This week, on Transmission 42, Theo Goodman speaks with Ksenya from the World Crypto Network, and Andreas from Eris Industries. During the interview the subject of blockchain technology is explained by both expert guests.
Watch the video to hear Andreas discuss the differences between private and public blockchains. He also explains how to set the permissions in the genesis block.
Andreas is the man behind the project The People’s Republic of Doug. The PRD is a smart contract that sets up a virtual republic and is just one example of how a private blockchain can be used as a smart contract.
Regarding the ongoing discussion about imutablity, it’s explained how private chains are only as imutable as their security strategy. Being able to do something on a blockchain that can not be undone is referred to as “imutablity”.
Transmission is a weekly podcast featuring bitcoin, altcoins, and blockchain technology broadcasting live every Sunday at 3PM EST. The Spice Must Flow.