Fabric Protocol and Bitcoin Development

10/10/2022 2h 11min Episodio 60

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Episode Synopsis

In this episode of Magic Internet Money, host Brad Mills invites lifelong hacker and Bitcoin entrepreneur, Eric Martindale onto the show to discuss Bitcoin, his journey working as a developer for Bitcoin related companies, and his layer 3 software called Fabric.Brad kicks the show off describing life in Cape Breton and the lessons of that experience, which he compares to the great depression and the film Cinderella Man. He introduces Martindale and a handful of basic topics of critique such as DeFi and altcoins.The main topic of the show is censorship resistance and the advantages to the additional layers that Bitcoin has developed since its initial launch by Satoshi. Martindale shares valuable personal experience with Bitcoin’s development.Time Stamps00:00:19 - Introduction and catching up with Brad Mills00:32:50 - Show Start and introducing layer 3 and other terms00:37:50 - Introducing Eric Martindale00:44:40 - When did Martindale look closer at BTC?00:54:04 - Martindale’s developer journey and insights01:09:55 - Where does Fabric fit into the layers of BTC?01:25:29 - On the Balkanization of the cryptocurrency world01:40:07 - More questions about Fabric and Portal01:51:30 - How to balance a passion for BTC with shitcoiner coworkers01:58:50 - How does the token for Portal work?02:06:20 - Outro and plugsLinks to Mentions in the ShowFabricPortalHolepunchWhat is layer 3?DeFiAustrian economicsThe Lean StartupCypherpunksThe World Economic ForumThe Lightning NetworkFind Eric MartindaleEric Martindale TwitterEric Martindale WebsiteFind Brad MillsBrad Mills TwitterMIM TwitterBrad Mills Facebook