►
From YouTube: Gateway 2023: Agoric, IST, and What's Next
Description
The state of Agoric, Inter Protocol's upcoming Vaults application, and what's coming next for the Agoric ecosystem.
A
A
A
Also,
don't
forget,
there's
going
to
be
party
tonight
at
5
pm
at
D5
happy
hour
at
shalanda
restaurant,
so
check
out
the
website.
You
have
to
register
there,
so
next
up
is
going
to
be
the
last
talk
of
our
morning
block,
obviously
last
but
not
least,
and
it's
going
to
be
done
by
no
other
than
Dean
Tribble
CEO
of
our
Diamond
partner
agaric.
The
talk
is
ISC
activation
votes.
Please
give
a
warm
welcome.
B
Actually,
we
renamed
the
talk,
so
it's
a
gorick
IST
and
what's
next
but
I'm,
going
to
start
by
waking.
Everyone
up
with
a
question.
You've
got
to
have
your
arms
to
get
a
little
bit
of
exercise
here.
So
what's
the
hardest
thing
to
scale
in
blockchain,
so
the
first
question
you
know:
what's
part
of
singular
scale,
is
it
transaction
rate
everyone
who
thinks
that's
one
of
the
really
hard
things
to
scale
raise
your
hand?
No
one
known
transaction
rate.
B
You
know
number
of
transactions
per
block,
anyone,
okay,
how
about
number
of
programmers
number
of
apps,
maybe
number
of
end
users
yeah?
Okay,
now,
ironically,
the
biggest
footprint
here
was
actually
number
of
programmers
and
indeed
that's
one
of
the
main
places
that
agork
started,
but
as
Victor
will
talk
about
on
Monday,
there's
a
lot
of
ideas
of
how
one
should
also
scale
the
users
and
we'll
talk
about
that
in
a
minute.
But
blockchain
in
general
has
only
18
000
some
odd
developers.
B
I
tried
to
get
the
the
the
the
Cosmos
number
in
there
and
it's
about
the
same
size
of
polka
dot,
except
it's
growing
really
fast,
and
you
know,
with
with
hundreds
of
actual
chain
projects,
it's
actually
kind
of
hard
to
tell
what
are
all
the
things
you
should
look
at,
and
so
the
cosmos
number
is
is
is
really
interesting,
but
an
important
thing
about
this
is
we're
still
very
early
in
the
development
of
and
and
the
deployment
of
blockchain
across
the
world
and
so
to
scale
the
number
of
of
developers
in
the
ecosystem,
and
this
is
to
scale
compared
to
just
the
number
of
JavaScript.
B
Programmers
is
a
very
very
you
know
that
we're
there's
a
lot
of
fish
in
in
a
in
a
very
small
pond
and
where
we
all
want
to
get
to
is
the
world
where
we
have
lots
more
developers
working
on
this
stuff
right-
and
you
know,
and
and
cosmosm
is
also
important
here.
Rust
has
two
million
developers
that
would
be
a
bigger
bubble
here,
but
even
if
they
were
outrageously
successful,
they're
still
10,
plus
million
developers
with
10
plus
million
problems
to
solve
that
they
need
to
be
bringing
to
those
problems.
B
The
high
integrity
of
replicated
execution
that
blockchain
has
as
it's
at
its
core
and
the
ability
to
orchestrate
safe
cooperation
among
strangers
and
or
orchestrate
the
business
relationships
in
a
safe
and
trustworthy
fashion
that
you
get
from
Smart
contracts
and
if
we
don't
enable
those
millions
of
developers
to
do
it,
we're
still
going
to
remain
with
crypto
being
a
sideshow
to
the
rest
of
the
economy.
So
let's
talk
about
that
rest
of
the
economy
right
so
25
years
ago,
I
and
various
other
punks
of
one
form
another.
B
Some
of
us
cypherpunks,
some
of
us.
You
know
just
punks
we're
talking
to
the
larger
Banks
Bank
of
America
Bank,
Boston,
Nations
Bank,
of
which
you
know
only
one
of
those
remains.
But
you
know
talking
to
a
lot
of
these
larger
Banks
about
how
this
newfangled
internet
thing
was
not
in
fact
full
of
scams.
It
was
not
in
fact
a
flash
in
the
pan
that
was
going
to
go
away
and
it
actually
might
matter
to
your
business
in
the
future.
B
Ten
years
ago
you
know,
and
not
quite
such
young
punks
were
talking
to
Chemical
Bank
Chase
Bank,
about
how
cloud
computing
was
not.
In
fact,
a
rehash
of
of
time
sharing
was
not
in
fact,
a
flash
in
the
pan
was
not
in
fact
full
of
scammers
and
would
matter
to
the
future
of
your
financial
activities
at
this
Bank,
and
you
know
so
now,
next
last
question
how
many
people
here
use
online
banking
and
online
bill
pay
right.
You
know
so
it
seems
to
have
worked
out.
B
Okay,
but
the
rhetoric,
the
language,
the
status
at
the
time
25
years
ago,
10
years
ago,
for
each
of
these
technology
waves
was
very
much
the
kind
of
thing
we're
seeing
now
right
and
so
again
we're
just
at
the
beginning
right
we're
just
at
the
beginning.
Osmosis
is
just
killing
it
Knocking
it
out
of
the
park
with
146
million
in
total
value.
Lock.
That's
that's.
You
know
really
awesome,
at
least
for
the
cosmos
ecosystem.
They're.
B
Of
course,
bigger
ecosystems,
if
you
put
together
all
of
the
the
the
the
top
five
projects
on
ethereum,
that's
a
lot
more
money
and
yeah,
whatever
right,
still
a
bunch
of
fish
in
a
very
important,
very
valuable,
small
pond
right-
and
this
is
just
fintech
right.
This
is
this-
is
just
that
thing
that
10
years
ago
we
were
saying
this
could
happen
in
the
cloud.
No,
really!
Really
it's
going
to
happen
right.
B
B
But
why
are
we
agoric
qualified
to
pursue
that
market
right?
So
there's
some
quotes
from
people
that
you
might
know.
Zuko,
we've
known
for
years
from
you
know,
coming
out
of
the
cypherpunks
community,
where
a
lot
of
agoric
folk
have
worked
on
early,
large-scale
distributed,
Systems
Technology,
starting
from
even
back
in
the
80s,
through
the
90s
and
on
up
to
the
systems
we
have
today.
B
We've
our
chief
scientist,
Mark
Miller,
is
responsible
for
much
of
the
much
of
the
security
elements
in
JavaScript
which
realize
you
know
sort
of.
Has
this
historical?
You
know.
Oh
my
God.
It's
this
crazy
language
in
a
browser,
but
it
literally
controls
trillions
of
dollars
every
day
in
everything,
from
App
exchange
on
Salesforce
to
Bloomberg
terminals
to
banking
software
back
ends.
You
know,
JavaScript
is
a
critical
part
of
of
the
financial
infrastructure
of
the
entire
world,
and
you
know
the
creator
of
JavaScript
the
creator
of
the
Brave
browser.
B
You
know,
attributes
much
of
the
security
to
the
work
that
that
Mark,
Miller
and
others
at
agork
have
been
doing
driving
security
elements
into
the
JavaScript
standard
to
be
enjoyed
across
all
these
different
platforms
from
you
know,
browsers
to
to
light
bulbs
on
into
you,
know
the
blockchain
that
agork
is
building
and
then
Zaki,
who
is
probably
floating
around
here
somewhere.
You
just
have
to
say
block
thing:
blockchain
three
times,
I
understand
it.
B
You
know
he
he
was
the
one
that
found
some
of
the
earlier
distributed
work
and
brought
it
to
the
table
when
the
brilliant
people
designing
Cosmos
SDK
were
trying
to
solve
some
of
these
problems,
and
you
know
it
aligned
with
the
values
of
sovereign
chains
connecting
in
a
large
scale,
distributed
fashion
with
secure
messaging
and
was
part
of
the
inspiration
that
led
to
the
current
architecture
of
IBC
and-
and
you
know,
I-
really
appreciate
the
the
the
credit
zucky
gives
to
to
to
to
that
earlier.
Work.
They're.
B
Certainly
you
know
they
certainly
brought
a
lot
to
the
table,
and
the
Synergy
has
just
been
a
a
wonderful
thing
that
has
led
to
you
know
the
the
the
the
success
of
IBC
so
far,
and
so
these
are
things
that
are
in
our
DNA
in
the
in
the
agoric
DNA,
and
these
are
why
we,
you
know,
really
want
to
build
and
are
really
focused
on
going
out
as
to
build
the
general
purpose.
Smart
Contracting
platform
for
all
the
many
use
cases
that
we
need
to
to
roll
out
into
that.
What
is
it?
B
85
trillion
dollar
World
economy
right
and
and
until
we
get
there,
you
know
just
like
cloud
computing
has
got
there.
Just
like
you
know
that
that
newfangled
internet
thing
has
gotten
there.
Blockchain
will
get
there,
but
that
is
the
target.
That's
the
the
the
ball
to
keep
your
eye
on
right.
So
what
are
we
building
right?
Obviously,
it's
Cosmos
SDK
based
IBC
based
tender,
mid
or
Comet
bft.
B
Take
your
pick
based,
but
it
is
for
building
smart
contracts
for
those
14
million
developers
out
there
for
all
the
developers
in
the
world
so
being
able
to
build
smart
contracts
in
the
number
one
programming
language
on
the
planet,
using
the
number
one
development
environments
on
the
planet
and
the
development
techniques
that
you
know,
the
the
the
the
vast
majority
of
programmers
in
the
world
use
to
build
large-scale
applications
with
an
integrated
economy.
Right
all
of
us
here
you
know
we're
we're.
You
know.
B
If
you
look
at
ethereum,
if
you
look
at
Cosmos,
if
you
look
at
you
know,
teslos
any
of
these
things,
they're
paying
gas
fees
in
a
speculative
token.
I
think
Sonny
touched
on
this
earlier
right,
you're
paying
in
something
that
well,
it's
a
valuable
asset,
but
it
can't
be
stable.
It
goes
up
and
down.
This
is
a
lot
like
paying
your
rent
or
your
postage
using
gold
or
Apple
shares.
B
You
can
do
it,
but
a
few
thousand
years
ago
we
all
discovered
that,
having
a
stable
token,
a
stable
currency,
a
stable
unit
of
account
and
medium
exchange
makes
for
a
better
economy.
It
greases
the
gears
of
Commerce,
right
and,
and
one
of
the
things
that
we
noticed.
It
was
a
big
gap
in
the
kinds
of
economies
that
we're
developing
on
these
blockchains.
Is
you
didn't
see
much
in
the
way
of
long-term
contracts?
B
You
didn't
see
mortgages,
you
didn't
see,
subscription
agreements,
that's
partly
because
you
know
the
engine
couldn't
handle
timers
and
couldn't
hand
do
async
activity.
But
it's
also
because
everything
was
priced
in
a
volatile
commodity
such
that
you
you
could
not.
You
know,
I
mean
how
much
eth
would
you
commit
to
paying
for
rent
or
paying
for
your
mortgage
30
years
from
now.
The
answer
is
I.
Have
no
idea
is
it
going
to
be
a
hundred
times
or
a
thousand
times
as
valuable
or
half
as
valuable?
B
You
know,
I,
don't
know,
and
you
don't
know
either
right.
So
economies
need
intrinsically
economic
services
to
make
them
flourish
to
help
them
flourish,
to
enable
people
that
just
want
to
get
a
job
done.
They
just
want
to
get
a
business
out
there
to
be
able
to
connect
and
partner
with
lots
of
other,
you
know
and
and
economically
work
with
their
users
and
have
have
agreements
that
last
over
time
and
all
those
kinds
of
things.
B
Okay,
so
we
have
an
intra
integrated
economy
which
has
taken
quite
a
bit
to
build
and
we'll
talk
a
little
bit
about
that
in
a
minute
and
then
and
then
a
component
model-
and
you
know
JavaScript
is
not
just
the
number
one
programming
language
because
it's
easy
to
learn
or
because
it
was
in
browsers
first,
because
in
fact
it
was
not
in
browsers.
First,
it's
it's
partly
the
number
one
programming
language,
because
it
supports
great
Frameworks
right
this.
It
has
support
for
Frameworks
that
you
can't
get
in
solidity.
You
can't
get
in
Rust.
B
You
can't
get
in
in
all
these
other
languages.
It
sees
oh
Frameworks,
where
a
third
party,
someone
that
doesn't
work
for
you,
that
you
don't
know
that's
a
total
stranger
can
build
a
component
that
you
can
safely
incorporate
into
your
application
in
order
to
build
a
richer
and
richer
application.
That
kind
of
component
model
react.js
right
is
the
kind
of
thing
that
that
ramps
exponentially
literally
because
Builders
can
build
using
the
tools
that
the
previous
Builder
last
month
created.
B
They
can
incorporate
a
component
that
someone
else
of
possibly
higher
skill
or
different
skill
built
and
incorporated
into
their
application
that
solves
their
specific
problem
in
the
domain.
That
they're
expert
in
that
is
the
magic
that
creates
exponential
growth
for
a
developer
environment
and
that's
one
of
the
primary
reasons
why
JavaScript
Remains
the
number
one
programming
language
on
the
planet?
Okay-
so
that's
the
that's!
The
general
corporate
platform
and
agoric
has
always
been
about
that
Vision.
B
How
do
we
make
a
platform
that
the
world's
developers
can
solve
The
World's
problems
individually
without
orchestration
in
a
permissionless
fashion
and
collaborate
into
a
much
much
larger,
much
much
safer
economy
and
get
the
advantages
of
high
integrity,
execution
from
blockchain
and
the
the
cooperation
coordination
that
smart
contracts
bring
you,
okay
and
so
those
components?
We've
talked
previously
and
you'll
see
other
Talks
by
me
and
possibly
others
at
a
cork
about
the
components
that
we
were
seeding,
our
environment
with
right.
B
But
we've
crossed
an
important
threshold
where
there's
a
lot
of
components
that
we
didn't
build
right,
and
so
you
know
like
we
talk
about
nft
Legos.
We
talk
about
D5
Legos.
We
talk
about
governance,
Legos
and
other
things
like
that.
You
know.
There's
the
cryo
team
sneaking
around
here,
I'm,
pointing
at
you
right
there
right
who
you
know
that
they're
picking
up
the
nft,
Legos
and
they've
got
a
lot
of
ideas
of
what
they're
doing
so
they'll
be
talking
about
that
later
this
summer.
B
We've
got
D5
Legos,
which
are
the
underpinning.
You
know
these
components
that
are
the
underpinning
of
the
inter-protocol
and
the
and
the
the
stable
token
that
is
the
backbone
of
the
economy.
But
some
of
those
pieces
are
built
not
by
agorak.
Some
of
those
pieces
are
built
by
you
heard
Matthew
here
of
Simply
staking
they
run
the
Oracle
Network.
They
built
the
Oracle
Network.
B
B
Okay,
so
we've
always
had
a
road
map,
a
very
high
level
road
map,
but
that
road
map
was
lay
down
the
structure
of
components
of
digital
assets,
where
it's
not
here's,
a
big,
long,
random
number,
I
hope
you
know
what
that
means
or
send
money
to
a
random
number
and
hope
something
good
happens.
It's
I've
got
a
JavaScript
object
that
represents
a
ticket
and
it's
got
an
operation
on
it
to
say.
B
We
needed
the
groundworker
of
that
and
the
initial
components
before
we
then,
oh,
you
know,
got
other
applications
to
leverage
that
architecture
to
leverage
that
framework,
so
that
developers
could
build
components
to
be
used
by
other
Developers
and
that
included
the
The
Economic
Institutions.
So
that's
mainnet
one
and
it
was
we
had
to
get
there
first
before
we
could
open
the
doors
for
third-party
applications
because
they
needed
to
deploy
in
an
economy
with
an
architecture
that
allowed
component
Marketplace
to
flourish.
And
so
you
know
that's
where
we're
at
So
Yesterday
a
release.
B
Candidate
went
to
the
validators
for
our
final
release
for
mainnet,
one,
which
is
this
first
phase
of
laying
the
groundwork
with
the
of
the
core
contracts
and
the
core
architecture
and
the
core
framework
for
the
agoric
general
purpose.
B
Smart
Contracting
platform
and
I'm
going
to
talk
a
little
bit
about
specifics
for
that
release
and
then
I'll
go
into
what's
next,
which
is
the
the
you
know,
where's
the
platform
going
what's
mainnet
two
and
three
Okay,
so
the
this
release
to
to
complete
the
mainnet
one
value
prop
and
launch
us
into
mainnet2
here's
some
key
things
that
it
has
right.
It's
got
a
bunch
of
agoric
VM
enhancements.
B
Specific
ones
are
like
priority
cues
right.
We
have
these
Oracle
networks
in
order
to
provide
information
into
the
infrastructure
that
will
inform
the
economy
of
when
it
should
do
liquidations
or
when
it
should
do.
You
know
how
to
do
pricing
or
trading.
Those
are
critical
elements
to
keep
the
overall
system
running
those
want
to
be
prioritized
over.
B
You
know
even
important
nft
releases
right,
so
so
there's
prioritization
mechanisms,
performance,
enhancements,
scaling,
enhancements
all
the
kinds
of
things
that
you
want
in
an
infrastructure.
We've
got
both
those
happening
and
also
programs
to
enhance
the
the
agoric
VM
over
time.
B
We
have
for
the
validators,
because
many
of
you
in
the
room
are
validators,
and
this
is
one
of
the
biggest
asks
was
integration
with
Cosmos
sdks
awesome,
statesync
State
sync
allows
multiple
validators
at
a
particular
box
to
go
okay,
here's
a
snapshot
that
we
all
agree:
cryptographically
hashes
up
to
the
current
state
of
the
chain,
which
means
a
new
validator,
can
come
in
download
it
get
live
in
seconds
rather
than
hours
or
days
or
what
have
you?
B
And
so
so
we
have
statesync
the
interesting
Innovation
and
Challenge,
and
one
of
the
key
things
about
the
agork
stack
is
and
we'll
be
talking
about
this
over
the
next
several
months
is
there's
a
lot
of
awesome
technology
that
comes
from
literally
Decades
of
building
up
towards
this
towards
this
framework
and
platform.
But
the
state
sync
incorporates
not
just
the
normal.
B
What's
the
Merkle
tree
at
this
particular
block
height,
but
what's
the
in-flight
running
state
of
live
JavaScript
processor
processes
that
run
for
months
with
your
smart
contract
state,
so
a
smart
contract
instead
of
I
mean
it
can
do
the
I
want
to
record
my
structured
state
in
the
miracle
Tree,
in
a
way
that
blah
blah,
blah
or
I
can
just
say
you
know,
here's
a
variable
keep
running
when
someone
comes
in
pay
them
out.
It's
just
a
live
process.
B
It'll
run
Forever
Until
the
until
it
shuts
down
on
chain
and
it
fits
into
the
statesync
model
right.
It's.
This
live
continuously
persistent
process.
That's
part
of
the
running
blockchain
that
that
you
know
validators
can
still
launch
in
seconds.
So
that's
that's!
That's
some
really
cool
technology.
B
If
you're
into
that
layer
of
of
architecture
system
I
mentioned
the
Oracle
Network
support
for
the
Oracle
integration
for
the
Oracle
and
production
of
the
Oracle
by
simply
staking
P2P
and
several
other
chain
link,
node
operators
that
are
provide
that
are
producing
a
new
Oracle
Network
direct
specifically
for
the
agoric
blockchain
that
will
both
Drive
the
inter-protocol,
but
also
provide
JavaScript
components.
B
B
You
know.
We
first
introduced
it
last
year,
just
after
UST
collapsed
to
be
clear,
you
know
what
was
you
know
how
it
was
a
robust,
I
won't
say
successor,
because
it
was
always
a
thing.
B
It
was
always
part
of
the
planned
overall
economy,
but
the
opportunity
to
to
the
value
of
being
able
to
have
a
a
stable
token
that
starts
out
over
collateralized,
but
can
evolve
as
we
learn
more
as
we
come
up
with
more
robust
mechanisms
more,
you
know
organic
demand
built
into
an
economy
that
will
keep
a
blockchain
running
and
going
or
keep
a
stable
token
running
and
going
and
and
stable
in
spite
of
not
being
fully
backed
or
what
have
you,
but
it
starts
out
over
collateralized
native
to
IBC,
and
so
it
will
launch-
and
this
was
you
know,
the
the
the
agoric
build
stickers
voted
on
this-
that
it
will
launch
with
Adam
as
its
initial
backing,
so
that
that
unlocks
liquidity
in
Adam,
where
you
can
bring
it
over
lock
it
up
in
a
vault,
a
maker,
Dallas
Vault.
B
If
you
will
and
mint
IST
against
it-
and
you
know,
that's
just
sort
of
the
the
the
current
release
and
I'll
talk
about
that,
a
little
bit
more
a
little
bit
more.
So
if
you
all
saw
Sunny
stock-
and
he
mentioned-
we
don't
need
a
PSM
to
us.
Psm
is
actually
an
important
element
right.
B
One
of
the
things
you
want
is
lots
and
lots
of
ways
to
collateralize
or
to
to
enable
or
to
Mint
your
IST
and
it's
the
market
and
the
technology
and
the
economics
of
the
of
the
economy
of
evolve.
The
IST
needs
to
evolve
with
it.
B
You
know
it
needs
to
evolve
to
new
sources
of
value
and
new
sources
of
demand
so
that
it
can
Flex
with
the
demand
on
a
currency
as
it
goes
up
and
down
depending
on
on
macroeconomic
forces,
and
so
we
started
IST
last
year
it
launched
with
the
PSM
where
it
could
take
the
four
five
six,
eight,
whatever
the
heck,
it
is
different
variants
of
stable
tokens
that
existed
roll
them
up
and
consolidate
them.
So
from
any
of
them,
you
could
mint
IST.
You
know
from
the
point
of
view
of
a
backbone
of
an
economy.
B
Having
lots
of
sources
of
asset
is
great
from
the
point
of
view
of
an
end
user
yeah.
Not
so
good
right,
you
know
the
the
oh,
which
of
these
20
stable,
dollar-ish
things
should
I
use.
The
answer
is,
there
needs
to
be
one
right
that
that
you
need.
You
know,
systems
to
consolidate
that
an
ISD
consolidates
all
that
and
from
our
perspective
dollars
in
a
bank
USD
bank
account
is
one
of
the
many
collaterals
that
you
would
like
to
underpin
a
state.
You
know
a
stable
token
for
the
ecosystem.
B
Right
I
mean
there's
trillions
of
dollars
in
U.S
state
in
in
in
in
USD
in
bank
accounts
across
the
world,
you'd
like
to
be
able
to
collateralize
that
so
we
outsourced
that
problem
to
Circle
for
now.
But
of
course
you
know
what
you
want
is
something
that
is
much
more
decentralized,
much
less
under
control
of
one
regime.
You
know
you
know,
so
you
want
to
be
able
to
underpin
that,
but
that
can't
be
your
only
thing
and
you've
gotta.
As
with
any
system,
that's
responsibly,
managed
financially,
you've
got
to
have
minting
limits.
B
You've
got
to
have
oversight
by
people
that
are
expert
in
this
area.
You've
got
to
have
multiple
mechanisms,
so
you're
not
vulnerable
to
you,
know
one
collapse
of
One
Bank
in
Silicon,
Valley
right,
and
so
so,
with
this
release
with
this
mainnet
1B
release,
we
add
to
that
PSM,
which
is
again
valuable
to
get
USD
collateral
and
value.
It
helps
to
make
the
the
token
have
parity
with
the
dollar,
which
is
convenient
from
a
minute
from
a
from
a
accounting
Point
of
View
to
a
lot
of
businesses.
B
It's
not
critical,
but
it's
really
convenient,
and
then
we
added
to
that
Vault
right
over
collateralized
vaults,
where
you
can
bring
a
volatile
asset
or
a
relatively
volatile
asset,
one
whose
value
goes
up
and
down
over
time
and
and
lock
it
up
in
a
vault
and
mint
IST
against
that
right.
That
was
always
a
core
part
of
the
proposition.
Now
we
had
talked
in
detail
last
Cosmo
verse
about
some
of
the
mechanisms
they
have
changed
since
then.
B
Originally
that
was
designed
to
sell
against
an
amm
right
and
there
was
going
to
be
a
native
amm
on
the
agoric
platform,
but
you
know
osmosis
Crescent
shade,
swap
all
of
these
guys
rolled
out
awesome
amms
that
really
knocked
it
out
of
the
park
in
various
dimensions,
and
so
it
wasn't
critical
to
get
an
amount,
an
amm
out
in
order
to
underpin
the
liquidation,
and
so
instead
it's
launching
the
the
the
vaults
mechanism
is
launching
with
a
reserve
to
provide
to
cover
shortfalls.
B
It's
already,
you
know
available
on
on
several
different
changes
and
and
the
bridges
of
tokens
across
axolar
and
gravity.
All
of
those
are
supported
and
managed
and
have
been
for
months
now
with
vaults,
coming
on
board,
it'll
start
with
with
Adam,
and
then
there's
a
contest
where,
where
where
you
can
suggest
and
vote
on
what
should
be
the
next
collateral,
that's
not
a
binding
vote,
that's
just
interest
and
excitement
and
advice
to
the
the
the
econ
committee
and
and
education
to
the
rest
of
the
the
the
ISD
ecosystem.
B
But
it's
valuable
input,
so
please
participate
okay,
so
the
problem.
You
know
the
nice
thing
about
dollars
in
a
U.S
bank
account
is
it
has
a
usability
advantage
that
it's
easy
to
put
dollars
in
a
bank
account
if
you
already
have
some,
but
if
you
spend
a
lot
of
time
building
up
an
asset,
you
know
like
Adam
or
Juno
or
evmos,
or
you
know
osmosis
or
what
have
you
you
know
you
might
or
might
not
have
a
bunch
of
dollars
in
a
bank
account.
You
would
like
to
be
able
to
collateralize
for
that.
B
That's
what
vaults
are
for,
but
from
a
usability
point
of
view,
man,
you
what
you're
bringing
in
you
know
new
people
to
be
end
users
in
a
retail
space.
They
probably
just
want
to
swipe
a
credit
card
in
order
to
buy
that
cool
nft
or
buy
a
ticket
from
omniflex.
Or
what
have
you?
And
so
you
know
so
so
we're
working
with
Cado
to
get
that
integration
to
make
the
usability
curve
very,
very
smooth,
as
you
would
expect
from
a
payment
instrument
right
and
then
there
are
chains
that
you
know.
B
Not
only
is
it
on
exchanges,
but
they're
now
chains
that
will
be
providing
organic
demand,
so
we're
working
with
Akash
to
get
it
to
be
something
you
can
use
to
pay
for
execution,
time
and
cloud
service
time
in
the
awesome,
Akash
Network
working
with
omniflex,
so
you
can
be,
you
can
pay
for
nfts
tickets.
What
have
you
the
things
that
that
that
you
know
man
organic
use
case?
Ticketing
is
a
60
billion
dollar
industry.
That's
one
of
the
ones
that
we
really
all
want
to
get
into.
B
Omniflex
is
getting
there
and
it'll,
and
and
they'll
be
able
to
buy
tickets
with
with
the
IST,
which
is
really
awesome,
so
that's
mean
that
wouldn't
be
released.
So
what's
next
right
that
that
that
wraps
up
that
phase
and
now
we're
into
the
main
net
too,
which
is
general
purpose,
use
cases
third
parties
being
able
to
build
on
this
stuff
and
for
starters,
it'll
be
permissioned
right
where
permission
is
not
by
Agora
permission
is
by
the
the
build
stakers
on
the
Chain
and
and
so
so.
What's
an
example.
B
Right
Calypso
is
one
of
the
projects
building
on
here,
which
this
started
with
a
bounty
for
a
component
to
do
remote
control
over
interchain
accounts
of
I
think
Akash
network
Network
Services,
which
will
be
used
for
more
interesting
Advanced
Services
going
forward,
but
this
is
to
use
ICA.
B
You
know,
like
entry
point,
was
talking
about
to
control
positions
and
trading
on
other
chains
right
to
have
Smart
contracts
in
JavaScript
extensible,
with
the
model
of
that
that
the
work
platform
provides
for
extensibility
for
doing
interesting
integration
of
financial
services
across
all
the
many
awesome
chains
that
are
accessible
across
across
IBC
crabble
is
a
joint
project
where
the
core
contracts
are
to
be
to
do
nft
lending,
and
this
is
not
where
I
lock
up
an
nft
and
mint
IST
against
it.
No
no.
B
This
is
where
I
have
an
nft
that
will
get
me
into
get,
will
get
me
a
discount
at
tickets
at
the
next
ball
game
and
I
can't
go
so
I
will
lend
it
to
you,
and
now
you
can
use
my
nft
in
in
the
way
that
I
would
be
able
to
use
that
nft.
So
it's
literally
being
able
to
lend
you
the
NFD,
that's
kind
of
a
cool
concept.
B
It
fits
well
with
a
bunch
of
the
kinds
of
Legos
that
I
mentioned
earlier
and
and
they're
moving
forward
and
then
finally,
the
last
slide
I'll
talk
about
is
someone
mentioned
earlier.
You
know
the
metamask
wallet
again
agoric
is
about
you
know
we
integrate
technology,
we
interoperate
with
with
with
a
lot
of
Cosmos
chains.
We
participate
and
we're
very
excited
about
all
of
the
growth
of
of
IBC
and
interchange,
accounts
and
so
forth.
B
But,
but
you
know,
our
eye
is
really
on
the
much
much
larger
markets,
so
we've
been
working
with
metamask
for
years
on,
secure,
JavaScript
or
sorry,
the
the
the
hardened
JavaScript
as
the
framework
in
which
they
could
extend
their
wallet
with
third-party
contracts
or
third-party
components,
third-party
extensions
that
they
are
safe
from
that
the
that
the
hardened
JavaScript
protects
them
from.
So
it
makes
it
safe
for
them
to
open
the
doors
up
so
that
you
can
have
plugins
for
Cosmos
foregoric,
for
you
know
other
other.
B
You
know
chains
out
there
that
are
not
tenement
based
right,
and
so
this
was
actually
at
one
of
the
very
first
hack
atoms.
We
took
the
very
first
baby
version
of
snaps
and
got
metamask
to
sign
transactions.
The
fancy
offer
style
transactions
in
agork
to
sign
them
as
part
of
a
an
overall
application.
So
now
it's
gone
from
that
idea
with
that
proof
of
concept
in
like
2019
or
very,
very
early
2020.
Two.
B
It's
going
to
production
later
this
year,
we're
happy
to
support
that
and-
and
we're
really
happy
that
several
others
have
jumped
on
board
to
really
to
really
fund
and
help
Drive,
the
the
the
development
of
the
cosmos
snaps
plug-in,
so
that
so
that
we
can
Bridge
Cosmos
out
via
metamask
to
their.
You
know
two
and
a
half
million
users
a
day,
30
million
a
month
community
of
users.
B
Because
again
we
all
really
need
to
be
keeping
our
eye
on
the
ball,
collaborating
to
get
out
to
the
much
larger
world
of
developers
and
the
much
larger
use
cases
so
I'm
very
excited.
Thank
you
for
Mystic
Labs
who's.
Doing
the
implementation
work
the
atom
accelerator
that
voted
to
fund
it,
the
the
the
osmosis
grants,
program,
DCF
grants
program,
we're
supporting
them
and
wait,
and
what
oh
and
Skip
protocol?
Yes?
Who
who
is
driving
the
effort?
B
Thank
you,
Sam
who's
floating
around
here
somewhere,
so
yeah
and
I
apologize
for
it
not
being
front
and
center
here
guys,
but
we
all
need
this.
We
all
love
it,
and
that
doesn't
mean
we
don't
love
Kepler
and
leap
wallet,
but
this
is
one
of
those
things
where
we
all
need
to
start
getting
trying
out
all
these
things
in
order
to
grow
out
there.
So
thank
you
very
much.
I
will
leave
you
with.
We
do
have
a
workshop.
There's
the
QR
code
for
getting
signed
up
for
workshops.
B
They
do
get
filled
up.
So
you
know,
stick
up
your
camera.
Take
a
picture
of
me!
No,
no
take
a
picture
of
that
and
please
join
the
you
know,
join
the
program
check
out
what
you
know
all
the
things
that
are
that
are
happening
on
the
work
platform
heading
out
now
into
that
general
purpose:
platform
World
and
in
your
swag
bag.