to, I put a single letter. So like regards, yours sincerely or whatever. And then like,
but it's still like a boomer, like a like a letter rather than like,
wait, wait, wait, wait, you bring in regards and sincerely right next to each other regards, comma,
no, I'm not regards, your sincerely because grammatically that would be
like complete garbage, like a good regards or your sincerely.
You don't use cheers. Isn't that like against the law over there?
Cheat like not in a not in the business email.
Context, you know, cheers is cheers would be like, cheers would be like, you're fired.
That would be like, go fuck yourself. Cheers.
Welcome to Game of Nodes, a weekly podcast from independent validator teams.
Welcome to Game of Nodes, a weekly podcast from independent validator teams. And
something has obviously just come up. The server racks on fire clearly at Rhino HQ.
So, and I thought I could hear some banging over there earlier.
Was there actually some banging? Yeah, we were to yeah, what's the
intern installing the new fucking server?
And there's like a very strong thing where my my level of facial hair struck like really
closely tracks my mental state at any given time. So you can see right now,
fucking riding high. Things are great. We're in the artifact t-shirt. This is a great t-shirt,
by the way. It's the only t-shirt I own in this color. But like, I always whenever I see it,
like, you know, the Marie Kondo thing where you just roll up t-shirts rather than try and
fold them. I'm way too late. I'm barely even got the energy ever to fucking just roll the
fuckers. But you know, you're like, you're like, hmm, today's today's going to be an okay day.
And then you reach up and you see the baby blue artifact t-shirt like rolled Marie Kondoed on the
edge of the like in your cupboard. And you're like, today's an artifact day. I'm going to treat myself.
I'm going to treat myself to artifact staking today sponsors of this podcast.
They're actually they actually don't sponsor this podcast, but they should be about I think
this must be the second or third time I've talked about how much I like this t-shirt on this podcast.
There are literally tens of regular listeners, all of which have probably already long, long ago
staked all of their Cosmos shitcoins with another provider. But never if you want to
stake outside of Cosmos or on any chain that needlecast do not run on, then please consider staking
with the other three validators around this call. I don't know if anybody actually knows if everybody's
all four of us do run nodes for just want to make sure everybody clear that we're not just
making recommendations about the validators that are part of this podcast. Yeah, but there are
different I think there are different levels of commitment to the bit on there at this point.
I know 18 months into a bear market or whatever point we are now 1415 months into a bear market
16. It's kind of like May was the slip was made the slip. Yeah, there was something around that
whatever watch, March, March, what is the Dan coming? When did Tara happen? That was March.
Month now. So are we going to call that 15 months or 90 or 15 months or 17 months? What do you
reckon? It just seems like let me consult with my accountant before making any statements about
the condition of the market. Yes, so delegations though and staking. We got a lot of heat this
last week from people threatening that and it's such a good threat. Like so here's what happened.
So white whales looking for liquidity matching and they wanted 600,000 Juneau in Juneau from the
Juneau Community Fund, I think. And so we voted no one in like no, that's like that's like 5%
of Juneau's market cap that you're asking for. Absolutely not. And so I got like firestormed
on Twitter about from the white whale folks because they're like you voted yes from Tara for
this same prop like yeah. And it's also like 10 times plus larger. So it's not as big of a deal.
And all these people lavender five has fallen from grace. I'm going to undeligate everything.
I'm sorry. You're going to put grace for fucking white whale.
Yeah. So I was like, okay, yeah, whatever. And I heard him in
despite this is why you expression. I'm obviously neutral on this one very, very
you are abstaining only because you're on that one because it was but that facial expression,
you didn't see it. I didn't react. Once you start making a decision, you're going to take heat from
one of the camps. If you make no decision, you'll be fine. Just abstain. Well, Erdeman,
because it's Erdeman, he was all sassy about it to respond on Twitter. And I was like,
that's why I like Erdeman. Was he just like, actually, I think you'll find the this and this
and this. And if you read into it, you will find this and this and this because that would be like
that would be the most Dutch. He also won't yes, but also he was like, well, also,
so if you would prefer validators that don't like pay attention to their voting, then please go
ahead and delegate elsewhere. It was just over the place. That is classic. But consider if all
validators did the opposite of what you're suggesting, then this would happen. Yeah.
Yeah, I represent that. I would be angry. I'm just trying to resemble that remark there.
You fight me with all these consequences. I'm changing my whole opinion on these
governance type of props like this. Your argument is 100% correct. It's totally correct.
At the same time, there's a limited lifespan of all these types of chains. And we're just going
to throw them like I wrote like no point in steering now. Sure, what the fuck? Let's try it.
If it doesn't, then we're at a new low. We have to try the next thing. We try the next thing.
And we try the next thing. I'm kind of now. Your million monkeys, million typewriters is the
Rhino perspective at this point in the bear market. None of these ideas seem any better than
none of the previous ideas. So what's the fucking difference? That pretty much, I think, was my
reaction to the open sourcing of the Dowdow front end as it happens. Yeah. Well, yeah,
we talked about that one too. But I love that. I love your like little references that you put
in your governance comments. Nobody gets that one though. The why both the steering now one was
hilarious after you explained it. So I'm my I'll put a link in there without my vote for this.
If you said yes, why like what's no point in steering now is what it's from. And that's
some strange brew reference. So they get there. If you remember Bob and Doug, they're breaks cut
and they're running down the they're heading out of the van towards the river. And then
Bob just goes no point in steering now because like there's no breaks or anything else. So you
take off, you grab that wheel. So anyway, so everybody can get like,
show everyone here. Take your coffee break daily and just go and read Serp's fucking
governance comment of the day for a friendly UI for a soft vote, don't we? You know,
the vote weighted where it's just like troll vote. Maybe that's maybe that's on the maybe we're
looking for applications for the game and all the website. That's a perfect one.
To be fair, we should just make a game and those website where all you can do is validate
your is click on the bottom. It just doesn't vote weight. It just connects to capital. 25%
for it. Exactly. That would be sweet. I like it. Maybe I should just do that.
Feel like it's our website governance. Our website should just be the screen with our
stupid logo in the middle. You click on the logo and it just asks you for your seed phrase.
That was your website, wasn't it?
Yeah. I mean, 75 iterations of that same website. I can recycle the code.
I remember being on a this was like this classic bull market behavior. I remember being on a group
call with the budget people trying to debug your website. About 15 months ago, we must have been
because it must have been when there was when money was still a thing. Yeah. Yeah, that was
the group call with everybody I know trying to figure out how to make my APR thing work properly.
It was just like, oh, you can just do anything. I just realized the other day that it's been
broken for 15 months in the actual head a bit where that doesn't work. So I need to review that
at some point. To be honest, my website's pretty low on my list of priorities. I should probably
remedy that. Yeah. I mean, it depends whether you get much inbound dollar reduced from it. Like
it gets like about maybe two views a day. So that's something. It's I'm getting my name out there,
man. That's me. I'm just testing it for you. Yeah. It's my website monitor to see if it's still a
week's syrup checks twice a day to see if I've actually done my terms and conditions yet. So
you can help me base them. I have a separate website is has King Node fixed their website yet.
That just pings it every day and then just keeps it all. Nope. Nope. Nope.
We can quite easy do a game of notes website where I say has given us actually bought that
website yet and just says no. No. Slice 72. I'm thinking of pick a really bad like tight face like
Times New Roman or Georgia. Nobody likes Georgia. Papyrus. Is there a papyrus web font? Does that
even work? Yeah, you think so? Yeah. Oh, of course you can because you know, CSS 3. A website
entirely written in winged virus. Winged. Well, you could just you just use Unicode emojis and
that would just be completely valid. To be fair, we'll be quite fun to write an entire website
where the only thing on the page at any given time was emojis. Oh, my goodness.
Science. We're talking like ASCII art with emojis. That would be sweet. Oh, like,
I mean, ASCII art. ASCII art is fantastic. It's so fun. I fucking love ASCII art.
Let me too. So hard to get into a web page because like you need to be responsive. And then
if it gets even slightly broken, the whole effect is lost. Look at you flexing your knowledge
using words like responsive. That's such a funny word. That doesn't mean anywhere what you think
it means. Like, no, it's just it's like the size of the screen. I remember the first time when I
was learning web dev reading that word and I was like, I feel like I was going to be chasing around
a button on the screen. It's like make it responsive. Yeah, or like it like loads faster
something. Or you click on the button and it's like, Hey, hey. Well, I mean, that's that's that's
more like caching, isn't it? Or something. I don't know. Responsive. It yells at you when you do stuff.
That's responding. Yeah, responsive.
It's something like being responsive, right?
I don't know. I mean, idiomatically, I think you'd mainly use responsive. It's usually used in
medical contents context, isn't it? Like it's the patient responsive. You wouldn't say somebody is
like, maybe you say something is, are they responsive on email? No, you'd say like, they
don't respond very quickly to emails. You'd use the full sentence like responsive is very much
like the breathing, not breathing. So like the health checks on Noel's website? Yeah, exactly.
Is is Noel's website fixed yet? Meg? No.
That even need to check the assumption. Nope. Nope. Nope. I don't know why I'm looking in that
direction. It's like, there's actually just as you can see a fucking baby gym there.
Well, because then you're looking at Noel is the thing. That's why I look for me. So totally
checked out. He's actually just over on that side of the room. This is all just a separate scam.
A Brady Bunch. You gotta like do that. Look up. Holy shit.
I think your marker just got really fucking lit. I think we did find it. Yeah, it is. Sorry.
I think in the help, you need to move that to the other side of the room, dude. I think on a
really good subject. Okay, those didn't we pull that scan in like May last year. I can hear your
hair follicles growing. I'm you. Oh, fuck me. It's loud. You are quite loud. Your mind is gone
real loud. Yeah. And not so that we can hear the banging in the screwing in the background.
You better check your wife. Hey, yo. Hey, yo.
Yeah. So how was everyone's week being anyway, man? I've been fucking busy. I don't even know
what I've been doing, but I've been fucking busy. Busy. Is that better? How am I doing there?
It's still quite loud. Crisp and loud. Which is very good. There's no distortion of loudness.
How about now? Is that better? Yeah. Yeah, it's a bit way better. Yeah. I had it on the
streamier, like auto adjust, which then I just turned it off and jacked it down.
Jacked it. No one. I could hear you're very loud and very clear through my studio speakers was
making my Gucci rattle. So before we get on to the news, Ben Davis has asked if Game of Nose was
a font. What font would it be? It would be Wingdings. No, it's Mark. No, it's price down.
It's the game. It's the game. It's the same font we've used for Game of Nose logo. It's the
wasted font for Grand Theft Auto. Those are the two energies of Game of Nose.
Yeah. I think that's the obvious answer. Or that like the PlayStation 3 font.
Yeah. We have like a lot. We didn't actually get printed, but we there's a t-shirt design that
says I dump shitcoins in the wasted font from Grand Theft Auto. It's actually quite a funny
t-shirt. Sure, there is. We still need that one printed. You know what? Someone's gonna be
designed for that. I'm just gonna make it happen because I'm sick of us talking about it and me
getting excited about it and then not being printed. Wait, that would be down now. With the
two dudes. Is that the one we're talking about? I know we have a different one. We have a lot of
it's about to be a bunch of token unlocks in the coming week, right? We should not on this
cool, but on a different cool workout. How many shitcoins we want to throw into the dow to maybe
print some t-shirts? That's true. Is that safe with the state of Juneau right now?
You know, we'd have more tokens. The state of Juneau, I mean, the white whale bit or which bit?
Which of the many current existential crises in the cosmos are we talking about?
And into the news, no, but also which one? Sir, you are like extremely quiet now.
No, the adaptive camera is fucking terrifying. Just fucking pleasing you.
Yeah, I've got the actually, mine seems really not very loud.
You sound like you're loud. Yeah, you're fine. Yeah. I've got the
the iPhone tapes to my monitor again. So I'm back at the office. So yeah, I like the
office. You mean the parent's basement? Look, you don't need to be like that, right?
You don't need to be a fussy guy with an office. You too could be a validator living in your
parents' basement. If you have a Raspberry Pi, you can be on the board of the ICF.
I have a collection of Raspberry Pi's. Before we move on. I could hope so. It's a validator.
You can see your refrigerator from your bed. You know you've made it.
If you can't see your refrigerator from your bed, then by definition, you can't see your beer from
your bed. And then by definition, you're not in Australia, right? So I actually had to have
a graph enough question really from my desk this morning because all I could smell was like
stale beer and all the fucking tins and shit on my desk. It was like, don't tell people that.
Too bad if I don't tell people that. My desk is big enough to have enough cans on it that I can
smell stale beer out of them. My desk for the first time in about eight days does not have
any half-painted models on it because I finished speed painting an army.
This is a big achievement. You've been working on this for the 15 months of bear market, right?
Oh, no. I speed painted two armies in the spring and summer and I have speed painted an army for
a completely different game in the last 10 days, which actually is not that speedy really.
Where do you find the energy? I was doing other stuff too. I also filled some holes inside the
house which were, I believe, discussed in a previous episode, big holes. You're an inspiration.
Well, you asked about 10 minutes ago how things were going. I was like, well,
no holes inside my house right now. So I finished it. I shaved my face, got an artifact t-shirt.
I mean, things are really looking up this Wednesday. That's what I'm saying.
You know, I think, sounds marked, but I think our greatest advertising allies are each other.
Like none of us really wear our own shit. I mean, you did for a while, but
no one else, well, CERP was wearing the hat for a bit. But if any of us make anything decent,
the other people wear it. They're like, yeah, I'll wear that. I don't like that shit.
Lavender's logo is totally fucking sick. Like literally, put it on a baby blue t-shirt.
I'll wear it for Wednesday. That's still what it's like.
It's a good one. Lavender logo, baby blue t-shirt. Let's talk. Let's make it happen.
I've tried so many, hold on one second. Anyone would assume that I work for
11 to five because it's like the only sticker on my laptop?
I've tried so many different ways of putting it on things and it just never looks right to me.
And that's the problem. Like, what else? It, what else? It's Schiltz's hats. He's like,
oh, you want one of these beanies? I'm like, no.
You're putting it in white or is it, it's like in black or is it what's the?
I don't know. I don't know what exactly like is about it that I just, it doesn't like ring,
it doesn't call to me. It doesn't seem right, but obviously no agrees. Like I showed them,
like it's a gray background and like it's a high quality beanie. It just doesn't,
I don't know. I don't have like that design skill to make it work. I just know that I don't like it.
You just need to like slightly off black and invert the black on the lavender logo to white.
Oh, I've tried that. That doesn't look good.
Really? Yeah. Unfortunately. It makes it look really funky. Here, I'll, I'll send you like
some designs that I had done for it. Okay. Dr. Frey, there is, there is something about that
beanie that makes you not want to be in the same room as it. Yeah. I'll have to take your word for
it then. You want to put it in a locked box when you go to sleep. Make sure it doesn't come, come
back out. Hey, listen, I, your King knows t-shirt. I mean, people in glass houses, that was pretty
bad. That was pretty bad for everybody who doesn't know that, but I never saw the real thing. It
was probably, I mean, cheaply done. Oh yeah. Well, it seemed expensive to me, but it was like
not great. The printing, the people who printed it like did not do a good job at printing it.
Yeah. With, you know, like any quality, you know, ink at all. So the biggest part that I fucked up,
that I'm getting pops, the biggest part that I fucked up was that I, like I didn't, you have to
choose where to put the fucking logo on your, like in space. And it's got like this, you know,
picture of a shirt and you're like dragging the thing around. I'm like, well, you want it off to
the side, right? Surely like as far to the side as you can get, like would be on your chest,
I assumed. Well, apparently it's probably more like underneath your armpit. So there's like
these logos, which are hanging off the side of your chest and it might look fucking dumb.
Well, the correct answer is you always go like a hand width below the collar.
Yeah. How do you measure a hand width on the fucking screen? Like,
Well, you extrapolate, don't you? You look at the picture and you go, well, that's the thing.
And you look at the picture. You look at the t-shirt and you go, oh, it's about that far.
Like, wouldn't the printer have looked at that and gone, geez, that's pretty fucking dumb.
Maybe I'll send him an email. Yeah. Like they should have it. They should have a,
like, what the hell, a non-shith printer. They tend to get in touch with you if you
fuck anything up. Yeah. This guy's got a really good reason for putting the logo under the
armpit. It sounds like maybe you went for a very cheap printer or a very not very good one.
Don't come around here with you. Come around here, right? Well, I'm just saying, like, if you spend
a little bit, if you spend a little bit more, you end up with a usable t-shirt that people want to wear.
And it was a, it was a last minute thing. So, I mean, this is, this is kind of why you're not
on the t-shirt now. So our sub-design, we purposely let you off. I'm taking it as a learning experience.
I can do better next time. I kept it. It's up in my drawer. I want to pull 10 years from now after
you. You're branding master. I'm going to say, look, right now, Artifact has like, he's storing
him full of indefinite shit in his apartment. So as far as you know, they're still there.
You surf, you surf for like 10 years time, like gets it out, whistfully looks at it and it's just like,
so unfortunate what happened to him.
Just like a single tear, the single tear unbidded rolls down his cheek as he folds it up.
He's like, good night. He's like, make it into a bandana.
Puts it back into the box, closes it. John even said to me, he's like,
how are you going to get this stuff home, man? I'm like, I'm not taking that shit home.
You're taking it home. He took it home.
Kind of plain, right? Brought that shit home. Yeah, you're like, fucking, that works.
So people went to lengths to help me with that. And I have to say it was not worth it.
The wrong people. That's the wrong people. The wrong questions.
All right, let's bring it back.
Let's bring it back. We have missed three weeks. Does that mean we get three treats today?
Okay, so should we replace the three to the week with the usurper vote?
Around clockwise, right? You set the vote of the week.
First of all, Null, tell me when to stop. Okay. Stop.
And which page left or right? Right. And which first one?
Five. Okay. The category is gaming. The tweet. The vagina monologues.
But for gaming, it really makes you think. Okay.
Kind of feel like you need to be familiar with the vagina monologues.
Conception. Remember why we...
This is like a skipping question.
Usurper.
Oh, are we doing it again?
Yeah. Same one.
How many are we doing?
Three.
Wait, that was it. That was the entire tweet. No, I want to stop in the sex category.
Okay, so you need to say when. Let's say stop.
I don't know the book though. Keep going. Right there.
Let's close it up.
We are in the section. This is a bit meta called Twitter.
Left page or right page?
Left bottom.
Wait, you're booked in automatically update to call it X instead of Twitter.
I might have a functionality.
Links in certain versions of the app client are actually currently broken
because it doesn't understand that it's now no longer Twitter.com. It's x.com.
Really?
And they're just broken. They're fucking broken.
Like deep links.
Okay. Spending my weekend retooling a joke about fucking the tiny little hole in the bathroom sink
that prevents the water level from increasing too much.
I like that one.
Good. Read that again.
Good energy.
I don't know.
Do we have to...
Let the book go. It's gone.
It's gone until this time. You have to rewatch this episode now.
Right. Short seat. Say when.
Just let it go.
When?
When. Just let it go.
This is again in the Twitter section.
Must be a big section.
Left or right page?
Left the bottom one.
Me. Me colon.
Sorry, I must turn down your offer to join the mafia
as it had disappointed my friends on Twitter.
The mafia colon.
The mafia respects your decision.
Are we the mafia in this analogy?
I don't even know there's an analogy there.
And then block pain is me?
Maybe.
Yes.
All right.
It's like a Chinese function, fortune cookie.
That's what it feels like.
I think you might need to do some pre-selection on these.
I want to have the random thing that I'm working on.
It needs to let fortune cookies narrow the list.
Yeah, you need a little bit of them.
Fortune cookies are a precious bunch as well.
Like, so I had a job.
I was going on it for a job interview or something like this.
And the day after, we were like in a big Asian supermarket,
like a cash and carry, like a wholesalers.
They had big floor to ceiling warehouse of just stuff.
And I was like, holy fuck, you can buy loads of stuff here.
Huge quantities, like four kilos of ramen noodles,
like 24 cans of A&W or like 48 or some ridiculous number,
like fucking 10 kilos of fucking A&W or whatever.
And they have like a five kilo box of fortune cookies.
And I was like, damn, that's a lot of fortune cookies
because they're mostly air, right?
I was like, if I get that job tomorrow,
I'll come back and buy that box.
And then I did get the job and I bought this box
and it's like the size of me, it's huge.
And it was just sat in the corner of our flat in the living room.
And anytime anybody came over, we were like, hey, Matt,
do you want a fortune cookie?
And people were like, yeah, sure I have a fortune cookie.
Now, yeah, do you want to take like 400 with you because we've got.
And we had like, the whole flat was like,
every surface was covered in the little ticker tapes
because we just, we were just like every time,
we drink a lot of tea in this country, right?
Every time you have a cup of tea, you're just like,
do you want a fortune cookie?
Yeah, all right, fuck it.
Like, you know, we've got a lot to get through, man.
And so we just, we had, we could have wallpapered the place
in fortune cookie things.
And you know what?
Surprisingly, few of them are duplicated.
That's the weirdest thing.
They got somebody fucking knocking out those one liners,
like really pulling hard, putting in the work.
I don't know what to say.
That guy or gal or massive team of underpaid migrant labor
or whatever it is.
A bunch of interns.
A bunch of interns, yeah.
Working hard, not hardly working like the rest of us.
Pretty working as the future.
Hardly working as a smart bet, to be fair.
That's the goal.
Yeah.
I mean, this last week, shit, I've been fucking hardly working.
It's been absolutely great.
It turns out that there is no substitute for actually taking time off
where you don't do work to get over burnout.
Who knew?
Who, who knew?
Yeah.
I mean, it turns out like for the last like year,
I've been like, oh fuck, I'm so burnt out.
I better just like try and do some code on this other project.
That will get me over my burnout from this other thing.
And it's just like, yeah, no, it turns out you just need
to actually like take a week off and go play with your son.
And that's, that's what you need to do.
I will be going to play with some dirt under my feet
for the next week.
Of touching grass.
Yeah.
I think it'll be touching snow.
I think it's actually been fucking snowing up on that hill for the last week.
So where are you going?
So I don't want to say because I don't want people to like.
I mean, Australia's pretty big, right?
So you can give like the exact like what three words reference.
And then if you could also give the specific address.
The coordinates.
Coordinates.
Yes, we could go rob your office while you're away touching dirt.
That'd be great.
I'll give you my E-PURB serial number.
So when I pop it, you can come and fucking save me.
I don't know what that is when you pop your number.
You know, you know what an E-PURB?
Like a PLB, personal locator beacon.
If you break your leg in the wilderness.
Okay.
Yeah, yeah, yeah, yeah, got it.
Pop your PLB and they come with the helicopter.
I really think I'm the wrong person for that.
Like me having to fly like 30 hours to get to you.
No, I don't think so.
He's gonna make it.
Yeah, actually that was, um, that was an interesting like little segue of, uh,
investigation into the, the PLBs because did you know that iPhone 14 plug out to, uh,
to Apple has a built-in satellite two way emergency communication now.
It is pretty impressive.
I mean, not the most rugged device, but, uh, I gave it a little testy test,
went out and pointed it towards the sky and, uh, got a connection in no time.
I think it'll be very handy.
It's actually way more functional than the PLB.
The new iPhone or just a watch?
You know, the river.
No, the, the iPhone you, you really, yeah.
Yeah.
It works on the, I think it's the, maybe not the Iridium satellites,
but like one of those types of networks.
And they have like local emergency services, uh, relays and stuff.
They got like in Australia, the US, Canada.
I assume that also requires a subscription, right?
No, uh, I read somewhere free for the first two years of release, but yeah,
I don't know if that's going to, if they just keep it free.
They haven't figured out if they're going to monetize it.
I think you're what they're going to do with it, but I might, I mean,
I would think you just, I'm not like the cost can't be ridiculous,
but I don't know in their, in their, in their fucking P and L,
I would think that it would be worthwhile just to put on there for free, right?
Yeah.
So the thing is that like to have like what you've got, the in, in reach, um,
has an SOS thing on it, Schiltzi.
It's got the two way SOS, but the, the subscriptions for those in Australia
is quite expensive for that in reach.
It's $35 a month for me.
Yeah.
And if you're not like hiking often, $35 is like a fair bit.
Oh yeah.
It's huge.
Be fucking paying out the door every month for something that sits on the shelf.
This is such a Australian slash American thing.
Like in the UK, there's no, most of Europe,
for fuck's sake, there's no wilderness that isn't, you'll be like,
you'll be like, oh God, what happens to me here?
I've only got three G.
Like I probably can't stream the YouTube video.
Oh, you're like, there's no wilderness that's not connected.
Yeah.
I don't know.
Like surely those apps must be like out of service.
No, I remember back in the day, like back in the day, yeah,
if you went like hiking in the Alps or something, yeah, you,
you would be out of service pretty quick.
No one knows a teenager or something.
I remember doing like some long hikes, you know, mountains.
But now you're just like, yeah, I mean, whoa, I mean, the chain halt,
the first one happened when I was up a mountain.
I was literally up a mountain and I got a text from Max, I think,
being like, dude, turn on your data.
Cause I just, I like, I got like a couple of page duty thing,
like cause I had, they, what at that point,
we'd screwed up our notifications or whatever.
So they'd gone off silently.
But for whatever reason, my phone was not on silence.
So then Max texted me, it rang through and I was like, oh,
oh, and I have a bunch of page duty.
Oh, and it was like, yeah, turn on your data.
I was like, get on, get on the train.
What the fuck's going on?
And get on the train.
Yeah.
Just like flicked on mobile data and was just like,
I got like 1800 notifications and was like, ah, something's going on.
Okey dokey then.
Looks like my holidays canceled.
The train has gone off the tracks.
Exactly.
The Gino train has gone off the tracks.
It was all very high.
It was high drama.
It was, yeah, good times.
Now you're just like, you have to just, yeah,
go put a tree branch on an intensity rail line just to feel alive.
You know, after drama like that, you're just like,
I just need to see death and destruction again.
It's actually quite difficult.
How is Max anyway?
Like I haven't seen Max in a long time.
Is he still around?
Maxi.
Max Gino, yeah.
Yeah.
Is, he's doing all right.
He's doing all right.
I mean, everybody involved in Gino who's not totally minted
has gone back to their day job in some respect, I would say.
And that's true of everybody involved in the project.
From the comms down to, you know, like obviously we focus.
Yeah, I still do some stuff from a kind of advisory perspective,
but like, you know, I'm back to contracting and focusing on
needle cast other validator stuff and you know what not.
So same for Max and other folks who have other jobs and other responsibilities.
So that's sort of about, you know, working on this and that, but,
you know, nobody's getting paid.
Nobody's been paid for a long time.
Right.
We get paid in memes men and abuse from the community.
Yeah.
I mean, that's why I don't really engage with the community anymore.
Because I'm like, I've been working on paid for a year as of now.
So to be honest, I'm not really open to too much criticism on that.
Because I don't usually like to work for free.
I mean, I worked for free for quite some time, continue to do so.
Well, before the before the chain launched, I worked for free for like
about nine months or something like that, but that's like, that's a different thing, isn't it?
Yeah.
Cosmos, Cosmos now all Cosmos validators work for free, essentially.
Yeah.
I mean, I mean, maybe not on the hub.
Look, that is, that is the nature of the beast.
And if you're, I don't think like I'm not upset about it.
But I do genuinely hope that there are some better times around the corner sometime soonish.
But yes, rather than later would be cool.
As a business, though, we expect this type of thing to happen.
So it's not like, I mean, we all talked about it on the podcast at length when prices weren't
complete garbage that it was a smart idea to sell while these tokens were worth something,
because they might not be worth something in future.
Not that that was financial advice.
I want to clarify, but just, you know, just just opinions.
Obviously.
I wonder how many of us actually sold at that time.
That's my part.
There's a difference between selling and selling as much as you should have sold
is what I would, I would answer your question with a ambiguous statement, which
let's put it this way.
I, I at one point in time had millions of dollars worth of Juno that are now worth
not enough to go out to a nice dinner.
Mm-hmm.
Easy come easy go.
There's that.
Easy come easy go.
Yes.
But you know, these, these paper dragons that we hold, it's just, you know,
you can't really call that anything until it's sold and fiat in the bank.
Yeah.
And if you're like, I don't know, like if you do to some degree need to be responsible
for business sake and, and take money off the table to be able to have a sustainable
business practice.
But also that I think in some instance, I think it's common sense is it's important
to also show face for the community as well and say, well, we, we are not selling everything
keeping some here around because I want to appear as though I think that this is
you're just saying that because you got a lot of flak for OmniFlex.
Did I?
I think I did.
I thought you did.
I think I did get flak for it, but did not notice it at all.
Like, did where was that on Twitter?
I don't know.
I don't remember, but I remember someone giving you hard time about it and I was like,
really?
Like, oh, it was a, a period.
Wait, we can sell OmniFlex?
I completely agree.
You said it was like, I don't know.
I bought that by 100%.
So, um, yeah, I mean, we sell our OmniFlex every month.
Well, actually, I don't sell it at the moment because like it's not really,
there's no point, but, um, so my community guy gets his
20%.
I think I just restake or, or just, I don't know, leave it in the wallet, whatever.
Um, why are you even creating these taxable events?
Just don't, they're not taxable events for me, but you, you need to improve your
situation.
Well, change countries.
Come to Australia.
You can like boys will be boys.
Yeah.
Boys will no longer be boys in the UK.
Yeah.
Well, why would I, why would I come to Australia?
It's just hotter with more wife beats.
Can you lose bud?
Oh, what about the drop bears?
If you have drop bears, you have a lot of marsupials, but you don't have like almost
all your trees are fucking Eucalypts.
What's up with that?
They're tasty for kangaroo koalas.
What the fuck, man?
I was driving down a road yesterday with a guy from a council and he's like, that tree's
endangered, that tree's endangered, that tree's endangered.
And I'm like, fuck man.
And they're all gonna die.
Yeah.
Climate change, baby.
It's gone.
At the moment, there's a whole bunch of like crazy weather in Europe that people
like scratching their heads about and you're like, fucking climate change.
Come on.
This is the true climate change.
Have you read like the most recent analysis on why this year's been so crazy?
I assume the answer is we're all gonna die.
No, no, no, no, no, no.
I mean, like the cause of this specific year's craziness.
Oh, right.
No, I don't know that.
Oh man, this is so interesting.
So here's the current thought on why it's so crazy this year.
Shipping containers are now only allowed to put out 0.5% sulfur into the air, whereas
before the regulation was 2.5%.
And this year's the year that actually changed over.
And sulfur, the one thing it does is it reflects energy back out really well.
Back out from the sea.
Which is why the seas are insanely hot right now versus basically anytime in reported history.
Which then of course reflects onto everything else, right?
Absolutely insane.
So it's like one time that like regulations are working and there's this really brutal
side effect of everything.
But where is the sulfur coming from?
From the field, from what they're bringing in their fields.
There's a lot of sulfur in marine gasoline or whatever.
So yeah, so okay.
Well, I won't burden the point, but yeah.
So like because they're basically burning crude, they're burning gas.
They're basically burning crude fuel.
Something that was in the fuel would result in sulfur being exhausted.
Oh, because sulfur is in crude oil, isn't it?
Yeah.
And the regulation said that they need to not do that effectively.
So this year was the year it finally came into fruition.
And so now all of that fuel is no longer reflecting heat back out.
And the reason why they went all the way to sulfur is because it leads to like acidic rain,
right?
And so they're thinking this would be the, but instead like ocean bubbles are insanely
warm right now.
I am somewhat confused about how they just removed the sulfur.
I don't know.
Refraction distillation or whatever probably.
I mean, I do get high grade fuel.
You fractionally distillate, right?
I mean, they basically burn that shit straight out of the hole.
They do.
Yeah.
So the regulation came out, I think three years ago.
That's why it only came into effect now because they had like three years to actually enact it.
I want to live.
They've got like, uh,
I'm sorry, you mean all the converter on,
they put a catalytic converter on the fucking side of their motor that's like the size of a house.
Maybe they had to add some sort of chemical to the fuel itself in order to make sure that
it like oxidizes in such a way that I don't know.
Listen, I'm not a chemicalologist.
Right.
That's the thing.
Chemist.
So, uh, I said,
chemicalologist for fine.
Yeah.
Rama's entered the room.
So I was just being touched.
I was just being touched.
So Rama's like,
I shall see.
I think you're actually meaning chemist.
Thought is the word that we would use in, uh, in Harlem.
We would use this word.
I don't know if you have this word.
Oh, you've never heard the word.
Oh, okay.
Well, my apologies.
Well, for the future.
Yeah.
So Rama thinks he's missed the news, but little does he know we have.
Peter, you've lost the news.
I have actually been looking at this week's news topics and I mean, some of these are a little bit
off, off the wall.
So, um, World War two restarts real time.
All right.
That's mine.
It's a bit of work.
Is it?
It's like, oh, the fuck is this?
We'll start.
We'll start with something non-cosmose based.
But it only happens every six or seven years.
So I figured I'd put it in there.
But so there's a, there's a Twitter account for, for, uh, folks who are into this type of
shit called World War two real time.
And basically what they do is they play out World War two in real time.
So right now it's September 6, 1939.
And they show exactly what like it's, this was what happened.
This event happened, blah, blah, blah.
And so you basically relive World War two from, I think, I think go from 39 to,
I assume they go to V-Day and a little bit beyond.
So maybe 45, 46.
So literally it's like seven years of real time life following Twitter while the war
plays out.
And it's, I think this is the third restart.
I remember sketching it the first time and then last time I blew it off.
And so now I'm back in it.
So should we provide a weekly update as to what's going on in the world?
No, we don't need to.
Right now Poland's getting his ass kicked is what's going on in Poland.
Poland is being bombed by Luftwaffe planes.
I don't think you, I don't think you want to.
Is, is probably even in the war at this point.
Cause it's, it's not, I think it's so early.
Oh no, second, second, second of September, 1939.
That's right.
Yeah.
So that's right.
So it just started.
Defying September already.
Okay.
Yeah.
So that's right.
That's the right date.
Yeah.
Cause I think that's, I think that event is what caught my attention.
That's why I added it in sheet.
And no reason I added it is because it only starts like literally, I think this is the
third time.
So it happens every six years or I think it's, I forget when they actually ended
it earlier this year and it starts over.
So I don't know, but Twitter hasn't been around for 14 years, hasn't it?
I guess it has.
Yeah.
It's been around for a long time.
Like 2007 or something.
Yeah.
So that must be, I think I caught it earlier than that happened.
And then yeah.
So anyway, it's a really cool account because they have the tons of images and
they, whatever videos they find and they have like, like, like the richness keeps
growing, right?
As they find, as they bring more materials in.
So it's pretty interesting though.
I mean, exciting to find out who wins, of course.
Yeah.
You have to wait.
Yeah.
You have to wait a little while, but you know, it's like a long TV series.
Yeah.
So I mean, you could A, wait, or B, just scroll back to the previous message.
What do you mean?
You're not very fun.
Seven years ago?
Yeah, you could.
Yeah.
No, like if it's just restarted, like it literally just scroll back to the last
previous message.
It's called a war.
Oh, the allies are in the war from the beginning.
Yeah.
No, it's interesting to actually see how it works.
I mean, Mel, to be fair, I think you could probably infer or, you know,
intuit what happened at the end of the war.
I don't watch news.
Because we're not speaking German.
I mean, I don't feel like German would have been.
Well, Japanese choice anyway.
To be fair, in this region, we would have all been talking Japanese.
Yeah.
Are you saying you don't know Nihongo?
I never would have been able to do it.
They would have shot me.
Like, listen, I can't.
Ni ha.
It's not happening.
So here's also related to the news section.
Have you seen or else noticed that Ramra has gotten especially saucy on Twitter lately?
Like, there's been a lot of sarcasm and just I've really enjoyed Ramra's comments over the last,
I don't know, a couple of weeks.
He's had to spend additional time in the space now that he's like researching the news.
And I think it's getting to him.
He's like starting to lose his marbles.
Yeah.
The bear is catching up even to the best of us, right?
The best of us and the worst of us.
So judged.
Which ones are actually.
You know, the news seems to be especially related to like Twitter drama.
Well, I think the Cosmos news and Twitter drama often largely inseparable, right?
Yeah.
That's that's the reality.
It's not a lot of software.
There's some home software built, but mainly there's a good solid shitshow foundation of drama upon
which we are building a giant edifice of garbage.
Some of these links sort of go to places that is like Twitter is giving me health checks on the way
Are you sure you want to watch this?
You seem to have specifically blocked these people.
Are you sure you want to read this potentially?
That would be related to Jacob then.
Look, anyone who's noisy sort of gets a block.
I never used to block anyone, right?
So I was very like.
And then you encounter.
Everyone should have their like voice and, you know, if I don't want to be in like a echo chamber,
I should hear everyone's voice.
But then it sort of became evident that the only voices I was hearing are the ones I fucking hate.
So I just started blocking people.
Well, this is a common problem, isn't it?
With this is why you have safe spaces, right?
This is like literally the reason is because when you all other things being equal,
if you have a perfectly flat, like flat space to say things, the fucking loud dipshits take up all of the air in the room.
Ironically, I'm currently talking.
I was waiting to speak to tell you the same thing.
You said it's like I actually called that paper in my previous life.
I'm actually distinct.
I actually doctor you, sir.
Professor you said, but professor sir to my friend.
It funded the Reino Foundation at MIT.
You know, these the whole this whole wing, you know, and you guys listen to this.
So let's well, I mean, let's mention it.
So Jacob has and let's be clear, this podcast is not about bashing anyone.
So I'm just reading the news here.
So it's a promise fault.
So I didn't come up with this.
News I'm just reading it.
The world produced.
I just work here.
I'm just the intern.
So anyway, from what I can like infer from this, the ICF is taking applications.
So the the interchain foundation is taking applications for council members, i.e. the board, I guess.
That's what I'm inferring from this.
So some of the applications for this role is one of them is Jacob and a couple of his customers have also put in who's Jacob.
Who are you talking about?
Yeah, I don't know.
So some some others that are customers of notional have also put in to be on the council.
I mean, my only opinion on this is that people who are funded by Adam in some way probably shouldn't be sitting on any boards to do with anything to do with that funding.
I'm not sure if they're directly related, but if it is the case, they probably shouldn't be applying for that position.
If not, you know, go for it, I suppose.
I tend to agree.
I tend to agree and I think the ICF foundation council is kind of a difficult thing because I don't know, there's like there's like an inherent bias to it.
People that they're going to be applying to are going to be applying because they want something out of it, right?
And so if they're applying and they want something out of it, like it feels like there should be some level of oversight over.
So I'll give you the perfect analogy, sorry to cut you off.
To me, this feels like it could and I'm not I'm not shitting on anyone's integrity.
I'm saying that this is like what happens with positions of power that have an economic incentive, right?
So imagine your local council where the mayor lives on a dirt road but has 100 meters of asphalt out the front of his driveway.
I did not understand that analogy.
What the hell are you saying?
That analogy is so fucking king nodes. I've never heard that.
It has council references, geotechnical references and asphalt.
Just listen, listen again and think about it a little bit, right?
Okay, this this time really related to the best doctor phrase got it because he's a fucking doctor.
So, okay, so your local mayor lives on a dirt road with 100 meters of asphalt out the front.
The only asphalt that's on the road because he doesn't want dust and he's the fucking mayor.
Okay, I thought I followed and then you're adding that comment totally threw me off again.
Okay, put it this way.
If that same resident was not the mayor, do you think he would have asphalt out the front of his house when everybody else on that road doesn't?
Thank you.
I'm starting like my like Model T engine that steam power to starting to go a little bit now.
I'm following now.
I mean, I felt like it was completely fucking obvious, but did the reason it's probably obvious to me is because it happened a lot over here.
No shit.
Good.
You want to know who was once a mayor of that town, drive around the dirt roads and look for the seal.
It's where these you pronounce asphalt different.
I know a place where yeah, essentially the mayor lives near a park and then the park just got a whole bunch of new trees and like it's really hard to get new trees.
I just spent a long time getting new trees on the road that I live on.
If you were the mayor, you would have had the music.
Yeah, exactly. You go like that turns out all you need to do is be essentially need a lot to do.
Forget about it.
So wait, you expand on that more because so I volunteer with a group called friends of trees and they'll just come out and start planting trees on like the median bits.
So like what are you talking about that you had to get required like there's a lot of rules you can't just so in the UK, typically everything.
So okay, fun fact, let's do a fun fact about freehold and leasehold property in the United Kingdom.
You typically own everything under your house or any land you own your own it all the way down so you can dig out a massive missile bunker under your own house.
Nobody fucking stop you.
You also quite often what's called the mineral and sporting rights, which is exactly what you think it is.
You find a coal seam under your house you sorted back in the day, I suppose.
Anyway, but as soon as you move off your property, it's always owned.
Obviously it's owned by somebody.
Everything in the UK is owned by somebody, but very little of it will be the government government.
Most of it will be like the council.
So whatever local authority or regional authority, like you step up through the app in geo layers will own like the sidewalk or whatever.
And our roads are super big, pretty small on the whole.
So like there's no median.
That's not really a thing except on motorways.
So the amount of space that's not specifically owned by somebody and very, very small and say like yeah, putting trees on your road, you can't.
The roads are not your property.
Like none of it unless it was a private road in which case like null like in null situation with the mayor.
If you're on a private road, your road wouldn't be tarmac right because you would be private and not the council's responsibility and so it wouldn't be a road.
It would just be like a dirt track in that situation.
If you are a group of residents owned it, obviously you do have a fucking one.
So not very complicated.
Okay.
All right, I'm picking up what you're putting down.
I've never.
This is relevant to me because I'm the middle of like replacing three trees and putting in two oaks and four more trees.
So as you guys like is your problem that like you want to put them in on the road?
I assume like the city where you are like the city owns the road right on the sidewalk.
Yeah, so the area between the sidewalk and the road, there's like, oh six feet or so there.
And the problem is I have two trees that are there, but they're dead.
So I have to like petition the city to remove them because they're like falling apart every year.
So here's what you can do instead of that, you can rip them out and put in a new tree immediately.
And then they just don't care.
So that's what I'm doing, but I'm also going to put in a couple more trees and oaks and other stuff.
I mean, that makes sense.
I mean, it's kind of also like, I guess that there was a our place where this is true, where there are very wide sidewalks and paths or whatever.
And there will be a gap and then a road.
But less common again, because all our roads and everything are much more smaller.
Where you see that median like that, you typically already have trees because it would have been planted in like the 20s or the 30s when they were very big on that sort of thing.
Where you see like a row of like hawthorns or not hawthorns, sycamores, sycamores or horse chestnut trees.
So here's the problem with that though.
That's considering people as people, not cars as people.
And so cars don't need that shade for walking.
So in the US, you never encounter that where you have like trees.
Yes, quite often the reason it's specifically from that period, as I understand it, is because what would have been there, but has since potentially disappeared is quite often a bike path because pre cars, a lot of people used bikes to get to work in like 20s and 30s and whatever.
So they, I think that's why they did it, you see it quite a lot on those kind of wider boulevards that still exist, but they're obviously much older roads or whatever.
I know a guy who's very into this stuff and you can actually walk down the street and he'll go like, ah, that street used to have a separate path at some point because of the shape of the road or the width of it or whatever, he can just tell.
And he tends to be right if you look these things up. So I think that I think there must have been a pretty expansive network of them at some point and then maybe you can tell by the trees.
That's pretty cool. I think within American society, I'm considered something of a radical when it comes to public infrastructure.
Because you want it to exist at all.
Well, there's that. Yeah. Well, I mean, the fact that like cars have more rights than people do, that just bugs the hell out of me.
Yeah, we're we're going through that. There's a lot of that happening here at the moment because like most even if you like whatever town you live in, right, you probably can pretty much pretty much walk to all the stuff that's near to you because again,
everything was kind of most stuff was built pre car.
Like the schools and everything, the layout of most towns assumes that you work within walking distance or cycling distance or maybe public infrastructure like trains and stuff obviously have existed for donkey's years, hundreds of years.
But it's all kind of at that scale.
Like, and now we're kind of going like, oh, maybe we should use cars less and people like I couldn't possibly get anywhere without a car and you're like, what the fuck do you think people did in the 1910s and 1920s, dude?
Like, like, like, look at look at the age of every house on the street you live on. They're all from the 1910s.
Your argument is dog shit. Like it's just the whole place. I don't know. There's a lot. It's a very like, yeah, it's a very politicized issue at the moment, but
they're all dead from the plague, right? So it doesn't really, really.
Dead from that. That World War Two, actually, I heard. But luckily, you can follow along with it on Twitter.
Twitter.com for the real time. W W two. And if you wanted to build a bomb shelter under your house, but honestly, you probably already have a bomb shelter under your house. Is it true?
If I was a million, I probably build one just for the shit. It's a giggle.
There's a good, there's a good YouTube channel, the guy building that.
How far into one of those ones in Switzerland?
No.
Oh, well, those are cool. I've been in one of those.
Yeah, they're really, really cool. And I don't know.
It's maybe a Swiss person would know the exact thing about this, but they just had a period where I think like, like every town or village or a certain size had to provide a bomb shelter.
Big enough for the town. They just had, and now they're all just like these little quirky museums, but I think they're still kept up.
A buddy of mine, he owns a house in Zurich and he had me over for a raclette one time and he's like, Hey, do you want to see my bomb shelter?
And I was like, what are you talking about?
Riclette's bomb shelter. What an ideal evening.
I know it was though.
I wonder how far into the recounting of the wars that time when everyone took their little boat over to Europe and collected people off the beach.
Dunkirk.
That was in 1940.
1940, no.
What a good, good away.
A good year for that one.
So the British expeditionary force retreated from France. So I think it was 1940, but I could be.
Regarding the trees in Australia, you just plant a fucking tree. You want a tree, you plant a tree. Works like that.
I mean, you go by the tree, then you plant the fucking tree.
I've been harvesting acorns in the local neighborhood so I can plant oaks.
You know what? It's actually harder to get than you'd think because the squirrels are little bastards.
Oh, they're front running you.
They are. And you ever seen squirrels go for acorns? They'll do like kickflips and stuff when they find them.
They'll like just help around.
Oh, yeah?
Yeah.
It's really exciting.
I watched them outside my window as they grab acorns and I'm like, dang, that might have been the one that grows.
I saw a visual of you fighting with a fucking squirrel on the street.
I feel like that's the kind of behavior certain individuals would undertake once receiving a foundation delegation on that.
All right. Back to the news. What do we got?
Unlock to the delegation.
Yeah. So actually, so, I mean, while you were talking about the trees, I went and researched this neutron liquidity mining prop.
Didn't get the whole neutron part of it.
And also, I feel like the particular statement in here requires like some prior knowledge of prop 52.
I mean, I'm not an atom guy, so I don't really know what prop 52 is.
Unless some of you guys know what prop 52 is, I guess I could click on it.
Oh, wait. Oh, I had. Sorry.
The one I just read was prop 52.
Okay. So I guess the neutron looking to app the community pool for some like white tie.
Yeah, that's a draft proposal right now from binary builders, I believe.
Just published a detailed draft proposal on how to kickstart targeted liquid.
I really don't like incentivize liquidity.
If that's what this is.
But is this like actually just putting community funds into the pool?
Or is this.
That was my read.
My read was not that it was incentivize, but that they wanted to make liquidity deeper.
How is that liquidity mining?
I liquidity mining is when you incentivize liquidity.
In any case, look, let's let's have an opinion on my very limited knowledge of this subject.
I think it is in the interest of neutron and atom to probably make something like that happen.
If it is using both of their tokens.
But here's the thing, right?
In terms of liquidity, I think the best pair that you could deepen is a stable coin atom pair,
not a shit coin atom pair.
So that's part of the proposal as I remember it.
It's been.
I'm not going to try to claim to be an expert of it, but my understanding was there is a big aspect of it where there's kind of two sides to this proposal.
One is like using all this liquidity and spread it across neutron as the primary pair.
And the competing side is using Adam as the competing pair.
The problem is you want Adam to retain value, right?
So if you have Adam as the core pair, then it has a better chance of keeping value with the main pool being USDC to Adam.
Yeah, if you want, I mean, it's you want people to keep their liquidity in there.
So if you if you have a stable coin pool, well, well, the problem is using Adam as the primary pair means that neutron is being used as the primary pair.
So what value are you getting out of using neutron?
I think I think that's kind of the two sides.
I think neutron should not even have a coin.
I think they should just use Adam.
Well, considering validators aren't getting any neutron for validating the chain, I would agree.
Yeah, sounds like right.
Well, I mean, if you're so the point of this thing to the best of my knowledge and look, I don't I can't reiterate enough how much I don't have anything to do with Adam.
And so all of these like big issues about Adam are kind of like foreign to my sphere.
But with the whole, you know, shared security thing, right?
This neutron was, to my knowledge, meant to be a place where they could now have smart contracts deeply associated with the Adam chain through shared security as part of the economic zone, right?
Rather than putting wasm or cosm wasm straight on to Adam, which for whatever reason, people seem to be just definitely against.
But I think in the spirit of that, like, maybe it's worth considering using the base to nom for these chains that are providing something that people don't want to be directly on Adam.
Maybe they consider using the base to nom as Adam, which would more deeply align them together.
That's my tick as well.
One thing I'd also add is, if I'm remembering correctly, the original reason why the cosmos hub was considered the cosmos hub, rather than just like the cosmos or Gaia, since that's the Damon name is all IBC was supposed to flow through it, right?
And if all IBC is flowing through it, then inherently it'll have a lot of transactions, a lot of usage, and therefore Adam will have a lot of value.
That, of course, was kind of overtaken by osmosis, where now osmosis is kind of that hub, right?
And so it's kind of lost that story of utilization.
And these kinds of drafts and proposals are a way to reclaim that.
Like, USDC or Noble becoming a Adam economic zone chain means that there will be more value coming through the Adam economic zone, become USDC, become Noble, because all USDC will have to go through that.
There are actually some really interesting ways that this is being circumvented, like Penumbra is doing some cool work to get around like.
Penumbra.
What about Penumbra?
So Penumbra, so they can backtrack IBC channels.
So if you have a bit con, I say that came from osmosis versus bit con that came from the bit kind of chain, they can retro send it.
Like that's one of the functionalities that they have.
So there's other ways of handling this, but the idea is that like if you have a really now, where it will backtrack through the chain, it's meant to go through.
Penumbra has that.
But as far as I'm aware, nothing else does.
Path on one.
Thank you, Rama.
Yeah.
Because I mean, you can.
So the thing is like with IBC, if people don't 100% know what you're, you're talking about.
If you, so from the originating chain, their native Denom, right, say Juno, if you send it to Osmo, where a lot of, you know, the tokens flow in and out of Osmo, then it will receive a Denom.
That is an IBC Denom IBC slash some big hashed number.
And that's the Denom on osmosis, right?
But if you then create a new channel between osmosis and say Adam and send that same IBC Denom now that originated at Juno to Adam, it will get a new IBC Denom.
And as that happens and it makes more hops, then you end up with a situation that there's just all these IBC Denoms randomly on chains that no one know what they are.
And the way that interfaces work, such as osmosis is they, they have a list on the back end for their interface and it actually just equates an originating chain to the IBC Denom for the sake of displaying the original Denom's name like JUNO for Juno, rather than IBC forward slash a big fucking number that you don't know what it is.
And MintScan do the same thing just to make it more readable.
But if you get all these random Denoms floating around like no one's going to be able to track that.
So the idea was that you would send it, for example, on the example I was using from osmosis back to Juno and then from Juno to Adam.
So all the in flowing and out flowing Juno always originates on a channel from the Juno chain and then thus between those two chains, there's always only one Denom, one IBC Denom on the receiving chain.
To add just a little bit more to that.
The idea originally was if let's say you wanted to trade you had Juno on Juno and you wanted to trade it on osmosis. The original vision of cosmos was if you want to make that trade you would go from Juno to Cosmos Hub to osmosis because Cosmos was was the hub.
That was the original vision.
And so instead it's become that every chain itself interacts with every individual chain, which as a relayer can be really annoying, but I can see how all transactions going through a single hub would be horrible.
Let's say Adam Halt suddenly every chain is reliant on it, right?
And now suddenly nobody can make a transfer because it's not channeling through Cosmos or Adam anymore through the Cosmos Hub.
I mean, that's the decentralization most networks seem to aspire to at the moment, but thank goodness we went a different way.
So correct me if I'm wrong, Shilty, because I'm not hugely knowledgeable on the IBC stuff.
But there is also like, is the path not embedded in there somewhere? Like how to unwind it back to the originating chain?
It can in a sense. So the way that the so you you said like IBC slash hash, right?
So IBC slash like that's just that's just predefined.
The hash bit is I believe the originating chain plus the destination chain plus some number and then it's a it's a it's a by 64 message or something.
Is it the hash?
Yes. And then you can roll it back, but you don't want to roll it back. You need to like do calculations to know all those additional things.
Exactly. Yeah, it's possible, but it's computationally heavy.
But the point is that it is a it's a tree structure, isn't it?
And I guess it's infinite depth.
Yeah. I mean, as more chains add on, it's it just keeps expanding more and more.
It's just one more because one contains not only assault, but also the intermediate chains.
So there's just infinite.
But yes, the previous chain and the previous branch is embedded in that base 64 message.
Yes.
And then you don't want that and unwind that and unwind that.
Yeah. But I guess the thing is, and there's probably some obvious computer science solution for this, which I'm missing, but you're essentially like that's a tree.
You only need a hash table to actually identify what any given thing in the tree is to then denote equality via metadata, right?
Which is why the only person that's attempted this is Henry from Penumbra, because he's like he's gigabrand enough that he can actually solve it.
Whereas me, I'm like, no, that's unsolvable as far as I'm concerned.
I mean, maybe, yeah, I mean, it would be interesting to know if the solution is, oh, yeah, you just you just carry around a hash table with you, or whether it's like, oh, yes, it's a tree, but it's actually a binary tree in this particular way, which means that you can do this and this and you'll be like, whoa.
So it's actually, it is more simple and more complicated than that.
So he's actually going to implement it through the chain registry through the asset list.
So he and I had a meeting a couple of months ago talking about how he's going to implement and how it will reflect in the chain registry.
So like there's some really fascinating way he's rolling it back that doesn't make any sense to me, but I'm not a computer scientist.
It would be interesting to know how that works. It'd be really interesting.
So just a fun side note, whenever I watch anything that has Henry in it, I'm too dumb to understand it.
So I'm at this point just watching it for the sound of his voice.
So in other news, I'm not sure if this is like an official year thing, but Rip Wind 2022 to 2023 seems like not much going on over in that neck of the woods.
I think in theory, there is still some development happening, but I think almost all the team has, I think the team that weren't the core team, the devs have been let go.
And I think the devs have gone on to other things because it's not making them any money.
What do you say Rip?
I mean, that's really what it comes down to in it.
Unless like, unless you're running a charity, you know, if you're not making some revenue out of something, it's hard to maintain it.
So W Y and D, you mean the wind?
Yeah, winds, not the breeze has disappeared recently.
We said Rip Wind. I was trying to figure out what the hell you're talking about.
So Rest in Peace Wind. Is that what you're saying?
Yeah.
Not do a fart.
Not a reference to the spinal tap follow up a mighty wind.
No.
So that is development stuff now?
So that's other pools still existing and is there a cash in there and everything? Who knows?
The UIs kind of semi-non-functional. So I think there are bugs in it and stuff doesn't work.
Well, the recent upgrade I think has introduced bugs because of some changes in the calls.
I'm not sure if this is Ramaz Gang.
Ramaz Gang, I'm seeing the chat because he provided titles which you're not reading now again, although we didn't note on your performance review last week that you need to read the fucking titles.
So for those listening, the title for that previous news was Gone with the Wind, WYND, a short story of two year lockups.
Was it over before it began?
Let's bring it a lot punchier than your introduction to it.
My favorite one is for sure the Noble announcement one. That's a great title.
So we'll go on to the next one in the list, which says, Soy-Lana announced Visa will use their chain when it's online to settle USDC payments.
So punchy little stab right in the middle of that one.
So I haven't read the Twitter link then, but it sounds pretty self-explanatory. We're running out of time.
OK, so Shilty, you've seen as though you have love for, would you like to do the Noble announcement one?
Noble announces for the 15th time this year that Circle will deploy Native USDC and Osmosis. Still no date though.
I think that's a hilarious title because yeah, it's like monthly, USDC is coming to the cosmos.
And everyone's like, hooray!
We need it for now.
We literally fucking need it for our doubt. We're trying to make t-shirts. We're dying here.
So it kind of like, it evades me why it can be taking so long.
Like USDT just did it overnight. They're like, all right, fuck it, we'll use carbon. Here you go. Here's USDT.
Yeah, I tend to agree. Maybe it has to do with the Redshift lawyer from like 2021.
You know what? That's probably a too far reference. Remember Redshift? I think it was that validator where 100%
commission was done.
Lots of drama.
Not sure they do anything.
I don't know. I think it's just like a lawyer and retainer, right? Isn't that the deal?
I mean, those validates can't be making much right now.
So, does anyone get the last one?
I don't, no.
I've got two things to add though.
It doesn't seem like a properly formed sentence.
Yeah, I can.
I'm not paying for that one.
So one thing that wasn't mentioned is their wormhole assets now coming to osmosis and for the cosmos as a whole.
So like Aptos, Sway, I think Polygon are all coming through the wormhole bridge.
The wormhole bridge is pretty cool.
The relay stuff was kind of funky, but I'm not going to touch on that at all.
And Say uses it as well.
Say uses, well, yep, absolutely.
What's interesting about that is the proposals on osmosis, right?
So osmosis has a proposal to supercharge the liquidity.
And I don't know.
My take on it is it's like we're adding more risk in my view.
And I'm not talking about a wormhole.
As far as I'm aware, wormhole hasn't had any exploits, but bridges are difficult, right?
If I'm invoking my inner block pain, bridges are difficult.
Everyone would agree with that.
And so there's discussion right now around aggregating all assets.
So if assets come in from Ethereum to like say USD comes in from wormhole, axlar and gravity bridge,
osmosis might potentially aggregate them.
And so if you pull one out, like you trade for it, you'll be trading for one of the three and you don't know which.
To me, that scares the hell out of me, right?
If one is exploited, does that then inherently reduce the value of that entire pool?
I don't know.
That's a new thing coming right now where wormhole, because wormholes come,
or wormholes joining the cosmos bridges.
Again, nothing gets wormhole.
Just the idea of these additional pools, these additional conversations around aggregating all assets.
That gives me...
It would be super interesting to implement a bridge that wasn't a bridge,
but was actually like...
And obviously I have this in my head because PhD I'm going to go do.
But implement a bridge is a bearer asset because then you bridge some assets into an ecosystem.
I mean, just essentially stores it would...
Because there is not just like there's a number saying,
I have 100 million USDC because that's not how bearer assets work.
Can I have some?
Can you expand on a bearer asset?
What does that mean?
You know, like the blind proof type stuff, so you only ever prove that you are the cryptographic...
Cryptographically, the counterparty that moved into that place in the first place.
So in this context, the bridge is actually like...
It kind of squinted it.
It's not that different from actually saying, I paid somebody.
How can you prove it?
Well, the payment, you've obviously signed that transaction.
When the bear, when the eventual recipient goes to claim it, they obviously go,
I'm claiming that this is in fact, I'm proving this is in fact my mind now.
And it's like, oh, no, yeah, that is yours now.
In the same way that it's like this is now in a new place,
but the owner is still cryptographically able to then do something with it there.
The asset doesn't actually exist until you then pick it up on the other side of the bridge and go,
I have this thing, and then you would just move it.
It would not be a thing on that bridge anymore.
It's not relevant to that bridge if you treat it more like cash,
because there's never an incremental counter saying, hey, I have this many tokens coming into this ecosystem from this place
with that chain of provenance.
It doesn't fucking matter.
You either cryptographically have five squiggly, wiggly USDC or whatever, or you don't.
And then when you go and use them, you're just passing on the bearer,
the cryptographic proof that you are the bearer of that thing.
And then when you want to take it back out of that ecosystem,
you bring it back to the bridge and then you recycle it.
You say, I'm moving it.
I want the right to move it out.
You sign that transaction, it goes to the bridge.
The bridge goes, cool.
I have a proof.
You've told me you have these.
You do have these.
Cool.
And then on the other side of that bridge, the other counterparty,
you then just essentially do the same flip side where you mint them.
You say, I've handed you some over there cryptographically.
You don't even need to know how many.
I'm just going to prove that I own this.
I guess that's kind of like similar.
Maybe that's similar to how the ZK stuff will work.
I guess there's an exit, all just proofs and circuits.
I hate that we're five minutes out from the conclusion
because I think there's a really large conversation to be had here
around basic exactly what you're talking about.
Like this concept of-
You're literally doing a PhD on this exact subject from the next five years.
Well, fair.
Okay, fine.
I won't even add my thoughts.
We should, yeah.
This is a classic example now of like, oh yeah,
the aftershows always really good because now I know that we're just going to talk about that.
I mean, yeah, it is classic example.
What happens, Sam?
We had the discussion early on and I've brought this up a couple of times
to other software engineers and they absolutely hate the comparison
that a smart contract is basically just like AWS Lambda.
Right?
That's all it is.
Hard agree.
100%.
Yeah.
And people are super excited about that, which is great because it is cool, right?
Because you're distributing all over the world, whatever.
But let's say you do have a smart contract on the Cosmos Hub,
you have a small Lambda function that just adds one to one.
Every time you execute that, every single validator on the network,
or every single node potentially has to then run it.
Therefore, it's multiple orders of magnitude less efficient than AWS.
And then let's go to like zero knowledge proofs, right?
Zero knowledge proofs or bearer concepts are the same idea where if you want to use those things,
like it's so computationally heavy and it's so computationally heavy within a grand scheme
of validators and computers and individuals.
It just, that's one of the few things that makes me bearish on blockchain is just how astronomically
efficient it is compared to centralized sources.
And that's the point, right?
The point is that this space operates within a trustless zone.
And this trustless zone requires that everyone also verifies each other's work.
But God, it can be inefficient.
Yeah.
I guess, I mean, there's a whole bunch of, we start getting into consistency and asynchronic.
And very quickly, we're getting into the underlying stuff for the tandem in our way,
is that whereas, what is it, two thirds, two thirds, N plus one, what's the, and then the,
Christ, what's the Byzantine generals?
We're very, very quickly getting into like all the Byzantine general stuff where there's
those couple of core bits of, you know, like you put it on a t-shirt, little equation where
you're like, and then you're just like, oh, and then like, yeah, the actual like just for
why this works is like blackboards and blackboards of maths that I don't understand because I
didn't do math degree.
And you're like, okay, it's actually quite hard, isn't it, to solve this stuff well.
That's why it's not actually possible within the realms of physics.
But yes, yeah, we'll have to, we'll have to circle back on that.
But I want to pick up the, that last one in the spreadsheet.
Thank you, Rama for your hard work.
Jay appoints Osmosis team as CEOs of the hub.
It's kind of a little bit of a ship post from Rama, I think.
I don't really understand Jay's tweet, which simply is a reply to some thread or something
which looks like it's orphaned.
Thank you, Twitter UI saying sunny a valer dragon will inherit Cosmos leadership until
the minimal vision is done and fork full.
Now I have no fucking clue what that means, but while trying to work out what it meant,
I stumbled onto Jay's, what's it fucking called, Twitter account, X account.
And I want to propose that his Twitter account is potentially the new drill.
So I'm going to read you a joke on tweet.
Yeah, no.
Nothing is certain line break, but death of taxes.
This is mixing Jubilee trumpets to Oliver Anthony's rich North rich men north of Richmond declare our liberation with the trumpet drums can join but the marker is the trumpet Leviticus Jubilee makes people whole every 50 Jesus comes with sound video for bounty.
So Jesus comes with sound.
It was a good one.
It was a long.
Power dragon will inherit Cosmos leadership until the minimum minimal vision is done and fork full.
Hello fellow gnomes say cause no lang people no land people gnomes by the land is only knows.
It's yeah, you just you just look at look at his tweets in there.