Part 12:
Robert: [01:03:21] Amazing and I don't know what a lot of that meant.
Matt: [01:03:24] Basically, it just means that at the moment, hives, quite it's not a juggernaut, but it's quite complicated. There's a lot of politics on it. There's a lot of things that are going on. Peer plays is a much smaller chain and it's we're able to decentralize it. We've got a few more things to do there, to run a few more nodes, but we'll get that set up and they have a lot of the tech that we need built and it's the same tech base as hives graphing. So because of that, we've partnered with peer players because they can help us build a lot of the tech that we need to roll out this speed network and then we can transfer a lot of the tech into Hive without having to redo a lot of the work again. So once we've proven it works on peer plays, we expect the Hive main core team to to take a lot of that work and build it into layer one of Hive so that we have an FTZ token systems, storage systems and swap systems inside the Hive layer one layer one system, which saves everyone a load of work per placement because they get to prove that they're trying. Their main goal is to be interchange swaps, so they want to be able to go from Ethereum to graphene, from hive to into graphene, from hope to to peer plays and from bitcoin to graphene. So that would be really, really cool. So and this is the thing as well, you know, instead of us just focusing on Hive and we appreciate it's going to be a multi blockchain future. And so if we can help lift the other ships in the graphene sphere, then everyone wins, you know? So hopefully this does a little bit of that. That's all kind of kicking off. They've got a lot of that built, so they're going to testnet a lot of that over the next few days and. So we're really looking forward to people getting involved in the test nets for the kind of token economics this side of the network. And then the actual node, the thing is going to take the time is the node building. So the ability for you to run the desktop app and then on the back and the desktop app, it automatically runs a storage node if you choose a KDM node, if you choose, et cetera, et cetera, these kind of infrastructure nodes that really make a peer to peer contact network that takes the power away from YouTube.
Matt: [01:05:28] So the idea is that we're going to have to build relatively intricate ways to run those nodes on people's computers and then allow the systems songs on the peer place network to track that work and distribute tokens to them, to the users taking part in that activity fairly. So that's going to be the thing that's a little bit more intricate. We think that will take about eight months, which would we'll see, though, because, you know, to start building this stuff out, it gets a lot more clear. So we'll just keep updating people. Basically, our initial estimates right, that that might be 10 12 months. It might be six months, who knows, you know? It's a bit early, but we'll see. We'll certainly keep people updated. And the other thing that we're doing as well there is you were talking earlier about how you I think you specialize in setting up basically independent websites for people to operate their ecosystems on. Well, that's what we really want to do with this. We want to have ways of having at least open source, basic kind of front ends that people can run as skins and automatically they have the web three ecosystems built into the backend of them so that they can. They can build their own tokens, they can release their own communities, they can. They can operate peer to peer and self host and host within their members of their communities so they don't rely on any of this centralized infrastructure that so many of these sites have to rely on these days. And the other thing that will do you imagine how much of the value of content is being extracted by Zuckerberg and Dorsey through their their web platforms? It's incredible amounts, and once you can tokenized communities, some of these communities are going to be so powerful because they're going to have their own token ecosystems and economies, and they're going to be effectively printing their own money in a decentralized way. And the market caps of those currencies, let's say you've got 100000. Follow a community of millions of these communities of a million people. That's you talk about the ecosystems, the size of small countries on distributed layers that can't really be well regulated.
Matt: [01:07:34] And you know, my hope is some of that's not going to be good. There's going to be some very strange players. But you know, we have to appreciate the authorities can chase after those guys, the community will be able to do some sort of self-regulation. Maybe we can meet another time and talk about that. That's that's another layer below. There's definitely a self-regulation element to this that we need to build in instead of us being the arbiters of what is content or acceptable content. But once that's kind of solved, some of these communities are going to be so incredibly powerful. And what it means is you're going to have lots of entities growing up that kind of exist simultaneously with governments and the current ecosystem, current establishment, let's say. And it's going to dilute the power of the current establishment and allow the communities to kind of pop up around and do their own thing. I think that's going to be a great feature. I think that's that's a decentralized, a future with decentralized power and where we currently the current trajectory, the trajectory that we're on is kind of a bit scary as far as I can see these days. So I'm looking it feels like there's a light at the end of the tunnel there with this technology and whether it's what we're building or not, it's not the most important thing. The most important thing is that it happens. I like to think that the Speak network Community and hive has laid the groundwork so that people can see how this can be built. It's all open source so you can copy and paste it and replicate it. And that's also important for us to make sure we build ourselves out of of any responsibility for the system as it were. You know, we'll release the technology and let it let it be used. And the other thing is, even if we don't manage to finish building this, the instructions are in the light like paper, the ideas are out there. Conversations which are these such as these are important to have, and that's one of the reasons I wanted to speak to you. And once these ideas are in guys like your heads, I mean, I'm not saying I'm the smartest guy out there.
Matt: [01:09:24] I've definitely I'm definitely passionate about this stuff, and I've definitely been learning about it for a long time. And as a result, if we can lay a foundation that people such as yourself who clearly very bright in your area might turn around to us in a year's time and say, I've just realized that this is possible, you know, we would never even thought of in that. That's where we're going, you know, and that's the thing that's really excited about exciting me about this. There's people, people such as yourselves that are going to come up with ideas, I'm sure, and blow our minds as well. At the same time as maybe we hopefully blown your minds with some of the foundational tech we're building. Definitely. So I'm looking forward to that.
Robert: [01:09:58] And once again, huge inspirational words to end the conversation on a really positive note, which is fun. So thank you so much for the time and the passion and all of the information that you've conveyed. I now have at least five times as many questions, but a lot of great pointers on where to go to read up on it and ask questions. And I'll be interacting with community, and I'll also be releasing this video on 3speak and blogging about it on Peakd and any place that I can to start to get involved. So thank you so much for converting me into somebody who wants to be involved.
Matt: [01:10:40] That's really cool, you know? And like, I'm very neutral, as neutral as I possibly can be. My only politics is free speech. I want to make sure we preserve that and then I trust the guys such as yourselves are going to use this technology and build bigger and better things with it than we could ever do. And we're just excited to have guys like you around that. Yeah, that we can work with and maybe help bring up to speed and then maybe even surpass us as we as we as we go forward, you know.
Robert: [01:11:07] Awesome. Thank you.