Making Markets
Keone Hon - How Blockchains Work: Bitcoin, Ethereum, Solana - [Web3 Breakdowns, EP.63]
This is Eric Golden and today we’re going to break d...
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Mar 24 2023 1h
Chapter 1 8 mins
(First question) An analogy to explain how crypto and blockchain workChapter 2 5 mins
Scenarios to further explore his schoolyard analogy for BitcoinChapter 3 6 mins
The reality of the math and power balance surrounding blockchain technologyChapter 4 1 min
Expanding the analogy to explain EthereumChapter 5 3 mins
The broad impact of Ethereum on smart contracting and proof of stakingChapter 6 2 mins
Major differences between proof-of-work versus proof-of-stake modelsChapter 7 3 mins
Comparing Solana’s stateless design to the older chainsChapter 8 1 min
The added privacy and speed advantages enabled by SolanaChapter 9 2 mins
The real security and risk profiles of these major chainsChapter 10 2 mins
Explaining Solana’s parallel transactionsChapter 11 1 min
Why the creation of new chains and further chain optimization still mattersChapter 12 2 mins
Why he got interested in the problem of chain efficiency and accessibilityChapter 13 3 mins
How crypto tech continues to build upon itself and expand to new use casesChapter 14 1 min
How Monad is building their blockchain to solve inefficiencies in crypto marketsChapter 15 2 mins
How he thinks about competition given the open-source nature of the spaceChapter 16 3 mins
The process of actually building and testing a new chainChapter 17 1 min
What motivates him to continue buildingChapter 18 1 min
Diffusing a new blockchain innovation to users and codersChapter 19 2 mins
What he’s most excited to see built over the next six months and six years