►
From YouTube: Everything EOS #5: Block Producer Controversy
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. The podcast is hosted by Robert Finch, the Founder of ICO Alert, and new episodes are released weekly. If you’d like, you can request a guest to appear on a future episode by tweeting us @icoalert or @finchify
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/
A
Welcome
to
episode
5
of
everything,
yes
on
Zack
Gaul
and
ICO
data
analyst
at
ICO
ler,
the
trusted
ICO
discovery
platform
visit,
icy
alert,
calm,
the
most
complete
calendar
of
all
active
and
upcoming
icos
to
discover
the
latest
projects
and
opportunities
like
yo,
SEO
and
I'm.
Here
today,
with
Rob
Finch,
our
founder
and
CEO.
Thank.
B
You
all
for
joining
us
on
another
episode
of
everything.
Yes,
we've
had
a
blast,
recording
these
podcasts
and
really
sharing
them
with
all
of
you,
the
greater
us
community,
a
lot
of
people
who
hadn't
even
heard
of
us
before
they
listened
to
our
show.
So
that's
awesome.
This
whole
thing
started
because
if
you
can't
tell
Zack,
Gaul
and
I
are
both
really
into
EOS
we're
having
a
lot
of
these
discussions
privately
and
we
thought
it'd
be
a
great
idea
to
record
them,
share
them
with
the
world
and
help
grow
the
EOS
community.
A
Really
appreciate
the
feedback
in
comments
we
get
about.
This
show
each
one
we've
been
getting
a
little
bit
of
feedback
on
youtube
on
soundcloud
on
the
telegram
channels.
We
appreciate
everyone's
thoughts
and
opinions.
They
help
us
grow
and
improve
the
show.
Please
let
us
know
if
you
enjoyed
the
show
by
liking,
subscribing
or
following
the
podcast
on
YouTube,
iTunes
or
SoundCloud
on.
B
Today's
podcast
we'll
be
detailing
the
latest
news
and
announcements
around
sio,
including
some
major
players
announcing
themselves
as
block
producer
candidates
and
a
cryptic
fund.
That's
not
associated
with
block
one's
venture
capital
arm
announcing
their
own
independent
commitment
of
a
hundred
million
dollars
of
funding
to
grow
and
support
US
based
projects.
So
before
we
get
started,
one
thing
we
do
have
to
sort
of
disclaim
and
disclose
here
is
that,
of
course,
that
call
and
I
both
do
owe
Neos
tokens.
B
A
A
B
Not
sure
if
there
are
other
little
ones
that
have
already
announced
their
support,
but
if
you're
not
sure
what
we're
talking
about
with
this
token
swap
right
now,
the
eos
token
is
an
e
rc
20,
it's
a
placeholder
token
on
etherium
and
when
the
actual
AOS
network
launches
in
june,
around
June
3rd
you're
gonna,
take
your
ERC
20
tokens,
they're
gonna
automatically
convert
into
euros
tokens
on
that
chain
and
maybe
other
chains
that
are
also
launched.
So
if
you're
not
sure
what
that
means,
we're
not
sure
what
to
do.
B
A
Yeah,
like
Rob,
said,
if
you
don't
know
what
the
token
swap
is
or
you're
kind
of
new
to
this
stuff.
Best
thing
to
do
is
just
keep
it
on
in
exchange.
For
the
longest
time,
people
were
confused
about
what
was
going
to
happen
whenever
the
eos
token
moved
from
aetherium
to
its
main
net,
and
there
were
some
issues
with
registering
a
wallet
having
the
private
keys,
which
most
you
guys
should
have
anyway.
But
if
you
don't
just
keep
it
on
Finance
bit,
finex
or
crack
and
you'll
be
taken
care
of.
B
Yeah
and
I:
never,
you
know,
endorsed
anybody,
keeping
any
money
on
exchanges
because
I'm
totally
paranoid
after
what
happened
with
Mount
Cox
were
and
many
other
exchanges
where
they
get
hacked
or
lost.
But
if
you
really
have
no
idea
what
you're
doing
when
it
comes
to
the
swap,
you
are
better
off
keeping
it
on
the
exchange
and.
A
I
think
really,
the
only
disadvantage
to
the
exchange
is
what
would
happen
if
the
so
the
community
is
launching
yes
block
one.
The
company
who's
building
is
is
not
launching
the
main
net
blockchain
euro.
They
are
the
ones
running
the
official
test
net
right
now,
but
they're
leaving
it
to
the
community
to
launch
it
and
and
there's
been
talk
that
there
might
be
multiple
chains
that
launch
yeah
on
the
day
of
launch.
So
by
leaving
it
on
the
exchange.
A
You're
gonna
definitely
get
the
the
swap
for
the
main
PS
token
or
whatever
one
the
community
decides
is
the
main
one,
but
there
might
be
much
smaller
block
chains
that
aren't
really
dubbed
as
the
official
ones,
but
that
just
might
end
up
continuing
and
doing
their
own
thing.
No
one
really
knows
right
now,
yeah.
It's.
B
A
What
happens
so
there's
been
some
major
news
around
some
recent
block
producer
candidates:
yeah
a
lot
of
big
names
announcing
that
they
want
to
be
candidates
to
become
block
producers
and
for
those
who
are
unaware,
a
block
producer
on
a
delegated
proof
of
stake
network
that
they
produced
the
blocks.
Obviously,
but
they
do
the
work
of
what
a
miner
would
do
on
a
proof-of-work
like
aetherium
or
bitcoin.
It's
a
much
different
way,
but
to
think
of
it
like
that,
they're
they're,
the
ones
running
the
network,
essentially
exactly.
B
B
B
So
there's
a
lot
of
confusion
over
the
number,
so
some
people
say:
oh,
it's
21,
some
people
say
it's:
30
did
some
people
say
121,
the
actual
number
of
total
block
producers
is
121,
but
the
way
it's
broken
up
is
that
the
top
20
by
the
number
of
votes,
so
the
top
20
block
producers
that
get
the
most
votes
out
of
everybody
will
always
produce
blocks
every
single
round.
They
kind
of
always
have
a
ticket
to
the
show,
and
then
the
other
hundred
and
one
standby
producers
are
competing
for
that
twenty
first
slot.
B
So
the
more
tokens
you
have
as
one
of
the
hundred
one
standby
people
are
the
more
votes
you
have.
Rather
the
higher
likelihood
it
is
that
you'll
be
randomly
selected
for
that
round,
as
the
twenty
first
slot.
So
number
25,
for
example,
is
gonna,
be
pulled
into
that
twenty
first
slot
much
more
frequently
than
number
101,
but
there
are
120
one
block
producers
in
total.
That
will
at
some
point
all
produce
blocks
so.
A
Yeah
I'm
still
trying
to
wrap
my
own
head
around
what
their
rules
going
to
be
because
so
financially
you
have
to
incentivize
them.
They
have
to
at
least
make
enough
funding
to
keep
their
data
center
up
and
running
all
the
time
because
they're
constantly
on
standby,
and
they
want
to
obviously
produce
that
randomized
21st
block
producer
spot
when
they
can.
But
what
other
roles
will
they
have
on
the
network
and
I?
B
Of
that
now,
I
heard
that
I
know
that
the
the
storage
component,
which
is
based
on
IP
FS
the
interplanetary
file
system
protocol-
it's
not
going
to
be
on
until
the
end
of
this
year.
So
then
you
can
run
a
neo
step
and
have
all
the
storage.
All
of
that
sort
of
built
into
that
same
core
product
I
haven't
heard
that
the
stand
buyer
could
could
potentially
be.
The
storage
I
mean
they're.
Still
there
figuring
out
the
details
there,
so
yeah.
A
That's
about
all
I
known
is
just
because
I
have
the
Dan
telegram
channel
we're
just
filters
all
of
Dan's
messages
from
all
the
EOS
groups
into
its
own
chat
and
I.
Didn't
really
understand
the
context
of
it
really
and
I
haven't,
dug
deeper,
but
I
think
that
they're
gonna
play
a
role
in
the
system.
Even
if
they're
not
producing
blocks
I
mean
other
types
of
block
chains
have
like
witnesses
and
different
things,
all
right,
so
they're,
mostly
potentially
helping
make
sure
that
the
other
block
reducers
are
all
following
the
rules.
A
B
A
Atomic
bomb
could
land
on
any
given
country
and
the
the
network
will
still
be
alive.
121
block
producers
are
going
to
be
geographically
diverse,
there's
been
talk
in
the
governance
channels
of
possibly
limiting
the
continent
of
the
country
of
a
certain
percentage
of
the
bps,
so
that'll
be
real
interesting
as
more
information
comes
out,
but
I
think
we've
got
us
into
this
block
producer.
Conversation
are
some
major
major
names
in
the
crypt
of
space,
announcing
themselves
as
bloc
producing
candidates,
so
the
first
one
I
do
I
think
was
who
OB
yeah.
B
So,
who
OB
or
who
will
be
Pro,
came
out
and
basically
said
that
you
know,
through
the
translation,
they're
running,
for
what
they
call
an
EO
super
node
or
any
Oh
block
producer.
So
they
came
out.
They
said
you
know,
hey
we're.
Also
gonna
have
you
know
in
addition
to
this
block
producer
run
under
who
OB
we're
gonna
also
have
an
incubator
fund
for
us
project.
So
it's
cool
to
see
a
lot
of
these
block.
B
A
B
I
know
that
bit
man
that
was
the
most
controversial
so
bit
main
is,
is
you
know
the
guy
behind?
It
is
Jihan
woo,
who
is
probably
most
infamous
for
leading
the
coin
cash
to
continue
to
further
an
exploit
in
the
Bitcoin
mining
software
that
basically
made
him
more
money
with
his
proprietary
patented
miners.
So
he
is
kind
of
a
bad
name
in
the
crypto
space
and
I
think
rightfully
so,
but
ant
pool.
B
B
B
A
Seems
like
all
the
major
players
on
the
other
networks,
I
mean
they
have
experience,
running
all
the
mining
equipment,
which
is
different
on
delegated
proof
of
stake,
but
they
have
the
experience
of
running
a
lot
of
servers
a
lot
of
capacity
here
they
have
the
technical
ability
they
have
the
funding
to
do
it,
and
it's
also
good
because
they're
not
putting
all
their
eggs
in
one
basket
so
that
that's
a
positive
is
they're,
diversifying
what
they're
providing
to
multiple
blockchain
networks.
Right
so,
let's
say
es
just,
doesn't
work
out
and
falls
apart.
B
From
like
their
business
perspective,
their
visit,
yeah
yeah
I
mean
technically
you're,
you're,
absolutely
right,
they're,
definitely
the
people
who
are
probably
most
equipped
them
and
these
other
exchanges
to
actually
run
block
producers,
but
it'll
be
interesting
to
see
if
the
community
wants
to
vote
them
in
considering
their
past.
Considering
you
know,
exchanges
already
have
so
much
power.
I
saw
a
lot
of
threads
on
the
EO
subreddit
talking
about
don't
vote.
For
you
know
all
these
exchanges,
they're
just
gonna,
have
too
much
power
and
B.
These
overlords
of
the
whole
network,
so
I
think.
A
A
lot
of
people
are
gonna
pass
good
in
bed
yeah.
Absolutely
it
kind
of
I
mean
it
legitimizes
the
space
I
believe.
That's
just
gonna
say
yes,
New
York
actually
put
out
a
tweet,
not
too
long.
After
all,
these
exchanges
seem
to
announce
one
after
another
within
like
a
week
or
two,
and
they
agreed
legitimate
it
they
said
quote:
it
legitimizes
the
power
of
the
software
to
the
rest
of
the
world,
and
they
welcome.
Who
will
be
pro
and
BitFenix?
B
A
Think
that's
gonna
help
the
ecosystem
a
lot,
because
it's
going
to
allow
other
developers
to
use
their
libraries
to
maybe
build
their
own
spin-offs
of
it
or
if
people
just
use
es
Phenix,
because
they're
following
the
BitFenix
brand
they're
one
of
the
largest
exchanges
in
the
world
and
as
far
as
their
software
and
their
order
book
saw
like
their
order
book
matching
tools
that
they
use
and
their
charts
there
one
there
one
of
the
best
exchange.
Oh
absolutely
recently,.
B
Used
same
I
mean
that's.
Why
so
many
traders
you
see
like
refused
to
use
any
exchange
rather
than
FedEx,
because
the
interface
is
so
good
because
if
you
go
to
another
exchange
and
you
try
to
place
an
order
when
you
really
need
to
place
an
order
and
it
doesn't
go
through
you're,
not
gonna,
use
that
exchange
anymore
Connect
seems
to
do
really
good.
A
So
they're,
taking
that
experience
in
running
a
large
exchange
and
they're,
taking
that
experience
to
build
a
decentralized
exchange
on
EOS
and
while
doing
so,
they
are
hoping
to
get
everyone's
votes
to
produce
blocks
so,
and
it
makes
sense
too,
because
every
large
exchange
a
centralized
exchange
as
they
currently
stand.
They're
all
running
nodes
for
every
blockchain
anyway
they're
doing
their
own
private
version
because
they
handle
so
many
transactions
that
they
don't
have
time
to
wait
for
all
the
blocks
to
confirm
one.
B
More
more
than
anything,
they
need
to
verify
on
their
own
node
for
sure
that
a
transaction
happened
so
that
somebody's
not
like,
for
example,
if
I
owned
ether
scan,
which
is
you
know,
popular
block,
explore
for
thorium
I
could
make
ether
scan,
look
as
if
a
transaction
confirmed
but
on
the
actual
blockchain.
Maybe
it
didn't
so
there
I
think
trying
to
avoid
malicious
actors
by
being
one
of
the
block
producers
being
one
of
the
nodes
so
that
they
can
go
in
and
say.
Oh,
we
know
for
a
fact.
A
It
makes
sense
that
these
exchanges
want
to
be
blocked
producers
because
one
they
probably
already
have
the
equipment
to
run
the
data
center
yeah.
But
the
other
thing
is
decentralize.
The
exchanges
I
believe
are
the
future.
Oh,
absolutely
the
crypto
economy,
regulation
being
a
big
reason
behind
it,
because
you
you
can't
it's
harder
to
shut
down
a
decentralized
entity,
but
the
other
thing
is
that
there's
so
many
other
people
doing
it
and
most
of
them
are
on
the
etherium
Network
and
we
all
know
the
issue
with
the
theorem
is
scalability
and
transaction
fees
yeah.
A
B
I
mean
imagine
if
you're,
if
you're
a
trader
and
you're
trying
to
place
a
trade
which
I've
tried
to
do
on
all
these
different
decentralized
exchange
is
built
on
a
theorem
from
hide
X
to
Fork
Delta
to
ether
Delta
before
it
was
worked
out
that
the
radar
relay
they
suck
I
mean
hide.
X
is
probably
the
best
cuz.
You
can
continue.
A
B
The
closest
I've
ever
seen
is
a
hide
X,
where
you
can
do
a
market
sell
on
the
decentralized
exchange,
but
then
for
every
order
or
every
quarter
grouping
in
the
book.
You
have
to
click
a
button
and
sign
a
transaction
from
meta
mask
for
every
single
one.
It
happens
like
I,
think
it's
almost
batching
them
them
or
something
yeah
yeah.
It's
hor.
B
Bad
because
people
don't
think
it's
a
decentralized
exchange,
I
think
because
you
have
to
deposit
into
it
like
you're,
only
depositing
into
a
smart
contract
that
you
technically
have
control
over.
But
the
fact
that
those
coins
are
leaving
your
wallet
and
decentralized
exchanges
are
pitch
to
so.
Keep
the
coins
in
your
wallet
in
trade.
The
fact
that
they're
going
somewhere
else
freaks
people
out
so
I'm
so
excited
for
you.
As
for
next,
that's,
probably
the
the
quote-unquote
decentralized
app
that
I'm
most
excited
for
other
than
maybe
ever
a
PDA
mm-hmm.
A
A
B
Yeah,
you
can
get
kind
of
an
insight
into
their
revenue.
They
said
they
made
because
they
give
away
half
of
their
profit
every
month
on
FNX
to
the
thanks
token
holders,
for
whatever
the
nectar
I
think
is
the
name
of
their
token,
and
they
gave
away
a
million
and
a
half
dollars
last
month,
so
they
made
about
three
million
in
fees,
so
it's
it's
dramatically
less
than
they
do
on
BitFenix.
Of
course,
it
will
probably
be
the
same
case
for
us.
You
go,
spend
X
out
of
the
gate,
but
yeah.
A
I
mean
with
with
all
of
these
VP
candidates
they'll
make
their
official
post.
They
all
do
it
on
steam
it
for
the
most
part,
because
it's
on
blockchain
and
they
can't
change
what
they
said
in
the
future,
to
take
back
anything
that
they
may
have
misspoke
about,
and
one
of
the
big
things
they
oh
they'll,
tell
tell
you
about.
Is
their
community
benefit
and
es
Phenix
is
number
one
on
bit
Fenix's
list
of
things
that
they're
offering,
but
they
also
mention
something
called
Sunbeam,
which
is
an
experimental.
Yes
library
do
you
know
anything
about
that?
A
The
post
now-
and
it
says
it-
allows
for
interaction
with
standard
and
custom
use
exchange
contracts
through
offering
basic
order
book
and
by
self
functionality.
It
acts
as
the
foundational
library
required
for
decentralized
exchange
on
e.
Yes,
that's
kind
of
what
I
was
just
talking
about.
I
must
have
had
that
my
head,
whenever
I.
A
B
A
B
A
A
A
B
B
A
A
There's
that
one-
and
we
talked
about
this
in
another
episode-
but
after
that
was
announced,
a
lot
of
block
producers
and
other
people
in
the
es
community.
They
decided
to
pull
together
some
funds
and
they're
gonna
do
a
remote
global
hackathon,
also
where
the
hackathon
is
gonna,
take
place
with
the
remote
teams
around
the
globe
to
build
decentralized,
apps
and,
though
of
different
prizes.
So
the
fact
that
BitFenix
is
also
gonna
be
doing
hackathon
and
developer.
A
Meetups
like
this
is
how
you
build
a
development
community
hackathons
are
nothing
new
to
developers
or
blockchain
in
general,
I've
done
hackathons
before
for
like
more
traditional
programming
stuff.
Usually
they
get
a,
but
aha,
that
the
one
I
was
at
there's
like
a
hundred
developers.
They
all
a
different
skill
set.
A
But
it
was
much
simpler,
stuff,
we're
talking
like
simple
web
applications,
yeah
or
maybe
even
a
website
and
more.
It
may
be
a
little
more
advanced
than
a
web
site,
but
that
type
of
stuff.
But
this
is
normal,
and
this
is
how
you
help
each
other.
It's
growing
a
community,
so
I
could
see
these
hackathons
working.
In
the
same
way,
a
bunch
of
businesses
come
and
explain
their
business
problems
and
then
the
hackathon
tries
to
solve
them.
The
the
very
smart
developer
community-
yeah,
that's
cool
yeah.
That's.
B
A
That
might
be
I
mean
a
hackathon.
It
could
look
many
different
ways.
You
have
many
different
roles,
I
mean
the
basic
the
core
component
to
it.
That
doesn't
really
change
is
that
they
try
to
build
a
lot
of
stuff
in
a
short
period
of
time
right,
so
usually
they
go
over
the
course
of
a
weekend
and
they
break
up
into
teams
and
they
just
work
non-stop.
Like
long
days,
yeah.
A
Yeah
and
a
lot
of
times
they
come
out
with
just
like
an
MVP
or
a
minimally
Viable
Product.
They
don't
actually
have
a
working
product,
but
they
have
something
that
you,
you
could
see,
touch
feel
and
it
it's
much
further,
along
than
it
would
take
weeks
of
development
in
a
regular
environment,
to
get
accomplished
what
you
usually
see
in
a
hackathon
right.
So
that's
gonna
be
cool
with
the
or
with
the
BitFenix
they're
also
going
to
be
offering
education.
A
A
So,
with
with
more
mainstream
development
languages
like
Ruby
on
Rails
or
JavaScript,
you
could
do
a
simple
google
search
and
find
dozens
of
websites
with
video
tutorials
and
how
to's-
and
I
think
that's
part
of
where
this
is
headed-
also
is
not
just
the
block
producers,
but
the
es
community
as
a
whole
was
going
to
start
pushing
out
more
of
this
documentation
because
I
think
there's
some
now
we
have.
We
have
a
employee
here
named
Pete.
A
He
does
our
localization
and
translations
and
he's
looked
through
some
of
the
documentation
and
he
says
it's
still
a
little
bit
rough,
but
I.
Think
I
read
in
one
of
the
telegram
channels.
I
can't
remember
who
said
it,
maybe
in
Gregg
or
someone
said
that
that's
like
one
of
their
core
focuses
is
coming
up
with
like
really
good
documentation,
yeah
I.
B
Mean
it's
definitely
crucial,
like
we
were
talking
all
night
before
the
the
podcast
about
you
know.
If
you
want
to
learn
HTML,
which
is
like
a
basic
programming
language
to
build
a
website,
HTML
and
CSS,
you
can
go
online
and
find
literally
thousands,
if
not
hundreds
of
thousands
of
different
youtube
videos
on
that
topic.
Just
on
youtube.
B
You
can
find
all
these
resources
and
then
we
did
the
same
with
solidity
and
it
was
about
maybe
a
dozen
videos
that
came
to
up
and
solidity
is
the
programming
language
behind
aetherium,
but
the
one
good
thing
about
eeo.
So
one
of
the
good
things
not
just
the
one
good
thing
is
that,
because
it
all
compiles
down
to
c++,
you
can
pretty
much
code
in
any
language.
You
already
know
and
then
just
kind
of
poured
it
over
to
you.
B
So
if
you
can
build
a
web
app,
you
can
already
build
a
decentralized
app
which
is
gonna,
be
pretty
powerful.
So
a
lot
of
those
tutorials
already
do
exist,
but
we
definitely
need
more
of
you
know
documentation
of
how
to
eterna
to
adapt.
How
do
you
launch
it?
How
do
you
get
tokens
to
sustain
your
dap
all
that
stuff.
A
So
when
was
the
last
time
have
you
heard
of
the
bitcoin
mining
community,
putting
out
tutorials
and
documentation
about
building
dabs
on
bitcoin
I,
never
owned,
aetherium
I,
don't
know
who's
come
out
with
the
solidity
tutorials,
but
it's
probably
a
lot
of
volunteers
yeah.
Even
with
us.
It's
gonna
be
a
lot
of
volunteers
outside
of
these
bps
we're
talking
about,
but
just
imagine
what
you
could
accomplish
with
with
proper
funding.
A
Yeah
I
mean
you
pay
a
salary
to
someone,
who's
been
building
curriculums
of
other
programming
languages
and
like
rails
or
JavaScript,
whatever
pay
that
person
a
salary
and
just
make
them
full-time,
like
your
job
as
part
of
our
block,
producing
team
or
as
part
of
a
block,
one
grant
is
to
create
really
really
good
educational
pieces.
Yeah.
B
A
B
No
incentive
for
a
Bitcoin
miner
who
doesn't
answer
the
token
holders
doesn't
answer.
The
community
cannot
be
voted
out,
there's
no
incentive
for
them
to
try
to
do
good
things
to
the
network
to
stay
voted
in,
whereas
videos,
all
the
incentives,
are
aligned
where
even
somebody
like
BitFenix,
who
has
this
massive
crypto
presence,
is
gonna,
have
to
work
for
those
votes,
and
it's
gonna
have
to
you
know,
contribute
to
the
ecosystem
and
release
open-source
code
and
all
this
stuff
to
keep
one
of
those
spots.
What's
like
I
think
it's
pretty
awesome.
A
Another
cool
thing
that's
been
coming
out:
BitFenix
announced
that
they're
gonna
be
doing
it
I
we
had
an
IC
o----,
come
through
Kota
iconic
labs,
I,
believe
yeah,
they're,
partially
funded
by
fin,
lab
I,
believe
incubators
and
accelerators
like
that
yeah
something
you
don't
hear
about.
Etherium
accelerators
and
incubators
like
what
we're
talkin
a
business
that
takes
early-stage
startup,
sometimes
in
the
seed
like
level,
and
they
help
them
turn
it
into
an
actual
company
or
a
project.
B
Yeah,
if
any
of
you
listening,
have
seen
Silicon
Valley,
the
TV
show
basically
what
what
Erlich
runs
in
his
house
is
in
incubator.
Now
he
brings
in
a
couple
different
teams
or
I
guess
in
the
case
of
the
show
one
team
and
they
you
know,
he
gives
them
food
and
rent,
and
maybe
some
money
in
exchange,
for
you
know
a
small
percent
of
the
company
and
then
he
kind
of
coaches
them
through
building
their
whole
company.
B
So
it
obviously
be
much
more
legitimate
than
somebody
like
Erlich
on
Silicon
Valley,
but
imagine
going
in
to
say:
okay,
blockchain
capital
and
you
go
into
their
incubator,
and
you
know
they
put
you
down
with
their
legal
team
and
all
their
different
developers,
and
they
really
just
help.
You
build
your
decentralized
app
yeah.
A
I
mean
I'm
I've
heard
it
before
is
like
there's
people
in
the
traditional
web
development
community
who
may
be
thinking
about
getting
in
the
blockchain
development,
but
they
don't
know
where
to
begin,
and
these
accelerators
and
incubators
are
getting
to
be
an
easy
way
to
transition
into
that.
Yeah,
because
it's
not
that
different
than
what
they
were
probably
already
doing.
They
just
kind
of
need,
guidance
and
assistance,
and
that's
what
these
will
provide
and
they'll
provide
plenty
of
jobs,
I'm
sure
yeah.
B
If
you're
out
there
now
and
you're
itching
to
get
started,
if
you're,
like
you
know,
look
I
want
to
build
apps
to
centralize
the
apps
on
iOS
I
would
say:
go
learn.
Web
assembly
learn
how
that
that
language
works
learn.
How
compiles
learn,
how
to
build
cool
little
web
apps
on
it
because
effectively,
that's
what
you're
going
to
be
doing
and
then
you're
just
launching
it
on
a
OS
which
doesn't
require
much
from
you
that
we're
kind
of
take
care
of
the
the
decentralized
part.
A
B
So,
okay
blockchain
capital;
first,
it's
not
just
blockchain
capital,
which
is
associated
with
Brock
Pierce.
This
is
okay,
blockchain
capital,
it's
owned
by
okay
group,
which
is
which
manages
and
owns
okay,
X
and
Hokkaido
coin
comm,
which
are
two
pretty
prominent
Asian
exchanges
and
they
came
out
wait.
Are
they
campaigning
for
neo
super
notes?
So.
A
Yeah,
so
really
yeah,
so
I
I
didn't
realize
that
at
first
because
all
of
the
headlines
just
said
what
we're
about
to
tell
you
is
they
announced
that
they're
gonna
commit
a
hundred
million
dollars
to
grow
and
support
Yeo's
community
and
development
right
pretty
much
the
same
thing
block
dot
one
has
been
doing
with
all
of
their
VC
venture
partners
are
where
they're
dedicating
100
million
dollars
or
four
hundred
some
million
dollars
to
Galaxy
digital.
We
don't
know
the
percentages
of
what
block
one
is
contributing
to
that
fund
compared
to
the
fund
itself.
A
I
think
right.
Brendan
bloomer,
the
CEO
gave
like
a
range,
but
there's
like
50
to
75
percent,
maybe
25
to
75
percent
somewhere
around
there,
but
that's
coming
from
the
ICO
funds
from
the
es
crowd
sale,
whereas
this
one's
different,
because
this
one's
getting
as
far
as
we
know
no
money
from
block
one-
is
a
hundred
million
dollars
of
their
own
funds,
dedicated
strictly
to
growing
and
expanding
the
es
community
and
DAP
community.
B
Yeah,
it's
so
crazy
to
hear
I
mean.
Obviously
these
exchanges
are
kind
of
printing
money,
but
a
hundred
million
dollar
commitment
on
your
own
aside
from
block
one
is
a
mass
I
mean
that's
a
huge
financial
commitment
and
it's
just
crazy
to
see
all
these
major
crypto
players
come
out
and
sort
of
jump
on.
Yose
is
I,
don't
I,
don't
think.
We've
ever
seen
this
happen
before
with
any
other
project
other
than
the
coin,
which
started
all
of
this
even.
A
Like
we've
been
doing
this
show,
this
is
the
fifth
episode
I
feel
like
even
five
weeks
ago
way.
Less
people
knew,
or
at
least
less
took
serious
yeah
less
people
took
yes
serious
than
they
do
now.
Everyone
in
the
world
in
the
blockchain
world,
not
the
world,
knows
what
he
is
is
at
this
point
we
took
over
at
number
five,
oh
yeah.
B
A
Is
okay,
blockchain
capital
I'll
read
a
quote
from
their
announcement
and
it
kind
of
is
similar
to
what
wax
said.
Last
what
we
talked
about
on
last
week's
episode,
where
they
said
they
researched
all
the
different
block
chains
and
they
chose
yes,
because
it
was
the
best
one
that
they
wanted
to
build
on
right.
So
I
read
this
quote,
and
this
is
from
okay,
blockchain
capital.
After
studying
es
technology
evaluating
its
capabilities
in
the
es
community
in
the
past
year,
we
have
decided
to
form
our
first
blockchain
ecosystem
partnership
with
ESA.
A
B
I
mean
that's,
what's
crazy
about
all
that.
It's
stuff
that
you
know,
I
had
hoped
would
happen
for
sure,
with
the
research
I
had
done
the
NIA
starting
at
you
know
from
last
year,
but
to
see
it
actually
happen.
Now
to
see
these
major
players
in
the
crypt
of
space
not
only
come
out
and
stake
their
reputation
on
it,
but
also
stick
their
money
on
it.
It's
it's
just
amazing.
You.
A
B
One
of
the
things
I
think
people
need
to
understand
is
that
it's,
it's
not
like
a
couple.
Big
players
can
come
in
and
just
control
the
network,
the
nature
of
Eos,
the
nature,
the
Constitution,
the
nature
of
the
Harbert
raj
system.
It's
built
to
basically
prevent
these
big
players
from
coming
in
and
controlling
it
in
the
same
way
they
control,
Bitcoin
and
aetherium,
so
the
entire
software
and
governance
system
is
built
to
prevent
this,
so
them
coming
in
is
great.
B
It
legitimizes
the
platform,
it
brings
new
capital
new
developers,
all
this
stuff,
new
awareness,
but
but
don't
worry,
they
can't
just
come
in
and
buy
the
platform
and
kind
of
control
it
by
running
multiple
blog
producers,
there,
their
rules
in
place
through
the
Constitution
through
the
arbitrage
system,
to
prevent
that
from
happening.
So
really,
this
is
just
great
news
and
weather.
You
know,
aunt
pool,
gets
voted
in
or
not.
They've
brought
a
lot
of
awareness
to
us,
and
we
should
be
very
thankful
for
that.
The.
A
So,
if,
if
let's
say
the
number
one
block
producer
by
votes,
let's
just
pretend
that
becomes
bit
Phenix
right
and
they
get
hacked
or
their
CEO
commits
some
sort
of
fraud
or
something
which
you
didn't
as
far
as
I
know,
I
don't
even
know
their
CEO
is,
but
let's
say
like
there's
some
major
controversy
with
BitFenix
and
they
also
happen
to
be
an
ESB
P.
Just
that
hit
on
their
reputation
is
going
to
make
people
not
vote
for
them,
so
you
actually
get
kicked
out
of.
A
B
Out
instantly
cuz,
you
can
so
when
you
go
to
vote,
you
basically
lock
your
tokens
up
for
three
days,
but
you
can
change
your
vote
within
those
three
days
as
many
times
as
you
want.
So
you
could
go
in
and
vote
for,
Biff
in
X
and
10
minutes
later
realize
you
know
tether.
Is
this
all
a
scam
and
they
don't
actually
have
the
money
and
you
could
invoke
Biff
and
X
right
there
instantly
and
the
change
is
made.
A
Yeah
and
that
that's
that's,
how
you
build
trust
in
a
trust
list,
network
yeah
like
it.
It's
always
gonna
continue
on
with
people
who
are
are
people
or
nodes
that
are
following
all
of
the
rules.
If
anyone
breaks
the
rules,
they're
no
longer
going
to
be
part
of
the
network,
because
they're
gonna
get
voted
out
by
the
community
yeah.
This
is
a
man
just
talking
about
this.
Every
time
we
record
these
becoming
talked
about
it,
I
get
more
and
more
excited.
B
Yeah,
it's
it's
really
coming
close
here,
I
mean
less
than
forty
days,
where
we're
coming
down
to
the
wire
and
it'll
be
interesting
to
see
what
happens
with
you
know,
more
blog
producers
announcing
themselves
in
the
coming
weeks,
more
decentralized,
ABS
more.
If
you
see
funds
it,
let's
see
what
happens.
It's
been
a
crazy
past
five
weeks
and
we
look
forward
to
the
next
five
anyway.
I
think
that's
it,
for
this
week's
episode
be
sure
to
LIKE
and
subscribe
on
iTunes,
YouTube
or
SoundCloud
to
catch.
The
next
episode
thank.