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From YouTube: Everything EOS #4: Dan Larimer Shares Vision for Mass Adoption of Blockchain at Virginia Tech
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.
A
B
Again
for
joining
us
on
this
weekly
podcast,
where
we
talk
about
what
we
think
is
a
really
innovative
project
in
the
blockchain
space,
now
keep
in
mind
that
we're
not
being
paid
to
make
this.
This
is
not
a
sponsored
episode.
We're
simply
excited
members
of
the
community
who
hold
es
tokens
ourselves
as
a
quick
disclaimer.
This
is
not
intended
to
be
legal,
financial,
tax,
professional
or
any
other
kind
of
advice,
or
simply
passionate
about
AOS
MD
technology.
Behind
it,
and
as
a
final
note,
like
I
mentioned,
we
both
do
hold
AOS
tokens.
A
Today's
podcast,
we
will
be
discussing
a
recent
announcement
by
wax
who
will
be
building
a
custom
blockchain
and
protocol
token,
using
a
variant
of
iOS
and
they're,
using
it
to
serve
a
50
billion
dollar
in-game
trading
industry.
We
will
also
be
discussing
some
observations
from
the
recent
es.
Dax
snapshot,
/
airdrop,
as
well
as
some
upcoming
and
ongoing
EOS
and
block
1
events
and
milestones
and
to
wrap
up
we're
gonna,
take
a
deep
dive
into
the
most
buzz
where
the
EOS
dap
announced
to
date
ever
appear.
So.
B
A
Essentially,
wax
announced
that
they
were
gonna,
it
was.
It
seemed
like
good
news
at
first,
they
said
we're
gonna
use
AOS
to
build
our
platform
mountain.
This
is
a
company
that's
running
on
aetherium
right
now,
the
I'm
not
sure
how
long
they've
been
in
production,
but
everyone
saw
the
headline
saying
wax
will
be
building
on.
Yes,
yes,
so
everyone
got
excited
but
upon
further
observation.
A
What
they're
going
to
be
doing
is
they're
going
to
be
forking,
AOS
and
building
a
custom
chain
with
their
own
block
producers,
and
they
have
some
other
things
outside
of
block
producers
that
aren't
part
of
the
EOS
platform
itself
and
that's
actually
the
reason
they
said
that
they
had.
The
four
can
build
their
own
blockchain
from.
It
was
because
of
certain
specifics
that
they
needed
to
accomplish
with
their
blockchain
AOS,
couldn't
provide
yet
yeah.
B
B
So
they
couldn't
just
apparently
implement
it
in
a
smart
contract.
They
need
to
actually
change
the
governance
like
from
the
the
core
layer,
so
it'll
be
totally
separate
from
the
us.
Blockchain
it'll
be
their
own
blockchain.
That
just
happens
to
use
the
EO
software
as
kind
of
a
base
layer,
so
I
can
understand
why
people
are
upset
about
it.
Obviously,
you
know
for
some
context.
This
happens
all
the
time
with
a
theory
I'm
with
Bitcoin,
with
pretty
much
every
major
crypto
project,
because
these
things
are
open-source
projects.
B
That
means
anybody
can
take
the
code
and
use
it
for
anything
that
they
want.
So
this
is
not
the
first
time
it's
happened,
and
it
certainly
won't
be
the
last,
but
I
can
understand
why
people
are
upset
because
they
initially
thought.
Oh
cool,
like
wax,
is
gonna
build
on
the
eos
main
chain.
Oh
wait!
Actually,
no
they're!
Not
you
know
the
token
holders
won't
benefit
at
all,
so.
A
I
think
the
thing
most
people
are
concerned
about
is
they
want
their
free
tokens
yeah
everyone's
been
on
there.
The
assumption
that
everyone
who
builds
on
the
is
is
gonna,
give
us
a
free,
airdrop
token,
and
we've
even
talked
about
that
ourselves,
but
the
projects
that
you
could
probably
assume
you'll
get
an
airdrop
for
are
going
to
be
the
ones
funded
by
block
ones,
VC
partner
companies
exactly.
B
A
Yeah,
whereas
wax
they
raised
an
ICO
a
while
ago,
they
already
have
their
own
token
holders.
They
already
have
a
distributed
network
of
users,
so
it's
it's
a
little
bit
different.
But
but
it's
good
because
in
the
blog
post
itself,
I
read
through
it
the
other
day
and
they
explained
they
looked
into
every
other
blockchain
platform
to
serve
that
their
needs
and
they
chose
a
OS
and
said
it
was
above
and
beyond
what
all
of
the
other
block
chains
could
do
and
they
selected
yes,
because
is
the
absolute
best
one
yeah.
B
A
The
other
thing
everyone
needs
to
consider
is
block.
One
was
was
aware
of
this.
The
entire
time
and
I
think
that
was
part
of
the
reason.
The
community
was
a
little
bit
taken
aback
by
it.
Yeah
was
I,
have
a
screenshot
here
of
what
was
said
in
a
reddit
post
and
the
wax
I
Oh
representative
on
reddit
said:
correct
will
be
working
with
the
core
dev
team
over
at
EOS,
so
that
they
were.
The
community
was
a
little
bit
thrown
back
by
wise
block
one
helping
this
company.
A
If
this
company
is
building
their
own
fork,
that's
not
going
to
benefit
the
e
s
main
net
and
we'll
get
into
that
a
little
bit
later,
we're
gonna
talk
about
what
what
happens
with
block
one
after
the
main
net
launch,
because
they've
said
we're
gonna
build
the
software
similar
to
Linux.
Linux
is
an
open
source
software
that
anyone
could
download
and
use
free,
but
there's
also
something
called
Red.
Hat
Linux,
which
is
more
of
like
a
proprietary
version,
and
the
creators
of
Linux
actually
provide
consultation
and
development
on
Linux
and
that's
how
they
monetize
it.
A
B
I
have
a
lot
of
theories
about
this.
Actually
I.
Don't
think
this
is
as
simple
as
it
appears
right
so,
like
block
one
has
now
almost
three
billion
dollars
from
the
crowd
sale.
That
is
like
all
their
money.
They
get
to
keep
that
money.
They
can
do
whatever
they
want
with
it,
so
they
don't
need
any
additional
kind
of
consulting
dollars
to
do
something
like
this.
So
I
have
a
couple
theories
that
like
why.
Why
would
is
somebody
with
three
billion
dollars?
Take
their
limited
amount
of
resources,
dedicate
them
to
some
other
company?
B
Think
it's
honestly
comes
down
to
two
things.
I
think
the
first
is
a
case
study
so
that
block
one
can
go
to
people
who
say
hey.
We
want
to
use
your
tech
they'll,
be
able
to
say
here's
how
much
it
cost
wax
to
implement
their
own
blockchain
using
our
software
it'll
be
some
insane
amount
of
money.
Some
insane
amount
of
development
resources
and
it'll
be
able
to
compare
that
to,
like
a
DEP
say
ever
a
pedia
that
launches
on
the
eos
main
chain
and
they'll
say
hey,
which
one
do
you
want
to
do.
B
You
can
do
the
much
cheaper
option,
it's
much
easier,
it's
much
cheaper,
it's
much
more
secure
and
they'll
have
that
kind
of
case
study,
but
I
also
think
from
a
legal
perspective.
This
protects
block
one
even
more
in
terms
of
not
launching
EOS
and
not
making
anything
as
security,
because
they
truly
are
now
supporting
multiple
implementations
of
this
software,
not
just
one
use
main
chain
so.
A
I
think
it
helps
them
there
too.
That
makes
a
great
point
so,
after
the
community
launches
the
main
net,
this
June
yes,
has
been
stating
the
whole
time
that
they
will
play
no
part
in
launching
the
main
net
and
what
Rob
just
said
makes
perfect
sense,
because
if
there's
multiple
chains
going
on
and
they're
supporting
all
of
them,
then
you
can't
really
hold
them
accountable
for
any
one
of
them,
because-
and
you
definitely
can't
hold
him
accountable
for
all
of
them,
because
they
might
not
be
involved
with
every
single
fork.
Yeah.
C
A
B
I
tweeted
something
similar
not
about
wax,
but
about
other
projects.
The
other
day
which
I
think
it's
pretty
interesting.
We're
gonna
see
people
go
to
say
their
favorite
aetherium
dap,
and
if
you
can
convert
that
over
as
a
solidity
developer,
if
you
can
convert
that
'if
dap
to
a
neo
staff
in
a
week,
they're
gonna
be
people
who
take
existing
open-source
icos
and
convert
them
to
eos.
Without
the
the
creators
of
thats
permission.
A
That's
the
benefit,
so
if
it's
good
and
bad
for
open-source
yeah
people
can
still
steal
your
work
borrow
your
work.
Whatever
you
want
to
call
it
what's.
Gonna
be
interesting,
is
in
the
governance
model
of
es.
There's
gonna
be
a
worker
proposal
system,
yeah.
So
let's
say
I'm
a
blockchain
developer
I'll
be
able
to
submit
a
proposal
to
the
es
community.
A
Saying:
okay,
I
want
to
take
this
aetherium
project,
I'll,
say
Bank
or
just
since
they've
already
ported
I'm
gonna
propose
that
I
want
to
convert
Bank
or
from
an
aetherium
project
to
an
EOS
project
and
I.
Think
it's
gonna
take
six
months
to
do
and
I
estimate
that
it's
gonna
cost
10,000
es
and
that's
my
propose
would
be
a
lot
more
detailed
than
that.
B
This
is
the
craziest
thing.
Basically,
what's
happened
is
block.
Producers
were
originally
going
to
be
the
ones
I
think
making
these
decisions
on
funding
which
taps
the
fun,
but
what's
happened
is
that
block
one
has
come
out
and
said:
okay,
we
actually
only
want
one
percent
of
that
total
inflation.
You
go
to
block
producers
and
the
rest
and
a
fund
that
then
the
token
holders
vote
on
so
they
alone.
B
Can
the
community
alone
can
now
vote
on
where
those
funds
go,
which
I
think
is
a
much
better
model
rather
than
leaving
it
in
the
hands
of
just
like
20
people
to
to
control
it.
Also,
if
you
think
about
the
amount
of
money,
though
they
can
can
pour
into
DAPs
because
of
this,
if
the
token
price
in
the
futures
at
a
hundred
dollars,
it's
a
hundred
billion
dollar
market
cap.
Four
percent
of
that
is
gonna,
go
to
this
worker
proposal
fund.
So
that's
four
billion
dollars.
B
A
C
A
We're
looking
at
what,
with
the
half
glass
full
lens
and
looking
at
the
good
side
of
it,
they
love
the
technology.
They
chose
it.
That
doesn't
mean
in
the
future.
They
can't
join
the
main
there's
a
lot
of
variables,
but
I
think
a
lot
of
the
negativity.
It
was
front
from
the
community
who
doesn't
see
the
big
picture
and
they're
just
looking
at
it
from
maybe
in
a
monetary
standpoint,
from
a
standpoint
that
one
wants
a
free
air
drop.
Well.
B
C
B
Think
about
it,
everybody,
including
block
one,
is
incentivized
to
launch
some
kind
of
main
chain
and
have
that
main
chain.
As
the
single
main
chain
don't
forget,
block
one
has
ten
percent.
They
have
a
hundred
million
euros
tokens
that
are
coming
to
them
once
this
thing
goes
live
vested
over
ten
years,
so
they're
incentivize
more
than
anybody
else,
arguably
to
make
sure
that
all
of
the
DAPs
that
they're
funding
through
the
VC
program
are
building
on
that
one
main
chain
rather
than
other
separate.
A
Yeah,
so
there's
no
worries
here:
I
mean
whether
Brock
Pierce's,
a
number
of
a
thousand
apps
around
the
time
of
launch,
is
true
or
not.
If
there's
gonna
be
a
thousand
apps
that
are
funded
through
the
es
VC
funds,
then
those
are
all
gonna
be
on
the
main
net.
There's
no
worries
here
that
there's
there's
plenty
of
room
for
Forks
and
whatever,
but
the
main
that's
always
gonna
be
very
strong.
The
main
that
is
funded
by
what
almost
four
five
three
billion
dollars
so
far,
yeah.
B
And
yeah
the
one
last
comparison
I'll
make
is
this
feels
very
similar
to
like
the
enterprise
aetherium
Alliance,
that
all
those
big
companies-
mastercard
visa,
a
bunch
of
other
huge
companies,
basically
came
together
and
form
this
enterprise
aetherium
alliance
and
the
theorem
community.
For
a
long
time
thought
these
people
were
building
on
maintenance,
but
in
reality
they
were
all
just
building
their
own
private
chains.
So
this
feels
very
similar
where
some
corporations
may
come
in.
Even
you
know,
even
if
not
through
an
alliance
may
come
in
and
say
hey.
B
We
like
the
EOTech,
we're
gonna
build
our
own
private
chain
because
there
are
still
needs
for
for
private
blockchains.
There's
still
use
cases
for
private
blockchains
in
some
way,
so
it
feels
very
similar
to
that
we're.
Obviously
the
etherium
main
had
still
thrived,
but
you
did,
of
course,
have
these
other
companies
building
their
own
private
versions
of
it.
I.
A
B
A
And
we've
talked
about
the
air
drops
like.
Don't
don't
get
us
wrong
like
we
see
the
value
in
our
jobs,
we
want
them
to.
Everyone
wants
air
drops,
but
we're
just
have
the
understanding
that
not
everyone's
gonna
give
them
to
us
and
that's
fine,
but
this
is
the
first
big
air
drop
because
they
I
think
he
has
dak
did
a
really
good
job
of
marketing,
like
the
average
investor.
Somehow
everyone
knew
about
this
that
the
CIO's
telegram
channels
are
getting
swamped
yeah.
It's.
A
C
B
C
A
B
C
B
So
s
DAC
is
basically
so
of
the
121
blog
producers
that
are
gonna
secure.
The
network
secure
the
US
Network
Co
stack
is
setting
up
basically
a
community-owned
block
producer.
So
that's
what
he
OS
deck
is
ultimately,
so
they
took
75%
of
their
and
1.2
billion
tokens
that
they're
printing
and
gave
them
out
to
EOS
holders
on
a
one-to-one
basis.
So
if
you
had
a
thousand
EOS,
you
got
a
thousand
you
of
stack
and
you'll,
be
able
to
use
those
EO
stack
tokens
to
vote
on
different
proposals
to
vote
on.
B
A
So
people
were
wanting
this
free
token
from
the
airdrop
make,
with
the
assumption
that
this
block
producers
gonna
get
voted
in
and
actually
monetize
itself
said
that
this
token
has
future
value
and
that's
not
even
a
guarantee,
III
think
the
tokens
already
trading
on
I,
think
fourth
Delta
or
something
it's
called.
It
was
trading
at
about
two
cents
and
I
read
somewhere,
there's
up
to
15
cents,
I've,
never
even
been
on
this
website,
I'm
just
going
by
what
people
said
in
the
ES,
DAC
telegram,
channel,
yeah,
I
think.
B
A
C
A
C
A
If
they
were
a
regular,
traditional
ICO
and
they
had
a
thousand
billion
tokens
that
works
out
to
about
3
cents
token,
so
for
every
airdrop
you're
looking
at
increasing,
if
we're
saying
that
that
airdrop
adds
value
to
the
is
token
each
one
is
gonna,
be
fractions
of
a
cent
to
maybe
a
few
cents,
but
yet
for
whatever
reason,
the
volume
doubles
and
the
price
spikes
by
a
dollar.
Well,.
B
A
very
small
recession,
we're
gonna,
do
really
well
yeah.
If
this
is
what
one
airdrop
before
the
EOS
main
it
even
launches,
and
then
you
can
airdrop
for
free,
because
you'll
have
to
pay
a
transaction
fee
on
every
single
you
know
drop
you
send
out
once
that
launches
and
there's
an
airdrop
happening
every
week.
This
is
gonna,
be
it's
gonna,
be
I,
can't
wait.
Yeah.
B
A
B
Release
candidate
2
is
sort
of
the
the
second
more
polished
version.
That'll
fix
a
lot
of
the
bugs
that
are
happening
in
the
current
dawn
3.0
test
that
there
a
lot
of
block
creatures
I've
talked
to
who
are
having
some
some
issues
ever
they're
still
able
to
produce
blocks
and
keep
their.
You
know
note
up
for
the
majority
the
time,
but
it's
certainly
not
ready
for
that.
June
1st
launch
yet
so
May
4th
will
give
us
that
next
more
polished
sort
of
more
final
version
of
the
code,
so.
B
A
I
think
some
of
the
other
big
innovations
with
es
is
gonna,
be
their
governance
model
yeah.
So
one
of
the
cool
things
about
EOS
is
they've.
They've
got
many
telegram
channels
with
different
topics
of
conversation,
and
one
of
them
that
I
can't
follow
completely
every
day.
Is
the
governance
Channel,
but
there's
so
much
going
on
there
there's
people
there
they're,
not
necessarily
developers,
but
their
sole
focus
is
on
governance
and
they're
they're,
taking
constitutions
from
countries
all
over
the
world
and
analyzing.
A
B
Absolutely
I
mean
if
you
look
at
any
other
major
blockchain
governance
is
the
one
piece
that
always
holds
it
back
like
if
you
think
of
the
the
whole
Bitcoin
block
size
debate,
or
even
that
you
know
implementing
segue
that
whole
debate.
It's
because
there's
no
formalized
governance.
All
of
the
you
know.
Miners
are
the
ones
who
ultimately
control
what
happens
and
make
the
decision.
So
there's
no
governance
process
in
place
to
come
to
an
agreement
or
a
disagreement
on
any
kind
of
decision.
So
with
the
years.
B
B
It
will
be
actually
kind
of
similar
to
that,
but
also
similar
to
say,
like
the
Bill
of
Rights
in
the
u.s.
for
a
has
different
articles.
So
you
know
article
two
I
saw
recently
I
forget
what
it
dealt
with,
maybe
arbitrage
or
something
like
that.
But
there'll
be
all
these
all
these
different
articles
of
the
Constitution.
That
kind
of
make
up
the
overall
governance
structure
and,
of
course
the
Constitution
can
be
changed
by
you
know
a
vote
of
the
block
producers
who
are
then
voted
in
by
the
token
holder.
A
B
I
use
E
as
Co
as
well.
Their
telegram
recaps
are,
you
know,
a
godsend,
so
you
don't
read
through
all
of
the
thousands
of
messages.
So
that's
been
super
helpful,
but
the
governance
was
interesting.
I
read
part
of
that
post
with
you
know,
use
New
York
was
in
there
a
bunch
of
other
people
were
in
there
sort
of
discussing
their
concerns,
and
one
of
the
biggest
concerns
was
that
there's
a
huge
amount
of
block
producers
launching
in
China
and
there's
some
interesting
talk
about.
A
Else
that
was
cool
recently,
we
could
actually
play
some
sound
clips
here.
In
a
minute.
Last
month,
Dan
Larimer
actually
gave
a
seminar
at
Virginia
Tech,
which
he's
an
alumni
of.
He
gave
a
blockchain
seminar
and
it
was
just
recently
posted
the
other
day
on
YouTube
bye-bye
block
one
and,
and
he
and
he
went
through
his
whole
speech.
A
It
wasn't
a
whole
lot
of
new
stuff
during
that
seminar,
if
you've
been
following
EOS
but
was
really
interesting,
was
at
the
end,
some
of
the
QA
and
and
the
the
questions
some
of
the
students
and
community
asked
and
how
he
answered
them
and
hearing
how
he
answered
them
and
also
knowing
different
snippets
of
things.
He
said
in
the
telegram
channels
of
his
plans
after
EOS
launches
on
the
main
net.
It
was
very
interesting,
so
the
first
sound
clip
we'll
play
for
you
here.
The
question
asked
was:
if
es
IO
is
open
source.
C
Build
vertical
applications:
on
top
of
that,
we'll
be
building
a
social
media
platform
on
top
of
blockchain
we'll
be
providing
services
to
people
who
want
to
build
apps
like
IBM
would
be
providing
consulting,
there's
all
kind
of
things
we
can
do
to
make
money.
Basically,
how
does
any
company
or
database?
How
does
MySQL
make
money?
It's
the
same
kind
of
thing,
except
the
types
of
applications
that
were
reinventing
or
revolutionizing
very
profitable,
so.
A
I
guess
this
goes
back
to
what
we
were
talking
about
earlier
about
how
the
block
one
core
dev
team
is
helping
wax
with
their
fork
of
the
es
blockchain
yeah.
Essentially,
what
block
one
will
end
up
doing
is
becoming
like
a
consulting
company
who
consults
with
anyone
that
wants
to
use
their
open
source
software,
whether
it's,
whether
it's
the
main
net
or
a
fork,
they're
willing
to
support
you
and
they
can
collect
fees
at
an
hourly
rate.
A
But
what
I
think
is
actually
gonna
happen
is
a
lot
of
its
going
to
be
funded
by
their
own
grants
from
the
ICO
funds
yeah.
So
it's
almost
like
free,
consulting
but
I.
Think
what
they're
trying
to
do
is
reach
mass
adoption
that
that's
that's
the
thing
that
for
any
of
these
blockchain
companies
to
succeed,
they
have
to
achieve
mass
network
adoption.
And,
interestingly
enough,
that
was
the
follow-up
question
that
Dan
was
asked.
He
was
asked.
How
do
we
get
to
mass
adoption?
What
are
the
obstacles.
C
Well,
you
have
to
create
a
system,
that's
so
viral
in
its
own
right.
The
people
will
adopt
it
without
being
forced
to
adopt
it.
You
create
a
new
system
and
you
move
to
the
new
system,
so
you
create
a
social
media
platform
that
everyone
wants
to
be
a
part
of,
and
it
can
govern
itself
so
well
that
people
want
to
use
the
social
media
governance
for
more
things,
and
it
just
creeps
them
to
use
natural,
a
versus,
saying,
hey,
let's,
tear
down
the
old,
replace
it
with
the
new.
C
B
Them
yes,
the
steam.
It
is
the
first
blockchain
based
social
network,
it's
basically
a
decentralized
reddit.
If
you
used
reddit
calm
or
you
upload
down
about
people,
it's
that
but
decentralized
and
totally
on
a
blockchain.
So
what's
interesting
about
it
and
that
the
most
notable
thing
is
that
if
you
say
make
a
post
in
one
of
the
you
know
the
what
would
effectively
be
a
subreddit.
But
one
of
the
subsections
and
you
get
uploaded
to
the
the
front
page
and
you
get
a
ton
of
up
votes.
B
A
Dan
Larimer
invented
the
this
software,
it's
delegated
proof
of
stake
and
he
did
in
two
months
actually
yeah,
that's
what's
so
crazy
about
it
so
and
then
the
telegram
channels
he's
mentioned
that
he
wants
to
build
a
better
steam
in
the
future
and
him
quoting
this
and
saying
block
one
one
of
the
first
things
on
the
roadmap
after
the
main.
That
launch
is
to
build
their
own
social
media
platform,
yeah
so
think
about
the
stuff.
That's
going
on
with
Facebook
right
now
where
data
is
front
and
center.
A
B
Imagine
if
they
could
put
out
a
system
but
a
system
out
that
first
of
all
doesn't
have
transaction
fees,
so
your
mom
can
sign
up
for
it.
It's
just
like
she's
signing
up
for
Facebook.
She
has
no
idea
she's,
even
using
a
blockchain,
but
then
you
tell
her
hey
if
your
post
goes
viral.
If
you
get
a
lot
of
likes
on
your
post,
you're
actually
gonna
make
real
money,
plus
your
data
secure
or
you
can
sell
your
data
to
somebody
for
more
money.
A
The
reason
Facebook
is
Facebook
is
because
of
the
mass
network
effect
yeah.
If
all
of
your
friends
and
family
weren't
on
Facebook,
you
wouldn't
be
on
Facebook,
either
exactly
and
they
have
no
competition
there
during
Zuckerberg
is
grilling
at
the
center
here.
I
forget
what
congressman
really
groped
him
but
they're
like
mark
who's,
your
number-one
competitor,
and
he
said.
A
Well,
we
have
multiple
competitors
in
multiple
categories,
which
makes
sense
because,
like
there's,
LinkedIn,
there's
Twitter
right,
they
compete
in
certain
areas,
but
there's
no
competitor
that
competes
on
everything
and
I
think
the
world
is
ready
for
what
that
next
thing
is
Stephanie
just
hasn't
been
invented
yet,
but
but
to
go
back
to
it.
What
Dan
said
is
what
you
have
to
do.
Is
you
have
to
have
a
way
to
get
these
people
who
aren't
blockchain
enthusiasts
a
they
don't
care
about
blockchain?
A
They
they
just
want
a
better
system
and
to
get
them
to
adopt
it
and
create
accounts
on
it.
If
block
one
is
successful,
with
building
like
what
look
like
a
Facebook
2.0,
any
account
created
on
it
would
actually
most
likely
be
a
global
account
that
would
work
across
all
used
apps.
So
if
you
sign
up
for
up
key
cone
at
Facebook,
2.0
I,
don't
have
a
different
names,
Dan's
call
it
steam,
2.0
and
I'm
sure
it
won't
be
call
it
steam
right.
A
But
anyone
who
creates
an
account
on
your
grandma
who
creates
an
account
on
Facebook
2.0,
just
because
she
wants
to
see
your
cat
pictures.
She's
gonna
have
a
nice
wallet
now
yeah
she's
gonna
be
able
to
contribute
to
consensus
votes
that
that's
interesting.
To
is
every
website
you
sign
up
for
as
terms
and
conditions
right
now,
and
nobody
reads
them
right.
B
A
You
trust
the
company,
so
essentially
what
a
constitution
will
be
with
us
is
terms
and
conditions.
Yeah
and
they're
gonna
be
customized
for
every
different
DAP,
every
every
side,
I
guess
wouldn't
be
a
such
and
every
other
chain
rise.
The
main
that
there's
the
main
that
then
there's
all
the
interoperable
yeah.
All
the
interconnected.
A
They're
they're
gonna
introduce
governance
to
the
general
public,
so
step.
One
is
getting
people
to
sign
up
for
it
if
it's
a
better
Facebook
and
to
get
the
features
you're
talking
about
a
whole
world
of
developers
who
we
talked
about
the
work
proposal
system
earlier
right.
So
you
using
that
same
governance
model
for
the
work
proposals.
Let's
say:
I'm
a
developer
and
there's
a
really
cool
feature
that
everyone
wants
on
this
Facebook
or
Twitter
2.0,
but
someone's
got
to
build
it.
A
B
Well,
that's
what's
so
cool
if
you
think
about
anytime,
Facebook
makes
a
change
whether
it's
a
change
of
the
newsfeed
or
the
algorithm,
or
something
like
that
everybody's
up
in
arms
about.
Why
did
you
change
this?
Why
did
you
do
this?
But
theoretically,
with
a
decentralized
version
of
Facebook,
a
Facebook
2.0
like
we're
talking
about
you
could
have
people
using
their
own
different
interfaces
to
connect
with
the
content
they
would
know
using.
B
But
even
even
if
say,
the
whole
community
doesn't
agree,
you
could
actually
have
say
half
of
the
people
on
one.
You
know:
version
of
user
interface
and
another
half
using
a
different
version
to
access
the
same
content.
So
because
it's
decentralize
right
now,
you
know
if
I
said:
hey
I
want
to
design
I
want
to
make
Facebook
look
different
and
just
use
Facebook
through
a
different
UI
I'm,
not
able
to
do
it
because
it's
totally
closed
source.
B
If
you
think
about
it,
it
makes
it
kind
of
sense,
because
first
of
all,
Dan
has
experience
doing
it
before
with
steam,
but
also,
if
you
think
about
block
one
is
what
they
really
are,
which
is
ad
app
development
company.
That's
what
they're,
using
a
chunk
of
that
those
10%
of
tokens
for
is
to
get
them
bandwidth
and
computational
stake
on
the
u.s.
main
chain.
They're
gonna
be
building
tons
of
dab,
so
it
only
sense
for
them
to
come
up
with
something.
A
I
can't
wait,
it's
gonna
be
a
more
secure
version
and
maths.
Network
adoption
is
pretty
much
what
we're
all
waiting
for.
It's
fitten
teased
for
years
now,
I
think
we're
getting
closer
and
closer
we're
still
probably
a
few
years
away,
but
but
it's
coming
I
think
if
this
social
media
platform
comes
to
fruition.
Whenever
you
create
your
account,
like
I
said
it's
probably
gonna
be
global
across
all
used
apps,
so
you
can
think
of
it
like
a
Facebook
or
a
Google
login,
but
it's
gonna
work
for
every
e-commerce
site.
A
You're
not
gonna,
have
to
give
up
your
personal
information
to
anybody
and
you'll
you'll
be
able
to
see
who
accesses
it
and
when
and
you
could
revoke
that
access
at
any
time
it's
going
to
introduce
the
general
public
to
governance
and
decentralized
organizations
like
you,
you
find
someone
on
the
street
and
say
we
were
heard
of
a
decent,
a
DAC
or
Dow
and
they'll.
Look
at
you
like
weird,
because
it's
so
hard
to
understand
these
economic
models.
Yeah
they've
never
been
proven.
A
These
governance
models,
economic
models,
people
are
people,
don't
understand
how
even
on
steam
it
people
use
steam
it.
If
they're
not
blockchain,
savvy
and
savvy
of
deep
Oz,
they
don't
understand
where
the
money
comes
from
right,
but
but
the
money
comes
through
from
an
inflationary
system
so
nobody's
actually
paying
for
it.
B
B
So
something
that
might
you
know,
sort
of
fill
that
void
is
a
decentralized
Wikipedia.
So
ever
a
PDA,
which
we've
mentioned
a
couple
times,
we're
finally
gonna
talk
about
it
on
this
episode
is
exactly
that.
It's
a
decentralized
Wikipedia
that
will
be
built
completely
on
a
OS
and
has
a
really
interesting
governance
model
on
you
know
how
changes
are
proposed,
how
new
pages
get
added,
there's
a
lot
of
really
interesting
things
being
done,
and
a
lot
of
really
complex
problems
that
wikipedia
has
that
are
being
solved
by
ever
pedia.
So.
A
B
B
A
Like
the
meaning
behind
the
leader,
exact,
like
a
crowd
source,
so
you
listen
to
a
song
and
a
song
means
something
different
to
everybody.
So
the
way
I
interpret
a
song
is
different
than
how
Rob
would
interpret
a
song,
but
we're
both
allowed
to
add
to
this
community
resource.
So
you
look
up
a
song
you
like
with
the
lyrics,
and
then
it
has
everyone's
opinions
on
like
what
the
lyrics
actually
mean
and.
B
A
B
If
you
think
about
another
person
on
the
every
P
diety
m--,
that
also
has
experiences
Larry,
Sanger
who's,
actually,
the
co-founder
of
Wikipedia,
he
wrote
the
the
sort
of
it's
similar
to
a
Constitution.
It's
sort
of
like
this
culture,
doc
almost
for
Wikipedia
that
he
linked
in
the
ever
pedia
chat,
but
he
was
instrumental
over
there
co-founded
Wikipedia
that
we
all
use
and
know
that
Wikipedia.
B
B
B
A
Goal
of
Wikipedia
or
any
wiki
is
it's
like
a
global
encyclopedia.
It's
the
world's
knowledge
being
shared
to
the
rest
of
the
world
and
that's
what
it's
trying
to
accomplish,
but
through
censorship
they
could.
They
could
hide
the
world's
knowledge
from
a
particular
group.
People
in
North,
Korea,
probably
don't
have
access
to
the
outside
world.
So
therefore
a
quick
they
live
in
their
bubble
and
accept
it.
B
Well
that
happens
here
too
I
mean
there
are
things
that,
especially
during
the
last
election
on
both
sides,
for
you
know,
regardless
of
which
political
affiliation
you
hold
on
both
sides,
things
are
being
taken
down
being
censored.
Incorrect
info
was
put
up,
so
it's
a
problem
in
the
US
as
well,
not
just
in
places
like
Iran
and
North
Korea,
so
censorship
is
the
main
one.
Obviously,
if
you
put
something
on
a
blockchain,
it's
totally
immutable.
B
Anybody
can
access
it
from
anywhere
in
the
world
and
they'll
be
able
to
get
this
data,
but
the
second
one,
which
is
probably
the
most
interesting
part
of
all
of
this,
was
what's
called
a
notability
rule.
So
if
you've
never
tried
to,
actually
you
know
submit
a
page
for
yourself
or
your
business
or
whatever
it
may
be
to
Wikipedia.
If
you've
never
tried
to
do
that,
you
probably
never
encountered
this.
B
Is
so
weird,
it
seems
so
backwards
to
me
that
you
know
you
should
be
putting
new
knowledge
on
this
platform
that
people
don't
know
so
that
they
can
learn
rather
than
just
knowledge
of
people
that
already
exist.
So,
for
example,
Brad
Pitt
according
to
Wikipedia
is
somebody
who
is
notable
enough,
because
he's
known
worldwide
to
be
on
the
platform
but
Dan
Larimer,
say
who's
with
EOS
may
not
be
because
you
know
people
may
not
know
who
he
actually
is,
so
they
won't
publish
his
page.
A
B
It's
it's
basically,
a
centralized
governance
model
where
all
these
different
editors
have
the
power
to
approve
edits,
remove
edits,
make
their
own
and
it's
based
on
how
many
edits
they've
made
in
the
past.
So
whatever
pedia
does
also.
Is
it
sort
of
solves
that
data
accuracy
and
an
almost
data
corruption
issue
where
there's
a
new
governance
model
where
you
have
to
stake
tokens?
If
you
want
to
make
a
change
and
then,
if
this
randomized
group
of
people
that
also
own
tokens
approve
your
change,
you'll
get
a
token
reward.
A
I
think
going
back
to
having
a
global
account
level
for
the
Eos
blockchain
is
if
you're
gonna
be
a
troll
on
ever
appeal,
eeeh
and
and
or
like
on
a
Yelp
or
something
like
give
fake
false
ratings
and
just
troll.
Everyone
you're
gonna,
ruin
your
reputation
across
the
entire
internet
3.0
because
you're,
not
there,
there's
eventually
gonna
be
a
time
when
Alma
at
the
global
account
level
like
they
might
require
kyc,
and
you
can't
create
a
second
account
right.
C
A
B
Mean
I
just
think
that,
out
of
all
of
this,
you
know
beyond
the
governance
beyond
the
censorship.
What
excites
me
the
most
is
removing
that
notability
rule.
So
if
you
think
Wikipedia
right
now
has
about
5
million
different
articles
on
it,
they've
deleted
another
based
on
that
notability
rule.
They
deleted
another
495
million
articles
because
people
submit
them
and
they
decline.
99
out
of
100,
so
Wikipedia
would
be
a
hundred
times
larger
than
it
is
now
and
have
500
million
articles
instead
of
5
million.
B
If
that
roll
didn't
exist
so
already,
every
pedia
sort
of
automatically
imported
all
the
content
from
wikipedia
into
every
PDF
and
when
a
new
articles
added
to
wikipedia,
if
it's
not
already
on
every
pedia
it
gets
added
automatically.
But
what's
cool
is
that
in
the
short
time
that
it's
been
live
in
sort
of
the
centralized
version
before
the
eos
blockchain
launches
they've,
already
added
a
million
new
articles,
so
every
PD
already
has
20%
more
content
than
Wikipedia
Rob.
A
B
You
know
my
my
dad
may
know
something
about
my
grim
grandma
that
my
mom
does
in
and
and
vice
versa,
so
I'm
trying
to
compile
all
of
that
data
and
make
a
never
a
pedia
page
for
all
of
my
ancestors
and
kind
of
link
them
together
in
this
cool
family
tree.
That
will
then
exist,
for
you
know:
10
10
generations.
From
now
my
great-great
great-great
great-great
grandkids
should
be
able
to
look
at
that
and
go
oh
wow.
You
know.
A
It's
literally
gonna
become
a
I
mean
a
better
world
encyclopedia
because
you
just
mentioned
like
your
family
tree
and
genealogy
com
or
whatever
that's
siloed
data
yeah.
So
it's
taking
all
the
siloed
information,
putting
it
in
one
place
and
that's
what
most
people
think
of
Wikipedia
is
currently
anyway.
It's
just
a
lot
of
people.
Don't
know
about
this
notability
rule
that
you
just
mentioned
well,.
B
That's
where
the
name
every
PD
actually
comes
from
they're
trying
to
make
it
the
every
pedia
right.
If
you
think
about
even
you
know,
video
games
have
their
own
wiki's,
like
wow
pedia
for
world
warcraft.
Is
this
whole
giant
million-plus
article
thing
about
this
one
single
game,
they're
trying
to
take
all
of
these
different
wiki's
around
the
world
and
sort
of
combine
them
into
one
giant,
every
a
PDA
or
every
single
PDF
about.
A
So
we're
talking
about
contributing
data
to
every
PD.
What
about
for
the
end
user,
because
not
everyone's
gonna
want
to
actually
be
an
editor
and
contribute
information
to
the
platform.
So
what
benefit
would
the
end
users
see?
Who
is
just
googling
for
information
and
comes
across
every
PD
articles?
Yeah.
B
A
B
If
you
think
about
this
change,
putting
it
on
a
blockchain
having
this
whole
governance
and
verification
process
for
this
information,
theoretically,
every
pedia
could
become
the
trusted
source.
Where
everybody,
your
college,
professor,
says,
hey,
you
have
to
cite
your
sources
with
every
pedia,
because
we
know
that
it's
legit,
so
that's
really
where
the
end
user
benefits
is
the
lack
of
censorship
and
the
increased
accuracy
of
data.
B
It's
definitely
more
visually
appealing.
You
know.
Some
of
the
pages
have
huge
images
on
them
that
make
them
look
more
like
big
website
landing
pages,
but
what's
cool
about
it.
What
a
lot
of
people
don't
know
is
that
ever
a
PDA
itself
and
the
IQ
token
is
more
of
a
protocol
than
a
decentralized
app.
So
anybody,
if
you're
listening
out
there
it
includes
you,
is
able
to
essentially
build
their
own
front-end
version
that
can
then
access
the
content
on
every
pedia.
A
You
mentioned
the
IQ
token,
and
we've
mentioned
it
in
past
episodes
because
of
the
airdrop
I
guess
to
recap,
for
anyone
who
hasn't
been
listening
for
the
first
couple,
episodes
ever
a
PDA
is
actually
the
first
block
one
VC
funded
DAP
that's
been
announced,
they've
received
thirty
million
dollars.
Was
it
from
galaxy
I
believe.
A
And
what
they're
doing
is
they're
since
they're
funded
through
this
VC,
who
was
funded
through
the
EOS
ICO
and
instead
of
people
buying
these
tokens
they're
being
distributed
to
every
EOS
token
horse?
If
Fiona
Neos
token
you
now
own
a
Neos
token
and
an
IQ
token.
So
there
were
a
lot
of
questions
about
what
the
IQ
tokens
utility
would
be
because
there
wasn't
a
white
paper
yet
usually
don't
announce
an
ICO
until
you
have
a
white
paper,
but
in
this
case
they
announced
themselves
before
they
even
had
a
white
paper.
They
announced
everyone's
gonna.
A
B
The
IQ
token
Bayt,
pretty
much
exclusively,
is
used
as
a
governance
mechanism
and
as
a
reward
mechanism.
So
basically
the
the
way
it
works
is
if
I
want
to
make
an
edit
to
a
page.
I
have
to
stake
a
certain
amount
of
token,
so
I'll
say
you
know
just
to
use
an
arbitrary
number
I'll
take
10
IQ
tokens
send
them
into
a
smart
contract
along
with
my
edit
and
that's
basically
to
prevent
you
know
bad
actors
prevent
spam.
B
So
if
I'm,
if
I'm
changing
this
to
incorrect
data
and
the
community
catches,
it
I'll
lose
those
10
tokens
as
kind
of
a
punishment,
but
if
50%
of
the
people
in
this
randomized
jury,
that
sort
of
you
know
vote
on
whether
or
not
my
edit
is
legitimate
or
not.
If
50%
of
people
say
yes,
this
is
legitimate,
then
it
gets
published
and
I
get
my
10
IQ
tokens
back,
but
if
75
or
more
percent
of
people
say
yes,
this
is
legit.
A
C
B
Not
sure
if
you
can
change
the
amount
of
tokens
you're
staking
per
edit
or
if
it's
just
a
flat
amount
per
edit,
but
I
do
know
that
you
can
stake
tokens
on
a
particular
topic.
An
have
edit
authority
over
it.
So,
for
example,
with
my
family
pages
that
I'm
creating
I
want
to
make
sure
that
somebody's
not
coming
in
and
entering
incorrect
data
and
tampering
with
that.
So
I
could
stake
a
ton
of
IQ
tokens
on
those
pages
and
basically
have
a
significant
amount
of
thority.
B
A
I
guess
that
solves
a
problem
of,
like
you,
said
trustworthiness
of
the
information
read
on
the
encyclopedia,
because,
if
you're,
not
a
hundred
percent,
sure
that
whatever
you
want
to
post
could
be
fact-based,
then
you're
not
gonna,
really
want
to
stake
your
tokens
on
it,
but
I
guess
going
back
to
how
the
the
notability
role
and
how
I
can
make
a
page
about
my
cat
mm-hmm.
So
my
cat
scared
of
vacuum
cleaners,
but
if,
on
my
ever
a
PDF,
my
tokens
I
say
my
cat
loves
vacuum
cleaners,
he
loves
riding
on
the
Roomba.
A
B
In
most
cases,
when
you
make
an
article,
you
have
to
cite
your
source,
so
it
can't
be
something
like
that
you
could
probably
get
away
with
it
with
postings
in
America
and
its
preferences.
But
generally
you
need
to
cite
your
source
so
like.
If
it's
about
Bill
Gates
and
you
said,
Bill,
Gates,
hates
pasta,
you
would
have
to
link
to
an
article
or
a
quote.
You
know
from
another
source
that
actually
says
Bill
Gates,
hates
pasta
and
is
like
a
real
factual
source.
So
it's
all
backed
up
just
like
Wikipedia
is
with
sources.
A
Have
another
note
here
that
it
refers
to
like
the
talk
pages
and
discussion
threads
among
editors
I've
never
been
an
editor
on
Wikipedia
or
ever
appear,
but
I'm,
assuming
that
whenever
there's
something
in
question,
they
discuss
it
amongst
themselves,
since
I
haven't
actually
been
an
editor,
never
a
PDA.
Could
you
speak
to
that?
A
little
bit
yeah.
B
B
But
the
master
editors
really
are
the
ones
who
are
going
in
and
sort
of
doing,
quality
control
almost
on
new
people
that
join
the
platform,
so
somebody
new
joins
and
they
post
100
articles,
the
system's
gonna
say:
hey,
wait
a
minute:
we're
not
going
to
publish
this
until
master
editors
approve
it
and
that's
just
for
now.
As
soon
as
that
actual
you
know,
the
actual
platform
launches
on
us
in
June
we'll
have
the
totally
decentralized
version,
but
right
now
the
master
editors
are
kind
of
filling
that
void.
So.
A
B
It's
important
to
note
that
the
current
interface
is
still
their
old
interface.
They
have
a
totally
new
interface
that
they're
planning
on
launching
with
the
decentralized
version
that
should
be
dramatically
better
than
this.
One
is
now
because
it
still
has
some
bugs
still
some
issues,
it's
still
kind
of
in
that
beta
mode,
and
it
is
their
older
version,
but
the
decentralized
one
should
be
awesome
and,
like
I
said,
anybody
can
build
an
interface
to
access
this
content.
So
if
the
one
that
they
release
isn't
good
enough
I'm
sure
somebody
else
will
I.
A
Guess
duplicating
content,
so
you
have
an
ability
to
earn
IQ
tokens
by
producing
content
that
could
be
fact-based
and
backed
up
by
references.
But
what,
if
you
just
got
that
content
from
somewhere
else,
because
I
know
every
English
page
from
Wikipedia
has
already
been
ported
over
and
expanded
upon
to
ever
appear?
So
that's
all
duplicate
content.
So
no
not
does
anyone
actually
get
paid
for
that?
Nobody.
B
Gets
paid
for
that.
That's
through
a
very
PD
editor
named
wiki,
Bach
I,
believe,
is
what
it
is.
So
none
of
that
gets
paid.
They
don't
get
an
IQ
score
and
an
IQ
tokens
for
doing
that,
and
the
reason
why
they're
allowed
to
copy
it
is
because
Wikipedia
is
totally
open-source
with
I
think
a
Creative
Commons
license
or
an
MIT
license,
or
something
like
that.
B
That
allows
anybody
to
take
that
content
and
put
it
anywhere
else,
but
when
it
comes
to
copy
and
pasting
other
things,
if
your
copy
and
pasting
work
that
does
not
have
the
the
license
that
gives
you
the
ability
to
do
that,
then
you're
not
gonna,
be
able
to
do
that.
You're
gonna
have
to
write
it
in
your
own
words
and
then
cite
the
source,
but
for
pretty
much
any
wiki
out
there
and
check
on
it
before
you
start
importing
content,
but
a
lot
of
wiki's
I've
looked
at.
A
For
anyone
listening
that,
once
I
guess
up
forever
a
pedia
now
it's
not
on
a
blockchain,
it's
still
like
a
centralized
system,
but
it's
better
than
Wikipedia.
Already
it's
just
not
distributed
yet
is
it?
Are
you
able
to
earn
future
IQ
tokens
today,
even
though
the
tokens
don't
exist,
there's
no,
no
counting
or
anything
right
now,
no.
B
So
right
now
any
of
the
IQ
score
that
you
get
on
the
website
does
not
actually
turn
into
tokens.
It's
more
just
to
you
know,
get
involved
if
you're
interested,
it's
actually
really
really
a
dick
thing
to
submit
content.
I
started
documenting
World
of
Warcraft
server
populations
as
nerdy
as
it
is,
and
talking
about
some
of
their
history
and
when
they
launched
and
I
got
like
20,000
IQ
points.
B
A
couple
weeks,
yeah
absolutely
I,
was
top
there's
a
couple:
people
who
do
it
every
day
and
most
tons
and
tons
of
content.
They
have
like
millions
of
IQ
score,
but
I
got
a
decent
amount
and
those
won't
turn
into
tokens.
But
after
the
decentralized
version
launches
in
June,
you
can't
get
tokens.
But
if
you're
interested
I
highly
encourage
you
to
fill
out
the
contact
form
on
a
burpee
Diaz
website
ever
a
PDA
org
Evi
ERI
PE
dia
org.
B
A
C
A
But
most
people
generally
trust
it.
The
user
is
kind
of
like
a
starting
point
to
do
further
research.
It's
like
a
summary
of
whatever
topic.
You're
looking
at
so
I
think
that
two
biggest
use
cases
to
get
this
mainstream
adoptions.
Gonna,
like
you,
said
ever
a
PDA
or
better
Wikipedia.
If
something
could
be
better
than
Wikipedia
and
then
a
social
media
platform,
because
that's
something
people
already
using
they're
already
used
to
it.
But
they're
not
gonna,
adopt
anything
new
unless
it's
better,
definitely
and.
B
I
think
we're
gonna
see
that
Network
effect
come
from
a
bunch
of
different
apps
bunch
of
different
areas.
What's
interesting,
what
I
noticed
is
you
know
us
talking
about
open
source
in
general,
it's
interesting
to
see
wax
taking
the
EOS
code
and
sort
of
using
that,
and
it
won't
benefit
the
us
holders,
but
then,
on
the
flip
side,
to
see
every
pedia
taking
something
from
Wikipedia
which
is
open
so
nursin
using
that
to
benefit
the
es
token
older.
So
there's
gonna
be
a
lot.
A
B
C
A
Have
these
great
ideas,
these
innovative
ideas,
but
they
can't
prove
them
because
they
can't
do
it
at
scale.
They're
stuck
working
on
a
test
net
and
I've,
seen
plenty
of
icos
that
they
run
their
smart
contract
for
their
token
distributions
on
their
test
networks.
Great
then,
the
day
of
their
IC
o----
distribution,
everything's
all
bogged
down
their
community's
angry
screaming
saying
this
team's
and
competence.
But
meanwhile
everything
worked
on
the
test
net.