Recorded02-05-2021
-Duration55:48
-File Size49.7 MB
On the 29th episode of zemach fm we are continuing our previous discussion which was cryptocurrency. On this episode we dive deep in to some of the introduction sections we discussed last time. We dove deep into blockchain and proof of work, Alt coins, different types of wallets, things to look out for, and what the future of cryptocurrency might look like.
02:34 Episode title introduction
04:14 Deepdive in to blockchain technology
08:30 Why is blockchain required
08:45 The overall structure of blockchain
14:20 Why is proof of work required
15:20 What actually is a mining process
19:10 The other proofing way – proof of stake
21:45 What are cryptocurrency wallets
23:45 Public and private keys in wallets
25:10 Hot storage and cold storage
27:41 Seed phrases in cold storages
30:31 What are alt coins
32:00 How dogecoin came in to existence
35:00 Are alt coins really better than bit coin
37:00 What are stable coins
39:00 Things to look out for in the cryptocurrency world
40:16 What is a coin burn
45:35 What to expect in the future for cryptocurrencies
50:00 Some country policies on cryptocurrency
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