►
Description
Everything EOS is a weekly podcast from ICO Alert that follows the EOS ecosystem: dApp spotlights, VC partnerships, announcements, and more!
—————————————
The ICO Alert Podcast showcases exclusive, in-depth interviews with founders of past, present, and future Initial Coin Offerings. New episodes are released weekly. If you’d like, you can request a guest to appear on a future episode by tweeting us @icoalert
The ICO Alert Podcast is available on iTunes and anywhere podcasts are found.
ICO Alert Podcast: https://blog.icoalert.com/podcasts/home
ICO Alert: https://www.icoalert.com/
Cypherglass: https://www.cypherglass.com/
Twitter: @Cypherglass
A
Welcome
to
another
episode
of
everything:
yes,
I'm
Zack
Gaul
Nico
data
analyst
at
icy
alert.
The
trusted
ICO
discovery
platform
visit,
icy
alert,
calm,
the
most
complete
calendar
of
all
active
and
upcoming.
I
ce
o--'s
to
discover
the
latest
projects
and
opportunities
like
ESI,
oh
and
I'm
here
today,
with
the
founder
of
I
CL
out
and
now
CEO
of
cypher,
glass
and
founder
of
safer
glass,
also
Rob
Finch.
Thank.
B
You
all
so
much
for
joining
us
for
another
episode
of
everything.
Yes,
once
again,
we
do
appreciate
the
feedback
and
comments
that
we're
getting
about
the
show
when
we
read
all
these
positive
comments
on
YouTube
or
SoundCloud
or
wherever
you're
leaving
them,
it
really
gets
us
excited
and
really
gets
us
motivated
to
continue
to
record
awesome
episode.
So
if
you
enjoyed
this
episode,
please
let
us
know
by
either
liking
subscribing
or
following
the
podcast
on
YouTube
iTunes
SoundCloud
Spotify,
wherever
you
may
be
listening
today
on.
A
Today's
podcast
we'll
be
detailing
the
latest
news
and
announcements
around
ASIO,
including
a
major
investment
round
led
by
the
founder
of
PayPal
and
tech
mobile
Peter
Thiel,
along
with
crypto
powerhouse
bit
main.
We
also
cover
some
new
releases
and
tools
from
both
block
1
and
cypher
glass,
as
well
as
iOS
I/o
setting
new
transaction
speed
records
that
are
really
exciting
episode
for
everyone.
Today,
yeah.
B
It's
a
great
episode.
We
hope
you
will
listen
to
the
whole
thing:
lots
of
cool
info
and
a
surprise
guest
for
next
week's
episode
that
you
should
listen
to
to
find
out
through
the
end
before
we
get
started.
I
do
need
to
mention
that
this
podcast
is
not
sponsored.
Kyle
and
I
are
just
super
excited
members
of
the
US
community
who
do
hold
us
tokens
ourselves.
Remember
this
podcast
is
not
to
be
construed
as
legal,
financial,
tax,
professional
or
any
other
kind
of
advice.
A
All
right,
so
we
had
a
big
week
this
week
here
in
the
US
community,
we
had
block
one
make
some
huge
huge
announcements,
the
biggest
one
being
the
latest
investment
round
into
block
one,
which
is
the
company
that
that
built
us
I/o
and
that
that
is
going
to
continue
developing
the
es
ecosystem
and
updates
to
the
es
IO
software.
They
closed
around
the
funding
led
by
Peter
Thiel,
who,
for
those
who
don't
know
he
founded
PayPal
in
1998,
he
has
an
estimated
net
worth
of
around
three
point:
three
billion
dollars.
A
He
was
one
of
the
original
investors
in
Facebook
LinkedIn
Yelp
air
B&B.
In
SpaceX,
he's
he's
a
self-proclaimed
Bitcoin
bull
himself,
reportedly
invested
over
twenty
million
dollars
in
Bitcoin
through
his
VC
firm,
called
Founders
Fund
in
January.
Oh
no,
in
January.
B
A
And
then
he
also
invested
in
a
SAN
francisco-based
project
called
reserve
stable
coin
at
raised
five
million
dollars
in
its
seed
round
that
had
forty
other
funds
involved,
including
the
coin
base
exchange.
So
he
has
a
lot
of
crossover
with
with
a
lot
of
other
projects
and
and
the
other
he's
a
huge
tech
name
himself.
Yeah
I
mean
I
can't
state
that
enough
of
how
much
legitimacy
this
adds
to
the
project
like
if
it
wasn't
clear
to
you
after
the
Eric
Schmidt
VC
partnership,
yeah
and
the
the
galaxy
digital
partnership.
These
are
legitimate
players.
B
Thiel
is
one
of
the
most
well
known
venture
capitalist
in
the
world,
I
believe,
especially
when
it
comes
to
the
tech
space
I
mean
you
mentioned,
he's
an
early
investor
in
facebook,
linkedin
yelp
all
these
other
things,
but
he
actually
still
has
a
board
seat
at
facebook.
Also,
so
he's
a
very
influential
person
in
the
tech
space,
like
you
said,
has
come
out
and
been
you
know,
vocal
about
bitcoin
and
now,
through
this
investment,
a
block
one
is
very
vocal
about
es
what.
A
Year's
I/o
is
trying
to
do
and
block
one
supporting
it
fully
is
they're
trying
to
disrupt
and
to
disrupt
an
entire
industry.
Like
the
tech
industry,
you
you
need
a
wide
global
network
of
connections
to
to
established
companies
yeah
in
an
ideal
situation.
Companies
that
already
exist
and
are
doing
billions
of
dollars
in
revenue.
We
want
them
to
move
the
blockchain.
It's
a
way
to
kind
of
put
those
whispers
in
their
ear
that
they
should
be
doing.
This
I
mean
they
can't
ignore
it.
B
I,
take
a
I
personally,
don't
think
that
Peter
Thiel
in
this
case
is
gonna,
go
to
go
to
Mark,
Zuckerberg
of
Facebook
and
say
hey.
Let's
try
to
move
this
thing
to
blockchain.
Instead,
it
seems
like
based
on
a
recent
telegram
chat
between
Brendan
bloomer
and
then
Dan
Larimer
also
chimed
in
if
you're
not
familiar
Brendan
bloomer,
the
CEO
of
block
one
Daniel
Armour
CTO
the
brains
behind
this
operation,
but
they
were
talking
a
lot
sort
of
about.
You
know
the
purpose
of
ESI
Oh
Brendan
bloomer
has
a
quote
that
says.
B
Over
the
last
year
we've
been
explaining
that
yo
CEO
was
designed
to
be
a
protocol
that
enabled
mainstream
decentralized
applications
to
meet
the
requirements
needed
to
compete
with
large-scale
technology
incumbents
like
Facebook,
uber,
Airbnb
and
other
blue-chip
organizations,
and
then
he
goes
on
to
say
block.
One
is
now
focused
on
internally
evolving
to
leverage
aus
I/o
as
a
foundation
to
disrupt
these
groups
that
are
of
a
different
scale
than
our
crypto
peers
of
the
past.
B
This
is
a
time
consuming
task
to
do
correctly,
but
we're
working
harder
than
ever
to
put
our
best
foot
forward
to
show
change
that
can
only
now
be
realized
by
the
high
performance
capabilities
of
es
I/o.
So
what
this
is
to
me
is
that
they're,
basically
as
an
organization
as
block
one
as
a
DAP
developer,
they're
gonna
go
out
and
try
to
build
the
next
decentralized
Facebook
or
the
next
doober
or
the
next
Airbnb.
That's
decentralized.
If.
A
You've
been
following
our
podcasts,
we
kind
of
share
little
tidbits
of
things,
blue,
Merced
or
Dan
said
they've
been
dropping
hints
like
crazy,
oh
yeah,
about
what
they're
doing
yeah
we've
talked
about
this
multiple
times.
How
we're
hypothesizing
block
one
themselves
are
probably
gonna
build
the
first
like
mainstream
killer,
DAPs
yeah
I
mean
Dan
dan.
Has
the
experience
building
steam
steam
is
just
a
very
junior
junior
level
social
network,
but
that
experience
is
gonna,
be
invaluable.
Building
the
next
level
of
social
network.
A
I
think
what
steam
did
and
does
is
it
allows
someone
to
generate
value
without
actually
for
themselves
without
actually
paying
for
anything
or
buying
anything
right.
So
the
the
the
traditional
on-ramp
to
get
into
crypto
is:
let's,
let's
walk
through
it.
So
first
you
got
to
sign
up
for
coinbase
or
ever
exchange.
You
want
to
do
gemini.
You
got
to
get
your
identity
verified,
which
sometimes
takes
days
mm-hmm
or.
A
Got
to
decide
whether
you're,
not
you
want
to
pay
a
4%
debit
card
fee
or
if
you
want
to
wait
five
business
days
for
your
bank
transfer
to
go
through,
you
got
to
buy
your
Bitcoin,
aetherium
or
litecoin,
most
likely,
Bitcoin
or
etherium.
Then
you
got
to
transfer
that
to
like
a
by
Nance
or
something
to
buy
all
your
smaller
coins.
That
sounds
simple
to
us.
Yeah.
B
A
A
B
A
B
A
To
sell
it,
but
in
an
ideal
world
and
where
we
see
this
whole
industry
heading
is
why
convert
to
fiat
yeah
like
once
we
get
to
the
point
where
you
could
buy
and
sell
goods
without
like
needing
to
use.
Fiat
hypothetically
I
generate
$100
on
of
Steam
dollars.
I've
never
bought
crypto
in
my
life,
I
have
$100
of
steam
dollars,
though,
because
I
wrote
a
couple
of
blogs
that
that
went
viral,
so
I
could
take
that
hundred
dollars
and
I
could
go
on
a
site
like
overstock
comm
overstock.com
uses
shape-shift
to
purchase
things.
A
A
B
A
A
Yeah,
but
if
I
want
to
just
buy
on
a
video
game
and
I,
don't
want
to
spend
hours,
mining
gold
I'll
go,
buy
it
yeah
I'd
rather
spend
the
money,
then
then
spend
the
time
needed
to
collect
that
cool
yeah.
So
you
put
a
dollar
value
on
that
gold.
Let's
say
it's
one:
gold
bar
is
one
dollar
I,
don't
care
what
game
we're
talking
about
if
I
wanted
to
generate
value
for
myself-
and
this
is
a
blockchain
based
game,
we
we
talked
about
the
what's
the
second
life
guy
company
Oh
high.
A
Yes,
so
we
mentioned
that
that
investment
by
Novogratz
into
high
fidelity,
which
the
the
founder
of
Second
Life
it's
a
big
virtual
world
game,
the
mining
stuff
I've
never
played
it.
You
got
to
facilitate
some
sort
of
mining
of
resources.
Now,
if
those
resources
are
blockchain
based,
I
could
use
something
like
shape-shift
for
that
yeah
and
buy
stuff
on
overstock.com.
Yeah
I
could
play
a
video
game
among
gold
all
day
by
just
staring
at
my
screen
and
clicking
like
a
freaking,
robot
yeah,
and
if
I
want
to
create
turn
that
time
into
value.
A
B
I
think
we're
gonna
see
a
lot
of
that.
You
know
a
blockchain
based
game
where
somebody
can
just
hop
on
their
phone
play
a
new
version
of
candy
crush
or
some
game
like
that
and
not
make
money
through
gold.
But
maybe,
oh,
you
got
the
high
score
for
the
day.
Here's
a
bunch
of
tokens
that
are
now
worth
money,
I
think
to
your
point
about
Steam
video
games
could
also
be
that
honor
and
for
a
lot
of
people
into
crypto
into
this
crazy
world.
Yeah.
B
Well,
I
think
going
back
to
disrupting
all
of
these
major
companies
like
the
Facebook's,
like
the
yelps,
like
the
Airbnb
ease,
I,
think
the
only
way
you
can
really
do
that
now,
with
a
company
that
already
has
two
or
three
billion
users
like
Facebook,
is
really
to
add
that
took
an
economics
layer
where
people
are
being
rewarded
in
some
way
for
the
content
they
produce.
So
my
mom
posts,
a
cool
photo
and
all
our
relatives
like
it.
B
Maybe
she
makes
a
couple
bucks
there
or
you
know
she
tweets
something
out
on
the
new
social
media
platform
that
they're
building
and
it
goes
viral
and
she
makes
a
thousand
dollars
so
mm-hmm,
whatever
that's
gonna,
be
I
think
they
have
to
get
the
token
economics
right
in
order
to
disrupt
these
players.
But
if
anybody
can
do
it,
it's
that
a
whole.
A
New
economy
can
be
built,
so
let's
hypothesize
this
Facebook
2.0,
this
next-gen
social
network
exists,
it's
decentralized.
The
Facebook
has
thousands
of
employees,
so
how
do
and
they
have
very
important
jobs.
So
if
you
have
a
big
social
network,
how
do
you
you
need
a
little
worker
bees
and
they
could
be
paid
in
some
sort
of
tokenized
cryptocurrency,
so
like
moderators,
for
instance,
you
got
a
kind
of
arbitrate
on
posts
that
are
determined
to
be
hate
speech
right.
A
B
Yeah,
that's
where
we're
headed-
oh
I,
don't
know
when
well,
I!
Think
I
mean
if
you
think
of
now,
all
of
the
jobs
that
exist
now
because
of
the
internet
and
social
media.
Now
crypto
that
didn't
exist
five
ten
fifteen
years
ago.
Imagine
the
jobs
that
are
gonna
exist.
5,
10,
15
years
from
now,
where
my
child,
in
30
years,
when
he's
grown
up,
may
actually
play
video
games
for
a
living
and
do
it
through
some
tokenized
world
or
may
like
be
selling
I,
don't
know
homes
in
an
in
decentraland
in
some
virtual
reality
world.
A
What
might
be
looked
back
on
as
something
as
big
as
the
Industrial
Revolution
yeah?
The
same
way,
the
Internet
disseminated
information
globally
at
a
high
speed.
The
this
blockchain
revolution
is
going
to
disrupt
the
Trent,
the
transfer
of
value
and
secure
data
transfer
yeah
like
we
were
talking
about
earning
value
through
these
tokens,
but
then
the
other
big
key
selling
point
of
blockchain
is
tokenizing.
A
Transmitting
data
securely
yeah
and
I.
Think
I
used
the
example
before
where,
if
I
could
kind
of
wrap
up,
my
private
Facebook
data
in
a
in
a
little
box
and
I
could
transmit
that
data
to
people
interested
in
like
advertisers.
They
could
pay
me
for
sharing
my
data
with
them
and
I
could
take
it
back
at
any
time.
Yeah.
A
Behind
your
back,
because
everything
would
would
be
immutable
in
the
blockchain
yeah.
If
I
sent
my
tokenized
data
to
someone,
they
wouldn't
be
able
to
pass
that
on
to
someone
else
without
me.
Knowing
about
it
we're
having
permission,
it
would
all
be
done,
programmatically
through
some
sort
of
smart
contract
or
smart
token,
so
so
I
guess
getting
back
to
our
lead-in
topic.
We
kind
of
went
wild
there.
Yeah.
A
B
Sorry
yeah,
if
you
think
of
bit
main
they're,
basically
the
largest
provider
of
Bitcoin
mining
hardware,
but
also
run
the
largest
Bitcoin
mining
pool
in
the
world.
They
on
several
different
mining,
pools,
BTC,
calm
and
and
pool
which
now
have
more
than
50%
of
bitcoins
hash
power.
So
Jihan,
one
bit
main
sort
of
technically,
even
though
they're
incentivized
not
to
double,
spend
or
harm
the
network
in
any
way
now
that
they
control
more
than
50%
of
it.
Technically
they
could
because
they
have
that
control
they're.
B
That
big-
and
it
says
here
bit
main
reported
profits
in
the
range
of
3
billion
to
four
billion
dollars
in
2017
and
that's
profits.
That's
not
that's
not
revenue,
that's
not
gross
revenue,
that's
their
profit
and
their
recent
investment
around
a
400
million
has
them
at
a
valuation
of
twelve
billion
dollars,
which.
A
Into
each
other,
they're
investing
talent,
resources,
money,
I,
don't
think
money
is
even
needed.
So
this
investment
round
from
Peters,
Peter,
teal
and
and--but
main
into
block
one
block-
one
didn't
need
the
Maya.
This
is
a
strategic
partnership.
Solutely.
It
has
everything
to
do
about
the
strategic
partnership.
It
has
nothing
to
do
with
the
money.
I.
Don't
even
was
the
amount
disclosed.
I
read
some.
B
Yeah
people
were
speculating,
but
the
the
actual
amount
was
never
officially
disclosed,
at
least
not
in
that
official
press
release,
but
was
interesting.
I
was
talking
to
a
new
friend
of
mine
who
I
just
got
introduced
recently,
but
who
runs
a
fund
in
China
like
a
crypto
hedge
fund.
I
mean
a
lot
of
way.
He
was
talking
about
he.
You
know
when
this
announcement
came
out.
He
shot
me
an
email
and
we
were
talking
a
little
bit
about
it
and
he
had
a
good
theory
that
you
know.
B
Obviously,
a
lot
of
these
people
may
have
already
been
invested
in
heõs.
Peter
Thiel
was
rumored
many
many
months
ago
to
actually
have
been
in
EOS
in
some
way.
Maybe
that
was
the
sort
of
initial
rumors
of
this,
but
this
is
really
Peter,
Thiel
and
Mike
Novogratz
and
now
bit
main
and
all
these
other
people
trying
to
get
a
piece
of
the
apps
that
block
one
are
going
to
build.
So
if
you
think
a
block,
one
is
the
biggest
app
developer.
B
They
have
ten
percent
of
all
the
US
tokens,
which
means
they
can
use
ten
percent
of
the
network
at
any
time.
Ten
percent
of
those
resources
they
can
power,
adapt
like
Facebook
or
adapt
like
the
next
uber.
So
it's
really
not
about
the
money
it's
about
them
coming
in,
like
you
said,
giving
their
strategic
connections
whatever
it
may
be,
but
also
getting
a
piece
of
the
the
DAPs
that
block
one
is
going
to
build
so.
A
A
thing
I
uncovered
when
doing
a
little
bit
of
background
research
on
bit
main
for
this
podcast
was
that
they
recently
actually
bought
a
controlling
stake
in
the
web.
Browser
opera,
yeah
and
I
I.
Don't
use
opera
I
use
Chrome,
but
after
they
bought
it.
The
latest
versions
of
opera
web
browser
actually
have
a
native
Theory
Mollet
built
right
into
the
browser.
That's
crazy!
A
A
B
A
B
A
B
Yeah
I
mean
one
of
the
big.
This
is
an
interesting
point.
One
of
the
big
topics
in
sort
of
the
Bitcoin
community
in
like
2013
2014,
was
hey.
There's
this
there's
actually
a
financial
layer
built
into
the
core
like
HTTP
protocols
of
the
internet,
that
has
just
never
been
used.
It's
basically
a
way
to
transfer
value
in
some
way,
but
wasn't
really
never
built
out
and
crypto
is
the
perfect
way
to
kind
of
you
know
implant.
B
So
we
launched
something
called
cypher
glass
help.
If
you
get
a
cypher
glass,
cyp,
har,
glass,
comm,
slash
help
right
now.
It's
basically
sort
of
a
beefed
up
frequently
asked
questions
page
you
can
you
know
if
you
have
a
question
about
hey
how
many
tokens
do
I
need
a
stake
or
how
do
I
vote
or
how
do
I
transfer?
B
So
if
you
have
a
new
question
about
iOS
or
crypto
or
whatever,
maybe
you
can
submit
that
question
on
cypher
glass
that
comp
will
answer
it
to
you
one-on-one,
but
will
also
put
it
on
the
website
so
that
what
somebody
else
has
that
same
question.
They
can
just
check
the
page
and
boom
their
questions
answered.
A
So
you
could
also
ask
questions
to
block
one,
because
maybe
cypher
glass
isn't
in
a
position
to
answer
these
questions
because
right
you're
not
privy
to
what
block
one's
doing
and
you
don't
know
what
they're
willing
to
share
right.
Sometimes
I've
looked
through
these
questions
whenever
they
answer
a
question,
so
it
allows
you
to
ask
them
a
question:
do
you
ask
it
on
Twitter
I,
think
I.
A
B
A
And
sometimes
they
will
drop
a
tidbit
that
hasn't
really
hit
a
press
release
yeah
if
you
read
into
it
a
little
bit
so
just
to
get
an
idea.
If
you,
if
you
want
it
I
guess
it
depends
on
your
questions,
boy
finale,
the
good
thing
about
the
cypher
guys
help
just
from
the
little
bit
of
time.
I
spent
on
it
was
it's
kind
of
like
an
all-in-one
FAQ
for
everything.
Yes,.
B
A
B
Yeah
set
for
class
help
is
more
focused
on,
say,
beginners,
so
like
when
you're
new
to
the
crypto
space,
it
can
be
super
confusing
you're
like
how
do
I
get
a
wallet.
Why
does
my
us
wallet
show
I
only
have
tenuous
when
I
have
more?
How
do
I
have
you
air
drops
all
these
different
questions?
We're
trying
to
answer
all
of
those,
the
sort
of
the
questions
that
everybody
has
when
they're
getting
started
and
I
think
the
block
one
are
generally
a
little
bit
more
complex,
like
hey.
A
B
Almost
ready
to
release
glass,
which
is
basically
a
tool
to
make
sure
that
block
producers
stay
independent,
so
right
now
us
is
actually
very
decentralized,
with
21
different
block
producers.
But
if
say
over
time,
a
few
of
those
block
producers,
all
it
takes,
is
8
collude
and
are
either
owned
by
the
same
person
or
have
the
same
vested
interests
and
start
colluding
very
quickly.
That
net
network
can
become
centralized
and
the
whole
thing
kind
of
breaks.
B
So
what
we're
trying
to
do
with
glass
is
just
make
all
the
information
that
these
block
producers
are
putting
out
sort
of
their
level
of
transparency
who
owns
them,
make
all
of
that
public
in
one
place
that
people
can
come
and
view,
and
it
very
obviously
calls
out
people
who
don't
have
that
information.
So
if
you're
a
block
producer,
one
I
won't
name.
That's
in
the
top
21
who
frequently
moves
around
there.
B
Their
producer
infrastructure,
through
Amazon,
Web,
Services,
you're
gonna,
see
that
oh
one
day,
they're
in
the
middle
of
the
ocean
one
day,
they're
in
Brazil
next
to
another
BP,
even
though
that
BP
was
announced
a
long
time
ago.
So
you're
gonna
see
all
of
that.
You're
gonna
see
who's
been
transparent
about
ownership
who
hasn't,
and
we
hope
that
this
tool
will
be
kind
of
used
by
the
community
too,
to
make
sure
that
EEO
stays,
independent
and
and
there's
no
collusion.
So
it's.
B
And
it's
it's
all
done
through
the
information
that
the
block
producers
submit
to
the
blockchain.
So
it's
it's
all
pulled
from
there.
What
are
called
BP
info
JSON
file,
so
the
block
producers
are
giving
us
this
info.
There
may
be
some
info
we
compile,
but
we
hope
that
it'll
be
a
good
community
tool
for
people
to
use
and
say,
hey
wait,
a
minute.
Why
is
this
infrastructure
show
as
in
the
middle
of
the
ocean?
B
A
B
It's
crazy,
we
were.
We
were
moving
up
with
them
for
a
while
at
like
26
and
27.
Then
we
got
some
big
votes
and
got
moved
up
into
the
21
for
I
think
another
day
or
two.
We
were
number
20
21,
now
we're
back
out
at
number
23,
but
only
a
few
hundred
thousand
votes
away
from
back
in
the
top
twenty
one.
I.
A
Was
talking
to
Josh
from
US
Canada
yesterday,
because
I
want
to
bring
him
on
here
as
a
guest?
Sometimes
I
have
another
block
producers,
perspective
yeah,
and
he
one
of
the
questions
he
asked
me
was
out
of
the
block
producer
is
not
in
the
top
twenty
one,
which
one
do
you
think
should
be
in
there
yeah.
The
first
thing
I
came
out
having
a
mouth
I
didn't
have
to
think
about.
It
was
great.
B
A
You
go
further
than
that.
I
actually
had
to
look
at
a
list
and
think
about
it
and
like
I,
think
vibe
is
pretty
good
yeah
outside
of
the
top
21
I.
Think
one
of
the
issues
with
voting
right
now
is
that
whenever
you
want
to
vote
on
all
these
tools
of
the
UI
like
a
lot
of
times,
they're
an
order
of
the
top
21.
So
if
I
don't
know
all
of
the
block,
producers
I
might
just
pick
what
everyone
else
is
picking
right.
A
B
A
bad
actors:
well,
it
doesn't
mean
they're,
lazy
actors,
I,
don't
know
yeah,
and
it
doesn't
mean
that
we're
we're
not
talking
about
all
of
them
here
and
I'm.
Not
just
saying
this
because
we're
not
in
the
top
21
I
think
we
would
be
happy
being
a
backup
you'd
be
forever.
Obviously
we
want
to
be
in
the
top
21,
but
we're
still
going
to
continue
to
develop
tools
if
we're
not
but
I
totally
agree.
A
B
Way,
it
works
if
you
guys
aren't
familiar,
there's
1%
inflation
on
the
network
that
pays
the
block
producers,
but
every
day
all
the
block
producers
claim
their
rewards
once
and
you
get
two
types
of
pay,
regardless
of
whether
you're
in
the
top
21
or
not.
You
get
what's
called
a
vote,
pay
based
on
how
many
votes
you
have
so,
even
if
you
only
have
say
10,
AOS
or
hundred
es,
if
you
vote
for
block
producers
that
you
want
to
help
fund,
that
really
does
increase
their
pay
every
day.
B
A
I
liked
your
theory,
the
first
time
you
guys
kind
of
got
bumped
out
of
the
21
like
using
some
of
the
the
Mont,
the
vote
monitoring
tools,
you're
able
to
see
that,
like
there
was
some
big
whale
vote,
movement,
yeah
and
I.
Like
your
theory
on
that
and
I
hope,
it
was
strategic.
You
want
to
kind
of
talk
about
the
rotating
vote
theory
that
you
gave
me
yeah.
B
So
we
noticed
we
had
a
massive,
and
this
was
all
coming
from
Biffen
X's
different
vote
proxies.
We
had
a
massive
20
million
vote
whale
vote
along
with
six
other
people.
Gray
mass
was
one
of
them,
I
think
block
Smith
was
one
of
them,
a
bunch
of
people
that
we
were
kind
of
in
the
same
placement
within
the
top
21.
B
We
all
got
bumped
out
at
the
same
time,
and
now
we've
been
slowly
sort
of
moving
up
again,
but
what
it
looks
like
is
happening
or
maybe
happening
at
your
speculation
based
on
some
of
these
voting
tools.
Is
that
somebody
out
there,
with
a
ton
of
Yost's,
whether
it's
biffing
x
themselves
or
a
big
whale
on
BitFenix,
is
sort
of
rotating
people
around
through
the
top
21,
so
that
everybody
can
kind
of
get
a
share
of
those
top
21
bloc,
rewards
and
I
hope.
A
That's
what
they're
doing
and
for
anyone
listening
if
you
were
a
whale
I
encourage
you
to
do
that,
because
the
more
honest
and
good
and
technologically
savvy
block
producers
we
have
who
are
able
to
generate
living
wages
for
their
staff
and
operating
costs,
the
better
yeah.
So
you
think,
there's
probably
block
producers
out
there
with
great
intentions
and
great
talent
that
or
maybe
number
thirty
year,
I,
don't
know
who's
number
three
notes:
I,
don't
want
to
call
any
write.
Mass.
A
But
like
they
might
not
be
getting
a
lot
of
funding
right
now,
but
if
you
just
vote,
if
you're
like
on
the
fence
about
them
and
you're,
if
they
get
voted
in
for
a
couple
weeks
here
and
there
that
gives
them
an
influx
of
income
that
once
they
get
voted
back
down
to
being
a
standby,
they
still
have
that
funding
influx
that
they
got
from
when
they
were
in
the
top
twenty
one.
So
did
it's
a
really
good
thing,
I
think
to
kind
of
spread
the
wealth
around
well.
B
It's
worth
noting
I
mean
there
are
still
a
significant
amount
of
people
in
the
twenty
one
that
have
kind
of
stayed
there
and
not
moved
like
he
is
Canada
use.
New
York,
he
was
forty.
Two
BitFenix
has
always
kept
himself
in
through
their
voting
proxies,
whether
that's
users
on
the
platform
or
at
spiffing
X
themselves.
We're
not
sure
the
tools
not
super
transparent,
but
there
are
some
people
that
have
been
sort
of
in
and
then
the
others
seem
to
be
rotating.
B
A
Bitfenix
actually
has
some
big
stuff
going
on
this
weekend,
they're
doing
their
bit,
Phenix
sponsored
cos
hackathon,
really
this
weekend,
yeah
so
and
they're.
Also,
let
me
find
my
notes.
I,
don't
even
know
if
I
put
into
my
notes
from
just
oh
I,
see
off
the
top
of
my
head
they're,
releasing
a
beta
version
or
like
a
quick
preview
of
Yoast
Phenix.
Oh
this.
A
Bitfenix
this
weekend,
their
hackathon
in
London
they're,
giving
away
some
prizes
not
quite
as
big
as
block
ones,
but
they're
still
good.
If
I
was
a
Devon
able
to
make
seventy
five
hundred
dollars
for
first
place,
that's
awesome,
so
they're
offering
seventy
five
hundred
for
first
place,
3004.
Second,
fifteen
hundred
for
the
third
they're
offering
prizes
for
the
best
hack
using
the
new
EOS
decentralized
exchange,
Wow,
and
also
the
best
integration
with
the
s
Phenix
custodial
trading
API.
B
Well,
if
you
all
are
familiar,
yes,
turn
axes,
Biffen
axes,
upcoming,
decentralized
exchange
built
on
EOS.
They
announced
that
well
before
us,
even
launched
was
kind
of
the
one
of
the
first
major
DAP
announcements
other
than
ever
PDS
IQ.
So
this
is
cool
to
see,
I
mean
I'm,
excited
I
had
no
idea.
This
was
haven't.
A
B
Change
this
good,
the
the
biggest
drawback
and
the
thing
that
I
think
will
hurt
chains
in
the
long
run
is
that
they
have
kyc
yeah.
It's
it's
mandatory
kyc.
So
that
means
you
have
to
submit
a
photo
of
your
passport
or
your
driver's
license
go
through
it.
It's
really
a
very
quick
process,
less
than
24
hours
for
everybody.
B
So
it's
not
too
bad,
but
when
it
comes
to
somebody
choosing
between
a
centralized
exchange
that
requires
kyc
and
you
also
have
counterparty
risk
of
them
stealing
your
tokens,
not
that
they
will,
but
that
risk
always
exists
versus
a
decentralized
exchange
where
there's
no
kyc,
there's
no
counterparty
risk
cause.
You
maintain
control
of
your
tokens
at
all
time.
It's
gonna
be
a
no
brainer
for
people
to
use
a
decentralized
exchange,
so
I
think
once
we
see
a
Dex
wanna
use,
whether
it's
cos
findex
or
something
else.
B
A
B
A
B
And
I've
met
a
net
we'll
Harborne.
The
director
of
operations
at
FNX
met
him
at
the
token
summit.
Our
token
fest,
that
was
in
2017
I,
think
maybe
2016
anyway
Will's
a
great
guy
and
I've
spoken
with
Serge
on
the
the
head
of
developer
relations
at
block
1
he's
a
great
guy
as
well.
Very
talented,
so
should
be
some
good
judges
and
speakers
ie
Cathy's
here
so.
A
B
Most
excited
about
their
hardware,
while
a
preview
for
Mac
OS
X,
so
for
people
who
aren't
familiar
every
Mac
that
ship
for
the
last
I
think
five
years
and
every
iPhone
the
chip
for
the
last
I
think
seven
years
ever
since
touch
ID
was
introduced,
has
a
secure
Enclave
in
it,
and
what
a
secure
Enclave
is
is
basically
an
isolated
chip
that
never
touches
the
internet.
So
you
can
store
sensitive
things
on
it,
like
your
fingerprint
data
or,
in
this
case
private
keys
and
ensure
that
nobody's
gonna
hack
it.
B
So
it's
basically
like
having
a
ledger,
Hardware
wallet
or
a
treasure,
Hardware
wallet
built
into
your
Mac
or
iPhone,
and
it
already
exists
it's
already
there,
but
what
block
one
has
done
in
ES
1.1
is
they're,
releasing
a
preview
or
sort
of
an
alpha
version
of
this
Hardware
wallet
for
your
Mac.
So
obviously
you
shouldn't
store
your
funds
there
now,
because
it's
still
alpha,
you
can
play
around
with
it
with
maybe
a
few
us
on
a
new
account.
B
But
what
this
will
eventually
allow
you
to
do
is
store
your
ego
securely
on
the
hardware
wallet
that's
already
built
into
your
Mac
and
very
soon
after
then
use
it
on
your
iPhone.
So,
in
the
near
future,
we're
gonna
have
people
just
using
their
iPhone
as
their
wallet
and
block.
One
is
said
that
once
they
release
their
iOS
wallet,
they're
gonna
offer
free
us
accounts
to
everybody,
so
it'll
be
a
super,
easy
way
to
onboard
people
into
the
ecosystem
and
get
started.
Let's.
A
Let's
take
this
train
full
circle
yeah
so
earlier
in
the
podcast,
we're
talking
about
steam,
yeah,
generating
value
yeah
I
kept
using
overstock.com
as
my
example,
because
I
have
but
I
bought
outdoor
furniture.
Yes,
actually
that's
great
through
shape-shift.
That's
awesome,
and
that
was
my
only
experience
doing
something
that
but
not
with
this
yeah
and
have
you
ever
used.
Apple
payer
yeah.
B
A
So
if
this
is
gonna
go
completely
mainstream
like
we
expect
it
to
in
the
next
couple
years,
you
would
just
add
a
crypto
wallet.
Just
like
you
add
a
debit
card
yep
to
Apple
pay,
oh
yeah,
and
that
would
be
you
you
said
it.
I
would
set
my
es
wallet
as
my
primary
funding
source
yep
I
would
go
to
a
convenience
store
or
Target
Walmart
whatever.
A
B
One
I
mean
to
your
point
about
to
your
point
about
bringing
this
full
circle.
It
really
comes
down
to
to
making
it
accessible
for
the
mainstream.
So
when
block
one
releases,
this
Facebook
competitor
or
Twitter
cutter
uber
competitor
and
they
have
the
ability
to
use
a
free,
crypto
wallet
already
on
your
phone
using
your
phone.
That
already
has
that
built-in
armored
wallet
you
get
your
free
dos
account.
You
sign
now
crypto
that
you
did
it
at
pay,
for
you
earned
it
one
to
everybody
who's
using
it.
B
All
of
these
pain
points
of
the
blockchain
right
now
were
to
your
point
earlier.
You
know
you
got
to
sign
up.
You
got
to
link
your
bank
account.
Then
you
got
to
figure
out
how
to
store
it
and
write
down
your
recovery
seed.
All
these
crazy
things
go
away
when
you
have
it
secured
on
the
hardware
wallet,
that's
already
in
your
iPhone
or
your
Mac.
So
to
just
tell
somebody
hey
download
this
new
app,
you
can
make
money.
A
A
B
A
Bitcoin,
like
seven
well
with
lightning
Network,
it's
probably
little
higher
I'm,
not
sure
the
number
today,
but
1700
and
saying
visa
can
do
1,700
transactions,
so
we've
won
it.
If
we
want
to
process
global
payments,
we
have
to
be
able
to
least
do
that.
Just
for
that
one
use
case
absolutely
well:
the
records
been
broken,
yo
surpassed,
3,000,
TPS,
yeah.
B
A
B
B
B
A
The
guy
that
Rob
made
his
big
million-dollar
bet
again:
yeah
I
work
with
him
here
to
ICO
alert.
He
came
over
to
me
because
he
got
a
bunch
of
random
transactions
to
a
z/os
wallet
where
they
transfer
him
like
point:
zero,
zero,
zero,
zero
one,
a
oh
yeah
and
we
looked
at
this
wallet
and
he
apparently
sent
it
to
like
every
like
thousands
and
thousands
of
wallets
yeah
I,
don't
know
what
this
guy's
deal
is:
y'see
I.
B
B
Yeah,
you
know
what
it's
fun
I
got
I
got
a
couple
in
English
that
had
a
link
to
something
that
was
like
making
a
u.s.
account
here,
which
is
probably
likely
a
scam
if
they're
just
sending
out
like
basically
less
than
a
penny
worth
of
use
to
someone
with
a
link.
Don't
click
on
that
link?
Don't
make
any
use
account
there?
It's
not
a
good
idea,
but.
B
Because
you
can,
you
can
send
a
memo,
a
message
to
someone
for
basically
free
I
mean
that
person
was
was
more
than
likely
able
to
send.
Let's
see
if
there
are
300,000
US
accounts
right
now,
which
was
the
genesis
snapshot
about
times.
I
got
0.0001
AOS
430
EOS.
You
can
send
a
message
to
everybody
on
the
US
network.
Very
cheap
30
es
is
what
250
bucks
so.
A
If
this
becomes
a
regular
thing
where
you
want
to
look
at
your
transaction
log
and
your
real
transactions
are
mixed
in
with
thousands
of
these
garbage
ones,
I
think
there
might
be
a
need
for
some
filtering
on
the
front.
End
block
explorers,
because
if
you
were
able
to
just
filter
like
a
minimum
transaction
amount,
you'd
be
able
to
filter
out
all
the
junk.
Exactly
the
limitation
of
don't
show
me
any
transactions
that
are
smaller
than
0.1.
Yes,
yeah.
A
A
Tool,
you
probably
already
have
some
blocking
splitter
tools
being
built
yeah.
This
looks
like
it
might
might
be
something
something
spammy
moving
forward
and
with
your
Fe
transactions.
There's
not
really
a
way
to
stop
someone
from
sending
you
free
money,
yeah,
it's
just
like
a
fraction
of
a
penny,
so
it's
like
just
kind
of
bothersome
to
sift
through
it.
If
you're
China
yeah
I
mean
just
look
at
your
transaction
log.
Fortunately,.
B
B
A
B
Important
to
note
that
hitting
3,000
transactions
per
second
is
is
a
big
feat
now,
because
not
only
do
other
main
block
chains
like
aetherium
only
do
15,
not
1500,
but
15
and
Bitcoin
does
about
three
per
second.
So
it's
it's
hundreds
of
times
better
than
that
already,
but
this
is
also
still
the
single
threaded
implementation,
which
basically
means
you
can
only
process
all
these
transactions
on
one
computing
thread
in
the
near
future.
By
the
end
of
the
year
we
should
have
multi-threading
available,
which
means
we
can
space
out.
A
B
Speculation
has
basically,
the
price
is
effectively
stabilized
and
the
reason
why
is
that
there's
sort
of
a
consensus
on
how
we're
gonna
fix
the
problem
so
number
one
is
that
software
solution
I
talked
about
with
side
chains,
each
side
chain
having
its
own
ramp
ool.
So
you
don't
necessarily
even
need
to
buy
Ram
on
this.
B
This
may
now
that's
that's
relatively
expensive,
but
also
now
that
we
know
once
once
the
proposals
kind
of
fully
accepted
and
implemented
it
looks
like
one
kilobyte
of
RAM
will
be
added
to
every
block
produced
every
half
a
second
so
about
64
gigabytes
added
to
the
RAM
pool
every
year,
which
should
make
the
price
just
gradually
decrease
over
time.
So,
with
all
of
this
in
mind,
and
what
this
consensus
sort
of
reached
now,
I
think
the
speculators
are
going.
Okay,
maybe
I'm
not
gonna
buy
it.
A
B
A
A
B
A
Read
that
so
I
mentioned
that
I
was
in
like
a
ramp
race,
telegram,
Channel,
yeah
or
something.
A
I
read
speculation
that
the
person
who
started
that
group
was
actually
some
big
wheel,
that
drove
the
price
up
really
and
basically
got
everyone
excited
about
RAM.
It
could've
been
a
group
of
people,
I'm
not
real,
familiar
with
the
Wow
story,
but
this
Ram
price
channel
was
created
by
a
person
or
a
group
of
people
who
had
already
bought
in
on
the
RAM
speculation
they're
just
trying
to
hype
it
up
more
to
drop
the
to
dump
their
bags
eventually.
B
A
B
A
B
B
B
A
lot
of
blockchain
couples
and
we
got
blockchain
island
with
I,
forget
the
name,
but
wherever
finance
moved,
but.
A
B
Anyway,
so
spk
crypto
is
this:
this
big
VC
fund,
they
were
one
of
the
recent
VC
funds
to
partner
with
us,
VC
through
block
ones
billion
dollar
DAP
fund
I
believe
was
a
50
million
dollar
partnership,
but
we
have
Charles
and
Shane
from
spk.
Crypto
are
gonna
join
us
on
the
show.
Next
week
we're
gonna
be
talking
about
their
partnership
with
block
1.
Maybe
some
of
the
DAP
store
interested
in
funding
sort
of
you
know
pick
their
brain
on
us
and
the
future
of
the
ecosystem
as
well.
B
B
B
The
last
thing
probably
the
least
interesting
thing,
but
you
know
still
something
to
keep
an
eye
on
Wednesday
so
a
few
days
ago,
as
you're
listening
to
this
now
and
that
was
Wednesday,
the
18th
of
July
Congress,
the
United
States
Congress,
actually
held
two
different
hearings
on
cryptocurrency,
both
of
which
were
relatively
positive.
But
what
are
your
points
earlier
about?
You
know
people
creating
these
new
currencies
in
these
new
on-ramps
through
steam
and
other
other
platforms,
where
you
don't
even
have
to
go
through
the
dollar
one
of
the
congressmen
actually
mentioned.
B
He
was
mentioning
you
know
it
looks
like-
and
this
is
not
a
verbatim
quote
just
basically
what
I
remember
but
basically
saying
something
to
the
effect.
If
it
looks
like
a
new
money,
supply
is
being
created
here,
but
I'm,
not
sure,
that's
possible
and
went
on
to
say,
like
the
US
dollar
is
the
backbone
of
the
world.
How
can
they
make
a
new
one
and
just
very
confused
about
what's
happening,
but
overall,
the
both
hearings
are
very
positive.
You
know
said
a
lot
of
the
same
things.
B
They've
said
before
one
interesting
quote:
our
committee
has
a
deep
interest
in
promoting
strong
markets
for
commodities
of
all
types,
including
those
emerging
through
new
technologies,
so
looking
to
promote
this
stuff,
looking
to
make
sure
it's
regulated
properly,
not
over
regulated,
more
good
news
coming
out
of
that.
The
regulatory
side
in
the
u.s.
really.