Principal Engineer, John Wiegley joins Diego Pratts in this episode to reduce the practice of staking ICP to common English. We discuss ICP economics, burning &amp; staking, the importance of governance on the IC and a whole lot more along the way. John Wiegley's community conversation on the subject can be found here:https://www.youtube.com/watch?v=xVNSxFFAYUo

Principal Engineer, John Wiegley joins Diego Pratts in this episode to reduce the practice of staking ICP to common English. We discuss ICP economics, burning &amp; staking, the importance of governance on the IC and a whole lot more along the way. John Wiegley's community conversation on the subject can be found here: <a href="https://www.youtube.com/watch?v=xVNSxFFAYUo" rel="nofollow" target="_blank">https://www.youtube.com/watch?v=xVNSxFFAYUo</a>

Understanding ICP Staking and Neurons in Simple English w/ John & Diego

Concordium is a "compliant by design" open proof of stake blockchain that has achieved fame among Rust developers as a friendly place to develop.Community representative Beni Issembert Joins to discuss the origins and ambitions of the project.

Concordium is a "compliant by design" open proof of stake blockchain that has achieved fame among Rust developers as a friendly place to develop. Community representative Beni Issembert Joins to discuss the origins and ambitions of the project.

The Third Web #18 - Concordium

"Web" can be used as a performance descriptor to represent the expectations of contemporary users. Does the IC achieve this? Where does it hit and where does it miss. In this episode, we explore the nuance of this term and gain a deeper grasp of the Internet Computer as a product.cycledao.xyz

"Web" can be used as a performance descriptor to represent the expectations of contemporary users. Does the IC achieve this? Where does it hit and where does it miss. In this episode, we explore the nuance of this term and gain a deeper grasp of the Internet Computer as a product. cycledao.xyz

What Does it mean to be "Web Speed" with Manu & Diego

The Internet Computer requires a large amount of tooling to support web &amp; enterprise developers.  Austin Fatheree believes that should be developed by the community.  Grants are already active for significant tooling, creating an independent alternative to the DFINITY Developer Grants program.icdevs.orgcycledao.xyz

The Internet Computer requires a large amount of tooling to support web &amp; enterprise developers. Austin Fatheree believes that should be developed by the community. Grants are already active for significant tooling, creating an independent alternative to the DFINITY Developer Grants program. <a href="http://icdevs.org" rel="nofollow" target="_blank">icdevs.org</a> cycledao.xyz

ICDevs & the Drive Toward Community Developed Infrastructure

Andrew and Evan of The Internet Computer Report join to discuss the state of the community, events in New York, and global opportunities for IC-based products.cycledao.xyz

Andrew and Evan of The Internet Computer Report join to discuss the state of the community, events in New York, and global opportunities for IC-based products. cycledao.xyz

Today New York, Tomorrow, the World

From the early days of entrepreneurship to the deep inner workings of the Internet Computer, Matt Grogan discusses his history working with Dominic Williams.  We then deep dive on OpenChat, application design patterns, and the SNS.

OpenChat Deep Dive

Community Manager Moritz Fuller explains his decision to build a Liquity front end on the Internet Computer. From here we discuss the challenges of hosting DeFi products on the IC, upgrading canisters, and the mysterious role of boundary nodes.Waterslide Announcement:https://blog.waterslide.app/waterslide-the-first-defi-frontend-on-dfinitys-internet-computer/cycledao.xyz

Community Manager Moritz Fuller explains his decision to build a Liquity front end on the Internet Computer. From here we discuss the challenges of hosting DeFi products on the IC, upgrading canisters, and the mysterious role of boundary nodes. Waterslide Announcement: https://blog.waterslide.app/waterslide-the-first-defi-frontend-on-dfinitys-internet-computer/ cycledao.xyz

Decentralised Frontends, Upgrading Canisters, & the Mysteries of Boundary Nodes

The Internet Computer native website builder, ICME, is the brainchild of Houman Shadab &amp; Wyatt Benno, a lawyer/no code enthusiast and startup builder respectively. The website builder is the first step on their path to democratise application building on the IC.icme.iocycledao.xyz

The Internet Computer native website builder, ICME, is the brainchild of Houman Shadab &amp; Wyatt Benno, a lawyer/no code enthusiast and startup builder respectively. The website builder is the first step on their path to democratise application building on the IC. <a href="http://icme.io" rel="nofollow" target="_blank">icme.io</a> cycledao.xyz

The No Code Revolution Comes to the IC with ICME

Bob Bodily, Chief Product Officer of Toniq Labs dives deep on NFTs and Toniq Labs' plans to expand their offerings.https://toniqlabs.com/cycledao.xyzhttps://entrepot.app/

Bob Bodily, Chief Product Officer of Toniq Labs dives deep on NFTs and Toniq Labs' plans to expand their offerings. <a href="https://toniqlabs.com/" rel="nofollow" target="_blank">https://toniqlabs.com/</a> cycledao.xyz https://entrepot.app/

Toniq Labs NFT Art Deep Dive

Manu Drijvers drops a knowledge bomb in this session, answering your questions about the inner workings of the IC. cycledao.xyz

Manu Drijvers drops a knowledge bomb in this session, answering your questions about the inner workings of the IC. cycledao.xyz

Knowledge Blast: Inter-Subnet Communication, the DKG, and Chainkey

Great guests, interviews, and podcast in general.

Very informative

This is a great podcast. 
Arthur is so quick witted and seems to instantly grasp technical concepts and asks great questions that help the listner understand as well.
Very entertaining and educational!

Amazing interviews

The Third Web

Curtis Yarvin

Sometimes the urge to layer in-jokes into a podcast title is impossible to resist. . . and then 24hrs later you change it. The effort to understand the significance of type based and functional programming languages led me to the Urbit project. This attempt to re-design the internet is one of a number of technologies that have evolved alongside blockchain and address some of the same problems. The Urbit developer's focus on mechanical perfection is a sensibility worth observing.The first title was in reference to Mike Goldin's tweet about deterministic finite automata:https://twitter.com/voidsnax/status/712044031090540545This from the Urbit website:"We believe controlling your own data, code and identity is the definition of digital freedom. We believe everyone needs digital freedom, not just a few hackers. We believe the only tool needed to solve this problem is a general-purpose server made for human beings.Your urbit is your cryptographic identity, personal archive, application platform, and device hub. It's as easy to manage as an iPhone."Content: Galen Wolfe-Pauly, Curtis Yarvin, Arthur FallsSubscribe on iTunes:  https://itunes.apple.com/us/podcast/the-ether-review/id899090462?mt=2

Sometimes the urge to layer in-jokes into a podcast title is impossible to resist. . . and then 24hrs later you change it. The effort to understand the significance of type based and functional programming languages led me to the Urbit project. This attempt to re-design the internet is one of a number of technologies that have evolved alongside blockchain and address some of the same problems. The Urbit developer's focus on mechanical perfection is a sensibility worth observing. The first title was in reference to Mike Goldin's tweet about deterministic finite automata: <a href="https://twitter.com/voidsnax/status/712044031090540545" rel="nofollow" target="_blank">https://twitter.com/voidsnax/status/712044031090540545</a> This from the Urbit website: "We believe controlling your own data, code and identity is the definition of digital freedom. We believe everyone needs digital freedom, not just a few hackers. We believe the only tool needed to solve this problem is a general-purpose server made for human beings. Your urbit is your cryptographic identity, personal archive, application platform, and device hub. It's as easy to manage as an iPhone." Content: Galen Wolfe-Pauly, Curtis Yarvin, Arthur Falls Subscribe on iTunes: <a href="https://itunes.apple.com/us/podcast/the-ether-review/id899090462?mt=2" rel="nofollow" target="_blank">https://itunes.apple.com/us/podcast/the-ether-review/id899090462?mt=2</a>

The Ether Review #46 - Curtis Yarvin & Galen Wolfe-Pauly on Urbit

This weeks episode features Dan Larimer of Invictus Innovations discussing the shift from Proof Of Work to Delegated Proof Of Stake and the thought process behind the change. We go on to discuss pretty much everything else going on in the development of the bitshares platform. It was a great opportunity to tie up all the loose ends I could think of and Dan was happy to oblige.Then a fellow named Ian with the deepest knowledge of NXT of anyone I've met does pretty much the same thing. We began with Transparent forging and the scope of the interview just widened from there to cover the value of Javascript as a language, some of the frankly astonishing capabilities being developed in the NXT ecosystem and even NEM, a fork of NXT with aspirations of its own!CREDITSMusic provided by Csus. Check them out on Soundcloud.Content provided by Dan Larimer - www.bitshares.org, and Ian - www.nxtcommunity.org.The recording of the Bellbird courtesy of Department of Conservation - http://www.doc.govt.nz.Any questions or comments? Email beyondbitcoinshow@gmail.com.Check out beyondbitcoin.fm for more material and recordings of developer hangouts

This weeks episode features Dan Larimer of Invictus Innovations discussing the shift from Proof Of Work to Delegated Proof Of Stake and the thought process behind the change. We go on to discuss pretty much everything else going on in the development of the bitshares platform. It was a great opportunity to tie up all the loose ends I could think of and Dan was happy to oblige. Then a fellow named Ian with the deepest knowledge of NXT of anyone I've met does pretty much the same thing. We began with Transparent forging and the scope of the interview just widened from there to cover the value of Javascript as a language, some of the frankly astonishing capabilities being developed in the NXT ecosystem and even NEM, a fork of NXT with aspirations of its own! CREDITS Music provided by Csus. Check them out on Soundcloud. Content provided by Dan Larimer - <a href="http://www.bitshares.org" rel="nofollow" target="_blank">www.bitshares.org</a>, and Ian - <a href="http://www.nxtcommunity.org" rel="nofollow" target="_blank">www.nxtcommunity.org</a>. The recording of the Bellbird courtesy of Department of Conservation - <a href="http://www.doc.govt.nz" rel="nofollow" target="_blank">http://www.doc.govt.nz</a>. Any questions or comments? Email beyondbitcoinshow@gmail.com. Check out <a href="http://beyondbitcoin.fm" rel="nofollow" target="_blank">beyondbitcoin.fm</a> for more material and recordings of developer hangouts

Beyond Bitcoin - 5 - Delegates & Forgers

Zooko Wilcox

In BriefZooko Wilcox has more than 20 years of experience in open, decentralized systems, cryptography and information security, and startups. He is recognized for his work on DigiCash, Mojo Nation, ZRTP, “Zooko's Triangle”, Tahoe-LAFS, BLAKE2, and SPHINCS. He is also the Founder and CEO of Least Authority. He sometimes blogs about health science. . In recent years, progress in the area of zero knowledge proofs has made it possible to construct a blockchain whose miners can verify transactions, or state changes, without seeing the information contained in those transactions. Many of the individuals developing these tools have joined Zooko to form the Zcash company. Zcash aims to be a truly anonymous cryptocurrency, but more than just a currency, it is the first step toward managing privacy on public blockchains. Recently, at the Cornell University blockchain hackathon, Zcash team members participated in a successful effort to include an implementation of zero knowledge proofs known as ZKsnarks into an ethereum client running on a test net a monumental achievement in blockchain anonymity. In addition to this, the Zcash team are using the BTCRelay codebase to construct ZRelay, a bridge between the Zcash, Ethereum and Bitcoin blockchains.The final third of this episode is a casual discussion of the culture of the field of cryptography roughly between 1990 and 2000.https://z.cashChain analysis tools:Blockchain.info OTX.melive.ether.campChain analysis services:Elliptic: https://www.elliptic.co/Chain Analysis: https://www.chainalysis.com/A very limited article on the history of cryptography but a conclusion worth skipping to:http://www.inquiriesjournal.com/articles/41/a-brief-history-of-cryptographyThe Cypherpunk FAQ:https://www.cypherpunks.to/faq/cyphernomicron/cyphernomicon.txtWikipedia links:Phil Zimmerman: https://en.wikipedia.org/wiki/Phil_ZimmermannDavid Chaum:https://en.wikipedia.org/wiki/David_ChaumHistory of cryptography: https://en.wikipedia.org/wiki/History_of_cryptography#World_War_II_cryptographyGreat Forbes article on the dismay some mathematicians feel at the dominance of the NSA in their field of employment: http://www.forbes.com/sites/kashmirhill/2014/06/05/mathematicians-urge-colleagues-to-refuse-to-work-for-the-nsa/#2f02244c6c2eContent: Zooko Wilcox, Arthur FallsBe sure to subscribe on iTunes: https://exit.sc/?url=https%3A%2F%2Fitunes.apple.com%2Fus%2Fpodcast%2Fthe-ether-review%2Fid899090462%3Fmt%3D2

In Brief Zooko Wilcox has more than 20 years of experience in open, decentralized systems, cryptography and information security, and startups. He is recognized for his work on DigiCash, Mojo Nation, ZRTP, “Zooko's Triangle”, Tahoe-LAFS, BLAKE2, and SPHINCS. He is also the Founder and CEO of Least Authority. He sometimes blogs about health science. . In recent years, progress in the area of zero knowledge proofs has made it possible to construct a blockchain whose miners can verify transactions, or state changes, without seeing the information contained in those transactions. Many of the individuals developing these tools have joined Zooko to form the Zcash company. Zcash aims to be a truly anonymous cryptocurrency, but more than just a currency, it is the first step toward managing privacy on public blockchains. Recently, at the Cornell University blockchain hackathon, Zcash team members participated in a successful effort to include an implementation of zero knowledge proofs known as ZKsnarks into an ethereum client running on a test net a monumental achievement in blockchain anonymity. In addition to this, the Zcash team are using the BTCRelay codebase to construct ZRelay, a bridge between the Zcash, Ethereum and Bitcoin blockchains. The final third of this episode is a casual discussion of the culture of the field of cryptography roughly between 1990 and 2000. https://z.cash Chain analysis tools: <a href="http://Blockchain.info" rel="nofollow" target="_blank">Blockchain.info</a> <a href="http://OTX.me" rel="nofollow" target="_blank">OTX.me</a> live.ether.camp Chain analysis services: Elliptic: <a href="https://www.elliptic.co/" rel="nofollow" target="_blank">https://www.elliptic.co/</a> Chain Analysis: <a href="https://www.chainalysis.com/" rel="nofollow" target="_blank">https://www.chainalysis.com/</a> A very limited article on the history of cryptography but a conclusion worth skipping to: <a href="http://www.inquiriesjournal.com/articles/41/a-brief-history-of-cryptography" rel="nofollow" target="_blank">http://www.inquiriesjournal.com/articles/41/a-brief-history-of-cryptography</a> The Cypherpunk FAQ: <a href="https://www.cypherpunks.to/faq/cyphernomicron/cyphernomicon.txt" rel="nofollow" target="_blank">https://www.cypherpunks.to/faq/cyphernomicron/cyphernomicon.txt</a> Wikipedia links: Phil Zimmerman: <a href="https://en.wikipedia.org/wiki/Phil_Zimmermann" rel="nofollow" target="_blank">https://en.wikipedia.org/wiki/Phil_Zimmermann</a> David Chaum:<a href="https://en.wikipedia.org/wiki/David_Chaum" rel="nofollow" target="_blank">https://en.wikipedia.org/wiki/David_Chaum</a> History of cryptography: <a href="https://en.wikipedia.org/wiki/History_of_cryptography#World_War_II_cryptography" rel="nofollow" target="_blank">https://en.wikipedia.org/wiki/History_of_cryptography#World_War_II_cryptography</a> Great Forbes article on the dismay some mathematicians feel at the dominance of the NSA in their field of employment: <a href="http://www.forbes.com/sites/kashmirhill/2014/06/05/mathematicians-urge-colleagues-to-refuse-to-work-for-the-nsa/#2f02244c6c2e" rel="nofollow" target="_blank">http://www.forbes.com/sites/kashmirhill/2014/06/05/mathematicians-urge-colleagues-to-refuse-to-work-for-the-nsa/#2f02244c6c2e</a> Content: Zooko Wilcox, Arthur Falls Be sure to subscribe on iTunes: <a href="https://exit.sc/?url=https%3A%2F%2Fitunes.apple.com%2Fus%2Fpodcast%2Fthe-ether-review%2Fid899090462%3Fmt%3D2" rel="nofollow" target="_blank">https://exit.sc/?url=https%3A%2F%2Fitunes.apple.com%2Fus%2Fpodcast%2Fthe-ether-review%2Fid899090462%3Fmt%3D2</a>

The Ether Review #39 - Zooko Wilcox, Zcash and Cryptography in the 1990s

The range of third-web platforms in development today is greater than ever. From data-centric blockchain based approaches to agent-centric designs like Secure Scuttlebut, the potential futures of the third web are rapidly expanding. Today we look at another approach with the Urbit platform. Like Secure Scuttlebutt, Urbit is agent centric. It is a deterministic operating system designed to be the filter between a user and the online services they use. I last covered Urbit in 2016 and the project is now nearing public launch. Galen Wolf-Pauly explains.What is Urbit?A personal ServerA secure computer that you actually ownStores an event log of everything that has ever happened to itThat’s designed to live on any cloud serverBut be controlled by a private key that you actually ownYour Urbit is meant to replace all of the consumer cloud software that you already useHow can it possibly be better than all of the expensive software that has already been created?The basic thesis is that everything we use today runs on top of a unix of some kind.The reason we wound up in this centralised world of cloud-based software is that Unix is too complicated.Because the Unix is complicated, complicated layers between Unix and the application are needed.The Urbit solution is to rip all of that out and create a single, extremely simple, complex system.Urbit is a virtual machine, programming language, and operating system in 30,000 lines of code.For comparison, Wordpress, an application that runs on Unix is 500,000 lines of codeTechnical simplicity should turn into user interface simplicity.Additionally, by hosting your Urbit in the cloud you no longer have a middleman serving you applications, Instead you only need them to host your virtual computer. What does an Urbit future look like?A single platform allows tighter integration of, for example, productivity software like Git &amp; Asana.As a designer, Galen looks forward to interface standardisation, -having messaging, documenting, code collaboration, task management and other consumer software working seamlessly as one system.Rather than interfaces built for many people.Do we need a new back end for a new front end? Hasn’t Wechat done this?Today we use many services that have unified UIsGoogle has both email and documents but do you really trust Google to have total control and visibility into your use of those services?What if Google goes away?Being able to run a server myself that I trust will be around a long time and is secure to me makes me feel alot better. [Platform Risk]Wechat is a really great achievementApps are more like modulesBut you have given total power to a single companyThe decentralised Wechat pitch has gotten tired but Urbit is very much targeting that problem.The future of cloud computing does look like that but makes no compromises in privacy or durability.

The range of third-web platforms in development today is greater than ever. From data-centric blockchain based approaches to agent-centric designs like Secure Scuttlebut, the potential futures of the third web are rapidly expanding. Today we look at another approach with the Urbit platform. Like Secure Scuttlebutt, Urbit is agent centric. It is a deterministic operating system designed to be the filter between a user and the online services they use. I last covered Urbit in 2016 and the project is now nearing public launch. Galen Wolf-Pauly explains. What is Urbit? A personal Server A secure computer that you actually own Stores an event log of everything that has ever happened to it That’s designed to live on any cloud server But be controlled by a private key that you actually own Your Urbit is meant to replace all of the consumer cloud software that you already use How can it possibly be better than all of the expensive software that has already been created? The basic thesis is that everything we use today runs on top of a unix of some kind. The reason we wound up in this centralised world of cloud-based software is that Unix is too complicated. Because the Unix is complicated, complicated layers between Unix and the application are needed. The Urbit solution is to rip all of that out and create a single, extremely simple, complex system. Urbit is a virtual machine, programming language, and operating system in 30,000 lines of code. For comparison, Wordpress, an application that runs on Unix is 500,000 lines of code Technical simplicity should turn into user interface simplicity. Additionally, by hosting your Urbit in the cloud you no longer have a middleman serving you applications, Instead you only need them to host your virtual computer. What does an Urbit future look like? A single platform allows tighter integration of, for example, productivity software like Git &amp; Asana. As a designer, Galen looks forward to interface standardisation, -having messaging, documenting, code collaboration, task management and other consumer software working seamlessly as one system. Rather than interfaces built for many people. Do we need a new back end for a new front end? Hasn’t Wechat done this? Today we use many services that have unified UIs Google has both email and documents but do you really trust Google to have total control and visibility into your use of those services? What if Google goes away? Being able to run a server myself that I trust will be around a long time and is secure to me makes me feel alot better. [Platform Risk] Wechat is a really great achievement Apps are more like modules But you have given total power to a single company The decentralised Wechat pitch has gotten tired but Urbit is very much targeting that problem. The future of cloud computing does look like that but makes no compromises in privacy or durability.

The Third Web #16 - Urbit, Your New Server

Welcome to the Third Web. A podcast about the technologies powering the next generation of human civilisation. I’m your host, Arthur Falls. This podcast is targeted at industry observers looking for a technical examination of issues on the frontier of what has become known as the blockchain space. However, for those less versed in the field, supplementary content will be published in anticipation of each episode. Failing that, I’ll add links in the notes to help along the casual listener.Blockchain technology, and specifically, the idea of a value-transport enabled internet is no longer new. Looking at the recent history of the space, we see a hockey stick of innovation and investment. In 2014, just as the first ICO boom launched,  I began producing my first podcast, Beyond Bitcoin. It explored the explosion of new blockchain platforms and other innovations in the space. As exciting as this technology was, common problems existed across all platforms: scaling to support broad adoption, and providing a service the mainstream market would accept.After speaking with Meher Roy and Tim Swanson about these problems in early 2015, the line of questioning  that inspired me to create Beyond Bitcoin came to an end.  In that final episode, we settled on a view of the future in which a network of blockchains secured by permissioned validators would enable global value transfer. This made more sense than a future based on permissionless blockchain networks and all the challenges that came with them. Then came Ethereum. Infinite functionality paired with an aggressive scaling roadmap reopened the question of what might come next, this time examined in a new podcast, The Ether Review. Two years on, having been immersed in the world of Ethereum, interviewed hundreds of people for podcasts, articles and videos and worked for the largest blockchain centric company in the world - ConsenSys, a disturbing reality has become apparent. We have not moved on from the paradigm of 2014, and the Ethereum scaling roadmap will not provide the performance new use cases need to emerge. In future episodes of The Third Web, we will examine blockchain scaling, and ask the questions:  What are the design trends bringing greater transaction supply to the market? What new business models will this enable? What new services can we expect to see, and what products will be built using those services? What will the Third Web really look like?Meher Roy was a virologist working in the vaccines industry when we first spoke in 2014. Today he is focussed full time on the blockchain space and hosts the excellent Epicenter podcast.Tim Swanson was director of market research at R3 for two years and has recently founded his own research company, Post Oak Labs  Today we’re wrapping up The Ether Review and kicking off The Third Web. Some of the remarks I make in this episode are overstated and under qualified. Please feel free to critique anything views you disagree with in the comments and if there is sufficient intelligent controversy I’ll revisit the subjects in question in subsequent episodes.That was it! The first episode of The Third Web! A big thanks to Breakmaster Cylinder for the tunes. No social, email, or web accounts just yet but you can reach me on twitter @arthurfalls. Of course you should subscribe on itunes or your favorite podcast manager. this feed will probably still be called The Ether Review but it will update in time.http://www.ofnumbers.com https://www.validitylabs.org https://twitter.com/MeherRoy https://twitter.com/ofnumbers https://en.wikipedia.org/wiki/Hawala https://propsproject.com https://soundcloud.com/arthurfalls/beyond-bitcoin-7-trivial-issuance-of-a-useful-asset

Welcome to the Third Web. A podcast about the technologies powering the next generation of human civilisation. I’m your host, Arthur Falls. This podcast is targeted at industry observers looking for a technical examination of issues on the frontier of what has become known as the blockchain space. However, for those less versed in the field, supplementary content will be published in anticipation of each episode. Failing that, I’ll add links in the notes to help along the casual listener. Blockchain technology, and specifically, the idea of a value-transport enabled internet is no longer new. Looking at the recent history of the space, we see a hockey stick of innovation and investment. In 2014, just as the first ICO boom launched, I began producing my first podcast, Beyond Bitcoin. It explored the explosion of new blockchain platforms and other innovations in the space. As exciting as this technology was, common problems existed across all platforms: scaling to support broad adoption, and providing a service the mainstream market would accept. After speaking with Meher Roy and Tim Swanson about these problems in early 2015, the line of questioning that inspired me to create Beyond Bitcoin came to an end. In that final episode, we settled on a view of the future in which a network of blockchains secured by permissioned validators would enable global value transfer. This made more sense than a future based on permissionless blockchain networks and all the challenges that came with them. Then came Ethereum. Infinite functionality paired with an aggressive scaling roadmap reopened the question of what might come next, this time examined in a new podcast, The Ether Review. Two years on, having been immersed in the world of Ethereum, interviewed hundreds of people for podcasts, articles and videos and worked for the largest blockchain centric company in the world - ConsenSys, a disturbing reality has become apparent. We have not moved on from the paradigm of 2014, and the Ethereum scaling roadmap will not provide the performance new use cases need to emerge. In future episodes of The Third Web, we will examine blockchain scaling, and ask the questions: What are the design trends bringing greater transaction supply to the market? What new business models will this enable? What new services can we expect to see, and what products will be built using those services? What will the Third Web really look like? Meher Roy was a virologist working in the vaccines industry when we first spoke in 2014. Today he is focussed full time on the blockchain space and hosts the excellent Epicenter podcast. Tim Swanson was director of market research at R3 for two years and has recently founded his own research company, Post Oak Labs Today we’re wrapping up The Ether Review and kicking off The Third Web. Some of the remarks I make in this episode are overstated and under qualified. Please feel free to critique anything views you disagree with in the comments and if there is sufficient intelligent controversy I’ll revisit the subjects in question in subsequent episodes. That was it! The first episode of The Third Web! A big thanks to Breakmaster Cylinder for the tunes. No social, email, or web accounts just yet but you can reach me on twitter @arthurfalls. Of course you should subscribe on itunes or your favorite podcast manager. this feed will probably still be called The Ether Review but it will update in time. <a href="http://www.ofnumbers.com" rel="nofollow" target="_blank">http://www.ofnumbers.com</a> <a href="https://www.validitylabs.org" rel="nofollow" target="_blank">https://www.validitylabs.org</a> <a href="https://twitter.com/MeherRoy" rel="nofollow" target="_blank">https://twitter.com/MeherRoy</a> <a href="https://twitter.com/ofnumbers" rel="nofollow" target="_blank">https://twitter.com/ofnumbers</a> <a href="https://en.wikipedia.org/wiki/Hawala" rel="nofollow" target="_blank">https://en.wikipedia.org/wiki/Hawala</a> <a href="https://propsproject.com" rel="nofollow" target="_blank">https://propsproject.com</a> <a href="https://soundcloud.com/arthurfalls/beyond-bitcoin-7-trivial-issuance-of-a-useful-asset" rel="nofollow" target="_blank">https://soundcloud.com/arthurfalls/beyond-bitcoin-7-trivial-issuance-of-a-useful-asset</a>

The Third Web #0 - The Ether Review Final Episode

Arthur Brock

Holochain has been a project simminging in the background of the blockchain space for several years now. The promise has been a panaceaic solution to the performance and scalability issues facing decentralised hosting platforms. It’s an oft heard claim, but, as founder Arthur Brock expounds in this interview, by giving up our insistence on global consensus in favor of discoverable and verifiable local state, a world of options is opened to us. This kind of discussion follows from the Secure Scuttlebutt and Urbit episodes. It raises, and offers answers, to questions of data vs agent based ontologies. But most interesting of all, it forces us to reconsider why we wanted to use a blockchain in the first place.Arthur Brock from Denver ColoradoInterested in alternative currencies in 2001Self organising companies are just a form of currency hackingDiscovered what a huge leverage point for change currency isChange the business incentives and all business will reshape towards those incentivesThe Future of Money, Bernard Leotard2003 alternative currency became main gigMetacurrency project 2004Met Harris BrownCurrencies as more than money - symbol systems that we use to coordinate at scaleOut of metacurrency project came Ceptr 2006Interact/transact with anyone else without intermediaryRequired a reinvention of most of the communications stack. Modeling on nature - biomimicryPrototyped for rewrite of computation, communication, commerceTook piece of Ceptr and built Holochain, completed in Go in 2017Bitcoin neither blindsided nor felt like a culmination of workSeemed like a ham handed designQuestionably successfulHas captured a large followingHas not achieved what Arthur Brock wants to achieveNot to dismiss blockchain - if nothing else it has prepared public consciousness and awareness for dealing with these problems.Blockchain has altered the discoursePulled discourse in a crazy directionRecreates unhealthy patterns turbochargedDefinitely need new money but need to do it in a manor that does not amplify volatility and wealth concentrationRecreating old problems won't get us somewhere newCore issue is validation, not consensusEveryone must use the same validation scheme to participate in consensus [validation is more fundamental than consensus]Push for global state is a lazy way of modeling problemsIn reality there is no global state or time. Only relative state and time.Holochain uses an Agent Centric approach rather than a Data Centric approach.Each agent has their own chain for an application, only tracking the agents activity.Genesis block of each chain includes a hash of the source code of the application.Holochain.orgHolo.hostArtbrock.com Ceptr.org Metacurrency.org#webscale#patriciatree

Holochain has been a project simminging in the background of the blockchain space for several years now. The promise has been a panaceaic solution to the performance and scalability issues facing decentralised hosting platforms. It’s an oft heard claim, but, as founder Arthur Brock expounds in this interview, by giving up our insistence on global consensus in favor of discoverable and verifiable local state, a world of options is opened to us. This kind of discussion follows from the Secure Scuttlebutt and Urbit episodes. It raises, and offers answers, to questions of data vs agent based ontologies. But most interesting of all, it forces us to reconsider why we wanted to use a blockchain in the first place. Arthur Brock from Denver Colorado Interested in alternative currencies in 2001 Self organising companies are just a form of currency hacking Discovered what a huge leverage point for change currency is Change the business incentives and all business will reshape towards those incentives The Future of Money, Bernard Leotard 2003 alternative currency became main gig Metacurrency project 2004 Met Harris Brown Currencies as more than money - symbol systems that we use to coordinate at scale Out of metacurrency project came Ceptr 2006 Interact/transact with anyone else without intermediary Required a reinvention of most of the communications stack. Modeling on nature - biomimicry Prototyped for rewrite of computation, communication, commerce Took piece of Ceptr and built Holochain, completed in Go in 2017 Bitcoin neither blindsided nor felt like a culmination of work Seemed like a ham handed design Questionably successful Has captured a large following Has not achieved what Arthur Brock wants to achieve Not to dismiss blockchain - if nothing else it has prepared public consciousness and awareness for dealing with these problems. Blockchain has altered the discourse Pulled discourse in a crazy direction Recreates unhealthy patterns turbocharged Definitely need new money but need to do it in a manor that does not amplify volatility and wealth concentration Recreating old problems won't get us somewhere new Core issue is validation, not consensus Everyone must use the same validation scheme to participate in consensus [validation is more fundamental than consensus] Push for global state is a lazy way of modeling problems In reality there is no global state or time. Only relative state and time. Holochain uses an Agent Centric approach rather than a Data Centric approach. Each agent has their own chain for an application, only tracking the agents activity. Genesis block of each chain includes a hash of the source code of the application. <a href="http://Holochain.org" rel="nofollow" target="_blank">Holochain.org</a> Holo.host <a href="http://Artbrock.com" rel="nofollow" target="_blank">Artbrock.com</a> <a href="http://Ceptr.org" rel="nofollow" target="_blank">Ceptr.org</a> <a href="http://Metacurrency.org" rel="nofollow" target="_blank">Metacurrency.org</a> #webscale #patriciatree

The Third Web #17 - Arthur Brock, Holochain

So the DAO was hacked. Karl Floersch and myself discuss the state of play. What happened? Was it the fault of the DAO developers or a bug in the Solidity language? What does this mean for the ecosystem? How should we respond as a community? What is certain is that this event will drive the maturity of Ethereum forward.Hackingdistributed.com blog.ethereum.org/Understanding The DAO Hack for Journalists - https://goo.gl/JIFgNJKarl.techCredits:Content: Karl Floersch, Arthur Falls

So the DAO was hacked. Karl Floersch and myself discuss the state of play. What happened? Was it the fault of the DAO developers or a bug in the Solidity language? What does this mean for the ecosystem? How should we respond as a community? What is certain is that this event will drive the maturity of Ethereum forward. <a href="http://Hackingdistributed.com" rel="nofollow" target="_blank">Hackingdistributed.com</a> <a href="http://blog.ethereum.org/" rel="nofollow" target="_blank">blog.ethereum.org/</a> Understanding The DAO Hack for Journalists - <a href="https://goo.gl/JIFgNJ" rel="nofollow" target="_blank">https://goo.gl/JIFgNJ</a> Karl.tech Credits: Content: Karl Floersch, Arthur Falls

The Ether Review #31 - Aftermath, Discussing the DAO Hack

Today we hear from Ted Livingston, who founded Kik interactive in 2009 to address the problem of chat between blackberry, android and iPhone. Since then their chat app, Kik, has exploded in popularity, experiencing use by up to 40% of US teenagers.In 2015 Tencent, the builder of Chinese chat giant Wechat, purchased a 5% stake in the company at a Billion dollar valuation. A move that some are saying has anointed Kik as the Wechat of the west. It’s interesting to see the youth focus with One Direction leading their award winning marketing campaign of 2014 .Kik is a somewhat anonymous platform, with it’s own economy in which stickers are traded and users can be charged for access to certain chat rooms.By launching the Kik in-app currency, Kin, as a cryptocurrency, Kik interactive aims to enable the Kik micro-economy to grow independently and organically. The Token launch ended recently with nearly one hundred million USD equivalent raised. No surprises there. What is interesting is that registered contributors numbered over 10,000 and resided in over 100 countries, indicating that the currency is indeed broadly distributed compared to other tokens. Though, my guess is it’s concentrated in the hands of speculators, rather than the 15 million community participants. This episode was recorded over two months ago so it’s interesting to look back from the other side of the Token Launch and see Ted’s claims of broad distribution validated.kin.kik.com consensys.net consensysmedia.net etherreview.info https://itunes.apple.com//podcast/the-ether-review/id899090462?mt=2

Today we hear from Ted Livingston, who founded Kik interactive in 2009 to address the problem of chat between blackberry, android and iPhone. Since then their chat app, Kik, has exploded in popularity, experiencing use by up to 40% of US teenagers. In 2015 Tencent, the builder of Chinese chat giant Wechat, purchased a 5% stake in the company at a Billion dollar valuation. A move that some are saying has anointed Kik as the Wechat of the west. It’s interesting to see the youth focus with One Direction leading their award winning marketing campaign of 2014 . Kik is a somewhat anonymous platform, with it’s own economy in which stickers are traded and users can be charged for access to certain chat rooms. By launching the Kik in-app currency, Kin, as a cryptocurrency, Kik interactive aims to enable the Kik micro-economy to grow independently and organically. The Token launch ended recently with nearly one hundred million USD equivalent raised. No surprises there. What is interesting is that registered contributors numbered over 10,000 and resided in over 100 countries, indicating that the currency is indeed broadly distributed compared to other tokens. Though, my guess is it’s concentrated in the hands of speculators, rather than the 15 million community participants.  This episode was recorded over two months ago so it’s interesting to look back from the other side of the Token Launch and see Ted’s claims of broad distribution validated. <a href="http://kin.kik.com" rel="nofollow" target="_blank">kin.kik.com</a> <a href="http://consensys.net" rel="nofollow" target="_blank">consensys.net</a> <a href="http://consensysmedia.net" rel="nofollow" target="_blank">consensysmedia.net</a> <a href="http://etherreview.info" rel="nofollow" target="_blank">etherreview.info</a> <a href="https://itunes.apple.com//podcast/the-ether-review/id899090462?mt=2" rel="nofollow" target="_blank">https://itunes.apple.com//podcast/the-ether-review/id899090462?mt=2</a>

The Ether Review #73 — Kik, Establishing a Micro-economy

Review Legal

In Brief: A walkthrough of the pressing legal issues in blockchain today. Over the last few months a varying group of legal professionals from New Zealand, Australia, and the USA have been meeting to discuss current events, challenges, and peculiarities in the interaction between blockchain and law. As facilitator I suggested we might record the sessions. This is the first to be published.Attendees:Hannah Glass: Solicitor, King &amp; Wood MallesonsMatt Corva: Law and Business, ConsenSysAlex Sims: Associate Professor, Head of Commercial Law, The University of AucklandLiesl Eichholz: Studying Master of Laws, University of OtagoArthur Falls: Host of The Ether Review, State Change, Director of Media, ConsenSyshttps://itunes.apple.com/podcast/the-ether-review/id899090462?mt=2

In Brief: A walkthrough of the pressing legal issues in blockchain today.  Over the last few months a varying group of legal professionals from New Zealand, Australia, and the USA have been meeting to discuss current events, challenges, and peculiarities in the interaction between blockchain and law. As facilitator I suggested we might record the sessions. This is the first to be published. Attendees: Hannah Glass: Solicitor, King &amp; Wood Mallesons Matt Corva: Law and Business, ConsenSys Alex Sims: Associate Professor, Head of Commercial Law, The University of Auckland Liesl Eichholz: Studying Master of Laws, University of Otago Arthur Falls: Host of The Ether Review, State Change, Director of Media, ConsenSys <a href="https://itunes.apple.com/podcast/the-ether-review/id899090462?mt=2" rel="nofollow" target="_blank">https://itunes.apple.com/podcast/the-ether-review/id899090462?mt=2</a>

Ether Review Legal Discussion #1 — Challenges in Blockchain Law

Joshua Ashley Klayman, co-founded the blockchain and smart contracts working group at the law firm Morrison and Foerster and the WSBA’s Legal Working Group. We caught up in person at a Cafe in Central Park to discuss gender disparity in tech and ICO regulation, a subject of considerable significance right now.Women in blockchain:Social barriers to entry,Counterproductive responses to gender disparity in blockchain,Public displays of bigotry.ICO Regulation:What percentage of ICOs are legal?How do “facts and circumstances” bear on the Howy test?Analyzing the SEC ruling that TheDAO was a securityRegulatory focus on preserving the innovation spaceFear of fraud, scams and terrorist financingMost ICO tokens are securitiesThe utility token misunderstandingThe Swiss foundation model and the challenges of separation of governanceIs it irresponsible for ICOs to be raising $200MM in funding?Thirdweb.net

Joshua Ashley Klayman, co-founded the blockchain and smart contracts working group at the law firm Morrison and Foerster and the WSBA’s Legal Working Group. We caught up in person at a Cafe in Central Park to discuss gender disparity in tech and ICO regulation, a subject of considerable significance right now. Women in blockchain: Social barriers to entry, Counterproductive responses to gender disparity in blockchain, Public displays of bigotry. ICO Regulation: What percentage of ICOs are legal? How do “facts and circumstances” bear on the Howy test? Analyzing the SEC ruling that TheDAO was a security Regulatory focus on preserving the innovation space Fear of fraud, scams and terrorist financing Most ICO tokens are securities The utility token misunderstanding The Swiss foundation model and the challenges of separation of governance Is it irresponsible for ICOs to be raising $200MM in funding? <a href="http://Thirdweb.net" rel="nofollow" target="_blank">Thirdweb.net</a>

The Third Web #1 - Re - Examining The Legality Of ICOs

Martin Lundfall

What is the Ethereum Virtual Machine, what design trends and decisions influence its operation and what does that mean for Ethereum the platform?Today we dive deep. There is a debate around whether the flexibility of the imperative paradigm of programming language design or the verifiability of the functional paradigm are more appropriate for the Ethereum Virtual Machine. Martin is in the functional camp which he believes can make Ethereum a more robust and powerful platform. The EVM itself is often overlooked as a black box, but is one of a tripartite of technologies including the consensus mechanism and the distributed ledger, whose design is interdependent. Exploring the relationship between these components is an interesting way to gain a deeper understanding of everyone's favourite world computer.	Content: Martin Lundfall, Arthur FallsSubscribe on iTunes:https://itunes.apple.com/us/podcast/the-ether-review/id899090462?mt=2

What is the Ethereum Virtual Machine, what design trends and decisions influence its operation and what does that mean for Ethereum the platform? Today we dive deep. There is a debate around whether the flexibility of the imperative paradigm of programming language design or the verifiability of the functional paradigm are more appropriate for the Ethereum Virtual Machine. Martin is in the functional camp which he believes can make Ethereum a more robust and powerful platform. The EVM itself is often overlooked as a black box, but is one of a tripartite of technologies including the consensus mechanism and the distributed ledger, whose design is interdependent. Exploring the relationship between these components is an interesting way to gain a deeper understanding of everyone's favourite world computer. 	 Content: Martin Lundfall, Arthur Falls Subscribe on iTunes: <a href="https://itunes.apple.com/us/podcast/the-ether-review/id899090462?mt=2" rel="nofollow" target="_blank">https://itunes.apple.com/us/podcast/the-ether-review/id899090462?mt=2</a>

The Ether Review #41 - Martin Lundfall, Rage Against the Machine

In today’s discussion we look at the legality of raising money through token launches, the potential risks involved, and approaches to improving the safety of these new bearer assets. We also examine the term ICO in depth and find that terminology, while relevant is second to the nature of the offer and state of the project involved. Following the discussion is an interview With Peter Van Valkenburg recorded at Devcon2, applying the Howey test to The DAO. weekinethereum.com etherreview.info https://itunes.apple.com/podcast/the-ether-review/id899090462?mt=2

In today’s discussion we look at the legality of raising money through token launches, the potential risks involved, and approaches to improving the safety of these new bearer assets. We also examine the term ICO in depth and find that terminology, while relevant is second to the nature of the offer and state of the project involved. Following the discussion is an interview With Peter Van Valkenburg recorded at Devcon2, applying the Howey test to The DAO.  <a href="http://weekinethereum.com" rel="nofollow" target="_blank">weekinethereum.com</a> <a href="http://etherreview.info" rel="nofollow" target="_blank">etherreview.info</a> <a href="https://itunes.apple.com/podcast/the-ether-review/id899090462?mt=2" rel="nofollow" target="_blank">https://itunes.apple.com/podcast/the-ether-review/id899090462?mt=2</a>

Ether Review Legal Discussion #2 The Legality of Raising Money Using Tokens

Julian Zawistowski, of Project Golem explains the distributed computing platform he and his team at Imapp are producing. The first alpha, Brass Golem will be released in weeks. The Imapp organisation itself is an interesting organization worth having a look at.Before we get to Golem however, Wall Street veteran Caitlin Long explains what blockchain can offer to financial institutions, regulators, and the Wall St as a whole. https://caitlin-long.com/ http://golemproject.net/ http://imapp.pl/en/index https://twitter.com/caitlinflong https://twitter.com/julianofimapp https://twitter.com/arthurfallsContent: Caitlin Long, Julian Zawistowski, Arthur Falls

Julian Zawistowski, of Project Golem explains the distributed computing platform he and his team at Imapp are producing. The first alpha, Brass Golem will be released in weeks. The Imapp organisation itself is an interesting organization worth having a look at. Before we get to Golem however, Wall Street veteran Caitlin Long explains what blockchain can offer to financial institutions, regulators, and the Wall St as a whole. <a href="https://caitlin-long.com/" rel="nofollow" target="_blank">https://caitlin-long.com/</a> <a href="http://golemproject.net/" rel="nofollow" target="_blank">http://golemproject.net/</a> <a href="http://imapp.pl/en/index" rel="nofollow" target="_blank">http://imapp.pl/en/index</a> <a href="https://twitter.com/caitlinflong" rel="nofollow" target="_blank">https://twitter.com/caitlinflong</a> <a href="https://twitter.com/julianofimapp" rel="nofollow" target="_blank">https://twitter.com/julianofimapp</a> <a href="https://twitter.com/arthurfalls" rel="nofollow" target="_blank">https://twitter.com/arthurfalls</a> Content: Caitlin Long, Julian Zawistowski, Arthur Falls

The Ether Review # 33 - Blockchain on Wall St & CPU Cycles for Rent

Today we’re, focusing on higher level deployments of the counterparty protocol. Joel Dietz joins me again with Ben Ingram. Also with us Is Jeremy Lam of Vennd We look at XBTC, bringing Altcoins onto the counterparty exchange, customer and employee rewards, carbon credits and Swarm's voting system.

Beyond Bitcoin - 8 - Crowdsales, Carbon & Asset Machines

Adan Krellenstein, Counterparty co-founder and developer discusses OP_RETURN, proof of burn, other distribution methods, asset issuance, improvements to Bitcoin and the importance of the first mover advantage. Adam's great to talk to and in light of the increasingly important role that Counterparty is assuming in the user designated asset space, he's one of the guys on the pulse. Pity this interview is two months old. Still, an appropriately concise overview of the protocol that everyone is talking about.

Beyond Bitcoin - 7 - Trivial Issuance Of A Useful Asset

Juan Benet and Jesse Clayburgh of Protocol Labs, and Ryan Zurrer of Polychain Capital, discuss the Simple Agreement for Future Tokens (SAFT). Inspired by Y Combinator’s “Simple Agreement for Future Equity”, the SAFT standardizes the legal framework surrounding token issuance and governs the nature of the transactions involved (i.e. the deployment of capital and distribution of tokens).The complex legal environment surrounding tokens, especially in the US, has led many entrepreneurs to choose to leave Silicon Valley because they can develop the technology better elsewhere. Those who remain in the US have had to compromise on the optimization of their models in order to comply with legacy regulatory frameworks. Recognising these limitations, and seeking to mature the ecosystem beyond such models, several interested parties (including Protocol Labs, AngelList and CoinCenter) have worked together to create standard legal agreements for this novel asset class.Essentially, a SAFT represents a promise for future tokens at a fixed price. The agreement can be structured so that investors receive these tokens when the network launches, or with inbuilt vesting to incentivise continued support by investors.The development of the SAFT model involved consultations with the foremost legal experts at the intersection of cryptocurrencies, securities law and regulatory compliance. By simplifying token issuance and the requisite compliance concerns, it provides an essential bridging of the gap between current technological progress and future regulation.protocol.ai twitter.com/protocollabs twitter.com/juanbenet twitter.com/jesseclayburghpolychain.capitalangel.co/polychain-capital twitter.com/ryanzurrer consensys.net consensysmedia.net etherreview.info https://itunes.apple.com//podcast/the-ether-review/id899090462?mt=2

Juan Benet and Jesse Clayburgh of Protocol Labs, and Ryan Zurrer of Polychain Capital, discuss the Simple Agreement for Future Tokens (SAFT). Inspired by Y Combinator’s “Simple Agreement for Future Equity”, the SAFT standardizes the legal framework surrounding token issuance and governs the nature of the transactions involved (i.e. the deployment of capital and distribution of tokens). The complex legal environment surrounding tokens, especially in the US, has led many entrepreneurs to choose to leave Silicon Valley because they can develop the technology better elsewhere. Those who remain in the US have had to compromise on the optimization of their models in order to comply with legacy regulatory frameworks. Recognising these limitations, and seeking to mature the ecosystem beyond such models, several interested parties (including Protocol Labs, AngelList and CoinCenter) have worked together to create standard legal agreements for this novel asset class. Essentially, a SAFT represents a promise for future tokens at a fixed price. The agreement can be structured so that investors receive these tokens when the network launches, or with inbuilt vesting to incentivise continued support by investors. The development of the SAFT model involved consultations with the foremost legal experts at the intersection of cryptocurrencies, securities law and regulatory compliance. By simplifying token issuance and the requisite compliance concerns, it provides an essential bridging of the gap between current technological progress and future regulation. <a href="http://protocol.ai" rel="nofollow" target="_blank">protocol.ai</a> <a href="http://twitter.com/protocollabs" rel="nofollow" target="_blank">twitter.com/protocollabs</a> <a href="http://twitter.com/juanbenet" rel="nofollow" target="_blank">twitter.com/juanbenet</a> <a href="http://twitter.com/jesseclayburgh" rel="nofollow" target="_blank">twitter.com/jesseclayburgh</a> polychain.capital <a href="http://angel.co/polychain-capital" rel="nofollow" target="_blank">angel.co/polychain-capital</a> <a href="http://twitter.com/ryanzurrer" rel="nofollow" target="_blank">twitter.com/ryanzurrer</a> <a href="http://consensys.net" rel="nofollow" target="_blank">consensys.net</a> <a href="http://consensysmedia.net" rel="nofollow" target="_blank">consensysmedia.net</a> <a href="http://etherreview.info" rel="nofollow" target="_blank">etherreview.info</a> <a href="https://itunes.apple.com//podcast/the-ether-review/id899090462?mt=2" rel="nofollow" target="_blank">https://itunes.apple.com//podcast/the-ether-review/id899090462?mt=2</a>

Ether Review Legal #3 - The Simple Agreement for Future Tokens

Xander Dunn and Richard Craib discuss Numerai, a new kind of hedge fund built by a network of data scientists.The Numerai platform crowdsources machine learning by releasing encrypted data sets to data scientists, incentivising them to develop machine learning algorithms to analyse the data. Scientists then bid their predictions to the hedge fund by staking funds, and are paid returns in Numeraire, the platform’s native cryptocurrency, for correct predictions.By abstracting its financial data to be only machine-readable, Numerai ensures that human biases and overfitting are overcome, and that short-term and long-term returns are equally weighted.With the ultimate goal of “owning all of the money in the world”, the Numerai hedge fund has high hopes for the future.numer.ai etherreview.info twitter.com/xanderai twitter.com/richardcraib https://itunes.apple.com//podcast/the-ether-review/id899090462?mt=2

Xander Dunn and Richard Craib discuss Numerai, a new kind of hedge fund built by a network of data scientists. The Numerai platform crowdsources machine learning by releasing encrypted data sets to data scientists, incentivising them to develop machine learning algorithms to analyse the data. Scientists then bid their predictions to the hedge fund by staking funds, and are paid returns in Numeraire, the platform’s native cryptocurrency, for correct predictions. By abstracting its financial data to be only machine-readable, Numerai ensures that human biases and overfitting are overcome, and that short-term and long-term returns are equally weighted. With the ultimate goal of “owning all of the money in the world”, the Numerai hedge fund has high hopes for the future. <a href="http://numer.ai" rel="nofollow" target="_blank">numer.ai</a> <a href="http://etherreview.info" rel="nofollow" target="_blank">etherreview.info</a> <a href="http://twitter.com/xanderai" rel="nofollow" target="_blank">twitter.com/xanderai</a> <a href="http://twitter.com/richardcraib" rel="nofollow" target="_blank">twitter.com/richardcraib</a> <a href="https://itunes.apple.com//podcast/the-ether-review/id899090462?mt=2" rel="nofollow" target="_blank">https://itunes.apple.com//podcast/the-ether-review/id899090462?mt=2</a>

The Ether Review #68 - Numerai, The Last Hedge Fund

David Bailey

David Bailey, CEO of BTC Media, discusses the recent shutdown of BTC-e and its mysterious connection to the MtGox hack which led to the exchange’s demise in 2014. He also introduces Po.et, a revolutionary proof-of-existence blockchain platform.The arrest of Alexander Vinnik and seizure of the BTC-e website by the FBI in late July shed some long-awaited light on the cold case of the 650,000 bitcoins which went missing from MtGox over several years from 2011 to 2013. Upon his arrest, WizSec released a comprehensive report detailing their findings on the matter, and stating that “Vinnik is [their] chief suspect for involvement in the MtGox theft (or the laundering of the proceeds thereof).”Bailey also talks about BTC Media’s partnership with Po.et, whose proof-of-existence mechanism uses hashing to allow media producers to timestamp and license their content in an unalterable system which will verify and automatically issue digital ownership. Po.et combines this timestamp with metadata about the published content to build an open ledger of media assets which includes information such as the original URL, the word count, the author’s name and the publisher.Po.et also enables split-equity and payments terms for writers whose work is published by BTC Media, as well as different licensing agreements. Other use cases include the re-monetization of old content and individual profile management systems for employees of media outlets.The Po.et platform will ultimately build a digital fingerprint of each author’s history and preserve their portfolio on a blockchain, revolutionizing the way in which digital content is published, leveraged and monetized.twitter.com/davidfbailey btcmedia.org twitter.com/_poetproject po.et consensys.net consensysmedia.net etherreview.info https://itunes.apple.com//podcast/the-ether-review/id899090462?mt=2Read more about the developing timeline of the MtGox and BTC-e connection (medium.com/@liesleichholz/mtgox-btc-e-and-the-missing-coins-a-living-timeline-of-the-greatest-cyber-crime-ever-f94fbb1eb42)&amp; the lasting regulatory legacy of the hack (https://etherreview.info/mtgoxs-lasting-regulatory-legacy-a21960867600)

David Bailey, CEO of BTC Media, discusses the recent shutdown of BTC-e and its mysterious connection to the MtGox hack which led to the exchange’s demise in 2014. He also introduces <a href="http://Po.et" rel="nofollow" target="_blank">Po.et</a>, a revolutionary proof-of-existence blockchain platform. The arrest of Alexander Vinnik and seizure of the BTC-e website by the FBI in late July shed some long-awaited light on the cold case of the 650,000 bitcoins which went missing from MtGox over several years from 2011 to 2013. Upon his arrest, WizSec released a comprehensive report detailing their findings on the matter, and stating that “Vinnik is [their] chief suspect for involvement in the MtGox theft (or the laundering of the proceeds thereof).” Bailey also talks about BTC Media’s partnership with <a href="http://Po.et" rel="nofollow" target="_blank">Po.et</a>, whose proof-of-existence mechanism uses hashing to allow media producers to timestamp and license their content in an unalterable system which will verify and automatically issue digital ownership. <a href="http://Po.et" rel="nofollow" target="_blank">Po.et</a> combines this timestamp with metadata about the published content to build an open ledger of media assets which includes information such as the original URL, the word count, the author’s name and the publisher. <a href="http://Po.et" rel="nofollow" target="_blank">Po.et</a> also enables split-equity and payments terms for writers whose work is published by BTC Media, as well as different licensing agreements. Other use cases include the re-monetization of old content and individual profile management systems for employees of media outlets. The <a href="http://Po.et" rel="nofollow" target="_blank">Po.et</a> platform will ultimately build a digital fingerprint of each author’s history and preserve their portfolio on a blockchain, revolutionizing the way in which digital content is published, leveraged and monetized. <a href="http://twitter.com/davidfbailey" rel="nofollow" target="_blank">twitter.com/davidfbailey</a> <a href="http://btcmedia.org" rel="nofollow" target="_blank">btcmedia.org</a> <a href="http://twitter.com/_poetproject" rel="nofollow" target="_blank">twitter.com/_poetproject</a> <a href="http://po.et" rel="nofollow" target="_blank">po.et</a> <a href="http://consensys.net" rel="nofollow" target="_blank">consensys.net</a> <a href="http://consensysmedia.net" rel="nofollow" target="_blank">consensysmedia.net</a> <a href="http://etherreview.info" rel="nofollow" target="_blank">etherreview.info</a> <a href="https://itunes.apple.com//podcast/the-ether-review/id899090462?mt=2" rel="nofollow" target="_blank">https://itunes.apple.com//podcast/the-ether-review/id899090462?mt=2</a> Read more about the developing timeline of the MtGox and BTC-e connection (<a href="http://medium.com/@liesleichholz/mtgox-btc-e-and-the-missing-coins-a-living-timeline-of-the-greatest-cyber-crime-ever-f94fbb1eb42" rel="nofollow" target="_blank">medium.com/@liesleichholz/mtgox-btc-e-and-the-missing-coins-a-living-timeline-of-the-greatest-cyber-crime-ever-f94fbb1eb42</a>) &amp; the lasting regulatory legacy of the hack (<a href="https://etherreview.info/mtgoxs-lasting-regulatory-legacy-a21960867600" rel="nofollow" target="_blank">https://etherreview.info/mtgoxs-lasting-regulatory-legacy-a21960867600</a>)

Ether Review #71 - David Bailey on Po.et & the MtGox/BTC-e Connection

Erik Voorhees

What?! Another Erik Voorhees podcast?!!!In this, the sixty seventh episode of The Ether Review, we set out to understand Prism, Shapeshift’s new non-custodial synthetic asset built on the Ethereum network. In reviewing this episode I feel I was unsuccessful in achieving this. However, the peripheral conversation about Erik’s view of the space is extremely enlightening, especially writ large in his positioning of Shapeshift. The Bitcoin scaling debate, the future of digital assets, the financial world’s response — it’s all here. Some of this interview was geared to fit Shapeshift’s messaging, not something you’ll hear on TER very often. None the less, it’s fun to hear such an astute thinker and communicator knock  some soft ball questions out of the park.etherreview.info shapeshift.io https://twitter.com/ErikVoorhees http://www.weekinethereum.com/ itunes.apple.com/podcast/the-ether-review/id899090462?mt=2 Letstalkbitcoin.com thebitcoinpodcast.com

What?! Another Erik Voorhees podcast?!!! In this, the sixty seventh episode of The Ether Review, we set out to understand Prism, Shapeshift’s new non-custodial synthetic asset built on the Ethereum network. In reviewing this episode I feel I was unsuccessful in achieving this. However, the peripheral conversation about Erik’s view of the space is extremely enlightening, especially writ large in his positioning of Shapeshift. The Bitcoin scaling debate, the future of digital assets, the financial world’s response — it’s all here. Some of this interview was geared to fit Shapeshift’s messaging, not something you’ll hear on TER very often. None the less, it’s fun to hear such an astute thinker and communicator knock some soft ball questions out of the park. <a href="http://etherreview.info" rel="nofollow" target="_blank">etherreview.info</a> <a href="http://shapeshift.io" rel="nofollow" target="_blank">shapeshift.io</a> <a href="https://twitter.com/ErikVoorhees" rel="nofollow" target="_blank">https://twitter.com/ErikVoorhees</a> <a href="http://www.weekinethereum.com/" rel="nofollow" target="_blank">http://www.weekinethereum.com/</a> <a href="http://itunes.apple.com/podcast/the-ether-review/id899090462?mt=2" rel="nofollow" target="_blank">itunes.apple.com/podcast/the-ether-review/id899090462?mt=2</a> <a href="http://Letstalkbitcoin.com" rel="nofollow" target="_blank">Letstalkbitcoin.com</a> <a href="http://thebitcoinpodcast.com" rel="nofollow" target="_blank">thebitcoinpodcast.com</a>

The Ether Review #67 — Celebrating Erik Voorhees Week with Erik Voorhees!

In Brief: Melon is a protocol and asset management software suite  for setting up and managing portfolios containing cryptocurrencies. It achieves this through the use of the Polkadot blockchain network.Raison D’etre:Polkadot, designed by Gavin Wood, is like an internet of blockchains. It is the communication protocol that Melon needed to manage digital assets across multiple blockchains. Right now there is no safe way to give the ability to secure and manage digital assets to another entity. Evidenced by the ongoing occurrence of hacks on digital asset exchanges - $70M in the Bitfinex hack alone. There is also no sure way to determine the performance of portfolio managers in the digital asset space. Melon solves these problems:by allowing portfolio owners to maintain control of the digital assets contained therein, while allowing a manager to adjust the exposure to each asset.By tracking the performance of individual asset managers using the provability, provable history of the Polkadot protocol.What factors have converged to create a need for Melon?There is already a wealth of valuable digital assets emerging as a result of the development of blockchain. The digitization of securities like Overstock equity represent yet another new class of digital asset. To fully take advantage of the correlation properties, fluidity, programmability, and low counterparty and custodian risk these assets have to offer, infrastructure is needed to allow traditional financial roles to exist in the digital world.Content: Mona Elisa, Reto Trinkler, Arthur Fallshttp://www.melonport.com/http://polkadot.network/https://twitter.com/perham83 https://twitter.com/reto_trinklerSubscribe on iTunes:https://exit.sc/?url=https%3A%2F%2Fitunes.apple.com%2Fus%2Fpodcast%2Fthe-ether-review%2Fid899090462%3Fmt%3D2

In Brief: Melon is a protocol and asset management software suite for setting up and managing portfolios containing cryptocurrencies. It achieves this through the use of the Polkadot blockchain network. Raison D’etre: Polkadot, designed by Gavin Wood, is like an internet of blockchains. It is the communication protocol that Melon needed to manage digital assets across multiple blockchains.  Right now there is no safe way to give the ability to secure and manage digital assets to another entity. Evidenced by the ongoing occurrence of hacks on digital asset exchanges - $70M in the Bitfinex hack alone. There is also no sure way to determine the performance of portfolio managers in the digital asset space. Melon solves these problems: by allowing portfolio owners to maintain control of the digital assets contained therein, while allowing a manager to adjust the exposure to each asset. By tracking the performance of individual asset managers using the provability, provable history of the Polkadot protocol. What factors have converged to create a need for Melon? There is already a wealth of valuable digital assets emerging as a result of the development of blockchain. The digitization of securities like Overstock equity represent yet another new class of digital asset. To fully take advantage of the correlation properties, fluidity, programmability, and low counterparty and custodian risk these assets have to offer, infrastructure is needed to allow traditional financial roles to exist in the digital world. Content: Mona Elisa, Reto Trinkler, Arthur Falls <a href="http://www.melonport.com/" rel="nofollow" target="_blank">http://www.melonport.com/</a> http://polkadot.network/ <a href="https://twitter.com/perham83" rel="nofollow" target="_blank">https://twitter.com/perham83</a> <a href="https://twitter.com/reto_trinkler" rel="nofollow" target="_blank">https://twitter.com/reto_trinkler</a> Subscribe on iTunes: <a href="https://exit.sc/?url=https%3A%2F%2Fitunes.apple.com%2Fus%2Fpodcast%2Fthe-ether-review%2Fid899090462%3Fmt%3D2" rel="nofollow" target="_blank">https://exit.sc/?url=https%3A%2F%2Fitunes.apple.com%2Fus%2Fpodcast%2Fthe-ether-review%2Fid899090462%3Fmt%3D2</a>

The Ether Review <5:00 - Polkadot & Melonport

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