Meetup ConcenSys
Ethereum Paris·Tue, Oct 9, 2018, 12:00 AM
Transcript
[Music] Thinking of everyone, thank you so much for this conference on TMT. What use is it? Before we start, I just wanted to know which of you are students. We still have a very large majority, super, super height. No, no, no, no, no.
Once again, almost. Yeah, okay, I must never, I must press things regularly, and that's the project, the finger in mutant. Even that's good because I'm here to represent the association called 7 to 7. It's the contraction of the session, deteriorates to seven, and we are a sum, well, the sovereign that has existed in fact since the end of 2015 and officially since 2016. We organize workshops like this one.
This one is rather a sign and presentation of the technology group. We present serious things that are done in the field, and we also do workshops. You can discover how it's coded inside, since the term is a simple task that allows you to deploy the automaton. So if you want to know in block chain of blacks, if you have questions on how we made the new object, I just saw it, and the entirety Some of our events are free because it's smart, they're free, so that's what interests you. I wanted to progress, discover more, it's equal, I'll let you come see it.
So we'll have multiple profiles, not necessarily just engineers, these dead ones, but developers and lawyers, economists, people from all over the world in Setif, all sorts of people, and horrifying people who come to see us and who are curious to know what's going on, wanting to know what blocked it inside. But we're here to support them if you want to join our association. So if you're walking around our association, you're entitled to the slide about the increase, I know, there you go. And also this first terminal advances the events that we organize and makes agricultural, which is called WW points at 16 points FRC, in easy-to-find places on most social networks, to those of companies. Last little thing, we're organizing a huge conference on March 8th, 9th, and 10th.
So if you're already passionate about Terium but you just came not to get a province of land but rather the applications, but somewhere, people who will speak tonight will also present at this conference to make me Around a hundred speakers from all over the world, including their internal rotation, are coming to organize this. Several streams of activities are planned around the land and people, with themes such as not giving in to the scale of Lima governance, the social impact of the Cheney agglomeration, legal aspects, with workshops in small groups, going to four SNAM amphitheaters, so a device 3. We can do a good thing if you want to come, that is to say, to this event tonight. Are we going out for departures against 5.6?
I was telling you a little about his concerts. 626 invites you to also participate in the cocktail that will take place after this incident. Conference, so it concerns 6 and the surrounding area of work. I take the opportunity to talk a little about what they do, but at 7 it is an association that is open to all companies in Istres. If you want to host our events, the pleasure of the new arrest or jeans with 50 places, but to make a myth, we are at home, we are always happy to come, and if you also have a university, a ministry in Kessel, the day is bullish, open to I agreed to come and intervene; it's a startup studio risk, meaning that if you have a startup project, a project of 2 first on the inside, you can contact Constant.
That is to say, I want to do this in full blue while I want to do hockey, hiking, ridges, I want to do logistics management, English speakers in the world and Novare, in project mode, we look at it with you, so we help you to be precise and potentially at the end of a curious, so there you go, that's what Consensus does, it takes in lots of projects and Illizi helps them develop, it carries them up to the market they have chosen to attack or up to the interlocutors they want to meet, so we also do things with a lot of RNG, we have a branch 2.6 called the Force option within a pact where we worked with the odious World Food Programme as a source for governments, also initially, we did our rounds of the stand-up studio, we are here to cancel Some also develop solutions for businesses, internal solutions, tools for developers, so this product, infrastructure, business development, government, etc., part, and we need education, most of which is pro bono, and others that are more business-oriented. So if you're looking for trainers, we can also provide them. And we feel that these 600 people ( 575 according to the latest figures) across 29 countries also have more profits.
We have many researchers among the teams, which is a big concern. So if you're interested in this as a research topic, you'll see us too. We only have an average of 2. We can do a floor plan on face wedges or research cases that have already been identified, or work in particular with Billiton Life, Morgan Sportes Dubai, which is a very good part, like a prophet who has it, the Dubai public institution that deals with the digital transition, the Brazilian government, the government of the canton of Sudan, the Swiss MSC, the authority, the Central Bank of Singapore. We've had several interesting projects that have Alexis was defending institutions, and so here's the paperwork in 6, so who has no mandate anywhere is damaging them?
For whom? The lottery? For whom? Never mind, this is brand new. It's the first time this has happened to me.
He was starting to do this kind of event. We were only wondering who has already bought cryptocurrencies. He went to Quebec, the hand, or one of them. It's true that we're quite happy to see the beginning of 2018. In fact, it's already something that's starting to take hold a bit.
People's fears know what blocking is. So we're going to go very quickly on this to give more speaking time to the Benin avatar. What do you think? Yeah, great. So a good chain in three words.
So a good chain, well, it's a bit like my personal concoction. Even younger people, it's three things: it's at once a ledger, a network, and units of account. When you have three, in general, you have a good chain because you have a ledger that it applies to many core networks. And the replication rules, the rules to determine the last step, this ledger is allowed thanks to the church station based on the unit of account. Simply put, when you have a network that shares the same ledger and the interactions are all in order and you're happy.
And when you have three-quarters, you couldn't make a chain cigarette. Well, obviously, when you look at the blueon more closely, you need to have quite a few things. You need several innovations such as republic release. If you need to have a little game theory to regulate peer-to-peer network interactions, so it's a protocol that links these three in C3, these three domains. So if you take photographs of the one that is a very good cryptography department, if you do the theory, the jurors, if you are interested in governance systems, you simply need to be able to find interesting things to do in the option.
That's how we play on a block. We're going to see lots of h's, we're going to see lots of signatures and public accounts, and we're going to see monetary issues, transmissions of account ideas from one blog to another, from one bar to another. Jean Claude Baby to the user to the other, and these are the rules that allow for a consensus within the club. When we look at a block, we see this, hence the carousel of blocks, which are reference blocks. Let's go directly into block number one.
Here, it refers to vote number 10, so they remain stable. No other. It has a transaction root, so finally, to resume a transaction. That's it for the introduction. Okay, let's get to work together.
This will make another AG at 11 AM. All this together, let's make a tree and note only the root. So you have a reference for transactions contained in the block. You have a time. This theme, which you have a magic number, we call the name.
The only block that allows you to say that this block has been associated with a certain amount of calculation to make it secure. And since these blocks are referencing each other, the blog, moreover, is a fact. We huddle in the lobby. No more management of the block. You have the blocks chained together, so a drop in blocks.
Good look at the room. So far, I haven't said much about the... Okay, let's go with these complications and the Chen man, and that's why we need a unit of account and why we need consensus mechanisms on a long chain. It's because to get thousands of computers to agree, the value will be based on the state of a file. It's very complicated, and for that, we have several types of consensus available.
Historically, we have the RAF protocol. We know what's aimed at the bottom of the distribution. We know they're doing computer science and the innovation that brought the blocking. All that remains is to bring about Bitcoin first. The goal is to create something called a block to see, so we associate it with a slightly worried graph, with the creation of a block.
The person who is able to create and respond to those in Kyoto is the leader. It's the leader node on the network of its blocks and the new blocks. So then we have other systems like Paul Dike, which are under development in some cities, objects already implemented in other materials, but we are In the process of making a rant, the specific context is that people have bet money, saying, "I'm looking at my funds, we'll say that this block and the next one are valid, and we'll draw names based on the amount of money they've put in." So if you have 10% of the funds at stake, you have a 10% chance of being the next leader. And then people validate their office there.
That's where there are many debates about the composition. What are these electricity consumers? Is it really secure? Is it more economical? Is it specific to the States?
That's your observation. What does it consume? He left his Normandy and resisted. Is it the most secure? Is it really just talisman, young oilers, and tarpaulins?
So yes, the forwards with you during the cocktail, contract, right after that, which will be prepared by the winnings, watch over the club of the Lunesse lodges. You're already going to reserve this room, by the way. Here are the Swiss pension funds that also allow more or Less tolerance, so it really showed up in the details of fault tolerance, it would really be in the details of 2 how the costs should be proposed to him, so once we have made a good deal, we can use it to make a ledger of who can, this time it's practical and we say where such a user had the idea to found the state, there are three, the assets at twenty-four, they made a big table and we share the table, an increase of thousands of pairs, there we have created a caching system, the peer-to-peer cash transfer, initially Beatles, and that's a cap, hacking rate system, here's a small map of the Bitcoin network, you have tens of thousands of computers that share, that replicate this same ledger of the type that owns what, about 250 gigabytes, to 300,000 transactions per day that are buried in this network, when you have succeeded in these two chains in having the same ledger on thousands and thousands of computers without a central authority, they are not without modification, hackers, but who is checking a ledger to trace who owns what, we could also make a ledger to plot variable values and a logic to say how these variables should evolve, but they will come, we want a serious option for manufacturers where each address or 5 million users would be gassed. I will put back the number of debts, taking into account that it possibly has the collar which contains the different variables that this code contains, and have a rule on a set of network results, whether they are qualified as regions, have started variable 37, the state from one to the other, and how the risks of the Gulf and so it deteriorates, so it is terrible, it is nothing more or less than a computer within the chain, so the networks, the Therion network contains about thirty thousand computers that all have these same virtual machines, and this virtual machine executes code that is referenced in the album "Inner China". There you go, we have other block transfer mechanisms.
The dogs are a little faster than its coral desires, they made a little more transactions per day, and these transactions therefore also contain codes, so that allows you to have execution in the second, hence The idea of calling the software block chain of the smartphone tracts then it's neither really smart nor really contracted on the stock exchange is nothing more nor less than bits of code will be unleashed ugly what makes them contracts is that the col he publishes in pop Sean Hill and who in the next such as is so that it will execute as it was coded so it's a contract that doesn't need a lawyer to be heard so it's a contract that is smarties not if that justifies much as a name but so its interior tell me by contract we have a certain impartiality because necessarily Sexton it's written in the law Bichet so it will be written knew that I was like that beneficial Ethernet a good chain that tries to have the most interoperability possible entry aware of projects such as Paul that it gives all investment consists of also developing a way to relay the transactions of city Colbert interior is called Betty Sireuil you have a project to report Dolce Scolaire Rome which His name is John G. We're working on interoperability, and there are quite a few ways to have local channels, two consortiums that then have execution in the public channel plug, so like Polka dot com, com plasma. So we could make Berthier consortia that deteriorate, there's pleasure, consensus algorithms that are implemented both internally, so you can use public lands. We see the continent still suffers from programs like this, which we hope is used, and local heroes with their algorithms available to all internal clients. Whether it's him, the two main ones watched by ITI have good governance systems that are ready.
You know, you can say, in fact, we're going to make a consortium between us. We'll say that these two people on the authorities are facilitated. We're going to make an offer in Cairo because, yeah, so it's rather, it's rather easy to manipulate, and so this is a community band, it's us, it's group C. People from other countries are part of the Terium communities, the first one, it generally activates if You want to discuss with a development and RMC quite easy it feels crypto fr you had 4000 people who are victims on the bag you can join the A7 meet people who are even more active you can go on any guitter orient the fields of people who were talking if you are more on the business or institutional side you have a consortium called the summer rarely three alliances or you have 600 companies from the start-up to the consulting firm that exchange on how to build an interest man who meet the needs of businesses institutions and especially been the soul allows you to create channel rates so rates that live inside so if you need a local currency conducted on our platform it's something that the inside allows him to hold and we would have someone in this conference set exactly who uses a crazy one precisely vis to the insides so in case of use it works well to make super rich Americans to make identity it works rather well to make them medical so his identity we have a first clip in Newport and which is already in production, I know that we have 106 of their medical data, there is a project which is yes, yes, that one, which are simple investigators, what it centralizes, and we're going to talk about a lot about that, but there it becomes, in fact, a stop on the spot. Sopel is specifically made, we're going to catch up in the water very soon, we can do rights management, so the idea of doing entertainment with managing the entertainment rights of the channel, we can do voting if it satisfies open source projects, notably those in 1901, and to manage your 1901 association, so grab your shovel, in the end, its answering machine calls, meaning to go for a walk.
That said, we are a bit strong and English-speaking, in fact, it was nice with interiors, or there you go, thank you for your attention, and if you have other questions about empty interiors, take them even if she shows herself and technical to countries and techniques while Ottawa [Music] [Applause] eat well, ask for more, Adrien Charles and co, founder of variables, which is A trading platform for decentralized derivatives, I've been passionate about theorems for three years now. I joined a consensus quite early on around the 'stable' Tekken policy, that is, bringing financial stability to contract brands so they can respond to use cases like Mailstream, so having an ultra- decentralized, decentralized Facebook, monetized applications where the price doesn't affect the value within the application. So it's really in Keanu that I did my work. It gave rise to the variable, so today it's a TV platform, so to make these derivatives, they are useful for hedging and for trading. Whatever I take, I'll talk a little about the first one now that we have less time, okay, because I think it's also simple to have questions.
I'm trying to go as fast as possible, and we asked questions because I don't know too quickly. Centralized dumps, you must have heard of or used Kraken, Paul Onex Colbert, it's interesting that it allows you to buy Bitcoin, but on the other hand, there's a paradox: you have access to crypto candidates, ownership of the power plants feels very interesting, and yet when you deposit and crack your [unclear], you lose some of that ownership because you're putting your property, from 7.8 to 707, solely yours with a third party, and six shots are taken on foot, or if the world plays against you, you see nothing you can do, so it's a bit of a shame. It's the current solution for processing plates and trading on the team early, but it's not something satisfactory, and I think that within the next five years we'll see the emergence of solutions where the user remains against these funds, so there you go, we can see... So it's less secure since in a if it's a joke made by inserting a single 21 a central place of evening tarmac it's very unfortunate and also we noticed that this centralized infrastructure does not correspond to good practice for managing the floods of the Seine we can see ready to defend in any case there is DDR3 the exchanges always have big problems managing this because in fact they hold for you your role that they while its 107 you who have us and the effort are normal processes of helped develop chain which means that from the private date low six children that I had in 2015 like that changes it's not very well managed so that's a postulate the other that like all the 10 before if the applications decentralize the right thing from tonight against Nantes spoke Jérôme knows that she can have funds that are governed by the heart Bouya no trust to bring to La Pocatière part the code will be carried out as a writings etc are in contact we get money Today, the only way to store money in your smart contacts is to insert rates, whether it's one or two, the land, or 2015, and as you know, it's very, very relative.
So that's what prevents the creation of applications that are for users to hide the technology because currently there's always the price that works. So we need to have a way to have historical value in the block in a decentralized way. Condé of the ascetics who are in the property is held end with which this Zahia has a scene by which with your stove that you have control over but that they are dirty so that it can be used in applications to the same this crime is hidden all the blocked side so there you go. So from that we created by Yabeun who makes derivatives on the next one, that is to say that waves and keeping controls of real bullets which is keeping against the fronts we will allow you to exchange plates or control your rich exposure of the state which you can bet on the rise So, making long trades and charts, if you, David Marchon, are trading a bit like this comment/ cracking, but in a decent way, this year, meaning that the funds are not stored, a pivotal part, but wanted to keep it on the planet. There, we have a system that I'll talk about that allows you to have a long-term trader on very strong markets, so the matches together in smart contracts, and it's not us who take the D2 funds and launch them centrally.
So, if you are... I don't know if you know well how centrals work, these are very exciting things right now, and I was talking to you a bit about a chronic problem that manages to combine efficiency, the efficiency of centrals, exchanges between Kraken schools, but also a decentralization of trust, okay, quickly, so here's the derivative, so we have another structure that has centralized parts, but the funds are purged in a decentralized way, and that we like. The centralization of certain parts allows us to be efficient, and we are transparent, and we are proud of the likely things to do on the other side. And this allows us, the fact that we manage the slingshots on the butcher's block, allows us to meet the needs of smart contracts. So we can think of the Haitians on the edge of the land in their smart contracts who would like to bet on this and Jay facing the potential of the state's sorting centers and therefore bet on the decline of the summer.
Hello, it stabilizes Cola, so it's been 6-10 months that we've been in alpha on very simple products, so served. So these raids against Hector Ducamp CE2 traders in a peer-to-peer way, betting on the variation of the price of land, so up or down, and in 24 hours the contract will be resolved. And if in 24 hours the CAC 40 and the one Carell, long studies in Paris in Beauce, recovers more land than the one that appears, so we had five centers and hours on it. I think that among you there are some counters, so thank you very much and it was very interesting, but the trilogy that we used, we know smart The intermission for the match and all the traits of a man, he was really someone, it's a security transaction, considering pariah status, the rise, so it's on the Ciani blocks, a state in the stands against 1, who would say someone that through Yahoo, what there is someone else who was going to say, ah well, I was talking about the fall between this person, the funds were stored in 20 smartphones, but 24 hours after their contract which was terminated, removed the great honors to which these are interesting, these are not effective because you don't know if you saw that he can, that they say, is therefore not certain of collection, that insuring lost ground in the room, that's the head of the platform, indeed we're going to skip that since we were on the Alfa, they accessed everything like that, never talk about it because it's something interesting, you talked about game theory, their name written in fake, which allows you to replicate, to encourage people who hang out on the platform to act like traits the same even if they did n't have their funds to reward them for this kind of action so if it was demonstrated in front of their data from the east had mixed token you too help us to tc will produce them to encourage them like that it's interesting this notion of Tokyo which is programmable to create facilities that you want in your in your centralism mechanism so here we have version 2 so as I told you the first version that we bet on the end everything is expensive it's not very efficient and a contract only lasts 24 hours we have had a team of researchers for six months who understand when to trap them in game theory and scalability title experts from two summers in Rome to solve two problems on the one hand before a platform that it is also what it was also what are bowls that crack but also efficient and not to have contracts that last more than 24 years but which have limited durations and from there if we their ability to sing on the limited bench So, in terms of short betting, it allows you to hedge against the risk of a price drop. Okay, if you have 50 and if you have 100, and you put another 50 on a short bet, and considering the 50, your total position in the portfolio when it doesn't stop at the price of 10 dollars, so that's where you subtract from the table.
In any case, which I had talked about, but serving, so we developed, I don't know, the fan shop, we developed a tool, FIA announced that allows us to have limited durations, and we set up an infrastructure that uses the channels. So it's the way to make transactions outside the blue one. So, for example, Jérôme and I make transactions together, initially depositing 50 and then on the network, and thermal ones that are blocked in an incident between anthrax, this allows us to open a channel between the 2 and there, this time I'm going to send 10 and air, the lovers worry every time we make evidence that can imply that we don't see the right chain, so there's no need for housekeeping, no need to pay for the wires, and there's no need, and there's no need to wait for treatment, so we can do 100,000 transactions in a second. An indigenous person is looking for something between 5.5, and at the end, we use cryptographic proofs.
We just wrote between the two of us, we send them. Adoption is, for example, if at the end of the day 75 and 125 have the ability to send proof of what we did between us secretly, and in the end, we have the next one. And then comes the onda, the Guinea range of transactions. Well, that's one of the plasma scalability techniques. It's the same, it's the same type of technology, but in a slightly more advanced way.
In any case, these are the techniques of these cities of the land. It's all a bit about that. It's about how to avoid leaving the consensus, which is very expensive on any transaction, by aggregating transactions that will then be transcribed. that by a single one on the same chain, don't hesitate to stop me if I don't know, I hope that's clear overall. The result of this today is that there are decentralized exchanges, so a bit like in our ANFA where not everything is on the same chain, and as transactions occur, for each exchange, groups enter, the C1 between, you have to make a transaction as soon as you want, for each trading pardon that you place a transaction, that's not in the Delta lands where the banks and 20 ex, it's roughly that, that is to say that there is always a moment when you default for the action on the motion, so it's expensive and it's long, and that's what prevents making money in the industry.
On the other hand, we have centralized exchanges like Kraken, which are very efficient and support quite a few transactions per second. However, as I explained in the introduction, if they are down, it's over, and they don't necessarily guarantee transparency either, and they sometimes play a real game against their users. We have a centralized part for everyone. The system's matching with cryptographic proofs means you can't play against the user. I recommend a simple variable.
The overall concept is that you deposit funds on the same chain. It was Rome Top 100 and R. This gives you access to our decentralized infrastructure with a single 200 and R. When you place orders, you make proofs with your private key. On our feet, on our bargen stand, so you put on the land on the same chain.
You have a lone soldier. You share in two months two million buy orders. You have keys. You make proofs that give a little taste. Don't send them next time.
And at the end, when you want to recover the money you made, you lost. We're talking about a warm-up. 750 on the land, tailored by the bullets on this chain. You make a proof. You can make a proof of the fact that you have 150 and in the long term, work.
Salam, a chain. You recover your one hundred and fifty states. So that's generally how it works. Delighted for 6 years, just stayed there until the city which is located in Lyon due to serious events, so there you have it, for the young people, the fact of doing this means that initially it was deposited on mice against worries, so it's about Haitians or any application decentering and are able to enter our system and we, given that its request to write cryptographic proofs discovers placing orders, we can't do it for you, so the funds are really these clauses and in a very way it's his people against Parisians, we lose but just to improve efficiency in a transparent way and always with proofs and if we rely on the dock we have ways to ensure the funds wouldn't have come, that's a bit of context, so there you go, I think that's enough quickly, the team, I told you that we currently have a final team of researchers working on the financial engine, the implementation of this chain which allows a big challenge, we have a team more on the marketing pebbles, either we try to be, we can be complete and we really want to do this cleanly and we have a SIM product that will expand enormously in the coming months because, in terms of research, we need to arrive at a color concept that works, and so now it's really about implementing it in a secure and reliable way. Is it good?
Okay, we're recruiting, especially on the side. If you have kings, the security infrastructure of the bombs in Rabat, where is it or not? Not only do you have a lot, but also on the professional side of the convicted John Banks email, you have someone who has traced by the ex-seat, is that the case? He has the useful time who want to have worked on a beautiful project. If you have any questions, I don't know, happy, I took 1, 3, 2, 3 questions raised.
[Applause] You ensure the fair macho Cooper, the first one who sent a foundation in LAN, big shock, will match him and with Vernon, the first one who sent what it is, a bit of the problem today on blocking it exactly based on its notes. Our centralized platform allows us to be transparent and to do that. That is to say, the problem you raise is on the chain blocks, if two people, the editor Delta Things are a whole chain. If there are two people at the same time, you'll take the one who wins in the end. It's the miners who say, "Oh well, it's him first, Rousset elected after."
So it's not done, and you, it's imposed a problem. There are stories of how many singles in our infrastructure, as soon as we receive your disgust that he has the cryptographic proof that says, "I want to place an angle," we count according to the text, and then our match mechanism, it does it chronologically. So it was a bit atomic, and that's the good side of decentralization: that given the times we have, we have a centralized server that receives the orders and processes them. We don't have the problem that decentralized infrastructures have. Well, it's not us, it's really the first one to arrive.
The ideas, the service, usually, it's true that this is a real chain problem. It's like if you want a child in Paris, but decentralized, if I have a man in Italy, a node In Shanghai, how do we make sure both parties know there are geographical latency issues that come first? These are complex things that are bogged down by centralization. [Music] But it's only today that they aren't revisited at the museum, forgetting two days ago, more obviously a very intimate transaction, and then the 2005 league, but be careful if you like this, it concerns [Music] France minister on date [Music] simply sliding and so that's all our time, I'm going from the launching device, that's our whole challenge, it's that we absolutely cannot, we can't appeal tomorrow because we can't force anyone on the next case, an action, and we especially can't be in a situation where a user is negative, so it's a bit of a test and not by the, so in these cases we delivered, we made sure that our parents, if you have, made French margin calls, we know what we do, yeah, because in fact he will, he just makes a game order Longuet on the land, it's according to your dreams, how is it? That's good, we don't have one of the two big challenges, but it was verified that everyone is solvent and to have the shares that must correspond to that, but we still keep it, it's really a decentralized reflection of the Stella letter, that is to say that from the beginning, the people who enter our products know, it's true that I'm undermining, they will be delivered in very special cases and that it happens, happens, but once we, the doctors, more than always the same in terms, it's on the side of the rules, you mustn't miss because after these are autonomous, but once you know the rule, people, if they accept, they will be fulfilled at Christmas, there is, if you don't lose all the cash, and why then, if there is no market call, who has benefited from its allies, bigger than 24 hours in Sausset, and normally you have infinite time, so it can be a way for the rise in the profile, you are not books, and so I continued to see your pressure in very specific cases of black Swan Events, there are times when even winning positions are dilapidated, and little by little I move on to answering, well, if the veil had also left, there's a short and a long contract, if the long one is liquid, and how the singer continues his position in Gironde, not only that, it's that they want to excite a small site via people who will know the rules, and that's a bit what the banks are also surprised about, but there are nine of us, what surprises you, that is to say, I live, but much more, we go further in maturity, chances, veins, but for us it's still more than that, that is to say, we make rules, they are transparent, everything is transparent in our way of matching and people, and if we do something, if something bad happens, they have a capacity and a pictographic compote to say you haven't followed the rules, and on its side, they withdraw their funds, basically it's Yaya Jammeh, a moment where we take someone's will and we do it for them, that's the concept, that's Sure, the shock, for example, of the Afghan hounds and such volatility, the commission, the subsidies, help us, that you are, you reach, I don't know anymore, I will need a term of office, research, but I was passing two points, 5% of you approaching zero, you left deacons, and since we have centralized infrastructures, we don't have a problem with the time, we can and we need them to sit down, undermine the homeland, what we can really cut the circle like any bank, the nanny, really the biggest difference is that we don't have control on screen and we are transparent, and if there is a problem, users can attack us, or if we are a big problem, it's if we applied what is annoying, is in alliance, we made sure that the flaws, the bottom, which concerns the pressure, I think, how well, what they didn't take information about, regarding the spirit, what economic model behind the economic model - together we would like later to decentralize our side, so there we are going to go, all the clashes in the match or on the descent to The story of which verification means that anyone can verify what is happening on our network and attack us for doubting things, maybe in the long term we will succeed, we will try to decentralize this validation and so it will be a token, okay, see decentralized economy, that the profits, we fall back on Canadian rates, but for now we have a model, we are trying to be concrete and go on the water, on the market we have a classic model, profits beat for having worked, but we take threads, a way, its creations, I think that's it, I also want to go in a more formal way, more questions later, thank you, I am American, Bill is ugly too, and yes, the companies during this match, so we must, I curse the co-trith, Staios spirit, pre-order, yes, but the Thaksin tracking, we in Africa, his life, she loves it, does he?
[Music] 6 2 of invoice, rigorous process, neither trial nor magnificent game, younger, s college of, released in three sets, 6-2 6-3, Monique, factories of magnificent stadium the manufacturing process those of the meditations of the chip trial user of Newcastle urinated 106 scares me and the terror this trial 6 km of files network tenacity at any date for the trial it's a school of magic Ben Bernanke if Robben Higuain and maritime on the ground on the program programmed exercises Jack and then we said Jawad and progress from 6,200 dinars [Music] and if you see a will find training without major problem [Music] here in Washington DC for a final also defended Anna Wintour who are recruiting [Applause] Chuck Fletcher using the first Avenger [Applause] good evening everyone so I call it wisdom see here you presented there is no for those who know us often I you I was talking about another project, the Isabelle Dinoire Health Chain Block Project, which is a decentralized platform for matching people for transplantation. That's why I'm joining the Line A project I mentioned earlier. It's because Kynar specifically needs Line A, so this is a little teaser. Also, understand the impact this project can have on the development of future applications. And just to connect with the previous speaker, there are quite a few similarities between Line A and Bayonne.
You'll see why the concept of a set for us is about the human element, so the goal is precisely to create a protocol that will allow us to connect the data—I'm having trouble with that—of a person. So, it's the data you ultimately generate throughout your life, and link it to a person via what we call a " stasgene des tas" (a type of network). This is based on the idea of this week, Hayden Septier, and building Web 3.0. Today, everyone knows Web 2.
0. This is something we experience daily in Switzerland, namely Google, Facebook, and all the applications that have been imposed over the last two decades. But the core issue is that we have a toxic relationship with these applications. Some have allowed us to do exceptional things, some have changed our lives, but we realize that behind this, they hold the keys to our information. It's not very fair in the sense that they manipulate the system, and we don't get much from them.
Ultimately, the user is removed from the value chain and therefore from everything. The monetization process, which involves getting nothing in return, is more than unfair. If you've bothered to read this, it's almost paradoxically better to go and read on because you'll realize that you live in a world that's upside down. So, the point of creating a 3.0 version is precisely to regain control as a user over your data.
And if I add this point, it's a work of art. Single sign-on is very interesting. Who among you uses single sign-on for Gmail or Facebook to quickly access a service? So, when you arrive at a page and the world of accessing a service, it's certain that between filling out a form or clicking a small button to access our service directly, we'll tend to click that button. This means that Web 2.
0 applications have something to gain; they've won the battle. We ca n't be as good in terms of integration with blog applications. We haven't been able to win, and we haven't been able to see the impact of Web 3.0. That's why it's interesting to see Lavinia, not only as a protocol project with data sharing and data storage like what we see daily, but also as a change at the EU level.
There's something happening with single sign-on: we're creating another identity that isn't held by the state, but which... is held by a digital player, several digital players, and we have ultimately broken the law to recreate our digital identity with a central authority, so is that really what we want for the future? I'm not sure. So the idea, the idea of ignorant people, I don't know, you saw the handsome guy and concentric, in fact, it goes wrong when you take a man and cut him in half at the torso, it is necessary concentric circles that trace his history and give us a lot of information about what he has experienced, and so, line to, it's the same, it's an application, it's a protocol that will embroider, in fact, all the dates, everyone envies it, which will allow us to unlock, in fact, services that until now you had never had access to, the principle of lines, that is to say that you are, you give, so if you manage to regain control of, give me, our digital life, if we had to explain, Liziard, it's the concept of a living room, a beta, we go to reason And the platform to store and share data, otherwise we can't create a service. We'll mainly collect longitudinal data, meaning no, not two-fold dosage data, like you get sick and suddenly we run a battery of tests, and so you see your number of generated data points is very high, and then when you go to get tested, it's radio silence.
The path to changing the paradigm is a bit like what we also see in other areas of medicine. It's not about curing, it's about... we often talk about preventive medicine. In fact, in every world, normally, in your life, you should collect information. It should give you what we call valuable insights and clues, advice about your country.
And so that's what's behind the assets is mainly the fact of creating an ecosystem of applications. If it will allow you to use this data to create its services, for example, a machine learning application that will allow me to discover insights in your data that can even seriously impact your life, it will make you... So, the engineer, the principle behind why this project is interesting is that you give all your love to value; that's the principle of Web 2.0, the wealth of the world of transit, compiling data. We know this, as I do, that you're going to generate data all your life.
We know that you need a place to store and manage access to this data. So now we can say at level 1, we need a system, we need control over our data. And some will tell you about the shortcomings of building a database with a server at home. Great, in terms of bandwidth, we've already lost. I think that people who can't even manage today have decided to write the letter to buy Moon crypts, and they certainly aren't going to install them in their living rooms.
So the second option was Web 2.0. No big deal, we'll entrust everything to data centers in who- knows-what country with who-knows-who using them and doing things on them. But no, there's a third option: we can use storage systems. Decentralized with a better one that will do everything that is permitted, Cioni Gay, which will act according to what are called policies, so the rules somewhere that you will give it, and all that, but to be executed by the right people, so it will scrupulously respect it, less directive, and so when we started thinking about this, or giving it, we realized that we couldn't really do a Stalin of the state on the bar, a salve sun to identity since your data is linked to the good thing is that today we are in a project, there are several, but in any case there is a really existing project which is Luthardt which is solving this problem, so we are not reinventing the wheel with it, the objective is to be interrupted, terrab, use the technologies of all the projects that are being created in the ecosystem, but in any case, Nathan's concept on identity is that it must be unique, it is very difficult to have a unique identity without appealing to a central authority that will validate that in Its records allow you to exist as such and such a person with such and such identifiers, but in the same way, this identity is not static; it needs to be used in contexts.
Therefore, this is a kind of multifaceted concept, meaning that on a daily basis, as a user, while our identity is certainly unique (otherwise it wouldn't make sense), you have what is called a contextual entry point. This means that you will present certain facets depending on, for example, your work, where you were born. So there is data that is linked, perhaps to putting 10 or 13 generic drivers that will allow you to have access to download certain applications. Let's say now that you lose a certain type of car, you might have access to applications for customers of that car. Let's say you are suffering from an illness, so in your party, the 10 Calais brands of information on this illness, you might have the money from the support group of people who have this illness who have benefited from Diatta counseling programs.
So you have several facets; you are An individual with complexes, as you already know, and so we're going to consider this complexity at the protocol level. So, what I saw here, since we don't have time to go into the technical aspects, but here's the principle of Hejduk Tisser, what they use in Vitrolles: you create your key pair, which will be your master key. That's you. There are ways it's possible to acquire them. However, this isn't ready for practical use from a functional point of view.
So we need to have key components that are less meaningful. That's where the Chinese keys, generated from your master key, will be interesting. And so, in fact, we've generated charities based on the facets you 'll have, cash making. So it's interesting because we often talk about style. So, what we see here is that, certainly, we have several verticals, but especially this player at the base level.
And so, I don't know if you'll realize how much this can accelerate the emergence of Web 3.0, since a person who, for example, has a The only series of attempts involves a loss or showing, then using line A for its data layer and then using Water 3.0 applications, for example, for smartphones, and incidentally, seven invited people in charge of the gaming application or an application for their photos or for their health, well, this person would already be an iPhone user, so there's a kind of virality that will take hold, and we hope, in fact, that it will generate more and more adoption at the level of batch 3, 15 euros, and it will allow, I hope, the migration of this comfortable but toxic 22.0 ecosystem, so their transition, the prime minister, and which gives governance back to the users, and for the applications, that is to say, for the people who will really tell me they develop applications, the startups, it's also reassuring to think that ultimately any of these verticals is an entry point, so imagine you're sleeping, you create a machine learning application that shows a correlation between a person's mobility data and their health, it's still nice if you see that there's a Someone who already has a management app that collects data on their car, so that means that with one click, rather than directors, it will take us three months to do some learning on you, since in any case, from the moment you start feeding yourself, and so if you have some, there are, but very well, I authorize this application, accepted, to give it to the data that interests them, given that this data is cataloged, the application will search for it in the media system, and well, it seems that at this moment you are here, they can already give you advice, information, or even visualizations of your last three months. It completely changes the way we design applications and greatly affects the work of the developers.
[Music] So I was talking about Joseph Thériault this month, a small arm 'ft', let's say, of what we imagine, imagine tomorrow you connect to line A and you have access to all of this, it's you, in fact, if you go a little bit towards your health or even your life, you will be able to see what It happened before, so it might not be for a generation, but he had teeth for a few generations. For Adam, information on family history—I know there are many people interested in that. It's extremely difficult to get the information. Normally, I've never had an easy way to grasp it with information about your birth in the same way. There are many people interested in the medical context of the birth.
They are calm. We would have, like vaccinations, all that in one place. Obviously, you'll... you were sick... the stops...
what happened, what preceded it, what followed it... and also, we base ourselves on something reliable, concepts from sociology. In fact, there isn't... if you know Dunbar's principle, which said that in communities, in fact, we are really connected... 450 people, at least in the time of hunter-gatherers, that was the case.
Now we arrive in a society perhaps connected to two thousand people, but we have lost the interest of this first type of society where ultimately it was 550 people who were in number Limited, you know it very well, and can you say if you had abnormal behavior or an illness? Hey, I did pretty much the same thing with so-and-so. Here's what this person did. Try it, maybe you cured them. It turns out that the person who manages the project, the one who really triggered this initiative, Digos Spinoza, has diabetes, so he was pre-diabetic.
He succeeded, through his research, in reversing his diabetes. It's something very difficult to do, and he did it without actually following his doctors' advice. It's not that these doctors didn't want him to get better, of course not. It's simply that the doctors, at a certain point, come from a central authority, which is what they learn in medical school. But we mustn't forget all the collective intelligence regarding the disposition, and that we've been stuck for hundreds of years, and we hope that with this Web 3.
0, it's only with this online approach that we'll talk about both using the power of connection and the fact of connecting to... Thousands of people, all benefiting from community information and collective intelligence, mean that if your profile matches that of 150 other people, the data collected will allow us to track profits, whether through personalized advice or personalized medicine. Perhaps what isn't working for you is because your doctor might say that this is what worked for those 152 people you would never have met. So that's the whole idea. There's also, of course, a challenge behind it, but I would say the concerts.
The challenge is how to transition people from a comfortable Web 2.0 to Web 3.0, where there will certainly be a lot of technical challenges in the coming years, even if everyone is trying to simplify things. So what you see here is simply a metaphor for that, but that's the idea. Today we're in a decline in local solutions.
People are very happy when you look at the other side; they say, oh Well, well, this seems complicated to me. Either we have so many security flaws, or it's too expensive, so we prefer to stay on our little hill. Welcome, we can see there's another one, there's another maximum that's over there that brought tomorrow I'll go, but as long as we don't go into the valley that was for sale and which was n't very appealing at first glance, we'll never be able to reach it. So, if we have to understand, with the Nonya system, legislators are winners, companies are winners, startups are winners, everyone is a winner. The idea isn't to exclude anyone, it's just to put users back at the center, and so if everyone cooperates, that's what we're noting here.
In fact, it's a network game. If everyone, like us, loses, everyone can benefit from a system like this line. Why do we typically have plenary sessions? In any case, we're going to try to solve a challenge that's very present, blockchain blocks, namely how to reconcile confidentiality Transparency is key; we're still on a platform designed to maximize data circulation, but at the same time, it needs to be secure. So, if we can solve this challenge—making data available, enabling decentralized storage, easy sharing, respecting user conditions, and implementing what we call "blaye storage"—the platform alone, in any case, in terms of coherence, is also a significant undertaking.
It's expensive, so I think, yes, that's exactly the same reaction we have in our team when we're facing the wakeboard. There's work to be done. If we can do that, we can completely transform this ecosystem of applications, and the applications that are low-level and confidentially designed, respectful of individual privacy. The team is growing by delivering results, and I'll even go further: results that you can't achieve today because, as I was showing you, there's no interoperability, no possible matching, because there isn't... So, based on a common foundation, there's no need for a by-design interface; everything will be interoperable.
And so tomorrow, if someone—I don't know, from Korea— connects your vegetable garden to your mobile device, or analyzes twenty photos of what you've eaten and your health, or whatever, it all becomes possible. But it has to start with the foundations, and therefore with this protocol, and therefore with AI. That's why when we play online and have 3 players dead, we'll reconnect the data with 10. In fact, when we work on it with the team, that's what we see. So there's quite a bit to do in terms of scalability.
I was talking about Blaye Computation; we're working on everything that's deep, especially for young people. We're working a lot on crypto aspects, but when the cameras are there, they're right in the middle of it at the moment. So, we have a lot of technical challenges to solve, but let's say these are fictions for a good cause. So, how does it work? We're not as mature a project as what you might have seen, and at the same time, we have a fairly broad scope.
So, we have a fairly significant R&D effort. We're developing the protocol to identify the couples and components mentioned, and we're losing ground in the east. But actually, we have an approach to it, which I was telling you about, and the oxidized part is wanting to put all of this in the user's lair without them being afraid. And even if I could, you prefer to use Sarthe, they understand its interest, referring back to applications like these centers that really have it, what, and that they abandon. In fact, it's the 2.
0 application, and once we've succeeded at that point, we would have gained something. I already have a small team of 10 people, and we continue to recruit. We're all a little bit in this situation where I consented to this game because it's not a sport that he's not telling you. We're looking for people. We have a real one where the father has a conflict somewhere that will come out in the trait in me, and in fact, we have it.
I've taken it in parallel development. The range is what we do is that even if we don't have to deliver today on the bridge, which is part of the federal protocol, Joby Pasqua, because it allows us to test the technique and especially it allows us to put prototypes in the hands of users, and so that's how we get Sidaction 8, quite simply, I thank you for these medications, the Dida [Applause] staff work but no [Music] basically at the island level, it costs, so the data is coming, moreover, a place to come from the user himself, so that's what we call two sets, it's worth it, state clerk, and it can also read other institutions or two, for example, if we take the case of health, it can come from your doctor or a laboratory if you have had tests done, and they themselves can push data about it, it is actually after a living system at the protocol level, which is in systems of the attestation, which also uses one at home everywhere, and so it has made a donation, if the attestations, it's a kind of Jean Faye didn't do anything wrong, and to link your identity to Baghdad, so if someone else wants to give it to you, if you use this certificate, a few benches that you approve of that age, and it finally enters your personal database which is distributed on the [Music] platform. So imagine I'm asked to use an application, and this application, in any case, via this application, yesterday's candle is the data. If it uses automatic verification, it will pull on it, in any case, the necessary information because you also have to see what's really needed. Typically, there's data that's crucial and for which we need proof because later we'll ask, for example, for medication, so we need a medical prescription, a prescription, to be in it.
So, we'll actually store that one. So, let's imagine that your doctor's application allows you to do that. The fee will be stored. You'll approve it, or via your application on your smartphone, and then right after, when you go to the pharmacy and people can... Perhaps in relation to your liberal profit, you have indeed attached this order, but only because you gave them permission to access you, giving years since this information, that's the idea, it's to create, that's how it is, we have two ecosystems, they don't want to, so the useful site didn't have here with which you are very, it will be a nice slap in the face from Tulane integrating the system, we will be able to make sites, accept that we have done the creation of data, as if you're not addicted to clay for a diplomat, yes, we put anyway, it's a Saint Brevin, points are starting to be worth, so at the level of until yesterday, I pd, so it's good because there are two of the students, which 42, lady, yes, so everything that is HD, today, I was at Orange before, the one where I did my thesis, Orange and hosts, the health grid, it requires rather, finally, to really show good credentials, we 'll say it like that, today we try to make sure that if we stop information that is sufficiently encrypted, we This deals with what we call a legal constraint.
For now, we can afford to store it, at least in nodes that will be very harsh, where the little lim had medical data and I don't know, give you 8 hours light to centralize them, you wouldn't have come back to Yas Island, they won't be stored with the same people, so the idea is to create what we call a wick line that will host certain data, and the most sensible data, we don't have the same hosting conditions in the same way, this match, in fact, it will also do the calculation on these dates, so when there are services that want to perform calculations on confidential data, that is to say, calculated things that seem far away, the data in this case, and not necessarily understand the result, but you can access it, we will also do it on secure ones, in fact, we will calibrate its share, local actor uses, that's why we go there, 2nd noted, do we say that if their marriage to do this in health So how is it that everywhere, in what way does the Sun blocks report that it's for the morning in all this? I'm seriously thinking about the decline, ideas, the idea of the Blottière, why decentralized, that it's very good to come but it can keep it in a high comfort 2.0, our three months are just the Laplaud, so the idea of drawing decentralization here is that for everything related to data management, access management, who can see what at what time, who can share, etc., we need an authority, we need something that manages this. So we have the choice of doing it centrally through a crisis book that tells you that we have configured your confidentiality, don't worry, we will follow what we say when it is and we take it on our word, so we manage it centrally, oh dear, and to say to ourselves, in fact, we no longer trust it, and anyway we don't even know what is done, giving a train is the same as selling them and no traceability, everything is based on their word, so the dance is closed yesterday because it is necessary for Centralists, because the euro is n't even a matter of suspicion per year, it's simply that there's no reason to trust it, and things prove that, moreover, we shouldn't be intimately involved on Instagram.
The terms and conditions are absolutely horrible, so they can do absolutely whatever they want with your photos, etc. We need it, we need this entity, so in this case, a ball gets to manage in a totally decentralized way what is done, the way they are managed, and in fact, we go further, given that we also use consensus in Faye to do a certain amount of heavy calculations, and therefore a lot of things go to PFS, which is one of the centers, and the stores are frozen, not a long chain, so we also use technologies of the same family, let's say, cages of the same family. We're really trying, eager to go into this vision, another AP 1-0 with a user at the center of the system and reduced power, if for all the central authorities that install themselves there without, that is to say, that it Wouldn't have a business, that tells me that now they'll endorse the rules of the challenges, that are on, it's on him [Music] everything is conceivable within three hours from the moment the person whose data accepts, so there you mark the date to mark, it's not that we don't intend to do it, but the idea is someone who would want to be busy using it and propose an application and people could register on it and everything is already managed, the data storage of the database is perfected, but with us it's super simple to set up and we also have the objective of creating a kind of data brother, so what I had, I don't know if you just have to leave this body blank there, so in fact we also want to create a score, a kind of reputation score or more value on the data you enter, if we take the medical example, really to understand, it would mean that if you are affected, talk about an orphan disease, but your data from a research point of view will have more value, so there's this notion compared to a blood test, in the same way if the source of your data is certified. So if it's data you take at home in your living room, for example, I don't know, your blood pressure, like you others, you have something, over the years we've even planned to connect the jerseys, they'll align with it, so it's tearing itself apart in the roadmap, in any case, not if you took it at home, between that and a measurement that was taken in a hospital by a doctor who will link it with their professional health ID and who will sign with their electronic signature this information, the weight of the pill will completely change, so there's a dynamic system that aims to become more complex, so we're going to involve researchers, people in the medical field, for example, in this case, to create a matrix that takes into account all these factors and to have a mapping of the value of the ADAPA, so it's something of thousands, these new simple units of value like the carafe, it's also something, and then it will be my pay in value compared to full rates, so in any case, the objective is that the line in Lille is actually a tobacco shop, disappearing as we are not a structure, there is no doubt about this model on the links, we don't take any wires or anything, we will disappear little by little once the ecosystem in the mountains and the people that we have, the 600th that it could access, aligns and after everything is based on crazy, so we are really doing this for the community, if you defend the standardization bodies [Music] when they have made, so we have a protocol that will be universal, that magically makes these tools, in fact, it's a path that we have thought about but that we haven't even had the time to explore yet, in fact, it must be said that the team was mainly based in the United States, so the fact of talking about age and fathers was something new some time ago, so the standardization bodies today, no, we don't even have the bike mentioned there. So, we were better off doing our own thing, let's say.
Afterwards, we'll discuss it with them to see if it's a good match, or even propose it. It's something quite open that we're going to do; it will be open source. Having attended some meetings with standards bodies, I applaud the initiative, but we no longer have the drama of waiting for news later. You, yes, me, as... well, it depends as much as you mean as users.
Let's take, for example, a researcher who wants to launch a study and needs 300 profiles that match certain criteria: diseases, medical history, etc. He can acquire cable rates, do a search on the yam so that the Elysée Palace can know if he has data or not that corresponds to that. So, in a rather vague way, in ten years we found 180 people who could match with a degree of relevance. Do you want to request access to this data? And so, elsewhere, it's an exchange of tokens.
That's why this person must hold totems, lines. to pay because if we start with the principle of two brands and wounds, what we're talking about, and it's through this apostle to monetize their data, I would say no, a serious illness, as very well said, if you need to access data, it will be so much, so it's based on what I was saying, the same family score would have the value of a veil lifted, the origin and its fins, a certain cost in terms of currency, and so then the interested person can acquire them, and it will also be, we are studying the notion of sectionals as well, for that there will be transactions, exchanges that will be made, and then at the end the final transaction, it will mean that such a person has recovered local data and the people living there have been sent the data package that they wanted, thank you, okay, so an application, for example, would need to talk about lineage to interact with certain services to imagine that, and so it will give an impetus to the circulation of UTS in Cannes because, so for us, that's what creates the value, the podium must circulate, and so the idea is that finally the Applications that are between 600 and continuously interact with line A, and so there is in any case what is necessary at that level. Style doesn't mean that the level of the user interface for the users of these applications, they sold early on, that Emile, it's not at all mandatory, it can be applications that use completely classic fiat, however, at that level it will be a bit of a plus at the level of the job that develops because in addition to managing the country, for example, it would also be necessary, it will also be necessary, I had there especially that at, and so it's going to be the world of quite a few applications based on blockchains, some countries have done 30, so it's not a course of 0 6 1, that's a huge obstacle that we all have, I mean all the projects I know have pretty much this problem, how do we do it because we have the choice of saying it's the story that takes care of the costs, in short, it's us who absorb it, so what you have to do is a little advice, basically it's to define your model well to know a little After calculating the transaction volume, the interaction of stories and cables to the chains is second. I don't know if this is advice, but in any case, we went with this. When possible, we can do certain things in Cairo.
In the meantime, from the moment we arrive forward, proof of the integrity of what is happening, of claim and anchored on the loop, has passed from the techniques we use and our styles, and that it significantly reduces the number of interactions with the blocker. And after this, in fact, we can very well assume it as Lydia, given that we have a token whose value increases, and so, as I was talking about, I was saying that everything, while it didn't have a business model (not the right term), what I mean is that we are not here to make a profit on people, on donations that overwhelm incoming and outgoing flows, and so there could totally be self-sufficient with the value of the rate, enough to pay these fees, and in addition to that, compared to the wicks that I I was talking about Neuilly, there isn't actually on an accessible site since it's us, we have to pack it for free, make computing resources available to do computation, beautiful data, and so there will also be people who will win sooner than her, so after these people, the lace will interact with the blockchain to publish results, they will be able to pay in a beautiful way, so it's quite something, it's something that is, how to say, very complex today for blocked applications, leave totally on your drama, last question, and then we were given two families of victims, I fill it in, he is aware, we will have to, otherwise they cried, when I don't bother you, it's you, it's me who plays, but there is certainly also a familiar one of control, the connected car, when we see the way of driving, for a few points that motivate these parliamentarians, of smoke, more or less imagine that I am unable to highlight, and so if it is concluded by automobile, and yes, doctors do not consciously accept the data concerning you, okay, we will send in, but also the water, it is thanks to the peaceful on the Oh, I almost forgot that beyond convincing the user, there will also be wines that have so many sources, hours, the others, it's with them that we're currently discussing, in fact, so I was saying, I regretted it earlier, in fact, right now we're rather in the process of building Web 3.0, we're precisely attacking at the level of the people who today have the data to see how these people can move on to six-line applications, so it will be a good flow already in the process of giving since they are the interface with them between you and your data, and the second step will be that the average user hasn't taken part in this transition, so from 15 euros to 3.0, but so, since quality directly online has started to input data, but to be very clear, the majority of data about you, well, that's what you say, it's not, you're not retyping the data every day, so it's data that is automatically taken, it doesn't change the fact that it's generated by your objects, your Device, applications, etc., so anyway, there's a way to capture data.
A year ago, there was data capture, and if I were to mention just the yawl, if in terms of the future, in the coming years we're going to have a huge number of connected objects, that's why I'm betting on the Cydia roadmap. If we manage to collect data from Aliotti to Lilia, we're also going to have a huge amount of information about you, about your home, etc., etc. The information you hold, that you manage, and that you can choose to use for one application or another. As for when, these people won't be Google or Facebook, they'll be others.
There are other players interested in blocking it. Yes, in fact, it's the mayor's name. There wasn't Facebook, or people who are really into it. There are many companies in this gray area who are very interested in blocking it, who are very interested in digital security today. They would be very interested in having a secure protocol of this type to offer.
for their users, for their citizens in this case, and so they are very interested in developing private label brands if we manage to trigger the trial of these people, and I mean, I said I understand, for example, the people who are going through the block, that's what we saw with the previous interventions, there are many players who are getting involved because there is also a current benefit, in short, everything that is paid for, the olive, everything that improves the quality, the standard of living, in any case in terms of citizens' health with incentive systems, etc., it's something that also greatly interests governments, so there are many players and we will obviously start with those who would be interested, the man spoke, 4% who hold 90%, given, I had my daughter, horrible, otherwise we drop a cocktail right after, she also asks many questions, this is a great project, you can directly, CGT, recalling their cocktail, well, if you know, for Fillon, he will go first, there, I come towards Angers, of exact size, exactly, is a start-up Franco-Chinese, let's say that, yes, it's a certain Franco-Chinese, one of the oldest. It's active on the "Riyom, your memory" feature, there you go. And also a project. I also found a brain sponsor, thank you.
I'm back, good evening everyone. All it's about finding [Music] thank you [ Music] 1. So, exactly, it's a marketplace for computing resources. I'll explain a little bit what that means. It's a project that was presented for the first time in September 2016 at ADF Côte Deux in Shanghai.
So, Defcon is there, it's the annual conference, in fact, for developers and Terium. So, that's where the project was presented. And so, the French company was created in October 2016. We know it's the team. So, we're not very well with everything that's happening there, there's so much going on.
We're already 18 in the team, probably two women. You're there, we can't see anything at all, actually. It's a little bit of a shame, but So, happy if you want, so the people who have a little bit of Vendée, this rigorous Brigil Fedak project and OLED loading s Whoever is in the room is located very high up, there they are, thank you. So he is our technical director, one of the main architects leading an open-source software project developed within INRIA, and then there's a rest called Extremely and BHP, so that's the team. I don't know if many of you work in startups or companies, but this is perhaps even more important for block projects, in quotes, is that since our business model is very linked to the valuation of its digital assets, which is called RL, it's therefore in the token segment.
On Thursday, I'll talk to you a little bit about it, after a 7.7 valuation, actually too much of a boost, a lot on the equipment, and so we are quite proud to see this team of 10 people currently forming, so a marketplace for computing resources, so it's a marketplace, you have 3 years out of the water, three types of players: applications, servers, and datasets, and so all these people exchange using MLC, which is... This token, a digital asset that we ourselves issued on April 19, 2017, also allowed the project to be funded, since that day we raised the equivalent of 2 million euros in less than three hours. So, what happened is... if you want free rein to propose this vision, the exact development kit, which we call the " horror bank," the Vagabond, also...
the version that was released in November 2010... so you have this tutorial, a small team, by the way, but it's very short to do, which I invite you to try. You certainly don't have to install anything else; you can actually get a good idea of how it works in five minutes, at the application level. Since in version 1, I'll come back to that a little later, but in version... well, we don't yet have the complete marketplace and we don't yet have the entire distributed Walker network, which I'll talk about later.
Tron launched what we call the challenge; there are a few left. In fact, there are still hours to submit a proposal, so it's still possible to submit two proposals for the DAL Challenge. So what does it consist of? We finance the very beginning of development of different projects that would be built on the exact platform. You can see a disadvantage of the platform, but you can come with what we call a legacy application, that is to say, with your traditional application, let's say, and run it on a decentralized network.
So, these three hundred thousand euros for paraplegics are thirty apps, so there's still time to submit one application for the ladies' challenge until tomorrow. That's why I wanted to point it out. So there's what we call the App Store. The App Store looks like this. It's a bit more recent than the App Store.
So, you have different applications that leave the App Store. I was simply explaining. We can't see anything here. It's going to be great. What's important to understand in what we do is that you have A smart contractor, an autonomous contract, needs to roll dice to execute tasks, and we call that a "re-do" because it's not on the main chain.
Well, you can think of exec, in fact, that's the first family of applications we're targeting, and we've been told it will gradually extend to other types of applications, especially those in French-speaking Switzerland, in terms of computing resources like artificial intelligence, Haiti smart cities. So that's surely a view of the expo, their exact, so perfection, not familiar with the Krypton universe. An exploit is simply a tool that allows you to read what's happening on the right chain. So currently, we're a bit, in fact, towards version 2 of exec, which will allow, in this band, the inclusion of other producers, some like Serva, progress of the hour, or Corker, to miners. We're going a bit, in fact, on the infrastructure, initially only trusted actors, and I'll talk about that right after, until the opening, a much larger opening.
So, it will be larger in May 2018, and for that, we need what we call the "un poco" (a little bit) group. They can contribute to the "cheveau" (hair), which is actually the column and the conscientious consensus algorithm that is being developed within the team. Just a word about that, so, in version 1, in version 20, developers can already run their applications, but for now, it's running on a private worker network for v1, SSM, which we will gradually open up until May 2018. What I simply wanted to show is that one of the important points of the project is that we really want to make our computing resources accessible. So, if I need a machine, I have one machine; if I need a machine, I have ten thousand machines, and I pay for them in real terms.
So, you have Mrs. Average who is there, and the mobile app is, in terms of volume, nothing It's a shame, but we see, we're supposed to see, actually, these are photos that were taken in a residence, in the boiler room, a student residence. So, the servers heat a liquid that heats the water that rises in the building. So, it's what we call the edge computing model. So, I use my application, and the data is actually processed by the neighbor's heating system.
Typically, it's annoying, but that's what I wanted to tell you. Thank you. [Applause] [ Music] Yes. [Music] What are the instruments? So, exactly, it works on the right chain, it deteriorates.
And because, I don't know if you know, but when we hear about developing an application on the inside, we are very quickly limited by the capacity to position it. Terium is therefore correct. It proposes to extend this capacity. We want to push innovation as hard as we can, especially in the field of decentralized applications. It's a little bit like the Web 3.
0 we were talking about. This is about the current situation and this whole future generation of decentralized applications, and elsewhere, but on the App Store, yeah, I'd like to mention a partner that's blue, the Ayela bottle too, there you go, there's also a proposal, in fact, which is also an increase, only by the Jo room earlier, so it's based on the model of that savior and identity, and so that's something we're also sensitive to, I don't know if I'm addressing your questions a little bit, okay, so I was able to point out that it's a marketplace, so that means that the different types of players I mentioned, including the applications and servers, the datasets include valuing their resources, and so if I make an application, I have access to this powerful machine, almost unlimited, Aurélien, as an application, as a developer, okay, so it's wise to share that with my users, okay, and on the other hand, if I'm a walker, if I'm a server provider, well, I'm going to value, that is to say, I'm going to earn The value of participating in the network, okay, I won 2 in Nice, and by processing the data as sent to be processed, there you go, and there you go, it's often, there are often, there are plenty of situations where there are surpluses, in fact, there are surpluses of energy, convincing, there you go, unused, we'll be able to value it in this way, yes, mission G, yes, so our friends from M, so it was after, we make approaches, these two different approaches, in fact, since they chose to launch their choice of first focusing, in fact, on the CCJ in 2003, their interests in 3D, there you go, yes, but for now, but that is to say, we'll see if you want, they are also capable of running after any application, we'll see, what is certain is that we have developments, in fact, we can run an app that can, by the way, we'll soon make a little noise about that, and so we'll be able to do that, so what we can also say, well, we are currently looking for points of cooperation or something, it could potentially be interesting at some point, but For now, we're trying to see what's capable of producing each other before going further into these kinds of discussions. Yes, yes, so the Boko, the good one, your contribution, so the dirtiest ones, is a key piece, let's say, of version 2, so it's planned for May. How does it work? You have it, it's a human mixing things together, staking, reputation, so the more reputation I have, the better my reputation.
I need steak, and in fact, quite simply, in broad strokes, yes, there's a form of proof of calculation, the reports to the contributors. Well, yes, in fact, precisely proof of calculation, that is to say, my friend, that he did the calculation and proof that someone is right. But yes, absolutely, precisely, the contribution itself serves precisely that purpose. So, it's currently being finalized, let's say. We have a researcher from Lyon who works with us one day a week and who is currently putting a little bit of...
a little bit to put valleys on it and calibrate the caliber and Alençon yes because his wife does not involve makers of what we call what no action is moreover to prove that I succeeded well it is the one to whom I have strongly given the power who must do it but if he cannot give you that yes when the result was good yes it is really not and indeed it is a form of 2.2 scammer that is to say finally in these cases it is not staking that is to say that I put a certain number of values at stake and if by chance I had had bad behavior well I would be punished directly at that moment and I lose what I call me and Laval that I had put at stake thank you for your attention [Applause]
Automatic transcript — names and jargon may be misspelled.