►
From YouTube: Cardano Monthly Update - July 2020
Description
Tune in for the latest edition of our new LIVE monthly show, where we're bringing you all the latest Cardano development news.
To participate in the conversation join our crowdcast at crowdcast.io/e/rb5ymwzk
A
So
hello,
everybody
and
welcome
to
the
july
show,
I
think,
probably
ought
to
let
you
into
a
little
secret
before
we
begin
aparna
and
I,
although
we
may
appear
to
be
coming
to
you
live
this
is
a
pre-recording.
This
month
we
figured,
we
probably
would
get
away
with
a
pre-recording.
It's
been
an
incredibly
busy
month
and
a
particularly
busy
day
yesterday.
A
So
the
time
today
is
wednesday
evening
in
the
uk
we're
just
about
to
go
into
the
hard
fought
process,
so
we're
very
excited
about
that,
but
we
wanted
to
try
and
make
sure
we
could
capture
this
show
and
come
and
share
the
latest
news
with
you,
the
rest
of
the
community
on
thursday
end
of
the
month
as
usual,
so
partner
welcome.
How
are
you.
A
But
look
another
little
secret,
although
this
section
is
pre-recorded
we're
actually
all
in
the
chat
we're
all
here
on
the
call
with
you
today,
the
product
team
and
a
number
of
the
other
guys
who
you'll
have
known
from
previous
shows
so
we'll
be
here.
So
please
continue
to
drop
questions
into
the
chat,
as
you
do
normally
we'll
answer
them
in
text
as
opposed
to
on
video
this
time
and
of
course,
we'll
also
have
a
few
links
for
you
during
the
course
of
the
show
as
well
we're
also
streaming
to
youtube
tonight.
A
A
So
yeah,
you
know
shelley,
let's,
let's
look
back
a
couple
of
months.
I
mean
it's,
it's
incredible
to
think
that
it
is
just
two
months
ago
that
you
and
I
and
charles
shared
with
many
of
the
people
who
were
on
this
call
tonight
that
road
map
that
road
map
which
at
the
time,
felt
so
exciting
and
in
many
ways
so
daunting,
but
we
hit
every
day
we
hit
every
day,
didn't
we
we,
we
ticked
every
box
all
the
way
along.
A
So
I
tell
you
what
why
don't
we
just
remind
ourselves
of
that
of
that
journey,
so
this
was
the
road
map
that
we
we
shared
two
months
ago
and
of
course,
the
beginning
of
the
program
was
very
much
about
bringing
those
pioneers
getting
the
pioneers
involved.
Early
people
would
work
with
closely
on
the
itn
skilled
stake,
pool
operators
who
could
help
us
set
everything
up
for
the
wider
community
and
we
hit
that
date.
A
May
the
11th
that's
when
we
kicked
things
off
there,
even
more
importantly,
we
brought
in
more
pioneers
so
that
initial
group
acted
as
mentors
and
helped.
The
next
batch
of
people
set
their
pools
up
and
start
to
move
forwards
and
start
to
build
out
the
network
and
start
to
do
all
that
critical
testing
with
a
series
of
exercises
and
tests
that
kevin
pulled
together.
That
would
really
try
and
hand
hold
people
through
that
through
that
early
stage.
A
Now,
of
course,
when
it
really
started
to
open
up
it
was
june
the
9th
when
we
started
to
open
the
test
net
up
to
the
wider
community
and
we
provided
a
force
it
as
well.
So
we
made
funds
available
for
people
to
start
trying
transactions
out
and
some
of
the
some
of
the
more
basic
shelly
level
features.
A
Out
that
was
when
people
started
to
get
the
first
taste
of
the
experience
it
was
still
quite
early
days,
but
really
from
this
point
on
this
is,
I
think,
upon
where
things
really
started
to
feel
they
accelerated
in
many
ways
it
was
also
the
most
daunting
part
of
the
journey,
because
the
hard-fought
combinator,
which
I
think
is
fast
becoming
legendary,
we've
done
a
few
internal
tests.
But
this
really
was
crunch
time
when
we
tested
it
for
real
and
we
successfully
did
that
a
number
of
times.
A
That's
I
think,
when
we
started
to
really
get
that
high
level
of
confidence
that
we
were
going
to
continue
to
hit
these
dates
and
move
forward.
But
of
course,
we
still
left
a
little
deliberate
margin
for
error
there,
just
in
case,
so
we
originally
suggested
two
potential
dates
to
drop
that
initial
shelly
code
onto
the
main
net
june,
the
30th
and
july.
The
7th-
and
you
know
what
we
hit
june
30th
so
july
7th
we
didn't
need
it,
we
didn't
need
in
the
end.
We
also
had
to
do
some
legacy
work,
so
we
had
to.
B
B
B
They
also
did
a
lot
of
simulations
of
stake,
pool
logistics
with
the
different
parameters,
just
to
see
how
things
would
work
out
from
a
treasury
or
rewards
or
pledge
amounts,
and
so
on
and
so
forth,
and
then
don't
forget
documentation.
I
mean
there's
always
documentation
and
onboarding
and
what
we
were
doing
there
for
it
and
at
the
end
of
the
day,
we
couldn't
have
done
it
without
the
community.
B
We're
so
excited
to
be
launching
at
this
point-
and
I
know
kevin's
been
in
the
forefront
of
all
of
this-
he's-
been
writing
the
exercises
working
with
our
team
in
the
background
to
ensure
that
everything
went
smoothly
and
has
been
the
face
really
on
telegram.
You
know
helping
people
along
and
helping
our
pioneers
along
the
journey
through
all
of
this
so
tim,
we
had
a
chat
with
them.
A
C
Tim,
it's
it's
great!
It's
it's
really
exciting
we're!
Finally,
at
the
big
day
and
everybody
in
the
team
is
really
looking
forward
and
seeing
the
hard
fought
go
ahead
and
seeing
all
the
stake
pools
that
we've
been
working
with
over
the
last
months
up
and
running
people
delegating
to
those
stake,
pools
and
earning
the
rewards
of
course.
So
this
is
really
great.
It's
the
culmination
of
several
years
of
work
from
many
many
dedicated
people.
C
Yeah
we
well,
of
course,
we've
had
lots
of
challenges
to
to
deal
with
we've
been
producing
something
which
is
a
state-of-the-art
piece
of
software.
We
have
significant
security
issues
to
deal
with,
as
well
as
performance
issues,
and
what
we're
doing
here
is
to
produce
a
high
criticality
piece
of
software.
So
it's
really
been
an
incredible
and
very
very
focused
time
for
people
working
on
on
the
team.
C
I
think
your
discover
has
been
great
at
finding
possible
issues
for
us
before
we've
actually
encountered
them
live
and
then
having
got
the
functionality
up
and
running
what
we've
been
doing
is
to
look
into
improving
performance
so
that
the
system
not
only
does
what
it's
supposed
to,
but
it
also
runs
really
really
smoothly
for
the
state
pool
operators
for
the
end
users
and
fixing
up,
of
course,
any
issues
as
we've
come
across
them
and
it's
inevitable
with
a
project
like
this.
There
are
always
a
few
things
where
you
think
we
realize.
C
C
Let's
leave
it
for
the
next
hard
fork
whenever
that
happens
to
be
so,
it's
very,
very
important
in
recently,
in
the
cycle
to
say
the
code
is
frozen,
we've
got
the
node
version
that
we're
going
to
hard
fork
with,
and
since
then
we
haven't
touched
it.
We
have
been
ready
since
the
time
of
the
hard
fork
update
we're
launching
with
the
version
of
the
node
that
we
had.
Then
I
think
it's
been
incredibly
important
to
have
that
stability
in
the
last
few
days.
A
C
That's
right:
well,
we've
got
lots
of
teams
who
are
coming
together
there
in
total
there's
something
like
seven
or
eight
components
that
make
up
the
cardano
ecosystem
even
within
a
single
component
within
the
node.
For
example,
are
we
have
a
ledger
team?
We
have
a
consensus
team.
We
have
a
networking
team,
we
have
a
monitoring
team
and
I've
probably
forgotten
two
or
three
other
teams
as
well,
so
getting
all
that
to
work
together.
C
Getting
all
these
components
to
work
together,
making
sure
the
protocols
are
right,
but
there
is
no
possibility
that
of
any
ada
going
missing
anywhere
in
the
entire
system,
making
sure
that
we've
integrated
with
state-of-the-art
crypt,
cryptography
and
other
technologies
to
keep
people's
ada
secure.
It's
an
incredibly
complex
piece
of
engineering-
that's
been
put
together
here
so
great
credit
to
the
team
for
doing
that,
and
for
doing
it
so
quickly.
To
be
honest,
it's
not
that
long.
Since
we
released
byron
right,
the
byron,
reboot.
C
The
state
pool
community
have
been
incredible.
We've
been
working
very
closely
with
the
state
pool
operators.
They've
been
feeding
issues
into
us
as
they
found
them.
They've
made
some
fantastic
suggestions
for
improvements
for
feature
requests.
We
haven't
been
able
to
put
all
those
in
just
yet
we
probably
takes
another
month
or
so
to
be
honest,
they've
made
so
many
good
good
suggestions,
but
we're
going
we're
not
going
to
be
idle
for
a
while
tim
in
catching
up
on
that,
but
we
will
do
our
best
to
get
through
them.
A
C
So
as
soon
as
the
hard
fork
begins
we'll
be
in
shelley
era,
epoch,
sorry
shelley,
epoch,
zero
and
at
that
point
stake
pools
will
be
able
to
register
this.
This
can
happen
immediately
after
the
hard
fork.
So
it's
not
a
matter
of
the
hard
fork
happens
and
you've
got
to
wait
a
bit
to
be
able
to
participate.
C
No
right
from
the
get-go
right
from
the
very
second
after
the
half
fork
has
completed.
State
pools
will
be
able
to
get
their
registrations
in
I
I
know
a
lot
of
staple
operators
are
busy
sorting
things
out
right
now.
So
as
soon
as
the
hard
fork
happens,
they're
ready
to
roll
and
once
state
pools
have
registered
and
staples
appeared
on
chain.
C
Then
users
can
delegate,
and
that
can
happen
right
from
the
very
start,
right
from
the
very
f
first
pool
being
registered
or
later
on
in
the
podcast,
as
as
you
like.
So
that's
epoch,
zero.
At
the
end
of
epoch,
zero,
some
thing
very
exciting
happens,
which
is
first
of
all
everybody
who
has
delegated
on
the
itn
will
be
able
to
receive
their
rewards.
The
very
first
thing
that
happens
is
the
rewards
will
be
credited
to
accounts
and
immediately
afterwards
we
will
take
a
steak
snapshot.
C
I
think
I've
been
saying
to
you
10
during
the
week
I've
been
saying
snake
snap
shot.
No,
this
is
a
snake,
sorry,
a
steak
snapshot
that
will
happen,
and
that
is
what's
going
to
propel
the
production
of
blocks
going
forward,
but
during
epoch
1
no
no
pools
will
be
producing
blocks.
We
will
be
are
waiting
for
the
delegation
from
epoch,
zero
to
take
effect.
A
And
it's
probably
also
worth
mentioning:
isn't
it
at
this
stage
that
it
takes
a
little
bit
of
time
for
the
momentum
to
build
up?
I
mean,
for
example,
in
terms
of
the
the
experience
within
deadless.
You
can't
show
historic
data
until
you've
got
a
little
bit
of
history
and
we're
effectively
starting
at
epoch
zero.
So
things
are
going
to
be
developing,
aren't
they
really
for
for
every
user
over
the
course
of
the
first
two
or
three
epics.
C
That's
right:
we
strongly
recommend
that
users
check
back
and
see
how
their
initial
delegation
choices
are
doing.
Even
within
the
same
epoch,
you
can
still
reconsider
your
delegation
choices
just
be
aware
that
it's
going
to
take
two
epochs
before
they
start
to
take
effect
again,
so
you
won't
see
an
instantaneous
change
in
the
delegation
and
the
rewards
that
you're
receiving
there'll
be
this
slight
delay.
B
He
had
said
it's
an
advanced
piece
of
work
and
yes,
we,
you
know,
we
all
know
that
we've
we've
lived
it
now
the
intensity
of
putting
this
together
for
a
couple
of
months
and
launching
it
and
we're
going
to
have
a
lot
of
opportunity
over
the
next
few
weeks
to
talk
about
this,
but
from
a
high
level.
Let's
talk
bare
bones
performance
right,
so
we're
doing
this
software
in
haskell
mission
critical
way
code
wise.
So
let's
talk
about
some
of
the
benchmarks
that
that
directionally
show
us
this
is
we
made
the
right
choice
here.
C
Yeah,
absolutely
so
so
apart,
if
people
have
been
using
daedalus
on
mainnet
already
with
the
byron
reboot,
I
think
they'll
be
very
pleasantly
surprised
by
how
fast
the
initial
startup
is.
What
should
happen
is
that
the
information
you've
already
had
on
mainnet
has
been
cached,
and
the
system
can
use
that
as
part
of
the
startup
process.
C
C
C
B
So
I
mean
what
I
want
to
give
a
shout
out
to
what
we've
been
testing,
so
there
is
parameters
right
there.
That
was
a
big
topic.
We
talked
about
that
last
month.
We
focused
on
that
a
little
bit
changing
around
the
parameters,
especially
around
d,
how
the
network
performs
how
everything
performs
stake,
pool
operators
they
were
testing.
B
C
A
We've
also
kevin.
We
we've
pushed
out
a
new
staking
calculator
today
as
well,
which
is
actually
showing
ever
slightly
higher
headline
rewards
than
the
previous
version.
So
I
imagine
this
is
going
to
be
alongside
some
of
the
kind
of
cleaning
up,
there's
probably
going
to
be
a
few
tweaks
to
parameters
and
some
of
the
values
as
well.
Are
there
over
the
next
few
months.
C
That's
right,
the
the
change,
the
check
to
the
staking
calculator
tim
that
came
about,
because
we
realized
that
the
rewards
and
treasury
return
we
were
getting
were
sensitive
to
participation
rates
in
a
way
that
we
hadn't
intended.
What
we've
done
is
to
make
the
treasury
return
much
more
consistent,
much
more
predictable
and
that
that
also
means
that
there's
been
a
slight
increase
in
the
projected
return
to
delegators,
which
is
good
news
all
round
right.
So
the
treasury
grows
at
a
predictable
rate.
A
One
of
the
questions
I'm
sure
people
would
like
to
know
what
about
any
gnarly
moments.
What
was
the
most
concerning
time
of
the
process
for
you
in
terms
of
moments
where
it
was
really
looking
quite
tricky.
We've
just
said
earlier
that
we
managed
to
hit
all
our
dates
all
the
way
along,
but
there
certainly
were
moments
where
things
were
looking
a
bit
more
challenging.
C
Well,
this
monday
was
was
quite
exciting
tim
because
we
had
a
panicked
message
flying
through
the
channels
which
basically
said
we're
not
getting
any
rewards
on
any
of
our
delegation
and
the
ledger
team
thought,
oh
dear,
or
something
like
that,
maybe
a
bit
stronger,
so
we
went,
we
went
down.
We
quickly
rebuilt
a
copy
of
the
node.
We
replicated
what
the
what
the
qa
team
was
doing.
The
testing
team
was
doing.
C
We
dug
deep
into
all
the
ledger
code
deep
into
the
logging
code
and
we
we
couldn't
find
anything.
We
thought.
Okay.
This
is
really
really
weird,
maybe
there's
a
huge,
huge
bug
somewhere
deep
in
the
system
and
somehow,
despite
months
and
months
of
testing,
we
haven't
found
it
now.
The
qa
team
come
along
and
they
found
it.
C
But
but
actually
it
turned
out,
they
just
made
lousy
choices
of
pools,
the
pools
they
chosen,
weren't
producing
any
blocks
the
pledge
to
those
pools.
Hadn't
been
made,
hadn't
been
met,
so
all
of
the
pools
they'd
chosen
were
bad
and
they
saw
no
rewards
at
all.
So
I'm
not
going
to
ask
the
qa
team
to
pick
any
delegation
choices
for
me.
I
could
think
so
a
worrying
moment.
C
But
it's
it's
good.
It
would
be
great
to
have
that
as
a
test
right.
It's
a
fantastic
test.
The
system
behaved
exactly
as
it
should
and
if
you
make
the
wrong
delegation
choices,
if,
if
you're
delegating
to
pools
with
poor
performance,
then
of
course
the
rewards
are
also
poor
and
the
system
is
designed.
So
you
move
that
you
do
delegate
to
pools
that
produce
good
rewards.
We
just
had
random
choices
over
the
pools
and
unlucky
ones.
At
that.
C
C
Although
we've
been
working
on
this
for
a
number
of
years,
this
is
the
beginning,
rather
than
the
end.
As
soon
as
we
go
through
the
hard
fork,
we
will
have
launched
the
system.
We
we
know
that
there
will
be
things
that
we
have
to
deal
with,
but
we
also
know
that
we've
gone
through
the
major
part
of
the
process.
We've
got
to
stage
we've
launched,
something
which
is
good,
reliable,
does
what
it's
supposed
to?
What
we
can
now
do
is
deal
with.
C
C
We've
got
to
get
the
metadata
aggregation
server
up
and
running
in
time
for
the
hard
fork,
etcetera,
etcetera.
So
we
have
we'll
be
able
to
have
a
bit
of
fun
and
improve
work
on
performance.
Improvements
got
some
good
ideas
there
and
also
saying
new
features
and
start
to
look
at.
You
know
some
really
really
fun
aspects
of
the
cardano
system:
smart
contracts,
multi-asset
systems,
multi
tokens
voting,
many
many
exciting
things
are
going
to
be
coming
up
and
they're
all
possible
because
of
what
we've
done
with
shelley.
A
A
By
opponent,
so
that's
shelley
and
of
course
a
massive
part
of
shelley
is
staking
and
delegation
for
which
you
need
a
wallet.
So
last
night
we
released
daedalus
2.0
for
the
mainnet,
our
first
ever
shelley
wallet
for
staking
and
delegation
for
choosing
state
pools
for
seeing
rankings,
performance,
metrics,
etc,
etc.
A
So
expect
to
see
a
lot
more
information
and
video
guides
coming
out
on
deadlifts
very
soon,
there's
also
your
roy,
which
there
will
be
a
wallet
available,
not
quite
yet
make
sure
you
follow
emergo's
social
channels
to
find
out
the
latest
progress
there
and
also
sebastian
has
published
a
video
on
youtube
to
give
you
a
bit
of
an
update
as
well.
Last
but
not
least,
hardware
wallets.
Now
this
is
an
area
of
great
interest
for
many
people
in
the
community.
So
we
thought
we'd
find
out
more
and
give
you
all
an
update.
B
So
getting
all
the
necessary
features
and
support
into
cardano
isn't
solely
dependent
on
our
internal
employees.
We
strategically
choose
partners
to
work
with
whose
expertise
in
certain
technologies
and
areas
will
strengthen
cardano's
specifications
and
also,
most
importantly,
help
with
time
to
deliver
so
one
such
partners
vacuum
labs.
We
chose
them
specifically
for
the
hardware,
wallet,
support
for
ledger
and
trezor,
and
it's
my
pleasure
to
introduce
michael
petra,
the
product
lead,
who
also
spoke
last
month
at
our
virtual
summit.
So
if
you
missed
that,
please
go
check
check
his
talk
out
in
the
youtube
channel.
B
D
D
D
D
B
D
D
B
D
So
so,
basically
ledger
users
will
have
to
download
a
new
cardano
app
that
will
enable
shelley
transactions
that
will
know
the
new
shelley
addresses
and
that
will
allow
the
code
staking
and
for
treasurer
users
they
will
have
to
update
the
whole
firmware
after
the
5th
of
august
and
currently
currently,
we
can
say
that
trezor
will
be
for
sure,
supporting
sending
and
receiving
transactions
on
shelly,
and
we
are
still
working
hard
with
trezor
to
include
also
cold
staking
for
treasure.
So
hopefully
it
will
be
also
there.
B
Okay,
thanks
michael,
so
I'm
going
to
leave
users
with
how
the
collaboration's
been
because
it's
not
only
with
input
output.
It's
also
been
with
the
cardano
foundation,
so
this
was
kind
of
a
three-way
three-way
collaboration.
Also,
I
I
heard
you
guys
found
a
couple
big
things
right,
you're
well
during
the
integration
on
security
side.
So
why
don't
you
leave
the
users
with
a
little
bit
about
that.
D
Yeah,
so
the
collaboration
collaboration
has
been
fine
and
the
project
was
really
challenging.
It
was
something
different
than
we.
When
we
were
working
on
the
byron
integration
during
the
byron
integration,
we
had
a
maintenance
running.
We
could
test
everything
immediately
on
my
net.
It
was
well
documented,
so
that
was
much
easier
than
now.
This
was
this
brought
also
another
challenges,
such
as
the
staking
and
other
stuff.
D
Regarding
the
security,
this
happened.
This
happened
with
during
our
byron
leisure
integration
work,
our
security
researcher,
peter
perezini.
He
found
a
very
critical
back
in
some
of
the
later
apps
and
he
was
also
rewarded,
a
bounty
for
that.
He
did
it
during
the
work
on
the
cardano
ledger
app,
so
we
can
be
sure
that
cardano
apps
are
really
secure,
because
the
security
engineer
that
was
working
on
them
is
really
good.
B
A
So
we've
talked
about
the
road
map.
We've
talked
about
wallets,
but
another
very
important
part
of
the
rollout
of
shelley
has
been
exchange
relationships
and
making
sure
that
those
are
all
working
successfully
in
terms
of
integrations.
So
I
caught
up
with
a
team
from
the
cf
who've,
been
handling
all
that
over
the
last
few
months.
A
E
Sure
I'm
john
mcpherson
and
I'm
the
exchange
relationship
manager
for
the
cardano
foundation.
I'm
the
first
point
of
contact
for
any
issues
or
questions
exchanges
have
and
I'm
in
charge
of
making
sure
that
our
relationships
with
these
partners
is
in
good
standing
and
I'm
mel
mccann.
And
I
am
the
platform
integrations
engineer
at
the
cardinal
foundation
and
I
handle
any
of
the
technical
aspects
related
to
exchange,
integrations
and
third-party
integrations.
E
A
Well,
you've
left
neville
to
it.
While
you
talk
to
me,
thank
you.
Thank
you
very
much.
So
perhaps
you
can
just
tell
me
a
little
bit
more
about
how
the
how
managing
those
exchange
relationships
actually
entails,
both
in
terms
of
a
longer
term
view
and
also
in
terms
of
kind
of
day-to-day
operations.
John,
perhaps
start
with
you.
E
Sure
so
so,
first
of
all,
managing
these
relationships
is
great.
This
allows
us
to
be
in
direct
contact
with
our
partners
and
their
technical
teams
as
well.
It
allows
us
to
troubleshoot
any
issues
they
have
or
any
questions
very
quickly
with
so
many
partners
and
more
joining
every
single
week.
Maintaining
these
good
relationships
is
super
important.
These
relationships
are
important
for
the
ecosystem,
as
each
project
has
really
three
sides
to
success
right,
we
have
one.
You
need
an
amazing
development
team
which
we
have.
E
A
E
Yeah
every
day
it
seems
we're
we're
talking
to
exchanges
and
with
over
40
40
partners
right
now
it
can
get
a
little
hectic,
but
but
we
recognized
a
few
months
ago
that
for
a
successful
deployment
to
shelly,
we
really
need
to
have
this
stuff
on
point.
We
need
a
great
technical
team,
but
also
these
relationships
need
to
be
top-notch
mel
and
I
were
brought
on
recently
because
we
realized
we
need
this
day-to-day
communication.
E
We
need
these
day-to-day
relationships,
so
we've
been
opening
up
communication
channels,
like
slack
telegram,
with
our
existing
partners
and
seeking
opportunities,
new
partners.
These
proper
lines
of
communication
are
really
helping
with
talking
to
our
partners
for
a
much
faster
flow
of
discussion.
Now
mel
can
explain
the
more
technical
changes
over
the
last
three
months
that
have
we've
had
to
get
us
ready.
E
Thanks
john.
So
over
the
last
few
months,
we've
gone
from
the
byron
legacy
code
to
byron
reboot,
which
entails
a
project
called
adrestia
and
andrastia
really
really
set
us
up
for
success
with
the
transition
to
shelley,
and
that
was
what
it
was
designed
for.
It
was
designed
to
give
exchanges
a
good
experience
and
lots
of
integration
options
which
they
have
and
yeah
it's
been.
It's
been
a
lot
of
work
and
we've
been
working
very
closely
with
iohk.
A
E
E
A
E
Yeah
yeah,
absolutely
so
so
with
this
update
trading
should
not
be
affected.
The
majority
of
exchanges
will
keep
trading
open.
The
mine
already
made
closed
trading,
but
we
haven't
really
seen
notification
of
that.
Yet
you
won't
be
able
to
move
your
existing
aida.
It
will
be
stuck
in
the
exchange
during
the
upgrade,
but
it's
perfectly
safe
and
as
soon
as
that
exchange
is
upgraded,
you'll
be
more
than
able
to
fully
access
your
funds
again.
A
E
Absolutely
you
can
check
statuses
on
exchanges.
You
can
log
a
ticket
if
you're
not
clear
contact
the
exchange
on
social
media.
Say:
hey,
are
you
guys
upgrading?
Have
you
upgraded
now
now
because
we're
doing
our
job
properly?
These
exchanges
know
so
they
all
know
about
this
upgrade
that's
happening,
but
but
definitely
check
a
couple
times
a
day
see
how
things
are
going
and
you're
more
than
welcome
to
reach
out
to
us
as
well,
and
we
can
definitely
give
status
updates
as
needed.
A
E
Would
recommend
that
they
they
check
out
our
technical
support
page
first,
if
it's
a
specific
cardano
issue.
Well,
then
we
will
document
it
there
and
we're
working
very
closely
with
our
partners
to
deal
with
any
issues
that
they
have
and
we
will
publish
those
issues
open
for
everyone
to
see.
So
you
usually
can
find
that
information.
A
Take
care
so
shelley
the
beginning
of
exciting
times
for
cardano
over
the
months
ahead,
but
there's
lots
more
coming,
not
least
voltaire,
so
we
wanted
to
give
you
an
update
also
on
some
of
the
work
that's
been
going
on
in
that
area,
so
earlier
aparna
and
I
caught
up
with
dor,
who
is
the
product
manager
for
voltaire
and
he's
currently
working
on
the
pretty
exciting
catalyst
project.
So
let's
go
over
to
that
now,
okay,
so
daw.
Thank
you
very
much
for
for
joining
us
today.
F
Yeah
sure,
and
thanks
for
having
me
so
I'm
a
I'm
the
product
manager
for
project
catalyst
here
in
iohk
before
before.
Taking
on
this
role,
I
was
a
product
manager
for
daostack,
which
was
was
one
one
of
the
kind
of
like
cutting
edge,
blockchain
companies,
doing
decentralized
governance,
and
before
that
I
did
my
phd
about
collective
intelligence
and
and
how
we
can
basically
collaborate
within
very,
very
large,
distributed
fashion,
so
collective
intelligence
collaboration
making
decisions
together
has
been
like
basically
a
lifelong
passion.
For
me,.
A
Yeah-
and
I
can
see
why,
what
you're
so
passionate
about
this
particular
project,
I
think
that
came
through
at
the
summit.
Catalyst
actually
got
a
lot
of
a
lot
of
interest
and
a
lot
of
community
interest,
both
during
the
summit
and
afterwards,
but
before
we
dig
too
much
into
catalyst
itself.
Perhaps
let's
just
look
at
the
bigger
picture
and
some
of
the
the
wider
themes
around
cardano.
So
this
this
idea
of
governance,
this
idea
of
and
voltaire.
F
Yeah
definitely
so
project
catalyst
is,
is
a
part
of
of
of
a
greater
vision.
Okay,
the
voltaire
vision
and,
what's
behind
that
this,
this
you
know
this
whole.
This
voltaire
initiative
is
four
key
principles.
One
is
self-sustainability
for
cardano
is
there
is
the
idea
that,
in
order
for
you
know
for
the
system,
not
just
to
be
not
just
on
the
short
term,
but
you
know
really
looking
looking
forward
and
like
in
the
coming
years
like
how
does
the
system
evolve
and
improve
and
become
better
over
time?
F
F
How
can
our
system
be
adaptive?
You
know,
we
know
that
you
know
that
you
know
that
the
year
in
blockchain
is
kind
of
like
dog
years
right,
it's
like
seven
years
in
in
normal
world,
so
we
need
to
be
extremely
adaptive
and
evolvable,
and
and
how
do
we
do
it?
How
do
we
make
fast?
Not
not
just
good
decisions
and
decentralized
decisions,
but
fast
decisions
and,
lastly,
it's
about
resilience.
F
So
there's
no
point
in
in
a
way
like
you
know,
if
you
have
a
decentralized
system,
but
in
the
end
the
person
all
there's
only
a
few
people
in
the
end,
that
kind
of
like
hold
the
keys
to
the
castle
hold
the
plug.
It's
not
very
resilient.
This
is
very
fragile
system.
So
what
what
voltaire
does
is
it
distributes
the
power,
the
decision-making
power
making
us
more
resilient.
A
F
F
Now
we're
we're
in
the
process
of
taking
all
these
all
these
important
heavy
insights
and
doing
a
series
of
of
social
experiments
like
implementing
implementing
them
in
here
in
the
community
and
seeing
what
happens?
What
happens
when
humans
interact
with
these
more
more
abstract
theoretical
constructs
and
what
can
we
learn
and
then
the
final
stage
is
once
we
all
go
through
this
shared
experience
and,
and
we
see
what
we
come
up
with
you
know,
we
see
what
kind
of
impact
is
generated,
how
we
feel
about
about
the
system
as
it
acts.
F
You
know
like,
for
example,
in
terms
of
fairness
in
terms
of
usability
and
then
it's
time
for
for
the
community
to
to
give
consent
and
to
say,
okay,
we
like
this.
This
is
the
way
to
go,
and
now
that
we're
informed
and
now
that
we've
been
through
these
experiences
and
then
we
and
then
we
and
then
we
iterate,
and
you
know
we
learn
from
each
experiment
and
and
then
launch.
F
You
know,
launch
another
one,
and-
and
I
would
say
that
that,
for
me,
like
the
overall
goal
for
for
project
catalyst
is,
is
having
this
really
flexible,
experimentational
framework.
That
makes
us
able
to
make
these
these
experiments
in
a
in
a
rapid
pace
and
learn
and
learn
as
much
as
you
can
from
them
and
improve
quickly,
and
I
think,
lastly,
a
lot
of
it
is
about
developing
intuitive
tools,
developing
things
that
everybody
can
use
and
interact
with
and
making
sure
that
it's
understandable,
so
people
can
people
understand
what
we're
trying
to
achieve.
F
What's
expected
of
them,
what
we're
measuring
and-
and
you
know,
and
what
are
like,
the
rules
of
the
game.
So
we
believe
that
once
we
have
all
these
in
play,
you
know
we
are
on.
We
are
in
the
past
to
to
to
become
truly
innovative
and
bring
really
really
paradigm
shifting
new
ways
of
creating
value
in
the
world.
B
B
It's
not
not
easy
to
even
think
what
how
to
define
this
without
being
able
to
do
these
experiments
and-
and
that's
why
project
catalyst
is
so
important,
but
I
do
want
to
bring
up
the
fact
that
it's
not
only
catalyst
you've
already
started
this
process
of
bringing
in
focus
groups
and
users
to
be
able
to
to
to
direct
us
and
guide
us
and
how
we're
setting
this
up.
So
can
you
share
a
little
bit
for
our
viewers
today
on
that
process,
because
I
think
they'll
be
very
interested
in
knowing
how
we've
been
doing
this.
F
Yeah
definitely
from
well
from
from
the
moment
we
started.
We,
we
made
a
very
clear,
like
a
very
clear
principle
that
we
put
our
community
in
the
center.
We
put
the
user
in
the
center,
so
even
even
in
the
very
very
early
stages
of
planning
the
strategy,
and
we
did
the
in-depth
user
interviews
and
we
talked
with
different
members
of
the
community
about
their
expectations
regarding
governance
and
we
showed
them.
F
We
showed
them
mock-ups
and
early
prototypes
and
gather
feedback
and
adapted
accordingly
and
just
recently
we
finished
the
first
phase
of
the
project,
which
is
what's
called
fun:
zero,
which
was
basically
an
an
early
test
of
of
of
the
governance
process.
And
so
so
we
took
a
so.
We
took
a
group
of
of
of
five
people,
five
five
community
members
and
actually
from
five
different
continents.
So
it
was
a
truly
global
team
and-
and
we
went
through
a
governance
simulation,
so
we
tell
them
hey
look.
We
have.
We
have
a.
F
What
did
you
dislike
about
the
process?
How
can
it
be
improved
and-
and
we
learned
we
learned-
we
learned
a
lot
from
it.
So,
first
of
all,
we
had
three
key
measurements
that
we
made.
The
first
one
was
about
usability
and,
and
there
we
got
out
of
we
used
kind
of
like
a
five-point
ranking
system
and
we
got
a
score
of
4.7
for
for
usability.
So
people
were
very
happy
with
how
intuitive
the
tool
was.
F
F
Do
you
feel
this
is
going
to
give
cardano
a
competitive
edge?
Do
you
feel
this
is
an
impactful
decision?
You
know
that
the
the
the
execution
of
a
proposal-
and
there
we
got
a
a
very
a
very
strong
yes
like
a
five
out
of
five
and
and
what
what
this
you
know
and
what
this
shows
us.
It
kind
of
gives
us
a
direction
and-
and
it
helps
us
understand
how
can
we
how
it
can
be
better
over
time?
F
Another
another
thing
is
like
we
understand
what
really
people
really
care
about.
So,
for
example,
the
vast
majority
of
people
talked
about
how
important
usability
is
for
them.
So
we
know
in
the
blockchain
space,
things
tend
to
be
complicated
and
require
a
lot
of
custom
setup
and
a
lot
of
support
and
and
and
we're
really
glad
to
see
that
we
are
we're
doing
something.
That's
that's
more
intuitive
and,
second
of
all
that
the
key
concerns
of
of
people
was
like
gaming
of
the
system.
F
F
One
thing
I
didn't
know
when
I
joined
the
team
was
actually
how
amazing
the
community
is-
and
you
know
talking
to
these
people
really
really
inspired
me
because
I
mean
you
know:
I've
been
around
the
blockchain
world
and
this
community
is
very
special.
We
have
passionate
people,
we
have
knowledgeable
people,
we
have
talented
people,
there's
like
a
lot
of
potential
there
and-
and
I
can't
wait
to
to
scale
that
up
and
and
see
what
we
can
create
together.
A
F
F
That's
completely
new
for
you
like
the
ability
to
be
a
decider,
the
ability
to
have
your
your
sit
at
the
at
the
boardroom
and
so
suddenly
from
from
like
being
an
observer
or
someone
who
can
comment,
you
know
you
got,
you
got,
you
got
your
hands
on
the
wheels
and-
and
I
think-
and
I
think
that's
that's
huge,
that's
why
and
I
think
a
second
a
I
think.
A
second
element
is
just
the
innovative
potential.
F
B
F
What
we
did
in
front
zero
was
we
basically
validated
the
the
governance
phase?
Okay,
okay,
let
me
take
it
one
step
backwards:
okay,
so
there's
three
main
phases:
okay,
so
the
first
phase
is
in
innovation
phase.
It's
all
about
making
good
proposals,
high
quality
proposals,
impactful
proposals,
then
the
second
stage
is
the
governance
stage.
This
is
about
making
good
decisions-
okay,
so
it's
and
and
how
do
we?
How
do
we
empower
the
community
to
make
the
best
decisions
about
which
which
proposals
to
fund
and
then
there's
a
third
phase,
which
is
the
execution
phase?
F
So
it's
not
just
about
you
know,
making
your
proposal
better
and
more
likely
to
be
funded.
It's
also
about
all
these
people
going
through
this
process
and
giving
us
feedback
how
to
improve
it
and
how
to
make
this.
This
whole
innovation
process
and
collaborate
collaborative
process
even
better,
and
so
that's
what's
really
happening
right
now
and
and
part
of
it
would
be
launching
an
in
a
whole
innovation
platform
and
something
we
will
make
an
announcement
about
soon.
But
it's
it's
very
exciting.
A
F
Yes,
so
and
again-
and
this
is
like
and
I'm
putting
here
a
disclaimer
right-
this
is
a
this
is
a
test.
This
is
an
experiment,
so
there's
not
going
to
be
any
any
funds
in
the
end,
a
lot
of
things
would
need
some
a
lot
of
work.
This
is
like
an
alpha
release,
but
so
so
you
know
so
you
can
expect
a
bit
of
a
turbulence,
but
it's
an
it's
a
huge
leverage
point
for
for
you.
F
So
we're
going
to
share
a
registration
form,
hopefully
here
on
the
links
in
in
the
show,
and
you
can
specify
you
can
specify
your
interest
there
and
you
know-
and
basically
you
know
unless
you're
you're
a
huge
troll.
You
know
you're
gonna
be
you're,
gonna,
you're
gonna
be
in
and
and
you
can
you
can
take
part.
That's.
B
Wonderful,
thank
you
door
truly
appreciate
that
I'm
sure
our
community
is
gonna
be
very
interested
to
be
involved
in
this
like
door
said,
this
is
a
series
of
experimentations
guys
be
ready
for
the
fact
that
this
is
how
we're
going
to
do
product
development
is
ensure
that
your
voices
are
heard
and
do
roll
outs
so
that
we
can
build
in
the
necessary
feedback
to
make
the
product
as
robust
with
the
market
input
available.
So
thank
you
once
again
appreciate
it.
A
Thank
you
for
joining
us
tom
cheers
cheers
so
that's
that's
catalyst
to
partner.
I
mean
just
one
of
the
many
many
things
that
really
resonated
with
our
community
at
the
virtual
summit
at
the
beginning
of
the
month.
It's
very
easy,
with
all
the
excitement
of
the
past
month
to
kind
of
almost
forget
it
was
just
a
month
ago,
but
let's
just
look
at
a
little
video
just
to
remind
ourselves
of
some
of
those
sessions
that
took
place.
G
This
is
charles
hoskinson
broadcasting
live
and
we're
recording
all
right.
Welcome
to
the
cardano
virtual
summit,
2020
discussion
on
future
challenges
for
cryptocurrency
exchanges.
If
you
look
at
something
like
javascript
or
you
look
at
something
like
solidity
and
you
go,
why
did
they
do
it?
Why
welcome
to
the
gorgon
session
on
token
steps
and
more
hello?
Everybody
welcome
to
the
bluetooth
q,
a.
G
G
A
So
they're
just
some
of
the
impressions
from
the
from
the
summit,
the
virtual
summit
so
aparna.
What
were
some
of
the
other
things?
Obviously
catalysts.
We
talked
about
what
were
maybe
some
of
the
other
moments
that
particularly
struck
with
you
that
you
felt
were
particularly
important
to
highlight.
B
My
goodness,
I
can
go
on
for
days
on
that
one
it
was.
It
was
a
very
exciting
summit,
tim
true
celebration
of
kind
of
where
we
are
and
where
we've
come
as
a
company,
you
know
lots
of
big
names
and
great
announcements,
but
maybe
a
couple
of
themes
that
I
think
I
I'd
like
to
to
highlight
from
the
product
end.
There's
a
lot
of
work,
that's
being
done,
of
course
on
shelly
itself,
but
well
you
project
atlas.
You
know
that
alex
appledore
in
session
is,
if
you
guys
haven't,
checked
that
out.
B
Yet
please
do
the
whole
chain
face
of
the
chain
and
what
we're
planning
to
do
there
project
catalyst
as
door
has
just
gone
through,
of
course,
for
these
decentralized
governance,
gogan
a
lot
of
people
already
starting
on
the
wen
gogan
message
and
something
we're
definitely
working
on
and
looking
forward
to
unveiling
to
the
community
as
well
in
a
roll
out
and
then
identity
right.
How
do
we
make
identity
of
first
class
citizen
of
the
the
network,
and
how
do
we
use
that
for
different
proof
of
concepts?
B
B
You
know
not
only
the
hyper
ledger
piece
that
we
spoke
quite
a
bit
about,
but
also
the
proof
concepts
that
we're
doing
with
the
pan-african
strategy
and
some
of
the
other
proof
of
concepts
we're
doing
around
identification
and
authentication
and
tracking
and
supply
chains
and
and
so
on
and
so
forth.
So
those
are
all
key.
You
know
please
check
them
out
on
the
summit,
but
we'll
definitely
be
talking
more
about
it
through
through
the
through
the
months
here
in
the
show,
and
also
through
the
weeks
so
tim.
B
A
There's
a
lot
of
stuff
in
the
playlist
there.
It
continues
to
grow
every
day.
Again.
Maybe
not
so
much
has
gone
live
in
the
last
week
or
so
for
obvious
reasons,
but
please
everybody
do
do
go
and
have
a
look
at
that.
As
you
say,
we've
got
lots
more
to
talk
about
over
the
months
ahead.
It's
been
an
exciting
week.
It's
going
to
be
a
fantastic
august
and
really
from
now
on
we're
really
going
to
start
motoring.
A
So
aparna
look
great
to
speak
to
you
again
as
ever,
and
thank
you
everybody
for
joining
us
thanks
to
all
our
guests
for
joining
us
on
this
show
it
hasn't
been
live,
but
I
hope
we've
all
managed
to
communicate
and
engage
with
each
other,
as
we
always
do
so
until
next
time.
Thanks
very
much
and
we'll
see
you
soon.