Episode #8: Patrick Dai (QTUM)
Patrick Dai is the founder and CEO of the Qtum Foundation, a blockchain stack for building decentralized mobile and IoT applications. While he first fell in love with cryptocurrency by becoming one of China’s biggest Bitcoin miners, he’s since moved on to other things. In this interview, Patrick and Elaine talk about how Qtum aims to improve upon Bitcoin’s technology, how people are dealing with the Chinese government’s negative stance on cryptocurrency, and why he thinks private blockchains are counterintuitive.
List of Topics Covered in This Episode:
00:00 — Introduction to Patrick Dai
01:30 — Patrick’s discovery of cryptocurrency
03:24 — Qtum building upon Bitcoin and Ethereum
04:19 — The Qtum ecosystem
04:57 — The X86 Virtual Machine
05:32 — Chinese cryptocurrency market, regulation
06:55 — Tackling fraud while supporting technological advancement
08:00 — The “correct” way to regulate cryptocurrency and blockchain
08:50 — Big companies utilizing blockchain technology
11:09 — Plans for Qtum over the next year
12:17 — Closing thoughts
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