ArcBlock

ArcBlock

Video Timestamps:

00:00
welcome to the show everybody it’s the
00:01
crypto lark today I got the chance to
00:03
sit down with the CEO over at arc block
00:06
to discuss their upcoming token sale and
00:09
to discuss their project of building a
00:11
block chain ecosystem for building taps
00:14
before we get into all the details of
00:16
that interview a quick shout out as
00:17
always everyone who has been hitting
00:19
that like button in the course everybody
00:21
who’s been subscribing to the channel if
00:23
you’re not subscribed to the channel yet
00:24
make sure hit that button down below to
00:25
stay up to date with all of lays in the
00:28
crypto space furthermore this is of
00:30
course not professional financial advice
00:31
this is just a dude talking about crypto
00:33
currencies on the internet this is an
00:38
ICO please do your own due diligence
00:41
before investing your own money because
00:44
there is always a certain amount of
00:46
inherent risk in investing in any ICO
00:49
please know the risks before getting
00:50
involved furthermore the team at arc
00:54
block has reached out to me due to a
00:55
sponsored interview however I have a
00:57
course deserved the right to ask all
00:58
kinds of tough and challenging questions
01:00
so let’s get into it
01:02
welcome to the show everybody super
01:05
excited to have with me today Robert Mau
01:07
he is the CEO and chief architect over
01:11
at arc block welcome Robert now for
01:21
anybody who hasn’t heard about arc block
01:23
yet can you tell us the short version
01:26
what is arc block so art block is a
01:31
platform an ecosystem to help developers
01:33
to build and deploy you centralize that
01:36
patient build on top of the blockchain
01:38
so art block itself is powered by block
01:40
chain itself and we hopefully to use a
01:43
blockchain to create this kind of
01:46
incentive based ecosystem to encourage
01:49
all the different developers to work
01:50
together to build a platform that is
01:53
powered by the community not controlled
01:55
by a big company or a big enterprise
01:57
bigger organizations that’s our vision
02:00
awesome awesome the the promise of
02:03
decentralization right to move the power
02:05
away from the giant players basically
02:09
now look there’s already a lot of block
02:11
chains there’s already a lot of people
02:13
you know doing gaps how do you propose
02:15
to improve on what’s already there yeah
02:21
so today so basically there’s so many
02:24
different kind of block chains so
02:26
there’s a quite a few every as new
02:32
technologies coming out so from our
02:35
Claus point of view we first we
02:37
recognize there’s a lot of problem today
02:39
so it’s a great concept but it’s just
02:42
not ready for the general public or the
02:44
consumer use it yet from the other hand
02:47
we believe in all these talents right
02:50
work on different blockchain technology
02:52
there everybody I tried to solve the
02:54
problem so as Bachrach we decided to
03:00
basically working together with all the
03:02
major watching acknowledged loved to get
03:04
their wisdom so instead of building a
03:06
new blockchain our new protocol we try
03:09
to build a computing platform that can
03:12
work together with as many as possible
03:14
other blockchain technology together so
03:17
if they’re focused on the blockchain put
03:20
it to itself and we focus on how to make
03:23
the developer easier to build and deploy
03:25
applications he’s just a cat it is a
03:29
bigger vision that we think we need to
03:30
work together with everybody ok
03:33
fantastic so essentially this is kind of
03:37
you’re working towards blockchain 3.0 is
03:40
that correct yes we we kind of a naming
03:46
ourselves as one part of the Box history
03:48
vanilla
03:48
so actually blockchain 1.0 2.0
03:51
street-corner is not just that it’s not
03:53
the concept defined by the US it’s a
03:56
concept that has the around for a while
03:58
usually people think 1.0 blockchain
04:01
they’re just watching that that only
04:04
designed for the cryptocurrencies such
04:06
as a big point function point o are
04:10
developed when people try to you know
04:13
put applications other than the
04:16
Kryptonians on top of it so note body
04:19
one of the first from gen 2.0 is part of
04:22
point which is my chip tightest guavian
04:25
channel
04:26
is one of the biggest to know to create
04:29
the standard and the implementation with
04:31
in with the car parts but the car coin
04:34
technology itself is not palatable it’s
04:37
not a revolutionary enough because it’s
04:39
based on the Bitcoin it has its own
04:41
limitations that’s how he theorems
04:43
coming out so he theorem is really a
04:46
revolutional idea they appeal this they
04:50
basically allow the code to run on the
04:54
block chains even so that makes the
04:56
etherium our representative Broxson
04:58
technology today as a 2.0 acknowledge we
05:02
all see the problems right now recently
05:04
what happened to those second-generation
05:07
block chains because essentially when
05:10
you try to build application that is
05:12
useful for tumour users with the general
05:15
public it needs to be high performance
05:18
if you cannot gatsby for every clip and
05:24
and also for a cool application you need
05:28
the unchanging and option Computing’s
05:30
you need aunt an optional resources
05:32
working all together things we basically
05:34
need something that is more than
05:37
watching itself so that’s how we define
05:39
the blockchain sweeper node and this is
05:42
how we step into this market and so this
05:45
is this is the area where you’re
05:46
stepping into that that you know
05:49
advancement really on what’s already
05:51
existing so how it at arc block what are
05:56
you gonna do to make I guess the user
05:58
experience better you know we’ve already
06:00
got the block chains out there working
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so how are you gonna bring in tools that
06:04
are gonna make it better for I guess the
06:06
end user or maybe the developer in our
06:12
white paper we actually describe the
06:14
overall architect about cloth relatedly
06:17
I think in the arc blog is a very simple
06:18
and clear design so there’s a field
06:22
critical parts one part is we call open
06:25
chain access protocol so this is
06:28
essentially this is the abstract layer
06:30
on top of the block chains you know this
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open j access protocol to goal is to
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provide another layers of abstraction
06:40
that make the developers much easier to
06:43
dealing with the blockchain technology
06:44
right so this is this part is mostly
06:46
focused on helping the developer
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experience to be better so the other
06:51
core part which is a block left at the
06:54
block lab is the framework so it’s it’s
06:56
a server it’s a micro service framework
06:58
to help the developers ezd to structure
07:01
the full applications so actually block
07:05
light itself is also mostly focused on
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improve the developer experience and
07:10
here we come the decentralized cops up
07:15
gateway so this this is the important
07:18
part for us to have the consumer users
07:20
to click to get it much easier to access
07:23
a block applications let’s say these two
07:27
this popped up gate away I got the
07:30
consumer users to be able to connect
07:32
their phone or connect the web browsers
07:34
we said no man is connected to the to
07:37
the blockchain right in today’s
07:39
blockchain applications you either have
07:41
to run loading or on your computer or
07:44
you at least need to run a light node
07:46
such a like in madam asked yeah so so
07:50
this is not consumer friendly basically
07:52
because 99% people will not know how to
07:55
use it how they use they don’t know how
07:58
to use it and the UI is not kind of
08:00
traditional they really it’s really
08:02
tough for them so with our decentralize
08:06
the hops up get away our co is able to
08:09
let the consumer users when they use
08:11
blockchain they just feel this is like a
08:14
normal application we believe that great
08:16
technology should be beautiful it’s just
08:21
like you are using a cell phone you
08:23
don’t know that there’s a there’s a
08:26
there’s that like no T’s behind
08:28
there’s kinds of tcp/ip for those are
08:31
there it only you didn’t even know need
08:32
to know that you’re switching between
08:33
powers it’s just invisible
08:35
it just works so from that part we wish
08:39
that in the generous region a 3.0
08:42
generation blocks application it’s just
08:44
invisible for the consumer users they
08:46
just know this is something that as easy
08:48
to use as the tradition
08:53
that’s great I think it’s really
08:55
important to see these developments
08:57
coming forward cuz like you said the the
08:59
blockchain learning curve for a lot of
09:00
people even try and understand what it
09:02
is is difficult and if you can actually
09:05
make that user experience seamless where
09:07
they can hop on use it and not even know
09:10
they’re using blockchain but they are
09:12
which is of course great now how many
09:15
transactions per second are we looking
09:17
at with arc block
09:18
what’s your scalability going to be yeah
09:22
so there’s two part of the arc so one
09:26
part is the blockchain is is a man
09:29
blockchain that de barbarac decided to
09:31
use so we’re not going to actually
09:34
improve anything on that part for
09:37
example if a developer decided to use a
09:38
theorem if they decide is up later this
09:41
transaction rate it is defined by that
09:45
watch itself yes you have jump in to
09:48
help is the block type itself define the
09:51
frameworks that for example when you
09:54
create this application not necessary
09:55
everything go down to the block chain
09:58
itself and with this framework it might
10:01
be able to have something computing have
10:05
some computing option before you hit the
10:07
blockchain probably have the improve the
10:10
user experience however this essentially
10:12
does not help to port for the watching
10:16
the developer event they decided to use
10:18
from the other hand our clock has a
10:22
native to consistent that happens around
10:24
on top very high performance blockchain
10:26
but that watch chain is only for is only
10:30
for the ubiquitous and the native
10:32
chickens that inherit from the clock it
10:36
does not it does not actually there’s no
10:38
application layers on top of that so
10:41
that blockchain has a very high has a
10:44
very very high transaction rate very
10:49
cool now and what about gas fees I saw
10:52
that you’ve got a system where it’s the
10:54
designers who end up paying the gas fees
10:56
not the end-users can you talk a little
10:58
bit about that yes so this is something
11:02
that if we think it’s really important
11:03
for the any use
11:04
experience because the Gaspee honestly
11:07
for me for myself the first time when I
11:10
heard about a gas v and I need to pay
11:13
the gas tree for any kind of transaction
11:15
material it’s actually fall for me
11:19
by the sale so in our our co-op design
11:30
we instead of let the consumer pay it we
11:33
decide to let that let the developers
11:36
who run up agent page so this is
11:38
actually pretty typical I am present
11:40
today even you are not developing a Ford
11:43
developer even they are not developing
11:45
anything that we rated the blockchain
11:48
yes right so if the game is free usually
11:52
are using the game for free but the
11:54
developer is actually still paying the
11:56
ADA bears the cost of running running
11:59
servers with the neighbor exacts
12:02
actually is something that developers
12:03
has been dealing with for many many
12:06
years
12:06
yeah I think this is introducing the way
12:10
to let the developers pay the gas free
12:12
instead of let the end-user to it I
12:14
think this is typical and easy to
12:16
understand for the Andes also have the
12:22
consumers get a much easier and I think
12:27
that for the developers they need to
12:28
focus on creating valuable service that
12:30
makes the consumer users really willing
12:33
to pay them instead of you know let them
12:35
pay for every click or every mm-hmm very
12:40
cool very interesting I guess the
12:42
concept is a nice little flip around
12:44
because that’s one thing I thought you
12:46
know with basically crypto currencies
12:49
it’s nice for a merchant for example to
12:52
accept you know like coin for example
12:54
but you know I still have to pay this in
12:55
the light coin transaction whereas
12:57
before he would have to pay the credit
12:59
card company right so I guess this kind
13:00
of turns that model back around a little
13:03
bit now what do you have in place to
13:07
stop attacks basically on the network
13:10
how do you profess that what are you
13:12
doing to work on that yeah so those kind
13:15
of attacks so basically in the in today
13:18
because everybody can run on note right
13:22
so when you have these transactions so
13:24
basically transactions broadcasted to
13:26
make some kind of miners to to generate
13:30
that in the blocks so that allow that
13:33
open that personally opened the
13:35
opportunity for the attackers to
13:37
generate this kind of a large volume of
13:40
the invalid or kind of this kind of a
13:43
transactions in a block so so in our new
13:49
design so basically we kind of closed up
13:52
this part for consumer users or for just
13:55
Academy hacking or just the testing
13:58
users because everybody could be able to
14:00
broadcast this come transaction get have
14:02
to be serious players in the network and
14:05
we haven’t announced in the in the in
14:08
the white paper yet and actually this is
14:10
a part that we’re still picking out
14:12
what’s the right thing to do is for
14:14
people who are going to run the serious
14:16
service on the path off they Matt might
14:19
have to you know put down some some part
14:22
of a BP to make sure they’re not doing
14:25
bad things we put a security deposit UPS
14:29
essentially not finalized yet we’re
14:34
thinking what the best model was the
14:36
right thing to do so basically for
14:39
example you get is you could run some
14:41
you could use a database and then be on
14:44
Raw attacking system there but then you
14:46
will quickly get shut down because
14:48
you’re doing that so I think this is
14:51
just a similar model so that that is
14:54
basically I think in the cloud computing
14:56
or the expert and the engineers have
14:59
thought about those kind of teaming with
15:01
this kind of situation for many many
15:02
years and this is we just kind of learn
15:04
from them and apply for here okay very
15:07
cool now you’re also gonna be setting up
15:09
a marketplace within your ecosystem
15:11
what’s that marketplace gonna look like
15:13
what am I gonna find there yeah so I
15:17
think the marketing place for the
15:20
computing resources and the component is
15:23
a critical part for our design because
15:26
this is this is actually something that
15:28
set us apart from the old word that
15:33
computing platform is gooding but and
15:36
then controlled by one comma and it’s
15:39
also I think it’s also a improvement for
15:42
the for the community who build
15:45
application builder components which
15:47
they can only either make it a
15:49
commercial software components or so the
15:53
commercial model an open-source model
15:56
they each have is each have this
15:59
advantage and the problems I think that
16:03
the major problem that we see is there’s
16:05
milk
16:06
there’s no good incentive model and
16:08
there’s no incentive mechanism to reward
16:11
the people who create a great value and
16:14
so the value is always captured it is a
16:18
long hair but the value is always
16:19
captured by the head part so I think the
16:25
great part of the blockchain
16:27
is you can create a public ledger that
16:29
have a relative affair incentive motive
16:33
that that’s you know the the benefit is
16:37
captured not not only by the head part
16:39
of the long tail but also by the huge
16:41
part of the long tail part so that
16:44
encourage people try to contribute what
16:47
they can’t introduce and and also the
16:50
reputation in this kind of marketplace
16:51
is also important who are the great
16:54
developers who can create great
16:56
components host CODIS has a higher
16:59
quality is basically it’s all
17:01
emphatically juries or on the chains
17:03
right both your code not just by star it
17:08
or like it
17:09
instead they vote by they really use it
17:12
right so this is this is something that
17:14
we we see now if we can get this whole
17:18
ecosystem working I think this is
17:20
actually the single most important part
17:21
for our blog even though right now in
17:24
the white paper this is yet still yet to
17:27
be completed to finish because basically
17:29
we have to first appeal the platform
17:31
first according to running and then we
17:33
kind of folks shifted focus into this
17:36
ecosystem okay this is we’re going to
17:39
you know really folks are very cool I
17:43
like it now
17:44
you guys are bringing in something
17:45
called cloud nodes so what is the cloud
17:48
node is it safe and is it really a
17:51
decentralized service to have a cloud
17:53
node yeah I think the cloud node is
17:57
something it’s kind of a you mentioned
17:59
that we there try to we’re try to
18:05
include the build and we actually our
18:07
own team we have this kind of debate and
18:09
consideration to think about it
18:14
so what cloud build really means what
18:16
the people were saying god no D it is
18:18
but he said eventually we think first of
18:22
all what is the computer right today’s
18:25
computer for example my pops
18:27
so I’m sitting in front of a box which
18:31
is a MacBook it can do everything you
18:33
bring in a box we think this is computer
18:35
but many many years ago when I first you
18:38
know get introduced in the computer so a
18:40
big computer is actually a whole joint
18:42
of house of different many many boxes
18:44
that they connect together so today I
18:49
think from some point of view we can
18:50
just we can just sync the cloud is
18:53
actually just one computer and we even
18:56
regarding the habius is actually just a
18:58
one china computer that you can use
19:00
everybody can use and be able to put so
19:04
be able to build a new node on top of
19:07
those can cloud computing resources I
19:10
think it’s not necessary to say hey I
19:12
really want to build on top of a
19:14
physical machine or a visual machine
19:17
instead we can actually compose many
19:19
different service together and shrink
19:21
that all those service together we think
19:23
that’s it logically he’s a logical
19:25
computer right in the computer science
19:30
there they’re saying there’s children
19:31
that is saying you can always add a new
19:34
abstract layers to solve a problem which
19:37
is pretty too like I think it’s a day is
19:39
a day that clock cloud computing is
19:41
become so an amateur that you can treat
19:45
that as something that you can build
19:48
another layer on top of it so that’s
19:50
that’s how we decided the other part of
19:52
the centralization I think I really want
19:55
to share this concept that we’ve seen we
19:56
think what is is
19:58
July’s and what he said rise like so
20:00
imagine there is a bank today there is a
20:02
bank today
20:03
they’re building a system for their bank
20:05
right they can use a distributed system
20:08
they can they can distribute the
20:10
database across many different data
20:12
centers they even use tablets and the
20:14
agers and they’re only infrastructures
20:16
altogether the puter really
20:18
decentralized and distributed system and
20:21
from the engineering point of view is
20:23
completely decentralized and however is
20:27
still controlled by one band so so
20:31
centralized a system or it’s a
20:33
centralized system it really depends on
20:35
how you look at it if you look at them
20:37
from engineering point of view it’s
20:38
decentralized but if you look at who
20:40
controlled it so from the art block we
20:45
decided to we kind of are we think what
20:48
the centralization means the
20:50
decentralization means the system is not
20:53
controlled by one dominated re it’s not
20:58
about if the system is using uniformed
21:01
or can be uniform framework more like
21:05
from a centralized point of view
21:07
the city is designed right actually if
21:10
you look at the etherium it is it is
21:12
same step right every assyrian nodes are
21:14
running it’s Miriam it is very very much
21:18
centralized from the engineering point
21:19
of view however there is no party can
21:23
control you did women and the can you
21:25
know do whatever they want so from that
21:27
point it is decentralized so that’s how
21:29
we that’s that’s why we this is
21:33
something that if we are ok great great
21:37
great great now how will arc block be
21:40
using smart contracts will you be
21:42
leveraging the power of Oracle’s for
21:44
example as well yeah so the block lab in
21:49
South East had the interested in design
21:51
so cooperating South ISM is a Microsoft
21:53
service architect and it’s not a typical
21:57
the smart contract Oracle’s implement
22:00
wizard with our clock is not is not kind
22:03
of an apple to orange it’s not an apple
22:05
to Apple compared with the ebf the EBM
22:08
has its unique design or anything like
22:10
the similar to the
22:11
design has a unique design it can fit
22:15
there’s some kind of user scenarios that
22:17
you really need that that kind of model
22:19
forever for for Apple watch application
22:24
not every contract not every Oracle need
22:29
to be especially for the Oracles you
22:31
it’s not necessary everything need to be
22:33
in that so that’s how we so the Prophet
22:37
is kind of a like realistic define so if
22:40
you have an application that we really
22:42
need to have some is from a mystic code
22:45
we suggest you implement that with the
22:47
EBM with the traditional smartphone
22:50
check on public theorems or some other
22:52
projects however if you have something
22:55
that is a lot of input sauce that will
22:57
make stable data source you probably
22:59
don’t need put everything into that into
23:03
the block’ itself you can use a block
23:05
left to do that so so so which part to
23:10
put is actually totally depends on the
23:12
developers to decide we just as a
23:15
reference application mode framework
23:17
that pu the stattman kind of a reference
23:23
okay very interesting now what are the
23:27
who do you imagine using arc block and i
23:30
guess what are the use cases a park
23:34
block so our block itself it is designed
23:39
for the developers so right now we
23:41
already have a few developer and
23:43
partners their lineup and going to use
23:47
that our flock typical of their
23:49
applications so in the right now the
23:52
first patch of our customers they are
23:54
mostly some traditional companies they
23:57
want to leverage the blockchain power to
24:02
to to make their traditional fitness
24:04
better so actually there’s a part of you
24:08
also the repetitive blocks have occasion
24:10
themes they are interesting with us I
24:11
will just don’t have ten ways to to help
24:15
them at this time actually we wish we
24:19
become a better platform for any for
24:23
everybody to try visions that
24:25
that’s lunch a key part of that I think
24:28
there’s gonna be so many businesses
24:30
really moving into this space and I
24:31
think we’re seeing this every day more
24:33
and more businesses are finding out what
24:34
what blockchain is what it can do for
24:36
their companies and they’re becoming
24:37
interested so definitely you know the
24:41
use case potential is very big as far as
24:44
you know onboarding customers as you
24:45
move forward to the future and I
24:47
envisage a future where nearly every
24:49
business will be using blockchain in
24:51
some way or another now you’re using
24:54
something called algo Rand what is Al
24:58
Gore and so so essentially we think we
25:04
started from something we call the proof
25:06
of a brand randomness right so the field
25:09
of peww liking the bitcoins is consumed
25:12
a lot of electricity is an atrocity and
25:15
it is actually I think it’s a brilliant
25:18
idea that be time for watch him that
25:21
she’s related to finance and however we
25:27
move to use a blockchain application
25:30
platform so that is a huge problem that
25:33
we have already see today like if
25:34
Sirians is also planning to move from a
25:36
team table you keep us TV from the
25:39
computer science point of view from my
25:43
understanding from a computer science
25:44
point of view the pew double essentially
25:47
it is approve of RAM readiness it is
25:49
just to use the workload to make sure it
25:53
is random enough so when we wearing our
25:57
engineer is researching on this we try
25:59
to find a better algorithm to to make
26:03
sure the system is secure and also make
26:05
sure that the speed to form the concepts
26:10
can be fast enough we figure out this
26:13
kind of programmers idea and then we we
26:15
did a lot of research from the papers a
26:17
cottage and we found our algorithm is
26:20
related with a very new algorithm that
26:22
by MIT and computer scientists and we
26:27
instantly think this is kind of very
26:29
this is a very similar idea that we have
26:31
before and so that’s why we are we’re
26:34
trying we’re actually right now we’re
26:36
trying to try to adopt ooh that
26:38
algorithm
26:39
and two into the system the problem is
26:43
that it’s a very new algorithm so
26:44
there’s milk it’s not proving in any
26:48
real users in there yet so right now
26:51
we’re still experimenting the system and
26:54
also algorithm itself it’s just it is
26:57
still a framework of the whole idea they
27:00
don’t have the they didn’t ever believe
27:01
the detail will release the detail and
27:03
the code yet and so it’s sort of
27:07
algorithm but maybe at the end of day is
27:11
it’s just a some very similar idea but
27:13
not exactly the same algorithm okay very
27:16
interesting now I want to talk about the
27:18
tokens so what is the exact function of
27:20
the token in your ecosystem and maybe
27:23
can I develop my own token on your block
27:26
chains that’s something it’s also
27:26
possible yeah so our token a BT is a
27:30
very typical so it’s the only usage for
27:37
the a B key is to use a BT two to get
27:41
the service from the our clock and the
27:45
other part of the usage is when
27:47
contributing resources to the arc block
27:50
you get rewarded with that ATP mm-hmm so
27:54
the typical and simple utility to them
27:57
and this kind of a to camp is also kind
27:59
of a common it’s also common to see in a
28:03
cloud computing platform they just got
28:04
credit for Americus you have various
28:07
variants and a Windows Azure we have the
28:08
same thing but ever different is there a
28:12
credit that is probably just as
28:13
something that they build in our own
28:15
database but the our clock we view the
28:18
blockchain to kind of make this a public
28:20
ledger for the credits so that’s based
28:22
we have with our partners to to kind of
28:25
perform the trust that this is not
28:26
something that we can anybody can issue
28:28
at any time but for the a week itself
28:32
it’s a it’s just so utility to come for
28:35
the platform itself from there are other
28:38
part of you will believe for all those
28:41
kind of applications when they run on
28:43
popular our block they might need their
28:45
own token system
28:46
so today the RT 20 is is a great example
28:49
that a pompom can
28:52
this convenience eco interface everybody
28:54
who can super easily so we look at the
28:58
color point essentially the color point
29:00
is something is actually building a
29:03
tutor on top of on top of the become
29:06
watching this ICO is incredibly popular
29:11
there’s a massive amount of people who
29:14
have subscribed for the whitelist
29:15
I think there’s been a hundred thousand
29:17
plus applications for kyc which is
29:21
massive what are your plans on keeping
29:24
this fair on keeping it so that whales
29:27
don’t buy all the tokens will there be
29:30
caps gasps limits anything like this yes
29:35
so actually because the project becomes
29:39
a popular so there are so many people
29:41
wanted back on us so that’s actually
29:42
give us the ability to avoid the big
29:47
whales even better so in in our freaking
29:52
self so right now it’s a private private
29:55
to conserve exposed there’s no Pig
29:57
player at all nobody nobody can we don’t
30:02
people either allocation itself is is
30:04
try to be as decentralized as possible
30:07
as there is no big whale be able to get
30:10
the allocations at all so in the last
30:14
couple of weeks so constantly I kind of
30:17
get emails or the phone calls you know
30:20
people said hey I I want to invest a
30:22
couple minutes and I I typically say oh
30:26
thank you thanks a lot for spotting a
30:27
river you can only participate that at
30:31
most 280 HM there’s a very high there’s
30:36
a few very high-profile people and a
30:38
very high-profile investment venture
30:41
capitals we basically tell them the same
30:44
story and when we pick the people who
30:47
can participate rather than the
30:49
character I see which is mandatory we
30:51
need to pass now we put the developers
30:55
at the highest priority so if you are
30:58
developers if you are development teams
31:00
we tricky we treat them much higher than
31:04
a top-tier venture capital
31:06
so that’s that’s that’s a way we did we
31:10
did it very interesting for the future
31:13
for the public cell we’re going to
31:15
announce that we’re going to we’re not
31:18
allowed we’re not encouraged to the gas
31:20
box so we’re going to announce in the
31:22
community whoever tried to put the gas
31:26
that is way over the limit we suggested
31:28
we’re going to return we’re going to
31:31
refund their investment seriously very
31:34
great great but that’s great this this
31:36
is I think that needs to happen in the
31:38
space there has to be gas limits
31:40
otherwise it just it gets crazy it
31:42
really does so there will be a gas limit
31:44
and what’s the maximum contribution
31:46
gonna be for during the public sale have
31:50
you figured that out yet
31:51
on the web we originally decided is is
31:54
maximum in five years because there’s so
32:01
many people wanna participate and we
32:04
want to more people have the opportunity
32:06
to participate so we might we might
32:09
reduce the max path a little bit so
32:14
right now I think that our community
32:15
leaders are doing a voting and we want
32:21
to listen to the community to think what
32:23
is what is the ideal cap I think it
32:26
definitely we’re going to it gives a
32:28
little bit to make more people have the
32:30
chance to participate and I also wish
32:32
the community can understand us you know
32:35
because now we want more people to have
32:39
the chance to participate you know it’s
32:45
it’s a tough one it really is and we’re
32:47
seeing this a lot with icos now but to
32:49
be honest that I would rather have it be
32:51
fair like that then for you know Wales
32:54
to come in and buy everything up and if
32:55
Ed five was already a fairly low number
32:58
and if it goes down to two or something
33:00
like that well you know it’s you’re
33:01
actually being fair and I know some
33:03
people don’t like fairness in that way
33:06
they want to be able to buy five or ten
33:07
or twenty so that they can get their own
33:09
but I think it actually works better
33:11
what you’re doing where everyone will
33:12
have a fair chance to get some and so
33:16
good I like it I like I know that may
33:18
not be popular with everybody
33:20
I think it’s probably the fairest way
33:22
you can do it and it think it’s really
33:24
important to be fair in these situations
33:25
now I wanted to move on to some of your
33:29
partnerships and relationships with your
33:31
company so I see that you have a
33:34
relationship with cybermiles can you
33:36
tell us a bit about that
33:38
tsubame is that in the blockchain that
33:41
is try to do it for the smart contract
33:44
template for the e-commerce so we think
33:48
in the future jumping all those
33:50
applications build on top of blockchain
33:52
I think if the savvy
33:53
I think the e-commerce is strategically
33:55
important so that’s why we view the
33:58
strategy our relationship with sad Mouse
34:00
and actually use this to conceal we even
34:03
accept some of these expenditures to use
34:07
the CMP and we see our yeah very cool
34:12
now there has been a lot of fun around
34:16
specifically your relationship with IBM
34:18
and with s AP can you tell me what is
34:21
the relationship with those two
34:22
companies so from very Artyom we started
34:27
to we started to establish a business
34:29
partnership with IBM and IBM and IBM is
34:35
a so hyper later everybody in the
34:37
obligatory is a second watch and
34:40
protocol we find a lot for the open G
34:42
access protocol and the haplit project
34:45
is authority by the EMA and they open
34:48
source communities so right now to run
34:50
the hub later the easiest way is deal
34:52
with IBM cloud so from very early young
34:54
we decided to be able to we decided to
34:58
try to establish the partnership is idea
35:00
so we joined IBM on rewards program and
35:03
we become one of the color of the IBM
35:07
cloud and we also in the prof progressed
35:09
to become the IBM watch him Connor
35:13
Harbor and ship program so we we
35:16
definitely so this IBM is that is a big
35:19
honey so they have a very long process
35:21
and also bystander process – for any any
35:24
company who want to establish hard as
35:25
you deserve so we just follow the
35:27
process – starting from very small and
35:30
yeah so the inner system community they
35:32
can people combining
35:33
why IBM didn’t have a press release on
35:36
that’s why we don’t have like a solution
35:39
white papers on their website oh I can
35:42
say is we’re coming so we’re just a very
35:43
small startup we just get started and
35:45
but but we just build this kind of
35:47
relationship
35:49
step back stairs similar as they say he
35:53
as it they have this block chain to
35:56
innovators initiatives they started it
35:59
last year they also have the sa piece
36:01
box can preview have a preview program
36:04
and we participate into this from very
36:07
early on so yeah so that’s also
36:10
something that we’re working ok great
36:13
now I Steve also have a partnership with
36:17
B box key tells but about that P box and
36:21
also they’re their exchange so we
36:30
believe that exchange start with
36:33
especially the centralized change they
36:35
are extremely important in the future
36:37
and also the exchange so a lot of
36:41
exchanges are centralized so they’re
36:43
completely centralized there’s a another
36:46
few essential eyes they change they
36:47
their excuse experience terrible and we
36:51
think is it’s pretty important for us to
36:53
partnership with them to use our
36:56
technology to make their make them to
36:58
have better user experience and we also
37:01
could potentially partnership with them
37:04
to include some of the exchange features
37:07
at the part of the path on so that
37:10
another applications could actually have
37:13
the exchange features into their into
37:15
their apps so that’s why we are we’re
37:18
trying to do the partnership with them
37:19
so actually that is all only two we just
37:23
enough clear announced so you working
37:27
with people and with ether Delta as well
37:29
was that correct so what you’re telling
37:31
me is you guys are gonna be working on
37:33
making the ether Delta user experience
37:35
better that’s great because certainly
37:42
ether Delta’s lack of it in that space
37:43
without it out now I see
37:47
you’ve got your gun you’re part of the
37:50
enterprise
37:50
etherium alliance is that correct that’s
37:53
correct now I didn’t see listed on their
37:56
website yet so what’s going on there
38:00
yeah so we are we are we’re members of
38:03
the etherium and enterprise human
38:05
alliance we also member of linux
38:07
foundation and a pleasure foundations
38:09
and we join them from very early on and
38:14
they also have this kind of so they also
38:19
have this kind of suggestions that do
38:22
not wish the member companies to use the
38:25
partnership with them and during the IC
38:27
oh is that so so basically we are with
38:33
they’re going to announce us and after
38:36
we finish the pub pub Excel fair enough
38:39
fair enough I think yet I imagine a lot
38:42
of these companies to say well we don’t
38:44
want to get into the speculation process
38:46
during I cos now the guys over at crip
38:51
Atal what is the relationship between
38:53
crypto and arc block are you guys one in
38:56
the same company or are they doing your
38:58
media what’s going on there helped us to
39:07
pour the community management the
39:09
marketing they are very experienced
39:12
there’s their small team but are very
39:14
experienced in the crypto and marketing
39:17
and all those can public relationship
39:19
related fields and our blog is approach
39:23
that is anarchy so how we can dealing
39:29
with relationship you know it’s mostly
39:32
and I think there’s 52 really important
39:35
for us and I believe that maybe in the
39:37
future for any other you know
39:39
engineering focused team where they need
39:40
help I think that definitely need to
39:41
find seem like this to have them very
39:45
cool I think that’s an important thing
39:46
too I admit to like hey guys look were
39:48
nerds we get it
39:50
organizers somebody else to do the PR
39:52
because they’re gonna do it better
39:54
that’s fine now speaking of public
39:58
relations on your website there will
40:01
did lots of different articles from you
40:04
know HuffPost or whatever and some of
40:06
those weren’t existent at the time that
40:10
you listed them on your website tell me
40:13
a bit about what happened there I think
40:15
I should apologize for that so if I if
40:19
we can do that again so we definitely
40:20
will not list before the article is
40:24
going out he’s coming out and because
40:26
that’s great a lot of confusions but the
40:29
fact is we have we signed that we sign a
40:32
contract with a bunch of media’s for the
40:34
long term media partnerships and anybody
40:37
who lists their even though there’s no
40:39
articles out there but we already have a
40:42
contract to sign and see how at the core
40:44
beforehand and yeah so and also you see
40:48
that we didn’t list all those media that
40:51
have published the article for us
40:52
because there are tons of media that
40:56
actually post it and the reporter about
40:59
us we just put that as a media
41:02
partnership because we kind of have a
41:04
long term relationship with them and we
41:07
have the contract with them that’s
41:09
really sorry for that
41:10
Freitas some Confucians and that study
41:15
is we could do that better this already
41:17
happened that’s true that’s true you
41:19
know I get that no use crying over spilt
41:22
milk I suppose and for any interested
41:23
parties I think quite a few of those
41:25
articles have now been printed so if you
41:27
did want to read some of those articles
41:29
I think was at the huffington post
41:31
they’ve already published their article
41:33
and a couple the other half as well so
41:35
you can go read those now if you want
41:37
the message is community there now I
41:39
wanted to talk about your competition
41:41
now obviously what you’re building can
41:45
work with losses from block chains but
41:46
who do you see as being your biggest
41:47
competition I mean what about the old
41:50
guys at arc not our clock but ARCA
41:52
course or yo sore as a Cardno or is
41:55
aqtime or it is a theory of itself at a
41:57
threat to your competition to you so
41:59
what do you see I think right now in the
42:04
blockchain industry I think the great
42:06
thing is it’s like why the West so even
42:09
though you’ll see there are a lot of
42:10
players and the quite a few players or I
42:12
have the same virus in our target
42:14
but actually it’s pretty empty space so
42:17
you can you can just stepping and you
42:19
can you can you can you can do you know
42:21
you can do a lot of things that without
42:24
have to compete with others so if you
42:28
really want to describe it as a
42:29
competitors or there’s there’s a few
42:32
project that has a very very similar
42:34
goal that we have like for example us is
42:37
one of them they have a very high
42:39
profile project they might use a very
42:41
similar problem that we try to solve but
42:44
we just try to do things each of the
42:46
different project we just try to do it
42:48
differently or examine you as they try
42:50
to get their own public chain and then
42:53
we try to solve that with a better how
42:56
to exchange it’s only consistent and we
42:59
try to you know we instead we try to
43:00
build a computing platform that that
43:03
cooperated with many different block
43:06
chains and so our going to send but we
43:09
just choose the different paths it’s
43:11
hard to say which one is better but the
43:13
best thing is today in the blockchain
43:14
industry they’re just wide open spaces
43:19
it III really like one of the books that
43:23
is written here in the city of Mali that
43:24
from zero to R and Peter Theo say that
43:28
is competitions for losers right now
43:32
watching there’s a there’s no losers
43:35
because they’re they’re just a model
43:37
open and you have a great idea you have
43:39
great hidden you just straight you know
43:41
work on it you don’t need to worry about
43:43
and a flow to complete completely became
43:46
something that we can all devote our
43:49
time and energy to make it happen that’s
43:53
an interesting point there is so much
43:55
room for so many people in the space and
43:57
I think people in blockchain space tend
44:00
to forget that they say well there’s one
44:02
company doing energy on a blockchain so
44:06
there’s no more there’ll be no more ever
44:08
like actually think about the real world
44:10
there’s thousands of mobile phone
44:12
companies there’s thousands of energy
44:14
suppliers or styles of people out there
44:16
writing software and on and on and on
44:18
and on and on there’s massive demand for
44:20
this and the demand is at this point
44:22
unmet now
44:28
but the mission definitely going to
44:30
happen but right now is just a low why
44:33
the West if I go to the github today
44:36
what are we what am I going to find
44:38
there yeah right now in the github we
44:41
didn’t publish too much stuff yet yet
44:44
so our plan is going to we are going to
44:47
publish the opechee access protocol and
44:50
these implementations and reference
44:53
implementations after we risk which is
44:55
our c1 stage we’re going to get there
44:59
it’s not not there yet
45:01
will this be an open source project then
45:04
moving forward the open access protocol
45:08
itself we’re going to be open to us and
45:10
without the go and the longer term boy
45:13
is where we’re trying to contribute that
45:14
into organizations and then eventually
45:18
it’s not just belong to us right it’s
45:20
just something like the half later but
45:22
for the whole art clock the whole app
45:24
lock itself is not open sourced it’s not
45:26
an open source project and we’re kind of
45:29
within our own team we’re debating on
45:31
what kind of model to choose quite a few
45:35
say we think first of all I think that
45:36
the open source is critical is quick
45:39
critically important for some key
45:41
components like the protocol like the
45:43
framework architect because that’s that
45:46
makes people trust that this is
45:48
something that you can’t depend on from
45:51
the other point of view you know if you
45:53
open solves everything
45:54
that gives the opportunity for those
45:56
teams who are just want to take
45:57
advantage of the open source to quickly
45:59
create this porous look at the others
46:02
fork some bitcoins and it just create a
46:06
mess right no I think I think the open
46:10
source part of the core components and
46:11
the open source of the reference
46:14
implementations that gives that the team
46:17
that’ll be the great with the great
46:19
capability because they don’t need to
46:21
steal your clothes they don’t need to
46:22
read your clothes they can just based on
46:24
this they can build their own even a
46:26
better solution that joined them joined
46:28
up a platform but that definitely become
46:30
a huge barrier for those schemes that
46:33
only depends on can I modify a few
46:35
parameters to create their own Forks
46:37
make them you just press it block them
46:39
so that’s actually which
46:41
to find these pallets so that’s that’s
46:44
why we decided to to kind of open sauce
46:47
the part of the component okay great
46:51
great great now I want to move on
46:54
talking about roadmap here so when are
46:56
we gonna see a working product for arc
46:59
block and then what do we have to look
47:01
forward to on the roadmap moving forward
47:11
by our partners running the second
47:16
quarter of this year that’s a couple
47:18
months away and the first batch of
47:21
applications going to be related to the
47:23
education and we have a few partners
47:27
like that line up we are going to
47:28
probably after the second quarter we’re
47:30
going to have a new partner applications
47:33
on our platform every few mouse movies
47:38
okay good now I want to talk about you
47:42
in the team I guess specifically so what
47:44
is the experience that you’re bringing
47:45
that’s gonna you know make this project
47:47
a success so I’m backing the day I
47:57
actually graduate from university I
48:00
briefly worked for China comm Telecom
48:03
formation period time and I started and
48:06
I started three sweet has software and
48:11
Internet companies and I was some of the
48:14
Kami was pretty successful in China and
48:16
some of them are not that excessive
48:18
successful and that’s being an
48:20
entrepreneur though you know that it you
48:22
know everything will stick yeah but I
48:28
keep building interesting in the core
48:30
new stuff and after after the exit after
48:36
I decided to join Microsoft in Europe so
48:40
basically I just want to switch my mind
48:42
to to kind of a jump from the starter
48:45
work to understand have those big
48:48
companies works that that turned out to
48:51
be one of the very valuable investment
48:54
for myself
48:55
because in Microsoft you’re a team Amit
48:57
my current chief scientist Flavia
49:00
Charlie actually we joined the team that
49:02
publicly about at the same time during
49:04
the time we worked in some interesting
49:06
project we see Microsoft and eventually
49:09
I moved to Microsoft Research and that
49:11
become researchers and that is mostly
49:14
specifically I’m focused on the social
49:17
computing and machine learnings and
49:18
published boundary papers and the
49:20
complete big hammer researchers and not
49:23
working on the startup for a few years
49:26
and then all of this my passback
49:29
background experience I think this is
49:31
really helpful because I have
49:33
experienced that build build success and
49:35
fair companies mm-hmm I learned the
49:38
lesson from the small companies and big
49:40
companies and I built up my experience
49:42
within China Europe and the United
49:45
States and I I was speakers in the those
49:50
kind of business conferences I’m also
49:52
the speaker in that daily conference so
49:55
I was interviewed by the business
49:56
magazines I also write the papers to
49:58
publish in this conference and journals
50:00
myself so that’s actually gave me a very
50:02
balanced and rich experience from many
50:05
different aspect for me to build to do
50:09
these new ventures so yeah I think this
50:12
is really helpful so far the project
50:14
around fit is mostly and not only from
50:17
an engineering point of view but also
50:19
from the marketing corners everything I
50:21
think is just to works pretty nicely I
50:23
think that sees a benefit that I
50:25
basically I spend all those years
50:27
getting different kind of things okay
50:30
cool now I want to talk about the team
50:32
as well so obviously you know it’s an
50:35
international team like like all great
50:37
tech projects but how many people are
50:39
actually working full time developing
50:41
arc block so we recently we our team is
50:54
is increasing pretty fast so right now
50:57
we have over all we have over 30 people
50:59
working on the project now and we are
51:01
trying to hiring aggressively so we have
51:06
we plan to have a 25 people engineering
51:08
team
51:09
in Seattle and we also plan to have all
51:11
around a little bit smaller around 10 to
51:14
15 people in Dublin Ireland we also
51:17
tried planning to build a 50 engineering
51:20
team in Shanghai so that’s a three major
51:22
site we planning to have the people to
51:25
work on and yeah so if you have if
51:29
anybody who interested in joining us
51:30
resume and we are join great that’s what
51:37
I guess what positions specifically are
51:40
you are you looking to hire you know
51:41
what kind of developers do you need so
51:45
right now that urgent is is is manager
51:50
is engineering manager so because so far
51:54
I’m the architect and I’m actually
51:56
leading the small teams so we have a lot
51:59
of Engineers interested in joining us
52:01
but I think the men the the people
52:05
management especially the engineering
52:06
management become critically important
52:08
for us to be able to scare off the kinks
52:11
right now most of those resumes there
52:13
are their engineers and we badly needed
52:16
managers to join and so that we if if I
52:20
can find a great manager to join I think
52:24
[Laughter]
52:27
very cool now what about your advisors
52:30
what exactly are the advisers doing for
52:32
you what areas are the advisors advising
52:34
on yeah so we have coming so it not yet
52:46
announced yet so first of all I would
52:49
say none of our advisors are the IC
52:52
advisors so we we get them as advisors
52:55
to advise for the project not advice for
52:58
the students l00 so everybody needs to
53:03
bring on the table some kind of
53:04
experience and be able to pop up on the
53:09
long run right as you can see we have
53:11
specifically we’ve stretched their
53:14
lineup like the founders of the CEO of
53:17
Nettie’s which is a self-made
53:20
millionaires in China
53:22
and we also have no we also have a south
53:26
he’s his a founder of Helena which is a
53:30
pioneering in the TPS and the location
53:33
maps we read in Stefan a he’s also
53:36
working on the auto driving liberating
53:40
technology and we we are also going to
53:43
announce another new advisor award which
53:47
all consisted the professors in the
53:49
blockchain and English with edit
53:51
industries at research field so we
53:55
seriously want to build up advisory team
53:58
that’s a fast kept me help us to make
54:02
sure the project very cool now I want to
54:09
talk a little bit I guess about the fine
54:11
some final details throughout the sale
54:12
here so during the there was a private
54:15
sale correct and during that private
54:17
sale 25,000 aetherium was raised and now
54:23
there’s twelve thousand five hundred
54:24
theorem worth of tokens for sale during
54:27
the public sale so what kind of a
54:30
discount was offered during the private
54:33
sale you know where people getting a
54:34
twenty thirty hundred percent discount
54:36
eight percent eighty percent discount so
54:39
eight eight eight percent eight percent
54:42
that’s very small that is a pretty small
54:48
discount so that when I hear that I
54:50
think there’s not gonna be that giant
54:52
cell pressure because I know some i ce
54:54
o–‘s do off for like a hundred percent
54:56
discount to the private sale investors
54:58
so eight percent yeah you’re right that
54:59
is actually quite a small discount and
55:08
encourage people to help us from the
55:11
other hand we definitely want to make
55:13
this decentralize and we hate the people
55:15
who try to just a dump and project so we
55:22
eventually decided okay we just give a
55:24
really really small discount and if you
55:26
believe in the project and a school
55:28
comes about us and we give this is a
55:30
reward and if you don’t believe in you
55:33
if you want to just get take advantage
55:35
of this
55:35
probably sale just don’t participate so
55:39
that’s that’s a because we are nerd
55:41
engineering team we just we just make it
55:44
super simple for us very cool now so 45%
55:49
is going for the sale 32% will be
55:52
reserved for community rewards later on
55:54
a percent marketing 15% to the team now
55:57
that 15% that’s going to the team is
55:59
that going to be on a lock-up a period
56:01
and is that lockup period going to be
56:03
enforced by smart contracts that is
56:10
similar to any venture capital based how
56:13
to restrict the stock or the spa pops
56:15
implants so we’re going to the top to
56:17
this for the four year vesting period
56:20
and have a one-year clip which is kind
56:23
of but it’s one year you cannot do
56:25
anything and thereafter one year it’s a
56:28
waste of my time over four years and
56:31
we’re going to issue the two codes to
56:34
the teams graduate Lee so it’s basically
56:37
it’s not say you you have the reward and
56:39
they were down so it’s going to release
56:41
the slowly and so that’s make sure it’s
56:44
it’s so-called golden cock you keep you
56:47
keep get reward the team and that bad
56:50
you don’t want people just to get cash
56:52
it out immediately and so right now
56:55
unfortunately right now there’s that we
56:57
did some research shown how to do this
57:00
right now so right now we didn’t find a
57:03
great solution like the simple smart
57:06
contract can do this perfectly now so
57:09
right now we we are still looking for
57:10
the best version so we know that there’s
57:12
a communities that are people are in the
57:15
community talking about and how do you
57:17
control this and so basically are right
57:19
now our standard answer is where this is
57:21
this is the promise that we we promise
57:24
still have but the best implementations
57:27
we if anybody knows there’s a good way
57:30
for us to control this we would happy to
57:32
learn and impair in this okay
57:35
interesting I know that some some other
57:38
ICO projects have actually done it by
57:40
simple paper you know legal contract I
57:43
suppose so that that has the course been
57:46
a tool that’s been used forever so maybe
57:47
that’s implementation or of course
57:49
the right smart contract that you might
57:51
want to find now how many arc block will
57:54
I get for one aetherium during the
57:56
public sale I think okay we’re free is
58:01
safest to refer the exact number listed
58:04
there now question for you though how
58:06
long are we gonna have to wait after the
58:07
sale for the tokens to be released are
58:10
they gonna be immediate after the sale
58:11
or is it gonna be six months a year how
58:13
long are we gonna wait to see those
58:14
tokens at the wallets actually from
58:23
tomorrow we’re going to get everybody in
58:25
the teaming you know you know dedicating
58:29
this hotel room around the clock to make
58:33
sure that we you know we stand out those
58:36
tokens correctly and as soon as possible
58:39
okay
58:40
exactly the first time for our team from
58:42
any of our key members to to work and
58:44
there’s some rules
58:46
now as far as the sale itself mm-hmm I
58:51
was reading something that there’s going
58:53
to be unique addresses for each person
58:55
is that true yes so we didn’t use a
58:59
smart contact for everybody to send the
59:02
sends a third to address so that’s the
59:06
kind of thing that we did some research
59:08
and eventually we decided to give each
59:12
of the participate one individual
59:15
address as well as for number of reasons
59:17
first of all security and so there’s a
59:22
in the history there are people that use
59:24
wall at us and then that I just get
59:26
hacked or get you know misused and so
59:29
that’s caused to the lows for the people
59:31
who participate and right now it’s just
59:33
a one for each person so this is much
59:35
harder the second is is a gas flow is to
59:40
be able to pick because right now in a
59:42
year there in theory there’s no way for
59:45
you to stop people to start up gas flow
59:48
so right now for ask now there are few
59:52
people could be you know you’re the huge
59:53
gas to immediately you know center if
59:56
either’s but then we were very easy to
59:59
with we found them because it
60:02
mm-hmm so you’ll be able to refund the
60:06
people but there’s not a smart contract
60:07
governing that how have you set up that
60:10
limit so we will have to run some code
60:16
after that to figure out for each of the
60:18
address how much money and how much gas
60:23
they used and eBay can I break the rules
60:25
yeah okay and for somebody I guess
60:27
looking in from the outside since you
60:29
are using all these different addresses
60:31
I guess will there be a post I see Oh
60:33
audit I mean how can we as investors
60:36
know that you know 12,500 aetherium was
60:39
actually raised if it’s all spread
60:40
across different addresses yes we we
60:43
Hart is the Sierra pays the CPA firms
60:52
and try to do it and for for the whole
60:58
okay great now a final question for you
61:02
here if somebody wants to get more
61:04
information if they want to reach out if
61:06
they want to get any more questions
61:08
answered how can they do that how can
61:09
they become part of the community how
61:11
can they get involved it’s a very big
61:20
community right now we already I think
61:21
we already reached the 50k cap and
61:27
fortunately I just raised the limit so
61:29
we can hold more people and we have a
61:31
very dedicated communicate community
61:34
team and volunteers and we try to answer
61:36
the question as as fast as possible
61:39
mm-hmm very cool so anyone who wants to
61:41
reach out go check out the telegram guys
61:43
fantastic okay Robert I think we’re
61:45
gonna finish up there for they I think
61:46
we got through a great range of
61:48
questions you know address I think a lot
61:50
of the main ideas around arc blocks so
61:52
thank you so much for for taking the
61:54
time to sit down with us today I wish
61:55
you all the best for the the sale moving
61:57
forward that everything goes nice and
61:58
smoothly so thank you so much for taking
62:00
your time thank you thank you
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