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:- Gala Games: https://gala.games/lex- Allform: https://allform.com/lex to get 20% off- Indeed: https://indeed.com/lex to get $75 credit- ExpressVPN: https://expressvpn.com/lexpod and use code LexPod to get 3 months free- Eight Sleep: https://www.eightsleep.com/lex and use code LEX to get special savings

EPISODE LINKS:Charles's Twitter: https://twitter.com/IOHK_CharlesCharles's YouTube: https://www.youtube.com/user/charleshoskinsonCardano Website: https://cardano.org/IOHK Website: https://iohk.io/

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OUTLINE:Here's the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.(00:00) - Introduction(09:12) - What programming language is the simulation written in?(14:17) - Favorite philosophers(23:18) - Theory vs engineering in cryptocurrency(34:27) - What programming languages should everyone learn(42:42) - Haskell and beyond(46:26) - Plutus: Cardano's smart contract platform based on Haskell(50:53) - What is a blockchain?(55:05) - Hybrid smart contracts(1:00:55) - Proof of work vs proof of stake(1:09:42) - Cardano's proof of stake consensus algorithm(1:20:14) - What is Cardano?(1:28:55) - Cardano vs Ethereum vs Bitcoin(1:38:50) - The problem with Bitcoin(1:48:24) - Bitcoin Conference(1:52:05) - Ergo and Alex Chepurnoy(1:59:15) - Cardano's Extended UTXO Model(2:06:27) - Chainlink and Oracle Networks(2:13:40) - Cardano and Wolfram Alpha(2:18:35) - The future of video games(2:27:10) - Smart contracts timeline for Cardano(2:34:40) - Decentralized exchanges(2:40:21) - Jack Dorsey and Bitcoin(2:46:33) - Elon Musk and Tesla: Cardano, Ethereum, Bitcoin(2:49:50) - Dogecoin and Elon Musk(3:01:11) - Hydra vs Lightning Network(3:08:45) - Non-Interactive Proofs of Proof-of-Work (NIPoPoWs)(3:12:39) - Cardano failure modes(3:21:00) - Cardano vs Polkadot(3:26:05) - Vitalik Buterin(3:34:16) - Corrupting nature of power(3:44:26) - Satoshi Nakamoto(3:50:37) - Cardano's vision for decentralized governance(4:03:31) - Cardano in Ethiopia(4:07:33) - El Salvador and Bitcoin(4:13:50) - Cryptocurrency will inject capitalism with long-term incentives(4:23:42) - Day in the life of Charles Hoskinson(4:30:59) - Mushrooms(4:37:07) - Joe Rogan(4:42:00) - Video games(4:54:14) - Advice for young people(4:57:23) - Meaning of life