„Simplicity is the ultimate sophistication.“ (S. Micali). I particularly enjoyed the central part on zero knowledge proofs which added value to previous Micali interviews. :-) Furthermore, I liked your well-informed, very appreciative and respectful interview style and how you let him freely develop his ideas, Ash. Micali is such an intelligent, honest, sympathetic and humorous person with such humbleness and at the same time big vision. Fingers crossed for Algorand, fellow long-term hodlers!
Algorand is here to stay. Most professional team in blockchain space, which in turn is translated in number of partnerships in just 2yrs of existence. To say that Silvio is an genius is an understatement.
You asked. We listened. Be on the lookout for FULL interviews dropping every FRIDAY. Sound off in the comments of who you would like to see next. Enjoy the interview! RV Crypto
For all you Visionaries asking for timestamps, please enjoy! 1:42 Journey Into Crypto 5:05 Algorand 15:11 Algorand Proof of Stake (POS) 23:28 Randomness 32:49 Engineering Risks 37:45 Zero Knowledge Proofs 57:38 How Zero Knowledge Proofs Are Being Used Today 1:04:13 The Auction Structure for Algorand 1:22:21 Evolvability
Amazing interview - so insightful on a level that someone with at a little bit of Algo knowledge can understand the logic behind the system. Incredibly enthusiastic about the future of Algorand with such a passionate and intelligent founder behind it. I'll be buying Algorand whenever I realistically can and keep adding to my position :)
Silvio, genio assoluto nel mondo. Una delle poche bandiere Italiane! Grandissimo! [ENG] Silvio, an absolute genius around the world. One of the few Italian representatives! Magnificent!
This presentation was outstanding, educational, informative and timely. I would like to have seen more information on the tokenomics/ economic outlook for the value algo. Didn't get a clear picture of how the algo token would be valued in the future. Thank you for superior professional presentation!
That was a fantastic interview! Very high quality content, congrats! I'd love to see you talk with Emin Gun Sirer, one of the founders of Avalanche. He seems like a great guy, and with Avalanche being one of most technologically advanced blockchains right now, it would be very interesting to have a comparison point between them and Algorand. I think the future is bright for both those projects and I'm always on the lookout for more quality information about them. Have an awesome summer! #suggestion
So if I spend 1 hour flipping a coin 300 times the total number of different possible outcomes is more than the amount of anything to ever exist in the universe combined? And I created this much randomness with a single two sided coin and an hour of my time?....came here for the need to have my position in ALGO re-enforced not to have my mind blown. God damn Silvio
1:42 Journey Into Crypto 5:05 Algorand 15:11 Algorand Proof of Stake (POS) 23:28 Randomness 32:49 Engineering Risks 37:45 Zero Knowledge Proofs 57:38 How Zero Knowledge Proofs Are Being Used Today 1:04:13 The Auction Structure for Algorand 1:22:21 Evolvability Enjoy!
only one question as an algo fan. the number 10^-18 . How can that be true about big bang since one second didnt last the same as now . I think that this thing about the time from big bang is wrong
Hey Ash, love these interviews. Please bring Dr Gavin Wood, the Co-founder of Ethereum and Founder of Polkadot on your show. He also invented the Solidity programming languagewhich is used to write Ethereum smart contracts. Thanks!
There's 476.19 ALGO per BTC, so if ALGO ever reached the market cap of btc, right know that ALGO is worth aroun 1$ it's the same as buying BTC for $476.... think about it.
Silvio describes just one type of delegated PoS algorithm in comparison to Algorand's PoS algorithm. There are delegated PoS algorithms with 1000 validators and more. In his interview with Lex Fridman he states that there are only 21 validators in a delegated PoS algorithm as well. Delegation is not intrinsically a bad thing, it can add a democratic component to PoS which can be pretty usefull.
I found it: Binance Smart Chain introduces a system of 21 validators with Proof of Staked Authority (PoSA). I think this is not the case for all proof of stake chains, especially not for the Cardano blockchain.
Algo has impressive tech and team but weak marketing and just about the worst tokenomics in the space with 10 BB total tokens and heavy dilution and selling pressure.
Let's address the marketing. Would you rather own part of a knife company with top-tier marketing, but when people actually went to use the product it sucks ass. Or a company with an amazing product that you only hear about because a trusted buddy tells you about it. Which strategy is build for long term success? Which one is like an infomercial?
@@deepfriedbrains__437 it’s an interesting but flawed analogy. The value of these networks, almost all blockchains, lies in their network effect - their value and security grows exponentially with users. That’s part of the reason the top two block banks are still so disproportionately valuable. Conversely, without users all blockchains are worthless however elegant the code. So it’s important for people to find out about and use any crypto you want to be successful.
@@mfmf100 Sure, I hear you. Devs/users will have the final say with their adoption of networks. I have a nice piece of Aave from dec with that thinking 👍 Overall, I just think we're still in the very early days of adoption. 5-10 years will tell the tale of who got the layer 1 blockchain recipe tastiest for devs & users. Still more unknowns than knowns right now it seems to me, but research reveals tea leaves...
„Simplicity is the ultimate sophistication.“ (S. Micali). I particularly enjoyed the central part on zero knowledge proofs which added value to previous Micali interviews. :-) Furthermore, I liked your well-informed, very appreciative and respectful interview style and how you let him freely develop his ideas, Ash. Micali is such an intelligent, honest, sympathetic and humorous person with such humbleness and at the same time big vision. Fingers crossed for Algorand, fellow long-term hodlers!
Agreed. Ash is a star.
Ash is a phenomenal interviewer. I throughly enjoyed this conversation. And learned a lot.
Algorand is here to stay. Most professional team in blockchain space, which in turn is translated in number of partnerships in just 2yrs of existence. To say that Silvio is an genius is an understatement.
You asked. We listened. Be on the lookout for FULL interviews dropping every FRIDAY. Sound off in the comments of who you would like to see next.
Enjoy the interview!
RV Crypto
Would absolutely love to see Vitalik.
Amazing presentation. Perfectly clear, transparent, and understandable! Thank you!! Now to buy Algo and Hodl.
Algorand is my absolute favorite. I truly believe in their future. Long term gem 💎!
Professor Micali's classes must have been wait-listed. What a clear and an interesting speaker!
For all you Visionaries asking for timestamps, please enjoy!
1:42 Journey Into Crypto
5:05 Algorand
15:11 Algorand Proof of Stake (POS)
23:28 Randomness
32:49 Engineering Risks
37:45 Zero Knowledge Proofs
57:38 How Zero Knowledge Proofs Are Being Used Today
1:04:13 The Auction Structure for Algorand
1:22:21 Evolvability
Amazing interview - so insightful on a level that someone with at a little bit of Algo knowledge can understand the logic behind the system. Incredibly enthusiastic about the future of Algorand with such a passionate and intelligent founder behind it. I'll be buying Algorand whenever I realistically can and keep adding to my position :)
Silvio, genio assoluto nel mondo. Una delle poche bandiere Italiane! Grandissimo!
[ENG] Silvio, an absolute genius around the world. One of the few Italian representatives! Magnificent!
Have no idea what this guy just said but I agree.
This is great. Wow super long interview!
ALGORAND IS THE WAY ✅🔱
Really enjoyed this interview! Thanks ash for really great questions and being so fluent! Always enjoy Silvio, the man is a genius!
This presentation was outstanding, educational, informative and timely. I would like to have seen more information on the tokenomics/ economic outlook for the value algo. Didn't get a clear picture of how the algo token would be valued in the future. Thank you for superior professional presentation!
🤝Thanks for watching,,,,,
send a direct msg📩right away
what'sapp✙❶❽❻❷❹❻❷❹❷❹❺
Ash looking like a prospective PhD student wondering how he got such a long answer to his question "What projects are you offering?". Love it.
Algorand is the way 🔝🍀
Amazing man
Great interview 👍🏼👍🏼
Who else fully gets the randomness explanation?😁 it was truly eye opening 🤪🤪
Looking forward to the 1st 1000 years, at the protocol AND network levels.🤯
After this interview I'm even more in love with Alrorand and so glad I bought into this project.
🤝Thanks for watching,,,,,
send a direct msg📩right away
what'sapp✙⓵⑥⓻⑧⓻①⑧⑧⓶⓹⓵
ALGO is too undervalued…watch it moon guys 🌝
Algorand 🌱💎
Awesome to see you guys have a new channel, you'll have a ton of subscribers in no time.
I am so glad resources like this exist for us crypto noobs 😂 Id be watching this any day over the basic “crypto to the moon” videos.
Fabulous 🤗👍. Very good questions and answers. Thank you for making a history!
how many times to watch this... many times probably
That was a fantastic interview! Very high quality content, congrats! I'd love to see you talk with Emin Gun Sirer, one of the founders of Avalanche. He seems like a great guy, and with Avalanche being one of most technologically advanced blockchains right now, it would be very interesting to have a comparison point between them and Algorand. I think the future is bright for both those projects and I'm always on the lookout for more quality information about them. Have an awesome summer!
#suggestion
Algorand🙌🙌🙌
Wow ALGORAND is a great investment long term
Silvio Micali, the ALGOD!
I'm genuinely confused how this doesn't have more views... Perhaps a few years from now
Please add timestamps
Enjoying this interview! Long ALGORAND!
The person who disliked bought in too late.
Must have come from the future, it‘s not yet too late...
So if I spend 1 hour flipping a coin 300 times the total number of different possible outcomes is more than the amount of anything to ever exist in the universe combined? And I created this much randomness with a single two sided coin and an hour of my time?....came here for the need to have my position in ALGO re-enforced not to have my mind blown. God damn Silvio
This is the guy who read the Hitchhiker's Guide to the Galaxy and decided to find the question to the answer.
This was great! So glad I fell upon this video. Wow
How do you feel about Silvios response to the question about errors and how to prevent bugs in their code base?
Luv it
How are my tokens that are nothing but a a record on a blockchain vote for the next block? I don't have any software installed??? What am I missing?
Cardano and Algorand
I'd watch far more of this with time stamps. And then I'd maybe even subscribe...
1:42 Journey Into Crypto
5:05 Algorand
15:11 Algorand Proof of Stake (POS)
23:28 Randomness
32:49 Engineering Risks
37:45 Zero Knowledge Proofs
57:38 How Zero Knowledge Proofs Are Being Used Today
1:04:13 The Auction Structure for Algorand
1:22:21 Evolvability
Enjoy!
@@RealVisionCrypto Hey thanks! Liked and subscribed
only one question as an algo fan. the number 10^-18 . How can that be true about big bang since one second didnt last the same as now . I think that this thing about the time from big bang is wrong
Relativity bro
In the next 7 / 8 years Algo 100$
You go I go let's go algo
Hey Ash, love these interviews. Please bring Dr Gavin Wood, the Co-founder of Ethereum and Founder of Polkadot on your show. He also invented the Solidity programming languagewhich is used to write Ethereum smart contracts. Thanks!
Run it back Silvy
Ppos is just brilliant ..how mr M expresses it is a real treat 🤟🤟🤟 random generator by clout with f.o.l...ish lol ..very cool
Algorand is the next Solana.
Send a direct msg right away on what'sapp!!!±➊❻❼❽❼➊❽❽❷❺➊
There's 476.19 ALGO per BTC, so if ALGO ever reached the market cap of btc, right know that ALGO is worth aroun 1$ it's the same as buying BTC for $476.... think about it.
The rest of Defi talkin shit! ALGO be like come at me bro! You gonna find out how hard dis pit bull bites!
Silvio describes just one type of delegated PoS algorithm in comparison to Algorand's PoS algorithm. There are delegated PoS algorithms with 1000 validators and more. In his interview with Lex Fridman he states that there are only 21 validators in a delegated PoS algorithm as well. Delegation is not intrinsically a bad thing, it can add a democratic component to PoS which can be pretty usefull.
I found it: Binance Smart Chain introduces a system of 21 validators with Proof of Staked Authority (PoSA). I think this is not the case for all proof of stake chains, especially not for the Cardano blockchain.
Why haven't I ever heard Andreas Antonopoulos talk about the math behind Algorand's tech? I wonder 🤔
ron fukin swanson - w/o a beard. great inteview though!
Hope the voters are anoymous too so they can't be punished ex post by Ethereum holderers
Send a direct msg right away on what'sapp!!!±➊❻❼❽❼➊❽❽❷❺➊
XRP has been proof stack from the start
Fomo 🤤
Algo has impressive tech and team but weak marketing and just about the worst tokenomics in the space with 10 BB total tokens and heavy dilution and selling pressure.
Let's address the marketing. Would you rather own part of a knife company with top-tier marketing, but when people actually went to use the product it sucks ass. Or a company with an amazing product that you only hear about because a trusted buddy tells you about it. Which strategy is build for long term success? Which one is like an infomercial?
The tokenomics will change in October with the new governance protocol.
@@docwillis1443 but for the better? If the holding rewards go away, that could create more selling pressure.
@@deepfriedbrains__437 it’s an interesting but flawed analogy. The value of these networks, almost all blockchains, lies in their network effect - their value and security grows exponentially with users. That’s part of the reason the top two block banks are still so disproportionately valuable. Conversely, without users all blockchains are worthless however elegant the code. So it’s important for people to find out about and use any crypto you want to be successful.
@@mfmf100 Sure, I hear you. Devs/users will have the final say with their adoption of networks. I have a nice piece of Aave from dec with that thinking 👍 Overall, I just think we're still in the very early days of adoption. 5-10 years will tell the tale of who got the layer 1 blockchain recipe tastiest for devs & users. Still more unknowns than knowns right now it seems to me, but research reveals tea leaves...