0:00:00 – Greg story
0:01:27 – Rao’s Tech Update
0:05:34 – Rao: With our current mainnet, “anything you can do on Ethereum and more, you can do on RChain today, and that’s been the case for a year”
0:07:05 – Theo: “some people think that it takes 30 minutes to create a block, which is not true, it’s because we have like 30 or so validators, and because it is a round robin and goes in circles, and takes each validator to create a block and that’s why it takes maybe 30 minutes to go full circle for this validator to propose, but if you use API to get the validator to propose next, the transactions take a minute at most. So just wanted to clarify that.”
0:08:17 – Greg – clarification on RChain’s security and safety choices.
0:17:08 – Steve Henley – Nominating Committee
0:18:40 – Community Week in Review
0:20:08 – Recap of Casper Standup – the blockchain space in general. Blockchain vs Crypto.
0:22:52 – How to get to maximum penetration of the utility of the token in the shortest possible time? 0:23:37 – How do real networks form? Whether we are talking about internet networks, or networks in your brain, or immune system, livestock distribution etc.
0:25:02 – “Small world networks” https://en.wikipedia.org/wiki/Small-w… These networks have a high tendency for clustering. What are these clusters? They are shards. And between these clusters is a backbone. What’s that? That’s the RChain mainnet. So if we just follow the science, then you will arrive at a network in which you have clusters of services which aggregate around high performing shards and a communication backbone between those shards. That’s RChain’s proposed architecture since the beginning, and it’s been proposed because of the science which is more than 30 years old.
0:27:17 – How did the internet form? Lots of intranets, and the value of connecting of the intranets overwhelmed the security fears.
0:33:06 – RChain’s proposed structure and go to market strategy follows the science, and that decreases the time to maximum utilization of the REV token.
0:35:03 – Now, the other issue is that convincing the dApps to build on RChain is harder, economically, than enterprise. That’s because enterprise already understands small world networks. It’s in their DNA. Most enterprises today cross trust boundaries.
0:38:44 – Question 1: Does the enterprise deal benefit the directors of the co-op and not the co-op itself?
0:40:12 – Question 2: Doesn’t sharding dilute the value of REV?
0:41:26 – Question 3: Isn’t working on sharding a distraction from LLBM?
0:43:54 – Question 4: Is sharding a new idea for RChain that just came along out of nowhere?
0:46:26 – Darryl – though the current priority is LLBM, there is a bigger picture than LLBM involved: Mercury. Mercury involves a system that demonstrates sharding, decentralization through a majority of external validators, dApp building tools, etc.
0:50:36 – Greg – Rholang actually isn’t difficult. Most programming languages are more like the rules of Chess, whereas Rholang is like the rules of Go.
0:00:00 – Greg story