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A
Hey
everyone
great
to
be
here,
I
want
to
talk
today
about
priorities
for
green
public
goods
builders
in
2022.,
so
this
is
this
talk
is
a
bridge
between
the
public
goods
funding
community
in
the
web,
3
space
and
the
sustainable
blockchain
summit,
falcon
green
and
related
projects.
A
So
the
goal
of
this
talk
is
to
kind
of
tell
you
about
some
of
the
work
that
that
we're
doing
in
the
public
goods
building
community
and
then
think
of
relevant
applications,
and
so
on
and
in
a
big
way
that
whole
community
is
inspired
by
all
the
kind
of
really
critical
funding
work
that
the
green
world
pioneered
with
things
like
carbon
credits.
So
a
carbon
credit
is
the
a
great
example
of
an
impact
certificate
and
impact
certificates
are
the
kinds
of
things
that
the
public
goods
building
community
is
studying.
A
So
this
talk
is
based
on
the
public
goods
builders
priorities
that
are
presented
at
funding
commons
recently,
but
this
is
tuned
for
this
community
and
tuned
for
green
tech.
I
wanna
go
through
a
few
points,
so
first
off
why
this
century
really
matters.
It
should
be
obvious
to
everyone
in
this
summit.
But
let's
talk
about
it
anyway
also
why
cryptoecon
specifically
is
key
for
solving
planetary
scale
problems.
A
Then
I
want
to
kind
of
talk
about
how
we're
exploring
regenerative
mechanisms
and
systems
in
the
public
goods
building
community,
and
then
I
want
to
talk
a
bit
about
mechanisms
and
experiments
to
try,
so
we're
going
to
flip
the
order
a
little
bit
and
then
I
want
to
leave
with
some
goals
for
the
next
year
and
some
advice
for
builders
out
there.
A
So
humanity
has
sin.
Seen
this
amazing
range
of
improvements
over
the
last
few
centuries.
It's
been
a
tremendous
success
story
on
every
single
measure
of
human
well-being
that
we
can
think
of,
or
I
don't
know
if
every
single
one
that
we
can
think
of,
but
most
of
the
ones
that
large
communities
and
governments
and
so
on
tend
to
track
are
doing
dramatically
better
on
so
we've
been
able
to
lift
hundreds
of
millions
to
billions
of
people
out
of
poverty.
A
We've
been
able
to
give
reliable
access
to
food
and
shelter
and
water
to
billions
of
people.
We've
been
able
to
build
very
fast
based
r
d
pipelines
that
help
us
understand
the
world
and
the
universe
better,
and
let
us
build
technologies
that
solve
massive
scale
problems,
so
think
of,
like
the
great
successes
of
sanitation
and
being
able
to
understand
biology
and
then
genetics
and
and
so
on.
So
it's
just
been
kind
of
this
tremendously
optimistic
view.
A
For
the
last,
for
last
few
centuries,
it's
very
difficult
to
zoom
out
and
look
at
just
how
good
of
a
story.
It
really
is,
but
it's
important
to
do
so
every
once
in
a
while.
A
However,
there
are
some
key
problems
that
that
these
these
improvements
don't
quite
capture
so
in
particular
we're
reaching
as
a
species,
a
level
where
we
can
extinct
ourselves
and
every
other
species
on
this
on
this
planet
and
there's
a
bunch
of
different
kinds
of
risks
that
that
we
can
be
exposed
to
just
in
terms
of
nature
and
how
nature
works.
A
So
it's
unideal
that
the
height
that,
based
on
like
many
groups,
articulation
and
so
on
the
risks
that
we
pose
to
ourselves
are
dramatically
higher
than
than
the
risks
that
nature
poses
for
us.
So
it's
not
that
the
universe
is
an
inhospitable
place
is
that
we,
if
we're
not
careful,
we
will
become
inhospitable
to
ourselves.
So
this
is
also
happening
in
this.
So
by
the
way
in
this
century,
these
x-risks
are
gonna.
A
We're
gonna
have
to
make
it
through
this
gauntlet
of
having
to
figure
out
how
to
survive
these.
These
particular
existential
risks.
In
the
meantime,
we're
also
you
know
part
of
this,
like
massive
transition
with
life
itself
becoming
digital,
which
is
like
a
whole
other
thing
and
to
make
matters
a
little
bit
trickier.
We,
the
the
kind
of
operating
system
of
the
species,
the
macro
systems
that
we
rely
on
are
kind
of
inadequate
to
solve
these
kinds
of
problems.
A
A
Where
we're
just
at
a
point
where
they
can
be
captured
too
easily,
they
can
be
co-opted,
they
can
get
misaligned
from
human
well-being,
and
so
it's
this
point
where
we
need
different
kinds
of
structures
that
can
improve
the
the
whole
structure,
and
this
is
where
cryptogram
can
can
really
help,
but
it
has
we
have
to
before.
We
can
remotely
claim
to
do
something
better
than
any
any.
You
know
credible
nation
state.
A
We
have
to
be
able
to
prove
that
we
can
scale
what
we're
doing
to
be
able
to
handle
economies
and
and
resource
allocation
and
success
at
the
scale
of
of
a
modern
nation
state,
and
so
the
you
know,
a
grand
challenge
for
the
krypto
community
is
to
prove
that
we
can
do
that
to
prove
that
these
systems
can
do
re
allocation,
resource
allocation
and
goal
goal,
setting
and
improvement
towards
those
goals
better
than
these
other
systems,
or
they
can
come
and
enhance
those
existing
systems
and
improve
them.
A
So
hopefully
I
convinced
you
that,
like
this
is
a
a
century
that
really
matters
now
in
this
particular
decade.
It's
also
extremely
interesting
because
first
off
we're
going
to
see
massively
powerful
ml
and
ai
improvements
landing
all
the
way
to
you
know
the
the
most
optimistic
agi
predictions
are
kind
of
late
late
in
this
decade.
A
The
kind
of
a
bulk
of
the
expert
distribution
is
the
decade
after
the
but
kind
of
on
the
way
there
we're
going
to
see
tremendous
improvements
coming
from
ml
systems
that
can
be
applied
to
all
kinds
of
problems
that
we
thought
were
intractable
before
so
just
keep
abreast
of
what's
happening
in
ml,
because
every
every
quarter,
something
tremendous
might
have
happened
that
can
solve
some
major
problem
that
you
thought
was
intractable
and
so
we're
now
entering
that
era.
Where
that
kind
of
problem
solving
can
can
happen
separately.
A
Weathering
crypto,
which
sort
of
have
been
building
and
growing
for
a
while,
are
not
in
this
decade,
will
reach
a
level
of
scale
to
be
actually
handled
to
handle
web
scale
level
traffic
and
then
can
become
mainstream
through
that.
The
the
thing
really
preventing
crypto
and
web3
to
become
mainstream
is
that
you
can't
really
build
consumer
applications
that
are
entirely
web3
based
and
so
that
that
bottleneck
will
will
basically
get
figured
out
in
the
next
three
to
five
years
in
this
decade.
We'll
also
see
climate
change
effects
being
dramatically
more
self-evident.
A
Everyone
here
in
paris
is
probably
feeling
a
bunch
of
the
heat.
This
will
get
worse
and
worse
and
worse
throughout
this
decade,
and
the
good
news
here
is
a
decade
is
a
long
time,
so
quarters
and
years
feel
really
short.
It's
kind
of
difficult
to
think
about
having
massive
impact
in
that
time
frame.
But
a
decade
is
enough
time,
so
think
of
the
entire
web
3
and
crypto
space,
it's
being
a
little
bit
over
a
decade
old.
A
A
You
can
achieve
massive
scale
impact
in
the
world,
so
you
should
be
very
optimistic
about
the
things
that
we're
making
now
this
particular
year
is
also
critical,
because
it's
a
moment
in
time
when
we're
hitting
this
inflection
point
where
now
there's
tens
of
thousands
of
scientists
and
builders
and
entrepreneurs
and
artists,
and
just
people
around
the
world
coming
into
web
3
and
crypto
to
play
around
with
the
primitives
to
try
building
things
and
to
try
and
and
use
these
kind
of
magical
superpowers.
So
it's
a
it's
a
very
good
experimental
era.
A
Lots
of
new
things
are
getting
built,
there's
tons
of
low-hanging
fruit,
many
new
projects
and
so
on.
We
also
are
in
a
period
of
time
where
we,
the
crypto
space,
is
on
the
order
of
you
know
one.
You
know
one
to
two
to
three
trillion
us
dollars
in
in
range
depending
on
when
you
look
at
it
right
so,
but
but
this
means,
like
it's
a
very
good
experiment,
size
much
smaller
than
that.
A
It's
very
difficult
to
argue
that
these
economies
are
significant
enough
to
to
do
resource
allocation
and
large
scale
much
larger
than
that.
It's
very
dangerous.
A
To
start
messing
with
the
parameters
that
like
can
wheel
an
entire
economy
in
one
direction
or
another,
so
this
is
an
extremely
good
experimental
scale
to
build
much
better
systems
that
can
mechanically
prove
that
that
we
can
do
really
good
research
allocation
and
so
on,
and
not
just
regional
allocation,
but
also
preference,
finding,
organizing
and
coordinating
large
groups
towards
those
goals
and
so
on
in
this
year.
A
The
public
goods
movement
is
also
growing
a
lot,
and
this
downturn
now
is
a
great
building
time
to
kind
of
cause
a
super
strong
refi
summer.
So,
if,
like
the
last
crypto
summer,
was
the
defy
summer,
let's
make
the
next
summer
the
refi
summer.
So-
and
this
is
a
great
moment
to
build
during
this
entire
period
to
then
come
in-
come
in
strong
in
the
in
the
next
upturn,
so
crypto
econ
huge
thanks
to
the
people
building
these
diagrams
and
the
greenfield
book
by
the
way
greenfield
book,
you
should
get
one.
A
A
An
amazing
book
to
like
introduce
a
lot
of
people
into
the
principles
of
crypticon
and
why
this
moment
is
really
special
and
what
the
tools
enable
and,
and
it
paints
like
a
really
awesome,
optimistic
vision,
vision
of
the
future.
So
these
are
two
diagrams
from
there.
They
kind
of
put
in
in
context
what
cryptoeconomic
systems
are
and
how
they
compose
and
and
so
on,
so
think
of
blending.
A
A
I'd
love
to
think
about
it
about
it
in
terms
of
software,
eating
mechanism,
design
so
think
of
incentives
and
mechanisms
and
game
theory,
and
so
on,
finally,
reaching
just
all
of
law
and
and
and
policy
space,
and
then
all
of
financial
instruments
and
contract
space
and
so
on,
and
so
this
kind
of
enables
a
massive
scale,
rewriting
of
all
kinds
of
structures,
whether
small-scale
structures
in
how
small
groups
coordinate
or
how
large
groups
coordinate
or
how
large
groups
coordinate
with
other
large
groups
or
how
entire
nation
states
might
coordinate.
A
So
this
is
basically
a
different
substrate
in
which
you
can
write
the
operating
system
of
of
communities,
and
so
today,
we've
been
using
just
kind
of
like
natural
language
laws
and
trying
to
propagate
those
through
to
kind
of
this
medium
that
doesn't
give
you
ex,
like
automatic
verification
or
automatic
execution.
We've
now
built
this
amazing
software
platform
in
the
world
that
we've
deployed
worldwide.
We
gave
a
lot
of
people,
hopefully
everyone.
A
You
know
these
super
computers
that
allow
them
to
access
all
the
all
this
kind
of
magical
software
power,
and
now
we
can
create
mechanism
design,
on
top
of
that,
to
be
able
to
coordinate
us
towards
very
good
outcomes,
so
the
just
to
give
you
a
glimpse
of
the
power
of
crypto
econ,
the
entire
bitcoin
hash
rate,
which
is
you
know,
one
of
the
largest
energy
consumers
on
the
planet,
like
largest
single
energy,
consumers
on
the
planet,
rivaling
nation
states
and
the
topic
of
much
discussion
in
the
world
is
entirely
yielded
by
a
single
mechanism.
A
The
block
reward
coupled
to
the
price
of
bitcoin
causes
is
an
impact
of
elevator
that
causes
this
massive
scale.
Dedication
of
energy
to
this
process
and
it's
a
runoff
process,
it's
just
gonna,
keep
maximizing
the
hash
rate
provided
to
bitcoin
over
time.
So
this
gives
you
a
sense
of
how
just
how
powerful
these
these
primitives
are.
If
you,
if
you
build
them
and
they
can
they're,
scalable
and
so
on,
so
this
is
tells
us
two
things
one.
A
We
should
fix
this
impact
evaluator
so
that
it's
doing
something
like
really
good
for
the
planet,
not
something
like
bad,
like
there's
a
bunch
of
like
energy
waste.
That's
happening
out
of
this,
and
if
we
can,
as
like
the
panel
before,
was
discussing
clean
all
of
this
up,
then
then
this
will
go
from
like
a
negative
impact,
elevator
to
a
positive
impact
evaluator,
and
that
would
be
pretty
great
so
like
greenifying
bitcoin.
A
So
let's
take
all
what
we've
learned
from
falcon
green
and
make
bitcoin
green,
or
something
like
that,
and
and
really
getting
to
a
point
where
all
of
bitcoin
is
now
is
now
green.
It
would
be
would
be
a
phenomenal
phenomenal
outcome.
The
second
thing
is
just
shows
you
just
how
powerful
these
tools
are.
So
if
you
think
very
carefully
and
clearly
about
these
impact
validators,
if
you
deploy
them
into
the
world,
if
they're
scalable,
you
can
move
mountains
with
these
kinds
of
things,
we've
gotten
a
feel
for
it.
A
In
the
in
the
falcon
world,
we
use
the
same
a
similar
impact
evaluator
in
our
cases
about
incentivizing
the
the
storage
capacity
in
the
network
and
now
the
storage
use
in
the
network.
A
The
the
way
in
which
the
block
reward
in
falcoin
works
is
an
example
of
tuning
the
impact
evaluator
in
bitcoin
to
then
start
accounting
for
a
something
valuable
of
where
you
can
reuse,
that
that
power,
meaning
storage
capacity
and
so
on
that
you
can
then
store
data
in
and
then
how
to
tune
that
impact
evaluator
as
well
to
start
prioritizing
certain
kinds
of
work
over
others.
A
So
the
impact
elevator
of
the
block
reward
in
falcoin
is
tuned
by
a
thing
called
the
falcon
plus
program
that
orients
the
the
the
effect
of
the
impact
evaluator
towards
really
valuable
contributions
in
the
form
of
storing
really
valuable
data
for
the
network,
and
so
that
tuning
just
takes
an
extremely
powerful
impact,
evaluator
and
aims
it
at
the
actual
kpis
that
we
want
to
optimize
in
the
network.
So
we
don't
just
want
to
get
a
ton
of
capacity
network.
A
We
want
to
get
a
ton
of
like
really
valuable
usage
of
the
of
the
network,
and
you
can
do
that
with
those
kinds
of
impact
elevators
and
that
just
required
some
tweaking
into
the
actual
structure.
A
So
hopefully
I've
like
convinced
you
that
cryptocurrency
can
be
tremendously
powerful
and
it
has
shows
a
lot
of
promise.
We
can
use
this
kind
of
mechanism
design
to
achieve
predatopia.
Paradisopia
is
like
this
concept
that
comes
from
game
theory,
where
you
can
think
through
the
kind
of
like
preference
sets
of
of
many
different
different
people,
organizations
actors
whatever,
and
you
can
instead
of
kind
of
thinking
just
about
you,
know,
kind
of
zero-sum
games
and
getting
from
that
to
a
positive
some
game.
A
You
can
go
into
kind
of
pareto,
efficient
cooperation
and
voluntary
cooperation
and
then
realize
that
in
reality,
when
groups
cooperate-
and
you
can
get
to
leverage
science
technology
and
that
kind
of
build
out
you,
you
can
not
just
grow
the
pipe,
but
you
can
grow
the
pipe
by
many
orders
of
magnitude,
so
like
defection
and
like
conflict
and
so
on.
A
It's
just
like
doesn't
make
any
sense,
like
it's
just
very
obvious
from
from
looking
through
all
of
this
kind
of
game
theory
that
it's
just
it
does
not
make
sense
to
be
in
conflict
in
the
long
term,
and
so
if
we
can
create
mechanisms
and
great
tooling,
that
can
orient
all
of
us
towards
this
kind
of
highly
collaborative
voluntary
cooperation.
You
know
area
of
the
of
the
space.
A
We
could
be
improving
our
condition
dramatically
year
over
year
and
so
on
in
a
big
way,
like
we've
been
doing
a
version
of
this
for
the
last
few
centuries
and
in
so
many
to
in
kind
of
like
booms
and
busts
in
the
millennium,
before
it's
been
a
pretty
good
time
in
the
last
few
centuries.
But
we
need
to
very
much
crank
it
up
because
we're
now
reaching
the
point
where
the
tooling
that
we're
building
is
like
extremely
powerful.
A
So
we're
also
seeing
we're
starting
to
put
into
place
the
use
of
this
tooling
to
build
much
better
systems.
So
we
can
think
of
like
the
goal
of
building
a
green,
green
cloud.
You
heard
from
alan
earlier
today
about
how
the
green
project
is
doing
this,
how
we're
making
falcon
itself
verifiably,
sustainable
and
trying
to
greenify
the
whole
thing,
and
the
goal
is
not
to
just
get
to
the
carbonized
file
coin
and
get
it
to
be
neutral,
but
instead
to
be
climate.
A
Positive
get
to
the
point
where
you
can
start
actually
being
an
agent
of
the
carbonization
on
the
planet
so
that
whenever
people
are
running
running
fat
coin,
you're
actually
contributing
to
to
the
the
solution
of
this.
This
problem
and
the
hopefully,
the
talks
today
kind
of
give
you
a
view
into
how
all
of
this
happens
all
the
different
parts,
all
the
different
work
that
has
to
go
into
measuring
the
work.
A
Getting
the
work
to
be
be
verifiable,
coupling
that,
with
with
with
good
instruments
to
to
make
this
like
a
like
a
good
and
reliable,
incredible
offsetting,
and
then
how
you
build
that
entire
system
and
that
loop
to
to
make
sure
that
the
whole
thing
actually
works.
And
then
how
do
you
take
that
and
scale
it
to
the
whole
network
and
how
you
take
that
and
then
scale
it
to
as
an
example
for
many
other
networks
that
we
can
then
kind
of
boost
up.
A
So
yeah.
It's
been
pretty
awesome
to
see.
The
impact
here
like
falcon
green
is
a
relatively
new
project.
I
think,
like
about
a
year
old-
maybe
a
little
bit
more
and-
and
it's
been
like
just
this
tremendous-
maybe
two
years,
but
it
has
this
tremendous
level
of
impact
in
a
very
short
time,
getting
to
build
one
of
the
greenest
cloud
platforms
on
the
planet,
and
so
it's
really
really
cool.
A
Another
thing:
that's
coming
out
of
this
community,
which
is
really
exciting,
is
the
ability
to
to
couple
this.
These
movements,
with
a
kind
of
builder
pipeline
towards
assisting
groups
that
are
trying
to
build
these
things,
to
act,
connect
with
each
other
access,
capital,
access,
distribution,
access,
users
and
so
on,
and
so
a
kind
of
recommendation
for
the
community
would
be
to
like
instrument
that
builder
funnel
to
help
everybody
that
wants
to
try
and
and
work
on
these
things
and
especially
kind
of
connecting
talent
as
well.
A
So
if
people
really
care
about
these
problems
coming
to
this
community
and
trying
to
find
a
project
to
work
on
that,
we
can
kind
of
instrument
that
and
do
really
well.
A
We
can
give
a
huge
boost
to
all
of
the
projects
in
this
community,
so
just
think
about,
like
the
people,
the
organizations,
the
the
attempts
at
building
a
thing
at
all
of
these
efforts,
even
though
they're
small
they're,
like
valuable
they're
like
the
seas
and
saplings
that
we
have
to
like
help
nurture
to
to
get
somewhere
so
other
things
that
that
are
key,
that
we
can
use
crypticon
for
is
accelerating
science
and
technology
improvement
itself.
A
So
we
can
think
about
modeling
the
the
r
d
pipeline
think
about
how
we
do
more
research,
how
we
turn
that
research
into
technologies,
how
we
turn
those
technologies
into
products,
how
the
kind
of
value
creation
and
valid
capture
works
across
across
that
pipeline
to
then
create
funnels
of
of
funding
and
reward
coming
back
from
markets
all
the
way
to
to
funding
the
whole
pipeline
in
it's.
A
It's
my
view
that
one
of
the
biggest
problems
that
we've
had
for
the
last
50
plus
years
is
that
there's
a
missing
coordination
system
in
between
science
and
technology
and
product
building.
That
creates
like
a
lack
of
incentives
in
the
middle
of
this
innovation
chasm,
where
tons
of
good
ideas
just
go
to
die
and
get
stuck
there,
because
there's
no
reliable,
large-scale
incentive
to
push
these
things
along.
A
You
need
incentives
at
the
scale
of
trillions,
not
not
not
hundreds
of
millions,
and
it's
kind
of
like
this
weird
case
where,
like
that
kind
of
scale
matters
great,
let's
go
into
some
regenerative
mechanisms
in
systems
the
the
public
goods
funding
community
has
been
around
in
the
corporate
space
for
a
while,
but
it
has
been
really
kicking
into
a
year
in
the
last
few
years,
notably
think
in
great
in
great
part,
thanks
to
the
gatecoin
community,
the
green
pill,
movement
shelling
point
funding
the
commons
and
many
other
groups
that
are
optimism
and
a
ton
of
dows
that
are
starting
to
look
into
into
these
kinds
of
things,
and
all
of
it
comes
from
the
shared
realization
that
blockchains
and
contracts
operate
at
massive
scale.
A
We
have
this
enormous
potential
to
solve
deep
coordination
problems
at
both
small
scales,
medium
scales
and
really
massive
scales,
and
that
it's
kind
of
on
us
to
organize
a
movement
to
build
new
models
for
sustainable
public
goods,
funding
and
value
alignment
in
these
kinds
of
networks,
one
that
is
a
very
near
and
dear
to
me
that
I
think
has
an
enormous
potential
is
if
we
can
find
a
reliable
way
to
couple
funding
flows
to
open
source
tool.
Development
like
that
could
just
kind
of
very
quickly
scale
up
massive
amount
of
production
of
public
goods.
A
It
just
tends
to
be
a
very
tricky
and
nasty
problem
to
get
right,
but
if
we
can
like
crack
that
one
like
that
would
be
just
one
of
these
tremendously
high
leverage
things
to
work
on
the
movement
is
growing.
There's
a
lot
of
communities
working
together
and
building
building
tools
and
building
systems
and
exploring
a
bunch
of
this
landscape
together.
A
So
what
this
is
a
moment
of
exploration
where
people
are
trying
out
new
things
coming
up
with
new
ideas,
proposing
new
things,
trying
them
at
different
scales,
learning
from
them,
instrumenting
them
and
trying
to
kind
of
report
on
successes
and
so
on.
This
is
like
this
is
a
highly
experimental
area
where
we
should
be
trying
experiments
of
various
scales.
We
should
be
learning
from
them
and
then
figuring
out
how
to
how
to
what
are
the
kinds
of
things
that
are
going
to
scale
and
work.
A
Well,
some
of
the
I'm
going
to
mention
a
few
things
from
funding
commons,
because
it's
one
of
the
areas
that
that
I'm
looking
most
closely
and
this
talk
is
kind
of
coming
from
that
community.
A
There's
a
lot
of
different
kinds
of
mechanisms
you
can
use
to
to
fund
things.
There
are
things
like
campus
certificates,
which
again
are
based
on
things
like
carbon
credits.
There
are
new
kind
of
entities
that
you
can
create
in
the
in
the
world,
like
you,
don't
have
to
limit
yourself
to
traditional
corporations
or
traditional
ngos
or
or
non-profits
and
so
on,
but
now
with
all
the
dow
tooling
and
all
of
the
blockchain
organization,
tooling,
you
can
create
programmable
organizations.
So
you
can.
A
You
can
tune
the
the
way
in
which
these
organizations
work
and
put
it
into
into
code
that
that
executes.
You
don't
have
to
hope
that
the
the
current
different
like
lower
level
legal
infrastructure,
that
you're
using
is
gonna
respect
the
the
goal
set
of
the
of
the
group.
You
can
embed
the
goals
of
the
group
directly
into
the
into
the
system
and
that's
a
super
powerful
super
powerful
tool.
A
My
sense
is
that
there's
probably
a
lot
of
value
in
coordination
systems
that
cross
organizations
coordination
systems
both
for
single
organizations
and
across
organizational
boundaries,
so
think
of
like
a
network
equivalent
of
okrs
or
things
like
that
or
creating
you
know
things
like
the
climate
map
and
building
building
like
long-term
tech
trees
for
different
groups
to
work
on
different
parts.
This
kind
of
coordination,
tooling,
is
like
fairly
difficult
to
ellen
this
morning,
was
talking
about,
like
the
the
theory
of
the
firm
and
so
on.
A
Most
of
the
coordination
tooling
that
we
have
is
inside
of
firms,
and
we
have
some
coordination
tooling
outside,
but
it's
very
sparse
relative
to
the
internal
coordination
tooling.
So
we
can
focus
on
building
coordination
tooling,
for
networks
for
open
networks
of
different
organizations.
That
could
let
us
do
really
really
well
an
example
of
this
kind
of
thing.
A
Working
with
a
great
effect
is,
is
github,
github,
enabled
coordination
on
projects
across
organizational
boundaries,
and
it
had
massive
impact
in
the
last
you
know,
20
years
we're
building
through
things
like
front
of
the
comments
and
shellingpoint
and
many
other
groups
in
the
green
pill,
podcast
and
more
we're
building.
A
A
So
I'm
going
to
talk
a
little
bit
about
some
mechanisms
to
try
for
for
a
moment,
so
I
think
that
this
community
could
experiment
with
cleaning
up
carbon
credits,
so
this
means
take
look
at
the
existing
carbon
credit
systems,
figure
out
problems
and
instead
of
saying.
Oh,
this
thing
is
broken.
Let's
not
use
it.
Let's
make
a
completely
new
thing.
A
Think
about
how
to
improve
those
systems,
because
they've
installed
into
extremely
difficult
systems
to
change
and
if
you
can
just
kind
of
add,
like
sprinkle,
some
verifiability
onto
the
whole
thing
or
sprinkle
other
improvements
that
could
be
extremely
high
leverage,
so
think
of.
Like
the
colored
coins
approach,
the
color
coins
approach
was
a
way
of
taking
bitcoin
and
trying
to
enhance
bitcoin
with
programmability.
A
Think
of
creating
like
greener
carbon
credits,
so
groups
can
start
transacting
on
carbon
credits
that
are
like
enhanced
with
some
verifiability
layers.
Think
of
it
kind
of
like
the
wreck
strategy
right.
The
rec
strategy
is
extremely
good
to
be
able
to
take
a
a
fungible
hard
to
distinguish
resource
and
make
it
and
pick
a
subset
of
that
resource
and
be
able
to
transact
in
that
subset,
even
though
you're
using
the
underlying
transactional
layer
that
doesn't
give
you
that
information
right,
so
you
can
kind
of
like
wrap
existing
models.
A
Add
some
information
on
the
top
and
transact
at
it
at
a
higher
layer
and
make
that
work.
So
you
can
take.
You
can
totally
take
existing
carbon
credit
systems
and
great
and
improve
them
in
this
way,
and
I
think
that
could
be
extremely
high
leverage.
We
should
also
look
more
at
this
kind
of
rec
structure.
That
kind
of
model
is
extremely
powerful.
Are
there
other
problems
that
we
can
solve
that
way?
Where
there's
just
some
on
fundamental
difficulty,
because
information
is
getting
lost
somewhere?
A
Can
you
take
the
strategy
of
creating
other
certificates,
publishing
those
certificates
and
enabling
new
transactions
to
happen?
On
top
of
some
other
transactional
substrate,
without
having
to
like
hope
that
everyone
switches
over
to
a
new
grid,
we
should
look
at
impact
evaluators
impact.
A
Evaluators
are
these
these
structures,
where
you
can
measure
some
kpi
and
you
can
associate
some
funding
source
to
the
improvement
of
that
kpi
and
you
can
reward
participants
that
are
contributing
to
that
kpi,
so
think
of
the
bitcoin
block
reward
and
the
the
falcon
block
reward
as
kpis
sorry,
it's
impact
evaluators
that
are
rewarding
some
function,
that
the
system
and
the
network
are
are
operating
in.
You
can
use
this
kind
of
tooling
to
incentivize
all
kinds
of
other
systems,
all
kinds
of
other
kpis,
and
so
on
now
be
careful.
A
If
you
get
the
wrong
kpi
or
like
you
go
too
far,
without
like
a
check
or
something,
then
you
might
get
like
the
bitcoin
problem.
Where
suddenly
you
have
this
run
of
impact
evaluator,
that's
just
kind
of
consuming
all
the
energy
in
its
path.
So,
in
those
cases
like
build,
escape,
hatches,
build
ways
of
improving
it,
build
ways
of
shutting
them
off
and
and
so
on,
or
kind
of
upgrading
them
into
into
the
preference
side
of
the
community.
That
is,
that
is
building
these
things
we
should
also.
A
We
should,
I
think,
it's
possible
to
create
a
planetary
stability,
ie
network,
I'm
going
to
talk
about
that
in
a
moment,
I'm
running
out
of
time,
so
I'm
going
to
if
this
time
I'll
return
to
this,
I
think
you're
going
to.
We
can
also
use
these
the
funding
structures
and
the
funding
programs
that
we're
building
across
the
public
funding
community
to
support
all
of
the
green
tech
and
all
the
sustainable
blockchain
world,
so
leverage,
bitcoin
and
other
grant
programs
to
scale
public
goods
funding.
A
Try
other
funding
allocation
protocols
in
terms
of
like
try,
different
mechanisms
for
allocating,
like
think
of
ways
of
coupling
success
in
a
project
to
then
downstream
allocation
into
new
projects,
as
well,
so
to
create
structures
where
you
get
this
whole
regenerative
loop
working
impact
evaluators
I'll
just
mention
briefly,
is
like
this
tool
to
be
able
to
enable
a
community
of
agents
that
want
to
achieve
an
objective
to
frame
that,
in
terms
of
a
measure,
you're
gonna,
you're,
gonna
track
a
pool
of
funds
that
you're
gonna
use
to
incentivize
and
a
kind
of
measurement
set
that
you're
gonna.
A
You
know
couple
to
the
to
the
to
the
impact
that
you're
trying
to
see
you
can
think
of
it
as
kind
of
a
control
theory
loop
from
like
the
traditional
mechanisms
like
physical
mechanisms
world.
Like
you
know,
planes
run
on
on
these
kinds
of
control.
Theory
loops
all
kinds
of
systems
around
the
world
like
behave.
This
way,
think
of
it
using
that
exact
structure,
but
now
couple
it
in
incentive,
design
and
incentive
mechanisms,
and
so
on.
A
A
So
the
traditional
model
of
bitcoin,
with
a
huge
reserve
that
kind
of
like
gets
whittled
down
over
time
is
one
version
you
can
think
of
that
that
reserve
being
funded
by
the
success
in
the
kpi,
so
you
can
create
a
a
regenerative
loop
where,
as
you're
funding
impact
on
the
kpi
you're
generating
some
value,
and
you
can
pipe
that
back
into
the
impact
evaluator
itself,
you
can
get
an
even
stronger
reinforcement
loop
in
place.
A
You
sort
of
like
the
what
an
impact
evaluator
does.
Is
it
slices
up
time
and
it
lets
you
kind
of
measure
impact
in
a
in
a
time
slice
figure
attribute
that
impact
and
give
cred
assign
the
credit
to
some
participants.
A
So
you
measure
the
world,
you
evaluate
and
assign
the
credit,
and
then
you
reward
those
participants.
It's
an
extremely
powerful
tool.
Part
of
the
power
comes
from
the
just
kind
of
like
public
commitment
of
this
coordination
tool
existing
without
having
to
like
write
an
email.
Ask
anybody
for
for
something
or
whatever
the
the
mechanism
is
there
in
the
sky.
It
works,
and
and
groups
and
communities
can
plan
against
that
in
large
scale,
so
think
of
the
entire
bitcoin
community
as
an
example
of
planning
for
over
a
decade.
A
Based
on
that
impact
elevator,
you
have
massive
scale:
corporations
that
are
able
to
reliably
bet
and
as
their
future,
just
based
on
this
one
single
impact
validator.
If
we
can,
if
we
can,
these
kinds
of
tools
are
extremely
powerful.
If
we
can
use
them
to
to
solve
all
their
problems,
I
think
we
could
yeah.
I
think
we
can
use
and
solve
other
problems,
let's
let's
experiment
a
lot
more
with
them.
A
I
also
think
you
can
couple
these
in
in
in
networks,
so
you
can
have
impact
emulators
that
that
are
trying
and
trying
to
incentivize
different
kpis,
and
then
you
can
kind
of
like
fund
those
if
together
they're
achieving
some
success.
So
this
is
where
you
can
start
building
checks
and
balances
where
you
can
have
some
set
of
kpis
maximizing
a
set
of
things
that
you
care
about,
but
you
really
want
to
maximize
the
set
together
and
not
just
a
single
one,
and
this
is
a
way
where
you
can
start
coupling
these
things
together.
A
You
can
make
them
positive
some
by
make
making
them
super
linear,
potentially
prior
to
preferred
if
you
can
like
build
some
kind
of
memory
model
into
them.
A
So
I
think
you
can
use
these
things
to
solve
the
the
problem
that
alan
was
talking
about
this
morning,
where,
if
you
look
at
the
planetary
stability
and
and
the
you
know
the
planetary
boundaries
framework,
can
you
like
create
ies
that
kind
of
like
push
against
that
and
reward
at
massive
scale
and
build
this
kind
of
like
network
of
ies?
That
kind
of
help
build
a
kind
of
like
homeostatic
behavior
in
the
economy,
like
they
build
a
a
structure
in
the
economy
that
is
able
to
to
tune
the
conditions
of
the
planet?
A
Something
like
this,
I
think,
might
be
possible.
So
I
I
claimed
that
this
was
a
huge
special
decade.
I
claimed
this
was
a
really
critical
year.
The
funding
the
commons
community,
you
know,
has
kind
of
these
set
of
goals
for
the
year.
I
wanted
to
highlight
a
few
for
this
community.
A
One
is,
there's
going
to
be
a
ton
of
workshops
and
hackathons
that
are
going
to
enable
communities
to
build
and
try
new
new
structures,
we're
trying
to
create
a
lot
of
funding
around
this,
so
we're
trying
to
establish
different
ways
of
supporting
builders
and
researchers
in
the
space.
We
want
to
carry
like
these
these
network
funds
and
which
we
want
them
to
be
at
a
certain
scale.
We
want
to
scale
up
impact
certificates
in
other
areas,
so
you
know
the
proper
like
original
invest.
A
Certificate
markets
are
massive
now,
so
so
those
don't
count
for
this
50
million
goal,
so
we
want
to
scale
other
kinds
of
impact
certificates,
but
you
know,
if
you
can
think
of
impact
certs
where
ways
of
coordinating
groups
or
building
out
the
tech
for
green,
green
things
or
or
you
come
up
with
some
other
idea.
That's
not
just
the
carbon
credits
model
or
the
right
model
definitely
come
talk
to
this
community
and
we
want
to
explore
the
impact
developer
landscape.
A
Similarly,
I
think,
like
some
goals
for
this
community
might
be
to
let's
keep
growing
these
events.
These
are
fantastically
good
in
terms
of
connecting
people
showcasing,
project
and
and
tracking
progress
over
time.
Let's
lean
into
so
now
that
we
all
understand
a
lot
of
the
problem
space
and
we
need
to
keep
exploring
that.
A
Of
course,
let's
now
turn
into
more
hackathons
and
villafons,
to
enable
more
people
to
try
more
things
and
see
which
of
these
things
might
work,
we
should
consider
measuring
and
optimizing
like
this
green
builder,
funnel
to
connect
new
projects
to
to
advice,
capital,
talent
and
everything
they
need.
A
We
should
leverage
the
network
funding
structures
that
exist,
so
we
should
leverage
the
the
getaway
network,
funding
the
the
ftc
network
and
many
other
groups
in
the
space
and,
of
course,
like
here's,
where
you
can
tap
into
like
the
original
public
network
funding,
which
is
nation
states
right.
The
green
world
has
this
advantage
over
the
rest
of
crypto,
where
you
can.
The
rest
of
the
world
understands
this
problem
and
there's
massive
scale
public
funding
for
solving
these
problems,
like
there's
hundreds
of
billions
of
dollars
allocated
to
these
things
potentially
trillions.
A
A
Let's
grow
the
community,
I
think
in
general
we
achieve
great
success
by
growing
our
communities,
let's
think
of
incrementally
upgrading
green
impact
certificates,
so
think
of
coloring,
carbon
credits,
think
of
improving
data
gathering
and
certification,
verifiability,
and
so
on.
Let's
build
like
a
data
science
platform
around
all
of
these
things
and
let's
kind
of
build
more
tools
and
dashboards.
The
graphs
that
I
showed
at
the
beginning
came
from
our
world
in
data
website,
which
is
phenomenal
in
terms
of
giving
the
world
an
accurate
measure
of
kpis.
A
Let's
create
a
an
sbs
investor
network
that
can
couple
they
can
kind
of
create
a
model
by
by
which
these
investors
and
groups
of
capital
can
support
people
in
organizations
that
are
trying
to
have
impact
in
this
world.
You
may
want
to
experiment
with
impact
capital.
This
is
an
area
where
not
just
traditional,
equity,
fundraising
and
so
on
or
token
fundraising
and
so
on
could
could
help,
but
an
area
where
impact
certificates
themselves
could
be
could
be
interesting.
A
Lastly,
some
quick
advice.
I
highly
recommend
this
community
to
ship
quickly
in
these
public
and
open
networks,
value
compounds
tremendously
fast,
you
get
you
can
ship,
some
ideas
tell
the
world
about
it,
and
then
new
projects
can
appear
and
scale
in
a
matter
of
weeks,
not
years.
That's
a
totally
different
landscape.
Keep
the
experimental
velocity
high,
try
a
bunch
of
new
things,
don't
get
stuck
trying
something!
A
That's
just
not
working
for
a
long
time
I
mean
you
can
keep
chipping
away
the
problem
but
find
things
that
are
like
working
and
follow
kind
of
like
the
path
of
least
resistance.
Don't
let
perfect
be
the
enemy
of
the
good.
We
have
like
massive
problems
to
solve
you're,
not
going
to
get
everything
to
kind
of
like
be
perfect
at
once
to
ship
incremental
improvements.
A
This
is
an
area
where
I
know
a
lot
of
people
feel
very
strongly
and
negatively
about
the
existing
carbon
credit
market,
because
it's
so
it
was
so
unverifiable
for
a
long
time
and
it
caused
massive
amounts
of
damage.
But
just
the
idea
and
the
fact
that
that
was
a
way
for
nation
states
to
coordinate
against
the
problem.
A
It
was
phenomenal
and
I
think
it
was
a
huge
net
positive
now,
let's
clean
the
clean
them
up
and
improve
them
and
upgrade
them
to
get
them
to
a
really
really
good
good
state,
and
one
of
the
things
that
I've
been
thinking
about
recently
is
like
walk
away
impact
systems,
so
many
systems
and
programs
that
people
build
tend
to
rely
a
lot
of
they're,
very
labor
intensive
and
they
require
a
lot
of
people
to
constantly
invest
more
time
and
energy
into
them,
to
run
them.
A
Think
of
leaning
into
mechanism
design
and
software
to
build
automated
structures
where,
once
you
kind
of
like
design
the
thing
you
can
you
can,
you
can
go
and
like
work
on
other
things
or
that
community
can
like
go
and
work
on
other
things.
If
you
need
to
and
and
maybe
the
system
doesn't
keep
improving
but
at
the
very
least
keeps
working
and
it
keeps
delivering
impact.
A
Think
of
using
the
best
tools
available
software
economies,
open
networks,
don't
limit
your
your
solution
to
the
problem
by
by
not
kind
of
like
leveraging,
like
whatever
the
world
has
to
offer,
and
with
all
of
this,
like
really
make
sure
that
you're
like
robustly
analyzing
the
problem
space
and
you're,
letting
other
people
do
that
as
well,
so
be
open
share.
What
you're
doing
share
the
model
talk
about
it,
hold
yourself
and
others
to
high
standards,
but
also
make
allowance
for
getting
there
right.
It's
okay,
like
it's!
A
Okay,
to
to
like
not
be
perfect
from
day
one
you
can
like
incremental
improvement,
is
dramatically
more
valuable
than
just
having
like
forcing
everything
to
be
perfect
from
day
one,
and
the
last
plug
would
be
to
think
about.
Composable
primitives
try
to
build
structures
that
will
compose
with
others,
so
that
you
can
as
you're
building
something
and
build
a
a
tool
chain
for
other
people
to
couple
and
build
better
solutions
that
you
haven't
thought
of
cool
all
right.
So
that's
some
thoughts
and
priorities
for
this
community.