Mihai Alisie - AKASHA: Decentralized Autonomous Worlds for smarter communities
ETH Bucharest 2024 · 26 Aug 2024 · 39:56
Decentralization is a spectrum that a project has to keep measuring, the keynote argues, and it offers minimum and maximum viable decentralization as a way to place a project between centralized and decentralized and between nonviable and viable. It names decisional, financial, organizational, technological and legal dimensions, and warns that a governance token can leave a few wallets deciding for a community of hundreds of thousands. The proposed answer combines an open-source framework for composable apps, a Swiss association with no president as the legal wrapper, and physical hubs, and the talk ends by announcing a hub in Bucharest.
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From ETH Bucharest 2024, hosted by ETH Bucharest.
Transcript
we're going to start the conference with the man that started everything he doesn't need an introduction because he's the man of the hour please everyone big a big round of applause for for Mi [Applause] Alis nice one good Dr Le to say the co-founder of ethereum yeah wow I would continue on the Note uh uh that everything is a team effort and you know uh starting everything is a bit way too much in the bigger story and etherum
wouldn't be what it is today without its community so you know I stand by when I say that ethereum Skiller application is community and seeing you all here just makes me you know uh very excited and grateful to be part of this community coming back to Romania 10 years later at the first ethereum event organized in Romania so uh yeah it's a nice one an important one uh so just to continue maybe on uh Octavian tin. note uh let's try a bit of a game so we get pumped up uh maybe it's going to flop but let's see maybe it will flip
when I say e you say B so let's try it e e yay nice one so let's get it started can we get the slides uh wowow I'm uh very excited let's see if this works you know during the test everything worked too well uh like what's wrong uh okay yay okay so uh today we're going quite deep into what we've been uh thinking about since uh 2016 May 3rd World Press Freedom day when we unveiled
aasha which is an effort that we started uh way before actually right about the time when ethereum had its Genesis since uh the earliest days uh I was already dreaming with a bunch of people about what can we do now that we have this new technology at hand and in this journey this is one of the coolest things that we think can be done but of course uh I'll let you to decide that uh and uh before we get started I'm just going to let you know we have about 70 slides to go through fasten your seat belt uh and let's see if everything works well hopefully the clicker also yeah but before that again a big Applause to R Mania and the Bucharest all the
organizers all the hackers all the people present here all the sponsors everyone that work together to make this happen including yourself for being here without you it wouldn't be the same thing uh and um before we uh get started I would like just because also the organizer said it would be a nice uh touch to the presentation to give you a bit of the background the what happened besides besides behind the scenes uh when we started the ethereum and uh as part of the team the ethereum co-founders I was uh alongside Roxana Lorenzo and Matias another guy from Denmark going in Switzerland to explore it as a potential jurisdiction for
ethereum as a legal entity because people had some questions will we get in trouble if we are contributing Cod to this today things are a bit more let's say relaxed more gray than dark but back then it was what about the children you know if you would say Bitcoin or something it you must be doing something bad uh and as part of this uh Journey Roxana actually found the place which might be you might be familiar with the name the ethereum spaceship which was the headquarters for ethereum for a long time where uh we tested this idea that I was uh looking forward to test for quite some time the Hollands and the Hollands themselves are this idea that you can
have this uh loose L organized groups which retain their independence and autonomy while still being part of a larger Hall without sacrificing their independence and autonomy so you still have the network effects while still uh also preserving the idea of freedom Independence and autonomy within a group and inside this place many things happened uh including at various times what we had like heatons and brainstorming and quite a few beautiful things you can see here we had like a huge whiteboard where we would right talk kinds of stuff here would be like the table where we would be hacking uh quite cheap Ikea uh kitchen uh Bloods I don't know how to call them
on a very you know it was not about getting super fancy but about having the right people doing the right thing with the right motivation which I think to some extent is the vibe kept also in this event uh taking it further and as an example of some of the things that we would be exploring on this uh whiteboard uh community and the idea that uh key ingredient in ethereum success would be the members that would self-organized and do things together was this idea of hubs or Holland you know you see here hubs and Holland too and uh within this hubs let's say constellation you would you would have the individuals each with their own strengths and uh skills that would be able to find their place in the
right uh project and you know ethereum is a community of communities so you could see this uh hubs being part of a network like we described earlier while still maintaining their independence and depending on where and let's say you are a designer that wants to uh grow their skill or contribute to something you would be able to see within the Hub Network which projects need a designer or if you're a software developer Etc that being the the main idea and uh let's see the clicker when the Whiteboard is not enough you go on the windows at some point you know it was like a full of uh scribbles and things on all the windows uh it's not the operating system uh and uh it was quite
an exciting time uh uh leading all to uh what later uh is known as the ethereum project and uh just uh in this graph we have a visualization uh of the contributions to the code base of ethereum uh which is uh uh quite beautiful and the reason I'm showing this is that it's important to uh take taking consideration that these projects like ethereum and not only are something alive something that each individual part of the community make a contribution towards and make an impact it make it evolve uh so in this uh beautiful visualization we have just one dimension the code contributions the visualization of the contributions made in the GitHub repository however it's
important to know that you have many types of contributions within an ecosystem like etherum we have for example designs infographics blog posts or organizing workshops organizing events like this being part of a Meetup organizing a Meetup all of these things are not captured here but they are part of the bigger picture so uh you can uh abstract and think that in our way being present here and being part of this it's making something like this unfold as part of the Ean Community part of the story 10 years later another Branch Reviving reactivating within the Ean Community which makes me super super happy to be part of and uh on this note uh uh this is a an ultra rare let's say
footage uh celebrating the 10 years uh since ethereum Foundation was incorporated and uh you know speaking about important moments yay time stamping etherum Foundation is now officially recognized as a legal entity no quite a milestone back in the the thing again you know it's all about all kinds of people all kinds of knowledge in this case also the lawyers really helped us navigate this uncertain landscape and uh let's say as a followup from this uh we then had the ethereum crowd sale famously you know two weeks
from now but at some point two weeks were actually today and uh to our surprise you know we at some point we started even doubting ourselves is like is this uh cool and other people will see it as cool or is it like we are living in a bubble so to say so for the first few minutes the ticker stayed at zero was like maybe we were living in a bubble but after 42 days uh we actually made history uh because at the time it was the most successful crowdfunding campaign in the history of the humanity as a onetime event pretty epic because it was in a way setting in motion something that evolved to what it is today and as an example of how this
triggered the next wave of projects and ethereum itself became as the platform on top of which other people can build their ideas and uh their platforms uh this is a visualization again very unid dimensional over one specific use case where we can see a snapshot between 20 thou 2016 late 2016 and late 2017 not capturing everything but you can see how many many many many many projects started replicating what we were doing with ethereum as an idea and one of the use case that was facilitated by this platform and the smart contracts and the systematic deployment of smart contracts was this use case of fundraising although I know we don't call it fundraising but you know what I
mean uh so this is uh visually speaking uh to me at least in my mind it reminds me of this uh slow-mo picture where you have the bullet the initial kind of entry point and that's ethereum with its $8.5 million and everything that followed afterwards all the projects all the ideas everything that kind of uh you know emerged since then and uh back there we had just a tiny slice of what happened afterward it's tens of billions uh today if not in the hundreds of billions and uh I think we're still early 10 10 years and uh let's say the current stage we find ourself after the Denon upgrade where uh scalability is
still around the corner but way closer than 10 years ago uh will really make this bubble pop this ball of fire so to say and uh you know after we had the ethereum uh crowdfunding and we also made the the main Network launch happen in July 2015 that was one of the moments where in some cases you know ideas fly ahead of reality and you know reality hits so it's like wow what about Theos and all of these other man we are still trying to get the clients to stay in sync and not Fork the chain so it took a bit of time until you know we got to the maturity where we are today however I
was very excited about this idea of using this technology to tackle freedom of expression and Collective memory so this is uh let's say the root idea from which Akasha was uh born developing systems for freedom of mind and human connection and freedom of Mind in this context text uh refers to the self- sovereignty of thought which is I think kind of an endangered thing these days with all of the AI and all the recommendation and all of these emotional exploitations of the things like if you had a relationship status on your Facebook Instagram or whatever and now it changed to single or it's complicated uh don't be surprised if you get some really weird DS like wow top 10 things to do when you know so that's for me an example in which they are
exploiting an emotional vulnerability trying to sell you something which I no is maybe not okay and the human connection part refers to this idea that fundamentally we are social creatures that Thrive and need actually this social interaction in our lives and uh we cannot do many many many things alone but we can achieve so much if we were together so this is why I think something like Akasha really made sense and uh Akasha Foundation is an entity that is a nonprofit established in Switzerland uh uh let's say in a way providing the support for what we are building and let's in the earliest Beginnings 2015 2016 we really wanted to test this idea is it possible to have a
fully decentralized onchain social network yes is it the best idea not quite and there are a number of reasons why but technologically speaking yes you can and uh if you should that's a different question so in all of this time we have built three fully functioning decentralized social networking apps learning through each iteration what can we do better and how to let's say minimize the onchain footprint use the cryptographic proofs and the building blocks in more creative ways without needing uh transaction for everything so it was quite a quite a long journey uh getting to where we are today uh and uh as part of uh that Evolution uh as also part of the hecaton
uh we are introducing aasha core which is an open- Source framework for building and distributing composable web 3 apps uh it's quite a beautiful uh thing especially if you are a programmer and introduces this idea of applications in applications and uh quite um powerful way in which communities can customize their uh use cases and for example instead of having this cookie cutter type Solutions where you know if you need events you you use meetup.com or something that else uh now you can uh evolve that use case depending on what is actually the need that you want to be solving uh and uh as part of the uh let's say stack uh the community
applications are actually very important in this picture and uh the reason why we also started introducing Akash Shakora this Heaton uh is to understand how we can better fine tune and improve this developer experience because it's very important in this case also to make sure sure that you know user experience super important but also developer exp experience should be uh kept in consideration and uh I will have an example from the hecaton where some a team is actually working on something very interesting using the aasha core uh it's worth mentioning that in this hackaton we have e Bucharest as a template repo starter which provides a very specific subset of the entire functionality because you know it's still a working progress but it should be available in all its Glory later this
year in the meantime if you want to get your hands and play with it uh just visit the GitHub repo you will find there the itbook arrest uh repo and just to give you an example of that composability and how powerful it can be as part of an application in this example we have something like a post uh which we call beams because you know the feeds are antennas you can broadcast and receive information and in this case the blocks that would be inserted here like in this example a poop can be a an open setting an image uh and many other things that can be developed by you and by the community so for example if you need something more oriented towards governance voting or different types of voting it doesn't have to be
only thumbs up thumbs down you can be voted on a spectrum from strongly disagree to strongly agree and a bunch of things in the middle you have lots of Freedom uh to to build and be creative and uh this is uh the idea of the worlds the platforms themselves powered by thise at the nucleus and Akasha worlds are modular platforms enabling communities to self-organize build and access these apps uh which is in a way very powerful because the communities themselves can guide the evolution of the platform itself so it's almost like the equivalent of an app Store can build itself out uh learning from the needs of the community so if you have something that's very charity oriented crowdfunding uh that would be a very specific use case with a specific
interface but on the other hand if you would have something like a uh a scientific research or an art project the interfaces would be very different among themselves because the needs would be different and this architecture allows for all of these use cases to coexist Thrive and because of interoperability uh ideas something that is developed in one Community can be reused in the another without Reinventing the wheel uh so that being said uh this is an example of how the interface could look like you know at first side is pretty basic you have this feed uh with all the other applications that would be installable in the in the left sidebar uh with the mention that in this case you know where you have the
ethereum logo this is also something about the beauty of the composability but in this case not about the content creators but about the content readers uh and you know like the like button that we are so familiar with and uh in some cases like people were asking like where's the like button there is the reason behind not having it mainly being that in 2006 uh Facebook introduced this mechanism for signaling but mainly it was not about you know getting people better off but rather improving the quality of the data gathered from all the people using the platform in order to serve better span uh so we thought maybe we can do better you know web three opens all of these new ways of interacting sending value across uh the internet uh managing it Distributing it
in all kinds of creative ways which is why we left this functionality open so this means that uh no matter if you are a developer that wants wants to take the full challenge of building something like a full-fledged social platform or a developer that wants to focus on one specific app or someone that wants to focus on one specific functionality as a way in which the community can interact there is room for you uh in all of this and uh we are welcoming you if you want to play with it uh as an example because I mentioned the E Bucharest project one interesting uh idea explored by a team is the idea of the bubble breaker which I'm looking forward to seeing it in action in the next day which takes this idea of like you know you have Echo Chambers and within this
context the the bubble breaker would allow certain types of content to go beyond your bubble your Echo chamber so to say and this would help uh reduce polarity within communities and discoverability of content that is worthy to be discovered not promoted because some blackbox algorithm and um uh uh this being uh said what why you know at times especially because we had so many uh years in which we uh explored this uh this problem the idea of or the question of why was asked many times and you know even with ethereum itself decentralization is something that's very important and close to the heart of
many I think uh in this room and even if it's something that we say very often I think at the same time it's a word that can have many many connotations and you know at times if you have 10 people saying the centralization what do you mean by that some people would give maybe a more technical answer someone would give you a different type like empowerment and decision like Democratic type of uh processes but uh what is actually decentralization you know if you think about it is it uh something that we can understand better and Achieve that shared understanding which is key to getting to the next uh phase and uh as part of this effort of explaining we have a number of terms
that were explored around one of them being the minimum viable centralization which kind of defines the minimum required centralization in a decentralized project to be maintained and Linux Foundation explored this as part of their open governance model in which they are justifying the existence of the Linux Foundation as this coordinator of uh resources people projects and you need some degree of centralization even if the project as an uh overall thing is decentralized next we have the idea of progressive decentralization which is something that we hear maybe more often in our space including from arbitrum which is a project that is sponsoring this event and uh to give you an ex hey uh to give
you an example of how they are describing on their documentation they have these four let's say Dimensions or things in which they are tracking the degree of decentralization chain ownership validator ownership sequencer ownership and data availability Community uh ownership so uh this is one way in which you can kind of get deeper into it what exactly do you mean by De centralization and obviously in this Progressive term you I'm implying uh uh going towards something from a starting point which is centralized increasingly more decentralized and uh during uh again like decentralization it's starting to become a bit clearer but the idea of viable I think it's something that we should include in this
definition and viability as a term you know you have a few of them uh the first two are my favorite capable of success or continuing Effectiveness also as a cinam possible but the second one is my favorite because of that image the organic living thriving uh thing capable of living developing or germinating under favorable conditions uh to which I would also add uh being resilient enough to support unfavorable conditions when the moment arises so many times and with this in mind if we apply the idea of minimum in front of the viable decentralization now we are forced to kind of go into the scarcity
mindset which you know you have minimum viable product and a bunch of other things that kind of force you yes it would be great if we would have all of these things but like really uh uh articulate what is the core functionality or the core things that need to be respected within that system or product to be uh considered okay to go so in this case I would say that minimum iable decentralization offers us a mental framework on a spectrum of things where we could say that Beyond a certain threshold the thing is no longer decentralized so it's like centralized just call it what it is or minimum viable centralized and on the other side where you are crossing that threshold into the minimum viability then you can be considered decentralized because
there will be some strong arguments behind it not just slapping it on the website yay decentralized uh and at the other uh end because this is not just a one uh let's say thing you have the maximum viable decentralization which now puts you in the abundance uh mindset where you have uh let's say you are invited to think about the long-term goals like where do you want this system to go you know that's the other side of the coin so if the minimum viability invites you to really get the starting point the maximum viability invites you to Define where would you want to go as the ideal scenario with the viability in the middle uh also uh putting the idea that
the there are many things and many wishes but none of not all of them are viable for many reasons either for technological reasons and uh or the the available U community members and knowledge in a system and there is a glitch in the metrics there but don't mind that uh and uh the the let's say moniker under which we compress this concept is Max VD uh and uh to to Showcase this we can visualize it on two axises so if on the bottom side we go from Maximum centralized to maximum decentralized on the y- axis we go from nonviable to very viable maximum viable so if we take this mental framework and
try to map Things uh on it we would kind of have these four quadrants uh in which we could map various things and at the crossover between the dotted line you would have the nonviable decentralization to minimum viable decentralization and then on the other side nonviable centralization and minimum viable centralization in the corners being let's say the maximum uh uh characteristics but we'll get to that a bit later so now the main idea that I want to leave with you is that decentralization as a concept is a spectrum it's not something that you know we're done it's something that depending also on the Technologies available that become uh use able like I know ZK proofs uh uh homomorphic
encryption and many others the degree of decentralization within a system that we can Achi viably will increase and shift and the viability part is something that we need to constantly re-evaluate so uh also something that sometimes Escape is the multi-dimensionality of this decentralization because you know you have in this case five examples of decentralization it can be DEC decisional and this let's say ties in with governance systems and how decisions are being made Financial Financial systems Financial models then we have organizational is it like something that's hierarchical more decentralized in decision making like holoc or other types of organizing technological the technology itself as a
layer is it decentralized the implementation on the technological layer is decentralized and of course the thing that we don't talk very often the legal side which refers kind of the regulatory environment in which your project will exist because you as a physical person exist somewhere you live somewhere even if we like to believe code is law uh and uh uh just as an example uh as this evolution of uh let's say new ways and vehicles of collaboration for society as a whole that was brought by uh blockchain Technologies we have the idea of daos which we are I guess pretty much familiar with the centralized autonomous organizations and as a continuation of the work that I was doing in the initial
years of uh establishing the ethereum foundation and the legal framework for making sure that we can do the ethereum project without anyone going to jail yes my so far all good uh I continued asking the question is a foundation the best we can do for providing this legal framework uh ensuring the uh contributions can be made within the community without the developers them say being afraid you know would I get in trouble if I make a commit to this project which was a question asked More Often by then than it is now so the da would be uh part of the if we had before with aasa cor the software type of hacking the daa would be a continuation of the legal type of hacking that we've
explored in Switzerland the da standing for decentralized autonomous Association and I will get into that a bit later but we also have the Daws and the daas as an example and uh uh some of you might say dawa uh which stands in our uh let's say L for decentralized autonomous World Association which is kind of a component on the legal layer enabling uh uh communities to safely govern their world uh through a legally recognized uh uh legal entity which uh you know if you as a doo is great and it provides all of these advantages in terms of transparent resource management and how you can
coordinate co uh action Collective action for a particular purpose uh and you know the purest inside would say yes but if it's another jurisdiction it's not decentralized because it's one jurisdiction to which you know the other side would say yes but Switzerland is quite decentralized one of the most decentralized jurisdictions you can uh do your project in so it's always kind of a tradeoff uh so to say when you choose where you make your stand uh but usually it's good to have a stand somewhere because otherwise uh all the individual members are liable in all the jurisdictions because you are not making your stand in one so you have like a shield for what you're doing so this provides a way in which you can maintain the Core Concepts of uh uh
decentralized uh governance decentralized resource management and the uh transparent use of the resources within the organization with the Democratic way of organizing the the association being the default which is uh modular and can be customized if the case is uh and um uh speaking on this graph coming back just so we illustrate a bit so it doesn't remain too abstract let's take the story of a project a community that uh has their heart in the right place and really want to do something and you know as is the case many times ideas and projects do not start fully from the I'm viable stage you need to find that thing so now we are kind of finding ourselves on this threshold between centralization and
decentralization and through a process of gradual Progressive decentralization you are uh in becoming increasingly more decentralized on this axis and and as a series of uh decisions you're get getting closer to that viability that sustainability which is where you want to be because you want sustainability to be part of your uh uh project so it has a long-term future ahead of it and uh yes we're doing super great yay we're leaving the dream almost there in the top Corner ideal State however life happens and for various things misaligned incentives and so on you know it's like yeah but what if we do a governance token and then you mix uh economic incentives and governance and
things get really messy and just a handful of wallets get control and then decentralize three wallets make the decision for an entire community of hundreds of thousand people you're getting into this dangerous territory here and if no action is taken well nonviable centralized even if your heart was in the right place you want you had a cool idea you had a cool Vision but life happened uh however if you have this idea that decentralization is not something static but actually a series of decision in time that you can map you can actually take corrective courses and actions that would get you back on track and uh this is something that sometimes you know fantasize like yes we will have a fiveyear plan and that's what we're
going to go but then you know so many things shift rapidly and especially in the crypto space blockchain space so many Technologies evolve and what was cool two years ago is now Obsolete and you know in that fiveyear plan things are uh often not happening as described so I would say that rather governance and finding your path within this space is more like walking on the bicycle so you have to constantly balance each uh step forward and uh this would provide a way in which you can visualize this so sometimes you know instead of Flying Blind having some kind of feedback makes the difference and uh this is another key idea that I would like to leave with this with this audience if nothing else you know stays this would be also cool
one decentralization is a journey and how we get to where we want to be is uh something that takes a lot of effort a lot of dedication and sometimes even with the best intentions if you cannot measure how well you are doing it's very hard to stay on track uh you know the road to hell is paved with good intentions and all that uh and uh the idea that was I mentioning there with smarter communities it ties into this fact that instead of Flying Blind and without having this source of feedback in which you can map if uh your community is doing well or bad uh it's hard to stay on track but with this type of feedback mechanisms and using this type of modular platforms that enable the customization of the functionality
and this type of uh legal entity that enables the decentralized uh governance of the platform itself without sacrificing the let's say empowerment and all that this transparency and the Crypton native functionality of using stable coins e and a bunch of other ERC tokens it's still there just that in a different form and as part of this I would like to share that you know 10 years later from the things that we were naively let's say dreaming that wow it's going to be so cool and we are next year for sure uh 10 years later I'm you know a bit more wise and I understand all the effort and all the painful how to say perseverance that you have to go through to achieve it and we have uh uh just one
uh well to let's say one and a half hubs that we tried this idea one in Barcelona uh and we have here in audience Carman and Lorenzo which you know if you if you find this interesting you should talk with them uh because it's something really awesome and in this space as let's say the complementary aspect because interactions and social interactions do not need to stay only on the online and we saw maybe better how important these things are in uh during the pandemic when we craved for that interaction with each other to feel that you belong in a community I think it has its value and as a complementary thing in this triple stack where you have the software and then you have the legal part and now you have the
physical infrastructure the communities can manage their uh themselves very uh how to say decentralized while maintaining autonomy and making the use of all the great things that crypto can provide and uh just to give you a brief example here this is a multidisciplinary or interdisciplinary Hub uh where you have these events bringing together people from all areas of life from 3D printing and in this case it's 3D printing food uh you have Art and Science type of installations and then you have all of this co- gardening area where you explore all types of from high-tech gardening to uh sustainable form of uh gardening and the prototyping where including this bicycle here if you go on it you make some light buls go on so a bunch of crazy cool ideas that will
get you inspired in some way and uh even if not all of the communities visiting this are blockchain specific they do get inspired by what can you do with blockchain and think about how could I use it in my community for my purpose and need and um uh this is where we have this idea of decentralized autonomous worlds which to make it uh how to say uh short uh it would be this idea of the platforms that I described before but with three very important traits uh that would make it or break it so on one side you have the maximum viable desent Iz ation which we cover this way in which you make sure that the system itself is as decentralized as possible and in the
context of the association the dawa that I mentioned one way in which this maximum viability in the decentralized aspect is achieved is that we make it we made it possible so there is no president you know when the lawyers oh you want to do an association cool so who's the president like do we really need a president they they like the challenge and apparently you do not need to have a president for an association neither a treas or a secretary the commercial registry in Switzerland and I am curious if also in Romania maybe this is something we can apply in this jurisdiction as well just specifies that the association needs to fulfill some obligations so instead of having this concentration of power under three people or three roles because sometimes one person is the president Treasurer
and secretary you need to start somewhere in this case you have a panel of people which are specialized on things from ethics to technology to membership governance and so on uh another very important core principle that is characteristic to this decentralized autonomous world is the maximum viable privacy which gets into this idea that you do not need to hoard as much data as possible because you would make use of it sometimes you know if it happened to install on your app or on your phone an app like a flashlight and then suddenly it wanted access to your calendar your contacts and everything like man it's a flashlight why why do you need all of that stuff uh that's just a uh a way which they're probably like maximizing how much data they can get without caring about their
privacy because they will make money selling that data and so on so this is a way in which we are trying to get the functionality that people expect from products without invading their privacy and finding that middle ground between what is possible with the Technologies today and uh the Technologies of tomorrow so to say and not least you know you might say but why again and this is a core idea that we reached uh decentralization and privacy core also values of ethereum I think are building blocks for Liberty and I'm using in this context Liberty because uh I think it's not information that wants to be free it's people and uh instead of Freedom I'm using Liberty because we are talking
about communities and in some cases you have the uh idea that the individual freedom is more important than the community freedom and uh the idea here is that you can find the the common ground where you can have both individual freedom and Community Freedom as a form of agreed upon social contracts where uh things can evolve reach that social contract evolve that code of conduct and get to that ideal State and uh rushing in here towards the the end the question is now that we are at this ethereum conference can we apply these things also for ethereum R mania this beautiful community that uh is showing here today and I think yes I think there are ways uh and to bring it all together uh now that we reach this
stage after all this time uh bringing uh the technology to the point where we can invite developers to build with it we have this established legal framework that can be used if people choose to but you can just have as well a a doo a Ser a gmbh and LTD whatever you want to operate your network alongside this idea of physical hubs which I think would be a really cool addition uh we decided after seeing how great this event is and how great the people are to bring it to bringing it all together also in Bucharest soon so with the occasion of this uh conference I would like to announce that coming soon to space near you we'll have Nasha Bucharest in collaboration with uh it Bucharest so
the idea is to facilitate and nurture this community to have a space where that we could organize heatons on a more how to say stable date uh how to uh bring together the people forming this make connections between projects and you know getting this uh running uh again like uh 10 years ago so that being said I would like to thank you all for your attention for your time uh wishing you a beautiful conference moving forward and let's do this