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Zypto Weekly Update - Crypto Payments for the Win!
Recorded: Sept. 17, 2025 Duration: 1:08:12Space Recording
Short Summary
In a groundbreaking launch, Zipto introduces its weekly update spaces, enhancing community engagement and announcing strategic partnerships, including one with Abroad Finance to facilitate USDC payments in Brazil and Colombia. The integration of Hive wallets and a surge in app downloads signal significant growth, while discussions on stablecoins and gaming highlight emerging trends in the crypto space.
Full Transcription
Thank you. Thank you. um
Thank you. wow
Hello blockchain nerds, traders, hodlers, moonboys, crypto noobs and any and all other category of human that has decided to honor us with their attention today.
Welcome to the very first of what will become our regular weekly Zipto update spaces.
So I'm just going to let you know a little bit what to expect here.
So we're going to be running every Wednesday at this time.
A quick update from me.
I'm Joe Parkin, by the way.
I'm one of the founders of Zipto.
I'll give you a quick update on things that have been going on in the last week or so.
And then we'll pass over to our amazing co-host, who I shall introduce you to in just a moment and some
special guests. We're going to have one or two guests every week to talk about some relevant
and interesting topics related to what's going on with Zipto and or what's going on in the crypto
space in general. So without further ado, I would like to introduce you to my co-host for these
spaces, who's actually going to be doing most likely as much, if not more, talking than me,
believe it or not, in these things. A friend of Zipto, who a lot of you that are listening will
already know. Those of you who don't, you're going to have plenty of time to get to know him. But I pass you to the voice. I introduce you to the voice of DeFi.
How is everybody doing? How are you doing today?
I'm doing just fine. Thank you. I've picked up both of my children from school. The new puppy
we have is currently being quiet. So I think we're going to be good.
Man, that is good sounds like life
gave you the ball right over the center of the plate and you knocked it out of the park this
morning so that is that is awesome well uh he is right we are going to start doing this every
wednesday and uh i think this will be really informative not just for the zipto ecosystem but
the guests that we bring on here, Joe.
I am really excited to kind of get deep dives into them for what they bring to the space
and how they kind of integrate with Zipto.
I know this is something you've been working on for a long time to get regular updates,
and I'm excited about this.
I really think we've got some good guests today.
With us today on the panel, I've got Crimson Clad. We may just go with Crimmy. I like that, if that's okay, Crimson Clad.
We've got Joel with Dash, and we're going to learn a little bit about their ecosystems, a little bit about how they work in with Zipto, and maybe just talk in blockchain in general. So I'll bring those on here in just a bit.
Also, I want to throw out that we've got a sponsorship from the Zipto Foundation,
and we're going to have this and every Zipto Xspace that's going to be sponsored by the Zipto Foundation.
And because of that sponsorship, we're going to do a giveaway.
That's right. There's going to be a giveaway today
and uh hope that's okay uh is that okay joe absolutely i feel like i should have like a
like a special kind of uh sound effect for for surprising and you know what next week
next week i'm going to come in with some amazing sound effects like amazing or something like that
that would be awesome but today if you like i could i could just sit here and make sound effects with my mouth please please if you do well enough i'm just
yeah thank you if you do well enough i'm just going to record that and make it but to get into
this giveaway i want you to follow the zipto app and uh zipto underscore token okay i want you to
join the zipto telegram okay and. And then I want you to follow
our guests. Okay. Let's follow at hive blocks and, uh, let's follow at dash pay. And you know what?
You might as well follow, uh, creamy and Joel as well. Um, get those and then listen carefully
because at random times, I'm going to come in and, uh, give my own little, uh, and until I get my sound, soundboard,
I'll put together for this. Uh, and we will give away, uh, that during random times during the show.
So I'm excited about this. Hope everybody is excited about this. Let me start with our first
guest. I'm going to bring you in kind of, it's going to be just kind of a group discussion,
not just one at a time. I'll tell you what, I'm just going to very quickly so that then I can kind of take more of a passenger seat for the rest of the space.
So I just wanted to give a quick update on what's been going on just in the last little while in Zipto and then I'll pass over.
So the most exciting thing, one of the main reasons for having, I'll go with Krimi as well, although it sounds like criminal.
So one of the main reasons we've got Krimi on today, apart from her just being excellent and a friend of Zipto's,
is that just this week we have gone live with Hive in the Zipto update version 1.21.
So you can now use DeFi Hive wallets within Zipto app,
but you can also load your card with Hive and with HPD, their stable coin, pay bills, etc, etc.
That's been possible with Dash for quite some time. But that's one of the novelties. The other
big novelty in this update is a partnership that we have with a company called Abroad, Abroad Finance.
And this allows people to pay in USDC on the Stellar blockchain, literally anywhere in Brazil and Colombia.
It's that big.
Wherever you go, you can pay with PIX or Neki, which are local digital payment rails directly from your wallet.
And it's bigger than card schemes.
It's bigger than Visa and MasterCard in Brazil, for example.
Everybody accepts PIX payments.
But I won't go into too much detail on that because we have Esteban, who is the founder
of Abroad, joining us for next week's space so that's the big uh
that's the main things that have happened um so some stats on app growth we've got we've had over
2 000 downloads in the last week of the app card users are up nearly five percent just in the last
week we have had 215 successful referrals in the app.
This is something people may not realize, but you can in Zipto get a referral link,
share it with your friends and family, and then you get Zip reward points
every time people use it.
So that's pretty much it for our update this week.
And then I'll step back and let you get on with introducing our guests
and letting them
I love that you did those updates because I need to know them I you know zipto is so part of my
daily routine I want to want to get my zips and get those so any extra partnerships or extra updates
I as well as everyone else in here wants to know about. Well, appreciate that, Joe.
But without further ado, let's have our two guests introduce each other.
Krimi, I see that you're already here.
Is it okay that I call you, Krimi, first of all?
I may not be able to.
She may have just stepped away just for a moment.
I think you offended her.
She's very sensitive. She's a sensitive soul isn't she joe
that's okay well crimmy crimson clad if you can i'd love to be able to hear from you
if not that's uh that's okay i say i hear the hive account
well i don't hear from either of you that's okay that. That's okay. Joel, you're also here with Dash.
Can you hear us?
Yep, absolutely. Yeah, I just have on my personal account as well, just so people don't mistake who's there.
And also to pump the numbers on the space. More reach is always better. But hey, how's it going?
It is going fantastic. I want to know a little bit about uh
your backstory with dash and zipto this relationship has went on for some time uh but how it maybe maybe
you can shed a little light on how this relationship has evolved over time or me maybe even how it begun with Zipto because Dash has always been kind of a,
I don't know, a originator of coming up with these like digital type of payments type of
things. And it made sense that they would work with Zipto. I just like to hear a little bit
of the backstory of how this has evolved and the relationship has evolved.
Yeah, absolutely. So some important context on this is I've been
in the crypto space since roughly 2012, 2013. And a big thing that has been important in my journey
has been actually using crypto as money as it was kind of intended in the early days. And so
to that effect, since the end of 2015, coming up on 10 years,
I have only earned crypto. I have not earned fiat. And I'm around nine years unbanked as well.
So obviously, this is what drew me to Dash is probably one of the best ways to actually achieve
this goal. And I've been involved with community since about 2016. But I've been full time working,
running business development and marketing since January of last year.'ve been full-time working, running business development
and marketing since January of last year. So coming up on two years pretty soon. So all I have
to say, anytime I hear anything about that lets you use crypto as money in any way, shape, or form
easier than it already is, my eyes light up. So I was on a, I was on a space, one of the X, the X cohost spaces.
And I believe it was either sponsored by or cohosted by zip though.
I don't remember which, which of those was,
but I heard Joe talking about all this. And as soon as he mentioned bill pay,
I'm just like, Oh, there's a bill pay company.
Because historically there have been very few crypto bill pay companies out there.
And that was one of the big pain points in my life where I had to sort of find workarounds.
And it wasn't until there was a few that came around that I used it then got shut down by the government, whatever.
That was very kind of fly by night for a while.
And then in the last few years, one came on board, then another.
And then Zipto was the third one.
And I was just like another option. And so that just instantly got my attention,
started talking to Joe, started talking about integration, had him on my personal podcast as
well. And since then, it's just been like, oh, we both understand, you know, the, and I would say
project wise as well, Dash project, as as well as zipto are both aligned on just
about the same goals and are just like almost everything that zipto does benefits us and
probably vice versa so um it just was supernatural i wouldn't say supernatural well maybe it is it is
sort of supernatural to use magic freedom internet money instead of you know whatever the central banks want us to use
but yeah so that's kind of where we are today and um i should highlight i pinned the message
at the top we are doing a self-custody giveaway with zipto that if anyone buys dash and then
withdraws to a zipto wallet so you have to download Zipto, of course, and then tags both the accounts and posts a screenshot or whatever of it. You're entered to win some prizes, including 10 vault
key cards from Zipto and a total of 10 dash that will be sent out to the three best ones. So I just
thought I'd put that in there so people are thinking about it in case. I'll probably repeat
it at the end because if there's free money, we want people to get it no no no doubt and love that origin story you you truly are an OG in the
crypto space because you're looking to be on you know you went unbanked and you're looking to not
use fiat at all I think a lot of people talk about doing that but you actually not just are doing it
but have been doing it for a while and yeah yeah, Zipto and Dash, that makes complete sense.
Your origin story was probably what I kind of envisioned it being, is you all kind of
cross paths along the digital landscape along the way and just thought, man, this is a partnership
that probably needs to happen.
Crimson Clad, I saw that you unmuted for a second.
How are you on this fine
day? I'm hoping that you can hear me is what I'm hoping. So loud and clear and perfect fidelity.
It's amazing. All right. Excellent. You know, anytime we get talking about crypto and, you
know, disrupting the legacy financial system, Daddy Elon gets a little nervous. It's fine.
We understand how it's going to go.
That's right. That's right. That's right. But hey, you persevered and you made it in here.
I'm going to ask you the same question. Now, I really think that Hive, the more and more I look into it, I'm like, wow, this actually has some real world utility. Tell me a little bit,
just give me your elevator pitch on Hive. And then also tell me a little bit, just give me your elevator pitch on Hive and then also tell me a little bit about the relationship with Zipto and how that originated.
Absolutely. I am a community member and I work in operations and education for the Hive blockchain.
And we are basically a blockchain ecosystem that is about transacting value.
So yeah, absolutely. The magic internet money is there. It
moves around completely, feelessly, ultra fast. There's lots of reasons to use it. But the biggest
one is that it moves value beyond just crypto tokens. The blockchain is developed to hold
content as well and to help distribute coins to that content. So we have communities of people all
around the world who are sharing posts, blogs, videos, short form, long form. They're doing
on-chain polling, anything that you can attach to a voluntary digital identity that's valuable,
whether that's friendships, whether that's the communities that you join, the content that you want to support or that you produce, all of that's held at the base layer of the blockchain.
And that is completely different than anything else out there. And it makes it a really interesting
place to start building up just beyond having a wallet. And that's kind of a weird idea to think about. But everything that you do day to
day, all the value that you transact in the real world works the same as how you can use Hive.
And that's such an important part of why do you choose the businesses you use?
Why do you choose the crypto you use? Where are your friends hanging out? What are you interested
in? These are all the ways that people gather and marketplaces
form. So that should be a part of how we use crypto as well. And the big thing is obviously
that Hive is completely open source. It's grassroots. It's managed, built. It is loved
and grown by the community. We have no founder. We have no corporate entity, there was no ICO, there's no
influence that has control over the blockchain other than anyone and everyone who happens to
hold Hive. We're really ideologically based in that we want to build tools that everyone from
every blockchain can use. We want crypto that is, you don't have to spend it to use it. And we want
to create platforms that help you connect that coin value to the other types of value in your
life fully voluntarily. And so that's kind of been the mission of Hive. And it's a really cool place
to hang out. It's obviously kind of captured my soul. So when you do kind of get thinking about what Zipto does best, and you
know, obviously, I can't, I can't keep up with the pattern. Joel is absolutely an OG at this.
The same sort of thing, Hive is looking for the services and the apps and the wallets that
A, are interested in looking at non-EVM, non-SVM chains, because that's actually getting harder and harder
to find, but also teams and goals that are aligned with, let's make crypto better for everybody.
Let's make everybody more sovereign. Let's give people voluntary choice over what they do with
their money and their data and how they access value anywhere in the world. So, you know, Zipto was kind of a
no brainer. I know we're the newest integration with the site and with the wallet and with
everything that Zipto's got going on. And they've actually gotten involved in the social side of
Hive. So you can find their blog and posts from them any on any of the front ends to the Hive
blockchain as well. So we're really kind of looking at building out how do we give Web3 native platforms to other blockchains, to other services? How do
we build these strong communities that create the best experiences? Man, I love that because
here's what you just said to me that I think needs to be underlined. You started off with
talking about all this utility, all these different things that Hive can be used for
and maybe your ethos for just being
in this decentralized world here.
And I started thinking, okay, it's great
that we've got these, you know,
a couple of high utility guests on here.
So I started thinking that.
And then I started thinking,
well, so many people start going with meme coins
and things like that.
And they do that for community, right?
Well, get this.
Then you went into all the community that Hive offers and Zipto offers and the Dash ecosystem offers.
Matter of fact, I've looked through the profiles here in this space.
And there's community already.
We don't need to do just a meme coin just to,
just to have community.
We can actually have real world utility and then make a community around
that.
And that's what I love about both of our guests.
And with that,
Joe,
can you make me a,
a horn sound,
something like that.
It is give giveaway time. I'm going to pick some random moments during this space to pick a random guest in this space to win. If you didn't hear me earlier
to participate in today's giveaway, you want to follow the Zipto app and Zipto token,
which by the way, the Zipto foundation is who is sponsoring this giveaway.
You want to join the Zipto telegram and then of course, follow our guests, follow high blocks,
follow dash pay. And you know what? Follow Krami and Joel as well. And then stay tuned
for times like this. So I'm going to randomly pick a guest here. Let's go with, that's my, that's my calculating sound effect. I'll get
real sound effects for next week. Let's go with at Mike, or excuse me, let's go with Michael
Cluster at DJ Cluster. Great content, looking through your profile right there but yeah at dj cluster you have won the
first of today's giveaways uh make sure you connect with the zipto app and is that the
best way to do that uh joe's just have uh them uh connect there maybe you can oh no the other
no the other one the uh the foundation account so the zipto underscore token, if they can DM there.
DM the foundation, zipto underscore token, and there from there, we'll get you, you have won that giveaway.
So great news.
We will do more throughout the space, so make sure you continue to listen.
All right, Joel, I want to ask you about a few things that,
your story actually, you're the perfect kind of person that I like to ask some of these questions
from because you actually are living, you know, you're walking the walk and doing all this.
You see Dash position itself as like digital cash. Do you find that that definition is evolving? What makes Dash different than other
payment-focused blockchains or stable coins? Is it moving goalposts, if I can use an American term
a little bit there, or is it something that pretty much has stayed the same since Dash's inception?
Well, I would definitely say the original concept of digital cash is pretty much the
same.
What it looks like might be a little bit more advanced as the technology advances.
I would say that there's two separate concepts here, right?
If we think about what literal cash is, which is a government-issued banknote that anyone can just sort of use without KYC or an account or anything like that,
then a lot of modern stablecoins would fit that much more linear definition, like Tether.
Tether is a sort of digital cash in that it's like government-issued dollar-ish backed currency
that anyone can sort of send and receive because it's not sort of like token
gated, but it's also sensible on a whim basically at the same time. And the concept of a peer-to-peer
electronic cash system as outlined in the Bitcoin white paper is more what I mean when I talk about
digital cash, the true digital cash. And that's kind of also like an older definition of cash,
because when you have like gold and silver certificates, that's backed by something real,
that's just a better way of transacting with that. So I definitely think the concept of digital cash
is sort of evolved a bit where in the beginning, because of the technology, the simplicity of the technology,
what I would consider the true or better definition is sort of like all that there was.
And now that you can do stuff like tokenize the dollar on chain, now that the definition is sort
of split to where now people are, I would say more users are going towards, in my opinion, the weaker side of things.
And at some point, I've been watching regulation and legislation in the US and other places
as far as this is concerned. And I'm seeing that the era where you can use stable coins as easily
as digital cash, I think that era is going to come to a close in
the next five or so years. And it'll sort of become the new banks, the new bank account type
thing with all the restrictions and problems that we see from a pure sovereignty perspective on that.
And so I think that especially with privacy, for example, where that's something that's not really a key feature of centralized stablecoins, I definitely think that over the next five years or so, we're going to see that the allure, especially the developing world, where maybe not everyone is able or willing to provide all the ID and all the other things that will satisfy, you know,
heavily regulated entities, I think that we're going to start to see the allure of the OG style
digital cache, like the white paper Bitcoin, the Dash, the Zcash, the Monero, those of the world,
we're going to start to see the allure really start to rise of those again. And we're just building.
We're building for users today, obviously.
But we're also building so that we're building on the mission that has timeless value.
And when the swings of the market kind of come back to, oh, my gosh, I want something that actually works, that works like a payment app, seamless, everything everything else but is completely uncensorable
and is backed by digitally scarce sound money then I mean there will be no better option than
Nash at that point probably this is what I like about everything you just said is I didn't hear
oh well we pivoted a couple times during during dash dashes, uh, development cycle. No, no, no.
You, you like held fast to what you believed in and you said, well, this is what dash is.
And then as regulatory changes came as more adoption came, as you get a different, uh,
you know, world powers that seem to be more or less crypto friendly, pretty much.
You're just telling me dash has stayed very, you know,
you know, right where they were as far as like, this is what we stand for. This is what we want.
All of you will come back around eventually to realize that, you know,
privacy actually means something that digital cash isn't just like a buzz firm.
Yeah, go ahead. Let me clarify something small. Now there was a sort of a little bit of a pivot,
which mostly about 10 years ago.
So we've been in the game like 11 and a half years.
And Dash's first longstanding name, I should say, was Darkcoin, because the first function was as a privacy function purely.
That was like, OK, we're going to do this one thing that Bitcoin doesn't do nearly as well. But very quickly, Dash's founder, Evan Duffield, realized that it's about more than just that.
And so the rebrand to Dash, which is a portmanteau of digital cash, came around the focus on instant transactions as well.
And then usability through this upgrade called Evolution, which was kind of conceptualized a very long time ago but
finally released it gives usernames and contact lists and all that stuff at the protocol level
so we did sort of pivot in the in the early days as you know we start with the hardcore
saverpunk principles but really quickly realized that we're not just going to have you know people
in hoodies and guy fox masks using our stuff, that's not enough to actually
make an impact in the world.
Eventually, we need the average person.
You need the money your grandma can use.
So that's where we did pivot to that direction.
And that's an interesting origin story.
I did not know that, honestly.
I really thought Dash just started as Dash, but that's very interesting.
But I also think there was a little bit of good foresight
there to see like, okay, we need to niche up a little bit. We can't just be, like you said,
the dark figures that are involved in this community. Instead, it needs to be more for
the world. And it looks like that's exactly what you've done. Speaking of for the world,
Krimi, if you can unmute your mic there, I want to talk a little bit about Hive.
You've also got a stable coin, the Hive-backed dollar. Do you in the community look to use that
in everyday payments, kind of like I'm talking about with Joel? Is the idea for you to be able
to spend the Hive-backed dollar to buy just goods and services like you would in any other time.
Tell me a little bit how you envision seeing that evolve.
Well, you know, one of the things that is the most sort of amazing and frustrating part of having a blockchain built around feedback is everybody has a very different answer to this question.
So I'm just one community member.
But overall, yeah, the answer
is yes. And it's not because we believe there's a better dollar than the dollar, although there is
everything is better than the dollar go crypto. But that that's not why it came about. The reality
is, is when we are talking about and exactly as Joel was just mentioning, when you go out into the world, whether you like it or not, the normies, the crossover people, the heavy crypto users, whatever, whoever it is you're engaging with is using some form of fiat currency.
Very few of us are actually to the point where we can excise that from our lives. And that means no matter what, crypto has shifting value, it has market value, it has volatility that even though in some cases
you'll see some coins barely move, it's still more than most people are used to. And it means that
for goods and services, it's really tricky to price, it's really tricky to accept. And for a normie, there's nothing more terrifying than impermanent loss.
They might love impermanent gain, but impermanent loss scares the absolute pants off them.
And so understanding that you have to have some form of stablecoin to help do the heavy
lifting on connecting people to what's usable is a really helpful way of approaching any ecosystem.
Because rather than getting into the weeds and really explaining market forces and going
deep into the economy of tokens or coins, you can just say, hey, listen, this is a dollar.
It's worth a dollar.
The blockchain treats it as a dollar.
Use it like a dollar and you can turn it into the cryptocurrency that you want later. It's an IOU. It's a debt instrument. There's no there's no
sort of getting really lost in the high level financial stuff that for a lot of people,
whether we like it or not, the nerds and the money people that want to find crypto have found
crypto. That's not enough. We need to go bigger. The more people that we need to attract
are the ones who are using fiat in their everyday lives and crypto is scary to them.
So a stablecoin, yeah, using it for goods and services is amazing. But for a lot of people in
the Hive blockchain, they don't always care about even going outside of the blockchain world. They want a way to move funds
around that allows them to actually just bypass fiat altogether. So the flip side is, you know,
you've got whole circular economies, you've got entire parallel economies where people are playing
games, they're buying stuff from each other, they are sending little IOUs back and forth. They are, you know, incentivizing each
other to engage using this stable coin, because it has a monetary value that people can understand
in their mind. But the flip side is now obviously with Zipto. Yeah, you know what, heck, if I've
done enough good in my community, or I've gotten a proposal or a buddy sent me five HPDA, I want a
coffee, gosh gosh darn it.
So I'm going to go use my Zipto app, and I'm going to use it in the real world.
And we're just going to take that boundary off crypto entirely.
You know, you just said something that I thought was a good point, and that's that stablecoins,
while us in the crypto world, we love stablecoins, but at the same time,
really more that's for normies as far as for spending,
because you're absolutely right. I've got relatives that aren't really into crypto,
and they just cannot stand when number go down. And don't get me wrong, I can't stand when number
go down either. But at the same time, especially when you're looking at it for something for
payments, people start going, oh, yesterday I had a dollar and today I have 80 cents. This sucks.
You know, that sort of thing with the stable coin that at least allows normies to start accepting
crypto as a payment device that isn't going to, in their mind, lose value. You know, it may be
pegged to the U.S. dollar, which what they don't realize is that U.S. that one dollar has less spending power than it has ever before. So kind of a catch 22,
if you will. But that's really interesting. Yeah. I was about to say, keep on going with
what you're going. I just wanted to mention that a little bit. Yeah. No, it's just it's
abstracted away from them. And even in the real world, if we want to call this the meat sack world,
the real world, what's happening with economies, with different
forms of fiat, with the US dollar is abstracted away from them. So the easiest way to think about
is I would like to spend, the idea of a dollar is just a simple metric. I hope, actually, Joe and I
spoke about this in the Zipto podcast is we're hoping that pretty soon we're going to see something
different than the US dollar being the de facto unit of measure, but we're hoping that pretty soon we're going to see something different than the
US dollar being the de facto unit of measure, but we're not there yet. And the only way to get there
is to start speaking people's language, to draw more people into an ecosystem where they're
intrigued by and confident in the way that they use digital cash, a way that they use different
types of cryptocurrencies, and the seamlessness of how
all that works together. So with a Hiveback dollar, one of the sort of differences from a lot of
stablecoins out there is it's not backed by a fiat currency. And that's so different than one of the
USD options that you have found out there. It means that it's truly trustless
and it means that you are always
actually moving hive around.
You're still transacting on the blockchain
in the currency of your choice,
but you're doing it in a unit
and with a form of currency
that just makes things a little bit easier
and doesn't rely on some government or some bank somewhere to hold
reserves that you can't verify that kind of defeat the purpose of crypto in the first place.
As much as you say crypto people love stable coins, we do. But we also realize that they are
a terrifying, terrifying black swan option that we can't control. So again, how do we borrow that language? How do
we borrow that sort of emergent property of money? And how do we start making it better? How do we
start using blockchain to evolve it a little bit further? And that's kind of where HBD's place in
our ecosystem and now moving out of our ecosystem has come from? Wonderful, wonderful answer.
And yes, we are all worried about that black swan event.
And I've said that for some time.
Like, if Tether goes down, man, we're in trouble, right?
So yeah, you're completely correct on that.
And I think that's something that we that are in the space probably understand the danger
of more.
Because what's funny is the normies probably look at Tether as a safe haven, right?
Or any of those type of, you know, outfits as more of a safe haven as to where I think
people in the space, I just think we understand maybe the risks of different issues that might
happen.
All right, Joel.
Well, actually, real quick before we do that, I believe it is time for another giveaway.
I needed that.
I thought I tried to be...
No, no, you were.
People are like, it's not a giveaway until Joe does the...
The sound effects don't normally then interrupt
and keep talking after this.
No, that's okay.
They come in. Okay, backing out into it. Right there you go there you go do the homer simpson
get into the bushes there um all right well it is time for the second giveaway and remember this is
sponsored by the zipto foundation if you we're going to do this a couple more times throughout
the space but if you want to join in on this, make sure you're following the Zipto app
and Zipto underscore token,
the foundation account there,
as well as join the Telegram.
Follow our guests at at Hiveblocks
and at Dashpay
and anybody else that's up here on the stage.
These are some fire guests that we have here.
So make sure you look at their content.
And then with that,
I am going to choose my random listener oh i love anybody named forky let's go with that orky is here okay
uh i'm just gonna read his bio it says i'm the dark side fork it says oh it's a Hive community member. Awesome, awesome, awesome. So make sure you DM the Zipto Foundation app, or excuse me, account, and they'll get you
set up on that giveaway.
Congratulations, Forky.
You are the second winner of today's giveaway.
So congratulations.
All right, let's keep on going here a little bit.
Joel, I could really talk to you for a long time because of how long you've been in this.
I want to hear a little bit about scaling and the future of Dash and how you might use that
with Zipto. How do you see that dash will be able to handle when more and more and
more people are getting into blockchain just in general getting into crypto just in general
i think more governments are doing this which is making more inhabitants of these governments more
you know regular people start seeing that i want to get in too. And when they do get in, it can create scaling issues for some blockchains.
Do you believe Dash is well positioned
to handle the influx of new users
that are coming in right now
and will continue to come in over the next 10 years?
Yes, absolutely.
So before I jump into that,
I have to say that our first winner,
Michael Cluster is blowing up my DMs saying, I don't know how to claim my prize.
I don't know how to DM.
So what's the best way for him to actually claim his prize?
I think what we will do is we will get the – I'm glad he went to – he knows how to DM.
He's DMing you.
But it's the –
Yeah, I happen to personally know him.
That's probably why there you
go it's at zipto underscore token uh that account uh if he doesn't know how to dm maybe we can reach
out to him from the zip yes i would play dm because unverified x accounts might have some
issues dming people that don't follow them first so I see. I see. I see.
Just wanted to throw that out there before I get into the scaling nerd-ness.
Hey, hey, I like that.
Go on. Yeah, so as far as that stuff is concerned, so anyone who knows very much about the lifespan
of crypto, how things have gone, knows that there was this little thing called the block size wars in crypto
around 2015, when he set to 2017 or so.
And so that was right, right when I was getting really in the thick of things.
So I do remember the scaling discussions very much.
So as far as scaling to meet the world,
the quick cop-out taught that whole thing is,
I don't know if the technology
has been completely polished and invented that can access seven plus billion people today,
but by the time there are those people, it definitely will be there. So having gotten
that cop-out out of the way, Dash has a unique structure where it has two blockchains. It has the one main
payments chain and then a data-related chain. And so I distinctly remember during the 2017 or so
era when Ethereum was really starting to heat up and the CryptoKitties craze came through.
We had a lot of people using Ether as money or using it for financial operations here or there.
And then there was a crazy frenzy around these proto-NFTs or whatever you wouldn't call them.
And then the entire chain was basically over clogged for a couple of days. And so that means that if you
wanted to access your own money, you wanted to practically use your own money, you couldn't
because a bunch of cats got in the way. So first of all, there's that kind of helps to have two
different chains that operate independently and have very different structures for different purposes. Because I feel like these days we've kind of thrown everything onto either one chain
to where this can kind of happen or potentially you have trade-offs on one that you don't
necessarily need on the other.
Or you have just a million trusted L2s, again, not calling anyone else out Ethereum, but
you have a million trusted L2s where now you
have to juggle 800 chains to be able to just use your basic stuff. So having those two different
chains definitely helps to be able to scale the use case. And so regarding the payments chain,
right? Long ago in 2016, I believe, Dash's founder, Evan Duffield, put a governance proposal to basically say, do we want to scale on chain or do we want to do layer two scaling?
And it was overwhelmingly in favor of the on chain scaling approach. UTXO based chain like Bitcoin, scaling for basic payments and things like that is much easier than an account based chain because you can't get super technical.
But basically, you don't have to just keep up with the global state for every single transaction.
There's a lot of parallelization you can do.
lot of parallelization you can do. And in 2018, 2019, I think it was 2018, the University of
Arizona did a study where they simulated for the Dash blockchain specifically mass scaling with
just a few different scaling methods and were able to reach pretty high payment levels without any kind of significant block orphaning happening.
And that was way back then.
In the more modern time, Bitcoin Unlimited's Peter Ryzen has done some research into basically
custom node, not mining, but node scaling hardware that would be very low cost, like
a $10 or a $30 chip you put in your computer that would be very like low cost, like a 10 or a $30
chip you put in your computer that would allow you to parallelize signature validation, which
is one of the biggest scaling bottlenecks.
And so that could add super like mass scaling to the payment chain.
Now, as far as the other chain, Dash has something called uh it the the data chain is um sort of loosely cosmos based but um
diverges significantly uses something called a scalable byzantine fault tolerance as opposed
to practical byzantine fault tolerance which is what cosmos uses which basically has a rotating
quorum of these nodes the evolution master nodes that run the evolution chain
that go and provide instant,
basically one second permanent finality on transactions.
And that can allow some pretty significant scalability
for the data side of things on its own.
But of course there's always the option
of doing execution sharding, things such as what chains
such as, for example, MultiverseX, I believe Nier as well.
But again, I'm not super up on all the most modern blockchains,
but those can do.
So basically I'll just summarize that.
You have a very scalable payments chain
and you have a very scalable data chain and you can run both use
cases in parallel with the same network with the same currency in the same basic validator set that
kind of runs both and the next challenge is to make sure that we actually get those users though
because yeah I kind of feel like we're in the modern age where even some of
those chains that have the most users like for example solana also have something like 80
fake transaction volume or something like that there's a lot of fake it till you make it
and so the very high level tps uh type thing is it's very much of a meme right now because
everyone's like oh who can who has the
bigger i mean scaling problem you know and then everyone's measuring scaling right there and no
one's really getting all those users yet in like real legitimate users so for me that's a that's
a social problem more than a technical problem a sales problem maybe and i think that that's
actually harder to solve than just linearly scaling a
blockchain. Very, very interesting. And I think Dash, you kind of went right where I want you to.
I think Dash has some unique ways of handling the scaling difficulties. The fact of the matter is,
you know, when you've got a group like Hive, you've got a group like Zipto that is trying to get people to accept and start
using crypto every day, it's going to bring in these scaling problems. And I know Dash being
kind of an OG in the space, I know y'all have kind of thought about this on some level. So
thank you for that simple to understand yet technical answer. Because I think it's important
as we think about that with Zipto where people can just make payments so easily with numerous different chains, it brings
in more and more and more users. And this is happening for all kinds of reasons that don't
always have to do with Zipto, but Zipto is certainly one of the big reasons that people
are starting to use their crypto more and more for their everyday transactions. Not that it couldn't be done before, but it's certainly the ease of which
it can be done is easier than it ever has been before. All right, Krimi, let's talk a little bit
about real world integration also, which also brings in a kind of a scaling concern. But I
want to talk about Hive. It already has its use in like
gaming or social media or even content platforms. What examples do you have that people are using
Hive that you think are bringing in like the most users that you're seeing? Can you, can you give me
kind of a, this is your chance to kind of brag a little bit, I guess, about Hive about what it's bringing in a lot of users with. Yeah, absolutely. Well, I can almost kind of shape it as what can
you build? What are you wanting that exists now that doesn't touch or isn't adjacent to the
blockchain space? And that's usually a pretty good indication of where people are really drawn to.
And I was just kind of chuckling
to myself while Joel was answering because normally the two of us will be having a conversation and
where we get chitty chatty together. So this is really interesting to have a format where we're
kind of passing each other like ships in the night. But sort of speaking on the Dash front,
they actually have a community on Hive-based platforms and are able to use social posts and community posts to help get Dash users, A, making content about Dash you know, a blog or a forum, or I have a place where
people are chatting on Facebook or Reddit or whatever. But I also want a place where I can
distribute crypto rewards, or I want a place where I can kind of bring people off of the really
predatory existing social media. But that aside, the biggest use cases right now are 100%,
I would almost put gaming number one at the top. Splinterlands is one of the biggest OG games in
the world for crypto gaming. Almost 5 billion games played on chain, zero fees paid by anyone,
by Splinterlands or by any of the players. Most people that jump in
that's a normie, they don't actually ever realize that it's a blockchain game. And that's a really
cool way for people to love something first, to learn about crypto on the side. And then,
oh, well, I played a Splinterlands match and I got a really cool card. And it turns out that
that card is an NFT, so I can earn on it. And then
I could post a blog about it and find out who wants to buy it from me. And then I can challenge
those people in matches. And then I can follow their content. And it turns out that we both like
knitted tea cozies. And now we're going to become buddies about that. Whatever. So any one of the
sort of funnel or entry points into blockchain use automatically opens up the wider ecosystem, which is how people learn about things otherwise.
But some of the other really, really cool initiatives that we see a lot of are people who are paying business to business or person to person all around the world.
all around the world. You will find small companies who are offering Hive or HPD cash back
if you make your purchases in person and then make a review on the blockchain that they can
then pull into their site. There are really cool debit cards that are popping up that are
pulling entire communities together in places like Venezuela or in Europe. So realistically,
everything from gaming to the way that we just go and, you know, get our little sweet treat for the
day is where people are building really cool things. But what we do find is the use cases
that are bringing the most people in are the ones that feel the most like what we do already.
People are sick and tired of these legacy apps or companies taking advantage of them.
They're sick and tired of having to, you know, try and guess what the daily runner is and buy a lottery ticket.
They want to come into a space where they can dip their toe in gently by posting a cat photo
and then maybe earn like three cents worth of crypto and make a new friend and then learn
all the rest naturally.
And it means that we have these really passionate people who understand crypto so much better
than they would have if they got caught up in some sort of terrible pyramid scheme or
tried to just Google the first result. You know, here's the thing. It's almost like you're using
the Trojan horse way. Is there? 100%. They're enjoying themselves, right? They're actually
out there enjoying themselves, doing things that they might have done already. But really, behind
the scenes, blockchain is happening, right? And whenever blockchain happens,
people tend to kind of fall in love with that side of it.
And then they become one of us, right?
We all can pound the table
and start chanting one of us after that.
All right, with that, it is time.
I can't do it as good as...
Thank you, they're perfect.
You need the remix horn.
Joe, try that.
Yeah, oh, good. Oh, I know. thank you they're perfect you need the remix horn uh joe try that barrel oh good oh i know yeah
i can't do that one i can do it like a um i can do like a kind of sound but that's not really
appropriate let me just say joe and primmy perfect all of y'all this is a recorded space and our
All of y'all, this is a recorded space and our future sound effects may literally just be you guys doing that.
That could be great.
We could build up a library of human-made sounds.
That's correct.
That's correct.
It's all about community, bro.
All right.
It is time for a giveaway, another giveaway.
This is our third giveaway that we've done during this space.
So this and every Zipto X space is sponsored by the Zipto Foundation.
For those that have won, they have followed the Zipto app and the Zipto Foundation account.
They have joined the Zipto Telegram, and they've also followed our guests,
which is at Hiveblocks and at dash pay as well as creamy and
joel as well so make sure you uh do all of those things and with that i have randomly selected
another account that is listening right now and it is i'm gonna read this as okay
pi squared okay because that's what it says to me it's at ok z i x x but it says ok pi
squared uh make sure that you get in contact with the zipto foundation account and you have
one here with the third giveaway that we have done today here on the zipipto Foundation sponsored space. This is, let me just say this to both of our guests.
And I just typed this into the group chat I'm in
about this space.
You two are some fantastic guests.
And I could just say that
because I just want to kiss your butt
and that sort of thing.
But I'm actually gonna tell you
why you're really good at this.
Both of you have been able to tell me technical answers because some of the questions I asked,
Joel, that one I asked of you of scalability, that is a technical type of question.
But you answered it in a way that I think a normie would be able to understand.
And Krimi, you answered some of the questions that i've asked of you about like how are we
really getting people in you're actually answering it in a way that i think people will be like oh
i get that now i completely understand that so not only are y'all knowledgeable there's a lot
of people that are knowledgeable not everybody that's knowledgeable has an ability to be able to
share what they know you know they say if you really want to learn something teach it all right and i think you guys are really good uh examples of that y'all have done fantastic with
that all right just and i'm going to hop in and just just say that i would recommend that everybody
listening uh should go and check out the uh crypto made easy by zipto podcast episodes with hive
which was just published two days ago.
And also with Joel in the, in the dash episode,
you get even more deep insight into,
into their knowledge on, on both projects.
And as I'm already speaking, I'm just going to say that,
no, this is one of the great things.
So I see a PI squared.
They're probably from the PI network community.
Who's won one of these giveaway prizes.
And that's going to be one of the great things about doing these spaces rather than just our
podcast, which is that we can really do a lot of cross-pollination amongst all of the different
communities with whom we engage and teams and blockchains that we integrate and work with on
a daily basis. Because the guys that you're listening to here,
you hear them speaking in the spaces,
but you don't know everything that's going on behind the scenes,
how involved they are in making actual real world things happen,
like getting their chains out on Zipto
and make sure that their communities are taken care of on there.
So, and lastly, I was just going to say that we're going to try and keep these spaces to
a snappy kind of one hour format.
I really appreciate you guys coming on today for the first one in future episodes, episodes,
do you say that for spaces?
In future spaces, we're going to have like, we'll have more like introductions and kind
of analysis of different specific blockchains and other projects.
We'll also have kind of more general conversations about crypto adoption, making it inclusion and things like this, which we've touched upon briefly on the podcast with Hive the other day.
And I think it's something we all need to talk about.
We'll get into things like philosophical discussions on how we can represent value in different ways
uh which is something that all of us here are very interested in uh so we'll try we'll have you know
a variety of things and i really hope that we can have uh both crimi and joel with us uh with you
know decent frequencies it's always a pleasure speaking. I would love that because I always want knowledgeable people that can speak easily.
Um, and, and, and very understandably on there really appreciate, I want to, uh, um, emphasize
what you just said, Jill is the, the format that we're going to have on here.
Sometimes there will be a theme, like he said, and we'll be able to talk about that
theme other times it'll be a guest and we can learn a little bit more about the project that we have on that guest. This gets into what
the Zipto community is all about. We're going to learn about other projects, but sometimes we're
just going to learn about the ethos of crypto in general, or maybe a certain topic or anything like
that. So it'll always be, I always want you to walk away from this hour being like,
hey, I feel a little entertained. I feel a little educated. I feel like I learned a little something
that maybe I didn't know before this hour. And that's kind of our goal with Zipto is to be able
to, or at least with these spaces, to be able to have you be both entertained as well as add to your
knowledge base. Before we wrap up, Joel, I want
to just give you one last little chance to talk about Dash and Zipto and how they integrate with
each other and try to keep it short because I'm going to throw it back over to Krimi and we'll do
the same thing and then wrap up. Yeah, absolutely. So Dash is supported in Zipto, obviously, the app and the website and all that stuff. And it's been particularly useful. I know a lot of, I'm not going to call them out specifically, but a lot of people listening to this space right now do use Dash and Zipto together.
I, especially, I would say the bill pay function is something that it kind of stands, you know, as a unique thing where there are a few different bill pay services around the world for crypto, but they don't nearly have the reach that Zipto does, and they don't nearly have the accessibility or ease of use on that stuff.
or ease of use on that stuff.
And so definitely anyone,
especially anywhere in the world
who's looking for any way
to pay their bills with crypto,
I would definitely say use Zipto
and do it through Dash
so you get your payments instantly confirmed.
You can use privacy
and all the other cool stuff.
Now, just to reiterate the thing
that I pinned up at the top,
we're doing a self-custody giveaway.
So download the Zipto app,
buy some Dash, withdraw to it,
and post it here, tag Zipto and Dash, and you'll be entered for a giveaway from either Zipto for
these vault key card, basically 2FA for your wallet cards, and some Dash. And by the way,
you can do that on Hive as well, because we're both on Hive. You can attach Dash Pay is the same.
I've been saying tag at Zipto, but I don't know if there's a better account on Hive as well, because we're both on Hive. You can attach Dashpay is the same. I've been saying tag at Zipto,
but I don't know if there's a better account
on Hive to tag.
Is that the best one?
Yep, at Zipto, that's best.
Perfect.
So yeah, that's all I really have to say.
Awesome.
Awesome.
Well, I appreciate you, Joel.
And I love it where you're like,
hey, you can work with Hive as well.
It's like you can really see the synergy
between all the guests in Zipto as well.
Krimi, let's give you a final word about Zipto and Hive and this partnership that has sprung up, I think, a good partnership.
Yeah, absolutely.
And as a Canadian, it's fine that I can't use the bill pay.
It's fine.
I'm fine.
That's a huge one.
Honestly, it's one of the most exciting parts of the Zipto integration is, you know, Hive
is truly, truly decentralized.
And that often means that you have to go out of your way to go find it, to use it, to get
involved with it.
And Zipto has really kind of opened the doors for our U.S US users because, you know, especially in the US with some of the
attitudes around crypto and getting involved in that financial landscape, our US users have been
really looking for ways to start using their hive more widely and Zipto just threw those doors
wide open. So it's fine. I'm jealous. But it's a really exciting way to kind of take all of these exciting
things that are happening on chain, these fast fee list payments, where people are using earning
crypto using crypto, sending crypto and value all together. And now being able to do that inside of
a wallet app with some of their other favorite chains and other favorite coins and all of that,
their other favorite chains and other favorite coins and all of that, where it doesn't just need
to be another sort of custodial, unsafe option that kind of leads people down the road to using
crypto in a way that actually harms them instead of helps them. So we're really excited. Obviously,
Hive as a blockchain is a place where we are trying to get more chains using completely open source,
free decentralized software. We are very much for the multi-chain future. We want to see
crypto expanding. We don't really care too much about how that happens as long as it's in a way
that lets people capture value, send value, act freely and be sovereign.
Love it. Love it. Love it. Gosh, you could, you could feel like that needs like some backing music.
Some gospel music.
Yes, that's right.
Like towards the end, I was.
A choir.
This is exactly what we're hoping here.
In these spaces, what we're really hoping is that they serve as a meeting place for projects and communities so that we can remember that we are crypto together.
You know, this is a, the DeFi community is two segmented nowadays.
everybody's just shouting from the rooftops to buy their particular thing.
Everybody's just shouting from the rooftops to buy their particular thing.
But that's not how we're going to build a more decentralized,
more inclusive financial future for the entire globe,
which is what we could do if we all work together.
100%. Gosh, you need the gospel singers behind you too.
You need the choir behind you.
I was hearing it, you see.
I was hearing it in my mind. Right, as saying it and then it just came well as a i was as a first
episode i have loved this uh i really enjoyed uh speaking and meeting with you uh joel as well as
you krimi both this has been some really good conversation here's what i would recommend
everybody do make sure you're following everybody here on the stage, but especially the Zipto token and the Zipto app accounts, because the Zipto app
account, that's where these future spaces will be originated from. That's where they'll be hosted
from. So make sure you're following those so you can see us or at least talk to us each and every
Wednesday at this very time.
We're going to have some great guests on here, and we'll also have some great discussions as well.
Congratulations if you won the giveaway today or any of the giveaways today.
Make sure you check out that Dash Self-Custody giveaway up at the top.
That will give you a chance to really get into the Dash ecosystem, as well as potentially win the Dash self-custody giveaway.
With that, Joe, anything else you want to say before we all salute everybody
and head into the cryptosphere?
No, just once again, say thank you to you for agreeing to do these spaces with us.
I'm really pleased about it and i'm
sure they're going to be fantastic just as this one has awesome awesome awesome i am glad to be
here i really am i love love working with zipto and i love learning about some of these other
projects it really uh i hope that i can almost assure you that i get as much out of it as anybody
listening because i'm learning a lot i'm in a great position where i actually get to talk with
uh very very knowledgeable people and ask them questions. And I get to ask
the questions that I want to know from them. My only thing that I'm trying to do is make sure that
I'm asking the questions that everybody in the audience actually is asking in their heads already.
And I have to be kind of a mind reader to try to ask those questions of what kind of the community is wanting to know.
And hopefully I can do that well. But I'm excited for this. With that, everybody, hey, you can still
share out this space. They can listen to it recorded. They don't have to listen to it live.
I think they would really enjoy that. So make sure you do that on your way out the door.
With that, appreciate all of you guys. We will see you next Wednesday and also drop into the Zipto Telegram.
We're just there on Twitter.
Say hi, and everybody will welcome you with open arms.
Brilliant.
Thank you so much, everyone.
Thanks for coming.
Toodles.
Later. Sip to the world, slip to the world, slip to the world. Þvà það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að það er að þa Thank you.
