Friday Oct 27, 2023

#034 - Mohammad Sadoghi: Blockchain Technologies, Decentralization & How to Become an Extraordinary Human

In this episode, we speak with Mohammad, who shares his journey and experience in the field of blockchain technology. Mohammad starts by discussing his work in making analytics real-time and unifying transactional and analytical platforms. He then delves into his interest in blockchain and how he saw an opportunity to explore secure transactions within this context.

Mohammad highlights the differences between traditional relational databases and blockchain, explaining that while relational databases are managed by a single entity, blockchain allows multiple parties to maintain their own ledger and reach consensus on transaction validity. He explains the challenge of consensus in blockchain and how it is achieved through agreement protocols such as proof of work and proof of stake.

The conversation shifts to the topic of decentralization in blockchain, with Mohammad expressing concerns about the concentration of mining power in a few entities and the implications for decentralization. He explores the concept of collaborative mining as a solution to these issues, emphasizing the importance of following the protocol and penalizing malicious behavior. Mohammad also reflects on the philosophical aspect of decentralization and the potential impact of blockchain on society.

 

 

This presentation is a service of Discovering Academia, and all information presented is for commercial and informational purposes only.  Discovering Academia provides no assurances as to the accuracy or completeness of the information presented and possesses no actual knowledge of any topic presented. Any opinions expressed in this presentation are solely attributed to each individual asserting the same and do not reflect the opinion of Discovering Academia.

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