2022-07-16 · timestamps by ADAtainment
AMA 07/16/2022
- Broadcast live from an AMA and Haskell developer graduation in Mongolia, where ADA holders grew from under 2,000 to 140,000 in three years.
- Lay out the RealFi framework, infrastructure, identity, and applications, as the philosophy behind Cardano's real world focus.
- Cover the NIST post-quantum cryptography standards and Cardano's plan to add quantum-resistant signatures within five years.
- Give updates on Mithril's inclusive accountability light wallet security and Hydra, both moving from applied research toward production.
- Clarify Cardano's key governance structure, denying IOG solely owns the seven hard fork keys.
- Range across personal and political tangents: Hunter Biden, inflation and the Fed, Vitalik and Ethereum critiques, health supplements, and ancient lost civilizations.
82 entries
Broadcasts live from Ulaanbaatar, Mongolia, recapping the trip through the Gobi desert and Ulgii with eagle hunters.
Recounts the presidential reception in Mongolia, meeting the president and his imperial guard.
Highlights Cardano adoption growth in Mongolia: ADA holders up from under 2,000 to 140,000 in three years.
The Haskell training class and today's graduation ceremony for Mongolian developers.
Recaps dinner with Mongolia's Minister of Digital Innovation on blockchain for national ID and supply chain.
Reflects on Mongolian culture, from Kazakh eagle hunters to the rock band The Hu.
Prefers economic identity and agency over the paternalistic framing of financial inclusion.
Lays out the first RealFi layer: decentralized telecom, energy and computing infrastructure.
The second RealFi layer: identity built on verification and reputation.
Criticizes Bitcoin maximalists for ignoring the identity and infrastructure layers RealFi applications need.
Notes why Mongolia is fertile ground for innovation, citing Mobicom and peer to peer lender Zeal.
Introduces the IOG team members who traveled to Mongolia for the graduation.
Shows off a Mongolian horse bow gift and muses about taking up horse archery.
Argues regulation protects incumbents, pushing crypto innovation toward the underbanked developing world instead.
Covers the NIST post-quantum cryptography standards announcement and the winning Crystals and Sphincs schemes.
Details plans to add post-quantum signatures and a quantum-resistant VRF to Cardano over the next five years.
Addresses the Hunter Biden laptop story, arguing a scandal shouldn't be pinned on family members.
Questions why neither the DOJ nor the media have properly investigated Hunter Biden given conflicts of interest.
Calls for an independent investigator, comparing the case to the two year Trump Russia collusion probe.
Blast the lack of investigation into COVID origins and the response despite a million American deaths and no bid contracts.
Contrasts the January 6 hearings' political priority with the absence of COVID hearings.
Confirms a team is evaluating which ISO 22222 standards apply to Cardano.
Reacts to Canada's Bill C-11 internet regulation, citing a libertarian discomfort with content gatekeeping.
Walks through Gödel's completeness and axioms, tying it to the foundations of mathematics crisis.
Distinguishes decidability, the Entscheidungsproblem, from completeness in formal systems.
Argues the incompleteness theorem shows there will always be truths outside any formal system.
Constructive mathematics research at the Hoskinson Center for Formal Mathematics at CMU.
Muses on the perception gap between constructed reality and the true universe, citing synesthesia.
Dismisses Michael Saylor's claim that Cardano is a security, contrasting Bitcoin's lack of utility.
Skipping the World Economic Forum in 2022 in favor of Consensus, citing elite hypocrisy.
Jokes that his flickering shirt is sadly not made of mithril.
Update on Mithril's applied research phase and the move toward productization with Lace and other wallets.
Mithril gives light wallets full node level security through inclusive accountability proofs.
Sees room for Cardano and Algorand to collaborate on post-quantum cryptography.
Dismisses projects fleeing collapsed Terra for Polygon, saying builders choose Cardano out of genuine interest.
Previews a follow up video on seed phrase security and encrypted QR codes for cold wallets.
Invites Mike Alfred to ask his question in person instead of on Twitter.
Confirms oracle projects are coming to Cardano tied to the Vasil hard fork.
Takes a swipe at Alex Mashinsky with a line about flying too close to the sun.
Recalls IOG's completed Horizon 2020 EU project on decentralized software updates.
Recommends a computer science major with math and economics minors for a blockchain career.
Denies personally owning all seven multisig keys, describing the tripartite delegated authority structure.
The next congressional appearance is likely to be before the Senate.
Reflects on being called blunt, and on being painted as crypto's worst human being.
Contrasts how his other companies treat him normally versus crypto's toxicity, via the Nessie restaurant story.
Recalls testifying before Congress representing the whole industry, met with silence from rival CEOs and Reddit vitriol.
Laments crypto's unusual density of toxicity, urging solidarity so bad regulation doesn't hit everyone.
Outlines a plan for a Mongolia livestock supply chain and digital identity system covering five key animals.
Demo SearsTag smart ear tags that track cattle location, mortality alerts and temperature.
Cost out nationwide livestock tracking in Mongolia and tie it to Atala Prism identity for animals and goods.
Riffs on factory farming alternatives, from World Economic Forum insects to lab grown meat.
Expects the decentralization white paper around August or September 2022, feeding into the EDI by the end of that year.
Drop a Nic Cage bees meme joke.
Offers support to a viewer heading into rehab.
Lion's mane mushroom studies from Japan on neurogenesis and cognitive decline.
Plans clinic based double blind lion's mane trials with brain scans and full genome sequencing.
Hearing good things about a new Cardano book without having read it yet.
Cardano's probabilistic finality and upcoming faster settlement from ledger combiners and input endorsers.
Experimenting with EEG guided neural stimulation to reach flow state instead of regular meditation.
Confirms stake pools can never steal delegated ADA since staking is non-custodial.
Denies any personal rivalry with Vitalik Buterin while standing by critiques of Ethereum's accounts model and Solidity hacks.
Teases an upcoming Snoop Dogg music video shoot at the ranch, joking about FAA clearance for the Blackhawk.
Wants to pilot cattle tagging in Wyoming too, mentioning past BeefChain talks and tagging his 500 bison.
Clarifies IOHK's Hong Kong holding company origins are legacy naming only, now a US C-corp.
Compares gritty, authentic Hong Kong to the manufactured feel of Singapore, and Hong Kong's decline under China.
Floats a possible Solana collaboration, though nothing concrete is planned.
The story of his brother's old Nintendo Repair dot com business fixing NES consoles.
IOG's diverse gov tech relationships keep it stable through recession, still hiring for over 100 roles.
Calls out the government's dishonesty over transitory inflation while food and fuel prices spike.
Plans to scale back ambitious projects like open source trusted hardware until the bull market returns.
Recalls warning Three Arrows Capital that Luna looked like a Ponzi scheme weeks before its collapse.
Recounts the fight to audit the Federal Reserve and Congress's alarm at discovering there's no oversight.
Namecheck Ron Paul, Tom Woods and a pre-crazy Peter Schiff from the old audit the Fed movement.
Offline Cardano transactions just need cheap trusted hardware, not more research.
Jokes about Peter Schiff finally warming to Bitcoin after his bank got shut down.
Promises haggis on the Nessies restaurant menu even if nobody orders it.
Debunks the claim IOG owns all seven Cardano keys, describing the shift to a members based system.
Confirms being a quarter Italian, offering to post the 23andMe results.
Calls Lace one of his favorite projects and teases a future announcement.
Entertain the Göbekli Tepe theory of a lost pre-flood civilization seeding later cultures.
Plato's Atlantis timeline lines up with Arctic catastrophe evidence, guessing South America hides more ruins.
Closes the AMA and head off to the Haskell graduation ceremony in Ulaanbaatar.