Hashing It Out: Flash Hash: 02/15/2023

So it's recording you want to do this shit D can I get a can I get a flash hash? flash ash flash ash preoccupied There it is yay, it's mad at us about changing the historical day today I'm so mead you know I for some reason and really okay with him being mad at me because it's gonna make my life so much easier So mead so mead guys Let's do our introductions for a week right now in a spectacular little sweater we have one dr. Corey Petty Say hello, I'm dr. Corey Petty and I got a haircut Why make me more of a douche? Yes absolutely hacker douche Hacker douche that's my that's what I'm going for Dear needs a new one for something. I need some sunglasses Okay, yeah, I got a glove last was a glove well, it's more like It's for my riding monitor. It's like a half-glove Oh I'm gonna have oh when it's backwards like that you look like it does that have to is that your name sir on your hat Yes, it is and then I have everybody else's named Yeah, for those who are watching this be jealous about our swag I mean is there one with my name? Do I get a unfortunately not yet? Yes, not yet Wow, we can fix that sure she's got a guy just got a guy got a hat guy What do you guys think one or two good send me one more? I like one better, but they're both good. Oh, okay. You're right. It's one better correct like a little different Like that one doesn't like it the quality of the stitching is not as great quality control meeting as as this one Like this one is Chris This one's real crisp Santa had I can't get included so she can go fuck We have like there's some of these extra Your extra hats this one there's only we'll with our names on names on Listen, you've got one apparently Yeah, where's it got one? Well, no, I'm saying D does and speaking of introducing ourselves in names D Say hi to our audience tell us about yourself. How's it going audience? My name is D. Also known as black zordon Longest winner of flash has so far on the year and I'm ready to win another In case you guys don't believe on blacks. We're on it actually says it right there So you can see that it is a name that Zomonika Anyways, I'm excited to win another one Again, there are no winners, but I like like the winning attitude Jesse or so the name says on your hat is that I Think that's my name some days. It might be different depending on if I'm in trouble oh Yeah, so I'm a this podcast. I don't know what do you things? It's always it's always weird being on the spot to give a description of yourself True, I mean, I won't have you tell your favorite color some other stupid icebreaker, but yeah Thank you for at least giving us your name roll crowd no problem. All right, so Flash ash we've got three subjects everybody gets two minutes a lot of that two minutes of Jesse time We'll probably be absorbed by the others, but we'll see It's been in some instances not needing that time lately first subject of the day is Bitcoin Now has NFTs Everybody's getting NFTs and now we got Bitcoin Cory this was actually your you want to talk about this one. So we'll go with you first your two minutes starts now Yes a good one First thing I saw was the chatter in the in the slack We're on this one and it's basically the concept of since Tapper which was a while ago got implemented into Bitcoin it allowed for What would eventually be something like smart contracts or a flavor of smart contracts on Bitcoin because it expands the functionality in the scripting language of what the Bitcoin blockchain can do and No one use it didn't get any adoption nothing in the first I guess I would call major adoption is What's called Bitcoin ordinals, which is a way of like tagging UTXOs in Bitcoin with additional data up to four megabytes and what people are doing is basically shoving what is not quite up to the standard of Ethereum NFTs but NFT like objects or pictures picture data on to these ordinals and then trading them around and the good portion of the quote-unquote maxis of Bitcoin or pissed off that people are using the blockchain and Doing something new that they approved of and often in the sense of like Adam back saying miners should censor these things And so like you just have this kind of weird double cross or like double talk on What they think this supposed to be as useful for yet passing Extended functionality and I imagine what's going to happen is they're going to end up going through the same pains that Ethereum went through and had a deal with permissionless use of a blockchain when you expanded functionality and They'll have to backtrack a good portion of the dumb shit. They said in the process of criticizing Ethereum for doing it and Since it seems as though like it's growing in popularity and people are at least using it I'm excited to see it and I like the fact that tap words actually being used for the first time All right, just in time D you are up next sir your thoughts on the Bitcoin NFT your two minutes starts now Your mic is not on How about now all right it is and I'm gonna I'll restart your time You only took 10 seconds, but I'm feeling nice. So two minutes starts now boom. All right, so I got seven of them Just wanted to see what they were about Okay, I don't get the NFTs like that. I'm true to the chicken gang. That's about it gang gang But when it comes to NFTs, I really really wanted to end Wanted to die in a fire most all of it except for my chickens, of course gang gang But now when it comes to the Bitcoin community at large, I honestly think the sound people they don't care I think these maxes are being a little bit irrational about it. I think it's all summed up With there's an old old miner that I follow. He's not old. He's not old person But he's been mining for a long time And he said I don't care what you do as long as you pay your fees So that pretty much sums up what's gonna go on with Bitcoin with this new ordinals and taproot And I hope it opens up a whole new world to Bitcoin People start using taproot and trying some new things on Bitcoin To me it was a big nothing burger But it was just funny to see all the people on twitter that were like, oh my god, he's on Bitcoin More ways to waste our money on jpegs Just a bunch of twitter buzz Like Corey said, he summed it up. The most interesting thing is people are using taproot or something The least interesting thing is it's another enough tea thing and You know, Bitcoin is gonna keep trucking along Processing transactions very slowly Well, I'll put it very slowly in quotation very slowly and Being secure and being slow. So let's say that's all I really have to say about it You only had like eight seconds left. So that's that's a big answer real quick. I got a I got a interesting consequence of this If jess if jessie hands over since this time It seems like this is gonna be more than a 10 second something rather. So why don't we see how How what jessie has to say first jessie your two minutes starts now Um It's cool. It's disrupting ethos of bitcoin like Corey mentioned it's kind of Taking all the boomers who bought into bitcoin because it was just bitcoin and forcing them to deal with nft's um Yeah, I don't know nothing nothing really much more to add. It's cool Okay. Yeah, I thought I had a feeling This would happen. So yeah, core you've got like a minute and 20 seconds. So just awesome So I was reading a post by on twitter pro by eric wall um Who mentioned that like he went into the way in which full nodes operate on bitcoin and Um in order to be a full node you don't actually have to download all of the data or the segregated witness part of the data Which is a part of what segwit created which is where all the signatures live um And the way that taproot is implemented is a part of a segwit segwit software. So uh in the event that These nft ordinals become popular and the quote-unquote blockchain gets bloated with them The actuality of how of like I said purists if you will that don't care about these things Means they their wallets have to do less work Like they're literally having to download less data And keep track of less things and spend more competition resources to be quote-unquote a full node They can completely ignore all of this stuff And so it's actually becoming more efficient for them in the event that ordinals become successful Which is completely against a lot of their complaints, which is it's going to Fill up the blockchain. You're not going to be able to use it, etc It's going to be cheaper and more efficient for them to use things and I thought that was a pretty interesting like consequence of a potential success of a use of taproot Uh, so you can prove that Why don't you just say that's pruneable like that's not part of become a full node Could have shortened Uh, no, I like to run out. It's all right. I'm done. You uh, you shortened enough for everyone involved Take that time. All right. Just your shoes. Just see a question Yeah, so do you shorten everything? I just want to shorten everything. Oh, no, see this is no that is That's a good question. You like shorten everything allowed to do right now. You can talk about that later times whatever you're shortening I don't want not not all the time. It's a short in your response to later I type a lot. I'll type a lot And I have muted everyone's mics because that is not our next subject. We're going to move on to the next one Yeah, it's uh, it's more NFT shit English soccer league They've been considering a partnership with a crypto platform to expand NFT offerings in my head It's fantasy food bowl If you will NFT's your digital trading cards Hopefully we have some thoughts Corey your two minutes starts now. Yes, this one's off a coin desk. Um, let's see I think it's interesting that the engliff premier league is Partnering so heavily with these things because everyone knows trading cards are big deal. They're just I guess keeping up with the modern times They went with a company called so rare which made a raise of 680 million dollars in a series be around Uh, I don't know what so rare does but basically the name I'm assuming they're an nft based platform and that's a shitload of money and it I noticed that They made this decision after talking with other platforms such as I guess consensus was probably considering either something on theorem or private chain and then also the um, dapper labs Uh, was also a part of those things so like they missed out on a lot of money in the process of making this thing but at the same time, uh, they immediately got hit with like financial regulations and gambling regulations because what's going on is they're doing these things called that allow you to Basically participate in fantasy leagues and then get profits based on the performance of these things But it's a free to play game assuming you have the nft's to participate and then you can buy additional nft's to like amp reward or something like that but Uh, I think this was the natural progression of things like fantasy football is you have A scarce amount of these assets that represent players You then draft them and make teams out of them and then earn rewards based on like real life scenarios, which is I mean like if you can do it with draft kings and all kinds of other stuff. I think this is just a more Fun way to do it with an open marketplace That's all right. Oh, that's good in a few seconds left, but right on time as usual Do you think you'd actually talked about this at some point in the past kind of the digital trading card game? But we'll say you got two minutes talked about this starting now I did Uh, this is close to it. This article opened up. It opened up like a healthy flower for me when I first read about it I was like non-clungible token again with these stupid ass words, but here we are again nft's Uh, I appreciated the article one for calling it soccer because football is only American football And let's just get that straight for everybody listening. Sorry Australian people But I just speak truth now um I had no idea so rare made so much money in their in their rays. So that was surprising to me Um, the nft's are taking off like this. Um I lean more towards the concluding arguments of the of the article where it was like yeah whenever you're Profiting off of you know value based on real world events then it's kind of gamble And I was like, oh well. Yeah, it is kind of gambling if How much money you make is determined upon how good these athletes play or how bad they play? um So it's it's neat Um, it's a neat scheme that they're doing here to try and like turn trading or trading card games also into fantasy football um And kind of gamify it Uh, however, I think they're going to run into a pretty hard Wall of you are making letting people gamble With fancy words attached Uh, so we'll see how it all plays out. I think it is unique I think they need to try to take the nft verbage out of it and just use something else call them icons Column Play your pieces. I don't know do something marketers get creative stop using these engineering terms thrown around for the public to use dangerously All right, um That's all I got Awesome Uh, I'm going to take this moment to remind jesse and cori that you are on camera So when you're leaning over and doing Other shit. It's very obvious reading your article I don't know article Yeah, yeah, I'm gonna put your next reading more when I'm reading I was reading more about the ordinal stuff And how people can actually use it to uh crowd uh Crowd confirmations for other transactions essentially because they can take up the whole block um, and that just seems Interesting you could use that like as an attack to like I don't know Uh, oh no Push out on the transactions great point Interesting that would have been For the first topic had you read it you could have used it if you read it Last week when a senate but that's no, I'm not reading your article your and our I know that but reading out about it No, I would read about it About this stuff and I don't hear the one and you could say this one's better But you don't so you're stuck with the shit that I find And speaking over the bridge On his throat christian speed the shit that I find third topic we're there everybody Uh appto's labs gave 50k to What school was it that they gave to to cornel Uh to fund some more computer science and research Gate theory and all this stuff seems like a lot of people are starting to do this for web 3 so Thoughts on these companies donating money and maybe making the next work You wait your turn Just took that in your mind dr. Cora petty your two minutes starts now this one's coming from decrypt Sketchy source in my opinion, but uh, it doesn't matter. Yeah, it doesn't really matter because this isn't really like Crazy it's 50,000 who gives a shit like this is enough for A single grant to a single professor to have a few grad students for a year Uh to do some work that no one's going to use More than likely but well And so the article goes on to kind of talk about how appto's cares about the education of people in blockchain And it's a big part of their whole thing and there is a bunch of money, but they're always going to help Push the idea of education and blockchain and so whatever gives a shit. This is a hiring funnel Uh It's all it is it is a way to try and train people to learn the things that you care about such that when they're done You hire them and they're somewhat useful. That's it Uh And I think it's good like overall I think the donation and grants of money to fund graduate students to work on types of problems like this Is generally good assuming that it comes from more place like a bunch of different places and not just um VC chains that are for a money grab like app does like i'm not seeing them stick around for a long period of time uh Or be relevant in the ecosystem for a long period of time, but the fact that it's getting Students in college who are spending all of their time focusing on trying to understand these problems and work on um pushing them in as many ways as they can so that they come out uh of Graduate school with relevant experience is important to the ecosystem and personally me because Finding these types of people to hire is Incredibly difficult usually you have to spend a bunch of time Training them in a bunch of other things before they become useful on the team That's it Okay, d Your two minutes on the the same topic stretch now ready for it. All right. Um, like Cory said, uh, $50,000. I mean shit. What was that going to do? Entry level mini van like it's not a lot of That's not a lot of cheese so um You know it's a small little bit of money to get people excited about app toes I will say this app toes is definitely following the silicon valley chain playbook very well um And this is a part of it, you know my hats off to them um in this article but kind of Like Cory said like hey we we care We care about you and we care about what you care about And they're kind of real in some eyeballs to the project And they're using a lot of hardcore words that you see thrown around in the back offices It's not but not back offices the back Crypto business tolerance and um all of these things so I did get uh, it did peak my You guys here? Yeah, yeah, there's so much going on right now. I cannot Make children in my house. There's not much I could do Throw a shoe taking it back to the old days. They were just like birds That's how my window Oh, oh my kiss gone off so um I did get cute Oh, oh two minutes gone the yellen has begun. I'm gonna pause his time Thank you. D is so funny. Oh, man. All right. That's I paused your time. You still got like 30 seconds So you just take that 30 I didn't get a little curious about app toes and the the actual comment that Spark my curiosity was app toes uses parallel execution Uh, which the company claims makes transactions fast while keeping them cheap So I was like parallel execution was that so i Googled it those popular thing that showed up was uh an article or actually kind of like a guide by oracle the company It's like multi-threading introduction to parallel execution Up into the processes And there's only reason bullets off the audience Prove performance can be significant if it improves processing for queries requiring large table scans joins or partition index scans creation of large indices Indexes creation of large tables bulk inserts updates merges and deletes Deletes not so good in crypto land, but we'll keep going. All right. Well your time is up. So it is. No, I needed more I gave you more how much you want still just pick it. Well. Yeah, let's let's put a pin in it We'll see how much time how much time do you want d like you beat them. I'll give you 30 seconds All right, so you still got 30 I got 30 seconds of jessie town jessie times there go Okay, and then it said parallel execution benefit systems of the following characteristics Symmetric multi-processors clusters are massively parallel systems sufficient IO bandwidth under utilize or other Inimidally use CPUs sufficient memory to support additional memory into the process of source hashing and IO buffers which is telling me that like You got a lot of money to run a node for this app toast thing because that's that's some of that looks like to me So that just asked me the guy who's your best friend who is a expert in parallel execution Literally Oh my god That 30 seconds was up already anyway all those bullet points you just had to have I just want to throw them out there because I was like this that looks expensive to run Talk to your best friend and expert when flash hash is done So jessie Wants you put together a supercomputer, which was expensive to run. So how is this not expensive to run? Again something to talk about later jessie you've got a whopping minute and 30 seconds Let's see if you will take all of it your time starts now um A 50k grant is not that much money in this ecosystem. Usually people give several hundreds of thousands of dollars and maybe even millions uh So yeah, I think I agree with what kori saying helps kind of garner interest from people who are grad students Who may be picked up by organizations who are looking for you know new researchers and developers in the space to help kind of push the push the envelope in terms of how you can have higher like a more performant uh consensus mechanisms with without sacrificing so much of the The decentralized aspect I guess Um, but yeah, it's just a it's an attention kind of move So That's it Those 30 seconds if anybody wants to school them up. I have I'll put a hundred dollars down And your choice of shit going that uh Aptos paid for this How would we find out? I want to know that's why that's easy for me It's easy for me to make because you're not going to prove it in your way So like but like this is a puff piece about a small amount of money that Aptos contributed to try and get a good hiring funnel, which is what everyone should be doing except for the puff piece starts to be honest about it like I don't know. It's it's a bunch of marketing stuff around stuff that everyone should be doing paid for it. They probably sent out the the old Like education reporter like press release The press release loop what we did all the things Exactly Yeah, the article is written by some junior writer is like I need something to write about it's like here's some shit The this we got through the emails of press releases right about this Getting down the head core. I just did a little research on old Jason Nelson from decrypt Well Don't hate on Jason Nelson. All right. He's making that living This article could have been made with chat chp-t. He's like Oh Jason not looking good. We'll never know we'll never know