A Beginner’s Guide to Tezos

In this episode featuring early Coinbase employee Linda Xie, you’ll learn:

  • What the Tezos protocol is, who the founders are, and how it compares to Ethereum
  • How the Tezos approach to upgrading functionality compares to blockchains such as Bitcoin and Ethereum
  • How developers in the Tezos ecosystem are compensated for their code
  • The differences and advantages between PoW (Proof of Work) and PoS (Proof of Stake)
  • How Tezos’ formal verification feature — allowing developers to mathematically prove the correctness of their smart contract code — could be used

Listen

Stock Options vs Protocol Tokens

In this episode featuring entrepreneur and designer Richard Burton, you’ll learn:

  • The basics of stock option equity packages commonly used as financial incentives for startup employees
  • Why stock options can be “golden handcuffs” for employees
  • How misunderstanding small details of your stock option incentive package can cost you millions
  • Why ‘protocol equity’ potentially offers a better compensation outcome for talent
  • How protocol equity shines in areas where stock option compensation does not

Listen

Thoughts on Tokens

In this episode featuring 21 Co-Founder and a16z Partner Balaji Srinivasan, you’ll learn:

  • The basics of what a digital token is, how various tokens differ from each other, and why tokens have surged in interest lately
  • Why tokens have only recently become possible due to years of digital currency infrastructure
  • What exactly you receive or hold rights to when you purchase a digital token
  • Why tokens are such a compelling alternative to traditional financing
  • How token models enable fundamentally new types of business models that could power the next wave of internet companies

Listen