The State of Chia from Business and Technical - Recent Announcements + Future
all right i hope everybody's having a great saturday here so i wanted to talk really quick about a couple of things that i decided it was a good time to go back and reread the white paper now i had read the white paper in i guess it was the end of april uh sometime in that time frame beginning of may something like that and i kind of glossed over a lot of it and i think a lot of people might have or i just forgot what i had read um i think it's a good time to go back re-read most of it and now let's use this as a benchmark for evaluation so we're going to talk about a couple things today we're going to talk about where she is at in my opinion with what they've been announcing currently with the carbon credit partnerships and the build out of the technologies for the world bank we're also going to take a look at what their future vision that they've stated kind of encompasses we're also going to talk about what the pre-farm amount is how the pre-farm by them is envisioned to use and what kind of aspects of the pre-farm they're going to be able to leverage in an initial public offering all right so let's dive deep into this the first thing that i want to talk about is where chia is with some of the things that they've been doing so they kind of set out a road that did encompass a lot of things that they were going to be sectors of target let's talk let's call those areas of interest for a business and that's pretty good to do for any business because you're not going to want to win every single person out there in the world that's kind of an impossible thing setting some specific niches is really important now as everybody knows chia is a very well funded at this point in time startup company that is maybe in a series a or something like that stage i'm not exactly sure if they consider themselves to be in one of those stages but let's just say they're like a series 8 at this point in time so they have actually some pretty big vcs backing them now one thing that you want to do when you're picking a company that's going to be a vc company or an investor in you is you want to pick somebody who has a strong network of connections that you're able to utilize that align with your value propositions of your product and also connections into that industry so say you're developing a biomedical device you would want to make sure that you're working and partnering with a vc firm or an investor who has strong connections in biomedical because who you know is how you get places in the world so they know that and they've got a really good sheet of people that have actually aligned very heavily in finance uh business fight business and banking finance uh especially the environment is one of the major concern groups that is out there and so i believe that we're seeing the manifestation right now of the connections that they are able to utilize from their partners possibly they even have these own connections on their self on their own but my guess is that they have really good introductions that are being made for them and that's something that your your your vcs do for you that's something your investors do for you they introduce you to people in their network who are interested in what you're offering or might be interested in what you're offering those are fun little dinners and usually involve a lot of drinking by the way i recommend everybody goes down this path come up with an idea apply to y combinator and put it to use because even if you don't get accepted into y combinator they have a really killer online program and you'll be able to learn just a tremendous amount by going through that so i believe that that is where we are at we are seeing that manifestation of them exercising the connections that their either vcs are bringing out and they have finally you know been able to publicly announce how long this deal has been in the works i would guess it's not a short period of time that they've been talking with the world bank and even costa rica i would say that those have been in the works probably for a good period of time now does this book revenue for them that's a different question so i would not be surprised if neither of these book revenue for them at this point in time because they are building out a technology that does not exist and for a company to build out a technology that does not exist on a one-off basis that would not align with their core principles or their core mission goal would be dangerous however these are along their core mission goals so getting into carbon market carbon market trading and the ability of people to transact internationally cross border through countries in a decentralized fashion with a trusted pure centralized kind of database which again when they said decentralized centralized there was some things that it might have been a caveat there that people didn't quite catch on to they have an arbitum that basically is a ability to synchronize different databases onto the chia block chain so that i think is what they were talking about when they said that when gene said that during that and i know that there were some people saying that didn't make any sense but i think actually it does make sense if you have been following along with like the minutia of the project on a high level of blockchain that probably doesn't make sense but on the minutia that does in my opinion that's what they mean is the ability to synchronize key value pairs through their blockchain which is going to be a centralized location for people to query data but it is available on a decentralized blockchain their ability to follow through on this is impressive because these are big clients now costa rica probably is not the biggest governmental client in the carbon credit space i would imagine the european union has most of the biggest players in this space uh and i'm not sure who would be after them but i would imagine that uh the european countries would be the biggest ones so by starting with a country as a good test partner so this is really where you're going to be uh dog fooding some technology getting some onboarding getting feedback building a better product i think learning what the edge cases are and there are not an insignificant amount of edge cases in the carbon markets i've actually done a little bit of research on this this is one of the most contentious markets out there as far as what people value how people value it and what the consensus is on them accepting that so this is a hard edge case to develop for costa rica so that's a good place to start with a smaller yet you know very they've been doing this for a long time in costa rica that will give them the ability to refine the technology before they try to present it to larger potential revenue booking countries now going through the world bank this gives them kind of something they needed this is an ngo they needed to have a basically big bolster behind them and so it's really a one-two punch and you have to land that one-two punch if you're gonna be credible in this market space chia has done this you've got to say their ability to execute on market planning is spot on so that is them following through with their plans that they've publicly stated that goes into the plus mark for a check mark as far as what their capabilities are to execute technically okay so let's move on to some of their next stated goals and evaluate where they may or may not be so they've talked about and the draft standard for cat one which don't get this commu confused with your feline friends but cat 1 standard is coming out this is the chia assisted token this is the equivalent to the erc20 ecosphere out there so things that are built on the erc20 ecosphere are essentially what has in my opinion added so much value to the ethereum ecosphere as well as having a huge base of captive miners who have a place to spend in the ecosphere so by going proof of stake here whatever the merge or whatever that's going to be a completely different topic i'll just say ethereum shooting themselves in the foot if they do that i can't think that they don't know that and i can't think that this is not why this is the i believe now third maybe fourth time that they've postponed doing this over the many years so losing credibility because of bad decision making at the executive level and can being inconsistent is also another thing that i think you gotta you gotta peg ethereum as having that they do have a huge minor base their huge miner base has huge liquidity and value in what they mine and they have the impetus to spin that so fungibility of their tokens on the erc20 network makes things very easy for people to transact through now chia with the cat one standard that's coming out is definitely going to be ahead of a lot of other competitors in this in this space so i think you're looking at the cardanos and stuff like that where we're going to see chia have a technology that's technically superior to them now the ability to have this publicly transactable is something that's really beneficial and that's because of the bls signatures now the same kind of pain point that you see with exchange listings the bl signatures is also a huge security feature which makes chia on public internet something that is secure and auditable to be secure and passes most of the validation checkpoints that you would see at the most rigorous standards so governments have different standards like things like dod 5015 i mean there's a lot of different standards that the government has adhering to those standards if you want to play with government is something you must do as a technology provider it's not like a maybe i'm kind of on the border it's like you check the box or you don't so being in the bls 2 camp they actually have built the technology ahead of where the curve is for the standardization of cross communication channels now defy and decentralized exchanges these are built essentially usually upon this as well as captive markets like nft marketplaces and other things as well as other coin offerings so say you wanted to offer a yoshi coin on top of the cat one standard and have it all just be about my cat i mean you could do that because that's essentially what you're able to do you're able to through chia lips interact with the chia block chain and in a smart contract bind the rest of the the offering out there for the offering value pair so you don't necessarily have to have the gigantic everything blockchain yourself now that's really cool right because that makes it easy to do because boy launching something from the ground up like this that's kind of hard to do so i think that what we're seeing here is that we will have a rapid adoption of new technology partners i think that's what's coming on the cat one or future cat standards now i think that they're kind of going to be in a beta phase for the cat standards so i think most developers out there are going to be a little bit leery about going full force on what this is but this is really a learning and exploration phase time for them and it's certainly going to take time to get some proof of concepts and get the concepts of how to program this down in a safe secure manner and also a manner that you know can pass chia's verification so they're actually offering a validation point for tokens on the cat1 standard so this is actually really big because they're offering a independent set of eyes to look at this and verify this that right there is in my opinion a game changer for where you are going to see security of uh kind of dex and defy go as well as you know some of the things that are out there that have kind of been sticking points as far as security for a lot of other tokens a lot of other chains i think that chia has got a really good way to help get extra eyes on that does that incur extra liability i don't know so that is in the plus column with possibly a minus minus column little part which is is there incurred liability by doing that so next let's talk about international bank transfers i think this is the hardest one now if you've seen chia's hire sheet that they've been putting out you know bringing people on so many of these people are involved in in finance and so they have finance backgrounds and they've worked in finance now oftentimes you hire in people into a you know from the triangle if you're going to be working with that kind of an industry are you able to compete also with the lobbying aspects of that on a governmental level is something that's really important so banks definitely have a huge lobbying interest and they are very well positioned and i do not think there is a single startup company that would ever be able to challenge that uh just based upon the amount of money spent and most of the laws are actually kind of written in think tanks not actually by senators or anything like that and the think tanks are sponsored heavily by the lobbyists and these industry groups so those usually are how laws are adopted it does suck but it is also the way things roll i don't think that we're going to see that that's going to be changeable easily by anybody out there i think banking and attacking banking or going into the sector of banking certainly trying to become an alternative to swift is a huge challenge i don't think that's one of their like early up goals that they're going to be able to achieve that's just my perspective on it of course there's not been any statements about this but there has been some lofty talk so we'll see what could happen out there but international remittances is something that definitely would be an interesting sphere to get into for a blockchain uh but i think this is like the top of the pyramid as far as targeting things i think there's lower hanging fruit that puts dollars and cents on the revenue sheet now let's talk okay so we're talking balance sheets let's talk about listing of your company on a public exchange let's tie this into where the pre-farm is so i've been consistent in saying the pre-farm's not a big deal because this is a credible potential ipo company now maybe that kind of this and i think that is something that let's talk about deeply let's dive into why that is when you look at your initial public offering you're going to get a valuation now this is not something that you're going to just come up with yourself you're going to have partners that are you know finance bankers that are going to be taking you down this this road for your ipo they're going to be helping you determine a price and their price that they determine is going to essentially kind of be where you're going to be if they're going to go through them now having a large pre-farm gives them equity equity is dollars and cents now do you want to take a company private or public that has essentially you know xyz number of contracts uh that may be in the several millions possibly tens of millions even possibly you know in the low hundreds of millions at that time it's not going to be a huge offering that that's one thing that i think when you're looking at the balance sheet side of it their ability to chalk up wins on this side that are going to be replayable like the carbon market that they are working on right now this is replayable they can actually take this playbook they're developing go approach other customers know what the edge cases are and talk with credibility to the stakeholders in it and possibly make transactions and sales i don't know what the global market space for blockchains providing technology for arbitrating uh the carbon transfers is i don't know what that market sizing looks like that is a very niche kind of market sizing i don't even know if that market sizing is like available out there they probably haven't determined their own internal metrics for it but that playbook is able to be replicated with bigger and bigger partners so you know bringing costa rica on developing a playbook getting them on chain having good feedback from them are things that when they walk to their next customer they're going to have to have those their next bigger customer they're going to have to have those already done and so this is a really good important stepping stone for any company is can we just execute on the playbook and refine the playbook and grow the customer base without having to have too many edges that have to be filed off every single time for every individual customer because that takes engineering resources and that is expensive and every company has a certain amount of runway and we can see that chia has a certain amount of runway they have not yet gone and gotten another round of funding to my knowledge and they are not spending the pre-farm on any development cost they're not spending the pre-farm on anything let's be clear about that so by having the pre-farm locked up in a smart contract also they're able to say this is an equity this is an asset we're going to put this in our balance sheet now when you're talking about the balance sheet and you're talking about x amount of coins in the millions at x dollar whatever the valuation is that's a long-term asset and that asset is actually something that will be part of that evaluation that goes into their initial public offering because that is essentially them holding a very large asset that is why they have a prefab that's so big so i hope that it clears things up about why i have consistently said throughout this entire time that the pre-farm is not a big deal because they are a credible company going for an ipo and i wish they would actually dive their messaging way deeper than they do i think they're too surface level saying things and i think they need to dive way deep into the technicals except to say hey you know this is the balance sheet this is what we think that our balance sheet i mean maybe they don't have to talk about revenue or anything like that but the concepts behind that i think they should do a better job of getting that message specifically out there to people so that the pre-farm stops being such a big contentious point for people that think that they have an idea of what it's used for when they have zero idea of what it's used for so one of the things that i missed about chia and specifically chia lisp early on was that it has saa ssae 18 sock 1 and sock 2 compliance reporting built into it as a capability there are other languages out there for this i believe cobalt is the programming language also ancient in its origins but completely vetted in this regard most banks are actually on that kind of a system uh and for that to be used as gaap generally accepted accounting principles and ifrs so that is essentially being looked at for from a financial standpoint of a financial institution so those are two capability sets that definitely having all of the advancements already in the chia programming itself it's going to be a big big boom if somebody decides to take them on because the compliance aspects of it are there so it's still i think a hard sell but it's not a hard sell from the technology can't do it it's a hard sell from you should do this and those are two different hard sells i would put that in a plus and the minus because banking industry hard to communicate with and also plus because you got the technology stack to do it so it is not an impossible task it's not like you're walking in and saying i can fly and jumping off the top of a building with nothing but a backpack and no parachute um so i think that's really a good thing i think that that right there the compliance that's been built into it i don't know when we would expect to see the first banking customer brought on but i am really interested in when we might be able to see the first banking customer brought on now let's talk about something that i think is in the negative column and that is the ability for people that are interested and capable out there now maybe it's also in the plus column because you got to train up a developer base especially with something like chili's that is kind of new to everyone uh maybe list programmers have like a foot in the door that yeah something uh but you know i would say that there is a big train up period for people that are entering chia lisp or going to be writing cheerless but we're going to be interacting with smart contracts in chilisp so that is something that when i would approach a pro project i would say does this level of understanding really kind of vet out my capability set and yeah usually my capability set is i'm learning through a lot of experience and that experience is something that i'm able to learn by looking at other people's examples so that's this kind of level of programmer not this kind of level of programmer as far as understanding so that is one thing that i would say is yeah i don't know if it's by necessity going to have to be in the negative column because of the compliance levels that they've been targeting for things uh i think gls was definitely a hard choice for somebody to bite into now they have brought on paul ford and paul ford is working towards producing more documentation and more information out there hopefully at a level that is consumable by the public by people that are even programmers in other languages like php like me that can understand things a bit better about how the chili's aspects of of things work you know more kind of documentation around this is an example of a blah so those things would be just really they're not quite there yet and i think they're going to get there and i think hiring somebody who's really focused on documentation production of a community that is geared towards bringing up the developer base was a really brilliant move and i from all can from all aspects of what i've seen so far paul ford is doing a great job there at chia in doing and executing on those now let's start kind of talking about semi-related but not necessarily related the forks the chia forks ecospheres out there are numerous and what you're seeing is a lot of people that would have that capability set for programming on chain immediately with chia have been actually working with forks that's where a lot of the developer base is actually kind of at at the moment there are some people doing some wallet tech and stuff like that but it's not a huge base of people that i'm aware of that have chia lisp exposure now people that are working on some forks are actually writing certain types of smart contract things themselves into things right now so that is interesting because that is a level of understanding of chilisp that is not necessarily at the moment going to be applied directly to the chia blockchain because that developer has an incentivization to stay on that fork at this moment because forks are doing well i think there are actually mini forks that are doing quite well and i think that that was born out of miscommunication of what the pre-farm is now i would also say this those forks face numerous challenges out there if you're looking at stycoin they just have recently and this is one that's doing everything right in my opinion because they are going the compliance route they're in germany so compliance big thing uh and they're doing everything really you know they've set up an svp they've gone and they're looking at their baffin license they're doing things like buy the book that is going to be critical for any chain to be successful out there now i am thrilled with what hdd coin has pulled off i think hdd coin has executed on a vision that is impressive and i think that we're gonna see that with some of the other coins that are coming up recently uh i know that the tribes is going to be on i believe it's elbank they announced that l bank was going to be their partner for a listing that is pretty cool also so the ability for fungibility and interchange throughout larger exchanges is a key component of success in that sphere as well having a developer base who can make something captive and interesting so you can see some of the gameplay tech like i think in chain i think uh chives i think there's a couple others that are actually working on specific captive games uh and nfts for their marketplaces so i think that we're gonna see those be really big pushers out there in the sphere for what advances the technology set forward not necessarily developed on chia's blockchain but on a fork now why would you want to run a fork so by controlling the underlying tokenomics of a chain of a token you're going to see that people have that capability to really dictate more things than you would have essentially with chia so certain aspects of writing something on chia are actually kind of dictated by their exchange presence now their exchange presence is not in my opinion horrible but the big ones the big like coinbases uh binance we still have not seen them and apparently we're not going to see them until bls2 while signature support is supported now i'm not sure uh exactly everything underlying that but i have talked to some people that are pretty smart about that as a matter of fact chris over at the chiaplot.net is pretty smart about that and you know he's indicated that there's hurdles there uh it's not just something you can even necessarily create yourself so i'm not even sure that chia could write their own wallet and give it to one of these people and then say yeah we're going to take this and integrate it so that really is kind of a big stumbling block hurtling block something block that you have to factor in now by looking at the forks out there they're not able to necessarily to get into the big exchanges but they might not have ever been able to get into those bigger exchanges at any rate that may not even be their goal like decks might be their goal uh and by them being able to you know wrap up their coin in something and offer it out there on one of those you would see that they're capable of actually achieving that now that's controlling your underlying tokenomics if you're geared towards game fi or something like that being able to control the reward structure say you just get a single xch for certain of them out there some of them give out more some of them get out less but those kind of interesting aspects of it are what we're seeing a lot of people bifurcate into in the forks so i think there is you know a maybe the assessment of it early on was accurate when it was just flax and you know goji and spare and a couple others that really you know they they weren't going to necessarily manifest into huge things but the hdg coins out there the chives out there those are people that are taking things seriously those are the people that are actually moving towards executing things at a level that you will see uh the capabilities of developers possibly spent over there on those resources instead of on the chia blockchain now at the same time that's not necessarily a negative you don't necessarily want to dog food and train up your developers from xero all the time although maybe you do with a brand new language like chilis that might actually be a good strategy i'm not sure but definitely there's people out there that'll be learning and applying chilis in these different avenues that could potentially go out there and write things directly on chain for chia so a developer's life is not spent just working on one project usually so hopefully those people will progress and write things that are interesting and cool for the chia ecosphere as well so that's where i think that's where i think we're at and so i don't know if i chalk that up in the plus or the negative it's probably both a little bit as most things are in life so if we look at where the price of chia is today we can see that chia's price is in the 163-ish range we can see buy box is the big trading partner down here again 24-ish 23-ish percent of the market volume out there let's recap real quick on where i'm at i'm hitting blocks on those forks i am not hitting blocks on chia and that stinks a lot but at the same time i am well so well inside the should have won but have not won on shia that you gotta start thinking is it something else and i have been thinking really uh after reading the white paper it might be something else so i am going to be endeavoring over the next couple of days here after i get everything wrapped up in those videos shot to be doing an interesting little project so that interesting little project may or may not increase my capabilities of winning only time will tell so i hope everybody's having a great day go back re-read the chia white paper if you have not read it i think they're actually hitting their points that they said they were going to hit i think they're moving and progressing in a way that they said they were going to so a corporation being able to actually execute on planning and strategy and be able to lay that out ahead of time is impressive they haven't had to have like large pivot points here yet so those are good things they're developing a playbook certainly for carbon markets will they be able to develop playbooks for other markets and what do those look like those are things that we were watching watching with like really big interests certainly the cats and i mean we got marmot out there so i guess dog fooding some of this tech out there in testnet early on but certainly the cat standard coming out and being available and executable by people and being able to be run by people on almost all of the chia clients there is a caveat that came out about two of the chia clients so i believe it's point eight and point nine maybe it's point nine and point ten but basically it comes down to this update your client uh so that's always good advice out there because things are moving and your ability to utilize cats on network is going to be dependent on that and somebody asked me some questions that i thought i would just take a little bit of time and wrap up some of the questions that i got in a kind of faster for me than trying to write them down can og plots be farmed on the latest client yes og pots can be farmed on the latest client and they will probably never get rid of the ability to farm og plots i believe og plots are in the long term plan out there do you need to update your client past i believe it was .7 no according to them if you want to even be able to play with the cat standard 0.7 may or may not work uh i would expect that you're gonna have to have an updated client when actually the real standard comes out because that would be smart for chia to push people uh in that direction and make that kind of a minimum threshold of hurdle to push adoption of their latest client out there the latest clients are able to do things that the earlier clients not so much able to do so another really good question that came to me was where price so where price let me get out my crystal ball i see good things so i see price as being reflected by a company's ability to execute on plan follow through with things and turn people into customers and those customers to pay and them to be able to collect so if they hit those elements which it appears they're walking the walk now this is not them running the run but this is you know the stages of development of a company i guess you roll around on the ground learn to stand up learn to walk and learn to run and you know they they're standing up uh and they're going to be starting to walk the walk here very shortly will they be able to be the market leader in certain things and run the run that kind of is going to be hard i mean if they're competing with things like swift that is a pretty big target set of goals now there's secondary markets that don't necessarily utilize swift um do you run into compliance at issues if like interpol and stuff like that and the ability for people to choke transactions governments are kind of weird and there's a lot of things that surround swift that you know people like to flex on so the ability to utilize swift to kind of instrument certain government policies is something that exists out there will that be a impetus for change or will that be something that chia will have to work into i don't know i mean that's a complex question but as far as the price i would say this i see the company executing on things they said they were going to execute on i see them moving in stages to incrementally improve and release things that are new technologies on their chain that makes me think that the price is going to be pretty good i mean that is something that makes me think the price is going to be really good uh i i don't know if really good is what i meant to say there but good i i see that as the ability to execute that's what you want to see in a company if i saw them floundering i would be like oh i don't know uh so far not seeing any floundering so that is something i i maybe maybe in the misassessment of where or how big the forks would become uh maybe uh and i think the forks are not gonna stop either i think the forks are going to be bigger than chia might have ever expected and i think that that's to be expected out there because controlling the underlying tokenomics is a big impetus to run a fork instead of being unchained so i think that that one is really hard to answer nobody can tell you what the price is but i'm not seeing red flags let me put it that way somebody said i it seems like you're pretty bullish you're building a 42 you rack well i guess yeah i mean i'm not going to say all of it is going to be chia stuff because all of it will not be chia stuff although i do have a line on some pretty sweet net apps oh and they're a good price i hope that person's watching they sent me a tweet and i i was like oh my gosh you're wetting my whistle here maybe i can even give this out as a community offering so people can get first dibs on them but the price was good they have the trays and they have it looks like dual i o m sixes and it looks like they have power supplies out the yazoo so if we can get those like that's great and the price was yeah yeah if you're looking for a dish shelf don't buy it right now wait a couple of days i'll update you on what the status is whether or not that's going to be something that we can offer i didn't see them having a direct storefront so i'm not sure if you have to like call them on the phone or something but uh that's something that we'll see if that happens or not um another thing whether or not i am bullish i mean i'm looking at it from like a business standpoint so bullish hmm would i be investing money like this if i wasn't thinking that the future was cool i don't i don't think i would uh and certainly there's an impetus of evaluation and reevaluation of where my standing is on a project throughout time does the fact that i've hit 0xch necessarily dictate where i think i am no why because i did a thing that was a little bit crazy and i knew it was a little bit crazy and risky at the time i decided that 12.5
was worth the extra reward risk and so i went solo now at the same time i wanted to vet out and see if there were problems underlying the structure and i can say that i don't know what they are but i believe that there are problems underlying the structure so i don't believe that i'm on the curve here at this point i think i'm like way out there and i i've talked to a lot of people that are way out there there could be a lot of good reasons but the ability to troubleshoot and find those reasons is something that doesn't exist and i have a sneaking suspicion about peers clearly the dust storm has shown us that there are very capable talented programmers out there able to do things so that does make me wonder and i would love to see chia talk really in depth about the networking not surface level stuff as a matter of fact i don't want any more surface level talk out of chia like there's a lot of that that i don't really think is helpful to the community dive deep chia you guys got it in you and i know that you can dive deep and still not necessarily pigeonhole yourself into talking about things i think that adds credibility and i think the user base is wildly sophisticated i don't think for a second the user base is not sophisticated these people that are mining shia out there are really actually very smart so those are some things that i just wanted to answer really quick that instead of writing out replies i just i think that you know that's good i will also say this i already had a ton of the infrastructure like if i look at actual things i've bought like some servers here but like i already had a bunch of servers like i already had a 25u or 24u rack like i had most of the stuff hard drives i did acquire quite a bit of hard drives so you know that is something that i would say is you know the biggest capital expense that i've had so far in the business but the ability to you know transact that into a you know tax friendly kind of expense is something that works out for me and structuring this as a business which i've told a lot of people they should probably consider is not a bad idea um would i be looking at a business and saying i need roi in like a month no six months no a year no i want to see some good returns on that but by going solo there might be a higher level of risk than i'm really comfortable with i could see myself very very very easily going back to pooling is that fair for pools if if i'm never going to block is it fair for me to go back to pools that's a good question like am i just dead waiting the pool that's a really good question and i hope that i can get an answer to that i think that there should be a lot more deep diving on that specific topic not necessarily even from chia official but pool operators should be concerned about this for sure i don't know how many other people are i mean in my audience i can say that there's not an insignificant amount of them that have done the same thing i'm doing uh and they have communicated with me some of them privately some of them publicly in the comments section and it doesn't seem like it's a phenomenon that is uh within the realm of predictability so there there could be something there could be nothing there's unfortunately no really good way to definitively tell that aspect of it that not knowing is really hard and you don't necessarily get that with other cryptos out there now i will say this in other cryptos out there you're not going to be going solo you're going to be hitting on with where everybody else is on a pool so that kind of is uh another thing that as a crypto grows you're going to be on a pool if we saw the net space growing if we were at like 60 i would be like no there's absolutely no reason for us to ever consider going solo i think that that's insane but we're not at 60 we're still hanging around the 30-ish range so i think that it's not unreasonable at the size that i am to be solo but i feel like ouch i really wish that i would have hit really wish that i would have hit how long do i have left on my quest here let's go over that really quick got 12 days 16 hours and four minutes and i still as you can see on the board behind me do not have any chia i still am loving the mcnairs interface and the ability to bring in farmer is coming soon to that and so i am excited so i've been working on a tutorial and that is probably going to get postponed just a little bit but a few days we'll have that next tutorial out and that's going to cover the basics of maintenance through a pertainer of your mcnair's instance so i've done a portainer for windows a pertainer for ubuntu so you're covered on getting portainer up and getting mcnairs running in it in a baseline configuration so we're going to go through things like adding a fork updating to the latest version and adding storage to your to your container those things i think are the common ones that people will need to encompass in their overall strategy for how they're growing also i've been working on editing the flora interview it was like a four and a half hour interview and man we just jumped around it was like friends talking and like trying to get an interview out of it it's really hard but there's so much good stuff in it uh and flora really does have great team a great dev team great devops team uh really insightful things that they've done being able to bring the nft recovery tool to forks again that built into mcnairs right now so i don't gotta do anything it just shows back up uh that's really cool so definitely if you're not on mcnair's i think it's a great platform to be on i think it looks great works great and with the future impending farmer integration coming very shortly to it it's going to like offer so much like so much and i can't see any reason not to be on it all right everybody i hope you are having a great rest of your weekend here and we will check you guys out next time be sure to hit like and subscribe and check out these 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2021-11-15 21:00
