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The Evmos thing was also.

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Welcome to Game of Nodes, a weekly podcast from independent

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Validator teams.

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Hello and welcome to Game of Nodes, a weekly podcast from

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independent Validator teams. And it's a day of highs, it's a day

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of lows, as you've just been hearing. It's a day of pages

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going off constantly for the last three hours every minute. I'm

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going to move that out of my eye line. So it's not going to stop

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going off long story. So until it stops, I guess, I mean,

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sod's law will get into a flow of an actual topic on this podcast

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for the first time ever. And then I will actually have

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something that needs action and pretty much immediately and

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with quite a bit of urgency. But hold on, does this mean you are

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an especially good Validator or an especially bad Validator?

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Because if it were me, I would just hit silence and be like,

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all right, moving on. But you don't, you just let it keep

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going. That's the sign of ascendance.

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Well, because, okay, so here's the thing, right? What if in

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between all those other, so that there is a system down, but

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it's expected to be down. So that's kind of fine. I would be

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more concerned if I want to know, it just went off again, I

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just want to know that it is still down every minute, because

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otherwise something else has gone wrong. And then we're out of

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planned thing in into unplanned thing. And then it's time to

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worry. Additionally, yeah, I suppose if I get if there's more

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than one buzz, it means that something else has gone wrong.

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So just because you've got one notification going crazy. And for

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reasons you haven't muted it, I mean, obviously, you can go and

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resolve it and pay your duty. That would not be the right thing

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to do in this case. For reasons, I don't want to like miss the

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fact that a different validator is down. That would be super

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annoying. And also to be fair, this is like this was our second

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although this one is planned, this is our second outage this

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week, actually, because we had 45 minutes on the June upgrade

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the other day. Because the new version of the SDK does

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actually validate whether or not there's a Genesis file after an

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upgrade, which it always should have done, but it never I think

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actually in practice did in the past. So we actually the box

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we're currently using obviously remote signer. So it's, it's an

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XRPC that was flipped over it didn't actually have a Genesis

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file anywhere on the box. So that upgrade happened. It like

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stuck. And I was thinking, I'm pretty sure this should have

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been quite a quick upgrade. And yet it's still down. Let's check

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the logs. Hmm, that's what is an error actually. That's a bit of

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a weird and honestly, this is the this is the danger of being on

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being on duty when it's when it's you and you've had for small

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people reasons, not as much sleep as was previously the norm in

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your life. Although to be fair, it's been getting a lot better

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recently. More on that, whether or not it does improve or not.

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I'll report back. I always thought that the daemons would at

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least check the Genesis file was there. The fact that you didn't

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have a Genesis file like existing, that just blows my

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mind. I had no idea. Yeah, well, I genuinely I like obviously

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I was aware that there is like, there is a checker, but it

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doesn't run or it didn't run previously. So I was just like,

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you know, whatever, especially I've been quite fast and loose

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with decommissioning old hardware and shuffling stuff

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around, especially things like RPCs. So it took me longer than

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I'd like to admit, about 10 minutes to go, hang on, this is

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just the Genesis file is actually not present, isn't it?

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That's that's what it is. It's not the Genesis files wrong.

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Because I was there like, you know, which one's the correct

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one, you know, for the for the for Phoenix to let's compare the

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show, blah, blah, blah, blah, blah, blah. And then I was like,

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hang on, you're being stupid. It's probably not there. Just

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just download the new one. And it's relatively big. Just

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download it, overwrite the old one, and then restart the thing

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just stop trying to actually let's assume this is the problem

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just knock on the head. And yeah. But yeah, I like, like in

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kind of classic, you know, when you're when you're kind of like

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rubber ducking a problem, and you're like, hang on a minute, I

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went and posted on Discord like, hang on a second, I think I

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don't have a Genesis file as somebody was like, you can't even

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start the node if you've not got a chance as far as like,

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Hello, buddy. I don't know who you are. And you're probably

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right. You're probably right in that that should be how it

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works. But let me tell you, we've been running production for a

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long time, playing very fast and loose with these boxes. And I

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can tell you that's not how it currently works.

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Well, so now things you wonder, because there's a case where you

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have to like do a full database reset, an unsafe reset all to

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like reset the Genesis. So when does that become a situation?

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And because that that that just popped up today with a network

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upgrade, where someone or no, a network start, where someone had

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to do an unsafe reset all because their Genesis wasn't being

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read correctly. And they had a snapshot.

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Was their Genesis not being read correctly? Because the JSON

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was malformed? Because that just sounds because all it does is

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just generate default Genesis release. That's what it used to

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do.

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They used the old Genesis, it was a fork. So they used the old

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Genesis, and they didn't update it with a new one, or they did

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replace it, but they didn't do an unsafe reset. So they deleted

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the database, they didn't do unsafe reset, and then they

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tried to go on. And then it still had the old Genesis,

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somehow in memory. So I think I'm not sure unsafe reset does

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unsafe reset. Actually, no, no, I think about it does unsafe

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reset will definitely reset the Genesis file. Because I know it

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resets the state. It doesn't it doesn't reset the Genesis file.

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I don't think it changes the genesis. I don't think it reads

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it either. I don't think it does anything with it. Well, it

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didn't in previous versions. I think that's the point. Yeah, I

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think it does now. As long as you because as I guess my

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understanding is it doesn't read it on startup. So on a previous

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version, as long as you're past block one, and not as an upgrade

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block, it would just restart the service. And if everything was

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okay, your state was okay, your cash was okay, nothing was

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corrupted, it should just run. However, I think SDK 47, it

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always checks it on startup. Maybe it doesn't check. I'd be

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interested to know what kind of checks it does because previously,

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I think, in some way, various checks would take a very long

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time, wouldn't it? Although to be fair, not anymore because of

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that fix that you know paid paid the bounty for. But even then

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some of the other invariant checks on quick.

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So I think like, previously, like some some things you did, it

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would read the Genesis. But other things like it, you only

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had to have the right network name in there for things to work.

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And now I guess it's doing some kind of more in depth thing.

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Because people without the Genesis, it won't work. But I

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don't know what it might be like, there's really no information

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you need from there. And it doesn't relate to like the, so say

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if you're starting from a snapshot or state sync, like all of

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the account information does not really relate to anything

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anymore. Because that's from, you know, an initial state, which

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in the form of the database you're receiving is non relatable.

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It's all gone information. So yeah, I don't know. I guess maybe

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it still only works if you've just got the the right network

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name in there. Don't know. Because a lot of times like we

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would literally all it did was pass the J cell, it went, is the

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network name right? Okay, I mean,

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match what we've what the databases were pulling. Okay,

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that would be very very cosmos. Let's check it's that let's

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check network name and then the rest of it will take some

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time. So let's let's

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know how how would they check like, you know, the unless

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there's some something that gets passed through with in the in

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the database, the initial database, that's like, yeah, this

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is, I don't know. For example, like, it's got to be this length

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or whatever. But like the unless they're now injecting

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something into the database on startup, that actually you

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could check. Oh, no, you fucking can't because it's you can't

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check anything because it's all gone. It's the data is gone

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from your if you're if you're just taking then you're just

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taking it. I know you couldn't replay the TX's. So yeah, you

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fuck. Yeah. But that would take some way of ensuring the

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integrity of each individual of each individual bundle of

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transactions, such that moving forward, you could

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make sure that it can contain a complete history of every

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other bundle of transactions going back to the Genesis file.

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Something like a public ledger might be able to solve that.

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Yeah, it sounds like the job of a validator.

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That would be interesting. Okay, so anyway, that's why every

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minute my my phone is going off. So shall we go on to the

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news?

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If you don't put the banner up and I all again, I don't have

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any news but anyway, all I've got a handful of things I can

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throw in for you. I do have some stuff to talk about. It's not

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really news. Can you take the fucking news banner off? It's

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more it's more talking points. I don't like the news banner.

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It's distracting. Don't take it off. I like it. It makes you

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want to keep it up my phone.

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I like it. It makes you want to keep it up more. But like for

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those at home, fucking send a petition or something. This is

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annoying.

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Well, okay, I mean, I can throw in something to begin with.

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Right.

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Look, I'll put in the beginning stuff. And then when I run out

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of shit to talk about, you can start talking about stuff.

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All right. That's how it works now.

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So all right. So well, in in Game of Nodes news, we have

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started a a Dell. We're now a Dell, Dell, Dell. Oh, it's

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official now. Well, we've got one. Nobody sent me a link.

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What you have a link. It's literally in the group chat.

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Oh, my God.

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Four days ago or something, buddy.

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Aren't you part of the Dell?

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This is why there's no shitpost public griefing proposals

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from Schultz yet clearly incoming. But that we do actually

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this is we do now have a forum to vote on whether or not the

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banner should stay. It will be publicly auditable.

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Okay, I will get that voted immediately. All right.

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So what the Dow is for is we have no fucking clue. But

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initially, I guess it's we intend to like seed the Dow a

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little bit of mula, a little bit of cash ish in the form of

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probably shit coins or something. And then what's our

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initial mandate here? So we're going to be sponsoring some

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stuff. We're going to be fucking marketing. We're going to be

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sponsoring some ship. We're going to be paying for some shit.

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We're going to be chatting some shit on the basis of those

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activities. It's going to be a whole new world. Yeah, it's

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lots of shit is going to go down in the Dow. So yeah, I mean,

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if you're interested, you can go and see what we vote about.

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We'll put a link to the Dow in the show notes. If you want to

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make a sizable donation, go right ahead as an anonymous

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person. Yeah, okay. Anyway, so that's the Dow. That's the

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Dow business out of the way. In the actual Cosmos news, a

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couple of interesting things happened yesterday and last

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night, depending on what your time zone is. So a small a

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small issue that I wanted to bring up was jakes here. What

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is that fucking picture for the folks at home? Jake's

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Hartnell's picture in YouTube is some cyberpunk Jake thing

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going on. Looks pretty cool. Okay, so we have more. So there

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was an issue last night, Schilti. You'd be familiar with

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this one as well, where there was a bug from Go that made a

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bunch of nodes halt because of the time zone. No, no, no, no,

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no, no. It's not from Go. I don't think it's from Go, but

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it is time zone related. If people had their server on the

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wrong time zone, wrong time zone. If they didn't have it

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set as UTC, that's the issue. It wasn't Go related at all.

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Okay. So the so I saw someone put up a pull request to

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change a line in some code. Was that not in Go? I thought it

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was. I mean, okay. Yeah. So technically, like the fix was

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written in Go, but it wasn't due to like the Go versioning or

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anything. It had to do with the way they're saving time, which

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is what halted Chihuahua God in the early days. Same exact

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thing where rather than using like the built in time, they

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were just spattering things out there. So is this something and

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like, to be honest, I think most of us sort of aim to have

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our servers in UTC because it makes a whole lot more sense

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when you have all of your servers in the same time zone

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when you dial them up. But I mean, easily overlooked, I

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guess that's going into my Ansible now to make sure that

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everything's set in UTC when doing the initial hardening on

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the server. But I mean, it's there was a lot of nodes that

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went down. So I guess it's common that people don't do that.

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So is that do you think like, is that something that

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networks should be making sure that their code is resilient

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to that? Like that it's yeah, without a doubt. One zone. Yeah.

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I mean, the fact that they're not is just outrageous, really.

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Yeah. So it should be. It should come from the network to

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make sure that things like that don't happen. You shouldn't

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be looking it up on the host. It should be completely host

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independent. And but the correct answer to what time zone

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should your servers be is UTC. The only two valid times then

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so UTC and UGT. So what's UGT? Yeah, I don't know that one.

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Universal greetings time. GMT. No, it's like a I feel like it's

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a very old IRC or computer programmer thing potentially.

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But you always say good morning when you join a channel

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regardless of what the time is because the time is always UGT.

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Right. In fact, probably why the crypto GM thing is a thing. It's

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probably like back in history, it's probably from programmers

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coming from IRC who just say morning whatever time zone

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you're in. It's like quite quite common from threads and

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things I've been in historically. That's what UGT.

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Is that different from UTC or what the hell?

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Well, it's always morning. It doesn't matter what time zone you're in.

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So it's like UTC. It's always morning wherever you are.

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It's like it's always it's five o'clock somewhere.

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So it's like late night here right now, but I would sign on. I'd be like morning.

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It's just UGT, right? So it's kind of an inflexible standard in some ways compared to UTC.

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But universal good morning time. Universal greetings, I believe.

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But it could also be that. But presumably that's also where the GM GM thing comes from.

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In any case, everybody should operate on UTC regardless when they're talking to people on

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the internet. And oh my god, the amount of people who just quote times in

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Eastern Standard Time or whatever the other one is in America is so annoying.

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They're like, there's only two time zones in the world, Eastern or Western.

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No, there's a whole nother world. So UTC, everybody please.

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All right. So the other issue that I wanted to bring up. Oh yeah. So Neutron.

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This is interesting. Two tombstones on Neutron, which are for people at home who don't know.

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Neutron is an interchain security chain that's attached to Adam.

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And so basically all of the Adam validators run these consumer chains as well.

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And they're tied to the main validator that have back on Adam. So yesterday or last night,

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was this due to an upgrade or something? Shiltsy, do you know?

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I don't think so. I don't think there's any upgrade. I think it was just something happened.

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Okay. So something happened. Not being an Adam validator. I really, I'm not 100% sure of the

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details here and or how ICS works. But there's been two tombstones on Neutron chain. I won't

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say who they are. And the question mark now is how does that relate to and what happens to their

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Adam validator? So that's all I've got in that item of news, although it's a big item. So.

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Well, so it doesn't relate to the cosmos really. Right now, tombstone cannot affect your main

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validator. In order to incur slashing, like they didn't get slashed. In order to incur

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slashing, they'll need to be a vote to slash the validators who tombstone. So right now,

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much like a cosh, tombstone means nothing, which is, in my opinion, what should be the

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way we do it anyway. However, they are off the hook. What do you mean they're off the hook?

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You mean because they're not being slashed? No, because now they don't have to validate on Neutron,

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they're tombstone. Oh, is that true? If you want to save money as an aftertall,

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you know, I mean, look, I'm not technical advice, just in case we've got our facts a little bit

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muddled here before people go losing their delegators funds. So James research.

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No, they are still like, look, I got to confess, I really know very little about ICS,

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other than that, you know, it seems like horrible thing for validators financially. But

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I don't know what that means 100% James is that they're they tombstone, the tombstone validators

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are not offline still active. I don't how. Okay, thanks, Frey. The phrase just popped up the

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circle stakes line. Okay, in other news. So this is getting back to just crypto in general. So

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PayPal stablecoin. So going through the Twitter, or the X, the Zitter during the week, one of the

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prominent subjects was that PayPal are going to be launching a stablecoin. I'm not sure if it's

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rumors or a done deal. But I mean, people are pretty excited about that. In general, for crypto.

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So I guess the potential here is is that PayPal is obviously a big platform, they have 200,

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400 odd million active accounts, 1.2 trillion in volume a year. So I guess people are excited

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that this is a bit of an entry gateway into crypto, whether or not like the whole crypto side

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of this stablecoin would be sort of abstracted away. So they wouldn't really know is anyone's

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guess at this point. But I mean, you know, PayPal does 70% of eBay transactions as well. So

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I mean, there's a lot of potential that that coin is going to get a lot of use, whether or not that

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use sort of is paired back to an entry point into blockchain. You know, that remains to be seen.

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Apparently, they intend to work close with regulators. So yeah, but later on in the week,

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saw some additional information just about people sort of analyzing that situation. And apparently,

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the stablecoin contracts which are floating around relating to this PayPal stablecoin are written in

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a relatively old version of solidity, which people weren't impressed with. I think it's

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susceptible to certain types of attacks. But also, there were aspects to that contract where funds

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can be frozen and then wiped, which people didn't enjoy either. And I guess that's the centralized

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nature of this type of coin. And I guess that's also to enable working with regulators. Any comments,

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guys? Been very quiet. Is that any different than how USDC works? I mean, it doesn't wipe people,

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but it can surely blacklist them, right? So there's a two step process in this PayPal stablecoin.

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Step one, freeze the account. Step two, send a message to wipe frozen account. So you have to

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freeze it first and then you can just clear it. So that's my understanding anyway.

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What does it mean to freeze and clear it? Because if they're not custodians,

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then how are they doing that? Do they have an internal ledger of what the actual PayPal is?

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Sorry, I didn't understand the question. How would they wipe the account?

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How would they wipe the account? Right? So I guess it's a message which just burns all the coins.

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Yeah, you just change the account balance to zero, don't you? But the point is that PayPal,

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if they do that to you and you're an American citizen, you go to the SEC and they go to real

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jail or they don't, they go to white college. They probably go to white college out. They play tennis

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for a few years. No big deal. But the reality is... So the SEC won't say boys will be boys? No?

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I don't know. It feels like they're not particularly in a boys will be boys kind of mood at the moment.

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And PayPal are really, really... I mean, they have officers. You could walk into their officers with

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people with badges quite easily. So it kind of seems like if they started wiping customers'

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accounts, they'd probably... I mean, are they? Okay, so I'm going to show my ignorance of PayPal's

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business model here. But I'm guessing they're not regulated as a bank already. They're regulated

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as a money service business or whatever the US equivalent is. So my assumption is they are already

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a regulated entity with some controls, but probably not the same controls as a bank.

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I believe that's correct. I'm not 100% certain. Yeah. So yeah, I'm not really sure. I mean,

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obviously, if you get rugged... I mean, the thing I think the biggest risk rather than getting

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rugged by PayPal is probably that PayPal put out shit code. That would be my worry from what you

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just said there. Although you've read the code, haven't really been following it. Not that bothered

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about Ethereum as a general rule other than high level news stuff. Although this is to be fair,

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big news. I mean, I did... I guess I saw it, but didn't care that much, if I'm completely honest,

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because I'm not going to use this fucking shit coin. But it would be a worry if the code is in

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some way bad and then PayPal get rugged at a big scale, because then PayPal might go under and then

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you won't be made whole and then you're fucked. And they're also presumably not banks. So the funds

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aren't safe. So it's kind of back to the thing of like, actually, you'd be safer off with a really,

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really unsafe, decentralized shit coin rather than a centralized shit coin. Because it's not

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backed by anything, really, because PayPal presumably... Do they have... Are they backing it one to one

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with US dollars? What's their mechanism? I can't imagine why they wouldn't. I assume that this...

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Do they have money to do that? I mean, PayPal has deep pockets, but they haven't got central bank

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deep pockets. They've just got a few fucking dollars from ground use buying, crocheting...

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They collect dollars, as they issue the token, right? So if they launch a stable coin to get the

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stable coin, presumably you have to buy it or swap some fiat for it. So I would imagine that they are

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required to hold one to one every dollar that you have in your PayPal account already as a

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custody service of fiat in a bank somewhere or at least as like a cash equivalent or something like

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that. Did the contract have a variable supply them so they could buy out the dollars and then

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issue more? The supply can be just varied because it's got an admin on the account and you can just

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inflate it as they want, but that's no different to like USDT or USDC or anything like that.

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But as they make more issue, they presumably collect money and then issue stable coins.

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So I imagine it would work exactly the same way. They've probably seen the amount of profit that

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Ted had made last year and gone, okay, we need to get in on that. So...

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Is anyone in the right mind? The fact that the EU hasn't issued the ground like Central stable

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coin to me is just kind of wild. What was that comment? These comments are jumping up and down

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so quick. I was looking for Todd's one, but I clicked the wrong button. So Sawye2Studio said

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for those at home, they can mint infinite amounts. So that kind of answers the question.

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And friend of the poddy Blockpain said there's absolutely no chance. I added the word absolutely,

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sorry Todd. No chance they're one to one. They lend that money out just like a real bank.

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So it's kind of back to the... So my concern here would be that a business like this be incredible.

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And I think actually to Shorzie's point, which I think he was going to say something around the

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fact there isn't any EU, Euro stable coin is a bit of a missed opportunity, is that you want

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more than one back, just like you issue a currency, right? If you go to Hong Kong and you get like

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Hong Kong dollars, you get them from the bank that you get them from and they all have slightly

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different... I don't know if this is the case, but it was like 15 years ago when I was there,

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that depending on which ATM you got the notes out, they would be different because different banks

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issued them. Really? Yeah. Yeah. Because it's just... Yeah. Because it's just Hong Kong dollars.

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They're issued by the banks that are there, but it's not like it's just a principality or whatever.

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So I think the conceptual framework has already existed for a lot of places where the banks

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issue the money. I think that's actually fucking true in Scotland, you know? Because there's no

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such thing as legal tender in Scotland. They're Scottish pounds, but they are different to British

362
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pounds. What? No. Yeah. So Scottish pounds different to British pounds. British shops are not obliged

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to take Scottish pounds. So shops in the rest of England, Wales, Northern Ireland, not obliged to

364
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take Scottish pounds. It's the discretion of the shop owner. And from memory, the Scottish notes

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in addition are also printed up by bank. So different banks, I think they all have agreed to use the

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same design. But yeah, they should... But anyway, the reason I bring this up and please in the comments,

367
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fact check me on the whole Scotland thing. It's been a little while since that.

368
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I'm going to just a little bit since I'm reading about it right now. So technically, the pound

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sterling is their legal tender. But yeah, they just issue their own notes. And those notes can be

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used throughout Scotland, but they're basically not used anywhere outside of Scotland. There you go.

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What? Well, I mean, that's the way that money first came about. Anyways, banks would just issue

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bank notes. It's literally a piece of paper that says we'll pay the money on the note.

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Again, recommendation from the Gamer Notes Book Club, debt by David Graber, if you're interested

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in the history of development of money and debt relations. But so anyway, the thing is that all

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of these kind of these currencies where the banks themselves issue the currency, they do actually

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obviously have a central government or an authority kind of controlling the overall supply. They have

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some kind of backing, if you like. But then it's actually issued by a number of institutions. So

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no one institution is a single point of failure. It's almost like it's kind of... It's like the

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opposite of centralization where you have a variety of different things like nodes in a network so

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that one shouldn't be able to bring down the others. I know it doesn't work like that in practice. I

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was there in 2008. I feel like I've never had this sick before. Yeah, doing an economics degree in

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2008, that's a good time to do an ECOD degree. They're like, by the way, you're going to be

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examined on all of this even though look out the fucking window, 20 years of theory is literally

384
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burning right now. Anyway, the point is that I think that there's a model there where if you

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have these kind of stable coins at the moment, you have all these individual people issuing them

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like USDT, USDC, now USDP, USDPP, I don't know, whatever, PP PayPal, USDPP. You're welcome, PayPal,

387
00:30:09,400 --> 00:30:11,960
you can have that one for free. I won't even charge you the consultancy fee.

388
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But it seems like they all are very brittle on their own, decentralized, all the worst

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aspects of centralization. So it kind of makes more sense if they, even if they don't want to

390
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fucking get the US government involved, whatever, I don't really give a shit, I'm not American.

391
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But if they actually like maybe fucking pooled their liquidity or something or collaborated in

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some or they could even build a protocol to collaborate and then do it in code and then

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it could be auditable by other people if they really wanted to actually get involved in the

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crypto circle, direct property rather than just standing by the side, watching it and just being

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like, do I get jacked off yet? That's kind of what they're doing right now. They're just standing

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by the side going, that's kind of hot. God, I don't know where my fucking metaphor is going

397
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today. Sorry about that. This podcast should not be listened to by under whatever the age

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consent is, whatever in your country. Anyway, I'm out of steam. I don't think I wrote, I don't think

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I put my stamp of approval on that statement. We need to vote on that in the Dell. Yeah, send it

400
00:31:20,040 --> 00:31:28,920
up now. Which bit was a lot there? Should you consent to listening to the podcast? Do we have to

401
00:31:28,920 --> 00:31:35,080
individually vet listeners? It's permissionless podcast, let's be honest. We believe in permissionless

402
00:31:35,080 --> 00:31:46,680
decentralized systems. This podcast is no different. So, Soitsu Studio had a stab at me here. In other

403
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news, Null's time as a profitable Flix validator is over, Wichie Blames on AirDrops. So I made a

404
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tweet yesterday. I should have learnt my lesson by now just to not make tweets. So I was just

405
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looking through MintScan and a couple of things and I noticed there's like an IBC in IBC out graph

406
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in MintScan. And you could see the OmniFlex one, like as they did the airdrop, like all of these

407
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IBC outs and it's just like a steady stream of IBC out now to Osmosis. And look, I don't really like

408
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airdrops that much. And so I just sort of pointed out that basically everyone and I don't know,

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people are just sort of saying that this is Flix only problem, but I don't really agree with that.

410
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It seems to me 90% of the time when there's an airdrop that people just basically sell it now.

411
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It's like in the deep of a bear, no one's really enthusiastic about anything. If there's any

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opportunity for a bit of a cash grab, then people just sell it. And I mean, it's sort of like,

413
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I don't know the full mechanisms of this, like where that money actually comes from,

414
00:32:59,960 --> 00:33:06,600
like who are those LPs at the moment in Osmosis, but it seems like it's selling it out of someone's

415
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pocket. Anyway, the Flix token has not done well since it started. So, so he's just pointing out

416
00:33:16,280 --> 00:33:25,160
we're like number six validator in OmniFlex. And yeah, our total value lock to our validator is

417
00:33:25,160 --> 00:33:34,840
definitely under 50 grand now. And we're not too far from the top in terms of state token. So

418
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I think CosmoVisor is up the top there, but their total stake must be something like maybe

419
00:33:41,400 --> 00:33:47,240
60 grand or something like that if I'm doing ratios real quick in my head. So I would say

420
00:33:47,240 --> 00:33:54,440
basically no validator is profitable on OmniFlex right now. So thanks, Soy2 Studio.

421
00:33:55,640 --> 00:33:59,080
So OmniFlex is now like every other Cosmos chain to validate on them.

422
00:33:59,080 --> 00:34:11,960
The market cap must be really small at the moment. So there was an interesting thing

423
00:34:11,960 --> 00:34:17,960
that someone put up on Twitter during the week where the bad kids on Stargaze are obviously

424
00:34:18,520 --> 00:34:26,120
keep going up in value. And someone said, what if, it might have even been Poker 2 in turn,

425
00:34:26,120 --> 00:34:33,960
what if the market cap of bad kids exceeds the market cap of the chain, which is pretty funny.

426
00:34:33,960 --> 00:34:43,400
It's like bad kids, you know, based on the floor price would cost you $5 million to buy.

427
00:34:44,360 --> 00:34:51,560
And I think the chain's market cap is like $13 million or something like that, $13 million.

428
00:34:51,560 --> 00:34:58,280
I pointed out that it can't exceed it in real terms because once you start,

429
00:34:58,920 --> 00:35:04,360
you can only sell the value of the chain because there's only tokens that have a value right,

430
00:35:04,360 --> 00:35:08,600
whilst it might appear on paper to be worth more, it is not worth more.

431
00:35:08,600 --> 00:35:15,400
Well, could you wait for mesh security and then sell your founder amount of bad kids that are

432
00:35:15,400 --> 00:35:24,360
presumably squared away on a ledger somewhere to get your fat bag of meshy tokeny boys and then buy

433
00:35:24,360 --> 00:35:30,520
out your host chain in a hostile takeover? Because that would be some like, that would be some fucking

434
00:35:31,240 --> 00:35:36,280
closing 10 minutes of the big short level fucking stuff that would, that would be some

435
00:35:36,280 --> 00:35:39,960
real margin cool, cool shit, you know, like you said.

436
00:35:39,960 --> 00:35:46,120
Can you explain to me what a meshy boy is? A meshy boy, what is that?

437
00:35:46,120 --> 00:35:49,320
Mesh security. Yeah. Classic.

438
00:35:49,320 --> 00:35:53,000
What is the meshy boy though? Like, is that a commodity or something?

439
00:35:53,000 --> 00:35:54,520
I think it's a joke.

440
00:35:54,520 --> 00:35:57,240
Just, you know, like a chunky boy, but like a meshy boy.

441
00:35:58,280 --> 00:36:03,800
I mean, I don't quite understand. I haven't watched the video on mesh yet. So I don't,

442
00:36:03,800 --> 00:36:09,320
what happens there? Can you, like, is there some sort of mesh security token that you're talking

443
00:36:09,320 --> 00:36:15,960
about or? Well, like if you're transferring the bad kids off, what are you talking about?

444
00:36:15,960 --> 00:36:21,400
Mesh security, I suppose you're more about, more about the IBC piece becoming more,

445
00:36:22,600 --> 00:36:26,520
what I'm really saying, I suppose is I'm just going mesh because I'm being fucking lazy.

446
00:36:26,520 --> 00:36:31,960
But what I really, really mean is like, in a world where you can circle stake fucking tokens

447
00:36:31,960 --> 00:36:36,600
from one chain to another or whatever, and you can IBC, you can do like the IBC routes and stuff

448
00:36:36,600 --> 00:36:42,200
and jump tokens around more easily, you know, it's going to be more common to use and it has

449
00:36:42,200 --> 00:36:47,000
already become this way and it's a fucking great for taxes. We won't go into it, but it's fucking

450
00:36:47,000 --> 00:36:54,600
great for taxes to have random other coins given to your validator on random other chains as commission,

451
00:36:54,600 --> 00:37:00,440
absolutely fucking stellar to just get like one fucking shit coin from some random chain on your

452
00:37:00,440 --> 00:37:06,840
Juno validator. But like you want to be fucking coming in and start complaining about random

453
00:37:06,840 --> 00:37:11,960
fucking coins? Well, sure, right? Yeah, 100%. But like, this is like the world that is coming

454
00:37:11,960 --> 00:37:16,440
in the cosmos, like it's not hard to see that you'd be that far that it's coming in the future.

455
00:37:16,440 --> 00:37:20,440
And that you will be able to, because the whole point of a lot of these systems is basically

456
00:37:20,440 --> 00:37:27,320
pooling liquidity across sovereign outchains, right? So although I'm kind of just hand waving the

457
00:37:27,320 --> 00:37:33,720
exact mechanism, you can see a future if we're talking about like meme future where bad kids

458
00:37:33,720 --> 00:37:38,600
have actually exceeded the market cap of a chain of their host chain, in this case, Stargaze.

459
00:37:39,160 --> 00:37:42,840
You can see that on that kind of timescale, which is probably two to three years,

460
00:37:42,840 --> 00:37:48,040
like you would have a lot of the affordances of mesh security and all likelihood and the

461
00:37:48,040 --> 00:37:53,560
additional developments in IBC. And it's not impossible to imagine a world in which you could

462
00:37:53,560 --> 00:37:58,920
basically be selling those bad kids, despite them living on Stargaze for a grab bag of other tokens.

463
00:37:58,920 --> 00:38:04,280
This moth has really decided like my fucking right eyeball, it keeps flying to my right eye.

464
00:38:04,280 --> 00:38:08,280
It's mad. It's going to die at some point because it will just hit my eye and then get stuck.

465
00:38:08,280 --> 00:38:11,880
And then we're both going to be in pain. For those who are listening to the podcast,

466
00:38:11,880 --> 00:38:16,040
there has been a moth just sort of floating around the phrasehead.

467
00:38:16,920 --> 00:38:20,760
That's really disconcerting. Can I throw in a piece of news before you continue?

468
00:38:20,760 --> 00:38:24,440
Yeah, I'm done with the news. I've got a lot of things to add.

469
00:38:24,440 --> 00:38:33,720
So an important bit of news if you are based in the UK, and I didn't even realize this until recently.

470
00:38:36,280 --> 00:38:42,360
Very heavy up front. Kavya, I'm not a lawyer. Please seek legal advice, professional legal

471
00:38:42,360 --> 00:38:49,400
advice from a non-haha, from a non-shit legal representative to actually understand crypto.

472
00:38:49,400 --> 00:38:54,680
So if you think this does apply to you, but the law is changing for crypto asset businesses

473
00:38:54,680 --> 00:38:57,480
and registration with the Financial Conduct Authority, the FCA,

474
00:38:58,600 --> 00:39:04,200
is actually already technically changing. And you have until, I think October the third

475
00:39:04,840 --> 00:39:08,760
to go and fucking fill out the paperwork if this does affect you.

476
00:39:09,320 --> 00:39:15,080
And you've got to pay 10,000 pounds to register. So obviously that's part of it.

477
00:39:15,080 --> 00:39:18,600
But then once you've done that, Boyz will be Boyz is my understanding.

478
00:39:18,600 --> 00:39:21,080
Wait, what's the mark? What are you getting out of it?

479
00:39:21,720 --> 00:39:24,520
You don't get to prison for two years and have your business seized.

480
00:39:25,560 --> 00:39:29,640
Oh, nice. So Boyz will no longer be Boyz in the UK.

481
00:39:29,640 --> 00:39:35,400
Boyz will not be Boyz unless they are regulated Boyz. But it only applies to the,

482
00:39:35,400 --> 00:39:40,520
my understanding of this, only applies to the marketing of sale of crypto assets.

483
00:39:40,520 --> 00:39:45,880
So if you are shilling a shitcoin on TikTok, you now need to register with the FCA

484
00:39:45,880 --> 00:39:51,880
by the third of October. It doesn't affect non-fungible tokens.

485
00:39:53,000 --> 00:40:00,840
So if you market fucking big balls blockchain coin, that you have to go register.

486
00:40:00,840 --> 00:40:06,520
But if you market, what's that Apline, the board APO club, you don't have to register?

487
00:40:07,640 --> 00:40:11,080
They're unique items. You just have to pay your fucking VAT, man.

488
00:40:11,080 --> 00:40:17,080
Okay. Like fucking Dal and Rodney, no income tax, no VAT.

489
00:40:17,880 --> 00:40:21,800
Well, anyway, you could sell shoes on the street, right? It's the same thing.

490
00:40:22,280 --> 00:40:27,880
Yeah. And if you just selling shit pictures on the internet, there's nothing,

491
00:40:27,880 --> 00:40:33,000
there's no fucking regulation element at that. It's just selling crap. It's not a financial instrument.

492
00:40:33,000 --> 00:40:40,440
Well, it's just a piece of shit. I get on crap, stand by those. Unfortunately,

493
00:40:40,440 --> 00:40:45,880
the floor price of those fucking, what they call glitch candies is not held up as well as bad kids.

494
00:40:46,520 --> 00:40:51,800
Anyway, so in conclusion, there is a very valuable piece of advice

495
00:40:51,800 --> 00:40:56,120
squirreled in the middle of this podcast. If you're based in the UK and shilling shitcoins,

496
00:40:56,120 --> 00:41:04,280
go fucking look up the law change. You're looking for policy statement PS2, PS23 slash

497
00:41:04,280 --> 00:41:11,240
six financial promotion rules for crypto assets, which is of course, open on the FCA website,

498
00:41:11,240 --> 00:41:15,480
go and seek legal advice. They're not going to catch up with you for fucking years. That's not

499
00:41:16,120 --> 00:41:21,720
legal advice, by the way. But reality is they're looking for you to come out of the woodwork

500
00:41:21,720 --> 00:41:27,240
and say, we are a legitimate business. And that is the regulator looking to work with companies,

501
00:41:27,240 --> 00:41:31,800
basically, that are actually doing something legitimate. And eventually, somebody will get

502
00:41:31,800 --> 00:41:39,240
made an example of if they're shilling shitcoins on TikTok. So don't be that guy. That's my phrase

503
00:41:39,240 --> 00:41:44,760
legal corner. That's the news I have this week. It's quite a big one though, big,

504
00:41:44,760 --> 00:41:52,520
big regulation, he balls one. I mean, that is a pretty big development there. So

505
00:41:53,560 --> 00:41:58,920
understanding here. So I talked to a lawyer about this long story is why we're in that situation.

506
00:41:58,920 --> 00:42:04,680
But understanding is doesn't affect NFTs, doesn't affect validator services, doesn't affect kind

507
00:42:04,680 --> 00:42:11,240
of writing smart contract code, open sourcing it, whatever, it just really doesn't affect all that

508
00:42:11,240 --> 00:42:17,640
much other than shilling shitcoins and launching shitcoins. Those two things, yeah, you have to

509
00:42:17,640 --> 00:42:25,480
register. And it's £10,000. And then every additional year, it's 1.7% of earnings with us,

510
00:42:25,480 --> 00:42:30,200
with the cap on it, and £2,000 for your registration fee or something like that. So

511
00:42:30,760 --> 00:42:35,400
if it's actually a profitable shitcoin worth registering with the FCA, if it's not a profitable

512
00:42:35,400 --> 00:42:42,360
shitcoin, then maybe crush your ledger, walk away. I don't really understand what is the

513
00:42:44,280 --> 00:42:50,280
benefit to the society in registering? Is it like that you, like, I don't get it?

514
00:42:50,280 --> 00:42:54,680
Well, the FCA has a bit more money so that they can then go off to other people.

515
00:42:56,200 --> 00:43:01,560
But like registering, does that give you immunity from like

516
00:43:01,560 --> 00:43:06,040
like shilling a shitcoin and dumping on people? Like,

517
00:43:06,040 --> 00:43:11,320
Well, if you dump it, you'll be in breach of the fucking regulator and you'll go to

518
00:43:11,320 --> 00:43:14,760
fucking prison, obviously. Why?

519
00:43:14,760 --> 00:43:19,080
Because it's like insider trading, like in the real world, if it was a stop,

520
00:43:19,080 --> 00:43:24,360
I think it's not trading. Okay, right. So I'm not a fucking lawyer. We are very,

521
00:43:24,360 --> 00:43:30,680
very close to the get legal advice here in answer to Noel's question. My understanding is

522
00:43:30,680 --> 00:43:39,240
this is basically they have in place rules about risky investments and marketing risky

523
00:43:39,240 --> 00:43:45,800
investments. They have seen the adoption and the holding of crypto assets in the UK increase

524
00:43:45,800 --> 00:43:50,680
massively in the last couple of years. And so they've just like taken an existing piece of

525
00:43:50,680 --> 00:43:55,880
legislation, which applied to I think other financial instruments and like payday loans

526
00:43:55,880 --> 00:44:00,520
and things possibly. And they've just pulled out the shelf and gone, this applies to crypto now.

527
00:44:01,640 --> 00:44:07,080
So what they're going to do presumably is refine that. But for now, they're going, okay,

528
00:44:07,080 --> 00:44:13,560
if you're just showing some shitcoin, we see that as risky enough. And with enough downside

529
00:44:13,560 --> 00:44:18,200
that we want to know who you fucking are. If we don't know who you are, then there is this kind

530
00:44:18,200 --> 00:44:22,520
of sort of damocles that if we do find out you're doing it, we can put you in prison.

531
00:44:22,520 --> 00:44:29,480
So that means that then they can basically get you under the regulator, put you in contact with them,

532
00:44:29,480 --> 00:44:36,280
charge you your two grand a year to be a regulated entity, two grand plus, whatever it would be,

533
00:44:36,280 --> 00:44:42,360
I guess, based on your turnover. And then they have an open channel to you to say, oh, okay,

534
00:44:42,360 --> 00:44:46,840
by the way, we've decided that these types of investments are actually like whatever,

535
00:44:46,840 --> 00:44:51,320
and these ones are much more risky. So if you fall under that, then you need to fill out additional

536
00:44:51,320 --> 00:44:57,480
stuff, you need to do blah, blah, blah, it's so that they can start to work out who is legit enough

537
00:44:57,480 --> 00:45:03,960
that they will come forward, identify themselves as a business, pay the money. If you're paying 10

538
00:45:03,960 --> 00:45:10,440
grand, and you're filling out all the paperwork, and you're saying, hey, yep, cool, we work in the

539
00:45:10,440 --> 00:45:15,320
area, we fucking have an office, here's who we are, YOLO, whatever.

540
00:45:15,320 --> 00:45:20,520
I wonder if you have to register like your social handles like Big Bulls, Billy,

541
00:45:20,520 --> 00:45:27,240
Billy, you will have to do, I mean, it's a regulator, it will be fucking loads of stuff, man,

542
00:45:27,240 --> 00:45:30,600
it will be proper due diligence, so to thought. Otherwise, what's the fucking point?

543
00:45:32,280 --> 00:45:36,280
Cash. Well, I mean, part of the reason is obviously because they need to make enough

544
00:45:36,840 --> 00:45:43,080
cash off this registration process to then have some money to go off to people to make an example

545
00:45:43,080 --> 00:45:48,520
of them. It's kind of like a, you know, the circle joke, it's kind of like a circle joke,

546
00:45:48,520 --> 00:45:52,600
actually, isn't it? It's kind of like a Ponzi scheme. We need to just continue,

547
00:45:53,240 --> 00:45:56,680
we'd continue getting people to sign the regulation forms and hand over the cash

548
00:45:56,680 --> 00:45:59,800
that we can go and punish people that haven't so we can get more people to come over and

549
00:46:00,360 --> 00:46:05,960
it's everything's kind of, yeah. Anyway, if the FCA, if anybody from the FCA is listening,

550
00:46:05,960 --> 00:46:10,760
I didn't just call the FCA a circle joke or Ponzi scheme, I have a great amount of respect for

551
00:46:10,760 --> 00:46:18,440
what you folks do. I'm very pro sensible crypto regulation. Let's talk. Apologies about calling

552
00:46:18,440 --> 00:46:24,600
your organization a Ponzi. Cool. Okay. Frey makes a personal request to make taxes easier, please.

553
00:46:25,720 --> 00:46:32,040
That would be HMRC, sadly. Oh, yeah.

554
00:46:32,040 --> 00:46:39,960
Shilty taxes are exactly as easy as you want them to be. You just got to run the gauntlet a

555
00:46:39,960 --> 00:46:48,680
little bit. I'm not that courageous. Good sir. I mean, people have certainly chosen,

556
00:46:50,200 --> 00:46:58,040
you know, unorthodox tax schemes to follow over there when it comes to crypto to make life easier.

557
00:46:58,040 --> 00:47:03,400
So I would say that I'm actually taking a pretty aggressive stance when it comes to the way America

558
00:47:03,400 --> 00:47:11,640
does taxes with crypto. But they're all like, in my opinion, defensible areas, right? Like the couple

559
00:47:11,640 --> 00:47:19,160
that sued the IRS for their staking income back, right? Like I actually follow that kind of thing.

560
00:47:20,120 --> 00:47:24,680
Not that I'm advising others do that, but if they were to come down on me for like not claiming my

561
00:47:24,680 --> 00:47:30,120
staking board's income as opposed to like created funds, then I would defend that position.

562
00:47:30,120 --> 00:47:33,160
You'd have some way to point. I would have somewhere to point. Yeah.

563
00:47:33,960 --> 00:47:37,080
Because they ended up settling. They didn't actually continue pushing through to like

564
00:47:37,080 --> 00:47:43,560
create president. But to me, that's enough to say, hey, it's possible to actually move on that.

565
00:47:44,280 --> 00:47:47,640
But yeah, so there are some things that we're taking aggressive stance on.

566
00:47:47,640 --> 00:47:53,800
Oh, I did not. So Todd just said, do you see the guidance IRS just posted? No, I did not.

567
00:47:54,680 --> 00:47:59,880
If you could post that or link that, I would love to read it. If it flies in the face of what I

568
00:48:00,600 --> 00:48:05,720
said, maybe I won't read it. Then oops. Yeah, exactly right.

569
00:48:07,480 --> 00:48:12,440
Oh, well, then boys would be boys, right? That's right. Ignorance is a bliss or something. I'm

570
00:48:12,440 --> 00:48:16,120
pretty sure I read somewhere that if you don't know the law, then you can't be in trouble for the

571
00:48:16,120 --> 00:48:22,040
law. And I'm pretty sure it's written down in stone somewhere. Makes total sense, right?

572
00:48:22,040 --> 00:48:24,840
So one thing I think we should talk about that we haven't touched on yet,

573
00:48:24,840 --> 00:48:29,960
because it's been like the flavor of the last week is permissioned cause and wasm on the hub.

574
00:48:30,520 --> 00:48:37,800
Oh yeah, I did see that come up. The prop 811. Is this the first, second, third, fourth time this

575
00:48:37,800 --> 00:48:42,840
has come up on the hub? I think this is the second time. I think the first one was prop 69, literally.

576
00:48:42,840 --> 00:48:50,200
So I'll say that I'm in favor of cause and wasm on the hub permissioned cause and wasm.

577
00:48:51,240 --> 00:48:54,840
From my experience with Kijira, permissioned cause and wasm can kind of suck because they

578
00:48:54,840 --> 00:49:00,840
have proposals, what feels like every hour of the day, they're on like proposal 450 and

579
00:49:00,840 --> 00:49:05,320
they've been out for less than a year. So that means more than one proposal per day on average.

580
00:49:05,320 --> 00:49:09,400
And that sucks. Like it's a small task to do, but it's a task nonetheless. But

581
00:49:09,400 --> 00:49:15,320
like cause and wasm needs something in order to be able to iterate quicker. So we're voting yes on it.

582
00:49:16,680 --> 00:49:23,480
I'm not an atom validator. So I don't vote. But I think like, I mean, I can't, I can't see it

583
00:49:23,480 --> 00:49:30,440
hurting to have it. I think a lot of people were, you know, not happy that it was tied to this

584
00:49:30,440 --> 00:49:35,400
app store thing. I didn't read the prop. So I don't really know what they're talking about

585
00:49:35,400 --> 00:49:41,640
about with that. But, you know, I don't, maybe it would have been better to sort of have one without

586
00:49:41,640 --> 00:49:46,920
the other. If you know what I mean, maybe just vote on just permissioned cause and wasm as a

587
00:49:47,480 --> 00:49:52,520
concept. And then if there was something else they wanted to attach to that, then attach that after.

588
00:49:53,160 --> 00:49:56,120
And then a lot of people were talking about it being

589
00:49:56,120 --> 00:50:07,960
pushed up there by Juno to be able to use mesh security as well and down there potentially.

590
00:50:09,160 --> 00:50:15,000
So I'm not sure where people get this information or whether they just sort of infer it. And then

591
00:50:17,080 --> 00:50:23,400
Ben Davis prop 811 on atom is Juno PsyOps.

592
00:50:23,400 --> 00:50:27,480
All right. If you're going to make a claim like that, you got to get in here real quick and

593
00:50:27,480 --> 00:50:33,560
explain that to us because I've seen both sides and that's such a claim that I think you should

594
00:50:33,560 --> 00:50:38,200
honestly hop on real quick and explain that position. So for those people that are listening

595
00:50:38,200 --> 00:50:44,760
later who are on podcast players, Sawie T studio has also said it's proposed by block creator Juno

596
00:50:44,760 --> 00:50:49,800
to try and shell mesh. So that's maybe that's the conspiracy theory. I haven't been following this

597
00:50:49,800 --> 00:50:55,640
enough to have actually done any due diligence. I don't know if that's the case, but we've got

598
00:50:58,840 --> 00:51:04,760
Ben Davis in the chat saying, I think facetiously the prop is Juno PsyOps. We have Sawie T studio

599
00:51:04,760 --> 00:51:11,160
saying it was in fact proposed by block creators of Juno to try and shell mesh 100% back in that.

600
00:51:11,160 --> 00:51:22,360
And Rama and saying that DM us the tweet. Okay. Happy days. And Rama friend and

601
00:51:24,120 --> 00:51:31,720
collaborator of the podcast has agreed and said is block creators. So we're obviously

602
00:51:31,720 --> 00:51:37,400
out of the loop here, I guess. Yeah. I guess I haven't paid attention to the last couple days

603
00:51:37,400 --> 00:51:44,840
on it. But now I'm way more curious. Like could just ask block creators. Yeah, you could. To me,

604
00:51:44,840 --> 00:51:49,960
it's fascinating that it would be a PsyOps to add Kazim wasm to the hub. Like, I'm not sure it's a

605
00:51:49,960 --> 00:51:54,600
PsyOps, but it might be if it's true, it's block creators. I think they just admit it,

606
00:51:54,600 --> 00:51:58,360
wouldn't they? Unless that why would they not admit it? Sorry, I was typing.

607
00:51:58,360 --> 00:52:09,080
I don't know who knows. Like, I don't think it's a PsyOps. I think maybe they if they were doing it

608
00:52:09,080 --> 00:52:14,040
to try and get mesh on the hub, what's wrong with that? They can vote on that later, right?

609
00:52:14,040 --> 00:52:19,400
It's permission to cause a Muslim. So yeah, I think that I think the general theme of that the

610
00:52:19,400 --> 00:52:24,440
prop is a bit shitty is like fair though. I mean, I've seen the proper in question.

611
00:52:24,440 --> 00:52:31,640
And yeah, CW on the hub probably should have happened a long time ago. Permission CW. But

612
00:52:31,640 --> 00:52:37,480
yeah, it just seems like it like a lot of props. It does too much needs to do a bit less.

613
00:52:37,480 --> 00:52:43,880
Oh, man, I have an I have an admission to make right now. I didn't realize that the I read the

614
00:52:43,880 --> 00:52:48,280
chat GPT summary on min scan, not the full contents. I didn't realize there was a full

615
00:52:48,280 --> 00:52:53,240
content. I was betrayed by min scan. So whenever I Wow, all right, I need to actually go read this

616
00:52:53,240 --> 00:52:59,880
prop now and see why it's potential backflip here on game of nodes. I didn't realize they had it.

617
00:52:59,880 --> 00:53:05,080
I mean, it's cool. So I don't think we talked about min scan 2.0. I'm not a huge fan of the

618
00:53:05,080 --> 00:53:10,440
changes. I think that a lot of it is like so called design design where they made changes to

619
00:53:10,440 --> 00:53:16,120
select to make changes to make it like seem more modern. I think they had it closer to the way

620
00:53:16,120 --> 00:53:23,800
it should have been before. I liked some of it. Like it is in there's no question that it is

621
00:53:23,800 --> 00:53:29,960
more feature rich now. It does a lot more stuff, but they've also done worse what they used to do

622
00:53:29,960 --> 00:53:39,080
well. So it used to be very quick and easy to do some sleuthing around min scan. You can just

623
00:53:39,080 --> 00:53:45,240
all the links worked properly. You could just you know, the things that I would have asked them to

624
00:53:45,240 --> 00:53:50,040
improve rather than redesigning the whole thing and ruining a whole heap of stuff would be more

625
00:53:50,040 --> 00:53:58,840
like to populate more, you know, transactions per page and to pre case transactions, as you're

626
00:53:58,840 --> 00:54:05,400
clicking through and you know, UX improvements like that rather than sort of reinventing their own

627
00:54:05,400 --> 00:54:14,040
wheel and removing some spokes. So yeah, I mean, I do like some aspects of it, but other aspects I

628
00:54:14,040 --> 00:54:19,880
completely hate. I mean, I certainly agree that there are aspects that I enjoy about it. Like I

629
00:54:19,880 --> 00:54:24,600
think it I think it is it feels faster. I don't really know why but it feels faster.

630
00:54:25,800 --> 00:54:29,400
But it feels so much more cumbersome to navigate. So much more cumbersome.

631
00:54:29,400 --> 00:54:34,520
And feel slower to me. And I find like finding the things that I'm looking for is also quite a

632
00:54:34,520 --> 00:54:40,200
pain in the ass. The pages are really long and sectioned for scrolling. I'd prefer if they were

633
00:54:40,200 --> 00:54:46,520
sort of just tabbed out across the top. Yeah. Yeah, I mean, I was a beta tester, I probably should

634
00:54:46,520 --> 00:54:53,560
have like raised some of those issues. But I was busy at the time. So yeah. And it looks like we

635
00:54:53,560 --> 00:54:59,960
might have lost the phrase going into phone time. Now he's reading the prop. No reading.

636
00:55:01,400 --> 00:55:09,160
You know, we're down stuff, but things have happened. So just needed to respond to a thing.

637
00:55:09,160 --> 00:55:11,880
Oh, your phone stopped vibrating. Is that what you're saying?

638
00:55:12,600 --> 00:55:20,040
No, it's still vibrating once. But I think a resolution could be a hand possibly. We'll see.

639
00:55:21,720 --> 00:55:27,880
We have thus far avoided the drill tweed of the week. You missed it.

640
00:55:27,880 --> 00:55:29,320
All right. Here at the banner.

641
00:55:29,320 --> 00:55:39,320
It's there a better we can do it. And I feel like I feel very odd the spot because last week I was

642
00:55:39,320 --> 00:55:45,160
accused of being non random. But obviously, true randomness is basically impossible for a human.

643
00:55:45,160 --> 00:55:51,240
So I feel like there's now a bar that I can never reach. But I'm just gonna I'm just gonna have to

644
00:55:51,240 --> 00:55:58,280
flick. I'll tell you when to stop. Stop. Stop. Fuck you. Oh, God, we are in the section.

645
00:55:58,280 --> 00:55:59,480
Okay, Jim Obama.

646
00:56:05,720 --> 00:56:06,840
Number four on the page.

647
00:56:11,320 --> 00:56:15,480
You want number four on the page? Okay, I mean, they're all gold. My thumb was on a particularly

648
00:56:15,480 --> 00:56:22,920
good one. So I can't this is all spelt badly. You should know that ahead of time. Everything

649
00:56:22,920 --> 00:56:29,080
spelt wrong. Every single word in this tweet. I'm little Jessica. I'm dying because of Obama's

650
00:56:29,080 --> 00:56:35,400
help care bill. I'm on my deathbed. And the doctor is ignoring me because my daddy works hard.

651
00:56:37,000 --> 00:56:39,000
Being from the States, that's not very funny.

652
00:56:41,880 --> 00:56:44,360
As a casual observer, I find it funny.

653
00:56:47,000 --> 00:56:51,800
There's some for those of you following along at home who maybe have a copy of the drill book.

654
00:56:51,800 --> 00:56:58,440
I'm sure everybody has a reference copy, possibly in their bathroom. I can recommend the Obama

655
00:56:58,440 --> 00:57:05,000
section. I wasn't even aware there was an Obama section. That entire page was mostly gold. I

656
00:57:05,000 --> 00:57:10,440
like the the one about the Final Fantasy six nudes. That was funny. But unfortunately, that was not

657
00:57:10,440 --> 00:57:17,240
the one now picked. So if you like that, like and subscribe game of nodes. And there'll be another

658
00:57:17,240 --> 00:57:25,560
drill tweet once again, giving us a copyright strike next week. I looked at our statistics and

659
00:57:25,560 --> 00:57:31,800
all our copyright strikes. It's like every fucking episode. We just managed to keep like,

660
00:57:31,800 --> 00:57:36,200
like, I mean, obviously, like, there's a lot of things we get copyright strikes for. We haven't

661
00:57:36,200 --> 00:57:41,080
got any for the drill tweet of the week. I think it would be kind of if that was how we got got,

662
00:57:41,080 --> 00:57:45,480
you know, it'd be like Al Capone getting done for tax evasion, we get done for like,

663
00:57:45,480 --> 00:57:50,600
hey, the thing we meant we had to bring you down once and for all was the drill books publisher

664
00:57:50,600 --> 00:57:57,160
was like, you can't you can't verbally reproduce tweets. Then that'd be the layers of all the

665
00:57:57,160 --> 00:58:02,360
things of all the things to get shut down for that would be top of the pile of that would be

666
00:58:02,360 --> 00:58:06,680
quite on brand, I think for this podcast to go out in a blaze, not of glory, but of just

667
00:58:07,800 --> 00:58:11,800
latent misunderstanding of basic intellectual copyright law.

668
00:58:11,800 --> 00:58:16,360
Or the fair use policy doesn't mean this lads.

669
00:58:17,560 --> 00:58:26,760
So, Shilty, we were involved in another Ponzi network, not a Ponzi, another network launch

670
00:58:26,760 --> 00:58:36,280
overnight. So the launch went smoothly. That was great. Did you happen to notice that the

671
00:58:36,280 --> 00:58:42,520
price feeder for this particular chain is built into the chain?

672
00:58:43,240 --> 00:58:49,400
I did notice. And it's very strange. I am excited about said chain. However, I'm not

673
00:58:49,400 --> 00:58:56,840
excited about how to get into said chain. Were you were you in the conversation with artifact?

674
00:58:58,120 --> 00:59:01,880
I think earlier this week, are you talking about two different chains?

675
00:59:01,880 --> 00:59:06,680
No, no, same chain. You're sure? I think you're talking about two different chains.

676
00:59:06,680 --> 00:59:10,760
I'm sure. I remember this conversation and I've seen two conversations are very similar.

677
00:59:10,760 --> 00:59:13,320
I mean, you could both say it out loud at the same time.

678
00:59:13,320 --> 00:59:17,800
No, I'm 100% not going to. Say it in the private chat and I'll

679
00:59:17,800 --> 00:59:19,880
educate. I'm pretty sure you're talking about different chains.

680
00:59:20,840 --> 00:59:26,440
Well, I don't want to talk about anything other than how interesting it was that we don't have to

681
00:59:26,440 --> 00:59:32,760
run a separate price feeder. Yeah, I mean, I think that's awesome. I think that

682
00:59:32,760 --> 00:59:35,160
channel is a lot of cool things going for it. I'm pretty excited about it.

683
00:59:36,680 --> 00:59:43,000
It's just, yeah, I'll just say I'm excited about it and leave it at that because I can't verify

684
00:59:43,000 --> 00:59:49,480
what I'm saying for truth. So also, you know, I have one more thing to say here.

685
00:59:49,480 --> 00:59:54,920
They're naming of the daemon wrong. It is objectively wrong. They could have done so

686
00:59:54,920 --> 00:59:58,440
much better. They should have asked me and I would have given them a way better name.

687
00:59:58,440 --> 01:00:02,120
Like they had a very clear pattern they could have run with and they didn't.

688
01:00:02,120 --> 01:00:09,960
The pain, the absolute pain of that name and it, you know, heavy use of tab complete when

689
01:00:11,000 --> 01:00:18,360
doing like, you know, anything there is just tab, tab, tab 100%. One shortcut.

690
01:00:18,360 --> 01:00:25,480
You can happen to know that I do know. What's commanding up? Oh, so controller, you know.

691
01:00:26,280 --> 01:00:32,600
Oh, controller. Yeah. No, this is just then if you're banging out a bunch of different ones

692
01:00:32,600 --> 01:00:36,120
in a row, you just want to tab complete the daemon name. It's so annoying.

693
01:00:37,560 --> 01:00:41,160
Anyway, what else has been going on? I've been doing all of the talking here.

694
01:00:41,160 --> 01:00:44,680
Well, we've done the news and it's taken us an hour. We're now game of

695
01:00:44,680 --> 01:00:51,480
nose to fucking news podcast. So we've now reached final form. It's quite impressive,

696
01:00:51,480 --> 01:00:56,360
actually, to see how far we come. All it took was you separate to fuck off for a few weeks

697
01:00:59,720 --> 01:01:05,960
for us to get our shit together. The other participants in this calls participation rate

698
01:01:05,960 --> 01:01:10,920
in the news is dismal, by the way. I think you all need to do further research before each episode.

699
01:01:10,920 --> 01:01:16,280
I have a lot of research. You just had to throw down your gondola in the beginning and saying,

700
01:01:16,840 --> 01:01:20,040
no, I'm going first. And I was like, okay, well, whatever you do, you think then?

701
01:01:20,040 --> 01:01:22,840
Well, what if you step on my news? She'll see then I'd be fucked, wouldn't I?

702
01:01:23,720 --> 01:01:29,320
That's what I'm saying. So what, what, what, what further news do you have?

703
01:01:30,600 --> 01:01:34,360
I mean, you covered a lot of it. I threw up the Cosmos Hub one as well. There's other things, but

704
01:01:34,360 --> 01:01:39,800
I don't know. I'm not, I don't have enough context to really discuss them. So

705
01:01:41,160 --> 01:01:44,200
Cosmos, I think it's pretty easy to discuss because it's high drama, right?

706
01:01:46,280 --> 01:01:51,640
But like the Adam Accelerator research fighting off renewed. I don't know. I don't know.

707
01:01:52,520 --> 01:01:57,160
I haven't, I've not heard of this. Rama says, did we talk about all these chains locking tokens

708
01:01:57,160 --> 01:02:02,920
for our ICA on the hub, then hitting the unbonding limit and no one telling users?

709
01:02:02,920 --> 01:02:04,600
Does anyone know what that means?

710
01:02:07,640 --> 01:02:11,480
No, I'm seeing a lot of shaking heads. Yeah, I've no idea what that means.

711
01:02:11,480 --> 01:02:14,120
Rama, we don't know what the fuck you're talking about. Sorry, but,

712
01:02:14,680 --> 01:02:16,600
but it sounds like everybody's getting rocked again.

713
01:02:17,400 --> 01:02:20,360
I did not know that there was an unbonding limit.

714
01:02:21,160 --> 01:02:22,840
I didn't know there was an unbonding limit either.

715
01:02:24,040 --> 01:02:25,640
Is that like, look at the code.

716
01:02:26,360 --> 01:02:30,200
I know there's like an ETH unbonding limit. It's right now, like it takes like a couple

717
01:02:30,200 --> 01:02:34,920
of days to unbond, but because there's so many people unbonding, it takes like 45 days to unbond

718
01:02:34,920 --> 01:02:39,240
right now. Something crazy. But I didn't know there was something like that for Cosmos.

719
01:02:40,200 --> 01:02:43,560
Oh, seven unbondings per account. Yeah, everybody knows that.

720
01:02:44,440 --> 01:02:48,280
Oh, not chain wide. It's an account. Okay. Yeah, okay.

721
01:02:49,080 --> 01:02:58,840
Maybe they should have a like counter in the, in Kepler. It's like you're free delegated or unbonded

722
01:02:58,840 --> 01:03:03,480
X amount of times from this account. It does reset though, doesn't it? After those

723
01:03:04,840 --> 01:03:11,880
redells or unbonds are finished, doesn't it reset? Yeah, it's active unbondings.

724
01:03:12,840 --> 01:03:20,520
Yeah. I mean, it's kind of a weird thing to do, right? Why, if you have seven individual unbondings

725
01:03:20,520 --> 01:03:27,160
ongoing, like why, I guess it bloats the state to some degree. If you have a lot of unbondings,

726
01:03:27,160 --> 01:03:34,440
maybe it's an attack vector. Like if you had 10,000, you Juno and did 10,000 unbondings

727
01:03:34,440 --> 01:03:38,840
on 10,000 accounts, I guess all of that information has to be passed through the state.

728
01:03:39,560 --> 01:03:44,120
That's true. And that would be duplicated for every block basically. Yeah, exactly.

729
01:03:47,560 --> 01:03:53,960
ICA vaults could have lots. Yeah, I guess so. So wait, hold on. Okay. So what you're saying,

730
01:03:53,960 --> 01:04:00,760
Rometh, is that people have put tokens into, oh shit, Quasar? Is that how it's pronounced?

731
01:04:01,880 --> 01:04:05,320
Frey, come on now. I see that look. Is that right? Someone give me a thumbs up.

732
01:04:07,320 --> 01:04:11,880
The Frey calls it Quasar or something weird. No, I'm the one that calls it weird. That's

733
01:04:11,880 --> 01:04:16,360
what I had to verify. All right. I know someone's dropping weird names at it.

734
01:04:16,360 --> 01:04:26,120
Yeah. Okay. So they put the tokens into Quasar, which then bonds them to Osmo pools.

735
01:04:26,760 --> 01:04:31,960
And people are unable to unbond from that. Is that what it's saying? Like they don't have that

736
01:04:31,960 --> 01:04:38,360
working? Rometh says some Cosmos Millions and Quasar users been waiting two months to unbond

737
01:04:38,360 --> 01:04:45,240
and no one has said anything. Really? So James has clarified how to say that it's

738
01:04:45,240 --> 01:04:54,040
Quasar. Quasar. Got it. Interesting. So is that true in general? Was there a bug that caused

739
01:04:54,040 --> 01:05:00,280
that to happen, Rometh? Or was it that, like, obviously that wasn't designed to be the case?

740
01:05:00,280 --> 01:05:05,560
Like, obviously they intended you to be able to unbond. But is this like a known bug or was

741
01:05:05,560 --> 01:05:10,600
this known to have gone into production with this bug effectively? Like, does that make sense?

742
01:05:10,600 --> 01:05:18,040
Okay. Okay. So I guess they've put out a statement about it not working right now.

743
01:05:18,920 --> 01:05:23,960
Now I'm curious. Now I need to look into this. Rometh says Cosmos Millions has released a statement

744
01:05:23,960 --> 01:05:31,800
two days ago. I think Quasar still hasn't. I mean, what is Cosmos Millions? Is that a chain or is it

745
01:05:31,800 --> 01:05:37,720
like something that's on Quasar? For everybody listening, literally everybody is now doing

746
01:05:37,720 --> 01:05:44,840
alternate research or fixing something. I'm utterly fascinated now. Like, this is so okay.

747
01:05:44,840 --> 01:05:50,040
So I've talked about Quasar quite a few times. I think it's a really cool product. I think they do

748
01:05:50,040 --> 01:05:59,640
cool things. I didn't notice the limitation. So, oh, this is fascinating. Hey, so something else

749
01:05:59,640 --> 01:06:05,880
we might be able to mention while you're looking at that is actually, no, we probably can't mention

750
01:06:05,880 --> 01:06:15,960
that. Dang it. I don't want to get in trouble. Oh, no, it's, I gotta work on the filter.

751
01:06:18,280 --> 01:06:22,280
Yeah, Frey, what are you doing in there, man? You've been on mute for a long time and looking

752
01:06:22,280 --> 01:06:27,480
at your laptop. Are you over there dev-opping? Yeah, having to do some ops and shit.

753
01:06:27,480 --> 01:06:36,120
And is it repaired? No, they, I've got the feeling it's going to be a late one.

754
01:06:37,000 --> 01:06:44,840
Oh, no. Yeah, well, dang. Yeah, whatever, man. Everything is just a

755
01:06:44,840 --> 01:06:49,880
fucking lack of sleep at the moment, isn't it really? It's just, yeah, it's kind of fine.

756
01:06:49,880 --> 01:06:57,400
Yeah, I mean, like with the young family at the moment, you must be sort of quite often

757
01:06:57,400 --> 01:07:04,440
be doing all nighters early mornings, late nights, you've got to fit in the work with the bean action.

758
01:07:05,000 --> 01:07:11,880
Yeah, I don't really know. Because like we can, one of the good things about, I guess, like being

759
01:07:11,880 --> 01:07:16,040
full-time freelance, obviously, like you have specific calls and things you have to do with

760
01:07:16,040 --> 01:07:21,160
clients. But if you have to do specific work, you can just do it whatever time, when you can fit it

761
01:07:21,160 --> 01:07:25,560
in. It's only the calls and things that you have to do on their time zone and their kind of whatever.

762
01:07:26,600 --> 01:07:33,000
But so you end up working a normal amount of hours, sometimes you end up working more hours.

763
01:07:33,640 --> 01:07:40,840
But whatever pattern, you can just humanly fit it in. Literally, I have no fucking clue

764
01:07:40,840 --> 01:07:47,480
how it's possible to have like an under six because it's only like recently that things

765
01:07:48,120 --> 01:07:53,720
calmed down a bit. And you get the odd week where things are inexplicably quite fine,

766
01:07:53,720 --> 01:07:58,520
but you can't bank on it and things change so often. I honestly don't know if I was still

767
01:07:59,160 --> 01:08:05,400
working on the job I had five years ago, I had to get up fucking 637 or clock every day, whatever,

768
01:08:05,400 --> 01:08:11,800
and commute, go into the office, talk to other humans for six, seven hours in the day, like

769
01:08:11,800 --> 01:08:18,360
interact with other people, be coherent, then come home. I just don't know where the hours are.

770
01:08:19,400 --> 01:08:26,120
What the fuck? At the moment now, it's like you do like three hours work, you have a 10-minute nap,

771
01:08:26,120 --> 01:08:31,320
you tidy up all the shit around the house that's fucked, you have two slices of toast,

772
01:08:31,320 --> 01:08:34,680
then you work for three hours, then you do all the other baby shit that he's doing,

773
01:08:34,680 --> 01:08:39,640
then you work for an hour, then you have dinner and have 20 minutes with your partner,

774
01:08:40,520 --> 01:08:45,720
then you do another half. You can split it up in such a way that nothing's falling apart,

775
01:08:45,720 --> 01:08:52,920
that all of the washing is getting done, that things are kind of... Yeah, I don't know, man.

776
01:08:52,920 --> 01:08:56,600
I don't know how... Maybe every parent looks at every other parent and goes,

777
01:08:56,600 --> 01:09:01,080
how the fuck do people function? Yeah, I just don't know how you're supposed to do it around

778
01:09:01,080 --> 01:09:05,400
like a really rigid schedule because the baby kind of makes their own schedule. It's Matt.

779
01:09:06,760 --> 01:09:12,920
I mean, I see exactly where you're coming from, but I am in the same situation in you as that.

780
01:09:12,920 --> 01:09:21,480
I work from home on my own schedule, but I would find it very hard to fit in something to look

781
01:09:21,480 --> 01:09:28,440
after that's not already in my schedule. I pretty much spend most of the day working,

782
01:09:28,440 --> 01:09:35,720
and as you say, doing the other things in between up until a certain time where I cut off,

783
01:09:35,720 --> 01:09:41,240
and then I go and do some exercise, then I come back and cook dinner and then do some more work

784
01:09:41,240 --> 01:09:46,600
or spend some time with... So the exercise that's now... You have a baby, that's not gone.

785
01:09:47,160 --> 01:09:52,520
It doesn't exist anymore. Unless you're insanely disciplined or you work

786
01:09:52,520 --> 01:09:58,840
into between your house and your office, it's probably gone. And that cooking dinner,

787
01:09:58,840 --> 01:10:02,280
forget about that cooking dinner. Yeah, it's eggs on toast now.

788
01:10:03,080 --> 01:10:05,880
Well, I actually cook lunch and dinner and breakfast.

789
01:10:05,880 --> 01:10:06,360
Wow.

790
01:10:06,360 --> 01:10:07,640
So I guess that's what I'm claiming.

791
01:10:07,640 --> 01:10:13,000
You're going to love the one hour you get on Sunday to make soup for every day of the week.

792
01:10:16,120 --> 01:10:19,880
Yeah, you're going to need to be much more efficient about that cooking business.

793
01:10:19,880 --> 01:10:24,440
It needs to be cooked ahead of time, but still nutritious enough that you don't die.

794
01:10:25,720 --> 01:10:27,560
But microwaveable, ideally.

795
01:10:27,560 --> 01:10:35,880
People are going to probably question why I'm on to this so late, but I have found the airfriar

796
01:10:35,880 --> 01:10:37,880
to just be the business.

797
01:10:38,520 --> 01:10:40,040
Did you bring some last week as well?

798
01:10:40,040 --> 01:10:47,240
Did I? I just cook chicken in that bitch every day for lunch. So preparing is going to the airfriar,

799
01:10:47,240 --> 01:10:50,840
throwing the two bits of chicken in there and turning it on and then coming back later to eat

800
01:10:50,840 --> 01:10:53,960
it. So I feel like it's pretty efficient if you're already at home.

801
01:10:54,920 --> 01:11:01,720
So Ben Davis says that babies with a nine to five means your partner now hates you

802
01:11:01,720 --> 01:11:04,680
and you compete about who is most tired.

803
01:11:05,560 --> 01:11:06,680
It kind of makes it.

804
01:11:06,680 --> 01:11:12,440
That's plausible. I'm sure that's looking forward to that imminently in my future when we're both

805
01:11:12,440 --> 01:11:20,360
back at work. Anyway, but yeah, whatever. I can definitely see that in my future.

806
01:11:20,360 --> 01:11:22,200
My partner and I compete on everything.

807
01:11:23,480 --> 01:11:29,000
I think last that last that we, to be fair, last that we, we will hate each other and

808
01:11:29,000 --> 01:11:32,440
more than we'll compete, I think, both naturally competitive.

809
01:11:34,440 --> 01:11:36,440
I mean, why have a partner if you're not competing, right?

810
01:11:36,440 --> 01:11:43,400
Yeah. I mean, we have it. I win. I'm we don't really, I'm not allowed to play board games

811
01:11:43,400 --> 01:11:47,640
because apparently I'm a I'm a I'm a sore loser and a bad winner.

812
01:11:50,040 --> 01:11:53,560
So I think possibly I'm not much fun to compete against anyway.

813
01:11:55,160 --> 01:11:59,080
Yeah, I think we talked about board games like last week or the week before.

814
01:11:59,080 --> 01:12:02,360
I'm terrible to play board games with because I hate them.

815
01:12:02,360 --> 01:12:09,080
But also my partner is terrible to play board games with because it sounds like she's exactly like you

816
01:12:10,520 --> 01:12:14,520
gets upset if she loses and then stuffs it down your throat if she wins,

817
01:12:15,960 --> 01:12:20,840
which is every time. So to be fair, I think I'm actually a better loser than I'm made out to be.

818
01:12:20,840 --> 01:12:27,320
Like, I think, I think the point is the manner in which like the spirit in which the game is played,

819
01:12:27,320 --> 01:12:32,120
like if we're just all dicking around and it's just like a friendly, it's just like it's cool,

820
01:12:32,120 --> 01:12:37,160
just like boys to be boys, just some of the lads playing a board game, a couple of pints,

821
01:12:37,160 --> 01:12:42,200
board game, you know, whatever. If you know it's about the playing, it's about being with friends,

822
01:12:42,200 --> 01:12:46,760
you win, you lose, potato, potato, it's a wazzy, it's a woozy, whatever, man.

823
01:12:47,320 --> 01:12:52,760
But if like, if there's something who really fucking cares, who really cares a lot, then it's

824
01:12:52,760 --> 01:12:58,200
like, I think it's more about the person you're across the table from like, if somebody is getting

825
01:12:58,200 --> 01:13:04,120
into it, oh, then we're going to get into it. Like, and then, then, yeah, then sure. I don't want to,

826
01:13:04,120 --> 01:13:08,280
like, and then if you get into it, and then just because of bad dice rolls or whatever,

827
01:13:08,280 --> 01:13:13,720
you lose to somebody whose strat was way worse, you just kind of like, ah, come on, man. Come on.

828
01:13:13,720 --> 01:13:19,480
Ridiculous. What games are you playing? I'm curious. That has a strategy and dice.

829
01:13:20,760 --> 01:13:24,920
No, no, I've got quite a few games that are like, I've got like a couple of three plus hundred

830
01:13:24,920 --> 01:13:28,520
dollar board games. So I'm just curious what you're referring to. Okay, hang on, which, which, which,

831
01:13:28,520 --> 01:13:32,600
which board games you work? Hang on, hang on, hang on, hang on,

832
01:13:33,240 --> 01:13:38,600
Schiltz, do you not have a dedicated games playing table?

833
01:13:40,520 --> 01:13:47,240
I do, actually. Yes, I spend like $4,000 on it. Hold on, hold on, I can pull this bad boy.

834
01:13:47,240 --> 01:13:50,040
Wait, what? I maybe would not have specified.

835
01:13:50,040 --> 01:13:55,640
Oh, wait, my follow up question is going to be answered by America, right?

836
01:13:55,640 --> 01:14:01,480
I was about to say, how the fuck do you have the space for a dedicated fucking gaming table?

837
01:14:01,480 --> 01:14:06,840
So, okay, yeah, so I'll put a link in the chat. So where the fuck are you going to put that,

838
01:14:06,840 --> 01:14:11,640
Schiltz? So it's not going to be. So the reason why it works as a dedicated gaming table is because

839
01:14:12,600 --> 01:14:17,000
the top slats come off. And so it has a vault inside that you can put your board games inside

840
01:14:17,000 --> 01:14:21,000
of. And then when you want to use it as a table again, you just put the slots, slots back on top

841
01:14:21,000 --> 01:14:27,320
of. Oh, so it can be used as a regular table as well. Yes, exactly. Yeah. Yeah, I looked at the

842
01:14:27,320 --> 01:14:35,160
link. The most fucking decadent table I've ever seen in my entire life. I can't believe it has a

843
01:14:35,880 --> 01:14:41,960
it has a bloody turning. I'm not getting that one. That one's like $15,000. That is not what I'm

844
01:14:41,960 --> 01:14:47,080
getting. Okay. It's minus like, minus their modular gaming table where it's like their

845
01:14:47,080 --> 01:14:52,040
cheap version. I don't have the one where you crank and the vault goes up. That is amazing.

846
01:14:52,040 --> 01:14:57,720
I would love to have it. I am not putting that much money into it. That is like astonishing,

847
01:14:57,720 --> 01:15:03,720
genuinely astonishing. Would you buy the man who has everything you buy a table with a cranky,

848
01:15:03,720 --> 01:15:10,600
rotaty thing? That's wild. That's totally insane. So it can be optioned to right, Schiltz, with

849
01:15:10,600 --> 01:15:16,200
like drink holders and like little card things. Oh, yeah. Oh, yeah. There's all sorts of accessories

850
01:15:16,200 --> 01:15:21,160
that I have coming for it. Oh, you better believe it. Well, so the thing is, though, I'm more

851
01:15:21,160 --> 01:15:25,080
interested in using it for role playing than I am for board games, right? Which is like a completely

852
01:15:25,080 --> 01:15:29,800
different section. So like board games really enjoy board games. They're fantastic. But role

853
01:15:29,800 --> 01:15:35,960
playing is where I really like Dungeons and Dragons and I'm not a huge fun Dungeons and Dragons fan,

854
01:15:35,960 --> 01:15:40,920
but as that example, everyone knows those Dungeons and Dragons. Love playing Dungeons and Dragons.

855
01:15:40,920 --> 01:15:47,240
I mean, for one, Woods of the Coast are huge assholes. So that's like for number one. Like

856
01:15:47,240 --> 01:15:51,800
very recently, they're playing on changing the licensing for us so that anyone who basically

857
01:15:51,800 --> 01:15:57,240
used the words in like YouTube would have to pay them for just saying it. Like their license right

858
01:15:57,240 --> 01:16:03,320
now is pretty good. Or they reverted it to its old one, which is good. You have got an open ability

859
01:16:03,320 --> 01:16:08,120
to use like fighters, whether it's whatever, whereas before they were going really hardcore into it.

860
01:16:08,120 --> 01:16:11,880
But Woods of the Coast is awful. Dungeons and Dragons is just not very creative. There are

861
01:16:11,880 --> 01:16:16,680
some way more interesting settings out there than Dungeons and Dragons. So I'm sorry.

862
01:16:16,680 --> 01:16:24,520
I mean, I don't play. I know a fair few people that do that. And the one, the kind of Lovecraftian

863
01:16:24,520 --> 01:16:31,800
one, whatever that one's called. Call Cthulhu, yeah. Yeah. And then the Cyberpunk-y one, is that

864
01:16:31,800 --> 01:16:38,600
Netrun? There's a couple. There's Shadowrun. There's also just Cyberpunk. Like that's just Ava.

865
01:16:38,600 --> 01:16:42,120
I think it's the one with Run in the name. Yeah. So I think that's Shadowrun.

866
01:16:42,120 --> 01:16:46,120
Okay. But I don't have any direct experience of them. So that's the end of my,

867
01:16:46,120 --> 01:16:51,080
I don't have anything useful to add. Sorry. I love them. I think they're amazing. I haven't

868
01:16:51,080 --> 01:16:55,000
been able to do it for a long time because like I used to have a really like close crew. We'd do

869
01:16:55,000 --> 01:16:59,960
it every week. And then COVID hit and my friend group basically exploded after that because

870
01:16:59,960 --> 01:17:03,880
people moved off the place because they wanted to get away from the city and blah, blah, blah, blah.

871
01:17:04,760 --> 01:17:07,560
But I've been able to play actually quite a while and it's very sad.

872
01:17:08,520 --> 01:17:13,560
That is kind of a bummer. I've decided that one of my dad's personas is to get back into

873
01:17:14,360 --> 01:17:21,560
that kind of stuff. Because during COVID, we were doing like worms, like playing worms online

874
01:17:21,560 --> 01:17:27,400
every week, like doing like six rounds. It got really competitive actually. Everybody was tracking

875
01:17:27,400 --> 01:17:33,400
their kill death ratio and everything. But I'm just like, okay, well now we don't do like,

876
01:17:33,400 --> 01:17:36,680
I don't really have any kind of regular things in. I'm just like, okay, let's give me a table

877
01:17:36,680 --> 01:17:41,240
set. Table top gaming, get back into it. That's what we're going to do. That's my plan. I just

878
01:17:41,240 --> 01:17:46,840
need to fucking like a, it's like marketing your shit coin actually. You need to just like, or

879
01:17:46,840 --> 01:17:52,120
heroin, you need to give people their first taste free, you know, like kind of get them into it,

880
01:17:52,120 --> 01:17:55,160
like give them a free couple of models or a rule book or some shit.

881
01:17:55,160 --> 01:18:00,760
Do you have to register to sell heroin? I'm pretty sure that's just straight up illegal.

882
01:18:01,400 --> 01:18:06,840
I think if you just give somebody a couple of like games workshop minis, you don't have to

883
01:18:06,840 --> 01:18:12,200
register with the FCA, but I'm not a lawyer. If you're trying to market your games night,

884
01:18:12,200 --> 01:18:17,240
possibly that's a cult or a Ponzi. I don't know which you might need to register with

885
01:18:17,240 --> 01:18:22,600
the financial conduct authority, but I suspect not. Well, a mini is like an NFT. And since you

886
01:18:22,600 --> 01:18:26,040
don't have to register if you sell an NFT, you probably wouldn't.

887
01:18:26,040 --> 01:18:32,040
You're probably okay. I've actually, this is massively off topic now, but I've been,

888
01:18:32,040 --> 01:18:37,880
I've actually been recently in some sleep, the sleep deprived thing,

889
01:18:39,000 --> 01:18:43,720
but trying to do something useful with the time. I got shoved, I got given a big box of stuff

890
01:18:44,280 --> 01:18:50,040
from by my parents from the loft. And in it was a bunch of Warhammer from when I was like 12.

891
01:18:50,040 --> 01:18:54,600
And it's shit. It's so badly done. It's so badly painted, it's really badly assembled, whatever.

892
01:18:55,160 --> 01:19:02,120
And I've decided, I've basically kit bashing my bullshit 12 year old attempts and then stripping

893
01:19:02,120 --> 01:19:09,000
the pain, but then kit bashing them into valid models for the current meta. And at some point,

894
01:19:09,000 --> 01:19:12,760
I'll get around. To be honest, actually, the problem I've always found with minis is that

895
01:19:12,760 --> 01:19:18,440
assembling them is really fun and I really love kit bashing, but actually painting is a massive,

896
01:19:18,440 --> 01:19:23,160
massive time sink. So that's, don't know if I'll actually ever get them painted, but I hope I will.

897
01:19:24,280 --> 01:19:29,560
Have you seen the Warhammer space marines memes on YouTube?

898
01:19:30,600 --> 01:19:39,800
No, I don't. I got it. I'll send you. I will enjoy presumably, I wasn't marine's player back in the

899
01:19:39,800 --> 01:19:47,320
day. But yeah, whatever. Anyway, yeah, the only thing I was thinking about that gaming table

900
01:19:47,320 --> 01:19:52,680
was that of like my kind of tabletop game of choice. I don't know if it's a choice. It's the

901
01:19:52,680 --> 01:19:59,160
only one I really have done any of it recently is a team Yankee and you need a six by four foot

902
01:19:59,160 --> 01:20:03,720
table. So that would be quite, that's I think bigger than that gaming table that you posted

903
01:20:04,440 --> 01:20:09,400
quite a bit. Like also, who the fuck has space for a six by four fucking table? I mean, I don't.

904
01:20:09,400 --> 01:20:15,560
That's the problem. Yeah, I don't really either. I'll make it work though. Yeah. At the moment,

905
01:20:15,560 --> 01:20:21,320
I guess it's just going to be on the floor like kids, but we're kind of fired, I guess, you know,

906
01:20:21,320 --> 01:20:29,000
revert to form. Yeah, so validating, huh? This is kind of a late topic put at the end. But honestly,

907
01:20:29,000 --> 01:20:33,080
there have been a lot of great validators popping up in chat that I hadn't seen before.

908
01:20:33,080 --> 01:20:36,760
Like I've started to see people fall off the end of sets and seeing new people come back in that

909
01:20:36,760 --> 01:20:42,280
I actually really enjoy. There was some there's some good characters popping in there have unfortunately

910
01:20:42,280 --> 01:20:50,200
have been people dropping out too. And I mean, you know, a year or more is a long time. Yeah,

911
01:20:50,200 --> 01:20:55,880
people do just constantly run at a loss. And you got to remember like a lot of the validators

912
01:20:55,880 --> 01:21:03,400
are hobbyists. And, you know, it seems like a good thing to get into. And then you're kind of stuck.

913
01:21:04,120 --> 01:21:10,440
And I guess you're always just hoping that the next bull run is around the corner, but it doesn't

914
01:21:10,440 --> 01:21:16,040
necessarily work out that way. The next one is the leap home, right? Yeah, exactly. So,

915
01:21:16,680 --> 01:21:21,960
you know, people looking to try and, you know, recover their their inputs over, you know,

916
01:21:21,960 --> 01:21:26,840
12 or 18 months or whatever. And then that not eventually waiting and then, you know,

917
01:21:26,840 --> 01:21:32,920
eventually having to capitulate and go back to not doing that. A lot of people support their

918
01:21:32,920 --> 01:21:39,720
validators with their nine to five. Like it's, I think everyone out there thinks it's like this

919
01:21:39,720 --> 01:21:45,400
glorious thing where you just make money hand over fist, but not necessarily the case. So,

920
01:21:46,920 --> 01:21:53,240
yeah, unfortunate to see that some people have been shaken out. But, you know, also good to see

921
01:21:53,800 --> 01:21:58,280
more people entering the space. It's always good to have like more minds on the job, you know,

922
01:21:58,280 --> 01:22:02,840
I think you're seeing that a bit more with like whenever an upgrade goes a bit funny. Now I'm

923
01:22:02,840 --> 01:22:09,640
seeing more status notifications of like validators then going inactive and then not coming back online.

924
01:22:09,640 --> 01:22:14,600
And I think those are just on, they're basically unattended validators and even some of those are

925
01:22:14,600 --> 01:22:19,480
from larger validation companies and they've just, I guess they just

926
01:22:20,840 --> 01:22:25,160
Well, they probably put this off numbers as well. Yeah. And it's like just not the coverage that

927
01:22:25,160 --> 01:22:29,480
they need to be across everything. Yeah. It used to see like the odd thing where I like somebody

928
01:22:29,480 --> 01:22:35,240
will get pinged and it's just a dead discord name. And that's presumably where that I haven't seen.

929
01:22:35,800 --> 01:22:39,160
Yeah. I've seen that a couple of times. You see, it says like people have an upgrade to the new

930
01:22:39,160 --> 01:22:43,240
discord name format. It would just say like discord user, but it's usually because somebody,

931
01:22:43,240 --> 01:22:49,160
I guess, had a work account and they killed it off. Yeah. It's unfortunate to see, but, you know,

932
01:22:49,160 --> 01:23:00,680
that's crypto.