO OLD EPISODES
→ By guest: https://www.whatbitcoindid.com/guests/
→ By topic: https://www.whatbitcoindid.com/topics/
→ Transcriptions: https://www.whatbitcoindid.com/transcriptions/
SUPPORT THE SHOW
→ Become a Patron: https://www.patreon.com/whatbitcoindid/
→ Subscribe on iTunes
→ Leave a review on iTunes
→ Share the show out with your friends and family on social media
→ Drop me a line on [email protected]
WHERE TO FOLLOW ME:
→ Twitter: https://twitter.com/whatbitcoindid/
→ Medium: https://medium.com/@whatbitcoindid/
→ Instagram: http://instagram.com/whatbitcoindid/
→ Facebook: https://www.facebook.com/whatbitcoindid/
→ YouTube: https://www.youtube.com/whatbitcoindid/
→ Website: https://www.whatbitcoindid.com/
→ Email list: https://www.whatbitcoindid.com/subscribe/
LEARN ABOUT BITCOIN & CRYPTO:
→ Step by Step Guide: https://www.whatbitcoindid.com/beginners-guide
→ Training: https://www.whatbitcoindid.com/training/
→ Resources: https://www.whatbitcoindid.com/resources/
“I think Proof of Work is very risky, it’s amazing its been working in practice for 10 years.”
— Neha Narula
Interview Location: Boston
Interview Date: 20th June
Company: MIT’s Digital Currency Initiative
The security of Bitcoin is one of the factors which gives it so much value, and after ten years there still hasn’t been a single counterfeit Bitcoin created, there has never been a successful 51% attack, and the few potentially catastrophic bugs have been fixed without any negative consequences. But how secure is Bitcoin? Is Proof of Work too risky? Can we trust those that are developing Bitcoin to do so with the right ethical judgement?
In this interview, I spoke with Neha Narula, the Director of MIT’s Digital Currency Initiative to talk about these critical issues. We discuss:
- How the DCI got started
- Bugs in the Bitcoin protocol
- Proof of Work risks
- Ethical Bitcoin development
- 51% attacks
- Government controlled crypto
Good stuff man & waiting for pics with Mr Trump @ The Titty Bar with whiskey sours
Bitcoin does not only depend on proof of work...full nodes will not accept any reorg...miners and developers are different...
Nice video what u think about Trump tweet on bitcoin today
This girl drinks the shitcoin kool aid
At Messari's Mainnet
At Messari's Mainnet virtual event, MIT Media Lab's Neha Narula and Lightning Lab's Elizabeth Stark discuss what's to come this year and beyond for both Bitcoin and the Lightning Network.
is she related to tony stark?
Thank you both so much for your contributions to these amazing protocols. I can't fathom why so many people fail to understand the idea that complexity in the base protocol is a bad idea. It seems that should be obvious to any software engineer.