►
From YouTube: Get Ready for Mainnet: Essentials for Block Producers
Description
We’re a software development company building Coda Protocol, a new cryptocurrency with a constant size blockchain, which can remain decentralized at scale.
A
B
A
D
A
A
All
right,
andrea,
do
we
feel
ready
to.
I
don't
know,
let's
already
join
so
we
can
start
on
time
or
do
we
want
to
wait
until
evan
and
ryan
joins
the
call.
A
I
think
it
goes
very
small,
you're
very
focused,
okay,
let's
give
evan
and
ryan
a
few
more
minutes
to
join.
We
hope
before
we
open
up
the
session
for
the
entire.
A
A
A
A
Hi
everyone
thank
you
for
joining
welcome
to
today's
session.
Let's
give
other
people
a
few
more
minutes
to
join
as
well.
In
the
meantime,
please
say
hi
in
the
chat
box.
If
you
haven't
done
already
introduce
yourself
and
tell
us
where
you're
from.
A
Hello
wow
people
from
colombia,
finland,
uk
san
francisco,
ukraine,
from
everywhere
vietnam,
nice,
let's
see,
okay,
we've
already
have
over
100
participants.
Now
perhaps,
let's
start
with
some
housekeeping
roles.
We
have
a
variable
agenda
and
we
have
a
lot
of
updates
and
information
to
share
with
you.
This
session
will
probably
take
a
bit
longer
than
one
hour,
probably
between
one
and
one
and
a
half
hour.
If
you
have
any
questions,
please
feel
free
to
ask
them
in
a
q,
a
chat
box
in
zoom.
A
This
is
not
the
same
chat
box
that
you're
using
to
introduce
yourself.
This
is
a
separate
chat
box.
You
can
also
upload
questions
from
other
members
at
the
end
of
the
session.
We'll
have
to
train
to
answer
a
few
of
these
and
for
everyone's
information.
This
session
will
be
recorded
a
recording
of
the
session
and
the
slides
will
be
available
in
the
next
week.
A
A
A
We
have
a
very
full
agenda,
we'll
start
off
with
the
vision
and
mission
statement,
a
small
reminder
of
what
we're
trying
to
accomplish
and
then
we'll
go
over
some
unique
incentives
on
mina
for
its
blog
producers.
That
can
especially
be
interesting
in
the
first
period
after
mainly
launch
after
that.
We'll
share
some
relevant
information
with
you,
including
helpful
resources
available,
tooling
and
amina
ecosystem
and
we'll
have
a
fireside
chat
on
a
very
important
topic.
A
A
A
A
A
A
A
E
A
To
oh,
no,
that's
not
supposed
to
happen.
Let
me
see
what
went
wrong.
A
Oh
okay,
this
is
not
what
what
was
planned.
Let
me
stop
sharing
my
screen
or
share
a
new
screen.
E
A
Here
we
already
have
135
people
voting
great,
I'm
ray
for
telling
me
about
the
slides
and
raising
it
about
the
poll
all
right,
so
maybe
just
a
step
back
so
people
you
all,
can
take
a
look
at
the
agenda.
This
is
it.
A
And
again,
the
vision,
our
big
dream.
D
A
With
elegance
we
mean
it's
simple
and
sophisticated:
it's
organic
and
emergent
it's
in
a
systems
design
and
there
are
healthy
incentives
and
it's
fair.
It's
democratic,
empowering,
safe
and
secure
and
private
and
protective
in
the
future.
It's
the
foundation,
it
affects
us
all
and
it's
borderless.
We
all
have
a
shared
faith.
A
A
A
So
again,
our
team
started
on
this
project
in
2017
and
it's
unbelievable.
How
far
we've
come
since
then
back
then
there
were
just
two
young
bright
minds
who
had
this
dream,
and
now
the
stream
is
shared
among
thousands
of
members
in
our
community
who
are
hailing
from
all
over
the
world,
as
you
just
saw
on
this
video.
A
We
are
also
amazed
to
see
that
now,
ahead
of
main
at
launch
already
200
members
plan
to
provide
speaking
as
a
service
to
mina's
users,
we've
also
seen
a
lot
of
contributions
from
the
community
to
the
minas
ecosystem
and
we'll
show
you
a
few
of
them
later
on.
In
the
session,
the
community
also
completed
10
language
translations
of
key
resources
and
hosted
over
more
than
over
10
mina
meetups.
A
A
A
A
F
I
am
yes
thanks,
christine
hi
everyone,
my
name
is
ben,
I'm,
the
head
of
business
operations
at
o1,
labs
and
I'll
just
talk
a
little
bit
briefly
about
block
rewards
and
how
they
work.
So,
first
I'll
just
talk
about
inflation
and
what
is
the
purpose
of
inflation?
F
So
the
way
the
protocol
sets
inflation
is
to
adjust
the
level
of
block
rewards
according
to
how
many
people
are
staking,
such
that
the
inflation
rate
is
is
set
at
the
target
that
you
see
in
that
table
there
now.
One
thing
I'll
note
is
that
this
dynamic
block
rewards
will
be
introduced
a
few
months
after
protocol
launch,
so
they
won't
be
there
from
the
launch
of
the
genesis
ledger
and
what
that
means
is.
In
the
first
instance,
block
rewards
will
be
fixed
per
block.
F
So
what
that
means
is
for
the
12
inflation
rate
to
be
reached
every
single
block
producer,
every
single
token
on
the
protocol
would
have
to
be
staking
in
order
to
hit
that
12
if,
in
the
likely
case,
that
not
every
single
person
is
staking
individual
block
rewards.
So
from
your
perspective
as
a
staker,
you
will
receive
a
12
sort
of
rate
of
block
reward,
but
the
rate
across
the
entire
protocol
will
be
lower,
so
the
actual
effective
level
of
inflation
will
be
lower.
F
As
I
said,
after
a
few
months,
the
dynamic
block
rewards
will
be
implemented,
and
that
will
mean
that
the
individual
block
reward
that
each
block
producer
earns
will
dynamically
scale
up
and
down
in
order
to
set
the
inflation
target
at
what
we've
got
here
in
that
table.
F
So
move
on
to
the
next
slide,
and
we've
just
got
a
couple
of
worked
examples
here-
to
show
the
impact
that
inflation
and
block
rewards
has
on
users.
And
what
we've
done
here
is
said.
You
know
for
user
a
and
the
left-hand
column
there,
what
their
tokens
look
like,
if
they're
not
staking,
and
for
user
b,
what
their
tokens
look
like
over
time
if
they
are
staking,
and
obviously
what
you
can
see
there
for
user
b,
they're
earning
tokens
over
time
and
their
total
token
balance
is
increasing.
F
F
Supercharge
rewards
exist
for
the
first
14
months
after
launch,
and
you
can
sort
of
think
of
them
as
an
extra
bonus
block
reward
on
top
of
what
is
already
provided
through
that
inflation
that
we
saw
on
the
previous
slides
now
supercharged
rewards
are
only
rewarded
to
accounts
that
are
fully
unlocked,
so
that
address
needs
to
have
no
locked
tokens
in
it
in
order
for
it
to
be
eligible
for
block
rewards,
if
there's
even
a
single
locked
token
in
that
address,
that
address,
won't
earn
supercharged,
rewards
and
the
way
the
protocol
sort
of
achieves.
F
This
mechanically
is
to
pay
out
twice
as
many
block
rewards
via
coinbase
transactions
whenever
a
block
is
produced
by
an
address
that
doesn't
have
any
time
lock
tokens
in
it,
and
also
it's
worth
noting
that
this
applies
both
to
delegated
and
direct
staking
one
sort
of
incentive
that
the
way
this
mechanism
works
sets
up.
Is
that
say,
for
example,
you
have
an
account
that
is
unlocking
its
unlocking
over
time.
The
portion
of
your
account
that
is
is
unlocked.
F
You
are
able
to
transfer
those
tokens
to
a
new
address
such
that
that
new
address
is
fully
unlocked.
There's
no
locked
tokens
in
that
new
address
that
you
can
transfer
out
of
and
that
new
address
that
is
fully
unlocked
will
be
eligible
for
supercharge
rewards.
So
that's
sort
of
one
thing
to
keep
in
mind
if
you're
trying
to
optimize
your
rewards
and
again,
you
can
see
here
on
this
table,
there's
sort
of
the
months
from
launch
and
then
the
supercharged
yield
target
that
supercharged
yield
target
includes
the
sort
of
regular
inflation.
F
The
regular
block
rewards
that
were
on
the
previous
slide.
So,
for
example,
in
the
first
five
months
of
the
protocol,
there's
an
extra
12
percent
that
you
can
earn
through
supercharged
rewards
that's
on
top
of
the
existing
12
percent
that
you
get
through
regular
rewards.
F
We
can
go
into
the
next
slide
and
then,
finally
again,
this
just
provides
a
couple
of
worked
examples
which
shows
the
impact
of
these
supercharged
rewards
on
the
first
year,
so
the
user
on
the
left
is
earning
only
regular
rewards.
So
that's
the
same
number
that
we
saw
on
the
previous
slide.
F
Talking
about
inflation,
the
user
on
the
right
in
the
right
hand,
column
is
receiving
those
extra
super
charge
rewards,
and
you
can
see
that
they're
getting
an
extra,
approximately
7
000
tokens
over
that
first
year,
due
to
those
supercharged
rewards
and
yeah
again.
This
shows
you
know
the
incentives
that
we're
trying
to
set
up
here-
and
you
know,
the
purpose
of
these
supercharged
rewards
is
for
people
that
are
fully
unlocked.
F
It's
to
try
to
get
them
to
to
keep
staking
we're
trying
to
set
up
that
incentive,
as
we
said,
to
improve
chain
quality
and
yeah,
it's
a
way
to
sort
of
reward
our
community
for
their
participation
early
on
in
the
protocol
and
the
one
one
sort
of
final-
I
guess
qualification
I
put
on
all
of
this-
is
that
the
mena
foundation
is
able
to
make
proposals
and
the
community
is
able
to
vote
on
future
potential
changes
in
the
rate
of
inflation.
F
This
is
what
we're
sort
of
proposing
from
the
launch
of
the
protocol,
but
this
is
all
subject
to
change
and
the
numbers
that
I've
put
here
are
sort
of
illustrative
to
to
help
educate
everyone
on
this
call.
But
you
know
they're,
certainly
not,
there's
sort
of
no
guarantees
necessarily
and
then
the
final
thing
I'd
say.
Actually,
oh,
it
was
on
the
previous
slide.
If
you
could
just
switch
back
to
the
previous
slide
christine
you
can
see
down
the
bottom.
There
there's
a
link.
F
A
You
thank
you
so
much
ben.
I
think
that
was
definitely
helpful.
These
are
very
interesting
incentives
for
blog
producers,
elena,
and
we
encourage
everyone
to
participate
in
block
producing
start,
sneaking
staking
and
help
with
realizing
a
more
decentralized
future.
A
A
And
you
don't
need
to
worry
if
you
are
currently
planning
to
delegate
you
can
change
to
staking
at
any
time
after
main,
at
launch.
It
takes
around
one
to
two
epochs
for
the
change
to
take
effect,
and
during
that
period
you
will
still
earn
block
rewards
from
delegating
for
those
of
you
who
participated
in
mina's
test
nets.
The
testness
only
had
a
duration
of
a
maximum
few
weeks.
A
A
And
then
to
help
you
get
started
with
running
nodes
and
producing
blocks
on
mina.
We
made
a
list
with
relevant
information
for
you,
so
this
slide
deck
will
be
made
available
to
you.
You
will
find
here
a
link
to
the
official
documentation
to
get
started.
The
link
to
the
recording
of
this
session.
A
This
court
is
where
minas
community
and
team
hangs
out,
there's
a
wealth
of
information
and
knowledge
over
there.
If
you
use
the
search
function,
I
believe
that
in
80
of
the
cases
you'll
find
an
answer
to
your
question
there.
So
please
take
a
look,
and
it's
also
fun
to
get
to
know
fellow
community
members,
so
we'd
love
to
see
you
over
there
on
discord
and
then
mina's
ecosystem.
A
D
Hello:
everyone
I'm
danny
from
dsrb
and
today,
I'm
very
excited
to
present
our
notice
service
platform
to
amina's
genesis
founding
members.
I'm
sure
that
what
I'm
introducing
today
will
be
something
that
all
of
you
will
hear
will
be
interested
in.
But
first
let
me
share
a
quick
demo.
Video
with.
G
D
D
Designed
for
anyone
who
wishes
to
run
their
own
node
with
minimum
cost
and
maximum
efficiency,
you
provide
both
the
hardware
and
the
software
to
launch,
monitor
and
manage
a
blockchain
node
with
simple
and
easy
interface.
Your
node
status
will
be
managed
in
no
dashboard
and
you
will
receive
alerts
via
email
and
phone
call.
If
any
error
occurs
or
major
update
becomes
a
minute.
D
C
D
Thought
that
it
would
be
great
to
have
an
easy
graphical
interface
to
round
it
out.
I
took
my
first
step
into
blockchain
with
mina
and
now
I
am
proud
to
grow
up
and
contribute
something
meaningful
and
useful
to
the
community.
We
will
also,
we
will
also
have
our
chrome
web
extension
for
easy
delegation.
Validator,
switching
and
claiming
rewards
shortly
head
over
to
app.dsrblabs.com
or
you
can
contact
me
on
discord
through
no
dashboard
channel
or
dm
thanks
and
enjoy
the
rest
of
the
main
event.
A
Wow,
thank
you
so
much
danny.
I
don't
think
that
running
a
note
on
mina
can
get
any
easier
than
this.
Then
he
joined
our
community
a
year
ago
when
he
just
learned
about
blockchain
technology
and
it's
really
amazing
to
see
how
he
has
grown
and
is
contributing
to
our
community
now.
So
thank
you
so
much
danny
and
the
dsrv
team.
A
Next
up,
let's
see
that
is
fitly
from
the
state
tab
team,
together
with
dhaka
and
waterday.
Today
they
built
a
staking
as
a
service
provider's
dashboard.
Italy
are
you
there.
H
Okay,
let's
start
we
have
a
quite
simple
and
the
same
time
useful
tool
for
the
community
stake
in
the
service
provided
dashboard
media
database.
So
we
started
making
a
disaster
quite
recently,
but
we
plan
to
develop
and
support
it
in
the
future.
H
H
Well,
here
is
the
dashboard
and
what
is
in
the
list,
the
total
amount
of
stakehold,
the
total
amounts
taken
and
the
possession
percentage
or
in
the
relation
to
all
coins.
H
Here's
a
fee
is
the
percentage
to
the
of
the
provider
that
takes
the
reward.
Here
is
the
amount
of
delegators.
This
column
shows
blocks,
entertainment,
economical
chain
and
all
produced
blocks,
canonical
change.
There
was
a
paid
fro,
revised
operators,
you
know
for
canonical
chain,
and
the
terms
is
often
how
often
the
valedictory
makes
payments
here
is
also
contacts,
quite
simple,
as
you
see,
and
in
terms
of
data
yeah,
we
strive
to
automate
it
as
much
as
possible.
At
the
same
time,
not
all
the
validators.
H
I
H
Also,
we
do
not
display
the
entire
list
of
validators
for
the
reasons
that
someone
might
not
want
to
be
a
stake
in
provider.
Validator
have
already
provided
the
information
and
continue
to
do
so.
So
we
collect
this
data.
H
H
As
I
already
said,
there
are
several
features
on
which
work
is
already
underway.
First,
we
plan
to
improve
the
current
list.
Search
features,
improve
research,
sorting
and
so
on.
The
second
is
a
bigger
update.
We
plan
to
to
prepare
a
list
of
delegations
so
for
each
provider
and
details
of
current
and
potential
rewards,
and
we
also
plan
to
make
several
statistics
and
a
number
of
additional
information
statistics.
A
Okay,
I
don't
know
what
is
working
correctly
but
yeah.
Thank
you
so
much.
I
cannot
believe
that
we
already
have
almost
200
speaking
as
a
service
providers
ahead
of
maine
at
launch.
Thank
you.
Thank
the
state,
tap
team,
so
much
for
building
this
for
the
mina
community
and
then
we'll
go
to
the
next
one.
A
That
is
last
but
not
least,
the
tool
that
most
of
you
already
know
and
have
been
using
in
minas
testnet,
the
blog
explorer
built
by
gareth
davis.
Are
you
there
there
gareth.
J
Not
sure,
what's
going
on
there,
can
you
show
yours
again,
christina
I'll,
just
talk
on
your
slide.
J
Okay,
great
hey
everyone,
I'm
gareth,
and
I
think
you
are
all
familiar
with
menaexplorer.com,
which
was
the
first
block
explorer
of
mina,
has
been
running
for
about
18
months
now,
although
it's
had
quite
a
few
updates
along
the
way.
J
J
J
J
A
Okay,
thank
you
so
much
gareth
for
sharing
this
gareth
joined
the
meanest
testnet,
since
I
think
testnet
beta
and
the
block
explorer
that
he
built
has
supported
the
testnet
users
for
over.
I
think
20
test
net
releases
and
it's
amazing
to
see
how
feature
complete
the
mina
explorer
has
become.
Thank
you
so
much
gareth.
A
A
C
A
A
I
All
right,
everyone
hi-
this
is
chris
f,
I'm
one
of
the
media
community
here
and
I've
been
running
nodes
and
having
a
lot
of
fun
on
the
test
nets
for
quite
a
while
now
with
the
maintenance.
Almost
here,
it's
a
really
good
chance
to
get
a
strong
reminder
on
how
important
security
is,
and
I'm
really
glad
to
be
here
today
with
ryan.
B
Hey
everybody,
so
I'm
ryan
I've
been
involved
in
kind
of
the
broader
security
community
for
a
number
of
years.
At
this
point
and
and
protected
my
kind
of
fair
share
of
scary,
you
know
corporate
things
as
well
as
run
a
number
of
kind
of
high
profile
services
on
the
internet.
I'm
super
excited
here
or
to
be
here
to
talk
about
kind
of
all
the
fun
bits
about
running
your
new
notes
safely
and
securely.
I
All
right
before
we
get
into
it,
can
you
guys
please
take
a
moment
just
to
read
the
disclaimer
here,
there's
no
way
that
you're
going
to
be
able
to
learn
everything
you
need
to
know
about
security
in
10
minutes,
but
this
stock
should
give
you
a
place
where
you
can
start
your
research,
so
we're
about
to
launch
into
the
media
mainnet
and
it's
one
of
the
most
exciting
times
in
a
crypto
project's
life.
B
Yeah,
so
our
goal
with
this
chat
today,
specifically,
is
to
kind
of
give
you
a
good
primer
to
make
sure
that
you're
not
part
of
that
group
right
and
that
you
also
have
kind
of
the
good
tools
and
security
mindset
necessary
to
protect
your
nodes.
This
is
actually
really
important,
because
protecting
your
node
actually
helps
secure
the
entire
network
as
a
whole
and
and
really
by
doing
a
little
bit
of
security
hygiene
just
right
out
the
gate.
B
And
you
know
in
that
right:
if
somebody
has
access
to
your
keys,
then
they
can
really
impersonate
you
on
the
network,
and
that
means
that
they
can
do
all
sorts
of
nefarious
things,
and
the
most
important
thing
that
you
can
really
do
here
is
to
keep
your
keys
safe
and
secure,
and
nobody
from
o1
labs
will
ask
you
for
your
private
keys,
as
chris
said
just
don't
give
them
to
anybody
right,
but
with
that,
you
also
want
to
make
sure
that
you
are
backing
them
up
securely
as
well,
because
if
you
lose
your
keys
again
that
that's
you've
lost
your
identity
and
and
we'll
touch
on
that
in
on
the
next
slide.
B
I
And
you'll
have
to
find
those
keys
again
in
two
or
three
years
as
well.
So
it's
a
bit
of
a
long-term
thing,
all
right!
Well,
you
can
see
on
our
slide
we're
going
to
cover
three
points
here
and
if
you
could
go
through
them,
ryan,
let's
see
we'll
start
the
first
one.
What
do
you
mean
by
this
single
purpose?
Node.
B
Yeah,
so
when
you
run
services
on
the
internet
right,
you
generally
want
to
keep
things
somewhat,
firewalled
off
from
one
another
right
and,
and
so
with
single
purpose
nodes.
I
mean
you
basically
want
to
run
amina
node
and
not
have
this
be
a
shared
infrastructure
with
other
services
or
other
people.
You
really
want
this
to
just
be
a
box
that
just
does
nothing
but
produce
meta
blocks,
which
was
a
fun
rhyme.
B
So,
essentially,
you
want
to
provision
a
new
box
generate
your
keys
on
there
and
then
securely
encrypt
them
in
order
to
get
them
off
of
that
box
and
then
put
that
in
something
like
password
manager
right
now,
you
don't
necessarily
have
to
encrypt
them
when
they
leave,
but
it
is
a
very
good
idea
and
definitely
definitely
definitely
keep
them
somewhere
safe,
like
a
password
manager,
if
you're
going
to
back
them
up
well
what
you
should
be
doing
right.
I
B
Yeah,
so
firewalls
are
one
of
the
most
effective
mitigations
that
exists.
It's
one
of
those
things
that
attackers
can't
attack
things
that
they
can't
talk
to.
So
the
idea
here
is
that
you
really
want
to
restrict
down
the
ports
that
you're
exposing.
There
are
some
kind
of
administrative
ports
as
part
of
the
media.
Node
absolutely
make
sure
those
are
not
sitting
on
the
open
internet,
because
people
will
come
along
eventually
and
find
them
and
then
do
potentially
bad
things
right.
B
Another
word
of
caution
here
is
that
docker,
if
you're
running
your
mina
nodes
with
docker
tends
to
bypass
ip
tables,
so
definitely
do
some
checking
and
testing,
for
yourself
of
you
know
check
on
a
different
server
that
those
ports
are
actually
closed
or
check
from
your
home
network
or
or
whatever
it
is.
B
I
Yeah,
that's
great
and,
like
you
mentioned
there,
the
mina
guide
has
the
information,
and
you
can
always
ask
questions
about
any
of
these
things
in
the
mina
channels
and
there's
so
much
information
on
the
internet
about
this
that
you
can
find.
It
is
your
responsibility
to
take
care
of
your
own
security
here
all
right.
Let's
have
a
look
at
the
next
one.
There
could
you
talk
a
little
bit
about
the
securing
ssh.
B
Yeah,
absolutely
so
so
kind
of
as
part
of
a
holistic
securing
your
node
thing.
You
obviously
want
to
secure
your
access
path
to
that
node,
and
so
the
recommendation
here
is
generally
like
shy
away
from
using
passwords
passwords.
Are
you
know,
easily
duplicatable
and
and
generally
not
a
good
security
control?
You
want
to
use
something
like
ssh
keys
only
so
if
you
spin
up
your
node
in
aws,
they
kind
of
force
this
some
other
providers.
Don't
do
that
you.
B
Another
good
step
that
you
can
take
is
to
make
sure
that
your
ssh
keys
will
never
get
compromised
by
using
something
like
a
ubi
key
where
you
can
just
generate
your
ssh
keys
on
it
and
then
at
that
point
you
have
to
have
a
physical
hardware
token
in
order
to
actually
access
that
ssh
key.
That
then
gives
you
access
to
your
node
right.
B
Additionally,
there's
some
other
things
that
you
can
do
around
integrating
duo
with
pam,
which
is
like
the
login
controller,
for
you
know,
ssh,
where,
when
you
log
in
it'll,
send
a
push
notification
to
your
phone,
that
says:
hey
is
this
you
and-
and
you
can
say
yes
or
no,
and
and
it's
a
nice
guarding
feature
to
your
node
at
that
point.
So
with
that
too,
you
know
another
thing
that
people
often
overlook
is
their
cloud
providers
right.
Not
all
cloud
providers
are
the
same.
Some
don't
offer
vector
auth.
B
Some
are
really
good
about
it,
and
you
know
it's
kind
of
everything
in
between,
so
keep
in
mind
that
if
you
have
all
of
this
ssh
security
and
you've
run
your
node
100
perfectly,
and
you
have
a
provider
that
then
has
either
some
social
engineering
aspects
to
it
that
are
possible
or
no
two-factor
off.
Then
an
attacker
can
just
get
into
your
admin
panel
and
restart
your
box
using
kind
of
the
administrative
controls
and
that
to
the
loss
of
your
private
keys.
B
So
just
be
aware
of
all
those
things
right,
you
want
to
really
think
about
how
how
to
access
your
box
and
in
the
ways
that
are
secure
and
that
only
you
can
access
right.
I
I
I
love
those
ub
keys,
they're,
so
useful
for
so
many
things.
Oh
yeah!
Well,
let's
quickly
just
go
through
a
couple,
other
things.
What
do
you?
What
do
you
have
to
say
about
software
patching
and
updates.
B
Yeah
so
software
patching,
you
know,
obviously
it's
good
security
hygiene.
You
should
be
patching
everything
all
the
time
and
and
it's
one
of
those
that
the
good
thing
here
is
that
we're
kind
of
talking
about
defense
in
depth.
So
realistically,
if
your
operating
system
isn't
patched
every
single
day
by
not
doing
things
like
running
a
bunch
of
other
services.
On
that
same
node,
you
reduce
your
risk
exposure
because
then
your
only
risk
is
basically
the
one
port
that
you've
got
open,
which
is
the
mina
daemon.
B
Now
mina
is
an
ever
evolving
thing
and
and
obviously
these
guys
are
working
very
hard
to
push
out
updates
and
stuff.
So
you
should
definitely
make
sure
that
those
are
up
to
date.
But
realistically
you
should
just
be
patching
everything
all
the
time,
which
is,
I
know,
not
a
fun
thing,
but
it's
security,
hygiene
stuff
right.
I
Great
yeah
all
right.
Well,
let's
see
what
I
know.
These
are
not
really
comprehensive
by
any
means,
but
if
you
ensure
your
server
has
a
low
exploitation
surface,
I
think
it's
going
a
long
way
towards
it
and
we'll
be
releasing
the
wiki
page
amino
wiki
page
where
you
can
follow
up
on
these
things.
There's
a
lot
we've
talked
about,
so
you
can.
You
can
follow
it
up,
so
we've
covered
quite
a
lot
there
quite
quickly,
but
it's
worth
everyone
checking
out
afterwards.
I
All
right!
Well,
as
we
said
you're
not
going
to
learn
everything
you
need
to
know
about
security
in
10
minutes,
but
you
should
have
a
good
place
to
start
from
this
and
there's
a
lot
of
resources
out
there.
Please
use
them,
and
I
got
to
say
running.
A
note
is
actually
a
lot
of
fun
and
the
experience
you'll
gain
from
this,
particularly
with
security,
will
really
really
benefit
you
in
so
many
areas
of
your
life,
especially
your
online
life,
so
onto
mainnet.
B
Yeah
thanks
a
lot
everybody
for
joining
us
and,
like
chris
said,
if
you
guys
have
any
questions
on
anything,
security
related
just
feel
free
to
drop
into
the
meena
discord,
and
somebody
will
absolutely
help
you
yeah
yeah,
good
luck
with
everything,
everybody
and
thanks
a
lot.
B
A
Thank
you
so
much
chris
and
ryan.
I
loved
your
chat
and,
as
ryan
said
and
chris,
if
you
have
any
questions
or
if
you
have
also
a
good
experience
or
tips
to
share
with
the
community,
please
head
to
the
security
channel
on
discord
and
we
can
continue
the
conversation
on
this
topic
there.
A
A
A
A
Just
please,
and
where
can
you
perhaps
do
it.
A
A
Yes,
this
one
okay,
so
if
you
can
click
emray
and
thank
you
for
saving
the
day,
yes,
so
on
march
15th,
that's
when
we
will
initiate
the
mainnet
release
candidate,
we
will
invite
cprs
and
other
blog
producers.
A
If
you're
part
of
this
group,
you
will
be
contacted
by
email
and
we'll
also
send
out
an
announcement
on
discord.
So
please
keep
an
eye
out
on
the
channel
under
the
mainnet
category,
if
you
can
click
again,
emre.
A
Yes,
on
march
16th,
that
is
the
official
launch
of
the
release
candidate,
all
block
producers
will
be
able
to
connect
and
start
snake
staking,
and
we
recommend
everyone
to
do
so
within
48
hours
in
the
next
the
graduation
criteria.
After
the
launch
of
the
release
candidate,
we
will
monitor
the.
We
will
monitor
it
for
several
days
if
there
are
no
critical
alerts
and
if
the
chain
quality
is
sufficient,
then
the
release
candidate
will
graduate
into
becoming
the
main
net.
A
If
the
participation
is
low
and
the
chain
quality
is
also
low,
then
the
release
candidate
will
not
graduate
into
the
mainnet.
So,
that's
why
it's
really
crucial
for
everyone
to
treat
the
release
candidate
as
the
actual
mainnet
and
participate.
K
A
A
Okay,
this
announcement
was
also
shared
yesterday
on
the
blog
of
mina
protocol.
So
if
you
want
to
read
more
about
it
feel
free
to
check
it
out,
thank
you.
Emory.
Can
we
go
to
the
next
slide.
A
Yes,
so
next
up
is
brandon
from
the
engineering
team
he's
going
to.
K
K
Yes,
so
can
we
go
to
the
next
slide?
K
So
there's
a
couple
things
there's
two
slides
worth
of
things
that
that
we've
written
down
so
so
one
one
big
thing
is
optimization.
We
we
want
to
make
it
cheaper,
basically
to
to
run
a
block
producing
mode,
snark
workers
etc.
So
reducing
the
hardware
requirements.
That's
that's
going
to
be
a
big
focus.
K
Another
thing
is
we're
going
to
be
working
to
get
the
ledger
hardware,
implementation
of
of
mina-
that
currently
you
can
use
on
your
ledger.
Nano
s
into
ledger
live
this
will
make
it
easier
to
use
on
your
nano
s
and
it
will
make
it
possible
to
use
on
the
nano
x.
Another
thing
that
we're
going
to
spend
a
bunch
of
time
on
is
improving
our
documentation.
J
K
We
have
we
have
great
stuff,
but
we
could
have
more
I'll
leave
it
at
that.
Let's
go
to
the
next
next
slide,
so
we're
also
going
to
be
working
hard
to
get
snaps
ready
for
mainnet.
So
I'm
sure
you
all
have
heard
about
snaps
from
us.
I'm
not
even
going
to
go,
go
into
in
more
detail
than
that,
but
but
yeah
it's
it's
very
exciting
and
it's
something
we're
gonna
focus
on
and
then
and
then
on.
The
horizon
also
is
non-consensus
notes.
K
So
these
are
the
the
lightweight
clients
that
actually
realize
the
the
true
you
know
mena
is
22
kilobytes.
It's
it's
engineering
work
that
we
have
to
do
so
and
and
just
to
make
sure
everyone
is
aware
I'll
hammer
this
point
in
they
have
full
security.
It's
not
like
a
light
node
in
other
networks.
K
You
fully
verify
the
chain
with
these
nodes
and
then
finally,
we
will
have
some
hard
forks
that
are
planned
so,
for
example,
in
order
to
make
snaps
part
of
mainnet
we're
going
to
have
to
hard
fork.
So
so
we
are
planning
for
hard
forks
around
every
six
months
in
the
short
term
and
then,
of
course,
as
the
network
matures
we'll
reduce
the
frequency
of
these
planned
hard
forks
to
well.
K
K
One
one
note
we'll
also
have
the
I
just
lost
my
train
of
thought.
Anyway,
here's
here's,
here's!
Here's
what's
coming
up.
A
A
A
There
are
a
lot
of
exciting
things
coming
up,
so
many
launch
is
only
to
start,
and
now
we
arrive
at
the
q,
a
section
before
we
start
with
the
q,
a
I'm
going
to
launch
a
new
poll,
we're
really
curious
to
know
whether
you're
planning
to
stake
or
delegate
and
whether
you
feel
ready
for
mainnet
all
right
and
then
q
a
we
have
emory
here
from
the
business
development
team
and
brandon
from
the
engineering
team.
To
answer
your
questions,
let's
look!
Oh
so
many
questions.
A
We
don't
have
time
to
take
them
all,
but
let's
see
which
one
we
can
take.
Let's
see,
okay,
perhaps
this
one:
oh,
it
disappeared,
okay,
another
one!
Then,
oh
here,
why
was
seven
percent
an
inflation
target?
This
is
a
question
from
samuel
parker
and
he's
asking
in
particular,
because
that's
a
dynamic
target
that
seems
very
high,
especially
compared
to
most
till
emissions,
which
curve
asymptotically
down
to
zero.
E
Sure
I
can
take
that
thanks
for
the
question,
it's
indeed
important,
to
know
where
the
direction
is
headed.
With
regard
to
block
rewards,
I
want
to
preface
this
with
two
things.
E
One
of
them
is
that
this
is
an
initial
proposal
right
that
o1
labs
made,
which
is
to
start
with
12
asymptotically,
get
down
to
seven
percent,
but
hold
it
stable
there.
It
is
a
proposal
with
mina
launching
we
or
one
lab.
No
longer,
you
know,
has
any
control
or
any
say
on
what
which
direction
the
community
takes
it.
So
if
the
community
wants
to
make
it
lower,
that's
entirely
possible
either
via
one
of
the
planned
hard
forks
or
with
another
hard
fork
that
can
be
brought
up
by
the
community.
E
So
that's
number
one
number
two
is
just
to
remind
everyone
that
in
proof-of-stake
networks
inflation
doesn't
necessarily
mean
that
token
holders
get
inflated
out
right.
You
can
either
stake
or
delegate
directly
yourself,
so
your
percentage
of
ownership
of
the
network,
if
you
take
the
right
actions,
always
stays
the
same.
In
fact,
with
supercharged
awards,
one
of
the
goal
there
was
to
give
community
members,
as
well
as
early
holders
of
the
tokens
with
unlocked
tokens,
a
chance
to
increase
their
percentage
ownership
of
the
network.
E
With
these
said,
I
want
to
challenge
first
of
all
that
it's
much
higher
than
other
networks.
It
depends
there
are
networks
with
much
much
higher
inflation
rates
as
well.
There
are
networks
with
dynamic
inflation
rates
and
I
would
say
that
seven
percent
actually
falls
by
sonar
research
at
least
somewhat
in
the
middle
of
networks,
with
inflation
rates,
some
might
go
down
to
zero
percent
and,
as
was
previously
said,
that
is
actually
entirely
possible
if
the
community
wants
to
take
it
in
that
direction.
E
So
this
is
entirely
for
the
benefit
of
the
network
to
maintain
the
security
and
the
performance
of
the
network.
Again,
it's
a
proposal.
So
if,
over
time
it's
seen
to
be
indeed
too
high,
then
you
know
it's
entirely
again.
I
I'm
maybe
repeating.
J
A
Answer
I
hope
that
helps
answering
the
question
from
the
member.
Let's
see
next
one,
it's
also
about
supercharged
rewards
from
oleg
nikolenko
to
get
supercharged
rewards
means
you
have
to
stake.
Your
unlocked
tokens
is
that
the
key
term.
K
Yes,
yes,
so
that's
exactly
right,
you
you!
You
need
to
have
an
account
that
only
has
unlocked
tokens
in
it
and
if
that
account
wins
a
block
either
by
being
a
block
producer
or
delegating
to
someone
the
even
and
just
to
be
clear,
even
if
the
account
you're
delegating
to
has
locked
tokens.
K
If
your
account
is
responsible
for
winning
the
block,
then
the
that
that
block
will
have
supercharged
rewards
and
vice
versa,
if
the
account
that's
producing
blocks
is
unlocked.
But
someone
is
delegating
to
you
with
locked
tokens
and
the
account
with
lock.
Tokens
is
responsible
for
making
the
block
the
reward
will
not
have
supercharged
reports.
K
So
so
what
this
means
you
currently,
if
you're
a
gfm
or
or
received
a
grant,
you
have
an
account
in
the
genesis
ledger
that
has
locked
tokens
in
it
as
you
acquire
unlocked
tokens
either
by
staking,
or
you
know,
trading
with
other
people.
K
A
Thank
you
brendan
next,
one
from
rusty's
love
balashov.
Will
you
launch
telegram
channel
for
urgent
updates
for
genesis
members?
I
think
this
is
actually
a
question
for
andrea
on
our
team.
C
Yeah
sure
hi
everyone
congratulations
again
on
making
it
here
and
we're
really
excited
to
be
launching
it
with
you
all
soon.
C
This
is
a
great
question,
so
yeah
we
will
be
having
an
alert
system
once
we
launched
maynet,
so
you
all
have
filled
out
your
cell
phone
number
and
one
of
the
forms
when
you
are
submitting
your
keys
for
mainnet
and
we'll
be
using
those
cell
phone
numbers
to
alert
you
via
sms
or
text
and
then
we'll
be
directing
you
from
there
to
go
to
the
main
block
producers
channel
over
on
discord
and
that's
it.
Let
us
know
if
you
have
any
more
questions.
A
Thanks
andrea,
let's
see
next
one
from
roman
legeloff.
What
are
the
benefits
of
mina
working
with
ethereum.
E
E
Obviously
the
fact
that
mina
is
this
very
elegantly
designed
sustained
blockchain
is
still
there,
but,
in
addition
with
snaps
mina
becomes
this
additional
layer
1
or
feature
enabling
protocol
to
existing
applications
out
there
in
the
space
for
data
privacy
and
oracle
like
features,
so
it
becomes
really
important
that
mina
much
like
other
layer
ones,
but
in
our
own
specific
direction,
which
is
to
provide
these
additional
features
to
applications
in
the
space
that
it
is
trustlessly
connected
to
other
blockchains
out
there.
E
You
know,
there's
this
larger
conversation
out
in
the
space,
whether
okay,
there's
layer,
twos
are
gonna
win
like
ones,
I
would
argue,
with
all
these
bridges
being
built
across
many
different
blockchains,
that
the
line
gets
quite
blurry.
What
is
a
layer
two?
What
is
the
layer
one,
but
without
going
too
much
in
that
direction?
E
Ethereum
is,
I
would
say,
objectively
the
largest
and
most
valuable
other
blockchain
out
there
with
you
know
very
objectively
again
taking
the
role,
the
main
settlement
layer
in
addition
to
bitcoin,
perhaps
the
main
settlement
layer
of
the
crypto
ecosystem.
So
we
find
it
very
important
that
you
know
applications
that
want
to
get
the
benefits
of
mina
don't
have
to
carry
over
their
other
stuff
from
ethereum
or
in
the
future
from
other
chains
over
to
meena.
E
If
they
choose
to
do
so
to
learn
from
the
and
take
advantage
of
the
benefits
of
mina
as
a
layer-
one
that's
great,
but
if
they
don't
want
to
if
they
or
if
they,
you
know,
don't
want
to
later,
it's
very
important
that
mina
can
trustlessly
provide
these
features,
and
this
happens
via
bridges
and
that's
why
we
have.
The
mena
foundation
is
announced
with
the
ethereum
foundation,
a
joint
grant
to
do
the
underlying
work
required
for
a
bridge
which
is
for
the
pickles
construction,
which
is
not
construction
of
mina
to
get
verified
on
ethereum.
E
So
yeah.
That's
why
we
find
it
important,
but
this
is
by
no
means
limited
to
ethereum.
That's
where
we're
starting
as
other
layer,
one
gain
traction.
We
will
also
start
working
with
those
foundations
or
communities
to
establish
bridges.
A
Cool,
thank
you
very
much.
Emory,
it's
exciting.
Next,
one
from
hello
bear
vodka
balala!
I
love
the
name.
Can
the
malicious
actor
intentionally
stake?
His
locked
tokens
on
accounts
aiming
for
the
supercharged
rewards.
K
Can
a
malicious
actor
intentionally
state
his
locked
tokens
on
the
accounts
aiming
for
the
supercharger
awards?
So
what
I
guess
can
a
mullet
here
here
here
is
the
attack
as
I'll
I'll
restate
it.
If,
if
you
see
an
account
that
has
unlocked
tokens,
you
can
delegate
your
locked
tokens
to
that
account
and
then,
if
that
account
wins
a
block
with
the
lock
tokens,
then
they
don't
get
the
supercharge
reward.
Well,
it's
not
much
of
an
attack
because
you're
just
giving
more
stake
to
the
account
which
is
just
making
it.
K
So
you,
the
attacker,
lose
tokens
and
the
person
who
you're
trying
to
attack
actually
just
gets
extra
tokens.
Even
if
you
know
those
aren't
supercharged
so
yeah.
So.
A
All
right,
thanks
brendan,
I
hope
that
explains
it
next,
one
from
wei
wong.
Can
everyone
do
block,
producing
or
only
special
ones
in
a
community?
Can
everyone
participate.
E
I
I
can
take
that
mina
does
not
have
a
limit
or
any
sort
of
requirements
on
your
number
of
tokens
or
anything
else
to
become
a
block
producer.
It
is
open
to
anyone.
E
The
one
limitation
for
this
at
launch
might
be
that,
because
the
you
know
the
vast
majority,
if
not
all
of
the
tokens
will
be
locked,
it
will
be
hard
to
find
tokens
to
stake
with.
E
A
Thank
you
another
question
from
aditya
kumar
verma.
Why
is
it
designed
like
this?
Why
do
supercharged
rewards
get
rewarded
to
the
wallet
with
us,
no
locked
tokens?
E
Yeah,
so
so
this
is
a
thing
for
mini
layer,
one
proof
of
stake
layer,
ones
that
launch
right.
The
fact
that
you
don't
want
to
suddenly
flood
the
network
or
the
the
market.
Let's
say
with
unlocked
tokens
and
that's
why
and
for
other
reasons,
initial
grants
and
other
distributions
or
allocations
are
locked.
E
We
have
found
it
important
to
incentivize
further
these
token
holders
to
make
sure
that
they
are
in
need
staking
because
otherwise
they're
actually
losing
up
on
a
lot
of
rewards.
We
also
when
looking
at
the
initial
token
allocation
of
the
of
the
mina
tokens,
which
you
can
find
on
a
blog
post,
we
recently
posted.
E
We
found
it
important
to
be
able
to
allocate
a
good
percentage
of
those
initial
tokens
to
these
token
holders.
What
one
might
call
you
know,
community
members
or
holders
that
come
and
find
the
project
afterwards.
So
not
early
adopters
like
this
group,
but
those
later
for
them
to
also
benefit
from
some
of
the
initial
token
sets
right
which,
if
these
were
not
going
to
supercharge
awards,
they
would
have
gone
elsewhere.
E
So
that's
why
we
found
it
important
to
have
these
extra
incentives.
We
will
see
how
they
perform.
Admittedly,
it's
not
there
in
every
network,
but
we
all
ultimately
want
unlocked
token
holders
which
are
usually
later
comers
to
the
protocol,
to
also
be
extra
incentivized
to
be
staking
to
to
preserve
the
integrity
of
the
network.
A
Thank
you
emily
and
then
we're
actually
over
time.
So
let's
just
take
one
last
question
and
then
go
to
the
next
part
of
the
presentation.
A
question
from
ivan
diaz
perez
regard
regarding
the
mainnet
release
candidate
is
participation
of
non-stakeholding
participants
available
or
desirable.
K
I
can
take
this.
Yes,
you,
it
is
available.
The
the
question
disappeared
in
my
q,
a
but
it's
okay.
I
remember
it
so
you
you
may,
and
and
what
you
will
do
by
by
participating,
is
helping
to
secure
the
the
network
by
verifying
the
stock
proofs.
You
can
participate
as
a
smart
worker
without
stake,
and
then
you're,
actually,
you
know,
participating
in
consensus
in
another
way
and
yeah.
K
It's
it's
great,
it's
desirable
because
we
want
as
many
people
to
participate
as
as
possible,
but
it
it
doesn't.
It
won't
affect
the
chain
quality
parameter
that
we
are
using
to
as
one
of
the
factors
for
designating.
You
know
that
the
release
candidate
be
promoted
to
mainnet.
Now,
yes,.
A
Great,
thank
you
so
much
and
thanks
everyone
for
all
these
thoughtful
questions.
I
know
that
there
are
still
a
lot
of
open
questions
please,
after
this
call,
you
can
go
to
discord
and
ask
your
questions
there
and
we'll
try
to
answer
your
questions.
There.
F
Christine
sorry,
let's
quickly
jump
in
and
just
clarify
one
thing.
I
saw
one
comment
from
mike
about
this
attack
on
delegating
the
tokens.
I
just
wanted
to
just
clarify
that
and
granted
feel
free
to
jump
in
here.
If
I'm
misrepresenting
this,
but
delegating
a
single
locked
token
to
a
fully
unlocked
account
does
not
prevent
that
fully
unlocked
account
from
receiving
supercharged
rewards,
so
that
is
not
actually
an
attack
vector.
K
Yeah,
all
that
would
do
is
the
the
account
that
was
unlocked
would
just
win
more
blocks
and
the
ones
that
it
would
win
because
of
the
locked
tokens
would
be
not
supercharged,
but
the
ones
that
it
was
already
going
to
win
and
continue
to
win
from
unlocked
tokens
will
be
will
be
supercharged.
A
Oh,
that's
great,
thank
you
ben
for
highlighting
it
well.
So,
as
I
said,
if
you
have
any
questions,
please
head
to
discord
and
ask
them
there
and
we're
nearing
the
end
of
the
presentation
before
we
end
it,
we'd
like
to
invite
our
ceo
and
co-founder
evan
shapiro,
to
share
a
few
words
with
all
our
future
users.
G
Hello,
hey
everyone.
I
I
just
want
to
like.
Stick
us
take
a
step
back
and
just
really
just
thank
everyone
for
coming
on
this
journey
with
us
really
excited
to
launch
mainnet
together
soon-
and
I
I
I
I
guess
I
just
want
to
say
like
I
think
we
built
something
pretty
special
here
like
both
between
the
technology
and
the
community,
and
I
I
think
it
like
gives
us
a
lot
of
potential
for
what
we
can
build
in
the
future
and
a
lot
of
potential
for
how
we
can
grow
and
build.
G
But
I
think,
can
be
a
really
unique
community
that
can
be
really
inclusive
and
just
grow
beyond.
I
think
a
lot
of
what
we've
seen
in
other
other
projects,
so
I
just
want
to
like
thank
you
for
sticking
in
there
as
we've
worked
together
to
like
hammer
out
like
working
protocol.
I
know
it's
like
been
a
long
road
at
times,
but
I
think,
like
we've
gotten
to
a
really
good
place
and
yeah.
G
I'm
just
really
excited
to
go
to
the
next
steps
and
the
next
milestones
with
you
all
so
yeah
thanks
again
and
I'm
excited
to
launch
a
minute
with
you
all
soon.
A
Thank
you
so
much
evan
and
I
think
our
entire
team
shares
this
feeling.
We
are
really
happy
with
where
we
are.
We
feel
that
our
technology
ecosystem
of
blog
producers
and
community
is
ready
to
take
the
next
step
so
yeah.
I
think
that
brings
today's
session
to
an
end.
Thank
you
so
much
for
joining
us
today
and
we
hope
that
this
was
helpful
for
you
to
prepare
for
maynet
and
we're
really
excited
for
the
next
period.