Inside DFINITY

What’s new? A new format: INSIDE DFINITY. I’ll vlog about my perspective building the internet computer. There will be videos about the people behind DFINITY, Q&A or companies, projects and ideas that I come across that are connected to the internet computer.

Video Transcript:

Hey.
I’m back.
I really enjoyed this week not having a camera with me all the time.
It was definitely something else but at the same time I really enjoyed video as a medium to share my ideas and thoughts and get feedback on different concepts.
I’ve decided to do something for the next few months.

Inside DFINITY

It’s a new format called “Inside DFINITY.”
I figure I’ll use my unique perspective being a part of DFINITY from the very beginning, being in this decentralized world for quite a while now, to give you a sneak peek on what it’s like to work inside a decentralized company.
When I decided to focus 100% on DFINITY I was really excited about all the opportunities and projects that were coming my way.
It already feels like I’ve taken on more projects now inside one company that I’ve had across 10 companies before.
But it’s super exciting!
I got a lot of energy out of it.
I want to share some of that energy and passion, and ideas via this vlog in the next few weeks and months.
Some questions that I was asked what I am going to talk about?

So, I think there’s going to be different episodes.

Inside DFINITY Content

Some episodes are going to be Q&A; so if you have any questions about DFINITY, please send me those questions as a comment on this video or via Telegram, or WhatsApp, or wherever you find a way to reach me.
Some of those questions and I’m more than happy to answer them in Q&A; sessions.
That’s what today’s video is going to be!
But, before we jump over to Q&A; I want to leave with some more thoughts and ideas on what we’re going to cover here.

I think it’s also like we have an incredible team at DFINITY!
So, a second part of these videos is going to be sharing a bit about the people behind Dfinity and the people that make this core, who can build this incredible product.
And that’s going to be a part of the video series.
The third part is going to be talks, thought concepts, ideas; more like freestyle kind of stuff, which you’ve already maybe seen in my previous vlog talks that we give or ideas that are related to DFINITY.
Then, last but not least also there are decentralized concepts in the broader sense.

Maybe I’m gonna interview some of the startups that are going to work with DFINITY technology;
maybe I’m going to talk to friends of mine who are passionate about what DFINITY can do or what this decentralized infrastructure can do to make the world a better place, a more fair place, a more balanced place, a more transparent place.
A few thoughts are also about the frequency.
For the past 91 days it was important for me really get into the habit of creating a video every day.
Going forward I’ll be a bit more flexible with my schedule.
If there is content for seven videos per week, then I will produce seven videos.
But most likely I think there will be somewhere between four and five videos per week.
I think a positive side out of that can be even, though it’s less frequency, I can focus on more time and more quality for each individual video. And with that welcome to Inside DFINITY Episode Number One.

Developer Community Q&A

So in this first episode of Inside DFINITY I want to give a few quick answers to some questions that came out of our developer community. We have a pretty active Telegram chat that you can join if you’re excited about building stuff on DFINITY and you have questions or look for people that are also excited about that.
Then, go ahead and join our telegram channel. It’s called Mission Control.
We’ll post a link to the group right below this video.
So here I tried to give answers to the members once a week – usually it’s Sunday.
On Sundays, I push a small video into the group where I answer some questions and we look at questions that were submitted up and until Saturday evening the day before.
Disclaimer!
Whatever I say might not be final; things are currently in development, in research and could thus change quite a bit.
But I’m always trying to give you my latest understanding of what we’re currently working towards.

What kind of storage costs and limits will there be in DFINITY?

So, the first question by Chack Winters.
The question reads: “What kind of storage costs and limits will there be in DFINITY?”
“ Should we think of on-chain storage as expensive like an Ethereum?”
He’s asking that in reply to what I’ve said about web canisters or actors a few weeks ago.
Storage is definitely or writing, changing data it’s definitely the most expensive operation if you compare it to reading stuff or just computing.
There will be costs associated. We will have a gas model in DFINITY that could be very similar to the one in Ethereum.
That’s how it’s going to be measured now because our Consensus it’s a lot more lean, it’s a lot faster, it offers higher throughput per time unit, there will be a lot more writing operations.
Then, on something like Ethereum, that will most likely drive costs down by.
Let’s say if the demand is similar, we will offer somewhere in the order of a hundred times as many right operations as Ethereum currently does.
Theoretically, a price could be one hundredth of what you have to pay in Ethereum in terms of gas prices for a right operation.
But that’s obviously before our network has gone live and we’ll have seen actual demand.
It could be somewhere in that range.

How had all the ports exposed to a local client from capacities shared between actors?

Alright, another question I want to try and answer today is from Chack Winters as well.
He refers to my Q&A; video where I talked about ports and how you could interact without canisters.
“How had all the ports exposed to a local client from capacities shared between actors?”
A great question!
Something that’s not defined yet.
I’m not 100% sure yet if we will actually have that ability to offer a port that supports HTTPS out of the box when we’ve first launched.
If that’s something that’s planned for later on down the road, so first we will definitely create the ports that are used to communicate between canisters or between actors.
So, the third question is also by Chack.
A very curious guy!
I like it.
The latest deck talks about privacy crypto black box.

“What is DFINITY’s approach to privacy?”

“And what capabilities does it offer Dapp developers?”
Yes, so this is something that will most likely not be included in DFINITY’s first release but later down the road we want to have ability for people to use privacy on the blockchain.
Okay, and then two questions by Moritz.
Moritz is also the guy who always – every week – does a great job at assembling these questions and sending them over to me.
So, Moritz, at this point thank you so much for all the work and energy you put into DFINITY community.
Your question was “How do block proposers decide which transactions they include?
Is it the same way as in Ethereum?”
Again, that’s something that’s not 100% finalized or, let’s say, that’s not something that we’ve published yet.
I think you could think of it in a similar way as it happens on Ethereum.
So we’re also going to have some sort of a gas on DFINITY, which you bit in order for your transaction or operation to be included in the next round.
So, yes!
Conceptually you will work similar to how it works in Ethereum.
All right.
That’s Episode Number One of Inside DFINITY.

Wrapping-Up Q&A

It’s also the wrap-up for this weekend’s Q&A; Session.
Join the telegram group if you want to get in touch and exchange thoughts with similarly-minded people, with other people that are interested in becoming developers, we are all excited we’re close to launching our developer portal.
And, if you haven’t seen it yet, go to mining.dfinity.org.
That’s where we’ve launched our mining portal not too long ago.
Sign-up there so that we have your email in case you’re interested in mining.
And with that I’ll talk to you soon.

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Cédric Waldburger

Cédric Waldburger

Founder of Sendtask.io 🚀. I'm passionate about startups 👨‍🚀. I live out of a carry-on 💼. I own 64 things. They're all black.

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