Ep. 352 - Deep Dive on IOTA, w/ founder Dom Schiener

In this episode of CRYPTO 101, brought to you by Gods Unchained, we sat down with Dominik Schiener from IOTA to talk about one of the most ambitious infrastructure projects going on in the world, the IOTA Tangle. If the Ethereum blockchain is like a coal power plant, the Tangle is a nuclear reactor core. Dominik gives us insights into the challenges of decentralizing something this unique and technically complex, as well as building out business development on the human side. We’re reminded that a project of such large scale can’t be compared to pretty much anything else in the crypto world, and will take a lot of time before it essentially acts as the underpinning to smart cities and smart roads of the future. One potential concern is something this amazing would be stolen or copied before it could really launch, but Dominik eased these concerns, and assured us the thousands of blockchain patents now held by Bank of America and Microsoft will not impede or impact what IOTA is building. Many people have heard about Direct Acyclic Graphs before in the blockchain industry, but the Tangle is a different variation of that, and we learn what those differences are in this episode. Listen in to see what all is being built on the Tangle and what household brands you know are already partnering with IOTA. Sponsored link: https://playgu.co/crypto101_3 Guest Links: https://www.iota.org/ https://twitter.com/DomSchiener Show Links: https://CRYPTO101podcast.com https://CRYPTO101insider.com Patreon: www.patreon.com/user?u=8429526 Twitter: https://twitter.com/Crypto101Pod https://twitter.com/BrycePaul101 https://twitter.com/PizzaMind https://instagram.com/crypto_101 Facebook: https://www.facebook.com/groups/101Crypto https://www.facebook.com/CRYPTO101Podcast **THIS IS NOT FINANCIAL OR LEGAL ADVICE** © Copyright 2020 Boardwalk Flock, LLC All Rights Reserved ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Fog by DIZARO https://soundcloud.com/dizarofr Creative Commons — Attribution-NoDerivs 3.0 Unported — CC BY-ND 3.0 Free Download / Stream: http://bit.ly/Fog-DIZARO Music promoted by Audio Library https://youtu.be/lAfbjt_rmE8 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Our Sponsors: * Check out MOD and use my code CRYPTO101 for a great deal: https://mod.com * Check out Quince and use my code CRYPTO101 for a great deal: https://www.quince.com * Check out ShipStation and use my code crypto for a great deal: https://www.shipstation.com * Check out Shopify and use my code shopify.com/crypto101 for a great deal: https://www.shopify.com * Check out TruDiagnostic and use my code CRYPTO101 for a great deal: https://www.trudiagnostic.com Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy