Front row for Layer Zero event with @PrimordialAA. Hanging with @Sicarious_ and @dwaltchack let’s go

We are surrounded by funds and institutions. Rednecks up front.

Exponential price-performance of compute predicted in 1999 that AGI could be possible by 2029 — by Ray Kurzweil

Ray thinks we’re gonna stick our AI in our brains to supplement our biological intelligence with artificial intelligence and we won’t know the difference between remembering and looking something up. Sir, I’m from Alabama.

Show time

Blockchain demand for Tx / s of existing orgs vs available block space

“Zero — the last blockchain” built on four 100x improvements. Decentralized, permissionless, censorship resistant, Raz coming in.

“What if we can eliminate replication entirely?”

Infinite block space

QMDB can handle 3m transactions per second. There are too many words for me to capture. Tldr ZK driven solution with much much greater scalability.

Jolt (new thing) only needs transaction commitments. It doesn’t need to download them. You don’t have to download everything in a chain to do things. Decentralization is available at scale.

Zero today vs Ethereum’s 10y roadmap.

“Gas as a concept is dead”

This isn’t competing with ethereum or Solana. It’s competing with AWS. He’s now acknowledging the plethora of L1s and how this isn’t where they aim. They’re building zones — permissionless environments — for specific use cases.

Zone 1 is compute. Zone 2 is for financial markets. Zone 3 is for payments. I think I heard right. Not certain. Zones go live with mainnet this fall.

Now with @CathieDWood — Layer Zero’s newest advisor.

@CathieDWood Sounds like reporting is out they’re partnering with Google Cloud and DDTC. I’m sitting next to a guy from DDTC Europe so seems right.

@CathieDWood Here is my investor email confirming. ICE and Citadel also onboard.

@CathieDWood Michael Lewis and Cathie now talking.

@CathieDWood @PrimordialAA Cathie says blockchain technology probably the most underrated element of the technological convergence happening right now in the AI emergence

@CathieDWood @PrimordialAA Cathie and Michael are not asking Primo whether we will yield farm food coins on the new Zero chain. @cobie could’ve been us

@CathieDWood @PrimordialAA @cobie Primo now bringing on partners from ICE DTCC and Citadel.

@CathieDWood @PrimordialAA @cobie “They blew my mind with what Zero can do.” DTCC’s Dan Doney says this is the first solution that can actually do what they need to do to get onchain fully.

@CathieDWood @PrimordialAA @cobie Michael Blaugrund is comparing this evolution of transaction capacity to the introduction of ticker tape’s evolution decades ago for ICE.

@CathieDWood @PrimordialAA @cobie The announcement has language around “exploring” ways to do things but the way these guys are talking is much more firm than that. Seems like lawyer language got forced into the formal releases. They seem quite bought in on partnership with @LayerZero_Labs

@CathieDWood @PrimordialAA @cobie @LayerZero_Labs Seems reasonable for y’all to buy my bags

@CathieDWood @PrimordialAA @cobie @LayerZero_Labs Bo Hines is here from Tether explaining why they’re excited about Layer Zero

@CathieDWood @PrimordialAA @cobie @LayerZero_Labs “Tether doesn’t take bets lightly.”

@CathieDWood @PrimordialAA @cobie @LayerZero_Labs This box is a raspberry pi running Zero right now and can verify transactions at 1m transactions per second. In real time, right now. There are 150 of the next door so we can establish a demo net at the event. Zero live.

@CathieDWood @PrimordialAA @cobie @LayerZero_Labs Just verified a month of eth transactions in 30 seconds.

@CathieDWood @PrimordialAA @cobie @LayerZero_Labs That was fun. Met Michael Lewis, had a good time, ZRO good tech. Thanks @PrimordialAA you always inspire me with your vision and execution combo.