Apr 18, 2021
This is a special episode of the a16z podcast — it's an audio history, told through the voices of the a16z crypto team, about what crypto is, how it really works, and why it matters. This "innovation overview" is meant as a resource, and it features hallway-style conversations with the a16z team as well as outside experts.
In brief segments, we’ll take you from the ground up — from the basics, to the most current developments, and beyond that to a look at what we might see in the future.
Here are the topics and voices you'll hear:
_The Beginning_
* Introduction — _Zoran Basich, a16z crypto editor_
* Before bitcoin: previous attempts to create digital money, 1:45 — _Dan Boneh, computer science professor at Stanford and a16 advisor _
* The core innovations of Satoshi’s white paper, 3:36 — _Dan Boneh _
* Proof of work, 5:36 — _Alex Pruden, chief strategy officer at Aleo Systems and former a16z crypto partner _
* Mining and why it’s important, 7:10 — _Alex Pruden _
* The history of mining, 8:20 — _Alex Pruden _
* Value in monetary systems, or why bitcoin is worth anything, 9:53 — _Arianna Simpson, a16z crypto partner _
* Bitcoin as store of value, 11:30 — _Arianna Simpson _
* Security in crypto, 12:45 — _Alex Pruden _
_Expansion_
* Why is it called a blockchain? 14:00 — _Eddy Lazzarin, a16z data scientist _
* Why the blockchain matters and what you can do with it, 15:09 — _Chris Dixon, a16z general partner _
* Beyond bitcoin, 17:01 — _Eddy Lazzarin _
* Ethereum as logical extension of open source, 17:36 — _Eddy Lazzarin _
* Tokens: What are they? 19:04 — _Eddy Lazzarin _
* Tokens and the functions they serve, 19:53 — _Scott Kupor, a16z managing partner_
* Tokens and the ownership economy, 21:19 — _Jesse Walden, Variant Fund founder, former a16z partner, and Mediachain founder _
* What tokens enable for creators, 22:18 — _Ali Yahya, a16z general partner _
_Right Now_
* What DeFi means, 23:58 — _Eddy Lazzarin _
* Yield farming: What is it? 25:16 — _Eddy Lazzarin _
* NFTs: What they are and why they matter, 27:15 — _Linda Xie, Scalar Capital managing director, and Jesse Walden _
* Developer ecosystems, crypto, and composability, 30:17 — _Jesse Walden _
* Decentralized networks, value capture, and what it means for builders, 33:05 — _Ali Yahya _
_The Future_
* The big picture, web3, and DAOs, 35:38 — _Chris Dixon _
For more crypto resources, please see our Crypto Startup School page, our documentary about the program, and our NFT Canon.
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