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Musings on Cryptocurrency Infrastructure

Tuesday, October 25, 202211:1233,419 viewsWatch on YouTube

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hi this is Charles hoskinson broadcasting live from warm sunny Colorado always warm Always Sunny sometimes Colorado today is October 25th 2022 almost upon us is Halloween the spooky holiday I wanted to make a video inspired by something I saw on Amazon and it led me down a path of thinking about cryptocurrency infrastructure and just how magical our industry is see one of the superpowers of cryptocurrencies especially real cryptocurrencies is this homogeneity and that anybody can participate at any level and when we think about the infrastructure of cryptocurrencies meaning the backbone that actually runs the protocols themselves I wanted to show you a few Links of just how accessible low-cost and easy it is for somebody to start from zero to actually get to a point where they could conceivably run something so let me share my screen real quickly present share screen and here we go all right well first off we have this lovely b-link gtr5 now there's nothing particularly special about this computer other than the fact that it's just proving a point it's very small it's relatively inexpensive at about 800 there's a lower cost version that's 400 but what's so powerful about it is the this particular processor and actually all modern processors when you actually look at it eight cores running at 4.6 gigahertz and very easy to upgrade out of the box this could comfortably run the entire cardano network as a stake pool operator no upgrade needed but as the protocol evolves namely input endorsers come and more demand is put on the spos the only thing you'd really need to do is add a little bit more high speed storage 200 bucks a little bit more high speed memory 200 bucks right now 800 probably could find some deals or things even cheaper than this basically the idea is though for twelve hundred dollars give or take you can run a world financial operating system and this particular form factor is extremely low on power then you say well how do you make it secure well a few things one thing is you you need the right operating system it's probably the most secure OS right now in the Linux ecosystem or at least the one that a lot of the security people talk about is cubes OS and there's a good Community that's around cubes OS if you're curious about it here's a good video I'll go ahead and drop this in the chat right here for you guys so you just have a link there but basically cubes OS security operating system and if you want to learn a little bit on how to use Linux there's a free class that's actually on edx from the Linux Foundation introduction Linux kind of takes you where you need to go then you'd be able to read the Cube's OS introduction and there's a bunch of tutorials and documentations and these types of things and then finally access control to your little computer system Nitro key open source so basically it's like yubikey but all the shit's open source and it does pretty much everything from secure login and Litany of other things made in Germany No back doors all that stuff and it's like 50 bucks let's see here yeah 49 euros give or take so what's the point the point is that this is 50 this is 800.

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