Qubic "All Hands" AMA

Hinzugefügt: 2026-05-31

[00:00:15]digital dawn.

[00:00:19]Break the code.

[00:00:23]Lights on.

[00:00:26]Cubic mode.

[00:00:31]Neon rain on the city skin. Clock hits one, we're booting in. Clean signal, no static lies. Wide open like midnight skies. Hands up, we move as one. Po locked in the kick and drum. True flows when the baseline hits room lights up the cipher fits. No fear, no walls, just motion. Mind and mind like say the word ignite. We're alive in a neon light.

[00:00:57]We're alive in the neon light.

[00:01:13]>> Hello everybody and welcome to the cubic all hands. Um happy to have you here. If it's your first time tuning in, thanks for joining us. We have uh a powerp packed AMA today. So, I'll run you through what we have on the agenda. We will hear from the scientific team. We have some amazing updates for them. So, I'm super pumped. We'll hear about business development, marketing, a tech update, and as always, we will open the floor for a Q&A. So, if you have any questions, please feel free to drop them in the chat box. We are streaming this across multiple platforms and we will have somebody that's moderating the chat. So, uh, let's get started.

[00:02:00]Let me add Jose and David from the Cubic Scientific team to the stage. Hello. How are you?

[00:02:07]>> Hello there. How are you?

[00:02:09]>> I'm doing well, thank you.

[00:02:11]>> Good.

[00:02:11]>> Hello. Very good here, too.

[00:02:14]>> Okay. Can't wait to hear what you have to share with us today.

[00:02:17]>> Yeah. A few things. a few things this week. Yes, this couple weeks.

[00:02:21]>> Okay, I'll let you take the stage.

[00:02:23]>> Okay, maybe next slide then we'll go straight in. So, yes, the first big news is that our third paper has been accepted for the main AI conference and since kubic is all about AI, what best to to be there and the great thing is that we have just been accepted. The the paper is the the third one and it's related to the multi-uro. If you remember, we have just come from Berlin for the previous new 2 and this is the evolution of all that. So we are very proud to be here with basically all the all the greatest minds that have been developing a for the last I don't know a couple decades. something to add on Jose?

[00:03:00]>> Yeah. Uh just to remember that uh in every science corner, in every paper, in every group, in every university, uh when you when you get accepted, you usually uh go to a conference paper where you meet all other scientists and then the the publication uh goes on. So um this although we are not presenting the proposal this week but our our goal of course is to to keep on uh this difficult job uh this is a a conference which is uh we feel it's a a little bit higher than the one in Japan and in Germany. So we are very happy because uh it's very difficult to to get the paper published and now in 2026 we have three and our goal is to keep on working in this in this field. Um so so cubic may uh differentiate uh between from from from other crypto projects who who doesn't have any scientific background. This is the goal and this is what we what we are aiming to. Um and we we will explore it and explain it as many times as as as it's in it.

[00:04:19]>> Yep. Once accepted you need to of course go and and do the show otherwise it's it is not published. So basically have like you have done anything. So yes we with the difference with the price we will wait a whole week or must two probably one only uh to present this proposal because we of course we need to cover that.

[00:04:35]>> Okay. Next slide. Defy >> and David uh remember that uh we were thinking last month about uh getting some sponsorship for this AGI conference and we were delaying that uh we have the paper we have we have thought that it's it's it's not the moment to to ask for an sponsorship for the for this conference although this is the unique world conference related to AGI and AGI is the uh goal of AGA and of this project. So although it's the best place to be for a sponsorship, we understand that the price is is is the price right now. Uh but at least we have a uh the paper accepted. Uh and we can be there.

[00:05:23]We can learn from people. We can spread the word. Uh but we realize this is not the moment for for a sponsorship. But we hope that in the future AGI 27 conference uh cubic we hope that maybe there >> it's a gold sponsor there. Yeah, it's not cheap to be a sponsor sponsor that kind of the gold the gold year but yes sadly with the current price we we think is maybe it's not the best time but but yes of course going and presenting is the thing to do. Okay. Yeah. And the second big thing is as you know we have just came from Berlin to present the new paper. Finally, New Rexon is not just in the realm of the of the preprints. It's really a published paper. It is on the on the road to be on on the main publication uh venues like Scopus and and the IT and and that's because we we we went to Berlin last week to do the presentation, but also in the presentation we were so happy to get award the the best presentation of the of the evening. So Jose >> yeah uh this was uh our second paper and uh first one was for trinary aspects in time aspects which is the one that we are uh presenting in Japan and this one is a little bit higher that's why we were in in in Berlin so and we were very happy to to get this uh this award and and I think this is uh this is a good background for the for the project.

[00:06:49]Okay, next slide, defe.

[00:06:53]Okay, another of the releases of these weeks, as you know, we have been heavily involved with with these things that are are really not in the in the the pre-plan. Of course, we hope to have these these events and this these conferences to to be there, but of course, it it adds a lot of of work to do to be there and to spend a lot of time doing that. But also we have been able to to manage to release an acton game of life 5 with some new feature that is related to an intelligence factor. Can you give us some hints on on that Jose?

[00:07:23]>> Yeah the idea is that uh uh the G factor means that uh some general capabilities in order to do many different things. So we may uh insert this this feature into the into the little interactions into the individual ones because if they may do several things at the same time uh or may they may uh uh perform good in several uh features and several uh tasks uh somehow it's a way of uh implementing this G factor. So, so we are uh trying to experiment in this uh game of life with this uh new new update.

[00:08:07]>> Yeah. Next slide.

[00:08:10]Okay. The second big one is we have just released just in a couple hours ago. Uh the first new leap uh client server, New York server as we also call it. And the thing is that so far we have been dealing with just this new leader research editions that you can uh execute in your own device or execute online using the the hug set face set up. But also we we think that is interesting to have something uh that is persistent not just something that you can uh use in your own in your own computer or or or on the cloud but something that you can interact with other people and that's why we have developed this new version of neuron 5 is is this clean server. Basically we we have developer server that is currently live in nxon.online uh and basically there you can you can pet or you can read your own uron with different set settings that you can set up uh and then you can see how it behaves in this simulated earth somehow of of development. It's the same more or less the same. We have to to change some things because the the head of computation need needs a bit of changes on on the thing. H but you can you can see how it lives and it maybe can live I don't know not forever because we should have to to shoot down the machine at any point maybe to release new version that's why we also call the sessions of the of this new life and and of course there is the full this is full source code basically you can you can download and you can set up your own server if you have a a private server um in Ubuntu or whatever thing you can you can build your one and you can change different different setups and what we have already deployed here is is not just this is This is great. So people can start to compete somehow with with your parameters but also because it's it's it's something where you can see something that is really evolving. So basically it's not a one sort or one thing that you can do on one time but something that you can see how it behaves and how it change through through time. If you use the the server settings you basically can manage different things. you can manage the parameters and one of the critical things is that the model itself the model the the new actual model that is running uh we are continually building new new models and we indeed one of the next data sets data sets that we're going to release in June is regarding this neural architecture search we try to find what is the best neuronal connections of neuronal uh um parameters there are hundreds of parameters at the moment in neuroxon and and with this this with this new neur neural architecture search that that we use the best one is the one that that we implemented here. So basically it's also a test bed uh in a longer setup in in a more time setup more ticks how it's going to behave and hopefully in in some point in the future we can also connect this to yeah to queen and to the public network that's one of our desires too.

[00:10:52]Something else to add Jose? Yeah, as you may see in the upper left corner, you may see there uh that you can uh uh create your own neuron and and you can you can watch it live how it moves and where it says PC1 or manifold or alpha 1 alpha 2 more or less to be uh in order to make it uh easier uh it means PC1 it means which part of of his behavior here is related to this General uh characteristics. Huh. Okay. So, next one please. Defy.

[00:11:34]We are uh presenting also this week uh a new volume one uh intelligence academy and we explain there uh the origins of this G factor. So it was started in in a schools in France where where a century ago uh one famous researcher realized that people who were good at mathematics they were good at indeed at language or physics or whatever and this this is related to some neuroscience structures in the brain and of course this is this should be related to the goal of searching for an general artificial intelligence. So you may read it and you may ask any questions about it in next or or in discord. And uh this is all this is all from from the scientific team.

[00:12:26]>> Yep.

[00:12:29]>> Thank you.

[00:12:30]>> Thank you.

[00:12:36]>> Thank you so much for the awesome updates. Um good to hear from you. Good to hear about Berlin. excited for AGI in San Francisco.

[00:12:45]Hope you guys make it there for sure.

[00:12:46]We'll be supporting you back home on the ranch and good to see all the new developments that you have going on.

[00:12:53]There's always something new and exciting with your action. So, >> thank you.

[00:12:58]>> I'm gonna call Kim to the stage.

[00:13:02]>> Hello, Kim. How are you?

[00:13:05]>> Hello, Tiffany. How are you?

[00:13:07]>> I'm doing well, thank you.

[00:13:10]>> Yes.

[00:13:11]All right, let us just talk a little bit about about business development.

[00:13:15]>> Okay.

[00:13:16]>> So can we have the the first slide please?

[00:13:21]>> Yes.

[00:13:23]>> So uh the last few months uh we have been about building the engine before hitting the accelerator. Now we have like 58 active leads structured in our pipe drive CRM and uh it it's across chain exchanges RAM providers ecosystem partners VCs developer groups and more. So every single one goes through our BD life cycle after identifying the synergies between cubic and this project.

[00:13:58]So we have like two headlines for now and uh this is uh regarding listing in token terminal and this is like institutional grade onchain analytics.

[00:14:13]So it gives uh information about the market cap, the trading volume, the developer count, I mean like uh the the codes been developed on the GitHub, the commit and everything and it's all recorded. So this is alongside like major uh L1 in the space. So this is a credibility signal and it's very important. Uh second uh the listing board has active voting on both a fiat tram partner and a cryptocard payment solution. What that means in plain terms that cubic is moving towards being spendable. It means like today you can go with the with the card and the merchant can just scan the QR code and you can pay with your cues like if you are buying Starbucks or or Costa Cafe whatever but this will be uh limited in a certain regions for now and uh hopefully the this project will expand a little bit on other regions and for exchange side. Uh I just want to tell the community that conversations are ongoing. We have a very deep conversation for the past you know uh quite some time talking to the exchanges trying to navigate uh to find uh a best path for us uh considering the market sentiment and the situation that we have now. Next slide please.

[00:15:54]So I will just give a a glance about the pipeline that we have. So uh we have like 13 hot leads, 10 warms and 24 cold you can say in pipeline and 11 is uh not pritorized or discarded. So the 13 leads hot that first conversation already initiated and done and there is follow-ups been been made and uh waiting for some feedbacks. Okay, that hopefully that will result for for moving forward to certain partnership or listing in a certain exchange or you know payment rails or ramp providers. Uh we have 10 warm leads. This is initial discussion have started but they are not a priority right has less priority you can say but still we would like to keep the conversation open because uh if we find like uh things can develop to a very solid and concrete partnership then it can uh rank to be a hot lead. Uh the other 24 uh cold leads uh there is no physible strategic fit right now at the moment but still it can be something to develop in the future. So we keeping those leads uh uh in our pocket if I may say to to get them out in the right time and the 11 uh lease that is blocked is discarded because doesn't fit cube uh and it's totally in a different realm than cubic. Uh next slide please.

[00:17:54]So uh this is regarding uh token terminal. Just I want to take a moment to provide little bit context to the community because I think it's this is really matters more than it might look.

[00:18:10]Token terminal is where institutional analysis funds and serious researchers go to evaluate protocols. So being listed there means that cubic is now in the radar of those entities. Okay. Uh and the point is there uh they they can now tracked verified and it can be visible to people who make capital allocation decisions. So I already shared the link on the discord but in if anyone wants just to to fast grab the link just uh DM me and I will send you the link. Uh just last point in token terminal. So we have a standard uh data on the dashboard. uh yet we can have a customized data based on our requirements but this is required to invest certain amount of money which I believe it will be worth it but maybe not right now because with the certain with with our situation now with the market is better to postpone it but definitely it's something that we have to consider imagine that we can just show on the the token terminal dashboard about how many blocks of doge mining we have done, how many uh profit or burning that is been done through this process. This is uh shows a lot of data and verifiable data which will be very bullish for uh you know entity like uh uh funds or institution that wants to allocate funds in certain projects. Next slide please.

[00:20:02]Uh now what is next in best depth? So uh this is our priority uh and our focus and let me say in Q2 and Q3 or maybe to the end of the year hopefully uh exchange listing and payment rates.

[00:20:24]uh we are tailoring uh you know uh certain proposals that strategically fit Cubic and make sure that we will be able you know to conclude it and moving forward.

[00:20:40]Uh I'm just saying plain and clear for the community that we understand the issue with uh EU coverage uh when it comes to buy cubic and sell cubic not sell by cubic only uh in in the market in EU because in 1 of July uh the reg regulatory will enforce that uh every project has to be uh compliant and then we need to comply and we need to be listed in such exchanges in EU. This thing uh this topic is hot topic and we have we had a deep discussion about it uh with the listing board and uh we are on the verge to solve it uh hopefully.

[00:21:31]Uh so we will try to push to have an announcement of a listing uh within the end of Q2 or the beginning of Q3 uh if things went in the right direction.

[00:21:46]Uh second uh priority for us is cubic as a compute layer. It's a very important that uh uh we need to position ourself as a uh a decentralized infrastructure that provide computing power. Now this subjected to cordiff team milestone to provide the design they are working on because it will help the business development team to understand uh which market that we need to target how our client will look like and we can build uh a business case in order to pitch uh this milestone to to potential clients. uh third third uh point priority is a use case for our high speed. So I'm thinking about targeting payments and gment microtransactions which actually we are working on a certain project that can uh open this gate for us and waiting to find the right path for this project uh to build on cubic. So we will discuss if it will be funded from CCF or will be going through an RFP uh process. So still this point is not concluded but uh it will help us to to tackle this milestone special. So the fourth and the final one is the ecosystem and the community uh business development. So still we are targeting the ramp uh providers and the card payment partners. We will we are trying to strategically choose them.

[00:23:32]It's not like anyone that provide such a service that we will go and partner with them. So mainly we are targeting regions that we need to expand like Latin uh USA uh and uh Asia especially Southeast Asia. So we are targeting those regions because they are highly uh crypto friendly and there is a lot of potential for us there. There's also a discussion with the hardware wear wallets but still there is problem with the integr you know integration aspect to uh but we're trying to solve it. Uh also we have a we have a discussion with the dev groups that they are very interested to build on on cubic they have been investigating the the the code they have been testing on the test net some smart contracts etc. So hopefully something will come out positive from from those discussion.

[00:24:31]Uh and this is coordinated with the incubation team. So mainly as a business development I'm you know fetching out those dev groups give them some introduction uh push them with some ideas. Then when they are feel like they are really interested and ready then I hand over them to the incubation team.

[00:24:52]Next one please.

[00:24:56]So uh before I uh I I I complete I just want to say something for the community and uh I want to close with something I feel needs to be said directly for you guys.

[00:25:10]Uh I know the price is difficult right now. Uh and I know some of you have been here for a long time as a as me.

[00:25:18]uh and I see the community and the frustration and the prices is just really not good and depressing.

[00:25:28]But I want just to say something. So uh reading about Bitcoin, everyone laughed on at it for many years, few years in the beginning and even ethereum was called like a solution looking for a problem. So every technology that changed the world went through a moment where the price said zero but the vision said everything and this is exactly cubic. While the market is noseding, still our scientist team getting academic recognition, still our core dev team hitting milestones one after another. We are mining Doge now and we reach I think the fourth fourth rank on the on the doge pool.

[00:26:18]So the road to AGI is being paved. So we are not building for today's chart.

[00:26:25]Okay. We are not we are building the infrastructure that the board I believe doesn't know it exists yet.

[00:26:33]uh so the biggest moves in history happened in silence. So I believe there is a moment of time that we will look behind our shoulders to those red days and laugh at it. Uh so let us keep building and let us keep believing and in cubic and that's it. Thanks everyone.

[00:26:58]Thank you so much for that message because I think a lot of people can really resonate with that. You know, it's easy to be a little bit impatient in the short term, but when we know what we're building behind the scenes and the progress that we're making, there's truly nothing else that exists like cubic. So, it is a bad time in the market for sure and it's frustrating for all of us.

[00:27:23]>> But thank you for your time. Good to see what's going on in the business development world and keep the amazing work. Uh let's see what we got next. Is it is it marketing? Oh, it's marketing.

[00:27:34]Okay, awesome guys. Um I'm going to do a quick run through. You know, I share the same sentiment as Kim's. It is a it's a tough time right now. So, we have to basically stretch a budget that when we proposed looked very different than what we have right now. So, with that being said, um just some numbers for organic and paid marketing. We are trying to create a baseline for the money that we have access to at this moment. And with that, we've been able to obtain um a little more than 16 million paid impressions so far for the month of May.

[00:28:11]So, we have a couple of days left. Um my personal goal was set at 20 million impressions. Let's see if we can hit it.

[00:28:18]We might just be scratching at it in a few more days. Um, our CPM did go up a little bit this month. It was 22 um cents per thousand impressions, which is still a great number. Um, we did some testing on what to mine and our CPM was above $4 and we were very limited in our ability to market there. So, we actually decided it wasn't the best fit for us.

[00:28:47]um we weren't able to control the frequency of uh and the visibility of our ads. It it was a it was just really difficult as a little bit of an archaic platform compared to other social media that we work with. So just wanted to let you guys know. Um but that budget is reapplied to the marketing that we're currently doing. Organic impressions uh around 3 million on X so far this month and 9,313 on LinkedIn. Our total ad spend as of today is $3,55929.

[00:29:21]And just a little glimpse at the paid marketing on X. Um you can see it's it's been pretty consistent throughout the month. There has been a couple of days not as great and then again you'll see a little bit of a spike after the AMA and the all hands recap. Um as always there's a lot of traction happening in the marketing think tank. So if you have anything that you want to bring to the table, any ideas about partnerships, places to advertise, market cubic, um please feel free to drop it in there.

[00:29:54]The chat is really interactive and it's a place to share ideas, brainstorm together, um about what you feel like we have as opportunities, what we can do better, you know, an open place for feedback. So keep doing that um and I will support it in any way that I can.

[00:30:12]And now we have the tech update and I'm going to welcome Mr. Joe to the stage.

[00:30:21]>> Hello. Thank you very much.

[00:30:24]>> Nice to see you.

[00:30:27]>> Yes, take it over.

[00:30:30]>> Thanks. I'm ultra tired from the last days, but uh I going to I going to have a really short update for you guys today.

[00:30:38]>> Okay.

[00:30:39]>> So, let's go.

[00:30:45]Um I start with what we have released in the in the last two weeks. So basically we had a really big update on May 20th.

[00:30:55]That was last week. So we increased the uh the the transactions per tick from 1k to 4k which allows much higher throughput in within the network. Um this change was made actually it's just a parameter change. So the cubic cubic network has some network parameters let's say protocol parameters which we can adjust to our needs and one of them is how many transactions we can process per tick and the last time when we did this was I don't remember like two years ago and so it was very I was curious to see how the network reacts do all the nodes work and all the ecosystem around Does it work? And yes, it worked out. I'm really glad to see that the RPC, the light nodes, the Bob nodes, um all the exchange, everything is green.

[00:31:58]Everything is running well. So we we can say that the protocol update, the parameter update worked as we had expected and we are ready to do more such updates when the need comes.

[00:32:15]Um yesterday was an epoch change. Yesterday we shipped the so-called detour algorithm for the AI training part of cubic which is the like the like like the the first step to the ant colony which is right now developing.

[00:32:35]You can imagine that the the cordfs especially cyber PC is working together with with the cubic science team and CFP to uh to how do I to uh to evolve to to to change the AI algorithm to do further research and uh we did the first step yesterday it's now live on the on the mainet uh we will see the results in hopefully a few weeks and then can go ahead from this.

[00:33:14]Last epoch we had we hit some other highlights or let's say alltime highs alltime highs in the network. We for example hit the the two more than 247 million transactions per app and we had the network running at the speed that we hit more than 940k takes perpo. Um that's absolutely new.

[00:33:47]uh not no not sorry not new it's absolutely increasing how how the network is getting quicker and how we can put of course more transaction in it.

[00:33:59]Uh today we are running at the pace of 0.4 seconds per tick.

[00:34:06]That means that if you send the transaction right now you do not have even to wait 1 second to get your transaction confirmed. So like a end to end speed in your wallet if the wallet is coded well. You click send the transaction and 1 1.5 seconds later you know if your transaction was executed or not. So that's basically instant and that's what we want to have in cubic. So I'm proud that beside the protocol update which works well we can still keep the the speed as we wish.

[00:34:45]Okay, let's go over um I have a really short update for the outsourced computing topic and I keep it short because on June 3rd we will have a dedicated tech AMA where we have the focus on outsourced computing means that the the project lead which is F npspace which is one of the core developers would join us in the anyway and hopefully explain us what what does cubic mean when we are talking about outsource computing.

[00:35:22]Keep it in your agendas. It's on June 3rd. We will get the uh one of the most expected updates on on how or what's going to be built. Um the dates which currently are now estimated is that we finish exactly on the third tune the architectural and design stuff so that we have the base to explain you what we're going to build.

[00:35:48]We will have a mock testing by made of tune. Maybe it's a bit later. Mock testing means that we can run our own tests on our site in a test net in an isolated test net where we can see if the if the design and the architecture of of what we have built or what we what we want to achieve is is working. If that everything goes well, we plan that we can start on the mainet with the outsource computing module by beginning of July.

[00:36:24]And then of course we need some test iterations. There may be some updates, some change and with the goal that by end of July, maybe beginning of August, we can start with the full full scope of of Oracle machines. basically finishing the third pillar of cubic.

[00:36:44]Um, yeah, that's uh I'm really looking forward to that and I'm happy to have Northspace with me on on on June 3rd to have a more deep insight also for you guys on the on the other focus topics which are the seamless updates and the CI CD um improvement. CI is continuous integration and CD is continuous deployment. It means that if a if a developer is coding something, if you're adding something new to the to the core, then it's got deployed automatically and tested automatically. Think like this, that's CIC.

[00:37:26]So about the seamless updates, uh I must be honest, it's a really tough topic.

[00:37:35]it's it's giving us uh headach. So we are trying to emulate different ways on how we can achieve it.

[00:37:46]uh we for example we have ruled out something which we called a let's say a naive tick guard code um which was one of the first ideas during the design phase and then we found out later okay that's not going to work so we need to remove it from from the table and that's like an iterative process to find the best ways to cover that topic. Um what is currently working worked on in this area is we call it um smart contract state changing core.

[00:38:21]This means that if a smart contract has an update which is in in the end version of cubic smart contracts are immutable means that a once deployed smart contract should not change. But currently because of the heavy development process we are in we have smart contracts de um changing we have I have another topic about this we have for example as we need to fix bugs or something like this. So the smart contracts have some um some development or like evolution and to have this automated we need a automatic transition from one state to another state.

[00:39:05]I give you an example from last epoch.

[00:39:07]We had a update on the on the Q swap smart contract. So a state change could mean that we reduce the size of the state. Um for the ones asking, hey, what is a state? The cubic smart contract state is basically the persistence layer of the smart contract.

[00:39:26]The persistence layer is for example, if you add an order to an order book, this needs to be saved somewhere. And the state of the smart contract is exactly where this is saved.

[00:39:40]So yeah, that's why that's why we need this for seamless updates. We need a seamless smart contract state migration and that's what they are currently working on.

[00:39:52]Uh a bit technical but I hope uh you guys understand it on the CICD optimizations.

[00:40:00]um wasn't made big progress. The main reason for that is that we had some minor issues in the guardian network. Uh the guardian network for the ones who are new here or do not know what know what it is. The guardians are like a layer in within the main network which providing nodes that people can access to the network. So um and we have this the guardian network is like running on its on its own and we found out that there are cheaters. Let's name it on the name. So people tried to cheat the network.

[00:40:45]um of course because they want to get some rewards and when you get rewards for free you try you try your best to get it or most people do that means that we were fighting against this we cleaned it up we shipped updates for the light nodes and the Bob nodes to stabilize the the situation uh why is this important for us because if the main network including the guardians is stable. We can keep the pace we have.

[00:41:18]we can keep the the stability we want and that's why the the CI/CD optimizations had uh like a back we were not that much working on it as we wished as we would have wished some or let's say two important dates I know I'm repeating myself but they are very important the next one is the 10th of June which is the date where we change another protocol parameter. So that's in order change you would say that's like a hard fork. So we we update protocol parameters and in this case we update the the maximum input size. The input size is how big a transaction can be.

[00:42:15]That's basically the the explanation on it. Um means that the bigger a transaction can be the more content you can put in and the more you can build on it.

[00:42:27]uh we do the update to have a for example for a higher Oracle machine throughput or for uh for more multi-reient transfers or for further use cases in the smart contract so that they have more headroom to build what they need.

[00:42:48]And the second important date is in epoch 227 which is around August 19th. Uh it's the emission haling which is still subject to to to approval by the computers. So the as as a decentralized network cubic governance layer are the computers and they need to approve important change and the hing is one of the important change they have to approve. The proposal is sent out was sent out today. So we expect that we have a result if the computers agree to proceed with the the the economic model which was designed for cubic. We should know it on alo on third of June which is uh let's cross the fingers that the computers code the right way and that they support the the continuous development of cubic.

[00:43:51]Uh the last one for me today is many of us or let's say many of the core developers are quite busy because we recently received many many let's say bug bounty inputs. Backbound inputs are that any researcher any death find something in in the code which could be dangerous which could be damage or well just bugs in the code basically or errors in the code. Um what happened not not only for cubic but all over the industry is that um with the upcoming of the of of better AI LMS is that the security researchers can have much more throughput. So they they basically scan the network the internet for for code for bounty programs and they just injected a lot of submissions.

[00:44:52]Um so what we did is we say okay we have we c one step we need is that we centralize every submission. So if anybody of you found a bug or something like this you have to go through the desertic bug bounty program. I can give you the reason why we have to central centralize it. We had one bark in in the core in the core code which was reported by three people basically at the same time and it's like okay to whom do we talk now who is who is eligible for the for the for the bounty and we had the case that one one one one submission come from from the left side and one submission from from the right side and they were processed at the same time. But yeah, so we need to pipeline everything and that's why we go with Certic. So they do the the dispatching for us. Um if you want to help us, please try to to not Yeah, let's say less noise.

[00:46:06]Don't think about any sub every submission. Um create a rep reproduce what is the issue. Give a clear a clear impact declaration.

[00:46:22]uh what is what is the the damage that can be caused and please not only AI stuff it's it's absolutely okay to use AI and that's what all we do but also review it by human so that um let's say some resources can be better used by our devs than just reviewing AI inputs which sometimes is really good and on the other side sometimes is really bad.

[00:46:55]Um, that's from from my side.

[00:47:00]Uh, I just can give a big thanks to everybody who helped to carry out the the big updates we had the last weeks, the protocol change, the hard forks we ran to the mainet.

[00:47:12]And that's from my side if we can go to the AMA, I think.

[00:47:17]>> Okay, sure. We do have some questions.

[00:47:20]I'm just getting the last question here.

[00:47:22]Um, okay, let's start here so I don't get confused. Is certic for all the contracts or only for some of the contracts?

[00:47:31]>> Um, the the thing is that the contracts which are deployed in cubic is are not owned by us. So that's each contract has let's say an owner.

[00:47:43]>> Yeah. Yeah.

[00:47:44]>> And they they are responsible for if they want to process if they want to to be part of any bounty program or not. Um what we have to change that's now in progress that we clearly state that every user contract is not part of the core bounty program. So we we cannot cover any any we cannot cover all the contracts.

[00:48:12]It's not possible, >> right?

[00:48:14]>> Um, and that's what's going to be updated also on the Certic page. It's not clear right now. So, the short answer is no. Any user contract is not part of the official cubic bounty program.

[00:48:28]>> Okay, understood. Thank you. Um, I'm from the question. I'm from Louisiana where large data centers are expected to expand over the next few years. How could someone locally involved in infrastructure awareness and distributed compute educate potentially with education potentially contribute to Cubic's long-term vision?

[00:48:58]>> Maybe I've been wrong to answer this.

[00:49:01]Um, if I can just give you the example. If I would be there, if I would have access to such um uh buildings or infrastructure, I would start investing in in in infrastructure like uh like building um CPU forms, TPU forms best is mixed and contribute in that way also to cubic because that can be connected. Um I know that there were or are several community initiatives which which want to build like a cubic data center and that could be really cool investment so that uh the community unions together and build a cubic data center which is operated by by the by the cubic community. I don't know how to tell it.

[00:50:06]Um if you are if you know about the cubic it's like this this decentralized we are decentralized decentralized so that means that we have different work groups working on on specific topics. So I could personally imagine that there's a work group for infrastructure or something like this.

[00:50:28]>> Yeah that would be amazing. Um a communitydriven data center.

[00:50:36]>> Yeah, I know that people ask me for that and I said, "Yeah, do it." I >> Yeah, >> we encourage you get involved.

[00:50:45]>> Yes, of course.

[00:50:47]>> Um, so what do you think? How can the use cases of cubic be popularized for enterprises?

[00:51:00]>> I'm sorry, I didn't get the first part.

[00:51:02]I just How can the use cases of cubic be popularized for enterprises?

[00:51:14]>> Popularized means used like how could an enterprise use cubic?

[00:51:22]>> Yes, I think that's what they're after.

[00:51:25]>> Okay.

[00:51:27]Um that depends on the enterprise. Um one use case could be I mean it depends on the enterprise and the use case. So um they could use technology from us knowledge they could use the the network for for research.

[00:51:49]Um so for example what we do with with Agard and with Neuroxon uh similar things could could run But it's very hard is it? That's that's the question I hear a lot. And that's uh that's also what Kim's mentioned in in his presentation. That's one of the one of one of the the things on on his I I add him to the state, but that's that's one of the things on on on your list, Kim, right? I'm sorry I just took you to the stage but that basically connecting to enterprises is is is one of on on one of the tasks on your list as I understood.

[00:52:37]>> Yes.

[00:52:39]uh as you say this you we need to understand what is the pain point for those enterprises what they are truly looking for and how that's matching uh cubic and cubic infrastructure uh usually uh enterprises they don't understand the the high-tech and the deep tech and they need simple uh uh you know uh prototype or uh a business case that they can understand.

[00:53:13]So this is where business development comes. It's just to merge between uh the deep tech and you know the uh the complicated uhity and the enterprise uh with a simple word to to it's like a bridge. So yeah uh for me it's it's it's a target uh and the thing is we need to build the products and uh and to shape it in a very simple way for the enterprise to understand it to to to be to in order in order just to move forward. So yeah >> maybe some two stream lines.

[00:54:07]>> I also we're in the we're in the final pillar of development in cubic which is outsourced compute. So the reality is that doors are going to be open in the process of development that we were unsure they didn't exist before. So opportunities will be will come to fruition through the development process if that makes sense. So we can't nail down necessarily what the exact use case would be at this time if the development is not finalized I guess um you know the world is moving fast AI is moving faster we are developing at the speed of light everything is changing on a regular basis I I don't know that we can ne necessarily nail down the exact use case for an enterprise I think there's many doors which could be knocked on but I think that it will evolve over time.

[00:55:02]>> Yeah. Yeah, I agree.

[00:55:04]>> Yeah, I agree with you. Just >> let let's be honest.

[00:55:14]>> Yeah, >> I told you guys it was a cubic hat.

[00:55:20]>> No, but let's be also honest on that side. I mean, we we are under heavy development. Imagine a company with a with a stable business process.

[00:55:33]They would at the actual moment not be able to keep up with us. They would most probably also not be happy. And and Cubic is built to run AI native means that the the the core layer of Cubic is is is built to run native AI on it. And that's not that's as far as I know it's nothing which already exists and that's what we are building. And that's why existing companies or enterprises which have their business processes they most probably do not fit right now into what we are doing because the as you said guys we are we are developing very on a high speed. we have uh almost weekly updates and that's really hard to keep pace with that and that's why why we target also the the finishing of of of the core infrastructure and as soon as we have this we can move forward that's like that's a plan since years even if people pretend to know that >> so we need this for that >> yeah Okay.

[00:56:50]Um Okay.

[00:56:51]>> Can I jump in?

[00:56:53]>> Yeah, sure.

[00:56:56]>> Yes. uh see uh as Jotto was saying still there is some core uh texts to be done but still I believe also the idea of the the speed like we were moving uh from uh 1, transaction 29 something like that transaction per per tick to 496.

[00:57:24]So we are moving in a very fast pace and I think this this is a fe feature of the chain that we need to translated to something you know as a product that we can uh introduce to enterprises like for example settlement uh layer for for payment microp payments this is the this is a topic that I'm thinking about for for quite some times I have some ideas. Uh I think it's if we manage to to to bridge between this the the speed and uh and being a very fast in the settlement layer then this is like a a very a very uh positive and a and a and a good a good some good something good that we can pre present to institutions.

[00:58:19]>> Yeah absolutely.

[00:58:22]So, we still have some things to do. Uh, they're being worked on and I think the the vision will evolve and use cases will present themselves along the way, but we're kind of taking it in stride and these steps are necessary to have a working product that we can present to an enterprise client. So, um, I think it's limitless after the development is pretty much finalized. There's going to be a lot of ways in which we can partner with enterprises.

[00:58:52]Okay, so couple more questions.

[00:58:56]0% cubic burned after Doge mining. Why?

[00:59:01]Well, I I I guess they haven't been getting the updates, but maybe we can have a short explanation of what is what is happening. It's it's planned, so don't get worried. It's not it's not a bug. There's no bounty on this one. It was all planned like this. But Jotum, can you give them a little bit of a an idea of why it's happening this way? Um, and and when they can expect things will look a little bit different.

[00:59:29]>> Well, the the the whole DO thing is explained like 100 times in in our channels. Maybe we should summarize that up in in one slide.

[00:59:41]>> The Doge mining is is is a is a ramp up for cubic. So it's like a showcase how we can integrate with the network. It's showcasing the the Oracle machine usage.

[00:59:54]It's it's it's giving us insights on on the throughput on on like load tests for the network. And these these are all the things why we built this stuff. So we don't build it to to burn. And the key the key statement is is that the miners who mine it should get it. It's not it's not that I mean think about think yourself about it. If you mine mine on a on a project and you would not get what you have mined it's it's likely very strange and that's that's basically the reason. So we are first in a ramp up phase. We have defined the rules since the beginning. They are set and that's why there were no burns from the doge part.

[01:00:49]>> Okay. Yes. We want to attract and incentivize miners to join the network essentially and there is a ramp up period and it will be reassessed. I was it the community also voted on a 9-w week delay. Do you know where we are in that nine weeks?

[01:01:06]uh epoch 218.

[01:01:10]Is it going to change?

[01:01:12]>> That's basically so >> we're 215. So we have >> four more.

[01:01:19]>> Okay. So >> I know three 188 sorry >> three full weeks. Okay guys so you heard it here first. Um question about the having what does the economics look like for it? I mean, it's not like miners are living it up at these prices.

[01:01:39]Um, well, the economics the this emissions are cut in half. So, we would go from is it 450 billion per epoch to 225? I can't >> Yes, correct.

[01:01:59]>> Okay. Um and the having proposal is live as of today and will be voted on in this epoch. So by next Wednesday we will see um what the computers have decided and it will not go live right away just in case there's any confusion about that.

[01:02:18]It is planned for August of 2027. Do you remember the number epoch? I can't remember off the top of my head.

[01:02:25]>> The epoch is 2027.

[01:02:27]Oh, 20 227, right?

[01:02:30]>> Yeah. Yeah. 227. This where it's terminated for to go live.

[01:02:36]>> Okay. Which puts us, I think, at the middle of August, if I'm not mistaken.

[01:02:40]Uh 202, >> I'm sorry. It August 2026, not August 2027. It's EPO 227. Okay. So, that's where it came from.

[01:02:48]>> Yeah. So, keep an eye on that. Um, there has been positive feedback so far, so we'll see how it goes. I agree with you.

[01:02:56]It would it would be great. it would cut the emissions in half for the next uh 52 weeks if you don't know how the having works for cubic. Um yeah, anything else that we want to add?

[01:03:15]>> Any last words?

[01:03:17]>> Oh, from my side. Yeah, I'm I'm in my when I don't know is this an English word tunnel. Yeah, I'm in my tunnel in my my coding tunnel and uh that's then I sometimes have really hard to communicate and that's actually right now is the moment like this. So not much to say just that we are working on on on improving.

[01:03:43]>> Yeah. And uh I I I saw the question that the people are asking how many people are working for cubic.

[01:03:52]>> Oh yeah, >> it's a very very interesting question because >> we um people may think that there's a cubic entity which is not true. So there is no company named Cubic. Cubic is is organized decentralized. So we have these work groups which are founded by the so-called computer controlled found and they need to deliver. So we have uh we have the tech group um in the within the tech group we are around we have let's say 10 12 people something like this um we have a marketing group you have >> six to eight it depends >> we have Kims with us which is is mainly responsible for the business development you have the scientific team which we have two people and we have the incubation coordinator, Mr. Rose. So, 25 people, something like this.

[01:04:52]>> I was going to say several dozen. So, >> okay, perfect. Uh, but but what I want to close with that is what is more important is if you look at the at the at the cubic GitHub for example, the the people who contribute to Cubic, which is open source, are way more. Mhm.

[01:05:13]>> So, and that's what counts for us. If you look into the into the discord server, um the people bringing input um posting on X um discussing having AMAs around the world in different languages for me these are all these are all cubic employees and they are spreading the word. So that's why I I cannot say okay we have a company we have so many people. No, we are like this group distributed around the world.

[01:05:43]>> Yeah. Um 25 people, how do they get paid? So, well, if you're new here to CUBIC and you wanted to start a work group because you have a certain skill and you feel like Cubic could benefit from that skill, you would prepare a proposal and you would put a budget in your proposal and break down, you know, what how the funds would be spent and then you would put it up um by the computers to vote on. So, we we all are here for because of that basically. So anybody's free to do that as well if they feel like there's a gap that could really benefit Cubic. There is the opportunity pretty much for anybody to put together a meaningful proposal to move things ahead. So thanks everybody for being here today. We're not employees, but can I give you my wallet address? Sure, you can send it to me. I don't know that anything will show up there, but sure, why not? Um, thank you everybody for being here. Just as a reminder, we do this every other week on Thursday, same place, same time. So, it's 3 PM UTC, 11:00 a.m. EDT. We have most most of the times we have the whole um workg group leads team joining us um to share updates about what's going on in their world, what to expect in the near future, you know, any progress, any um bumps that we've hit along the way, and we just share it with you open and transparently. So, we we do always um appreciate your feedback and your continued support. Uh I would love to get CFB on an AMA. I cannot assure you that will be happening anytime soon, but it is on my my Christmas wish list, so we'll see.

[01:07:26]Um okay, thank you guys. And and as always, come to the Discord with any questions. We have specified channels for anything related to marketing, related to computers talk, related to Mind Doge. So find the appropriate channel and chime in. Um and we'll speak with you soon. Okay. And be sure to sign up for the upcoming All Hands on Tech.

[01:07:47]All hands on deck. Tech on deck. Yeah, that's what it is. Uh June 3rd at 3 PM UTC. Okay. I dropped a link in the chat for the sign up. So we'll see you there.

[01:07:58]Bye everybody.

[01:08:00]>> Bye.