World’s Smartest Turtle Present the Blockchain Project That Will Change the World l KBW2024

[Music] hey everyone sorry about that it's hard being a turtle my name is soon the turtle and I am the official mascot of a new blockchain protocol project called tar thank you so much for coming to my TED Talk don't worry try not to Shell Shock you with too much information now before I get into the tar stuff I want to share a little bit of my own personal story and give you some background on how a humble Turtle like me ended up on this stage I was hatched from an egg near a lovely pond in South Africa the tari community took me in and gave me the name soon because the people contributing to tari have never released a road map anytime someone asks when main net they reply soon so here I am all the way in Korea for the first time and it's such an honor to be with you here at KBW now let me tell you all about this tar thing they paid me to talk about kidding kidding I'm a turtle what would I do with money but you guys are still taking me out for B and Bap later right I'm very hungry anyways back on topic raise your flipper or hand it that's all you've got if you've been in crypto since 2010 okay okay oh oh maybe there's the one guy over there okay well neither was I back in 2010 I hadn't even hatched yet but here's the deal in the beginning people got crypto by mining it you could download free software from the internet and mine Bitcoin on your everyday PC it was awesome it was new exciting and fun the faster your computer the more you were helping to secure the Bitcoin Network and the more you could earn it was entirely permissionless that was the whole point no Hoops to jump through or middlemen just you your computer and the thrill of contributing to something truly revolutionary fast forward to today and things have gotten a bit complicated now all of the big blockchains are held captive by the traditional Finance system you want ether Soul you'll need to one set up an account with an exchange or on-ramp two kyc three set up your bank account or credit card details and four buy someone else's coins want one of the new fangled high-profile tokens that have launched over the last few years if you are't an early investor or sophisticated airdrop farmer good luck you will pay a king's ransom for them here is the good news there is a new project out there that honors the initial goal of building a new Financial system one that anyone can participate in without asking for help it's the project that I am proud to be a part of tar we also have a really cool dance uh I have a time limit so that's all the dancing you'll get for now tari is a new layer one blockchain protocol that is proof of work like Bitcoin except with a Twist see in the early days of Bitcoin home mining was all the rage but the fund was over for regular people with normal CPUs and gpus when the first fpga showed up then in 2013 the game was officially over for home miners when the first A6 began to ship tar uses an as6 resistant hashing algorithm and a CPU optimized that means you can mine tar with your existing Mac or PC furthermore the tar Community has worked hard to make the tar mining application incredibly easy to use we call it tar Universe now this is a day that tar contributors have been looking forward to for nearly seven years we are so hyped to reveal tar Universe for the first time ever right here in Korea tar universe is the most beautiful easiest to use minor ever created you download it from the Internet run it and click Start mining that's it the next thing that happens is you'll see this Sleek tower appear this is a visualization of the tari blockchain every block is represented as a new floor of the tower if you solve a block you'll earn some tar we are all working together to build a tar Tower up into space and did I mention tar universe is free to download no need to set up an account in an exchange or be an early investor or be a sophisticated airdrop farmer now let me walk you through how we'll build the tar Tower right after you install tar and load it up you'll be randomly assigned a squad the squad is a decentralized mining pool with no middlemen no fees and no shadowy middlemen who you have to trust like with any pool Squad members work together to solve blocks when your squad wins the block reward is distributed to all Squad members based on the computational power they contributed that's right we turn mining into a multiplayer game and I know I see some Gamers out there so when is Tara Universe launching it launches on testet next week on September 12th very soon scan this QR code to get on the wait list there are already 150,000 people on the list but as a special gift to everyone here if you join the late weit list while at KBW you will be a part part of our earliest beta group for tar universe but wait there's more tar Universe isn't the only thing that makes tari truly special tari is a Next Generation protocol on a few other levels too first it has significant confidentiality features now this is really important because it's hard to imagine a protocol being successful in the real world without being default confidential think about it like this is there any online tool someone can use to view your bank balance or tredit credit card transactions obviously not imagine how terrible that would be for everyone if everyone else could peek into your shell the next thing you know your personal spending history is automatically showing up on your dating profile or imagine how terrible it would be if every time you applied for a job company knew about every dollar you've ever spent maybe you're okay with all of this maybe you believe every dollar everyone spends should be public for the rest of time let's look at this from a business point of view no company in the world wants everyone to know their cost of goods or their competitors to know who their best customers are they wouldn't survive it's unbelievable that the existing protocols haven't put in the time or effort to solve this problem so we are with tar your transactions are as hidden as a turtle in its shell we're not about that glass house life unless it's a Terra AR Arium of course tar is default confidential if you send a transaction on tar no one can use a block Explorer to see the amount transacted or your balance even though tar is default confidential it still supports the development of fully compliant applications a developer can design their smart contracts in a manner that gives them full visibility of the transaction graph for their tokens for example let's say someone wants to create a Fiat back stable coin on tari and needs to report trans transaction data to a regulator they can do it transactions will still be default confidential peer-to-peer for users of the coin that's still not all there is one final thing that makes tar truly special and that's how it will help developers build wildly successful daps and achieve their dreams today developers are expected to not only build an amazing dap but also do all the marketing and user acquisition for the DAP and the protocol see this is one of the huge problems in our industry most blockchains don't have a lot of users and they view developers as their golden ticket to mass adoption to help developers along they'll sometimes offer grants but that's not what developers actually want they want real help getting users they want distribution companies like apple Google and Nintendo know this that's why they charge developers a fortune to build apps for their platform we decided this was the most important problem for developers and we came up with a remarkable solution tar is proof of work it's a beautiful mining application right that's what Tara universe is all about but what if I told you there is more to this story see tar universe will start out as the most beautiful easiest to use minor ever created and in the future it will become a powerful app launcher now this is a prototype so it'll likely change a lot before it ships at some point next year but but just look at how cool this is it's great for developers and for users now there is actual app Discovery no more hunting for dapson x or risking searching for daps on Google and having your wallet drained you can mine with one click have full access to your tari wallet and access every dap that exists on tari all from one stunningly beautiful interface everything t in one magical place tar really is the ultimate Next Generation protocol highly accessible for everyone stunning design blazing fast native L2 default confidential and it solves the number one problem for developers distribution before I end my TED Talk onari try saying that five times fast I want to share one more thing with you not sure if you checked yet but there there is a small turtle under each of your seats these Turtles are very special and not just because they're my brothers and sisters if you bring one of these turtles by the tari booth by the fablo lounge by the end of the day today you will receive a prize some of you will receive an exclusive tari t-shirt and some of you will receive Bitcoin there are also little turtles hidden throughout the KBW venue if you want to hunt for more and there is one very special golden Turtle whoever finds that and brings it by the tar Booth will receive a $7,500 gaming PC thank you so much for being here and letting me share this project that I am so proud to be a part of I hope you're now as excited about tar as I am if you have any questions come by the fablo come by the tar Booth by the fablo lounge I will see you all soon