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I'm<00:00:19.400><c> happy</c><00:00:19.600><c> to</c><00:00:19.720><c> be</c><00:00:19.920><c> here</c><00:00:20.160><c> to</c><00:00:20.519><c> update</c><00:00:20.920><c> you</c><00:00:21.080><c> on</c>

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I'm happy to be here to update you on
 

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I'm happy to be here to update you on
our<00:00:21.560><c> progress</c><00:00:22.119><c> with</c><00:00:22.439><c> the</c><00:00:22.880><c> Golem</c><00:00:23.279><c> project</c><00:00:24.199><c> so</c><00:00:24.920><c> I</c>

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our progress with the Golem project so I
 

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our progress with the Golem project so I
think<00:00:25.240><c> golen</c><00:00:25.599><c> project</c><00:00:25.920><c> is</c><00:00:26.080><c> is</c><00:00:26.320><c> with</c><00:00:26.519><c> ethereum</c>

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think golen project is is with ethereum
 

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think golen project is is with ethereum
almost<00:00:27.560><c> from</c><00:00:27.760><c> the</c><00:00:27.920><c> beginning</c><00:00:28.920><c> uh</c><00:00:29.480><c> in</c><00:00:29.679><c> fact</c><00:00:30.119><c> we</c>

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almost from the beginning uh in fact we
 

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almost from the beginning uh in fact we
we<00:00:31.119><c> we</c><00:00:31.279><c> we</c><00:00:31.480><c> thought</c><00:00:31.920><c> about</c><00:00:32.399><c> Goen</c><00:00:33.000><c> project</c>

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we we we thought about Goen project
 

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we we we thought about Goen project
shortly<00:00:34.480><c> after</c><00:00:34.840><c> learning</c><00:00:35.320><c> about</c><00:00:35.600><c> ethereum</c>

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shortly after learning about ethereum
 

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shortly after learning about ethereum
because<00:00:37.000><c> I</c><00:00:37.120><c> believe</c><00:00:37.520><c> that</c><00:00:37.800><c> ethereum</c><00:00:38.440><c> is</c><00:00:38.680><c> the</c>

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because I believe that ethereum is the
 

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because I believe that ethereum is the
technology<00:00:39.680><c> that</c><00:00:39.920><c> makes</c><00:00:40.239><c> the</c><00:00:40.440><c> concept</c>

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technology that makes the concept
 

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technology that makes the concept
possible<00:00:41.960><c> so</c><00:00:42.520><c> um</c><00:00:43.200><c> as</c><00:00:43.399><c> this</c><00:00:43.520><c> is</c><00:00:43.719><c> our</c><00:00:44.480><c> uh</c><00:00:45.399><c> third</c>

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possible so um as this is our uh third
 

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possible so um as this is our uh third
uh<00:00:46.680><c> Defcon</c><00:00:47.280><c> already</c><00:00:47.840><c> I</c><00:00:47.920><c> will</c><00:00:48.640><c> only</c><00:00:49.320><c> describe</c>

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uh Defcon already I will only describe
 

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uh Defcon already I will only describe
the<00:00:50.120><c> the</c><00:00:50.320><c> concept</c><00:00:50.719><c> the</c><00:00:50.840><c> basic</c><00:00:51.239><c> concept</c><00:00:52.000><c> very</c>

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the the concept the basic concept very
 

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the the concept the basic concept very
shortly<00:00:53.480><c> uh</c><00:00:53.559><c> so</c><00:00:53.760><c> golm</c><00:00:54.120><c> is</c><00:00:54.239><c> to</c><00:00:54.359><c> be</c><00:00:54.840><c> a</c><00:00:55.000><c> market</c><00:00:55.359><c> for</c>

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shortly uh so golm is to be a market for
 

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shortly uh so golm is to be a market for
computing<00:00:56.239><c> power</c><00:00:57.199><c> where</c><00:00:57.960><c> uh</c><00:00:58.480><c> anyone</c><00:00:59.039><c> can</c><00:00:59.519><c> like</c>

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computing power where uh anyone can like
 

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computing power where uh anyone can like
set<00:01:00.879><c> an</c><00:01:01.079><c> offer</c><00:01:01.559><c> to</c><00:01:01.800><c> sell</c><00:01:02.480><c> the</c><00:01:02.719><c> time</c><00:01:03.600><c> of</c><00:01:04.280><c> a</c>

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set an offer to sell the time of a
 

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set an offer to sell the time of a
machine<00:01:04.960><c> of</c><00:01:05.159><c> of</c><00:01:05.239><c> a</c><00:01:05.400><c> Computing</c><00:01:05.920><c> and</c><00:01:06.360><c> anyone</c>

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machine of of a Computing and anyone
 

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machine of of a Computing and anyone
else<00:01:07.040><c> can</c><00:01:07.560><c> use</c><00:01:08.000><c> advantage</c><00:01:08.360><c> of</c><00:01:08.560><c> that</c><00:01:08.840><c> and</c><00:01:09.040><c> and</c>

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else can use advantage of that and and
 

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else can use advantage of that and and
and<00:01:09.520><c> buy</c><00:01:09.840><c> this</c><00:01:10.200><c> this</c><00:01:10.439><c> this</c><00:01:10.680><c> time</c><00:01:11.520><c> uh</c><00:01:11.680><c> by</c>

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and buy this this this time uh by
 

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and buy this this this time uh by
Computing<00:01:12.640><c> a</c><00:01:13.119><c> a</c><00:01:13.560><c> a</c><00:01:13.720><c> heavy</c><00:01:14.040><c> Computing</c><00:01:14.479><c> task</c><00:01:14.799><c> on</c>

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Computing a a a heavy Computing task on
 

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Computing a a a heavy Computing task on
the<00:01:15.640><c> provider</c><00:01:16.560><c> machine</c><00:01:17.560><c> so</c><00:01:18.159><c> there</c><00:01:18.280><c> are</c><00:01:18.560><c> two</c>

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the provider machine so there are two
 

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the provider machine so there are two
very<00:01:19.119><c> important</c><00:01:19.479><c> parts</c><00:01:19.680><c> of</c><00:01:19.840><c> this</c><00:01:20.040><c> equation</c>

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very important parts of this equation
 

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very important parts of this equation
there<00:01:20.880><c> are</c><00:01:21.400><c> Hardware</c><00:01:21.880><c> providers</c><00:01:22.520><c> and</c><00:01:22.759><c> task</c>

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there are Hardware providers and task
 

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there are Hardware providers and task
requesters<00:01:23.680><c> or</c><00:01:24.240><c> or</c><00:01:25.240><c> um</c><00:01:26.159><c> or</c><00:01:26.360><c> request</c><00:01:26.799><c> or</c><00:01:27.000><c> just</c>

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requesters or or um or request or just
 

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requesters or or um or request or just
how<00:01:27.560><c> we</c><00:01:27.720><c> call</c><00:01:27.920><c> them</c><00:01:28.439><c> but</c><00:01:28.680><c> there</c><00:01:28.799><c> is</c><00:01:29.079><c> also</c><00:01:29.600><c> the</c>

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how we call them but there is also the
 

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how we call them but there is also the
third<00:01:30.280><c> very</c><00:01:30.479><c> important</c><00:01:31.119><c> element</c><00:01:31.759><c> that</c><00:01:31.920><c> we</c>

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third very important element that we
 

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third very important element that we
have<00:01:32.680><c> a</c><00:01:32.799><c> little</c><00:01:33.320><c> bit</c><00:01:34.320><c> um</c><00:01:34.960><c> over</c><00:01:35.280><c> skipped</c><00:01:35.560><c> in</c><00:01:35.680><c> the</c>

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have a little bit um over skipped in the
 

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have a little bit um over skipped in the
communication<00:01:36.840><c> uh</c><00:01:37.200><c> Rec</c><00:01:38.200><c> who</c><00:01:38.320><c> are</c><00:01:38.520><c> software</c>

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communication uh Rec who are software
 

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communication uh Rec who are software
developers<00:01:39.560><c> and</c><00:01:39.720><c> we</c><00:01:39.960><c> thought</c><00:01:40.240><c> that</c><00:01:40.479><c> as</c><00:01:40.720><c> we</c><00:01:40.920><c> are</c>

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developers and we thought that as we are
 

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developers and we thought that as we are
on<00:01:41.240><c> a</c><00:01:41.399><c> Devcon</c><00:01:41.920><c> after</c><00:01:42.159><c> all</c><00:01:42.759><c> maybe</c><00:01:43.200><c> we</c><00:01:43.479><c> should</c>

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on a Devcon after all maybe we should
 

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on a Devcon after all maybe we should
tell<00:01:44.640><c> you</c><00:01:44.920><c> more</c><00:01:45.280><c> how</c><00:01:45.439><c> we</c><00:01:45.600><c> plan</c><00:01:46.000><c> to</c><00:01:46.960><c> integrate</c>

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tell you more how we plan to integrate
 

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tell you more how we plan to integrate
software<00:01:47.880><c> developers</c><00:01:48.399><c> into</c><00:01:49.079><c> the</c>

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software developers into the
 

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software developers into the
equation<00:01:51.399><c> uh</c><00:01:52.399><c> so</c><00:01:53.280><c> like</c>

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equation uh so like
 

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equation uh so like
with<00:01:55.240><c> like</c><00:01:55.479><c> with</c><00:01:56.079><c> every</c><00:01:57.079><c> um</c><00:01:58.000><c> like</c><00:01:58.159><c> it</c><00:01:58.399><c> like</c>

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with like with every um like it like
 

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with like with every um like it like
with<00:01:59.280><c> every</c>

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with every
 

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with every
complex<00:02:00.960><c> system</c><00:02:01.399><c> with</c><00:02:01.600><c> many</c><00:02:01.960><c> players</c><00:02:02.799><c> you</c>

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complex system with many players you
 

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complex system with many players you
need<00:02:03.280><c> to</c><00:02:03.560><c> have</c><00:02:03.719><c> some</c><00:02:03.960><c> features</c><00:02:04.719><c> and</c><00:02:04.960><c> some</c>

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need to have some features and some
 

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need to have some features and some
incentives<00:02:05.920><c> which</c><00:02:06.159><c> makes</c><00:02:06.520><c> players</c><00:02:06.920><c> to</c><00:02:07.200><c> use</c>

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incentives which makes players to use
 

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incentives which makes players to use
the<00:02:07.640><c> features</c><00:02:08.640><c> and</c><00:02:08.879><c> in</c><00:02:09.039><c> our</c><00:02:09.319><c> case</c><00:02:09.720><c> we</c><00:02:09.959><c> have</c><00:02:10.599><c> uh</c>

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the features and in our case we have uh
 

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the features and in our case we have uh
feature<00:02:12.480><c> as</c><00:02:12.599><c> a</c><00:02:12.760><c> Golem</c><00:02:13.120><c> is</c><00:02:13.200><c> a</c><00:02:13.319><c> flexible</c>

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feature as a Golem is a flexible
 

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feature as a Golem is a flexible
platform<00:02:14.160><c> to</c><00:02:14.360><c> deploy</c><00:02:14.680><c> and</c><00:02:14.840><c> monetize</c><00:02:15.319><c> software</c>

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platform to deploy and monetize software
 

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platform to deploy and monetize software
that's<00:02:15.959><c> for</c><00:02:16.440><c> software</c><00:02:16.920><c> developers</c><00:02:17.440><c> of</c><00:02:17.599><c> course</c>

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that's for software developers of course
 

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that's for software developers of course
and<00:02:18.560><c> also</c><00:02:19.400><c> Golem</c><00:02:19.800><c> is</c><00:02:19.920><c> a</c><00:02:20.120><c> tool</c><00:02:20.760><c> to</c><00:02:21.760><c> uh</c><00:02:22.080><c> sell</c><00:02:22.400><c> a</c>

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and also Golem is a tool to uh sell a
 

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and also Golem is a tool to uh sell a
hardware<00:02:23.080><c> time</c><00:02:23.440><c> or</c><00:02:23.720><c> bar</c><00:02:24.160><c> buy</c><00:02:24.400><c> Hardware</c><00:02:24.800><c> time</c>

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hardware time or bar buy Hardware time
 

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hardware time or bar buy Hardware time
if<00:02:25.200><c> you</c><00:02:25.319><c> are</c><00:02:25.879><c> uh</c><00:02:26.040><c> in</c><00:02:26.200><c> need</c><00:02:26.480><c> of</c><00:02:26.879><c> some</c><00:02:27.680><c> so</c><00:02:27.879><c> this</c><00:02:28.000><c> is</c>

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if you are uh in need of some so this is
 

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if you are uh in need of some so this is
the<00:02:28.280><c> basic</c><00:02:28.680><c> concept</c>

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the basic concept
 

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the basic concept
uh<00:02:30.599><c> we</c><00:02:30.760><c> have</c><00:02:30.959><c> made</c><00:02:31.200><c> actually</c><00:02:31.640><c> quite</c><00:02:32.239><c> a</c><00:02:32.400><c> good</c>

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uh we have made actually quite a good
 

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uh we have made actually quite a good
progress<00:02:33.080><c> since</c><00:02:33.400><c> the</c><00:02:33.720><c> previous</c><00:02:34.720><c> uh</c><00:02:35.200><c> Defcon</c>

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progress since the previous uh Defcon
 

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progress since the previous uh Defcon
Defcon<00:02:36.040><c> one</c><00:02:36.280><c> where</c><00:02:36.519><c> P</c><00:02:36.840><c> yanuk</c><00:02:37.160><c> presented</c><00:02:37.519><c> our</c>

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Defcon one where P yanuk presented our
 

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Defcon one where P yanuk presented our
probabilistic<00:02:38.959><c> nanop</c><00:02:39.239><c> payment</c><00:02:39.680><c> scheme</c><00:02:40.680><c> uh</c><00:02:40.879><c> we</c>

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probabilistic nanop payment scheme uh we
 

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probabilistic nanop payment scheme uh we
have<00:02:41.319><c> a</c><00:02:41.879><c> live</c><00:02:42.519><c> public</c><00:02:43.040><c> Alpha</c><00:02:43.440><c> version</c><00:02:43.959><c> at</c><00:02:44.080><c> the</c>

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have a live public Alpha version at the
 

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have a live public Alpha version at the
moment<00:02:44.519><c> running</c><00:02:44.879><c> on</c><00:02:45.000><c> our</c><00:02:45.239><c> test</c><00:02:45.560><c> net</c><00:02:46.200><c> so</c><00:02:46.400><c> you</c>

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moment running on our test net so you
 

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moment running on our test net so you
welcome<00:02:47.560><c> to</c><00:02:48.120><c> try</c><00:02:48.400><c> it</c><00:02:48.560><c> to</c><00:02:48.680><c> see</c><00:02:48.920><c> the</c><00:02:49.120><c> code</c><00:02:49.400><c> on</c><00:02:50.000><c> on</c>

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welcome to try it to see the code on on
 

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welcome to try it to see the code on on
on<00:02:50.280><c> a</c><00:02:50.800><c> GitHub</c><00:02:51.800><c> uh</c><00:02:52.200><c> and</c><00:02:52.760><c> yes</c><00:02:53.000><c> and</c><00:02:53.239><c> there</c><00:02:53.400><c> is</c><00:02:53.560><c> one</c>

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on a GitHub uh and yes and there is one
 

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on a GitHub uh and yes and there is one
great<00:02:54.120><c> thing</c><00:02:54.319><c> you</c><00:02:54.440><c> will</c><00:02:54.560><c> be</c><00:02:54.720><c> avered</c><00:02:55.680><c> uh</c><00:02:56.120><c> 100</c>

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great thing you will be avered uh 100
 

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great thing you will be avered uh 100
eer<00:02:57.159><c> if</c><00:02:57.280><c> you</c><00:02:57.440><c> join</c><00:02:58.200><c> but</c><00:02:58.400><c> these</c><00:02:58.560><c> are</c><00:02:58.760><c> our</c><00:02:59.080><c> test</c>

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eer if you join but these are our test
 

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eer if you join but these are our test
net<00:03:00.040><c> eer</c><00:03:01.000><c> so</c><00:03:01.440><c> they're</c><00:03:02.040><c> worth</c><00:03:02.440><c> nothing</c><00:03:03.040><c> but</c>

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net eer so they're worth nothing but
 

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net eer so they're worth nothing but
still<00:03:03.400><c> you</c><00:03:03.480><c> can</c><00:03:03.840><c> like</c><00:03:04.040><c> do</c><00:03:04.200><c> some</c><00:03:04.360><c> rendering</c>

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still you can like do some rendering
 

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still you can like do some rendering
with<00:03:05.120><c> that</c><00:03:05.599><c> because</c><00:03:06.159><c> what</c><00:03:06.319><c> we</c><00:03:06.480><c> have</c>

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with that because what we have
 

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with that because what we have
integrated<00:03:07.360><c> so</c><00:03:07.560><c> far</c><00:03:07.959><c> is</c><00:03:08.159><c> is</c><00:03:08.239><c> a</c><00:03:08.400><c> blender</c>

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integrated so far is is a blender
 

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integrated so far is is a blender
blender<00:03:09.560><c> is</c><00:03:09.720><c> a</c><00:03:10.040><c> open-</c><00:03:10.360><c> source</c><00:03:10.959><c> rendering</c>

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blender is a open- source rendering
 

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blender is a open- source rendering
software<00:03:12.360><c> so</c><00:03:12.720><c> you</c><00:03:12.840><c> can</c><00:03:13.239><c> render</c><00:03:13.680><c> yourself</c><00:03:14.120><c> a</c>

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software so you can render yourself a
 

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software so you can render yourself a
picture<00:03:14.760><c> or</c><00:03:14.879><c> a</c><00:03:15.040><c> movie</c><00:03:16.040><c> and</c><00:03:16.319><c> you</c><00:03:16.440><c> know</c><00:03:16.640><c> pay</c><00:03:16.879><c> that</c>

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picture or a movie and you know pay that
 

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picture or a movie and you know pay that
with<00:03:17.239><c> that</c><00:03:17.560><c> with</c><00:03:17.720><c> our</c><00:03:18.040><c> test</c><00:03:18.319><c> net</c>

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with that with our test net
 

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with that with our test net
interest<00:03:20.280><c> so</c><00:03:21.280><c> so</c><00:03:21.720><c> those</c><00:03:21.840><c> are</c><00:03:22.000><c> the</c><00:03:22.120><c> bases</c><00:03:22.760><c> so</c>

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interest so so those are the bases so
 

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interest so so those are the bases so
now<00:03:23.680><c> where</c><00:03:23.920><c> is</c><00:03:24.239><c> where</c><00:03:24.360><c> is</c><00:03:24.599><c> where</c><00:03:24.680><c> is</c><00:03:24.840><c> the</c><00:03:25.000><c> big</c>

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now where is where is where is the big
 

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now where is where is where is the big
story<00:03:25.599><c> for</c><00:03:25.879><c> today</c><00:03:26.879><c> for</c><00:03:27.080><c> the</c><00:03:27.440><c> big</c><00:03:27.680><c> story</c><00:03:28.360><c> I</c>

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story for today for the big story I
 

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story for today for the big story I
would<00:03:28.640><c> like</c><00:03:28.760><c> to</c><00:03:28.920><c> tell</c><00:03:29.120><c> you</c><00:03:30.000><c> a</c><00:03:30.159><c> little</c><00:03:30.400><c> bit</c>

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would like to tell you a little bit
 

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would like to tell you a little bit
about<00:03:31.120><c> no</c><00:03:31.319><c> no</c><00:03:31.640><c> not</c><00:03:31.879><c> that</c>

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about no no not that
 

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about no no not that
way<00:03:34.159><c> a</c><00:03:34.280><c> little</c><00:03:34.480><c> bit</c><00:03:34.680><c> about</c><00:03:35.040><c> about</c><00:03:35.480><c> history</c><00:03:36.080><c> so</c>

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way a little bit about about history so
 

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way a little bit about about history so
80s<00:03:36.799><c> were</c><00:03:37.159><c> great</c><00:03:37.519><c> time</c><00:03:38.040><c> Lio</c><00:03:39.040><c> fancy</c><00:03:39.840><c> haircuts</c>

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80s were great time Lio fancy haircuts
 

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80s were great time Lio fancy haircuts
but<00:03:41.040><c> also</c><00:03:41.519><c> like</c><00:03:41.680><c> the</c><00:03:41.879><c> beginning</c><00:03:42.400><c> of</c><00:03:42.599><c> of</c><00:03:42.720><c> the</c>

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but also like the beginning of of the
 

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but also like the beginning of of the
personal<00:03:43.319><c> computers</c><00:03:43.840><c> era</c><00:03:44.319><c> as</c><00:03:44.480><c> we</c><00:03:44.799><c> know</c><00:03:45.080><c> it</c><00:03:45.280><c> now</c>

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personal computers era as we know it now
 

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personal computers era as we know it now
so<00:03:46.280><c> what</c><00:03:46.439><c> happened</c><00:03:46.799><c> in</c><00:03:47.000><c> in</c><00:03:47.120><c> the</c><00:03:47.239><c> early</c><00:03:47.480><c> 90s</c><00:03:48.239><c> in</c>

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so what happened in in the early 90s in
 

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so what happened in in the early 90s in
the<00:03:48.680><c> early</c><00:03:49.080><c> 80s</c><00:03:50.080><c> IBM</c><00:03:50.519><c> created</c><00:03:51.080><c> the</c><00:03:51.319><c> facto</c>

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the early 80s IBM created the facto
 

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the early 80s IBM created the facto
standard<00:03:52.560><c> for</c><00:03:52.879><c> personal</c><00:03:53.280><c> computers</c><00:03:54.239><c> standard</c>

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standard for personal computers standard
 

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standard for personal computers standard
that<00:03:55.120><c> exists</c><00:03:55.519><c> to</c><00:03:55.840><c> this</c><00:03:56.079><c> day</c><00:03:56.840><c> this</c><00:03:57.079><c> standard</c>

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that exists to this day this standard
 

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that exists to this day this standard
was<00:03:58.439><c> uh</c><00:03:58.799><c> eventually</c><00:03:59.439><c> PR</c><00:03:59.840><c> vered</c><00:04:00.120><c> engineered</c><00:04:00.680><c> by</c>

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was uh eventually PR vered engineered by
 

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was uh eventually PR vered engineered by
IBM<00:04:01.720><c> competitors</c>

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IBM competitors
 

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IBM competitors
and<00:04:04.879><c> Hardware</c><00:04:05.360><c> Market</c><00:04:06.040><c> as</c><00:04:06.200><c> we</c><00:04:06.360><c> know</c><00:04:06.879><c> it</c><00:04:07.120><c> now</c>

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and Hardware Market as we know it now
 

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and Hardware Market as we know it now
emerged<00:04:08.480><c> and</c><00:04:08.959><c> the</c><00:04:09.120><c> the</c><00:04:09.239><c> biggest</c><00:04:09.560><c> winner</c><00:04:10.280><c> of</c>

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emerged and the the biggest winner of
 

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emerged and the the biggest winner of
this<00:04:10.799><c> Hardware</c><00:04:11.200><c> Wars</c><00:04:11.640><c> was</c><00:04:11.799><c> a</c><00:04:12.040><c> software</c>

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this Hardware Wars was a software
 

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this Hardware Wars was a software
company<00:04:13.439><c> uh</c><00:04:13.560><c> Microsoft</c><00:04:14.200><c> our</c><00:04:14.560><c> our</c><00:04:14.760><c> our</c><00:04:15.079><c> sponsor</c>

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company uh Microsoft our our our sponsor
 

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company uh Microsoft our our our sponsor
today<00:04:16.759><c> and</c><00:04:17.239><c> and</c><00:04:17.440><c> and</c><00:04:17.560><c> the</c><00:04:17.720><c> truth</c><00:04:18.160><c> is</c><00:04:18.440><c> that</c><00:04:18.639><c> that</c>

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today and and and the truth is that that
 

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today and and and the truth is that that
the<00:04:18.919><c> Microsoft</c><00:04:19.759><c> was</c><00:04:20.160><c> able</c><00:04:20.479><c> to</c><00:04:20.720><c> take</c><00:04:20.959><c> advantage</c>

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the Microsoft was able to take advantage
 

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the Microsoft was able to take advantage
of<00:04:21.600><c> that</c><00:04:21.840><c> because</c><00:04:22.320><c> standard</c><00:04:22.840><c> for</c><00:04:23.360><c> Hardware</c>

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of that because standard for Hardware
 

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of that because standard for Hardware
emerg<00:04:24.840><c> so</c><00:04:25.600><c> in</c><00:04:26.080><c> fact</c><00:04:27.080><c> Hardware</c><00:04:27.479><c> alone</c><00:04:27.840><c> doesn't</c>

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emerg so in fact Hardware alone doesn't
 

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emerg so in fact Hardware alone doesn't
matter<00:04:29.240><c> like</c><00:04:29.400><c> it</c><00:04:29.520><c> does</c><00:04:29.720><c> doesn't</c><00:04:29.960><c> matter</c><00:04:30.160><c> at</c>

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matter like it does doesn't matter at
 

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matter like it does doesn't matter at
all<00:04:31.080><c> Hardware</c><00:04:31.600><c> is</c><00:04:32.080><c> worth</c><00:04:32.560><c> as</c><00:04:32.759><c> much</c><00:04:33.039><c> as</c>

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all Hardware is worth as much as
 

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all Hardware is worth as much as
software<00:04:33.880><c> running</c><00:04:34.520><c> running</c><00:04:34.800><c> on</c><00:04:34.960><c> this</c>

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software running running on this
 

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software running running on this
hardware<00:04:36.400><c> and</c><00:04:36.759><c> if</c><00:04:36.919><c> there</c><00:04:37.039><c> is</c><00:04:37.160><c> a</c><00:04:37.320><c> standard</c><00:04:37.919><c> for</c>

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hardware and if there is a standard for
 

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hardware and if there is a standard for
Hardware<00:04:39.199><c> then</c><00:04:40.039><c> software</c><00:04:40.479><c> can</c><00:04:40.639><c> take</c>

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Hardware then software can take
 

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Hardware then software can take
advantage<00:04:41.240><c> of</c><00:04:41.400><c> it</c><00:04:41.720><c> like</c><00:04:41.880><c> it</c><00:04:42.080><c> happened</c><00:04:42.479><c> with</c>

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advantage of it like it happened with
 

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advantage of it like it happened with
with<00:04:42.800><c> the</c><00:04:42.960><c> personal</c><00:04:43.320><c> computers</c><00:04:43.800><c> and</c><00:04:44.039><c> and</c><00:04:44.199><c> and</c>

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with the personal computers and and and
 

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with the personal computers and and and
Microsoft<00:04:45.680><c> so</c><00:04:46.400><c> like</c><00:04:47.160><c> I</c><00:04:47.240><c> don't</c><00:04:47.440><c> want</c><00:04:47.639><c> to</c><00:04:47.919><c> to</c><00:04:48.080><c> say</c>

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Microsoft so like I don't want to to say
 

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Microsoft so like I don't want to to say
that<00:04:48.479><c> we</c><00:04:48.600><c> are</c><00:04:48.880><c> like</c><00:04:49.080><c> creating</c><00:04:49.840><c> standard</c><00:04:50.400><c> for</c>

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that we are like creating standard for
 

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that we are like creating standard for
using<00:04:51.360><c> every</c><00:04:51.560><c> machine</c><00:04:52.120><c> because</c><00:04:52.440><c> there</c><00:04:52.560><c> are</c>

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using every machine because there are
 

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using every machine because there are
many<00:04:53.120><c> standards</c><00:04:53.560><c> for</c><00:04:53.800><c> that</c><00:04:54.000><c> many</c><00:04:54.280><c> protocols</c>

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many standards for that many protocols
 

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many standards for that many protocols
but<00:04:55.479><c> what</c><00:04:55.680><c> we</c><00:04:55.880><c> are</c><00:04:56.280><c> trying</c><00:04:56.600><c> to</c><00:04:56.800><c> do</c><00:04:57.080><c> we</c><00:04:57.240><c> try</c><00:04:57.440><c> to</c>

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but what we are trying to do we try to
 

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but what we are trying to do we try to
connect<00:04:58.479><c> all</c><00:04:58.680><c> the</c><00:04:59.039><c> standards</c><00:04:59.479><c> on</c><00:04:59.880><c> one</c>

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connect all the standards on one
 

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connect all the standards on one
platform<00:05:00.919><c> with</c><00:05:01.360><c> one</c><00:05:01.800><c> standard</c><00:05:02.560><c> way</c><00:05:02.840><c> of</c>

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platform with one standard way of
 

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platform with one standard way of
exchanging<00:05:04.240><c> value</c><00:05:05.160><c> using</c><00:05:05.919><c> ethereum</c><00:05:06.600><c> network</c>

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exchanging value using ethereum network
 

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exchanging value using ethereum network
uh<00:05:08.400><c> for</c><00:05:08.800><c> software</c><00:05:09.400><c> and</c><00:05:09.520><c> for</c><00:05:09.960><c> computing</c><00:05:10.400><c> power</c>

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uh for software and for computing power
 

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uh for software and for computing power
and<00:05:11.560><c> if</c><00:05:12.240><c> this</c><00:05:12.360><c> is</c><00:05:12.520><c> simple</c><00:05:13.080><c> for</c><00:05:13.360><c> some</c><00:05:13.680><c> computing</c>

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and if this is simple for some computing
 

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and if this is simple for some computing
power<00:05:14.560><c> you</c><00:05:14.919><c> can</c><00:05:15.240><c> ask</c><00:05:15.520><c> how</c><00:05:15.759><c> it</c><00:05:15.880><c> is</c><00:05:16.080><c> possible</c><00:05:16.360><c> to</c>

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power you can ask how it is possible to
 

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power you can ask how it is possible to
integrate<00:05:16.960><c> any</c><00:05:17.240><c> software</c><00:05:17.720><c> with</c><00:05:17.880><c> the</c>

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integrate any software with the
 

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integrate any software with the
centralized<00:05:18.680><c> system</c><00:05:19.120><c> and</c><00:05:19.360><c> this</c><00:05:19.440><c> is</c><00:05:19.639><c> what</c><00:05:19.840><c> I</c>

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centralized system and this is what I
 

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centralized system and this is what I
want<00:05:20.199><c> to</c><00:05:20.759><c> show</c><00:05:21.039><c> you</c><00:05:21.360><c> very</c><00:05:21.639><c> shortly</c><00:05:22.120><c> today</c><00:05:23.240><c> so</c>

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want to show you very shortly today so
 

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want to show you very shortly today so
we<00:05:24.400><c> need</c><00:05:25.400><c> great</c><00:05:25.680><c> software</c><00:05:26.319><c> like</c><00:05:26.600><c> beautiful</c>

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we need great software like beautiful
 

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we need great software like beautiful
software<00:05:27.720><c> built</c><00:05:28.039><c> by</c><00:05:28.840><c> Engineers</c><00:05:29.400><c> by</c><00:05:29.720><c> software</c>

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software built by Engineers by software
 

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software built by Engineers by software
developers<00:05:30.759><c> like</c><00:05:30.919><c> you</c><00:05:31.120><c> to</c><00:05:31.280><c> take</c><00:05:31.479><c> off</c><00:05:31.840><c> to</c><00:05:32.080><c> make</c>

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developers like you to take off to make
 

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developers like you to take off to make
our<00:05:33.039><c> Golem</c><00:05:33.400><c> Network</c><00:05:33.840><c> great</c><00:05:34.160><c> and</c><00:05:34.319><c> to</c><00:05:34.479><c> make</c>

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our Golem Network great and to make
 

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our Golem Network great and to make
ethereum<00:05:35.280><c> great</c><00:05:36.280><c> and</c><00:05:36.600><c> to</c><00:05:36.759><c> do</c><00:05:37.000><c> that</c><00:05:37.240><c> we</c><00:05:37.319><c> will</c>

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ethereum great and to do that we will
 

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ethereum great and to do that we will
need<00:05:38.120><c> two</c><00:05:38.600><c> concept</c><00:05:39.280><c> which</c><00:05:39.479><c> is</c><00:05:40.160><c> Golem</c>

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need two concept which is Golem
 

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need two concept which is Golem
application<00:05:40.960><c> registry</c><00:05:41.520><c> and</c><00:05:41.800><c> Golem</c>

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application registry and Golem
 

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application registry and Golem
transaction<00:05:42.600><c> framework</c><00:05:43.280><c> so</c><00:05:44.000><c> application</c>

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transaction framework so application
 

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transaction framework so application
registry<00:05:45.160><c> is</c><00:05:45.319><c> a</c><00:05:45.680><c> very</c><00:05:46.120><c> simple</c><00:05:46.720><c> Concept</c><00:05:47.199><c> in</c>

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registry is a very simple Concept in
 

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registry is a very simple Concept in
fact<00:05:48.280><c> that</c><00:05:48.440><c> you</c><00:05:48.960><c> register</c><00:05:49.600><c> on</c><00:05:49.840><c> chain</c><00:05:50.440><c> your</c>

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fact that you register on chain your
 

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fact that you register on chain your
integration<00:05:51.360><c> like</c><00:05:51.560><c> you</c><00:05:51.759><c> you</c><00:05:51.960><c> identify</c>

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integration like you you identify
 

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integration like you you identify
yourself<00:05:53.240><c> your</c><00:05:54.240><c> uh</c><00:05:54.400><c> your</c><00:05:54.639><c> application</c><00:05:55.600><c> some</c>

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yourself your uh your application some
 

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yourself your uh your application some
basic<00:05:56.240><c> information</c><00:05:56.919><c> that</c><00:05:57.440><c> uh</c><00:05:57.560><c> enables</c><00:05:58.039><c> user</c>

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basic information that uh enables user
 

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basic information that uh enables user
to<00:05:58.600><c> find</c><00:05:59.039><c> the</c><00:05:59.280><c> application</c>

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to find the application
 

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to find the application
and<00:06:00.280><c> to</c><00:06:00.440><c> install</c><00:06:00.759><c> the</c><00:06:00.919><c> application</c><00:06:01.400><c> to</c><00:06:01.560><c> run</c>

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and to install the application to run
 

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and to install the application to run
it<00:06:03.520><c> and</c><00:06:04.360><c> anyone</c><00:06:04.720><c> can</c><00:06:04.880><c> certify</c><00:06:05.400><c> that</c><00:06:06.199><c> anyone</c>

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it and anyone can certify that anyone
 

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it and anyone can certify that anyone
can<00:06:06.720><c> say</c><00:06:06.960><c> that</c><00:06:07.199><c> this</c><00:06:07.360><c> code</c><00:06:07.680><c> is</c><00:06:07.880><c> good</c><00:06:08.360><c> or</c><00:06:08.599><c> can</c>

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can say that this code is good or can
 

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can say that this code is good or can
anyone<00:06:09.400><c> can</c><00:06:09.680><c> say</c><00:06:10.000><c> that</c><00:06:10.240><c> this</c><00:06:11.039><c> code</c><00:06:11.280><c> is</c><00:06:11.479><c> bad</c>

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anyone can say that this code is bad
 

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anyone can say that this code is bad
that<00:06:12.000><c> is</c><00:06:12.160><c> malicious</c><00:06:12.639><c> and</c><00:06:13.280><c> blacklisted</c><00:06:14.280><c> and</c>

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that is malicious and blacklisted and
 

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that is malicious and blacklisted and
this<00:06:14.639><c> is</c><00:06:14.759><c> up</c><00:06:14.919><c> to</c><00:06:15.039><c> the</c><00:06:15.160><c> user</c><00:06:15.800><c> who</c><00:06:15.960><c> to</c><00:06:16.560><c> trust</c><00:06:17.560><c> so</c>

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this is up to the user who to trust so
 

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this is up to the user who to trust so
this<00:06:18.520><c> is</c><00:06:18.759><c> like</c><00:06:19.080><c> the</c><00:06:19.319><c> centralized</c><00:06:20.160><c> trust</c>

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this is like the centralized trust
 

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this is like the centralized trust
non-trust<00:06:21.360><c> Network</c><00:06:21.800><c> in</c><00:06:22.039><c> fact</c><00:06:22.639><c> and</c><00:06:22.800><c> this</c><00:06:22.919><c> is</c>

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non-trust Network in fact and this is
 

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non-trust Network in fact and this is
how<00:06:23.280><c> we</c><00:06:23.400><c> want</c><00:06:23.759><c> to</c><00:06:24.240><c> make</c><00:06:24.400><c> it</c><00:06:24.599><c> possible</c><00:06:24.919><c> to</c><00:06:25.440><c> any</c>

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how we want to make it possible to any
 

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how we want to make it possible to any
developer<00:06:26.759><c> uh</c><00:06:27.039><c> deploy</c><00:06:28.039><c> uh</c><00:06:28.240><c> software</c><00:06:28.840><c> for</c>

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developer uh deploy uh software for
 

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developer uh deploy uh software for
Golem<00:06:29.800><c> what</c><00:06:29.960><c> is</c>

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Golem what is
 

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Golem what is
more<00:06:31.960><c> there</c><00:06:32.080><c> are</c><00:06:32.720><c> very</c><00:06:32.960><c> many</c><00:06:33.319><c> different</c><00:06:34.240><c> uh</c>

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more there are very many different uh
 

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more there are very many different uh
possible<00:06:34.840><c> Integrations</c><00:06:35.599><c> with</c><00:06:35.919><c> many</c>

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possible Integrations with many
 

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possible Integrations with many
different<00:06:36.960><c> reward</c><00:06:37.360><c> schemes</c><00:06:37.800><c> if</c><00:06:37.880><c> you</c><00:06:38.080><c> think</c>

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different reward schemes if you think
 

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different reward schemes if you think
about<00:06:39.160><c> how</c><00:06:40.160><c> um</c><00:06:40.520><c> software</c><00:06:41.080><c> companies</c><00:06:41.759><c> are</c>

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about how um software companies are
 

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about how um software companies are
licensing<00:06:42.880><c> the</c><00:06:43.039><c> software</c><00:06:43.520><c> there</c><00:06:43.759><c> there's</c>

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licensing the software there there's
 

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licensing the software there there's
like<00:06:45.039><c> any</c><00:06:46.039><c> possible</c><00:06:46.680><c> scheme</c><00:06:47.039><c> you</c><00:06:47.160><c> can</c><00:06:47.520><c> imagine</c>

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like any possible scheme you can imagine
 

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like any possible scheme you can imagine
like<00:06:49.240><c> uh</c><00:06:49.560><c> per</c><00:06:50.000><c> user</c><00:06:51.000><c> uh</c><00:06:51.080><c> per</c><00:06:51.319><c> computer</c><00:06:51.960><c> per</c>

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like uh per user uh per computer per
 

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like uh per user uh per computer per
hour<00:06:52.599><c> per</c><00:06:52.800><c> day</c><00:06:53.120><c> per</c><00:06:53.319><c> per</c><00:06:53.639><c> year</c><00:06:54.639><c> anything</c><00:06:54.960><c> is</c>

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hour per day per per year anything is
 

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hour per day per per year anything is
possible<00:06:55.759><c> so</c><00:06:56.639><c> we</c><00:06:57.479><c> are</c><00:06:57.720><c> not</c><00:06:58.039><c> going</c><00:06:59.039><c> to</c><00:06:59.599><c> to</c>

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possible so we are not going to to
 

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possible so we are not going to to
implement<00:07:00.919><c> in</c><00:07:01.080><c> our</c><00:07:01.319><c> transaction</c><00:07:01.840><c> framework</c>

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implement in our transaction framework
 

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implement in our transaction framework
any<00:07:03.199><c> solution</c><00:07:03.919><c> possible</c><00:07:04.599><c> we</c><00:07:04.720><c> will</c><00:07:05.000><c> provide</c><00:07:05.360><c> of</c>

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any solution possible we will provide of
 

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any solution possible we will provide of
course<00:07:05.720><c> for</c><00:07:05.879><c> our</c><00:07:06.240><c> integration</c><00:07:07.240><c> uh</c><00:07:07.800><c> examples</c>

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course for our integration uh examples
 

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course for our integration uh examples
how<00:07:08.720><c> how</c><00:07:08.919><c> that</c><00:07:09.120><c> that</c><00:07:09.240><c> can</c><00:07:09.360><c> be</c><00:07:09.479><c> done</c><00:07:09.759><c> for</c><00:07:10.360><c> every</c>

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how how that that can be done for every
 

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how how that that can be done for every
party<00:07:11.639><c> but</c><00:07:11.919><c> in</c><00:07:12.120><c> fact</c><00:07:12.479><c> we</c><00:07:12.720><c> think</c><00:07:13.039><c> it</c><00:07:13.199><c> should</c><00:07:13.400><c> be</c>

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party but in fact we think it should be
 

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party but in fact we think it should be
possible<00:07:13.919><c> for</c><00:07:14.199><c> developer</c><00:07:14.720><c> to</c><00:07:14.919><c> integrate</c><00:07:15.840><c> any</c>

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possible for developer to integrate any
 

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possible for developer to integrate any
reward<00:07:17.039><c> scheme</c><00:07:17.919><c> which</c><00:07:18.560><c> is</c><00:07:19.560><c> which</c><00:07:19.680><c> is</c>

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reward scheme which is which is
 

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reward scheme which is which is
compatible<00:07:21.160><c> with</c><00:07:21.360><c> some</c><00:07:21.680><c> general</c><00:07:22.120><c> standards</c>

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compatible with some general standards
 

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compatible with some general standards
and<00:07:23.120><c> I</c><00:07:23.199><c> think</c><00:07:23.360><c> those</c><00:07:23.599><c> standards</c><00:07:24.000><c> can</c><00:07:24.199><c> be</c><00:07:25.160><c> uh</c>

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and I think those standards can be uh
 

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and I think those standards can be uh
summar<00:07:26.080><c> summarized</c><00:07:26.720><c> in</c><00:07:26.919><c> in</c><00:07:27.080><c> in</c><00:07:27.240><c> just</c><00:07:27.400><c> saying</c>

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summar summarized in in in just saying
 

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summar summarized in in in just saying
that<00:07:27.919><c> it</c><00:07:28.000><c> should</c><00:07:28.199><c> be</c><00:07:28.400><c> measurable</c><00:07:29.039><c> it</c><00:07:29.120><c> should</c>

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that it should be measurable it should
 

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that it should be measurable it should
be<00:07:29.599><c> for</c><00:07:30.199><c> it</c><00:07:30.360><c> should</c><00:07:30.639><c> not</c><00:07:31.039><c> enable</c><00:07:31.440><c> you</c><00:07:31.599><c> to</c><00:07:31.800><c> do</c>

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be for it should not enable you to do
 

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be for it should not enable you to do
anything<00:07:32.720><c> dangerous</c><00:07:33.240><c> to</c><00:07:33.479><c> to</c><00:07:33.639><c> other</c><00:07:34.120><c> parties</c>

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anything dangerous to to other parties
 

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anything dangerous to to other parties
so<00:07:36.000><c> and</c><00:07:36.240><c> and</c><00:07:36.400><c> of</c><00:07:36.520><c> course</c><00:07:36.800><c> over</c><00:07:37.120><c> time</c><00:07:37.680><c> uh</c><00:07:37.919><c> I</c>

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so and and of course over time uh I
 

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so and and of course over time uh I
think<00:07:38.440><c> that</c><00:07:38.759><c> that</c><00:07:38.960><c> that</c><00:07:39.280><c> the</c><00:07:39.520><c> coming</c>

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think that that that the coming
 

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think that that that the coming
Integrations<00:07:40.520><c> will</c><00:07:40.840><c> create</c><00:07:41.319><c> a</c><00:07:41.639><c> a</c><00:07:41.800><c> kind</c><00:07:42.000><c> of</c><00:07:42.759><c> set</c>

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Integrations will create a a kind of set
 

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Integrations will create a a kind of set
of<00:07:43.319><c> templates</c><00:07:44.280><c> that</c><00:07:44.400><c> will</c><00:07:44.639><c> create</c><00:07:45.080><c> in</c><00:07:45.280><c> in</c><00:07:45.479><c> fact</c>

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of templates that will create in in fact
 

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of templates that will create in in fact
this<00:07:45.960><c> transaction</c><00:07:46.440><c> framework</c><00:07:47.080><c> that</c><00:07:47.280><c> anyone</c>

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this transaction framework that anyone
 

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this transaction framework that anyone
creat<00:07:48.440><c> or</c><00:07:48.919><c> can</c><00:07:49.280><c> use</c><00:07:49.759><c> later</c><00:07:50.639><c> and</c><00:07:50.800><c> in</c><00:07:50.960><c> fact</c><00:07:51.199><c> this</c>

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creat or can use later and in fact this
 

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creat or can use later and in fact this
is<00:07:51.919><c> those</c><00:07:52.159><c> both</c><00:07:52.440><c> concepts</c><00:07:52.960><c> are</c><00:07:53.240><c> are</c><00:07:53.520><c> very</c><00:07:53.759><c> very</c>

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is those both concepts are are very very
 

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is those both concepts are are very very
powerful<00:07:54.639><c> because</c><00:07:55.520><c> this</c><00:07:55.800><c> will</c><00:07:56.159><c> enable</c><00:07:56.680><c> you</c>

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powerful because this will enable you
 

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powerful because this will enable you
not<00:07:57.199><c> only</c><00:07:57.479><c> to</c><00:07:57.639><c> deploy</c><00:07:58.039><c> your</c><00:07:58.759><c> application</c><00:07:59.240><c> on</c>

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not only to deploy your application on
 

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not only to deploy your application on
Golem<00:07:59.840><c> network</c><00:08:00.400><c> but</c><00:08:00.599><c> also</c><00:08:01.560><c> use</c><00:08:02.560><c> other</c><00:08:03.080><c> parties</c>

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Golem network but also use other parties
 

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Golem network but also use other parties
Integrations<00:08:04.599><c> in</c><00:08:04.800><c> your</c><00:08:05.080><c> Integrations</c>

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Integrations in your Integrations
 

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Integrations in your Integrations
following<00:08:06.360><c> their</c><00:08:06.560><c> reward</c><00:08:06.919><c> scheme</c><00:08:07.520><c> so</c><00:08:08.360><c> this</c><00:08:08.800><c> is</c>

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following their reward scheme so this is
 

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following their reward scheme so this is
like<00:08:09.919><c> uh</c><00:08:10.919><c> again</c><00:08:11.680><c> one</c><00:08:12.080><c> more</c><00:08:13.080><c> place</c><00:08:13.520><c> where</c><00:08:13.919><c> all</c>

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like uh again one more place where all
 

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like uh again one more place where all
the<00:08:14.319><c> puzzles</c><00:08:14.800><c> will</c><00:08:15.039><c> meet</c><00:08:15.479><c> together</c><00:08:16.120><c> and</c><00:08:16.520><c> I</c>

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the puzzles will meet together and I
 

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the puzzles will meet together and I
think<00:08:17.039><c> this</c><00:08:17.159><c> is</c><00:08:17.440><c> what</c><00:08:17.599><c> will</c><00:08:17.960><c> make</c><00:08:18.319><c> both</c>

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think this is what will make both
 

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think this is what will make both
ethereum<00:08:19.240><c> and</c><00:08:19.560><c> Golem</c><00:08:20.319><c> trunk</c><00:08:21.319><c> because</c><00:08:21.879><c> as</c><00:08:22.280><c> I</c>

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ethereum and Golem trunk because as I
 

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ethereum and Golem trunk because as I
can<00:08:22.560><c> see</c><00:08:22.800><c> on</c><00:08:23.000><c> this</c><00:08:23.199><c> conference</c><00:08:23.919><c> everything</c><00:08:24.280><c> we</c>

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can see on this conference everything we
 

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can see on this conference everything we
built<00:08:24.759><c> here</c><00:08:25.080><c> is</c><00:08:25.280><c> is</c><00:08:25.440><c> is</c><00:08:25.560><c> built</c><00:08:25.840><c> of</c><00:08:26.280><c> many</c>

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built here is is is built of many
 

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built here is is is built of many
different<00:08:27.199><c> puzzles</c><00:08:28.199><c> um</c><00:08:28.680><c> I</c><00:08:28.759><c> will</c><00:08:28.960><c> update</c><00:08:29.199><c> you</c>

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different puzzles um I will update you
 

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different puzzles um I will update you
that<00:08:29.639><c> we</c><00:08:29.759><c> are</c><00:08:30.240><c> another</c><00:08:30.680><c> company</c><00:08:31.120><c> that</c><00:08:31.319><c> is</c>

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that we are another company that is
 

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that we are another company that is
using<00:08:31.960><c> ipfs</c><00:08:32.560><c> for</c><00:08:32.719><c> example</c><00:08:33.440><c> maybe</c><00:08:33.680><c> not</c><00:08:33.839><c> in</c><00:08:34.000><c> the</c>

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using ipfs for example maybe not in the
 

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using ipfs for example maybe not in the
integration<00:08:34.839><c> which</c><00:08:35.000><c> is</c><00:08:35.279><c> live</c><00:08:35.560><c> at</c><00:08:35.680><c> the</c><00:08:35.800><c> moment</c>

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integration which is live at the moment
 

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integration which is live at the moment
but<00:08:36.320><c> definitely</c><00:08:36.959><c> we</c><00:08:37.120><c> we</c><00:08:37.200><c> are</c><00:08:37.360><c> going</c><00:08:37.640><c> to</c>

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but definitely we we are going to
 

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but definitely we we are going to
integrate<00:08:38.360><c> with</c><00:08:38.839><c> ipfs</c><00:08:39.479><c> quite</c><00:08:39.919><c> soon</c><00:08:40.919><c> uh</c><00:08:41.560><c> and</c><00:08:41.959><c> as</c>

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integrate with ipfs quite soon uh and as
 

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integrate with ipfs quite soon uh and as
as<00:08:42.680><c> as</c><00:08:43.000><c> we</c><00:08:43.440><c> as</c><00:08:43.919><c> as</c><00:08:44.600><c> ethereum</c><00:08:45.040><c> Community</c><00:08:45.519><c> can</c>

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as as we as as ethereum Community can
 

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as as we as as ethereum Community can
benefit<00:08:46.160><c> from</c><00:08:46.399><c> using</c><00:08:46.800><c> each</c><00:08:47.000><c> other</c><00:08:47.959><c> uh</c>

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benefit from using each other uh
 

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benefit from using each other uh
Integrations<00:08:48.800><c> and</c><00:08:48.959><c> solutions</c><00:08:49.440><c> and</c><00:08:49.720><c> software</c>

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Integrations and solutions and software
 

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Integrations and solutions and software
uh<00:08:50.880><c> I</c><00:08:51.000><c> think</c><00:08:51.240><c> the</c><00:08:51.360><c> same</c><00:08:51.600><c> is</c><00:08:51.760><c> true</c><00:08:52.120><c> for</c><00:08:52.399><c> for</c>

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uh I think the same is true for for
 

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uh I think the same is true for for
application<00:08:53.080><c> ring</c><00:08:53.880><c> on</c><00:08:53.959><c> the</c><00:08:54.080><c> Golem</c>

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application ring on the Golem
 

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application ring on the Golem
Network<00:08:55.920><c> H</c><00:08:56.040><c> and</c><00:08:56.200><c> of</c><00:08:56.360><c> course</c><00:08:57.000><c> like</c><00:08:57.240><c> Golem</c><00:08:57.680><c> is</c><00:08:57.839><c> is</c>

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Network H and of course like Golem is is
 

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Network H and of course like Golem is is
not<00:08:58.240><c> for</c><00:08:58.760><c> every</c><00:08:59.040><c> application</c>

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not for every application
 

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not for every application
uh<00:09:00.680><c> at</c><00:09:00.800><c> least</c><00:09:01.000><c> at</c><00:09:01.120><c> the</c><00:09:01.279><c> beginning</c><00:09:01.720><c> it's</c><00:09:01.920><c> for</c><00:09:02.399><c> uh</c>

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uh at least at the beginning it's for uh
 

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uh at least at the beginning it's for uh
heavy<00:09:02.920><c> Computing</c><00:09:03.680><c> mostly</c><00:09:04.680><c> uh</c><00:09:04.839><c> but</c><00:09:05.000><c> I</c><00:09:05.120><c> think</c>

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heavy Computing mostly uh but I think
 

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heavy Computing mostly uh but I think
that<00:09:05.519><c> over</c><00:09:05.839><c> time</c><00:09:06.399><c> we</c><00:09:06.800><c> we</c><00:09:06.880><c> will</c><00:09:07.079><c> make</c><00:09:07.240><c> it</c>

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that over time we we will make it
 

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that over time we we will make it
possible<00:09:07.880><c> to</c><00:09:08.120><c> to</c><00:09:08.279><c> run</c><00:09:08.640><c> more</c><00:09:08.959><c> more</c><00:09:09.160><c> and</c><00:09:09.360><c> more</c>

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possible to to run more more and more
 

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possible to to run more more and more
very<00:09:10.959><c> interesting</c><00:09:11.600><c> things</c><00:09:12.120><c> very</c><00:09:12.760><c> interesting</c>

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very interesting things very interesting
 

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very interesting things very interesting
uh<00:09:14.200><c> Integrations</c><00:09:15.200><c> so</c><00:09:16.040><c> uh</c><00:09:16.440><c> what</c><00:09:16.560><c> is</c><00:09:16.720><c> the</c><00:09:17.399><c> plan</c><00:09:17.839><c> I</c>

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uh Integrations so uh what is the plan I
 

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uh Integrations so uh what is the plan I
I<00:09:18.160><c> I</c><00:09:18.279><c> see</c><00:09:18.760><c> I</c><00:09:18.880><c> have</c><00:09:19.079><c> still</c><00:09:19.320><c> some</c><00:09:19.560><c> time</c><00:09:20.079><c> left</c><00:09:20.360><c> so</c><00:09:20.600><c> I</c>

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I I see I have still some time left so I
 

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I I see I have still some time left so I
will<00:09:20.800><c> tell</c><00:09:21.000><c> you</c><00:09:21.320><c> what</c><00:09:21.480><c> what</c><00:09:21.600><c> we</c><00:09:21.720><c> plan</c><00:09:22.200><c> next</c><00:09:23.200><c> uh</c>

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will tell you what what we plan next uh
 

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will tell you what what we plan next uh
as<00:09:23.560><c> I</c><00:09:23.760><c> said</c><00:09:24.440><c> uh</c><00:09:25.040><c> a</c><00:09:25.200><c> month</c><00:09:25.519><c> ago</c><00:09:25.920><c> we</c><00:09:26.320><c> released</c><00:09:26.800><c> our</c>

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as I said uh a month ago we released our
 

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as I said uh a month ago we released our
first<00:09:27.600><c> Alpha</c><00:09:28.600><c> which</c><00:09:28.880><c> is</c><00:09:29.560><c> working</c><00:09:30.079><c> but</c><00:09:30.240><c> still</c><00:09:30.480><c> a</c>

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first Alpha which is working but still a
 

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first Alpha which is working but still a
lot<00:09:30.800><c> of</c><00:09:31.040><c> work</c><00:09:31.560><c> to</c><00:09:31.720><c> be</c><00:09:31.880><c> done</c><00:09:32.720><c> we</c><00:09:33.160><c> hope</c><00:09:33.480><c> to</c>

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lot of work to be done we hope to
 

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lot of work to be done we hope to
eventually<00:09:34.320><c> the</c><00:09:34.519><c> advance</c><00:09:35.120><c> that</c><00:09:35.440><c> to</c><00:09:35.920><c> release</c>

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eventually the advance that to release
 

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eventually the advance that to release
during<00:09:37.440><c> the</c><00:09:38.399><c> yeah</c><00:09:38.519><c> it</c><00:09:38.640><c> is</c><00:09:38.800><c> hard</c><00:09:39.000><c> to</c><00:09:39.200><c> promise</c>

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during the yeah it is hard to promise
 

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during the yeah it is hard to promise
but<00:09:39.800><c> I</c><00:09:39.959><c> I</c><00:09:40.079><c> hope</c><00:09:40.279><c> this</c><00:09:40.399><c> will</c><00:09:40.600><c> be</c><00:09:41.200><c> not</c><00:09:41.440><c> years</c><00:09:41.880><c> but</c>

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but I I hope this will be not years but
 

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but I I hope this will be not years but
quarters<00:09:42.720><c> rather</c><00:09:43.720><c> uh</c><00:09:43.880><c> maybe</c><00:09:44.279><c> months</c><00:09:45.279><c> uh</c><00:09:45.920><c> and</c>

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quarters rather uh maybe months uh and
 

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quarters rather uh maybe months uh and
this<00:09:46.399><c> will</c><00:09:46.600><c> be</c><00:09:46.880><c> the</c><00:09:47.279><c> the</c><00:09:47.399><c> first</c><00:09:47.760><c> living</c><00:09:48.519><c> uh</c>

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this will be the the first living uh
 

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this will be the the first living uh
Golem<00:09:49.040><c> Network</c><00:09:49.519><c> focused</c><00:09:50.079><c> on</c><00:09:50.600><c> on</c><00:09:50.839><c> on</c><00:09:51.040><c> on</c>

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Golem Network focused on on on on
 

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Golem Network focused on on on on
rendering<00:09:51.920><c> because</c><00:09:52.320><c> we</c><00:09:53.120><c> believe</c><00:09:53.720><c> that</c>

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rendering because we believe that
 

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rendering because we believe that
computer<00:09:54.680><c> graphic</c><00:09:55.240><c> rendering</c><00:09:55.920><c> alone</c><00:09:56.440><c> is</c><00:09:56.680><c> is</c>

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computer graphic rendering alone is is
 

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computer graphic rendering alone is is
is<00:09:57.560><c> like</c><00:09:57.760><c> major</c><00:09:58.160><c> industry</c><00:09:58.800><c> that</c><00:09:58.920><c> is</c><00:09:59.160><c> uh</c>

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is like major industry that is uh
 

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is like major industry that is uh
very<00:10:00.120><c> interesting</c><00:10:00.680><c> use</c><00:10:01.160><c> case</c><00:10:02.160><c> uh</c><00:10:02.560><c> itself</c><00:10:03.560><c> and</c>

00:10:03.710 --> 00:10:03.720 align:start position:0%
very interesting use case uh itself and
 

00:10:03.720 --> 00:10:06.310 align:start position:0%
very interesting use case uh itself and
and<00:10:03.920><c> then</c><00:10:04.079><c> we</c><00:10:04.200><c> will</c><00:10:04.440><c> focus</c><00:10:04.839><c> on</c><00:10:05.200><c> providing</c><00:10:05.880><c> you</c>

00:10:06.310 --> 00:10:06.320 align:start position:0%
and then we will focus on providing you
 

00:10:06.320 --> 00:10:08.750 align:start position:0%
and then we will focus on providing you
that<00:10:06.800><c> developers</c><00:10:07.800><c> uh</c><00:10:07.959><c> with</c><00:10:08.200><c> tools</c><00:10:08.560><c> to</c>

00:10:08.750 --> 00:10:08.760 align:start position:0%
that developers uh with tools to
 

00:10:08.760 --> 00:10:11.710 align:start position:0%
that developers uh with tools to
integrate<00:10:09.320><c> with</c><00:10:09.519><c> with</c><00:10:09.680><c> GM</c><00:10:10.320><c> and</c><00:10:10.519><c> and</c><00:10:10.720><c> deploying</c>

00:10:11.710 --> 00:10:11.720 align:start position:0%
integrate with with GM and and deploying
 

00:10:11.720 --> 00:10:13.590 align:start position:0%
integrate with with GM and and deploying
any<00:10:12.120><c> any</c><00:10:12.360><c> application</c><00:10:12.920><c> that</c><00:10:13.079><c> can</c><00:10:13.360><c> take</c>

00:10:13.590 --> 00:10:13.600 align:start position:0%
any any application that can take
 

00:10:13.600 --> 00:10:17.150 align:start position:0%
any any application that can take
advantage<00:10:14.399><c> uh</c><00:10:14.720><c> of</c><00:10:15.040><c> of</c><00:10:15.240><c> of</c><00:10:15.519><c> of</c><00:10:15.680><c> goem</c><00:10:16.160><c> and</c><00:10:16.399><c> and</c>

00:10:17.150 --> 00:10:17.160 align:start position:0%
advantage uh of of of of goem and and
 

00:10:17.160 --> 00:10:21.069 align:start position:0%
advantage uh of of of of goem and and
ethereum<00:10:18.160><c> as</c><00:10:18.320><c> soon</c><00:10:18.640><c> as</c><00:10:18.959><c> as</c><00:10:19.399><c> possible</c><00:10:20.399><c> so</c><00:10:20.959><c> if</c>

00:10:21.069 --> 00:10:21.079 align:start position:0%
ethereum as soon as as possible so if
 

00:10:21.079 --> 00:10:24.030 align:start position:0%
ethereum as soon as as possible so if
you<00:10:21.200><c> want</c><00:10:21.360><c> to</c><00:10:21.519><c> know</c><00:10:22.120><c> more</c><00:10:22.480><c> about</c><00:10:22.800><c> the</c><00:10:23.480><c> project</c>

00:10:24.030 --> 00:10:24.040 align:start position:0%
you want to know more about the project
 

00:10:24.040 --> 00:10:26.590 align:start position:0%
you want to know more about the project
we<00:10:24.600><c> we</c><00:10:24.760><c> have</c><00:10:25.000><c> our</c><00:10:25.320><c> GitHub</c><00:10:25.800><c> open</c><00:10:26.200><c> that</c><00:10:26.399><c> that</c>

00:10:26.590 --> 00:10:26.600 align:start position:0%
we we have our GitHub open that that
 

00:10:26.600 --> 00:10:28.910 align:start position:0%
we we have our GitHub open that that
that's<00:10:26.800><c> obvious</c><00:10:27.600><c> that's</c><00:10:28.360><c> that's</c><00:10:28.560><c> actually</c>

00:10:28.910 --> 00:10:28.920 align:start position:0%
that's obvious that's that's actually
 

00:10:28.920 --> 00:10:30.150 align:start position:0%
that's obvious that's that's actually
that<00:10:29.079><c> obvious</c><00:10:29.320><c> is</c><00:10:29.480><c> that</c><00:10:29.600><c> I</c><00:10:29.720><c> don't</c><00:10:29.880><c> have</c><00:10:30.040><c> that</c>

00:10:30.150 --> 00:10:30.160 align:start position:0%
that obvious is that I don't have that
 

00:10:30.160 --> 00:10:32.949 align:start position:0%
that obvious is that I don't have that
on<00:10:30.279><c> the</c><00:10:30.640><c> slide</c><00:10:31.640><c> but</c><00:10:31.760><c> you</c><00:10:31.839><c> can</c><00:10:32.040><c> also</c><00:10:32.360><c> visit</c><00:10:32.640><c> our</c>

00:10:32.949 --> 00:10:32.959 align:start position:0%
on the slide but you can also visit our
 

00:10:32.959 --> 00:10:35.629 align:start position:0%
on the slide but you can also visit our
web<00:10:33.200><c> page</c><00:10:33.560><c> our</c><00:10:33.800><c> slack</c><00:10:34.240><c> or</c><00:10:34.560><c> our</c><00:10:34.839><c> blog</c><00:10:35.160><c> where</c><00:10:35.320><c> we</c>

00:10:35.629 --> 00:10:35.639 align:start position:0%
web page our slack or our blog where we
 

00:10:35.639 --> 00:10:37.829 align:start position:0%
web page our slack or our blog where we
update<00:10:36.040><c> on</c><00:10:36.240><c> on</c><00:10:36.360><c> the</c><00:10:36.480><c> progress</c><00:10:36.839><c> of</c><00:10:37.040><c> the</c><00:10:37.279><c> of</c><00:10:37.399><c> the</c>

00:10:37.829 --> 00:10:37.839 align:start position:0%
update on on the progress of the of the
 

00:10:37.839 --> 00:10:41.360 align:start position:0%
update on on the progress of the of the
project<00:10:38.839><c> thank</c><00:10:39.000><c> you</c><00:10:39.160><c> very</c><00:10:39.320><c> much</c>

00:10:41.360 --> 00:10:41.370 align:start position:0%
project thank you very much
 

00:10:41.370 --> 00:10:48.729 align:start position:0%
project thank you very much
[Music]