Hello, my name is Noah We are running the Decentrailzed Thought channel on YouTube
I am now in Satoshi's Vision in Japan I'm working with Clemens who works as your CTO at yoursorg Could you tell me about your work? Yes, of course Thank you for inviting me to the interview Yours
org is a social network where people can make money Many people use Facebook or Instagram Although I upload good content Nobody is making money for it I wanted to change this If you have created something valuable on the Internet You have to pay for it That's why we created Yours
org While people can create and upload content It is a platform with an ultra payment system function You can use this platform In other words, we offer you various possibilities to earn this money The simplest version, After posting your blog post In the middle of it, I'm inserting paid steps So all those who want to read You have to pay for it
As for the other models, It has upbeats and features in Reddit But if you want to upboat you have to pay a small amount of money And this upbeat If you are doing an early update on a good article Later, you will not only get back the amount of money You can also make money In other words, It gives incentives for up-boats At the same time, It also gives a kind of curating effect
Good content through this I think we will be able to locate it on the top list of our homepage i See Not only do content creators make money Users of the platform are also profitable That's right Our goal is To improve the quality of the content on the Internet
But The biggest problem is that people They do not want to give out credit card information easily This is a social network that can pay for content However, It does not motivate me to give credit card information So what we thought It allows all users to earn money This causes people to join It will motivate you to make deposits
You can earn money But once you place the money in the site People are more aggressive than expected You pay for content or give tips Yes, that's obvious I understand why you use cryptography on the platform
Entering credit card information To enter personal information A simple act of giving a tip or making a superpayment It will not be simple That's right It was a clear choice Yes, that's right Another consideration was the transaction fee
If you make the same system on PayPal The fee will be 30 cents + 3% per case To someone under this system Want to tip 10 cents You have to pay 30 cents for the fee Who would do this Paypal only makes money in the middle This is why we I decided to use a password That's why we are currently using bit coin caching
Bitcoin cash fees are extremely low Less than one cent If the fee is so low Now people 10 cents for the cost of buying a tip or article You can convince them to give and take If so, Will the tip be processed as an on-chain transaction every time? Yes, the story is a little long Once Ryan X Charles and I started the company together
I am the current CEO of the company We have a bit coin cash company It started long before it existed At that time The fee for the bit coin transaction was about 5 cents It's already too high So we have a browser app version I built a lightning network
The development of this technology has been consumed for over a year It was very hard work Finally, Bitcoin cash was released last August By the way I dig it The cost of using a bit coin cache The cost of using a lightning network was almost the same But BCH is much simpler to use
We wrote down the complicated, Just remove the 10,000 lines of code that cause the error I replaced it with bit coin cache It's working right now And users can store their keys in their web browser I have full control over money On the part of the company, you never get access to your money When I send you a tip Client software within your browser I created a bit coin transaction and signed it Bit coin block chain
That is, on-chain transactions You spend money on your wallet This transmission is done Instead of the other alt coins What is the reason for using bit coin cache? Light coin or something There must be Bert Coin or something We were originally strong supporters of Bitcoin
Both Ryan and I have been on the beat coin for a long time I was pretty enthusiastic and enthusiastic But at some point it became unusable The fee went up too much I just complained that Paypal's 30 cents is an expensive side
The bit coin fee is around $ 1 Even before I went to $ 60 I do not know the exact number This is crazy So I could not use bit coin
And in fact we have changed many times to other coins In the end, it became a bit coin cache Very simple to use, It has high stability The fee is very low I heard that In dealing with micro-business, You will not be able to use a coin with this fee
Can you talk about the future development? I'm working on yours now At the same time, I spend a lot of time in college It's because of things like automata theory In the past, I and Ryan I've been traveling to a small town in San Francisco I talked about bitcoin scripting language there Ryan said that the bit coin scripting language is made up of two stacks
If you are familiar with this, It's called automata theory or theory computer science I'll be right there The automata are 2 stack turing complete What does Turing Complete mean? Everything Computable It means you can use a very simple device to compute With only two stacks My thoughts are Bitcoin is not what people think I think it could have been much more advanced
I've been working on this for a long time In the end, I'll figure out what's possible The bit coin script is limited in size All calculations on bit coin scripts You can only have a small number of stacks Typical computation is It has a much wider stack
So I can not apply this to the bit coin But what is possible This long computation Rather than putting it in one transaction at a time Chaining multiple transactions into a chain Arbitary Length is a function of computation This is what I'm working on I have not had a conclusion yet I have a video I found in 2015
No, it's an image made in 2015 I found out later Craig Lite is a video that claims that the beat coin is Turing Complete over the internet I was interested in it Because it was the same idea that I found out
I thought you knew something about this guy Everyone else thought he was wrong It was rather motivating because of it I want to prove it And finally I am glad to share this with the community
And During this two-day conference I will give a presentation to the public On top of the beat coin without any other addition About how complicated computation can be done Can you tell me what you do as a CTO at yoursorg? If you are a CTO of the company, you will have to do a lot of things Every company has some very boring and essential tasks
As a CTO, there are times when we have to deal with them In most cases My job is to work on the product At present we have products We are working on improving to suit market When people come in, they want to keep going To make it come back later and return I want to make such a product
In other words, what we are doing People visit every day I want to make a good product You told people your vision of yoursorg Everyone liked it Who can make money on the internet? But at the same time, you need high-quality content
These two are the elements that attract many people But we are still a small team, so we are too far away Funds have been created Good employees are also hired Finally, And I hope to be able to offer beautiful products
yoursorg It's like a new type of Faucet service The old faucet was the introduction of cryptography to the public Now you can start getting passwords through yoursorg Like the old faucet, it's not just filling the capcha
Actually making value People who want to enter the world of cryptography You can start with yoursorg That's right What we just said is one of our goals
To attract a large number of people with a bit coin cache For political reasons I'm not talking about being a fan of Bitcoin Cash It is a story that is actually a working product We are providing enough usefulness to the public What we want is Even those who have no interest in the current bit coin I hope to see your bit coin through yours
org I will finish your interview with this My name is Noah, Decentralied thought Recording from Bitcoincom I look forward to your presentation tomorrow
Thank you Everyone please sign up for yoursorg
