►
From YouTube: 'Baselining Baseline Protocol' - John Wolpert
Description
An overview of the Baseline protocol, which enables enterprise use of mainnet Ethereum.
A
B
A
B
Hey
it's
great
to
see
everybody.
It's
it's
been
a
quite
a
year
for
the
baseline
protocol
team.
I'm
going
to
tell
you
about
that
and
set
it
in
some
context.
Would
love
to
have
some
questions
no
slides
today,
I'll
just
be
talking
to
you.
Baseline
protocol
is
not
I'm
going
to
start
with
what
I
always
say
to
everybody.
Baseline
protocol
is
not
a
coin,
a
token
a
scheme,
a
a
platform,
a
product.
B
In
order
to
maintain
consistency
between
company
a's
system
of
record
and
company
b's.
So
what
that
what's
involved
in
that
any
distributed
systems
101
is
the
need
to
have
a
common
frame
of
reference
either
you're
going
to
primary
one
system
to
the
other
and
most
security
officers.
Don't
love
that
option.
It
also
gives
a
lot
of
control
to
the
the
primary
company
or
you
can
set
up
an
integration
bus
and
have
this
common
frame
of
reference
between
you.
B
B
That
proof
proves
that
we
at
one
point
in
time
were
on
the
same
page
without
having
to
resort
to
what
you
would
see
in
a
traditional
or
you
know
what
we've
been
doing
in
on
the
in
enterprise
blockchain,
and
I
for
some
some
of
you
may
know.
I
I
helped
build
this
thing
called
hyperledger
fabric
and
then
I
kind
of
saw
the
light
and
said
you
know.
B
Public
blockchain
is
kind
of
where
I
want
to
go,
and
the
reason
is,
I
think,
blockchains
all
kinds
of
blockchains
are
more
or
less
terrible
databases
and
that
was
sort
of
the
thought
we
had
when
we
started
doing.
Enterprise
database
or
enterprise
blockchain
was
hey,
let's
have
a
single
source
of
truth,
let's
put
our
data
collectively
on
a
shared
system
and
when
you
think
about
that
for
more
than
ten
minutes,
it
should
have
been
obvious
to
us
and
five
years
ago.
B
Okay,
now
I
have
my
internal
sensitive
data
on
a
shared
threat.
Surface
that
is
now
as
bigger
has
a
higher
risk
of
exposing
that
information
for
every
company.
That
has
a
note,
so
even
a
private
blockchain
is
kind
of
a
you
know.
All
blockchains
are
sort
of
digital
nudist
colonies.
A
private
blockchain
is
just
a
digital
nudist
colony
on
a
private
beach,
and
that's
not
a
terribly
good
pattern.
B
B
If
all
this
sounds
incredibly
boring
it
is
we
like
to
say
that
with
baseline,
boring
is
the
new
exciting
after
five
years
of
enterprise
blockchain
hyperbole
part
of
I
have
to
admit
to
perpetrating
some
of
it
along
the
way.
Now
we
have
something
where
a
ciso,
a
security
officer
or
cio
can
say.
Oh
that
makes
sense.
That's
not
scary
and
that's
not
an
inappropriate
use
of
blockchain,
I'm
still
using
my
sap,
and
now
we
don't
have
to
sell
against
an
sap.
B
B
A
main
net
is
a
common
always-on
state
machine
that
resists
tampering
and
resists
any
group
from
locking
you
out
of
valid
transactions
or
tampering
with
history.
That's
what
a
main
net
must
do
and
ethereum
does
a
pretty
good
job
of
that
and
if
all
you're
asking
it
to
do
is
manage
proofs
and
use
those
proofs
in
a
clever
way
that
allows
you
to
do
ordering
in
in
workflows
that
you
know
even
eth1
is
pretty.
It
has
enough
scale
to
handle
a
lot
of
that
and
eth2
will
get
us
all
the
way
there.
B
So,
that's
that's
the
nutshell
of
block
of
baseline
started
between
microsoft,
ernst,
young
and
consensus
back
in
june
of
last
year
and
launched
officially
as
an
open
standard
in
oasis.
You
can
go
to
baselinehyphenprotocol.org
and
get
involved.
It's
an
openly
governed,
open
source
body
contribution
is
the
only
power
you
can.
B
You
can
be
a
you
know.
You
can
be
a
sponsor
and
you're
not
going
to
buy
yourself
any
votes.
The
only
thing
that
gets
you
a
vote
for
anything
is
is
contribution,
and
so
please
get
involved.
We
have
now
700.
Last
week
I
had
to
say
a
few
weeks
ago
I
had
to
say
600
now
it's
700
active
participants
and
it
just
keeps
growing
company
after
company
after
company,
big
companies,
small
companies
and
it's
a
really
great
opportunity
for
a
small
company
to
jump
in,
make
a
mark
and
become
pretty
well
known.
B
A
Let's
see,
let
me
check
the
chat
real
quick
see
if
we
have
any
comments
coming
in
still
waiting
on
that
for
a
second,
let's
see,
if
you
guys
have
any
questions
or
comments
for
john,
please
head
up
live.ethonline.org
all
right,
a
question
for
you:
what
can
non-enterprise
devs
do
with
this
meaning
like
if
you
don't
work
at
a
big
corporation
like
how
does
this
serve
you?
How
does
this
help
you.
B
B
So
imagine
like,
say,
you're
a
radish
farmer,
and
this
is
actually
a
story
and
you
get
a
a
you
know,
purchase
agreement
from
your
wholesaler
big
company
they're
using
sap
or
some
monstrous
system
right
old
school,
and
you
don't
even
know
what
that
is.
You
know,
but
you
have
an
iphone.
You
can
mash
a
button
in
a
yeah,
so
a
lot
of
people
are
saying
now,
if
you
can't,
if
you,
if
you
can't
at
least
do
an
electronic
signature,
maybe
I
shouldn't
be
working
with
you
right.
A
B
That's
the
days
of
needing
to
do
paper
are
back
very
quickly
ending,
and
so
now
you-
but
you
know
you
don't
really
know
about
anything
about
it.
You
got
your
iphone,
you
get
this
docusign,
you
mash
the
button
and
then
what?
If
it
right
after
that,
it
said
you
know
your
your
wholesaler
will
give
you
points
or
benefits
spiffs.
B
If
you
click
here
and
for
9.95
a
month,
you
have
a
system
of
record
that
is
baseline,
so
that
now
that
wholesaler's
a
lot
more
confident
that
you
have
some
kind
of
record,
keeping
that
they
can
be
confident
in
right.
Just
that
alone
can
make
a
big
difference
to
even
a
rash
farmer
and
that
by
the
way,
free
idea
go
ahead
and
build
that,
and
let
me
know
if
you
do,
because
I'll
promote
the
heck
out
of
it.
A
A
B
A
B
B
I
used
to
work
at
ibm
research
and
a
lot
of
scientists,
and
so
what
we
used
to
say
is,
you
can
always
say,
but
that
won't
work,
but
then
you
have
to
say,
but
it
would,
if
even
if
your
butt,
your
second
butt,
is
crazy.
Like
one
time
this
is
true.
Sorry,
I
was
working
on
something
and
we
were
doing
that
and
somebody
said,
but
that
won't
work,
but
it
would
if
gravity
was
different
and.
A
B
And
one
of
us
went
wait
a
minute
and
obviously
we
didn't
fix.
We
didn't
change
gravity,
but
it
it
led
to
a
pretty
good
idea.
Do
that
hit
do
that
five
times,
you'll
have
a
you
know,
an
important
idea
like
most
often
changed
my
life
that
that
way
of
thinking
in
a
way
that
is
what
we
that
was
the
process
we
followed
with
to
get
to
baseline.
We
said
well,
here
are
10
reasons
if
you
go
to.
B
A
B
B
You've
got
scale
finality
custodianship
gdpr
issues,
privacy
issues,
confidentiality
issues
which
are
different
eventualities
about
the
business
logic.
Privacy
is
about
the
data.
Both
things
matter
right.
If
I
can
decompile
that
that
smart
contract
and
it
has
identifiable
attributes
that
I
could
use
to
to
figure
out
who
you
are
and
what
you're
doing
and
with
whom
it's
not
okay
for
business.
Sorry,
I
don't
think
it's
okay
for
tiny
businesses.
I
mean
if
you're,
dealing
with
grandma's
pension,
you're
and
you're
a
three-person
company.
B
B
You
know,
there's
a
life
cycle
to
all
this,
so
you
know
they
say,
build
security
in
from
the
beginning,
don't
tack
it
on
later!
So
all
these
reasons
why
you
wouldn't
use
the
blockchain
and
particularly
all
boil
down
to
thinking
of
blockchains
as
databases
don't
put
data
on
blockchains,
don't
put
the
primary.
B
B
A
B
The
thing
I'm
using
to
to
tell
you
that
you're
consistent,
looks
like
noise
and
sounds
like
a
metronome
to
anybody
any
casual
observer
of
the
main
net.
Then
then
that's
okay,
so
it'd
be,
but
it
would
work
if
we
so
in
a
way
for
from
a
business
perspective.
And
I'm
not
saying
this
is
the
only
use
of
ethereum
blockchain.
I'm
saying
that
it's
kind
of
like
I
wrote
an
article
recently
about.
A
B
The
bose
noise
canceling
and
noise
canceling
the
history
of
noise,
cancelling
headsets,
relate
to
the
future
of
the
internet
and
you
know
at
the
end.
The
point
is:
there's
lots
of
other
uses
of
of
compute
silicon
lithography
than
just
noise,
canceling
headsets,
but
it
was
a
nice
satisfying
specific
thing.
You
could
do
the
math
on
and
know
at
what
point
transistors
would
be
able
to
cancel
noise
out
of
the
air
in
a
thousandth
of
a
second.
You
could
do
the
math
on
that.
B
B
In
fact,
my
use
with
with
the
baseline
and
by
the
way,
I'm
not
the
founder,
I'm
just
a
co-founder
and
I'm
the
chair
of
the
dsc-
and
I
should
say
please
get
involved-
we're
having
a
big
summit
go
to
baselinehyphenprotocol.org,
get
on
the
slack-
it's
mostly
slack,
but
we
do
have
telegram
telegram
and
other
things
integrated.
But
a
lot
of
work
gets
done
on
slack,
there's
a
lot
of
people
in
there
very
friendly
crowd,
very
kind
and
welcoming
and
engaging
maintainers
good
engineers.
A
B
What
business
types?
Well,
I
mean
yeah
things
like
purchasing
and
if
you
think
about
what
what
do
businesses
do
with
each
other
right
and
by
the
way,
if
you're
not
cross
business,
if
you're
not
multi-party,
multi-entity
again,
you
don't
really
need
block
change.
You
know
you.
If
you
have
a
boss,
if
you
have
a
single
admin
and
a
ceo
maintaining
things,
you
don't
need
blockchain
for
anything.
B
If
you
need
a
shared
system
that
different
departments
can
say,
they
have
ownership
of
use,
get
right,
there's
a
lot
of
things
you
can
use,
but
if,
when
you
get
between
companies,
that's
when
blockchain
becomes
an
important
integration
hub,
potentially,
and
so
in
those
those
environments.
What
do
we
do
with
between
companies?
We
buy
stuff
from
each
other.
A
B
B
What
are
the
quids,
would
could
pro
close,
and
we
need
to
enshrine
those
in
agreements,
some
of
which
not
all,
but
some
of
which
can
be
codified
into
business
logic
that
can
be
executed
by
a
computer,
not
everything.
Sometimes
the
the
rule
is
don't
be
stupid
and
that
you
can't
fix
that
with
computers
right,
but
sometimes
it
you
can.
You
can
say
well,
this
must
happen,
and
I
can
check
that
on
some
kind
of
system
before
some
other
thing
happens,.
A
B
B
And
I
know
this
sounds
a
little
risque,
but
I
think
it's
an
apt
analogy.
Honestly,
it's
just
a
compartmentalization
problem
becomes
really
fraught.
You
can
try.
I
mean
that's
what
well
half
the
good
work
that
we
did
in
the
early
days
of
fabric.
You
know
a
guy
like
gary
singh
was
really
good,
architect,
engineer
and
coder.
Gary
singh
ought
to
get
the
touring
rewards.
B
B
You
know.
Just
factorial
nightmare
of
complexity
and
complexity
is
the
enemy
of
security.
So
I
say
if
you're
trying
to
maintain
surveillance
resistance,
a
well-managed,
potentially
air-gapped
traditional
database.
I
mean
a
database,
pretty
neat
invention.
You
know
in
1970
that
was
the
blood.
You
know
that
was
the
exciting
thing
I
mean
I
I
grew
up.
You
know.
Relational
databases
were
kind
of
the
thing
I
worked
on
in
the
early
90s
and
and
they're
still
good,
so
we
should
use
them.
A
B
Well,
I
think
this
comes
along
at
a
good
time,
because
the
the
api
economy,
which
was
the
next
last
big
wave
I
was
involved
in
and
before
that
you
know
the
object-oriented
wave,
but
I
mean
api
economy
in
particular,
you
have
companies
now
like
mulesoft
and
others,
and
dell
boomi
that
do
translation
schema
management.
You
know
you
can
so
the
real
tricky
thing
is:
how
do
you
verify
the
identicalness
of
a
record?
That's
on
and
sql
right,
so
you
have
to
that.
B
You
have
to
manage
that,
but
there's
quite
a
lot
of
maturity
around
that
already,
and
so
we
can
just
check
into
it
and
use
that
so
it's
baby
steps.
It's
always
baby
steps.
So
you
know
you
could
have
imagined
us
doing
this
10
years
ago,
15
years
ago,
but
now
you
know
it's
it's
easy
enough
that
we
can
do
it
in
production.
A
B
A
B
A
B
And
nobody
told
us
we
could
we
want
that
for
ethereum
we
had
to
run
java
one
in
97
in
javits
center,
because
there
were
30,
000
developers
that
had
that
showed
up.
If
I
remember
the
numbers
right,
where's,
our
30
000
developer
blockchain
conference
right.
Well,
it's
because
we're
not
coming
together
yet
yeah.
A
B
We
need
to
do
that
and,
and
we
need
to
know
I
mean
you
know,
companies
we
can.
You
cannot
like
companies,
you
cannot
like
enterprises
and
I
might
agree
with
you
in
some
in
a
lot
of
cases,
but
at
the
end
of
the
day,
we're
all
just
large
groups
of
mostly
humans
and
and
the
developers
in
those
companies
are
can
be
a
great
ally
and
we
need
to
reach
out
to
them.