This space is hosted by pauli_speaks
Space Summary
The Twitter Space delves into a profound exploration of blockchain technology, discussing its journey from inception to its current state and potential future. The session highlights how Decentralized Autonomous Organizations (DAOs) and AI, when combined with blockchain, have the power to revolutionize or endanger humanity. Key players like Base Protocol are discussed, emphasizing their unique contributions within the blockchain landscape. The conversation underscores the importance of community engagement, decentralization, and the concept of 'emergence' in forming new global structures. As blockchain technology continues to innovate, it promises to reshape various industries profoundly. This session emphasizes the endless possibilities and the critical role of maintaining a decentralized, engaged community for driving forward the future of blockchain.
Questions
Q: What is the potential impact of DAOs?
A: DAOs could unite thousands or millions globally to achieve common goals.
Q: How can AI intersect with blockchain?
A: Properly decentralized AI on blockchain could reshape humanity or pose dangers.
Q: What makes Base Protocol unique?
A: Its distinctive features and functionalities in the blockchain network.
Q: How do DAOs differ from traditional organizational structures?
A: DAOs unite people by interests rather than physical proximity.
Q: What significance does blockchain's history hold?
A: It provides important insights that can guide its future development.
Q: Why is decentralization crucial for blockchain?
A: It ensures the technology remains transformative and resistant to central control.
Q: What can we expect from the future of blockchain?
A: Innovations that will continue to revolutionize various industries.
Q: How important is community in blockchain?
A: Engagement and participation from the community are vital.
Q: What role does 'emergence' play in blockchain's future?
A: It allows for the creation of new, global collaborative structures.
Q: How is blockchain poised to transform industries?
A: Through continuous innovation and decentralized applications.
Q: What is the current state of blockchain technology?
A: It's in its early stages with enormous potential for growth and innovation.
Highlights
Time: 00:05:32
Intro and Background: Overview of blockchain's journey.
Time: 00:08:45
Potential of DAOs: Importance and future of DAOs.
Time: 00:12:27
AI and Blockchain Combination: The powerful, transformative potential.
Time: 00:17:40
Key Players in Blockchain: Discussion about significant entities like Base Protocol.
Time: 00:25:50
Decentralization Focus: Why decentralization is critical.
Time: 00:33:21
Blockchain History: Context from the past driving future innovations.
Time: 00:39:05
Community's Role: Engaging and participating in blockchain's future.
Time: 00:44:18
Emergence in Blockchain: New global structures through DAOs.
Time: 00:50:30
Innovative Applications: Future possibilities in blockchain technology.
Time: 00:55:12
Wrapping Up: Encouraging continued exploration and engagement.
Key Takeaways
- Blockchain technology has transformative potential across various sectors.
- Decentralized Autonomous Organizations (DAOs) could become major global players.
- Combining AI and Blockchain could revolutionize or endanger humanity.
- Base Protocol's features offer unique value in the blockchain landscape.
- DAOs align individuals globally around common interests
- not geographical proximity.
- Community engagement and decentralized operation are essential focuses in blockchain.
- Innovations in blockchain promise to shape industries in novel ways.
- The concept of 'emergence' is pivotal in forming new kinds of global structures.
- Blockchain's history provides context for its future potential.
- Engaging with the blockchain community is crucial for its evolving landscape.
- The journey of blockchain technology is just beginning
- with endless possibilities ahead.
Behind the Mic
Hello, everyone. Thanks for joining the Taraxa Monthly Development Update. Mihai has a brief update on some aspects that are basically mostly in the interest of the people that are developing on top of the APIs that we are currently offering. First thing, we're quite happy that we managed to join Forta. Congratulations to our Forta integration team and basically to all the people working on the APIs. The rank on Forta is actually quite nice. We rank among others in a very good place. There are some things that we need to work on, that we improve, like our latest security incident. We decided to take the tiger by the tail and we increased our security standards and procedures a lot. We are deploying on renewed procedures. These involve deployment on the development branch, deployment on the QA branch, deployment on the staging branch. The issue that we have is that basically most transactions were ranked by the time it takes for them to be included in blocks. That's not necessarily correct because actually most nodes receiving transactions propagate them further. Their ranking systems should take into account also this propagation metric. So we're still working on it. Our newly integrated DevOps team is really working on this. Okay, this is mostly from my side. Mihai, if you're ready, please take over. Thank you. Okay, thanks a lot, Eugene. Hi, everyone. For those of you who don’t know me, my name is Mihai. I’m a researcher at Taraxa, and I'm also the project manager for the Taraxa network. Yeah, thanks a lot for the update, Eugene. I'll continue a bit with this basically the development part, and for those of you who are not aware, we have two main aspects of our development. The mainnet is currently up and running. It has been since March this year, and there are certain applications that are currently being developed. However, there is no functionality deployed on mainnet as of now. There are multiple ways for you to get involved with projects on Taraxa. So we have our Hackathon that we launched last year, and we have the grant program. By the way, bridge is on time. Hackathon's going great. We're moving to the judging phase. Aspen was activated last month. Everything going smoothly. It also caps the overall tariff supply to 12 billion, and it made staking yields a lot more fair. And please be on the lookout for Echo, our decentralized infrastructure for AI agents. So you're going to be hearing a lot more of that coming, all right? So thank you very much. And in the future, every second Tuesday of each month, we're going to be doing these verbal updates through spaces and submit your questions ahead of time so that we can get it covered. Thank you very much for listening on this April development update for Taraxa. Bye."
