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CRYPTO 101

Ep. 599 Bridging Bitcoin and Blockchain Innovation with Babylon

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6821 Ratings

🗓️ 30 April 2024

⏱️ 50 minutes

🧾️ Download transcript

Summary

In this episode of Crypto 101 Bryce and Brendan explore the innovative intersections of Bitcoin and advanced blockchain technologies with Professor David Tse from Stanford University, who is leading the Babylon project. Professor David shares his transition from cellular communication research to blockchain technology, driven by the influential Bitcoin white paper. The discussion also dives into Babylon's goal to leverage Bitcoin's robust security attributes to bolster the Web3 space, making it more secure and efficient by integrating proof of stake mechanisms with Bitcoin’s infrastructure.


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Transcript

Click on a timestamp to play from that location

0:00.0

All right, everybody, welcome back.

0:12.0

We've got another awesome guest joining us here at the Crypto 101 podcast.

0:17.3

I'm your host, Bryce.

0:19.1

As always, joined by my buddy, my compadre, Mr. Brendan Vee. And Brendan,

0:24.7

how are you doing today? Hey, Bryce, I am doing great. At the time of recording this, we are just

0:31.5

days before the having. So it's only fitting that we talk a little bit more about Bitcoin and

0:37.4

everything that's happening in the ever expansive Bitcoin ecosystem.

0:41.4

So man, I am hyped up for today's episode.

0:44.6

Yeah.

0:45.2

It's funny, you know, Bitcoin is kind of taken a little bit of a backseat to some of the meme coin craziness, the alt coin, the defy stuff really popped up here in Q1. But as you mentioned,

0:56.6

the halving is this once every four years event that constricts the supply of future Bitcoin.

1:03.8

It's something that really drives a lot of the price action in crypto and people are really

1:08.7

excited about it. And so we wanted to dive deeper into not just Bitcoin, but what's being built on top of Bitcoin.

1:16.1

There's an explosion of new innovation, new technology.

1:20.5

It's kind of the, you know, the web 3.0 version that starts to meet Bitcoin because now

1:27.0

Bitcoin is, it's got a stable base layer,

1:29.8

but now it's starting to get programmability that's easy. Not easy. I'm not going to say that,

1:35.5

but more advanced, more flexible. So anyhow, we wanted to bring an expert on Bitcoin,

1:40.7

on programming on it. Professor David C.

1:44.7

Sorry, Professor David Say from Stanford University, who is building Babylon.

1:51.1

So, David, how are you doing today?

1:53.4

Very good.

...

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