WEBVTT Kind: captions Language: en 00:00:00.510 --> 00:00:19.910 align:start position:0% [Music] 00:00:19.910 --> 00:00:19.920 align:start position:0% 00:00:19.920 --> 00:00:24.429 align:start position:0% thanks<00:00:20.199> everyone<00:00:20.600> for<00:00:20.960> for<00:00:21.160> being<00:00:21.400> here<00:00:21.880> today 00:00:24.429 --> 00:00:24.439 align:start position:0% thanks everyone for for being here today 00:00:24.439 --> 00:00:27.990 align:start position:0% thanks everyone for for being here today so<00:00:25.439> I'm<00:00:25.720> Alex<00:00:26.000> vand<00:00:26.960> I<00:00:27.199> I<00:00:27.320> am<00:00:27.480> here<00:00:27.599> to<00:00:27.800> talk 00:00:27.990 --> 00:00:28.000 align:start position:0% so I'm Alex vand I I am here to talk 00:00:28.000 --> 00:00:30.749 align:start position:0% so I'm Alex vand I I am here to talk about<00:00:28.240> myth<00:00:29.240> but<00:00:29.480> I<00:00:29.720> do<00:00:30.119> a<00:00:30.160> little<00:00:30.320> bit<00:00:30.519> more 00:00:30.749 --> 00:00:30.759 align:start position:0% about myth but I do a little bit more 00:00:30.759 --> 00:00:33.310 align:start position:0% about myth but I do a little bit more than<00:00:31.000> that<00:00:31.320> on<00:00:31.480> the<00:00:31.640> foundation<00:00:32.520> I<00:00:32.759> I'm<00:00:33.079> I'm<00:00:33.160> a 00:00:33.310 --> 00:00:33.320 align:start position:0% than that on the foundation I I'm I'm a 00:00:33.320 --> 00:00:35.430 align:start position:0% than that on the foundation I I'm I'm a designer<00:00:33.719> for<00:00:34.000> the<00:00:34.480> for<00:00:34.640> the<00:00:34.800> foundation<00:00:35.320> and 00:00:35.430 --> 00:00:35.440 align:start position:0% designer for the for the foundation and 00:00:35.440 --> 00:00:39.150 align:start position:0% designer for the for the foundation and I<00:00:35.600> do<00:00:36.600> some<00:00:36.800> other<00:00:37.120> stuff<00:00:37.399> like<00:00:37.559> the<00:00:38.079> website 00:00:39.150 --> 00:00:39.160 align:start position:0% I do some other stuff like the website 00:00:39.160 --> 00:00:41.910 align:start position:0% I do some other stuff like the website and<00:00:40.160> I'm<00:00:40.280> not<00:00:40.399> sure<00:00:40.600> if<00:00:40.719> you<00:00:40.879> ever<00:00:41.440> look<00:00:41.640> at<00:00:41.800> the 00:00:41.910 --> 00:00:41.920 align:start position:0% and I'm not sure if you ever look at the 00:00:41.920 --> 00:00:45.229 align:start position:0% and I'm not sure if you ever look at the website<00:00:42.360> I<00:00:42.480> suppose<00:00:42.879> so<00:00:43.200> but<00:00:43.719> we<00:00:43.879> do<00:00:44.160> have<00:00:44.440> some 00:00:45.229 --> 00:00:45.239 align:start position:0% website I suppose so but we do have some 00:00:45.239 --> 00:00:48.510 align:start position:0% website I suppose so but we do have some outrageous<00:00:46.039> claims<00:00:46.680> on<00:00:46.960> there<00:00:47.600> like<00:00:48.160> build 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those are sort of 00:00:57.800 --> 00:01:01.509 align:start position:0% supposed to work those those are sort of outlandish<00:00:58.719> claims<00:00:59.640> and<00:01:00.320> a<00:01:00.480> few<00:01:00.800> people<00:01:01.120> got<00:01:01.399> a 00:01:01.509 --> 00:01:01.519 align:start position:0% outlandish claims and a few people got a 00:01:01.519 --> 00:01:04.350 align:start position:0% outlandish claims and a few people got a little<00:01:01.719> bit<00:01:02.039> mad<00:01:02.559> this<00:01:02.840> year<00:01:03.519> that<00:01:03.840> they<00:01:04.000> were 00:01:04.350 --> 00:01:04.360 align:start position:0% little bit mad this year that they were 00:01:04.360 --> 00:01:06.390 align:start position:0% little bit mad this year that they were there<00:01:04.960> and<00:01:05.119> if<00:01:05.239> you're<00:01:05.479> one<00:01:05.640> of<00:01:05.799> those<00:01:06.040> people 00:01:06.390 --> 00:01:06.400 align:start position:0% there and if you're one of those people 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I'm here to explain what do we mean by<00:01:14.920> that<00:01:15.280> and<00:01:15.479> why<00:01:15.640> do<00:01:15.759> we<00:01:16.000> still<00:01:16.400> stand<00:01:17.040> for 00:01:17.350 --> 00:01:17.360 align:start position:0% by that and why do we still stand for 00:01:17.360 --> 00:01:20.550 align:start position:0% by that and why do we still stand for every<00:01:17.840> word<00:01:18.840> so<00:01:19.360> what<00:01:19.479> does<00:01:19.680> that<00:01:19.840> mean<00:01:20.360> how 00:01:20.550 --> 00:01:20.560 align:start position:0% every word so what does that mean how 00:01:20.560 --> 00:01:23.310 align:start position:0% every word so what does that mean how the<00:01:20.759> internet<00:01:21.280> was<00:01:21.520> supposed<00:01:21.880> to<00:01:22.119> work<00:01:22.799> right 00:01:23.310 --> 00:01:23.320 align:start position:0% the internet was supposed to work right 00:01:23.320 --> 00:01:25.390 align:start position:0% the internet was supposed to work right in<00:01:23.479> order<00:01:23.680> to<00:01:24.159> understand<00:01:24.400> this<00:01:24.799> let's<00:01:25.000> see 00:01:25.390 --> 00:01:25.400 align:start position:0% in order to understand this let's see 00:01:25.400 --> 00:01:28.069 align:start position:0% in order to understand this let's see what<00:01:25.520> the<00:01:25.720> problem<00:01:26.159> is<00:01:27.159> right<00:01:27.560> the<00:01:27.680> way<00:01:27.880> the 00:01:28.069 --> 00:01:28.079 align:start position:0% what the problem is right the way the 00:01:28.079 --> 00:01:30.350 align:start position:0% what the problem is right the way the internet<00:01:28.560> works<00:01:29.159> right<00:01:29.360> now<00:01:29.960> is<00:01:30.079> that<00:01:30.240> if 00:01:30.350 --> 00:01:30.360 align:start position:0% internet works right now is that if 00:01:30.360 --> 00:01:33.710 align:start position:0% internet works right now is that if you're<00:01:30.560> building<00:01:30.880> a<00:01:31.200> service<00:01:32.200> you<00:01:32.479> first<00:01:33.320> you 00:01:33.710 --> 00:01:33.720 align:start position:0% you're building a service you first you 00:01:33.720 --> 00:01:36.230 align:start position:0% you're building a service you first you put<00:01:33.920> up<00:01:34.079> a<00:01:34.200> server<00:01:34.680> and<00:01:34.799> you<00:01:34.920> serve<00:01:35.159> a<00:01:35.360> client 00:01:36.230 --> 00:01:36.240 align:start position:0% put up a server and you serve a client 00:01:36.240 --> 00:01:39.270 align:start position:0% put up a server and you serve a client and<00:01:36.399> if<00:01:36.479> you<00:01:36.640> have<00:01:36.960> five<00:01:37.600> clients<00:01:38.600> then<00:01:39.000> your 00:01:39.270 --> 00:01:39.280 align:start position:0% and if you have five clients then your 00:01:39.280 --> 00:01:42.630 align:start position:0% and if you have five clients then your server<00:01:39.880> will<00:01:40.119> serve<00:01:40.600> those<00:01:40.920> five<00:01:41.640> clients 00:01:42.630 --> 00:01:42.640 align:start position:0% server will serve those five clients 00:01:42.640 --> 00:01:45.310 align:start position:0% server will serve those five clients what<00:01:42.840> happens<00:01:43.200> if<00:01:43.320> you<00:01:43.600> have<00:01:43.880> five<00:01:44.399> 500<00:01:44.960> or 00:01:45.310 --> 00:01:45.320 align:start position:0% what happens if you have five 500 or 00:01:45.320 --> 00:01:48.709 align:start position:0% what happens if you have five 500 or 500,000<00:01:46.640> clients<00:01:47.640> then<00:01:47.960> that<00:01:48.119> becomes<00:01:48.439> a 00:01:48.709 --> 00:01:48.719 align:start position:0% 500,000 clients then that becomes a 00:01:48.719 --> 00:01:51.350 align:start position:0% 500,000 clients then that becomes a problem<00:01:49.719> and<00:01:50.200> there<00:01:50.320> are<00:01:50.560> normally<00:01:51.040> two 00:01:51.350 --> 00:01:51.360 align:start position:0% problem and there are normally two 00:01:51.360 --> 00:01:53.389 align:start position:0% problem and there are normally two things<00:01:51.640> that<00:01:51.759> can<00:01:52.000> happen<00:01:52.399> the<00:01:52.560> first<00:01:52.840> one<00:01:53.159> is 00:01:53.389 --> 00:01:53.399 align:start position:0% things that can happen the first one is 00:01:53.399 --> 00:01:56.550 align:start position:0% things that can happen the first one is that<00:01:53.880> your<00:01:54.079> server<00:01:54.560> will<00:01:54.840> just<00:01:55.200> burn<00:01:55.600> down<00:01:55.920> and 00:01:56.550 --> 00:01:56.560 align:start position:0% that your server will just burn down and 00:01:56.560 --> 00:01:59.389 align:start position:0% that your server will just burn down and crash<00:01:57.560> and<00:01:57.799> it<00:01:57.920> you<00:01:58.200> take<00:01:58.479> with<00:01:58.640> it<00:01:58.840> a<00:01:59.039> part<00:01:59.240> of 00:01:59.389 --> 00:01:59.399 align:start position:0% crash and it you take with it a part of 00:01:59.399 --> 00:02:01.990 align:start position:0% crash and it you take with it a part of the<00:01:59.520> internet<00:02:00.119> history<00:02:00.799> your<00:02:01.039> users<00:02:01.439> will<00:02:01.640> be 00:02:01.990 --> 00:02:02.000 align:start position:0% the internet history your users will be 00:02:02.000 --> 00:02:04.590 align:start position:0% the internet history your users will be abandoned<00:02:02.920> and<00:02:03.159> if<00:02:03.280> you<00:02:03.399> were<00:02:03.719> doing<00:02:04.159> any<00:02:04.360> sort 00:02:04.590 --> 00:02:04.600 align:start position:0% abandoned and if you were doing any sort 00:02:04.600 --> 00:02:08.070 align:start position:0% abandoned and if you were doing any sort of<00:02:04.840> public<00:02:05.479> good<00:02:06.479> then<00:02:06.759> that<00:02:06.920> will<00:02:07.119> be<00:02:07.360> just 00:02:08.070 --> 00:02:08.080 align:start position:0% of public good then that will be just 00:02:08.080 --> 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put a bunch of super servers<00:02:18.720> out<00:02:19.080> there<00:02:20.080> and<00:02:20.440> they<00:02:20.560> will<00:02:20.760> reach 00:02:20.949 --> 00:02:20.959 align:start position:0% servers out there and they will reach 00:02:20.959 --> 00:02:23.630 align:start position:0% servers out there and they will reach your<00:02:21.239> 500,000<00:02:22.040> users<00:02:22.959> but 00:02:23.630 --> 00:02:23.640 align:start position:0% your 500,000 users but 00:02:23.640 --> 00:02:26.949 align:start position:0% your 500,000 users but now<00:02:24.640> VCS<00:02:25.239> are<00:02:25.440> not<00:02:25.680> donors<00:02:26.280> so<00:02:26.480> when<00:02:26.640> they<00:02:26.840> give 00:02:26.949 --> 00:02:26.959 align:start position:0% now VCS are not donors so when they give 00:02:26.959 --> 00:02:29.030 align:start position:0% now VCS are not donors so when they give you<00:02:27.120> a<00:02:27.239> million<00:02:27.640> dollars<00:02:28.160> they<00:02:28.400> expect<00:02:28.879> a 00:02:29.030 --> 00:02:29.040 align:start position:0% you a million dollars they expect a 00:02:29.040 --> 00:02:31.910 align:start position:0% you a million dollars they expect a billion<00:02:29.400> dollars<00:02:29.959> back<00:02:30.400> somehow<00:02:31.400> and<00:02:31.599> since 00:02:31.910 --> 00:02:31.920 align:start position:0% billion dollars back somehow and since 00:02:31.920 --> 00:02:35.070 align:start position:0% billion dollars back somehow and since we<00:02:32.040> don't<00:02:32.400> have<00:02:32.760> any<00:02:33.680> like<00:02:33.959> easy<00:02:34.360> currency<00:02:34.920> on 00:02:35.070 --> 00:02:35.080 align:start position:0% we don't have any like easy currency on 00:02:35.080 --> 00:02:37.630 align:start position:0% we don't have any like easy currency on the<00:02:35.200> BL<00:02:35.560> on<00:02:35.760> the<00:02:36.080> on<00:02:36.239> the<00:02:36.400> internet<00:02:36.959> right<00:02:37.120> now 00:02:37.630 --> 00:02:37.640 align:start position:0% the BL on the on the internet right now 00:02:37.640 --> 00:02:40.430 align:start position:0% the BL on the on the internet right now the<00:02:37.920> easiest<00:02:38.480> most<00:02:38.800> accessible<00:02:39.400> currency<00:02:39.840> are 00:02:40.430 --> 00:02:40.440 align:start position:0% the easiest most accessible currency are 00:02:40.440 --> 00:02:43.790 align:start position:0% the easiest most accessible currency are eyeballs<00:02:41.440> and<00:02:41.720> also<00:02:42.680> by<00:02:42.800> the<00:02:42.920> way<00:02:43.080> we<00:02:43.239> have<00:02:43.519> all 00:02:43.790 --> 00:02:43.800 align:start position:0% eyeballs and also by the way we have all 00:02:43.800 --> 00:02:45.990 align:start position:0% eyeballs and also by the way we have all that<00:02:44.080> private<00:02:44.519> information<00:02:45.200> already<00:02:45.519> on<00:02:45.680> our 00:02:45.990 --> 00:02:46.000 align:start position:0% that private information already on our 00:02:46.000 --> 00:02:49.830 align:start position:0% that private information already on our server<00:02:46.760> so<00:02:47.519> let's<00:02:47.959> just<00:02:48.159> sell<00:02:48.640> everything<00:02:49.480> to 00:02:49.830 --> 00:02:49.840 align:start position:0% server so let's just sell everything to 00:02:49.840 --> 00:02:51.990 align:start position:0% server so let's just sell everything to advertisers<00:02:50.840> and<00:02:51.040> that's<00:02:51.239> how<00:02:51.360> we<00:02:51.560> get<00:02:51.840> where 00:02:51.990 --> 00:02:52.000 align:start position:0% advertisers and that's how we get where 00:02:52.000 --> 00:02:54.949 align:start position:0% advertisers and that's how we get where we<00:02:52.120> are<00:02:52.319> today<00:02:52.920> right<00:02:53.239> because<00:02:54.239> all<00:02:54.599> your 00:02:54.949 --> 00:02:54.959 align:start position:0% we are today right because all your 00:02:54.959 --> 00:02:57.190 align:start position:0% we are today right because all your users<00:02:55.640> are<00:02:55.920> just<00:02:56.280> products<00:02:56.720> that<00:02:56.879> you're 00:02:57.190 --> 00:02:57.200 align:start position:0% users are just products that you're 00:02:57.200 --> 00:03:00.790 align:start position:0% users are just products that you're selling<00:02:57.800> to<00:02:58.319> your<00:02:58.599> shareholders<00:02:59.319> on<00:02:59.480> your<00:02:59.640> ad 00:03:00.790 --> 00:03:00.800 align:start position:0% selling to your shareholders on your ad 00:03:00.800 --> 00:03:03.550 align:start position:0% selling to your shareholders on your ad advertisers<00:03:01.800> and<00:03:02.080> it<00:03:02.319> gets<00:03:02.599> even<00:03:02.920> weirder 00:03:03.550 --> 00:03:03.560 align:start position:0% advertisers and it gets even weirder 00:03:03.560 --> 00:03:05.830 align:start position:0% advertisers and it gets even weirder when<00:03:03.680> you<00:03:03.920> start<00:03:04.879> seeing<00:03:05.239> the<00:03:05.400> division<00:03:05.680> of 00:03:05.830 --> 00:03:05.840 align:start position:0% when you start seeing the division of 00:03:05.840 --> 00:03:08.190 align:start position:0% when you start seeing the division of labor<00:03:06.480> because<00:03:06.799> those<00:03:07.120> big<00:03:07.360> pink<00:03:07.680> guys<00:03:08.120> they 00:03:08.190 --> 00:03:08.200 align:start position:0% labor because those big pink guys they 00:03:08.200 --> 00:03:09.869 align:start position:0% labor because those big pink guys they are<00:03:08.400> there<00:03:08.599> to<00:03:08.720> serve<00:03:09.040> your<00:03:09.280> content<00:03:09.760> they 00:03:09.869 --> 00:03:09.879 align:start position:0% are there to serve your content they 00:03:09.879 --> 00:03:11.390 align:start position:0% are there to serve your content they keep<00:03:10.200> their<00:03:10.319> your<00:03:10.560> private<00:03:10.879> data<00:03:11.239> they 00:03:11.390 --> 00:03:11.400 align:start position:0% keep their your private data they 00:03:11.400 --> 00:03:13.670 align:start position:0% keep their your private data they connect<00:03:11.720> the<00:03:11.879> users<00:03:12.599> they<00:03:12.760> solve<00:03:13.120> any<00:03:13.280> sort<00:03:13.480> of 00:03:13.670 --> 00:03:13.680 align:start position:0% connect the users they solve any sort of 00:03:13.680 --> 00:03:16.710 align:start position:0% connect the users they solve any sort of conflicts<00:03:14.599> and<00:03:14.799> the<00:03:14.959> other<00:03:15.400> guys<00:03:15.799> here<00:03:16.519> they 00:03:16.710 --> 00:03:16.720 align:start position:0% conflicts and the other guys here they 00:03:16.720 --> 00:03:20.630 align:start position:0% conflicts and the other guys here they just<00:03:16.959> show<00:03:17.400> you<00:03:18.000> your<00:03:18.400> stuff<00:03:19.400> which<00:03:19.519> is<00:03:19.920> crazy 00:03:20.630 --> 00:03:20.640 align:start position:0% just show you your stuff which is crazy 00:03:20.640 --> 00:03:23.430 align:start position:0% just show you your stuff which is crazy because<00:03:21.640> the<00:03:21.840> computer<00:03:22.280> you<00:03:22.519> have<00:03:22.959> on<00:03:23.159> your 00:03:23.430 --> 00:03:23.440 align:start position:0% because the computer you have on your 00:03:23.440 --> 00:03:25.630 align:start position:0% because the computer you have on your pocket<00:03:23.959> right<00:03:24.120> now<00:03:24.440> is<00:03:24.599> probably<00:03:24.959> a<00:03:25.159> thousand 00:03:25.630 --> 00:03:25.640 align:start position:0% pocket right now is probably a thousand 00:03:25.640 --> 00:03:28.470 align:start position:0% pocket right now is probably a thousand or<00:03:25.840> a<00:03:26.000> million<00:03:26.480> times<00:03:26.840> more<00:03:27.280> powerful<00:03:28.280> than 00:03:28.470 --> 00:03:28.480 align:start position:0% or a million times more powerful than 00:03:28.480 --> 00:03:31.110 align:start position:0% or a million times more powerful than the<00:03:28.680> most<00:03:29.080> powerful<00:03:29.840> server<00:03:30.480> when<00:03:30.680> the<00:03:30.840> web 00:03:31.110 --> 00:03:31.120 align:start position:0% the most powerful server when the web 00:03:31.120 --> 00:03:33.710 align:start position:0% the most powerful server when the web was<00:03:31.680> created<00:03:32.680> and<00:03:32.879> I'm<00:03:33.120> I'm<00:03:33.239> talking<00:03:33.560> just 00:03:33.710 --> 00:03:33.720 align:start position:0% was created and I'm I'm talking just 00:03:33.720 --> 00:03:35.710 align:start position:0% was created and I'm I'm talking just about<00:03:34.080> one<00:03:34.519> device<00:03:34.840> you<00:03:34.959> have<00:03:35.080> in<00:03:35.200> your<00:03:35.400> pocket 00:03:35.710 --> 00:03:35.720 align:start position:0% about one device you have in your pocket 00:03:35.720 --> 00:03:39.030 align:start position:0% about one device you have in your pocket just<00:03:35.879> imagine<00:03:36.319> all<00:03:36.599> the<00:03:36.879> devices<00:03:37.599> that<00:03:37.840> you 00:03:39.030 --> 00:03:39.040 align:start position:0% just imagine all the devices that you 00:03:39.040 --> 00:03:42.030 align:start position:0% just imagine all the devices that you have<00:03:40.040> that<00:03:40.159> are<00:03:40.360> connected<00:03:40.879> to<00:03:41.080> you<00:03:41.720> and<00:03:41.840> it 00:03:42.030 --> 00:03:42.040 align:start position:0% have that are connected to you and it 00:03:42.040 --> 00:03:43.910 align:start position:0% have that are connected to you and it becomes<00:03:42.400> even<00:03:42.840> worse<00:03:43.319> when<00:03:43.439> you<00:03:43.599> start 00:03:43.910 --> 00:03:43.920 align:start position:0% becomes even worse when you start 00:03:43.920 --> 00:03:46.949 align:start position:0% becomes even worse when you start thinking<00:03:44.480> about<00:03:45.280> the<00:03:45.439> EOS<00:03:45.879> system<00:03:46.519> because 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build your reputation on Airbnb then 00:03:55.159 --> 00:03:57.270 align:start position:0% you build your reputation on Airbnb then that<00:03:55.360> reputation<00:03:55.840> is<00:03:56.000> locked<00:03:56.400> to<00:03:56.560> by<00:03:56.680> Airbnb 00:03:57.270 --> 00:03:57.280 align:start position:0% that reputation is locked to by Airbnb 00:03:57.280 --> 00:03:59.069 align:start position:0% that reputation is locked to by Airbnb you<00:03:57.400> cannot<00:03:57.720> take<00:03:57.879> it<00:03:58.159> elsewhere<00:03:58.760> unless 00:03:59.069 --> 00:03:59.079 align:start position:0% you cannot take it elsewhere unless 00:03:59.079 --> 00:04:01.869 align:start position:0% you cannot take it elsewhere unless Airbnb<00:03:59.879> wants<00:04:00.159> it<00:04:00.360> and<00:04:00.519> if<00:04:00.760> Facebook<00:04:01.640> and 00:04:01.869 --> 00:04:01.879 align:start position:0% Airbnb wants it and if Facebook and 00:04:01.879 --> 00:04:04.550 align:start position:0% Airbnb wants it and if Facebook and YouTube<00:04:02.319> doesn't<00:04:02.640> want<00:04:02.920> to<00:04:03.280> to<00:04:03.480> work<00:04:03.920> together 00:04:04.550 --> 00:04:04.560 align:start position:0% YouTube doesn't want to to work together 00:04:04.560 --> 00:04:06.270 align:start position:0% YouTube doesn't want to to work together they<00:04:04.680> want<00:04:05.079> if<00:04:05.200> it<00:04:05.519> doesn't<00:04:05.760> make<00:04:05.920> sense<00:04:06.120> for 00:04:06.270 --> 00:04:06.280 align:start position:0% they want if it doesn't make sense for 00:04:06.280 --> 00:04:08.830 align:start position:0% they want if it doesn't make sense for them<00:04:06.400> to<00:04:06.560> work<00:04:06.879> together<00:04:07.239> they<00:04:07.360> want<00:04:08.280> so 00:04:08.830 --> 00:04:08.840 align:start position:0% them to work together they want so 00:04:08.840 --> 00:04:11.589 align:start position:0% them to work together they want so that's<00:04:09.360> that's<00:04:09.920> how<00:04:10.400> that's<00:04:10.640> the<00:04:11.000> problem<00:04:11.439> we 00:04:11.589 --> 00:04:11.599 align:start position:0% that's that's how that's the problem we 00:04:11.599 --> 00:04:14.509 align:start position:0% that's that's how that's the problem we see<00:04:11.799> on<00:04:11.959> the<00:04:12.120> internet<00:04:12.799> right<00:04:12.959> now<00:04:13.920> and<00:04:14.319> the 00:04:14.509 --> 00:04:14.519 align:start position:0% see on the internet right now and the 00:04:14.519 --> 00:04:17.310 align:start position:0% see on the internet right now and the way<00:04:15.360> theum<00:04:15.840> really<00:04:16.000> tries<00:04:16.239> to<00:04:16.440> solve<00:04:16.759> it<00:04:16.959> is<00:04:17.079> to 00:04:17.310 --> 00:04:17.320 align:start position:0% way theum really tries to solve it is to 00:04:17.320 --> 00:04:20.430 align:start position:0% way theum really tries to solve it is to distrib<00:04:18.199> distribute<00:04:18.880> all<00:04:19.199> the<00:04:19.639> tasks<00:04:20.239> right 00:04:20.430 --> 00:04:20.440 align:start position:0% distrib distribute all the tasks right 00:04:20.440 --> 00:04:23.909 align:start position:0% distrib distribute all the tasks right so<00:04:20.919> files<00:04:21.320> are<00:04:21.519> served<00:04:21.959> by<00:04:22.160> anyone<00:04:22.560> in<00:04:22.919> swarm 00:04:23.909 --> 00:04:23.919 align:start position:0% so files are served by anyone in swarm 00:04:23.919 --> 00:04:27.950 align:start position:0% so files are served by anyone in swarm and<00:04:24.160> your<00:04:24.479> apps<00:04:24.840> are<00:04:25.600> all<00:04:26.600> and<00:04:27.000> all<00:04:27.479> all<00:04:27.720> the 00:04:27.950 --> 00:04:27.960 align:start position:0% and your apps are all and all all the 00:04:27.960 --> 00:04:31.510 align:start position:0% and your apps are all and all all the apps<00:04:28.199> that<00:04:28.400> reach<00:04:29.160> need<00:04:29.360> consens<00:04:29.720> SS<00:04:30.240> are<00:04:30.680> just 00:04:31.510 --> 00:04:31.520 align:start position:0% apps that reach need consens SS are just 00:04:31.520 --> 00:04:34.110 align:start position:0% apps that reach need consens SS are just run<00:04:31.919> on<00:04:32.240> every<00:04:32.520> one<00:04:32.800> of<00:04:32.960> the<00:04:33.120> no<00:04:33.520> of<00:04:33.639> the<00:04:33.759> full 00:04:34.110 --> 00:04:34.120 align:start position:0% run on every one of the no of the full 00:04:34.120 --> 00:04:36.830 align:start position:0% run on every one of the no of the full nodes<00:04:35.120> and<00:04:35.360> that's<00:04:35.600> how<00:04:35.720> we<00:04:35.919> got<00:04:36.280> it<00:04:36.479> here 00:04:36.830 --> 00:04:36.840 align:start position:0% nodes and that's how we got it here 00:04:36.840 --> 00:04:39.270 align:start position:0% nodes and that's how we got it here where<00:04:36.960> we<00:04:37.080> are<00:04:37.320> today<00:04:38.320> and<00:04:38.479> we<00:04:38.639> launched<00:04:39.080> this 00:04:39.270 --> 00:04:39.280 align:start position:0% where we are today and we launched this 00:04:39.280 --> 00:04:43.150 align:start position:0% where we are today and we launched this at<00:04:39.440> Devcon<00:04:39.919> zero<00:04:40.320> with<00:04:40.680> just<00:04:41.520> like<00:04:42.520> uh<00:04:42.919> with 00:04:43.150 --> 00:04:43.160 align:start position:0% at Devcon zero with just like uh with 00:04:43.160 --> 00:04:45.310 align:start position:0% at Devcon zero with just like uh with just<00:04:43.400> console<00:04:43.960> which<00:04:44.280> just<00:04:44.560> very<00:04:44.880> develop 00:04:45.310 --> 00:04:45.320 align:start position:0% just console which just very develop 00:04:45.320 --> 00:04:48.150 align:start position:0% just console which just very develop developer<00:04:45.880> oriented<00:04:46.840> it's<00:04:47.000> like<00:04:47.199> the<00:04:47.360> Doos 00:04:48.150 --> 00:04:48.160 align:start position:0% developer oriented it's like the Doos 00:04:48.160 --> 00:04:51.629 align:start position:0% developer oriented it's like the Doos era<00:04:49.120> so<00:04:49.720> before<00:04:50.440> before<00:04:50.680> Doos<00:04:51.199> came<00:04:51.360> along 00:04:51.629 --> 00:04:51.639 align:start position:0% era so before before Doos came along 00:04:51.639 --> 00:04:53.230 align:start position:0% era so before before Doos came along whenever<00:04:51.919> you<00:04:52.039> wanted<00:04:52.320> to<00:04:52.479> build<00:04:52.919> a<00:04:53.039> new 00:04:53.230 --> 00:04:53.240 align:start position:0% whenever you wanted to build a new 00:04:53.240 --> 00:04:55.110 align:start position:0% whenever you wanted to build a new software<00:04:53.680> you<00:04:53.800> had<00:04:53.960> out<00:04:54.280> to<00:04:54.400> build<00:04:54.759> a<00:04:54.880> new 00:04:55.110 --> 00:04:55.120 align:start position:0% software you had out to build a new 00:04:55.120 --> 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thing<00:05:02.600> with<00:05:02.919> theum<00:05:03.320> tools<00:05:03.919> where<00:05:04.240> now<00:05:04.440> as<00:05:04.560> a 00:05:04.710 --> 00:05:04.720 align:start position:0% thing with theum tools where now as a 00:05:04.720 --> 00:05:07.430 align:start position:0% thing with theum tools where now as a developer<00:05:05.240> you<00:05:05.360> can<00:05:05.600> build<00:05:06.039> blockchain<00:05:06.600> apps 00:05:07.430 --> 00:05:07.440 align:start position:0% developer you can build blockchain apps 00:05:07.440 --> 00:05:10.310 align:start position:0% developer you can build blockchain apps just<00:05:07.759> for<00:05:08.680> all<00:05:09.320> you<00:05:09.479> don't<00:05:09.759> you<00:05:09.840> don't<00:05:10.000> need<00:05:10.160> to 00:05:10.310 --> 00:05:10.320 align:start position:0% just for all you don't you don't need to 00:05:10.320 --> 00:05:12.469 align:start position:0% just for all you don't you don't need to build<00:05:10.680> your<00:05:10.880> own<00:05:11.199> blockchain<00:05:11.639> for<00:05:11.840> that<00:05:12.320> but 00:05:12.469 --> 00:05:12.479 align:start position:0% build your own blockchain for that but 00:05:12.479 --> 00:05:14.550 align:start position:0% build your own blockchain for that but there's<00:05:12.720> no<00:05:12.919> graphic<00:05:13.320> interface<00:05:14.039> it<00:05:14.199> requires 00:05:14.550 --> 00:05:14.560 align:start position:0% there's no graphic interface it requires 00:05:14.560 --> 00:05:16.830 align:start position:0% there's no graphic interface it requires the<00:05:14.680> phone<00:05:14.919> download<00:05:15.880> and<00:05:16.039> then<00:05:16.240> in<00:05:16.400> Devcon 00:05:16.830 --> 00:05:16.840 align:start position:0% the phone download and then in Devcon 00:05:16.840 --> 00:05:18.909 align:start position:0% the phone download and then in Devcon one<00:05:17.199> last<00:05:17.479> year<00:05:17.840> we<00:05:18.080> were<00:05:18.319> talking<00:05:18.639> and<00:05:18.800> we 00:05:18.909 --> 00:05:18.919 align:start position:0% one last year we were talking and we 00:05:18.919 --> 00:05:21.230 align:start position:0% one last year we were talking and we launched<00:05:19.240> the<00:05:19.680> wallet<00:05:20.440> and<00:05:20.560> I<00:05:20.680> think<00:05:20.960> it's<00:05:21.080> a 00:05:21.230 --> 00:05:21.240 align:start position:0% launched the wallet and I think it's a 00:05:21.240 --> 00:05:22.909 align:start position:0% launched the wallet and I think it's a great<00:05:21.479> tool<00:05:21.759> it's<00:05:21.880> an<00:05:22.039> advanced<00:05:22.479> tool<00:05:22.680> for 00:05:22.909 --> 00:05:22.919 align:start position:0% great tool it's an advanced tool for 00:05:22.919 --> 00:05:24.950 align:start position:0% great tool it's an advanced tool for Specialists<00:05:23.680> and<00:05:23.840> I<00:05:23.960> like<00:05:24.120> to<00:05:24.280> think<00:05:24.520> it<00:05:24.720> of 00:05:24.950 --> 00:05:24.960 align:start position:0% Specialists and I like to think it of 00:05:24.960 --> 00:05:29.189 align:start position:0% Specialists and I like to think it of more<00:05:25.600> like<00:05:25.840> physical<00:05:26.479> correct<00:05:27.120> so<00:05:28.199> also 00:05:29.189 --> 00:05:29.199 align:start position:0% more like physical correct so also 00:05:29.199 --> 00:05:31.790 align:start position:0% more like physical correct so also taking<00:05:29.479> the<00:05:29.720> personal<00:05:30.080> computer<00:05:30.919> example 00:05:31.790 --> 00:05:31.800 align:start position:0% taking the personal computer example 00:05:31.800 --> 00:05:33.749 align:start position:0% taking the personal computer example back<00:05:32.080> then<00:05:32.400> if<00:05:32.520> you<00:05:32.680> were<00:05:32.880> an<00:05:33.120> accountant<00:05:33.639> if 00:05:33.749 --> 00:05:33.759 align:start position:0% back then if you were an accountant if 00:05:33.759 --> 00:05:35.790 align:start position:0% back then if you were an accountant if you<00:05:33.880> wanted<00:05:34.160> to<00:05:34.280> do<00:05:34.560> spreadsheets<00:05:35.400> you<00:05:35.520> would 00:05:35.790 --> 00:05:35.800 align:start position:0% you wanted to do spreadsheets you would 00:05:35.800 --> 00:05:37.950 align:start position:0% you wanted to do spreadsheets you would take<00:05:36.080> Excel<00:05:36.440> or<00:05:36.680> visal<00:05:37.199> and<00:05:37.360> you<00:05:37.479> didn't<00:05:37.800> need 00:05:37.950 --> 00:05:37.960 align:start position:0% take Excel or visal and you didn't need 00:05:37.960 --> 00:05:40.270 align:start position:0% take Excel or visal and you didn't need to<00:05:38.080> be<00:05:38.240> a<00:05:38.360> developer<00:05:38.919> anymore<00:05:39.720> but<00:05:39.840> you<00:05:40.039> still 00:05:40.270 --> 00:05:40.280 align:start position:0% to be a developer anymore but you still 00:05:40.280 --> 00:05:42.670 align:start position:0% to be a developer anymore but you still needed<00:05:40.639> to<00:05:40.759> be<00:05:41.000> someone<00:05:41.520> who<00:05:41.720> wanted<00:05:42.120> to<00:05:42.319> use 00:05:42.670 --> 00:05:42.680 align:start position:0% needed to be someone who wanted to use 00:05:42.680 --> 00:05:43.990 align:start position:0% needed to be someone who wanted to use specialized 00:05:43.990 --> 00:05:44.000 align:start position:0% specialized 00:05:44.000 --> 00:05:46.950 align:start position:0% specialized software<00:05:45.000> because<00:05:45.479> what<00:05:45.840> the<00:05:46.080> wallet<00:05:46.520> does<00:05:46.800> is 00:05:46.950 --> 00:05:46.960 align:start position:0% software because what the wallet does is 00:05:46.960 --> 00:05:49.189 align:start position:0% software because what the wallet does is that<00:05:47.080> it<00:05:47.240> builds<00:05:47.720> Dynamic<00:05:48.199> interfaces<00:05:48.960> for 00:05:49.189 --> 00:05:49.199 align:start position:0% that it builds Dynamic interfaces for 00:05:49.199 --> 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order<00:05:57.120> to<00:05:57.639> use<00:05:57.919> it<00:05:58.800> and<00:05:59.120> that's<00:05:59.479> how<00:05:59.639> how<00:05:59.759> we 00:05:59.870 --> 00:05:59.880 align:start position:0% in order to use it and that's how how we 00:05:59.880 --> 00:06:03.309 align:start position:0% in order to use it and that's how how we got<00:06:00.080> to<00:06:00.240> miss<00:06:00.759> here<00:06:00.960> at<00:06:01.120> Devon<00:06:01.840> Chu<00:06:02.840> it's<00:06:03.039> meant 00:06:03.309 --> 00:06:03.319 align:start position:0% got to miss here at Devon Chu it's meant 00:06:03.319 --> 00:06:05.629 align:start position:0% got to miss here at Devon Chu it's meant for<00:06:03.560> the<00:06:03.680> Enthusiast<00:06:04.280> users<00:06:04.800> and<00:06:04.960> by<00:06:05.120> that<00:06:05.479> I 00:06:05.629 --> 00:06:05.639 align:start position:0% for the Enthusiast users and by that I 00:06:05.639 --> 00:06:07.589 align:start position:0% for the Enthusiast users and by that I want<00:06:05.840> you<00:06:06.000> to<00:06:06.120> think<00:06:06.360> Netscape<00:06:06.880> Navigator<00:06:07.360> or 00:06:07.589 --> 00:06:07.599 align:start position:0% want you to think Netscape Navigator or 00:06:07.599 --> 00:06:10.670 align:start position:0% want you to think Netscape Navigator or Firefox<00:06:08.240> in<00:06:08.360> the<00:06:08.520> sense<00:06:08.960> that<00:06:09.960> when<00:06:10.160> they<00:06:10.360> came 00:06:10.670 --> 00:06:10.680 align:start position:0% Firefox in the sense that when they came 00:06:10.680 --> 00:06:12.550 align:start position:0% Firefox in the sense that when they came they<00:06:10.840> weren't<00:06:11.160> for<00:06:11.440> everyone<00:06:11.880> but<00:06:12.039> they 00:06:12.550 --> 00:06:12.560 align:start position:0% they weren't for everyone but they 00:06:12.560 --> 00:06:15.270 align:start position:0% they weren't for everyone but they really<00:06:13.080> were<00:06:13.800> they<00:06:14.000> really<00:06:14.280> helped<00:06:14.720> broaden 00:06:15.270 --> 00:06:15.280 align:start position:0% really were they really helped broaden 00:06:15.280 --> 00:06:17.710 align:start position:0% really were they really helped broaden the<00:06:15.599> rizons<00:06:16.120> of<00:06:16.319> the<00:06:16.520> types<00:06:16.800> of<00:06:17.000> users<00:06:17.520> that 00:06:17.710 --> 00:06:17.720 align:start position:0% the rizons of the types of users that 00:06:17.720 --> 00:06:20.150 align:start position:0% the rizons of the types of users that were<00:06:18.120> using<00:06:18.520> the<00:06:18.720> web<00:06:19.120> back<00:06:19.360> then<00:06:19.880> and<00:06:20.000> the 00:06:20.150 --> 00:06:20.160 align:start position:0% were using the web back then and the 00:06:20.160 --> 00:06:23.110 align:start position:0% were using the web back then and the idea<00:06:20.479> is<00:06:20.599> that<00:06:20.800> we<00:06:21.280> bring<00:06:21.599> the<00:06:21.759> full<00:06:22.199> power<00:06:22.800> of 00:06:23.110 --> 00:06:23.120 align:start position:0% idea is that we bring the full power of 00:06:23.120 --> 00:06:26.510 align:start position:0% idea is that we bring the full power of web<00:06:23.560> interfaces<00:06:24.560> into<00:06:24.960> smart<00:06:25.400> contracts<00:06:26.240> or 00:06:26.510 --> 00:06:26.520 align:start position:0% web interfaces into smart contracts or 00:06:26.520 --> 00:06:29.270 align:start position:0% web interfaces into smart contracts or you<00:06:26.680> could<00:06:26.880> say<00:06:27.280> vice<00:06:27.720> versa<00:06:28.720> and<00:06:28.880> it<00:06:29.000> has<00:06:29.160> a 00:06:29.270 --> 00:06:29.280 align:start position:0% you could say vice versa and it has a 00:06:29.280 --> 00:06:31.830 align:start position:0% you could say vice versa and it has a light<00:06:29.639> client<00:06:30.319> so<00:06:30.840> it<00:06:31.000> doesn't<00:06:31.440> it<00:06:31.560> won't 00:06:31.830 --> 00:06:31.840 align:start position:0% light client so it doesn't it won't 00:06:31.840 --> 00:06:33.830 align:start position:0% light client so it doesn't it won't require<00:06:32.280> a<00:06:32.360> full<00:06:32.639> blockchain<00:06:33.080> download<00:06:33.680> and 00:06:33.830 --> 00:06:33.840 align:start position:0% require a full blockchain download and 00:06:33.840 --> 00:06:35.510 align:start position:0% require a full blockchain download and we<00:06:33.960> are<00:06:34.160> doing<00:06:34.479> some<00:06:34.759> creative<00:06:35.199> ways<00:06:35.400> of 00:06:35.510 --> 00:06:35.520 align:start position:0% we are doing some creative ways of 00:06:35.520 --> 00:06:39.629 align:start position:0% we are doing some creative ways of funding<00:06:36.319> so<00:06:36.520> let's<00:06:37.120> look<00:06:37.360> at<00:06:37.759> how<00:06:38.039> it<00:06:38.240> looks 00:06:39.629 --> 00:06:39.639 align:start position:0% funding so let's look at how it looks 00:06:39.639 --> 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align:start position:0% here we have M being launched and this is<00:06:48.599> a<00:06:48.960> this<00:06:49.080> is<00:06:49.160> a<00:06:49.400> recording<00:06:50.039> unedited<00:06:51.039> and 00:06:51.309 --> 00:06:51.319 align:start position:0% is a this is a recording unedited and 00:06:51.319 --> 00:06:53.629 align:start position:0% is a this is a recording unedited and what<00:06:51.440> you<00:06:51.560> can<00:06:51.720> see<00:06:52.000> there<00:06:52.280> is<00:06:52.599> I'm<00:06:53.080> it<00:06:53.400> it's 00:06:53.629 --> 00:06:53.639 align:start position:0% what you can see there is I'm it it's 00:06:53.639 --> 00:06:55.430 align:start position:0% what you can see there is I'm it it's connecting<00:06:54.080> for<00:06:54.280> the<00:06:54.599> for<00:06:54.720> the<00:06:54.880> first<00:06:55.120> time<00:06:55.280> so 00:06:55.430 --> 00:06:55.440 align:start position:0% connecting for the for the first time so 00:06:55.440 --> 00:06:57.309 align:start position:0% connecting for the for the first time so I<00:06:55.560> choose<00:06:55.759> the<00:06:55.879> main<00:06:56.080> Network<00:06:56.759> you<00:06:56.919> can<00:06:57.199> you 00:06:57.309 --> 00:06:57.319 align:start position:0% I choose the main Network you can you 00:06:57.319 --> 00:06:59.189 align:start position:0% I choose the main Network you can you can<00:06:57.479> download<00:06:57.840> your<00:06:57.960> pre-sale<00:06:58.440> wallet<00:06:59.080> and 00:06:59.189 --> 00:06:59.199 align:start position:0% can download your pre-sale wallet and 00:06:59.199 --> 00:07:01.150 align:start position:0% can download your pre-sale wallet and then<00:06:59.280> you<00:06:59.599> create<00:06:59.840> your<00:07:00.039> password<00:07:00.440> so<00:07:00.680> M<00:07:00.960> will 00:07:01.150 --> 00:07:01.160 align:start position:0% then you create your password so M will 00:07:01.160 --> 00:07:02.990 align:start position:0% then you create your password so M will take<00:07:01.400> you<00:07:01.599> to<00:07:01.800> the<00:07:02.000> steps<00:07:02.400> necessary<00:07:02.840> to 00:07:02.990 --> 00:07:03.000 align:start position:0% take you to the steps necessary to 00:07:03.000 --> 00:07:05.909 align:start position:0% take you to the steps necessary to create<00:07:03.280> your<00:07:03.720> account<00:07:04.720> and<00:07:05.199> once<00:07:05.440> you<00:07:05.599> create 00:07:05.909 --> 00:07:05.919 align:start position:0% create your account and once you create 00:07:05.919 --> 00:07:07.150 align:start position:0% create your account and once you create your 00:07:07.150 --> 00:07:07.160 align:start position:0% your 00:07:07.160 --> 00:07:10.189 align:start position:0% your account<00:07:08.160> it<00:07:08.319> will<00:07:08.720> generate<00:07:09.160> an<00:07:09.440> ident<00:07:09.919> icon 00:07:10.189 --> 00:07:10.199 align:start position:0% account it will generate an ident icon 00:07:10.199 --> 00:07:12.589 align:start position:0% account it will generate an ident icon to<00:07:10.360> you<00:07:10.560> and<00:07:10.680> you<00:07:10.800> can<00:07:11.039> start<00:07:11.560> also<00:07:11.919> funding<00:07:12.400> it 00:07:12.589 --> 00:07:12.599 align:start position:0% to you and you can start also funding it 00:07:12.599 --> 00:07:14.990 align:start position:0% to you and you can start also funding it you<00:07:12.720> can<00:07:12.919> fund<00:07:13.240> it<00:07:13.360> with<00:07:13.560> Bitcoin<00:07:14.199> or<00:07:14.520> or<00:07:14.759> any 00:07:14.990 --> 00:07:15.000 align:start position:0% you can fund it with Bitcoin or or any 00:07:15.000 --> 00:07:17.270 align:start position:0% you can fund it with Bitcoin or or any sort<00:07:15.280> of<00:07:15.560> order<00:07:15.919> cryptocurrency<00:07:16.919> and<00:07:17.039> we<00:07:17.120> are 00:07:17.270 --> 00:07:17.280 align:start position:0% sort of order cryptocurrency and we are 00:07:17.280 --> 00:07:18.749 align:start position:0% sort of order cryptocurrency and we are working<00:07:17.560> with<00:07:17.759> coinbase<00:07:18.280> at<00:07:18.440> some<00:07:18.599> point 00:07:18.749 --> 00:07:18.759 align:start position:0% working with coinbase at some point 00:07:18.759 --> 00:07:20.589 align:start position:0% working with coinbase at some point you'll<00:07:18.919> be<00:07:19.039> able<00:07:19.199> to<00:07:19.280> fund<00:07:19.560> it<00:07:20.000> with<00:07:20.120> a<00:07:20.240> credit 00:07:20.589 --> 00:07:20.599 align:start position:0% you'll be able to fund it with a credit 00:07:20.599 --> 00:07:23.110 align:start position:0% you'll be able to fund it with a credit card<00:07:21.199> and<00:07:21.319> all<00:07:21.479> you<00:07:21.599> need<00:07:21.720> to<00:07:21.840> do<00:07:22.000> is<00:07:22.199> deposit 00:07:23.110 --> 00:07:23.120 align:start position:0% card and all you need to do is deposit 00:07:23.120 --> 00:07:25.390 align:start position:0% card and all you need to do is deposit and<00:07:23.360> all<00:07:24.000> meanwhile<00:07:24.639> while<00:07:24.800> you're<00:07:25.000> doing 00:07:25.390 --> 00:07:25.400 align:start position:0% and all meanwhile while you're doing 00:07:25.400 --> 00:07:27.390 align:start position:0% and all meanwhile while you're doing this<00:07:25.759> it's<00:07:26.080> already<00:07:26.479> downloading<00:07:27.080> it's 00:07:27.390 --> 00:07:27.400 align:start position:0% this it's already downloading it's 00:07:27.400 --> 00:07:29.629 align:start position:0% this it's already downloading it's download<00:07:28.280> downloading<00:07:28.720> already<00:07:29.039> more<00:07:29.240> than 00:07:29.629 --> 00:07:29.639 align:start position:0% download downloading already more than 00:07:29.639 --> 00:07:32.790 align:start position:0% download downloading already more than half<00:07:29.879> of<00:07:30.039> the<00:07:30.240> whole<00:07:30.479> chain<00:07:31.319> and<00:07:31.560> if<00:07:31.680> you<00:07:31.879> still 00:07:32.790 --> 00:07:32.800 align:start position:0% half of the whole chain and if you still 00:07:32.800 --> 00:07:34.550 align:start position:0% half of the whole chain and if you still if<00:07:33.039> it's<00:07:33.199> still<00:07:33.400> not<00:07:33.639> enough<00:07:34.000> we<00:07:34.120> can<00:07:34.319> like 00:07:34.550 --> 00:07:34.560 align:start position:0% if it's still not enough we can like 00:07:34.560 --> 00:07:36.270 align:start position:0% if it's still not enough we can like offer<00:07:34.879> you<00:07:35.400> a<00:07:35.520> little<00:07:35.680> bit<00:07:35.840> of<00:07:35.919> reading 00:07:36.270 --> 00:07:36.280 align:start position:0% offer you a little bit of reading 00:07:36.280 --> 00:07:38.749 align:start position:0% offer you a little bit of reading material<00:07:36.720> so<00:07:36.919> you<00:07:37.039> can<00:07:37.560> try<00:07:37.800> to<00:07:38.520> understand 00:07:38.749 --> 00:07:38.759 align:start position:0% material so you can try to understand 00:07:38.759 --> 00:07:41.029 align:start position:0% material so you can try to understand more<00:07:39.000> about<00:07:39.240> etherum<00:07:39.720> on<00:07:39.879> the<00:07:40.000> meantime<00:07:40.840> so 00:07:41.029 --> 00:07:41.039 align:start position:0% more about etherum on the meantime so 00:07:41.039 --> 00:07:43.670 align:start position:0% more about etherum on the meantime so for<00:07:41.199> example<00:07:41.840> we<00:07:42.039> can<00:07:42.560> let's<00:07:42.800> learn<00:07:43.240> about<00:07:43.560> how 00:07:43.670 --> 00:07:43.680 align:start position:0% for example we can let's learn about how 00:07:43.680 --> 00:07:45.589 align:start position:0% for example we can let's learn about how to<00:07:43.800> build<00:07:44.039> a<00:07:44.159> democracy<00:07:44.639> on<00:07:44.759> the<00:07:44.879> blockchain 00:07:45.589 --> 00:07:45.599 align:start position:0% to build a democracy on the blockchain 00:07:45.599 --> 00:07:47.230 align:start position:0% to build a democracy on the blockchain that's<00:07:45.879> I<00:07:46.000> love<00:07:46.199> this<00:07:46.360> phrase<00:07:46.720> over<00:07:46.960> there 00:07:47.230 --> 00:07:47.240 align:start position:0% that's I love this phrase over there 00:07:47.240 --> 00:07:48.909 align:start position:0% that's I love this phrase over there which<00:07:47.400> is<00:07:47.560> on<00:07:47.720> the<00:07:47.840> blockchain<00:07:48.360> no<00:07:48.479> one<00:07:48.639> knows 00:07:48.909 --> 00:07:48.919 align:start position:0% which is on the blockchain no one knows 00:07:48.919 --> 00:07:51.589 align:start position:0% which is on the blockchain no one knows you<00:07:49.080> are<00:07:49.240> fridge<00:07:50.240> but<00:07:50.560> we<00:07:50.680> don't<00:07:50.919> have<00:07:51.199> time<00:07:51.440> to 00:07:51.589 --> 00:07:51.599 align:start position:0% you are fridge but we don't have time to 00:07:51.599 --> 00:07:53.710 align:start position:0% you are fridge but we don't have time to read<00:07:51.960> this<00:07:52.520> I'm<00:07:52.639> not<00:07:52.800> going<00:07:53.000> to<00:07:53.159> talk<00:07:53.400> about 00:07:53.710 --> 00:07:53.720 align:start position:0% read this I'm not going to talk about 00:07:53.720 --> 00:07:55.230 align:start position:0% read this I'm not going to talk about Dows<00:07:54.199> right<00:07:54.319> now<00:07:54.440> or<00:07:54.599> democracy<00:07:55.039> on<00:07:55.120> the 00:07:55.230 --> 00:07:55.240 align:start position:0% Dows right now or democracy on the 00:07:55.240 --> 00:07:57.270 align:start position:0% Dows right now or democracy on the blockchains<00:07:55.960> so<00:07:56.120> you<00:07:56.280> close<00:07:56.560> it<00:07:56.840> and<00:07:57.039> it's 00:07:57.270 --> 00:07:57.280 align:start position:0% blockchains so you close it and it's 00:07:57.280 --> 00:07:59.029 align:start position:0% blockchains so you close it and it's there<00:07:57.720> it's<00:07:57.879> launched<00:07:58.400> it<00:07:58.520> has<00:07:58.759> already 00:07:59.029 --> 00:07:59.039 align:start position:0% there it's launched it has already 00:07:59.039 --> 00:08:01.710 align:start position:0% there it's launched it has already synced<00:07:59.800> so<00:08:00.039> in<00:08:00.240> less<00:08:00.479> than<00:08:00.680> 1<00:08:00.879> minute<00:08:01.120> and<00:08:01.319> 30 00:08:01.710 --> 00:08:01.720 align:start position:0% synced so in less than 1 minute and 30 00:08:01.720 --> 00:08:03.629 align:start position:0% synced so in less than 1 minute and 30 second<00:08:02.159> and<00:08:02.400> of<00:08:02.520> course<00:08:02.720> it<00:08:02.840> will<00:08:03.120> depend<00:08:03.479> on 00:08:03.629 --> 00:08:03.639 align:start position:0% second and of course it will depend on 00:08:03.639 --> 00:08:06.390 align:start position:0% second and of course it will depend on some<00:08:03.840> other<00:08:04.120> factors<00:08:04.840> we<00:08:04.960> were<00:08:05.280> able<00:08:05.560> to<00:08:05.800> think 00:08:06.390 --> 00:08:06.400 align:start position:0% some other factors we were able to think 00:08:06.400 --> 00:08:08.790 align:start position:0% some other factors we were able to think from<00:08:06.680> scratch<00:08:07.080> in<00:08:07.199> a<00:08:07.319> clean<00:08:07.680> machine<00:08:08.479> and<00:08:08.639> you 00:08:08.790 --> 00:08:08.800 align:start position:0% from scratch in a clean machine and you 00:08:08.800 --> 00:08:12.189 align:start position:0% from scratch in a clean machine and you can<00:08:09.039> start<00:08:09.400> using<00:08:09.720> ethereum<00:08:10.360> right<00:08:10.680> now<00:08:11.680> and 00:08:12.189 --> 00:08:12.199 align:start position:0% can start using ethereum right now and 00:08:12.199 --> 00:08:14.710 align:start position:0% can start using ethereum right now and that's<00:08:12.680> the<00:08:12.840> main<00:08:13.159> ad<00:08:13.680> and<00:08:13.879> I<00:08:13.960> want<00:08:14.360> now<00:08:14.520> to 00:08:14.710 --> 00:08:14.720 align:start position:0% that's the main ad and I want now to 00:08:14.720 --> 00:08:16.909 align:start position:0% that's the main ad and I want now to switch<00:08:15.039> to<00:08:15.240> the<00:08:15.479> test<00:08:15.720> net<00:08:15.919> to<00:08:16.080> show<00:08:16.360> you<00:08:16.599> some 00:08:16.909 --> 00:08:16.919 align:start position:0% switch to the test net to show you some 00:08:16.919 --> 00:08:19.869 align:start position:0% switch to the test net to show you some other<00:08:17.319> very<00:08:17.560> cool<00:08:17.919> stuff<00:08:18.560> right<00:08:19.199> so<00:08:19.520> this<00:08:19.680> is 00:08:19.869 --> 00:08:19.879 align:start position:0% other very cool stuff right so this is 00:08:19.879 --> 00:08:22.110 align:start position:0% other very cool stuff right so this is the<00:08:20.080> tum<00:08:20.440> wallet<00:08:21.039> I<00:08:21.120> think<00:08:21.400> most<00:08:21.599> of<00:08:21.759> you<00:08:21.960> have 00:08:22.110 --> 00:08:22.120 align:start position:0% the tum wallet I think most of you have 00:08:22.120 --> 00:08:24.550 align:start position:0% the tum wallet I think most of you have used<00:08:22.440> it<00:08:22.599> at<00:08:22.720> some<00:08:22.960> point<00:08:23.599> it's<00:08:23.840> really<00:08:24.080> meant 00:08:24.550 --> 00:08:24.560 align:start position:0% used it at some point it's really meant 00:08:24.560 --> 00:08:27.749 align:start position:0% used it at some point it's really meant to<00:08:24.879> help<00:08:25.240> you<00:08:25.560> use<00:08:25.879> Smart<00:08:26.319> contracts<00:08:27.319> so<00:08:27.599> I 00:08:27.749 --> 00:08:27.759 align:start position:0% to help you use Smart contracts so I 00:08:27.759 --> 00:08:30.350 align:start position:0% to help you use Smart contracts so I created<00:08:28.440> a<00:08:28.720> a<00:08:28.840> smart<00:08:29.159> contract<00:08:29.759> that<00:08:30.039> that<00:08:30.159> is 00:08:30.350 --> 00:08:30.360 align:start position:0% created a a smart contract that that is 00:08:30.360 --> 00:08:32.670 align:start position:0% created a a smart contract that that is called<00:08:30.800> donut<00:08:31.280> coins<00:08:31.720> which<00:08:31.840> is<00:08:32.080> just<00:08:32.360> just<00:08:32.479> a 00:08:32.670 --> 00:08:32.680 align:start position:0% called donut coins which is just just a 00:08:32.680 --> 00:08:34.389 align:start position:0% called donut coins which is just just a token<00:08:32.959> that<00:08:33.080> you<00:08:33.240> send<00:08:33.560> around<00:08:33.880> and<00:08:34.039> I<00:08:34.120> want<00:08:34.279> to 00:08:34.389 --> 00:08:34.399 align:start position:0% token that you send around and I want to 00:08:34.399 --> 00:08:37.790 align:start position:0% token that you send around and I want to send<00:08:35.159> five<00:08:35.399> donut<00:08:35.800> coins<00:08:36.080> to<00:08:36.240> a<00:08:36.360> friend<00:08:37.200> now 00:08:37.790 --> 00:08:37.800 align:start position:0% send five donut coins to a friend now 00:08:37.800 --> 00:08:39.630 align:start position:0% send five donut coins to a friend now here's<00:08:38.039> something<00:08:38.360> cool<00:08:38.839> right<00:08:39.240> because 00:08:39.630 --> 00:08:39.640 align:start position:0% here's something cool right because 00:08:39.640 --> 00:08:41.589 align:start position:0% here's something cool right because right<00:08:39.760> now<00:08:40.000> etheron<00:08:40.560> has<00:08:40.800> the<00:08:40.919> two<00:08:41.240> address 00:08:41.589 --> 00:08:41.599 align:start position:0% right now etheron has the two address 00:08:41.599 --> 00:08:43.310 align:start position:0% right now etheron has the two address the<00:08:41.680> from<00:08:42.039> address<00:08:42.360> and<00:08:42.479> a<00:08:42.560> few<00:08:42.880> information 00:08:43.310 --> 00:08:43.320 align:start position:0% the from address and a few information 00:08:43.320 --> 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are doing right now is that we are able to<00:08:48.959> decode<00:08:49.880> whatever<00:08:50.279> that<00:08:50.480> bite<00:08:50.800> code<00:08:51.080> means 00:08:51.790 --> 00:08:51.800 align:start position:0% to decode whatever that bite code means 00:08:51.800 --> 00:08:54.990 align:start position:0% to decode whatever that bite code means and<00:08:52.000> show<00:08:52.480> the<00:08:52.680> user<00:08:53.200> exactly<00:08:53.920> what's<00:08:54.839> what 00:08:54.990 --> 00:08:55.000 align:start position:0% and show the user exactly what's what 00:08:55.000 --> 00:08:57.269 align:start position:0% and show the user exactly what's what the<00:08:55.279> transaction<00:08:55.880> he's<00:08:56.160> about<00:08:56.399> to<00:08:56.560> do<00:08:57.040> is 00:08:57.269 --> 00:08:57.279 align:start position:0% the transaction he's about to do is 00:08:57.279 --> 00:08:59.430 align:start position:0% the transaction he's about to do is supposed<00:08:57.800> to<00:08:57.959> do<00:08:58.240> at<00:08:58.440> least<00:08:58.720> so<00:08:58.920> it's<00:08:59.040> a<00:08:59.160> trans 00:08:59.430 --> 00:08:59.440 align:start position:0% supposed to do at least so it's a trans 00:08:59.440 --> 00:09:01.870 align:start position:0% supposed to do at least so it's a trans transfer<00:08:59.880> function<00:09:00.640> it's<00:09:00.880> going<00:09:01.079> to<00:09:01.360> transfer 00:09:01.870 --> 00:09:01.880 align:start position:0% transfer function it's going to transfer 00:09:01.880 --> 00:09:03.829 align:start position:0% transfer function it's going to transfer to<00:09:02.240> that<00:09:02.440> green<00:09:02.760> guy<00:09:02.920> on<00:09:03.079> the<00:09:03.160> bottom<00:09:03.519> and<00:09:03.680> it's 00:09:03.829 --> 00:09:03.839 align:start position:0% to that green guy on the bottom and it's 00:09:03.839 --> 00:09:06.750 align:start position:0% to that green guy on the bottom and it's going<00:09:04.000> to<00:09:04.160> transfer<00:09:05.040> five<00:09:05.680> five<00:09:06.040> what<00:09:06.519> five 00:09:06.750 --> 00:09:06.760 align:start position:0% going to transfer five five what five 00:09:06.760 --> 00:09:08.990 align:start position:0% going to transfer five five what five Donuts<00:09:07.200> coin<00:09:07.640> those<00:09:07.800> are<00:09:08.000> the<00:09:08.160> parameters<00:09:08.839> and 00:09:08.990 --> 00:09:09.000 align:start position:0% Donuts coin those are the parameters and 00:09:09.000 --> 00:09:10.829 align:start position:0% Donuts coin those are the parameters and of<00:09:09.160> course<00:09:09.640> if<00:09:09.760> you<00:09:09.839> want<00:09:10.000> to<00:09:10.160> check<00:09:10.480> the<00:09:10.720> the 00:09:10.829 --> 00:09:10.839 align:start position:0% of course if you want to check the the 00:09:10.839 --> 00:09:12.630 align:start position:0% of course if you want to check the the contract<00:09:11.200> you<00:09:11.279> can<00:09:11.440> always<00:09:11.800> click<00:09:12.160> on<00:09:12.279> the<00:09:12.440> top 00:09:12.630 --> 00:09:12.640 align:start position:0% contract you can always click on the top 00:09:12.640 --> 00:09:14.389 align:start position:0% contract you can always click on the top to<00:09:12.880> to<00:09:13.000> check<00:09:13.480> the<00:09:13.560> actual<00:09:13.839> source<00:09:14.079> code<00:09:14.320> of 00:09:14.389 --> 00:09:14.399 align:start position:0% to to check the actual source code of 00:09:14.399 --> 00:09:16.310 align:start position:0% to to check the actual source code of the<00:09:14.560> contract<00:09:15.240> but<00:09:15.399> you're<00:09:15.560> not<00:09:15.760> doing<00:09:16.040> that 00:09:16.310 --> 00:09:16.320 align:start position:0% the contract but you're not doing that 00:09:16.320 --> 00:09:18.230 align:start position:0% the contract but you're not doing that right<00:09:16.480> now<00:09:16.680> so<00:09:17.000> all<00:09:17.160> you<00:09:17.279> need<00:09:17.440> to<00:09:17.640> do<00:09:17.880> is<00:09:18.000> you 00:09:18.230 --> 00:09:18.240 align:start position:0% right now so all you need to do is you 00:09:18.240 --> 00:09:20.430 align:start position:0% right now so all you need to do is you just<00:09:18.560> check<00:09:18.839> if<00:09:19.000> the<00:09:19.160> parameters<00:09:19.600> are<00:09:19.880> right 00:09:20.430 --> 00:09:20.440 align:start position:0% just check if the parameters are right 00:09:20.440 --> 00:09:22.430 align:start position:0% just check if the parameters are right type<00:09:20.680> your<00:09:20.880> password<00:09:21.279> on<00:09:21.480> your<00:09:21.680> gun<00:09:22.240> and<00:09:22.360> I 00:09:22.430 --> 00:09:22.440 align:start position:0% type your password on your gun and I 00:09:22.440 --> 00:09:24.710 align:start position:0% type your password on your gun and I think<00:09:22.600> that's<00:09:22.720> a<00:09:22.920> great<00:09:23.160> way<00:09:23.720> of<00:09:23.959> already<00:09:24.399> of 00:09:24.710 --> 00:09:24.720 align:start position:0% think that's a great way of already of 00:09:24.720 --> 00:09:26.829 align:start position:0% think that's a great way of already of of<00:09:24.880> interfacing<00:09:25.560> with<00:09:25.720> smart<00:09:26.040> contract<00:09:26.480> but 00:09:26.829 --> 00:09:26.839 align:start position:0% of interfacing with smart contract but 00:09:26.839 --> 00:09:29.190 align:start position:0% of interfacing with smart contract but here's<00:09:27.040> the<00:09:27.200> nice<00:09:27.480> trick<00:09:28.200> all<00:09:28.480> this<00:09:28.720> wallet<00:09:29.040> we 00:09:29.190 --> 00:09:29.200 align:start position:0% here's the nice trick all this wallet we 00:09:29.200 --> 00:09:32.870 align:start position:0% here's the nice trick all this wallet we be<00:09:29.399> bu<00:09:29.880> it's<00:09:30.200> built<00:09:30.600> in<00:09:30.839> pure<00:09:31.200> HTML<00:09:31.839> and<00:09:32.040> CSS 00:09:32.870 --> 00:09:32.880 align:start position:0% be bu it's built in pure HTML and CSS 00:09:32.880 --> 00:09:35.509 align:start position:0% be bu it's built in pure HTML and CSS and<00:09:33.440> anyone<00:09:33.920> should<00:09:34.160> be<00:09:34.399> able<00:09:34.720> to<00:09:35.000> create 00:09:35.509 --> 00:09:35.519 align:start position:0% and anyone should be able to create 00:09:35.519 --> 00:09:37.550 align:start position:0% and anyone should be able to create another<00:09:36.000> wallet<00:09:36.519> with<00:09:36.680> a<00:09:36.880> such<00:09:37.040> a<00:09:37.200> rich 00:09:37.550 --> 00:09:37.560 align:start position:0% another wallet with a such a rich 00:09:37.560 --> 00:09:39.790 align:start position:0% another wallet with a such a rich interface<00:09:38.160> as<00:09:38.440> this<00:09:39.079> and<00:09:39.279> that's<00:09:39.519> what<00:09:39.640> you 00:09:39.790 --> 00:09:39.800 align:start position:0% interface as this and that's what you 00:09:39.800 --> 00:09:42.990 align:start position:0% interface as this and that's what you want<00:09:40.480> Miss<00:09:40.839> to<00:09:41.040> do<00:09:41.600> so<00:09:41.760> in<00:09:41.920> the<00:09:42.120> left<00:09:42.480> here<00:09:42.800> we 00:09:42.990 --> 00:09:43.000 align:start position:0% want Miss to do so in the left here we 00:09:43.000 --> 00:09:46.430 align:start position:0% want Miss to do so in the left here we have<00:09:43.519> a<00:09:43.760> browser<00:09:44.640> button<00:09:45.560> where<00:09:45.760> you<00:09:45.880> can<00:09:46.160> just 00:09:46.430 --> 00:09:46.440 align:start position:0% have a browser button where you can just 00:09:46.440 --> 00:09:49.790 align:start position:0% have a browser button where you can just browse<00:09:46.920> to<00:09:47.240> any<00:09:47.680> app<00:09:48.040> you<00:09:48.240> want<00:09:48.800> and<00:09:48.959> it<00:09:49.120> will 00:09:49.790 --> 00:09:49.800 align:start position:0% browse to any app you want and it will 00:09:49.800 --> 00:09:52.190 align:start position:0% browse to any app you want and it will and<00:09:50.000> we<00:09:50.200> have<00:09:50.519> so<00:09:50.920> so<00:09:51.120> many<00:09:51.360> apps<00:09:51.640> already<00:09:52.000> and 00:09:52.190 --> 00:09:52.200 align:start position:0% and we have so so many apps already and 00:09:52.200 --> 00:09:54.630 align:start position:0% and we have so so many apps already and more<00:09:52.440> are<00:09:52.640> being<00:09:52.880> built<00:09:53.760> and<00:09:53.959> you<00:09:54.079> could<00:09:54.320> just 00:09:54.630 --> 00:09:54.640 align:start position:0% more are being built and you could just 00:09:54.640 --> 00:09:58.110 align:start position:0% more are being built and you could just type<00:09:55.240> type<00:09:55.519> any<00:09:55.760> address<00:09:56.120> on<00:09:56.240> the<00:09:56.519> top<00:09:57.519> but 00:09:58.110 --> 00:09:58.120 align:start position:0% type type any address on the top but 00:09:58.120 --> 00:10:00.590 align:start position:0% type type any address on the top but here<00:09:58.640> you<00:09:58.800> cannot<00:09:59.440> really<00:09:59.640> see<00:09:59.880> it<00:10:00.120> but<00:10:00.240> in<00:10:00.360> the 00:10:00.590 --> 00:10:00.600 align:start position:0% here you cannot really see it but in the 00:10:00.600 --> 00:10:02.750 align:start position:0% here you cannot really see it but in the top<00:10:00.920> I'm<00:10:01.079> not<00:10:01.360> pasting<00:10:01.720> an<00:10:01.959> address<00:10:02.560> I'm 00:10:02.750 --> 00:10:02.760 align:start position:0% top I'm not pasting an address I'm 00:10:02.760 --> 00:10:05.910 align:start position:0% top I'm not pasting an address I'm pasting<00:10:03.160> a<00:10:03.680> hash<00:10:04.680> so<00:10:05.000> what<00:10:05.200> does<00:10:05.360> the<00:10:05.560> hash 00:10:05.910 --> 00:10:05.920 align:start position:0% pasting a hash so what does the hash 00:10:05.920 --> 00:10:08.990 align:start position:0% pasting a hash so what does the hash means<00:10:06.720> a<00:10:06.959> hash<00:10:07.240> is<00:10:07.440> not<00:10:07.600> a<00:10:07.800> location<00:10:08.600> where<00:10:08.800> you 00:10:08.990 --> 00:10:09.000 align:start position:0% means a hash is not a location where you 00:10:09.000 --> 00:10:11.310 align:start position:0% means a hash is not a location where you find<00:10:09.279> an<00:10:09.480> application<00:10:10.360> a<00:10:10.640> hash<00:10:11.000> really 00:10:11.310 --> 00:10:11.320 align:start position:0% find an application a hash really 00:10:11.320 --> 00:10:13.710 align:start position:0% find an application a hash really describes<00:10:11.959> a<00:10:12.160> specific<00:10:12.640> version<00:10:13.120> of<00:10:13.560> an 00:10:13.710 --> 00:10:13.720 align:start position:0% describes a specific version of an 00:10:13.720 --> 00:10:15.949 align:start position:0% describes a specific version of an application<00:10:14.519> it's<00:10:14.680> a<00:10:14.839> bunch<00:10:15.040> of<00:10:15.200> files<00:10:15.839> a 00:10:15.949 --> 00:10:15.959 align:start position:0% application it's a bunch of files a 00:10:15.959 --> 00:10:17.550 align:start position:0% application it's a bunch of files a specific<00:10:16.320> version<00:10:16.560> of<00:10:16.680> a<00:10:16.800> bunch<00:10:16.959> of<00:10:17.120> images<00:10:17.480> a 00:10:17.550 --> 00:10:17.560 align:start position:0% specific version of a bunch of images a 00:10:17.560 --> 00:10:20.030 align:start position:0% specific version of a bunch of images a bunch<00:10:17.720> of<00:10:17.800> HTML<00:10:18.279> a<00:10:18.399> bunch<00:10:18.560> of<00:10:18.839> javascripts<00:10:19.839> and 00:10:20.030 --> 00:10:20.040 align:start position:0% bunch of HTML a bunch of javascripts and 00:10:20.040 --> 00:10:22.310 align:start position:0% bunch of HTML a bunch of javascripts and when<00:10:20.160> you<00:10:20.360> paste<00:10:20.600> a<00:10:20.839> hash<00:10:21.240> there<00:10:21.640> what<00:10:21.760> it<00:10:21.959> does 00:10:22.310 --> 00:10:22.320 align:start position:0% when you paste a hash there what it does 00:10:22.320 --> 00:10:25.670 align:start position:0% when you paste a hash there what it does it's<00:10:22.600> connecting<00:10:23.079> you<00:10:23.360> to<00:10:23.560> swarm<00:10:24.560> and<00:10:24.760> that's 00:10:25.670 --> 00:10:25.680 align:start position:0% it's connecting you to swarm and that's 00:10:25.680 --> 00:10:28.230 align:start position:0% it's connecting you to swarm and that's also<00:10:26.680> recording<00:10:27.120> of<00:10:27.240> a<00:10:27.360> live<00:10:27.640> prototype<00:10:28.120> and 00:10:28.230 --> 00:10:28.240 align:start position:0% also recording of a live prototype and 00:10:28.240 --> 00:10:30.710 align:start position:0% also recording of a live prototype and you<00:10:28.320> can<00:10:28.440> see<00:10:28.640> Bzz<00:10:29.519> there<00:10:29.920> and<00:10:30.120> what<00:10:30.279> it's<00:10:30.560> it's 00:10:30.710 --> 00:10:30.720 align:start position:0% you can see Bzz there and what it's it's 00:10:30.720 --> 00:10:32.710 align:start position:0% you can see Bzz there and what it's it's doing<00:10:31.000> is<00:10:31.160> that<00:10:31.320> it's<00:10:31.480> just<00:10:31.760> downloaded<00:10:32.480> this 00:10:32.710 --> 00:10:32.720 align:start position:0% doing is that it's just downloaded this 00:10:32.720 --> 00:10:34.949 align:start position:0% doing is that it's just downloaded this whole<00:10:33.079> interface<00:10:33.640> from<00:10:33.800> swarm<00:10:34.399> meaning<00:10:34.760> that 00:10:34.949 --> 00:10:34.959 align:start position:0% whole interface from swarm meaning that 00:10:34.959 --> 00:10:37.550 align:start position:0% whole interface from swarm meaning that it's<00:10:35.160> now<00:10:35.360> running<00:10:35.720> on<00:10:35.839> your<00:10:36.040> local<00:10:36.560> machine 00:10:37.550 --> 00:10:37.560 align:start position:0% it's now running on your local machine 00:10:37.560 --> 00:10:38.910 align:start position:0% it's now running on your local machine now<00:10:37.800> since<00:10:38.000> it's<00:10:38.160> running<00:10:38.399> on<00:10:38.480> a<00:10:38.600> locom 00:10:38.910 --> 00:10:38.920 align:start position:0% now since it's running on a locom 00:10:38.920 --> 00:10:40.350 align:start position:0% now since it's running on a locom machine<00:10:39.160> it<00:10:39.279> doesn't<00:10:39.600> necessarily<00:10:40.079> know 00:10:40.350 --> 00:10:40.360 align:start position:0% machine it doesn't necessarily know 00:10:40.360 --> 00:10:41.990 align:start position:0% machine it doesn't necessarily know about<00:10:40.639> you<00:10:41.160> and<00:10:41.279> then<00:10:41.399> the<00:10:41.519> first<00:10:41.720> thing<00:10:41.880> you 00:10:41.990 --> 00:10:42.000 align:start position:0% about you and then the first thing you 00:10:42.000 --> 00:10:44.230 align:start position:0% about you and then the first thing you have<00:10:42.120> to<00:10:42.279> do<00:10:42.519> is<00:10:42.720> kind<00:10:42.880> of<00:10:43.560> authenticate 00:10:44.230 --> 00:10:44.240 align:start position:0% have to do is kind of authenticate 00:10:44.240 --> 00:10:46.550 align:start position:0% have to do is kind of authenticate yourself<00:10:44.959> but<00:10:45.120> instead<00:10:45.519> of<00:10:45.639> the<00:10:45.800> apps 00:10:46.550 --> 00:10:46.560 align:start position:0% yourself but instead of the apps 00:10:46.560 --> 00:10:49.430 align:start position:0% yourself but instead of the apps requiring<00:10:47.560> to<00:10:47.800> have<00:10:48.079> a<00:10:48.440> every<00:10:48.720> app<00:10:48.920> you<00:10:49.040> go<00:10:49.320> you 00:10:49.430 --> 00:10:49.440 align:start position:0% requiring to have a every app you go you 00:10:49.440 --> 00:10:51.190 align:start position:0% requiring to have a every app you go you have<00:10:49.560> to<00:10:49.680> create<00:10:49.920> a<00:10:50.040> username<00:10:50.440> and<00:10:50.560> a<00:10:50.720> password 00:10:51.190 --> 00:10:51.200 align:start position:0% have to create a username and a password 00:10:51.200 --> 00:10:53.910 align:start position:0% have to create a username and a password and<00:10:51.399> that's<00:10:51.959> dependent<00:10:52.480> on<00:10:52.760> the<00:10:53.399> the<00:10:53.639> central 00:10:53.910 --> 00:10:53.920 align:start position:0% and that's dependent on the the central 00:10:53.920 --> 00:10:56.710 align:start position:0% and that's dependent on the the central server<00:10:54.160> that<00:10:54.320> can<00:10:54.440> be<00:10:54.600> hacked<00:10:55.320> instead<00:10:56.240> M 00:10:56.710 --> 00:10:56.720 align:start position:0% server that can be hacked instead M 00:10:56.720 --> 00:10:58.590 align:start position:0% server that can be hacked instead M provides<00:10:57.200> you<00:10:57.560> with<00:10:57.760> a<00:10:57.880> few<00:10:58.120> accounts<00:10:58.440> that 00:10:58.590 --> 00:10:58.600 align:start position:0% provides you with a few accounts that 00:10:58.600 --> 00:11:00.710 align:start position:0% provides you with a few accounts that you<00:10:58.680> can<00:10:58.800> just<00:10:58.959> choose<00:10:59.639> so<00:10:59.959> I<00:11:00.079> want<00:11:00.360> to 00:11:00.710 --> 00:11:00.720 align:start position:0% you can just choose so I want to 00:11:00.720 --> 00:11:03.910 align:start position:0% you can just choose so I want to identify<00:11:01.639> myself<00:11:02.440> to<00:11:02.680> this<00:11:02.880> voting<00:11:03.320> app<00:11:03.639> with 00:11:03.910 --> 00:11:03.920 align:start position:0% identify myself to this voting app with 00:11:03.920 --> 00:11:05.910 align:start position:0% identify myself to this voting app with that<00:11:04.279> second<00:11:04.720> account<00:11:05.040> over 00:11:05.910 --> 00:11:05.920 align:start position:0% that second account over 00:11:05.920 --> 00:11:09.389 align:start position:0% that second account over there<00:11:06.920> and<00:11:07.279> once<00:11:07.480> you<00:11:07.680> authorize<00:11:08.320> it<00:11:08.800> your<00:11:09.120> app 00:11:09.389 --> 00:11:09.399 align:start position:0% there and once you authorize it your app 00:11:09.399 --> 00:11:11.990 align:start position:0% there and once you authorize it your app can<00:11:09.639> kind<00:11:09.760> of<00:11:09.959> change<00:11:10.360> the<00:11:10.639> interface<00:11:11.639> to 00:11:11.990 --> 00:11:12.000 align:start position:0% can kind of change the interface to 00:11:12.000 --> 00:11:14.870 align:start position:0% can kind of change the interface to reflect<00:11:12.760> that<00:11:13.040> now<00:11:13.360> it<00:11:13.560> knows<00:11:14.079> that<00:11:14.320> you<00:11:14.560> are 00:11:14.870 --> 00:11:14.880 align:start position:0% reflect that now it knows that you are 00:11:14.880 --> 00:11:16.949 align:start position:0% reflect that now it knows that you are this<00:11:15.120> given<00:11:15.480> account<00:11:16.160> and<00:11:16.279> now<00:11:16.480> I<00:11:16.600> created 00:11:16.949 --> 00:11:16.959 align:start position:0% this given account and now I created 00:11:16.959 --> 00:11:19.150 align:start position:0% this given account and now I created this<00:11:17.120> little<00:11:17.480> da<00:11:17.800> it's<00:11:17.959> just<00:11:18.079> a<00:11:18.279> voting<00:11:18.839> stake 00:11:19.150 --> 00:11:19.160 align:start position:0% this little da it's just a voting stake 00:11:19.160 --> 00:11:21.069 align:start position:0% this little da it's just a voting stake voting<00:11:19.519> thing<00:11:19.839> you<00:11:19.920> can<00:11:20.160> just<00:11:20.560> you<00:11:20.720> put<00:11:20.880> a 00:11:21.069 --> 00:11:21.079 align:start position:0% voting thing you can just you put a 00:11:21.079 --> 00:11:23.069 align:start position:0% voting thing you can just you put a parameter<00:11:21.720> there<00:11:21.959> like<00:11:22.120> you<00:11:22.360> say<00:11:22.639> something 00:11:23.069 --> 00:11:23.079 align:start position:0% parameter there like you say something 00:11:23.079 --> 00:11:24.710 align:start position:0% parameter there like you say something let's<00:11:23.320> say<00:11:23.480> Game<00:11:23.639> of<00:11:23.800> Thrones<00:11:24.120> is<00:11:24.279> better<00:11:24.519> than 00:11:24.710 --> 00:11:24.720 align:start position:0% let's say Game of Thrones is better than 00:11:24.720 --> 00:11:27.750 align:start position:0% let's say Game of Thrones is better than Star<00:11:25.000> Wars<00:11:25.839> and<00:11:26.040> anyone<00:11:26.440> can<00:11:26.720> vote<00:11:27.160> to<00:11:27.399> agree 00:11:27.750 --> 00:11:27.760 align:start position:0% Star Wars and anyone can vote to agree 00:11:27.760 --> 00:11:29.829 align:start position:0% Star Wars and anyone can vote to agree or<00:11:28.000> disagree<00:11:28.519> and<00:11:28.680> their<00:11:28.880> vote<00:11:29.320> will<00:11:29.480> be 00:11:29.829 --> 00:11:29.839 align:start position:0% or disagree and their vote will be 00:11:29.839 --> 00:11:32.310 align:start position:0% or disagree and their vote will be counted<00:11:30.320> in<00:11:30.480> stake<00:11:30.839> voting<00:11:31.720> and<00:11:31.920> here's 00:11:32.310 --> 00:11:32.320 align:start position:0% counted in stake voting and here's 00:11:32.320 --> 00:11:34.230 align:start position:0% counted in stake voting and here's here's<00:11:32.519> the<00:11:32.680> magic<00:11:33.160> right<00:11:33.360> I<00:11:33.519> created<00:11:33.959> all 00:11:34.230 --> 00:11:34.240 align:start position:0% here's the magic right I created all 00:11:34.240 --> 00:11:36.710 align:start position:0% here's the magic right I created all this<00:11:34.440> whole<00:11:35.079> interface<00:11:36.079> and<00:11:36.240> the<00:11:36.399> whole 00:11:36.710 --> 00:11:36.720 align:start position:0% this whole interface and the whole 00:11:36.720 --> 00:11:38.710 align:start position:0% this whole interface and the whole purpose<00:11:37.079> of<00:11:37.279> it<00:11:37.560> was<00:11:37.800> just<00:11:37.920> to<00:11:38.120> get<00:11:38.279> to<00:11:38.440> this 00:11:38.710 --> 00:11:38.720 align:start position:0% purpose of it was just to get to this 00:11:38.720 --> 00:11:42.790 align:start position:0% purpose of it was just to get to this point<00:11:39.519> where<00:11:39.959> I<00:11:40.279> create<00:11:41.000> you<00:11:41.360> a<00:11:41.800> transaction 00:11:42.790 --> 00:11:42.800 align:start position:0% point where I create you a transaction 00:11:42.800 --> 00:11:45.030 align:start position:0% point where I create you a transaction and<00:11:43.040> once<00:11:43.240> you<00:11:43.440> create<00:11:43.800> that<00:11:44.040> transaction<00:11:44.839> now 00:11:45.030 --> 00:11:45.040 align:start position:0% and once you create that transaction now 00:11:45.040 --> 00:11:47.190 align:start position:0% and once you create that transaction now the<00:11:45.279> user<00:11:45.480> is<00:11:45.680> back<00:11:45.839> in<00:11:46.079> control<00:11:46.839> because<00:11:47.079> the 00:11:47.190 --> 00:11:47.200 align:start position:0% the user is back in control because the 00:11:47.200 --> 00:11:49.710 align:start position:0% the user is back in control because the user<00:11:47.480> can<00:11:47.720> see<00:11:48.360> all<00:11:48.560> the<00:11:48.680> parameters<00:11:49.440> he<00:11:49.560> can 00:11:49.710 --> 00:11:49.720 align:start position:0% user can see all the parameters he can 00:11:49.720 --> 00:11:51.389 align:start position:0% user can see all the parameters he can see<00:11:49.920> that<00:11:50.040> he's<00:11:50.440> about<00:11:50.639> to<00:11:50.800> do<00:11:50.920> a<00:11:51.079> vote 00:11:51.389 --> 00:11:51.399 align:start position:0% see that he's about to do a vote 00:11:51.399 --> 00:11:53.870 align:start position:0% see that he's about to do a vote application<00:11:52.000> he's<00:11:52.360> doing<00:11:52.600> a<00:11:52.760> vote<00:11:53.000> on<00:11:53.279> that<00:11:53.680> on 00:11:53.870 --> 00:11:53.880 align:start position:0% application he's doing a vote on that on 00:11:53.880 --> 00:11:56.310 align:start position:0% application he's doing a vote on that on that<00:11:54.240> account<00:11:54.519> on<00:11:54.639> the<00:11:54.839> top<00:11:55.360> and<00:11:55.600> he<00:11:55.800> is<00:11:55.959> using 00:11:56.310 --> 00:11:56.320 align:start position:0% that account on the top and he is using 00:11:56.320 --> 00:11:58.430 align:start position:0% that account on the top and he is using a<00:11:56.600> the<00:11:56.720> first<00:11:57.000> parameter<00:11:57.440> is<00:11:57.560> a<00:11:57.839> hash<00:11:58.200> of 00:11:58.430 --> 00:11:58.440 align:start position:0% a the first parameter is a hash of 00:11:58.440 --> 00:12:00.949 align:start position:0% a the first parameter is a hash of whatever<00:11:58.760> he<00:11:58.880> said<00:11:59.600> the<00:11:59.760> first<00:12:00.120> is<00:12:00.320> just<00:12:00.440> a<00:12:00.720> yes 00:12:00.949 --> 00:12:00.959 align:start position:0% whatever he said the first is just a yes 00:12:00.959 --> 00:12:03.710 align:start position:0% whatever he said the first is just a yes or<00:12:01.200> no<00:12:01.440> meaning<00:12:01.760> he<00:12:02.040> agree<00:12:02.360> or<00:12:02.560> disagrees<00:12:03.560> and 00:12:03.710 --> 00:12:03.720 align:start position:0% or no meaning he agree or disagrees and 00:12:03.720 --> 00:12:04.949 align:start position:0% or no meaning he agree or disagrees and in<00:12:03.839> order 00:12:04.949 --> 00:12:04.959 align:start position:0% in order 00:12:04.959 --> 00:12:08.269 align:start position:0% in order to<00:12:05.959> and<00:12:06.160> in<00:12:06.279> order<00:12:06.560> to<00:12:06.839> vote<00:12:07.560> all<00:12:07.720> he<00:12:07.880> needs<00:12:08.120> to 00:12:08.269 --> 00:12:08.279 align:start position:0% to and in order to vote all he needs to 00:12:08.279 --> 00:12:11.269 align:start position:0% to and in order to vote all he needs to do<00:12:08.560> is<00:12:08.720> type<00:12:08.959> his<00:12:09.200> password<00:12:10.040> so<00:12:10.360> he's<00:12:10.639> back<00:12:10.920> in 00:12:11.269 --> 00:12:11.279 align:start position:0% do is type his password so he's back in 00:12:11.279 --> 00:12:14.150 align:start position:0% do is type his password so he's back in control<00:12:12.279> so<00:12:12.480> think<00:12:12.760> about<00:12:13.120> this<00:12:13.600> right<00:12:13.800> I<00:12:13.959> just 00:12:14.150 --> 00:12:14.160 align:start position:0% control so think about this right I just 00:12:14.160 --> 00:12:17.189 align:start position:0% control so think about this right I just run<00:12:14.480> this<00:12:14.760> whole<00:12:15.040> app<00:12:16.000> and<00:12:16.399> it<00:12:16.560> runs 00:12:17.189 --> 00:12:17.199 align:start position:0% run this whole app and it runs 00:12:17.199 --> 00:12:19.829 align:start position:0% run this whole app and it runs completely<00:12:17.839> without<00:12:18.240> servers<00:12:19.240> because<00:12:19.600> all 00:12:19.829 --> 00:12:19.839 align:start position:0% completely without servers because all 00:12:19.839 --> 00:12:22.670 align:start position:0% completely without servers because all the<00:12:20.079> files<00:12:20.600> you<00:12:20.760> need<00:12:20.959> to<00:12:21.160> run<00:12:21.480> them<00:12:22.079> are<00:12:22.399> where 00:12:22.670 --> 00:12:22.680 align:start position:0% the files you need to run them are where 00:12:22.680 --> 00:12:24.590 align:start position:0% the files you need to run them are where downloaded<00:12:23.320> via<00:12:23.519> swarm<00:12:23.959> from<00:12:24.120> a<00:12:24.199> peer-to-peer 00:12:24.590 --> 00:12:24.600 align:start position:0% downloaded via swarm from a peer-to-peer 00:12:24.600 --> 00:12:27.150 align:start position:0% downloaded via swarm from a peer-to-peer Network<00:12:25.600> and<00:12:25.760> that<00:12:25.959> are<00:12:26.320> like<00:12:26.519> locally<00:12:26.959> on 00:12:27.150 --> 00:12:27.160 align:start position:0% Network and that are like locally on 00:12:27.160 --> 00:12:30.230 align:start position:0% Network and that are like locally on your<00:12:27.560> machine<00:12:28.560> oh<00:12:28.880> your<00:12:29.320> private<00:12:29.680> information 00:12:30.230 --> 00:12:30.240 align:start position:0% your machine oh your private information 00:12:30.240 --> 00:12:32.629 align:start position:0% your machine oh your private information your<00:12:30.440> login<00:12:31.120> your<00:12:31.440> account<00:12:31.839> information<00:12:32.360> is 00:12:32.629 --> 00:12:32.639 align:start position:0% your login your account information is 00:12:32.639 --> 00:12:35.069 align:start position:0% your login your account information is kept<00:12:33.240> by<00:12:33.440> you<00:12:33.800> by<00:12:33.959> your<00:12:34.240> computer<00:12:34.720> that<00:12:34.880> is 00:12:35.069 --> 00:12:35.079 align:start position:0% kept by you by your computer that is 00:12:35.079 --> 00:12:37.870 align:start position:0% kept by you by your computer that is safe<00:12:36.040> and<00:12:36.360> finally<00:12:37.160> all<00:12:37.320> the<00:12:37.440> information 00:12:37.870 --> 00:12:37.880 align:start position:0% safe and finally all the information 00:12:37.880 --> 00:12:39.790 align:start position:0% safe and finally all the information that<00:12:38.040> you<00:12:38.160> need<00:12:38.440> to<00:12:38.560> be<00:12:38.839> public<00:12:39.199> to<00:12:39.320> be<00:12:39.480> common 00:12:39.790 --> 00:12:39.800 align:start position:0% that you need to be public to be common 00:12:39.800 --> 00:12:41.310 align:start position:0% that you need to be public to be common to<00:12:39.920> be<00:12:40.040> synchronized<00:12:40.680> is<00:12:40.839> kept<00:12:41.079> on<00:12:41.199> the 00:12:41.310 --> 00:12:41.320 align:start position:0% to be synchronized is kept on the 00:12:41.320 --> 00:12:43.430 align:start position:0% to be synchronized is kept on the blockchain<00:12:42.160> and<00:12:42.279> you<00:12:42.399> can<00:12:42.560> see<00:12:42.839> that<00:12:43.160> well<00:12:43.320> it 00:12:43.430 --> 00:12:43.440 align:start position:0% blockchain and you can see that well it 00:12:43.440 --> 00:12:46.509 align:start position:0% blockchain and you can see that well it seems<00:12:43.639> that<00:12:43.880> everyone<00:12:44.240> agrees<00:12:44.600> with<00:12:44.959> me<00:12:45.959> and 00:12:46.509 --> 00:12:46.519 align:start position:0% seems that everyone agrees with me and 00:12:46.519 --> 00:12:48.990 align:start position:0% seems that everyone agrees with me and and<00:12:46.680> I<00:12:46.800> think<00:12:47.320> that's<00:12:47.800> that's<00:12:47.959> the<00:12:48.199> kind<00:12:48.360> of 00:12:48.990 --> 00:12:49.000 align:start position:0% and I think that's that's the kind of 00:12:49.000 --> 00:12:52.509 align:start position:0% and I think that's that's the kind of architecture<00:12:50.000> that<00:12:50.600> we<00:12:50.839> want<00:12:51.399> to<00:12:51.680> move<00:12:52.120> moving 00:12:52.509 --> 00:12:52.519 align:start position:0% architecture that we want to move moving 00:12:52.519 --> 00:12:55.189 align:start position:0% architecture that we want to move moving forward<00:12:53.240> all<00:12:53.600> depth<00:12:53.959> to<00:12:54.160> think<00:12:54.440> about<00:12:55.000> an 00:12:55.189 --> 00:12:55.199 align:start position:0% forward all depth to think about an 00:12:55.199 --> 00:12:57.030 align:start position:0% forward all depth to think about an architecture<00:12:56.000> where<00:12:56.279> all<00:12:56.480> the<00:12:56.680> private 00:12:57.030 --> 00:12:57.040 align:start position:0% architecture where all the private 00:12:57.040 --> 00:12:59.189 align:start position:0% architecture where all the private information<00:12:57.600> is<00:12:57.880> kept<00:12:58.199> and<00:12:58.360> managed<00:12:58.760> by<00:12:58.880> the 00:12:59.189 --> 00:12:59.199 align:start position:0% information is kept and managed by the 00:12:59.199 --> 00:13:01.590 align:start position:0% information is kept and managed by the user<00:12:59.720> himself<00:13:00.519> and<00:13:00.720> there<00:13:00.839> is<00:13:01.000> no<00:13:01.240> Central 00:13:01.590 --> 00:13:01.600 align:start position:0% user himself and there is no Central 00:13:01.600 --> 00:13:04.030 align:start position:0% user himself and there is no Central server<00:13:02.000> than<00:13:02.279> anyone<00:13:02.800> that<00:13:03.120> goes<00:13:03.480> to<00:13:03.800> that 00:13:04.030 --> 00:13:04.040 align:start position:0% server than anyone that goes to that 00:13:04.040 --> 00:13:06.629 align:start position:0% server than anyone that goes to that particular<00:13:04.480> dep<00:13:05.040> will<00:13:05.399> always<00:13:05.800> find<00:13:06.320> this 00:13:06.629 --> 00:13:06.639 align:start position:0% particular dep will always find this 00:13:06.639 --> 00:13:09.670 align:start position:0% particular dep will always find this exact<00:13:07.160> version<00:13:07.600> of<00:13:07.800> the<00:13:08.399> application<00:13:09.399> and 00:13:09.670 --> 00:13:09.680 align:start position:0% exact version of the application and 00:13:09.680 --> 00:13:12.550 align:start position:0% exact version of the application and what<00:13:09.800> are<00:13:10.040> the<00:13:10.360> next<00:13:10.800> steps<00:13:11.320> that<00:13:11.480> we<00:13:11.639> want<00:13:12.360> so 00:13:12.550 --> 00:13:12.560 align:start position:0% what are the next steps that we want so 00:13:12.560 --> 00:13:14.790 align:start position:0% what are the next steps that we want so the<00:13:12.680> next<00:13:12.920> steps<00:13:13.240> here<00:13:13.600> is<00:13:13.839> first<00:13:14.040> of<00:13:14.199> all 00:13:14.790 --> 00:13:14.800 align:start position:0% the next steps here is first of all 00:13:14.800 --> 00:13:17.269 align:start position:0% the next steps here is first of all hashes<00:13:15.240> are<00:13:15.440> terrible<00:13:15.920> ways<00:13:16.519> terrible<00:13:16.920> user 00:13:17.269 --> 00:13:17.279 align:start position:0% hashes are terrible ways terrible user 00:13:17.279 --> 00:13:19.509 align:start position:0% hashes are terrible ways terrible user interfaces<00:13:18.040> because<00:13:18.399> they<00:13:18.480> are<00:13:18.639> long<00:13:19.000> they're 00:13:19.509 --> 00:13:19.519 align:start position:0% interfaces because they are long they're 00:13:19.519 --> 00:13:21.590 align:start position:0% interfaces because they are long they're not<00:13:19.720> human<00:13:20.040> friendly<00:13:20.720> and<00:13:20.880> they're<00:13:21.120> not 00:13:21.590 --> 00:13:21.600 align:start position:0% not human friendly and they're not 00:13:21.600 --> 00:13:24.189 align:start position:0% not human friendly and they're not updatable<00:13:22.320> so<00:13:22.560> you<00:13:22.680> can<00:13:22.839> just<00:13:23.160> replace<00:13:23.639> them 00:13:24.189 --> 00:13:24.199 align:start position:0% updatable so you can just replace them 00:13:24.199 --> 00:13:27.030 align:start position:0% updatable so you can just replace them for<00:13:24.519> the<00:13:24.720> ens<00:13:25.240> system<00:13:25.639> that<00:13:25.800> Nick<00:13:26.120> was<00:13:26.279> talking 00:13:27.030 --> 00:13:27.040 align:start position:0% for the ens system that Nick was talking 00:13:27.040 --> 00:13:29.670 align:start position:0% for the ens system that Nick was talking yesterday<00:13:28.040> also<00:13:28.440> we<00:13:28.600> have 00:13:29.670 --> 00:13:29.680 align:start position:0% yesterday also we have 00:13:29.680 --> 00:13:31.509 align:start position:0% yesterday also we have uh<00:13:29.800> solidity<00:13:30.360> now<00:13:30.639> has<00:13:30.800> authenticated 00:13:31.509 --> 00:13:31.519 align:start position:0% uh solidity now has authenticated 00:13:31.519 --> 00:13:33.550 align:start position:0% uh solidity now has authenticated contracts<00:13:32.120> which<00:13:32.279> allow<00:13:32.639> some<00:13:33.000> nice<00:13:33.320> things 00:13:33.550 --> 00:13:33.560 align:start position:0% contracts which allow some nice things 00:13:33.560 --> 00:13:36.110 align:start position:0% contracts which allow some nice things with<00:13:33.839> swarm<00:13:34.839> and<00:13:35.160> right<00:13:35.320> now<00:13:35.560> the<00:13:35.680> way<00:13:35.839> we<00:13:35.920> are 00:13:36.110 --> 00:13:36.120 align:start position:0% with swarm and right now the way we are 00:13:36.120 --> 00:13:38.189 align:start position:0% with swarm and right now the way we are doing<00:13:36.440> this<00:13:36.639> decoding<00:13:37.199> thing<00:13:37.480> is<00:13:37.680> that<00:13:37.959> we 00:13:38.189 --> 00:13:38.199 align:start position:0% doing this decoding thing is that we 00:13:38.199 --> 00:13:40.389 align:start position:0% doing this decoding thing is that we just<00:13:38.760> download<00:13:39.199> a<00:13:39.320> bunch<00:13:39.480> of<00:13:39.600> signatures<00:13:40.199> with 00:13:40.389 --> 00:13:40.399 align:start position:0% just download a bunch of signatures with 00:13:40.399 --> 00:13:42.310 align:start position:0% just download a bunch of signatures with myth<00:13:40.720> when<00:13:40.839> you<00:13:40.959> download<00:13:41.320> myth<00:13:41.720> and<00:13:41.920> if<00:13:42.079> you 00:13:42.310 --> 00:13:42.320 align:start position:0% myth when you download myth and if you 00:13:42.320 --> 00:13:44.269 align:start position:0% myth when you download myth and if you it's<00:13:42.480> not<00:13:42.680> enough<00:13:43.000> you<00:13:43.120> can<00:13:43.519> ping<00:13:43.760> a<00:13:43.880> central 00:13:44.269 --> 00:13:44.279 align:start position:0% it's not enough you can ping a central 00:13:44.279 --> 00:13:47.150 align:start position:0% it's not enough you can ping a central server<00:13:44.920> but<00:13:45.320> with<00:13:45.600> authenticated<00:13:46.480> contracts 00:13:47.150 --> 00:13:47.160 align:start position:0% server but with authenticated contracts 00:13:47.160 --> 00:13:48.949 align:start position:0% server but with authenticated contracts what<00:13:47.240> we<00:13:47.360> can<00:13:47.560> do<00:13:47.760> is<00:13:47.880> that<00:13:48.120> we<00:13:48.240> can<00:13:48.560> once<00:13:48.760> you 00:13:48.949 --> 00:13:48.959 align:start position:0% what we can do is that we can once you 00:13:48.959 --> 00:13:50.910 align:start position:0% what we can do is that we can once you interact<00:13:49.320> with<00:13:49.440> a<00:13:49.560> contract<00:13:49.920> we<00:13:50.000> can<00:13:50.160> download 00:13:50.910 --> 00:13:50.920 align:start position:0% interact with a contract we can download 00:13:50.920 --> 00:13:52.870 align:start position:0% interact with a contract we can download both<00:13:51.160> the<00:13:51.279> source<00:13:51.639> code<00:13:52.040> and<00:13:52.240> the<00:13:52.360> API 00:13:52.870 --> 00:13:52.880 align:start position:0% both the source code and the API 00:13:52.880 --> 00:13:55.230 align:start position:0% both the source code and the API directly<00:13:53.320> from<00:13:53.519> swarm<00:13:54.000> and<00:13:54.199> show<00:13:54.480> you<00:13:54.759> exactly 00:13:55.230 --> 00:13:55.240 align:start position:0% directly from swarm and show you exactly 00:13:55.240 --> 00:13:57.749 align:start position:0% directly from swarm and show you exactly what<00:13:55.399> it's<00:13:55.600> about<00:13:55.800> to<00:13:55.959> do<00:13:56.839> another<00:13:57.240> very<00:13:57.480> cool 00:13:57.749 --> 00:13:57.759 align:start position:0% what it's about to do another very cool 00:13:57.759 --> 00:13:59.910 align:start position:0% what it's about to do another very cool thing<00:13:58.040> that<00:13:58.240> we<00:13:58.320> are<00:13:58.480> working<00:13:58.800> on<00:13:59.199> is<00:13:59.399> easier 00:13:59.910 --> 00:13:59.920 align:start position:0% thing that we are working on is easier 00:13:59.920 --> 00:14:02.749 align:start position:0% thing that we are working on is easier installers<00:14:00.920> we<00:14:01.079> already<00:14:01.480> have<00:14:01.880> dmgs<00:14:02.480> we 00:14:02.749 --> 00:14:02.759 align:start position:0% installers we already have dmgs we 00:14:02.759 --> 00:14:04.350 align:start position:0% installers we already have dmgs we already<00:14:03.000> already<00:14:03.279> have<00:14:03.480> Windows<00:14:03.920> installers 00:14:04.350 --> 00:14:04.360 align:start position:0% already already have Windows installers 00:14:04.360 --> 00:14:07.069 align:start position:0% already already have Windows installers on<00:14:04.480> the<00:14:04.839> latest<00:14:05.240> releases<00:14:06.199> we<00:14:06.320> are<00:14:06.720> we<00:14:06.800> are 00:14:07.069 --> 00:14:07.079 align:start position:0% on the latest releases we are we are 00:14:07.079 --> 00:14:09.870 align:start position:0% on the latest releases we are we are starting<00:14:07.399> to<00:14:07.639> do<00:14:07.880> signing<00:14:08.399> signing<00:14:08.759> with<00:14:08.959> pgps 00:14:09.870 --> 00:14:09.880 align:start position:0% starting to do signing signing with pgps 00:14:09.880 --> 00:14:12.670 align:start position:0% starting to do signing signing with pgps and<00:14:10.120> we<00:14:10.240> want<00:14:10.440> to<00:14:10.639> do<00:14:11.240> a<00:14:11.440> full<00:14:11.800> app<00:14:12.040> signing<00:14:12.480> so 00:14:12.670 --> 00:14:12.680 align:start position:0% and we want to do a full app signing so 00:14:12.680 --> 00:14:16.110 align:start position:0% and we want to do a full app signing so we<00:14:12.800> can<00:14:13.120> eventually<00:14:13.560> be<00:14:13.759> on<00:14:13.959> App<00:14:14.199> Stores<00:14:15.120> too 00:14:16.110 --> 00:14:16.120 align:start position:0% we can eventually be on App Stores too 00:14:16.120 --> 00:14:18.030 align:start position:0% we can eventually be on App Stores too and<00:14:16.320> there's<00:14:16.519> another<00:14:16.839> interesting<00:14:17.360> thing<00:14:17.680> is 00:14:18.030 --> 00:14:18.040 align:start position:0% and there's another interesting thing is 00:14:18.040 --> 00:14:20.670 align:start position:0% and there's another interesting thing is that<00:14:19.040> right<00:14:19.199> now<00:14:19.639> I<00:14:19.720> think<00:14:20.000> most<00:14:20.240> people 00:14:20.670 --> 00:14:20.680 align:start position:0% that right now I think most people 00:14:20.680 --> 00:14:23.749 align:start position:0% that right now I think most people underestimate<00:14:21.680> how<00:14:21.920> much<00:14:22.720> how<00:14:23.000> users<00:14:23.440> come 00:14:23.749 --> 00:14:23.759 align:start position:0% underestimate how much how users come 00:14:23.759 --> 00:14:26.230 align:start position:0% underestimate how much how users come into<00:14:23.959> the<00:14:24.120> ecosystem<00:14:24.880> affects<00:14:25.680> how<00:14:25.880> users 00:14:26.230 --> 00:14:26.240 align:start position:0% into the ecosystem affects how users 00:14:26.240 --> 00:14:28.550 align:start position:0% into the ecosystem affects how users think<00:14:27.000> because<00:14:27.360> everyone<00:14:27.839> who<00:14:28.079> has<00:14:28.279> to<00:14:28.399> come 00:14:28.550 --> 00:14:28.560 align:start position:0% think because everyone who has to come 00:14:28.560 --> 00:14:31.389 align:start position:0% think because everyone who has to come into<00:14:29.240> to<00:14:29.519> ecosystem<00:14:30.120> has<00:14:30.240> to<00:14:30.440> have<00:14:30.639> bought<00:14:31.000> eer 00:14:31.389 --> 00:14:31.399 align:start position:0% into to ecosystem has to have bought eer 00:14:31.399 --> 00:14:33.829 align:start position:0% into to ecosystem has to have bought eer in<00:14:31.480> an<00:14:31.720> exchange<00:14:32.160> at<00:14:32.320> some<00:14:32.519> point<00:14:33.160> so<00:14:33.399> a<00:14:33.519> lot<00:14:33.639> of 00:14:33.829 --> 00:14:33.839 align:start position:0% in an exchange at some point so a lot of 00:14:33.839 --> 00:14:38.350 align:start position:0% in an exchange at some point so a lot of users<00:14:34.360> are<00:14:35.199> get<00:14:35.519> in<00:14:35.920> with<00:14:36.120> this<00:14:36.360> trading<00:14:37.360> IDE 00:14:38.350 --> 00:14:38.360 align:start position:0% users are get in with this trading IDE 00:14:38.360 --> 00:14:40.870 align:start position:0% users are get in with this trading IDE and<00:14:38.759> back<00:14:39.040> in<00:14:39.160> the<00:14:39.320> beginning<00:14:39.839> we<00:14:40.000> could<00:14:40.519> allow 00:14:40.870 --> 00:14:40.880 align:start position:0% and back in the beginning we could allow 00:14:40.880 --> 00:14:42.949 align:start position:0% and back in the beginning we could allow mining<00:14:41.560> where<00:14:41.839> anyone<00:14:42.240> could<00:14:42.440> just<00:14:42.560> use<00:14:42.759> their 00:14:42.949 --> 00:14:42.959 align:start position:0% mining where anyone could just use their 00:14:42.959 --> 00:14:45.670 align:start position:0% mining where anyone could just use their computers<00:14:43.320> to<00:14:43.440> get<00:14:43.560> eer<00:14:44.000> that<00:14:44.519> long<00:14:44.800> past<00:14:45.120> gun 00:14:45.670 --> 00:14:45.680 align:start position:0% computers to get eer that long past gun 00:14:45.680 --> 00:14:48.470 align:start position:0% computers to get eer that long past gun but<00:14:45.920> what<00:14:46.360> swarm<00:14:46.959> allows<00:14:47.360> us<00:14:47.560> to<00:14:47.759> do<00:14:48.120> is<00:14:48.279> that 00:14:48.470 --> 00:14:48.480 align:start position:0% but what swarm allows us to do is that 00:14:48.480 --> 00:14:50.949 align:start position:0% but what swarm allows us to do is that by<00:14:48.720> just<00:14:48.959> sharing<00:14:49.519> your<00:14:49.759> internet<00:14:50.199> connection 00:14:50.949 --> 00:14:50.959 align:start position:0% by just sharing your internet connection 00:14:50.959 --> 00:14:52.910 align:start position:0% by just sharing your internet connection you<00:14:51.120> could<00:14:51.320> get<00:14:51.480> a<00:14:51.560> little<00:14:51.759> bit<00:14:51.880> of<00:14:52.000> eer<00:14:52.600> if<00:14:52.720> you 00:14:52.910 --> 00:14:52.920 align:start position:0% you could get a little bit of eer if you 00:14:52.920 --> 00:14:55.150 align:start position:0% you could get a little bit of eer if you have<00:14:53.240> a<00:14:53.399> file<00:14:53.800> that<00:14:54.000> just<00:14:54.199> suddenly<00:14:54.680> becomes 00:14:55.150 --> 00:14:55.160 align:start position:0% have a file that just suddenly becomes 00:14:55.160 --> 00:14:56.870 align:start position:0% have a file that just suddenly becomes popular<00:14:55.560> because<00:14:55.839> everyone<00:14:56.120> is<00:14:56.320> using<00:14:56.680> that 00:14:56.870 --> 00:14:56.880 align:start position:0% popular because everyone is using that 00:14:56.880 --> 00:14:59.350 align:start position:0% popular because everyone is using that application<00:14:57.639> you<00:14:57.839> will<00:14:58.079> be<00:14:58.360> paid<00:14:58.680> a<00:14:59.079> tiny 00:14:59.350 --> 00:14:59.360 align:start position:0% application you will be paid a tiny 00:14:59.360 --> 00:15:01.790 align:start position:0% application you will be paid a tiny amount<00:14:59.600> of<00:14:59.759> eats<00:15:00.240> which<00:15:00.360> is<00:15:00.519> not<00:15:00.920> a<00:15:01.240> big<00:15:01.480> amount 00:15:01.790 --> 00:15:01.800 align:start position:0% amount of eats which is not a big amount 00:15:01.800 --> 00:15:03.949 align:start position:0% amount of eats which is not a big amount but<00:15:02.120> enough<00:15:02.399> so<00:15:02.600> you<00:15:02.720> can<00:15:03.199> start<00:15:03.560> playing 00:15:03.949 --> 00:15:03.959 align:start position:0% but enough so you can start playing 00:15:03.959 --> 00:15:05.710 align:start position:0% but enough so you can start playing around<00:15:04.399> with<00:15:04.600> smart<00:15:04.920> contracts<00:15:05.440> without 00:15:05.710 --> 00:15:05.720 align:start position:0% around with smart contracts without 00:15:05.720 --> 00:15:08.590 align:start position:0% around with smart contracts without having<00:15:05.920> to<00:15:06.079> buy<00:15:06.320> in<00:15:06.680> in<00:15:06.800> an<00:15:07.240> exchange<00:15:08.240> another 00:15:08.590 --> 00:15:08.600 align:start position:0% having to buy in in an exchange another 00:15:08.600 --> 00:15:10.829 align:start position:0% having to buy in in an exchange another thing<00:15:08.880> we<00:15:09.000> are<00:15:09.240> excited<00:15:09.680> to<00:15:09.839> be<00:15:10.000> working<00:15:10.360> on<00:15:10.680> is 00:15:10.829 --> 00:15:10.839 align:start position:0% thing we are excited to be working on is 00:15:10.839 --> 00:15:13.629 align:start position:0% thing we are excited to be working on is swapable<00:15:11.399> backhands<00:15:12.320> GFF<00:15:12.600> is<00:15:12.720> a<00:15:12.920> great<00:15:13.160> node 00:15:13.629 --> 00:15:13.639 align:start position:0% swapable backhands GFF is a great node 00:15:13.639 --> 00:15:15.829 align:start position:0% swapable backhands GFF is a great node but<00:15:14.079> I<00:15:14.160> mean<00:15:14.360> there<00:15:14.480> are<00:15:14.720> some<00:15:15.079> other<00:15:15.519> people 00:15:15.829 --> 00:15:15.839 align:start position:0% but I mean there are some other people 00:15:15.839 --> 00:15:18.670 align:start position:0% but I mean there are some other people doing<00:15:16.120> some<00:15:16.639> very<00:15:16.920> nice<00:15:17.279> work<00:15:17.959> and<00:15:18.199> parity 00:15:18.670 --> 00:15:18.680 align:start position:0% doing some very nice work and parity 00:15:18.680 --> 00:15:21.310 align:start position:0% doing some very nice work and parity basically<00:15:19.079> saved<00:15:19.480> our<00:15:19.720> asset<00:15:20.320> this<00:15:20.720> this<00:15:21.240> in 00:15:21.310 --> 00:15:21.320 align:start position:0% basically saved our asset this this in 00:15:21.320 --> 00:15:23.189 align:start position:0% basically saved our asset this this in the<00:15:21.440> beginning<00:15:21.680> of<00:15:21.839> this<00:15:22.000> week<00:15:22.600> so<00:15:22.839> we<00:15:23.000> are 00:15:23.189 --> 00:15:23.199 align:start position:0% the beginning of this week so we are 00:15:23.199 --> 00:15:25.790 align:start position:0% the beginning of this week so we are trying<00:15:23.480> to<00:15:23.680> work<00:15:24.199> with<00:15:24.519> every<00:15:25.279> with<00:15:25.480> the<00:15:25.560> other 00:15:25.790 --> 00:15:25.800 align:start position:0% trying to work with every with the other 00:15:25.800 --> 00:15:27.710 align:start position:0% trying to work with every with the other developers<00:15:26.279> to<00:15:26.440> see<00:15:26.800> what<00:15:26.959> do<00:15:27.120> we<00:15:27.279> need<00:15:27.600> to 00:15:27.710 --> 00:15:27.720 align:start position:0% developers to see what do we need to 00:15:27.720 --> 00:15:30.030 align:start position:0% developers to see what do we need to make<00:15:27.920> stoppable<00:15:28.480> backends<00:15:29.360> where<00:15:29.519> the<00:15:29.680> user 00:15:30.030 --> 00:15:30.040 align:start position:0% make stoppable backends where the user 00:15:30.040 --> 00:15:33.269 align:start position:0% make stoppable backends where the user can<00:15:30.319> just<00:15:30.759> select<00:15:31.160> another<00:15:31.519> node<00:15:32.160> and<00:15:32.680> the<00:15:33.160> it 00:15:33.269 --> 00:15:33.279 align:start position:0% can just select another node and the it 00:15:33.279 --> 00:15:35.670 align:start position:0% can just select another node and the it would<00:15:33.560> download<00:15:33.959> it<00:15:34.199> live<00:15:34.519> and<00:15:34.680> you<00:15:35.160> just<00:15:35.560> a 00:15:35.670 --> 00:15:35.680 align:start position:0% would download it live and you just a 00:15:35.680 --> 00:15:36.829 align:start position:0% would download it live and you just a single<00:15:36.000> file<00:15:36.240> would<00:15:36.399> have<00:15:36.519> all<00:15:36.720> the 00:15:36.829 --> 00:15:36.839 align:start position:0% single file would have all the 00:15:36.839 --> 00:15:39.309 align:start position:0% single file would have all the configuration<00:15:37.399> necessaries<00:15:38.040> to<00:15:38.279> work<00:15:38.759> to<00:15:38.920> for 00:15:39.309 --> 00:15:39.319 align:start position:0% configuration necessaries to work to for 00:15:39.319 --> 00:15:41.710 align:start position:0% configuration necessaries to work to for for<00:15:39.560> my<00:15:39.839> to<00:15:39.959> work<00:15:40.399> with<00:15:40.639> any<00:15:41.040> any<00:15:41.240> backand<00:15:41.639> that 00:15:41.710 --> 00:15:41.720 align:start position:0% for my to work with any any backand that 00:15:41.720 --> 00:15:42.629 align:start position:0% for my to work with any any backand that you 00:15:42.629 --> 00:15:42.639 align:start position:0% you 00:15:42.639 --> 00:15:44.470 align:start position:0% you want 00:15:44.470 --> 00:15:44.480 align:start position:0% want 00:15:44.480 --> 00:15:47.189 align:start position:0% want now<00:15:45.480> another<00:15:45.839> things<00:15:46.120> we<00:15:46.319> have<00:15:46.560> on<00:15:46.720> the<00:15:46.880> road 00:15:47.189 --> 00:15:47.199 align:start position:0% now another things we have on the road 00:15:47.199 --> 00:15:49.350 align:start position:0% now another things we have on the road map<00:15:47.880> right<00:15:48.319> and<00:15:48.560> we<00:15:48.680> have<00:15:48.839> tons<00:15:49.079> of<00:15:49.199> things 00:15:49.350 --> 00:15:49.360 align:start position:0% map right and we have tons of things 00:15:49.360 --> 00:15:50.829 align:start position:0% map right and we have tons of things that<00:15:49.480> we<00:15:49.600> want<00:15:49.720> to<00:15:49.839> talk<00:15:50.040> about<00:15:50.319> we<00:15:50.440> don't<00:15:50.639> have 00:15:50.829 --> 00:15:50.839 align:start position:0% that we want to talk about we don't have 00:15:50.839 --> 00:15:53.749 align:start position:0% that we want to talk about we don't have time<00:15:51.000> for<00:15:51.240> them<00:15:51.560> but<00:15:52.519> uh<00:15:52.680> so<00:15:53.079> first<00:15:53.279> of<00:15:53.440> all 00:15:53.749 --> 00:15:53.759 align:start position:0% time for them but uh so first of all 00:15:53.759 --> 00:15:57.790 align:start position:0% time for them but uh so first of all etherum<00:15:54.279> R<00:15:54.600> c67<00:15:55.560> is<00:15:55.639> a<00:15:55.920> very<00:15:56.360> cool<00:15:57.360> is<00:15:57.480> a<00:15:57.639> very 00:15:57.790 --> 00:15:57.800 align:start position:0% etherum R c67 is a very cool is a very 00:15:57.800 --> 00:16:00.509 align:start position:0% etherum R c67 is a very cool is a very cool<00:15:58.000> thing<00:15:58.240> I<00:15:58.319> want<00:15:58.519> to<00:15:58.639> work<00:15:59.199> with<00:15:59.600> it<00:16:00.160> is<00:16:00.279> the 00:16:00.509 --> 00:16:00.519 align:start position:0% cool thing I want to work with it is the 00:16:00.519 --> 00:16:03.629 align:start position:0% cool thing I want to work with it is the idea<00:16:00.839> to<00:16:01.040> create<00:16:02.040> a<00:16:02.240> single<00:16:02.680> link<00:16:03.240> that<00:16:03.360> you 00:16:03.629 --> 00:16:03.639 align:start position:0% idea to create a single link that you 00:16:03.639 --> 00:16:06.949 align:start position:0% idea to create a single link that you can<00:16:04.639> it<00:16:04.759> will<00:16:05.440> definitely<00:16:05.959> make<00:16:06.440> creating 00:16:06.949 --> 00:16:06.959 align:start position:0% can it will definitely make creating 00:16:06.959 --> 00:16:08.670 align:start position:0% can it will definitely make creating smart<00:16:07.279> contracts<00:16:07.639> a<00:16:07.759> lot<00:16:07.920> easier<00:16:08.360> because 00:16:08.670 --> 00:16:08.680 align:start position:0% smart contracts a lot easier because 00:16:08.680 --> 00:16:10.670 align:start position:0% smart contracts a lot easier because instead<00:16:08.959> of<00:16:09.199> having<00:16:09.519> to<00:16:10.079> download<00:16:10.519> a 00:16:10.670 --> 00:16:10.680 align:start position:0% instead of having to download a 00:16:10.680 --> 00:16:12.629 align:start position:0% instead of having to download a JavaScript<00:16:11.560> library<00:16:11.920> and<00:16:12.160> creating<00:16:12.480> a 00:16:12.629 --> 00:16:12.639 align:start position:0% JavaScript library and creating a 00:16:12.639 --> 00:16:14.710 align:start position:0% JavaScript library and creating a transaction<00:16:13.120> out<00:16:13.240> of<00:16:13.440> JavaScript<00:16:14.279> you<00:16:14.440> could 00:16:14.710 --> 00:16:14.720 align:start position:0% transaction out of JavaScript you could 00:16:14.720 --> 00:16:16.470 align:start position:0% transaction out of JavaScript you could create<00:16:15.120> a<00:16:15.279> new<00:16:15.480> transaction<00:16:16.000> by<00:16:16.199> just 00:16:16.470 --> 00:16:16.480 align:start position:0% create a new transaction by just 00:16:16.480 --> 00:16:18.509 align:start position:0% create a new transaction by just clicking<00:16:16.920> on<00:16:17.120> it<00:16:17.519> so<00:16:17.680> you<00:16:17.800> would<00:16:18.000> click<00:16:18.199> on<00:16:18.319> it 00:16:18.509 --> 00:16:18.519 align:start position:0% clicking on it so you would click on it 00:16:18.519 --> 00:16:21.150 align:start position:0% clicking on it so you would click on it it<00:16:18.680> would<00:16:19.279> the<00:16:19.480> the<00:16:19.560> link<00:16:19.800> would<00:16:20.000> come<00:16:20.279> with<00:16:20.600> u 00:16:21.150 --> 00:16:21.160 align:start position:0% it would the the link would come with u 00:16:21.160 --> 00:16:24.350 align:start position:0% it would the the link would come with u saying<00:16:21.639> the<00:16:22.319> the<00:16:23.279> whose<00:16:23.639> address<00:16:24.000> is<00:16:24.160> it's 00:16:24.350 --> 00:16:24.360 align:start position:0% saying the the whose address is it's 00:16:24.360 --> 00:16:26.470 align:start position:0% saying the the whose address is it's going<00:16:24.639> to<00:16:25.120> what<00:16:25.279> what<00:16:25.360> are<00:16:25.519> the<00:16:25.680> parameters 00:16:26.470 --> 00:16:26.480 align:start position:0% going to what what are the parameters 00:16:26.480 --> 00:16:29.150 align:start position:0% going to what what are the parameters and<00:16:26.680> then<00:16:27.519> and<00:16:27.680> then<00:16:27.920> just<00:16:28.120> by<00:16:28.279> having<00:16:28.600> static 00:16:29.150 --> 00:16:29.160 align:start position:0% and then and then just by having static 00:16:29.160 --> 00:16:32.110 align:start position:0% and then and then just by having static files<00:16:29.720> with<00:16:30.000> a<00:16:30.199> fixed<00:16:30.959> link<00:16:31.399> anyone<00:16:31.880> could 00:16:32.110 --> 00:16:32.120 align:start position:0% files with a fixed link anyone could 00:16:32.120 --> 00:16:34.230 align:start position:0% files with a fixed link anyone could create<00:16:32.399> a<00:16:32.639> file<00:16:33.160> a<00:16:33.279> link<00:16:33.519> that<00:16:33.639> you<00:16:33.720> would<00:16:33.920> open 00:16:34.230 --> 00:16:34.240 align:start position:0% create a file a link that you would open 00:16:34.240 --> 00:16:36.150 align:start position:0% create a file a link that you would open Miss<00:16:34.680> with<00:16:34.880> the<00:16:35.120> right<00:16:35.440> way<00:16:35.560> to<00:16:35.720> do<00:16:35.800> a 00:16:36.150 --> 00:16:36.160 align:start position:0% Miss with the right way to do a 00:16:36.160 --> 00:16:38.990 align:start position:0% Miss with the right way to do a transaction<00:16:37.160> invitation<00:16:37.800> files<00:16:38.399> we<00:16:38.519> saw<00:16:38.839> on 00:16:38.990 --> 00:16:39.000 align:start position:0% transaction invitation files we saw on 00:16:39.000 --> 00:16:40.430 align:start position:0% transaction invitation files we saw on the<00:16:39.120> beginning<00:16:39.600> that<00:16:39.800> the<00:16:39.920> first<00:16:40.120> thing<00:16:40.279> you 00:16:40.430 --> 00:16:40.440 align:start position:0% the beginning that the first thing you 00:16:40.440 --> 00:16:42.150 align:start position:0% the beginning that the first thing you do<00:16:40.639> on<00:16:40.800> the<00:16:40.959> wallet<00:16:41.319> is<00:16:41.560> download<00:16:41.959> your 00:16:42.150 --> 00:16:42.160 align:start position:0% do on the wallet is download your 00:16:42.160 --> 00:16:44.590 align:start position:0% do on the wallet is download your pre-sale<00:16:42.639> wallet<00:16:43.360> of<00:16:43.560> course<00:16:44.079> fewer<00:16:44.480> and 00:16:44.590 --> 00:16:44.600 align:start position:0% pre-sale wallet of course fewer and 00:16:44.600 --> 00:16:47.590 align:start position:0% pre-sale wallet of course fewer and fewer<00:16:45.079> people<00:16:45.440> still<00:16:45.800> have<00:16:46.000> pre-sale<00:16:46.600> wallets 00:16:47.590 --> 00:16:47.600 align:start position:0% fewer people still have pre-sale wallets 00:16:47.600 --> 00:16:50.110 align:start position:0% fewer people still have pre-sale wallets but<00:16:47.959> what<00:16:48.240> if<00:16:48.399> you<00:16:48.600> could<00:16:49.040> use<00:16:49.519> that<00:16:49.759> same 00:16:50.110 --> 00:16:50.120 align:start position:0% but what if you could use that same 00:16:50.120 --> 00:16:52.110 align:start position:0% but what if you could use that same mechanism<00:16:50.720> to<00:16:50.959> create<00:16:51.399> some<00:16:51.639> sort<00:16:51.880> of 00:16:52.110 --> 00:16:52.120 align:start position:0% mechanism to create some sort of 00:16:52.120 --> 00:16:55.189 align:start position:0% mechanism to create some sort of invitation<00:16:52.880> system<00:16:53.759> where<00:16:54.120> I<00:16:54.279> can<00:16:54.639> create<00:16:55.000> a 00:16:55.189 --> 00:16:55.199 align:start position:0% invitation system where I can create a 00:16:55.199 --> 00:16:57.550 align:start position:0% invitation system where I can create a new<00:16:55.440> a<00:16:55.639> tiny<00:16:55.959> little<00:16:56.440> little<00:16:56.759> wallet<00:16:57.160> with<00:16:57.319> a 00:16:57.550 --> 00:16:57.560 align:start position:0% new a tiny little little wallet with a 00:16:57.560 --> 00:17:00.590 align:start position:0% new a tiny little little wallet with a small<00:16:57.839> amount<00:16:58.040> of<00:16:58.199> V<00:16:58.920> and<00:16:59.079> give<00:16:59.319> to<00:16:59.480> a<00:16:59.639> friend 00:17:00.590 --> 00:17:00.600 align:start position:0% small amount of V and give to a friend 00:17:00.600 --> 00:17:03.389 align:start position:0% small amount of V and give to a friend that<00:17:00.880> will<00:17:01.560> for<00:17:01.920> from<00:17:02.199> his<00:17:02.480> point<00:17:02.680> of<00:17:02.839> view<00:17:03.240> it 00:17:03.389 --> 00:17:03.399 align:start position:0% that will for from his point of view it 00:17:03.399 --> 00:17:05.429 align:start position:0% that will for from his point of view it just<00:17:03.680> looks<00:17:04.039> like<00:17:04.199> an<00:17:04.360> invitation<00:17:04.880> file<00:17:05.240> that 00:17:05.429 --> 00:17:05.439 align:start position:0% just looks like an invitation file that 00:17:05.439 --> 00:17:08.350 align:start position:0% just looks like an invitation file that allows<00:17:05.959> him<00:17:06.199> to<00:17:06.400> be<00:17:06.600> a<00:17:06.760> part<00:17:07.120> of<00:17:07.319> etherion<00:17:08.160> he 00:17:08.350 --> 00:17:08.360 align:start position:0% allows him to be a part of etherion he 00:17:08.360 --> 00:17:11.350 align:start position:0% allows him to be a part of etherion he drags<00:17:08.799> it<00:17:09.360> and<00:17:09.520> then<00:17:09.760> it<00:17:09.919> already<00:17:10.439> has<00:17:10.919> it 00:17:11.350 --> 00:17:11.360 align:start position:0% drags it and then it already has it 00:17:11.360 --> 00:17:13.309 align:start position:0% drags it and then it already has it already<00:17:11.760> has<00:17:12.039> some<00:17:12.400> some<00:17:12.600> parameters<00:17:13.120> some 00:17:13.309 --> 00:17:13.319 align:start position:0% already has some some parameters some 00:17:13.319 --> 00:17:15.470 align:start position:0% already has some some parameters some functions<00:17:13.640> and<00:17:13.839> things<00:17:14.079> that<00:17:14.480> allow<00:17:14.880> him<00:17:15.160> to 00:17:15.470 --> 00:17:15.480 align:start position:0% functions and things that allow him to 00:17:15.480 --> 00:17:18.069 align:start position:0% functions and things that allow him to to<00:17:15.640> connect<00:17:16.120> your<00:17:16.439> back<00:17:16.600> to<00:17:16.720> your<00:17:16.919> friends<00:17:17.919> we 00:17:18.069 --> 00:17:18.079 align:start position:0% to connect your back to your friends we 00:17:18.079 --> 00:17:20.949 align:start position:0% to connect your back to your friends we want<00:17:18.319> to<00:17:18.480> work<00:17:18.720> with<00:17:18.959> theed<00:17:19.959> and<00:17:20.120> paper<00:17:20.400> wallet 00:17:20.949 --> 00:17:20.959 align:start position:0% want to work with theed and paper wallet 00:17:20.959 --> 00:17:23.150 align:start position:0% want to work with theed and paper wallet and<00:17:21.199> we<00:17:21.319> are<00:17:21.559> moving<00:17:21.959> the<00:17:22.160> account<00:17:22.439> management 00:17:23.150 --> 00:17:23.160 align:start position:0% and we are moving the account management 00:17:23.160 --> 00:17:25.710 align:start position:0% and we are moving the account management from<00:17:23.400> the<00:17:23.520> node<00:17:23.959> to<00:17:24.160> the<00:17:24.319> client<00:17:25.079> it<00:17:25.280> has<00:17:25.480> two 00:17:25.710 --> 00:17:25.720 align:start position:0% from the node to the client it has two 00:17:25.720 --> 00:17:27.870 align:start position:0% from the node to the client it has two big<00:17:25.959> advantages<00:17:26.640> one<00:17:26.799> of<00:17:26.959> them<00:17:27.160> it<00:17:27.360> makes<00:17:27.720> the 00:17:27.870 --> 00:17:27.880 align:start position:0% big advantages one of them it makes the 00:17:27.880 --> 00:17:30.750 align:start position:0% big advantages one of them it makes the node<00:17:28.919> appable<00:17:29.280> back<00:17:29.440> ends<00:17:29.880> easier<00:17:30.400> because 00:17:30.750 --> 00:17:30.760 align:start position:0% node appable back ends easier because 00:17:30.760 --> 00:17:33.750 align:start position:0% node appable back ends easier because now<00:17:31.559> you<00:17:31.880> your<00:17:32.039> node<00:17:32.400> only<00:17:32.600> needs<00:17:32.919> to<00:17:33.360> to<00:17:33.600> be 00:17:33.750 --> 00:17:33.760 align:start position:0% now you your node only needs to to be 00:17:33.760 --> 00:17:35.110 align:start position:0% now you your node only needs to to be able<00:17:33.960> to<00:17:34.080> think<00:17:34.320> with<00:17:34.480> the<00:17:34.600> blockchain<00:17:35.000> it 00:17:35.110 --> 00:17:35.120 align:start position:0% able to think with the blockchain it 00:17:35.120 --> 00:17:36.750 align:start position:0% able to think with the blockchain it doesn't<00:17:35.360> need<00:17:35.520> to<00:17:35.720> actually<00:17:36.160> do<00:17:36.360> the<00:17:36.480> account 00:17:36.750 --> 00:17:36.760 align:start position:0% doesn't need to actually do the account 00:17:36.760 --> 00:17:38.990 align:start position:0% doesn't need to actually do the account management<00:17:37.320> and<00:17:37.480> the<00:17:37.600> user<00:17:37.919> doesn't<00:17:38.200> need<00:17:38.400> to 00:17:38.990 --> 00:17:39.000 align:start position:0% management and the user doesn't need to 00:17:39.000 --> 00:17:41.390 align:start position:0% management and the user doesn't need to to<00:17:39.520> have<00:17:39.760> new<00:17:40.080> accounts<00:17:40.400> for<00:17:40.600> every<00:17:40.840> node<00:17:41.240> they 00:17:41.390 --> 00:17:41.400 align:start position:0% to have new accounts for every node they 00:17:41.400 --> 00:17:43.390 align:start position:0% to have new accounts for every node they they<00:17:41.520> want<00:17:41.760> it's<00:17:41.960> easier<00:17:42.240> for<00:17:42.440> them<00:17:42.600> to<00:17:42.720> switch 00:17:43.390 --> 00:17:43.400 align:start position:0% they want it's easier for them to switch 00:17:43.400 --> 00:17:46.070 align:start position:0% they want it's easier for them to switch and<00:17:43.640> also<00:17:44.000> allows<00:17:44.480> us<00:17:44.720> to<00:17:44.919> do<00:17:45.120> more<00:17:45.400> extensible 00:17:46.070 --> 00:17:46.080 align:start position:0% and also allows us to do more extensible 00:17:46.080 --> 00:17:48.070 align:start position:0% and also allows us to do more extensible things<00:17:46.520> like<00:17:46.760> at<00:17:46.880> some<00:17:47.120> point<00:17:47.400> allowing<00:17:47.840> you 00:17:48.070 --> 00:17:48.080 align:start position:0% things like at some point allowing you 00:17:48.080 --> 00:17:50.350 align:start position:0% things like at some point allowing you to<00:17:48.559> do<00:17:48.840> anything<00:17:49.200> you<00:17:49.320> want<00:17:49.480> to<00:17:49.640> do<00:17:49.840> with<00:17:49.960> a 00:17:50.350 --> 00:17:50.360 align:start position:0% to do anything you want to do with a 00:17:50.360 --> 00:17:51.830 align:start position:0% to do anything you want to do with a with<00:17:50.440> an<00:17:50.600> account<00:17:50.960> you<00:17:51.080> could<00:17:51.240> do<00:17:51.520> with<00:17:51.679> a 00:17:51.830 --> 00:17:51.840 align:start position:0% with an account you could do with a 00:17:51.840 --> 00:17:53.590 align:start position:0% with an account you could do with a contract<00:17:52.360> let's<00:17:52.559> say<00:17:52.960> you<00:17:53.039> could<00:17:53.200> do<00:17:53.320> with<00:17:53.440> a 00:17:53.590 --> 00:17:53.600 align:start position:0% contract let's say you could do with a 00:17:53.600 --> 00:17:55.950 align:start position:0% contract let's say you could do with a MTI<00:17:54.280> or<00:17:54.400> you<00:17:54.480> could<00:17:54.640> do<00:17:54.880> with<00:17:55.080> a<00:17:55.280> schedular 00:17:55.950 --> 00:17:55.960 align:start position:0% MTI or you could do with a schedular 00:17:55.960 --> 00:17:57.830 align:start position:0% MTI or you could do with a schedular contract<00:17:56.440> or<00:17:56.679> anything<00:17:57.080> like 00:17:57.830 --> 00:17:57.840 align:start position:0% contract or anything like 00:17:57.840 --> 00:18:01.230 align:start position:0% contract or anything like that<00:17:58.840> and<00:17:59.000> there's<00:17:59.240> another<00:17:59.679> thing<00:18:00.440> and<00:18:00.919> and 00:18:01.230 --> 00:18:01.240 align:start position:0% that and there's another thing and and 00:18:01.240 --> 00:18:03.669 align:start position:0% that and there's another thing and and the<00:18:01.440> reason<00:18:01.760> I<00:18:01.919> chose<00:18:02.240> that<00:18:02.480> picture<00:18:02.919> is<00:18:03.320> it's 00:18:03.669 --> 00:18:03.679 align:start position:0% the reason I chose that picture is it's 00:18:03.679 --> 00:18:07.230 align:start position:0% the reason I chose that picture is it's it's<00:18:03.880> something<00:18:04.400> I<00:18:04.520> want<00:18:04.760> to<00:18:04.960> leave<00:18:05.360> you<00:18:06.240> guys 00:18:07.230 --> 00:18:07.240 align:start position:0% it's something I want to leave you guys 00:18:07.240 --> 00:18:10.390 align:start position:0% it's something I want to leave you guys with<00:18:08.080> it's<00:18:09.080> I<00:18:09.200> come<00:18:09.400> from<00:18:09.600> Brazil<00:18:10.080> and<00:18:10.240> in 00:18:10.390 --> 00:18:10.400 align:start position:0% with it's I come from Brazil and in 00:18:10.400 --> 00:18:12.070 align:start position:0% with it's I come from Brazil and in Brazil<00:18:10.720> there's<00:18:11.039> literally<00:18:11.440> nothing<00:18:11.760> that's 00:18:12.070 --> 00:18:12.080 align:start position:0% Brazil there's literally nothing that's 00:18:12.080 --> 00:18:14.470 align:start position:0% Brazil there's literally nothing that's five<00:18:12.400> more<00:18:12.600> than<00:18:12.840> 500<00:18:13.360> years<00:18:13.559> old<00:18:13.880> and<00:18:14.080> mostly 00:18:14.470 --> 00:18:14.480 align:start position:0% five more than 500 years old and mostly 00:18:14.480 --> 00:18:17.190 align:start position:0% five more than 500 years old and mostly not<00:18:14.799> nothing<00:18:15.039> that's<00:18:15.200> more<00:18:15.960> 200<00:18:16.240> years<00:18:16.440> old 00:18:17.190 --> 00:18:17.200 align:start position:0% not nothing that's more 200 years old 00:18:17.200 --> 00:18:19.270 align:start position:0% not nothing that's more 200 years old but<00:18:17.400> here<00:18:17.600> is<00:18:17.840> different<00:18:18.280> in<00:18:18.480> China<00:18:18.880> and<00:18:19.080> in 00:18:19.270 --> 00:18:19.280 align:start position:0% but here is different in China and in 00:18:19.280 --> 00:18:21.990 align:start position:0% but here is different in China and in Europe<00:18:19.880> we<00:18:20.080> you<00:18:20.280> still<00:18:20.520> can<00:18:20.720> find<00:18:21.039> roads<00:18:21.880> that 00:18:21.990 --> 00:18:22.000 align:start position:0% Europe we you still can find roads that 00:18:22.000 --> 00:18:24.630 align:start position:0% Europe we you still can find roads that are<00:18:22.240> thousands<00:18:22.720> of<00:18:23.039> years<00:18:23.360> old<00:18:24.240> those<00:18:24.400> are 00:18:24.630 --> 00:18:24.640 align:start position:0% are thousands of years old those are 00:18:24.640 --> 00:18:27.149 align:start position:0% are thousands of years old those are roads<00:18:25.000> that<00:18:25.159> were<00:18:25.360> built<00:18:25.799> by<00:18:26.280> Empires<00:18:26.919> that 00:18:27.149 --> 00:18:27.159 align:start position:0% roads that were built by Empires that 00:18:27.159 --> 00:18:29.870 align:start position:0% roads that were built by Empires that have<00:18:27.360> long<00:18:27.640> been<00:18:27.960> gone<00:18:28.840> and<00:18:29.000> that<00:18:29.280> after<00:18:29.600> those 00:18:29.870 --> 00:18:29.880 align:start position:0% have long been gone and that after those 00:18:29.880 --> 00:18:32.110 align:start position:0% have long been gone and that after those Empires<00:18:30.440> other<00:18:30.760> kingdoms<00:18:31.240> have<00:18:31.559> come<00:18:31.880> and 00:18:32.110 --> 00:18:32.120 align:start position:0% Empires other kingdoms have come and 00:18:32.120 --> 00:18:34.149 align:start position:0% Empires other kingdoms have come and gone<00:18:32.559> and<00:18:32.720> the<00:18:32.880> roads<00:18:33.200> are<00:18:33.440> still<00:18:33.799> there<00:18:34.000> and 00:18:34.149 --> 00:18:34.159 align:start position:0% gone and the roads are still there and 00:18:34.159 --> 00:18:37.110 align:start position:0% gone and the roads are still there and the<00:18:34.280> roads<00:18:34.559> are<00:18:34.880> still<00:18:35.760> usable<00:18:36.760> and<00:18:36.919> they're 00:18:37.110 --> 00:18:37.120 align:start position:0% the roads are still usable and they're 00:18:37.120 --> 00:18:40.590 align:start position:0% the roads are still usable and they're not<00:18:37.440> usable<00:18:38.080> because<00:18:38.440> they<00:18:38.600> were<00:18:39.200> magical<00:18:40.080> or 00:18:40.590 --> 00:18:40.600 align:start position:0% not usable because they were magical or 00:18:40.600 --> 00:18:42.270 align:start position:0% not usable because they were magical or they<00:18:40.799> they<00:18:40.880> are<00:18:41.080> built<00:18:41.559> very<00:18:41.760> well<00:18:42.039> in<00:18:42.159> the 00:18:42.270 --> 00:18:42.280 align:start position:0% they they are built very well in the 00:18:42.280 --> 00:18:44.870 align:start position:0% they they are built very well in the beginning<00:18:43.120> they<00:18:43.240> are<00:18:43.440> still<00:18:43.720> usable<00:18:44.240> today 00:18:44.870 --> 00:18:44.880 align:start position:0% beginning they are still usable today 00:18:44.880 --> 00:18:47.669 align:start position:0% beginning they are still usable today because<00:18:45.640> those<00:18:46.000> people<00:18:46.360> that<00:18:46.640> came<00:18:47.159> after<00:18:47.559> the 00:18:47.669 --> 00:18:47.679 align:start position:0% because those people that came after the 00:18:47.679 --> 00:18:50.909 align:start position:0% because those people that came after the original<00:18:48.159> purpose<00:18:48.559> of<00:18:48.720> the<00:18:48.919> road<00:18:49.600> was<00:18:49.919> gone 00:18:50.909 --> 00:18:50.919 align:start position:0% original purpose of the road was gone 00:18:50.919 --> 00:18:52.990 align:start position:0% original purpose of the road was gone those<00:18:51.120> people<00:18:51.440> could<00:18:51.720> just<00:18:52.080> do<00:18:52.400> their<00:18:52.760> own 00:18:52.990 --> 00:18:53.000 align:start position:0% those people could just do their own 00:18:53.000 --> 00:18:55.590 align:start position:0% those people could just do their own road<00:18:53.480> maintenance<00:18:54.480> now<00:18:54.679> railroads<00:18:55.240> are<00:18:55.360> not 00:18:55.590 --> 00:18:55.600 align:start position:0% road maintenance now railroads are not 00:18:55.600 --> 00:18:57.789 align:start position:0% road maintenance now railroads are not like<00:18:55.799> that<00:18:56.159> you<00:18:56.280> can<00:18:56.520> find<00:18:57.039> railroads<00:18:57.679> that 00:18:57.789 --> 00:18:57.799 align:start position:0% like that you can find railroads that 00:18:57.799 --> 00:19:01.070 align:start position:0% like that you can find railroads that are<00:18:58.039> 30<00:18:58.360> years<00:18:58.840> oldow<00:18:59.520> that<00:18:59.799> because<00:19:00.720> uh<00:19:00.960> a 00:19:01.070 --> 00:19:01.080 align:start position:0% are 30 years oldow that because uh a 00:19:01.080 --> 00:19:02.990 align:start position:0% are 30 years oldow that because uh a single<00:19:01.400> company<00:19:01.760> has<00:19:01.919> gone<00:19:02.159> bankrupt<00:19:02.799> or 00:19:02.990 --> 00:19:03.000 align:start position:0% single company has gone bankrupt or 00:19:03.000 --> 00:19:05.029 align:start position:0% single company has gone bankrupt or because<00:19:03.200> a<00:19:03.360> government<00:19:03.799> just<00:19:04.240> lost<00:19:04.640> interest 00:19:05.029 --> 00:19:05.039 align:start position:0% because a government just lost interest 00:19:05.039 --> 00:19:07.710 align:start position:0% because a government just lost interest on<00:19:05.280> that<00:19:05.919> it<00:19:06.039> just<00:19:06.240> lies<00:19:06.600> there<00:19:07.000> abandoned<00:19:07.559> and 00:19:07.710 --> 00:19:07.720 align:start position:0% on that it just lies there abandoned and 00:19:07.720 --> 00:19:10.510 align:start position:0% on that it just lies there abandoned and nobody<00:19:08.159> else<00:19:08.440> can<00:19:08.600> do<00:19:08.799> it<00:19:09.320> can<00:19:09.600> can<00:19:09.960> keep<00:19:10.200> using 00:19:10.510 --> 00:19:10.520 align:start position:0% nobody else can do it can can keep using 00:19:10.520 --> 00:19:13.070 align:start position:0% nobody else can do it can can keep using it<00:19:11.080> so<00:19:11.280> let's<00:19:11.520> try<00:19:11.720> to<00:19:11.919> build<00:19:12.200> the<00:19:12.400> internet 00:19:13.070 --> 00:19:13.080 align:start position:0% it so let's try to build the internet 00:19:13.080 --> 00:19:16.590 align:start position:0% it so let's try to build the internet like<00:19:13.280> we<00:19:13.480> build<00:19:13.799> roads<00:19:14.600> not<00:19:15.280> railroads<00:19:16.280> what 00:19:16.590 --> 00:19:16.600 align:start position:0% like we build roads not railroads what 00:19:16.600 --> 00:19:18.750 align:start position:0% like we build roads not railroads what think<00:19:17.000> of<00:19:17.200> Twitter<00:19:17.640> think<00:19:17.840> of<00:19:18.039> wiched<00:19:18.559> think 00:19:18.750 --> 00:19:18.760 align:start position:0% think of Twitter think of wiched think 00:19:18.760 --> 00:19:20.990 align:start position:0% think of Twitter think of wiched think of<00:19:18.960> all<00:19:19.200> those<00:19:19.480> apps<00:19:19.720> that<00:19:19.880> we<00:19:20.039> use<00:19:20.400> every<00:19:20.679> day 00:19:20.990 --> 00:19:21.000 align:start position:0% of all those apps that we use every day 00:19:21.000 --> 00:19:23.669 align:start position:0% of all those apps that we use every day that<00:19:21.200> make<00:19:21.480> a<00:19:21.679> big<00:19:21.919> difference<00:19:22.919> they<00:19:23.039> can<00:19:23.320> now 00:19:23.669 --> 00:19:23.679 align:start position:0% that make a big difference they can now 00:19:23.679 --> 00:19:26.990 align:start position:0% that make a big difference they can now simply<00:19:24.039> go<00:19:24.320> away<00:19:24.880> tomorrow<00:19:25.880> if<00:19:26.400> there<00:19:26.919> they 00:19:26.990 --> 00:19:27.000 align:start position:0% simply go away tomorrow if there they 00:19:27.000 --> 00:19:29.310 align:start position:0% simply go away tomorrow if there they are<00:19:27.200> blocked<00:19:27.720> by<00:19:27.840> a<00:19:28.000> government<00:19:28.440> or<00:19:28.880> if<00:19:29.039> their 00:19:29.310 --> 00:19:29.320 align:start position:0% are blocked by a government or if their 00:19:29.320 --> 00:19:32.789 align:start position:0% are blocked by a government or if their board<00:19:30.120> makes<00:19:30.400> a<00:19:30.600> bad<00:19:31.200> decision<00:19:31.760> that<00:19:32.080> go<00:19:32.520> takes 00:19:32.789 --> 00:19:32.799 align:start position:0% board makes a bad decision that go takes 00:19:32.799 --> 00:19:34.710 align:start position:0% board makes a bad decision that go takes the<00:19:33.000> app<00:19:33.200> in<00:19:33.320> a<00:19:33.480> different<00:19:34.240> direction<00:19:34.600> than 00:19:34.710 --> 00:19:34.720 align:start position:0% the app in a different direction than 00:19:34.720 --> 00:19:38.669 align:start position:0% the app in a different direction than the<00:19:34.880> community<00:19:35.440> is<00:19:36.320> let's<00:19:36.679> try<00:19:36.919> to<00:19:37.200> build<00:19:37.760> apps 00:19:38.669 --> 00:19:38.679 align:start position:0% the community is let's try to build apps 00:19:38.679 --> 00:19:39.909 align:start position:0% the community is let's try to build apps that 00:19:39.909 --> 00:19:39.919 align:start position:0% that 00:19:39.919 --> 00:19:43.950 align:start position:0% that allow<00:19:40.919> that<00:19:41.559> allow<00:19:42.559> that<00:19:42.799> just<00:19:43.039> like<00:19:43.280> roads 00:19:43.950 --> 00:19:43.960 align:start position:0% allow that allow that just like roads 00:19:43.960 --> 00:19:47.510 align:start position:0% allow that allow that just like roads will<00:19:44.240> allow<00:19:44.679> anyone<00:19:45.480> who<00:19:46.440> the<00:19:46.640> community<00:19:47.200> that 00:19:47.510 --> 00:19:47.520 align:start position:0% will allow anyone who the community that 00:19:47.520 --> 00:19:50.789 align:start position:0% will allow anyone who the community that wants<00:19:47.799> to<00:19:48.080> take<00:19:49.000> that<00:19:49.240> allows<00:19:50.159> the<00:19:50.360> app<00:19:50.600> to 00:19:50.789 --> 00:19:50.799 align:start position:0% wants to take that allows the app to 00:19:50.799 --> 00:19:54.390 align:start position:0% wants to take that allows the app to keep<00:19:51.520> be<00:19:52.000> alive<00:19:52.480> and<00:19:52.760> keep<00:19:53.240> running<00:19:53.919> long 00:19:54.390 --> 00:19:54.400 align:start position:0% keep be alive and keep running long 00:19:54.400 --> 00:19:56.190 align:start position:0% keep be alive and keep running long after<00:19:54.880> the<00:19:55.000> original<00:19:55.559> purpose<00:19:55.960> and<00:19:56.080> the 00:19:56.190 --> 00:19:56.200 align:start position:0% after the original purpose and the 00:19:56.200 --> 00:19:59.390 align:start position:0% after the original purpose and the original<00:19:56.600> creators<00:19:57.200> of<00:19:57.480> them<00:19:57.960> are<00:19:58.240> gone<00:19:59.080> apps 00:19:59.390 --> 00:19:59.400 align:start position:0% original creators of them are gone apps 00:19:59.400 --> 00:20:01.830 align:start position:0% original creators of them are gone apps that<00:19:59.640> other<00:20:00.000> communities<00:20:00.559> can<00:20:00.840> take<00:20:01.120> over<00:20:01.600> can 00:20:01.830 --> 00:20:01.840 align:start position:0% that other communities can take over can 00:20:01.840 --> 00:20:04.870 align:start position:0% that other communities can take over can control<00:20:02.520> and<00:20:02.840> can<00:20:03.120> take<00:20:03.400> forward<00:20:04.360> apps<00:20:04.720> that 00:20:04.870 --> 00:20:04.880 align:start position:0% control and can take forward apps that 00:20:04.880 --> 00:20:08.390 align:start position:0% control and can take forward apps that are<00:20:05.240> truly<00:20:05.720> Unstoppable<00:20:06.520> and<00:20:06.760> are<00:20:07.400> truly 00:20:08.390 --> 00:20:08.400 align:start position:0% are truly Unstoppable and are truly 00:20:08.400 --> 00:20:10.750 align:start position:0% are truly Unstoppable and are truly there<00:20:08.880> for<00:20:09.159> a<00:20:09.360> long<00:20:09.679> time<00:20:09.919> and<00:20:10.080> they<00:20:10.200> are<00:20:10.360> for 00:20:10.750 --> 00:20:10.760 align:start position:0% there for a long time and they are for 00:20:10.760 --> 00:20:13.110 align:start position:0% there for a long time and they are for for<00:20:10.960> the<00:20:11.120> long<00:20:11.360> term<00:20:12.320> and<00:20:12.559> I<00:20:12.640> would<00:20:12.880> really 00:20:13.110 --> 00:20:13.120 align:start position:0% for the long term and I would really 00:20:13.120 --> 00:20:15.549 align:start position:0% for the long term and I would really like<00:20:13.280> to<00:20:13.520> thank<00:20:13.840> my<00:20:14.000> whole<00:20:14.240> team<00:20:14.760> for<00:20:15.159> all<00:20:15.360> the 00:20:15.549 --> 00:20:15.559 align:start position:0% like to thank my whole team for all the 00:20:15.559 --> 00:20:17.630 align:start position:0% like to thank my whole team for all the good<00:20:15.760> work<00:20:16.120> that<00:20:16.320> they<00:20:16.559> they've<00:20:16.760> been<00:20:16.919> doing 00:20:17.630 --> 00:20:17.640 align:start position:0% good work that they they've been doing 00:20:17.640 --> 00:20:19.549 align:start position:0% good work that they they've been doing and<00:20:17.919> a<00:20:18.080> lot<00:20:18.240> of<00:20:18.520> other<00:20:18.840> people<00:20:19.120> that<00:20:19.240> are<00:20:19.400> not 00:20:19.549 --> 00:20:19.559 align:start position:0% and a lot of other people that are not 00:20:19.559 --> 00:20:22.510 align:start position:0% and a lot of other people that are not directly<00:20:19.960> part<00:20:20.120> of<00:20:20.320> my<00:20:20.520> team<00:20:20.880> but<00:20:21.120> are<00:20:21.640> also 00:20:22.510 --> 00:20:22.520 align:start position:0% directly part of my team but are also 00:20:22.520 --> 00:20:25.390 align:start position:0% directly part of my team but are also very<00:20:22.919> important<00:20:23.400> step<00:20:23.960> into<00:20:24.320> having<00:20:24.720> M<00:20:25.240> where 00:20:25.390 --> 00:20:25.400 align:start position:0% very important step into having M where 00:20:25.400 --> 00:20:29.160 align:start position:0% very important step into having M where it<00:20:25.520> is<00:20:26.000> today<00:20:27.000> thank<00:20:27.200> you 00:20:29.160 --> 00:20:29.170 align:start position:0% it is today thank you 00:20:29.170 --> 00:20:36.529 align:start position:0% it is today thank you [Music]