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From YouTube: Connected Smart Contracts Durham: The Magic Bus is Rolling - John Wolpert - Baseline Protocol
Description
John Wolpert the Co-Founder of Baseline Protocol speaks about Baseline’s work with Chainlink and the roadmap ahead for main net integrations.
About Chainlink
Chainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments.
Learn more about Chainlink
Website https://chain.link
Twitter https://twitter.com/chainlink
Telegram https://t.me/chainlinkofficial
If you’re a developer, visit the developer documentation https://docs.chain.link or join the technical discussion on Discord https://discordapp.com/invite/aSK4zew
A
All
these
I'm
just
gonna,
fortunately,
I-
was
hoping
that
we
would
have
some
more
of
an
opportunity
to
have
interaction.
This
is
Q&A,
but
I
guess
I'll
just
talk
at
you
a
bit
for
15
minutes
and
let
you
know
about
the
baseline
protocol
project
that
chain
link
and
14
other
companies
are
involved
in
and
hopefully
you
saw
if
you
didn't
see
the
announcement
go
well,
look
for
a
baseline
protocol
or
hashtag
baseline
proto
on
Twitter
and
you'll
see
a
bunch
of
stuff
I
guess.
A
To
sign
up
and
be
involved
also,
if
you
look
at
the
press
release
which
is
pretty
easy
to
find
on
consensus,
net,
slash,
press
or
gosh
any
any
work,
you
know
just
do
a
google
search,
you'll
see
a
lot
you'll,
see
the
press
release
and
there's
a
Google
Form
sign
up.
That
will
allow
you
to
get
an
alert
when
we
open
up
the
repo,
so
that's
just
to
make
sure
I
get
that
out
of
the
way
upfront
and
please
Charles
on
team,
please,
you
know,
go
off
mute
and
interrupt
me
with
any
questions.
A
I
love
questions
way
more
more
fun.
For
me
to
respond
to
a
question
than
to
to
talk,
so
let
me
tell
you
about
baseline
I'm,
not
sure
what
you
know
about
it.
So
I'll
give
you
the
basics.
The
notion
here
is
that,
in
in
its
and
I'm
gonna
say
up
front,
the
the
notion
is
a
very
boring
one.
In
fact,
after
five
years
of
hype,
it
might
be.
The
most
exciting
thing
is
to
is
to
embrace
some
boring
in
blockchain
and
in
particular
in
the
notion
of
the
main
net.
A
So
I
was
one
of
the
founders
of
something
called
high,
collector
fabric
and
kind
of
saw
the
light
and
went
over
to
work
with
Jojo
Lubin
on
what
I
like
to
call
the
main
net
and
I'm
call
it
aetherium
so
much
as
I
call
it
the
main
net.
The
main
net
is
the
always-on
state
machine
that
other
state
machines
can
use
to
do
what
distributed
systems.
101
tells
you
you
need
a
common
frame
of
reference
to
have
two
separate
state
machines,
work
together
or
two
or
more
in
a
coherent
way.
You
don't
want
deadlocks.
A
A
You
know.
Everything's
gonna
be
a
lot
accelerated
if
we
can
get
companies
to
start
relying
on
public
blog
chain,
and
they
are
afraid
of
the
word
usually
and
possibly
rightly
so,
but
the
word
public
so
I
don't
use
it
much
I,
don't
say
public
versus
private
I
kind
of
had
a
hand
in
causing
that
dichotomy
and
I'm
sad
about
it.
It's
not
about
public
versus
private.
It's
about
the
right
tool
for
the
right
job.
A
If
you
need,
you
know,
if
you
need
to
make
sure
that
your
private
PII
data
is
not
seen
by
people
that
shouldn't
see
it
don't
put
it
on
a
blog
chain,
don't
put
it
on
any
kind
of
watch,
terrible
idea
that
doesn't
mean
black
sheets
are
useless.
It
just
means
that
you
know
use
them
for
the
right
job
and
storing
private
sensitive
data.
It's
probably
not
one
of
them,
and
this
will
be
an
interesting
place
for
chain-linked
to
play
because
on
one
hand
you
your
one
use
of
change,
involves
spreading
out
data.
A
So
my
argument
is
that
if
you
have
data-
and
this
is
the
argument
of
baseline-
if
you
have
data
in
your
traditional
system
of
records,
ASAP
or
Oracle
or
db2-
or
something
you
built
in
the
70s
that
are
still
running
on
cobalt,
that
thing
would
do
you
a
lot
more
good
if
you
could
also
not
only
know
what
you
think
you
know
but
know
that
each
record
in
there
is-
or
at
least
the
important
ones
also
are
verifiably
the
same
as
what
your
counterparty
thinks
is.
That
is
the
truth.
A
In
their
system
of
record
there's
two
ways
to
do
that:
you
can
either
have
a
common
single
source
of
truth.
You
can
both
decide
to
set
up
a
block
chain
or
Kafka
or
something
else,
and
and
say
we
have
the
single
we're
going
to
put
the
single
source
of
truth
here,
we're
both
going
to
subscribe
to
it.
That's
one
way
to
do
it,
but
then
you
have
to
trust
it.
A
Both
companies,
Systems
admins,
are
not
going
to
mess
up
that
privacy
problem
or
that
the
you
know,
security
is
not
simply
tamper
resistance,
it's
also
surveillance
resistance.
So
now
you
have
a
single
point
of
truth,
but
you
now
have
2x
the
threat
service,
because
you
have
two
sets
of
been
system
administrators
who
may
get
hacked
by
mr.
robot
and
out
you
all.
A
So
maybe
another
way
to
do
it
is
to
leave
the
data
on
your
own
respective
systems
of
record
and
use
the
blockchain
as
a
way
to
keep
to
ensure
that
my
record
is
the
same
as
your
record,
and
if
you
change
your
record
and
broker,
we
are
no
longer
entangled
it's
kind
of
like
quantum
entanglement
for
data,
and
you
can
also
do
that
with
business
logic.
The
business
logic
my
system
ran
had
the
same
inputs.
Did
the
same
operation
deterministic
like
about
the
same
output
as
the
thing
that
you
ran.
A
A
That
gets
especially
it's
kind
of
boring,
even
that
when
you're
talking
about
a
single
record-
and
please
interrupt
me
if
I'm
going
into
the
weeds
here
so
if
I'm
losing
the
audience
I
have
no
idea,
because
I
can't
see
you
and
I
can't
hear
you
so
I,
don't
know
if
anybody's
throwing
well,
okay,
yeah,
so
just
that
yeah.
The
message
here
is
a
wait
a
minute.
If
we
need
a
common
frame
of
reference,
we've
got
one:
it's
called
the
main
net,
it's
always
on
it's
off.
A
A
You
know
you
get
a
lot
of
value
out
of
synchronizing,
with
your
with
your
counterparties
right
now,
you're
doing
it
already
you're
buying
IBM
MQ-
or
you
know
you
know
doing
other
things
with
with
bars
and
charging
who
are
charging
you
an
arm
and
a
leg
to
set
these
systems
up
for
every
single
new
relationship
which
is
expensive
and
you
only
wind
up
doing
it
for
your
biggest
most
regular
trading
partners,
or
you
can
say
no,
we
can
use
this
thing.
It's
always
on.
A
It's
like
the
Internet,
it's
the
maintenance
capital
M
for
the
capital,
Internet,
it's
not
for
everything.
It's
slow,
its
inefficient,
just
like
IP
tcp/ip
is
as
well,
but
it's
repeatable.
It's
always
there
and
we
can
use
it
in
such
a
way
that
people
looking
at
it
not
only
won't
know
your
identity
won't
know
that
anything's
happening.
A
A
You
know
getting
to
say
a
shipping,
but
we
don't
want
the
shipper
to
know
about
our
relationship
as
a
buyer
and
a
supplier.
Imagine
that
I'm
making
something
that
competes
with
Amazon
just
I
mean
I'm,
not
thinking
of
Amazon
there
you
know,
but
just
as
an
example,
they
make
products
they
shipped
products.
I,
don't
think
I
want
as
a
competitor
to
one
of
their
products,
that
company
to
be
able
to
look
in
their
own
database
and
figure
out
my
volumes
and
my
flows
and
my
customer
relationships.
It's
terrible
idea.
A
You
could
use
any
form
of
Enterprise
Service
bus,
any
message,
bus
and
that's
why
you
know
the
baseline
protocol
is
now
replacing
the
notion
of
the
magic
bus
I've
been
calling
this
stuff
the
magic
bus,
because
I
think
the
main
that
is
basically
and
bus,
pub/sub,
key
value
pair
message,
bus,
not
really
a
message
queue,
but
a
message:
bus
that
is
always
on
it's
always
running.
It's
got
some
magical
properties
to
because
it's
tamper
resistant
ways
that
other
buses
aren't.
A
What's
going
on
and
who's
involved,
I
mean
you
can
then
tokenize
those
those
proofs
by
making
them
the
payload
in
things
like
year,
c720
ones,
so
you
can
move
those
around.
But
now
you
not
only
have
a
a
private
token.
You
have
a
stealthy
token,
there's
really
nothing
to
be
learned
from
the
thing
from
that
thing.
Moving
around
inside
of
a
shield,
Connor
I
hope
that
makes
some
sense
and
then,
let's
just
close
that
point,
then
that
day
is
now
able
to
go
into
my
function.
A
Verifiably
and
I
can
now
generate
a
invoice
and
short
of
them
opening
up
the
box
and
seeing
that
I'm,
the
company
name
on
the
product
I
would,
in
theoretically
at
least
be
able
to
use
a
competitor
as
a
shipper.
That's
just
one
of
like
a
million
cases
of
where
atomic
compartmentalization
without
silos
is
a
big
deal,
but
so
the
magic
here
is
change.
A
The
way,
we're
thinking
about
blockchain
from
place
where
we
store
data
and
run
business
logic
to
using
a
system
that
can
handle
data
and
business
logic
that
use
it
as
middleware
to
keep
the
traditional
systems
of
record
and
other
black
chains.
You
can
do
it.
Watch
chains
are
also
state
machines
in
a
state
of
consistency
and
continuity,
without
giving
up
a
bunch
of
secrets
about
your
operations
to
people
out
there
in
the
world
and
by
the
way
you
know,
I
think
that's
the
biggest
problem.
I
guess
I'll
end
on
this.
A
That's
the
biggest
problem
with
private
blockchain.
Is
you
know
if
you
think
about
private
blockchain
at
anyer,
say
a
big
pointy,
hair
manager
somewhere
and
you
say
well
block
chains
like
it
was
secure
database
I'll
use
that?
Well,
it's
not
right.
It's
not
a
more
secure
database.
It
might
be
slightly
more
tamper
resistant
depending
on
how
you
run
it,
but
it's
as
many
companies
or
as
in
your
consortium,
less
secure
against
surveillance,
resistance
and-
and
we
all
know
how
hard
that
stuff
is.
A
In
my
account
until
then
a
token
is
just
a
promissory
note
right.
It's
just
saying:
hey,
I,
have
a
right
to
this
thing
and
you
say:
well:
I
have
a
gun
and
that's
the
end
of
that
conversation
right
so
until
until
things
are
endogenous
to
blotching,
I
think
that's
going
to
take
some
time
where
we're
reliant
upon
these
other
systems
so
hanging.
Why
don't
we
get
those
other
systems
to
use?
What
we
have
and
get
used
to
a
public
main
I
happen
to
think
a
cerium
is
a
good
candidate
for
that
job.
But
again
it.
A
The
important
thing
is
the
specification.
We
need
a
main
net
that
is
resistant
as
much
as
possible
to
toe
loving
trolls,
taking
it
over
changing
history
or
locking
you
out.
That's
the
primary
job,
and
you
know
the
theorem
is
pretty
good
at
that
and
it
needs
to
get
better
and
the
other
thing
I
like
about
aetherium
is
that
it's
really
good
at
getting
better.