►
Description
Juan Benet, the Founder of Protocol Labs, explains how Filecoin can and why it should become the world’s greenest blockchain.
Juan Benet, Founder, Protocol Labs
A
B
It's
super
exciting
to
be
here
speaking
to
everybody.
This
is
a
topic
that
so
many
of
us
are
are
incredibly
passionate
about
as
we
look
ahead
in
our
in
this
moment
in
history,
and
we
think
about
the
great
challenges
over
time
and
it's
always
important
to
kind
of
think
about
how
we
can
make
how
we
can
make
do
our
part,
improve
things
and
try
to
try
to
make
sure
that
our
projects
are
doing
what
we
can
to
to
improve
things
for
for
the
world.
B
So
I'm
really
excited
to
be
kicking
off
this
conference
today,
there's
a
ton
of
really
amazing
activity
and
I'm
super
proud
to
say
that
the
falco
network
is
leading
the
charge
in
the
green
blockchain
world
and
you'll
hear
about
lots
of
really
amazing
things
today
that
show
some
of
that
progress
so
far
and
hint
at
what
we
can
do.
We
can
do
some
network
one
of
the
big
things
you
know.
I
think
everybody
coming
to
to
this
we'll
probably
agree
on
this,
and
this
doesn't
need
need
more.
B
B
What
I
want
to
spend
the
time
discussing
is
both
what
web
3
enables
and
the
advantages
of
the
advantages
of
web3
when
it
comes
to
trying
to
create
green
economies
or
green
substances
of
an
economy
and
then
why
filecoin
is
especially
positioned
to
make
a
significant
impact
here.
I
want
to
give
the
project
a
sense
of
mission
towards
us,
so
one
of
the
key
things
about
web3
is
that
it
makes
claims
verifiable.
B
We
can
also
build
structures
to
measure
and
create
accountability
for
for
externalities
in
in
systems
so
meaning
we
can
use
estimates
and
measures
from
within
a
system
to
understand
and
engage
what
the
effects
of
a
system
might
be
and
then
account
for
those
within
the
system.
So
so
an
example
of
this
might
be
within
a
particular
blockchain.
B
We'll
talk
about
this
in
terms
of
plot
point:
estimating
the
energy
use
or
estimating
the
the
energy
expenditure
of
all
participants
in
that
in
that
network
and
then
be
able
to
kind
of
weave
that
estimate
into
mechanisms
within
the
chain
within
that
that
system
to
account
for
those
those
kinds
of
systems.
So
you
know
one
of
the
the
big
problems
in
in
energy
expenditures
in
general
and
in
in
you
know.
B
The
problem
with
climate
change
and
so
on
is
that
it's
extremely
difficult
for
many
kinds
of
systems
to
measure
those
externalities
or
to
make
them,
or
even
if
they
are
measured.
It's
difficult
to
enforce
accountability
with
large
corporations
and
governments
and
so
on
to
actually
behave
in
a
certain
way.
B
But
when
you
have
mechanism
design
that
you're
at
your
disposal-
and
you
can
build
things
into
into
systems
that
can
totally
change-
and
you
can-
you
can
build
large
scale
systems
that
coordinate
and
incentivize
systems
to
actually
improve
how
things
happen.
So
this
is
one
of
the
things
that
I
think
is
incredibly
exciting
about
web3,
enabling
green
economies
and,
and
it
it's
an
extremely
promising
situation.
B
So
I
think
that
you
know
popcorn
could
really
enable
green
economies.
I
think
we
could
get
to
be.
You
know
the
first
self-organized
green
computing
platform
in
this
involved
storage,
but
also
computation
and
whatnot,
and
I
think
that
problem
could
become
the
greenest
blockchain
protocol
in
cryptocurrency.
I
think
we
have
a
lot
of
work
to
do
to
get
there.
B
I
think
it
would
be
phenomenal
phenomenal
if
you
do
that
and
I'll
spend
mo
the
rest
of
the
conversation
here
talking
about
and
exploring
how
we
might
be
able
to
do
that
at
the
end
of
the
day.
I
think
all
of
us
participating
in
in
the
falco
network,
one
our
our
our
work
and
our
network
and
so
on
to
cause
great
beneficial
environmental
externalities.
So,
instead
of
having
systems
or
participating
in
economies
that
have
negative
environmental
externalities,
I
think
that
everybody
would
be.
B
So
one
of
the
key
components
of
the
of
the
of
the
clock
network
is
this
notion
of
storage
providers.
These
are
participants
coming
together
from
around
the
world,
pulling
in
hardware
operating
the
network
and
and
storing
participants
data
and
serving
it
over
time,
and
you
can
think
of
the
the
broader
falcon
economy
as
a
an
island
economy,
where
many
participants
with
different
roles
come
together.
Take
on
different
different
roles.
You
know
there
are.
There
are
researchers
that
are
figuring
out
components
in
protocols.
B
There
are
developers
that
are
turning
that
research
into
into
software
and
to
into
tools
that
people
can
use.
There
are
storage
providers
that
are
using
that
software
to
to
organize
hardware
that
they
might.
You
know
import
from
the
outside
of
the
of
the
economy
into
and
turn
it
into
the
useful
cloud
storage
service,
and
then
there
are
then
that
cloud
source
service
can
be
sort
of
packaged
and
given
and
sold
to
clients
coming
from
outside
of
the
economy.
B
So
over
time,
the
the
goal
of
the
clock
network
is
to
create
this.
This
economy
that
can
turn
sort
of
like
the
raw
material,
so
to
speak,
of
of
disks
and
electricity
and
other
types
of
hardware
up
and
turn
it
into
into
a
much
more
useful
process
of
providing
valuable
cloud
storage
to
the
rest
of
the
world
and
then
bring
in
potential
clients
and
other
participants
to
engage
in
these
networks.
And
of
course
there
are
many
other.
You
know
this
is
simplified
view.
B
You
know
one
way
that
the
falcon
economy
could
account
for
its
use
of
resources
and
and
make
it
green.
The
big
one
that
we're
going
to
be
talking
about
today
is
related
to
storage
providers
and
using
the
hardware
and
running
it
with
electricity
to
maintain
the
network.
That's
the
sort
of
the
biggest
expenditure
of
the
of
the
falcon
network,
and
we've
done
a
ton
of
work
as
a
as
a
project
to
kind
of
improve
things
in
that
in
that
realm.
B
But
over
time,
this
sort
of
extends
this
intent
to
to
green
to
green
five
coin,
extends
to
all
corners
of
the
of
the
of
the
economy
and
over
time
you
want
to
create
a
a
really
useful
process.
So
so
one
of
the
pieces
in
of
good
news
here
is
that
falcon
is
already
one
of
the
greenest
blockchains
around,
and
so
it
is
we.
It
is
very
possible
for
us
to
leave
that
charge
here.
B
Our
proof
of
useful
work
consensus
is
based
on
valuable,
not
wasteful
work
so
already
a
lot
of
the
work,
and
that
goes
into
the
process
of
building
blocks
and
maintaining
the
blockchain
and
so
on,
is
is
useful
and
it's
creating
some
some
valuable
externalities
that
that
we
then
use
to
weave
into
the
the
useful
cloud
storage.
So
this
is
not.
You
know
wasteful
work,
like
many
other
other
work
blockchains.
B
B
So
the
work
outputs
over
time
can
also
be
linked
to
to
these
kinds
of
offsets,
so
think
of
individual
sectors
or
ceiling,
and
so
on,
which
can
be
linked
to
service
providers
and
to
clients.
You
can
use
that
to
to
model
the
energy
use
of
all
of
the
activity
and
you
can
estimate
how
the
impact
in
the
footprint
of
that
activity
and
then
offset
it.
B
So
you
know
the
good
news
is:
is
that
using
the
blockchain
using
the
identities,
the
chain,
sps,
clients
and
and
other
participants
can
be
linked
to
rex,
ccs
and
others.
So
this
enables
us
to
do
some
kind
of
green
accounting
across
the
entire.
The
entire
protocol-
one
other
really
great
component
here-
is
that
falcon
and
ffs
enable
storing
all
of
the
artifacts
related
to
green
offsets.
So
things
like
the
actual
certificates,
the
the
information
about
about
what
different
participants
are
doing.
B
All
of
that
you
know,
you
think
you
can
think
of
needing
a
global
database
on
a
global
historic
network
to
be
able
to
store
all
of
this
information
and
make
it
verifiable
and
permissionless,
and
all
of
that-
and
that
is
precisely
the
what
file.com
and
iphones
are
for
so
already.
The
network
is
perfectly
tuned
for
solving
the
problems
that
the
green
economies
tend
to
tend
to
have
around
being
able
to
kind
of
have
assets
that
are
verifiable,
that
anybody
can
access
and
so
on.
B
So
so
that's
going
to
enable
all
of
the
work
that
people
are
have
been
doing
with
evm
based
contracts
and
whatnot
in
for
for
green
economies
to
just
smoothly
plug
into
plugging
to
platform
and
then
be
able
to
interact
with
ethereum
and
with
all
of
the
other
chains
in
this
green
economy.
There's
a
great
talk
about
about
fem
coming
later
in
the
week.
B
So,
if
you're
interested
in
that,
definitely
go
check
it
out,
so
you
know
putting
all
these
things
these
things
together.
I
really
think
that
could
be.
You
know
the
first
self-organized
screen
computing
platform.
It
could
we
can
create
the
greenness
blockchain
protocol
currency
and
we
can
be
a
producer
of
beneficial
environmental
externalities.
B
You
know
one
so
why
might
want
to
do
this?
Why?
Why
is
this
a
priority,
if
you
aren't
convinced
by
by
by
the
existential
risk
nature
and
which
I
think
it
oftentimes
is,
you
know
reason
enough.
I
can
also
make
the
case
that
that
this
is
a
phenomenal
business
advantage
for
the
falco
network
and
for
clockwind
network
participants.
B
Isn't
that
benefit
a
positive
externality
for
your
environment
could
completely
turn
the
tide
here
and
you
we
might
have.
We
might
see
different
governments
and
policy
makers
worldwide,
drawing
filepoint
and
asking
for
service
providers
and
creating
incentives
for
storage
providers
to
come
into
their
nations
into
their
communities
and
so
on
to
have
the
the
green
and
clean
and
net
carbon
negative
externalities
of
of
the
fata
network.
B
So
I
I
think
we
can
turn
this
into
into
a
massive
business
advantage
for
for
focusing
where
policymakers
will
will
then
prefer
farcoin
to
to
thrive
in
their
economies,
that
than
not
having
it
or
or
will
prefer
it
to
to
other
to
other
potential,
blockchains
or
other
other
currencies.
So
we
can
get
to
a
point
where
policymakers
can
invite
filecoin,
while
regenex
rejecting
other
blockchains
or
where
they're,
inviting
filecoin
and
rejecting
other
cloud
storage
companies
so
think
of
web2
facilities
and
web
2
systems.
B
B
It
is
already
easy
to
for
to
track
and
use
rexxar
to
estimate
its
energy
use
and
over
time
estimate
all
of
the
hardware
externalities
and
so
on
and
count
those
and
use
mechanisms
within
the
protocol
to
offset
those
falcon
has
a
great
subsidy
that
can
help
us
to
do
all
of
this.
That
can
help
orient
us
in
that
direction.
B
Falcon
can
be
better
than
other
web3
blockchain
platforms
on
this,
and
it
can
be
better
than
web
2
cloud
platforms,
so
many
cloud,
storage
platforms
and
so
on.
Do
I
find
it
difficult
to
do
these
kinds
of
estimations
or
don't
do
them
in
general
and
if
you
put
again
put
them
in
directly
into
into
the
mechanisms-
and
you
do
it
worldwide
once
directly
in
the
protocol,
that
becomes
becomes
a
dramatically
more
powerful,
more
powerful
mechanism
than
what
many
centralized
cloud
storage
providers
could
do.
B
I
think
in
general,
participants
will
be
will
be,
we
will
kind
of
be
really
excited
and
and
the
morale
will
be
higher
as
they
improve
the
world.
So
I
think
this
could
be
a
a
fantastic
positive
benefit
for
for
everybody
participating
in
bitcoin.
To
say:
hey
like
you,
you
want
to
have
a
you
know.
Are
you
worried
about
climate
change,
or
do
you
want
to
make
an
impact
come
into
this
network
and
help
help
greenify
all
industry
and
and
all
cloud
cloud
cloud
platforms?
B
B
B
You
know
most
most
of
the
industry
should
for
just
a
neutrality
and
zero
emissions.
We
must
accelerate
the
correction,
and
that
means
that
we
need
to
shoot
for
being
net
carbon
negative
and
because
falcon
in
general
aims
to
be
a
broadly
beneficial
technology
for
the
planet
and
for
all
of
us
and
for
humans
around
the
world.
Improving
our
environment
and
improving
our
conditions
is
totally
on
par
for
with
the
goals
of
the
network,
so
so
I
think
we
can
be
10x
better.
B
B
Whatever
you
use-
and
I
know
that's
super
aggressive
goal
like
that's
that
sounds
super
intense,
but
I
think
you
will
find
that
web3
and
crypto
gives
us
the
mechanisms
and
the
tooling
to
to
create
this
kind
of
goal
and
to
achieve
it
as
a
whole
network
pulling
together.
So
you
know
things
over
time.
Things
like
rex
and
other
offsets
for
all
participants
will
help
us
get
there.
So
so
this
is
not
going
to
be
done
in
isolation
with
just
our
hardware
and
whatnot.
B
This
has
to
be
done
as
part
of
members
of
a
much
larger
economy,
and
these
are
again
not
not
perfect
solutions,
so
think
of
all
of
this
as
iterative
over
time,
starting
to
improve
things
and
over
time
getting
to
to
kind
of
ratchet
our
way
into
a
much
much
cleaner
future.
So
here
are
some
ideas
that
we
that
I'll
drop
on
the
table,
but
over
time
we
can
discuss
later
in
the
day.
B
You
know
things
like
falcon
plus
could
support
falcon
green,
so
things
like
falcon
clients
could,
over
time
choose
sps
who
score
well
in
green.
We
can
also
think
of
of
weaving
other
kinds
of
incentives
directly
into
falcon
green.
We
could
come
up
with
a
greenness
performance
indicator
for
the
whole
network.
B
We
already
can
do
this
for
search
providers,
but
I
would
love
to
see
it
for
clients
itself
and
for
other
participants
in
the
economy,
so
other
groups
that
are
that
are
making
lots
of
transactions
and
so
on
being
able
to
kind
of
estimate
their
activity.
I
would
love
to
sort
of
create
whole
network
apis
to
optimize
those
kinds
of
that
kind
of
performance
and
orient
the
whole
network
with
incentives
to
achieve
certain
targets.
B
B
Again.
All
of
this
is
is
possible,
and
and
and
in
great
thanks
to
the
mechanism
design
facilities
that
website
gives
us,
and
all
of
this
is
a
bad
possibility
of
using
positive
incentives
to
to
pave
the
way
towards
this.
This
much
better
feature
great
so
also
here
and
I'll.
Now,
let
all
of
the
other
amazing
people
working
on
on
all
this.
Tell
you
how
we're
gonna
get
there,
how
how
can
make
this
possible
and
so
on
thanks
so
much.