disrupt Wikipedia
00:48 Sam Kazemian introduction
The first completely decentralized knowledge base, that's governed by token holders.
02:46 Dash was once called Darkcoin
Dash was like 30 cents, now it's like 800 bucks
3:59 Why disrupt Wikipedia?
Wikipedia is one of the best positive impacts on on the world from the internet 1.0.
But it's the same since it's since 2001 Larry who's our CIO feels the same way.
It's basically going to be a decentralized autonomous, corporation or organization or company or this kind of collective, where everyone that actually takes part in upkeeping. It has a democratic say of the basically the policies and what gets added or doesn't get added and the meta rules of the entire network.
Wikipedia is constrained in the way that the old internet is organized. They have to ask for donations because they have server cost upkeep right and then they have to pay the bills for the people who make sure the servers run properly.
Sometimes things like PayPal shut off service because we know oftentimes it's different pressures that are that are put on them.
07:30 The businesscase for Bitcoin
One thing people should realize they about this is like how Bitcoin works. People still don't get like there's no CEO of Bitcoin, there's no management. There's no business model for Bitcoin, that's not a coherent concept. Bitcoin is its own thing and it exists, and before all of this stuff, like Ethereum, EOS, that kind of stuff, the only feasible network layer, application and bitcoins model was a currency or a store of value.
But because of all these turing-complete systems, you can start building stuff like Steem, and Steemit the service and EOStalk and all of these different things and Everipedia and all of these things in the model of Bitcoin.
9:02 disruptive services
How do you see the blockchain and consensus technologies changing the face of the current disruptive services?
It's easier to get a really good network for a knowledge base going like what we're trying to build in a bit more difficult to, for example, a decentralized Facebook. People are fine with in their social networks like in their in their actual networks. It's difficult to pull them out versus just to get people to read, content and contribute stuff is much easier. That's why Steem is so successful.
11:18 network effect around EOS
If a lot of dapps are built around it, it'll have a similar network effect like social social media does, because so many things will be built on it'll, be a really rich ecosystem it'll be easier to communicate between different apps under one blockchain, instead of inner blockchain communication.
12:20 Why did you decide to built on EOS?
The next big problems that the greatest minds are trying to solve are not really involved with the pricing or anything like that. It's governance, scaling and basically privacy.
I think EOS has a really good and elegant model for scaling that can be changed if people vote on taking out delegates are increasing delegates or lowering them. It's just very flexible and it's very elegant. So I feel really confident in and laying our foundation on EOS.
It's not only the most promising one, but it's also really further along. I think that Cosmos and and Plasma and all these other solutions are really interesting, but I am really excited to actually develop.
Making a comparision with WikiPedia, they're not still using the same kind of like PHP server like things that they did in 2001. They use like squid caching layers, I think they're on Linux boxes now and they have a really intricate infrastructure.
16:28 How do you see Everipedia change?
So, basically, right now, Everipedia is basically a centralized web app. We have better policies, in my opinion, than Wikipedia we allow people to have wiki articles about themselves, their company and this entire platform, for literally everything.
We have a better policies than Wikipedia, but the site itself is centralized. So what we want to do is we want to actually build a system where we could actually just step back and let everyone that wants to take part in and govern it itself. So basically, the storage is peer-to-peer, coming to consensus on articles and edits is peer to peer.
Then there really is no business plan, because it's a nonsensical concept.
19:42 How can the community of blockchain advocates help Everipedia if they resonate with your mission?
Just basically getting the word out that this is a big project and and that it's coming, we obviously have a big announcement soon. There will be a lot of interesting things will release when things are ready.
21:36 Predictions on EOS vs ETH. Bitcoin cash
Really bullish, triple digits. I obviously I think that it depends on how the industry goes. A lot of these prices follow each other as long as the confidence in the industry is high, and right now it's the highest It's like literally ever been. So I don't see why not.
22:36 IQ, the token on the network and EOS tokens for bandwith
So how our model is going to work is, if you own IQ, which is the token of the network, (it's a knowledge base so that's what we decided to name it.) You can vote on governance and basically buy and sell services. If people have businesses around it, like copy-editing or anything else, the main feature of it is basically voting on governance and you'll, earn rewards for curation and editing similar to Steem and that's our layer.
We will obviously need a large amount of EOS tokens to get the DAP running in a decentralized manner similar to how every smart contract will work on EOS.
23:25 Interface will stay like Wikipedia or will it change?
We'll have a big rehaul in the Everipedia.org interface. I think it would be really cool if a lot of different block explorers, basically for interacting with the everipedia smartcontract and EOS API.
Then there's different ways you can edit and vote and stuff, depending on how you like the interface to be because at the lowest level of abstraction it's just interacting with the EOS smart contract in the EOS API, basically voting on governance, edits, curating and earning tokens for that and stuff like that.
I hope people build their own inferface version because that's a good sign up of a vibrant ecosystem.
25:12 The reason for the name Everipedia
The original idea was, why does Wikipedia not let you make pages for everything if it is the sum total thing of human knowledge?
25:39 No economic force needed for donations or ads
So the whole idea is hopefully if we can build a network in which there's basically no economic force for donations or ads or something people can actually vote on governance and edits and stuff that has the long-term value of the network in mind.
Having proper incentives that will have first-time solutions that haven't been actually addressed or solved in the internet space, like basically to solve clickbait or even like weird cartels in wikipedia how people and administrators have a little bit more control where things get deleted and stuff. I think that we have a lot of good answers.
We'll obviously even take input from the community, it'd be really cool to discuss. And once the tokens arrive, our community gets to decide these rules themselves. Basically, the whole point is to build a base layer so that token holders vote on the rules and things that they want to actually see and that they think it's going to be the best type of knowledge base.
27:33 EOS IPFS scheme
We're going to be using the EOS IPFS scheme, basically, and so EOS has a basically they have a network-wide protocol for that stuff. I think it's in their storage white paper and the everipedia protocol will also use it.
28:47 EOS operating system?
29:35 Current state of ether
30:33 unlimited votes and large stakeholders
Wouldn't things get messy if you allow unlimited petitions that can be overlooked by legitimate votes or manipulated by large stakeholders?
We actually get a similar question like this. All the time like what happens, if, like large stakeholders, have too much say right like what happens if they get their way from whether it's petitions or or like, for example, coca-cola buying, like a hundred million dollars worth of EOS tokens and then basically getting to rewrite everything for Pepsi or like remove their controversy section on their article or something like that.
It would be interesting to see how how this stuff develops, if anything like that happens because a lot of people were saying the same thing with Bitcoin: Oh as soon as it gets big like governments will step in. 50 billion dollars, is nothing for for a government. They'll just they'll just kill it overnight.
But it seems like that is actually not happening and the government's are looking at it more of a curious thing. China did something pretty rash in September, but now they're kind of relaxing it. Bitcoin futures are trading right now and it's really bullish and the US government's definitely not stepping in. So to actually just to get back to the answer, I think it's not gon na be a lot of blackhat stuff like that, but it'll be cool, it'll be interesting to see if stuff like that arises and there's mechanisms that we're proposing for meta-votes on stuff and like deposit timeframes and stuff for stopping those kinds of basically like takeover attacks.
33:43 Wrap up, keep in touch by Telegram for example
Connect on our telegram, definitely we'd love as many people as want to talk with us, we're always on it and and all that stuff. So please join our telegram. It'S @everipedia _official
So Telegram, Twitter, we just opened our subreddit / everipedia
34:43 Join up on EOStalk forums, will pay you by upvoting
I also have a nice little supplies for everybody if you guys want to participate in something and earn some cross-chain tokens called beyondbits that are worth uploads from me, which pays you out in Steem back dollars (SBD) in Steem, so feel free to join up to our forums on eostalk.io
Wow! That's a great information! I will definitely join EOStalk forums! And earning SBD through it sounds awesome! 🙂
Yeah man just sold my $BD for $9.99
Sorry to say, but I am not a man. Lol. I am a girl from India.
Oh I'm so sorry! lol it's just a figure of speech : ) How are you doing? Is crypto a thing in India?
Crypto is a thing everywhere!
I think it would be more accurate to refer to SBD as Steem Blockchain Dollars as opposed to "Steem Backed Dollars". Calling them Steem Backed Dollars would be incorrect and misleading. Since I brought up SBD, why is it that SBD is up to over $10 now? Wasn't the idea behind this to peg it closely to the USD?
Yeah, I think @ned or @steemit is buying them up:
https://coinmarketcap.com/currencies/steem-dollars/#markets
I like it
I like nutela! :)))
good informations @nutela
thank you for sharing
The more economy and platform we create around Steem, the better!
Let's hold on to our tokens as the economy gets built, but let's not all cashout at the same time afterwards please... hehehe