►
From YouTube: Baseline Protocol Office Hours
Description
Content starts at 4:50 minutes in.
B
A
B
C
B
C
Okay,
this
is
Boris
Gryzlov
and
and
I'm
just
background.
I'm,
primarily
I
worked
in
the
financial
industry
for
the
last
well
over
20
years
from
the
Western
banks,
and
you
know
different
walls
as
a
business
analyst
as
a
manager
as
a
developer
quite
some
time
ago,
and
we've
been
consulting
over
10
years
for
like
pretty
much
every
bank
I
guess
in
New
York.
It's.
C
Basically,
we're
looking
at
I
think
baseline
has
great
prospects
in
the
financial
history.
I
think,
though,
is
I
think
at
least
from
what
I
understand
at
this
point,
it's
if
main
that
can
be
used
for
by
the
banks
and
hedge
funds
and
like
smaller
organizations
that
could
be
a
big
win
so
I'm
looking,
we
were
considering
like
a
small
prototype
that
we
are
kind
of
working
on
one
specific
financial
product
and
capsule
next
week.
I'll
have
some
questions
and
kind
of
thoughts
and
what
I'm
doing-
and
it
is
not
something
that
I
work
for
JPMorgan.
B
B
Me
put
a
quick
disclaimer
for
everyone.
We
always
do
this
in
every
meeting.
Anybody
you
know
attending
any
of
the
meetings
for
the
baseline
of
the
protocol
are
assumed
to
be
representing
themselves
and
and
not
indicating
and
and
no
one
should
assume
anything
who's.
Listening
about
the
intentions
of
the
organizations
that
they
may
work
for,
so
we
want
to
always
make
sure
to
keep
everybody
safe,
and
you
know
I
think
we're.
B
In
the
beginning
of
a
big
movement,
I'm
always
reminded
of
how
we
had
I
think
almost
2000
IBM
errs
working
on
Java
before
the
CEO
said.
It
was
ok
to
work
on
Java
back
in
the
nineties
and
so
there's
a
lot
of
individuals
and
a
lot
of
companies,
big
companies
getting
around
the
baseline
approach
and
they
should
feel
safe,
being
involved
contributing-
and
we
are
here
also
by
the
way-
to
help
their
organizations
with
things
like
the
ECL.
A
and
educating.
So
we've
had
several
meetings
already
with
a
couple
of
large
companies.
B
Who's
open
source
software
committees
had
questions
and
wanted
to
be
sure
that
they
were
going
by
the
book
and
and
that's
happening,
and
so
you
know
the
one
of
the
nice
things
about
the
baseline
protocol.
For
those
who
don't
know
is
that
we
are
an
initiative
inside
the
Oasis
open
source,
open
standards,
body
which
is
a
venerable
I,
think
actually
one
of
the
oldest
open
source,
open
standards,
organizations
for
the
web.
They
are
buying
sgml
and
sam'l,
and
and
ABI
AMQP
and
many
of
the
core
standards.
B
A
Hey
John,
there's
a
quick
question
coming
in
from
YouTube
that,
based
on
some
of
our
discussions
earlier
in
the
week,
I
thought:
may
it
be
kind
of
timely.
The
question
is
from
donkey
punch
drunk,
and
it's
really
that
the
question
seems
to
be
a
little
confusion
when
baseline
is
referred
to
is
a
technique?
Is
there
another
description
used
to
refer
to
baseline
example,
bas
s,
Baz
interesting.
B
Good
question
actually
I
love
this
question,
so
the
answer
is
the
baseline,
I've
been
I.
Think
I
got
interested
in
saying
technique
to
kind
of
inoculate
us
from
what
has
been
become
a
fairly
large
word
protocol
laughs,
there's
a
lot
of
things
that
call
themselves
protocols
that
are
actually
chains
or
tokens
or
coins,
or
you
know
things.
B
You
know,
platforms
products
and
the
baseline
protocol
here
is
strictly
a
protocol,
which
means
it's
a
and
technique
seems
to
be
a
word
that
that
that
can
help
the
fact
that
you're
asking
the
question
is
kind
of
a
my
way.
My
mind
aids
success
metric
in
that
and
what
people
ask
the
question
because
we
want
to
say
we
want
to
make
the
point
that
this
is
not
threatening
to
any
other.
B
We
just
heard
about
a
wonderful
project
in
SA,
P
I
think
it's
called
BSS
right,
yeah
yeah
and
it
looks
a
lot
like
baselining
and
because
baseline
is
just
a
technique
and
not
a
platform
that
has
to
where
you
have
to
choose
this
thing.
Over
that
thing
we
can
support
that
and
come
together
perhaps
and
help
maybe
help
them.
You
know
they've
got
some
pretty
good
thinking
in
there
about
corporate
organizational
directory
and
stuff,
like
that,
I'd
love
to
see
that
work
in
the
baseline
technique
right
and
I'm.
Vice
versa.
B
A
A
B
You
can
buy
that
you
that
you,
you
could
put
together
to
to
approach
to
use
as
part
of
the
baseline
technique,
but
the
the
organization,
the
protocol
is
an
open
standard.
It's
the
specification,
and
you
can
you
know
so
the
involves
messaging.
Well,
you
can
use
what
messaging
protocol
you
want
that
you
and
your
cargo
counterparties
agree
upon
right.
B
A
A
My
CRM
was
integrated
with
my
SCM,
with
my
HCM
with
my
eieio,
and
then
it's
important
that,
if
you
don't
have
the
technical
team
to
do
it,
that
you
did
you
work
with
partners
that
are
there
understand
the
specification
and
how
it
works
together
and
the
components
in
which
components
you
need
or
might
not
need.
I'll
just
leave
it
at
that
right.
Yeah.
D
So
I've
been
following
up
on
the
the
eath
Alliance
and
Etha
lions,
now
they're,
increasingly
focusing
on
integration
with
minute,
as
well
as
just
consortium
of
enterprises,
both
permission
and
permission
less
right.
So
in
that
context,
where
does
baseline
fit
in
or
is
it
a
complementary?
You
come
I'm
trying
to
wrap
my
head
around
like
with,
if
Alliance
over
what
they're
doing?
How
does
baseline
compare
so.
B
That's
why
there's
a
main
networking
group
so
that-
and
that
brings
it
into
alignment
with
the
etherium
foundation
and
baseline-
is
a
good
example
of
the
fruit
of
that
kind
of
thinking,
because
baselining,
while
you
could
use
it
with
any
blockchain
or
any
state
machine
as
the
as
the
common
frame
of
reference,
it
sort
of
makes
a
lot
of
sense
to
use
the
public
network.
And
then
you
could
say
well,
you
could
use
any
public
network
and
you
would
be
right.
B
B
It
has
Taz
the
Abney's
attributes
now
personally,
I'll
say
yeah
I
work
for
consensus,
and
you
know
it
wouldn't
be
surprising
for
you
to
hear
me
say
that
I
think
aetherium
is
a
pretty
good
candidate
for
that
common
frame
of
reference,
but
you
know
so
that
that's
kind
of
where
so
baseline
is
a
pretty
good
example
for
how
enterprise
use
of
public
blockchain
in
particular.
You
know
a
lot
of
the
code
that
we've
developed
is
is
definitely
a
theory
and
based
doesn't
have
to
be.
B
D
So
if
I
could
fall
over
the
question
so
with
the
if
the
enterprise
were
to
come
on
the
main
net,
given
the
given
and
the
you
know,
the
the
transaction
limitations
and
cost
of
transactions
on
main
net
is
baseline.
Also
looking
into
this
other
earlier,
two
sidechain
scaling
solutions
such
as
GK
roll-up,
and
things
like
that.
B
Great
question
so
the
the
layer
two
so
first
of
all
base
lining
was
the
heart
that
the
beginning
of
base
lining
was
hey.
How
do
we
saw
if
you
go
on
to
the
docs
base
line,
protocol,
org
site
and
and
look
at
the
the
section
on
main
net
down
in
the
standards?
Part
you'll
see
that
there's
we
have
a
document
in
there
where
a
persona
we
call
Cecil
or
Celia
to
see.
B
So
it
gives
ten
reasons
why
you
wouldn't
want
to
use
the
public
blockchain
for
an
apprentice
or
for
business,
and
the
point
of
blacktop
base
lining
is
to
make
most
of
most
or
all
of
those
either
tractable
or
irrelevant.
So,
for
example,
the
speed
limit
on
using
the
pain
net
or
the
latency
issue,
or
the
finality
issue
or
the
noisy
neighbor
issue.
B
These
are
all
things
that
are
very
forgiving
in
a
baseline
context,
because
you're
not
putting
the
public
blockchain
on
the
back
end
the
coalface
that
you
might
say
of
your
application,
you
don't
have
you're,
not
running
a
twitch
game
and
trying
to
wait
for
reads
and
writes
off
of
a
public
blockchain.
That's
not
what
you're
using
it
for
with
baselining.
You
know
your
farther
back
in
the
plumbing
your
your
back
way
back
in
basically
ordering
and
hash
management,
which
you
can
do.
D
B
So
that's
a
good,
that's
a
good
example,
and
in
that
case,
so
you,
if
you
go
into
the
protocol,
you'll
see
that
the
first
thing
that
happens
is
messaging,
and
so
that's
happening
as
at
the
speed
of
messaging
right.
So
the
speed
of
switching
as
fast
as
you
can
get
that
message
to
the
counterparty
you've
got
that
message
to
the
counterparty
and
then
as
fast
as
that
counterparty
can
sign
it
digitally
and
get
the
confirmation
back
to
you.
That's
the
speed
that
you're
working,
which
is
basically
good
good,
loose
coupling.
B
What
that
introduces
is
a
to
general's
problem
out
of
Byzantine
generals,
probably
two
generals
problem.
How
do
you
know
that
you
both
got
the
message
that
you
did
both?
Did
it
proper
work
done
it
properly
deposited
the
correct
things
and
that's
where
you're
you
know
the
sent
you
know
the
initiator
is
going
to
then
run
all
that
all
those
signatures
through
a
off
chains
or
a
knowledge
circuit
that
will
deposit
a
proof
on
the
Merkle
tree
of
a
shield
contract
inside
the
main
that
that
says,
yeah
everybody.
B
A
Just
the
state
of
the
technologies
today
right,
you
pick
the
business
process
that
can
deal
with
that
kind
of
transactional.
Throughput
right.
A
procurement
process
typically
has
a
net
30
days
as
an
example.
As
the
technology
improves,
you
know,
as
it
becomes
more
scalable
through
either
layer
to
plump
its
solutions
or
even
with
the
admin
theorem
to,
then
you
can
begin
to
expand
to
more
processes
over
time,
but
I
personally
and
I'd
like
to
be
wrong.
I
find
it
unlikely
that
this
would
be
ever
used
for
real-time
sort
of
settlement
systems.
B
Using
the
real
powerful
thing
here
is
that
it
makes
a
lot
of
sense
to
keep
your
s
AP
system
or
your
Oracle
system
or
your
your
your
system
or
what
have
you,
and
it
also
makes
sense
to
keep
your
mule,
soft
and
bumi
and
other
kinds
of
middleware
systems.
It
even
makes
sense
to
keep
your
mq
series
or
other
other
kinds
of
message.
Bus
systems
in
place,
because
all
this
is
doing
is
providing
this
final
ordering
check
when
you
need
to
have
a
last
mile
of
consists
of
of
continuity.
A
B
A
B
I
will
say
about
that
that
the
the
chain
link,
Oracle's
I,
saw
that
one
that
was
okay.
The
reason
why
chain,
link
or
or
any
Oracle
provider
is
important
and
and
there's
a
project
that
is
starting
if
people
want
to
get
involved
with
it.
It's
it's
happening
now
and
for
this
in
the
summer,
and
it's
in
our
is
in
the
repo,
you
can
take
a
look
and
I'm
excited
to
see
what
they
with
different
participants
in
the
community.
Do
with
this.
B
You
have
a
problem
of
making
sure
that
say
you
have
a
time
lookup
in
your
function
that
moves
a
workflow
from
step,
one
step
two
and
that
time,
lookup
or
some
other
kind
of
state
that
moves
around
to
have
dynamic
dynamism
to
it.
If
Mike
machine,
you
know
my
ASAP
system
and
your
Oracle
system
or
your
dynamic
system
have
to
look
up
to
the
time
as
a
parameter
for
this
function
to
flow
you're
not
going
to
get
the
same
answers.
So
you
have
a
you
know.
B
You
have
non
determinism
issue
and
a
race
conditions
issue
in
some
cases,
so
so
using
Oracle's
in
that
process
just
makes
a
lot
of
sense
and
chain
link
is,
is
one
of
the
founding
members
of
the
project
and
and
I
think
that's
where
they're
gonna
play.
You
know
that
everybody
in
the
kiss
organization
or
in
this
team,
you
know
anybody
can
be
part
of
baseline
community.
Anybody
you'll
be
a
high
school
kid
and
be
involved
and
I'm
kind
of
excited
to
see
that
happen.
B
But
there
are
people
that
are
really
stepping
up
and,
and
you
need
to
draw
a
line
between
what
you're
doing
for
your
business
and
what
you're
doing
with
the
community
and
with
some
companies
it's
very
clear
right:
they're
they're,
a
system
integrator,
you
know
integrating
things
like
dynamics
and
si
P.
Well,
they're
gonna
want
to
be
involved
with
baselining,
because
it's
good
deal
flow
opportunity
for
them,
and
if
you
have
a
standard
for
this
stuff,
it's
just
gonna
make
life
better
for
them.
B
A
B
Got
the
beers
where's,
my
baseline
hat
I
got
a
flame,
so
yeah
I
think
that
I
so
I
think
it's
like.
Wouldn't
you
agree
Nick,
it's
a
it's
a
horizontal,
it's
kind
of
like
in
the
90s
when
when
everybody
need
a
website,
and
then
they
need
is
spinning
logo
on
the
website
and
then
they
need
to
be
able
to
have
a
catalog
on
the
website.
Then
they
wanted
to
sell
the
cattle
yeah.
They
wanted
to
sell
those
things
that
were
in
the
catalog
and
that
became
ultimately
ecommerce.
It
didn't
matter
what
industry
you
were
in.
B
A
Of
the
radish
34
POC
kind
of
focusing
on
procurement,
we
see
a
lot
of
people
going
down
that
path.
First,
but
I
would
say
it's
kind
of
that
and
then,
like
the
the
adjacent
paths
right,
so
procurement
traceability,
those
kinds
of
things
and
you're
right
it.
It
is
being
applied
across
multiple
industries.
A
Today
we
haven't
seen
at
least
I,
haven't
seen
one
particular
industry
leap
out
ahead
of
another
at
this
point,
but
you
can
see
very
quickly
with
a
procurement
and
a
traceability
kind
of
flow
that
you
know,
logistics
and
manufacturing,
and
you
know
all
of
those
kinds
of
industries
become
pretty
viable
targets.
Quite
frankly,
our
beneficiaries,
I,
should
say
targets
makes
them
sound
like
victims,
where
these
are
actually
they're
going
to
be
benefiting
from
baseline
yeah.
B
And
I
thought
I
saw
a
note
above
about
a
couple
of
different
companies
and
whether
they're
involved
in
in
in
baselining
and
in
particular,
around
EDI
and
so
yeah,
there's
several
different
companies,
different
organizations
that
are
that
are
really
good
at
EDI.
That
know
how
to
do
Adi.
So
if
anybody
doesn't
know
what
epi
is
you
know,
it's
a
it's
a
50.
B
Of
and
came
out
of,
World
War
2
practices
during
World
War
2.
Ultimately,
those
guys
last
name
serves
with
G
I,
can't
remember
the
name
but
kind
of
codified
these
these
document
standards,
so
EDI
is
a
document
markup
standard.
Basically
that
says
you
know
this
kind
of
purchase
order.
Is
this
number
and
etc?
And
it's
usually
bilateral
and
it's
been
around
forever
and
now
things
like
GS,
1
and
other
things
are
based
on
EDI
and
it's
very
compatible
with
him,
because
EDI
doesn't
stipulate
a
transport
layer
or
a
mechanism
for
managing
it.
B
You
know
you
can
use
baselining
as
a
way
to
handle
a
multi-party
EDI
and
do
some
interesting
things
with
EDI,
so
I
think
that's
where
a
lot
of
those
companies
are
getting
involved.
I,
don't
exactly
know
why
we
get
so
many
questions
about
who's
involved
with
this
stuff.
There
must
be
something
going
on
there,
but
you
know
as
long
as
their
codes,
good
and
they're,
you
know,
and
they
don't
violate.
B
A
As
a
corollary
to
that,
DVD
has
a
question
around
industry
standards
right
and
I
was
gonna
point
out
that
these
specifications
steering
committee
is
the
place
where
those
discussions
happen,
and
you
know,
you're
welcome
to
join
and
participate
in
that
no
matter
who
you
are
quite
frankly,
blockchain
junkie
is
asking
about
Thomas's
demo
that
he
discussed
last
week.
Do
you
happen
to
have
an
update
as
to
where
that
is
or
time
frames
I'm
trying
to
remember
that
was
yeah.
B
That's
that's
the
I,
think
I,
don't
know
it
well,
the
DocuSign
ones
coming
as
well,
which
I
thought
was
really
cool
and
there's
a
number
of
projects.
I
think
this
one
is
the
one
that
has
to
do
with
basically
an
RPC
within
a
client
which
I
think
several
clients
are
working
on
and
I
think
that's
a
that's.
A
just
makes
a
lot
of
sense.
There's
a
really
good
team.
B
B
Well,
this
is
a
strictly
speaking.
This
is
a
half
hour
show
and
we
are
at
the
bottom
of
the
hour.
We
have
gone
long,
but
I
have
I
think
both
you
and
I
think
have
to
go
to
something
else.
Right
now,
so
it'll
be
half
hour
this
time,
but
I
want
to
give
one
quick
announcement.
We
will
be
I
think
that's
the
last
webinar
on
the
list
of
webinar.
B
Where
we'll
interview
somebody
most
weeks
and
we
will
commit
to
keep
going
on
this
event
so
and
and
we've
got
a
little
bit
better
technical
setup
starting
next
week
that
will
allow
us
to
have
a
prune
link
or
a
youtube
link
public
before
minutes
before
the
event
happens.
So
we're
learning
we're
getting
better
and
I
hope
you
guys
are
enjoying
this
regular
show,
love.