Charles Hoskinson: Cardano | Lex Fridman Podcast #192

ℹ️ EPISODE INFO

Released

June 16, 2021

Duration

4h 57m

Channel

Lex Fridman Podcast

Watch on YouTube

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📝 EPISODE DESCRIPTION

Charles Hoskinson is the founder of Cardano, co-founder of Ethereum, a mathematician, and a farmer. Please support this podcast by checking out our sponsors:

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EPISODE LINKS: Charles's Twitter: https://twitter.com/IOHK_Charles Charles's YouTube: https://www.youtube.com/user/charleshoskinson Cardano Website: https://cardano.org/ IOHK Website: https://iohk.io/ PODCAST INFO: Podcast website: https://lexfridman.com/podcast Apple Podcasts: https://apple.co/2lwqZIr Spotify: https://spoti.fi/2nEwCF8 RSS: https://lexfridman.com/feed/podcast/ Full episodes playlist: https://www.youtube.com/playlist?list=PLrAXtmErZgOdP_8GztsuKi9nrraNbKKp4 Clips playlist: https://www.youtube.com/playlist?list=PLrAXtmErZgOeciFP3CBCIEElOJeitOr41 OUTLINE: 0:00 - Introduction 2:09 - What programming language is the simulation written in? 7:14 - Favorite philosophers 16:15 - Theory vs engineering in cryptocurrency 27:24 - What programming languages should everyone learn 35:39 - Haskell and beyond 39:23 - Plutus: Cardano's smart contract platform based on Haskell 43:50 - What is a blockchain? 48:02 - Hybrid smart contracts 53:53 - Proof of work vs proof of stake 1:02:39 - Cardano's proof of stake consensus algorithm 1:13:11 - What is Cardano? 1:21:52 - Cardano vs Ethereum vs Bitcoin 1:31:47 - The problem with Bitcoin 1:41:21 - Bitcoin Conference 1:45:02 - Ergo and Alex Chepurnoy 1:52:12 - Cardano's Extended UTXO Model 1:59:25 - Chainlink and Oracle Networks 2:06:37 - Cardano and Wolfram Alpha 2:11:32 - The future of video games 2:20:07 - Smart contracts timeline for Cardano 2:27:37 - Decentralized exchanges 2:33:18 - Jack Dorsey and Bitcoin 2:39:30 - Elon Musk and Tesla: Cardano, Ethereum, Bitcoin 2:42:47 - Dogecoin and Elon Musk 2:54:08 - Hydra vs Lightning Network 3:01:42 - Non-Interactive Proofs of Proof-of-Work (NIPoPoWs) 3:05:36 - Cardano failure modes 3:13:57 - Cardano vs Polkadot 3:19:02 - Vitalik Buterin 3:27:13 - Corrupting nature of power 3:37:23 - Satoshi Nakamoto 3:43:34 - Cardano's vision for decentralized governance 3:56:28 - Cardano in Ethiopia 4:00:30 - El Salvador and Bitcoin 4:06:47 - Cryptocurrency will inject capitalism with long-term incentives 4:16:39 - Day in the life of Charles Hoskinson 4:23:56 - Mushrooms 4:30:04 - Joe Rogan 4:34:57 - Video games 4:47:11 - Advice for young people 4:50:20 - Meaning of life SOCIAL:

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🎤 SPEAKERS

• Lex Fridman

  host

• Charles Hoskinson

  guest

• Narrator

  other

🧾 EPISODE SUMMARY

In this episode of Lex Fridman Podcast, featuring Lex Fridman and Charles Hoskinson, Charles Hoskinson: Cardano | Lex Fridman Podcast #192 explores charles Hoskinson Envisions Cardano as Humanity’s Financial Operating System Charles Hoskinson and Lex Fridman range from philosophy of simulations and logic to the deep technical design of Cardano, contrasting it with Bitcoin and Ethereum. Hoskinson explains why Cardano uses formal methods, Haskell, and an extended UTXO model to prioritize correctness, security, and long‑term governance. They discuss consensus (proof‑of‑stake vs proof‑of‑work), scalability, oracles, identity, and Cardano’s real‑world efforts like Ethiopia’s student ID system as steps toward a global, open financial operating system. The conversation also explores human nature, power, governance, video games, mushrooms, and the meaning of life, framing crypto as a tool to reduce corruption and push economic power to the edges.

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