Audioburst Search

Coming up next

Thanks lucky Solarte last segments we

Silicon Valley Insider with Keith Koo
|
3 d ago

The European Commissions approach to blockchain

Insureblocks
|
2 d ago

Presentation of Silicon Valley insider

Silicon Valley Insider with Keith Koo
|
3 d ago

Come back to circling through keep

Silicon Valley Insider with Keith Koo
|
3 d ago

Episode 101: ReactJS

Programming Throwdown
|
4 d ago

David Vorick: On Skynet and Trusted Setups

Epicenter
|
4 d ago

The 'Brilliant Asshole' Who Almost Blew Up Coinbase

Unconfirmed: Insights and Analysis From the Top Minds in Crypto
|
4 d ago

Talking with Gene Foca, CMO of Getty Images

Marketing Over Coffee
|
4 d ago

ArcGIS: Geographic Information Software with Max Payson

Software Engineering Daily
|
5 d ago

South Africa, California And Barry Abrams discussed on In The Gate

In The Gate
|
5 d ago

Episode 029 Syndication Template for Success in a Real Estate Fund

Realty Speak
|
6 d ago

Burst Details

Thanks lucky Solarte last segments we

860AM The Answer |
3 d ago
860AM The Answer

Automatic TRANSCRIPT

Back to the show once again I'm joined with Douglas Horne who was the chief architect of Talos and the founder of good luck today show we've been talking about we're out with blockchain with telos in the block are doing it now we're gonna keep going on with the labor discussion even having around we're the use cases so we'll go back to Los thanks lucky Solarte last segments we talked tell us is in with good blockages and we also start talking to interesting use cases around voters were told decide which of the voting platform and how we're not quite yet ready for prime time in terms of our federal elections but how we both think that at some point some type of technology that enables people to vote is coming what are some of the other things you see that are coming with regards to the blockchain as a whole I think there's gonna be a lot keys like if you were just to go to telus dot net right now you would you would see a long list of of apps gaps that are that are currently on tell us and more coming all the time and so what we're seeing in trends are we seeing a lot of social social media apps and one of the things it does offer above above the current you know norm is for one day there's a live censorship resistance right you know we're seeing a lot of censorship on YouTube and whatnot because it's and and and other places Twitter the these things are these things are are run by centralized organizations but the decentralized social media apps are looking at ways either depending on what they're what they're you know what their aims are to either completely remove center censorship or to make censorship based on more on to me actually voted by people in the community using basically are building tools it's one more use of that right so and and that means that their community managed not managed by you know a centralized company another thing those the social media platforms that are using blockchain you're doing is rewarding people right I mean the social media platforms we see earn a lot of money from advertisers and whatnot basically on the backs of their their users and it blockchain offers a great way to actually share the wealth with people are actually creating the content so social media is a great great growth area that we're already seeing on telesales blockchains so I want to want to just ask them the size that point I think there's a lot of fear uncertainty and doubt around blockchain in general because people think of cryptocurrency along with giving people thought it would use the launder money and then now we talk about blockchains and the inability about people think about how it's being used for more control aspects so it's interesting that you bring up the other side of it that it can be used for some positive things where just to recap on social media you know people are arguing that on Twitter and you tube and Facebook and other social platforms are definitely innocent censoring content whether they're calling its you know fake news with filters are labels on there was a there was an article just recently or and we'll check D. C. O. U. to basically admitted that their platform is skewed towards a peen media content because they want to make sure that it combats fake news and so therefore trusted media outlets are the ones that get higher rankings in search is an independent creators by followed don't get that and so it was spun as a positive which I could see from a a mass media perspective the positive because you're going with clinical trusted news sources but then if you're an independent content creator or your conspiracy theorist or whatever I'm your voice isn't getting hurt and we're a country built on free speech so that's right I think if you can go a little bit more into how censor resistant technology a blockchain could worked I think that be helpful well sure I mean there's a there's there's a lot of ways that people are using this and and mainly it is that is is the the breaking of the relationship between a centralized company like YouTube or Twitter or whatever who has who has you know the the this the middle you know this in the middle of everything and then get there or can can you know make the rules and enforce the rules as they choose and often without even sharing the rules there's a there's a a pro ad app on tell us right now called new life study I it's very interesting social media app it's it's used it's using excel and approaches are people who are interested in fashion and art and uses them is basically tastemakers through their A. I. process and and cells aggregate data to to people who are looking you know at doing AB testing on different kind of fashion designs and things like that but they actually allow using the teleserye tools they allow their their users to actually control the algorithm for how things are paid and what's done this is so when you think about voting as being something that that a big you know capital V. voting where you're voting for national elections that's one style but there's actually much I think many many many more ways to incorporate you know you user management in a decentralized way of what they want their community and their app to B. as opposed to as opposed to some centralized organization right and we do that you know instead of I must be honest advise organizations have to go sit in front of Congress sometimes right with the decentralized organization you know it eliminates so they have they have their own you know set of set of concerns and but we have to we have to deal with you know and and when he makes of the decentralized then it's a whole community that's that's deciding for themselves I use a lot of places and that's why we built those set of tools that you know in Intel's decide because they can be used in once the tools finally exist they can be used in a lot of ways he didn't initially expect thanks so then how do people since tellers in itself is decentralized and folks can engage good block how does that work if somebody an organization or community wanted to build on top of tell us what are the ways to do that yeah well as communities are building on tell us all the time so the first so the first step would be maybe go to telus dot net T. LOS and and just look into the protocol and look into this social media groups there's a there's a lot of information there there's there's there's docks dot telos dot net there's explored at telus dot net there's a number of of things that you can look at on that website but quickly what you'll do is you'll find you know we have an outreach organization that doesn't own or run the chain in a mean way with its called telos foundation and we do a lot of marketing and outreach to get to work with people to come on this system there's obviously it's open source and so there are get hub repositories and things like that that people can use and we're in telegram a lot and also we're in these social media in these decentralized social media platforms that that people are using so there's a lot of ways to reach us you can find from telus dot net and you know we have we we have everything you know we can approach anybody who developers themselves will just point you to the point you to the documents it's really easy to use if it's a organization that likes the idea of bringing these things in and being decentralized and putting their and putting their users front and center and actually running the the system and that way we can you know put you together with you know we've got a really good group of developers both directly related to tell us and also you know sort of outside developers and we can find you people all over the world to try to help build what you need good luck also does that work and we're working with a lot of great companies and we're always looking to look for more so that's a good block dot I owe people can look at and and I think there's you know there's there's we're on exchanges so people can buy and it's actually it's actually one of the least expensive probably the least expensive chain to operate on because of the way because of our high capacity and the way we run it's it's much cheaper than something like looks like a hundred times cheaper than than the next the next network income in terms of cost something like this or something like that so there's a lot of it there's a lot of advantages and there's a lot of ways for people to come in and in touch with us thanks for that let's let's let's talk a little bit about cost since you brought it up and I think not everyone understands what costs are involved with developing on blockchain so if you could talk just a little bit about how telos English of the ethos how that differs and then we can also talk about how then more like good block as a service provider can be engaged but that they also actually when the network itself or the people that want to jump onto it sure so the network is run by as a group of of you know several dozen independent entities all around the world and they they do the validating they make sure that all the you know everything is run well and they run high and infrastructure and so they have costs there good block is one of these validating nodes are called block producers and so in order to keep those running there has to be there has to be fees and those fees were generally created by inflation on the system tell us right now does not have inflation we we are we have a a reserve that were using in lieu of that but to run an app on on ethos or telos or any of those chains or Ethereum there's there's basically fees now if you want to run a theory on what you're doing is you're your fees are in the form of a call of a transaction fee for every transaction anyone makes they pay a fee for a small fee and you know you but you never know exactly what that's he's going to be and that's it we found that that's really an impediment to broader adoption it's somewhat good for developers because it pushes it because they don't actually have to pay the the the fees they are your users do you but overall it's bad because it's just bad you user experience for the for the users by moving those costs on to developers it really streamlines the process for users and that's what yes and tell us both you and the way that people people pay fees is there a stake tokens that are not consumed by staking tokens means you just lock him up for a three day period and during that three day period you