Mar 17, 2020
Community Development Call 3/4
This blog is a transcription of the 15th Community Development Call led by the Regen Network team. These biweekly calls are open to the public, designed to update our community on our latest news.
View slides from the call here.
Gregory: Just gonna ping a couple more people on telegram real quick, because I know some other folks were thinking about coming.
Gregory: Hey Eddie.
Eddie: Hello, I got into stem.
Gregory: Hey, alright you made it and I can hear you.
Eddie: Good.
Gregory: Awesome, I’m just gonna ping Adriana here. I know — I think was intending to —
Gregory: Alright, cool well I’m just to keep things flowing. I’m gonna hop over and share my screen and share a quick presentation as I was noting. I’m gonna, as usual. I’m going to do my best to just do sort of a brisk walk through what’s happening this week in Regen Network on the blockchain side, on the application layer and science side and in the upcoming Testnets. Do that pretty quick and then we’ll move into sort of an open forum for questions, answers, comments, etcetera.
Gregory: So welcome to the Regen Network Community Dev update for March 4. So this week, in region network is out on Twitter so you can follow Adriana@kalpatech for these updates. She’s doing an amazing job at just collating everything that’s happening. Taken from these calls, the developer validator channel and some internal slack channels and really excited about that. Just to kinda keep pumping news and linkages to how to get involved out to community. As I was noting on this call, we’re going to get a little bit of insight into the technical road map and where we’re at with the Regen Ledger Blockchain update on COSMWASM and the upcoming Testnets and you know, glimpse into where we’re at with the credit registry application being built.
Gregory: So I’m going to start with science. I’ve been in some active conversations with Gisel, our lead scientist who is down in Argentina doing fantastic work and right now we’re really focused on the creation of a new methodology around remote sensing driven verification of soil organic matter changes in grazing and so this just really cutting edge, amazing work that Gisel is doing and the specific piece of work that she is working on right now is understanding if a bulk density sampling, direct sampling of soil is needed in order to have robust verification and so the way she is approaching that is doing a really robust sort of statistical analysis to see if there is a strong enough correlation with where we do have samples and the different remote sensing bands to be able to cut out the bulk density testing which is super expensive and sort of onerous for the farmers. So anyway that’s a little work view into some of the scientific methodology development. This is being done in partnership with the nature conservancy and being shared and peer reviewed with the open team group. So some really exciting work being done here. Blockchain roadmap update. I’m not sure if Cory is on, you want to do this one?
Cory: Yeah, can you just do a hard refresh?
Gregory: Ah yeah
Cory: Thank you.
Gregory: Let me — . Sorry, I’m having trouble getting out of the zoom here.
Cory: Sorry about that.
Gregory: No worries — . That’s what happens. Zoom and Chrome don’t always get along. Coming right up folks, coming right up. Sorry about the delay. Okay.
Cory: Great, thanks.
Gregory: Alright Cory take it away.
Cory: Yeah, so hey Cory product manager for the blockchain side of things, we have just started internally. So we’ve got a bunch of different Devs that we work with on the blockchain stack, some internal, some contract and we’re trying to get our processes a bit more in line with how the registry team is doing things and have started up our own kind of sprint cycles that we’re tracking a bit more aggressively here. So the current one is called
Spree we’re naming it after rivers that started last week on Monday and will be ending this Friday the current sprint cycle. On the Cosmos SDK side, we finally got a long waiting PR merged on multi-store upgrades, Protobuf migration a much bigger thing but this isn’t covering all of the work related to it but the sort of pieces that have been actively developed. Most recently are that we still have this one module left outstanding to migrate that’s the Gov module which our CTO Aaron is working on and then also there’s been a specification developed for client implementation of the new kind of [inaudible 06:18] compatible SDK and so I think we delivered one element of that and Alexander Bez from the cosmos SDK or the cosmos team is going to be taking a look at the other pieces of it. The message authorization module with some of the folks at [inaudible 06:37] are taking a look at is also continuing hopefully wrapping up soon. And we also got a first PR merged internally for the group module that we’ve been working on. This is available at our fork of the cosmos modules repo at Regen Network/Cosmos modules. And there’s this specific branch called modules slash group that you can look at for that, on the region ledger and registry integration front.
Cory: The biggest kind of things that we’re looking at there are getting a bit more harder and concrete with our technical specifications for what that integration will look like. The two main components of this is a spec for the ecosystem service credit module, so how we actually track credits on chain and then the second component of that is going to be developing a Postgres reader that will allow the registry application to kind of read directly from a Postgres state database and have a direct read path for any of the on chain data. The first of those two specs we’re kind of using as a first rounder kind of game pig if you will of a structured RFC process that we’re wanting to start working with and moving towards. So if folks on this call would like to be involved or provide feedback on a specification for how we’re doing our credit representation on chain let me know. Or I’ll certainly be sharing that information in the telegram as there’s more to talk about on that. I’m in Berlin for this week and next week so if there’s anyone from the community out in Germany and that side of the Atlantic let me know. Happy to meet up, I’ll be bopping around kind of full node and some other cord in spaces throughout the next two weeks. So yup, that’s it for me.
Gregory: Thanks Corey.
Gregory: I’ll do a quick CosmWASM update. Let me just look and see if yep. It looks like Anil from [inaudible 08:42] is here as well. So I’ll do a quick update and then pass it over to Anil. So we are, full steam ahead getting things prepped to do a public CosmWASM Testnet with our full validator pool and incentivizing that with points towards XRN tokens for those who go through KYC, we’re doing this as kind of like a community service, so that the CosmWASM project gets the love it needs to be a robust amazing tool for the inter-chain world that we’re all working towards. We’re still kind of having conversations about how, if and how CosmWASM actually fits into our architecture. So happy to talk more about that in detail for people who are interested but we’re very excited about the tool. I’ll hand it over to Anil, if you’d like to share any details about sort of debugging and just what everybody can expect as we transition from Dev net over to test net in the next you know week or so.
Anil: Yes so we are expecting the Testnet to start on March 9th. I will announce that in the group maybe tomorrow, we are working on couple of tests [inaudible 10:05] applying contracts and testing contracts. This Testnet looks amazing because it has a lot tech stuff, I think it will be challenging, [inaudible 10:17] and then obviously [inaudible 10:20] all the validators.
Gregory: Yeah, as usual our main goals for these Testnets are to up the competency and capacity of our validator pool and to run and to test software and to make sure all works and you know so we’re gonna be doing some really fun stuff. If you have ideas about what you as a validator would like to see tested or how you’d like to participate just chime in on the DVD channel or you’re welcome to share with us as we sort of conclude the call and open up for comments. Thank you Anil and thanks for leading the way on this.
Gregory: Registration application layer unless Daniel hopped on late, I’m gonna just take this one cause Daniel is in London. So he’s sort of wrapped up for the call. So, I’ll sort of speak for the registration team. This past week the team closed out the wombat sprint, the registration team is using sort of Australian bi-original names for their sprints because most of our pilots right now or there’s several pilots focused on like bringing credits to market in the Australian context which is quite cool, so the part — of that sprints — oops I just went backwards. Part of that sprint was publishing a presale page for biodiversity credits it is now live online, one our partners Odonata is busy pre-selling credits that are going to be live on a Regen Ledger which is exciting.
Gregory: That’s you know that’s what they’re doing right now which is super cool to just see like a real credit real methodology being sort of sold and socialized obviously won’t be live on the main net until we launch main net but you know sort of prepping everything so I think the registry team is doing some fantastic work. There’s the interactive map component is almost done, should be done in the next week. There’s a concept design for individual and organizational profiles to be included which I think he showed some pictures of last week actually and then the information architecture and schema design is complete and then we’ll be moving forward in the next sprint.
Gregory: The next sprint is called Platypus and the main goal is to enable issuance and ownership of credits on the ledger and design guest checkout experience. So upcoming Cory after he’s done Berlin, he’s going to be headed to Paicines Ranch to do an infield, some infield work with Open Team, I think it’s going to be pretty exciting, I may or may not join him depending on corona virus concerns. And then, the upcoming CosmWASM Testnet hopefully shooting for March 9th and we’ll be keeping everybody updated in the channel, so with that I am going to stop in sharing and open it up for the community and would love questions, comments or just you know general water cooler chatter about, yeah what’s moving in the Regen world here.
Eddie: Hey guys I have a question here I’m sorry my 10 month old here is gonna be in the background — momma went out for a minute. So let me turn on my video, I’ve reduced from my other company that I’ve had since 2014 we have a platform for training doctors and biotech researchers to as opposed to having trials — training for clinical trials be done presentially, we have enabled them to do it online according to the requirements of that industry and we have calculated that we’ve reduced 2500 tons of CO2 emissions by avoiding those — all that travel and hotels and taxis and all that. Would it be possible at some point for companies that are not doing agriculture related carbon emission reductions to credit — to put their credits on the network?
Gregory: That’s a great question I mean we have that conversation often, I mean I think there’s sort of two layers, eventually this is a public blockchain that’s going to be governed by the community and you know modules and how the credit registry work it’s gonna be public and so from that perspective — yeah, on the other hand, we sort of think in terms of network architecture and methodology development, that it likely makes sense from our perspective to more have a twin zone that focuses on emissions reduction and methodology development around energy efficiency and sort of those other sectors, so that the community can focus on the rigor around land use and agriculture, which is sort of its own thing, so there’s nothing really blocking that from taking place other than maybe pragmatic concerns and you know community will and we’ll sort of see how it develops. As far as our development cycle, we’re gonna need to stay focused on Ag and land use due to limited bandwidth.
Eddie: Just want to highlight that there’s a big opportunity there because getting carbon credits it’s something that requires a lot of lawyers and you know connections and a lot of work for small firms, such as ours, that and a lot of other small firms that have been able to somehow reduce an emission reduction for them to capitalize those carbon credits or even donate them. It’s nearly impossible, so we calculated all of this — last time we calculated was two years ago and it was like I said over 2500 tons and there’s no way for us to even account for that — much less you know obtain those credits, so just wanted keep that in mind.
Gregory: Cool. We’ll flag that, I mean it’s a cool opportunity and thanks for tracking that. And you know maybe we can do something that sort of serves that as a community, so that we lower the barrier to people doing good accounting and having a good market to incentivize those sort of reduction.
Eddie: Great thanks
Gregory: Great question. Thank you. Other questions or comments? How are folks, I see a number of different members of the validator community. How are people feeling about a March 9th — Testnet launch doing CosmWASM?
Adriana: Its right after 8th of March, which is like a holiday, but I think we’ll manage don’t see a problem in that — with the date. Guide will be out —
Gregory: Sorry, you broke up for me. I think it might’ve been my internet. What was?
Adriana: I was asking when do you think the guide will be out for Testnet?
Gregory: I mean as soon as possible, we’re sort of actively working on, you know the incentive structure and you know the to-do and everything like that and we won’t launch. Like, if we don’t get it out before the end of this week with all the details and the Gen TX date and all that stuff, the Testnet we’ll just move a couple days. So there’s a couple dependencies with you know some debugging and other things. So, it looks like we’ll be able to kind of pump all that out in the next day, two days and have that available for everybody. But if that moves, we’ll keep you all updated. And then, you know the Testnet will launch like on Wednesday or Thursday or something of next week.
Adriana: Was the CosmWASM — was the module tested because I felt like it just went out like a few days ago. So was it like tested? Heavily tested?
Gregory: Yeah, yeah Anil can speak more to this, but yeah, we’ve been testing it in Dev net, yeah.
Anil: Yes, we are testing it. The first test was a couple of days, we found some bugs [inaudible 18:45–18:48] tomorrow we are planning to test contracts and dysfunctions, as that is done [inaudible 18:57]
Adriana: Okay
Eddie: Adrianna don’t forget to mention which holiday it is March 8th, a lot of people in the western world are not aware of that.
Adrianna: Oh, its mother’s day or women’s day.
Eddie: Oh Woman’s day.
Adriana: And it’s celebrated all across Europe — as far as I know. So it’s kind of a big holiday, so everyone is going [inaudible 19:29] everyone so yeah — I expect everyone to do that.
Eddie: Awesome, happy [inaudible 19:37].
Adriana: Thank you — a few more days. How about the tokens? The allocation, I know that Gregory is working on maybe a system to allocate some tokens to first [inaudible 19:54] Testnets and maybe, create more clear guidance for — in terms of token allocation for the following ones.
Gregory: Yeah, we’re just about to publish that — we’re looking at how — I made a proposal to everybody, sort of like on their core — all the lead validators in that channel about what that looks like. I’ll ping you Adriana with that and we’re gonna look at what the actual — you know like — numbers look like and just you know make sure it feels fair and then we’ll publish what that looks like and you know, we’ll give it about a week for people to chime in and comment just you know — there’s a little bit of flexibility there, we want everybody to make sure since this is a little change that it feels comfortable to the community and then it’ll just be how it is, so you know that’ll be coming out like all of the information about the next Testnet, you know allocations for the previous Testnets and the details of all of that is all coming out you know this week essentially, as long as we can keep making progress on it, so expect a flurry of announcements like that to be coming out in a couple of days.
Adrianna: Okay, thank you. Have you noticed that the four leaders at the last Regen Testnets were Romanian all four? The first four positions.
Gregory: I didn’t notice that’s amazing.
Adrianna: Yeah, the first four positions are companies [inaudible 21:37] operating in Romania.
Gregory: Did you — you should tweet that. That’s amazing, the Romanian crypto-mafia strikes again.
Adriana: Yeah, I think — first four positions — Regen Testnet, yeah and we were — I mean I was like a bit bummed because I was like a fraction away from first position but leading is a friend of mine so easy to stick. So I had no problem sharing the first position with him. Yeah, so it’s okay.
Eddie: Awesome.
Gregory: Yeah, it was fun. It was cool to see that and I hope that you know we can kind of keep the friendly camaraderie competition going because it’s awesome to just like be transparent about the performance in that way and for everybody to get to learn together I’m really excited about how the Testnets are going I don’t know how other people are feeling but it’s felt really good from my perspective.
Adriana: I think it was like very nicely documented and everyone working on the results made this amazing job and the results are like very clean and very comprehensive so there is no room for error here and this matters a lot in transparency and accuracy so, yeah pretty good job
Gregory: Thank you.
Adriana: Yeah.
Gregory: Other questions, comments from anybody?
Cory: It was great to see the side.
Gregory: Sorry Cory, go ahead.
Cory: I was going to say great to see the presale stuff I didn’t know that was going live so what is the — this is for a project in — at this stage, it’s for them to start soliciting buyers?
Gregory: Yeah, it’s for Odonata who we partnered with on that pilot to create that biodiversity credit it’s that page is for them to start getting people pre — you know to basically pre-purchase those biodiversity credits in Australia. So you know, we’re just sort of we spun that page up that has you know sort of like the — sort of like user experience and some details about things so that folks can sign up. And then Odonata is kinda pushing that through their socials and doing their own sale cycle on that. We’re not actually supporting more than just having put the webpage up.
Cory: Great.
Gregory: And I’m hopeful that we’re gonna start doing that more as, as more of the credits starts to mature to the place where we feel comfortable sharing them with the world with our partners, they will start to see these little presales of different credit types start to take place where you know the communities can essentially start pre-purchasing carbon offsets or biodiversity offsets or different things and you know we’ll sort of be keeping track of that and then at Genesis, those credits will be live on the blockchain and trading.
Gregory: I was just going to call out Will from R-side and see — I’m just like curious how it was I know that was your first go around with you know spinning up a blockchain validator coming from the open team context and how is the Testnet for you?
Will: Yeah, it was great experience it was neat to be part of it. I’m glad I was and yeah I need to allocate a little bit more time to it and want to learn more about the project but it was good. That was something I was curious about if like the next go round if there’ll be a more — I had talked to you about having a place to look for news that wasn’t just the DVD channel just because it, things can get a little bit buried I mean I know there’s the like pin thing at the top but —
Gregory: Oh yeah, so there’s a channel I’ll put a link into the DVD channel.
Will: Okay.
Gregory: There’s a channel that’s just signal, it’s like anytime there’s an update that is specific to an upgrade or documentation, we always put it in the Dev channel which there’s no conversation, it’s just — we’re just pushing information there
Will: Awesome, yeah that would be prefect just so I can you know be clear on things but yeah and I need to — so the CosmWASM is that bringing like WASM contracts to — I’m not up on what’s going in the space.
Gregory: Yeah exactly, yeah so it’ll be a, it’s a smart contracting platform using web assembly that’s really cool, it’s basically like a theory in 2.0 already out and live and we’re just about to test it so it’s kind of exciting from like the geeky sort of like —
Will: Yeah no that’s really cool, I would love to try out writing a simple contract for it or something like that.
Gregory: Yeah so there’s gonna be a — I think we’ll have a couple of you know like in the Testnet like you know executing contracts etcetera, it’s gonna be part of the incentive scheme, so it should be fun to play around with.
Will: Yeah definitely.
Cory: I can definitely get you some documentation on that stuff too Will.
Will: Okay thanks Corey.
Cory: What’s the best way to shoot that to you?
Will: You can shoot it to will@r-side.net or I can — I have your email from when we talked previously I’ll send — I’ll shoot you an email.
Corey: Cool, great.
Gregory: And if you want to actually Cory just like put some of the — drop some of that stuff in the DVD channel, I bet other people are going to be interested in reviewing it.
Cory: Cool, will do.
Gregory: They may not even be on the call etcetera.
Cory: Sounds good.
Jan: Hello this is a Jan, I would actually be interested I just joined the telegram Dev channel, so if you drop it there I’ll — I can find it — would definitely be interested in some of that stuff maybe I can use the quick minute here to introduce myself — I come from a company called Monnox who used to employ years ago Ethan Bookman who is now or was with Jay and Zackie leading Tendermint and cosmos, so that’s how I kind of stumbled upon you guys. I don’t know if you’re aware there’s a two, three week old initiative in a Hyperledger, the Linux foundation’s blockchain group called the Climate Action Special Interest Group.
Gregory: Yeah, we’re close to Martine who’s sitting on the chair of — .
Jan: Okay great.
Gregory: So we’ve been tracking, we’re not really sure how we should be involved since we’re not Hyperledger.
Jan: Right, but no I agree. So, but I thought about at some point for example, I’m joining the biweekly meetings there and they were looking for interesting projects to present to get an overview of where’s blockchain technology and climate related stuff working together, so you were actually one of the projects that I thought about. I just wanted to come here say hi, this is the first time I’m joining here I like what you’re doing I think your selection of technology is pretty spot on, so I’m not sure, I don’t have a specific question right now, but outside of the technical development, where do you see that you need help or would like to have people contribute?
Gregory: Fantastic question, I mean I think there’s a couple of different places to — that we would love support and contributions, so in terms of business development, the most important place for us that you know we’re focusing over the next couple of months is on maturing the buyer side of the marketplace, so things like the pre-sale of the biodiversity credits, etcetera you know making sure that we’re learning about people — you know organizations and institutions that have demand for you know carbon and biodiversity credits, serving their needs and hopefully starting to line up pre-purchases, so that we can sort of have liquidity in our marketplace and you know — .
Gregory: Yeah, launch with real utility for real people, so that’s one place that we would love community support and so projects, like if you have a project or are interested in creating a project and you know and Eddie this goes for you like if you really feel a lot of will on the — you know voided emissions thing like bring it you know what I mean? We have our focus but it’s cool if we start getting those demands in that like user driven demand of like these are the kinds of credits we need. I know there’s a market, here’s the market, here’s the tooling we need. So that’s one and as Cory mentioned, we’re actually doing this RFC process around our credit registry system, so people if you want to engage and be like — well what I know about the market leads me to believe that this isn’t going to work or this is going to work great. We would love that feedback, so that sort of engagement would be super super valuable.
Eddie: How easy would it be to import the Australian model to Brazil, for example? I’m actually originally from Brazil I live in the US but —
Gregory: It should be — a lot of these methodologies should be portable, we’re actually doing — depending on like the grazing methodology for instance, we are actually — are already correlating it to South American context so that’s interesting there are other pilots so happy to like yeah happy to dig in if there’s opportunities there to sort of like flag a pipeline of credit development for a specific group of people that know they need it, like let’s do that. That’s fantastic.
Eddie: Please send me some tools to look in — and document to look into I’ll see what I can do to see if we can get this pushed into Brazil being the largest country in South America that would be huge there’s a lot of monoculture there, a lot of industrial agriculture there and the current — let’s say environment is not very conducive to implement in something like this because as we know the president there is no friend of the environment but I’m sure there are a couple, maybe not the largest, but a couple of industrial farming operations there that would be willing or inclined to look into this and even if just to get some green-washing you know to them I don’t care if that’s their motivation for it as long as they get it done you know.
Gregory: As long as it does — as long as there’s integrity in the outcome, yeah, motivations are less important. I agree, so well I actually just want to — Christian do you mind doing a brief post in the DVD channel about just like a status update on what’s happening in Brazil with the nature Conservancy and you know what?
Eddie: I’d also like to be more familiarized on how easy it is to circumvent or produce fake data I mean the — knowing Brazilian businesses, I would not be surprised if they do this to get the reputation boost and maybe even get some credits here and there, but they’re not actually following through with what they’re doing. How easy is it to game the system?
Gregory: Yeah, well so that’s a whole conversation about the process of [inaudible 34:01] of verification, of sort of like the generation of a scientifically robust credit and I think we need to do a little bit better job really articulating that. It’s you know there’s a couple of — I would just like as an overhead, you know the name of the game with robust verification using sort of cryptographic networks to create the appropriate level of transparency is what I call inter-subjective verification methodology and what does that mean? That means that you’re the higher — the more points of corroboration and — so there’s like two things: one is you rate the data and the model, so you’re clear about the data, where it came from and the model and you always tag that and that’s always included in the blockchain and then there’s a process to be able to rate the data source for risk and the model for risk and then you layer different attestations onto each other, so the more different corroborating attestation there are — the higher the certainty that credit is robust.
Eddie: Is there room for it? Providing some independent monitors paid by the profits of the network to go in there and verify this?
Gregory: Every credit — .
Eddie: Cause if there is a chain of verification if they can verify a couple of those points that would be reliable — .
Gregory: Essentially a core part of our market is actually a marketplace for verifiers and auditors, meaning every credit class can include an independent audit by a registered party, as part of the criteria for issuance, but also if people would like to be issuing and trading credit that don’t have a third party audit, there’s just going to be a higher risk associated with that credit if that makes sense.
Eddie: And what kind of verification is required for a person to become a monitor? Because I’m coming from Brazil again, I will tell you like you can have an independent monitor going there and that guy is getting $1000 a month to do his job, the owner of the farm will pay him $5000 a month to give him a good rating.
Gregory: Well that’s what, that’s the way the system currently works, if you do that in our system you’ll not end up making very much money, because there is full accountability which doesn’t currently exist.
Eddie: Okay.
Gregory: Anyway I — let’s keep this conversation going I think it’s a fantastic one, it’s important and we can then articulate, how we’re coming. I did recently in the public channel I did a long series of posts about this if you go back a week or so — bye Christian.
Adriana: Bye.
Christian: Thanks everybody.
Eddie: Can we hear from nature conservancy in Brazil? I think he was gonna mention something about that.
Regen Network speaker: Well there’s — I can’t say too much about it besides the fact that we’re communicating with them about a payment for ecosystem services project at this point and it’s very — they’re still working on specs for that and talking to a number of different organizations, I think from my perspective what it is that we’re building meets their needs to a high degree of quality and I doubt that there’s many others that are doing something that can be done at the level that they’re talking about. The fact that we already are partnered with the nature conservancy and other projects and were incubated by them last year I think gives us a foot up and all of that but at this point none of that’s public nothing’s actually been signed, so I think I want to just leave it there for now.
Eddie: But well let me know if you need any help whatsoever interfacing with Brazil or Portugal. Any other Portuguese speaking countries. I’m finding sources, contacts with translation worker or any of that.
Regen Network speaker: Awesome. Thank you so much Eddie.
Gregory: Thanks Eddie.
Eddie: Cool, alright.
Gregory: Cool, well so just to sort of like recap our approach, because this question comes up a lot the approach to verification that we’re taking and the use of the blockchain. In the 1.0 version is this sort of immutable ledger of the provenance of data, the model that’s being used like empirical or process model that’s being used to quantify an outcome like carbon credits, right? And then the ability to set credit thresholds for the you know audits in order to actually be issued and we’re building the tools to make all that possible and we’re building tools to make custom graphic signatures native in applications like R-side. Like Will, as a representative of R-side and other things to sort of — so then, 2.0 is we’re sort of, we’re working towards a much more robust essentially decentralized oracle network where you have sort of trusted computing systems, you have trusted sensors with trusted execution environments operating and decentralized identity and sort of like this much more robust system in which we can use game theory and incentive structures to create — to totally transform the way markets were. But right now, the state of the technology and the state of the markets, our go to market strategy is to use the distributed ledger our blockchain to essentially as a registry service, a public registry service of who said what about where, in order to assemble essentially an NFT that non-fundable token, that represents a specific outcome, ecological outcome that is a credit — carbon creditor, biodiversity credit, just to sort of like give everybody a sense of like the roadmap there. First we launch with this ability to have transparency the world’s first public carbon registry, there is not any other or many of the other people are using things like Hyperledger and other things which doesn’t actually give you a public registry or an injure blockchain operability approach, so there’s that sort of differentiation and then based on the public nature of the blockchain and the tooling we’re building and the ease that we’re trying to accomplish and then later we mature into this much more robust sort of fully decentralized verification network that I think is — .
Eddie: That is great.
Gregory: The vision, right? Gonna take a few years to get there.
Eddie: Oh yeah I was going to ask you this. This more mature version to the so called 2.0 that’s a few years down the line, right?
Gregory: Yeah and it’s gonna be because this is a public network that will be something we’ll be pulling from research and development from other block chains will be leading it ourselves you know there will be a myriad of different business opportunities and you know for our validators, for verifiers, in sort of like leading the different elements that creates that reality.
Eddie: Awesome man. Looking forward to it.
Gregory: Cool well thank you everybody for showing up to an active Community Dev call super grateful for everybody’s attention, unless there’s other burning questions around you know a Testnet and other stuff I think it’s a good place to you know call it for this week and I look forward to seeing folks many of you may be on the community validator call next week. Next week which will either be focused on unpacking how our launch went of the Testnet or focused on briefing everybody for the upcoming launch depending on the — you know how the Dev net goes.
Adriana: Looking forward to it. Thank you.
Gregory: Thanks everybody.
Will: Thanks.
Adriana: Bye.
[End of call]
View slides from the March 4th call here.
If you want to keep up with the community development team’s progress, add our biweekly schedule to your calendar and tune in on Wednesday, March 18!
