Stefan Thomas: Understanding Ripple

Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

Aug 17, 2015•1 hr 5 min•Ep. 92

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Episode description

In a long-overdue episode, we finally had the chance to dive into one of the most known but poorly understood cryptocurrency/blockchain project: Ripple. Reviled by many in the Bitcoin space, we put aside any prejudices and sat down for a fascinating conversation with Ripple Labs CTO Stefan Thomas.

We talked about his early days in the Bitcoin space, how Ripple came about, what the Ripple network looks like today and how its consensus protocol works.

Topics covered in this episode:

‘ early experiences in the Bitcoin space
How Ripple was created
The problem Ripple is trying to solve
How the Ripple consensus algorithm works
Whether Ripple is decentralized or not
What the correspondent banking system is and how Ripple wants to disrupt it
The recent FinCen fine and what it means for Ripple

Episode links:

This episode is hosted by Brian Fabian Crain and Sébastien Couture. Show notes and listening options: epicenter.tv/092

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