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From YouTube: Cardano Monthly Update - August 2020
Description
The latest edition of our monthly update show, where we're bringing you all the latest Cardano development news.
A
A
Yeah,
a
little
tired
august
was
supposed
to
be
a
month
of
rest.
Wasn't
it
didn't
quite
turn
out
that
way
for
all
of
us,
but
it's
it's
been
a
positive
month.
I
think
now
you
know
it
is
a
month
almost
exactly
to
the
day
that
we
we
crossed
that
epic
boundary
and
entered
the
shelly
age
very
exciting
evening
very
special
time.
A
I
think
I
I
popped
into
a
few
of
the
community
streams
and
then
I
headed
back
to
mission
control
to
actually
watch
us,
as
we
turn
from
you
know,
turn
from
byron
into
shelley,
which
was
really
quite
a
moment
so
yeah,
it's
still
a
little
bit
of
a
little
bit
of
a
buzz
from
that.
Even
even
one
month
on
but
how's
your
month
been.
B
It's
it's
been
going.
A
product
person's
job
never
really
ends
right,
so
we
we've
been
doing
a
lot
of
work,
basically
taking
community
feedback
into
a
lot
of
the
products.
You'll
hear
a
lot
about
this
on
the
show,
but
we
we're
really
interested
in
the
staking
experience
really
interested
in
the
exchange.
A
So
I
mean
it
was
obviously
a
huge
sort
of
effort
during
july
to
get
it
over
the
line,
not
least
from
the
community
as
well,
and
all
the
staple
operators
that
we've
been
working
from
from
december
onwards.
Really
so
I
think
we're
all
allowed
a
little
bit
of
celebration,
but
really
the
hard
work
starts
here.
Doesn't
it.
B
It
does,
and
I
mean
this
is
not
the
only
you
know.
Shelly
is
definitely
the
foundation,
but
we're
also
building
a
great
foundation
for
what
everybody
wants
to
talk
about
gogen
and
voltaire
and
and
some
of
the
other
things
that
are
in
the
pipeline.
So
this
is
it's.
It's
really
exciting
stuff
coming
up.
A
B
Yes,
I
mean
that
was
very.
You
were
talking
about
mission
control.
Remember
a
month
ago
we
were
all.
The
entire
company
was
was
invited
to
watch
as
the
transactions
went
from
buyer
into
shelly
and
how
it
was
like
looking
at
a
bunch
of
numbers
on
the
screen,
so
for
the
geeky
ones
of
us.
B
We
were
all
really
excited
about
it,
just
to
see
these
block
heights
and
all
the
different
metrics
that
were
going
on
with
with
shelley
and
then
the
next
big
thing
happened
when
the
d
parameter
changed
to
allow
for
our
stake,
pool
operators
to
to
make
blocks
very.
That
was.
That
was
actually
even
more
exciting
to
me,
because
that
starts
our
our
slow
measured
march
towards
a
total
decentralization
where
the
chain
is
going
to
have
a
life
of
its
own
outside
of
outside
of
us.
So
that
was
pretty
neat.
A
So,
charles
is
also
referenced.
I
think
in
a
couple
of
his
videos,
this
idea
of
technical
debt,
so
also
august,
has
been
about
some
cleaning
up
some
some
optimization
and,
as
you
say,
this
is
more
about
kind
of
improving
the
experience.
Maybe
you
want
to
tell
us
a
few
of
the
other
things
that
we
have
been
doing
and
we
will
be
doing.
B
Yeah
absolutely
so
you
know
we
went
from
product
managers
to
experience
managers
in
a
way
like
I
was
talking
about
right
with
the
staking
experience.
For
example,
you're
talking
about
stake,
pool
logistics.
You
know
how
how
are
stake
pools
operating
with
a
different
parameter
management
protocols
that
need
to
happen,
the
d
and
the
k
and
all
the
other
stuff
delegation?
How
people
like
to
delegate
the
different
wallet
types
hardware
wallets
that
that's
been
a
pretty
big
topic
of
discussion,
around
ledger
and
trezor
and
what
we're
doing
there.
B
So
those
are
all
experiences
around
the
staking
which
which
we've
been
heavily
focused
on,
and
the
next
thing
is
about
exchange
experiences.
Getting
making
sure
that
liquidity
is
up
and
running.
Exchanges
have
had
a
good
experience
with
us
that
we're
continuously
building
towards
that
relationship
there.
So
that
was
another
big
one
and
then,
of
course,
when
we
talk
about
technical
debt,
it's
it's
really
about
it's
really
about
putting
in
the
things
that
we
de-prioritize.
B
We
wanted
to
get
to
get
to
shelly
launching
at
the
end
of
july,
and
those
are
the
items
that
now
the
node
team
and
the
core
consensus
team
and
the
network
teams
they're
all
focused
on
doing
some
portions
of
technical
debt
management
and
writing
things
down
and
document
documenting
so
that
we're
able
to
go
back
and
take
a
look
at
what
what
we've
done
and
for
publishing
it
later
at
some
some
point
down
the
line
and
that's
that's
the
sort
of
technical
debt
that
we're
working
on
and
then
of
course,
technical
support.
B
B
We
take
a
look
with
our
technical
support,
lead
deadlifts
does
and
the
node
does,
and
we
look
at
sub
ones
or
any
sort
of
bugs
or
any
sort
of
experience,
updates
and
work
through
that
and
try
to
try
to
remediate
that
in
the
next.
The
next
launch
so
slowly
becoming
very
agile
as
well
constantly
putting
things
out.
A
A
Now,
we've
obviously
published
quite
an
extensive
blog
piece
from
kevin
all
about
d,
but
of
course,
d
is
just
one
of
the
many
one
of
the
many
levers
that
we're
going
to
be
pulling
over
the
next.
You
know
the
next
few
epochs
and
beyond,
to
try
and
kind
of
optimize
that
that
overall
kind
of
experience
for
stake,
pools,
and
particularly
balancing
community
pools,
do
you
want
to
just
talk
a
little
bit
more
about
some
of
the
other
factors
that
we're
going
to
be
considering
and
how
we're
going
about
that.
B
Right
so
I
think
charles
did
a
great
white
board
session.
I
think
it
was
a
few
weeks
ago.
So,
if
you
guys
haven't
checked
that
out,
please
do
because
he
actually
talks
through
with
his
whiteboard
how
the
d
parameter
is
going
to
decrement
over
a
certain
amount
of
time
to
get
us
to
d
equals
zero
and
why
we're
doing
it?
That
way,
which
I
think
is
very
important.
So
us
as
I
o
we,
we
are
obligated
to
ensure
that
this
is
the
most
robust
chain
that
we
put
out
to
the
community.
B
It's
a
part
of
it's
a
part
of
our
moral
and
our
due
diligence
that
we
do
as
a
company
that's
building
this,
and
that
is
why
there
is
a
slow
ramp
down
on
the
deep
parameter,
because
it
allows
us
to
ensure
that
we're
doing
this
in
a
manner
that's
viable
for
stake,
pool
operators
to
run
and
operate
viable
for
delegators
delegating
viable
for
us,
as
we
are.
B
Ensuring
that
there
is
no
technical
debt
left
in
the
in
the
product
before
it
totally
goes
decentralized,
so
slow
march
to
me
is
is
a
good
thing
as
a
product
person.
It
also
helps
us
and
we're
talking
about
slow
march,
we're
talking
still
months
right,
we're
not
talking
years.
So
that's
definitely
one
thing
that
we
model
every
week
and
actually
not
even
every
week.
It's
an
epoch
change,
so
we
model
it
almost.
It
seems
like
every
three
days
and
ensure
that
we're
doing
it
the
right
way,
the
other
one
is
k.
B
A
A
Let's
maybe
just
move
it
back
to
the
people
who
are
doing
the
delegating,
because
obviously
we're
going
to
touch
on
the
what
experience
in
a
bit
more
detail
in
a
moment,
but
I
think
we've
got
a
few
stats.
Haven't
we
about
some
of
the
rewards?
The
first
rewards
have
recently
been
paid
out.
We've
we've
now
got
certain
amounts
of
aida
being
staked.
B
So
here
it
is
so
we
paid
out-
let's
see,
seven
million
in
ada
so
far
by
823
in
terms
of
the
first
set
of
rewards
the
next
payout.
The
next
epoch
is
the
end
of
this
one,
which
is
in
a
few
days
right.
So
it's
in
two
days,
so
the
28th
of
august
and
will
probably
pay
out
about
12
million
based
on
the
increased
delegation.
B
Community
response
that
he's
been
tracking
so
far
has
been
very
positive
sentiment.
Lots
of
you
guys
have
jumped
onto
stake,
operating
stake,
pools
and
delegating,
and
our
stake
pools
are
actually
reliably
making
blocks
still
early
days
so
for
the
ones
that
haven't
no
worries.
I
mean
the
system
has
just
kind
of
gotten
up
and
running
and
on
its
feet.
B
So
right
now
we
have
like
138
stake,
pools
tim
that
are
currently
active,
which
is
great,
and
then
we've
got
about
13.64
billion
ada,
that's
been
staked
as
of
to
40
000
stake
addresses
on
the
chain.
So
it's
it's
been
progressively
explained.
B
A
A
Okay,
look:
let's
maybe
dig
a
little
bit
more
into
that
wallet.
Experience
we've
talked
about.
Shall
we
I'll
tell
you
why
don't
we
start
off
with
a
with
a
with
an
update
from
sebastian
on
on
your
roy,
we'll
talk
we'll
then
dig,
maybe
into
deadlifts
a
little
bit.
I
think
we've
got
a
little
bit
of
news
on
cold
staking
and
how
we're
going
to
approach
the
kind
of
the
wallet
release
over
the
over
the
months
ahead,
but
maybe,
let's
just
first
go
to
that
clip
very
kindly
from
sebastian
from
emergo
on
iroi.
C
Hey
everyone,
my
name
is
sebastian
and
I'm
the
co-vp
of
engineering
at
americo
and
project
manager
for
carliano.
So
in
this
very
quick
video
I
just
want
to
talk
about
where
we're
at
with
the
euro
browser
extension
and
your
mobile.
So
for
the
yodoi
browser
extension,
we
now
have
buyer
wallet
support.
We
have
shelley
weld
support.
We
have
delegation
support,
we
have
pool
selection
of
pool
selection
ui,
we
can
see
all
the
stake
pools
and
we
also
have
itn
reward
claiming
the
only
big
feature
that
we're
still
working
on
is
ledger
support.
C
So
we
support
trezor
hardware.
Wallets,
we
don't
support,
ledger
hardware
welds
just
yet.
We
hope
to
have
this
ready
on
youtube
nightly
this
week,
so
hopefully,
by
the
time
you're
watching
this
video,
it
might
already
be
released
or
might
be
released
and
a
few
days
after
you're
watching
this
video.
So
what
is
heroic
nightly
euro
nightly
is
kind
of
our
equivalent
to
dateless
light.
It's
a
test
version
of
of
your
way
that
anybody
can
download
it
runs
on
the
main
net.
So
if
you
want
to
help
us
test,
your
right
features
ahead
of
public
release.
C
A
Okay,
so
there's
sebastian
with
an
update
on
your
roy
and
thanks
to
sebastian
all
the
team.
We
know
how
hard
they've
been
working
to
to
bring
your
roy
on
over
the
last
few
few
weeks.
So
let's
maybe
talk
about
deadlifts
now,
so
obviously
daedalus
is
still
just
as
we're
optimizing.
The
network
and
the
performance
we're
continuing
to
optimize.
A
Deadlifts
we've
had
a
couple
of
versions
since
we
moved
into
shelley,
I
think
most
recently
the
flight
version
so
perhaps
upon
you
just
want
to
remind
us
a
little
bit
of
what
flight
is
and
how
it
fits
in
with
the
kind
of
the
main
net
deadless
release.
B
B
But
the
key
area
around
flight
is
the
fact
that
we're
going
to
put
stuff-
that's
not
completely
robustly
tested
from
a
qa
perspective,
but
we're
going
to
put
it
out
there
quickly
and
to
test
a
certain
feature
or
test
a
certain
experience
or
test
a
certain
reaction
before
we
put
on
mainnet
and
it's
been
a
very
helpful
tool
for
us
and
we'll
continue
to
use
it
in
in
in
many
many
ways
like
as
we
move
forward
with
gogan
and
voltaire
as
well
and
main.
A
Main
net
is,
it
is,
of
course,
a
mainnet
wallet
to
be
clear.
Flight
is
also
a
mainnet
wallet,
but
it's
more
for
the
power
user.
B
It
is
more
for
the
power
user
yeah
you're,
absolutely
right,
so
it
is
more
for
the
power
user
and
putting
it
on
mainnet
gives
us
kind
of
the
real,
the
real
world
feedback
that
we're
looking
for
right.
So
it's
not
just
with
a
with
a
testing
criteria
in
a
safe
environment,
it
isn't
in
the
main
net
environment.
For
that
reason,
so
it's
more
advanced.
I
guess,
if
you
call
it's
not
a
little
bit
above
a
beta.
A
Yeah
yeah
and
this
kind
of
community
feedback
obviously
then
gets
fed
into
the
the
full
main
net
release,
which
should
hopefully
be
following
hot,
on
the
heels
of
each
flight
release.
So
what
are
we?
What
have
we
seen
in
the
latest
flight
release
and
what
will
we
see
in
mainnet,
which
I
think
is
going
to
be
in
the
next
few
working
days
or
so.
B
Sure
so
it
was
the
node
version
1.19.
If
you
guys
remember,
we,
we
were
putting
1.19
to
address
some
of
the
performance
issues
that
people
people
were
were
in.
Our
people,
as
well
were
were
seeing
with
the
wallet
and
with
sync
times
and
so
on,
so
that
was
the
main
driver
for
1.19,
but
we
went
ahead
and
put
a
few
other
things
in
just
just
because
we
were
getting
that
feedback
from
the
community.
One
was
the
confusion
around
the
state
pool,
ranking
list,
so
nice,
ui
and
deadlifts.
B
It
shows
everybody's
ranking
and
it's
going
to
be
a
good
feature,
especially
from
the
delegation
side
of
things,
to
be
able
to
delegate
to
the
pools
that
you
you
want
to
delegate
to
based
on
some
criteria.
However,
without
having
the
historical
data
to
feed
those
boards,
there
was
some
confusion
around
how
they
were
how
they
showed
up.
B
How
many
showed
up
where
a
certain
stake
pool
showed
up-
and
that
to
me
is
just-
is
really
noise
at
this
point,
because
we
weren't
ready
to
put
that
screen
up
so
we're
taking
that
one
down
we're
graying
it
out
until
we
have
a
little
more
data
under
underneath
the
algorithms
to
be
able
to
put
up
put
up
a
good
ranking
for
the
community.
So
you'll
see
that
soon
as
well
and
then
metadata
that's
another
thing.
B
That's
coming
up
very
soon,
so
metadata
for
stake,
pools,
which
is
going
to
be
really
key
and
we'll
we'll
put
out
some
more
information
separately
in
a
in
a
video
chat
on
on
how
we
can
use
metadata
going
forward.
And
then
the
other
thing
is.
A
B
It
is
you
know,
smash
is
a
very
interesting
concept.
So,
of
course,
it
came
out
because
of
spoofing
right.
The
the
whole
point
of
a
staple
operator
wanting
to
create
a
small
business,
a
small
business
type
of
a
brand
name,
recognition
totally
get
that
and
totally
understand
that
it's
a
great
concept,
and
so,
of
course,
if
you're
a
if
you're
a
big
enough
name,
there's
a
chance
for
you
to
be
spoofed,
we
were
right
in
our
own
pools,
so
the
point
of
smash.
B
So,
where
how
people?
What's
the
governance
procedure?
To
put
somebody
on
a
good
list
or
on
a
bad
list,
who's
going
to
be
doing
this
at
some
point
it
shouldn't
be
an
entity
focused,
it
could
be
if
you
want
it
to
be,
but
at
the
same
time
we
have
to
provide
the
option
for
the
community
to
be
able
to
do
something
like
this.
B
So
there's
a
lot
to
think
about,
and
this
could
be
a
great
focus
group
session
for
us
and
we
are
planning
to
do
that
so
putting
a
product
requirements
document
together
for
something
like
this.
A
system
like
this
and
introduce
it
through
flight,
so
smash
is
going
to
come
out
in
a
beta
version.
First
and
as
we
grow
through
the
product
strategy,
you
all
will
be
involved
and
we'll
definitely
talk
about
it
on
this
show
as
well.
A
So
there's
been
quite
a
lot
of
suggestions
and
requests
since
we
launched
the
the
new
deadless
versions
from
the
community-
and
you
know
particularly
things
around
hardware
wallet
staking
and
some
of
these
areas.
What
are
what
are
we
doing
there?
What
can
we
share
about
the
kind
of
plans
going
forwards.
B
Yes,
so
vacuum
labs
did
their
bit
in
terms
of
what
we
had
asked
them
to
do
from
a
scoping
perspective
and
getting
the
the
ledger
and
trezor
integration
in
deadless
has
it
on
our
on
our
roadmap,
similar
to
uroy
and
edolite,
and
we
will
have
that
in
the
next
next
few
releases
and
we'll
definitely
communicate
that.
But
apart
from
that,
there
is
also
a
broader
question
around
a
hardware
wallet
support
for
stakeholder
operators
and
what
they
need
to
be
running
their
businesses
using
ledger
and
trezor.
B
And
that's
another
focus
group
that
we're
going
to
be
focused
on.
We
do
have
a
relatively
new
business
analyst.
I've
joined
the
deadliest
group
recently,
philip
and
he
will
be
helping
us
with
creating
a
focus
group
and
you
guys
will
see
a
lot
more
of
that
from
the
product
team,
monthly
focus
groups
where
we
we
talk
about
certain
features
and
get
your
feedback
into
it.
So
we'll
do
that
and
we're
going
to
build
that
in
with
the
vacuum
labs
as
well
and
and
get
something
going
there
also
more
to
come
on
that.
A
Okay,
so
that's
deadlifts,
so
in
in
summary,
a
new
deadliest
flight
is
already
out.
You
haven't
checked
that
out
and
you
you
want
to
give
it
a
try.
It's
a
main
net
wallet,
it's
a
safe
main
net
wallet,
but
nonetheless
it's
likely
to
have
a
few
a
few
more
issues
than
the
main
release
in
it.
So
if
you
want
to
check
that
out,
do
that
within
the
next
few
days,
I
think
we
should
have
the
full
the
full
deadlifts
experience,
also
coming
along
as
well
so
yeah.
That's
that's
kind
of
that
stake.
A
Pool
operator
experience
the
the
wallet
experience,
the
block
production
experience.
I
think
another
area
that
we've
obviously
had
a
lot
of
interest
in
from
the
community
is
around
the
exchange
experience.
So
I
actually
caught
up
with
the
guys
from
the
cardinal
foundation,
john
and
mel
who've
been
leading
on
that
work.
We
started
with
a
lot
of
orange.
We've
now
got
a
lot
of
green
still
a
bit
of
orange,
so
I
spoke
to
them
earlier
to
find
out
what's
happening
there.
A
C
Yeah,
so
in
the
last
month
we've
been
collaborating
with
the
exchanges
to
get
them
back
online
for
deposits
and
withdrawals
of
ada
and
of
course,
everyone's
aid
is
safe
throughout
the
whole
process.
But
if
people
want
to
delegate
using,
say
daedalus
or
yoroi
they're
going
to
have
to
be
able
to
withdraw
and
the
work's
still
ongoing,
but
we
have
made
amazing
progress.
Yes,
some
still
orange
on
that
chart,
but
we
have
the
majority
of
exchanges
fully
integrated.
Now.
A
C
Yes,
so
I
mean
it's
been
a
pretty
challenging
process
and
we've
learned
a
lot
from
from
all
of
this:
it's
not
a
it's,
not
a
trivial
thing.
What
we've
managed
to
achieve
in
the
last
while
so
and
with
that
comes
like
speed
bumps,
so
you
know:
we've
learned
that
we've
learned
a
bunch
of
things.
Each
exchange
has
its
own
way
of
doing
things.
C
They
have
their
own
exchange
system
and
with
that
brings
a
lot
of
overhead
for
us
when
we're
dealing
with
60
plus
exchanges
that
require
unique
attention
and
advice.
A
So
john,
obviously
still
a
couple
more
exchanges
to
come
on
board,
including
a
couple
of
larger
ones
what's
happening
there.
C
Yeah,
so
a
small
number
of
exchanges,
including
a
couple
large
ones,
are
still
not
back
online.
We
are
working
with
them
every
day
on
fixing
performance,
bottlenecks
issues
and
finalizing
their
upgrades.
We
recognize
that
it's
frustrating
for
both
exchanges
and
their
users.
However,
we
are
working
hand
in
hand
with
these
exchanges
to
address
this
as
well
and
just
to
reiterate
what
we
said
before.
If
your
exchange
is
still
offline
for
deposits
and
withdrawals,
your
funds
are
safe
and
it's
just
a
matter
of
time
until
they're
available
again.
A
Okay,
so
yeah,
obviously
the
primary
importance
here
is
those
initial
integrations,
but
I
think
we've
had
a
few
questions
in
the
community
about
staking
and
exchanges
as
well.
Perhaps
there's
an
update
there.
C
Yes,
so
I
mean
at
the
moment
our
primary
focus
is
to
get
the
exchanges
back
up
and
running
with
deposits
and
withdrawals
of
ada,
and
we
are
talking
to
a
number
of
exchanges
and
we
will.
We
will
be
even
more
so
going
forward.
But
for
now
our
number
one
priority
really
is
get
all
the
exchanges
back
in
the
green.
A
Okay,
well,
look
people
want
to
follow
the
progress
from
orange
to
green
and
there's
been
great
progress
this
month,
then,
we've
obviously
got
a
dedicated
page
that
people
can
access
and
I
think
we'll
put
the
link
up
for
everybody
to
look
at
now.
But
of
course,
we
do
recommend
if
people
are
still
having
issues
do
drop
a
a
support
ticket
to
your
own
exchange
and
also
to
us
and
then
hopefully
between
us.
We
can.
We
can
mop
up
those
last
stragglers,
guys
thanks
very
much
for
all
your
work
and
thanks
for
joining
us
today.
C
B
So
I'm
about
to
catch
up
with
door
on
what's
going
on
with
project
catalyst,
as
we
just
launched
fund
one
a
few
weeks
ago,
so
you'll
see
a
clip
here
in
a
second
and
for
those
of
you
that
don't
remember,
project
catalyst
is
a
portion
of
voltaire.
That's
around
decentralized
governance,
but
taking
the
stance
more
of
an
experimentation
approach.
So
we
have
an
app.
We
have
funding.
How
do
people
propose?
How
do
people
vote?
B
What
are
the
logistics
around
that?
How
do
we
create
involvement?
And
how
do
we
create
decentralization
around
the
governance,
the
chain
so
really
important,
stuff?
It's
an
exciting
project
and
more
to
come.
So
here's
a
check
out
a
video
from
from
the
fund
one
launch
a
few
weeks
ago.
D
D
It
didn't
start
from
the
company
executives
or
someone
at
the
top.
It
started
from
the
bottom
from
from
an
engineer
that
that
made
it
that
made
a
proposal,
and
then
it
became
this
like
hugely
successful
initiative.
D
You
can
look
at,
for
example,
netflix.
They
decided
to
improve
their
recommendation
algorithm
by
asking
the
global
community
for
a
solution.
D
And
then
you
have
these
big
inspirational
projects
that
you
know
that
have
such
a
fundamental
piece
in
our
lives
that
that
were
created
basically
by
them
up.
Linux
is
open
source
and
thousands
of
contributors
that
managed
to
overcome
the
microsoft
monopoly,
bitcoin,
of
course
wikipedia
and
and
then
you
have
those
these
companies
that
were
just
recently
funded
and
created
in
the
last
few
years
and
are
growing
at
the
huge
exponential
rates
patreon
kickstarter
gofundme.
You
know
just
like
a
tip
of
the
iceberg.
D
But
these
models,
not
so
if
these
models
are
so
great,
why
are
we
not
taking
over
already?
Why
isn't
this
like
the
default
mode
of
operation
and
so
basically
like
in
this
cycle?
Okay,
so
so
from
good
proposals,
good
decisions,
good
execution
really
and
and
then
leading
to
a
a
return
on
investment,
a
treasury
return
investment,
and
I
think
here
we
I
just
want
to
precise
that
you
know
return
of
investment
is
a
bit
of
a
loaded
term.
D
You
know
because
it's
being
used
in
commercial
companies,
but
you
know
it's
it's
actually
up
for
us
to
decide
what
the
return
is.
You
know
it's
as
for
decide
to
set
the
goal
posts,
and
you
know
that's
necessarily
necessarily
have
to
mean
more
money,
all
right,
just
to
be
clear
and
but
each
one
of
these
processes
have
been
inhibited
so
for
innovation,
with
crowd,
innovation
and
and
asking
asking
crowds
communities
for
proposals.
D
The
leading
paradigm
is
called
cuffed
like
we
can
define
it
as
cost
innovation.
So
small
incremental
problems
like
like
the
netflix
algorithm
right,
like
optimize,
an
algorithm
by
a
few
percentage
here,
and
there
offer
a
new
model
for
shu.
You
know
like
so
people
have
not
been
really
used
to
the
to
the
to
the
best
of
their
potential
and
because
of
these
methodologies
that
are
used,
then
you
have
the
with
decision
making
with
these
crowdsourcing
models.
D
You
know
the
crowds
only
made
the
proposals,
but
you
know
the
decision
about
what's
going
to
get
executed
and
done
is
led
to
a
very
small
group
of
executives
that
are
already
busy
with
doing
other
important
stuff.
So
this
always
becomes
a
bottleneck.
So
you
end
up
with
thousands
of
proposals,
but
then
nobody
to
actually
evaluate
and
decide
and
fund
them
then,
on
the
third
part,
the
part
of
the
execution.
D
You
know
once
this
once
this
proposes,
even
if
you
decide
on
and
then
then
you
need
to
execute
on
them.
But
then
you
know
existing
company
employees.
You
know
they
have
their
own
set
of
priorities
and
they're
already
busy
doing
other
things
and
it's
very
hard
to
get
them
to
actually
execute
on
things
that
come
from
the
outside
and
then.
Lastly,
lack
of
incentives.
D
So
there's
there's
this
concept
that
that
you
know
people
you
can
get
people
to
work
for
you
for
free
or
or
for
a
trophy
or
for
a
badge
or
or
you
know,
without
giving
them
like
really
proper
incentives,
and
so
all
of
this
has
been
really
inhibiting
the
the
potential
of
of
this
bottom
up
model
and
here
in
in
in
in
the
catalyst
project
in
the
fund
project,
we're
trying
to
resolve
all
these
issues
in
a
systematic
way.
So
with
innovation,
it's
about
uncuffed
innovation.
It's
about
us
not
only
solving.
D
You
know
moving
not
solving
tactical
problems,
but
solving
strategic
problems
and
not
solving
incremental
problems
in
an
incremental
way,
but
solving
hard
wicked
complicated
problems
never
been
solved
before
or
tried
many
times
and
failed,
and
that
can
can
lead
to
solutions
that
are
a
level
of
magnitude
or
more
than
existing
existing
solutions.
So
it's
uncuffed.
B
D
Yeah
sure
I'm
happy
to
so
fun
one
is
it's
going
really
well
and
we
had
50
participants
and
they
submitted.
We
started
two
weeks
ago.
D
They
already
submitted
57
proposals,
made
669
comments
and
made
over
made
161
refinement
suggestion,
so
refinement
suggestions
is
basically
they
reviewed
a
proposal
and
offered
ways
that
it
can
be
become
more
impactful
and
more
effective,
and
we
are
always
also
seeing
like
a
lot
of
these
like
emerging
patterns
of
of
collaboration.
So
we
had
at
least
five
individuals
who
are
merging
their
proposals
into
kind
of
like
two
bigger
proposals.
D
So
you
really
see
a
process
where,
where
there's
this,
like
you
know,
people
are
inspiring
each
other
and
starting
to
collaborate
and
work
together,
even
though
you
know
before
these
fans
started,
they
didn't
even
know
each
other
and
didn't
know
each
other's
faces
and
now
they're
doing
projects
together.
We
had
so
far.
We
had
three
kind
of
town
halls
for
the
community
and
every
time
we
have
something
like
between
30
to
40
participants
and
it's
a
very
lively
and
interesting
conversation.
B
Yeah
we
have
a
great
community,
don't
we
that's
that's
one
thing
that
really
helps
out
project
catalyst
for
sure,
but
what
about
the?
What
about
the
innovation
platform?
How's
that
how's,
that
being
taken
by
the
community.
D
So
so
far
pretty
well,
I
think
there
was
obviously
the
first
first
iteration
there
was
like
there
was
like
a
lot
of
rough
edges
to
to
fix
and
improve,
but
I
think
we
we
have
done
so
and
we
see
well
all
these
numbers.
I
see,
I
I
told
you
it's
all
happening
in
the
in
the
platform
so
they're
adopting
it
they're
they're,
loving
it.
They,
I
think,
obviously
there's
like
a
large
volume
of
you
know.
I
think,
because
people
care
so
much
and
they're
so
involved.
D
There's
like,
of
course,
like
a
constant
stream
of
proposals
to
to
improve
it
and
feedback,
because
there's
like
many
ways
to
to
feed
that,
and
actually
in
order
to
address
all
these
all
these,
the
stream
of
requests,
we've
like
really
implemented
quite
a
lot
of
mechanisms
for
for
feedback
and
even
added
to
the
innovation
platform.
A
new
type
of
challenge
like
to
improve
the
catalyst
process
itself.
D
So
now
people
can
in
a
structured
way,
can
identify
problems
in
the
in
the
process
and
ways
to
improve
it
and
and
actually
discuss
it
and
prioritize
it
together
and
yeah.
I
would
say
you
know,
I
think
we
we
learned
we're
learning
like
so
much
in
such
a
rapid
pace,
and
you
know
so
I
think
beyond.
Just
like
you
know,
starting
to
realize
the
potential
of
the
community
and
what
a
great
you
know,
collaboration
collaborators
they
are
and
and
and
how
fast
they
kind
of
like
iterate
and
improve
on
the
proposals.
D
You
know
we're
discovering
it
it's
it's
like
also
fun,
you
know,
that's
like
the
process
is
fun
and
and
enjoyable
and
people
are
learning
new
things,
especially
me.
I
guess,
and
also
you
know,
we
we
learn
how
much
because
governance
is
such
a
big
topic
and-
and
it
goes
right
to
like,
become
like
the
core
of
our
souls
right
of
like
us,
wanting
to
to
control
and
us
wanting
to
be
to
have
our
voices
heard.
D
So
so
you
know
so
so
we
need
to
separate
between
the
like
that.
Actually
solving
the
big
challenge
right,
like
helping
the
helping
the
cardano
ecosystem
thrive
and
evolve
versus,
let's
say
like
meta
discussions
about
improving
the
governance
and
the
process.
D
Another
big
thing
we've
learned
is
how
much
having
actually
a
documentation
kind
of
a
knowledge
base
of
the
process
and
all
the
government's
parameters
is
really
really
important,
because
it's
really
easy
to
to
misinterpret
and
and
of
course
you
know
this-
this
process
has
many
stages
and
while
we
try
to
make
it
as
simple
and
intuitive
as
possible
as
possible,
there's
you
know
it's.
It's
almost
unavoidable,
there's
misinterpretation,
so
we
you
know,
so
we
provide
a
source
so
for
fun
too.
We
will
provide
a
documented
source
of
truth
around.
D
B
A
really
good
key
takeaway
right
making
sure
that
people
understand
what
they're
proposing,
how
they
vote
and
the
documentation
around
it
and
speaking
of
fun
too
right.
So
that's
the
next
big
thing
on
our
on
our
roadmap
here
so
fun,
one
there's!
No
real
value
in
terms
of
what
you're
playing
with
in
terms
of
ada,
so
fun
two
is
going
to
be
a
little
different
right,
dor.
So,
let's,
why
don't
we
tell
the
community
a
little
bit
about
that.
D
Yeah,
so
that's
like
the
the
next
big
leap
from
moving
from
a
basically
a
simulation
of
like
simulating
we're
controlling
a
quarter
million
dollars
worth
of
ada
to
actually
controlling
a
quarter
million
dollars
worth
of
ada
great,
so
there's
gonna
be
there's
gonna,
be
so
real
aida
for
for
proposers
to
be
rewarded
to
be
distributed,
and
also
a
part
of
a
part
of
it.
D
So
I
mean
you
know
going
up
from
60
50
participants
to
you
know
maybe
10
times
I
mean.
Who
knows
who
knows
how
many,
how
how
like
10x,
maybe
even
100x
of
participants,
is
gonna.
We're
going
to
face
a
lot
like
as
a
team.
We're
going
to
face
a
lot
of
interesting
new
challenges
around
scale
around
managing
the
flow
of
information,
keeping
people
informed,
but
not
overwhelmed.
D
So
it's
going
to
be
a
growth
process
both
for
catalyst
projects
and,
I
think
also
for
the
community
members
are
all
going
to
start
to
learn.
How
do
we?
How
do
we,
actually,
you
know,
make
the
most
out
of
this
process
to
really
produce
a
collective
intelligence,
so
good,
innovative
proposals
and
also
make
good
decisions
in
the
end
and
also
implement
these
decisions.
B
You
know
that's
the
best
part
of
our
job,
isn't
it
or
continuous
improvement,
and,
yes,
it
seems
daunting
when
you
think
about
the
scale
that
we're
we're
going
from
fun,
one
to
fun,
two
but
incredibly,
exciting
for
us
as
product
people
to
see
how
how
this
is
going
to
work.
And
speaking
of
that,
when
do
we.
When
do
we
start
to
dabble
into
this
excitement?
What
are
we
thinking
in
terms
of
a
day
date.
D
D
We
got
from
the
found
one
group,
and
I
would
expect
it
to
happen-
I
would
say
probably
around
mid-september
yeah
and
yeah
and
then
and
then
we're
going
to
and
then
we're
going
to
declare
the
challenge
and
and
the
entire
community
can
can
come
join
log
in
into
id
scale
start
start
to
make
proposals
start
to
discuss
the
challenge
start
to
collaborate.
B
Thank
you
dory.
I
appreciate
that
appreciate
for
you
for
joining
us
on
the
show
and
going
through
that
so
really
exciting
times,
as
we
know
little
scary,
but
exciting
times
when
it
comes
to
catalyst.
But
it's
a
learning
curve
for
us
in
this
process
of
getting
towards
decentralized
governance.
Shelly
is
getting
us
decentralized
operations.
B
Voltaire
is
really
about
governance,
so
putting
this
in
at
this
stage
is
incredibly
important
and
we're
approaching
it
once
again
with
cautious,
cautious
optimism,
but
also
with
an
experimental
approach
which
lets
us
learn
a
lot
about
how
the
community
handles
governance
and
how
we
can
help
this
as
we
move
along
so
very,
very
exciting
stuff
and
looking
forward
to
more
discussions
around
fun
too
in
the
next
in
the
next
few
shows.
D
B
E
D
I
think
that
I
think
what
are
we
looking
for
is.
First
of
all,
we've
already
been
through
two
rounds,
basically
of
experiments,
so
it's
great
that
we're
starting
this
one,
the
public
one
with
already
so
much
learning
and
experience
that
we
did
and
also
another
awesome
thing
is
that
we
have
this
50
people
who
went
through
an
entire
funding
ground.
D
B
Great
point:
that's
very
similar
to
the
pioneers
on
shelley
and
that's
what
we're?
What
we're
doing?
I
absolutely
love
that
approach.
It's
a
great
point
and
thank
you,
those
fifty
50
people
that
that
did
this
with
us
and
looking
forward
to
making
this
a
success
for
the
rest
of
the
general
community
population.
D
A
You
so
aparna
we've
talked
about
shelley,
we've
talked
about
voltaire.
I
guess
it's
time
to
talk
about
gogan,
one
of
the
questions
out
there.
Of
course,
as
ever
we
were
expecting
it
wen
gogan.
So
are
we
able
to
talk
about
when
gogan?
I
know
we
we
talked
about
when
gogan
back
at
the
summit
are
we
are
we
still
on
track?
Is
the
road
map
still
looking
good.
B
B
Right,
but
no
so
gogan's,
yes,
we're
working
towards
the
the
timelines
that
we
talked
about,
that
nebosha
talked
about
in
the
virtual
summit
a
few
months
ago
and
that's
on
track
and
what
we're
doing
there
is
actually
looking
at
it
in
phases
and
a
rollout
strategy.
So
actually
I'd
like
to
share
that
with
you,
we
we
just
updated
this.
This.
A
B
A
B
Sure
I
mean
this
is
very
similar
to
what
we
showed
that
michael
payton
jones
and
ebb
showed
at
the
virtual
summit,
so
for
anybody
that
wants
more
information
and
deep
dive
into
some
of
these
pluto's
foundation.
What
the
application
framework
is
and
what
token
tokenization
multi-asset
ledgers
are.
Please
check
that
out
on
the
on
the
playlist
and
you
get
a
lot
more
information
there
as
well.
But
for
my
end
I
mean
this
phasing
approach
gives
us
the
ability
to
roll
out
and
and
test
with
a
early
adopter
developer.
B
That's
going
to
come
in
and
help
us
with
this,
because
the
user
experience
is
not
going
to
be
right
up
front
right
with
any
sort
of
a
big
big
release
like
this,
especially
with
a
smart
contract
platform,
the
same
approach
of
trying
to
get
it
right.
So
we
want
to
be
able
to
have
people
generate
native
tokens
and
that's
why
the
multi-asset
ledger
is
coming
up
first
on
the
foundation
piece
and
that's
going
to
be
a
part
of
the
test
net
and
then
the
extended
utxo
piece
as
well.
B
So
we're
going
to
first
do
that
in
a
phased
approach.
With
a
few
select
column,
early
adopters,
but
developers
that
are
are
not
afraid
of
cli
and
a
little
less
ux
they're
going
to
help
us
with
benchmarking
and
performance
testing
and
speed
of
transactions
cost
of
transactions.
I
mean
there's
a
lot
of
work
that
we
need
to
do
on.
Measuring
these
things
as
well.
You
know
we
have
all
the
research
we
have
the
specs,
but
putting
it
in
real
world
situations
is
a
part
of
part
of
the
product
development
process.
So
that's
what
that
phase?
B
One
is
phase
two.
We
take
that
and
we're
now
extending
it
a
little
bit
more
we're
starting
to
learn
more
about
the
application
framework
and
the
developer
tools
that
need
to
be
brought
in
so
now
we
can
invite
a
broader
set
of
developers
to
come
in
and
play
with
the
test
net,
and
all
of
this
of
course
lends
itself
towards
what
we're
going
to
be
putting
on
the
main
net
as
an
mvp
and
subsequent
rollouts.
B
So
that's
what
you
somewhat
see
in
in
the
slides
is
really
around
when
the
developer
tools
come
into
play
when
the
different
test
sets
are
going
to
get
released.
What
are
we
doing
in
terms
of
alpha
beta
and
what
I'm
not
showing
here
is
there's
an
engagement
strategy
that
goes
with
this,
which
means
how
do
we
document?
How
do
we
onboard
what
is
the
experience
from
a
developer
standpoint
from
a
user
standpoint?
B
What
sort
of
commercial
applications
and
partnerships
do
we
want
to
work
with,
so
they
can
start
testing
our
frameworks
themselves
and
seeing
what
can
be
built
from
a
use
case
perspective.
So
there's
a
lot
of
complexity.
That's
going
on
behind
the
scenes
here.
I
just
wanted
to
share
some
of
the
product
management
philosophies
with
the
community
right
now,.
A
And
so
a
lot
of
these
components
as
it
were,
I
mean
this
work
has
been
going
on
in
parallel
with
everything
else
over
the
past
year
year
and
a
half
really,
but
obviously,
integration
is
an
important
part
of
that,
and
I
understand,
we've
still
got
a
few
people
to
kind
of
talk
to
about
the
actual
integration
work,
but
we're
broadly
speaking
again.
The
next
two
or
three
quarters
for
this
work
is
that
still
what
these
phases
broadly
mean.
B
Yes,
so
would
think
q
q,
3
q
4
q
1
of
next
year
right
so
broadly
speaking,
those
are
that
that's
the
same,
the
same
time
frame
that
the
community's
seen
at
the
virtual
summit.
A
Okay,
great
thanks,
so
I
guess
also
part
of
this
is:
is
the
commercialization
strategy.
We've
got
new
test
nets
to
build
new
websites
to
build
new
pages
to
create,
and
I
think
you've,
you've
ramped
up
your
team
a
little
bit
to
support
that
as
well.
B
That
is
correct,
and
you
know
just
I
guess
I'll
give
you
guys
a
little
peek
under
product
management
and
what
goes
on
so
there
are
a
few
deliverables
you.
This
is
one
of
them.
So
what
you're
seeing
is
a
rollout
plan,
but
there's
a
roadmap
that
underlies
it.
That's
pretty
detailed
right,
so
roadmap
use
cases.
What
is
the
acceptance
criteria
for
those
use
cases
who
are
they
for
it's?
The
most
important
thing
is
being
ruthless
about
prioritizing
the
user.
Who
is
who's
going
to
be
using
this
and
why
that
sort
of
research?
B
Apart
from
that
an
engagement
strategy-
and
apart
from
that,
we
have
to
we
do
competitive
analysis.
We
do
market
analysis
and
we
do
commercial
analysis
as
well
and
in
order
to
support
all
of
this,
it's
not
just
one
product
manager.
We
have
divided
it
up
into
the
most
optimal
way
to
be
able
to
get
us
the
information
that
we
need
to
launch
this
product
in
the
manner
that
you're
seeing
on
the
screen,
and
that
is
why
I've
got
two
new
product
people
on
board,
one
specifically
for
domain
specific
languages,
marlow
being
one
of
them.
B
The
the
you
check
out
simon
thompson's
speech
at
the
virtual
summit.
You
get
to
know
a
lot
about
marlow
shirt.
These
come
in
and
joined
us
recently
to
help
with
that
effort
and
also
take
a
look
at
other
domain.
Specific
languages
that'll
be
of
interest
to
the
market,
and
then
we
also
have
which
I'm
very
excited
about
as
well.
Is
the
product
ux
piece
so,
like
I
said,
being
ruthless
about
that
user
experience?
B
Well,
that's
what
mike
does
so
he's
coming
in
and
bringing
us
a
fresh
perspective
on
how
people
interact
and
consume
these
applications
so
that
we
can
build
it
right
up
from
the
start,
how
users
interact
with
the
products,
because
it's
great
to
have
a
technically
sound
product.
That
sounds
really
cool,
but
if
no
one
can
use
it.
You've
got
a
problem
and
we
recognize
that
we
need
to
beef
up
our
team
in
that
regards,
and
that's
that's
what
mike
does.
A
I
think
we
we
asked
the
guys
to
say
hello,
didn't
we.
C
Hello,
humans
of
the
cardana
community,
I'm
sure
the
apia
product
manager
for
marlow.
Let
me
tell
you
a
little
bit
about
myself,
so
I
have
been
in
the
blockchain
industry
for
a
little
over
five
years
now,
initially,
I
was
contributing
to
therian,
while
working
with
consensus
where
and
I
helped
develop
and
found
their
venture
studio,
consensus
labs,
and
then
I
worked
with
octa
when
I
founded
and
led
the
decentralized
identity
strategy,
while
heavily
advocating
for
blockchain,
but
by
far
the
most
interesting
and
novel
contribution
that
I've
made
in
this
space
is
with
cryptoeconomics.
C
So
I
went
ahead
and
I
built
economic
simulations
using
asian
based
models
to
validate
if
these
economic
systems
actually
do
produce
desired,
behavior
and
do
produce
desired
results,
so
at
ihd
I'll,
be
defining
the
product
strategy
for
marlow.
Marlow
is
a
domain
specific
language
that
is
used
to
express
smart
contracts
for
finance,
and
we
also
offer
a
visual
plug-and-play
solution,
which
you
can
use
to
essentially
bring
out
components
using
a
modular
plug-and-play
system
and
also
simulate
your
smart
contracts.
C
C
F
I'd
like
to
introduce
myself,
my
name
is
mike
and
I'm
user
experience
designer.
I
background
is
entirely
in
design
website
design.
It's
been
my
whole
career,
mostly
it's
been
consumer
facing
websites
and
products,
and
I've
worked
all
over
the
well
all
over
the
united
kingdom
and
worked
at
places
like
the
uk
government
and
I
work
for
microsoft
and
some
other
very
big
names.
F
So
it's
quite
it's
quite
crazy
at
iohk,
first
project,
I'm
going
to
work
on
by
the
way
I've
just
joined
in
july
is
the
marlow
playground,
which
is
a
as
an
online
development
environment
for
smart
contracts
for
actually
easy
development
of
smart
contracts
using
a
language
that's
developed
at
iohk
for
specifically
for
making
making
smart
contracts
writing
simple
and
I'm
working
on
the
interface
design
of
that
with
a
really
a
really
good
team,
and
that
should
be
out
quite
soon
and
and
we'll
we'll
be
using
we'll
be
putting
it
out
for
user
testing
and
improvement
as
soon
as
as
soon
as
we
can.
F
I
also
am
very,
very
honored
to
be
working
with
the
cardano
foundation
because,
because
of
its
goals
and
and
values
and
expectations
are,
are
so
great
and
it's
a
it's
a
non-commercial
humanistic
you
know
place
and
it
really
suits
suits
me
to
to
be
working
with
some
place
like
that.
It's
it's
a
it's
a
breath
of
fresh
air
about
me.
Well,
I
was
I'm
from
detroit
in
the
united
states.
F
A
Okay,
thanks,
shruti
and
and
mike,
and
welcome
to
the
team,
okay,
so
gogan.
Obviously
it's
a
new
commercialized
era
with
pluto's
and
marlow
and
a
host
of
new
developer
relationships
to
form.
I
thought
it
would
also
be
good
for
everybody
to
meet
jerry
fragascardos,
who
hasn't
already
met
him
via
the
virtual
summit,
who
leads
our
commercial
team
because
obviously
io
has
been
doing
a
lot
of
work
over
the
past
year
or
so
also
on
the
commercialization
side.
A
So
I
shot
a
clip
earlier
with
jerry
to
hear
a
little
bit
more
about
what
his
team
has
been
up
to
and
what
they're
going
to
be
doing
going
forwards.
A
So
jerry
thanks
very
much
for
joining
us
on
the
show
today.
Now
perhaps
before
we
kick
off,
maybe
you
just
want
to
give
people
an
introduction.
Some
of
you
may
have
seen
your
summit
presentations,
of
course,
but
for
those
who
haven't
perhaps
just
tell
us
a
little
bit
about
yourself.
E
Sure,
thank
you
tim,
so
my
name
is
jerry
fragiscatos.
I
was
born
and
raised
in
montreal,
canada.
I'm
an
engineer
by
training.
I
went
to
an
engineering
school
at
mcgill
university
and
I've
spent
the
last
20
years
in
the
it
industry.
Broadly
speaking,
in
large
scale,
I.t
transformation.
I've
worked
in
many
locations
around
the
world.
A
big
part
of
my
time
was
in
was
in
europe
based
out
of
paris,
france.
I
worked
for
a
big
systems,
integrator
called
csc
and
then
right
before
joining
iog.
E
I
worked
for
dell
technologies
and
I've
really
kind
of
seen
all
the
big
waves
of
our
industry
right,
starting
just
at
the
tail
end
of
the
mainframe
revolution,
and
then
it
went
to
client
server
and
then
right
before
moving
to
iog.
It
was
all
about
mobile
applications
and
cloud
and
I'm
really
excited
to
be
joining
to
have
joined
iog.
I've
been
working
for
iog
since
november
of
last
year
as
chief
commercial
officer
and
it's
it's
been
a
real
real
privilege.
E
E
Right,
so
this
is
one
of
the
key
selling
points
for
me.
You
know
having
been
in
the
corporate
world
for
over
20
years
hearing
the
mission
of
iog
was
really
the
deciding
factor
for
me,
and
the
mission
is
clear:
if
we're
to
crystallize
it
in
a
few
concepts,
it's
about
providing
economic
identity
to
all.
E
Well,
you
really
have
to
start
from
the
from
the
user
standpoint,
so
who
are
the
people
that
would
benefit
the
most
from
this?
So
obviously
the
areas
we're
looking
at
are
in
the
developing
countries
to
start
with
to
get
to
get
these
people
access
to
these
types
of
technologies,
but
also
working
with
established
economies
as
well
as
well.
E
So
this
is
why
we're
in
africa,
the
country
of
georgia
and
mongolia,
with
a
growing
presence
in
latin
america
and
furthermore,
we
partner
with
people
in
the
first
world
that
are
seeking
to
make
the
changes
to
a
lot
of
the
transformation
that
we're
trying
to
make
as
well.
And
so
this
is
why
we're
partnering
with
states
like
wyoming
and
the
european
union
through
programs
like
the
horizon
2020
program
among
many
others.
A
E
E
So
these
this
is
a
suite
of
products
right
which
include
a
talent
prism
for
decentralized
identity
which
we're
currently
using
for
credential
verifications
in
the
in
a
university
in
georgia
in
the
country
of
georgia,
we'll
be
hearing
soon
from
our
interview
with
the
cto
of
beefchain
we're
leveraging
a
talent
trace
for
beefchain,
which
empowers
ranchers
so
again,
once
again,
giving
the
economic
power
to
the
people
producing
that
power
and
taking
it
away
from
the
more
centralized
entities
that
you
know,
don't
produce
a
lot
of
value
but
extract
inordinate
value
from
the
system.
E
So
we're
trying
to
balance
that
out
and
finally
atalascan,
which
is
our
anti-counterfeiting
solution,
which
was
started
with
our
our
new
balance.
Real
chain
solution
and
our
pipeline
of
opportunities
continues
to
expand
and
you'll
be
hearing
more
and
more
from
us
in
the
near
future.
But
I'd
like
to
express
an
important
point.
It's
not
just
about
enterprise
and
government,
we're
also
seeking
to
provide
services
to
the
cardinal
community
and
I'd
love
to
start
hearing
more
and
talking
more
to
the
community
about
what
services
they'd
like
to
see
from
iog.
E
At
the
virtual
conference,
there
was
the
announcement
of
a
of
a
launch
of
project
atlas
which
is
cardinals
explorer
product.
This
is
going
to
be
our
storefront
right.
This
is
where
we
seek
to
provide
these
community
services
and
you'll
be
hearing
more
and
more
from
us
about
that,
and
you
know
drawing
your
feedback
as
to
how
best
to
serve
the
community.
A
Now
one
of
the
other
partnerships
that
we
announced
fairly
recently
was
with
beefchain,
of
course,
and
you
very
kindly
got
phil
schlump
on
the
line.
So
perhaps
let's
go
to
that
interview.
You
recorded
for
us
right
now.
E
Today,
we're
going
to
be
talking
to
philip
schlump
cto
of
beefchain,
a
key
commercial
partner
of
iohk
leveraging
our
italian
suite
of
products
in
this
case
italia,
trace.
We
are
building
solutions
that
empower
ranchers
and
helps
tackle
issues
of
food
security
and
with
the
broader
beef
chain
supply
chain.
E
This
speaks
to
two
key
aspects
of
our
mission:
providing
economic
identity
to
the
ranchers
and
decreasing
commercial
friction
across
the
supply
chain
to
the
benefit
of
all
phil.
Why
don't
you
give
us
a
bit
of
background
about
yourself
and
from
your
point
of
view,
how
this
partnership
between
iohk
and
beefchain
came
to
be.
G
Yeah
a
little
bit
of
background
about
myself
and
I've
been
doing
software
development
for
about
30
years.
I
built
a
successful
venture,
funded
startup,
a
product
company
and
sold
it
and
actually
like,
took
five
years
off
on
a
sailboat
and
went
and
was
a
bum
for
a
while,
and
then
I
came
back
here
to
wyoming
and
one
of
those
critical
needs
that
is
in
wyoming.
G
G
I
mean
it's
a
70
billion
dollar
industry
in
which
ranchers,
basically
don't
make
money,
and
we
had
some
initial
attempts
where
we
looked
at
doing
this
on
some
other
chains
where
it
was
cost
prohibitive
and
couldn't
be
done,
and
I
o
hk's
chain
makes
this
a
financial
reality
in
a
performance
reality.
G
So
coming
to
your
blockchain
and
doing
it
with
your
tools
is
actually
a
viable
way
of
making
this
into
a
successful
thing
where
we
can
track
beef
and
turn
it
into
something
where,
from
the
rancher,
all
the
way
to
the
end
product
that
a
person
can
see.
You
know
if
the
claim
is
made
that
this
is
environmentally
friendly
beef,
that
it
really
is
not,
oh,
maybe
maybe
not,
it'll,
actually
work.
So
that's
kind
of
why
this
was
swarmed
and
why
we
came
to
ioh
gay.
E
G
G
What
the
commitments
are
that
were
made
on
that
beef
and
track
their
individual
steak,
and
I
think
those
are
hugely
important
things,
but,
along
with
that
tracking
process,
there
is
the
ability
to
deal
with
food
safety
issues
and
the
data
itself
has
in
it
the
information
that
we
need
to
be
able
to
meet
the
food
safety
information
that
you
would
want
to
have,
and
recently
there
was
a
recall
across
34
states
for
what
turns
out
now.
Look
like
two
bad
cases
of
lettuce.
G
They
are,
I'm
sorry,
not
lettuce,
onions
and
they
destroyed
onions
in
34
states
and
six
provinces
across
canada
because
of
two
bad
cases
of
onions.
Now
you'd
like
to
be
able
to
track
this
and
track
it
in
a
timely
enough
fashion
that
you
can
get
good
results
out
of
this
and
actually
find
out
where
the
problem
is
and
isolate
it
and
fix
it
as
opposed
to
oh,
it's,
six
million
pounds
of
beef
gone
type
of
a
thing.
E
Great
phil,
thank
you
so
much,
that's
all
the
time
we
have.
It's
always
great
talking
to
you
for
those
who
didn't
get
a
chance.
If
you
want
to
hear
more
about
beefchain,
there
are
links
to
the
virtual
conference
that
you
can
look
at.
We
also
recently
did
an
interview
with
financial
fox.
If
you
go
on
youtube.
Financial,
fox
and
beefchain
and
search
for
both
you'll
get
a
more
in-depth,
a
more
dip,
in-depth
interview
about
beefchain
and
phil.
G
E
A
Okay,
well,
that
was
phil
schlemm
from
beefchain
one
of
the
new
partnerships
that
iog
has
recently
announced
so
jerry,
let's
just
finish
off
here,
one
of
the
other
areas.
Obviously,
there's
a
lot
of
interest
in
the
space
at
the
moment
is
around
decentralized
finance,
which
obviously
plays
deeply
to
the
mission
that
you
outlined
earlier.
What
can
you
tell
us
a
little
bit
about
some
of
the
work
in
d5
that
you're
looking
at
at
the
moment.
E
So
we
have
started
to
look
at
things
like
as
like
stable
coins
and
payment
solutions
and
for
and
so
forth,
and
we're
working
with
key
partners
like
wave,
which
you
also
would
have
seen
at
the
virtual
conference
that
announced
the
c
fund.
This
is
a
fund.
That's
looking
to
fund
early
stage
startups,
to
provide
them
seed
funding
to
develop
their
solutions
on
the
cardano
platform.
So
this
is,
you
know
I
would
say
this
is
probably
the
primary
focus
of
the
commercial
team
leading
towards
the
end
of
2020
into
early
2021.
A
E
Yes,
there
is
thank
you
for
that,
so,
as
you
mentioned
before,
in
the
future,
you'll
be
hearing
more
and
more
about
the
opportunities
that
we
have
we'll
be
showcasing
more
of
our
global
commercial
team
and
on
the
progress
on
these
opportunities.
And
if
you'd
like
to
learn
more,
you
can
visit
cardona.org,
there's
iohk.io,
there's
a
tale
of
prison.io
or
you
can
simply
drop
me.
An
email
at
business.development.iohk.io.
A
A
Okay,
so
lots
more
happening
there
on
the
the
commercial
front,
so
we'll
be
sure
to
bringing
jerry
back
on
from
time
to
time
to
give
us
those
those
updates
as
we
go
forwards.
So
I
think
that's
about
it.
For
this
month
really
aparna,
we've,
obviously
skimmed
over
the
top
of
a
lot
of
stuff.
We've
got
a
lot
deeper
to
go
particularly
into
gogan.
We
can
talk
more
about
catalyst,
so
I
think
we'll
have
to
wait
till
next
month
for
them,
but
any
final
words
from
you
before
we
depart.