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AI for Web3 Research and Layer 1 Scalability
Recorded: April 21, 2025 Duration: 0:51:21Space Recording
Short Summary
In a dynamic discussion, industry leaders unveiled innovative projects like XGROC and Prasaga, focusing on AI-driven insights and scalable blockchain solutions. With a commitment to community engagement and adaptability to emerging trends, these projects aim to redefine the crypto landscape and enhance user experiences.
Full Transcription
Thank you. Good morning everyone. I am inviting all the speakers up. So Michael can be the co-host
and X-Groak. I also sent you an invite to co-host. Awesome. Good morning everyone. Good morning.
Awesome.
Good morning, everyone.
Good morning.
We're waiting for X-Groak, our guest, to join.
He should be accepting the invite soon.
We're having spaces on AI for Web3 research and Layer 1 scalability. with us uh the team from x-work as well as brady uh who are who is going to moderate this
spaces today uh brady i'm going to give it to you okay thank you sorry i
little technical difficulties but we're in now as long as everyone can hear me
um yeah i just wanted to yeah we can hear you thanks michael just want to thank everybody
for being here um looks like we've got some people filing in perfect perfect um Let's just, if we could just start out here a little bit.
Josh, how's, if you'd like to introduce the team behind XGROC and show what inspired you
to create this AI-powered research tool specifically for the web three ecosystem
I don't think he's got a speaker rights yet. I think the speaker is more at 61. So I invited him to co-host.
Okay. We're waiting for him to accept. Okay. Hello, everyone. Are you on my okay um hello everyone please am i audible yes you are okay thank you
okay so um firstly i'm josh i'm the cbo of sglock so sglock is built by an experienced team
This work is built by an experienced team, an experienced team of traders, tech team with a minimum of five years of experience.
Looking at the crypto market today, we have a lot of traders trading different kind of charts, which is the spot trading, the ETF, the futures the dgene etc and if we all can observe we know that we have
just one percent of these traders that are profitable um the ones that are profitable
and the ones that are not profitable which the 99 of traders that are not profitable this is not as
a result of them not knowing how to trade no they do know how to
trade but they lack some information which is some fundamental details and some technical knowledge
so s group is built to guide and educate all these traders so that we can have higher percentage of
traders that will be profitable while trading so sC will not only predict or give you the market analysis,
we build this S-GROC to ensure that all traders remain profitable as a tool to educate,
communicate, and guide traders towards their trading journey.
Great.
Thank you very much for that.
Michael, can you introduce yourself and share what motivated you to create Versaga,
particularly with the goal of addressing the scalability and cost issues plaguing other blockchains?
Absolutely. Thank you very much. I appreciate it.
Good day, everybody. I'm glad you're all here to listen in on this. Appreciate the attention
that we've gotten lately on our project here. So Prasaga is a foundation. We are a layer supplies open, trustless, permissionless blockchain.
We have we started this blockchain in in reluctantly, I should say, because the original intent of the project was not to build a blockchain, but to integrate a blockchain into a very high performance, internet of things,
smart city message bus that would have allowed
the decentralization of the internet of things
and given the auth authority and control of the data
and the revenue, at least part of the revenue
to the device and owner of the device that was producing data.
But to the scalability and the issue with stabilized purchase power, technically in 2018,
there was not one chain project out there that would facilitate what it is that we needed to be done.
So, and when I say reluctantly, I meant we didn't want to have to build a blockchain,
but it turns out that we did have to build a blockchain.
Blockchains do what they do.
They do them well.
They move a, they give you a address, an account address, and then they go ahead and put that account address in any number of different smart contracts that you may purchase some asset from.
You're actually not purchasing the asset.
You're purchasing the rights to the asset.
You don't have the possession of the asset until after you actually take it off chain.
Because all the state of that
asset is not in your wallet. Your wallet is just a viewer and the state is in the actual
smart contract. So we had to combat all of those things that blockchain didn't do
in order to make it a relevant project.
So we had to actually build our own native blockchain.
The technical reasons that we could not do what we wanted to with any blockchain out there were one on the scale,
the ability to scale the capacity, not the transaction throughput, but the capacity of the blockchain
itself. So as demand grows on the blockchain, resources are added in order to ensure that we can
take up that capacity or give that capacity to make sure that we do the second part of it, making sure that we have an average transaction
latency, which will allow us to then have a stabilized transaction fee. So those are the
two things that this project started out to do when we started looking at how do we create a
blockchain and what do we have to solve for? And then there's a lot of other things over there,
but those main questions,
how do we keep something decentralized?
And then how do we scale the capacity of this
for global use?
And how do we ensure that there's some sort of a method
of exchange or value that can be created
that has a stable enough purchase power so that it can actually
be used in everyday global transactions.
Thanks, Michael.
Appreciate that.
That was good.
Let's go back to Josh here.
XGROC claims 85% research accuracy in Web3 analysis. Can you explain how this is accurate to achieve and what XGROC sets apart from other AI and Web3 research tools?
and web3 research tools.
SGOC gave real-time trading insights.
And we do this by making use of both the technical
and the fundamental analysis and tools.
If you are a trader out there
and you are a trader that trades with fundamental analysis,
you use both the news or you use your
technical tools just like your your support line your resistance you use the chart pattern just
like maybe your head and shoulder your double top double bottom that is the m pattern the w pattern
and or you use your trend line to identify your bounce and break before you enter your trade
these are the things the egg walk is going to do for you so the egg rock ai child balls will present you with this
analysis so it will not just give you just a prediction or a prediction this is going to
present you this analysis explain to you why the certain market is going to go up or is going to
go down so you don't just buy it give you the insights that is why we are above
85 percent actually because we have teams of professional traders that also combine their
knowledge together to build this amazing ai charbles to ensure all traders taste profitable
so the ai chatbot is going to give you its analysis by giving you everything you need to know on the
technical part which is by
using the technical tools to give you the right technical analysis also going to the fundamental
part as a trader if you are doing your analysis you can't do everything at once like you can't be
on btc chart now be on ethereum be on you need multiple multiple screen to be on different chart
together but you just imagine you having an ai that do all that
work for you an ai that combines all technicals and fundamental analysis to ensure you stay ahead
of the trading game imagine you are trading a coin now and maybe there's a news with the central bank
of the world you know all these news are the fundamental part of it that always affects the movement of a token or a particular coin any particular coin owner let's take an example of
bnb bnb owner might be somewhere out there making some funny moves and you know whatever any core
member of the project do is going to have a vgfect, a legal impact in the particular token of the coin.
So if you want to buy a particular coin, you have to do your fundamental analysis to know
what is going on with the project.
Are they going to be listing on any centralized exchange?
Will there be any further collaboration that is going to impact the price of this?
That is why many people trading future or sports, they do lose their money because they
don't have these adequate insights of the market.
But this is what the S-Grow AI chatbot is going to do for you.
It's going to give you all this information
that you don't know.
If we have the anything online at all,
it's going to scan through all the old sites
that has been presented in front of you,
which we are going to have time to time updates
of the sites, going to scan through everything
and give you all the information
about any token you want to invest on.
Let's say, for example, you want to invest on XYZ token.
The SGOK AI bot is going to give you full information,
the owner of the project, the liquidity of the project,
the position of the project, the volume,
everything you need to know. So it's going to give you both the project, the volume, everything you need to know.
So it's going to give you both the fundamental, the technical analysis,
showing what is the current chart pattern, what does this favor,
and after that give you a 95% accurate prediction to let you know that this is going to go in this condition.
So the EdGock AI chatbot is not just there
to predict for you.
It's going to show you, so you yourself, as a user,
you are going to be convinced.
You are going to be convinced.
This is not something that I just tell you to do this.
And at the end of the day,
you do it without you knowing what you just did.
You just know you are animal.
Unlike every other AI chatbot that does that,
EarthGock is going to provide you with the knowledge, the education, the proper communication.
So when you do anything, you also know the reason why you do it.
And you also feel fly like a trader and you earn like a trader.
Thank you. Appreciate that, Josh.
Michael, how does Persaga's use of smart assets as an evolution of smart contracts provide a competitive edge over traditional smart contract platforms and what specific benefits do they offer developers?
So this is kind of a really interesting thing that we have ended up developing here.
Again, I said that we reluctantly built the blockchain, and there's no blockchain in the world that can scale in capacity the way that we can.
Things they can always do, many will always do faster transactions per second, but then again, we're a POW chain.
But when it comes to the point about smart assets, it's gotten very, very interesting.
So first of all, this architecture, this data model has been out for four decades.
And everyone on the phone, if you've ever
used any device that has some sort of a Windows
or a windowed based operating system, Mac OS, iOS, Windows,
Linux, Android, Chrome, anything, then you've
used this architecture. And because it is the base
architecture for every type of operating system out there, basically, although modifications
are derivatives of the original architecture, which was introduced in 1972. So, okay, history over. What this allows us to do, and you'll see me kicking around,
and it's actually on my profile on Twitter, that we built a persistent state data management
internet extension. And that's based on us putting this new third data model architecture on a blockchain. So we're not a smart contract
platform. Smart contracts were the reason that no blockchain is going to scale utilizing
that model. And I know that Vitalik just came out with a new thing. They're going to go with RISC-V, I think, VMs instead of EVMs.
Big and bad, compatible and everything.
I haven't done a dive into it or gotten anything from Dave,
but my first read on that is, yeah, but you still have smart contracts.
So, sure, you're going to make transactions go faster,
but there's still a bottleneck at the smart contracts.
I think they're identifying the wrong bottleneck.
But, again,
I could be totally wrong there. This could fix everything. I'll wait for Dave to give me his assessment on it. So what these smart assets do, and I'll let me kind of say this. In this architecture, there's classes and there's objects. And classes are objects,
objects are objects, and I can put objects inside of objects. And that's the only thing that I'll
say there. Now imagine this, that your account starts from class account. Now remember, an object or a class is an object.
And I can put objects inside of objects.
So your account comes from class account,
and it is now an object on the blockchain in the database,
in the ledger.
Well, because you can put objects inside of objects,
all the assets are also objects.
Any certificate, any bond, any stock, any part in a vehicle,
anything is referred to as an object in a class and object
model.
So I can have, if I have a certain spark plug in my car,
and that spark plug has an identifier of an object,
a ledger object ID, that means it's an object
on the Saga chain ledger in Saga OS,
then that means that I can have that object
as part of my account container.
So I have an account container that now holds every asset
that I have. So unlike a smart contract platform, I now possess all of that. That's actually,
I possess the state of that. It belongs to me. It is in my container. I'm the only one that has
access or authority to give anyone access to it. It is also an immutable record. I'm not, I'm,
because I'm able to, to now have a recording of every single transaction that ever happened to
that object that I had, that I have or possess that's in my account, i.e. persistent state. That
means the state of your objects, of your assets is updating every single
time in real time something happens to them or whatever real time definition is it takes 30
seconds to create a block so it's not done until the block is created um so that is very interesting
now so now we've given possession and individual sovereign containers
on the internet to everybody in the world and every entity in the world. We've now given away
for everybody in the world and every asset that you have, physical or digital, as long as it can
be digitally represented, is now you hold all state and all access to in your own account
container, internet sovereign, internet account container.
And you have a record of everything that happens.
Well, the next thing, and this is really interesting, especially when it comes into the AI and such like that.
When you, in Saga Chain, because again of objects, I can query any individual object that I have access to.
In fact, I can query any specific field in any object on Saga chain that I have authorization
to access.
Some people might just put their whole everything out there and you have all that public information
and such that you get and some may want to have revenue for you going ahead and getting and you would pay a royalty for to get a streaming data
from any specific object out there on saga chain but you have access to every single thing so it
gets very granular and with ai we are the best blockchain out there, period, best system out there, period.
We eliminate one thing.
Ilya from chat GPT board, when he left, he said, you know,
the problem with chat GPT is they ran out of data.
And it's not that they ran out of data.
They ran out of being able to reach the data.
There's so much data out there
that it just becomes impossible unless it's indexed somehow. And that's one of the things
that we did with this architecture. We actually indexed the internet in a sense. And everything
has its own 256-bit string ledger object ID.
We know where everything's sitting at.
We know exactly what the state is.
We can move those around, those assets around between accounts.
So that's the big difference.
You cannot do that with smart contracts.
You can do this with this architecture. You can. We actually did. I
know a lot of projects out there said, oh, we're the new internet. No, we actually are the new
internet. We actually did create a functional upgrade to the internet. The last functional
upgrade being, what did they do? IPv6? No, HTTP 2 was the last functional upgrade in 2015 and so
it's I'll stop there and I hope I wasn't too deep and that people kind of
understood what I was saying well thanks Michael that's great I think the point you made about actually owning your own objects in your own container
is a big upgrade from instead of just referencing your object or your contract.
So thanks for that.
Right.
Josh, how does XGROC cater to both Web3 beginners and experienced researchers, ensuring all insights are accessible and valuable across all skill levels? one of the major factors we've been able to solve is having a user-friendly
a having a user-friendly page where users can easily go into and understand how every tools we have on the sgork ai chatbot work now let's take let's
take the beginner for example every beginner as we know day to day as many countries are now
adopting crypto we have so many we have so many users that are now showing interest in learning and knowing more about
cryptocurrency and that is the same way we have so many mentors out there on telegram today we
have several groups telling users oh i'm dropping daily signals you can copy my signals for you to
end you'll see so many groups calling so many call channels telling um telling every users that
okay i can i will call a particular currency you buy it you make profit from it and that is it so
we have so many users that have been scammed in this project because in this process because so
many people we we prove to be they are going to bring their cell up there that oh i'm a mentor
i can actually teach you how to trade in this crypto space i can actually teach you how to buy a coin i can teach you how to use cmc i can teach
you how to use their screener and so on but at the end of the day they don't actually understand
more depth of this crypto industry and that is why we are seeing a lot of people with this mentality
that oh crypto is not a good business to deal with we have
so many people like that because many of them have lost their money because they don't have that
proper knowledge by the time they enter into the cryptocurrency space so now sgrok is solving this
problem by providing um user-friendly interface that is going to be easily understandable and accessible
for every user. Either you are a beginner or you are an expert in this industry. So as a beginner,
we have our board. That is why I said, unlike every other AI childbot out there,
if we look at what many of them focus on is just predicting predicting and also um trading
predicting you will never see any of the ai childbot communicating or educating so this is what
makes sgrog ai childbot different from every other because sgokai childbot is going to communicate
and is going to educate so as a beginner even though you have a mentor telling you this or that with sgrok ai chat balls you are going to have
a proper insight in the market because the air chat bot will not only tell you
that oh pa or hello users buy btc usd because btc usd is going to go up this
no it is not just going to put it for you it is going to come with you
with a proper analysis a proper analysis that also allow you to ask questions which the AI bot is
going to answer you so that is why I've been mentioning that this SGOC AI bot is going to
communicate with you so if there is something you don't know you want to know more about the technical tools oh
what is this line this is a trend line because this is just going to be an interaction it's
going to be as if you have an advanced mentor you understand so this is going to make your
trading journey very very seamless and your trading journey very very enjoyable unlike doing those days when i was learning how
to trade i have to do that with me myself um and my youtube so anytime i learn anything i go back
to my charts using the trading view to back test whatever i've done to see how the tools work to
see um how the um how the analysis if the analysis is working well or that i do that
a lot because that is the way we grant but now introducing the esgook ai travel for every beginner
trader that is coming now they won't have to go through this stress because whatever you need the
ai chat boss is going to present that for you that okay this is what you need this is this
called this line is called um this line this is a trend line this is a candlestick this is called a
week this is called a body this is the opening price of the market this is the
closing price of the market all those basic things you need to know the s
growth a.i. charbox is going to educate you with it you don't just three blind
it so even as a beginner you are going to feel like a professional
because it would be as if imagine you trading let's say you are in a group and you have this
expert traders that always call a trade for you and the trade is always coming you know
no matter how experienced in trading you are you are going to win some you are going to lose some
because that is how this game work what makes you a profitable trader is the number of wins you have
against the number of time you lose in the markets so as a profitable trader you win more so now you
have this trader telling you to buy to sell but you are a newbie in this what you are what you've
been doing all these days is just for you to follow instruction you buy when they ask you to buy you say when they ask you to say with that you will never
learn because what you've been doing is just like copying trading and with that you won't
learn even if something is wrong with your mentor and the person is dropping a wrong tree let's say
he's been affected emotionally psychologically and is calling the wrong tweet you are also going to
fall to the victim because you are going to be entering into that wrong tweet and you are going
to be losing your money. So now imagine you trading with an AI chatbot that is going to be
with you 247. Now it is not like, oh, you are chatting, you are waiting for a woman to tell
you what to do. Now you have an AI chatbot that will automatically make you feel as if you have someone sitting beside you either you are on your
couch you feel like oh someone is sitting beside you on your couch communicating with you telling
you what to do why you should do it and why you shouldn't do it you want to enter a trade you can
see um um an ai chatbot analyzing the trade for you telling you your winning percentage telling
your chance of winning telling you where to enter the market telling you where to leave the market
giving you the percentage possibility of you winning that you are going to feel even more
confidence on every trade you take you are going to feel confidence on risking your money
you won't just go you won't just buy into any coin blindly you won't buy into any coin that
you are going to buy now it's going to work pull you in the next moment so these are the safety and
words ai um ai chatbot the sgokia chatbot has been as laid on the table for every user so either you
are a beginner this is there for you to guide you from your beginning from your early journey of
the crypto to the advanced stage either you are an expert in trading and you understand all this
like i said earlier being an expert in trading doesn't mean you know it all so the edge growth
ai travel we also introduce you to more technical terms and more technical tools that you are going
to be aware of now as an expert yes you know the
fundamental you know the technical analysis you use you are using trendline you are using any
analysis tools these are what you use to enter your tree but the thing is you cannot analyze
more markets because for you to analyze more markets even though you have five screen you can
only analyze five market at a time and we have how many how many
cryptocurrency do we have in this space they are a lot a lot more many that you would have taken
advantage of many that would have given you good entry and good exits so this ai chatbot is going
to present you with that instead of you analyzing your five markets it's going to present you with that. Instead of you analyzing your five markets, it's going to help you with other analysis,
other things you cannot do by yourself.
It's going to present you this.
So this is how it's going to guide
both the beginner and the advanced users.
So one more time, I'm going to read with the AI chatbot,
which is the S-Grow, don't just predict the market.
It communicates and it educates by providing its users with market analysis and also explaining the reason guide them throughout their trading journey by
ensuring they remain and stay profitable thank you thank you josh yeah this space moves so fast
it's so great to be able to just have something you can talk to just to click away that makes a makes a big difference appreciate that Michael let's see here
what features of saga chains ecosystem like the use of Python make it user
friendly for global developers and business navigating the complex and
rapidly evolving blockchain landscape?
Great question. I will try to keep this short, although that seems to be an impossibility
sometimes for me.
So again, when we kind of discovered what we actually built here, this persistent
state data management internet extension.
And the function that it brings, it started to really open up
a lot of interesting avenues for adoption.
We've always been a blockchain that's focused on
cypherpunk ethos. We've always been a blockchain that's focused on cypherpunk ethos.
We've always been a blockchain that's here to create
an environment that can be accessed by all 8 billion people
and every entity out there.
We've always been focused on a fully decentralized system
and eventually turning over a full in operating functioning
blockchain to community for full management over through a doubt through
proper voting and such like that.
And so to achieve all those things, we definitely took a different route.
Now, I know it's taken us a long time to get to here,
but I can't, you know, the only thing I can say is it,
we've been coding since February of 2022.
It took us up till then until we could actually start coding.
What we have done, what Dave has done at times with the team, It took us up till then until we could actually start coding.
What we have done, what Dave has done at times with the team, at times on his own,
because to be honest, he's one of the only ones in the world that could have ever done it.
And those that we know that may have been in that caliber are retired or past existence on this earth. So it was a big undertaking and it
got us to where we are right now. Now, what the features, what this does, and there's a couple
of things that this has done now. So by having this new architecture, this global class tree,
this global class tree, it allows every single type of asset, every single type of object. And
again, I don't care if it's a fungible asset or a non-fungible asset. There is going to be
one instance of code globally that every single fungible asset is created from and that every
single non-fungible asset is created from.
Now, let's think of something that might be a fungible asset, let's say a part in a car.
So now you have class fungible asset. You go, great. I'm going to call class fungible asset.
It's going to pop a screen in front of you and it's going to have fields on it and you're going
to enter information in just like you do on any web 2 app that you're doing right now and you're going
to say my part is a water bottle and my water bottle uses plastic from this supplier and this
plastic from this supplier we now know and it will be tracked forever, that this supplier's plastic comes from these other suppliers.
And these are certificates that are there in order to prove that that plastic does not have BPAM in it, that that plastic was made under proper conditions and health conditions and I don't there's no
poisons all of those things are now part of that object that asset that water bottle that somebody
put on the blockchain in order to sell so that would be a part and now what that means is we
And now what that means is once a class is created, and to create a class, it's simple Python code, 85% of the world's developers consider Python their main programming language, which is a reason that we chose Python also because of its metaclass or its first class architecture. It was one of the more easier to implement
a meta class object model by using a meta class object
oriented programming language.
And now you or anybody can just go ahead
and put an object on the blockchain in your account
and then put it up into a global marketplace.
And now there's this global
marketplace um so what this does and the other thing that we're doing is there's things out there
called standards and we'll talk about this in a little while but we're implementing a global
library of standards uh that will make it much easier and adoption from industry and enterprise in order to offer the
products to consumers, which is the route we're taking to mass adoption. We're letting the
enterprise go to their consumers and say, here, here's something that you're doing with us right
now, but a better, simpler way for you to do it.
And the consumer is not going to know what's on the blockchain, not going to know what it is.
They just know that here's a new app or a new process that's a hell of a lot simpler than the way they were doing it five seconds ago.
That is now available. That's where mass adoption will come.
So for the developer, 100x go to market uh faster right uh for the uh
for the end user exactly how you're using today's interfaces exactly how your user experience is in
today's web 2 world or even legacy world for that matter on internal or intranets within the
enterprise thank you great thanks michael appreciate that on internal or intranets within the enterprise.
Thank you. Great. Thanks, Michael. Appreciate that.
Josh, how does Xgrox AI continuously evolve to keep pace with emerging Web3 trends,
such as new protocols, DeFi innovations, or NFT markets?
That is a great question,
because understanding the market trend is also very key and very important,
and I see that as one of the key factors that also allow traders not to um properly prepare
for the markets because in this market condition we have various trends and we have various key
elements that do change the trend such as maybe there is news changing market structure and so many things so the sgork ai chat balls will be
upgraded it's going to be updated from time to time in order to meet up with this condition
such as market shift trend changing chart structure and many more the sgork tech team will
continue to work to ensure that the sglock remain updated and ensure all its users stays profitable.
So that is going to be done by our experienced tech team, which I mentioned earlier.
Great. I appreciate that. Thank you very much.
I'm seeing some hands going up and love the engagement. We're going to take questions
from all you guys at the end here. So hopefully we'll answer some more of your questions in the
meantime. Let's see, Michael here. How does Persaga's architecture continuously adapt to emerging blockchain trends such as
DeFi protocols, IoT integrations, and to remain cutting edge for different solutions?
Thank you. um that's uh actually i've had this pinned on my um wall for quite some time now on my twitter
uh wall and uh it's something called blockchain law and this is exactly relevant to what that is
to adoption and to growth and such like that so um it there's a long time ago with the internet
coming on it was metcalf's law and metalfe's law basically said with each node that comes onto the internet increases the value of the internet.
And because the node was a web server at the time, right?
Or a client that was now accessing some of the things that were on there.
Metcalfe's law doesn't work within blockchain law.
law doesn't work within blockchain law um within blockchain because of the fact that a new node on
bitcoin doesn't offer more functionality or anything it's just a new competitor in order
to reach pow and it just utilizes more power and such at some point it's irrelevant to have
for any more nodes or miners to join bitcoin um because that fact. You're just taking up more power and more energy is being used in order to solve the
solution. Don't know where that attrition rate was.
And then within POS and smart contracts and such, it also doesn't because regardless
of how many new nodes come on and such like that, all the nodes at some point have to
have all the state
of everything we have that too but we do a lazy state we have a new blockchain law because of the fact of the object tree so it's not per when new nodes come on new nodes do actually increase
capacity so they do actually grow it and add value. But it's when new objects are created as well, because you have this global class
tree of any asset type in the world, whether it be a token or a car or a stock
or a bond or a certificate proven that you meet compliance, regulatory
compliance anywhere, whatever that is,
each addition of that is also creating value within the blockchain. So when it comes to the
adoption and such, very important. And you know what? If we could think of everything,
we would already have it all out there. We think
of a lot of things that can be done. But there's a lot of people out there that are a lot smarter
than us in their respective industries. And we would love for people to come in and collaborate
and show us what can be done here. I know in DeFi, it's a much different system. There are no smart contracts.
There's assets. I'm passing assets between. I have one class. That class is an algorithm for DeFi.
And everybody uses that algorithm and then conversion it and do what they want with it in
order to adjust it. But again, everything comes from, say, a class swap. And so the adoption is fully extensible. And it's just, it is a Turing
complete system. So you can do everything with it. Can you do everything efficiently? Don't know.
Probably not. There's some things that wouldn't be able to be done efficiently, but most can.
Thank you. Thanks, Michael. Appreciate that. Let's see here.
My last question here for Josh before we get to the Twitter questions.
How does the XGROC team engage with its community to gather feedback and improve the platform?
And what roles do users' input play in shaping its development?
Thank you. In all, I particularly, together with the team, we understand the importance of community. We understand how powerful the community can be.
The S-GROC AI chatbot is currently under development.
And part of the things we've put in place is to ensure that we have users, we have traders,
we have people that have been using all that type of AI chatbot to come and test
the S-GROC chatbot once it is live.
We have, once the S-GROC is in its testing phase, we are going to engage the community
through our social media, which is the telegram and via the twitter for those that
want to join us to test these sgork chatbot to also come and test and also drop their feedback
there is one thing we do understand in this web tv space or whatever business you are doing
um before you can grow you cannot go need community. I mean, community working together with you, you having a good product and you have community pushing it, that is the only thing that can give you certainty of your product being successful.
you have no matter how good your product is without the involvement of community no you are
going nowhere even the worst project with good community will still make a great name so with me
i'm part of the team how many people can i reach out to if i should start talking right now how
many people will actually hear my voice oh i go into my street my neighborhood who and who can i reach out to can i move outside of where i am no i can only talk to
either myself myself or myself but with the community involvement we have different people
from different parts of the world the world the ways of this project is going to spread very very
fast because you have the community support in it
and of course the feedback of the community we consider it as something very very important
because we need this feedback for us to grow we need this feedback for us to know what is lacking
what what we are lagging and how we can fix it and how we can grow very fast. So the community view are very, very important to us.
Thank you, Josh.
My last question here from before we get to the Twitter questions.
What is Persaga's strategy to work with global standards and working groups, and what role does this play in shaping the decentralized landscape and ongoing development?
Thank you very much, Brady, for that question.
I kind of knew a little ahead about it because I mentioned it earlier that we're going to be talking about standards.
So this is something that came about. Anybody that's following this project, you can
start with our white paper in 2017 that we wrote. Standards bodies have always been
a very first focus approach for this project. I don't know if everybody knows what standards bodies are,
but everything that you do in life that involves something that was produced or created or
anything from somebody is following some sort of a standard in international or national or regional standard.
The best example I have of a standard is electricity, the plugs in your house.
In the United States, every single house or any building I go into, I can plug in my two or three prong plug. That's a standard. In Europe, again, depending on the
country, in that country at least, I can use the same plug with every single receptacle I go to.
That's a standard. I don't know if anybody's heard of ISO, the International
Standards Organization, but you see signs up and such, ISO 9000 compliant, ISO 7000 compliant.
They cover hardware. Every time you do a transaction on blockchain, you're reliant upon the proper standards being implemented by the by the providers
for instance of the data centers are they followed do they are they following the
ISL standards is the manufacturer of the computer following the ISL standards all
of these so the importance of standards this world would not run without having standards. Now, all that aside, because of that, enterprises use them.
And we've always been up until, geez, I'd say it was really March or early April this
year that we kind of discovered where we sit within there. The idea was always to go and become international open standards
for the blockchain itself, for Saga Chain,
for our class manager infrastructure.
It turns out that we're not necessarily standardizable,
but the things that run on us are standardizable
or can already be standards.
So we're an underlying architecture.
We're a new extension of the Internet.
We turn the Internet stateful.
That means, like I said, persistent state.
You have your container, everything does.
So in these class trees now, we are going and we're working with different standard agents.
