I saw that man I'm I'm no slash
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[Music]
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hello everybody [Laughter]
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episode 43 you decide to take over the intro I've done it twice man I've done it twice before I already realized that
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[ __ ] episode 42 we could have done oh there's the [ __ ] got us demonetized first 20 seconds awesome well um we
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should have made a hitchhike as reference um although this is the real 42 isn't it
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because we actually deleted one of the episodes so today is episode 43 but it's actually
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42. don't tell anybody but yes this is actually 42. the ultimate is contained
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therein I guess what is the missing episode is it it's like in the 30s right 35 I think yeah I think
1:07
all right at some special occasion let's just go back and do 35. that's a good idea yeah yeah it's 35. this is f in the
1:16
chief that one in our pocket for the chapter 35 that's right
1:21
um so what's happening well I mean we've just been sitting here
1:27
talking about uh what going coming to America and the movie I was gonna say the Eddie
1:34
Murphy love that movie no Coming to America yeah it was a reference to that but not coming to America what he's
1:40
gonna do how he's gonna write it off on tax hopefully uh
1:46
so I'm like how many how many conferences can I string together they have to be making money in order to
1:51
write it off first isn't that like a problem well you can in Australia now you can uh
1:58
write if you make a loss in a year you can actually claw back tax from the year before so I'm like how much money can I
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lose this year baby yeah right it says Aid strategy
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um let's see how it works out for him I like it yeah go out with a bang run that's right
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yeah YOLO you know whatever you look like ass today man you look like slapped
2:24
ass um it's just ass it's been a it's been a
2:31
very trying three months would be my review of the last three months
2:38
uh just so so nice nice and early I want to get us out of the road nice and early
2:43
uh thank you everybody for joining the podcast let's see if we've got five people in the in the in the chats today
2:49
thanks for coming uh if you aren't already to all the listeners on the
2:55
podcast version of this follow us on Twitter game of nodes underscore
3:01
and uh like And subscribe to our Channel
3:06
[ __ ] hashtag yeah let's ramp it up
3:12
and uh and if you feel like it do uh do the the just you know advertising our
3:19
behalf because we don't and we're [ __ ] so that's right that's some good marketing though you know it's crypto winner when
3:25
when we actually say something on this podcast is it is this the Christmas episode technically it is no no we've
3:33
been drinking mulled wine or some [ __ ] it is it is Christmas next year next next year next week we should do an end
3:38
of the year wrap-up episode
3:44
a video right and like I guess the other thing I should say is delegate to us but don't
3:50
bother like your tokens are worth [ __ ] also I think the the needle would have to
3:57
move substantially for us to start making money at least in our case um
4:04
yeah we're gonna start moving we're we're moving we're gradually looking at moving stuff off now on to um
4:12
Maybe time for our sponsored episodes people get onto asset mantle
4:19
was showing the stream link get out of here oh right how about it
4:25
what did we what have we done for asset mental I don't know but maybe we should start maybe we should at least they were
4:32
Shilling outstream this is like this is this is just like the J fig all day
4:40
do people really know what we say on the show before they recommend them
4:46
that is C Cosmos they hit yes yeah yeah exactly because it's kind of like
4:52
um you know was it do you not ask For Whom the Bell Tolls Something Something Told for thee
4:59
right that's right um you know we're something something sludging something something something
5:04
sledging the there you go there you go and they're not they're not even Shilling our link they're full of [ __ ]
5:12
um so who's this [ __ ] jobs person who's running around following everyone
5:17
your government stole their lives unfortunately destroy the biosphere via three to four billion [ __ ] jobs
5:24
on our stuff okay yeah yeah I get a lot of got a lot of followers they followed
5:30
me my account the other day as well it must be because somebody mentioned uh your rant about [ __ ] jobs and they
5:36
have a Twitter bot that follows for that friend yeah it's totally but they're following 10 000 people
5:47
other book isn't it his other big book [ __ ] jobs yeah
5:53
[Laughter] it's uh it's a thing it's basically all
5:59
about how uh in most schools uh well in a lot of schools of Economics they went oh right it's kind of natural as soon as
6:05
we get to the point we don't need additional labor will just stop working
6:11
that was like the assumption that a lot of people made like John Mayer Keynes was saying like I think it was literally
6:16
like 1935 he was like Hey by the end of century it's gonna be [ __ ] great everybody will work a three-day week we
6:22
won't need all that much [ __ ] it's gonna be [ __ ] magic people can have much more time for leisure we'll probably be
6:27
doing loads of Arty [ __ ] whatever it's gonna be it's gonna be awesome and then obviously that didn't happen because
6:33
what instead they they did was filled the world with jobs that don't really need doing um and and that's that's that is that is
6:40
a very inaccurate summary of the entire book okay welcome to game of noise
6:48
the intro again I I was just thinking of like uh
6:53
[ __ ] jobs that people are doing without being asked in the cosmos and I was just like uh decided isn't it
7:00
the thing actually the funny ones the thing that is like perennially like in a bear Market
7:08
nobody's making money you know it is what it is but the thing that's really surprised me I mean maybe it doesn't
7:14
surprise you guys but like is the amount of things that have come out since the the kind of Bull Run has ended and now
7:20
we're into a bear Market about people who were basically working um pretty much for free on like like you
7:28
know not like just I mean and this is this is actually not not to say that it is okay to work for free in any regard
7:34
but the uh not just like Discord mods and things like that but like people who are doing actual work work
7:40
um you know not really getting much of a scene much back given the massive extent of that
7:48
bull run anyway whatever yeah by the by um it's uh it's funny times in the
7:53
cosmos funny times in the cosmos that's what I'll say so um I'm probably the only one today that's
7:59
not actually aware of what's on the spreadsheet um wow that'd make time
8:06
all the edits are mine yeah it knows of Surfing or whatever um so I'm guessing biggest biggest news
8:13
of the week is Sif right just disappearing just deciding to just pop smoke and just [ __ ] right up it's just
8:20
like I'm gonna head out I'm done here boys I've had enough of your [ __ ] see
8:25
you later surfing team's running but I'm leaving yeah it's just like you'll
8:31
you'll you'll do it just fine I'm gonna see I'm gonna let you guys handle this
8:36
I'm I'm out maybe this [ __ ] got repoed like maybe they just someone come and took their servers out of the rack and
8:42
they're like yeah you know paying your bills boys that happened um a few years ago to a co-working space
8:48
um in it was either in Liverpool or Manchester I can't remember I had some friends that that worked there and
8:54
apparently the repo people just arrived uttered out to the middle of the day and just started taking stuff and people
9:00
were like whoa uh we all sublet that isn't you can't [ __ ] take that that's not owned by the building and the repo
9:06
guys were like well we're taking it and then there was basically a Big Brawl but it was like these repo guys versus like
9:13
nerds three let's say three times their number in nerds and nobody came off well
9:19
um with their stuff but like it was just apparently a total [ __ ] show and like I
9:27
think the police got called and it was like I just have in my head I'm I'm
9:32
imagining like [ __ ] you know like a a nerd like swinging a blade server at
9:41
like a [ __ ] repo man I'm like stand back this is literally a thing that happened
9:48
in The Simpsons in an episode where they were like nerds fighting jocks or something like something like that come
9:55
over here well I have this like image like of like Frank getting cornered by
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some people and then like flicking out like a flick knife but I don't know if that's actually a real memory or if I'm
10:06
just imagining Simpsons stuff that uh someone could make a cool cartoon maybe
10:13
maybe make some uh nfts but they're just scenes of like nerds fighting [ __ ] jokes taking up taking out those PCI
10:20
expansion little covers and use them as knives like come on
10:28
right that's uh does that mean actually what happened like the thing is it's such a like a funny there's actually not
10:35
that much to say about it is there because it's just like well being on the way out for a while I'd say
10:40
it's been a yes on the way on the way out and you know the Bears starting to claim casualties I mean I mean pretty
10:48
quick exit though I mean it's been on the way out I guess for the last few months but we were talking about it this
10:54
summer in some positive light I remember I know they've had governance issues and all that kind of stuff but you forget
10:59
why we were talking about it in in a in a more positive Foundation that had like a massive amount stake it was something
11:05
like that wasn't it it could have been yeah it could have been that or or it was something I don't remember I couldn't even tell you what the hell we
11:11
were talking about but um but does anybody actually know what the story is like it's anybody from a foundation team or anything else I heard
11:17
somebody just watching Twitter today and somebody said like they stopped paying salaries a few months ago and blah blah blah and there's is there an Almeda
11:23
connection did I hear something like that too anybody know
11:31
I don't know I said Elementor and you're like Alameda that sounds like me but I
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wasn't sure we can go back and check the tape um but they I guess they the chain is running there right there's there's
11:43
still blocks being made as far as I understand it just they just shut down the the UI piece that is yeah that's
11:48
just the foundation is gone and all of the other stuff so what is the does the does the website still work for like the
11:54
deck so no that's good that part's totally gone thank God it's so gone it
12:00
looks like it's a versa hosted site because I know that unfortunately I know what that looks like it looks like like they just they just got rid of the whole
12:06
property it's gone yeah but it is open source isn't it so somebody could conceivably bring it back up
12:13
I don't see why not if they were so inclined um I did see something on Twitter about
12:19
post-human running a some sort of call today about trying to do something similar to that
12:25
uh but again whatever it's probably for a good isn't it funny that if you can't kill kerberus you
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probably can't kill Steph yeah that's what I was just about to say like [ __ ] people just won't let [ __ ] die
12:38
this is yeah that's true they don't want that [ __ ] die well I mean there's yeah let the past die kill it if you have to
12:45
um yeah it seems like as many people like it's even a dig it's like as many
12:50
people just leave the set and then there's always somewhere someone there to like pick up the mantle and be like I've got you buddy rocket emoji yeah
12:59
let's get you let's get you back on your feet guy this was I I mean if we should we should have had a little bit this is
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terrible to say maybe I shouldn't say this we should have had a little death pool around chains I won't have gone that's
13:13
awful to say I should have thought about that before I said it but we could we could have done that like what was that that was a Clint Eastwood movie right
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that was a hair was that a Dirty Harry movie Deathpool yeah where they had the celebrities and their people were
13:24
betting on who would be dead first but we could have done that on Cosmos change but that's really more of it so so you
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know how there's like platforms where you can just bet on like [ __ ] anything right like you know they just
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they just there's like platforms where you can just bet on basically anything they've got just got pools on [ __ ] so
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much [ __ ] like you know if the if there's something going on with the Royals or something they'll be like oh let's make a pool about who's gonna do
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what or whatever anyway so um anyway have you like looked at have
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you looked at them no well this is a multi multi-part story have you looked
13:57
at um SGA the that betting platform in the course yeah yes yes Sigma Six so
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they should do that in instead of just being Sports they should have like user
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you know submittable like pools they are so they're gonna do that like are they
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the books yeah because yeah I think I'm not sure when the user submittable piece will be but they've already have they
14:19
already have built this structure around where users can be the house so they can actually create their own odds on
14:24
specific types of things or specific bets they want to take odds on and they did change their name I believe because I think I think Sports was in the name
14:30
before and they got rid of that or now I think it's a Six Sigma they just did it like just a little bit ago oh I did it
14:37
because it was Sigma Six Sports so it was it like yeah I think I think they branded that a bit to get away from just
14:43
a sports piece of that or they can have the opportunity at least down the line to be able to do whatever or I could be
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wrong at all what they might be doing all is that they might have Sigma Six it's Six Sigma not Sigma Six but it's
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Six Sigma Sports it might be like a sub brand Under a larger umbrella so they might keep it Sports just for that but
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then they have like maybe something else where you want to tip where you wanna bet on or you want to bet on chain deaths yeah
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well we'll we'll covers die in the third quarter fourth quarter first quarter it
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will not in the yeah Ben Davis says kerberus is the Keith Riches of Cosmos
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mortality guessing that's one bet that we don't have to guess at oh my goodness so
15:28
culture Rich [ __ ] uh you know I love it the memes that's the um so between
15:36
Ben and The Fray like there's just [ __ ] so much culture floating around here there's a lot of culture playing around there is I want to introduce some
15:41
more culture last week I wanted to I realized I was quoting from the Graver book and I wanted to intersperse it with
15:47
some [ __ ] from the drill book but I forgot so I'm gonna I'm gonna miss your
15:52
[ __ ] opportunity bud you can't just yeah so uh it's I've flipped to a random page
16:00
it's in the category named let me just grip my [ __ ] pillow yeah
16:06
this tweet I don't know when it was sent I should have checked uh it says I
16:11
narrowed it down to the Church of Scientology and the United States Marines whichever one allows me to jerk
16:16
off more wins this tiebreaker that's the drill tweet of the week okay
16:23
so we've also had a comment uh from Lil Gaines in the YouTube chat saying Bros
16:30
welcome Lil Gaines I haven't seen you around in the chat rooms like the boy band Bros did you see that documentary
16:37
it was totally insane it was like a real life spinal tap
16:45
it's called Bros when the screaming stops I highly recommend watching it
16:51
going cold and you'll be like who are these people and how do they not realize how just badly it's amazing
16:58
anyway um yeah Rose what do you think about carbon credits um we talked about this for hours
17:04
earlier regen is bullish on this stuff on this [ __ ] actually why did I just censor myself I swear all the time what
17:11
do you mean is bullish about this stuff is that stuff like is that raise on
17:18
Tetra it's kind of like uh implied by the chain being about it that [ __ ]
17:24
yeah carbon credits what do we think I I mean it's heavily induced here in
17:32
the US it's use away from um in a lot of different Industries I think it has a limited lifespan
17:38
um so you know I guess as a it's the airdrop of uh
17:44
of it's the arrow airdrop of renewable energy meaning like it comes up with a way to be able to try to entice some
17:51
sort of change in Behavior but it's still basically clearly unknown if that's going to be
17:57
enough right so I think I think to discuss the benefit of like the carbon
18:02
credit [ __ ] you have to like understand where carbon credits come from and
18:08
carbon credits are like crypto they just made up [ __ ] so the my mate has a farm right A lot of my
18:16
mates have farms and basically like he was trying someone
18:21
like one of these carbon credit people were like trying to recruit his farm and
18:27
they come out and they like do an assessment on the farm and they're like
18:32
oh you're you're carbon in the ground or whatever is [ __ ] this right and then
18:38
they're like we can contract you we think you can produce this amount of carbon and you have to like contract the
18:44
amount of carbon then you can produce in a year right and then I don't know why [ __ ] the phrase like laughing so much
18:50
but then like if so this is this is so weird like if you can't if you're if
18:57
your property doesn't produce that amount of carbon and this is just these people coming around with their test tubes you don't know what the [ __ ]
19:02
they're doing but if you contract to a certain amount of carbon and then your property doesn't produce that amount of carbon you have to like buy the carbon
19:09
of some other prick to give it for your contract so it's really weird and um
19:17
of course like then you know you can get back in Australia like a few years ago they had
19:24
um a thing where you could like get carbon credits for like changing your [ __ ] light bulbs
19:29
to LEDs and then like sell them to the carbon credits people sure yep it's uh
19:35
you know it's it's not all heap of weird [ __ ] it's unreal isn't it yeah yeah I
19:40
suppose I said what is that the reference you're up I was wondering why you're just losing your [ __ ] over there I'm like you know
19:54
a little bit um
20:03
great regulation uh yeah so we're getting real questions in this episode I
20:09
really like it yeah so well the other thing is like so carbon credits are really really specifically
20:15
um like a stock Gap thing as well there's the whole thing of like how credible they are a lot or not
20:22
incredible there's also the thing of like how they're what they actually are doing because obviously a lot of
20:28
people do carbon offsetting well there's a carbon off settings all the different carbon credits but like carbon
20:33
offsetting and all that kind of stuff you know a lot of these kind of we can still
20:39
continue doing what we were doing but just throw some money at the problems solutions a lot of them tend to have
20:46
some hidden drawback
20:51
that doesn't address the underlying problem would be what I have gathered not being
20:59
an expert in the field but knowing people who do work in like actually know a lot more about that
21:05
space and they uniformly seem to say be very careful
21:11
um I will also say that there's obviously been some investigative journalism on the subject of
21:16
greenwashing in crypto and um green crypto and the conclusions from
21:22
that stuff were not particularly flattering for the industry as a whole
21:28
um I'm incredibly
21:33
you can't save the planet by getting rich there you go that's that's my there's the sound bite right if you're making money off trying
21:40
to save the planet it's probably not saving the planet you're probably actually making things worse that's like just because you you can't in life you
21:46
don't really have your cake and eat it right yeah man you can you can continue the circle jerk you can [ __ ] buy some
21:52
feel-good credits and like burn them yeah that's that's familiar it's just a
21:59
[ __ ] circle jerk um yeah yeah so and and I'm also like
22:04
really like I was very down on the these carbon neutral [ __ ] things for the
22:12
chains as well because half the chains have like people who are spread around the world
22:18
and then fly to a bunch of places and a lot of that stuff no 2023. some of that
22:23
stuff is now being like calculated into that offset but initially like some of
22:29
it wasn't and the methodology again like and it's also just like you just guess
22:36
yeah if you're a general purpose smart contract chain like do you know it's like is it the core team is it the
22:41
validator set is it uh you know uh projects that are kept going by Junior
22:48
grants or Dev grants or whatever because all of those projects arguably are generating carbon they wouldn't if they
22:54
weren't working in some way related to Juno and the Juno is where the money is coming from it's so that should be a
23:01
part of if you were if you were a shop right your nulls [ __ ] what what do
23:06
you buy now beer you're an off license right you're an off license owner no
23:11
um you've got your beer you've got your Castle main Forex or whatever it is
23:17
um I don't know what what's a what's a beer that's commonly drunk and you're a bit of Australia uh let's just well I'll tell you what's
23:25
not drunk [ __ ] Fosters well I mean I guess that but crownies um
23:30
on uh man crowns of [ __ ] I know that that's good yeah no you're right like
23:35
Forex Forex Golds and mid strength a lot of [ __ ] people drink it I don't know why okay therefore so you've got your 4X
23:42
right and you you a lot if you were if you're a credible
23:48
a credible offset for a a mid-sized organization like one bigger than this
23:55
is why the off license is instantly a bad choice I don't know why I use this analogy because it's so small but let's
24:00
say you have a chain of off licenses there you go okay now we're back in the business um you would wanna you would look at
24:06
your supply chain and you would be offsetting uh the stuff that is required
24:11
in your business as usual right to be credible um and you'll be encouraging your
24:16
suppliers to do the same like it's all part of that same um process because like fundamentally if
24:23
we just offset to where we are right now we're still [ __ ] because we actually need to go negative and we need to go negative by a pretty massive amount this
24:31
is why we're all [ __ ] in the grander scheme of things because we we're not we're clearly not doing that nobody's doing that governments aren't doing it
24:37
businesses aren't doing it so it's all kind of wanking isn't it really um I kind of think it's all a massive [ __ ] waste of time and don't bother
24:44
that's my honest brutal I just [ __ ] it's a nice idea
24:49
but like as soon as you take a step back and you go well it's even if it's credible it's dubious
24:55
um even if it's perfectly worked out the methodology is fantastic which is possible it's still like
25:01
you know it and it's not and the carbon credits is just such a tiny part of it like you
25:08
literally you're better off d-gening to the maximum like on on [ __ ] seal
25:15
clubbing coin right like like like you you get yield when seals does SCC give
25:22
me that coin get me Rich Lads then spend all your money lobbying the government
25:28
to put in meaningful restrictions on um say uh I don't know you basically
25:36
like the majority of flights are taken by a very small number of people as well as management Consultants will work for like [ __ ] McKinsey or whoever right
25:42
Lobby the government to give people a budget for airline travel like for personal business right most people take
25:49
like one to three flights a year Max right most people would not be affected if you gave people a budget of air miles
25:56
they would be like oh right well I go on holiday once a year and I go see my mates and uh I'm kind of cool and all
26:02
those [ __ ] management Consultants that fly across the world when they could just get on Zoom done right so that's what you should do
26:09
you should Club seals and then stop management Consultants from flying and that would do much more for the environment or just make it or just make
26:15
them pay more right like I've had I've had 20 years 120 000 plus miles on airlines like I there's no reason that
26:22
and all that's business business and business based and is there a reason for those every one of those trips absolutely not so what so like the more
26:30
you fly the more you pay like like you can see they've been a pretty good market for [ __ ] fake figures yeah
26:37
right and going back to this and going back to this idea isn't the whole idea originally of the cosmos in 100 reverse
26:45
of this like having a million chains of a million hundred validator sets and blah blah blah like like I understand
26:51
DPO like we understand obviously proven State versus proof of work but the idea of having a million chains that are all
26:56
independent that all have separate validator sets that means there's a hundred servers that are running obviously you know for each one of those
27:03
chains blah blah blah blah nobody was worried about it then so I'm assuming ICS and mesh can help with that but
27:09
still like even away from that the whole and everything should be a freaking contract on one chain like if you really
27:14
want to be certain like so it's a it's a tough yard it's a tough yardstick to then be like oh what are we doing about
27:19
carbon credits and the cosmos well the whole thing is built around the opposite look man at at a million [ __ ] chains
27:26
I would say that I love I love that that's always that always makes me at a million I would say even at that point
27:33
the a man of carbon being produced by the cosmos would still be [ __ ]
27:38
negligible like those servers are running anyway like you know assess your own operation
27:44
do the calculation find out how much carbon you're using go outside plant 40
27:49
trees and shoot the resting cows if you stop them use AWS because they are they are in Europe 100 renewable last time I
27:57
checked see I think I mean ovh is like green friendly as well so [ __ ] [ __ ]
28:03
your AWS shove it up your ass I mean don't don't use AWS in the bad Market you'll go broke
28:09
um if you're not already that we're at the going broke state so
28:16
anyway like getting off carbon credits that was a great conversation on [ __ ] carbon credits but um anyway so I don't
28:24
know how this wasn't like first up on the list uh and before I go to it uh The
28:30
Fray I've put a lot of [ __ ] effort into making my audio better today and I
28:36
haven't had one backpack yeah this sorry this the your audio is
28:42
very good you've met the standard of the rest of us you've met this congratulations
28:49
I want a [ __ ] cookie in a hand job and a glass of milk
28:54
anyway [Music]
29:02
tardy grades nfts raised is the point that hey guys what's your take in all
29:07
the name Services being launched in Cosmos and why would they relate effect Juno dens
29:14
oh Deanna yep yeah uh but also then uh immediately backed up with that it says
29:21
uh from Barnacle Rodeo but again
29:28
uh name service Thunderdome certainly seems like that on Twitter right now yeah gone chilling the [ __ ] out of uh
29:35
Stars stuff imagine that well yeah I mean
29:41
it makes sense doesn't it like the the if if if stargaze can catch that market
29:49
it makes a lot more sense within the context of them their roadmap right
29:55
where they want to go and if osmo captured that market it
30:00
makes stargaze his life pretty difficult and osmo get minor utility for all their
30:07
D5 [ __ ] so you can kind of see why they they would be
30:12
like [ __ ] slinging [ __ ] like crazy plus that the whole Kepler integration
30:19
piece is it is it a fair fight though like I don't know like only one of those two
30:24
has a giant Banner in my in my Kepler wallet out of nowhere
30:30
yeah but I think you know people um so the the did spec which is mad
30:39
um I think sport is in the chats both he knows very well um about the did spec
30:46
um and it kind of assumes that there are going to be multiple identity providers like
30:52
people will have multiple identities they will be related in a number of ways and different identity services will
30:59
use them in different ways but it just standardizes a format for what that document should look like
31:06
um I think the interesting thing that's happened with the name Services is they all seem
31:13
to have standardized around nfts in some way or another which is interesting and
31:18
makes total [ __ ] sense like that was the thing I guess in terms of being launched first that DNS Des did first to
31:27
say was that that was also an nft right is there any difference in that yeah and specifically it was an on-chain nft so
31:33
most nfts are data is on [ __ ] ipfs it was very specifically a cw721 with
31:39
on-chain metadata so um that was the argument with that one it was uh unfortunately
31:46
uh didn't get traction with all of the many Gatekeepers you need to actually
31:52
make that sort of general purpose but it's also kind of fine because the
31:57
Assumption of people who have thought about this a lot and people have been working on this stuff is that
32:03
there will be a lot of identity Services there will be a lot of name Services because of course that will right
32:10
um so Thunder doming it doesn't really make sense you just got to like build build the tool that makes sense for
32:17
where the users are and then use that one and naturally over time
32:24
some will find Niche and some won't um what I think this will I think it'll
32:30
actually be good because hopefully people will realize that any name service that's charging
32:36
you a bunch of [ __ ] cash and then getting you to renew it every year is a [ __ ] scam
32:42
um and you're not gonna [ __ ] mint Elon Musk and then have him come along
32:48
and give you a million dollars for it that's [ __ ] stupid and if you meant Nike you're obviously not going to like
32:55
just just the use of names of speculation is kind of dumb well that was the uh
33:02
that was the argument with icns versus some of the Stargate stuff was actually nice at least tried to tie it to another
33:08
authority of source although I wouldn't really consider Twitter the right well it might be the right one
33:14
right now but there should have a couple more than that available as well that's the whole point no it
33:20
doesn't no stargaze just one per address um but there's no there's no tie to
33:25
anything else you can mint you can mint whatever the hell name you want yeah but you can then attest the the your Twitter
33:31
account is your stargate's name okay I don't know that part of it yeah I think I think the biggest [ __ ] out
33:38
of all of this is [ __ ] people advertising in Kepler yeah that's [ __ ] yeah that is
33:43
[ __ ] I think we can all agree that that bit is [ __ ] that's a bit I mean and I don't actually I don't understand how this this works because if I if I I
33:51
did register my stargaze name because it was this first and as a validator it was in there and Jorge
33:56
and I were talking about it but don't can I get a DOT osmo on both chains
34:03
doesn't that work because at stargaze I do get like a DOT osmo and doesn't that also work in icns isn't the same kind of
34:09
like dot at the end and how the hell do I get to it I guess it depends on the integration right no just small so it's
34:15
gonna yeah but it depends on the integration like into what are you putting.osmo like
34:21
you know I've got a that's even worse someone has to implement it yeah so yeah it's kind of it's going to get
34:27
[ __ ] confusing so if I if I register one address on data if I have a name and I point it one at dot osmo on one chain
34:34
I point it dot osmo another then based on the source it might go to one address or the other I guess so right because
34:40
just because decentralization yeah it would be yeah I mean if you if you did
34:46
it to the Capital One then it would go to the right one if you did it to the other one because the other one yeah yeah yeah lots of times that's fun time
34:54
so it it's and that that that routing is not my decision that routing is based on whatever source is used
35:00
so this is why you know over time I think you're gonna see it get really funky and then you're gonna see people
35:06
go oh [ __ ] let's just see what is out there that you know semi-resource this
35:11
and it will be interesting like did is one of the ways that there is an attempt to standardize so you can just say Okay
35:17
point point it at a resolver pick one like like like choosing an RPC
35:23
right you choose an RPC you query it you get a result the RPC might be configured
35:28
differently the principle is kind of the same except the registry behind the RPC might be different as well so maybe more
35:35
think of it as like rpcs for different chains yeah so like instead of selecting a chain you'd select the resolver for a
35:41
did resource I guess like that yeah um then a source that might use that so if
35:49
I'm trying to register or if a source is looking at that DNS
35:55
name I'm guessing there's they might they might have primary and secondary so if I'm not
36:01
registered in icns but I am on stargaze then that might not work it's it's like
36:07
yes the other thing with did is although pretty much every field is optional yeah um for it to even
36:15
be vaguely useful you need to provide a co-located public key um so that makes it straight away like
36:23
better because you're just like okay well I have a pgp kit here or I have an ed
36:28
25519 or whatever you know yeah that's how I that's all that's how everybody refers to them
36:34
um that's how everybody refers to yeah yeah I know my mom said um
36:41
um whatever happened to um star names they're still around there's nobody I
36:46
don't I mean I have one of those too somewhere I I think it's a matter of of what services use it
36:53
where that was the whole vision of that right yeah well it just turns out just never
36:58
follows through I guess if you if you implement it as a smart contract you can iterate way [ __ ] quicker
37:03
but also like you kind of need like interchange um you know IBC functions to be able to
37:10
use it from a icq and everything yeah um yeah like we're really only getting to
37:17
the point now where you can actually use a name cross chain from a contract but
37:23
I mean just in time for the bear market and everything's fall apart but why the [ __ ] couldn't everyone just like come up
37:30
with a standard and just use it like I mean by what the w3c did that's what
37:35
dids are yeah but then not everyone was on board and [ __ ] other people were just trying to rug other people and but
37:43
turns out wallets really matter I mean honestly yeah as much as I'm not crazy about this icns thing I don't really
37:49
like the Twitter integration and and honestly I'm not really crazy about broadcasting out the relationship
37:54
between those two to specific wallets but that is true where now they have the advertising spot right how much the
38:01
cosmos uses Kepler over like Cosmo station and like basically you know the
38:07
move for me for example is I don't want to like linked to any of my actual wallets so so no one else can get the
38:13
game I get the name like I'm just gonna buy it and link it to a burner wallet yeah right and then never use it like
38:21
yeah like we have our stargaze of elevator like but but that which is fine that's only a stargazed validator wallet
38:26
but the the other ones like I see an S like to Twitter I don't know what what like validator walls we
38:32
have personal walls we have core wallets like uh I don't know
38:37
seems kind of I agree it seems it seems like I and
38:42
also your name for The Interchange like this branding is really like this is the chosen so tough for stargaze names to be
38:49
able to launch in this type situation when when uh now like this is this is a
38:54
little bit unfair Advantage because it kind of seems like the since it has Kepler integration there's a huge Banner in my wallet then therefore this is the
39:00
winner which is I don't know if that's what the community has decided but equally you know uh you know taking a
39:06
step back you know all of its own GMI anyway so that's always a good time why why worry
39:13
about it too much well I mean it's obviously not it's it's so rudimentary and I say that
39:22
as somebody who's written a [ __ ] name service like it's it's right it's it's we're all just inching these ideas
39:28
forward but like something that's actually Mass adoptable the usable is is a long way off and trip it's oh maybe
39:36
not maybe not a long way off we're not it's not that complicated but like you think about like how complex it was to
39:42
to get um you know sort of addressability working in context of the internet web
39:48
too right which for all the [ __ ] Bluster and [ __ ] cake and everything
39:54
no con has worked out yet for the interchain like IBC is the closest thing and we're
40:01
only just getting a query layer for it so you know TCP for blockchains that's the whole deal we're only just beginning
40:08
to sort of get there and we so much of the other peripheral support here is not standardized yet right
40:14
um so I think that you know that's the big picture is that like the protocols aren't really stable yet let alone the
40:20
uis let alone all this other stuff but it's all kind of driven mad by this sort of
40:25
the land rush element of crypto where it's just like we gotta get it out there
40:30
blah blah blah like yeah sometimes you can get an email address that's pretty [ __ ] great and maybe you can sell it
40:37
to somebody but 99 of the time you [ __ ] can't that's the point when we get to that
40:43
point then you'll be like ah yeah these because because that's the thing like you know
40:50
um when you think about something like did the spec is just going you know instead of like uh null at gmail.com
40:56
it's going like did colon null colon some identity sorry did
41:04
this Gmail colon null right it's just a universal
41:10
globally globally unique namespaced identifier it's the same as a [ __ ] email like because the w3c they know
41:18
about namespacing they know about global uniqueness it's not that hard to come up with a Strat for that you know but it's all the
41:25
other [ __ ] which we just you know we're a long way off on it so
41:33
um what's the gon what's the gaming notes official
41:40
on this name service thing doesn't matter YOLO yeah me I think yeah it's where
41:48
we're at I mean we're so we're actually writing um version two of name service at the moment
41:54
um to be rebuilt uh with dids and some other stuff um Sporty's actually been
42:00
doing some of the work on that um cool which has been been cool uh it's
42:06
me dragging my feet and being [ __ ] and tired um
42:15
um so so yeah that I I think it's still an interesting problem space but I would think that I used to work in IDF I think
42:22
that addressability is really important and really fun and whatever and I if I get to work on it I kind of just always
42:28
like chipping away as a problem but I I don't anticipate we're going to have things solved anytime soon
42:34
um so one point this sore theater said the 80s kind of force you to do a couple identifier from Identity which is
42:40
let me rephrase it did kind of enforce you to decouple identifier from Identity
42:45
which is true I also think that the the identity problem also exists
42:50
um so I don't want to take that away because the name service thing is useful but it's not identity
42:57
um but identity is another great problems to solve which I don't think this is what well that's uh is which is
43:04
really interesting that is honestly that if it's fascinating if we come back to like this idea like we've been talking
43:10
about like valuable use cases and all types of things that is the use case to solve that that use case that somehow
43:17
this technology and kind of share trust and decentralization that if that
43:23
problem could be solved in some sort of way or chip away at that problem I think that is the killer use case here yeah I
43:30
mean that's the one that I I kind of have to say where my heart is on on the problems that I'm really interested in addressability is always the one because
43:36
I spent too long working in rdf and like nature and I kind of like I like the idea of computers talking to computers
43:42
and just being able to navigate between that as a user like the the idea of rdf
43:47
and make data is a machine readable layer for the internet I think is just is one of the most powerful ideas that
43:54
never really happened that I've ever heard of in Computing and as a graph data freak I'm like wow that's cool
44:01
um I think there's a lot of room for remodeling the inch chain around graph or network model and thinking in
44:08
that way but we don't have a query layer yet and we don't have a protocol that's stable for doing that yet and I don't
44:15
think the cosmos SDK in its current form is going to make it so the question is where
44:21
what we're going to build on for the next version of these these protocols
44:26
um I would hitch my cart to something like CW SDK at the moment
44:33
um but it's obviously very crazy early days so I don't know um
44:40
yeah don't know is the answer but but it is but like like sports you said the
44:45
separation is important because then you can do things like Progressive privacy because you can create any number of
44:50
names from any number of wallets and you can do the attestations for the did and say oh it's this public key this
44:57
whatever and you can they're functionally separate things they're separate smart contracts
45:03
um yeah but having the two working concert where one is trusting the other to to say I am this document that's
45:10
where you can as a user sort of say well yeah okay I am actually going to reveal this is my did
45:17
um you could even do it with like I would assume you can do it with a zero knowledge proof where you can actually say you know this is my this is my did
45:24
and then um only review I knew you didn't use zero Dodge proof for that at all it's just a just a handshake isn't it you
45:31
could basically reveal reviewed the idea only in certain situations or whatever
45:36
um there's probably some really cool stuff I haven't even thought of around that but um yeah yeah
45:41
um we've had like quite a few questions in the chat so I'm gonna like pull some out I'm also aware that having
45:47
now looked at the one from way back one from way way way way way back that is uh
45:54
this one is soy tea Studio who would win in a fight Highlander or Don kryptonium Highlander yeah man [ __ ] well what
46:03
kind of fight like what kind of fights I don't know but uh but then like I think ride spikes
46:11
too yeah maybe I'm not giving her credit enough oh yeah he's like doing pull-ups and
46:16
push-ups every day so yeah okay um yeah like a fist fighter like a
46:24
intellectual battle or like what's the what kind of what kind of [ __ ] are we
46:30
talking anyway so uh going way back and this has nothing to do with what you were just talking about
46:35
um okay perfect but but it is relevant to like you know stuff we should be talking about on today's show uh unless
46:43
the comments are the comments related to the subject that we were just talking about I can go back to this well okay
46:48
okay should we just go finish going through a few comments uh yeah yeah do your comments please uh Rama said Ben
46:56
spoke or Balter as beer brands related to what you were talking about yeah
47:01
various other people said highlight the consensus in the chat seems to be Highlander on that last one
47:07
um oh I guess this is from the conversation earlier Sports he said is The Fray preaching effective altruism I
47:14
am not Sam bankman freed a factor of altruism is almost certainly a smoke screen for massive criminality in almost
47:19
every case but um I do know somebody who literally isn't an academic Economist and
47:26
does Research into whether or not effective altruism works and they work with some very very rich people and they
47:33
were like oh I once met a guy that worked in crypto and it turned out the sandbankment read that they told me this
47:38
at a wedding in the summer and I was like I was like who's sambergman free and they're like it's that really big FTX guy the effect of altruism guy I was
47:45
like yeah to be honest I don't really read crypto news and the next time I heard his name was when he was going to jail so um
47:51
uh Lil Gaines says hunger names love it I like it
47:59
um and also says Don proposed we rug the validator set and run 20 Max nodes on
48:05
each chain thud question mark that's not fun that's a brilliant idea it is um
48:11
does does don't expect to be one of those 20s I think he does pretty pretty sure
48:19
um here's how using Juno DNS for usernames uh sort of is the answer
48:24
that's a bit um there's a whole bunch of things going on with Hal launch that are largely boring
48:31
admin and the fact that if we launched it now it would be totally [ __ ] because everything's [ __ ]
48:37
um which is unfortunate um but yeah there will be more on that soon hopefully we're doing some stuff
48:44
behind the scenes um anyone heard of lava protocol Yes
48:50
actually um they're the RPC guys right did we get
48:59
we running nodes for them what do we know I feel like I've had some have we had some contact with them we have
49:06
yeah I think they are they are winning uh good point I saw some stuff related
49:12
to Juno the other day but I feel like we've talked about lava on the show before and maybe I thought lava's been
49:18
running for ages yeah because they're outside the cosmos aren't they but they're they're coming in right are they
49:25
sentimentals yeah I think they are like lava's been it's been done like a year
49:31
right at least I don't I don't think so because I think there's one I'm in there I
49:36
I don't think so could be wrong maybe I thought I actually I thought what I was waiting
49:42
for I have it in my in my waiting for testnet type structure but who knows that could be ridiculously outdated
49:48
I don't see a validator group within that Discord I remember having this conversation before 4 300 people on
49:55
their Discord so fair enough I think it's early
50:00
yeah so that might not be live yet uh Ben says names without privacy are
50:06
pointless yeah basically true uh shortly has been blackmailed for name service
50:12
names several times or extorted uh sorry about that schultzy
50:18
um hopefully joining us in a bit right because I think he's and both he says
50:23
something interesting which is validated did where there are verification methods check if validators run relays RPC nodes
50:28
Etc that's how we make validator ranking lists with what I think is a troll face
50:34
type Emoji at the end there just just stop trying to rank validators like that
50:39
[ __ ] bro and bro thing is so far off base it's not funny like wow
50:45
so you you've you've you've you want to talk about the bro and bro thing I can
50:50
feel it so no I want to talk about something else but you just keep [ __ ] yeah what are you going to read every
50:56
[ __ ] comment worth that good comments yeah anyway because otherwise you know we just
51:02
otherwise we're just waiting for your bro and program which apparently we have now arrived at it's where we are
51:08
especially no no man it's not a rant um so anyway no the other thing that's uh going on this week that is mildly
51:15
significant is uh Ben Davis brought it up uh the raw wind
51:22
drama so I don't know if you've seen this uh the throat seems like something you wouldn't come across but
51:30
um raw Dow has a I'm aware that there is a Twitter space occurring at the same
51:35
time game of nodes is on and yeah I was gonna go drop the shed I was gonna go drop the game of nodes Link in there and
51:41
just try and rug their [ __ ] people but anyway um so basically there is uh windau
51:50
um or or in conjunction with raw Dow I guess have put together a proposal in
51:56
raw down to migrate liquidity without having to
52:02
um for people to come and like liquidate their liquidity and kill all the prices of everything
52:09
and then migrate it over to Windows so they're they're you know proposing like a direct migration
52:16
um of all the raw pairs to make them equivalent wind Pairs and also to um
52:22
stop raw uh incentives and to
52:28
uh airdrop raw stakers so
52:33
um I guess it's just a way of of trying to like get the best value
52:39
um for all of those people who are providing liquidity and have been for a long time
52:44
um because I mean once everyone unbonds that stuff and dumps it all the rule goes to zero I mean if everyone unbonds
52:51
anyway there's not going to be liquidity pulls to sell against so um yeah I mean
52:57
any thoughts on on the migration or don't care or
53:02
I think drama is a strong word it seems like a a solid plan to try and
53:09
yeah it seems like a solid plan to me I mean let's get make the best of a bad situation you know
53:14
the the win tokens have no value at the moment and that's mostly airdrop anyways
53:20
so why not just you know cancel out all of the raw tokens and and create new win tokens in
53:27
the new platform and then go from there like it makes perfect sense to me
53:32
you're not rugging any of the communities like there is no there's no value to win you can't buy it so you're
53:38
not like destroying any value for anyone yet um and then you automatically you know
53:43
pick up liquidity in the platform straight out of the gate so it makes perfect sense to me that's a good idea
53:51
cool approved can we talk about something else let's go to the game of nodes rubber stamp I feel like
54:00
okay so the brown bro rankings are not a [ __ ] new thing they've been around for a long time people just have they
54:07
yeah yeah like they they the first ranking they did I think was on um it's like a grafana dashboard wasn't it just
54:14
said whether no no no no no no no no no they they came up with the scoring system
54:20
um I think it was osmo the first one it was like a year ago and and what did you
54:27
think it was no go ahead please so I think it was like a year ago or something like that is when they they
54:32
came up with the first one um the first iteration of this and it was just like a spreadsheet basically
54:39
like in um you know they had a table in uh I think I think it was just the table and
54:45
they somehow scored all of these these validators and not surprisingly theirs was ranked highly but
54:51
um you know I had a look at the current iteration yesterday because someone tweeted about it I looked at it I looked
54:57
at our um uh score on there and it was dismal I don't know how they are coming like
55:05
we've got three percent self-stake on on Juno and that was ranked lowly and then
55:11
they had like some other metric um which I didn't understand it's like confidence so I don't know what in the
55:17
[ __ ] this confidence is how do I get like a out of 20.48
55:25
confidence for having self-staked like 17 000 Jews it's just a percentage so
55:31
it's not yeah fully with you it should be a dollar value like if you're going to use that
55:37
right but yeah I would be very flattering that's just that's just percentage Yeah so like
55:44
if you're if you actually rank pretty low with a decent self stick it's a lot easier right like so
55:49
yeah yeah and then the the decentralization is based on you know your your ranking the thing and
55:57
you know it's just all these metrics that they've come up with and it's you know I don't know vote on the metrics if
56:02
you're going to do something like that but um anyway it all seemed pretty arbitrary to me yeah there's some there's some
56:09
decent models behind it and I understand the math that they're trying to do it I think I think yeah yeah I mean ultimately
56:18
it's [ __ ] impossible to do it based on some sort of structure of metric right so I I just don't yeah to be fair
56:26
I'm not [ __ ] on Brom bro I'm just saying that you know I don't
56:32
think that any kind of ranking system can be fair and equitable
56:37
because of the just sheer breadth of contribution you can make is not
56:44
capturable in some sort of ranking system and like when like it's not even like
56:52
you know that said we are trying to do that not ranking but score uh validators as the delegations
57:00
up there right and it's an extremely difficult task coming up with the criteria to be fair and Equitable to
57:06
capture everybody's contributions appropriately and it's subjective man
57:12
it's there's no other like you can't not everyone's going to be happy people feel like their contribution is going to be
57:19
more than what the score is given for it um and that's just you know people
57:25
are going to be like that no matter what like you can give people a big score and they might feel like they need more and
57:30
then you know because everyone looks out for for number one I
57:36
guess but just trying to like be fair across such a broad range of
57:43
contribution is pretty difficult task and to score it um equitably is a very difficult task so
57:50
I don't think you can pick it up with like three or four metrics on a ranking system and I don't think any rate
57:57
ranking system will work so yes maybe the problem is that we need a
58:04
ranking system at all and well no one asked for it we know but
58:09
the point is well but the point is it's a failure mode isn't it that's why a ranking system has has happened
58:15
and it's a failure mode and probably the fact that you can play
58:21
politics to get more delegations than uh technical competency is an indication
58:28
of what's actually going on here which is that gradually improve the stake validators have become representatives
58:36
of the community in some way shape or form which is what many people are included on this show uh
58:44
were talked about with prop 16 which is that it kind of looks like we're heading towards validator set is some kind of
58:51
uh elected pseudo-elected more elected
58:57
financially elected I don't know like like some sort of thing because a lot
59:02
you know especially from the people on the show as well uh I think we all have
59:08
at least one chain we have a significant Foundation delegation which is effectively being
59:13
um put into a position of voting Power by an unelected uh group of founders
59:21
so I mean it's one of those weird things where it's crossing a lot of different metaphors isn't it like it's crossing
59:27
the streams a bit where it's like well but is this actually a governance system or is it actually just an economic
59:33
system or is it actually just about the Chain's integrity and
59:38
you know once you take double you know we're talking last week about whether or not we even need double signing
59:43
penalties right once you take double signing out of the picture and you take down time out the picture
59:51
you don't really need technical competency anymore and that's like a
59:56
so if you take out the technical competency then it it then it's like oh okay it's probably fine that it is just
1:00:02
a political contest to be a validator right yeah um so but it kind of feels like we're in
1:00:10
a weird failure mode at the moment where the validator set is not so large that it's deliberately unmanageable for the
1:00:16
purposes of actually being decentralized but it's small enough that it's like a
1:00:22
popularity contest but with these weird other things thrown in like the economic element like the foundation element like
1:00:29
chilling yeah right and but you can still get that you can still double-sided and you can be down like Mo
1:00:35
right and so actually that episode shows that yeah
1:00:40
you need to not be a schmarc you need to actually be technically technically together enough to
1:00:46
stay up with the caveat that all of us could potentially make a mistake you know therefore the grace of MoGo eye
1:00:54
um but the but yeah I don't know I think maybe it's just it's just the immaturity
1:00:59
of the concept of proof of stake maybe yeah so here's an interesting comment
1:01:05
um the nothing show I shouldn't have to run a validator to participate in
1:01:11
governance so you don't need to um everybody can vote their own wallet and their vote overrides the validators
1:01:18
vote so everybody who is staked to anything is a governance participator all they have to
1:01:26
do is vote and just to reiterate that if your validator votes one way and you
1:01:31
vote a different way you're a vote overrides the validators vote and I think there's a public perception that
1:01:37
you're validated as votes for you and people don't understand that they can override it this is like my
1:01:44
problem with the cosmos governance is like I think that that idea and the way people are so concerned about how validators vote totally breaks the whole
1:01:51
governance structure like I I don't think that that nothing show that comment is not unique
1:01:58
and that is that's a real problem right like validators like this whole idea that
1:02:04
validators show vote non-voting shares especially if you have a a percentage of the ecosystem that doesn't know that
1:02:10
their vote counts or can vote even makes that situation worse so I I just think
1:02:16
it's just a broken model and and I think that the the underlying issue with that is I think the concern with people
1:02:23
saying that oh validator should vote that is that if they took that away
1:02:29
nothing nothing would pass because it would never pass quorum that that's the real
1:02:35
concern the real concern is that everybody voted their actual wallets nothing would pass yes that is the
1:02:41
software upgrades applied to governance that is an ugly that is an ugly [ __ ]
1:02:46
reality but if validators only voted their wallets and individuals like the
1:02:51
nothing show voted their wallets the the Quorum level would have to be extremely reduced and that is a bad look in the
1:02:59
cosmos that is the underlying thing of it but but then the thing is again it may be there are other proof of stake
1:03:06
systems where they don't require a governance vote for software upgrade and
1:03:12
once you take that out of the picture then lower Quorum doesn't seem like the
1:03:17
end of the world I think it's fine I never I don't think there's a problem with a quorum issue I think I think it's just a bad look like I think that's all
1:03:24
it is I think it says branding I don't think it's actual problem like like if people who care about it and want to vote then they should vote and
1:03:29
validators have some some carry big wallets and some don't have anything in here right so if they don't carry a vote
1:03:36
like that's my big issues you might have a top 10 value that has literally nothing at their own no personal tokens
1:03:43
no validator tokens but they might carry four percent of the vote
1:03:48
that that's not that's why why it doesn't make any sense nothing shows
1:03:54
says I did not understand that yeah I I think nothing's going out about their own nothing against this person like I
1:04:00
think that is I think that's I think that's a pretty large issue right yeah you are not alone there is a common
1:04:08
misconception that never really gets um clarified and just in relation to to the
1:04:14
um you know reaching Quorum so a lot of times uh during votes the uh usually
1:04:20
comes from like you know uh Founders or or like chain Bulls right
1:04:27
but I I see like um the the metric a lot of the total uh
1:04:34
vote percentage like though that will that will um say like oh like 80 80 87
1:04:42
Point whatever percent of the vote power was was voted in this uh
1:04:49
um you know proposal I I think that's disingenuous to to be saying [ __ ] like
1:04:55
that because that is 80 of the total VP is voted yes but more than likely by the
1:05:03
validators not individual wallets like if they're going to put statistics like that around they should be saying the
1:05:09
percentage of individual wallets that yeah well they should say yeah that's a coefficient [ __ ] then you could have
1:05:15
seventy percent forty percent fifty percent whatever VP be like 10 validators or less exactly yeah exactly
1:05:22
so so they should use the Matrix more like percent of wallets that voted but I mean a lot of those wallets probably
1:05:27
have [ __ ] 0.01 token you know what I mean yeah um so there's some other good comments
1:05:33
um in the chat related to this discussion so Barnacle Rodeo says flat staking distribution across
1:05:39
validators with true random block proposals so the flat staking distribution is a really interesting idea which
1:05:45
um you know going back to November 2021 which feels like a [ __ ] Ice Age
1:05:52
ago um I remember having a conversation with the other Frey
1:05:59
um about because in the context of T grade right which they've you know subsequently launched and doesn't have a
1:06:04
staking module it has its own system but about how you would do
1:06:10
um weighted and we've talked about on the show before as well and with Ethan when he was on about how you could sort
1:06:16
of like level off stake right um a very simple way is just to put in an anti-handler and say
1:06:22
validate a set number divided by 100 divided by value set number is the percentage if you're above that then
1:06:29
can't do any more uh intercept the the delegation uh transaction and say no we're not
1:06:35
going to accept that one um which I think is possibly what Ben Davis was alluding to there with
1:06:41
filtering makes more sense but um but yeah there are also people have done
1:06:46
some thinking onto on flat staking distribution and how you do that either programmatically or via other mechanisms
1:06:51
it's a quite interesting discussion but it's a bit it's it's a bit of a rabbit hole
1:06:57
um true random block proposers uh isn't the tenement proposer random
1:07:06
uh it's not no it's based on BP is based on VP of course because yeah because if
1:07:12
you have uh if you have more VP so on at least another Network that we or a
1:07:18
couple of us validate um it has a leader election it's distributed proof of stake but with a
1:07:23
leader election system like you commonly find in a large distributed system um and as a result uh you can predict
1:07:30
roughly how many proposals you'll make in a given period
1:07:35
of time but the proposer is the proposal is actually not random strictly I think it might be round robin actually
1:07:42
rather than random but um because I thought I thought you could actually predict who's who's going to be
1:07:47
something I can't predict I think it's round Robert isn't it because you can predict and yeah but there are other
1:07:52
chains like Hollow chain I believe also has a leader election system and is random yeah um in order to
1:08:00
do random election you have to do some different things to Tender mint but there are a lot of merits potentially
1:08:07
for doing that in exchange for the complexity you get in other areas
1:08:13
um and I personally am a fan of introducing more randomness of that side
1:08:18
of things like a larger vowel set with random election of leader
1:08:24
uh yeah why sorry why are you saying there's advantage to having random elections of leader
1:08:30
because I have to have 10 of VP I don't give a [ __ ] you still don't you still make the same
1:08:36
yeah because well you would still make the same I mean from a from a commission reward
1:08:42
perspective it doesn't matter yeah but in terms of like blocks minted it does
1:08:48
have a VP perspective but it doesn't it doesn't matter how many blocks you sign yeah so but
1:08:53
like what I what's wrong with one validator proposing more blogs
1:09:00
just because that's like [ __ ] centralization like there's literally how I mean obviously
1:09:06
like the way around like everyone has to agree it doesn't matter the distribution isn't even in Randomness I am aware of
1:09:12
how Randomness works as well like um are you um the drunkards walk um is a very good
1:09:19
book on Randomness if you want to um very very interesting book um there's a great anecdote in about how
1:09:26
this um this guy who's like a professor um corrected like the teenage child's
1:09:33
um maths report on this this particular problem and then their Mass teacher is
1:09:38
like that's wrong that's not how Randomness works and then they had to go along on parents evening and be like I'm a researcher in Randomness
1:09:45
um so it sounds intuitive but you're fine and they're like I've got a math degree
1:09:50
and they're like I know but you probably haven't studied Randomness in this particular sub context and it was
1:09:56
something like that anyways it was a funny story um uh so somebody else said Barnacle radio
1:10:02
again said no abstain votes um yeah I'm sure that helps I don't know if it helps about I mean a validator of
1:10:09
both abstain they it's their their VP just comes out of the of the voting poll right
1:10:16
yeah so we we voted abstain on the most recent um prop on Juno because
1:10:22
I just just don't really think it needs it a prop to be honest and I think our
1:10:28
delegators should vote if they have a pro a feeling on it but I don't really give a [ __ ] about it just then shouldn't
1:10:35
is that gonna be the big kind of one yeah it's already like implemented right it's
1:10:40
just advertising yeah it's marketing you know right and I was
1:10:46
just like okay [ __ ] abstain like it's not quite it's not quite a Spam prop because they've built something in Fair
1:10:52
Game to them I'm just like why are you asking me like delegates convert on that one yeah like like the funny thing is is
1:10:59
if they say if people say they don't want it then we're gonna like remove it yeah like if they're votes know what
1:11:05
happens they're not gonna like back it out right [Music] um
1:11:10
oh I saw that so in the chat um usurper had asked planning 2023 guests Henry
1:11:17
from penumbra we we talked to Henry and he was supposed to be on and then we screwed up the days we should try again
1:11:23
not gonna be able to sort it again um and he's pretty we're pretty bad at organizing he's pretty busy and we're
1:11:29
pretty hard I wasn't at us actually I don't think well the funny thing is is that we're just like steadfast in our
1:11:35
time slot and a lot of people say oh can we do it now we're like nah [ __ ] you yeah this is really our it's really hour
1:11:41
we're all awake so yeah it's like it's like uh what is it um code hands is like can we do this
1:11:48
today can we do it this time like we can do any time as long as it's 2100 UTC on
1:11:54
Wednesday on Wednesday that's how it works that's how the game works like my parents would be like oh we need your
1:12:00
help your your grandmother's dying you need to go to the hospital I'm like when do you need me to take her to the
1:12:06
hospital and they're like 2100 UTC on Wednesday I'm like she ain't gonna make it
1:12:13
she ain't gonna look I I haven't missed a single podcast and my life is [ __ ]
1:12:18
okay that's why I'm like always from a different location well we had Sonny I wasn't up my [ __ ] when Sonny was out a
1:12:25
few weeks ago that he was in Australia right and we were trying to coordinate with him and like it's really early Australia time can we move it back we're
1:12:31
like no we're like no yeah I'm like you've got an already drinking
1:12:38
beer on the ground exactly no we've proven that somebody else can do it 42 times
1:12:45
again another comment that I feel we should just bring up because I've it's been addressed in the chat but for those
1:12:52
on the podcast player alien said uh is it possible to overpower votes for valid
1:12:57
later from its delegators the the answer is is yes just to be clear
1:13:02
um for validator votes one way and you as a delegate to a very different way and all the delegators do the validator
1:13:09
the the net number of votes uh will be more well it's it's just one-to-one like
1:13:14
delegates vote right they were just they would in that sense they would just vote their own wallet
1:13:20
the only way the validator the the yeah so that even thinking about the block of
1:13:26
votes that the validator has as soon as people start to vote their own wallet thinking about that as one homogeneous
1:13:32
block doesn't really make sense anymore because the only vote within that the validated controllers is their own self-stake
1:13:38
yeah I think that's that's another piece I think people get concerned about how validators vote but realistically
1:13:45
in a functioning ecosystem that would be that has a high amount of participation
1:13:50
then you would the validator should be reduced of only voting your own shares because every one of their delegators
1:13:55
are also voting so it's extremely important for anybody who stakes in any of these change to be able to watch and
1:14:02
be able to participate in governance regardless of who you delegate to it doesn't matter your votes still count
1:14:09
because what if you don't vote and you vote and you let your delegator vote your validator vote they get big heads
1:14:15
and they get all preachy on [ __ ] Twitter and [ __ ] and then they feel like they're righteous and all this type of stuff because they're guiding the chain
1:14:21
but that guidance is just because of a a system that's created that doesn't
1:14:26
necessarily it wasn't meant to be that way it meant to be that they're picking up the spare from the delegators
1:14:31
actually voting so be be forceful and vote your shares please
1:14:37
I think uh you know definitely like vote your shares but also like spread the
1:14:43
word that you can actually do that because yeah seriously it's kind of annoying like when people like leave you
1:14:48
as a delegator because of your vote and they're like oh I don't want to vote that way and I'm like we'll just [ __ ] vote like you don't have to like you know of
1:14:56
of being good to you this far and you don't like one thing I do and you [ __ ] off like have you reviewed all of the
1:15:02
past votes of the person that you're like redelegating to to make sure they've had your back this whole time
1:15:07
like just vote your wallet man I remember seeing on Twitter at some
1:15:13
point in the last couple of months I can't remember which validator it was but somebody was like I've my valid is supposed in some way I don't like I I
1:15:20
hate this and then right they were like there was like two validators that
1:15:26
responded being like well you should re re-delegate to us because I think don't think this was on um yeah they're like
1:15:32
oh you know you should Delegate for us then because our voting record's great one of them had only done like 22 out of
1:15:39
45 proposals or whatever you don't even [ __ ] vote lack of [ __ ] Vision right that's not the vision of how this
1:15:45
works your vision your vision is to miss the gov fight like you know so so don't
1:15:50
forget also that you're a validator votes on all the [ __ ] boring [ __ ] votes that no one wants to like vote on
1:15:56
like you know the 120th goddamn kajira [ __ ] vote in like three months
1:16:01
so also I don't see I don't see any uh I don't see anyone banging their drum on Twitter about you
1:16:07
know how they're enjoying doing 120 votes in three months yeah the other thing that's really
1:16:13
annoying is the the metric is not hot what you vote it is if you vote
1:16:20
that is who gives a [ __ ] like that is the least important piece out of that it's how you vote on these proposals and
1:16:27
your viewpoint on it if if you're going to go that route but like even on this bro and bro thing like yeah I'm sure
1:16:33
there's both both sides of the argument side but they're just chicken if if you check the box literally you could script
1:16:38
that right like it's it's not impossible to be able to do that so uh the idea that just because we're 100 voting on
1:16:44
some way like that it's just a it's just a bad governance system it just doesn't work
1:16:50
so cause less harm says uh you don't get these viewership numbers by having a podcast at different times
1:16:59
that's [ __ ] awesome if we were to uh push our time slot
1:17:07
forward like make me get up at [ __ ] 3 A.M once a week then I'm sure I'm almost
1:17:12
positive that we could pick up at least an extra two viewers
1:17:17
you know actually we're going we've been going pretty hard the last couple of weeks our usual uh live stream
1:17:24
viewership is four or five sometimes six the last two weeks we've been doing like
1:17:30
eight or nine ten plus I can help viewers almost making this worth it's
1:17:37
been a long time since that number in the corner was like 2.5 k isn't it yeah
1:17:42
we are we are getting some uh viewership like the winner we were once like when
1:17:48
we had uh the Chads on here we were like up in the Hondos right like back when we first started
1:18:07
yeah the funny thing is you can like barely read it and people like just put the percentage on the screen
1:18:15
um we've had quite a few more comments as well on that um which is yeah code hands more of the
1:18:23
original Fray yeah uh Josh from Kepler that's a really good example yeah
1:18:32
um some of them you've had before but good people are still good that's a positive comment we like that
1:18:37
um fun story about Josh I once uh the first in-person Cosmos thing I went to I
1:18:43
went up to the bar and I stood next to Josh and I got a drink it's free drinks hey
1:18:49
um and then I was there and I looked around and I couldn't see anybody that I knew and I was like oh where have they
1:18:55
gone okay oh well I should probably talk to the some of these guys next to me and so I was like to Josh Lee like uh hey
1:19:04
who are you what do you what do you work on and they're like hi I'm Josh I'm osmosis and Kepler and I
1:19:11
was like ah those are cool I've used those uh what do you what do you do there he's like I'm like the
1:19:20
um like the and I was just like oh I know what you do there
1:19:25
oh so you run the [ __ ] show oh so you're right oh it's just like ah I
1:19:31
really should do my research this is this goes to show you like so now if you ever watch an interview on gamer nodes and I actually couldn't address
1:19:37
questions to a person you know I've done my research because in real life I am unscripted and a complete [ __ ]
1:19:44
um we've also caused us harm said ekes and Noah from daud out we could almost
1:19:49
certainly get those guys on they're good um yeah uh is there a project called
1:19:54
ammonia um no that's where you get the end of the harbor process um but oh sure she said a Noma yes
1:20:01
you're you're in there aren't you sure see you're doing you're doing a Noma in the murder uh I should I haven't spun it
1:20:08
up yet so yes and no groov Nevada is that what it's called No No Matter
1:20:13
something else Nevada is the test name for anima oh okay fair enough gotcha very very
1:20:23
exciting um Ben Davis says just hold a chain and the live stream revised
1:20:30
we could just do that we could just launch a blockchain on game of nodes it would be pretty straightforward at this
1:20:36
point done so many test net launches I could probably we could probably make it we won't be able to [ __ ] kill it
1:20:42
we'll be trying to like bury the thing in the oil [ __ ] I got you back bro you can't kill gaming loads Jade hey look uh
1:20:49
people who go people who've seen episode one which was back in like February or something they all know that at the time
1:20:56
I was going hard that we should launch a meme chain called dojo so uh and that's why the logo for game
1:21:04
of nodes is the Doge with the [ __ ] sunglasses not completely off the table
1:21:09
so hey look we'd launched dojan wasm back
1:21:15
in back in March would be millionaires not I mean like surprising thing is that
1:21:20
Chihuahua was like oh my god I've never heard such a good idea in my life
1:21:28
they were like yeah but Doge wazen would be tea wasn't
1:21:33
right dojen wasm dozenwasm would be tiwasm well you just
1:21:42
I mean back in March who would have been ex-wasm wouldn't it huh yeah yeah
1:21:49
well I'm saying I'm saying now I'm saying like now oh now if you did you
1:21:55
would have to like next level it now yeah I guess I guess so I guess so uh um
1:22:02
but um before we go because we're almost done right uh well
1:22:09
I was going to ask what there was one more question that came up in the chat earlier which I was going to go back to which was I think soy Studio said oh the
1:22:15
reason that they asked the question about who would win on Highlander versus Don kryptonium was they'd witnessed
1:22:21
Noel's performance earlier in the week on a Twitter spaces I've made like a uh terrible life
1:22:30
decision to like drop into um Twitter spaces occasionally and it
1:22:35
seems that uh when I drop into them people notice that I dropped into them and then immediately start [ __ ] on
1:22:41
me so the other day I was being shat on and so they invited
1:22:48
me up to speak and I was just like you know providing some clarity of points so
1:22:54
that people could make their own decision whether I was a bad guy or not uh and then like you know some stuff
1:23:00
came up about uh Highlander that was untrue as well so I
1:23:06
just sort of defended on her a little bit Yeah well I mean yelling at me about
1:23:11
him so I just said well
1:23:19
they were calling Highlander a white labeler but he isn't so who gives a
1:23:25
shame yeah who is complaining about the white
1:23:31
labeling that means you really want to get into this no I do no don't give a [ __ ] yeah
1:23:38
yeah but I don't I don't really want to just like [ __ ] on people so Dan runs a note through somebody else I don't
1:23:44
understand what the [ __ ] argument isn't he does white label yeah
1:23:50
all right no Don has a partnership oh is that the difference is it a partnership that's how you label it
1:23:56
so all the way down baby so a definition a definition that I've seen
1:24:03
um you know sort of indicating as to whether or not you're running a white label
1:24:08
if like people are on teams right so you know if one of them is an influencer and
1:24:14
another one's runs the [ __ ] nodes then that's technically a team I think it becomes like the gray area or maybe
1:24:21
the Murray node when when the well no when when one of the team is also running other nodes then you're not a
1:24:27
team you're white labeling and you're splitting Revenue so I I don't know what
1:24:33
the uh exact situation is with with Don's um stuff so I can't really
1:24:38
like make an informed comment about it um but you know when Highlander
1:24:46
um and [ __ ] I have no idea how to say his name for fake or whatever um yeah I
1:24:53
know but I still don't know I can just see the numbers and [ __ ] in my head and I'm like I don't know how to say that but when they when they teamed
1:25:00
up right it was uh uh you know they were both running their own nodes so I guess like for a while there I guess they were
1:25:06
sibling at some point and probably I don't know if they still have like multiple nodes but they were trying to
1:25:11
Rebrand both of their nodes into the same situation and but they formed the team like they don't they're not running
1:25:18
two separate Brands if you know what I mean so far as I know anyway yeah again I think if you're running those and you
1:25:24
don't have the mnemonic you're a white label that's all there is to it like you're just you're just running infrastructure so therefore you're away label if you can't if you can't vote and
1:25:30
you don't have a mnemonic you're a white label doesn't matter right so well I mean like if say I might employ people
1:25:36
right I hold the mnemonic I'm not going to hand it over to all of mine but that's under your that's under your
1:25:42
brand if if you if they were running under their like if they were running nodes for you and
1:25:50
you held the mnemonic but they're 100 the infrastructure and they have known them then they hit they don't carry it then yeah then that's a white label that
1:25:56
means they're white labeling your your notes but that's not what's happening here they're just employees that's different yeah right all right before we go
1:26:03
employees [ __ ] it's just me and Joe all right before we go it is the
1:26:08
holidays for my mates 43 episodes in I did want to get you
1:26:14
something for the holidays but you're across the world I can't get
1:26:19
these types of things so I did get you something for the holidays which I want to give to you now
1:26:26
you're all unmute which is not a good sign can you unmute like what the hell why are you gonna make me do this by myself hey man thank you there we go all
1:26:31
right have you read the words to Oh God you I had to think I had to think about like
1:26:37
what could I give you since like it has to be digital in some sort of sense because we're all spread out and everything else and maybe this year we'll see each other
1:26:43
so I was first surprised that bigballsblockchain.com was not registered
1:26:49
[Laughter]
1:26:54
so I didn't mean I did set up a little bit of a redirect so null names the the dash Frey and
1:27:02
Schulte at Big Balls blockchain does come to your email so you can feel free to give that out to Partners and your
1:27:10
attorneys and your CPAs and other loved ones to say no names at bigballs blockchain.com will come to you
1:27:18
and bigballsblockchain.com right now it goes to game of notes nulla can go to King nodes if you want it you're welcome
1:27:25
it is beautiful so I I appreciate the three of you I hope I hope you guys use
1:27:31
these don't use them for anything sensitive because they're going through like some weird like public bouncer so
1:27:36
they just bounce like your info whatever so don't like you know whatever you look at one email right but please give them
1:27:42
to your family and loved ones Mom I have a new email
1:27:47
it's no man's at bigballsblockchain.com that is classic man so thank you you can
1:27:55
try you're welcome you're welcome I thought hard around what we could do with these big
1:28:00
balls but there you go it's been it's been a good year of 42 episodes I really appreciate that the
1:28:07
time and the growth of this 10 person podcast yeah shout outs uh
1:28:15
we could do big balls we can we could come up we own the domain we know where the [ __ ] we are with that domain you
1:28:21
know the funny thing is 33 episodes we should do we've been we
1:28:27
just in the spreadsheet right there's an extra call no we don't talk about where we have the game of notes merch quarter
1:28:34
right we should we should do a piece of game of nodes merch next year maybe we should
1:28:41
do a Twitter poll is that what people do for engagement they do a Twitter poll because we've got we've got three
1:28:47
t-shirt ideas currently yeah so there may be more we have dropping nines
1:28:54
we have fungible as [ __ ] those are all good on this t-shirt by
1:28:59
the way uh we have w-a-g-t-j which stands for we are all
1:29:05
going to jail that was craft 16. that's like back that's a long time that's that's an old
1:29:11
one yeah so we should maybe put up like a Twitter poll on
1:29:17
we can make it because if we make it before you guys all go to East Denver
1:29:23
and give me fomo then you can all like send me a group picture if you're wearing it and then I'll be like ah I'm
1:29:30
covered in sick do you know what I think uh maybe we
1:29:36
should like mint 10 of those and give them to like our our 10 viewers that maybe we should get it back maybe we
1:29:43
should get back through the the episodes and see like who has been in the chats for like you know the over the 43 like
1:29:52
who is the most highest frequency viewer and maybe pick five of them mint five shirts and send them to the viewers I do
1:30:00
it I like it and we've been working on some like uh some some branding pictures and things
1:30:05
like that I think we could nft those come up with 10 or 15 or something and give them out to some and give them out
1:30:10
then put them on stargaze [Music]