Crypto Altruism Podcast Episode 142 - Cardano - Reimagining power in a new age of globally-distributed innovation
In episode 142, we’re excited to welcome Frederik Gregaard, CEO of Cardano Foundation, a not-for-profit organization dedicated to advancing the public digital infrastructure Cardano and working to anchor it as a utility for financial and social systems, thus empowering the digital architects of the future. We discuss how blockchain is key in reimagining traditional power structures, how Web3 can usher in a new era of radical transparency, some of the most exciting social impact applications on Cardano, a deep dive into the foundational elements of Cardano, and much more.
Three Key Takeaways
“Cardano is not just a technology, it’s a combination of technology and people.” A big focus of the Cardano Foundation has been on providing education to community members and supporting builders with resources and funding. The result has been the development of a strong global community dedicated to maintaining and growing the network.
When it comes to proof of stake, there are many ways to express proof of stake. In the case of Cardano and the Ouroboros protocol, it takes a positive incentivization approach to maintaining the network that rewards individuals for positively contribute to the ecosystem, giving them greater power in maintaining the network. Furthermore, there is a focus on reducing barriers to participation, making it easy for anyone to stake their ADA, no matter how much they have.
When it comes to building more accountable power structures, it is important to build them on transparent, traceable, and immutable infrastructure. By enabling a new era of radical transparency with blockchain, it will make it harder for bad actors to engage in negative behaviors.
Follow Frederik and Cardano Foundation
2023 Cardano Foundation Activity Report
Episode Time Stamps
02:05 - What was your “Ah hah” moment that got you excited about cryptocurrency and Web3?
03:25 - What’s your story? Tell me about your Journey to becoming the CEO of Cardano Foundation.
07:20 - I want to start the conversation off with a quote from the Cardano website – “Cardano is a blockchain platform for changemakers, innovators, and visionaries, with the tools and technologies required to create possibility for the many, as well as the few, and bring about positive global change.” What makes Cardano such a transformative technology to bring about positive global change?
17:00 - Can you tell me more about the first principles of Cardano established by Charles Hoskinson?
24:50 - I’d love to chat about Ouroboros, the protocol behind Cardano. Can you give an “explain-it-like-I’m-5” of what Ouroboros is?
36:40 - I’ve always been inspired by the potential of blockchain to disrupt traditional power-structures and build a more equitable world. What are your thoughts on this?
44:50 - What do you believe to be the most profound social impact use cases of Cardano?
50:50 - What’s the best way for individuals, builders, and crypto enthusiasts to learn more about Cardano?
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DISCLAIMER
While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More available HERE.
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