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#192 – Charles Hoskinson: Cardano

Lex Fridman Podcast

Conversations that explore technology, history, philosophy, physics, mathematics, biology, chemistry, engineering, AI, robotics, programming, music, film, art, sports, psychology, neuroscience, geopolitics, business, economics, religion, astronomy, and the human condition with people from all walks of life.

Charles Hoskinson is the founder of Cardano, co-founder of Ethereum, a mathematician, and a farmer. Please support this podcast by checking out our sponsors:
- Gala Games: https://gala.games/lex
- Allform: https://allform.com/lex to get 20% off
- Indeed: https://indeed.com/lex to get $75 credit
- ExpressVPN: https://expressvpn.com/lexpod and use code LexPod to get 3 months free
- Eight Sleep: https://www.eightsleep.com/lex and use code LEX to get special savings

EPISODE LINKS:
Charles's Twitter: https://twitter.com/IOHK_Charles
Charles's YouTube: https://www.youtube.com/user/charleshoskinson
Cardano Website: https://cardano.org/
IOHK Website: https://iohk.io/

PODCAST INFO:
Podcast website: https://lexfridman.com/podcast
Apple Podcasts: https://apple.co/2lwqZIr
Spotify: https://spoti.fi/2nEwCF8
RSS: https://lexfridman.com/feed/podcast/
YouTube Full Episodes: https://youtube.com/lexfridman
YouTube Clips: https://youtube.com/lexclips

SUPPORT & CONNECT:
- Check out the sponsors above, it's the best way to support this podcast
- Support on Patreon: https://www.patreon.com/lexfridman
- Twitter: https://twitter.com/lexfridman
- Instagram: https://www.instagram.com/lexfridman
- LinkedIn: https://www.linkedin.com/in/lexfridman
- Facebook: https://www.facebook.com/lexfridman
- Medium: https://medium.com/@lexfridman

OUTLINE:
Here's the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.
(00:00) - Introduction
(09:12) - What programming language is the simulation written in?
(14:17) - Favorite philosophers
(23:18) - Theory vs engineering in cryptocurrency
(34:27) - What programming languages should everyone learn
(42:42) - Haskell and beyond
(46:26) - Plutus: Cardano's smart contract platform based on Haskell
(50:53) - What is a blockchain?
(55:05) - Hybrid smart contracts
(1:00:55) - Proof of work vs proof of stake
(1:09:42) - Cardano's proof of stake consensus algorithm
(1:20:14) - What is Cardano?
(1:28:55) - Cardano vs Ethereum vs Bitcoin
(1:38:50) - The problem with Bitcoin
(1:48:24) - Bitcoin Conference
(1:52:05) - Ergo and Alex Chepurnoy
(1:59:15) - Cardano's Extended UTXO Model
(2:06:27) - Chainlink and Oracle Networks
(2:13:40) - Cardano and Wolfram Alpha
(2:18:35) - The future of video games
(2:27:10) - Smart contracts timeline for Cardano
(2:34:40) - Decentralized exchanges
(2:40:21) - Jack Dorsey and Bitcoin
(2:46:33) - Elon Musk and Tesla: Cardano, Ethereum, Bitcoin
(2:49:50) - Dogecoin and Elon Musk
(3:01:11) - Hydra vs Lightning Network
(3:08:45) - Non-Interactive Proofs of Proof-of-Work (NIPoPoWs)
(3:12:39) - Cardano failure modes
(3:21:00) - Cardano vs Polkadot
(3:26:05) - Vitalik Buterin
(3:34:16) - Corrupting nature of power
(3:44:26) - Satoshi Nakamoto
(3:50:37) - Cardano's vision for decentralized governance
(4:03:31) - Cardano in Ethiopia
(4:07:33) - El Salvador and Bitcoin
(4:13:50) - Cryptocurrency will inject capitalism with long-term incentives
(4:23:42) - Day in the life of Charles Hoskinson
(4:30:59) - Mushrooms
(4:37:07) - Joe Rogan
(4:42:00) - Video games
(4:54:14) - Advice for young people
(4:57:23) - Meaning of life

Charles Hoskinson is the founder of Cardano, co-founder of Ethereum, a mathematician, and a farmer. Please support this podcast by checking out our sponsors: 
– Gala Games: <a href="https://gala.games/lex">https://gala.games/lex</a> 
– Allform 
– Indeed: <a href="https://indeed.com/lex">https://indeed.com/lex</a> to get $75 credit 
– ExpressVPN: <a href="https://expressvpn.com/lexpod">https://expressvpn.com/lexpod</a> and use code LexPod to get 3 months free 
– Eight Sleep: <a href="https://www.eightsleep.com/lex">https://www.eightsleep.com/lex</a> and use code LEX to get special savings
EPISODE LINKS: 
Charles’s Twitter: <a href="https://twitter.com/IOHK_Charles">https://twitter.com/IOHK_Charles</a> 
Charles’s YouTube: <a href="https://www.youtube.com/user/charleshoskinson">https://www.youtube.com/user/charleshoskinson</a> 
Cardano Website: <a href="https://cardano.org/">https://cardano.org/</a> 
IOHK Website: <a href="https://iohk.io/">https://iohk.io/</a>
PODCAST INFO: 
Podcast website: <a href="https://lexfridman.com/podcast">https://lexfridman.com/podcast</a> 
Apple Podcasts: <a href="https://apple.co/2lwqZIr">https://apple.co/2lwqZIr</a> 
Spotify: <a href="https://open.spotify.com/show/2MAi0BvDc6GTFvKFPXnkCL">https://open.spotify.com/show/2MAi0BvDc6GTFvKFPXnkCL</a> 
RSS: <a href="https://lexfridman.com/feed/podcast/">https://lexfridman.com/feed/podcast/</a> 
YouTube Full Episodes: <a href="https://youtube.com/lexfridman">https://youtube.com/lexfridman</a> 
YouTube Clips: <a href="https://youtube.com/lexclips">https://youtube.com/lexclips</a>
SUPPORT & CONNECT: 
– Check out the sponsors above, it’s the best way to support this podcast 
– Support on Patreon: <a href="https://www.patreon.com/lexfridman">https://www.patreon.com/lexfridman</a> 
– Twitter: <a href="https://twitter.com/lexfridman">https://twitter.com/lexfridman</a> 
– Instagram: <a href="https://www.instagram.com/lexfridman">https://www.instagram.com/lexfridman</a> 
– LinkedIn: <a href="https://www.linkedin.com/in/lexfridman">https://www.linkedin.com/in/lexfridman</a> 
– Facebook: <a href="https://www.facebook.com/lexfridman">https://www.facebook.com/lexfridman</a> 
– Medium: <a href="https://medium.com/@lexfridman">https://medium.com/@lexfridman</a>
OUTLINE: 
Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time. 
(00:00) – Introduction 
(09:12) – What programming language is the simulation written in? 
(14:17) – Favorite philosophers 
(23:18) – Theory vs engineering in cryptocurrency 
(34:27) – What programming languages should everyone learn 
(42:42) – Haskell and beyond 
(46:26) – Plutus: Cardano’s smart contract platform based on Haskell 
(50:53) – What is a blockchain? 
(55:05) – Hybrid smart contracts 
(1:00:55) – Proof of work vs proof of stake 
(1:09:42) – Cardano’s proof of stake consensus algorithm 
(1:20:14) – What is Cardano? 
(1:28:55) – Cardano vs Ethereum vs Bitcoin 
(1:38:50) – The problem with Bitcoin 
(1:48:24) – Bitcoin Conference 
(1:52:05) – Ergo and Alex Chepurnoy 
(1:59:15) – Cardano’s Extended UTXO Model 
(2:06:27) – Chainlink and Oracle Networks 
(2:13:40) – Cardano and Wolfram Alpha 
(2:18:35) – The future of video games 
(2:27:10) – Smart contracts timeline for Cardano 
(2:34:40) – Decentralized exchanges 
(2:40:21) – Jack Dorsey and Bitcoin 
(2:46:33) – Elon Musk and Tesla: Cardano, Ethereum, Bitcoin 
(2:49:50) – Dogecoin and Elon Musk 
(3:01:11) – Hydra vs Lightning Network 
(3:08:45) – Non-Interactive Proofs of Proof-of-Work (NIPoPoWs) 
(3:12:39) – Cardano failure modes 
(3:21:00) – Cardano vs Polkadot 
(3:26:05) – Vitalik Buterin 
(3:34:16) – Corrupting nature of power 
(3:44:26) – Satoshi Nakamoto 
(3:50:37) – Cardano’s vision for decentralized governance 
(4:03:31) – Cardano in Ethiopia 
(4:07:33) – El Salvador and Bitcoin 
(4:13:50) – Cryptocurrency will inject capitalism with long-term incentives 
(4:23:42) – Day in the life of Charles Hoskinson 
(4:30:59) – Mushrooms 
(4:37:07) – Joe Rogan 
(4:42:00) – Video games 
(4:54:14) – Advice for young people 
(4:57:23) – Meaning of life

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#192 – Charles Hoskinson: Cardano

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