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There’s a there’s a technical security parameter called the block size how the general public glommed onto this I do not know. But there’s there’s an obsessive group of people who think of this as some kind of artificial barrier to more transactions per second on Bitcoin.

Cryptocurrencies with Tim Ferriss, Nick Szabo and Naval Ravikant

The following is a transcript from Episode 244 of the Tim Ferriss Show: The Quiet Master of Cryptocurrency with supporting documents and diagrams added to improve the learning experience. It was created using our Podcast to Blog tool. The affiliate links were changed to Tim’s to support his content. Manual changes were made for clarity where multiple people were talking at the same time. Many niche words in the crypto realm weren’t transcribed correctly and had to be manually corrected.

Ethereum Market Cap as of June 6th, 2017| Source

Tim Ferriss boys and girls.

This is Tim Ferriss and welcome to another episode of the Tim Ferriss show where it is always my job to tease out the habits routines philosophies favorite books etc. from world class performers so that you can test each of those in your own life and guests range from say those in business sports military all the way to the esoteric and sometimes very unexpected. And this guest checks a lot of boxes. His name is Nick Szabo.

That’s S-Z-A-B-O. So many of you may not recognize his name but hopefully by the end you’ll want to know everything that he puts out and read every essay that he puts on the Internet. He is a polymath. The breadth and depth of his interests and knowledge are truly astounding and I mean jaw dropping. It’s just beyond belief what this guy can cover. He’s a computer scientist legal scholar and cryptographer best known for his pioneering research in digital contracts and cryptocurrency and I’ve long been fascinated by cryptocurrency but secretly not really understood anything about it or certainly the subtleties. And this episode is really a master class so we go from the very very basic all the way up to the cutting edge. And what the future holds.

Nick for instance developed the phrase and concept of smart contracts with the goal of bringing what he calls the highly evolved practice’s of co...

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