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seriously let's get this goddamn year over right now
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[Music]
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hello and welcome to the game of nodes a weekly podcast on the cosmos from independent validator teams uh was
0:29
chuckling a bit too hard to actually press the button there but uh don't worry null had been doing that
0:35
thing for those of you listening at home the little thing of guns little finger guns yeah
0:42
I've been doing that for a good 30 seconds it fits imploring us to go live before we actually put him out of his
0:48
misery uh welcome to the the 2020 uh what we're calling the wag me special is
0:56
that how you pronounce it wag me 2022. my
1:05
wag my okay it's the wagmire special um we're gonna be talking about some of
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the best and worst of 2022 and uh yeah also I guess we should
1:20
probably do some Segways into this is actually not in the spreadsheet guys I appreciate it I've dropped the
1:26
ball on this but we should have maybe put in something about like music or Australian cult films shouldn't we of
1:32
2022 because that says that's been as as much a topic for discussion really as as any of the cosmo stuff it's kind of a
1:39
slam dunk though isn't it it's kind of it I mean there's one clear winner isn't
1:44
that really across the board you know um you know uh I I guess I would throw
1:51
out there that especially the the slide down in the Autumn has been soundtracked
1:56
by the new Russian circles album gnosis which I'd recommend if we're doing sort
2:01
of riffs and whatnot to recommend if we're not doing Australian cult films uh the
2:08
the uh the lead track on that conduit was described by the uh the guitarist as a real barn burner which I see must be a
2:15
Massachusetts where's Salem is that Massachusetts yeah yep yep I think that's where it was
2:22
recorded uh so I assume that must be a Massachusetts thing is that the source of that of that term
2:28
she'll say Dino I don't think so right wait that's an expression a barn burner yeah barn burner is an expression I
2:34
never heard that before in my life I thought that was off the cuff I thought that was off the cuff I was like that means like it's hot like it's a real
2:40
barn burner it's like it's something that's you know like as Noel would say
2:46
that's how much that's how much sense that word makes is that multiple people
2:51
have come up with it off the cuff the barn burner for people to say the podcast you can't really you're missing
2:56
out and appreciating no memes with his shaft glasses on at a park with like I'm sure families rolling
3:03
by going why is that man making finger gun pointing at this laptop in the
3:08
middle of nowhere yeah actually at hindsight it's a lot funnier knowing that dollars in a public park podcast
3:17
I I actually I keep looking over to these people over here that were talking about earlier who are like battling the
3:24
intrusive thoughts I'm just wondering if I'm gonna have to like race over there and [ __ ] stop them from going
3:30
okay okay well let us know how that goes right you run over there and find out
3:35
one of them's Rama I see he's not in the chat so I I sent a message you've got a lot to
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live for Rama um anyway yeah it was but I can't believe Barn burn is
3:49
an actual expression that's blowing my mind I love it I've never heard it really yeah I'll have to all right we'll
3:56
have to get some research on there wait wait like without doxing too much you suffer you are East Coast that my
4:02
geography is Right correct yeah so maybe it's an East Coast thing because Schultz you are West Coast and that's unmistaken
4:09
you are correct I guess barn burner is in fact a phrase It's a phrase I may
4:15
have heard it but did you just look it up I did just look it up we'll get some we'll get some links in there we'll get
4:21
some we'll get some definitions up here in the chat so um anyway before we before we move on to our
4:27
award show we should probably do the drill tweet of the week shouldn't we actually while we're doing well we're doing random ship [ __ ] talking
4:34
um so I'm gonna pick the first one that my finger lights on in this quite large book
4:40
um okay unfortunately like I said we don't have the time stamps on this we should make
4:46
maybe make it a bit more funny because you could go look it up um the one that my finger came to rest on is in the
4:52
muscles and fitness section of the book and it says wind at drill
4:58
I finally worked up enough courage to cry in front of the pregnant woman who frequents my gym
5:06
what the hell's heavy that's the drill tweet of the week ladies and gents uh
5:13
foreign half of the cosmos Twitter we see isn't
5:21
it um it does feel kind of appropriate given the state of Twitter right now
5:27
yeah what what because I I've been I've actually been AFK like fully AFK for the
5:33
last three what day is it uh 27th 20th 28th [ __ ] I've been AFK but
5:40
so basically the the whole holidays has been something something Cosmic
5:46
validated got a grant something something Don's [ __ ] butt hurt
5:51
was that the was that the one the that was the Oz that they are that was the atom prop right last week the week
5:58
before a couple of weeks ago something like that uh last week that you mean Cosmic validators yeah they did like a
6:04
few videos yeah whatever yeah where we were all kind of like yeah it
6:10
ends isn't that much money is it really the end of the world was that that's the one isn't it yes okay yeah so passed
6:15
right and then everybody yeah now they're all coming up yeah fair enough and oh it was close though was it 30
6:23
million versus 31 million no versus yeah so I I think steak fish came in like
6:28
right towards the end and voted yes and now everyone's like calling them corrupt right right but but over there like
6:35
you're corrupt you paid five thousand dollars to people for doing work how
6:40
dare you uh it's [ __ ] I mean maybe less than five thousand dollars now I don't know
6:45
what's again what's the market doing I don't know probably nothing good I
6:51
haven't I kind of stopped looking at the price of anything after Juno went below two bucks I'm like well
6:56
always always lost
7:01
yeah if Gino goes below a dollar then then the real Hunger Games begin let's get in
7:09
there [ __ ] 15. I think we're we're at 1.20 at the moment aren't we I shouldn't be I shouldn't be laughing at that but
7:14
uh 115. oh we are losing money on that one then very good cause less harm says let's not
7:22
look and I'm not going to that's right that is some fantastic advice except you
7:27
surprised just told us
7:33
um but hey you know you you could look at this as a half glass half empty thing and say well
7:38
you know next week is going to be a fine week in working out how to run a bunch
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of validators and highly fought tolerant way while spending almost no money that's a challenge I like it yeah you
7:51
can we can do that and then the week after is going to be a job in filling out CVS for McDonald's so
7:59
yeah we'll get experience in standing in the line for food stamps
8:05
I mean like generally I guess I guess joking aside I think there's a lot of us going on at the moment okay like is it
8:13
time to go back to the day job but uh yeah
8:18
I I missed out I wanted to show you the traffic jam that just happened in front of me at this [ __ ] road is ridiculous
8:28
Road in the middle of nowhere right they're just like no it's like just a like a hoop off to the side of the road
8:34
it's like a little bit uh yeah like like a scenic drive by
8:40
it's like a pull-off with a park in the middle of it a pull-off a lay-by
8:45
e it's just a rest area rest area yeah that's what you call it I could like
8:51
pull it up on Google Maps no body cares yeah if you pull it up on
8:56
Google Maps then we can warm up the orbital laser uh to pull off to pull off is that what
9:01
it is hey so you know we we chat all over ICS back in the day
9:06
and now in a bear Market well I should know but I don't know has has any test
9:12
net launched really recently because it feels like if there was one that had launched really recently there would
9:17
still be shitloads of validators going oh yeah there have been a few yeah for sure I'm sure there are sure there's
9:24
there's no there's no shortage of people on a run note I think regardless even regardless of price because I think
9:30
especially especially for people who are newer to the ecosystem because they they haven't been beaten down or they don't have the cost paddling up yet so when
9:37
you do when you're saying well I'm gonna invest a couple thousand to be able to run a validator for a few years to to be able to take a bet on a chain that
9:43
sounds great um when you've been doing that for a couple years and you have a bunch of those bets out that are all losing then that sounds different so I think maybe
9:50
that's maybe that's healthy and natural and maybe that's just part of the it's like a I don't know what you call
9:55
that but that's a it's a reverse validator Ponzi
10:01
last sucker last sucker Paradox is that what it is yeah something like that
10:06
that's like a scam is that the name of the scam something like that yeah it does seem like even in this market that
10:12
the ICS Theory hasn't been validated then which is notable bloody hell no why is Australia
10:19
so beautiful I think there's people surfing down there maybe that's what people are like coming to look at
10:26
so for those of you listening on podcast players null has now stood up walked to
10:31
the edge of presumably a small Bluff or something and is holding up the laptop to his face to show the beautiful Vista
10:40
oh he's standing on the other side of the lay-by okay yeah um and presumably anybody in the area thinks that he is a
10:47
full nut case at this point right um I don't see anybody in the back of
10:53
shot though so maybe he is getting away away with this um so it was just just a quick moment
10:58
when all the people battling their [ __ ] intrusive thoughts have [ __ ] off or jumped off they're no longer here suddenly they're
11:06
all the other validators of God you mean
11:11
um but but you know the the other side of this is like you know there's an element by which
11:17
obviously if you're doing something where you're not really making any money um for a period of time you've got to go
11:22
you've got to go and do something that makes the business money right that's like that is I'm not a business Expert
11:28
but I believe that's how business works right but the flip side of that is you know maybe you know a lot of these
11:35
chains will come back around again in the future and there is a kind of there is a question I suppose especially
11:42
with despondency in this Camp over here uh where you're like well you know we
11:49
made no money for eight nine months before the change that we currently work on were launched
11:54
then we made money for a little while now we're not making any money again you know
12:00
yeah it comes and it goes so maybe a lot of it is actually the psychology of being in that bull run that still
12:06
everybody is and maybe I'm speaking more for myself here in our position but
12:11
maybe still not fully adjusted to that reality of like either the highest being so high and the lows being quite so low
12:18
which is exacerbated in Cosmos where you've got all these app chains Maybe as opposed to you know you know ether is
12:26
still going to be what's the current price of eth I mean I'd be surprised if it's below eight nine hundred dollars right 1200 bucks right okay so it's
12:33
still it's still substantially higher than it was there's just so much money in it it's difficult to I mean you can
12:39
still move you can still build obviously a lot but same thing with Bitcoin like there's just so much cash in it that that even it takes a long time to get
12:46
down to under a dollar right it takes a lot yeah a lot of events kind of similar to what what the atom does right now
12:53
like the atom's still at nine dollars and 21 cents but is it like is there anything there that
12:58
that's more utility or has a bigger future than anything else that these other chains I mean
13:05
I guess people are people are buying into the ecosystem with that as the Gateway so it's like kind of a clearing
13:10
house but yeah the the interesting thing will be when volume on osmosis goes up right when some of the some of the the
13:18
Sexes that have listed atom also list osmosis right whether atom still retains its price or
13:25
whether osmosis goes up because I guess like the tokenomics of each are pretty different as well so I don't know I'd
13:31
have to go and like look at the oh this this feels like we're drifting into null's territory but the question of whether uh Osmos seratin would be valued
13:38
higher in that scenario is quite an interesting one but I just I don't know
13:43
really much because we don't validate osmosis about the token cap or any of the inflation to economics of Osmosis
13:49
but I gather it's quite different from Cosmos so that probably has quite significant bearing on it
13:55
uh osmosis has a third and in concert every year whereas uh Adam just has a a
14:00
base inflation rate So Adam theoretically goes to Infinity but osmosis does not as it's a very
14:07
small sound bite of their tokonomics differences right so you would expect osmosis to rapidly become more valuable
14:12
than that in that scenario if if scarcity drives a bit of that value yes well I've discuss the drive
14:19
value which which I guess it doesn't always that's that's a I guess that's a base assumption I'm making yeah there has to be something there right to begin
14:25
with are you making the Assumption if they both have a value and utility to it then you could you could make the case of the scarcity
14:30
is going to push a higher price yeah the other thing weird about the validator business is like it's pretty natural to
14:36
you know if you're in a startup or something somewhere that you're you're making large Investments and because
14:41
you're in somewhat control of your own future or you're a part of a team that's a part of that teacher or whatever else validated business you're you're really
14:47
making Investments that are 100 the success on usually things that you do to
14:53
have zero control over so team success the quality of that team the stability of that team the quality of release the
15:00
security issues marketing amount of growth like those types of things you're as a validator
15:07
you're completely tied to that and you have no like very sometimes I mean from like small contributions but for the
15:13
most part the overall success is kind of out of your hands right which is which is so it's so packed to bitcoin anyway
15:20
that you may as well not bother well I mean that's yeah yeah if Bitcoin
15:25
goes down ten thousand dollars then the whole Market slides regardless of how good I mean it doesn't make a difference
15:31
yeah some some well some chains will move against the market like that's that's that's the reality but like the
15:37
majority won't just because of the sheer pressure of the outsized impact of that
15:43
one player in the ecosystem right more generally which is uh well that's economics isn't it like
15:49
you know you can be you can be the the most over performing company in the market and if the wider economy
15:55
slips when you've just made a risky investment then you're going bust down you even if you've executed perfectly on
16:00
everything else so I guess you're going like oh small business is hard is like
16:05
yeah that that was always the case and it was always going to be the case
16:11
um but it's the is the thing of like I don't know I don't know what you what your your
16:17
accountants say I know all of you have accounts and stuff but when you talk to them and they're like oh yeah you know before you hire make sure you have like
16:22
you know two years um cash in the bank that sort of stuff you know these kind of basic things and you're like that seems a bit that seems
16:29
a bit overly paranoid two whole years worth of salary in the bank for one person before you just and then like the
16:37
the last you know the SPF thing and everything happens and you're like yeah okay now
16:43
now you look at that and you're like yeah in any country where you have labor laws where you can't just hire and fire
16:49
where you have to essentially restructure first which you can affect you even if you're a very small company
16:54
you'd be like oh yeah okay so all our money just went on payroll basically on Saturday right yeah you yeah you guys
17:00
deal with that we don't have to deal with that yeah so so here uh it's it's on you as the business owner to go and
17:07
find more work right um and so like how long is your liability in that situation like if you
17:12
if if Revenue stop tomorrow and you had two employees on that you've had for a year how what's your what's your
17:18
exposure there it depends on your contrast and stuff but like we'd be the minimum notice
17:24
would be about four weeks and that would have would and we would have to it's more about basically justifying the
17:29
layoffs as I understand it um and it is easier for small companies it is for others but it's that kind of it's the situation we would be in now
17:36
where we would have gone from being like okay we can foreseeably plan let's say even two and a half months ago
17:43
we could have possibly Justified hiring and now where just you project forward
17:49
like our liquid cash and you're like our Runway went from being 18 months to being like nine months in
17:57
two months and you're like hold up yeah but when when your your income stream is
18:04
so tied to a like such a uh a volatile asset you're like okay
18:09
uh yeah it's it's it's interesting how quickly that can change I suppose but
18:15
anyway um let's stop moaning um well I'll stop moaning and let's move on to the Wardrobe I was
18:21
really hoping that uh that so basically right what happened here was I was also stalling for time a little bit because I was hoping jabby would turn up yeah and
18:28
yet we've been flaked on once again despite and I hope he listens back to this and feels bad because jabby got in
18:35
touch the other day was like can I be on the end of your game of notes and I was like buddy we'd love to have you
18:41
if you show up please please do come to the end of your gameplay we
18:48
would love to have you um and I'm just gonna check my phone so I he's not like saying like oh uh I
18:55
maybe he was scared off by the amount of times you said love in one [ __ ] sentence yeah maybe no he's he's not replied he's
19:03
not replied he's probably out we're walking the dog or something do something more exciting than talking to us but anyway jabby's not coming I'm
19:10
sorry about that we're going to do the end of year show without Javi picking up after Winston I imagine
19:18
yeah which is a fit metaphor for 2022 maybe
19:24
um so Holiday Spectacular shall we do maybe that could be a shirt
19:30
just a Winston with a bunch of different blockchains coming out of him with uh jabby the cartoon version of Chevy just
19:37
cleaning it up putting it in the bin foreign
19:50
decision to not go full time validator and instead take a job looking like a very sound
19:57
very Sound Decision I was out of the Curve head of the curve as always that's that's jabby for you
20:03
um so we've got some we've got some to what we'll do
20:09
should we do the three best three worst at the end I'm going to propose we're obviously
20:15
working this out on the go yeah um so but I I suggest that we do them
20:21
ascending from the bottom except for the merch poll okay
20:27
um and then go from there so what I'm going to do is I'm going to read out the
20:33
category okay and I want each one of you to give me a response for it and then we're all going to decide
20:39
which one we think is is the winner okay all right okay all right okay I'm glad
20:44
we planned this out live yeah exactly that's how we do it so anyway uh and and
20:50
there's probably something like oh this is you know best nft collection or something of 2022. I don't think we have
20:56
that one on there yeah this is much much shittier than that I might write that out just because I have access to the
21:03
spreadsheet so um first one biggest flake of 2022.
21:08
that person is that a what like yeah what is their scope here it's for this show for the show it's guest for this
21:15
show oh the biggest guest flake biggest guess like in 2022 I didn't have to be code hands it would
21:23
right yeah I'll say code hands is my call wasn't there two invites there that got blown off three yeah the third time we got shafted
21:31
for his misses they went for dinner all right it's hard to even blame him
21:36
really but yeah with this level of preparation the the that somebody
21:41
wouldn't immediately want to to get involved with this um okay that seems pretty unanimous
21:49
that's actually a negative right I mean it could be a positive too like we're that's respect from the steam yeah I
21:55
mean it kind of sounds like work-life balance and that's why we're being so down on it it does just good decision
22:00
making right how dare you have good decision making right now thinking back I just I can't think of
22:07
anyone else who's shafted us we've had we've had a few shafts but but I think that one I think that what we've tried I
22:14
know with cold hands we tried a few like a few times like you guys said so that's I think it's a good winner
22:19
I think the if we were this is not on the list but I think the most surprising
22:24
non-flake of 2022 would be when jabby joined us from the people carrier
22:29
while bringing his his kids back from a sports fixture or something and they
22:35
were just sort of like in the back of the car I'm just like
22:40
just like oh my god dad you're so embarrassing that's right I feel like that was jabby's last Real cast right
22:49
Daddy yeah like that was like maybe the third or fourth uh episode then he was
22:56
like yeah I'm out it's too hard well I think there was one like two months ago that he was in yeah the first one I came
23:03
back to right was knocking around in the back but it's
23:10
a shame not to have jabby for the end of the year um okay
23:15
um uh I've start I've stuck in the best nft collection because I was like we should
23:20
actually probably have a couple of them what was the last one what are we giving Joe what's that what was what was that last
23:27
one we're going to give Joe what are we call it best uh most surprising unflake
23:33
all right that's good like in in the spite of a demon of a pending flake he
23:38
actually did not flake um okay best [ __ ] poster of 2022. oh good
23:46
one I think poke could choose intern uh has done quite well this year it took
23:52
him took him a while to get a stride but now it's consistent content it's pretty spot on it's thought out I'm going the
24:00
Poke at you in turn I'm gonna give points to Don kryptonium
24:06
for a [ __ ] boasting I'm not sure if he is just a [ __ ] person
24:11
or a good [ __ ] poster so I mean that's a that's a highly valuable
24:17
and [ __ ] posting I guess so you don't know the difference yeah
24:22
I I wrote Don in here I thought I thought he upped his game significantly in 2022
24:28
and I I you have to respect the amount of [ __ ] posting that comes out and just
24:34
the the pot stirring and everything else and who's against me who's not against
24:39
me and everything else like it it is it's turning into like this whole thing um
24:45
now it's like it's like it's turning into its own personality so I kind of want to give it that his satire is so on
24:52
point that I can't [ __ ] realize it's satire anymore and I just get angry when I'm reading his [ __ ]
24:59
it's pretty it's pretty [ __ ] it's pretty sh it's pretty [ __ ] post-tastic yeah I I still assume that either that
25:08
either we are actually witnessing a quite serious mental health breakdown or it is in fact epic tear I mean hosting
25:15
isn't that the definition of really good it's really hard to say even ships
25:22
I think his angle is that he's just like being antagonistic to like
25:30
you know increase engagement yeah I'm pretty sure that's what he's doing pretty effectively on multiple levels
25:37
yeah just like has it has it grown his his following uh well I mean it's certainly growing
25:44
his engagement it's [ __ ] all I see in my goddamn Twitter is Don Kryptonian arguing with
25:50
people and just yeah I think he's got his copy paste list of like insults as well that uh
25:57
some of them are pretty entertaining and the breadth of [ __ ] post even today
26:03
there's cryptocito posted a picture of eggs like a breakfast he responded with totally overcooked them
26:09
like it's just like it was like just the it's a wide breadth of [ __ ] posting so
26:16
I kind of respect the game yeah well it kind of seems to be really
26:22
wishing people that [ __ ] post him as well which kind of
26:28
suggests that he's in on that joke I will say one thing though if if his
26:34
goal is to like get paid by the community to do content and stuff then you should probably
26:41
have a different style of uh presence but if his goal is to just you know
26:48
monetize his channels and wants to widen his audience
26:54
then [ __ ] post away that's annoy people that's it so you can
26:59
engage people I suppose right yeah sure he's got he's got four 4K followers on
27:05
Twitter I don't know what his YouTube followers are so I I'm without knowing
27:10
what that was earlier in the year I don't know if that if the strategy has been working but Shine On You Crazy Diamond I think I think Don carries that
27:18
category uh best [ __ ] poster of 2022 Don kryptonium if there is a better [ __ ]
27:25
poster more consistently causing more chaos um
27:31
yeah well I mean if you're taking into account as a whole again [ __ ] poster uh
27:40
this one that's different well [Music]
27:46
this is where we're kind of getting into the semantics thing but what about Jacob as well he's been antagonizing people
27:53
all year that's true I mean he took on the ACF I don't think even Don crutonium's done that yet and he went
27:59
hard he didn't Discord he didn't telegram he did on Twitter oh man oh the forums yeah the thing with Jacob is once
28:07
he's got a bone [ __ ] Christ he does not let go of it yeah it's not really so much a [ __ ] post as it is like a
28:15
campaign of yeah yeah harassment really
28:22
yeah which which there's some of those in dance purview as well right so yeah there's a mix of those actually
28:28
yeah I should post that maybe that maybe it's a fine line between clever and stupid
28:35
it does just like I I I can't get that reference
28:40
it all comes back to spinal tap references so we're supposed to stop
28:45
before he said stupid dude no no no I was just doing a reference
28:50
um you just need to watch watch that that that film now anyway um so so next category the winner I
28:59
think we're gonna give Don Don C the the win last night give it to him uh so next category is best meme
29:06
of 2022 [ __ ] this one requires research doesn't it
29:12
well you know the the spreadsheet's been mostly complete and I've definitely not filtered
29:18
that's [ __ ] hopefully that days ago that one was not in there you just don't remember it
29:25
it's been too busy over indulging Christmas you don't remember remember that one [ __ ] [ __ ] miss it
29:33
all right best meme best meme of 2022
29:40
in the chat if you've got one yeah in the chat
29:46
because I can't even picture a meme right now I can think of actually the two I could think of a couple now now
29:52
that I'm thinking about them what do you got okay so oh okay I mean I think the Joe
29:57
meme resulted in a chain getting launched in a spasm of ill thought out joy uh the meme that's
30:06
kind of funny that's kind of cool that's definitely that's got to put it in the top memes of the year I think the fact that
30:12
like so many people still have the Joe Avatar and like people outside the Eco will be like what
30:18
the who the [ __ ] is and the fact that Joe doesn't even have
30:24
doesn't even have all that many followers even now like the meme is so obscure and insular that's kind of part
30:31
of the joy is that the meme eclipsed the person it's about that's kind of funny
30:37
um and the other one actually I'm kind of going to pinch Schultz's answer for the last question which is that pure
30:44
memes like polka cheers run of intern memes are some of the most consistent not only
30:50
memes but there's an argument for them being [ __ ] post too um
30:56
but yeah the that and the fact that that intern meme caught on to the point that loads and loads of people have intern
31:02
accounts now although almost none of them are actually that funny yeah they're just because I don't think
31:07
people kind of really have immersed themselves in the intern character in the same way that the
31:14
polkaichu organization has upended its hierarchy in its thousand strong labor
31:19
force to put the internal at the top very few organizations are prepared to
31:24
do that kind of restructuring you know to facilitate the means so those would be my two points on a side note how many
31:30
hours a day do you think pocatry works
31:36
I don't know he's he's committed he's very committed I'm up there in the
31:42
he has to be doing 14 hours a day between just the government posting
31:48
governance proposals and [ __ ] making sure everything's you know pruned make
31:55
sure everything's brewed exactly never leaving his computer
32:01
uh that's funny my yeah I think my my I don't even know
32:07
if I have a single meme for this but my favorite memes were back in the Juno
32:12
invariant checks do you guys remember that when we were live streaming that everybody was putting the Junior and variants yeah it
32:19
was running for 14 hours and like Joe had a shitload and I'm sure I'm going to
32:24
go back in the Judo Channel right now to see if I can go that was like July or something uh I think those are my favorites that
32:30
like I think it was a good community structure because everybody's just waiting around for this single core process to run like this this one little
32:38
Raspberry Pi type process running for 14 hours to go through invariant checks and
32:44
uh it just created a great uh it created a lot of fun because everybody's just kind of waiting around and so when
32:49
you're waiting around everything getting something going and that's when they come out
32:54
sorry then your man came and changed one line of code and it [ __ ] it for everyone exactly
33:00
I've been doing this all year they were pretty wholesome memes too they were awesome ones I can't remember
33:05
I tried to go back as remember so those are some of my favorites so I would I would vote for a very in check memes which is it was a good structure too
33:11
because it was like it was a good Community because there was like 10 people putting them in yeah I think most of it was like the very
33:18
first um Juno main upgrade the one on Manita
33:23
I think the store took a few minutes to migrate so it took a little while till blocks happened and there were quite a
33:29
lot of memes on that occasion as well yeah um but yeah I think the memes on the on the
33:35
Chain coming back to life with the invariant checks probably the best those are fine
33:41
uh no schulzey you got any
33:46
I got nothing right now yeah like I don't really commit memes they just sort of like I read them chuckle move on like
33:54
I don't have a best of collection sitting in my subconscious ready to go yeah I think I think jabby has also done
34:01
a pretty good job on the memes but generally speaking is kind of quite One-Shot Mimi like he there's not it's
34:08
not like a Persona there's not like a character or like a kind of flow or Arc to the
34:14
memes it's just they're just lots of One-Shot memes so I don't know maybe there's an honorable Mansion for jabby's me being in there as well
34:21
um well he was so meme also means so many things right like you've got you know there can be images that are memes
34:27
but then they can also just be like you know Don crypto I mean cryptonium is a bit of a meme [ __ ] you've got okay so
34:34
so I guess the most profitable meme of the Year Partners yeah okay yeah
34:40
that's that's a fair point so so I guess in meme in this case we're probably meaning like a conceptual a
34:46
self-contained concept that captured people's attention in a viral way and it could have been a
34:52
single you know like an image macro or something but it could have also been a longer running project like the poker 2 intern so I
35:01
mean I think there we go good good one in the chat from Ben Davis
35:10
for the yeah for the uh the podcast listeners UST is a mean [ __ ] Health it is
35:18
short-lived devastating um okay so what's our conclusion on this
35:24
one then oh it feels like we have a decision was a good meme that had a good
35:32
Community around it for quite a while they made nfts I mean
35:37
should wear is still going hard yeah try it it is yeah and like it it's not in my
35:44
mindset of like a meme tune anymore because they're still like active Community around it and progress
35:51
and upgrades that actually go pretty well like they're going better than some
35:56
non-meme chains I don't know they've turned it around they've turned it from suppose I mean
36:02
even the launch went obscenely well yeah like I don't I think I think the launch was like at the
36:08
second it was expected to it was bizarre and it's still going so
36:15
yeah also like hired a full-time Dev before Juno
36:24
uh yeah um so um moving on
36:30
so in conclusion best meme the options are I think from from that lot
36:38
Chihuahua it's pretty good poker Chu intern
36:45
and Joe chain because those are both memes in the same conceptual category of
36:51
long-running meme concept I'm going to go with Focus you intern just because of the longevity of the operation the
36:58
consistency and that like I feel like they're going to be there for a long time and I quite enjoy his insights it
37:05
might seem like memes but they're actually quite meaningful insights his his posts so
37:11
you know and plus he's a Bud he's a bro he's in the collective
37:18
I'd be good at that I mean I consider him the best ship poster but for me the difference between a [ __ ] post and a
37:24
meme like there's not there's not much difference development it's development of the
37:31
character of the meme right is the [ __ ] posting exactly the name that's true
37:36
yeah yeah yeah yeah you know what is that Meme where I can't remember what what uh what film it's
37:42
from where there's like the person with a with a gun to the person in the church pew in front of them and then there's one person behind them and then there's
37:49
one person in the peers behind and then there's somebody in the gallery with a sniper rifle looking at the person in
37:54
the back um I did a talk at some point last year where I was trying to explain like the
38:00
the internet of blockchains and I was trying to explain what a good idea and a bad idea was in the cosmos and I had
38:05
like I think I had something like atom osmo you know and then chihuahua in there uh
38:14
yeah so um I don't know I think you can fully Define like a
38:19
a good or a bad idea in the cosmos some of them seem really bad that end up being good some of them
38:25
seem really good they end up being bad I think that was the point of the meme wasn't it um
38:34
is a meme that's the joke that's the joke you
38:41
can't even really like Define a meme fully and I've I've challenged anyone to
38:48
fully Define a meme I don't think there's a definition that fits I mean there isn't even an agreement of how to
38:54
pronounce it I know several people that call it a meimei it makes me angry every time but you should not hang out with
39:00
those people sit down your [ __ ] facing Nobody Does
39:06
that dude I swear to God I know seven people who call themes they will murder you in your sleep stay away from those
39:13
people I don't believe that walk up to those people and punch them straight in the
39:19
dick call them a [ __ ] [Laughter] hey we lost in 39 minutes before getting
39:26
demonetized this time that is a new record uh if anybody else caught a [ __ ] before
39:32
then prove me wrong but I'm pretty sure we got we got 39 minutes
39:37
I think I think the Australian has said can't the least on this show over the entirety of the year that would that's a
39:45
stroke of irony that that would be I don't know somebody should go through those recordings no because there was a
39:51
point around episode 27 where we were trying to get usurper to drop the c-bomb
39:57
and he was like I'm fine with the sibo I'm just not going to drop it on there
40:07
I mean I feel some Envy over its usage in Australia and Britain because in the
40:13
US if you say it like that's that's bad news like you're you're gonna start a fight with someone is what you're gonna do and everyone's gonna be offended
40:20
so I'm jealous that you know it can be used elsewhere in the world as almost a term of endearment it's not well I mean
40:27
it might start a fight here as well like you've said the wrong person you start a
40:32
fight there's there's a there's a movement here in the us to bring that back is like an empowering word too actually there's a play around it I
40:38
thought it was on Broadway is make it make it more about power and
40:43
those types of things yeah interesting it's very interesting I mean I would love to take it back how would you get in the Australian term of it which is
40:49
which means like loved friend I think values that's what I've gotten
40:56
out of this year best word of 2022. I think that's what it means
41:02
um like I think if you walk up to a group of people and at a work Junction and be like uh what's up with this
41:08
mobicants like I don't think it's going to go down fantastically still yeah yeah
41:13
it that wouldn't go down well um yeah all right how do we get on this
41:19
what okay next question [Laughter]
41:27
so uh yeah that's kind of worse kind of 2020. um
41:33
best best business decision of 2022
41:39
I don't even I answered this like as an actual thinking about it but that's a that's not the way of thinking about
41:44
this everybody's a deep thought the best
41:50
position I'm not sure I have a basketball odd I don't know I'm sorry I was just reading uh Ben Davis he's going
41:55
what I was leaving my my all when I was leaving when I was
42:00
leaving a job my old boss introduced me to someone as a [ __ ] and said if he loved me more he would have called me a [ __ ]
42:05
[Laughter]
42:12
as an aside as well meme uh Ben Davis has correctly pointed out that Meme uh
42:17
was was the word first coined by Richard Dawkins which is an interesting side fact
42:23
you of course mean I believe that was how Richard Dawkins
42:28
pronounced it as well um for some strange reason I always get Richard Dawkins and Peter Hitchens not
42:33
Pete Hitchens Christopher Hitchens mixed up even though they are completely different people in almost every important way but whatever anyway if
42:41
someone comes across Richard Dawkins punch him in the deck for me
42:49
um yeah so uh uh best business decision
42:56
uh yeah the problem is I already have ironic
43:01
quads that are also the worst some of the worst that's that's what I was going to say as well like going crypto
43:07
full-time was probably my best but also my words so it's like um yeah I was
43:13
gonna say Okay crypto full time it'd be like I think it was like about four weeks before the crash
43:20
started well that that would mean that my best business decision of the year was not
43:26
fully backing out of my Contracting job all right that seems like a fair one that was that was a good decision that
43:32
seems like a reasonably good decision since the house my worst business decision of the year was [ __ ] staking
43:38
all of my bags of Juno every time I got them yeah it would be mine too actually I
43:44
should have put that in there I didn't sell I I I didn't start selling coins in 2022 until like
43:50
November something like that October I think everything else I held
43:55
for the most part like I didn't really because everything again everything was still growing and and
44:00
I was stupid that was that was a bad idea like I didn't really want to um dwell
44:06
and rub this in but uh like my risk management strategies were pretty
44:11
good for my business as well yeah so well I've heard that from you and I've heard that from other great validators
44:17
who have who have a very who neat and I think is appropriate is that you have to
44:22
have a bit of a strategy on execution of sales and you stick with that regardless
44:28
of what the [ __ ] the Market's doing you just don't care like you have a percentage that you figured out which is really what I changed to I think maybe
44:33
it was maybe it was a little bit before that maybe it was maybe it was more like September um but you come up with a strategy and say
44:39
this is what I'm going to sell is going to hold is where I'm going to redelegate blah blah blah and you just do it you don't look at the price you just ignore
44:44
it right and I think that that's a tough strategy to do to be honest that's a really tough one because you never want
44:50
to sell if it's if it's everything's growing by 10 a day you don't want to you don't want you think you're losing out money everything's falling and you
44:56
don't want to sell because it's low because you know you're moving out money like that is a tough strategy you got to think about it long term
45:03
I would say that I did a well I would say my worst position was actually going into the the UST osmo pools because I
45:11
was cashing out I think at an appropriate rate but then in locking in for two weeks
45:17
whenever it went down right that just meant that all my funds that I had been basically squirreling away
45:24
basically disappeared right so I think that my risk management would have been better had I just not
45:30
committed or used UST as much yeah I I didn't I couldn't LP anything I
45:37
just I couldn't see it in my strategy at all to have LP like even against even if
45:43
they won against you know Stables like just even having you know
45:49
anything against osmo hey I didn't realize until like quite recently that
45:55
like it never occurred to me that osmo would actually be quite resilient because of the platform that it's in
46:02
um I mean so you know I think arguments yes
46:08
yeah I mean arguably osmo would be stronger than like it'd be less risk I guess than a
46:14
lot of the Stables um well specifically our go Stables I think osmo probably represents less risk
46:21
and more stability just because of the depth against all the other tokens so
46:27
particularly Adam so quite a good token osmo I think it's
46:32
underrated I mean but I didn't realize until yesterday it was just undervalued in terms of
46:37
if the market picks up like there's no way that it's going to stay as low as it is and historically
46:45
I think it's an appropriate level it doesn't really matter what the level is just the stability of it is more
46:52
important I think So to that point you know what we were talking about before then then really
46:58
what you should be put into cash in is that something has the highest TBR right like like if you want stability yeah
47:05
like like if you add up all of the tvl of all of the tokens and that's the depth of
47:11
osmo because you can arbit pools as you um if you want to sell hard in against
47:18
osmo um so say if you want to sell like a million dollars worth of osmo and you
47:25
just do it in small amounts and constantly up the pools you could do it without making too much damage to the
47:30
overall price so yeah I mean we are resilient that way we
47:35
are I mean now we're at a pretty low point in this in this in this Bear right
47:40
now so if I look at I mean what's what's the 52 week of high of um Adam that's 44 and right now it is
47:50
nine and a half so it's down 75 percent is there anything else that's less
47:57
miserable than that osmosis is down what 90 something percent it's 71 cents from
48:03
13 or 14 15 yeah I mean you can't it's difficult to
48:10
like when when the bearer comes which we are in it's 11 25 so we're down 71 cents
48:16
that is 11.25 is whatever that is seven percent Maybe um or no less than that five percent of
48:22
maybe the total um when the bear comes I think the the highest I mean USD aside because that
48:29
was a different type of issue right but when the bear comes up I guess your best bet is just having as much whatever
48:36
token has the most value in it because that's the that's the last one people are going to get rid of is that right
48:44
it's like the so it's the hardest one to destroy the value of is what I mean yeah
48:51
because like say if there's only one Juno osmo bull right
48:56
so if you want to sell Juno you have to sell it against that pool but there's 50
49:02
osmo other pools so you can ARB between them to like take
49:09
the sting out of a trade um which is what I mean so basically you
49:15
can take the liquidity of all of the other pools and make it one
49:20
um and then essentially that's how much you can sell against
49:25
um but anyway it depends on where you're selling too as well like if if you just want to get out of Osmond it doesn't
49:31
matter where you want to go then you can probably you know easily sell a lot of them into a bunch of other tokens but
49:37
um if you just wanted to sell osmo into
49:43
Adam um then you will
49:48
probably I think you could probably limit the amount of damage to the osmo price but
49:54
you would push the price of Adam up because of the amount of liquidity there
50:00
is in osmo compared to the liquidity in atom yeah so you would you would like
50:06
you would push the price of osmo down less than you would push the price of Adam up
50:13
because you distribute it against a bunch of liquidity if that makes sense
50:19
yeah yeah makes sense yeah so like the more the more liquidity in each side of
50:24
that trade when you can start to consider them as not just one pool when you start to consider them as Aggregates
50:30
of value that you can Arbitrage against within the same ecosystem than the the
50:37
one with the least amount of liquidity is going to change the most so yeah okay and so osmo is probably the most
50:44
resilient token in in um the cosmos because of that reason
50:50
potentially Adam as well because of how many um
50:57
like centralized exchanges it's on and it's the order books operate a lot
51:03
different to dexes as well you can do a lot less damage oh well and a lot more just
51:11
depending on the situation like your prices can jump a long way in just a few
51:16
trades on a centralized exchange as well if there's just absolutely no no one willing to pick up the candle on the buy
51:22
side sure be either be even a market a market trade on a centralized exchange you quite often
51:29
okay this is gonna sound like decadish but you can shift ten thousand dollars with very little slippage or no support
51:36
no slippage obviously because it's a order book but you know you you can do one then do a second and you for
51:42
anything with deep liquidity you're not going to see a difference in price really between those two those two
51:48
tracks so it would have to be very large like OTC level large before you would
51:53
start seeing a difference so it depends on the order book depth as well so back in like 2000 I don't know
52:02
17 maybe I was writing um in Python and Arbitrage bot I never
52:08
really made it do any Arbitrage I was just making it a calculate opportunity and in doing that through the apis I had
52:16
it actually calculate through the um the depth of the order book what the trade would end up being
52:23
if that makes sense rather than just taking the app market price to try and figure out the Arbitrage opportunity
52:29
like you had to say you know if you want to do Arbitrage of ten thousand dollars then you're going to get pushed to this
52:35
deep into the order book and you know that's going to happen on the sell side and the buy side on the other one so you
52:42
need to take into account that slippage in price to be able to actually determine whether or not an Arbitrage
52:47
opportunity exists because they might have a difference of 50 but up you start buying into the order book
52:54
um you know they might have really shallow um depth in the Autobook so yeah because I guess it depends where the walls and
53:00
things are doesn't that in terms of where the action provides himself doesn't even matter the walls it just matters how much volume you can get at
53:06
what price and what the size of your trades are going to be so you can even just use that to optimize your trade
53:12
size to summarize this whole point right which is best business decision
53:18
there's something there's a whole thing right here around how however technically
53:23
Adept you are that in general actually as well the business side and understanding the sort
53:29
of stuff that null clearly understands better than certainly I do is actually in general the business
53:36
decision that keeps on giving I would say my best business decision of 2022 was to listen to null
53:44
he's gonna get a big head about this but two specific pieces of advice one about dollar cost averaging and I was already
53:51
in a in a in a risk management frame of mind and there was at least one
53:57
other decision which uh very specifically
54:02
I'm not going to say exactly what it was because it's not really that interesting and it's quite specific to our business but something that null with the c word
54:10
told me to stop being a idiot about and do a particular thing end up also being
54:16
a very obvious thing that I just hadn't thought about because I don't think about that stuff I'm too busy focused on the technical stuff rather than the
54:22
obvious business token and monetary implications of a thing and was just being a complete idiot and
54:28
that was a very good business decision as well so they set the other half of the best Business Association of 2022
54:35
worst business decision mine I'm gonna go with okay obviously probably not
54:40
selling enough even despite taking a risk a risk-averse position but my biggest
54:46
mistake would have been I laughed at Chihuahua and was like not getting involved in that that is my worst
54:51
business decision uh because the Chihuahua was January wasn't it it was in 2022 that it
54:57
launched it was earlier yeah that sounds right yeah yeah um so I'm gonna put my worst business
55:02
right it has nothing to do with it I laughed at it and again I actually no I was like it was like you are you gonna
55:08
do this this Chihuahua [ __ ] chain thing and I was like
55:16
well it was it was firsts for me right it was about firsts in the cosmos and
55:21
Chihuahua was the first meme chain and the first it's usually last
55:27
junibus before that right yes two hours of fork of Juno yeah okay oh
55:35
your first meme chain is that what you're saying yeah I think first first yeah first meme James yeah
55:43
yeah I think I I would say not getting in it or for me it was not selling it like I I literally I held all that I
55:49
just restaked it all so right now I have 34 million huawa worth 2400 bucks it's
55:55
amazing I think that was probably 20 million well it was probably half a million dollars maybe at the peak
56:01
something like that oh my god well it was a cent right so I I have a million dollars worth of wow or at Peak for us
56:09
was it worth a penny is that what it was it was yeah yep we got it that's the
56:14
peak one cent uh so that was 342 000 for me yeah oh my God
56:20
oh dear but look at it this way you sir but like
56:26
uh probably you know from me keeping a lot of mine and you keeping a lot of
56:31
yours then we've saved probably some people who were buying it I guess by not
56:40
making it cheaper for them I know yeah that's that's that feels good thanks man
56:47
all right so I guess I guess what I mean is for all the money going out there's gonna be money going in right so but
56:53
yeah that's well for that chain that's the that's the whole thing unfortunately
56:58
Okay so we've got we've got two options I think from that discussion we've got not selling coins and
57:04
I think all three of you got in in Huawei so I think it that's my private
57:10
private pain they're not getting in of just not taking it seriously like
57:16
being above thinking that I was smarter than Huawei is is the dumbest thing
57:22
uh I've done this year was like but but it also goes you know what maybe there's
57:27
a broader point there which is just not trying to second guess things too much because half the time you're right and
57:32
half the time you're wrong right yeah because we you know we joined the passage valve set
57:38
where's that now we've got involved in other chains and they've gone kind of nowhere right
57:44
um and the [ __ ] is going on with Passage I don't know anything right now we're
57:50
going to take a very serious look at decommissioning that validator next week and probably will do probably gonna pull
57:55
the plug on Quicksilver too oh we're out of the set already so that's like a yeah we were kind of out
58:01
of the set and the evaluates have been expensive site
58:06
um what do we think of nolas notice I think that was pretty interesting uh
58:13
I haven't done it too deep a diving is that one's the like lending platform right but a more different Landing
58:18
platform yeah they they like contacting me [ __ ] like six months ago and sent me
58:23
their deck I have to go back and like re-read it because it seemed like a pretty good concept of its own I just
58:29
can't remember what the [ __ ] it was I think it's a different type of Landing platform um it's a fairly unique system
58:36
of lending um I can't remember the specifics uh that's why I hired a Biz Dev guy so that I don't need to remember the specifics
58:42
too much but he he was pretty confident and he's um erdaman is uh skeptical at Best of most
58:50
crypto projects so are you in the test net uh I am yeah
58:57
like I'm in their test net but I'm not in there test net yeah so I'm not like active like in the
59:04
app but that doesn't matter um you can
59:09
still they allow you to be in main net if you're not in the active set right now because most of their active set is
59:15
themselves in their test net right now uh copy
59:20
um yeah they did say like you don't have to be I don't think you even have to be in the test net to be in the main net but
59:27
whatever whatever like it's not incentivized or anything that's isn't it so yeah yeah
59:32
they're just testing their [ __ ] all right moving on okay next one we've
59:38
got drum roll best chain best chain of 2022 best chain of 2022
59:46
and this is not like just just for those of you listening at home you're thinking hey is this like that that cosmiverse
59:52
thing where they were like most decentralized chain stuff this is not any of those there's [ __ ] metrics or
59:59
however they pick those things right this is exactly this is we we have spent
1:00:05
days crunching thousands of of terabytes of data to come up with can I go first
1:00:11
sure classic Cara classic no it's definitely osmo osmosis
1:00:18
is best chain best chain okay
1:00:24
I want to hear why Tara classic is the best change
1:00:31
is that what you meant basically yeah the one that whenever I
1:00:37
was thinking sarcasm the one that would really hit and that Terror classic was that one for me
1:00:44
I mean Terry classic was the biggest [ __ ] disaster in all of uh Cosmos this year
1:00:50
yeah I mean well I don't talk too bad about Tara right now so I'm not going to say anything I was my
1:00:57
so he too says osmosis did nothing in 2022 it doesn't need to do anything but
1:01:02
exist osmosis became the Hub in 2022 yeah like they only launched sort of mid
1:01:10
to late 21 anyway right so their whole existence has been 2022.
1:01:15
they were up to like [ __ ] amounts of tvl at one point and then you know sort
1:01:20
of petered down to nothing now but still I think um I'm sure they're still doing
1:01:26
improvements to the chain and that type of stuff so yeah I mean in terms of like in terms of the best chain
1:01:33
it's osmosis it's the it's the most used it's the most volume
1:01:40
of anything it's got the most transactions of anything I just don't get it I think if it's
1:01:46
anything else I don't even validate there and I still think it's the best I would love to
1:01:53
say that Secret's the best chain I would love to be able to say that but I would love to be able to run a [ __ ] note on
1:01:59
secret that's kind of where I'm at with it like I have a ton of servers specifically for secret and only a
1:02:05
single one made it through this latest upgrade and there's been so much I don't
1:02:11
want to say mismanagement because that's that's not fair to the secret Labs team the community has eaten itself so hard
1:02:18
that it's not the same chain that it was 12
1:02:24
months ago it's just not this ecosystem loves to eat itself that's like its favorite thing
1:02:30
it's part of the governance thing man it's governance gives everyone a voice and when you give everyone a voice they
1:02:37
fight with each other oh yeah Ben Davis evmos for stopping the
1:02:44
bear Market pain for three or four months that's a great call out I think at most single-handedly kept a lot of us
1:02:50
afloat um I did well over the summer for sure yeah and then epically fell off a clip
1:02:56
that's another chain I was like Cosmos the [ __ ] future I don't need to get
1:03:02
involved we we people are telling us get involved in that most
1:03:08
we were like Cosmos was the future the phrase Jake said to me Jake Hartnell
1:03:16
back like when I said where should I be focused my focusing my attention Jake he
1:03:22
said he goes the biggest
1:03:27
um he has the biggest chain in Cosmos is going to be Atmos
1:03:35
I'm pretty sure I remember him specifically being surprised that I was that I would actually follow through
1:03:42
with being as much of a cause of Watson backseat I would not validate it's like but hang on wait wait wait hold up what
1:03:49
have you done I kind of thing I was like what isn't this what we do you back a thing you believe or okay whatever oops
1:03:59
yeah sorry sure we'll see I cut you off there what are you gonna say oh I I wasn't at most his original test net
1:04:06
and it was a massive [ __ ] show to say the least
1:04:12
um and so that made me pretty bearish on it at the start um it wasn't until
1:04:20
I started following what they're actually doing that I got a little more excited about it because like I think
1:04:25
that I think the only way to stay in the active set in the very beginning was to like retweet and post memes on Twitter
1:04:32
yeah I was in the active set and like number one for like a week or something and then they said and then
1:04:37
they just completely changed all the rules so the only way you could stay in on Atmos was to be wildly active which I
1:04:44
I appreciate that they want to build the community but I think building the community
1:04:49
doesn't have the same rules as like building a good validator set like they
1:04:55
should those two should not be intermixed in my opinion um and so I felt pretty pretty bearish on it at that point
1:05:02
um I feel you're sentiment like this the test net was just way too much [ __ ] involvement for non-validator related
1:05:09
stuff well and then the people that were on all the test Nets they didn't actually
1:05:14
get the rewards they were never actually delegated to for being the test net right so it's like oh I don't think any
1:05:21
did that yeah I don't think yeah no one ever ended up getting any test net rewards I don't think so I'm aware of
1:05:27
it's totally shocked at everyone yes yeah well and then uh you know I think
1:05:34
it might have been sniffing their own farts a bit too much with the [ __ ] price of the token and they didn't want
1:05:39
to crash it by giving it to all the degenerate validators for them to sell yeah
1:05:45
yeah yeah like when you're when you're in a when
1:05:50
you're in a room with your own scent and you just keep producing is that really want to leave the hot box
1:05:56
yourself for your your best chain 2022.
1:06:03
202 ah it's garbage you know it's a Scooby
1:06:08
Do you know for me just because it's it's been the it's been the best and the and the worst I guess
1:06:14
um it's taken up the most time it's been the most heartache uh purely purely on execution I would
1:06:23
say maybe stargaze yeah they've been very smooth very well executed for the most part like oh yeah
1:06:30
we obviously had we've always had Jake and we've obviously had Shane and we've obviously had Jorge on the podcast
1:06:36
before to talk through things and you know obviously a lot of the product
1:06:41
roadmap is I'd say more Shane probably um but it's been tightly executed it's
1:06:48
been well done they've they've done a lot of things that other chains should have done like cashing out money into
1:06:55
stables in the right way paying people in those
1:07:00
forming longer term plans around the product and the roadmap and stuff in just a way that there's been consistent
1:07:07
things happening and you've and that's been especially obvious during the spare Market that things have still been happening
1:07:14
and I think if you're a building hanged onto Shield yeah uh and if you've like if you look at it
1:07:21
from the point of view of like a a Dap developer or something like that if I was looking I mean I wish you wouldn't
1:07:27
be looking at deploying adapt right now because what's the point you're making money off it um might as well not bother
1:07:34
um okay maybe maybe that's a bit strong but even so um like one of the chains I've been
1:07:39
looking at would be stargaze to get permission to Launch there because they have actually put
1:07:46
together a a a product that that is a bit more of an actual proof of the app
1:07:53
chain thing it's more consistent it has a conceptual story to it
1:07:58
um so I think that's that that's very well done to be fair to them
1:08:03
um and there are very few other teams I think that have managed to actually ship and then continue that momentum and
1:08:10
actually build a product rather than just ship and then [ __ ] off with the cash
1:08:15
um you know Desmos star name whatever there are a lot apologies if they're shipping loads of [ __ ] I'm just not
1:08:21
aware of it but you know a bit of a [ __ ] post but people were
1:08:27
asking us when we were doing the house stuff which obviously economically at the moment we're just like in in limbo
1:08:32
with that but people are like what about Desmos it's like well you can we're already ahead of desmos's roadmap like
1:08:38
thanks to cosmize them so that's another thing I think that stargaze did really well which was
1:08:43
identify they had would have a quicker velocity with cosmoasm and go that way even though they had the
1:08:50
in-house capacity to build SDK modules and a lot of experience there so there's actually like a number of things both on
1:08:55
the product side and on the kind of technical discipline side where I think they've done a really good job and in
1:09:01
addition and this is an interesting one from the perspective of Juno is that I think they haven't been hurt by running
1:09:07
permissioned cosmosom which is really interesting actually I
1:09:13
think as a model which is I think everybody has assumed that the youth model of just launched wherever the [ __ ] you want is a great model and it's like
1:09:20
in an app chain World actually maybe have a consistent product story about why people want to deploy on your Zone
1:09:26
and what the synergies are there is actually a better model potentially
1:09:33
at the front of that I think I would throw behind that if the current implementation was a little
1:09:39
different I think that ideally um there'd be something more to the effect of you get permission to initially
1:09:45
launch so there'd be in this the initial governance proposal but then after that
1:09:50
then there's iteration you wouldn't need to go back to the chain for every single iteration you need to do like you look
1:09:57
at kajira they're at prop 140 I believe because any iteration requires yet
1:10:02
another prop and it's so cumbersome so [ __ ] annoying
1:10:07
oh what to migrate the code of a smart contract just anything is a [ __ ] proposal it's
1:10:15
annoying as [ __ ] yeah maybe that could uh maybe that could be streamlined by instead of like
1:10:20
having but the thing is too is that they're [ __ ] two-day proposals like
1:10:28
I don't mind there being 20 [ __ ] proposals as long as they're like a week long so you can just batch them up one
1:10:33
day and go through them and vote on them but like you literally have to be voting every other day on fujiro it's [ __ ]
1:10:41
annoying on a related Point soy T Studio says kuji shipped a lot in 2022 which I
1:10:46
don't know if that's a vote for kuji but that I guess is is pertinent to the conversation at hand and Ben Davis has
1:10:52
said in the chat Adam didn't halt in 2022 does is that enough to make it the
1:10:57
best spicy that criteria spicy but maybe yeah validate is also collectively made 35
1:11:04
cents on kajira over the year if you round up I mean that's if you don't take
1:11:10
into account expenses my vote was also for stargaze this year I I you know I have a lot of respect for
1:11:17
that team and obviously work closely with them on RBC API side and I think
1:11:22
just the the release quality and the lack of drama the number of monthly users keeps growing it's a real product
1:11:30
that has utility and will continue to grow and those types of things and the
1:11:35
num the types of nfts will change over time and they launch names and now you have this badges thing from Larry and
1:11:41
some other types of stuff so they're finding ways to to be able to do that you're going to have cross chain nfts coming here soon
1:11:47
um and all that stuff is kind of cool yeah what's this thing I agree as well it's just for me like that that platform
1:11:54
only succeeds if the rest of the cosmos succeeds it's it literally does nothing
1:11:59
else but help facilitate other successes and so I I don't think the best chain
1:12:06
can be something that is dependent on real value and and from my
1:12:11
perspective there's a more than shuffling coaches around this this other one has real value but that's like something I kind of see that the other
1:12:19
way around because all you do is you deploy ease it's a package software and it's like well it is itself software
1:12:24
like yeah let's make the best chain does it make it so I I see that the other way you server I I see it as all of the
1:12:31
other chains can't survive without osmosis I don't think so they need it they have such they need it head
1:12:43
first sift train is actually making blocks again thank you very much so I can't really say too much because I'm
1:12:49
not on it uh I would kind of throw in there that I might put nomic up there as
1:12:54
one of the best chains because I really appreciate that they are in so-called stake net and they're not forcing them
1:13:02
to be in main net in order to make a ton of money at first it really annoyed me that they were in this so-called stake net
1:13:08
um but there have been so many chains that launched with no product and then they
1:13:14
you know create huge incentives on osmosis despite their price team sells and then
1:13:20
the price tags the nomic team is one of the few I can think of that I think they
1:13:27
started in 2021 and throughout the entire year they never pushed to main
1:13:33
Nessa main net so that they could you know IVC over and
1:13:39
you know make it rich quick I really really appreciate the way they've gone about it so to that end hang on to that
1:13:47
end omniflex they are still they're not the most
1:13:53
popular um NFC platform obviously stargaze is currently more popular but I mean
1:13:59
they're still building and shipping products don't even have a token and they're all making it so yeah that's
1:14:05
no inflation that's pretty admirable they haven't they haven't pushed to like make a token and pump it
1:14:11
um they're just allowing everybody else to use other IBC tokens so I think that's pretty good as well we've got
1:14:17
that in Shields yeah that's cool um I just want to like throw throw in
1:14:23
Nomex cool I like the model I like the fact it's written ground up in Rust I like the fact that
1:14:30
um the team are very approachable and uh uh Hey sister's in the chat hey sisler
1:14:36
love what you guys are doing it's in the chat absolutely yeah W in the chat
1:14:43
um but yeah like also numbic team really really cool really helpful I had some
1:14:48
contact with Matt Bell who's one of the main people um with trying to hook them up with the the CW SDK
1:14:54
effort and also asking a bunch of dumb questions about the Merck implementation in hindsight I was way too burned out at
1:15:01
that point to be digging into somebody else's implementation of the data store underneath Cosmos would be like what's
1:15:07
going on here um but very very nice very very smart humans
1:15:15
um doing something really useful and hopefully like some of that work will also end up being used outside of just nomec
1:15:22
um in these new efforts as well so big big positive energy about nomec um
1:15:28
from this corner as well um so I think that gives us we've got three main options there I don't like
1:15:34
anything that's a bridge so okay okay so we got I think we've got no make
1:15:41
stargaze osmosis honorable mention for for omniflex I guess but but I think it's the other
1:15:48
three what we saying lads well I was really making a statement
1:15:53
about namak I don't think they really count since they're not in Maine there and since we haven't differentiated I think I'll make a point now that it has
1:15:59
to be in mainnet all right okay cool so then let's go osmo Stars
1:16:05
yeah which one only one two two and two chains enter one and one chain leads
1:16:14
I suppose like in terms of Engagement and enjoyment
1:16:19
probably stargaze but I think you know if there's different categories
1:16:26
economically speaking and user-based speaking I think it was Moses would take
1:16:31
the ground I would say only that uh at conferences so both the the two that I've been to
1:16:38
Lisbon last year Prague in the spring uh having an osmosis sticker was like
1:16:46
the coolest thing you could get like there was a kind there is an energy around teams in the space as well as
1:16:53
like like all Builders all devs or whatever there's like an energy around wasmington
1:16:58
and osmo and stuff and obviously stargaze like I said great product
1:17:05
um love the team and stuff but like the kind of the meme around it as well I think is really strong and like the
1:17:10
positive energy is also really strong so bear kids bad kids oh [ __ ] how do we not do that
1:17:17
as the meme that should have been in one of the option where okay we moved on we didn't think of it at the time well hold
1:17:23
on though bad kids almost was like brought up because of Pikachu though so
1:17:28
I think that that kind of Falls as a subsection of Pikachu are you saying that the bad kids work
1:17:34
for poker tune not the other way around oh that's a good question uh uh are you
1:17:40
saying that the the bad kid's success this comes down to Poker Chu intern I
1:17:45
think that it I think poker Chu in turn certainly contributed to it yes because he shielded
1:17:51
pretty hard um and I know others were also happy like enjoyed it because it's great I
1:17:56
enjoy I enjoyed it as well but consistently pukachu was like hey
1:18:02
check out what I've got okay the bags yo um okay so no you're going osmo
1:18:12
yeah I'm gonna have to go with osmo yeah usurper you're going stargaze sure
1:18:17
we'll see I think that I need to go with osmo from the community side
1:18:24
um and if we're counting Kepler as part of Osmosis which I feel like you kind of have to then osmosis in a very real
1:18:31
sense enabled is enabling the cosmos until something's the plants it like Star shell or leap or there's one or two
1:18:41
other uh wallets that are coming out and a couple of others yeah yeah then I think that I think that
1:18:48
just by the existence of caploe that osmosis has to be the chain of 2022.
1:18:54
and I'm going for stargaze which means we're two for two okay first person in the chat to throw in an
1:19:01
opinion is gonna sway it so I think uh I think Adam wins the
1:19:06
crown for most like pivot flops pivot flaps I'm not sure that's a
1:19:12
category but yes greatest attempt to try and find utility
1:19:20
the most amount of money spent trying to find utility give it the college try award
1:19:25
um wow okay stars stars is unilaterally in the chat wow yeah that's that's
1:19:32
decisive for yeah okay the vote yeah all right Chad let's just delete osmo and
1:19:37
see how you go with your [ __ ] stuff All Right Moving On shittiest chain no literally everyone
1:19:44
literally everybody did actually delete osmo from the spreadsheet
1:19:50
[Music] um everyone starts [ __ ] just new Cosmo
1:19:56
okay best Tombstone of the year
1:20:02
best Tombstone oh it has to be steak steak like Moro I have to agree because yeah because of the meme that came from
1:20:09
it was there well it was twice right was there two they say I thought they didn't these
1:20:15
Tombstone twice I think so uh well no I think they Tombstone once and
1:20:20
then they just fell out because their own was just hanging so much [ __ ] on them the down like Mo became a meme
1:20:28
so I was gonna say steak like Mo but then I was like um is it block demon I'm thinking of Who
1:20:34
You Tombstone twice
1:20:41
that's what I voted for too because that was I mean they're they're like a professional outfit it's not like three
1:20:46
guys in a dream right and also they they were on stage at Cosmos no not cosm
1:20:52
reverse uh Gateway doing one of the main talks where they were like we're a great validator
1:20:58
um we have all these processes we're not like one that's a good you know GarageBand validators where it's just somebody you know in in their Loft that
1:21:07
my Tombstone you right that's perfect there was no there was no meme in the
1:21:12
trade there was no meme there wasn't a meme that's true it could be most surprising might be black I'm gonna
1:21:19
but you're right I'm gonna switch my vibe it's it's downlight mode those other guys definitely had the most
1:21:26
confusing [ __ ] explanation yeah we ran some ansible scripts
1:21:32
with scripts we did some things we're not quite sure but the thing seems to be broken now
1:21:38
it's like well you're setting up new validators sort of outpouring Dexter you know
1:21:44
um it's like throwing [ __ ] except English uh yeah do something Dev
1:21:53
um okay uh we're about to get to another spicy one but before we move on uh best
1:21:58
nft collection of 2022. this is I'll admit I did sneak this one in there have
1:22:05
you just done this now you've just he did yeah yeah yep while you're going off on osmosis you
1:22:11
snuck it in there it's bad kids isn't it it's bad kids it's the Bluetooth it's
1:22:17
Terra punks good I mean okay I'm gonna put but I'm gonna
1:22:24
put bad kids out there which started off as a joke in like April or whatever it
1:22:29
was like no back is the real blue is the real blue chip
1:22:36
yeah but you know I just don't want to admit that because I don't want to pump Don's bags
1:22:43
okay well you've all got like five seconds to disagree with bad kids otherwise I'm gonna type it in the in
1:22:50
the spreadsheets once it's typed it's done I don't know if it's entirely Fair uh on
1:22:57
secret there was the anons and at one point they are going for like ten thousand dollars each I think that was
1:23:03
the floor so if we're going by each Floor Rise I'm not really basing mine on floor
1:23:09
price I'm like basing I'm going by enduring Meme and like okay one do
1:23:15
people want them like are they gonna throw proliferation in Twitter so total volume I'm looking at Hubble see what's
1:23:21
in there so the is is this only stargaze this might be only stargaze right I think this I mean if we're going like
1:23:27
those passage things were selling for like 400 bucks in Adam right when they came in so yeah this one has stargazed
1:23:34
punks being well it has more sales and more volume and blah blah blah but bad
1:23:40
kids is number two than thank you stargations I should go for
1:23:47
the Genesis um things shouldn't I really uh glitch candies because bought
1:23:54
because your balls deep in them
1:23:59
hey look in our off in our office we have we have a a one meter it might be
1:24:06
that big like a glitch candy up on the wall it does look pretty pretty gangster
1:24:11
um so you know there is that just a frame of your bad decisions worst business decision of 2022 by sixth
1:24:19
grade candies I spent both make-believe money and real money on this
1:24:24
yeah uh sporty is correct uh they said secret
1:24:30
has those Quentin Tarantino equities yes that is correct uh however the anons
1:24:37
the non-dao actually owns the nfts because they pool multiple million dollars in order to buy them
1:24:42
um so again that takes back to announce and how big they were like are we are we
1:24:47
limiting the the scope to just Cosmos because of course don't forget the Trump
1:24:53
nft Cosmos making money uh uh definitely Cosmos could pull us out of the bear
1:24:59
okay so next question so we're gonna go we're going with we're going with bad kids sure
1:25:06
uh oh we didn't I see no writing for shittiest chain we didn't we didn't do shittiest chain we didn't just chain
1:25:12
what's the [ __ ] Australian 2022 let's go wait a minute Ben Davis saying he got [ __ ] 3K for a strange plan that's
1:25:21
[ __ ] crazy is that true who the [ __ ] with Pete and we thought we
1:25:26
were good well I'm in there so you know here's here's the thing right presumably they're not going to like do
1:25:34
the air drops and [ __ ] the strange plan until the market turns around yeah so all of those like Town one nfts get
1:25:42
double the the airdrop of like the town two nfts plus like a bunch of other benefits so
1:25:49
the economic benefit of those is yet to be seen and uh one of those games are out right
1:25:56
right now it's just it's just selling out of Tears is that really what it is yeah they just haven't done
1:26:01
like they've sold the dream they've sold the dream well there's also orbital apes and they
1:26:09
have gotten specific air drops for them from like territory and I think one other chain so they've also made some
1:26:15
profit off of that yep to say nothing else right on that most yeah yeah yeah
1:26:24
[ __ ] is shade come on let's go
1:26:30
I mean sir service is shittiest change for me makes like the servers started
1:26:36
kind of it's gonna sound awful their expectations were low right so it's
1:26:42
difficult to call it the shittiest changes because it didn't do anything because the expectations wasn't going to do anything right so it's definitely like there's
1:26:50
definitely shitty a chains that like person yeah and plus there's like a there's like people actually care about
1:26:56
that that person yeah I wasn't gonna get into that I I wrote I wrote I wrote Sif
1:27:02
chain and the reason I wrote Siff chain was just from the just the governance cluster [ __ ] to the ownership to
1:27:08
somebody just finally walking away and shutting it down like not even like having a like having the like just leave
1:27:15
it up until the community like at least you decide what you're going to do with it or you find somebody to hand it off but just to turn the [ __ ] thing off
1:27:21
be like ah [ __ ] you like look that was I think that's it that's pretty it's a
1:27:27
Brave movie you take you take other like shitty chains um like [ __ ] Sentinel sentinel's
1:27:34
broken doesn't do [ __ ] got no point they have a chain still there just [ __ ] turn it off
1:27:41
sift chain and Echelon I think those are my two shittest chains of the year that's where they call that guy they're
1:27:47
calling names on Twitter and [ __ ] like [ __ ] yeah or whatever it was yep that's the one and he started throwing racist rants around evm yeah
1:27:56
yeah Echelon I think was like the second EPM chain to pop up after Atmos is this
1:28:02
still around or is it gone oh no it's still around the the founder guy he messaged me like a week ago or recently
1:28:09
and he was like hey how can I get back into your good graces I was like no I'm not even gonna respond okay
1:28:19
what's the line from the the end of the second series of the thick of it uh
1:28:24
oh I know what you can do you can write this down you can go go find a hostel
1:28:31
nearby uh get into a bathtub and take an overdose of barbiturates how does that work for you
1:28:39
well I think Rama was the one that uh that bro I wanted that to lay right or was that uh CRX 360 or whoever about the
1:28:48
echelon craziness yeah yeah yeah I don't remember it was it was pretty ugly it
1:28:53
was it was fun though that's all right that's a good that's a that's a good one I think Romer in the
1:28:59
chat even shouted out asset mantle which I was like yeah is that even a chain that launched yeah
1:29:05
really not a launch this year what what do they do upset Rama
1:29:13
uh they're one of those circle jerk of [ __ ] chains right yeah
1:29:20
yeah so he called it
1:29:27
Circle staking Circle staking Circle staking that's right sorry professional circles taking
1:29:35
um how are we gonna get to a winner on this one this is gonna take forever
1:29:43
[ __ ] change to vote on we need like a dow just to vote in the worst [ __ ] chain yeah it's difficult this one isn't it I
1:29:50
mean I mean total grab bag of chains you can Chuck into a nice [ __ ] [ __ ] chain ETF
1:29:55
echelon's my number one because I think it's the one that started the Exodus and making it okay to leave a chain sift
1:30:00
chain things are going awry but still people didn't leave it Echelon people were like all right I guess this is the
1:30:06
time we're actually leaving now yeah and soberis had a proposal that was drag cut
1:30:13
or it's back to hell I mean so good that's good though like that I'm I'm
1:30:19
down like that's not that's a that's an opposite [ __ ] chain type of move I think right I agree I don't think that's a
1:30:25
[ __ ] chain type of type of thing turning the thing off is a [ __ ] chain move that's like [ __ ] you just shut the
1:30:31
website down there at least they had a proposal let's kill this thing yeah okay fair enough
1:30:36
um I guess I guess there's two there's two times on there there's the
1:30:41
promise a lot deliver nothing which is either scam or foiled ambition and then
1:30:47
there's um there's the other one right which is that you kind of promise nothing do
1:30:53
nothing so like what [ __ ] what [ __ ] is it
1:30:59
tis it is better to live by the slings and arrows something something great
1:31:04
fortune and then lost uh sift chain or better to you know just
1:31:10
be [ __ ] from get-go like kerberus I don't know I think it's
1:31:16
I think it's a former that's the definition but but there's still how many we have like at least a
1:31:23
good 10 or 12 . oh Galaxy meme change shouted out by soy T Studio somebody else shout out dig
1:31:28
Did dick ever do anything whoever says dig your digging going down
1:31:35
your throat for that something started and produced empty
1:31:42
blocks for a year so is that yeah yeah yeah is dig still running
1:31:49
I think it's still around yeah yes okay does it do anything
1:31:55
it makes blockages empty blocks I mean that's the same there's a lot of chains in the bear Market let's be
1:32:00
honest um I mean all of the circle staking chains presumably just create empty but hey
1:32:06
speaking of Jades that do nothing keychain that does nothing right keychain
1:32:12
uh well it does nothing to the public eye like there is they've got their own
1:32:19
platform that they run with their investors it's that it's not like really much of a community based thing well and
1:32:26
they are they are um developing some sort of card game I don't remember it offhand but they do have things actually
1:32:33
in the pipeline and actively being developed so if we're looking like their GitHub activity um
1:32:39
I wouldn't call it a shoot chain okay fair enough Fair
1:32:44
um okay it's not universally liked by everyone but they are different stuff we're gonna need to make a call on this
1:32:50
one so I'll go with Echelon I kind of I agree with I like schultzy's call ah kids
1:32:57
I could I could say I could I could agree with Echelon because that was that was a pretty big show yeah
1:33:04
um okay Echelon share this chain of 2022. let's go
1:33:10
all right we down to the last one I think we've got two left we've got uh
1:33:16
adding more as we're typing maybe no no no line 22 lineup row 22
1:33:22
B22 if you like on the spreadsheet best oh no wait that was best Tombstone I'm
1:33:28
an idiot we've already done that one um oh b23 yeah best all-round drama of
1:33:34
2023 2023 2022 oh that's all around drama I mean prop
1:33:41
16. it's just there's no comparison there's truly no comparison the only thing that could make us like go to
1:33:47
lawyers and be like listen are we all going to jail and for the Glorious the father yes
1:33:55
I oh my God like the the existential oh this is it
1:34:01
provoked as well where it's just like but really what is regulation I was angry at you
1:34:08
for even having this as a category just now like you're just saying that as a category just made me almost [ __ ]
1:34:14
instantly angry sorry oh that's like that's that's the provocation of prop 16 internally now is
1:34:22
just [ __ ] makes me angry well okay and then and then coming out like the
1:34:27
whale does all this research and finds that wolf contract was the one that was actually selling on everyone so good
1:34:33
that's pretty funny oh and then publish a YouTuber their private chat because it turned out that they had an existing
1:34:39
agreement where right they were basically bankrolling [ __ ] and it was it was so sketched the whole thing just had
1:34:46
like twist and third off twist and turn and they never like they followed through with everything the fact the
1:34:52
fact that the whale always like kept consistent and then it would like turned out like wolf contract was the villain
1:34:58
all along [Music] it was it was wild like the the whole
1:35:05
the whole insane I I had such a nervous break like it
1:35:11
wasn't even a nervous breakdown because I felt like at the time I was still fine but in hindsight like yeah just like I
1:35:17
look back at some of the email conversations with the lawyers and stuff and I was just like but but this is this
1:35:23
is yeah this is just boys would be boys it's a lot of sheds and stuff and they've just been like you need to
1:35:28
really seriously consider your exposure to blah blah and I'm just like really you know and like you look back at it
1:35:35
you're like oh my God that was just everybody was was in a high stress state of Mass delusion on it like I think out
1:35:44
of everybody you were stressing yourself out way more than anyone else like I remember
1:35:52
just the group chat and you're just like so [ __ ] stressed out that's not a
1:35:58
good time but also you had to like I think yeah you know there was the whole like having to program side of it as
1:36:03
well but just the whole thing I remember was just [ __ ] it was quite a lot as well of behind the scenes having to get
1:36:10
people to even work together like the the unfunny bit of it was the amount of
1:36:17
actual genuine into Nissan Strife it created like in a really meaningful way
1:36:22
that took a lot of a lot of
1:36:28
mediating to even take because I think from the beginning of
1:36:33
the prop 16 drama to when it even looked like we had a way through was three and
1:36:40
a half weeks and in that time the token price tanked and then we got hit with the Cyber
1:36:46
attack at the end so we had just about worked out that the path forward might be
1:36:51
uh we might actually be able to implement the idea of uh this might be a smart contract way out of this yeah um
1:36:57
blockage and then we got hit with the Cyber attack and then that threw up a lot more shouting and screaming and
1:37:04
stuff again for the next four weeks so it kind of all blurs into one where there's just this period from like
1:37:10
whenever it was March the 10th or something through to about the 20th of May
1:37:16
where there's just like two and a half three months of just seven days a week
1:37:21
absolute bloodbath really in hindsight well it was the harbinger of the bear
1:37:27
market for the cosmos right So Not only was it this drama it was also
1:37:34
suddenly the price drops fifty percent I mean I feel like it might have been a little bit coincidental but yeah I think
1:37:41
the big problem is is that that did happen and they coincided very closely
1:37:47
together and I think that a lot of people blame the whole [ __ ] drama for
1:37:52
like the downfall of Juno but I keep saying to people it was the [ __ ] it
1:37:58
was the community's will like you know everyone was on Twitter screaming for
1:38:04
whale blood and just being completely [ __ ] unreasonable and now it everyone
1:38:09
look reflects on it and goes oh the [ __ ] devs and the validators like
1:38:15
like no [ __ ] hell man this is just not the way it happened like people have
1:38:21
completely changed the whole [ __ ] scenario in their heads it's weird
1:38:27
yeah but then you know the flip side of it is that there are a lot of fundamental problems with dpos and
1:38:34
governance and something like that was going to happen it just happened to be that was the
1:38:40
thing you know and like in hindsight it's also true that it
1:38:46
needed to happen and it needed to and it was going to be a bloodbath
1:38:52
I think what the extent to which it got out of hand the Cyber attack then the
1:38:59
just all of it really um it it was what it was probably worse
1:39:06
than it needed to be but something like it was going to happen and arguably needed to happen you know with the bet
1:39:13
well I say with the benefit of hindsight um but it probably is the best all-around drama though actually Rama
1:39:21
has brought up a good point bro prop 82 Nazis
1:39:27
Etc um which I guess like is there is also a
1:39:33
much more kind of because the whale thing you can argue even a lot of the people who acted or screamed at each other and back in
1:39:40
somewhat bad faith at times we're just very passionate about subject
1:39:45
and there was a lot of bad faith arguing there were a lot of people who just got caught up in it as well
1:39:50
there is a much more Insidious thing that has been kind of sort of bubbling
1:39:55
along the surface for all this time and a lot of the time was kind of just not present which like came to the surface
1:40:01
with all that sort of stuff which is oh my god there are people just walking behind you know that's so funny
1:40:07
um they're just checking their phones uh they're completely oblivious to anything
1:40:13
that's going on around them as well maybe as to being on the premiere technical property ecosystem
1:40:20
um those three people best bystanders of 2022. um but actually there's been this storm
1:40:26
brewing about essentially anti-Semitism in the cosmos ecosystem
1:40:31
uh that did come out quite ugly towards the end of the year as well
1:40:39
and I don't think I would vote for this as best drama because it is very ugly and it's not fun and we try to kind of
1:40:46
do something a little bit of fun but I guess that does need to be acknowledged which is that
1:40:51
yeah the cosmos is a rudderless ship and the you know at least from a from a
1:40:58
from a kind of high level it would be a it has the opportunity to be a lot better if they weren't essentially
1:41:04
trolls at the top of the funding hierarchy the organizational hierarchy
1:41:11
of the original organization that birthed the ecosystem something like that don't know quite how to phrase that
1:41:16
but that's what that entire you know episode showed so perhaps
1:41:23
anyway moving on could we could just call perhaps 16. yeah that's the winner
1:41:28
could score the prop 16 yeah okay right Let's ignore the rest of this okay so um you know before they were
1:41:36
trying to uh get uh ramad actually come on with us and he was complaining that he couldn't do it because he was like
1:41:42
yeah with his family yeah and I just wanted to point out again although I did this earlier on when Rama wasn't here
1:41:48
but Rama I've gone to this type of effort I'm in a [ __ ] Park in some
1:41:53
town I drove an hour this morning to get here away from my campsite so that I could come here so I wouldn't miss an
1:42:00
episode oh my god look behind you look behind you now look behind you
1:42:07
it's Rama it's not a lot it's not rather
1:42:14
all I'm saying is that Rama couldn't have been bothered to go to a park bench
1:42:19
somewhere to jump on the show right now he's going to miss out on
1:42:25
those sweet Community funds that we're going to put in for eign
1:42:38
[Laughter] the answer is always a doubt the
1:42:46
question is the question is not do you need a doubt the question is when do you need it out
1:42:51
um right the question should be why is this not already Dao followed by is this
1:42:57
already a dial um what the dial can do for you ask what you can do for the Dow
1:43:05
wait can we put out we should we need to redo our Twitter poll we need to read it out of merch options
1:43:12
so Rama by the way says null show me your unhappy wife and child I left my
1:43:18
unhappy wife and screaming child at the campsite
1:43:25
and like they're beating people up in the background it's so weird it does look like a green
1:43:31
screen but we know it's not it's definitely real it's just it is very because of the lighting
1:43:38
difference it's [ __ ] daylight as [ __ ] out there and I'm in the shade so yeah it just looks like it's painted on
1:43:44
it's it's the effect it's been freaking me out the entire podcast it's really uncanny really really it's quite
1:43:51
something yellow enough either it's all [ __ ] up yeah I mean yeah where's the yellow yellowy tip of wicked right
1:43:58
um okay final question then is yeah three three best and three worst moments
1:44:03
of of 2022 they can be anything in the cosmos uh moments business decisions
1:44:11
like I'm just a general like things you want to call out I guess uh
1:44:18
so well coming up with three is is hard on the spot but I think for me like
1:44:26
um starting my first validator validator was probably my biggest moment in the cosmos in this well I mean that wasn't
1:44:33
even this year like the end of last year [ __ ] I don't know yeah yeah you know then
1:44:39
uh okay well I'll kick it off with one of the best of me was the relaunch of Juno after the first Cyber attack I
1:44:45
think that was the way the team pulled together the validators and everything like that like it was like I think
1:44:51
regardless of anything that happened this year Not only was that like kind of cool and awesome and but I think
1:44:58
like it's one of those things that shorts he was talking about before the show was like whatever you look at having happened this year there's like a
1:45:04
huge amount you can learn from it and I think like absolutely you know best things
1:45:10
um would be like the the chain relaunch and then how smooth when we got attacked the
1:45:17
second time how smoothly that when we had to relaunch the second time was like directly related to that
1:45:22
um so I'm going through my second one out there would be the people I think that you know we've worked with I think
1:45:28
particularly obviously I'm biased towards this this podcast and the validators that that we all kind of work
1:45:34
closely together or even though we don't we should in theory be competing but I guess we sort of help each other out with advice
1:45:41
and stuff like that and also just having somebody that even understands the craziness of this life I think it's also
1:45:48
kind of group therapy isn't it so I say yeah if we're doing best of the year it'll be you know in no particular order
1:45:55
Juno relaunch the validators the validator gang the group chat and
1:46:02
the third best thing would be I know it's shitty but where do you see a tombstone that is enjoyable
1:46:09
[Laughter] uh I I just they're just funny and this
1:46:16
is the thing I know that Karma means one day it will come for me you know ask not who For Whom the shitty clip runs on
1:46:23
game of nodes because it also will run for thee but I just it there is
1:46:28
something about yeah we've talked so much about whether or not we should even have tombstoning but there is something inherently tragicomic about the whole
1:46:35
thing and yeah I I love how much you love it I
1:46:40
love how much you love it that you made a [ __ ] a meme like clip
1:46:46
just so you could run it every time there's the same Stone I love how excited you get when there's a new tombstone
1:46:52
wait who was it where was it I'd be [ __ ] yeah we've got tombstones
1:46:58
I think I think when you're just externalizing your own anxiety it's more a joyful experience that's my uh that's
1:47:05
my theory on that one okay so there's my there's my three anyway all right I know the middle one's a bit soppy so you know
1:47:10
[ __ ] off your wankers well I agree like uh you know I think one of the best things is about
1:47:17
the community and that's specifically you know the validator community
1:47:22
the group chat this show I think is a big big one for us this year
1:47:27
um we're [ __ ] 44 episodes in Lads 44. three [ __ ] 43 again
1:47:36
I would throw in another Juno one uh what is it uni the transition from uni
1:47:42
one uni to the boot camp that like eight of us went through and half of us Tombstone during
1:47:47
that was a lot of fun that's one of my favorite too I always reference it because at the
1:47:53
time it felt kind of stressful but I think whenever all this internalized that we're just kind of like
1:47:59
we're basically doing a boot camp and we're kind of experimenting that's whenever I think validating the business
1:48:04
kind of turned from kind of a hobby thing into more of a professional interest to me because then I started to
1:48:10
have a better understanding of like how the different slashing types Works what to look for how can I debug the actual
1:48:15
logs what's going on here um and so that's a huge transition point for me and I think it was for several of
1:48:22
us and especially with the connections that we made afterward yeah one of the big things is she'll do
1:48:28
that so many people haven't gone through that boot camp yet yeah yeah yeah that'd be on my list too I
1:48:36
think that that uni won through whatever we did five Genesis within three or four
1:48:41
days 2021 though it was 2021. that was it really that was the stuff no are you
1:48:46
talking about the year starting you started
1:48:52
it was three weeks in December in in Advent uh 21. hence why there's the the
1:48:59
the block pain poem oh yeah right right right dang it all
1:49:06
right I I take it back then all right well some of that was in January right
1:49:12
um no that that was really I think that was that was right that actually started building what I always thought coming into this ecosystem that the validator
1:49:18
crew was a bit cold um or in other ecosystems there's a lot more communication and whatever else in
1:49:24
this one was much more kind of [ __ ] you I that's why it kind of introduced into it and people weren't really that
1:49:29
helpful I didn't think um and maybe it's because of the competition within the set which I which is different than other maybe some other
1:49:35
ecosystems um and then Juno that Juno testnet changed all that I think that for me it
1:49:41
did it like it it separated who was helpful or who it wasn't it kind of broke down some barriers
1:49:47
um it allowed people to understand who they were um like as a personal level versus just you know a moniker
1:49:54
um and I thought I thought it totally changed my opinion and and those types of things um so I'm sad that happened in 2021
1:50:01
because I totally thought that happened this year
1:50:07
um so I thought I that was one of my favorite moments even even the even the time even though the stress around uh
1:50:14
and variant checking and all that kind of stuff that was still something memorable um because I know you guys are understood because I wasn't part of the
1:50:19
dev team so I didn't have to worry about that stress but just the kind of going through that I thought was really memorable and fun and one of the best
1:50:25
moments um game of notes definitely I think that's this is on my list for sure I thought just get yes decide we talked
1:50:32
about it for a while before we actually did it and um I think it was Nell who really pushed it over the cliff yeah to do it because
1:50:39
we were more joking about it before Noah was actually like let's do one next Wednesday right I
1:50:46
think yeah we talked about two I think on a phone call beforehand and you finally you finally were like let's let's schedule it and we did it right
1:50:52
and then suddenly there's a stream yard and then we're live on YouTube well once there's a [ __ ] once there's a
1:50:58
spreadsheet there's no turning back there wants a spreadsheet that's right it's a game I think this would be number
1:51:04
two for me for sure third one I don't know I I I um I do a lot of work on the stargaze team I thought that was a real for me
1:51:10
that's more personal than as a group thing but it's been a really great experience this year um I've just learned a ton around
1:51:16
learning running some larger things at scale and kind of fault redundancy and other types of things it's been really
1:51:21
good to take some history and put it into practice so that's been really a best moment for me this year too
1:51:28
nice I just want to read out for posterity block Pain's poem from the end
1:51:35
of the astarty test net so we've talked about this on the show before the starting tests I think there were five of them in the end in three weeks
1:51:43
um to get Juno ready to launch cosmoasm because Juno launch without it because
1:51:49
Cosmos wasn't ready yet and it it stabilized in uh just after Juno's
1:51:54
launch and we tested it for two months and then ultimately launched it on I think the 16th of December and
1:52:02
um on the 12th of December 2021 um uh block painting wrote this little poem
1:52:10
on the 12th day of Christmas Juno gave to me 12 days of testing 11 the starting validators 10 golf proposals 900 Juno X
1:52:18
tokens eight new releases seven test net hard Forks six gen TXS five percent bin
1:52:25
commission for a starting networks three gas adjustments two IBC fixes and a Wasa
1:52:32
module in the git tree
1:52:40
it was perfect um
1:52:47
gonna get true [Laughter] that's awesome
1:52:52
um yeah so and then I I guess you know to the negative side of it I think the
1:52:58
three the three worst are probably closely tied to uh to to some of the the flip sides of those things so I think
1:53:03
the for me it would be the um
1:53:08
the negative stuff around property scene like something that's funny in hindsight but actually like the negative stuff was pretty bad yeah the there was some
1:53:15
financial implications all that stuff it's kind of lame to talk about but that kind of sucked
1:53:21
um the Cyber attack although in the end I think it made the chain stronger when it actually happened uh my pages started
1:53:27
going off while I was spending the first quality time that I was spending with my dad after covid in like two and a half years
1:53:35
um and I basically had to go oh what the [ __ ] this oh we need to immediately stop what we're doing and I need to go
1:53:43
back to a desk where my laptop is immediately and we were like two hours away from my laptop which is probably
1:53:51
one of the last times I was ever two hours away from my laptop um so that was really hard I think for for
1:53:57
both me and my family and that I I think from talking to other people I think as well like the the rush of like the bull
1:54:06
and the collapse into the bear has also been like not there have been moments I think for everybody it's been full time
1:54:11
or like you know working in some cases like working six seven days a week on this stuff in the last year
1:54:17
um I think that's also taken a toll on people's like mental health and families and stuff like that and I think that's the other though that probably is the
1:54:24
other two right there worse things are just like I think work-life balance is very very
1:54:29
hard to do as either a Dev in this ecosystem or a validator because if you're a Dev you have to launch while
1:54:36
times are good if you're a validator you're kind of second guessing everything and trying to work hard to
1:54:44
take the edge off the risk but actually what you realize now we can see clearly now in hindsight is actually it doesn't
1:54:50
help you at all um you know it's beautiful or that it's largely beyond your control I suppose
1:54:56
which is maybe that's maybe a final good thing I guess I would take is the perspective of
1:55:01
actually you could have had the work-life balance all along because when the bear comes you know
1:55:08
cue When the Levy Breaks by Led Zeppelin yeah and there we go
1:55:14
so for me I think definitely hit the nail on the head the abuse of prop 16. it was terrible to see
1:55:23
I hated it and it just made that whole time that whole couple of months just [ __ ] [ __ ] to be around
1:55:30
and it's yeah just specifically the abuse out of it is just completely [ __ ] unnecessary and the way people
1:55:36
were acting was just absolutely [ __ ] out of control and I hated it
1:55:42
um number two would be trying to figure out tax is just [ __ ] annoying I hate
1:55:48
it um but possibly from like a different perspective like looking at it
1:55:54
holistically for the cosmos in the community probably the number one worst thing
1:56:01
um to come out of this year was the collapse of UST and Terror I think that hurt just so many [ __ ] people it's
1:56:07
not funny yeah um and that guy should be in [ __ ] prison but anyway
1:56:15
yep yeah I digress I'll go I I agree with all those I the
1:56:21
other ones I I think some of the worst of this year has been just um community pitchforking on different
1:56:28
types of things with a lack of information or not having the whole story and everybody kind of teaming up
1:56:33
in some sort of way I think that the the judge jury execution or structure within Twitter and the cosmos seems to be
1:56:41
um I don't know if it's Unique to the cosmos but it's definitely Amplified I think would be a good way of saying it
1:56:48
um and we go we joke about like you know biggest [ __ ] poster and all that kind of stuff and some of that is healthy and
1:56:53
some of that is really negative um and I think overall um there has to be a level a layer of
1:56:59
trust within the projects that are within the ecosystem and and some of the personalities that come along with that
1:57:05
and when you start adding this layer of horseshit on top of it it just just means that nobody knew was coming into
1:57:11
this ecosystem or that they look at it and just look away from it and so I think the
1:57:18
that has a pretty negative impact across uh the kind of the rising tide situation
1:57:24
which means that um that the more of that negativity and the more of that
1:57:29
kind of pitchforking aspect people just kind of walk away from that um or they they you know look at other
1:57:34
opportunities to be able to place bets within within crypto so um that that I think is a pretty
1:57:40
negative thing I think it's it's grown um and the bear doesn't help with that right that kind of amplifies a bunch of
1:57:46
things as well but it's something that that I think is overall uh just I don't
1:57:51
know just something I wish it would kind of ease off a little bit it's kind of not a great thing within it and some of
1:57:56
that is like I said some of that is healthy and I think I think online ribbing and being honest um and being
1:58:03
and you know wreck news and those types of things I think are good those are those are positive things in the ecosystem but just like trash cocking or
1:58:09
whatever else is just annoying um UST for sure is number two the third
1:58:14
one the worst this year oh man I don't know
1:58:21
I don't know I'm not sure if it's if it's just the um some of the
1:58:28
um I don't know actually you know I don't know if I even have a third one I want to look going back to the positive of it
1:58:34
there has been a lot of good launches this year there is opportunity that does exist
1:58:40
um and there is a tremendous amount of stuff being built it's just a matter of if we get past some of these challenges
1:58:47
and kind of start working towards the future yeah um I think that I I think the UST dying
1:58:55
was the worst for me just because I had so much of my basically emergency fund tied up in it
1:59:01
um and that also led to you know laying off five four people
1:59:07
which wasn't fun it's the first time I'd ever had to do that um
1:59:12
and that was really tough that was that was that was an extended experience um
1:59:18
having to deal with you know the ramifications of that you know how to have a strong conversation and make it
1:59:24
not a horrible thing that they're being laid off how can I provide support still now granted they were never full employees um it was it was like a
1:59:32
contractor type of thing um but you know I I tried to run my business
1:59:38
try to run my business in a well holistically heal some way so I want some my my employees to have you
1:59:45
know some level of some little consistency or my contract have some level of consistency and to lay them off
1:59:51
was that was really tough um prop 16 was also we always talked about
1:59:58
but that yeah going back to like how visceral people were um lavender five all of us that were in
2:00:05
in laborator five then all of us were being called up personally on Reddit on Discord on Twitter in DMs
2:00:14
and a lot of people have not so nice things to say and even after I put out my our statement about like well here
2:00:20
are all the things that have happened and this is why we don't feel it's right to really vote on this at all we voted
2:00:25
abstain it just got 10 times worse even after writing you know 10 000 words or whatever this that I wrote
2:00:32
um that wasn't fun and I don't know that I've ever really recovered after that after all that anger and hatred because
2:00:39
before one of my favorite things about the cosmos was the community right that is so positive and pretty uplifting and
2:00:46
then suddenly like that community that was once positive really showed a different face and
2:00:53
that's hard to recover from uh third
2:01:00
I'm not sure those two are just they're they stick out so far in my mind that it's hard to come for third one really
2:01:10
okay so someone up there we've got best
2:01:15
Gina restart validates community and some discussion about the third one and the worst we've got online abuse and the
2:01:21
UST collapse we can just do two and two yeah
2:01:27
it's good too deciding on the final one is is splitting hairs I think
2:01:33
um but uh yeah that's we we come to the end of our
2:01:40
of our regularly scheduled um spreadsheet based fun we've obviously
2:01:46
uh done a slightly longer episode today because it is our it is our end of year one
2:01:52
um I think you know we've got some more a couple more things just to cover off before before we end the show
2:01:59
um but you know I think just back to I guess a bit the conversation
2:02:05
we were having on the group chat before we we jumped on the call and stuff today like
2:02:11
kind of back to what shows you were saying there I think like all of us are hopefully not speaking out the line here
2:02:16
are saying that all of us I think have learned between all the good and the bad there
2:02:21
like probably I think this has been the biggest year of of kind of learning and growth
2:02:28
I've had professionally um and now having a bit of time especially in the bear market and having
2:02:35
actually first week off which I intend on continuing through into next week
2:02:40
um borrowing any major fuck-ups it is all the more obvious how crazy
2:02:45
this year has been like in all the good and all the bad um and it's and it's kind of astonishing
2:02:51
as well I know that obviously we all came into this Eco at slightly different times but I think we're all
2:02:57
broadly 2021 middle of 2021 ish
2:03:03
um I like the fact that this is kind of like uh 18 19 months into like I think I
2:03:10
think technically um yeah I mean since like March last year
2:03:15
my main focus has been has been the cosmos ecosystem so it's been
2:03:20
yeah 2022 has been a lot crazier than 2021. sure
2:03:26
um so you know I guess that's like I would like to just you know again reiterate that like uh
2:03:32
with a bit of Ben with a little bit of reflection um it's a pretty I think we've had a
2:03:38
pretty incredible ride and doing this podcast has been one of the absolute uh the absolute best bits of that so I
2:03:44
want to say that again you know uh in the best of it's got to be game of nodes so I'm going to put that in as number
2:03:50
three like And subscribe
2:03:56
according to game of nodes the third best thing about the cosmos ecosystem
2:04:03
and the third worst thing about the cosmos ecosystem is all of the other
2:04:08
little [ __ ] podcasts that come out game of nodes because if you come at the king you best not miss
2:04:16
no Twitter spaces at 2100 UTC by the way no Twitter space it's a store clear Rama
2:04:21
yeah quit that [ __ ] hey this is our time slot there's 168 hours available during the week this is we're only
2:04:27
asking for one and a half on this occasion too uh
2:04:36
so yeah um so and soy says in the chat soy T
2:04:41
Studio says you know based on that [Music]
2:04:49
foreign [Music]