In this episode we sit down with Conflux’s Péter Garamvölgyi (core developer) and Zhe Tang (operations manager) to hear their thoughts on how to solve the scalability trilemma.
Developed by a group of computer scientists from the University of Toronto (one of show co-host David’s alma maters) and Tsinghua University in Beijing (also home to The Saito Social), the project has garnered attention thanks to the involvement of Dr Andrew Chi-Chih Yao — the only Chinese recipient of the Turing Award — as well as a $35 million funding round last year, which included backing from the likes of Sequoia China.
Join us as we dig into their proposal to combine a DAG data structure with Satoshi’s Proof of Work consensus algorithm as a way of delivering increased throughput — all while seeking to maintain the chain’s properties of security and decentralisation. As always: your co-hosts are Saito’s Richard Parris and David Lancashire. Feedback welcome via firstname.lastname@example.org