Brief Update

hey everyone this is Charles hoskinson broadcasting live from warm sunny Colorado always warm Always Sunny sometimes Colorado today is July 20th 2021 and it has been an insanely busy month a lot of traveling a lot of working a lot of programming a lot of papers and I just wanted to give you guys a brief update so cardano 360's episode is coming out to on the 29th I believe that's a Thursday not this week but the following week I and we'll be able to give you guys a big Alonso update everything is looking pretty good looking it's on schedule the application backhand integration is on schedule the wallet back-end Integrations on schedule we have a working Alonso node as many of we've survived the blue era that was fun and now we are in the white era and right now we're Mass onboarding people and pushing out the new node version 1.2.8 that's coming soon some CLI updates as well and we're going from 3x exercises to run to about seven exercises to run and the set of people is going to scale from dozens to hundreds very soon on the network we've also begun transitioning some of the development Partners to become basically integration test Partners in particular metal lamp is really going to beat the hell out of Alonso white we look forward to a lot of their test vectors and scenarios two papers in particular I want to call out one is the Jed and I mentioned that in a prior video and then the other is mithril in both cases we take these papers very seriously and I'd like to begin prototyping implementation immediately for them so for dejed we already have a lot of knowledge we've gained from the ergoscript implementation of minimoltajet and we're right now sourcing a good team to continue that work effort and experiment play with the design given that we actually have working code and a formal model for it as well as pretty well thought out algorithms it should be a rather straightforward implementation but it's an incredibly good stress test of plutus today also marks a milestone Maurice was able to get the entire application back in compiled and running in JavaScript and then that's a big effort compiled to 98 megabytes in writing in JavaScript so a lot of optimization a lot of cleaning a lot of stuff to do and of course we're gonna have to run a large test Suite the point of the PAB in the browser is to enable plutus applications in the browser so that's a big milestone to see that team do it and in the coming weeks and months we'll continue refining that in anticipation launch of Gogan so the jet will get where it needs to go and Pap and browser will get where it needs to go and the other is mithrol is the the great paper and we've already reached out to several vendors one is a U.S company and the other is in Ukraine to discuss what an implementation would look like in the time Horizon of an implementation really two value propositions that you immediately get with mithrol one is that it's going to enable full security really high security like clients where it doesn't matter where you get your Source from you have enough information locally to be able to know that you're not being lied to so that's really the Holy Grail of like clients and two fast bootstrapping where we could actually create certificates for each epic and there it may open up the ability to do parallel validation of the epics so this is something that can be implemented rather straightforward but it does require a new crypto primitive and we're right now assessing the complexity of that and how quickly it can be done but it's something that's high priority 30 for me I think getting cardano into the browser and making sure that that's a great experience and getting cardano on the cell phone and the DAP ecosystem on the cell phone is a high priority and as we March towards Gogan it's very important that we also have a good strategy to make sure that that like client experience gets where it needs to go we have a really big like client team that we've been spinning up we keep adding to it we have a great UI ux team this is the first product we've ever done with UI ux first as opposed to technology first so it's a little bit of a culture shock and experiment but I think that's the way to go especially for a consumer oriented product we'll have more to say about that at a later date but that team is really passionate and enthusiastic and they're moving along a lot of progress with plutus Pioneers I think we're over several thousand people now in the the total program and a lot of test code being written and I can't wait to see some of the infrastructure like cubic's property based testing framework and other such things work their way to cardano they've been contracted to do that Alpha Frontier is also writing specifications very quickly so we're going to soon be able to do apples to apples comparisons of applications on ethereum versus cardano but preliminary testing is looking very promising all things said the ocean is blue no storms we're moving forward at a pretty systematic Pace we're writing software faster and more efficiently than we've ever written before and you can see that in the GitHub repos it's kind of funny everybody says commits don't count they mean nothing but they never actually bother to look at the GitHub commits and they never actually bothered to look at how we close issues and move forward from a product management perspective and if they bother to do that they'd see enormous progresses being made week by week and the constellation of Partners the Improvement of documentation and the methodology is really coming together so it's going to be a good summer and we're going to have a very strong launch I think and there's going to be a few things that need polishing and refinement but all things considered the ecosystem is moving along well as many of there's over a hundred integration Partners so when we do a hard Fork event over 100 people have to upgrade companies their infrastructure like wallets like exchanges and so forth and that's a lot of work so it's very important to do a stage rollout that's why we're doing the Alonso colors and we'll be talking more about that stage rollout next week Thursday to kind of give you guys a sense of timelines and Horizons and so forth but we feel very confident with the progress we've made so far and all things considered we don't have any major bottlenecks or bugs that have come up software software so stuff could come up but at this juncture I feel pretty confident given that we have a working Alonso node running plutus code against it it's just a matter of now pulling the components together and the two biggest or the wallet back end and the application backend they do different things the back end is necessary for Daedalus integration and for the hard fork and the application backend is necessary for the full Rich development experience it's actually possible without it to deploy smart contracts on cardano but your experience will be similar to the experience of the Nintendo developers way back in the day when they were writing Fantasy Island or whatever these games that came out in the cartridges not exactly the most fun in the world a little bit better but you guys get the idea it's good to have tooling and that's exactly what that team is doing and there's a whole constellation of software that needs to be written around it tested and so forth but the deployment of that does not require software hard Fork so it can be done in iterative stages and each Milestone produces more functionality and a better development experience so what will likely occur is that the Hartford combinator event will occur after the node is full fully burnt in we have a high degree of assurance around that design and we make sure everything's looking good everything green and the wallet backing and Daedalus are integrated this will give the integration Partners the 100 plus of them time to upgrade without high stress on the network from Smart contracts people admitted that you Fork will be able to run any smart contract they've written as long as they actually can compile and get it working on the network it's just the development experience won't necessarily be there for regular developers to come in so it's kind of nice to have that because you'll have a situation where the load is low and we can run a lot of test scenarios and so forth and PAB can be implemented gradually it looks the current integration of PAB for the node will be finished at the end of July that's our current deadline and I haven't seen anything different today but things change week by week and then the next step for the pap is PAB against the wallet back end the wallet back integration looks it's going to finish at the end of July as well at our current velocity from the data I've seen from our daily reports so after those events are there decent decent product and then it'll probably take an additional four to six weeks to finish the PAB integration with the wallet backend and that's where you have an end-to-end system for full smart contract development so you have a beautiful development experience at that point so if you do the math it looks like September is the month for that but that doesn't actually hold back as I said the hard Fork of that so optimistically I think August still looks pretty good pessimistically September looks pretty good but the velocity hasn't changed and we haven't encumbered any significant delays there were some in the beginning integration delays originally we thought it'd take about four weeks to do the wallet back integration with node but as with all things we discovered that there are some rough edges and a lot of additional work had to be done so that four weeks got upgraded to eight weeks so instead of the early July end of July and then there were a few issues with DB sync and a few issues with surrounding infrastructure but that's been resolved and those pieces are turning on and testing well and so forth we have a lot of experience with this infrastructure and software now and the software code quality is quite good and there's fairly low technical debt in most places and we have a pretty good idea of how long it takes to do something so all things considered I'm pretty happy with that course I would have liked all of this done in March or or January or whatever but it is what it is this is the nature of software and August September is looking pretty solid something could come up like for example we could have several of the plutus core team on a plane and it could crash and they get lost in the Amazon or something or an unforeseen catastrophic design flaw but it's very unlikely for these types of things and as I said Thursday next week we'll have the 360 episode and that episode will kind of go through all of this with visuals and talk about basically milestones and these things but you've got the same view that I get and the view is quite positive what is much more meaningful to me is the development of a developer ecosystem and catalyst is swimming along fabulously we have a pretty good ecosystem map there's a lot of people who are committed or already designing and building dapps and to see them roll over into Alonso white Lonzo purple and eventually into the main net is going to be a really fun thing but it's going to keep us very busy and this is why we brought on seven development Partners so once they understood plutus well enough to build applications they also Now understand fluid is well enough to act in an advisory role so they could do things like pull request review co-architecture co-sourcing or potentially even full depth development so probably another month or two those Partners will be completely where they need to be and then they're available to the entire ecosystem in addition to IO Global and amergo and DC spark and other companies in the ecosystem so if you are a developer and you wish to program but need a little help or you're an entrepreneur or you're a business and you wish to migrate there's a really beautiful ecosystem now of of players that intimately understand the tools the technology and how to write Buddhist applications and they can work their way in so we'll have a lot more to say about that in the coming weeks and months but I wanted to give you guys an update today because I'm going to be heading off to Satoshi Roundtable here in a little bit I I attend that event now every year Bruce Fenton puts it on and it's a great Summit it's the Bilderberg Group of the crypto space so it's a great Summit to meet all the other crypto leaders and talk to them about who's who and what's going on and what's going to be hot for the next year and where is money being invested and so forth I and hopefully we can represent Iowa Global and cardano quite well we're also quite happy to see a lot of progress on the cardano foundation side recently Fred gagard did a video on the strategy of the Cardinal foundation and there's a lot of great progress on the management side the council side and hopefully they're going to be able to match a very aggressive budget with their strategy and publicly announce that soon and we're starting to definitely see more productivity progress and effort kicking up out of that and also it's nice to see a derivative ecosystem forming DC spark for example is comprised of the former CTO and director of engineering of amergo Nico and Sebastian many of you in the community know them well and they're committed to building great products and services in the cardano ecosystem and we're seeing a lot of that occur where people who used to belong to some of the parent codes are growing up and getting their own ships getting their own commands and getting a little bit more agile there are kind of the speed boats versus the cruise ships and ecosystems need that catalyst is also speeding up well over 50 things were funded as I announced when I read off the winners and we're going right into fund five and we're just going to keep chipping away at it keep the velocity going and hopefully we can get to 100 and then 200 and then 300 and the numbers will keep growing as well and a lot of support infrastructure is being installed so look for the 360 episode at the end of the month and of course David Orr's mini 360 if you don't have the patient sit through for a few hours that's okay time's finite and if you're a developer do let us know there's a lot of hooks in go to cardano.