Ep. 362 - Privacy vs. Transparency in Cryptocurrency Smart Contracts w/ Oasis Protocol

In this episode of CRYPTO 101, we talk with Luca Cosentino from Oasis Protocol about smart contracts. Smart contracts power the DeFi ecosystem on the backend. Even if Uniswap or other DEX front-ends were to be seized or shut down, the trading would still continue and new interfaces would pop up somewhere else the very next day (or sooner). Oasis offers private smart contracts, a potentially revolutionary step forward in security. Crypto has two major conflicting ideologies, transparency vs privacy. Each use case seems to have a good argument for either, or sometimes both. Luca shares his thoughts on the advantages of private smart contracts, as well as the full-featured open finance ecosystem being built at Oasis. The hot topic of the day is, can Ethereum scale, and when? We get some insight from someone knowledgeable in the field. We also learned about a novel concept called Tokenized Data, and what may allow users to sell their data that they currently (and often unknowingly) give away for free today. Guest Links: https://oasisprotocol.org/ Show Links: https://CRYPTO101podcast.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 2021 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 Mars Men: https://mengotomars.com * Check out Peace Corps: https://peacecorps.gov/serve * Check out Quince: https://quince.com/crypto101 * Check out Shopify: https://shopify.com/crypto101 Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy