Leister

For the last part of our episode, I want to respond to the person on YouTube.

Thank you for the request.

Essentially what they were trying to wrap their head around.

And I took it on face that it was kind of given and it was known.

I did briefly cover an episode way back about our fictitious company that alluded to it.

But this person wanted to have a little bit more in play.

i'm not going to name names because i think everybody gets the gist of what we're going with but the the question was around one part messaging around this project was this is how this is going to work we have technology it can run stuff parallel it's got 20 000 tps's it's got all these layers to it you're going to be able to mine it's going to work like bitcoin etc and so on

when the project finally gets something out, it's nowhere close to what was promised at all.

And this became somewhat of a scandal in certain circles of, well, how, how can you possibly claim this?

And they still do claim that it's that, and it's not, how can that be?

And talk about what happened there.

In my other episode, go in their archives, UTXO versus EVM.

That's what I was referring to.

I put no names to it because I don't want to give them any sort of celeb status.

But UTXO versus EVM.

Here's the story around what happened.

At one point in time, there was a vision to launch something that was a DAG, right?

And the DAG, what they wanted to do

was have it behave very similar to Bitcoin, just with the increased speed and an EVM layer, which will allow smart contracts.

So if you think about Bitcoin, the way it works, Bitcoin, it's, it has one functional capability, essentially.