►
From YouTube: MakerDAO Community Meeting - August 8, 2018
Description
Special Guests
- Lenka Hudakova: Our Community Lead in Europe introduces herself and talks a bit about her new role
- Jordan Jackson: Joins us to talk about Governance and the challenges of creating a user experience that make sense for Maker
---
Website: https://makerdao.com
Twitter: https://twitter.com/makerdao
Reddit: https://www.reddit.com/r/MakerDAO/
Chat: https://chat.makerdao.com/home
Email: info@makerdao.com
A
B
A
Welcome
everyone
to
Tuesday's
August,
7th
Maker
Dow
community
meeting,
so
there
hasn't
been
a
ton
of
news
this
past
week.
However,
we
do
have
a
couple
very
exciting
guests
that
we'd
like
to
talk
to
you
and
hear
about
their
cool
stories,
so
we'll
be
meeting
lenka
and
Jordan
today.
Link
if
you
want
to
kick
us
off
and
tell
us
a
little
bit
about
your
background
and
how
it
is
that
you've
landed
in
the
world
of
maker,
yes,
hi
everyone.
This
is
lenka
from
Copenhagen
really
nice
to
meet.
You
I'm,
the
new
community
lead
for
Europe.
A
A
So
I'm
humanities,
Social
Sciences,
but
I'm
a
proof
that
there
is
a
space
in
the
crypto
for
everyone,
regardless
of
the
background
and
I,
have
been
active
in
the
past
four
years
with
another
blockchain
startup,
that's
been
maced
mostly
connecting
the
traditional
and
and
the
crypto
world
by
you
know,
providing
human
processing
and
exchanged,
but
now
I'm
ready
to
dive
deep
into
a
more
decentralized,
more
exciting,
stable
kind
of
space,
and
yes,
super
special
to
join
maker
and
I.
Don't
know,
there's
just
so
many
exciting
things
and
projects
and
people
to
work
with.
A
C
B
A
I
just
started
to
poke
around
there's
a
local
event
called
tech
festival.
It's
maybe
it's
not
that
in
that
technological
in,
like
most
of
the
developer,
meetups
tend
to
be
like,
but
we'll
try
to
build
some
more
presence,
because
the
office
in
Copenhagen
is
quite
new.
So
we'll
try
to
you
know,
do
some
simple,
intro,
meetups
and
different
events
as
part
of
the
tech
fest.
Oh,
that
will
be
in
September,
then
I
will
visit
Berlin
for
the
East,
Berlin
and
I.
A
Guess
we're
all
very
excited
for
the
for
the
DEF
CON
in
Prak
end
of
October,
yes,
and
then
there's
a
little
bits
and
pieces
on
Monday
I'll
be
presenting
a
challenge
for
organized
by
care
organization,
the
humanitarian
organization
about
the
Bifrost
project,
where
we
were
participating
so
that'll,
be
this
Monday
and
then
there's
a
lot
of
little
exciting
projects.
But
yes,
let
me
just
get
my
feet.
The
ground
thanks
wow.
B
A
Care
is
a
humanitarian
organization,
international
humanitarian
organization,
and
they
have
created
the
challenge
in
collaboration
with
Copenhagen
fin
piglet.
That's
a
local
thing
that
office
and
you
know,
office
space
and
health
and
maker
Dow
has
submitted
by
Pharos
project
as
one
of
the
one
of
the
projects
for
the
challenge.
I
guess
the
challenge
is
actually
challenging
the
care
organizations
way
how
how
they
address
the
issue
of
of
cash
and
loans
for
the
underdeveloped
countries.
So
basically
it's
bringing
the
financial
services
to
the
to
the
people
from
developing
countries.
So.
B
A
B
Since
that's
your
second
week,
yeah
I
said
before
we
moved
on
to
Jordan,
because
I
know
we
have
a
lot
to
talk
about
there.
I
wanted
to
like
I,
said
I
actually
have
just
said
earlier
there.
It's
been
an
amazingly
quiet
week
in
the
world
of
maker,
at
least
externally.
Internally,
there's
a
whole
lot
going
on
and
I
think
our
next
thing
or
two
is
going
to
be
full
of
some
exciting
announcements.
B
B
In
what
we've
been
doing
in
the
past
on
Wednesdays,
we've
been
having
a
foundation
proposal
and
meeting
with
room
and
we're
gonna
wind
those
down
for
the
next
couple
weeks,
so
there
won't
be
one
tomorrow,
there'll
be
a
notice,
we'll
put
it
on
Otis
when
the
next
one
is
going
to
roll
around.
But
our
Thursday
meetings
with
Steven
Becker
are
are
going
to
continue
for
the
for
a
long
time
because
those
they're
chock-full
of
content
and
we're
getting
a
lot
of
great
reception
for
those.
B
If
anybody
hasn't
seen
them,
I
suggest
hitting
up
our
YouTube
channel
and
taking
a
look
because
it's
it's
sort
of
like
a
free
course.
You
can
audit
on
on
Finance
and
risk
and
maker
itself
I'm
still
trying
to
keep
up
with
those
guys.
So
there's
there's
some
amazing
stuff
happening
in
there.
I
think
that
was
all
I
wanted
to
talk
about
yeah.
The
the
lack
of
things
we
talked
about
was
the
major
topic.
So
Jordan
can
you
you
want
to
introduce
yourself
and
give
us
a
sort
of
sense
of
what
you've
been
up
to.
Yes,.
C
I'm
Jordan
I
kind
of
work
on
UX
research
and
of
their
kind
of
products
and
maker.
You
know
my
pack
into
like
blockchain
things
was
really.
It
was
incredibly
interesting
to
read
about
blockchain
from
the
perspective
of
like
us
right
as
you
have
these,
like
really
novel
experiences
that
are
that
are
going
to
be
built
and
are
being
built
right
now,
like
especially
at
maker
and
like
the
design
team,
a
maker
and
yeah.
C
It's
just
incredible
to
see
the
different
mental
models
and
things
that
people
have
like
web
2
versus
web
3,
so
yeah
and
I
guess
most
recently
and
maybe
relevant
to
this
conversation
was
like
the
governance
UX
research
that
actually
David
someone
in
our
community
was
like
a
big
part
of
and
gave
us
a
bunch
of
great
feedback.
Please
long
more.
C
B
Let's
take
a
I
want
to
do
a
bit
of
a
dive
into
some
of
the
things
you've
learned,
but
kind
of
from
my
own
edification
I've
always
been
I,
come
from
a
high
technical
background,
so
the
UX
stuff.
Sometimes
it's
hard
for
you
to
wrap
my
head
around
exactly
what
it
is.
You
guys
are
up
to
how
you
do
this
kind
of
stuff.
So
can
you
give
us
a
super
high
level
overview
of
what
user
experience
design
is
and
how
you
guys
feel
a
bit
approaching
is
going
to
grow
yeah.
C
So
I
think
that
at
a
really
high
level,
you
know
people
are
always
trying
to
make
progress
right.
So
we're
like
the
motivations
are
largely
the
same
right,
they're
trying
to
get
from
point
A
to
point
B
and
in
the
middle
of
that
is
usually
some
type
of
interface.
That's
usually
some
type
of
object
and
what
we're
trying
to
do
with
user
experience
is,
generally
speaking,
we're
trying
to
either
give
people
the
capabilities
to
do
what
they
want
to
do,
such
as
they
can.
C
You
know,
through
their
motivation
like
humans,
our
goal
seeking
an
aspirational
being
like
we're,
trying
to
get
places
and
also
we're
trying
to
walk
like
as
opposed
to
giving
them
capabilities,
giving
users
capabilities
we're
trying
to
take
away
obstacles
right.
Any
friction
that
it's
getting
in
the
way
of
getting
you
from
point
A
to
point
B
we're
trying
to
take
that
away
or
give
you
the
capability
to
do
what
you
want
to
do.
Okay,.
B
I
guess
the
hard
part
is
anticipating
what
those,
what
helps
and
what
doesn't
help
is
that
is
the
hard
part
and
especially
in
a
crypto
space,
where
we're
kind
of
inventing
paradigms
as
we
go
along.
So
is
that
one
of
the
schemes
that
one
of
the
challenges
that
you
guys
are
running
into
is
that
sort
of
the
experiences
that
people
have
become
accustomed
to
in
the
web?
2.0
world
don't
always
apply
in
the
web
3
or
you.
They
don't
have
that
toolbox
of
assumptions
that
are
required
to
deal
with
some
of
these
things,
yeah.
C
I
think
I
think
a
large
I
think
probably
the
largest
one.
Is
this
idea
of
value
attached
to
almost
everything
right,
I'm
thinking
through
that,
as
so,
if
you're
walking
through
adapt
right
or
you're
going
through
adapt
and
you're
doing
all
these
different
experiences
right
or
you're
doing
all
these
different
interactions?
It's
not
necessarily
needed
for
you
to
think
about
value
when
walking
through
these
experiences,
but
that's
an
integral
part
of
the
experience.
B
C
B
Chiarella,
oh
yeah
I
see
what
you
mean
so
in
the
traditional
web
tier
world.
People
are
just
sort
of
now
after,
like
10
or
15
years,
realizing
that
they're
the
product
and
that's
why
things
are
free.
Moving
into
this
new
world,
where
they're
expected
to
sort
of
micro
pay
for
almost
everything
is
probably
a
tough
hurdle.
C
Exactly
right,
I
also
think
the
notion
of
trust
is
something
that
that's
really
interesting
right,
like
I,
think
services
before
or
products
before
them,
you
that
have
given
us
trust,
largely
been
predicated
on
a
lot
of
these
kind
of
data
monopoly.
Rent
seeking
applications,
like
you,
trust
someone
on
Airbnb
because
of
their
Facebook
profile
right,
but
now
we're
thinking
like
whoa.
Maybe
that's
not
the
best
idea
with
Facebook,
so
this
idea
I've
got
identity.
In
fact,
it
is
something
that
I
think
it's
also
like
incredibly
relevant
and
largely
being
built.
I.
B
Actually,
one
thing
I
want
to
ask:
you
is,
and
this
is
sort
of
a
new
are
kind
of
a
paradigm
that
the
community
in
general
is
sort
of
arriving
at
far
too
slowly,
I
think.
But
but
this
idea
of
hiding
the
complexity
of
the
blockchain,
it
seems
like
most
of
the
applications
leading
up
to
the
last
six
months,
or
so.
B
We're
really
focused
on
almost
strangely
exposing
the
underlying
mechanisms
of
the
blockchain
and
and
now
we're
starting
to
see
that
more
and
more
apps
are
trying
to
hide
the
fact
that
there
there's
anything
crypto
about
it
is
that
is
that
am
I?
Am
I
interpreting
that
process
correctly
or
is
that
something
that
maker
is
looking
at
as
well?
So.
C
I
think
you're
interpreting
it
correctly,
but
I
think
there's
a
bit
of
nuance.
There
is
this
Cystic
reason
so
when
we're
thinking
about
hiding
complexity
before
it's,
it's
been
because
it's
not
necessarily
relevant
to
the
person
who's
interacting
with
the
product
now
I
think
when
we
talk
about
hiding
complexity
in
the
blockchain,
it's
a
little
bit
more
nuanced,
because
now
it's
incredibly
relevant
like
it
is
incredibly
relevant
for
you
to
know.
Okay
can
I
go
and
check
this
on,
like
ether
scan,
can
I
go
and
see.
A
C
Of
this
address,
or
something
like
that,
those
are
perhaps
complexities
that
I'm.
Maybe
in
like
a
world
where
you
don't
necessarily
care
about
those
types
of
things,
they
can
be
abstracted
away,
but
I
think
maker
and
no
have
their
web
three
products
it
we
want
to
give.
We
want
to
hide
the
complexity
in
a
way.
We
want
to
give
the
option
the
ability
going
back
to
this
idea
of
capability.
It's
because
it
goes
into
the
motivation
of
users
to
understand
hey.
This
is
what's
happening
is
because
how
I
can
can
get
ground
truth
on?
B
That's
this
course
I,
see
I,
think
I
see
where
you're
coming
from.
So
you
can't
abstract
away
all
the
complexity
and
all
the
Delta
that's
involved
with
crypto,
because
that's
part
of
the
value
prop
right,
like
that's
the
reason
why
I
click
here,
because
things
were
behaving
differently,
so
you
can't
just
pretend
that
this
is
a
different
type
of
Facebook
or
that's
a
different
type
of
voting
tool.
It's
it
has
to
be
that's
interesting,
so
you
still
need
to
educate
people
that
there's
some
interest.
There's
some
new
paradigms
here
that
they
need
to
understand
exactly.
C
Maybe
like,
in
my
opinion,
you
like
saying
you're
using
you're
using
really
my
opinion,
be
like
when
you're
using
Facebook
and
we're
gonna
hide
your
friends
right.
It's
a
core
part
of
the
value
proposition
of
Facebook
or
product.
Exactly
say:
hey
here,
your
friends,
your
friends
that
you
may
know,
etc.
With
you
know,
block
chains
and,
and
other
you
know,
gaps
or
adapts
built
on
reflection,
I
think
that
it's
core
to
the
value
proposition
of
saying,
hey,
look!
We
need
to
be
transparent.
C
B
C
I
think
it's
different
for
different
types
of
users
for
a
lay
user
or
someone
who's
new
new
crypto,
except
I,
think
it
the
anxiety
that
is
around
this
idea
that
there's
no
point
of
like
recourse.
There's,
no
there's
no
coming
back
right.
If
you
send
money
or
something
like
that,
it's
not
yeah,
that's
what
it
is,
what
it
is
right
and
you
can't
go
back
and
we
have
sort
of
ingrained
into
using
products.
You
know.
C
Like
you
can
always
call
the
customer
support
right,
you
can
always
email
somebody,
you
can
return
a
product
or
a
shipment
or
whatever,
and
that
just
want
the
case
here
so
I'd
say
that's,
probably
the
biggest
hurdle
that
we're
going
to
say
and
then
with
more
sophisticated
users.
I
think
it's
like
again
going
back
to
that
trans
janky
and
like
more
details
and
security,
around
sending
value
from
point
A
to
point,
B
I,
think
that's
another
one
and
then,
until
the
middle
cohort
of
users,
I
guess
you
can
say.
C
Maybe
somebody
like
myself
is
like
the
trade-off
between
convenience
and
security
and
transparency
right.
So
a
product
like
that
clone
bait
gives
you
this
trade-off.
They
give
you
more
convenience
at
the
expense
of
likely
some
security
right,
like
you,
don't
own
your
private
keys,
echoing
bits
right,
you
know
you
don't
know.
If
they
are,
you
know
you
probably
don't
even
know
what
that
is
right,
so
yeah
I
think
those
are
the
three
main
thing.
That's.
B
Awesome,
so
what
do
you
think
that
I
know
it's
impossible
to
predict
the
future
in
this
space?
But
where
do
you
think
that
we're
going?
Do
you
think
that
third-party
developers,
like
the
second
layer,
will
begin
to
replicate
some
of
those
safety
nets
that
exist
in
the
traditional
space?
Or
do
you
think
that
there's
going
to
be
trying
to
or
we're
going
to
continue
down
this
road
of
sort
of
increased
privacy
and
sovereignty
and
and
sort
of
lack
of
training,
wheels
concept.
B
It's
a
I
think
it's
a
part
of
the
process
of
people,
just
sort
of
discovering
what
money
is
and
what
the
old
traditional
financial
system
did
for
them,
and
now
that
they
have
something
to
compare
it
against.
There's
a
lot
of
people.
People
are
beginning
to
question
things
that
they
didn't
question
before
him,
which
is
a
fascinating
process.
B
B
How
challenging
was
it
for
you
to
explain
to
people
what
governance
was
and
how
it
works?
Mm-Hmm.
C
So
I
think
so
take
a
step.
Back
sort
of
there
was
two
really
forms
of
research.
The
first
is
like
a
discovery
idea
where
you're
trying
to
get
how
people
really
think
about
governance
in
the
crypto
space
and
for
and
for
those
folks
or
those
users,
they
were
like
highly
sophisticated
and
they
were
in
the
community
right,
so
they
kind
of
get
it.
But
when
we
talked
about
usability
research,
when
we
already
have
like
an
interface
that
we
wanted
to
get
feedback
on,
he
got
a
little.
C
It
got
a
little
tricky
right
like
we
have
these
terms
that
that
we
use
in
in
the
governance
I
got
process
that,
maybe
not
everybody
understands
or
a
lot
of
people
didn't
understand
that
it
was
a
little
bit
confusing
to
know
the
difference
between
like
executive
voting
and
the
community
voting
like.
What's
the
difference.
What's
the
route
proposal
right,
like
all
these
different
things
that
are
very
confusing
for
people,
so
yeah
you
use
was
difficult.
C
I
think
terminology
is
a
heat,
was
a
big
hurdle
and
I
think
also
just
the
model
of
understanding
like
what
is
the
motivation
here
going
back
to
that
idea
of,
like
motivation,
I
think
the
high
level
motivation
that
needs
to
be
sort
of
imbued
in
the
interface.
It's
like
people
are
trying
to
have
influence
over
the
system
right
they're
trying
to
have
positive
influence,
which
I
might
have
their
say
right.
So
how
do
we
build
an
interface
that
allows
them
do
that
underlying
motivation
and
I?
C
B
C
B
C
C
They
really,
they
really
thought
of
it
in
those
in
those
terms
which
is
sort
of
interesting
and
then
with
users
who
are
more
part
of
the
community,
they
more
thought
of
it
as
like
their
own
little
community
like
their
neighborhood,
or
something
like
that.
How
would
they
make
a
decision
on
like
putting
up
like
a
speed
bump
or
something
like
that
like?
How
do
you
get
the
consensus?
Is
that
like?
How
do
you
taking
all
of
that
information?
Which
I
thought
was
a
really
interesting
way
for
people
to
think
about
it.
B
C
Think
the
general
general
response
was
somewhere
in
the
middle
of
and
it's
gonna
be
a
little
bit
of
an
empty
one.
So
on
the
little
of
highly
confusing
and
like
easy
to
use
the
reason
why
I
say
that
is
because
the
reason
why
I
say
that
is
because
there's
like
they
say
it
depends
on
how
much
information
is
there
and
like?
C
B
B
C
In
question
so
I
think
it's
a
little
bit
of
two
things.
The
first
is
that,
just
generally,
when
we're
testing
products
or
building
interfaces,
it's
like
you
want
to
always
focus
on
the
two
extremes
right.
You
want
to
focus
on
the
person
who's
like
the
power
user
and
such
that
you
can
get
the
edge
cases
for
them,
and
you
want
to
focus
on
the
person.
C
There's
no
idea
like
the
very
beginner
and
the
middle
will
take
care
of
itself,
so
that's
kind
of
a
best
practice,
we'll
move
it,
and
then
the
other
thing
was
based
on
the
discovery.
Research
talking
to
a
bunch
of
different
people
like
an
exploratory
leg,
I'm
this
idea
of
tragedy
of
the
Commons
right.
It
comes
up
a
lot
like.
C
So
I
think
it's
implicitly
understood
right,
like
they're
like
well.
Why
would
I?
Why
would
I
even
engaged
in
this
like?
Why
should
why
should
I
do
this,
especially
if
I
have
like
a
little
bit
of
maker
like?
Why
would
I?
You
know?
Why
am
I
really
gonna
happen?
Take
right,
so
I
think
that's
an
issue
too
of
being
able
to
create
something
that
incentivizes
people
to
participate
and
to
really
get
that
or
to
really
solve
for
that
motivation
of
having
you're
saying
to
have
a
positive
influence
over
a
touch
of
a
meeting
different.
You.
B
Know,
that's
that's
cool,
but
something
we
talked
about.
The
Thursday
meetings
as
well
is
voter
apathy
in
it
sensitization
and
the
risks
associated
with
that.
As
soon
as
you
create.
As
soon
as
you
create
a
way
to
profit
from
engagement,
then
you
almost
immediately
creates
people
willing
to
exploit
that
engagement
for
profit.
B
C
That's
the
thing
to
focus
on
right,
but
I
think
something
that
you
type
something
I
was
interesting.
Is
this
idea
of,
like
maybe
malicious
actors,
right
people
who
want
to
game
the
system
in
a
way?
C
And
that's
where
I
think
this
idea
of
like
human
vices
and
really
thinking
deeply
about
the
optimal
UX
perspective,
is
pretty
interesting,
like
we've
seen
this
in
regular,
regular
political
campaigns
and
things
like
that,
where
you
have
one
dominant
actor
who
like
can
spread
something,
that's
not
necessarily
true
to
influence
the
system
or
the
influence,
the
general
consensus
in
their
favor
right
for
what
everybody
thinks
are
benevolent
ideals,
but
in
actuality,
it's
really
malicious
with
that
right.
I'm,
really
thinking
deeply
about
like
the
human
cognitive
biases
that
we
have,
like
confirmation,
bias
anchoring
right.
C
You
know
the
availability
bias
like
all
of
these
different
things
have
to
be
like
really
people
thought
about.
I
think
for.
C
B
Right,
wow,
that's
amazing!
So
how
do
you?
How
do
you
come
up
with
these
paradigms
so
like
a
saying
earlier
that
we're
kind
of
in
an
uncharted
territory
a
bit
for
some
of
this
stuff?
So
is
there
some
secret
telegram
group
where
all
the
UX
engineers
get
together
and
decide
what
the
next
six
months
of
crypto
snow
look
like,
or
how
do
you
guys
come
to
a
consensus.
C
C
We
have
these
assumptions
about
the
government
government
interface
right,
based
on
just
talking
to
users
in
the
in
exploratory
way
and
after
having
that
initial,
every
P
and
then
talking
to
you,
know
10
people
and
users
10
hours
of
talking.
It's
something
it's
not
completely
different,
but
there
are
assumptions
that
we
made
that
were
completely
wrong
right.
So
I
think
this
idea
of
talking
to
users
over
and
over
and
over
again
and
really
trying
to
understand
their
perspective
and
where
they're
struggling
or
what
we
find
is
great.
B
C
That's
actually
going
thing,
I
think
that
I
can
take
user
experience
into
account
in
an
interesting
way
for
even
so
they're
like
centralized
ethos,
I
think
wine
based
really
does
music
experience
in
the
interesting
life
and
even
product
like
shape-shifts,
not
really
abstract
the
way
like
the
complexity
and
just
make
it
simple
to
use
for
users
like
and
Wendy
who
doesn't
understand
a
lot
about
Craig,
lack
of
I'm,
sure,
cookies,
shape-shift
and
trade.
You
know
some
east
for
a
Bitcoin
or
Numa
right
or
whatever
they
want
to
trade
for
right.
B
On
I
think
that
that
kind
of
makes
an
exhaust
stole
my
questions.
If
anybody
else
from
the
room
wants
to
ask
anything,
now
would
be
the
time.
If
not,
it
could
be
a
good
spot
to
sort
of
wrap
things
up
so
Jordan.
That
was
that
was
amazing.
This
good
talk,
I
think
that
we
might
need
to
get
you
back
on
soon.
Maybe.
C
B
We
released
the
government's
dashboard,
maybe
have
a
chat
with
some
of
their
users,
see
how
they
felt
about
it.
I'd
be
amazing,
yeah,
yeah,
I
think
so.
I
mean
all
right.
Thanks
like
thanks
for
joining
us,
thanks,
David
I
think
that's
it
for
us.
So
I'll
see
everybody,
hopefully
on
Thursday.
If
you
can
make
it,
but
otherwise
next
week,
thanks.