WEBVTT 00:00:00.049 --> 00:00:02.730 So I realized shortly after 00:00:02.930 --> 00:00:04.950 joining that it wasn't 00:00:04.990 --> 00:00:06.532 plugged in or in front of me. 00:00:06.871 --> 00:00:08.833 So there's that. 00:00:08.893 --> 00:00:10.833 It sounded like shit. 00:00:12.335 --> 00:00:13.816 Oh, fantastic. 00:00:14.535 --> 00:00:15.396 Well, it sounds better now. 00:00:15.656 --> 00:00:16.696 It sounded like shit before. 00:00:17.496 --> 00:00:17.736 Yeah. 00:00:17.757 --> 00:00:18.737 Cause it was my headphones. 00:00:20.618 --> 00:00:20.778 Huh? 00:00:21.899 --> 00:00:23.420 Which incidentally, uh, 00:00:23.460 --> 00:00:25.341 you don't appear to be wearing at all, 00:00:26.882 --> 00:00:28.582 which is unusual at this point though, 00:00:28.663 --> 00:00:29.202 which looks great. 00:00:32.969 --> 00:00:33.651 Who turned that on? 00:00:33.670 --> 00:00:38.234 Are you going to turn that off? 00:00:38.914 --> 00:00:39.234 Yeah, 00:00:39.255 --> 00:00:40.777 we seem to be having an evening of 00:00:40.817 --> 00:00:42.898 technical difficulties here. 00:00:44.018 --> 00:00:45.381 My mouse just disconnected, 00:00:45.540 --> 00:00:47.502 so there's that. 00:00:48.862 --> 00:00:50.384 At least you got your 00:00:50.445 --> 00:00:51.706 fucking microphone sorted, eh? 00:01:07.966 --> 00:01:13.390 Hello and welcome to Game of Nodes, 00:01:13.989 --> 00:01:15.311 weekly podcast from 00:01:15.551 --> 00:01:16.992 Independent Validator Teams. 00:01:18.712 --> 00:01:19.912 You keep buying them, 00:01:20.054 --> 00:01:23.695 we'll keep validating them since, wait, 00:01:23.736 --> 00:01:24.676 how many years are we doing this? 00:01:24.736 --> 00:01:27.177 I was about to say since 2021. 00:01:27.358 --> 00:01:30.338 I feel like it's coming on 00:01:30.519 --> 00:01:33.340 three years in March. 00:01:33.561 --> 00:01:35.861 I'd say we've all been a 00:01:35.902 --> 00:01:37.143 good three years in the whole 00:01:37.813 --> 00:01:40.555 When was your first mainnet, Schulze? 00:01:40.614 --> 00:01:41.614 Are you the first one that 00:01:41.635 --> 00:01:45.317 got up on a mainnet? 00:01:46.457 --> 00:01:47.819 For this business? 00:01:47.899 --> 00:01:48.840 Secret Network, which was in 2021. 00:01:49.079 --> 00:01:50.521 Yeah, yeah. 00:01:50.861 --> 00:01:53.281 So you were early 21. 00:01:53.501 --> 00:01:55.504 The rest of us plebs were late 21, right? 00:01:56.965 --> 00:01:57.245 Mid. 00:01:59.566 --> 00:02:01.766 Doge was my first, though, in 2014, 00:02:01.766 --> 00:02:04.009 if that helps at all. 00:02:04.069 --> 00:02:05.370 We all mined a couple of 00:02:05.409 --> 00:02:06.950 blocks of Doge on an old laptop. 00:02:06.971 --> 00:02:07.331 That doesn't... 00:02:09.125 --> 00:02:09.745 Does that count? 00:02:11.246 --> 00:02:12.127 I think it counts. 00:02:12.266 --> 00:02:12.587 Yeah. 00:02:13.668 --> 00:02:14.348 If you sold them, 00:02:14.408 --> 00:02:16.610 it counts because then you 00:02:16.651 --> 00:02:17.831 may or may not have been in profit. 00:02:20.054 --> 00:02:22.276 So somewhere on an old laptop, 00:02:22.295 --> 00:02:23.037 which probably is on these 00:02:23.056 --> 00:02:24.978 shelves behind me, one direction, 00:02:25.679 --> 00:02:26.199 that direction, 00:02:27.520 --> 00:02:29.021 there is a laptop with some Doge on it, 00:02:29.141 --> 00:02:29.801 presumably, 00:02:31.364 --> 00:02:33.185 which I've never checked back in on. 00:02:35.247 --> 00:02:36.228 Probably wasn't very many. 00:02:37.233 --> 00:02:38.813 I should check. 00:02:39.655 --> 00:02:42.257 If it even boosts Windows 7. 00:02:42.677 --> 00:02:44.818 It might be still mining, Doge. 00:02:46.401 --> 00:02:47.381 I don't think so. 00:02:48.002 --> 00:02:49.643 Here's how old that laptop is. 00:02:49.864 --> 00:02:52.286 It was a Sony VAIO laptop. 00:02:55.328 --> 00:02:56.508 Those are owned by what? 00:02:57.270 --> 00:02:58.510 Vizio now or something like that? 00:03:00.549 --> 00:03:01.109 Oh, it could be. 00:03:01.308 --> 00:03:01.549 Yeah. 00:03:02.189 --> 00:03:02.590 I don't know. 00:03:02.669 --> 00:03:04.431 But it was, it was, it was a laptop, 00:03:04.471 --> 00:03:05.031 you know, it was like, 00:03:05.070 --> 00:03:06.451 that was the Sony laptop 00:03:06.472 --> 00:03:09.092 brand for a while in the thoughts that, 00:03:10.152 --> 00:03:11.253 so probably didn't mind too 00:03:11.294 --> 00:03:12.373 many Dogecoin is what I'm saying. 00:03:12.394 --> 00:03:14.375 It was not a, it was not high end. 00:03:15.855 --> 00:03:18.076 They were, they were ultra premium. 00:03:18.137 --> 00:03:18.977 Like they cost a lot of 00:03:19.016 --> 00:03:20.157 fucking money back in the day. 00:03:20.677 --> 00:03:22.519 Yeah, they were, they were all right. 00:03:22.618 --> 00:03:23.278 They were all right, man. 00:03:25.080 --> 00:03:26.540 But I can't, 00:03:27.375 --> 00:03:27.594 Yeah. 00:03:27.655 --> 00:03:27.955 I mean, 00:03:28.436 --> 00:03:30.276 let's not get too deeply into 00:03:30.578 --> 00:03:31.657 phrase laptop history. 00:03:31.938 --> 00:03:33.099 I can't a hundred percent 00:03:33.139 --> 00:03:34.941 remember when I actually got it, 00:03:35.681 --> 00:03:37.682 how much it costs or what the specs were, 00:03:38.764 --> 00:03:39.564 but I remember it being 00:03:39.604 --> 00:03:40.786 better than what I had before, 00:03:41.086 --> 00:03:42.227 which was a cast off. 00:03:43.987 --> 00:03:45.088 Um, but you know, I, 00:03:45.348 --> 00:03:46.310 I equally don't remember it 00:03:46.330 --> 00:03:48.671 being like turbo mega, you know, 00:03:48.711 --> 00:03:49.431 it did still have, 00:03:49.472 --> 00:03:50.393 this was still in the days 00:03:50.432 --> 00:03:52.675 when it had CD drives had like, you know, 00:03:52.694 --> 00:03:53.596 the tray, you know, 00:03:53.616 --> 00:03:54.697 the laptop tray where the 00:03:54.717 --> 00:03:56.318 CD drive comes out the side. 00:03:58.757 --> 00:03:58.896 Well, 00:03:58.917 --> 00:03:59.776 there are a couple of different 00:03:59.836 --> 00:04:01.138 iterations that you had to 00:04:01.478 --> 00:04:02.858 start off with the plug-in ones, right? 00:04:02.877 --> 00:04:03.718 You had to carry it around 00:04:03.778 --> 00:04:04.639 separately and then they 00:04:04.658 --> 00:04:06.058 sort of built them in and then they, 00:04:07.139 --> 00:04:08.539 you know, I had a, 00:04:10.161 --> 00:04:11.920 one of my first MacBook Pros, 00:04:12.420 --> 00:04:14.681 I actually replaced the CD 00:04:15.842 --> 00:04:18.642 tray internally with like a 00:04:18.742 --> 00:04:20.004 caddy that holds an SSD. 00:04:21.576 --> 00:04:24.038 So it was like before 00:04:24.137 --> 00:04:26.338 MacBook pros shipped with SSDs, 00:04:26.379 --> 00:04:27.300 they had a spinner in them. 00:04:28.060 --> 00:04:29.261 So I took out the, 00:04:29.560 --> 00:04:31.242 the CD drive and put a 00:04:31.262 --> 00:04:33.444 little tray in there that holds an SSD. 00:04:33.483 --> 00:04:35.725 So I could have SSD on that 00:04:35.845 --> 00:04:37.867 side of port and then, um, 00:04:38.487 --> 00:04:41.749 use the other spinner just for more, uh, 00:04:43.209 --> 00:04:44.190 long-term storage stuff. 00:04:45.230 --> 00:04:46.750 Do you remember whenever 00:04:47.511 --> 00:04:50.492 SSDs came out and I used to 00:04:50.512 --> 00:04:52.552 show my friends how fast my laptop would, 00:04:52.713 --> 00:04:53.833 would spin up after that? 00:04:54.093 --> 00:04:55.372 Cause you know, before SSDs, 00:04:55.434 --> 00:04:57.134 it was like two minutes and 00:04:57.153 --> 00:04:58.194 then SSD brought it down to 00:04:58.233 --> 00:05:00.035 like 20 seconds. 00:05:00.055 --> 00:05:00.935 And then NVMe of course 00:05:00.975 --> 00:05:02.776 takes it a second and a half to spin up, 00:05:03.216 --> 00:05:04.437 but people would lose their 00:05:04.476 --> 00:05:05.536 mind whenever I'd show them like, 00:05:05.557 --> 00:05:05.896 hold on. 00:05:05.916 --> 00:05:06.216 All right, 00:05:06.237 --> 00:05:07.237 just stay here and wait for it 00:05:07.257 --> 00:05:07.557 to turn on. 00:05:07.577 --> 00:05:08.697 And they'd be like, I don't have coffee. 00:05:08.718 --> 00:05:10.459 Like, what do you want me to wait for? 00:05:10.478 --> 00:05:11.098 And then it would be on. 00:05:11.119 --> 00:05:12.579 And they'd be like, how, 00:05:12.838 --> 00:05:13.540 how did that happen? 00:05:13.600 --> 00:05:14.079 What did you do? 00:05:17.084 --> 00:05:24.069 I remember installing Mac OS, 00:05:24.089 --> 00:05:25.971 whatever it was at that time, 00:05:25.990 --> 00:05:26.851 whatever version it was. 00:05:27.732 --> 00:05:31.935 And the installation process 00:05:32.016 --> 00:05:35.278 was just amazingly fast. 00:05:36.920 --> 00:05:38.019 And I was just like, 00:05:39.120 --> 00:05:40.903 did I just step into a 00:05:40.942 --> 00:05:43.464 different technological era? 00:05:44.459 --> 00:05:44.720 Yes. 00:05:44.980 --> 00:05:45.521 Yes, I did. 00:05:46.641 --> 00:05:47.903 Rama's asking who's rocking 00:05:47.923 --> 00:05:48.802 the background noise. 00:05:48.862 --> 00:05:49.704 That would be me. 00:05:50.043 --> 00:05:52.865 My very courteous neighbors 00:05:53.166 --> 00:05:54.327 are constructing early in 00:05:54.367 --> 00:05:54.968 the morning again. 00:05:55.148 --> 00:05:55.528 Thank you. 00:05:56.488 --> 00:05:56.928 Beautiful. 00:05:57.290 --> 00:06:00.072 So I'll say who's running a circular saw. 00:06:00.512 --> 00:06:03.754 In fact, is a circular saw or something. 00:06:04.454 --> 00:06:07.737 I would say it could be a circular saw. 00:06:08.117 --> 00:06:09.399 It might actually be a planer. 00:06:10.952 --> 00:06:11.694 Somebody was telling me the 00:06:11.713 --> 00:06:14.435 other day that because 00:06:14.656 --> 00:06:16.177 there's been a lot more bike thefts, 00:06:16.257 --> 00:06:19.581 what with, you know, recession or, well, 00:06:19.661 --> 00:06:20.862 cost of living slash 00:06:21.081 --> 00:06:21.882 inflation or whatever. 00:06:23.785 --> 00:06:25.766 But apparently, so obviously angle grinder, 00:06:26.266 --> 00:06:27.829 your classic way for 00:06:27.869 --> 00:06:30.630 defeating an expensive bike lock. 00:06:32.353 --> 00:06:33.274 But apparently they're very, 00:06:33.713 --> 00:06:35.615 most angle grinder, is it, 00:06:36.612 --> 00:06:38.634 a blade technically the the 00:06:38.735 --> 00:06:40.516 disc part would you call 00:06:40.536 --> 00:06:41.757 that a grinding disc 00:06:42.257 --> 00:06:43.517 grinding disc thing 00:06:43.538 --> 00:06:45.459 apparently most of them are 00:06:45.519 --> 00:06:46.920 very susceptible to even a 00:06:47.040 --> 00:06:48.581 small amount of ceramic 00:06:48.600 --> 00:06:49.822 they don't like it very 00:06:49.901 --> 00:06:51.622 much and so if you have 00:06:51.682 --> 00:06:53.043 like um essentially just 00:06:53.084 --> 00:06:54.964 like really thin uh ceramic 00:06:55.024 --> 00:06:57.547 layer in like a laminated 00:06:57.646 --> 00:07:00.088 bike lock like a layer of I 00:07:00.108 --> 00:07:01.209 guess a layer of metal a 00:07:02.129 --> 00:07:03.250 plastic lamination a 00:07:03.670 --> 00:07:04.812 ceramic lamination and 00:07:05.622 --> 00:07:06.944 then a rubber outer layer 00:07:07.043 --> 00:07:08.326 apparently it could really 00:07:08.386 --> 00:07:09.867 really with an angle 00:07:09.887 --> 00:07:12.870 grinder um really okay 00:07:12.930 --> 00:07:13.850 citation needed on that 00:07:13.891 --> 00:07:15.012 yeah a friend of mine who's 00:07:15.672 --> 00:07:17.033 I feel like what was what 00:07:17.053 --> 00:07:18.475 their degree I feel like 00:07:18.514 --> 00:07:20.297 they were their degree 15 00:07:20.297 --> 00:07:21.057 years ago whatever was 00:07:21.117 --> 00:07:22.478 science so I kind of defer 00:07:22.519 --> 00:07:24.199 to them on on subjects of 00:07:24.240 --> 00:07:25.221 this they were like ah yes 00:07:25.401 --> 00:07:26.723 ceramic that's the thing 00:07:26.762 --> 00:07:28.944 you need in your your bike 00:07:28.964 --> 00:07:31.266 they they do have all different kinds of 00:07:31.829 --> 00:07:32.629 Like blades, though, 00:07:32.649 --> 00:07:34.091 you can get diamond blades, 00:07:34.130 --> 00:07:35.511 which would make short work 00:07:35.591 --> 00:07:37.312 of a ceramic item. 00:07:37.773 --> 00:07:38.333 Yeah, I mean, 00:07:38.353 --> 00:07:39.213 it kind of seemed like if you 00:07:39.233 --> 00:07:41.314 were very serious about nicking bikes, 00:07:41.375 --> 00:07:42.415 you'd probably just have 00:07:42.576 --> 00:07:43.697 whatever the most expensive 00:07:43.737 --> 00:07:45.398 blade is because you want 00:07:45.437 --> 00:07:47.238 to be pulling up your van, 00:07:47.658 --> 00:07:49.000 knocking through the bike lock, 00:07:49.600 --> 00:07:51.242 bike in the back of the van and off. 00:07:51.581 --> 00:07:51.922 Because, I mean, 00:07:51.942 --> 00:07:53.182 it's happening in the centre of a city, 00:07:53.262 --> 00:07:53.463 right? 00:07:53.523 --> 00:07:54.384 It's not like there aren't 00:07:54.803 --> 00:07:57.105 the odd plod around and whatnot. 00:07:57.786 --> 00:07:58.086 I mean, 00:07:58.125 --> 00:07:59.607 from the videos I've seen recently, 00:08:00.396 --> 00:08:01.177 don't look like anyone 00:08:01.216 --> 00:08:02.418 really gives a fuck anyway 00:08:02.478 --> 00:08:03.298 so you could probably spend 00:08:03.338 --> 00:08:04.259 a good half an hour if you 00:08:04.278 --> 00:08:07.382 needed to yeah I did have a 00:08:07.422 --> 00:08:08.963 friend actually who's uh 00:08:09.744 --> 00:08:10.845 whose dad was a machine 00:08:10.904 --> 00:08:13.247 shop um guy and he 00:08:13.406 --> 00:08:15.728 accidentally locked his or 00:08:16.288 --> 00:08:16.910 he had that thing where 00:08:16.949 --> 00:08:17.690 somebody else locks their 00:08:17.730 --> 00:08:21.293 bike to yours um and so he 00:08:21.334 --> 00:08:22.595 borrowed an angle grinder 00:08:23.744 --> 00:08:25.725 Took it on the bus into the 00:08:25.766 --> 00:08:28.990 city and then just angle 00:08:29.050 --> 00:08:31.211 grinded the lock off his own bike. 00:08:32.092 --> 00:08:34.054 And a policeman did come over and was like, 00:08:34.475 --> 00:08:36.697 um, what are you doing? 00:08:36.878 --> 00:08:38.438 And he's like, this is my bike. 00:08:38.479 --> 00:08:40.140 Somebody else has locked their bike to it. 00:08:41.602 --> 00:08:42.423 And they're like, hmm. 00:08:44.417 --> 00:08:45.977 You kind of seem like, 00:08:46.918 --> 00:08:48.821 you kind of don't seem like a Scali, 00:08:49.260 --> 00:08:49.981 and this doesn't look like 00:08:50.022 --> 00:08:51.143 a particularly expensive bike, 00:08:51.202 --> 00:08:53.024 and you seem very intent on this one bike, 00:08:53.043 --> 00:08:54.284 so we're going to let it slide. 00:08:55.285 --> 00:08:56.346 They just walked off. 00:08:56.366 --> 00:08:58.109 They were like, yeah, fair enough. 00:08:58.269 --> 00:08:59.289 We believe that's your bike. 00:08:59.549 --> 00:09:00.431 Off you go. 00:09:01.692 --> 00:09:04.073 Whatever happened to police on the beat? 00:09:04.734 --> 00:09:06.096 I was walking around this 00:09:06.135 --> 00:09:08.457 suburb the other day in Melbourne, 00:09:08.738 --> 00:09:10.658 and it occurred to me, 00:09:11.764 --> 00:09:14.586 that I haven't seen a cop in 00:09:14.647 --> 00:09:17.950 like years on the street 00:09:19.291 --> 00:09:20.331 budget and there is 00:09:20.792 --> 00:09:23.173 graffiti everywhere yeah 00:09:23.234 --> 00:09:24.254 like there's no one you 00:09:24.274 --> 00:09:25.657 know knocking heads when 00:09:25.697 --> 00:09:26.878 you're spraying on the side 00:09:26.898 --> 00:09:28.759 of buildings and there's 00:09:28.840 --> 00:09:29.840 there's some crazy stat in 00:09:29.880 --> 00:09:31.261 this country about how like 00:09:31.461 --> 00:09:32.503 burglaries and things are 00:09:32.523 --> 00:09:34.144 just they're just not even 00:09:34.304 --> 00:09:35.725 investigated anymore like 00:09:36.166 --> 00:09:37.187 the the police just 00:09:38.429 --> 00:09:39.490 don't have the capacity or 00:09:39.530 --> 00:09:40.150 can't be fucked. 00:09:40.410 --> 00:09:40.910 One of the two. 00:09:40.931 --> 00:09:42.312 I don't know if that's the 00:09:42.351 --> 00:09:43.111 same in Australia. 00:09:43.152 --> 00:09:44.072 I thought you guys were like 00:09:44.113 --> 00:09:45.133 pretty recession proof. 00:09:45.153 --> 00:09:47.754 So you still probably funded, you know, 00:09:47.793 --> 00:09:50.315 like investigating 00:09:50.375 --> 00:09:51.836 burglaries or some shit, but. 00:09:52.697 --> 00:09:54.277 Well, yeah, 00:09:54.336 --> 00:09:56.018 like you can call them and they do stuff, 00:09:56.138 --> 00:09:58.239 but yeah, I don't know. 00:09:58.259 --> 00:09:58.499 I just, 00:09:59.099 --> 00:10:00.440 I feel like they should be out on 00:10:00.460 --> 00:10:00.879 the street, 00:10:00.899 --> 00:10:03.942 just busting shit when people like, 00:10:04.101 --> 00:10:04.341 you know, 00:10:04.926 --> 00:10:05.525 Are you sure they're not 00:10:05.567 --> 00:10:06.947 walking around whacking 00:10:06.988 --> 00:10:07.947 people with the nightstick 00:10:08.028 --> 00:10:08.609 for doing shit? 00:10:09.009 --> 00:10:10.210 Are they not just like busy 00:10:10.269 --> 00:10:11.510 investigating financial 00:10:11.530 --> 00:10:12.471 crime on the blockchain? 00:10:14.533 --> 00:10:16.054 Oh, yeah. 00:10:16.235 --> 00:10:16.615 I mean, 00:10:17.796 --> 00:10:19.096 if you were to go down to the 00:10:19.596 --> 00:10:20.298 police station, 00:10:20.317 --> 00:10:24.280 I'm sure there is just a bunch of highly, 00:10:24.761 --> 00:10:26.363 highly skilled police with 00:10:26.442 --> 00:10:28.224 pocket protectors doing God's work. 00:10:28.965 --> 00:10:29.105 Yeah. 00:10:29.125 --> 00:10:30.745 I mean, they're not, they're not walking. 00:10:32.006 --> 00:10:33.528 They're not walking the boomer beat. 00:10:33.849 --> 00:10:34.009 No. 00:10:34.860 --> 00:10:36.582 They're walking the meta beat. 00:10:38.063 --> 00:10:39.384 Like, it kind of shits me, though, 00:10:39.404 --> 00:10:42.268 because there's just people 00:10:42.347 --> 00:10:45.149 out here with spray cans, you know, 00:10:45.470 --> 00:10:47.631 tagging, like, 00:10:48.673 --> 00:10:49.913 historic buildings and shit. 00:10:49.953 --> 00:10:50.835 It's just kind of annoying. 00:10:52.015 --> 00:10:53.677 Like, I don't want to see you fucking... 00:10:54.745 --> 00:10:56.225 I just don't want to see your life. 00:10:56.245 --> 00:10:57.466 These kids, these youths, 00:10:58.028 --> 00:11:00.269 they're spraying this paint 00:11:00.369 --> 00:11:02.530 from a can and they're 00:11:02.571 --> 00:11:03.951 riding these boards with 00:11:04.011 --> 00:11:06.333 wheels and playing this 00:11:06.413 --> 00:11:07.774 music by this band called 00:11:07.855 --> 00:11:09.855 Fu Manchu and it's all very annoying. 00:11:10.517 --> 00:11:11.437 They just keep saying 00:11:11.518 --> 00:11:15.019 radical and flipping the bird to the man. 00:11:15.039 --> 00:11:17.201 I might not mind if... 00:11:19.133 --> 00:11:20.452 what they were painting was 00:11:20.533 --> 00:11:22.653 like you know a banksy or 00:11:22.673 --> 00:11:24.215 something but they're just 00:11:24.315 --> 00:11:25.914 scribbling their name or 00:11:25.955 --> 00:11:27.575 something it's illegal 00:11:27.676 --> 00:11:28.696 we're gonna start somewhere 00:11:28.755 --> 00:11:29.456 now you know what you're 00:11:29.475 --> 00:11:31.096 missing a trick right you 00:11:31.136 --> 00:11:33.157 should be going up to them 00:11:33.197 --> 00:11:34.758 and saying like do you want 00:11:34.778 --> 00:11:36.738 to earn some real money and 00:11:36.778 --> 00:11:38.599 buy real money I mean coins 00:11:40.048 --> 00:11:40.908 How about you? 00:11:41.009 --> 00:11:43.091 Put my crayon everywhere. 00:11:43.270 --> 00:11:43.591 Yeah. 00:11:43.630 --> 00:11:44.691 Put fucking big balls 00:11:44.730 --> 00:11:46.231 blockchain up on this building. 00:11:46.491 --> 00:11:48.533 That historic building built 00:11:48.533 --> 00:11:49.514 230 years ago. 00:11:49.734 --> 00:11:51.053 All wood construction. 00:11:51.595 --> 00:11:54.076 Very susceptible to, you know, 00:11:54.196 --> 00:11:55.836 hard enamel spray paint. 00:11:56.917 --> 00:11:58.557 Get my logo up on that shit 00:11:58.597 --> 00:11:59.578 and damn the damage. 00:12:00.078 --> 00:12:01.759 I'll pay for it with shit coins. 00:12:01.820 --> 00:12:02.500 That's what I'll do. 00:12:02.899 --> 00:12:04.181 They come after me, the cops. 00:12:04.660 --> 00:12:06.241 I'll just say, put it on my tab. 00:12:08.072 --> 00:12:09.152 spread over that banksy 00:12:09.192 --> 00:12:10.873 right there yeah just spray 00:12:10.893 --> 00:12:12.212 straight over that banksy 00:12:12.232 --> 00:12:14.033 that's yesterday's news the 00:12:14.072 --> 00:12:15.793 future's now old man and 00:12:15.813 --> 00:12:16.714 the future's big balls 00:12:16.754 --> 00:12:20.215 blockchain dot com forward 00:12:20.235 --> 00:12:21.695 slash null dot php 00:12:23.115 --> 00:12:28.076 trademarked um there is 00:12:28.177 --> 00:12:29.576 like in in melbourne there 00:12:29.616 --> 00:12:31.417 is a lot of pretty good 00:12:31.456 --> 00:12:33.577 graffiti especially around the cities 00:12:36.041 --> 00:12:38.043 Like, I'm talking about graffiti art. 00:12:39.224 --> 00:12:42.125 There's a lot of good murals 00:12:42.186 --> 00:12:42.866 and stuff around. 00:12:43.788 --> 00:12:46.149 It's just these fucking tags. 00:12:48.490 --> 00:12:49.793 They're just utterly ridiculous. 00:12:50.413 --> 00:12:52.414 Welcome to Noel's Boomer Hour. 00:12:53.475 --> 00:12:54.416 Yeah, there's a really good one. 00:12:54.797 --> 00:12:56.217 I can't remember his name. 00:12:56.437 --> 00:12:58.139 But there's one, like, literally, 00:12:58.320 --> 00:13:00.400 we're close to the train station here. 00:13:01.182 --> 00:13:02.322 And just around the corner... 00:13:04.187 --> 00:13:05.008 Right by the pub, 00:13:05.508 --> 00:13:08.171 there was a really nice one 00:13:08.431 --> 00:13:10.613 of Kim Jong-un, 00:13:12.134 --> 00:13:15.177 but some other twat fucking 00:13:15.217 --> 00:13:16.499 come and sprayed over the top of it. 00:13:16.538 --> 00:13:19.100 So fuckers. 00:13:19.902 --> 00:13:20.962 I'm trying to find the artist. 00:13:20.982 --> 00:13:22.224 It's really good. 00:13:22.464 --> 00:13:23.524 He's got quite a lot of them 00:13:23.565 --> 00:13:24.485 around Melbourne and Sydney. 00:13:24.986 --> 00:13:26.347 If it's not an NFT, who cares? 00:13:26.408 --> 00:13:27.208 It won't live forever. 00:13:27.229 --> 00:13:28.129 It'll be forgotten. 00:13:29.423 --> 00:13:31.083 i think these are nfts as 00:13:31.124 --> 00:13:32.684 well the nfts are timeless 00:13:32.725 --> 00:13:34.166 now you know this all art 00:13:34.245 --> 00:13:35.525 is ephemeral except for 00:13:35.647 --> 00:13:37.047 nfts which are inherently 00:13:37.106 --> 00:13:38.148 timeless and therefore more 00:13:38.207 --> 00:13:40.568 valuable I i think these 00:13:40.688 --> 00:13:43.471 ones are like nft arised 00:13:44.110 --> 00:13:46.932 after a completion before 00:13:46.972 --> 00:13:47.932 they get sprayed over by 00:13:48.073 --> 00:13:50.674 are they are they sprayed 00:13:50.735 --> 00:13:52.035 over by the same artist so 00:13:52.076 --> 00:13:53.176 that only the nft 00:13:53.255 --> 00:13:54.557 representation can remain 00:13:54.576 --> 00:13:56.357 they come back and they 00:13:56.398 --> 00:13:57.458 burn it they're like 00:13:58.870 --> 00:14:00.172 at the physical artifacts. 00:14:01.072 --> 00:14:03.153 You know, like, you know, 00:14:03.173 --> 00:14:04.674 the bubble writing of the nineties, 00:14:04.975 --> 00:14:08.157 like the, the graffiti bubble writing. 00:14:08.177 --> 00:14:09.597 Yeah. 00:14:09.638 --> 00:14:10.239 It was, it was, 00:14:10.839 --> 00:14:13.360 it was bubble written over by like, 00:14:13.500 --> 00:14:15.863 I don't know, Jerry or something. 00:14:16.202 --> 00:14:17.604 Probably by the Zion guys. 00:14:17.683 --> 00:14:17.903 Right. 00:14:17.923 --> 00:14:21.466 I should just, I should put, 00:14:21.525 --> 00:14:23.388 should put this on like, you know, 00:14:23.868 --> 00:14:25.448 mobile mode and walk 00:14:25.489 --> 00:14:26.750 outside and give you a tour 00:14:26.789 --> 00:14:27.410 of the neighborhoods. 00:14:27.471 --> 00:14:27.910 Graffiti graffiti. 00:14:28.765 --> 00:14:31.567 my critiques on each hey you 00:14:31.606 --> 00:14:32.366 know we could do it we 00:14:32.407 --> 00:14:33.147 could do an outside 00:14:33.187 --> 00:14:35.888 broadcast van version null 00:14:35.947 --> 00:14:37.447 on the null null's 00:14:37.488 --> 00:14:39.188 walkabout not on the range 00:14:40.149 --> 00:14:41.409 the null ranger I don't 00:14:41.429 --> 00:14:42.470 know something like that 00:14:43.230 --> 00:14:45.091 null on the beat take out 00:14:45.150 --> 00:14:47.551 my nightstick yeah it could 00:14:47.571 --> 00:14:49.172 be like people might get 00:14:49.392 --> 00:14:50.192 people might get the wrong 00:14:50.231 --> 00:14:53.852 idea of that no no on the beat uh 00:14:56.296 --> 00:14:58.616 Yeah, they probably would get it. 00:14:58.636 --> 00:15:01.837 I was about to say, no, 00:15:02.077 --> 00:15:03.839 it does sound very strongly 00:15:03.899 --> 00:15:04.639 like masturbation. 00:15:05.038 --> 00:15:06.779 It sounds like masturbation, doesn't it? 00:15:09.200 --> 00:15:13.841 So anyway, what have you been up to? 00:15:13.861 --> 00:15:14.902 I was talking shortly before 00:15:14.942 --> 00:15:16.982 the show about what's 00:15:17.043 --> 00:15:19.283 occurring during this bull market. 00:15:19.303 --> 00:15:19.744 I have spent like... 00:15:23.702 --> 00:15:25.943 I've spent the last week re 00:15:26.244 --> 00:15:28.104 reconfiguring a bunch of, um, 00:15:28.264 --> 00:15:32.345 Ansible and moving just 00:15:32.664 --> 00:15:34.505 shit loads of nodes to new servers, 00:15:34.566 --> 00:15:38.126 because after a lot of my 00:15:38.167 --> 00:15:39.126 servers are sort of coming 00:15:39.226 --> 00:15:42.207 up on a year of use, um, 00:15:43.067 --> 00:15:44.067 from when I moved a lot of 00:15:44.107 --> 00:15:46.408 things after the last bull market to, um, 00:15:47.188 --> 00:15:50.029 more economical, uh, servers and. 00:15:51.070 --> 00:15:53.251 the hard drives are trashed 00:15:53.991 --> 00:15:57.215 so they are well over 100 00:15:57.215 --> 00:16:00.697 um utilization and I don't 00:16:00.738 --> 00:16:03.099 mean space I mean like you 00:16:03.119 --> 00:16:04.780 know the nand flashes wore 00:16:04.801 --> 00:16:08.744 the out so um yeah been 00:16:08.803 --> 00:16:11.145 finding new providers new 00:16:11.186 --> 00:16:12.927 servers trying to find all 00:16:12.966 --> 00:16:13.527 those 7950x 3ds hidden 00:16:13.547 --> 00:16:14.447 around the place and uh 00:16:18.668 --> 00:16:19.528 moving stuff around, 00:16:19.568 --> 00:16:20.889 testing out some new providers. 00:16:21.470 --> 00:16:23.530 I can tell you that Contabo 00:16:25.191 --> 00:16:27.111 do not have good hard drives. 00:16:29.472 --> 00:16:30.273 I just can't believe you 00:16:30.293 --> 00:16:31.232 went and tried them again. 00:16:31.373 --> 00:16:33.953 Like, what were you thinking? 00:16:35.075 --> 00:16:38.056 Well, they... So, it is hard to find... 00:16:40.631 --> 00:16:42.793 So I don't know how familiar 00:16:42.813 --> 00:16:43.654 our audience is, 00:16:43.754 --> 00:16:45.096 probably not familiar at all, 00:16:45.356 --> 00:16:47.479 with some of the 00:16:47.519 --> 00:16:49.360 requirements of these faster networks. 00:16:49.681 --> 00:16:50.861 They tend to perform better 00:16:51.062 --> 00:16:54.705 on faster threads than slow threads. 00:16:55.166 --> 00:16:56.567 So you can have shitloads of 00:16:56.667 --> 00:16:58.129 threads or CPUs, 00:16:58.889 --> 00:17:01.432 and it won't necessarily 00:17:02.273 --> 00:17:04.193 yield a good result if you have... 00:17:05.204 --> 00:17:06.786 fewer threads that are faster, 00:17:06.826 --> 00:17:09.586 you can get a better result 00:17:10.027 --> 00:17:12.468 in terms of missed blocks. 00:17:12.488 --> 00:17:16.130 So the hunt continues for fast CPUs. 00:17:16.890 --> 00:17:23.492 And unfortunately, around APAC, 00:17:24.333 --> 00:17:26.273 there's not a lot on offer 00:17:26.634 --> 00:17:28.974 in terms of Ryzen CPUs and stuff. 00:17:29.795 --> 00:17:31.536 And I just came across Contabo. 00:17:31.776 --> 00:17:32.115 They had a 7900X. 00:17:34.010 --> 00:17:36.853 with a couple of options for 00:17:36.932 --> 00:17:38.013 hard drive sizes. 00:17:39.054 --> 00:17:40.134 It should have been a pretty 00:17:40.154 --> 00:17:45.019 good indicator that they had. 00:17:45.038 --> 00:17:46.700 They were denominated in the thousands, 00:17:46.900 --> 00:17:51.863 not like 960, 1800. 00:17:51.863 --> 00:17:53.604 They were rounded off to the thousands, 00:17:54.105 --> 00:17:56.226 which generally tells you 00:17:56.246 --> 00:17:57.446 that it's a consumer drive, 00:17:57.547 --> 00:17:59.709 not a enterprise drive. 00:18:00.469 --> 00:18:01.829 So anyway, they had... 00:18:03.714 --> 00:18:04.875 Like the model has rounded 00:18:04.935 --> 00:18:05.715 off to the thousands or 00:18:05.736 --> 00:18:06.496 what are you saying there? 00:18:07.336 --> 00:18:08.837 The capacity when the 00:18:08.857 --> 00:18:10.939 capacity is rounded off to the thousands, 00:18:11.019 --> 00:18:13.140 it's usually a consumer drive, you know, 00:18:13.160 --> 00:18:14.701 nice and easy to digest. 00:18:15.421 --> 00:18:18.563 So instead of the actual 1.92 or whatever. 00:18:19.222 --> 00:18:20.044 Yeah, exactly. 00:18:20.183 --> 00:18:21.124 Or a thousand instead of 00:18:21.163 --> 00:18:24.665 nine 60 or 4,000 instead of three 82. 00:18:24.665 --> 00:18:26.307 So, you know, when they're, 00:18:26.586 --> 00:18:28.847 when they're on the, the real numbers, 00:18:29.067 --> 00:18:29.749 it's usually. 00:18:30.992 --> 00:18:31.773 most of the time an 00:18:31.794 --> 00:18:32.794 enterprise drive of some 00:18:32.814 --> 00:18:34.536 description not necessarily 00:18:34.596 --> 00:18:36.116 always a good one but you 00:18:36.156 --> 00:18:37.198 know I never thought about 00:18:37.238 --> 00:18:38.739 that because I've primarily 00:18:38.759 --> 00:18:39.940 been a cloud fucking weenie 00:18:39.980 --> 00:18:41.059 for the last few years and 00:18:41.079 --> 00:18:42.401 you just ask for how much 00:18:42.441 --> 00:18:43.821 space you want and you just 00:18:43.862 --> 00:18:47.865 go two two is what I want 00:18:48.326 --> 00:18:52.368 megabytes no terabytes is 00:18:52.429 --> 00:18:54.589 what I would like yes 00:18:56.121 --> 00:18:58.842 So here at Kingnodes, 00:18:58.862 --> 00:18:59.782 we've also been building 00:18:59.843 --> 00:19:00.663 our own shit lately, 00:19:00.702 --> 00:19:02.022 which has been a bit of an adventure. 00:19:02.723 --> 00:19:06.505 And man, you pay for good hard drives. 00:19:06.585 --> 00:19:08.465 Like it is not a trivial thing. 00:19:09.185 --> 00:19:10.666 You can stick a consumer one 00:19:10.707 --> 00:19:11.968 terabyte drive in there and 00:19:12.167 --> 00:19:13.448 get out of it for like, you know, 00:19:13.488 --> 00:19:14.067 a hundred bucks. 00:19:15.068 --> 00:19:17.289 Whereas if you stick like an 00:19:17.390 --> 00:19:19.590 enterprise one terabyte drive in there, 00:19:20.471 --> 00:19:21.431 you're several hundreds 00:19:21.510 --> 00:19:22.811 more for a good one. 00:19:23.347 --> 00:19:24.107 it all comes down to the 00:19:24.167 --> 00:19:25.268 right endurance like how 00:19:25.288 --> 00:19:26.348 many times you can rewrite 00:19:26.368 --> 00:19:27.989 the drive and how how low 00:19:28.009 --> 00:19:30.750 the latency is um we've 00:19:30.769 --> 00:19:31.410 struck a pretty good 00:19:31.450 --> 00:19:34.150 balance um for our archive 00:19:34.910 --> 00:19:36.270 nodes of what we use in 00:19:36.310 --> 00:19:38.471 those but the drives are 00:19:38.530 --> 00:19:40.832 expensive um but they can 00:19:40.852 --> 00:19:41.711 be rewritten a bunch of 00:19:41.731 --> 00:19:44.951 times so um I haven't found 00:19:44.991 --> 00:19:48.313 like any any large uh 00:19:49.212 --> 00:19:50.573 drives with like a right 00:19:50.613 --> 00:19:52.953 endurance of three or higher so 00:19:54.451 --> 00:19:56.932 hunt continues well I'm 00:19:56.972 --> 00:19:57.853 talking about you know 00:19:57.893 --> 00:19:58.534 drives where you're not 00:19:58.574 --> 00:20:00.334 dropping 10 grand on a 15 00:20:00.334 --> 00:20:01.474 terabyte drive or something 00:20:03.276 --> 00:20:05.977 that's a thing really oh 00:20:06.017 --> 00:20:07.336 yeah yeah there's some 00:20:07.517 --> 00:20:09.377 expensive drives out there 00:20:09.938 --> 00:20:12.019 the um the ones we use in 00:20:12.138 --> 00:20:17.020 our archives are about I'm 00:20:17.040 --> 00:20:19.281 gonna say 1300 us I think 00:20:19.942 --> 00:20:21.982 per drive for what capacity 00:20:23.243 --> 00:20:24.986 15.36 terabytes. 00:20:25.948 --> 00:20:26.167 Wow. 00:20:27.128 --> 00:20:27.348 Wow. 00:20:27.368 --> 00:20:28.510 Those are hardcore. 00:20:29.711 --> 00:20:30.752 Yeah. 00:20:31.374 --> 00:20:32.394 Our first machine we built 00:20:32.414 --> 00:20:37.320 has four of them in it with ZFS. 00:20:37.340 --> 00:20:39.884 But the thing with ZFS is 00:20:39.903 --> 00:20:40.423 you don't get any... 00:20:42.886 --> 00:20:44.207 like multiplication of 00:20:44.267 --> 00:20:46.127 performance so for example 00:20:46.147 --> 00:20:47.528 if you put all those in in 00:20:47.608 --> 00:20:48.749 raid zero you would end up 00:20:48.788 --> 00:20:49.808 with like you know 00:20:49.848 --> 00:20:50.970 performance multiplication 00:20:50.990 --> 00:20:52.990 you'd get basically four 00:20:53.029 --> 00:20:54.211 times the iops because of 00:20:54.250 --> 00:20:56.751 the striping um and the 00:20:56.811 --> 00:20:58.692 right speed you know you'd 00:20:58.711 --> 00:21:00.553 be able to max out a 100 00:21:00.553 --> 00:21:01.432 gig network or something on 00:21:01.452 --> 00:21:03.253 the on the right speed but 00:21:03.334 --> 00:21:06.275 because we use zfs on archives um 00:21:07.929 --> 00:21:09.190 But in practice, that shit doesn't matter, 00:21:09.230 --> 00:21:09.509 does it? 00:21:09.569 --> 00:21:11.432 Because although the 00:21:11.612 --> 00:21:13.013 theoretical right of the 00:21:13.054 --> 00:21:14.894 drives would be higher, 00:21:15.035 --> 00:21:16.257 they do depend on what's 00:21:16.297 --> 00:21:18.198 doing the writing to the file system, 00:21:18.258 --> 00:21:18.439 right? 00:21:21.000 --> 00:21:21.260 So... 00:21:22.381 --> 00:21:25.423 Because almost all of the 00:21:25.544 --> 00:21:26.464 programs you're going to be 00:21:26.585 --> 00:21:28.267 running are going to do 00:21:28.988 --> 00:21:30.528 like their bottleneck of 00:21:30.548 --> 00:21:31.710 write speed is going to be 00:21:31.911 --> 00:21:33.751 application state machine level, right? 00:21:33.791 --> 00:21:34.553 Which will be single 00:21:34.593 --> 00:21:37.175 threaded or is often single threaded, 00:21:37.296 --> 00:21:37.455 right? 00:21:37.496 --> 00:21:40.618 Which is why your CPU is your bottleneck, 00:21:41.539 --> 00:21:42.141 not your drives. 00:21:42.300 --> 00:21:42.881 Unless they were a 00:21:42.922 --> 00:21:44.282 bottleneck anyway as well, 00:21:44.482 --> 00:21:45.324 which they could have been. 00:21:45.523 --> 00:21:45.944 I could be wrong. 00:21:46.977 --> 00:21:47.657 Could be way off base. 00:21:47.678 --> 00:21:49.580 I've not dug into those metrics too much, 00:21:49.760 --> 00:21:51.523 to be honest, other than on Aptos. 00:21:51.544 --> 00:21:53.306 I would say that... Go ahead. 00:21:55.509 --> 00:21:55.929 I was going to say, 00:21:55.949 --> 00:21:56.990 I don't particularly know 00:21:57.471 --> 00:21:59.451 about the actual workings 00:21:59.571 --> 00:22:01.453 of how those rights occur. 00:22:02.433 --> 00:22:04.536 How I have to spec my 00:22:04.556 --> 00:22:05.636 hardware is by looking at 00:22:06.196 --> 00:22:08.538 the usage under different 00:22:08.558 --> 00:22:11.221 scenarios and then size the 00:22:11.320 --> 00:22:12.842 hardware appropriately to 00:22:12.862 --> 00:22:13.762 the real world usage 00:22:13.843 --> 00:22:15.483 instead of trying to assume 00:22:15.523 --> 00:22:16.585 what's going on under the hood. 00:22:17.125 --> 00:22:20.127 So basically on this server, 00:22:20.147 --> 00:22:21.348 we just over-spec everything. 00:22:22.249 --> 00:22:22.410 And 00:22:23.981 --> 00:22:25.804 we are like most of the time 00:22:25.824 --> 00:22:28.685 um probably at about 60 00:22:28.685 --> 00:22:31.288 percent of the um read 00:22:31.328 --> 00:22:32.249 write capacity of that 00:22:32.289 --> 00:22:34.230 drive or those drives in 00:22:34.270 --> 00:22:36.874 zfs mode because with zfs 00:22:36.913 --> 00:22:37.854 you rewrite the drives all 00:22:37.875 --> 00:22:39.036 the time it's copy on right 00:22:39.115 --> 00:22:42.419 so it'll read a block uh 00:22:43.259 --> 00:22:45.101 and then if it's changed 00:22:45.580 --> 00:22:46.823 it'll then write a block 00:22:47.688 --> 00:22:48.249 Andrew Mashman- Elsewhere, 00:22:48.269 --> 00:22:49.509 and then just change the 00:22:50.191 --> 00:22:51.291 the log and say that that 00:22:51.451 --> 00:22:52.614 block no longer exists, 00:22:52.814 --> 00:22:54.195 that it read from so it's 00:22:54.236 --> 00:22:56.218 constantly like rewriting 00:22:56.258 --> 00:22:57.940 the log it'll write data 00:22:58.099 --> 00:22:59.181 write a log entry for that 00:22:59.240 --> 00:23:00.423 new block and then it'll 00:23:00.442 --> 00:23:03.026 delete the entry for the old block. 00:23:03.501 --> 00:23:04.722 so it constantly rewrites 00:23:04.762 --> 00:23:06.223 the drives round robin 00:23:07.586 --> 00:23:08.246 that's why you don't get 00:23:08.286 --> 00:23:09.307 any write performance 00:23:09.366 --> 00:23:10.028 increase because it 00:23:10.087 --> 00:23:11.189 actually just writes a 00:23:11.209 --> 00:23:13.009 block a block block and it 00:23:13.049 --> 00:23:15.432 won't necessarily write one 00:23:15.471 --> 00:23:16.432 drive then the next drive 00:23:16.452 --> 00:23:17.453 than the next drive it'll 00:23:17.894 --> 00:23:20.977 actually fill up to level 00:23:21.037 --> 00:23:23.058 out the drive usage so if 00:23:23.098 --> 00:23:25.200 you put a new drive in or a 00:23:25.240 --> 00:23:26.721 new vdev right so say if you 00:23:28.319 --> 00:23:28.440 I, 00:23:28.799 --> 00:23:30.701 people wouldn't be familiar with like V 00:23:30.721 --> 00:23:31.623 devs and all this type of stuff, 00:23:31.643 --> 00:23:32.743 but basically you can take 00:23:32.763 --> 00:23:34.404 a bunch of drives as your 00:23:34.444 --> 00:23:35.465 original set of drives, 00:23:35.905 --> 00:23:36.626 and then you can add 00:23:36.686 --> 00:23:38.347 another bunch of drives, um, 00:23:38.428 --> 00:23:39.568 when you need more capacity. 00:23:39.608 --> 00:23:39.809 Right. 00:23:40.470 --> 00:23:41.530 And then it'll basically 00:23:41.570 --> 00:23:43.011 just keep writing into the 00:23:43.071 --> 00:23:44.553 new drives until it reaches 00:23:44.614 --> 00:23:46.414 about the same level of usage as the next, 00:23:47.056 --> 00:23:47.996 as the old set of drives. 00:23:48.016 --> 00:23:49.718 And then it'll start going 00:23:49.738 --> 00:23:52.240 across all of the drives one by one, but 00:23:53.185 --> 00:23:53.945 The problem is you don't get 00:23:53.986 --> 00:23:55.787 any advantage in write speed. 00:23:55.807 --> 00:23:57.267 You do get a read speed advantage, 00:23:57.326 --> 00:24:00.387 but not a write speed advantage. 00:24:01.568 --> 00:24:01.989 Anyway. 00:24:02.788 --> 00:24:02.929 Well, 00:24:02.949 --> 00:24:04.429 if you need this kind of pedantry for 00:24:04.449 --> 00:24:05.349 your archive nodes, 00:24:05.430 --> 00:24:06.569 don't forget to get in 00:24:06.589 --> 00:24:07.250 touch with Big Bull's 00:24:07.269 --> 00:24:10.270 blockchain for all of your 00:24:11.551 --> 00:24:13.011 archive node needs. 00:24:13.932 --> 00:24:15.613 Because you're in possession 00:24:15.712 --> 00:24:17.874 of several large machines 00:24:17.973 --> 00:24:19.354 in want of an application. 00:24:20.458 --> 00:24:22.679 We, we do do a pretty good archive. 00:24:23.159 --> 00:24:26.140 And, um, the thing with archive is, 00:24:26.160 --> 00:24:27.441 is that they become out of, 00:24:27.941 --> 00:24:29.260 out of reach after a while 00:24:29.520 --> 00:24:30.781 for anyone else to enter 00:24:30.821 --> 00:24:31.541 the game as well. 00:24:31.602 --> 00:24:33.303 So once your database is 00:24:33.363 --> 00:24:34.343 like a hundred terabytes, 00:24:34.563 --> 00:24:35.324 there ain't no one trying 00:24:35.344 --> 00:24:35.963 to sync that up. 00:24:36.223 --> 00:24:38.884 So interestingly, um, 00:24:39.785 --> 00:24:42.046 so DYDX has been running for what? 00:24:42.806 --> 00:24:43.767 Five, six months now. 00:24:44.826 --> 00:24:48.208 And I have to say it is a 00:24:48.327 --> 00:24:49.648 healthy network for history. 00:24:50.678 --> 00:24:54.339 um we move around archives 00:24:54.380 --> 00:24:57.320 occasionally and so the way 00:24:57.601 --> 00:25:00.041 um our dydx archives work 00:25:00.061 --> 00:25:01.422 is we have one in australia 00:25:01.481 --> 00:25:03.863 which is not uh public it's 00:25:03.982 --> 00:25:06.403 just um it basically stops 00:25:06.483 --> 00:25:08.684 once a day uh writes a new 00:25:09.244 --> 00:25:11.006 um tarball so people can 00:25:11.046 --> 00:25:13.186 download it and then um 00:25:14.528 --> 00:25:15.448 starts up again right 00:25:16.967 --> 00:25:18.067 So that one's like a private 00:25:18.087 --> 00:25:20.230 thing with a public accessible tarball. 00:25:20.990 --> 00:25:23.372 And then we have like out in the wild ones, 00:25:23.451 --> 00:25:24.932 which we can still at the 00:25:24.972 --> 00:25:28.715 moment run on some rentable 00:25:28.756 --> 00:25:30.096 hardware at a reasonable cost, 00:25:30.517 --> 00:25:31.438 but it's starting to get a 00:25:31.478 --> 00:25:32.898 little bit big for that. 00:25:32.999 --> 00:25:38.242 But I'm moving one at the moment. 00:25:38.343 --> 00:25:41.204 So I'm actually just decided to sync 00:25:42.155 --> 00:25:42.955 it from scratch, 00:25:43.675 --> 00:25:44.797 just to see like how 00:25:44.856 --> 00:25:46.277 healthy the network is for history. 00:25:47.317 --> 00:25:48.938 And it's sinking like 2 00:25:48.938 --> 00:25:49.798 million blocks a day. 00:25:50.357 --> 00:25:51.558 And I didn't even have to 00:25:51.719 --> 00:25:52.898 give it a persistent peer 00:25:52.959 --> 00:25:54.859 to an existing archive. 00:25:54.900 --> 00:25:59.500 I just fed it the pokachu seed and it, uh, 00:25:59.580 --> 00:26:00.520 found on the network, 00:26:00.560 --> 00:26:01.701 the history it needed and 00:26:01.741 --> 00:26:02.882 started sinking right away. 00:26:02.902 --> 00:26:05.303 So it's definitely a good, 00:26:05.363 --> 00:26:06.363 healthy amount of history 00:26:06.762 --> 00:26:08.884 available out there on peers. 00:26:12.230 --> 00:26:13.671 It's interesting that that 00:26:13.691 --> 00:26:14.791 suggests that there hasn't 00:26:14.811 --> 00:26:16.393 been aggressive pruning going on. 00:26:18.273 --> 00:26:19.815 I think there's a lot of archives. 00:26:20.115 --> 00:26:21.115 I know of at least six. 00:26:21.757 --> 00:26:21.916 Yeah, 00:26:22.116 --> 00:26:23.938 I was going to say that the DYDX team 00:26:24.117 --> 00:26:25.839 is paying for a lot of archives, 00:26:25.960 --> 00:26:27.500 so it makes sense that it's healthy. 00:26:28.942 --> 00:26:30.383 Yeah, and it's working well. 00:26:31.384 --> 00:26:32.584 I didn't have to do anything. 00:26:32.644 --> 00:26:33.345 I didn't have to wait. 00:26:34.226 --> 00:26:35.646 As soon as I fired it up and 00:26:35.707 --> 00:26:37.288 it started connecting to peers, 00:26:37.327 --> 00:26:38.367 it started syncing. 00:26:40.190 --> 00:26:41.750 But also, I think when you prune... 00:26:42.813 --> 00:26:44.713 So I think you can actually 00:26:45.494 --> 00:26:48.217 sync history from, and Frey, 00:26:48.237 --> 00:26:50.219 you might know a bit more about this, 00:26:50.298 --> 00:26:52.721 but there's like two levels of data. 00:26:53.340 --> 00:26:54.721 There's the ABCI data, 00:26:54.801 --> 00:26:57.845 and then there's like the state, right? 00:26:58.865 --> 00:26:59.486 That gets written. 00:27:00.226 --> 00:27:03.709 And I think you can sync 00:27:04.730 --> 00:27:09.473 from pruned nodes an archive if they... 00:27:10.415 --> 00:27:12.076 have it from number one I'm 00:27:12.096 --> 00:27:14.898 not 100 sure the the phrase 00:27:14.959 --> 00:27:15.920 wobbling around there but 00:27:16.220 --> 00:27:16.779 I'm not sure if he's 00:27:16.839 --> 00:27:19.241 nodding or thinking well 00:27:19.261 --> 00:27:19.961 now it looks like he's 00:27:19.981 --> 00:27:23.364 thinking for the listeners 00:27:23.384 --> 00:27:25.346 it looks like he's taking a 00:27:25.486 --> 00:27:27.807 I think the prune I think I 00:27:27.846 --> 00:27:29.087 think once I think once 00:27:29.188 --> 00:27:30.828 pruned you wouldn't be able 00:27:30.888 --> 00:27:33.371 to because although you would have 00:27:34.490 --> 00:27:36.531 hashes of the aggregate com you, you would, 00:27:36.711 --> 00:27:37.612 you would have hashes of 00:27:37.652 --> 00:27:38.813 the aggregate commitments 00:27:38.932 --> 00:27:41.653 and you could step back through, um, 00:27:41.673 --> 00:27:45.435 you could step back through the tree. 00:27:49.498 --> 00:27:50.458 No, you don't, you know, 00:27:50.478 --> 00:27:51.137 you would only have the 00:27:51.178 --> 00:27:52.659 hashes of the commitments. 00:27:52.818 --> 00:27:54.339 In fact, that's, that's literally it. 00:27:54.460 --> 00:27:56.780 You wouldn't have the full 00:27:56.820 --> 00:28:01.222 block data unless I'm very much mistaken. 00:28:02.667 --> 00:28:05.209 Review incoming listeners, dear listener. 00:28:06.190 --> 00:28:07.230 Well, when a staff, 00:28:07.309 --> 00:28:09.050 when a staff catches up with this episode, 00:28:09.111 --> 00:28:10.231 no doubt we'll get tweeted. 00:28:10.471 --> 00:28:12.913 If that was, if that was, he'll tweet, 00:28:12.932 --> 00:28:14.334 what in the fuck is Nell talking about? 00:28:14.354 --> 00:28:17.194 He's an idiot. 00:28:17.635 --> 00:28:18.895 I do think that's how it works. 00:28:19.076 --> 00:28:19.876 Threading coming. 00:28:22.577 --> 00:28:24.479 Your, uh, your homework's been set as a, 00:28:25.859 --> 00:28:25.940 um, 00:28:27.260 --> 00:28:28.441 But yeah, anyway, 00:28:28.922 --> 00:28:30.741 so lots of interesting 00:28:30.781 --> 00:28:32.423 behind-the-scene stuff 00:28:32.462 --> 00:28:34.282 going on over the last week or so, 00:28:36.084 --> 00:28:37.703 which has resulted in less alarms, 00:28:37.763 --> 00:28:38.365 which is nice. 00:28:39.785 --> 00:28:40.525 That's interesting. 00:28:40.605 --> 00:28:42.105 And our Pego seems to be 00:28:42.145 --> 00:28:43.526 working fantastically after 00:28:43.546 --> 00:28:44.247 the move as well. 00:28:44.267 --> 00:28:47.528 Well, it just ups back the machine or...? 00:28:47.548 --> 00:28:50.788 Well, I mean, 00:28:50.828 --> 00:28:51.949 it's not really... The only really... 00:28:54.840 --> 00:28:56.301 Well, it is a faster CPU, 00:28:56.342 --> 00:28:57.323 but I can't see how that 00:28:57.343 --> 00:28:59.125 would change things. 00:28:59.305 --> 00:29:01.126 It's faster CPU, same RAM, 00:29:01.406 --> 00:29:03.008 and bigger hard drives. 00:29:04.269 --> 00:29:05.349 But I don't really... You know, 00:29:05.390 --> 00:29:06.852 Pega is a really strange thing. 00:29:07.332 --> 00:29:10.375 It'll hang for reasons unknown to man. 00:29:10.875 --> 00:29:12.557 Well, I mean, I think we just... I mean, 00:29:12.576 --> 00:29:12.737 again, 00:29:12.757 --> 00:29:15.739 I'm not familiar with the software for it, 00:29:15.838 --> 00:29:17.681 but it wouldn't surprise me 00:29:17.740 --> 00:29:19.363 if it's essentially a 00:29:19.423 --> 00:29:20.624 single-threaded application. 00:29:22.955 --> 00:29:24.637 Oh, I'm sure it is. 00:29:24.798 --> 00:29:27.240 I'm only certain. 00:29:27.359 --> 00:29:27.539 Yeah, 00:29:27.619 --> 00:29:29.260 relatively obvious reasons why that 00:29:29.300 --> 00:29:30.342 might be the case in the 00:29:30.422 --> 00:29:32.023 industry that we work in. 00:29:32.903 --> 00:29:34.144 What's the easiest way to 00:29:34.184 --> 00:29:35.226 make sure you don't do 00:29:35.286 --> 00:29:36.767 something that causes 00:29:36.827 --> 00:29:38.588 non-determinism on local nodes? 00:29:38.969 --> 00:29:39.869 Just don't bother with any 00:29:39.890 --> 00:29:42.132 of that parallelism shit. 00:29:42.311 --> 00:29:44.394 That's a good way of doing it, right? 00:29:44.973 --> 00:29:45.875 Which just leaves a lot of 00:29:46.075 --> 00:29:47.536 processing power on the table, 00:29:47.816 --> 00:29:49.897 given the dominant multi-core 00:29:51.695 --> 00:29:52.977 multi-vcore type 00:29:54.017 --> 00:29:55.417 architectures that we're used to now, 00:29:55.458 --> 00:29:55.659 right? 00:29:56.939 --> 00:29:57.960 I'll tell you what, though. 00:29:58.299 --> 00:29:59.181 So I don't know the 00:29:59.240 --> 00:30:00.401 architecture of the software, 00:30:00.461 --> 00:30:03.482 but we definitely, as validators, 00:30:03.522 --> 00:30:04.604 made a lot of complaints 00:30:05.424 --> 00:30:11.087 about it over the last several months. 00:30:11.748 --> 00:30:13.509 And the last update did 00:30:13.930 --> 00:30:15.471 improve things significantly. 00:30:15.611 --> 00:30:17.531 So I don't know if you noticed, Chilti, 00:30:17.731 --> 00:30:20.473 but... Fucking hell. 00:30:21.538 --> 00:30:25.202 When, uh, when they, sorry, 00:30:25.222 --> 00:30:26.624 I was just distracted by that, 00:30:26.683 --> 00:30:27.964 whatever the fuck is going on over there, 00:30:28.226 --> 00:30:29.707 strangling a calf or something. 00:30:30.587 --> 00:30:33.730 Um, so when you actually, if it stops, 00:30:33.810 --> 00:30:34.011 right. 00:30:34.051 --> 00:30:34.731 And you reset it, 00:30:34.811 --> 00:30:35.993 say if you're like 50 00:30:35.993 --> 00:30:37.015 nonsense behind or something, 00:30:37.875 --> 00:30:39.497 I noticed that it like batches now. 00:30:40.337 --> 00:30:41.659 I'm not sure if it did that before, but if, 00:30:41.878 --> 00:30:42.900 if you're way behind, 00:30:42.980 --> 00:30:44.541 it'll catch up like almost 00:30:44.602 --> 00:30:45.423 instantaneously. 00:30:47.385 --> 00:30:48.747 I think it's been there for a long time. 00:30:49.166 --> 00:30:50.186 It's always been pretty quick. 00:30:50.487 --> 00:30:51.386 Yeah, I think so. 00:30:53.968 --> 00:30:54.367 Interesting, 00:30:54.387 --> 00:30:57.788 because I noticed previously 00:30:57.828 --> 00:30:59.609 when I would observe the history of it, 00:30:59.690 --> 00:31:03.411 you'd see if it was going 00:31:03.471 --> 00:31:04.891 really slow or something, 00:31:05.471 --> 00:31:06.791 or even after a restart, 00:31:06.832 --> 00:31:07.832 it would catch up and then 00:31:08.152 --> 00:31:09.612 it would do a couple and 00:31:09.632 --> 00:31:10.633 then it would wait a while 00:31:10.673 --> 00:31:11.313 and then do a couple. 00:31:11.792 --> 00:31:13.192 It seemed previously to take 00:31:13.653 --> 00:31:15.213 hours to catch up sometimes. 00:31:16.161 --> 00:31:17.561 Um, I just know that now, whenever, 00:31:17.582 --> 00:31:19.923 you know, if it hangs and you restart it, 00:31:20.923 --> 00:31:22.753 um, and there's like, you know, 20, 00:31:22.753 --> 00:31:24.424 50 nuances or something like that, 00:31:24.444 --> 00:31:25.685 it would just do them all 00:31:25.746 --> 00:31:26.586 in one transaction. 00:31:28.067 --> 00:31:28.247 Okay. 00:31:28.267 --> 00:31:28.946 That I haven't seen. 00:31:28.967 --> 00:31:29.948 I haven't seen them all done 00:31:29.968 --> 00:31:30.748 in one transaction, 00:31:30.847 --> 00:31:32.189 just that they like blast 00:31:32.209 --> 00:31:33.009 them out really quick. 00:31:34.650 --> 00:31:35.951 It actually on the line. 00:31:36.010 --> 00:31:37.511 Now, um, if you look at the logs, 00:31:37.551 --> 00:31:38.612 it actually says the amount 00:31:38.652 --> 00:31:40.113 of transactions that it puts in there. 00:31:41.903 --> 00:31:42.742 or the amount of, 00:31:42.864 --> 00:31:43.943 like for all the different 00:31:44.364 --> 00:31:46.444 types of bridging, 00:31:47.965 --> 00:31:49.946 it'll actually have numbers 00:31:49.987 --> 00:31:51.728 for each of them in the log line, 00:31:52.268 --> 00:31:52.867 I'm pretty sure. 00:31:52.887 --> 00:31:55.710 But anyway, who cares? 00:31:55.829 --> 00:31:57.089 So from the chat, Noel, 00:31:57.971 --> 00:31:58.931 it seems that you might 00:31:59.010 --> 00:32:00.291 actually be right. 00:32:00.352 --> 00:32:01.432 Reece says in the chat, 00:32:02.173 --> 00:32:03.752 you can sync an archive 00:32:03.792 --> 00:32:05.114 from an event-prune node 00:32:05.574 --> 00:32:06.755 since events just come from 00:32:06.795 --> 00:32:08.836 messages begin and block as 00:32:08.875 --> 00:32:09.756 far as he knows. 00:32:10.817 --> 00:32:11.017 So... 00:32:11.913 --> 00:32:13.255 All you're doing by pruning 00:32:13.855 --> 00:32:17.898 that is not pruning the... 00:32:19.059 --> 00:32:21.001 Which I guess intuitively makes sense. 00:32:21.102 --> 00:32:22.182 I guess you're not actually 00:32:22.202 --> 00:32:23.523 pruning the state per se. 00:32:23.564 --> 00:32:26.105 You're pruning essentially 00:32:26.125 --> 00:32:28.627 the additional block metadata. 00:32:29.909 --> 00:32:31.330 If that's the... That might 00:32:31.351 --> 00:32:32.892 not be quite the correct technical term. 00:32:34.877 --> 00:32:35.898 But yeah, 00:32:36.138 --> 00:32:37.440 I'm not up enough with the 00:32:37.640 --> 00:32:38.661 pruning mechanics and what 00:32:38.681 --> 00:32:39.642 you're actually pruning to 00:32:40.301 --> 00:32:41.103 make a call on that. 00:32:41.182 --> 00:32:42.743 So I'll take Rhys' word for it. 00:32:43.365 --> 00:32:44.085 So yeah, 00:32:44.105 --> 00:32:45.566 it says as long as the event prune 00:32:45.605 --> 00:32:47.728 node is still an archive of blocks. 00:32:49.970 --> 00:32:52.832 So I'm not completely off the track. 00:32:55.213 --> 00:32:56.914 It seems not, is the conclusion. 00:32:59.237 --> 00:33:00.258 By the way, hi, Rhys. 00:33:00.939 --> 00:33:01.858 I sent you a message the 00:33:01.898 --> 00:33:03.259 other day to which you didn't respond, 00:33:03.279 --> 00:33:03.319 so... 00:33:05.478 --> 00:33:07.938 Would you like a commiseration prize, 00:33:07.998 --> 00:33:10.019 which is doing drill tweet of the week? 00:33:10.618 --> 00:33:11.519 Oh, fuck. 00:33:11.638 --> 00:33:12.838 It's been weeks since we've 00:33:12.858 --> 00:33:13.499 done a drill tweet. 00:33:13.719 --> 00:33:13.939 All right. 00:33:14.219 --> 00:33:14.519 Say when? 00:33:14.539 --> 00:33:15.019 Maybe months. 00:33:16.480 --> 00:33:16.660 When? 00:33:18.680 --> 00:33:20.260 Left page or right page? 00:33:20.760 --> 00:33:21.681 I literally have to say it 00:33:21.721 --> 00:33:23.861 before you start to get an early one. 00:33:23.881 --> 00:33:24.040 Well, 00:33:24.141 --> 00:33:26.801 it's because there's a speed of light lag, 00:33:26.842 --> 00:33:27.201 isn't there? 00:33:27.221 --> 00:33:28.821 We're in different continents and whatnot. 00:33:29.721 --> 00:33:29.902 Well, 00:33:29.961 --> 00:33:31.662 I think around here it's probably 00:33:31.721 --> 00:33:32.663 more speed of copper. 00:33:33.123 --> 00:33:34.982 But, yeah, I take your meaning. 00:33:37.413 --> 00:33:39.913 Left, left, left, middle, left, middle. 00:33:40.753 --> 00:33:41.714 The good ones are always in the middle. 00:33:43.994 --> 00:33:45.576 Okay. 00:33:46.955 --> 00:33:47.155 Okay. 00:33:47.175 --> 00:33:50.497 So every word in this tweet 00:33:50.636 --> 00:33:52.297 has a capital first letter. 00:33:52.836 --> 00:33:54.498 That's all you need to know. 00:33:54.538 --> 00:33:56.557 So it's formatted like a newspaper title, 00:33:56.698 --> 00:33:57.038 I guess. 00:33:59.058 --> 00:34:01.319 Disgusting Pear Man fucks 00:34:01.359 --> 00:34:02.859 his hideous orange wife. 00:34:04.157 --> 00:34:08.721 colon read more colon Reuters.com. 00:34:15.905 --> 00:34:17.905 I missed the precursor to 00:34:17.945 --> 00:34:20.987 that because like whatever that, 00:34:21.168 --> 00:34:22.329 that pre conversation you 00:34:22.369 --> 00:34:23.449 had where your lips were moving, 00:34:23.528 --> 00:34:25.230 I couldn't hear because 00:34:26.331 --> 00:34:27.411 Reese sent me a message 00:34:27.452 --> 00:34:29.012 that annihilated my eardrums. 00:34:30.016 --> 00:34:31.438 through my phone which is 00:34:31.518 --> 00:34:32.378 also connected to my 00:34:32.398 --> 00:34:33.938 headphones so sorry about 00:34:33.958 --> 00:34:35.840 that amazing well in 00:34:35.880 --> 00:34:36.760 conclusion you didn't miss 00:34:36.800 --> 00:34:38.141 anything um what was it 00:34:38.242 --> 00:34:39.922 pear man his hideous orange 00:34:39.963 --> 00:34:43.284 wife reuters why is she 00:34:43.364 --> 00:34:45.505 orange though one of the 00:34:45.565 --> 00:34:46.987 many one of the many 00:34:47.007 --> 00:34:50.168 mysteries of drill what you 00:34:50.208 --> 00:34:53.030 will yeah it's like the 00:34:53.050 --> 00:34:53.871 many layers of drill 00:34:56.188 --> 00:34:56.389 What? 00:34:56.548 --> 00:34:59.010 The book doesn't say when it 00:34:59.050 --> 00:35:00.152 was written or when it was tweeted? 00:35:00.291 --> 00:35:00.952 That's ridiculous. 00:35:00.972 --> 00:35:01.914 There's no quote date. 00:35:02.454 --> 00:35:03.315 I'm beginning to think a lot 00:35:03.355 --> 00:35:03.914 of these are fake. 00:35:04.195 --> 00:35:05.096 They're just made up. 00:35:05.916 --> 00:35:06.077 Right? 00:35:06.117 --> 00:35:07.498 He just comes up with, I'm on the spot. 00:35:08.318 --> 00:35:11.481 I feel like he just sat on 00:35:11.521 --> 00:35:12.722 his couch and came up with 00:35:12.742 --> 00:35:14.244 these ridiculous things and 00:35:14.284 --> 00:35:15.304 didn't even tweet them. 00:35:19.367 --> 00:35:20.489 Someone's searching. 00:35:22.090 --> 00:35:22.630 Yeah, right. 00:35:24.385 --> 00:35:25.547 like, fuck it, 00:35:25.606 --> 00:35:26.387 I need to get to the bottom 00:35:26.427 --> 00:35:27.148 of this bullshit. 00:35:30.891 --> 00:35:31.472 Okay, well, 00:35:31.492 --> 00:35:33.233 so it turns out that if you just, 00:35:33.693 --> 00:35:34.094 if you don't, 00:35:34.434 --> 00:35:35.536 because I don't know what 00:35:35.956 --> 00:35:36.936 the whole tweet was because 00:35:36.956 --> 00:35:38.378 I've now closed the book and put it away. 00:35:38.398 --> 00:35:40.641 So I just from memory 00:35:41.300 --> 00:35:43.864 Googled what I just said 00:35:44.483 --> 00:35:45.244 for the drill tweet. 00:35:47.246 --> 00:35:48.286 And it turns out 00:35:49.960 --> 00:35:52.181 that with safe search off if 00:35:52.260 --> 00:35:55.001 you type pair man fucks his 00:35:55.061 --> 00:35:58.123 hideous orange wife you can 00:35:58.182 --> 00:35:59.043 imagine what the internet 00:35:59.083 --> 00:36:00.224 does for you it does not 00:36:00.764 --> 00:36:02.965 give you back the twitter 00:36:04.364 --> 00:36:05.704 post by drill that you were 00:36:05.726 --> 00:36:10.567 looking for it instead has 00:36:10.606 --> 00:36:12.748 a load of stuff on dating 00:36:12.987 --> 00:36:15.748 and yeah just lots of 00:36:18.139 --> 00:36:20.521 yeah and and you know not 00:36:20.541 --> 00:36:22.822 because just just yes just 00:36:22.862 --> 00:36:25.521 let's just move on so 00:36:25.581 --> 00:36:26.643 whatever is rule six of the 00:36:26.682 --> 00:36:28.563 internet it just don't 00:36:28.663 --> 00:36:30.204 especially don't provoke it 00:36:30.224 --> 00:36:32.023 by by adding in the phrase 00:36:32.204 --> 00:36:34.085 idiot wife let's just say 00:36:34.605 --> 00:36:37.746 that was a mistake that's 00:36:37.766 --> 00:36:39.126 now in your search history 00:36:39.166 --> 00:36:40.726 for the books maybe we 00:36:40.746 --> 00:36:41.967 should have a new a new 00:36:42.088 --> 00:36:43.208 type of book it's like 00:36:43.668 --> 00:36:45.568 phrase search history um 00:36:47.501 --> 00:36:50.043 So I do need to make a 00:36:50.103 --> 00:36:51.344 public apology to Rhys. 00:36:51.583 --> 00:36:52.585 Apparently I didn't send him 00:36:52.605 --> 00:36:53.985 a message and I only thought it. 00:36:56.186 --> 00:36:56.525 Wow. 00:36:57.806 --> 00:37:01.088 His, uh, his, his message to me, 00:37:01.208 --> 00:37:06.251 which annihilated my eardrums was, um, 00:37:06.271 --> 00:37:07.530 where's this message I've 00:37:07.550 --> 00:37:08.251 searched everywhere. 00:37:08.271 --> 00:37:11.313 Re retort. 00:37:12.699 --> 00:37:15.059 okay well good that your 00:37:15.119 --> 00:37:16.001 social life is back on 00:37:16.041 --> 00:37:19.322 track now shall we do a 00:37:19.583 --> 00:37:21.103 news item there's quite a 00:37:21.123 --> 00:37:23.264 lot of news this week quite 00:37:23.284 --> 00:37:26.326 a lot of shenanigans drama 00:37:26.487 --> 00:37:28.628 was a little bit thrown 00:37:28.688 --> 00:37:29.947 aback by the amount of 00:37:31.188 --> 00:37:32.489 already available news in 00:37:32.510 --> 00:37:35.251 the spreadsheet he strongly 00:37:35.271 --> 00:37:36.351 suggested that we're 00:37:36.371 --> 00:37:39.873 stepping on his uh job yeah well 00:37:40.802 --> 00:37:41.523 I thought it was very, 00:37:41.563 --> 00:37:43.905 very funny that on crypto betting, 00:37:44.186 --> 00:37:46.047 you can currently bet on 00:37:46.246 --> 00:37:49.349 SBF's expected jail term. 00:37:50.891 --> 00:37:52.552 So according to... 00:37:53.559 --> 00:37:54.679 what is crypto betting is 00:37:54.699 --> 00:37:57.382 this some website uh 00:37:57.422 --> 00:37:58.882 something else on the 00:37:58.922 --> 00:38:00.103 crypto petting site 00:38:00.184 --> 00:38:02.606 polymarket according to 00:38:02.646 --> 00:38:05.807 coindesk um you can bet on 00:38:05.967 --> 00:38:08.489 sbf's jail term um one 00:38:08.530 --> 00:38:09.990 percent have bet five to 00:38:10.050 --> 00:38:11.791 ten years eight percent 00:38:11.831 --> 00:38:14.014 have bet over 50 years uh 00:38:14.134 --> 00:38:15.414 and most better's money is 00:38:15.474 --> 00:38:17.175 falling on between 20 to 50 years so 00:38:19.097 --> 00:38:20.719 um not financial advice but 00:38:20.739 --> 00:38:22.563 uh apparently a poly market 00:38:22.663 --> 00:38:23.925 is the is the place to go 00:38:23.945 --> 00:38:27.309 uh for whether yeah the um 00:38:27.630 --> 00:38:28.972 the the there was there was 00:38:29.012 --> 00:38:31.054 that insane will sbf sentence babe 00:38:31.721 --> 00:38:34.963 Yeah, so there was a great thing, 00:38:35.003 --> 00:38:35.403 wasn't there? 00:38:35.443 --> 00:38:36.485 Where basically he's been 00:38:36.525 --> 00:38:38.286 trying to argue like, ah, you know, 00:38:38.326 --> 00:38:39.606 people will be made whole. 00:38:39.827 --> 00:38:40.728 It's all fine. 00:38:41.809 --> 00:38:43.929 You know, client is very, very sorry. 00:38:44.490 --> 00:38:46.731 And then they discovered, I think, 00:38:46.771 --> 00:38:48.193 like a Google Doc in the 00:38:48.253 --> 00:38:49.835 dump of data and stuff that 00:38:49.855 --> 00:38:51.275 they subpoenaed. 00:38:51.295 --> 00:38:53.858 Or no, it was like a spreadsheet. 00:38:53.878 --> 00:38:55.038 It wasn't even a Google Doc. 00:38:55.057 --> 00:38:56.239 It was like this fucking 00:38:56.378 --> 00:38:59.481 Excel file with just like, 00:38:59.922 --> 00:39:01.023 it was called something like, 00:39:02.454 --> 00:39:05.018 probably bad ideas lol and 00:39:05.057 --> 00:39:06.119 it was like all of his 00:39:06.219 --> 00:39:07.059 thoughts for like 00:39:07.119 --> 00:39:08.681 rehabilitating his image 00:39:09.322 --> 00:39:10.443 and it was just again in a 00:39:10.583 --> 00:39:12.005 file in a pile of stuff 00:39:12.045 --> 00:39:13.126 that obviously was gonna 00:39:13.146 --> 00:39:14.927 get seized by the feds and it's like 00:39:16.800 --> 00:39:17.219 I don't know, 00:39:17.239 --> 00:39:19.760 some bullshit like go on Oprah. 00:39:19.820 --> 00:39:20.581 No, it's not even that. 00:39:20.862 --> 00:39:22.942 It's like, it wouldn't be go on Oprah. 00:39:23.081 --> 00:39:24.182 That was Lance Armstrong. 00:39:25.302 --> 00:39:26.704 But it's just like a load of really, 00:39:26.764 --> 00:39:27.963 really disingenuous shit. 00:39:28.083 --> 00:39:29.164 And then obviously it just 00:39:29.204 --> 00:39:30.585 comes up in court where they're like, 00:39:31.465 --> 00:39:32.525 but Mr. Bankman Freed, 00:39:32.965 --> 00:39:35.327 in the piece of evidence, you know, 00:39:35.586 --> 00:39:37.146 presented by the prosecution, blah, blah, 00:39:37.166 --> 00:39:38.688 blah, entitled 00:39:39.088 --> 00:39:40.307 probably bad ideas to 00:39:40.347 --> 00:39:42.309 rehabilitate my image colon 00:39:42.369 --> 00:39:44.670 lol uh you have stated uh 00:39:44.690 --> 00:39:48.010 it's a comma lol uh you you 00:39:48.030 --> 00:39:49.670 have stated blah blah blah 00:39:49.891 --> 00:39:50.731 you know should make the 00:39:50.771 --> 00:39:52.351 dj's happier or something 00:39:53.092 --> 00:39:54.032 do you think this is in 00:39:54.112 --> 00:39:55.552 good faith or bad faith and 00:39:55.592 --> 00:39:57.612 it's just like oh my god 00:39:57.873 --> 00:40:01.153 he's going to prison for a long time like 00:40:02.838 --> 00:40:03.059 I just, 00:40:03.119 --> 00:40:04.139 I don't have faith he's going to 00:40:04.179 --> 00:40:05.079 prison for a long time. 00:40:05.199 --> 00:40:07.460 I wish I did, but after, um, 00:40:07.480 --> 00:40:11.181 what was that lady that did the, uh, she, 00:40:11.300 --> 00:40:14.342 she led, um, 00:40:14.362 --> 00:40:15.961 a medical company that was supposed to, 00:40:15.981 --> 00:40:17.442 like, take a drop of your blood. 00:40:17.461 --> 00:40:18.862 Oh, Theranos. 00:40:19.362 --> 00:40:20.123 That's the one, Theranos. 00:40:20.143 --> 00:40:21.143 Yeah, she got, she went to prison for, 00:40:21.163 --> 00:40:22.242 like, what, six years? 00:40:22.503 --> 00:40:23.503 She's about to get out soon? 00:40:24.344 --> 00:40:26.463 That seems more egregious than FTX, 00:40:26.483 --> 00:40:27.744 even though FTX, like, 00:40:28.025 --> 00:40:28.684 could cost a lot of money. 00:40:31.349 --> 00:40:33.110 But that was the Ponzi company, right? 00:40:33.150 --> 00:40:35.429 She just wasn't a doctor, 00:40:35.550 --> 00:40:36.650 didn't create anything, 00:40:37.010 --> 00:40:38.731 sold all these fucking shares. 00:40:38.831 --> 00:40:41.092 It was only VCs that lost money. 00:40:41.152 --> 00:40:43.172 I mean, like world's smallest violin, 00:40:43.213 --> 00:40:43.432 right? 00:40:44.373 --> 00:40:45.233 Yes, for sure. 00:40:45.393 --> 00:40:47.753 But she still only got, in effect, 00:40:47.773 --> 00:40:48.773 for how much money it was, 00:40:48.793 --> 00:40:50.355 a slap on the wrist. 00:40:50.574 --> 00:40:51.534 I just don't have faith that 00:40:51.554 --> 00:40:52.215 SPF is going to go away. 00:40:52.235 --> 00:40:53.576 Did she get to keep any of the money, 00:40:53.596 --> 00:40:53.755 though? 00:40:55.545 --> 00:40:56.766 She was very well connected. 00:40:56.806 --> 00:40:58.547 She was from a well-off family and stuff, 00:40:58.586 --> 00:40:59.927 wasn't she? 00:40:59.987 --> 00:41:02.188 The reason that something 00:41:02.507 --> 00:41:05.409 happened was because the 00:41:05.429 --> 00:41:06.869 people who lost money were 00:41:06.929 --> 00:41:08.510 very well connected and 00:41:08.610 --> 00:41:09.731 demanded something be done. 00:41:10.411 --> 00:41:12.612 But like all these things, also, 00:41:12.652 --> 00:41:13.851 if you're very well connected, 00:41:13.891 --> 00:41:15.152 it's like the scene in Wolf 00:41:15.172 --> 00:41:17.632 of Wall Street where he's like, 00:41:17.713 --> 00:41:18.974 but then I remembered I was 00:41:19.034 --> 00:41:20.353 going to jail in America 00:41:20.434 --> 00:41:21.393 and I was rich and that 00:41:21.434 --> 00:41:22.614 shows him playing tennis. 00:41:22.735 --> 00:41:23.195 And you're like, 00:41:23.815 --> 00:41:24.795 yeah I mean that's exactly 00:41:24.815 --> 00:41:25.516 what happened to her she 00:41:25.536 --> 00:41:26.396 was slapped on the wrist 00:41:26.456 --> 00:41:28.719 and sent to tennis jail um 00:41:29.018 --> 00:41:30.239 for a few years which is 00:41:30.280 --> 00:41:31.400 basically just like a shit 00:41:31.440 --> 00:41:33.983 college um to think about 00:41:34.583 --> 00:41:35.724 what she's done before she 00:41:35.784 --> 00:41:37.144 comes out and inevitably 00:41:37.585 --> 00:41:38.545 raise the venture capital 00:41:38.585 --> 00:41:40.788 for her next venture oh 00:41:40.807 --> 00:41:41.568 yeah you know she's gonna 00:41:41.588 --> 00:41:42.568 be sent to the corner like 00:41:42.708 --> 00:41:45.371 the day after yeah exactly 00:41:45.391 --> 00:41:46.411 or she'll sell the right 00:41:46.572 --> 00:41:47.932 amazon yeah there'll be a 00:41:47.972 --> 00:41:50.114 book for sure yeah yeah exactly um 00:41:51.835 --> 00:41:54.396 so you said you had no faith 00:41:54.416 --> 00:41:55.077 that there's going to be a 00:41:55.117 --> 00:41:56.717 jail term shortsy would you 00:41:56.777 --> 00:41:59.519 care to put money on that I 00:41:59.559 --> 00:42:00.161 think there's going to be a 00:42:00.201 --> 00:42:01.762 jail term I don't think it 00:42:02.141 --> 00:42:03.643 like people putting down 50 00:42:03.643 --> 00:42:05.983 plus years absolutely so 00:42:06.003 --> 00:42:07.445 you're thinking five to ten 00:42:07.764 --> 00:42:08.846 can I put you down for a 00:42:08.865 --> 00:42:13.708 hundred thousand coins the 00:42:14.210 --> 00:42:15.831 popular opinion is 30 to 30 00:42:15.831 --> 00:42:17.391 to 40 years 28 wait how 00:42:17.411 --> 00:42:19.333 many how many uh cabarets 00:42:19.373 --> 00:42:20.393 do we want to put on this 00:42:21.570 --> 00:42:22.911 What shit coins do they take 00:42:22.971 --> 00:42:24.431 on this best thing site anyway? 00:42:25.112 --> 00:42:26.492 You'll have to get them out of storage, 00:42:26.853 --> 00:42:27.172 i.e. 00:42:27.253 --> 00:42:29.494 fucking boot up the network again. 00:42:29.914 --> 00:42:30.775 Boot up the network. 00:42:33.235 --> 00:42:34.617 Presumably this is Ethereum 00:42:35.237 --> 00:42:39.840 or some L2 powered by Polygon and Lima. 00:42:40.199 --> 00:42:40.340 Yeah. 00:42:40.938 --> 00:42:41.318 Okay, 00:42:41.458 --> 00:42:44.000 so second best piece of news of the week? 00:42:44.641 --> 00:42:45.960 Well, I mean, 00:42:45.981 --> 00:42:46.981 we're still not off this yet. 00:42:47.282 --> 00:42:47.742 Firstly, 00:42:47.782 --> 00:42:49.523 I looked up this Polymarket and it 00:42:49.583 --> 00:42:50.463 is fucking amazing. 00:42:51.583 --> 00:42:52.364 I think this is going to be 00:42:52.384 --> 00:42:53.123 my new homepage. 00:42:54.005 --> 00:42:55.905 But I want to know, 00:42:56.925 --> 00:42:58.547 and maybe this is a follow-up, 00:42:58.726 --> 00:43:00.228 like how they actually 00:43:00.307 --> 00:43:04.228 record the results on here in a, you know, 00:43:04.369 --> 00:43:05.530 decentralized manner. 00:43:05.750 --> 00:43:08.670 So that, because these are all very, 00:43:09.592 --> 00:43:09.871 you know, 00:43:11.081 --> 00:43:12.302 user input type things, 00:43:12.824 --> 00:43:14.244 whether or not these things happened. 00:43:14.806 --> 00:43:16.507 Do people like vote on them after they. 00:43:16.527 --> 00:43:23.574 Generously Oracle where, yeah, I mean, 00:43:23.614 --> 00:43:25.195 it would need some kind of Oracle, right. 00:43:26.204 --> 00:43:27.164 Oh, here's another one. 00:43:27.704 --> 00:43:28.905 They've got the top ones up here. 00:43:28.945 --> 00:43:30.286 So the top ones are the 00:43:30.706 --> 00:43:34.447 presidential election winner 2024. 00:43:34.447 --> 00:43:34.668 You know, 00:43:34.728 --> 00:43:36.309 they don't say US presidential 00:43:36.369 --> 00:43:37.010 election winners. 00:43:37.070 --> 00:43:38.130 So they're just assuming 00:43:38.170 --> 00:43:39.490 that the entire world only 00:43:39.550 --> 00:43:40.550 thinks about the US. 00:43:40.731 --> 00:43:42.672 But it looks like we're 00:43:42.692 --> 00:43:43.452 going to have a Trump president. 00:43:43.472 --> 00:43:44.132 Which is true. 00:43:44.492 --> 00:43:47.655 Which is true. 00:43:47.675 --> 00:43:50.036 Ethereum ETF approved by May 31st. 00:43:55.318 --> 00:43:56.260 Doesn't say the year, 00:43:56.300 --> 00:43:57.201 but I'm assuming 2024. 00:43:57.201 --> 00:44:00.623 That seems unlikely. 00:44:01.003 --> 00:44:02.083 Good point. 00:44:02.103 --> 00:44:05.126 This is pretty weak that it 00:44:05.146 --> 00:44:06.527 didn't say the actual... Oh, no, no. 00:44:06.628 --> 00:44:07.668 It says it in the rules. 00:44:08.268 --> 00:44:09.831 The title itself says just May 31st, 00:44:09.851 --> 00:44:11.112 but in the rules it says 00:44:11.192 --> 00:44:12.172 this market will resolve to 00:44:12.273 --> 00:44:13.994 yes if any spot Ethereum 00:44:14.094 --> 00:44:15.715 ETF resolves receives 00:44:15.755 --> 00:44:16.996 approval from the SEC by May 31st, 00:44:16.996 --> 00:44:17.237 2024 by 12 p.m. 00:44:17.257 --> 00:44:17.617 Eastern Time. 00:44:22.766 --> 00:44:23.286 Ah, copy. 00:44:23.347 --> 00:44:25.829 The chance is becoming less and less. 00:44:26.670 --> 00:44:26.949 Yeah. 00:44:27.771 --> 00:44:30.954 There is the... Not UTC. 00:44:30.994 --> 00:44:32.275 Fucking Eastern Time. 00:44:32.554 --> 00:44:34.277 Not even PST. 00:44:34.617 --> 00:44:36.418 Not even like the time zone of Tag. 00:44:36.878 --> 00:44:40.161 The time zone of... What? 00:44:41.730 --> 00:44:41.989 No, 00:44:42.130 --> 00:44:43.710 I think that makes sense because the 00:44:43.751 --> 00:44:46.172 New York Stock Exchange is Eastern Time, 00:44:46.213 --> 00:44:46.452 right? 00:44:46.893 --> 00:44:47.873 And so if the ETF would 00:44:47.893 --> 00:44:49.534 probably be based off of that. 00:44:49.635 --> 00:44:50.655 So I'd give it to him. 00:44:51.255 --> 00:44:51.976 I think that makes sense. 00:44:52.577 --> 00:44:54.157 And the ETF probably assumes 00:44:54.297 --> 00:44:55.978 US ETFs anyway, right? 00:44:55.998 --> 00:44:56.860 Because I think Canada 00:44:56.900 --> 00:44:58.661 actually has an Ethereum ETF already. 00:44:58.681 --> 00:45:00.862 Oh, I mean, yeah, probably. 00:45:02.923 --> 00:45:04.264 Not that I'm defending them too much. 00:45:04.364 --> 00:45:05.005 I'm just saying. 00:45:05.025 --> 00:45:08.106 I'm just saying Eastern Time 00:45:08.146 --> 00:45:09.108 makes a lot of sense. 00:45:11.722 --> 00:45:15.706 So, interestingly, out of the top four, 00:45:16.027 --> 00:45:16.927 one of them is the 00:45:17.188 --> 00:45:18.409 presidential election winner, 00:45:18.509 --> 00:45:20.489 which the top one at the 00:45:20.530 --> 00:45:22.311 moment is Donald Trump. 00:45:23.753 --> 00:45:26.914 But then the number four is 00:45:27.396 --> 00:45:28.597 Trump convicted of felony 00:45:28.617 --> 00:45:29.376 before election. 00:45:30.418 --> 00:45:31.539 Overwhelmingly, yes. 00:45:31.559 --> 00:45:32.059 I mean... 00:45:37.304 --> 00:45:38.144 The more interesting 00:45:38.184 --> 00:45:39.505 question really is not who 00:45:39.525 --> 00:45:40.425 wins the election, 00:45:40.465 --> 00:45:41.445 but does the Electoral 00:45:41.505 --> 00:45:44.206 College actually say, whoa, 00:45:44.286 --> 00:45:44.967 hang on a minute, 00:45:45.527 --> 00:45:46.628 you can't be president 00:45:46.967 --> 00:45:48.929 because of the other thing, 00:45:49.909 --> 00:45:50.949 which probably won't happen. 00:45:51.130 --> 00:45:51.530 I don't know. 00:45:51.550 --> 00:45:53.210 I'm not familiar enough with 00:45:53.291 --> 00:45:53.771 whether or not the 00:45:53.811 --> 00:45:55.291 Electoral College is just 00:45:57.371 --> 00:45:58.632 like a rubber stamp or 00:45:58.672 --> 00:46:00.974 whether it actually would ever say, 00:46:00.994 --> 00:46:03.054 our job is oversight and we 00:46:03.094 --> 00:46:03.914 are going to say, nope. 00:46:06.940 --> 00:46:10.762 can a can a felon be the 00:46:10.802 --> 00:46:13.226 president yes but certain 00:46:13.266 --> 00:46:15.467 types of felony disbar you 00:46:15.847 --> 00:46:21.313 right so uh when like what 00:46:21.652 --> 00:46:22.554 well actually no I don't 00:46:22.614 --> 00:46:24.514 know in the u.s I know I'm 00:46:24.594 --> 00:46:26.097 pretty certain here if 00:46:26.137 --> 00:46:27.438 you're convicted of treason 00:46:27.478 --> 00:46:28.679 or high treason you can't 00:46:28.719 --> 00:46:29.880 hold high office like it's 00:46:29.920 --> 00:46:30.621 really specific 00:46:32.809 --> 00:46:33.309 Wait, hold on. 00:46:33.329 --> 00:46:34.190 We've got to stop for a second. 00:46:34.269 --> 00:46:34.710 What's the difference 00:46:34.730 --> 00:46:35.771 between treason and high treason? 00:46:35.811 --> 00:46:36.871 I didn't realize there was a difference. 00:46:36.911 --> 00:46:38.391 I thought one was like how 00:46:38.431 --> 00:46:39.351 dramatic you were going to 00:46:39.371 --> 00:46:40.411 be when you said treason. 00:46:41.851 --> 00:46:43.672 Treason is you're going to prison. 00:46:43.751 --> 00:46:44.492 High treason is you're going 00:46:44.512 --> 00:46:45.132 to prison for life. 00:46:47.273 --> 00:46:50.034 But it's degrees of the crime. 00:46:51.273 --> 00:46:52.675 I don't know the exact definition, 00:46:52.835 --> 00:46:54.434 but I think you'd have to... 00:46:55.545 --> 00:46:56.545 I think you could probably 00:46:56.606 --> 00:46:58.067 commit treason with a fuck up, 00:46:58.266 --> 00:46:59.407 but I think you'd have to 00:46:59.527 --> 00:47:01.248 actively work against the 00:47:01.288 --> 00:47:03.887 state to commit high treason. 00:47:05.228 --> 00:47:09.449 Like you'd have to like, no, 00:47:09.469 --> 00:47:10.769 be a spy or try and 00:47:10.909 --> 00:47:13.231 assassinate somebody or something. 00:47:13.291 --> 00:47:13.650 I don't know. 00:47:14.431 --> 00:47:15.110 I think if you broke the 00:47:15.130 --> 00:47:16.050 official secrets act, 00:47:16.090 --> 00:47:17.632 that would be treason, for example. 00:47:18.172 --> 00:47:18.992 And a lot of government 00:47:19.032 --> 00:47:20.293 contractors have to sign 00:47:20.733 --> 00:47:21.893 the official secrets act. 00:47:23.757 --> 00:47:25.237 If you work on defense radar 00:47:25.318 --> 00:47:26.077 as a programmer, 00:47:26.577 --> 00:47:28.199 you could commit treason by 00:47:28.699 --> 00:47:29.340 accidentally telling 00:47:29.360 --> 00:47:30.101 somebody down the pub 00:47:30.121 --> 00:47:31.461 something about our radar system. 00:47:32.061 --> 00:47:34.003 But you're not committing 00:47:34.063 --> 00:47:36.244 high treason by telling a drunk person, 00:47:36.824 --> 00:47:38.146 we've got this great new radar. 00:47:38.545 --> 00:47:39.206 It's quite cool. 00:47:39.266 --> 00:47:40.586 I wrote some cool code for it. 00:47:41.108 --> 00:47:44.949 Whereas if you blew up a building, 00:47:45.010 --> 00:47:46.530 that would probably be high treason. 00:47:47.652 --> 00:47:49.393 I'm going to have to look this up. 00:47:49.413 --> 00:47:50.273 Well, I just looked it up. 00:47:51.663 --> 00:47:52.284 In the UK, 00:47:52.603 --> 00:47:54.746 treason can be classified into two types, 00:47:55.447 --> 00:47:57.088 high treason and petty treason. 00:47:57.509 --> 00:47:58.871 High treason is a betrayal 00:47:58.911 --> 00:48:00.172 against the sovereign monarch, 00:48:00.251 --> 00:48:02.974 while petty treason refers to disloyalty. 00:48:04.135 --> 00:48:06.679 So the sovereign monarch is the king. 00:48:06.699 --> 00:48:06.739 So... 00:48:09.864 --> 00:48:11.164 I feel like you can get high 00:48:11.204 --> 00:48:12.306 treason pretty easily. 00:48:12.326 --> 00:48:15.947 Yeah, but that's like olden times. 00:48:16.047 --> 00:48:19.630 Now it must be the state 00:48:20.010 --> 00:48:21.331 because the monarch's just 00:48:21.351 --> 00:48:22.052 the head of state. 00:48:22.592 --> 00:48:24.092 The monarch's a proxy for state. 00:48:27.175 --> 00:48:32.018 Okay, so hold on. 00:48:32.097 --> 00:48:32.318 Is he... 00:48:34.340 --> 00:48:35.402 don't know about the wording 00:48:35.442 --> 00:48:36.561 of the law maybe it is 00:48:36.681 --> 00:48:38.282 still written as as the 00:48:38.322 --> 00:48:39.164 monarch in which case 00:48:39.664 --> 00:48:40.824 that's another wild bit of 00:48:40.885 --> 00:48:42.545 british law that needs an 00:48:42.626 --> 00:48:46.487 update I didn't realize 00:48:46.547 --> 00:48:47.768 that okay you know we've 00:48:47.807 --> 00:48:50.010 talked about the uk's 00:48:51.230 --> 00:48:53.170 ridiculous royalty enough 00:48:54.431 --> 00:48:57.673 yeah those guys anyway petty treason um 00:48:59.255 --> 00:48:59.856 So, yeah, 00:48:59.876 --> 00:49:01.838 but so the equivalent thing in the US, 00:49:01.898 --> 00:49:04.699 like like I say, hypothetically, 00:49:04.719 --> 00:49:06.942 you incite an insurrection, 00:49:07.202 --> 00:49:09.123 which would be I'm pretty 00:49:09.164 --> 00:49:11.186 certain high treason in this country. 00:49:13.007 --> 00:49:14.570 If you incite an insurrection, 00:49:14.730 --> 00:49:16.972 presumably this is the 00:49:16.992 --> 00:49:17.692 interesting thing about 00:49:17.731 --> 00:49:19.114 Trump going for number two. 00:49:19.134 --> 00:49:21.315 I'm like, shouldn't like. 00:49:22.588 --> 00:49:23.327 If you incite an 00:49:23.588 --> 00:49:24.528 insurrection against the 00:49:24.608 --> 00:49:26.349 capital of the US, 00:49:26.929 --> 00:49:29.650 doesn't that automatically 00:49:29.730 --> 00:49:31.630 make you an enemy of the state? 00:49:32.291 --> 00:49:36.492 By literal constitutional 00:49:36.552 --> 00:49:38.032 criminal definition? 00:49:39.932 --> 00:49:41.452 So one thing to be aware of 00:49:41.594 --> 00:49:45.454 there is that a lot of 00:49:45.494 --> 00:49:46.514 people believe that it 00:49:46.574 --> 00:49:48.275 wasn't Trump that instigated it, 00:49:48.355 --> 00:49:49.856 but that it was Antifa. 00:49:51.552 --> 00:49:53.213 so like there isn't a single 00:49:54.034 --> 00:49:55.313 consistent story around 00:49:55.353 --> 00:49:56.574 what happened now I can 00:49:56.594 --> 00:49:57.454 tell you what I think what 00:49:57.474 --> 00:49:58.373 happened and what 00:49:58.835 --> 00:49:59.715 everything else seems to 00:49:59.755 --> 00:50:01.295 say what happened but 00:50:02.195 --> 00:50:02.954 because there's so much 00:50:02.994 --> 00:50:04.175 like shuffling of the feet 00:50:04.255 --> 00:50:07.096 around the reality nobody 00:50:07.135 --> 00:50:08.717 actually says that he 00:50:08.777 --> 00:50:11.317 instigated it that's 00:50:11.356 --> 00:50:12.737 interesting because if you 00:50:12.836 --> 00:50:14.338 read a newspaper on this 00:50:14.378 --> 00:50:15.617 side of the pond they go 00:50:16.358 --> 00:50:17.338 trump incited an 00:50:17.418 --> 00:50:19.938 insurrection in america on this day like 00:50:20.856 --> 00:50:21.976 it's that's just how it'd be 00:50:22.016 --> 00:50:25.737 talked about like I don't 00:50:25.757 --> 00:50:27.599 think even a right-wing 00:50:27.639 --> 00:50:28.639 newspaper I think would be 00:50:28.719 --> 00:50:32.360 like yep smoking gun it's 00:50:32.541 --> 00:50:34.362 like cause and effect baby 00:50:35.282 --> 00:50:37.103 you would think so but yeah 00:50:37.224 --> 00:50:38.264 I know quite a few people 00:50:38.284 --> 00:50:39.565 that think that it was 00:50:39.804 --> 00:50:41.746 actually the liberals that 00:50:42.025 --> 00:50:43.545 uh that incited the 00:50:43.626 --> 00:50:47.047 insurrection how because I 00:50:47.068 --> 00:50:47.847 didn't see many of them 00:50:47.907 --> 00:50:48.969 like storming the building 00:50:51.047 --> 00:50:54.148 exactly fox news probably uh 00:50:56.369 --> 00:50:57.791 yeah I mean that's I think 00:50:57.811 --> 00:50:58.431 that's probably like the 00:50:58.510 --> 00:51:00.371 wildest part of that entire 00:51:00.391 --> 00:51:02.213 you know disorienting 00:51:02.253 --> 00:51:03.353 period where he was the 00:51:03.393 --> 00:51:05.054 president was just the the 00:51:05.114 --> 00:51:06.275 idea that some people could 00:51:06.635 --> 00:51:08.956 read the word antifa which 00:51:09.016 --> 00:51:09.556 obviously means 00:51:09.677 --> 00:51:10.557 anti-fascist or 00:51:10.617 --> 00:51:12.438 anti-fascist action and go 00:51:12.639 --> 00:51:14.760 yep those guys must be the 00:51:14.800 --> 00:51:17.340 bad guys and be like okay 00:51:17.380 --> 00:51:18.461 let's take a step back 00:51:19.735 --> 00:51:21.976 And remember that time there 00:51:21.996 --> 00:51:23.679 was a bit of a hoo-ha in 00:51:23.798 --> 00:51:25.721 Europe for about five years. 00:51:27.041 --> 00:51:28.764 There was a bit of anti-fascist action, 00:51:28.844 --> 00:51:29.503 as I recall. 00:51:29.684 --> 00:51:31.405 And I still enjoy many video 00:51:31.445 --> 00:51:32.507 games on the subject. 00:51:33.407 --> 00:51:35.389 And I've noticed in those 00:51:35.449 --> 00:51:37.952 video games that the people 00:51:37.972 --> 00:51:38.833 participating in 00:51:38.893 --> 00:51:40.635 anti-fascist action tend to 00:51:40.675 --> 00:51:41.494 be the heroes. 00:51:43.929 --> 00:51:45.170 I did know that was one. 00:51:45.210 --> 00:51:46.429 I think it was quite subtle 00:51:46.469 --> 00:51:48.371 subtext in Saving Private Ryan as well. 00:51:48.411 --> 00:51:49.632 But I think that... Yeah, 00:51:49.711 --> 00:51:50.693 one small takeaway. 00:51:50.713 --> 00:51:52.833 I think one small takeaway 00:51:52.893 --> 00:51:55.135 from that film would be that in general, 00:51:55.215 --> 00:51:57.436 the Antifa were the good guys. 00:51:57.815 --> 00:52:01.338 And I think that it's very subtle, right? 00:52:01.757 --> 00:52:03.338 The condemnation of the other side. 00:52:03.639 --> 00:52:04.880 They do like to try and present... 00:52:06.411 --> 00:52:08.050 balance but I think it's 00:52:08.092 --> 00:52:08.751 quite clear that you're 00:52:08.771 --> 00:52:10.112 supposed to root for for 00:52:10.152 --> 00:52:11.632 tom hanks I know normally 00:52:11.652 --> 00:52:12.932 he plays the bad guy so you 00:52:12.972 --> 00:52:15.534 know it's he's not a very 00:52:15.594 --> 00:52:17.034 likable actor is he so like 00:52:17.074 --> 00:52:17.713 I think you know they 00:52:17.773 --> 00:52:18.594 deliberately they tried to 00:52:18.675 --> 00:52:19.815 even it out with that you 00:52:19.855 --> 00:52:20.534 know so you wouldn't 00:52:20.574 --> 00:52:21.675 automatically gravitate 00:52:21.695 --> 00:52:22.615 towards his point of view 00:52:22.735 --> 00:52:24.956 but they also put vin 00:52:24.996 --> 00:52:26.137 diesel on that side as well 00:52:26.157 --> 00:52:26.916 and you're just like you 00:52:26.956 --> 00:52:28.918 can't trust vin diesel one 00:52:28.938 --> 00:52:29.657 minute he's like unless 00:52:29.677 --> 00:52:31.737 he's in triple x hey 00:52:34.141 --> 00:52:35.641 Were there two XXXs, 00:52:35.681 --> 00:52:36.822 or did I hallucinate that? 00:52:37.581 --> 00:52:38.121 I think there were, 00:52:38.161 --> 00:52:38.981 but I think Vin Diesel was 00:52:39.021 --> 00:52:39.802 only in the first one. 00:52:40.862 --> 00:52:41.543 Was that the one we were 00:52:41.563 --> 00:52:43.182 supposed to set in Prague, and it had, 00:52:43.242 --> 00:52:44.262 like, Rammstein in it? 00:52:44.503 --> 00:52:46.204 It was, like, kind of okay. 00:52:46.943 --> 00:52:48.443 Yeah, I remember enjoying it when I was, 00:52:48.483 --> 00:52:48.623 like, 12. 00:52:48.623 --> 00:52:51.125 Yeah, it was, like, okay. 00:52:51.204 --> 00:52:52.684 I mean, it wasn't The Rock, 00:52:52.764 --> 00:52:53.344 but it was fine. 00:52:53.364 --> 00:52:56.246 I'm sure the second one had 00:52:56.286 --> 00:52:57.565 him in it as well. 00:52:58.666 --> 00:52:59.126 Yeah, it did. 00:52:59.146 --> 00:52:59.666 100% did. 00:52:59.686 --> 00:52:59.726 So... 00:53:03.943 --> 00:53:06.105 We're done with betting on SPF? 00:53:07.085 --> 00:53:07.346 Yeah. 00:53:07.865 --> 00:53:08.827 We're done with betting on SPF. 00:53:08.847 --> 00:53:13.750 So the second one... Oh, hold up. 00:53:13.809 --> 00:53:14.831 Okay, please. 00:53:15.030 --> 00:53:17.733 Do not search XXX movie. 00:53:21.114 --> 00:53:22.536 Wow, I could have told you that one. 00:53:23.382 --> 00:53:24.565 Why did that not occur to me? 00:53:24.585 --> 00:53:27.349 Try triple X Vin Diesel. 00:53:27.610 --> 00:53:28.311 See if that helps. 00:53:29.414 --> 00:53:29.574 Look, 00:53:29.695 --> 00:53:31.518 I'm aware that I am the guy that just 00:53:31.538 --> 00:53:33.661 searched Pear Man fucked his orange wife. 00:53:35.304 --> 00:53:36.467 And didn't have a good time. 00:53:38.487 --> 00:53:40.248 But your search is even more 00:53:40.307 --> 00:53:41.748 obviously going to end in a bad time. 00:53:42.309 --> 00:53:43.369 Hold on. 00:53:43.929 --> 00:53:44.670 We got to go back to that 00:53:44.750 --> 00:53:45.291 just a little bit. 00:53:45.630 --> 00:53:46.510 When you say pair, 00:53:46.590 --> 00:53:47.552 do you mean like pair as in 00:53:47.592 --> 00:53:49.152 a pair of men or pair as in 00:53:49.193 --> 00:53:50.393 like the fruit? 00:53:50.873 --> 00:53:51.773 The fruit, obviously. 00:53:52.293 --> 00:53:52.855 Okay. 00:53:52.914 --> 00:53:54.496 Why is that obviously? 00:53:54.516 --> 00:53:57.536 It must be a pair of shades men, right? 00:53:58.117 --> 00:53:58.878 I think it's one fruit 00:53:58.938 --> 00:54:00.798 fucking the other one is 00:54:00.818 --> 00:54:01.980 the intention of the drill tweet, 00:54:02.079 --> 00:54:02.320 I think. 00:54:03.442 --> 00:54:04.563 got it I got stuck on the 00:54:04.583 --> 00:54:06.103 whole orange shade thing 00:54:06.164 --> 00:54:07.304 and so then which makes me 00:54:07.324 --> 00:54:08.364 immediately go to trump so 00:54:08.405 --> 00:54:10.346 I was just trying to like I 00:54:10.385 --> 00:54:11.746 think I think it was kind 00:54:11.806 --> 00:54:15.349 of like a sort of I think 00:54:15.429 --> 00:54:17.289 it may have been okay don't 00:54:17.329 --> 00:54:18.349 read too much into drill 00:54:18.369 --> 00:54:19.451 tweets it's been a long 00:54:19.490 --> 00:54:20.711 working day for for this 00:54:20.771 --> 00:54:21.771 guy and clearly he's 00:54:21.811 --> 00:54:23.172 overthinking this but I 00:54:23.213 --> 00:54:24.072 think maybe it was some 00:54:24.112 --> 00:54:25.494 kind of satirical statement 00:54:25.934 --> 00:54:30.577 on um no it wasn't what I'm tired I'm not 00:54:31.072 --> 00:54:31.891 I'm not even going to finish 00:54:31.911 --> 00:54:32.413 that statement. 00:54:33.012 --> 00:54:33.373 Anyway, 00:54:33.572 --> 00:54:34.974 so other funny thing that happened 00:54:35.014 --> 00:54:35.414 this week. 00:54:36.675 --> 00:54:39.275 It's not fucking satire or anything, Frey, 00:54:39.396 --> 00:54:40.016 is it? 00:54:40.237 --> 00:54:41.217 It's just a drill tweet. 00:54:41.257 --> 00:54:42.097 It doesn't mean anything. 00:54:42.637 --> 00:54:44.639 It's just monkey sitting typewriters. 00:54:44.798 --> 00:54:45.119 Anyway, 00:54:46.480 --> 00:54:48.521 two Binance execs were detained in 00:54:48.581 --> 00:54:50.521 Nigeria the other week because, you know, 00:54:50.541 --> 00:54:53.184 this whole money laundering thing. 00:54:53.503 --> 00:54:54.583 I don't know if it's like 00:54:54.704 --> 00:54:56.184 the government exercising 00:54:56.264 --> 00:54:57.126 arbitrary control 00:54:59.030 --> 00:55:00.213 not clued up enough on the 00:55:00.253 --> 00:55:01.173 internal politics of 00:55:01.213 --> 00:55:02.295 Nigeria at this current 00:55:02.396 --> 00:55:04.699 time to make a call on that. 00:55:05.139 --> 00:55:07.864 But one of them, 00:55:08.204 --> 00:55:09.766 it's Ramadan at the moment, 00:55:09.925 --> 00:55:11.588 one of them asked to go to mosque 00:55:13.817 --> 00:55:15.317 And then slipped his captors 00:55:15.376 --> 00:55:16.458 and escaped the fucking 00:55:16.498 --> 00:55:18.318 country like James Bond style. 00:55:18.338 --> 00:55:20.699 This Binance exec. 00:55:21.418 --> 00:55:22.978 And fucking escaped the 00:55:23.018 --> 00:55:24.599 country and gone like that. 00:55:24.960 --> 00:55:25.239 Woosh. 00:55:25.840 --> 00:55:27.059 Presumably just like, oh, 00:55:27.159 --> 00:55:30.701 I need to go do a bit of 00:55:30.740 --> 00:55:33.141 praying as is right at this time of year. 00:55:34.521 --> 00:55:35.782 Nipped to the toilet for a slash. 00:55:36.702 --> 00:55:38.643 Did the cartoon thing of 00:55:38.682 --> 00:55:40.103 climbing out the toilet window. 00:55:40.483 --> 00:55:41.684 Runs to the airport. 00:55:42.304 --> 00:55:42.864 And yeah. 00:55:43.099 --> 00:55:45.204 fucking A. Do you think he 00:55:45.264 --> 00:55:47.869 was playing... It sounds 00:55:47.949 --> 00:55:49.974 like he was collected by the CIA. 00:55:55.018 --> 00:55:55.197 Well, 00:55:55.217 --> 00:55:57.420 you would think... I think both of 00:55:57.500 --> 00:55:58.800 the... Maybe both the execs 00:55:59.221 --> 00:56:00.021 are... I think both of them 00:56:00.101 --> 00:56:01.443 are actually American citizens. 00:56:01.503 --> 00:56:02.563 So you would think that 00:56:03.123 --> 00:56:04.244 potentially there would be 00:56:04.364 --> 00:56:06.186 somebody from the US 00:56:06.226 --> 00:56:07.507 government making contact 00:56:07.527 --> 00:56:08.788 with them to be like, hey, if you can, 00:56:08.827 --> 00:56:09.688 slip your captors. 00:56:10.409 --> 00:56:11.210 And the only thing that made 00:56:11.250 --> 00:56:12.670 me think that it was just 00:56:12.811 --> 00:56:13.670 completely independently 00:56:13.731 --> 00:56:14.952 done and maybe he had just 00:56:15.012 --> 00:56:16.052 cashed down his pants or 00:56:16.072 --> 00:56:18.534 whatever was that it was 00:56:18.875 --> 00:56:20.135 specifically... I think 00:56:20.175 --> 00:56:20.936 specifically they... 00:56:21.916 --> 00:56:23.277 He managed to jump a flight 00:56:23.297 --> 00:56:25.099 basically to somewhere in the Middle East, 00:56:25.219 --> 00:56:26.840 just like a relatively 00:56:27.159 --> 00:56:29.740 short haul connecting flight. 00:56:30.222 --> 00:56:31.302 So it might have been a case 00:56:31.322 --> 00:56:32.182 of literally just being like, 00:56:32.262 --> 00:56:33.282 what's the nearest flight 00:56:33.302 --> 00:56:34.583 that he's leaving in an hour? 00:56:35.083 --> 00:56:36.744 And I have the money down my 00:56:36.764 --> 00:56:37.706 pants to pay for. 00:56:38.585 --> 00:56:39.786 Well, well, 00:56:39.867 --> 00:56:41.807 did he even need money down his pants? 00:56:41.927 --> 00:56:43.128 Like, 00:56:44.670 --> 00:56:46.791 all he had to do was go to the crypto 00:56:46.871 --> 00:56:48.731 ATM and punch in his seed phrase. 00:56:49.519 --> 00:56:50.641 be fair he must have had his 00:56:50.681 --> 00:56:51.661 passport with him to get on 00:56:51.681 --> 00:56:52.822 the plane so maybe it was 00:56:52.862 --> 00:56:53.782 simply enough to go up to 00:56:53.824 --> 00:56:55.405 the desk and be like look I 00:56:55.525 --> 00:56:56.346 have been detained by the 00:56:56.385 --> 00:56:58.967 government unlawfully here 00:56:59.027 --> 00:57:01.128 is my passport let me get 00:57:01.188 --> 00:57:02.409 on this plane you will be 00:57:02.469 --> 00:57:03.590 repaid by the binance 00:57:03.630 --> 00:57:06.494 corporation I i have to say 00:57:06.514 --> 00:57:08.375 on what country would that 00:57:08.434 --> 00:57:09.976 work going up to the teller 00:57:10.016 --> 00:57:11.097 and be like look your 00:57:11.177 --> 00:57:12.077 country is holding me 00:57:12.137 --> 00:57:13.978 hostage I'd like to off now 00:57:14.500 --> 00:57:15.400 can I get on a flight 00:57:16.302 --> 00:57:18.083 It certainly would work in Australia. 00:57:18.123 --> 00:57:19.304 There's people who are paid 00:57:19.344 --> 00:57:20.023 by the airline. 00:57:21.943 --> 00:57:23.043 I don't know. 00:57:23.063 --> 00:57:23.684 Either way. 00:57:23.744 --> 00:57:25.425 I feel like that's some kind of treason. 00:57:26.525 --> 00:57:27.224 It probably is. 00:57:27.405 --> 00:57:27.925 Who knows? 00:57:30.125 --> 00:57:32.925 Well, yeah, it is aiding and abetting, 00:57:32.965 --> 00:57:33.346 isn't it? 00:57:33.505 --> 00:57:36.266 It is aiding and abetting. 00:57:36.286 --> 00:57:37.527 So anyway, 00:57:38.327 --> 00:57:39.306 one of them is still in 00:57:39.387 --> 00:57:40.666 captivity in Nigeria. 00:57:40.706 --> 00:57:41.786 The funny thing being the 00:57:41.887 --> 00:57:42.666 one that is still in 00:57:42.706 --> 00:57:44.228 captivity is apparently... 00:57:46.489 --> 00:57:48.050 one of the main voices in 00:57:48.110 --> 00:57:50.793 Binance who actually is 00:57:50.853 --> 00:57:52.313 responsible for dealing 00:57:52.333 --> 00:57:53.534 with money laundering so 00:57:55.317 --> 00:58:00.380 yeah basically whatever's 00:58:00.420 --> 00:58:06.425 going on with that but I 00:58:06.445 --> 00:58:08.967 just like the idea of some 00:58:10.128 --> 00:58:11.849 crypto finance bro who's 00:58:11.889 --> 00:58:15.193 like working for a massive crypto company 00:58:15.922 --> 00:58:16.862 in a shirt and tie, 00:58:17.101 --> 00:58:18.523 doing a James Bond out of a 00:58:19.123 --> 00:58:20.884 toilet window to escape from Nigeria. 00:58:22.284 --> 00:58:23.965 I can say for certain that I 00:58:24.005 --> 00:58:24.664 would have had Mission 00:58:24.684 --> 00:58:25.945 Impossible music playing in 00:58:25.985 --> 00:58:27.465 my mind when I was escaping. 00:58:28.527 --> 00:58:29.427 Not James Bond. 00:58:30.927 --> 00:58:31.628 I would have been running 00:58:31.668 --> 00:58:33.168 down the street going, fuck, fuck, fuck, 00:58:33.208 --> 00:58:37.969 fuck, fuck, fuck, fuck, fuck, fuck. 00:58:37.989 --> 00:58:39.150 Do you remember the first 00:58:39.210 --> 00:58:40.190 Mission Impossible film 00:58:40.251 --> 00:58:43.452 with Tom Cruise in it? 00:58:44.492 --> 00:58:45.092 It was a good film. 00:58:45.989 --> 00:58:46.449 It was great. 00:58:46.570 --> 00:58:46.769 I mean, 00:58:46.809 --> 00:58:48.610 I've enjoyed all the ones I've watched. 00:58:48.630 --> 00:58:51.211 The one where he came down the finger, 00:58:51.271 --> 00:58:51.693 right? 00:58:52.612 --> 00:58:52.913 Yeah. 00:58:53.873 --> 00:58:58.074 It's actually aged really well. 00:58:58.815 --> 00:58:58.956 I mean, 00:58:58.976 --> 00:58:59.936 all the other ones are kind of shit, 00:59:00.255 --> 00:59:01.556 but that one's aged really, really well. 00:59:02.677 --> 00:59:03.617 It's amazing that they're 00:59:03.657 --> 00:59:05.099 able to just delete his 00:59:05.159 --> 00:59:06.918 shortness in those films. 00:59:08.679 --> 00:59:09.641 And his center tooth. 00:59:11.300 --> 00:59:12.762 They have so many tricks, don't they? 00:59:13.922 --> 00:59:14.762 His what, Schultzy? 00:59:15.996 --> 00:59:16.516 Center tooth. 00:59:16.536 --> 00:59:17.436 Have you not noticed that? 00:59:17.976 --> 00:59:19.237 Tom Cruise has a tooth right 00:59:19.277 --> 00:59:19.759 in the center. 00:59:21.280 --> 00:59:22.840 I shit you not. 00:59:23.121 --> 00:59:23.581 Look it up. 00:59:24.121 --> 00:59:25.182 They try to always get him 00:59:25.382 --> 00:59:26.342 at an angle like this 00:59:26.443 --> 00:59:27.744 because if you get an angle like this, 00:59:28.105 --> 00:59:28.965 you don't see the center tooth. 00:59:28.985 --> 00:59:30.786 But if you do see it from straight on, 00:59:31.166 --> 00:59:32.268 he has a tooth right in the middle. 00:59:34.708 --> 00:59:36.570 There's like two scenes I've seen. 00:59:36.610 --> 00:59:37.831 I think one's in Top Gun, 00:59:37.851 --> 00:59:39.913 the original Top Gun, and I think Legend. 00:59:40.132 --> 00:59:40.793 I think those are the two 00:59:40.813 --> 00:59:41.434 movies I've seen it. 00:59:43.275 --> 00:59:43.856 Oh my god. 00:59:45.255 --> 00:59:46.956 this uh this search did not 00:59:47.016 --> 00:59:50.697 yield porn which is nice oh 00:59:50.737 --> 00:59:52.378 yeah yeah it is right bang 00:59:52.398 --> 00:59:53.157 in the fucking middle 00:59:53.878 --> 00:59:55.458 that's a bit weird isn't 00:59:55.498 --> 01:00:00.079 that strange I'll never 01:00:00.099 --> 01:00:01.139 look at him the same again 01:00:01.159 --> 01:00:02.521 he's short and got a center 01:00:02.541 --> 01:00:05.340 tooth weirdo yeah what's 01:00:05.380 --> 01:00:07.501 the secret to tom cruise's uni tooth 01:00:11.876 --> 01:00:13.398 Tom Cruise's teeth have been 01:00:13.418 --> 01:00:16.498 at the center of rumors and 01:00:16.539 --> 01:00:17.679 controversies. 01:00:19.139 --> 01:00:19.500 Wow. 01:00:19.780 --> 01:00:22.420 Copywriter, their shit salary this day. 01:00:23.141 --> 01:00:23.721 Amazing. 01:00:24.860 --> 01:00:25.722 What else is in the news? 01:00:25.782 --> 01:00:26.161 The fray. 01:00:30.077 --> 01:00:32.119 Do you hear about the Celsius thing? 01:00:32.159 --> 01:00:33.721 They're basically clawing 01:00:33.760 --> 01:00:34.460 back money from their 01:00:34.521 --> 01:00:36.362 customers to pay their other customers. 01:00:36.382 --> 01:00:37.123 That's pretty funny. 01:00:38.184 --> 01:00:39.405 I think that's really bizarre. 01:00:39.704 --> 01:00:40.204 First of all, 01:00:40.286 --> 01:00:41.505 because I was one of the 01:00:41.545 --> 01:00:42.746 customers getting paid back. 01:00:43.148 --> 01:00:44.588 Yeah, I had money in there. 01:00:44.668 --> 01:00:45.188 Not a lot, 01:00:45.688 --> 01:00:49.112 but enough that I actually got the payout, 01:00:49.552 --> 01:00:50.873 I don't know, two weeks ago for it. 01:00:52.393 --> 01:00:53.635 I don't understand the clawback thing. 01:00:53.655 --> 01:00:53.994 Apparently, 01:00:54.034 --> 01:00:55.936 customers that had over 100,000 withdrawn, 01:00:55.976 --> 01:00:57.277 they want to pull back? 01:00:57.438 --> 01:00:57.617 What? 01:00:59.224 --> 01:01:00.164 So, right, 01:01:00.204 --> 01:01:02.027 my limited understanding of this, 01:01:02.106 --> 01:01:03.108 what happened is there are 01:01:03.128 --> 01:01:03.748 a certain amount of 01:01:03.827 --> 01:01:05.188 customers that just before 01:01:05.228 --> 01:01:06.250 it imploded could tell it 01:01:06.289 --> 01:01:06.990 was going to implode. 01:01:07.070 --> 01:01:08.371 So we drew their money and 01:01:08.391 --> 01:01:09.532 that accelerated the 01:01:09.572 --> 01:01:12.275 implosion of the company, right? 01:01:13.597 --> 01:01:15.518 Which is a bank run, right? 01:01:15.619 --> 01:01:17.079 And they had their pants down. 01:01:17.099 --> 01:01:19.001 I don't think anybody 01:01:19.061 --> 01:01:20.083 reasonable has any fucking 01:01:20.123 --> 01:01:22.003 sympathy for these fucks anyway. 01:01:22.907 --> 01:01:23.807 they're now obviously trying 01:01:23.827 --> 01:01:26.210 to repay people that lost money. 01:01:26.769 --> 01:01:27.731 And so they're getting in 01:01:27.771 --> 01:01:28.871 touch with people that did 01:01:28.911 --> 01:01:30.353 those large withdrawals in 01:01:30.373 --> 01:01:31.554 the run up to it, 01:01:31.574 --> 01:01:32.795 specifically like the final 01:01:32.856 --> 01:01:34.416 day or the final few hours 01:01:34.456 --> 01:01:35.518 when it was falling apart. 01:01:36.217 --> 01:01:37.199 And they are saying, 01:01:37.639 --> 01:01:39.701 we are inviting you to give 01:01:39.760 --> 01:01:41.222 the money back so that we 01:01:41.242 --> 01:01:42.403 can repay our customers. 01:01:42.704 --> 01:01:43.405 And if you don't, 01:01:43.965 --> 01:01:45.246 we're going to pursue legal 01:01:45.326 --> 01:01:46.547 action against you which 01:01:46.586 --> 01:01:47.648 begs the fucking question 01:01:48.009 --> 01:01:49.250 you and whose fucking army 01:01:49.369 --> 01:01:50.231 because if all of those 01:01:50.251 --> 01:01:51.512 people get together and go 01:01:51.532 --> 01:01:53.333 yeah okay we'll fucking see 01:01:53.353 --> 01:01:54.114 you in court well then 01:01:54.134 --> 01:01:54.715 these guys are going to 01:01:54.775 --> 01:01:55.655 fold like a packet of 01:01:55.715 --> 01:01:56.516 crisps because they're 01:01:56.536 --> 01:01:57.878 already fucking bankrupt 01:01:58.277 --> 01:01:59.518 it's not like they've oh 01:01:59.559 --> 01:02:01.420 yeah it's us and a fucking 01:02:01.501 --> 01:02:02.641 army behind us it's like no 01:02:02.702 --> 01:02:03.802 it's you in a bankruptcy 01:02:03.842 --> 01:02:05.083 court and like some fucking 01:02:05.123 --> 01:02:06.826 court appointed lawyers or whatever like 01:02:08.862 --> 01:02:09.943 doesn't bear it doesn't it's 01:02:09.963 --> 01:02:10.784 not like the the most 01:02:10.844 --> 01:02:11.603 terrifying thing in the 01:02:11.643 --> 01:02:12.903 world as far as I can tell 01:02:12.943 --> 01:02:14.244 I mean because presumably 01:02:14.364 --> 01:02:15.525 people that were that were 01:02:15.545 --> 01:02:16.565 taken out more than four 01:02:16.585 --> 01:02:17.405 hundred thousand dollars 01:02:17.766 --> 01:02:19.226 were institutions like if 01:02:19.246 --> 01:02:21.067 you're a hedge fund or 01:02:21.086 --> 01:02:22.266 something and fucking 01:02:22.306 --> 01:02:23.407 celsius come up to you and 01:02:23.427 --> 01:02:24.487 they're like we're shaking 01:02:24.527 --> 01:02:26.007 you down for 600 grand or 01:02:26.027 --> 01:02:27.849 something you'd be like yeah fuck off 01:02:29.559 --> 01:02:30.840 And what kind of leg would 01:02:30.860 --> 01:02:32.360 they have to stand on in court, right? 01:02:32.380 --> 01:02:32.721 They'd be like, 01:02:32.740 --> 01:02:33.621 I'm going to take you to court. 01:02:34.222 --> 01:02:36.202 Under what pretext, first of all? 01:02:36.222 --> 01:02:36.922 Under second of all, 01:02:37.282 --> 01:02:37.963 you're going to go after 01:02:37.983 --> 01:02:38.983 the people that have the 01:02:39.023 --> 01:02:39.884 money to fight back? 01:02:41.085 --> 01:02:41.244 Yeah. 01:02:41.724 --> 01:02:42.184 And also, like, 01:02:42.284 --> 01:02:43.925 what jurisdiction would that work in? 01:02:43.985 --> 01:02:45.586 It's like, yeah, okay, 01:02:45.947 --> 01:02:46.827 you can sue people for a 01:02:46.847 --> 01:02:48.447 whole bunch of shit in the US, but, like, 01:02:48.547 --> 01:02:50.068 try it in a bunch of other jurisdictions, 01:02:50.128 --> 01:02:52.150 and people are going to be like, yeah, 01:02:52.190 --> 01:02:52.869 come at me, bro. 01:02:53.010 --> 01:02:53.190 Like, 01:02:53.210 --> 01:02:55.110 you're going to get thrown out of court, 01:02:55.231 --> 01:02:55.871 and you're going to be made 01:02:55.891 --> 01:02:56.751 to pay my costs. 01:02:56.992 --> 01:02:57.152 So... 01:03:00.070 --> 01:03:02.210 yeah it's super weird isn't 01:03:02.271 --> 01:03:04.532 it like but I i do like 01:03:04.811 --> 01:03:06.092 this is the insanity of 01:03:06.152 --> 01:03:07.692 like oh we have to repay 01:03:07.751 --> 01:03:08.853 people so we're gonna like 01:03:09.072 --> 01:03:10.172 threaten to sue the people 01:03:10.213 --> 01:03:12.472 that didn't lose money ah 01:03:15.853 --> 01:03:17.074 love it absolutely love it 01:03:17.114 --> 01:03:19.235 it's it's it's peaks what 01:03:19.295 --> 01:03:20.815 is it circle bankruptcy I 01:03:20.855 --> 01:03:22.315 don't know it's it's 01:03:22.355 --> 01:03:24.615 something like that it's 01:03:24.635 --> 01:03:26.115 it's sometimes bankruptcy 01:03:26.900 --> 01:03:27.800 it's some kind of it's some 01:03:27.840 --> 01:03:29.083 kind of circle jerk like 01:03:29.202 --> 01:03:30.264 like every like every 01:03:30.304 --> 01:03:31.505 situation and every drama 01:03:31.545 --> 01:03:32.507 and crypto but I'm not sure 01:03:32.567 --> 01:03:33.708 quite quite the definition 01:03:33.748 --> 01:03:37.853 of this one so um yeah do 01:03:37.873 --> 01:03:38.494 you want to do it do you 01:03:38.514 --> 01:03:39.476 want to crack out piece of 01:03:39.516 --> 01:03:40.717 news now get out the get 01:03:40.737 --> 01:03:41.697 out the spreadsheet do some 01:03:41.717 --> 01:03:44.201 honest work fuck me I have 01:03:44.240 --> 01:03:45.143 to load up the spreadsheet 01:03:48.166 --> 01:03:52.751 I noticed that usurper who's 01:03:52.771 --> 01:03:53.612 supposed to be on fucking 01:03:53.632 --> 01:03:54.572 holiday and is probably 01:03:54.612 --> 01:03:55.673 listening to this podcast 01:03:55.693 --> 01:03:56.954 this exact fucking second 01:03:57.615 --> 01:04:00.117 uh is in the spreadsheet 01:04:00.498 --> 01:04:02.559 looking at the news so go 01:04:03.521 --> 01:04:04.402 back to your holiday you 01:04:04.442 --> 01:04:05.382 said but what the hell man 01:04:05.583 --> 01:04:06.844 be on the podcast or be on 01:04:06.884 --> 01:04:09.686 holiday enjoy your uh 01:04:09.927 --> 01:04:13.210 Magito and um and pool 01:04:16.552 --> 01:04:17.373 You haven't put a cross 01:04:17.393 --> 01:04:18.514 through the ones that you've read, dude. 01:04:19.554 --> 01:04:21.255 We could talk about CosmWasm 01:04:21.315 --> 01:04:21.996 on the Hub again. 01:04:23.557 --> 01:04:23.757 Wait, 01:04:23.958 --> 01:04:26.019 did we have CosmWasm on the Hub drama 01:04:26.079 --> 01:04:26.739 last time? 01:04:26.940 --> 01:04:27.860 At the time before? 01:04:28.021 --> 01:04:29.041 At the time before that? 01:04:31.443 --> 01:04:31.623 Well, 01:04:31.664 --> 01:04:33.005 now there's actually a vote up for it. 01:04:33.824 --> 01:04:34.346 Will it pass? 01:04:36.146 --> 01:04:37.128 Right now it's at a yes, 01:04:37.407 --> 01:04:39.489 but only 8% turnout so far. 01:04:40.630 --> 01:04:42.931 So probably not, but there is turnout. 01:04:45.905 --> 01:04:47.967 I mean, as we've said before, 01:04:48.027 --> 01:04:49.347 if you get Cosmos on the hub, 01:04:49.387 --> 01:04:50.969 then maybe the hub will have a purpose. 01:04:51.989 --> 01:04:52.550 But probably not. 01:04:53.871 --> 01:04:55.311 That's kind of my take as well. 01:04:55.873 --> 01:04:56.592 It needs something. 01:04:57.594 --> 01:04:59.135 Can that something not just 01:04:59.175 --> 01:05:02.257 be... With full 01:05:02.277 --> 01:05:03.518 understanding that we already voted yes. 01:05:03.878 --> 01:05:05.480 So with that context, 01:05:07.701 --> 01:05:08.362 I see it as a good thing. 01:05:17.467 --> 01:05:18.427 No, you have no take there. 01:05:18.487 --> 01:05:21.469 You have no opinions on whether I don't, 01:05:22.570 --> 01:05:23.831 I don't validate the hub 01:05:24.032 --> 01:05:25.673 and thus don't give a fuck. 01:05:27.295 --> 01:05:27.695 Beautiful. 01:05:28.655 --> 01:05:28.815 Um, 01:05:29.916 --> 01:05:32.318 but don't they have cause and wasn't like, 01:05:32.358 --> 01:05:33.380 you know, neutral. 01:05:33.679 --> 01:05:35.501 It's basically, well, yeah. 01:05:35.561 --> 01:05:37.163 So that's the main argument 01:05:37.202 --> 01:05:38.083 against cause and wasn't 01:05:38.123 --> 01:05:39.824 the hub is that giving it 01:05:39.885 --> 01:05:42.686 to putting on the hub means 01:05:42.726 --> 01:05:44.367 it takes away from neutron. 01:05:45.208 --> 01:05:45.329 Um, 01:05:46.809 --> 01:05:48.309 And the problem with that is 01:05:48.931 --> 01:05:49.711 that still doesn't give 01:05:49.771 --> 01:05:52.713 Cosmos have a purpose. 01:05:53.454 --> 01:05:54.356 If they start moving forward 01:05:54.376 --> 01:05:55.836 with getting IBC going and 01:05:55.856 --> 01:05:57.219 getting fees going on it, 01:05:57.418 --> 01:05:59.179 I think that the hub would 01:05:59.219 --> 01:06:00.621 have a lot more purpose and 01:06:00.641 --> 01:06:03.083 suddenly have actual funding methods. 01:06:03.603 --> 01:06:04.144 Until then, 01:06:04.164 --> 01:06:07.748 it still is completely worthless. 01:06:08.128 --> 01:06:11.130 When you say IBC in that situation, 01:06:11.190 --> 01:06:11.592 what do you mean? 01:06:13.945 --> 01:06:14.786 The fee middleware. 01:06:14.945 --> 01:06:16.286 The fee middleware for IBC. 01:06:17.088 --> 01:06:18.108 So there's actual revenue 01:06:18.128 --> 01:06:18.849 streams coming in. 01:06:19.389 --> 01:06:20.331 Right now there's no way the 01:06:20.391 --> 01:06:22.052 Cosmos have to actually 01:06:22.072 --> 01:06:23.034 have revenue streams. 01:06:23.393 --> 01:06:24.976 So the funny thing about 01:06:25.235 --> 01:06:26.978 that particular revenue stream model, 01:06:27.257 --> 01:06:28.358 and I appreciate that 01:06:28.398 --> 01:06:29.519 relayers are currently 01:06:29.579 --> 01:06:30.021 running loads of 01:06:30.061 --> 01:06:30.721 infrastructure and not 01:06:30.740 --> 01:06:31.681 getting fucking paid for it. 01:06:31.922 --> 01:06:32.922 I do get that. 01:06:32.943 --> 01:06:33.804 I do understand that. 01:06:33.824 --> 01:06:36.166 I do understand that it can't scale. 01:06:38.768 --> 01:06:39.028 You know, 01:06:39.048 --> 01:06:41.429 like how the major internet trunk 01:06:41.449 --> 01:06:42.751 providers like shuffle 01:06:42.771 --> 01:06:43.931 around packets and whatnot 01:06:44.251 --> 01:06:46.032 is that when they hit each 01:06:46.072 --> 01:06:47.032 other's infrastructure, 01:06:47.112 --> 01:06:49.713 they just take each other's traffic. 01:06:53.195 --> 01:06:58.079 So it's kind of back to the, like, 01:06:58.159 --> 01:06:59.059 I wrote a very sleep 01:06:59.099 --> 01:06:59.960 deprived and like half 01:07:00.019 --> 01:07:01.559 baked a blog post the other 01:07:01.599 --> 01:07:02.121 week about how. 01:07:03.322 --> 01:07:05.905 um ibc stateful right it has 01:07:05.945 --> 01:07:06.786 to be in order to do the 01:07:06.806 --> 01:07:08.686 packet exchange um it's 01:07:08.706 --> 01:07:10.887 like you know it's request 01:07:11.228 --> 01:07:13.610 act act type type thing 01:07:14.050 --> 01:07:15.931 it's inherently stateful um 01:07:16.411 --> 01:07:17.753 relay is a stateful right 01:07:17.952 --> 01:07:20.715 it's volatile but um but 01:07:20.755 --> 01:07:22.315 stateful resulting in an 01:07:22.516 --> 01:07:26.659 end right and am I think 01:07:26.699 --> 01:07:27.460 what's the blockchain I'm 01:07:27.480 --> 01:07:28.661 thinking of is well it's 01:07:28.681 --> 01:07:30.541 not even actually a blockchain but um 01:07:34.380 --> 01:07:36.344 I might be thinking of 01:07:36.463 --> 01:07:38.947 Arbitrum where there is a 01:07:39.007 --> 01:07:41.231 concept like relayers and 01:07:43.672 --> 01:07:45.233 They shuffle the packets 01:07:45.253 --> 01:07:46.594 between nodes and then the 01:07:46.653 --> 01:07:48.195 writing to the blockchain 01:07:48.235 --> 01:07:49.735 is like an afterthought, right? 01:07:50.916 --> 01:07:55.719 But the protocol is the network, I suppose, 01:07:55.918 --> 01:07:56.440 in that sense. 01:07:56.460 --> 01:07:58.141 Like as in the people that 01:07:58.181 --> 01:07:59.882 would do exchange between 01:08:00.101 --> 01:08:01.563 any system at the edge, 01:08:01.643 --> 01:08:03.083 like a different protocol, 01:08:03.164 --> 01:08:04.043 a different network, 01:08:04.063 --> 01:08:05.025 a different blockchain. 01:08:05.728 --> 01:08:07.070 are also inherently 01:08:07.269 --> 01:08:09.170 incentivized as a part of 01:08:09.530 --> 01:08:10.710 like it's part and parcel 01:08:10.731 --> 01:08:13.231 of being a node operator is 01:08:13.271 --> 01:08:14.952 that you have like the 01:08:15.012 --> 01:08:16.092 protocol itself is an 01:08:16.153 --> 01:08:17.773 interop layer like there 01:08:18.313 --> 01:08:19.613 and it just so happens that 01:08:19.793 --> 01:08:20.434 one of the things it 01:08:20.514 --> 01:08:22.534 interrupts with is a blockchain 01:08:23.293 --> 01:08:24.614 which is your home 01:08:24.676 --> 01:08:26.858 blockchain but the idea 01:08:26.877 --> 01:08:28.078 that your state machine 01:08:28.699 --> 01:08:29.820 should only write to that 01:08:29.860 --> 01:08:32.023 blockchain um and not in 01:08:32.082 --> 01:08:34.244 fact be instead directed to 01:08:34.305 --> 01:08:35.667 some other blockchain that 01:08:35.747 --> 01:08:37.287 has a compatible client for 01:08:37.328 --> 01:08:39.671 you to write to is is like 01:08:39.751 --> 01:08:44.034 somewhat arbitrary um yeah 01:08:45.713 --> 01:08:46.515 Anyway, that's the end of the show, 01:08:46.534 --> 01:08:46.795 I thought. 01:08:47.015 --> 01:08:47.975 That's the end of the show, I thought. 01:08:48.015 --> 01:08:48.176 Like, 01:08:48.235 --> 01:08:50.216 is the incentive mechanisms being 01:08:50.256 --> 01:08:51.238 tied to the state machine? 01:08:51.257 --> 01:08:52.960 So the interesting thing 01:08:52.979 --> 01:08:54.239 about the Cosmos hub, right, 01:08:54.541 --> 01:08:56.421 or Cosmos stack, right, 01:08:56.782 --> 01:08:59.805 is you've got blockchain, ABCI, 01:09:00.404 --> 01:09:01.365 and you've got state machine, 01:09:01.626 --> 01:09:02.707 and then you've got stuff, 01:09:03.507 --> 01:09:04.228 additional stuff, 01:09:04.247 --> 01:09:05.229 like additional plumbing, 01:09:05.689 --> 01:09:06.590 including the relays, 01:09:06.630 --> 01:09:07.570 including all of that stuff. 01:09:08.251 --> 01:09:10.972 which actually a lot of it is very, 01:09:11.012 --> 01:09:12.094 very tightly integrated 01:09:12.134 --> 01:09:13.213 with both the state machine 01:09:13.475 --> 01:09:15.296 and the consensus engine underneath it. 01:09:15.935 --> 01:09:17.577 So there's an argument for 01:09:17.997 --> 01:09:19.738 the blockchain should be more generic, 01:09:20.059 --> 01:09:23.060 although to be fair to Tendermint, 01:09:24.421 --> 01:09:25.483 the Tendermint stack is 01:09:25.542 --> 01:09:26.703 quite generic and just 01:09:26.823 --> 01:09:27.724 orders transactions and 01:09:27.743 --> 01:09:29.425 writes and that's basically it. 01:09:30.065 --> 01:09:32.646 Even if ABCI itself makes 01:09:32.686 --> 01:09:33.408 quite a bit of assumptions 01:09:33.448 --> 01:09:34.889 about the state machine, 01:09:35.506 --> 01:09:37.207 You know, fair enough, but, but on, 01:09:37.287 --> 01:09:38.707 on the whole, that that's architecturally, 01:09:38.887 --> 01:09:40.087 you know, how it's designed and, and, 01:09:40.167 --> 01:09:41.628 and whatever it is. 01:09:43.109 --> 01:09:43.890 The question is like, 01:09:43.909 --> 01:09:44.610 as soon as you start going 01:09:44.631 --> 01:09:45.690 towards the interrupt piece, 01:09:45.730 --> 01:09:46.551 you start questioning 01:09:46.591 --> 01:09:47.712 whether the architecture of 01:09:47.752 --> 01:09:48.912 how the state machine works, 01:09:49.533 --> 01:09:55.136 if it's going to inherently, um, if the, 01:09:55.636 --> 01:09:56.476 if the state machine is 01:09:56.516 --> 01:09:57.997 going to be inherently, uh, 01:09:59.358 --> 01:10:01.779 special purpose and tied in 01:10:01.859 --> 01:10:03.340 some way to the working of 01:10:03.380 --> 01:10:04.520 your interop layer. 01:10:05.287 --> 01:10:06.729 then those two things being 01:10:06.949 --> 01:10:08.152 more tightly coupled so 01:10:08.192 --> 01:10:09.635 that they are a part of the 01:10:09.675 --> 01:10:11.939 same incentive mechanism 01:10:12.680 --> 01:10:13.582 maybe makes more sense. 01:10:13.662 --> 01:10:15.826 And I know they sort of are 01:10:15.966 --> 01:10:16.887 already in Cosmos, 01:10:16.908 --> 01:10:17.829 but it's one of those like, 01:10:19.846 --> 01:10:20.768 they are in practice, 01:10:20.787 --> 01:10:22.449 but the incentives aren't tied together. 01:10:22.550 --> 01:10:23.170 So you can, 01:10:23.690 --> 01:10:24.952 you're making money from your validator, 01:10:24.971 --> 01:10:26.193 but you're losing money on your, 01:10:26.332 --> 01:10:26.913 your relay. 01:10:26.974 --> 01:10:27.173 Right. 01:10:28.095 --> 01:10:31.297 Um, it's, it's, it's very tightly coupled, 01:10:31.377 --> 01:10:32.739 but it's not economically 01:10:33.640 --> 01:10:35.301 represented in the incentive mechanism. 01:10:35.362 --> 01:10:35.542 Right. 01:10:36.483 --> 01:10:39.105 Um, so I, I don't know, it's, it's, 01:10:39.206 --> 01:10:39.926 it's quite hard to, 01:10:40.226 --> 01:10:41.448 it's quite hard to unravel 01:10:41.467 --> 01:10:42.229 the shower thoughts and 01:10:42.248 --> 01:10:43.350 something more coherent than, 01:10:44.257 --> 01:10:46.698 then then I don't know how 01:10:47.439 --> 01:10:49.880 and so the thing I guess it 01:10:49.899 --> 01:10:50.520 boils down to this right 01:10:50.539 --> 01:10:51.039 the thing that's really 01:10:51.060 --> 01:10:51.880 important and interesting 01:10:51.899 --> 01:10:54.041 about the ibc verse is ibc 01:10:54.541 --> 01:10:55.680 and is the packets moving 01:10:55.720 --> 01:10:56.820 around the transactions 01:10:56.860 --> 01:10:58.141 moving around and the fact 01:10:58.181 --> 01:10:59.502 that those transactions and 01:10:59.542 --> 01:11:01.743 packets are valid wherever 01:11:01.783 --> 01:11:03.283 they land as long as the 01:11:03.342 --> 01:11:06.024 destination um accepts that 01:11:06.083 --> 01:11:07.944 format right as long as the 01:11:08.123 --> 01:11:10.064 the protocol is sound the 01:11:10.125 --> 01:11:13.365 destination is is is uh is generic 01:11:14.059 --> 01:11:15.359 The blockchain is generic. 01:11:15.960 --> 01:11:17.060 And I wonder if you should 01:11:17.100 --> 01:11:18.301 just push that idea further. 01:11:18.421 --> 01:11:19.542 That's essentially what it is. 01:11:20.104 --> 01:11:22.404 And pushing the idea further would be, 01:11:22.425 --> 01:11:24.247 I suppose, saying, well, 01:11:24.466 --> 01:11:26.769 what part of the Cosmos SDK 01:11:28.350 --> 01:11:29.411 is actually necessary? 01:11:29.451 --> 01:11:30.692 In fact, any SDK. 01:11:30.771 --> 01:11:31.752 In fact, any... 01:11:33.371 --> 01:11:35.292 smart contract VM, like, 01:11:35.511 --> 01:11:36.511 should you not simply just 01:11:36.551 --> 01:11:37.832 be writing an interop layer 01:11:37.872 --> 01:11:39.173 to accept an arbitrary 01:11:39.213 --> 01:11:40.673 protocol connection and 01:11:40.694 --> 01:11:42.074 then just get that data 01:11:42.135 --> 01:11:46.636 onto a blockchain as it's, um, uh, 01:11:46.676 --> 01:11:47.497 storage at rest, 01:11:47.556 --> 01:11:50.097 but actually use volatile storage for the, 01:11:50.118 --> 01:11:52.399 uh, transaction resolution on top. 01:11:54.060 --> 01:11:54.220 Well, 01:11:54.260 --> 01:11:55.860 I think that's basically what wormhole is, 01:11:55.921 --> 01:11:56.261 isn't it? 01:11:57.702 --> 01:12:00.283 Wormhole is actually, I think maybe yes. 01:12:01.670 --> 01:12:01.850 Yeah, 01:12:01.890 --> 01:12:02.869 I think it's basically a measured 01:12:02.890 --> 01:12:03.810 protocol that they 01:12:03.951 --> 01:12:06.271 instantiate on their respective chains, 01:12:06.351 --> 01:12:08.393 and then they have, in effect, 01:12:08.493 --> 01:12:10.673 relayers that can work in 01:12:10.713 --> 01:12:12.594 between what amounts to any chain. 01:12:16.876 --> 01:12:17.475 Yeah, 01:12:17.655 --> 01:12:19.537 I think that is a similar model to 01:12:19.556 --> 01:12:20.438 what I'm talking about. 01:12:21.377 --> 01:12:21.917 But that's not like, 01:12:22.438 --> 01:12:23.779 is that super widely adopted? 01:12:25.653 --> 01:12:27.194 It's not super widely adopted. 01:12:27.215 --> 01:12:30.599 There's probably between 12 01:12:30.599 --> 01:12:31.659 and 15 chains that are 01:12:31.720 --> 01:12:32.701 using wormhole right now. 01:12:33.881 --> 01:12:34.622 But I know that they are 01:12:35.725 --> 01:12:36.585 actively expanding. 01:12:38.447 --> 01:12:39.228 And in my opinion, 01:12:39.247 --> 01:12:41.530 they're kind of walking 01:12:41.591 --> 01:12:43.252 backwards a little bit in that it 01:12:44.827 --> 01:12:45.266 I think that, 01:12:45.426 --> 01:12:46.768 I think the goal that they're 01:12:46.787 --> 01:12:47.948 going to start reaching for 01:12:48.149 --> 01:12:49.109 is becoming kind of like 01:12:49.288 --> 01:12:51.751 axel art in that you would have, um, 01:12:52.131 --> 01:12:54.853 kind of like a central wormhole chain, 01:12:55.113 --> 01:12:57.253 quote unquote, unquote, um, 01:12:58.033 --> 01:13:00.315 that everything bridges into it. 01:13:00.336 --> 01:13:02.157 And then you bridge out from there, right. 01:13:02.537 --> 01:13:03.938 Rather than it being interdependent, 01:13:03.957 --> 01:13:05.198 it would effectively become 01:13:05.238 --> 01:13:06.359 the wormhole hub. 01:13:13.134 --> 01:13:13.994 Which I'm actually okay with 01:13:14.034 --> 01:13:15.055 now that I'm thinking about it. 01:13:15.756 --> 01:13:15.956 I mean, 01:13:15.996 --> 01:13:18.358 if I want ABC to have fees and to 01:13:18.698 --> 01:13:20.019 be bringing in profit, which again, 01:13:20.038 --> 01:13:20.979 I think is one of the 01:13:21.020 --> 01:13:22.381 clearest profit mechanisms 01:13:23.001 --> 01:13:27.645 for basically all of IBC zones, then yeah, 01:13:27.885 --> 01:13:28.484 I think it makes sense. 01:13:28.524 --> 01:13:29.546 I mean, it's what Noble's doing. 01:13:33.007 --> 01:13:36.530 I... Yeah, I didn't agree with that. 01:13:36.711 --> 01:13:37.511 I mean, I'm kind of just... 01:13:41.006 --> 01:13:43.149 Other than this DDoS prevention, um, 01:13:46.211 --> 01:13:48.172 I'm increasingly less and 01:13:48.212 --> 01:13:50.454 less fussed about fees in general. 01:13:50.475 --> 01:13:53.778 And I just more and more 01:13:53.837 --> 01:13:57.161 think it just doesn't fucking work, um, 01:13:57.461 --> 01:13:58.462 for anything useful. 01:14:00.382 --> 01:14:03.805 Um, I mean, maybe the whole, 01:14:04.086 --> 01:14:05.146 maybe the whole thing doesn't work. 01:14:05.527 --> 01:14:05.948 I don't know. 01:14:05.967 --> 01:14:06.007 Um, 01:14:08.253 --> 01:14:09.835 Well, there is a blockchain, 01:14:09.875 --> 01:14:10.836 I can't remember which one right now, 01:14:11.195 --> 01:14:13.858 that actually has IBC fees being free. 01:14:14.439 --> 01:14:15.399 Like they have a secondary 01:14:15.439 --> 01:14:17.761 packet type that has IBC 01:14:18.301 --> 01:14:19.561 transactions are free, right? 01:14:19.582 --> 01:14:19.881 And so... 01:14:21.158 --> 01:14:21.398 For that, 01:14:21.438 --> 01:14:22.198 I think it's a really interesting 01:14:22.219 --> 01:14:24.479 case that you still need to 01:14:24.500 --> 01:14:25.680 pay for the infrastructure for IBC. 01:14:25.899 --> 01:14:27.081 The best way to have good 01:14:27.140 --> 01:14:28.981 IBC relaying is to have a 01:14:29.242 --> 01:14:30.882 lot of the nodes local to 01:14:30.903 --> 01:14:31.722 each other on the same 01:14:31.783 --> 01:14:33.024 machine so that they have 01:14:33.104 --> 01:14:34.344 really quick latency or 01:14:34.404 --> 01:14:38.945 really low latency, which has a cost. 01:14:40.667 --> 01:14:41.807 But to be able to bypass the 01:14:41.847 --> 01:14:43.948 typical blockchain fees is 01:14:43.988 --> 01:14:44.988 a really cool concept. 01:14:48.270 --> 01:14:48.551 Yeah. 01:14:50.171 --> 01:14:51.671 I mean, so I guess I, I mean, 01:14:51.912 --> 01:14:52.792 I guess like the background 01:14:52.813 --> 01:14:54.052 to this is that obviously these days, 01:14:54.113 --> 01:14:55.474 like I think a lot about payments. 01:14:55.573 --> 01:14:57.354 I think a lot, a lot, a lot, 01:14:57.395 --> 01:14:59.577 a lot about going to a 01:14:59.617 --> 01:15:01.778 coffee shop and buying a cup of coffee. 01:15:01.858 --> 01:15:02.078 Right. 01:15:02.759 --> 01:15:04.220 And as soon as soon as you 01:15:04.239 --> 01:15:05.119 start breaking that down, 01:15:05.140 --> 01:15:06.480 you're like the things that 01:15:06.801 --> 01:15:08.502 the amount of changes you 01:15:08.521 --> 01:15:09.323 would have to do. 01:15:10.244 --> 01:15:12.127 in order to make that 01:15:12.186 --> 01:15:13.747 adoption pattern happen. 01:15:13.807 --> 01:15:14.828 And one of them has to be 01:15:14.849 --> 01:15:16.869 speed and ease to the consumer, 01:15:17.029 --> 01:15:17.570 absolutely. 01:15:17.970 --> 01:15:19.131 But one of them has to be fees. 01:15:19.452 --> 01:15:21.293 And as soon as you start 01:15:21.373 --> 01:15:23.354 layering on any 01:15:23.574 --> 01:15:25.377 sufficiently complex set of fees, 01:15:25.777 --> 01:15:29.300 gas included, number one, 01:15:29.720 --> 01:15:31.240 you end up in a situation 01:15:31.261 --> 01:15:36.104 that the gas can become unknowable. 01:15:37.168 --> 01:15:37.769 Very, very quickly. 01:15:37.868 --> 01:15:38.770 I mean, almost all chains, 01:15:38.789 --> 01:15:39.829 it's an estimation, right? 01:15:41.131 --> 01:15:42.572 And that means that as a 01:15:42.612 --> 01:15:44.152 consumer and particularly as a vendor, 01:15:44.192 --> 01:15:46.353 who's in most, in a lot of jurisdictions, 01:15:46.372 --> 01:15:47.134 the vendor is going to have 01:15:47.154 --> 01:15:48.173 to suck up that cost. 01:15:49.095 --> 01:15:50.534 They're going to have to know, 01:15:50.555 --> 01:15:51.576 they're going to want to 01:15:51.615 --> 01:15:52.315 know how much that is. 01:15:52.336 --> 01:15:52.796 Ideally, 01:15:52.817 --> 01:15:53.997 they're going to want to know what 01:15:54.056 --> 01:15:55.658 is ahead of time for accounting reasons. 01:15:56.768 --> 01:15:57.828 and be able to you know to 01:15:57.889 --> 01:15:59.310 calculate it just calculate 01:15:59.331 --> 01:16:00.251 it easily without it being 01:16:00.291 --> 01:16:01.032 an accounting overhead 01:16:01.051 --> 01:16:01.693 otherwise they're going to 01:16:01.712 --> 01:16:02.953 go fuck it you know if it 01:16:02.993 --> 01:16:04.854 costs us another week a 01:16:04.875 --> 01:16:05.996 year to do the accounting 01:16:06.055 --> 01:16:06.877 to work out what we're 01:16:06.896 --> 01:16:08.137 spending at cost at point 01:16:08.177 --> 01:16:09.458 of sale it turns out it's 01:16:09.498 --> 01:16:11.341 cheaper right until we put 01:16:11.720 --> 01:16:13.283 the accounting line item 01:16:13.323 --> 01:16:15.064 against it and then it 01:16:15.123 --> 01:16:15.765 turns out that the 01:16:15.784 --> 01:16:16.545 percentage difference 01:16:16.564 --> 01:16:18.167 between that using visa or 01:16:18.207 --> 01:16:20.649 whatever um clear pay 01:16:20.689 --> 01:16:23.051 whoever I don't know who it'd be um it 01:16:23.936 --> 01:16:25.438 It becomes negligible, right? 01:16:25.457 --> 01:16:26.137 And we're moving 01:16:26.177 --> 01:16:27.378 infrastructure for no reason. 01:16:28.918 --> 01:16:29.960 And that's before you think 01:16:30.020 --> 01:16:31.159 about all of the additional 01:16:31.680 --> 01:16:33.201 things you can get in public networks, 01:16:33.240 --> 01:16:34.402 like MEV and all that kind 01:16:34.442 --> 01:16:36.483 of fun shit where you're like, look, 01:16:36.502 --> 01:16:37.622 if I'm buying a coffee, 01:16:37.643 --> 01:16:39.963 I don't want like the idea 01:16:40.003 --> 01:16:40.805 of like blocks and things 01:16:40.824 --> 01:16:41.984 like that with like MEV 01:16:42.204 --> 01:16:43.685 transactions and all that 01:16:43.706 --> 01:16:44.646 kind of shit happening in 01:16:44.707 --> 01:16:48.427 it is like total mad stuff. 01:16:48.528 --> 01:16:48.707 Right. 01:16:52.438 --> 01:16:54.119 yeah like fees fees is not 01:16:54.239 --> 01:16:55.841 one I think you like you 01:16:55.862 --> 01:16:56.762 take it for granted so you 01:16:56.802 --> 01:17:00.546 go well okay but but is 01:17:00.606 --> 01:17:02.268 this the right is there 01:17:02.328 --> 01:17:03.208 another model and I don't 01:17:03.248 --> 01:17:04.149 have a good like it's not 01:17:04.170 --> 01:17:05.851 like I have a good counter 01:17:05.872 --> 01:17:06.893 suggestion at the moment 01:17:06.953 --> 01:17:08.375 but for how you pay people 01:17:08.414 --> 01:17:09.775 to run infrastructure other 01:17:09.815 --> 01:17:12.399 than you know they offer it 01:17:12.479 --> 01:17:14.780 as a service and people pay for it 01:17:15.492 --> 01:17:16.212 But you know, 01:17:16.271 --> 01:17:18.132 who's paying for it and on what basis? 01:17:18.193 --> 01:17:18.912 I mean, like, you know, 01:17:18.932 --> 01:17:20.153 you look at provision of 01:17:20.273 --> 01:17:22.753 RPC nodes and there's basically two, 01:17:22.993 --> 01:17:23.833 two versions, right? 01:17:23.854 --> 01:17:26.295 There's poverty tragedy of the commons, 01:17:26.734 --> 01:17:27.154 and then there's a 01:17:27.215 --> 01:17:28.416 foundation paying tens of 01:17:28.435 --> 01:17:30.176 thousands of dollars for 01:17:30.515 --> 01:17:32.356 what is a technical service 01:17:32.457 --> 01:17:33.777 with high availability. 01:17:34.417 --> 01:17:34.658 Right. 01:17:35.358 --> 01:17:39.238 And it, it would be hard to. 01:17:42.095 --> 01:17:43.136 I think if you start from 01:17:43.176 --> 01:17:44.296 the premise that we're in a 01:17:44.337 --> 01:17:45.438 situation right now where 01:17:45.497 --> 01:17:47.478 decentralization is 01:17:47.759 --> 01:17:51.220 basically theater on almost every network, 01:17:51.800 --> 01:17:52.600 the reality is all the 01:17:52.640 --> 01:17:53.780 tokens are concentrated. 01:17:53.801 --> 01:17:55.221 A lot of the voting power is concentrated, 01:17:55.242 --> 01:17:56.261 particularly in proof of stake. 01:17:57.743 --> 01:17:59.083 And you start to go, yeah, okay, well, 01:17:59.123 --> 01:18:01.704 these networks, they are businesses. 01:18:02.444 --> 01:18:03.485 The rest of it is theater. 01:18:04.594 --> 01:18:06.274 essentially so they should 01:18:06.295 --> 01:18:07.796 just act like it pay nodes 01:18:07.855 --> 01:18:08.796 for professional service 01:18:08.837 --> 01:18:10.177 provision and then move on 01:18:10.818 --> 01:18:13.060 right then we then we go 01:18:13.100 --> 01:18:13.860 okay well that's that's 01:18:13.900 --> 01:18:14.801 problem solved that's how 01:18:14.860 --> 01:18:16.221 you would get that robust 01:18:16.301 --> 01:18:17.622 architecture for payments 01:18:17.643 --> 01:18:19.104 and whatnot to to sort of 01:18:19.163 --> 01:18:20.765 work but you then go it 01:18:20.985 --> 01:18:21.945 then does beg the question 01:18:21.966 --> 01:18:23.868 where you go okay could we have 01:18:24.729 --> 01:18:26.371 a radically decentralized 01:18:26.411 --> 01:18:28.092 future where you are 01:18:28.273 --> 01:18:29.913 actually meeting a bunch of 01:18:29.953 --> 01:18:32.435 the things that... So if 01:18:32.456 --> 01:18:33.417 you remember back to 01:18:33.978 --> 01:18:35.838 Vitalik's early writings on 01:18:36.019 --> 01:18:36.920 proof of stake when it was 01:18:37.159 --> 01:18:38.942 very early in the mooting 01:18:39.002 --> 01:18:41.743 process for Ethereum, 01:18:41.764 --> 01:18:42.824 some of that stuff around 01:18:43.444 --> 01:18:44.985 none of this stuff... Even 01:18:45.207 --> 01:18:47.668 he said a lot of the 01:18:47.689 --> 01:18:48.970 decentralization stuff is 01:18:49.050 --> 01:18:50.810 theater unless you can run... 01:18:51.992 --> 01:18:52.993 all this stuff on consumer 01:18:53.033 --> 01:18:54.432 hardware on on laptops 01:18:54.493 --> 01:18:55.493 phones that sort of stuff 01:18:56.033 --> 01:18:57.154 and so like I guess you get 01:18:57.173 --> 01:19:01.256 to moot a future where the 01:19:01.315 --> 01:19:02.096 provision of the 01:19:02.136 --> 01:19:03.516 infrastructure is as cheap 01:19:03.577 --> 01:19:05.158 and as ready as water right 01:19:05.637 --> 01:19:06.838 that's the other flip of 01:19:06.878 --> 01:19:09.800 the coin where the party 01:19:09.819 --> 01:19:12.341 can happen but in the world 01:19:12.400 --> 01:19:14.341 where you need service provision 01:19:15.546 --> 01:19:16.646 with all the dedicated 01:19:16.686 --> 01:19:17.686 hardware and all that kind 01:19:17.707 --> 01:19:18.287 of other stuff. 01:19:18.327 --> 01:19:19.747 It just, it, it, 01:19:20.068 --> 01:19:21.908 it tends towards centralization anyway, 01:19:21.988 --> 01:19:23.350 like our entire model and 01:19:23.890 --> 01:19:24.770 all everything around it 01:19:24.810 --> 01:19:26.891 currently tends that way. 01:19:26.971 --> 01:19:30.314 And the fee model as a 01:19:30.354 --> 01:19:31.554 result is not enough to 01:19:31.613 --> 01:19:32.835 support that professional 01:19:32.895 --> 01:19:34.216 level of service provision. 01:19:34.555 --> 01:19:35.775 Whereas like micro payments 01:19:35.796 --> 01:19:36.837 for somebody just renting 01:19:36.896 --> 01:19:38.797 out a bit of extra, you know, 01:19:38.957 --> 01:19:40.618 idle bandwidth on the laptop is, 01:19:42.039 --> 01:19:43.560 that's a completely different game. 01:19:43.600 --> 01:19:44.122 And you're like, yeah, 01:19:44.202 --> 01:19:46.422 fees might be sufficient to 01:19:47.064 --> 01:19:47.863 trade off against the 01:19:47.904 --> 01:19:48.984 slight bit of hard drive 01:19:49.024 --> 01:19:50.405 wear or whatever you'd have 01:19:51.587 --> 01:19:53.068 for running a small light 01:19:53.108 --> 01:19:54.108 client or something on your 01:19:54.148 --> 01:19:56.289 laptop while you're doom 01:19:56.310 --> 01:19:57.890 scrolling on YouTube or whatever. 01:19:57.911 --> 01:20:03.734 I don't know. 01:20:03.954 --> 01:20:05.335 The more I think hard about payments, 01:20:05.376 --> 01:20:10.639 the more kind of hopeful I get about 01:20:11.764 --> 01:20:14.246 um the solutions that are 01:20:14.265 --> 01:20:15.106 going to come along in five 01:20:15.146 --> 01:20:16.988 ten years for actually 01:20:17.069 --> 01:20:18.630 radically decentralized 01:20:18.670 --> 01:20:22.393 solutions to economic 01:20:22.432 --> 01:20:23.833 systems that only exist in 01:20:23.894 --> 01:20:26.256 cyberspace but it's going 01:20:26.275 --> 01:20:27.337 to be so different to what 01:20:27.356 --> 01:20:28.478 we currently have now I 01:20:28.497 --> 01:20:29.618 don't know because because 01:20:29.639 --> 01:20:30.579 what we have now is just 01:20:31.380 --> 01:20:32.541 the things that support it 01:20:32.801 --> 01:20:33.662 everything just seems like 01:20:33.702 --> 01:20:34.783 tragedy of the commons like 01:20:34.823 --> 01:20:36.864 in every direction um 01:20:38.796 --> 01:20:39.676 And you can see from the 01:20:39.716 --> 01:20:41.278 business models that we as 01:20:41.337 --> 01:20:42.158 node operators and 01:20:42.198 --> 01:20:43.097 infrastructure provision 01:20:43.679 --> 01:20:45.618 providers have to do, 01:20:45.679 --> 01:20:46.338 which are not that 01:20:46.619 --> 01:20:49.359 dissimilar to traditional 01:20:50.060 --> 01:20:51.640 enterprise infrastructure contracts. 01:20:53.662 --> 01:20:54.782 You go, well, yeah, okay, 01:20:54.822 --> 01:20:56.662 so this is the world we 01:20:56.682 --> 01:20:57.582 live in because that's what 01:20:57.603 --> 01:20:58.342 we actually have to do in 01:20:58.363 --> 01:20:58.903 order to survive. 01:20:59.104 --> 01:21:03.805 What do you think about the curtain? 01:21:04.984 --> 01:21:06.466 Niles is busy filing his taxes, of course, 01:21:06.506 --> 01:21:06.645 there. 01:21:07.400 --> 01:21:08.721 Yes, that's an important part. 01:21:09.322 --> 01:21:11.643 One thing I've thought about a bit is, um, 01:21:12.262 --> 01:21:13.904 having something, uh, like, uh, 01:21:14.123 --> 01:21:15.024 I don't wanna say community fund, 01:21:15.064 --> 01:21:15.685 but let's say there's a 01:21:15.725 --> 01:21:16.744 secondary type of community 01:21:16.784 --> 01:21:17.886 fund that works as 01:21:17.926 --> 01:21:19.787 effectively an escrow for fees, right. 01:21:20.167 --> 01:21:22.268 Where it's too common that 01:21:22.908 --> 01:21:24.009 you sent out a transaction. 01:21:24.069 --> 01:21:24.849 The estimate wasn't right. 01:21:24.889 --> 01:21:27.430 You need to increase it by like 50 gas, 01:21:27.711 --> 01:21:28.511 let's say, right. 01:21:29.310 --> 01:21:30.912 I don't understand why there 01:21:30.952 --> 01:21:32.252 isn't some level of escrow 01:21:32.353 --> 01:21:33.313 where once that estimate is 01:21:33.353 --> 01:21:34.993 done and the payment is done is paid. 01:21:37.368 --> 01:21:40.451 the overpayment instead of like, 01:21:40.530 --> 01:21:41.511 I don't see why that 01:21:41.551 --> 01:21:42.511 overpayment doesn't go to 01:21:42.551 --> 01:21:44.372 like an escrow system or an account, 01:21:44.512 --> 01:21:45.213 which would then pay the 01:21:45.253 --> 01:21:47.414 difference on accidentally 01:21:47.534 --> 01:21:50.176 underpaid transactions for small things, 01:21:50.216 --> 01:21:51.978 for like a contract execution, 01:21:52.018 --> 01:21:52.597 maybe less. 01:21:53.658 --> 01:21:54.418 But if you're doing a basic 01:21:54.458 --> 01:21:57.280 send or update your 01:21:57.301 --> 01:21:58.362 validator transaction, 01:21:59.670 --> 01:22:01.110 Those have a pretty consistent gas, right? 01:22:01.150 --> 01:22:02.212 If it goes down just a little bit, 01:22:02.231 --> 01:22:03.012 it goes up a little bit. 01:22:03.472 --> 01:22:04.033 I don't think it should 01:22:04.052 --> 01:22:05.595 require sending a new transaction. 01:22:05.994 --> 01:22:06.854 Pull from that escrow. 01:22:06.996 --> 01:22:07.876 And if it's overestimated, 01:22:08.476 --> 01:22:09.837 push the rest from that escrow account. 01:22:11.259 --> 01:22:12.479 I haven't thought too much about this, 01:22:12.520 --> 01:22:13.461 but it's something that it 01:22:13.520 --> 01:22:15.442 seems like fees are an 01:22:15.742 --> 01:22:17.623 ongoing issue within blockchains. 01:22:19.845 --> 01:22:20.485 And it seems like there's 01:22:20.765 --> 01:22:22.247 solutions that can be found 01:22:22.287 --> 01:22:22.927 that doesn't mean... 01:22:24.451 --> 01:22:25.570 just a failed transaction. 01:22:25.811 --> 01:22:26.712 Like failed transactions 01:22:26.912 --> 01:22:27.692 shouldn't happen unless 01:22:27.712 --> 01:22:28.292 something egregious 01:22:28.493 --> 01:22:29.792 egregious happens in my opinion. 01:22:30.113 --> 01:22:30.913 Or like you're not actually 01:22:30.953 --> 01:22:32.274 providing the gas or whatever. 01:22:32.293 --> 01:22:33.074 Like if you don't have the 01:22:33.095 --> 01:22:34.354 gas to pay great fail. 01:22:34.614 --> 01:22:35.876 Otherwise let it go through. 01:22:37.235 --> 01:22:39.596 I, I just wonder if like the, 01:22:40.997 --> 01:22:45.079 the solution is to cause 01:22:45.399 --> 01:22:46.779 fees at the moment are 01:22:46.840 --> 01:22:49.761 mainly to stop spam. 01:22:49.942 --> 01:22:50.202 Right. 01:22:50.362 --> 01:22:52.922 That's kind of the, the reason. 01:22:54.036 --> 01:22:54.837 So, I mean, 01:22:54.856 --> 01:22:55.697 there are a lot of different 01:22:55.737 --> 01:22:56.917 models for how you store 01:22:56.997 --> 01:22:58.298 state on blockchains that 01:22:58.359 --> 01:22:59.539 involve like one of the 01:22:59.579 --> 01:23:00.399 things you can do. 01:23:01.360 --> 01:23:01.701 And again, 01:23:01.720 --> 01:23:02.761 I would think this because a lot 01:23:02.782 --> 01:23:03.582 of the stuff I look at the 01:23:03.601 --> 01:23:05.103 moment is privacy stuff, right? 01:23:05.523 --> 01:23:08.145 Is if you store less state, right? 01:23:08.284 --> 01:23:09.826 If you store less stuff and 01:23:09.865 --> 01:23:11.226 keep more stuff private, 01:23:11.948 --> 01:23:12.828 you store less state. 01:23:12.887 --> 01:23:14.368 And it's a lot harder to 01:23:14.529 --> 01:23:17.251 clog up a blockchain with random shit, 01:23:17.470 --> 01:23:17.690 right? 01:23:18.091 --> 01:23:19.212 And then your need for fees 01:23:19.271 --> 01:23:20.332 does become bigger. 01:23:21.212 --> 01:23:22.393 Um, substantially lower, I mean, 01:23:22.412 --> 01:23:23.715 at the most extreme level, 01:23:23.734 --> 01:23:26.757 you can store a tiny root hashes, um, 01:23:29.119 --> 01:23:31.363 and then just get linear, you know, 01:23:31.622 --> 01:23:33.585 just small linear growth of, of, 01:23:33.784 --> 01:23:34.565 of these sorts of things. 01:23:34.605 --> 01:23:36.226 And that's an extreme example, right? 01:23:37.868 --> 01:23:39.270 But in that world, you're like, well, 01:23:40.051 --> 01:23:40.431 you know, the, 01:23:40.591 --> 01:23:42.493 the marginal cost of node operators is, 01:23:42.613 --> 01:23:44.475 is effectively zero trending to zero. 01:23:45.887 --> 01:23:48.010 You don't need fees to prevent spam, 01:23:48.229 --> 01:23:49.332 let people spam away. 01:23:50.011 --> 01:23:52.774 And if you make the transactions private, 01:23:53.555 --> 01:23:56.318 you prevent certain types 01:23:56.378 --> 01:23:58.421 of spam like bots. 01:24:00.322 --> 01:24:03.365 Because you can't MEV, you can't do MEV, 01:24:03.805 --> 01:24:04.587 flash attacks, 01:24:04.686 --> 01:24:05.547 any of that stuff on 01:24:05.627 --> 01:24:06.628 individual transactions if 01:24:06.668 --> 01:24:07.510 you can't introspect the 01:24:07.550 --> 01:24:08.631 transactions in the mempool. 01:24:10.298 --> 01:24:11.340 It becomes a lot harder. 01:24:11.479 --> 01:24:13.180 So the only situation, in fact, 01:24:13.261 --> 01:24:14.502 where you can attack a 01:24:14.542 --> 01:24:18.485 transaction is if you are 01:24:18.546 --> 01:24:19.367 the person with the 01:24:19.426 --> 01:24:21.748 transaction and you know 01:24:23.110 --> 01:24:24.431 before the transaction 01:24:24.471 --> 01:24:26.814 settles that you are about to lose money, 01:24:27.595 --> 01:24:28.855 if you are also a node 01:24:28.895 --> 01:24:30.537 operator and could type at 01:24:30.557 --> 01:24:31.398 the speed of light, 01:24:32.734 --> 01:24:34.216 you could maybe do something 01:24:34.296 --> 01:24:36.358 to modify your binary, stop your binary, 01:24:36.918 --> 01:24:38.119 reload your binary with 01:24:38.180 --> 01:24:39.461 changed code in order to, 01:24:39.621 --> 01:24:41.943 but that's like theoretical 01:24:41.983 --> 01:24:43.203 to the point of comedy that 01:24:43.243 --> 01:24:45.805 you could modify a mempool 01:24:45.826 --> 01:24:47.306 and attack the blockchain 01:24:47.407 --> 01:24:48.608 on behalf of yourself to 01:24:48.667 --> 01:24:50.408 merely reverse your own transaction. 01:24:50.429 --> 01:24:53.011 Yeah, I mean, 01:24:53.051 --> 01:24:53.832 maybe there's a way of doing 01:24:53.851 --> 01:24:54.551 that that I haven't thought 01:24:54.591 --> 01:24:56.293 of that doesn't involve a comical setup, 01:24:56.434 --> 01:24:57.854 but yeah, I don't know. 01:24:58.880 --> 01:24:59.661 it feels like you can tackle 01:24:59.680 --> 01:25:00.421 a lot of these situations, 01:25:00.480 --> 01:25:03.203 a lot of these solutions by, you know, 01:25:03.342 --> 01:25:04.323 like practical Byzantine 01:25:04.344 --> 01:25:05.783 fault tolerance relies on 01:25:05.824 --> 01:25:07.244 you loosening some of the 01:25:07.265 --> 01:25:09.407 assumptions around asynchrony, 01:25:09.447 --> 01:25:10.627 like to have partial 01:25:10.667 --> 01:25:11.707 synchrony and stuff like that, 01:25:11.728 --> 01:25:12.488 where you go, okay, well, 01:25:12.509 --> 01:25:12.988 we're going to have a 01:25:13.048 --> 01:25:14.090 timeout that's going to 01:25:14.149 --> 01:25:15.390 make sure that it is 01:25:15.451 --> 01:25:16.631 eventually synchronous, right? 01:25:16.992 --> 01:25:18.313 You can start saying, well, okay, 01:25:19.332 --> 01:25:20.953 What if our default is that 01:25:21.393 --> 01:25:22.434 fee should be zero, 01:25:22.974 --> 01:25:24.854 but that you could specify 01:25:24.934 --> 01:25:26.673 fees on top for the X, Y, 01:25:26.713 --> 01:25:28.534 Z reason to enhance security and X, Y, 01:25:28.614 --> 01:25:30.414 Z situation, or like, you know, 01:25:31.095 --> 01:25:31.994 on things like privacy, 01:25:32.034 --> 01:25:33.515 like the default should be 01:25:34.136 --> 01:25:35.595 that other people other 01:25:35.636 --> 01:25:37.115 than the sender cannot 01:25:37.256 --> 01:25:38.515 introspect to transaction. 01:25:38.536 --> 01:25:39.636 Right. 01:25:40.237 --> 01:25:42.457 And then suddenly you start adding, 01:25:42.697 --> 01:25:43.716 adding stuff on top. 01:25:45.358 --> 01:25:46.537 That means that you get 01:25:46.578 --> 01:25:47.738 additional things for free. 01:25:49.007 --> 01:25:49.328 I don't know. 01:25:50.368 --> 01:25:50.889 Like I say, 01:25:50.908 --> 01:25:51.788 we're very firmly into my 01:25:51.828 --> 01:25:53.208 shower thoughts section here, 01:25:53.248 --> 01:25:55.369 so apologies to anybody listening. 01:25:56.750 --> 01:25:59.310 I've just turned in a draft paper, 01:25:59.390 --> 01:26:02.412 so there's just a lot of... 01:26:03.032 --> 01:26:04.492 You know when you've just 01:26:04.532 --> 01:26:05.511 done a piece of woodwork 01:26:06.153 --> 01:26:07.193 and you haven't swept up yet? 01:26:08.274 --> 01:26:09.916 And there's just like all of 01:26:09.956 --> 01:26:11.136 the sawdust is on the floor. 01:26:11.617 --> 01:26:12.778 And in the sawdust, 01:26:13.038 --> 01:26:14.720 like there are some useful offcuts, 01:26:14.779 --> 01:26:16.100 but they're buried in the sawdust. 01:26:16.582 --> 01:26:17.563 And you do that thing where, you know, 01:26:17.582 --> 01:26:18.384 you kick around with your 01:26:18.423 --> 01:26:20.265 shoes in like the kind of 01:26:20.345 --> 01:26:21.326 ankle deep sawdust. 01:26:21.405 --> 01:26:23.809 And you're like trying to find any useful, 01:26:23.868 --> 01:26:24.750 like, you know, 01:26:24.770 --> 01:26:26.091 there's like magic offcuts 01:26:26.110 --> 01:26:27.752 that are like about a centimeter big. 01:26:28.880 --> 01:26:30.001 And they're like that really 01:26:30.180 --> 01:26:32.221 useful size for like door 01:26:32.261 --> 01:26:34.184 wedges or propping shit up or whatever. 01:26:34.203 --> 01:26:34.783 And you're like, Ooh, 01:26:34.863 --> 01:26:35.685 I bet there's some good off 01:26:35.744 --> 01:26:36.444 cuts down here. 01:26:36.886 --> 01:26:38.226 I feel like I'm at that stage. 01:26:38.287 --> 01:26:39.747 Like I've just got the 01:26:39.787 --> 01:26:40.868 majority of a thing done. 01:26:40.908 --> 01:26:41.868 I'm just kicking around in 01:26:41.908 --> 01:26:43.149 the sawdust for any other 01:26:43.250 --> 01:26:44.690 like half baked ideas that 01:26:44.730 --> 01:26:47.493 might be useful for the future. 01:26:47.512 --> 01:26:49.795 So I'm sorry for subjecting you to it. 01:26:51.355 --> 01:26:51.636 Anyway, 01:26:52.436 --> 01:26:54.618 you're like that dad with that box 01:26:55.099 --> 01:26:57.159 filled with useless fucking 01:26:57.199 --> 01:26:58.240 off cuts that you never use. 01:26:59.984 --> 01:27:02.746 I literally under my desk here right now. 01:27:02.826 --> 01:27:04.207 Cause I was literally doing 01:27:04.247 --> 01:27:05.368 something the other day. 01:27:05.387 --> 01:27:06.949 I have a box of off cuts 01:27:07.010 --> 01:27:08.350 that I have yet to sort. 01:27:09.110 --> 01:27:10.351 It's a very exciting box. 01:27:10.391 --> 01:27:11.052 There's some real, 01:27:12.134 --> 01:27:13.375 some real good off cuts in there. 01:27:13.734 --> 01:27:14.234 I'm pretty pleased. 01:27:14.255 --> 01:27:15.176 I feel like you don't have 01:27:15.235 --> 01:27:16.117 enough to do if you're 01:27:16.157 --> 01:27:18.177 spending your time sorting off cuts. 01:27:18.798 --> 01:27:19.779 Although, you know, 01:27:19.800 --> 01:27:20.619 it seems like you have 01:27:20.640 --> 01:27:22.542 spare time these days now 01:27:22.561 --> 01:27:25.564 that you are not painting 01:27:25.604 --> 01:27:26.203 your little men. 01:27:26.224 --> 01:27:26.265 Uh, 01:27:28.993 --> 01:27:30.373 Yeah, yeah, no, that's true. 01:27:30.474 --> 01:27:32.033 Not painting your little men. 01:27:33.614 --> 01:27:34.835 Noel has a very, 01:27:34.895 --> 01:27:36.136 very dim view of hobbies 01:27:36.296 --> 01:27:38.237 because Noel has decided to 01:27:38.296 --> 01:27:41.057 work every single hour God gave him. 01:27:42.878 --> 01:27:44.298 Whereas, yeah, 01:27:44.838 --> 01:27:46.000 some of us have decided 01:27:46.300 --> 01:27:47.961 since having children to 01:27:49.060 --> 01:27:49.961 pick up hobbies again 01:27:49.980 --> 01:27:50.761 because otherwise we'll go 01:27:50.841 --> 01:27:51.981 fucking insane. 01:27:52.002 --> 01:27:53.502 My guy, 01:27:54.063 --> 01:27:55.564 I'll have you know that I left the 01:27:55.604 --> 01:27:56.323 house yesterday. 01:27:57.867 --> 01:27:58.306 To do what? 01:27:58.346 --> 01:27:58.967 To do more work? 01:27:58.988 --> 01:28:00.088 Did you go to the data center? 01:28:00.128 --> 01:28:01.010 Is that why you left the house? 01:28:02.930 --> 01:28:04.853 I bought a charge cable for my mouse. 01:28:07.095 --> 01:28:08.756 That sounds like very unproductive time, 01:28:08.777 --> 01:28:09.016 Niall. 01:28:09.037 --> 01:28:10.158 You should be ashamed of yourself. 01:28:11.139 --> 01:28:12.359 I didn't realize you went so hard. 01:28:14.180 --> 01:28:15.162 My mouse stopped working. 01:28:17.064 --> 01:28:17.384 No, 01:28:18.864 --> 01:28:20.306 I haven't been to the data center in a 01:28:20.327 --> 01:28:20.606 while. 01:28:20.787 --> 01:28:21.768 I don't intend to go there 01:28:21.807 --> 01:28:22.769 unless something blows up. 01:28:27.250 --> 01:28:27.890 Yeah, I have been, 01:28:28.110 --> 01:28:30.511 I kind of want to buy some 01:28:30.532 --> 01:28:32.814 more stuff to build a 01:28:32.873 --> 01:28:34.154 Proxmox cluster now though. 01:28:34.175 --> 01:28:36.337 What? 01:28:37.518 --> 01:28:39.078 Proxmox, the hypervisor. 01:28:39.099 --> 01:28:42.161 I've rekindled my love of hypervisors. 01:28:43.702 --> 01:28:45.804 And yeah, 01:28:46.344 --> 01:28:48.005 Proxmox is like the most annoying 01:28:48.065 --> 01:28:48.525 one to use. 01:28:49.365 --> 01:28:50.367 So I figured that'd be a 01:28:50.407 --> 01:28:51.127 great place to start. 01:28:53.921 --> 01:28:57.226 I don't even know what to say to that. 01:28:57.287 --> 01:28:58.007 So why? 01:28:59.529 --> 01:29:00.332 Well, I mean, 01:29:00.351 --> 01:29:04.056 why use something easy when 01:29:04.096 --> 01:29:05.158 you can use something hard? 01:29:05.418 --> 01:29:06.560 And then, you know, 01:29:06.881 --> 01:29:07.762 if you ever have to fall 01:29:07.802 --> 01:29:09.164 back to the easy one, you'll be like, oh, 01:29:09.185 --> 01:29:09.886 fuck, this is easy.