►
From YouTube: The Baseline
Description
The weekly office hours for the Baseline Protocol open source community. Learn more at https://baseline-protocol.org.
A
B
Hey
everybody,
this
is
john
wolpert
and
the
baseline
show
will
be
starting
shortly.
We're
remote
from
atlanta
georgia
right
now,
and
we
don't.
I
don't
have
my
normal
streaming
rig
here.
So
instead
of
listening
to
awesome,
tunes
and
seeing
a
screen,
you'll
you'll
have
to
watch
us
get
set
up
while
we're
we're
we're
getting
ready
here.
So
stay
tuned,
we'll
we'll
be
live
in
a
few
minutes,
and
maybe
my
friend
nick
criticos
can
regale
you
with
his
beautiful
singing
voice.
While
we.
A
B
B
B
Yeah,
we
don't
want
to
say
anything
like
that
yeah
exactly
all
right.
Let
me
let
me
do
something.
A
Did
you
want
to
make
me
co-host,
so
I
can
let
people
in
yeah
we'll
do
that.
B
Again,
anybody
tuning
in
on
on
youtube,
but
we're
not
really
started
yet
or
but
and
for
whatever
reason
that
all
of
this
will
live
on
while.
A
B
B
A
D
D
B
I
think
we're
unmuted
immediately.
I
don't
have.
A
B
Yeah
everybody
in
the
studio
here
keep
your
your
audio
off
and
we'll
we're
streaming
through
through
this,
so
yeah.
So
everybody,
let's,
let's
make
believe
like
we
have
music
starting
and
we'll
all
we'll
all
start
breaking
five.
Four
three
two
one.
B
Baseline
baseline
hi
everybody-
this
is
john
walper
we're
here
at
the
baseline
protocol
office
hours.
We
call
the
baseline
show
it's
good
to
see.
Everybody
here
is
big
crowd
today
and
yeah
kill
your
audio
there
buddy
thank
you,
and
we
have
kyle
thomas
here
in
the
in
the
our
fancy
podcasting
office
here
in
atlanta,
georgia,
hotlanta.
A
B
B
Yeah
yeah,
so
it's
it's
good
to
see
everybody
here
today.
We're
gonna,
be
there's
lots
of
announcements
really
just
rolling
in
thunder
over
the
the
remainder
of
this
year,
if
you're
ever
gonna
be
involved
with
baseline
protocol.
This
is
the
time
to
do
it
and
to
get
involved.
Big
companies,
little
companies
startups,
there's
going
to
be
lots
of
opportunities
and
yeah
really
imminently.
B
You'll,
be
able
to
not
have
to
be
a
systems
developer
to
understand
or
deal
with
the
protocol
and
you'll
be
able
to
hit
that
easy
button
and
and
and
and
start
working
with
the
protocol
productively
in
a
satisfying
way.
I
think
that's
what
everybody
everybody
in
standards
and
in
in
open
source.
They
wait
for
that
day.
B
When
you
know
normal
developers
can
just
grab
and
go
and
and
do
cool
things,
and
that's
really
what
the
the
name
of
the
game
is
between
now
and
the
end
of
the
year
and
into
the
new
year
as
we
promulgate
the
standard.
B
All
right
who
we
got
here:
we've
got
ty
colbert
we
got
sam,
we've
got
samurai
kishore,
we
got
lauren,
gibson,
boris
breslav,
mara,
cattle
andreas
fryen,
lucas
rodriguez,
luis
suarez
kyle,
thomas
jack
leahy
and
nick
criticos,
my
partner
grime.
It's
good
to
see
you
all
and
it
looks
like
checking
the
the
zoom
or
yeah
we're
already
getting
some
numbers
in
zoom
so
or
in
on
youtube
yep.
B
So
hey
guys!
What
do
we
want
to
talk
about
today?
I
know
there's
lots
that
will
be
coming
up
in
the
in
coming
weeks.
But
what
have
we
got?
We?
I
don't
think
we
I
mind
saying
that
we
had
a
really
great
session
hanging
out
with
kyle
and
team
in
in
austin
or
in
in
atlanta
this
week,
and
we
got
a
lot
of
a
lot
of
work
done.
B
I
don't
mind
saying
that
our
team,
our
technical
team
and
our
business
team
kind
of
looked
under
the
hood
of
some
of
the
stuff
that
kyle's
team's
working
on
and
found
it
worthy
very
impressive
yeah.
It
was
pretty
impressive,
thanks,
guys
yeah.
So
it's
been
a
great
week,
yeah
absolutely
on
the
agenda
today
as
well.
B
We'll
be
talking
with
boris
ruslov
about
more
about
their
recent
grant
award
and
the
work
they've
been
doing
in
zero
knowledge
and
if
anybody
else
wants
to
chime
in
with
news
and
information,
we're
we're
here
to
talk.
E
John,
should
we
not
talk
about
the
the
the
two
grand
proposals
that
are
currently
in
the
voting
process,
reminder
to
everyone
who's
on
the
tsc
vote
for
vote.
A
B
2022
being
the
year
of
the
dead,
these
two
projects
that
andreas
is
talking
about
that
are
up
for
funding
with
our
grant
program
that
we're
voting
on
now
have
to
do
with
bringing
decentralized
identities
easily
into
the
baseline
framework.
B
Okay,
so
with
that
boris,
you
know
I,
I
know
you
wanted
to
get
some
serious
time,
so
we'll
give
you
a
first
shot
and
then
kyle
and
and
jack
and
team
you
guys
might
want
to
pick
it
up,
and
then
we
can
talk
about
what
andreas
brought
up,
yeah.
Sure.
D
Okay,
so
yeah
sure
all
right,
hi
everyone,
so
I
okay,
it
might
be
to
certainly
repeat
to
some
people
that
that
we
have
we've
done
it,
but
I,
I
think
we'll
have
a
little
more
time.
So,
if
they'll,
if
they
have
other
questions
since
we
all
talked
about
it,
please
do
and
I'm
not
showing
anything
at
this
point,
but
I'll
show
in
a
minute.
D
Okay.
So
so,
basically
our
grant
was
about
like
building
zero
knowledge
circuits
in
gnark,
and
we
we
focused
on
the
financial
circuit
that
was
kind
of
like.
Oh
that's
what
we
wanted
to
do
and
we
we
thought
would
be
kind
of
new
that
that
we
we
don't
think
anyone
has
done
it
yet
or
tried
it.
D
So
we
were
looking
at
basically
corporate
bonds
and
we
said:
can
we
build
a
circuit
for
corporate
bond,
basically
for
a
request
for
quote
process
where
initiating
party
is
looking
to
buy
a
bond
and
they're
saying
here's
a
quest
to
quote,
and
we
wanted
to
make
sure
that
the
quotes
are
not
visible
not
available
to
the
to
the
different
counterparties
that
respond,
and
so
we,
you
know
like
what
we
built.
D
We
built
only
for
three
counterparties,
but
that
can
be
definitely
extended
to
many
more
or
less,
depending
on
kind
of
like
where
the
process
is
or
or
how
do.
How
does
it
how
the
process
needs
to
be
built?
D
D
So
so
there
is
definitely
quite
a
bit
of
automation
here,
so
I
will
I
would
like
to
share
now
we
have
a
diagram.
Do
I.
A
Just
do
microsoft
as
you
bring
that
up
when
I
was
at
there
was
a
lot
of
work
in
cpq,
and
you
know
request
for
quote
that
kind
of
stuff
using
chat
bots
as
well.
So
I
mean
that
even
lends
itself
to
more
automation.
It's
awesome.
D
Yeah
yeah
yeah.
No
definitely
I
mean
there
are
very
many
different
tools,
depending
on
types
of
instruments
that
are
being
used
for
rfq,
like
like
train
trade.
Web
and,
like
I
mean
they're,
probably
like
a
half
a
dozen
environments
that
do
it
in
a
financial
industry
and
it's
rfq
is
always
a
piece
of
it.
So
I
mean
it's
it's
it's.
Maybe
it's
it's
a
small,
it's
a
piece
of
functionality
inside
the
larger
tool,
but
it's
definitely
so
I
can
do
just
a
share
screen.
I
guess.
B
D
B
D
No,
it
says
yeah,
but
it
says:
host
disabled
participants,
clean
sharing,
thanks
you,
okay
and
we'll
do
a
few
things.
Lewis
is
here,
so
I
will
kind
of
do
a
high
level
overview
and
then
lewis
obviously
is
going
to
get
us
into
code.
Don't
lie
he's
going
to
work
for
the
code
and
we'll
we'll
get
into
that.
B
D
B
D
Oh
okay,
so
can
you
see
my
screen.
D
Okay,
so
this
is
also
it
it's
it's
it's
a
sequence
like
one,
but
it's
high
level
and-
and
it
illustrates
the
code
is
obviously
a
lot
more
detailed,
but
that's
what,
for
the
most
part,
that's
what
the
code
does
and
lewis
will
take
us
into
quite
a
bit
more
detail.
So
we
have
an
initiating
party.
Often
and
often
it's
a
bank
and
the
other
side
of
it
is,
is
typically
it's
an
insurance
company
that
is
sitting
on
the
other
side
and
that's
why
I
think
we
picked
her.
D
So
we
have
hsbc
as
an
example.
Just
as
an
example,
the
other
side
is
is
like
aig,
metlife
and-
and
I
also
c
is-
is
the
citibank
which
could
be
so
basically,
hsbc
is
doing
a
request
for
code
bid
on
and
it's
a
specific
bond
and
it
it
it
is
it.
It
knows
that
it
probably
in
the
scenario
that
it
would
like
to
do
that
bid
with
a
specific
list
of
counterparties,
basically
responders
it.
It
sends
the
bid
out
it
gets
back.
Three
three
quotes
what
it
does.
D
It
selects
one
specific
quote
in
this
case
aig
and
and-
and
it
takes
that
quote,
and
basically
it
it
with
that
quote:
it
creates
a
zero
knowledge
proof
that
it
includes
all
three
quotes,
including
the
including
the
quotes
that
did
not
win
or
did
not
did
not
were
not
accepted
for
this
bid
and
and
basically
what
it
does
it
puts
that
right
here
it
does
the
baselining
and
it
puts
those,
and
these
quotes
basically
will
be
available
on
the
blockchain,
the
parties
in
this
scenario-
they
they
know
of
each
other,
but
they
don't
know
what
the
quotes
were
and
they
can
only
know
which
are
like
their
own
quotes.
D
They
can't
really
see
what
the
other
quotes
are
and
that's,
and
based
on
current
regulatory
environment
like
15
minutes
after
the
quotes
were
baseline
or
basically
after
the
the
trade
was
the
trade
was
completed.
You
have
to
make
the
the
quote
available
to
the
public.
Currently
the
processes
in
most
cases
the
the
initiator
puts
it
into,
puts
it
out
there
publicly.
D
D
A
lot
of
details
about
the
trade
itself
is
being
made
available
on
the
trace,
which
is
basically
a
trace
of
all
the
corporate
bonds
that
have
been
traded
and,
and
it
is,
I
think,
the
the
responsibility
it
is
of
the
initiator
to
do
that
and-
and
they
just
put
it
out
to
the
trace
or
provide
it
a
tool
vendor
does
it
for
them.
B
Code
now
this
is
great
boris.
I
guess
one
question
is:
where
do
you
see
it
going
from
here
I
mean
what
what
do
you
want
to
what?
What
do
you
think
the
next
step
is
obviously.
D
A
B
Of
bonds
on
the
blockchain
is
something
a
variety
of
banks
and
organizations.
B
Been
looking
at
heavily
and
they
often
they
run
into
the
same
old
problem
right.
We
I
don't
want.
D
B
This
kind
of
addresses
that
how
do
we
get
that?
I
mean
I'm
thinking
about
things
like
guys,
like
john
whalen
from
santander,
probably
be
pretty
interested
in
this
sort
of
thing.
Yeah.
D
B
A
Taking
the
bot
creation
process
and
doing
it
in
a
way,
that's
private
and
secure
and
leverages
public
infrastructure.
D
Yeah,
we
are
the
next
step
we
were
going
to
initially.
We
just
did
vanilla
bonds,
which
are
the
most
basic
bond
and
we
have
like
we
are
enhancing
right
now
to
process
like
exotic
bonds
like
callable
bonds,
portable
bonds,
slightly
more
complicated
and
what
we
did
realize
recently
that
basically
almost
the
same
infrastructure
can
be
used
for
that.
D
What
we
built,
it's
probably
going
to
work
for
any
other
bond,
because
it's
yeah,
so
so
that's
that's
kind
of
like
we
didn't
realize
it
at
first,
but
we
spent
some
time
with
the
lewis
and
I'm
all
looking
at,
and
he
says
that
we
think
we're
running
some
test
cases
now
to
confirm
that.
Actually
it's
going
to
work.
D
So
that's
that's!
That's
that's
a
good
thing!
We
also
and
lewis.
You
can
probably
talk
a
little
more
about
that.
There
was
some
we're
making
the
modification
the
provider
like
getting
some
logic
there.
D
So
that's,
but
I
think
what
we
can
do.
We
could
enhance
it
a
bit
and
try
using
it
for
other
products,
financial
products.
I
I
think
that's
what
they
would
like
to
consider
that.
Can
we
because
I
mean
there
are
derivatives,
I
don't
know
interest,
I
I'm
not
that
familiar
with
interest
rates,
but
credit
derivatives,
potentially
or
other
products
that
potentially
we
can
use
and
and
and
extend
it
to
that's,
that's
kind
of,
like
my
thought
at
this
point
is.
D
Okay,
so
yeah,
so
if
there
was
not
nothing
yeah
if
the
yeah,
if
there
was
nothing
else,
then
I'll
stop
sharing
you,
okay
to
start
start
sharing
the
code.
D
A
Should
we
do
the
the
code?
Don't
lie
yeah
yeah
we.
D
It's
disabled,
oh
maybe
john,
I
think
maybe
enable
enable.
A
F
So
I
I
sent
my
the
people
that
we
we
worked
on
github
the
the
code
and
on
the
youtube
chat,
so
other
people
can
can
check
it
later,
so
the
secret
was
the
code
was
basically
divided
in
two
files.
We
have
one
test
file
and
the
other
one.
F
It's
where
we
wrote
the
develop
the
the
secret
and
the
secret
is
also
basically
dividing
into
two
blocks
where
we
describe
the
the
parameters
that
the
circuit
is
going
to
receive
to
get,
and
we
have
a
part
that
is
public,
okay
and
another
one
that
is
is
private
and
the
other
part
of
the
the
secret
is
just
to
to
it's
very.
It
has
the
the
logical
of
the
secret.
B
Just
just
to
interrupt
you
for
a
second:
can
you
amp
your
font
just
in
case
the
the
youtube
is
not
quite.
D
A
D
F
So
here
we
have
the
what
is
public,
that
you
are
going
to
to
use
to
prove
something
and
what
is
private?
It's
where
the
here
is,
the
the
bank
that
is
going
to
to
create
the
generate
a
proven
key,
and
I
will
so
here
we
are
going
to
to
have
the
we
need,
a
public
key
from
the
counterparties,
one
two
and
three
who
is
going
to
send
quotes
and
we
have
the
accept
code
value
and
also
it
is
signed
this
value
so
who
sent.
This
quote
knows
for
sure.
That
is
this.
F
It
is
the
value
that
he
he
sent,
and
we
have
also
an
id
of
the
bond
here
is
to
so.
This
circuit
is
going
to
to
be
valid
only
for
a
specific
bond
and
we
have
the
what
is
private,
it's
only
the
the
initiator
he
knows
and
because
he
he
got,
he
gets
the
the
values
for
the
courts
and
the
signatures,
and
then,
with
these
values,
he
is
going
to
be
able
to
generate
to
create
the
secret
and
generate
the
proven
key
that
other
users
can
use
it
the
key
to
to
prove
their
secret.
F
You
have
to
sign
the
value
and
also
the
the
bond
id,
which
is
going
to
be
a
a
hash
of
the
bond
parameters
and
we
have
the
inside
the
secret.
We
have
the
accept
code,
it's
it's
a
a
value,
only
a
number.
So
when
the
counterparty
that
sent
the
accept
quote
the
winner
quote,
is
able
to
verify
the
secret
and
knows
that
he
has
the
accept
code
and
yeah
so
and
the
the
secret
here
we
to
make
sure
that
what
the
the
secret
does
is
to
make
sure
that
accept
code.
F
B
So
yeah,
if
you,
if
you're
interested
in
in
our
narc
a
tool
set
for
building
zero
knowledge
circuits
that
consensus
and
others
have
been
working
on
and
it's
it's
a
patchy
open
source,
corporate
friendly
friendly
providers.
E
Wants
to
want
some
posts
anybody
wants
to
post
that
to
to
to
the
youtube,
so
people
can
can
can
take
a
look
at
it.
E
B
So
that's
I
just
wanted
to
make
sure
people
were
following
along
luis
and
the
other
thing
is
the
net
of
what
you're
talking
about
right
is
people,
if
anybody's
not
really
into
the
code
here
you're
talking
about,
if
you,
if
you
want
to
enforce
these
these
rules,
like
must
be
over
zero
things
like
that.
If
you
wanted
to
do
that
on
a
public
blockchain,
you
you'd
be
exposing
these
rules
to
public
scrutiny,
and
that
might
give
things
about
what
you're
trying
to
do
with
each
other
away
right.
B
The
rules,
the
data
is
not
the
only
thing
you
need
to
keep
private.
You
need
to
keep
the
rules
sometimes
like.
If
I'm
giving
you
a
discount
or
things
like
that,
or
you
know,
sometimes
the
rules
can
give
away
as
much
about
what
you're
trying
to
do
between
companies
as
the
data
itself,
and
that's
the
point
of
all
this
right.
B
A
E
Quick
question:
louise:
can
you
and
and
that's
my
my
ignorance
of
gennaro,
can't
you
do
like
a
struct
instruct?
E
Can
she
use
a
struct
in
a
in
a
struct?
I
think
you
can.
E
And
would
be
if
you,
if
you
wanted
a
stinger
for
a
nerd
like
yeah?
No,
but
it's
like
no!
No,
because
because,
because
you
have
like
you,
know
signature,
you
know
you
have
like
three
signatures
and
if
you,
if
you
use,
if
you
use
a
struct,
the
signature
struct,
you
can
add
as
many
signatures
as
you
want,
and
it's
only
constrained
based
on
the
base
or
you
you
constrain
it,
based
on
based
on
a
on
a
parameter
that
you're
that
you're,
that
you're
passing
passing
and
otherwise
the
the
circuit's
gonna
is
gonna
go
haywire.
E
But
it's
like
that's
that's.
That
might
be
a
way
how
to
yeah
exactly
it.
That
might
be
a
way
how
to
to
extend
the
number
of
the
number
of
signatures
right.
So
you
have
a
you,
haven't
you
have
an
upper
size
so,
but
anything
from
you
know
one
two
and
whatever
that
that
end
is
that
it's
a
fixed
number.
If
you
can,
then
you
can
relatively
easily
add
add.
Add
that
make
that
extension
make
that
more
flexible.
E
F
C
Then
it
seems
look
forward
to
seeing
how
that
how
that
works
out
in
this
case.
B
F
Okay,
and
so
the
the
first
rule,
that
is,
the
circuit
checks,
is
that
the
values
should
be
greater
than
zero.
It's
a
easy
one,
and
then
we
have
to
do
some
some
strategy
here
to
be
able
to
to
prove
that
the
smallest
quote
was
that's
the
way
the
quote.
F
The
accept
code
was
the
smallest
one
between
the
three
quotes
that
we
had
and
like
the
ginark
doesn't
have
a
function
that
you
can
just
like
check
if
it's
greater
or
less
than
or
equal
a
value
and
compare
two
values,
so
we
had
to
to
not
just
check
if
they
are
less
or
equal,
but
we
had
to
to
do
some
f
to
to
do
some
math
and
check
the
value
which
one
is
the
smallest
one.
If
the
accept
code
is
was
the
smallest
one.
Otherwise
we
couldn't
do
that
in
just
one
line
of
code.
F
B
C
Yeah,
that's
definitely
not
very.
That
was
good.
F
The
value
that
you
sent
to
this
circuit
is
unique
for
the
that
specific
bond
so
and
then
we
just
the
rest
of
the
code
is
just
to
to
work
with
signatures
and
and
hash.
So
when
you
build
this
secret,
the
counterparty
one
two
and
three
go
back
to
destruct
the
using
what
is
public.
When
you
finish
building
the
circuit
you
are
able
to.
If
you
well,
you
are
going
to
have
the
public
key
from
counterpart,
one
two
and
three
so
using
the
public
key.
F
You
know
for
sure
that
the
quotes
that
were
that
are
inside
the
secret
was
signed
by
count
by
one
two
and
three
and
with
the
bond
value.
We
know
for
sure
that
it's
those
code
was
for
this
specific
bond
and
only
like,
if
counterparty
one
is
the
winner
called,
and
he
just
need
to
sign
his
value.
The
quote
that
he
sent
with
his
signature
and
sent
to
this
the
secret
and
it's
going
to
to
return
generic
says
that
it's
passed,
but
it
it's
going
to
return
true
and
the
counterparty
2
and
3,
for
example.
F
If
they
are
not
not
a
winner,
they
are
going
to
send
and
sign
the
value
that
they
have
and
send
to
the
verifying
key,
and
they
will
got.
They
will
get
a
false
return.
So
counterparty,
2
and
3
knows
that
they
are
not
the
winner.
They
they
will
not
be
able
to
know.
If
counterparty
like,
for
example,
the
counterpart
2
will
not
be
able
to
know
if
it
was
counterpart,
1
or
three.
F
That
was
the
has
the
winner
called,
but
he
knows
for
sure
that
he
doesn't
know
have
he
doesn't
have
the
smallest
code
and
that
counterpart
one
and
three
sent
their
code.
So
that's
what
we
proved
with
this
bone
secret
and
we
have
some
tests
also
that
we
have
some
test
case
inside
in
another
file.
B
B
B
So
anybody
that's
getting
excited
about
this,
and-
and
you
know
those
of
you,
the
people
that
will
get
excited
are
the
right
people
yeah.
I
know
it's
a
lot
of
code,
but
that's
what
we're
here,
for
you
know,
give
us
still
the
end
of
the
day
and
then
you
can
go
to
the
baseline
protocol
repo.
Let's
make
sure
we
can
check
that
in
and
accept
it
asap
and
then.
C
Yeah,
I'd
also
love
to
circle
back
and
talk
about
how
helps
you
build
and
use
this
circuit
the
circuit
and
provide
privacy
in
in
bri
one.
I
think,
that'd
be
another.
A
good
follow
up
discussion
and
and
the
worth
worth
of
time.
B
Luis,
I
think
we're
just
punctuating
just
kind
of
the
you
know.
So
when
you're
going
through
code,
people
can
kind
of
lose
attention,
so
we're
just
punctuating
a
little
bit
nick
boris.
What
is
your
thought
about?
Like
you
know,
I
mean
companies,
you
know
banks
like
jp
morgan,
other
bond
companies,
companies
that
are
engaged
in
bonds.
B
I
mean,
if
there's
a
always-on
ledger,
like
you
know
the
main
net
in
and
things
like
base
ledger
that
they
can
drop
these
proofs
on
just
you
know
it's
kind
of
like
the
the
banking
story
we
were
talking
about
yesterday,
where
I
need
to
be
sure
that
a
payment
went
to
somebody
before
I
pay
somebody
and
right
now
you
have
to
go.
Do
a
bunch
of
you
know.
You
have
to
rely
on
someone
platter,
you
have
to
go
and
you
know
do
an
actual
integration
in
each
case
right.
B
B
I
know
that
I
can
pay
this
person
right
the
same
thing
here
if
I
or
similar,
if
I
you
know
if,
if
this
bond
can
place
the
proof,
I
can
use
that
as
a
parameter
into
any
other
business
logic
around
what
I
want
to
do
as
a
result
of
that
right,
all
under
zero
knowledge.
Yeah,
of
course,
do
you
see
banks
and
other?
Who
do
you
see
employing
that
and
how
easy
would
it
be.
D
D
So
transparency
is
a
big
deal
for
like
and
and
that's
where
I
can
see
it
could
be
a
huge
like
advantage
for
the
little
guys,
and
for
the
I
mean
so,
who
would
implement
this
stack?
D
B
Could
you
back
this
up
into
like
a
little
into
a
package
or
yeah
or
server.
B
D
Right
right
I
mean
they
will
help.
They
will
have
to
what
needs
to
be
sold
to
them,
that
they
they
can
trust
it
and
they
understand
what
it
does,
which
is,
which
is
basically
some
type
of
like
high-level
documentation,
both
sides,
basically
the
cell
and
the
buy
side
they'll-
need
to
realize
that,
but
but
that
can
be
yeah
and
and
then
there
was
a
bit
of
you
know
it
it's,
how
will
banks
or
the
larger
the
the
bigger
ones?
How
would
they
react
to
this?
But
that's
that's!
That's!
D
That's
a
different!
That's
a
different
story!
Yeah
because
I
I
worked
for
a
startup
in
2010
that
was
providing
transparency
to
corporate
bonds,
specifically
corporate
bonds
and
credit
credit
derivatives.
Credit
default
swaps
at
the
end
of
it,
basically,
at
the
end
bloomberg
board
took
over
the
product,
so
the
startup
itself.
If
someone
actually
it's
interesting,
it's
it's.
The
product
is
benchmark
solutions.
If
anyone
wants
to
look
into
it,
I
mean
the
company
existed
for
a
couple
of
years
and
then
so
that's
and
it
was
about
transparency.
D
D
B
Right,
yeah,
yeah
yeah,
I
mean
that's,
got
to
be
interesting
to
what
is
the
thing
that
stops
all
these
pocs?
Oh
yeah,
this
is
great,
it's
transparent
but
front
running,
and
everybody
knows
what
they
shouldn't
be.
Knowing
transparency
really
is
we
got
to
find
a
better
word.
A
D
It
but
it's
it's
it's
a
known
thing
for
certain
products.
It's
it's
just!
You
know
it's
it's!
You
have
to
use
different
sources
to
actually
find
out.
What's
going
on.
A
Okay,
very
good
course.
I
would
presume
that
there's
quite
a
bit
of
dispute
claims
that
jp
morgan
and
these
type
of
institution
institutional
organizations
are
having
to
work
through.
Have
you
seen
kind
of
from
the
jpm
lens?
Some
of
the
the
challenges
and
overhead
from
the
speed
claim
perspective.
D
I
I
honestly,
I
don't
know
enough
about
that.
That's
kind
of
like
in
the
back
end,
I
think
a
lot
of
products
are
based
on
very
thoroughly
documented
processes
which
I'm
not
very
familiar
with.
I
I
don't
know
there
could
be
dispute
what
I
know
about
disputes,
it's
it's
when
during
defaults
there
are
disputes,
but
they
they
usually
go
to.
They
go
to.
I
mean
courts
or
things
like
that.
B
B
C
D
A
D
A
There's
certainly
a
number
of
different
values
as
part
of
what
we're
doing
from
a
baselining
perspective,
but
in
the
conversations
that
we've
had
with
servicenow
the
the
reduction
in
claims
disputes
is
top
of
mind
from
the
organizational
perspective
leadership.
The
ceo
of
servicenow
has
talked
about
how
much
they're
working
to
try
to
reduce
claims
disputes
internal
to
their
organization,
and
this
just
adds
like
a
whole
another
level
of
value.
To
doing
so,
absolutely
disputes
are
expensive.
B
A
B
C
B
B
So
you
could
grab
it
and-
and
you
know,
create
the
easy
button
for
you
know
for
for
bonds,
organizations,
insurance
providers
to
do
this
and
fairly
soon
you'll
be
able
to
do
that
and
get
it
on
to
a
public.
A
B
Gas
costs
or
stuff
like
that,
so
very
good
yeah.
So
do
we
have
more
on
on
the
code
side
we
kind
of
gotta.
I.
A
B
Move
on
moving
on
all
right,
so
team
are
you
guys
are
good
to
stop
there,
people
sufficiently
excited,
or
do
you
have
more
to
more
to
more
wonderfulness
to
to
describe
forest
and
and
team.
D
We
have,
we
have
a
whole.
We
have
a
automated
swiss
for
that.
I
think
that's,
that's
a
good
thing,
it's
kind
of
like
yeah,
it's
a
suite
for
for
the
circuit
and
we
are
looking
to
extend
it.
So
it's
kind
of
like
it's
small,
but
it's
it's
doing
its
job.
B
I
think
if
we
went
through
all
of
that,
it
would
probably
take
down
the
rest
of
the
the
meetings.
D
No,
no,
no!
No!
I
just
wanted
to
mention
it,
and
I
I
think
it's
a
good
point
that
andreas
mentioned
about
like
I
know
he
brought
it.
This
is
the
second
time
it
makes
little
sense
that
we
should.
We
should
have
multiple
like
many
counterparties,
because
that
will
allow
us
to
extend
definitely
the
functionality
so
that
that
was
yeah.
Thank
you.
D
B
Yeah
this
is
exciting,
well
done,
and
I
think
the
grant
has
already
part
of
it
has
already
gone
in
payment
to
you
guys.
So
yes,
congratulations
on
that.
D
B
You
yeah,
we
have
actually
nearly
sp
allocated
nearly
all
of
the
initial
grant
money
we'll
be
raising
more.
I
think
people
generally
feel
like
the
grant
program
was
successful,
although
I
think
we
can
learn
how
to
do
it
even
more
efficiently
going
forward.
We
were
a
little
slow
on
some
of
these
allocations.
B
As
the
tsc
members,
you
know
we
got
to
get
a
better
voting
system,
but
in
general
I
I'm
pleased
with
the
projects
that
have
been
coming
out
of
it
so
far
with
that.
Let's,
let's
turn
quickly
to
a
couple
of
psas
one
of
them,
which
is
very
important,
maybe
kyle
and
jack.
You
guys
can
do
the
honors.
B
Let's
talk
about
eth
atlanta,
before
we
move
on
on
to
other
things,
just
to
get
that
in
ethetlana
e-t-h-a-t-l-dot
what
dot
com,
I
believe,
dot
com,
tl.com,
atl.com,
there's
gonna
be
a
lot
of
stuff
you're,
not
gonna.
Wanna,
miss
that
event,
it'll
be
both
it's
online
and
yeah.
You
wanna.
C
Go
ahead
and
talk
about
it
yeah,
so
so
I've
got
a
a
lot
of
amazing
speakers.
You
know
that
they've
confirmed
and
we'll
be
releasing
the
agenda.
Probably
early
next
week
it's
gonna
be
sort
of
in
the
spirit
of
eth
denver.
C
There
will
be
a
hackathon
that
kicks
off
on
friday
around
noon
and
runs
all
weekend
until
sunday
at
noon.
When
judging
of
the
projects
and
bounties
will
we'll
go
out
or
you
know
it
will
be,
will
happen.
C
C
Do
that
in
on
eu
time
and
then
folks
in
the
eu
developers,
and
you
will
also
be
able
to
participate
in
the
hackathon
all
weekend
and
be
eligible
to
to
win
bounties
as
well.
So
there's
gonna
be
hundreds
of
developers
at
this
thing.
A
C
See
what
we
call
the
test
that
I
I
think
it's
you
know
the
the
train
stations
in
in
in
east
world.
You
could
get
like
coven,
you
know.
So
maybe
it's
like
the
base
ledger
marta
test
net.
B
And
traditionally
a
lot
of
big
atlantic
companies.
You
know
real,
not
blockchain,
simply
blockchain
companies,
but
you
know
logistics
firms
and
beverage
companies
and
other
kinds
of
companies
have
you
know,
there's
a
lot
of
business
in
atlanta.
B
On
atlanta,
from
from
a
baseline
perspective,
and
and
we
would
that
that's
a
target-rich
environment
of
companies
that
could
benefit
from
baselining
absolutely
and
that's
the
logistics
hub
of
america.
B
C
C
It
was
crazy,
yeah
sure
it
was
crazy.
The
turnout,
I
think
from
2018
when
we
did
the
first
event
here
and
the
a
lot
of
you
know
that
was
that
was
during
a
pretty
a
pretty
dark
period
in
the
in
the
cycles
of
2012.
C
Yeah,
so
at
any
rate
like
it's,
it
seems
like
the
the
appetites
have.
You
know
have
obviously
changed
quite
a
bit
at
this
point
and
the
event's
gonna
be
reflective
of
that.
B
All
right:
well,
that's
our
psa
for
eth
atlanta,
so
we'll
be
back
here.
Our
team
and
others
will
be
back
here
in
atlanta
again
in
six
or
eight
weeks.
I
guess.
B
All
right,
moving
on
to
the
next.
B
B
So
if
you
want
to
take
the
chairmanship
from
me
I'll
give
you
a
run
for
your
money,
but
I'd
be
very
glad
to
see
nominees
for
that
and
there
will
be
11
positions
up
for
grabs
and,
if
you
haven't
you
know,
all
you
need
to
do
to
be
a
voter
is
have
a
successful
pull
request
into
the
into
the
repo.
That's
all
you
have
to
do.
It
doesn't
have
to
be
a
big
contribution.
B
It
could
be
something
more
than
this
yeah
a
good
spell
check
as
long
as
need
work
yeah.
As
long
as
it's
not
frivolous
that
you
know
something
that
we
wouldn't
check
in
as
long
as
it's
check-in
able
you
get
to
vote
and
so
really
strongly
encourage
everyone
to
go,
and
you
know
look
at
the
docs,
maybe
you
know
improve
a
sentence
in
a
doc.
That
would
be
enough.
B
Obviously,
even
better
is
you
know,
get
into
the
code,
contribute
the
code
talk
to
the
get
on
slack
talk
to
people,
and
you
know
make
a
contribution.
There's
now
you
know
even
some
of
the
biggest
open
source
initiatives
are.
You
know
most
of
the
code
is
written
by
a
small
group
of
people,
but
that
the
the
the
many
people
that
contribute
here
and
there
are
are
vital
to
a
good,
open
source
community.
So
don't
feel,
like
you
have
to
know
everything
get
in
there.
B
A
A
B
A
A
question
about
that
john,
real,
quick
and,
and
quite
frankly,
I
think,
you're
it's
probably
moot
anyway,
but
we're
still
accepting
grant
requests
through
github
right.
We
are
so.
A
B
I'll
check
with
the
board
and
see
if
we
can
include
those
who
have
you
know,
submitted
grant
requests
because
they're
certainly
contributing
yeah,
absolutely
I'll
I'll
double
check
on
that.
Let
you
know
all
right,
okay,
so
that
was
our
second
psa.
B
I
think
those
are
the
two
main
ones
I
had
so
now
we
can
move
on
to
kyle
and
jack
and
andreas.
We
won't.
We
won't
miss
you
at
the
end.
C
B
B
C
Yeah
sure
so,
there's
there's
a
branch
called
bri
one
privacy
and
lucas
rodriguez
has
been
working
with
the
team
on
it.
It
it's
it
features.
You
know
like
a
a
pretty
release-worthy
set
of
the
stack
of
you
know,
version
of
the
provide
stack,
we're
looking
at
auditing
the
stack
so
that
we
can
rev
the
version
to
one
like
a
1.0
release
of
the
stack.
That's
a
pretty
pretty
notable
thing.
C
C
You
know,
enterprise
integration,
you
know
where
you
have
you
have
you
know
middleware's.
You
know
coming
in
and
out
or
going
in
and
out
of
of
environments
that
you
know
we're
starting
to
see
that
become
really
firmed
up
and
so
yeah.
The
adoption
of
this
tech
is
is
happening
and
it's
very
exciting
and
humbling
at
the
same
time,
to
see
to
see
where
we're
at
today.
B
C
A
V12
in
there
yeah
we
all
we
often
talk
about
how
a
lot
of
this
work
has
been
ongoing
kind
of
behind
the
scenes,
and
you
know
it's
not
just
us
talking
really.
It's.
A
A
A
C
B
Hey
speaking
of
which
announcement
now
that
going
to
let
them
know
let
everybody
know
in
the
coming
weeks,
when
people
can
kind
of
pre-start
and
get
get
access
to
the
stack
and
open.
B
And
the
code,
the
code
and
you
know,
pre-test
test
nets
and
all
that
stuff
right.
So
so
developers
that
want
to
go
and
be
in
the
hackathon
will
be
able
to
start
their
engines
before
the
october
1st.
So
keep
your
eyes
on
this
space
ideally
go
to
baseline,
protocol.org
and
and
get
on
the
slack,
and
you
know
just
make
sure
you
got
your
eyes
peeled,
because
there
will
be
an
announcement
before
the
october
first
and
date
for
getting
access
to
the
stuff
that
you
can
start
working.
A
A
Yeah
so
and
hit
the
subscribe
button
smash.
B
B
Of
somebody
who's
hip
and
worth
it
andreas
fry-
you
want
to
do
your
best,
dr
evil,
impression
that
actually,
you
probably
do
it
pretty
well,
it's
my
blockchain
e4.
A
E
E
That's
another,
that's
another!
That's
another
immediate
tick-tock
meme
that
is
is
is
gonna.
Go
viral.
B
A
A
E
E
From
this
room
here
for
a
second
cutting,
it
all
right
check
out
the
proposals
for
incorporating
an
ethereum-based
dip
method
called
the
element
into
bri
one.
There
are
two
new
companies
to
the
ecosystem:
transmute,
who
has
done
a
lot
of
work
in
the
decentralized
identity
space
for
years,
as
well
as
a
newcomer
to
the
space,
spruce
id
who's
going
to
do
the
actual
integration
of
did
elements.
So
there
are
two
things
that
element
needs
to
be
upgraded
to
a
spec,
the
site,
tree
spec.
Why
did
element?
E
Because
the
element
is
not
only
ethereum
based,
but
it's
scalable,
which
means
you
can
generate
10.
You
know
tens
of
thousands
of
dids
a
second
if
you
want
to,
and
that
is
really
really
relevant
when
we're
talking
about
future
mobility,
not
future.
E
Very
soon,
mobility
and
iot
use
use
cases,
including
for
baseline,
because
because
once
you're
talking
about
supply
chain,
you're
talking
about
supply,
chain
provenance
and
especially
across
you
know,
from
the
very
beginning
of
the
supply
chain,
until
delivery
to
the
end
consumer,
there
are
a
lot
of
sensors
a
lot
of
dits
that
are
kind
of
coming.
That's
why
2022
is
going
to
be
the
year
of
the
dead,
so.
C
I
connected
with
ori
actually
after
that
last
that
last
call
we
had
around
that
that
proposal
and
I
it
got.
It
became
clear
to
me
that
what
we've,
what
we've
put
together
in
bri,
one
it
it
looks,
and
it's
sort
of
I
mean
it's
a
bad
way,
bad
analogy,
but
it
sort
of
quacks
like
it
did
enough
so
to
where
we
can
very
quickly
enable
it
to
conform
to
the
the
core,
the
the
standard,
yeah,
the
diff
standard
and
then
w3c.
C
Yeah,
that's
right,
the
w3
yeah
but
yeah
exactly
so,
then
that's
a
quick
win
and
then
I
think
it's
the
adoption
of
of
the
element.
Stuff
is,
you
know
a
logical
next.
B
Step,
I
tell
you
what
I
want
to
see.
I
mean
just
from
a
user
perspective,
you
know,
but
what
2022
I
think
is
going
to
bring
us
thereafter
is,
is
you
know,
you're
in
whatever
you're
in
quickbooks
or
whatever
you
start
typing
in
coca-cola
and
you
and
you
get
kind
of
that
auto-complete
experience,
but
with
a
but
in
a
much
more
verified
and
universal
way
right,
the
universal
phone
book
you
know
without
without
having
to
be
centralized
right,
because
it's
all
resolvable
it
can
be.
You
know
wherever
they
want.
C
It's
in
beer,
I
won
today
and
it's
it's
a.
It
turns
out
that
we're
going
to
be
able
to
leverage
what
we've,
what
we've
built
with
just
a
few.
We
just
need
to
create
a
resolver,
essentially
in
bri
one,
to
enable
to
enable
that
current
pattern
that
we
have
to
be
compliant
with
the
standard
and
then
the
next
step
is
element
for
it.
So
there's.
B
E
Right
so
another
another
important,
not
important
but
like
update,
is
that
we
are
about
to
merge
the
the
last
pr
for
for
the
baseline
protocol
standard,
and
then
we
have
everything
complete
from
core
to
the
ccsm
and
just
the
apis
just
need
to
be.
Then
then,
wrapped
up
also,
there
is
sort
of
like
an
another
psa.
E
If
you
are
a
involved
in
or
interested
in
layer,
two,
the
ethereum
foundation
is
working
on:
creating
a
working
group
center
standards
working
group
within
the
ea
oasis
community
project
to
create
a
layer,
2
standard
copying,
a
lot
of
from
the
from
from
the
baseline
baseline
protocol
and
we're
currently
starting
an
outreach
program
to
not
only
the
layer.
E
Two
stacks
were
insanely
busy
and
really
not
paying
attention
at
the
moment,
but
very
soon,
well,
and
so
we're
we're
trying
to
bring
not
the
ones
but
the
vcs
that
actually
invested
in
them
to
the
table
as
well
as
enterprises
in
order
to
to
to
get
really
serious
about
organizing
the
space,
because
player
2
is,
is
the
way
forward
and
right.
So
there's
there's
also
one
other
one.
Last
thing
that
everybody
should
pay
attention
to
is
the
whole
is
actually.
E
Tomorrow
is
the
big
day
the
the
berlin
hard
fork
is
coming,
which
means
vip
1559,
which
means
we
have
gas
auctions,
and
this
is
going
to
be
a
real,
great
experiment
to
see
what
happens
to
minor
extractable
value.
These
auctions
are
going
to
be
giving
us
an
empirical
hint
to
how
bad
it
will
be
and
how
bad
these
auctions
are
going
to
be
manipulated,
because
they
will,
because
people
can,
because
of
of
total
value,
locked
concentration
in
the
in
the.
E
So
anyway,
so
that
that
is
exciting
as
part
of
the
part
of
the
the
that
effort,
we're
also
going
to
look
at
zero
mev
as
a
as
a
goal
for
for
ethereum
going
going
going
forward
to.
How
can
we
reduce
minor
extractable
value
to
zero,
because
that's
important
for
baseline
too,
if
we're,
if
you're,
on,
if
you're
on,
if
you're
on
ethereum,
because
if
your
transactions
never
ever
gonna
make
it
onto
the
chain?
Because
it's
it's
it's
sitting
in
the
mempool
and
not
getting
included
in
any
block?
Guess
what.
B
If
you're
using
something
like
like
a
base,
ledger
you've
got,
you
don't
have
to
worry
about
price
fluctuations
because,
as
I
understand
it
now
is
this,
is
this
bubbly
yeah
that
you
you?
This
is
a
very
important
thing
to
know
about
this
kind
of
pattern.
You
know
based
on
base
ledger
being
the
first
of
this,
this
kind
of
pattern,
where
you
have
kind
of
an
l2
for
baselining
those
proofs
and
those
you
don't
have.
B
If
you're
paying
it
costs,
you
don't
want
the
cost
of
yeah
any
kind
of
token
to
go
going
up
or
down
to
change
the
price
of
your
it
stack
and
the
way
this
works.
As
I
understand
it
now,
yeah
that
stays
stable,
so
it'll,
you
know-
and
I
guess
governance
will
allow
you
to
the
those
those
the
per
per
top
code
pricing
to
go
up
and
down,
but
in
a
predictable
and
same
sort
of
way,
not
in
a
not
based
on
something
mooning
or
whatever.
It
was
again.
B
And
that,
and
that's
where
the
caught,
what
andreas
was
talking
about
with
the
new
with
the
new
update,
will,
will
reduce
the
cost
for
the
base.
Things
like
base
ledger
pushing
those
anchors
to
the
to
the
l1
yeah
right,
but.
A
B
C
B
It's
really
cool,
hey
we're
out
of
time.
I'd
be
fading
the
music
in
at
this
point,
but
we
don't
have
any
here
from
atlanta,
so
everybody
any
any
last
words
for
anybody.
A
Thanks
everybody,
you
know
this
is
my
first
first
trip
out
of
the
office
in
like
18
months,
and
it's
just
I'm
so
giddy
with
excitement
being
in
the
same
room
with
real
people.
I.