WEBVTT Kind: captions Language: en 00:00:00.000 --> 00:00:01.470 align:start position:0% foreign 00:00:01.470 --> 00:00:01.480 align:start position:0% foreign 00:00:01.480 --> 00:00:11.330 align:start position:0% foreign [Music] 00:00:11.330 --> 00:00:11.340 align:start position:0% 00:00:11.340 --> 00:00:14.709 align:start position:0% [Music] 00:00:14.709 --> 00:00:14.719 align:start position:0% 00:00:14.719 --> 00:00:17.510 align:start position:0% after<00:00:15.719> such<00:00:16.080> a<00:00:16.139> tumultuous<00:00:16.680> time<00:00:17.039> over<00:00:17.279> the 00:00:17.510 --> 00:00:17.520 align:start position:0% after such a tumultuous time over the 00:00:17.520 --> 00:00:19.670 align:start position:0% after such a tumultuous time over the past<00:00:17.640> few<00:00:17.820> years<00:00:18.000> a<00:00:18.779> lot<00:00:19.020> of<00:00:19.140> us<00:00:19.260> have<00:00:19.500> gone 00:00:19.670 --> 00:00:19.680 align:start position:0% past few years a lot of us have gone 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align:start position:0% and to look at all the changes that have happened<00:00:27.840> over<00:00:28.080> the<00:00:28.320> past<00:00:28.439> few<00:00:28.619> years<00:00:28.800> in<00:00:29.519> the 00:00:29.630 --> 00:00:29.640 align:start position:0% happened over the past few years in the 00:00:29.640 --> 00:00:31.429 align:start position:0% happened over the past few years in the ecosystem<00:00:30.060> and<00:00:30.599> the<00:00:30.779> things<00:00:31.019> that<00:00:31.320> didn't 00:00:31.429 --> 00:00:31.439 align:start position:0% ecosystem and the things that didn't 00:00:31.439 --> 00:00:32.990 align:start position:0% ecosystem and the things that didn't really<00:00:31.679> change<00:00:31.920> over<00:00:32.160> the<00:00:32.399> past<00:00:32.520> few<00:00:32.640> years<00:00:32.759> as 00:00:32.990 --> 00:00:33.000 align:start position:0% really change over the past few years as 00:00:33.000 --> 00:00:35.150 align:start position:0% really change over the past few years as well<00:00:33.180> so<00:00:33.960> Defcon<00:00:34.380> is<00:00:34.620> actually<00:00:34.800> a<00:00:35.040> perfect 00:00:35.150 --> 00:00:35.160 align:start position:0% well so Defcon is actually a perfect 00:00:35.160 --> 00:00:36.290 align:start position:0% well so Defcon is actually a perfect example 00:00:36.290 --> 00:00:36.300 align:start position:0% example 00:00:36.300 --> 00:00:39.170 align:start position:0% example of<00:00:36.780> us<00:00:37.020> trying<00:00:37.200> to<00:00:37.320> expose<00:00:37.739> the<00:00:38.460> community<00:00:38.640> and 00:00:39.170 --> 00:00:39.180 align:start position:0% of us trying to expose the community and 00:00:39.180 --> 00:00:40.910 align:start position:0% of us trying to expose the community and the<00:00:39.360> culture<00:00:39.660> to<00:00:40.260> the<00:00:40.379> needs<00:00:40.680> in<00:00:40.800> different 00:00:40.910 --> 00:00:40.920 align:start position:0% the culture to the needs in different 00:00:40.920 --> 00:00:42.770 align:start position:0% the culture to the needs in different regions<00:00:41.219> of<00:00:41.340> the<00:00:41.520> world<00:00:41.640> and<00:00:42.420> it's<00:00:42.540> quite 00:00:42.770 --> 00:00:42.780 align:start position:0% regions of the world and it's quite 00:00:42.780 --> 00:00:44.270 align:start position:0% regions of the world and it's quite clear<00:00:42.960> by<00:00:43.260> the<00:00:43.440> different<00:00:43.559> feedback<00:00:44.040> that 00:00:44.270 --> 00:00:44.280 align:start position:0% clear by the different feedback that 00:00:44.280 --> 00:00:46.069 align:start position:0% clear by the different feedback that we've<00:00:44.399> been<00:00:44.579> getting<00:00:44.760> that<00:00:45.180> their<00:00:45.480> reactions 00:00:46.069 --> 00:00:46.079 align:start position:0% we've been getting that their reactions 00:00:46.079 --> 00:00:48.590 align:start position:0% we've been getting that their reactions that<00:00:46.860> people<00:00:46.980> are<00:00:47.219> really<00:00:47.460> not<00:00:47.879> truly<00:00:48.420> close 00:00:48.590 --> 00:00:48.600 align:start position:0% that people are really not truly close 00:00:48.600 --> 00:00:50.690 align:start position:0% that people are really not truly close to<00:00:48.840> empathizing<00:00:49.500> or<00:00:50.039> understanding<00:00:50.520> the 00:00:50.690 --> 00:00:50.700 align:start position:0% to empathizing or understanding the 00:00:50.700 --> 00:00:53.090 align:start position:0% to empathizing or understanding the needs<00:00:50.940> of<00:00:51.059> others<00:00:51.360> when<00:00:52.020> it<00:00:52.200> comes<00:00:52.500> to<00:00:52.800> really 00:00:53.090 --> 00:00:53.100 align:start position:0% needs of others when it comes to really 00:00:53.100 --> 00:00:56.810 align:start position:0% needs of others when it comes to really benefiting<00:00:53.700> the<00:00:54.539> individuals<00:00:55.020> that<00:00:55.379> would<00:00:55.820> be 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many of you that are 00:01:03.600 --> 00:01:06.050 align:start position:0% so I believe the many of you that are sitting<00:01:03.840> in<00:01:03.960> this<00:01:04.140> room<00:01:04.640> have<00:01:05.640> truly<00:01:05.939> made 00:01:06.050 --> 00:01:06.060 align:start position:0% sitting in this room have truly made 00:01:06.060 --> 00:01:07.550 align:start position:0% sitting in this room have truly made this<00:01:06.240> your<00:01:06.420> life's<00:01:06.780> works<00:01:07.020> for<00:01:07.140> the<00:01:07.260> past<00:01:07.380> few 00:01:07.550 --> 00:01:07.560 align:start position:0% this your life's works for the past few 00:01:07.560 --> 00:01:09.830 align:start position:0% this your life's works for the past few years<00:01:07.799> and<00:01:08.640> will<00:01:08.820> be<00:01:09.000> the<00:01:09.119> individuals<00:01:09.540> that 00:01:09.830 --> 00:01:09.840 align:start position:0% years and will be the individuals that 00:01:09.840 --> 00:01:11.710 align:start position:0% years and will be the individuals that kind<00:01:10.020> of<00:01:10.140> look<00:01:10.619> at<00:01:10.799> how<00:01:10.979> we<00:01:11.159> can<00:01:11.280> look<00:01:11.460> at 00:01:11.710 --> 00:01:11.720 align:start position:0% kind of look at how we can look at 00:01:11.720 --> 00:01:14.030 align:start position:0% kind of look at how we can look at ethereum<00:01:12.720> as<00:01:12.900> an<00:01:13.020> ecosystem<00:01:13.320> and<00:01:13.619> what<00:01:13.799> needs 00:01:14.030 --> 00:01:14.040 align:start position:0% ethereum as an ecosystem and what needs 00:01:14.040 --> 00:01:14.929 align:start position:0% ethereum as an ecosystem and what needs to be<00:01:14.159> done<00:01:14.280> to<00:01:14.520> maintain<00:01:14.820> the 00:01:14.929 --> 00:01:14.939 align:start position:0% to be done to maintain the 00:01:14.939 --> 00:01:16.730 align:start position:0% to be done to maintain the decentralization 00:01:16.730 --> 00:01:16.740 align:start position:0% decentralization 00:01:16.740 --> 00:01:18.170 align:start position:0% decentralization so<00:01:17.159> I<00:01:17.280> wanted<00:01:17.400> to<00:01:17.640> kind<00:01:17.820> of<00:01:17.880> take<00:01:18.000> this 00:01:18.170 --> 00:01:18.180 align:start position:0% so I wanted to kind of take this 00:01:18.180 --> 00:01:20.450 align:start position:0% so I wanted to kind of take this opportunity<00:01:18.680> to<00:01:19.680> step<00:01:19.860> back<00:01:20.040> and<00:01:20.280> really 00:01:20.450 --> 00:01:20.460 align:start position:0% opportunity to step back and really 00:01:20.460 --> 00:01:23.810 align:start position:0% opportunity to step back and really examine<00:01:21.000> from<00:01:21.600> a<00:01:22.560> pragmatic<00:01:23.159> approach<00:01:23.460> maybe 00:01:23.810 --> 00:01:23.820 align:start position:0% examine from a pragmatic approach maybe 00:01:23.820 --> 00:01:26.390 align:start position:0% examine from a pragmatic approach maybe somewhat<00:01:24.360> of<00:01:24.540> a<00:01:24.900> therapy<00:01:25.560> session<00:01:25.860> with<00:01:26.220> these 00:01:26.390 --> 00:01:26.400 align:start position:0% somewhat of a therapy session with these 00:01:26.400 --> 00:01:28.429 align:start position:0% somewhat of a therapy session with these individuals<00:01:26.700> in<00:01:26.880> the<00:01:27.000> room<00:01:27.119> and<00:01:27.840> look<00:01:28.020> at<00:01:28.140> like 00:01:28.429 --> 00:01:28.439 align:start position:0% individuals in the room and look at like 00:01:28.439 --> 00:01:30.590 align:start position:0% individuals in the room and look at like what<00:01:28.920> has<00:01:29.100> been<00:01:29.280> really<00:01:29.460> exact<00:01:29.939> what<00:01:30.299> has<00:01:30.479> been 00:01:30.590 --> 00:01:30.600 align:start position:0% what has been really exact what has been 00:01:30.600 --> 00:01:32.090 align:start position:0% what has been really exact what has been happening<00:01:30.780> in<00:01:30.900> the<00:01:31.020> ecosystem<00:01:31.380> and<00:01:31.799> how<00:01:31.979> can 00:01:32.090 --> 00:01:32.100 align:start position:0% happening in the ecosystem and how can 00:01:32.100 --> 00:01:34.490 align:start position:0% happening in the ecosystem and how can we<00:01:32.280> look<00:01:32.460> at<00:01:32.759> uh<00:01:33.659> what's<00:01:33.960> been<00:01:34.140> going<00:01:34.259> wrong 00:01:34.490 --> 00:01:34.500 align:start position:0% we look at uh what's been going wrong 00:01:34.500 --> 00:01:36.469 align:start position:0% we look at uh what's been going wrong and<00:01:34.860> why<00:01:35.040> are<00:01:35.159> we<00:01:35.280> really<00:01:35.460> here<00:01:35.700> and<00:01:36.180> where<00:01:36.360> do 00:01:36.469 --> 00:01:36.479 align:start position:0% and why are we really here and where do 00:01:36.479 --> 00:01:39.469 align:start position:0% and why are we really here and where do we<00:01:36.659> need<00:01:36.720> to<00:01:36.840> focus<00:01:37.079> our<00:01:37.320> energies<00:01:38.240> and<00:01:39.240> what 00:01:39.469 --> 00:01:39.479 align:start position:0% we need to focus our energies and what 00:01:39.479 --> 00:01:41.390 align:start position:0% we need to focus our energies and what are<00:01:39.540> we<00:01:39.720> hoping<00:01:39.960> to<00:01:40.079> create<00:01:40.380> as<00:01:40.740> an<00:01:40.979> impact 00:01:41.390 --> 00:01:41.400 align:start position:0% are we hoping to create as an impact 00:01:41.400 --> 00:01:43.630 align:start position:0% are we hoping to create as an impact from<00:01:41.759> a<00:01:41.939> Global<00:01:42.299> Perspective<00:01:43.079> for 00:01:43.630 --> 00:01:43.640 align:start position:0% from a Global Perspective for 00:01:43.640 --> 00:01:45.530 align:start position:0% from a Global Perspective for participants<00:01:44.640> that<00:01:45.000> come<00:01:45.119> from<00:01:45.299> very 00:01:45.530 --> 00:01:45.540 align:start position:0% participants that come from very 00:01:45.540 --> 00:01:47.450 align:start position:0% participants that come from very disparate<00:01:46.079> and<00:01:46.380> unique<00:01:46.680> backgrounds<00:01:47.220> and 00:01:47.450 --> 00:01:47.460 align:start position:0% disparate and unique backgrounds and 00:01:47.460 --> 00:01:49.850 align:start position:0% disparate and unique backgrounds and lived<00:01:47.759> experiences<00:01:48.240> so<00:01:49.200> let's<00:01:49.320> face<00:01:49.500> it<00:01:49.680> we 00:01:49.850 --> 00:01:49.860 align:start position:0% lived experiences so let's face it we 00:01:49.860 --> 00:01:52.429 align:start position:0% lived experiences so let's face it we have<00:01:50.040> a<00:01:50.159> problem<00:01:50.340> all<00:01:51.299> of<00:01:51.479> us<00:01:51.600> have<00:01:52.020> this 00:01:52.429 --> 00:01:52.439 align:start position:0% have a problem all of us have this 00:01:52.439 --> 00:01:54.230 align:start position:0% have a problem all of us have this notion<00:01:52.979> and<00:01:53.100> mental<00:01:53.460> model<00:01:53.579> of<00:01:53.759> can<00:01:54.000> someone 00:01:54.230 --> 00:01:54.240 align:start position:0% notion and mental model of can someone 00:01:54.240 --> 00:01:56.330 align:start position:0% notion and mental model of can someone else<00:01:54.420> do<00:01:54.659> it<00:01:54.780> when<00:01:54.899> it<00:01:55.020> comes<00:01:55.259> to<00:01:55.340> maintaining 00:01:56.330 --> 00:01:56.340 align:start position:0% else do it when it comes to maintaining 00:01:56.340 --> 00:01:59.149 align:start position:0% else do it when it comes to maintaining and<00:01:56.520> running<00:01:56.700> Services<00:01:57.380> uh<00:01:58.380> when<00:01:58.680> we<00:01:58.799> have<00:01:58.979> to 00:01:59.149 --> 00:01:59.159 align:start position:0% and running Services uh when we have to 00:01:59.159 --> 00:02:01.490 align:start position:0% and running Services uh when we have to participate<00:01:59.579> included<00:02:00.180> in<00:02:00.299> this<00:02:00.420> network<00:02:00.600> and 00:02:01.490 --> 00:02:01.500 align:start position:0% participate included in this network and 00:02:01.500 --> 00:02:03.289 align:start position:0% participate included in this network and in<00:02:01.680> the<00:02:01.860> Rondo<00:02:02.159> about<00:02:02.340> way<00:02:02.640> we've<00:02:03.000> kind<00:02:03.180> of 00:02:03.289 --> 00:02:03.299 align:start position:0% in the Rondo about way we've kind of 00:02:03.299 --> 00:02:05.749 align:start position:0% in the Rondo about way we've kind of just<00:02:03.420> adopted<00:02:04.020> this<00:02:04.380> same<00:02:04.799> mentality<00:02:05.340> that<00:02:05.579> we 00:02:05.749 --> 00:02:05.759 align:start position:0% just adopted this same mentality that we 00:02:05.759 --> 00:02:07.969 align:start position:0% just adopted this same mentality that we had<00:02:05.880> coming<00:02:06.360> into<00:02:06.659> web<00:02:07.320> 3<00:02:07.560> from<00:02:07.799> the<00:02:07.920> web 00:02:07.969 --> 00:02:07.979 align:start position:0% had coming into web 3 from the web 00:02:07.979 --> 00:02:11.210 align:start position:0% had coming into web 3 from the web ecosystem<00:02:08.880> as<00:02:09.300> a<00:02:09.479> whole<00:02:09.599> so<00:02:10.380> I<00:02:10.739> wasn't<00:02:10.860> kidding 00:02:11.210 --> 00:02:11.220 align:start position:0% ecosystem as a whole so I wasn't kidding 00:02:11.220 --> 00:02:12.470 align:start position:0% ecosystem as a whole so I wasn't kidding when<00:02:11.340> I<00:02:11.459> said<00:02:11.580> this<00:02:11.760> would<00:02:11.879> be<00:02:12.000> somewhat<00:02:12.300> of<00:02:12.420> a 00:02:12.470 --> 00:02:12.480 align:start position:0% when I said this would be somewhat of a 00:02:12.480 --> 00:02:15.229 align:start position:0% when I said this would be somewhat of a therapy<00:02:12.780> session<00:02:12.959> and<00:02:13.319> we'd<00:02:13.560> look<00:02:13.739> at<00:02:14.000> what<00:02:15.000> is 00:02:15.229 --> 00:02:15.239 align:start position:0% therapy session and we'd look at what is 00:02:15.239 --> 00:02:17.330 align:start position:0% therapy session and we'd look at what is happening<00:02:15.599> as<00:02:15.900> far<00:02:16.080> as<00:02:16.140> Behavior<00:02:16.500> change<00:02:16.680> inch 00:02:17.330 --> 00:02:17.340 align:start position:0% happening as far as Behavior change inch 00:02:17.340 --> 00:02:20.330 align:start position:0% happening as far as Behavior change inch so<00:02:18.239> in<00:02:18.540> order<00:02:18.660> to<00:02:18.900> do<00:02:19.140> that<00:02:19.379> I<00:02:19.860> wanted<00:02:19.980> to<00:02:20.220> look 00:02:20.330 --> 00:02:20.340 align:start position:0% so in order to do that I wanted to look 00:02:20.340 --> 00:02:22.070 align:start position:0% so in order to do that I wanted to look at<00:02:20.520> the<00:02:20.700> trans<00:02:21.060> theoretical<00:02:21.660> model<00:02:21.900> of 00:02:22.070 --> 00:02:22.080 align:start position:0% at the trans theoretical model of 00:02:22.080 --> 00:02:24.229 align:start position:0% at the trans theoretical model of behavior<00:02:22.500> change<00:02:22.680> so<00:02:23.459> there<00:02:23.700> are<00:02:23.819> five<00:02:23.940> stages 00:02:24.229 --> 00:02:24.239 align:start position:0% behavior change so there are five stages 00:02:24.239 --> 00:02:26.449 align:start position:0% behavior change so there are five stages of<00:02:24.480> change<00:02:24.720> that<00:02:25.620> have<00:02:25.739> been<00:02:25.860> conceptualized 00:02:26.449 --> 00:02:26.459 align:start position:0% of change that have been conceptualized 00:02:26.459 --> 00:02:28.610 align:start position:0% of change that have been conceptualized for<00:02:26.640> a<00:02:26.760> variety<00:02:27.000> of<00:02:27.120> problems<00:02:27.599> and<00:02:28.200> behaviors 00:02:28.610 --> 00:02:28.620 align:start position:0% for a variety of problems and behaviors 00:02:28.620 --> 00:02:29.869 align:start position:0% for a variety of problems and behaviors so<00:02:28.920> the<00:02:29.099> first<00:02:29.220> stage<00:02:29.459> is<00:02:29.580> basically 00:02:29.869 --> 00:02:29.879 align:start position:0% so the first stage is basically 00:02:29.879 --> 00:02:31.369 align:start position:0% so the first stage is basically pre-contemplation 00:02:31.369 --> 00:02:31.379 align:start position:0% pre-contemplation 00:02:31.379 --> 00:02:32.930 align:start position:0% pre-contemplation so<00:02:31.680> these<00:02:31.920> are<00:02:31.980> individuals<00:02:32.459> that<00:02:32.700> are<00:02:32.819> not 00:02:32.930 --> 00:02:32.940 align:start position:0% so these are individuals that are not 00:02:32.940 --> 00:02:35.510 align:start position:0% so these are individuals that are not really<00:02:33.120> ready<00:02:33.420> to<00:02:33.660> make<00:02:33.840> any<00:02:34.020> change<00:02:34.520> they 00:02:35.510 --> 00:02:35.520 align:start position:0% really ready to make any change they 00:02:35.520 --> 00:02:37.369 align:start position:0% really ready to make any change they might<00:02:35.700> be<00:02:35.819> unaware<00:02:36.360> or<00:02:36.540> under<00:02:36.720> aware<00:02:37.080> of<00:02:37.200> the 00:02:37.369 --> 00:02:37.379 align:start position:0% might be unaware or under aware of the 00:02:37.379 --> 00:02:38.750 align:start position:0% might be unaware or under aware of the issues<00:02:37.680> that<00:02:37.800> are<00:02:37.920> happening 00:02:38.750 --> 00:02:38.760 align:start position:0% issues that are happening 00:02:38.760 --> 00:02:40.910 align:start position:0% issues that are happening so<00:02:39.599> maybe<00:02:39.780> there's<00:02:40.080> a<00:02:40.260> few<00:02:40.379> individuals<00:02:40.800> in 00:02:40.910 --> 00:02:40.920 align:start position:0% so maybe there's a few individuals in 00:02:40.920 --> 00:02:42.470 align:start position:0% so maybe there's a few individuals in this<00:02:41.040> room<00:02:41.220> that<00:02:41.459> don't<00:02:41.640> really<00:02:41.879> that<00:02:42.360> aren't 00:02:42.470 --> 00:02:42.480 align:start position:0% this room that don't really that aren't 00:02:42.480 --> 00:02:44.089 align:start position:0% this room that don't really that aren't really<00:02:42.780> aware<00:02:43.080> of<00:02:43.260> the<00:02:43.379> issues<00:02:43.620> that<00:02:43.800> we<00:02:43.980> are 00:02:44.089 --> 00:02:44.099 align:start position:0% really aware of the issues that we are 00:02:44.099 --> 00:02:45.410 align:start position:0% really aware of the issues that we are facing<00:02:44.340> when<00:02:44.519> it<00:02:44.640> comes<00:02:44.760> to<00:02:44.819> decentralization 00:02:45.410 --> 00:02:45.420 align:start position:0% facing when it comes to decentralization 00:02:45.420 --> 00:02:47.509 align:start position:0% facing when it comes to decentralization in<00:02:46.140> the<00:02:46.260> ecosystem<00:02:46.620> then<00:02:47.340> there's 00:02:47.509 --> 00:02:47.519 align:start position:0% in the ecosystem then there's 00:02:47.519 --> 00:02:48.949 align:start position:0% in the ecosystem then there's individuals<00:02:48.060> that<00:02:48.300> are<00:02:48.420> kind<00:02:48.540> of<00:02:48.599> in<00:02:48.780> this 00:02:48.949 --> 00:02:48.959 align:start position:0% individuals that are kind of in this 00:02:48.959 --> 00:02:50.390 align:start position:0% individuals that are kind of in this contemplation<00:02:49.440> stage<00:02:49.739> where<00:02:50.040> they're<00:02:50.160> aware 00:02:50.390 --> 00:02:50.400 align:start position:0% contemplation stage where they're aware 00:02:50.400 --> 00:02:52.070 align:start position:0% contemplation stage where they're aware of<00:02:50.519> the<00:02:50.640> problems<00:02:51.060> but<00:02:51.480> they're<00:02:51.660> not<00:02:51.900> really 00:02:52.070 --> 00:02:52.080 align:start position:0% of the problems but they're not really 00:02:52.080 --> 00:02:53.630 align:start position:0% of the problems but they're not really mindful<00:02:52.560> or<00:02:52.920> seriously<00:02:53.280> thinking<00:02:53.519> about 00:02:53.630 --> 00:02:53.640 align:start position:0% mindful or seriously thinking about 00:02:53.640 --> 00:02:55.309 align:start position:0% mindful or seriously thinking about overcoming<00:02:54.180> them<00:02:54.300> in<00:02:54.480> any<00:02:54.599> meaningful<00:02:54.959> Manner 00:02:55.309 --> 00:02:55.319 align:start position:0% overcoming them in any meaningful Manner 00:02:55.319 --> 00:02:57.229 align:start position:0% overcoming them in any meaningful Manner and<00:02:55.920> then<00:02:56.040> there's<00:02:56.220> no<00:02:56.459> commitment<00:02:56.879> to<00:02:57.060> take 00:02:57.229 --> 00:02:57.239 align:start position:0% and then there's no commitment to take 00:02:57.239 --> 00:02:58.729 align:start position:0% and then there's no commitment to take any<00:02:57.420> action 00:02:58.729 --> 00:02:58.739 align:start position:0% any action 00:02:58.739 --> 00:03:00.530 align:start position:0% any action so<00:02:59.160> I<00:02:59.280> think<00:02:59.400> that's<00:02:59.580> kind<00:02:59.879> of<00:02:59.940> the<00:03:00.060> space<00:03:00.239> a 00:03:00.530 --> 00:03:00.540 align:start position:0% so I think that's kind of the space a 00:03:00.540 --> 00:03:02.150 align:start position:0% so I think that's kind of the space a lot<00:03:00.660> of<00:03:00.720> us<00:03:00.840> kind<00:03:01.140> of<00:03:01.200> occupy<00:03:01.739> at<00:03:01.980> this<00:03:02.099> point 00:03:02.150 --> 00:03:02.160 align:start position:0% lot of us kind of occupy at this point 00:03:02.160 --> 00:03:04.009 align:start position:0% lot of us kind of occupy at this point is<00:03:02.340> we're<00:03:02.580> aware<00:03:02.819> of<00:03:02.940> the<00:03:03.060> problems<00:03:03.420> but<00:03:03.840> we 00:03:04.009 --> 00:03:04.019 align:start position:0% is we're aware of the problems but we 00:03:04.019 --> 00:03:05.930 align:start position:0% is we're aware of the problems but we really<00:03:04.140> haven't<00:03:04.379> done<00:03:04.560> any<00:03:04.680> preparation<00:03:05.099> or 00:03:05.930 --> 00:03:05.940 align:start position:0% really haven't done any preparation or 00:03:05.940 --> 00:03:07.910 align:start position:0% really haven't done any preparation or are<00:03:06.180> ready<00:03:06.360> to<00:03:06.540> do<00:03:06.720> any<00:03:06.959> action<00:03:07.379> to<00:03:07.739> change 00:03:07.910 --> 00:03:07.920 align:start position:0% are ready to do any action to change 00:03:07.920 --> 00:03:09.710 align:start position:0% are ready to do any action to change those<00:03:08.220> things<00:03:08.459> so<00:03:09.120> the<00:03:09.239> next<00:03:09.360> stage<00:03:09.540> is 00:03:09.710 --> 00:03:09.720 align:start position:0% those things so the next stage is 00:03:09.720 --> 00:03:11.330 align:start position:0% those things so the next stage is basically<00:03:09.959> preparation<00:03:10.440> and<00:03:10.860> that<00:03:11.040> combines 00:03:11.330 --> 00:03:11.340 align:start position:0% basically preparation and that combines 00:03:11.340 --> 00:03:13.009 align:start position:0% basically preparation and that combines like<00:03:11.580> the<00:03:11.760> intention<00:03:12.060> of<00:03:12.360> wanting<00:03:12.780> to<00:03:12.900> create 00:03:13.009 --> 00:03:13.019 align:start position:0% like the intention of wanting to create 00:03:13.019 --> 00:03:15.949 align:start position:0% like the intention of wanting to create some<00:03:13.319> change<00:03:13.519> and<00:03:14.519> then<00:03:14.760> looking<00:03:15.480> at<00:03:15.659> some<00:03:15.840> of 00:03:15.949 --> 00:03:15.959 align:start position:0% some change and then looking at some of 00:03:15.959 --> 00:03:17.630 align:start position:0% some change and then looking at some of the<00:03:16.019> behavioral<00:03:16.620> criteria<00:03:17.099> to<00:03:17.280> make<00:03:17.459> that 00:03:17.630 --> 00:03:17.640 align:start position:0% the behavioral criteria to make that 00:03:17.640 --> 00:03:19.250 align:start position:0% the behavioral criteria to make that change<00:03:17.760> in<00:03:17.879> the<00:03:18.060> first<00:03:18.180> place<00:03:18.360> and<00:03:19.140> then 00:03:19.250 --> 00:03:19.260 align:start position:0% change in the first place and then 00:03:19.260 --> 00:03:21.170 align:start position:0% change in the first place and then intending<00:03:19.739> to<00:03:19.860> take<00:03:20.040> some<00:03:20.280> action<00:03:20.640> in<00:03:21.060> the 00:03:21.170 --> 00:03:21.180 align:start position:0% intending to take some action in the 00:03:21.180 --> 00:03:22.369 align:start position:0% intending to take some action in the first<00:03:21.239> place 00:03:22.369 --> 00:03:22.379 align:start position:0% first place 00:03:22.379 --> 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that<00:03:27.780> we<00:03:27.959> get<00:03:28.260> prepared<00:03:28.680> but<00:03:28.860> we<00:03:29.040> just<00:03:29.159> don't 00:03:29.270 --> 00:03:29.280 align:start position:0% that we get prepared but we just don't 00:03:29.280 --> 00:03:30.710 align:start position:0% that we get prepared but we just don't have<00:03:29.400> the<00:03:29.519> tools<00:03:29.760> or<00:03:29.879> the<00:03:30.000> resources<00:03:30.420> to<00:03:30.599> take 00:03:30.710 --> 00:03:30.720 align:start position:0% have the tools or the resources to take 00:03:30.720 --> 00:03:33.949 align:start position:0% have the tools or the resources to take any<00:03:30.959> action<00:03:31.200> to<00:03:31.920> create<00:03:32.040> that<00:03:32.459> change<00:03:32.840> so<00:03:33.840> this 00:03:33.949 --> 00:03:33.959 align:start position:0% any action to create that change so this 00:03:33.959 --> 00:03:35.270 align:start position:0% any action to create that change so this is<00:03:34.080> the<00:03:34.200> stage<00:03:34.440> where<00:03:34.680> individuals<00:03:35.159> actually 00:03:35.270 --> 00:03:35.280 align:start position:0% is the stage where individuals actually 00:03:35.280 --> 00:03:37.369 align:start position:0% is the stage where individuals actually have<00:03:35.519> to<00:03:35.640> modify<00:03:35.940> the<00:03:36.120> behavior<00:03:36.540> they<00:03:37.140> have<00:03:37.260> to 00:03:37.369 --> 00:03:37.379 align:start position:0% have to modify the behavior they have to 00:03:37.379 --> 00:03:39.830 align:start position:0% have to modify the behavior they have to change<00:03:37.800> their<00:03:38.040> experiences<00:03:38.400> environment<00:03:39.120> and 00:03:39.830 --> 00:03:39.840 align:start position:0% change their experiences environment and 00:03:39.840 --> 00:03:41.509 align:start position:0% change their experiences environment and have<00:03:40.080> in<00:03:40.319> order<00:03:40.500> to<00:03:40.620> overcome<00:03:40.980> their<00:03:41.220> problems 00:03:41.509 --> 00:03:41.519 align:start position:0% have in order to overcome their problems 00:03:41.519 --> 00:03:43.850 align:start position:0% have in order to overcome their problems and<00:03:41.760> this<00:03:41.940> requires<00:03:42.480> uh<00:03:43.140> quite<00:03:43.379> the<00:03:43.500> overt 00:03:43.850 --> 00:03:43.860 align:start position:0% and this requires uh quite the overt 00:03:43.860 --> 00:03:45.770 align:start position:0% and this requires uh quite the overt behavioral<00:03:44.519> changes<00:03:44.940> and<00:03:45.299> considerable 00:03:45.770 --> 00:03:45.780 align:start position:0% behavioral changes and considerable 00:03:45.780 --> 00:03:47.809 align:start position:0% behavioral changes and considerable considerable<00:03:46.500> amount<00:03:47.040> of<00:03:47.099> commitment<00:03:47.519> and 00:03:47.809 --> 00:03:47.819 align:start position:0% considerable amount of commitment and 00:03:47.819 --> 00:03:49.670 align:start position:0% considerable amount of commitment and energy<00:03:48.060> and<00:03:48.599> resources 00:03:49.670 --> 00:03:49.680 align:start position:0% energy and resources 00:03:49.680 --> 00:03:51.770 align:start position:0% energy and resources then<00:03:50.280> from<00:03:50.580> that<00:03:50.760> we<00:03:51.000> go<00:03:51.180> to<00:03:51.239> the<00:03:51.420> maintenance 00:03:51.770 --> 00:03:51.780 align:start position:0% then from that we go to the maintenance 00:03:51.780 --> 00:03:53.509 align:start position:0% then from that we go to the maintenance so<00:03:52.319> basically<00:03:52.560> people<00:03:52.799> work<00:03:53.040> to<00:03:53.220> prevent 00:03:53.509 --> 00:03:53.519 align:start position:0% so basically people work to prevent 00:03:53.519 --> 00:03:55.610 align:start position:0% so basically people work to prevent relapse<00:03:54.239> and<00:03:54.780> the<00:03:54.900> work<00:03:55.019> that<00:03:55.200> had<00:03:55.379> been<00:03:55.500> done 00:03:55.610 --> 00:03:55.620 align:start position:0% relapse and the work that had been done 00:03:55.620 --> 00:03:57.589 align:start position:0% relapse and the work that had been done in<00:03:55.860> the<00:03:55.980> action<00:03:56.099> phase 00:03:57.589 --> 00:03:57.599 align:start position:0% in the action phase 00:03:57.599 --> 00:03:59.149 align:start position:0% in the action phase um<00:03:57.659> and<00:03:57.959> then<00:03:58.019> obviously<00:03:58.379> there's<00:03:58.560> relapse 00:03:59.149 --> 00:03:59.159 align:start position:0% um and then obviously there's relapse 00:03:59.159 --> 00:04:02.390 align:start position:0% um and then obviously there's relapse and<00:03:59.280> I<00:03:59.400> think<00:03:59.519> this<00:03:59.700> is<00:03:59.819> the<00:04:00.000> point<00:04:00.840> of<00:04:01.080> uh 00:04:02.390 --> 00:04:02.400 align:start position:0% and I think this is the point of uh 00:04:02.400 --> 00:04:04.190 align:start position:0% and I think this is the point of uh place<00:04:02.760> where<00:04:03.000> we<00:04:03.120> are<00:04:03.540> in<00:04:03.720> the<00:04:03.840> ecosystem 00:04:04.190 --> 00:04:04.200 align:start position:0% place where we are in the ecosystem 00:04:04.200 --> 00:04:05.990 align:start position:0% place where we are in the ecosystem where<00:04:04.440> we've<00:04:04.739> kind<00:04:04.920> of<00:04:04.980> reverted<00:04:05.519> to<00:04:05.760> making 00:04:05.990 --> 00:04:06.000 align:start position:0% where we've kind of reverted to making 00:04:06.000 --> 00:04:08.750 align:start position:0% where we've kind of reverted to making decisions<00:04:06.540> in<00:04:07.379> the<00:04:07.500> hopes<00:04:07.799> of<00:04:07.980> mass<00:04:08.340> adoption 00:04:08.750 --> 00:04:08.760 align:start position:0% decisions in the hopes of mass adoption 00:04:08.760 --> 00:04:10.550 align:start position:0% decisions in the hopes of mass adoption that<00:04:09.120> kind<00:04:09.239> of<00:04:09.360> compromise<00:04:10.019> the<00:04:10.260> decisions 00:04:10.550 --> 00:04:10.560 align:start position:0% that kind of compromise the decisions 00:04:10.560 --> 00:04:12.410 align:start position:0% that kind of compromise the decisions when<00:04:10.860> it<00:04:10.980> comes<00:04:11.099> to<00:04:11.159> decentralization<00:04:11.879> and 00:04:12.410 --> 00:04:12.420 align:start position:0% when it comes to decentralization and 00:04:12.420 --> 00:04:13.850 align:start position:0% when it comes to decentralization and we'll<00:04:12.540> kind<00:04:12.780> of<00:04:12.840> get<00:04:12.959> into<00:04:13.260> that<00:04:13.439> a<00:04:13.620> little<00:04:13.680> bit 00:04:13.850 --> 00:04:13.860 align:start position:0% we'll kind of get into that a little bit 00:04:13.860 --> 00:04:16.129 align:start position:0% we'll kind of get into that a little bit so<00:04:14.220> we<00:04:14.640> postulate<00:04:15.120> quite<00:04:15.659> a<00:04:15.780> bit<00:04:15.840> on<00:04:16.019> Twitter 00:04:16.129 --> 00:04:16.139 align:start position:0% so we postulate quite a bit on Twitter 00:04:16.139 --> 00:04:17.569 align:start position:0% so we postulate quite a bit on Twitter and<00:04:16.440> other<00:04:16.620> social<00:04:16.859> media<00:04:17.220> channels<00:04:17.459> around 00:04:17.569 --> 00:04:17.579 align:start position:0% and other social media channels around 00:04:17.579 --> 00:04:19.550 align:start position:0% and other social media channels around like<00:04:17.880> what<00:04:18.479> are<00:04:18.600> the<00:04:18.720> issues<00:04:19.019> but<00:04:19.320> there's 00:04:19.550 --> 00:04:19.560 align:start position:0% like what are the issues but there's 00:04:19.560 --> 00:04:21.409 align:start position:0% like what are the issues but there's really<00:04:19.739> no<00:04:19.919> action<00:04:20.220> or<00:04:20.459> Force<00:04:20.880> put<00:04:21.060> behind 00:04:21.409 --> 00:04:21.419 align:start position:0% really no action or Force put behind 00:04:21.419 --> 00:04:22.490 align:start position:0% really no action or Force put behind them 00:04:22.490 --> 00:04:22.500 align:start position:0% them 00:04:22.500 --> 00:04:25.430 align:start position:0% them so<00:04:23.040> my<00:04:23.280> objective<00:04:23.639> today<00:04:23.820> or<00:04:24.720> is<00:04:25.020> to<00:04:25.259> kind<00:04:25.380> of 00:04:25.430 --> 00:04:25.440 align:start position:0% so my objective today or is to kind of 00:04:25.440 --> 00:04:26.930 align:start position:0% so my objective today or is to kind of like<00:04:25.560> help<00:04:25.979> some<00:04:26.220> of<00:04:26.340> the<00:04:26.400> individuals<00:04:26.759> that 00:04:26.930 --> 00:04:26.940 align:start position:0% like help some of the individuals that 00:04:26.940 --> 00:04:28.969 align:start position:0% like help some of the individuals that are<00:04:27.060> in<00:04:27.180> the<00:04:27.300> room<00:04:27.479> to<00:04:28.080> move<00:04:28.259> from<00:04:28.740> this 00:04:28.969 --> 00:04:28.979 align:start position:0% are in the room to move from this 00:04:28.979 --> 00:04:30.650 align:start position:0% are in the room to move from this pre-contemplation<00:04:29.759> phase<00:04:30.060> to<00:04:30.419> something 00:04:30.650 --> 00:04:30.660 align:start position:0% pre-contemplation phase to something 00:04:30.660 --> 00:04:33.170 align:start position:0% pre-contemplation phase to something that<00:04:30.900> is<00:04:31.020> a<00:04:31.139> little<00:04:31.199> bit<00:04:31.320> more<00:04:31.620> actionable<00:04:32.340> or 00:04:33.170 --> 00:04:33.180 align:start position:0% that is a little bit more actionable or 00:04:33.180 --> 00:04:35.950 align:start position:0% that is a little bit more actionable or at<00:04:33.780> least<00:04:33.960> prepared<00:04:34.380> for<00:04:34.680> them<00:04:34.800> to<00:04:34.979> do<00:04:35.160> so<00:04:35.340> so 00:04:35.950 --> 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operate<00:04:43.560> in<00:04:43.740> a<00:04:43.919> world 00:04:44.030 --> 00:04:44.040 align:start position:0% yet we continue to operate in a world 00:04:44.040 --> 00:04:46.550 align:start position:0% yet we continue to operate in a world where<00:04:44.520> the<00:04:45.240> end<00:04:45.419> users<00:04:45.780> have<00:04:45.960> been<00:04:46.139> trained 00:04:46.550 --> 00:04:46.560 align:start position:0% where the end users have been trained 00:04:46.560 --> 00:04:48.290 align:start position:0% where the end users have been trained and<00:04:46.860> programmed<00:04:47.280> to<00:04:47.400> not<00:04:47.580> think<00:04:47.759> about<00:04:47.880> any<00:04:48.120> of 00:04:48.290 --> 00:04:48.300 align:start position:0% and programmed to not think about any of 00:04:48.300 --> 00:04:49.730 align:start position:0% and programmed to not think about any of the<00:04:48.419> infrastructure<00:04:48.840> that<00:04:49.139> they<00:04:49.259> need<00:04:49.380> to<00:04:49.500> run 00:04:49.730 --> 00:04:49.740 align:start position:0% the infrastructure that they need to run 00:04:49.740 --> 00:04:52.189 align:start position:0% the infrastructure that they need to run to<00:04:50.340> utilize<00:04:50.940> some<00:04:51.120> of<00:04:51.240> the<00:04:51.300> services<00:04:51.419> or<00:04:52.020> the 00:04:52.189 --> 00:04:52.199 align:start position:0% to utilize some of the services or the 00:04:52.199 --> 00:04:54.710 align:start position:0% to utilize some of the services or the technologies<00:04:52.560> that<00:04:52.860> we<00:04:52.979> utilize 00:04:54.710 --> 00:04:54.720 align:start position:0% technologies that we utilize 00:04:54.720 --> 00:04:57.050 align:start position:0% technologies that we utilize um<00:04:54.780> so<00:04:55.199> it<00:04:55.620> means<00:04:55.919> that<00:04:56.220> they're<00:04:56.759> not<00:04:56.940> really 00:04:57.050 --> 00:04:57.060 align:start position:0% um so it means that they're not really 00:04:57.060 --> 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get<00:05:02.639> to 00:05:04.070 --> 00:05:04.080 align:start position:0% actually get to 00:05:04.080 --> 00:05:06.650 align:start position:0% actually get to um making<00:05:04.919> those 00:05:06.650 --> 00:05:06.660 align:start position:0% um making those 00:05:06.660 --> 00:05:08.570 align:start position:0% um making those trade<00:05:07.080> us<00:05:07.259> when<00:05:07.500> you<00:05:07.680> actually<00:05:07.800> start<00:05:08.040> to<00:05:08.220> rely 00:05:08.570 --> 00:05:08.580 align:start position:0% trade us when you actually start to rely 00:05:08.580 --> 00:05:10.370 align:start position:0% trade us when you actually start to rely on<00:05:08.759> these<00:05:09.000> intermediaries<00:05:09.720> to<00:05:10.020> come<00:05:10.199> and 00:05:10.370 --> 00:05:10.380 align:start position:0% on these intermediaries to come and 00:05:10.380 --> 00:05:12.350 align:start position:0% on these intermediaries to come and facilitate<00:05:10.979> some<00:05:11.160> of<00:05:11.280> this<00:05:11.400> technology 00:05:12.350 --> 00:05:12.360 align:start position:0% facilitate some of this technology 00:05:12.360 --> 00:05:14.810 align:start position:0% facilitate some of this technology and<00:05:13.080> the<00:05:13.500> community<00:05:13.800> just<00:05:14.280> continues<00:05:14.639> to 00:05:14.810 --> 00:05:14.820 align:start position:0% and the community just continues to 00:05:14.820 --> 00:05:16.550 align:start position:0% and the community just continues to operate<00:05:15.240> with<00:05:15.419> the<00:05:15.540> same<00:05:15.660> Mantra<00:05:16.080> of<00:05:16.259> can 00:05:16.550 --> 00:05:16.560 align:start position:0% operate with the same Mantra of can 00:05:16.560 --> 00:05:18.170 align:start position:0% operate with the same Mantra of can someone<00:05:16.800> else<00:05:16.919> do<00:05:17.100> it<00:05:17.220> that<00:05:17.400> we<00:05:17.580> have<00:05:17.759> been 00:05:18.170 --> 00:05:18.180 align:start position:0% someone else do it that we have been 00:05:18.180 --> 00:05:19.790 align:start position:0% someone else do it that we have been programmed<00:05:18.600> to<00:05:18.720> do<00:05:18.840> so<00:05:18.960> within<00:05:19.320> the<00:05:19.440> web<00:05:19.560> 2 00:05:19.790 --> 00:05:19.800 align:start position:0% programmed to do so within the web 2 00:05:19.800 --> 00:05:22.370 align:start position:0% programmed to do so within the web 2 ecosystem<00:05:20.540> but<00:05:21.540> it's<00:05:21.780> kind<00:05:21.960> of<00:05:22.020> interesting 00:05:22.370 --> 00:05:22.380 align:start position:0% ecosystem but it's kind of interesting 00:05:22.380 --> 00:05:24.710 align:start position:0% ecosystem but it's kind of interesting to<00:05:22.620> also<00:05:22.919> look<00:05:23.280> at<00:05:23.580> the<00:05:24.000> different<00:05:24.120> cohorts<00:05:24.660> of 00:05:24.710 --> 00:05:24.720 align:start position:0% to also look at the different cohorts of 00:05:24.720 --> 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operation<00:05:31.259> is<00:05:31.500> quite<00:05:31.680> distinct<00:05:32.039> as 00:05:32.150 --> 00:05:32.160 align:start position:0% mode of operation is quite distinct as 00:05:32.160 --> 00:05:33.890 align:start position:0% mode of operation is quite distinct as well<00:05:32.340> so<00:05:32.699> if<00:05:32.820> you<00:05:32.940> really<00:05:33.060> wanted<00:05:33.300> to<00:05:33.479> examine 00:05:33.890 --> 00:05:33.900 align:start position:0% well so if you really wanted to examine 00:05:33.900 --> 00:05:35.390 align:start position:0% well so if you really wanted to examine the<00:05:34.199> people<00:05:34.259> that<00:05:34.500> are<00:05:34.620> giving<00:05:34.800> talks<00:05:35.220> at 00:05:35.390 --> 00:05:35.400 align:start position:0% the people that are giving talks at 00:05:35.400 --> 00:05:37.310 align:start position:0% the people that are giving talks at Defcon<00:05:35.820> you'll<00:05:36.600> be<00:05:36.720> able<00:05:36.900> to<00:05:37.020> kind<00:05:37.199> of 00:05:37.310 --> 00:05:37.320 align:start position:0% Defcon you'll be able to kind of 00:05:37.320 --> 00:05:39.830 align:start position:0% Defcon you'll be able to kind of guesstimate<00:05:37.919> where<00:05:38.820> and<00:05:39.180> when<00:05:39.419> in<00:05:39.780> the 00:05:39.830 --> 00:05:39.840 align:start position:0% guesstimate where and when in the 00:05:39.840 --> 00:05:42.350 align:start position:0% guesstimate where and when in the ecosystem<00:05:40.259> they<00:05:40.500> kind<00:05:40.680> of<00:05:40.740> entered<00:05:41.160> so<00:05:41.880> from 00:05:42.350 --> 00:05:42.360 align:start position:0% ecosystem they kind of entered so from 00:05:42.360 --> 00:05:44.930 align:start position:0% ecosystem they kind of entered so from like<00:05:42.479> 2010<00:05:43.139> to<00:05:43.440> 2012<00:05:43.919> onwards<00:05:44.580> these<00:05:44.880> were 00:05:44.930 --> 00:05:44.940 align:start position:0% like 2010 to 2012 onwards these were 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control<00:05:50.699> back<00:05:50.940> from<00:05:51.180> the<00:05:51.300> state<00:05:51.479> as<00:05:52.320> you 00:05:52.430 --> 00:05:52.440 align:start position:0% take control back from the state as you 00:05:52.440 --> 00:05:54.710 align:start position:0% take control back from the state as you go<00:05:52.560> towards<00:05:52.919> the<00:05:53.100> 2014s<00:05:53.699> 2016s<00:05:54.419> these<00:05:54.600> are 00:05:54.710 --> 00:05:54.720 align:start position:0% go towards the 2014s 2016s these are 00:05:54.720 --> 00:05:56.330 align:start position:0% go towards the 2014s 2016s these are individuals<00:05:55.139> that<00:05:55.380> are<00:05:55.500> more<00:05:55.620> game<00:05:55.800> theorists 00:05:56.330 --> 00:05:56.340 align:start position:0% individuals that are more game theorists 00:05:56.340 --> 00:05:58.610 align:start position:0% individuals that are more game theorists these<00:05:56.639> are<00:05:56.759> system<00:05:57.539> design<00:05:57.900> thinkers<00:05:58.320> these 00:05:58.610 --> 00:05:58.620 align:start position:0% these are system design thinkers these 00:05:58.620 --> 00:05:59.870 align:start position:0% these are system design thinkers these are<00:05:58.680> individuals<00:05:59.100> that<00:05:59.400> are<00:05:59.520> thinking<00:05:59.759> about 00:05:59.870 --> 00:05:59.880 align:start position:0% are individuals that are thinking about 00:05:59.880 --> 00:06:02.029 align:start position:0% are individuals that are thinking about more<00:06:00.180> mechanism<00:06:00.600> designs<00:06:01.080> and<00:06:01.139> so<00:06:01.320> forth<00:06:01.560> and 00:06:02.029 --> 00:06:02.039 align:start position:0% more mechanism designs and so forth and 00:06:02.039 --> 00:06:03.409 align:start position:0% more mechanism designs and so forth and then<00:06:02.160> as<00:06:02.340> you<00:06:02.520> go<00:06:02.699> into<00:06:02.820> the<00:06:03.060> later<00:06:03.180> years 00:06:03.409 --> 00:06:03.419 align:start position:0% then as you go into the later years 00:06:03.419 --> 00:06:04.730 align:start position:0% then as you go into the later years these<00:06:03.720> are<00:06:03.840> individuals<00:06:04.199> that<00:06:04.380> are<00:06:04.560> more 00:06:04.730 --> 00:06:04.740 align:start position:0% these are individuals that are more 00:06:04.740 --> 00:06:06.650 align:start position:0% these are individuals that are more aligned<00:06:05.340> with<00:06:05.400> business<00:06:05.639> cases<00:06:06.120> and<00:06:06.300> user 00:06:06.650 --> 00:06:06.660 align:start position:0% aligned with business cases and user 00:06:06.660 --> 00:06:07.610 align:start position:0% aligned with business cases and user adoption 00:06:07.610 --> 00:06:07.620 align:start position:0% adoption 00:06:07.620 --> 00:06:09.590 align:start position:0% adoption so<00:06:08.340> the<00:06:08.639> place<00:06:08.820> that<00:06:09.000> I<00:06:09.120> kind<00:06:09.300> of<00:06:09.360> came<00:06:09.479> into 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position:0% portal into anything that I wanted to do 00:06:16.500 --> 00:06:18.590 align:start position:0% portal into anything that I wanted to do with<00:06:16.680> privacy<00:06:17.100> user<00:06:17.820> interactions<00:06:18.300> and<00:06:18.419> so 00:06:18.590 --> 00:06:18.600 align:start position:0% with privacy user interactions and so 00:06:18.600 --> 00:06:21.050 align:start position:0% with privacy user interactions and so forth<00:06:18.900> so<00:06:19.440> the<00:06:19.620> first<00:06:19.740> thing<00:06:19.860> that<00:06:20.039> I<00:06:20.280> as<00:06:20.639> a<00:06:20.880> PC 00:06:21.050 --> 00:06:21.060 align:start position:0% forth so the first thing that I as a PC 00:06:21.060 --> 00:06:22.909 align:start position:0% forth so the first thing that I as a PC user<00:06:21.479> wanting<00:06:21.840> to<00:06:21.960> interact<00:06:22.259> with<00:06:22.380> ethereum 00:06:22.909 --> 00:06:22.919 align:start position:0% user wanting to interact with ethereum 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00:06:30.650 align:start position:0% could do was to interact with ethereum was<00:06:29.220> try<00:06:29.400> to<00:06:29.520> run<00:06:29.639> a<00:06:29.819> node 00:06:30.650 --> 00:06:30.660 align:start position:0% was try to run a node 00:06:30.660 --> 00:06:32.570 align:start position:0% was try to run a node and<00:06:31.199> the<00:06:31.319> first<00:06:31.500> thing<00:06:31.680> I<00:06:31.800> tried<00:06:31.979> to<00:06:32.100> do<00:06:32.220> was 00:06:32.570 --> 00:06:32.580 align:start position:0% and the first thing I tried to do was 00:06:32.580 --> 00:06:35.629 align:start position:0% and the first thing I tried to do was look<00:06:33.539> at<00:06:33.720> the<00:06:33.840> Miss<00:06:34.199> browser<00:06:34.680> and<00:06:35.100> I<00:06:35.340> was<00:06:35.460> able 00:06:35.629 --> 00:06:35.639 align:start position:0% look at the Miss browser and I was able 00:06:35.639 --> 00:06:38.870 align:start position:0% look at the Miss browser and I was able to<00:06:35.699> get<00:06:35.819> it<00:06:35.940> running<00:06:36.319> but<00:06:37.319> the<00:06:37.500> issue<00:06:37.800> was<00:06:37.979> it 00:06:38.870 --> 00:06:38.880 align:start position:0% to get it running but the issue was it 00:06:38.880 --> 00:06:40.730 align:start position:0% to get it running but the issue was it wasn't<00:06:39.180> able<00:06:39.419> to<00:06:39.539> sync<00:06:39.900> so<00:06:40.199> the<00:06:40.319> next<00:06:40.500> option 00:06:40.730 --> 00:06:40.740 align:start position:0% wasn't able to sync so the next option 00:06:40.740 --> 00:06:44.029 align:start position:0% wasn't able to sync so the next option was<00:06:40.919> the<00:06:41.100> parody<00:06:41.400> UI<00:06:41.960> ranit<00:06:42.960> was<00:06:43.560> able<00:06:43.800> to<00:06:43.919> get 00:06:44.029 --> 00:06:44.039 align:start position:0% was the parody UI ranit was able to get 00:06:44.039 --> 00:06:45.770 align:start position:0% was the parody UI ranit was able to get it<00:06:44.160> to<00:06:44.280> sync<00:06:44.580> but<00:06:44.819> there<00:06:45.000> was<00:06:45.120> no<00:06:45.240> features<00:06:45.600> or 00:06:45.770 --> 00:06:45.780 align:start position:0% it to sync but there was no features or 00:06:45.780 --> 00:06:47.930 align:start position:0% it to sync but there was no features or anything<00:06:45.900> functional<00:06:46.740> that<00:06:47.160> would<00:06:47.699> kind<00:06:47.880> of 00:06:47.930 --> 00:06:47.940 align:start position:0% anything functional that would kind of 00:06:47.940 --> 00:06:49.730 align:start position:0% anything functional that would kind of keep<00:06:48.120> me<00:06:48.240> utilizing<00:06:48.840> that<00:06:49.020> service<00:06:49.199> and<00:06:49.620> kind 00:06:49.730 --> 00:06:49.740 align:start position:0% keep me utilizing that service and kind 00:06:49.740 --> 00:06:51.529 align:start position:0% keep me utilizing that service and kind of<00:06:49.800> interact<00:06:50.160> with<00:06:50.280> the<00:06:50.520> ethereum<00:06:50.880> network<00:06:51.300> in 00:06:51.529 --> 00:06:51.539 align:start position:0% of interact with the ethereum network in 00:06:51.539 --> 00:06:53.689 align:start position:0% of interact with the ethereum network in any<00:06:51.720> meaningful<00:06:52.139> manner 00:06:53.689 --> 00:06:53.699 align:start position:0% any meaningful manner 00:06:53.699 --> 00:06:56.090 align:start position:0% any meaningful manner so<00:06:54.419> then<00:06:54.720> at<00:06:55.020> the<00:06:55.139> same<00:06:55.259> time<00:06:55.380> status<00:06:55.800> and 00:06:56.090 --> 00:06:56.100 align:start position:0% so then at the same time status and 00:06:56.100 --> 00:06:57.830 align:start position:0% so then at the same time status and Jared<00:06:56.460> were<00:06:56.639> kind<00:06:56.819> of<00:06:56.940> like<00:06:57.060> evangelizing 00:06:57.830 --> 00:06:57.840 align:start position:0% Jared were kind of like evangelizing 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Technologies<00:07:05.460> to<00:07:05.880> whisper<00:07:06.479> Etc<00:07:06.600> and 00:07:08.330 --> 00:07:08.340 align:start position:0% these Technologies to whisper Etc and 00:07:08.340 --> 00:07:11.689 align:start position:0% these Technologies to whisper Etc and this<00:07:08.699> was<00:07:08.819> around<00:07:09.060> 2016<00:07:09.720> and<00:07:10.560> we're<00:07:10.979> in<00:07:11.100> 2022 00:07:11.689 --> 00:07:11.699 align:start position:0% this was around 2016 and we're in 2022 00:07:11.699 --> 00:07:13.129 align:start position:0% this was around 2016 and we're in 2022 and<00:07:11.940> I<00:07:12.060> want<00:07:12.180> to<00:07:12.300> interact<00:07:12.539> with<00:07:12.660> ethereum 00:07:13.129 --> 00:07:13.139 align:start position:0% and I want to interact with ethereum 00:07:13.139 --> 00:07:15.469 align:start position:0% and I want to interact with ethereum what<00:07:13.440> do<00:07:13.620> I<00:07:13.740> have<00:07:13.860> command<00:07:14.759> line<00:07:14.880> interfaces 00:07:15.469 --> 00:07:15.479 align:start position:0% what do I have command line interfaces 00:07:15.479 --> 00:07:17.330 align:start position:0% what do I have command line interfaces it's<00:07:16.199> unfortunate<00:07:16.680> but<00:07:16.860> there's<00:07:17.039> a<00:07:17.160> lot<00:07:17.280> of 00:07:17.330 --> 00:07:17.340 align:start position:0% it's unfortunate but there's a lot of 00:07:17.340 --> 00:07:18.830 align:start position:0% it's unfortunate but there's a lot of infrastructure<00:07:18.180> work<00:07:18.300> that<00:07:18.479> needs<00:07:18.720> to<00:07:18.780> be 00:07:18.830 --> 00:07:18.840 align:start position:0% infrastructure work that needs to be 00:07:18.840 --> 00:07:20.809 align:start position:0% infrastructure work that needs to be done<00:07:18.960> a<00:07:19.259> lot<00:07:19.380> of<00:07:19.500> resources<00:07:19.979> and<00:07:20.280> issues<00:07:20.639> that 00:07:20.809 --> 00:07:20.819 align:start position:0% done a lot of resources and issues that 00:07:20.819 --> 00:07:22.969 align:start position:0% done a lot of resources and issues that have<00:07:20.940> come<00:07:21.120> up<00:07:21.300> that<00:07:22.020> has<00:07:22.139> still<00:07:22.319> led<00:07:22.560> us<00:07:22.680> to<00:07:22.800> a 00:07:22.969 --> 00:07:22.979 align:start position:0% have come up that has still led us to a 00:07:22.979 --> 00:07:25.010 align:start position:0% have come up that has still led us to a position<00:07:23.099> where<00:07:23.699> normal<00:07:24.120> users<00:07:24.539> that<00:07:24.720> want<00:07:24.900> to 00:07:25.010 --> 00:07:25.020 align:start position:0% position where normal users that want to 00:07:25.020 --> 00:07:27.890 align:start position:0% position where normal users that want to interact<00:07:25.440> with<00:07:25.620> the<00:07:26.220> network<00:07:26.580> State<00:07:26.940> can<00:07:27.660> do 00:07:27.890 --> 00:07:27.900 align:start position:0% interact with the network State can do 00:07:27.900 --> 00:07:29.270 align:start position:0% interact with the network State can do that<00:07:28.020> in<00:07:28.199> a<00:07:28.319> meaningful<00:07:28.560> manner<00:07:28.919> they<00:07:29.160> can't 00:07:29.270 --> 00:07:29.280 align:start position:0% that in a meaningful manner they can't 00:07:29.280 --> 00:07:30.890 align:start position:0% that in a meaningful manner they can't run<00:07:29.460> nodes<00:07:29.759> they<00:07:30.000> can't<00:07:30.120> run<00:07:30.300> infrastructure 00:07:30.890 --> 00:07:30.900 align:start position:0% run nodes they can't run infrastructure 00:07:30.900 --> 00:07:32.570 align:start position:0% run nodes they can't run infrastructure because<00:07:31.380> there's<00:07:31.620> just<00:07:31.800> no<00:07:31.979> easy<00:07:32.160> way<00:07:32.340> for 00:07:32.570 --> 00:07:32.580 align:start position:0% because there's just no easy way for 00:07:32.580 --> 00:07:34.550 align:start position:0% because there's just no easy way for them<00:07:32.699> to<00:07:32.880> do<00:07:33.000> so 00:07:34.550 --> 00:07:34.560 align:start position:0% them to do so 00:07:34.560 --> 00:07:36.589 align:start position:0% them to do so so<00:07:35.160> one<00:07:35.400> thing<00:07:35.520> that<00:07:35.699> we<00:07:35.819> come<00:07:36.060> to<00:07:36.180> realize 00:07:36.589 --> 00:07:36.599 align:start position:0% so one thing that we come to realize 00:07:36.599 --> 00:07:38.870 align:start position:0% so one thing that we come to realize time<00:07:37.259> and<00:07:37.380> time<00:07:37.560> again<00:07:37.740> is<00:07:38.160> that<00:07:38.340> users<00:07:38.699> will 00:07:38.870 --> 00:07:38.880 align:start position:0% time and time again is that users will 00:07:38.880 --> 00:07:40.070 align:start position:0% time and time again is that users will always<00:07:39.060> give<00:07:39.240> up<00:07:39.360> their<00:07:39.539> Liberties<00:07:39.900> for 00:07:40.070 --> 00:07:40.080 align:start position:0% always give up their Liberties for 00:07:40.080 --> 00:07:41.089 align:start position:0% always give up their Liberties for convenience 00:07:41.089 --> 00:07:41.099 align:start position:0% convenience 00:07:41.099 --> 00:07:43.909 align:start position:0% convenience and<00:07:41.940> this<00:07:42.300> happens<00:07:42.479> within<00:07:43.199> social<00:07:43.500> media 00:07:43.909 --> 00:07:43.919 align:start position:0% and this happens within social media 00:07:43.919 --> 00:07:46.010 align:start position:0% and this happens within social media networks<00:07:44.340> where<00:07:44.819> the<00:07:45.060> users<00:07:45.419> give<00:07:45.599> up<00:07:45.780> their 00:07:46.010 --> 00:07:46.020 align:start position:0% networks where the users give up their 00:07:46.020 --> 00:07:49.010 align:start position:0% networks where the users give up their data<00:07:46.319> privacy<00:07:46.919> just<00:07:47.759> for<00:07:48.000> the<00:07:48.120> sake<00:07:48.300> of<00:07:48.539> quick 00:07:49.010 --> 00:07:49.020 align:start position:0% data privacy just for the sake of quick 00:07:49.020 --> 00:07:51.230 align:start position:0% data privacy just for the sake of quick access<00:07:49.259> and<00:07:49.680> the<00:07:49.860> ability<00:07:50.099> to<00:07:50.400> interact<00:07:50.819> with 00:07:51.230 --> 00:07:51.240 align:start position:0% access and the ability to interact with 00:07:51.240 --> 00:07:53.089 align:start position:0% access and the ability to interact with certain<00:07:51.720> use<00:07:51.960> cases<00:07:52.199> that<00:07:52.500> are<00:07:52.680> not<00:07:52.919> available 00:07:53.089 --> 00:07:53.099 align:start position:0% certain use cases that are not available 00:07:53.099 --> 00:07:55.070 align:start position:0% certain use cases that are not available and<00:07:53.940> that<00:07:54.180> doesn't<00:07:54.300> require<00:07:54.599> them<00:07:54.900> to 00:07:55.070 --> 00:07:55.080 align:start position:0% and that doesn't require them to 00:07:55.080 --> 00:07:57.050 align:start position:0% and that doesn't require them to actually<00:07:55.259> run<00:07:55.500> any<00:07:55.680> infrastructure<00:07:56.340> or<00:07:56.759> node 00:07:57.050 --> 00:07:57.060 align:start position:0% actually run any infrastructure or node 00:07:57.060 --> 00:07:58.670 align:start position:0% actually run any infrastructure or node Services<00:07:57.660> Etc 00:07:58.670 --> 00:07:58.680 align:start position:0% Services Etc 00:07:58.680 --> 00:08:00.230 align:start position:0% Services Etc and<00:07:59.220> they<00:07:59.460> really<00:07:59.639> don't<00:07:59.819> have<00:08:00.000> that 00:08:00.230 --> 00:08:00.240 align:start position:0% and they really don't have that 00:08:00.240 --> 00:08:01.730 align:start position:0% and they really don't have that bandwidth<00:08:00.720> or<00:08:00.840> the<00:08:00.960> time<00:08:01.080> or<00:08:01.259> the<00:08:01.380> allocation 00:08:01.730 --> 00:08:01.740 align:start position:0% bandwidth or the time or the allocation 00:08:01.740 --> 00:08:03.050 align:start position:0% bandwidth or the time or the allocation to<00:08:01.979> actually<00:08:02.160> worry<00:08:02.400> about<00:08:02.580> some<00:08:02.819> of<00:08:02.940> this 00:08:03.050 --> 00:08:03.060 align:start position:0% to actually worry about some of this 00:08:03.060 --> 00:08:03.890 align:start position:0% to actually worry about some of this stuff<00:08:03.240> when<00:08:03.479> it<00:08:03.599> comes<00:08:03.720> to<00:08:03.780> running 00:08:03.890 --> 00:08:03.900 align:start position:0% stuff when it comes to running 00:08:03.900 --> 00:08:05.689 align:start position:0% stuff when it comes to running infrastructure 00:08:05.689 --> 00:08:05.699 align:start position:0% infrastructure 00:08:05.699 --> 00:08:07.909 align:start position:0% infrastructure so<00:08:06.180> we<00:08:06.300> get<00:08:06.479> into<00:08:06.660> this<00:08:06.900> situation<00:08:07.380> where 00:08:07.909 --> 00:08:07.919 align:start position:0% so we get into this situation where 00:08:07.919 --> 00:08:09.710 align:start position:0% so we get into this situation where we're<00:08:08.220> kind<00:08:08.400> of<00:08:08.460> like<00:08:08.639> the<00:08:08.880> the<00:08:09.000> citizens<00:08:09.479> of 00:08:09.710 --> 00:08:09.720 align:start position:0% we're kind of like the the citizens of 00:08:09.720 --> 00:08:11.689 align:start position:0% we're kind of like the the citizens of Springfield<00:08:10.199> and<00:08:11.039> we<00:08:11.220> just<00:08:11.340> want<00:08:11.460> someone 00:08:11.689 --> 00:08:11.699 align:start position:0% Springfield and we just want someone 00:08:11.699 --> 00:08:13.189 align:start position:0% Springfield and we just want someone else<00:08:11.880> to<00:08:12.060> take<00:08:12.180> care<00:08:12.300> of<00:08:12.419> all<00:08:12.539> our<00:08:12.720> problems 00:08:13.189 --> 00:08:13.199 align:start position:0% else to take care of all our problems 00:08:13.199 --> 00:08:15.409 align:start position:0% else to take care of all our problems and<00:08:13.979> we<00:08:14.160> just<00:08:14.340> kind<00:08:14.460> of<00:08:14.580> operate<00:08:14.880> within<00:08:15.240> that 00:08:15.409 --> 00:08:15.419 align:start position:0% and we just kind of operate within that 00:08:15.419 --> 00:08:17.689 align:start position:0% and we just kind of operate within that mental<00:08:15.780> framework 00:08:17.689 --> 00:08:17.699 align:start position:0% mental framework 00:08:17.699 --> 00:08:19.490 align:start position:0% mental framework um<00:08:17.819> and<00:08:18.120> I<00:08:18.240> think<00:08:18.419> it's 00:08:19.490 --> 00:08:19.500 align:start position:0% um and I think it's 00:08:19.500 --> 00:08:22.189 align:start position:0% um and I think it's it's<00:08:19.979> really<00:08:20.580> a<00:08:21.360> disservice<00:08:21.780> to<00:08:22.080> the 00:08:22.189 --> 00:08:22.199 align:start position:0% it's really a disservice to the 00:08:22.199 --> 00:08:25.490 align:start position:0% it's really a disservice to the ecosystem<00:08:22.620> and<00:08:23.160> the<00:08:23.400> the<00:08:23.699> intended 00:08:25.490 --> 00:08:25.500 align:start position:0% ecosystem and the the intended 00:08:25.500 --> 00:08:27.950 align:start position:0% ecosystem and the the intended purpose<00:08:26.099> of<00:08:26.340> why<00:08:26.580> we<00:08:26.819> are<00:08:27.000> here<00:08:27.419> in<00:08:27.660> the<00:08:27.840> first 00:08:27.950 --> 00:08:27.960 align:start position:0% purpose of why we are here in the first 00:08:27.960 --> 00:08:31.189 align:start position:0% purpose of why we are here in the first place<00:08:28.340> uh<00:08:29.340> because<00:08:29.580> we<00:08:30.300> want<00:08:30.539> control<00:08:30.840> over 00:08:31.189 --> 00:08:31.199 align:start position:0% place uh because we want control over 00:08:31.199 --> 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and<00:08:40.140> putting<00:08:40.500> a<00:08:40.680> lot<00:08:40.800> of 00:08:40.909 --> 00:08:40.919 align:start position:0% intermediate areas and putting a lot of 00:08:40.919 --> 00:08:44.089 align:start position:0% intermediate areas and putting a lot of trust<00:08:41.399> in<00:08:41.580> them<00:08:41.760> to<00:08:42.419> give<00:08:43.080> us<00:08:43.260> what<00:08:43.560> we<00:08:43.860> should 00:08:44.089 --> 00:08:44.099 align:start position:0% trust in them to give us what we should 00:08:44.099 --> 00:08:47.389 align:start position:0% trust in them to give us what we should be<00:08:44.779> optimizing<00:08:45.779> for 00:08:47.389 --> 00:08:47.399 align:start position:0% be optimizing for 00:08:47.399 --> 00:08:50.509 align:start position:0% be optimizing for so<00:08:48.000> when<00:08:48.300> we<00:08:48.600> look<00:08:49.200> at<00:08:49.380> who<00:08:49.620> is<00:08:49.860> there<00:08:50.040> to<00:08:50.220> blame 00:08:50.509 --> 00:08:50.519 align:start position:0% so when we look at who is there to blame 00:08:50.519 --> 00:08:52.850 align:start position:0% so when we look at who is there to blame it<00:08:50.820> it<00:08:50.880> is<00:08:51.360> the<00:08:51.720> the<00:08:51.899> ecosystem<00:08:52.380> as<00:08:52.620> a<00:08:52.800> whole 00:08:52.850 --> 00:08:52.860 align:start position:0% it it is the the ecosystem as a whole 00:08:52.860 --> 00:08:54.530 align:start position:0% it it is the the ecosystem as a whole and<00:08:53.100> the<00:08:53.279> key<00:08:53.399> decisions<00:08:53.700> that<00:08:54.000> we<00:08:54.120> have<00:08:54.240> made 00:08:54.530 --> 00:08:54.540 align:start position:0% and the key decisions that we have made 00:08:54.540 --> 00:08:56.509 align:start position:0% and the key decisions that we have made when<00:08:55.140> it<00:08:55.320> comes<00:08:55.440> to<00:08:55.620> trying<00:08:55.860> to<00:08:55.980> optimize<00:08:56.339> for 00:08:56.509 --> 00:08:56.519 align:start position:0% when it comes to trying to optimize for 00:08:56.519 --> 00:08:58.370 align:start position:0% when it comes to trying to optimize for whether<00:08:56.760> it's<00:08:56.940> adoption<00:08:57.480> or<00:08:58.200> other 00:08:58.370 --> 00:08:58.380 align:start position:0% whether it's adoption or other 00:08:58.380 --> 00:09:00.170 align:start position:0% whether it's adoption or other consequences<00:08:58.980> of<00:08:59.339> Technology<00:08:59.700> limitations 00:09:00.170 --> 00:09:00.180 align:start position:0% consequences of Technology limitations 00:09:00.180 --> 00:09:01.730 align:start position:0% consequences of Technology limitations that<00:09:00.480> have<00:09:00.600> been<00:09:00.779> there<00:09:00.959> so<00:09:01.200> what<00:09:01.680> does 00:09:01.730 --> 00:09:01.740 align:start position:0% that have been there so what does 00:09:01.740 --> 00:09:03.470 align:start position:0% that have been there so what does decentralization<00:09:02.399> currently<00:09:03.000> look<00:09:03.180> like<00:09:03.300> in 00:09:03.470 --> 00:09:03.480 align:start position:0% decentralization currently look like in 00:09:03.480 --> 00:09:05.750 align:start position:0% decentralization currently look like in the<00:09:03.600> ethereum<00:09:03.839> ecosystem<00:09:04.320> it's<00:09:05.279> it's<00:09:05.640> it's 00:09:05.750 --> 00:09:05.760 align:start position:0% the ethereum ecosystem it's it's it's 00:09:05.760 --> 00:09:08.269 align:start position:0% the ethereum ecosystem it's it's it's you<00:09:06.720> have<00:09:06.899> to<00:09:07.019> be<00:09:07.080> kind<00:09:07.260> of<00:09:07.380> mindful<00:09:07.620> and<00:09:07.920> kind 00:09:08.269 --> 00:09:08.279 align:start position:0% you have to be kind of mindful and kind 00:09:08.279 --> 00:09:10.430 align:start position:0% you have to be kind of mindful and kind of<00:09:08.399> step<00:09:08.760> back<00:09:09.000> and<00:09:09.300> actually<00:09:09.540> evaluate<00:09:10.080> that 00:09:10.430 --> 00:09:10.440 align:start position:0% of step back and actually evaluate that 00:09:10.440 --> 00:09:12.470 align:start position:0% of step back and actually evaluate that most<00:09:11.100> of<00:09:11.220> the<00:09:11.279> key<00:09:11.459> ownership<00:09:11.820> or<00:09:12.060> individuals 00:09:12.470 --> 00:09:12.480 align:start position:0% most of the key ownership or individuals 00:09:12.480 --> 00:09:14.329 align:start position:0% most of the key ownership or individuals that<00:09:12.660> actually<00:09:12.839> invest<00:09:13.200> in<00:09:13.380> crypto<00:09:13.800> tokens 00:09:14.329 --> 00:09:14.339 align:start position:0% that actually invest in crypto tokens 00:09:14.339 --> 00:09:16.790 align:start position:0% that actually invest in crypto tokens Etc<00:09:14.459> hold<00:09:15.240> their<00:09:15.480> keys<00:09:15.839> on<00:09:16.320> centralized 00:09:16.790 --> 00:09:16.800 align:start position:0% Etc hold their keys on centralized 00:09:16.800 --> 00:09:18.410 align:start position:0% Etc hold their keys on centralized exchanges<00:09:17.279> so<00:09:17.519> there's<00:09:17.820> there's<00:09:18.240> a 00:09:18.410 --> 00:09:18.420 align:start position:0% exchanges so there's there's a 00:09:18.420 --> 00:09:19.790 align:start position:0% exchanges so there's there's a centralized<00:09:18.779> party<00:09:18.959> taking<00:09:19.200> control<00:09:19.440> of<00:09:19.620> this 00:09:19.790 --> 00:09:19.800 align:start position:0% centralized party taking control of this 00:09:19.800 --> 00:09:21.410 align:start position:0% centralized party taking control of this stuff<00:09:19.980> in<00:09:20.100> the<00:09:20.220> first<00:09:20.279> place<00:09:20.459> when<00:09:21.120> it<00:09:21.240> comes 00:09:21.410 --> 00:09:21.420 align:start position:0% stuff in the first place when it comes 00:09:21.420 --> 00:09:23.449 align:start position:0% stuff in the first place when it comes to<00:09:21.480> no<00:09:21.660> infrastructure<00:09:22.320> majority<00:09:23.040> of<00:09:23.100> nodes 00:09:23.449 --> 00:09:23.459 align:start position:0% to no infrastructure majority of nodes 00:09:23.459 --> 00:09:25.970 align:start position:0% to no infrastructure majority of nodes are<00:09:23.700> actually<00:09:23.880> running<00:09:24.060> on<00:09:24.300> Amazon<00:09:24.480> AWS<00:09:25.260> and 00:09:25.970 --> 00:09:25.980 align:start position:0% are actually running on Amazon AWS and 00:09:25.980 --> 00:09:28.310 align:start position:0% are actually running on Amazon AWS and cloud<00:09:26.220> services<00:09:26.519> so<00:09:27.240> you're<00:09:27.540> kind<00:09:27.720> of<00:09:27.839> back<00:09:28.019> at 00:09:28.310 --> 00:09:28.320 align:start position:0% cloud services so you're kind of back at 00:09:28.320 --> 00:09:29.690 align:start position:0% cloud services so you're kind of back at Ground<00:09:28.440> Zero<00:09:28.920> again 00:09:29.690 --> 00:09:29.700 align:start position:0% Ground Zero again 00:09:29.700 --> 00:09:31.430 align:start position:0% Ground Zero again similarly<00:09:30.540> when<00:09:30.779> it<00:09:30.959> comes<00:09:31.019> to<00:09:31.140> data 00:09:31.430 --> 00:09:31.440 align:start position:0% similarly when it comes to data 00:09:31.440 --> 00:09:33.730 align:start position:0% similarly when it comes to data availability<00:09:31.740> or<00:09:32.279> getting<00:09:32.519> access<00:09:32.760> to 00:09:33.730 --> 00:09:33.740 align:start position:0% availability or getting access to 00:09:33.740 --> 00:09:36.410 align:start position:0% availability or getting access to the<00:09:34.740> transactions<00:09:35.580> and<00:09:35.760> so<00:09:35.880> forth<00:09:36.060> you're 00:09:36.410 --> 00:09:36.420 align:start position:0% the transactions and so forth you're 00:09:36.420 --> 00:09:38.329 align:start position:0% the transactions and so forth you're relying<00:09:36.839> on<00:09:36.959> inferior<00:09:37.560> when<00:09:37.980> it<00:09:38.100> comes<00:09:38.279> to 00:09:38.329 --> 00:09:38.339 align:start position:0% relying on inferior when it comes to 00:09:38.339 --> 00:09:41.150 align:start position:0% relying on inferior when it comes to staking<00:09:38.700> a<00:09:39.360> lot<00:09:39.480> of<00:09:39.660> the<00:09:39.839> staking<00:09:40.320> is<00:09:40.920> actually 00:09:41.150 --> 00:09:41.160 align:start position:0% staking a lot of the staking is actually 00:09:41.160 --> 00:09:42.650 align:start position:0% staking a lot of the staking is actually Consolidated<00:09:41.760> on<00:09:42.000> staking<00:09:42.240> pools<00:09:42.540> or 00:09:42.650 --> 00:09:42.660 align:start position:0% Consolidated on staking pools or 00:09:42.660 --> 00:09:43.850 align:start position:0% Consolidated on staking pools or centralized<00:09:43.080> exchanges<00:09:43.440> at<00:09:43.620> this<00:09:43.740> point 00:09:43.850 --> 00:09:43.860 align:start position:0% centralized exchanges at this point 00:09:43.860 --> 00:09:46.490 align:start position:0% centralized exchanges at this point which<00:09:44.459> is<00:09:44.580> a<00:09:44.760> huge<00:09:45.000> problem<00:09:45.180> uh<00:09:46.080> when<00:09:46.260> you<00:09:46.380> do 00:09:46.490 --> 00:09:46.500 align:start position:0% which is a huge problem uh when you do 00:09:46.500 --> 00:09:48.350 align:start position:0% which is a huge problem uh when you do get<00:09:46.620> into<00:09:46.800> censorship<00:09:47.339> and<00:09:47.820> those 00:09:48.350 --> 00:09:48.360 align:start position:0% get into censorship and those 00:09:48.360 --> 00:09:50.750 align:start position:0% get into censorship and those organizations<00:09:49.080> having<00:09:49.800> to<00:09:50.160> kind<00:09:50.399> of<00:09:50.519> function 00:09:50.750 --> 00:09:50.760 align:start position:0% organizations having to kind of function 00:09:50.760 --> 00:09:53.030 align:start position:0% organizations having to kind of function within<00:09:51.180> certain<00:09:51.360> jurisdictions<00:09:52.140> and<00:09:52.740> laws 00:09:53.030 --> 00:09:53.040 align:start position:0% within certain jurisdictions and laws 00:09:53.040 --> 00:09:54.530 align:start position:0% within certain jurisdictions and laws that<00:09:53.220> they<00:09:53.339> must<00:09:53.459> abide<00:09:53.820> by 00:09:54.530 --> 00:09:54.540 align:start position:0% that they must abide by 00:09:54.540 --> 00:09:56.090 align:start position:0% that they must abide by additionally<00:09:55.260> when<00:09:55.500> it<00:09:55.620> comes<00:09:55.740> to<00:09:55.860> network 00:09:56.090 --> 00:09:56.100 align:start position:0% additionally when it comes to network 00:09:56.100 --> 00:09:58.250 align:start position:0% additionally when it comes to network security<00:09:56.420> we<00:09:57.420> have<00:09:57.540> issues<00:09:57.839> with<00:09:58.019> client 00:09:58.250 --> 00:09:58.260 align:start position:0% security we have issues with client 00:09:58.260 --> 00:10:00.350 align:start position:0% security we have issues with client diversity<00:09:58.740> so<00:09:59.040> like<00:09:59.279> the<00:09:59.459> major<00:09:59.640> execution 00:10:00.350 --> 00:10:00.360 align:start position:0% diversity so like the major execution 00:10:00.360 --> 00:10:02.990 align:start position:0% diversity so like the major execution client<00:10:00.779> is<00:10:01.500> get<00:10:01.800> which<00:10:02.100> occupies<00:10:02.519> close<00:10:02.760> to<00:10:02.880> 80 00:10:02.990 --> 00:10:03.000 align:start position:0% client is get which occupies close to 80 00:10:03.000 --> 00:10:04.730 align:start position:0% client is get which occupies close to 80 which<00:10:03.600> is<00:10:03.720> a<00:10:03.779> huge<00:10:04.019> issue<00:10:04.260> when<00:10:04.380> it<00:10:04.500> comes<00:10:04.620> to 00:10:04.730 --> 00:10:04.740 align:start position:0% which is a huge issue when it comes to 00:10:04.740 --> 00:10:06.829 align:start position:0% which is a huge issue when it comes to network<00:10:04.920> security<00:10:05.360> additionally<00:10:06.360> we<00:10:06.720> did 00:10:06.829 --> 00:10:06.839 align:start position:0% network security additionally we did 00:10:06.839 --> 00:10:08.329 align:start position:0% network security additionally we did have<00:10:06.959> issues<00:10:07.260> with<00:10:07.440> prism<00:10:07.620> being<00:10:07.920> a<00:10:08.040> majority 00:10:08.329 --> 00:10:08.339 align:start position:0% have issues with prism being a majority 00:10:08.339 --> 00:10:10.130 align:start position:0% have issues with prism being a majority client<00:10:08.580> but<00:10:08.820> the<00:10:09.000> community<00:10:09.120> did<00:10:09.540> a<00:10:09.720> lot<00:10:09.779> of 00:10:10.130 --> 00:10:10.140 align:start position:0% client but the community did a lot of 00:10:10.140 --> 00:10:12.590 align:start position:0% client but the community did a lot of energy<00:10:10.440> and<00:10:10.920> focus<00:10:11.220> on<00:10:11.399> that<00:10:11.640> we're<00:10:12.120> at<00:10:12.360> a<00:10:12.480> good 00:10:12.590 --> 00:10:12.600 align:start position:0% energy and focus on that we're at a good 00:10:12.600 --> 00:10:14.449 align:start position:0% energy and focus on that we're at a good position<00:10:13.080> there<00:10:13.380> but<00:10:13.680> still<00:10:13.860> there<00:10:14.160> is<00:10:14.279> a<00:10:14.399> lot 00:10:14.449 --> 00:10:14.459 align:start position:0% position there but still there is a lot 00:10:14.459 --> 00:10:16.310 align:start position:0% position there but still there is a lot of<00:10:14.580> work<00:10:14.700> that<00:10:14.940> needs<00:10:15.180> to<00:10:15.180> be<00:10:15.300> done<00:10:15.420> there<00:10:15.660> and 00:10:16.310 --> 00:10:16.320 align:start position:0% of work that needs to be done there and 00:10:16.320 --> 00:10:17.389 align:start position:0% of work that needs to be done there and when<00:10:16.380> it<00:10:16.560> comes<00:10:16.620> to<00:10:16.800> dapps<00:10:17.160> or<00:10:17.279> other 00:10:17.389 --> 00:10:17.399 align:start position:0% when it comes to dapps or other 00:10:17.399 --> 00:10:19.009 align:start position:0% when it comes to dapps or other resources 00:10:19.009 --> 00:10:19.019 align:start position:0% resources 00:10:19.019 --> 00:10:20.690 align:start position:0% resources um you<00:10:19.380> know<00:10:19.440> you're<00:10:19.740> basically<00:10:19.980> reliant<00:10:20.519> on 00:10:20.690 --> 00:10:20.700 align:start position:0% um you know you're basically reliant on 00:10:20.700 --> 00:10:22.630 align:start position:0% um you know you're basically reliant on things<00:10:20.880> like<00:10:21.060> open<00:10:21.240> C<00:10:21.540> which<00:10:21.959> are<00:10:22.140> not<00:10:22.320> very 00:10:22.630 --> 00:10:22.640 align:start position:0% things like open C which are not very 00:10:22.640 --> 00:10:24.889 align:start position:0% things like open C which are not very decentralized<00:10:23.640> in<00:10:23.820> any<00:10:23.940> manner<00:10:24.240> as<00:10:24.360> well<00:10:24.540> so 00:10:24.889 --> 00:10:24.899 align:start position:0% decentralized in any manner as well so 00:10:24.899 --> 00:10:26.630 align:start position:0% decentralized in any manner as well so unless<00:10:25.200> you<00:10:25.380> really<00:10:25.560> run<00:10:25.740> an<00:10:25.980> ethereum<00:10:26.339> nodes 00:10:26.630 --> 00:10:26.640 align:start position:0% unless you really run an ethereum nodes 00:10:26.640 --> 00:10:28.070 align:start position:0% unless you really run an ethereum nodes you're<00:10:26.880> not<00:10:27.000> you're<00:10:27.300> like<00:10:27.420> trusting<00:10:27.839> third 00:10:28.070 --> 00:10:28.080 align:start position:0% you're not you're like trusting third 00:10:28.080 --> 00:10:29.930 align:start position:0% you're not you're like trusting third parties<00:10:28.500> to<00:10:29.040> provide<00:10:29.339> you<00:10:29.459> access<00:10:29.640> to<00:10:29.880> the 00:10:29.930 --> 00:10:29.940 align:start position:0% parties to provide you access to the 00:10:29.940 --> 00:10:32.269 align:start position:0% parties to provide you access to the blockchain<00:10:30.300> and<00:10:31.080> which<00:10:31.260> is<00:10:31.440> not<00:10:31.620> really<00:10:31.860> the 00:10:32.269 --> 00:10:32.279 align:start position:0% blockchain and which is not really the 00:10:32.279 --> 00:10:34.250 align:start position:0% blockchain and which is not really the the<00:10:32.519> core<00:10:33.240> value<00:10:33.420> of<00:10:33.660> what<00:10:33.779> we<00:10:33.899> were<00:10:34.019> trying<00:10:34.140> to 00:10:34.250 --> 00:10:34.260 align:start position:0% the core value of what we were trying to 00:10:34.260 --> 00:10:35.990 align:start position:0% the core value of what we were trying to achieve<00:10:34.620> so<00:10:35.100> you're<00:10:35.220> not<00:10:35.399> really<00:10:35.580> truly 00:10:35.990 --> 00:10:36.000 align:start position:0% achieve so you're not really truly 00:10:36.000 --> 00:10:38.329 align:start position:0% achieve so you're not really truly participating<00:10:36.420> in<00:10:36.660> this<00:10:36.779> P2P<00:10:37.200> network<00:10:37.500> uh 00:10:38.329 --> 00:10:38.339 align:start position:0% participating in this P2P network uh 00:10:38.339 --> 00:10:40.009 align:start position:0% participating in this P2P network uh you're<00:10:38.459> not<00:10:38.640> properly<00:10:39.060> propagating<00:10:39.660> your<00:10:39.899> own 00:10:40.009 --> 00:10:40.019 align:start position:0% you're not properly propagating your own 00:10:40.019 --> 00:10:41.449 align:start position:0% you're not properly propagating your own transactions<00:10:40.500> to<00:10:40.620> the<00:10:40.800> network<00:10:40.920> you're 00:10:41.449 --> 00:10:41.459 align:start position:0% transactions to the network you're 00:10:41.459 --> 00:10:43.009 align:start position:0% transactions to the network you're dependent<00:10:41.820> on<00:10:42.000> things<00:10:42.120> like<00:10:42.300> metamatch<00:10:42.779> to 00:10:43.009 --> 00:10:43.019 align:start position:0% dependent on things like metamatch to 00:10:43.019 --> 00:10:44.630 align:start position:0% dependent on things like metamatch to connect<00:10:43.140> to<00:10:43.320> inferior<00:10:43.920> and<00:10:44.339> then<00:10:44.459> you're 00:10:44.630 --> 00:10:44.640 align:start position:0% connect to inferior and then you're 00:10:44.640 --> 00:10:47.090 align:start position:0% connect to inferior and then you're looking<00:10:44.880> at<00:10:45.000> etherscan<00:10:45.720> and<00:10:46.440> just<00:10:46.800> giving 00:10:47.090 --> 00:10:47.100 align:start position:0% looking at etherscan and just giving 00:10:47.100 --> 00:10:48.889 align:start position:0% looking at etherscan and just giving this<00:10:47.399> inherent<00:10:47.880> trust<00:10:48.540> to<00:10:48.720> these 00:10:48.889 --> 00:10:48.899 align:start position:0% this inherent trust to these 00:10:48.899 --> 00:10:50.990 align:start position:0% this inherent trust to these organizations<00:10:49.380> and<00:10:49.740> these<00:10:49.980> services<00:10:50.279> to 00:10:50.990 --> 00:10:51.000 align:start position:0% organizations and these services to 00:10:51.000 --> 00:10:52.310 align:start position:0% organizations and these services to provide<00:10:51.240> you<00:10:51.360> the<00:10:51.600> information<00:10:51.779> that<00:10:52.200> you're 00:10:52.310 --> 00:10:52.320 align:start position:0% provide you the information that you're 00:10:52.320 --> 00:10:54.110 align:start position:0% provide you the information that you're looking<00:10:52.500> for<00:10:52.740> and<00:10:53.160> for<00:10:53.399> it<00:10:53.519> to<00:10:53.640> be<00:10:53.760> accurate<00:10:54.000> in 00:10:54.110 --> 00:10:54.120 align:start position:0% looking for and for it to be accurate in 00:10:54.120 --> 00:10:54.949 align:start position:0% looking for and for it to be accurate in the<00:10:54.240> first<00:10:54.300> place 00:10:54.949 --> 00:10:54.959 align:start position:0% the first place 00:10:54.959 --> 00:10:56.930 align:start position:0% the first place so<00:10:55.440> when<00:10:55.620> you<00:10:55.740> look<00:10:55.860> at<00:10:56.040> like<00:10:56.279> the<00:10:56.579> the 00:10:56.930 --> 00:10:56.940 align:start position:0% so when you look at like the the 00:10:56.940 --> 00:10:58.610 align:start position:0% so when you look at like the the participation<00:10:57.720> of<00:10:58.019> the<00:10:58.260> current<00:10:58.380> POS 00:10:58.610 --> 00:10:58.620 align:start position:0% participation of the current POS 00:10:58.620 --> 00:11:00.949 align:start position:0% participation of the current POS validator<00:10:59.579> nodes<00:10:59.940> within<00:11:00.420> the<00:11:00.540> context<00:11:00.839> of 00:11:00.949 --> 00:11:00.959 align:start position:0% validator nodes within the context of 00:11:00.959 --> 00:11:02.810 align:start position:0% validator nodes within the context of the<00:11:01.079> world<00:11:01.200> you<00:11:01.800> can<00:11:01.920> see<00:11:02.100> that<00:11:02.279> majority<00:11:02.700> of 00:11:02.810 --> 00:11:02.820 align:start position:0% the world you can see that majority of 00:11:02.820 --> 00:11:04.370 align:start position:0% the world you can see that majority of individuals<00:11:03.300> that<00:11:03.480> are<00:11:03.600> participating<00:11:04.019> are 00:11:04.370 --> 00:11:04.380 align:start position:0% individuals that are participating are 00:11:04.380 --> 00:11:05.690 align:start position:0% individuals that are participating are within<00:11:04.680> the<00:11:04.800> North<00:11:04.920> America<00:11:05.160> and<00:11:05.459> Europe 00:11:05.690 --> 00:11:05.700 align:start position:0% within the North America and Europe 00:11:05.700 --> 00:11:08.090 align:start position:0% within the North America and Europe regions<00:11:06.300> and<00:11:07.019> this<00:11:07.140> is<00:11:07.260> a<00:11:07.380> concern<00:11:07.680> as<00:11:07.860> far<00:11:07.980> as 00:11:08.090 --> 00:11:08.100 align:start position:0% regions and this is a concern as far as 00:11:08.100 --> 00:11:09.769 align:start position:0% regions and this is a concern as far as diversity<00:11:08.519> is<00:11:08.640> concerned<00:11:09.060> as<00:11:09.180> well<00:11:09.300> you<00:11:09.660> can 00:11:09.769 --> 00:11:09.779 align:start position:0% diversity is concerned as well you can 00:11:09.779 --> 00:11:11.930 align:start position:0% diversity is concerned as well you can see<00:11:09.899> there's<00:11:10.200> a<00:11:10.380> bit<00:11:10.560> of<00:11:10.740> action<00:11:11.040> within<00:11:11.640> the 00:11:11.930 --> 00:11:11.940 align:start position:0% see there's a bit of action within the 00:11:11.940 --> 00:11:14.090 align:start position:0% see there's a bit of action within the East<00:11:12.360> Asian<00:11:12.720> communities<00:11:13.140> but<00:11:13.560> that<00:11:13.740> is<00:11:13.920> still 00:11:14.090 --> 00:11:14.100 align:start position:0% East Asian communities but that is still 00:11:14.100 --> 00:11:16.370 align:start position:0% East Asian communities but that is still very<00:11:14.339> limited<00:11:14.760> and<00:11:15.540> it's<00:11:15.660> quite<00:11:15.899> interesting 00:11:16.370 --> 00:11:16.380 align:start position:0% very limited and it's quite interesting 00:11:16.380 --> 00:11:18.170 align:start position:0% very limited and it's quite interesting to<00:11:16.680> kind<00:11:16.800> of<00:11:16.860> like<00:11:16.980> map<00:11:17.220> this<00:11:17.519> to<00:11:17.880> the 00:11:18.170 --> 00:11:18.180 align:start position:0% to kind of like map this to the 00:11:18.180 --> 00:11:19.870 align:start position:0% to kind of like map this to the participation<00:11:18.720> from 00:11:19.870 --> 00:11:19.880 align:start position:0% participation from 00:11:19.880 --> 00:11:23.150 align:start position:0% participation from ethereum<00:11:20.880> Global<00:11:21.420> online<00:11:21.660> hackers<00:11:22.260> it<00:11:23.040> kind 00:11:23.150 --> 00:11:23.160 align:start position:0% ethereum Global online hackers it kind 00:11:23.160 --> 00:11:25.250 align:start position:0% ethereum Global online hackers it kind of<00:11:23.220> maps<00:11:23.459> quite 00:11:25.250 --> 00:11:25.260 align:start position:0% of maps quite 00:11:25.260 --> 00:11:27.530 align:start position:0% of maps quite nicely<00:11:26.160> aside<00:11:26.640> from<00:11:26.820> the<00:11:27.120> fact<00:11:27.240> that<00:11:27.420> there's 00:11:27.530 --> 00:11:27.540 align:start position:0% nicely aside from the fact that there's 00:11:27.540 --> 00:11:29.090 align:start position:0% nicely aside from the fact that there's a<00:11:27.720> lot<00:11:27.779> of<00:11:27.899> developer<00:11:28.260> activity<00:11:28.620> happening<00:11:28.980> in 00:11:29.090 --> 00:11:29.100 align:start position:0% a lot of developer activity happening in 00:11:29.100 --> 00:11:32.150 align:start position:0% a lot of developer activity happening in India<00:11:29.459> but<00:11:30.360> there<00:11:30.839> isn't<00:11:31.140> too<00:11:31.320> much<00:11:31.560> staking 00:11:32.150 --> 00:11:32.160 align:start position:0% India but there isn't too much staking 00:11:32.160 --> 00:11:35.210 align:start position:0% India but there isn't too much staking happening<00:11:32.579> there<00:11:32.779> so<00:11:33.779> I<00:11:34.079> think<00:11:34.260> it's<00:11:34.620> good<00:11:34.980> to 00:11:35.210 --> 00:11:35.220 align:start position:0% happening there so I think it's good to 00:11:35.220 --> 00:11:38.090 align:start position:0% happening there so I think it's good to know<00:11:35.399> that<00:11:35.880> there<00:11:36.600> is<00:11:36.959> a<00:11:37.560> lot<00:11:37.620> of<00:11:37.740> work<00:11:37.920> that 00:11:38.090 --> 00:11:38.100 align:start position:0% know that there is a lot of work that 00:11:38.100 --> 00:11:39.769 align:start position:0% know that there is a lot of work that needs<00:11:38.339> to<00:11:38.339> be<00:11:38.459> done<00:11:38.640> as<00:11:38.940> far<00:11:39.120> as<00:11:39.240> making<00:11:39.540> sure 00:11:39.769 --> 00:11:39.779 align:start position:0% needs to be done as far as making sure 00:11:39.779 --> 00:11:42.769 align:start position:0% needs to be done as far as making sure that<00:11:40.140> we've<00:11:40.860> created<00:11:41.160> the<00:11:41.339> ecosystem<00:11:41.880> and<00:11:42.600> the 00:11:42.769 --> 00:11:42.779 align:start position:0% that we've created the ecosystem and the 00:11:42.779 --> 00:11:44.990 align:start position:0% that we've created the ecosystem and the resources<00:11:43.260> for<00:11:43.560> these<00:11:43.920> Network<00:11:44.279> participants 00:11:44.990 --> 00:11:45.000 align:start position:0% resources for these Network participants 00:11:45.000 --> 00:11:46.910 align:start position:0% resources for these Network participants to<00:11:45.240> come<00:11:45.420> in<00:11:45.540> from<00:11:45.779> these<00:11:46.200> locations<00:11:46.680> that 00:11:46.910 --> 00:11:46.920 align:start position:0% to come in from these locations that 00:11:46.920 --> 00:11:49.130 align:start position:0% to come in from these locations that might<00:11:47.100> not<00:11:47.279> have<00:11:47.459> the<00:11:47.700> resources<00:11:48.060> to<00:11:48.300> do<00:11:48.420> so<00:11:48.600> so 00:11:49.130 --> 00:11:49.140 align:start position:0% might not have the resources to do so so 00:11:49.140 --> 00:11:51.769 align:start position:0% might not have the resources to do so so 32<00:11:49.680> ether<00:11:50.160> is<00:11:50.459> a<00:11:51.000> lot<00:11:51.180> of<00:11:51.360> money<00:11:51.480> for 00:11:51.769 --> 00:11:51.779 align:start position:0% 32 ether is a lot of money for 00:11:51.779 --> 00:11:53.810 align:start position:0% 32 ether is a lot of money for individuals<00:11:52.260> in<00:11:52.440> Latin<00:11:52.740> America<00:11:52.920> or<00:11:53.279> Africa 00:11:53.810 --> 00:11:53.820 align:start position:0% individuals in Latin America or Africa 00:11:53.820 --> 00:11:56.569 align:start position:0% individuals in Latin America or Africa or<00:11:53.880> Asia<00:11:54.360> so<00:11:54.779> how<00:11:54.959> do<00:11:55.079> we<00:11:55.200> get<00:11:55.440> resources<00:11:56.339> and 00:11:56.569 --> 00:11:56.579 align:start position:0% or Asia so how do we get resources and 00:11:56.579 --> 00:11:58.310 align:start position:0% or Asia so how do we get resources and technologies<00:11:56.940> that<00:11:57.240> kind<00:11:57.360> of<00:11:57.480> help<00:11:57.720> them 00:11:58.310 --> 00:11:58.320 align:start position:0% technologies that kind of help them 00:11:58.320 --> 00:11:59.990 align:start position:0% technologies that kind of help them participate<00:11:58.800> in<00:11:58.920> the<00:11:59.100> network<00:11:59.220> and<00:11:59.640> staking 00:11:59.990 --> 00:12:00.000 align:start position:0% participate in the network and staking 00:12:00.000 --> 00:12:01.310 align:start position:0% participate in the network and staking is<00:12:00.300> not<00:12:00.420> the<00:12:00.600> only<00:12:00.660> way<00:12:00.839> for<00:12:01.019> them<00:12:01.200> to 00:12:01.310 --> 00:12:01.320 align:start position:0% is not the only way for them to 00:12:01.320 --> 00:12:03.110 align:start position:0% is not the only way for them to participate<00:12:01.740> in<00:12:01.860> the<00:12:02.040> network<00:12:02.160> so<00:12:02.519> they<00:12:02.940> can 00:12:03.110 --> 00:12:03.120 align:start position:0% participate in the network so they can 00:12:03.120 --> 00:12:04.790 align:start position:0% participate in the network so they can run<00:12:03.240> nodes<00:12:03.600> they<00:12:03.839> can<00:12:04.019> learn<00:12:04.200> run<00:12:04.560> like 00:12:04.790 --> 00:12:04.800 align:start position:0% run nodes they can learn run like 00:12:04.800 --> 00:12:06.949 align:start position:0% run nodes they can learn run like clients<00:12:05.160> they<00:12:05.279> can<00:12:05.399> run<00:12:05.579> other<00:12:05.820> services<00:12:06.060> and 00:12:06.949 --> 00:12:06.959 align:start position:0% clients they can run other services and 00:12:06.959 --> 00:12:10.130 align:start position:0% clients they can run other services and really<00:12:07.140> think<00:12:07.380> about<00:12:07.560> how<00:12:08.100> they<00:12:08.940> can<00:12:09.060> get<00:12:09.420> some 00:12:10.130 --> 00:12:10.140 align:start position:0% really think about how they can get some 00:12:10.140 --> 00:12:11.569 align:start position:0% really think about how they can get some sort<00:12:10.260> of<00:12:10.380> participation<00:12:10.920> within<00:12:11.339> the<00:12:11.459> network 00:12:11.569 --> 00:12:11.579 align:start position:0% sort of participation within the network 00:12:11.579 --> 00:12:13.370 align:start position:0% sort of participation within the network that<00:12:11.940> doesn't<00:12:12.060> rely<00:12:12.420> them<00:12:12.660> investing<00:12:13.200> money 00:12:13.370 --> 00:12:13.380 align:start position:0% that doesn't rely them investing money 00:12:13.380 --> 00:12:15.410 align:start position:0% that doesn't rely them investing money and<00:12:13.920> perhaps<00:12:14.160> we<00:12:14.399> can<00:12:14.519> even<00:12:14.640> look<00:12:14.820> at<00:12:15.000> how<00:12:15.240> can 00:12:15.410 --> 00:12:15.420 align:start position:0% and perhaps we can even look at how can 00:12:15.420 --> 00:12:17.329 align:start position:0% and perhaps we can even look at how can incentivize<00:12:16.079> those<00:12:16.260> individuals<00:12:16.860> and 00:12:17.329 --> 00:12:17.339 align:start position:0% incentivize those individuals and 00:12:17.339 --> 00:12:19.550 align:start position:0% incentivize those individuals and monetize<00:12:17.760> or<00:12:18.060> compensate<00:12:18.839> those<00:12:19.019> individuals 00:12:19.550 --> 00:12:19.560 align:start position:0% monetize or compensate those individuals 00:12:19.560 --> 00:12:21.590 align:start position:0% monetize or compensate those individuals to<00:12:19.980> be<00:12:20.100> participants<00:12:20.640> in<00:12:20.820> the<00:12:21.000> first<00:12:21.120> place<00:12:21.360> as 00:12:21.590 --> 00:12:21.600 align:start position:0% to be participants in the first place as 00:12:21.600 --> 00:12:22.970 align:start position:0% to be participants in the first place as well<00:12:21.779> which<00:12:22.079> we<00:12:22.260> can<00:12:22.380> talk<00:12:22.560> about<00:12:22.680> a<00:12:22.920> little 00:12:22.970 --> 00:12:22.980 align:start position:0% well which we can talk about a little 00:12:22.980 --> 00:12:23.810 align:start position:0% well which we can talk about a little bit<00:12:23.100> later 00:12:23.810 --> 00:12:23.820 align:start position:0% bit later 00:12:23.820 --> 00:12:26.509 align:start position:0% bit later so<00:12:24.600> it's<00:12:25.200> clear<00:12:25.440> that<00:12:25.800> this<00:12:26.040> these<00:12:26.459> things 00:12:26.509 --> 00:12:26.519 align:start position:0% so it's clear that this these things 00:12:26.519 --> 00:12:27.889 align:start position:0% so it's clear that this these things don't<00:12:26.760> seem<00:12:26.940> like<00:12:27.120> an<00:12:27.240> issue<00:12:27.480> until<00:12:27.660> they 00:12:27.889 --> 00:12:27.899 align:start position:0% don't seem like an issue until they 00:12:27.899 --> 00:12:29.750 align:start position:0% don't seem like an issue until they become<00:12:28.140> an<00:12:28.260> issue<00:12:28.560> and<00:12:28.980> that<00:12:29.220> at<00:12:29.459> that<00:12:29.640> point 00:12:29.750 --> 00:12:29.760 align:start position:0% become an issue and that at that point 00:12:29.760 --> 00:12:31.069 align:start position:0% become an issue and that at that point it's<00:12:30.000> just<00:12:30.180> too<00:12:30.360> late<00:12:30.540> for<00:12:30.720> you<00:12:30.839> to<00:12:30.959> do 00:12:31.069 --> 00:12:31.079 align:start position:0% it's just too late for you to do 00:12:31.079 --> 00:12:32.990 align:start position:0% it's just too late for you to do anything<00:12:31.200> so<00:12:31.980> we've<00:12:32.279> seen<00:12:32.399> a<00:12:32.579> little<00:12:32.700> bit<00:12:32.760> of<00:12:32.880> a 00:12:32.990 --> 00:12:33.000 align:start position:0% anything so we've seen a little bit of a 00:12:33.000 --> 00:12:34.490 align:start position:0% anything so we've seen a little bit of a glimpse<00:12:33.300> of<00:12:33.420> this 00:12:34.490 --> 00:12:34.500 align:start position:0% glimpse of this 00:12:34.500 --> 00:12:37.490 align:start position:0% glimpse of this um<00:12:34.560> when<00:12:34.860> it<00:12:34.980> comes<00:12:35.160> to<00:12:35.279> web<00:12:35.399> 2<00:12:35.760> hacks<00:12:36.779> Etc<00:12:36.959> but 00:12:37.490 --> 00:12:37.500 align:start position:0% um when it comes to web 2 hacks Etc but 00:12:37.500 --> 00:12:38.930 align:start position:0% um when it comes to web 2 hacks Etc but most<00:12:37.740> recently<00:12:38.040> when<00:12:38.279> it<00:12:38.399> comes<00:12:38.459> to<00:12:38.579> tornado 00:12:38.930 --> 00:12:38.940 align:start position:0% most recently when it comes to tornado 00:12:38.940 --> 00:12:39.829 align:start position:0% most recently when it comes to tornado cash 00:12:39.829 --> 00:12:39.839 align:start position:0% cash 00:12:39.839 --> 00:12:42.889 align:start position:0% cash so<00:12:40.500> I<00:12:41.220> said<00:12:41.519> one<00:12:41.880> of<00:12:41.940> the<00:12:42.060> biggest<00:12:42.180> issues<00:12:42.600> or 00:12:42.889 --> 00:12:42.899 align:start position:0% so I said one of the biggest issues or 00:12:42.899 --> 00:12:45.110 align:start position:0% so I said one of the biggest issues or the<00:12:43.079> blames<00:12:43.440> was<00:12:43.860> on<00:12:44.160> us<00:12:44.339> but<00:12:44.760> there's<00:12:44.940> other 00:12:45.110 --> 00:12:45.120 align:start position:0% the blames was on us but there's other 00:12:45.120 --> 00:12:48.250 align:start position:0% the blames was on us but there's other factors<00:12:45.600> and<00:12:45.839> other<00:12:46.339> forces<00:12:47.339> kind<00:12:48.000> of 00:12:48.250 --> 00:12:48.260 align:start position:0% factors and other forces kind of 00:12:48.260 --> 00:12:51.110 align:start position:0% factors and other forces kind of functioning<00:12:49.260> towards<00:12:50.040> making<00:12:50.339> some<00:12:50.820> of<00:12:50.940> this 00:12:51.110 --> 00:12:51.120 align:start position:0% functioning towards making some of this 00:12:51.120 --> 00:12:52.970 align:start position:0% functioning towards making some of this a<00:12:51.779> little<00:12:51.899> bit<00:12:52.019> more<00:12:52.139> difficult<00:12:52.440> for<00:12:52.740> us<00:12:52.800> to 00:12:52.970 --> 00:12:52.980 align:start position:0% a little bit more difficult for us to 00:12:52.980 --> 00:12:55.970 align:start position:0% a little bit more difficult for us to decentralize<00:12:53.579> and<00:12:54.200> not<00:12:55.200> be<00:12:55.500> functioning 00:12:55.970 --> 00:12:55.980 align:start position:0% decentralize and not be functioning 00:12:55.980 --> 00:12:58.449 align:start position:0% decentralize and not be functioning within<00:12:56.339> the<00:12:56.459> current<00:12:56.660> systems<00:12:57.660> that<00:12:57.839> do<00:12:57.959> exist 00:12:58.449 --> 00:12:58.459 align:start position:0% within the current systems that do exist 00:12:58.459 --> 00:13:00.769 align:start position:0% within the current systems that do exist and<00:12:59.459> that's<00:12:59.700> one<00:12:59.940> of<00:13:00.060> those<00:13:00.120> things<00:13:00.300> is<00:13:00.540> like 00:13:00.769 --> 00:13:00.779 align:start position:0% and that's one of those things is like 00:13:00.779 --> 00:13:04.790 align:start position:0% and that's one of those things is like advice<00:13:01.200> adversarial<00:13:02.160> State<00:13:02.880> actors<00:13:03.240> so<00:13:03.680> as<00:13:04.680> we 00:13:04.790 --> 00:13:04.800 align:start position:0% advice adversarial State actors so as we 00:13:04.800 --> 00:13:06.769 align:start position:0% advice adversarial State actors so as we saw<00:13:04.920> with<00:13:05.100> tornado<00:13:05.459> cash<00:13:05.700> I'm<00:13:06.120> not<00:13:06.300> a<00:13:06.420> legal 00:13:06.769 --> 00:13:06.779 align:start position:0% saw with tornado cash I'm not a legal 00:13:06.779 --> 00:13:09.530 align:start position:0% saw with tornado cash I'm not a legal expert<00:13:07.139> or<00:13:07.380> anything<00:13:07.500> but<00:13:07.920> uh<00:13:08.820> so<00:13:09.360> I<00:13:09.480> won't 00:13:09.530 --> 00:13:09.540 align:start position:0% expert or anything but uh so I won't 00:13:09.540 --> 00:13:10.850 align:start position:0% expert or anything but uh so I won't speak<00:13:09.779> too<00:13:09.899> heavily<00:13:10.200> on<00:13:10.380> this<00:13:10.440> and<00:13:10.620> I<00:13:10.740> think 00:13:10.850 --> 00:13:10.860 align:start position:0% speak too heavily on this and I think 00:13:10.860 --> 00:13:12.050 align:start position:0% speak too heavily on this and I think there's<00:13:10.980> probably<00:13:11.160> other<00:13:11.339> talks<00:13:11.700> within<00:13:11.940> that 00:13:12.050 --> 00:13:12.060 align:start position:0% there's probably other talks within that 00:13:12.060 --> 00:13:14.329 align:start position:0% there's probably other talks within that conduct<00:13:12.420> kind<00:13:12.600> of<00:13:12.720> go<00:13:12.839> into<00:13:13.019> this<00:13:13.320> route<00:13:13.500> but 00:13:14.329 --> 00:13:14.339 align:start position:0% conduct kind of go into this route but 00:13:14.339 --> 00:13:16.910 align:start position:0% conduct kind of go into this route but they<00:13:14.760> were<00:13:14.940> basically<00:13:15.320> put<00:13:16.320> on<00:13:16.440> the<00:13:16.560> ofax 00:13:16.910 --> 00:13:16.920 align:start position:0% they were basically put on the ofax 00:13:16.920 --> 00:13:19.310 align:start position:0% they were basically put on the ofax action<00:13:17.220> list<00:13:17.519> and<00:13:18.240> then<00:13:18.480> the<00:13:18.660> developers<00:13:19.079> were 00:13:19.310 --> 00:13:19.320 align:start position:0% action list and then the developers were 00:13:19.320 --> 00:13:21.050 align:start position:0% action list and then the developers were added<00:13:19.620> to<00:13:19.740> this<00:13:19.920> sdn<00:13:20.399> list<00:13:20.579> which<00:13:20.820> doesn't 00:13:21.050 --> 00:13:21.060 align:start position:0% added to this sdn list which doesn't 00:13:21.060 --> 00:13:23.569 align:start position:0% added to this sdn list which doesn't doesn't<00:13:21.660> make<00:13:21.959> sense<00:13:22.139> from<00:13:22.500> uh<00:13:23.160> perspective 00:13:23.569 --> 00:13:23.579 align:start position:0% doesn't make sense from uh perspective 00:13:23.579 --> 00:13:26.210 align:start position:0% doesn't make sense from uh perspective of<00:13:23.820> the<00:13:24.000> law<00:13:24.180> at<00:13:24.420> that<00:13:24.600> point<00:13:24.720> and<00:13:25.440> then<00:13:25.740> on<00:13:26.100> top 00:13:26.210 --> 00:13:26.220 align:start position:0% of the law at that point and then on top 00:13:26.220 --> 00:13:27.829 align:start position:0% of the law at that point and then on top of<00:13:26.339> that<00:13:26.459> crypto<00:13:26.880> projects<00:13:27.240> are<00:13:27.420> abandoned 00:13:27.829 --> 00:13:27.839 align:start position:0% of that crypto projects are abandoned 00:13:27.839 --> 00:13:29.750 align:start position:0% of that crypto projects are abandoned countries<00:13:28.079> like<00:13:28.200> China<00:13:28.440> and<00:13:28.680> India<00:13:29.100> where 00:13:29.750 --> 00:13:29.760 align:start position:0% countries like China and India where 00:13:29.760 --> 00:13:31.250 align:start position:0% countries like China and India where there's<00:13:29.940> a<00:13:30.060> lot<00:13:30.180> of<00:13:30.240> developer<00:13:30.600> activity<00:13:30.959> but 00:13:31.250 --> 00:13:31.260 align:start position:0% there's a lot of developer activity but 00:13:31.260 --> 00:13:32.509 align:start position:0% there's a lot of developer activity but they<00:13:31.380> just<00:13:31.560> don't<00:13:31.680> have<00:13:31.860> the<00:13:31.980> opportunity<00:13:32.279> to 00:13:32.509 --> 00:13:32.519 align:start position:0% they just don't have the opportunity to 00:13:32.519 --> 00:13:33.889 align:start position:0% they just don't have the opportunity to work<00:13:32.700> on<00:13:32.820> these<00:13:33.000> Technologies<00:13:33.360> in<00:13:33.600> the<00:13:33.779> first 00:13:33.889 --> 00:13:33.899 align:start position:0% work on these Technologies in the first 00:13:33.899 --> 00:13:35.389 align:start position:0% work on these Technologies in the first place 00:13:35.389 --> 00:13:35.399 align:start position:0% place 00:13:35.399 --> 00:13:38.389 align:start position:0% place in<00:13:36.060> addition<00:13:36.360> the<00:13:37.200> third<00:13:37.320> forcing<00:13:37.980> factor<00:13:38.279> is 00:13:38.389 --> 00:13:38.399 align:start position:0% in addition the third forcing factor is 00:13:38.399 --> 00:13:39.650 align:start position:0% in addition the third forcing factor is that<00:13:38.519> there's<00:13:38.639> individuals<00:13:39.120> which<00:13:39.300> are<00:13:39.480> kind 00:13:39.650 --> 00:13:39.660 align:start position:0% that there's individuals which are kind 00:13:39.660 --> 00:13:40.550 align:start position:0% that there's individuals which are kind of 00:13:40.550 --> 00:13:40.560 align:start position:0% of 00:13:40.560 --> 00:13:43.009 align:start position:0% of classifies<00:13:41.339> mad<00:13:41.639> adoption<00:13:42.120> vultures<00:13:42.600> these 00:13:43.009 --> 00:13:43.019 align:start position:0% classifies mad adoption vultures these 00:13:43.019 --> 00:13:45.350 align:start position:0% classifies mad adoption vultures these are<00:13:43.079> individuals<00:13:43.560> that<00:13:44.279> come<00:13:44.820> in<00:13:44.940> take<00:13:45.240> the 00:13:45.350 --> 00:13:45.360 align:start position:0% are individuals that come in take the 00:13:45.360 --> 00:13:46.670 align:start position:0% are individuals that come in take the narrative<00:13:45.660> that<00:13:45.899> you've<00:13:46.079> been<00:13:46.200> working<00:13:46.380> on 00:13:46.670 --> 00:13:46.680 align:start position:0% narrative that you've been working on 00:13:46.680 --> 00:13:48.470 align:start position:0% narrative that you've been working on for<00:13:46.860> the<00:13:46.980> past<00:13:47.100> x<00:13:47.339> amount<00:13:47.579> of<00:13:47.760> years<00:13:47.880> and<00:13:48.420> then 00:13:48.470 --> 00:13:48.480 align:start position:0% for the past x amount of years and then 00:13:48.480 --> 00:13:50.569 align:start position:0% for the past x amount of years and then co-opted<00:13:48.959> for<00:13:49.139> their<00:13:49.320> own<00:13:49.440> benefit<00:13:49.620> so<00:13:50.339> these 00:13:50.569 --> 00:13:50.579 align:start position:0% co-opted for their own benefit so these 00:13:50.579 --> 00:13:53.990 align:start position:0% co-opted for their own benefit so these are<00:13:50.639> the<00:13:50.760> Elon<00:13:51.120> musks<00:13:51.540> these<00:13:51.779> are<00:13:51.899> the<00:13:52.260> uh 00:13:53.990 --> 00:13:54.000 align:start position:0% are the Elon musks these are the uh 00:13:54.000 --> 00:13:55.430 align:start position:0% are the Elon musks these are the uh Jack<00:13:54.360> dorsey's<00:13:54.959> these<00:13:55.200> are<00:13:55.200> the<00:13:55.320> mark 00:13:55.430 --> 00:13:55.440 align:start position:0% Jack dorsey's these are the mark 00:13:55.440 --> 00:13:57.710 align:start position:0% Jack dorsey's these are the mark zuckerbergs<00:13:56.220> who<00:13:56.459> are<00:13:56.639> just<00:13:57.000> waiting<00:13:57.360> by<00:13:57.540> the 00:13:57.710 --> 00:13:57.720 align:start position:0% zuckerbergs who are just waiting by the 00:13:57.720 --> 00:13:59.990 align:start position:0% zuckerbergs who are just waiting by the side<00:13:57.980> that<00:13:58.980> once<00:13:59.459> they<00:13:59.579> see<00:13:59.820> their 00:13:59.990 --> 00:14:00.000 align:start position:0% side that once they see their 00:14:00.000 --> 00:14:01.370 align:start position:0% side that once they see their opportunity<00:14:00.420> they're<00:14:00.720> going<00:14:00.839> to<00:14:00.959> jump<00:14:01.079> on<00:14:01.200> the 00:14:01.370 --> 00:14:01.380 align:start position:0% opportunity they're going to jump on the 00:14:01.380 --> 00:14:02.509 align:start position:0% opportunity they're going to jump on the narrative<00:14:01.620> and<00:14:01.860> take<00:14:01.980> it<00:14:02.100> for<00:14:02.220> their<00:14:02.399> own 00:14:02.509 --> 00:14:02.519 align:start position:0% narrative and take it for their own 00:14:02.519 --> 00:14:04.610 align:start position:0% narrative and take it for their own benefits<00:14:03.000> so<00:14:03.300> when<00:14:03.720> you<00:14:03.839> see<00:14:03.959> Elon<00:14:04.320> Musk 00:14:04.610 --> 00:14:04.620 align:start position:0% benefits so when you see Elon Musk 00:14:04.620 --> 00:14:07.730 align:start position:0% benefits so when you see Elon Musk tweeting<00:14:05.180> these<00:14:06.180> dot<00:14:07.019> coins<00:14:07.260> and<00:14:07.500> making 00:14:07.730 --> 00:14:07.740 align:start position:0% tweeting these dot coins and making 00:14:07.740 --> 00:14:09.530 align:start position:0% tweeting these dot coins and making people<00:14:07.980> those<00:14:08.399> coins<00:14:08.700> kind<00:14:08.940> of<00:14:09.000> jump<00:14:09.120> up<00:14:09.300> in 00:14:09.530 --> 00:14:09.540 align:start position:0% people those coins kind of jump up in 00:14:09.540 --> 00:14:11.449 align:start position:0% people those coins kind of jump up in value<00:14:09.779> a<00:14:10.500> lot<00:14:10.560> of<00:14:10.680> people<00:14:10.740> invest<00:14:11.160> in<00:14:11.339> them 00:14:11.449 --> 00:14:11.459 align:start position:0% value a lot of people invest in them 00:14:11.459 --> 00:14:13.370 align:start position:0% value a lot of people invest in them kind<00:14:11.820> of<00:14:11.940> Follow<00:14:12.120> That<00:14:12.420> Trend<00:14:12.720> and<00:14:13.079> when<00:14:13.200> they 00:14:13.370 --> 00:14:13.380 align:start position:0% kind of Follow That Trend and when they 00:14:13.380 --> 00:14:16.610 align:start position:0% kind of Follow That Trend and when they lose<00:14:13.560> money<00:14:13.800> that<00:14:14.160> reflects<00:14:14.959> adversely<00:14:15.959> on 00:14:16.610 --> 00:14:16.620 align:start position:0% lose money that reflects adversely on 00:14:16.620 --> 00:14:18.889 align:start position:0% lose money that reflects adversely on the<00:14:16.800> ecosystem<00:14:17.220> as<00:14:17.519> a<00:14:17.700> whole<00:14:17.760> so<00:14:18.360> all<00:14:18.600> the<00:14:18.779> work 00:14:18.889 --> 00:14:18.899 align:start position:0% the ecosystem as a whole so all the work 00:14:18.899 --> 00:14:20.870 align:start position:0% the ecosystem as a whole so all the work that<00:14:19.079> you've<00:14:19.260> done<00:14:19.440> now<00:14:19.680> gets<00:14:20.100> marred<00:14:20.399> by<00:14:20.579> this 00:14:20.870 --> 00:14:20.880 align:start position:0% that you've done now gets marred by this 00:14:20.880 --> 00:14:22.790 align:start position:0% that you've done now gets marred by this rug<00:14:21.660> pull<00:14:21.839> that<00:14:22.139> was<00:14:22.320> kind<00:14:22.560> of<00:14:22.620> like 00:14:22.790 --> 00:14:22.800 align:start position:0% rug pull that was kind of like 00:14:22.800 --> 00:14:25.370 align:start position:0% rug pull that was kind of like facilitated<00:14:23.519> by<00:14:23.880> this<00:14:24.180> individual<00:14:24.540> that<00:14:25.200> this 00:14:25.370 --> 00:14:25.380 align:start position:0% facilitated by this individual that this 00:14:25.380 --> 00:14:27.650 align:start position:0% facilitated by this individual that this was<00:14:25.800> having<00:14:26.100> fun<00:14:26.399> creating<00:14:26.940> memes<00:14:27.240> on<00:14:27.540> the 00:14:27.650 --> 00:14:27.660 align:start position:0% was having fun creating memes on the 00:14:27.660 --> 00:14:31.310 align:start position:0% was having fun creating memes on the internet<00:14:28.100> similarly<00:14:29.120> we've<00:14:30.120> seen<00:14:30.300> what<00:14:30.720> these 00:14:31.310 --> 00:14:31.320 align:start position:0% internet similarly we've seen what these 00:14:31.320 --> 00:14:33.050 align:start position:0% internet similarly we've seen what these social<00:14:31.440> media<00:14:31.800> companies<00:14:32.160> do<00:14:32.339> when<00:14:32.639> it<00:14:32.940> comes 00:14:33.050 --> 00:14:33.060 align:start position:0% social media companies do when it comes 00:14:33.060 --> 00:14:35.150 align:start position:0% social media companies do when it comes to<00:14:33.240> feature<00:14:33.600> releases<00:14:34.019> one<00:14:34.500> social<00:14:34.740> media 00:14:35.150 --> 00:14:35.160 align:start position:0% to feature releases one social media 00:14:35.160 --> 00:14:37.129 align:start position:0% to feature releases one social media company<00:14:35.519> releases<00:14:36.060> a<00:14:36.240> feature<00:14:36.480> two<00:14:36.839> weeks 00:14:37.129 --> 00:14:37.139 align:start position:0% company releases a feature two weeks 00:14:37.139 --> 00:14:38.810 align:start position:0% company releases a feature two weeks later<00:14:37.260> everyone<00:14:37.920> has<00:14:38.220> the<00:14:38.399> same<00:14:38.519> features 00:14:38.810 --> 00:14:38.820 align:start position:0% later everyone has the same features 00:14:38.820 --> 00:14:40.730 align:start position:0% later everyone has the same features within<00:14:39.180> their<00:14:39.300> applications<00:14:39.740> similarly 00:14:40.730 --> 00:14:40.740 align:start position:0% within their applications similarly 00:14:40.740 --> 00:14:42.050 align:start position:0% within their applications similarly these<00:14:41.040> individuals<00:14:41.399> are<00:14:41.579> just<00:14:41.699> waiting<00:14:42.000> for 00:14:42.050 --> 00:14:42.060 align:start position:0% these individuals are just waiting for 00:14:42.060 --> 00:14:43.910 align:start position:0% these individuals are just waiting for their<00:14:42.240> opportunity<00:14:42.720> to<00:14:43.079> kind<00:14:43.139> of<00:14:43.260> co-opt<00:14:43.740> what 00:14:43.910 --> 00:14:43.920 align:start position:0% their opportunity to kind of co-opt what 00:14:43.920 --> 00:14:46.069 align:start position:0% their opportunity to kind of co-opt what you're<00:14:44.040> doing<00:14:44.220> and<00:14:44.880> then<00:14:45.000> utilize<00:14:45.480> their<00:14:45.779> fit 00:14:46.069 --> 00:14:46.079 align:start position:0% you're doing and then utilize their fit 00:14:46.079 --> 00:14:47.710 align:start position:0% you're doing and then utilize their fit for<00:14:46.199> their<00:14:46.380> benefit<00:14:46.560> you've<00:14:47.100> seen<00:14:47.220> this<00:14:47.399> with 00:14:47.710 --> 00:14:47.720 align:start position:0% for their benefit you've seen this with 00:14:47.720 --> 00:14:50.990 align:start position:0% for their benefit you've seen this with Zuckerberg<00:14:48.720> kind<00:14:49.199> of<00:14:49.320> reframing<00:14:50.220> this<00:14:50.399> his 00:14:50.990 --> 00:14:51.000 align:start position:0% Zuckerberg kind of reframing this his 00:14:51.000 --> 00:14:53.509 align:start position:0% Zuckerberg kind of reframing this his whole<00:14:51.240> organization<00:14:51.779> around<00:14:52.380> meta<00:14:52.980> worse<00:14:53.399> and 00:14:53.509 --> 00:14:53.519 align:start position:0% whole organization around meta worse and 00:14:53.519 --> 00:14:54.590 align:start position:0% whole organization around meta worse and whatnot 00:14:54.590 --> 00:14:54.600 align:start position:0% whatnot 00:14:54.600 --> 00:14:56.449 align:start position:0% whatnot similarly<00:14:55.380> with<00:14:55.560> Jack<00:14:55.740> Dorsey<00:14:56.160> he's<00:14:56.279> always 00:14:56.449 --> 00:14:56.459 align:start position:0% similarly with Jack Dorsey he's always 00:14:56.459 --> 00:14:58.189 align:start position:0% similarly with Jack Dorsey he's always pushing<00:14:56.940> for<00:14:57.060> Bitcoin<00:14:57.480> and<00:14:57.660> decentralization 00:14:58.189 --> 00:14:58.199 align:start position:0% pushing for Bitcoin and decentralization 00:14:58.199 --> 00:15:00.350 align:start position:0% pushing for Bitcoin and decentralization but<00:14:59.100> we<00:14:59.279> haven't<00:14:59.399> seen<00:14:59.579> too<00:14:59.760> much<00:14:59.880> come<00:15:00.060> out<00:15:00.240> of 00:15:00.350 --> 00:15:00.360 align:start position:0% but we haven't seen too much come out of 00:15:00.360 --> 00:15:02.030 align:start position:0% but we haven't seen too much come out of that 00:15:02.030 --> 00:15:02.040 align:start position:0% that 00:15:02.040 --> 00:15:04.250 align:start position:0% that so<00:15:02.760> one<00:15:03.120> thing<00:15:03.300> that<00:15:03.420> I<00:15:03.600> wanted<00:15:03.660> to<00:15:03.839> kind<00:15:04.139> of 00:15:04.250 --> 00:15:04.260 align:start position:0% so one thing that I wanted to kind of 00:15:04.260 --> 00:15:06.949 align:start position:0% so one thing that I wanted to kind of get<00:15:04.740> into<00:15:04.920> was<00:15:05.339> addressing<00:15:05.820> users<00:15:06.180> needs<00:15:06.660> so 00:15:06.949 --> 00:15:06.959 align:start position:0% get into was addressing users needs so 00:15:06.959 --> 00:15:09.410 align:start position:0% get into was addressing users needs so if<00:15:07.680> you<00:15:07.920> were<00:15:08.220> thinking<00:15:08.519> about<00:15:08.639> what<00:15:09.060> needs<00:15:09.360> to 00:15:09.410 --> 00:15:09.420 align:start position:0% if you were thinking about what needs to 00:15:09.420 --> 00:15:11.750 align:start position:0% if you were thinking about what needs to be<00:15:09.540> done<00:15:09.660> moving<00:15:10.079> forward<00:15:10.320> is<00:15:11.279> that<00:15:11.399> we<00:15:11.579> need 00:15:11.750 --> 00:15:11.760 align:start position:0% be done moving forward is that we need 00:15:11.760 --> 00:15:14.509 align:start position:0% be done moving forward is that we need to<00:15:12.000> meet<00:15:12.360> the<00:15:12.600> users<00:15:13.019> halfway<00:15:13.860> or<00:15:14.160> where<00:15:14.339> they 00:15:14.509 --> 00:15:14.519 align:start position:0% to meet the users halfway or where they 00:15:14.519 --> 00:15:17.150 align:start position:0% to meet the users halfway or where they are<00:15:14.779> that<00:15:15.779> means<00:15:16.079> that<00:15:16.320> if<00:15:16.560> people<00:15:16.800> or 00:15:17.150 --> 00:15:17.160 align:start position:0% are that means that if people or 00:15:17.160 --> 00:15:19.250 align:start position:0% are that means that if people or majority<00:15:17.639> of<00:15:17.699> the<00:15:17.880> world<00:15:18.060> is<00:15:18.300> using<00:15:18.600> PCS<00:15:19.139> and 00:15:19.250 --> 00:15:19.260 align:start position:0% majority of the world is using PCS and 00:15:19.260 --> 00:15:21.050 align:start position:0% majority of the world is using PCS and we<00:15:19.440> want<00:15:19.620> individuals<00:15:20.220> to<00:15:20.399> stake<00:15:20.760> or 00:15:21.050 --> 00:15:21.060 align:start position:0% we want individuals to stake or 00:15:21.060 --> 00:15:23.569 align:start position:0% we want individuals to stake or participate<00:15:21.779> in<00:15:22.139> managing<00:15:23.100> nodes<00:15:23.399> or 00:15:23.569 --> 00:15:23.579 align:start position:0% participate in managing nodes or 00:15:23.579 --> 00:15:25.730 align:start position:0% participate in managing nodes or creating<00:15:23.760> validators<00:15:24.540> Etc<00:15:24.720> maybe<00:15:25.260> we<00:15:25.500> create 00:15:25.730 --> 00:15:25.740 align:start position:0% creating validators Etc maybe we create 00:15:25.740 --> 00:15:27.530 align:start position:0% creating validators Etc maybe we create interfaces<00:15:26.220> or<00:15:26.399> documentation<00:15:27.000> that's<00:15:27.300> a 00:15:27.530 --> 00:15:27.540 align:start position:0% interfaces or documentation that's a 00:15:27.540 --> 00:15:28.910 align:start position:0% interfaces or documentation that's a little<00:15:27.600> bit<00:15:27.779> easier<00:15:28.019> for<00:15:28.199> those<00:15:28.380> individuals 00:15:28.910 --> 00:15:28.920 align:start position:0% little bit easier for those individuals 00:15:28.920 --> 00:15:30.829 align:start position:0% little bit easier for those individuals to<00:15:29.040> understand<00:15:29.160> so<00:15:30.120> this<00:15:30.300> is<00:15:30.360> the<00:15:30.480> ease<00:15:30.720> of 00:15:30.829 --> 00:15:30.839 align:start position:0% to understand so this is the ease of 00:15:30.839 --> 00:15:32.750 align:start position:0% to understand so this is the ease of access<00:15:31.019> and<00:15:31.860> then<00:15:32.040> as<00:15:32.220> I<00:15:32.399> was<00:15:32.459> mentioning 00:15:32.750 --> 00:15:32.760 align:start position:0% access and then as I was mentioning 00:15:32.760 --> 00:15:34.250 align:start position:0% access and then as I was mentioning earlier<00:15:33.120> there's<00:15:33.720> this<00:15:33.899> part<00:15:34.079> about 00:15:34.250 --> 00:15:34.260 align:start position:0% earlier there's this part about 00:15:34.260 --> 00:15:36.769 align:start position:0% earlier there's this part about incentive<00:15:34.860> alignment<00:15:35.339> so<00:15:35.820> what<00:15:36.360> does<00:15:36.480> it<00:15:36.600> look 00:15:36.769 --> 00:15:36.779 align:start position:0% incentive alignment so what does it look 00:15:36.779 --> 00:15:38.210 align:start position:0% incentive alignment so what does it look like<00:15:36.899> for<00:15:37.079> people<00:15:37.260> to<00:15:37.500> participate<00:15:37.980> in<00:15:38.100> the 00:15:38.210 --> 00:15:38.220 align:start position:0% like for people to participate in the 00:15:38.220 --> 00:15:39.590 align:start position:0% like for people to participate in the ethereum<00:15:38.519> network<00:15:38.699> we<00:15:38.940> kind<00:15:39.120> of<00:15:39.180> confuse<00:15:39.480> it 00:15:39.590 --> 00:15:39.600 align:start position:0% ethereum network we kind of confuse it 00:15:39.600 --> 00:15:41.150 align:start position:0% ethereum network we kind of confuse it with<00:15:39.779> just<00:15:39.899> staking<00:15:40.260> at<00:15:40.500> this<00:15:40.620> point<00:15:40.740> but 00:15:41.150 --> 00:15:41.160 align:start position:0% with just staking at this point but 00:15:41.160 --> 00:15:42.350 align:start position:0% with just staking at this point but there's<00:15:41.339> other<00:15:41.579> opportunities<00:15:42.000> for 00:15:42.350 --> 00:15:42.360 align:start position:0% there's other opportunities for 00:15:42.360 --> 00:15:44.810 align:start position:0% there's other opportunities for individuals<00:15:42.839> to<00:15:43.079> actually<00:15:43.260> a 00:15:44.810 --> 00:15:44.820 align:start position:0% individuals to actually a 00:15:44.820 --> 00:15:47.030 align:start position:0% individuals to actually a communicate<00:15:45.779> and<00:15:46.019> get<00:15:46.380> participation 00:15:47.030 --> 00:15:47.040 align:start position:0% communicate and get participation 00:15:47.040 --> 00:15:49.490 align:start position:0% communicate and get participation participation<00:15:47.820> within<00:15:48.240> the<00:15:48.360> network<00:15:48.540> uh 00:15:49.490 --> 00:15:49.500 align:start position:0% participation within the network uh 00:15:49.500 --> 00:15:51.230 align:start position:0% participation within the network uh through<00:15:49.740> running<00:15:49.980> nodes<00:15:50.459> running<00:15:50.940> like 00:15:51.230 --> 00:15:51.240 align:start position:0% through running nodes running like 00:15:51.240 --> 00:15:53.509 align:start position:0% through running nodes running like clients<00:15:51.660> and<00:15:51.779> other<00:15:51.899> services<00:15:52.220> that<00:15:53.220> can<00:15:53.339> be 00:15:53.509 --> 00:15:53.519 align:start position:0% clients and other services that can be 00:15:53.519 --> 00:15:55.430 align:start position:0% clients and other services that can be of<00:15:53.880> a<00:15:54.060> meaningful<00:15:54.420> manner<00:15:54.779> but<00:15:54.959> like<00:15:55.079> how<00:15:55.320> do 00:15:55.430 --> 00:15:55.440 align:start position:0% of a meaningful manner but like how do 00:15:55.440 --> 00:15:56.569 align:start position:0% of a meaningful manner but like how do you<00:15:55.500> incentivize<00:15:55.920> them<00:15:56.100> how<00:15:56.279> do<00:15:56.399> you<00:15:56.459> create 00:15:56.569 --> 00:15:56.579 align:start position:0% you incentivize them how do you create 00:15:56.579 --> 00:15:58.790 align:start position:0% you incentivize them how do you create resources<00:15:57.240> or<00:15:57.540> infrastructure<00:15:58.079> for<00:15:58.500> them<00:15:58.620> to 00:15:58.790 --> 00:15:58.800 align:start position:0% resources or infrastructure for them to 00:15:58.800 --> 00:16:00.710 align:start position:0% resources or infrastructure for them to even<00:15:58.860> do<00:15:59.040> that<00:15:59.220> in<00:15:59.339> the<00:15:59.459> first<00:15:59.579> place 00:16:00.710 --> 00:16:00.720 align:start position:0% even do that in the first place 00:16:00.720 --> 00:16:02.629 align:start position:0% even do that in the first place uh<00:16:01.440> Additionally<00:16:01.860> you<00:16:02.100> have<00:16:02.220> to<00:16:02.339> kind<00:16:02.459> of<00:16:02.519> like 00:16:02.629 --> 00:16:02.639 align:start position:0% uh Additionally you have to kind of like 00:16:02.639 --> 00:16:03.889 align:start position:0% uh Additionally you have to kind of like take<00:16:02.820> them<00:16:03.000> through<00:16:03.240> this<00:16:03.480> Progressive 00:16:03.889 --> 00:16:03.899 align:start position:0% take them through this Progressive 00:16:03.899 --> 00:16:05.990 align:start position:0% take them through this Progressive disclosure<00:16:04.500> phase<00:16:04.740> where<00:16:05.459> you<00:16:05.639> can't<00:16:05.820> just 00:16:05.990 --> 00:16:06.000 align:start position:0% disclosure phase where you can't just 00:16:06.000 --> 00:16:08.410 align:start position:0% disclosure phase where you can't just check<00:16:06.480> them<00:16:06.720> in<00:16:06.839> the<00:16:06.959> deep<00:16:07.019> end<00:16:07.260> of<00:16:07.440> uh 00:16:08.410 --> 00:16:08.420 align:start position:0% check them in the deep end of uh 00:16:08.420 --> 00:16:10.970 align:start position:0% check them in the deep end of uh decentralization<00:16:09.420> as<00:16:10.260> they<00:16:10.440> start<00:16:10.680> to<00:16:10.800> make 00:16:10.970 --> 00:16:10.980 align:start position:0% decentralization as they start to make 00:16:10.980 --> 00:16:13.629 align:start position:0% decentralization as they start to make those<00:16:11.279> uh 00:16:13.629 --> 00:16:13.639 align:start position:0% those uh 00:16:13.639 --> 00:16:16.550 align:start position:0% those uh movements<00:16:14.639> towards<00:16:15.120> action<00:16:15.600> you<00:16:16.260> kind<00:16:16.440> of 00:16:16.550 --> 00:16:16.560 align:start position:0% movements towards action you kind of 00:16:16.560 --> 00:16:18.230 align:start position:0% movements towards action you kind of help<00:16:16.680> them<00:16:16.920> and<00:16:17.279> guide<00:16:17.399> them<00:16:17.579> towards<00:16:18.000> that 00:16:18.230 --> 00:16:18.240 align:start position:0% help them and guide them towards that 00:16:18.240 --> 00:16:20.870 align:start position:0% help them and guide them towards that just<00:16:18.680> movement<00:16:19.680> as<00:16:19.860> far<00:16:19.980> as<00:16:20.100> decentralization 00:16:20.870 --> 00:16:20.880 align:start position:0% just movement as far as decentralization 00:16:20.880 --> 00:16:22.490 align:start position:0% just movement as far as decentralization in<00:16:21.240> the<00:16:21.360> first<00:16:21.420> place<00:16:21.600> and<00:16:22.019> that<00:16:22.139> kind<00:16:22.380> of 00:16:22.490 --> 00:16:22.500 align:start position:0% in the first place and that kind of 00:16:22.500 --> 00:16:23.870 align:start position:0% in the first place and that kind of leads<00:16:22.800> into<00:16:22.920> the<00:16:23.160> guided<00:16:23.519> education 00:16:23.870 --> 00:16:23.880 align:start position:0% leads into the guided education 00:16:23.880 --> 00:16:26.629 align:start position:0% leads into the guided education encouragement<00:16:24.480> of<00:16:25.019> those<00:16:25.199> individuals<00:16:25.800> so<00:16:26.459> as 00:16:26.629 --> 00:16:26.639 align:start position:0% encouragement of those individuals so as 00:16:26.639 --> 00:16:29.269 align:start position:0% encouragement of those individuals so as you<00:16:26.820> start<00:16:27.000> moving<00:16:27.300> up<00:16:27.480> the<00:16:27.899> the<00:16:28.680> use<00:16:28.980> cases 00:16:29.269 --> 00:16:29.279 align:start position:0% you start moving up the the use cases 00:16:29.279 --> 00:16:30.650 align:start position:0% you start moving up the the use cases you<00:16:29.820> should<00:16:30.000> make<00:16:30.180> sure<00:16:30.300> that<00:16:30.540> those 00:16:30.650 --> 00:16:30.660 align:start position:0% you should make sure that those 00:16:30.660 --> 00:16:32.629 align:start position:0% you should make sure that those individuals<00:16:31.079> are<00:16:31.260> provided<00:16:31.620> that<00:16:31.980> sufficient 00:16:32.629 --> 00:16:32.639 align:start position:0% individuals are provided that sufficient 00:16:32.639 --> 00:16:34.370 align:start position:0% individuals are provided that sufficient guidance<00:16:33.060> and<00:16:33.360> the<00:16:33.480> encouragement<00:16:33.839> to 00:16:34.370 --> 00:16:34.380 align:start position:0% guidance and the encouragement to 00:16:34.380 --> 00:16:36.769 align:start position:0% guidance and the encouragement to continue<00:16:34.560> and<00:16:35.339> maintain<00:16:35.760> the<00:16:36.360> changes<00:16:36.660> and 00:16:36.769 --> 00:16:36.779 align:start position:0% continue and maintain the changes and 00:16:36.779 --> 00:16:38.350 align:start position:0% continue and maintain the changes and behaviors<00:16:37.259> that<00:16:37.500> they<00:16:37.620> have<00:16:37.740> implemented 00:16:38.350 --> 00:16:38.360 align:start position:0% behaviors that they have implemented 00:16:38.360 --> 00:16:41.150 align:start position:0% behaviors that they have implemented additionally<00:16:39.500> we<00:16:40.500> need<00:16:40.680> to<00:16:40.740> make<00:16:40.860> sure<00:16:40.980> that 00:16:41.150 --> 00:16:41.160 align:start position:0% additionally we need to make sure that 00:16:41.160 --> 00:16:42.710 align:start position:0% additionally we need to make sure that there's<00:16:41.399> relevant<00:16:41.820> context<00:16:42.240> and<00:16:42.480> narrative 00:16:42.710 --> 00:16:42.720 align:start position:0% there's relevant context and narrative 00:16:42.720 --> 00:16:44.210 align:start position:0% there's relevant context and narrative framing<00:16:43.139> for<00:16:43.320> the<00:16:43.440> individuals<00:16:43.860> that<00:16:44.040> we're 00:16:44.210 --> 00:16:44.220 align:start position:0% framing for the individuals that we're 00:16:44.220 --> 00:16:46.069 align:start position:0% framing for the individuals that we're speaking<00:16:44.519> to<00:16:44.639> so<00:16:45.240> the<00:16:45.360> framing<00:16:45.720> that<00:16:45.839> you<00:16:45.959> have 00:16:46.069 --> 00:16:46.079 align:start position:0% speaking to so the framing that you have 00:16:46.079 --> 00:16:48.290 align:start position:0% speaking to so the framing that you have around<00:16:46.259> web<00:16:46.560> 3<00:16:46.800> and<00:16:47.459> the<00:16:47.639> challenges<00:16:47.940> that<00:16:48.120> you 00:16:48.290 --> 00:16:48.300 align:start position:0% around web 3 and the challenges that you 00:16:48.300 --> 00:16:51.470 align:start position:0% around web 3 and the challenges that you face<00:16:48.420> with<00:16:48.779> financial<00:16:49.399> uh<00:16:50.399> restrictions<00:16:51.120> or 00:16:51.470 --> 00:16:51.480 align:start position:0% face with financial uh restrictions or 00:16:51.480 --> 00:16:53.509 align:start position:0% face with financial uh restrictions or censorship<00:16:52.199> Etc<00:16:52.320> is<00:16:52.740> not<00:16:52.920> the<00:16:53.040> same<00:16:53.160> that<00:16:53.399> the 00:16:53.509 --> 00:16:53.519 align:start position:0% censorship Etc is not the same that the 00:16:53.519 --> 00:16:55.670 align:start position:0% censorship Etc is not the same that the individuals<00:16:54.000> in<00:16:54.300> Bogota<00:16:54.839> face<00:16:55.199> or<00:16:55.380> the<00:16:55.560> people 00:16:55.670 --> 00:16:55.680 align:start position:0% individuals in Bogota face or the people 00:16:55.680 --> 00:16:57.590 align:start position:0% individuals in Bogota face or the people that<00:16:55.980> in<00:16:56.220> Africa<00:16:56.699> face<00:16:56.820> or<00:16:57.060> the<00:16:57.240> people<00:16:57.360> that 00:16:57.590 --> 00:16:57.600 align:start position:0% that in Africa face or the people that 00:16:57.600 --> 00:16:59.629 align:start position:0% that in Africa face or the people that face<00:16:57.720> in<00:16:57.959> India<00:16:58.259> and<00:16:58.920> this<00:16:59.100> this<00:16:59.279> is<00:16:59.459> the 00:16:59.629 --> 00:16:59.639 align:start position:0% face in India and this this is the 00:16:59.639 --> 00:17:01.730 align:start position:0% face in India and this this is the context<00:17:00.000> that<00:17:00.240> we<00:17:00.360> need<00:17:00.480> to<00:17:00.600> be<00:17:00.660> aware<00:17:00.959> of<00:17:01.139> to 00:17:01.730 --> 00:17:01.740 align:start position:0% context that we need to be aware of to 00:17:01.740 --> 00:17:04.429 align:start position:0% context that we need to be aware of to make<00:17:01.980> sure<00:17:02.100> that<00:17:02.339> the<00:17:02.519> framing<00:17:02.880> is<00:17:03.120> uh 00:17:04.429 --> 00:17:04.439 align:start position:0% make sure that the framing is uh 00:17:04.439 --> 00:17:06.169 align:start position:0% make sure that the framing is uh maneuvered<00:17:05.339> in<00:17:05.400> a<00:17:05.579> way<00:17:05.640> that<00:17:05.819> they<00:17:06.000> understand 00:17:06.169 --> 00:17:06.179 align:start position:0% maneuvered in a way that they understand 00:17:06.179 --> 00:17:07.909 align:start position:0% maneuvered in a way that they understand why<00:17:06.600> they<00:17:06.780> should<00:17:06.900> be<00:17:06.959> decentralizing<00:17:07.740> in<00:17:07.799> the 00:17:07.909 --> 00:17:07.919 align:start position:0% why they should be decentralizing in the 00:17:07.919 --> 00:17:09.890 align:start position:0% why they should be decentralizing in the first<00:17:08.040> place<00:17:08.220> and<00:17:09.059> what<00:17:09.299> does<00:17:09.419> that<00:17:09.600> mean<00:17:09.780> for 00:17:09.890 --> 00:17:09.900 align:start position:0% first place and what does that mean for 00:17:09.900 --> 00:17:11.569 align:start position:0% first place and what does that mean for them<00:17:10.079> and<00:17:10.319> how<00:17:10.500> does<00:17:10.620> that<00:17:10.799> benefit<00:17:10.919> them<00:17:11.280> in 00:17:11.569 --> 00:17:11.579 align:start position:0% them and how does that benefit them in 00:17:11.579 --> 00:17:13.730 align:start position:0% them and how does that benefit them in their<00:17:11.699> long<00:17:11.939> run 00:17:13.730 --> 00:17:13.740 align:start position:0% their long run 00:17:13.740 --> 00:17:15.470 align:start position:0% their long run so<00:17:14.280> I<00:17:14.579> think<00:17:14.640> one<00:17:14.939> thing<00:17:15.059> that<00:17:15.240> I<00:17:15.360> would 00:17:15.470 --> 00:17:15.480 align:start position:0% so I think one thing that I would 00:17:15.480 --> 00:17:17.870 align:start position:0% so I think one thing that I would encourage<00:17:15.780> for<00:17:16.079> everyone<00:17:16.260> to<00:17:16.860> start<00:17:17.220> doing<00:17:17.520> on 00:17:17.870 --> 00:17:17.880 align:start position:0% encourage for everyone to start doing on 00:17:17.880 --> 00:17:19.490 align:start position:0% encourage for everyone to start doing on their<00:17:18.000> own<00:17:18.179> to<00:17:18.480> if<00:17:18.900> they<00:17:19.020> really<00:17:19.199> value 00:17:19.490 --> 00:17:19.500 align:start position:0% their own to if they really value 00:17:19.500 --> 00:17:22.370 align:start position:0% their own to if they really value privacy<00:17:20.040> or<00:17:20.339> security<00:17:20.579> and<00:17:21.360> want<00:17:21.540> to<00:17:21.720> like 00:17:22.370 --> 00:17:22.380 align:start position:0% privacy or security and want to like 00:17:22.380 --> 00:17:24.470 align:start position:0% privacy or security and want to like reduce<00:17:22.679> Reliance<00:17:23.400> on<00:17:23.520> third-party<00:17:24.059> servers 00:17:24.470 --> 00:17:24.480 align:start position:0% reduce Reliance on third-party servers 00:17:24.480 --> 00:17:26.870 align:start position:0% reduce Reliance on third-party servers and<00:17:25.140> improve<00:17:25.500> sensitive<00:17:25.919> resistance<00:17:26.520> or 00:17:26.870 --> 00:17:26.880 align:start position:0% and improve sensitive resistance or 00:17:26.880 --> 00:17:28.069 align:start position:0% and improve sensitive resistance or improve<00:17:27.240> health<00:17:27.419> and<00:17:27.720> do<00:17:27.959> your 00:17:28.069 --> 00:17:28.079 align:start position:0% improve health and do your 00:17:28.079 --> 00:17:30.049 align:start position:0% improve health and do your centralization<00:17:28.559> of<00:17:28.799> the<00:17:28.919> network<00:17:29.100> is<00:17:29.700> to<00:17:29.880> take 00:17:30.049 --> 00:17:30.059 align:start position:0% centralization of the network is to take 00:17:30.059 --> 00:17:31.430 align:start position:0% centralization of the network is to take ownership<00:17:30.360> and<00:17:30.600> participate<00:17:31.080> in<00:17:31.200> the<00:17:31.320> network 00:17:31.430 --> 00:17:31.440 align:start position:0% ownership and participate in the network 00:17:31.440 --> 00:17:33.830 align:start position:0% ownership and participate in the network themselves<00:17:31.919> and<00:17:32.820> this<00:17:32.940> means<00:17:33.179> running<00:17:33.419> a<00:17:33.660> node 00:17:33.830 --> 00:17:33.840 align:start position:0% themselves and this means running a node 00:17:33.840 --> 00:17:36.169 align:start position:0% themselves and this means running a node or<00:17:34.080> whatever<00:17:34.200> it<00:17:34.500> may<00:17:34.679> be<00:17:35.000> ethereum.org<00:17:36.000> has 00:17:36.169 --> 00:17:36.179 align:start position:0% or whatever it may be ethereum.org has 00:17:36.179 --> 00:17:37.970 align:start position:0% or whatever it may be ethereum.org has been<00:17:36.299> doing<00:17:36.419> a<00:17:36.539> great<00:17:36.720> job<00:17:36.900> of<00:17:37.320> creating<00:17:37.799> these 00:17:37.970 --> 00:17:37.980 align:start position:0% been doing a great job of creating these 00:17:37.980 --> 00:17:39.830 align:start position:0% been doing a great job of creating these resources<00:17:38.400> that<00:17:38.640> easily<00:17:39.000> that<00:17:39.360> are<00:17:39.480> easy<00:17:39.660> to 00:17:39.830 --> 00:17:39.840 align:start position:0% resources that easily that are easy to 00:17:39.840 --> 00:17:41.750 align:start position:0% resources that easily that are easy to understand<00:17:40.080> and<00:17:40.980> that<00:17:41.220> have<00:17:41.400> a<00:17:41.520> lot<00:17:41.640> of 00:17:41.750 --> 00:17:41.760 align:start position:0% understand and that have a lot of 00:17:41.760 --> 00:17:43.909 align:start position:0% understand and that have a lot of translations<00:17:42.179> for<00:17:42.539> different<00:17:42.780> regions<00:17:43.200> and<00:17:43.799> I 00:17:43.909 --> 00:17:43.919 align:start position:0% translations for different regions and I 00:17:43.919 --> 00:17:45.409 align:start position:0% translations for different regions and I would<00:17:44.039> encourage<00:17:44.340> everyone<00:17:44.520> to<00:17:44.880> kind<00:17:45.299> of 00:17:45.409 --> 00:17:45.419 align:start position:0% would encourage everyone to kind of 00:17:45.419 --> 00:17:46.669 align:start position:0% would encourage everyone to kind of start<00:17:45.539> digging<00:17:45.900> into<00:17:46.020> some<00:17:46.260> of<00:17:46.380> these<00:17:46.500> more 00:17:46.669 --> 00:17:46.679 align:start position:0% start digging into some of these more 00:17:46.679 --> 00:17:49.010 align:start position:0% start digging into some of these more resources<00:17:47.340> online<00:17:47.580> and<00:17:48.419> try<00:17:48.600> to<00:17:48.780> understand 00:17:49.010 --> 00:17:49.020 align:start position:0% resources online and try to understand 00:17:49.020 --> 00:17:51.890 align:start position:0% resources online and try to understand where<00:17:49.980> we<00:17:50.160> kind<00:17:50.340> of<00:17:50.460> started<00:17:50.760> as<00:17:51.120> an<00:17:51.360> ecosystem 00:17:51.890 --> 00:17:51.900 align:start position:0% where we kind of started as an ecosystem 00:17:51.900 --> 00:17:53.870 align:start position:0% where we kind of started as an ecosystem and<00:17:52.559> where<00:17:52.740> we<00:17:52.919> have<00:17:53.039> kind<00:17:53.220> of<00:17:53.340> ended<00:17:53.580> up<00:17:53.700> in 00:17:53.870 --> 00:17:53.880 align:start position:0% and where we have kind of ended up in 00:17:53.880 --> 00:17:56.090 align:start position:0% and where we have kind of ended up in the<00:17:54.000> past<00:17:54.059> few<00:17:54.299> years 00:17:56.090 --> 00:17:56.100 align:start position:0% the past few years 00:17:56.100 --> 00:17:58.370 align:start position:0% the past few years additionally<00:17:57.000> if<00:17:57.480> there's<00:17:57.660> individuals<00:17:58.200> in 00:17:58.370 --> 00:17:58.380 align:start position:0% additionally if there's individuals in 00:17:58.380 --> 00:17:59.690 align:start position:0% additionally if there's individuals in this<00:17:58.500> room<00:17:58.679> that<00:17:58.919> are<00:17:59.039> quite<00:17:59.220> passionate 00:17:59.690 --> 00:17:59.700 align:start position:0% this room that are quite passionate 00:17:59.700 --> 00:18:01.549 align:start position:0% this room that are quite passionate about<00:18:00.059> creating<00:18:00.600> this<00:18:00.840> change<00:18:01.020> for<00:18:01.380> the 00:18:01.549 --> 00:18:01.559 align:start position:0% about creating this change for the 00:18:01.559 --> 00:18:03.710 align:start position:0% about creating this change for the ecosystem<00:18:01.980> I<00:18:02.580> would<00:18:02.760> encourage<00:18:03.120> them<00:18:03.299> to<00:18:03.539> come 00:18:03.710 --> 00:18:03.720 align:start position:0% ecosystem I would encourage them to come 00:18:03.720 --> 00:18:05.810 align:start position:0% ecosystem I would encourage them to come to<00:18:03.900> adoption<00:18:04.320> day<00:18:04.500> it's<00:18:04.860> the<00:18:05.039> uxn<00:18:05.460> conference 00:18:05.810 --> 00:18:05.820 align:start position:0% to adoption day it's the uxn conference 00:18:05.820 --> 00:18:08.210 align:start position:0% to adoption day it's the uxn conference where<00:18:06.059> we<00:18:06.299> have<00:18:06.480> uh<00:18:07.020> quite<00:18:07.380> a<00:18:07.500> few<00:18:07.620> interesting 00:18:08.210 --> 00:18:08.220 align:start position:0% where we have uh quite a few interesting 00:18:08.220 --> 00:18:10.310 align:start position:0% where we have uh quite a few interesting lightning<00:18:08.580> talks<00:18:08.940> from<00:18:09.120> individuals<00:18:10.080> from 00:18:10.310 --> 00:18:10.320 align:start position:0% lightning talks from individuals from 00:18:10.320 --> 00:18:12.169 align:start position:0% lightning talks from individuals from optimism 00:18:12.169 --> 00:18:12.179 align:start position:0% optimism 00:18:12.179 --> 00:18:16.370 align:start position:0% optimism um<00:18:12.299> from<00:18:12.900> status<00:18:13.440> from<00:18:14.299> uh<00:18:15.299> different<00:18:16.080> Clan 00:18:16.370 --> 00:18:16.380 align:start position:0% um from status from uh different Clan 00:18:16.380 --> 00:18:18.169 align:start position:0% um from status from uh different Clan teams<00:18:16.740> to<00:18:16.919> kind<00:18:17.220> of<00:18:17.340> really<00:18:17.400> dig<00:18:17.640> into<00:18:17.820> these 00:18:18.169 --> 00:18:18.179 align:start position:0% teams to kind of really dig into these 00:18:18.179 --> 00:18:20.570 align:start position:0% teams to kind of really dig into these different<00:18:18.299> issues<00:18:18.780> and<00:18:19.500> think<00:18:19.679> about<00:18:19.860> what<00:18:20.460> we 00:18:20.570 --> 00:18:20.580 align:start position:0% different issues and think about what we 00:18:20.580 --> 00:18:22.310 align:start position:0% different issues and think about what we need<00:18:20.760> to<00:18:20.880> be<00:18:21.000> thinking<00:18:21.299> about<00:18:21.480> in<00:18:21.960> the<00:18:22.140> short 00:18:22.310 --> 00:18:22.320 align:start position:0% need to be thinking about in the short 00:18:22.320 --> 00:18:24.169 align:start position:0% need to be thinking about in the short term<00:18:22.500> and<00:18:22.740> to<00:18:22.860> the<00:18:23.039> long<00:18:23.220> term<00:18:23.400> when<00:18:23.880> it<00:18:24.000> comes 00:18:24.169 --> 00:18:24.179 align:start position:0% term and to the long term when it comes 00:18:24.179 --> 00:18:25.669 align:start position:0% term and to the long term when it comes to<00:18:24.299> the<00:18:24.419> ux<00:18:24.660> challenges<00:18:25.080> when<00:18:25.320> it<00:18:25.440> comes<00:18:25.559> to 00:18:25.669 --> 00:18:25.679 align:start position:0% to the ux challenges when it comes to 00:18:25.679 --> 00:18:27.230 align:start position:0% to the ux challenges when it comes to adoption<00:18:26.160> and<00:18:26.760> make<00:18:26.880> sure<00:18:27.059> that 00:18:27.230 --> 00:18:27.240 align:start position:0% adoption and make sure that 00:18:27.240 --> 00:18:28.610 align:start position:0% adoption and make sure that decentralizes<00:18:28.080> at<00:18:28.320> the<00:18:28.440> core 00:18:28.610 --> 00:18:28.620 align:start position:0% decentralizes at the core 00:18:28.620 --> 00:18:30.710 align:start position:0% decentralizes at the core decentralization<00:18:29.520> is<00:18:29.880> at<00:18:30.059> the<00:18:30.179> core<00:18:30.299> of<00:18:30.600> any 00:18:30.710 --> 00:18:30.720 align:start position:0% decentralization is at the core of any 00:18:30.720 --> 00:18:33.169 align:start position:0% decentralization is at the core of any of<00:18:30.840> the<00:18:30.960> issues<00:18:31.200> that<00:18:31.380> we<00:18:31.500> focus<00:18:31.860> towards<00:18:32.280> so 00:18:33.169 --> 00:18:33.179 align:start position:0% of the issues that we focus towards so 00:18:33.179 --> 00:18:34.970 align:start position:0% of the issues that we focus towards so please<00:18:33.660> be<00:18:33.960> sure<00:18:34.140> to<00:18:34.260> add<00:18:34.500> this<00:18:34.679> to<00:18:34.860> your 00:18:34.970 --> 00:18:34.980 align:start position:0% please be sure to add this to your 00:18:34.980 --> 00:18:36.470 align:start position:0% please be sure to add this to your schedule<00:18:35.160> so<00:18:35.460> we<00:18:35.580> know<00:18:35.700> how<00:18:35.880> to<00:18:36.000> plan<00:18:36.120> for<00:18:36.299> the 00:18:36.470 --> 00:18:36.480 align:start position:0% schedule so we know how to plan for the 00:18:36.480 --> 00:18:38.210 align:start position:0% schedule so we know how to plan for the room<00:18:36.600> accordingly<00:18:37.080> and<00:18:37.620> make<00:18:37.799> sure<00:18:37.919> that<00:18:38.039> we 00:18:38.210 --> 00:18:38.220 align:start position:0% room accordingly and make sure that we 00:18:38.220 --> 00:18:40.070 align:start position:0% room accordingly and make sure that we set<00:18:38.340> it<00:18:38.520> up<00:18:38.700> since<00:18:39.179> it<00:18:39.360> is<00:18:39.480> a<00:18:39.600> small<00:18:39.720> Workshop 00:18:40.070 --> 00:18:40.080 align:start position:0% set it up since it is a small Workshop 00:18:40.080 --> 00:18:41.110 align:start position:0% set it up since it is a small Workshop room 00:18:41.110 --> 00:18:41.120 align:start position:0% room 00:18:41.120 --> 00:18:43.850 align:start position:0% room additionally<00:18:42.120> we'll<00:18:42.900> have<00:18:43.140> working<00:18:43.440> groups 00:18:43.850 --> 00:18:43.860 align:start position:0% additionally we'll have working groups 00:18:43.860 --> 00:18:46.310 align:start position:0% additionally we'll have working groups focus<00:18:44.160> on<00:18:44.340> ux<00:18:44.640> challenges<00:18:45.059> between<00:18:45.419> 1<00:18:45.780> pm<00:18:46.140> and 00:18:46.310 --> 00:18:46.320 align:start position:0% focus on ux challenges between 1 pm and 00:18:46.320 --> 00:18:48.770 align:start position:0% focus on ux challenges between 1 pm and 6<00:18:46.500> pm<00:18:46.799> and<00:18:47.340> then<00:18:47.460> after<00:18:47.700> that<00:18:48.000> we'll<00:18:48.360> go<00:18:48.539> to<00:18:48.660> the 00:18:48.770 --> 00:18:48.780 align:start position:0% 6 pm and then after that we'll go to the 00:18:48.780 --> 00:18:50.510 align:start position:0% 6 pm and then after that we'll go to the chiva<00:18:49.140> Lounge<00:18:49.440> hopefully<00:18:49.740> where<00:18:49.919> Tomo<00:18:50.400> will 00:18:50.510 --> 00:18:50.520 align:start position:0% chiva Lounge hopefully where Tomo will 00:18:50.520 --> 00:18:52.610 align:start position:0% chiva Lounge hopefully where Tomo will do<00:18:50.580> a<00:18:50.700> DJ<00:18:50.880> sets<00:18:51.360> uh<00:18:51.600> looking<00:18:52.080> forward<00:18:52.260> to<00:18:52.380> that 00:18:52.610 --> 00:18:52.620 align:start position:0% do a DJ sets uh looking forward to that 00:18:52.620 --> 00:18:54.470 align:start position:0% do a DJ sets uh looking forward to that myself 00:18:54.470 --> 00:18:54.480 align:start position:0% myself 00:18:54.480 --> 00:18:57.409 align:start position:0% myself uh<00:18:55.380> additionally<00:18:55.860> at<00:18:56.220> Defcon<00:18:56.700> this<00:18:56.940> year<00:18:57.120> we 00:18:57.409 --> 00:18:57.419 align:start position:0% uh additionally at Defcon this year we 00:18:57.419 --> 00:18:59.510 align:start position:0% uh additionally at Defcon this year we really<00:18:57.600> made<00:18:57.900> a<00:18:58.080> point<00:18:58.260> to<00:18:58.620> highlight<00:18:59.039> teams 00:18:59.510 --> 00:18:59.520 align:start position:0% really made a point to highlight teams 00:18:59.520 --> 00:19:01.669 align:start position:0% really made a point to highlight teams and<00:18:59.760> projects<00:19:00.299> that<00:19:00.720> are<00:19:00.900> working<00:19:01.140> on<00:19:01.380> some<00:19:01.559> of 00:19:01.669 --> 00:19:01.679 align:start position:0% and projects that are working on some of 00:19:01.679 --> 00:19:03.770 align:start position:0% and projects that are working on some of this<00:19:01.799> stuff<00:19:01.980> so<00:19:02.820> be<00:19:03.120> sure<00:19:03.240> to<00:19:03.360> go<00:19:03.480> to<00:19:03.600> the 00:19:03.770 --> 00:19:03.780 align:start position:0% this stuff so be sure to go to the 00:19:03.780 --> 00:19:06.590 align:start position:0% this stuff so be sure to go to the client<00:19:04.020> team<00:19:04.260> uh<00:19:04.980> impact<00:19:05.340> boots<00:19:05.580> I<00:19:06.120> know<00:19:06.240> for<00:19:06.480> a 00:19:06.590 --> 00:19:06.600 align:start position:0% client team uh impact boots I know for a 00:19:06.600 --> 00:19:08.450 align:start position:0% client team uh impact boots I know for a fact<00:19:06.720> that<00:19:06.960> Nimbus<00:19:07.500> is<00:19:07.740> working<00:19:07.860> on<00:19:08.100> user 00:19:08.450 --> 00:19:08.460 align:start position:0% fact that Nimbus is working on user 00:19:08.460 --> 00:19:09.710 align:start position:0% fact that Nimbus is working on user interfaces<00:19:08.880> to<00:19:09.059> make<00:19:09.179> some<00:19:09.360> of<00:19:09.419> this<00:19:09.539> stuff 00:19:09.710 --> 00:19:09.720 align:start position:0% interfaces to make some of this stuff 00:19:09.720 --> 00:19:11.210 align:start position:0% interfaces to make some of this stuff easier 00:19:11.210 --> 00:19:11.220 align:start position:0% easier 00:19:11.220 --> 00:19:12.770 align:start position:0% easier um Lighthouse<00:19:11.820> is<00:19:12.000> working<00:19:12.240> on<00:19:12.419> some<00:19:12.600> of<00:19:12.660> this 00:19:12.770 --> 00:19:12.780 align:start position:0% um Lighthouse is working on some of this 00:19:12.780 --> 00:19:16.250 align:start position:0% um Lighthouse is working on some of this stuff<00:19:12.900> I<00:19:13.140> know<00:19:13.320> prism<00:19:14.280> and<00:19:14.960> lodestar<00:19:15.960> have 00:19:16.250 --> 00:19:16.260 align:start position:0% stuff I know prism and lodestar have 00:19:16.260 --> 00:19:17.810 align:start position:0% stuff I know prism and lodestar have done<00:19:16.500> some<00:19:16.679> research<00:19:17.039> and<00:19:17.160> development<00:19:17.580> in 00:19:17.810 --> 00:19:17.820 align:start position:0% done some research and development in 00:19:17.820 --> 00:19:19.669 align:start position:0% done some research and development in this<00:19:18.000> regard<00:19:18.299> as<00:19:18.480> well<00:19:18.660> do<00:19:19.380> check<00:19:19.559> out 00:19:19.669 --> 00:19:19.679 align:start position:0% this regard as well do check out 00:19:19.679 --> 00:19:22.909 align:start position:0% this regard as well do check out ethereum<00:19:20.100> on<00:19:20.280> arm<00:19:20.460> which<00:19:20.820> is<00:19:20.940> a<00:19:21.240> small<00:19:21.919> device 00:19:22.909 --> 00:19:22.919 align:start position:0% ethereum on arm which is a small device 00:19:22.919 --> 00:19:24.409 align:start position:0% ethereum on arm which is a small device that<00:19:23.280> you<00:19:23.340> can<00:19:23.460> actually<00:19:23.640> start<00:19:24.000> running<00:19:24.240> a 00:19:24.409 --> 00:19:24.419 align:start position:0% that you can actually start running a 00:19:24.419 --> 00:19:27.169 align:start position:0% that you can actually start running a node<00:19:24.600> on<00:19:25.020> an<00:19:25.320> ARM<00:19:25.500> device<00:19:25.860> that<00:19:26.460> nodes<00:19:26.820> provide 00:19:27.169 --> 00:19:27.179 align:start position:0% node on an ARM device that nodes provide 00:19:27.179 --> 00:19:30.590 align:start position:0% node on an ARM device that nodes provide services<00:19:27.360> or<00:19:28.200> along<00:19:28.440> this<00:19:28.679> this<00:19:29.419> regard<00:19:30.419> as 00:19:30.590 --> 00:19:30.600 align:start position:0% services or along this this regard as 00:19:30.600 --> 00:19:33.289 align:start position:0% services or along this this regard as well<00:19:30.780> same<00:19:31.260> ethereum<00:19:31.860> so<00:19:32.640> they're<00:19:32.880> all<00:19:33.000> in<00:19:33.179> the 00:19:33.289 --> 00:19:33.299 align:start position:0% well same ethereum so they're all in the 00:19:33.299 --> 00:19:35.990 align:start position:0% well same ethereum so they're all in the impact<00:19:33.539> boot<00:19:34.020> area<00:19:34.200> so<00:19:34.740> be<00:19:34.919> sure<00:19:35.220> to<00:19:35.460> go<00:19:35.760> check 00:19:35.990 --> 00:19:36.000 align:start position:0% impact boot area so be sure to go check 00:19:36.000 --> 00:19:39.049 align:start position:0% impact boot area so be sure to go check them<00:19:36.240> out<00:19:36.360> as<00:19:36.600> well<00:19:36.980> additionally<00:19:37.980> I<00:19:38.700> think<00:19:38.820> we 00:19:39.049 --> 00:19:39.059 align:start position:0% them out as well additionally I think we 00:19:39.059 --> 00:19:40.669 align:start position:0% them out as well additionally I think we just<00:19:39.179> need<00:19:39.360> to<00:19:39.480> kind<00:19:39.660> of<00:19:39.720> go<00:19:39.900> back<00:19:40.080> to<00:19:40.380> this 00:19:40.669 --> 00:19:40.679 align:start position:0% just need to kind of go back to this 00:19:40.679 --> 00:19:43.430 align:start position:0% just need to kind of go back to this diagram<00:19:41.340> around<00:19:41.880> why<00:19:42.660> we<00:19:42.840> were<00:19:42.960> looking<00:19:43.140> at 00:19:43.430 --> 00:19:43.440 align:start position:0% diagram around why we were looking at 00:19:43.440 --> 00:19:45.169 align:start position:0% diagram around why we were looking at the<00:19:43.679> transtheor<00:19:44.280> article<00:19:44.520> model<00:19:44.760> of<00:19:45.059> change 00:19:45.169 --> 00:19:45.179 align:start position:0% the transtheor article model of change 00:19:45.179 --> 00:19:47.630 align:start position:0% the transtheor article model of change and<00:19:45.780> what<00:19:45.900> we<00:19:46.020> need<00:19:46.200> to<00:19:46.320> be<00:19:46.440> mindful<00:19:46.740> of<00:19:46.919> so 00:19:47.630 --> 00:19:47.640 align:start position:0% and what we need to be mindful of so 00:19:47.640 --> 00:19:49.310 align:start position:0% and what we need to be mindful of so it's<00:19:47.940> always<00:19:48.120> an<00:19:48.299> upward<00:19:48.600> spiral<00:19:49.080> and<00:19:49.200> we're 00:19:49.310 --> 00:19:49.320 align:start position:0% it's always an upward spiral and we're 00:19:49.320 --> 00:19:51.350 align:start position:0% it's always an upward spiral and we're always<00:19:49.500> going<00:19:49.799> to<00:19:49.860> relapse<00:19:50.280> and<00:19:50.880> I<00:19:51.059> think<00:19:51.179> over 00:19:51.350 --> 00:19:51.360 align:start position:0% always going to relapse and I think over 00:19:51.360 --> 00:19:53.750 align:start position:0% always going to relapse and I think over the<00:19:51.539> past<00:19:51.660> few<00:19:51.840> years<00:19:52.340> we've<00:19:53.340> unfortunately 00:19:53.750 --> 00:19:53.760 align:start position:0% the past few years we've unfortunately 00:19:53.760 --> 00:19:55.909 align:start position:0% the past few years we've unfortunately relapsed<00:19:54.240> to<00:19:54.299> a<00:19:54.419> point<00:19:54.900> where<00:19:55.260> we<00:19:55.620> just<00:19:55.740> don't 00:19:55.909 --> 00:19:55.919 align:start position:0% relapsed to a point where we just don't 00:19:55.919 --> 00:19:58.610 align:start position:0% relapsed to a point where we just don't want<00:19:56.039> to<00:19:56.160> take<00:19:56.280> ownership<00:19:56.640> of<00:19:57.120> the<00:19:57.620> managing 00:19:58.610 --> 00:19:58.620 align:start position:0% want to take ownership of the managing 00:19:58.620 --> 00:20:00.650 align:start position:0% want to take ownership of the managing our<00:19:58.799> services<00:19:59.100> or<00:19:59.700> infrastructure<00:20:00.299> at<00:20:00.539> all 00:20:00.650 --> 00:20:00.660 align:start position:0% our services or infrastructure at all 00:20:00.660 --> 00:20:02.810 align:start position:0% our services or infrastructure at all and<00:20:01.260> we're<00:20:01.380> going<00:20:01.500> to<00:20:01.620> have<00:20:01.679> to<00:20:01.860> start 00:20:02.810 --> 00:20:02.820 align:start position:0% and we're going to have to start 00:20:02.820 --> 00:20:05.930 align:start position:0% and we're going to have to start looking<00:20:03.360> at<00:20:03.980> what<00:20:04.980> infrastructure<00:20:05.640> what 00:20:05.930 --> 00:20:05.940 align:start position:0% looking at what infrastructure what 00:20:05.940 --> 00:20:08.150 align:start position:0% looking at what infrastructure what resources<00:20:06.419> which<00:20:06.720> education<00:20:07.260> needs<00:20:08.039> to<00:20:08.100> be 00:20:08.150 --> 00:20:08.160 align:start position:0% resources which education needs to be 00:20:08.160 --> 00:20:10.310 align:start position:0% resources which education needs to be put<00:20:08.340> in<00:20:08.460> place<00:20:08.640> where<00:20:08.940> people<00:20:09.179> can<00:20:09.840> now<00:20:10.080> start 00:20:10.310 --> 00:20:10.320 align:start position:0% put in place where people can now start 00:20:10.320 --> 00:20:12.830 align:start position:0% put in place where people can now start actually<00:20:10.679> preparing<00:20:11.520> and<00:20:11.940> putting<00:20:12.299> things 00:20:12.830 --> 00:20:12.840 align:start position:0% actually preparing and putting things 00:20:12.840 --> 00:20:14.270 align:start position:0% actually preparing and putting things into<00:20:13.080> action<00:20:13.440> so<00:20:13.799> hopefully<00:20:14.039> there's 00:20:14.270 --> 00:20:14.280 align:start position:0% into action so hopefully there's 00:20:14.280 --> 00:20:16.430 align:start position:0% into action so hopefully there's individuals<00:20:14.760> in<00:20:14.940> this<00:20:15.120> room<00:20:15.299> that<00:20:16.080> can<00:20:16.260> guide 00:20:16.430 --> 00:20:16.440 align:start position:0% individuals in this room that can guide 00:20:16.440 --> 00:20:19.850 align:start position:0% individuals in this room that can guide us<00:20:16.679> that<00:20:16.980> can<00:20:17.160> lead<00:20:17.340> us<00:20:17.960> move<00:20:18.960> into<00:20:19.200> more 00:20:19.850 --> 00:20:19.860 align:start position:0% us that can lead us move into more 00:20:19.860 --> 00:20:22.130 align:start position:0% us that can lead us move into more action-oriented<00:20:20.820> mind<00:20:21.299> frame<00:20:21.600> rather<00:20:21.960> than 00:20:22.130 --> 00:20:22.140 align:start position:0% action-oriented mind frame rather than 00:20:22.140 --> 00:20:23.990 align:start position:0% action-oriented mind frame rather than where<00:20:22.380> we<00:20:22.620> just 00:20:23.990 --> 00:20:24.000 align:start position:0% where we just 00:20:24.000 --> 00:20:25.970 align:start position:0% where we just contemplate<00:20:24.900> and<00:20:25.140> think<00:20:25.260> about<00:20:25.440> the<00:20:25.740> issues 00:20:25.970 --> 00:20:25.980 align:start position:0% contemplate and think about the issues 00:20:25.980 --> 00:20:27.890 align:start position:0% contemplate and think about the issues that<00:20:26.220> we<00:20:26.340> are<00:20:26.460> facing<00:20:26.820> but<00:20:27.360> once<00:20:27.660> we<00:20:27.780> actually 00:20:27.890 --> 00:20:27.900 align:start position:0% that we are facing but once we actually 00:20:27.900 --> 00:20:29.270 align:start position:0% that we are facing but once we actually get<00:20:28.200> to<00:20:28.260> the<00:20:28.440> point<00:20:28.559> that<00:20:28.799> it's<00:20:28.980> too<00:20:29.100> late 00:20:29.270 --> 00:20:29.280 align:start position:0% get to the point that it's too late 00:20:29.280 --> 00:20:31.730 align:start position:0% get to the point that it's too late there's<00:20:29.820> nothing<00:20:30.120> that<00:20:30.360> we<00:20:30.480> can<00:20:30.600> do<00:20:30.780> so<00:20:31.559> I 00:20:31.730 --> 00:20:31.740 align:start position:0% there's nothing that we can do so I 00:20:31.740 --> 00:20:32.930 align:start position:0% there's nothing that we can do so I would<00:20:31.860> like<00:20:31.980> to<00:20:32.100> thank<00:20:32.220> everyone<00:20:32.460> for<00:20:32.760> coming 00:20:32.930 --> 00:20:32.940 align:start position:0% would like to thank everyone for coming 00:20:32.940 --> 00:20:34.310 align:start position:0% would like to thank everyone for coming today<00:20:33.179> and<00:20:33.539> hopefully<00:20:33.840> you<00:20:34.020> get<00:20:34.140> an 00:20:34.310 --> 00:20:34.320 align:start position:0% today and hopefully you get an 00:20:34.320 --> 00:20:37.190 align:start position:0% today and hopefully you get an opportunity<00:20:34.740> to<00:20:35.700> engage<00:20:36.179> with<00:20:36.419> the<00:20:36.780> thousands 00:20:37.190 --> 00:20:37.200 align:start position:0% opportunity to engage with the thousands 00:20:37.200 --> 00:20:38.990 align:start position:0% opportunity to engage with the thousands of<00:20:37.260> individuals<00:20:37.740> that<00:20:37.980> are<00:20:38.100> coming<00:20:38.280> to<00:20:38.520> Defcon 00:20:38.990 --> 00:20:39.000 align:start position:0% of individuals that are coming to Defcon 00:20:39.000 --> 00:20:41.450 align:start position:0% of individuals that are coming to Defcon from<00:20:39.720> disparate<00:20:40.260> backgrounds<00:20:40.860> and 00:20:41.450 --> 00:20:41.460 align:start position:0% from disparate backgrounds and 00:20:41.460 --> 00:20:42.770 align:start position:0% from disparate backgrounds and communicate<00:20:41.820> with<00:20:42.000> them<00:20:42.120> and<00:20:42.299> really<00:20:42.480> learn 00:20:42.770 --> 00:20:42.780 align:start position:0% communicate with them and really learn 00:20:42.780 --> 00:20:44.510 align:start position:0% communicate with them and really learn about<00:20:43.260> the<00:20:43.440> challenges<00:20:43.740> that<00:20:43.980> they<00:20:44.100> face<00:20:44.280> when 00:20:44.510 --> 00:20:44.520 align:start position:0% about the challenges that they face when 00:20:44.520 --> 00:20:47.029 align:start position:0% about the challenges that they face when it<00:20:44.640> comes<00:20:44.820> to<00:20:45.000> some<00:20:45.240> of<00:20:45.360> this<00:20:45.480> stuff<00:20:45.860> why<00:20:46.860> are 00:20:47.029 --> 00:20:47.039 align:start position:0% it comes to some of this stuff why are 00:20:47.039 --> 00:20:48.890 align:start position:0% it comes to some of this stuff why are they<00:20:47.220> here<00:20:47.460> why<00:20:47.880> did<00:20:48.240> they<00:20:48.419> want<00:20:48.660> to 00:20:48.890 --> 00:20:48.900 align:start position:0% they here why did they want to 00:20:48.900 --> 00:20:50.690 align:start position:0% they here why did they want to participate<00:20:49.620> in<00:20:49.799> the<00:20:49.919> ethereum<00:20:50.280> whether<00:20:50.520> it 00:20:50.690 --> 00:20:50.700 align:start position:0% participate in the ethereum whether it 00:20:50.700 --> 00:20:52.669 align:start position:0% participate in the ethereum whether it was<00:20:50.880> creating<00:20:51.600> resources<00:20:52.140> whether<00:20:52.440> it's 00:20:52.669 --> 00:20:52.679 align:start position:0% was creating resources whether it's 00:20:52.679 --> 00:20:55.490 align:start position:0% was creating resources whether it's developing<00:20:53.340> protocols<00:20:54.240> what<00:20:54.960> really<00:20:55.140> drives 00:20:55.490 --> 00:20:55.500 align:start position:0% developing protocols what really drives 00:20:55.500 --> 00:20:57.110 align:start position:0% developing protocols what really drives them<00:20:55.679> and<00:20:55.919> how<00:20:56.160> do<00:20:56.280> you<00:20:56.400> take<00:20:56.580> that<00:20:56.820> context 00:20:57.110 --> 00:20:57.120 align:start position:0% them and how do you take that context 00:20:57.120 --> 00:20:58.970 align:start position:0% them and how do you take that context into<00:20:57.299> the<00:20:57.539> work<00:20:57.660> that<00:20:57.840> you're<00:20:57.960> doing<00:20:58.200> I<00:20:58.799> think 00:20:58.970 --> 00:20:58.980 align:start position:0% into the work that you're doing I think 00:20:58.980 --> 00:21:00.710 align:start position:0% into the work that you're doing I think it's<00:20:59.039> quite<00:20:59.220> imperative<00:20:59.640> and 00:21:00.710 --> 00:21:00.720 align:start position:0% it's quite imperative and 00:21:00.720 --> 00:21:02.930 align:start position:0% it's quite imperative and Community<00:21:01.320> efforts<00:21:02.039> like<00:21:02.160> Defcon<00:21:02.640> are 00:21:02.930 --> 00:21:02.940 align:start position:0% Community efforts like Defcon are 00:21:02.940 --> 00:21:05.029 align:start position:0% Community efforts like Defcon are amazing<00:21:03.299> to<00:21:03.539> see<00:21:03.780> the<00:21:04.080> the<00:21:04.320> consequence<00:21:04.860> of 00:21:05.029 --> 00:21:05.039 align:start position:0% amazing to see the the consequence of 00:21:05.039 --> 00:21:07.190 align:start position:0% amazing to see the the consequence of what<00:21:05.220> happens<00:21:05.400> at<00:21:05.700> these<00:21:06.000> events<00:21:06.299> so<00:21:06.900> you 00:21:07.190 --> 00:21:07.200 align:start position:0% what happens at these events so you 00:21:07.200 --> 00:21:09.230 align:start position:0% what happens at these events so you might<00:21:07.380> see<00:21:07.620> an<00:21:07.860> idea<00:21:08.160> spark<00:21:08.520> at<00:21:08.820> one<00:21:09.000> of<00:21:09.120> these 00:21:09.230 --> 00:21:09.240 align:start position:0% might see an idea spark at one of these 00:21:09.240 --> 00:21:11.510 align:start position:0% might see an idea spark at one of these talks<00:21:09.600> that<00:21:10.140> leads<00:21:10.440> to<00:21:10.500> a<00:21:10.679> huge<00:21:10.919> impact<00:21:11.160> not 00:21:11.510 --> 00:21:11.520 align:start position:0% talks that leads to a huge impact not 00:21:11.520 --> 00:21:13.310 align:start position:0% talks that leads to a huge impact not only<00:21:11.640> monetarily<00:21:12.299> but<00:21:12.780> just<00:21:13.020> from<00:21:13.140> an 00:21:13.310 --> 00:21:13.320 align:start position:0% only monetarily but just from an 00:21:13.320 --> 00:21:15.830 align:start position:0% only monetarily but just from an ecosystem-wide<00:21:14.280> perspective<00:21:14.760> uh<00:21:15.419> in<00:21:15.660> the 00:21:15.830 --> 00:21:15.840 align:start position:0% ecosystem-wide perspective uh in the 00:21:15.840 --> 00:21:18.230 align:start position:0% ecosystem-wide perspective uh in the next<00:21:16.020> few<00:21:16.380> years<00:21:16.620> so<00:21:17.100> be<00:21:17.580> mindful<00:21:17.940> of<00:21:18.059> those 00:21:18.230 --> 00:21:18.240 align:start position:0% next few years so be mindful of those 00:21:18.240 --> 00:21:20.510 align:start position:0% next few years so be mindful of those conversations<00:21:18.720> take<00:21:19.320> the<00:21:19.500> opportunity<00:21:19.919> to 00:21:20.510 --> 00:21:20.520 align:start position:0% conversations take the opportunity to 00:21:20.520 --> 00:21:23.810 align:start position:0% conversations take the opportunity to really<00:21:21.299> dig<00:21:21.660> deep<00:21:21.960> and<00:21:22.320> think<00:21:22.559> about<00:21:22.799> the<00:21:23.640> the 00:21:23.810 --> 00:21:23.820 align:start position:0% really dig deep and think about the the 00:21:23.820 --> 00:21:25.190 align:start position:0% really dig deep and think about the the reason<00:21:24.059> why<00:21:24.360> we<00:21:24.539> were<00:21:24.600> here<00:21:24.780> in<00:21:24.960> the<00:21:25.080> first 00:21:25.190 --> 00:21:25.200 align:start position:0% reason why we were here in the first 00:21:25.200 --> 00:21:26.770 align:start position:0% reason why we were here in the first place<00:21:25.380> and<00:21:25.740> how<00:21:25.919> we<00:21:26.039> can<00:21:26.220> kind<00:21:26.400> of<00:21:26.520> continue 00:21:26.770 --> 00:21:26.780 align:start position:0% place and how we can kind of continue 00:21:26.780 --> 00:21:29.390 align:start position:0% place and how we can kind of continue moving<00:21:27.780> towards<00:21:28.380> that<00:21:28.799> decentralized 00:21:29.390 --> 00:21:29.400 align:start position:0% moving towards that decentralized 00:21:29.400 --> 00:21:32.030 align:start position:0% moving towards that decentralized ecosystem<00:21:30.000> thank<00:21:30.600> you<00:21:30.720> very<00:21:30.840> much 00:21:32.030 --> 00:21:32.040 align:start position:0% ecosystem thank you very much 00:21:32.040 --> 00:21:36.839 align:start position:0% ecosystem thank you very much [Applause]