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The Biggest Day in Crypto Coming?🚀$POL + $FLOW Explosion?️‍🔥 · The Paul Barron Crypto Show

• 0:06
  Speaker 1: A lot of news breaking for September, and primarily it's
• 0:09
  Speaker 1: going to be looking SML twos today that will be
• 0:12
  Speaker 1: I think interesting in the terms of how they're going
• 0:15
  Speaker 1: to go forward, and it also could explode a few tokens,
• 0:17
  Speaker 1: So you guys don't want to miss it. My name
• 0:19
  Speaker 1: is Paul Bara. We'll come back into a tech path.
• 0:21
  Speaker 1: I want to thank our sponsor today and that is Coinbase.
• 0:23
  Speaker 1: If you are a brand new to crypto, this is
• 0:25
  Speaker 1: your first time to go out and purchase, or maybe
• 0:27
  Speaker 1: you are a crypto og and you're just looking for
• 0:29
  Speaker 1: a new exchange, check out Coinbase. All I have to
• 0:32
  Speaker 1: do is visit coinbase dot com. If you've never had
• 0:34
  Speaker 1: an account there. You can get up to two hundred
• 0:36
  Speaker 1: bucks in crypto just for signing up using our links,
• 0:39
  Speaker 1: So make sure and do that down below. It does
• 0:42
  Speaker 1: help the channel. I want to go into a few
• 0:43
  Speaker 1: points today, and we're going to get into the strategies
• 0:46
  Speaker 1: that are starting to shift around L two because there's
• 0:49
  Speaker 1: a lot of movement now and we're starting to see
• 0:51
  Speaker 1: some breakouts in terms of actual use case. One of
• 0:55
  Speaker 1: the things I want to just remind everybody is that
• 0:58
  Speaker 1: polygon Mattic is getting ready to shift over to its
• 1:01
  Speaker 1: news token and this will happen on September fourth. A
• 1:04
  Speaker 1: lot is going to occur when this starts to transact,
• 1:08
  Speaker 1: and of course one of the things that's going to occurs,
• 1:10
  Speaker 1: we're going to see some movement over here, I think,
• 1:12
  Speaker 1: on the token in general, so coinbase to support Pole.
• 1:15
  Speaker 1: But on eight twenty six, just here around the corner,
• 1:18
  Speaker 1: we'll be able to migrate the Polygon ticker from Mattic
• 1:21
  Speaker 1: two Pole on the Polygon network between A twenty six
• 1:24
  Speaker 1: and nine ten, So you'll have some issues with sending
• 1:27
  Speaker 1: and receiving will be disabled for Mattic on that network.
• 1:31
  Speaker 1: So mainly just to make that transaction. So if you
• 1:33
  Speaker 1: guys are out there doing that, just be aware of
• 1:34
  Speaker 1: that something's going to happen. And it's all about around
• 1:38
  Speaker 1: a project that he is called Aglaire, and I want
• 1:42
  Speaker 1: to go a little bit into what this is and
• 1:43
  Speaker 1: what it means. So take a look at this clip.
• 1:46
  Speaker 2: Our goal by the end of this year is to
• 1:49
  Speaker 2: have the ag layer being the top interoperability solution in
• 1:52
  Speaker 2: market fifty plus chains, both EVM and non EVM. We're
• 1:56
  Speaker 2: going to have libraries that let the ag layer be
• 1:59
  Speaker 2: deployed on all major blockchain architectures. I have here a
• 2:02
  Speaker 2: couple of op stack chains, right, I got Zora OPMA
• 2:05
  Speaker 2: net based mode, and if I wanted to go from
• 2:08
  Speaker 2: one to the other, it takes a long time. Right,
• 2:11
  Speaker 2: This simple action of send five USDC from base to
• 2:14
  Speaker 2: Zora and Minton NFT takes seven days and five minutes.
• 2:20
  Speaker 2: Let's compare this to the ag lare in vitu of
• 2:23
  Speaker 2: the ag lair which is coming later this quarter. It's
• 2:26
  Speaker 2: going to be brought down to about fifteen minutes, and
• 2:30
  Speaker 2: with the V three release early next year, we'll be
• 2:32
  Speaker 2: going down to the sub one minute sub hopefully fifteen
• 2:36
  Speaker 2: seconds range is when our current testing is shown, all.
• 2:39
  Speaker 1: Right, so this could mean a lot of changes on
• 2:42
  Speaker 1: even some of the biggest projects out there, including Salana
• 2:45
  Speaker 1: because FID answer, of course is which most likely we'll
• 2:48
  Speaker 1: see a little bit of an announcement coming up at breakpoint,
• 2:51
  Speaker 1: but that could be impacted. I want to go further
• 2:53
  Speaker 1: into this and get into a clip here that what
• 2:56
  Speaker 1: does aglare enable. Take a look, what is this mean?
• 3:00
  Speaker 2: You can actually start to do with it. I can
• 3:02
  Speaker 2: send five USDC from e to zk evm's unlike a
• 3:05
  Speaker 2: wormhole or a layers zero, there's no liquidity provider. You
• 3:09
  Speaker 2: don't have these inherent downsides that everyone else has. I
• 3:12
  Speaker 2: can deploy a governance payload, or I can trigger it
• 3:15
  Speaker 2: from something over on POS to a Star. But again
• 3:18
  Speaker 2: to be clear, this is done through the canonical bridge.
• 3:20
  Speaker 2: There is no additional trust assumption. I can take one
• 3:24
  Speaker 2: ether from ZKAVM and via the AG layer, not just
• 3:27
  Speaker 2: send it to iMX. I can then send it and
• 3:31
  Speaker 2: purchase in the same transaction, so we can start chaining
• 3:33
  Speaker 2: these together into incredibly complex operations. If we need b
• 3:38
  Speaker 2: I could take one hundred USDC from POS, send it
• 3:40
  Speaker 2: to libre go buy, which is an RWA chain, buy
• 3:43
  Speaker 2: a t bill over there, send that t bill over
• 3:45
  Speaker 2: to Canto, lever up against it to get notes, send
• 3:48
  Speaker 2: that to zk EVM, swap it for py USD, send
• 3:51
  Speaker 2: it to immutable to go buy a skin on a
• 3:53
  Speaker 2: ubiswap game. And all of that is exactly one transaction.
• 3:56
  Speaker 2: From the user's perspective, I could go from binance and
• 4:00
  Speaker 2: directly deposit into gains on a Star, one click, one transaction.
• 4:04
  Speaker 2: So this is a big deal.
• 4:05
  Speaker 1: Because right now most of the leaps and jumps through
• 4:08
  Speaker 1: hoops that you have to make when you're trying to
• 4:10
  Speaker 1: acquire certain tokens require a lot of these kinds of
• 4:13
  Speaker 1: maneuvers around wallets. All of that I think could be
• 4:15
  Speaker 1: changing with this now. Polygon talks about a partnership that
• 4:20
  Speaker 1: they're doing with Fabric and this is important because this
• 4:24
  Speaker 1: is where it could start to impede on Salana and
• 4:28
  Speaker 1: what Fiedancer is doing. Take a look.
• 4:31
  Speaker 3: It's the opinion of the ethereum community, and we share
• 4:34
  Speaker 3: in this opinion that zk is really where things are
• 4:38
  Speaker 3: going today. A ZKVM kind of runs at the speed
• 4:41
  Speaker 3: of a CPU back in the nineteen.
• 4:42
  Speaker 4: Eighties, right.
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  Speaker 3: If we want to create an internet scale blockchain, we
• 4:46
  Speaker 3: need to fast forward more's a couple decades.
• 4:49
  Speaker 2: This is the VPU.
• 4:50
  Speaker 3: This is what we're building the VPU. It's not an
• 4:53
  Speaker 3: Ethereum mining chip. It's not a chip that only does
• 4:56
  Speaker 3: one thing. You can write code and the code can
• 4:59
  Speaker 3: tell the VP you exactly what to do. It's got
• 5:02
  Speaker 3: ten times the GPU in terms of big operations, which
• 5:06
  Speaker 3: are the most commonly used operations in cryptography. So we're
• 5:09
  Speaker 3: not just making a chip, we're making a whole server
• 5:12
  Speaker 3: that's going to go in data centers all around the world.
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  Speaker 3: The most advanced cryptography machine on Earth. We plan to
• 5:19
  Speaker 3: scale to thousands of machines that we're going to be
• 5:21
  Speaker 3: shipping starting later this year, and this is the card.
• 5:25
  Speaker 3: This is going to be shipping. Ag Layer was waiting
• 5:27
  Speaker 3: for real time ZKAVM in three to five years. We're
• 5:30
  Speaker 3: planning to release this in six to twelve months in
• 5:33
  Speaker 3: close collaboration with the Polygon team.
• 5:36
  Speaker 1: All right, So that is big news because what you're
• 5:40
  Speaker 1: looking at there is a shortened cycle of where technology
• 5:43
  Speaker 1: evolution kind of goes from. If you just think about
• 5:45
  Speaker 1: what Nvidia is doing, what they're talking about is new
• 5:49
  Speaker 1: compute power for crypto. When you layer that in with
• 5:53
  Speaker 1: what's happening within Polygon, this is very interesting in terms
• 5:57
  Speaker 1: of being able to handle these transactions. One that may
• 6:00
  Speaker 1: benefit from this is Astar. So here's Soda talking about
• 6:04
  Speaker 1: one of the execs over there. He's basically saying that, hey,
• 6:07
  Speaker 1: we're going to drop a bomb very soon to move
• 6:09
  Speaker 1: the entire industry forward. So we could be seeing possibly
• 6:13
  Speaker 1: a computing evolution taking place all centered around what's happening
• 6:18
  Speaker 1: with Agla, Polygon, and maybe some things starting to move now.
• 6:21
  Speaker 1: Don't forget gaming is still already over there. This is
• 6:24
  Speaker 1: Wilder World with Aghilair. This is going to open this up.
• 6:27
  Speaker 1: And again remember Wilder World definitely on Polygon right now,
• 6:32
  Speaker 1: and they're also over at GAMESCN just in the sense
• 6:34
  Speaker 1: of we're seeing a lot more activity on Web three
• 6:36
  Speaker 1: in mainstream gaming events. So another good news going forward.
• 6:41
  Speaker 1: Here's an interesting one because this is one we've talked
• 6:44
  Speaker 1: about before Crescendo, and this is on Flow. This is
• 6:46
  Speaker 1: the most significant upgrade to the Flow network since its beginning,
• 6:50
  Speaker 1: and one of the things is going to happen guess
• 6:52
  Speaker 1: what's going to happen on September fourth, So very interesting
• 6:56
  Speaker 1: timing with all of this. If you look further into right,
• 7:00
  Speaker 1: here's a little bit of insight as to what Flow
• 7:03
  Speaker 1: will do. And this essentially starts to open Flow up
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  Speaker 1: into what we're going to see in the Ethereum ecosystem,
• 7:10
  Speaker 1: which is going to really open up a lot of opportunity.
• 7:13
  Speaker 1: And I want to go to a clip here. This
• 7:15
  Speaker 1: clip goes into a little bit more on how Flow
• 7:19
  Speaker 1: we'll be able to integrate into more and more brands,
• 7:21
  Speaker 1: and I'll explain how this all works and why it's
• 7:24
  Speaker 1: important for every retail brand out there. Take a look.
• 7:26
  Speaker 5: All of a sudden, you want to start playing the game.
• 7:29
  Speaker 5: You go back bam, all of a sudden, you need
• 7:31
  Speaker 5: to have funds in your account to be able to
• 7:32
  Speaker 5: sign a transaction, and you're like, she, how do I
• 7:35
  Speaker 5: do that? You google it, You go to some like
• 7:37
  Speaker 5: payments on Ramp, You try to buy it, transaction failed,
• 7:40
  Speaker 5: You're like what. You end up getting on the bank
• 7:42
  Speaker 5: with your fraud department six hours later convincing them that
• 7:45
  Speaker 5: everything's okay.
• 7:46
  Speaker 2: Purchase.
• 7:47
  Speaker 5: You go back to the game, all your friends are
• 7:48
  Speaker 5: done playing. You're like what, Like, I was talking to
• 7:50
  Speaker 5: someone recently who wanted to work with a meme coin
• 7:53
  Speaker 5: on Flow. So they got the wallet, they went, they
• 7:57
  Speaker 5: deployed the contract, they got it listed on exchange, all
• 8:01
  Speaker 5: without paying a single dollar, and they were like, how
• 8:02
  Speaker 5: is this possible? How am I signing these transactions without
• 8:05
  Speaker 5: having to pay any gas fees? The reason for it
• 8:07
  Speaker 5: was because every application, even the wallet that they used
• 8:10
  Speaker 5: to launch or deploy that original contract, all of them
• 8:14
  Speaker 5: were sponsored using this proposer, and it allows companies to
• 8:17
  Speaker 5: have loss leader approaches. The price of Flow is so
• 8:20
  Speaker 5: cheap that virtually all of these companies are more than
• 8:23
  Speaker 5: willing to take on the fees themselves to provide seamless
• 8:26
  Speaker 5: user experiences for users that allows for mainstream adoption.
• 8:31
  Speaker 4: When it comes to account abstraction. You know, we Flow
• 8:35
  Speaker 4: launched with what was at the time the best user
• 8:38
  Speaker 4: experience in crypto with NBA top shot is use a
• 8:41
  Speaker 4: credit card or you could come and pay with bitcoin
• 8:44
  Speaker 4: or ethereum. But with one click they can link an
• 8:46
  Speaker 4: external wallet. They can take self custody over their assets
• 8:50
  Speaker 4: that they want and then take that wallet into a
• 8:53
  Speaker 4: universe of other Applicationsvitation count attraction is different on every network,
• 8:57
  Speaker 4: but on Flow because we're layer one, it's built at
• 9:00
  Speaker 4: the protocol layer and has been since since the launch
• 9:04
  Speaker 4: of the network, and so for twenty twenty four, we're
• 9:08
  Speaker 4: excited to basically invite the rest of the crypto community
• 9:11
  Speaker 4: onto Flow with with what will be the biggest network
• 9:14
  Speaker 4: upgrade since we launched the project. This lets us tap
• 9:19
  Speaker 4: into the liquidity that exists to the network effects, and
• 9:22
  Speaker 4: we're also starting to look at new kinds of products
• 9:27
  Speaker 4: that in particular start you know, with unchained logic and
• 9:30
  Speaker 4: then and then you know, ask ourselves a question, what
• 9:33
  Speaker 4: more can we do?
• 9:34
  Speaker 1: You're going to be able to go directly into the
• 9:36
  Speaker 1: exchange or I shouldn't say exchange into the blockchain with
• 9:40
  Speaker 1: a credit card or debit cards, so that will enable
• 9:42
  Speaker 1: a lot of onboarding going forward. If you look at
• 9:45
  Speaker 1: a couple of things here, I want to just show
• 9:48
  Speaker 1: this technology within flow scriptable interactions without smart contracts. This
• 9:52
  Speaker 1: is another scenario, and I want to highlight something that
• 9:55
  Speaker 1: they focus on right here. Pre impost condition based transactions
• 10:00
  Speaker 1: check the network state before executing. So, for example, a
• 10:03
  Speaker 1: grocery app could use preconditions to check inventory for item
• 10:07
  Speaker 1: pairs like salsa chips before a purchase. But this could
• 10:10
  Speaker 1: also flow into all things within a point of sale system,
• 10:17
  Speaker 1: any kind of retail integration that is going to be
• 10:19
  Speaker 1: writing on this that would enable these kinds of transactions
• 10:22
  Speaker 1: to occur. So essentially, what you're talking about is a
• 10:24
  Speaker 1: new almost a new merchant service type layer that's actually
• 10:28
  Speaker 1: tied into what's happening within the ecosystem of each individual brand. So,
• 10:34
  Speaker 1: I know, it sounds a lot more complicated and it
• 10:36
  Speaker 1: you know, typically this is kind of the case with
• 10:39
  Speaker 1: a lot of these early technology If you go back
• 10:41
  Speaker 1: and try to explain e commerce. You know, in nineteen
• 10:44
  Speaker 1: ninety six to two thousand, a lot of same scenarios.
• 10:47
  Speaker 1: But I think that's the phase we're in right now,
• 10:49
  Speaker 1: is we're going to see a big move for a
• 10:52
  Speaker 1: lot of brands going this direction. So here's Starbucks CEO
• 10:56
  Speaker 1: could reignite cryptofora and just remember Brian Nickel did a
• 11:00
  Speaker 1: few things over at Chipotle. He had some crypto promotions
• 11:03
  Speaker 1: over there. Remember bitcoin burials for bitcoin. He also did
• 11:07
  Speaker 1: by the dip game lost in Chipotle that was in
• 11:10
  Speaker 1: July twenty two. This gave away about two hundred thousand
• 11:13
  Speaker 1: and free crypto. So this is not new for major
• 11:18
  Speaker 1: executives that understand the shift in the generation. And that's
• 11:23
  Speaker 1: the thing I'm focusing on here because this is the
• 11:25
  Speaker 1: next generation of retail consumers. This is how they're going
• 11:29
  Speaker 1: to interact with brands. So just an example, here was
• 11:33
  Speaker 1: Chipotle's situation right here over on Reddit, and there was
• 11:36
  Speaker 1: badges and things like that. But a lot of people
• 11:38
  Speaker 1: were kind of giving up on this concept because a
• 11:40
  Speaker 1: lot of these brands have not completely implemented this just yet.
• 11:44
  Speaker 1: Now we're finally getting into some strategies that it might
• 11:47
  Speaker 1: be taking place. For example, this is a program that
• 11:51
  Speaker 1: is integrated into tech and eight, which is a gaming eCos.
• 11:54
  Speaker 1: We've talked about this on the show before. Go back
• 11:56
  Speaker 1: and watch some of our Starbucks and Chipotle's videos because
• 11:59
  Speaker 1: these are real, live, real world use cases and what
• 12:02
  Speaker 1: you'll be able to do with Chipotle, but for instance,
• 12:05
  Speaker 1: you're gonna be able to get merch you'll have the
• 12:07
  Speaker 1: potential for these medallions possibly tokens as long as well
• 12:11
  Speaker 1: as our rewards avatar integration. This is all web three talk,
• 12:16
  Speaker 1: so all Web three speak in the sense of how
• 12:18
  Speaker 1: this is going to integrate. The next layer is transactions
• 12:22
  Speaker 1: and once that is solved, which could be flowed could
• 12:24
  Speaker 1: be Polygon. We could see a few more getting in
• 12:27
  Speaker 1: the mix here along with Solana, depending on what happens
• 12:30
  Speaker 1: at breakpoints. So we are in the genesis of what
• 12:34
  Speaker 1: could be a huge breakout for consumer retail. So those
• 12:38
  Speaker 1: are the tokens you need. You guys need to be
• 12:40
  Speaker 1: watching for. Be on the lookout for, I think maybe
• 12:44
  Speaker 1: a layer to renaissance, so with especially what we're seeing
• 12:46
  Speaker 1: with Polygon, so be on the lookout for that. If
• 12:49
  Speaker 1: you guys are not tuned into our channel, right now
• 12:52
  Speaker 1: in terms of subscribe, make sure and do that also,
• 12:55
  Speaker 1: just like the video because it does help others find
• 12:58
  Speaker 1: their way over into the eco system of what's happening
• 13:01
  Speaker 1: in blockchain. Follow me on x app, Paul Baron, We'll
• 13:03
  Speaker 1: catch you next time right here on Techpath