Hedera Hashgraph – Salt Lake City Meetup – Part 1 of 2 (Sherard Lier, a Mystery Guest + Gossip Guy)

– I just want to start
off by introducing myself. My name is Sherard. I'm one of the ambassadors for Hedera Hashgraph and I'll be going into detail more
in the future with that. If people just can grab some pizza and come up to the front that'd be great. If you guys have to leave
for any reason early, if you guys can just follow the same way that you guys came in.

– Dr. Patrick Byrne. – Oh great.
– Do you mind? I'll be quick.
(applause) Just came in for the
moment to welcome you. I'll tell you I didn't know that you were going to be here, but I saw Hashgraph. Just a few months ago I
learned about Hashgraph and hash trees and I'm
told that Hashgraph, I thought was Blockchain 2.0. Scott told me its Blockchain 4.0. It sounds like, and I don't know which
end of the hash tree to plug into my DCP IP (mumbles) I know people that do (mumbles) For a few months I've been
asked around about this because this here is a real breakthrough. – [Man] Thank you team.

(applause) – It was a real good
treat to have him in here. Again thank you, thank you for having us here. I also want to recognize Scott. Scott can you stand up really quick? Scott he's the guy that, hi Scott.
(laughter) Scott's the guy that
put this all together. There's a lot of little
details that go into this and I'm really thankful for Scott.

He's an ambassador as
well and he put in some time for this so I really appreciate it. I'm gonna give a brief
introduction about myself. I'm a civil engineer
by trade and I work up in Alaska for an oil company. My specialty is building ice roads. It's kind of crazy how I got caught up in this industry. I'm very simple-minded when it comes to the tech industry, but tonight we're gonna
have a special meet up because it's gonna be
more for the development, more the application of Hedera Hashgraph.

Just out of curiosity, how many developers do we have in here? How many people that are just in a crypto world that are just interested in this? When I first got into Hedera
Hashgraph I was actually with my friend in Bitcoin and I hated the transfer
fees and how slow it was. He was the one that pressured
me to buying Bitcoin. I knew that there had to be
something else out there. I also invested in precious metals. I follow Mike Maloney. I don't know if any of you
guys have heard of him. He does the secret of valued money or something like that. – [Man] Hidden Secrets Of Money. – He actually had an interview here with the CEO of Overstock with that. He mentioned Hedera, Hashgraph at the time. I really went in head
first into Hashgraph, dug it up, saw what it was all about, and then I looked into Leemon who was the founder of Hashgraph.

He was talking way over my head about the possibilities of Hashgraph. I like to watch Ted Talks so to me it was almost like a Ted Talks or something. The abilities and the future of Hashgraph and where it can go. If you guys have a chance
to listen to Leemon Baird he's fascinating, he's very animated, and he's great to listen to. I would recommend to you
guys listening to him. The more I got involved I met Kyle. He's a representative of Hashgraph. I flew out to Chicago and met with him and the rest is history. The thing that I like about Hashgraph as it's said, it's fourth generation ledger. The great thing about it, right now it's on a private permission scale only, but the vision that Leemon
has is for everyone. Just the possibilities that
I like about it is that in today's world there's
a lot of people that try to take advantage of
people being the middle man. I don't know if any of
you have heard about the (mumbles) tolerance and how everyone knows everything
at the same time.

That's what Hashgraph has accomplished and it's something new in the tech world and it's done with gossip. With that said, we're actually gonna have
some keynote speakers today. I don't know if you guys follow
the Gossip Guy on YouTube, but he flew in from New
York and we're gonna have an opportunity to listen to him about some upcoming projects that are built on the Hedera Hashgraph platform
and then we will also have an opportunity to listen to Ken Anderson. He's the lead advisor for the development of Hedera Hashgraph as well. After that we're gonna have a great question and answers. Many of you that have a
development background, this would be a great guide
to ask your questions to. Hopefully he'll be able to setup the Hedera Hashgraph gossip. I'm not very familiar with it, but it was great to see
an actual run of it. You guys are in for a great treat.

I'm gonna pass over the time to the Gossip Guy and everyone give a round of applause for him.
(applause) – Real quickly here to, I know Sherard had asked
who here is developers, but also more importantly
who here has heard of Hashgraph and I guess who
here is familiar with it? Relatively mixed 'cause
I know just one thing, tonight's agenda is gonna get into a little bit of details. We're gonna brush past some
of the background information, but obviously there's a lot
of good resources out there on the Internet that can
give you some further depth of information regarding it. Just as an introduction, my name is Billy however, many within the Hashgraph community know me as the Gossip Guy. I'm the creator of a Hashgraph
focused YouTube channel that is focused on just
providing news updates and education regarding
the growing ecosystem being built around Hashgraph.

If you're curious by any chance, the name Gossip Guy comes from the gossip
about gossip protocol, as Sherard had mentioned, that powers Hashgraph. Gossip Guy, if anyone is familiar there was a TV show called the Gossip Girl. It was kind of geared
towards teenage girls. It's based in New York City. I'm also from New York City and at the time my girlfriend
was also binge watching the show on Netflix when I was coming up with the idea for the channel. I thought Gossip Guy
would be kind of clever. Small disclosure here too, I don't work for Hedera Hashgraph.

I'm just a community member
just like the rest of you guys that's just really
interested in this stuff and looking to evangelicalize this. Tonight's topic is who's using Hashgraph? We want to take a look at the types of projects that have emerged as using Hashgraph both in the private and also with the public
ledger environments. I know we're not gonna
get into too much details regarding the background of Hashgraph, but just real quickly
here I just wanted to break things out here
'cause one thing that's kind of fundamental is
Hashgraph is just the consensus algorithm and
also the data structure. It was originally developed
by a company called Swirlds and it's also patented
which is obviously a hot topic within the community. We won't go into too much details on that, but the idea is that
they just are patented because they are gonna
ultimately provided to Hedera Hashgraph which is
the public ledger and this patent is in place to
prevent forks from happening of the ledger.

We got our first question here. – [Man] May I ask you a question? – Yeah sure. – [Man] Can you put that
into English for me? – Let's just break this down. The underlying technology
that is gonna power the distributed ledger, the ledger, the thing that you can build
applications on top of. The mechanism for insuring
trust and insuring consensuses is achieved is known as
Hashgraph and also it provides a data structure of how data is dispersed amongst other computers and
how it's ultimately laid out and within the ledger. Hashgraph is then moved
into Hedera Hashgraph which is a public ledger
that is ultimately gonna be, if you're familiar with
Ethereum or blockchain or EOS. Hedera Hashgraph is the
public ledger version of that.

Basically it is a open
record for people to, they can build applications on top of it. The main point here is that
Hedera Hashgraph enables and empowers developers
to build an entire new class of distributed applications, given some of the properties
that are inherent to Hashgraph. Thus in turn appear on Hedera Hashgraph, the public ledger. – [Man] What are you
replacing in the market? – I got to be careful to
say replacing because in my personal mind I think that a lot of these projects are co-existing, but this would be an alternative to in many ways blockchain. Blockchain is the
technology that powers a lot of these popular distributor ledgers.

Bitcoin Ethereum and whatnot. Just want to break this down, Hashgraph Hedera Hashgraph. Another thing to note
too is that Hashgraph was originally introduced in a
private permissions environment. Meaning you would have
to sign up in order to gain access to it. It was closed off to the users of it. Whereas Hedera Hashgraph
is gonna be public. It's gonna be open to
anyone and everyone who wants to use it. As long as you have
access to a node that will get you into the network you can use it. Maybe this might also help
visualize what we were talking about with Hashgraph.

This is just an overview of
the Hedera Hashgraph platform. Before we get into any topics around the projects that are developing on this, I wanted to just give this
as a visual because this will help give some context
on where each project is sitting in the platform and
I'll just quickly go over here. Whoops can you hear me? Also another note too, we have Kent Anderson the
lead developer advocate from Hashgraph that's gonna be on afterwards. If there's anything that
I say that's inaccurate or if there's any level
of details I missed, thank goodness we have
Kent on because he'll basically fill in any of those gaps, but I'm gonna try to do my
best to try to explain this. Hopefully if I do a good
job I'll get you guys to subscribe to my channel. This should help visualize what we were talking about before. We have the Internet and then the Hashgraph consensus
will sit on top of that. On top of the Hashgraph
consensus will be these three different types of features
being built on top of the platform as a whole and that's basically a cryptocurrency.

Hashgraph will have a
native cryptocurrency. There's the ability to have file storage on the network in a distributed manner. Rather than having to use Dropbox or other types of file storage platforms, you'll be able to store files directly on to the public ledger. Another feature of Hedera Hashgraph is a solidity smart contracts engine. Basically they're just taking the Ethereum virtual machine and building
it on top of Hashgraph. One might ask, if this is gonna be a
competitor to Ethereum why would you use the
Ethereum virtual machine and use that as your
mechanism for smart contracts? The point is that solidity is one of the leading languages for smart contracts. Rather than reinventing the wheel, the team wanted to use
this as a starting point to get people able to easily transition
over to their platform, but one thing to note
and maybe this might be a little bit of gossip, they do have plans to eventually
develop smart contract engines in other programming languages.

Just by a show of hands, has anyone programmed with
solidity or worked with it? You guys all are probably
familiar there is some inherent limitations with it. Unfortunately because
they're gonna be implementing solidity on to their platform, I'm pretty sure that those
limitations will also be in place on Hashgraph, but the idea is that
they're gonna implement another smart contract engine. They'll take advantage of some of the properties of the
Hashgraph consensus algorithm. I just wanted to show this
here because in the next step here is then you can
build distributed applications on top of it and each of these projects that we're
gonna cover sit between different components of their Hashgraph platform.

Apologies in advance here
if this is a little bit too detailed too granular. We'll bounce around between each of them. My goal was to also have something in a summary format that we could share and people could go to that. We'll just run through this. This is basically an
overview of all the projects that have been publicly announced so far announcing their usage of Hashgraph either in the public instance i.e. their Hashgraph
or in a private environment. We have them mixed here. They're pretty diverse as
far as the type of use cases that they're trying to
address and also with the industries that they're operating in. They range from the typical start-up to some traditional companies
that are looking to implement Hashgraph into
their existing tech stacks. We'll go through this list and
if anyone has any questions on the projects maybe
we'll take a moment to go into a little more detail here.

First off we have Artbit. Anyone here a Guns N' Roses fan? The co-founder of this
project is Matt Sorum the drummer from Guns N' Roses. Since he left the music
industry he's gotten into tech entrepreneurship. What this is is it's a
artist recognition platform. Basically allowing for artists who flag their content and
then be able to receive compensation from the usage
of their particular content and essentially they're
planning to build their entire platform on top Hedera Hashgraph. Taking advantage of potentially the file storage
elements and then also the smart contract features of Hashgraph. Next up we have CARBON. CARBON is basically a
price-stable cryptocurrency i.e.

A stablecoin. If anyone's not familiar, stablecoins right now
happen to be an area of a lot of focus within
the crypto community. There's a push right now for
a lot of these stablecoins to get adoption. The reason why stablecoins
are particularly interesting is that the idea is that
they're one to one back with Fiat currency so they can be used as a payment mechanism. CARBON is essentially looking
to launch their stablecoin on top of Hashgraph and also they're looking to build out some other programmability into their platform, into their stablecoin. That will hopefully further payments using their token. The next one we have here, this is CU Ledger and this
actually happens to be the first project that was announced using Hedera Hashgraph. Essentially what CU
Ledger is is that they're, just out of curiosity is
anyone familiar with R3CEV? CU Ledger is essentially
a consortium of a bunch of credit unions in the United
States looking to just basically develop distributed
technologies for the benefit of their members. I mentioned R3 because that's
one that's being placed for some of the larger banks.

CU Ledger is essentially using the Hashgraph private environment in their technical stack, but also recently too
they've announced that their plans to use Hedera Hashgraph, the public ledger for payments. That's one interesting project too. How am I doing on time Scott? – [Scott] Three minutes.
– Oh three minutes. So let's get down this list. Intiva Health they are looking
to do medical credentialing. Basically launching it on
top of Hedera Hashgraph. We also have Mingo. Mingo is a chat aggregation application that you can actually download
the app today from Apple, the App Store and also the Google Play Store, but what they're also
looking to do is launch their own cryptocurrency
that will be used to power their plug in economy. Also as just a fun note too, Kent Anderson is the CTO for that project.

Part of the other good
reasons why we're having him speak tonight is because he actually comes from
this ecosystem directly. Another interesting one
and I highly recommend that you go check this
out when you get a chance, it's called LIT by Satori, but it's ultimately developed
by Machine Zone or MZ which is the game studio behind Game of War and Mobile Strike. I just recommend that you
go check this out because you have to see it for yourself. Essentially this is a live
data processing platform and also A.I. mesh. Essentially if you were to
build a botnet this would be the mechanism of being
able to aggregate it entirely. They're gonna be using
Hashgraph as the main consensus mechanism on to their platform
and that also helps them. Basically enables them
to no longer have to use a bunch of servers that
were previously powering their Satori platform.

We have Swirlds here. Like I mentioned at the top of it, this is the company that
had invented Hashgraph. They're also providing an indefinable license to
Hedera Hashgraph to use. Just want to point them
out because they are technically part of the ecosystem. We have VMS Software who's
the makers of OpenVMS. Basically one of the popular open source operating systems out there. They're looking to build
Hashgraph directly into their technical stack. Be real quick here, we have WinFlow.

WinFlow is a sports betting platform being built on Hedera Hashgraph. If anyone's familiar, recently the U.S. Supreme
Court had announced that basically sports betting is
legal in the United States and removed all prohibitions of it and WinFlow basically is hoping to capture that new market that is
presented not only in the U.S., but also globally. Also they're one of the first distributed ledger sports
books and they also have a very unique reward structure where profits are shared with
members on the platform. Basically the more activity
that you do on the platform the more that you can be rewarded.

Basically their whole smart
contracts that they're gonna have in place, all the smart contracts for
betting is gonna be built on top of Hedera Hashgraph. We also have Xtremepush. They're in the ad tech space. I have to admit I haven't
really gotten that much information specifically on
what they're gonna be doing, but we do know that
they're planning on using Hashgraph and the
consensus that it provides to help identify and reject fraudulent clicks on advertisements. Lastly here, I know this is kind of really
quick because we're just being mindful of our time. No sooner did I prepare this slide, we just found out this
week of two other projects that are being announced
on the Hashgraph ecosystem. One is called Track Invest which is essentially a social-based equities exchange platform. They're basically looking
to do some various initiatives with Hedera Hashgraph.

Almost kind of doing some partnership, but also looking to maybe
launch components of their applications on
top of Hedera Hashgraph. There's also another
company called Crypto Tasks which is essentially like
a Fiverr or an Upwork for the crypto space for
freelancers that's looking to launch their entire application. It's already been launched. It was launched previously on Ethereum, but they're looking to move
it over to Hedera Hashgraph. I didn't go into too much details too, but some of these projects
also on this list were originally launched on
Ethereum and then are now moving over to Hashgraph. This covers the list of anyone that has been publicly announced, plans to be using Hashgraph
either in the private or public environment, but I will let you know
as far as speaking with individuals in the community, there is a lot of plans
for individuals to build more applications out there. In the coming weeks and months this slide will only get bigger.

Also too one appeal of Hashgraph is it provides a suitable
environment to build mission critical applications. I wouldn't be surprised if we
start to hear in the coming, this is probably more years ahead, but we start to hear
enterprises beginning to launch applications on top of Hashgraph. I'm just gonna wrap things up here. We can't also forget some
of the system integration partners that are also
helping companies to basically use Hashgraph. I just wanted to just
throw these guys up here because these are all partners that are helping people build proof of concepts. I don't know specifically what their compensation
arrangements are as far as what they would ask someone for their services, but I do know that they're
being or so I've been told that they're being
flexible in some of their arrangements as
far as someone comes in with an idea.

They're willing to work
with them until the idea gets up and running before they would ask for compensation. I'm just throwing this
out here because if anyone has an idea these are some
potential resources that are emerging as some subject matter
experts in using Hashgraph. Wrapping things up here, also to mention before, right now there's a huge push. Their Hashgraph platform
is not fully launched. It won't be launched until
the end of this year, but they're slowly opening up to independent applications to come on. All those companies
that were listed there, they've been invited
on to use the platform and we're gonna slowly see
more people coming onboard. They're kind of doing it
first come first serve. At the end of 2018 it
will be completely open for anyone to basically join and build their
applications on top of it. Like I mentioned to you before, there's a good likelihood
that we'll start to see enterprise applications
beginning to be developed on it and launching some time around 2020.

As I mentioned to you
guys in the beginning of the presentation, I have a YouTube channel
focused on the emerging Hedera Hashgraph ecosystem. I just wanted to call out
a couple of these videos because essentially we did a video covering about what are
some of the basics that you need to do in order to
get setup with Hashgraph. This is not really technical in nature. It's more about just
procedurally what you would need to do to get setup and the resources that you have available. It's a good introductory video.

Also I've done three
videos with CARBON Mingo and also Intiva if you're
curious to hear more about what those projects are doing. Lastly I know we have
Kent cued up ready to go, but I just want to also make a plug for him too. There's also a lot of
helpful resources coming directly from Hashgraph. There's obviously the
Hedera Hashgraph website. There's another site that's
focused to developers and then more importantly
there's a discord chat, basically a chat channel
that is focused to the developer community.

That's really a great place
to go if you have questions regarding the technology. You can ask your questions
and receive the answers directly from the Hedera Hashgraph team, but also too there's a lot
of active community members that are there to also answer your questions that one might have..

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