Colin Rice - Software Engineer - Google LinkedIn

BlockChain Enable a Quadrillion-Dollar Derivatives Market?

BlockChain Enable a Quadrillion-Dollar Derivatives Market?
CAN BLOCKCHAIN ENABLE A QUADRILLION-DOLLAR DERIVATIVES MARKET? IT’S A REAL POSSIBILITY. By 2028, the world economy has exploded with exponential economic growth. BlockChain is now the heart of commerce and trade. Investopedia’s valuation on the Derivatives Market now stands true at $1.2 quadrillion. And you are now very rich with your array of futures, derivatives and cryptocurrencies on hand. Isn’t this a nice possibility?
Now, imagine travelling back to 2018.
You are scrolling your news feed. The headlines show in 2017 alone, BlockChain startups have raised $1.2 billion worth initial coin offering (ICOs). ICOs enable startups, to raise money from the general public by allowing them to buy a stake in their business; which comes in a form of a token or digital currency. It looks like the public are beginning to understand the potential of cryptocurrencies and blockchain technology.
A Facebook notification pops up on your mobile phone. Your friend has posted an article on your Facebook wall. The article is about Ethereum, the hot new BlockChain technology that is creating even bigger ripples in the finance world than its predecessor BitCoin. It seems that Ethereum is now the birthplace of many decentralized platforms, which raise funds via ICOs. As more funds are raised, these platforms get better and this drives up the value of Ethereum. The top platforms are Golem, Augur, Basic Attention Tokens and Gnosis, which collectively ring in $1.27 billion in market value. The amount of money that has been invested into Ethereum based BlockChain technology shows that people see Blockchain as the future of commerce and finance.
This all sounds good and you’re ready to participate in a hot ICO. But as a possible new investor in an ICO based on the Ethereum blockchain, how do you get started? Which platform and ICO should you consider investing in?
  1. YOU WILL NEED TO GET A WALLET. Wallets are like digital bank accounts, they hold your tokens and other cryptocurrencies you plan to buy and hold. Most ICOs are built on Ethereum smart contracts and your Wallet has to support receiving tokens. In an ICO, you send currency (typically ETH or BTC) to the company issuing a new token and receive the amount of tokens based on the given exchange rate by the company. MyEtherWallet is one of the most popular Ethereum Wallets because it is linked to the BlockChain, has excellent security features, and best of all it gives you full control of your Wallet (unlike other online wallets that are controlled by third party companies). You can get MyEtherWallet here.
  2. RESEARCH EXTENSIVELY ON AVAILABLE ICOS As with any form of investment, you need to do your research and due diligence. Unlike the research on conventional investments that look at statistics, company performance, average daily volume and annual yield, ICOs require a different kind of analysis. Often times, millions of dollars are raised in ICOs with no product or company track record. Most traditional investors would not invest as the risk outweigh the gains from the investment. It feels like a gamble.
How then would you know if an ICO is worth investing into?
First of all, you would need to study its platform concept, market potential and sustainability for long-term growth.
Is it easy for users to adopt and understand?
Do the Founders and Developers of the platform have sound knowledge of economics, inflation, block size, fees, administration, security and human behavior?
Does the crypto-economic system have what it takes to be sustainable?
Who is the team behind the platform? Are they knowledgeable and experienced?
Is this a revolutionary or game-changing product that has massive market potential?
Take Level01 as an example. It is the World’s First Brokerless Derivatives Exchange in Partnership with Thomson Reuters. The concept is innovative, more importantly; it has an enticing proposition because it addresses gaps, issues and problems faced by traditional trading markets. This facilitates a stable, robust and potentially profitable investment eco-system. How so?
Remember Investopedia’s valuation of the derivatives market at a thrilling $1.2 quadrillion? This estimate is debatable because it needed to consider, “notional value”, versus actual market value. The lack of certainty on pricing and not having accurate market data can be frustrating. Brokers also charge a fee for both ends; buying and selling, which makes it expensive to participate in trade. In addition, not everyone relishes in the prospect of understanding financial data, terms and conditions. These factors are barriers to entry that reduces the pool of investors in the derivatives market.
The Founders of Level01 saw all these and sought to develop solutions that can make investing easy, transparent, secure and fair, by using the Blockchain and partnership with financial market leader, Thomson Reuters.
AN APP THAT MAKES ANYONE A BETTER INVESTOR Whether you are a first time investor or an experienced investor, the Level01 App will help you make better investment decisions, save time and get better at investing in the Derivatives Market. Its sleek interface, smart data feed and intuitive features are designed to fit all investor types to make the trading experience as easy as 1, 2, 3.
CHANGING THE GAME WITH ARTIFICIAL INTELLIGENCE When you log on, the Level01 platform, you will have FairSenseTM Artificial Intelligence on hand to analyze trade intent patterns of all users on the platform to find the best matches for you. Once a match is found, it employs its proprietary dynamic fair price-balancing algorithm to show fair pricing for both sides of the trade contract. This saves investors time, speeds up trade, and keeps inflation in check with fair pricing.
CREDIBLE AND RELIABLE DATA FEED FROM THOMSON REUTERS Level01 raised the bar further by collaborating with Thomson Reuters. They integrated and enabled live streaming real-time market prices for Forex, Index, Cryptocurrency, Commodities and Stocks directly from Thomson Reuters, a global leader for information and data sources for professional markets. Having a 150-year-old brand name like Thomson Reuters lends tremendous credibility to the data and keeps investors informed of actual value prior to the commencement of the trade.
AUTOMATED SMART CONTRACTS As if that was not enough, the Level01 is designed as an exchange and trading platform with a system of smart contracts that resolves trust, emotion and irresponsibility in an efficient, transparent, automated manner. These automated digital contracts saves time and money for investors so that they can concentrate on analyzing data and deciding on investments.
SUSTAINABLE GROWTH DRIVEN BY USERS You may be thinking by now, that is all well and good, but what are they doing to make this unique Derivatives Exchange sustainable and primed for growth? The designers of Level01 looked towards attracting quality investors by incorporating a fair rating system based on statistics and empowering them with the ability to add value to the network, and derive value for themselves. Level01 rewards users when they participate in the ecosystem. To make it even more enticing, the Level01 platform enables Trade Room Hosting, which allows users to earn commission. These lucrative set points are attractive to users who will jump on board and increase the liquidity base, which of course, benefits everyone.
BETTER FINANCIAL LIQUIDITY Sometimes being able to sell is as important as being able to buy. This means your assets and investments can be easily converted to cash. Level01 gives you full control over your own funds by allowing your deposits and withdrawals to be done instantly. You can also change the native platform LVX tokens between BitCoin and Ethereum for better financial liquidity.
WIDER FINANCIAL PORTFOLIO Level01 allows you to trade both traditional and cryptocurrency market assets to give you greater ease and freedom to plan a diverse portfolio to suit your needs whether you like to play it safe or take profitable risks.
DIVERSE AND EXPERIENCED TEAM An international team with accolades, achievements and awards helms Level01 Derivatives Exchange. There is a mathematician and data analyst, a software engineer and system architect, a highly ranked digital marketing specialist, an expert in corporate operations, a consultant in banking and finance, a key quantitative analyst consultant who over saw $25B AUM, a corporate strategist and brand planning expert and an inventor-CEO with a string of successes under his belt, including founding a successful public listed company in Australia.
GROWING INTEREST Level01 just begun but it is already making waves in the cryptocurrency and investment world. Forums and chat groups are buzzing with conversations as seasoned cryptocurrency investors hop on the bandwagon, eager to sweep up ICOs before the rest of the world notices. Coin Telegraph, which is the top news portal on cryptocurrency, described Level01 partnership with Thomson Reuters as a great game-changer that will allow general public to trade derivatives like a pro using big data previously only available to institutional traders.
Could this be your ticket to making your 2028 the best year ever? As if you invested in Google back in 2004. You can check out more about this upcoming platform here.
submitted by Level01Exchange to u/Level01Exchange [link] [comments]

Log of AMA with Skycoin

boldninja Let's all give a warm welcome to @synth from and for taking the time to do this AMA
synth *hello
mike Hi Synth
jakethepanda Hey @synth
thrice.pi Hey synth
dr10 Hi
boldninja I think we can start - you guys know the drill. Give him some time to respond (no more than 2-3 questions on backlog so he can catch up)
dr10 How would you - shortly & in easy words - sum-up the advantages of SkyCoin to magazines and non-crypto people?
mgaruccio Can you explain a bit about the mesh net? Is it just an mpls network between nodes or is there something deeper going on?
michaelthecryptoguy Whassup @synth
tranzer hi synth. I have a question - are those coins that are not in circulation in any cold wallets since only a portion is currently available according to CMC? What would you say is the 1 unique feature that Skycoin has?
synth It is very difficult, because Skycoin is a very large project and already has +6 years of development. Different parts of the project have different objectives.
The cryto, coin part is about solving the problems with the existing consensus algorithms. Being able to do +300 transactions a second, transactions in seconds instead of minutes (faster than credit cards), eliminating miners, eliminating block rewards (eliminating inflation) and eliminating 51% attack and the other problems with mining.
then there are other repos and experimental projects under such as a meshnet and distributed VPN prototype, where people will be paid coins for forwarding traffic. Also prototypes of distributed social media application, with peer to peer data replication and different experimental projects. Research into immutable data structures for next generation internet. Some of them are very radical.
dr10 How does the Network consensus algorithm Obelisk work and differ from widely known algorithms like Proof of Work and Proof of Stake?
mgaruccio So how much exists today? Could I build an app on the platform if I wanted to?
mike In terms of the rate of progress, what is currently your greatest limiting factor - like funding, manpower, currently available technology?
Can you explain a bit about the mesh net? Is it just an mpls network between nodes or is there something deeper going on?
It is not actually a meshnet. It is software defined networking, it is much more powerful than just meshnet. Its a new type of networking and new completely new protocol and networking namespace, independent of the existing internet.
It supports source routing, while the existing internet does hot potato routing, so never achieves optimal latencies.
It supports multi-homing, which IPv6 does not (Which is critical for when we have gigabit or terabit networking and multi-redundant bandwidth paths)
It has default oppurunistic crypto, both link layer and end to end; so everything is encrypted by default, unlike the current internet.
It has store and forward networking and will operate in Africa or even under conditions where latencies are in the minutes or hours and packet loss is excessive. Where existing protocols cannot operate reliability. It is much more robust than IPv4/IPv6 or TCP/ip
It has improved privacy. If a packet takes a route that is 10 hops, each hop only knows the previous node in the route and the next node in the route. It is not like IPv4 where each packet gives the source and destination. The privacy level is something that does not exist on the current internet.
IP addresses are replaced by public key and no one can read traffic to a destination, without knowing the private key of the public key that identifies the destination. The system does not need 3rd parties or certificate authorities. The design is a revolution.
are those coins that are not in circulation in any cold wallets since only a portion is currently available according to CMC?
The coins are locked into 100 addresses, each with 1 million coins each. And they are released sequentially.
There is a complicated locking procedure and releasing new coins requires unamious consent and a shared secret among a group of developers. Anyone in the shared secret group can block distribution of more coins (to stop the problem that killed NXT). So by design the coins were supposed to be difficult to distribut, there had to be a good reason or justification before a distribution would be approved.
mike What are the hardware requirements to operate a wireless Skywire (the name for the protocol described above) Node?
arc-over-water nxt i think is doing ok..
How does the Network consensus algorithm Obelisk work and differ from widely known algorithms like Proof of Work and Proof of Stake?
PoS and PoW use miners. Miners receive new coins every block as a block reward. So miners are making money and will fight to control the network. An everyone will suffer because the newly created coins represent inflation.
Skycoin was designed to eliminate mining and eliminate the inflation. No block rewards, no new coins. And we needed to develop a new consensus algorithm to do that and there are only a few methods that work, for these constraints. The consensus algorithm is based upon Ben-Or's randomization procedure for achieving consensus in a distributed system, with some improvements for detecting adversarial or malicious nodes who are trying to prevent the consensus process.
There are white papers on about the specifics. I would call it "network consensus" and it uses a sort of Web of Trust (WoT), where if the people creating blocks are doing a bad job or attacking the network, then the community can get rid of them. At the same time, the people who control the network, do not have any real power to attack the network except by slowing down transactions and being annoying, so even if they become malicious the only issue is how to get rid of them and select new people.
mike Any idea when Skywire will be released and ready to test on hardware nodes (testnet or mainnet)?
mgaruccio So if there is no block reward what is the incentive to run a node?
vega What will be the actual function of Skycoin (the coin itself)? Will the coin be used as currency, as transfer of value in and between all these various developing functionalities, semi-separate projects to tie them all together or it's function will be more limited?
michaelthecryptoguy Do you have an idea on the specs of a node that would be required? In the beginning? What about with 10,000 users? (edited)
nxt i think is doing ok..
There were three people that each owned 30% of the coin. One decided he wanted out and began dumping. NXT was over 150 million I think. When he started dumping, it basicly killed NXT.
Skycoin's distribution was designed to stop dumping by the founders and early people.
After Skycoin gets to 30% of the total coins distributed, there will probably a hard time lock on the remaining coins, so that a maximum of 5% of the remaining coins can be released per year. So the distribution for the other 70% of the coins will take a minimum of 14 years (and could be longer).
We cannot even sell the rest of the coins, because if we sold 10% of the total now at $5 per coin, it would be 50 million or something and we cannot spend or even use that amount of money. Not at this stage.
Ethereum spent 30 million or 70 million in their first year or two after the ICO and then nearly went bankrupt. Silicon Valley wages and offices etc. We have been very conservative and have kept costs down and kept them responsible. Now we have coins like EOS and they want to raise a billion dollars and have not produced anything yet, do not hav a blockchain and I have no idea what they would spend that money on, but they are throwing $350,000 parties in time square for marketing/PR etc...
arc-over-water what prevents you from selling? anybody can spend that amount of money?
nxt is a newer platform than sky, market value is $220 million plus $166 million, I get what you are saying but the evidence is wrong. Community is huge and active in Nxt. But you say it is killed, i dont get it?
What will be the actual function of Skycoin (the coin itself)? Will the coin be used as currency, as transfer of value in and between all these various developing functionalities, semi-separate projects to tie them all together or it's function will be more limited?
Yes. Bitcoin has no purpose. An altcoin does two things - check your balance - send money to other people
Two features - check balance - send
For a coin to have value, people need to be forced to buy it to consume specific services. There has to be stuff for people to spend the coin on, that there is demand for.
So Bitcoin is really just a purely speculative asset. It generates no cashflow and its value is determined by perception or social convention.
Ideally, Skycoin would start off as a "better Bitcoin" (faster, more secure, new algorithm, simplier, etc), then over time we would build up an ecosystem and have some type of backing and tie the coin's value into the network and usebase.
The mesh netork (skywire) is good, because it gives something for people to do to get coins and it allows people to consume the coins. You can run your internet traffic through a VPN that tunnels over Skywire and maybe it will be a nominal amount (actually absurdly small amount of money), but there would be real economic activity and a real userbase and community using the coin. Not just speculation.
Later on the scope is much wider.
arc-over-water So the skycoin wallet will be a VPN for our internet usage?
nxt is a newer platform than sky, market value is $220 million plus $166 million, I get what you are saying but the evidence is wrong. Community is huge and active in Nxt. But you say it is killed, i dont get it?
What I am saying, is that NXT would be a lot further along than it is now and probably around where Ethereum is, except for that mistake in the distribution and keeping it too concentrated. It set them back by years. They did not consider what the impact on the price would be, over the long term, when one of the early whales started selling off or decided he wanted out.
arc-over-water But they did the same again with IOTA, same lead dev.. Its over a $Billion
they released and let the market price distribute
So the skycoin wallet will be a VPN for our internet usage?
The VPN is just one application, that uses bandwidth over Skywire. There are several things in development.
This is a BBS like 4chan, that is completely distributed, with CXO.
It will run over Skywire also, This is like building a whole new internet from scratch. The apps that run on it are going to specialized and privacy focused, etc GitHub skycoin/bbs Contribute to bbs development by creating an account on GitHub.
mike So Skycoin is a Proof of Resource coin where its value is actually backed by provision of a useful service, in this case private and secure networking? Are there plans to add decentralized storage and even distributed processing to it?
arc-over-water so these 100 separate million coin accounts will be 100 ICOs or how is the distribution patterned? is it written into the code or up to the devs?
rockyj !calculate
slackbot Custom Response
So if there is no block reward what is the incentive to run a node?
running a consensus node does not cost anything. You can run it on a raspberry pi.
The important thing is that if the people doing consensus are doing a bad job, that the community can get rid of them and replace them. The other important thing, is that they can be audited and determined automatically if they are obeying the protocol.
the miners in skycoin are not very powerful and cannot do anything except slow down transactions. They are unable to spend other people's money without their private keys, so the consensus/mining nodes are almost irrelevent. It is not like Bitcoin where the miners can hold the network hostage or act selfishly (driving up the transactions fees for their own personal benefit and delaying any innovations that would improve bitcoin for everyone, etc).
So Skycoin is a Proof of Resource coin where its value is actually backed by provision of a useful service, in this case private and secure networking? Are there plans to add decentralized storage and even distributed processing to it?
We have decentralized storage, which is called CXO. But only the bandwidth is monetized by Skywire. We do not nickle and dime and try to attach a coin cost to every API call. Everything that should be free is free. So its a different philosphy.
On top of CXO we also have distributed social media applications (simmilar to Steemit)
CXO is very similar to IFPS, but simplier and designed for our internal infrastructure and with our crypto standards, instead of being a mismash.
mike Is it possible for Skycoin to choose the best paths and route around bad or slow nodes as damage to the network, in effect reducing their impact on consensus?
looks like you answered the question above while I was typing...
tranzer How many tx/s can skycoin handle? What are block times?
thrice.pi 300 right? ^
arc-over-water on your website it says you will have a NON- Turing complete lisp language?
so these 100 separate million coin accounts will be 100 ICOs or how is the distribution patterned? is it written into the code or up to the devs?
We will have a distribution page, up on the website soon. Its complicated.
Skywire, is designed to pull coins out of circuation, through a sort of tithe on network activity and it does automatic buy backs effectively. So the distribution will actually peak and then decline. But one distribution is from the locked coins, and the locked coins are freed, then circulate, then end up at the foundation (from the skywire tithe are pulled out of circulation), but still count towards the free float.
The coin holders also receive a coinhour dividend and there will be a market rate conversion between coin hours and Skycoins and coinhours are the actual currency for the Skywire network. If you do not have enough coin hours, then you sell Skycoin for CoinHour at the market rate, to purchase bandwidth; but if you have a lot of coins then you have enough coin hours for downloading movies or VPN or whatever you are doing and it is essentially free.
So there is a dual level economic structure. Both with coin buybacks to pull coins out of circulation and with a dividend or incentive to encourage users to hold the coin if they are using the network.
arc-over-water so there will be two currencies, holding one reserves the other
Is it possible for Skycoin to choose the best paths and route around bad or slow nodes as damage to the network
Yes. This is very important.
The person dialing a connection, chooses the path of the connection!
You can choose the lowest latency path for video games or Skype, and choose highest throughput paths for video downloads etc. Or can choose paths through specific nodes or facilities or countries, for security concerns and to minimize the number of points that the traffic could be intercepted at.
mike Will Skycoin still have the node subsidy plan for setting up and registering the mesh nodes like originally planned?
dr10 When do you plan to be able to present your planned technology and services to the masses? When can they use what you try do accomplish?
on your website it says you will have a NON- Turing complete lisp language?
That is probably an error. LOL. We will have a new website soon.
There is no scripting language on the skycoin blockchain. Each transaction is constant time (for efficiency and security and to achieve the highest transaction rate and to keep the coin simple).
However, we have a language called CX in development, which is a next generation language that is beyond "smart contracts" and the toy things on ethereum. It uses immutable datastructures and is something completely new. Most of the skycoin "smart contracts" will probably be off blockchain or in personal blockchains and we do not want to shove all the data onto the main chain, because forcing everyone to download everyone one elses contracts it the world is just spamming the blockchain to death. There are better ways to do it.
Will Skycoin still have the node subsidy plan for setting up and registering the mesh nodes like originally planned?
Yes. We are going to get from 20% to 30% distributno of the coins, through network incentives for people running Skywire nodes, consensus nodes and services.
I think this is going to be massive for marketing. And it is the best way to get the coins out to the users, instead of all the coins being held by whales
samuelvihollandia I read how you suggest Skycoin could be used for VPN connections, is this the largest use case you see?
arc-over-water Maidsafe has been working on the redesign of the net for about ten years, what are you doing the same and what different?
I read how you suggest Skycoin could be used for VPN connections, is this the largest use case you see?
No. This is just something easy, that we have working. Its not the largest applicatoin at all.
80% of internet traffic right now is bitorrent and the bitorrent sites are being systematically shutdown and driven off the internet. They wont go away, but will jut go underground. (largest music tracker, with 800k people) was just shut down, bakabt (largest anime tracker) has gone closed registration, Nyantorrent etc...
User communities of millions of people will be migrating from the clearnet (the existing corporate shit-net) to the "new internet". We are going to see people migrating by the millions, whole user communities of millions of people.
arc-over-water Are you a corporation or foundation or charity? Registered? I am not sure i have seen anything about who you are? What is the dev team size? Background? - Maidsafe is open and clear so is IOTA and Stellar etc. Can you let us know who you and your team are? Especially you are talking about 15 year and up obligations..
techbytes Do we need to hold skycoin to run Skywire nodes or consensus nodes like masternodes from other coins?
Maidsafe has been working on the redesign of the net for about ten years, what are you doing the same and what different?
Maidsafe is in version 2 or 3. Maidsafe will not have a real coin until version 9. Each version takes them about two or three years. Maidsafe will not be "done" or ready for atleast 18 years at this rate.
Skycoin has been in development for ~6 years and the meshnet for 4 years and it will be finished in a few months. To the poin that people can start using it.
Skycoin is similar to maidsafe in the objective, but has a different approach and architecture and primitives. We did not try to do everything, but focused on a smaller, tractable core and got that done.
There will be multiple projects in this space, but few teams are able to plan on the time horizon necisary for building a new internet or able to design each of the components of a system this large, or figure out how to do it so that it is useful at each stage of construction of a project that may take a decade. (edited)
mike Can you see a way for Ark and Skycoin to build on each other in a synergistic manner? I'm all for not reinventing the wheel, especially when it looks like it will be replaced with antigravity like Skycoin.
I see Skycoin as essentially replacing TCP/IP and providing mesh network type functionality at the hardware level, Ark would run on top of it as a top level application layer.
arc-over-water are you up to date on Maidsafe, they are nearly out of Alpha and its more like release early next year? But that being said, Maidsafe says once it is released it is like a virus or AI type, so does Tau Chain, and also Autonomic by HunterMinerCrafter, are we heading towards AI with Maid, Sky Tau and Autonomic?
dr10 smartbridge now! :kappa:
mike So Skycoin would act as a sort of global decentralized cloud server to build on top of.
To communicate, it is more like sharing encrypted files to selected recipients than it is sending messages or hosting sites on a specific server.
Are you a corporation or foundation or charity? Registered? I am not sure i have seen anything about who you are? What is the dev team size? Background?
I think there are over ~60 people who have worked on Skycoin or have made major contributions. Its really a project from the darknet.
Many of the contributors are anonymous. Some of them have security clearances and were in the military industrial complex and one of them worked at the San Diego Naval Defence Research Lab and a lot of the idea for the networking protocols came out of public sector academic researched, funded from there.
We also have a lot of very very early Bitcoin people, hardcore crypto people that predate Bitcoin and an Ethereum core developer, etc..
On the Chinese side we have an early investor in Alibaba and telecom investor. And are doing pilot with china aviation group (owns four publicly traded airline companies) and apparently now Sinopec (which is 2nd largest publicly traded corporation in world).
Then we have people who are part of israeli and US intelligence and are probably doing some sort of money laundering or phychological operations background, who just showed up for some reason. This group seems very interested in the "applications" of these coins and how to improve tranaction privacy and the specifics of the CoinJoin protocol implementation. We got a lot of advice from people experienced in forensic accounting and what they wanted to see and where they felt Bitcoin was deficient and where it leaked metadata.
Then a bunch of PHD level people doing research into distributed database consensus algorithms and another group doing programming language research.
Then a lot of people from the deep darknet, anon, frog twitter and cipher punks and bitorrent communities. (really should be listed as two seperate groups). And people from the Russian darknet community. We have like eight Ivans. (edited)
I see Skycoin as essentially replacing TCP/IP and providing mesh network type functionality at the hardware level, Ark would run on top of it as a top level application layer.
Yes. The key functionality is two things - connecting to people by public key (networking) - distributing self validating, immutble data peer to peer (transactions, blocks etc... content addressible storage)
And you can build almost anything on those two building blocks. The whole internet will eventually be rewritten on top of those primitives and it will replace many of the existing protocols.
arc-over-water Who is the entity that is funding this? I think you have done 2 ICOs? How much did you receive? The first was 10c and the second was @ 50c per coin, released 6 million, is that correct?
samuelvihollandia Are you planning to enter a different exchange market soon?
arc-over-water Have you personally been in Sky from the start? What members have? Who allocates the ICO money etc... I hope you understand that decentralization with investment is a two edged sword, we invest in people but we cannot know these people.... So... we question.. (edited)
thrice.pi with all these outside parties that helped to build skycoin and bring it where it is today who are the main core team who will help to keep all these cool features running. Will these outside parties be recruited for the long haul?
Who is the entity that is funding this? I think you have done 2 ICOs? How much did you receive? The first was 10c and the second was @ 50c per coin, released 6 million, is that correct?
The people who funded the project for the first four years, were early bitcoin and deep crypto people; who were unhappy with the fact that Bitcoin and the other alts did not seem concerned about the core issues at all. They gave us over 1200 bitcoin I think, over several years and did not ask for anything in return.
The early Skycoin devs were doing academic research, architecture and new algorithms. Prototyping and simulation. The later stage people were more project managers and doing implementation.
We did four ICOs for small amounts, to fund development and to allow developers working on the project to buy in. The first ICO I remember was at $0.10 per coin and the price now is about $4.00 per coin, so its up ~35x or 40x, but when you consider the Bitcoin price going from $100 to $3000, the increase has not been so much. lol (edited)
arc-over-water With the price up 35x in about 1 year, is it not now time to cool the run up and release another ICO? At what amount of coins released and what procedure?
mike Would Intel Edison or Joule, or Samsung Artik 10 work well as a Skywire wireless node? They have 2 Gb-8 Gb RAM, 8-64 Gg eMMC storage, 802.11n wireless, bluetooth, and some with Zigbee?
Have you personally been in Sky from the start? What members have? Who allocates the ICO money etc... I hope you understand that decentralization with investment is a two edged sword, we invest in people but we cannot know these people.... So... we question.
I think there wer three different groups that merged together in first three years, that had similar objectives. Because the code was in different language. There was python, C code and then eventually golang and the golang code became the basis for the current codebase.
The way the coin allocations work, is that it requires unamimious consent for releasing coins and it has to be for a specific, ear marked purpose and can be blocked by any of the devs.
Then there is a pool of coins in bitcoin for various project managers to allocate. And that is an operational fund for paying developers, contractors, marketing etc. Then different people have different responsibilities.
Then we also have corporate funding and sponsorship and some companies paying our full time devs etc, which helps a lot.
arc-over-water Silicon Valley (TV SHOW) recently had their decentralized web running on a network or refrigerators? So i would guess, smart phones, smart gadgets? Home gadgets etc could add services and receive rewards from Sky?
mike best would be a totally open source and publicly audited manufactured system on a chip for the nodes to prevent any backdoors. Even chip designers now don't really know what they're putting into the chips since they just drag and drop black boxes known as IP cores into the ASIC designs.
With the price up 35x in about 1 year, is it not now time to cool the run up and release another ICO? At what amount of coins released and what procedure?
I think the Skycoin price has been doubling every 40 days, for as long as I can remember. However, it will still be years before it is in the top 20, its still a long way to climb. It took bitcoin years to go from 0 to $1, even though it was growing at 1% per day the whole time for six years.
best would be a totally open source and publicly audited manufactured system on a chip for the nodes to prevent any backdoors.
we are going to use arm
arc-over-water IOTA is also working on their own hardware for nodes etc, Trinary asset is JINN
synth all intel and AMD systems have remote management engine backdoors. So they are not safe for storing large amounts of coins.
We also have alpine linux and special version of linux, that is 6 MB and has everything that is needed for running our toolchain. It will not have any binary blobs in the kernel or anything that we cant compile from source. It does not have systemd and does not have gli, but uses musl. And does not have openssl.
mike so looks like the Samsung Artik 5 and 10 can run it no problem, they're ARM based. 25x35x4mm package for the Artik 10, Artik 5 is smaller, less powerful but has 2 separate antenna ports, nice for mesh networking with an omni and a directional antenna.
earlyarkinvestor how does Ark compare to Lisk?
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earlyarkinvestor isn't Lisk trying to achieve interoperability between blockchains as well
synth uploaded this image: 1433594905.jpg Add Comment
synth uploaded this image: 1432540863.jpg Add Comment
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mike nice! looks like an ARM based server rack
let me know if you need any help with it, see you're on solidworks, which I run as well.
synth this is the skycoin cluster; it has 8 CPU boards; 4 cores per CPU, 2 GB of ram per CPU and 64 bit ARM processor. Only one program will run on each individual board, so there is compartmentalization and a physical gap so that compromising one process on a system does no allow all other processes on the system to be compromised
mike looks like 2 ethernet ports per board.
synth and the hardware does not have the qualcom backdoors and is actually chinese equipment; and the backdoors are normally at the kernel level because they are not at hardware backdoors yet
mike do they have SATA ports, maybe M.2 for storage?
synth and we will hav an ARM openwrt router eventually too
this model does not have SATA, but we have a model with SATA; you could hook up 16 2 TB drives, lol and download half the piratebay to your cluster (edited)
the skycoin infrastructure is cluster based and designed for running across +300 computers, with one "node" deployed per computer. Eithe a CXO storage node, or a skywire SDN/meshnet node, or a VPN end point node or a consensus network, or skycoin node, etc. We have multiple node/application types.
so this is a "personal cloud' by itself
its not like StoreJ where you have other people storing your stuff; you are going to have ~5 clusters and 300 computers and can store your own files, on your own internet, on your own hardware. You do not need to go outside of your own network.
mike Have thought it'd be nice to have a board with an array of M.2 sockets to run SSD arrays without all the cables, have the busses shielded in circuit board.
synth yes, i think there will be m.2 eventually
these actually use a microSSD for storage, and its 48MB/s
mike any idea on the pricing on your ARM boards in quantity? We are looking at Intel for Bitseed V3, but ARM would be good to stay with, especially using your boards if there is SATA.
arc-over-water Do you have a general idea of usable functions to be released next in what order? The first release was the Coin and wallet, then the ICOs and can you give a general future with dates if you can
synth the boards are $30 each and the memory for solid state, is actually more than the the cost of the CPU/RAM/board now. Which is sort of insane.
mike so you have microSSD, what's maximum size? we shipping 1with Tb hard drives right now
synth Bitseed mike is going to help with this; so we can pool the boards and do a custom PCB
mike yes, that's where we see the price jumps, is in RAM and eMMC costs.
and it's hard to find low cost boards with SATA
synth try the orange pi
the price goes up 30% for SATA
mike yes, very nice specs.
synth eventually, we will make one that has custom PCB and is a pluggable blade server, I think.
mike I like the Samsung Artiks for the tiny form factor for drone routers, cubesat/picosat possibilities.
but like the fact that you are controlling much deeper down the supply chain with your boards.
synth we only need ram, CPU, then microSD slot; and that is it. so the wifi and all this other stuff is just crap and its junk. We only have communication, storage and computation. So should be minimialist.
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[Table] IAmA: I am Matt Mullenweg, co-founder of WordPress (18% of web!) and Automattic, ask me anything!

Verified? (This bot cannot verify AMAs just yet)
Date: 2013-07-31
Link to submission (Has self-text)
Questions Answers
Hey Matt, I was at your State of the Word in SF and you talked about moving WordPress more towards being an application framework rather than a CMS or blog platform. What specifically do you have in mind for this (better settings API, developer features, etc)? And then if you could break backwards compatibility (which really isn't a option for WP), what would you really like to completely redo or add to WordPress? Thanks! First and foremost the most important things for a platform are stability, speed, and security. To do those well you need the ability to push updates and fixes as close to real-time as possible. And it needs to work in every language. User authentication, data and caching abstraction.
A lot of what people think of as platform stuff is actually at the CMS layer -- custom post types, taxonomy meta,
If backwards compatibility wasn't a concern I would rename all the inconsistent column names and variables to match our style guide, drop TinyMCE, simplify the user roles and capabilities system, replace widgets with page blocks, redo the admin menu system, denormalize the DB, flatten dependencies and deep hierarchy in function execution, and completely reorganize the code so the bare minimum of files are included with any given request.
After reading questions from all of the nice, well-meaning people writing WordPress as "Wordpress", do you wish reddit would implement capital_P_dangit(\)? ;) Yes! If anyone from Reddit sees this, would super-duper appreciate if we could get /WordPress capitalized properly. I can send copious amounts of swag, bourbon, and BBQ if bribes are needed.
Looks like that already happened. My link works, but if you click the link in the header it takes you back to the lowercase P. Probably just a field in a database somewhere.
How is it going with Bitcoin ? Haven't looked recently, will see if I can pull some numbers. I wish I had bought some Bitcoins before we introduced it, though. :)
Any stats ? 94 successful transactions so far, pretty low. I think it's more important philosophically to support it than it's been beneficial from a business point of view.
If you could wave a magic wand and instantly rewrite WordPress in any programming language, which would it be? Go. :)
Do you ever think "I could have been tumblr" ? Just the opposite, I'm very glad we're not Tumblr.
Hi Matt, I'm a long time WordPress dev (since day 1 moreorless) so thanks very much for starting it. Just wondering what your opinion of Ghost is? Link to Link to
They say or imply lots of things about WordPress that aren't true. They've also done things like had a quote from me looking like I was endorsing Ghost on their Kickstarter page even after I asked them to remove it several times. (Lots of people were confused or thought it was a plugin for WP.)
What do you think of Drupal 8 ? :) Some cool stuff in there! I also keep an eye on Joomla and Concrete5. I find it really fascinating to watch other open source projects especially because we share much of the same background and philosophy, but make radically different decisions around things like backward compatibility and release schedule.
It's like watching birds that evolved from the same ancestor but on isolated islands and environments. I'm sure we do things that look completely crazy to Drupal folks, and vice versa.
Along those lines I was asked to keynote at the Joomla World Conference in November and it looks like I'm going to be able to make it.
Why is hello dolly still a default plugin? Do you have any statistics about how many people actually activate/use it? Have you personally written any other plugins? Hello Dolly is actually the 13th most active plugin, with an active userbase of about 16% of Akismet (the most-activated plugin), and about a third as popular as Jetpack. It's ahead of W3 Total Cache! Again this is not just installations, it's currently active.
Some of the other plugins I've been involved with are here on my profile: Link to
They're obsolete but at the time I was proud of Advanced Caching, Staticize Reloaded, and Cache Images and the early and since-rewritten work on bbPress, HyperDB, and Akismet.
How directly involved are you in ongoing development of core? Are you relatively hands on, do you ever drive decision making or do you leave it to the community? Would love a wooden WP logo, as long as it's not a fauxgo. :)
On a completely different subject. I'm as involved in WordPress development as I was 10 years ago, it just manifests itself in ways that tend to be a lot more behind the scenes and less visible, which I don't mind as I'm way more interested in things moving forward and the results than credit or recognition for any specific thing. (I get plenty of recognition regardless, don't need more.) The only downside is that folks who I don't work with on a day-to-day basis assume that my role at Automattic or WP is more as a traveling figurehead or "evangelist" which can rub me the wrong way sometimes.
I met you at WordCamp Chicago this year (I told you about a widget plugin that turns them into a post type and such). For 3.8 I'm going to take a swing at the release lead role again, which should be fun.
I created these wooden WordPress logos with my 3D Printer, I meant to give you one but I forgot about it. You still want one? The most important thing I've done since WP started, though, isn't in a line of code or a feature people use, it's getting the right people involved and creating an environment for them to thrive. It's the single most important thing any founder can do, whether of an OS project, a non-profit, or a for-profit company even though there's not a single thing you can point to as the result of it other than the overall success and movement of the project.
What are your favorite/most powerful/most surprising implementations of WordPress? My favorite are when people I admire use it, from Jay Z to Zeldman. In many ways what we do like a canvas, and it's a huge honor to see the creativity and beauty people bring to it.
Of all the WordCamp's you've been to around the globe, what was the most unusual location for the event itself and, separately, the after party? Oh by far and away the strangest location was Davao in the Philippines. I can't find any pictures at the moment, but my talk was essentially at a restaurant with a swimming pool courtyard -- the audience was on the other side of the pool from me, and the food buffet was behind me so when the Q&A got slow people would grab food. The PA system had an echo because I think it was normally used for karaoke. And then the bats came out!
Best after-party is hard to pick, but I had a great time after WordCamp Las Vegas which aligned with my 25th birthday a few years ago.
The Philippines is a wacky place. Oh, my people :-) I loved it and had a great time, including at the one mentioned above. :)
Of all the WordPress community memes, which one is your favorite? Link to is pretty funny, and some days I miss WP Wank.
Recently I enjoyed #thingswpdailywouldpost and the response: Link to
Pretty much anything Mike Adams (mdawaffe) sneaks into the code, be it easter eggs or Ghostbuster references.
Mark Jaquith had some pretty hilarious ones but I can't find them at the moment, maybe other folks could post their favorites too. :)
Automattic has a lot of side projects (Gravatar, PollDaddy, etc) - What's next? There's always a struggle between doing new things or experiments under a new brand -- like VaultPress -- vs putting it under an existing brand. A lot of the things I've been thinking about we're going to put under the Jetpack brand, for example Jetpack Photon (CDN + dynamic image resizing and filtering) could be a standalone product, but decided to bundle it. So keep an eye on some big things coming to Jetpack, especially for Code Poets, people who use WordPress professionally.
What would you like to see us do next?
What individual do you think is the most under recognized contributor to the WordPress community at large? That's a tough one... I'm going to say the volunteers on the support forums. There are 2M+ posts there, and it's easy to forget that a huge number of WP users end up in the forums and get help that allows them to use the software when they wouldn't otherwise be able to.
I remember seeing a WordPress yearly theme of "WordCamps and WordPress Meetups". What should be the next year's area of focus for the Community? What areas would you like to see beefed up in the Community? Some themes that I thought might be good are "Women in WordPress", "Contribution and Documentation", "WordPress Evangelism", "Adopt an old plugin" to name a few. How do you feel about these? Those are all good, if I had to pick one it'd be getting the documentation going better on -- handbooks, function reference, training materials / syllabuses, and doing it all in every language and for every plugin/theme.
Hey Matt, what was the most difficult thing for you in starting your business and what do you think is the most important thing you have to know and/or to learn when you found a startup? The hardest thing for me was taking responsibility for the lives and families of others, those first few hires especially. It's why I originally raised funding even though we had revenue already, and why since then we've always focused on making the business sustainable over decades, not just the next tech hype cycle.
What's the best meal you have ever eaten (and photographed)? Hands down: Eleven Madison Park in NYC.
Recently I had a really special libation tasting menu at The Aviary in Chicago, which is from Grant Achatz the chef of Alinea, it was a cool experience at a table in the kitchen.
I'm constantly amazed by the coordination and efficiency of professional kitchens, I'm mesmerized when I watch.
PHP has matured a lot in the last few years, with new tools such as Composer and new frameworks such as Laravel. The relationship between this side of the PHP community and WordPress seems to be pretty strained. Are there plans to address this relationship, particularly with the new focus on WordPress as a web app framework? I think the PHP and WP community are coming closer together, I know it's something that Nacin has been spending time on and we've had more presence at PHP-focused conferences.
Thoughts on forking WordPress, a la jQuery? (Link to I don't think forking as described there is a good idea.
Multiple content areas - probably the most important CMS feature not baked into core. Will it ever happen? There's something around multiple content areas that could be really interesting we're going to start working on this year, hopefully ready by early 2014.
What do you see as the biggest challenge facing WordPress (in the context of competitive software or just un-met customer needs) for the next year? By far and away it's the high attrition rate of new users. We look at posting a lot in that context but I think it's far more important to look at customization -- theme discovery and tweaking, widgets, menus.
Hello Matt, what is your opinion about current state of PHP in general? Do you like any particular framework? Templating engine? Thanks. I think it's pretty great, would just love to see continuing development around performance. Nothing really in the language that's holding us back. Wish it was trendier with younger devs.
Hey Matt, why did you force the rest of us to suffer through images defaulting to a link in our posts (I understand that was your doing)? Youthful indiscretion!
What is your development setup (software)? Most of my time these days is spent with people instead of code. (For better or worse. :)) I love lists, and live on Link to .
When I code since I switched to Mac in 2011 I use Coda 2 and SFTP to a remote server rather than a local dev environment. nano on the server.
Apache or nginx? Nginx!
I find WP so much more user-friendly than the competition. Was that a conscious decision from the outset? Was it hard work to make it that way or was it just the way you guys did things? Do you have a warehouse full of useability testers or does it just come naturally to you guys? The first few users were friends of mine who weren't into technology at all, so from the start we needed to make it work for regular people. As we grow it's mostly just a matter of reminding ourselves of that, sitting down with them to see how they use the software, and anticipating their needs.
If something in the future interests you enough to make WordPress/Automattic part-time for you, so you can take on something else or contribute to another cause, what might it be? I'm really fascinated by micro-electronics, hardware, and the "internet of things" for lack of a better term. It's surreal to be approaching an age that resembles the sci-fi I loved as a child.
That said, I can't imagine not working full-time on WordPress/Automattic, I feel too strongly about our mission, impact, and potential.
What's your favorite beer? Link to Link to
I see a lot of desperate web development companies locally that try to stress that Wordpress is insecure and shouldn't be used. What would be the best thing to say to people like that to shut them up? Some of the largest and most important publishers in the world rely on WordPress. (Show them the showcase.) If WordPress was insecure we'd see it on the front page of,, and :)
Hi Matt, have you read Chris Lema's blog post. What is your response? I have. It's also funny because I think Gartner is about to come out with a "magic quadrant" that puts us in the crappy quadrant (low vision and ability to execute). Their leaders? Adobe, Sitecore, SDL, Oracle, HP, Opentext...
I completely agree with Chris on all the ways that enterprise currently works, and their concerns. (People assume because we choose to do things differently that we don't understand the other side.) But I'm not willing to compromise getting better software into the hands of users as quickly as possible, if that means Gartner thinks we're a visionless niche player so be it.
We've done long-term support branches before, it was a big development burden and almost no one used it or cared. There will be businesses that embrace keeping their technology moving at the speed the web does, and there will be those that go out of business and become irrelevant.
•Will you ever support multiple languages in the WordPress core? No plans for multiple languages in core, sorry.
•What do you think of new writing platforms like Quip and Editorially? Will the WordPress post editor ever have any of those 'team' features? I really dig the new writing platforms, I do think we'll get some of those team features if not in core than in Jetpack.
I heard a rumor Matt switched back to QWERTY. True? Not true, still typing Dvorak, though last year I was beat on speed for the first time by Helen Hou-Sandi, who types QWERTY. She's speedy, and if she switched to Dvorak she could probably win world champs. :)
Hey Matt, where do you think the future of the independent WordPress news community lies, with your recent purchase of WPTavern and the recent sale of WP Daily to WP Engine? Do you think there is a space for an impartial WordPress news website? *edited for correct spelling! I'm glad that new ones are being started as fast as old ones are shutting down. There is some really interesting stuff going on in the community and I think there's space for real journalism and strong commentary.
What one major thing would you like to see changed/fixed/updated in WordPress core? The fact it doesn't work well on mobile devices.
How do I convince my boyfriend, who wants me to keep his site in ASP.NET (he's a programmer, I'm a designecoder), to install WordPress? I'm not even allowed to use PHP! :( The best way I've found to convince people, even as the founder, is just showing examples. That's why we created the showcase: Link to
Find out which musicians, celebs, authors, etc he writes and see which of them are on WordPress and bring it up casually in conversation. (We have huge adoption from creative folks.)
Best BBQ of all time? I hope I haven't had it yet. :)
Are open source contributions a prerequisite to work at Automattic? No, but they get you to the top of the list when we're reviewing applications. (I know, I look at every incoming resume.)
Would you consider Automattic the "Redhat of WordPress"? Without a doubt. ;)
Do you think an app store for plugin and themes built with high quality standards and framework, could be a good solution for WordPress end users? The plugin directory is an app store where everything is free.
Would having paid stuff there make it better? I don't think so.
Why do you feel thats different for themes - premium themes are available via the themes directory. (I've never bought one of those so I don't know if the comparison is valid) Design is inherently valuable in its scarcity, functionality is valuable in ubiquity.
It's unlikely that we'll ever want to put a popular theme into core, but fairly likely it'll happen for a popular plugin.
Collaboration is more important for plugins than themes, and money from scarcity balkanizes development.
Did you ever feel like you couldn't continue with your project? Is there any advice you have for small business startups? Covered advice here -- Link to
There have absolutely been times I felt like I couldn't continue, both with Automattic and WordPress. You have to take the lows with the highs and stick with what you believe in.
Hi Matt, I have been using WordPress for 10 years, make most of my living from it, and will always love it. Thank you for that! It is by far the easiest way I have found to build websites that my clients find easy to use. I see the reasons why WordPress does not use more modern coding practices and tools and appreciate the need for backward compatibility, but wonder if you ever see the code base moving forward to a time when developers can use the newest features of PHP, best coding practices (i.e. testing), and the great tools that are available these days, like Composer. Do you think there will ever be some kind of fork or offshoot of WordPress that functions as an application development framework, since so many developers are using it for that these days? Thanks :) I disagree with the premise -- WordPress does use modern coding practices. People assume that supporting say an older version of PHP or MySQL holds us back far, far more than it actually causes any trouble. Supporting older browsers is a way bigger deal.
Our biggest challenge is figuring out the user side of things, the front-end code. How things should work for a user rather than how they should work for a computer.
What does your average day look like and how do you manage so many different projects? I spend more time on Skype (text chat with colleagues) than I would care to admit. Between that and P2s ( Link to ) I can easily fill eight hours in a day. As the company has grown to over 180 people there is a huge amount of content and activity to keep up with.
Hey Matt, how many hours you work on an average day? It's hard to say because I don't really consider what I do work, the hours just melt away.
I find I'm most productive first thing in the morning when I wake up, usually around 7am but a bit later if it's a cloudy morning, and I generally run out of steam around 11:30pm that night.
Some days I'm traveling though I might only have 4-5 hours at a computer and can get a similar amount done.
I find I'm generally more creatively charged the following day if I'm able to unplug at night, which is one reason I like jazz festivals (I try to go to Montreal every year) because I can work during the day and check out shows at night.
Any chance of a comment-spam filter being built into core? Akismet is great but has a lot of hurdles for a new user (Activation of the plugin, Registration on, Registration for API key) and most just don't do it, contributing to the problem. I agree with Viper007Bond -- anything we did in core like Cookies for Comments would become completely ineffective within a day. Those only stop dumb bots who have easier places to spam.
Link to
off, love you, your ethos, your company. If you figure it out, let me know. :)
My question: how do you plan to get "normal" people to update their blogs as often as they do their Twitter and Tumblrs? But seriously, I think it's all about removing friction (every second loading and extraneous click) and becoming part of people's habits, which is one of the reason I spent a fair amount of time on triggers and habits at the State of the Word this year.
any plans to launch a Premium paid version of Photon service with more features? Not on features, we'll make anything new there free to everybody, but might have a paid tier for top 1% of users by bandwidth/usage. But probably a few years from that, plenty of bandwidth and CPU here in the meantime, and it's just getting cheaper and faster.
Find a new boyfriend maybe? His judgement is clearly lacking. Ha!
Which features are available on other CMS that you would like to see in WordPress? I really like some of the drag and drop layout things folks like Squarespace and Weebly do. I think we have so much we can do to improve customization.
Hi Matt ! I know you've advocated for water causes in the past. Do you have plans for future charitable/philanthropic projects? Thanks for doing this. My big contribution this year has been to the Bay Lights project: Link to
Haven't decided about next year yet...
What do you think about App websites/themes that seem to be using WordPress as the choice of CMS, do you think WordPress is a good platform for these types of sites? Scaling, Performance issues considering? Examples, Dating sites, Crowdfunding sites, Job board, etc. I think it's a great framework for anything content-driven. For things like messaging that don't map well to WP's data model, you can still do it just make some new tables, don't try to shoehorn it in the standard ones.
Which verticals will you be tackling next with Please share your sensitive corporate information ;) Putting a hold on new verticals at the moment, going to try and go deeper on some of the existing ones first.
Hi Matt, now as most people know, you are very much a fan of open source and the GPL license. However, is there anything you do NOT like about open source? Also besides Wordpress (or its themes/plugins), are there any open source projects you like that aren't related to Wordpress or Automattic? I think the things that make open source incredibly collaborative and ultimately eat the world can also make design and big shifts difficult. WordPress has made some major shifts over its decade of life and grew as a result, but those pivots are harder to do the more successful we are because sometimes it means doing the opposite of what we did to become successful in the first place.
Automattic's been tweeting a bunch of new hires lately, and quite frankly doing a great job of making me jealous. Has the 90% of employees being remote ever caused real problems or friction? And how do Happiness Engineers work: do they help people out over the phone, or is it strictly a text over the Internet thing? Remote distributed working has been working great and we plan to continue it for the foreseeable future. HEs mostly work with email, but we're introducing a ton more live chat and phone work.
Say you retired your involvement from WordPress, what other projects stimulate your interest and challenge you? I think for many of us, all good things come to an end and considering your success of WordPress, what other projects (offline or online) would benefit from your involvement? I think I got this one here -- Link to
Have any companies ever tried sueing you over silly software patents? Yes.
Hey Matt, you talked about profitability on TWiST. How do you plan on increasing revenue at Automattic? (I'm especially interested in how open source projects like Wordpress could lead to profitable companies) Edit: (changed "profit" to "revenue") I think it largely looks like the things we're doing today, just executed better and with a wider audience aware of them.
Hi Matt, besides traveling and photography, what are some of your other non-WordPress interests? Pretty tame: Music, especially jazz and hip-hop (J Cole, Childish Gambino, Kendrick Lamar, Weeknd). Wearable tech. Vinyl records. Food (trying to cut down on this). Reading.
With growing popularity Wordpress has, in the past few years, become increasingly prone to hack attempts, brute force attacks, etc. Is there anything being done to address security concerns? I think we're a lot more secure than we were a few years ago, to be honest.
Hey Matt, I watched the live stream of your State of the Word on the weekend and you talked about leading development of WordPress 3.8 and that it would be "experimental". What kind of features do you have in mind? New interface with MP6, new theme with 2014, and hopefully some work on the editor and widgets.
As someone who's making a living thanks to the WordPress, this might be the only occasion for me to say Thank you Matt. You've truly changed my life. Thank you. :) Hug a WP contributor next time you meet one, there are hundreds of people active every day that are even more crucial to WordPress than me.
This is my personal favorite. ;) Edit: Whoops, imgur mirror so we don't kill ipstenu's site. That is indeed amazing. :)
Contribute. Agreed!
Sup Matt, Hit me with some Akismet stats. We're blocking 40-50 million more spam every day than we were last year. The volume of spam has been growing unusually fast.
Hi Matt, what do you think about this 400,000 Euro Site - :D. Link to Link to WordPress is priceless, so 400k euros isn't a bad deal, but they could shop around for a better consultant. :)
Last updated: 2013-08-04 23:08 UTC
This post was generated by a robot! Send all complaints to epsy.
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