Actually, no, two minutes, it's two minutes past, I guess, not exactly bang on time, but
So happy four years anniversary.
We're here. I'll pop that in the chat.
And technically, the spaces have been going just over 2 and 1
We started at the NFT 1 launch.
Here, cheers, space alert, cheers, spaces.
Tweet this bad boy out as well. If anyone wants to come up, as always, everyone welcome.
So yeah, it was, I guess, yesterday, the 21st, the 20th was the anniversary of Chia, the
main net launch. Should we put today?
Forum. Okay, that's posted.
So yeah, four years since the main network.
It's probably the only blockchain that's ever only gone down in price but oh well can't win
them all but uh there's lots going on this week though lots of talk of different things
lots of chat lots of discord uh back and forth we've got the Chia Plot Discord we've
got the MMX Discord we've got the Chia Official Discord quite Quite a lot of chats back and forth.
But I think Chia did a stream.
I didn't watch all of it.
But it was dropped, I guess, in the nighttime for me.
They had, I guess, a one-hour, kind of like a four-year mainnet summary kind of thing.
It was good to see Steve Step on there. Monkey Zoo was doing a little Q&A with Vish Naila.
Used to work on the Higgs boson project
before apparently Gene persuaded him to work at CNI.
Sounded a bit suspicious, if I'm being honest.
But given the benefit of the doubt.
I don't know how he gets 400 grand a year to seemingly do
nothing, but I couldn't even get 10 grand to host
Chase Spaces full time after two world records, by the way.
I'm going to keep talking anyway.
So yeah, open forums if anyone wants to chat today or if you're listening on playback chat in the future drop in on
Here space lineage first space of
Weekly of the weekly format the
mini history of Chia spaces.
I think it was maybe Clyde Wallace,
Leafy K, Monkey Zoo, maybe Dylan Rose.
They did spaces first, probably first half of 22.
And then when the NFT One was announced,
I said we need a 168 hour space.
Clyde Wallace did a lot of that work.
So did Josh. He hosted a lot the first year.
2022 set the world record, longest conversation.
And then the year later, 23, I guess me and Bradley probably did a lot of the hosting in that world record.
Second world record, 207 hours.
Could I get funding to host spaces full time? That world record, second world record, 207 hours.
Could I get funding to host Spaces full time?
No, Jean never even replied.
My girlfriend at the time was in a refugee camp in Poland,
and I needed money to get her out.
If in doubt, email chia at chia.net.
But we've been going ever since.
So there's been, oh, we've got a request coming in.
We've got, it's Mr. Jake Schmidt, always a pleasure.
But we've been hosting since August, 2022,
And look, welcome to the stage, Jake Schmidt.
Welcome to the stage, Jake Schmidt. Welcome. Always good to hear you.
Welcome, always good to hear you.
How are you doing, Jake? Happy four year.
Not that we've been together four years, not even one day,
but a four year anniversary of Chia is here.
Yeah, it's definitely exciting.
There's four more, right more and many more beyond that
Just keep building blocks for a long time to come. Hopefully full of
Securities related transactions hopefully and more
Absolutely, I believe there was a space in the week, or it may have been the week before, I perhaps
listened to it late, XCH Foundation.
I think you talked in that space, I thought you made a lot of sense what you said in it.
I need to listen to some of the things that the XCH Foundation put out.
after I laid out my comments. I try to be involved, open my mouth and talk. I'm just operating a farm,
but there's part of me that wishes sometimes put down my day job and maybe I could jump in.
How could I jump in more into the Chia ecosystem and into the community?
could I jump in more into the Chia ecosystem and into the community?
Um, still thinking through that, still figuring that out.
Welcome to the stage art with heart for your anniversary, Bradley.
Can you believe that of the Chia's main net launch?
It seems like a blink of an eye.
I wasn't here for main net launch, but I was here a few short months later. the Yeah, by the way, I think I set this space up on my phone stupidly, but I have to accept
So if anyone is wondering why they had to request rather than join directly, it's because
I'll make sure I'll do that.
I forgot that you can't join directly if you set it up there.
All good. How are you, Edward?
Following the goings on of Chia, I'm
I'm going to go and get my coffee,
and I'll let you Chat for a minute
So yeah exciting four years crazy
Then so many freaking memories so many stories so many interviews
I was talking to drac the other day about you know our West Coos mall
Interview because we were doing BBS systems for Mark and Ava in the morning and you know our West Coos Mall interview because we were doing bbs systems for mark and ava in the morning, um
and you know, uh lonely rocks with benton brain bridge and you know, um
Uh the mooch and like all these great people we've had on throughout the years
I never thought i'd have the opportunity to be able to you know talk to some of these individuals but it's been our Thursday
night dedications Edward. Every Thursday going on what three years now almost
it's been three years now it'll be I guess four years inside of
inside of October August I think something like that we started it
cheese in the room nice to see you buddy hope you're doing well for happy
four-year anniversary of mainnet the best space and time around just gonna go Just going to go out and send some people an invite to the space.
Feel free to do the same.
The comments section isn't working for me, but the share button with the copy link does
So feel free to use that.
I don't suppose you caught your father, of course, Joe Wallace.
He was jumped up on the Judith Ferry Baker space the other day talking about.
He went up and he said, Hey Judith, you know, blah, blah, blah, et cetera.
But yeah, the first time I met you was on the Chia Thursday space with my son Bradley
and Edward Chia Music, whatever.
It's like, that's how it's done.
Jump up on stage and say, there they are, promotion.
And he did a great representation of himself
And asked Judith, I think he squeezed four questions in.
Yeah, she's wonderful. He's great.
I was talking to him earlier today.
He was helping me out with some paperwork stuff.
Yeah, that was a great conversation.
I remember me and her had a private phone call
the next day too, for like two or three hours
while I was rebuilding a wall.
And she was just going up and down
all these different subjects.
I'd love to set up a meeting and talk with her
about what I've been working on
and discovering the last few weeks.
It's under an invite for today, so see if she drops in. the the
the the the that's how I know she's for real. If she says Lee Oswald, not Lee Harvey Oswald. Yeah, yeah.
Yeah, I think that's an astute observation.
Speak of the devil. There's my dad in the room. Speak of the devil. the after as well, I think.
It's good to see you on space more.
I got a question for you gentlemen. Yeah, I'm something that occurred to me. I had my
hard drive dealer reaching out to me about
some SAS hard drives for sale and at the price right now doesn't make sense of onboard more drives
at all. Um, but it's got me thinking and I don't, I don't have a real good answer for this, but how large, how much net space do we need on the blockchain to keep the
blockchain running stable?
Do we have any idea of that?
Do you gentlemen have any idea of that?
the You can go to Dashboard.Chia.com and see that. I know where it is right now. I guess what I'm getting at is when we onboard, when Primito comes online, we're trading these
I know we want a lot of nodes.
Node count looks great for Nakamoto Consensus, but how many total exabytes do we need to
Is there a sweet spot where we want to be?
Or is it as much as you can get? I mean, at some point there's diminishing returns, I assume, as far as how
How many of them are linked to one address or one farm? So say you had 100 x-wise, but
99 were controlled by me, let's say. That would be worse than having 50 that was, I don't know, 100,000
different addresses, I guess.
So it's just a balancing act.
I'm sorry to jump back in, but then again, maybe I could own all those 100,000 addresses.
So maybe you wouldn't know. But they always seemed like 20 was like way more than was
needed. So I don't know, maybe as low as one, it could still run, I guess.
I mean, yeah, I guess those are two very separate points. The network will be stronger, yes, from more space. Space but yes edwards correct that the more, you know you have personally
The less decentralized in a sense that the plots get
So, I mean I say the more you have the better
But I don't really think there's probably a point as of now in the net space where it would be
I guess I answer my own question as I'm sitting here thinking it's to protect.
A lot of it's to protect against a 51% attack.
You don't want someone to be able to onboard a whole lot of space
and then take over the chain.
So you want the chain to be growing as the, whatever the global
availability of empty space.
As drives get larger, you want to be incentivized to bring on more space, there's more capacity in inside the world. I think that's the answer.
Yeah, I would agree with you personally. Yeah, I think it's all what you want out of the chain.
There's some reason I was thinking as we, as we fill up blocks, do we need more
space and I don't think we do.
I think we can process, we have nodes, the nodes will contain the history of
blocks, we just need to be able to process and create those blocks.
It's not a problem having more or less blocks other than a 51% attack, I think.
Yeah, I think once we're block full, then we can start talking about expansion in a
sense and start to see the traffic for what it is and see what the farmers can handle
And I think that's going to be a moving target as we see more
traditional capital being put into the system.
Welcome everybody to the room.
Feel free to join the mic. the the the Tomato in the garage, please. Yeah, I'll meet you in the garage. It's a good question though, exactly how much, how many plots are needed to secure it.
I guess it depends on how much it's worth as well.
Because if it's not worth as much,
it's not worth attacking it and trying to exploit it
if there's a low amount of space on it.
Then again, if it goes up a lot and it goes up in value a lot,
there's more incentive to attack it,
even though it's got a lot more hard drive link to it.
So I don't know. I'm not sure. I suppose it depends
what the biggest threat vector is for the chain and what that means when the dollar
value is a certain amount.
Yeah, all security related. How about another questionnaire to stir up some conversation.
Anyone have any thoughts on the looming United States?
I mean, I assume we've got people here aren't from the United States like myself,
but Trump, United States reciprocal tariffs, potential trade wars.
tariffs, potential trade wars, that bullish for blockchain technology or is that bearish
for blockchain technology and just for Chia in general?
I would say making any educated guess would be highly speculative, but traditionally, the and TradFi, they're probably pulling money out of crypto to cover their liquidity loss.
I guess I wasn't even looking at so much from a price. I mean, I definitely care about price, but is there potential that because of tariffs,
entities are more eager to adopt blockchain related technologies to reduce their
costs in the face of tariffs perhaps
sure but I wouldn't think that trait that Chia itself would be like a first
go-to for those kind of people who are looking to do that? I would think there's more,
less KYC darker currencies out there
that people would be probably trading in.
Yeah, no, fair enough. the the
the the as in the both are bad. What is a tariff exactly?
I don't even know what it is.
You hear about them all the time.
Oh, it's a tax on imports,
So countries generally like to have a,
I like to be even in trade.
They don't want there to be a deficit.
One company, one country is selling more things than the other country buys.
So, I don't know, if the United States sells one trillion dollars worth of goods to another country, they don't want to be buying two trillion dollars from that country.
They want there to be a balance of trade. Generally speaking, I believe is the idea.
And so it's economic racism.
You can, you can incentivize or disincentivize trade through tariffs.
So in the United States, what's happening, they're looking at steel manufacturing and they're saying, we don't have steel mills to make our own steel, S-T-E-E-L, inside of the United States.
And so we will tariff the import of steel. In other words, we will tax it. And then it becomes
more attractive for an American company to start a steel mill and make steel
inside of the United States because they don't have to worry about competition from other countries
or they don't have to worry as much because those other countries are being tariffed
and they're being taxed when it comes in. Does that make sense?
And I look at that as a lot of the reason that the crypto market, there's so much uncertainty
in the macro environment.
A lot of it's Trump- related tariffs and shaking things up globally.
So wondering, it's been very bearish on price in the market right now, but there's some
things that are happening that will end up being bullish.
I mean, unleashing changes in the SEC, being open to innovation. We've got great comments from CNI as far as hearing
from Jean Thomas Trent, how productive the meetings have been. So that's fantastic to see
that type of thing happening. So at what point do we cross over to, you know, all this uncertainty
potentially benefits CNI because there's going to be new winners
and losers, you know, in the market, in the marketplace.
And I'm hoping that, you know, CNI blockchain is a major winner.
In the long game, I have no doubts that they will be a winner.
In the short game, that's what I'm not sure.
Not on them, just on the markets, just about time, just about regulations, movement. the the would always see it. It's even more visible than a t-shirt because you can't be outside all the time. Very smart.
Came up with it right here. Now I've just got to push. Flag merch.
the people have been chatting about it in the discords. We know everything, not
everything, we know a lot, we know salaries, things like that, income, money spent on
marketing. I'm still saying $10,000 Edward Luce offered Toast Bases full-time
before he talked about conspiracies by the way, so that's not an excuse, was
rejected without even being referred to.
Yeah, millions spent in marketing, bit weird, but then again, that's a different matter.
And yeah, it is the four-year anniversary as of, I guess, yesterday in Thailand or today in America, I think.
So yeah, anyone wants to come up and chat? Please do.
Joe, if you want to jump up, I invited you along,
so please send a request.
There's rumors Michael Taylor's working
on some data layer updates.
What dig updates we should see.
So, Edward, what's going on with World Park? Well, coming soon.
Whenever I've got something ready to share or announce,
But I want it to be close to ready and ready to launch
before I even start promoting it.
But yeah, still working on it
alongside some other stuff
I'm sounding a bit evasive, but when you're trying to launch Bitcoin to
Secretly, you should be careful what you say when you're like working life. So
But uh, I tweeted out a big fucking tweet this week. Ladies and gentlemen, if you want a big bit of alpha
Um an m m f of a tweet. I tagged
Four four key people in the world in it
I'm gonna say who they are. I'm going to say so I tweeted
something along the lines of fucking stop the World War Three, save the world, all this
sort of stuff. And I take four people, Gene Hoffman, Anthony Scaramucci, Bram Cohen, and
Jenna Cohen. That's Bram's sort of ex-wife friend. They're still friends. I'm not going and the like myself would be stepped to the side and they would basically do it. But this is, I mean, that's what I would chewed into
as a fan, like a weekly vitalic gene space.
People, let these founders put their money
where their mouth is and actually defend the change
and speak about the tech.
I mean, they're the best advocates for their chains.
And I'm not to say that there's use cases for other blockchains, you know, you know,
I don't know if you're playing World of Warcraft or some game in your trading a digital
item, you know, she is not the blockchain for you right now, at least from the L one side.
So there's room for other block chains out there.
And some of those will, you know, they'll gain market share and they may, uh, they
may hold it if one can come out and, you know, be the go-to place for, you know,
gaming, digital gaming items or something like that, um, that could totally corner the market there.
So let the people come out and defend their ideas.
That would be fantastic to hear these founders and sort of thought leaders
Gene would do very well, I imagine.
Just as a communicator in general, though, very well,
plus the technology, of course.
Oh, yeah, Gene is a great speaker. I mean, it'd be an interesting face off because Gene's a better speaker than Vitalik,
but Vitalik's obviously higher in the charts.
So it could be an interesting tussle back and forth.
Yeah, in some ways you can say that, you know, Gene's a better speaker. the We'll see if it happens. I don't know. I'm not sure. I'm going to guess it won't happen. But
if it does, it will be big, big, big. Yeah, I agree. It won't happen. I mean,
TNI, Gene's got everything to gain and Vitalik's got everything to lose at this point. So
that conference they had in Bangkok and Vitalik did a keynote speech and the
person who interviewed him I think his name was Sebastian or something I've got
the videos online but anyway the premise of it is was Ethereum can't do
cypherpunk maybe and if that's the case we need to do it on another chain that
is what the tone of it was.
So when you said like Vitalik's got a lot to lose about
with Ethereum and, you know, if promoting another chain,
yeah, I would have said the same thing until
it sounded like he was saying that
even if Ethereum doesn't work,
we need to do it somewhere else,
because the goal is cypherpunkism
more than it is for one chain to win.
So either he was lying then
or he's in some ways controlled and not allowed to speak because, you know, it's like if someone
says they're a Toronto Maple Leafs fan and then there's a chance for the Toronto Maple Leafs to
win something and all you have to do is, I don't know, boil the kettle and for some reason you to be a very good battle though. I mean honestly like like a conversational wise I think Gene
was just would just smoke him. I think it would be a more interesting debate in a sense
to have Bram and Vitalik go against each other because they're both in like the same mentality like super nerd Autistic in a sense like you know like not really well
Gene is such a good speaker like that even somebody with incredible intelligence
I would agree with that. Yeah, maybe Cardano
Charles would be better matchup with gene the the the Brack epic rap battles in history or of history or whatever it is. That was another good one.
It sounds like a lot of the chains.
I got a friend that I pulled into the Chia community and he's just an
investor and creeping on Discord and Twitter now, or rather X.
I talked about some recording or communication that I saw from Thomas about, you
know, a lot of these other chains, the attorneys, the lawyers, they understand
that they're not decentralized.
So it's like the chains realize they're living a lie a little bit. They're drafted on this
nice buzzword, even though they don't fulfill the word decentralized.
So the question, what does it actually mean? I don't think I've ever looked at the definition. the was offering to the SEC to say, Hey, we need to, we would like to help you define
what a decentralized blockchain actually looks like and what are they not?
Uh, and those meeting minutes or, I don't know, pre-meeting minutes document that
was put out for the crypto task force.
So there are a couple, uh, doctors on there that they were referring the task force to, to work with,
to understand what actually decentralization means.
But at its heart, one person can't, one entity cannot, you know, roll back a transaction or control the chain, I think.
And the chain is secured globally, multi-country, I assume is another thing.
So no one person, no one company, no one country and impact the chain.
but I'm sure they have a much better definition than that
yeah that's the crux of it I think is the fact that it's on other people's computers
regular people spread around the world
the more of that the better
I don't know though the pre-farm is inherently centralized though the more of that the better Get rid of the pre-farm then. I mean, 400 grand salary a year.
I worked on Chia for free for three years, motherfuckers.
I put my life savings into this and lived off my life savings.
And you guys get 400 grand a year, you boat riding greedy
That's what I honestly think.
So if you really believe in it, get rid of the pre-farm
and put some of your money into it.
Because we've got projects that are ready to be built,
community projects that only need small amounts of money.
So put your money into it
and get rid of the centralized pre-farm.
But the pre-farm is so centralized.
And as Gerald Neal says, it's grotesque. it's not just big, it's like grotesque, so
I feel there's a disconnect there, that is not decentralized but
but then again they say they need it to build the chain, to make it decentralized, so I do see that argument but
I don't feel they've put enough money into the actual community
we'd never ask for millions, tens of thousands, maybe, but, uh, yeah.
You've been around longer than me.
You know how long you've been asking for funding and whatnot.
I'll defend the pre-farm.
I guess it's, it's been very clear that they survived last, they survived the FTX debacle.
And it was the ability to be able to sell the pre-farm and keep chugging along.
The FTX fiasco, which led to the credit Swiss fall, all of that could have been a
nail in the coffin of CNA.
And I think that would be overall bad for the blockchain.
I mean, C&I is the one who's leading with Bermuda and leading out right now.
We want them to be able to do that.
So the pre-farm has been fortuitous and definitely very valuable.
It will be interesting to see what they do with it going forward in the future.
just invest some community though. We've got projects that need funding.
Why don't Jean is building permutow? It's like wall street bullshit crap.
No one wants it. So let's call the spade a spade.
They're not putting money into the community.
What blockchain has ever launched with zero funding for the organic community? the Welcome everyone. If anyone wants to come up, Chia is four years old. Oh, hey, Dustin.
Good to see you. I love your space. A couple of days ago. Brilliant topics. Yeah. What
do you think, Bradley? You're always a fair balance. Is the pre-farm, should that be invested in Osmo or is it just for the blockchain?
I think it's both, but I think there's a proper time for it.
I don't know if that time has passed or if it hasn't come yet because I'm not internally involved.
But I believe that definitely there should be a portion used for community funds.
Do I believe that they're allowed to use them yet for that?
I don't know if they're through a clear window with both IPO and SEC in order to have that allowed and I also agree with what
Jake said where you know with their current setup and in the last year and
a half with like let-goes and things like that and staffing that yeah they
they were put in a very precarious situation between you know Silicon the the the Archivist in London is lying and saying that they're guilty. I've smelt the rat and I'm gonna keep talking.
So if anyone is listening from the NSA,
I'm just saying this, call up the Rothschilds.
He's been ready for a week now.
The Rothschilds control Chia.
They control the pre-farm
that's fascinating opinion
but first I wanted to ask Edward
where do you, if you don't mind me asking
what country and what state, province, region
I'm about to be assassinating
I'm in Bangkok there's a helicopter going over my room the the I'm assuming ex-girlfriend, I assume Ukrainian. She was Ukrainian, yeah.
She went, she escaped and went to Poland.
And then I had to fly her out, but basically I didn't have the funds, but...
She was basically a model from Ukraine, and I was going to bring her here to promote Chia full-time, and she ended up in Poland in the refugee camp.
That's what I messaged Jeannie never replied.
So I kept quiet until this day.
It's not his responsibility to be fair, but if we're talking about having a
massive pre-farm and community members have worked before I mentioned the
conspiracy theory, by the way, this was, I could see why he wouldn't want to
fund me now, fucking hell I wouldn't. the better for me. Oh man, really happy for you. That is awesome.
From what I know of Thailand, very, very, very cheap to live in Thailand, right?
You could probably show some facts as far as what it costs for a meal, what it costs for rent, what it costs for XYZ.
You want to share some stuff real quick to showcase how low price it is? It's not my own personal pool. It's like a shared thing, but it's about 11 meters. It's not the biggest, but it's like I'm paying $300 to $350
I've got two rooms, two bathrooms,
air conditioning, all that.
Yeah, so I'm paying like $350 a month with all the bills.
Taxi home is about $2 from anywhere in the city,
air conditioned. Food is amazingly cheap, but some of it's smeared in vegetable oil, which is petrol,
so you pay for that long term.
But yeah, it's very cheap to live there.
When you're from England, you don't get any sun, and suddenly you're in the sun every day.
I couldn't imagine living somewhere else.
Yeah, yeah, beautiful. sun and suddenly you're in the sun every day. I couldn't imagine living somewhere else.
Yeah, yeah, beautiful. Cost of living, but bottom line, cost of living dirt cheap.
I live in the Midwest and in the United States and cost of living in terms of the United States is pretty low where I'm at in Kansas. And I was looking at a contract job in Orange County,
California. And I couldn't believe what they were
offering and talking price-wise. At that point, I was thinking that I would just fly out there,
work a week, fly home back to Kansas, let the kids grow up in Kansas, like the area better,
knew it would be cheaper. I started running the numbers on me going from like 100K to making 250K in California.
And in no way I couldn't make the numbers work even if I only flew home once a month.
The price of just a one bedroom studio, the most dirt cheap thing I could to this medical company that was going to employ me,
I couldn't make the cost of living is just freaking ludicrous in California.
I think that all that Silicon Valley,
the people working on Silicon Valley,
high-end devs making money.
I really think they're just making that much money, but I don't think they're having, it just doesn't translate and doesn't compute to someone living in
Kansas, much less someone living in Bangkok.
So my slight defense of these salary numbers that I haven't seen, but I know
that the cost of living and
the tax situation is just nuts in California.
And which is where I think I believe a lot of these guys are.
In the era of remote work, I guess it'd be interesting seeing 10, 20 years,
unless the elite have their way, where everyone
will live around the world.
You can live in Tokyo, Bangkok, Missouri, you name it, world-class cities or states,
But it would be interesting to see what the best places will be.
What will be interesting to see is where do people actually want to live
and work and there's a tax structure to look like in the future United States.
So passport is nice and strong to travel with, but at the same time, like one of
only two countries where you, even if you earn the money in another country, you
still have to pay United States taxes.
things the United States has that aren't so popular, aren't so beneficial to the citizens.
And there's other weird things, but I got a laser printer in my home office.
It's a commodity. I bought the laser printer. I got it on my Amazon history for two, $300,
I bought the laser printer.
I got it on my Amazon history for $200, $300, this Brother laser printer.
The things are twice as much.
They were three times as much at the height of COVID, but still twice as much.
I want to get a color laser.
I feel like I can't justify it.
They're so expensive compared to what I bought the one that works perfectly fine, but it's
amazing to commodity. Just like GPUs, the home office thing, but to the point, laser printers, the home office,
yes, it will be more and more common. and if you can get good devs and they're motivated and self-motivated,
Like Mad Max is out somewhere in Asia as well.
And obviously, he's a motivated individual, delivers software,
delivers the Giga Horse platform and MMAX.
He can make it work in a remote location by himself.
Low overhead, always nice. Okay. Oh, the world we live in.
All right, I'll pivot something that's interesting to me since we're just chilling here.
I've been seeing these articles.
Maybe it was you, Edward or one of you guys linked somebody linked it on my ex feed.
And then I jumped into YouTube, watch more, but the great pyramid Giza, the structures
they're finding underneath.
I think Dusty had tagged me in it.
There is a lot of really cool things that are going to get discovered.
The recursive AI that I've built based on the Riemann hypothesis,
in the last month I've allowed it,
then gone through the other six millennium prizes.
Right now, why I'm being quiet is because I'm actually programming
the rest of the 1,240 math proofs of
the hardest mathematical formulations that are unsolved right now.
So I'm on V from A to Z right now, but I'm programming it all in
and finishing the rest of any and all math equations. But
with that I've been able to decode ancient languages,
dead languages, proving what Dan Carlin and