Ethereum is probably one of my all-time favorite projects and an absolute trailblazer in the blockchain space. Getting the scoop from someone who was there at the start is pretty awesome.
That's exactly what we got by sitting down with Christoph Jentzsch, a key player in Ethereum's early days.
The Early Days of Ethereum - How it started
Christoph stumbled onto the early blockchain scene while hunting for cheap GPUs for his PhD, which led him to Bitcoin. Christoph worked alongside Gavin Wood and Vitalik Buterin as lead tester during the early days of Ethereum and wrote thousands of unit tests to ensure the stability of Ethereum clients.
They weren't looking to beat Bitcoin at its own game. Instead, they wanted to see what else blockchain could do—like running apps and contracts on it, not just coins.
Building Ethereum was like assembling a plane mid-flight. The team was figuring it out as they went along, driven by the dream of a platform where anyone could build their own decentralized apps.
The whitepaper, written by Vitalik Buterin, was eventually turned into a Yellow Paper by Gavin Wood. That is to say - a technical spec sheet that one can take a write a client for.
Etherum was "launched" by hundreds of people starting a client at the same time, and inputting a certain value into the console.
The Original DAO
Then came The DAO, a kind of radical, leaderless venture capital fund built on Ethereum. It was Christoph's baby, and it started with a bang, pulling in a massive amount of money.
But then, a hacker found a loophole, leading to one of the most infamous hack in crypto history. The community faced a tough choice: let the hacker win or hit the reset button with a hard fork. They chose the latter, causing a split in the Ethereum world but saving the project from disaster.
Asset Tokenization
The DAO was a lesson in the highs and lows of pushing tech boundaries. It showed the potential of decentralized business but also the need for a balance with real-world rules. That's what Christoph is tackling now with Tokenize.it, making it easier for companies to manage ownership and investments without getting tangled in red tape.
With Tokenize.it, Christoph is all about bringing the spirit of The DAO into the legal daylight, making it super easy for companies to go digital with their shares. It's a bit like having the best of both worlds: the flexibility of blockchain and the security of following the rules. He's starting in Germany but has his sights set on changing how business is done everywhere.
This podcast is fueled by Aesir, an Algorithmic cryptocurrency Trading Platform that I helped develop over the last 2 years that offers a unique set of features.
Ethereum is probably one of my all-time favorite projects and an absolute trailblazer in the blockchain space. Getting the scoop from someone who was there at the start is pretty awesome.
That's exactly what we got by sitting down with Christoph Jentzsch, a key player in Ethereum's early days.
The Early Days of Ethereum - How it started
Christoph stumbled onto the early blockchain scene while hunting for cheap GPUs for his PhD, which led him to Bitcoin. Christoph worked alongside Gavin Wood and Vitalik Buterin as lead tester during the early days of Ethereum and wrote thousands of unit tests to ensure the stability of Ethereum clients.
They weren't looking to beat Bitcoin at its own game. Instead, they wanted to see what else blockchain could do—like running apps and contracts on it, not just coins.
Building Ethereum was like assembling a plane mid-flight. The team was figuring it out as they went along, driven by the dream of a platform where anyone could build their own decentralized apps.
The whitepaper, written by Vitalik Buterin, was eventually turned into a Yellow Paper by Gavin Wood. That is to say - a technical spec sheet that one can take a write a client for.
Etherum was "launched" by hundreds of people starting a client at the same time, and inputting a certain value into the console.
The Original DAO
Then came The DAO, a kind of radical, leaderless venture capital fund built on Ethereum. It was Christoph's baby, and it started with a bang, pulling in a massive amount of money.
But then, a hacker found a loophole, leading to one of the most infamous hack in crypto history. The community faced a tough choice: let the hacker win or hit the reset button with a hard fork. They chose the latter, causing a split in the Ethereum world but saving the project from disaster.
Asset Tokenization
The DAO was a lesson in the highs and lows of pushing tech boundaries. It showed the potential of decentralized business but also the need for a balance with real-world rules. That's what Christoph is tackling now with Tokenize.it, making it easier for companies to manage ownership and investments without getting tangled in red tape.
With Tokenize.it, Christoph is all about bringing the spirit of The DAO into the legal daylight, making it super easy for companies to go digital with their shares. It's a bit like having the best of both worlds: the flexibility of blockchain and the security of following the rules. He's starting in Germany but has his sights set on changing how business is done everywhere.
This podcast is fueled by Aesir, an Algorithmic cryptocurrency Trading Platform that I helped develop over the last 2 years that offers a unique set of features.
