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From YouTube: Fabian Vogelsteller // An Ethereum Interview Series
Description
We sat down with Fabian Vogelsteller, DApp lead at the Ethereum Foundation, to discuss what Ethereum offers right now and his vision for what it will bring in the future. This series focuses on trying to explain Ethereum to a non-technical audience.
A
I'm
father
focused
July
I'm
got
into
aetherium
by
basically
following
it
since
since
beginning
since
inception.
I
find
this
to
be
a
really
interesting
project
and
one
of
the
cryptocurrency
projects
which
felt
the
most
promising
at
the
time.
I
was
working
for
the
startups
at
the
time,
so
I
didn't
I
had
time
to
really
full-time
like
to
like
spend
time
on
cryptocurrency
projects.
A
Then
there
was
a
successful
crowd
sale
for
the
theme
project
collecting
around
80
million
dollars,
which
gave
this
project
money
and
then
a
song
opportunity,
hey
I,
could
work
there,
but
like
because
I
was
rather
disorganized
or
decentralized
to
organize
crew.
It
was
really
hard
to
find
an
entry
point,
but
then
they
actually
moved
their
office
to
Berlin.
Why
I
was
spaced,
so
I
met
them
at
the
Bitcoin
center
opening
Berlin
talked
with
Aaron
there.
A
few
months
later
talked
to
him
again
and
the
board
rolling
I
started
building
the
applications
for
a
theory.
A
It's
like
a
layer
of
trust,
a
layer
of
some
information,
everybody
trusts,
even
the
government
or
corporations
or
the
little
people.
Everybody
can
trust
it
in
the
same
way
because
they
know
it's
completely
independent
of
all
of
these
layers.
So
it's
not
like
in
between
there
somewhere
and
you
would
stack
it
in
the
hierarchy
while
lower
it's
more
like
above
that
and
completely
detached
from
that,
because
it's
cooked
graphically
and
all
this
automatic
backup
verification
systems,
because
it's
proving
itself
in
its
own
way.
Everybody
will
trust
it
and
everybody
can
trust
it.
A
And
therefore
it's
like
a
god
layer,
it's
kind
of
like
the
automated
truth.
Everybody
trust
me
oxygen
technology
in
general
will
impact
our
lives
greatly,
because
it
will
reduce
barriers
for
communication.
Interacting,
you
probably
will
never
sign
out
the
fill
out
forms
anymore
in
your
life,
because
you
have
a
two-digit
identity
and
as
simple
as
clicking
a
button
or
allowing
access,
and
you
are
signed
up
to
a
service.
They
have
all
the
information
they
need
there
for
the
verification
they
need,
and
you
don't
need
to
give
any
of
this
paper.
A
Communication
is
sending
anymore,
while
still
being
in
control,
they're,
not
giving
away
your
control
to
some
external
entity
who
controls
your
identity,
so
therefore
sovereign
identity.
With
that
all
these
benefits,
you
will
be
easily
able
to
pay
for
things
everywhere.
Global
currency
is
the
default
so
paying
everywhere
and
not
caring
about
whether
this
is
Mike
or
where
or
whatever
currency
will
be
the
standard
paying
for
things
on
the
fly
in
an
automated
way,
for
example,
pain.
A
It
could
even
go
that
crazy
that
you
pay
for
a
traffic
light
for
you
to
become
faster
green,
so
you
have
like
a
queen
Green
Lane
and
it
cost
you
a
few
cents
old,
but
others
are
more
willing
to
wait.
So
they
don't
pay
that
you
can
basically
pay
automatically
for
everything
in
micro
cents.
If
you
want
to,
and
there
will
be
a
constant
stream
of
flow
of
money
around
you
with
all
kind
of
interactions
you
do.
That
will
not
mean
your
life
is
more
expensive.
A
It
might
even
be
that
your
life's
cheaper,
but
it
will
be
all
real
time
and
interactive
and
money
will
constant
flow
for
things
values
being
transferred,
and
this
will
also
mean
that
a
lot
of
people
who
currently
have
no
way
to
get
money
will
easy
earn
money.
And
although
the
money
goes
more
to
the
people
who
actually
created
things
in
the
terminal
middlemen,
who
will
catch
currently
catches
most
of
it
always
the
biggest
hurdles
to
overcome
will
be
obviously
the
scalability
and.
A
A
As
far
as
it
goes
with
adoption
and
and
tools
being
built
and
that's
being
built,
I
think
this
will
all
follow
automatically.
So
the
attraction
is
already
there.
The
traction
will
continue
to
grow.
It's
about
providing
a
solid,
stable
and
scalable
platform
in
the
course
of
the
next
years,
and
that's
just
a
matter
of
architecture.
A
So
I
would
like
to
see
improving
the
EVM
of
codes
like
adding
like
adding
things
improving
it
like
technology,
provide
wise
to
make
it
faster,
maybe
even
integrating
Martines
webassembly
ideas
or
somehow
make
it
more
flexible
to
adopt
other
systems
running
on
top
of
aetherium,
obviously,
ideally
engine
and
integrating
already
scalability
efforts
or
switching
to
proof
of
sake.
Though
we
have
to
see
how
secure
it
will
be,
how
good
will
work?
It's
still
like
a
research
to
be
the
topic,
but
basically
improving
that
architecture.
A
Important
will
be
very
important,
will
be
like
clients
being
able
to
interact
within
Thea
blockchain
without
downloading
all
and
everything,
but
basically
having
a
lite
version
of
that,
but
still
verifying
all
the
executions
yourself
once
this
is
coming
and
it
is
coming.
But
once
this
is
final,
we
will
see
more
by
clients
and
other
things
popping
up
really
fast.
A
I
say
the
most
exciting
ones
for
our
next
few
years
will
be
IOT
so
IOT,
because
here
you
have
the
problem
that
you
want
to
automate
that
and
you
don't
want
to
be
in
the
control
of
one
company
or
one
big
network,
the
IBM
cloud
of
IOT
or
the
Microsoft
cloud
Marriott.
Whatever
cloud
you
want
to
have
it
owned,
either
by
itself
or
by
the
people
who
control
all
the
devices
and
the
CM
allows
that
and
enable
said
well.
A
I
also
hoped
for
is
that
we
will
see
more
of
chain
interactions
which
use
the
blockchain
only
as
a
settlement
layer,
but
do
all
things
peer-to-peer,
because
this
gives
privacy.
This
gives
scalability
and
it's
basic
just
as
simple
as
sending
receipts
around,
which
is
just
message
passing,
but
still
gives
you
the
same
kind
of
certainties.
A
A
Obviously
it
works
pretty
well
for
crowd
sales.
The
cryptocurrency
in
general
is
the
absolute
ultimate
of
crowd,
sale
tool
a
far
superior
to
Kickstarter
any
of
these,
because
you
don't
need
to
sign
up
it's
a
click
and
you
actually
own
the
thing.
Even
if
Kickstarter
would
go
down,
you
still
have
your
equity.
A
A
Recent
flight
insurance,
for
example,
is
a
rather
simple
example
where
you
pay
in
a
premium
and
when
your
flight
is
delayed
because
it
automatically
gets
from
the
Oracle.
If
your
flight
was
delayed,
the
Condor
will
pay
out
automatically.
These
kind
of
things
are
something
you
can
actually
build
already
today
and
it's
a
very
useful
thing
to
have
and
like
these
simple
example,
it's
all
voting
from
Samba
law,
knowing
who
watch
puts
what
at
stake
for
certain
things,
so
first
I
would
say
a
theorem
is
not
like
a
last
word
in
this
one's
name.
A
A
A
A
So
the
advantage,
obviously,
is
the
flexibility
say
if
they
want
to
regulate
something
that
should
regulate
it
on
the
entry
points,
as
they
already
do
and
as
it
should
I
said,
standing
not
long
legs
as
well,
so
going
through
the
exchanges,
and
that's
already
the
case
actually
trying
to
regulate
something
which
is
just
such
a
fast
moving
target
makes
no
sense.
It's
just
plain
stupid,
especially
if
you
don't
even
fully
understand
internal
workings
and
they
aren't
changing
treated
as
a
black
box.
A
Blockchain
can
person
technology
completely
eradicate,
disrupt
creating
any
kind
of
problem
so
because
it
is
a
governance
tool
is
the
ultimate
of
governance.
I.
Think
governments
should
wait
for
these
things
settle
more
and
they're
scalable
things
are
settled
on
certain
mein
public
chains
or
other
consortium
chains,
and
you
actually
know
what
purpose
they
are
they
work
and
there
are
use
in
production
in
they
can
start
bringing
things
like
the
building,
automation
of
certain
bureaucracy
processes,
all
kind
of
like
taxation
issues.
All
these
things
can
be
automated
on
the
object
identity.
A
Any
kind
of
like
probably
I,
should
even
create
their
own
chain
at
some
point
and
to
send
internal
data
information
around
between
different
offices
and
make
such
a
information
flow
between
these
different
agencies
of
government,
not
different
departments
in
more
fluid
and
faster.
So
ultimately,
they
were
very
strongly
adopt.
All
of
this
technology,
but
they
will
be
probably
the
last
one
to
do
so.