Description

Today’s guest is David Packham, co-founder of EOS42, a block producer candidate based in London. He and his team are currently building an EOS delegation market to facilitate EOS-based token leasing in hopes of building trust and earning the votes required to become an EOS block producer. If you aren’t sure what that means, this episode is for you.

EOS is a “generation 3 blockchain” which is set to launch in early June 2018. It’s creator, Dan Larimer (@bytemaster7), has previously built two other successful blockchain projects, Bitshares and Steem, both which use the Delegated Proof of Stake blockchain technology.

If you are unfamiliar with EOS, here’s a fairly good article detailing various aspects of it blockonomi.com/eos-guide/ and here are the EOS.IO FAQ’s eos.io/faq.html.

I also recommend checking out EOS Go for the latest news and telegram summaries from the various EOS groups online: busy.org/@eosgo

Much of this discussion focuses on many aspects of EOS as a token, a blockchain and a community. From how inflation is used, to the resource mechanics of the EOS token, a little EOS vs ETH and detailing the unique governance system in place to help settle disputes rather than relying on hard forks.

Although we get a bit technical and philosophical at times, I believe this conversation will appeal to both the casual and advanced crypto listener.

David and I chat briefly about his background in finance to how he found cryptocurrencies and why he’s dedicating his time to the EOS community and hopefully become a block producer. If you don’t know what a block producer is, don’t worry and tune in.

We wrap up by discussing the Chintai, the EOS42 Teams token delegation project which allows for dApp teams to essential lease tokens to gain access to the EOS resource pool (bandwidth and storage) so that they can satisfy the requirements of their applications. Leasing would be done in lieu of actually purchasing the EOS tokens. Why would this market exist and what are the incentives? We discuss and answer these questions and much more.

In Liberty,
Ashe

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Meet the hosts

Ashe Whitener is the founder and host of the Liberty Entrepreneurs Podcast which aims to provide an alternative perspective to achieving individual freedom through the creative, entrepreneurial process rather than through the tried and failed process of politics. Ashe has two BS degrees in Engineering and is also an original member of Peter Schiff’s Euro Pacific Bank where he is currently the Head of Business Development. Much of Ashe’s experience has come during his time living in Panama and he continues to consult global teams on various projects including tech startups and offshore asset protection.

discussions

  • [ lifted from their website. ]   When We Started Eris Industries, We Asked Two Questions 1) Is it possible to build applications which have the benefits of interconnectedness, but without servers? It is. Distributed applications can perform the same functions of modern web applications by enlisting users to participate in the management and security of these applications’ data. 2) Is it possible to create data-driven interactions which are both autonomous and legally compliant? It is. Data-driven interactions are not exempt from legal norms and procedures, and platforms capable of operating within existing legal frameworks will be profoundly useful to businesses and individuals alike. With Eris Industries’ open-source Distributed Application Software Stack, developers can rapidly design, test, and deploy distributed applications which are as flexible, user-friendly, and legally compliant as they are secure. Think of us as the node.js of peer-to-peer technology. What will you build on the Eris Stack?

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  • Dogecoin is an excellent coin to use for micro transactions and is commonly used for tipping on articles. The coin is a sort of self-proclaimed “joke coin” which has gained a lot of popularity. This video is a good indicator of the lighthearted nature of the community as a whole. For more information on Dogecoin, including a look at the history of the coin, the team and how to purchase, see: “What is Dogecoin“. News Source: TheCoinRepublic

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  • KuCoin Shares is a coin issued by the cryptocurrency exchange platform, Kucoin. Similar to Binance Coins, users of Kucoin will be able to pay for the platform’s exchange fees at a discounted rate. In addition to discounted transaction fees, holders of KCS will be awarded a Kucoin bonus. As detailed in Kucoin’s whitepaper, the amount of Kucoin bonus paid out to coin holders will be equal to half of the total fees charged by the Kucoin exchange. News Source: TheCoinRepublic

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  • Silsal, as the venture is titled, utilizes an electronic blockchain record framework to give full load perceivability and streamline exchange streams and supply chains. Whenever tried effectively, the Silsal blockchain task hopes to mechanize the trade, ID, and affirmation of load reports between Abu Dhabi ports and Belgium’s Port of Antwerp. Every partner demonstrations like a hub of a blockchain organize who gets the chance to get to and recognize the ongoing store network of the transported things. Abu Dhabi Ports has collaborated with its Belgian partner to start a blockchain-fueled production network pilot venture. News Source: TheCoinRepublic

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  • VeChain has been in Headlines these days, sometimes due to its price predictions and sometimes due to its major partnerships associated with Big names, continuing the legacy, The VeChain project has now announced that Deloitte will join its network to develop its own blockchain solution in the VeChainThor network. The leading audit company has announced its migration from the Ethereum network. Deloitte-VeChain Partnership During the VeChain Summit 2019 in San Francisco, the news about VeChain-Deloitte comes into the light through a Tweet, The summit was organized for widespread adoption of VeChain, where they further explained how VeChainThor could be used for a variety of innovative future applications and solutions, such as ToolChain, which VeChain says allows companies to launch solutions in under 30 minutes. Antonio Senatore, CTO of Blockchain Global, Deloitte Board Member, will also join VeChain’s Advisory Board. Deloitte is one of the “Big Four” professional services firms and other Big Four members, Pricewaterhouse Coopers, is also working with VeChain to find blockchain solutions. Deloitte is the largest of these four groups and all members — Ernst and Young and KPMG being the other two — are currently exploring the possibility of implementing blockchain technology. BMW-VeChain Partnership The leading German automaker made the announcement during VeChain Summit 2019 and said VerifyCar will publish every interaction with a car in VeChainThor’s public ledger. The application will help you deal with odometer fraud, which is a big problem in the automotive industry. According to a company official, almost a third of the vehicles sold in Germany have been manipulated with their odometer and as the value of a used car depends on the number of kilometers traveled, the resulting effect is an economic fraud of approximately $ 3,400 per vehicle. VerifyCar is a digital passport that will allow customers to verify the car’s odometer and maintenance history. BMW has introduced a mileage verification tool based on the VeChain blockchain called VerifyCar. The tool will be used to allow buyers to verify the actual history of a car. VeChain’s Significant Progress in 2019 The VeChain project made significant progress in 2019, forging numerous partnerships and revealing attractive solutions for companies like ToolChain, and also integrating its NFC chips into Adidas’ official sneakers for the new Game of Thrones season. Getting Deloitte, which generated revenue of about $ 43 billion in 2018, works with VeChainThor is no small feat either, and offers some validation of the potential of the project. VeChain Thor Price Prediction BMW generated 97 billion euros in revenue and Deloitte generated revenues of more than $ 43 billion last year. Having these big players in VeChain Network will serve as a beacon for more companies to explore the blockchain of VeChain Thor. This would lead to an increase in adoption of VeChain’s blockchain and possibly a long-term forecast of VeChain Thor’s price forecast. Right now, VeChain is trading at $ 0.007006. It increased by 1.10% against the US dollar and by 3.87% compared to the price of the BTC. The volume of transactions over a 24-hour period is $ 388,538,192 and the market capitalization is $ 16,885,075. With more news from VeChain like this, the VET token could reach the $ 45 level, as predicted by smartereum.

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