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We’re joined by Jeff Garzik, who was among the very first developers to work with Satoshi in the early days of Bitcoin. Later, he was a core developer at Bitpay and even tried to put a Bitcoin node on a satellite in space. Today, he is co-founder at Bloq, a company providing enterprise-grade blockchain infrastructure. Bloq recently announced a new project called Metronome that challenges some of the design and governance principles of many public blockchain networks.
Metronome is cryptocurrency that sits on top of existing blockchains and aims to allow tokens to easily move from one network to the other. A series of standard blockchain contracts allow for daily descending price auctions to occur automatically, and for users to buy and sell the tokens using a Bancor-like system with built-in liquidity.
Topics covered in this episode:
Jeff’s background as a web developer at CNN and as a Linux developerHis early days in Bitcoin working with SatoshiHis thoughts on Bitcoin governance and lessons learned from the Segwit2X episodeThe lessons learned from founding BloqWhat is Metronome and what problem does it aim to solveMetronome’s self-governance and how the system is meant to evolveThe different smart contracts which make up MetronomeHow Metronome allows MTN tokens to move to different blockchainsThe economics of the protocol and the descending price auction systemThe upcoming Metronome token sale and development roadmap Episode links:
Metronome: The Built-to-Last Cryptocurrency Metronome Owner's Manual Metronome FAQ Metronome Git Repo DSS - Dunvegan Space Systems, Inc The Long Now Foundation Bloq This episode was hosted by Brian Fabian Crain & Sébastien Couture, and is availble on YouTube, SoundCloud, and our website.