Episode 142 - Cardano - Reimagining power in a new age of globally-distributed innovation

Crypto Altruists: Real-World Stories of Social & Environmental Impact with Web3

In episode 142, we’re excited to welcome Frederik Gregaard, CEO of Cardano Foundation, a not-for-profit organization dedicated to advancing the public digital infrastructure Cardano and working to anchor it as a utility for financial and social systems, thus empowering the digital architects of the future. We discuss how blockchain is key in reimagining traditional power structures, how Web3 can usher in a new era of radical transparency, some of the most exciting social impact applications on Cardano, a deep dive into the foundational elements of Cardano, and much more.

--Three Key Takeaways--

• “Cardano is not just a technology, it’s a combination of technology and people." A big focus of the Cardano Foundation has been on providing education to community members and supporting builders with resources and funding. The result has been the development of a strong global community dedicated to maintaining and growing the network.
• When it comes to proof of stake, there are many ways to express proof of stake. In the case of Cardano and the Ouroboros protocol, it takes a positive incentivization approach to maintaining the network that rewards individuals for positively contribute to the ecosystem, giving them greater power in maintaining the network. Furthermore, there is a focus on reducing barriers to participation, making it easy for anyone to stake their ADA, no matter how much they have.
• When it comes to building more accountable power structures, it is important to build them on transparent, traceable, and immutable infrastructure. By enabling a new era of radical transparency with blockchain, it will make it harder for bad actors to engage in negative behaviors.

--Full shownotes with links available at--
https://www.cryptoaltruism.org/blog/crypto-altruism-podcast-episode-142-cardano-reimagining-power-in-a-new-age-of-globally-distributed-innovation
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--DISCLAIMER --
While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity, before making an investment. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More on the disclaimer at cryptoaltruism.org.
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