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From YouTube: Block 1 - Q & A
Description
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A
What
we'll
do
now
is
we'll
move
into
our
q,
a
so
I'll.
Just
ask
calling
in
zx
to
kind
of
turn
the
cameras
on
we'll
just
kind
of
ask
a
couple
of
questions.
We've
gotten,
so
we've
been
combining
all
the
questions
from
all
the
multiple
channels.
This
is
being
streamed
on
and
given
sort
of
the
time.
A
I'll
ask
a
few
questions,
and
if
we
have
a
lot
more
that
we
have
to
go
through,
we
can
just
ask
all
of
you
to
reply
to
the
chat
directly
and
address
the
questions
there.
So
first
question
is
for
zx,
you
talked
about
the
ecosystem
and
you
showed
a
map
of
the
ecosystem
and
all
the
participants
in
the
falcon
economy.
A
The
question
is
just
very
general
overall,
like
what's
kind
of
lacking
right
now
in
that
ecosystem.
For
that
to
be,
I
guess,
in
harmony
or
equilibrium,
and
where
do
you
kind
of
think
you
can
either
use
help
on
or
more
people
can
sort
of
come
in
and
and
make
that
one
particular
piece
better.
B
B
There
are
lots
of
things
that
can
be
enabled
through,
like
things
building
on
the
protocol,
so
we
mentioned
a
couple
right:
it's
there
are
two
broad
categories,
one
on
the
web,
two
kind
of
integration
and
one
on
like
interacting
with
the
web
three
systems,
so
the
web,
two,
I
think,
like
financial
services,
could
be
a
big
one
because
for
an
average
user
to
interact
with
like
crypto
volatility,
can
be
pretty
daunting
right
whenever
users
interact
with
filecoin
having
that
smooth
experience
matters
and
similarly
for
cloud
for
miners
to
like
their
token
volatility
that
they
have
to
bear,
and
the
second
piece
would
be
like
this
discovery
platforms-
I
really
want.
B
B
How
do
they
meet
and
then
like
and
can
have
reputation
of
that
of
the
supply
and
the
next
layer
would
be
so
some
kind
of
like
data
services
on
top
of
the
base
protocol
to
provide
better
ux
for
users
and
that's
only
on
web
2-ish
kind
of
things
and
then
there's
like
web3
stuff,
where
cross-train
cross-street
integration
with
other
like
smart
contract
systems
and
there's
lots
of
like
emerging
and
lots
of
new
that
can
be
built
like
smart
contract,
owning
operating
storage
and
then,
like
you,
have
data
that
posts
itself
onto
another
network
and
the
lots
of
creativity.
B
That
can
shine
happen
here.
I
think
we'll
hear
more
from,
like
other
speakers
later
today.
Anything
to.
C
Add
price
yeah
yeah
zx
nailed
it.
The
only
thing
I
would
add
there
is,
you
know
some
some
incredible
developer
tooling,
I
think,
will
completely
change
the
game
on
how
many
developers
can
engage
and
use
filecoin
really
really
easily.
So
one
of
my
favorites
include
powergate
and
some
of
the
work
that
fleek
has
done,
but
you
know
many
other
implementations
of
things
like
that
would
allow
more
and
more
developers
to
join
the
ecosystem
and
use
falcoin
without
having
to
know
everything.
That's
under
the
hood.
A
Awesome.
The
next
question
I
have
is
for
for
collin
for
five
coin
plus.
Could
you
tell
us
where
most
clients
right
now
are
are
located
and
and
sort
of
that
are
going
to
be
participating
in
the
network
and
sort
of?
How
do
you
think
about
that
and
growing
over
time
in
terms
of
it's
spreading
out
over
a
wider
geographic
area?.
B
Sounds
good
so
right
so
right
now
we
are
in
the
beta
phase
of
our
coin,
plus
we
start
to
have
notaries
final
query
foundation
being
the
first
notary
distributing
like
notarizing
clients
from
all
over
the
world.
We
have
some
in
europe.
We
have
some
in
north
america.
We
also
have
some
in
china
and
then
we
have
notaries
applying.
Oh,
we
have.
Then
we
have
this
running
program
of
new
notaries
entering
into
the
system,
bringing
in
like
data
demand
in
the
specific
region
and
use
cases.
B
So
we
see
like
great
traction
in
the
web
free
space
from
europe
and
north
america,
and
we
also
see
like
lots
of
web
protection
in
china.
We
have
retraction
in
china
as
well
or
the
greater
asian
region,
asia
region.
So
really
it's.
The
principles
of
the
program
is
diversity.
One
of
the
principle.
D
B
Diversity
and
decentralization
so
like
this,
and
also
the
demand
for
storage,
is
sort
of
like
distributed
more
evenly
across
the
globe
and
we
expect
to
see
this
program
continue
to
evolve
and
adapt
and
we
want
to
do
move
fast.
But
at
the
same
time
we
want
to
establish
all
the
right
principles
and
processes
and
feel
free
to
participate
and
contribute.
It's
all
public
yeah.
A
That
makes
a
lot
of
sense.
Moving
on
to
some
questions
about
eip1559,
the
the
first
question
is
sort
of
from
so
far.
How
have
the
miners
reacted
to?
To
this
I
mean
just
to
kind
of
in
the
ethereum
mechanism.
There's
definitely
a
bit
of
content
between
the
developers
and
the
miners
on
this.
Have
you
noticed
similar
things
in
the
falcon
ecosystem
or
what's
been
the.
D
Yeah,
so
the
dynamics
for
falcon
are
pretty
different
because
there's
a
lot
more
tokens
that
are
going
to
miners
on
filecoin,
because
they're
they're
providing
a
much
greater
service
than
in
ethereum
and
ethereum
they're,
just
doing
proof
work
to
maintain
the
network
and
run
the
transactions
live,
but
in
fact,
when
they're
also
doing
all
the
storage
work
and
and
so
on,
so
it's
a
lot
more
tokens
are
going
towards
that.
D
The
response
has
been
that
big
miners
are,
you
know,
have
learned
how
to
tune
it
and
have
figured
out
their
cash
flows
such
that
they're
actually
comfortable,
paying
quite
a
bit
to
get
their
onboarding
rate
in
and
they're
kind
of
fighting
each
other
in
the
network
getting
their
their
growth
in
in
in
the
right
spots
and
we've
seen
kind
of
before
something
like
much
more
spiky
environments.
Now
it's
actually
smoothed
out
now.
The
group
that
this
is
really
hurting
is
the
small
miners.
D
The
small
nurses
are
getting
crushed
by
this
at
the
moment,
not
because
of
vfp1559
it's
just
the
congestion
is
brutal,
so
this
is
a
scaling
problem.
So,
as
the
as
the
tim
rough
guardian's
analysis
points
out,
no
gas
model
is
going
to,
for
you
know,
deal
with
scaling.
It's
going
to
help
you
like
solve
scaling,
so
the
the
real
issue
there
is.
We
need
to
scale
the
proofs,
we
need
to
scale
the
the
the
chain
itself
and
we
need
to
get
to
starting.
D
We
are
putting
an
enormous
amount
of
snarks
into
into
the
chain.
It's
just
a
falcon
network
is
the
biggest
verifiable
computation
system
on
the
planet.
At
this
point
it
is,
it
is
producing
and
verifying
an
enormous
amount
of
snarks
this
just
we
need
to
push
the
limit
now
on
on
making
those
those
structures
more
scalable
by
doing
again
verifications
of
of
chain
or
doing
batching
and
so
on
or
or
now
just
going
straight
to
sharding.
A
Got
it
super
interesting,
yeah,
no
you're
right.
The
computational
piece
is
a
big
element
here.
Another
question
which
is
something
you
sort
of
hinted
on
in
your
talk
you
kind
of
talked
about.
There
may
be
another
metric
other
than
base
fee,
because
house
by
kid
is,
do
you
sort
of
have
any
thoughts
on
what
that
would
be
or
any
ideas
around
expanding
that.
D
Yeah,
so
it
would
still
be
the
basically
but
but
just
smoothed
out
in
some
way
so
and
that's
my
my
very
naive
statement
right
now.
I
haven't
looked
deeply
enough
into
this
and
to
really
tell
you
whether
that
we
actually
want
the
spikiness
or
not,
it
just
seems
to
create
some
certain
kind
of
just
kind
of
like
hiccups.
D
Maybe
using
you
know
some
smoothing
function
like
a
exponentially
weighted
moving
average
or
something
like
that
might
which
is
really
easy
to
calculate
and
gives
you
some
tuning
on
how
smooth
you
want.
It
might
fix
it.
So
so
that
plus,
like
some
overestimation
amount
so
that
it
smoothly
goes
up
and
smoothly
comes
down.
It's
still
the
basic
it's
just
kind
of
smooth
potentially,
so
we
might
experiment
with
that
and
by
the
way
I
may
be
saying
something
totally
wrong
where,
if
you
actually
do
this
it'll
break
it.
D
A
That
makes
a
lot
of
sense
and,
lastly,
I'll
just
have
a
high-level
question
for
for
colin
and
now
we'll
move
on
to
our
next
talks.
But
how
do
you
kind
of
think
about
the
tooling
needed
to
to
bring
in
just
the
world
outside
of
the
the
crypto
audience
or
just
the
web
3
first
audience,
and
how
do
you
think
about
that
sort
of
partnerships
and
building
the
community
aside
from
people
already
know
what
this
is
and
already
are
aware
of
all
the
internal
mechanics.
C
Definitely,
I
think,
there's
just
a
huge
immense
opportunity
there.
You
know,
like
some
of
the
stats
that
zx
said
in
this
first
talk
the
amount
of
data
that
is
being
produced
by
the
world
as
and
us
as
humans
as
a
species
is
tripling
in
the
next
four
years.
The
percentage
of
that
data
that's
actually
being
stored,
is
decreasing,
and
so
there's
a
tremendous
world.
You
know
opportunity
to
impact
the
web
2
world.
C
Of
course,
awareness
is
a,
is
a
big
thing
so
trying
to
get
you
know,
awareness
into
the
hands
of
developers
and
folks
that
have
you
know
all
sorts
of
data
sets
and
and
make
sure
that
they're
aware
of
filecoin,
but
also
you
know,
if
you
think
about
falcoin
it,
it's
not
right
to
equate
it
to
like
dropbox,
it's
equated
to
equate
it
to
the
infrastructure
that
dropbox
would
run
on,
and
so
we
need
those
kind
of
like
seamless
applications
where
you
can
enter
a
credit
card,
and
you
can
store
your
data
in
an
interface
that,
like
you
know,
is
very
familiar
to
you
as
an
enterprise
or
consumer,
and
you
don't
have
to
worry
about.
C
What's
under
the
hood
right
and
we're
not
there,
yet
that's
the
kind
of
developer
tooling
that
we
need
to
track
the
web
2
space
is
to
be
able
to
use
filecoin
without
understanding
all
the
nitty-gritty
details
that
we've
explained
today.
It
just
works,
and
so
that's
that's
a
major
kind
of
priority
for
developer,
tooling
and
and
all
sorts
of
tooling
in
the
first
half
of
next
year.
A
Awesome
so
that's
super
close
and
well
looking
forward
to
go
all
of
that
going
mainstream
so
with
that
I'll,
we'll
move
on
to
the
next
set
of
talks,
so
one
call
in
zx.
Thank
you.
So
much
for
kicking
us
off
today
with
three
amazing,
deep
dives
into
the
falkland
economy.