Hello everyone and welcome to the Customs Club. We should be right with you, we're just waiting for a few people and then we'll be right back. So stay tuned.
Hey guys, I hope you are surviving this environment in the crypto space. Things are going a bit out of hand. We will be right back with you with the cast network soon enough. We should
have a Lani joining in pretty soon. So just sit tight. So I think there might be some Twitter space issues here. It wouldn't be the first time at least. So yeah, just sit tight, stay tuned, we'll be right back.
Hello, Alani and welcome to the space. Are you able to speak? Yes, thank you for having me. Yes, loud and clear. Awesome. We made it. Yes, we did. Thankfully. That's more than what a lot of people can
saying cryptos these days. Good words, good words. Yeah, it's a bit too crazy for my taste if you ask me, but we're still standing. Yes, I mean, a little crazyness reminds you that you are sane, right?
Amen. Amen to that. So let's just dive right in. I'm sure people are piling in now that we are live. So welcome everyone to the Cosmos Club. We'll be tweaked all things Cosmos. We summarize that in a week.
newsletter and then we invite interesting, fascinating, hardworking builders of the Cosmos ecosystem to spaces like these. And today we got you Alani from a cast network. Welcome to the club. Thank you. Thank you for having me. I actually, I listened to some of your podcasts and your messaging. I
Thank you for what you do. It's nice to have voices within the Cosmos space that really take a 360 degree view on everything going on right and wrong or indifferent. Whether or not people agree with it, but you guys focus on the things that matter. So thank you for what you do and thank you for having me.
Thanks man, that means a lot coming from you guys. So for anyone who doesn't know, I'm sure most people do, but for anyone who doesn't know, let's just take it from the top perhaps. What is a cash network and why do people need to pay attention here, especially these
So, you know, our cost network is what we call the unstoppable cloud because this allows developers to launch applications such as DeFi apps, blogs, games, data, visualizations, anything. Block explorers, blockchain knows what have you.
on decentralized cloud infrastructure. So think of what Airbnb did for the hotel industry. Akash has done for cloud services, cloud compute specifically. So it's a distributed peer-to-peer marketplace for cloud compute.
Awesome. And maybe for anyone who hasn't hosted anything ever, maybe a bit of context on this whole space because a lot of people I think have the misconception that cloud is distributed, right?
it's a cloud, it's out there. But in reality, that's not exactly true. No, no, not at all. And that's a very interesting point you bring up. Because we have to first really
understand how we got here. I think it's important to think about how Web 1, Web 2, and Web 3 evolved. So considering between
In 1995, we had Web 1, which was based on decentralized and open protocols. It was mostly community governed and value accrued to the edges of the network, to users and builders. So, initial Yahoo, you had GOC,
cities, you had all this listservs and different, you know, the days where you put up your HTML page and you can host it. Anyway, if you know, know a thing or two about IP protocols and, you know, subnets and what have you. So around 2005, what we started to see was consolidation.
And that was the onset of Web 2. And it went for about 15, 20 years, 2005 to 2020, literally. And we started seeing consolidation where information became siloed and centralized services being run by
Operations and what happened was we saw the emergence of Facebook, you know WordPress, you know blogger LinkedIn Twitter Flicker delicia's Google, you know RSS bandit, you know YouTube high five and what happened was all the valley
moved away from the edges of the network. It accrued to a few players. So what I love to say is, at the time, Web2 socialized the cost and they privatized the gains.
Okay. So we see this emergence of central authorities that over time, as we know very well, fellow members of our species, we have a very, very good habit of bastardizing anything.
Okay, so we started to see that consolidation and that consolidation led to, you know, jeopardize our privacy where you sacrifice your privacy for convenience, right? We start to see the public private partnerships where entire governments will collude
with this centralized entities, to not only monitor sensor monetize, reoptimize, in some cases, just completely discombobulate information down to the mighting personnel level.
So now Web 3 emerges. Okay. And Web 3 combines the centralized community government ethos of Web 1 with the advanced modern functionality of Web 2. But in this case, we socialize the cost and we socialize the
because it's owned by the builders and users and is orchestrated with tokens. So now he's in the blockchain to enable decentralized hosting, consistent storage in a way that is completely decentralized.
So that all participants have a stake in the process. So we've moving away now from the premium model where you surrender your personnel data in order to use free services provided by tech giants like Google Microsoft or Amazon, right?
We also sacrifice public trust because Web 2.0 was controlled by big tech and behold into regulators and they're handing in with each other. And there is zero institutional accountability, which means the current web requires trust and institutions that you cannot hold accountable.
Yeah. Yeah, and it's a big narrative, right? I mean, regardless of what happens between the finance and FTX or whatever is going on in crypto right now, this is why we wake up every day and work hard. Like, for me at least, it's a very
simple choice we stand in front right now. We either build a future where a handful of companies generally situated in the US will just become more and more powerful, where they will become richer and richer and at some point own anything that has some level of value.
that is either that future or future where we decentralize, distribute computing networks and give back the power to the people really. That's the future, that's the two futures that we have and we are the ones deciding today. Correct.
That's fascinating because when we think generally about why Web 3 matters, consider this. 23 cents of every dollar spent on IT infrastructure goes to one of three entities. Amazon Google or Microsoft.
That's very scary. That's very scary. So now take that at scale. These, so just think about the cascading effect. Well, if you go to
Whether it's Amazon.com or Target or wherever you shop and the price of a commodity goes up. The price of cornflakes, for example, goes up 20 cents or a dollar.
It's generally not because someone arbitrarily raised the prices. Every time if your cloud infrastructure costs goes off a cent,
and your annual spend is $100 million. Okay? That cost is passed onto the, it rolls downhill. It's passed onto the consumer. So we all collectively pay for it.
So those are the fine points that we start to look at as we do when they socialize the cost and a few people privatize the gains. We are automatically in an early
Right? Now, from a Web 3 perspective, we then need to start to understand two simple concepts.
The cognitive load to use it has to be low and the value proposition obvious.
You can never scale anything.
That's difficult to use, and I use Google as an example.
The homepage Google had 30 years ago is the same homepage they have today. And we all know all the technology behind it, right, wrong, or indifferent. You can't scale what you can't simplify.
And the most simplistic something is the more adoption however in order to make it work you need governments Because you cannot sustain stability without governance and regardless of what industry you're in
Because what happens is as you scale, you're going to get the bad actors. I'll use an example. Napster.
As more and more people are involved illegal things started happening. Tonado Cahill, as well as multiple use it, funny things started happening. Anything that's just the nature of the beast, Facebook at its height was pre-governance.
And the governance evolved into other areas because they had to monetize data and they're working with state actors, all those things. So from a cautious perspective, when we decentralize and we democratize what it means to be self-sovering,
and permissionless. What can happen is we lower the barrier to entry because one, freedom and privacy is a fundamental human right. Fact.
Okay? No one grants you privacy or freedom.
It's a right that every human, every entity has. So when we lower the barrier to entry,
Then we simplify that process, given people the ability to exercise that right that's given to them. It's not it's not it's not given by an entity because if any entity gives you something they have the right to take it back. But when we lower the barrier to entry, then
That mass adoption comes in now in the industry we are in the biggest challenge with faces governance. Because again, if you don't show that you can self-govern, other people will do it for you. That's exactly what we are seeing now because you have all these kids running around and giving them no face and behavior.
and below the blowback is what we've seen today. Yeah. So just to make it crystal clear for anyone out there who's not well versed in the cloud hosting space, something that is hosted on the cloud does not necessarily mean that it's
decentralized or distributed. Most likely it is not. It is data stored in a centralized data center. Sure, the data center might be situated multiple places on Earth, but it's still governed. There's a central point of failure is governed.
control by one entity, Google, Amazon, you name it. A cache network is different. That's where I want to fill the mic to you. How is a cache different? So let me start answering that question by saying
I've been in the enterprise technology space for 21 years. I spent the chunk of it building data centers around the world as a matter of fact, I was one of the earlier.
Um, part of the earlier group that was the use shipping containers to build modularized data centers and we shift them around the world. Um, and one of the issues, as you so mentioned earlier was people think
decentralization is something that's always been known. There are many data centers that are actually owned by some of these entities. So if you think, you know, Google has
100 data centers however many know they have actually three to four times an amount half of them just don't fly under the banner of Google okay that's an interesting thing I mean the forever means like fiber tech you know the old song guard many of those
companies, they basically are clients. The entire business, they serve one of these major entities. That's fascinating, right? I didn't know that actually.
I mean, it's, I mean, SLA is an option that's going into my next point because when people host data or infrastructure on the big names, so people aren't paying for the actual infrastructure. They're paying for the SLA.
So when I go to Amazon or any of them, usual suspects, I don't care whether they're using Dell servers or SuperMicro, you know, or whatever they built or EMC centers, I don't care. What I care about is the fact that I look for, you know, $10 a month.
for example, right? Deploying here, this data is going to be available, come in, come shine, because these guys own 300 data centers, right? And they're going to stripe the data across for, you know, higher availability, backups, and all that is going to be available.
However, that's where things get a little murky because when you think about decentralization and being a younger industry, smart
tracks drive a lot of that. Yeah. So how do we lower that barrier for the Web2 entities to make the 4 into Web3 and understand what
ownership is undisputable.
self-sovering. You're immune from being deplatformed because today it doesn't matter what you do if Google or whoever doesn't like what you're talking about they can just need to have you. They've done it many many many many many times. You know there's price elasticity and you have absolute control. Most people when
the deploy applications, they don't read the user, they just click yes, yes, yes, yes, agree, agree, agree. If you actually read the end user license agreement or what you sign it, you don't own your data, my friend. You are subject to whatever rules that the hosting entity deems appropriate
Due to a few factors, one, geographic location, your data type, your network usage, and all the factors, which they reserve the right to do whatever they want to do because at the end of the day, you are just a tenant.
So in a sense, you are any website, any app, whatever is deployed on these cloud services, Google Clouds, Amazon Web Services, whatever, you're feeding the beast essentially.
Exactly. And they end the exam. So if you think talent is looking at your data, they know more about you before you even know what's in the. What's in your instance? You know, so what a cautious done is reverse all of that and say, Hey,
Privacy, self-sovereignty is a fundamental right and less lower the barrier. So our cautious now emerged as the bridge between Web 2 and Web 3.
And we have to continue as a mandate to lower that barrier to entry to enable more builders to participate in a qualitative forward moving manner that ensures that no one is alienated because it's not a zero-sum game. Web 3 needs Web 2 as much as Web 2 needs Web 3 as a matter of fact.
There are enterprise discussions now where many enterprise companies are starting to add Web 3 to their list management strategy. And that's a good start because now Web 3 is in conversations, you know, Akash is in those discussions and there are many platforms we power
people don't even know that run on a couch. And that brings me to my next question actually because it seems like things are really shaping up in the sort of decentralized storage space industry as I call it. I know AMD is piling in CK, Anderson Young,
I'm sure you can list a bunch of other names. So what do you guys see happening there? It really seems like this whole vision that Akash and others are pushing for is coming true. Thankfully. Yes, it is. I mean, I think one is, you know,
cost being the first you have to realize that whenever you're the first it's like being the first first born in any family you catch all the arrows and the daggers right so what a conscious done what overclocked last is done is we've basically taken the last few years to de-risk
This vertical for a lot of the entrance coming in because they're looking at water casus, don't water casus done, where we have succeeded, where we have failed and where we are improving right and they are building on top of that. So we are setting the strip and for us from an ecosystem
perspective, we're also attracting some of those strategic partners. We talked about even in India, many of these folks are now getting in the game because they realize that, wait a minute, if you look beyond the data center, right? There is so much storage and
cute, available out there. So the example I always give is if you go to Comic Con for conference in Austin or San Diego, whatever, you know, whichever city, gamers
I think you you jumped out of the line
Let's just give a lot of a few minutes. Probably some internet connection. I don't know what you guys, but it seems like Twitter space is very unstable these days. I had a space not too long ago and there was some issues.
maybe Twitter cancels him because they're running on a centralized data center.
joke size this is actually serious
(speaking in foreign language)
Yeah, loud and clear. Maybe twit. I don't know if you heard my little joke there, but maybe Twitter can't do because they're running on Amazon Web Services or something. I don't know. Yeah, someone must have heard me talking. Yeah, but as I was saying, you know, a constantly centralizes
all of that. And if you went into certain quarters, you would notice there's a lot of compute power available just out there. You know, if you went to the gaming industry, you know, gamers, if you went to Comic-Con, a lot of, you know, gamers generally have very, very souped up rigs, right?
and the power of networks exponentially continue to increase. So the collective, you know, on a planetary scale, there is so much compute power available out there that you don't even need enterprises in many cases.
So many of its companies are now looking into their own ecosystem. If I was an AMD or an Intel or an Nvidia, I'm looking at my entire ecosystem going. We've got three million GPU rigs out there and just residents it's alone. Many of which already have fiber up here.
connectivity. How can we connect that's when you really start on the lock value. So our car has paved the way for a lot of those, you know, experiments with, I mean, our thesis is very clear. And now we are seeing ecosystems pile onto that thesis and using it as a
spring board to engage the ecosystem with that they have never done it before. And that's because the gosh got it started. And do you see a general or pattern in these trigger points? Is it something that is coming up again and again when you talk to these organizations why they want to move
from essentialized cloud data center to something like a cache or is it very spread out? It's very different compared to depending on who you talk to. Well, it depends on who you talk to generally when you speak to smaller teams because when you go to one of the problems we have in blockchain
we're stuck in this echo chamber, right? Where you go to five crypto conferences and an all five, half the people of the folks who just saw the prior week at the prior conference. Right. Yeah, and one of the things I've been pushing for across our entire ecosystem
is let's start going to the places where we're not expected. Right? So go to a hotel management conference, go to a logistics management conference, go to a hotel software, go to entertainment conference, go to a healthcare software conference, go to a gaming
in conference. You know, I mean, go to nice. Yes, because there are teams, innovative teams, well-funded, build-in solutions in those industries that can leverage Web 3. But since we are not exposed to those communities, we are not able
to connect with them and demonstrate our valley. So some of the conversations we've had was talking to people outside of our ecosystem. And they go, oh, wait, we can use this.
We didn't know that. So those are some of the things we start to look at how the industry matures as a whole. Right. To ensure that we continue to engage and not talking to the same people. A good example I will use in this conversation is.
I love my fellow engineers, but we have some of the cheapest bastards out there. Okay. You know, you talk to me. Hey, I take that personally. Well, yes, well, sit on it.
Think about it for a second. No matter what, it's true. It's true, man. Yeah, I am never in my life met one engineer who looks at another engineer's work and gives them 100%. Okay. Okay. You know, good engineers sit back and go.
convince me to use your stuff when I can build it. True. Okay. So knowing that fully well in order to unlock value shouldn't we be talking to people outside of our ecosystem because that's how we know how to go on a use Web 3. How
they want to use decentralized infrastructure. So what Akasha has been doing is reaching out outside of the Cosmos ecosystem, outside of the blockchain ecosystem, outside of crypto, outside of what conventions you should do, where we are reaching outside of those boundaries.
As a result we have qualitative conversations that also helps us as a chain as a company understand how the public perceives us from the outside and how we can help mold that perception in ways that's collaborative because you cannot shake hands with the clenched fist.
Nice. Yeah, and your role is very much to make it as easy as possible to host and set up something with a cast network instead of choosing some of the bigger guys, the incumbents, Google Cloud, whatever, pick your points. Exactly. Yeah.
I want to shift a little bit to not so much about the whole Binance and the FGX and the Bacco, but something that happened, I think it was only last week, so ages ago in crypto world, but Hursner, another cloud hosting provider,
that host a lot of people they host the nodes validators using hersner, particularly Solana, which was then banned shut down by hersner, all the nodes running through their storage cloud center. They were shut down. Yeah. Is that
That's something that will catalyze the movement of validators and people validating blocks on all kinds of chains on a cash network because I haven't heard about many people running validator nodes on a cash network, but maybe I'm just uneducated on this. Now there are people running nodes on a cash network.
for sure. They just don't advertise it because most validators don't want anyone to know what their infrastructure looks like because then you can predict their cost, right? But on the hurt's in the situation, again, that is the prime example of why if you do not sell govern, other people
will do it for you. The fact that one entity has such locom of power that they can completely yank the rug out of people who have paid them to host the sensitive infrastructure on their infrastructure.
is exactly why Web 3 matters and Web 3 exists and that's why a cost exists to it, so that does not happen.
Okay, now I'm going to do exactly.
In looking at that situation, we should also realize that look, from a key value proper perspective,
If you're a validator or whatever the hell you're doing, even if you set yourself up as a provider on a cash and then host your infrastructure, you'll pay in yourself. Okay.
If there's nothing else, do it that way. But from a governance perspective, we should all be limited that again. And that's the ultimate power flex.
Okay, because if I'm an entity, we're not going to host this industry, then we have to take a step back and ask ourselves.
Are we enabling this behavior because we tolerate it?
And what's the answer going to because they can do it to you? Trust me, they can do it to anybody else. It's not just a crypto thing. Crypto is just a nice test and graph of people to look at. You know what they can get away with that. Well, they can get away with it. And going back to your FTX conversation. No, it's not off limits. You can ask if you want. And I'm going#
And right wrong, you know, right wrong or indifferent whether anyone agrees with me or not sue me whatever but please do The point here is the key to learnings from this exercise is that we need adults in the room Yeah, the fact that Binance could look under the hood
within 24 hours and make a decision, that's an estimate that you are finally getting adults in the room because 99% of learning is learning how to learn. Most books, if a book is 300 pages long, 10 times out of 10,
10 or 5 pages there that has other facts you need. The rest is just fluff. So the fact that an entity knew exactly what to look for and I've been doing this a long time and I always tell people you don't need a lot of time for the ability to see if you know what to look for. It tells you the story. So I think we're starting to see an emergence of industry
maturity and I commend Binance for at least demonstrating that example that if you know what to look for you don't need to pay attention to the rest right wrong or indifferent yeah yeah that whole thing just yeah it's it's crazy to see how it unfolded so fast really
I mean FTX was known to be the organization that built out other organizations, not perhaps not the adult in the room, but at least they seemed to be the responsible organization in the space. And then looking under the hood, one of ours later, they are acquired by an even bigger guy.
Yeah, in general centralize exchanges are just I don't know if they're doomed, but perhaps not, but there just seems to be so much fidget things going on. We got so many examples now. We got Celsius, we got Voyager, which is hedge funds crashing down like all like transparency is just so key. And the
reason why they could grow up to become a size like this and then just falling in 24 hours or less is because of the lack of transparency or this opaque way of running things. It's governance. It's governance and we can do this also
So at a cost, for example, we changed our entire volatile program starting earlier this year. And what we said was all of our validators must lead by example. One, you must run at least, even if it's a center in order and after you see an order, you must run something on decentralized infrastructure.
because we cannot lecture other people about Web 3 while running on Web 2. Secondly, you must participate in governance initiatives, contribute to the ecosystem, but more importantly, you must be a builder first, validate a second. And since we implemented that program, we've probably yanked delegations from about
10-20% of validators that were just collecting mailbox money and not doing anything, and now we have focused on builders and the quality of our validators set has not only improved, but they continue to set an example of how you run a governance framework and engage our values of building tools during our insider program
you can go to our discord. They are so active and engaged that together we are building out of the bare market whilst sitting in an example of what governance should look like. And then we moved our cab, the community, our walls, and swatted into the cash accelerator where we fund projects
that are building on the web too with a focus on lower and barrier to entry with tools that want to keep our purpose obvious, usable, right? And after going through our nine month program, they are fully highly valid startups in their own right with the revenue model and they can stand on their own too. So we're rapidly ensuring that industry to the best
we can't walk keeping the centralization of Web 3 at the core of everything we do. So that operating velocity is now a template that any chain can adopt and rapidly scale out. Because again, being the first of many, that's just what we do. We lay the groundwork, templateize it, and then hand it off.
So that being said, how do we scale that? How do we push beyond the core? Because the problem with the system itself is not huge.
So we need to scale that, templatize it so that all the chains outside of cosmos can start adopting, because that can tell you right now, from Washington to Brussels. Those geriatrics, most of them can barely walk a smartphone. And those are the same people that are right in regulation for crypto and web 3 and
I mean, that's just set up a long bail, right? Yeah, through that. So I want to take a little bit deeper dive into how our cash operates and in particular how it operates with the permission lists, sort of features, building to
the network because obviously permissionless I don't think we need to convince anyone that in here that a permissionless network is good but it comes also with challenges and obviously when it comes to hosting something and putting something online permissionless a lot of people
people will probably think about how do you guys prevent child pornography, like malicious kind of stuff being posted and published via a cash network, legal stuff, straight up legal stuff basically. So I'm sure you guys have been thinking about this.
maybe you could talk more to that. Yes definitely. So just three things is one incentivize participation which is you know tokens align participants to work together towards a common goal which is the growth of the network and you know appreciation and making sure that the gains are socialized
and the benefits accrue across the network. And from a professional perspective, you know, we, it means anyone can use, can use resources, deploy in a car, build on a car, you know, do anything without having to generate access credentials or get permission
provider. So if you wanted to deploy a game or any sort of application on a cost provider, you don't need to be, you know, you go on your blog into the network and you, you know, look for, you know, set out your, you know, your configuration parameters and you get a list of providers and you pick one and you deploy. Oh, even as you wallet.
Connected to it done and network verification ensures that instead of being stored on service the data is stored on chain on the network So changes are recorded on the blockchain via network verification So that enables access in a permissionless manner that that incentivizes both
Now, from a content moderation perspective, we are actually in the throws of putting together a PCMS program, provide a content moderation service. And that's going to include the entirety of the across community and beyond. Now, the mechanics of how this is going to work, we are still
fine tuning, but this is to ensure that we can, you know, whether it's algorithmically, you know, or via optimizations monitor for content that's not legal. Obviously, we don't want anything legal on that or that's never happened yet. So, and we want to give it back away, but it also shows dominance.
because we are reaching out to the community, you know, unlike conventional projects where the creators or the authors, you know, just come up with a set of rules, okay, this is all we can implement. Our cash does not do that. We are engaging our entire ecosystem on what contact moderation should do.
look like, how we should implement it and how to ensure the entire community participates in that process. So we focus on the governance, like a steering committee, not the implementation of it. Because again, it's self-solvering as dissent
centralized and in the spirit and the centralization of self sovereignty we are not going to touch or dictate or even recommend what content moderation should look like the community tells us how they want to moderate and regulate content and we go
with the community on how that process is optimized, decentralized, transparent, and above all, on chain. And when you say community, is that mainly the validators who are responsible for that or? Actually, no.
Anybody that's interested in participating is welcome to participate. That includes builders, partners, validators, the crypto curious, engineers, non-engineers, designers, journalists, bloggers, bank, anybody that wants to be a part of that process is welcome to join in that discussion.
How do they do that exactly? Is it through their website? Is there? Yes. Actually, we have various options and I'll go through them one by one. First, it could be form on our form. It's public, form. The other cache.network or you can connect with us via Twitter.
We are very engaged, very active. We can reach out to me or anyone on the Acosta team or our Oxford channel. You can also go VR Accelerator Program. If you have a really cool tool, because we've found some of these projects as well. A Cosh.networks.accelerator.
And without the form, make a proposal, we review it. And we respond to every proposal. Whether it's a yes or a no or a meeting or a few, and if it makes sense, we'll fund it. You know, if it's just a general open source contributor, go to our GitHub page, make some suggestions. We'll look at it.
So again, in the spiritual truth, decentralization, and we've seen some all been, we have a few shops that are emerging now trying to do the same thing. When you look under the hood, it's just a, you know, the by 10, 12 servers, you know, spreading across the country and calling that decentralization. Well, I know we have partners from data centers to
Individuals would compete to companies that access compete, you know, to even data centers with our spare compute capacity. So we are staying true to the ethos of decentralization because decentralization privacy and self sovereignty is a fundamental
human right. Yeah, and I must say just from a personal note, it's super cool what you guys have set up and how easy you make it for anyone to host or allow for to be a hosting provider essentially like I had an idea not too long
go with another friend where we were considering setting up like a cloud hosting company via a cache by gathering a bunch of electronic equipment, computers, whatever we could collect also with sort of an environmental touch instead of these
computers sending up in the bin, basically you could donate it to us. So the cost of capital, the cost of basically goods and supplies were literally zero and then we would go down to a cash network kind of setup.
We never went through with it. Yeah, we never went through with it, but maybe we should revisit. But the cool thing was that Acastnate will provide set opportunity for entrepreneurs all over the world. I'm sure others have had the same the same idea. Crazy you say that because as a matter of fact, we one of our newest partners is Farron.
you know, it's bear on, it's comparable to tarot form. And Spirong had the host of multi-city events and I was a part of, I've been a part of every one of those events over the last few weeks, you know, in New Delhi, Bengaluru, Nairobi, Lagas, you know, and it's amazing to see what some of these teams are building.
in those areas and many of them now are plugging into their caution networks. So we're now, you know, on a planetary scale, decentralization is now we're normalizing it and folks are now embracing it and the beauty of that is you look at themologically speaking in the Western world
where we start on the course and then we start we've seen a lot of vanity tools being built. We don't even have the block explorer. We have more than enough but people are still building them and making them fancy it. And then you go to other countries whose priorities are different. I looked at the pitch that just last week of someone building a tool
that enables farmers to trade agricultural commodities. I have a RAM and then the guy in the next town has corn or chicken, whatever it is. And they want to do all that on chain. Which is pretty cool. So we go with, so we're starting to address multiple slides of the market.
And these stories now become fascinating because it lost the power of Web 3, blockchain technology, access, enabling them to participate in global transactions. So those, I mean the value, the key value of the property is very obvious. And people are going to use it in
to remove all the copper so they can go melted and repurpose it. I've seen it happen, I used to build it as a solid, so I understand those mechanics. So what you're describing is that is a fantastic story where we can now repurpose. Don't send them to the recycling mill, just repurpose them and plug them on the network.
Yeah, and that breaks me to the master plan that you guys came up with not too long ago. All these published. We did a thread on this actually on our Twitter profile, Consum's Club. And just to recap for anyone who hasn't seen, you start with the Consum's ecosystem.
being a customer's app chain, etc. Moving on to broader web 3, the web 3 space, then moving into AI and finally the enterprise ecosystem or segment. So what does that mean? Perhaps you can speak more to this, elaborate. What is
Why these steps and why this order basically? Well, that's because all three verticals are not coterminous. Because regardless of how we innovate or what we build, regardless of what industry we're in, you still have to crawl before you walk, before you run.
So when we build concrete and season certain verticals, right, it's for the next conversation. So I talked about the enterprise earlier. There's a direct relation between machine learning, IOT and then enterprise applications and enterprise applications. When you say enterprise people think massive data centers, you know, they think Oracle GDM
words SAP and all that. No, enterprise applications are skilled that fulfills a very specific purpose and can be repurposed with an operating velocity that includes MRP applications. There's things like manufacturing, manufacturing based resource planning and enterprises.
different applications that ensures you can process different transactions of scale. Not necessarily financial, it could be manufacturing, it could be supply chain, it could be healthcare, it could be anything just big massive computer processing power. Now, that being said, in order to get there, right, you have to first
You have to first really optimize for machine learning because if you can solve for machine learning enterprise applications, that logical next step. Because remember something here that
even blockchain tech everything would don't is predicate on the network right yeah if satellites go down with losing to that then the blockchain's useless yeah right so when you saw from a single earlier with which also includes the better
very heavy, heavy leading on networking. And the national next progression is to go into the enterprise space. And we are, you know, and without mentioning any names, we are in various collaborative relationships.
with some entities in that space optimizing for that. So that one big push will be something that will happen over a few months, but there will be insubsiquents, not called terminus, not at the same time. So that master plan is to ensure that we're covering the line on bread.
of the entire global ecosystem that it actually is both the individual user, the business user, right? The drive by user, so let's think about miners, for example, you know, the miners are generally called miners are opportunists, right? If there's free compute, they like drive by shooters, if there's free
They come in and I understand it. I mean, it's what it is. You know, we got to get confused. You want to get it. But that master plan looks forward, you know, an inclusive manner that ensures that from day one, our goal was, was to completely decentralized company. And I
added storage we added my p leases you know with my net 4 coming up and all of those capabilities directly relate to that master plan. So you look at as a product it's like a product roadmap you know A and this is happening before B before C. Yeah make sense.
And not to put you on the spot here, Alani, but when will Akash take over some of the big guys? Like a lot of people I think having listened in for almost an hour now, they I think they will be pretty hooked on Akash. So speaking of
of the roadmap. You guys are aiming incredibly high, and I think for good reasons. So when will we start talking about a Couch Network in the category of the Google Clouds and the Amazon Web Services and the Microsoft Assurance? Do you think? >> So some of this conversations are actually already started.
You know, but they're not in the mainstream domain yet because today you think about Kubernetes for example if you go into Kubernetes in a circles they're talking about a gosh Okay, now the scale yeah the scale to which those discussions are going to be happening the other two
be a reminder that a cash really is not the competition. A cash is the alternative. Right. You know, you know, so we're not saying, hey, we want to put Google out of big. No, that's not the business we're in. We are the alternative, right? If you if you want Web 2 and it works for you, great, but if you want something different,
Or if you were a journalist and you've been deplorable once or twice and you really need yourself sovereign, you know, I keep saying the next Twitter, the next Wikipedia and the next WikiLeaks will be built on Web 3 and on a 90% scale will be built on a gosh.
Amen, we can only hope and because of the good work that you guys are doing, it might just happen. I always tell people hope is not a strategy, a plan.
is a strategy. Yeah. And you guys seem to have one. I can only hope sitting on my end. But Alani, you are a busy man. So I don't want to keep you or hold you up too long.
You have a very important mission to execute on but is there anything you want to leave the community with you've been there dropping some some Alpha today already but maybe there's something that you want to spill today or just in general where people can find you and join it
Yes, so one you can find me on Twitter, you know, follow me if you can if you want to DM me, I have a, you know, I always respond, but more importantly, I want us to just remember that, you know, for
privacy to exist, it must be decentralized. For self-solventy to exist.
It must be decentralized.
And it's not so much competition, it's called laborative competition because we cannot shake hands with clenched fists.
And bear market bull market, whatever the situation is, keep your eye on the ball because we're all in this together. And if you took anything away from this session today, we are just getting started.
So feel free to ask any questions on Twitter, DM, follow, do whatever you have to do because we are in this together.
That's my field. Well said, man. Thank you so much for coming on Alani and a cast network in general. This has been a pleasure and an honor. So, uh,
Yeah, stay safe wherever you are and speak soon. All right, speak soon. Thank you very much for having me. Thanks, man. Ciao. Ciao.