🥳 Bitrue Asks | dePINspired: Ask the Experts | Join & Share 100 $USDT!

Recorded: Feb. 27, 2024 Duration: 1:21:09

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hey guys welcome to big true ask it's your girl lily and i'll be your host for today before we
start i'd like to remind our listeners that there's an air drop for this ama do check out the details
in our announcements on how to join so here's a little background information on our topic today
well most of us in the space are familiar with defi gainfi socialfi and daos but dpin might come
across as something that's not so familiar something that is fresh to the ear dpin stands for
decentralized physical infrastructure networks it is a rising use case with real world exposure
it utilizes tokens to bootstrap the deployment of physical infrastructure and then creates a network
effect that unlocks the novel design space of real world-based steps and dpins are emerging
crypto trends that leverages blockchain technology to build and operate real world physical
infrastructure and hardware networks in a permissionless trustless and programmatic way
so today we are joined by five very special guests they are experts in the field and of course we
have leon back as our co-host today our special guests they will be sharing their thoughts on
dpin and discussing the topics surrounding it so in no particular order i'm going to introduce
everyone who's in the space as our speaker today so we have our co-host leon from cross space he is
the co-founder of cross space and we have from falcoin foundation jank squall the developer
advocates at falcoin foundation we also have darcy jia the co-founder of star power unai the
co-founder of csm labs jessie dai co-founder and operation as at cess should i pronounce it as cess
or css jessie cess is okay thank you okay so maybe we can have you introduce yourself and
how you came into the space first amanda first of all it's okay you can just introduce yourself
and also cess uh to begin is that okay okay yeah thank you uh hello everyone my name is jessie
my project is called cess the full name is a cumulus ecryptostory system
cess is a blockchain powered decentralized storage and content delivery networking for
for web 3 users and creators like you platform for real-time online data sharing
why builders and builder can develop and deploy the apps we offering the most
optimal web 3 for data solution for story and the retrieval high frequency dynamic data cessley
shapes the value distribution and the separation of data assets while enduring data sovereignty
and the user privacy by utilizing this decentralized physical infrastructure network
model cess drives mass deployment of network model globally slow incentives thank you
thank you jessie okay so next let's have janks can you introduce yourself a bit and also your
project background hey thanks lily uh hey thanks for coming back is my voice okay
yeah you sound fine i'm trying to test that here um so yeah you sound good don't worry thank you
uh thank you very much for having me here uh it's it's humbly because everyone else is a co-founder
i'm just a developer advocate here um but uh i can't no no don't say i work in the ecosystem
team a lot i i do work with a lot of uh founders and co-founders in our ecosystem filepoint is a
decentralized storage project that encourages physical build-up of um of star devices so
enterprise enterprise servers that has huge hard drive arrays to join the network and people get
incentivized for uh just joining the network but people also get heavily incentivized if they do
any kind of a real work related to providing cloud storage uh now so the project has about
three thousand storage providers around the world they're they're minor ids uh and also
we have accumulated about uh last time i checked um it's about six or eight uh exabyte of storage
power uh now that equates to uh close to two billion dollars of investment in hardware from
our storage provider communities or some projects call it minor communities um together we hope to
start uh decentralized cloud services for many people but it doesn't stop there from uh since
the beginning of the project we had retrieval which is cdn in mind um and also we wish to add compute
power on top of the useful storage uh data data that's stored on the network um so since last
since uh since last april we are we've uh published uh filepoint virtual machine which
allows programability on filepoint blockchain uh and some other projects called uh which uh powers
powers any kind of uh computation to be done on powerpoint these are heavy computations and
not just apps so it's uh it's great to be here so um i i was researching ses uh last night um and
it seems ses is launching with all the things that we wish we could launch at the beginning except
uh it took far away uh a while to to accomplish some of the things that ses has so it's uh glad
to be here okay thank you for coming right next next up darcy uh hi hi there so yes uh i'm darcy
and the co-founder of star power uh i got my phd in renewable energy and have been working
with renewable energy for a long time in 2023 i started to explore the web3 world and the dping
so i joined star power in july last year my my job there is to help make our virtual power plants
work in the real world so actually i'm a newbie to in web3 world and i'm here to learn as much as i
can from everyone for star power star power represents and the energy is a project in the
energy sector of the dping leveraging advanced technologies such as the iot blockchain and
ai it connects a wild a wide range of energy devices including the household
applications like air conditioners water heaters as well as the large-scale units like the storied
batteries of solar panels into a a cohesive and responsive network this network forms the
backbone of a new kind of virtual power plant maybe i will explain what is virtual power plant
later but yeah so uh the star power's role in this uh is as a smart network coordinator
so star power connects and integrates the the global distributed energy resources information
making it available to the local vp service providers such as tesla's or other vp platform
so yeah we collect and analyze the dr data and ensure this information can be effectively used
by the local vp piece and for electricity trading and maintenance in local grades so
so that's the simple introduction for what star power will do yeah thank thank you
thank you darcy okay let's ask unai next
hi thank you for inviting me here i'm the co-founder of sam's labs and also in charge of
marketing for star power star power is really an outstanding dping project with darcy and they
serve both have extensive backgrounds in the relevant industries in addition i also an
enthusiast of the dping concept this concept is reached by my story i think and it's all about
checking since up in how we think about the bones of the internet and all that this is stuff we
read every day like hardware wi-fi and cloud storage you know that how you really is the big
short companies that have the same power over the scenes and as a regular folks well we don't
really get a say in it and even a piece of action because it calls a task to get involved so i think
dping is here to flip that script it's using blockchain to spray with the lab making so that
everyone and anywhere can help build and run these essential services yeah yeah and just
imagine that your neighbor or a small business halfway across the world being able to contribute
to the internet backbone so i think it is really cool and actually getting rewarded for it is also
another cool sense so that's dping for you and it's making the internet infrastructure
something we can all a part of it not just the something we use it's like the internet is
growing up and moving into the web3 era where it's not just about bruising and clicking about
but about i think it's like everyone pitching in and getting something back so i think it's
already cool cool sense in 2024 yeah okay thank you unai all right last but not least i'll have
leon our co-host to introduce himself yes thanks host and before we start yeah it's uh my pleasure
to co-host another twitter space with uh bichu and uh hi everyone my name is leon i'm the co-founder
of cross space actually we are not a deep deep in the project we are a social project but uh
recently i talked with a couple of venture capital investors and uh you know surprisingly they are
collaboration on deepin they said uh deepin should be the next narrative a hot narrative
after the bitcoin ecosystem which really surprised me because this is a nothing new but uh actually
from last year there are already some um deepin project which is uh has a really great uh
performance such as a capas and some some others and uh the venture capital investors share with me
a lot of insights about deepin and why they think deepin it is going to be a next big thing
especially during the next boom market it has the potential to uh you know achieve certain um level
of mass adoption for their specialality and many other reasons which i will share with you
later in during this twitter space anyways thank you so much for all of the outstanding guest
speaker attending this uh twitter space and hopefully we can have great discussion tonight
thank you very much thank you all right so let's start i'm going to start with the first question
initially i was going to ask everyone um what is deepin essentially and what is its core functions
what are their goals but i think through the introduction uh every one of our guests has
sort of touched on it so i'm going to move to the next question what i really want to know and this
is for the benefit for a lot of users could be someone like me so a lot of people often confuse
themselves between deepin and rwa so what is the actual difference or is there any similarities
between the two so does anyone want to start first um maybe we can have uh jank start first
oh yeah um yeah yeah sure so i think uh um deepin encourages physical infrastructure building
for web3 decentralized in a decentralized way and provisionless way this hardware encouragement
so the the blockchain system has to be tied to verifying the physical build up and it has to be
a dedicated infrastructure to power something um it could be for storage it could be for compute
it could be for competing for bandwidth on the internet it could be for establishing a wireless
network but rwa doesn't have to encourage build up of physical infrastructure rwa is related to
real world assets in a way you can tokenize a part of internet infrastructure with rwa
but it's about splitting the ownership the assets ownership into into tokens and allow
a lot a lot of fraction of that to be created easily so intrinsically the difference is one
one really encourages build up a network it's a moving thing that's something the other way
the other way is more of a stationary ownership of something it might it might power other use
cases but uh it's uh we're mainly talking about um fractionizing the ownership there
uh also the rwa touches um touches many sensitive areas so where where where i live in uh which is
australia a lot of people are really interested in tokenizing property ownership and also
rental ownership something like that because this is one of the like the hottest uh market
so far people understand real estate industry a lot um and you're trying to do
we're talking about tokenizing the house ownership which is a very very sensitive topic
to regulators but building up internet infrastructure is is not that controversial
so it's easy to build this kind of protocol globally so i think from a from a from a definition
perspective i've explained the differences but from practical use cases it tracks different
different kind of regulation uh in the work and it's my take on this
okay thank you for that um darcy do you have anything to add to that because a lot of people
might you know get confused with dpa and rwa so essentially what do you think is the main
differences between the two other than what jen has mentioned just now yeah uh it's just
my understanding so i can give you an example in the energy sector uh between the dping and
the rwa so uh dping action it is connect the distributed energy devices like our
solar panels and our story accelerate batteries and other devices so image a network where
individuals create energy devices such as the solar panels interconnected across a decentralized
platform this network allows the devices to collectively generate electricity together and
contribute into a greener and more efficient energy grid so we we can say this system lives
is in lives in its decentralized nature it operates without a central authority
and relying instead on blockchain technology to manage and distribute distribute energy
so we call such system the dping mg dping system so what is rwa is the uh tokenizing the green
energy production okay let's still consider the electricity generated through the the green energy
sources i mentioned above like the solar panels or the historic batteries in this case the energy
produced by users utilizing renewable resources is represented as tokens of the black chain
blockchains these tokens signify ownership uh and entitlement to a certain amount of green energy
making it tangible assets with the digital ecosystem this process of converting the
generated green energy from the dping system into tokenized assets is an example of rwa so
for rwa it it bridges the physical and digital world allowing for the trading investment and
financial utilization of green energy in dpy applications and beyond so
so my understand that's my i understand what's the difference between dping and rwa dping focuses
on the operation aspect building the decentralized infrastructure where distributing the energy
resources work together and supported by blockchain and what rwa on the other hand
concerns the financialization of the physical asset like the carbon carbon token of some green tokens
uh by representing them at digital tokens facilitating their integration into the digital
economy so yeah so i don't know i don't know the examples good or not but that's my understanding
oh thank you for that so um from what i heard uh from garcy's explanation
uh if i want if i may i if i may summarize it um dping focuses on the building and physical
infrastructure whereas rwa focuses on the tokenization of physical assets that's where the two
physical aspects come into play but it's not necessarily the same thing to say
uh yeah am i correct uh yes dping uh rewards the operation of operation actions and rwa is the
tokenization of the assets yeah itself yeah thank you all right so unai do you agree with what darcy
says or do you have anything extra to add on to it uh yes uh i think rwa and dping are two
separate concept but they can like operation uh and to make the wap3 project uh uh better have
a better like a tokenization uh and also have a better network uh uh affection yes i think in the
realms of technology and blockchain the integration of rwa into the dping can make a big evolution
so uh i think dping transforms some uh essential services into a decentralized network and enhancing
the efficiency and the security and the rwa can enhance the like the tokenization and the data
integration brings the rwa into a blockchain ecosystem and evaluating them from more
uh physical entities to a crucial components of a decentralized network and this made the tangible
with the digital and i think it can bridge the i like it is like the digital world and with the
real world better also the tokenization assess digital entities or tokens to these physical assets
creating a blockchain representation uh and secure transactions and transparent integrations
and also the incentives uh play a really important role in sustaining and expanding the
network it's just so we have mentioned before like the uh net network is really important in
in the dping because the network is is the network and the participants including asset
owners are rewarded with tokens for their contribution and i think it a foster a
culture of innovation and collaboration within the dping ecosystem so dping is not just a
technological improvement it's a new paradigm that bridge our digital and physical worlds
in a secure and a decentralized manner and with the rwa it can it can make the
nft and a token have more like the like the real value i think and it can help the the
the network to grow healthy yeah thank you thank you for your explanation on that so
um i would like to have jessie to add on if you have anything to add on
i quite agree that uh una said i think that the pain focus on the infrastructure for managing
and distributing the digital and the physical resources in the decentralized manner
making it possible for the individuals to contribute the network benefit from the system
insensitive table as a reward you know why rwa involves tokenization physical assets
onto the blockchain why dping creates the infrastructure for such integration rwa is
about the actual assets being incorporated so let me using the sass as an example to tell the
difference between the ping and rwa sass is approach within the ping involves create a data
value network in illustration how digital infrastructure can support the integration
and the management of the rwa like tokenize real estate or collaborative table by providing
secure and a decentralized storage solution to store the data assets then data owner right and
and help the you know rwa to have the data ownership confirmation and why this data
transit or sharing in the different business models or data transability and data sovereignty
guaranteed so and also they were they needed to the the infrastructure or network to verify the
where's data come from and who you know the is that data from the you know uh repetition
you know so the party so that's you know needed to data barricade and see what you can tell
the difference between the ping and rwa is the ping is the infrastructure and the ping will
make rwa dream come to true that's what we think so dping makes rwa's dreams come true am i repeating
you correctly yeah yeah that's that's a nice way to put it all right so leon do you have anything to add
i i think uh the other guest speaker already gave a pretty good uh explanation yeah i agree
too i i just want to add one from from a very special perspective i i think uh rwa is just a
first notation to make a connection between the traditional access and uh the crypto access but
they merely have a ponzi admins in the whole project it's just a channel it's just a facilitation
it's not a a ponzi game but i think deepin is the best ponzi game and i like the game file you buy
nft and you play the game you can buy some tokens in deepin you buy some hard assets and the hard
assets could have some like special utility but the key is uh if you use it uh you can mine some
tokens and because uh the project can make enough money by selling the access they have
sufficient capital to support tokens so that you come into a pretty good pretty decent return
and if the if the uh the network keep growing the number of hard assets in the network keep growing
this could be a a sustainable game and because some uh some of the deepin project the assets are
pretty expensive to buy which make the uh network more easily to be sustained and and and so this
ponzi game could last a long long time this is the the speciality of this kind of uh project i
think bitcoin itself is a is also a ponzi uh sorry it's also a deepin project you buy the mining um
the the the machines and you put a lot of money and you need to consume a lot of energy so that
you mine the coin and uh and then when people uh make money for example uh some of the uh
mining machine seller they make money they can buy bitcoin to support the price and uh so that
more people will buy bitcoin this is a uh you know um amplified circle which make the network
value bigger and bigger so i think bitcoin is the first and the most successful deepin project and
the uh projects like uh what Jesse did is it's quite similar uh essentially to bitcoin like you
buy some like uh i says you mine you provide utility so that you can have external revenue
but at the same time because we have the revenue we can support the token to make the system more
sustainable this is my take uh from the discussion with all of these inventory masters and that's why
this kind of deepin project to them is a pretty attractive in the this uh this point of the first
cycle okay thank you for that leon all right so i'd like to move on to our next question
so i would like to know um our guest here um can you tell us um how does your project
leverage blockchain technology for deepin so maybe we can start with Darcy so how does um
star power leverage on blockchain technology for deepin ah yeah so
the first use is the i guess is a smart contract for automation so
that power utilize smart contract to automate the operational process with the network such as the
energy distribution and balancing yeah so it's not only increase the efficiency but
also significantly reduce the operational cost so and yeah so another another important thing
i have to see is that the direct incentivization from the blockchain so uh star power uniquely
leverage the blockchain to directly incentivize the participants for their contributions
such as sharing the excess energy or participating in the demand response programs
so this is achieved through the use of the crypto like stars where we are released later and
the tokens can be earned and trade with the network so yeah so that's the thing and
and another thing i will talk is the difference between the traditional virtual power plant
aggregators and star power so why why the blockchain or web3 are required in the vpp
buildings the traditionally or the virtual power plants aggregators fall into two categories
the manufacturers like uh everyone knows tesla's vpp platform and its product power power wall
aggregating energy products so to customers and another another vpp aggregators is a third party
vpp service platform like waters and lead aggregating energy through the commercial
building management system however the residential electricity making up about one third of total
consumption has been challenging for traditional the vpp service why because it's low per household
values and high integration cost why think of you your electricity saving everything for
for a residential maybe you can save your electricity bill
one dollar a day so it's not attractive actually save one dollar however if if you can save one
dollar plus a token from the our from star power network so it becomes more attractive
that's why star power can aggregate the random residential airplanes that's the traditional vpp
platform cannot so yeah so that's what i want to talk uh why how the star power use the blockchain
to aggregate the energy distributed energy resources thank you thank you darcy
unai do you have anything to add on to that uh yes sure so i would like to introduce a bit about the
creation of dpn i think uh dpn was inspired by the vision to make blockchain technology
easy to use and a beneficial for everyone uh it's like uh bridge the gap between traditional
finance and decentralized solutions so dpn we all know that is short for decentralized physical
infrastructure networks uh and i think it's a concept introduced by the crypt crypto research
firm uh named the massari at the end of 2022 and also uh star power is uh like report by the
massari also uh in the uh energy network era uh i think since the um massaris uh has reached this
concept uh and this concept has seen rapid development uh and also massari
estimate that by 2028 uh dpn could grow to a market size of 3.5 trillion
and i think this innovative approach aims to leverage blockchain technology to decentralize
and enhance the efficiency of our physical infrastructure systems uh and it is really uh
have the great potential it's like transform uh how we manage and interact with this
critical networks on a global scale yeah so uh that's so it's all about the i think the basic
concept of the dpn and some uh uh background of the the uh the name of the dpn yeah thank you
thank you all right um can we have just see this time uh the question was how does
ses leverage on blockchain technology for dpn so how does ses does that
hi jesse hello yeah you're on mute just now okay so uh as an integrated part of the pink ecosystem
ses offers innovative solution in the decentralized storage and the content
distributed network space through the unique decentralized storage and cv cbn technologies
ses enhance data security availability and accessibility issue the data sovereignty and
privacy so it uh facilities the the user data and has already established notable
corporations who is the you know prominent project with web sleep or web web 2 don't don't
maze such as you know the aws or any other project that we use the use the data solutions
ses continue to contribute to the ongoing development and the growth of the ping
and then we says we had we allowed all the individual you know the resources provider to
building the ses network together we not only encourage the big miners to join our network
but also you know the the home computer home computer to be our nodes so it allowed uh the ses
had the the the a lot the nodes close to the close to globally so then make ses will be truly
decentralized and also i think within our utilize all our cbn network ses will be uh the
candle for network can can achieve the you know millisecond data retrieval which is all
current close to the you know current web 2 internet so that's allowed all the you know
data processing and the data usage can really achieve the like web 2 web 2 efficiency but with
the you know web web 3 the functionality of your web 3 the the service so this is like we are trying
to you know the to to provide the this the physical and digital network within the web 3
development and it's decentralized storage solution provide the robust framework for
various decentralized applications and services and ses opens new possibility for the dapps by
offering decentralized storage and data privacy solutions and this is particularly benefit for iot
applications ai driving platforms and the data intensive sectors where cq scalable and the
decentralized data storage is closer that's what we are doing right now i see thank you jesse all
right janks let's have you next um i remember you mentioned just now that ses started um with most
of the things that fall coin wanted to do after fall coin you know spend some time to achieve that
that progression that stage so really you can give us like an explainer on like how
fall coin leverages on blockchain technology in detail yes everything we end before like retrieval
networks up millisecond retrieval which is cdn network and also being able to deploy dapps
that was something that took fall coin a while to to develop i think fem came out on the second
year's anniversary of fall coin so it took two years to get dapps on fall coin network and then
the the retrieval started a year after but it still took several months to be completed and
it is still very much working progress right now so yes we do have a sub millisecond retrieval
thanks to a project called saturn and also there is another community project called titan
they've established quite a decent cdn network around the world but there are still things that
needs to be completed and some content that is not able to retrieve completely because some
no operators there is simply no mate for for retrieving data for their clients so they decided
to keep their data private now for for how how dping project can use project i can i can talk to
how fall coin uses blockchain blockchain technology in the in the in the dping sense
i'll go from probably three aspects one is getting the machine three agree with each other
getting the people to agree with each other and also getting securing the data so blockchain
has has some of the attributes that is really good for facilitating decentralized technologies
for people to agree with each other blockchain is public verifiable you can verify people's
identity which are what it addresses but also it is private so we don't care what that person is
as long as they have a valid address with and has data associated with it on the blockchain measure
we can serve them a valid participant awesome network it does not discriminate it also allows
people to enter permissionless and when it comes to deciding the future for the project things
need to change according to the current environments because things never things always change
blockchain gives a really powerful tool to to quickly allow community to decide on what to do
so there's community community voting there's there are tools for we're developing right now
developing some more powerful tools for community to vote so we can decide on things like crypto
economics incentive to you know hardware node operators and incentive to the good data being
stored on that the second part is getting machines to talk to each other blockchain is perfect for
um it's perfect for getting rid of any wrong uh doing nodes in the network or vicious nodes
in the in the in the network it automatically automatically corrects so if any any nodes trying
to cheat the system trying to override other people's transactions it has its way to deal
with that so without having march engineering effort without establishing a centralized
authority to do policing the network certainly excludes the the bad players in the in the system
through through cryptographic means through consensus mechanism but also being able to verify
everyone's work publicly the the last part is is about data fault plane is actually one of the
largest um uh zk snark uh circuit runner uh or maintainer of the network on our on our network
there's uh there are quite a lot of uh zk snark circuit being produced the reason being that we're
trying to use this we're we're we're the project that uses uh zero knowledge proof to prove that
your file is still stored with the uh stored providers um every once in a while um every 30
minutes the store provider provider has to take a snippet of their file which is uh which is uh
linked to the original file itself and prove that they still store that in the data center securely
in the sealed sector so because of that file point uses zk snark to do that and is a very different
way from traditional cloud providers or it providers which does bit to bit comparison of
the store clients file and the file that's being stored within the data center um the the great
thing about this is it's really quick to prove that your file is there uh and publicly so people can
without knowing the background often no operator it could be a really professional it company or
it could be someone running an enterprise servers from their garage you can trust the network and
you can trust the blockchain technology that your file is still securely stored there we call this
proofing mechanism proof of space time which is something between proof of storage and proof of
stake so it's based on proof of stake but it also has some aspects from proof of work and it's
related to storage technology so so with this like um you can ensure that group of people i
think people is most important in the blockchain project a lot of people focus on technology but
i think the people that deep in project have started are special kind of people that is
really interested in building bare metal infrastructure for web series and these people
will never go away it might move between projects but they're all in the mission of decentralizing
the whole internet physically um the second thing is getting the machines to agree with each
other because the code that runs in the machine actually implements all the rules that the
community believes in uh so getting them to agree with each other and more importantly deal with uh
deal with file players in the network is very important and then lastly because our project
deals with storage and retrieval of storage and computation future computation on top of it
because uh you know some of the projects are are are seeing the value of uh of data thanks to the
thanks to the rise of ai projects um the data becomes very important so filepoint has uh has
used blockchain technology and primitives cryptographic primitives to ensure that your
data never changes um on blockchain all right thank you for that um i think for the next question i
it is something that i'm more super interested about so i would like to know and also this is
for the benefit so far users and our listeners what are some of the really um common or you know
like unique practical scenarios or real world use cases that you can share with us maybe you
can start with jesse this time what are some really interesting real world use cases in your project or
maybe someone you know in the industry what are some really interesting use cases that you have
heard in deepin can we have jesse first you know it's really interesting is like when we
doing our development and you know we because that's what started this project since 2019
we haven't launched our mainnet yet so we haven't launched our token yet but during the
during the development and there were there are so many you know the web two companies you know
have have a meeting with us and give a device ask us the device how to how to you know keep
their data security how can they protect the the user data privacy so actually for for with
with this uh all the questions and we build the solutions into our network is quite interesting
like uh let me make example and uh which is quite uh surprised us when they approach it
to fast you know from the usd government like uh the the tax office you know the is so when they
come to us the the first question is how they can uh keep the data safe is safe and how can they
maintain or help the the users data privacy and also how can government still can you know in the
in the candle for uh control but not like interfering they are you know the the data
from their citizens so actually it's quite interesting the discussion we had several meetings
so from that part you know we always think okay decentralized storage is like totally opposite
against the government or really a totally like a different torch to the your business
and which these examples really open the door to fast like okay so actually government also
looking for the solutions for the storage or data storage and they needed a better solution from the
centralizers the centralizers a storage solution and which they wanted another solution for better
service so so we give them a lot of sort and one is like uh like we can see in the SES network
we have the decentralized optical storage service and which is really perfectly for this kind of
you know the the the requirement and you have the you know the in this uh the in this service
and that the enterprise the the enterprise or government or any companies they can still
have the you know the the decentralized manner and the keep the and also provide protect the
user privacy user data privacy but the users who own the data they can have the authorization
or the permission to someone use the data so they can give the permission to the someone
they trust with maybe something like a tax office or your your your your your bank or your
like the the medical system so they can use your data because you already authorized in the you
know the smart contract and certain certain you know certain users but the some of them if they
needed to require data they have asked the permission if you you give them the authorization
they use your data if you allow them to use data so you can ask the pay you can you can ask the
you know the value when they use the data they have the payer for the data so that that in our
system is already built in we're already finished that you know the the development in our test net
is already you know the all the other applications so all the you know the users enterprise we can
use our this service so this is like a massive storage system so for me is like and also we
we had several you know the the the applications like carbon credit this you know the the the
project so from us there or from china they come to us ask how they can verify verify that the data
where it comes from the resource the the the where the source from so actually we also
build this kind of requirement into our system so all our stats window our all the development
we really like to build a lot of requirement from our potential users potentially you know the
partnership so that that's what we are doing that's like quite interesting for us so for with this
kind of requirements so we are fully focused on the decentralization for build the network
and also we build the data disaster recovery mechanism and make sure all the data
can even our like a hardware because of natural disaster did some of data leave the network but
we still can recover them later in the you know the quickster miner so then so so then the users
or the data owners will never lose the data so we are guaranteed the data will be safe in our
network so this is a really like with the help of the sets to understand we're doing the talking to
the you know users or the potential partners is really help the stats understand more what people
need what what what the network we are really building for the future internet so that that's
what i think is a quite interesting during our development thank you
hello am i am i leaving the net okay hi sorry sorry my mic must have been muted thank you
jesse okay thank you i've been talking to myself with the mic muted sorry about that
am i am i answer the question i just like to give the like uh the some some some like uh
interested you know the the things happening in the development right yeah that's cool too yeah
that's cool too so you're good don't worry we get to see a different perspective to it
yeah so yeah thank you jesse so next i'd like to have um narsi or unai um whichever
maybe you guys can share with the listeners here that um about your projects and real world
use case or maybe if you have heard any sort of interesting use case in deepen maybe you can
share that with us as well ah yeah maybe i just use the stop power as an example yes no problem
yeah yeah so you can imagine that tomorrow is uh is forecasted to be cloudy that's leading to
a predicted decrease in solar power generation and expected maybe 10 percent power decrease
so the stop power through the real-time monitoring and forecasting system identify this gap between
the demand the electricity demand and supply in advance if the stop power can control the
airplanes and the batteries in the user's house yeah then uh we can dynamically dispatch energy
from the storage batteries or decrease the adjustable demand of the grid like maybe
adjust your the power the temperature of your water heater or the air conditioners yeah so
the users gave the gave the the users allow the stop power control their electricity resources
and then gets the token reward and the then the grid then the stop power can use the
energy resources to stable stabilize the electricity grid that's how stop power works
so so that's an example the users gets token reward and the grid become more efficient and
become stable yeah okay thank you nice nice no do you have anything to add to that
like any sort of interesting use case that you have come by uh yes sure in the current market i
think there are tons of DPN projects and uh it focus on various sectors uh and a stop power is
focus on the uh energy uh network and there are also several mainstream DPN sectors like the
distributed storage platforms uh the data sharing and treating also the distributed computing
networks uh and uh something like iot data platforms and the uh decentralized application
uh development and so on so i think DPN is diving into some pretty exciting views
uh from keeping the data safe and sound to making our energy greener and our computer
computing uh more powerful uh so it's like overall keeping since decentralized and uh
uh like uh and safer so um uh and i think it's quite simple it's all about adding some social
features or you could see gaming features to hardware connecting these pieces of hardware
together uh i know we can build a global network of nodes uh i believe this represent a whole new
process of globalization uh it's like in our community it combines uh peoples from the different
part of the world like Russian, American, European, Japan, and Korean and so on and also Chinese
definitely so i think uh another interesting is that it's really break the uh the the i think it
is like the bundle of the uh people and like make people uh can easily connect based on a
simple hardware and it's really cool uh and apart from step power and there are also uh
several projects i have uh noticed that it's like uh grass and it's something involves
mining through connecting to wi-fi and also power pop is like uh mining with the uh
the the the the power hub something like that so uh i think it's really cool that you can break
your imagination and uh to uh combine anything manning to the hardware yeah so thank you that's
all thank you yeah thank you and i for sharing that example of a use case well that's but not
least let's have change so i do understand that um farcoin incentivize um storage operators by
rewarding them with coins storage miners sorry um do you want to add on to how um
farcoin um is becoming a real world use case or do you want to share like maybe other interesting
points when it comes to real world applications in deepin with us yeah so briefly about farcoin so
the the reason why farcoin focuses on storage is when you look at data center businesses around
the world um and if you talk to any kind of cloud storage sales people if you ask them what
they're really selling is actually storage devices storage space that they're selling hard drive
spaces the reason being that hard drive is still a very very expensive hardware to accumulate um
that's why that's why deepin projects are really uh really a good fit or crypto incentives is a
really good fit for building infrastructure like this for any kind of capital intensive hardware
or physical infrastructure building uh if you move uh like the incentive to building the network you
can really uh get that get there really fast for example farcoin was able to achieve um i think at
peak we had about 18 exabyte of storage that's 18 million terabytes of hard drive being contributed
to farcoin network uh that is huge but it only took about uh one and a half years for for that
to happen try any kind of traditional business it will take you years to achieve that and not even
and it requires a lot more capital than farcoin farcoin's icu was 280 million dollars in 2018
and with 280 million dollars uh we're able to secure a network of almost two billion size
so that's pretty powerful and for the cdm project we also replicated that record so over
over eight months we were able to secure 2 000 nodes around the world they might not be
all physical nodes some of them might run from the cloud but still the point of presence that
we're able to achieve with the cdn network seven network was incredible and the retrieval speed
reduced from uh above few seconds like sometimes four seconds to now some places sub 80 milliseconds
for a good cdn you need about 80 to 100 milliseconds in some places you can even achieve 30 milliseconds
of retrieval and time to first byte metrics but i've been farcoin for a while so i think
talking about all kinds is quite normal um but what i'm uh what i'm really interested in some
like when i said you can combine any kind of physical or electronics uh with uh with blockchain
and build a new uh ground build a new dp product uh from the ground up like star power star power
uh i took a brief look just then i'm a i'm a ex electronics engineering graduate so i understand
it quite well and also learn power systems as well so it measures it's a physical node that
measures the power consumption at the household and rewards people for sharing those data
so that's a great concept i also have seen some good concepts like uh like the weather exam which
is some project that protocol labs the mother company of ballpoint you may say that uh that
invested in um that that encourage people to share weather data so you can buy a little device that's
the weather station and put it on top of your house and share your data uh to work with celium
or or some other networks that you have um yeah one of the funny thing is well i had some friends
who started iot platform so i tried to build an iot platform a while ago and the top use cases
the most user they got are trying to run weather stations in their home and share their data for
very simple usage i recently i recently just built my house in in in australia and um i'm eager
to put some stuff that is related to why web 3 uh or or sharing of data on my house so i'm looking
at uh getting one of the weather xm weather xm module there the other thing is um i think um
i think like physical infrastructure is is very interesting um the iot x recently approached us
typical fall point storage providers on their um on their deeping scanner um so they're trying
to collect uh all of the i think it's called deeping explorer um there are it's called deeping
scanners they're trying to collect all the physical locations of different deeping uh devices around
the world um and then allow people to to do it over there their vision iot exhibition is they're
trying to prove that machine machine's address can be unique so they are using uh blockchain and
crypto uh crypto graphic tools to prove that a machine is is actually uh this machine is what
you said it it is so they're trying to tie physical uh physical devices identity um blockchain
so yeah you really can can connect anything together and make a deeping project but my
point is whatever you do um deeping project typically is incentive for early joiners and
it's only the project it's the only project that when you join the earlier you join the more reward
you get so for users um getting there fast is is a good way to do get more reward this goes for
PowerPoint start providing as well the early joiner got a lot of rewards out of it um and later ones
definitely get less um but the project needs to be careful of uh generating actual um transactions
and usage and and start a business model very quickly because if you can't keep up um then
you run the risk of running out of funds and running out of momentums and before you know
if people might lead uh leave the project and shut down and uh and know people you can you can
really sell your services to to the clients and generate real balance thank you thank you for
sharing that um that is very interesting so what i've heard from a lot of guests here so it really
depends on how you want to apply um the deeping aspect into your project so anything anything can
be done as long as uh as long as the concept applies so i'm pretty excited to see um how
other new joiners newcomers or other projects or other people developers that are coming into this
space i'm pretty excited and hyped up to see like what will they come up with it's quite
interesting so i'm afraid we are quite running out of time so maybe you all have our guests
share a last few things and also if you have anything to plug in it's a great time to plug
in now so let's start with jesse first from ses
hello and uh yeah i think uh we almost covered a lot of things i think uh but the first for me i
think uh the deeping project is like a deeping network is like more challenging than any other
network is because this like more more complicated and also it's user adoption it's like really it's
very easy to prove your network is can workable or not workable it's because really people use
the network for their own functionality it's really like a right way you can so it's more
difficult for the project to to build the network really like efficiency and you know functionality
and the second is like uh we need to provide the network to be more secure security and
stability because we like ses like we are the you know for data solution everything in the ses
network is the all data assets so we need to protect how can we use our technology or our
ecosystem functionality or you know engineering or the coding or the you know algorithm to protect
this data so like data assets is safe safety and also the user data privacy this is always like
we'll focus on this too more important but also because ses is the you know the enterprise level
network so we have to guarantee that our our massive adoptions who use our ses network
can be give the best service to their to see users so that's that's really like always
past four years where we are working working on that so for me it's like i hope everyone can
pay a lot of attention or support the ping project and help all the ping project build
the you know very uh healthy network to provide uh good infrastructure for web sleep thank you
thank you Jesse all right let's have unai so we're wrapping up soon so if there are any last few
things about deepin that you want to share with our listeners or if you haven't been to plug in
now is a really good time to do that uh yes sure i really hope that uh for more people to pay
attention to deepin uh from uh several regions uh i think for the first one is tax profit with
ei esg goals uh and breathing new life into and use the devices and showing case reward
doubt applications so i think it's not just about tech innovation it's more about uh moving towards
a sustainable and inclusive and a community uh governed future so i think future focusing
on the deepin it's about increasing on future real technology not only advances but that's
so in a way that's sustainable uh undergone by the
community itself so i think it is already a good scenario for the web 3 and the AI
uh combination uh areas that's all thank you thank you thank you unai all right uh let's have
darcy next anything that you want to add before we end and yeah or anything you plug in now is good
yeah before the end i will stress stress the another important feature of the deepin
the threshold you know uh think about the helium mobile so if you want your helium mobile network
and it should be powered by the network right so it's there is a threshold so for star power
we also face the problem we we have a threshold if we want to participate in the virtual power
plant operation however it's it's it's also the value of the deepin because there is a threshold
if we have if we if we reach the threshold first we will we will get the we will win the
off yes the first come the first the first get so yeah so that's another important feature of the
deepin all right yeah that's that's that's i will share today yeah thank you darcy
all right janks we're about to wrap up so if there's anything you want to plug in
or any last few things you want to share with our listeners you can do that now so um so one of the
things that uh fault point did very well is to start the storage infrastructure very quickly
um we're now moving to uh different areas of of uh of cloud uh kind of businesses traditional
businesses retrieval storage and and many other things i think there is a bright future for
deepin um wherever is looking into this area um do look into the reports of different projects
and decide on um you know which project um you think is uh it's most promising the second thing
is that there's a lot of um there's a lot of people looking to start deepin projects or turning
their project into a deepin project as well so i myself have met uh like a two three projects
since my last trip uh last last event um my advice to the founders there is web3 allows
uh permissionless entry permission and trustless participation of the network it's really quick to
build up network however you need to think about uh what to do next very quickly uh you need to
have your road map unfold very quickly um otherwise you lose momentum uh also if you
combine your technology with ai essentially what we see is a is a hyper growth network
with the decision uh making automated uh be careful what you set off there because it's
really powerful tool to to start a physical network and finally it is still very humbling
experience to be invited by uh to speak here and also with all the other co-founders here
um out there creating new values um via deepin projects so uh thank you very much for the
opportunity thank you janks all right so thank you everyone for listening to our space today
and of course thank you janks thank you darcy thank you unai thank you jesty and also thank
you leon for uh co-hosting with me today and i'm super excited to see what will happen in the
deepin space and everyone remember to continue learning more and continue building in the space
everybody is just super psyched to see and anticipate what is going to happen
moving forward so thank you for um um gracing us in our space that's for our speakers and thank
you for sharing all these interesting examples and clarifying what's the difference between deepin
and rwa and sharing what are the goals and functions of your projects we have learned
a lot today so last but not least i'd like to remind our listeners that there's an airdrop for
this ama do check out the details and our announcements on how to join and lastly this
is a disclaimer this ama is for informational purposes only and should not be considered as
any sort of financial advice so the speaker's views and the host views are merely personal opinions
and their own so always conduct your own research uior and consult a financial professional before
making any sort of investment decisions cryptocurrency markets can be super volatile
and past performance is not indicative of future results invest responsibly thank you everyone thank
you janks once again thank you jessie once again thank you darcy thank you unai and thank you leon
um everybody have a good rest of your day bye everyone thank you thank you bye everyone thank
you bye bye