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what<00:00:05.360><c> this</c><00:00:05.510><c> is</c><00:00:05.810><c> is</c><00:00:06.110><c> a</c><00:00:06.200><c> community</c><00:00:06.860><c> discussion</c>

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what this is is a community discussion
 

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what this is is a community discussion
and<00:00:07.700><c> we</c><00:00:07.970><c> have</c><00:00:08.180><c> people</c><00:00:08.600><c> who</c><00:00:08.750><c> are</c><00:00:08.780><c> core</c><00:00:09.110><c> devs</c><00:00:10.120><c> we</c>

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and we have people who are core devs we
 

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and we have people who are core devs we
have<00:00:11.270><c> cat</c><00:00:11.510><c> herders</c><00:00:11.900><c> here</c><00:00:12.469><c> we</c><00:00:13.400><c> have</c><00:00:13.520><c> all</c><00:00:13.700><c> kinds</c>

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have cat herders here we have all kinds
 

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have cat herders here we have all kinds
of<00:00:14.030><c> people</c><00:00:14.210><c> or</c><00:00:14.750><c> from</c><00:00:14.960><c> different</c>

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of people or from different
 

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of people or from different
organizations<00:00:15.590><c> to</c><00:00:16.010><c> bring</c><00:00:16.220><c> different</c><00:00:16.340><c> skills</c>

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organizations to bring different skills
 

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organizations to bring different skills
to<00:00:17.150><c> this</c><00:00:17.270><c> and</c><00:00:17.570><c> what</c><00:00:18.110><c> we're</c><00:00:18.200><c> going</c><00:00:18.290><c> to</c><00:00:18.349><c> talk</c>

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to this and what we're going to talk
 

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to this and what we're going to talk
about<00:00:18.590><c> is</c><00:00:18.920><c> theorem</c><00:00:19.340><c> 1x</c><00:00:19.990><c> and</c><00:00:20.990><c> so</c><00:00:21.529><c> this</c><00:00:21.950><c> is</c><00:00:22.070><c> an</c>

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about is theorem 1x and so this is an
 

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about is theorem 1x and so this is an
open<00:00:22.310><c> format</c><00:00:22.849><c> this</c><00:00:23.000><c> is</c><00:00:23.150><c> a</c><00:00:23.180><c> fishbowl</c><00:00:23.630><c> format</c>

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open format this is a fishbowl format
 

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open format this is a fishbowl format
and<00:00:24.320><c> so</c><00:00:24.770><c> what</c><00:00:24.919><c> that</c><00:00:24.950><c> means</c><00:00:25.099><c> is</c><00:00:25.550><c> people</c><00:00:25.880><c> from</c>

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and so what that means is people from
 

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and so what that means is people from
the<00:00:26.119><c> audience</c><00:00:26.390><c> can</c><00:00:26.540><c> join</c><00:00:26.810><c> us</c><00:00:27.020><c> in</c><00:00:27.230><c> the</c><00:00:27.290><c> week</c><00:00:27.439><c> we</c>

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the audience can join us in the week we
 

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the audience can join us in the week we
have<00:00:27.829><c> these</c><00:00:27.980><c> -</c><00:00:28.279><c> this</c><00:00:28.579><c> chair</c><00:00:28.880><c> right</c><00:00:29.090><c> here</c><00:00:29.419><c> in</c>

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have these - this chair right here in
 

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have these - this chair right here in
this<00:00:29.660><c> chair</c><00:00:29.869><c> right</c><00:00:29.930><c> there</c><00:00:30.560><c> we're</c><00:00:30.710><c> gonna</c><00:00:30.829><c> try</c>

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this chair right there we're gonna try
 

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this chair right there we're gonna try
to<00:00:31.099><c> keep</c><00:00:31.340><c> open</c><00:00:31.790><c> so</c><00:00:32.480><c> if</c><00:00:32.599><c> you</c><00:00:32.720><c> come</c><00:00:32.930><c> to</c><00:00:33.050><c> the</c><00:00:33.140><c> front</c>

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to keep open so if you come to the front
 

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to keep open so if you come to the front
there's<00:00:33.530><c> someone</c><00:00:33.739><c> there</c><00:00:33.829><c> you</c><00:00:33.920><c> can</c><00:00:34.070><c> kick</c><00:00:34.250><c> them</c>

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there's someone there you can kick them
 

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there's someone there you can kick them
out<00:00:34.489><c> if</c><00:00:35.270><c> you</c><00:00:35.450><c> would</c><00:00:35.570><c> like</c><00:00:35.720><c> to</c><00:00:35.750><c> to</c><00:00:36.410><c> join</c><00:00:37.180><c> but</c><00:00:38.180><c> I</c>

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out if you would like to to join but I
 

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out if you would like to to join but I
expect<00:00:38.660><c> this</c><00:00:38.750><c> to</c><00:00:38.930><c> fill</c><00:00:39.140><c> in</c><00:00:39.320><c> more</c><00:00:39.530><c> as</c><00:00:39.829><c> more</c><00:00:40.100><c> and</c>

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expect this to fill in more as more and
 

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expect this to fill in more as more and
more<00:00:40.219><c> people</c><00:00:40.430><c> want</c><00:00:40.699><c> to</c><00:00:40.760><c> participate</c><00:00:41.239><c> if</c><00:00:41.780><c> you</c>

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more people want to participate if you
 

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more people want to participate if you
want<00:00:42.019><c> to</c><00:00:42.109><c> keep</c><00:00:42.289><c> participating</c><00:00:43.070><c> you</c><00:00:43.160><c> can</c><00:00:43.309><c> move</c>

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want to keep participating you can move
 

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want to keep participating you can move
into<00:00:43.609><c> one</c><00:00:43.820><c> of</c><00:00:43.910><c> these</c><00:00:44.000><c> chairs</c><00:00:44.300><c> and</c><00:00:44.570><c> just</c><00:00:44.600><c> stay</c>

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into one of these chairs and just stay
 

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into one of these chairs and just stay
maybe<00:00:45.980><c> you</c><00:00:46.129><c> won't</c><00:00:46.250><c> get</c><00:00:46.429><c> kicked</c><00:00:46.640><c> out</c><00:00:46.789><c> but</c><00:00:47.090><c> I</c>

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maybe you won't get kicked out but I
 

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maybe you won't get kicked out but I
think<00:00:47.359><c> anyone</c><00:00:47.660><c> could</c><00:00:47.840><c> be</c><00:00:47.960><c> kicked</c><00:00:48.170><c> out</c><00:00:48.350><c> so</c>

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think anyone could be kicked out so
 

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think anyone could be kicked out so
sorry<00:00:50.469><c> but</c><00:00:51.469><c> yeah</c><00:00:51.679><c> just</c><00:00:51.949><c> keep</c><00:00:52.129><c> in</c><00:00:52.219><c> mind</c><00:00:52.250><c> you're</c>

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sorry but yeah just keep in mind you're
 

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sorry but yeah just keep in mind you're
you're<00:00:52.969><c> free</c><00:00:53.449><c> to</c><00:00:53.780><c> participate</c><00:00:53.989><c> so</c><00:00:54.649><c> we're</c>

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you're free to participate so we're
 

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you're free to participate so we're
gonna<00:00:55.010><c> have</c><00:00:55.339><c> I</c><00:00:56.239><c> guess</c><00:00:56.960><c> we'll</c><00:00:57.140><c> try</c><00:00:57.320><c> to</c><00:00:57.379><c> keep</c><00:00:57.769><c> a</c>

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gonna have I guess we'll try to keep a
 

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gonna have I guess we'll try to keep a
mic<00:00:58.100><c> mic</c><00:00:58.370><c> over</c><00:00:58.850><c> here</c><00:00:58.999><c> if</c><00:00:59.539><c> anyone</c><00:00:59.629><c> wants</c><00:00:59.989><c> to</c>

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mic mic over here if anyone wants to
 

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mic mic over here if anyone wants to
come<00:01:00.079><c> and</c><00:01:00.440><c> we'll</c><00:01:00.559><c> put</c><00:01:00.679><c> a</c><00:01:00.710><c> mic</c><00:01:00.890><c> right</c><00:01:00.920><c> here</c><00:01:01.370><c> and</c>

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come and we'll put a mic right here and
 

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come and we'll put a mic right here and
so<00:01:02.510><c> I</c><00:01:02.539><c> guess</c><00:01:02.989><c> we'll</c><00:01:03.170><c> get</c><00:01:03.260><c> started</c><00:01:03.320><c> the</c><00:01:04.159><c> key</c><00:01:04.430><c> the</c>

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so I guess we'll get started the key the
 

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so I guess we'll get started the key the
key<00:01:05.360><c> to</c><00:01:05.510><c> this</c><00:01:05.630><c> is</c><00:01:05.900><c> where</c><00:01:06.200><c> we're</c><00:01:06.440><c> gonna</c><00:01:06.500><c> start</c>

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key to this is where we're gonna start
 

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key to this is where we're gonna start
with<00:01:07.010><c> what</c><00:01:07.220><c> what</c><00:01:07.610><c> does</c><00:01:07.760><c> the</c><00:01:07.880><c> community</c><00:01:08.090><c> want</c>

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with what what does the community want
 

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with what what does the community want
to<00:01:08.600><c> talk</c><00:01:08.750><c> about</c><00:01:08.930><c> what</c><00:01:09.650><c> -</c><00:01:09.800><c> developers</c><00:01:10.280><c> want</c><00:01:10.490><c> to</c>

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to talk about what - developers want to
 

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to talk about what - developers want to
talk<00:01:10.700><c> about</c><00:01:10.820><c> what</c><00:01:11.030><c> core</c><00:01:11.330><c> developers</c><00:01:11.840><c> want</c><00:01:12.050><c> to</c>

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talk about what core developers want to
 

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talk about what core developers want to
talk<00:01:12.260><c> about</c><00:01:12.610><c> and</c><00:01:13.610><c> then</c><00:01:13.940><c> I'll</c><00:01:14.090><c> I</c><00:01:14.300><c> can</c><00:01:14.420><c> just</c><00:01:14.750><c> pass</c>

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talk about and then I'll I can just pass
 

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talk about and then I'll I can just pass
the<00:01:14.960><c> microphone</c><00:01:15.260><c> on</c><00:01:15.770><c> to</c><00:01:16.010><c> you</c><00:01:16.160><c> all</c><00:01:16.670><c> and</c><00:01:17.000><c> then</c>

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the microphone on to you all and then
 

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the microphone on to you all and then
maybe<00:01:17.690><c> you</c><00:01:17.870><c> guys</c><00:01:18.050><c> can</c><00:01:18.350><c> get</c><00:01:18.500><c> started</c><00:01:18.530><c> with</c><00:01:19.220><c> the</c>

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maybe you guys can get started with the
 

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maybe you guys can get started with the
conversation

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conversation
 

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conversation
sounds<00:01:21.230><c> great</c><00:01:21.410><c> should</c><00:01:21.590><c> we</c><00:01:21.650><c> do</c><00:01:21.770><c> intros</c><00:01:22.190><c> with</c>

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sounds great should we do intros with
 

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sounds great should we do intros with
some<00:01:22.970><c> of</c><00:01:23.060><c> the</c><00:01:23.120><c> people</c><00:01:23.390><c> up</c><00:01:23.480><c> here</c><00:01:23.510><c> who</c><00:01:23.720><c> are</c><00:01:23.900><c> core</c>

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some of the people up here who are core
 

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some of the people up here who are core
devs<00:01:24.350><c> and</c><00:01:24.590><c> stuff</c><00:01:24.770><c> just</c><00:01:24.950><c> so</c><00:01:25.100><c> people</c><00:01:25.250><c> are</c>

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devs and stuff just so people are
 

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devs and stuff just so people are
familiar<00:01:25.520><c> well</c><00:01:26.300><c> everyone</c><00:01:26.570><c> in</c><00:01:26.630><c> the</c><00:01:26.690><c> circle</c>

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familiar well everyone in the circle
 

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familiar well everyone in the circle
gets<00:01:27.110><c> an</c><00:01:27.290><c> intro</c><00:01:27.590><c> so</c><00:01:27.800><c> perfect</c><00:01:28.520><c> yes</c><00:01:28.730><c> if</c><00:01:28.910><c> you're</c>

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gets an intro so perfect yes if you're
 

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gets an intro so perfect yes if you're
gonna<00:01:29.210><c> sit</c><00:01:29.450><c> in</c><00:01:29.570><c> a</c><00:01:29.630><c> circle</c><00:01:29.960><c> then</c><00:01:30.170><c> introduce</c>

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gonna sit in a circle then introduce
 

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gonna sit in a circle then introduce
yourself<00:01:31.400><c> yes</c><00:01:31.790><c> okay</c><00:01:33.190><c> so</c><00:01:34.190><c> let's</c><00:01:34.400><c> kick</c><00:01:34.550><c> it</c><00:01:34.610><c> off</c>

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yourself yes okay so let's kick it off
 

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yourself yes okay so let's kick it off
I'm<00:01:35.030><c> Jamie</c><00:01:35.300><c> Pitts</c><00:01:35.630><c> I've</c><00:01:36.260><c> worked</c><00:01:36.500><c> with</c>

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I'm Jamie Pitts I've worked with
 

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I'm Jamie Pitts I've worked with
magicians<00:01:37.190><c> I'm</c><00:01:37.580><c> also</c><00:01:38.000><c> work</c><00:01:38.150><c> at</c><00:01:38.270><c> the</c><00:01:38.360><c> etherium</c>

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magicians I'm also work at the etherium
 

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magicians I'm also work at the etherium
foundation<00:01:39.700><c> that's</c><00:01:40.700><c> a</c><00:01:40.880><c> net</c><00:01:41.060><c> back</c><00:01:41.450><c> there</c><00:01:41.660><c> once</c>

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foundation that's a net back there once
 

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foundation that's a net back there once
you<00:01:42.740><c> introduce</c><00:01:42.860><c> yourself</c><00:01:43.690><c> hi</c><00:01:44.690><c> guys</c><00:01:44.930><c> I'm</c><00:01:45.350><c> in</c><00:01:45.590><c> it</c>

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you introduce yourself hi guys I'm in it
 

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you introduce yourself hi guys I'm in it
and<00:01:45.980><c> I'm</c><00:01:46.220><c> working</c><00:01:46.670><c> with</c><00:01:46.820><c> it</c><00:01:46.970><c> here</c><00:01:47.150><c> magicians</c>

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and I'm working with it here magicians
 

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and I'm working with it here magicians
and<00:01:48.260><c> I'm</c><00:01:48.530><c> helping</c><00:01:48.950><c> out</c><00:01:49.040><c> with</c><00:01:49.220><c> operations</c><00:01:49.880><c> and</c>

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and I'm helping out with operations and
 

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and I'm helping out with operations and
organizing<00:01:50.750><c> events</c><00:01:51.020><c> and</c><00:01:51.740><c> making</c><00:01:52.280><c> sure</c><00:01:52.490><c> that</c>

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organizing events and making sure that
 

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organizing events and making sure that
all<00:01:52.910><c> those</c><00:01:53.090><c> people</c><00:01:53.630><c> and</c><00:01:53.900><c> all</c><00:01:54.080><c> those</c><00:01:54.320><c> the</c>

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all those people and all those the
 

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all those people and all those the
important<00:01:55.220><c> discussions</c><00:01:55.760><c> will</c><00:01:56.030><c> happen</c><00:01:57.100><c> cool</c>

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important discussions will happen cool
 

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important discussions will happen cool
so<00:01:58.460><c> we'll</c><00:01:59.390><c> leave</c><00:01:59.510><c> to</c><00:01:59.690><c> you</c><00:01:59.750><c> Hudson</c><00:01:59.870><c> you</c><00:02:00.140><c> wanna</c>

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so we'll leave to you Hudson you wanna
 

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so we'll leave to you Hudson you wanna
introduce<00:02:00.730><c> so</c><00:02:01.730><c> my</c><00:02:02.450><c> name</c><00:02:02.600><c> is</c><00:02:02.630><c> Alexia</c><00:02:03.260><c> Hoonah</c>

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introduce so my name is Alexia Hoonah
 

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introduce so my name is Alexia Hoonah
I'm<00:02:03.800><c> I've</c><00:02:04.580><c> been</c><00:02:04.760><c> working</c><00:02:05.120><c> on</c><00:02:05.240><c> your</c><00:02:05.570><c> biggest</c>

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I'm I've been working on your biggest
 

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I'm I've been working on your biggest
client<00:02:06.170><c> which</c><00:02:06.590><c> is</c><00:02:06.620><c> derivative</c><00:02:07.220><c> of</c><00:02:07.370><c> Kosir</c><00:02:07.880><c> IAM</c>

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client which is derivative of Kosir IAM
 

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client which is derivative of Kosir IAM
and<00:02:08.660><c> also</c><00:02:09.019><c> the</c><00:02:09.410><c> last</c><00:02:09.679><c> this</c><00:02:10.429><c> year</c><00:02:10.489><c> i've</c><00:02:11.120><c> also</c>

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and also the last this year i've also
 

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and also the last this year i've also
been<00:02:11.480><c> involved</c><00:02:11.870><c> into</c><00:02:12.400><c> research</c><00:02:13.400><c> in</c>

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been involved into research in
 

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been involved into research in
development<00:02:14.510><c> of</c>

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development of
 

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development of
into<00:02:15.950><c> state</c><00:02:16.250><c> rent</c><00:02:16.610><c> and</c><00:02:16.880><c> stateless</c><00:02:17.480><c> clients</c><00:02:17.990><c> so</c>

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into state rent and stateless clients so
 

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into state rent and stateless clients so
which<00:02:18.500><c> I'm</c><00:02:18.710><c> all</c><00:02:19.220><c> these</c><00:02:19.550><c> things</c><00:02:19.760><c> I'm</c><00:02:19.910><c> still</c>

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which I'm all these things I'm still
 

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which I'm all these things I'm still
doing<00:02:23.020><c> hey</c><00:02:24.020><c> I'm</c><00:02:24.530><c> Hudson</c><00:02:24.950><c> Jamison</c><00:02:25.520><c> I</c><00:02:26.830><c> work</c><00:02:27.830><c> with</c>

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doing hey I'm Hudson Jamison I work with
 

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doing hey I'm Hudson Jamison I work with
the<00:02:28.280><c> etherium</c><00:02:28.700><c> Foundation</c><00:02:29.330><c> and</c><00:02:29.480><c> with</c><00:02:29.570><c> the</c>

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the etherium Foundation and with the
 

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the etherium Foundation and with the
etherium<00:02:30.110><c> cat</c><00:02:30.290><c> herders</c><00:02:30.680><c> I</c><00:02:31.480><c> also</c><00:02:32.620><c> am</c><00:02:33.620><c> one</c><00:02:33.860><c> of</c>

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etherium cat herders I also am one of
 

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etherium cat herders I also am one of
the<00:02:34.040><c> organizers</c><00:02:34.070><c> of</c><00:02:34.730><c> the</c><00:02:34.970><c> bi-weekly</c><00:02:35.480><c> core</c>

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the organizers of the bi-weekly core
 

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the organizers of the bi-weekly core
developer<00:02:36.590><c> meetings</c><00:02:36.920><c> along</c><00:02:37.160><c> with</c><00:02:37.340><c> a</c><00:02:37.370><c> few</c>

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developer meetings along with a few
 

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developer meetings along with a few
other<00:02:37.700><c> people</c><00:02:37.760><c> who</c><00:02:38.120><c> we</c><00:02:38.990><c> all</c><00:02:39.110><c> help</c><00:02:39.350><c> out</c>

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other people who we all help out
 

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other people who we all help out
I'm<00:02:41.060><c> not</c><00:02:41.330><c> accord</c><00:02:41.780><c> EV</c><00:02:42.190><c> but</c><00:02:43.190><c> I</c><00:02:43.459><c> try</c><00:02:44.060><c> to</c><00:02:44.120><c> keep</c><00:02:44.330><c> up</c>

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I'm not accord EV but I try to keep up
 

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I'm not accord EV but I try to keep up
with<00:02:44.660><c> the</c><00:02:44.810><c> text</c><00:02:45.260><c> so</c><00:02:45.350><c> that</c><00:02:45.470><c> I</c><00:02:45.500><c> can</c><00:02:45.680><c> facilitate</c>

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with the text so that I can facilitate
 

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with the text so that I can facilitate
the<00:02:46.220><c> meetings</c><00:02:46.610><c> accurately</c><00:02:47.300><c> I've</c><00:02:48.110><c> been</c><00:02:48.260><c> doing</c>

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the meetings accurately I've been doing
 

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the meetings accurately I've been doing
that<00:02:48.620><c> for</c><00:02:48.830><c> the</c><00:02:48.860><c> past</c><00:02:48.920><c> three</c><00:02:49.550><c> years</c><00:02:49.580><c> roughly</c><00:02:50.300><c> so</c>

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that for the past three years roughly so
 

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that for the past three years roughly so
I<00:02:51.320><c> know</c><00:02:51.410><c> a</c><00:02:51.470><c> lot</c><00:02:51.620><c> about</c><00:02:51.800><c> the</c><00:02:51.920><c> process</c>

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I know a lot about the process
 

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I know a lot about the process
he's<00:02:53.570><c> the</c><00:02:53.900><c> hard</c><00:02:54.080><c> fork</c><00:02:54.320><c> decisions</c><00:02:54.860><c> things</c><00:02:55.130><c> like</c>

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he's the hard fork decisions things like
 

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he's the hard fork decisions things like
that<00:02:55.670><c> so</c><00:02:56.330><c> that's</c><00:02:56.450><c> how</c><00:02:56.630><c> I</c><00:02:56.660><c> feel</c><00:02:56.840><c> like</c><00:02:56.870><c> I</c><00:02:57.080><c> will</c>

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that so that's how I feel like I will
 

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that so that's how I feel like I will
contribute<00:02:57.650><c> today</c><00:02:58.190><c> I</c><00:02:58.459><c> also</c><00:02:58.940><c> have</c><00:02:59.120><c> a</c><00:02:59.180><c> talk</c>

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contribute today I also have a talk
 

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contribute today I also have a talk
tomorrow<00:02:59.690><c> on</c><00:03:00.170><c> the</c><00:03:00.260><c> main</c><00:03:00.290><c> stage</c><00:03:00.470><c> right</c><00:03:01.100><c> after</c>

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tomorrow on the main stage right after
 

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tomorrow on the main stage right after
Vitalik<00:03:01.970><c> I</c><00:03:02.120><c> think</c><00:03:02.300><c> it's</c><00:03:02.420><c> a</c><00:03:02.510><c> ten</c><00:03:02.780><c> on</c><00:03:03.020><c> eighth</c><00:03:03.500><c> one</c>

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Vitalik I think it's a ten on eighth one
 

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Vitalik I think it's a ten on eighth one
X<00:03:03.950><c> so</c><00:03:04.760><c> if</c><00:03:05.030><c> you</c><00:03:05.150><c> want</c><00:03:05.300><c> to</c><00:03:05.390><c> see</c><00:03:05.540><c> a</c><00:03:05.570><c> more</c><00:03:05.780><c> formal</c>

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X so if you want to see a more formal
 

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X so if you want to see a more formal
presentation<00:03:07.130><c> that</c><00:03:07.250><c> I</c><00:03:07.280><c> have</c><00:03:07.400><c> slides</c><00:03:07.640><c> for</c><00:03:08.030><c> and</c>

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presentation that I have slides for and
 

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presentation that I have slides for and
stuff<00:03:08.390><c> feel</c><00:03:08.600><c> free</c><00:03:08.630><c> to</c><00:03:08.810><c> come</c><00:03:09.020><c> to</c><00:03:09.110><c> that</c><00:03:09.230><c> tomorrow</c>

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stuff feel free to come to that tomorrow
 

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stuff feel free to come to that tomorrow
that's<00:03:10.130><c> the</c><00:03:10.280><c> end</c><00:03:10.400><c> of</c><00:03:10.459><c> my</c><00:03:10.550><c> showing</c><00:03:12.760><c> hey</c><00:03:13.760><c> I'm</c><00:03:14.330><c> Tim</c>

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that's the end of my showing hey I'm Tim
 

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that's the end of my showing hey I'm Tim
bake<00:03:14.690><c> Oh</c><00:03:14.870><c> I</c><00:03:15.050><c> work</c><00:03:15.560><c> with</c><00:03:16.070><c> the</c><00:03:16.160><c> Pegasus</c><00:03:16.550><c> team</c><00:03:16.760><c> on</c>

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bake Oh I work with the Pegasus team on
 

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bake Oh I work with the Pegasus team on
the<00:03:17.480><c> hyper</c><00:03:17.840><c> that</c><00:03:18.050><c> year</c>

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the hyper that year
 

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the hyper that year
hyper<00:03:18.920><c> ledger</c><00:03:19.250><c> basement</c><00:03:19.700><c> client</c><00:03:20.080><c> I'm</c><00:03:21.080><c> a</c>

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hyper ledger basement client I'm a
 

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hyper ledger basement client I'm a
product<00:03:21.410><c> manager</c><00:03:21.500><c> not</c><00:03:21.980><c> a</c><00:03:22.010><c> core</c><00:03:22.190><c> dev</c><00:03:22.340><c> but</c><00:03:22.610><c> I</c><00:03:22.670><c> do</c>

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product manager not a core dev but I do
 

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product manager not a core dev but I do
attend<00:03:23.090><c> the</c><00:03:23.209><c> calls</c><00:03:23.390><c> to</c><00:03:23.750><c> try</c><00:03:23.870><c> wrap</c><00:03:24.080><c> my</c><00:03:24.230><c> head</c>

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attend the calls to try wrap my head
 

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attend the calls to try wrap my head
around<00:03:24.410><c> the</c><00:03:24.830><c> process</c><00:03:25.040><c> and</c><00:03:25.580><c> the</c><00:03:25.670><c> eeap's</c><00:03:25.900><c> and</c>

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around the process and the eeap's and
 

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around the process and the eeap's and
I'm<00:03:27.019><c> also</c><00:03:27.140><c> part</c><00:03:27.410><c> of</c><00:03:27.470><c> the</c><00:03:27.709><c> cat</c><00:03:27.890><c> herders</c>

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I'm also part of the cat herders
 

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I'm also part of the cat herders
I'm<00:03:30.739><c> Rai</c><00:03:31.610><c> also</c><00:03:32.269><c> at</c><00:03:32.600><c> Pegasus</c><00:03:33.200><c> working</c><00:03:33.709><c> on</c>

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I'm Rai also at Pegasus working on
 

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I'm Rai also at Pegasus working on
hydrology<00:03:34.549><c> Basu</c><00:03:35.080><c> yeah</c><00:03:39.880><c> hi</c><00:03:40.880><c> I'm</c><00:03:41.269><c> Martin</c><00:03:42.019><c> swanda</c>

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hydrology Basu yeah hi I'm Martin swanda
 

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hydrology Basu yeah hi I'm Martin swanda
and<00:03:42.620><c> I</c><00:03:42.709><c> work</c><00:03:42.890><c> for</c><00:03:43.130><c> the</c><00:03:43.190><c> ethereum</c><00:03:43.820><c> foundation</c>

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and I work for the ethereum foundation
 

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and I work for the ethereum foundation
with<00:03:45.519><c> security</c><00:03:46.519><c> issues</c><00:03:46.790><c> aetherium</c>

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with security issues aetherium
 

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with security issues aetherium
infrastructure<00:03:48.260><c> may</c><00:03:48.500><c> not</c><00:03:48.680><c> and</c><00:03:49.040><c> also</c><00:03:49.549><c> I'm</c><00:03:49.970><c> one</c>

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infrastructure may not and also I'm one
 

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infrastructure may not and also I'm one
of<00:03:50.299><c> the</c><00:03:50.390><c> coders</c><00:03:50.780><c> on</c><00:03:51.410><c> go</c><00:03:51.769><c> with</c><00:03:51.920><c> areum</c><00:03:53.260><c> hey</c><00:03:54.290><c> so</c>

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of the coders on go with areum hey so
 

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of the coders on go with areum hey so
I'm<00:03:55.130><c> Peter</c><00:03:55.370><c> and</c><00:03:55.730><c> I'm</c><00:03:56.209><c> currently</c><00:03:56.540><c> the</c><00:03:56.840><c> lead</c>

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I'm Peter and I'm currently the lead
 

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I'm Peter and I'm currently the lead
deaf<00:03:57.290><c> of</c><00:03:57.500><c> Goethe</c><00:03:57.920><c> reom</c><00:03:58.280><c> that's</c><00:03:58.700><c> about</c><00:03:59.060><c> it</c><00:04:02.230><c> I'm</c>

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deaf of Goethe reom that's about it I'm
 

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deaf of Goethe reom that's about it I'm
Vitalik<00:04:04.130><c> I</c><00:04:04.250><c> advised</c><00:04:04.489><c> a</c><00:04:04.670><c> couple</c><00:04:04.910><c> ICO</c><00:04:05.209><c> projects</c>

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Vitalik I advised a couple ICO projects
 

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Vitalik I advised a couple ICO projects
it<00:04:05.930><c> before</c><00:04:06.560><c> never</c>

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hello<00:04:16.440><c> technically</c><00:04:17.440><c> I'm</c><00:04:17.530><c> not</c><00:04:17.560><c> the</c><00:04:17.859><c> part</c><00:04:18.070><c> of</c>

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hello technically I'm not the part of
 

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hello technically I'm not the part of
the<00:04:18.370><c> core</c><00:04:18.609><c> team</c><00:04:18.639><c> but</c><00:04:19.600><c> I've</c><00:04:19.750><c> since</c><00:04:20.079><c> I'm</c><00:04:20.260><c> sitting</c>

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the core team but I've since I'm sitting
 

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the core team but I've since I'm sitting
here<00:04:20.859><c> I'm</c><00:04:21.280><c> doing</c><00:04:21.850><c> the</c><00:04:23.430><c> notes</c><00:04:24.430><c> and</c><00:04:24.760><c> the</c><00:04:24.880><c> clients</c>

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here I'm doing the notes and the clients
 

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here I'm doing the notes and the clients
with<00:04:25.600><c> the</c><00:04:25.750><c> nation-state</c><00:04:26.460><c> cryptography</c><00:04:27.460><c> for</c>

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with the nation-state cryptography for
 

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with the nation-state cryptography for
the<00:04:28.290><c> Russian</c><00:04:29.290><c> central</c><00:04:29.650><c> bank</c>

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the Russian central bank
 

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the Russian central bank
I<00:04:32.070><c> guess</c><00:04:33.070><c> my</c><00:04:33.639><c> name</c><00:04:33.790><c> is</c><00:04:33.970><c> Cody</c><00:04:34.330><c> born</c><00:04:34.690><c> I'm</c><00:04:35.410><c> a</c>

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I guess my name is Cody born I'm a
 

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I guess my name is Cody born I'm a
developer<00:04:36.130><c> on</c><00:04:36.340><c> the</c><00:04:36.370><c> adjure</c><00:04:37.030><c> blockchain</c><00:04:37.570><c> team</c>

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developer on the adjure blockchain team
 

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developer on the adjure blockchain team
at<00:04:38.410><c> Microsoft</c><00:04:39.780><c> hi</c><00:04:40.780><c> I'm</c><00:04:41.139><c> Lucas</c><00:04:41.530><c> I'm</c><00:04:41.830><c> just</c><00:04:42.340><c> a</c>

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at Microsoft hi I'm Lucas I'm just a
 

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at Microsoft hi I'm Lucas I'm just a
random<00:04:42.990><c> software</c><00:04:43.990><c> developer</c><00:04:44.530><c> who</c><00:04:44.740><c> worked</c><00:04:44.979><c> on</c>

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random software developer who worked on
 

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random software developer who worked on
depths<00:04:45.580><c> and</c><00:04:45.790><c> I'm</c><00:04:46.000><c> the</c><00:04:46.720><c> humbled</c><00:04:47.290><c> sitting</c><00:04:47.860><c> at</c>

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depths and I'm the humbled sitting at
 

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depths and I'm the humbled sitting at
his<00:04:48.130><c> magic</c><00:04:48.610><c> round</c><00:04:48.850><c> here</c><00:04:57.930><c> okay</c><00:04:58.930><c> so</c><00:04:59.160><c> what</c><00:05:00.160><c> do</c><00:05:00.220><c> you</c>

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his magic round here okay so what do you
 

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his magic round here okay so what do you
guys<00:05:00.370><c> want</c><00:05:00.550><c> to</c><00:05:00.639><c> talk</c><00:05:00.729><c> about</c><00:05:01.169><c> what</c><00:05:02.169><c> do</c><00:05:02.229><c> you</c><00:05:02.410><c> all</c>

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guys want to talk about what do you all
 

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guys want to talk about what do you all
want<00:05:02.650><c> to</c><00:05:02.889><c> talk</c><00:05:03.070><c> about</c><00:05:03.220><c> if</c><00:05:03.820><c> if</c><00:05:04.240><c> there's</c><00:05:04.450><c> anybody</c>

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want to talk about if if there's anybody
 

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want to talk about if if there's anybody
who<00:05:04.930><c> has</c><00:05:05.110><c> a</c><00:05:05.139><c> topic</c><00:05:05.710><c> that</c><00:05:05.919><c> relates</c><00:05:06.280><c> to</c><00:05:06.550><c> theory</c>

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who has a topic that relates to theory
 

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who has a topic that relates to theory
m1x

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m1x
 

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m1x
please<00:05:08.800><c> come</c><00:05:09.010><c> forward</c><00:05:09.190><c> with</c><00:05:09.370><c> it</c><00:05:09.490><c> is</c><00:05:10.210><c> do</c><00:05:10.930><c> we</c>

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please come forward with it is do we
 

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please come forward with it is do we
have<00:05:11.139><c> something</c><00:05:11.320><c> okay</c><00:05:11.800><c> come</c><00:05:12.130><c> on</c><00:05:12.220><c> down</c><00:05:12.460><c> come</c><00:05:12.760><c> on</c>

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have something okay come on down come on
 

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have something okay come on down come on
down<00:05:13.720><c> I</c><00:05:14.460><c> also</c><00:05:15.460><c> have</c><00:05:15.760><c> a</c><00:05:15.789><c> topic</c><00:05:16.180><c> okay</c><00:05:16.630><c> so</c><00:05:17.140><c> you</c>

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down I also have a topic okay so you
 

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down I also have a topic okay so you
first<00:05:17.560><c> I'm</c><00:05:17.890><c> worried</c><00:05:18.400><c> about</c><00:05:18.520><c> the</c><00:05:19.470><c> scalability</c>

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first I'm worried about the scalability
 

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first I'm worried about the scalability
of<00:05:20.500><c> a</c><00:05:20.919><c> theorem</c><00:05:21.250><c> one</c><00:05:21.490><c> so</c><00:05:21.880><c> and</c><00:05:23.039><c> we</c><00:05:24.039><c> can't</c><00:05:24.370><c> even</c>

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of a theorem one so and we can't even
 

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of a theorem one so and we can't even
reprise<00:05:25.479><c> up</c><00:05:25.930><c> codes</c><00:05:27.810><c> without</c><00:05:28.810><c> breaking</c>

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reprise up codes without breaking
 

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reprise up codes without breaking
anything<00:05:29.710><c> I</c><00:05:30.070><c> mean</c><00:05:30.460><c> we</c><00:05:30.669><c> had</c><00:05:30.789><c> this</c><00:05:30.940><c> discussion</c>

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anything I mean we had this discussion
 

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anything I mean we had this discussion
with<00:05:31.600><c> the</c><00:05:31.919><c> 1283</c><00:05:32.919><c> I</c><00:05:33.190><c> think</c><00:05:33.550><c> it</c><00:05:33.640><c> was</c><00:05:33.990><c> the</c><00:05:34.990><c> problem</c>

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with the 1283 I think it was the problem
 

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with the 1283 I think it was the problem
and<00:05:35.620><c> now</c><00:05:36.280><c> we</c><00:05:36.340><c> have</c><00:05:36.640><c> the</c><00:05:36.820><c> same</c><00:05:37.030><c> problem</c><00:05:37.450><c> again</c>

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and now we have the same problem again
 

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and now we have the same problem again
with<00:05:38.580><c> 1884</c><00:05:39.660><c> so</c><00:05:40.660><c> as</c><00:05:41.140><c> a</c><00:05:41.470><c> developer</c><00:05:42.160><c> I</c><00:05:42.190><c> would</c><00:05:42.370><c> be</c>

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with 1884 so as a developer I would be
 

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with 1884 so as a developer I would be
really<00:05:43.120><c> interested</c><00:05:43.690><c> in</c><00:05:43.900><c> seeing</c><00:05:44.260><c> some</c>

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really interested in seeing some
 

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really interested in seeing some
invariants<00:05:45.610><c> that</c><00:05:46.440><c> I</c><00:05:47.440><c> can</c><00:05:48.160><c> work</c><00:05:48.370><c> with</c><00:05:48.430><c> so</c><00:05:49.210><c> that</c>

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invariants that I can work with so that
 

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invariants that I can work with so that
my<00:05:49.780><c> code</c><00:05:50.200><c> that</c><00:05:50.470><c> I</c><00:05:50.500><c> write</c><00:05:50.830><c> and</c><00:05:50.890><c> deploy</c><00:05:51.490><c> Andre</c>

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my code that I write and deploy Andre
 

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my code that I write and deploy Andre
Ethier<00:05:52.030><c> maenette</c><00:05:52.950><c> doesn't</c><00:05:53.950><c> break</c><00:05:54.160><c> in</c><00:05:54.430><c> the</c>

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Ethier maenette doesn't break in the
 

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Ethier maenette doesn't break in the
future<00:05:55.380><c> and</c><00:05:56.380><c> I</c><00:05:56.830><c> mean</c><00:05:57.070><c> in</c><00:05:57.220><c> the</c><00:05:57.700><c> case</c><00:05:57.729><c> of</c><00:05:58.090><c> the</c>

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future and I mean in the case of the
 

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future and I mean in the case of the
1283

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1283
 

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1283
the<00:06:00.850><c> developers</c><00:06:01.630><c> weren't</c><00:06:02.250><c> following</c><00:06:03.250><c> best</c>

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the developers weren't following best
 

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the developers weren't following best
practices<00:06:04.080><c> but</c><00:06:05.080><c> now</c><00:06:05.289><c> in</c><00:06:05.530><c> this</c><00:06:05.970><c> 1884</c><00:06:06.970><c> case</c><00:06:07.270><c> yeah</c>

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practices but now in this 1884 case yeah
 

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practices but now in this 1884 case yeah
people<00:06:08.950><c> wrote</c><00:06:09.220><c> code</c><00:06:09.580><c> they</c><00:06:10.240><c> followed</c><00:06:10.690><c> every</c>

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people wrote code they followed every
 

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people wrote code they followed every
guideline<00:06:11.470><c> that</c><00:06:11.830><c> was</c><00:06:12.550><c> there</c><00:06:12.820><c> and</c><00:06:13.120><c> now</c><00:06:13.560><c> the</c>

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guideline that was there and now the
 

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guideline that was there and now the
code<00:06:14.770><c> breaks</c><00:06:15.450><c> so</c><00:06:16.450><c> yeah</c><00:06:16.600><c> I</c><00:06:16.630><c> can</c><00:06:16.990><c> kind</c><00:06:17.169><c> of</c><00:06:17.200><c> give</c><00:06:17.320><c> a</c>

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code breaks so yeah I can kind of give a
 

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code breaks so yeah I can kind of give a
quick<00:06:17.590><c> intro</c><00:06:17.919><c> to</c><00:06:17.950><c> this</c><00:06:18.190><c> before</c><00:06:18.430><c> we</c><00:06:18.849><c> have</c><00:06:19.120><c> some</c>

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quick intro to this before we have some
 

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quick intro to this before we have some
comment<00:06:19.780><c> from</c><00:06:19.900><c> some</c><00:06:20.080><c> of</c><00:06:20.169><c> the</c><00:06:20.229><c> other</c>

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comment from some of the other
 

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comment from some of the other
developers

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developers
 

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developers
but<00:06:21.190><c> we</c><00:06:21.820><c> had</c><00:06:22.000><c> an</c><00:06:22.120><c> EIP</c><00:06:22.330><c> and</c><00:06:22.840><c> basically</c><00:06:23.620><c> in</c><00:06:24.610><c> order</c>

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but we had an EIP and basically in order
 

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but we had an EIP and basically in order
to<00:06:25.090><c> make</c><00:06:25.960><c> it</c><00:06:26.170><c> the</c><00:06:26.470><c> blockchain</c><00:06:26.890><c> a</c><00:06:27.160><c> bit</c><00:06:27.400><c> safer</c><00:06:27.940><c> to</c>

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to make it the blockchain a bit safer to
 

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to make it the blockchain a bit safer to
prevent<00:06:28.510><c> from</c><00:06:28.750><c> and</c><00:06:29.080><c> please</c><00:06:29.440><c> correct</c><00:06:29.830><c> me</c>

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prevent from and please correct me
 

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prevent from and please correct me
because<00:06:30.010><c> I'm</c><00:06:30.190><c> gonna</c><00:06:30.310><c> butcher</c><00:06:30.580><c> this</c><00:06:30.880><c> from</c><00:06:31.480><c> like</c>

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because I'm gonna butcher this from like
 

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because I'm gonna butcher this from like
DDoS<00:06:32.680><c> attacks</c><00:06:33.010><c> we</c><00:06:34.080><c> repriced</c><00:06:35.080><c> an</c><00:06:35.260><c> opcode</c><00:06:35.440><c> and</c>

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DDoS attacks we repriced an opcode and
 

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DDoS attacks we repriced an opcode and
in<00:06:36.280><c> repricing</c><00:06:36.760><c> that</c><00:06:37.060><c> opcode</c><00:06:37.600><c> if</c><00:06:37.810><c> you</c><00:06:37.900><c> have</c><00:06:38.050><c> a</c>

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in repricing that opcode if you have a
 

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in repricing that opcode if you have a
smart<00:06:38.440><c> contract</c><00:06:38.650><c> that</c><00:06:39.190><c> relies</c><00:06:39.580><c> on</c><00:06:39.610><c> that</c>

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smart contract that relies on that
 

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smart contract that relies on that
opcode<00:06:40.480><c> being</c><00:06:40.750><c> a</c><00:06:40.900><c> certain</c><00:06:41.200><c> price</c><00:06:41.500><c> that</c>

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opcode being a certain price that
 

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opcode being a certain price that
contract<00:06:42.910><c> may</c><00:06:43.180><c> break</c><00:06:43.530><c> there</c><00:06:44.530><c> was</c><00:06:44.680><c> a</c><00:06:44.920><c> bunch</c><00:06:45.250><c> of</c>

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contract may break there was a bunch of
 

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contract may break there was a bunch of
contracts<00:06:45.940><c> that</c><00:06:46.060><c> have</c><00:06:46.120><c> upgradability</c><00:06:47.020><c> I</c>

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contracts that have upgradability I
 

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contracts that have upgradability I
believe<00:06:47.620><c> Aragon</c><00:06:48.040><c> was</c><00:06:48.070><c> one</c><00:06:48.370><c> of</c><00:06:48.460><c> them</c><00:06:48.550><c> and</c><00:06:48.730><c> those</c>

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believe Aragon was one of them and those
 

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believe Aragon was one of them and those
are<00:06:50.020><c> gonna</c><00:06:50.230><c> be</c><00:06:50.410><c> able</c><00:06:50.500><c> to</c><00:06:50.620><c> be</c><00:06:50.770><c> upgraded</c><00:06:51.310><c> but</c>

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are gonna be able to be upgraded but
 

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are gonna be able to be upgraded but
it's<00:06:51.520><c> a</c><00:06:51.580><c> little</c><00:06:51.790><c> bit</c><00:06:51.880><c> annoying</c><00:06:52.180><c> there's</c><00:06:52.870><c> other</c>

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it's a little bit annoying there's other
 

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it's a little bit annoying there's other
contracts<00:06:53.740><c> that</c><00:06:53.980><c> may</c><00:06:54.310><c> have</c><00:06:54.610><c> the</c><00:06:54.640><c> effect</c><00:06:55.060><c> of</c>

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contracts that may have the effect of
 

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contracts that may have the effect of
having<00:06:55.330><c> funds</c><00:06:55.750><c> locked</c><00:06:56.080><c> in</c><00:06:56.290><c> them</c><00:06:56.470><c> that's</c><00:06:57.220><c> a</c>

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having funds locked in them that's a
 

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having funds locked in them that's a
little<00:06:57.460><c> bit</c><00:06:57.610><c> scary</c><00:06:57.730><c> of</c><00:06:58.060><c> a</c><00:06:58.120><c> term</c><00:06:58.390><c> so</c><00:06:58.690><c> what</c><00:06:58.840><c> we</c>

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little bit scary of a term so what we
 

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little bit scary of a term so what we
did<00:06:59.140><c> is</c><00:06:59.380><c> in</c><00:06:59.680><c> order</c><00:06:59.950><c> to</c><00:07:00.160><c> prevent</c><00:07:00.700><c> this</c><00:07:00.940><c> from</c>

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did is in order to prevent this from
 

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did is in order to prevent this from
being<00:07:01.450><c> another</c><00:07:01.780><c> scenario</c><00:07:02.350><c> where</c><00:07:02.560><c> it's</c><00:07:02.680><c> like</c>

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being another scenario where it's like
 

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being another scenario where it's like
we<00:07:03.460><c> can't</c><00:07:03.730><c> get</c><00:07:03.850><c> our</c><00:07:03.940><c> funds</c><00:07:04.210><c> out</c><00:07:04.450><c> things</c><00:07:04.750><c> like</c>

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we can't get our funds out things like
 

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we can't get our funds out things like
that<00:07:05.230><c> what</c><00:07:05.590><c> we</c><00:07:05.680><c> determined</c><00:07:06.250><c> was</c><00:07:06.430><c> if</c><00:07:06.940><c> people</c>

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that what we determined was if people
 

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that what we determined was if people
come<00:07:07.540><c> to</c><00:07:07.750><c> us</c><00:07:07.900><c> after</c><00:07:08.110><c> we</c><00:07:08.350><c> implement</c><00:07:08.740><c> the</c><00:07:08.800><c> CIP</c>

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come to us after we implement the CIP
 

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come to us after we implement the CIP
and<00:07:09.550><c> they</c><00:07:10.450><c> say</c><00:07:10.750><c> something</c><00:07:11.410><c> like</c><00:07:11.560><c> hey</c><00:07:12.370><c> this</c><00:07:12.700><c> is</c>

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and they say something like hey this is
 

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and they say something like hey this is
you<00:07:13.240><c> know</c><00:07:13.360><c> messing</c><00:07:13.720><c> my</c><00:07:13.990><c> contract</c><00:07:14.620><c> up</c><00:07:14.800><c> we're</c>

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you know messing my contract up we're
 

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you know messing my contract up we're
going<00:07:15.280><c> to</c><00:07:15.430><c> research</c><00:07:16.150><c> and</c><00:07:16.330><c> come</c><00:07:16.510><c> up</c><00:07:16.720><c> with</c><00:07:16.960><c> a</c>

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going to research and come up with a
 

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going to research and come up with a
solution<00:07:17.500><c> to</c><00:07:17.890><c> work</c><00:07:18.070><c> around</c><00:07:18.250><c> so</c><00:07:19.000><c> that</c><00:07:19.120><c> they</c><00:07:19.210><c> can</c>

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solution to work around so that they can
 

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solution to work around so that they can
have<00:07:20.050><c> their</c><00:07:20.200><c> contracts</c><00:07:20.710><c> work</c><00:07:20.950><c> again</c><00:07:21.310><c> and</c>

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have their contracts work again and
 

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have their contracts work again and
those<00:07:21.760><c> limited</c><00:07:22.180><c> amount</c><00:07:22.390><c> of</c><00:07:22.450><c> cases</c><00:07:22.990><c> do</c><00:07:23.140><c> I</c><00:07:23.170><c> get</c>

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those limited amount of cases do I get
 

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those limited amount of cases do I get
that<00:07:23.530><c> I'm</c><00:07:23.770><c> almost</c><00:07:23.920><c> right</c><00:07:24.310><c> okay</c><00:07:24.610><c> yeah</c><00:07:25.360><c> Martin</c>

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that I'm almost right okay yeah Martin
 

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that I'm almost right okay yeah Martin
can<00:07:25.870><c> also</c><00:07:25.990><c> comment</c><00:07:26.350><c> a</c><00:07:26.530><c> little</c><00:07:26.680><c> bit</c><00:07:26.800><c> more</c><00:07:27.010><c> on</c>

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can also comment a little bit more on
 

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can also comment a little bit more on
that

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yeah<00:07:30.190><c> and</c><00:07:30.490><c> you</c><00:07:30.880><c> brought</c><00:07:31.060><c> up</c><00:07:31.270><c> two</c><00:07:31.510><c> cases</c><00:07:31.960><c> 1283</c>

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yeah and you brought up two cases 1283
 

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yeah and you brought up two cases 1283
and<00:07:33.250><c> 1884</c><00:07:34.000><c> and</c><00:07:34.450><c> they're</c><00:07:34.720><c> kind</c><00:07:35.560><c> of</c><00:07:35.650><c> different</c>

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and 1884 and they're kind of different
 

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and 1884 and they're kind of different
because<00:07:36.970><c> 1283</c><00:07:37.780><c> was</c><00:07:38.500><c> made</c><00:07:38.920><c> to</c><00:07:39.730><c> improve</c><00:07:40.210><c> the</c>

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because 1283 was made to improve the
 

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because 1283 was made to improve the
life<00:07:40.810><c> of</c><00:07:41.110><c> deaf</c><00:07:41.740><c> developers</c><00:07:42.480><c> making</c><00:07:43.480><c> it</c>

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life of deaf developers making it
 

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life of deaf developers making it
cheaper<00:07:46.590><c> whereas</c><00:07:48.420><c> 1884</c><00:07:49.710><c> has</c><00:07:50.710><c> been</c><00:07:50.980><c> added</c><00:07:51.280><c> as</c>

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cheaper whereas 1884 has been added as
 

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cheaper whereas 1884 has been added as
basically<00:07:51.970><c> a</c><00:07:52.060><c> security</c><00:07:52.540><c> precaution</c><00:07:53.110><c> because</c>

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basically a security precaution because
 

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basically a security precaution because
to<00:07:54.790><c> rebalance</c><00:07:55.410><c> the</c><00:07:56.410><c> opcodes</c><00:07:56.860><c> and</c><00:07:57.270><c> the</c><00:07:58.270><c> former</c>

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to rebalance the opcodes and the former
 

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to rebalance the opcodes and the former
one<00:07:58.810><c> we</c><00:07:59.050><c> skip</c><00:07:59.110><c> that</c><00:07:59.680><c> so</c><00:08:00.460><c> it's</c><00:08:00.670><c> not</c><00:08:00.820><c> to</c><00:08:00.940><c> break</c>

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one we skip that so it's not to break
 

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one we skip that so it's not to break
stuff<00:08:02.730><c> it's</c><00:08:03.730><c> being</c><00:08:04.060><c> implemented</c><00:08:04.750><c> now</c><00:08:05.110><c> again</c>

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stuff it's being implemented now again
 

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stuff it's being implemented now again
in<00:08:05.680><c> the</c><00:08:05.710><c> form</c><00:08:06.010><c> of</c><00:08:06.130><c> e</c><00:08:06.330><c> 2200</c><00:08:07.530><c> but</c><00:08:08.530><c> with</c><00:08:08.800><c> a</c><00:08:09.010><c> minor</c>

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in the form of e 2200 but with a minor
 

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in the form of e 2200 but with a minor
modification<00:08:10.330><c> so</c><00:08:11.290><c> that</c><00:08:11.470><c> it</c><00:08:11.620><c> won't</c><00:08:11.770><c> start</c>

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modification so that it won't start
 

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modification so that it won't start
introducing<00:08:13.240><c> new</c><00:08:13.710><c> vulnerabilities</c><00:08:14.710><c> into</c>

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introducing new vulnerabilities into
 

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introducing new vulnerabilities into
contract<00:08:16.080><c> and</c><00:08:17.080><c> in</c><00:08:17.500><c> general</c><00:08:18.070><c> the</c><00:08:18.640><c> idea</c><00:08:19.830><c> that</c>

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contract and in general the idea that
 

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contract and in general the idea that
has<00:08:21.070><c> been</c><00:08:21.220><c> floating</c><00:08:21.610><c> around</c><00:08:21.670><c> a</c><00:08:21.970><c> lot</c><00:08:22.150><c> is</c><00:08:22.570><c> that</c>

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has been floating around a lot is that
 

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has been floating around a lot is that
if<00:08:22.900><c> we</c><00:08:23.050><c> do</c><00:08:23.290><c> changes</c><00:08:24.040><c> to</c><00:08:24.190><c> the</c><00:08:24.310><c> EVM</c><00:08:24.670><c> we</c><00:08:25.120><c> will</c><00:08:25.330><c> also</c>

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if we do changes to the EVM we will also
 

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if we do changes to the EVM we will also
do<00:08:25.720><c> versioning</c><00:08:26.290><c> so</c><00:08:26.980><c> that</c><00:08:27.220><c> these</c><00:08:28.030><c> new</c><00:08:28.300><c> features</c>

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do versioning so that these new features
 

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do versioning so that these new features
will<00:08:29.080><c> be</c><00:08:29.110><c> opted</c><00:08:29.919><c> in</c><00:08:30.570><c> however</c><00:08:31.570><c> it</c><00:08:32.500><c> really</c><00:08:33.010><c> makes</c>

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will be opted in however it really makes
 

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will be opted in however it really makes
really<00:08:34.539><c> kind</c><00:08:34.810><c> of</c><00:08:34.959><c> makes</c><00:08:35.860><c> no</c><00:08:36.039><c> sense</c><00:08:36.459><c> to</c><00:08:37.120><c> have</c>

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really kind of makes no sense to have
 

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really kind of makes no sense to have
opt-in<00:08:38.190><c> features</c><00:08:39.330><c> for</c><00:08:40.330><c> security</c><00:08:40.870><c> features</c>

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opt-in features for security features
 

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opt-in features for security features
where<00:08:41.860><c> we</c><00:08:42.039><c> want</c><00:08:42.250><c> to</c><00:08:42.370><c> protect</c><00:08:43.120><c> the</c><00:08:43.209><c> base</c><00:08:43.390><c> layer</c>

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where we want to protect the base layer
 

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where we want to protect the base layer
so<00:08:45.310><c> thus</c><00:08:45.670><c> we're</c><00:08:45.910><c> all</c><00:08:46.060><c> out</c><00:08:46.209><c> 1884</c><00:08:46.990><c> and</c><00:08:47.890><c> the</c><00:08:48.010><c> thing</c>

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so thus we're all out 1884 and the thing
 

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so thus we're all out 1884 and the thing
is<00:08:48.339><c> this</c><00:08:48.519><c> will</c><00:08:48.730><c> affect</c><00:08:49.060><c> a</c><00:08:49.209><c> lot</c><00:08:49.330><c> of</c><00:08:49.360><c> contracts</c>

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is this will affect a lot of contracts
 

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is this will affect a lot of contracts
but<00:08:50.560><c> in</c><00:08:51.040><c> the</c><00:08:51.550><c> large</c><00:08:52.029><c> majority</c><00:08:52.480><c> of</c><00:08:52.660><c> cases</c><00:08:52.720><c> it</c>

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but in the large majority of cases it
 

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but in the large majority of cases it
will<00:08:54.279><c> only</c><00:08:54.839><c> mind</c><00:08:55.839><c> affect</c><00:08:56.560><c> them</c><00:08:56.800><c> a</c><00:08:57.040><c> little</c><00:08:57.700><c> bit</c>

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will only mind affect them a little bit
 

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will only mind affect them a little bit
like<00:08:58.540><c> most</c><00:08:59.170><c> use</c><00:08:59.620><c> cases</c><00:08:59.950><c> that</c><00:09:00.430><c> are</c><00:09:01.060><c> affected</c>

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like most use cases that are affected
 

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like most use cases that are affected
can<00:09:01.810><c> be</c><00:09:01.959><c> solved</c><00:09:02.410><c> by</c><00:09:02.470><c> adding</c><00:09:02.740><c> a</c><00:09:02.950><c> bit</c><00:09:03.070><c> more</c><00:09:03.130><c> gas</c>

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can be solved by adding a bit more gas
 

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can be solved by adding a bit more gas
at<00:09:04.899><c> the</c><00:09:05.019><c> beginning</c><00:09:05.700><c> and</c><00:09:07.170><c> I</c><00:09:08.430><c> think</c><00:09:09.430><c> that</c><00:09:09.579><c> would</c>

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at the beginning and I think that would
 

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at the beginning and I think that would
cover<00:09:09.880><c> like</c><00:09:10.120><c> 95%</c><00:09:10.899><c> of</c><00:09:11.410><c> all</c><00:09:11.500><c> the</c><00:09:11.560><c> cases</c><00:09:11.950><c> where</c>

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cover like 95% of all the cases where
 

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cover like 95% of all the cases where
it's<00:09:12.360><c> going</c><00:09:13.360><c> to</c><00:09:13.390><c> be</c><00:09:13.480><c> affected</c><00:09:13.899><c> but</c><00:09:14.290><c> then</c><00:09:14.470><c> there</c>

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it's going to be affected but then there
 

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it's going to be affected but then there
are<00:09:14.709><c> some</c><00:09:15.040><c> particular</c><00:09:15.850><c> use</c><00:09:16.329><c> particular</c><00:09:17.050><c> flows</c>

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are some particular use particular flows
 

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are some particular use particular flows
where<00:09:18.279><c> it's</c><00:09:18.399><c> already</c><00:09:18.779><c> encoded</c><00:09:19.779><c> that</c><00:09:20.140><c> it's</c><00:09:20.560><c> an</c>

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where it's already encoded that it's an
 

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where it's already encoded that it's an
automated<00:09:21.640><c> transfer</c><00:09:22.480><c> into</c><00:09:23.050><c> something</c><00:09:23.500><c> else</c>

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automated transfer into something else
 

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automated transfer into something else
and<00:09:23.980><c> that</c><00:09:24.899><c> flow</c><00:09:25.899><c> between</c><00:09:26.170><c> two</c><00:09:26.790><c> contracts</c><00:09:27.990><c> can</c>

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and that flow between two contracts can
 

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and that flow between two contracts can
thus<00:09:29.170><c> be</c><00:09:29.200><c> broken</c><00:09:30.010><c> in</c><00:09:30.310><c> a</c><00:09:30.700><c> way</c><00:09:30.730><c> that</c><00:09:31.060><c> is</c><00:09:31.180><c> not</c>

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thus be broken in a way that is not
 

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thus be broken in a way that is not
fixable<00:09:32.430><c> and</c><00:09:33.600><c> I</c><00:09:34.600><c> mean</c><00:09:34.870><c> not</c><00:09:35.079><c> fixable</c><00:09:35.620><c> by</c><00:09:36.430><c> the</c>

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fixable and I mean not fixable by the
 

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fixable and I mean not fixable by the
initiator<00:09:37.630><c> of</c><00:09:37.810><c> the</c><00:09:38.110><c> of</c><00:09:38.290><c> the</c><00:09:38.410><c> transfer</c><00:09:38.800><c> or</c><00:09:38.980><c> the</c>

00:09:39.449 --> 00:09:39.459 align:start position:0%
initiator of the of the transfer or the
 

00:09:39.459 --> 00:09:44.370 align:start position:0%
initiator of the of the transfer or the
operation<00:09:40.000><c> and</c><00:09:41.970><c> so</c><00:09:42.970><c> that</c><00:09:43.240><c> much</c><00:09:43.480><c> has</c><00:09:43.930><c> been</c><00:09:44.170><c> you</c>

00:09:44.370 --> 00:09:44.380 align:start position:0%
operation and so that much has been you
 

00:09:44.380 --> 00:09:46.290 align:start position:0%
operation and so that much has been you
know<00:09:44.440><c> we</c><00:09:44.800><c> know</c><00:09:44.950><c> that</c><00:09:44.980><c> this</c><00:09:45.399><c> might</c><00:09:45.970><c> break</c>

00:09:46.290 --> 00:09:46.300 align:start position:0%
know we know that this might break
 

00:09:46.300 --> 00:09:49.260 align:start position:0%
know we know that this might break
things<00:09:46.570><c> the</c><00:09:47.290><c> question</c><00:09:47.770><c> is</c><00:09:47.920><c> how</c><00:09:48.310><c> hard</c><00:09:48.790><c> will</c><00:09:49.089><c> it</c>

00:09:49.260 --> 00:09:49.270 align:start position:0%
things the question is how hard will it
 

00:09:49.270 --> 00:09:52.440 align:start position:0%
things the question is how hard will it
break<00:09:49.510><c> and</c><00:09:49.959><c> and</c><00:09:50.829><c> how</c><00:09:51.130><c> much</c><00:09:51.370><c> pain</c><00:09:51.790><c> will</c><00:09:52.300><c> it</c>

00:09:52.440 --> 00:09:52.450 align:start position:0%
break and and how much pain will it
 

00:09:52.450 --> 00:09:57.440 align:start position:0%
break and and how much pain will it
bring<00:09:53.610><c> because</c><00:09:54.610><c> I</c><00:09:54.820><c> think</c><00:09:55.360><c> that</c><00:09:55.720><c> in</c><00:09:55.899><c> many</c><00:09:56.079><c> cases</c>

00:09:57.440 --> 00:09:57.450 align:start position:0%
bring because I think that in many cases
 

00:09:57.450 --> 00:09:59.790 align:start position:0%
bring because I think that in many cases
contracts<00:09:58.450><c> are</c><00:09:58.570><c> actually</c><00:09:58.959><c> upgradeable</c><00:09:59.560><c> and</c>

00:09:59.790 --> 00:09:59.800 align:start position:0%
contracts are actually upgradeable and
 

00:09:59.800 --> 00:10:01.740 align:start position:0%
contracts are actually upgradeable and
if<00:10:00.339><c> you</c><00:10:00.459><c> have</c><00:10:00.610><c> a</c><00:10:00.640><c> set</c><00:10:00.850><c> of</c><00:10:00.880><c> contracts</c><00:10:01.540><c> which</c>

00:10:01.740 --> 00:10:01.750 align:start position:0%
if you have a set of contracts which
 

00:10:01.750 --> 00:10:03.480 align:start position:0%
if you have a set of contracts which
suffer<00:10:02.230><c> from</c><00:10:02.350><c> this</c><00:10:02.589><c> you</c><00:10:03.160><c> can</c><00:10:03.339><c> actually</c>

00:10:03.480 --> 00:10:03.490 align:start position:0%
suffer from this you can actually
 

00:10:03.490 --> 00:10:07.319 align:start position:0%
suffer from this you can actually
redeploy<00:10:04.209><c> it</c><00:10:04.420><c> and</c><00:10:04.720><c> fix</c><00:10:05.350><c> it</c><00:10:05.500><c> that</c><00:10:05.560><c> way</c><00:10:06.329><c> which</c>

00:10:07.319 --> 00:10:07.329 align:start position:0%
redeploy it and fix it that way which
 

00:10:07.329 --> 00:10:10.410 align:start position:0%
redeploy it and fix it that way which
further<00:10:08.320><c> brings</c><00:10:08.709><c> down</c><00:10:09.040><c> the</c><00:10:09.459><c> number</c><00:10:09.820><c> of</c><00:10:09.940><c> actual</c>

00:10:10.410 --> 00:10:10.420 align:start position:0%
further brings down the number of actual
 

00:10:10.420 --> 00:10:14.100 align:start position:0%
further brings down the number of actual
broken<00:10:10.660><c> flows</c><00:10:11.110><c> and</c><00:10:11.829><c> if</c><00:10:12.040><c> there</c><00:10:12.480><c> if</c><00:10:13.480><c> it</c><00:10:13.750><c> can</c><00:10:13.990><c> be</c>

00:10:14.100 --> 00:10:14.110 align:start position:0%
broken flows and if there if it can be
 

00:10:14.110 --> 00:10:15.960 align:start position:0%
broken flows and if there if it can be
evidenced<00:10:14.680><c> later</c><00:10:14.890><c> on</c><00:10:15.100><c> that</c><00:10:15.430><c> hey</c><00:10:15.640><c> we</c><00:10:15.820><c> have</c>

00:10:15.960 --> 00:10:15.970 align:start position:0%
evidenced later on that hey we have
 

00:10:15.970 --> 00:10:18.510 align:start position:0%
evidenced later on that hey we have
actually<00:10:16.390><c> these</c><00:10:17.110><c> particular</c><00:10:17.890><c> instances</c>

00:10:18.510 --> 00:10:18.520 align:start position:0%
actually these particular instances
 

00:10:18.520 --> 00:10:22.769 align:start position:0%
actually these particular instances
which<00:10:19.360><c> are</c><00:10:19.740><c> broken</c><00:10:20.740><c> cannot</c><00:10:21.550><c> be</c><00:10:21.760><c> upgraded</c><00:10:21.910><c> and</c>

00:10:22.769 --> 00:10:22.779 align:start position:0%
which are broken cannot be upgraded and
 

00:10:22.779 --> 00:10:26.370 align:start position:0%
which are broken cannot be upgraded and
cannot<00:10:23.770><c> be</c><00:10:23.920><c> salvaged</c><00:10:24.430><c> in</c><00:10:24.610><c> any</c><00:10:24.820><c> way</c><00:10:25.110><c> then</c><00:10:26.110><c> we</c>

00:10:26.370 --> 00:10:26.380 align:start position:0%
cannot be salvaged in any way then we
 

00:10:26.380 --> 00:10:28.470 align:start position:0%
cannot be salvaged in any way then we
can<00:10:26.560><c> look</c><00:10:26.709><c> at</c><00:10:26.860><c> okay</c><00:10:27.100><c> so</c><00:10:27.130><c> what</c><00:10:27.490><c> fixes</c><00:10:28.120><c> are</c>

00:10:28.470 --> 00:10:28.480 align:start position:0%
can look at okay so what fixes are
 

00:10:28.480 --> 00:10:31.019 align:start position:0%
can look at okay so what fixes are
needed<00:10:28.870><c> to</c><00:10:29.410><c> solve</c><00:10:29.680><c> these</c><00:10:29.980><c> instances</c><00:10:30.760><c> and</c>

00:10:31.019 --> 00:10:31.029 align:start position:0%
needed to solve these instances and
 

00:10:31.029 --> 00:10:36.720 align:start position:0%
needed to solve these instances and
there<00:10:31.420><c> are</c><00:10:31.540><c> a</c><00:10:31.600><c> couple</c><00:10:31.930><c> of</c><00:10:32.339><c> ways</c><00:10:34.740><c> that</c><00:10:35.740><c> may</c><00:10:36.130><c> help</c>

00:10:36.720 --> 00:10:36.730 align:start position:0%
there are a couple of ways that may help
 

00:10:36.730 --> 00:10:39.269 align:start position:0%
there are a couple of ways that may help
in<00:10:37.089><c> most</c><00:10:37.630><c> of</c><00:10:37.810><c> them</c><00:10:37.930><c> I</c><00:10:37.959><c> think</c><00:10:38.320><c> in</c><00:10:38.680><c> for</c><00:10:38.920><c> example</c>

00:10:39.269 --> 00:10:39.279 align:start position:0%
in most of them I think in for example
 

00:10:39.279 --> 00:10:42.480 align:start position:0%
in most of them I think in for example
if<00:10:39.370><c> we</c><00:10:39.550><c> lower</c><00:10:39.790><c> the</c><00:10:40.000><c> cost</c><00:10:40.240><c> of</c><00:10:40.480><c> a</c><00:10:40.630><c> location</c><00:10:41.490><c> that</c>

00:10:42.480 --> 00:10:42.490 align:start position:0%
if we lower the cost of a location that
 

00:10:42.490 --> 00:10:45.360 align:start position:0%
if we lower the cost of a location that
will<00:10:42.699><c> solve</c><00:10:42.940><c> a</c><00:10:43.060><c> lot</c><00:10:43.180><c> of</c><00:10:43.209><c> the</c><00:10:43.449><c> issues</c><00:10:44.250><c> but</c><00:10:45.250><c> it</c>

00:10:45.360 --> 00:10:45.370 align:start position:0%
will solve a lot of the issues but it
 

00:10:45.370 --> 00:10:47.860 align:start position:0%
will solve a lot of the issues but it
remains<00:10:45.760><c> to</c><00:10:45.880><c> be</c><00:10:45.940><c> seen</c><00:10:46.029><c> exactly</c><00:10:46.740><c> what</c>

00:10:47.860 --> 00:10:47.870 align:start position:0%
remains to be seen exactly what
 

00:10:47.870 --> 00:10:50.910 align:start position:0%
remains to be seen exactly what
kind<00:10:48.200><c> of</c><00:10:48.290><c> patches</c><00:10:48.830><c> will</c><00:10:49.279><c> be</c><00:10:49.460><c> needed</c><00:10:49.790><c> for</c><00:10:50.600><c> the</c>

00:10:50.910 --> 00:10:50.920 align:start position:0%
kind of patches will be needed for the
 

00:10:50.920 --> 00:10:54.220 align:start position:0%
kind of patches will be needed for the
yeah<00:10:51.920><c> to</c><00:10:52.190><c> get</c><00:10:52.339><c> the</c><00:10:52.430><c> maximum</c><00:10:52.940><c> coverage</c><00:10:53.300><c> or</c><00:10:53.990><c> the</c>

00:10:54.220 --> 00:10:54.230 align:start position:0%
yeah to get the maximum coverage or the
 

00:10:54.230 --> 00:10:56.829 align:start position:0%
yeah to get the maximum coverage or the
rescuing<00:10:54.680><c> or</c><00:10:54.920><c> what</c><00:10:55.490><c> you</c><00:10:55.550><c> want</c><00:10:55.700><c> to</c><00:10:55.760><c> call</c><00:10:55.880><c> so</c>

00:10:56.829 --> 00:10:56.839 align:start position:0%
rescuing or what you want to call so
 

00:10:56.839 --> 00:10:58.480 align:start position:0%
rescuing or what you want to call so
maybe<00:10:57.110><c> just</c><00:10:57.470><c> a</c><00:10:57.620><c> step</c><00:10:57.830><c> back</c><00:10:58.040><c> I</c><00:10:58.190><c> thought</c><00:10:58.370><c> it</c>

00:10:58.480 --> 00:10:58.490 align:start position:0%
maybe just a step back I thought it
 

00:10:58.490 --> 00:10:59.740 align:start position:0%
maybe just a step back I thought it
might<00:10:58.640><c> be</c><00:10:58.670><c> useful</c><00:10:58.910><c> to</c><00:10:59.120><c> just</c><00:10:59.210><c> offer</c><00:10:59.510><c> an</c>

00:10:59.740 --> 00:10:59.750 align:start position:0%
might be useful to just offer an
 

00:10:59.750 --> 00:11:02.860 align:start position:0%
might be useful to just offer an
introduction<00:11:00.350><c> as</c><00:11:00.620><c> to</c><00:11:00.650><c> like</c><00:11:01.130><c> the</c><00:11:01.820><c> specific</c><00:11:02.450><c> and</c>

00:11:02.860 --> 00:11:02.870 align:start position:0%
introduction as to like the specific and
 

00:11:02.870 --> 00:11:05.290 align:start position:0%
introduction as to like the specific and
if<00:11:03.080><c> gas</c><00:11:03.440><c> cost</c><00:11:03.770><c> increase</c><00:11:04.670><c> in</c><00:11:04.880><c> some</c><00:11:05.089><c> of</c><00:11:05.210><c> the</c>

00:11:05.290 --> 00:11:05.300 align:start position:0%
if gas cost increase in some of the
 

00:11:05.300 --> 00:11:09.370 align:start position:0%
if gas cost increase in some of the
security<00:11:05.510><c> background</c><00:11:05.870><c> around</c><00:11:06.260><c> it</c><00:11:06.670><c> so</c><00:11:08.110><c> it's</c><00:11:09.110><c> a</c>

00:11:09.370 --> 00:11:09.380 align:start position:0%
security background around it so it's a
 

00:11:09.380 --> 00:11:12.310 align:start position:0%
security background around it so it's a
kind<00:11:09.589><c> of</c><00:11:09.710><c> general</c><00:11:10.339><c> fact</c><00:11:10.760><c> in</c><00:11:11.180><c> a</c><00:11:11.480><c> theory</c><00:11:11.900><c> so</c><00:11:12.170><c> in</c>

00:11:12.310 --> 00:11:12.320 align:start position:0%
kind of general fact in a theory so in
 

00:11:12.320 --> 00:11:13.750 align:start position:0%
kind of general fact in a theory so in
aetherium<00:11:12.740><c> we</c><00:11:12.860><c> have</c><00:11:12.980><c> different</c><00:11:13.310><c> kinds</c><00:11:13.550><c> of</c><00:11:13.610><c> op</c>

00:11:13.750 --> 00:11:13.760 align:start position:0%
aetherium we have different kinds of op
 

00:11:13.760 --> 00:11:15.040 align:start position:0%
aetherium we have different kinds of op
codes<00:11:14.000><c> we</c><00:11:14.210><c> have</c><00:11:14.240><c> op</c><00:11:14.540><c> codes</c><00:11:14.810><c> that</c><00:11:14.930><c> do</c>

00:11:15.040 --> 00:11:15.050 align:start position:0%
codes we have op codes that do
 

00:11:15.050 --> 00:11:18.700 align:start position:0%
codes we have op codes that do
computation<00:11:15.800><c> add</c><00:11:16.070><c> divide</c><00:11:16.970><c> subtract</c><00:11:17.710><c> elliptic</c>

00:11:18.700 --> 00:11:18.710 align:start position:0%
computation add divide subtract elliptic
 

00:11:18.710 --> 00:11:21.820 align:start position:0%
computation add divide subtract elliptic
curve<00:11:18.890><c> pairing</c><00:11:19.400><c> and</c><00:11:19.760><c> so</c><00:11:19.880><c> forth</c><00:11:20.180><c> we</c><00:11:20.360><c> have</c><00:11:20.830><c> and</c>

00:11:21.820 --> 00:11:21.830 align:start position:0%
curve pairing and so forth we have and
 

00:11:21.830 --> 00:11:24.700 align:start position:0%
curve pairing and so forth we have and
we<00:11:22.370><c> have</c><00:11:22.550><c> data</c><00:11:22.820><c> and</c><00:11:23.210><c> we</c><00:11:23.870><c> have</c><00:11:23.900><c> op</c><00:11:24.230><c> codes</c><00:11:24.470><c> that</c>

00:11:24.700 --> 00:11:24.710 align:start position:0%
we have data and we have op codes that
 

00:11:24.710 --> 00:11:26.740 align:start position:0%
we have data and we have op codes that
do<00:11:24.920><c> disk</c><00:11:25.190><c> i/o</c><00:11:25.400><c> so</c><00:11:25.760><c> basically</c><00:11:26.089><c> op</c><00:11:26.330><c> codes</c><00:11:26.630><c> that</c>

00:11:26.740 --> 00:11:26.750 align:start position:0%
do disk i/o so basically op codes that
 

00:11:26.750 --> 00:11:28.690 align:start position:0%
do disk i/o so basically op codes that
read<00:11:26.960><c> from</c><00:11:27.200><c> read</c><00:11:27.529><c> from</c><00:11:27.740><c> contract</c><00:11:28.190><c> balances</c>

00:11:28.690 --> 00:11:28.700 align:start position:0%
read from read from contract balances
 

00:11:28.700 --> 00:11:31.269 align:start position:0%
read from read from contract balances
read<00:11:28.910><c> from</c><00:11:29.029><c> contract</c><00:11:29.510><c> state</c><00:11:29.839><c> so</c><00:11:30.529><c> read</c><00:11:30.890><c> things</c>

00:11:31.269 --> 00:11:31.279 align:start position:0%
read from contract state so read things
 

00:11:31.279 --> 00:11:34.180 align:start position:0%
read from contract state so read things
that<00:11:31.490><c> require</c><00:11:32.060><c> basically</c><00:11:33.020><c> accessing</c><00:11:33.950><c> the</c>

00:11:34.180 --> 00:11:34.190 align:start position:0%
that require basically accessing the
 

00:11:34.190 --> 00:11:37.360 align:start position:0%
that require basically accessing the
disk<00:11:34.460><c> and</c><00:11:34.760><c> it's</c><00:11:35.000><c> been</c><00:11:35.270><c> a</c><00:11:35.680><c> general</c><00:11:36.680><c> fact</c><00:11:37.040><c> of</c>

00:11:37.360 --> 00:11:37.370 align:start position:0%
disk and it's been a general fact of
 

00:11:37.370 --> 00:11:38.980 align:start position:0%
disk and it's been a general fact of
etherium<00:11:37.880><c> pretty</c><00:11:38.210><c> much</c><00:11:38.420><c> since</c><00:11:38.690><c> the</c><00:11:38.870><c> beginning</c>

00:11:38.980 --> 00:11:38.990 align:start position:0%
etherium pretty much since the beginning
 

00:11:38.990 --> 00:11:42.460 align:start position:0%
etherium pretty much since the beginning
that<00:11:39.740><c> the</c><00:11:40.460><c> gas</c><00:11:40.820><c> costs</c><00:11:41.480><c> that</c><00:11:41.690><c> we</c><00:11:41.839><c> set</c><00:11:42.140><c> for</c><00:11:42.380><c> those</c>

00:11:42.460 --> 00:11:42.470 align:start position:0%
that the gas costs that we set for those
 

00:11:42.470 --> 00:11:44.530 align:start position:0%
that the gas costs that we set for those
out<00:11:42.740><c> codes</c><00:11:43.130><c> are</c><00:11:43.279><c> for</c><00:11:43.520><c> multiple</c><00:11:43.880><c> reasons</c><00:11:44.029><c> far</c>

00:11:44.530 --> 00:11:44.540 align:start position:0%
out codes are for multiple reasons far
 

00:11:44.540 --> 00:11:46.780 align:start position:0%
out codes are for multiple reasons far
lower<00:11:44.810><c> than</c><00:11:45.080><c> they</c><00:11:45.200><c> should</c><00:11:45.380><c> be</c><00:11:45.529><c> so</c><00:11:46.520><c> one</c><00:11:46.760><c> of</c>

00:11:46.780 --> 00:11:46.790 align:start position:0%
lower than they should be so one of
 

00:11:46.790 --> 00:11:49.690 align:start position:0%
lower than they should be so one of
those<00:11:47.000><c> reasons</c><00:11:47.270><c> is</c><00:11:47.720><c> that</c><00:11:47.779><c> the</c><00:11:48.620><c> operative</c><00:11:49.339><c> to</c>

00:11:49.690 --> 00:11:49.700 align:start position:0%
those reasons is that the operative to
 

00:11:49.700 --> 00:11:51.040 align:start position:0%
those reasons is that the operative to
there<00:11:49.850><c> gas</c><00:11:50.060><c> cost</c><00:11:50.360><c> the</c><00:11:50.540><c> op</c><00:11:50.630><c> codes</c><00:11:50.900><c> actually</c>

00:11:51.040 --> 00:11:51.050 align:start position:0%
there gas cost the op codes actually
 

00:11:51.050 --> 00:11:52.449 align:start position:0%
there gas cost the op codes actually
take<00:11:51.440><c> a</c><00:11:51.470><c> fairly</c><00:11:51.740><c> long</c><00:11:52.070><c> time</c><00:11:52.100><c> to</c><00:11:52.310><c> process</c>

00:11:52.449 --> 00:11:52.459 align:start position:0%
take a fairly long time to process
 

00:11:52.459 --> 00:11:55.570 align:start position:0%
take a fairly long time to process
because<00:11:53.620><c> accessing</c><00:11:54.620><c> disk</c><00:11:54.860><c> is</c><00:11:55.100><c> pretty</c>

00:11:55.570 --> 00:11:55.580 align:start position:0%
because accessing disk is pretty
 

00:11:55.580 --> 00:11:58.990 align:start position:0%
because accessing disk is pretty
expensive<00:11:55.820><c> and</c><00:11:56.240><c> takes</c><00:11:56.390><c> a</c><00:11:56.540><c> long</c><00:11:56.720><c> time</c><00:11:56.750><c> and</c><00:11:58.000><c> so</c>

00:11:58.990 --> 00:11:59.000 align:start position:0%
expensive and takes a long time and so
 

00:11:59.000 --> 00:12:00.970 align:start position:0%
expensive and takes a long time and so
for<00:11:59.209><c> example</c><00:11:59.779><c> there</c><00:11:59.959><c> was</c><00:12:00.080><c> this</c><00:12:00.230><c> recent</c><00:12:00.709><c> paper</c>

00:12:00.970 --> 00:12:00.980 align:start position:0%
for example there was this recent paper
 

00:12:00.980 --> 00:12:03.610 align:start position:0%
for example there was this recent paper
that<00:12:01.430><c> suggest</c><00:12:02.050><c> suggested</c><00:12:03.050><c> that</c><00:12:03.230><c> like</c><00:12:03.440><c> on</c>

00:12:03.610 --> 00:12:03.620 align:start position:0%
that suggest suggested that like on
 

00:12:03.620 --> 00:12:05.140 align:start position:0%
that suggest suggested that like on
their<00:12:03.770><c> own</c><00:12:03.860><c> hardware</c><00:12:04.190><c> a</c><00:12:04.370><c> worst-case</c><00:12:04.790><c> dos</c>

00:12:05.140 --> 00:12:05.150 align:start position:0%
their own hardware a worst-case dos
 

00:12:05.150 --> 00:12:07.060 align:start position:0%
their own hardware a worst-case dos
block<00:12:05.510><c> would</c><00:12:05.750><c> take</c><00:12:05.930><c> like</c><00:12:06.170><c> up</c><00:12:06.320><c> to</c><00:12:06.440><c> 80</c><00:12:06.589><c> seconds</c>

00:12:07.060 --> 00:12:07.070 align:start position:0%
block would take like up to 80 seconds
 

00:12:07.070 --> 00:12:10.180 align:start position:0%
block would take like up to 80 seconds
to<00:12:07.160><c> process</c><00:12:07.310><c> and</c><00:12:08.830><c> making</c><00:12:09.830><c> a</c><00:12:09.890><c> worst-case</c>

00:12:10.180 --> 00:12:10.190 align:start position:0%
to process and making a worst-case
 

00:12:10.190 --> 00:12:11.650 align:start position:0%
to process and making a worst-case
tosspot<00:12:10.610><c> is</c><00:12:10.910><c> hard</c><00:12:11.120><c> because</c><00:12:11.270><c> you</c><00:12:11.420><c> have</c><00:12:11.540><c> to</c>

00:12:11.650 --> 00:12:11.660 align:start position:0%
tosspot is hard because you have to
 

00:12:11.660 --> 00:12:13.329 align:start position:0%
tosspot is hard because you have to
outbid<00:12:11.810><c> like</c><00:12:12.200><c> whatever</c><00:12:12.500><c> all</c><00:12:12.650><c> the</c><00:12:12.800><c> other</c><00:12:12.920><c> users</c>

00:12:13.329 --> 00:12:13.339 align:start position:0%
outbid like whatever all the other users
 

00:12:13.339 --> 00:12:16.440 align:start position:0%
outbid like whatever all the other users
but<00:12:13.640><c> there's</c><00:12:13.850><c> like</c><00:12:14.300><c> it's</c><00:12:14.620><c> security</c><00:12:15.620><c> is</c><00:12:15.860><c> still</c>

00:12:16.440 --> 00:12:16.450 align:start position:0%
but there's like it's security is still
 

00:12:16.450 --> 00:12:18.780 align:start position:0%
but there's like it's security is still
lower<00:12:17.450><c> than</c><00:12:17.750><c> we</c><00:12:17.839><c> would</c><00:12:17.870><c> want</c><00:12:18.140><c> it</c><00:12:18.290><c> to</c><00:12:18.320><c> be</c>

00:12:18.780 --> 00:12:18.790 align:start position:0%
lower than we would want it to be
 

00:12:18.790 --> 00:12:22.390 align:start position:0%
lower than we would want it to be
especially<00:12:19.790><c> given</c><00:12:20.330><c> the</c><00:12:20.990><c> people's</c><00:12:21.529><c> people's</c>

00:12:22.390 --> 00:12:22.400 align:start position:0%
especially given the people's people's
 

00:12:22.400 --> 00:12:24.130 align:start position:0%
especially given the people's people's
desire<00:12:22.760><c> for</c><00:12:23.089><c> more</c><00:12:23.270><c> scalability</c><00:12:23.930><c> in</c><00:12:24.020><c> the</c>

00:12:24.130 --> 00:12:24.140 align:start position:0%
desire for more scalability in the
 

00:12:24.140 --> 00:12:27.220 align:start position:0%
desire for more scalability in the
medium<00:12:24.440><c> term</c><00:12:24.620><c> and</c><00:12:24.920><c> so</c><00:12:25.490><c> from</c><00:12:26.480><c> a</c><00:12:26.600><c> security</c><00:12:26.959><c> point</c>

00:12:27.220 --> 00:12:27.230 align:start position:0%
medium term and so from a security point
 

00:12:27.230 --> 00:12:28.810 align:start position:0%
medium term and so from a security point
of<00:12:27.350><c> view</c><00:12:27.410><c> it's</c><00:12:27.709><c> like</c><00:12:27.890><c> pretty</c><00:12:28.100><c> much</c><00:12:28.190><c> required</c>

00:12:28.810 --> 00:12:28.820 align:start position:0%
of view it's like pretty much required
 

00:12:28.820 --> 00:12:33.040 align:start position:0%
of view it's like pretty much required
to<00:12:29.470><c> increase</c><00:12:30.470><c> the</c><00:12:30.920><c> gas</c><00:12:31.100><c> costs</c><00:12:31.700><c> of</c><00:12:32.050><c> checking</c>

00:12:33.040 --> 00:12:33.050 align:start position:0%
to increase the gas costs of checking
 

00:12:33.050 --> 00:12:35.320 align:start position:0%
to increase the gas costs of checking
contract<00:12:33.560><c> balances</c><00:12:34.100><c> reading</c><00:12:34.550><c> contract</c><00:12:35.029><c> code</c>

00:12:35.320 --> 00:12:35.330 align:start position:0%
contract balances reading contract code
 

00:12:35.330 --> 00:12:38.680 align:start position:0%
contract balances reading contract code
you<00:12:35.660><c> agreed</c><00:12:36.170><c> in</c><00:12:36.290><c> contract</c><00:12:36.740><c> storage</c><00:12:37.160><c> and</c><00:12:37.690><c> my</c>

00:12:38.680 --> 00:12:38.690 align:start position:0%
you agreed in contract storage and my
 

00:12:38.690 --> 00:12:40.510 align:start position:0%
you agreed in contract storage and my
own<00:12:38.839><c> personal</c><00:12:39.320><c> opinion</c><00:12:39.740><c> is</c><00:12:39.890><c> that</c><00:12:39.920><c> the</c><00:12:40.190><c> IP</c><00:12:40.370><c> is</c>

00:12:40.510 --> 00:12:40.520 align:start position:0%
own personal opinion is that the IP is
 

00:12:40.520 --> 00:12:41.949 align:start position:0%
own personal opinion is that the IP is
that<00:12:40.730><c> we</c><00:12:40.790><c> have</c><00:12:41.000><c> don't</c><00:12:41.240><c> go</c><00:12:41.390><c> nearly</c><00:12:41.600><c> far</c><00:12:41.779><c> enough</c>

00:12:41.949 --> 00:12:41.959 align:start position:0%
that we have don't go nearly far enough
 

00:12:41.959 --> 00:12:44.829 align:start position:0%
that we have don't go nearly far enough
but<00:12:42.620><c> the</c><00:12:42.830><c> problem</c><00:12:43.190><c> is</c><00:12:43.310><c> that</c><00:12:43.370><c> the</c><00:12:43.790><c> like</c><00:12:44.660><c> this</c>

00:12:44.829 --> 00:12:44.839 align:start position:0%
but the problem is that the like this
 

00:12:44.839 --> 00:12:46.920 align:start position:0%
but the problem is that the like this
requires<00:12:45.170><c> increasing</c><00:12:45.709><c> some</c><00:12:45.860><c> gas</c><00:12:46.070><c> costs</c><00:12:46.610><c> and</c>

00:12:46.920 --> 00:12:46.930 align:start position:0%
requires increasing some gas costs and
 

00:12:46.930 --> 00:12:50.949 align:start position:0%
requires increasing some gas costs and
this<00:12:48.130><c> basically</c><00:12:49.130><c> breaks</c><00:12:49.640><c> some</c><00:12:50.120><c> contracts</c>

00:12:50.949 --> 00:12:50.959 align:start position:0%
this basically breaks some contracts
 

00:12:50.959 --> 00:12:53.980 align:start position:0%
this basically breaks some contracts
that<00:12:51.279><c> relied</c><00:12:52.279><c> I'd</c><00:12:53.240><c> only</c><00:12:53.390><c> assumption</c><00:12:53.779><c> that</c>

00:12:53.980 --> 00:12:53.990 align:start position:0%
that relied I'd only assumption that
 

00:12:53.990 --> 00:12:55.600 align:start position:0%
that relied I'd only assumption that
there<00:12:54.380><c> is</c><00:12:54.470><c> a</c><00:12:54.500><c> fixed</c><00:12:54.800><c> amount</c><00:12:54.890><c> of</c><00:12:55.100><c> gas</c><00:12:55.250><c> within</c>

00:12:55.600 --> 00:12:55.610 align:start position:0%
there is a fixed amount of gas within
 

00:12:55.610 --> 00:12:58.210 align:start position:0%
there is a fixed amount of gas within
which<00:12:55.790><c> they</c><00:12:56.000><c> could</c><00:12:56.209><c> do</c><00:12:56.390><c> some</c><00:12:56.600><c> things</c>

00:12:58.210 --> 00:12:58.220 align:start position:0%
which they could do some things
 

00:12:58.220 --> 00:13:02.180 align:start position:0%
which they could do some things
so<00:12:59.220><c> I</c><00:12:59.790><c> think</c><00:13:00.630><c> I've</c><00:13:00.930><c> written</c><00:13:01.320><c> this</c><00:13:01.710><c> opinion</c>

00:13:02.180 --> 00:13:02.190 align:start position:0%
so I think I've written this opinion
 

00:13:02.190 --> 00:13:04.190 align:start position:0%
so I think I've written this opinion
somewhere<00:13:02.550><c> but</c><00:13:02.730><c> from</c><00:13:03.330><c> my</c><00:13:03.420><c> point</c><00:13:03.690><c> of</c><00:13:03.810><c> view</c><00:13:03.870><c> the</c>

00:13:04.190 --> 00:13:04.200 align:start position:0%
somewhere but from my point of view the
 

00:13:04.200 --> 00:13:07.520 align:start position:0%
somewhere but from my point of view the
the<00:13:04.830><c> reason</c><00:13:05.310><c> why</c><00:13:05.490><c> the</c><00:13:06.060><c> creases</c><00:13:06.690><c> of</c><00:13:06.720><c> the</c><00:13:06.900><c> gas</c>

00:13:07.520 --> 00:13:07.530 align:start position:0%
the reason why the creases of the gas
 

00:13:07.530 --> 00:13:10.790 align:start position:0%
the reason why the creases of the gas
ghost<00:13:08.220><c> breaking</c><00:13:09.030><c> things</c><00:13:09.240><c> is</c><00:13:09.720><c> because</c><00:13:10.470><c> the</c><00:13:10.590><c> gas</c>

00:13:10.790 --> 00:13:10.800 align:start position:0%
ghost breaking things is because the gas
 

00:13:10.800 --> 00:13:14.180 align:start position:0%
ghost breaking things is because the gas
is<00:13:11.130><c> used</c><00:13:11.490><c> in</c><00:13:11.760><c> two</c><00:13:11.970><c> different</c><00:13:12.270><c> functions</c><00:13:13.190><c> so</c>

00:13:14.180 --> 00:13:14.190 align:start position:0%
is used in two different functions so
 

00:13:14.190 --> 00:13:16.340 align:start position:0%
is used in two different functions so
first<00:13:14.490><c> function</c><00:13:14.700><c> of</c><00:13:15.030><c> the</c><00:13:15.120><c> gas</c><00:13:15.300><c> is</c><00:13:15.630><c> what</c>

00:13:16.340 --> 00:13:16.350 align:start position:0%
first function of the gas is what
 

00:13:16.350 --> 00:13:18.940 align:start position:0%
first function of the gas is what
metallic<00:13:17.040><c> was</c><00:13:17.160><c> talking</c><00:13:17.490><c> about</c><00:13:17.550><c> is</c><00:13:18.330><c> to</c>

00:13:18.940 --> 00:13:18.950 align:start position:0%
metallic was talking about is to
 

00:13:18.950 --> 00:13:23.600 align:start position:0%
metallic was talking about is to
basically<00:13:19.950><c> measure</c><00:13:20.640><c> the</c><00:13:21.890><c> the</c><00:13:22.890><c> impact</c><00:13:23.310><c> on</c><00:13:23.520><c> the</c>

00:13:23.600 --> 00:13:23.610 align:start position:0%
basically measure the the impact on the
 

00:13:23.610 --> 00:13:25.400 align:start position:0%
basically measure the the impact on the
system<00:13:23.790><c> the</c><00:13:24.120><c> performance</c><00:13:24.600><c> impact</c><00:13:24.900><c> and</c><00:13:25.140><c> charge</c>

00:13:25.400 --> 00:13:25.410 align:start position:0%
system the performance impact and charge
 

00:13:25.410 --> 00:13:27.680 align:start position:0%
system the performance impact and charge
people<00:13:25.680><c> for</c><00:13:25.890><c> the</c><00:13:26.700><c> same</c><00:13:26.940><c> transaction</c><00:13:27.270><c> to</c>

00:13:27.680 --> 00:13:27.690 align:start position:0%
people for the same transaction to
 

00:13:27.690 --> 00:13:30.620 align:start position:0%
people for the same transaction to
compensate<00:13:28.290><c> for</c><00:13:28.530><c> that</c><00:13:28.590><c> and</c><00:13:29.330><c> discourage</c><00:13:30.330><c> the</c>

00:13:30.620 --> 00:13:30.630 align:start position:0%
compensate for that and discourage the
 

00:13:30.630 --> 00:13:33.530 align:start position:0%
compensate for that and discourage the
abuse<00:13:31.470><c> of</c><00:13:31.680><c> the</c><00:13:31.740><c> system</c><00:13:31.880><c> but</c><00:13:32.880><c> there's</c><00:13:33.030><c> a</c><00:13:33.150><c> second</c>

00:13:33.530 --> 00:13:33.540 align:start position:0%
abuse of the system but there's a second
 

00:13:33.540 --> 00:13:37.940 align:start position:0%
abuse of the system but there's a second
function<00:13:33.930><c> which</c><00:13:34.110><c> also</c><00:13:34.320><c> gas</c><00:13:35.030><c> gas</c><00:13:36.060><c> plays</c><00:13:37.050><c> which</c>

00:13:37.940 --> 00:13:37.950 align:start position:0%
function which also gas gas plays which
 

00:13:37.950 --> 00:13:40.250 align:start position:0%
function which also gas gas plays which
is<00:13:38.160><c> the</c><00:13:38.370><c> restriction</c><00:13:39.060><c> of</c><00:13:39.390><c> the</c><00:13:39.420><c> things</c><00:13:40.050><c> like</c>

00:13:40.250 --> 00:13:40.260 align:start position:0%
is the restriction of the things like
 

00:13:40.260 --> 00:13:44.720 align:start position:0%
is the restriction of the things like
recursion<00:13:40.920><c> and</c><00:13:41.810><c> Kobach's</c><00:13:42.810><c> and</c><00:13:43.200><c> that</c><00:13:43.950><c> that</c>

00:13:44.720 --> 00:13:44.730 align:start position:0%
recursion and Kobach's and that that
 

00:13:44.730 --> 00:13:47.930 align:start position:0%
recursion and Kobach's and that that
second<00:13:45.570><c> function</c><00:13:46.080><c> has</c><00:13:46.890><c> been</c><00:13:47.490><c> on</c><00:13:47.610><c> the</c><00:13:47.730><c> rise</c>

00:13:47.930 --> 00:13:47.940 align:start position:0%
second function has been on the rise
 

00:13:47.940 --> 00:13:51.440 align:start position:0%
second function has been on the rise
since<00:13:48.380><c> 2016</c><00:13:49.380><c> when</c><00:13:49.710><c> the</c><00:13:50.580><c> especially</c>

00:13:51.440 --> 00:13:51.450 align:start position:0%
since 2016 when the especially
 

00:13:51.450 --> 00:13:54.860 align:start position:0%
since 2016 when the especially
especially<00:13:51.780><c> after</c><00:13:52.260><c> the</c><00:13:52.650><c> re-entrance</c><00:13:53.870><c> e3</c>

00:13:54.860 --> 00:13:54.870 align:start position:0%
especially after the re-entrance e3
 

00:13:54.870 --> 00:13:56.930 align:start position:0%
especially after the re-entrance e3
instance<00:13:55.170><c> ii</c><00:13:55.260><c> problems</c><00:13:55.680><c> have</c><00:13:55.950><c> been</c><00:13:56.100><c> kind</c><00:13:56.820><c> of</c>

00:13:56.930 --> 00:13:56.940 align:start position:0%
instance ii problems have been kind of
 

00:13:56.940 --> 00:13:58.370 align:start position:0%
instance ii problems have been kind of
brought<00:13:57.240><c> into</c><00:13:57.570><c> light</c><00:13:57.750><c> and</c><00:13:57.780><c> people</c><00:13:58.290><c> were</c>

00:13:58.370 --> 00:13:58.380 align:start position:0%
brought into light and people were
 

00:13:58.380 --> 00:14:00.500 align:start position:0%
brought into light and people were
trying<00:13:58.590><c> to</c><00:13:58.800><c> use</c><00:13:58.980><c> the</c><00:13:59.280><c> second</c><00:14:00.030><c> function</c><00:14:00.210><c> the</c>

00:14:00.500 --> 00:14:00.510 align:start position:0%
trying to use the second function the
 

00:14:00.510 --> 00:14:03.830 align:start position:0%
trying to use the second function the
gas<00:14:00.690><c> much</c><00:14:00.990><c> more</c><00:14:01.380><c> to</c><00:14:02.310><c> so</c><00:14:03.090><c> they</c><00:14:03.210><c> would</c><00:14:03.390><c> allocate</c>

00:14:03.830 --> 00:14:03.840 align:start position:0%
gas much more to so they would allocate
 

00:14:03.840 --> 00:14:05.840 align:start position:0%
gas much more to so they would allocate
a<00:14:04.140><c> very</c><00:14:04.350><c> limited</c><00:14:04.590><c> amount</c><00:14:04.920><c> of</c><00:14:05.250><c> gas</c><00:14:05.400><c> for</c><00:14:05.640><c> a</c><00:14:05.700><c> lot</c>

00:14:05.840 --> 00:14:05.850 align:start position:0%
a very limited amount of gas for a lot
 

00:14:05.850 --> 00:14:07.820 align:start position:0%
a very limited amount of gas for a lot
of<00:14:05.970><c> operations</c><00:14:06.510><c> to</c><00:14:06.750><c> make</c><00:14:07.290><c> sure</c><00:14:07.530><c> that</c><00:14:07.710><c> the</c>

00:14:07.820 --> 00:14:07.830 align:start position:0%
of operations to make sure that the
 

00:14:07.830 --> 00:14:09.920 align:start position:0%
of operations to make sure that the
recursion<00:14:08.130><c> doesn't</c><00:14:08.610><c> go</c><00:14:08.700><c> deep</c><00:14:09.000><c> or</c><00:14:09.240><c> the</c>

00:14:09.920 --> 00:14:09.930 align:start position:0%
recursion doesn't go deep or the
 

00:14:09.930 --> 00:14:13.280 align:start position:0%
recursion doesn't go deep or the
callbacks<00:14:10.380><c> can't</c><00:14:10.680><c> do</c><00:14:10.890><c> things</c><00:14:11.640><c> but</c><00:14:12.630><c> we</c><00:14:12.840><c> now</c><00:14:12.990><c> see</c>

00:14:13.280 --> 00:14:13.290 align:start position:0%
callbacks can't do things but we now see
 

00:14:13.290 --> 00:14:15.230 align:start position:0%
callbacks can't do things but we now see
that<00:14:13.500><c> these</c><00:14:13.650><c> two</c><00:14:14.010><c> functions</c><00:14:14.430><c> are</c><00:14:14.610><c> becoming</c><00:14:15.000><c> at</c>

00:14:15.230 --> 00:14:15.240 align:start position:0%
that these two functions are becoming at
 

00:14:15.240 --> 00:14:17.000 align:start position:0%
that these two functions are becoming at
odds<00:14:15.450><c> with</c><00:14:15.570><c> each</c><00:14:15.720><c> other</c>

00:14:17.000 --> 00:14:17.010 align:start position:0%
odds with each other
 

00:14:17.010 --> 00:14:19.580 align:start position:0%
odds with each other
while<00:14:17.430><c> you</c><00:14:18.090><c> know</c><00:14:18.180><c> improving</c><00:14:18.660><c> one</c><00:14:18.960><c> we</c><00:14:19.200><c> actually</c>

00:14:19.580 --> 00:14:19.590 align:start position:0%
while you know improving one we actually
 

00:14:19.590 --> 00:14:21.860 align:start position:0%
while you know improving one we actually
hurt<00:14:19.950><c> in</c><00:14:20.130><c> the</c><00:14:20.280><c> other</c><00:14:20.430><c> and</c><00:14:20.730><c> from</c><00:14:21.360><c> my</c><00:14:21.480><c> point</c><00:14:21.690><c> of</c>

00:14:21.860 --> 00:14:21.870 align:start position:0%
hurt in the other and from my point of
 

00:14:21.870 --> 00:14:24.620 align:start position:0%
hurt in the other and from my point of
view<00:14:21.930><c> the</c><00:14:22.170><c> it</c><00:14:22.830><c> is</c><00:14:23.340><c> becoming</c><00:14:23.790><c> worrying</c><00:14:24.450><c> because</c>

00:14:24.620 --> 00:14:24.630 align:start position:0%
view the it is becoming worrying because
 

00:14:24.630 --> 00:14:27.320 align:start position:0%
view the it is becoming worrying because
that<00:14:24.990><c> that</c><00:14:25.500><c> tells</c><00:14:25.740><c> me</c><00:14:25.950><c> that</c><00:14:25.980><c> in</c><00:14:26.430><c> the</c><00:14:26.580><c> future</c><00:14:26.910><c> we</c>

00:14:27.320 --> 00:14:27.330 align:start position:0%
that that tells me that in the future we
 

00:14:27.330 --> 00:14:28.850 align:start position:0%
that that tells me that in the future we
need<00:14:27.450><c> to</c><00:14:27.510><c> do</c><00:14:27.780><c> more</c><00:14:28.080><c> of</c><00:14:28.110><c> those</c><00:14:28.380><c> things</c>

00:14:28.850 --> 00:14:28.860 align:start position:0%
need to do more of those things
 

00:14:28.860 --> 00:14:31.670 align:start position:0%
need to do more of those things
in<00:14:29.090><c> just</c><00:14:30.090><c> in</c><00:14:30.240><c> the</c><00:14:30.330><c> gas</c><00:14:30.510><c> Coast</c><00:14:30.810><c> and</c><00:14:30.960><c> we</c><00:14:31.350><c> have</c><00:14:31.530><c> to</c>

00:14:31.670 --> 00:14:31.680 align:start position:0%
in just in the gas Coast and we have to
 

00:14:31.680 --> 00:14:33.620 align:start position:0%
in just in the gas Coast and we have to
assume<00:14:31.950><c> that</c><00:14:32.130><c> we</c><00:14:32.310><c> should</c><00:14:33.030><c> be</c><00:14:33.180><c> doing</c><00:14:33.390><c> it</c><00:14:33.480><c> all</c>

00:14:33.620 --> 00:14:33.630 align:start position:0%
assume that we should be doing it all
 

00:14:33.630 --> 00:14:35.540 align:start position:0%
assume that we should be doing it all
the<00:14:33.750><c> time</c><00:14:33.780><c> anyway</c><00:14:34.380><c> because</c><00:14:35.010><c> the</c><00:14:35.280><c> hardware</c>

00:14:35.540 --> 00:14:35.550 align:start position:0%
the time anyway because the hardware
 

00:14:35.550 --> 00:14:38.480 align:start position:0%
the time anyway because the hardware
changes<00:14:36.150><c> everything</c><00:14:36.420><c> changes</c><00:14:36.680><c> we</c><00:14:37.680><c> have</c><00:14:38.070><c> to</c><00:14:38.220><c> do</c>

00:14:38.480 --> 00:14:38.490 align:start position:0%
changes everything changes we have to do
 

00:14:38.490 --> 00:14:40.370 align:start position:0%
changes everything changes we have to do
the<00:14:38.670><c> way</c><00:14:38.790><c> out</c><00:14:39.000><c> of</c><00:14:39.030><c> it</c><00:14:39.360><c> is</c><00:14:39.390><c> to</c><00:14:39.690><c> split</c><00:14:40.110><c> those</c><00:14:40.320><c> two</c>

00:14:40.370 --> 00:14:40.380 align:start position:0%
the way out of it is to split those two
 

00:14:40.380 --> 00:14:42.470 align:start position:0%
the way out of it is to split those two
functions<00:14:40.980><c> and</c><00:14:41.160><c> then</c><00:14:41.370><c> decouple</c><00:14:41.850><c> them</c><00:14:42.180><c> from</c>

00:14:42.470 --> 00:14:42.480 align:start position:0%
functions and then decouple them from
 

00:14:42.480 --> 00:14:44.090 align:start position:0%
functions and then decouple them from
each<00:14:42.600><c> other</c><00:14:42.720><c> and</c><00:14:43.140><c> that</c><00:14:43.680><c> does</c><00:14:43.920><c> bring</c>

00:14:44.090 --> 00:14:44.100 align:start position:0%
each other and that does bring
 

00:14:44.100 --> 00:14:46.100 align:start position:0%
each other and that does bring
complexity<00:14:44.940><c> because</c><00:14:45.330><c> we</c><00:14:45.480><c> essentially</c><00:14:45.840><c> will</c>

00:14:46.100 --> 00:14:46.110 align:start position:0%
complexity because we essentially will
 

00:14:46.110 --> 00:14:48.800 align:start position:0%
complexity because we essentially will
have<00:14:46.230><c> two</c><00:14:46.620><c> gases</c><00:14:47.070><c> now</c><00:14:47.280><c> to</c><00:14:47.880><c> gas</c><00:14:48.090><c> counters</c><00:14:48.630><c> one</c>

00:14:48.800 --> 00:14:48.810 align:start position:0%
have two gases now to gas counters one
 

00:14:48.810 --> 00:14:50.930 align:start position:0%
have two gases now to gas counters one
for<00:14:49.020><c> the</c><00:14:49.170><c> one</c><00:14:49.680><c> first</c><00:14:50.010><c> function</c><00:14:50.460><c> one</c><00:14:50.640><c> for</c><00:14:50.880><c> the</c>

00:14:50.930 --> 00:14:50.940 align:start position:0%
for the one first function one for the
 

00:14:50.940 --> 00:14:52.910 align:start position:0%
for the one first function one for the
second<00:14:51.270><c> function</c><00:14:51.450><c> and</c><00:14:51.840><c> then</c><00:14:52.380><c> you</c><00:14:52.590><c> need</c><00:14:52.770><c> to</c>

00:14:52.910 --> 00:14:52.920 align:start position:0%
second function and then you need to
 

00:14:52.920 --> 00:14:54.770 align:start position:0%
second function and then you need to
decide<00:14:53.040><c> what</c><00:14:53.460><c> is</c><00:14:53.610><c> the</c><00:14:53.640><c> gas</c><00:14:53.880><c> limit</c><00:14:54.270><c> and</c><00:14:54.480><c> is</c><00:14:54.630><c> it</c>

00:14:54.770 --> 00:14:54.780 align:start position:0%
decide what is the gas limit and is it
 

00:14:54.780 --> 00:14:56.870 align:start position:0%
decide what is the gas limit and is it
the<00:14:55.080><c> gas</c><00:14:55.230><c> limit</c><00:14:55.620><c> for</c><00:14:55.860><c> the</c><00:14:55.920><c> first</c><00:14:56.160><c> one</c><00:14:56.430><c> or</c><00:14:56.640><c> is</c><00:14:56.760><c> it</c>

00:14:56.870 --> 00:14:56.880 align:start position:0%
the gas limit for the first one or is it
 

00:14:56.880 --> 00:14:58.880 align:start position:0%
the gas limit for the first one or is it
the<00:14:56.970><c> gas</c><00:14:57.120><c> limit</c><00:14:57.330><c> for</c><00:14:57.600><c> the</c><00:14:57.690><c> second</c><00:14:58.050><c> one</c><00:14:58.200><c> but</c><00:14:58.830><c> I</c>

00:14:58.880 --> 00:14:58.890 align:start position:0%
the gas limit for the second one but I
 

00:14:58.890 --> 00:15:01.310 align:start position:0%
the gas limit for the second one but I
think<00:14:59.100><c> it's</c><00:14:59.250><c> solvable</c><00:14:59.670><c> and</c><00:15:00.270><c> more</c><00:15:00.870><c> importantly</c>

00:15:01.310 --> 00:15:01.320 align:start position:0%
think it's solvable and more importantly
 

00:15:01.320 --> 00:15:03.530 align:start position:0%
think it's solvable and more importantly
if<00:15:01.530><c> you</c><00:15:01.560><c> decouple</c><00:15:01.950><c> this</c><00:15:02.280><c> then</c><00:15:02.580><c> you</c><00:15:02.760><c> are</c><00:15:02.790><c> kind</c>

00:15:03.530 --> 00:15:03.540 align:start position:0%
if you decouple this then you are kind
 

00:15:03.540 --> 00:15:08.180 align:start position:0%
if you decouple this then you are kind
of<00:15:03.630><c> a</c><00:15:03.750><c> bit</c><00:15:03.900><c> more</c><00:15:04.230><c> future-proof</c><00:15:06.800><c> so</c><00:15:07.800><c> coming</c>

00:15:08.180 --> 00:15:08.190 align:start position:0%
of a bit more future-proof so coming
 

00:15:08.190 --> 00:15:10.340 align:start position:0%
of a bit more future-proof so coming
back<00:15:08.220><c> to</c><00:15:08.490><c> your</c><00:15:08.610><c> original</c><00:15:08.700><c> question</c><00:15:09.200><c> which</c><00:15:10.200><c> was</c>

00:15:10.340 --> 00:15:10.350 align:start position:0%
back to your original question which was
 

00:15:10.350 --> 00:15:10.560 align:start position:0%
back to your original question which was
a

00:15:10.560 --> 00:15:10.570 align:start position:0%
a
 

00:15:10.570 --> 00:15:12.240 align:start position:0%
a
like<00:15:10.720><c> invariances</c><00:15:11.290><c> an</c><00:15:11.440><c> app</c><00:15:11.560><c> developer</c><00:15:12.010><c> like</c>

00:15:12.240 --> 00:15:12.250 align:start position:0%
like invariances an app developer like
 

00:15:12.250 --> 00:15:13.620 align:start position:0%
like invariances an app developer like
obviously<00:15:12.580><c> we</c><00:15:12.730><c> need</c><00:15:12.850><c> to</c><00:15:12.970><c> change</c><00:15:13.090><c> the</c><00:15:13.270><c> gas</c><00:15:13.390><c> cost</c>

00:15:13.620 --> 00:15:13.630 align:start position:0%
obviously we need to change the gas cost
 

00:15:13.630 --> 00:15:15.540 align:start position:0%
obviously we need to change the gas cost
sometimes<00:15:14.020><c> because</c><00:15:14.380><c> security</c><00:15:14.860><c> and</c><00:15:15.250><c> a</c><00:15:15.430><c> whole</c>

00:15:15.540 --> 00:15:15.550 align:start position:0%
sometimes because security and a whole
 

00:15:15.550 --> 00:15:17.520 align:start position:0%
sometimes because security and a whole
bunch<00:15:15.730><c> of</c><00:15:15.820><c> reasons</c><00:15:16.000><c> and</c><00:15:16.900><c> some</c><00:15:17.200><c> of</c><00:15:17.290><c> which</c><00:15:17.380><c> we</c>

00:15:17.520 --> 00:15:17.530 align:start position:0%
bunch of reasons and some of which we
 

00:15:17.530 --> 00:15:20.190 align:start position:0%
bunch of reasons and some of which we
don't<00:15:17.620><c> know</c><00:15:17.770><c> today</c><00:15:18.270><c> so</c><00:15:19.270><c> I</c><00:15:19.300><c> I</c><00:15:19.720><c> guess</c><00:15:19.960><c> it's</c><00:15:20.140><c> a</c>

00:15:20.190 --> 00:15:20.200 align:start position:0%
don't know today so I I guess it's a
 

00:15:20.200 --> 00:15:22.230 align:start position:0%
don't know today so I I guess it's a
question<00:15:20.230><c> for</c><00:15:20.590><c> people</c><00:15:20.710><c> up</c><00:15:20.890><c> here</c><00:15:21.190><c> are</c><00:15:21.970><c> there</c>

00:15:22.230 --> 00:15:22.240 align:start position:0%
question for people up here are there
 

00:15:22.240 --> 00:15:24.810 align:start position:0%
question for people up here are there
like<00:15:22.480><c> actual</c><00:15:22.960><c> invariants</c><00:15:23.860><c> that</c><00:15:23.920><c> you</c><00:15:24.220><c> can</c><00:15:24.430><c> give</c>

00:15:24.810 --> 00:15:24.820 align:start position:0%
like actual invariants that you can give
 

00:15:24.820 --> 00:15:26.580 align:start position:0%
like actual invariants that you can give
the<00:15:25.090><c> DAP</c><00:15:25.300><c> developers</c><00:15:25.870><c> building</c><00:15:26.410><c> and</c>

00:15:26.580 --> 00:15:26.590 align:start position:0%
the DAP developers building and
 

00:15:26.590 --> 00:15:30.240 align:start position:0%
the DAP developers building and
aetherium<00:15:26.980><c> or</c><00:15:27.250><c> is</c><00:15:28.090><c> the</c><00:15:28.690><c> sort</c><00:15:29.140><c> of</c><00:15:29.260><c> hard</c><00:15:29.560><c> answer</c>

00:15:30.240 --> 00:15:30.250 align:start position:0%
aetherium or is the sort of hard answer
 

00:15:30.250 --> 00:15:31.650 align:start position:0%
aetherium or is the sort of hard answer
you<00:15:30.370><c> know</c><00:15:30.490><c> things</c><00:15:30.820><c> will</c><00:15:31.000><c> change</c><00:15:31.030><c> they</c><00:15:31.510><c> will</c>

00:15:31.650 --> 00:15:31.660 align:start position:0%
you know things will change they will
 

00:15:31.660 --> 00:15:34.050 align:start position:0%
you know things will change they will
break<00:15:31.870><c> and</c><00:15:32.290><c> we'll</c><00:15:32.860><c> try</c><00:15:33.100><c> our</c><00:15:33.310><c> best</c><00:15:33.460><c> you</c><00:15:33.880><c> know</c><00:15:34.000><c> to</c>

00:15:34.050 --> 00:15:34.060 align:start position:0%
break and we'll try our best you know to
 

00:15:34.060 --> 00:15:35.880 align:start position:0%
break and we'll try our best you know to
make<00:15:34.480><c> that</c><00:15:34.690><c> the</c><00:15:34.870><c> least</c><00:15:35.110><c> inconvenient</c><00:15:35.830><c> as</c>

00:15:35.880 --> 00:15:35.890 align:start position:0%
make that the least inconvenient as
 

00:15:35.890 --> 00:15:37.920 align:start position:0%
make that the least inconvenient as
possible<00:15:36.280><c> but</c><00:15:36.670><c> it's</c><00:15:36.820><c> kind</c><00:15:36.970><c> of</c><00:15:37.030><c> unrealistic</c><00:15:37.570><c> if</c>

00:15:37.920 --> 00:15:37.930 align:start position:0%
possible but it's kind of unrealistic if
 

00:15:37.930 --> 00:15:39.480 align:start position:0%
possible but it's kind of unrealistic if
you're<00:15:38.050><c> building</c><00:15:38.140><c> an</c><00:15:38.470><c> app</c><00:15:38.590><c> to</c><00:15:38.830><c> assume</c><00:15:39.100><c> you</c>

00:15:39.480 --> 00:15:39.490 align:start position:0%
you're building an app to assume you
 

00:15:39.490 --> 00:15:41.340 align:start position:0%
you're building an app to assume you
know<00:15:39.610><c> there's</c><00:15:39.880><c> any</c><00:15:40.030><c> invariants</c><00:15:40.600><c> I</c><00:15:40.780><c> think</c><00:15:41.290><c> the</c>

00:15:41.340 --> 00:15:41.350 align:start position:0%
know there's any invariants I think the
 

00:15:41.350 --> 00:15:42.720 align:start position:0%
know there's any invariants I think the
truth<00:15:41.530><c> is</c><00:15:41.650><c> like</c><00:15:41.920><c> somewhere</c><00:15:42.190><c> in</c><00:15:42.250><c> between</c><00:15:42.340><c> but</c>

00:15:42.720 --> 00:15:42.730 align:start position:0%
truth is like somewhere in between but
 

00:15:42.730 --> 00:15:44.330 align:start position:0%
truth is like somewhere in between but
I'm<00:15:42.910><c> curious</c><00:15:43.120><c> what</c><00:15:43.480><c> people</c><00:15:43.510><c> think</c><00:15:43.900><c> about</c><00:15:43.990><c> that</c>

00:15:44.330 --> 00:15:44.340 align:start position:0%
I'm curious what people think about that
 

00:15:44.340 --> 00:15:48.060 align:start position:0%
I'm curious what people think about that
yeah<00:15:45.340><c> I</c><00:15:45.370><c> I</c><00:15:45.490><c> think</c><00:15:46.060><c> that</c><00:15:46.750><c> the</c><00:15:47.290><c> app</c><00:15:47.380><c> developers</c>

00:15:48.060 --> 00:15:48.070 align:start position:0%
yeah I I think that the app developers
 

00:15:48.070 --> 00:15:51.210 align:start position:0%
yeah I I think that the app developers
should<00:15:48.400><c> have</c><00:15:48.640><c> the</c><00:15:48.790><c> mindset</c><00:15:49.210><c> that</c><00:15:49.810><c> things</c><00:15:50.560><c> may</c>

00:15:51.210 --> 00:15:51.220 align:start position:0%
should have the mindset that things may
 

00:15:51.220 --> 00:15:54.390 align:start position:0%
should have the mindset that things may
change<00:15:52.080><c> there</c><00:15:53.080><c> are</c><00:15:53.200><c> no</c><00:15:53.410><c> way</c><00:15:53.560><c> variants</c><00:15:54.160><c> and</c>

00:15:54.390 --> 00:15:54.400 align:start position:0%
change there are no way variants and
 

00:15:54.400 --> 00:15:59.960 align:start position:0%
change there are no way variants and
they<00:15:55.240><c> should</c><00:15:55.710><c> build</c><00:15:56.710><c> their</c><00:15:57.420><c> systems</c><00:15:58.420><c> or</c>

00:15:59.960 --> 00:15:59.970 align:start position:0%
they should build their systems or
 

00:15:59.970 --> 00:16:02.730 align:start position:0%
they should build their systems or
deployments<00:16:00.970><c> in</c><00:16:01.630><c> ways</c><00:16:01.870><c> that</c><00:16:02.320><c> they</c><00:16:02.500><c> can</c><00:16:02.560><c> be</c>

00:16:02.730 --> 00:16:02.740 align:start position:0%
deployments in ways that they can be
 

00:16:02.740 --> 00:16:05.460 align:start position:0%
deployments in ways that they can be
upgraded<00:16:03.900><c> because</c><00:16:04.900><c> it's</c><00:16:05.050><c> still</c><00:16:05.290><c> developing</c>

00:16:05.460 --> 00:16:05.470 align:start position:0%
upgraded because it's still developing
 

00:16:05.470 --> 00:16:07.530 align:start position:0%
upgraded because it's still developing
the<00:16:06.040><c> EVM</c><00:16:06.340><c> is</c><00:16:06.430><c> still</c><00:16:06.610><c> developing</c><00:16:07.000><c> that's</c><00:16:07.360><c> my</c>

00:16:07.530 --> 00:16:07.540 align:start position:0%
the EVM is still developing that's my
 

00:16:07.540 --> 00:16:14.130 align:start position:0%
the EVM is still developing that's my
point<00:16:08.410><c> of</c><00:16:08.560><c> view</c><00:16:10.530><c> just</c><00:16:11.530><c> after</c><00:16:11.890><c> that</c><00:16:12.070><c> I</c><00:16:12.600><c> think</c><00:16:13.600><c> of</c>

00:16:14.130 --> 00:16:14.140 align:start position:0%
point of view just after that I think of
 

00:16:14.140 --> 00:16:15.660 align:start position:0%
point of view just after that I think of
for<00:16:14.620><c> example</c><00:16:14.680><c> now</c><00:16:14.980><c> the</c><00:16:15.040><c> important</c><00:16:15.520><c> thing</c><00:16:15.640><c> that</c>

00:16:15.660 --> 00:16:15.670 align:start position:0%
for example now the important thing that
 

00:16:15.670 --> 00:16:18.480 align:start position:0%
for example now the important thing that
that<00:16:15.910><c> developers</c><00:16:16.390><c> should</c><00:16:16.420><c> always</c><00:16:16.990><c> keep</c><00:16:17.320><c> if</c><00:16:18.310><c> in</c>

00:16:18.480 --> 00:16:18.490 align:start position:0%
that developers should always keep if in
 

00:16:18.490 --> 00:16:20.400 align:start position:0%
that developers should always keep if in
front<00:16:18.700><c> of</c><00:16:18.820><c> them</c><00:16:18.970><c> is</c><00:16:19.180><c> that</c><00:16:19.360><c> every</c><00:16:19.600><c> time</c><00:16:19.780><c> you</c><00:16:19.990><c> you</c>

00:16:20.400 --> 00:16:20.410 align:start position:0%
front of them is that every time you you
 

00:16:20.410 --> 00:16:22.170 align:start position:0%
front of them is that every time you you
find<00:16:20.650><c> a</c><00:16:20.740><c> neat</c><00:16:20.920><c> little</c><00:16:21.070><c> trick</c><00:16:21.400><c> that</c><00:16:21.700><c> hey</c><00:16:21.910><c> I</c><00:16:21.940><c> can</c>

00:16:22.170 --> 00:16:22.180 align:start position:0%
find a neat little trick that hey I can
 

00:16:22.180 --> 00:16:25.350 align:start position:0%
find a neat little trick that hey I can
store<00:16:22.720><c> this</c><00:16:22.930><c> data</c><00:16:22.990><c> in</c><00:16:23.890><c> a</c><00:16:24.010><c> in</c><00:16:24.520><c> a</c><00:16:24.610><c> more</c><00:16:24.820><c> optimal</c>

00:16:25.350 --> 00:16:25.360 align:start position:0%
store this data in a in a more optimal
 

00:16:25.360 --> 00:16:27.960 align:start position:0%
store this data in a in a more optimal
way<00:16:25.600><c> or</c><00:16:25.840><c> sorry</c><00:16:26.200><c> in</c><00:16:26.350><c> a</c><00:16:26.650><c> way</c><00:16:26.830><c> that</c><00:16:27.070><c> kind</c><00:16:27.670><c> of</c><00:16:27.760><c> is</c><00:16:27.940><c> a</c>

00:16:27.960 --> 00:16:27.970 align:start position:0%
way or sorry in a way that kind of is a
 

00:16:27.970 --> 00:16:30.090 align:start position:0%
way or sorry in a way that kind of is a
bit<00:16:28.210><c> cheaper</c><00:16:28.720><c> than</c><00:16:28.930><c> storing</c><00:16:29.410><c> it</c><00:16:29.590><c> the</c><00:16:29.740><c> other</c>

00:16:30.090 --> 00:16:30.100 align:start position:0%
bit cheaper than storing it the other
 

00:16:30.100 --> 00:16:33.090 align:start position:0%
bit cheaper than storing it the other
way<00:16:30.280><c> around</c><00:16:30.400><c> our</c><00:16:31.270><c> goal</c><00:16:31.720><c> as</c><00:16:32.050><c> maintenance</c><00:16:32.920><c> of</c><00:16:33.010><c> a</c>

00:16:33.090 --> 00:16:33.100 align:start position:0%
way around our goal as maintenance of a
 

00:16:33.100 --> 00:16:34.740 align:start position:0%
way around our goal as maintenance of a
theorem<00:16:33.460><c> is</c><00:16:33.610><c> to</c><00:16:33.850><c> make</c><00:16:34.000><c> sure</c><00:16:34.030><c> that</c><00:16:34.270><c> everything</c>

00:16:34.740 --> 00:16:34.750 align:start position:0%
theorem is to make sure that everything
 

00:16:34.750 --> 00:16:36.690 align:start position:0%
theorem is to make sure that everything
is<00:16:34.810><c> priced</c><00:16:35.080><c> correctly</c><00:16:35.320><c> which</c><00:16:36.250><c> kind</c><00:16:36.460><c> of</c><00:16:36.520><c> means</c>

00:16:36.690 --> 00:16:36.700 align:start position:0%
is priced correctly which kind of means
 

00:16:36.700 --> 00:16:41.510 align:start position:0%
is priced correctly which kind of means
that<00:16:36.940><c> storing</c><00:16:37.630><c> data</c><00:16:37.870><c> should</c><00:16:38.430><c> cost</c><00:16:39.430><c> the</c><00:16:40.150><c> actual</c>

00:16:41.510 --> 00:16:41.520 align:start position:0%
that storing data should cost the actual
 

00:16:41.520 --> 00:16:44.580 align:start position:0%
that storing data should cost the actual
resource<00:16:42.520><c> so</c><00:16:43.210><c> if</c><00:16:43.420><c> you</c><00:16:43.510><c> figure</c><00:16:43.690><c> out</c><00:16:43.840><c> a</c><00:16:43.960><c> cheaper</c>

00:16:44.580 --> 00:16:44.590 align:start position:0%
resource so if you figure out a cheaper
 

00:16:44.590 --> 00:16:46.620 align:start position:0%
resource so if you figure out a cheaper
way<00:16:44.740><c> to</c><00:16:44.770><c> store</c><00:16:45.220><c> it</c><00:16:45.370><c> then</c><00:16:46.000><c> there</c><00:16:46.300><c> is</c><00:16:46.390><c> a</c><00:16:46.420><c> high</c>

00:16:46.620 --> 00:16:46.630 align:start position:0%
way to store it then there is a high
 

00:16:46.630 --> 00:16:49.170 align:start position:0%
way to store it then there is a high
chance<00:16:46.660><c> that</c><00:16:47.200><c> if</c><00:16:47.470><c> it</c><00:16:48.160><c> picks</c><00:16:48.370><c> up</c><00:16:48.490><c> steam</c><00:16:48.790><c> then</c><00:16:49.090><c> it</c>

00:16:49.170 --> 00:16:49.180 align:start position:0%
chance that if it picks up steam then it
 

00:16:49.180 --> 00:16:51.990 align:start position:0%
chance that if it picks up steam then it
will<00:16:49.360><c> get</c><00:16:49.510><c> patched</c><00:16:49.810><c> simply</c><00:16:50.620><c> because</c><00:16:50.950><c> it's</c><00:16:51.760><c> out</c>

00:16:51.990 --> 00:16:52.000 align:start position:0%
will get patched simply because it's out
 

00:16:52.000 --> 00:16:54.060 align:start position:0%
will get patched simply because it's out
of<00:16:52.030><c> its</c><00:16:52.390><c> not</c><00:16:52.630><c> balanced</c><00:16:53.290><c> correctly</c><00:16:53.470><c> so</c><00:16:53.920><c> our</c>

00:16:54.060 --> 00:16:54.070 align:start position:0%
of its not balanced correctly so our
 

00:16:54.070 --> 00:16:57.450 align:start position:0%
of its not balanced correctly so our
goal<00:16:54.310><c> is</c><00:16:54.460><c> always</c><00:16:54.610><c> to</c><00:16:55.110><c> balance</c><00:16:56.110><c> there</c><00:16:56.320><c> is</c><00:16:56.460><c> the</c>

00:16:57.450 --> 00:16:57.460 align:start position:0%
goal is always to balance there is the
 

00:16:57.460 --> 00:16:58.770 align:start position:0%
goal is always to balance there is the
of<00:16:57.610><c> course</c><00:16:57.820><c> of</c><00:16:58.030><c> the</c><00:16:58.090><c> resources</c><00:16:58.570><c> actually</c>

00:16:58.770 --> 00:16:58.780 align:start position:0%
of course of the resources actually
 

00:16:58.780 --> 00:17:00.810 align:start position:0%
of course of the resources actually
being<00:16:59.170><c> used</c><00:16:59.410><c> and</c><00:16:59.710><c> yes</c><00:16:59.980><c> sometimes</c><00:17:00.460><c> that</c><00:17:00.640><c> means</c>

00:17:00.810 --> 00:17:00.820 align:start position:0%
being used and yes sometimes that means
 

00:17:00.820 --> 00:17:02.670 align:start position:0%
being used and yes sometimes that means
making<00:17:01.270><c> it</c><00:17:01.450><c> them</c><00:17:01.750><c> cheaper</c><00:17:02.080><c> and</c><00:17:02.170><c> sometimes</c><00:17:02.560><c> it</c>

00:17:02.670 --> 00:17:02.680 align:start position:0%
making it them cheaper and sometimes it
 

00:17:02.680 --> 00:17:04.890 align:start position:0%
making it them cheaper and sometimes it
means<00:17:02.890><c> making</c><00:17:03.160><c> them</c><00:17:03.370><c> more</c><00:17:03.490><c> expensive</c><00:17:03.820><c> but</c><00:17:04.689><c> all</c>

00:17:04.890 --> 00:17:04.900 align:start position:0%
means making them more expensive but all
 

00:17:04.900 --> 00:17:07.980 align:start position:0%
means making them more expensive but all
the<00:17:05.079><c> loopholes</c><00:17:05.880><c> will</c><00:17:06.880><c> eventually</c><00:17:07.570><c> be</c><00:17:07.689><c> filled</c>

00:17:07.980 --> 00:17:07.990 align:start position:0%
the loopholes will eventually be filled
 

00:17:07.990 --> 00:17:13.740 align:start position:0%
the loopholes will eventually be filled
so<00:17:08.829><c> I</c><00:17:09.660><c> think</c><00:17:10.660><c> that's</c><00:17:10.930><c> a</c><00:17:11.020><c> good</c><00:17:11.140><c> invariant</c><00:17:12.689><c> can</c><00:17:13.689><c> I</c>

00:17:13.740 --> 00:17:13.750 align:start position:0%
so I think that's a good invariant can I
 

00:17:13.750 --> 00:17:16.290 align:start position:0%
so I think that's a good invariant can I
ask<00:17:13.839><c> a</c><00:17:13.990><c> question</c><00:17:14.520><c> unrelated</c><00:17:15.520><c> can</c><00:17:15.760><c> we</c><00:17:15.850><c> warm</c>

00:17:16.290 --> 00:17:16.300 align:start position:0%
ask a question unrelated can we warm
 

00:17:16.300 --> 00:17:20.970 align:start position:0%
ask a question unrelated can we warm
from<00:17:17.370><c> great</c><00:17:18.370><c> hi</c><00:17:19.089><c> I'm</c><00:17:19.240><c> Mary</c><00:17:19.689><c> Emma</c><00:17:19.839><c> from</c><00:17:20.079><c> maker</c>

00:17:20.970 --> 00:17:20.980 align:start position:0%
from great hi I'm Mary Emma from maker
 

00:17:20.980 --> 00:17:23.250 align:start position:0%
from great hi I'm Mary Emma from maker
and<00:17:21.070><c> I'd</c><00:17:21.490><c> like</c><00:17:21.640><c> to</c><00:17:21.700><c> discuss</c><00:17:22.260><c> programmatic</c>

00:17:23.250 --> 00:17:23.260 align:start position:0%
and I'd like to discuss programmatic
 

00:17:23.260 --> 00:17:30.600 align:start position:0%
and I'd like to discuss programmatic
proof-of-work<00:17:25.530><c> because</c><00:17:28.440><c> because</c><00:17:29.440><c> I</c><00:17:29.590><c> feel</c><00:17:29.830><c> I</c>

00:17:30.600 --> 00:17:30.610 align:start position:0%
proof-of-work because because I feel I
 

00:17:30.610 --> 00:17:34.830 align:start position:0%
proof-of-work because because I feel I
I<00:17:30.880><c> feel</c><00:17:31.300><c> like</c><00:17:31.450><c> there's</c><00:17:32.110><c> a</c><00:17:32.200><c> big</c><00:17:32.620><c> device</c><00:17:33.840><c> core</c>

00:17:34.830 --> 00:17:34.840 align:start position:0%
I feel like there's a big device core
 

00:17:34.840 --> 00:17:39.060 align:start position:0%
I feel like there's a big device core
devs<00:17:35.110><c> and</c><00:17:35.640><c> community</c><00:17:36.640><c> in</c><00:17:36.700><c> general</c><00:17:36.880><c> and</c><00:17:38.070><c> like</c>

00:17:39.060 --> 00:17:39.070 align:start position:0%
devs and community in general and like
 

00:17:39.070 --> 00:17:41.670 align:start position:0%
devs and community in general and like
I've<00:17:39.310><c> seen</c><00:17:39.610><c> a</c><00:17:39.640><c> lot</c><00:17:39.910><c> of</c><00:17:39.990><c> prominent</c><00:17:40.990><c> members</c><00:17:41.350><c> of</c>

00:17:41.670 --> 00:17:41.680 align:start position:0%
I've seen a lot of prominent members of
 

00:17:41.680 --> 00:17:44.730 align:start position:0%
I've seen a lot of prominent members of
different<00:17:42.010><c> projects</c><00:17:42.610><c> and</c><00:17:42.790><c> apps</c><00:17:43.440><c> that</c><00:17:44.440><c> feel</c>

00:17:44.730 --> 00:17:44.740 align:start position:0%
different projects and apps that feel
 

00:17:44.740 --> 00:17:47.310 align:start position:0%
different projects and apps that feel
strongly<00:17:45.160><c> against</c><00:17:45.700><c> it</c><00:17:45.820><c> and</c><00:17:46.090><c> many</c><00:17:46.990><c> quarters</c>

00:17:47.310 --> 00:17:47.320 align:start position:0%
strongly against it and many quarters
 

00:17:47.320 --> 00:17:49.770 align:start position:0%
strongly against it and many quarters
apps<00:17:47.470><c> that</c><00:17:47.680><c> feel</c><00:17:48.130><c> strongly</c><00:17:48.460><c> for</c><00:17:48.550><c> it</c><00:17:48.910><c> then</c><00:17:49.120><c> they</c>

00:17:49.770 --> 00:17:49.780 align:start position:0%
apps that feel strongly for it then they
 

00:17:49.780 --> 00:17:51.930 align:start position:0%
apps that feel strongly for it then they
were<00:17:49.870><c> way</c><00:17:50.050><c> around</c><00:17:50.320><c> and</c><00:17:50.560><c> I</c><00:17:51.010><c> don't</c><00:17:51.640><c> think</c><00:17:51.790><c> we've</c>

00:17:51.930 --> 00:17:51.940 align:start position:0%
were way around and I don't think we've
 

00:17:51.940 --> 00:17:54.600 align:start position:0%
were way around and I don't think we've
ever<00:17:52.180><c> been</c><00:17:52.480><c> closer</c><00:17:52.750><c> to</c><00:17:53.140><c> a</c><00:17:53.280><c> potential</c><00:17:54.280><c> heart</c>

00:17:54.600 --> 00:17:54.610 align:start position:0%
ever been closer to a potential heart
 

00:17:54.610 --> 00:17:55.020 align:start position:0%
ever been closer to a potential heart
Fork

00:17:55.020 --> 00:17:55.030 align:start position:0%
Fork
 

00:17:55.030 --> 00:17:58.800 align:start position:0%
Fork
since<00:17:55.720><c> 2016</c><00:17:56.560><c> so</c><00:17:57.130><c> I</c><00:17:57.490><c> would</c><00:17:58.210><c> like</c><00:17:58.330><c> to</c><00:17:58.390><c> see</c><00:17:58.690><c> what</c>

00:17:58.800 --> 00:17:58.810 align:start position:0%
since 2016 so I would like to see what
 

00:17:58.810 --> 00:18:03.030 align:start position:0%
since 2016 so I would like to see what
you<00:17:58.930><c> think</c><00:17:59.140><c> about</c><00:17:59.260><c> it</c><00:17:59.530><c> I</c><00:18:00.330><c> think</c><00:18:01.330><c> prog</c><00:18:01.600><c> POW</c><00:18:02.040><c> is</c>

00:18:03.030 --> 00:18:03.040 align:start position:0%
you think about it I think prog POW is
 

00:18:03.040 --> 00:18:05.430 align:start position:0%
you think about it I think prog POW is
really<00:18:03.400><c> important</c><00:18:04.090><c> as</c><00:18:04.330><c> an</c><00:18:04.900><c> issue</c><00:18:05.050><c> that</c><00:18:05.320><c> we</c>

00:18:05.430 --> 00:18:05.440 align:start position:0%
really important as an issue that we
 

00:18:05.440 --> 00:18:08.670 align:start position:0%
really important as an issue that we
need<00:18:05.560><c> to</c><00:18:05.650><c> decide</c><00:18:06.900><c> not</c><00:18:07.900><c> important</c><00:18:08.320><c> in</c><00:18:08.410><c> itself</c>

00:18:08.670 --> 00:18:08.680 align:start position:0%
need to decide not important in itself
 

00:18:08.680 --> 00:18:10.620 align:start position:0%
need to decide not important in itself
necessarily<00:18:09.400><c> I</c><00:18:09.430><c> am</c><00:18:09.640><c> NOT</c><00:18:09.820><c> taking</c><00:18:10.000><c> a</c><00:18:10.210><c> position</c>

00:18:10.620 --> 00:18:10.630 align:start position:0%
necessarily I am NOT taking a position
 

00:18:10.630 --> 00:18:13.410 align:start position:0%
necessarily I am NOT taking a position
but<00:18:11.350><c> I'll</c><00:18:12.130><c> say</c><00:18:12.430><c> that</c><00:18:12.730><c> because</c><00:18:13.060><c> of</c><00:18:13.300><c> the</c>

00:18:13.410 --> 00:18:13.420 align:start position:0%
but I'll say that because of the
 

00:18:13.420 --> 00:18:16.170 align:start position:0%
but I'll say that because of the
politics<00:18:14.020><c> around</c><00:18:14.230><c> it</c><00:18:14.680><c> it</c><00:18:15.310><c> makes</c><00:18:15.850><c> it</c><00:18:16.030><c> really</c>

00:18:16.170 --> 00:18:16.180 align:start position:0%
politics around it it makes it really
 

00:18:16.180 --> 00:18:18.620 align:start position:0%
politics around it it makes it really
challenging<00:18:16.900><c> because</c><00:18:17.020><c> on</c><00:18:17.290><c> one</c><00:18:17.500><c> side</c><00:18:17.800><c> you</c><00:18:18.070><c> have</c>

00:18:18.620 --> 00:18:18.630 align:start position:0%
challenging because on one side you have
 

00:18:18.630 --> 00:18:21.420 align:start position:0%
challenging because on one side you have
you<00:18:19.630><c> know</c><00:18:19.720><c> the</c><00:18:19.870><c> people</c><00:18:20.200><c> like</c><00:18:20.590><c> ASIC</c>

00:18:21.420 --> 00:18:21.430 align:start position:0%
you know the people like ASIC
 

00:18:21.430 --> 00:18:23.400 align:start position:0%
you know the people like ASIC
manufacturers<00:18:22.210><c> and</c><00:18:22.540><c> users</c><00:18:22.570><c> and</c><00:18:23.260><c> some</c>

00:18:23.400 --> 00:18:23.410 align:start position:0%
manufacturers and users and some
 

00:18:23.410 --> 00:18:25.830 align:start position:0%
manufacturers and users and some
investors<00:18:23.860><c> and</c><00:18:24.040><c> stuff</c><00:18:24.250><c> like</c><00:18:24.400><c> that</c><00:18:24.670><c> who</c><00:18:25.210><c> say</c><00:18:25.420><c> we</c>

00:18:25.830 --> 00:18:25.840 align:start position:0%
investors and stuff like that who say we
 

00:18:25.840 --> 00:18:27.240 align:start position:0%
investors and stuff like that who say we
don't<00:18:25.990><c> need</c><00:18:26.230><c> it</c><00:18:26.410><c> the</c><00:18:26.560><c> threat</c><00:18:26.800><c> isn't</c><00:18:26.980><c> big</c>

00:18:27.240 --> 00:18:27.250 align:start position:0%
don't need it the threat isn't big
 

00:18:27.250 --> 00:18:30.210 align:start position:0%
don't need it the threat isn't big
enough<00:18:27.370><c> or</c><00:18:28.110><c> you</c><00:18:29.110><c> know</c><00:18:29.230><c> the</c><00:18:29.530><c> people</c><00:18:29.830><c> who</c><00:18:29.860><c> made</c>

00:18:30.210 --> 00:18:30.220 align:start position:0%
enough or you know the people who made
 

00:18:30.220 --> 00:18:32.550 align:start position:0%
enough or you know the people who made
it<00:18:30.430><c> are</c><00:18:30.520><c> unknown</c><00:18:31.060><c> and</c><00:18:31.450><c> that's</c><00:18:31.600><c> scary</c><00:18:32.080><c> and</c>

00:18:32.550 --> 00:18:32.560 align:start position:0%
it are unknown and that's scary and
 

00:18:32.560 --> 00:18:35.010 align:start position:0%
it are unknown and that's scary and
things<00:18:32.980><c> like</c><00:18:33.160><c> that</c><00:18:33.660><c> and</c><00:18:34.660><c> then</c><00:18:34.780><c> on</c><00:18:34.870><c> the</c><00:18:34.990><c> other</c>

00:18:35.010 --> 00:18:35.020 align:start position:0%
things like that and then on the other
 

00:18:35.020 --> 00:18:37.260 align:start position:0%
things like that and then on the other
side<00:18:35.170><c> you</c><00:18:35.650><c> have</c><00:18:36.130><c> the</c><00:18:36.160><c> GPU</c><00:18:36.670><c> miners</c><00:18:37.060><c> and</c><00:18:37.180><c> the</c>

00:18:37.260 --> 00:18:37.270 align:start position:0%
side you have the GPU miners and the
 

00:18:37.270 --> 00:18:38.910 align:start position:0%
side you have the GPU miners and the
mining<00:18:37.600><c> pool</c><00:18:37.780><c> saying</c><00:18:38.080><c> we</c><00:18:38.320><c> need</c><00:18:38.590><c> this</c>

00:18:38.910 --> 00:18:38.920 align:start position:0%
mining pool saying we need this
 

00:18:38.920 --> 00:18:41.280 align:start position:0%
mining pool saying we need this
otherwise<00:18:39.880><c> we're</c><00:18:40.570><c> gonna</c><00:18:40.630><c> go</c><00:18:40.840><c> under</c><00:18:41.020><c> and</c>

00:18:41.280 --> 00:18:41.290 align:start position:0%
otherwise we're gonna go under and
 

00:18:41.290 --> 00:18:43.980 align:start position:0%
otherwise we're gonna go under and
you're<00:18:41.770><c> going</c><00:18:42.610><c> against</c><00:18:43.060><c> the</c><00:18:43.210><c> promise</c><00:18:43.720><c> that</c>

00:18:43.980 --> 00:18:43.990 align:start position:0%
you're going against the promise that
 

00:18:43.990 --> 00:18:46.080 align:start position:0%
you're going against the promise that
you<00:18:44.410><c> made</c><00:18:44.440><c> in</c><00:18:44.740><c> the</c><00:18:44.830><c> white</c><00:18:45.010><c> paper</c><00:18:45.280><c> according</c><00:18:45.970><c> to</c>

00:18:46.080 --> 00:18:46.090 align:start position:0%
you made in the white paper according to
 

00:18:46.090 --> 00:18:49.860 align:start position:0%
you made in the white paper according to
them<00:18:46.270><c> that</c><00:18:46.860><c> that</c><00:18:48.030><c> there</c><00:18:49.030><c> would</c><00:18:49.420><c> not</c><00:18:49.630><c> be</c><00:18:49.690><c> a</c>

00:18:49.860 --> 00:18:49.870 align:start position:0%
them that that there would not be a
 

00:18:49.870 --> 00:18:53.250 align:start position:0%
them that that there would not be a
sakra<00:18:50.380><c> xizt</c><00:18:50.590><c> insanity</c><00:18:51.430><c> reom</c><00:18:51.640><c> so</c><00:18:52.510><c> and</c><00:18:53.020><c> then</c>

00:18:53.250 --> 00:18:53.260 align:start position:0%
sakra xizt insanity reom so and then
 

00:18:53.260 --> 00:18:56.340 align:start position:0%
sakra xizt insanity reom so and then
there's<00:18:53.470><c> many</c><00:18:53.920><c> many</c><00:18:54.160><c> other</c><00:18:55.230><c> arguments</c><00:18:56.230><c> I'm</c>

00:18:56.340 --> 00:18:56.350 align:start position:0%
there's many many other arguments I'm
 

00:18:56.350 --> 00:18:58.890 align:start position:0%
there's many many other arguments I'm
actually<00:18:56.710><c> post</c><00:18:57.550><c> Devcon</c><00:18:58.060><c> going</c><00:18:58.480><c> to</c><00:18:58.690><c> make</c><00:18:58.870><c> a</c>

00:18:58.890 --> 00:18:58.900 align:start position:0%
actually post Devcon going to make a
 

00:18:58.900 --> 00:19:01.590 align:start position:0%
actually post Devcon going to make a
large<00:18:59.380><c> blog</c><00:18:59.830><c> post</c><00:19:00.160><c> reddit</c><00:19:00.520><c> post</c><00:19:00.730><c> etc</c><00:19:01.330><c> with</c>

00:19:01.590 --> 00:19:01.600 align:start position:0%
large blog post reddit post etc with
 

00:19:01.600 --> 00:19:02.730 align:start position:0%
large blog post reddit post etc with
everybody's<00:19:02.080><c> arguments</c><00:19:02.650><c> and</c>

00:19:02.730 --> 00:19:02.740 align:start position:0%
everybody's arguments and
 

00:19:02.740 --> 00:19:04.950 align:start position:0%
everybody's arguments and
counter-arguments<00:19:03.370><c> so</c><00:19:04.240><c> the</c><00:19:04.420><c> community</c><00:19:04.930><c> can</c>

00:19:04.950 --> 00:19:04.960 align:start position:0%
counter-arguments so the community can
 

00:19:04.960 --> 00:19:07.560 align:start position:0%
counter-arguments so the community can
get<00:19:05.110><c> a</c><00:19:05.170><c> better</c><00:19:05.350><c> idea</c><00:19:05.560><c> of</c><00:19:05.920><c> where</c><00:19:06.790><c> everybody</c>

00:19:07.560 --> 00:19:07.570 align:start position:0%
get a better idea of where everybody
 

00:19:07.570 --> 00:19:10.740 align:start position:0%
get a better idea of where everybody
stands<00:19:07.990><c> on</c><00:19:08.230><c> that</c><00:19:08.410><c> from</c><00:19:08.650><c> each</c><00:19:08.740><c> side</c><00:19:09.630><c> that's</c><00:19:10.630><c> on</c>

00:19:10.740 --> 00:19:10.750 align:start position:0%
stands on that from each side that's on
 

00:19:10.750 --> 00:19:13.650 align:start position:0%
stands on that from each side that's on
my<00:19:10.900><c> to-do</c><00:19:11.200><c> list</c><00:19:11.230><c> and</c><00:19:11.710><c> it's</c><00:19:12.700><c> nearing</c><00:19:13.300><c> the</c><00:19:13.390><c> front</c>

00:19:13.650 --> 00:19:13.660 align:start position:0%
my to-do list and it's nearing the front
 

00:19:13.660 --> 00:19:16.440 align:start position:0%
my to-do list and it's nearing the front
of<00:19:13.780><c> it</c><00:19:13.930><c> so</c><00:19:14.380><c> that'll</c><00:19:15.370><c> happen</c><00:19:15.640><c> hopefully</c><00:19:15.970><c> before</c>

00:19:16.440 --> 00:19:16.450 align:start position:0%
of it so that'll happen hopefully before
 

00:19:16.450 --> 00:19:20.100 align:start position:0%
of it so that'll happen hopefully before
November<00:19:17.370><c> and</c><00:19:18.370><c> other</c><00:19:19.060><c> than</c><00:19:19.270><c> that</c><00:19:19.390><c> I</c><00:19:19.540><c> do</c><00:19:19.780><c> want</c>

00:19:20.100 --> 00:19:20.110 align:start position:0%
November and other than that I do want
 

00:19:20.110 --> 00:19:21.870 align:start position:0%
November and other than that I do want
to<00:19:20.140><c> kind</c><00:19:20.290><c> of</c><00:19:20.410><c> hear</c><00:19:20.680><c> the</c><00:19:20.830><c> perspective</c><00:19:21.340><c> of</c><00:19:21.490><c> some</c>

00:19:21.870 --> 00:19:21.880 align:start position:0%
to kind of hear the perspective of some
 

00:19:21.880 --> 00:19:23.190 align:start position:0%
to kind of hear the perspective of some
of<00:19:21.970><c> the</c><00:19:22.030><c> core</c><00:19:22.240><c> devs</c><00:19:22.480><c> because</c><00:19:22.750><c> there</c><00:19:22.900><c> you're</c>

00:19:23.190 --> 00:19:23.200 align:start position:0%
of the core devs because there you're
 

00:19:23.200 --> 00:19:25.160 align:start position:0%
of the core devs because there you're
right<00:19:23.380><c> there</c><00:19:23.590><c> are</c><00:19:23.620><c> core</c><00:19:24.040><c> devs</c><00:19:24.250><c> who</c><00:19:24.520><c> are</c>

00:19:25.160 --> 00:19:25.170 align:start position:0%
right there are core devs who are
 

00:19:25.170 --> 00:19:27.210 align:start position:0%
right there are core devs who are
supporting<00:19:26.170><c> prog</c><00:19:26.440><c> pal</c>

00:19:27.210 --> 00:19:27.220 align:start position:0%
supporting prog pal
 

00:19:27.220 --> 00:19:28.680 align:start position:0%
supporting prog pal
from<00:19:27.520><c> their</c><00:19:27.670><c> perspective</c><00:19:27.790><c> whether</c><00:19:28.480><c> its</c>

00:19:28.680 --> 00:19:28.690 align:start position:0%
from their perspective whether its
 

00:19:28.690 --> 00:19:31.290 align:start position:0%
from their perspective whether its
technical<00:19:29.110><c> political</c><00:19:29.620><c> or</c><00:19:29.740><c> both</c><00:19:29.950><c> and</c><00:19:30.300><c> that's</c>

00:19:31.290 --> 00:19:31.300 align:start position:0%
technical political or both and that's
 

00:19:31.300 --> 00:19:34.470 align:start position:0%
technical political or both and that's
another<00:19:31.540><c> divide</c><00:19:31.930><c> that's</c><00:19:32.170><c> very</c><00:19:33.360><c> that's</c><00:19:34.360><c> very</c>

00:19:34.470 --> 00:19:34.480 align:start position:0%
another divide that's very that's very
 

00:19:34.480 --> 00:19:36.270 align:start position:0%
another divide that's very that's very
naturally<00:19:35.290><c> occurring</c><00:19:35.740><c> is</c><00:19:35.860><c> you</c><00:19:36.010><c> have</c><00:19:36.130><c> this</c>

00:19:36.270 --> 00:19:36.280 align:start position:0%
naturally occurring is you have this
 

00:19:36.280 --> 00:19:37.920 align:start position:0%
naturally occurring is you have this
technical<00:19:36.760><c> perspective</c><00:19:37.030><c> where</c><00:19:37.450><c> we</c><00:19:37.480><c> had</c><00:19:37.690><c> two</c>

00:19:37.920 --> 00:19:37.930 align:start position:0%
technical perspective where we had two
 

00:19:37.930 --> 00:19:39.390 align:start position:0%
technical perspective where we had two
audits<00:19:38.320><c> done</c><00:19:38.410><c> a</c><00:19:38.590><c> hardware</c><00:19:39.220><c> and</c><00:19:39.340><c> a</c><00:19:39.370><c> software</c>

00:19:39.390 --> 00:19:39.400 align:start position:0%
audits done a hardware and a software
 

00:19:39.400 --> 00:19:41.970 align:start position:0%
audits done a hardware and a software
audit<00:19:40.090><c> that</c><00:19:40.570><c> basically</c><00:19:40.990><c> cleared</c><00:19:41.440><c> prog</c><00:19:41.680><c> Pao</c><00:19:41.950><c> is</c>

00:19:41.970 --> 00:19:41.980 align:start position:0%
audit that basically cleared prog Pao is
 

00:19:41.980 --> 00:19:43.800 align:start position:0%
audit that basically cleared prog Pao is
something<00:19:42.520><c> that</c><00:19:42.640><c> wasn't</c><00:19:42.820><c> super</c><00:19:43.240><c> fishy</c><00:19:43.480><c> and</c>

00:19:43.800 --> 00:19:43.810 align:start position:0%
something that wasn't super fishy and
 

00:19:43.810 --> 00:19:47.040 align:start position:0%
something that wasn't super fishy and
then<00:19:44.470><c> you</c><00:19:44.650><c> have</c><00:19:44.860><c> and</c><00:19:45.820><c> then</c><00:19:45.850><c> you</c><00:19:46.600><c> so</c><00:19:46.870><c> you</c><00:19:46.960><c> have</c>

00:19:47.040 --> 00:19:47.050 align:start position:0%
then you have and then you so you have
 

00:19:47.050 --> 00:19:48.420 align:start position:0%
then you have and then you so you have
the<00:19:47.140><c> technical</c><00:19:47.380><c> perspective</c><00:19:47.620><c> of</c><00:19:47.920><c> it's</c><00:19:48.160><c> good</c>

00:19:48.420 --> 00:19:48.430 align:start position:0%
the technical perspective of it's good
 

00:19:48.430 --> 00:19:50.370 align:start position:0%
the technical perspective of it's good
we've<00:19:48.730><c> implemented</c><00:19:49.180><c> it</c><00:19:49.390><c> it'll</c><00:19:49.600><c> take</c><00:19:49.780><c> two</c><00:19:50.050><c> to</c>

00:19:50.370 --> 00:19:50.380 align:start position:0%
we've implemented it it'll take two to
 

00:19:50.380 --> 00:19:51.660 align:start position:0%
we've implemented it it'll take two to
four<00:19:50.620><c> weeks</c><00:19:50.650><c> for</c><00:19:50.920><c> the</c><00:19:51.100><c> other</c><00:19:51.220><c> clients</c><00:19:51.640><c> to</c>

00:19:51.660 --> 00:19:51.670 align:start position:0%
four weeks for the other clients to
 

00:19:51.670 --> 00:19:52.950 align:start position:0%
four weeks for the other clients to
implement<00:19:52.060><c> it</c><00:19:52.120><c> we're</c><00:19:52.240><c> good</c><00:19:52.390><c> to</c><00:19:52.510><c> go</c><00:19:52.540><c> and</c><00:19:52.660><c> then</c>

00:19:52.950 --> 00:19:52.960 align:start position:0%
implement it we're good to go and then
 

00:19:52.960 --> 00:19:55.830 align:start position:0%
implement it we're good to go and then
the<00:19:53.050><c> political</c><00:19:53.530><c> one</c><00:19:53.950><c> where</c><00:19:54.130><c> it's</c><00:19:54.250><c> like</c><00:19:54.840><c> you</c>

00:19:55.830 --> 00:19:55.840 align:start position:0%
the political one where it's like you
 

00:19:55.840 --> 00:19:59.030 align:start position:0%
the political one where it's like you
know<00:19:55.960><c> I</c><00:19:56.230><c> hate</c><00:19:56.740><c> Christie</c><00:19:57.220><c> Christie's</c><00:19:57.820><c> bad</c>

00:19:59.030 --> 00:19:59.040 align:start position:0%
know I hate Christie Christie's bad
 

00:19:59.040 --> 00:20:02.430 align:start position:0%
know I hate Christie Christie's bad
Christie<00:20:00.040><c> lied</c><00:20:00.250><c> all</c><00:20:00.910><c> this</c><00:20:01.090><c> other</c><00:20:01.240><c> stuff</c><00:20:01.440><c> with</c>

00:20:02.430 --> 00:20:02.440 align:start position:0%
Christie lied all this other stuff with
 

00:20:02.440 --> 00:20:05.430 align:start position:0%
Christie lied all this other stuff with
coarse<00:20:02.680><c> scientific</c><00:20:03.400><c> and</c><00:20:03.840><c> the</c><00:20:04.840><c> people</c><00:20:05.230><c> who</c><00:20:05.350><c> are</c>

00:20:05.430 --> 00:20:05.440 align:start position:0%
coarse scientific and the people who are
 

00:20:05.440 --> 00:20:07.200 align:start position:0%
coarse scientific and the people who are
anonymously<00:20:05.980><c> developing</c><00:20:06.550><c> it</c><00:20:06.670><c> so</c><00:20:06.910><c> a</c><00:20:06.940><c> long</c>

00:20:07.200 --> 00:20:07.210 align:start position:0%
anonymously developing it so a long
 

00:20:07.210 --> 00:20:09.780 align:start position:0%
anonymously developing it so a long
story<00:20:07.510><c> short</c><00:20:07.870><c> a</c><00:20:08.410><c> lot</c><00:20:08.860><c> of</c><00:20:09.010><c> politics</c><00:20:09.460><c> involved</c>

00:20:09.780 --> 00:20:09.790 align:start position:0%
story short a lot of politics involved
 

00:20:09.790 --> 00:20:11.670 align:start position:0%
story short a lot of politics involved
there's<00:20:10.300><c> technical</c><00:20:10.810><c> versus</c><00:20:11.110><c> non</c><00:20:11.290><c> technical</c>

00:20:11.670 --> 00:20:11.680 align:start position:0%
there's technical versus non technical
 

00:20:11.680 --> 00:20:14.010 align:start position:0%
there's technical versus non technical
arguments<00:20:12.430><c> and</c><00:20:12.640><c> there</c><00:20:13.150><c> is</c><00:20:13.300><c> a</c><00:20:13.330><c> division</c><00:20:13.690><c> that</c>

00:20:14.010 --> 00:20:14.020 align:start position:0%
arguments and there is a division that
 

00:20:14.020 --> 00:20:16.110 align:start position:0%
arguments and there is a division that
needs<00:20:14.230><c> to</c><00:20:14.380><c> be</c><00:20:14.530><c> figured</c><00:20:15.220><c> out</c><00:20:15.430><c> in</c><00:20:15.670><c> a</c><00:20:15.790><c> rough</c>

00:20:16.110 --> 00:20:16.120 align:start position:0%
needs to be figured out in a rough
 

00:20:16.120 --> 00:20:24.060 align:start position:0%
needs to be figured out in a rough
consensus<00:20:16.690><c> style</c><00:20:16.960><c> way</c><00:20:20.790><c> yeah</c><00:20:21.790><c> I</c><00:20:22.030><c> am</c><00:20:23.070><c> personally</c>

00:20:24.060 --> 00:20:24.070 align:start position:0%
consensus style way yeah I am personally
 

00:20:24.070 --> 00:20:26.220 align:start position:0%
consensus style way yeah I am personally
I<00:20:24.100><c> kind</c><00:20:24.640><c> of</c><00:20:24.760><c> cooled</c><00:20:25.060><c> down</c><00:20:25.240><c> quite</c><00:20:25.600><c> a</c><00:20:25.630><c> lot</c><00:20:25.960><c> on</c>

00:20:26.220 --> 00:20:26.230 align:start position:0%
I kind of cooled down quite a lot on
 

00:20:26.230 --> 00:20:29.100 align:start position:0%
I kind of cooled down quite a lot on
this<00:20:26.590><c> particular</c><00:20:27.130><c> issue</c><00:20:27.490><c> or</c><00:20:27.850><c> last</c><00:20:28.330><c> few</c><00:20:28.840><c> months</c>

00:20:29.100 --> 00:20:29.110 align:start position:0%
this particular issue or last few months
 

00:20:29.110 --> 00:20:32.640 align:start position:0%
this particular issue or last few months
I<00:20:29.320><c> did</c><00:20:30.190><c> see</c><00:20:30.400><c> a</c><00:20:30.430><c> lot</c><00:20:30.610><c> of</c><00:20:30.870><c> you</c><00:20:31.870><c> know</c><00:20:31.900><c> discussions</c>

00:20:32.640 --> 00:20:32.650 align:start position:0%
I did see a lot of you know discussions
 

00:20:32.650 --> 00:20:35.400 align:start position:0%
I did see a lot of you know discussions
a<00:20:32.830><c> lot</c><00:20:32.950><c> of</c><00:20:33.100><c> people</c><00:20:33.480><c> getting</c><00:20:34.480><c> I</c><00:20:34.840><c> hope</c><00:20:35.200><c> they're</c>

00:20:35.400 --> 00:20:35.410 align:start position:0%
a lot of people getting I hope they're
 

00:20:35.410 --> 00:20:37.860 align:start position:0%
a lot of people getting I hope they're
getting<00:20:35.650><c> more</c><00:20:35.800><c> informed</c><00:20:36.280><c> about</c><00:20:36.370><c> this</c><00:20:36.790><c> so</c><00:20:37.600><c> and</c>

00:20:37.860 --> 00:20:37.870 align:start position:0%
getting more informed about this so and
 

00:20:37.870 --> 00:20:39.630 align:start position:0%
getting more informed about this so and
I<00:20:37.990><c> really</c><00:20:38.020><c> welcome</c><00:20:38.620><c> the</c><00:20:38.890><c> audits</c><00:20:39.370><c> that</c>

00:20:39.630 --> 00:20:39.640 align:start position:0%
I really welcome the audits that
 

00:20:39.640 --> 00:20:41.600 align:start position:0%
I really welcome the audits that
happened<00:20:40.030><c> I</c><00:20:40.210><c> read</c><00:20:40.720><c> through</c><00:20:40.990><c> the</c><00:20:41.140><c> audit</c><00:20:41.380><c> report</c>

00:20:41.600 --> 00:20:41.610 align:start position:0%
happened I read through the audit report
 

00:20:41.610 --> 00:20:46.440 align:start position:0%
happened I read through the audit report
yeah<00:20:42.610><c> I</c><00:20:42.640><c> mean</c><00:20:42.880><c> I</c><00:20:43.500><c> I</c><00:20:44.500><c> sort</c><00:20:45.220><c> of</c><00:20:45.310><c> had</c><00:20:45.730><c> my</c><00:20:45.940><c> opinions</c>

00:20:46.440 --> 00:20:46.450 align:start position:0%
yeah I mean I I sort of had my opinions
 

00:20:46.450 --> 00:20:48.960 align:start position:0%
yeah I mean I I sort of had my opinions
I<00:20:46.660><c> put</c><00:20:47.140><c> them</c><00:20:47.350><c> out</c><00:20:47.440><c> there</c><00:20:47.500><c> and</c><00:20:47.950><c> I'm</c><00:20:48.220><c> happy</c><00:20:48.940><c> that</c>

00:20:48.960 --> 00:20:48.970 align:start position:0%
I put them out there and I'm happy that
 

00:20:48.970 --> 00:20:52.530 align:start position:0%
I put them out there and I'm happy that
you<00:20:49.750><c> know</c><00:20:49.780><c> people</c><00:20:50.230><c> were</c><00:20:50.650><c> listening</c><00:20:51.130><c> and</c><00:20:51.730><c> there</c>

00:20:52.530 --> 00:20:52.540 align:start position:0%
you know people were listening and there
 

00:20:52.540 --> 00:20:55.020 align:start position:0%
you know people were listening and there
was<00:20:52.720><c> a</c><00:20:52.750><c> discussion</c><00:20:53.320><c> going</c><00:20:53.680><c> on</c><00:20:53.920><c> and</c><00:20:54.610><c> at</c><00:20:54.910><c> the</c>

00:20:55.020 --> 00:20:55.030 align:start position:0%
was a discussion going on and at the
 

00:20:55.030 --> 00:20:57.510 align:start position:0%
was a discussion going on and at the
mall<00:20:55.150><c> at</c><00:20:55.330><c> this</c><00:20:55.510><c> moment</c><00:20:55.690><c> I'm</c><00:20:56.050><c> you</c><00:20:56.830><c> know</c><00:20:56.950><c> I'll</c><00:20:57.310><c> be</c>

00:20:57.510 --> 00:20:57.520 align:start position:0%
mall at this moment I'm you know I'll be
 

00:20:57.520 --> 00:21:00.480 align:start position:0%
mall at this moment I'm you know I'll be
okay<00:20:57.550><c> if</c><00:20:58.090><c> it</c><00:20:58.240><c> gets</c><00:20:58.480><c> implemented</c><00:20:59.280><c> rolled</c><00:21:00.280><c> out</c>

00:21:00.480 --> 00:21:00.490 align:start position:0%
okay if it gets implemented rolled out
 

00:21:00.490 --> 00:21:03.840 align:start position:0%
okay if it gets implemented rolled out
and<00:21:01.000><c> I'm</c><00:21:01.360><c> gonna</c><00:21:01.540><c> be</c><00:21:01.720><c> okay</c><00:21:01.750><c> if</c><00:21:02.110><c> it</c><00:21:02.260><c> doesn't</c><00:21:02.850><c> so</c>

00:21:03.840 --> 00:21:03.850 align:start position:0%
and I'm gonna be okay if it doesn't so
 

00:21:03.850 --> 00:21:07.190 align:start position:0%
and I'm gonna be okay if it doesn't so
I'm<00:21:04.150><c> not</c><00:21:04.330><c> really</c><00:21:04.840><c> going</c><00:21:05.200><c> to</c><00:21:05.290><c> worry</c><00:21:05.920><c> about</c><00:21:06.070><c> this</c>

00:21:07.190 --> 00:21:07.200 align:start position:0%
I'm not really going to worry about this
 

00:21:07.200 --> 00:21:11.310 align:start position:0%
I'm not really going to worry about this
so<00:21:08.520><c> if</c><00:21:09.520><c> I'm</c><00:21:09.760><c> basically</c><00:21:10.510><c> something</c><00:21:10.930><c> that</c><00:21:11.110><c> I've</c>

00:21:11.310 --> 00:21:11.320 align:start position:0%
so if I'm basically something that I've
 

00:21:11.320 --> 00:21:13.200 align:start position:0%
so if I'm basically something that I've
said<00:21:11.590><c> before</c><00:21:11.740><c> if</c><00:21:12.190><c> I</c><00:21:12.340><c> turned</c><00:21:12.610><c> out</c><00:21:12.760><c> to</c><00:21:12.790><c> be</c><00:21:13.030><c> wrong</c>

00:21:13.200 --> 00:21:13.210 align:start position:0%
said before if I turned out to be wrong
 

00:21:13.210 --> 00:21:17.460 align:start position:0%
said before if I turned out to be wrong
that<00:21:13.600><c> that's</c><00:21:13.960><c> fine</c><00:21:14.230><c> you</c><00:21:14.470><c> know</c><00:21:15.720><c> yeah</c><00:21:16.720><c> just</c><00:21:16.930><c> kind</c>

00:21:17.460 --> 00:21:17.470 align:start position:0%
that that's fine you know yeah just kind
 

00:21:17.470 --> 00:21:19.770 align:start position:0%
that that's fine you know yeah just kind
of<00:21:17.560><c> moved</c><00:21:17.770><c> on</c><00:21:17.920><c> so</c><00:21:18.610><c> I</c><00:21:18.640><c> think</c><00:21:18.910><c> it's</c><00:21:19.180><c> made</c><00:21:19.450><c> a</c><00:21:19.480><c> good</c>

00:21:19.770 --> 00:21:19.780 align:start position:0%
of moved on so I think it's made a good
 

00:21:19.780 --> 00:21:28.370 align:start position:0%
of moved on so I think it's made a good
progress<00:21:20.020><c> recently</c>

00:21:28.370 --> 00:21:28.380 align:start position:0%
 
 

00:21:28.380 --> 00:21:31.890 align:start position:0%
 
yes<00:21:29.380><c> I'm</c><00:21:29.620><c> one</c><00:21:30.370><c> of</c><00:21:30.490><c> the</c><00:21:30.640><c> core</c><00:21:31.210><c> developers</c><00:21:31.660><c> or</c>

00:21:31.890 --> 00:21:31.900 align:start position:0%
yes I'm one of the core developers or
 

00:21:31.900 --> 00:21:35.640 align:start position:0%
yes I'm one of the core developers or
pro<00:21:32.500><c> rock</c><00:21:32.920><c> pal</c><00:21:33.210><c> and</c><00:21:34.210><c> I've</c><00:21:34.330><c> written</c><00:21:34.510><c> down</c><00:21:35.080><c> my</c>

00:21:35.640 --> 00:21:35.650 align:start position:0%
pro rock pal and I've written down my
 

00:21:35.650 --> 00:21:39.000 align:start position:0%
pro rock pal and I've written down my
reasons<00:21:36.040><c> why</c><00:21:36.190><c> I</c><00:21:36.220><c> believe</c><00:21:36.790><c> rock</c><00:21:37.150><c> pop</c><00:21:37.740><c> is</c><00:21:38.740><c> the</c>

00:21:39.000 --> 00:21:39.010 align:start position:0%
reasons why I believe rock pop is the
 

00:21:39.010 --> 00:21:43.410 align:start position:0%
reasons why I believe rock pop is the
right<00:21:39.310><c> way</c><00:21:39.550><c> forward</c><00:21:41.400><c> the</c><00:21:42.400><c> way</c><00:21:42.520><c> I</c><00:21:42.550><c> see</c><00:21:42.910><c> it</c><00:21:42.940><c> I</c>

00:21:43.410 --> 00:21:43.420 align:start position:0%
right way forward the way I see it I
 

00:21:43.420 --> 00:21:47.310 align:start position:0%
right way forward the way I see it I
think<00:21:44.380><c> there's</c><00:21:44.560><c> very</c><00:21:44.980><c> loud</c><00:21:45.750><c> what</c><00:21:46.750><c> I</c><00:21:46.780><c> perceive</c>

00:21:47.310 --> 00:21:47.320 align:start position:0%
think there's very loud what I perceive
 

00:21:47.320 --> 00:21:51.570 align:start position:0%
think there's very loud what I perceive
is<00:21:47.470><c> a</c><00:21:47.500><c> very</c><00:21:47.860><c> loud</c><00:21:48.070><c> minority</c><00:21:48.760><c> who</c><00:21:49.830><c> is</c><00:21:50.830><c> extremely</c>

00:21:51.570 --> 00:21:51.580 align:start position:0%
is a very loud minority who is extremely
 

00:21:51.580 --> 00:21:54.240 align:start position:0%
is a very loud minority who is extremely
loud<00:21:51.760><c> and</c><00:21:52.090><c> spreading</c><00:21:52.720><c> a</c><00:21:52.750><c> lot</c><00:21:52.840><c> of</c><00:21:52.990><c> fear</c><00:21:53.230><c> and</c><00:21:54.010><c> I</c>

00:21:54.240 --> 00:21:54.250 align:start position:0%
loud and spreading a lot of fear and I
 

00:21:54.250 --> 00:21:56.660 align:start position:0%
loud and spreading a lot of fear and I
started<00:21:54.640><c> in</c><00:21:54.820><c> doubt</c><00:21:55.030><c> about</c><00:21:55.270><c> it</c>

00:21:56.660 --> 00:21:56.670 align:start position:0%
started in doubt about it
 

00:21:56.670 --> 00:22:02.190 align:start position:0%
started in doubt about it
and<00:21:57.670><c> in</c><00:21:58.330><c> my</c><00:21:58.950><c> view</c><00:21:59.950><c> there</c><00:22:00.700><c> has</c><00:22:00.970><c> been</c><00:22:01.330><c> signaling</c>

00:22:02.190 --> 00:22:02.200 align:start position:0%
and in my view there has been signaling
 

00:22:02.200 --> 00:22:05.610 align:start position:0%
and in my view there has been signaling
taken<00:22:02.770><c> from</c><00:22:03.460><c> the</c><00:22:03.610><c> community</c><00:22:04.320><c> there</c><00:22:05.320><c> has</c><00:22:05.350><c> been</c>

00:22:05.610 --> 00:22:05.620 align:start position:0%
taken from the community there has been
 

00:22:05.620 --> 00:22:07.620 align:start position:0%
taken from the community there has been
coined<00:22:05.830><c> about</c><00:22:06.130><c> there's</c><00:22:06.490><c> been</c><00:22:06.670><c> mining</c><00:22:07.090><c> votes</c>

00:22:07.620 --> 00:22:07.630 align:start position:0%
coined about there's been mining votes
 

00:22:07.630 --> 00:22:12.630 align:start position:0%
coined about there's been mining votes
and<00:22:07.960><c> etc</c><00:22:08.170><c> etc</c><00:22:08.760><c> so</c><00:22:09.760><c> I</c><00:22:09.790><c> feel</c><00:22:10.240><c> it</c><00:22:10.690><c> has</c><00:22:11.020><c> been</c><00:22:11.640><c> kind</c>

00:22:12.630 --> 00:22:12.640 align:start position:0%
and etc etc so I feel it has been kind
 

00:22:12.640 --> 00:22:19.080 align:start position:0%
and etc etc so I feel it has been kind
of<00:22:14.700><c> there</c><00:22:15.700><c> has</c><00:22:15.820><c> been</c><00:22:16.270><c> shown</c><00:22:16.690><c> a</c><00:22:17.640><c> great</c><00:22:18.640><c> support</c>

00:22:19.080 --> 00:22:19.090 align:start position:0%
of there has been shown a great support
 

00:22:19.090 --> 00:22:23.730 align:start position:0%
of there has been shown a great support
in<00:22:19.210><c> the</c><00:22:19.330><c> community</c><00:22:21.420><c> and</c><00:22:22.420><c> I</c><00:22:22.900><c> don't</c><00:22:22.960><c> think</c><00:22:23.380><c> this</c>

00:22:23.730 --> 00:22:23.740 align:start position:0%
in the community and I don't think this
 

00:22:23.740 --> 00:22:26.040 align:start position:0%
in the community and I don't think this
situation<00:22:24.310><c> has</c><00:22:24.430><c> changed</c><00:22:24.460><c> from</c><00:22:25.390><c> six</c><00:22:25.960><c> months</c>

00:22:26.040 --> 00:22:26.050 align:start position:0%
situation has changed from six months
 

00:22:26.050 --> 00:22:28.070 align:start position:0%
situation has changed from six months
ago

00:22:28.070 --> 00:22:28.080 align:start position:0%
ago
 

00:22:28.080 --> 00:22:31.080 align:start position:0%
ago
except<00:22:29.080><c> that</c><00:22:29.170><c> at</c><00:22:29.920><c> this</c><00:22:30.220><c> point</c><00:22:30.490><c> in</c><00:22:30.640><c> time</c><00:22:30.820><c> there</c>

00:22:31.080 --> 00:22:31.090 align:start position:0%
except that at this point in time there
 

00:22:31.090 --> 00:22:34.800 align:start position:0%
except that at this point in time there
has<00:22:31.180><c> been</c><00:22:31.210><c> a</c><00:22:31.390><c> lot</c><00:22:31.570><c> more</c><00:22:32.730><c> yeah</c><00:22:33.730><c> a</c><00:22:34.030><c> lot</c><00:22:34.600><c> more</c>

00:22:34.800 --> 00:22:34.810 align:start position:0%
has been a lot more yeah a lot more
 

00:22:34.810 --> 00:22:37.470 align:start position:0%
has been a lot more yeah a lot more
churn<00:22:35.350><c> from</c><00:22:35.680><c> the</c><00:22:35.770><c> political</c><00:22:36.030><c> side</c><00:22:37.030><c> and</c><00:22:37.330><c> then</c>

00:22:37.470 --> 00:22:37.480 align:start position:0%
churn from the political side and then
 

00:22:37.480 --> 00:22:44.970 align:start position:0%
churn from the political side and then
the<00:22:38.910><c> fun</c><00:22:39.930><c> side</c><00:22:42.270><c> yeah</c><00:22:43.270><c> and</c><00:22:43.540><c> I</c><00:22:43.950><c> from</c><00:22:44.950><c> the</c>

00:22:44.970 --> 00:22:44.980 align:start position:0%
the fun side yeah and I from the
 

00:22:44.980 --> 00:22:47.700 align:start position:0%
the fun side yeah and I from the
political<00:22:45.310><c> side</c><00:22:45.760><c> I</c><00:22:46.060><c> would</c><00:22:46.150><c> say</c><00:22:46.540><c> that</c><00:22:46.840><c> one</c><00:22:47.170><c> area</c>

00:22:47.700 --> 00:22:47.710 align:start position:0%
political side I would say that one area
 

00:22:47.710 --> 00:22:50.610 align:start position:0%
political side I would say that one area
that<00:22:47.770><c> myself</c><00:22:48.670><c> that</c><00:22:49.510><c> I</c><00:22:49.570><c> fault</c><00:22:49.810><c> myself</c><00:22:49.990><c> on</c><00:22:50.440><c> and</c>

00:22:50.610 --> 00:22:50.620 align:start position:0%
that myself that I fault myself on and
 

00:22:50.620 --> 00:22:52.470 align:start position:0%
that myself that I fault myself on and
others<00:22:50.860><c> is</c><00:22:51.190><c> there</c><00:22:52.090><c> wasn't</c><00:22:52.240><c> enough</c>

00:22:52.470 --> 00:22:52.480 align:start position:0%
others is there wasn't enough
 

00:22:52.480 --> 00:22:54.210 align:start position:0%
others is there wasn't enough
communication<00:22:52.840><c> people</c><00:22:53.410><c> like</c><00:22:53.650><c> to</c><00:22:53.800><c> be</c><00:22:53.920><c> heard</c>

00:22:54.210 --> 00:22:54.220 align:start position:0%
communication people like to be heard
 

00:22:54.220 --> 00:22:56.490 align:start position:0%
communication people like to be heard
and<00:22:54.400><c> this</c><00:22:55.150><c> kind</c><00:22:55.420><c> of</c><00:22:55.450><c> got</c><00:22:55.630><c> sprung</c><00:22:55.930><c> on</c><00:22:56.110><c> people</c>

00:22:56.490 --> 00:22:56.500 align:start position:0%
and this kind of got sprung on people
 

00:22:56.500 --> 00:22:59.040 align:start position:0%
and this kind of got sprung on people
some<00:22:56.920><c> people</c><00:22:57.250><c> because</c><00:22:57.610><c> you</c><00:22:58.420><c> know</c><00:22:58.540><c> who's</c><00:22:58.870><c> gonna</c>

00:22:59.040 --> 00:22:59.050 align:start position:0%
some people because you know who's gonna
 

00:22:59.050 --> 00:23:00.690 align:start position:0%
some people because you know who's gonna
read<00:22:59.320><c> a</c><00:22:59.350><c> transcript</c><00:23:00.010><c> of</c><00:23:00.070><c> the</c><00:23:00.190><c> most</c><00:23:00.400><c> boring</c>

00:23:00.690 --> 00:23:00.700 align:start position:0%
read a transcript of the most boring
 

00:23:00.700 --> 00:23:03.660 align:start position:0%
read a transcript of the most boring
core<00:23:01.060><c> dev</c><00:23:01.270><c> meetings</c><00:23:01.720><c> every</c><00:23:02.050><c> other</c><00:23:02.170><c> week</c><00:23:02.670><c> I</c>

00:23:03.660 --> 00:23:03.670 align:start position:0%
core dev meetings every other week I
 

00:23:03.670 --> 00:23:05.100 align:start position:0%
core dev meetings every other week I
mean<00:23:04.000><c> it's</c><00:23:04.150><c> not</c><00:23:04.240><c> boring</c><00:23:04.510><c> to</c><00:23:04.600><c> everybody</c><00:23:04.960><c> but</c>

00:23:05.100 --> 00:23:05.110 align:start position:0%
mean it's not boring to everybody but
 

00:23:05.110 --> 00:23:06.720 align:start position:0%
mean it's not boring to everybody but
like<00:23:05.290><c> there's</c><00:23:05.500><c> a</c><00:23:05.590><c> lot</c><00:23:05.770><c> of</c><00:23:05.920><c> you</c><00:23:06.130><c> know</c><00:23:06.160><c> just</c><00:23:06.550><c> very</c>

00:23:06.720 --> 00:23:06.730 align:start position:0%
like there's a lot of you know just very
 

00:23:06.730 --> 00:23:08.730 align:start position:0%
like there's a lot of you know just very
deep<00:23:07.030><c> technical</c><00:23:07.360><c> topics</c><00:23:07.960><c> and</c><00:23:08.140><c> the</c><00:23:08.410><c> average</c>

00:23:08.730 --> 00:23:08.740 align:start position:0%
deep technical topics and the average
 

00:23:08.740 --> 00:23:11.010 align:start position:0%
deep technical topics and the average
person<00:23:09.130><c> isn't</c><00:23:09.280><c> gonna</c><00:23:09.430><c> you</c><00:23:09.850><c> know</c><00:23:09.970><c> realize</c><00:23:10.780><c> that</c>

00:23:11.010 --> 00:23:11.020 align:start position:0%
person isn't gonna you know realize that
 

00:23:11.020 --> 00:23:13.260 align:start position:0%
person isn't gonna you know realize that
so<00:23:11.200><c> got</c><00:23:12.010><c> sprung</c><00:23:12.280><c> on</c><00:23:12.460><c> a</c><00:23:12.490><c> lot</c><00:23:12.670><c> of</c><00:23:12.700><c> people</c><00:23:13.090><c> and</c>

00:23:13.260 --> 00:23:13.270 align:start position:0%
so got sprung on a lot of people and
 

00:23:13.270 --> 00:23:15.930 align:start position:0%
so got sprung on a lot of people and
that<00:23:13.720><c> was</c><00:23:14.050><c> a</c><00:23:14.110><c> communication</c><00:23:14.770><c> error</c><00:23:15.040><c> and</c><00:23:15.220><c> so</c>

00:23:15.930 --> 00:23:15.940 align:start position:0%
that was a communication error and so
 

00:23:15.940 --> 00:23:18.690 align:start position:0%
that was a communication error and so
because<00:23:16.390><c> of</c><00:23:16.540><c> that</c><00:23:16.570><c> now</c><00:23:17.070><c> people</c><00:23:18.070><c> are</c><00:23:18.190><c> upset</c>

00:23:18.690 --> 00:23:18.700 align:start position:0%
because of that now people are upset
 

00:23:18.700 --> 00:23:20.160 align:start position:0%
because of that now people are upset
because<00:23:18.880><c> they</c><00:23:19.270><c> felt</c><00:23:19.540><c> like</c><00:23:19.750><c> they're</c><00:23:19.960><c> not</c><00:23:20.110><c> being</c>

00:23:20.160 --> 00:23:20.170 align:start position:0%
because they felt like they're not being
 

00:23:20.170 --> 00:23:21.930 align:start position:0%
because they felt like they're not being
heard<00:23:20.410><c> now</c><00:23:20.740><c> they</c><00:23:21.040><c> weren't</c><00:23:21.310><c> being</c><00:23:21.430><c> heard</c><00:23:21.520><c> then</c>

00:23:21.930 --> 00:23:21.940 align:start position:0%
heard now they weren't being heard then
 

00:23:21.940 --> 00:23:23.610 align:start position:0%
heard now they weren't being heard then
when<00:23:22.180><c> they</c><00:23:22.330><c> felt</c><00:23:22.630><c> like</c><00:23:22.780><c> they</c><00:23:22.990><c> didn't</c><00:23:23.470><c> like</c>

00:23:23.610 --> 00:23:23.620 align:start position:0%
when they felt like they didn't like
 

00:23:23.620 --> 00:23:24.960 align:start position:0%
when they felt like they didn't like
Prague<00:23:23.890><c> town</c><00:23:24.100><c> they</c><00:23:24.280><c> thought</c><00:23:24.490><c> it</c><00:23:24.610><c> was</c><00:23:24.700><c> dead</c>

00:23:24.960 --> 00:23:24.970 align:start position:0%
Prague town they thought it was dead
 

00:23:24.970 --> 00:23:26.880 align:start position:0%
Prague town they thought it was dead
because<00:23:25.330><c> it</c><00:23:25.390><c> wasn't</c><00:23:25.780><c> getting</c><00:23:25.960><c> implemented</c><00:23:26.680><c> as</c>

00:23:26.880 --> 00:23:26.890 align:start position:0%
because it wasn't getting implemented as
 

00:23:26.890 --> 00:23:28.950 align:start position:0%
because it wasn't getting implemented as
quickly<00:23:27.190><c> cuz</c><00:23:27.550><c> this</c><00:23:27.640><c> has</c><00:23:27.790><c> been</c><00:23:27.970><c> on</c><00:23:28.240><c> the</c><00:23:28.810><c> radar</c>

00:23:28.950 --> 00:23:28.960 align:start position:0%
quickly cuz this has been on the radar
 

00:23:28.960 --> 00:23:31.920 align:start position:0%
quickly cuz this has been on the radar
for<00:23:29.170><c> how</c><00:23:29.890><c> many</c><00:23:30.120><c> since</c><00:23:31.120><c> last</c><00:23:31.420><c> don't</c><00:23:31.780><c> know</c>

00:23:31.920 --> 00:23:31.930 align:start position:0%
for how many since last don't know
 

00:23:31.930 --> 00:23:34.050 align:start position:0%
for how many since last don't know
before<00:23:32.080><c> last</c><00:23:32.440><c> DEFCON</c><00:23:32.920><c> so</c><00:23:33.160><c> since</c><00:23:33.430><c> March</c><00:23:33.820><c> of</c>

00:23:34.050 --> 00:23:34.060 align:start position:0%
before last DEFCON so since March of
 

00:23:34.060 --> 00:23:37.170 align:start position:0%
before last DEFCON so since March of
2018<00:23:35.010><c> Prague</c><00:23:36.010><c> POW</c><00:23:36.250><c> has</c><00:23:36.400><c> been</c><00:23:36.580><c> starting</c><00:23:37.000><c> to</c><00:23:37.090><c> be</c>

00:23:37.170 --> 00:23:37.180 align:start position:0%
2018 Prague POW has been starting to be
 

00:23:37.180 --> 00:23:37.980 align:start position:0%
2018 Prague POW has been starting to be
implemented<00:23:37.570><c> talk</c>

00:23:37.980 --> 00:23:37.990 align:start position:0%
implemented talk
 

00:23:37.990 --> 00:23:40.160 align:start position:0%
implemented talk
about<00:23:38.170><c> etcetera</c><00:23:38.679><c> so</c><00:23:38.950><c> it's</c><00:23:39.070><c> been</c><00:23:39.250><c> a</c><00:23:39.309><c> long</c><00:23:39.460><c> time</c>

00:23:40.160 --> 00:23:40.170 align:start position:0%
about etcetera so it's been a long time
 

00:23:40.170 --> 00:23:43.020 align:start position:0%
about etcetera so it's been a long time
so<00:23:41.170><c> I</c><00:23:41.200><c> think</c><00:23:41.530><c> if</c><00:23:41.890><c> we</c><00:23:41.980><c> can</c><00:23:42.190><c> have</c><00:23:42.580><c> people</c><00:23:42.910><c> be</c>

00:23:43.020 --> 00:23:43.030 align:start position:0%
so I think if we can have people be
 

00:23:43.030 --> 00:23:45.630 align:start position:0%
so I think if we can have people be
heard<00:23:43.270><c> that's</c><00:23:43.510><c> going</c><00:23:43.809><c> to</c><00:23:44.160><c> heal</c><00:23:45.160><c> a</c><00:23:45.190><c> lot</c><00:23:45.400><c> of</c><00:23:45.550><c> the</c>

00:23:45.630 --> 00:23:45.640 align:start position:0%
heard that's going to heal a lot of the
 

00:23:45.640 --> 00:23:47.430 align:start position:0%
heard that's going to heal a lot of the
wounds<00:23:46.059><c> and</c><00:23:46.300><c> start</c><00:23:46.690><c> to</c><00:23:46.780><c> get</c><00:23:46.870><c> us</c><00:23:46.990><c> more</c><00:23:47.140><c> toward</c><00:23:47.410><c> a</c>

00:23:47.430 --> 00:23:47.440 align:start position:0%
wounds and start to get us more toward a
 

00:23:47.440 --> 00:23:49.410 align:start position:0%
wounds and start to get us more toward a
rough<00:23:47.590><c> consensus</c><00:23:48.220><c> and</c><00:23:48.460><c> I</c><00:23:48.970><c> welcome</c><00:23:49.210><c> people</c>

00:23:49.410 --> 00:23:49.420 align:start position:0%
rough consensus and I welcome people
 

00:23:49.420 --> 00:23:50.940 align:start position:0%
rough consensus and I welcome people
from<00:23:49.690><c> the</c><00:23:49.809><c> audience</c><00:23:50.200><c> if</c><00:23:50.350><c> you</c><00:23:50.380><c> have</c><00:23:50.530><c> an</c><00:23:50.620><c> opinion</c>

00:23:50.940 --> 00:23:50.950 align:start position:0%
from the audience if you have an opinion
 

00:23:50.950 --> 00:23:52.320 align:start position:0%
from the audience if you have an opinion
on<00:23:51.070><c> this</c><00:23:51.220><c> you</c><00:23:51.370><c> can</c><00:23:51.490><c> go</c><00:23:51.580><c> sit</c><00:23:51.790><c> in</c><00:23:51.910><c> this</c><00:23:52.000><c> chair</c><00:23:52.059><c> and</c>

00:23:52.320 --> 00:23:52.330 align:start position:0%
on this you can go sit in this chair and
 

00:23:52.330 --> 00:23:55.260 align:start position:0%
on this you can go sit in this chair and
like<00:23:52.950><c> you</c><00:23:53.950><c> know</c><00:23:54.070><c> give</c><00:23:54.490><c> your</c><00:23:54.640><c> opinion</c><00:23:55.090><c> or</c>

00:23:55.260 --> 00:23:55.270 align:start position:0%
like you know give your opinion or
 

00:23:55.270 --> 00:23:58.260 align:start position:0%
like you know give your opinion or
whatnot<00:23:55.710><c> and</c><00:23:56.710><c> otherwise</c><00:23:57.250><c> anyone</c><00:23:57.820><c> else</c><00:23:58.000><c> we</c><00:23:58.150><c> can</c>

00:23:58.260 --> 00:23:58.270 align:start position:0%
whatnot and otherwise anyone else we can
 

00:23:58.270 --> 00:24:02.640 align:start position:0%
whatnot and otherwise anyone else we can
go<00:23:58.360><c> to</c><00:23:58.450><c> another</c><00:23:58.540><c> topic</c><00:24:01.230><c> one</c><00:24:02.230><c> thing</c><00:24:02.440><c> that</c><00:24:02.559><c> I'd</c>

00:24:02.640 --> 00:24:02.650 align:start position:0%
go to another topic one thing that I'd
 

00:24:02.650 --> 00:24:05.549 align:start position:0%
go to another topic one thing that I'd
like<00:24:02.830><c> to</c><00:24:02.890><c> point</c><00:24:03.070><c> out</c><00:24:03.190><c> is</c><00:24:03.400><c> um</c><00:24:03.610><c> intro</c><00:24:04.320><c> my</c><00:24:05.320><c> name</c><00:24:05.350><c> is</c>

00:24:05.549 --> 00:24:05.559 align:start position:0%
like to point out is um intro my name is
 

00:24:05.559 --> 00:24:07.020 align:start position:0%
like to point out is um intro my name is
Dan<00:24:05.710><c> affarin</c><00:24:06.160><c> I'm</c><00:24:06.280><c> picking</c><00:24:06.580><c> my</c><00:24:06.670><c> son</c><00:24:06.850><c> up</c><00:24:06.940><c> from</c>

00:24:07.020 --> 00:24:07.030 align:start position:0%
Dan affarin I'm picking my son up from
 

00:24:07.030 --> 00:24:11.580 align:start position:0%
Dan affarin I'm picking my son up from
school<00:24:09.809><c> one</c><00:24:10.809><c> of</c><00:24:10.900><c> things</c><00:24:11.020><c> that</c><00:24:11.080><c> have</c><00:24:11.230><c> noticed</c>

00:24:11.580 --> 00:24:11.590 align:start position:0%
school one of things that have noticed
 

00:24:11.590 --> 00:24:12.990 align:start position:0%
school one of things that have noticed
within<00:24:11.770><c> the</c><00:24:11.920><c> past</c><00:24:12.100><c> six</c><00:24:12.280><c> to</c><00:24:12.490><c> eight</c><00:24:12.610><c> months</c><00:24:12.880><c> with</c>

00:24:12.990 --> 00:24:13.000 align:start position:0%
within the past six to eight months with
 

00:24:13.000 --> 00:24:15.330 align:start position:0%
within the past six to eight months with
this<00:24:13.120><c> is</c><00:24:13.870><c> there's</c><00:24:14.110><c> been</c><00:24:14.290><c> a</c><00:24:14.320><c> notable</c><00:24:14.620><c> drop</c><00:24:15.130><c> in</c>

00:24:15.330 --> 00:24:15.340 align:start position:0%
this is there's been a notable drop in
 

00:24:15.340 --> 00:24:17.370 align:start position:0%
this is there's been a notable drop in
civility<00:24:15.850><c> in</c><00:24:16.179><c> the</c><00:24:16.510><c> arguments</c><00:24:16.960><c> relating</c><00:24:17.320><c> to</c>

00:24:17.370 --> 00:24:17.380 align:start position:0%
civility in the arguments relating to
 

00:24:17.380 --> 00:24:19.530 align:start position:0%
civility in the arguments relating to
prog<00:24:17.559><c> pal</c><00:24:17.800><c> and</c><00:24:18.760><c> the</c><00:24:18.910><c> problem</c><00:24:19.150><c> with</c><00:24:19.240><c> this</c><00:24:19.330><c> drop</c>

00:24:19.530 --> 00:24:19.540 align:start position:0%
prog pal and the problem with this drop
 

00:24:19.540 --> 00:24:21.240 align:start position:0%
prog pal and the problem with this drop
in<00:24:19.660><c> civility</c><00:24:20.080><c> is</c><00:24:20.260><c> people</c><00:24:20.620><c> start</c><00:24:20.980><c> closing</c>

00:24:21.240 --> 00:24:21.250 align:start position:0%
in civility is people start closing
 

00:24:21.250 --> 00:24:23.640 align:start position:0%
in civility is people start closing
their<00:24:21.370><c> ears</c><00:24:21.750><c> and</c><00:24:22.750><c> there</c><00:24:22.900><c> are</c><00:24:23.020><c> principled</c>

00:24:23.640 --> 00:24:23.650 align:start position:0%
their ears and there are principled
 

00:24:23.650 --> 00:24:25.650 align:start position:0%
their ears and there are principled
people<00:24:24.010><c> with</c><00:24:24.130><c> real</c><00:24:24.429><c> solid</c><00:24:24.880><c> objections</c><00:24:25.330><c> to</c><00:24:25.510><c> it</c>

00:24:25.650 --> 00:24:25.660 align:start position:0%
people with real solid objections to it
 

00:24:25.660 --> 00:24:28.230 align:start position:0%
people with real solid objections to it
who<00:24:26.290><c> get</c><00:24:26.559><c> lumped</c><00:24:27.280><c> together</c><00:24:27.370><c> with</c><00:24:27.970><c> some</c><00:24:28.179><c> of</c>

00:24:28.230 --> 00:24:28.240 align:start position:0%
who get lumped together with some of
 

00:24:28.240 --> 00:24:30.000 align:start position:0%
who get lumped together with some of
these<00:24:28.300><c> people</c><00:24:28.510><c> spouting</c><00:24:28.900><c> these</c><00:24:29.200><c> crazy</c><00:24:29.679><c> things</c>

00:24:30.000 --> 00:24:30.010 align:start position:0%
these people spouting these crazy things
 

00:24:30.010 --> 00:24:32.669 align:start position:0%
these people spouting these crazy things
and<00:24:30.420><c> that's</c><00:24:31.420><c> doing</c><00:24:31.720><c> a</c><00:24:31.870><c> disservice</c><00:24:32.080><c> to</c><00:24:32.260><c> the</c>

00:24:32.669 --> 00:24:32.679 align:start position:0%
and that's doing a disservice to the
 

00:24:32.679 --> 00:24:34.980 align:start position:0%
and that's doing a disservice to the
dialogue<00:24:33.070><c> to</c><00:24:33.700><c> be</c><00:24:33.820><c> uncivil</c><00:24:34.330><c> and</c><00:24:34.510><c> to</c><00:24:34.660><c> be</c><00:24:34.750><c> rude</c>

00:24:34.980 --> 00:24:34.990 align:start position:0%
dialogue to be uncivil and to be rude
 

00:24:34.990 --> 00:24:37.830 align:start position:0%
dialogue to be uncivil and to be rude
and<00:24:35.260><c> to</c><00:24:35.410><c> be</c><00:24:35.530><c> crude</c><00:24:35.770><c> to</c><00:24:35.920><c> everyone</c><00:24:36.340><c> and</c><00:24:36.550><c> to</c><00:24:37.300><c> send</c>

00:24:37.830 --> 00:24:37.840 align:start position:0%
and to be crude to everyone and to send
 

00:24:37.840 --> 00:24:39.299 align:start position:0%
and to be crude to everyone and to send
all<00:24:37.990><c> sorts</c><00:24:38.260><c> of</c><00:24:38.320><c> weird</c><00:24:38.530><c> veiled</c><00:24:38.860><c> threats</c><00:24:39.190><c> to</c>

00:24:39.299 --> 00:24:39.309 align:start position:0%
all sorts of weird veiled threats to
 

00:24:39.309 --> 00:24:47.390 align:start position:0%
all sorts of weird veiled threats to
people<00:24:39.610><c> that's</c><00:24:40.150><c> just</c><00:24:40.270><c> not</c><00:24:40.540><c> cool</c><00:24:42.480><c> yeah</c><00:24:43.480><c> I</c><00:24:43.510><c> agree</c>

00:24:47.390 --> 00:24:47.400 align:start position:0%
 
 

00:24:47.400 --> 00:24:49.620 align:start position:0%
 
yeah<00:24:48.400><c> I</c><00:24:48.429><c> think</c><00:24:48.580><c> I</c><00:24:48.790><c> want</c><00:24:48.970><c> to</c><00:24:49.030><c> want</c><00:24:49.330><c> to</c><00:24:49.360><c> echo</c>

00:24:49.620 --> 00:24:49.630 align:start position:0%
yeah I think I want to want to echo
 

00:24:49.630 --> 00:24:52.169 align:start position:0%
yeah I think I want to want to echo
Dinos<00:24:49.900><c> statement</c><00:24:50.559><c> I'm</c><00:24:50.950><c> Adrian</c><00:24:51.309><c> Sutton</c>

00:24:52.169 --> 00:24:52.179 align:start position:0%
Dinos statement I'm Adrian Sutton
 

00:24:52.179 --> 00:24:56.130 align:start position:0%
Dinos statement I'm Adrian Sutton
work<00:24:53.050><c> on</c><00:24:53.200><c> Basu</c><00:24:53.530><c> I</c><00:24:54.240><c> think</c><00:24:55.240><c> one</c><00:24:55.780><c> of</c><00:24:55.809><c> the</c><00:24:55.929><c> things</c>

00:24:56.130 --> 00:24:56.140 align:start position:0%
work on Basu I think one of the things
 

00:24:56.140 --> 00:24:58.200 align:start position:0%
work on Basu I think one of the things
that's<00:24:56.290><c> very</c><00:24:56.410><c> dangerous</c><00:24:57.070><c> in</c><00:24:57.309><c> this</c><00:24:57.520><c> for</c><00:24:58.059><c> the</c>

00:24:58.200 --> 00:24:58.210 align:start position:0%
that's very dangerous in this for the
 

00:24:58.210 --> 00:25:00.000 align:start position:0%
that's very dangerous in this for the
whole<00:24:58.360><c> etherion</c><00:24:58.900><c> community</c><00:24:59.350><c> is</c><00:24:59.559><c> that</c><00:24:59.800><c> if</c><00:24:59.890><c> we</c>

00:25:00.000 --> 00:25:00.010 align:start position:0%
whole etherion community is that if we
 

00:25:00.010 --> 00:25:03.080 align:start position:0%
whole etherion community is that if we
set<00:25:00.220><c> a</c><00:25:00.250><c> precedent</c><00:25:00.880><c> where</c><00:25:01.750><c> you</c><00:25:02.260><c> can</c><00:25:02.559><c> shoot</c><00:25:02.860><c> down</c>

00:25:03.080 --> 00:25:03.090 align:start position:0%
set a precedent where you can shoot down
 

00:25:03.090 --> 00:25:07.830 align:start position:0%
set a precedent where you can shoot down
something<00:25:04.090><c> by</c><00:25:05.400><c> attacking</c><00:25:06.400><c> someone</c><00:25:07.360><c> proposing</c>

00:25:07.830 --> 00:25:07.840 align:start position:0%
something by attacking someone proposing
 

00:25:07.840 --> 00:25:09.570 align:start position:0%
something by attacking someone proposing
it<00:25:07.929><c> personally</c><00:25:08.410><c> then</c><00:25:08.950><c> we're</c><00:25:09.040><c> gonna</c><00:25:09.130><c> see</c><00:25:09.340><c> a</c><00:25:09.370><c> lot</c>

00:25:09.570 --> 00:25:09.580 align:start position:0%
it personally then we're gonna see a lot
 

00:25:09.580 --> 00:25:12.030 align:start position:0%
it personally then we're gonna see a lot
more<00:25:09.640><c> of</c><00:25:09.910><c> that</c><00:25:09.940><c> in</c><00:25:10.150><c> the</c><00:25:10.210><c> future</c><00:25:10.360><c> so</c><00:25:11.200><c> I'm</c><00:25:11.559><c> really</c>

00:25:12.030 --> 00:25:12.040 align:start position:0%
more of that in the future so I'm really
 

00:25:12.040 --> 00:25:15.780 align:start position:0%
more of that in the future so I'm really
keen<00:25:12.309><c> to</c><00:25:12.340><c> hear</c><00:25:12.900><c> technical</c><00:25:13.900><c> concerns</c><00:25:14.520><c> and</c><00:25:15.520><c> that</c>

00:25:15.780 --> 00:25:15.790 align:start position:0%
keen to hear technical concerns and that
 

00:25:15.790 --> 00:25:17.520 align:start position:0%
keen to hear technical concerns and that
that<00:25:16.179><c> includes</c><00:25:16.450><c> some</c><00:25:16.600><c> politics</c><00:25:17.020><c> of</c><00:25:17.200><c> do</c><00:25:17.410><c> we</c>

00:25:17.520 --> 00:25:17.530 align:start position:0%
that includes some politics of do we
 

00:25:17.530 --> 00:25:19.290 align:start position:0%
that includes some politics of do we
actually<00:25:17.679><c> want</c><00:25:18.040><c> to</c><00:25:18.130><c> be</c><00:25:18.340><c> a</c><00:25:18.490><c> Sikh</c><00:25:18.790><c> friendly</c><00:25:19.090><c> is</c>

00:25:19.290 --> 00:25:19.300 align:start position:0%
actually want to be a Sikh friendly is
 

00:25:19.300 --> 00:25:21.660 align:start position:0%
actually want to be a Sikh friendly is
that<00:25:19.690><c> that</c><00:25:20.320><c> direction</c><00:25:20.590><c> we</c><00:25:20.770><c> want</c><00:25:20.920><c> to</c><00:25:20.950><c> go</c><00:25:21.010><c> those</c>

00:25:21.660 --> 00:25:21.670 align:start position:0%
that that direction we want to go those
 

00:25:21.670 --> 00:25:23.640 align:start position:0%
that that direction we want to go those
arguments<00:25:22.059><c> I'm</c><00:25:22.420><c> all</c><00:25:22.809><c> for</c><00:25:23.020><c> I</c><00:25:23.080><c> really</c><00:25:23.350><c> want</c><00:25:23.590><c> to</c>

00:25:23.640 --> 00:25:23.650 align:start position:0%
arguments I'm all for I really want to
 

00:25:23.650 --> 00:25:26.640 align:start position:0%
arguments I'm all for I really want to
hear<00:25:23.830><c> but</c><00:25:24.010><c> when</c><00:25:24.190><c> we</c><00:25:24.309><c> start</c><00:25:24.640><c> diving</c><00:25:25.120><c> into</c><00:25:25.650><c> this</c>

00:25:26.640 --> 00:25:26.650 align:start position:0%
hear but when we start diving into this
 

00:25:26.650 --> 00:25:28.590 align:start position:0%
hear but when we start diving into this
person<00:25:27.220><c> was</c><00:25:27.340><c> associated</c><00:25:27.730><c> with</c><00:25:27.910><c> that</c><00:25:28.210><c> or</c>

00:25:28.590 --> 00:25:28.600 align:start position:0%
person was associated with that or
 

00:25:28.600 --> 00:25:31.410 align:start position:0%
person was associated with that or
they're<00:25:29.080><c> corrupt</c><00:25:29.530><c> or</c><00:25:29.860><c> their</c><00:25:30.100><c> and</c><00:25:31.059><c> not</c>

00:25:31.410 --> 00:25:31.420 align:start position:0%
they're corrupt or their and not
 

00:25:31.420 --> 00:25:33.299 align:start position:0%
they're corrupt or their and not
actually<00:25:31.840><c> being</c><00:25:31.990><c> able</c><00:25:32.110><c> to</c><00:25:32.260><c> point</c><00:25:32.470><c> to</c><00:25:32.710><c> this</c><00:25:33.250><c> is</c>

00:25:33.299 --> 00:25:33.309 align:start position:0%
actually being able to point to this is
 

00:25:33.309 --> 00:25:36.210 align:start position:0%
actually being able to point to this is
what<00:25:33.700><c> they're</c><00:25:33.880><c> trying</c><00:25:34.030><c> to</c><00:25:34.240><c> do</c><00:25:34.450><c> so</c><00:25:34.980><c> if</c><00:25:35.980><c> you've</c>

00:25:36.210 --> 00:25:36.220 align:start position:0%
what they're trying to do so if you've
 

00:25:36.220 --> 00:25:37.500 align:start position:0%
what they're trying to do so if you've
got<00:25:36.370><c> a</c><00:25:36.400><c> problem</c><00:25:36.550><c> with</c><00:25:36.670><c> Proctor</c><00:25:36.970><c> and</c><00:25:37.240><c> you</c><00:25:37.300><c> think</c>

00:25:37.500 --> 00:25:37.510 align:start position:0%
got a problem with Proctor and you think
 

00:25:37.510 --> 00:25:39.840 align:start position:0%
got a problem with Proctor and you think
it's<00:25:37.660><c> all</c><00:25:37.750><c> great</c><00:25:37.900><c> scam</c><00:25:38.260><c> then</c><00:25:38.920><c> great</c><00:25:39.550><c> let's</c>

00:25:39.840 --> 00:25:39.850 align:start position:0%
it's all great scam then great let's
 

00:25:39.850 --> 00:25:42.240 align:start position:0%
it's all great scam then great let's
hear<00:25:40.059><c> exactly</c><00:25:40.450><c> what</c><00:25:40.630><c> the</c><00:25:40.870><c> scam</c><00:25:41.110><c> is</c><00:25:41.290><c> not</c><00:25:41.530><c> just</c><00:25:42.010><c> a</c>

00:25:42.240 --> 00:25:42.250 align:start position:0%
hear exactly what the scam is not just a
 

00:25:42.250 --> 00:25:44.370 align:start position:0%
hear exactly what the scam is not just a
vague<00:25:42.850><c> thing</c><00:25:43.300><c> where</c><00:25:43.480><c> we're</c><00:25:43.630><c> we're</c><00:25:43.929><c> slandering</c>

00:25:44.370 --> 00:25:44.380 align:start position:0%
vague thing where we're we're slandering
 

00:25:44.380 --> 00:25:47.159 align:start position:0%
vague thing where we're we're slandering
personalities<00:25:45.010><c> because</c><00:25:45.370><c> that</c><00:25:45.580><c> leads</c><00:25:45.850><c> to</c><00:25:46.210><c> more</c>

00:25:47.159 --> 00:25:47.169 align:start position:0%
personalities because that leads to more
 

00:25:47.169 --> 00:25:49.879 align:start position:0%
personalities because that leads to more
and<00:25:47.230><c> more</c><00:25:47.760><c> attacking</c><00:25:48.760><c> people</c>

00:25:49.879 --> 00:25:49.889 align:start position:0%
and more attacking people
 

00:25:49.889 --> 00:25:52.090 align:start position:0%
and more attacking people
which<00:25:50.369><c> makes</c><00:25:50.580><c> it</c><00:25:50.730><c> incredibly</c><00:25:50.850><c> difficult</c><00:25:51.389><c> for</c>

00:25:52.090 --> 00:25:52.100 align:start position:0%
which makes it incredibly difficult for
 

00:25:52.100 --> 00:25:54.499 align:start position:0%
which makes it incredibly difficult for
people<00:25:53.100><c> to</c><00:25:53.309><c> stand</c><00:25:53.460><c> up</c><00:25:53.639><c> and</c><00:25:53.789><c> make</c><00:25:53.970><c> proposals</c>

00:25:54.499 --> 00:25:54.509 align:start position:0%
people to stand up and make proposals
 

00:25:54.509 --> 00:25:56.119 align:start position:0%
people to stand up and make proposals
and<00:25:54.659><c> be</c><00:25:54.749><c> involved</c><00:25:55.080><c> in</c><00:25:55.169><c> the</c><00:25:55.230><c> community</c><00:25:55.619><c> we've</c>

00:25:56.119 --> 00:25:56.129 align:start position:0%
and be involved in the community we've
 

00:25:56.129 --> 00:25:57.529 align:start position:0%
and be involved in the community we've
lost<00:25:56.429><c> people</c><00:25:56.669><c> in</c><00:25:56.879><c> the</c><00:25:56.970><c> community</c><00:25:57.330><c> who</c><00:25:57.450><c> would</c>

00:25:57.529 --> 00:25:57.539 align:start position:0%
lost people in the community who would
 

00:25:57.539 --> 00:25:59.570 align:start position:0%
lost people in the community who would
diluent<00:25:57.899><c> great</c><00:25:58.350><c> work</c><00:25:58.590><c> because</c><00:25:59.220><c> they've</c><00:25:59.429><c> been</c>

00:25:59.570 --> 00:25:59.580 align:start position:0%
diluent great work because they've been
 

00:25:59.580 --> 00:26:01.609 align:start position:0%
diluent great work because they've been
attacked<00:25:59.909><c> personally</c><00:26:00.119><c> in</c><00:26:00.539><c> the</c><00:26:00.629><c> past</c><00:26:00.840><c> we</c><00:26:01.499><c> don't</c>

00:26:01.609 --> 00:26:01.619 align:start position:0%
attacked personally in the past we don't
 

00:26:01.619 --> 00:26:02.570 align:start position:0%
attacked personally in the past we don't
want<00:26:01.799><c> to</c><00:26:01.860><c> see</c><00:26:01.919><c> that</c><00:26:02.070><c> happening</c><00:26:02.369><c> in</c><00:26:02.489><c> the</c><00:26:02.519><c> future</c>

00:26:02.570 --> 00:26:02.580 align:start position:0%
want to see that happening in the future
 

00:26:02.580 --> 00:26:11.180 align:start position:0%
want to see that happening in the future
just<00:26:08.840><c> to</c><00:26:09.840><c> add</c><00:26:09.929><c> my</c><00:26:10.139><c> two</c><00:26:10.200><c> cents</c><00:26:10.649><c> this</c><00:26:10.950><c> whole</c>

00:26:11.180 --> 00:26:11.190 align:start position:0%
just to add my two cents this whole
 

00:26:11.190 --> 00:26:14.629 align:start position:0%
just to add my two cents this whole
proper<00:26:11.669><c> vs.</c><00:26:12.059><c> Edie</c><00:26:12.299><c> Hodge</c><00:26:12.450><c> discussion</c><00:26:13.049><c> I</c><00:26:13.739><c> think</c>

00:26:14.629 --> 00:26:14.639 align:start position:0%
proper vs. Edie Hodge discussion I think
 

00:26:14.639 --> 00:26:19.279 align:start position:0%
proper vs. Edie Hodge discussion I think
one<00:26:15.090><c> of</c><00:26:15.119><c> the</c><00:26:16.220><c> so</c><00:26:17.389><c> currently</c><00:26:18.389><c> my</c><00:26:18.539><c> feeling</c><00:26:19.139><c> is</c>

00:26:19.279 --> 00:26:19.289 align:start position:0%
one of the so currently my feeling is
 

00:26:19.289 --> 00:26:21.919 align:start position:0%
one of the so currently my feeling is
that<00:26:19.320><c> the</c><00:26:19.889><c> whole</c><00:26:20.340><c> discussion</c><00:26:20.669><c> boils</c><00:26:21.090><c> around</c><00:26:21.419><c> a</c>

00:26:21.919 --> 00:26:21.929 align:start position:0%
that the whole discussion boils around a
 

00:26:21.929 --> 00:26:23.989 align:start position:0%
that the whole discussion boils around a
sick<00:26:22.799><c> whether</c><00:26:23.009><c> we</c><00:26:23.159><c> want</c><00:26:23.340><c> to</c><00:26:23.460><c> be</c><00:26:23.519><c> a</c><00:26:23.580><c> secure</c>

00:26:23.989 --> 00:26:23.999 align:start position:0%
sick whether we want to be a secure
 

00:26:23.999 --> 00:26:25.729 align:start position:0%
sick whether we want to be a secure
distant<00:26:24.389><c> or</c><00:26:24.570><c> not</c><00:26:24.779><c> and</c><00:26:25.200><c> I</c><00:26:25.320><c> think</c><00:26:25.499><c> this</c><00:26:25.619><c> is</c>

00:26:25.729 --> 00:26:25.739 align:start position:0%
distant or not and I think this is
 

00:26:25.739 --> 00:26:27.289 align:start position:0%
distant or not and I think this is
something<00:26:25.950><c> that</c><00:26:26.190><c> kind</c><00:26:26.369><c> of</c><00:26:26.519><c> just</c><00:26:26.820><c> is</c><00:26:26.940><c> tearing</c>

00:26:27.289 --> 00:26:27.299 align:start position:0%
something that kind of just is tearing
 

00:26:27.299 --> 00:26:30.440 align:start position:0%
something that kind of just is tearing
the<00:26:27.389><c> whole</c><00:26:27.480><c> community</c><00:26:27.929><c> apart</c><00:26:28.289><c> and</c><00:26:28.499><c> I</c><00:26:29.309><c> from</c><00:26:30.299><c> my</c>

00:26:30.440 --> 00:26:30.450 align:start position:0%
the whole community apart and I from my
 

00:26:30.450 --> 00:26:32.590 align:start position:0%
the whole community apart and I from my
personal<00:26:30.899><c> perspective</c><00:26:31.019><c> I</c><00:26:31.470><c> don't</c><00:26:31.679><c> really</c><00:26:31.889><c> see</c>

00:26:32.590 --> 00:26:32.600 align:start position:0%
personal perspective I don't really see
 

00:26:32.600 --> 00:26:36.080 align:start position:0%
personal perspective I don't really see
what's<00:26:33.600><c> the</c><00:26:33.779><c> whole</c><00:26:33.929><c> point</c><00:26:34.259><c> of</c><00:26:34.759><c> office</c><00:26:35.759><c> so</c>

00:26:36.080 --> 00:26:36.090 align:start position:0%
what's the whole point of office so
 

00:26:36.090 --> 00:26:38.749 align:start position:0%
what's the whole point of office so
currently<00:26:36.480><c> we</c><00:26:37.200><c> have</c><00:26:37.230><c> a</c><00:26:37.379><c> few</c><00:26:37.619><c> big</c><00:26:38.159><c> mining</c><00:26:38.519><c> pools</c>

00:26:38.749 --> 00:26:38.759 align:start position:0%
currently we have a few big mining pools
 

00:26:38.759 --> 00:26:41.779 align:start position:0%
currently we have a few big mining pools
now<00:26:38.940><c> if</c><00:26:39.210><c> we</c><00:26:39.899><c> have</c><00:26:40.049><c> an</c><00:26:40.200><c> ASIC</c><00:26:40.559><c> friendly</c><00:26:40.919><c> mining</c>

00:26:41.779 --> 00:26:41.789 align:start position:0%
now if we have an ASIC friendly mining
 

00:26:41.789 --> 00:26:43.700 align:start position:0%
now if we have an ASIC friendly mining
algorithm<00:26:42.299><c> then</c><00:26:42.509><c> probably</c><00:26:43.169><c> we</c><00:26:43.379><c> will</c><00:26:43.499><c> have</c>

00:26:43.700 --> 00:26:43.710 align:start position:0%
algorithm then probably we will have
 

00:26:43.710 --> 00:26:45.470 align:start position:0%
algorithm then probably we will have
some<00:26:43.980><c> manufacturers</c><00:26:44.669><c> that</c><00:26:44.879><c> make</c><00:26:45.059><c> a</c><00:26:45.090><c> killing</c>

00:26:45.470 --> 00:26:45.480 align:start position:0%
some manufacturers that make a killing
 

00:26:45.480 --> 00:26:47.810 align:start position:0%
some manufacturers that make a killing
out<00:26:45.600><c> of</c><00:26:45.779><c> it</c><00:26:45.960><c> and</c><00:26:46.169><c> some</c><00:26:46.470><c> mining</c><00:26:46.799><c> pools</c><00:26:47.070><c> now</c><00:26:47.639><c> if</c>

00:26:47.810 --> 00:26:47.820 align:start position:0%
out of it and some mining pools now if
 

00:26:47.820 --> 00:26:50.090 align:start position:0%
out of it and some mining pools now if
we<00:26:47.940><c> have</c><00:26:48.090><c> an</c><00:26:48.299><c> ASIC</c><00:26:48.769><c> resistant</c><00:26:49.769><c> mining</c>

00:26:50.090 --> 00:26:50.100 align:start position:0%
we have an ASIC resistant mining
 

00:26:50.100 --> 00:26:51.680 align:start position:0%
we have an ASIC resistant mining
algorithm<00:26:50.609><c> probably</c><00:26:51.059><c> there</c><00:26:51.239><c> will</c><00:26:51.330><c> be</c><00:26:51.389><c> some</c>

00:26:51.680 --> 00:26:51.690 align:start position:0%
algorithm probably there will be some
 

00:26:51.690 --> 00:26:53.029 align:start position:0%
algorithm probably there will be some
different<00:26:52.019><c> mining</c><00:26:52.289><c> pools</c><00:26:52.529><c> and</c><00:26:52.710><c> different</c>

00:26:53.029 --> 00:26:53.039 align:start position:0%
different mining pools and different
 

00:26:53.039 --> 00:26:55.340 align:start position:0%
different mining pools and different
hardware<00:26:53.970><c> vendors</c><00:26:54.299><c> making</c><00:26:54.690><c> a</c><00:26:54.779><c> killing</c><00:26:54.960><c> out</c><00:26:55.200><c> of</c>

00:26:55.340 --> 00:26:55.350 align:start position:0%
hardware vendors making a killing out of
 

00:26:55.350 --> 00:26:58.369 align:start position:0%
hardware vendors making a killing out of
it<00:26:55.499><c> but</c><00:26:56.039><c> essentially</c><00:26:56.989><c> from</c><00:26:57.989><c> my</c><00:26:58.109><c> perspective</c>

00:26:58.369 --> 00:26:58.379 align:start position:0%
it but essentially from my perspective
 

00:26:58.379 --> 00:27:00.169 align:start position:0%
it but essentially from my perspective
currently<00:26:59.039><c> we're</c><00:26:59.190><c> just</c><00:26:59.429><c> trying</c><00:26:59.700><c> to</c><00:26:59.759><c> decide</c>

00:27:00.169 --> 00:27:00.179 align:start position:0%
currently we're just trying to decide
 

00:27:00.179 --> 00:27:02.450 align:start position:0%
currently we're just trying to decide
who<00:27:00.690><c> we</c><00:27:00.899><c> want</c><00:27:01.109><c> to</c><00:27:01.259><c> give</c><00:27:01.409><c> our</c><00:27:01.559><c> money</c><00:27:01.769><c> to</c><00:27:01.919><c> for</c>

00:27:02.450 --> 00:27:02.460 align:start position:0%
who we want to give our money to for
 

00:27:02.460 --> 00:27:06.139 align:start position:0%
who we want to give our money to for
mining<00:27:02.789><c> or</c><00:27:02.999><c> for</c><00:27:03.980><c> creating</c><00:27:04.980><c> that</c><00:27:05.100><c> hardware</c><00:27:05.580><c> now</c>

00:27:06.139 --> 00:27:06.149 align:start position:0%
mining or for creating that hardware now
 

00:27:06.149 --> 00:27:08.859 align:start position:0%
mining or for creating that hardware now
if<00:27:06.480><c> on</c><00:27:07.200><c> the</c><00:27:07.379><c> other</c><00:27:07.470><c> hand</c><00:27:07.590><c> we</c><00:27:08.070><c> can</c><00:27:08.309><c> actually</c>

00:27:08.859 --> 00:27:08.869 align:start position:0%
if on the other hand we can actually
 

00:27:08.869 --> 00:27:11.690 align:start position:0%
if on the other hand we can actually
technically<00:27:09.869><c> say</c><00:27:10.139><c> that</c><00:27:10.379><c> one</c><00:27:11.159><c> of</c><00:27:11.309><c> them</c><00:27:11.519><c> is</c>

00:27:11.690 --> 00:27:11.700 align:start position:0%
technically say that one of them is
 

00:27:11.700 --> 00:27:14.090 align:start position:0%
technically say that one of them is
dangerous<00:27:12.330><c> or</c><00:27:12.840><c> one</c><00:27:12.989><c> of</c><00:27:13.139><c> them</c><00:27:13.379><c> or</c><00:27:13.769><c> we</c><00:27:13.950><c> can</c>

00:27:14.090 --> 00:27:14.100 align:start position:0%
dangerous or one of them or we can
 

00:27:14.100 --> 00:27:16.580 align:start position:0%
dangerous or one of them or we can
somehow<00:27:14.399><c> prove</c><00:27:14.759><c> that</c><00:27:14.970><c> yes</c><00:27:15.269><c> et</c><00:27:15.629><c> hash</c><00:27:15.840><c> is</c><00:27:16.529><c> a</c>

00:27:16.580 --> 00:27:16.590 align:start position:0%
somehow prove that yes et hash is a
 

00:27:16.590 --> 00:27:18.710 align:start position:0%
somehow prove that yes et hash is a
security<00:27:17.340><c> issue</c><00:27:17.369><c> and</c><00:27:17.879><c> we</c><00:27:18.239><c> can</c><00:27:18.450><c> prove</c><00:27:18.659><c> that</c>

00:27:18.710 --> 00:27:18.720 align:start position:0%
security issue and we can prove that
 

00:27:18.720 --> 00:27:20.899 align:start position:0%
security issue and we can prove that
publicly<00:27:19.320><c> then</c><00:27:19.859><c> all</c><00:27:20.009><c> of</c><00:27:20.039><c> a</c><00:27:20.220><c> sudden</c><00:27:20.249><c> probably</c>

00:27:20.899 --> 00:27:20.909 align:start position:0%
publicly then all of a sudden probably
 

00:27:20.909 --> 00:27:22.609 align:start position:0%
publicly then all of a sudden probably
the<00:27:21.029><c> entire</c><00:27:21.090><c> community</c><00:27:21.509><c> would</c><00:27:21.929><c> shift</c><00:27:22.169><c> towards</c>

00:27:22.609 --> 00:27:22.619 align:start position:0%
the entire community would shift towards
 

00:27:22.619 --> 00:27:24.859 align:start position:0%
the entire community would shift towards
the<00:27:22.710><c> other</c><00:27:22.859><c> one</c><00:27:23.070><c> so</c><00:27:23.549><c> if</c><00:27:23.730><c> as</c><00:27:23.909><c> long</c><00:27:24.239><c> so</c><00:27:24.720><c> if</c>

00:27:24.859 --> 00:27:24.869 align:start position:0%
the other one so if as long so if
 

00:27:24.869 --> 00:27:27.049 align:start position:0%
the other one so if as long so if
there's<00:27:25.139><c> a</c><00:27:25.350><c> threat</c><00:27:25.799><c> to</c><00:27:26.070><c> the</c><00:27:26.159><c> network</c><00:27:26.519><c> I</c><00:27:26.730><c> think</c>

00:27:27.049 --> 00:27:27.059 align:start position:0%
there's a threat to the network I think
 

00:27:27.059 --> 00:27:28.970 align:start position:0%
there's a threat to the network I think
then<00:27:27.239><c> the</c><00:27:27.269><c> whole</c><00:27:27.570><c> discussion</c><00:27:28.019><c> is</c><00:27:28.230><c> decided</c><00:27:28.769><c> and</c>

00:27:28.970 --> 00:27:28.980 align:start position:0%
then the whole discussion is decided and
 

00:27:28.980 --> 00:27:31.129 align:start position:0%
then the whole discussion is decided and
if<00:27:29.519><c> there's</c><00:27:29.730><c> no</c><00:27:29.940><c> threat</c><00:27:30.239><c> to</c><00:27:30.269><c> the</c><00:27:30.450><c> network</c><00:27:30.840><c> then</c>

00:27:31.129 --> 00:27:31.139 align:start position:0%
if there's no threat to the network then
 

00:27:31.139 --> 00:27:33.619 align:start position:0%
if there's no threat to the network then
it's<00:27:31.499><c> it's</c><00:27:32.190><c> kind</c><00:27:32.609><c> of</c><00:27:32.669><c> just</c><00:27:33.330><c> a</c><00:27:33.480><c> heated</c>

00:27:33.619 --> 00:27:33.629 align:start position:0%
it's it's kind of just a heated
 

00:27:33.629 --> 00:27:35.810 align:start position:0%
it's it's kind of just a heated
political<00:27:33.929><c> thing</c><00:27:34.499><c> of</c><00:27:34.679><c> who</c><00:27:35.009><c> gets</c><00:27:35.249><c> to</c><00:27:35.429><c> make</c><00:27:35.549><c> more</c>

00:27:35.810 --> 00:27:35.820 align:start position:0%
political thing of who gets to make more
 

00:27:35.820 --> 00:27:38.210 align:start position:0%
political thing of who gets to make more
money<00:27:35.999><c> out</c><00:27:36.210><c> of</c><00:27:36.239><c> it</c><00:27:36.480><c> and</c><00:27:36.749><c> that's</c><00:27:37.169><c> not</c><00:27:37.529><c> going</c><00:27:38.009><c> too</c>

00:27:38.210 --> 00:27:38.220 align:start position:0%
money out of it and that's not going too
 

00:27:38.220 --> 00:27:42.160 align:start position:0%
money out of it and that's not going too
far<00:27:38.429><c> too</c><00:27:39.119><c> fast</c>

00:27:42.160 --> 00:27:42.170 align:start position:0%
 
 

00:27:42.170 --> 00:27:48.820 align:start position:0%
 
I<00:27:46.600><c> do</c><00:27:47.600><c> we</c><00:27:47.750><c> have</c><00:27:47.840><c> a</c><00:27:47.870><c> next</c><00:27:47.990><c> topic</c><00:27:48.470><c> or</c><00:27:48.590><c> somebody</c>

00:27:48.820 --> 00:27:48.830 align:start position:0%
I do we have a next topic or somebody
 

00:27:48.830 --> 00:27:50.110 align:start position:0%
I do we have a next topic or somebody
wants<00:27:49.040><c> to</c><00:27:49.100><c> discuss</c><00:27:49.430><c> something</c><00:27:49.640><c> yeah</c><00:27:49.820><c> come</c><00:27:50.060><c> on</c>

00:27:50.110 --> 00:27:50.120 align:start position:0%
wants to discuss something yeah come on
 

00:27:50.120 --> 00:27:52.090 align:start position:0%
wants to discuss something yeah come on
up<00:27:50.300><c> you</c><00:27:50.540><c> can</c><00:27:51.170><c> come</c><00:27:51.320><c> on</c><00:27:51.440><c> up</c><00:27:51.470><c> before</c><00:27:51.830><c> we're</c><00:27:51.980><c> done</c>

00:27:52.090 --> 00:27:52.100 align:start position:0%
up you can come on up before we're done
 

00:27:52.100 --> 00:27:53.590 align:start position:0%
up you can come on up before we're done
talking<00:27:52.460><c> about</c><00:27:52.610><c> the</c><00:27:52.730><c> next</c><00:27:52.940><c> topic</c><00:27:53.120><c> by</c><00:27:53.360><c> the</c><00:27:53.420><c> way</c>

00:27:53.590 --> 00:27:53.600 align:start position:0%
talking about the next topic by the way
 

00:27:53.600 --> 00:27:55.150 align:start position:0%
talking about the next topic by the way
and<00:27:53.750><c> just</c><00:27:53.870><c> grab</c><00:27:54.050><c> a</c><00:27:54.080><c> mic</c><00:27:54.320><c> so</c><00:27:54.530><c> we</c><00:27:54.560><c> know</c><00:27:54.800><c> the</c><00:27:54.980><c> next</c>

00:27:55.150 --> 00:27:55.160 align:start position:0%
and just grab a mic so we know the next
 

00:27:55.160 --> 00:27:58.260 align:start position:0%
and just grab a mic so we know the next
one's<00:27:55.370><c> ready</c><00:27:55.580><c> all</c><00:27:56.360><c> right</c><00:27:56.510><c> hey</c><00:27:56.810><c> I'm</c><00:27:57.380><c> Fernando</c>

00:27:58.260 --> 00:27:58.270 align:start position:0%
one's ready all right hey I'm Fernando
 

00:27:58.270 --> 00:28:00.640 align:start position:0%
one's ready all right hey I'm Fernando
what's<00:27:59.270><c> the</c><00:27:59.360><c> deal</c><00:27:59.510><c> what</c><00:27:59.720><c> state</c><00:28:00.080><c> rent</c><00:28:00.320><c> where</c>

00:28:00.640 --> 00:28:00.650 align:start position:0%
what's the deal what state rent where
 

00:28:00.650 --> 00:28:02.220 align:start position:0%
what's the deal what state rent where
are<00:28:00.710><c> we</c><00:28:00.800><c> at</c><00:28:00.920><c> with</c><00:28:01.040><c> that</c>

00:28:02.220 --> 00:28:02.230 align:start position:0%
are we at with that
 

00:28:02.230 --> 00:28:04.990 align:start position:0%
are we at with that
it's<00:28:03.230><c> council</c>

00:28:04.990 --> 00:28:05.000 align:start position:0%
it's council
 

00:28:05.000 --> 00:28:08.170 align:start position:0%
it's council
no<00:28:05.990><c> actually</c><00:28:06.410><c> it's</c><00:28:06.620><c> more</c><00:28:06.860><c> the</c><00:28:07.730><c> question</c><00:28:07.880><c> is</c>

00:28:08.170 --> 00:28:08.180 align:start position:0%
no actually it's more the question is
 

00:28:08.180 --> 00:28:10.360 align:start position:0%
no actually it's more the question is
the<00:28:08.660><c> answer</c><00:28:08.870><c> is</c><00:28:08.960><c> more</c><00:28:09.140><c> complicated</c><00:28:09.950><c> than</c><00:28:10.340><c> that</c>

00:28:10.360 --> 00:28:10.370 align:start position:0%
the answer is more complicated than that
 

00:28:10.370 --> 00:28:13.030 align:start position:0%
the answer is more complicated than that
so<00:28:11.180><c> our</c><00:28:11.210><c> current</c><00:28:11.660><c> effort</c><00:28:12.140><c> is</c><00:28:12.350><c> to</c><00:28:12.620><c> prototype</c>

00:28:13.030 --> 00:28:13.040 align:start position:0%
so our current effort is to prototype
 

00:28:13.040 --> 00:28:15.910 align:start position:0%
so our current effort is to prototype
and<00:28:13.490><c> specify</c><00:28:14.480><c> so</c><00:28:14.900><c> that's</c><00:28:15.080><c> my</c><00:28:15.320><c> main</c><00:28:15.560><c> effort</c>

00:28:15.910 --> 00:28:15.920 align:start position:0%
and specify so that's my main effort
 

00:28:15.920 --> 00:28:19.180 align:start position:0%
and specify so that's my main effort
effort<00:28:16.400><c> in</c><00:28:16.640><c> my</c><00:28:17.210><c> little</c><00:28:17.630><c> team</c><00:28:17.900><c> team</c><00:28:18.440><c> so</c><00:28:19.130><c> to</c>

00:28:19.180 --> 00:28:19.190 align:start position:0%
effort in my little team team so to
 

00:28:19.190 --> 00:28:21.940 align:start position:0%
effort in my little team team so to
prototype<00:28:19.940><c> and</c><00:28:20.090><c> specify</c><00:28:20.630><c> the</c><00:28:20.960><c> the</c><00:28:21.680><c> first</c>

00:28:21.940 --> 00:28:21.950 align:start position:0%
prototype and specify the the first
 

00:28:21.950 --> 00:28:24.700 align:start position:0%
prototype and specify the the first
viable<00:28:22.420><c> version</c><00:28:23.420><c> of</c><00:28:23.570><c> the</c><00:28:23.780><c> state</c><00:28:24.020><c> status</c>

00:28:24.700 --> 00:28:24.710 align:start position:0%
viable version of the state status
 

00:28:24.710 --> 00:28:33.370 align:start position:0%
viable version of the state status
clients<00:28:25.600><c> what's</c><00:28:26.600><c> this</c><00:28:26.810><c> oh</c><00:28:27.850><c> yeah</c><00:28:28.880><c> and</c><00:28:31.330><c> so</c><00:28:32.380><c> so</c>

00:28:33.370 --> 00:28:33.380 align:start position:0%
clients what's this oh yeah and so so
 

00:28:33.380 --> 00:28:35.680 align:start position:0%
clients what's this oh yeah and so so
you<00:28:33.440><c> might</c><00:28:33.890><c> be</c><00:28:33.920><c> the</c><00:28:34.160><c> the</c><00:28:34.820><c> the</c><00:28:35.180><c> good</c><00:28:35.330><c> thing</c><00:28:35.540><c> to</c>

00:28:35.680 --> 00:28:35.690 align:start position:0%
you might be the the the good thing to
 

00:28:35.690 --> 00:28:37.660 align:start position:0%
you might be the the the good thing to
put<00:28:35.870><c> out</c><00:28:35.900><c> there</c><00:28:36.290><c> is</c><00:28:36.410><c> a</c><00:28:36.440><c> date</c><00:28:36.740><c> of</c><00:28:36.890><c> data</c><00:28:37.310><c> from</c><00:28:37.520><c> the</c>

00:28:37.660 --> 00:28:37.670 align:start position:0%
put out there is a date of data from the
 

00:28:37.670 --> 00:28:41.680 align:start position:0%
put out there is a date of data from the
status<00:28:38.000><c> client</c><00:28:38.390><c> prototype</c><00:28:39.940><c> if</c><00:28:40.940><c> that</c><00:28:41.390><c> would</c><00:28:41.660><c> be</c>

00:28:41.680 --> 00:28:41.690 align:start position:0%
status client prototype if that would be
 

00:28:41.690 --> 00:28:46.360 align:start position:0%
status client prototype if that would be
their<00:28:41.960><c> proposed</c><00:28:42.320><c> to</c><00:28:44.770><c> Leah</c><00:28:45.770><c> did</c><00:28:46.010><c> that</c><00:28:46.160><c> one</c>

00:28:46.360 --> 00:28:46.370 align:start position:0%
their proposed to Leah did that one
 

00:28:46.370 --> 00:28:48.490 align:start position:0%
their proposed to Leah did that one
that's<00:28:46.760><c> probably</c><00:28:46.970><c> the</c><00:28:47.360><c> like</c><00:28:47.630><c> the</c><00:28:47.840><c> closest</c><00:28:48.290><c> one</c>

00:28:48.490 --> 00:28:48.500 align:start position:0%
that's probably the like the closest one
 

00:28:48.500 --> 00:28:50.230 align:start position:0%
that's probably the like the closest one
you<00:28:48.620><c> could</c><00:28:48.830><c> if</c><00:28:49.190><c> you</c><00:28:49.340><c> scroll</c><00:28:49.610><c> down</c><00:28:49.670><c> to</c><00:28:49.850><c> the</c>

00:28:50.230 --> 00:28:50.240 align:start position:0%
you could if you scroll down to the
 

00:28:50.240 --> 00:28:51.970 align:start position:0%
you could if you scroll down to the
there

00:28:51.970 --> 00:28:51.980 align:start position:0%
there
 

00:28:51.980 --> 00:28:54.540 align:start position:0%
there
it<00:28:52.340><c> describes</c><00:28:52.880><c> a</c><00:28:53.000><c> slightly</c><00:28:53.420><c> the</c><00:28:53.570><c> idea</c><00:28:53.960><c> of</c><00:28:54.230><c> it</c>

00:28:54.540 --> 00:28:54.550 align:start position:0%
it describes a slightly the idea of it
 

00:28:54.550 --> 00:28:57.670 align:start position:0%
it describes a slightly the idea of it
go<00:28:55.550><c> down</c><00:28:55.760><c> a</c><00:28:55.820><c> little</c><00:28:56.030><c> bit</c><00:28:56.300><c> it's</c><00:28:56.900><c> very</c><00:28:57.110><c> old</c><00:28:57.320><c> post</c>

00:28:57.670 --> 00:28:57.680 align:start position:0%
go down a little bit it's very old post
 

00:28:57.680 --> 00:28:59.560 align:start position:0%
go down a little bit it's very old post
but<00:28:57.890><c> it's</c><00:28:58.010><c> still</c><00:28:58.220><c> relevant</c><00:28:58.490><c> and</c><00:28:58.790><c> it</c><00:28:59.060><c> describes</c>

00:28:59.560 --> 00:28:59.570 align:start position:0%
but it's still relevant and it describes
 

00:28:59.570 --> 00:29:02.680 align:start position:0%
but it's still relevant and it describes
what<00:28:59.690><c> we</c><00:28:59.990><c> kind</c><00:29:00.260><c> of</c><00:29:00.380><c> want</c><00:29:00.590><c> to</c><00:29:00.650><c> do</c><00:29:00.860><c> and</c><00:29:01.100><c> the</c><00:29:02.000><c> yeah</c>

00:29:02.680 --> 00:29:02.690 align:start position:0%
what we kind of want to do and the yeah
 

00:29:02.690 --> 00:29:07.090 align:start position:0%
what we kind of want to do and the yeah
further<00:29:03.530><c> down</c><00:29:03.740><c> to</c><00:29:03.950><c> the</c><00:29:04.070><c> graph</c><00:29:04.310><c> to</c><00:29:05.030><c> the</c><00:29:06.100><c> next</c>

00:29:07.090 --> 00:29:07.100 align:start position:0%
further down to the graph to the next
 

00:29:07.100 --> 00:29:08.530 align:start position:0%
further down to the graph to the next
one

00:29:08.530 --> 00:29:08.540 align:start position:0%
one
 

00:29:08.540 --> 00:29:11.800 align:start position:0%
one
breakdown<00:29:09.350><c> yeah</c><00:29:09.590><c> a</c><00:29:09.620><c> further</c><00:29:09.950><c> one</c><00:29:10.600><c> further</c><00:29:11.600><c> it</c>

00:29:11.800 --> 00:29:11.810 align:start position:0%
breakdown yeah a further one further it
 

00:29:11.810 --> 00:29:17.080 align:start position:0%
breakdown yeah a further one further it
further<00:29:12.430><c> okay</c><00:29:13.430><c> that</c><00:29:13.610><c> one</c><00:29:14.920><c> so</c><00:29:15.920><c> yeah</c><00:29:16.730><c> so</c><00:29:16.940><c> the</c>

00:29:17.080 --> 00:29:17.090 align:start position:0%
further okay that one so yeah so the
 

00:29:17.090 --> 00:29:22.150 align:start position:0%
further okay that one so yeah so the
this<00:29:17.690><c> is</c><00:29:17.750><c> the</c><00:29:19.450><c> I've</c><00:29:20.450><c> done</c><00:29:20.660><c> some</c><00:29:20.870><c> more</c><00:29:21.160><c> analysis</c>

00:29:22.150 --> 00:29:22.160 align:start position:0%
this is the I've done some more analysis
 

00:29:22.160 --> 00:29:24.250 align:start position:0%
this is the I've done some more analysis
on<00:29:22.250><c> this</c><00:29:22.340><c> but</c><00:29:22.820><c> basically</c><00:29:22.940><c> there</c><00:29:23.480><c> are</c><00:29:23.720><c> what</c>

00:29:24.250 --> 00:29:24.260 align:start position:0%
on this but basically there are what
 

00:29:24.260 --> 00:29:26.560 align:start position:0%
on this but basically there are what
we're<00:29:24.440><c> trying</c><00:29:24.620><c> to</c><00:29:24.770><c> do</c><00:29:24.920><c> is</c><00:29:25.070><c> that</c><00:29:25.280><c> we</c><00:29:26.240><c> kind</c><00:29:26.390><c> of</c>

00:29:26.560 --> 00:29:26.570 align:start position:0%
we're trying to do is that we kind of
 

00:29:26.570 --> 00:29:29.380 align:start position:0%
we're trying to do is that we kind of
try<00:29:26.720><c> to</c><00:29:26.780><c> circumvent</c><00:29:27.050><c> rent</c><00:29:27.770><c> a</c><00:29:28.040><c> bit</c><00:29:28.460><c> because</c><00:29:29.060><c> as</c>

00:29:29.380 --> 00:29:29.390 align:start position:0%
try to circumvent rent a bit because as
 

00:29:29.390 --> 00:29:31.690 align:start position:0%
try to circumvent rent a bit because as
I<00:29:29.540><c> said</c><00:29:29.600><c> in</c><00:29:29.960><c> April</c><00:29:30.080><c> in</c><00:29:30.560><c> our</c><00:29:30.770><c> meeting</c><00:29:31.280><c> in</c><00:29:31.370><c> Berlin</c>

00:29:31.690 --> 00:29:31.700 align:start position:0%
I said in April in our meeting in Berlin
 

00:29:31.700 --> 00:29:34.810 align:start position:0%
I said in April in our meeting in Berlin
after<00:29:32.230><c> research</c><00:29:33.230><c> in</c><00:29:33.590><c> researching</c><00:29:34.340><c> rent</c><00:29:34.550><c> for</c><00:29:34.760><c> a</c>

00:29:34.810 --> 00:29:34.820 align:start position:0%
after research in researching rent for a
 

00:29:34.820 --> 00:29:37.270 align:start position:0%
after research in researching rent for a
bit<00:29:35.090><c> for</c><00:29:35.630><c> a</c><00:29:35.690><c> few</c><00:29:36.170><c> months</c><00:29:36.470><c> I've</c><00:29:36.650><c> realized</c><00:29:37.130><c> that</c>

00:29:37.270 --> 00:29:37.280 align:start position:0%
bit for a few months I've realized that
 

00:29:37.280 --> 00:29:39.850 align:start position:0%
bit for a few months I've realized that
it<00:29:37.550><c> is</c><00:29:37.700><c> possible</c><00:29:38.180><c> to</c><00:29:38.210><c> do</c><00:29:38.420><c> it</c><00:29:38.570><c> technically</c><00:29:38.990><c> but</c>

00:29:39.850 --> 00:29:39.860 align:start position:0%
it is possible to do it technically but
 

00:29:39.860 --> 00:29:41.950 align:start position:0%
it is possible to do it technically but
it<00:29:39.920><c> would</c><00:29:40.310><c> be</c><00:29:40.430><c> very</c><00:29:40.550><c> expensive</c><00:29:41.180><c> project</c><00:29:41.420><c> to</c>

00:29:41.950 --> 00:29:41.960 align:start position:0%
it would be very expensive project to
 

00:29:41.960 --> 00:29:46.870 align:start position:0%
it would be very expensive project to
roll<00:29:42.230><c> out</c><00:29:44.740><c> practically</c><00:29:45.740><c> and</c><00:29:45.950><c> the</c><00:29:46.430><c> reason</c><00:29:46.730><c> why</c>

00:29:46.870 --> 00:29:46.880 align:start position:0%
roll out practically and the reason why
 

00:29:46.880 --> 00:29:48.490 align:start position:0%
roll out practically and the reason why
it<00:29:46.940><c> would</c><00:29:47.150><c> be</c><00:29:47.270><c> very</c><00:29:47.390><c> expensive</c><00:29:47.690><c> to</c><00:29:48.050><c> roll</c><00:29:48.350><c> out</c>

00:29:48.490 --> 00:29:48.500 align:start position:0%
it would be very expensive to roll out
 

00:29:48.500 --> 00:29:51.460 align:start position:0%
it would be very expensive to roll out
right<00:29:48.710><c> now</c><00:29:48.890><c> is</c><00:29:49.160><c> the</c><00:29:49.570><c> is</c><00:29:50.570><c> the</c><00:29:50.900><c> cost</c><00:29:51.320><c> of</c>

00:29:51.460 --> 00:29:51.470 align:start position:0%
right now is the is the cost of
 

00:29:51.470 --> 00:29:53.150 align:start position:0%
right now is the is the cost of
ecosystem<00:29:52.070><c> research</c><00:29:52.370><c> which</c>

00:29:53.150 --> 00:29:53.160 align:start position:0%
ecosystem research which
 

00:29:53.160 --> 00:29:56.270 align:start position:0%
ecosystem research which
had<00:29:53.640><c> to</c><00:29:53.790><c> be</c><00:29:53.940><c> done</c><00:29:54.180><c> because</c><00:29:55.050><c> the</c><00:29:55.440><c> the</c><00:29:56.070><c> state</c>

00:29:56.270 --> 00:29:56.280 align:start position:0%
had to be done because the the state
 

00:29:56.280 --> 00:29:59.480 align:start position:0%
had to be done because the the state
rent<00:29:56.760><c> wherever</c><00:29:57.180><c> however</c><00:29:57.870><c> you</c><00:29:58.320><c> implemented</c><00:29:59.040><c> it</c>

00:29:59.480 --> 00:29:59.490 align:start position:0%
rent wherever however you implemented it
 

00:29:59.490 --> 00:30:01.910 align:start position:0%
rent wherever however you implemented it
will<00:29:59.880><c> change</c><00:30:00.210><c> the</c><00:30:00.420><c> programming</c><00:30:00.900><c> paradigm</c><00:30:01.380><c> in</c>

00:30:01.910 --> 00:30:01.920 align:start position:0%
will change the programming paradigm in
 

00:30:01.920 --> 00:30:03.950 align:start position:0%
will change the programming paradigm in
the<00:30:02.160><c> way</c><00:30:02.310><c> that</c><00:30:02.610><c> at</c><00:30:03.060><c> least</c><00:30:03.240><c> in</c><00:30:03.360><c> a</c><00:30:03.510><c> way</c><00:30:03.540><c> I</c><00:30:03.630><c> thought</c>

00:30:03.950 --> 00:30:03.960 align:start position:0%
the way that at least in a way I thought
 

00:30:03.960 --> 00:30:06.050 align:start position:0%
the way that at least in a way I thought
about<00:30:04.020><c> it</c><00:30:04.410><c> because</c><00:30:04.680><c> other</c><00:30:05.130><c> proposals</c><00:30:05.820><c> where</c>

00:30:06.050 --> 00:30:06.060 align:start position:0%
about it because other proposals where
 

00:30:06.060 --> 00:30:08.870 align:start position:0%
about it because other proposals where
you<00:30:06.270><c> have</c><00:30:06.540><c> a</c><00:30:06.570><c> kind</c><00:30:07.170><c> of</c><00:30:07.260><c> attenuated</c><00:30:08.010><c> cost</c><00:30:08.700><c> of</c>

00:30:08.870 --> 00:30:08.880 align:start position:0%
you have a kind of attenuated cost of
 

00:30:08.880 --> 00:30:10.580 align:start position:0%
you have a kind of attenuated cost of
the<00:30:08.970><c> storage</c><00:30:09.360><c> which</c><00:30:09.780><c> I</c><00:30:09.900><c> don't</c><00:30:10.080><c> call</c><00:30:10.320><c> story</c>

00:30:10.580 --> 00:30:10.590 align:start position:0%
the storage which I don't call story
 

00:30:10.590 --> 00:30:12.500 align:start position:0%
the storage which I don't call story
Brent<00:30:10.860><c> it's</c><00:30:11.100><c> a</c><00:30:11.220><c> state</c><00:30:11.850><c> rent</c><00:30:12.060><c> because</c><00:30:12.270><c> it</c>

00:30:12.500 --> 00:30:12.510 align:start position:0%
Brent it's a state rent because it
 

00:30:12.510 --> 00:30:14.930 align:start position:0%
Brent it's a state rent because it
doesn't<00:30:12.870><c> actually</c><00:30:13.020><c> remove</c><00:30:13.650><c> things</c><00:30:14.520><c> from</c><00:30:14.700><c> the</c>

00:30:14.930 --> 00:30:14.940 align:start position:0%
doesn't actually remove things from the
 

00:30:14.940 --> 00:30:19.370 align:start position:0%
doesn't actually remove things from the
storage<00:30:15.210><c> so</c><00:30:16.400><c> so</c><00:30:17.400><c> any</c><00:30:17.640><c> any</c><00:30:18.000><c> proposals</c><00:30:18.900><c> in</c><00:30:19.140><c> any</c>

00:30:19.370 --> 00:30:19.380 align:start position:0%
storage so so any any proposals in any
 

00:30:19.380 --> 00:30:21.380 align:start position:0%
storage so so any any proposals in any
shape<00:30:19.890><c> or</c><00:30:20.010><c> form</c><00:30:20.070><c> which</c><00:30:20.550><c> will</c><00:30:20.760><c> start</c><00:30:21.030><c> removing</c>

00:30:21.380 --> 00:30:21.390 align:start position:0%
shape or form which will start removing
 

00:30:21.390 --> 00:30:24.590 align:start position:0%
shape or form which will start removing
things<00:30:21.690><c> from</c><00:30:22.050><c> the</c><00:30:22.260><c> state</c><00:30:22.500><c> at</c><00:30:23.250><c> a</c><00:30:23.310><c> certain</c><00:30:23.850><c> after</c>

00:30:24.590 --> 00:30:24.600 align:start position:0%
things from the state at a certain after
 

00:30:24.600 --> 00:30:26.720 align:start position:0%
things from the state at a certain after
the<00:30:24.750><c> state</c><00:30:25.020><c> rent</c><00:30:25.350><c> is</c><00:30:25.500><c> not</c><00:30:25.530><c> paid</c><00:30:25.730><c> will</c>

00:30:26.720 --> 00:30:26.730 align:start position:0%
the state rent is not paid will
 

00:30:26.730 --> 00:30:29.480 align:start position:0%
the state rent is not paid will
inevitably<00:30:27.570><c> change</c><00:30:28.230><c> the</c><00:30:28.950><c> program</c><00:30:29.370><c> in</c>

00:30:29.480 --> 00:30:29.490 align:start position:0%
inevitably change the program in
 

00:30:29.490 --> 00:30:31.520 align:start position:0%
inevitably change the program in
paradigm<00:30:29.970><c> and</c><00:30:30.510><c> some</c><00:30:30.870><c> of</c><00:30:31.020><c> the</c><00:30:31.110><c> things</c><00:30:31.320><c> will</c>

00:30:31.520 --> 00:30:31.530 align:start position:0%
paradigm and some of the things will
 

00:30:31.530 --> 00:30:34.310 align:start position:0%
paradigm and some of the things will
become<00:30:31.890><c> quite</c><00:30:32.520><c> a</c><00:30:32.610><c> connect</c><00:30:33.060><c> unexpected</c><00:30:33.780><c> for</c>

00:30:34.310 --> 00:30:34.320 align:start position:0%
become quite a connect unexpected for
 

00:30:34.320 --> 00:30:37.490 align:start position:0%
become quite a connect unexpected for
example<00:30:34.800><c> give</c><00:30:35.250><c> you</c><00:30:35.310><c> example</c><00:30:35.790><c> now</c><00:30:35.940><c> I</c><00:30:36.440><c> have</c><00:30:37.440><c> a</c>

00:30:37.490 --> 00:30:37.500 align:start position:0%
example give you example now I have a
 

00:30:37.500 --> 00:30:41.030 align:start position:0%
example give you example now I have a
smart<00:30:37.800><c> contract</c><00:30:38.010><c> and</c><00:30:38.970><c> solidity</c><00:30:39.420><c> and</c><00:30:39.750><c> it</c><00:30:40.650><c> has</c><00:30:40.800><c> a</c>

00:30:41.030 --> 00:30:41.040 align:start position:0%
smart contract and solidity and it has a
 

00:30:41.040 --> 00:30:44.870 align:start position:0%
smart contract and solidity and it has a
variable<00:30:42.000><c> fill</c><00:30:42.960><c> variable</c><00:30:43.470><c> net</c><00:30:43.620><c> and</c><00:30:43.880><c> you</c>

00:30:44.870 --> 00:30:44.880 align:start position:0%
variable fill variable net and you
 

00:30:44.880 --> 00:30:46.880 align:start position:0%
variable fill variable net and you
initialize<00:30:45.600><c> it</c><00:30:45.780><c> in</c><00:30:45.900><c> constructor</c><00:30:46.560><c> and</c><00:30:46.740><c> that</c>

00:30:46.880 --> 00:30:46.890 align:start position:0%
initialize it in constructor and that
 

00:30:46.890 --> 00:30:48.470 align:start position:0%
initialize it in constructor and that
variable<00:30:47.310><c> essentially</c><00:30:47.880><c> like</c><00:30:48.030><c> let's</c><00:30:48.360><c> say</c>

00:30:48.470 --> 00:30:48.480 align:start position:0%
variable essentially like let's say
 

00:30:48.480 --> 00:30:50.750 align:start position:0%
variable essentially like let's say
pointer<00:30:48.990><c> to</c><00:30:49.170><c> another</c><00:30:49.200><c> contract</c><00:30:49.890><c> you</c>

00:30:50.750 --> 00:30:50.760 align:start position:0%
pointer to another contract you
 

00:30:50.760 --> 00:30:52.520 align:start position:0%
pointer to another contract you
initialize<00:30:51.180><c> it</c><00:30:51.300><c> in</c><00:30:51.390><c> contract</c><00:30:51.900><c> and</c><00:30:52.050><c> it's</c><00:30:52.290><c> an</c><00:30:52.410><c> on</c>

00:30:52.520 --> 00:30:52.530 align:start position:0%
initialize it in contract and it's an on
 

00:30:52.530 --> 00:30:54.830 align:start position:0%
initialize it in contract and it's an on
now<00:30:52.740><c> it's</c><00:30:53.400><c> reference</c><00:30:54.030><c> to</c><00:30:54.210><c> another</c><00:30:54.330><c> contract</c>

00:30:54.830 --> 00:30:54.840 align:start position:0%
now it's reference to another contract
 

00:30:54.840 --> 00:30:56.570 align:start position:0%
now it's reference to another contract
and<00:30:55.020><c> you</c><00:30:55.110><c> can</c><00:30:55.320><c> happily</c><00:30:55.680><c> use</c><00:30:55.980><c> it</c><00:30:56.130><c> within</c><00:30:56.340><c> the</c>

00:30:56.570 --> 00:30:56.580 align:start position:0%
and you can happily use it within the
 

00:30:56.580 --> 00:30:58.880 align:start position:0%
and you can happily use it within the
contract<00:30:56.880><c> anytime</c><00:30:57.420><c> and</c><00:30:57.690><c> you</c><00:30:58.230><c> assume</c><00:30:58.590><c> that</c><00:30:58.620><c> it</c>

00:30:58.880 --> 00:30:58.890 align:start position:0%
contract anytime and you assume that it
 

00:30:58.890 --> 00:31:01.960 align:start position:0%
contract anytime and you assume that it
will<00:30:59.070><c> never</c><00:30:59.280><c> go</c><00:30:59.640><c> -</c><00:30:59.810><c> it</c><00:31:00.810><c> will</c><00:31:01.140><c> never</c><00:31:01.290><c> disappear</c>

00:31:01.960 --> 00:31:01.970 align:start position:0%
will never go - it will never disappear
 

00:31:01.970 --> 00:31:04.340 align:start position:0%
will never go - it will never disappear
so<00:31:02.970><c> you</c><00:31:03.030><c> don't</c><00:31:03.240><c> have</c><00:31:03.360><c> to</c><00:31:03.510><c> check</c><00:31:03.780><c> in</c><00:31:04.020><c> every</c>

00:31:04.340 --> 00:31:04.350 align:start position:0%
so you don't have to check in every
 

00:31:04.350 --> 00:31:05.900 align:start position:0%
so you don't have to check in every
function<00:31:04.920><c> of</c><00:31:05.010><c> the</c><00:31:05.100><c> contract</c><00:31:05.520><c> that</c><00:31:05.580><c> that</c>

00:31:05.900 --> 00:31:05.910 align:start position:0%
function of the contract that that
 

00:31:05.910 --> 00:31:08.360 align:start position:0%
function of the contract that that
pointer<00:31:06.360><c> is</c><00:31:06.390><c> still</c><00:31:06.720><c> valid</c><00:31:06.990><c> that</c><00:31:07.440><c> the</c><00:31:07.680><c> contract</c>

00:31:08.360 --> 00:31:08.370 align:start position:0%
pointer is still valid that the contract
 

00:31:08.370 --> 00:31:09.770 align:start position:0%
pointer is still valid that the contract
that<00:31:08.400><c> you</c><00:31:08.610><c> point</c><00:31:08.880><c> you</c><00:31:09.030><c> know</c><00:31:09.120><c> is</c><00:31:09.300><c> still</c><00:31:09.510><c> there</c>

00:31:09.770 --> 00:31:09.780 align:start position:0%
that you point you know is still there
 

00:31:09.780 --> 00:31:11.690 align:start position:0%
that you point you know is still there
because<00:31:10.290><c> you're</c><00:31:10.620><c> assumed</c><00:31:10.920><c> that</c><00:31:11.070><c> okay</c><00:31:11.400><c> I've</c>

00:31:11.690 --> 00:31:11.700 align:start position:0%
because you're assumed that okay I've
 

00:31:11.700 --> 00:31:14.030 align:start position:0%
because you're assumed that okay I've
initialized<00:31:11.970><c> in</c><00:31:12.330><c> constructor</c><00:31:13.140><c> it</c><00:31:13.680><c> will</c><00:31:13.890><c> not</c>

00:31:14.030 --> 00:31:14.040 align:start position:0%
initialized in constructor it will not
 

00:31:14.040 --> 00:31:17.260 align:start position:0%
initialized in constructor it will not
go<00:31:14.250><c> away</c><00:31:14.340><c> it's</c><00:31:14.820><c> like</c><00:31:14.940><c> in</c><00:31:15.320><c> kind</c><00:31:16.320><c> of</c><00:31:16.380><c> Const</c>

00:31:17.260 --> 00:31:17.270 align:start position:0%
go away it's like in kind of Const
 

00:31:17.270 --> 00:31:20.540 align:start position:0%
go away it's like in kind of Const
constant<00:31:18.270><c> variable</c><00:31:18.690><c> in</c><00:31:18.780><c> C++</c><00:31:19.440><c> right</c><00:31:19.800><c> it</c><00:31:20.340><c> will</c>

00:31:20.540 --> 00:31:20.550 align:start position:0%
constant variable in C++ right it will
 

00:31:20.550 --> 00:31:22.340 align:start position:0%
constant variable in C++ right it will
be<00:31:20.610><c> there</c><00:31:20.940><c> it's</c><00:31:21.210><c> once</c><00:31:21.480><c> you've</c><00:31:21.690><c> initialized</c><00:31:21.960><c> it</c>

00:31:22.340 --> 00:31:22.350 align:start position:0%
be there it's once you've initialized it
 

00:31:22.350 --> 00:31:25.160 align:start position:0%
be there it's once you've initialized it
it<00:31:22.470><c> never</c><00:31:22.680><c> changes</c><00:31:23.190><c> but</c><00:31:24.000><c> then</c><00:31:24.210><c> with</c><00:31:24.930><c> the</c><00:31:24.990><c> state</c>

00:31:25.160 --> 00:31:25.170 align:start position:0%
it never changes but then with the state
 

00:31:25.170 --> 00:31:26.930 align:start position:0%
it never changes but then with the state
rent<00:31:25.440><c> you</c><00:31:25.620><c> might</c><00:31:25.800><c> see</c><00:31:26.130><c> that</c><00:31:26.280><c> this</c><00:31:26.490><c> thing</c><00:31:26.550><c> can</c>

00:31:26.930 --> 00:31:26.940 align:start position:0%
rent you might see that this thing can
 

00:31:26.940 --> 00:31:30.320 align:start position:0%
rent you might see that this thing can
just<00:31:26.970><c> go</c><00:31:27.600><c> under</c><00:31:28.020><c> you</c><00:31:28.590><c> know</c><00:31:28.710><c> it</c><00:31:29.340><c> will</c><00:31:29.580><c> go</c><00:31:30.000><c> under</c>

00:31:30.320 --> 00:31:30.330 align:start position:0%
just go under you know it will go under
 

00:31:30.330 --> 00:31:32.930 align:start position:0%
just go under you know it will go under
the<00:31:30.420><c> pointer</c><00:31:30.960><c> so</c><00:31:31.200><c> the</c><00:31:31.440><c> this</c><00:31:31.760><c> contract</c><00:31:32.760><c> will</c>

00:31:32.930 --> 00:31:32.940 align:start position:0%
the pointer so the this contract will
 

00:31:32.940 --> 00:31:34.210 align:start position:0%
the pointer so the this contract will
disappear<00:31:33.390><c> and</c><00:31:33.510><c> then</c><00:31:33.630><c> your</c><00:31:33.750><c> pointer</c><00:31:34.170><c> will</c>

00:31:34.210 --> 00:31:34.220 align:start position:0%
disappear and then your pointer will
 

00:31:34.220 --> 00:31:36.200 align:start position:0%
disappear and then your pointer will
will<00:31:35.220><c> point</c><00:31:35.430><c> to</c><00:31:35.580><c> something</c><00:31:35.760><c> that</c><00:31:35.910><c> doesn't</c>

00:31:36.200 --> 00:31:36.210 align:start position:0%
will point to something that doesn't
 

00:31:36.210 --> 00:31:38.960 align:start position:0%
will point to something that doesn't
exist<00:31:36.540><c> anymore</c><00:31:36.780><c> so</c><00:31:37.080><c> that</c><00:31:37.620><c> sort</c><00:31:38.070><c> of</c><00:31:38.130><c> lots</c><00:31:38.880><c> of</c>

00:31:38.960 --> 00:31:38.970 align:start position:0%
exist anymore so that sort of lots of
 

00:31:38.970 --> 00:31:40.700 align:start position:0%
exist anymore so that sort of lots of
these<00:31:39.090><c> things</c><00:31:39.360><c> have</c><00:31:39.570><c> to</c><00:31:39.600><c> be</c><00:31:39.750><c> changed</c><00:31:40.350><c> in</c><00:31:40.560><c> terms</c>

00:31:40.700 --> 00:31:40.710 align:start position:0%
these things have to be changed in terms
 

00:31:40.710 --> 00:31:45.140 align:start position:0%
these things have to be changed in terms
of<00:31:40.950><c> the</c><00:31:41.070><c> paradigm</c><00:31:42.920><c> so</c><00:31:43.920><c> and</c><00:31:44.310><c> obviously</c><00:31:44.910><c> there</c>

00:31:45.140 --> 00:31:45.150 align:start position:0%
of the paradigm so and obviously there
 

00:31:45.150 --> 00:31:46.430 align:start position:0%
of the paradigm so and obviously there
would<00:31:45.300><c> be</c><00:31:45.330><c> some</c><00:31:45.570><c> contracts</c><00:31:46.020><c> that</c><00:31:46.110><c> would</c><00:31:46.290><c> be</c>

00:31:46.430 --> 00:31:46.440 align:start position:0%
would be some contracts that would be
 

00:31:46.440 --> 00:31:49.190 align:start position:0%
would be some contracts that would be
suspected<00:31:47.310><c> susceptible</c><00:31:47.940><c> to</c><00:31:47.970><c> some</c><00:31:48.870><c> Griffin</c>

00:31:49.190 --> 00:31:49.200 align:start position:0%
suspected susceptible to some Griffin
 

00:31:49.200 --> 00:31:51.200 align:start position:0%
suspected susceptible to some Griffin
attacks<00:31:49.500><c> that</c><00:31:50.160><c> need</c><00:31:50.430><c> to</c><00:31:50.580><c> be</c><00:31:50.700><c> needed</c><00:31:51.090><c> to</c><00:31:51.120><c> be</c>

00:31:51.200 --> 00:31:51.210 align:start position:0%
attacks that need to be needed to be
 

00:31:51.210 --> 00:31:53.990 align:start position:0%
attacks that need to be needed to be
researched<00:31:51.690><c> as</c><00:31:51.960><c> well</c><00:31:52.140><c> and</c><00:31:52.380><c> obviously</c><00:31:53.000><c> the</c>

00:31:53.990 --> 00:31:54.000 align:start position:0%
researched as well and obviously the
 

00:31:54.000 --> 00:31:56.210 align:start position:0%
researched as well and obviously the
number<00:31:54.780><c> amount</c><00:31:55.050><c> of</c><00:31:55.230><c> resources</c><00:31:55.680><c> that</c><00:31:55.830><c> I</c>

00:31:56.210 --> 00:31:56.220 align:start position:0%
number amount of resources that I
 

00:31:56.220 --> 00:31:58.130 align:start position:0%
number amount of resources that I
thought<00:31:56.580><c> would</c><00:31:56.760><c> be</c><00:31:56.910><c> required</c><00:31:57.270><c> for</c><00:31:57.330><c> that</c><00:31:57.630><c> so</c><00:31:57.930><c> if</c>

00:31:58.130 --> 00:31:58.140 align:start position:0%
thought would be required for that so if
 

00:31:58.140 --> 00:31:59.780 align:start position:0%
thought would be required for that so if
we<00:31:58.290><c> really</c><00:31:58.500><c> wanted</c><00:31:58.830><c> to</c><00:31:58.950><c> roll</c><00:31:59.100><c> it</c><00:31:59.250><c> out</c><00:31:59.370><c> would</c><00:31:59.640><c> be</c>

00:31:59.780 --> 00:31:59.790 align:start position:0%
we really wanted to roll it out would be
 

00:31:59.790 --> 00:32:02.390 align:start position:0%
we really wanted to roll it out would be
you<00:32:00.360><c> know</c><00:32:00.480><c> something</c><00:32:00.840><c> that</c><00:32:00.870><c> I</c><00:32:01.140><c> cannot</c><00:32:01.710><c> afford</c>

00:32:02.390 --> 00:32:02.400 align:start position:0%
you know something that I cannot afford
 

00:32:02.400 --> 00:32:04.970 align:start position:0%
you know something that I cannot afford
or<00:32:03.000><c> maybe</c><00:32:03.810><c> I'm</c><00:32:03.990><c> not</c><00:32:04.170><c> sure</c><00:32:04.230><c> if</c><00:32:04.620><c> if</c><00:32:04.740><c> they</c><00:32:04.860><c> are</c>

00:32:04.970 --> 00:32:04.980 align:start position:0%
or maybe I'm not sure if if they are
 

00:32:04.980 --> 00:32:05.730 align:start position:0%
or maybe I'm not sure if if they are
foundation

00:32:05.730 --> 00:32:05.740 align:start position:0%
foundation
 

00:32:05.740 --> 00:32:07.380 align:start position:0%
foundation
would<00:32:06.460><c> be</c><00:32:06.610><c> able</c><00:32:06.670><c> to</c><00:32:06.910><c> afford</c><00:32:07.120><c> that</c><00:32:07.240><c> or</c>

00:32:07.380 --> 00:32:07.390 align:start position:0%
would be able to afford that or
 

00:32:07.390 --> 00:32:10.710 align:start position:0%
would be able to afford that or
something<00:32:07.960><c> like</c><00:32:08.170><c> that</c><00:32:08.320><c> so</c><00:32:08.830><c> that's</c><00:32:09.160><c> why</c><00:32:09.720><c> we</c>

00:32:10.710 --> 00:32:10.720 align:start position:0%
something like that so that's why we
 

00:32:10.720 --> 00:32:13.260 align:start position:0%
something like that so that's why we
started<00:32:11.050><c> to</c><00:32:11.170><c> do</c><00:32:11.320><c> more</c><00:32:12.100><c> emphasis</c><00:32:12.670><c> on</c><00:32:12.790><c> status</c>

00:32:13.260 --> 00:32:13.270 align:start position:0%
started to do more emphasis on status
 

00:32:13.270 --> 00:32:15.840 align:start position:0%
started to do more emphasis on status
clients<00:32:13.660><c> which</c><00:32:13.900><c> might</c><00:32:14.200><c> actually</c><00:32:14.850><c> if</c>

00:32:15.840 --> 00:32:15.850 align:start position:0%
clients which might actually if
 

00:32:15.850 --> 00:32:21.030 align:start position:0%
clients which might actually if
implemented<00:32:16.890><c> correctly</c><00:32:17.890><c> and</c><00:32:18.520><c> if</c><00:32:18.760><c> if</c><00:32:19.300><c> my</c><00:32:20.040><c> sort</c>

00:32:21.030 --> 00:32:21.040 align:start position:0%
implemented correctly and if if my sort
 

00:32:21.040 --> 00:32:23.700 align:start position:0%
implemented correctly and if if my sort
of<00:32:21.100><c> intuition</c><00:32:22.090><c> is</c><00:32:22.300><c> correct</c><00:32:22.470><c> it</c><00:32:23.470><c> might</c>

00:32:23.700 --> 00:32:23.710 align:start position:0%
of intuition is correct it might
 

00:32:23.710 --> 00:32:28.190 align:start position:0%
of intuition is correct it might
actually<00:32:23.890><c> give</c><00:32:24.280><c> us</c><00:32:24.400><c> enough</c><00:32:24.820><c> runway</c><00:32:25.890><c> before</c><00:32:26.910><c> we</c>

00:32:28.190 --> 00:32:28.200 align:start position:0%
actually give us enough runway before we
 

00:32:28.200 --> 00:32:30.870 align:start position:0%
actually give us enough runway before we
and<00:32:29.200><c> then</c><00:32:29.380><c> I've</c><00:32:29.590><c> got</c><00:32:29.800><c> another</c><00:32:30.040><c> proposal</c><00:32:30.490><c> but</c>

00:32:30.870 --> 00:32:30.880 align:start position:0%
and then I've got another proposal but
 

00:32:30.880 --> 00:32:32.790 align:start position:0%
and then I've got another proposal but
which<00:32:31.060><c> I</c><00:32:31.210><c> haven't</c><00:32:31.600><c> published</c><00:32:31.780><c> yet</c><00:32:32.140><c> that</c>

00:32:32.790 --> 00:32:32.800 align:start position:0%
which I haven't published yet that
 

00:32:32.800 --> 00:32:34.950 align:start position:0%
which I haven't published yet that
actually<00:32:33.520><c> introduces</c><00:32:34.000><c> state</c><00:32:34.210><c> rent</c><00:32:34.450><c> after</c><00:32:34.870><c> the</c>

00:32:34.950 --> 00:32:34.960 align:start position:0%
actually introduces state rent after the
 

00:32:34.960 --> 00:32:37.200 align:start position:0%
actually introduces state rent after the
stateless<00:32:35.320><c> clients</c><00:32:35.790><c> but</c><00:32:36.790><c> in</c><00:32:36.940><c> a</c><00:32:37.090><c> slightly</c>

00:32:37.200 --> 00:32:37.210 align:start position:0%
stateless clients but in a slightly
 

00:32:37.210 --> 00:32:39.780 align:start position:0%
stateless clients but in a slightly
different<00:32:38.050><c> in</c><00:32:38.470><c> more</c><00:32:38.770><c> surprising</c><00:32:39.310><c> way</c><00:32:39.460><c> but</c><00:32:39.760><c> I</c>

00:32:39.780 --> 00:32:39.790 align:start position:0%
different in more surprising way but I
 

00:32:39.790 --> 00:32:46.920 align:start position:0%
different in more surprising way but I
don't<00:32:39.910><c> think</c><00:32:40.180><c> I</c><00:32:40.360><c> have</c><00:32:40.510><c> time</c><00:32:40.720><c> to</c><00:32:40.780><c> explain</c><00:32:41.530><c> it</c><00:32:45.930><c> so</c>

00:32:46.920 --> 00:32:46.930 align:start position:0%
don't think I have time to explain it so
 

00:32:46.930 --> 00:32:49.080 align:start position:0%
don't think I have time to explain it so
there<00:32:47.320><c> basically</c><00:32:47.440><c> it's</c><00:32:47.860><c> postponed</c><00:32:48.430><c> at</c><00:32:48.940><c> the</c>

00:32:49.080 --> 00:32:49.090 align:start position:0%
there basically it's postponed at the
 

00:32:49.090 --> 00:32:51.330 align:start position:0%
there basically it's postponed at the
moment<00:32:49.390><c> until</c><00:32:49.840><c> we</c><00:32:50.230><c> do</c><00:32:50.380><c> the</c><00:32:50.590><c> stateless</c><00:32:50.920><c> clients</c>

00:32:51.330 --> 00:32:51.340 align:start position:0%
moment until we do the stateless clients
 

00:32:51.340 --> 00:32:54.750 align:start position:0%
moment until we do the stateless clients
okay<00:32:51.910><c> so</c><00:32:52.980><c> stateless</c><00:32:53.980><c> clients</c><00:32:54.340><c> are</c><00:32:54.490><c> the</c><00:32:54.610><c> way</c><00:32:54.700><c> to</c>

00:32:54.750 --> 00:32:54.760 align:start position:0%
okay so stateless clients are the way to
 

00:32:54.760 --> 00:32:56.970 align:start position:0%
okay so stateless clients are the way to
go<00:32:54.970><c> until</c><00:32:55.240><c> a</c><00:32:55.780><c> few</c><00:32:56.260><c> point</c><00:32:56.500><c> oh</c><00:32:56.620><c> that's</c><00:32:56.830><c> what's</c>

00:32:56.970 --> 00:32:56.980 align:start position:0%
go until a few point oh that's what's
 

00:32:56.980 --> 00:32:59.490 align:start position:0%
go until a few point oh that's what's
gonna<00:32:57.100><c> hold</c><00:32:57.280><c> so</c><00:32:57.520><c> hopefully</c><00:32:58.360><c> because</c><00:32:59.170><c> I</c><00:32:59.200><c> don't</c>

00:32:59.490 --> 00:32:59.500 align:start position:0%
gonna hold so hopefully because I don't
 

00:32:59.500 --> 00:33:02.010 align:start position:0%
gonna hold so hopefully because I don't
know<00:32:59.650><c> because</c><00:33:00.010><c> the</c><00:33:00.540><c> obviously</c><00:33:01.540><c> the</c><00:33:01.660><c> future</c><00:33:01.960><c> is</c>

00:33:02.010 --> 00:33:02.020 align:start position:0%
know because the obviously the future is
 

00:33:02.020 --> 00:33:05.730 align:start position:0%
know because the obviously the future is
hard<00:33:02.260><c> to</c><00:33:02.350><c> predict</c><00:33:02.740><c> this</c><00:33:02.920><c> is</c><00:33:02.980><c> our</c><00:33:03.340><c> current</c><00:33:04.740><c> this</c>

00:33:05.730 --> 00:33:05.740 align:start position:0%
hard to predict this is our current this
 

00:33:05.740 --> 00:33:07.320 align:start position:0%
hard to predict this is our current this
Alec<00:33:05.950><c> wants</c><00:33:06.070><c> to</c><00:33:06.280><c> say</c><00:33:06.430><c> something</c><00:33:06.730><c> yeah</c><00:33:07.030><c> so</c><00:33:07.300><c> I</c>

00:33:07.320 --> 00:33:07.330 align:start position:0%
Alec wants to say something yeah so I
 

00:33:07.330 --> 00:33:09.510 align:start position:0%
Alec wants to say something yeah so I
know<00:33:07.600><c> like</c><00:33:08.170><c> another</c><00:33:08.530><c> reason</c><00:33:08.950><c> why</c><00:33:09.130><c> it's</c><00:33:09.340><c> good</c>

00:33:09.510 --> 00:33:09.520 align:start position:0%
know like another reason why it's good
 

00:33:09.520 --> 00:33:12.090 align:start position:0%
know like another reason why it's good
to<00:33:09.670><c> go</c><00:33:09.790><c> this</c><00:33:09.970><c> way</c><00:33:10.150><c> is</c><00:33:10.300><c> because</c><00:33:10.510><c> the</c><00:33:10.930><c> like</c><00:33:11.740><c> the</c>

00:33:12.090 --> 00:33:12.100 align:start position:0%
to go this way is because the like the
 

00:33:12.100 --> 00:33:14.070 align:start position:0%
to go this way is because the like the
ease<00:33:12.280><c> by</c><00:33:12.550><c> far</c><00:33:12.850><c> the</c><00:33:13.000><c> easiest</c><00:33:13.150><c> way</c><00:33:13.720><c> it's</c><00:33:13.900><c> our</c>

00:33:14.070 --> 00:33:14.080 align:start position:0%
ease by far the easiest way it's our
 

00:33:14.080 --> 00:33:17.190 align:start position:0%
ease by far the easiest way it's our
kind<00:33:14.230><c> of</c><00:33:14.910><c> merge</c><00:33:15.910><c> ease</c><00:33:16.180><c> one</c><00:33:16.420><c> into</c><00:33:16.780><c> it</c><00:33:16.900><c> the</c><00:33:16.990><c> REM</c>

00:33:17.190 --> 00:33:17.200 align:start position:0%
kind of merge ease one into it the REM
 

00:33:17.200 --> 00:33:19.950 align:start position:0%
kind of merge ease one into it the REM
2.0<00:33:17.710><c> is</c><00:33:18.010><c> to</c><00:33:18.310><c> basically</c><00:33:18.540><c> turn</c><00:33:19.540><c> it</c><00:33:19.720><c> into</c><00:33:19.870><c> a</c>

00:33:19.950 --> 00:33:19.960 align:start position:0%
2.0 is to basically turn it into a
 

00:33:19.960 --> 00:33:21.600 align:start position:0%
2.0 is to basically turn it into a
stingless<00:33:20.380><c> client</c><00:33:20.740><c> by</c><00:33:20.830><c> default</c><00:33:21.250><c> because</c>

00:33:21.600 --> 00:33:21.610 align:start position:0%
stingless client by default because
 

00:33:21.610 --> 00:33:24.390 align:start position:0%
stingless client by default because
that's<00:33:21.820><c> just</c><00:33:22.030><c> the</c><00:33:22.630><c> way</c><00:33:22.780><c> that</c><00:33:22.960><c> state</c><00:33:23.320><c> is</c><00:33:23.620><c> inside</c>

00:33:24.390 --> 00:33:24.400 align:start position:0%
that's just the way that state is inside
 

00:33:24.400 --> 00:33:26.370 align:start position:0%
that's just the way that state is inside
of<00:33:24.550><c> each</c><00:33:24.640><c> key</c><00:33:24.820><c> works</c><00:33:25.060><c> so</c><00:33:25.690><c> what</c><00:33:25.780><c> actually</c><00:33:25.960><c> kind</c>

00:33:26.370 --> 00:33:26.380 align:start position:0%
of each key works so what actually kind
 

00:33:26.380 --> 00:33:28.290 align:start position:0%
of each key works so what actually kind
of<00:33:26.440><c> makes</c><00:33:26.650><c> the</c><00:33:26.890><c> the</c><00:33:27.430><c> roadmap</c><00:33:27.790><c> stoic</c><00:33:28.090><c> fit</c>

00:33:28.290 --> 00:33:28.300 align:start position:0%
of makes the the roadmap stoic fit
 

00:33:28.300 --> 00:33:31.800 align:start position:0%
of makes the the roadmap stoic fit
together<00:33:28.600><c> very</c><00:33:28.690><c> smoothly</c><00:33:30.450><c> so</c><00:33:31.450><c> the</c><00:33:31.600><c> downside</c>

00:33:31.800 --> 00:33:31.810 align:start position:0%
together very smoothly so the downside
 

00:33:31.810 --> 00:33:34.290 align:start position:0%
together very smoothly so the downside
of<00:33:32.110><c> the</c><00:33:32.350><c> state</c><00:33:32.560><c> is</c><00:33:32.680><c> Cline</c><00:33:33.060><c> related</c><00:33:34.060><c> to</c><00:33:34.210><c> the</c>

00:33:34.290 --> 00:33:34.300 align:start position:0%
of the state is Cline related to the
 

00:33:34.300 --> 00:33:36.270 align:start position:0%
of the state is Cline related to the
state<00:33:34.510><c> rent</c><00:33:34.720><c> is</c><00:33:34.930><c> that</c><00:33:35.110><c> there</c><00:33:35.620><c> will</c><00:33:35.800><c> have</c><00:33:36.010><c> to</c><00:33:36.070><c> be</c>

00:33:36.270 --> 00:33:36.280 align:start position:0%
state rent is that there will have to be
 

00:33:36.280 --> 00:33:38.640 align:start position:0%
state rent is that there will have to be
no<00:33:36.760><c> the</c><00:33:36.970><c> network</c><00:33:37.360><c> that</c><00:33:37.570><c> still</c><00:33:38.230><c> hold</c><00:33:38.530><c> the</c>

00:33:38.640 --> 00:33:38.650 align:start position:0%
no the network that still hold the
 

00:33:38.650 --> 00:33:42.420 align:start position:0%
no the network that still hold the
entire<00:33:38.890><c> state</c><00:33:39.220><c> but</c><00:33:40.090><c> the</c><00:33:41.020><c> this</c><00:33:41.980><c> requirement</c>

00:33:42.420 --> 00:33:42.430 align:start position:0%
entire state but the this requirement
 

00:33:42.430 --> 00:33:47.190 align:start position:0%
entire state but the this requirement
will<00:33:42.850><c> not</c><00:33:43.090><c> will</c><00:33:43.840><c> not</c><00:33:43.870><c> be</c><00:33:44.460><c> for</c><00:33:45.460><c> every</c><00:33:46.200><c> basically</c>

00:33:47.190 --> 00:33:47.200 align:start position:0%
will not will not be for every basically
 

00:33:47.200 --> 00:33:49.500 align:start position:0%
will not will not be for every basically
phone<00:33:47.350><c> out</c><00:33:47.530><c> so</c><00:33:47.560><c> they</c><00:33:48.400><c> will</c><00:33:48.640><c> be</c><00:33:48.790><c> still</c><00:33:49.060><c> somebody</c>

00:33:49.500 --> 00:33:49.510 align:start position:0%
phone out so they will be still somebody
 

00:33:49.510 --> 00:33:52.170 align:start position:0%
phone out so they will be still somebody
has<00:33:49.720><c> to</c><00:33:49.900><c> have</c><00:33:50.050><c> all</c><00:33:50.320><c> the</c><00:33:50.440><c> entire</c><00:33:50.680><c> state</c><00:33:50.980><c> but</c><00:33:51.940><c> we</c>

00:33:52.170 --> 00:33:52.180 align:start position:0%
has to have all the entire state but we
 

00:33:52.180 --> 00:33:55.440 align:start position:0%
has to have all the entire state but we
hope<00:33:52.390><c> that</c><00:33:52.690><c> this</c><00:33:52.960><c> is</c><00:33:53.640><c> you</c><00:33:54.640><c> know</c><00:33:54.760><c> as</c><00:33:55.030><c> long</c><00:33:55.390><c> as</c>

00:33:55.440 --> 00:33:55.450 align:start position:0%
hope that this is you know as long as
 

00:33:55.450 --> 00:33:57.480 align:start position:0%
hope that this is you know as long as
not<00:33:55.750><c> everybody</c><00:33:56.200><c> needs</c><00:33:56.350><c> to</c><00:33:56.560><c> do</c><00:33:56.680><c> that</c><00:33:56.920><c> it</c><00:33:57.250><c> will</c>

00:33:57.480 --> 00:33:57.490 align:start position:0%
not everybody needs to do that it will
 

00:33:57.490 --> 00:33:58.370 align:start position:0%
not everybody needs to do that it will
be<00:33:57.640><c> better</c>

00:33:58.370 --> 00:33:58.380 align:start position:0%
be better
 

00:33:58.380 --> 00:34:01.560 align:start position:0%
be better
so<00:33:59.380><c> one</c><00:33:59.830><c> kind</c><00:34:00.220><c> of</c><00:34:00.340><c> hard</c><00:34:01.210><c> thing</c><00:34:01.540><c> about</c>

00:34:01.560 --> 00:34:01.570 align:start position:0%
so one kind of hard thing about
 

00:34:01.570 --> 00:34:03.450 align:start position:0%
so one kind of hard thing about
stateless<00:34:02.290><c> clients</c><00:34:02.830><c> that</c><00:34:02.980><c> I</c><00:34:03.010><c> think</c><00:34:03.310><c> it's</c>

00:34:03.450 --> 00:34:03.460 align:start position:0%
stateless clients that I think it's
 

00:34:03.460 --> 00:34:05.340 align:start position:0%
stateless clients that I think it's
important<00:34:04.030><c> to</c><00:34:04.180><c> be</c><00:34:04.300><c> very</c><00:34:04.330><c> transparent</c><00:34:05.050><c> and</c>

00:34:05.340 --> 00:34:05.350 align:start position:0%
important to be very transparent and
 

00:34:05.350 --> 00:34:08.490 align:start position:0%
important to be very transparent and
clear<00:34:05.500><c> about</c><00:34:05.800><c> is</c><00:34:06.130><c> that</c><00:34:06.330><c> meet</c><00:34:07.330><c> the</c><00:34:07.840><c> making</c>

00:34:08.490 --> 00:34:08.500 align:start position:0%
clear about is that meet the making
 

00:34:08.500 --> 00:34:11.070 align:start position:0%
clear about is that meet the making
stateless<00:34:09.040><c> clients</c><00:34:09.580><c> work</c><00:34:09.940><c> well</c><00:34:10.330><c> ultimately</c>

00:34:11.070 --> 00:34:11.080 align:start position:0%
stateless clients work well ultimately
 

00:34:11.080 --> 00:34:13.920 align:start position:0%
stateless clients work well ultimately
will<00:34:12.010><c> require</c><00:34:12.520><c> the</c><00:34:12.880><c> basically</c><00:34:13.540><c> the</c><00:34:13.720><c> same</c>

00:34:13.920 --> 00:34:13.930 align:start position:0%
will require the basically the same
 

00:34:13.930 --> 00:34:16.320 align:start position:0%
will require the basically the same
kinds<00:34:14.380><c> of</c><00:34:14.530><c> kind</c><00:34:14.980><c> of</c><00:34:15.040><c> gas</c><00:34:15.250><c> cost</c><00:34:15.490><c> sacrifices</c>

00:34:16.320 --> 00:34:16.330 align:start position:0%
kinds of kind of gas cost sacrifices
 

00:34:16.330 --> 00:34:17.520 align:start position:0%
kinds of kind of gas cost sacrifices
that<00:34:16.360><c> we</c><00:34:16.630><c> talk</c><00:34:16.810><c> that</c><00:34:17.230><c> we</c>

00:34:17.520 --> 00:34:17.530 align:start position:0%
that we talk that we
 

00:34:17.530 --> 00:34:19.980 align:start position:0%
that we talk that we
but<00:34:17.830><c> in</c><00:34:17.919><c> the</c><00:34:17.980><c> first</c><00:34:18.100><c> question</c><00:34:18.730><c> but</c><00:34:18.990><c> probably</c>

00:34:19.980 --> 00:34:19.990 align:start position:0%
but in the first question but probably
 

00:34:19.990 --> 00:34:22.860 align:start position:0%
but in the first question but probably
to<00:34:20.230><c> an</c><00:34:20.620><c> to</c><00:34:21.250><c> an</c><00:34:21.400><c> even</c><00:34:21.640><c> greater</c><00:34:21.820><c> scale</c><00:34:22.210><c> right</c><00:34:22.630><c> so</c>

00:34:22.860 --> 00:34:22.870 align:start position:0%
to an to an even greater scale right so
 

00:34:22.870 --> 00:34:26.940 align:start position:0%
to an to an even greater scale right so
for<00:34:23.110><c> example</c><00:34:23.710><c> the</c><00:34:24.700><c> witness</c><00:34:25.360><c> size</c><00:34:26.050><c> so</c><00:34:26.500><c> the</c><00:34:26.650><c> size</c>

00:34:26.940 --> 00:34:26.950 align:start position:0%
for example the witness size so the size
 

00:34:26.950 --> 00:34:29.100 align:start position:0%
for example the witness size so the size
of<00:34:27.400><c> like</c><00:34:27.730><c> extra</c><00:34:28.150><c> Merkel</c><00:34:28.450><c> data</c><00:34:28.690><c> that</c><00:34:28.929><c> you</c><00:34:29.020><c> would</c>

00:34:29.100 --> 00:34:29.110 align:start position:0%
of like extra Merkel data that you would
 

00:34:29.110 --> 00:34:32.850 align:start position:0%
of like extra Merkel data that you would
needs<00:34:29.320><c> to</c><00:34:29.530><c> pass</c><00:34:29.770><c> for</c><00:34:30.669><c> to</c><00:34:31.050><c> verify</c><00:34:32.050><c> a</c><00:34:32.320><c> worst</c><00:34:32.679><c> case</c>

00:34:32.850 --> 00:34:32.860 align:start position:0%
needs to pass for to verify a worst case
 

00:34:32.860 --> 00:34:34.740 align:start position:0%
needs to pass for to verify a worst case
block<00:34:33.429><c> right</c><00:34:33.669><c> now</c><00:34:33.880><c> is</c><00:34:34.210><c> about</c><00:34:34.480><c> three</c><00:34:34.690><c> hundred</c>

00:34:34.740 --> 00:34:34.750 align:start position:0%
block right now is about three hundred
 

00:34:34.750 --> 00:34:36.899 align:start position:0%
block right now is about three hundred
and<00:34:35.050><c> thirty</c><00:34:35.440><c> megabytes</c><00:34:36.010><c> and</c><00:34:36.250><c> that's</c>

00:34:36.899 --> 00:34:36.909 align:start position:0%
and thirty megabytes and that's
 

00:34:36.909 --> 00:34:39.090 align:start position:0%
and thirty megabytes and that's
basically<00:34:37.330><c> because</c><00:34:37.570><c> you</c><00:34:38.140><c> have</c><00:34:38.620><c> contracts</c>

00:34:39.090 --> 00:34:39.100 align:start position:0%
basically because you have contracts
 

00:34:39.100 --> 00:34:40.800 align:start position:0%
basically because you have contracts
calling<00:34:39.460><c> that</c><00:34:39.610><c> seven</c><00:34:39.880><c> hundred</c><00:34:39.909><c> gasps</c><00:34:40.360><c> twenty</c>

00:34:40.800 --> 00:34:40.810 align:start position:0%
calling that seven hundred gasps twenty
 

00:34:40.810 --> 00:34:42.780 align:start position:0%
calling that seven hundred gasps twenty
four<00:34:41.020><c> thousand</c><00:34:41.470><c> gasps</c><00:34:41.650><c> for</c><00:34:41.919><c> a</c><00:34:41.950><c> contract</c><00:34:42.520><c> and</c>

00:34:42.780 --> 00:34:42.790 align:start position:0%
four thousand gasps for a contract and
 

00:34:42.790 --> 00:34:44.010 align:start position:0%
four thousand gasps for a contract and
then<00:34:42.880><c> add</c><00:34:43.060><c> four</c><00:34:43.300><c> thousand</c><00:34:43.630><c> bytes</c><00:34:43.750><c> for</c><00:34:43.990><c> a</c>

00:34:44.010 --> 00:34:44.020 align:start position:0%
then add four thousand bytes for a
 

00:34:44.020 --> 00:34:46.860 align:start position:0%
then add four thousand bytes for a
witness<00:34:44.320><c> twenty</c><00:34:44.620><c> eight</c><00:34:44.740><c> thousand</c><00:34:45.190><c> x</c><00:34:45.870><c> fourteen</c>

00:34:46.860 --> 00:34:46.870 align:start position:0%
witness twenty eight thousand x fourteen
 

00:34:46.870 --> 00:34:48.659 align:start position:0%
witness twenty eight thousand x fourteen
hundred<00:34:47.320><c> and</c><00:34:47.620><c> like</c><00:34:47.800><c> you've</c><00:34:47.950><c> got</c><00:34:48.070><c> you've</c><00:34:48.640><c> got</c>

00:34:48.659 --> 00:34:48.669 align:start position:0%
hundred and like you've got you've got
 

00:34:48.669 --> 00:34:50.130 align:start position:0%
hundred and like you've got you've got
your<00:34:48.880><c> hundreds</c><00:34:49.179><c> of</c><00:34:49.300><c> megabytes</c><00:34:49.570><c> right</c><00:34:49.929><c> there</c>

00:34:50.130 --> 00:34:50.140 align:start position:0%
your hundreds of megabytes right there
 

00:34:50.140 --> 00:34:53.190 align:start position:0%
your hundreds of megabytes right there
so<00:34:50.950><c> and</c><00:34:51.490><c> then</c><00:34:52.210><c> there's</c><00:34:52.510><c> kind</c><00:34:52.780><c> of</c><00:34:52.840><c> smaller</c>

00:34:53.190 --> 00:34:53.200 align:start position:0%
so and then there's kind of smaller
 

00:34:53.200 --> 00:34:55.200 align:start position:0%
so and then there's kind of smaller
versions<00:34:53.770><c> of</c><00:34:53.950><c> this</c><00:34:54.130><c> attack</c><00:34:54.550><c> with</c><00:34:54.820><c> things</c><00:34:55.030><c> like</c>

00:34:55.200 --> 00:34:55.210 align:start position:0%
versions of this attack with things like
 

00:34:55.210 --> 00:34:57.300 align:start position:0%
versions of this attack with things like
the<00:34:55.390><c> balance</c><00:34:55.720><c> off</c><00:34:55.900><c> code</c><00:34:56.110><c> SSO</c><00:34:56.770><c> load</c><00:34:56.919><c> and</c><00:34:57.100><c> all</c><00:34:57.190><c> of</c>

00:34:57.300 --> 00:34:57.310 align:start position:0%
the balance off code SSO load and all of
 

00:34:57.310 --> 00:35:00.270 align:start position:0%
the balance off code SSO load and all of
those<00:34:57.430><c> things</c><00:34:57.790><c> so</c><00:34:58.510><c> I</c><00:34:58.990><c> think</c><00:34:59.530><c> we</c><00:35:00.010><c> will</c>

00:35:00.270 --> 00:35:00.280 align:start position:0%
those things so I think we will
 

00:35:00.280 --> 00:35:02.760 align:start position:0%
those things so I think we will
ultimately<00:35:00.640><c> need</c><00:35:01.390><c> to</c><00:35:01.630><c> have</c><00:35:01.780><c> changes</c><00:35:02.320><c> that</c><00:35:02.530><c> say</c>

00:35:02.760 --> 00:35:02.770 align:start position:0%
ultimately need to have changes that say
 

00:35:02.770 --> 00:35:04.890 align:start position:0%
ultimately need to have changes that say
like<00:35:03.010><c> one</c><00:35:03.310><c> the</c><00:35:04.000><c> gasps</c><00:35:04.180><c> cost</c><00:35:04.510><c> for</c><00:35:04.780><c> these</c>

00:35:04.890 --> 00:35:04.900 align:start position:0%
like one the gasps cost for these
 

00:35:04.900 --> 00:35:07.410 align:start position:0%
like one the gasps cost for these
storage<00:35:05.200><c> accessing</c><00:35:05.830><c> of</c><00:35:05.950><c> course</c><00:35:06.270><c> opcodes</c><00:35:07.270><c> go</c><00:35:07.390><c> a</c>

00:35:07.410 --> 00:35:07.420 align:start position:0%
storage accessing of course opcodes go a
 

00:35:07.420 --> 00:35:11.640 align:start position:0%
storage accessing of course opcodes go a
lot<00:35:07.570><c> more</c><00:35:08.010><c> to</c><00:35:09.010><c> is</c><00:35:09.880><c> that</c><00:35:10.360><c> the</c><00:35:10.540><c> gas</c><00:35:10.870><c> cost</c><00:35:11.290><c> for</c>

00:35:11.640 --> 00:35:11.650 align:start position:0%
lot more to is that the gas cost for
 

00:35:11.650 --> 00:35:14.190 align:start position:0%
lot more to is that the gas cost for
accessing<00:35:12.480><c> contracts</c><00:35:13.480><c> that</c><00:35:13.660><c> have</c><00:35:13.720><c> a</c><00:35:13.870><c> large</c>

00:35:14.190 --> 00:35:14.200 align:start position:0%
accessing contracts that have a large
 

00:35:14.200 --> 00:35:16.050 align:start position:0%
accessing contracts that have a large
storage<00:35:14.590><c> like</c><00:35:15.070><c> what</c><00:35:15.250><c> needs</c><00:35:15.430><c> to</c><00:35:15.490><c> go</c><00:35:15.670><c> up</c><00:35:15.790><c> even</c>

00:35:16.050 --> 00:35:16.060 align:start position:0%
storage like what needs to go up even
 

00:35:16.060 --> 00:35:18.750 align:start position:0%
storage like what needs to go up even
further<00:35:16.240><c> right</c><00:35:16.570><c> so</c><00:35:16.780><c> for</c><00:35:16.960><c> example</c><00:35:17.530><c> charge</c><00:35:18.250><c> one</c>

00:35:18.750 --> 00:35:18.760 align:start position:0%
further right so for example charge one
 

00:35:18.760 --> 00:35:20.670 align:start position:0%
further right so for example charge one
gasp<00:35:19.000><c> provide</c><00:35:19.510><c> of</c><00:35:19.690><c> provide</c><00:35:20.110><c> of</c><00:35:20.260><c> code</c><00:35:20.470><c> that</c><00:35:20.500><c> you</c>

00:35:20.670 --> 00:35:20.680 align:start position:0%
gasp provide of provide of code that you
 

00:35:20.680 --> 00:35:22.920 align:start position:0%
gasp provide of provide of code that you
read<00:35:20.950><c> and</c><00:35:21.580><c> if</c><00:35:21.730><c> we</c><00:35:21.880><c> want</c><00:35:22.060><c> to</c><00:35:22.150><c> make</c><00:35:22.330><c> this</c><00:35:22.480><c> nicer</c>

00:35:22.920 --> 00:35:22.930 align:start position:0%
read and if we want to make this nicer
 

00:35:22.930 --> 00:35:24.930 align:start position:0%
read and if we want to make this nicer
one<00:35:23.200><c> thing</c><00:35:23.500><c> we</c><00:35:23.620><c> could</c><00:35:23.830><c> do</c><00:35:24.010><c> for</c><00:35:24.220><c> example</c><00:35:24.250><c> is</c><00:35:24.820><c> we</c>

00:35:24.930 --> 00:35:24.940 align:start position:0%
one thing we could do for example is we
 

00:35:24.940 --> 00:35:26.310 align:start position:0%
one thing we could do for example is we
could<00:35:25.120><c> waive</c><00:35:25.360><c> the</c><00:35:25.570><c> extra</c><00:35:25.900><c> fee</c><00:35:26.080><c> if</c><00:35:26.200><c> the</c>

00:35:26.310 --> 00:35:26.320 align:start position:0%
could waive the extra fee if the
 

00:35:26.320 --> 00:35:28.440 align:start position:0%
could waive the extra fee if the
contract<00:35:26.770><c> was</c><00:35:26.950><c> accessed</c><00:35:27.400><c> say</c><00:35:28.060><c> within</c><00:35:28.360><c> the</c>

00:35:28.440 --> 00:35:28.450 align:start position:0%
contract was accessed say within the
 

00:35:28.450 --> 00:35:30.510 align:start position:0%
contract was accessed say within the
last<00:35:28.630><c> ten</c><00:35:28.840><c> thousand</c><00:35:29.230><c> blocks</c><00:35:29.410><c> and</c><00:35:29.710><c> that</c><00:35:30.340><c> would</c>

00:35:30.510 --> 00:35:30.520 align:start position:0%
last ten thousand blocks and that would
 

00:35:30.520 --> 00:35:33.180 align:start position:0%
last ten thousand blocks and that would
reflect<00:35:30.850><c> the</c><00:35:31.360><c> kind</c><00:35:31.690><c> of</c><00:35:31.810><c> the</c><00:35:32.320><c> actual</c><00:35:32.710><c> load</c><00:35:32.980><c> of</c>

00:35:33.180 --> 00:35:33.190 align:start position:0%
reflect the kind of the actual load of
 

00:35:33.190 --> 00:35:34.830 align:start position:0%
reflect the kind of the actual load of
kind<00:35:33.370><c> of</c><00:35:33.460><c> quote</c><00:35:33.670><c> almost</c><00:35:33.910><c> stateless</c><00:35:34.450><c> clients</c>

00:35:34.830 --> 00:35:34.840 align:start position:0%
kind of quote almost stateless clients
 

00:35:34.840 --> 00:35:36.060 align:start position:0%
kind of quote almost stateless clients
that<00:35:34.990><c> keep</c><00:35:35.110><c> stayed</c><00:35:35.350><c> around</c><00:35:35.470><c> for</c><00:35:35.800><c> a</c><00:35:35.830><c> little</c><00:35:35.920><c> bit</c>

00:35:36.060 --> 00:35:36.070 align:start position:0%
that keep stayed around for a little bit
 

00:35:36.070 --> 00:35:40.590 align:start position:0%
that keep stayed around for a little bit
of<00:35:36.310><c> time</c><00:35:36.520><c> so</c><00:35:37.620><c> like</c><00:35:38.620><c> those</c><00:35:39.400><c> kinds</c><00:35:39.880><c> of</c><00:35:40.000><c> like</c><00:35:40.210><c> that</c>

00:35:40.590 --> 00:35:40.600 align:start position:0%
of time so like those kinds of like that
 

00:35:40.600 --> 00:35:42.990 align:start position:0%
of time so like those kinds of like that
kind<00:35:40.930><c> of</c><00:35:40.990><c> rebalancing</c><00:35:41.800><c> would</c><00:35:42.460><c> need</c><00:35:42.730><c> to</c><00:35:42.880><c> be</c>

00:35:42.990 --> 00:35:43.000 align:start position:0%
kind of rebalancing would need to be
 

00:35:43.000 --> 00:35:44.730 align:start position:0%
kind of rebalancing would need to be
thought<00:35:43.240><c> thought</c><00:35:43.870><c> about</c><00:35:44.080><c> as</c><00:35:44.230><c> well</c><00:35:44.410><c> so</c>

00:35:44.730 --> 00:35:44.740 align:start position:0%
thought thought about as well so
 

00:35:44.740 --> 00:35:46.860 align:start position:0%
thought thought about as well so
basically<00:35:44.860><c> kind</c><00:35:45.430><c> of</c><00:35:45.580><c> for</c><00:35:46.240><c> multiple</c><00:35:46.720><c> reasons</c>

00:35:46.860 --> 00:35:46.870 align:start position:0%
basically kind of for multiple reasons
 

00:35:46.870 --> 00:35:49.890 align:start position:0%
basically kind of for multiple reasons
like<00:35:47.700><c> developers</c><00:35:48.700><c> should</c><00:35:49.030><c> expect</c><00:35:49.480><c> that</c><00:35:49.660><c> kind</c>

00:35:49.890 --> 00:35:49.900 align:start position:0%
like developers should expect that kind
 

00:35:49.900 --> 00:35:52.740 align:start position:0%
like developers should expect that kind
of<00:35:50.080><c> IO</c><00:35:50.530><c> is</c><00:35:51.010><c> likely</c><00:35:51.280><c> to</c><00:35:51.610><c> storage</c><00:35:52.390><c> reading</c>

00:35:52.740 --> 00:35:52.750 align:start position:0%
of IO is likely to storage reading
 

00:35:52.750 --> 00:35:54.570 align:start position:0%
of IO is likely to storage reading
account<00:35:53.290><c> reading</c><00:35:53.650><c> cross</c><00:35:53.860><c> contract</c><00:35:54.310><c> calling</c>

00:35:54.570 --> 00:35:54.580 align:start position:0%
account reading cross contract calling
 

00:35:54.580 --> 00:35:55.890 align:start position:0%
account reading cross contract calling
is<00:35:54.670><c> likely</c><00:35:54.880><c> to</c><00:35:55.060><c> get</c><00:35:55.180><c> more</c><00:35:55.360><c> expensive</c><00:35:55.810><c> relative</c>

00:35:55.890 --> 00:35:55.900 align:start position:0%
is likely to get more expensive relative
 

00:35:55.900 --> 00:35:59.760 align:start position:0%
is likely to get more expensive relative
to<00:35:56.230><c> other</c><00:35:56.350><c> things</c><00:35:57.900><c> just</c><00:35:58.900><c> to</c><00:35:58.990><c> pause</c><00:35:59.170><c> this</c><00:35:59.380><c> topic</c>

00:35:59.760 --> 00:35:59.770 align:start position:0%
to other things just to pause this topic
 

00:35:59.770 --> 00:36:00.810 align:start position:0%
to other things just to pause this topic
for<00:35:59.920><c> a</c><00:35:59.950><c> second</c><00:36:00.280><c> I</c><00:36:00.310><c> wanted</c><00:36:00.550><c> to</c><00:36:00.610><c> introduce</c>

00:36:00.810 --> 00:36:00.820 align:start position:0%
for a second I wanted to introduce
 

00:36:00.820 --> 00:36:03.930 align:start position:0%
for a second I wanted to introduce
somebody<00:36:01.210><c> just</c><00:36:01.480><c> got</c><00:36:01.660><c> here</c><00:36:02.010><c> Felix</c><00:36:03.010><c> Felix</c><00:36:03.700><c> take</c>

00:36:03.930 --> 00:36:03.940 align:start position:0%
somebody just got here Felix Felix take
 

00:36:03.940 --> 00:36:04.830 align:start position:0%
somebody just got here Felix Felix take
the<00:36:04.030><c> mic</c><00:36:04.210><c> and</c><00:36:04.330><c> just</c><00:36:04.390><c> give</c><00:36:04.570><c> a</c><00:36:04.600><c> quick</c>

00:36:04.830 --> 00:36:04.840 align:start position:0%
the mic and just give a quick
 

00:36:04.840 --> 00:36:06.060 align:start position:0%
the mic and just give a quick
introduction<00:36:05.200><c> he</c><00:36:05.470><c> works</c><00:36:05.620><c> on</c><00:36:05.740><c> some</c><00:36:05.920><c> of</c><00:36:06.010><c> the</c>

00:36:06.060 --> 00:36:06.070 align:start position:0%
introduction he works on some of the
 

00:36:06.070 --> 00:36:09.240 align:start position:0%
introduction he works on some of the
networking<00:36:06.490><c> stack</c><00:36:06.910><c> yeah</c><00:36:07.900><c> I'm</c><00:36:08.290><c> Felix</c><00:36:08.620><c> I</c><00:36:08.800><c> work</c>

00:36:09.240 --> 00:36:09.250 align:start position:0%
networking stack yeah I'm Felix I work
 

00:36:09.250 --> 00:36:12.930 align:start position:0%
networking stack yeah I'm Felix I work
on<00:36:09.430><c> guest</c><00:36:09.640><c> on</c><00:36:09.880><c> on</c><00:36:10.420><c> the</c><00:36:10.660><c> networking</c><00:36:11.140><c> uh</c><00:36:11.980><c> I</c><00:36:12.340><c> just</c>

00:36:12.930 --> 00:36:12.940 align:start position:0%
on guest on on the networking uh I just
 

00:36:12.940 --> 00:36:14.850 align:start position:0%
on guest on on the networking uh I just
got<00:36:13.150><c> here</c><00:36:13.300><c> from</c><00:36:13.360><c> another</c><00:36:13.840><c> a</c><00:36:14.020><c> I</c><00:36:14.050><c> missed</c><00:36:14.710><c> the</c>

00:36:14.850 --> 00:36:14.860 align:start position:0%
got here from another a I missed the
 

00:36:14.860 --> 00:36:17.970 align:start position:0%
got here from another a I missed the
beginning<00:36:15.220><c> so</c><00:36:15.400><c> I</c><00:36:15.430><c> don't</c><00:36:15.700><c> really</c><00:36:15.880><c> know</c><00:36:16.980><c> what</c>

00:36:17.970 --> 00:36:17.980 align:start position:0%
beginning so I don't really know what
 

00:36:17.980 --> 00:36:19.320 align:start position:0%
beginning so I don't really know what
you<00:36:18.100><c> guys</c><00:36:18.220><c> talking</c><00:36:18.550><c> about</c><00:36:18.580><c> what</c><00:36:18.700><c> I</c><00:36:18.880><c> hear</c><00:36:19.180><c> it's</c>

00:36:19.320 --> 00:36:19.330 align:start position:0%
you guys talking about what I hear it's
 

00:36:19.330 --> 00:36:20.970 align:start position:0%
you guys talking about what I hear it's
mostly<00:36:19.600><c> been</c><00:36:19.840><c> about</c><00:36:19.870><c> stateless</c><00:36:20.440><c> fans</c><00:36:20.680><c> which</c>

00:36:20.970 --> 00:36:20.980 align:start position:0%
mostly been about stateless fans which
 

00:36:20.980 --> 00:36:23.310 align:start position:0%
mostly been about stateless fans which
is<00:36:21.130><c> actually</c><00:36:21.640><c> which</c><00:36:21.820><c> add</c><00:36:22.150><c> also</c><00:36:22.930><c> huge</c>

00:36:23.310 --> 00:36:23.320 align:start position:0%
is actually which add also huge
 

00:36:23.320 --> 00:36:25.590 align:start position:0%
is actually which add also huge
challenges<00:36:23.860><c> on</c><00:36:24.070><c> the</c><00:36:24.280><c> on</c><00:36:24.790><c> the</c><00:36:25.120><c> networking</c><00:36:25.450><c> side</c>

00:36:25.590 --> 00:36:25.600 align:start position:0%
challenges on the on the networking side
 

00:36:25.600 --> 00:36:28.800 align:start position:0%
challenges on the on the networking side
so<00:36:26.020><c> I</c><00:36:26.080><c> feel</c><00:36:26.350><c> like</c><00:36:26.380><c> the</c><00:36:27.450><c> status</c><00:36:28.450><c> lines</c><00:36:28.660><c> is</c>

00:36:28.800 --> 00:36:28.810 align:start position:0%
so I feel like the status lines is
 

00:36:28.810 --> 00:36:31.260 align:start position:0%
so I feel like the status lines is
basically<00:36:29.170><c> just</c><00:36:29.560><c> this</c><00:36:29.980><c> unsolved</c><00:36:30.580><c> is</c><00:36:30.760><c> like</c>

00:36:31.260 --> 00:36:31.270 align:start position:0%
basically just this unsolved is like
 

00:36:31.270 --> 00:36:33.120 align:start position:0%
basically just this unsolved is like
any<00:36:31.630><c> other</c><00:36:32.260><c> problem</c><00:36:32.619><c> there</c><00:36:32.860><c> has</c><00:36:32.980><c> been</c>

00:36:33.120 --> 00:36:33.130 align:start position:0%
any other problem there has been
 

00:36:33.130 --> 00:36:34.859 align:start position:0%
any other problem there has been
progress<00:36:33.430><c> but</c><00:36:33.700><c> it's</c><00:36:34.090><c> not</c><00:36:34.270><c> really</c><00:36:34.630><c> something</c>

00:36:34.859 --> 00:36:34.869 align:start position:0%
progress but it's not really something
 

00:36:34.869 --> 00:36:37.830 align:start position:0%
progress but it's not really something
that<00:36:35.230><c> we</c><00:36:35.740><c> can</c><00:36:35.920><c> honestly</c><00:36:36.070><c> say</c><00:36:36.460><c> like</c><00:36:36.760><c> it's</c><00:36:36.970><c> easy</c>

00:36:37.830 --> 00:36:37.840 align:start position:0%
that we can honestly say like it's easy
 

00:36:37.840 --> 00:36:40.680 align:start position:0%
that we can honestly say like it's easy
to<00:36:38.050><c> pull</c><00:36:38.470><c> off</c><00:36:38.500><c> like</c><00:36:39.430><c> yeah</c><00:36:40.000><c> I</c><00:36:40.030><c> would</c><00:36:40.270><c> I</c><00:36:40.480><c> would</c>

00:36:40.680 --> 00:36:40.690 align:start position:0%
to pull off like yeah I would I would
 

00:36:40.690 --> 00:36:42.480 align:start position:0%
to pull off like yeah I would I would
use<00:36:40.869><c> the</c><00:36:41.020><c> same</c><00:36:41.200><c> analogy</c><00:36:41.440><c> as</c><00:36:41.770><c> for</c><00:36:42.040><c> quantum</c>

00:36:42.480 --> 00:36:42.490 align:start position:0%
use the same analogy as for quantum
 

00:36:42.490 --> 00:36:45.900 align:start position:0%
use the same analogy as for quantum
computers<00:36:42.910><c> I've</c><00:36:43.240><c> heard</c><00:36:43.570><c> like</c><00:36:44.050><c> to</c><00:36:44.410><c> as</c><00:36:45.070><c> I've</c>

00:36:45.900 --> 00:36:45.910 align:start position:0%
computers I've heard like to as I've
 

00:36:45.910 --> 00:36:48.390 align:start position:0%
computers I've heard like to as I've
heard<00:36:46.240><c> about</c><00:36:46.360><c> two</c><00:36:46.690><c> years</c><00:36:46.869><c> ago</c><00:36:47.020><c> that</c><00:36:47.500><c> in</c><00:36:47.800><c> terms</c>

00:36:48.390 --> 00:36:48.400 align:start position:0%
heard about two years ago that in terms
 

00:36:48.400 --> 00:36:51.600 align:start position:0%
heard about two years ago that in terms
of<00:36:48.580><c> quantum</c><00:36:49.030><c> computers</c><00:36:49.510><c> all</c><00:36:50.200><c> the</c><00:36:50.530><c> all</c><00:36:51.369><c> the</c>

00:36:51.600 --> 00:36:51.610 align:start position:0%
of quantum computers all the all the
 

00:36:51.610 --> 00:36:53.460 align:start position:0%
of quantum computers all the all the
fundamental<00:36:52.210><c> challenges</c><00:36:52.660><c> have</c><00:36:52.869><c> been</c><00:36:53.050><c> solved</c>

00:36:53.460 --> 00:36:53.470 align:start position:0%
fundamental challenges have been solved
 

00:36:53.470 --> 00:36:55.740 align:start position:0%
fundamental challenges have been solved
now<00:36:53.830><c> it's</c><00:36:54.070><c> the</c><00:36:54.250><c> matter</c><00:36:54.460><c> of</c><00:36:54.610><c> engineering</c><00:36:55.300><c> to</c>

00:36:55.740 --> 00:36:55.750 align:start position:0%
now it's the matter of engineering to
 

00:36:55.750 --> 00:36:59.460 align:start position:0%
now it's the matter of engineering to
get<00:36:55.869><c> to</c><00:36:56.080><c> build</c><00:36:56.290><c> one</c><00:36:56.530><c> I</c><00:36:57.600><c> mean</c><00:36:58.600><c> it's</c><00:36:58.810><c> it's</c><00:36:59.170><c> so</c>

00:36:59.460 --> 00:36:59.470 align:start position:0%
get to build one I mean it's it's so
 

00:36:59.470 --> 00:37:03.150 align:start position:0%
get to build one I mean it's it's so
there<00:37:00.340><c> is</c><00:37:00.460><c> no</c><00:37:00.700><c> real</c><00:37:01.240><c> kind</c><00:37:01.990><c> of</c><00:37:02.080><c> super</c><00:37:02.740><c> complex</c>

00:37:03.150 --> 00:37:03.160 align:start position:0%
there is no real kind of super complex
 

00:37:03.160 --> 00:37:05.490 align:start position:0%
there is no real kind of super complex
stuff<00:37:03.550><c> in</c><00:37:03.850><c> stateless</c><00:37:04.300><c> Minds</c><00:37:04.570><c> that</c><00:37:04.840><c> the</c><00:37:05.140><c> idea</c>

00:37:05.490 --> 00:37:05.500 align:start position:0%
stuff in stateless Minds that the idea
 

00:37:05.500 --> 00:37:07.500 align:start position:0%
stuff in stateless Minds that the idea
is<00:37:05.560><c> super</c><00:37:05.740><c> simple</c><00:37:06.040><c> you</c><00:37:06.430><c> can</c><00:37:06.820><c> yes</c><00:37:07.119><c> there</c><00:37:07.360><c> would</c>

00:37:07.500 --> 00:37:07.510 align:start position:0%
is super simple you can yes there would
 

00:37:07.510 --> 00:37:08.850 align:start position:0%
is super simple you can yes there would
be<00:37:07.540><c> more</c><00:37:07.900><c> you</c><00:37:08.470><c> know</c>

00:37:08.850 --> 00:37:08.860 align:start position:0%
be more you know
 

00:37:08.860 --> 00:37:10.800 align:start position:0%
be more you know
shuffling<00:37:09.670><c> that</c><00:37:09.880><c> data</c><00:37:10.210><c> around</c><00:37:10.450><c> the</c><00:37:10.630><c> network</c>

00:37:10.800 --> 00:37:10.810 align:start position:0%
shuffling that data around the network
 

00:37:10.810 --> 00:37:13.230 align:start position:0%
shuffling that data around the network
there<00:37:11.500><c> would</c><00:37:11.650><c> be</c><00:37:11.680><c> some</c><00:37:11.920><c> issues</c><00:37:12.250><c> with</c><00:37:12.400><c> that</c><00:37:12.490><c> but</c>

00:37:13.230 --> 00:37:13.240 align:start position:0%
there would be some issues with that but
 

00:37:13.240 --> 00:37:16.880 align:start position:0%
there would be some issues with that but
I<00:37:13.480><c> don't</c><00:37:13.750><c> see</c><00:37:13.990><c> them</c><00:37:14.290><c> as</c><00:37:14.350><c> being</c><00:37:14.770><c> fundamental</c>

00:37:16.880 --> 00:37:16.890 align:start position:0%
I don't see them as being fundamental
 

00:37:16.890 --> 00:37:21.720 align:start position:0%
I don't see them as being fundamental
can<00:37:17.890><c> I</c><00:37:18.040><c> interrupt</c><00:37:19.170><c> so</c><00:37:20.170><c> I</c><00:37:20.470><c> I</c><00:37:20.980><c> think</c><00:37:21.490><c> there</c><00:37:21.700><c> are</c>

00:37:21.720 --> 00:37:21.730 align:start position:0%
can I interrupt so I I think there are
 

00:37:21.730 --> 00:37:23.670 align:start position:0%
can I interrupt so I I think there are
really<00:37:22.270><c> fundamental</c><00:37:22.600><c> issues</c><00:37:23.200><c> there</c><00:37:23.380><c> so</c><00:37:23.560><c> the</c>

00:37:23.670 --> 00:37:23.680 align:start position:0%
really fundamental issues there so the
 

00:37:23.680 --> 00:37:25.920 align:start position:0%
really fundamental issues there so the
problem<00:37:24.010><c> is</c><00:37:24.100><c> that</c><00:37:24.280><c> the</c><00:37:24.880><c> moment</c><00:37:25.240><c> so</c><00:37:25.600><c> currently</c>

00:37:25.920 --> 00:37:25.930 align:start position:0%
problem is that the moment so currently
 

00:37:25.930 --> 00:37:27.480 align:start position:0%
problem is that the moment so currently
transactions<00:37:26.650><c> are</c><00:37:26.740><c> really</c><00:37:26.950><c> tiny</c>

00:37:27.480 --> 00:37:27.490 align:start position:0%
transactions are really tiny
 

00:37:27.490 --> 00:37:29.370 align:start position:0%
transactions are really tiny
the<00:37:27.850><c> moment</c><00:37:28.210><c> you</c><00:37:28.390><c> start</c><00:37:28.720><c> entering</c><00:37:28.960><c> into</c>

00:37:29.370 --> 00:37:29.380 align:start position:0%
the moment you start entering into
 

00:37:29.380 --> 00:37:31.470 align:start position:0%
the moment you start entering into
territories<00:37:29.980><c> of</c><00:37:30.100><c> megabytes</c><00:37:30.400><c> and</c><00:37:30.910><c> we're</c><00:37:31.360><c> not</c>

00:37:31.470 --> 00:37:31.480 align:start position:0%
territories of megabytes and we're not
 

00:37:31.480 --> 00:37:32.880 align:start position:0%
territories of megabytes and we're not
talking<00:37:31.810><c> about</c><00:37:31.900><c> hundreds</c><00:37:32.290><c> of</c><00:37:32.350><c> megabytes</c><00:37:32.619><c> as</c>

00:37:32.880 --> 00:37:32.890 align:start position:0%
talking about hundreds of megabytes as
 

00:37:32.890 --> 00:37:35.130 align:start position:0%
talking about hundreds of megabytes as
megabytes<00:37:33.369><c> the</c><00:37:34.210><c> whole</c><00:37:34.330><c> networking</c><00:37:34.780><c> layer</c>

00:37:35.130 --> 00:37:35.140 align:start position:0%
megabytes the whole networking layer
 

00:37:35.140 --> 00:37:37.590 align:start position:0%
megabytes the whole networking layer
needs<00:37:35.410><c> to</c><00:37:35.590><c> be</c><00:37:35.710><c> gutted</c><00:37:36.100><c> out</c><00:37:36.220><c> and</c><00:37:36.600><c> retrofitted</c>

00:37:37.590 --> 00:37:37.600 align:start position:0%
needs to be gutted out and retrofitted
 

00:37:37.600 --> 00:37:39.500 align:start position:0%
needs to be gutted out and retrofitted
so<00:37:37.720><c> you</c><00:37:37.810><c> cannot</c><00:37:38.080><c> own</c><00:37:38.320><c> you</c><00:37:38.710><c> can</c><00:37:38.890><c> chunk</c><00:37:39.130><c> up</c>

00:37:39.500 --> 00:37:39.510 align:start position:0%
so you cannot own you can chunk up
 

00:37:39.510 --> 00:37:42.180 align:start position:0%
so you cannot own you can chunk up
messages<00:37:40.510><c> into</c><00:37:40.720><c> smaller</c><00:37:41.080><c> pieces</c><00:37:41.320><c> that's</c><00:37:41.890><c> a</c>

00:37:42.180 --> 00:37:42.190 align:start position:0%
messages into smaller pieces that's a
 

00:37:42.190 --> 00:37:45.420 align:start position:0%
messages into smaller pieces that's a
lot<00:37:42.790><c> of</c><00:37:42.970><c> engineering</c><00:37:43.270><c> effort</c><00:37:44.430><c> research</c>

00:37:45.420 --> 00:37:45.430 align:start position:0%
lot of engineering effort research
 

00:37:45.430 --> 00:37:49.980 align:start position:0%
lot of engineering effort research
effort<00:37:46.710><c> let</c><00:37:47.710><c> me</c><00:37:47.770><c> just</c><00:37:47.950><c> finish</c><00:37:48.190><c> however</c><00:37:48.990><c> even</c>

00:37:49.980 --> 00:37:49.990 align:start position:0%
effort let me just finish however even
 

00:37:49.990 --> 00:37:51.810 align:start position:0%
effort let me just finish however even
if<00:37:50.109><c> that</c><00:37:50.470><c> is</c><00:37:50.650><c> soft</c><00:37:50.950><c> and</c><00:37:51.190><c> the</c><00:37:51.250><c> network</c><00:37:51.609><c> data</c>

00:37:51.810 --> 00:37:51.820 align:start position:0%
if that is soft and the network data
 

00:37:51.820 --> 00:37:55.740 align:start position:0%
if that is soft and the network data
shuffling<00:37:52.300><c> is</c><00:37:52.420><c> soft</c><00:37:52.690><c> then</c><00:37:53.410><c> if</c><00:37:53.800><c> you</c><00:37:54.420><c> so</c><00:37:55.420><c> all</c><00:37:55.630><c> of</c>

00:37:55.740 --> 00:37:55.750 align:start position:0%
shuffling is soft then if you so all of
 

00:37:55.750 --> 00:37:57.240 align:start position:0%
shuffling is soft then if you so all of
a<00:37:55.810><c> sudden</c><00:37:56.050><c> you</c><00:37:56.140><c> also</c><00:37:56.410><c> need</c><00:37:56.680><c> to</c><00:37:56.710><c> store</c><00:37:57.100><c> these</c>

00:37:57.240 --> 00:37:57.250 align:start position:0%
a sudden you also need to store these
 

00:37:57.250 --> 00:37:59.810 align:start position:0%
a sudden you also need to store these
witnesses<00:37:57.820><c> beside</c><00:37:58.750><c> the</c><00:37:58.900><c> transaction</c><00:37:59.500><c> so</c><00:37:59.710><c> you</c>

00:37:59.810 --> 00:37:59.820 align:start position:0%
witnesses beside the transaction so you
 

00:37:59.820 --> 00:38:03.060 align:start position:0%
witnesses beside the transaction so you
implode<00:38:00.820><c> or</c><00:38:01.060><c> explode</c><00:38:01.150><c> sorry</c><00:38:01.840><c> the</c><00:38:02.470><c> the</c><00:38:02.890><c> data</c>

00:38:03.060 --> 00:38:03.070 align:start position:0%
implode or explode sorry the the data
 

00:38:03.070 --> 00:38:05.099 align:start position:0%
implode or explode sorry the the data
usage<00:38:03.369><c> of</c><00:38:03.700><c> the</c><00:38:03.850><c> immutable</c><00:38:04.119><c> side</c><00:38:04.630><c> of</c><00:38:04.750><c> the</c><00:38:04.900><c> chain</c>

00:38:05.099 --> 00:38:05.109 align:start position:0%
usage of the immutable side of the chain
 

00:38:05.109 --> 00:38:07.260 align:start position:0%
usage of the immutable side of the chain
and<00:38:05.350><c> we</c><00:38:05.859><c> can</c><00:38:06.010><c> say</c><00:38:06.220><c> that</c><00:38:06.400><c> yeah</c><00:38:06.550><c> but</c><00:38:07.030><c> that's</c>

00:38:07.260 --> 00:38:07.270 align:start position:0%
and we can say that yeah but that's
 

00:38:07.270 --> 00:38:09.000 align:start position:0%
and we can say that yeah but that's
cheap<00:38:07.570><c> to</c><00:38:07.750><c> store</c><00:38:07.990><c> we</c><00:38:08.109><c> can</c><00:38:08.260><c> put</c><00:38:08.380><c> it</c><00:38:08.470><c> on</c><00:38:08.590><c> an</c><00:38:08.680><c> HDD</c>

00:38:09.000 --> 00:38:09.010 align:start position:0%
cheap to store we can put it on an HDD
 

00:38:09.010 --> 00:38:11.609 align:start position:0%
cheap to store we can put it on an HDD
sure<00:38:09.430><c> but</c><00:38:09.670><c> we're</c><00:38:10.180><c> already</c><00:38:10.390><c> at</c><00:38:10.630><c> 100</c><00:38:11.170><c> gigabytes</c>

00:38:11.609 --> 00:38:11.619 align:start position:0%
sure but we're already at 100 gigabytes
 

00:38:11.619 --> 00:38:14.970 align:start position:0%
sure but we're already at 100 gigabytes
150<00:38:12.369><c> gigs</c><00:38:12.550><c> of</c><00:38:13.020><c> tiny</c><00:38:14.020><c> transactions</c><00:38:14.830><c> now</c>

00:38:14.970 --> 00:38:14.980 align:start position:0%
150 gigs of tiny transactions now
 

00:38:14.980 --> 00:38:16.290 align:start position:0%
150 gigs of tiny transactions now
imagine<00:38:15.490><c> that</c><00:38:15.520><c> all</c><00:38:15.760><c> of</c><00:38:15.880><c> a</c><00:38:15.910><c> sudden</c><00:38:16.180><c> every</c>

00:38:16.290 --> 00:38:16.300 align:start position:0%
imagine that all of a sudden every
 

00:38:16.300 --> 00:38:18.030 align:start position:0%
imagine that all of a sudden every
transaction<00:38:16.660><c> will</c><00:38:16.900><c> be</c><00:38:16.990><c> twice</c><00:38:17.200><c> or</c><00:38:17.530><c> not</c><00:38:17.859><c> twice</c>

00:38:18.030 --> 00:38:18.040 align:start position:0%
transaction will be twice or not twice
 

00:38:18.040 --> 00:38:19.890 align:start position:0%
transaction will be twice or not twice
ten<00:38:18.310><c> times</c><00:38:18.550><c> the</c><00:38:18.700><c> size</c><00:38:18.910><c> and</c><00:38:19.270><c> maybe</c><00:38:19.450><c> instead</c><00:38:19.780><c> of</c>

00:38:19.890 --> 00:38:19.900 align:start position:0%
ten times the size and maybe instead of
 

00:38:19.900 --> 00:38:21.510 align:start position:0%
ten times the size and maybe instead of
one<00:38:20.170><c> hundred</c><00:38:20.260><c> fifty</c><00:38:20.590><c> gigs</c><00:38:20.950><c> would</c><00:38:21.130><c> we</c><00:38:21.400><c> would</c>

00:38:21.510 --> 00:38:21.520 align:start position:0%
one hundred fifty gigs would we would
 

00:38:21.520 --> 00:38:25.260 align:start position:0%
one hundred fifty gigs would we would
have<00:38:21.700><c> two</c><00:38:21.850><c> terabytes</c><00:38:22.359><c> of</c><00:38:22.570><c> immutable</c><00:38:23.470><c> chain</c>

00:38:25.260 --> 00:38:25.270 align:start position:0%
have two terabytes of immutable chain
 

00:38:25.270 --> 00:38:27.780 align:start position:0%
have two terabytes of immutable chain
basically<00:38:25.810><c> is</c><00:38:26.080><c> the</c><00:38:26.260><c> information</c><00:38:26.800><c> to</c><00:38:27.490><c> give</c><00:38:27.670><c> us</c>

00:38:27.780 --> 00:38:27.790 align:start position:0%
basically is the information to give us
 

00:38:27.790 --> 00:38:31.800 align:start position:0%
basically is the information to give us
they<00:38:27.940><c> was</c><00:38:28.120><c> playing</c><00:38:28.390><c> for</c><00:38:28.570><c> syncing</c><00:38:28.990><c> data</c><00:38:30.810><c> yes</c>

00:38:31.800 --> 00:38:31.810 align:start position:0%
they was playing for syncing data yes
 

00:38:31.810 --> 00:38:34.080 align:start position:0%
they was playing for syncing data yes
I'm<00:38:32.680><c> saying</c><00:38:32.890><c> like</c><00:38:33.100><c> that</c><00:38:33.370><c> basic</c><00:38:33.760><c> like</c><00:38:33.940><c> an</c>

00:38:34.080 --> 00:38:34.090 align:start position:0%
I'm saying like that basic like an
 

00:38:34.090 --> 00:38:36.600 align:start position:0%
I'm saying like that basic like an
archive<00:38:34.480><c> no</c><00:38:34.720><c> it</c><00:38:34.840><c> basically</c><00:38:35.230><c> is</c><00:38:35.560><c> the</c><00:38:36.190><c> note</c><00:38:36.400><c> the</c>

00:38:36.600 --> 00:38:36.610 align:start position:0%
archive no it basically is the note the
 

00:38:36.610 --> 00:38:38.730 align:start position:0%
archive no it basically is the note the
the<00:38:36.640><c> the</c><00:38:37.090><c> no</c><00:38:37.240><c> type</c><00:38:37.570><c> that</c><00:38:37.810><c> has</c><00:38:37.960><c> like</c><00:38:38.290><c> all</c><00:38:38.500><c> of</c><00:38:38.620><c> the</c>

00:38:38.730 --> 00:38:38.740 align:start position:0%
the the no type that has like all of the
 

00:38:38.740 --> 00:38:40.200 align:start position:0%
the the no type that has like all of the
data<00:38:38.950><c> was</c><00:38:39.160><c> the</c><00:38:39.310><c> ability</c><00:38:39.610><c> to</c><00:38:39.640><c> produce</c><00:38:39.850><c> it</c><00:38:40.120><c> on</c>

00:38:40.200 --> 00:38:40.210 align:start position:0%
data was the ability to produce it on
 

00:38:40.210 --> 00:38:42.830 align:start position:0%
data was the ability to produce it on
demand<00:38:40.390><c> for</c><00:38:40.690><c> any</c><00:38:40.780><c> transaction</c><00:38:41.460><c> yeah</c><00:38:42.460><c> but</c><00:38:42.640><c> my</c>

00:38:42.830 --> 00:38:42.840 align:start position:0%
demand for any transaction yeah but my
 

00:38:42.840 --> 00:38:45.240 align:start position:0%
demand for any transaction yeah but my
essentially<00:38:43.840><c> without</c><00:38:44.260><c> an</c><00:38:44.440><c> archive</c><00:38:44.800><c> node</c><00:38:45.010><c> you</c>

00:38:45.240 --> 00:38:45.250 align:start position:0%
essentially without an archive node you
 

00:38:45.250 --> 00:38:47.340 align:start position:0%
essentially without an archive node you
would<00:38:45.400><c> not</c><00:38:45.550><c> so</c><00:38:46.000><c> you</c><00:38:46.390><c> either</c><00:38:46.630><c> need</c><00:38:46.780><c> the</c><00:38:46.990><c> archive</c>

00:38:47.340 --> 00:38:47.350 align:start position:0%
would not so you either need the archive
 

00:38:47.350 --> 00:38:49.410 align:start position:0%
would not so you either need the archive
code<00:38:47.530><c> or</c><00:38:47.770><c> you</c><00:38:47.950><c> need</c><00:38:48.130><c> the</c><00:38:48.430><c> chain</c><00:38:48.790><c> of</c><00:38:48.910><c> witnesses</c>

00:38:49.410 --> 00:38:49.420 align:start position:0%
code or you need the chain of witnesses
 

00:38:49.420 --> 00:38:51.870 align:start position:0%
code or you need the chain of witnesses
so<00:38:50.380><c> one</c><00:38:50.560><c> thing</c><00:38:50.740><c> we</c><00:38:50.860><c> can</c><00:38:50.980><c> agree</c><00:38:51.130><c> on</c><00:38:51.310><c> with</c><00:38:51.550><c> status</c>

00:38:51.870 --> 00:38:51.880 align:start position:0%
so one thing we can agree on with status
 

00:38:51.880 --> 00:38:54.720 align:start position:0%
so one thing we can agree on with status
clients<00:38:52.180><c> is</c><00:38:52.300><c> that</c><00:38:52.510><c> basically</c><00:38:52.840><c> it</c><00:38:53.160><c> it</c><00:38:54.160><c> changes</c>

00:38:54.720 --> 00:38:54.730 align:start position:0%
clients is that basically it it changes
 

00:38:54.730 --> 00:38:56.960 align:start position:0%
clients is that basically it it changes
the<00:38:55.090><c> user</c><00:38:55.330><c> experience</c><00:38:55.630><c> a</c><00:38:55.930><c> lot</c><00:38:56.110><c> where</c>

00:38:56.960 --> 00:38:56.970 align:start position:0%
the user experience a lot where
 

00:38:56.970 --> 00:39:00.360 align:start position:0%
the user experience a lot where
previously<00:38:58.470><c> handing</c><00:38:59.470><c> the</c><00:38:59.560><c> state</c><00:38:59.800><c> was</c><00:39:00.040><c> kind</c><00:39:00.280><c> of</c>

00:39:00.360 --> 00:39:00.370 align:start position:0%
previously handing the state was kind of
 

00:39:00.370 --> 00:39:01.980 align:start position:0%
previously handing the state was kind of
if<00:39:00.610><c> areum's</c><00:39:00.970><c> problem</c><00:39:01.420><c> with</c><00:39:01.660><c> stateless</c>

00:39:01.980 --> 00:39:01.990 align:start position:0%
if areum's problem with stateless
 

00:39:01.990 --> 00:39:04.590 align:start position:0%
if areum's problem with stateless
clients<00:39:02.410><c> it's</c><00:39:02.560><c> a</c><00:39:02.710><c> user</c><00:39:03.010><c> problem</c><00:39:03.460><c> no</c><00:39:04.150><c> no</c><00:39:04.390><c> that's</c>

00:39:04.590 --> 00:39:04.600 align:start position:0%
clients it's a user problem no no that's
 

00:39:04.600 --> 00:39:06.480 align:start position:0%
clients it's a user problem no no that's
not<00:39:04.780><c> true</c><00:39:05.080><c> because</c><00:39:05.290><c> I</c><00:39:05.770><c> think</c><00:39:06.160><c> you</c><00:39:06.280><c> might</c><00:39:06.460><c> be</c>

00:39:06.480 --> 00:39:06.490 align:start position:0%
not true because I think you might be
 

00:39:06.490 --> 00:39:09.060 align:start position:0%
not true because I think you might be
confusing<00:39:06.640><c> it</c><00:39:07.390><c> with</c><00:39:07.420><c> what</c><00:39:08.350><c> I</c><00:39:08.380><c> call</c><00:39:08.620><c> status</c>

00:39:09.060 --> 00:39:09.070 align:start position:0%
confusing it with what I call status
 

00:39:09.070 --> 00:39:13.020 align:start position:0%
confusing it with what I call status
contracts<00:39:10.140><c> so</c><00:39:11.140><c> they</c><00:39:11.320><c> they're</c><00:39:11.890><c> so</c><00:39:12.280><c> stateless</c>

00:39:13.020 --> 00:39:13.030 align:start position:0%
contracts so they they're so stateless
 

00:39:13.030 --> 00:39:15.690 align:start position:0%
contracts so they they're so stateless
contracts<00:39:13.690><c> is</c><00:39:13.810><c> the</c><00:39:14.200><c> the</c><00:39:14.560><c> idea</c><00:39:14.890><c> it's</c><00:39:15.550><c> actually</c>

00:39:15.690 --> 00:39:15.700 align:start position:0%
contracts is the the idea it's actually
 

00:39:15.700 --> 00:39:20.070 align:start position:0%
contracts is the the idea it's actually
the<00:39:16.380><c> it's</c><00:39:17.380><c> a</c><00:39:17.500><c> design</c><00:39:17.800><c> pattern</c><00:39:18.390><c> where</c><00:39:19.390><c> we're</c><00:39:19.870><c> by</c>

00:39:20.070 --> 00:39:20.080 align:start position:0%
the it's a design pattern where we're by
 

00:39:20.080 --> 00:39:23.640 align:start position:0%
the it's a design pattern where we're by
your<00:39:20.410><c> start</c><00:39:21.930><c> instead</c><00:39:22.930><c> of</c><00:39:23.050><c> storing</c><00:39:23.470><c> your</c><00:39:23.500><c> data</c>

00:39:23.640 --> 00:39:23.650 align:start position:0%
your start instead of storing your data
 

00:39:23.650 --> 00:39:26.160 align:start position:0%
your start instead of storing your data
inside<00:39:24.280><c> the</c><00:39:24.310><c> contract</c><00:39:24.850><c> storage</c><00:39:25.240><c> you</c><00:39:25.810><c> store</c>

00:39:26.160 --> 00:39:26.170 align:start position:0%
inside the contract storage you store
 

00:39:26.170 --> 00:39:28.140 align:start position:0%
inside the contract storage you store
some<00:39:26.410><c> sort</c><00:39:26.620><c> of</c><00:39:26.650><c> miracle</c><00:39:26.890><c> route</c><00:39:27.250><c> and</c><00:39:27.520><c> then</c><00:39:28.030><c> you</c>

00:39:28.140 --> 00:39:28.150 align:start position:0%
some sort of miracle route and then you
 

00:39:28.150 --> 00:39:30.990 align:start position:0%
some sort of miracle route and then you
start<00:39:28.450><c> passing</c><00:39:28.690><c> the</c><00:39:29.140><c> they</c><00:39:29.920><c> like</c><00:39:30.430><c> you</c><00:39:30.580><c> pretend</c>

00:39:30.990 --> 00:39:31.000 align:start position:0%
start passing the they like you pretend
 

00:39:31.000 --> 00:39:32.550 align:start position:0%
start passing the they like you pretend
that<00:39:31.120><c> they're</c><00:39:31.420><c> the</c><00:39:31.630><c> data</c><00:39:31.840><c> somewhere</c><00:39:32.260><c> of</c>

00:39:32.550 --> 00:39:32.560 align:start position:0%
that they're the data somewhere of
 

00:39:32.560 --> 00:39:33.090 align:start position:0%
that they're the data somewhere of
change

00:39:33.090 --> 00:39:33.100 align:start position:0%
change
 

00:39:33.100 --> 00:39:34.710 align:start position:0%
change
well<00:39:33.460><c> you</c><00:39:33.670><c> don't</c><00:39:33.790><c> pretend</c><00:39:34.180><c> that</c><00:39:34.300><c> there</c><00:39:34.480><c> is</c><00:39:34.570><c> of</c>

00:39:34.710 --> 00:39:34.720 align:start position:0%
well you don't pretend that there is of
 

00:39:34.720 --> 00:39:36.990 align:start position:0%
well you don't pretend that there is of
chain<00:39:34.960><c> but</c><00:39:35.500><c> whenever</c><00:39:35.770><c> your</c><00:39:36.190><c> do</c><00:39:36.610><c> something</c>

00:39:36.990 --> 00:39:37.000 align:start position:0%
chain but whenever your do something
 

00:39:37.000 --> 00:39:38.430 align:start position:0%
chain but whenever your do something
with<00:39:37.150><c> the</c><00:39:37.240><c> data</c><00:39:37.270><c> you</c><00:39:37.570><c> start</c><00:39:37.900><c> providing</c><00:39:38.170><c> the</c>

00:39:38.430 --> 00:39:38.440 align:start position:0%
with the data you start providing the
 

00:39:38.440 --> 00:39:39.870 align:start position:0%
with the data you start providing the
miracle<00:39:38.770><c> proofs</c><00:39:39.010><c> and</c><00:39:39.220><c> these</c><00:39:39.370><c> proofs</c><00:39:39.700><c> are</c>

00:39:39.870 --> 00:39:39.880 align:start position:0%
miracle proofs and these proofs are
 

00:39:39.880 --> 00:39:41.370 align:start position:0%
miracle proofs and these proofs are
actually<00:39:40.180><c> inside</c><00:39:40.480><c> the</c><00:39:40.540><c> transaction</c><00:39:41.170><c> and</c><00:39:41.350><c> that</c>

00:39:41.370 --> 00:39:41.380 align:start position:0%
actually inside the transaction and that
 

00:39:41.380 --> 00:39:43.530 align:start position:0%
actually inside the transaction and that
it<00:39:41.980><c> increases</c><00:39:42.310><c> the</c><00:39:42.460><c> size</c><00:39:42.730><c> of</c><00:39:42.910><c> transaction</c><00:39:43.390><c> and</c>

00:39:43.530 --> 00:39:43.540 align:start position:0%
it increases the size of transaction and
 

00:39:43.540 --> 00:39:46.080 align:start position:0%
it increases the size of transaction and
so<00:39:43.690><c> on</c><00:39:43.840><c> the</c><00:39:44.320><c> status</c><00:39:44.680><c> client</c><00:39:45.010><c> actually</c><00:39:45.190><c> remove</c>

00:39:46.080 --> 00:39:46.090 align:start position:0%
so on the status client actually remove
 

00:39:46.090 --> 00:39:48.570 align:start position:0%
so on the status client actually remove
it's<00:39:46.360><c> not</c><00:39:46.570><c> like</c><00:39:46.780><c> that</c><00:39:46.960><c> it</c><00:39:47.230><c> moves</c><00:39:47.560><c> the</c><00:39:47.890><c> the</c>

00:39:48.570 --> 00:39:48.580 align:start position:0%
it's not like that it moves the the
 

00:39:48.580 --> 00:39:51.450 align:start position:0%
it's not like that it moves the the
burden<00:39:49.000><c> into</c><00:39:49.360><c> the</c><00:39:49.480><c> actual</c><00:39:49.930><c> layer</c><00:39:50.320><c> in</c><00:39:50.830><c> the</c>

00:39:51.450 --> 00:39:51.460 align:start position:0%
burden into the actual layer in the
 

00:39:51.460 --> 00:39:54.120 align:start position:0%
burden into the actual layer in the
protocol<00:39:51.910><c> layer</c><00:39:52.120><c> it's</c><00:39:52.420><c> it's</c><00:39:52.780><c> not</c><00:39:52.990><c> the</c><00:39:53.320><c> the</c><00:39:53.890><c> job</c>

00:39:54.120 --> 00:39:54.130 align:start position:0%
protocol layer it's it's not the the job
 

00:39:54.130 --> 00:39:56.160 align:start position:0%
protocol layer it's it's not the the job
of<00:39:54.340><c> the</c><00:39:54.580><c> smart</c><00:39:55.030><c> contract</c><00:39:55.210><c> developer</c><00:39:55.870><c> will</c><00:39:56.020><c> not</c>

00:39:56.160 --> 00:39:56.170 align:start position:0%
of the smart contract developer will not
 

00:39:56.170 --> 00:39:58.050 align:start position:0%
of the smart contract developer will not
change<00:39:56.470><c> and</c><00:39:56.800><c> the</c><00:39:57.310><c> user</c><00:39:57.520><c> will</c><00:39:57.760><c> have</c><00:39:57.940><c> the</c>

00:39:58.050 --> 00:39:58.060 align:start position:0%
change and the user will have the
 

00:39:58.060 --> 00:39:59.910 align:start position:0%
change and the user will have the
exactly<00:39:58.450><c> the</c><00:39:58.570><c> same</c><00:39:58.630><c> experience</c><00:39:59.380><c> apart</c><00:39:59.740><c> from</c>

00:39:59.910 --> 00:39:59.920 align:start position:0%
exactly the same experience apart from
 

00:39:59.920 --> 00:40:02.490 align:start position:0%
exactly the same experience apart from
paying<00:40:00.400><c> more</c><00:40:00.730><c> for</c><00:40:00.760><c> the</c><00:40:01.060><c> state</c><00:40:01.270><c> access</c><00:40:01.690><c> so</c><00:40:02.230><c> as</c>

00:40:02.490 --> 00:40:02.500 align:start position:0%
paying more for the state access so as
 

00:40:02.500 --> 00:40:05.880 align:start position:0%
paying more for the state access so as
Vitalik<00:40:02.950><c> mentioned</c><00:40:03.370><c> the</c><00:40:04.270><c> call</c><00:40:04.780><c> up</c><00:40:05.380><c> codes</c><00:40:05.710><c> will</c>

00:40:05.880 --> 00:40:05.890 align:start position:0%
Vitalik mentioned the call up codes will
 

00:40:05.890 --> 00:40:07.230 align:start position:0%
Vitalik mentioned the call up codes will
be<00:40:05.920><c> more</c><00:40:06.160><c> expensive</c><00:40:06.460><c> because</c><00:40:06.760><c> you</c><00:40:07.000><c> have</c><00:40:07.120><c> to</c>

00:40:07.230 --> 00:40:07.240 align:start position:0%
be more expensive because you have to
 

00:40:07.240 --> 00:40:10.950 align:start position:0%
be more expensive because you have to
load<00:40:07.420><c> the</c><00:40:07.570><c> code</c><00:40:07.810><c> the</c><00:40:08.560><c> S</c><00:40:09.220><c> store</c><00:40:09.610><c> as</c><00:40:09.910><c> loads</c><00:40:10.480><c> and</c><00:40:10.840><c> s</c>

00:40:10.950 --> 00:40:10.960 align:start position:0%
load the code the S store as loads and s
 

00:40:10.960 --> 00:40:13.080 align:start position:0%
load the code the S store as loads and s
stores<00:40:11.320><c> will</c><00:40:11.500><c> be</c><00:40:11.530><c> more</c><00:40:11.830><c> expensive</c><00:40:12.130><c> balanced</c>

00:40:13.080 --> 00:40:13.090 align:start position:0%
stores will be more expensive balanced
 

00:40:13.090 --> 00:40:14.340 align:start position:0%
stores will be more expensive balanced
the<00:40:13.300><c> reading</c><00:40:13.570><c> will</c><00:40:13.750><c> be</c><00:40:13.780><c> more</c><00:40:14.080><c> expensive</c>

00:40:14.340 --> 00:40:14.350 align:start position:0%
the reading will be more expensive
 

00:40:14.350 --> 00:40:16.170 align:start position:0%
the reading will be more expensive
anything<00:40:14.920><c> that</c><00:40:15.100><c> touches</c><00:40:15.250><c> the</c><00:40:15.550><c> state</c><00:40:15.790><c> will</c><00:40:16.030><c> be</c>

00:40:16.170 --> 00:40:16.180 align:start position:0%
anything that touches the state will be
 

00:40:16.180 --> 00:40:18.480 align:start position:0%
anything that touches the state will be
more<00:40:16.390><c> expensive</c><00:40:16.750><c> to</c><00:40:17.440><c> pay</c><00:40:17.680><c> for</c><00:40:17.950><c> the</c><00:40:18.010><c> witnesses</c>

00:40:18.480 --> 00:40:18.490 align:start position:0%
more expensive to pay for the witnesses
 

00:40:18.490 --> 00:40:21.110 align:start position:0%
more expensive to pay for the witnesses
transaction<00:40:19.450><c> format</c><00:40:19.930><c> will</c><00:40:20.110><c> not</c><00:40:20.260><c> change</c>

00:40:21.110 --> 00:40:21.120 align:start position:0%
transaction format will not change
 

00:40:21.120 --> 00:40:24.270 align:start position:0%
transaction format will not change
essentially<00:40:22.120><c> in</c><00:40:22.350><c> there</c><00:40:23.350><c> will</c><00:40:23.470><c> be</c><00:40:23.500><c> more</c><00:40:23.920><c> that</c>

00:40:24.270 --> 00:40:24.280 align:start position:0%
essentially in there will be more that
 

00:40:24.280 --> 00:40:26.250 align:start position:0%
essentially in there will be more that
data<00:40:24.550><c> shuffling</c><00:40:25.030><c> around</c><00:40:25.150><c> network</c><00:40:25.660><c> but</c><00:40:25.870><c> not</c><00:40:25.900><c> as</c>

00:40:26.250 --> 00:40:26.260 align:start position:0%
data shuffling around network but not as
 

00:40:26.260 --> 00:40:28.940 align:start position:0%
data shuffling around network but not as
transactions<00:40:26.920><c> as</c><00:40:27.100><c> the</c><00:40:27.370><c> as</c><00:40:27.610><c> the</c><00:40:27.880><c> basically</c>

00:40:28.940 --> 00:40:28.950 align:start position:0%
transactions as the as the basically
 

00:40:28.950 --> 00:40:31.740 align:start position:0%
transactions as the as the basically
part<00:40:29.950><c> of</c><00:40:30.010><c> witnesses</c><00:40:30.730><c> and</c><00:40:30.940><c> of</c><00:40:31.330><c> course</c><00:40:31.570><c> the</c>

00:40:31.740 --> 00:40:31.750 align:start position:0%
part of witnesses and of course the
 

00:40:31.750 --> 00:40:34.650 align:start position:0%
part of witnesses and of course the
witnesses<00:40:32.260><c> we</c><00:40:32.410><c> will</c><00:40:32.790><c> chop</c><00:40:33.790><c> them</c><00:40:33.970><c> up</c><00:40:34.120><c> in</c><00:40:34.330><c> part</c>

00:40:34.650 --> 00:40:34.660 align:start position:0%
witnesses we will chop them up in part
 

00:40:34.660 --> 00:40:37.840 align:start position:0%
witnesses we will chop them up in part
so<00:40:35.080><c> you</c><00:40:35.140><c> don't</c><00:40:35.380><c> have</c><00:40:35.560><c> to</c><00:40:35.770><c> like</c><00:40:36.370><c> to</c><00:40:36.880><c> ensure</c><00:40:37.180><c> the</c>

00:40:37.840 --> 00:40:37.850 align:start position:0%
so you don't have to like to ensure the
 

00:40:37.850 --> 00:40:40.870 align:start position:0%
so you don't have to like to ensure the
the<00:40:37.940><c> better</c><00:40:38.150><c> propagation</c><00:40:38.930><c> so</c><00:40:39.320><c> that</c><00:40:39.560><c> is</c><00:40:39.680><c> also</c><00:40:39.890><c> a</c>

00:40:40.870 --> 00:40:40.880 align:start position:0%
the better propagation so that is also a
 

00:40:40.880 --> 00:40:44.350 align:start position:0%
the better propagation so that is also a
kind<00:40:41.540><c> of</c><00:40:41.720><c> pretty</c><00:40:42.080><c> solvable</c><00:40:42.500><c> problem</c><00:40:43.210><c> but</c><00:40:44.210><c> yeah</c>

00:40:44.350 --> 00:40:44.360 align:start position:0%
kind of pretty solvable problem but yeah
 

00:40:44.360 --> 00:40:46.180 align:start position:0%
kind of pretty solvable problem but yeah
it's<00:40:44.510><c> not</c><00:40:45.010><c> okay</c>

00:40:46.180 --> 00:40:46.190 align:start position:0%
it's not okay
 

00:40:46.190 --> 00:40:48.880 align:start position:0%
it's not okay
also<00:40:47.030><c> in</c><00:40:47.210><c> that</c><00:40:47.270><c> case</c><00:40:47.570><c> that</c><00:40:47.780><c> that's</c><00:40:48.260><c> like</c><00:40:48.440><c> it's</c>

00:40:48.880 --> 00:40:48.890 align:start position:0%
also in that case that that's like it's
 

00:40:48.890 --> 00:40:51.490 align:start position:0%
also in that case that that's like it's
like<00:40:49.700><c> halfway</c><00:40:49.940><c> solution</c><00:40:50.600><c> basically</c><00:40:50.930><c> like</c><00:40:51.320><c> you</c>

00:40:51.490 --> 00:40:51.500 align:start position:0%
like halfway solution basically like you
 

00:40:51.500 --> 00:40:53.380 align:start position:0%
like halfway solution basically like you
do<00:40:51.680><c> still</c><00:40:51.980><c> want</c><00:40:52.130><c> to</c><00:40:52.250><c> have</c><00:40:52.490><c> state</c><00:40:52.790><c> it's</c><00:40:53.300><c> not</c>

00:40:53.380 --> 00:40:53.390 align:start position:0%
do still want to have state it's not
 

00:40:53.390 --> 00:40:55.720 align:start position:0%
do still want to have state it's not
like<00:40:53.720><c> status</c><00:40:54.470><c> and</c><00:40:54.800><c> you</c><00:40:54.920><c> know</c><00:40:55.040><c> like</c><00:40:55.250><c> a</c><00:40:55.400><c> theorem</c>

00:40:55.720 --> 00:40:55.730 align:start position:0%
like status and you know like a theorem
 

00:40:55.730 --> 00:40:57.190 align:start position:0%
like status and you know like a theorem
itself<00:40:55.970><c> doesn't</c><00:40:56.210><c> have</c><00:40:56.420><c> any</c><00:40:56.600><c> state</c><00:40:56.810><c> it's</c><00:40:56.990><c> more</c>

00:40:57.190 --> 00:40:57.200 align:start position:0%
itself doesn't have any state it's more
 

00:40:57.200 --> 00:40:59.470 align:start position:0%
itself doesn't have any state it's more
about<00:40:57.410><c> so</c><00:40:58.040><c> I</c><00:40:58.070><c> would</c><00:40:58.340><c> say</c><00:40:58.550><c> this</c><00:40:58.700><c> is</c><00:40:58.910><c> the</c><00:40:59.120><c> the</c>

00:40:59.470 --> 00:40:59.480 align:start position:0%
about so I would say this is the the
 

00:40:59.480 --> 00:41:01.030 align:start position:0%
about so I would say this is the the
stateless<00:40:59.840><c> client</c><00:41:00.200><c> is</c><00:41:00.290><c> basically</c><00:41:00.620><c> approach</c>

00:41:01.030 --> 00:41:01.040 align:start position:0%
stateless client is basically approach
 

00:41:01.040 --> 00:41:04.780 align:start position:0%
stateless client is basically approach
of<00:41:01.280><c> of</c><00:41:02.230><c> instead</c><00:41:03.230><c> of</c><00:41:03.350><c> asking</c><00:41:03.830><c> every</c><00:41:04.190><c> all</c><00:41:04.730><c> the</c>

00:41:04.780 --> 00:41:04.790 align:start position:0%
of of instead of asking every all the
 

00:41:04.790 --> 00:41:07.180 align:start position:0%
of of instead of asking every all the
app<00:41:05.210><c> developers</c><00:41:05.750><c> to</c><00:41:05.900><c> follow</c><00:41:06.140><c> design</c><00:41:06.590><c> certain</c>

00:41:07.180 --> 00:41:07.190 align:start position:0%
app developers to follow design certain
 

00:41:07.190 --> 00:41:09.220 align:start position:0%
app developers to follow design certain
design<00:41:07.460><c> pattern</c><00:41:07.880><c> you</c><00:41:08.450><c> just</c><00:41:08.660><c> basically</c><00:41:08.780><c> solve</c>

00:41:09.220 --> 00:41:09.230 align:start position:0%
design pattern you just basically solve
 

00:41:09.230 --> 00:41:13.120 align:start position:0%
design pattern you just basically solve
it<00:41:09.380><c> for</c><00:41:09.560><c> them</c><00:41:09.770><c> in</c><00:41:09.980><c> a</c><00:41:10.480><c> generic</c><00:41:11.480><c> way</c><00:41:11.740><c> so</c><00:41:12.740><c> if</c><00:41:13.070><c> you</c>

00:41:13.120 --> 00:41:13.130 align:start position:0%
it for them in a generic way so if you
 

00:41:13.130 --> 00:41:15.520 align:start position:0%
it for them in a generic way so if you
have<00:41:13.550><c> a</c><00:41:13.580><c> status</c><00:41:14.270><c> client</c><00:41:14.630><c> instead</c><00:41:15.110><c> of</c><00:41:15.260><c> telling</c>

00:41:15.520 --> 00:41:15.530 align:start position:0%
have a status client instead of telling
 

00:41:15.530 --> 00:41:17.410 align:start position:0%
have a status client instead of telling
everybody<00:41:15.620><c> poom</c><00:41:16.160><c> to</c><00:41:16.520><c> put</c><00:41:16.700><c> merkel</c><00:41:17.090><c> root</c><00:41:17.210><c> in</c><00:41:17.330><c> the</c>

00:41:17.410 --> 00:41:17.420 align:start position:0%
everybody poom to put merkel root in the
 

00:41:17.420 --> 00:41:19.480 align:start position:0%
everybody poom to put merkel root in the
contract<00:41:17.870><c> you</c><00:41:18.050><c> just</c><00:41:18.470><c> tell</c><00:41:18.650><c> them</c><00:41:18.830><c> just</c><00:41:18.980><c> do</c>

00:41:19.480 --> 00:41:19.490 align:start position:0%
contract you just tell them just do
 

00:41:19.490 --> 00:41:21.460 align:start position:0%
contract you just tell them just do
whatever<00:41:19.670><c> you</c><00:41:19.880><c> did</c><00:41:20.150><c> before</c><00:41:20.330><c> and</c><00:41:20.750><c> we're</c><00:41:21.380><c> just</c>

00:41:21.460 --> 00:41:21.470 align:start position:0%
whatever you did before and we're just
 

00:41:21.470 --> 00:41:22.900 align:start position:0%
whatever you did before and we're just
gonna<00:41:21.620><c> take</c><00:41:22.040><c> care</c><00:41:22.250><c> of</c><00:41:22.400><c> that</c><00:41:22.520><c> you're</c><00:41:22.730><c> just</c>

00:41:22.900 --> 00:41:22.910 align:start position:0%
gonna take care of that you're just
 

00:41:22.910 --> 00:41:24.820 align:start position:0%
gonna take care of that you're just
gonna<00:41:23.000><c> pay</c><00:41:23.240><c> for</c><00:41:23.300><c> it</c><00:41:23.570><c> a</c><00:41:23.630><c> bit</c><00:41:23.780><c> more</c><00:41:23.990><c> but</c><00:41:24.560><c> the</c>

00:41:24.820 --> 00:41:24.830 align:start position:0%
gonna pay for it a bit more but the
 

00:41:24.830 --> 00:41:26.440 align:start position:0%
gonna pay for it a bit more but the
whole<00:41:25.040><c> technicalities</c><00:41:25.820><c> will</c><00:41:25.970><c> be</c><00:41:26.090><c> taken</c><00:41:26.420><c> care</c>

00:41:26.440 --> 00:41:26.450 align:start position:0%
whole technicalities will be taken care
 

00:41:26.450 --> 00:41:26.770 align:start position:0%
whole technicalities will be taken care
of

00:41:26.770 --> 00:41:26.780 align:start position:0%
of
 

00:41:26.780 --> 00:41:29.560 align:start position:0%
of
so<00:41:27.470><c> we</c><00:41:27.920><c> have</c><00:41:28.130><c> we</c><00:41:28.310><c> have</c><00:41:28.340><c> the</c><00:41:28.670><c> working</c><00:41:29.450><c> group</c>

00:41:29.560 --> 00:41:29.570 align:start position:0%
so we have we have the working group
 

00:41:29.570 --> 00:41:30.850 align:start position:0%
so we have we have the working group
session<00:41:29.960><c> scheduled</c><00:41:30.440><c> for</c><00:41:30.650><c> later</c><00:41:30.770><c> this</c>

00:41:30.850 --> 00:41:30.860 align:start position:0%
session scheduled for later this
 

00:41:30.860 --> 00:41:33.310 align:start position:0%
session scheduled for later this
afternoon<00:41:31.070><c> and</c><00:41:31.640><c> about</c><00:41:31.850><c> like</c><00:41:32.120><c> 15</c><00:41:32.870><c> minutes</c><00:41:33.170><c> left</c>

00:41:33.310 --> 00:41:33.320 align:start position:0%
afternoon and about like 15 minutes left
 

00:41:33.320 --> 00:41:35.470 align:start position:0%
afternoon and about like 15 minutes left
for<00:41:33.530><c> this</c><00:41:33.710><c> session</c><00:41:33.920><c> so</c><00:41:34.910><c> maybe</c><00:41:35.180><c> it</c><00:41:35.300><c> makes</c><00:41:35.420><c> sense</c>

00:41:35.470 --> 00:41:35.480 align:start position:0%
for this session so maybe it makes sense
 

00:41:35.480 --> 00:41:37.480 align:start position:0%
for this session so maybe it makes sense
to<00:41:35.720><c> just</c><00:41:35.960><c> like</c><00:41:36.080><c> have</c><00:41:36.230><c> a</c><00:41:36.260><c> stateless</c><00:41:36.710><c> client</c>

00:41:37.480 --> 00:41:37.490 align:start position:0%
to just like have a stateless client
 

00:41:37.490 --> 00:41:39.490 align:start position:0%
to just like have a stateless client
discussion<00:41:38.480><c> this</c><00:41:38.750><c> afternoon</c><00:41:38.900><c> because</c><00:41:39.410><c> I</c><00:41:39.440><c> know</c>

00:41:39.490 --> 00:41:39.500 align:start position:0%
discussion this afternoon because I know
 

00:41:39.500 --> 00:41:40.330 align:start position:0%
discussion this afternoon because I know
there's<00:41:39.710><c> a</c><00:41:39.740><c> whole</c><00:41:39.860><c> bunch</c><00:41:40.040><c> of</c><00:41:40.100><c> new</c><00:41:40.220><c> people</c>

00:41:40.330 --> 00:41:40.340 align:start position:0%
there's a whole bunch of new people
 

00:41:40.340 --> 00:41:43.540 align:start position:0%
there's a whole bunch of new people
sitting<00:41:40.790><c> there</c><00:41:40.850><c> what</c><00:41:41.270><c> time</c><00:41:41.510><c> is</c><00:41:41.660><c> it</c><00:41:42.160><c> 3:30</c><00:41:43.160><c> to</c>

00:41:43.540 --> 00:41:43.550 align:start position:0%
sitting there what time is it 3:30 to
 

00:41:43.550 --> 00:41:45.160 align:start position:0%
sitting there what time is it 3:30 to
the<00:41:43.670><c> end</c><00:41:43.820><c> of</c><00:41:44.000><c> the</c><00:41:44.570><c> day</c><00:41:44.720><c> I</c><00:41:44.750><c> don't</c><00:41:44.960><c> know</c><00:41:45.020><c> what</c>

00:41:45.160 --> 00:41:45.170 align:start position:0%
the end of the day I don't know what
 

00:41:45.170 --> 00:41:47.800 align:start position:0%
the end of the day I don't know what
that<00:41:45.290><c> is</c><00:41:45.530><c> they</c><00:41:45.980><c> have</c><00:41:46.190><c> this</c><00:41:46.340><c> room</c><00:41:46.520><c> here</c><00:41:46.790><c> to</c><00:41:47.330><c> just</c>

00:41:47.800 --> 00:41:47.810 align:start position:0%
that is they have this room here to just
 

00:41:47.810 --> 00:41:50.650 align:start position:0%
that is they have this room here to just
discuss<00:41:48.140><c> working</c><00:41:48.470><c> groups</c><00:41:49.060><c> jason</c><00:41:50.060><c> carver</c><00:41:50.390><c> also</c>

00:41:50.650 --> 00:41:50.660 align:start position:0%
discuss working groups jason carver also
 

00:41:50.660 --> 00:41:54.540 align:start position:0%
discuss working groups jason carver also
join<00:41:50.900><c> give</c><00:41:51.560><c> a</c><00:41:51.590><c> quick</c><00:41:51.800><c> intro</c><00:41:52.130><c> with</c><00:41:52.280><c> Felix's</c><00:41:52.700><c> mic</c>

00:41:54.540 --> 00:41:54.550 align:start position:0%
join give a quick intro with Felix's mic
 

00:41:54.550 --> 00:41:58.210 align:start position:0%
join give a quick intro with Felix's mic
hi<00:41:55.660><c> Jason</c><00:41:56.660><c> Carver</c><00:41:57.170><c> working</c><00:41:57.530><c> on</c><00:41:57.590><c> the</c><00:41:57.770><c> Trinity</c>

00:41:58.210 --> 00:41:58.220 align:start position:0%
hi Jason Carver working on the Trinity
 

00:41:58.220 --> 00:42:00.820 align:start position:0%
hi Jason Carver working on the Trinity
clients<00:41:59.150><c> that's</c><00:41:59.390><c> an</c><00:41:59.690><c> all</c><00:41:59.990><c> Python</c><00:42:00.380><c> client</c><00:42:00.560><c> I</c>

00:42:00.820 --> 00:42:00.830 align:start position:0%
clients that's an all Python client I
 

00:42:00.830 --> 00:42:02.290 align:start position:0%
clients that's an all Python client I
came<00:42:01.280><c> here</c><00:42:01.370><c> to</c><00:42:01.550><c> talk</c><00:42:01.730><c> about</c><00:42:01.790><c> stateless</c>

00:42:02.290 --> 00:42:02.300 align:start position:0%
came here to talk about stateless
 

00:42:02.300 --> 00:42:03.610 align:start position:0%
came here to talk about stateless
clients<00:42:02.600><c> so</c><00:42:02.690><c> I</c><00:42:02.720><c> guess</c><00:42:02.930><c> I'll</c><00:42:03.110><c> save</c><00:42:03.440><c> that</c><00:42:03.470><c> for</c>

00:42:03.610 --> 00:42:03.620 align:start position:0%
clients so I guess I'll save that for
 

00:42:03.620 --> 00:42:05.620 align:start position:0%
clients so I guess I'll save that for
him<00:42:03.890><c> I</c><00:42:04.070><c> mean</c><00:42:05.030><c> we</c><00:42:05.150><c> keep</c><00:42:05.330><c> talking</c><00:42:05.450><c> about</c>

00:42:05.620 --> 00:42:05.630 align:start position:0%
him I mean we keep talking about
 

00:42:05.630 --> 00:42:08.770 align:start position:0%
him I mean we keep talking about
stateless<00:42:06.110><c> clients</c><00:42:06.530><c> but</c><00:42:06.880><c> yeah</c><00:42:07.880><c> yeah</c><00:42:08.480><c> does</c>

00:42:08.770 --> 00:42:08.780 align:start position:0%
stateless clients but yeah yeah does
 

00:42:08.780 --> 00:42:17.700 align:start position:0%
stateless clients but yeah yeah does
anyone<00:42:09.020><c> have</c><00:42:09.200><c> anything</c><00:42:09.410><c> else</c><00:42:09.680><c> they</c><00:42:10.370><c> owe</c>

00:42:17.700 --> 00:42:17.710 align:start position:0%
 
 

00:42:17.710 --> 00:42:21.609 align:start position:0%
 
hello<00:42:18.710><c> hello</c><00:42:18.920><c> could</c><00:42:19.520><c> you</c><00:42:19.700><c> talk</c><00:42:19.910><c> about</c><00:42:19.940><c> VIP</c><00:42:20.839><c> one</c>

00:42:21.609 --> 00:42:21.619 align:start position:0%
hello hello could you talk about VIP one
 

00:42:21.619 --> 00:42:23.940 align:start position:0%
hello hello could you talk about VIP one
five<00:42:21.890><c> five</c><00:42:22.099><c> nine</c><00:42:22.160><c> which</c><00:42:22.640><c> is</c><00:42:22.670><c> the</c><00:42:23.150><c> idea</c><00:42:23.480><c> of</c>

00:42:23.940 --> 00:42:23.950 align:start position:0%
five five nine which is the idea of
 

00:42:23.950 --> 00:42:27.460 align:start position:0%
five five nine which is the idea of
having<00:42:24.950><c> the</c><00:42:25.250><c> gas</c><00:42:26.180><c> priced</c><00:42:26.569><c> at</c><00:42:26.930><c> the</c><00:42:26.990><c> protocol</c>

00:42:27.460 --> 00:42:27.470 align:start position:0%
having the gas priced at the protocol
 

00:42:27.470 --> 00:42:28.990 align:start position:0%
having the gas priced at the protocol
level<00:42:27.500><c> and</c><00:42:27.950><c> it's</c><00:42:28.069><c> burned</c><00:42:28.339><c> instead</c><00:42:28.640><c> of</c><00:42:28.789><c> given</c>

00:42:28.990 --> 00:42:29.000 align:start position:0%
level and it's burned instead of given
 

00:42:29.000 --> 00:42:30.640 align:start position:0%
level and it's burned instead of given
two<00:42:29.059><c> -</c><00:42:29.359><c> yeah</c><00:42:29.960><c> sure</c>

00:42:30.640 --> 00:42:30.650 align:start position:0%
two - yeah sure
 

00:42:30.650 --> 00:42:33.579 align:start position:0%
two - yeah sure
so<00:42:31.039><c> the</c><00:42:32.000><c> basic</c><00:42:32.420><c> kind</c><00:42:32.690><c> of</c><00:42:32.779><c> description</c><00:42:33.380><c> of</c><00:42:33.500><c> the</c>

00:42:33.579 --> 00:42:33.589 align:start position:0%
so the basic kind of description of the
 

00:42:33.589 --> 00:42:38.890 align:start position:0%
so the basic kind of description of the
proposal<00:42:34.279><c> rate</c><00:42:34.670><c> is</c><00:42:35.029><c> that</c><00:42:35.599><c> we</c><00:42:36.940><c> basically</c><00:42:37.940><c> add</c><00:42:38.359><c> a</c>

00:42:38.890 --> 00:42:38.900 align:start position:0%
proposal rate is that we basically add a
 

00:42:38.900 --> 00:42:41.170 align:start position:0%
proposal rate is that we basically add a
kind<00:42:39.529><c> of</c><00:42:39.619><c> negative</c><00:42:39.920><c> components</c><00:42:40.819><c> to</c><00:42:40.910><c> the</c><00:42:41.000><c> block</c>

00:42:41.170 --> 00:42:41.180 align:start position:0%
kind of negative components to the block
 

00:42:41.180 --> 00:42:43.720 align:start position:0%
kind of negative components to the block
reward<00:42:41.359><c> so</c><00:42:41.809><c> that</c><00:42:41.990><c> basically</c><00:42:42.140><c> says</c><00:42:42.740><c> that</c><00:42:43.010><c> we</c>

00:42:43.720 --> 00:42:43.730 align:start position:0%
reward so that basically says that we
 

00:42:43.730 --> 00:42:46.240 align:start position:0%
reward so that basically says that we
have<00:42:43.880><c> some</c><00:42:44.210><c> in</c><00:42:44.390><c> protocol</c><00:42:44.869><c> fear</c><00:42:45.170><c> and</c><00:42:45.680><c> incident</c>

00:42:46.240 --> 00:42:46.250 align:start position:0%
have some in protocol fear and incident
 

00:42:46.250 --> 00:42:48.309 align:start position:0%
have some in protocol fear and incident
you<00:42:46.670><c> within</c><00:42:47.180><c> the</c><00:42:47.299><c> context</c><00:42:47.779><c> of</c><00:42:47.869><c> any</c><00:42:47.960><c> particular</c>

00:42:48.309 --> 00:42:48.319 align:start position:0%
you within the context of any particular
 

00:42:48.319 --> 00:42:50.109 align:start position:0%
you within the context of any particular
block<00:42:48.770><c> you</c><00:42:48.950><c> can</c><00:42:49.099><c> think</c><00:42:49.279><c> of</c><00:42:49.339><c> it</c><00:42:49.460><c> as</c><00:42:49.549><c> a</c><00:42:49.609><c> constant</c>

00:42:50.109 --> 00:42:50.119 align:start position:0%
block you can think of it as a constant
 

00:42:50.119 --> 00:42:51.490 align:start position:0%
block you can think of it as a constant
but<00:42:50.270><c> the</c><00:42:50.329><c> constant</c><00:42:50.720><c> adjusts</c><00:42:51.109><c> up</c><00:42:51.200><c> and</c><00:42:51.380><c> down</c>

00:42:51.490 --> 00:42:51.500 align:start position:0%
but the constant adjusts up and down
 

00:42:51.500 --> 00:42:54.789 align:start position:0%
but the constant adjusts up and down
over<00:42:51.680><c> time</c><00:42:52.010><c> and</c><00:42:52.819><c> it's</c><00:42:53.329><c> basically</c><00:42:53.809><c> the</c><00:42:54.529><c> minor</c>

00:42:54.789 --> 00:42:54.799 align:start position:0%
over time and it's basically the minor
 

00:42:54.799 --> 00:42:57.549 align:start position:0%
over time and it's basically the minor
of<00:42:54.950><c> a</c><00:42:55.160><c> block</c><00:42:55.430><c> has</c><00:42:55.849><c> to</c><00:42:55.880><c> pay</c><00:42:56.270><c> some</c><00:42:56.599><c> amounts</c><00:42:57.079><c> or</c>

00:42:57.549 --> 00:42:57.559 align:start position:0%
of a block has to pay some amounts or
 

00:42:57.559 --> 00:42:58.990 align:start position:0%
of a block has to pay some amounts or
alternatively<00:42:58.190><c> the</c><00:42:58.400><c> block</c><00:42:58.579><c> reward</c><00:42:58.880><c> is</c>

00:42:58.990 --> 00:42:59.000 align:start position:0%
alternatively the block reward is
 

00:42:59.000 --> 00:43:01.359 align:start position:0%
alternatively the block reward is
reduced<00:42:59.299><c> by</c><00:42:59.450><c> that</c><00:42:59.630><c> amount</c><00:42:59.690><c> which</c><00:43:00.260><c> is</c><00:43:00.289><c> equal</c><00:43:01.160><c> to</c>

00:43:01.359 --> 00:43:01.369 align:start position:0%
reduced by that amount which is equal to
 

00:43:01.369 --> 00:43:03.819 align:start position:0%
reduced by that amount which is equal to
that<00:43:01.579><c> fee</c><00:43:01.880><c> multiplied</c><00:43:02.510><c> by</c><00:43:02.779><c> the</c><00:43:03.500><c> number</c><00:43:03.650><c> of</c>

00:43:03.819 --> 00:43:03.829 align:start position:0%
that fee multiplied by the number of
 

00:43:03.829 --> 00:43:07.690 align:start position:0%
that fee multiplied by the number of
gwei<00:43:04.220><c> of</c><00:43:04.400><c> gas</c><00:43:04.609><c> used</c><00:43:04.910><c> and</c><00:43:05.799><c> this</c><00:43:06.799><c> obviously</c><00:43:07.130><c> if</c>

00:43:07.690 --> 00:43:07.700 align:start position:0%
gwei of gas used and this obviously if
 

00:43:07.700 --> 00:43:09.609 align:start position:0%
gwei of gas used and this obviously if
this<00:43:08.000><c> kind</c><00:43:08.240><c> of</c><00:43:08.390><c> like</c><00:43:08.480><c> whatever</c><00:43:09.170><c> this</c><00:43:09.349><c> burn</c>

00:43:09.609 --> 00:43:09.619 align:start position:0%
this kind of like whatever this burn
 

00:43:09.619 --> 00:43:11.559 align:start position:0%
this kind of like whatever this burn
feels<00:43:10.069><c> like</c><00:43:10.369><c> it'll</c><00:43:10.549><c> push</c><00:43:10.849><c> up</c><00:43:11.089><c> the</c><00:43:11.299><c> minimum</c>

00:43:11.559 --> 00:43:11.569 align:start position:0%
feels like it'll push up the minimum
 

00:43:11.569 --> 00:43:13.630 align:start position:0%
feels like it'll push up the minimum
wave<00:43:11.990><c> or</c><00:43:12.380><c> the</c><00:43:12.410><c> minimum</c><00:43:12.829><c> gas</c><00:43:13.069><c> price</c><00:43:13.369><c> that</c><00:43:13.549><c> the</c>

00:43:13.630 --> 00:43:13.640 align:start position:0%
wave or the minimum gas price that the
 

00:43:13.640 --> 00:43:15.339 align:start position:0%
wave or the minimum gas price that the
miner<00:43:13.819><c> is</c><00:43:14.029><c> willing</c><00:43:14.270><c> to</c><00:43:14.299><c> accept</c><00:43:14.510><c> by</c><00:43:14.990><c> roughly</c>

00:43:15.339 --> 00:43:15.349 align:start position:0%
miner is willing to accept by roughly
 

00:43:15.349 --> 00:43:17.620 align:start position:0%
miner is willing to accept by roughly
the<00:43:15.440><c> same</c><00:43:15.589><c> amount</c><00:43:15.650><c> right</c><00:43:16.490><c> so</c><00:43:17.089><c> like</c><00:43:17.210><c> if</c><00:43:17.329><c> the</c><00:43:17.480><c> fee</c>

00:43:17.620 --> 00:43:17.630 align:start position:0%
the same amount right so like if the fee
 

00:43:17.630 --> 00:43:19.329 align:start position:0%
the same amount right so like if the fee
goes<00:43:17.779><c> up</c><00:43:18.020><c> to</c><00:43:18.140><c> ten</c><00:43:18.349><c> quid</c><00:43:18.589><c> then</c><00:43:18.770><c> the</c><00:43:18.859><c> miners</c><00:43:19.130><c> not</c>

00:43:19.329 --> 00:43:19.339 align:start position:0%
goes up to ten quid then the miners not
 

00:43:19.339 --> 00:43:21.130 align:start position:0%
goes up to ten quid then the miners not
gonna<00:43:19.460><c> accept</c><00:43:19.849><c> transactions</c><00:43:20.599><c> that</c><00:43:20.779><c> are</c><00:43:20.839><c> less</c>

00:43:21.130 --> 00:43:21.140 align:start position:0%
gonna accept transactions that are less
 

00:43:21.140 --> 00:43:22.420 align:start position:0%
gonna accept transactions that are less
than<00:43:21.319><c> 10</c><00:43:21.500><c> way</c><00:43:21.650><c> because</c><00:43:21.950><c> they're</c><00:43:22.069><c> not</c><00:43:22.190><c> even</c>

00:43:22.420 --> 00:43:22.430 align:start position:0%
than 10 way because they're not even
 

00:43:22.430 --> 00:43:25.000 align:start position:0%
than 10 way because they're not even
going<00:43:22.520><c> to</c><00:43:22.579><c> be</c><00:43:22.700><c> not</c><00:43:23.359><c> profitable</c><00:43:23.869><c> anymore</c><00:43:24.049><c> and</c>

00:43:25.000 --> 00:43:25.010 align:start position:0%
going to be not profitable anymore and
 

00:43:25.010 --> 00:43:27.579 align:start position:0%
going to be not profitable anymore and
the<00:43:25.819><c> idea</c><00:43:26.180><c> would</c><00:43:26.420><c> be</c><00:43:26.480><c> that</c><00:43:26.630><c> we</c><00:43:27.079><c> would</c><00:43:27.319><c> say</c>

00:43:27.579 --> 00:43:27.589 align:start position:0%
the idea would be that we would say
 

00:43:27.589 --> 00:43:30.099 align:start position:0%
the idea would be that we would say
increase<00:43:28.430><c> the</c><00:43:28.640><c> gas</c><00:43:28.819><c> limit</c><00:43:29.150><c> limit</c><00:43:29.690><c> of</c><00:43:29.779><c> a</c><00:43:29.839><c> block</c>

00:43:30.099 --> 00:43:30.109 align:start position:0%
increase the gas limit limit of a block
 

00:43:30.109 --> 00:43:32.049 align:start position:0%
increase the gas limit limit of a block
from<00:43:30.289><c> say</c><00:43:30.529><c> 10</c><00:43:30.770><c> million</c><00:43:31.160><c> to</c><00:43:31.369><c> maybe</c><00:43:31.520><c> 20</c><00:43:31.880><c> million</c>

00:43:32.049 --> 00:43:32.059 align:start position:0%
from say 10 million to maybe 20 million
 

00:43:32.059 --> 00:43:35.079 align:start position:0%
from say 10 million to maybe 20 million
or<00:43:32.329><c> more</c><00:43:32.480><c> but</c><00:43:33.020><c> then</c><00:43:33.349><c> we</c><00:43:33.980><c> would</c><00:43:34.190><c> have</c><00:43:34.220><c> this</c><00:43:34.700><c> fee</c>

00:43:35.079 --> 00:43:35.089 align:start position:0%
or more but then we would have this fee
 

00:43:35.089 --> 00:43:36.910 align:start position:0%
or more but then we would have this fee
be<00:43:35.390><c> adjusted</c><00:43:35.960><c> according</c><00:43:36.349><c> to</c><00:43:36.380><c> an</c><00:43:36.589><c> automatic</c>

00:43:36.910 --> 00:43:36.920 align:start position:0%
be adjusted according to an automatic
 

00:43:36.920 --> 00:43:41.039 align:start position:0%
be adjusted according to an automatic
algorithm<00:43:37.700><c> that</c><00:43:37.849><c> basically</c><00:43:38.020><c> in</c><00:43:39.020><c> targets</c><00:43:39.680><c> the</c>

00:43:41.039 --> 00:43:41.049 align:start position:0%
algorithm that basically in targets the
 

00:43:41.049 --> 00:43:44.260 align:start position:0%
algorithm that basically in targets the
use<00:43:42.049><c> average</c><00:43:42.289><c> usage</c><00:43:43.010><c> of</c><00:43:43.220><c> gas</c><00:43:43.549><c> and</c><00:43:43.789><c> a</c><00:43:43.819><c> block</c><00:43:44.059><c> to</c>

00:43:44.260 --> 00:43:44.270 align:start position:0%
use average usage of gas and a block to
 

00:43:44.270 --> 00:43:46.720 align:start position:0%
use average usage of gas and a block to
be<00:43:44.390><c> to</c><00:43:44.809><c> be</c><00:43:44.960><c> at</c><00:43:45.079><c> the</c><00:43:45.230><c> ten</c><00:43:45.410><c> million</c><00:43:45.589><c> level</c><00:43:46.039><c> so</c><00:43:46.520><c> if</c>

00:43:46.720 --> 00:43:46.730 align:start position:0%
be to be at the ten million level so if
 

00:43:46.730 --> 00:43:48.490 align:start position:0%
be to be at the ten million level so if
a<00:43:46.880><c> block</c><00:43:47.119><c> sometimes</c><00:43:47.510><c> blocks</c><00:43:48.109><c> will</c><00:43:48.230><c> be</c><00:43:48.319><c> bigger</c>

00:43:48.490 --> 00:43:48.500 align:start position:0%
a block sometimes blocks will be bigger
 

00:43:48.500 --> 00:43:49.740 align:start position:0%
a block sometimes blocks will be bigger
sometimes<00:43:48.980><c> walk</c><00:43:49.160><c> is</c><00:43:49.309><c> always</c><00:43:49.460><c> smaller</c>

00:43:49.740 --> 00:43:49.750 align:start position:0%
sometimes walk is always smaller
 

00:43:49.750 --> 00:43:51.760 align:start position:0%
sometimes walk is always smaller
whenever<00:43:50.750><c> blocks</c><00:43:51.049><c> are</c><00:43:51.230><c> bigger</c><00:43:51.410><c> the</c><00:43:51.619><c> fee</c><00:43:51.740><c> goes</c>

00:43:51.760 --> 00:43:51.770 align:start position:0%
whenever blocks are bigger the fee goes
 

00:43:51.770 --> 00:43:53.349 align:start position:0%
whenever blocks are bigger the fee goes
up<00:43:52.099><c> whenever</c><00:43:52.309><c> blocks</c><00:43:52.670><c> were</c><00:43:52.789><c> smaller</c><00:43:53.029><c> the</c><00:43:53.240><c> fee</c>

00:43:53.349 --> 00:43:53.359 align:start position:0%
up whenever blocks were smaller the fee
 

00:43:53.359 --> 00:43:55.690 align:start position:0%
up whenever blocks were smaller the fee
goes<00:43:53.510><c> down</c><00:43:53.779><c> and</c><00:43:54.079><c> so</c><00:43:54.200><c> at</c><00:43:54.470><c> equilibrium</c><00:43:54.700><c> like</c>

00:43:55.690 --> 00:43:55.700 align:start position:0%
goes down and so at equilibrium like
 

00:43:55.700 --> 00:43:59.200 align:start position:0%
goes down and so at equilibrium like
there's<00:43:55.970><c> some</c><00:43:56.299><c> kind</c><00:43:56.660><c> of</c><00:43:56.829><c> mandatory</c><00:43:57.829><c> fee</c><00:43:58.309><c> that</c>

00:43:59.200 --> 00:43:59.210 align:start position:0%
there's some kind of mandatory fee that
 

00:43:59.210 --> 00:44:01.480 align:start position:0%
there's some kind of mandatory fee that
gets<00:43:59.480><c> that</c><00:44:00.020><c> kind</c><00:44:00.230><c> of</c><00:44:00.349><c> gets</c><00:44:00.559><c> burns</c><00:44:00.980><c> and</c><00:44:01.160><c> miners</c>

00:44:01.480 --> 00:44:01.490 align:start position:0%
gets that kind of gets burns and miners
 

00:44:01.490 --> 00:44:05.339 align:start position:0%
gets that kind of gets burns and miners
are<00:44:01.730><c> going</c><00:44:02.029><c> to</c><00:44:02.180><c> accept</c><00:44:02.480><c> below</c><00:44:02.839><c> it</c><00:44:03.049><c> but</c><00:44:03.680><c> the</c><00:44:04.579><c> end</c>

00:44:05.339 --> 00:44:05.349 align:start position:0%
are going to accept below it but the end
 

00:44:05.349 --> 00:44:08.049 align:start position:0%
are going to accept below it but the end
like<00:44:06.349><c> blocks</c><00:44:06.710><c> are</c><00:44:06.950><c> an</c><00:44:07.069><c> on</c><00:44:07.250><c> average</c><00:44:07.609><c> gonna</c><00:44:07.849><c> be</c><00:44:08.029><c> a</c>

00:44:08.049 --> 00:44:08.059 align:start position:0%
like blocks are an on average gonna be a
 

00:44:08.059 --> 00:44:10.359 align:start position:0%
like blocks are an on average gonna be a
half<00:44:08.839><c> full</c><00:44:09.140><c> or</c><00:44:09.170><c> one-third</c><00:44:09.650><c> fo</c><00:44:09.890><c> instead</c><00:44:10.279><c> of</c>

00:44:10.359 --> 00:44:10.369 align:start position:0%
half full or one-third fo instead of
 

00:44:10.369 --> 00:44:13.240 align:start position:0%
half full or one-third fo instead of
being<00:44:10.579><c> completely</c><00:44:10.940><c> fall</c><00:44:11.210><c> the</c><00:44:11.869><c> reason</c><00:44:12.440><c> why</c><00:44:12.890><c> we</c>

00:44:13.240 --> 00:44:13.250 align:start position:0%
being completely fall the reason why we
 

00:44:13.250 --> 00:44:15.010 align:start position:0%
being completely fall the reason why we
wants<00:44:13.579><c> to</c><00:44:13.700><c> do</c><00:44:13.880><c> this</c><00:44:14.059><c> and</c><00:44:14.450><c> there's</c><00:44:14.630><c> actually</c><00:44:14.990><c> a</c>

00:44:15.010 --> 00:44:15.020 align:start position:0%
wants to do this and there's actually a
 

00:44:15.020 --> 00:44:17.529 align:start position:0%
wants to do this and there's actually a
few<00:44:15.200><c> different</c><00:44:15.380><c> reasons</c><00:44:15.789><c> one</c><00:44:16.789><c> of</c><00:44:16.970><c> them</c><00:44:17.210><c> is</c>

00:44:17.529 --> 00:44:17.539 align:start position:0%
few different reasons one of them is
 

00:44:17.539 --> 00:44:20.920 align:start position:0%
few different reasons one of them is
that<00:44:18.730><c> but</c><00:44:19.730><c> the</c><00:44:19.819><c> most</c><00:44:19.940><c> fundamental</c><00:44:20.210><c> one</c><00:44:20.690><c> is</c>

00:44:20.920 --> 00:44:20.930 align:start position:0%
that but the most fundamental one is
 

00:44:20.930 --> 00:44:23.230 align:start position:0%
that but the most fundamental one is
that<00:44:21.109><c> currently</c><00:44:21.559><c> fee</c><00:44:21.890><c> markets</c><00:44:22.339><c> work</c><00:44:22.670><c> really</c>

00:44:23.230 --> 00:44:23.240 align:start position:0%
that currently fee markets work really
 

00:44:23.240 --> 00:44:26.910 align:start position:0%
that currently fee markets work really
horribly<00:44:23.450><c> so</c><00:44:24.260><c> one</c><00:44:25.160><c> example</c><00:44:25.580><c> of</c><00:44:26.330><c> this</c><00:44:26.540><c> is</c><00:44:26.840><c> that</c>

00:44:26.910 --> 00:44:26.920 align:start position:0%
horribly so one example of this is that
 

00:44:26.920 --> 00:44:30.340 align:start position:0%
horribly so one example of this is that
like<00:44:27.920><c> on</c><00:44:28.160><c> average</c><00:44:28.610><c> people</c><00:44:28.910><c> tends</c><00:44:29.330><c> to</c><00:44:29.630><c> overpay</c>

00:44:30.340 --> 00:44:30.350 align:start position:0%
like on average people tends to overpay
 

00:44:30.350 --> 00:44:32.500 align:start position:0%
like on average people tends to overpay
by<00:44:30.619><c> a</c><00:44:30.650><c> factor</c><00:44:31.220><c> of</c><00:44:31.250><c> somewhere</c><00:44:31.790><c> between</c><00:44:31.850><c> three</c>

00:44:32.500 --> 00:44:32.510 align:start position:0%
by a factor of somewhere between three
 

00:44:32.510 --> 00:44:34.270 align:start position:0%
by a factor of somewhere between three
and<00:44:32.540><c> three</c><00:44:33.080><c> and</c><00:44:33.110><c> five</c><00:44:33.410><c> or</c><00:44:33.650><c> higher</c><00:44:33.800><c> than</c><00:44:34.040><c> five</c>

00:44:34.270 --> 00:44:34.280 align:start position:0%
and three and five or higher than five
 

00:44:34.280 --> 00:44:36.700 align:start position:0%
and three and five or higher than five
for<00:44:34.670><c> our</c><00:44:34.730><c> transactions</c><00:44:35.360><c> and</c><00:44:36.080><c> like</c><00:44:36.380><c> you</c><00:44:36.530><c> see</c>

00:44:36.700 --> 00:44:36.710 align:start position:0%
for our transactions and like you see
 

00:44:36.710 --> 00:44:38.410 align:start position:0%
for our transactions and like you see
people<00:44:36.860><c> talking</c><00:44:37.310><c> about</c><00:44:37.430><c> a</c><00:44:37.550><c> trade-off</c><00:44:37.970><c> of</c><00:44:38.030><c> like</c>

00:44:38.410 --> 00:44:38.420 align:start position:0%
people talking about a trade-off of like
 

00:44:38.420 --> 00:44:40.450 align:start position:0%
people talking about a trade-off of like
you<00:44:38.510><c> either</c><00:44:38.690><c> pay</c><00:44:38.990><c> five</c><00:44:39.230><c> times</c><00:44:39.500><c> more</c><00:44:39.800><c> and</c><00:44:40.130><c> you</c>

00:44:40.450 --> 00:44:40.460 align:start position:0%
you either pay five times more and you
 

00:44:40.460 --> 00:44:42.580 align:start position:0%
you either pay five times more and you
get<00:44:40.610><c> included</c><00:44:40.850><c> right</c><00:44:41.210><c> now</c><00:44:41.420><c> or</c><00:44:41.840><c> you</c><00:44:42.080><c> pay</c><00:44:42.320><c> like</c>

00:44:42.580 --> 00:44:42.590 align:start position:0%
get included right now or you pay like
 

00:44:42.590 --> 00:44:44.859 align:start position:0%
get included right now or you pay like
two<00:44:42.830><c> took</c><00:44:43.040><c> the</c><00:44:43.610><c> minimum</c><00:44:44.060><c> and</c><00:44:44.210><c> you</c><00:44:44.270><c> wait</c><00:44:44.570><c> maybe</c>

00:44:44.859 --> 00:44:44.869 align:start position:0%
two took the minimum and you wait maybe
 

00:44:44.869 --> 00:44:47.320 align:start position:0%
two took the minimum and you wait maybe
a<00:44:44.960><c> minute</c><00:44:45.170><c> and</c><00:44:45.350><c> maybe</c><00:44:45.560><c> ten</c><00:44:45.800><c> minutes</c><00:44:46.160><c> but</c><00:44:46.490><c> like</c>

00:44:47.320 --> 00:44:47.330 align:start position:0%
a minute and maybe ten minutes but like
 

00:44:47.330 --> 00:44:49.210 align:start position:0%
a minute and maybe ten minutes but like
in<00:44:47.540><c> reality</c><00:44:47.750><c> that</c><00:44:48.290><c> waiting</c><00:44:48.830><c> is</c><00:44:48.980><c> like</c>

00:44:49.210 --> 00:44:49.220 align:start position:0%
in reality that waiting is like
 

00:44:49.220 --> 00:44:50.920 align:start position:0%
in reality that waiting is like
completely<00:44:49.700><c> socially</c><00:44:49.880><c> unproductive</c><00:44:50.750><c> right</c>

00:44:50.920 --> 00:44:50.930 align:start position:0%
completely socially unproductive right
 

00:44:50.930 --> 00:44:52.540 align:start position:0%
completely socially unproductive right
because<00:44:51.200><c> it's</c><00:44:51.380><c> the</c><00:44:51.500><c> same</c><00:44:51.710><c> load</c><00:44:51.980><c> to</c><00:44:52.160><c> the</c><00:44:52.280><c> chain</c>

00:44:52.540 --> 00:44:52.550 align:start position:0%
because it's the same load to the chain
 

00:44:52.550 --> 00:44:54.190 align:start position:0%
because it's the same load to the chain
well<00:44:52.820><c> no</c><00:44:53.000><c> matter</c><00:44:53.180><c> if</c><00:44:53.420><c> it</c><00:44:53.510><c> happens</c><00:44:53.810><c> now</c><00:44:53.960><c> or</c><00:44:54.110><c> if</c>

00:44:54.190 --> 00:44:54.200 align:start position:0%
well no matter if it happens now or if
 

00:44:54.200 --> 00:44:56.560 align:start position:0%
well no matter if it happens now or if
it<00:44:54.290><c> happens</c><00:44:54.410><c> ten</c><00:44:54.740><c> minutes</c><00:44:55.040><c> from</c><00:44:55.130><c> now</c><00:44:55.220><c> and</c><00:44:55.700><c> and</c>

00:44:56.560 --> 00:44:56.570 align:start position:0%
it happens ten minutes from now and and
 

00:44:56.570 --> 00:44:59.410 align:start position:0%
it happens ten minutes from now and and
also<00:44:56.750><c> just</c><00:44:57.369><c> it</c><00:44:58.369><c> adds</c><00:44:58.580><c> a</c><00:44:58.790><c> lot</c><00:44:58.940><c> of</c><00:44:59.000><c> wallet</c>

00:44:59.410 --> 00:44:59.420 align:start position:0%
also just it adds a lot of wallet
 

00:44:59.420 --> 00:45:01.030 align:start position:0%
also just it adds a lot of wallet
complexity<00:45:00.110><c> that</c><00:45:00.290><c> people</c><00:45:00.590><c> have</c><00:45:00.740><c> to</c><00:45:00.890><c> like</c>

00:45:01.030 --> 00:45:01.040 align:start position:0%
complexity that people have to like
 

00:45:01.040 --> 00:45:02.530 align:start position:0%
complexity that people have to like
think<00:45:01.310><c> about</c><00:45:01.400><c> oh</c><00:45:01.670><c> is</c><00:45:01.820><c> this</c><00:45:01.970><c> gonna</c><00:45:02.119><c> be</c><00:45:02.270><c> a</c><00:45:02.300><c> solo</c>

00:45:02.530 --> 00:45:02.540 align:start position:0%
think about oh is this gonna be a solo
 

00:45:02.540 --> 00:45:03.880 align:start position:0%
think about oh is this gonna be a solo
transaction<00:45:03.110><c> is</c><00:45:03.230><c> this</c><00:45:03.320><c> gonna</c><00:45:03.470><c> be</c><00:45:03.560><c> a</c><00:45:03.650><c> fast</c>

00:45:03.880 --> 00:45:03.890 align:start position:0%
transaction is this gonna be a fast
 

00:45:03.890 --> 00:45:06.910 align:start position:0%
transaction is this gonna be a fast
transaction<00:45:04.580><c> so</c><00:45:05.350><c> EAP</c><00:45:06.350><c> one</c><00:45:06.500><c> five</c><00:45:06.710><c> five</c><00:45:06.890><c> nine</c>

00:45:06.910 --> 00:45:06.920 align:start position:0%
transaction so EAP one five five nine
 

00:45:06.920 --> 00:45:09.640 align:start position:0%
transaction so EAP one five five nine
fixes<00:45:07.580><c> it</c><00:45:07.730><c> by</c><00:45:07.880><c> making</c><00:45:08.090><c> the</c><00:45:08.840><c> calculations</c><00:45:09.560><c> you</c>

00:45:09.640 --> 00:45:09.650 align:start position:0%
fixes it by making the calculations you
 

00:45:09.650 --> 00:45:11.470 align:start position:0%
fixes it by making the calculations you
will<00:45:09.710><c> minor</c><00:45:09.980><c> much</c><00:45:10.310><c> some</c><00:45:10.550><c> much</c><00:45:10.880><c> simpler</c><00:45:11.300><c> the</c>

00:45:11.470 --> 00:45:11.480 align:start position:0%
will minor much some much simpler the
 

00:45:11.480 --> 00:45:14.080 align:start position:0%
will minor much some much simpler the
calculation<00:45:12.080><c> basically</c><00:45:12.290><c> as</c><00:45:12.800><c> if</c><00:45:13.460><c> there</c><00:45:13.910><c> is</c><00:45:14.060><c> a</c>

00:45:14.080 --> 00:45:14.090 align:start position:0%
calculation basically as if there is a
 

00:45:14.090 --> 00:45:16.510 align:start position:0%
calculation basically as if there is a
transaction<00:45:14.840><c> that</c><00:45:14.990><c> pays</c><00:45:15.530><c> the</c><00:45:15.830><c> burn</c><00:45:16.040><c> like</c>

00:45:16.510 --> 00:45:16.520 align:start position:0%
transaction that pays the burn like
 

00:45:16.520 --> 00:45:18.880 align:start position:0%
transaction that pays the burn like
whatever<00:45:16.910><c> the</c><00:45:17.090><c> burn</c><00:45:17.240><c> fee</c><00:45:17.510><c> is</c><00:45:17.690><c> plus</c><00:45:18.410><c> whatever</c>

00:45:18.880 --> 00:45:18.890 align:start position:0%
whatever the burn fee is plus whatever
 

00:45:18.890 --> 00:45:21.670 align:start position:0%
whatever the burn fee is plus whatever
amount<00:45:19.310><c> and</c><00:45:19.700><c> it</c><00:45:19.820><c> overcomes</c><00:45:20.390><c> the</c><00:45:21.050><c> extra</c><00:45:21.500><c> risk</c>

00:45:21.670 --> 00:45:21.680 align:start position:0%
amount and it overcomes the extra risk
 

00:45:21.680 --> 00:45:23.650 align:start position:0%
amount and it overcomes the extra risk
that<00:45:21.980><c> my</c><00:45:22.100><c> block</c><00:45:22.340><c> will</c><00:45:22.490><c> be</c><00:45:22.580><c> an</c><00:45:22.670><c> uncle</c><00:45:22.820><c> and</c><00:45:23.240><c> that</c>

00:45:23.650 --> 00:45:23.660 align:start position:0%
that my block will be an uncle and that
 

00:45:23.660 --> 00:45:25.450 align:start position:0%
that my block will be an uncle and that
value<00:45:24.020><c> has</c><00:45:24.140><c> been</c><00:45:24.290><c> estimated</c><00:45:24.440><c> to</c><00:45:24.920><c> be</c><00:45:25.040><c> about</c><00:45:25.130><c> one</c>

00:45:25.450 --> 00:45:25.460 align:start position:0%
value has been estimated to be about one
 

00:45:25.460 --> 00:45:28.660 align:start position:0%
value has been estimated to be about one
guei<00:45:25.730><c> that'll</c><00:45:26.300><c> accept</c><00:45:26.630><c> it</c><00:45:26.840><c> and</c><00:45:27.020><c> so</c><00:45:27.670><c> clients</c>

00:45:28.660 --> 00:45:28.670 align:start position:0%
guei that'll accept it and so clients
 

00:45:28.670 --> 00:45:31.420 align:start position:0%
guei that'll accept it and so clients
would<00:45:28.850><c> just</c><00:45:29.090><c> like</c><00:45:29.300><c> pay</c><00:45:29.540><c> like</c><00:45:30.350><c> calculate</c><00:45:31.190><c> the</c>

00:45:31.420 --> 00:45:31.430 align:start position:0%
would just like pay like calculate the
 

00:45:31.430 --> 00:45:32.740 align:start position:0%
would just like pay like calculate the
fee<00:45:31.580><c> that</c><00:45:31.700><c> they</c><00:45:31.820><c> pay</c><00:45:32.030><c> based</c><00:45:32.270><c> on</c><00:45:32.420><c> a</c><00:45:32.480><c> simple</c>

00:45:32.740 --> 00:45:32.750 align:start position:0%
fee that they pay based on a simple
 

00:45:32.750 --> 00:45:36.280 align:start position:0%
fee that they pay based on a simple
formula<00:45:33.109><c> and</c><00:45:33.670><c> it'll</c><00:45:34.720><c> reliably</c><00:45:35.720><c> get</c><00:45:35.990><c> into</c><00:45:36.200><c> the</c>

00:45:36.280 --> 00:45:36.290 align:start position:0%
formula and it'll reliably get into the
 

00:45:36.290 --> 00:45:38.770 align:start position:0%
formula and it'll reliably get into the
chain<00:45:36.560><c> and</c><00:45:36.890><c> so</c><00:45:37.369><c> users</c><00:45:37.850><c> will</c><00:45:38.090><c> be</c><00:45:38.119><c> able</c><00:45:38.330><c> to</c><00:45:38.600><c> get</c>

00:45:38.770 --> 00:45:38.780 align:start position:0%
chain and so users will be able to get
 

00:45:38.780 --> 00:45:40.359 align:start position:0%
chain and so users will be able to get
like<00:45:38.990><c> pretty</c><00:45:39.230><c> reliable</c><00:45:39.740><c> next</c><00:45:40.130><c> block</c>

00:45:40.359 --> 00:45:40.369 align:start position:0%
like pretty reliable next block
 

00:45:40.369 --> 00:45:42.010 align:start position:0%
like pretty reliable next block
inclusion<00:45:40.880><c> of</c><00:45:41.000><c> any</c><00:45:41.150><c> of</c><00:45:41.270><c> their</c><00:45:41.420><c> transactions</c>

00:45:42.010 --> 00:45:42.020 align:start position:0%
inclusion of any of their transactions
 

00:45:42.020 --> 00:45:44.260 align:start position:0%
inclusion of any of their transactions
even<00:45:42.619><c> if</c><00:45:42.950><c> there</c><00:45:43.100><c> are</c><00:45:43.250><c> odd</c><00:45:43.430><c> short-term</c><00:45:43.880><c> spikes</c>

00:45:44.260 --> 00:45:44.270 align:start position:0%
even if there are odd short-term spikes
 

00:45:44.270 --> 00:45:46.390 align:start position:0%
even if there are odd short-term spikes
and<00:45:44.510><c> there's</c><00:45:44.690><c> like</c><00:45:44.990><c> suddenly</c><00:45:45.410><c> two</c><00:45:45.980><c> times</c><00:45:46.220><c> more</c>

00:45:46.390 --> 00:45:46.400 align:start position:0%
and there's like suddenly two times more
 

00:45:46.400 --> 00:45:47.800 align:start position:0%
and there's like suddenly two times more
usage<00:45:46.760><c> in</c><00:45:46.850><c> this</c><00:45:46.940><c> minute</c><00:45:47.240><c> and</c><00:45:47.390><c> electrodes</c><00:45:47.750><c> I</c>

00:45:47.800 --> 00:45:47.810 align:start position:0%
usage in this minute and electrodes I
 

00:45:47.810 --> 00:45:49.599 align:start position:0%
usage in this minute and electrodes I
was<00:45:47.930><c> watching</c><00:45:48.230><c> usage</c><00:45:48.710><c> the</c><00:45:48.859><c> next</c><00:45:49.070><c> minute</c><00:45:49.400><c> so</c>

00:45:49.599 --> 00:45:49.609 align:start position:0%
was watching usage the next minute so
 

00:45:49.609 --> 00:45:53.290 align:start position:0%
was watching usage the next minute so
it's<00:45:50.140><c> intended</c><00:45:51.140><c> as</c><00:45:51.470><c> a</c><00:45:51.680><c> kind</c><00:45:51.920><c> of</c><00:45:52.040><c> fee</c><00:45:52.880><c> market</c>

00:45:53.290 --> 00:45:53.300 align:start position:0%
it's intended as a kind of fee market
 

00:45:53.300 --> 00:45:56.020 align:start position:0%
it's intended as a kind of fee market
simplification<00:45:54.290><c> and</c><00:45:54.590><c> a</c><00:45:55.340><c> user</c><00:45:55.760><c> experience</c>

00:45:56.020 --> 00:45:56.030 align:start position:0%
simplification and a user experience
 

00:45:56.030 --> 00:45:59.320 align:start position:0%
simplification and a user experience
increase<00:45:56.930><c> because</c><00:45:57.440><c> like</c><00:45:57.800><c> users</c><00:45:58.190><c> just</c><00:45:58.850><c> won't</c>

00:45:59.320 --> 00:45:59.330 align:start position:0%
increase because like users just won't
 

00:45:59.330 --> 00:46:02.410 align:start position:0%
increase because like users just won't
happen<00:45:59.570><c> won't</c><00:45:59.869><c> have</c><00:46:00.080><c> to</c><00:46:00.230><c> wait</c><00:46:00.410><c> anymore</c><00:46:01.420><c> what</c>

00:46:02.410 --> 00:46:02.420 align:start position:0%
happen won't have to wait anymore what
 

00:46:02.420 --> 00:46:05.800 align:start position:0%
happen won't have to wait anymore what
does<00:46:02.510><c> that</c><00:46:02.570><c> do</c><00:46:02.869><c> for</c><00:46:03.609><c> users</c><00:46:04.609><c> who</c><00:46:04.640><c> are</c><00:46:05.000><c> willing</c>

00:46:05.800 --> 00:46:05.810 align:start position:0%
does that do for users who are willing
 

00:46:05.810 --> 00:46:07.960 align:start position:0%
does that do for users who are willing
to<00:46:06.170><c> let</c><00:46:06.680><c> a</c><00:46:06.710><c> transaction</c><00:46:07.310><c> happen</c><00:46:07.550><c> sometime</c>

00:46:07.960 --> 00:46:07.970 align:start position:0%
to let a transaction happen sometime
 

00:46:07.970 --> 00:46:09.670 align:start position:0%
to let a transaction happen sometime
over<00:46:08.210><c> the</c><00:46:08.300><c> next</c><00:46:08.510><c> day</c><00:46:08.750><c> they're</c><00:46:09.410><c> very</c>

00:46:09.670 --> 00:46:09.680 align:start position:0%
over the next day they're very
 

00:46:09.680 --> 00:46:11.980 align:start position:0%
over the next day they're very
price-sensitive<00:46:09.890><c> saying</c><00:46:10.580><c> yeah</c><00:46:11.210><c> so</c><00:46:11.480><c> users</c>

00:46:11.980 --> 00:46:11.990 align:start position:0%
price-sensitive saying yeah so users
 

00:46:11.990 --> 00:46:15.310 align:start position:0%
price-sensitive saying yeah so users
will<00:46:12.020><c> be</c><00:46:12.650><c> able</c><00:46:13.369><c> to</c><00:46:13.820><c> still</c><00:46:14.300><c> like</c><00:46:14.600><c> basically</c><00:46:15.109><c> say</c>

00:46:15.310 --> 00:46:15.320 align:start position:0%
will be able to still like basically say
 

00:46:15.320 --> 00:46:17.440 align:start position:0%
will be able to still like basically say
I<00:46:15.590><c> want</c><00:46:16.190><c> to</c><00:46:16.280><c> pay</c><00:46:16.430><c> a</c><00:46:16.460><c> transaction</c><00:46:16.730><c> I'm</c><00:46:17.300><c> gonna</c>

00:46:17.440 --> 00:46:17.450 align:start position:0%
I want to pay a transaction I'm gonna
 

00:46:17.450 --> 00:46:19.890 align:start position:0%
I want to pay a transaction I'm gonna
pay<00:46:17.690><c> a</c><00:46:17.720><c> gas</c><00:46:18.080><c> price</c><00:46:18.470><c> which</c><00:46:18.740><c> is</c><00:46:18.920><c> lower</c><00:46:19.190><c> than</c><00:46:19.340><c> the</c>

00:46:19.890 --> 00:46:19.900 align:start position:0%
pay a gas price which is lower than the
 

00:46:19.900 --> 00:46:22.840 align:start position:0%
pay a gas price which is lower than the
let's<00:46:20.900><c> say</c><00:46:21.020><c> for</c><00:46:21.200><c> example</c><00:46:21.230><c> I</c><00:46:21.890><c> as</c><00:46:22.340><c> a</c><00:46:22.369><c> transaction</c>

00:46:22.840 --> 00:46:22.850 align:start position:0%
let's say for example I as a transaction
 

00:46:22.850 --> 00:46:25.270 align:start position:0%
let's say for example I as a transaction
sender<00:46:23.480><c> see</c><00:46:23.840><c> that</c><00:46:24.200><c> the</c><00:46:24.590><c> current</c><00:46:24.800><c> fee</c><00:46:25.070><c> that's</c>

00:46:25.270 --> 00:46:25.280 align:start position:0%
sender see that the current fee that's
 

00:46:25.280 --> 00:46:26.830 align:start position:0%
sender see that the current fee that's
being<00:46:25.550><c> burned</c><00:46:25.820><c> is</c><00:46:26.060><c> like</c><00:46:26.240><c> pushed</c><00:46:26.510><c> all</c><00:46:26.720><c> the</c><00:46:26.750><c> way</c>

00:46:26.830 --> 00:46:26.840 align:start position:0%
being burned is like pushed all the way
 

00:46:26.840 --> 00:46:29.620 align:start position:0%
being burned is like pushed all the way
up<00:46:27.080><c> to</c><00:46:27.230><c> 23</c><00:46:27.710><c> way</c><00:46:27.950><c> because</c><00:46:28.550><c> like</c><00:46:28.940><c> I</c><00:46:29.090><c> know</c><00:46:29.300><c> fair</c>

00:46:29.620 --> 00:46:29.630 align:start position:0%
up to 23 way because like I know fair
 

00:46:29.630 --> 00:46:31.530 align:start position:0%
up to 23 way because like I know fair
one<00:46:29.810><c> is</c><00:46:29.930><c> doing</c><00:46:30.080><c> stupid</c><00:46:30.380><c> stuff</c>

00:46:31.530 --> 00:46:31.540 align:start position:0%
one is doing stupid stuff
 

00:46:31.540 --> 00:46:34.620 align:start position:0%
one is doing stupid stuff
and<00:46:31.660><c> I</c><00:46:32.200><c> as</c><00:46:33.070><c> a</c><00:46:33.220><c> user</c><00:46:33.370><c> know</c><00:46:33.850><c> that</c><00:46:34.180><c> fair</c><00:46:34.390><c> ones</c>

00:46:34.620 --> 00:46:34.630 align:start position:0%
and I as a user know that fair ones
 

00:46:34.630 --> 00:46:36.450 align:start position:0%
and I as a user know that fair ones
doing<00:46:34.870><c> stupid</c><00:46:35.080><c> stuff</c><00:46:35.230><c> is</c><00:46:35.530><c> exceptional</c><00:46:36.160><c> and</c>

00:46:36.450 --> 00:46:36.460 align:start position:0%
doing stupid stuff is exceptional and
 

00:46:36.460 --> 00:46:38.400 align:start position:0%
doing stupid stuff is exceptional and
four<00:46:36.760><c> hours</c><00:46:37.030><c> from</c><00:46:37.210><c> now</c><00:46:37.390><c> chances</c><00:46:37.750><c> are</c><00:46:37.990><c> fair</c><00:46:38.230><c> one</c>

00:46:38.400 --> 00:46:38.410 align:start position:0%
four hours from now chances are fair one
 

00:46:38.410 --> 00:46:40.620 align:start position:0%
four hours from now chances are fair one
will<00:46:38.500><c> stop</c><00:46:38.740><c> doing</c><00:46:38.890><c> stupid</c><00:46:39.190><c> stuff</c><00:46:39.370><c> so</c><00:46:40.090><c> I</c><00:46:40.120><c> as</c><00:46:40.600><c> a</c>

00:46:40.620 --> 00:46:40.630 align:start position:0%
will stop doing stupid stuff so I as a
 

00:46:40.630 --> 00:46:43.290 align:start position:0%
will stop doing stupid stuff so I as a
user<00:46:40.840><c> totally</c><00:46:41.500><c> can</c><00:46:41.800><c> send</c><00:46:42.520><c> a</c><00:46:42.580><c> transaction</c><00:46:42.970><c> with</c>

00:46:43.290 --> 00:46:43.300 align:start position:0%
user totally can send a transaction with
 

00:46:43.300 --> 00:46:45.240 align:start position:0%
user totally can send a transaction with
a<00:46:43.330><c> gas</c><00:46:43.540><c> price</c><00:46:43.870><c> of</c><00:46:44.050><c> say</c><00:46:44.230><c> nine</c><00:46:44.500><c> gwei</c><00:46:44.800><c> instead</c><00:46:45.160><c> of</c>

00:46:45.240 --> 00:46:45.250 align:start position:0%
a gas price of say nine gwei instead of
 

00:46:45.250 --> 00:46:47.520 align:start position:0%
a gas price of say nine gwei instead of
twenty<00:46:45.490><c> three</c><00:46:45.760><c> and</c><00:46:46.120><c> whenever</c><00:46:46.870><c> fair</c><00:46:47.320><c> wind</c>

00:46:47.520 --> 00:46:47.530 align:start position:0%
twenty three and whenever fair wind
 

00:46:47.530 --> 00:46:49.080 align:start position:0%
twenty three and whenever fair wind
stops<00:46:47.770><c> doing</c><00:46:47.980><c> stupid</c><00:46:48.250><c> stuff</c><00:46:48.640><c> to</c><00:46:48.670><c> get</c><00:46:48.910><c> the</c>

00:46:49.080 --> 00:46:49.090 align:start position:0%
stops doing stupid stuff to get the
 

00:46:49.090 --> 00:46:50.850 align:start position:0%
stops doing stupid stuff to get the
burns<00:46:49.360><c> gas</c><00:46:49.630><c> price</c><00:46:49.870><c> we</c><00:46:50.050><c> collaborate</c><00:46:50.500><c> down</c><00:46:50.680><c> to</c>

00:46:50.850 --> 00:46:50.860 align:start position:0%
burns gas price we collaborate down to
 

00:46:50.860 --> 00:46:52.350 align:start position:0%
burns gas price we collaborate down to
below<00:46:51.040><c> nine</c><00:46:51.280><c> image</c><00:46:51.640><c> production</c><00:46:51.940><c> will</c><00:46:52.210><c> get</c>

00:46:52.350 --> 00:46:52.360 align:start position:0%
below nine image production will get
 

00:46:52.360 --> 00:46:54.930 align:start position:0%
below nine image production will get
included<00:46:52.780><c> so</c><00:46:53.290><c> that's</c><00:46:53.530><c> like</c><00:46:53.860><c> totally</c><00:46:54.580><c> fine</c><00:46:54.760><c> an</c>

00:46:54.930 --> 00:46:54.940 align:start position:0%
included so that's like totally fine an
 

00:46:54.940 --> 00:46:57.780 align:start position:0%
included so that's like totally fine an
intended<00:46:55.300><c> behavior</c><00:46:55.600><c> that</c><00:46:55.750><c> you</c><00:46:55.840><c> can</c><00:46:56.020><c> do</c><00:46:56.760><c> so</c><00:46:57.760><c> I</c>

00:46:57.780 --> 00:46:57.790 align:start position:0%
intended behavior that you can do so I
 

00:46:57.790 --> 00:47:00.150 align:start position:0%
intended behavior that you can do so I
want<00:46:58.030><c> to</c><00:46:58.060><c> comment</c><00:46:58.300><c> in</c><00:46:58.540><c> this</c><00:46:58.690><c> that</c><00:46:58.930><c> we</c><00:46:59.770><c> a</c><00:46:59.800><c> lot</c><00:47:00.100><c> of</c>

00:47:00.150 --> 00:47:00.160 align:start position:0%
want to comment in this that we a lot of
 

00:47:00.160 --> 00:47:02.670 align:start position:0%
want to comment in this that we a lot of
times<00:47:00.280><c> we're</c><00:47:00.760><c> thinking</c><00:47:01.060><c> about</c><00:47:01.180><c> like</c><00:47:01.960><c> the</c><00:47:02.380><c> one</c>

00:47:02.670 --> 00:47:02.680 align:start position:0%
times we're thinking about like the one
 

00:47:02.680 --> 00:47:05.340 align:start position:0%
times we're thinking about like the one
user<00:47:02.920><c> sending</c><00:47:03.490><c> one</c><00:47:03.640><c> transaction</c><00:47:04.170><c> which</c><00:47:05.170><c> is</c>

00:47:05.340 --> 00:47:05.350 align:start position:0%
user sending one transaction which is
 

00:47:05.350 --> 00:47:07.980 align:start position:0%
user sending one transaction which is
okay<00:47:05.680><c> you</c><00:47:05.740><c> know</c><00:47:06.070><c> you</c><00:47:06.130><c> can</c><00:47:06.490><c> wait</c><00:47:06.970><c> or</c><00:47:07.390><c> you</c><00:47:07.570><c> can</c><00:47:07.810><c> do</c>

00:47:07.980 --> 00:47:07.990 align:start position:0%
okay you know you can wait or you can do
 

00:47:07.990 --> 00:47:10.590 align:start position:0%
okay you know you can wait or you can do
it<00:47:08.050><c> within</c><00:47:08.380><c> like</c><00:47:08.830><c> you</c><00:47:09.100><c> pay</c><00:47:09.310><c> a</c><00:47:09.340><c> bit</c><00:47:09.490><c> more</c><00:47:09.600><c> but</c>

00:47:10.590 --> 00:47:10.600 align:start position:0%
it within like you pay a bit more but
 

00:47:10.600 --> 00:47:12.210 align:start position:0%
it within like you pay a bit more but
the<00:47:10.840><c> real</c><00:47:10.990><c> problem</c><00:47:11.410><c> is</c><00:47:11.560><c> that</c><00:47:11.590><c> for</c><00:47:11.890><c> the</c><00:47:12.040><c> people</c>

00:47:12.210 --> 00:47:12.220 align:start position:0%
the real problem is that for the people
 

00:47:12.220 --> 00:47:14.610 align:start position:0%
the real problem is that for the people
or<00:47:12.610><c> for</c><00:47:12.640><c> organization</c><00:47:13.540><c> who</c><00:47:13.750><c> actually</c><00:47:13.930><c> depend</c>

00:47:14.610 --> 00:47:14.620 align:start position:0%
or for organization who actually depend
 

00:47:14.620 --> 00:47:16.710 align:start position:0%
or for organization who actually depend
on<00:47:14.830><c> sending</c><00:47:15.340><c> tons</c><00:47:15.550><c> of</c><00:47:15.760><c> transactions</c><00:47:16.330><c> all</c><00:47:16.540><c> the</c>

00:47:16.710 --> 00:47:16.720 align:start position:0%
on sending tons of transactions all the
 

00:47:16.720 --> 00:47:19.560 align:start position:0%
on sending tons of transactions all the
time<00:47:16.960><c> and</c><00:47:17.260><c> for</c><00:47:17.340><c> those</c><00:47:18.340><c> people</c><00:47:18.760><c> it's</c><00:47:18.910><c> crucial</c>

00:47:19.560 --> 00:47:19.570 align:start position:0%
time and for those people it's crucial
 

00:47:19.570 --> 00:47:22.050 align:start position:0%
time and for those people it's crucial
that<00:47:19.810><c> the</c><00:47:20.560><c> things</c><00:47:20.980><c> work</c><00:47:21.280><c> well</c><00:47:21.550><c> because</c><00:47:21.940><c> they</c>

00:47:22.050 --> 00:47:22.060 align:start position:0%
that the things work well because they
 

00:47:22.060 --> 00:47:23.610 align:start position:0%
that the things work well because they
can't<00:47:22.270><c> just</c><00:47:22.540><c> say</c><00:47:22.660><c> what</c><00:47:23.110><c> we're</c><00:47:23.260><c> gonna</c><00:47:23.350><c> close</c>

00:47:23.610 --> 00:47:23.620 align:start position:0%
can't just say what we're gonna close
 

00:47:23.620 --> 00:47:25.230 align:start position:0%
can't just say what we're gonna close
our<00:47:23.800><c> exchange</c><00:47:24.130><c> for</c><00:47:24.280><c> four</c><00:47:24.460><c> days</c><00:47:24.640><c> until</c><00:47:24.850><c> this</c>

00:47:25.230 --> 00:47:25.240 align:start position:0%
our exchange for four days until this
 

00:47:25.240 --> 00:47:36.630 align:start position:0%
our exchange for four days until this
whole<00:47:25.480><c> things</c><00:47:25.750><c> blow</c><00:47:26.020><c> over</c><00:47:26.200><c> right</c><00:47:26.350><c> or</c><00:47:35.430><c> we</c><00:47:36.430><c> stop</c>

00:47:36.630 --> 00:47:36.640 align:start position:0%
whole things blow over right or we stop
 

00:47:36.640 --> 00:47:39.120 align:start position:0%
whole things blow over right or we stop
sometime<00:47:36.970><c> under</c><00:47:37.540><c> topics</c><00:47:37.720><c> ten</c><00:47:38.710><c> minutes</c><00:47:38.950><c> any</c>

00:47:39.120 --> 00:47:39.130 align:start position:0%
sometime under topics ten minutes any
 

00:47:39.130 --> 00:47:44.610 align:start position:0%
sometime under topics ten minutes any
topics<00:47:39.640><c> yeah</c><00:47:42.210><c> Bri</c><00:47:43.210><c> I</c><00:47:43.360><c> wants</c><00:47:43.690><c> to</c><00:47:43.840><c> bring</c><00:47:44.230><c> up</c><00:47:44.440><c> this</c>

00:47:44.610 --> 00:47:44.620 align:start position:0%
topics yeah Bri I wants to bring up this
 

00:47:44.620 --> 00:47:48.750 align:start position:0%
topics yeah Bri I wants to bring up this
idea<00:47:44.860><c> that</c><00:47:45.610><c> in</c><00:47:45.880><c> order</c><00:47:46.240><c> to</c><00:47:46.620><c> reduce</c><00:47:47.760><c> storage</c>

00:47:48.750 --> 00:47:48.760 align:start position:0%
idea that in order to reduce storage
 

00:47:48.760 --> 00:47:52.670 align:start position:0%
idea that in order to reduce storage
requirements<00:47:49.600><c> on</c><00:47:49.750><c> nodes</c><00:47:50.050><c> we</c><00:47:50.560><c> like</c><00:47:50.800><c> actually</c>

00:47:52.670 --> 00:47:52.680 align:start position:0%
requirements on nodes we like actually
 

00:47:52.680 --> 00:47:55.290 align:start position:0%
requirements on nodes we like actually
make<00:47:53.680><c> more</c><00:47:53.920><c> progress</c><00:47:54.220><c> on</c><00:47:54.610><c> implementing</c><00:47:55.090><c> a</c>

00:47:55.290 --> 00:47:55.300 align:start position:0%
make more progress on implementing a
 

00:47:55.300 --> 00:47:57.420 align:start position:0%
make more progress on implementing a
mechanism<00:47:55.720><c> where</c><00:47:56.020><c> we</c><00:47:56.140><c> only</c><00:47:56.320><c> require</c><00:47:56.740><c> nodes</c><00:47:57.160><c> to</c>

00:47:57.420 --> 00:47:57.430 align:start position:0%
mechanism where we only require nodes to
 

00:47:57.430 --> 00:47:59.250 align:start position:0%
mechanism where we only require nodes to
store<00:47:57.700><c> say</c><00:47:57.940><c> the</c><00:47:58.090><c> last</c><00:47:58.270><c> year</c><00:47:58.570><c> of</c><00:47:58.690><c> history</c><00:47:58.870><c> and</c>

00:47:59.250 --> 00:47:59.260 align:start position:0%
store say the last year of history and
 

00:47:59.260 --> 00:48:00.630 align:start position:0%
store say the last year of history and
for<00:47:59.440><c> anything</c><00:47:59.590><c> older</c><00:47:59.950><c> than</c><00:47:59.980><c> one</c><00:48:00.280><c> year</c><00:48:00.520><c> we</c>

00:48:00.630 --> 00:48:00.640 align:start position:0%
for anything older than one year we
 

00:48:00.640 --> 00:48:02.040 align:start position:0%
for anything older than one year we
figure<00:48:00.910><c> out</c><00:48:01.030><c> some</c><00:48:01.330><c> way</c><00:48:01.480><c> we're</c><00:48:01.690><c> note</c><00:48:01.840><c> where</c>

00:48:02.040 --> 00:48:02.050 align:start position:0%
figure out some way we're note where
 

00:48:02.050 --> 00:48:04.080 align:start position:0%
figure out some way we're note where
each<00:48:02.230><c> individual</c><00:48:02.770><c> node</c><00:48:02.980><c> only</c><00:48:03.520><c> needs</c><00:48:03.760><c> to</c><00:48:03.880><c> store</c>

00:48:04.080 --> 00:48:04.090 align:start position:0%
each individual node only needs to store
 

00:48:04.090 --> 00:48:06.780 align:start position:0%
each individual node only needs to store
part<00:48:04.360><c> of</c><00:48:04.450><c> that</c><00:48:04.600><c> so</c><00:48:05.260><c> that</c><00:48:05.590><c> we</c><00:48:06.250><c> basically</c>

00:48:06.780 --> 00:48:06.790 align:start position:0%
part of that so that we basically
 

00:48:06.790 --> 00:48:09.240 align:start position:0%
part of that so that we basically
instead<00:48:07.480><c> of</c><00:48:07.540><c> node</c><00:48:08.140><c> storage</c><00:48:08.560><c> being</c><00:48:08.770><c> 200</c>

00:48:09.240 --> 00:48:09.250 align:start position:0%
instead of node storage being 200
 

00:48:09.250 --> 00:48:10.740 align:start position:0%
instead of node storage being 200
gigabytes<00:48:09.640><c> that</c><00:48:09.820><c> can</c><00:48:09.940><c> just</c><00:48:10.150><c> be</c><00:48:10.270><c> like</c><00:48:10.300><c> state</c>

00:48:10.740 --> 00:48:10.750 align:start position:0%
gigabytes that can just be like state
 

00:48:10.750 --> 00:48:18.990 align:start position:0%
gigabytes that can just be like state
plus<00:48:11.080><c> 10</c><00:48:11.380><c> attended</c><00:48:12.190><c> 20</c><00:48:17.460><c> when</c><00:48:18.460><c> you</c><00:48:18.550><c> when</c><00:48:18.910><c> you</c>

00:48:18.990 --> 00:48:19.000 align:start position:0%
plus 10 attended 20 when you when you
 

00:48:19.000 --> 00:48:21.210 align:start position:0%
plus 10 attended 20 when you when you
say<00:48:19.090><c> splitting</c><00:48:19.480><c> it</c><00:48:19.570><c> you</c><00:48:19.630><c> don't</c><00:48:19.810><c> mean</c><00:48:19.960><c> like</c><00:48:20.220><c> go</c>

00:48:21.210 --> 00:48:21.220 align:start position:0%
say splitting it you don't mean like go
 

00:48:21.220 --> 00:48:30.980 align:start position:0%
say splitting it you don't mean like go
to<00:48:21.280><c> Peter</c><00:48:24.540><c> sounds</c><00:48:25.540><c> like</c><00:48:25.630><c> sharding</c><00:48:26.140><c> kinda</c>

00:48:30.980 --> 00:48:30.990 align:start position:0%
 
 

00:48:30.990 --> 00:48:33.950 align:start position:0%
 
is<00:48:31.990><c> it</c><00:48:32.140><c> sharding</c><00:48:32.560><c> or</c><00:48:32.680><c> cheney</c>

00:48:33.950 --> 00:48:33.960 align:start position:0%
is it sharding or cheney
 

00:48:33.960 --> 00:48:37.080 align:start position:0%
is it sharding or cheney
yeah<00:48:34.960><c> so</c><00:48:35.200><c> I</c><00:48:35.230><c> guess</c><00:48:35.410><c> this</c><00:48:35.830><c> kind</c><00:48:36.130><c> of</c><00:48:36.280><c> was</c><00:48:36.520><c> one</c><00:48:37.000><c> of</c>

00:48:37.080 --> 00:48:37.090 align:start position:0%
yeah so I guess this kind of was one of
 

00:48:37.090 --> 00:48:39.270 align:start position:0%
yeah so I guess this kind of was one of
my<00:48:37.240><c> proposals</c><00:48:37.450><c> from</c><00:48:38.140><c> way</c><00:48:38.410><c> back</c><00:48:38.620><c> in</c><00:48:38.680><c> I</c><00:48:39.070><c> think</c>

00:48:39.270 --> 00:48:39.280 align:start position:0%
my proposals from way back in I think
 

00:48:39.280 --> 00:48:41.070 align:start position:0%
my proposals from way back in I think
last<00:48:39.550><c> year</c><00:48:39.760><c> or</c><00:48:40.150><c> this</c><00:48:40.300><c> year</c><00:48:40.360><c> journey</c><00:48:40.690><c> or</c><00:48:40.870><c> last</c>

00:48:41.070 --> 00:48:41.080 align:start position:0%
last year or this year journey or last
 

00:48:41.080 --> 00:48:43.460 align:start position:0%
last year or this year journey or last
year<00:48:41.200><c> January</c><00:48:41.620><c> so</c><00:48:42.070><c> the</c><00:48:42.220><c> idea</c><00:48:42.460><c> was</c><00:48:42.700><c> that</c>

00:48:43.460 --> 00:48:43.470 align:start position:0%
year January so the idea was that
 

00:48:43.470 --> 00:48:47.400 align:start position:0%
year January so the idea was that
currently<00:48:44.470><c> a</c><00:48:44.980><c> lot</c><00:48:45.910><c> of</c><00:48:46.060><c> the</c><00:48:46.240><c> ether</c><00:48:46.600><c> ohms</c><00:48:46.750><c> chain</c>

00:48:47.400 --> 00:48:47.410 align:start position:0%
currently a lot of the ether ohms chain
 

00:48:47.410 --> 00:48:49.500 align:start position:0%
currently a lot of the ether ohms chain
data<00:48:47.650><c> about</c><00:48:48.010><c> one</c><00:48:48.220><c> another</c><00:48:48.490><c> 50</c><00:48:48.880><c> gigs</c><00:48:49.090><c> give</c><00:48:49.390><c> or</c>

00:48:49.500 --> 00:48:49.510 align:start position:0%
data about one another 50 gigs give or
 

00:48:49.510 --> 00:48:52.470 align:start position:0%
data about one another 50 gigs give or
take<00:48:49.690><c> is</c><00:48:49.960><c> just</c><00:48:50.440><c> immutable</c><00:48:50.830><c> past</c><00:48:51.370><c> chain</c><00:48:51.940><c> for</c>

00:48:52.470 --> 00:48:52.480 align:start position:0%
take is just immutable past chain for
 

00:48:52.480 --> 00:48:54.300 align:start position:0%
take is just immutable past chain for
example<00:48:52.510><c> past</c><00:48:53.020><c> transactions</c><00:48:53.650><c> past</c><00:48:53.950><c> blocks</c>

00:48:54.300 --> 00:48:54.310 align:start position:0%
example past transactions past blocks
 

00:48:54.310 --> 00:48:57.720 align:start position:0%
example past transactions past blocks
past<00:48:54.640><c> receipts</c><00:48:55.120><c> and</c><00:48:56.010><c> many</c><00:48:57.010><c> people</c><00:48:57.460><c> don't</c>

00:48:57.720 --> 00:48:57.730 align:start position:0%
past receipts and many people don't
 

00:48:57.730 --> 00:49:00.000 align:start position:0%
past receipts and many people don't
really<00:48:58.000><c> need</c><00:48:58.300><c> this</c><00:48:58.510><c> I</c><00:48:58.720><c> mean</c><00:48:58.870><c> yes</c><00:48:59.410><c> it's</c><00:48:59.770><c> nice</c>

00:49:00.000 --> 00:49:00.010 align:start position:0%
really need this I mean yes it's nice
 

00:49:00.010 --> 00:49:01.560 align:start position:0%
really need this I mean yes it's nice
that<00:49:00.070><c> you</c><00:49:00.370><c> can</c><00:49:00.400><c> dig</c><00:49:00.730><c> up</c><00:49:00.850><c> your</c><00:49:00.910><c> transaction</c>

00:49:01.560 --> 00:49:01.570 align:start position:0%
that you can dig up your transaction
 

00:49:01.570 --> 00:49:02.850 align:start position:0%
that you can dig up your transaction
that<00:49:01.690><c> you</c><00:49:01.810><c> did</c><00:49:01.990><c> five</c><00:49:02.260><c> years</c><00:49:02.290><c> ago</c>

00:49:02.850 --> 00:49:02.860 align:start position:0%
that you did five years ago
 

00:49:02.860 --> 00:49:05.370 align:start position:0%
that you did five years ago
but<00:49:03.610><c> do</c><00:49:03.820><c> you</c><00:49:03.940><c> realistically</c><00:49:04.330><c> want</c><00:49:04.930><c> to</c><00:49:05.110><c> do</c><00:49:05.230><c> it</c>

00:49:05.370 --> 00:49:05.380 align:start position:0%
but do you realistically want to do it
 

00:49:05.380 --> 00:49:08.640 align:start position:0%
but do you realistically want to do it
now<00:49:06.280><c> if</c><00:49:06.580><c> you</c><00:49:06.850><c> don't</c><00:49:07.120><c> want</c><00:49:07.390><c> to</c><00:49:07.510><c> do</c><00:49:07.630><c> it</c><00:49:07.750><c> and</c><00:49:07.960><c> okay</c>

00:49:08.640 --> 00:49:08.650 align:start position:0%
now if you don't want to do it and okay
 

00:49:08.650 --> 00:49:09.960 align:start position:0%
now if you don't want to do it and okay
that's<00:49:08.920><c> that</c><00:49:09.280><c> might</c><00:49:09.490><c> be</c><00:49:09.640><c> an</c><00:49:09.730><c> interesting</c>

00:49:09.960 --> 00:49:09.970 align:start position:0%
that's that might be an interesting
 

00:49:09.970 --> 00:49:11.760 align:start position:0%
that's that might be an interesting
thing<00:49:10.210><c> for</c><00:49:10.900><c> you</c><00:49:11.020><c> to</c><00:49:11.200><c> want</c><00:49:11.350><c> to</c><00:49:11.440><c> dig</c><00:49:11.590><c> up</c><00:49:11.740><c> your</c>

00:49:11.760 --> 00:49:11.770 align:start position:0%
thing for you to want to dig up your
 

00:49:11.770 --> 00:49:13.500 align:start position:0%
thing for you to want to dig up your
transaction<00:49:12.430><c> from</c><00:49:12.520><c> five</c><00:49:12.820><c> years</c><00:49:13.030><c> ago</c><00:49:13.330><c> I</c>

00:49:13.500 --> 00:49:13.510 align:start position:0%
transaction from five years ago I
 

00:49:13.510 --> 00:49:15.090 align:start position:0%
transaction from five years ago I
definitely<00:49:14.260><c> don't</c><00:49:14.380><c> want</c><00:49:14.620><c> to</c><00:49:14.680><c> pick</c><00:49:14.860><c> up</c><00:49:14.920><c> your</c>

00:49:15.090 --> 00:49:15.100 align:start position:0%
definitely don't want to pick up your
 

00:49:15.100 --> 00:49:17.370 align:start position:0%
definitely don't want to pick up your
transaction<00:49:15.610><c> for</c><00:49:15.730><c> five</c><00:49:15.970><c> years</c><00:49:16.210><c> ago</c><00:49:16.450><c> so</c>

00:49:17.370 --> 00:49:17.380 align:start position:0%
transaction for five years ago so
 

00:49:17.380 --> 00:49:19.290 align:start position:0%
transaction for five years ago so
essentially<00:49:17.860><c> it's</c><00:49:17.980><c> just</c><00:49:18.040><c> we're</c><00:49:18.760><c> wasting</c><00:49:19.240><c> a</c>

00:49:19.290 --> 00:49:19.300 align:start position:0%
essentially it's just we're wasting a
 

00:49:19.300 --> 00:49:21.510 align:start position:0%
essentially it's just we're wasting a
lot<00:49:19.390><c> of</c><00:49:19.450><c> space</c><00:49:19.810><c> for</c><00:49:19.840><c> a</c><00:49:20.020><c> lot</c><00:49:20.110><c> of</c><00:49:20.200><c> people</c><00:49:20.680><c> that</c>

00:49:21.510 --> 00:49:21.520 align:start position:0%
lot of space for a lot of people that
 

00:49:21.520 --> 00:49:23.840 align:start position:0%
lot of space for a lot of people that
and<00:49:21.940><c> it</c><00:49:22.150><c> doesn't</c><00:49:22.450><c> really</c><00:49:22.540><c> give</c><00:49:22.780><c> a</c><00:49:22.810><c> anything</c>

00:49:23.840 --> 00:49:23.850 align:start position:0%
and it doesn't really give a anything
 

00:49:23.850 --> 00:49:27.120 align:start position:0%
and it doesn't really give a anything
back<00:49:24.850><c> and</c><00:49:25.150><c> then</c><00:49:25.600><c> the</c><00:49:25.780><c> the</c><00:49:26.080><c> idea</c><00:49:26.440><c> was</c><00:49:26.680><c> that</c><00:49:26.710><c> can</c>

00:49:27.120 --> 00:49:27.130 align:start position:0%
back and then the the idea was that can
 

00:49:27.130 --> 00:49:30.090 align:start position:0%
back and then the the idea was that can
we<00:49:27.250><c> somehow</c><00:49:27.660><c> say</c><00:49:28.660><c> that</c><00:49:28.840><c> okay</c><00:49:29.170><c> we're</c><00:49:29.800><c> going</c><00:49:30.010><c> to</c>

00:49:30.090 --> 00:49:30.100 align:start position:0%
we somehow say that okay we're going to
 

00:49:30.100 --> 00:49:33.390 align:start position:0%
we somehow say that okay we're going to
maintain<00:49:30.460><c> the</c><00:49:30.700><c> last</c><00:49:31.140><c> some</c><00:49:32.140><c> time</c><00:49:32.770><c> frame</c><00:49:33.190><c> maybe</c>

00:49:33.390 --> 00:49:33.400 align:start position:0%
maintain the last some time frame maybe
 

00:49:33.400 --> 00:49:35.070 align:start position:0%
maintain the last some time frame maybe
a<00:49:33.550><c> year</c><00:49:33.940><c> and</c><00:49:34.090><c> maintain</c><00:49:34.510><c> everything</c><00:49:34.900><c> on</c><00:49:35.020><c> all</c>

00:49:35.070 --> 00:49:35.080 align:start position:0%
a year and maintain everything on all
 

00:49:35.080 --> 00:49:36.990 align:start position:0%
a year and maintain everything on all
who<00:49:35.350><c> knows</c><00:49:35.560><c> but</c><00:49:36.010><c> everything</c><00:49:36.460><c> that's</c><00:49:36.640><c> older</c>

00:49:36.990 --> 00:49:37.000 align:start position:0%
who knows but everything that's older
 

00:49:37.000 --> 00:49:39.810 align:start position:0%
who knows but everything that's older
than<00:49:37.210><c> one</c><00:49:37.990><c> year</c><00:49:38.260><c> let's</c><00:49:38.470><c> try</c><00:49:38.920><c> to</c><00:49:38.980><c> put</c><00:49:39.400><c> it</c><00:49:39.550><c> stash</c>

00:49:39.810 --> 00:49:39.820 align:start position:0%
than one year let's try to put it stash
 

00:49:39.820 --> 00:49:41.430 align:start position:0%
than one year let's try to put it stash
it<00:49:39.970><c> somewhere</c><00:49:40.300><c> else</c><00:49:40.600><c> and</c><00:49:40.960><c> make</c><00:49:41.200><c> it</c><00:49:41.320><c> available</c>

00:49:41.430 --> 00:49:41.440 align:start position:0%
it somewhere else and make it available
 

00:49:41.440 --> 00:49:44.820 align:start position:0%
it somewhere else and make it available
and<00:49:42.390><c> generally</c><00:49:43.390><c> I</c><00:49:43.420><c> think</c><00:49:43.600><c> most</c><00:49:44.230><c> of</c><00:49:44.440><c> this</c><00:49:44.590><c> is</c>

00:49:44.820 --> 00:49:44.830 align:start position:0%
and generally I think most of this is
 

00:49:44.830 --> 00:49:47.580 align:start position:0%
and generally I think most of this is
doable<00:49:45.190><c> so</c><00:49:45.970><c> it</c><00:49:46.120><c> it</c><00:49:46.570><c> is</c><00:49:46.780><c> not</c><00:49:46.960><c> even</c><00:49:47.260><c> a</c><00:49:47.350><c> hard</c>

00:49:47.580 --> 00:49:47.590 align:start position:0%
doable so it it is not even a hard
 

00:49:47.590 --> 00:49:50.270 align:start position:0%
doable so it it is not even a hard
problem<00:49:47.890><c> to</c><00:49:48.190><c> solve</c><00:49:48.430><c> the</c><00:49:49.150><c> tricky</c><00:49:49.510><c> parts</c><00:49:49.900><c> come</c>

00:49:50.270 --> 00:49:50.280 align:start position:0%
problem to solve the tricky parts come
 

00:49:50.280 --> 00:49:52.530 align:start position:0%
problem to solve the tricky parts come
start<00:49:51.280><c> to</c><00:49:51.370><c> appear</c><00:49:51.610><c> with</c><00:49:51.820><c> for</c><00:49:51.970><c> example</c><00:49:52.060><c> logs</c>

00:49:52.530 --> 00:49:52.540 align:start position:0%
start to appear with for example logs
 

00:49:52.540 --> 00:49:55.980 align:start position:0%
start to appear with for example logs
because<00:49:53.230><c> they</c><00:49:53.530><c> are</c><00:49:53.970><c> so</c><00:49:54.970><c> contracts</c><00:49:55.780><c> for</c>

00:49:55.980 --> 00:49:55.990 align:start position:0%
because they are so contracts for
 

00:49:55.990 --> 00:49:58.260 align:start position:0%
because they are so contracts for
contracts<00:49:56.410><c> use</c><00:49:56.620><c> logs</c><00:49:56.920><c> as</c><00:49:57.310><c> a</c><00:49:57.700><c> cheap</c><00:49:58.000><c> data</c>

00:49:58.260 --> 00:49:58.270 align:start position:0%
contracts use logs as a cheap data
 

00:49:58.270 --> 00:50:00.660 align:start position:0%
contracts use logs as a cheap data
storage<00:49:58.750><c> and</c><00:49:58.960><c> then</c><00:49:59.710><c> they</c><00:49:59.950><c> just</c><00:50:00.310><c> the</c><00:50:00.490><c> Deb</c>

00:50:00.660 --> 00:50:00.670 align:start position:0%
storage and then they just the Deb
 

00:50:00.670 --> 00:50:03.030 align:start position:0%
storage and then they just the Deb
filters<00:50:01.210><c> for</c><00:50:01.420><c> the</c><00:50:01.480><c> logs</c><00:50:01.780><c> and</c><00:50:02.140><c> the</c><00:50:02.590><c> issue</c><00:50:02.740><c> is</c>

00:50:03.030 --> 00:50:03.040 align:start position:0%
filters for the logs and the issue is
 

00:50:03.040 --> 00:50:04.740 align:start position:0%
filters for the logs and the issue is
that<00:50:03.070><c> logs</c><00:50:03.550><c> weren't</c><00:50:04.000><c> really</c><00:50:04.210><c> designed</c><00:50:04.360><c> for</c>

00:50:04.740 --> 00:50:04.750 align:start position:0%
that logs weren't really designed for
 

00:50:04.750 --> 00:50:07.110 align:start position:0%
that logs weren't really designed for
this<00:50:05.110><c> but</c><00:50:05.680><c> it</c><00:50:06.160><c> wasn't</c><00:50:06.490><c> really</c><00:50:06.670><c> explicitly</c>

00:50:07.110 --> 00:50:07.120 align:start position:0%
this but it wasn't really explicitly
 

00:50:07.120 --> 00:50:08.820 align:start position:0%
this but it wasn't really explicitly
said<00:50:07.450><c> nor</c><00:50:07.660><c> limited</c><00:50:08.170><c> that</c><00:50:08.320><c> this</c><00:50:08.560><c> is</c><00:50:08.680><c> not</c>

00:50:08.820 --> 00:50:08.830 align:start position:0%
said nor limited that this is not
 

00:50:08.830 --> 00:50:10.890 align:start position:0%
said nor limited that this is not
intended<00:50:09.190><c> use</c><00:50:09.490><c> case</c><00:50:09.730><c> the</c><00:50:10.240><c> Internet</c><00:50:10.570><c> use</c><00:50:10.690><c> case</c>

00:50:10.890 --> 00:50:10.900 align:start position:0%
intended use case the Internet use case
 

00:50:10.900 --> 00:50:14.670 align:start position:0%
intended use case the Internet use case
of<00:50:11.050><c> logs</c><00:50:11.320><c> was</c><00:50:11.590><c> to</c><00:50:11.970><c> raise</c><00:50:12.970><c> events</c><00:50:13.570><c> so</c><00:50:14.110><c> your</c>

00:50:14.670 --> 00:50:14.680 align:start position:0%
of logs was to raise events so your
 

00:50:14.680 --> 00:50:16.800 align:start position:0%
of logs was to raise events so your
smart<00:50:14.950><c> contract</c><00:50:15.280><c> does</c><00:50:15.430><c> something</c><00:50:15.940><c> it</c><00:50:16.450><c> raises</c>

00:50:16.800 --> 00:50:16.810 align:start position:0%
smart contract does something it raises
 

00:50:16.810 --> 00:50:19.380 align:start position:0%
smart contract does something it raises
a<00:50:16.840><c> few</c><00:50:17.080><c> events</c><00:50:17.500><c> and</c><00:50:17.650><c> then</c><00:50:17.800><c> you</c><00:50:18.430><c> react</c><00:50:18.880><c> to</c><00:50:19.210><c> those</c>

00:50:19.380 --> 00:50:19.390 align:start position:0%
a few events and then you react to those
 

00:50:19.390 --> 00:50:21.150 align:start position:0%
a few events and then you react to those
events<00:50:19.750><c> and</c><00:50:19.930><c> yes</c><00:50:20.230><c> it's</c><00:50:20.440><c> nice</c><00:50:20.590><c> that</c><00:50:20.650><c> you</c><00:50:20.980><c> don't</c>

00:50:21.150 --> 00:50:21.160 align:start position:0%
events and yes it's nice that you don't
 

00:50:21.160 --> 00:50:23.340 align:start position:0%
events and yes it's nice that you don't
have<00:50:21.280><c> to</c><00:50:21.400><c> react</c><00:50:21.700><c> immediately</c><00:50:21.970><c> you</c><00:50:22.780><c> can</c><00:50:23.020><c> react</c>

00:50:23.340 --> 00:50:23.350 align:start position:0%
have to react immediately you can react
 

00:50:23.350 --> 00:50:25.680 align:start position:0%
have to react immediately you can react
a<00:50:23.710><c> day</c><00:50:24.010><c> later</c><00:50:24.250><c> a</c><00:50:24.430><c> week</c><00:50:24.760><c> later</c><00:50:24.970><c> a</c><00:50:25.120><c> month</c><00:50:25.420><c> later</c>

00:50:25.680 --> 00:50:25.690 align:start position:0%
a day later a week later a month later
 

00:50:25.690 --> 00:50:28.050 align:start position:0%
a day later a week later a month later
and<00:50:26.050><c> that's</c><00:50:26.230><c> perfectly</c><00:50:26.620><c> fine</c><00:50:26.860><c> the</c><00:50:27.520><c> problem</c><00:50:27.670><c> is</c>

00:50:28.050 --> 00:50:28.060 align:start position:0%
and that's perfectly fine the problem is
 

00:50:28.060 --> 00:50:29.820 align:start position:0%
and that's perfectly fine the problem is
that<00:50:28.300><c> for</c><00:50:28.420><c> example</c><00:50:28.480><c> there</c><00:50:28.900><c> are</c><00:50:28.930><c> Deb's</c><00:50:29.380><c> kind</c><00:50:29.770><c> of</c>

00:50:29.820 --> 00:50:29.830 align:start position:0%
that for example there are Deb's kind of
 

00:50:29.830 --> 00:50:31.890 align:start position:0%
that for example there are Deb's kind of
like<00:50:30.010><c> the</c><00:50:30.130><c> Akasha</c><00:50:30.430><c> social</c><00:50:30.910><c> network</c><00:50:31.270><c> which</c>

00:50:31.890 --> 00:50:31.900 align:start position:0%
like the Akasha social network which
 

00:50:31.900 --> 00:50:34.410 align:start position:0%
like the Akasha social network which
uses<00:50:32.470><c> logs</c><00:50:32.800><c> to</c><00:50:33.070><c> store</c><00:50:33.340><c> the</c><00:50:33.490><c> post</c><00:50:33.730><c> themselves</c>

00:50:34.410 --> 00:50:34.420 align:start position:0%
uses logs to store the post themselves
 

00:50:34.420 --> 00:50:36.600 align:start position:0%
uses logs to store the post themselves
which<00:50:34.780><c> means</c><00:50:35.050><c> that</c><00:50:35.260><c> when</c><00:50:35.440><c> you</c><00:50:35.560><c> want</c><00:50:35.800><c> to</c><00:50:36.280><c> list</c>

00:50:36.600 --> 00:50:36.610 align:start position:0%
which means that when you want to list
 

00:50:36.610 --> 00:50:38.250 align:start position:0%
which means that when you want to list
the<00:50:36.880><c> post</c><00:50:37.120><c> that</c><00:50:37.420><c> you've</c><00:50:37.600><c> written</c><00:50:37.780><c> or</c><00:50:38.110><c> your</c>

00:50:38.250 --> 00:50:38.260 align:start position:0%
the post that you've written or your
 

00:50:38.260 --> 00:50:40.520 align:start position:0%
the post that you've written or your
feed<00:50:38.560><c> they</c><00:50:39.070><c> will</c><00:50:39.280><c> actually</c><00:50:39.430><c> scan</c><00:50:40.180><c> the</c><00:50:40.330><c> in</c>

00:50:40.520 --> 00:50:40.530 align:start position:0%
feed they will actually scan the in
 

00:50:40.530 --> 00:50:43.640 align:start position:0%
feed they will actually scan the in
a<00:50:40.560><c> blockchain</c><00:50:41.010><c> for</c><00:50:41.700><c> data</c><00:50:42.150><c> and</c><00:50:42.720><c> these</c><00:50:43.320><c> are</c><00:50:43.530><c> the</c>

00:50:43.640 --> 00:50:43.650 align:start position:0%
a blockchain for data and these are the
 

00:50:43.650 --> 00:50:46.100 align:start position:0%
a blockchain for data and these are the
use<00:50:43.800><c> cases</c><00:50:43.920><c> that</c><00:50:44.480><c> that</c><00:50:45.480><c> gets</c><00:50:45.720><c> really</c><00:50:45.900><c> really</c>

00:50:46.100 --> 00:50:46.110 align:start position:0%
use cases that that gets really really
 

00:50:46.110 --> 00:50:47.840 align:start position:0%
use cases that that gets really really
broken<00:50:46.500><c> because</c><00:50:46.950><c> all</c><00:50:47.070><c> of</c><00:50:47.100><c> a</c><00:50:47.280><c> sudden</c><00:50:47.580><c> you</c><00:50:47.670><c> have</c>

00:50:47.840 --> 00:50:47.850 align:start position:0%
broken because all of a sudden you have
 

00:50:47.850 --> 00:50:50.870 align:start position:0%
broken because all of a sudden you have
a<00:50:47.880><c> node</c><00:50:48.180><c> that</c><00:50:48.530><c> wants</c><00:50:49.530><c> to</c><00:50:49.560><c> access</c><00:50:49.860><c> all</c><00:50:50.370><c> the</c><00:50:50.640><c> time</c>

00:50:50.870 --> 00:50:50.880 align:start position:0%
a node that wants to access all the time
 

00:50:50.880 --> 00:50:52.940 align:start position:0%
a node that wants to access all the time
the<00:50:51.300><c> history</c><00:50:51.720><c> going</c><00:50:51.900><c> back</c><00:50:52.050><c> to</c><00:50:52.380><c> the</c><00:50:52.470><c> past</c><00:50:52.680><c> five</c>

00:50:52.940 --> 00:50:52.950 align:start position:0%
the history going back to the past five
 

00:50:52.950 --> 00:50:55.010 align:start position:0%
the history going back to the past five
years<00:50:52.980><c> and</c><00:50:53.400><c> this</c><00:50:54.090><c> is</c><00:50:54.240><c> their</c><00:50:54.570><c> really</c><00:50:54.810><c> the</c>

00:50:55.010 --> 00:50:55.020 align:start position:0%
years and this is their really the
 

00:50:55.020 --> 00:50:57.920 align:start position:0%
years and this is their really the
challenge<00:50:55.410><c> that</c><00:50:55.500><c> that</c><00:50:56.180><c> needs</c><00:50:57.180><c> to</c><00:50:57.300><c> be</c><00:50:57.420><c> solved</c>

00:50:57.920 --> 00:50:57.930 align:start position:0%
challenge that that needs to be solved
 

00:50:57.930 --> 00:51:01.160 align:start position:0%
challenge that that needs to be solved
on<00:50:57.990><c> the</c><00:50:58.680><c> upside</c><00:50:58.830><c> however</c><00:50:59.720><c> the</c><00:51:00.720><c> nice</c><00:51:00.960><c> thing</c>

00:51:01.160 --> 00:51:01.170 align:start position:0%
on the upside however the nice thing
 

00:51:01.170 --> 00:51:03.800 align:start position:0%
on the upside however the nice thing
about<00:51:01.260><c> this</c><00:51:01.590><c> chain</c><00:51:02.190><c> Pass</c><00:51:02.760><c> chain</c><00:51:03.150><c> data</c><00:51:03.330><c> is</c><00:51:03.630><c> that</c>

00:51:03.800 --> 00:51:03.810 align:start position:0%
about this chain Pass chain data is that
 

00:51:03.810 --> 00:51:06.830 align:start position:0%
about this chain Pass chain data is that
it's<00:51:04.050><c> immutable</c><00:51:04.640><c> which</c><00:51:05.640><c> does</c><00:51:05.910><c> mean</c><00:51:06.210><c> that</c><00:51:06.270><c> I</c>

00:51:06.830 --> 00:51:06.840 align:start position:0%
it's immutable which does mean that I
 

00:51:06.840 --> 00:51:08.300 align:start position:0%
it's immutable which does mean that I
mean<00:51:07.140><c> immutable</c><00:51:07.650><c> in</c><00:51:07.770><c> theory</c><00:51:08.100><c> is</c><00:51:08.190><c> not</c>

00:51:08.300 --> 00:51:08.310 align:start position:0%
mean immutable in theory is not
 

00:51:08.310 --> 00:51:10.220 align:start position:0%
mean immutable in theory is not
immutable<00:51:08.910><c> but</c><00:51:09.060><c> in</c><00:51:09.240><c> practice</c><00:51:09.690><c> do</c><00:51:09.840><c> the</c><00:51:10.020><c> proof</c>

00:51:10.220 --> 00:51:10.230 align:start position:0%
immutable but in practice do the proof
 

00:51:10.230 --> 00:51:12.590 align:start position:0%
immutable but in practice do the proof
of<00:51:10.350><c> work</c><00:51:10.590><c> you</c><00:51:11.040><c> won't</c><00:51:11.280><c> have</c><00:51:11.460><c> a</c><00:51:11.520><c> real</c><00:51:11.790><c> that's</c><00:51:12.150><c> a</c>

00:51:12.590 --> 00:51:12.600 align:start position:0%
of work you won't have a real that's a
 

00:51:12.600 --> 00:51:15.110 align:start position:0%
of work you won't have a real that's a
million<00:51:12.930><c> block</c><00:51:13.140><c> deep</c><00:51:13.380><c> and</c><00:51:13.760><c> this</c><00:51:14.760><c> kind</c><00:51:15.060><c> of</c>

00:51:15.110 --> 00:51:15.120 align:start position:0%
million block deep and this kind of
 

00:51:15.120 --> 00:51:17.750 align:start position:0%
million block deep and this kind of
means<00:51:15.360><c> that</c><00:51:15.540><c> you</c><00:51:16.260><c> can</c><00:51:16.530><c> move</c><00:51:16.770><c> this</c><00:51:17.070><c> data</c><00:51:17.310><c> on</c><00:51:17.580><c> to</c>

00:51:17.750 --> 00:51:17.760 align:start position:0%
means that you can move this data on to
 

00:51:17.760 --> 00:51:20.900 align:start position:0%
means that you can move this data on to
an<00:51:17.850><c> HDD</c><00:51:18.210><c> so</c><00:51:19.050><c> you</c><00:51:19.110><c> can</c><00:51:19.440><c> actually</c><00:51:19.740><c> make</c><00:51:20.220><c> store</c><00:51:20.760><c> it</c>

00:51:20.900 --> 00:51:20.910 align:start position:0%
an HDD so you can actually make store it
 

00:51:20.910 --> 00:51:24.020 align:start position:0%
an HDD so you can actually make store it
relatively<00:51:21.630><c> cheaply</c><00:51:22.160><c> however</c><00:51:23.160><c> I</c><00:51:23.250><c> do</c><00:51:23.430><c> I</c><00:51:23.730><c> still</c>

00:51:24.020 --> 00:51:24.030 align:start position:0%
relatively cheaply however I do I still
 

00:51:24.030 --> 00:51:26.740 align:start position:0%
relatively cheaply however I do I still
say<00:51:24.210><c> that</c><00:51:24.240><c> if</c><00:51:24.720><c> we</c><00:51:25.050><c> want</c><00:51:25.230><c> to</c><00:51:25.320><c> enter</c><00:51:25.500><c> these</c>

00:51:26.740 --> 00:51:26.750 align:start position:0%
say that if we want to enter these
 

00:51:26.750 --> 00:51:31.190 align:start position:0%
say that if we want to enter these
stateless<00:51:27.750><c> clients</c><00:51:28.260><c> territory</c><00:51:28.830><c> then</c><00:51:30.080><c> well</c><00:51:31.080><c> if</c>

00:51:31.190 --> 00:51:31.200 align:start position:0%
stateless clients territory then well if
 

00:51:31.200 --> 00:51:32.720 align:start position:0%
stateless clients territory then well if
the<00:51:31.350><c> blocks</c><00:51:31.560><c> all</c><00:51:31.740><c> of</c><00:51:31.860><c> a</c><00:51:31.920><c> sudden</c><00:51:32.190><c> becomes</c><00:51:32.520><c> a</c>

00:51:32.720 --> 00:51:32.730 align:start position:0%
the blocks all of a sudden becomes a
 

00:51:32.730 --> 00:51:35.060 align:start position:0%
the blocks all of a sudden becomes a
hundred<00:51:33.030><c> times</c><00:51:33.180><c> larger</c><00:51:33.540><c> than</c><00:51:34.020><c> we</c><00:51:34.890><c> need</c><00:51:35.040><c> to</c>

00:51:35.060 --> 00:51:35.070 align:start position:0%
hundred times larger than we need to
 

00:51:35.070 --> 00:51:37.040 align:start position:0%
hundred times larger than we need to
solve<00:51:35.370><c> this</c><00:51:35.550><c> because</c><00:51:35.730><c> even</c><00:51:36.150><c> on</c><00:51:36.420><c> an</c><00:51:36.540><c> HDD</c><00:51:36.840><c> you</c>

00:51:37.040 --> 00:51:37.050 align:start position:0%
solve this because even on an HDD you
 

00:51:37.050 --> 00:51:39.860 align:start position:0%
solve this because even on an HDD you
don't<00:51:37.260><c> want</c><00:51:37.470><c> to</c><00:51:37.590><c> put</c><00:51:37.770><c> 100</c><00:51:38.220><c> times</c><00:51:38.430><c> more</c><00:51:38.550><c> data</c><00:51:38.910><c> so</c>

00:51:39.860 --> 00:51:39.870 align:start position:0%
don't want to put 100 times more data so
 

00:51:39.870 --> 00:51:42.760 align:start position:0%
don't want to put 100 times more data so
it's<00:51:39.990><c> an</c><00:51:40.080><c> interesting</c><00:51:40.320><c> problem</c><00:51:41.040><c> definitely</c>

00:51:42.760 --> 00:51:42.770 align:start position:0%
it's an interesting problem definitely
 

00:51:42.770 --> 00:51:45.740 align:start position:0%
it's an interesting problem definitely
so<00:51:43.820><c> something</c><00:51:44.820><c> interacting</c><00:51:45.270><c> with</c><00:51:45.390><c> the</c><00:51:45.510><c> next</c>

00:51:45.740 --> 00:51:45.750 align:start position:0%
so something interacting with the next
 

00:51:45.750 --> 00:51:48.410 align:start position:0%
so something interacting with the next
section<00:51:46.080><c> of</c><00:51:46.260><c> topics</c><00:51:46.710><c> how</c><00:51:47.490><c> does</c><00:51:47.700><c> the</c><00:51:47.850><c> finality</c>

00:51:48.410 --> 00:51:48.420 align:start position:0%
section of topics how does the finality
 

00:51:48.420 --> 00:51:50.450 align:start position:0%
section of topics how does the finality
gadget<00:51:48.810><c> figure</c><00:51:49.020><c> in</c><00:51:49.140><c> with</c><00:51:49.290><c> a</c><00:51:49.350><c> chain</c><00:51:49.530><c> data</c><00:51:49.740><c> do</c><00:51:50.400><c> we</c>

00:51:50.450 --> 00:51:50.460 align:start position:0%
gadget figure in with a chain data do we
 

00:51:50.460 --> 00:51:52.340 align:start position:0%
gadget figure in with a chain data do we
need<00:51:50.700><c> to</c><00:51:50.790><c> keep</c><00:51:51.000><c> historical</c><00:51:51.600><c> data</c><00:51:51.780><c> being</c><00:51:52.170><c> on</c>

00:51:52.340 --> 00:51:52.350 align:start position:0%
need to keep historical data being on
 

00:51:52.350 --> 00:51:54.920 align:start position:0%
need to keep historical data being on
the<00:51:52.470><c> horizon</c><00:51:52.890><c> of</c><00:51:53.040><c> the</c><00:51:53.250><c> agreed-upon</c><00:51:54.060><c> finality</c>

00:51:54.920 --> 00:51:54.930 align:start position:0%
the horizon of the agreed-upon finality
 

00:51:54.930 --> 00:51:57.140 align:start position:0%
the horizon of the agreed-upon finality
and<00:51:55.140><c> how</c><00:51:55.530><c> far</c><00:51:55.860><c> you</c><00:51:56.400><c> know</c><00:51:56.490><c> how</c><00:51:56.700><c> important</c><00:51:57.060><c> is</c>

00:51:57.140 --> 00:51:57.150 align:start position:0%
and how far you know how important is
 

00:51:57.150 --> 00:52:00.350 align:start position:0%
and how far you know how important is
that<00:51:58.340><c> finality</c><00:51:59.340><c> gadget</c><00:51:59.820><c> you</c><00:51:59.910><c> mean</c><00:52:00.030><c> like</c><00:52:00.210><c> that</c>

00:52:00.350 --> 00:52:00.360 align:start position:0%
that finality gadget you mean like that
 

00:52:00.360 --> 00:52:03.110 align:start position:0%
that finality gadget you mean like that
used<00:52:00.510><c> to</c><00:52:00.630><c> finality</c><00:52:00.930><c> I</c><00:52:01.050><c> should</c><00:52:01.290><c> get</c><00:52:01.530><c> one</c><00:52:02.120><c> and</c>

00:52:03.110 --> 00:52:03.120 align:start position:0%
used to finality I should get one and
 

00:52:03.120 --> 00:52:05.570 align:start position:0%
used to finality I should get one and
for<00:52:03.630><c> consensus</c><00:52:04.320><c> purposes</c><00:52:04.860><c> you</c><00:52:05.040><c> definitely</c>

00:52:05.570 --> 00:52:05.580 align:start position:0%
for consensus purposes you definitely
 

00:52:05.580 --> 00:52:07.700 align:start position:0%
for consensus purposes you definitely
don't<00:52:05.940><c> need</c><00:52:06.180><c> to</c><00:52:06.480><c> keep</c><00:52:06.690><c> any</c><00:52:06.870><c> history</c><00:52:07.290><c> older</c>

00:52:07.700 --> 00:52:07.710 align:start position:0%
don't need to keep any history older
 

00:52:07.710 --> 00:52:11.990 align:start position:0%
don't need to keep any history older
than<00:52:07.920><c> about</c><00:52:08.160><c> eight</c><00:52:08.370><c> months</c><00:52:09.530><c> but</c><00:52:10.530><c> and</c><00:52:11.070><c> like</c><00:52:11.760><c> one</c>

00:52:11.990 --> 00:52:12.000 align:start position:0%
than about eight months but and like one
 

00:52:12.000 --> 00:52:13.760 align:start position:0%
than about eight months but and like one
year<00:52:12.270><c> was</c><00:52:12.450><c> the</c><00:52:12.570><c> period</c><00:52:12.930><c> that</c><00:52:13.020><c> I</c><00:52:13.080><c> had</c><00:52:13.230><c> suggested</c>

00:52:13.760 --> 00:52:13.770 align:start position:0%
year was the period that I had suggested
 

00:52:13.770 --> 00:52:15.950 align:start position:0%
year was the period that I had suggested
we<00:52:13.890><c> make</c><00:52:14.010><c> kind</c><00:52:14.280><c> of</c><00:52:14.370><c> mandatory</c><00:52:14.640><c> doubled</c><00:52:15.270><c> so</c>

00:52:15.950 --> 00:52:15.960 align:start position:0%
we make kind of mandatory doubled so
 

00:52:15.960 --> 00:52:19.490 align:start position:0%
we make kind of mandatory doubled so
sorry<00:52:16.830><c> so</c><00:52:17.070><c> so</c><00:52:17.640><c> the</c><00:52:17.760><c> one</c><00:52:17.910><c> proposal</c><00:52:18.480><c> and</c><00:52:19.140><c> that</c><00:52:19.170><c> ia</c>

00:52:19.490 --> 00:52:19.500 align:start position:0%
sorry so so the one proposal and that ia
 

00:52:19.500 --> 00:52:22.130 align:start position:0%
sorry so so the one proposal and that ia
that<00:52:20.310><c> I</c><00:52:20.370><c> have</c><00:52:20.700><c> for</c><00:52:21.000><c> solving</c><00:52:21.450><c> this</c><00:52:21.660><c> receipt</c>

00:52:22.130 --> 00:52:22.140 align:start position:0%
that I have for solving this receipt
 

00:52:22.140 --> 00:52:25.040 align:start position:0%
that I have for solving this receipt
issue<00:52:22.350><c> is</c><00:52:22.860><c> that</c><00:52:23.120><c> it's</c><00:52:24.120><c> actually</c><00:52:24.300><c> a</c><00:52:24.570><c> very</c><00:52:24.780><c> nice</c>

00:52:25.040 --> 00:52:25.050 align:start position:0%
issue is that it's actually a very nice
 

00:52:25.050 --> 00:52:26.600 align:start position:0%
issue is that it's actually a very nice
problem<00:52:25.560><c> to</c><00:52:25.710><c> just</c><00:52:25.740><c> solve</c><00:52:26.100><c> with</c><00:52:26.250><c> a</c><00:52:26.280><c> group</c><00:52:26.490><c> to</c>

00:52:26.600 --> 00:52:26.610 align:start position:0%
problem to just solve with a group to
 

00:52:26.610 --> 00:52:28.790 align:start position:0%
problem to just solve with a group to
economic<00:52:27.060><c> light</c><00:52:27.210><c> quite</c><00:52:27.450><c> market</c><00:52:27.930><c> right</c><00:52:28.290><c> like</c><00:52:28.560><c> I</c>

00:52:28.790 --> 00:52:28.800 align:start position:0%
economic light quite market right like I
 

00:52:28.800 --> 00:52:31.220 align:start position:0%
economic light quite market right like I
want<00:52:29.490><c> to</c><00:52:29.640><c> keep</c><00:52:29.790><c> a</c><00:52:29.970><c> list</c><00:52:30.180><c> of</c><00:52:30.360><c> all</c><00:52:30.510><c> risks</c><00:52:30.750><c> of</c><00:52:30.930><c> all</c>

00:52:31.220 --> 00:52:31.230 align:start position:0%
want to keep a list of all risks of all
 

00:52:31.230 --> 00:52:33.920 align:start position:0%
want to keep a list of all risks of all
the<00:52:31.410><c> transactions</c><00:52:32.100><c> that</c><00:52:33.090><c> satisfy</c><00:52:33.630><c> some</c>

00:52:33.920 --> 00:52:33.930 align:start position:0%
the transactions that satisfy some
 

00:52:33.930 --> 00:52:36.620 align:start position:0%
the transactions that satisfy some
particular<00:52:34.170><c> bloom</c><00:52:34.650><c> filter</c><00:52:35.010><c> I</c><00:52:35.280><c> asked</c><00:52:35.760><c> you</c><00:52:36.090><c> you</c>

00:52:36.620 --> 00:52:36.630 align:start position:0%
particular bloom filter I asked you you
 

00:52:36.630 --> 00:52:38.360 align:start position:0%
particular bloom filter I asked you you
give<00:52:36.870><c> me</c><00:52:37.050><c> a</c><00:52:37.080><c> complete</c><00:52:37.500><c> list</c><00:52:37.740><c> and</c><00:52:38.010><c> you</c><00:52:38.100><c> sign</c>

00:52:38.360 --> 00:52:38.370 align:start position:0%
give me a complete list and you sign
 

00:52:38.370 --> 00:52:42.080 align:start position:0%
give me a complete list and you sign
that<00:52:38.610><c> list</c><00:52:38.880><c> and</c><00:52:39.270><c> if</c><00:52:40.230><c> it's</c><00:52:41.190><c> or</c><00:52:41.370><c> if</c><00:52:41.580><c> someone</c><00:52:41.970><c> else</c>

00:52:42.080 --> 00:52:42.090 align:start position:0%
that list and if it's or if someone else
 

00:52:42.090 --> 00:52:43.790 align:start position:0%
that list and if it's or if someone else
disagrees<00:52:42.660><c> they</c><00:52:42.900><c> can</c><00:52:43.050><c> make</c><00:52:43.200><c> a</c><00:52:43.230><c> miracle</c><00:52:43.470><c> proof</c>

00:52:43.790 --> 00:52:43.800 align:start position:0%
disagrees they can make a miracle proof
 

00:52:43.800 --> 00:52:45.410 align:start position:0%
disagrees they can make a miracle proof
and<00:52:44.010><c> they</c><00:52:44.100><c> can</c><00:52:44.280><c> like</c><00:52:44.490><c> so</c><00:52:44.640><c> and</c><00:52:44.940><c> they</c><00:52:45.030><c> can</c><00:52:45.180><c> slash</c>

00:52:45.410 --> 00:52:45.420 align:start position:0%
and they can like so and they can slash
 

00:52:45.420 --> 00:52:50.300 align:start position:0%
and they can like so and they can slash
your<00:52:45.570><c> deposit</c><00:52:46.080><c> so</c><00:52:47.180><c> like</c><00:52:48.180><c> basic</c><00:52:48.750><c> turning</c><00:52:49.310><c> like</c>

00:52:50.300 --> 00:52:50.310 align:start position:0%
your deposit so like basic turning like
 

00:52:50.310 --> 00:52:52.530 align:start position:0%
your deposit so like basic turning like
making<00:52:50.760><c> something</c><00:52:51.120><c> like</c><00:52:51.450><c> that</c>

00:52:52.530 --> 00:52:52.540 align:start position:0%
making something like that
 

00:52:52.540 --> 00:52:54.120 align:start position:0%
making something like that
the<00:52:52.660><c> other</c><00:52:52.990><c> benefit</c><00:52:53.380><c> of</c><00:52:53.470><c> that</c><00:52:53.500><c> approach</c><00:52:53.920><c> is</c>

00:52:54.120 --> 00:52:54.130 align:start position:0%
the other benefit of that approach is
 

00:52:54.130 --> 00:52:55.680 align:start position:0%
the other benefit of that approach is
that<00:52:54.160><c> instead</c><00:52:54.550><c> of</c><00:52:54.670><c> requiring</c><00:52:54.970><c> like</c><00:52:55.390><c> you</c><00:52:55.570><c> to</c>

00:52:55.680 --> 00:52:55.690 align:start position:0%
that instead of requiring like you to
 

00:52:55.690 --> 00:52:57.240 align:start position:0%
that instead of requiring like you to
scan<00:52:55.930><c> a</c><00:52:55.960><c> bunch</c><00:52:56.230><c> of</c><00:52:56.320><c> headers</c><00:52:56.560><c> walk</c><00:52:56.830><c> away</c><00:52:57.100><c> it's</c>

00:52:57.240 --> 00:52:57.250 align:start position:0%
scan a bunch of headers walk away it's
 

00:52:57.250 --> 00:52:59.370 align:start position:0%
scan a bunch of headers walk away it's
basically<00:52:57.700><c> a</c><00:52:58.120><c> few</c><00:52:58.630><c> rounds</c><00:52:58.990><c> of</c><00:52:59.050><c> network</c>

00:52:59.370 --> 00:52:59.380 align:start position:0%
basically a few rounds of network
 

00:52:59.380 --> 00:53:02.010 align:start position:0%
basically a few rounds of network
messaging<00:52:59.950><c> so</c><00:53:00.490><c> could</c><00:53:01.030><c> be</c><00:53:01.150><c> also</c><00:53:01.330><c> interesting</c>

00:53:02.010 --> 00:53:02.020 align:start position:0%
messaging so could be also interesting
 

00:53:02.020 --> 00:53:03.540 align:start position:0%
messaging so could be also interesting
to<00:53:02.050><c> look</c><00:53:02.290><c> into</c><00:53:02.500><c> prototyping</c><00:53:03.040><c> in</c><00:53:03.190><c> the</c><00:53:03.280><c> medium</c>

00:53:03.540 --> 00:53:03.550 align:start position:0%
to look into prototyping in the medium
 

00:53:03.550 --> 00:53:07.140 align:start position:0%
to look into prototyping in the medium
term<00:53:04.440><c> so</c><00:53:05.440><c> maybe</c><00:53:05.740><c> one</c><00:53:06.370><c> thing</c><00:53:06.640><c> we</c><00:53:06.820><c> could</c><00:53:07.000><c> do</c>

00:53:07.140 --> 00:53:07.150 align:start position:0%
term so maybe one thing we could do
 

00:53:07.150 --> 00:53:08.580 align:start position:0%
term so maybe one thing we could do
because<00:53:07.360><c> there's</c><00:53:07.750><c> so</c><00:53:07.900><c> many</c><00:53:08.020><c> people</c><00:53:08.440><c> in</c><00:53:08.500><c> the</c>

00:53:08.580 --> 00:53:08.590 align:start position:0%
because there's so many people in the
 

00:53:08.590 --> 00:53:11.280 align:start position:0%
because there's so many people in the
room<00:53:08.770><c> we're</c><00:53:09.400><c> just</c><00:53:09.670><c> like</c><00:53:09.850><c> us</c><00:53:10.060><c> like</c><00:53:10.420><c> a</c><00:53:10.780><c> lot</c><00:53:11.170><c> of</c>

00:53:11.280 --> 00:53:11.290 align:start position:0%
room we're just like us like a lot of
 

00:53:11.290 --> 00:53:12.960 align:start position:0%
room we're just like us like a lot of
you<00:53:11.380><c> guys</c><00:53:11.500><c> are</c><00:53:11.560><c> deaf</c><00:53:11.890><c> developers</c><00:53:12.400><c> like</c><00:53:12.610><c> who</c>

00:53:12.960 --> 00:53:12.970 align:start position:0%
you guys are deaf developers like who
 

00:53:12.970 --> 00:53:18.990 align:start position:0%
you guys are deaf developers like who
here<00:53:13.510><c> needs</c><00:53:13.930><c> access</c><00:53:14.770><c> to</c><00:53:16.200><c> logs</c><00:53:17.200><c> from</c><00:53:18.000><c> beyond</c>

00:53:18.990 --> 00:53:19.000 align:start position:0%
here needs access to logs from beyond
 

00:53:19.000 --> 00:53:21.840 align:start position:0%
here needs access to logs from beyond
like<00:53:19.410><c> you</c><00:53:20.410><c> know</c><00:53:20.560><c> last</c><00:53:20.950><c> three</c><00:53:21.220><c> months</c><00:53:21.550><c> or</c>

00:53:21.840 --> 00:53:21.850 align:start position:0%
like you know last three months or
 

00:53:21.850 --> 00:53:23.940 align:start position:0%
like you know last three months or
something<00:53:21.970><c> like</c><00:53:22.330><c> who's</c><00:53:22.960><c> Depp's</c><00:53:23.320><c> actually</c><00:53:23.770><c> use</c>

00:53:23.940 --> 00:53:23.950 align:start position:0%
something like who's Depp's actually use
 

00:53:23.950 --> 00:53:26.820 align:start position:0%
something like who's Depp's actually use
this<00:53:24.160><c> stuff</c><00:53:24.780><c> you</c><00:53:25.780><c> can</c><00:53:25.960><c> just</c><00:53:26.140><c> maybe</c><00:53:26.380><c> raise</c><00:53:26.650><c> your</c>

00:53:26.820 --> 00:53:26.830 align:start position:0%
this stuff you can just maybe raise your
 

00:53:26.830 --> 00:53:28.770 align:start position:0%
this stuff you can just maybe raise your
hand<00:53:27.040><c> if</c><00:53:27.280><c> you</c><00:53:27.430><c> need</c><00:53:27.640><c> access</c><00:53:27.970><c> to</c><00:53:28.300><c> all</c><00:53:28.660><c> the</c>

00:53:28.770 --> 00:53:28.780 align:start position:0%
hand if you need access to all the
 

00:53:28.780 --> 00:53:31.290 align:start position:0%
hand if you need access to all the
historical<00:53:29.260><c> stuff</c><00:53:29.470><c> I</c><00:53:29.710><c> see</c><00:53:30.220><c> about</c><00:53:30.400><c> 15</c><00:53:31.000><c> hands</c>

00:53:31.290 --> 00:53:31.300 align:start position:0%
historical stuff I see about 15 hands
 

00:53:31.300 --> 00:53:33.900 align:start position:0%
historical stuff I see about 15 hands
yeah<00:53:31.690><c> so</c><00:53:32.530><c> what</c><00:53:32.680><c> about</c><00:53:32.770><c> transactions</c><00:53:33.550><c> who</c>

00:53:33.900 --> 00:53:33.910 align:start position:0%
yeah so what about transactions who
 

00:53:33.910 --> 00:53:36.270 align:start position:0%
yeah so what about transactions who
snaps<00:53:34.330><c> use</c><00:53:34.750><c> transactions</c><00:53:35.470><c> could</c><00:53:35.770><c> we</c><00:53:35.890><c> also</c><00:53:36.010><c> get</c>

00:53:36.270 --> 00:53:36.280 align:start position:0%
snaps use transactions could we also get
 

00:53:36.280 --> 00:53:37.980 align:start position:0%
snaps use transactions could we also get
some<00:53:36.430><c> information</c><00:53:36.970><c> on</c><00:53:37.030><c> why</c><00:53:37.270><c> those</c><00:53:37.570><c> locks</c><00:53:37.810><c> I</c>

00:53:37.980 --> 00:53:37.990 align:start position:0%
some information on why those locks I
 

00:53:37.990 --> 00:53:40.560 align:start position:0%
some information on why those locks I
don't<00:53:38.170><c> know</c><00:53:38.260><c> maybe</c><00:53:38.590><c> because</c><00:53:39.030><c> it's</c><00:53:40.030><c> cheaper</c>

00:53:40.560 --> 00:53:40.570 align:start position:0%
don't know maybe because it's cheaper
 

00:53:40.570 --> 00:53:43.290 align:start position:0%
don't know maybe because it's cheaper
yeah<00:53:41.380><c> but</c><00:53:42.250><c> that</c><00:53:42.610><c> would</c><00:53:42.730><c> actually</c><00:53:43.030><c> be</c><00:53:43.120><c> a</c><00:53:43.150><c> really</c>

00:53:43.290 --> 00:53:43.300 align:start position:0%
yeah but that would actually be a really
 

00:53:43.300 --> 00:53:44.760 align:start position:0%
yeah but that would actually be a really
interesting<00:53:43.600><c> question</c><00:53:43.900><c> like</c><00:53:44.260><c> to</c><00:53:44.410><c> a</c><00:53:44.440><c> lot</c><00:53:44.620><c> of</c>

00:53:44.760 --> 00:53:44.770 align:start position:0%
interesting question like to a lot of
 

00:53:44.770 --> 00:53:46.500 align:start position:0%
interesting question like to a lot of
client<00:53:45.010><c> developers</c><00:53:45.430><c> like</c><00:53:45.640><c> which</c><00:53:45.850><c> taps</c><00:53:46.180><c> are</c>

00:53:46.500 --> 00:53:46.510 align:start position:0%
client developers like which taps are
 

00:53:46.510 --> 00:53:48.390 align:start position:0%
client developers like which taps are
like<00:53:46.690><c> heavy</c><00:53:47.050><c> on</c><00:53:47.200><c> like</c><00:53:47.410><c> actually</c><00:53:47.830><c> accessing</c>

00:53:48.390 --> 00:53:48.400 align:start position:0%
like heavy on like actually accessing
 

00:53:48.400 --> 00:53:51.500 align:start position:0%
like heavy on like actually accessing
transactions<00:53:49.270><c> like</c><00:53:49.780><c> transaction</c><00:53:50.590><c> by</c><00:53:50.890><c> hashed</c>

00:53:51.500 --> 00:53:51.510 align:start position:0%
transactions like transaction by hashed
 

00:53:51.510 --> 00:53:54.180 align:start position:0%
transactions like transaction by hashed
transaction<00:53:52.510><c> by</c><00:53:52.690><c> book</c><00:53:52.930><c> and</c><00:53:53.110><c> index</c><00:53:53.470><c> who</c><00:53:53.770><c> uses</c>

00:53:54.180 --> 00:53:54.190 align:start position:0%
transaction by book and index who uses
 

00:53:54.190 --> 00:53:57.690 align:start position:0%
transaction by book and index who uses
those<00:53:55.080><c> that's</c><00:53:56.080><c> really</c><00:53:56.440><c> dumb</c><00:53:56.860><c> developer</c><00:53:57.520><c> is</c>

00:53:57.690 --> 00:53:57.700 align:start position:0%
those that's really dumb developer is
 

00:53:57.700 --> 00:54:00.360 align:start position:0%
those that's really dumb developer is
there<00:53:58.000><c> and</c><00:53:58.180><c> wants</c><00:53:58.480><c> to</c><00:53:58.510><c> talk</c><00:53:58.840><c> about</c><00:53:58.870><c> it</c><00:53:59.370><c> please</c>

00:54:00.360 --> 00:54:00.370 align:start position:0%
there and wants to talk about it please
 

00:54:00.370 --> 00:54:01.110 align:start position:0%
there and wants to talk about it please
come<00:54:00.700><c> over</c>

00:54:01.110 --> 00:54:01.120 align:start position:0%
come over
 

00:54:01.120 --> 00:54:04.260 align:start position:0%
come over
instead<00:54:01.690><c> this</c><00:54:02.320><c> circle</c><00:54:02.860><c> because</c><00:54:03.190><c> this</c><00:54:03.520><c> those</c>

00:54:04.260 --> 00:54:04.270 align:start position:0%
instead this circle because this those
 

00:54:04.270 --> 00:54:06.930 align:start position:0%
instead this circle because this those
mics<00:54:04.570><c> has</c><00:54:04.870><c> a</c><00:54:04.900><c> cable</c><00:54:05.440><c> so</c><00:54:05.860><c> we</c><00:54:06.130><c> just</c><00:54:06.340><c> come</c><00:54:06.610><c> free</c><00:54:06.790><c> so</c>

00:54:06.930 --> 00:54:06.940 align:start position:0%
mics has a cable so we just come free so
 

00:54:06.940 --> 00:54:08.670 align:start position:0%
mics has a cable so we just come free so
just<00:54:07.120><c> for</c><00:54:07.240><c> the</c><00:54:07.360><c> record</c><00:54:07.450><c> I</c><00:54:07.720><c> saw</c><00:54:07.930><c> two</c><00:54:08.140><c> hands</c><00:54:08.560><c> for</c>

00:54:08.670 --> 00:54:08.680 align:start position:0%
just for the record I saw two hands for
 

00:54:08.680 --> 00:54:14.120 align:start position:0%
just for the record I saw two hands for
the<00:54:08.800><c> transactions</c><00:54:10.110><c> three</c><00:54:11.110><c> okay</c><00:54:12.480><c> well</c><00:54:13.480><c> cool</c>

00:54:14.120 --> 00:54:14.130 align:start position:0%
the transactions three okay well cool
 

00:54:14.130 --> 00:54:16.860 align:start position:0%
the transactions three okay well cool
okay<00:54:15.130><c> so</c><00:54:15.370><c> not</c><00:54:15.820><c> a</c><00:54:15.850><c> lot</c><00:54:16.090><c> of</c><00:54:16.210><c> people</c><00:54:16.510><c> you</c><00:54:16.660><c> actually</c>

00:54:16.860 --> 00:54:16.870 align:start position:0%
okay so not a lot of people you actually
 

00:54:16.870 --> 00:54:19.170 align:start position:0%
okay so not a lot of people you actually
use<00:54:17.590><c> a</c><00:54:17.620><c> facility</c><00:54:18.280><c> that</c><00:54:18.310><c> like</c><00:54:18.550><c> access</c><00:54:18.940><c> past</c>

00:54:19.170 --> 00:54:19.180 align:start position:0%
use a facility that like access past
 

00:54:19.180 --> 00:54:21.630 align:start position:0%
use a facility that like access past
transactions<00:54:19.780><c> is</c><00:54:19.960><c> what</c><00:54:20.110><c> I</c><00:54:20.140><c> mean</c><00:54:20.320><c> getting</c><00:54:20.640><c> so</c>

00:54:21.630 --> 00:54:21.640 align:start position:0%
transactions is what I mean getting so
 

00:54:21.640 --> 00:54:23.880 align:start position:0%
transactions is what I mean getting so
from<00:54:21.850><c> this</c><00:54:22.000><c> room</c><00:54:22.240><c> from</c><00:54:22.690><c> this</c><00:54:22.870><c> room</c><00:54:23.080><c> it</c><00:54:23.350><c> is</c><00:54:23.500><c> not</c>

00:54:23.880 --> 00:54:23.890 align:start position:0%
from this room from this room it is not
 

00:54:23.890 --> 00:54:26.190 align:start position:0%
from this room from this room it is not
me<00:54:24.820><c> like</c><00:54:24.940><c> not</c><00:54:25.030><c> representative</c><00:54:25.660><c> just</c><00:54:26.110><c> to</c>

00:54:26.190 --> 00:54:26.200 align:start position:0%
me like not representative just to
 

00:54:26.200 --> 00:54:27.960 align:start position:0%
me like not representative just to
expand<00:54:26.560><c> the</c><00:54:26.770><c> reason</c><00:54:27.100><c> why</c><00:54:27.220><c> Felix</c><00:54:27.640><c> was</c><00:54:27.790><c> asked</c>

00:54:27.960 --> 00:54:27.970 align:start position:0%
expand the reason why Felix was asked
 

00:54:27.970 --> 00:54:30.210 align:start position:0%
expand the reason why Felix was asked
actually<00:54:28.300><c> asking</c><00:54:28.840><c> this</c><00:54:28.930><c> question</c><00:54:29.380><c> so</c><00:54:29.650><c> we've</c>

00:54:30.210 --> 00:54:30.220 align:start position:0%
actually asking this question so we've
 

00:54:30.220 --> 00:54:31.740 align:start position:0%
actually asking this question so we've
been<00:54:30.400><c> sitting</c><00:54:30.700><c> on</c><00:54:30.790><c> a</c><00:54:30.850><c> new</c><00:54:31.150><c> feature</c><00:54:31.480><c> for</c>

00:54:31.740 --> 00:54:31.750 align:start position:0%
been sitting on a new feature for
 

00:54:31.750 --> 00:54:35.760 align:start position:0%
been sitting on a new feature for
example<00:54:32.170><c> in</c><00:54:32.260><c> gas</c><00:54:32.500><c> that</c><00:54:34.020><c> so</c><00:54:35.020><c> currently</c><00:54:35.350><c> all</c>

00:54:35.760 --> 00:54:35.770 align:start position:0%
example in gas that so currently all
 

00:54:35.770 --> 00:54:37.200 align:start position:0%
example in gas that so currently all
fool<00:54:36.220><c> knows</c><00:54:36.400><c> all</c><00:54:36.580><c> the</c><00:54:36.640><c> theorem</c><00:54:36.910><c> who</c><00:54:37.030><c> knows</c>

00:54:37.200 --> 00:54:37.210 align:start position:0%
fool knows all the theorem who knows
 

00:54:37.210 --> 00:54:39.270 align:start position:0%
fool knows all the theorem who knows
maintain<00:54:37.690><c> an</c><00:54:37.870><c> index</c><00:54:38.260><c> the</c><00:54:38.470><c> transaction</c><00:54:38.980><c> index</c>

00:54:39.270 --> 00:54:39.280 align:start position:0%
maintain an index the transaction index
 

00:54:39.280 --> 00:54:41.010 align:start position:0%
maintain an index the transaction index
that's<00:54:39.460><c> simply</c><00:54:39.850><c> saying</c><00:54:40.060><c> that</c><00:54:40.330><c> this</c>

00:54:41.010 --> 00:54:41.020 align:start position:0%
that's simply saying that this
 

00:54:41.020 --> 00:54:43.530 align:start position:0%
that's simply saying that this
transaction<00:54:41.440><c> hash</c><00:54:41.860><c> is</c><00:54:42.220><c> located</c><00:54:43.210><c> in</c><00:54:43.330><c> that</c>

00:54:43.530 --> 00:54:43.540 align:start position:0%
transaction hash is located in that
 

00:54:43.540 --> 00:54:45.450 align:start position:0%
transaction hash is located in that
block<00:54:43.900><c> so</c><00:54:44.140><c> essentially</c><00:54:44.680><c> just</c><00:54:44.710><c> the</c><00:54:45.040><c> hash</c><00:54:45.220><c> to</c>

00:54:45.450 --> 00:54:45.460 align:start position:0%
block so essentially just the hash to
 

00:54:45.460 --> 00:54:48.750 align:start position:0%
block so essentially just the hash to
block<00:54:45.700><c> number</c><00:54:46.030><c> mapping</c><00:54:46.420><c> and</c><00:54:46.630><c> it</c><00:54:47.530><c> seems</c><00:54:47.830><c> like</c><00:54:48.730><c> a</c>

00:54:48.750 --> 00:54:48.760 align:start position:0%
block number mapping and it seems like a
 

00:54:48.760 --> 00:54:51.930 align:start position:0%
block number mapping and it seems like a
stupid<00:54:49.180><c> cheap</c><00:54:49.870><c> thing</c><00:54:50.370><c> except</c><00:54:51.370><c> when</c><00:54:51.580><c> we</c><00:54:51.700><c> count</c>

00:54:51.930 --> 00:54:51.940 align:start position:0%
stupid cheap thing except when we count
 

00:54:51.940 --> 00:54:53.130 align:start position:0%
stupid cheap thing except when we count
that<00:54:52.060><c> they</c><00:54:52.180><c> are</c><00:54:52.300><c> five</c><00:54:52.630><c> hundred</c><00:54:52.960><c> million</c>

00:54:53.130 --> 00:54:53.140 align:start position:0%
that they are five hundred million
 

00:54:53.140 --> 00:54:54.780 align:start position:0%
that they are five hundred million
transactions<00:54:53.830><c> it</c><00:54:53.950><c> turns</c><00:54:54.160><c> out</c><00:54:54.370><c> that</c><00:54:54.550><c> that's</c>

00:54:54.780 --> 00:54:54.790 align:start position:0%
transactions it turns out that that's
 

00:54:54.790 --> 00:54:57.030 align:start position:0%
transactions it turns out that that's
200<00:54:55.180><c> gigabytes</c><00:54:55.600><c> of</c><00:54:55.720><c> the</c><00:54:55.870><c> sorry</c><00:54:56.170><c> 20</c><00:54:56.680><c> gigabytes</c>

00:54:57.030 --> 00:54:57.040 align:start position:0%
200 gigabytes of the sorry 20 gigabytes
 

00:54:57.040 --> 00:54:59.850 align:start position:0%
200 gigabytes of the sorry 20 gigabytes
of<00:54:57.190><c> data</c><00:54:57.360><c> so</c><00:54:58.360><c> essentially</c><00:54:58.840><c> every</c><00:54:59.140><c> fu--</c><00:54:59.650><c> know</c>

00:54:59.850 --> 00:54:59.860 align:start position:0%
of data so essentially every fu-- know
 

00:54:59.860 --> 00:55:02.070 align:start position:0%
of data so essentially every fu-- know
this<00:55:00.010><c> is</c><00:55:00.160><c> storing</c><00:55:00.970><c> 20</c><00:55:01.300><c> gigabytes</c><00:55:01.630><c> of</c><00:55:01.870><c> data</c>

00:55:02.070 --> 00:55:02.080 align:start position:0%
this is storing 20 gigabytes of data
 

00:55:02.080 --> 00:55:05.180 align:start position:0%
this is storing 20 gigabytes of data
just<00:55:02.650><c> to</c><00:55:02.770><c> be</c><00:55:03.010><c> able</c><00:55:03.310><c> to</c><00:55:03.490><c> say</c><00:55:03.940><c> in</c><00:55:04.360><c> which</c><00:55:04.570><c> blocks</c>

00:55:05.180 --> 00:55:05.190 align:start position:0%
just to be able to say in which blocks
 

00:55:05.190 --> 00:55:07.880 align:start position:0%
just to be able to say in which blocks
and<00:55:05.369><c> transaction</c><00:55:05.880><c> is</c><00:55:06.030><c> and</c><00:55:06.720><c> if</c><00:55:07.050><c> full</c><00:55:07.440><c> of</c><00:55:07.470><c> don't</c>

00:55:07.880 --> 00:55:07.890 align:start position:0%
and transaction is and if full of don't
 

00:55:07.890 --> 00:55:09.710 align:start position:0%
and transaction is and if full of don't
need<00:55:08.069><c> it</c><00:55:08.220><c> then</c><00:55:08.400><c> we</c><00:55:08.550><c> can</c><00:55:08.760><c> immediately</c><00:55:08.880><c> wipe</c><00:55:09.480><c> out</c>

00:55:09.710 --> 00:55:09.720 align:start position:0%
need it then we can immediately wipe out
 

00:55:09.720 --> 00:55:12.050 align:start position:0%
need it then we can immediately wipe out
20<00:55:10.230><c> gigs</c><00:55:10.470><c> of</c><00:55:10.680><c> data</c><00:55:10.859><c> that</c><00:55:11.310><c> can</c><00:55:12.030><c> be</c>

00:55:12.050 --> 00:55:12.060 align:start position:0%
20 gigs of data that can be
 

00:55:12.060 --> 00:55:14.089 align:start position:0%
20 gigs of data that can be
reconstructed<00:55:12.540><c> at</c><00:55:13.020><c> any</c><00:55:13.170><c> point</c><00:55:13.440><c> in</c><00:55:13.619><c> time</c><00:55:13.650><c> and</c>

00:55:14.089 --> 00:55:14.099 align:start position:0%
reconstructed at any point in time and
 

00:55:14.099 --> 00:55:17.359 align:start position:0%
reconstructed at any point in time and
that's<00:55:14.730><c> the</c><00:55:15.270><c> reason</c><00:55:16.230><c> Felix's</c><00:55:16.980><c> question</c><00:55:17.280><c> was</c>

00:55:17.359 --> 00:55:17.369 align:start position:0%
that's the reason Felix's question was
 

00:55:17.369 --> 00:55:18.800 align:start position:0%
that's the reason Felix's question was
really<00:55:17.579><c> really</c><00:55:17.849><c> good</c><00:55:18.000><c> because</c><00:55:18.150><c> we</c><00:55:18.480><c> always</c>

00:55:18.800 --> 00:55:18.810 align:start position:0%
really really good because we always
 

00:55:18.810 --> 00:55:20.990 align:start position:0%
really really good because we always
wondered<00:55:19.260><c> is</c><00:55:19.500><c> anyone</c><00:55:19.920><c> actually</c><00:55:20.099><c> using</c><00:55:20.670><c> it</c><00:55:20.819><c> or</c>

00:55:20.990 --> 00:55:21.000 align:start position:0%
wondered is anyone actually using it or
 

00:55:21.000 --> 00:55:22.760 align:start position:0%
wondered is anyone actually using it or
can<00:55:21.180><c> we</c><00:55:21.359><c> wipe</c><00:55:21.540><c> it</c><00:55:21.750><c> should</c><00:55:21.990><c> it</c><00:55:22.109><c> be</c><00:55:22.200><c> the</c><00:55:22.349><c> default</c>

00:55:22.760 --> 00:55:22.770 align:start position:0%
can we wipe it should it be the default
 

00:55:22.770 --> 00:55:24.950 align:start position:0%
can we wipe it should it be the default
or<00:55:22.950><c> should</c><00:55:23.099><c> it</c><00:55:23.190><c> not</c><00:55:23.310><c> be</c><00:55:23.369><c> default</c><00:55:24.030><c> so</c><00:55:24.810><c> it's</c>

00:55:24.950 --> 00:55:24.960 align:start position:0%
or should it not be default so it's
 

00:55:24.960 --> 00:55:26.599 align:start position:0%
or should it not be default so it's
actually<00:55:25.319><c> really</c><00:55:25.500><c> reassuring</c><00:55:26.160><c> to</c><00:55:26.339><c> see</c><00:55:26.369><c> that</c>

00:55:26.599 --> 00:55:26.609 align:start position:0%
actually really reassuring to see that
 

00:55:26.609 --> 00:55:31.280 align:start position:0%
actually really reassuring to see that
people<00:55:26.760><c> don't</c><00:55:27.089><c> need</c><00:55:27.420><c> it</c><00:55:29.900><c> yeah</c><00:55:30.900><c> come</c><00:55:31.079><c> to</c><00:55:31.200><c> the</c>

00:55:31.280 --> 00:55:31.290 align:start position:0%
people don't need it yeah come to the
 

00:55:31.290 --> 00:55:36.829 align:start position:0%
people don't need it yeah come to the
mic<00:55:31.410><c> right</c><00:55:31.440><c> there</c><00:55:34.910><c> yeah</c><00:55:35.910><c> so</c><00:55:36.089><c> I</c><00:55:36.119><c> work</c><00:55:36.690><c> at</c>

00:55:36.829 --> 00:55:36.839 align:start position:0%
mic right there yeah so I work at
 

00:55:36.839 --> 00:55:38.930 align:start position:0%
mic right there yeah so I work at
synthetics<00:55:37.560><c> and</c><00:55:37.829><c> so</c><00:55:38.010><c> we</c><00:55:38.160><c> obviously</c><00:55:38.369><c> have</c>

00:55:38.930 --> 00:55:38.940 align:start position:0%
synthetics and so we obviously have
 

00:55:38.940 --> 00:55:40.760 align:start position:0%
synthetics and so we obviously have
what's<00:55:39.510><c> like</c><00:55:39.720><c> a</c><00:55:39.750><c> Dex</c><00:55:40.079><c> a</c><00:55:40.290><c> bit</c><00:55:40.410><c> like</c><00:55:40.530><c> your</c><00:55:40.680><c> new</c>

00:55:40.760 --> 00:55:40.770 align:start position:0%
what's like a Dex a bit like your new
 

00:55:40.770 --> 00:55:43.309 align:start position:0%
what's like a Dex a bit like your new
Swami<00:55:41.250><c> introduce</c><00:55:41.849><c> yourself</c><00:55:42.390><c> oh</c><00:55:42.450><c> hello</c><00:55:42.839><c> my</c>

00:55:43.309 --> 00:55:43.319 align:start position:0%
Swami introduce yourself oh hello my
 

00:55:43.319 --> 00:55:46.819 align:start position:0%
Swami introduce yourself oh hello my
name<00:55:43.470><c> is</c><00:55:43.500><c> Justin</c><00:55:43.859><c> Moses</c><00:55:44.790><c> and</c><00:55:45.000><c> I'm</c><00:55:45.960><c> the</c><00:55:46.170><c> CTO</c><00:55:46.440><c> at</c>

00:55:46.819 --> 00:55:46.829 align:start position:0%
name is Justin Moses and I'm the CTO at
 

00:55:46.829 --> 00:55:49.700 align:start position:0%
name is Justin Moses and I'm the CTO at
synthetics<00:55:47.460><c> for</c><00:55:47.730><c> a</c><00:55:47.760><c> defy</c><00:55:48.270><c> app</c><00:55:48.480><c> and</c><00:55:49.470><c> we</c><00:55:49.560><c> do</c>

00:55:49.700 --> 00:55:49.710 align:start position:0%
synthetics for a defy app and we do
 

00:55:49.710 --> 00:55:51.559 align:start position:0%
synthetics for a defy app and we do
indeed<00:55:50.010><c> need</c><00:55:50.040><c> to</c><00:55:50.339><c> know</c><00:55:50.460><c> the</c><00:55:50.790><c> transactions</c><00:55:51.420><c> our</c>

00:55:51.559 --> 00:55:51.569 align:start position:0%
indeed need to know the transactions our
 

00:55:51.569 --> 00:55:53.870 align:start position:0%
indeed need to know the transactions our
users<00:55:51.810><c> of</c><00:55:51.930><c> ahead</c><00:55:52.920><c> of</c><00:55:53.069><c> time</c><00:55:53.400><c> and</c><00:55:53.609><c> adapts</c>

00:55:53.870 --> 00:55:53.880 align:start position:0%
users of ahead of time and adapts
 

00:55:53.880 --> 00:55:55.010 align:start position:0%
users of ahead of time and adapts
however<00:55:54.240><c> we</c><00:55:54.390><c> have</c><00:55:54.510><c> been</c><00:55:54.540><c> using</c><00:55:54.750><c> something</c>

00:55:55.010 --> 00:55:55.020 align:start position:0%
however we have been using something
 

00:55:55.020 --> 00:55:56.599 align:start position:0%
however we have been using something
like<00:55:55.319><c> the</c><00:55:55.470><c> graph</c><00:55:55.650><c> and</c><00:55:55.950><c> that's</c><00:55:56.130><c> actually</c><00:55:56.310><c> being</c>

00:55:56.599 --> 00:55:56.609 align:start position:0%
like the graph and that's actually being
 

00:55:56.609 --> 00:55:59.030 align:start position:0%
like the graph and that's actually being
successful<00:55:57.510><c> so</c><00:55:57.540><c> we're</c><00:55:58.500><c> happy</c><00:55:58.619><c> to</c><00:55:58.859><c> use</c>

00:55:59.030 --> 00:55:59.040 align:start position:0%
successful so we're happy to use
 

00:55:59.040 --> 00:56:00.530 align:start position:0%
successful so we're happy to use
decentralized<00:55:59.670><c> services</c><00:56:00.030><c> like</c><00:56:00.180><c> that</c><00:56:00.210><c> that</c>

00:56:00.530 --> 00:56:00.540 align:start position:0%
decentralized services like that that
 

00:56:00.540 --> 00:56:02.960 align:start position:0%
decentralized services like that that
can<00:56:00.630><c> track</c><00:56:00.869><c> all</c><00:56:00.900><c> our</c><00:56:01.140><c> transactions</c><00:56:01.970><c> instead</c>

00:56:02.960 --> 00:56:02.970 align:start position:0%
can track all our transactions instead
 

00:56:02.970 --> 00:56:05.630 align:start position:0%
can track all our transactions instead
of<00:56:03.060><c> having</c><00:56:03.210><c> to</c><00:56:03.390><c> do</c><00:56:03.510><c> like</c><00:56:03.900><c> yeah</c><00:56:04.349><c> point</c><00:56:05.280><c> go</c><00:56:05.460><c> back</c>

00:56:05.630 --> 00:56:05.640 align:start position:0%
of having to do like yeah point go back
 

00:56:05.640 --> 00:56:08.089 align:start position:0%
of having to do like yeah point go back
and<00:56:05.849><c> look</c><00:56:05.970><c> at</c><00:56:06.089><c> individual</c><00:56:06.900><c> one</c><00:56:07.020><c> so</c><00:56:07.800><c> I</c><00:56:07.859><c> guess</c>

00:56:08.089 --> 00:56:08.099 align:start position:0%
and look at individual one so I guess
 

00:56:08.099 --> 00:56:09.770 align:start position:0%
and look at individual one so I guess
what<00:56:08.250><c> I'm</c><00:56:08.369><c> hearing</c><00:56:08.700><c> is</c><00:56:08.819><c> that</c><00:56:09.000><c> actually</c><00:56:09.510><c> all</c>

00:56:09.770 --> 00:56:09.780 align:start position:0%
what I'm hearing is that actually all
 

00:56:09.780 --> 00:56:11.329 align:start position:0%
what I'm hearing is that actually all
the<00:56:09.900><c> people</c><00:56:10.170><c> who</c><00:56:10.319><c> might</c><00:56:10.560><c> actually</c><00:56:10.890><c> want</c>

00:56:11.329 --> 00:56:11.339 align:start position:0%
the people who might actually want
 

00:56:11.339 --> 00:56:13.160 align:start position:0%
the people who might actually want
access<00:56:11.670><c> to</c><00:56:11.849><c> transactions</c><00:56:12.510><c> will</c><00:56:12.630><c> totally</c><00:56:13.050><c> be</c>

00:56:13.160 --> 00:56:13.170 align:start position:0%
access to transactions will totally be
 

00:56:13.170 --> 00:56:15.230 align:start position:0%
access to transactions will totally be
fine<00:56:13.440><c> -</c><00:56:13.619><c> like</c><00:56:13.800><c> externalizing</c><00:56:14.700><c> that</c><00:56:14.849><c> to</c><00:56:15.030><c> some</c>

00:56:15.230 --> 00:56:15.240 align:start position:0%
fine - like externalizing that to some
 

00:56:15.240 --> 00:56:17.930 align:start position:0%
fine - like externalizing that to some
service<00:56:15.480><c> provider</c><00:56:15.930><c> because</c><00:56:16.500><c> it</c><00:56:16.800><c> is</c><00:56:17.010><c> it's</c><00:56:17.819><c> not</c>

00:56:17.930 --> 00:56:17.940 align:start position:0%
service provider because it is it's not
 

00:56:17.940 --> 00:56:20.450 align:start position:0%
service provider because it is it's not
really<00:56:18.119><c> something</c><00:56:18.560><c> anyone</c><00:56:19.560><c> like</c><00:56:19.950><c> a</c><00:56:20.190><c> lot</c><00:56:20.430><c> of</c>

00:56:20.450 --> 00:56:20.460 align:start position:0%
really something anyone like a lot of
 

00:56:20.460 --> 00:56:22.069 align:start position:0%
really something anyone like a lot of
people<00:56:20.670><c> expect</c><00:56:21.150><c> from</c><00:56:21.210><c> the</c><00:56:21.420><c> node</c><00:56:21.569><c> to</c><00:56:21.780><c> like</c><00:56:21.930><c> do</c>

00:56:22.069 --> 00:56:22.079 align:start position:0%
people expect from the node to like do
 

00:56:22.079 --> 00:56:23.990 align:start position:0%
people expect from the node to like do
for<00:56:22.319><c> them</c><00:56:22.440><c> to</c><00:56:22.740><c> like</c><00:56:22.890><c> get</c><00:56:23.130><c> the</c><00:56:23.280><c> transaction</c><00:56:23.609><c> I</c>

00:56:23.990 --> 00:56:24.000 align:start position:0%
for them to like get the transaction I
 

00:56:24.000 --> 00:56:25.520 align:start position:0%
for them to like get the transaction I
think<00:56:24.240><c> a</c><00:56:24.270><c> cost</c><00:56:24.540><c> you</c><00:56:24.690><c> would</c><00:56:24.780><c> have</c><00:56:24.930><c> like</c><00:56:25.109><c> rewrite</c>

00:56:25.520 --> 00:56:25.530 align:start position:0%
think a cost you would have like rewrite
 

00:56:25.530 --> 00:56:28.640 align:start position:0%
think a cost you would have like rewrite
their<00:56:25.740><c> stuff</c><00:56:26.069><c> but</c><00:56:26.430><c> I</c><00:56:26.640><c> mean</c><00:56:27.109><c> know</c><00:56:28.109><c> that's</c><00:56:28.380><c> what</c>

00:56:28.640 --> 00:56:28.650 align:start position:0%
their stuff but I mean know that's what
 

00:56:28.650 --> 00:56:33.770 align:start position:0%
their stuff but I mean know that's what
I<00:56:28.800><c> thought</c><00:56:28.920><c> they</c><00:56:29.010><c> were</c><00:56:29.130><c> log</c><00:56:29.339><c> heavy</c><00:56:32.780><c> crypto</c>

00:56:33.770 --> 00:56:33.780 align:start position:0%
I thought they were log heavy crypto
 

00:56:33.780 --> 00:56:36.140 align:start position:0%
I thought they were log heavy crypto
economic<00:56:34.290><c> light</c><00:56:34.530><c> client</c><00:56:35.010><c> implemented</c><00:56:35.819><c> then</c>

00:56:36.140 --> 00:56:36.150 align:start position:0%
economic light client implemented then
 

00:56:36.150 --> 00:56:38.780 align:start position:0%
economic light client implemented then
they<00:56:36.300><c> could</c><00:56:36.569><c> just</c><00:56:36.900><c> like</c><00:56:37.170><c> replace</c><00:56:38.160><c> one</c><00:56:38.490><c> two</c><00:56:38.640><c> to</c>

00:56:38.780 --> 00:56:38.790 align:start position:0%
they could just like replace one two to
 

00:56:38.790 --> 00:56:40.700 align:start position:0%
they could just like replace one two to
one<00:56:39.089><c> the</c><00:56:39.119><c> two</c><00:56:39.420><c> lines</c><00:56:39.660><c> of</c><00:56:39.869><c> code</c><00:56:40.109><c> and</c><00:56:40.470><c> it</c><00:56:40.589><c> would</c>

00:56:40.700 --> 00:56:40.710 align:start position:0%
one the two lines of code and it would
 

00:56:40.710 --> 00:56:42.200 align:start position:0%
one the two lines of code and it would
just<00:56:40.859><c> work</c><00:56:40.950><c> as</c><00:56:41.220><c> is</c><00:56:41.430><c> and</c><00:56:41.730><c> it</c><00:56:41.940><c> would</c><00:56:42.030><c> probably</c>

00:56:42.200 --> 00:56:42.210 align:start position:0%
just work as is and it would probably
 

00:56:42.210 --> 00:56:43.930 align:start position:0%
just work as is and it would probably
work<00:56:42.450><c> even</c><00:56:42.750><c> faster</c><00:56:42.930><c> than</c><00:56:43.290><c> today</c>

00:56:43.930 --> 00:56:43.940 align:start position:0%
work even faster than today
 

00:56:43.940 --> 00:56:47.270 align:start position:0%
work even faster than today
but<00:56:44.940><c> I</c><00:56:45.060><c> was</c><00:56:45.450><c> just</c><00:56:45.630><c> Paulo</c><00:56:45.990><c> question</c><00:56:46.440><c> for</c><00:56:46.560><c> you</c><00:56:46.650><c> on</c>

00:56:47.270 --> 00:56:47.280 align:start position:0%
but I was just Paulo question for you on
 

00:56:47.280 --> 00:56:49.490 align:start position:0%
but I was just Paulo question for you on
the<00:56:47.369><c> deef</c><00:56:47.550><c> i</c><00:56:47.730><c> thing</c><00:56:48.000><c> we</c><00:56:48.569><c> look</c><00:56:48.780><c> up</c><00:56:48.869><c> transactions</c>

00:56:49.490 --> 00:56:49.500 align:start position:0%
the deef i thing we look up transactions
 

00:56:49.500 --> 00:56:53.120 align:start position:0%
the deef i thing we look up transactions
don't<00:56:50.400><c> is</c><00:56:51.390><c> that</c><00:56:51.690><c> ancient</c><00:56:52.020><c> transactions</c><00:56:52.859><c> or</c><00:56:53.040><c> is</c>

00:56:53.120 --> 00:56:53.130 align:start position:0%
don't is that ancient transactions or is
 

00:56:53.130 --> 00:56:55.069 align:start position:0%
don't is that ancient transactions or is
the<00:56:53.220><c> transactions</c><00:56:53.790><c> for</c><00:56:53.970><c> the</c><00:56:54.030><c> last</c><00:56:54.180><c> week</c><00:56:54.450><c> month</c>

00:56:55.069 --> 00:56:55.079 align:start position:0%
the transactions for the last week month
 

00:56:55.079 --> 00:56:56.930 align:start position:0%
the transactions for the last week month
will<00:56:55.650><c> have</c><00:56:55.770><c> all</c><00:56:56.040><c> of</c><00:56:56.190><c> them</c><00:56:56.310><c> so</c><00:56:56.490><c> over</c><00:56:56.670><c> time</c><00:56:56.790><c> so</c>

00:56:56.930 --> 00:56:56.940 align:start position:0%
will have all of them so over time so
 

00:56:56.940 --> 00:56:58.579 align:start position:0%
will have all of them so over time so
we're<00:56:57.060><c> gonna</c><00:56:57.180><c> go</c><00:56:57.300><c> back</c><00:56:57.450><c> to</c><00:56:57.630><c> look</c><00:56:57.839><c> at</c><00:56:57.960><c> even</c><00:56:58.319><c> you</c>

00:56:58.579 --> 00:56:58.589 align:start position:0%
we're gonna go back to look at even you
 

00:56:58.589 --> 00:57:04.069 align:start position:0%
we're gonna go back to look at even you
know<00:56:58.680><c> years</c><00:56:59.010><c> worth</c><00:57:01.010><c> interesting</c><00:57:02.540><c> I</c><00:57:03.540><c> want</c><00:57:03.930><c> to</c>

00:57:04.069 --> 00:57:04.079 align:start position:0%
know years worth interesting I want to
 

00:57:04.079 --> 00:57:05.180 align:start position:0%
know years worth interesting I want to
throw<00:57:04.200><c> this</c><00:57:04.319><c> out</c><00:57:04.440><c> there</c><00:57:04.650><c> real</c><00:57:04.800><c> quick</c><00:57:04.980><c> we're</c>

00:57:05.180 --> 00:57:05.190 align:start position:0%
throw this out there real quick we're
 

00:57:05.190 --> 00:57:07.370 align:start position:0%
throw this out there real quick we're
about<00:57:05.579><c> out</c><00:57:05.640><c> of</c><00:57:05.849><c> time</c><00:57:06.000><c> right</c><00:57:06.690><c> what's</c><00:57:07.079><c> it</c><00:57:07.230><c> worth</c>

00:57:07.370 --> 00:57:07.380 align:start position:0%
about out of time right what's it worth
 

00:57:07.380 --> 00:57:10.910 align:start position:0%
about out of time right what's it worth
three<00:57:07.740><c> minutes</c><00:57:08.040><c> yes</c><00:57:08.280><c> yeah</c><00:57:08.819><c> so</c><00:57:09.109><c> I</c><00:57:10.109><c> personally</c>

00:57:10.910 --> 00:57:10.920 align:start position:0%
three minutes yes yeah so I personally
 

00:57:10.920 --> 00:57:13.370 align:start position:0%
three minutes yes yeah so I personally
think<00:57:11.160><c> eath</c><00:57:11.640><c> 1x</c><00:57:12.089><c> eath</c><00:57:12.359><c> 1.0</c><00:57:12.990><c> is</c><00:57:13.140><c> getting</c>

00:57:13.370 --> 00:57:13.380 align:start position:0%
think eath 1x eath 1.0 is getting
 

00:57:13.380 --> 00:57:15.839 align:start position:0%
think eath 1x eath 1.0 is getting
stronger<00:57:13.770><c> there</c><00:57:14.339><c> was</c><00:57:14.520><c> a</c><00:57:14.550><c> period</c><00:57:14.940><c> of</c><00:57:15.210><c> kind</c><00:57:15.569><c> of</c>

00:57:15.839 --> 00:57:15.849 align:start position:0%
stronger there was a period of kind of
 

00:57:15.849 --> 00:57:18.630 align:start position:0%
stronger there was a period of kind of
you<00:57:16.630><c> know</c><00:57:16.749><c> eath</c><00:57:16.930><c> 2.0</c><00:57:17.529><c> is</c><00:57:17.589><c> the</c><00:57:17.829><c> the</c><00:57:18.130><c> new</c><00:57:18.279><c> stuff</c>

00:57:18.630 --> 00:57:18.640 align:start position:0%
you know eath 2.0 is the the new stuff
 

00:57:18.640 --> 00:57:21.660 align:start position:0%
you know eath 2.0 is the the new stuff
and<00:57:19.150><c> it's</c><00:57:19.269><c> sexier</c><00:57:19.930><c> and</c><00:57:20.229><c> stuff</c><00:57:20.470><c> like</c><00:57:20.680><c> that</c><00:57:20.950><c> but</c>

00:57:21.660 --> 00:57:21.670 align:start position:0%
and it's sexier and stuff like that but
 

00:57:21.670 --> 00:57:25.170 align:start position:0%
and it's sexier and stuff like that but
uh<00:57:21.729><c> now</c><00:57:22.720><c> it's</c><00:57:23.200><c> like</c><00:57:23.470><c> the</c><00:57:24.130><c> theorem</c><00:57:24.579><c> foundation</c>

00:57:25.170 --> 00:57:25.180 align:start position:0%
uh now it's like the theorem foundation
 

00:57:25.180 --> 00:57:27.599 align:start position:0%
uh now it's like the theorem foundation
has<00:57:25.749><c> dedicated</c><00:57:25.989><c> at</c><00:57:26.559><c> least</c><00:57:26.950><c> eight</c><00:57:27.220><c> million</c>

00:57:27.599 --> 00:57:27.609 align:start position:0%
has dedicated at least eight million
 

00:57:27.609 --> 00:57:31.589 align:start position:0%
has dedicated at least eight million
dollars<00:57:28.029><c> to</c><00:57:28.450><c> eath</c><00:57:28.749><c> 1.0</c><00:57:29.499><c> and</c><00:57:29.859><c> 1x</c><00:57:30.599><c> research</c>

00:57:31.589 --> 00:57:31.599 align:start position:0%
dollars to eath 1.0 and 1x research
 

00:57:31.599 --> 00:57:34.589 align:start position:0%
dollars to eath 1.0 and 1x research
development<00:57:32.170><c> etc</c><00:57:32.259><c> and</c><00:57:32.979><c> that</c><00:57:33.700><c> is</c><00:57:33.880><c> being</c><00:57:34.180><c> spun</c>

00:57:34.589 --> 00:57:34.599 align:start position:0%
development etc and that is being spun
 

00:57:34.599 --> 00:57:36.569 align:start position:0%
development etc and that is being spun
up<00:57:34.779><c> they</c><00:57:34.989><c> did</c><00:57:35.109><c> that</c><00:57:35.200><c> back</c><00:57:35.380><c> in</c><00:57:35.410><c> May</c><00:57:35.769><c> to</c><00:57:36.369><c> do</c><00:57:36.489><c> it</c>

00:57:36.569 --> 00:57:36.579 align:start position:0%
up they did that back in May to do it
 

00:57:36.579 --> 00:57:38.099 align:start position:0%
up they did that back in May to do it
for<00:57:36.729><c> the</c><00:57:36.789><c> next</c><00:57:36.910><c> year</c><00:57:37.089><c> and</c><00:57:37.479><c> there</c><00:57:37.690><c> are</c><00:57:37.809><c> teams</c>

00:57:38.099 --> 00:57:38.109 align:start position:0%
for the next year and there are teams
 

00:57:38.109 --> 00:57:40.079 align:start position:0%
for the next year and there are teams
being<00:57:38.410><c> spun</c><00:57:38.739><c> up</c><00:57:38.890><c> as</c><00:57:39.039><c> we</c><00:57:39.190><c> speak</c><00:57:39.369><c> coordinators</c>

00:57:40.079 --> 00:57:40.089 align:start position:0%
being spun up as we speak coordinators
 

00:57:40.089 --> 00:57:42.569 align:start position:0%
being spun up as we speak coordinators
being<00:57:40.329><c> spun</c><00:57:40.599><c> up</c><00:57:40.779><c> as</c><00:57:40.930><c> we</c><00:57:41.049><c> speak</c><00:57:41.380><c> so</c><00:57:42.130><c> there's</c><00:57:42.489><c> a</c>

00:57:42.569 --> 00:57:42.579 align:start position:0%
being spun up as we speak so there's a
 

00:57:42.579 --> 00:57:44.430 align:start position:0%
being spun up as we speak so there's a
lot<00:57:43.150><c> of</c><00:57:43.269><c> good</c><00:57:43.390><c> stuff</c><00:57:43.599><c> happening</c><00:57:43.809><c> as</c><00:57:44.229><c> some</c><00:57:44.349><c> of</c>

00:57:44.430 --> 00:57:44.440 align:start position:0%
lot of good stuff happening as some of
 

00:57:44.440 --> 00:57:45.779 align:start position:0%
lot of good stuff happening as some of
it's<00:57:44.559><c> happening</c><00:57:44.680><c> in</c><00:57:44.950><c> the</c><00:57:45.009><c> background</c><00:57:45.489><c> a</c><00:57:45.640><c> lot</c>

00:57:45.779 --> 00:57:45.789 align:start position:0%
it's happening in the background a lot
 

00:57:45.789 --> 00:57:46.950 align:start position:0%
it's happening in the background a lot
of<00:57:45.880><c> it</c><00:57:45.999><c> you're</c><00:57:46.089><c> gonna</c><00:57:46.150><c> see</c><00:57:46.420><c> in</c><00:57:46.509><c> the</c><00:57:46.539><c> forefront</c>

00:57:46.950 --> 00:57:46.960 align:start position:0%
of it you're gonna see in the forefront
 

00:57:46.960 --> 00:57:51.630 align:start position:0%
of it you're gonna see in the forefront
real<00:57:47.319><c> soon</c><00:57:48.119><c> you've</c><00:57:49.119><c> won</c><00:57:49.359><c> forever</c><00:57:49.829><c> yeah</c><00:57:50.859><c> wait</c>

00:57:51.630 --> 00:57:51.640 align:start position:0%
real soon you've won forever yeah wait
 

00:57:51.640 --> 00:57:53.069 align:start position:0%
real soon you've won forever yeah wait
but<00:57:51.940><c> is</c><00:57:52.029><c> it</c><00:57:52.150><c> really</c><00:57:52.329><c> gonna</c><00:57:52.420><c> be</c><00:57:52.569><c> forever</c><00:57:52.749><c> that's</c>

00:57:53.069 --> 00:57:53.079 align:start position:0%
but is it really gonna be forever that's
 

00:57:53.079 --> 00:57:54.960 align:start position:0%
but is it really gonna be forever that's
actually<00:57:53.440><c> the</c><00:57:53.589><c> next</c><00:57:53.890><c> topic</c><00:57:54.220><c> eath</c><00:57:54.579><c> one-day</c>

00:57:54.960 --> 00:57:54.970 align:start position:0%
actually the next topic eath one-day
 

00:57:54.970 --> 00:58:00.479 align:start position:0%
actually the next topic eath one-day
into<00:57:55.599><c> transition</c><00:57:58.380><c> just</c><00:57:59.380><c> one</c><00:57:59.799><c> last</c><00:58:00.009><c> one</c><00:58:00.339><c> last</c>

00:58:00.479 --> 00:58:00.489 align:start position:0%
into transition just one last one last
 

00:58:00.489 --> 00:58:03.329 align:start position:0%
into transition just one last one last
bit<00:58:00.789><c> about</c><00:58:00.970><c> that</c><00:58:01.180><c> I</c><00:58:01.509><c> mean</c><00:58:01.960><c> oh</c><00:58:02.140><c> he's</c><00:58:02.710><c> gone</c><00:58:02.890><c> but</c>

00:58:03.329 --> 00:58:03.339 align:start position:0%
bit about that I mean oh he's gone but
 

00:58:03.339 --> 00:58:05.219 align:start position:0%
bit about that I mean oh he's gone but
the<00:58:03.460><c> guy</c><00:58:03.579><c> was</c><00:58:03.729><c> just</c><00:58:03.759><c> standing</c><00:58:04.150><c> there</c><00:58:04.210><c> had</c><00:58:05.079><c> like</c>

00:58:05.219 --> 00:58:05.229 align:start position:0%
the guy was just standing there had like
 

00:58:05.229 --> 00:58:10.890 align:start position:0%
the guy was just standing there had like
some<00:58:05.410><c> pretty</c><00:58:08.729><c> but</c><00:58:09.729><c> just</c><00:58:09.880><c> like</c><00:58:10.029><c> in</c><00:58:10.239><c> general</c><00:58:10.450><c> I</c>

00:58:10.890 --> 00:58:10.900 align:start position:0%
some pretty but just like in general I
 

00:58:10.900 --> 00:58:12.839 align:start position:0%
some pretty but just like in general I
think<00:58:11.140><c> like</c><00:58:11.349><c> that</c><00:58:11.859><c> developers</c><00:58:12.430><c> if</c><00:58:12.579><c> you</c><00:58:12.700><c> have</c>

00:58:12.839 --> 00:58:12.849 align:start position:0%
think like that developers if you have
 

00:58:12.849 --> 00:58:15.359 align:start position:0%
think like that developers if you have
like<00:58:13.029><c> these</c><00:58:13.210><c> peculiar</c><00:58:13.779><c> use</c><00:58:14.170><c> cases</c><00:58:14.440><c> trying</c><00:58:15.099><c> I</c>

00:58:15.359 --> 00:58:15.369 align:start position:0%
like these peculiar use cases trying I
 

00:58:15.369 --> 00:58:17.160 align:start position:0%
like these peculiar use cases trying I
don't<00:58:15.549><c> know</c><00:58:15.609><c> like</c><00:58:16.239><c> on</c><00:58:16.390><c> eat</c><00:58:16.569><c> magicians</c><00:58:17.049><c> or</c>

00:58:17.160 --> 00:58:17.170 align:start position:0%
don't know like on eat magicians or
 

00:58:17.170 --> 00:58:18.630 align:start position:0%
don't know like on eat magicians or
somewhere<00:58:17.470><c> like</c><00:58:17.499><c> that</c><00:58:17.619><c> they</c><00:58:18.249><c> try</c><00:58:18.460><c> and</c><00:58:18.519><c> like</c>

00:58:18.630 --> 00:58:18.640 align:start position:0%
somewhere like that they try and like
 

00:58:18.640 --> 00:58:20.759 align:start position:0%
somewhere like that they try and like
explain<00:58:19.089><c> like</c><00:58:19.720><c> answer</c><00:58:20.019><c> those</c><00:58:20.170><c> questions</c><00:58:20.529><c> and</c>

00:58:20.759 --> 00:58:20.769 align:start position:0%
explain like answer those questions and
 

00:58:20.769 --> 00:58:22.499 align:start position:0%
explain like answer those questions and
like<00:58:20.890><c> oh</c><00:58:21.130><c> are</c><00:58:21.609><c> DAP</c><00:58:21.789><c> is</c><00:58:21.969><c> like</c><00:58:22.119><c> kind</c><00:58:22.329><c> of</c><00:58:22.359><c> weird</c>

00:58:22.499 --> 00:58:22.509 align:start position:0%
like oh are DAP is like kind of weird
 

00:58:22.509 --> 00:58:24.839 align:start position:0%
like oh are DAP is like kind of weird
because<00:58:22.749><c> it</c><00:58:23.019><c> uses</c><00:58:23.200><c> logs</c><00:58:23.859><c> in</c><00:58:24.069><c> this</c><00:58:24.190><c> way</c><00:58:24.400><c> and</c><00:58:24.700><c> and</c>

00:58:24.839 --> 00:58:24.849 align:start position:0%
because it uses logs in this way and and
 

00:58:24.849 --> 00:58:26.819 align:start position:0%
because it uses logs in this way and and
we'd<00:58:25.299><c> like</c><00:58:25.479><c> the</c><00:58:25.630><c> note</c><00:58:25.809><c> to</c><00:58:26.019><c> do</c><00:58:26.170><c> that</c><00:58:26.319><c> or</c><00:58:26.559><c> not</c><00:58:26.589><c> do</c>

00:58:26.819 --> 00:58:26.829 align:start position:0%
we'd like the note to do that or not do
 

00:58:26.829 --> 00:58:28.469 align:start position:0%
we'd like the note to do that or not do
that<00:58:26.979><c> like</c><00:58:27.609><c> if</c><00:58:27.819><c> they</c><00:58:27.969><c> were</c><00:58:28.029><c> like</c><00:58:28.269><c> eath</c>

00:58:28.469 --> 00:58:28.479 align:start position:0%
that like if they were like eath
 

00:58:28.479 --> 00:58:30.390 align:start position:0%
that like if they were like eath
magician<00:58:28.960><c> supposed</c><00:58:29.440><c> you</c><00:58:29.979><c> know</c><00:58:30.009><c> kind</c><00:58:30.339><c> of</c>

00:58:30.390 --> 00:58:30.400 align:start position:0%
magician supposed you know kind of
 

00:58:30.400 --> 00:58:32.279 align:start position:0%
magician supposed you know kind of
either<00:58:30.999><c> complaining</c><00:58:31.660><c> you're</c><00:58:31.809><c> requesting</c>

00:58:32.279 --> 00:58:32.289 align:start position:0%
either complaining you're requesting
 

00:58:32.289 --> 00:58:33.900 align:start position:0%
either complaining you're requesting
features<00:58:32.619><c> I</c><00:58:32.859><c> think</c><00:58:33.160><c> that</c><00:58:33.400><c> would</c><00:58:33.489><c> be</c><00:58:33.579><c> pretty</c>

00:58:33.900 --> 00:58:33.910 align:start position:0%
features I think that would be pretty
 

00:58:33.910 --> 00:58:35.999 align:start position:0%
features I think that would be pretty
useful<00:58:33.999><c> I</c><00:58:34.390><c> mean</c><00:58:34.569><c> like</c><00:58:34.719><c> one</c><00:58:35.619><c> five</c><00:58:35.829><c> of</c><00:58:35.979><c> nine</c>

00:58:35.999 --> 00:58:36.009 align:start position:0%
useful I mean like one five of nine
 

00:58:36.009 --> 00:58:37.589 align:start position:0%
useful I mean like one five of nine
right<00:58:36.489><c> was</c><00:58:36.670><c> like</c><00:58:36.880><c> one</c><00:58:37.029><c> I</c><00:58:37.059><c> was</c><00:58:37.269><c> very</c><00:58:37.420><c> interested</c>

00:58:37.589 --> 00:58:37.599 align:start position:0%
right was like one I was very interested
 

00:58:37.599 --> 00:58:39.299 align:start position:0%
right was like one I was very interested
in<00:58:37.869><c> already</c><00:58:38.049><c> right</c><00:58:38.289><c> and</c><00:58:38.469><c> it's</c><00:58:38.589><c> imagine</c><00:58:39.069><c> a</c><00:58:39.160><c> lot</c>

00:58:39.299 --> 00:58:39.309 align:start position:0%
in already right and it's imagine a lot
 

00:58:39.309 --> 00:58:40.950 align:start position:0%
in already right and it's imagine a lot
of<00:58:39.339><c> DOC</c><00:58:39.519><c> development</c><00:58:40.119><c> care</c><00:58:40.329><c> a</c><00:58:40.359><c> lot</c><00:58:40.569><c> about</c><00:58:40.630><c> that</c>

00:58:40.950 --> 00:58:40.960 align:start position:0%
of DOC development care a lot about that
 

00:58:40.960 --> 00:58:43.380 align:start position:0%
of DOC development care a lot about that
because<00:58:41.049><c> gasses</c><00:58:41.640><c> you</c><00:58:42.640><c> know</c><00:58:42.700><c> lifeblood</c><00:58:43.269><c> and</c>

00:58:43.380 --> 00:58:43.390 align:start position:0%
because gasses you know lifeblood and
 

00:58:43.390 --> 00:58:45.299 align:start position:0%
because gasses you know lifeblood and
having<00:58:43.809><c> the</c><00:58:43.900><c> form</c><00:58:44.650><c> to</c><00:58:44.769><c> be</c><00:58:44.799><c> able</c><00:58:44.890><c> to</c><00:58:44.979><c> talk</c><00:58:45.069><c> about</c>

00:58:45.299 --> 00:58:45.309 align:start position:0%
having the form to be able to talk about
 

00:58:45.309 --> 00:58:46.859 align:start position:0%
having the form to be able to talk about
that<00:58:45.460><c> because</c><00:58:45.579><c> don't</c><00:58:46.239><c> really</c><00:58:46.509><c> want</c><00:58:46.660><c> to</c><00:58:46.690><c> jump</c>

00:58:46.859 --> 00:58:46.869 align:start position:0%
that because don't really want to jump
 

00:58:46.869 --> 00:58:48.239 align:start position:0%
that because don't really want to jump
in<00:58:47.019><c> on</c><00:58:47.109><c> AI</c><00:58:47.289><c> pay</c><00:58:47.589><c> unless</c><00:58:47.769><c> I</c><00:58:47.950><c> have</c><00:58:48.039><c> something</c>

00:58:48.239 --> 00:58:48.249 align:start position:0%
in on AI pay unless I have something
 

00:58:48.249 --> 00:58:50.459 align:start position:0%
in on AI pay unless I have something
yeah<00:58:48.910><c> you</c><00:58:49.150><c> know</c><00:58:49.210><c> meaningful</c><00:58:49.599><c> to</c><00:58:49.690><c> say</c><00:58:49.869><c> I</c><00:58:50.079><c> think</c>

00:58:50.459 --> 00:58:50.469 align:start position:0%
yeah you know meaningful to say I think
 

00:58:50.469 --> 00:58:52.019 align:start position:0%
yeah you know meaningful to say I think
so<00:58:50.589><c> I</c><00:58:50.619><c> feel</c><00:58:50.799><c> like</c><00:58:50.829><c> youth</c><00:58:51.279><c> magicians</c><00:58:51.729><c> it's</c><00:58:51.880><c> kind</c>

00:58:52.019 --> 00:58:52.029 align:start position:0%
so I feel like youth magicians it's kind
 

00:58:52.029 --> 00:58:54.329 align:start position:0%
so I feel like youth magicians it's kind
of<00:58:52.150><c> more</c><00:58:52.329><c> general</c><00:58:52.749><c> less</c><00:58:53.019><c> formal</c><00:58:53.769><c> forum</c><00:58:54.160><c> where</c>

00:58:54.329 --> 00:58:54.339 align:start position:0%
of more general less formal forum where
 

00:58:54.339 --> 00:58:56.400 align:start position:0%
of more general less formal forum where
you<00:58:54.430><c> can</c><00:58:54.460><c> just</c><00:58:54.759><c> kind</c><00:58:54.940><c> of</c><00:58:55.029><c> write</c><00:58:55.569><c> a</c><00:58:55.599><c> post</c><00:58:56.200><c> and</c>

00:58:56.400 --> 00:58:56.410 align:start position:0%
you can just kind of write a post and
 

00:58:56.410 --> 00:59:05.300 align:start position:0%
you can just kind of write a post and
people<00:58:56.650><c> will</c><00:58:56.769><c> see</c><00:58:56.890><c> it</c><00:58:56.979><c> yeah</c>

00:59:05.300 --> 00:59:05.310 align:start position:0%
 
 

00:59:05.310 --> 00:59:07.370 align:start position:0%
 
you

