►
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
episode
9
of
everything
us
I'm,
Zack,
Gaul
and
I
see
a
data
analyst
at
ICL
alert.
The
trusted
I
see
a
discovery
platform
visit,
ICO
alert
comm,
the
most
complete
calendar
of
all
active
and
upcoming
ICO
is
to
discover
the
latest
projects
and
opportunities
like
yo
s,
io
and
I'm.
Here
today,
with
the
founder
of
ICO
alert
and
CEO
of
cypher
glass,
a
block
producer
candidate,
Rob
Finch
thanks.
A
Today's
podcast
we're
going
to
be
detailing
the
latest
news
and
announcements
around
EAS
I/o,
including
the
current
state
of
the
maintenance,
some
upcoming
events
and
speculation
around
what
the
rest
of
the
year
is
going
to
look
like
for
es
IO,
alright
big
big
week,
we
did
a
snapshot.
Tokens
are
all
frozen
and
locked
up
outside
of
the
centralized
trading
on
some
exchanges.
So,
what's
what's
going
on
with
the
main
net
launch
Rob,
so.
B
The
mania
lunch
right
now
was
in
kind
of
a
testing
and
validation
period,
so
the
snapshot,
which
is
basically
a
list
of
everybody's
ERC
20
tokens
on
aetherium.
It's
basically
a
list
of
everybody's
accounts
that
says:
hey
we're
gonna,
give
you
these
tokens
on
the
main
net
that
has
already
been
validated.
So
we
know
for
sure
that
the
snapshot
is
accurate.
A
bunch
of
different
block
producers
have
basically
matched
up
every
single
aetherium
address,
but
every
single
heõs
address
some.
B
That's:
let's
talk
about
that
for
a
sec
there,
a
lot
of
people
confuse
like.
Oh,
how
is
the
ERC
20
tokens
still
trading
if
tokens
are
frozen
in
the
smart
contract
and
that
token
is
not
actually
trading
what's
happening.
Is
all
of
these
centralized
exchanges
have
a
centralized
database,
so
they're
just
trading
a
number
in
their
database
that
corresponds
to
the
future
heõs
token
and.
A
It's
similar
to
how
trading
is
always
done,
so
this
is
the
difference
between
a
decentralized
exchange
in
a
centralized
exchange.
So
up
until
today,
most
people's
experience
is
with
a
centralized
exchange
and
what
happens
is
like
we
all
know
about
like
the
Bitcoin
fees
and
aetherium
gas
fees
and
all
the
fees
and
that's
one
of
the
reasons
we
really
like
Yeo's
because
of
the
felis
transactions.
So
you
think
about
I
mean
bitcoins,
not
as
congested
as
it
was
earlier
in
the
year
right.
But
at
one
point
a
Bitcoin
transaction
was
like
30
bucks,
oh
yeah.
B
A
What
the
exchanges
do
is
they
keep
like
a
centralized
database
account
of
how
many
tokens
each
user
on
their
platform
actually
has,
but
all
of
the
tokens
actually
sit
in
one
big
hot
wallet
and
they
have
cold
storage
with
other
holdings,
but
they
have
essentially
one
or
several
wallets
that
hold
all
of
the
users.
Tokens.
B
A
B
A
good
analogy
that
Ross
one
of
our
new
tech
guys
has
had
a
Tekkit
cypher
glass
can't
give
a
good
analogy
with
just
like.
When
the
stock
market
closes,
you
and
I
can
still
trade
between
each
other
off
the
books
on
our
own.
You
know
Oh
an
internal
database.
We
just
can't
do
it
on
the
main
stock
exchange.
It's
kind
of
like
that
I
mean.
B
Some
exchanges
will
be
supporting
the
air
drop.
Some
won't
I
hope
you
guys
did
your
research
as
we've
been
saying
before
you
put
your
tokens
on
that
exchange
to
figure
out
if
they
will,
but
it
looks
like
a
lot
of
them.
I
really
Biden,
sympathetics
included,
are
gonna
support,
at
least
ever
pedia.
They,
like
you.
A
B
A
Don't
give
investment
advice,
but
I
do
tell
people
I
love,
yes,
yeah
and
you
usually
the
learning
curve
of
getting
in
the
Crypt
is
very
difficult.
You
gotta
set
up
the
coin
base
account
you
gotta,
buy
your
Bitcoin.
You
got
to
sign
up
for
finance,
transfer,
transfer
your
Bitcoin
or
theorem
to
bindings
by
yes.
Yes,.
A
Ear
you
gotta
create
the
wallet
and
transfer
it
to
it,
but
I
always
forget
about
cracking.
They
can
just
sign
up
on
crack
and
instead
of
coinbase
and
buddy
as
cash
yeah.
That's
very
true
I
didn't
think
about
that
and
that
that's
I
think
what
we're
gonna
see
here
soon
so
coinbase
everyone's
been
anticipating
more
funds
being
added
and
if
they're
going
to
add
new
new
tokens
or
cryptocurrencies,
we
could
expect
it
to
be
probably
the
top
ten
and
top
20
right.
A
There's
been
a
lot
of
index
funds
that
have
been
making
announcements
as
a
matter
of
fact,
two
of
the
block
producing
candidates,
not
the
candidates
themselves,
but
like
kind
of
the
entities
behind
those
operations
have
both
announced
new
Asian
index
funds,
Wow.
So,
okay
X
as
who's
an
Asian
exchange.
They
announced
a
top
index
fund,
called
okay,
zero,
six,
ET,
tee
and
also
Hugh
Obi
I,
think
they
just
actually
announced
today
or
yesterday,
HB
10
they're,
calling
it,
and
that
was
another
index
fund.
A
So
that's
really
interesting,
because
what
these
index
funds
do
are
they
they
allow
traditional
investments
to
be
made
into
cryptocurrency
without
having
to
manage
the
on
a
day
to
day
basis
that
the
market
caps
changing
right.
So
what
we're
going
to
see
everyone's
been
talking
about
institutional
investors
for
I?
Think
like
that
past,
two
or
three
four
years
ya
know.
A
We
keep
getting
closer,
yeah
and
I,
don't
know
when
it's
gonna
happen.
No
one
else
probably
does
either,
but
the
infrastructure
I
think
was
the
bottleneck
book
yeah
the
issue
of
custody
absolutely
and
we're
seeing
more
and
more
custody
solutions.
Coinbase
announced
there's
yeah
with
these
decentralized
exchanges.
We're
probably
gonna,
see
more
kind
of
almost
like
a
decentralized
custody
service.
Definitely.
B
Well,
Mike
Novogratz
had
a
good
point
about
this
that,
even
once
the
custody
solutions
are
in
place,
it's
not
like
everybody's
just
gonna
say:
oh,
let's
throw
you
know
billions
of
dollars
in
our
trillion
dollar
fund
into
this
thing.
They're
gonna
wait
for
some
other
people
to
test
it
out,
make
sure
it's
still
stable.
Make
sure
that
the
returns
are
good,
cetera.
A
That's
one
of
the
reasons
I
think
the
market
has
been
acting.
The
way
it
is
is
because,
if
you're
an
institutional
player
and
and
it's
a
conglomerate
of
them
like
you,
want
to
get
in
at
the
absolute
lowest
price
right,
so
they're
just
kind
of
taking
a
backseat
and
watching
this
because
they're
they
could
offer
that
lifeline
of
supportive
an
influx
of
money.
That's
gonna
bring
the
prices
up,
but
they
want
to
wait
until
it
goes
down
to
as
low
as
it
can.
A
B
Agree
with
that
and
I
think
a
lot
of
these
index
funds
are
definitely
in
a
favor.
The
coins
that
already
have
a
huge
market,
cap
and
I
think
it's
gonna
be
harder
in
the
future.
Once
a
lot
of
these
indexes
have
billions,
if
not
trillions,
of
dollars
in
them.
From
these
massive
institutions,
it's
gonna
be
very
hard
to
break
into
the
top
ten
2030
as
there's
so
much
money
there.
But
these
these
index
funds
are
really
good
for
just
giving
people
exposure
who
don't
understand
it.
B
A
The
other
interesting
thing
I
made
a
note
of
is
the
okx
announcement,
so
okay,
X
and
Hopi
are
both
large
Chinese
or
Asian
exchanges,
and
they
both
just
recently
announced
these
index
funds.
But
the
funny
thing
is
that
the
former
CEO
of
OK
X
his
name's
Chris
Lee.
He
just
resigned
like
a
week
or
two
ago
to
join,
who
ob
oh
wow.
So
it's
like
yeah.
It's.
B
Interesting,
ok:
X
has
been
doing
a
lot
recently.
I
think
we've
seen
a
lot
of
exchanges,
kind
of
investing
their
billions
in
profit.
Ok,
X
has
ok,
X
blockchain
capital,
who
invested
100
million
dollars
and
adapt
fund
for
Yoast,
apps
and
they're,
not
even
associated
with
the
USBC
fund.
It's
just
on
their
own
came
out
and
committed
a
hundred
million
dollars.
That's.
B
A
I
think
one
final
note
on
the
index
funds
and
what
we
call
institutional
investors
is
to
give
an
idea
of
like
we
always
hear
the
term
institutional
investors,
but
some
people
don't
actually
what
that
entails,
and
the
best
and
now
they're,
not
summing
analogy
the
best
way
to
describe
it,
is
think
of,
like
401ks
and
pension
funds
right
like
think
about
how
much
money
is
being
managed
by
every
company
in
the
world
that
that's
just
handling
401ks
and
pension
funds.
Yeah
and,
like
Rob,
said
no
one's
gonna
jump
in
and
throw
all
their
money
into.
A
B
I
think
we're
getting
to
the
point
where
to
Novogratz
this
point
that
they
would
be
negligent
not
to
it's.
This
new
emerging
asset
class
been
around
for
many
many
years.
You
know
that
the
returns
have
been
relatively
consistent
over
the
years.
If
you
look
on
a
on
an
annual
basis,
there's
only
been
one
year
in
2013,
where
Bitcoin,
for
example,
was
not
profitable,
so
I
think
they
would
be
negligent
to
their
investors,
who
they're
looking
out
for
to
not
invest
in
crypto
in
some
way,
mm-hmm.
A
I've
read
examples
of
different
foundations
and
nonprofits,
who
kind
of
manage
their
own
funds,
and
those
are
some
of
the
first
companies
or
organizations
I
should
say
getting
in
on
crypto,
because
there's
there
they're,
not
huge
corporate
entities
and
they
like.
If
one
person,
passionate
about
crypto,
was
managing
the
funds
at
this
foundation,
they
were
able
to
get
it
on
crypto
last
year
and
just
put
a
small
percentage
of
the
the
foundation
funds
I
forget
endowment.
Is
that
what
they're
called
right?
I.
B
B
B
A
B
Mike
Novogratz
is:
he
was
first
kind
of
famous
in
the
crypt
of
space
for
buying
roughly
a
million
ether
at
a
dollar.
He
kind
of
called
that
sought
as
this
new
disruptive
platform
and
and
followed
along
recently
has
started
galaxies
digital,
which
has
an
EOS
IO
echo,
some
investment
fund,
which
has
committed
325
million
dollars,
along
with
ESPC,
to
invest
in
a
oh
snap.
B
A
The
other
thing
is
early
May
mid-may.
He
announced
a
partnership
with
Bloomberg
yeah
who
everyone,
those
who
freaking
Bloomberg
and
they're
gonna
launch
Bloomberg
galaxies
crypto
index
and
that's
gonna,
be
a
top-10
index
weighted
by
market
cap
and
the
index
is
gonna,
be
owned
and
administered
by
Bloomberg
index
service
is
limited
and
it's
co-branded
with
galaxy
digital
capital
management.
A
So
that
that's
huge
news,
because
that's
here
in
the
US
that
that's
gonna
allow
late
like
we
keep
talking
about
these
institutions
to
get
in
on
these
indexes,
and
it's
going
to
be
interesting
as
yose
goes
up
in
market
cap,
I
saw
a
weightings
example
of
what
this
index
might
look
like
with
a
top
ten.
It
had
Bitcoin
at
30
percent
aetherium
at
30
percent
you're
telling
me
earlier.
They
capped
at
30
percent.
B
A
Since
the
listeners
can't
see
what
I'm
seeing
I'll
just
go
through
the
until
yes
ripples
at
14%
Bitcoin
cash
is
at
ten
point
six
five
and
then
they
have
es
pegged
at
six
point.
One
1%
yeah,
but
I
find
that
interesting
there.
There
is
a
tweet
going
around
there's
something
on
telegram
of
just
people.
Looking
at
coin
market
cap
trading
volume
and
if
you,
if
you
come
like,
we
think
yes
is
gonna
continuously
move
up,
but
with
Bitcoin
cash
and
ripple
being
ahead
of
it,
they're
they're,
ahead
and
market
cap.
A
A
B
You
look
at
ripple
today,
I'm
looking
at
Wimmer
who
kept
right
now,
it's
10,
a
10:30
a.m.
on
Wednesday
EEO,
says,
is
actually
a
lower
volume
day.
I
think
cuz,
we're
in
the
middle
of
this
may
net
launch
that
we'll
go
back
to
in
just
a
bit,
but
it's
a
little
over
a
billion
dollars
and
ripple
is
down
at
about
a
quarter
billion
dollars.
So
it
four
times
more
than
ripple
in
trading
volume
is
what
a
US
has
right
now.
So.
A
Yeah,
let's,
let's
get
back
into
some
stuff
about
the
main
that
lunch,
because
you
probably
have
more
information
than
the
average
person,
because
you're
you're
involved
in
these
conversation
and
these
chats,
when
you
tell
us
a
little
bit
about
the
block
producer
community,
how
you
guys
are
all
communicating
and
kind
of
how
you
guys
are
organizing
right
now.
Yeah.
B
So
people
have
been
doing
DDoS
tests
on
other
block
producers.
Giving
us
necess
reports
to
say:
hey
here
are
the
holes
in
your
infrastructure.
We
fortunately
have
passed
that
with
flying
colors,
we've
invested
tons
of
money
into
infrastructure
and
DDoS
protection
at
Seifer
glass.
So
we
should
be
good
there.
But
now,
what's
going
on
is
just
kind
of
core
protocol
security
testing
making
sure
there
are
no,
what
we're
calling
priority
zero
or
priority
one
bugs
these
would
be
critical
bugs
that
would
bring
down
the
network.
B
Bring
down
the
whole
platform
and
cause
us
to
kind
of
relaunch
it
if
there
are
priority
two,
three
or
four
bugs
those
are
kind
of
being
left
until
after
launch,
because
they're
not
critical
they're,
not
going
to
result
in
the
loss
of
user
funds,
but
anyway
we're
doing
these
twice
daily
calls.
So
this
morning
was
another
security
call
and
now
tonight
at
I
believe
it's
1:00
a.m.
UTC
or
9:00
p.m.
Eastern
there's
another
call
to
basically
determine
hey.
Are
we
gonna
go
live
now
because,
from
our
perspective,
there's
already
a
net?
B
B
It's
a
scary
name
but
I
think
it's
in.
They
have
good
intentions,
but
anyway,
both
have
been
trying
to
launch
it
in
different
ways
and
have
recently
come
together
to
launch
it.
So
from
the
I
think
it's
the
Ghostbusters
side.
They
already
have
a
net,
that's
spun
up
and
ready
to
go.
It
has
the
snapshot.
That's
validated
ready
to
be
injected
they're,
applying
the
different
security
patches
that
people
are
based
on
the
vulnerabilities
people
are
discovering
and
it's
pretty
much
ready
to
go
so
I
think.
B
A
B
Going
to
be
really
all
of
the
block
producers,
so
all
at
once,
yeah
all
at
once.
We're
gonna
go
out
and
say
hey.
This
is
the
es
main
net
here
instructions
on
how
to
connect
here's
the
wall.
You
should
use
here's
how
to
vote.
Here's
the
voting
portal
and
what
you
should
really
do
is
make
sure
that
you
have
five
block
producers
that
you
trust.
Hopefully
cypher
glass
is
one
of
those
and
you
look
at
our
Twitter.
B
You
look
at
our
YouTube
channel
and
wait
for
us
to
make
an
announcement
and
confirm
it
and
to
our
point
that
we're
talking
about
last
time,
it's
best
to
just
do
nothing
and
wait.
There's
kind
of
be
patient,
make
sure
the
real
meinen
is
there
make
sure
you
know
the
block
producer,
Twitter's
didn't
get
hacked
and
and
weed
out
something
fake,
but
it
will
be
the
block
producers
that
announced
hey.
The
u.s.
meinen
is
finally
live.
It's
time
for
you
to
vote
and
unlock
this
chain
awesome.
B
Then,
what's
the
main,
it
is
actually
live,
it's
not
unlocked.
So
what
that
means
is
that
by
default,
everybody's
tokens
are
gonna,
be
staked
in
a
contract,
and
we
need
15
percent
of
all
token
holders
or
150
million
tokens
to
be
voted
towards
a
block
producer
for
the
chain
to
unlock,
and
then
once
the
chain
is
unlocked
its
it
functions
as
a
normal
chain.
Anybody
can
unstick
their
tokens.
Anybody
can
send
their
tokens
to
an
exchange
so
really
the
main
at
launch.
B
A
I
saw
some
gone
around
in
telegram
of
a
very
high
percentage
of
the
tokens
being
held
by
a
very
limited
number
of
wallets
news.
It
was
pointed
out
that
these
are
exchanges
yeah
exactly
so.
A
couple
of
these
exchanges
are
running
as
block
producers,
so
they
have
every
incentive
to
not
do
anything,
corrupt
and
not
vote
with
other
people's
tokens
and
they've
pretty
much
committed
to
that
right.
But
what
do
you
think
of
that?
If
I
think
I
saw
up
to
50%
I,
don't
know
the
exact
percent
of
tokens
are
held
by
these
large
wallets.
B
A
Yeah
I
mention
this
because
I
read
it
right
before
we
recorded
last
week,
BitFenix
didn't
are
the
block
producing
arm
of
BitFenix,
didn't
read,
it
asked
me
anything
and
they
said
something
about
a
voting
protocol.
Portable
type
thing.
They
said
it
will
be
ready
around
seven
days
and
it's
about
a
week
later,
never
coming.
B
A
That
so
we
that
would
be
incredible
if
that
can
get
released
around
or
before
even
oh
yeah,
at
least
announced
then
launched
around
the
same
time
as
the
main
net
launch
announcement,
because
I'm
assuming
bit
FedEx,
but
with
their
margin,
trading
funding
and
lending
that
they're
holding
a
lot
more
tokens
than
like
a
by
Nance.
For
instance,.
B
Were
they
were
the
one
that,
because
BitFenix
for
those
that
don't
know,
is
actually
an
early
investor
in
block
one?
The
company
that
developed
he
is
so
they've
had
a
strong
relationship
from
from
the
beginning
and
where
the
first
exchange
to
trade
it
after
that
first
five-day
period
of
the
ico
before
it
moved
into
daily
twenty
three
hour
periods.
A
And
admittedly,
I
do
have
some
tokens
of
my
own
on
bit
Phenix
just
because
of
wanting
to
take
advantage
of
some
of
this
volatility
whenever
it
launches
whether
it
goes
up
or
down
it's
just
a
small
percentage
of
my
tokens,
but
I
felt
comfortable
leaving
them
there,
because
they
are
the
only
exchange
that
said
that
they
will
support
any
legitimate,
airdrop
yeah.
So
that
was
one
and
the
other
thing
was
knowing
that
there
might
be
a
voting
portal.
So
my.
B
A
Are
locked
within
I
could
trade
them
with
other
users
on
BitFenix,
but
they're
locked
within
their
system
right
now
exactly
and
transfer
them
out
if
I
wanted
to
so
the
only
way
I
could
vote
with
those
tokens
a
small
percent
would
be
if
this
voting
portal
is
live.
Yeah
around
the
mainland,
launch
and
I
would.
B
You
trust
go
to
a
voting
portal
link
it
up
with
scatter,
if
you're
using
that
or
some
other
wallet
solution
and
go
from
there
and
it's
gonna
be
a
couple.
Different
steps
we'll
be
putting
on
a
video
on
it
on
how
to
vote
on
the
cypher
glass
YouTube
channel.
But
it
would
be
very
nice
for
somebody
like
Biffen
X,
to
just
make
that
process
easier
from
the
start.
So.
A
I
guess
can
continuing
on
beyond
the
main
that
launch
like
what
do
you?
What
do
you
think
is
going
to
be
the
most
immediate
things
we
see
after
the
main,
that
launch,
because
I
think
some
people
think
just
because
it
launches
it's
immediately
going
to
have
this
mainstream
acceptance
and
blow
up
out
of
on
another
run
or
whatever,
but
really
once
it
launches
that
that's
when
the
fun
is
just
getting
started,
I
believe
oh
yeah,.
A
Think
a
lot
of
developers
on
other
projects
are
considering
a
project,
have
had
a
wait-and-see
approach.
Definitely
like
I.
Don't
there
probably
were
a
decent
amount
of
DAP
developers
and
I
know
that
for
a
fact,
building
on
the
test,
nuts
but
I
think
there's
also
an
even
larger
group
of
developers
who
are
waiting
for
the
main
net.
Oh
absolutely
one
all
the
features
to
be
available.
Yeah.
B
I
mean
my
personal
opinion
from
a
market
standpoint
is
that
the
market
will
react
very
positively,
yeah
to
the
main
net
being
live
and
working
and
confirming
your
transaction
in
half
a
second,
like
that's
gonna,
be
saying
for
people
to
actually
see
so
I,
and
just
imagine
this
when
you
deposit,
aetherium
right
now
in
exchange,
for
example,
you
have
to
wait
for
the
30
confirmation
seriously
waiting
about
five
minutes
for
that
to
happen
sometimes
longer
with
ESO.
You
get
30
confirmations
in
15
seconds
yeah
or
it's
it's
technically
irreversible
in
two
confirmations
in
one.
B
A
I
think
that's
gonna
be
the
first
major.
Besides
Bank
war
yeah,
the
first
major
DAP
use
case
is
going
to
be
a
decentralized
exchange,
definitely
feels
like
a
centralized
exchange.
So
BitFenix
has
like
the
ux/ui
technology
on
their
current.
You
have
service
to
make.
It
have
a
good
interface
because
we've
all
used
like
crappy
exchanges,
like
I,
remember,
I've
used
bit
recs
in
awhile,
but
it
used
to
have
like
a
pretty
terrible
UI.
B
A
About
how
I
forget
about
crack
and
I
think
part
of
the
reasons
because
they're
you
I
said
terrible
yeah,
it
really
is
so
I
think
that's
the
number
one
thing
for
deciding
on
what
exchange
you
want
to
use.
Do
they
have
a
good
UI
right
and
then,
if,
if
it
does
what
you
wanted
to
do
and
right
now
essential
eyes
ones
the
only
one
that
can
work
with
the
speed
with
the
level
of
liquidity
on
the
order
books
that
makes
sense
yeah.
A
But
if
a
decentralized
the
exchange
could
come
out
with
from
a
user
standpoint,
you
would
know
no
difference
in
trading
at
least
yeah
between
a
centralized
and
a
decentralized
exchange,
and
the
only
difference
is
that
you
can
plug
in
your
ledger
or
yes,
wallet
into
this
exchange
and
be
able
to
trade
live,
oh
yeah
it
with
a
sub
second
latency
yeah.
That
would
be
massive
and
that's
gonna,
be
the
use
case
that,
like
crypto,
that's
like
the
only
use
case
at
this
point,
cuz
a
lot
of
these
utility
tokens
haven't
proven
their
utility.
B
Agree
completely
I
think
that's
gonna
be
the
first
like
killer
DAP.
If
we
can
call
it
that
on
EOS,
whether
it's
use,
Phenix
or
Bank
or
or
something
else
entirely
I
think
there's
been
a
couple
other
community
ones
that
have
yeah
announced.
But
beyond
that
I
think
what's
gonna
happen.
Is
we're
gonna
see
to
your
point
about
these
people
waiting
on
the
sidelines,
we're
gonna,
see
a
flood
of
announcements.
I
think
yeah
will
see
announcements
from
block
one
about
hey.
B
You
know:
here's
our
additional
dates
for
the
hackathon
and
where
they're
gonna
be
here,
are
more
fund
announcements
to
make
up.
For
that
other
three
hundred
fifty
million
dollars
they
haven't
allocated
yet
we're
gonna,
see
adapts
moving
from
aetherium
to
EOS
coming
out
an
announcement
announcing,
we're
gonna,
see
tons
of
announcements
and
crazy.
A
B
A
They're
still
sitting
on
probably
a
plethora
of
announcements
and
partnerships,
because
a
lot
of
these
partnerships
can't
be
announced
until
all
the
ink
dries,
and
that
was
the
issue
we
ran
into
back
in
January.
They
couldn't
make
a
big
announcement
in
South
Korea,
because
it's
just
nothing
the
legality
of
it
wasn't
finalized.
Well,.
B
You
can
imagine
if
you're,
a
giant
multi-billion
dollar
fund,
that's
doing
a
vc
partnership
with
somebody
like
block
one.
You
are
probably
gonna,
say:
you're,
gonna,
err
on
the
side
of
caution
and
say
hey.
Maybe
we
should
wait
until
this
thing
is
live
before
we
commit
to
this
partnership.
So
I
think
there's
gonna
be
a
lot
of
that.
A
lot
of
DAP
developers
doing
the
exact
same
thing
so.
A
A
B
Very
possible
that
tonight,
as
we're
recording
this
Wednesday
so
tonight
at
1:00
a.m.
UTC
or
9:00
p.m.
Eastern
that
we
say
hey,
we're,
ready
to
go,
live
no
more
p0,
p1
bugs
and
we
go
alive.
And
then
we
go
through
the
voting
process
there
will
be
virtually
everyone
is
gonna
have
to
unstick
their
tokens,
whether
they
vote
or
not,
because
the
default
state
of
everybody's
tokens
is
staked.
So
there's
going
to
be
a
three-day
period
where
you
have
to
wait
after
the
main
end
is
live
and
after
the
voting
happens,
to
actually
get
your
tokens.
A
As
far
as
I
think
what
to
expect
after
this
main
that
launch
I,
think
there's
gonna
be
unlimited
amounts
of
excitement.
You
know
like
immediately
following
it
and
then
I
think
it
might
die
down
with
like
announcements
coming
out
constantly,
but
not
announcements
that
might
get
us
excited
because
they
understand
the
implications
of
them,
but
for
your
average
cryptocurrency
investor
like
they're,
making
a
mistake
by
being
short-sighted
and
maybe
looking
into
something
the
next
big
thing.
But
this
is
the
next
big
thing
for
the
rest
of
our
life.
Oh.
B
B
B
Thus
far,
so
I
would
expect
that
their
goal
of
getting
the
EOS
IO
file
storage,
which
is
based
on
IP
FS,
which
is
this
protocol
for
decentralized
file,
storage
and
the
multi-threading
implementation,
which
will
just
this
thing,
can
already
do
about
1,500
transactions
per
second
we've
seen
on
our
jungle
test
net
or
we're
participating,
but
imagine
switching
to
a
multi-threaded
implementation,
then
being
able
to
do
150
or
even
more
on
a
single
chain.
That's
not
even
linked
to
other
chains.
I'm.
A
I've
thought
this
for
a
while,
because
I
tried
to
think
about
like
who
are
they
trying
to
displace
like
the
crypto
market
as
a
whole
combined
every
single
thousands
of
coins
and
total
market
cap
is
still
relatively
small
on
a
global
scale
compared
to
some
of
the
large
corporations.
Today,
like
Facebook
right
Amazon
companies
like
Microsoft
companies
like
that
so
I
think
it's
being
very
short-sighted
to
think
that
etherium
x',
who
are
trying
to
upend
here,
I,
think
and
and
your
blog
kind
of
mentioned.
This
was
all
about.
A
B
I
totally
agree,
so,
if
you
think
about
us
as
this,
it's
really
a
decentralized
cloud
computing
platform,
you
can
read
your
website
on
it.
You
can
run
your
web
app
on
it.
You
can
run
something
much
more
complex,
like
a
decentralized
face
book
on
it.
Where
are
people
running
all
those
apps
now?
Well,
it's
generally
Amazon
Web
Services,
which
is
how
Amazon
makes
all
their
money.
It
says
here
that
they
had
seventeen
and
half
billion
dollars
in
sales
in
2017,
which
was
up
43
percent
from
their
sales
in
2016.
B
Is
or
however,
you
say
it
is
about
half
that
at
8
billion
from
Microsoft,
so
it's
it's
a
massive
industry
where
people
are
hosting
websites
and
web
apps
and
I
think
a
OS,
because
it's
an
ownership
versus
a
rental
model.
You
know
Amazon
you're,
paying
this
monthly
your
annual
fee
and
you
never
own
it.
If
you
stop
paying
your
website
goes
down.
I've.
A
A
A
thousand
enterprise
level-
oh
yeah,
big
corporations
on
AWS
are
spending
much
more
yeah,
so
you
think
on
an
annual
basis.
They
could
be
spending
well
over
six
figures,
yep
and
that's
on
a
continuous
year-to-year
basis,
yeah,
whereas
as
Yoast
becomes
more
and
more
talked
about
and
can
be
seen
as
a
comparable
service.
Once
the
file
storage
is
launched
and
everything's
more
scalable
multi-threaded,
we're
gonna,
see
these
companies
saying
wow
we're
spending
a
hundred
thousand
dollars
up
front
on
a
year-to-year
basis
and
there's
a
service.
A
B
And
the
most
interesting
component
about
this
to
me
is
not
just
that
they
can
pay
once
and
then
run
their
web
app
forever
on
EOS.
But
it's
also
that
these
businesses
are
basically
buying
an
asset
when
they
do
that.
So,
if
you
imagine
a
business,
the
value
of
a
business
when
it's
valued
is
really
in
the
collection
of
their
assets
and
their
revenue
and
if
a
business
puts
on
a
grandiose
to
run
their
web
app
forever
and
that
grows
over
time.
A
And
we
saw
it
in
the
last
decade,
the
movement
from
in-house
servers
and
infrastructure
at
businesses
moving
out
of
the
cloud
yeah
and
the
reason
they
moved
to
the
cloud
is
because
the
technology
got
better,
it
got
faster,
distributed
systems
got
better
yeah
and
the
next
level
up
from
a
distributed
system
is
a
decentralized
system
which
is
much
more
difficult,
yeah,
but
they're
also
very
similar.
So
the
main
difference
between
a
distributed
system
like
AWS
and
a
decentralized
system
like
a
OS,
the
the
difference
is
with
with
something
like
AWS.
A
A
B
This
was
a
big,
a
big
point
of
the
article
that
Ross
from
our
team
put
out
about
us
versus
public
cloud.
You
can
see
it
on
the
cypher
glass
steam
it,
but
a
lot
of
other
block
producer
candidates.
There
are
a
lot
that
are
buying
their
own
infrastructure
like
we
are
and
making
dedicated
infrastructure.
B
A
A
B
A
A
So
you
mentioned
investing
in
infrastructure.
Yes,
so
for
us
non-block
producers,
what
type
of
costs
are
involved
with
even
attempting
to
be
a
block
user,
because
not
everyone
is
gonna,
be
voted
as
one
of
the
top
21
I
think
there's
enough
quality
candidates
that
most
of
the
quality
ones
will
at
least
be
backups
yeah,
for
how
many
there
are,
but
it's
a
huge
risk
to.
If
you
don't
get
voted
in
so
yeah.
C
B
Yeah
I
mean
it's
I
forgot,
we've
put
up
somewhere
between
a
quarter
million
and
a
half
million
dollars
for
infrastructure
and
DDoS
protection.
The
DDoS
protection
was
a
huge
part
of
that
because,
if
you
imagine,
when
any
new
network
launches,
especially
something
as
disruptive
as
iou's,
there
are
other
players
in
other
networks
that
want
to
see
it
fail.
They're
gonna
be
ddossing,
basically
sending
a
bunch
of
fake
traffic
to
your
server
to
try
to
get
it
to
go
down.
So
we
from
the
beginning
realized.
B
Okay,
we
need
pretty
serious
DDoS
protection,
so
we
went
to
the
the
best
company
in
the
world
for
DNS
protection,
which
is
a
company
called
f5.
We
signed
them
on
for
f5
Silverline,
it's
a
huge
amount
of
money
a
year
more
than
six
figures
a
year
just
for
that
DDoS
protection,
but
it
will
make
sure
that
the
cypher
glass
block
producer
never
goes
down.
Is.
B
B
The
majority
to
network
goes
down,
I
think,
there's
a
kill,
switch
where
the
network
will
go
down
and
kind
of
reboot
I.
Believe
it's.
If
a
third
of
the
block
producers
go
down
at
reboots,
but
fortunately
there
are
I
would
say:
30
plus
other
block
producers
who
have
made
a
similar
investment
that
we
have
an
infrastructure.
So
what
I
would
encourage?
B
B
What
it
is
is
a
lot
of
these
people.
Don't
either
don't
want
to
put
up
the
money
upfront
or
don't
have
the
money
to
put
up
a
front
so
they're
waiting,
basically
for
the
network
to
pay
them
so
that
then
they
can
go
build
the
network,
but
from
our
perspective
it's
little
backwards
like
you
need
to
put
in
the
money
upfront
to
build
the
network,
so
that,
then
the
network
is
stable
enough
to
reward
you.
So.
A
I
guess
I
could
show
for
safer
glass
for
a
minute
here.
Talk
about
like
this
is
new
to
me.
I
didn't
realize
so
many
of
them
were
planning
to
start
that
way
and
that
that
blows
my
mind,
but
it
also
makes
sense
because
some
of
these
companies
are
being
bootstrapped,
yeah,
so
I
think
that's
one
of
the
advantages
for
you
is
that
you
built
a
successful
company
over
last
year.
I
see
oh
we're
we're
very
healthy
as
a
business.
B
A
A
One
he's
run
ICO
ler
from
April
until
about
a
month
or
two
ago
and
April
2017,
and
as
as
cryptocurrency
data
warehousing
marketing
company,
we
get
paid
as
a
business
in
a
theory,
amor
Bitcoin,
and
what
we
did
as
a
company
is
we
we
can
well
not
we
but
Rob,
and
his
brother
Mike
converted,
obviously
a
decent
amount
of
money
into
Fiat,
because
that's
what
pays
rent
and
that's?
What
pays
your
employees
yeah,
but
the
instead
of
holding
aetherium
and
Rob
hates
aetherium.
A
B
Well,
if
you
think
about
it,
our
business
model
is
very
much.
We
because
we're
crypto
company,
we
obviously
convert
half
of
it
into
cash
to
pair
our
employees,
make
sure
that
we're
stable
as
a
business.
In
case
we
see
a
huge
crash,
but
the
other
half
even
putting
in
crypto
but
I,
was
very
hesitant
to
put
it
in
a
crypto
that
I
didn't
believe
in
something
like
aetherium.
That
I
think
is
fundamentally
flawed
on
so
many
levels.
A
Yeah
because
I
mean
it's
good
to
have
a
war
chest
of
reserves.
Definitely
and
like
makes
sense
to
have
cash
in
the
bank,
and
the
business
always
did
have
cash
in
the
bank.
But
the
majority
of
the
holdings
would
be
in
crypto
and
it
wasn't
the
majority
because
it
started
as
the
majority
as
the
majority,
because
you
were
on
top
of
yes
from,
like
50
cents
on
yeah.
Well,
even.
B
A
B
A
I'm
amazing,
looking
at
it
now
and
I,
have
watched
it
grow
and
disappear
and
grow
again.
It's
been
a
wild
ride,
but
Rob.
This
is
probably
the
first
time
anyone
outside
of
ICL
has
heard
about
ICO
Laird
has
heard
about
this,
but
Rob
went
all
in
on
EOS
a
long
time
ago.
He
put
the
business
at
risk,
essentially
it
paid
off
as
a
good
risk.
How
very.
B
B
B
B
A
B
Than
that
that's
kind
of
the
elephant
in
the
room
that
I
think
a
lot
of
block
producers
are
ignoring.
So
a
lot
of
people
think
that
oh,
the
network
is
gonna,
pay
us
enough
money
to
invest
in
what
we're
calling
our
phase
3
infrastructure,
that
multi-threaded
and
file
storage
infrastructure.
But
we
really
don't
know
that
it
could
come
down
to
a
where,
let's
say
in
November
file
storage
comes
out
and
we
have
to
make
then
a
multi-million
dollar
investment
into
infrastructure
that
other
block
producers
can't
we're
ready
to
put
up
that
money.
B
A
B
With
it
necessary,
if
necessary,
if
it
comes
out
that
hey
you're
gonna
need
to
run
this
massive
file
storage
farm
to
to
support
all
of
these,
these
ipfs
hashes
we're
gonna.
Do
that
we're
gonna
make
sure
that
we
are
a
block
producer.
That's
supporting
this
network
cuz!
We
don't
want
this
network
to
fail.
We
want
it
to
succeed
more
more
than
anything
honestly
I.
A
Can't
wait
to
I
can't
wait
till
these
DEP
start
coming
into
fruition.
So
we
mentioned
the
hackathon
is
coming
up
this
weekend.
I
guess
I'll
mention
the
winning
pitches,
so
there's
five
teams
that
are
gonna
be
competing
in
this
hackathon
in
Hong
Kong
on
June,
9th
and
10th
I'll,
just
read
them
off.
There's
a
project
called
drops
and
they're
a
non-profit
donation
tracking
system
on
the
blockchain
company
called
Armada
and
they're
doing
dropshipping
blockchain
platform,
I,
respawn
and
they're
doing
certificate
stored
storage
loan
block,
which
is
a
peer-to-peer
Bank
application,
which
we've.
C
A
On
all
the
other
platforms,
so
this
is
the
first
one
that
potentially
scale
and
then
the
one
we
mentioned
last
week,
which
is
be
social
they're.
A
blockchain
platform
that
connects
volunteers
and
commercial
companies
and
nonprofits
so
it'll
be
interesting
to
see
what
they
come
out
with,
because
that's
just
this
weekend,
man,
we're
gonna,
be
seeing
video
updates,
probably
as
soon
as
Sunday
or
Monday,
yeah
and
well.
I
didn't
hang
about
what
they
built
and
seeing.
B
B
B
A
A
A
But
there
there
is
this
guy
named
Guido,
so
on
hacker,
one
calm,
they're,
the
ones
that
are
kind
of
like
managing
the
bug,
bounty
program
and
I
like
like
deciding
on
I,
think
they're
working
with
block
one
on
it,
but
it's
just
like
some
infrastructure
that
does
bug
security
for
other
software
projects
and
they
kind
of
manage,
rewards
and
one
single
individual
named
Guido
Rankin,
actually
racked
up
$120,000
in
bug
bond.
Oh
my
god
and
I
think
I
read
somewhere.
He
made
$80,000
in
a
single
day
by
finding
these
bugs
that's
insane.
A
B
B
A
What
I
think
might
have
happened?
Is
you
like
just
found
themself
into
like
a
wormhole
of
bugs,
like
one
bug
made
it
like
led
to
another
led
to
another
led
to
another?
Yeah
I,
don't
really
know,
but
that's
my
assumption
on
it.
Yeah
that's
wild
shot
at
the
Guido
yeah.
The
euros
developer
portal
is
now
live.
I
think
they
blocked
one
posted
that
blog
a
little
bit
ago.
A
couple
days
ago,
yeah,
if
they're
also
hiring
I,
want
to
read
that
one.
Yes,.
B
So
they
say
they're
hiring
for
positions
for
their
developer
relations,
team
and
a
bunch
of
other
jobs.
So
the
developer
portal,
if
you're
not
familiar,
is
basically
a
portal
with
educational
resources.
Other
information,
if
you
are
a
developer
but
for
there
they're,
hiring
they're,
saying
dev
Relations
is
our
interface
between
our
core
developer
team
and
the
wider
developer
community.
B
It's
essential
that
we
have
a
dynamic,
outward-facing
infrastructure
to
help
third-party
developers
become
users
of
ESI,
oh
and
for
the
community,
to
expand
so
just
kind
of
reiterating
their
commitment
there
to
launch
this
developer
portal,
put
out
educational
resources
and
get
as
many
developers
as
possible.
Building
on
this
platform,
so.
A
That's
one
of
the
reasons
I
think
things
aren't
really
gonna
ramp
up
to
like
a
super
super
exciting
level
until
the
community
could
the
developer
community
could
be
educated
on
how
to
build
on
this
and
the
traditional
developer
community
learning
how
to
build
on
a
blockchain
but
yeah.
It's
got
a
lot
more
simple
and
we're
seeing
all
the
block
producer
candidates
and
block
one
themselves
and
all
the
VC
funds.
All
investing
in
education.
I'm
not
did
I
mention
the
Virginia
I'll
just
mention
analysis
yeah.
He
did
Dan
Larimer.
A
He
actually
gave
a
talk
at
Virginia,
Tech
he's
an
alumni
there
and
he
I
block
ones,
actually
funding
a
three
million
dollar
investment
into
building
an
educational
curriculum
at
Virginia,
Tech,
yeah
and
Dan
is
leading
that
curriculum
development.
That's
so
cool!
So
once
it's
like
this
is
gonna,
be
the
best
curriculum
in
the
world
for
blockchain
like
education,
oh
absolutely,
and
once
it's
built
once
there's
gonna,
be
traditional
educational
companies
coming
in
making
textbooks
things
like
that,
and
the
curriculum
can
essentially
be
be
copied.
A
B
Oh
absolutely
I
think
that
initiative
is
it's
a
testament
to
how
forward-thinking
block
one
is
they're
saying
you
know
we
need
these
developers,
but
instead
of
throwing
a
bunch
of
money
at
VCS,
we're
also
going
to
educate
new
developers
because,
ultimately,
that's
where
all
the
DAPs
in
the
future
gonna
come
from.
Are
these
new
college
students,
people
launching
startups
people
who
are
really
passionate
about
learning
about
this
and
to
your
point,
to
do
to
create
this
educational
curriculum
at
one
university?
B
It's
gonna
be
very
easy
to
kind
of
copy
and
paste
that
to
potentially
every
university
in
the
country
or
around
the
world.
So
there's
obviously
a
lot
of
stuff.
That's
gonna
be
happening
after
launch.
We
have
education,
we
have
developers
we've
all
these
are
the
things
there's.
One
thing
we
forgot
to
mention
before
we
wrap
up,
which
is
a
new
investment
fund,
another
one
of
the
block,
one
VC
partnerships,
official
fund,
Wow
yeah,
and
it's
from
what's
the
name
of.
A
A
A
It
is
interesting
on
the
telegram
this
week,
because
dan
actually
confirmed
what
we've
been
speculating
about
with
the
social
media,
stuff
yeah,
so
Rick
from
es
New
York
was
asking
if
anyone
else
wanted
to
help
with
building
a
social
media
platform
or
a
steam
Lake
application
on
yes
and
Dan
did
a
direct
reply
and
said:
besides
block
one
yeah
ash
Denmark,
so
I
mean
it's
been
confirmed
over
and
over
again,
it's
oh
yeah.
It's.
B
A
I
think,
as
far
as
a
social
media
platform,
they
just
need
to
develop
the
core
of
it,
and
then
there
could
be
developers
building.
On
top
of
that,
that's
a
beauty
of
open
sources.
It's
just
gonna
get
better.
Even
even
though
block
one
might
build
the
core
of
it
there
might
it
might
spin
off
into
30
different
websites.
They
can
go
to
to
use
different
social
media
platforms
that
all
like
share
the
same
data
in
the
same
user
base
yeah,
but
you
get
to
pick
and
choose
which
one
you
like
the
best.
B
To
wrap
up
yeah
as
a
final
note,
if
you're
interested
in
learning
kind
of
launch
status,
you
can
follow
us
at
cypher
glass
at
C,
yph,
ER,
glass
BP,
as
in
black
producer
on
Twitter,
we
have
a
lot
of
updates
there
that
we're
putting
out
different
infographics
about
the
launch
or
follow
us
on
YouTube,
just
search,
cypher
glass
and
will
come
up.
You.
A
I
have
never
made
an
attempt
to
do
it,
but
my
twitter
handle
is
blockchain
Zach,
that's
Zach
with
AK
a
nice.
Please
follow
me
if
you
want
to
follow,
especially
as
news
I
keep
a
pretty
close
tab
on
that,
but
that's
about
it
for
this
week
and
we'll
talk
to
you
guys
next
week,
we'll
hopefully
have
some
exciting
news
yeah
once
again,
hopefully,.
C
See
Oh
alert
maintains
the
only
trusted
comprehensive
list
of
pre
icos
and
initial
coin
offerings.
This
Pittsburgh
based
startup,
has
grown
to
serve
over
1
million
users
in
less
than
a
year,
but
how
did
they
get
started?
Well
at
first,
the
company
was
just
an
online
tool
for
two
brothers
Mike
and
Rob
Finch
to
keep
a
calendar
of
their
favorite
icos.
After
just
a
few
months,
the
team
has
grown
to
over
14
team
members
and
produce
hundreds
of
ICO
reports.
C
These
in-depth
reports
feature
exclusive
interviews
and
offer
insight
into
past
active
and
future
icos
head
on
over
to
ICA
Willard
comm
meet
the
team
and
use
their
game-changing.
My
portfolio
function
track
your
favorite
blockchain
projects
become
your
own
venture
capitalists.
Only
at
IC
of
alert,
calm.