►
From YouTube: Community call, Plasma Pay x CasperLabs
Description
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A
Labs
on
today's
call,
we
will
be
talking
about
the
partnership
with
plasma
pay
and
casper.
We
are
joined
in
today's
call
by
elia
from
plasmapay
and
ashok
and
neil
from
casper
labs.
We
will
have
a
q
a
at
the
end
of
the
salt
call.
So
please
drop
any
questions
you
may
have
in
the
youtube
comments
on
discord
and
telegram
thanks
for
joining
everyone,
and
I'm
passing
it
off
to
you
meta.
B
B
We'll
start
off
with
a
round
of
introductions,
those
of
you
that
know
me.
I
am
metta
parlikar
cto
and
one
of
the
co-founders
of
casper
labs
and
I'll
turn
it
over
to
ashok.
Who
can
announce
talk
about.
C
Hi
hi
everybody
hello
from
sunny
san
diego,
my
name
is
ashok
ranadive.
I
lead
the
professional
services
part
for
meda.
D
Hey
everyone
you
have
neil
here.
I
work
on
the
business
development
team
for
casper,
which
encompasses
everything
from
investor
relations,
strategic
partnerships
and
also
working
closely
with
ashok
and
meta,
with
the
projects
and
partners
that
are
building
on
our
network.
E
Hi
everyone
that's
idia,
founder
and
ceo
of
plasma
pay
and
plasma
finance.
Thank
you
for
having
me
today,
it's
very
cool
to
be
here
on
the
community
call
of
casper.
B
Thanks
so
much
for
joining
us
today,
we're
really
excited
about
our
partnership.
You
know,
as
everybody's
familiar
the
opportunities
in
d5.
Have
the
entire
space
really
excited,
particularly
with
you
know,
bitcoin's
recent.
You
know
huge
rally
to
over
fifty
thousand
dollars
and,
of
course
we
see
a
lot
of
congestion
on
ethereum
right
now,
so
we
feel
that
we're
very
well
poised.
Given
you
know
what
casper
can
bring
to
the
space
around
the
opportunities
for
d5
right,
so
we
have
unique
value
propositions
around
protocol
governance.
B
We
believe
that
all
software
needs
to
be
governed,
and
you
know
it
becomes
even
more
critical
with
decentralized
protocols
that
you
have
transparent
and
you
know,
governance
tools
that
can
actually
leverage
the
the
security
and
transparency
of
the
blockchain
and
that's
something
that
casper
brings
elia
I'd
like
to
hear
from
you.
You
know
how
does
plaza
pay
help
in
making
d5
accessible
and
developer
friendly
and
talk
a
little
bit
to
us
about
what
are
some
of
the
value
proposition
that
define
that
plaza
pay
brings
the
table
in
the
space.
E
Yeah,
thank
you
very
much
so
yeah
we
are
on
the
market
since
2017,
so
we
saw
a
lot
of
situation
on
the
cryptocurrency
market
and
like
growth
and
a
lot
of
things
and
for
the
for
the
past
few
years.
Our
main
mission
on
this
market
was
to
build
some
very
convenient
ui
in
ux
for
for
the
retail
users
for
the
mass
market
and
try
to
help
for
the
cryptocurrency
adoption
for
the
masses,
so
we're
working
on
the
plasma
bay
three
years
and
we
built
one
of
them.
E
I
think
strongest
player
on
the
cryptocurrency
wallet
market.
We
support
a
few
currencies
now
and
also
we
build
a
biggest,
maybe
one
of
the
biggest
fiat
on
and
off
ram
breach.
So
this
is
a
like
a
huge
benefit
that
plasma
paid
right
to
give
to
the
whole
cryptocurrency
community
and
now
the
country
life
community.
E
So
now
we're
working
with
the
visa.
Mastercard
we're
working
with
the
banks
and
e-wallets
all
over
the
world.
E
First
part
of
our
apprenticeship
and
integration
with
the
casper
lab
will
be
to
provide
you
our
ability
to
ramp
classical
finance
like
a
fiat
and
banks
with
a
casper
lab
ecosystem.
E
So
using
our
infrastructure,
the
community
and
your
users
will
be
able
to
purchase
casper
lab
token
and
the
further
tokens
that
will
be
built
on
the
casper
blockchain
or
with
a
just
a
credit
card.
So
I
think
it's
a
it's
a
big
benefit
for
the
whole
community
and
like
of
cryptocurrency
market
and
especially
for
the
casper
labs.
B
Definitely
definitely,
you
know,
that's
super
exciting.
Let's
dig
in
a
little
bit
into
what
the
integration
is
going
to
look
like
and
how
it's
going
to
work
right.
So
we're
gonna
be
working
closely
together
with
plasma
plasma
pain,
plasma
chain
with
the
casper
network,
and
this
will
provide
users
of
the
casper
network
and
fiat
on-ramp
and
off-ramp
right
and
wallet
solution.
So
can
you
talk
a
little
bit
about
what
you,
how
you
see
this
on-ramp
working
and
give
us
give
us
a
little
bit
of
technical
details?
E
Okay,
yeah,
thank
you
so
now
we're
working
like
mostly
using
a
serum
infrastructure,
because
this
is
like
a
core
defy
ecosystem
right
now,
with
a
like
99
of
liquidity
on
the
market
that
just
collected
on
this
blockchain.
So,
first
of
all,
we're
trying
to
build
a
bridge
just
and
one
of
our
solutions
called
the
hyperloop,
so
this
bridge
will
breach
the
ethereum
blockchain
binance,
marching
plasma
and
I
hope
casper
live
blockchain.
E
So,
with
this
breach,
we
will
be
able
to
move
different
liquidity
and
cans
and
lp
tolerance
between
the
blockchain.
So
the
liquidity
will
move
much
smoother
between
the
blockchains.
E
So
the
second
step
for
us
is
to
build
in
the
different
decentralized
exchanges
on
on
the
different
blockchains
and
bridge
them
also
and
with
the
part
with
our
partnership
with
the
casper
lab
we're
gonna
list
the
token
in
the
plasma
swap
plasma
digitalized
exchange,
so
this
liquidity
source
will
be
used
for
people
who
want
to
buy
a
casper
lab
with
a
credit
card
or
bank
wire.
So
our
fiat
on
ramp
system
is
directly
integrated
with
a
dex
infrastructure,
so
you
will
get
almost
like
infinitely
infinity
liquidity.
E
For
for
your
token,
and
it
will
give
like
a
huge
opportunity
to
buyers
who
want
to
buy
the
stock
with
any
like
fiat
mess
that
plasma
based
support
these
days
and
another
big
part
of
this
partnership
is
wallet
integration,
because
I
think
that
one
of
the
major
goals
for
the
for
the
new
blockchains
is
to
spread
their
infrastructure
on
on
the
different
levels
with
the
different
partners
and
to
support
the
casper
lab
wallet
with
our
official
plasma
bay
application.
E
It's
one
of
the
I
think,
major
and
like
most
important
piece
of
our
upcoming
partnership,
so
plasma
pay
basically
focusing
on
the,
as
I
said,
the
fiat
on
ram
and
the
payment
infrastructure.
E
So,
with
this
kind
of
integration
between
plasmapan
casper
lab
and
supporting
the
official
casper
wallet
for
the
blockchain,
the
users
will
be
able
to
use
this
token.
Also
inside
the
infrastructure
of
plasmapay
and,
for
example,
the
merchants
that
today,
using
the
plasma
pay
as
a
payment
gateway
on
their
website.
They
will
also
be
able
to
use
a
casper
tokens
to
to
make
a
payments.
So
it's
also
a
part
of
adoption,
casper
infrastructure
for
the
payment
infrastructure,
like
a
global
payment
service.
B
C
The
timeline
is,
is
around
a
month's
time.
We
kind
of
working
through
the
details
of
you
know
what
what
would
be
the
roadmap
in
terms
of
what
should
come.
First,
I
think
in
a
month's
time,
we'll
actually
start
coding
and
starting
the
integrations
with.
I
think
the
first
step
would
be
the
interoperability
and
then
moving
on
to
the
fiat
rams.
B
The
community
about
the
integration-
I'm
sorry,
I
didn't
mean
to
interrupt,
go
ahead.
Please.
E
Yeah
yeah,
I
think
like
for
us.
Maybe
one
of
the
first
steps
will
be
on
board
the
casper
on
our
theater
on
ramps,
and
we
are
like
we're
looking
forward
for
for
the
listing
of
casper
lab
on
the
big,
centralized
or
dead,
centralized
exchange
in
upcoming
months.
E
So,
with
this
launch,
you
will
be
able
to
support
instantly.
You
will
be
in
the
whole
of
our
infrastructure
for
fiat
on
and
off
ram.
B
D
B
We
can
definitely
talk
about
that,
so
you
know
cspr
operates
very
similar
to
eth,
in
that
it
will
be
used
to
pay
validators
for
the
work
that
they
do
as
well
as
to
you
know,
pay
for
transactions
on
the
network
right.
So
it's
a
utility
token.
In
that
regard.
It
also
is
a
staking
token.
It
can
be
used,
for
you
know,
providing
security
on
the
network
right,
validators
and
delegators
can
stake
their
token
and
use
the
token
to
vote
on
blocks
in
consensus
right.
B
So
that's
really
the
utility
of
the
token
ashley
do
we
have
any
questions
specifically
about
the
plasma
pay
integration
and
then
we'll
go
to
general
community
questions
for
after
the
update.
C
While
ashley's
checking
that,
I
think
I'll
probably
make
this
one
comment
that
you
know,
one
of
the
core
tenants
for
casper
labs
has
been
decentralization
and
and
integration
with
plasma
pay
is
really
a
right
step
in
that
direction.
We
want
to
make
sure
that
the
platform
is
available
to
as
many
peoples
and
we
remove
the
hurdles
from
the
users
to
kind
of
get
to
casper
using
casper
technology,
and
you
know
that
that's
that's
a
great
step
in
the
right
direction.
For
us.
D
I
also
have
a
question
for
elia.
You
know
ellia,
you've,
you've
been
versed
in
the
space
of
d5
a
lot
and
and
I'd
love
to
know.
You
know
what
aspect
of
d5
has
been
the
biggest
obstacle
in
terms
of
institutional
adoption.
Where
do
you
think
that
the
industry
really
needs
help?
Is
it
is
it
the
fiat
ramp
side
or
is
it?
Is
it
the
gas
fees?
Where
do
you
see
the
biggest
hurdle
right
now.
E
Is
a
big
problem
now
because
we
know
like
all
major
and
biggest
exchange
now,
except
some
of
them
credit
cards,
some
of
them
paypal's
or
bank
wires.
So
I
think
the
the
major
problem
for
the
adoption
of
g5
now
is
the
complexity
of
holocaust
system
of
ui
and
ux,
because
when
even
the
cryptocurrency
user
come
in
the
d5
space,
they
it's
it's
pretty
hard
to
understand
how
it's
all
working
and
how
to
use
it
and
how
not
to
lose
your
money
because
you're,
not
trading
as
like,
as
with
any
usual
token,
you
providing
the
liquidity.
E
You
you
mind
this
liquidity,
so
you
do
it
very,
not
many
like
unspecific
things
on
this
d5
market.
So
we
here
in
the
plasma
plane
plasma
finance,
try
to
solve
this
first
problem
of
complexity
of
the
market
to
make
some
more
like
universal
ui
in
use
for
the
like
normal
user
experience
on
this
market.
E
Try
to
do
a
market
education
for
people
to
explain
how
all
this
works-
and
this,
I
think,
is
like
a
first
step
of
adoption
of
of
different
market
for
the
masses,
and
I
think
the
second
one
is
it's
more.
Like
a
professional
part
of
the
of
the
d5,
because
now
we
only
see
a
lot
of
protocols
on
the
market,
but
we
don't
understand
deeply
how
it
works
inside.
So
we
have
a
very,
very
limited
developers
or
like.
E
Analytics
who
can
understand
this
processes
inside,
but
it's
critically
important
to
build
their
right
like
a
d5
portfolio
for
the
investment
companies
for
the
for
the
hedge
funds?
So
that's
that's
like.
E
Provide
their
market
more
like
a
deep
historical
data
and
charts
to
give
traders
the
ability
to
make
their
decision
based
on
the
big
data
and
numbers
and
also
I
have
a
question
to
the
casper
lab
team
because
the
dfi
it's
it's
now,
it's
it's
a
big
hype
and
it's
it's
really
a
next
big
step
for
the
whole
cryptocurrency
market,
so
how
the
casper
lab
and
like
your
upcoming,
blockchain
and
infrastructure.
How
do
you
see
yourself
in
the
in
the
whole
like
a
device
base?
E
What
position
do
you
wanna
this
market.
B
Yeah,
that's
a
great
question.
It's
an
excellent
question.
We
get
that.
We
get
asked
that
question
a
lot,
so
ics
is
being
a
pretty
big
player
in
the
d5
space.
One
gas
fees
and
ethereum
have
just
become
untenable.
B
I
heard
from
actually
one
of
the
members
of
our
team,
that
is,
that
participates
in
a
lot
of
d5
protocols
is
like
well.
I
I
want
to
sell
some
of
my
token,
but
the
gas
fees
are
too
high,
so
I'm
just
not
going
to
sell
it,
and
that
becomes
very
problematic
right
and
when
you
start
thinking
about
that,
it's
actually
excluding
participation
from
people
that
want
to
get
participate
in
cryptocurrency
and
they
can't
so.
B
B
The
second
thing
that
I
see
is,
I
think,
in
the
defy
space.
We
provide
tools,
like
I
said
earlier,
for
protocols
to
really
govern
themselves
effectively
and
those
of
us
that
are
in
the
space.
We
know
that
decentralized
governance
is
really
really
important
around
the
sustainability
and
success
of
a
protocol
right
and
when
you
talk
about
governance,
I
think
a
lot
about
how
do
upgrades
happen,
who
is
involved
in
the
upgrade?
How
fluid
is
this
is
the
upgrade
centrally
controlled?
B
Even
if
a
contract
is
immutable,
you
you
run
into
challenges
right
in
basically
maintaining
and
managing
that
contract.
In
terms
of
who,
can
you
know
how
these
protocol
updates
happen?
So
I
see
casper
as
really
being
able
to
step
into
the
stage
you
know
with
some
of
these
advanced
features
that
we
have
and
greater
accessibility.
B
Yeah,
of
course,
any
other
questions.
A
So
this
is
for
plasmapay.
One
question
was:
what
are
some
features
of
plasma
plasma
pay
that
makes
it
ahead
of
its
competitors.
E
We
like
a
plasma
paid
tried
to
compete
in
visit
with
a
major
payment
platform
like
a
paypal
stripe,
so
our
I
think
the
main
competitor
advantage
is
that
we
are
combining
the
fiat
accounts
and
the
cryptocurrency
account
in
one
place.
So
it
but,
and
also
the
cryptocurrency
accounts,
is
non-custodial.
E
So
it's
the
first
time
on
the
market
when
the
company
and
product
can
combine
both
classical
like
a
fiat
payment
system
and
with
a
with
a
current
processing
and
cryptocurrency
account
with
a
blockchain
processor.
So
I
think
this
is
a
a
major
benefit,
and
this
is
how
we
try
to
educate
the
market
and
educate
the
big
retailers
and
the
e-commerce
that
they
can
use
now
as
an
option
for
payment,
also
cryptocurrency,
processing
and
different
cryptocurrency
as
an
option
to
accept
payments
on
the
system.
B
B
You
know
as
overlap
between
e3.0
and
and
you
know,
casper
right,
so
there's
a
pretty
significant
overlap
with
what
ethereum
3.0
is
planned
to
be
and
what
we
are
building.
B
B
All
right
can
everyone
see
my
screen?
Yes,
all
right
excellent,
so
the
team
has
started
the
third
weekly
sprint
of
the
21.03
release
cycle.
It's
a
sprint.
11.3
and
21.03
marks
the
first
production
version
of
the
casper
protocol,
so
this
is
going
to
be
the
release
that
we
intend
to
go
to
mainnet
with
this
release
focuses
a
lot
on
protocol
upgrades
performance
and
hardening
improvements
and
we're
also
going
to
complete
our
integration
with
a
custody
provider.
So
the
announcement
around
the
custody
provider
will
come
later.
B
It's
we
have
a
lot
of
exciting
announcements
that
will
be
hitting
the
community
over
the
next
24-48
hours
so
very
exciting.
There.
The
delta
test
net
is
running
0.76
of
the
rust
node.
The
current
status
for
delta
we've
got
a
block
height
of
about
95.80,
with
75
validators
in
the
slot,
but
412
bids,
so
412
people
have
actually
our
entities
have
actually
submitted
a
bid
into
the
auction.
B
This
is
wonderful
to
see
because
this
means
that
if
any
of
those
validators
drop
out,
there's
400
people
ready
to
take
their
slot.
This
is
really
the
idea
of
decentralization
where
we
know
that.
There's
a
long
line
of
individuals
that
are
ready
to
hop
in
on
a
slot
once
as
soon
as
one
becomes
available.
B
Our
current
focus
is,
you
know,
performance,
hardening
and
production
engineering
work.
We
are
working
on
what
we
call
social
consensus,
emergency
restart
and
a
joiner
around
that
and
upgrading
right.
So
this
is
these
are
all
tied
together,
and
this
is
basically
that
in
the
event
that
there's
ever
a
need
for
us
to
restart
the
protocol,
we
have
a
way
that
the
validators
can
restart
the
protocol.
B
They
can
come
to
consensus
on
what
the
last
safe
block
is
and
basically
resume
the
protocol
from
that
from
that
point
forward-
and
this
is
really
important
right-
it
would
be
reticent
of
me
to
launch
a
protocol
without
subway
to
pull
a
rip
cord,
because
we
just
don't
know
with
a
permissionless
protocol
what
potential
attacks
could
be
out
there.
We
think
we've
thought
of
everything,
but
you
know
how
it
is
in
the
space
right,
so
high
priority
is
to
be
able
to
upgrade
and
recover
the
protocol
in
the
event
of
a
critical
failure.
B
Sre
and
tests
really
focused
on
supporting
test
net,
as
well
as
creating
the
mainnet
devnet
and
test
net,
basically
separate
your
firewalls
right,
so
we
don't
run
into
any
of
these
issues
where
one
version
of
the
software
could
potentially
bleed
or
interact
with
another
right,
because
we
know
that
these
nodes
do
state
synchronization,
so
we're
basically
firewalling
off
three
def
different
environments.
B
For
each
of
these
separate
concerns,
casper
labs,
the
entity
will
not
be
running
a
validator
node
in
mainnet
mainnet
will
be
launched
by
the
validators
I'll
talk
a
little
bit
about
that,
and
what
that's
going
to
look
like
closer
to
the
end
of
my
update,
we're
also
spending
a
lot
of
time
with
nctl
and
s
test
to
basically
set
up
a
nightly
integration
test
harness
so
that
off
of
master
will
be
running.
Like
you
know,
a
multi-hour
large
network
test
using
nctl,
smaller
network
tests
and
large
network
tests
every
night.
B
This
is
again
is
to
prevent
against
regressions.
The
engineering
team
is
shifting
the
way
they
they
operate.
Now
we
will
be
using
more
feature
branches,
a
lot
more,
very
measured.
You
know
changes
to
release
branches,
so
we're
moving
into
a
mode
where
we're
going
to
be
supporting
a
lot
more
release,
branches
and
patching
of
releases
right.
So
it's
a
different
way
of
operating
where
we're
going
to
be
implementing
a
much
much
more
stringent
chain,
what
we
call
change,
control
process
or
change
management
process.
B
Now
we've
also
cut
an
offer
to
a
release
manager
who
comes
from
a
very
large
credit
card
processing
company,
who
is
very
familiar
with
this
type
of
process
right,
so
they're
going
to
really
enforce
a
lot
more
release
management
and
change
management
processes
on
us.
So
we
are
very
explicit
about
what
change
goes,
where
again,
really
really
important
as
you
move
into
production
production
mode
right,
that's
what
we're
making
the
shift
to
on
the
ecosystem
front.
We've
got
some
javascript
sdk
enhancements
that
we
need
to
put
forth.
B
B
B
Looking
for
that,
yep
that's
great
and
then,
of
course,
lots
of
great
work
on
casper
courses.
Look
for
some
two
new
videos
that
are
going
to
be
hitting
our
youtube
to
help
walk
through
smart
contract
developers
in
terms
of
getting
started
and
some
really
great
new
tutorials.
That
ulia
has
created
one
of
these
days.
Uli.
I
want
you
to
do
a
walk
through
those
during
the
community
call.
So
you
know
just
a
high
level
overview,
so
people
can
get
a
flavor
of
what
of
some
of
the
great
work
you're
doing.
B
Yeah
they'll
be
great.
I
would
really
love
to
see
that
on
the
contract,
runtime
we've
got
alternative
bids
storage
scheme.
These
are
and
we
refactored
that
meant
to
use
stored
value
balance
types.
This
is
a
basically
an
optimization,
a
disk
utilization
optimization
and
a
performance
optimization
around
the
contract.
Runtime.
We
have
a
lot
more
work
around
the
contract,
runtime
that
we're
going
to
be
doing
even
now
in
advance
of
mainnet
that
are
performance,
enhancements
and
optimizations.
B
B
So
those
of
you
that
are
participating
in
the
test
net
and
you
provide
staking
services,
please
do
send
an
email
to
ashok
at
casper
labs
ashok
will
let
you
know
he
received
your
email
and
put
together
a
package
that
describes
your
services
for
staking
and
we
will
present
you,
alongside
all
the
other,
staking
providers
to
the
vfta
participants.
So
you
know,
maybe
they
can
stick
with
your
with
your
validator
on
launch,
so
I'm
very
excited
to
talk
about
launch.
We
are
going
to
begin
the
process
of
creating
the
genesis
block.
B
I
will
be
fully
focused
on
the
genesis
block
over
the
next
couple
of
weeks.
Basically,
neil
ashok
and
I
are
working
on
this.
If
you
get
an
email
from
us
about
your
vfta
tokens,
please
respond.
We
need
to
hear
from
you.
There
are
several
things.
We
need
to
start
getting
ready
for
one.
We
need
to
validate
balances,
so
you
need
to
come
check
in
with
us
on
the
number
of
tokens
that
you're
expecting
to
receive
two.
We
need
you
to
create
your
keys.
You'll
need
to
create
your
keys
using
the
rust
client.
B
B
We
will
need
to
create
the
start,
these
starting
balances,
along
with
your
starting
addresses,
and
will
need
to
know
who
you're
going
to
stake
your
tokens
with
right.
So
we
need
to
start
communicating
really
actively
with
you.
The
there
will
be
an
opportunity
for
everybody
to
approve
their
starting
balances,
both
in
the
actual
genesis
accounts.toml.
B
B
We
are
planning
for
a
release
candidate
on
march,
8th,
we're
planning
for
a
trial
run
with
the
genesis,
validator
set
and
the
genesis
block
on
march
9th
and
we're
going
to
want
to
make
sure
that
everybody
is
ready
to
go
and
they
understand
how
to
run
and
monitor
their
node
in
this
network.
We
are
targeting
march
15th
for
launch,
so
I
want
the
validators
to
be
the
one
to
launch
the
network
right.
It
will
be
all
about
their
comfort
level.
B
The
participants
will
need
to
sign
off
on
the
genesis
block
the
accounts.tml
and
the
validators
will
need
to
sign
off
on
the
node
software.
So
a
lot
of
work
to
be
done
here,
a
lot
of
people
that
need
to
get
familiar
with
the
system,
so
we're
ready
to
go
for
march
15th,
but
very,
very
exciting
times
ahead.
A
Yes,
well,
this
is
back
to
plasma
pay.
If
that's
okay,.
B
C
We
are
very
early
in
the
stage,
but
maybe
earlier
you
can
talk
based
on
your
prior
experience
of
you
know,
integrating
any
other
blockchain
how
much
time
it
has
taken.
E
We
just
run
a
node
of
casper
and
do
a
very
basic
integration,
but
if
it
goes
further,
for
example,
if
the,
if
we
decide
to
integrate
the
casper
in
the
in
the
payment
infrastructure,
so
casper
can
be
used
as
a
as
a
like
token
for
the
payments
between
merchants
and
customers,
then
such
integration,
I
think,
takes
another
one
and
a
half
months
for
the
theatrical
ramp.
E
It's
it's
a
pretty
simple
integration
from
our
site
and
it
usually
takes
from
one
to
two
weeks
so
depends
up
when
the
caster
lab
will
be
ready
for
the
fiat
on
ramp.
I
think
we
we
will
do
it
pretty
fast
and
I
hope
we
start.
A
And
then
one
more
question
for
plasmaplay
is
plasma
pay
similar
to
dharma.
E
I
don't
think
that
we
similar
to
dharma
our
model,
is
more
closer
to
the
people,
so
we
provide
a
service
for
individuals
and
e-commerce
for
processed
like
global
payments,
using
the
different
assets,
fiat
or
cryptocurrency.
So
I
think
dharma.
E
T5
focused
firm
and
and
the
plasma
bay.
Now
it's
more
a
payment
service
provider.
A
Great,
thank
you.
The
next
questions
are
more
for
casper.
Regarding
the
smart
contracts
on
the
casper
blockchain,
I
saw
that
these
contracts
aren't
immutable.
They
can
be
changed,
but
if
a
developer
was
to
create
a
d5
project
with
casper,
could
they
choose
to
make
a
contract?
They
develop
immutable.
B
Thanks
for
that
great
question,
that
is
an
excellent
question.
So,
yes,
absolutely
casper
does
support
immutable
contracts
and
you
know
to
just
kind
of
outline
technically
the
way
it
works.
We
created
a
flag
at
the
point
which
the
contract
is
deployed.
You
basically
state
that
the
contract
cannot
be
upgraded,
so
we
just
created
a
flag
that
allows
you
to
clip
that
clip
that
capability
right.
So
there
is
support
for
immutable
contracts
on
casper.
We
recognize
that
this
is
really
important
for
defy,
and
so
we
ensure
to
provide
that
capability.
A
B
But
if
you
can
imagine
one
of
the
plans
that
we
have
is
to
basically
tokenize
block
space
right,
so
you
can
purchase
space
in
future
blocks
at
a
at
a
price,
and
what
this
will
do
is
enable
businesses
to
budget
for
future
transactions
right
and
you
can
purchase
up
to
six
months
in
advance
and
those
those
basically
that
tokenized
block
space
has
to
be
honored
by
the
validator
right.
B
The
validators
cannot
do
something
you
know
in
protocol,
follow
the
protocol,
and
then
you
know
resell
that
block
space
to
somebody
else
right.
So
this
is,
we
already
have
a
pretty
solid
design
for
this,
and
this
is
a
great
way
to
provide
some
guarantees
around.
B
B
Ultimately,
the
key
to
low
transaction
fees
is
scalability
and
we
believe
that
our
protocol
has
got
a
lot
of
head
room
for
scalability,
which
is
fantastic
and
we're
also
going
to
be
working
on
side
chains
right.
So
the
shy
change
implementation
we
anticipate,
will
be
coming
sometime
in
2021,
maybe
early
2022,
depending
on
how
the
research
goes,
but
side
chains
is
more
or
less
a
solved
problem.
B
A
And
then
one
final
question
from
the
community:
what
is
casper
labs
planning
by
way
of
promotions,
to
encourage
future
adoption.
B
Right,
so
with
respect
to
decentralization,
we
think
that
that's
really
important
right,
so,
whatever
whatever
we
do
around
building
the
ecosystem
and
getting
adoption
for
the
blockchain,
what
we're
planning
for
is
we're
going
to
work
with
the
devdow
right
and
I
believe
we
have
members
of
the
devdao
on
this
call
and
the
dev
dao
is
really
important
in
supporting
decent
the
decentralized
ecosystem
right.
We
didn't
believe
a
casper
that
we
should
control
the
grants
program.
B
You
know
either
at
the
association
or
at
casper
labs,
certainly
not
at
casper
labs,
because
casper
labs
is
a
for-profit
entity
right.
So
we
wanted
to
put
this
in
the
hands
of
a
decentralized
organization,
that's
built
by
developers
for
developers,
and
so
we,
you
know,
we
supported
the
creation
of
the
devdow,
it's
a
self-sovereign
developer
dow
and
they
will
have
their
decentralized
mechanism
by
which
developers
can
apply
for
grants
and
receive
grants
to
support
development
of
the
decentralized
ecosystem
at
large
right.
B
There
isn't
necessarily
any
specific
charter
that
they
have
to
focus
exclusively
on
casper
grants.
You
know,
but
it
is
one
of
the
ways
in
which-
and
we
believe
that
we
can
more
broadly
support
the
adoption
of
blockchain
and
decentralize
the
decentralized
ecosystem
at
large.
B
So
mainnet,
when
it
launches,
will
be
extremely
quiet
right.
Almost
virtually
99.9
of
the
tokens
will
be
locked
up
for
the
first
60
days.
So
when
we
launch
mainnet,
there
really
won't
be
any
transactions
to
measure
right
and
the
blocks
would
be
overwhelmingly
empty,
and
so
for
this
purpose,
when
mainnet
launches.
B
My
strong
recommendation
is
that
we
are
going
to
launch
with
actually
a
pretty
slow
block
time,
and
the
reason
for
this
is
to
not,
you
know,
have
a
whole
bunch
of
empty
blocks
on
the
network
right,
but
my
expectation
is
that
we
will
get
to
you
know
30
to
60
second
block
times,
and
we
have
tested
internally
somewhere
between
a
thousand
to
eleven
hundred
transactions
in
a
single
block,
there's
still
significantly
more
headroom
beyond
that,
but
our
focus
is
going
to
be
on
security
stability.
B
First,
we
want
the
system
to
be
reliable,
secure
and
stable,
and
then
over
time
we
will
continue
to
make
significant
improvements
around
performance.
We
have
a
long
and
deep
backlog
of
performance
related
enhancements
around
the
virtual
machine.
I'm
very
happy
to
report
that
consensus
is
not
the
blocker
in
execution
on
the
system
and
for
me,
that's
really
really
important,
because
the
consensus
protocol
is
very
locked
and
loaded
by
the
mathematical
proofs
right
there
isn't
very
much.
B
We
can
do
to
engineer
consensus
to
be
any
faster
and
consensus
can
merely
finalize
blocks
in
about
four
seconds
right.
We've
done
some
testing,
where
consensus
can
finalize
blocks
very
very
rapidly.
B
The
execution
of
those
blocks
and
updating
of
the
state
try
is
what's
taking
longer
and
about
80
to
90
percent
of
it
is
the
parity
wasm
interpreter
as
an
example.
So
one
of
the
features
we'll
put
in
place
is
to
speed
that
up
by
using
wazimer
right,
so
wasmer
is
a
lot
faster
than
wazami.
That's
a
really
big
lift
in
the
execution
engine,
but
it's
something
that
we
can
plan
for.
We
haven't,
we
have
plans
to
do
it
and
we
suspect
that
we
will
get
a
significant
speed
up
in
that.
B
There's
also
work
that
is
planned
around
how
fast
the
the
validator
reactor
is.
How
fast
gossiping
is
so
there's
a
you
know:
performance
isn't
ever
a
single
bullet
performance
in
any
of
the
places
where
I've
worked.
It's
death
by
a
thousand
cuts
right.
So
there's
a
long
list
of
features
and
enhancements.
We
need
to
put
in
place
to
vet
out
and
suss
out
performance
enhancements,
and
we
will
continue
to
do
that.
Work
incrementally
over.
B
B
And
I
think
that's
a
wrap
unless
there's
any
questions
coming
and
so
people
are
having
questions
about
how
to
run
a
validator
node
if
you
want
to
participate
in
a
validator
node.
So
once
you
once
the
network
decentralizes
right,
the
auction
makes
it
possible
for
anyone
to
spin
up
a
node
lobby
for
a
bunch
of
delegated
state
and
stake
and
join
the
network
right.
We
treat
delegated
stake
and
validator
stake
is
equal
in
terms
of
auction
weights.
B
So
this
provides
accessibility
to
anybody
to
participate
as
a
validator
right,
and
we
believe
that
delegated
stake
broadly
by
the
community
should
play
a
big
role
in
selecting
a
validator
right.
So
we
believe
in
the
end,
delegators
will
basically
be
able
to
sway
which
validators
join
the
network,
and
we
have
we
believe
and
we're
putting
our
faith
in
the
community
that
they
will
select
the
validators
of
the
greatest
reputation
right
so
validate
our
reputation
and
validator
performance
will
ultimately
become
really
important
in
the
casper
network
right.
So
those
validators
that
provide
great
service
run.
B
The
node
honestly
and
provide
great
uptime
will
be
selected
by
the
delegators
on
the
network
and
be
given
greater
weight
and
delegators
will
have
an
incentive
to
do
that,
because
their
rewards
will
be
directly
tied
to
validator
performance.
So
we
are
placing
our
faith
in
the
community
to
you
know
that
they
have
a
strong
incentive
to
have
a
seat
at
the
table,
and
we
encourage
folks
to
you
know,
follow
us
join
us
on
telegram.
Join
us
on
discord
if
you're
interested
in
becoming
a
validator
and
learn
how
to
do
so.