Surprise AMA 01/16/2021

hi everyone this is charles hoskinson broadcasting live from warm sunny colorado always warm always sunny sometimes colorado and tonight i got the poncho because it's the good the bad the ugly night right and i figured it's a wonderful time to do an ama saturday night and the mood is right what a night january 16 2021 it's gonna be a real fun year lots of good things are going to happen we're going to brush off the crap of the last year we just got to spend a little bit more time get out of it but what a lot of work to do a lot of fun to have and i love all of you you guys are amazing you've been here since the beginning and then some and you've seen the ups you've seen the downs and there are good days and bad days and it doesn't matter no matter what we show up no rain nor snow so first and foremost i'd like to thank everybody for just being here means the world to me and it's what gives us the inspiration and resolve that we need to keep pushing forward and keep getting things done we have the mary hard for coming next month another hfc event just like all of our hard fork combinator events it's gonna go probably uneventful we have lots of work happening underneath the hood tons of work on address dia i'm pushing hard for hybrid wallets pushing hard for partial delegation hybrid wallets are wallets that allow you to connect cold wallets and paper wallets to daedalus deadlifts manages voting and staking the paper wallet in the hardware wallet manages the value keys so best of both worlds ease and convenience of a hot wallet the security of a cold wallet partial delegation is delegation to multiple pools with a single wallet both these are high priorities we're working hard on it a lot of stuff has to be done to enable that it was something i wanted to have with shelly but we had to pull it and we bring it back it just takes sometimes a little bit more time devnet's out just got my first devnet report we're going to start doing weekly or bi-weekly videos to talk about what's going on in the devnet fund three is out fund two twelve entities got funded eleven plus a mystery one i think it was spakra or some stake pool guild and good things happening there and fun three is much larger and it's gonna be a lot more fun a lot more to do tons of meetings about that gogan is looking solid native multi-asset comes with mary we've already been with the mint network allowing people to issue their own assets i think over a hundred have been issued on that network as a as a test and boy that's great but bring that to the main net is going to just be phenomenal and of course daedalus will catch up in time and we'll have that identity center and that voting center and we'll have the native multi-asset center and these things plutus test net is also coming soon as well which is the last of the devnets there was the evm devnet the yellow dev net and then finally the plutus devnet and all three of them constitute the different development experiences that you can have with cardano we call it the ocean the pond and the island so look for that and we're gonna actually bring in some firms to do nothing but write pluto's contracts 24 hours a day seven days a week we're not going to tell them how to write anything we're not going to teach them anything about the language we're going to just say here's the documentation good luck everybody and see what they can come up with the point is to be a red team to basically explo expose problems with the tooling the documentation the learnability of things and the clarity of things so this is kind of a security audit towards the end so it's a dev audit and it'll build lots of cool little smart contracts and patterns we've also entered discussions with runtime verification about taking k and over an arc of time six months to a year making ke one of the best languages in the world for smart contract specifications then you can use that as an executable spec that you can then test improve properties of pluto smart contracts ethereum smart contracts yellow smart contracts and anything else the k ecosystem so it'll be a universal specification language in addition to a universal meta programming language so that's going to be a fun thing and we'll have a meeting next week about it we just talked about it last week and huge scope of work in fact what's going to happen is rv is going to pull k out of runtime verification and create a k foundation so because case an independent open source project just happens to have been converted to academia and since it's going to become such a prominent part of our ecosystem for specification we did with haskell and working with simon peyton jones and the rest of the old school haskell guys we pulled haskell out we're pulling k out and there's going to be this great foundation for it so that's real exciting and look for that in the future take some time to get that off the ground but we're working fast on it and of course mantis work is looking great lunatec has really hit the ground running we've built a great team there and they're rapidly productizing and getting mantis to a real nice state so it can actually run the entire ethereum classic network if desired and of course bring the plans that we've outlined treasury system and so forth still doing a lot of great zero knowledge proof work we have good progress with sonic it's now in the optimization phase sonex is much faster and better than the snarks that come from zero cash land and zcash land and we can't wait to blend that with products like prism so we can take identity management to the next level and have identity with zero knowledge cryptography so you can prove all kinds of cool things about an identity without revealing personally identifiable information so that'll organically work its way into prism prism itself over time is being slowly but surely integrated into cardano so we there's travel real compliance and fatf compliance and we make the treasury department happy and that's just something that you as a business owner or or person dealing with regulated products have an additional tool in your bag to comply where and when that makes sense we also met with the lexion guys they're actually trying to take real human contracts and transcribe them into computational law wonderful beautiful project the founder of the project used to work at ibm he's written a book all these guys always have a book so yet another thing for me to read but we'll get around to it so we'll see what we can do there so a lot of pots in the fire and that's just a small sampling of them there's lots of other things you guys don't even know about and i'm not going to talk about but it i'm wearing a poncho so let's get to your questions huh from the sneak brigade how's the lion's mane factory coming along statements would be proud right now i'm actually looking at shipping crates converting shipping crates into environment temperature and clean room and style places to grow and incubate mushrooms probably throughout the summer and spring is when that facility will be built it'll take a huge amount of time to build the first module but once the module's designed then it's scalable so you can just keep putting more and more and more together and then each time you do it the yield scales linearly so and you'll get economy of scale so perhaps even super linearly so it'll be fun sarah when are we implementing a coke and approximate dates please february is the first well the second of the three hfc events then shortly thereafter the plutus devnet is gonna be running we're gonna beat the hell out of it there's a lot of stuff that we have to benchmark and test and then we also have to make sure all of our partners the exchange partners other people are happy because it's such a significant upgrade it's actually the same in terms of of significance to the network that shelly was shelley's perhaps a little larger because you're going from one consensus mechanism to another and you're putting the upgrade system in but remember gogan is physically changing the way every transaction and the entire system works because you're going the extended utxo model you have accompanying pluto scripts so there's a lot of infrastructure that has to be carefully tested so the next hfc event will take place in q2 but it's hard to say if it's early q2 or later in q2 and that's going to be dependent not just on us but actually on the infrastructure as well but getting the multi asset in gets most of the foundations the remaining foundations in and then it's just making sure we put this in the attack surface with cardano goes up massively because you go from a collection of predefined scripts to anything anybody can program okay so it's super important that everything we think is true is true as we turn on that capability so our last chance to make sure that that's okay is during that plutus devnet so we are going to be beating the hell out of it and there are so many scenarios we're running and so forth so there you go is the treasury staked if so who's responsible for staking it no it's unstaked because it's sitting in the treasury pool no one holds treasury funds the they're in a special account controlled by the blockchain itself along with gogan any partnership announcements with governments in africa that is for the africa special sir from josh mcfarland charles i want to get involved blockchain tech where do i begin what training would someone need to contribute to this movement well i don't know your background but the very first thing you can do is go to coursera and there's a class from princeton university on blockchain that's taught by ed felton in a litany of other people and there's a free companion textbook with it and it talks about bitcoin and its history and that's a good starting point i'd say it's probably the best gateway drug to enter the space then go ahead and read three books read digital gold from nathaniel popper to give you a historical context of where the space came from go read dan tapscott's book on blockchains and then go read mastering bitcoin from andreas antonopoulos okay so those three things will give you a real good sense of where we came from then go do a bunch of ethereum smart contract programming tutorials there's udemy courses that are a few bucks that you can write smart contracts with and play around with that and of course go then start building code on our devnets and eventually our plutus devnet now for cardano if you want to be a plutus developer you'll have to also get some haskell competency the haskell book it's like 40 bucks that's all you need that's a beautiful starting point once that you'll have the skills you need to be able to write bluetooth smart contracts what which quarter are you looking to have in the kvm rolled out by the kvm is already running on the devnet the question is when will that become a proper side chain and linked with cardano we have to write a sip because we want to incentivize the running of the side chains with inflation so it'll cause a slight monetary policy on the emissions side alteration but my goal would be to have that done in quarter two it might slip a little bit beyond quarter two depending upon how much work is required for the pollutus integration likely what will occur is that they'll be after not the mary but the following hfc event one last hfc event for the cardano 2020 contract and that is just the roll-up so anything that didn't get done with the third hfc event will be cleaned up some things like war wars genesis for example will likely be pushed there because it's going to take a little time to test that and if we for example somehow don't get those devnets wired in because there's a delay then we'll do it in the next hfc event and then that's it that's everything for 2020 and then it's 2025 we're talking about and that's a whole different ballgame because there's going to be a massive broadening an expansion of scope and desire and all this cool alien tech that's sitting on the sidelines we'd like to pull into cardano and make cardinal awesome what's really cool is we kind of already know the future and we know where we can go and everybody's trying to catch up with things that we have and because we took the time to build this beautiful foundation it's very easy for us to keep adding layers and layers and layers like hydra is going to be super easy to roll in when hydra is available might take a while to get hydra available but when it's ready it's not a dramatic event going from f1 to f2 is a dramatic event and any further upgrades to ethereum f2 land will be dramatic events so we move in the opposite direction they actually get easier in certain respects call this the dcf when can we vote to approve the iog contract extension and it won't just be for us it's going to be us plus a large federation of actors and we're putting all that together and our hope is the second half of 2021 that that could be proposed with ample time for discussion and debate and a sensible voting process this is also tightly connected to catalysts evolution so it's important that we get to a reasonable level of participation in voting or else the contract extension would be a vanity vote it's not consent of the governed if only 10 percent participate i'd like to see a much higher participation stress shoulder for that to be very meaningful so so we're all working together on that you guys are actually working on it as much as us because you're participating in catalyst and the participation is getting more meaningful and we're turning on voting tools as quickly as we can so there's a federation construction there's a governance construction it's like building a government it's like going from the articles of confederacy to the constitution it's a big change over and there's a broadening of all the actors involved and there's some permanent funding that will be attached to very specific things that we rely upon as an ecosystem and then there's of course a visionary roadmap of how do we get to a billion users how do we get cardano to the next level and so it's not fair to just say hey here's the state no you have to get all those things ready when it's ready there we go in the meantime well we're going to keep working on the 2020 stuff and clear out that entire queue and we will continue working on cardano in a support role in a development role until the conclusion of the dcf one way or the other so that there will be either a renewal with clarity or a gradual scale back and it doesn't create a massive disruption because the system will be completely decentralized in every dimension at that point and self-sustaining any news you can share from the cardano foundation set i think fred is doing a great job on his side alerting people and giving them news about stuff and it's going to be fun to see what they come up with this year got a lot of capital they got a lot of dry powder it's about time to strike the anvil and get things out we got to move quickly timeline for when we can vote on deadlifts i've gotten one i didn't it so i yelled at some people and we'll see if if that yelling is productive as soon as we can and we're working hard on it just there are so many other things like native multi-asset hybrid wallets partial wallets deploying and interacting with pluto's applications and these things that also have to be done in parallel so the voting center is a high priority ticket and we are working as quickly as we can to service that in addition to other high priority tickets and it's also the same for uri they have a lot to do but they're also building a voting center at some point which will go into their framework in addition to the cell phone application and the command line tools your background is awesome this is a real background this is actual stuff behind me that i've collected throughout the years any super announcements this week depends on other people [Music] any more news on agi and social media i did a social media video called blue skies and social media watch that as for agi i'm going to do an interview a joint interview with ben goritzel soon probably next week or the week after and we're good to go i get this question a lot will go can be fully implemented after the hfc in march no at first it's the hfc in in february and as i've said all along there were three hfc events to get all of the entire pollutants and native multi-asset stack dragged into the core protocol so that first took place with allegra in december mary in february and then sometime during q2 the final hard fork which we have yet to name and whether that's early or late it's dependent upon what happens with the plutus devnet what we learn when we start rapidly stress testing things because there's going to be so much we throw at that to verify that that infrastructure is looking right then there's a whole constellation of surrounding infrastructure like tooling qa tools standard libraries app stores these types of things and that'll bleed into post third hard fork and so that's what that final hfc event is to kind of clean some things up if there's anything that even needs it we know that genesis will require that so that'll get scoped out there so no and we've repeatedly said the same thing over and over and over again it's a collection of things you have to do if you do them all at once it's not a good idea it's you have to do them and test them right around the time of the february hfc event we're also going to turn on the peer-to-peer capabilities as well so that'll likely occur in march no guarantee could be a little earlier could be a little later but it will probably happen after the hfc event big deal and we've been waiting for that we've been running simulations we've redone things a dozen times because we wanted to get it perfect and now we're ready for it but that's a another pivotal piece of decentralization in the ecosystem [Music] post up period can we store agi on daedalus agi hasn't been ported over to cardona yet i just signed a decision memo to begin that process agi carries some logic with it so likely what will happen is we'll probably move the agi logic over to the evm devnet as a starting point and make sure we fully understand it in exactly what we want and when the plutus devnet is running then we can write the plutus code in tandem with the native multi asset what's coming with mary will allow you to issue a token but if you want spending policy and advanced token logic like what you would see with maker dow or something of that order of magnitude you'll need pluto scripts so you need a little bit more to do that so it just depends if you're issuing an accounting token an erc20 this is measuring ownership so loyalty points stock these types of things that would be sufficient there but if you want complex token logic then you need a little bit more so a port from like to like from ethereum to a devnet would make a lot of sense because we could be intimately familiar with that and then one more port from the devnet to native pluto's would make sense and we can begin that with the plutus devnet so anyway ben's an expert he got his phd in math at 21 and he's surrounded by brilliant people so imminently more qualified people than me are having these discussions and i just signed the checks at this point cardano phone please someone came to me yesterday about that who knows maybe we'll figure it out this is an interesting question how do you overcome pitfall and i'm sorry i don't know your name i can't pronounce that how do you overcome pitfalls such as cp and terrorism on decentralized social network even though i want to see power of speech taken away from large companies i see where the weaknesses are it's important to understand that first the majority of terrorist attacks sectarian violence white supremacy black supremacy all of these things that float around have been planned on traditional social media and channels facebook twitter myspace instagram tick tock snapchat etc etc okay so decentralized social media really has not in any sense of the work whether it be mastodon gab mines and so forth i had any contribution to terrorist attacks terrorist financing or terrorist organization okay so that's one thing to say now why because obviously they're small and the other tools were sufficient now i did a whole video discussing how to build at least conceptually a decentralized social network and i said well you kind of have to do it in two different discrete steps and you have to be very smart about these things the first is the onboarding must onboard people into a culture and an environment that tends to promote information flows and de-radicalization over siloing and radicalization if you are unable to do that abort don't launch because all you're doing is just making a siloed radical network more resilient okay the second part is the information architecture side of how people communicate with each other the incentives they have to communicate with each other and do the algorithms and incentives and information architecture align in the right way to enable people to communicate an objective and when they're being subjective be able to label that ways and they're held accountable for crazy thoughts and there's a decentralized moderation that occurs there and all things now i made two videos on this i did a whiteboard video explaining that and i also did a video talking a little bit about the radicalization component with blue skies and social media so i'd highly recommend you watch those two videos they're combined about two hours long so it would derail the entire ama to revisit that territory and that's just a starting point and it turns out that that plus a third item a governance layer the same type of voting tools we're building for catalyst those three things together would deliver a much more useful meaningful and safer experience for billions of people and you would never have to do platform you'd never have to shut people out you never have to ban people okay so a lot to think about a lot to do but i honestly think that these last generation social networks they're coasting on monopolies and they're very fragile and like myspace was very fragile i think they could shatter 24 months to 36 months with the proper competitive model so we will certainly be players in that unlikely going to be players in that this year because there's just simply too much to do but certainly going to have something much more significant to say with product in 2022 and of course we're talking to the minds people and talking to a litany of other social networks and getting an understanding where they sit and so forth do you think gary gensler will be good for the overall crypto industry the thing i like about the appointment of gensler is that he is competent he's clearly a very smart guy and he fully understands our industry to the extent that he taught at mit on our industry so he's he at least we can have a conversation with him fin hub also now directly reports to the chair men and the way that the sec is currently structured i honestly believe that it is probably in a productive positive dialogue with our industry and there's no indication at the moment that the there's a going to be a very anti-crypto s sec that said a lot of difficult questions to resolve and also the sec doesn't have a perfect set of enforcement powers in many cases they still have too large of a hammer for example if securities laws were slightly different there could have been a reality where they could have punished chris and brad at xrp without trying to say xrp as a security and had they had that power i think perhaps they would have chosen it because it would have been not only easier for them but also not harmed investors overall so i think gary's smart guy and he's going to be more incapable of working with his administration to to find a healthy compromise for the industry now compromise means we don't always get what we want and we may disagree with things but at least we don't feel we've been shafted and that for example what mnuchin has done with the treasury department charles can we compete with and be polka dot i'm not even worried about polka dot at all it's a red herring interesting sweater sir this is a poncho how to beat addictions cognitive behavioral therapy best in the book so [Music] what's the update with litecoin collab we've got to write a lip that's on us and one of these days we'll write one the guy i was going to have right it was dns syndros and he decided to go take some time off and play the piano and love life so we have to find somebody else to write the dionysus invented the primitive he's the most qualified person in the world to write it and we're busy and we'd like to do it it's just you have to pull engineers and do it and my kind of the team that i like pulling for these things is right now working on etc so they were the pull team and i already pulled them so i have to build another team for it so we'll get around to it it just takes some time will you be visiting okinawa would i would love to meet you yes when i come to japan i'm waiting for the pandemic to die down a little bit and waiting for the vaccine rate to go up a little bit and when those two things occur then people can actually be in person and talk to each other like human beings again so i think that's going to happen the second half of this this year there's a huge surge of vaccinations that are coming vaccine platforms that are coming online the johnson johnson platform looks it's safe and efficacious and it's going to come online in february in the united states and i do believe they have distribution in japan as does astrazeneca as does pfizer and moderna so given that those will be four platforms us were for some bizarro world reason waiting until april for the astrazeneca vaccine at the very least in the u.s side will have broad scale vaccination in the general public probably in the april to may time frame whether you're pro-vaccine anti-vaccine this is relevant because it's relevant to whether people stop wearing masks large gatherings occur again restaurants can be at full capacity and we can travel unrestricted okay that's the mechanism that the commons of the world all the people in charge of the world have universally decided is going to happen hurt immunity at about 70 to 80 percent now there are variants of coronavirus that are floating around two in particular the uk variant in the south africa variant i've heard conflicting things on the south africa variant about whether it has escaped the vaccines but it's very clear that the uk variant which is more infectious it appears to be more infectious it is still affected by the vaccine at the same rate that the prior variants were so another four months five months of heavy vaccination new platforms coming online and i think that we'll see a rapid scale down of the overall infectiousness and lethality of coronavirus and at that point people will get back to normal life now governments are skeptical pandas doctors unless you can guarantee no one will ever die ever of course they're going to say crazy things so there's going to be some latency from that so probably it'll be towards the end of this year before the world starts appearing to be normal again and we have a handle on it but in terms of we have to worry in any sense especially for certain groups i think by june that worry will be gone because once people get vaccinated it goes from a pandemic to an endemic disease and the natural immunity we have from that or or vaccine granted immunity will be strong enough that if you get it it's not going to be a problem for you it's an interesting question here sir how do you feel about gambling 1v1 video games on the blockchain i have some so one of the things you have to do there's a great paper written by hanchang over at virginia commonwealth university called proof of human and basically it's not good enough just to have a decentralized service for people to find each other and play each other but you need to know that your counterparty that you're playing against is a human being so what you do to accommodate that is that you run the game and then you introduce a stochastic step that every now and then the game will give you a human puzzle to solve and you have to solve it within a certain time frame and if you don't then then you lose all your weddings because you're a bot and so it would be cool to put a proof of human combined with the game to verify you're not playing against a bot counterparty because open ai and this all this other stuff it's gotten to a point where for most games that people play a computer can play it better and there's just no sport if that you're playing against a fake person combine that with dids and also bonds where if someone has been found out to be a bot they lose their bond i'm sure we create something like that in principle it's going to be really fun to see what the gaming industry does for it if you ever have you ever read creativity inc yes it's a good book about john lasseter and ed catmull and how pixar became one of the most famous and effective and profitable digital animation studios in the world they also taught steve jobs how to be steve jobs so i think they've had a bigger influence than people let on have you ever been to the amazon if not do you intend on going someday yes i have been and there's actually a ritual i'd like to go through there's a rite of passage that they have with a certain tribe in the amazon where they weave bullet ants into gloves and you put your hands inside of the gloves and if you can survive then you've become a man well i'm a big fan of hypnosis and there's actually something called glove anesthesia where you can actually use auto hypnosis to remove sensation temporarily in a limb or your body and it's actually been used for surgeries incredible things very popular in the 19th century after the use of anesthesia it fell out of out of popularity but it's still done occasionally so i've always wanted to see can you use glove anesthesia through hypnosis to be able to go through that ritual with no problem and making me the manliest of the manly man in the tribe because i'll feel no pain so that'll be something i do in my 40s not in my 30s i'm a crazy man who's well read have you read man search for meaning yes that was viktor frankl's book one of the great books in the foundation of logotherapy the last of the austrian schools of psychotherapy will to meaning are people who believe in aliens nut jobs i don't think so i don't think so at all i think there's mounting evidence that there perhaps could be alien life floating around and it makes sense from a statistical viewpoint that's not cheating that's not cheating okay the reason being is that in life there's a front door and a back door okay and if you're really really really clever the highest art is to find the secret back door for all things capitalism you can work really really really hard you can follow a traditional business model do everything right and when you get your 50s and 60s you get to a point where if you if you did everything right you follow that model and you fought and fought and fought worked 80 hour weeks and tried to avoid divorce you get to the other side you retire incredibly well that's what my grandfather did on my mom's side and there are back doors where if you start a new industry like what bill gates did or steve jobs did or what bezos did with amazon and so forth you basically wake up in your 30s a billionaire is that cheating no because you decided not to play the game you decided to reinvent the game and play a different game that other people who come after you now can play and that's i'd say the highest art in capitalism the highest art in life is to find those secret paths that people haven't seen before because you give those paths to everyone else all those who came after you now can go and play that and find their own paths and so forth and that's what makes progress in society have you ever read much of nietzsche yeah he's got the antichrist ubermanche there's a good symphony for that what do you believe is the best university degree you could study if i could go and do it all over again i love mathematics and it was great and sure i should have completed a phd and i didn't what i would gone into computer science and minored in the arts and music and art and then kept that all the way through and completed a phd in computer science the reason being is that comp sci gets sufficiently close to math that if you care you can make your comp sci experience math enough to do all the kinds of math that i was interested in you still learn problem solving skills and thinking skills and then if you're deeply connected to the arts and music you become a holistic person and you have a conversation with anybody and you're prepared with data literacy you're able to interface in data science you can talk to the controllers of the future computers in ways that most people can't so i think honestly it's probably the best of the degrees that exist and it's the best of the worst in that none of the degree structures are really meaningful or significant you have to separate the acquisition of knowledge and maturity from vocational skills and unfortunately they're terribly conflated at the undergraduate level and people don't get what they pay for thoughts on the anunnaki so these are mesopotamian gods who people believe perhaps were aliens and there's a whole bunch of conspiracy theories or creative fanfiction that exists on the internet about them i do collect babylonian artifacts and sumerian artifacts in fact i have one floating around somewhere right over here for example this is a babylonian tablet so uniform tablet a little closer okay so i'm quite familiar with the history and all the cool things that happened there and the death of their empires during the bronze age to the sea people and so forth and there's a lot of cool things there and actually norman wildberger if you're ever interested in how they're mathematics a base 60 system we have a base 10 system and you do mathematics differently you actually have to use special computing tables to be able to do arithmetic and i happen to have one right here i'll show you guys here we go so that's actually something like what you would see an equivalent would be a log table or something like that a log book that we used to have before calculators became commonplace and there's a rich culture there anyway i think it's a bunch of bollocks but some people it and they believe in it so how about that do you play any instruments the piano and not so well you used to a lot better but life gets in the way and i am learning the shakahatchee flu one of these days advice for heartbreaks well give me more details was for change hello caller i'm listening from justin fujimoto and often joiner of our amas yes i do use signal in addition to whatsapp and all these other things why can't you still go for the phd of course i can and i will but it takes a lot of time one of the things you do while pursuing such a degree of that nature is you go very very deep so you need to be able to sit down uninterrupted for 12 hours 16 hours every day for years and think very very deep and then come up with original contributions and if i was doing that i would not be building cardano the pink floyd poster and every deal one party always gets burned that's the wish you were here album cover it's my favorite album from pink floyd do you have any interest in rejuvenation biotechnology yes sir i do i am getting myself a hyperbaric chamber and i'm going to go ahead and go through a experimental exosome treatment here in a little bit that's just the beginning of regenerative biology one of these days i'm going to establish a regenerative medicine company and just make sure that we do that i think we're right at the beginning of one of the most meaningful series of advancements in the history of medicine this pandemic is also because of the mrna advancements going to fundamentally change cancer therapy within the next 20 years because of what moderna has done and pfizer has done what we've learned from this experience it is entirely possible that when you get cancer they can do a bunch of magic gene stuff think about it plug a bunch of data into a computer a super computer and the super computer will crack out a bunch of numbers and create a cancer vaccine for you you inject you with it just they're injecting you with these narrative moderna vaccines and then suddenly your immune system can recognize all the cancerous tumors in your body and kill them for you that's probably going to come in the next 20 years a lot of people are talking about it and that science is is almost where it needs to be in fact in laboratories they're taking rats and giving them human immune systems giving them cancer and doing just that and showing that they can clear it out so really cool to see that where that goes for those of you who don't know there's actually a lovely article from new york magazine that that talks about this the menarda vaccine for coronavirus was designed in two days so once we got the chinese genetic sequence in two days january of last year we designed the vaccine and that vaccine has remained unchanged since it was injected into human beings so you could do these things really quickly and you can do them at the scale of the hospital in fact there's an mrna company called kirvak which is talking about modular vaccine manufacturing capabilities that live at the hospital unit so you go and you get some genetic testing some stuff happens they use cloud computing to figure out what to do and then they make you a vaccine just for you right there for a specific element anytime pretty cool feature that's coming the next 20 years who is we you designs the vaccine we as in the human race the the madarana company did that sometimes i use the royal we collectively of all people you included this what is your succession plan and what happens to cardano if something happens to you who is your number two so if i die cardano's fine it doesn't require me if iog goes out of business cardano's okay i mean just like coinbase going out of business or tether blowing up it has some form of an impact on bitcoin that would have some impact on cardona but cardano would continue on undisrupted we're at that point of decentralization is there a succession plan within the company there are three duties of a ceo and only three duties everything else is extra it's brownie points but you do these three things you're a good ceo one is sustainable profit for the enterprise you come up with a strategy that if executed you make more than you spend and that's sustainable so it doesn't go away it's there number two you deal with existential threats so the movie margin call is a great example of that where they discover that the markets are about to blow up and they keep escalating and escalating until they get to jeremy irons and then the ceo is sitting there flies in on the helicopter and he says okay it's my job to know when the symphony stops playing okay so existential threats things that happen that if you don't deal with them the right way the company dies or you massively get damaged and derailed for example microsoft realized that windows is no longer going to be the cash cow they thought it was going to be and they needed to pivot to a completely new business model and if they didn't solve that in a 24 to 36 month period they would be in a position where they would be shut out of all these other markets and it was very clear that that was happening it was an existential threat and then finally succession it's the final and the thing that every ceo up on walt disney up on it steve jobs and my view didn't do a phenomenal job with that bill gates clearly failed with that with steve ballmer and that's something i focus a lot on so how do you accommodate that is you create a collection of very strong executives senior executives in the organization who have the complimentary and in some cases parallel skills to you and so if you disappear if you die those people can take on the role and still do novel original creative and things and carry on the organization and you institutionalize your philosophy and your views so that the organization protects them and carries them through so i'm not worried i think we're fine and i'm only 33 so in lieu of an accident i'll be around for a long time who's the greatest computer scientist of all time had he lived longer probably johnny von neumann would have been the greatest because he was just a polymath of the nth degree but it's hard to say because the field has certainly grown and grown and grown and and if we we witnessed it from its birth and now you see this huge flow of things so so for example like claude shannon created information theory and he kind of created that entire field so that's a big deal right but then you have foundational pioneers like donald knuth in algorithms for example yeah bacchus and gogan and these other guys and each and every one of them were titans in their fields and they created these foundations we all cite that work but how do you quantify one is greater than the other it's the same with mathematicians like who's greater archimedes gauss or oiler well they're all great in their own respect so i think you're asking for for a slightly different question you should say in your view whose contributions have led to the society we have and there you perhaps can make better headway because there are certain computer scientists that just had the right idea they got it done and it led to the creation of modern internet the creation of modern programming moderate artificial intelligence and et cetera et cetera and of course you're always biased you're biased the problems you're trying to solve you are a science guy how do you explain world trade center seven it collapsed stuff hit it and it collapsed [Laughter] i don't know 20 years ago what are your view on the baha'i faith the same views i have with christianity islam or judaism or any of these other faiths i think it's useful for certain practitioners and it gives them foundations and guidance that they need to deal with questions like death or loss or tragedy and other things religion is social programming that we as humans come up with to help us guide us through life and give life some semblance of meaning and allow us to deal with that which cannot be dealt with and when you look at it from that way then all you really have to ask is efficacy when you get this mind virus is it actually helping or hindering you is it making your life happier and better and making more balanced or is it isolating you and hurting you certain face are very rigid and very draconian and they do isolate you other faiths are very open and they don't and so baha'i is just an example of that they like all the other faiths of the world have had their ups and downs and endured persecution like their holy man was blabla or something like that probably butchering the pronunciation charles is your instagram reel or a scam catfish page i do not have an instagram so if you see an instagram of me it is fake so it is a scam do you believe that zoroastrianism came before judaism they're probably contemporaries but sure some religions are durable foreign do we need twitter or does twitter need us are you a butterfly dreaming of being man or a man dreaming of being a butterfly there's some wisdom for you [Music] hmm where did you buy that poncho amazon like all things in life they must come from amazon however this hat came with my tractor yeah yeah got a massey ferguson tractor came with the hat i wear when i drive hair gets all messed up best trail in colorado for a three to four night backpacking trip i love to head up to telluride in a ray there's tons of trails in that area adelic mountains absolutely stunning area and some good restaurants as well hey charles hoskinson do you like coding yes when the problems are worth coding is tesla overvalued yes hydra whiteboard video coming this year some part of hydra will come this year we're moving and i'm going to accelerate and put my foot on the accelerator for it we've been working hard on it but now we have the head protocol the head tail protocol the tail protocol and the routing protocol there are four papers that need to be done plus prototypes we will get that done one way or another i'm very vicious about that do i drive a lamborghini yes i do it's one of my many cars i have a lamborghini huracan 2017 lp 610 spider and it was courtesy of some consulting work threw it in for sweetening the deal it's crazy people pay me for consulting i never thought i'd be a consultant doing pretty good if you get a free lambo with it is the central clock a point of failure we do not have a central clock you're referring to chief co-crypto's stupid propaganda there is no point of failure it's not an issue at all it's never been an issue if it was ever going to be an issue we have a paper that solves that issue and one of these days we'll implement it not because we think it's an issue but we think it would be nice to compete with an ntp do not listen to youtubers who pretend to be cryptographers mark if it was an issue an ntp was an issue the entire internet would have problems your computers would have problems your ssl certificates would have problems everything would have problems what do you think of hedera hashgraph i would take them seriously and then read their white papers read their code if they weren't laden with patents i have a policy if you patent your work and there is an owner of your code i will pretend you don't exist i don't care if you can cure cancer give me a and take 10 years off my age don't care if you're patented not going to talk to you in terms of code it's it's just crazy so maybe they have something good maybe they don't i've never once read a single line of code i've never read their white paper i know nothing about the project other than the fact that there is an owner and you can give all this about how it's necessary for defensive reasons it wasn't for bitcoin it wasn't for ethereum it's not for polka dot it's not for cardano it's not for any of the other cryptocurrencies but apparently they know best don't use garbage it was a sixty thousand dollar hat came with a free tractor though farmer joke do you personally know dr jordan peterson i have not had the opportunity to meet him and i know he's been having some health problems unfortunately but it seems he's starting to recover and get a little bit better but i'd love meet him and i'd love to spend some time with him and certainly talk to him he's a great guy his work is phenomenal for many people gives a meaning purpose in life and that is one of the highest pursuits in philosophy what's your car collection i have trucks cadillac's and that weirdo european lamborghini so i can take all the trucks all the cadillac's the same dealership to get them serviced lamborghini has to be towed to a dealership down in denver and it costs crazy amounts of money for oil change my cadillac ct6 it's 35 for an oil change the lamborghini it's like on a good day eleven hundred dollars that day more so tells you something about a sucker being born every minute and by the way it's the worst time to buy a supercar and they're upgrading all of them the sea online is coming and the new ferraris are coming and mclarens are coming and they're all going to be battery powered and what's good about that is they're going to be twice as fast so we should see zero to 60s and 1.8 seconds for these things the huracan is 0-6-3 so it's just going to be crazy what they do with these cars no tesla no i don't the interiors and there is a cadillac that's coming out it's going to be battery powered and it looks really cool celeste or something like that and i'll take a look at that i'm a cadillac guy like american cars american cadillacs and the quality control tesla because they make so many is and they make them so quickly and there's drifts in the staff is quite significant some people have the best car ever other people it's like big gaps with the door your stream quality got much worse internet upgrade in the future i can't do anything i'm out here on the farm i'm right now trying to work out a deal with a series of farmers the broadcast fiber optic internet from longmont to this place was directed long-range wi-fi like literally we have to build 150 foot tower but next light not here comcast not here this is a 4g connection that i'm talking to you guys on move to the city bro 30 minutes from the airport 20 minutes outside of boulder 35 minutes outside of denver i can be at an international airport that has a direct flight to tokyo a direct flight to frankfurt in 30 minutes and i live on 50 beautiful acres wonderful mountain view if i don't want to see my neighbors i don't see my neighbors if i want to see my neighbors i see them super quiet laid back grow my own hay have raised bed gardens you can't do that in the city it's not possible and despite the fact that i have all the land i'm close to everything so it's like being in the city you take sacrifices however one of them is bad internet but we will fix that one day so get starlink well when it's available i'll get it [Music] if vitalik was a fruit what kind of fruit would he be a durian charles how's yellow coming along very well actually we kicked them in the butt they have a huge list of to do and they're working hard on it and we keep whipping them but they're following a long road map yellow will be production ready probably in the june time frame do you think artificial intelligence will replace programmers did it replace photographers no i think it's going to augment them hmm are you jewish no baptized catholic quarter norwegian quarter italian i am not jewish no jewish blood a lot of people seem to think i am though which is a funny thing played chess studied math made a lot of money so they'll take me yeah it's like about 10 years ago or maybe even longer on the dave chappelle show they had the the racial draft and each race got the draft people who were mixed race or close to them to see if they're going to fit one buck or the other so the blacks drafted tiger woods and the chinese they took wu-tang clan so so yeah i think that the jewish lobby may draft me one day there's been offers if you do a phd in computer science what field would you focus on well i went back actually did that i did computational logic and i'd be in the intersection of mechanization of mathematics and i actually i'd be really keen to also do something with artificial intelligence there because i think that once you've mechanized math you've actually written mathematics in a machine understandable language i think the best foundation perhaps could be homotopy type theory you could then take all the known patterns and all the known proofs for a field like algorithmic number theory or and stuff like that and then you could just apply ml and create a conjecture engine and that engine would allow you then to propose new interesting problems or perhaps find solutions to older problems so i think there's a renaissance and automated theorem proving and that that's what i would do that's where i would focus and we're going to do it in my company we're going to start up the q adidas project again and i'm going to rename it hilbert in honor of david hilper and the currency will be noether after emmy no ether spelled no ether but we'll bootstrap that and whenever i finally retired have the time that i go finish off the phd [Music] [Music] pump what's your favorite comedian you should probably be saying who is your favorite comedian dave chappelle his early work was extraordinary outside of dave chappelle there's there's a few i liked carlin and george carlin was also another one i really enjoyed favorite fiction writer and favorite filmmaker our arthur c clarke and philip k dick great writers absolutely great writers and they kind of knew the future and they kind of planned out where the 20th century and 21st century were going to go favorite filmmaker alive is danny valeneu who's doing dune he did my favorite current movie blade runner 2049 of all time stanley kubrick if you could find a way to take stanley and put him together with danny and have danny and stanley a coen brothers movie great but i also love the coen brothers as well and my favorite non-sci-fi movie is the big lebowski that's like my opinion man [Music] is 5g dangerous no the people pushing rumors that it is are did you play any sports yes when i was a kid i did judo in hawaii and i was tough because all the kids in hawaii are big they're like those tongan samoan polynesian kids and yeah try try being on a mat with them that was fun keto it up soon [Music] do you think kamala harris will take over as president if so when i think there's a non-zero possibility i think there's a greater than 50 percent chance that sometime during biden's term he'll step down and harris will step in probably not this year but maybe 2022 or 2023. is your father a mathematician no my father's a doctor and his father was a doctor so did you stay in touch with ron paul i'd like to see you interview him he certainly does intersect with our space quite often and one of these days i'll probably try to drag him on he's 85 now and he's having a tough time after the stroke but i think he's doing good i think he's doing and pump good how did you become such a babe magnet it's called being a billionaire it's not hard [Laughter] i kid i kid thoughts on optimistic rollups they're going to be a big deal in 24 months big deal this interesting one gulfstream 700 the g650 was for its time just incredible so then you start thinking like when you get to that price range it's not much more to do boeing business jet and if you're going to do boeing business jet you can put a full-size bedroom with a king-sized bed a shower and a closet in addition to all the other amenities so shouldn't you just go for the 737 or the airbus equivalent if you're not liking boeing these days i don't know well then you're a damn good engineer if you're an engineer for the g650 it's a phenomenal private jet the body is incredible great avionics great engines everything about that plane is just incredible i've only flown on one of them and i have to tell you it was a great experience and i the cabin is pressurized to a reasonable altitude as well and moisturized air it's those little touches to detail that are nice would you ever like to be on the joe brogan experience rogan after gogan son rogan after gogan milk or eggs i have chickens but not cows i eat my own eggs farm fresh eggs every day do you watch any adult cartoons arch yourself park family guy yes talk about ramanujan he was actually one of the greatest mathematicians of the 20th century had the potential like ernesto gawa for example had to be one of the greatest mathematicians or abel of the 20 of the 20th century he just died too young g.h hardy discovered him brought him to england he wasn't able to eat a proper diet and he was taken from a very isolated environment to a completely different culture and much more human contact that was in different diseases different circumstances and it killed them it would have been much much much better i had hardy gone to india and spent time with ramanujan ramanajana said ramanujan going to london so that said the intuition was just remarkable you just come up with stuff and you're like where did this come from it came to be in a dream so there's just some people are like that off the charts brilliant what do you like about ergo people who built ergo they used to work for me and i like them they're good people and it's a good project it has a right to exist do you enjoy the lagrange multipliers i enjoy all of lagrange's theorems the ones in number theory the ones that algebra and every other one of them do you think the psychedelics industry and companies like mind men will do well long term why do you think i'm growing my own mushrooms guys it's like learning how to grow hemp eventually they legalize everything and then you can pivot production doing lions made and all these other things very easy to go over to philosophy i think within 10 to 20 years psychedelic mushrooms will be legalized universally across the entire united states and i would love to participate once that happens in producing them because they have incredible outcomes for people with depression ptsd and when it's used with a therapeutic aim and i think that it would be a miracle for mankind depression is a terrible ailment and many of you suffer from it people very close to me have it and it's just sad because everything in your life could be going just incredibly well everybody loves you you're supported but then it feels as if nothing is right and there's nothing you can do and they tell you to take an ssri or something like that and it doesn't really help for most people it just blunts it a bit and if we have alternative treatments which are more effective or complementary we have a moral obligation for the tens of millions of people in the united states who suffer from that to pursue them so i think philosophy is a great great avenue in that respect and johns hopkins agrees as an example i need help with depression i'm in treatment nothing works that's the story of millions of people and we underestimate how devastating this can be and it's not just well suck it up grow out of it it's horrific and it's affected people like president richard nixon for example and president george h.

w bush for example and at the time when they got it they weren't even allowed to talk about it for fear of how people would perceive them so it's a dually bad disease when you see someone with a gunshot wound or a broken leg you see that person's hurt they're wounded we should help them and you don't question the fact that maybe it's a little harder for them to get to the door or get to work or do a job because they're injured and you treat them accordingly but then people have no tolerance or patience for those who are depressed often times and they treat them just it's sadness or a phase or get out of it and get back to work but in many cases that can be worse than a gunshot wound or a broken arm and it's more hopeless because at least with the broken arm or the gunshot wound it's going to heal and you have a rough idea of how long that takes from prior experience with depression it could last years and it destroys the relationships around you is that a clint eastwood cape it is a clint eastwood poncho one of my favorite movies actually series of movies fistful of dollars good bad and ugly all the spaghetti westerns what is your favorite video game so some of i own a video game company yet to be named i'm right now just acquiring video game ips so i bought legends valor that's the public one and we'll keep scaling that i would say that probably the best overall video every category meaning you look at the totality of everything is arcanum it was the last of the an era of games that started with games like fallout and the magic of arcanum was that it was something entirely new it was a steampunk world with magic they were opposing each other there was deep philosophy there was incredible world building there was just really rich and engaging dialogue like planescape torment level dialogue combined with a replayability that is incredible and there's just so many different endings it is literally the only game i've ever played where you can talk the end villain out of being evil and kill himself kurgan wow and it just it was just great and one of my life goals is after i'm done with legends of valor and all these other things i would love to remake arcanum do an enhanced edition for it and then make a sequel troika was actually going to make a sequel journey to the center of arcanum but they ran out of money so that would be great but i think it's the greatest game ever made for at least for me and just there's so much more that could have been done with it but they were limited by budget and the technology of the time but by no means was it was it a bad game and it was actually just wow 20 plus years later and it's still just as good today as it was back then that's a rare thing troika did a great vampire bloodlines game too yeah yeah they did they were great studio for their time how do i get my wife to stop being mean to me i read gottman's relationship here and talk to her about it who's the smartest person in crypto probably sylvia mccauley he's certainly the most impactful in terms of the crypto he's done dan bonnet is also rolling intelligence very solid my wife left me before the bully ra a bull run lucky me they say that crypto can be life changing lately trip crypto is wife changing that's another joke that's been floating around twitter what area in science are you most efficient probably astronomy but i am going to go to space in 2025 and i'll learn a huge amount by then then it'll be geology who is your favorite physicist richard feynman [Music] tim berners-lee is working on a new internet any thoughts we invited tim vernersley to come to the shelly summit vince cerf showed up but tim didn't and i'm kind of sad about that one of these days i'll talk to him about it but every time we send him an email he never replies back come on tim work with us i you do you have a solar roof no i live on 50 acres which means i have proper solar i've installed 250 kilowatts of solar capacity you're going for a meal alive or dead who's sitting at the table choose four i will answer that question next time when i have a chance to think about it you ever walk all 50 acres guys it's 50 acres not 5 000. of course it's do it in about an hour or less you should make more balance league of legends xerath forever how about kassadin guys like kassadin nothing is more depressing in life than mitting against the casa and with this 12 year old korean kid who like plays 900 hours a week and just watching him kill you over and over and over and over and over again and then ship host in korean and you're just it brings sadness to your soul at levels that are indescribable how does your company make money like all software companies people pay us for services and they pay us for products kind of that simple not super complicated charles what's with the mark stopka or whatever guy hating you on twitter i guess i was mean to him at some point i heard his ego and now he hates me and says things from time to time and he has variability some days he threatens to sue us or at least sick lawyers on us and other days he asks for money from catalyst reality is cardinal is a big ecosystem and there's going to be plenty of people in it who think i'm a horrible human being or incompetent or incapable or they can do a far better job you have to admit these people if you're serious about being decentralized and serious about it being an open ecosystem so mark has as much right to be here as i do or anyone else and his success or failure will be completely connected to his ability to navigate the social dynamics of the system so there's a difference between the right to be someplace and the right for that place to respect fund and collaborate with you okay one is earned through interactions the other one is given through the nature of the system so mark's always here some days he's here somebody's not here and he's free to do whatever he wants and i really wish him well and i hope that he finds a way to build a clique of people that he can work with effectively and innovate and do interesting things because any day that he does interesting things with the cardano stack what that actually means is cardano is stronger and the fact that we don't see eye to eye there's no relationship there it means that that's totally independent of the things that i do as it should be and we'll see much more of that in the future as cardinal grows in five or ten years it's entirely possible that many who are currently in the top ten with competing projects will start building things in cardano and continue to heavily criticize me despite the fact that they're deploying infrastructure in cardano as gavin wood is doing in ethereum despite the fact that he has grievances with italic and that's how it should be i mean it's open ecosystem everybody has equal right to it how many people do you employ your company i think we're up to around 300 give or take i stopped counting a little while ago charles do you ever feel a plastic bag floating in the wind wanting to start again god damn man that's an american beauty reference is kevin spacey gonna murder me how do you deal with and prevent burning out very important question it's a combination of meditation isolation tanks exercise and making sure to have a good cheery demeanor smile who's the hottest woman in the world that's a very subjective one i would say gal gadot charles hoskinson do you meditate every day yes sir i do easiest way of getting started is download the call map tell you something profound the higher the lower actually a good zen cone is the slow way is the fast way it's one of the truest things i've ever seen ever heard the what at the calm calm like calm relaxed calm c-a-l-m who is the hottest man in the world that one's tough that is tough michael fassbender i like that guy did i get my hyperbaric chamber up and running yet no it's going in the other house not this one margot robbie is greater than gal gadot well yeah after watching the wolf of wall street right i'm a little biased though i had an an ex-girlfriend of mine was israeli and she looked just like her what watch are you wearing this is a samsung galaxy watch it's nothing special got it for a hundred bucks this who is a smarter programmer you or andre andre charles tell us another joke the chicken one okay i'll tell you guys another joke so in the soviet union it took a real it takes a really long time to get a car so america you go out and buy a car so you have to kind of be assigned you have to save for a long time and so forth so anyway this one guy he wheels and deals and does everything he needs to do he knows the neighborhood butcher and takes care of him who takes care of him and like all that stuff so he spent 10 years getting ready to finally be able to go and get his his government-issued car so he fills out all the paperwork and of course it's soviet union so like hundreds of pages of paperwork lots of bureaucracy he waits the requisite six months to have a meeting with the with the guy who issues them and he sits down with them and they go through all the paperwork together he said okay all your paperwork is here everything is in order we'll go ahead and create your car and ship it to you in 10 years and he said okay is that going to be tuesday and he said let me take a look at the calendar yeah i guess so and he says well is it going to be in the morning or at night he says it's 10 years from now why the hell do you care he said well that particular day the plumber is coming in the morning and i just want to make sure i don't miss him so so it's morning or night it's an old soviet joke reagan's told that one too i stole a lot of jokes from reagan do you have any other waterhouse paintings no that's the only waterhouse although i'm going to get a very after the cadaverous and odd i'm going to get one representing that that joke kills in russia yeah i imagine that joke was probably a lot funnier in russian i am a tibetan love the tibetan mass behind you thank you finally somebody recognizes where they're from i have been to tibet what do you think of bob lazar do you believe him about the ufos i mean he seems to really believe what he's saying whether it's true or not who knows but he's convinced himself how do you define love love is the desire to be around a person every single day and have them be part of your life and have them be part of your existence sometimes a big part sometimes a small part but just be part and when they're not there you miss them where's the new house located somewhere over the rainbow it's a gay bar next to 90th and wash in federal i ever opened up a gay bar that would be the name of it i have a big unicorn ethereum logo on it i kid i kid i kid people take things too seriously in life you have to relax you have to enjoy things humor is the best way for people to relate and understand each other actually let's do something cool let's see if we can pull this off [Music] yeah let me clear the canvas okay guys we're gonna do something a little crazy we are gonna go to screen sharing okay we're gonna go for the whole screen and somebody asked do i like vedic math and i'm going to show you guys something really cool all right if everybody can see my screen let's say you want to multiply 23 by 13.