WEBVTT
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Language: en

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ah<00:00:16.150><c> cancun</c><00:00:17.150><c> what</c><00:00:17.690><c> an</c><00:00:17.840><c> epic</c><00:00:18.170><c> def</c><00:00:18.410><c> con</c><00:00:18.650><c> this</c><00:00:18.800><c> was</c>

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ah cancun what an epic def con this was
 

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ah cancun what an epic def con this was
can<00:00:19.670><c> we</c><00:00:19.820><c> agree</c><00:00:20.030><c> let's</c><00:00:20.840><c> give</c><00:00:21.020><c> it</c><00:00:21.050><c> up</c><00:00:21.290><c> for</c><00:00:21.350><c> a</c>

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can we agree let's give it up for a
 

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can we agree let's give it up for a
Tyrian<00:00:21.950><c> foundation</c><00:00:22.610><c> and</c><00:00:22.760><c> everyone</c><00:00:23.120><c> making</c>

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Tyrian foundation and everyone making
 

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Tyrian foundation and everyone making
this<00:00:23.660><c> happen</c><00:00:23.930><c> yeah</c><00:00:25.150><c> thank</c><00:00:26.150><c> you</c>

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this happen yeah thank you
 

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this happen yeah thank you
so<00:00:28.850><c> let</c><00:00:29.480><c> me</c><00:00:29.630><c> play</c><00:00:30.320><c> this</c><00:00:49.000><c> technology</c><00:00:52.300><c> okay</c>

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so let me play this technology okay
 

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so let me play this technology okay
so<00:00:54.190><c> before</c><00:00:55.190><c> we</c><00:00:55.340><c> begin</c><00:00:55.460><c> I</c><00:00:55.910><c> would</c><00:00:56.030><c> like</c><00:00:56.180><c> to</c><00:00:56.480><c> ask</c>

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so before we begin I would like to ask
 

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so before we begin I would like to ask
how<00:00:56.930><c> many</c><00:00:56.989><c> of</c><00:00:57.200><c> you</c><00:00:57.350><c> have</c><00:00:57.559><c> heard</c><00:00:57.710><c> of</c><00:00:57.890><c> Akasha</c>

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how many of you have heard of Akasha
 

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how many of you have heard of Akasha
before<00:00:58.579><c> can</c><00:00:58.910><c> we</c><00:00:58.940><c> see</c><00:00:59.180><c> a</c><00:00:59.210><c> show</c><00:00:59.300><c> of</c><00:01:01.300><c> okay</c><00:01:02.300><c> that's</c>

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before can we see a show of okay that's
 

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before can we see a show of okay that's
that<00:01:02.870><c> is</c><00:01:03.110><c> impressive</c><00:01:03.710><c> and</c><00:01:03.890><c> I'm</c><00:01:04.460><c> just</c><00:01:04.699><c> curious</c>

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that is impressive and I'm just curious
 

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that is impressive and I'm just curious
how<00:01:05.210><c> many</c><00:01:05.239><c> of</c><00:01:05.509><c> you</c><00:01:05.720><c> have</c><00:01:05.960><c> actually</c><00:01:06.290><c> tried</c><00:01:06.590><c> the</c>

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how many of you have actually tried the
 

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how many of you have actually tried the
Alpha<00:01:07.900><c> Wow</c><00:01:08.900><c> okay</c><00:01:09.590><c> so</c><00:01:09.620><c> we</c><00:01:09.860><c> have</c><00:01:10.010><c> quite</c><00:01:10.340><c> a</c><00:01:10.370><c> few</c>

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Alpha Wow okay so we have quite a few
 

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Alpha Wow okay so we have quite a few
alpha<00:01:11.240><c> veterans</c><00:01:11.870><c> thank</c><00:01:12.740><c> you</c><00:01:12.920><c> for</c><00:01:13.370><c> taking</c><00:01:13.760><c> the</c>

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alpha veterans thank you for taking the
 

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alpha veterans thank you for taking the
time<00:01:14.150><c> to</c><00:01:14.420><c> play</c><00:01:15.110><c> with</c><00:01:15.320><c> the</c><00:01:15.950><c> app</c><00:01:17.140><c> for</c><00:01:18.140><c> those</c><00:01:18.290><c> of</c>

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time to play with the app for those of
 

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time to play with the app for those of
you<00:01:18.560><c> who</c><00:01:18.770><c> haven't</c><00:01:19.340><c> heard</c><00:01:19.490><c> of</c><00:01:19.700><c> Akasha</c><00:01:20.030><c> before</c>

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you who haven't heard of Akasha before
 

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you who haven't heard of Akasha before
as<00:01:20.930><c> a</c><00:01:21.290><c> word</c><00:01:21.710><c> it</c><00:01:21.950><c> comes</c><00:01:22.190><c> from</c><00:01:22.520><c> Sanskrit</c><00:01:23.240><c> and</c><00:01:23.630><c> it</c>

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as a word it comes from Sanskrit and it
 

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as a word it comes from Sanskrit and it
means<00:01:23.990><c> eater</c><00:01:24.610><c> but</c><00:01:25.610><c> it</c><00:01:25.729><c> also</c><00:01:26.200><c> stands</c><00:01:27.200><c> as</c><00:01:27.350><c> an</c>

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means eater but it also stands as an
 

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means eater but it also stands as an
acronym<00:01:27.890><c> for</c><00:01:27.950><c> advanced</c><00:01:28.790><c> knowledge</c>

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acronym for advanced knowledge
 

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acronym for advanced knowledge
architecture<00:01:29.750><c> for</c><00:01:30.260><c> social</c><00:01:30.740><c> human</c><00:01:31.130><c> advocacy</c>

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architecture for social human advocacy
 

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architecture for social human advocacy
and<00:01:32.720><c> what</c><00:01:33.200><c> we</c><00:01:33.350><c> are</c><00:01:33.439><c> trying</c><00:01:33.680><c> to</c><00:01:33.860><c> build</c><00:01:34.010><c> is</c><00:01:34.340><c> a</c>

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and what we are trying to build is a
 

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and what we are trying to build is a
peer-to-peer<00:01:34.760><c> alternative</c><00:01:35.659><c> in</c><00:01:35.990><c> a</c><00:01:36.049><c> world</c>

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peer-to-peer alternative in a world
 

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peer-to-peer alternative in a world
where<00:01:36.799><c> the</c><00:01:37.580><c> social</c><00:01:37.820><c> media</c><00:01:38.240><c> networks</c><00:01:38.659><c> are</c>

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where the social media networks are
 

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where the social media networks are
modeled<00:01:39.530><c> after</c><00:01:39.680><c> the</c><00:01:40.040><c> Napster</c><00:01:40.490><c> architecture</c>

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modeled after the Napster architecture
 

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modeled after the Napster architecture
where<00:01:41.840><c> the</c><00:01:42.049><c> user</c><00:01:42.260><c> depends</c><00:01:42.890><c> on</c><00:01:43.010><c> a</c><00:01:43.040><c> server</c><00:01:43.580><c> or</c><00:01:43.939><c> a</c>

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where the user depends on a server or a
 

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where the user depends on a server or a
server<00:01:44.960><c> operator</c><00:01:45.470><c> or</c><00:01:45.950><c> an</c><00:01:46.100><c> entity</c><00:01:46.810><c> and</c><00:01:47.810><c> we</c><00:01:48.310><c> want</c>

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server operator or an entity and we want
 

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server operator or an entity and we want
to<00:01:49.460><c> tackle</c><00:01:49.820><c> this</c><00:01:49.939><c> problem</c><00:01:50.840><c> from</c><00:01:51.020><c> a</c><00:01:51.170><c> different</c>

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to tackle this problem from a different
 

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to tackle this problem from a different
perspective<00:01:51.770><c> using</c><00:01:52.490><c> different</c><00:01:53.240><c> technologies</c>

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perspective using different technologies
 

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perspective using different technologies
so<00:01:54.710><c> in</c><00:01:55.280><c> a</c><00:01:55.430><c> word</c><00:01:55.610><c> we</c><00:01:55.820><c> want</c><00:01:56.000><c> to</c><00:01:56.180><c> showcase</c><00:01:56.600><c> the</c>

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so in a word we want to showcase the
 

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so in a word we want to showcase the
potential<00:01:57.290><c> of</c><00:01:57.409><c> etherium</c><00:01:57.950><c> combined</c><00:01:58.369><c> with</c><00:01:58.549><c> ipfs</c>

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potential of etherium combined with ipfs
 

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potential of etherium combined with ipfs
to<00:02:00.110><c> solve</c><00:02:00.439><c> all</c><00:02:00.799><c> problems</c><00:02:00.909><c> using</c><00:02:01.909><c> new</c>

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to solve all problems using new
 

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to solve all problems using new
technologies<00:02:02.869><c> and</c><00:02:03.610><c> the</c><00:02:04.610><c> thing</c><00:02:04.820><c> we</c><00:02:04.970><c> want</c><00:02:05.329><c> to</c>

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technologies and the thing we want to
 

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technologies and the thing we want to
achieve<00:02:05.630><c> is</c><00:02:06.020><c> a</c><00:02:06.049><c> shared</c><00:02:06.439><c> and</c><00:02:06.650><c> persistent</c>

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achieve is a shared and persistent
 

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achieve is a shared and persistent
information<00:02:07.670><c> Commons</c><00:02:08.179><c> that</c><00:02:08.810><c> can</c><00:02:09.079><c> help</c><00:02:09.319><c> people</c>

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information Commons that can help people
 

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information Commons that can help people
put<00:02:10.310><c> the</c><00:02:10.789><c> key</c><00:02:11.150><c> that</c><00:02:11.989><c> can</c><00:02:12.230><c> help</c><00:02:12.530><c> people</c><00:02:13.010><c> regain</c>

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put the key that can help people regain
 

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put the key that can help people regain
their<00:02:13.870><c> collective</c><00:02:14.870><c> memory</c>

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their collective memory
 

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their collective memory
and<00:02:15.530><c> freedom</c><00:02:16.040><c> of</c><00:02:16.220><c> expression</c><00:02:16.450><c> back</c><00:02:17.450><c> from</c><00:02:17.810><c> the</c>

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and freedom of expression back from the
 

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and freedom of expression back from the
clause<00:02:18.170><c> of</c><00:02:18.340><c> corporations</c><00:02:19.340><c> that</c><00:02:19.460><c> monetize</c>

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clause of corporations that monetize
 

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clause of corporations that monetize
each<00:02:20.480><c> click</c><00:02:20.900><c> and</c><00:02:21.850><c> really</c><00:02:22.850><c> everything</c><00:02:23.330><c> it's</c>

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each click and really everything it's
 

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each click and really everything it's
really<00:02:23.720><c> bad</c><00:02:24.110><c> so</c><00:02:24.940><c> to</c><00:02:25.940><c> put</c><00:02:26.150><c> it</c><00:02:26.180><c> visually</c><00:02:27.170><c> the</c>

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really bad so to put it visually the
 

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really bad so to put it visually the
Napster<00:02:28.250><c> web</c><00:02:28.520><c> apps</c><00:02:28.850><c> are</c><00:02:29.260><c> Napster</c><00:02:30.260><c> like</c><00:02:30.470><c> web</c>

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Napster web apps are Napster like web
 

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Napster web apps are Napster like web
apps<00:02:31.010><c> rely</c><00:02:31.910><c> on</c><00:02:31.940><c> the</c><00:02:32.180><c> server</c><00:02:32.390><c> admin</c><00:02:32.810><c> or</c><00:02:33.110><c> the</c>

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apps rely on the server admin or the
 

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apps rely on the server admin or the
server<00:02:34.310><c> itself</c><00:02:34.790><c> and</c><00:02:35.120><c> if</c><00:02:35.870><c> for</c><00:02:36.380><c> some</c><00:02:36.440><c> reason</c><00:02:37.040><c> the</c>

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server itself and if for some reason the
 

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server itself and if for some reason the
user<00:02:37.430><c> does</c><00:02:37.910><c> not</c><00:02:37.940><c> comply</c><00:02:38.540><c> or</c><00:02:38.930><c> respect</c><00:02:39.650><c> whatever</c>

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user does not comply or respect whatever
 

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user does not comply or respect whatever
the<00:02:40.250><c> server</c><00:02:40.600><c> operator</c><00:02:41.600><c> once</c><00:02:42.110><c> they</c><00:02:42.770><c> lose</c>

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the server operator once they lose
 

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the server operator once they lose
access<00:02:43.430><c> to</c><00:02:43.640><c> the</c><00:02:43.910><c> service</c><00:02:44.300><c> in</c><00:02:44.900><c> the</c><00:02:45.110><c> Alpha</c><00:02:45.470><c> we</c>

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access to the service in the Alpha we
 

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access to the service in the Alpha we
took<00:02:45.920><c> the</c><00:02:46.220><c> hardest</c><00:02:46.730><c> challenge</c><00:02:47.210><c> we</c><00:02:47.330><c> could</c><00:02:47.540><c> find</c>

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took the hardest challenge we could find
 

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took the hardest challenge we could find
which<00:02:48.170><c> was</c><00:02:48.410><c> to</c><00:02:48.620><c> build</c><00:02:48.710><c> a</c><00:02:48.920><c> fully</c><00:02:49.190><c> decentralized</c>

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which was to build a fully decentralized
 

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which was to build a fully decentralized
desktop<00:02:50.360><c> app</c><00:02:50.710><c> meaning</c><00:02:51.710><c> that</c><00:02:51.860><c> each</c><00:02:52.130><c> user</c><00:02:52.490><c> when</c>

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desktop app meaning that each user when
 

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desktop app meaning that each user when
they<00:02:52.880><c> downloaded</c><00:02:53.720><c> and</c><00:02:53.870><c> installed</c><00:02:54.260><c> the</c><00:02:54.440><c> Akasha</c>

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they downloaded and installed the Akasha
 

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they downloaded and installed the Akasha
application<00:02:55.460><c> they</c><00:02:55.580><c> were</c><00:02:55.670><c> actually</c>

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application they were actually
 

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application they were actually
installing<00:02:57.020><c> bundled</c><00:02:57.860><c> and</c><00:02:58.100><c> etherium</c><00:02:58.610><c> node</c><00:02:58.820><c> and</c>

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installing bundled and etherium node and
 

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installing bundled and etherium node and
an<00:02:59.150><c> IP</c><00:02:59.330><c> FS</c><00:02:59.780><c> node</c><00:03:00.020><c> so</c><00:03:00.830><c> in</c><00:03:01.310><c> the</c><00:03:01.490><c> beta</c><00:03:01.700><c> thanks</c><00:03:02.360><c> to</c>

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an IP FS node so in the beta thanks to
 

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an IP FS node so in the beta thanks to
hard<00:03:03.020><c> work</c><00:03:03.080><c> of</c><00:03:03.530><c> the</c><00:03:03.740><c> team</c><00:03:03.950><c> we</c><00:03:04.130><c> will</c><00:03:04.280><c> also</c>

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hard work of the team we will also
 

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hard work of the team we will also
introduce<00:03:04.880><c> a</c><00:03:05.270><c> fully</c><00:03:05.540><c> functional</c><00:03:06.170><c> web</c><00:03:06.710><c> version</c>

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introduce a fully functional web version
 

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introduce a fully functional web version
which<00:03:07.520><c> will</c><00:03:07.730><c> remove</c><00:03:08.000><c> the</c><00:03:08.210><c> need</c><00:03:08.390><c> to</c><00:03:08.600><c> sync</c><00:03:08.900><c> with</c>

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which will remove the need to sync with
 

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which will remove the need to sync with
with<00:03:09.770><c> a</c><00:03:09.800><c> chain</c><00:03:10.160><c> and</c><00:03:10.400><c> the</c><00:03:11.300><c> users</c><00:03:11.630><c> will</c><00:03:11.870><c> then</c>

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with a chain and the users will then
 

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with a chain and the users will then
rely<00:03:13.220><c> on</c><00:03:13.250><c> meta</c><00:03:13.730><c> mask</c><00:03:14.030><c> or</c><00:03:14.360><c> any</c><00:03:14.840><c> other</c><00:03:15.140><c> way</c><00:03:15.440><c> tree</c>

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rely on meta mask or any other way tree
 

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rely on meta mask or any other way tree
service<00:03:15.980><c> provider</c><00:03:16.340><c> like</c><00:03:16.580><c> status</c><00:03:17.180><c> or</c><00:03:17.600><c> or</c>

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service provider like status or or
 

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service provider like status or or
missed<00:03:18.770><c> and</c><00:03:19.310><c> when</c><00:03:19.700><c> we</c><00:03:19.850><c> say</c><00:03:20.030><c> that</c><00:03:20.209><c> free</c><00:03:20.450><c> speech</c>

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missed and when we say that free speech
 

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missed and when we say that free speech
is<00:03:20.930><c> embedded</c><00:03:21.380><c> in</c><00:03:21.500><c> software</c><00:03:21.860><c> what</c><00:03:22.190><c> we</c><00:03:22.340><c> mean</c><00:03:22.520><c> is</c>

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is embedded in software what we mean is
 

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is embedded in software what we mean is
that<00:03:23.200><c> whereas</c><00:03:24.200><c> the</c><00:03:24.500><c> user</c><00:03:24.739><c> can</c><00:03:25.160><c> be</c><00:03:25.310><c> kicked</c><00:03:25.550><c> for</c>

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that whereas the user can be kicked for
 

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that whereas the user can be kicked for
whatever<00:03:26.570><c> reason</c><00:03:27.140><c> from</c><00:03:27.410><c> the</c><00:03:27.650><c> Napster</c><00:03:28.100><c> like</c>

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whatever reason from the Napster like
 

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whatever reason from the Napster like
web<00:03:29.180><c> apps</c><00:03:29.420><c> on</c><00:03:30.050><c> Akasha</c><00:03:30.650><c> the</c><00:03:30.980><c> users</c><00:03:31.310><c> are</c><00:03:31.489><c> in</c><00:03:31.610><c> full</c>

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web apps on Akasha the users are in full
 

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web apps on Akasha the users are in full
control<00:03:32.060><c> over</c><00:03:32.300><c> their</c><00:03:32.690><c> identity</c><00:03:33.290><c> and</c><00:03:33.560><c> the</c>

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control over their identity and the
 

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control over their identity and the
content<00:03:34.340><c> they</c><00:03:34.459><c> are</c><00:03:34.489><c> posting</c><00:03:35.090><c> so</c><00:03:35.840><c> our</c><00:03:36.200><c> story</c>

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content they are posting so our story
 

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content they are posting so our story
began<00:03:36.860><c> on</c><00:03:37.070><c> May</c><00:03:37.280><c> 6th</c><00:03:38.209><c> mater</c><00:03:39.010><c> 2016</c><00:03:40.010><c> on</c><00:03:40.760><c> World</c>

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began on May 6th mater 2016 on World
 

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began on May 6th mater 2016 on World
Press<00:03:42.230><c> Freedom</c><00:03:42.440><c> Day</c><00:03:42.709><c> and</c><00:03:43.250><c> this</c><00:03:43.850><c> is</c><00:03:43.970><c> when</c><00:03:44.180><c> we</c>

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Press Freedom Day and this is when we
 

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Press Freedom Day and this is when we
basically<00:03:45.350><c> announced</c><00:03:45.739><c> that</c><00:03:46.040><c> we've</c><00:03:46.250><c> been</c>

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basically announced that we've been
 

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basically announced that we've been
working<00:03:46.850><c> for</c><00:03:47.000><c> quite</c><00:03:47.150><c> some</c><00:03:47.420><c> time</c><00:03:47.450><c> on</c><00:03:47.810><c> the</c>

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working for quite some time on the
 

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working for quite some time on the
Akasha<00:03:48.230><c> alpha</c><00:03:48.680><c> it</c><00:03:49.040><c> was</c><00:03:49.250><c> a</c><00:03:49.280><c> total</c><00:03:49.700><c> shot</c><00:03:49.910><c> in</c><00:03:50.090><c> the</c>

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Akasha alpha it was a total shot in the
 

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Akasha alpha it was a total shot in the
dark<00:03:50.390><c> for</c><00:03:50.810><c> us</c><00:03:50.959><c> we</c><00:03:51.320><c> weren't</c><00:03:52.190><c> sure</c><00:03:52.459><c> exactly</c><00:03:52.610><c> what</c>

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dark for us we weren't sure exactly what
 

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dark for us we weren't sure exactly what
we<00:03:53.300><c> expect</c><00:03:53.720><c> so</c><00:03:53.900><c> it</c><00:03:53.989><c> was</c><00:03:54.200><c> kind</c><00:03:54.440><c> of</c><00:03:54.500><c> a</c><00:03:54.650><c> test</c><00:03:55.220><c> to</c>

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we expect so it was kind of a test to
 

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we expect so it was kind of a test to
see<00:03:55.519><c> how</c><00:03:55.670><c> it</c><00:03:55.820><c> will</c><00:03:56.030><c> be</c><00:03:56.090><c> received</c><00:03:56.769><c> among</c>

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see how it will be received among
 

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see how it will be received among
ourselves<00:03:57.950><c> before</c><00:03:58.910><c> we</c><00:03:58.940><c> release</c><00:03:59.360><c> the</c><00:03:59.510><c> website</c>

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ourselves before we release the website
 

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ourselves before we release the website
we<00:04:00.170><c> we</c><00:04:00.470><c> talked</c><00:04:00.769><c> and</c><00:04:00.920><c> we</c><00:04:01.010><c> say</c><00:04:01.190><c> ok</c><00:04:01.580><c> man</c><00:04:01.760><c> what</c><00:04:02.769><c> we</c>

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we we talked and we say ok man what we
 

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we we talked and we say ok man what we
consider<00:04:04.400><c> a</c><00:04:04.430><c> success</c><00:04:04.970><c> you</c><00:04:05.269><c> know</c><00:04:05.390><c> just</c><00:04:05.690><c> to</c><00:04:05.870><c> have</c>

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consider a success you know just to have
 

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consider a success you know just to have
some<00:04:06.590><c> some</c><00:04:07.489><c> numbers</c><00:04:07.940><c> and</c><00:04:08.090><c> Mario's</c><00:04:08.390><c> here</c><00:04:08.660><c> said</c>

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some some numbers and Mario's here said
 

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some some numbers and Mario's here said
like<00:04:09.200><c> 30</c><00:04:09.590><c> people</c><00:04:09.890><c> in</c><00:04:10.340><c> the</c><00:04:10.489><c> first</c><00:04:10.730><c> 24</c><00:04:11.150><c> hours</c>

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like 30 people in the first 24 hours
 

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like 30 people in the first 24 hours
would<00:04:11.780><c> be</c><00:04:11.840><c> cool</c>

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would be cool
 

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would be cool
roxanna<00:04:13.010><c> here</c><00:04:13.340><c> more</c><00:04:13.519><c> optimistic</c><00:04:14.150><c> 50</c><00:04:14.570><c> people</c>

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roxanna here more optimistic 50 people
 

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roxanna here more optimistic 50 people
and<00:04:15.380><c> I</c><00:04:15.560><c> was</c><00:04:15.680><c> secretly</c><00:04:18.790><c> 24</c><00:04:19.790><c> hours</c><00:04:20.090><c> later</c><00:04:20.359><c> we</c>

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and I was secretly 24 hours later we
 

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and I was secretly 24 hours later we
surpassed<00:04:21.230><c> 200</c><00:04:21.769><c> I</c><00:04:21.980><c> now</c><00:04:22.040><c> switch</c><00:04:22.250><c> was</c><00:04:22.669><c> like</c><00:04:22.820><c> whoa</c>

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surpassed 200 I now switch was like whoa
 

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surpassed 200 I now switch was like whoa
and<00:04:24.389><c> then</c><00:04:25.139><c> in</c><00:04:25.560><c> less</c><00:04:25.830><c> than</c><00:04:25.980><c> a</c><00:04:26.130><c> month</c><00:04:26.370><c> we</c>

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and then in less than a month we
 

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and then in less than a month we
surpassed<00:04:27.060><c> 2,000</c><00:04:27.660><c> people</c><00:04:27.870><c> so</c><00:04:28.770><c> it</c><00:04:29.669><c> became</c>

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surpassed 2,000 people so it became
 

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surpassed 2,000 people so it became
clear<00:04:30.360><c> that</c><00:04:30.750><c> we</c><00:04:30.870><c> weren't</c><00:04:31.169><c> crazy</c><00:04:31.380><c> or</c><00:04:31.830><c> that</c><00:04:32.340><c> we</c>

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clear that we weren't crazy or that we
 

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clear that we weren't crazy or that we
weren't<00:04:32.760><c> the</c><00:04:32.850><c> only</c><00:04:32.880><c> ones</c><00:04:33.410><c> so</c><00:04:34.410><c> Disney</c><00:04:35.160><c> these</c>

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weren't the only ones so Disney these
 

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weren't the only ones so Disney these
numbers<00:04:35.850><c> might</c><00:04:36.060><c> not</c><00:04:36.330><c> seem</c><00:04:36.690><c> much</c><00:04:36.870><c> at</c><00:04:37.080><c> first</c><00:04:37.320><c> but</c>

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numbers might not seem much at first but
 

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numbers might not seem much at first but
it's<00:04:38.040><c> worth</c><00:04:38.250><c> mentioning</c><00:04:38.280><c> that</c><00:04:38.850><c> every</c><00:04:39.750><c> single</c>

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it's worth mentioning that every single
 

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it's worth mentioning that every single
person<00:04:40.680><c> that</c><00:04:40.710><c> sign</c><00:04:41.130><c> up</c><00:04:41.340><c> for</c><00:04:41.550><c> the</c><00:04:41.669><c> Alpha</c>

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person that sign up for the Alpha
 

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person that sign up for the Alpha
reached<00:04:42.870><c> organically</c><00:04:43.770><c> our</c><00:04:43.860><c> website</c><00:04:44.400><c> so</c><00:04:44.730><c> we</c>

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reached organically our website so we
 

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reached organically our website so we
just<00:04:45.389><c> published</c><00:04:45.840><c> blog</c><00:04:46.110><c> post</c><00:04:46.410><c> linked</c><00:04:47.400><c> them</c><00:04:47.520><c> on</c>

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just published blog post linked them on
 

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just published blog post linked them on
reddit<00:04:48.090><c> or</c><00:04:48.360><c> tweeted</c><00:04:49.050><c> them</c><00:04:49.230><c> so</c><00:04:49.530><c> what</c><00:04:50.220><c> we</c><00:04:50.370><c> wanted</c>

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reddit or tweeted them so what we wanted
 

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reddit or tweeted them so what we wanted
was<00:04:51.000><c> to</c><00:04:51.180><c> measure</c><00:04:51.389><c> the</c><00:04:51.540><c> real</c><00:04:51.990><c> interest</c><00:04:52.440><c> in</c><00:04:52.620><c> the</c>

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was to measure the real interest in the
 

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was to measure the real interest in the
application<00:04:53.340><c> and</c><00:04:54.330><c> we</c><00:04:54.480><c> felt</c><00:04:54.750><c> that</c><00:04:54.810><c> paid</c>

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application and we felt that paid
 

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application and we felt that paid
advertising<00:04:55.770><c> would</c><00:04:56.100><c> taint</c><00:04:56.340><c> those</c><00:04:56.580><c> results</c><00:04:57.120><c> we</c>

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advertising would taint those results we
 

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advertising would taint those results we
would<00:04:57.660><c> end</c><00:04:57.810><c> up</c><00:04:57.960><c> measuring</c><00:04:58.260><c> the</c><00:04:58.620><c> efficiency</c><00:04:59.040><c> of</c>

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would end up measuring the efficiency of
 

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would end up measuring the efficiency of
targeted<00:04:59.760><c> ads</c><00:04:59.940><c> rather</c><00:05:00.570><c> than</c><00:05:00.870><c> the</c><00:05:01.110><c> real</c>

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targeted ads rather than the real
 

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targeted ads rather than the real
interest<00:05:02.010><c> in</c><00:05:02.280><c> in</c><00:05:02.790><c> the</c><00:05:02.940><c> application</c><00:05:03.419><c> and</c><00:05:03.510><c> idea</c>

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interest in in the application and idea
 

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interest in in the application and idea
so<00:05:04.590><c> fast</c><00:05:04.950><c> forwarding</c><00:05:05.520><c> until</c><00:05:05.940><c> early</c><00:05:06.240><c> 2017</c><00:05:07.050><c> one</c>

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so fast forwarding until early 2017 one
 

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so fast forwarding until early 2017 one
year<00:05:08.160><c> after</c><00:05:08.610><c> it</c><00:05:08.760><c> helium</c><00:05:09.180><c> we</c><00:05:09.810><c> launched</c><00:05:10.050><c> the</c>

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year after it helium we launched the
 

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year after it helium we launched the
first<00:05:10.560><c> public</c><00:05:10.979><c> version</c><00:05:11.160><c> of</c><00:05:11.430><c> the</c><00:05:11.610><c> Alpha</c><00:05:12.020><c> and</c><00:05:13.020><c> it</c>

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first public version of the Alpha and it
 

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first public version of the Alpha and it
was<00:05:13.320><c> called</c><00:05:13.620><c> into</c><00:05:13.860><c> the</c><00:05:14.040><c> ether</c><00:05:14.250><c> it</c><00:05:14.880><c> was</c>

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was called into the ether it was
 

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was called into the ether it was
received<00:05:15.540><c> very</c><00:05:15.690><c> well</c><00:05:15.930><c> by</c><00:05:16.080><c> the</c><00:05:16.260><c> community</c><00:05:16.830><c> and</c>

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received very well by the community and
 

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received very well by the community and
I<00:05:18.150><c> suppose</c><00:05:18.780><c> you</c><00:05:19.320><c> guys</c><00:05:19.530><c> also</c><00:05:19.800><c> tried</c><00:05:20.220><c> it</c><00:05:20.400><c> hope</c>

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I suppose you guys also tried it hope
 

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I suppose you guys also tried it hope
you<00:05:21.600><c> had</c><00:05:21.840><c> a</c><00:05:21.870><c> pleasant</c><00:05:21.960><c> experience</c><00:05:22.440><c> when</c><00:05:23.040><c> when</c>

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you had a pleasant experience when when
 

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you had a pleasant experience when when
you<00:05:23.520><c> when</c><00:05:24.210><c> you</c><00:05:24.300><c> tried</c><00:05:24.570><c> it</c><00:05:24.750><c> and</c><00:05:25.139><c> basically</c><00:05:25.530><c> in</c>

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you when you tried it and basically in
 

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you when you tried it and basically in
the<00:05:25.950><c> Alpha</c><00:05:26.220><c> we</c><00:05:26.570><c> tried</c><00:05:27.570><c> to</c><00:05:27.750><c> have</c><00:05:28.050><c> a</c><00:05:28.110><c> basic</c>

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the Alpha we tried to have a basic
 

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the Alpha we tried to have a basic
functionality<00:05:29.340><c> you</c><00:05:29.460><c> find</c><00:05:29.729><c> in</c><00:05:29.910><c> a</c><00:05:30.000><c> social</c>

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functionality you find in a social
 

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functionality you find in a social
network<00:05:30.479><c> which</c><00:05:31.440><c> was</c><00:05:31.650><c> to</c><00:05:31.800><c> publish</c><00:05:32.250><c> something</c>

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network which was to publish something
 

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network which was to publish something
to<00:05:33.000><c> comment</c><00:05:33.419><c> on</c><00:05:33.570><c> something</c><00:05:33.840><c> to</c><00:05:34.140><c> read</c>

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to comment on something to read
 

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to comment on something to read
something<00:05:34.890><c> to</c><00:05:35.070><c> vote</c><00:05:35.310><c> and</c><00:05:35.610><c> to</c><00:05:35.940><c> follow</c><00:05:36.150><c> people</c>

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something to vote and to follow people
 

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something to vote and to follow people
combined<00:05:37.830><c> also</c><00:05:38.039><c> with</c><00:05:38.370><c> things</c><00:05:38.640><c> like</c><00:05:38.820><c> since</c><00:05:39.120><c> we</c>

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combined also with things like since we
 

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combined also with things like since we
are<00:05:39.390><c> using</c><00:05:39.479><c> aetherium</c><00:05:40.140><c> one</c><00:05:40.289><c> of</c><00:05:40.410><c> the</c><00:05:40.560><c> side</c>

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are using aetherium one of the side
 

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are using aetherium one of the side
effects<00:05:41.160><c> is</c><00:05:41.460><c> that</c><00:05:41.520><c> each</c><00:05:42.060><c> identity</c><00:05:42.630><c> is</c><00:05:42.810><c> also</c><00:05:43.140><c> a</c>

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effects is that each identity is also a
 

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effects is that each identity is also a
wallet<00:05:43.680><c> so</c><00:05:44.160><c> people</c><00:05:44.460><c> can</c><00:05:44.610><c> also</c><00:05:44.789><c> send</c><00:05:45.210><c> resources</c>

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wallet so people can also send resources
 

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wallet so people can also send resources
to<00:05:46.140><c> each</c><00:05:46.289><c> other</c><00:05:46.560><c> and</c><00:05:46.919><c> so</c><00:05:47.520><c> forth</c>

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to each other and so forth
 

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to each other and so forth
and<00:05:48.060><c> after</c><00:05:49.050><c> the</c><00:05:49.200><c> release</c><00:05:49.470><c> one</c><00:05:49.860><c> of</c><00:05:50.160><c> this</c><00:05:50.820><c> is</c>

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and after the release one of this is
 

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and after the release one of this is
actually<00:05:51.300><c> a</c><00:05:51.330><c> screen</c><00:05:52.260><c> from</c><00:05:53.130><c> the</c><00:05:53.280><c> Akasha</c>

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actually a screen from the Akasha
 

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actually a screen from the Akasha
application<00:05:54.360><c> a</c><00:05:54.510><c> comment</c><00:05:54.990><c> and</c><00:05:55.169><c> on</c><00:05:56.039><c> the</c><00:05:56.250><c> first</c>

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application a comment and on the first
 

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application a comment and on the first
row<00:05:56.700><c> you</c><00:05:56.729><c> can</c><00:05:57.030><c> see</c><00:05:57.270><c> that</c><00:05:57.479><c> someone</c><00:05:58.139><c> it</c><00:05:58.500><c> was</c><00:05:58.620><c> like</c>

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row you can see that someone it was like
 

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row you can see that someone it was like
excited<00:05:59.970><c> that</c><00:06:00.210><c> there's</c><00:06:00.780><c> a</c><00:06:00.870><c> tab</c><00:06:01.169><c> that</c><00:06:01.200><c> normal</c>

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excited that there's a tab that normal
 

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excited that there's a tab that normal
people<00:06:02.250><c> can</c><00:06:02.460><c> use</c><00:06:02.700><c> and</c><00:06:02.940><c> for</c><00:06:03.810><c> us</c><00:06:03.960><c> I</c><00:06:04.260><c> was</c><00:06:04.710><c> like</c>

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people can use and for us I was like
 

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people can use and for us I was like
exactly<00:06:05.729><c> what</c><00:06:05.850><c> we</c><00:06:06.090><c> were</c><00:06:06.240><c> aiming</c><00:06:06.419><c> for</c><00:06:06.840><c> but</c><00:06:07.590><c> I</c>

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exactly what we were aiming for but I
 

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exactly what we were aiming for but I
think<00:06:08.280><c> the</c><00:06:08.430><c> big</c><00:06:08.639><c> point</c><00:06:08.970><c> here</c><00:06:09.090><c> was</c><00:06:09.539><c> that</c><00:06:09.570><c> with</c>

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think the big point here was that with
 

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think the big point here was that with
all<00:06:10.229><c> these</c><00:06:10.410><c> people</c><00:06:10.830><c> you</c><00:06:11.100><c> and</c><00:06:11.370><c> the</c><00:06:12.000><c> others</c><00:06:12.270><c> that</c>

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all these people you and the others that
 

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all these people you and the others that
might<00:06:12.660><c> be</c><00:06:12.840><c> watching</c><00:06:13.020><c> this</c><00:06:13.440><c> this</c><00:06:13.950><c> conference</c>

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might be watching this this conference
 

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might be watching this this conference
we<00:06:15.300><c> proved</c><00:06:15.690><c> that</c><00:06:16.020><c> it</c><00:06:16.169><c> is</c><00:06:16.530><c> possible</c><00:06:16.710><c> it</c><00:06:17.400><c> is</c>

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we proved that it is possible it is
 

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we proved that it is possible it is
possible<00:06:17.850><c> to</c><00:06:18.419><c> have</c><00:06:18.630><c> an</c><00:06:18.780><c> application</c><00:06:18.930><c> that</c>

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possible to have an application that
 

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possible to have an application that
does<00:06:19.530><c> not</c><00:06:19.860><c> rely</c><00:06:20.190><c> on</c><00:06:20.220><c> servers</c><00:06:20.789><c> for</c><00:06:21.389><c> people</c><00:06:21.720><c> to</c>

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does not rely on servers for people to
 

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does not rely on servers for people to
communicate<00:06:22.200><c> among</c><00:06:23.130><c> themselves</c><00:06:23.190><c> and</c><00:06:23.840><c> thanks</c>

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communicate among themselves and thanks
 

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communicate among themselves and thanks
to<00:06:24.960><c> your</c><00:06:25.139><c> playfulness</c><00:06:25.680><c> in</c><00:06:26.070><c> your</c><00:06:26.190><c> time</c><00:06:26.460><c> put</c>

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to your playfulness in your time put
 

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to your playfulness in your time put
into<00:06:26.880><c> testing</c><00:06:27.419><c> the</c><00:06:27.510><c> application</c><00:06:28.050><c> we</c>

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into testing the application we
 

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into testing the application we
identified<00:06:28.710><c> some</c><00:06:28.950><c> bugs</c><00:06:29.280><c> and</c><00:06:29.610><c> we</c><00:06:30.030><c> also</c>

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identified some bugs and we also
 

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identified some bugs and we also
identified<00:06:31.080><c> what</c><00:06:31.320><c> can</c><00:06:31.530><c> be</c><00:06:31.650><c> done</c><00:06:31.860><c> better</c><00:06:32.070><c> and</c>

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identified what can be done better and
 

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identified what can be done better and
Mario's<00:06:33.900><c> now</c><00:06:34.080><c> is</c><00:06:34.320><c> going</c><00:06:34.500><c> to</c><00:06:34.669><c> explain</c><00:06:35.669><c> one</c><00:06:35.909><c> of</c>

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Mario's now is going to explain one of
 

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Mario's now is going to explain one of
the<00:06:36.150><c> lessons</c><00:06:36.330><c> we</c><00:06:36.510><c> learn</c><00:06:36.780><c> in</c>

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the lessons we learn in
 

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the lessons we learn in
alpha<00:06:37.780><c> and</c><00:06:38.110><c> that</c><00:06:38.410><c> be</c><00:06:38.590><c> applied</c><00:06:38.889><c> in</c><00:06:39.039><c> the</c><00:06:39.130><c> beta</c>

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alpha and that be applied in the beta
 

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alpha and that be applied in the beta
Marius

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Marius
 

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Marius
thank<00:06:40.840><c> you</c><00:06:41.370><c> yeah</c><00:06:42.720><c> so</c><00:06:43.720><c> what</c><00:06:44.020><c> is</c><00:06:44.169><c> this</c><00:06:44.289><c> yeah</c><00:06:44.800><c> I</c>

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thank you yeah so what is this yeah I
 

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thank you yeah so what is this yeah I
think<00:06:45.729><c> all</c><00:06:46.150><c> the</c><00:06:47.110><c> Alpha</c><00:06:47.440><c> users</c><00:06:47.919><c> got</c><00:06:48.250><c> stuck</c><00:06:48.550><c> at</c><00:06:48.759><c> a</c>

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think all the Alpha users got stuck at a
 

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think all the Alpha users got stuck at a
given<00:06:49.449><c> time</c><00:06:49.660><c> in</c><00:06:49.990><c> this</c><00:06:50.280><c> loading</c><00:06:51.419><c> loading</c>

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given time in this loading loading
 

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given time in this loading loading
screen<00:06:55.380><c> this</c><00:06:56.380><c> was</c><00:06:56.590><c> happening</c><00:06:57.039><c> because</c><00:06:57.220><c> of</c><00:06:57.490><c> the</c>

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screen this was happening because of the
 

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screen this was happening because of the
way<00:06:57.970><c> we</c><00:06:58.479><c> used</c><00:06:58.810><c> to</c><00:06:59.050><c> load</c><00:06:59.199><c> the</c><00:06:59.440><c> resources</c><00:07:00.130><c> we</c>

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way we used to load the resources we
 

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way we used to load the resources we
were<00:07:01.270><c> trying</c><00:07:01.599><c> to</c><00:07:01.780><c> get</c><00:07:01.960><c> all</c><00:07:02.319><c> of</c><00:07:02.560><c> them</c><00:07:02.740><c> at</c><00:07:02.919><c> once</c>

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were trying to get all of them at once
 

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were trying to get all of them at once
so<00:07:05.650><c> if</c><00:07:06.630><c> given</c><00:07:07.630><c> time</c><00:07:07.860><c> one</c><00:07:08.860><c> of</c><00:07:08.889><c> the</c><00:07:09.130><c> resources</c>

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so if given time one of the resources
 

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so if given time one of the resources
would<00:07:10.240><c> would</c><00:07:10.810><c> be</c><00:07:10.840><c> unavailable</c><00:07:11.440><c> the</c><00:07:12.449><c> other</c>

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would would be unavailable the other
 

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would would be unavailable the other
resources<00:07:14.050><c> would</c><00:07:14.470><c> have</c><00:07:14.740><c> to</c><00:07:14.919><c> wait</c><00:07:15.099><c> for</c><00:07:15.550><c> that</c>

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resources would have to wait for that
 

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resources would have to wait for that
one<00:07:15.909><c> to</c><00:07:16.030><c> become</c><00:07:16.300><c> online</c><00:07:16.599><c> before</c><00:07:17.340><c> fetching</c>

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one to become online before fetching
 

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one to become online before fetching
them<00:07:18.490><c> to</c><00:07:19.210><c> the</c><00:07:19.330><c> user</c>

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them to the user
 

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them to the user
so<00:07:21.539><c> in</c><00:07:22.539><c> the</c><00:07:22.780><c> beta</c><00:07:23.020><c> version</c><00:07:23.280><c> this</c><00:07:24.280><c> was</c><00:07:24.610><c> one</c><00:07:24.970><c> of</c>

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so in the beta version this was one of
 

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so in the beta version this was one of
the<00:07:25.210><c> biggest</c><00:07:25.419><c> challenge</c><00:07:25.870><c> we</c><00:07:26.500><c> we</c><00:07:27.250><c> had</c><00:07:27.460><c> to</c><00:07:27.699><c> solve</c>

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the biggest challenge we we had to solve
 

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the biggest challenge we we had to solve
we've<00:07:30.610><c> done</c><00:07:30.970><c> this</c><00:07:31.120><c> by</c><00:07:31.360><c> loading</c><00:07:31.810><c> every</c><00:07:32.680><c> single</c>

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we've done this by loading every single
 

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we've done this by loading every single
resource<00:07:33.400><c> individually</c><00:07:34.270><c> as</c><00:07:34.509><c> you</c><00:07:34.930><c> can</c><00:07:35.080><c> see</c><00:07:35.289><c> in</c>

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resource individually as you can see in
 

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resource individually as you can see in
this<00:07:35.620><c> demo</c><00:07:36.159><c> yeah</c><00:07:36.759><c> so</c><00:07:37.569><c> it</c><00:07:37.960><c> comes</c><00:07:38.199><c> with</c><00:07:38.349><c> a</c><00:07:38.470><c> great</c>

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this demo yeah so it comes with a great
 

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this demo yeah so it comes with a great
improvement<00:07:39.490><c> on</c><00:07:39.909><c> the</c><00:07:40.419><c> UX</c><00:07:41.310><c> side</c><00:07:43.380><c> so</c><00:07:44.380><c> enough</c>

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improvement on the UX side so enough
 

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improvement on the UX side so enough
with<00:07:45.340><c> this</c><00:07:45.750><c> so</c><00:07:46.750><c> another</c><00:07:46.990><c> highlight</c><00:07:47.440><c> of</c><00:07:47.469><c> the</c><00:07:47.740><c> of</c>

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with this so another highlight of the of
 

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with this so another highlight of the of
the<00:07:48.250><c> beta</c><00:07:48.460><c> is</c><00:07:48.820><c> the</c><00:07:49.120><c> first</c><00:07:49.539><c> token</c><00:07:49.750><c> experiment</c>

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the beta is the first token experiment
 

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the beta is the first token experiment
in<00:07:50.620><c> the</c><00:07:50.740><c> alpha</c><00:07:51.039><c> we</c><00:07:51.159><c> had</c><00:07:51.370><c> a</c><00:07:51.580><c> ETH</c><00:07:52.120><c> which</c><00:07:52.449><c> served</c>

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in the alpha we had a ETH which served
 

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in the alpha we had a ETH which served
as<00:07:53.080><c> a</c><00:07:53.139><c> placeholder</c><00:07:53.500><c> token</c><00:07:54.219><c> and</c><00:07:54.400><c> I</c><00:07:55.210><c> just</c><00:07:55.419><c> want</c>

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as a placeholder token and I just want
 

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as a placeholder token and I just want
to<00:07:55.780><c> make</c><00:07:56.320><c> something</c><00:07:56.680><c> clear</c><00:07:56.830><c> this</c><00:07:57.729><c> is</c><00:07:58.030><c> there</c><00:07:58.630><c> is</c>

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to make something clear this is there is
 

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to make something clear this is there is
just<00:07:58.990><c> one</c><00:07:59.199><c> token</c><00:07:59.590><c> which</c><00:07:59.860><c> is</c><00:08:00.070><c> this</c><00:08:00.340><c> currently</c>

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just one token which is this currently
 

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just one token which is this currently
in<00:08:01.000><c> nicknamed</c><00:08:01.960><c> n-eth</c><00:08:02.380><c> we</c><00:08:02.830><c> are</c><00:08:02.919><c> open</c><00:08:03.190><c> to</c>

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in nicknamed n-eth we are open to
 

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in nicknamed n-eth we are open to
suggestions

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suggestions
 

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suggestions
regarding<00:08:04.930><c> the</c><00:08:05.050><c> name</c><00:08:05.229><c> we</c><00:08:05.650><c> want</c><00:08:05.860><c> to</c><00:08:06.009><c> avoid</c>

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regarding the name we want to avoid
 

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regarding the name we want to avoid
confusion<00:08:06.940><c> with</c><00:08:07.060><c> other</c><00:08:07.240><c> projects</c><00:08:07.840><c> like</c><00:08:07.990><c> idiom</c>

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confusion with other projects like idiom
 

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confusion with other projects like idiom
if<00:08:08.979><c> any</c><00:08:12.750><c> and</c><00:08:13.800><c> this</c><00:08:14.800><c> is</c><00:08:15.009><c> just</c><00:08:15.219><c> an</c><00:08:15.370><c> experiment</c><00:08:15.669><c> to</c>

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if any and this is just an experiment to
 

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if any and this is just an experiment to
get<00:08:16.210><c> the</c><00:08:16.270><c> power</c><00:08:16.539><c> running</c><00:08:16.810><c> right</c><00:08:17.199><c> so</c><00:08:17.500><c> we</c><00:08:17.710><c> fully</c>

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get the power running right so we fully
 

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get the power running right so we fully
assume<00:08:19.060><c> that</c><00:08:19.270><c> we</c><00:08:19.690><c> are</c><00:08:20.159><c> we</c><00:08:21.159><c> don't</c><00:08:21.370><c> have</c><00:08:21.520><c> all</c><00:08:21.699><c> the</c>

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assume that we are we don't have all the
 

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assume that we are we don't have all the
answers<00:08:21.880><c> but</c><00:08:22.750><c> we</c><00:08:23.020><c> invite</c><00:08:23.319><c> everyone</c><00:08:23.830><c> to</c>

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answers but we invite everyone to
 

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answers but we invite everyone to
collaborate<00:08:25.449><c> on</c><00:08:25.479><c> finding</c><00:08:25.960><c> them</c><00:08:26.110><c> so</c><00:08:26.500><c> to</c><00:08:26.590><c> give</c>

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collaborate on finding them so to give
 

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collaborate on finding them so to give
you<00:08:26.830><c> an</c><00:08:27.130><c> overview</c><00:08:27.580><c> of</c><00:08:27.789><c> how</c><00:08:27.880><c> these</c><00:08:28.210><c> token</c><00:08:28.630><c> works</c>

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you an overview of how these token works
 

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you an overview of how these token works
on<00:08:30.099><c> the</c><00:08:30.460><c> surface</c><00:08:30.880><c> a</c><00:08:31.030><c> ETH</c><00:08:31.539><c> is</c><00:08:31.810><c> in</c><00:08:32.200><c> an</c><00:08:32.560><c> ear</c><00:08:32.890><c> C</c><00:08:33.159><c> 20</c>

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on the surface a ETH is in an ear C 20
 

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on the surface a ETH is in an ear C 20
compatible<00:08:34.000><c> token</c><00:08:34.419><c> it</c><00:08:34.930><c> works</c><00:08:35.260><c> pretty</c><00:08:35.469><c> much</c><00:08:35.620><c> as</c>

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compatible token it works pretty much as
 

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compatible token it works pretty much as
you<00:08:36.099><c> would</c><00:08:36.219><c> expect</c><00:08:36.370><c> from</c><00:08:36.760><c> an</c><00:08:36.909><c> ear</c><00:08:37.029><c> seatback</c>

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you would expect from an ear seatback
 

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you would expect from an ear seatback
token<00:08:38.169><c> you</c><00:08:38.320><c> can</c><00:08:38.469><c> send</c><00:08:38.770><c> and</c><00:08:38.979><c> receive</c><00:08:39.010><c> but</c><00:08:39.849><c> there</c>

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token you can send and receive but there
 

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token you can send and receive but there
is<00:08:40.089><c> a</c><00:08:40.120><c> twist</c><00:08:40.479><c> you</c><00:08:41.260><c> can</c><00:08:41.440><c> lock</c><00:08:41.680><c> it</c><00:08:41.860><c> for</c><00:08:42.039><c> a</c>

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is a twist you can lock it for a
 

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is a twist you can lock it for a
predefined<00:08:42.640><c> amount</c><00:08:43.270><c> of</c><00:08:43.419><c> time</c><00:08:43.599><c> and</c><00:08:43.810><c> this</c><00:08:44.200><c> will</c>

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predefined amount of time and this will
 

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predefined amount of time and this will
give<00:08:44.770><c> you</c><00:08:44.890><c> some</c><00:08:45.220><c> something</c><00:08:46.060><c> we</c><00:08:46.240><c> call</c><00:08:46.420><c> mana</c>

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give you some something we call mana
 

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give you some something we call mana
which<00:08:47.290><c> acts</c><00:08:47.560><c> like</c><00:08:47.650><c> a</c><00:08:48.220><c> regional</c><00:08:49.150><c> creep</c>

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which acts like a regional creep
 

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which acts like a regional creep
that<00:08:50.110><c> can</c><00:08:50.350><c> be</c><00:08:50.500><c> burned</c><00:08:50.740><c> inside</c><00:08:51.100><c> the</c>

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that can be burned inside the
 

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that can be burned inside the
application<00:08:51.820><c> Maurice</c><00:08:52.510><c> will</c><00:08:52.690><c> cover</c><00:08:52.930><c> this</c><00:08:53.200><c> in</c>

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application Maurice will cover this in
 

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application Maurice will cover this in
more<00:08:53.470><c> detail</c><00:08:53.860><c> afterwards</c><00:08:54.430><c> and</c><00:08:54.790><c> essence</c><00:08:55.660><c> is</c>

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more detail afterwards and essence is
 

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more detail afterwards and essence is
basically<00:08:57.670><c> mana</c><00:08:58.390><c> that</c><00:08:58.660><c> is</c><00:08:58.810><c> burned</c><00:08:59.170><c> and</c><00:08:59.500><c> if</c><00:09:00.510><c> the</c>

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basically mana that is burned and if the
 

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basically mana that is burned and if the
quality<00:09:02.020><c> of</c><00:09:02.050><c> the</c><00:09:02.140><c> content</c><00:09:02.620><c> is</c><00:09:02.680><c> deemed</c><00:09:02.980><c> as</c><00:09:03.130><c> good</c>

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quality of the content is deemed as good
 

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quality of the content is deemed as good
the<00:09:04.030><c> authors</c><00:09:04.480><c> and</c><00:09:04.510><c> the</c><00:09:04.870><c> persons</c><00:09:05.440><c> interacting</c>

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the authors and the persons interacting
 

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the authors and the persons interacting
can<00:09:06.480><c> consume</c><00:09:07.480><c> this</c><00:09:07.690><c> essence</c><00:09:08.260><c> to</c><00:09:08.500><c> mint</c><00:09:08.800><c> new</c>

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can consume this essence to mint new
 

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can consume this essence to mint new
tokens<00:09:09.790><c> in</c><00:09:09.910><c> existence</c><00:09:10.510><c> and</c><00:09:10.840><c> not</c><00:09:11.410><c> Leslie</c><00:09:11.740><c> karma</c>

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tokens in existence and not Leslie karma
 

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tokens in existence and not Leslie karma
is<00:09:12.730><c> our</c><00:09:12.940><c> experiment</c><00:09:13.630><c> on</c><00:09:13.810><c> the</c><00:09:13.960><c> proto</c>

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is our experiment on the proto
 

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is our experiment on the proto
reputation<00:09:14.860><c> layer</c><00:09:15.040><c> and</c><00:09:17.550><c> Mario's</c><00:09:18.550><c> now</c><00:09:18.730><c> we'll</c>

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reputation layer and Mario's now we'll
 

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reputation layer and Mario's now we'll
give<00:09:19.420><c> you</c><00:09:19.570><c> a</c><00:09:20.260><c> presentation</c><00:09:21.100><c> of</c><00:09:21.370><c> the</c><00:09:21.430><c> token</c>

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give you a presentation of the token
 

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give you a presentation of the token
flow<00:09:22.300><c> of</c><00:09:22.630><c> the</c><00:09:22.900><c> states</c><00:09:23.230><c> and</c><00:09:23.560><c> how</c><00:09:23.770><c> everything</c>

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flow of the states and how everything
 

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flow of the states and how everything
ties<00:09:24.460><c> in</c><00:09:24.670><c> together</c><00:09:29.130><c> so</c><00:09:30.130><c> so</c><00:09:30.610><c> starting</c><00:09:31.030><c> from</c><00:09:31.180><c> the</c>

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ties in together so so starting from the
 

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ties in together so so starting from the
better<00:09:31.570><c> version</c><00:09:31.840><c> every</c><00:09:32.830><c> user</c><00:09:33.070><c> we</c><00:09:33.520><c> have</c><00:09:33.850><c> to</c>

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better version every user we have to
 

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better version every user we have to
burn<00:09:34.420><c> a</c><00:09:34.750><c> small</c><00:09:35.080><c> amount</c><00:09:35.410><c> of</c><00:09:35.550><c> mana</c><00:09:36.690><c> to</c><00:09:37.690><c> interact</c>

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burn a small amount of mana to interact
 

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burn a small amount of mana to interact
with<00:09:38.140><c> the</c><00:09:38.290><c> application</c><00:09:38.860><c> so</c><00:09:39.510><c> how</c><00:09:40.510><c> do</c><00:09:40.570><c> we</c><00:09:40.750><c> how</c><00:09:41.020><c> do</c>

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with the application so how do we how do
 

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with the application so how do we how do
we<00:09:41.260><c> get</c><00:09:41.470><c> mana</c><00:09:42.690><c> the</c><00:09:43.690><c> user</c><00:09:43.900><c> can</c><00:09:44.190><c> get</c><00:09:45.190><c> some</c><00:09:45.430><c> mana</c>

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we get mana the user can get some mana
 

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we get mana the user can get some mana
by<00:09:45.820><c> locking</c><00:09:46.450><c> his</c><00:09:47.020><c> Akasha</c><00:09:47.680><c> tokens</c><00:09:48.130><c> for</c><00:09:48.280><c> a</c>

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by locking his Akasha tokens for a
 

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by locking his Akasha tokens for a
period<00:09:48.670><c> of</c><00:09:48.850><c> time</c><00:09:49.150><c> during</c><00:09:49.780><c> which</c><00:09:50.260><c> he</c><00:09:50.800><c> gets</c>

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period of time during which he gets
 

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period of time during which he gets
periodically<00:09:52.210><c> the</c><00:09:52.960><c> mana</c><00:09:53.200><c> replenished</c><00:09:56.040><c> the</c>

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periodically the mana replenished the
 

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periodically the mana replenished the
man<00:09:57.220><c> I</c><00:09:57.250><c> used</c><00:09:57.370><c> for</c><00:09:59.130><c> the</c><00:10:00.130><c> mana</c><00:10:00.490><c> burned</c><00:10:00.910><c> for</c><00:10:01.810><c> doing</c>

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man I used for the mana burned for doing
 

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man I used for the mana burned for doing
actions<00:10:03.190><c> in</c><00:10:03.400><c> a</c><00:10:03.520><c> cursor</c><00:10:04.110><c> can</c><00:10:05.110><c> be</c><00:10:05.320><c> collected</c>

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actions in a cursor can be collected
 

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actions in a cursor can be collected
afterwards<00:10:09.480><c> into</c><00:10:10.480><c> two</c><00:10:10.870><c> specific</c><00:10:11.500><c> resources</c>

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afterwards into two specific resources
 

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afterwards into two specific resources
called<00:10:12.640><c> instance</c><00:10:13.300><c> and</c><00:10:13.510><c> karma</c><00:10:13.900><c> karma</c><00:10:14.350><c> will</c>

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called instance and karma karma will
 

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called instance and karma karma will
serve<00:10:15.100><c> in</c><00:10:15.370><c> Akasha</c><00:10:15.640><c> like</c><00:10:15.880><c> some</c><00:10:16.150><c> sort</c><00:10:16.420><c> of</c><00:10:16.570><c> proto</c>

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serve in Akasha like some sort of proto
 

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serve in Akasha like some sort of proto
reputation<00:10:17.560><c> which</c><00:10:18.070><c> will</c><00:10:18.280><c> unlock</c><00:10:18.430><c> specific</c>

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reputation which will unlock specific
 

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reputation which will unlock specific
features<00:10:19.900><c> like</c><00:10:20.160><c> creating</c><00:10:21.160><c> communities</c><00:10:21.790><c> and</c>

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features like creating communities and
 

00:10:22.210 --> 00:10:24.720 align:start position:0%
features like creating communities and
so<00:10:22.360><c> on</c><00:10:22.510><c> which</c><00:10:23.050><c> will</c><00:10:23.170><c> require</c><00:10:23.410><c> to</c><00:10:24.370><c> be</c><00:10:24.460><c> above</c>

00:10:24.720 --> 00:10:24.730 align:start position:0%
so on which will require to be above
 

00:10:24.730 --> 00:10:27.920 align:start position:0%
so on which will require to be above
level<00:10:25.720><c> of</c><00:10:25.840><c> karma</c><00:10:26.230><c> the</c><00:10:26.710><c> other</c><00:10:26.860><c> one</c><00:10:27.100><c> the</c><00:10:27.250><c> essence</c>

00:10:27.920 --> 00:10:27.930 align:start position:0%
level of karma the other one the essence
 

00:10:27.930 --> 00:10:31.470 align:start position:0%
level of karma the other one the essence
it's<00:10:28.930><c> interesting</c><00:10:29.260><c> because</c><00:10:29.730><c> this</c><00:10:30.730><c> is</c><00:10:31.180><c> the</c>

00:10:31.470 --> 00:10:31.480 align:start position:0%
it's interesting because this is the
 

00:10:31.480 --> 00:10:34.380 align:start position:0%
it's interesting because this is the
first<00:10:31.830><c> idea</c><00:10:32.830><c> which</c><00:10:33.730><c> came</c><00:10:33.940><c> to</c><00:10:34.060><c> us</c><00:10:34.210><c> to</c>

00:10:34.380 --> 00:10:34.390 align:start position:0%
first idea which came to us to
 

00:10:34.390 --> 00:10:37.710 align:start position:0%
first idea which came to us to
incentivize<00:10:35.280><c> the</c><00:10:36.280><c> users</c><00:10:36.610><c> to</c><00:10:36.850><c> create</c><00:10:37.300><c> content</c>

00:10:37.710 --> 00:10:37.720 align:start position:0%
incentivize the users to create content
 

00:10:37.720 --> 00:10:38.490 align:start position:0%
incentivize the users to create content
on<00:10:37.840><c> Akasha</c>

00:10:38.490 --> 00:10:38.500 align:start position:0%
on Akasha
 

00:10:38.500 --> 00:10:41.220 align:start position:0%
on Akasha
because<00:10:39.010><c> it</c><00:10:39.280><c> can</c><00:10:39.460><c> be</c><00:10:39.610><c> consumed</c><00:10:40.090><c> to</c><00:10:40.570><c> mint</c><00:10:40.810><c> new</c>

00:10:41.220 --> 00:10:41.230 align:start position:0%
because it can be consumed to mint new
 

00:10:41.230 --> 00:10:44.670 align:start position:0%
because it can be consumed to mint new
years<00:10:41.860><c> to</c><00:10:41.950><c> 20</c><00:10:42.520><c> Akasha</c><00:10:42.910><c> tokens</c><00:10:43.390><c> and</c><00:10:43.780><c> we</c><00:10:44.440><c> spent</c>

00:10:44.670 --> 00:10:44.680 align:start position:0%
years to 20 Akasha tokens and we spent
 

00:10:44.680 --> 00:10:48.990 align:start position:0%
years to 20 Akasha tokens and we spent
afterwards<00:10:45.540><c> also</c><00:10:46.540><c> at</c><00:10:46.930><c> any</c><00:10:47.080><c> given</c><00:10:47.410><c> time</c>

00:10:48.990 --> 00:10:49.000 align:start position:0%
afterwards also at any given time
 

00:10:49.000 --> 00:10:52.400 align:start position:0%
afterwards also at any given time
the<00:10:49.540><c> user</c><00:10:49.780><c> can</c><00:10:49.990><c> unlocked</c><00:10:50.530><c> the</c><00:10:50.850><c> magnified</c>

00:10:52.400 --> 00:10:52.410 align:start position:0%
the user can unlocked the magnified
 

00:10:52.410 --> 00:10:56.610 align:start position:0%
the user can unlocked the magnified
tokens<00:10:53.410><c> and</c><00:10:54.330><c> afterwards</c><00:10:55.330><c> it</c><00:10:55.450><c> will</c><00:10:55.570><c> go</c><00:10:55.810><c> to</c><00:10:55.870><c> the</c>

00:10:56.610 --> 00:10:56.620 align:start position:0%
tokens and afterwards it will go to the
 

00:10:56.620 --> 00:10:58.980 align:start position:0%
tokens and afterwards it will go to the
Year<00:10:56.890><c> c20</c><00:10:57.430><c> state</c><00:10:57.670><c> by</c><00:10:58.060><c> passing</c><00:10:58.540><c> to</c><00:10:58.690><c> a</c><00:10:58.720><c> delay</c>

00:10:58.980 --> 00:10:58.990 align:start position:0%
Year c20 state by passing to a delay
 

00:10:58.990 --> 00:11:02.220 align:start position:0%
Year c20 state by passing to a delay
time<00:10:59.230><c> which</c><00:10:59.770><c> we</c><00:10:59.950><c> call</c><00:11:00.160><c> it</c><00:11:00.310><c> a</c><00:11:00.340><c> cycle</c><00:11:00.670><c> yeah</c><00:11:01.600><c> so</c>

00:11:02.220 --> 00:11:02.230 align:start position:0%
time which we call it a cycle yeah so
 

00:11:02.230 --> 00:11:03.519 align:start position:0%
time which we call it a cycle yeah so
let's<00:11:02.560><c> see</c>

00:11:03.519 --> 00:11:03.529 align:start position:0%
let's see
 

00:11:03.529 --> 00:11:06.769 align:start position:0%
let's see
and<00:11:04.529><c> basic</c><00:11:05.189><c> flow</c><00:11:05.369><c> so</c><00:11:05.819><c> we</c><00:11:05.850><c> have</c><00:11:06.269><c> the</c><00:11:06.420><c> publisher</c>

00:11:06.769 --> 00:11:06.779 align:start position:0%
and basic flow so we have the publisher
 

00:11:06.779 --> 00:11:10.220 align:start position:0%
and basic flow so we have the publisher
which<00:11:07.439><c> post</c><00:11:07.739><c> an</c><00:11:08.009><c> entry</c><00:11:08.129><c> on</c><00:11:08.610><c> Akasha</c><00:11:09.230><c> the</c>

00:11:10.220 --> 00:11:10.230 align:start position:0%
which post an entry on Akasha the
 

00:11:10.230 --> 00:11:12.639 align:start position:0%
which post an entry on Akasha the
readers<00:11:10.559><c> afterwards</c><00:11:11.249><c> can</c><00:11:11.519><c> express</c><00:11:11.819><c> their</c>

00:11:12.639 --> 00:11:12.649 align:start position:0%
readers afterwards can express their
 

00:11:12.649 --> 00:11:15.889 align:start position:0%
readers afterwards can express their
general<00:11:13.649><c> feeling</c><00:11:13.980><c> about</c><00:11:14.249><c> the</c><00:11:14.639><c> quality</c><00:11:15.209><c> of</c><00:11:15.600><c> the</c>

00:11:15.889 --> 00:11:15.899 align:start position:0%
general feeling about the quality of the
 

00:11:15.899 --> 00:11:20.139 align:start position:0%
general feeling about the quality of the
content<00:11:16.139><c> by</c><00:11:16.589><c> voting</c><00:11:17.399><c> after</c><00:11:18.179><c> a</c><00:11:18.959><c> voting</c><00:11:19.379><c> period</c>

00:11:20.139 --> 00:11:20.149 align:start position:0%
content by voting after a voting period
 

00:11:20.149 --> 00:11:22.759 align:start position:0%
content by voting after a voting period
the<00:11:21.149><c> entry</c><00:11:21.449><c> will</c><00:11:21.720><c> generate</c><00:11:22.139><c> a</c><00:11:22.199><c> small</c><00:11:22.410><c> amount</c>

00:11:22.759 --> 00:11:22.769 align:start position:0%
the entry will generate a small amount
 

00:11:22.769 --> 00:11:25.220 align:start position:0%
the entry will generate a small amount
of<00:11:22.980><c> essence</c><00:11:23.489><c> which</c><00:11:24.239><c> afterwards</c><00:11:24.629><c> can</c><00:11:25.110><c> be</c>

00:11:25.220 --> 00:11:25.230 align:start position:0%
of essence which afterwards can be
 

00:11:25.230 --> 00:11:27.999 align:start position:0%
of essence which afterwards can be
claimed<00:11:25.499><c> by</c><00:11:25.649><c> both</c><00:11:25.769><c> publisher</c><00:11:26.519><c> and</c><00:11:26.759><c> the</c><00:11:26.910><c> reader</c>

00:11:27.999 --> 00:11:28.009 align:start position:0%
claimed by both publisher and the reader
 

00:11:28.009 --> 00:11:36.049 align:start position:0%
claimed by both publisher and the reader
by<00:11:29.420><c> specific</c><00:11:34.339><c> when</c><00:11:35.339><c> we</c><00:11:35.459><c> were</c><00:11:35.610><c> starting</c><00:11:35.850><c> to</c>

00:11:36.049 --> 00:11:36.059 align:start position:0%
by specific when we were starting to
 

00:11:36.059 --> 00:11:38.359 align:start position:0%
by specific when we were starting to
feel<00:11:36.299><c> good</c><00:11:36.600><c> about</c><00:11:36.720><c> ourselves</c><00:11:37.049><c> like</c><00:11:37.679><c> Yemen</c><00:11:38.160><c> I</c>

00:11:38.359 --> 00:11:38.369 align:start position:0%
feel good about ourselves like Yemen I
 

00:11:38.369 --> 00:11:40.239 align:start position:0%
feel good about ourselves like Yemen I
think<00:11:38.579><c> we're</c><00:11:38.699><c> onto</c><00:11:38.850><c> something</c><00:11:38.999><c> here</c>

00:11:40.239 --> 00:11:40.249 align:start position:0%
think we're onto something here
 

00:11:40.249 --> 00:11:44.269 align:start position:0%
think we're onto something here
Vitalik<00:11:41.249><c> did</c><00:11:41.459><c> it</c><00:11:41.579><c> again</c><00:11:42.079><c> so</c><00:11:43.079><c> then</c><00:11:43.290><c> just</c><00:11:43.920><c> a</c><00:11:44.100><c> few</c>

00:11:44.269 --> 00:11:44.279 align:start position:0%
Vitalik did it again so then just a few
 

00:11:44.279 --> 00:11:46.579 align:start position:0%
Vitalik did it again so then just a few
days<00:11:44.519><c> ago</c><00:11:44.790><c> Vitalik</c><00:11:45.239><c> published</c><00:11:45.660><c> this</c><00:11:45.809><c> this</c>

00:11:46.579 --> 00:11:46.589 align:start position:0%
days ago Vitalik published this this
 

00:11:46.589 --> 00:11:50.569 align:start position:0%
days ago Vitalik published this this
entry<00:11:47.040><c> so</c><00:11:47.629><c> he</c><00:11:48.629><c> basically</c><00:11:49.189><c> pointed</c><00:11:50.189><c> out</c><00:11:50.369><c> that</c>

00:11:50.569 --> 00:11:50.579 align:start position:0%
entry so he basically pointed out that
 

00:11:50.579 --> 00:11:55.069 align:start position:0%
entry so he basically pointed out that
there<00:11:50.730><c> are</c><00:11:51.079><c> more</c><00:11:52.079><c> than</c><00:11:52.319><c> just</c><00:11:53.449><c> so</c><00:11:54.449><c> a</c><00:11:54.480><c> good</c><00:11:54.779><c> talk</c>

00:11:55.069 --> 00:11:55.079 align:start position:0%
there are more than just so a good talk
 

00:11:55.079 --> 00:11:58.639 align:start position:0%
there are more than just so a good talk
and<00:11:55.110><c> economic</c><00:11:55.949><c> system</c><00:11:57.290><c> requires</c><00:11:58.290><c> more</c><00:11:58.589><c> than</c>

00:11:58.639 --> 00:11:58.649 align:start position:0%
and economic system requires more than
 

00:11:58.649 --> 00:12:02.479 align:start position:0%
and economic system requires more than
just<00:11:59.040><c> a</c><00:11:59.489><c> way</c><00:11:59.759><c> to</c><00:11:59.819><c> insert</c><00:12:00.540><c> units</c><00:12:01.230><c> of</c><00:12:01.489><c> that</c>

00:12:02.479 --> 00:12:02.489 align:start position:0%
just a way to insert units of that
 

00:12:02.489 --> 00:12:05.590 align:start position:0%
just a way to insert units of that
particular<00:12:03.209><c> currency</c><00:12:03.569><c> into</c><00:12:03.839><c> circulation</c><00:12:04.259><c> and</c>

00:12:05.590 --> 00:12:05.600 align:start position:0%
particular currency into circulation and
 

00:12:05.600 --> 00:12:09.499 align:start position:0%
particular currency into circulation and
you<00:12:06.600><c> know</c><00:12:06.889><c> this</c><00:12:07.889><c> is</c><00:12:08.100><c> quite</c><00:12:08.910><c> interesting</c>

00:12:09.499 --> 00:12:09.509 align:start position:0%
you know this is quite interesting
 

00:12:09.509 --> 00:12:12.470 align:start position:0%
you know this is quite interesting
because<00:12:09.769><c> following</c><00:12:10.769><c> a</c><00:12:11.069><c> couple</c><00:12:11.549><c> of</c><00:12:11.759><c> days</c><00:12:11.999><c> the</c>

00:12:12.470 --> 00:12:12.480 align:start position:0%
because following a couple of days the
 

00:12:12.480 --> 00:12:14.749 align:start position:0%
because following a couple of days the
media<00:12:12.839><c> started</c><00:12:13.259><c> to</c><00:12:13.379><c> digest</c><00:12:13.829><c> this</c><00:12:14.040><c> information</c>

00:12:14.749 --> 00:12:14.759 align:start position:0%
media started to digest this information
 

00:12:14.759 --> 00:12:18.559 align:start position:0%
media started to digest this information
and<00:12:15.019><c> started</c><00:12:16.019><c> calling</c><00:12:16.230><c> the</c><00:12:17.069><c> tokens</c><00:12:17.610><c> invented</c>

00:12:18.559 --> 00:12:18.569 align:start position:0%
and started calling the tokens invented
 

00:12:18.569 --> 00:12:22.579 align:start position:0%
and started calling the tokens invented
until<00:12:18.720><c> this</c><00:12:19.079><c> point</c><00:12:19.350><c> as</c><00:12:20.100><c> tokens</c><00:12:20.699><c> 1.0</c><00:12:21.329><c> and</c><00:12:21.660><c> you</c>

00:12:22.579 --> 00:12:22.589 align:start position:0%
until this point as tokens 1.0 and you
 

00:12:22.589 --> 00:12:23.929 align:start position:0%
until this point as tokens 1.0 and you
know<00:12:22.709><c> if</c><00:12:22.860><c> you</c><00:12:22.980><c> think</c><00:12:23.160><c> about</c><00:12:23.309><c> it</c><00:12:23.639><c> it's</c><00:12:23.790><c> pretty</c>

00:12:23.929 --> 00:12:23.939 align:start position:0%
know if you think about it it's pretty
 

00:12:23.939 --> 00:12:25.639 align:start position:0%
know if you think about it it's pretty
accurate<00:12:24.209><c> since</c><00:12:24.869><c> we</c><00:12:25.079><c> are</c><00:12:25.139><c> still</c><00:12:25.379><c> barely</c>

00:12:25.639 --> 00:12:25.649 align:start position:0%
accurate since we are still barely
 

00:12:25.649 --> 00:12:27.559 align:start position:0%
accurate since we are still barely
scratching<00:12:26.249><c> the</c><00:12:26.279><c> surface</c><00:12:26.549><c> of</c><00:12:26.970><c> what</c><00:12:27.209><c> can</c><00:12:27.419><c> be</c>

00:12:27.559 --> 00:12:27.569 align:start position:0%
scratching the surface of what can be
 

00:12:27.569 --> 00:12:29.509 align:start position:0%
scratching the surface of what can be
done<00:12:27.749><c> and</c><00:12:28.019><c> we're</c><00:12:28.829><c> still</c><00:12:29.129><c> trying</c><00:12:29.429><c> to</c>

00:12:29.509 --> 00:12:29.519 align:start position:0%
done and we're still trying to
 

00:12:29.519 --> 00:12:31.249 align:start position:0%
done and we're still trying to
understand<00:12:30.059><c> the</c><00:12:30.209><c> basic</c><00:12:30.360><c> pieces</c><00:12:30.989><c> of</c><00:12:31.139><c> the</c>

00:12:31.249 --> 00:12:31.259 align:start position:0%
understand the basic pieces of the
 

00:12:31.259 --> 00:12:34.460 align:start position:0%
understand the basic pieces of the
puzzle<00:12:31.709><c> that</c><00:12:31.949><c> make</c><00:12:32.910><c> a</c><00:12:32.939><c> good</c><00:12:33.269><c> token</c><00:12:33.989><c> work</c><00:12:34.199><c> and</c>

00:12:34.460 --> 00:12:34.470 align:start position:0%
puzzle that make a good token work and
 

00:12:34.470 --> 00:12:40.009 align:start position:0%
puzzle that make a good token work and
then<00:12:35.160><c> things</c><00:12:35.939><c> kept</c><00:12:36.329><c> snowballing</c><00:12:36.899><c> and</c><00:12:38.179><c> by</c><00:12:39.179><c> by</c>

00:12:40.009 --> 00:12:40.019 align:start position:0%
then things kept snowballing and by by
 

00:12:40.019 --> 00:12:42.199 align:start position:0%
then things kept snowballing and by by
the<00:12:40.079><c> end</c><00:12:40.319><c> of</c><00:12:40.439><c> the</c><00:12:40.619><c> day</c><00:12:40.769><c> we</c><00:12:40.949><c> had</c><00:12:41.129><c> like</c><00:12:41.369><c> this</c><00:12:41.910><c> sort</c>

00:12:42.199 --> 00:12:42.209 align:start position:0%
the end of the day we had like this sort
 

00:12:42.209 --> 00:12:42.619 align:start position:0%
the end of the day we had like this sort
of<00:12:42.329><c> stuff</c>

00:12:42.619 --> 00:12:42.629 align:start position:0%
of stuff
 

00:12:42.629 --> 00:12:44.210 align:start position:0%
of stuff
is<00:12:42.899><c> like</c><00:12:43.079><c> everything</c><00:12:43.470><c> you</c><00:12:43.739><c> need</c><00:12:43.919><c> to</c><00:12:44.069><c> know</c>

00:12:44.210 --> 00:12:44.220 align:start position:0%
is like everything you need to know
 

00:12:44.220 --> 00:12:51.259 align:start position:0%
is like everything you need to know
about<00:12:44.369><c> cryptocurrencies</c><00:12:47.869><c> so</c><00:12:49.790><c> you</c><00:12:50.790><c> know</c><00:12:50.910><c> 90%</c>

00:12:51.259 --> 00:12:51.269 align:start position:0%
about cryptocurrencies so you know 90%
 

00:12:51.269 --> 00:12:54.139 align:start position:0%
about cryptocurrencies so you know 90%
of<00:12:51.720><c> startups</c><00:12:52.290><c> in</c><00:12:52.439><c> general</c><00:12:52.860><c> fall</c><00:12:53.189><c> so</c><00:12:53.579><c> maybe</c><00:12:53.939><c> it</c>

00:12:54.139 --> 00:12:54.149 align:start position:0%
of startups in general fall so maybe it
 

00:12:54.149 --> 00:12:55.460 align:start position:0%
of startups in general fall so maybe it
would<00:12:54.329><c> have</c><00:12:54.419><c> been</c><00:12:54.600><c> more</c><00:12:54.749><c> accurate</c><00:12:54.809><c> to</c><00:12:55.290><c> say</c>

00:12:55.460 --> 00:12:55.470 align:start position:0%
would have been more accurate to say
 

00:12:55.470 --> 00:12:58.699 align:start position:0%
would have been more accurate to say
that<00:12:55.499><c> with</c><00:12:56.189><c> a</c><00:12:56.220><c> poorly</c><00:12:56.639><c> designed</c><00:12:56.910><c> token</c><00:12:57.589><c> 99%</c><00:12:58.589><c> of</c>

00:12:58.699 --> 00:12:58.709 align:start position:0%
that with a poorly designed token 99% of
 

00:12:58.709 --> 00:13:01.639 align:start position:0%
that with a poorly designed token 99% of
the<00:12:58.829><c> token</c><00:12:59.129><c> startups</c><00:12:59.579><c> will</c><00:12:59.730><c> fall</c><00:12:59.939><c> but</c><00:13:00.649><c> to</c>

00:13:01.639 --> 00:13:01.649 align:start position:0%
the token startups will fall but to
 

00:13:01.649 --> 00:13:04.579 align:start position:0%
the token startups will fall but to
focus<00:13:01.949><c> on</c><00:13:02.249><c> the</c><00:13:02.429><c> positive</c><00:13:02.999><c> the</c><00:13:03.720><c> question</c><00:13:04.470><c> of</c>

00:13:04.579 --> 00:13:04.589 align:start position:0%
focus on the positive the question of
 

00:13:04.589 --> 00:13:07.519 align:start position:0%
focus on the positive the question of
how<00:13:04.919><c> do</c><00:13:04.980><c> we</c><00:13:05.220><c> get</c><00:13:05.429><c> to</c><00:13:05.459><c> talk</c><00:13:05.730><c> in</c><00:13:05.910><c> 2.0</c><00:13:06.480><c> started</c><00:13:07.350><c> to</c>

00:13:07.519 --> 00:13:07.529 align:start position:0%
how do we get to talk in 2.0 started to
 

00:13:07.529 --> 00:13:08.659 align:start position:0%
how do we get to talk in 2.0 started to
take<00:13:08.369><c> shape</c>

00:13:08.659 --> 00:13:08.669 align:start position:0%
take shape
 

00:13:08.669 --> 00:13:12.949 align:start position:0%
take shape
and<00:13:09.290><c> since</c><00:13:10.290><c> Vitalik</c><00:13:10.799><c> thanks</c><00:13:11.490><c> started</c><00:13:12.240><c> this</c><00:13:12.389><c> I</c>

00:13:12.949 --> 00:13:12.959 align:start position:0%
and since Vitalik thanks started this I
 

00:13:12.959 --> 00:13:14.989 align:start position:0%
and since Vitalik thanks started this I
figure<00:13:13.529><c> that</c><00:13:13.679><c> it's</c><00:13:13.889><c> best</c><00:13:14.189><c> to</c><00:13:14.309><c> just</c><00:13:14.699><c> show</c><00:13:14.970><c> a</c>

00:13:14.989 --> 00:13:14.999 align:start position:0%
figure that it's best to just show a
 

00:13:14.999 --> 00:13:16.610 align:start position:0%
figure that it's best to just show a
short<00:13:15.419><c> video</c><00:13:15.660><c> of</c>

00:13:16.610 --> 00:13:16.620 align:start position:0%
short video of
 

00:13:16.620 --> 00:13:19.130 align:start position:0%
short video of
a<00:13:16.730><c> short</c><00:13:17.730><c> segment</c><00:13:17.880><c> of</c><00:13:18.240><c> a</c><00:13:18.330><c> recent</c><00:13:18.630><c> video</c><00:13:18.810><c> done</c>

00:13:19.130 --> 00:13:19.140 align:start position:0%
a short segment of a recent video done
 

00:13:19.140 --> 00:13:21.380 align:start position:0%
a short segment of a recent video done
by<00:13:20.180><c> VTEC</c>

00:13:21.380 --> 00:13:21.390 align:start position:0%
by VTEC
 

00:13:21.390 --> 00:13:23.390 align:start position:0%
by VTEC
so<00:13:21.600><c> without</c><00:13:21.870><c> further</c><00:13:22.050><c> ado</c><00:13:22.500><c> the</c><00:13:22.830><c> nice</c><00:13:23.190><c> thing</c>

00:13:23.390 --> 00:13:23.400 align:start position:0%
so without further ado the nice thing
 

00:13:23.400 --> 00:13:24.830 align:start position:0%
so without further ado the nice thing
about<00:13:23.460><c> cryptocurrency</c><00:13:24.030><c> I</c><00:13:24.270><c> think</c><00:13:24.540><c> is</c><00:13:24.630><c> that</c><00:13:24.660><c> it</c>

00:13:24.830 --> 00:13:24.840 align:start position:0%
about cryptocurrency I think is that it
 

00:13:24.840 --> 00:13:26.720 align:start position:0%
about cryptocurrency I think is that it
just<00:13:24.990><c> makes</c><00:13:25.170><c> it</c><00:13:25.290><c> so</c><00:13:25.590><c> bloody</c><00:13:25.890><c> easy</c><00:13:26.130><c> to</c><00:13:26.400><c> create</c>

00:13:26.720 --> 00:13:26.730 align:start position:0%
just makes it so bloody easy to create
 

00:13:26.730 --> 00:13:28.430 align:start position:0%
just makes it so bloody easy to create
one<00:13:26.910><c> of</c><00:13:26.940><c> these</c><00:13:27.090><c> economic</c><00:13:27.570><c> mechanisms</c><00:13:28.110><c> you</c>

00:13:28.430 --> 00:13:28.440 align:start position:0%
one of these economic mechanisms you
 

00:13:28.440 --> 00:13:30.320 align:start position:0%
one of these economic mechanisms you
just<00:13:28.680><c> write</c><00:13:28.890><c> it</c><00:13:29.010><c> up</c><00:13:29.100><c> in</c><00:13:29.220><c> code</c><00:13:29.490><c> then</c><00:13:30.030><c> it</c><00:13:30.060><c> just</c>

00:13:30.320 --> 00:13:30.330 align:start position:0%
just write it up in code then it just
 

00:13:30.330 --> 00:13:32.300 align:start position:0%
just write it up in code then it just
makes<00:13:30.510><c> it</c><00:13:30.600><c> really</c><00:13:30.750><c> easy</c><00:13:30.870><c> to</c><00:13:31.080><c> just</c><00:13:31.470><c> service</c><00:13:32.220><c> an</c>

00:13:32.300 --> 00:13:32.310 align:start position:0%
makes it really easy to just service an
 

00:13:32.310 --> 00:13:33.980 align:start position:0%
makes it really easy to just service an
economic<00:13:32.760><c> experimentation</c><00:13:33.510><c> ground</c><00:13:33.780><c> for</c>

00:13:33.980 --> 00:13:33.990 align:start position:0%
economic experimentation ground for
 

00:13:33.990 --> 00:13:37.340 align:start position:0%
economic experimentation ground for
doing<00:13:34.170><c> these</c><00:13:34.290><c> kinds</c><00:13:34.560><c> of</c><00:13:34.620><c> things</c><00:13:35.240><c> and</c><00:13:36.240><c> so</c><00:13:37.020><c> you</c>

00:13:37.340 --> 00:13:37.350 align:start position:0%
doing these kinds of things and so you
 

00:13:37.350 --> 00:13:39.860 align:start position:0%
doing these kinds of things and so you
know<00:13:38.100><c> that's</c><00:13:38.280><c> sort</c><00:13:38.520><c> of</c><00:13:38.580><c> the</c><00:13:39.060><c> whole</c><00:13:39.480><c> point</c><00:13:39.630><c> of</c>

00:13:39.860 --> 00:13:39.870 align:start position:0%
know that's sort of the whole point of
 

00:13:39.870 --> 00:13:41.450 align:start position:0%
know that's sort of the whole point of
economic<00:13:40.100><c> experimentation</c><00:13:41.100><c> is</c><00:13:41.190><c> sort</c><00:13:41.400><c> of</c>

00:13:41.450 --> 00:13:41.460 align:start position:0%
economic experimentation is sort of
 

00:13:41.460 --> 00:13:42.590 align:start position:0%
economic experimentation is sort of
coming<00:13:41.730><c> up</c><00:13:41.850><c> with</c><00:13:41.880><c> these</c><00:13:42.060><c> sort</c><00:13:42.240><c> of</c><00:13:42.300><c> clever</c>

00:13:42.590 --> 00:13:42.600 align:start position:0%
coming up with these sort of clever
 

00:13:42.600 --> 00:13:44.270 align:start position:0%
coming up with these sort of clever
clever<00:13:43.320><c> little</c><00:13:43.650><c> tricks</c><00:13:43.980><c> that</c><00:13:44.040><c> sort</c><00:13:44.220><c> of</c>

00:13:44.270 --> 00:13:44.280 align:start position:0%
clever little tricks that sort of
 

00:13:44.280 --> 00:13:46.720 align:start position:0%
clever little tricks that sort of
combine<00:13:44.640><c> together</c><00:13:45.000><c> incentives</c><00:13:45.600><c> and</c><00:13:45.780><c> sort</c><00:13:46.080><c> of</c>

00:13:46.720 --> 00:13:46.730 align:start position:0%
combine together incentives and sort of
 

00:13:46.730 --> 00:13:49.160 align:start position:0%
combine together incentives and sort of
put<00:13:47.730><c> some</c><00:13:48.150><c> little</c><00:13:48.390><c> put</c><00:13:48.570><c> things</c><00:13:48.720><c> together</c><00:13:48.870><c> in</c>

00:13:49.160 --> 00:13:49.170 align:start position:0%
put some little put things together in
 

00:13:49.170 --> 00:13:50.540 align:start position:0%
put some little put things together in
this<00:13:49.260><c> nice</c><00:13:49.470><c> way</c><00:13:49.740><c> that</c><00:13:49.770><c> gives</c><00:13:50.190><c> people</c><00:13:50.370><c> the</c>

00:13:50.540 --> 00:13:50.550 align:start position:0%
this nice way that gives people the
 

00:13:50.550 --> 00:13:54.290 align:start position:0%
this nice way that gives people the
incentive<00:13:51.510><c> to</c><00:13:51.540><c> do</c><00:13:51.690><c> the</c><00:13:51.810><c> right</c><00:13:51.960><c> thing</c><00:13:52.230><c> and</c><00:13:53.300><c> you</c>

00:13:54.290 --> 00:13:54.300 align:start position:0%
incentive to do the right thing and you
 

00:13:54.300 --> 00:13:55.760 align:start position:0%
incentive to do the right thing and you
know<00:13:54.390><c> the</c><00:13:54.540><c> skin</c><00:13:54.840><c> there's</c><00:13:55.380><c> probably</c><00:13:55.590><c> quite</c><00:13:55.680><c> a</c>

00:13:55.760 --> 00:13:55.770 align:start position:0%
know the skin there's probably quite a
 

00:13:55.770 --> 00:13:58.040 align:start position:0%
know the skin there's probably quite a
lot<00:13:55.950><c> to</c><00:13:56.070><c> be</c><00:13:56.160><c> done</c><00:13:56.340><c> it's</c><00:13:57.030><c> just</c><00:13:57.300><c> really</c><00:13:57.780><c> we're</c>

00:13:58.040 --> 00:13:58.050 align:start position:0%
lot to be done it's just really we're
 

00:13:58.050 --> 00:14:03.770 align:start position:0%
lot to be done it's just really we're
all<00:13:58.290><c> getting</c><00:13:58.500><c> started</c><00:14:01.730><c> I</c><00:14:02.730><c> like</c><00:14:03.090><c> to</c><00:14:03.240><c> focus</c><00:14:03.600><c> on</c>

00:14:03.770 --> 00:14:03.780 align:start position:0%
all getting started I like to focus on
 

00:14:03.780 --> 00:14:08.690 align:start position:0%
all getting started I like to focus on
that<00:14:05.390><c> right</c><00:14:06.390><c> it's</c><00:14:07.140><c> still</c><00:14:07.380><c> just</c><00:14:07.710><c> ear</c><00:14:08.040><c> -</c><00:14:08.340><c> after</c>

00:14:08.690 --> 00:14:08.700 align:start position:0%
that right it's still just ear - after
 

00:14:08.700 --> 00:14:13.180 align:start position:0%
that right it's still just ear - after
each<00:14:08.820><c> area</c><00:14:09.030><c> and</c><00:14:10.130><c> our</c><00:14:11.130><c> approach</c><00:14:11.970><c> this</c><00:14:12.420><c> thing</c><00:14:12.690><c> -</c>

00:14:13.180 --> 00:14:13.190 align:start position:0%
each area and our approach this thing -
 

00:14:13.190 --> 00:14:16.790 align:start position:0%
each area and our approach this thing -
maybe<00:14:14.330><c> answering</c><00:14:15.330><c> this</c><00:14:15.510><c> question</c><00:14:15.690><c> is</c><00:14:16.170><c> that</c>

00:14:16.790 --> 00:14:16.800 align:start position:0%
maybe answering this question is that
 

00:14:16.800 --> 00:14:19.910 align:start position:0%
maybe answering this question is that
just<00:14:17.580><c> as</c><00:14:17.760><c> a</c><00:14:18.120><c> theorem</c><00:14:18.570><c> had</c><00:14:19.170><c> during</c><00:14:19.770><c> its</c>

00:14:19.910 --> 00:14:19.920 align:start position:0%
just as a theorem had during its
 

00:14:19.920 --> 00:14:23.750 align:start position:0%
just as a theorem had during its
frontier<00:14:20.490><c> the</c><00:14:21.210><c> etherium</c><00:14:21.830><c> Olympics</c><00:14:22.830><c> where</c>

00:14:23.750 --> 00:14:23.760 align:start position:0%
frontier the etherium Olympics where
 

00:14:23.760 --> 00:14:25.970 align:start position:0%
frontier the etherium Olympics where
we're<00:14:24.510><c> developers</c><00:14:25.290><c> from</c><00:14:25.410><c> around</c><00:14:25.560><c> the</c><00:14:25.860><c> world</c>

00:14:25.970 --> 00:14:25.980 align:start position:0%
we're developers from around the world
 

00:14:25.980 --> 00:14:28.340 align:start position:0%
we're developers from around the world
were<00:14:26.220><c> invited</c><00:14:26.760><c> to</c><00:14:26.850><c> identify</c><00:14:27.480><c> bugs</c><00:14:27.780><c> attack</c>

00:14:28.340 --> 00:14:28.350 align:start position:0%
were invited to identify bugs attack
 

00:14:28.350 --> 00:14:30.740 align:start position:0%
were invited to identify bugs attack
vectors<00:14:28.860><c> and</c><00:14:29.070><c> basically</c><00:14:29.700><c> if</c><00:14:30.000><c> you</c><00:14:30.300><c> can</c><00:14:30.330><c> break</c>

00:14:30.740 --> 00:14:30.750 align:start position:0%
vectors and basically if you can break
 

00:14:30.750 --> 00:14:33.440 align:start position:0%
vectors and basically if you can break
it<00:14:30.990><c> go</c><00:14:31.380><c> ahead</c><00:14:31.650><c> and</c><00:14:31.890><c> we'll</c><00:14:32.460><c> learn</c><00:14:32.640><c> for</c><00:14:32.910><c> it</c><00:14:33.060><c> from</c>

00:14:33.440 --> 00:14:33.450 align:start position:0%
it go ahead and we'll learn for it from
 

00:14:33.450 --> 00:14:35.660 align:start position:0%
it go ahead and we'll learn for it from
it<00:14:33.600><c> will</c><00:14:33.870><c> become</c><00:14:34.200><c> stronger</c><00:14:34.560><c> we</c><00:14:35.340><c> invite</c>

00:14:35.660 --> 00:14:35.670 align:start position:0%
it will become stronger we invite
 

00:14:35.670 --> 00:14:38.660 align:start position:0%
it will become stronger we invite
everyone<00:14:36.200><c> here</c><00:14:37.200><c> and</c><00:14:37.440><c> that's</c><00:14:38.010><c> watching</c><00:14:38.550><c> the</c>

00:14:38.660 --> 00:14:38.670 align:start position:0%
everyone here and that's watching the
 

00:14:38.670 --> 00:14:41.990 align:start position:0%
everyone here and that's watching the
presentation<00:14:39.270><c> to</c><00:14:39.480><c> join</c><00:14:40.020><c> us</c><00:14:40.230><c> in</c><00:14:40.800><c> breaking</c><00:14:41.790><c> and</c>

00:14:41.990 --> 00:14:42.000 align:start position:0%
presentation to join us in breaking and
 

00:14:42.000 --> 00:14:44.300 align:start position:0%
presentation to join us in breaking and
reinventing<00:14:42.720><c> and</c><00:14:42.900><c> replaying</c><00:14:43.350><c> the</c><00:14:43.800><c> token</c>

00:14:44.300 --> 00:14:44.310 align:start position:0%
reinventing and replaying the token
 

00:14:44.310 --> 00:14:46.910 align:start position:0%
reinventing and replaying the token
proposal<00:14:44.850><c> and</c><00:14:45.140><c> basically</c><00:14:46.140><c> with</c><00:14:46.260><c> the</c><00:14:46.410><c> I</c><00:14:46.560><c> ETH</c>

00:14:46.910 --> 00:14:46.920 align:start position:0%
proposal and basically with the I ETH
 

00:14:46.920 --> 00:14:49.610 align:start position:0%
proposal and basically with the I ETH
proposal<00:14:47.460><c> and</c><00:14:47.580><c> what</c><00:14:47.700><c> we</c><00:14:47.900><c> showcase</c><00:14:48.900><c> today</c><00:14:49.140><c> we</c>

00:14:49.610 --> 00:14:49.620 align:start position:0%
proposal and what we showcase today we
 

00:14:49.620 --> 00:14:51.230 align:start position:0%
proposal and what we showcase today we
want<00:14:49.830><c> to</c><00:14:49.980><c> just</c><00:14:50.190><c> get</c><00:14:50.370><c> the</c><00:14:50.490><c> prototype</c><00:14:50.970><c> in</c><00:14:51.120><c> the</c>

00:14:51.230 --> 00:14:51.240 align:start position:0%
want to just get the prototype in the
 

00:14:51.240 --> 00:14:55.540 align:start position:0%
want to just get the prototype in the
world<00:14:51.450><c> and</c><00:14:51.870><c> then</c><00:14:52.760><c> in</c><00:14:53.760><c> a</c><00:14:53.790><c> sort</c><00:14:54.270><c> of</c><00:14:54.390><c> cyberpunk</c>

00:14:55.540 --> 00:14:55.550 align:start position:0%
world and then in a sort of cyberpunk
 

00:14:55.550 --> 00:14:59.180 align:start position:0%
world and then in a sort of cyberpunk
inception<00:14:56.550><c> like</c><00:14:57.680><c> fashion</c><00:14:58.680><c> to</c><00:14:58.830><c> iterate</c>

00:14:59.180 --> 00:14:59.190 align:start position:0%
inception like fashion to iterate
 

00:14:59.190 --> 00:15:02.090 align:start position:0%
inception like fashion to iterate
co-create<00:14:59.790><c> in</c><00:14:59.970><c> the</c><00:15:00.150><c> open</c><00:15:00.510><c> on</c><00:15:00.900><c> Akasha</c><00:15:01.560><c> itself</c>

00:15:02.090 --> 00:15:02.100 align:start position:0%
co-create in the open on Akasha itself
 

00:15:02.100 --> 00:15:06.170 align:start position:0%
co-create in the open on Akasha itself
so<00:15:02.880><c> we</c><00:15:03.810><c> will</c><00:15:03.960><c> use</c><00:15:04.140><c> tags</c><00:15:04.710><c> to</c><00:15:05.250><c> coordinate</c><00:15:06.000><c> and</c>

00:15:06.170 --> 00:15:06.180 align:start position:0%
so we will use tags to coordinate and
 

00:15:06.180 --> 00:15:08.090 align:start position:0%
so we will use tags to coordinate and
later<00:15:06.360><c> on</c><00:15:06.600><c> if</c><00:15:06.810><c> we</c><00:15:06.960><c> still</c><00:15:07.500><c> have</c><00:15:07.650><c> time</c><00:15:07.830><c> we</c><00:15:07.980><c> will</c>

00:15:08.090 --> 00:15:08.100 align:start position:0%
later on if we still have time we will
 

00:15:08.100 --> 00:15:10.520 align:start position:0%
later on if we still have time we will
show<00:15:08.190><c> you</c><00:15:08.370><c> an</c><00:15:08.760><c> actual</c><00:15:09.060><c> demo</c><00:15:09.330><c> of</c><00:15:09.540><c> how</c><00:15:09.570><c> this</c><00:15:09.900><c> this</c>

00:15:10.520 --> 00:15:10.530 align:start position:0%
show you an actual demo of how this this
 

00:15:10.530 --> 00:15:14.210 align:start position:0%
show you an actual demo of how this this
will<00:15:10.770><c> work</c><00:15:10.920><c> but</c><00:15:11.460><c> basically</c><00:15:11.940><c> what</c><00:15:12.660><c> we</c><00:15:12.840><c> want</c><00:15:13.220><c> or</c>

00:15:14.210 --> 00:15:14.220 align:start position:0%
will work but basically what we want or
 

00:15:14.220 --> 00:15:17.510 align:start position:0%
will work but basically what we want or
hope<00:15:14.550><c> is</c><00:15:15.030><c> that</c><00:15:15.510><c> if</c><00:15:16.500><c> we</c><00:15:16.710><c> approach</c><00:15:17.040><c> things</c><00:15:17.250><c> from</c>

00:15:17.510 --> 00:15:17.520 align:start position:0%
hope is that if we approach things from
 

00:15:17.520 --> 00:15:21.350 align:start position:0%
hope is that if we approach things from
this<00:15:17.670><c> perspective</c><00:15:18.080><c> maybe</c><00:15:19.790><c> people</c><00:15:20.790><c> and</c><00:15:21.030><c> and</c>

00:15:21.350 --> 00:15:21.360 align:start position:0%
this perspective maybe people and and
 

00:15:21.360 --> 00:15:24.290 align:start position:0%
this perspective maybe people and and
startups<00:15:22.230><c> can</c><00:15:22.440><c> think</c><00:15:22.740><c> of</c><00:15:22.920><c> of</c><00:15:23.460><c> tokens</c><00:15:23.940><c> as</c><00:15:24.120><c> this</c>

00:15:24.290 --> 00:15:24.300 align:start position:0%
startups can think of of tokens as this
 

00:15:24.300 --> 00:15:26.990 align:start position:0%
startups can think of of tokens as this
dynamic<00:15:24.900><c> adaptive</c><00:15:25.170><c> systems</c><00:15:25.920><c> which</c><00:15:26.220><c> involve</c>

00:15:26.990 --> 00:15:27.000 align:start position:0%
dynamic adaptive systems which involve
 

00:15:27.000 --> 00:15:29.190 align:start position:0%
dynamic adaptive systems which involve
multiple<00:15:27.660><c> pieces</c><00:15:28.200><c> that</c><00:15:28.530><c> you</c><00:15:28.680><c> have</c><00:15:28.710><c> to</c>

00:15:29.190 --> 00:15:29.200 align:start position:0%
multiple pieces that you have to
 

00:15:29.200 --> 00:15:32.820 align:start position:0%
multiple pieces that you have to
carefully<00:15:29.760><c> put</c><00:15:30.760><c> together</c><00:15:31.170><c> rather</c><00:15:32.170><c> than</c><00:15:32.320><c> a</c>

00:15:32.820 --> 00:15:32.830 align:start position:0%
carefully put together rather than a
 

00:15:32.830 --> 00:15:35.460 align:start position:0%
carefully put together rather than a
graph<00:15:33.130><c> going</c><00:15:33.430><c> from</c><00:15:33.790><c> zero</c><00:15:34.060><c> to</c><00:15:34.180><c> the</c><00:15:34.300><c> moon</c><00:15:34.600><c> right</c>

00:15:35.460 --> 00:15:35.470 align:start position:0%
graph going from zero to the moon right
 

00:15:35.470 --> 00:15:38.670 align:start position:0%
graph going from zero to the moon right
so<00:15:36.190><c> I</c><00:15:37.000><c> think</c><00:15:37.210><c> together</c><00:15:37.600><c> if</c><00:15:38.020><c> we</c><00:15:38.230><c> will</c><00:15:38.410><c> tackle</c>

00:15:38.670 --> 00:15:38.680 align:start position:0%
so I think together if we will tackle
 

00:15:38.680 --> 00:15:43.650 align:start position:0%
so I think together if we will tackle
this<00:15:38.980><c> this</c><00:15:39.940><c> question</c><00:15:40.740><c> we</c><00:15:41.740><c> might</c><00:15:42.240><c> reach</c><00:15:43.240><c> some</c>

00:15:43.650 --> 00:15:43.660 align:start position:0%
this this question we might reach some
 

00:15:43.660 --> 00:15:46.380 align:start position:0%
this this question we might reach some
emergent<00:15:44.170><c> shared</c><00:15:44.470><c> understanding</c><00:15:45.160><c> because</c><00:15:45.580><c> no</c>

00:15:46.380 --> 00:15:46.390 align:start position:0%
emergent shared understanding because no
 

00:15:46.390 --> 00:15:48.510 align:start position:0%
emergent shared understanding because no
one<00:15:46.540><c> has</c><00:15:46.750><c> like</c><00:15:46.960><c> the</c><00:15:47.140><c> full</c><00:15:47.410><c> idea</c><00:15:47.590><c> of</c><00:15:47.950><c> what</c><00:15:48.340><c> is</c>

00:15:48.510 --> 00:15:48.520 align:start position:0%
one has like the full idea of what is
 

00:15:48.520 --> 00:15:51.140 align:start position:0%
one has like the full idea of what is
talking<00:15:48.970><c> 2.0</c><00:15:49.420><c> but</c><00:15:50.020><c> a</c><00:15:50.080><c> thousand</c><00:15:50.770><c> little</c>

00:15:51.140 --> 00:15:51.150 align:start position:0%
talking 2.0 but a thousand little
 

00:15:51.150 --> 00:15:53.580 align:start position:0%
talking 2.0 but a thousand little
half-baked<00:15:52.150><c> ideas</c><00:15:52.690><c> can</c><00:15:52.960><c> come</c><00:15:53.170><c> together</c><00:15:53.320><c> in</c>

00:15:53.580 --> 00:15:53.590 align:start position:0%
half-baked ideas can come together in
 

00:15:53.590 --> 00:15:56.070 align:start position:0%
half-baked ideas can come together in
something<00:15:54.160><c> completely</c><00:15:54.700><c> new</c><00:15:55.270><c> and</c><00:15:55.480><c> the</c><00:15:55.870><c> cool</c>

00:15:56.070 --> 00:15:56.080 align:start position:0%
something completely new and the cool
 

00:15:56.080 --> 00:15:57.900 align:start position:0%
something completely new and the cool
thing<00:15:56.110><c> about</c><00:15:56.350><c> this</c><00:15:56.650><c> is</c><00:15:56.890><c> that</c><00:15:57.220><c> this</c><00:15:57.490><c> is</c><00:15:57.550><c> a</c><00:15:57.670><c> quote</c>

00:15:57.900 --> 00:15:57.910 align:start position:0%
thing about this is that this is a quote
 

00:15:57.910 --> 00:15:59.580 align:start position:0%
thing about this is that this is a quote
I<00:15:57.940><c> really</c><00:15:58.330><c> like</c><00:15:58.510><c> is</c><00:15:58.690><c> that</c><00:15:58.870><c> the</c><00:15:59.020><c> mind</c><00:15:59.290><c> once</c>

00:15:59.580 --> 00:15:59.590 align:start position:0%
I really like is that the mind once
 

00:15:59.590 --> 00:16:02.430 align:start position:0%
I really like is that the mind once
stretched<00:15:59.890><c> by</c><00:16:00.160><c> an</c><00:16:00.310><c> idea</c><00:16:00.760><c> never</c><00:16:01.510><c> return</c><00:16:02.080><c> to</c><00:16:02.290><c> its</c>

00:16:02.430 --> 00:16:02.440 align:start position:0%
stretched by an idea never return to its
 

00:16:02.440 --> 00:16:05.160 align:start position:0%
stretched by an idea never return to its
original<00:16:02.620><c> dimensions</c><00:16:03.250><c> and</c><00:16:03.910><c> if</c><00:16:04.150><c> you</c><00:16:04.270><c> want</c><00:16:04.480><c> an</c>

00:16:05.160 --> 00:16:05.170 align:start position:0%
original dimensions and if you want an
 

00:16:05.170 --> 00:16:08.790 align:start position:0%
original dimensions and if you want an
example<00:16:05.560><c> just</c><00:16:05.770><c> remember</c><00:16:06.490><c> that</c><00:16:07.090><c> in</c><00:16:07.470><c> 2014</c><00:16:08.470><c> a</c>

00:16:08.790 --> 00:16:08.800 align:start position:0%
example just remember that in 2014 a
 

00:16:08.800 --> 00:16:12.360 align:start position:0%
example just remember that in 2014 a
theorem<00:16:09.250><c> had</c><00:16:09.550><c> eater</c><00:16:10.510><c> presale</c><00:16:11.110><c> which</c><00:16:11.740><c> led</c><00:16:12.340><c> to</c>

00:16:12.360 --> 00:16:12.370 align:start position:0%
theorem had eater presale which led to
 

00:16:12.370 --> 00:16:14.100 align:start position:0%
theorem had eater presale which led to
around<00:16:13.000><c> eighteen</c><00:16:13.390><c> point</c><00:16:13.600><c> five</c><00:16:13.810><c> million</c>

00:16:14.100 --> 00:16:14.110 align:start position:0%
around eighteen point five million
 

00:16:14.110 --> 00:16:16.290 align:start position:0%
around eighteen point five million
dollars<00:16:14.530><c> being</c><00:16:14.770><c> raised</c><00:16:15.070><c> to</c><00:16:15.400><c> fund</c><00:16:15.730><c> the</c>

00:16:16.290 --> 00:16:16.300 align:start position:0%
dollars being raised to fund the
 

00:16:16.300 --> 00:16:18.360 align:start position:0%
dollars being raised to fund the
development<00:16:16.840><c> of</c><00:16:16.960><c> the</c><00:16:17.110><c> platform</c><00:16:17.650><c> and</c><00:16:17.950><c> it</c><00:16:18.160><c> was</c>

00:16:18.360 --> 00:16:18.370 align:start position:0%
development of the platform and it was
 

00:16:18.370 --> 00:16:20.880 align:start position:0%
development of the platform and it was
number<00:16:18.610><c> one</c><00:16:19.000><c> as</c><00:16:19.270><c> in</c><00:16:19.900><c> the</c><00:16:19.930><c> most</c><00:16:20.260><c> successful</c>

00:16:20.880 --> 00:16:20.890 align:start position:0%
number one as in the most successful
 

00:16:20.890 --> 00:16:22.500 align:start position:0%
number one as in the most successful
crowdfunding<00:16:21.160><c> campaign</c><00:16:21.850><c> in</c><00:16:22.000><c> the</c><00:16:22.120><c> history</c><00:16:22.270><c> of</c>

00:16:22.500 --> 00:16:22.510 align:start position:0%
crowdfunding campaign in the history of
 

00:16:22.510 --> 00:16:24.780 align:start position:0%
crowdfunding campaign in the history of
the<00:16:22.720><c> internet</c><00:16:23.110><c> and</c><00:16:23.350><c> now</c><00:16:24.010><c> a</c><00:16:24.280><c> couple</c><00:16:24.550><c> of</c><00:16:24.730><c> years</c>

00:16:24.780 --> 00:16:24.790 align:start position:0%
the internet and now a couple of years
 

00:16:24.790 --> 00:16:27.420 align:start position:0%
the internet and now a couple of years
later<00:16:25.240><c> over</c><00:16:25.630><c> three</c><00:16:26.410><c> billion</c><00:16:26.680><c> dollars</c><00:16:27.190><c> have</c>

00:16:27.420 --> 00:16:27.430 align:start position:0%
later over three billion dollars have
 

00:16:27.430 --> 00:16:29.670 align:start position:0%
later over three billion dollars have
been<00:16:27.460><c> raised</c><00:16:27.850><c> by</c><00:16:28.060><c> companies</c><00:16:28.570><c> using</c><00:16:28.840><c> icos</c><00:16:29.410><c> as</c><00:16:29.650><c> a</c>

00:16:29.670 --> 00:16:29.680 align:start position:0%
been raised by companies using icos as a
 

00:16:29.680 --> 00:16:32.040 align:start position:0%
been raised by companies using icos as a
form<00:16:30.010><c> of</c><00:16:30.130><c> raising</c><00:16:30.910><c> funds</c><00:16:31.120><c> for</c><00:16:31.240><c> their</c><00:16:31.540><c> projects</c>

00:16:32.040 --> 00:16:32.050 align:start position:0%
form of raising funds for their projects
 

00:16:32.050 --> 00:16:36.480 align:start position:0%
form of raising funds for their projects
so<00:16:32.530><c> just</c><00:16:33.070><c> one</c><00:16:33.220><c> idea</c><00:16:33.430><c> huge</c><00:16:34.210><c> impact</c><00:16:34.860><c> so</c><00:16:35.860><c> now</c><00:16:36.010><c> the</c>

00:16:36.480 --> 00:16:36.490 align:start position:0%
so just one idea huge impact so now the
 

00:16:36.490 --> 00:16:37.860 align:start position:0%
so just one idea huge impact so now the
big<00:16:36.640><c> picture</c><00:16:37.030><c> of</c><00:16:37.180><c> what</c><00:16:37.360><c> we're</c><00:16:37.510><c> trying</c><00:16:37.690><c> to</c>

00:16:37.860 --> 00:16:37.870 align:start position:0%
big picture of what we're trying to
 

00:16:37.870 --> 00:16:40.290 align:start position:0%
big picture of what we're trying to
accomplish<00:16:38.530><c> is</c><00:16:38.770><c> like</c><00:16:39.190><c> we're</c><00:16:39.730><c> not</c><00:16:39.880><c> trying</c><00:16:40.240><c> to</c>

00:16:40.290 --> 00:16:40.300 align:start position:0%
accomplish is like we're not trying to
 

00:16:40.300 --> 00:16:43.320 align:start position:0%
accomplish is like we're not trying to
compete<00:16:40.720><c> with</c><00:16:40.900><c> the</c><00:16:41.140><c> big</c><00:16:41.320><c> boys</c><00:16:41.350><c> I</c><00:16:41.770><c> mean</c><00:16:42.330><c> they</c>

00:16:43.320 --> 00:16:43.330 align:start position:0%
compete with the big boys I mean they
 

00:16:43.330 --> 00:16:45.600 align:start position:0%
compete with the big boys I mean they
have<00:16:43.540><c> billions</c><00:16:43.900><c> of</c><00:16:43.990><c> users</c><00:16:44.410><c> would</c><00:16:44.680><c> be</c><00:16:44.860><c> nice</c><00:16:45.040><c> but</c>

00:16:45.600 --> 00:16:45.610 align:start position:0%
have billions of users would be nice but
 

00:16:45.610 --> 00:16:48.300 align:start position:0%
have billions of users would be nice but
let's<00:16:45.970><c> get</c><00:16:46.150><c> real</c><00:16:46.440><c> we</c><00:16:47.440><c> want</c><00:16:47.680><c> to</c><00:16:47.830><c> have</c><00:16:47.980><c> a</c><00:16:48.010><c> real</c>

00:16:48.300 --> 00:16:48.310 align:start position:0%
let's get real we want to have a real
 

00:16:48.310 --> 00:16:50.550 align:start position:0%
let's get real we want to have a real
alternative<00:16:48.520><c> in</c><00:16:49.060><c> in</c><00:16:49.570><c> place</c><00:16:49.870><c> to</c><00:16:50.110><c> keep</c><00:16:50.260><c> them</c><00:16:50.410><c> in</c>

00:16:50.550 --> 00:16:50.560 align:start position:0%
alternative in in place to keep them in
 

00:16:50.560 --> 00:16:54.570 align:start position:0%
alternative in in place to keep them in
check<00:16:50.590><c> and</c><00:16:51.960><c> this</c><00:16:52.960><c> is</c><00:16:53.080><c> not</c><00:16:53.260><c> like</c><00:16:53.530><c> paper</c><00:16:54.340><c> or</c>

00:16:54.570 --> 00:16:54.580 align:start position:0%
check and this is not like paper or
 

00:16:54.580 --> 00:16:56.580 align:start position:0%
check and this is not like paper or
plastic<00:16:54.820><c> bag</c><00:16:55.330><c> choice</c><00:16:55.660><c> we</c><00:16:56.080><c> want</c><00:16:56.230><c> to</c><00:16:56.440><c> offer</c>

00:16:56.580 --> 00:16:56.590 align:start position:0%
plastic bag choice we want to offer
 

00:16:56.590 --> 00:16:58.320 align:start position:0%
plastic bag choice we want to offer
people<00:16:56.890><c> a</c><00:16:57.070><c> fundamentally</c><00:16:57.760><c> different</c><00:16:57.790><c> choice</c>

00:16:58.320 --> 00:16:58.330 align:start position:0%
people a fundamentally different choice
 

00:16:58.330 --> 00:17:01.380 align:start position:0%
people a fundamentally different choice
when<00:16:58.570><c> it</c><00:16:58.600><c> comes</c><00:16:58.720><c> to</c><00:16:59.170><c> each</c><00:16:59.700><c> person's</c><00:17:00.700><c> digital</c>

00:17:01.380 --> 00:17:01.390 align:start position:0%
when it comes to each person's digital
 

00:17:01.390 --> 00:17:03.390 align:start position:0%
when it comes to each person's digital
sovereignty<00:17:01.990><c> as</c><00:17:02.110><c> human</c><00:17:02.560><c> netizens</c>

00:17:03.390 --> 00:17:03.400 align:start position:0%
sovereignty as human netizens
 

00:17:03.400 --> 00:17:06.390 align:start position:0%
sovereignty as human netizens
and<00:17:03.600><c> I</c><00:17:04.600><c> think</c><00:17:04.990><c> we</c><00:17:05.050><c> can</c><00:17:05.199><c> all</c><00:17:05.320><c> agree</c><00:17:05.440><c> after</c><00:17:05.890><c> this</c>

00:17:06.390 --> 00:17:06.400 align:start position:0%
and I think we can all agree after this
 

00:17:06.400 --> 00:17:09.030 align:start position:0%
and I think we can all agree after this
beautiful<00:17:07.089><c> Def</c><00:17:07.600><c> Con</c><00:17:07.870><c> that</c><00:17:08.079><c> watching</c><00:17:08.860><c> history</c>

00:17:09.030 --> 00:17:09.040 align:start position:0%
beautiful Def Con that watching history
 

00:17:09.040 --> 00:17:12.000 align:start position:0%
beautiful Def Con that watching history
in<00:17:09.339><c> the</c><00:17:09.430><c> making</c><00:17:09.550><c> is</c><00:17:09.880><c> cool</c><00:17:10.150><c> but</c><00:17:11.079><c> we</c><00:17:11.560><c> think</c><00:17:11.770><c> that</c>

00:17:12.000 --> 00:17:12.010 align:start position:0%
in the making is cool but we think that
 

00:17:12.010 --> 00:17:13.620 align:start position:0%
in the making is cool but we think that
writing<00:17:12.280><c> the</c><00:17:12.430><c> future</c><00:17:12.640><c> ourself</c><00:17:13.209><c> is</c><00:17:13.390><c> even</c>

00:17:13.620 --> 00:17:13.630 align:start position:0%
writing the future ourself is even
 

00:17:13.630 --> 00:17:15.840 align:start position:0%
writing the future ourself is even
cooler<00:17:13.839><c> so</c><00:17:14.500><c> on</c><00:17:14.829><c> this</c><00:17:15.040><c> note</c><00:17:15.280><c> we</c><00:17:15.579><c> invite</c>

00:17:15.840 --> 00:17:15.850 align:start position:0%
cooler so on this note we invite
 

00:17:15.850 --> 00:17:18.420 align:start position:0%
cooler so on this note we invite
everyone<00:17:16.270><c> to</c><00:17:16.660><c> be</c><00:17:16.900><c> able</c><00:17:16.959><c> to</c><00:17:17.050><c> join</c><00:17:17.800><c> us</c><00:17:18.010><c> in</c>

00:17:18.420 --> 00:17:18.430 align:start position:0%
everyone to be able to join us in
 

00:17:18.430 --> 00:17:20.370 align:start position:0%
everyone to be able to join us in
building<00:17:19.000><c> together</c><00:17:19.120><c> in</c><00:17:19.480><c> this</c><00:17:19.660><c> decade</c><00:17:20.110><c> a</c>

00:17:20.370 --> 00:17:20.380 align:start position:0%
building together in this decade a
 

00:17:20.380 --> 00:17:23.130 align:start position:0%
building together in this decade a
pattern<00:17:21.010><c> ology</c><00:17:21.540><c> architecture</c><00:17:22.540><c> for</c><00:17:22.750><c> the</c><00:17:22.870><c> next</c>

00:17:23.130 --> 00:17:23.140 align:start position:0%
pattern ology architecture for the next
 

00:17:23.140 --> 00:17:26.819 align:start position:0%
pattern ology architecture for the next
century<00:17:23.350><c> and</c><00:17:24.839><c> we</c><00:17:25.839><c> actually</c><00:17:26.230><c> have</c><00:17:26.500><c> all</c><00:17:26.680><c> the</c>

00:17:26.819 --> 00:17:26.829 align:start position:0%
century and we actually have all the
 

00:17:26.829 --> 00:17:29.460 align:start position:0%
century and we actually have all the
tools<00:17:27.089><c> and</c><00:17:28.089><c> we</c><00:17:28.360><c> have</c><00:17:28.390><c> like</c><00:17:28.810><c> a</c><00:17:28.840><c> pretty</c><00:17:29.290><c> good</c>

00:17:29.460 --> 00:17:29.470 align:start position:0%
tools and we have like a pretty good
 

00:17:29.470 --> 00:17:32.250 align:start position:0%
tools and we have like a pretty good
idea<00:17:29.770><c> of</c><00:17:29.830><c> where</c><00:17:30.100><c> things</c><00:17:30.400><c> can</c><00:17:30.580><c> go</c><00:17:30.820><c> and</c><00:17:31.260><c> the</c>

00:17:32.250 --> 00:17:32.260 align:start position:0%
idea of where things can go and the
 

00:17:32.260 --> 00:17:33.690 align:start position:0%
idea of where things can go and the
future<00:17:32.500><c> is</c><00:17:32.650><c> not</c><00:17:32.770><c> the</c><00:17:32.950><c> place</c><00:17:33.130><c> we</c><00:17:33.310><c> get</c><00:17:33.460><c> to</c><00:17:33.550><c> visit</c>

00:17:33.690 --> 00:17:33.700 align:start position:0%
future is not the place we get to visit
 

00:17:33.700 --> 00:17:36.000 align:start position:0%
future is not the place we get to visit
the<00:17:34.450><c> future</c><00:17:34.780><c> is</c><00:17:34.960><c> a</c><00:17:34.990><c> place</c><00:17:35.260><c> we</c><00:17:35.410><c> get</c><00:17:35.560><c> to</c><00:17:35.710><c> create</c>

00:17:36.000 --> 00:17:36.010 align:start position:0%
the future is a place we get to create
 

00:17:36.010 --> 00:17:38.430 align:start position:0%
the future is a place we get to create
and<00:17:36.310><c> I</c><00:17:37.150><c> would</c><00:17:37.330><c> like</c><00:17:37.540><c> to</c><00:17:37.570><c> announce</c><00:17:38.050><c> that</c><00:17:38.260><c> the</c>

00:17:38.430 --> 00:17:38.440 align:start position:0%
and I would like to announce that the
 

00:17:38.440 --> 00:17:41.100 align:start position:0%
and I would like to announce that the
beta<00:17:38.770><c> signups</c><00:17:39.100><c> are</c><00:17:39.430><c> open</c><00:17:39.850><c> for</c><00:17:40.510><c> everyone</c><00:17:40.930><c> that</c>

00:17:41.100 --> 00:17:41.110 align:start position:0%
beta signups are open for everyone that
 

00:17:41.110 --> 00:17:42.070 align:start position:0%
beta signups are open for everyone that
wants<00:17:41.260><c> to</c><00:17:41.470><c> part</c>

00:17:42.070 --> 00:17:42.080 align:start position:0%
wants to part
 

00:17:42.080 --> 00:17:45.070 align:start position:0%
wants to part
paid<00:17:42.380><c> and</c><00:17:42.679><c> subscribe</c><00:17:43.549><c> just</c><00:17:44.149><c> go</c><00:17:44.390><c> to</c><00:17:44.450><c> Akasha</c><00:17:44.840><c> dot</c>

00:17:45.070 --> 00:17:45.080 align:start position:0%
paid and subscribe just go to Akasha dot
 

00:17:45.080 --> 00:17:45.490 align:start position:0%
paid and subscribe just go to Akasha dot
world

00:17:45.490 --> 00:17:45.500 align:start position:0%
world
 

00:17:45.500 --> 00:17:48.009 align:start position:0%
world
insert<00:17:45.919><c> your</c><00:17:46.039><c> email</c><00:17:46.220><c> in</c><00:17:46.610><c> and</c><00:17:47.419><c> in</c><00:17:47.659><c> a</c><00:17:47.750><c> matter</c><00:17:47.929><c> of</c>

00:17:48.009 --> 00:17:48.019 align:start position:0%
insert your email in and in a matter of
 

00:17:48.019 --> 00:17:50.289 align:start position:0%
insert your email in and in a matter of
weeks<00:17:48.320><c> we</c><00:17:48.620><c> will</c><00:17:48.740><c> send</c><00:17:48.980><c> you</c><00:17:49.130><c> the</c><00:17:49.250><c> invite</c><00:17:49.580><c> and</c><00:17:49.850><c> we</c>

00:17:50.289 --> 00:17:50.299 align:start position:0%
weeks we will send you the invite and we
 

00:17:50.299 --> 00:17:52.630 align:start position:0%
weeks we will send you the invite and we
will<00:17:50.510><c> start</c><00:17:50.779><c> released</c><00:17:51.080><c> the</c><00:17:51.559><c> beta</c><00:17:51.740><c> and</c><00:17:52.309><c> since</c><00:17:52.549><c> I</c>

00:17:52.630 --> 00:17:52.640 align:start position:0%
will start released the beta and since I
 

00:17:52.640 --> 00:17:54.399 align:start position:0%
will start released the beta and since I
see<00:17:52.850><c> we</c><00:17:52.970><c> still</c><00:17:53.149><c> have</c><00:17:53.240><c> two</c><00:17:53.570><c> minutes</c><00:17:53.870><c> I</c><00:17:54.049><c> will</c><00:17:54.200><c> now</c>

00:17:54.399 --> 00:17:54.409 align:start position:0%
see we still have two minutes I will now
 

00:17:54.409 --> 00:17:56.320 align:start position:0%
see we still have two minutes I will now
show<00:17:54.710><c> you</c><00:17:54.740><c> a</c><00:17:54.890><c> demo</c><00:17:55.159><c> of</c><00:17:55.279><c> what</c><00:17:55.580><c> the</c><00:17:55.730><c> data</c><00:17:55.909><c> looks</c>

00:17:56.320 --> 00:17:56.330 align:start position:0%
show you a demo of what the data looks
 

00:17:56.330 --> 00:17:58.659 align:start position:0%
show you a demo of what the data looks
like<00:17:56.419><c> and</c><00:17:56.750><c> this</c><00:17:57.470><c> is</c><00:17:57.620><c> basically</c><00:17:57.799><c> the</c><00:17:58.070><c> dashboard</c>

00:17:58.659 --> 00:17:58.669 align:start position:0%
like and this is basically the dashboard
 

00:17:58.669 --> 00:18:00.789 align:start position:0%
like and this is basically the dashboard
view<00:17:58.850><c> in</c><00:17:59.779><c> which</c><00:17:59.960><c> we</c><00:18:00.140><c> have</c><00:18:00.350><c> like</c><00:18:00.559><c> different</c>

00:18:00.789 --> 00:18:00.799 align:start position:0%
view in which we have like different
 

00:18:00.799 --> 00:18:03.669 align:start position:0%
view in which we have like different
streams<00:18:01.490><c> and</c><00:18:01.809><c> different</c><00:18:02.809><c> columns</c><00:18:03.230><c> which</c><00:18:03.470><c> can</c>

00:18:03.669 --> 00:18:03.679 align:start position:0%
streams and different columns which can
 

00:18:03.679 --> 00:18:05.919 align:start position:0%
streams and different columns which can
be<00:18:03.799><c> customized</c><00:18:04.309><c> by</c><00:18:04.460><c> the</c><00:18:04.519><c> users</c><00:18:04.940><c> and</c><00:18:05.149><c> here</c><00:18:05.779><c> we</c>

00:18:05.919 --> 00:18:05.929 align:start position:0%
be customized by the users and here we
 

00:18:05.929 --> 00:18:08.950 align:start position:0%
be customized by the users and here we
had<00:18:06.080><c> a</c><00:18:06.110><c> column</c><00:18:07.010><c> which</c><00:18:07.159><c> is</c><00:18:07.309><c> a</c><00:18:07.340><c> tag</c><00:18:07.700><c> and</c><00:18:08.000><c> in</c><00:18:08.779><c> this</c>

00:18:08.950 --> 00:18:08.960 align:start position:0%
had a column which is a tag and in this
 

00:18:08.960 --> 00:18:10.899 align:start position:0%
had a column which is a tag and in this
case<00:18:09.140><c> is</c><00:18:09.320><c> crypto</c><00:18:09.679><c> Olympics</c><00:18:10.190><c> so</c><00:18:10.370><c> people</c><00:18:10.730><c> can</c>

00:18:10.899 --> 00:18:10.909 align:start position:0%
case is crypto Olympics so people can
 

00:18:10.909 --> 00:18:13.600 align:start position:0%
case is crypto Olympics so people can
coordinate<00:18:11.240><c> on</c><00:18:11.779><c> the</c><00:18:12.049><c> ideas</c><00:18:12.529><c> brainstorm</c><00:18:13.279><c> these</c>

00:18:13.600 --> 00:18:13.610 align:start position:0%
coordinate on the ideas brainstorm these
 

00:18:13.610 --> 00:18:16.330 align:start position:0%
coordinate on the ideas brainstorm these
are<00:18:13.760><c> proposals</c><00:18:14.210><c> they</c><00:18:15.110><c> can</c><00:18:15.350><c> use</c><00:18:15.559><c> the</c><00:18:15.830><c> entries</c>

00:18:16.330 --> 00:18:16.340 align:start position:0%
are proposals they can use the entries
 

00:18:16.340 --> 00:18:17.549 align:start position:0%
are proposals they can use the entries
and<00:18:16.519><c> the</c><00:18:16.610><c> comment</c><00:18:17.029><c> section</c><00:18:17.360><c> as</c>

00:18:17.549 --> 00:18:17.559 align:start position:0%
and the comment section as
 

00:18:17.559 --> 00:18:21.539 align:start position:0%
and the comment section as
counterproposals<00:18:18.559><c> or</c><00:18:18.769><c> to</c><00:18:18.950><c> discuss</c><00:18:19.340><c> various</c>

00:18:21.539 --> 00:18:21.549 align:start position:0%
counterproposals or to discuss various
 

00:18:21.549 --> 00:18:24.370 align:start position:0%
counterproposals or to discuss various
ideas<00:18:22.549><c> and</c><00:18:23.000><c> this</c><00:18:23.179><c> is</c><00:18:23.299><c> like</c><00:18:23.450><c> an</c><00:18:23.630><c> example</c><00:18:24.019><c> in</c>

00:18:24.370 --> 00:18:24.380 align:start position:0%
ideas and this is like an example in
 

00:18:24.380 --> 00:18:27.490 align:start position:0%
ideas and this is like an example in
which<00:18:24.590><c> is</c><00:18:24.830><c> all</c><00:18:25.070><c> a</c><00:18:25.100><c> con</c><00:18:25.639><c> or</c><00:18:25.789><c> a</c><00:18:25.820><c> Def</c><00:18:26.149><c> Con</c><00:18:26.500><c> how</c>

00:18:27.490 --> 00:18:27.500 align:start position:0%
which is all a con or a Def Con how
 

00:18:27.500 --> 00:18:30.279 align:start position:0%
which is all a con or a Def Con how
it<00:18:27.679><c> works</c><00:18:27.919><c> to</c><00:18:28.070><c> publish</c><00:18:28.460><c> a</c><00:18:29.000><c> comment</c><00:18:29.539><c> as</c><00:18:29.929><c> you</c><00:18:30.080><c> can</c>

00:18:30.279 --> 00:18:30.289 align:start position:0%
it works to publish a comment as you can
 

00:18:30.289 --> 00:18:34.210 align:start position:0%
it works to publish a comment as you can
see<00:18:30.529><c> the</c><00:18:31.130><c> UI</c><00:18:31.309><c> has</c><00:18:32.200><c> changed</c><00:18:33.200><c> quite</c><00:18:33.350><c> a</c><00:18:33.409><c> bit</c><00:18:33.559><c> also</c>

00:18:34.210 --> 00:18:34.220 align:start position:0%
see the UI has changed quite a bit also
 

00:18:34.220 --> 00:18:37.240 align:start position:0%
see the UI has changed quite a bit also
in<00:18:34.580><c> the</c><00:18:34.730><c> backend</c><00:18:34.940><c> we</c><00:18:35.620><c> basically</c><00:18:36.620><c> are</c><00:18:36.860><c> now</c>

00:18:37.240 --> 00:18:37.250 align:start position:0%
in the backend we basically are now
 

00:18:37.250 --> 00:18:40.049 align:start position:0%
in the backend we basically are now
looking<00:18:38.090><c> at</c><00:18:38.539><c> a</c><00:18:38.600><c> completely</c><00:18:39.289><c> rewritten</c>

00:18:40.049 --> 00:18:40.059 align:start position:0%
looking at a completely rewritten
 

00:18:40.059 --> 00:18:42.820 align:start position:0%
looking at a completely rewritten
decentralized<00:18:41.059><c> application</c><00:18:41.659><c> from</c><00:18:41.899><c> dub</c><00:18:42.139><c> so</c><00:18:42.409><c> it</c>

00:18:42.820 --> 00:18:42.830 align:start position:0%
decentralized application from dub so it
 

00:18:42.830 --> 00:18:45.519 align:start position:0%
decentralized application from dub so it
would<00:18:43.100><c> be</c><00:18:43.250><c> more</c><00:18:43.399><c> correct</c><00:18:43.730><c> to</c><00:18:43.940><c> call</c><00:18:44.120><c> it</c><00:18:44.529><c> like</c>

00:18:45.519 --> 00:18:45.529 align:start position:0%
would be more correct to call it like
 

00:18:45.529 --> 00:18:48.190 align:start position:0%
would be more correct to call it like
version<00:18:46.309><c> 2</c><00:18:46.519><c> but</c><00:18:47.179><c> since</c><00:18:47.480><c> we</c><00:18:47.600><c> started</c><00:18:47.960><c> with</c><00:18:48.080><c> the</c>

00:18:48.190 --> 00:18:48.200 align:start position:0%
version 2 but since we started with the
 

00:18:48.200 --> 00:18:52.000 align:start position:0%
version 2 but since we started with the
Alpha<00:18:48.559><c> we</c><00:18:48.740><c> will</c><00:18:49.610><c> name</c><00:18:50.120><c> it</c><00:18:50.149><c> better</c><00:18:50.840><c> and</c><00:18:51.139><c> here</c><00:18:51.860><c> on</c>

00:18:52.000 --> 00:18:52.010 align:start position:0%
Alpha we will name it better and here on
 

00:18:52.010 --> 00:18:53.470 align:start position:0%
Alpha we will name it better and here on
the<00:18:52.130><c> left</c><00:18:52.309><c> side</c><00:18:52.490><c> these</c><00:18:52.850><c> are</c><00:18:52.909><c> what</c><00:18:53.330><c> we</c><00:18:53.450><c> call</c>

00:18:53.470 --> 00:18:53.480 align:start position:0%
the left side these are what we call
 

00:18:53.480 --> 00:18:56.049 align:start position:0%
the left side these are what we call
boards<00:18:54.110><c> for</c><00:18:54.289><c> now</c><00:18:54.440><c> and</c><00:18:54.710><c> basically</c><00:18:55.100><c> offers</c><00:18:55.820><c> like</c>

00:18:56.049 --> 00:18:56.059 align:start position:0%
boards for now and basically offers like
 

00:18:56.059 --> 00:18:58.330 align:start position:0%
boards for now and basically offers like
different<00:18:56.570><c> windows</c><00:18:57.019><c> into</c><00:18:57.409><c> specific</c><00:18:57.889><c> topics</c>

00:18:58.330 --> 00:18:58.340 align:start position:0%
different windows into specific topics
 

00:18:58.340 --> 00:19:00.909 align:start position:0%
different windows into specific topics
so<00:18:58.549><c> if</c><00:18:58.760><c> we</c><00:18:59.090><c> take</c><00:18:59.269><c> the</c><00:18:59.419><c> example</c><00:18:59.809><c> of</c><00:18:59.840><c> Def</c><00:19:00.080><c> Con</c><00:19:00.380><c> one</c>

00:19:00.909 --> 00:19:00.919 align:start position:0%
so if we take the example of Def Con one
 

00:19:00.919 --> 00:19:02.830 align:start position:0%
so if we take the example of Def Con one
of<00:19:01.039><c> the</c><00:19:01.159><c> car</c><00:19:01.370><c> of</c><00:19:01.580><c> the</c><00:19:02.059><c> boards</c><00:19:02.389><c> could</c><00:19:02.510><c> have</c><00:19:02.630><c> been</c>

00:19:02.830 --> 00:19:02.840 align:start position:0%
of the car of the boards could have been
 

00:19:02.840 --> 00:19:06.310 align:start position:0%
of the car of the boards could have been
like<00:19:02.990><c> events</c><00:19:03.850><c> presentations</c><00:19:04.850><c> workshops</c><00:19:05.450><c> and</c>

00:19:06.310 --> 00:19:06.320 align:start position:0%
like events presentations workshops and
 

00:19:06.320 --> 00:19:07.810 align:start position:0%
like events presentations workshops and
people<00:19:06.649><c> could</c><00:19:06.830><c> have</c><00:19:06.950><c> coordinated</c><00:19:07.190><c> better</c>

00:19:07.810 --> 00:19:07.820 align:start position:0%
people could have coordinated better
 

00:19:07.820 --> 00:19:11.379 align:start position:0%
people could have coordinated better
rather<00:19:08.120><c> than</c><00:19:08.269><c> checking</c><00:19:09.110><c> on</c><00:19:09.260><c> ready</c><00:19:09.700><c> 10</c><00:19:10.700><c> discord</c>

00:19:11.379 --> 00:19:11.389 align:start position:0%
rather than checking on ready 10 discord
 

00:19:11.389 --> 00:19:15.190 align:start position:0%
rather than checking on ready 10 discord
rooms<00:19:11.690><c> one</c><00:19:12.409><c> slack</c><00:19:12.919><c> you</c><00:19:13.700><c> get</c><00:19:13.880><c> idea</c><00:19:14.240><c> to</c><00:19:14.539><c> jeeter's</c>

00:19:15.190 --> 00:19:15.200 align:start position:0%
rooms one slack you get idea to jeeter's
 

00:19:15.200 --> 00:19:18.430 align:start position:0%
rooms one slack you get idea to jeeter's
and<00:19:15.500><c> and</c><00:19:15.710><c> so</c><00:19:15.950><c> on</c><00:19:16.070><c> so</c><00:19:16.639><c> I</c><00:19:17.000><c> would</c><00:19:17.929><c> like</c><00:19:18.019><c> to</c><00:19:18.230><c> thank</c>

00:19:18.430 --> 00:19:18.440 align:start position:0%
and and so on so I would like to thank
 

00:19:18.440 --> 00:19:22.330 align:start position:0%
and and so on so I would like to thank
you<00:19:18.620><c> all</c><00:19:18.649><c> for</c><00:19:18.799><c> your</c><00:19:19.039><c> attention</c><00:19:19.490><c> and</c><00:19:21.340><c> it's</c>

00:19:22.330 --> 00:19:22.340 align:start position:0%
you all for your attention and it's
 

00:19:22.340 --> 00:19:24.940 align:start position:0%
you all for your attention and it's
great<00:19:23.059><c> being</c><00:19:23.269><c> here</c><00:19:23.659><c> hope</c><00:19:24.409><c> to</c><00:19:24.620><c> see</c><00:19:24.799><c> you</c><00:19:24.860><c> on</c>

00:19:24.940 --> 00:19:24.950 align:start position:0%
great being here hope to see you on
 

00:19:24.950 --> 00:19:26.870 align:start position:0%
great being here hope to see you on
arkasha<00:19:25.250><c> soon</c>

00:19:26.870 --> 00:19:26.880 align:start position:0%
arkasha soon
 

00:19:26.880 --> 00:19:32.500 align:start position:0%
arkasha soon
[Applause]

00:19:32.500 --> 00:19:32.510 align:start position:0%
[Applause]
 

00:19:32.510 --> 00:19:39.890 align:start position:0%
[Applause]
[Music]

