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_Charles Charles's YouTube: https://www.youtube.com/user/charleshoskinson Cardano Website: https://cardano.org/ IOHK Website: https://iohk.io/ PODCAST INFO: Podcast website: https://lexfridman.com/podcast Apple Podcasts: https://apple.co/2lwqZIr Spotify: https://spoti.fi/2nEwCF8 RSS: https://lexfridman.com/feed/podcast/ Full episodes playlist: https://www.youtube.com/playlist?list=PLrAXtmErZgOdP_8GztsuKi9nrraNbKKp4 Clips playlist: https://www.youtube.com/playlist?list=PLrAXtmErZgOeciFP3CBCIEElOJeitOr41 OUTLINE: 0:00 - Introduction 2:09 - What programming language is the simulation written in? 7:14 - Favorite philosophers 16:15 - Theory vs engineering in cryptocurrency 27:24 - What programming languages should everyone learn 35:39 - Haskell and beyond 39:23 - Plutus: Cardano's smart contract platform based on Haskell 43:50 - What is a blockchain? 48:02 - Hybrid smart contracts 53:53 - Proof of work vs proof of stake 1:02:39 - Cardano's proof of stake consensus algorithm 1:13:11 - What is Cardano? 1:21:52 - Cardano vs Ethereum vs Bitcoin 1:31:47 - The problem with Bitcoin 1:41:21 - Bitcoin Conference 1:45:02 - Ergo and Alex Chepurnoy 1:52:12 - Cardano's Extended UTXO Model 1:59:25 - Chainlink and Oracle Networks 2:06:37 - Cardano and Wolfram Alpha 2:11:32 - The future of video games 2:20:07 - Smart contracts timeline for Cardano 2:27:37 - Decentralized exchanges 2:33:18 - Jack Dorsey and Bitcoin 2:39:30 - Elon Musk and Tesla: Cardano, Ethereum, Bitcoin 2:42:47 - Dogecoin and Elon Musk 2:54:08 - Hydra vs Lightning Network 3:01:42 - Non-Interactive Proofs of Proof-of-Work (NIPoPoWs) 3:05:36 - Cardano failure modes 3:13:57 - Cardano vs Polkadot 3:19:02 - Vitalik Buterin 3:27:13 - Corrupting nature of power 3:37:23 - Satoshi Nakamoto 3:43:34 - Cardano's vision for decentralized governance 3:56:28 - Cardano in Ethiopia 4:00:30 - El Salvador and Bitcoin 4:06:47 - Cryptocurrency will inject capitalism with long-term incentives 4:16:39 - Day in the life of Charles Hoskinson 4:23:56 - Mushrooms 4:30:04 - Joe Rogan 4:34:57 - Video games 4:47:11 - Advice for young people 4:50:20 - Meaning of life SOCIAL: - Twitter: https://twitter.com/lexfridman - LinkedIn: https://www.linkedin.com/in/lexfridman - Facebook: https://www.facebook.com/lexfridman - Instagram: https://www.instagram.com/lexfridman - Medium: https://medium.com/@lexfridman - Reddit: https://reddit.com/r/lexfridman - Support on Patreon: https://www.patreon.com/lexfridman