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From YouTube: CSCON[0] Juan Benet - The Next Wave of Web3
Description
Juan Benet, Founder and CEO of Protocol Labs & Filecoin, talks about the future of Web3!
At The First Ever CSCON[0] Virtual Event!
A
He's
leading
the
organization
behind
lib,
p2p
drand
and
even
to
brand
new
benchmarking
environments
like
test
ground
and,
of
course,
the
protocols
that
we
know
are
set
to
change
the
way
we
store
and
transmit
information,
as
we
know
it
on
behalf
of
chainsafe
and
our
viewers.
I'm
extremely
pleased
to
present
the
founder
and
ceo
of
protocol
labs,
visionary
entrepreneur
and
engineer
juan
benay.
B
B
You
know,
I
think
doing
tony
has
been
super
hard
for
tons
of
people
around
the
world
and
and
it's
just
really
great-
to
actually
get
to
spend
time
together
and
reinvigorate
our
our
projects
and
our
on
our
lives
with
with
with
the
missions
that
we're
pursuing
together.
So
thank
you
so
much
for
bringing
us
together
and
for
organizing
this
I'll
chat
about
the
next
web3.
The.
What
this
talk
is
kind
of
about
is.
B
B
Go
into
it's
gonna
remind
ourselves
what
what
web3
is
about
and
why
it
matters,
then
I'll
give
an
update
about
filecoin
and
and
what's
happening
in
in
with
the
ecosystem,
and
then
I'll
kind
of
have
some
parting
thoughts
for
what
next
year
and
the
upcoming
kind
of
short
term
future
might
be,
might
look
like
for
for
the
space
and
yeah.
So,
let's,
let's
go
through
it.
B
So
the
claim
here
and
what
I
think
you
know,
I
think
a
lot
of
people
in
what
through
will.
I
agree,
is
you
know
the
internet
is
the
world's
most
important
technology
today
and
web3
is
bringing
a
bunch
of
important
principles
and
the
internet
itself
is
just
a
part
of
computing
as
a
bigger
phase
transition
for
humanity.
B
B
B
So
today
we
have,
you
know
billions
of
humans
and
trillions
of
computers,
working
together,
deeply
integrated
and
so
on,
and
we
have
this
really
amazing
computing
platform
where
most
of
our
human
activity
is
suddenly.
It
is
more
and
more
mediated
by
by
this
application
platform
and
what's
beautiful
about
this,
is
this
whole
setup.
B
It
yielded
a
system
that
we
can
change
dramatically.
We
can
grant
people
whole
superpowers
by
writing
an
application
or
writing
a
new
system,
a
new
piece
of
infrastructure
deploying
it
to
the
world,
and
if
people
use
it,
then
they
get
that
superpower.
It's
truly
amazing
and
we
live
it
day
to
day.
So
it's
kind
of
you
know
commonplace
and
it's
so
easy
to
disregard
and
so
easy
to
to
take
for
granted.
B
But
it
really
is
an
amazing,
completely
magical
environment
that
we
live
in,
where
we
can
grant
these
amazing
upgrading
superpowers
to
other
humans
by
just
getting
together
and
writing
software
and
very
fundamental
changes
are
coming
ahead.
So
there's
many
different
kinds
of
interfaces
that
are
that
we're
playing
around
with
and
and
improving
things
like
ar
and
vr
very
much
interfaces
and
whatnot,
and
then
there
are
of
course
a
whole
slew
of
changes
coming
with
all
of
the
ai
advances
from
very
specialized
ais
to
potentially
agi
and
robotics
in
the
in
the
future.
B
So
when
you
kind
of
sit
in,
you
know
2020,
and
you
look
back
and
you
think
well.
Computing
has
dramatically
changed
us
in
the
last
80
years
and
we're
a
very
different
group
of
humans.
Today
than
than
than
we
were
in
80
years
ago-
and
you
kind
of
start
thinking
about
what's
going
to
happen
in
the
next
80
years-
and
you
know
the
remainder
of
the
century,
very
big
changes
are
coming.
B
It's
not
clear,
exactly
what's
going
to
happen
and
what
the
sequence
might
be
or
when
things
might
happen,
happen
and
so
on.
But
it
is
pretty
clear
that
in
a
short
time
span
we'll
have
will
will
undergo
a
again
another
dramatic
transformation
unlikely
much
more
much
more
impactful
than
the
last
80
years.
So
I
think
that
if
the
last
of
the
years
are
template
to
go
by,
I
think
the
transformation
will
be
much
deeper
in
in
the
next
city.
B
B
It
created
an
environment
where
this
amazing
super
power,
super
sets
of
superpowers
and
super
computers
connected
everywhere
with
you
know,
hardware
and
cameras
and
microphones
everywhere,
contributing
to
building
the
you
know,
most
crazily,
effective
surveillance,
surveillance
system
and
and
tracking
system
ever
deviced
right
and
given
computing
and
given
how
it
works,
and
so
on.
It's
it's
very
straightforward
that
you
would
land
at
something
like
this.
But
another
question
is:
how
do
we?
B
So
the
really
important
thing
to
do
here
is
make
sure
that
the
we
have
this
face.
Transition
in
in
the
web,
where
we
go
from
this
web
2.0
world,
that
is,
read,
write,
interactive
and
you're
very
powerful
and
we
introduce
a
set
of
very
important
properties
to
establish
rights
and
to
establish
trustability
instead
of
stressing
the
system
through
verifiability.
B
Now,
of
course,
each
new
wave
of
computing
brings
a
lot
of
chaotic
environments
and
all
kinds
of
new
potential
problems,
and
so
on.
So
I
strongly
encourage
you
to
think
through
what
you're
building
as
well
and
make
sure
that
what
you're
making
isn't
necessarily
you
know
accidentally
introducing
other
kinds
of
other
kinds
of
problems
and
problems
will
come
and
we'll
have
to
solve
them.
B
So
some
of
the
the
values
that
you
can
think
about
when,
when
you're
building
weather
oriented
things
are
you
know
this
is
kind
of
my
my
stab
at
it?
I
think
it
would
be
a
really
good
idea
to
kind
of
collect
together
the
web
through
values
and
put
them
in
some
website
somewhere
and
and
of
course,
our
communities
will
disagree.
There'll,
be
you
know
some
a
lot
of
contention
with
some
of
these.
B
Even
you
know,
even
with
a
list
of
small
we,
you
can
probably
find
many
web
3
people
that
kind
of
disagree
on
some
of
these,
but
I
think
it's
very
useful
to
at
least
have
a
shape
of
the
problem
here.
We
we
kind
of
operate
today
in
a
world
that
has
a
lot
of
de
facto
freedom
of
speech
and
freedom
of
assembly
through
the
digital
medium,
but
that
may
not
last
that
may
change.
B
Many
different
kinds
of
power
structures
will
benefit
from
from
an
internet
that
is
much
more
controlled
and
much
more
where
borders
bring
up
and
where
people
can't
actually
communicate
freely.
So
in
our
time
we
will
have
to
fight
a
number
of
fights
to
preserve
this,
this
freedom
and
to
hopefully
lock
it
in
into
the
into
the
infrastructures
that
we
use
now
beyond
that,
there's
all
kinds
of
things
that
we
don't
fully
have
yet
so
freedom
of
transaction,
that's
something
relatively
new,
we're
getting
there.
But
it's
not
quite
it's
not
pervasive.
B
Right
now
is
a
perfect
example
of
what
happens
when
you
build
a
super
powerful
system,
and
then
attackers
can
start
using
it
right.
So
cambridge
analytica
using
facebook
kind
of
thing
is
the
classic
example,
but
there's
so
many
so
many
more
things
that
could
happen.
So
I
hope
that
you
know
the
big
takeaway
here.
B
So
what
three?
If
you're,
not
I
think
for
now,
most
people
will
be
pretty
familiar
with
with
the
terminology
and
so
on.
I
tend
to
think
that
this
is
a
combination
of
these
three
broader
groups
of
broader
efforts,
the
decentralized
web
blockchains
and
link
data-
and
I
spoken
before
about
this.
I
kind
of
think
think
of
this
as
a
talk
that
continues.
These
other
other
talks
I've
given
in
the
last
last
few
years
so
yeah
you
can.
B
I
won't
speak
as
deeply
into
some
areas,
as
I
did
then
so
now
I
wanna
maybe
describe
how
we
think
about
these
values
and
we
think
about
the
projects
that
we're
making.
So
you
know
we
are
working
on
a
number
of
things
that
and
programs
working
on
are
things
that
contribute
some.
Some
are
trying
to
affect
some
of
the
changes
that
I'm
talking
about
here
and
in
reality
we
contribute
to
a
lot
of
projects.
B
B
So
a
good
example
of
this
is,
if
you
look
back
to
the
peer-to-peer
wave
of
the
early
2000s,
so
many
important
things
got
built
there
to
think
of
bittorrent
and
skype
and
so
on,
but
they
were
monolithic
applications,
and
so
it
was
very
difficult
to
reuse
those
systems
for
for
other
for
other
things
and
so
kind
of
one
of
the
goals
that
we've
had
along.
The
way
is
to
do
the
extra
work
to
go
and
modularize
and
break
up
pieces
so
that
other
people
can
use
them
now.
B
You
know
here
up
here.
Look
it
up
here
is
so
that
we
can
have
a
kind
of
interoperable
peer-to-peer
stack,
there's
all
kinds
of
problems
that
that
I'm
describing
that
come
from
not
having
a
really
good
networking
layer
and
so
that's
kind
of
the.
What
liquidity
hopes
to
hope
to
solve-
and
this
is
liberty
is
broadly
adopted
in
the
web
3
space
and
it
enables
a
kind
of
interoperability
across
systems.
B
Now
is
when
we're
going
to
start
to
see
people
writing
tools
and
applications,
and
so
on
that
help
bridge
this
world,
and
so
we
hope
that
it
will
contribute
to
interoperability
and
convergence
of
the
stack
we're
building
ipfs,
because
we
think
you
know
the
web
itself
should
work
peer-to-peer.
You
should
be
able
to
move
around
the
content.
You
should
be
able
to
address
it
wherever
you
you
want.
You
shouldn't
rely
on
one
central
party
defining
what
the
content
is.
B
The
content
should
be
defined
by
by
script,
graphic,
hash
and
and
so
on,
and
you
know
this
in
that
simple
kind
of
statement
of
saying
hey.
It
would
be
great
to
have
content
on
the
network,
the
address
micrographic
hash
to
get
that
integrity
and
and
verifiability
that
comes
from
that
is
kind
of
where
the
whole
ipfs
project
comes
from,
and
it's
a
larger
effort
with
a
lot
of
different
folks
in
a
pretty
large
community
and
many
other
systems
that
use
it
right.
B
This
is
definitely
watch
the
ips
talk
from
earlier
in
the
week,
but
you
know:
we've
made
a
lot
of
products
over
the
years
in
getting
a
lot
of
traffic
coming
going
through
ipfs
and
also
browser
adoption.
There's
a
really
cool
important
upgrade
to
this,
where
I
think
brave
will
now
pass
opera
fairly
soon,
because
now
they're
they're
they're,
embedding
ipfs
itself
in
in
the
browser
right,
so
the
whole
full
node
will
will
come
into
braylon
so
expect
this
to
to
totally
change.
B
I
won't
explain
the
whole
thing
here,
but
I'll
give
you
kind
of
a
glimpse
into
into
the
picture.
You
can
think
of
many
different
layers
to
to
falcon
and
different
components
of
the
of
the
system,
and
you
know
the
mission
is
to
create
a
centralized
and
efficient
and
robust
foundation
for
humanities
information,
which
is
a
really
they
hope
for
a
long-term
application
foundation,
layer
that
that
isn't
really
controlled
by
anybody
that
is
sort
of
like
the
internet.
B
Now
some
problems
that
falcon
addresses
things
like
making
sure
that
the
cloud
can
be
decentralized.
Try
to
optimize
the
system
by
introducing
markets
deal
with
kind
of
the
problems
of
monopoly
data
monopolies
and
so
on,
destroying
applications
or
changing
them
too
much
when,
when
you
don't
want
them
to
change
and
so
on,
you
can
think
of
now
a
more
permanent
layer
for
for
data
being
being
available
and
yeah
one
of
the
key
things
that
key
features
the
platform
brings
to
the
table.
B
The
broader
picture,
as
you
can
imagine
out
of
the
world
right
now,
most
of
the
information
that
we
consume
and
most
of
the
information
that
we
saw
and
so
on
is,
is
grouped
into
a
few.
Large-Scale
data,
centers
and
it'd
be
really
great
to
transition
into
something
like
this,
where
source
providers
can
add
from
many
different
organizations,
come
together
and
form
a
market
that
can
back
up
our
our
data
and
so
really
kind
of
turning
a
a
market.
B
So
a
another
word,
I'm
coming
close
in
time
here.
I'm
gonna
kind
of
like
blaze
through
a
little
bit
of
this.
I've
recorded
this
in
in
other
in
other
settings
and
so
I'll
drop
a
link
later
to
a
talk
where
I
go
through
a
lot
of
this
in
greater
detail
and
and
also
colin
in
our
team,
gave
a
an
even
more
fleshed
out
version
of
of
this
update.
That
is
really
amazing,
really
encourage
you
to
check
it
out.
The
biggest
news
is
that
falcon
is
live.
B
B
We
are
booting
up
this
storage
economy
with
miners
and
clients
and
developers,
and
so
on,
and
and
getting
the
entire
economic
flows
of
of
producing
this
cloud
storage
and
using
it
to
work
with
a
crypto
native
system
and
an
asset
and
so
on
and
the
facility
you
know,
there's
a
whole,
pretty
significant
scale
of
facilities
coming
together.
A
lot
of
different
companies
around
the
world
amazing
uptake
in
in
in
in
asia
and
china.
B
B
So
so
this
is
it's
a
long-term
long-term
thing
for
sure,
but
it's
really
amazing
that
in
a
very
short
time
we
actually
now
have
the
scale
to
be
able
to
do
that.
So
the
unique
system
is
growing.
One
go.
You
should
watch
the
stocks
that
I
mentioned.
They
go
into
detail
into
a
lot
of
the
activity.
That's
going
on.
You
know
various
different,
really
cool
applications,
all
kinds
of
stuff
that
I
want
to
get
a
chance
to
talk
to
you
about
now.
B
B
We
got
to
chatting
about
about
the
possibilities
working
together
on
on
fat
point
and
and
chance
of
building
a
an
implementation
of
the
protocol
and
a
bunch
of
other
things,
and
you
know
they
took
a
a
huge
bet
on
on
the
ecosystem
and
they've
been
really
phenomenal
to
work
with
in
in
so
many
ways.
So
really
thank
you
folks,
for,
for
being
a
great
you
know,
sharing
and
building
this
amazing
new
resource
and
network
with
us.
B
It's
been
fantastic
to
work
together
and
really
all
of
us
from
pl
and
from
many
other
organizations
in
in
the
faculty
system.
Just
really
love
working
with
you
and
and
think
it's
a
look
ahead
for
for
a
really
bright
future
together.
So
thank
you
so
much
for
for
taking
the
plunge-
and
you
know,
here's
to
many
more
more
years
ahead.
So
yeah
thank
you
and
with
that,
I'm
I'm
gonna
move
out
of
this
because
I
think
we're
at
at
the
time.
B
The
kind
of
like
the
remaining
thing
I
wanted
to
to
sort
of
leave
you
with
is
that
there's
a
pretty
big
wave
of
web3
applications.
That's
going
to
going
to
appear
because
we're
seeing
the
the
emergence
of
a
bunch
of
different
next
generation,
blockchains
that
are
kind
of
testing
testing
the
waters
clockwise
coming
to
the
picture,
with
a
vast
amount
of
storage,
there's
inter
operability,
that's
going
to
come
together,
and
so
the
applications
are
going
to
get
built
in
between
now
and
say.
B
Middle
of
next
year
are
going
to
be
this
super
massive
wave
in
in
in
in
web3
right.
So
if
we
think
of
think
of
it
kind
of
like
when
ethereum
first
started
that
it
took
about
you,
know
kind
of
six
to
12
months,
six
to
18
months
or
so
for
the
first
generation
of
applications
to
to
really
come
into
the
scene
and
really
hit
in
a
really
big
way
and
kind
of
have
the
first
big
waves
of
the
ethereum
applications,
that's
sort
of
happening
now.
B
People
are
currently
building
the
next
generation
applications
on
top
of
these
next
generation
systems
that
just
deployed.
So
it's
a
super
exciting
time.
So,
if
you're
not
in
in
a
deep
into
the
weeds
of
a
lot
of
these
systems
and
projects,
that's
a
that's
a
an
amazing
time
to
get
involved
and
there's
all
kinds
of
things
going
on
from
hackathons
to
accelerators,
to
lots
of
funding
in
the
space
to
to
help
build
projects
both
in
terms
of
grants
and
in
terms
of
investment
into
companies
and
whatnot.
B
A
A
So,
let's
just
relax
and
answer
all
these
questions,
because
they're
all
great
questions,
so
I'm
going
to
start
with
the
ones
with
the
most
votes
when
originally
building
ipfs.
How
many
of
the
tools
that
ended
up
being
built
were
evident
as
necessary
at
the
time
and
how
many
got
organically
added
to
this
stack
of
tools
as
the
project
grew.
B
A
great
question,
so
I
think,
probably
now
I
would
say
the
majority
of
the
tooling
around
ipfs
is
organically
developed.
That
said
from
the
beginning,
maybe
I
will
mention
a
few
core
things,
so
the
networking
layer
being
a
really
big
deal,
which
eventually
turned
into
the
core
of
the
p
that
was
kind
of
clear
from
the
get-go.
The
fact
that
we
would
need
something
to
do
content
routing
in
a
scalable
way
was
very
clear
from
the
beginning.
B
Things
like
the
gateway
were
always
you
know
from
the
beginning,
part
of
the
plan
and
and
they've
been
they
struck
around
and
become
very
successful.
I
sort
of
expected
that
the
browser
integrations
would
have
picked
up
more
by
now
or
sorry.
Nonetheless,
integration
is
the
tooling
with
javascript
to
make
it
a
an
easier
deploy
environment.
B
It's
pretty
good,
but
it's,
but
I
think
more
people
are
relying
on
the
gateway
that
I
think
should
be
relying
on
javascript
directly
and
the
browser
integration
is
something
that
surprised
me
as
to
how
fast
they
went.
So
I
was
expecting
not
really
being
considered
by
major
browsers
for
you
know,
10
years,
and
it's
really
sort
of
been
like
five.
So
so
that's
awesome.
A
B
I
think
probably
the
a
big
oversight
in
the
initial
design
was.
We
should
have
made
publish
of
a
much
bigger
part
of
the
picture
from
the
get-go.
So
that's
one
piece,
oh
and
then
ipld,
so
the
entire
ipld
layer
came
too
late,
so
that,
if
I
were
to
go
back
and
kind
of
introduce
a
set
of
ideas
into
the
beginning
would
be
all
the
ipld
layer
of
things
how
to
model
the
content.
How
to
represent
data
structures,
make
it
a
really
flexible
layer
and
so
on.
A
B
B
I
think
blockchains
will
be
probably
the
biggest
adopters,
because
the
need
for
a
good
randomness
is
so
high
and
they're
willing
to
to
trust
a
new
systems
and
so
on
more
where
say,
larger
scale
industries
may
not.
That
said,
I
think
yeah.
I
think
we'll
we'll
see
what
happens
over
the
next
year
or
two
as
the
you
know,
proof
of
stake.
Blockchains
arrive
as
falcon
relies
on
d-rand
it'd,
be
amazing
to
see
another
blockchain
started
using
it
for
consensus
or
lotteries.
B
A
B
Yes,
I
think
the
biggest
blockers
are
just
interface
tooling
and
getting
the
flows
from
clients
to
miners
working
super.
Well,
so
the
network
is
evolving
in
the
following
stages:
we
you
know
first
building
the
protocol,
then
getting
miners
used
to
the
protocol
and
and
so
on,
then
actually
launching
the
network
and
building
a
bunch
of
capacity.
B
That's
sort
of
the
stage
we're
in
now
and
we're
starting
the
next
stage,
which
is
getting
clients
onboarded,
starting
to
use
a
lot
of
the
flows
getting
a
bunch
of
utility
out
of
the
network
and
then
then
scaling
clients.
So
think
of
now,
as
kind
of
the
pioneering
moment
where
a
lot
of
new
applications
and
new
users
are
starting
to
build
their
applications
level.
Five
coin
and
it'll
take
a
while
to
flesh
out
all
the
all
the
ux
and
dev
tooling.
That
should
really
be
there
and
especially
retrieval.
B
B
We
would
start
congesting
the
traffic
to
the
miners
very
quickly,
so
the
miners
right
now
can
serve
it
to
everybody,
because
the
traffic
on
refuel
is
not
that
high
as
soon
as
that
scale
is
up.
That
will
need
a
much
more
cdn
style
style
system,
which
you
know
we
can
build
over
the
next
year
and
that
that
should
the
timing
on
that
should
be
should
be
fine.
A
Yeah,
that's
a
great
and
also
predictable
answer,
but
also
I
was
personally
for
me.
I
think
one
thing
that
gets
me
super
excited
about
the
filecoin
ecosystem
is
the
verified
data
and
people
who
verify
the
data,
so
it'd
be
interesting.
If
we
all
woke
up
tomorrow
and
everything
was
stored
on
filecoin
yeah.
B
We
start
verifying
so
by
the
way,
congratulations
on
on
the
awesome
launch
super
stoked
about
about
the
product
and
really
look
forward
to
using
it,
and
you
know
it'd
be
amazing
to
see
the
files
product
have
that
verifiability
be
clear
to
the
user
right.
So
this
is
not
something
that
most
users
care
about
yet
or
don't
think
about,
but
it
would
be
cool
to
see
maybe
the
history
of
a
file
and,
like
you,
have
the
verifiability
over
time
right.
B
B
So
you
see
a
newspaper
article
change
over
time,
making
that
verifiable-
and
you
know
exactly
when
that
happened
and
knowing
that
you
know
what
information
was
there
and
what
what
are
they
citing
and
referencing,
and
what
is
immutability
on
those
things
like
that
entire.
You
know
the
web
of
media
and
its
change
and
making
that
permanent,
easily
accessible
and
verifiable,
like
that.
That,
I
think,
is
going
to
be
a
really
valuable
use
of
verifiability,
yeah.