Part 3:
Robert: [00:10:34] Pause and tell me again, what application is this? So I can google it really quickly.
Matt: [00:10:40] It's currently called the 3speak desktop app, but we have a little thing going on in the community to rebrand it because we want to make it very clear that it's separate to three speak and it's separate to the speaker network. All of these entities are different entities, right? They effectively three speakers, something that I run as a web app video platform, but the desktop hub that we've built is completely separate to that. It still runs on the same speaker network, but it's very different. Yes, I see that you've put the the globe up there, so we'll we'll be rebranding this at some point in the near future based on community input. We're looking for a name that kind of stands out at the moment and effectively you can run that and we've had several times where the web app has gone down. You know, these apps go down all the time for various reasons. It's part of the joys of my life at the moment. But the three speak desktop app, as it's currently named, stays up because it runs on your local computer. And when you press play on someone's video, it stores that video to your local IPFS node, which is automatically set up in the background via the app. So what it means is now we have a way to ensure that people can can upload videos to the ecosystem, use each other's servers and each other's IPFS nodes to store the video content that's on that network and incentivize and reward it at the same time. While even in the cases where our web app has gone down, it still doesn't rely on any of that tech. It's all separate and stands alone on the on the user's computer night. And then on top of that, it's open source search so it can be copied and it replicated by anyone that wants to use it and repurpose it for their own means. So this means that now we really do have a video standard built on a system that's distributed that is incentivized. And if we disappear, it doesn't matter. That thing carries on running. So this is what we're trying to do to try to really distribute and that's really the foundation of Web three, in our view. You know, the idea that this can all be done peer-to-peer. It stands alone. It's all Open-Source. People can copy it and it's incentivized. That's the difference with a lot of these are the systems that they're not incentivized yet. And part of the speed network capability will be to help these other systems implement three speed, sorry, not three speed, implement web three tools so that they can also very easily integrate Web three and kind of operate autonomously without and therefore kind of develop a minimum risk of ever being shut down again or targeted or centralized, you know? So let me let me
Robert: [00:13:12] Let me see if I can give at least part of that back to you. To that, I've I've understood what was just said. So the the the very big problems of storing, streaming, searching and validating these assets is it's a hard problem to solve with incentivization in a decentralized way. So what you've what you've conceived of is a layer that takes care of the storage, the permanent storage potential CD and retrieval with incentivization with tokenomics. But you've also built the app in such a way. The desktop app currently, and I imagine you're probably looking at IPFS js to do a browser version of this. Maybe I don't know where the IPFS layer is acting as kind of the distributed buffer for that. So my understanding is that IPFS would provide better access for anybody accessing popular content. It would provide distributed copies, but it doesn't provide the guarantee of permanence. And therefore you put in this incentivized layer into the into the kind of the mining layer right to guarantee the permanence and the retrieval and the CDN aspect is there as well. Yes. Questions, though. Yes, it's great. That means I understood at least partly
Matt: [00:14:39] You more or less that there's a couple of nuances too, but we can talk about those
Robert: [00:14:41] Later. I'm really curious since my personal interest for all of us, as has stemmed from the permanent storage aspect why? Where or why not do our weave and file coin fit into that?
Matt: [00:14:58] Yeah, I mean. Those are great technologies, we drew a lot of the basis of what we're doing on the speaking at work from from those technologies. One of one of the issues is that the Hive blockchain is really, really very well built for social media. Ethereum struggles there a little bit, and I think there's a lot of risk there to run a social media ecosystem on Ethereum. You could argue some of the other side chains on Ethereum potentially solve that issue, but we will be integrating those as well. We're not kind of monogamous to hive we want. We fully appreciate that it's going to be a multichain world that we want to integrate blockchains. All we've really done a great job at full incentivization for guaranteed permanent storage. What is guaranteed is you can make it, you know.
Matt: [00:15:45] But the problem with that is that it's very, very expensive. So you really only want to use that system for something that you absolutely want permanently there. And while we recognize that that's got a massive utility for us, there's a range of different types of storage that you need to cater to. Most videos are cat videos, you know, ultimately, people don't want to have to pay to store those things long term.
Wow Nice work with the vídeo and with the text ^ very Nice idea, i'm spanish speaker and for me is more easy to read and write English so this text helps me a looot for understand all the interview and the concepts. Amazing
I'm glad it is valuable to you! It took 12 comments to get the whole transcript :P I somehow thought there would be one field where I could easily copy and paste 77,000 characters of text and push "Save". I also learned that RC is a thing and that I need more of it!
Wow. A Lot of comments. Yes cause was a Long interview, i'm Podcaster and we make a Community leaders here in Hive / 3speaks but in spanish Community every monday but I was thinking to make the same but with english translation but is very hard work and we have another 3 diferents music vídeo shows in our own Community, but maybe You can add the writing text in the same post. Maybe.
All the Best for You and if You wanna take a look about our work let me know here in our discord and in My blog :)
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