Latest / Macroaggressions / #667: Control the Digital Battlefield | Chris Horlacher (Clip)

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#667: Control the Digital Battlefield | Chris Horlacher (Clip) · Macroaggressions

• 0:04
  And so immediately like he is suspect number one as as this the you know the Ontario securities
• 0:12
  commission tries to take us down for securities act violation they fail so then the developer
• 0:19
  strikes with phase two of the strategy to just destroy this company and scuttle the
• 0:27
  whole thing make sure he makes sure Chris does not launch this product because
• 0:30
  once he lets it out of the bag the genie's gone and we can't shut it down and
• 0:35
  it's just going to build a value and you know and Chris but like and we're all
• 0:41
  going to get super rich so why would you why would you try to shut that down
• 0:46
  like you were literally months away from making more money then you could
• 0:52
  ever imagine and and but and then you just kibosh the whole thing so yeah I you
• 0:59
  know you're working for a higher power people don't just do this out of spite
• 1:03
  or something and so yeah so the the we send the Ontario securities commission
• 1:12
  packing but then then the we get hit with code thefts and and then the whole the
• 1:23
  whole thing kind of blows up in our face because we had just demoed that our
• 1:27
  system we proved it with with a Bitcoin test net transaction but we did what's
• 1:32
  called a cross-chain atomic swap swap one wallet with equa bit another
• 1:37
  wallet with Bitcoin and it was a it was an atomic swap and the wallets found
• 1:43
  each other opened up a secure communications channel exchange the
• 1:48
  keys exchange the assets and then part ways and it's done and we were the
• 1:53
  only team in the world that has to this day that has ever demonstrated that
• 2:00
  that technology could be built can be built it exists in here but that's
• 2:09
  where it's going to stay now because I am not I am not going to try and
• 2:13
  develop this anymore not without some sort of guarantee and so yeah shortly
• 2:20
  after we demonstrated that our technology advanced to the point where
• 2:24
  we we had hit this massive technological breakthrough because this is like the
• 2:29
  holy grail of crypto that people had been working on for years and we
• 2:32
  cracked the code and then a couple of months after that the code was gone
• 2:38
  the developer who was working on the core protocol we found out later was
• 2:43
  not committing real code he was giving us fake code and because as soon as we
• 2:50
  hired our QA team and they started going through the commits and trying to
• 2:53
  compile the application ourselves in house he was giving us a
• 2:58
  pre-compiled application they didn't they didn't line up we said okay you know
• 3:05
  Sergei his name was Sergei your your compiled binaries don't match your the
• 3:10
  code that you're committing what gives and then he quits because we had caught
• 3:17
  him we caught him but unfortunately we never recovered the real code and so
• 3:23
  we had to start we threw everything he did out at this point because now
• 3:27
  this guy is compromised and we had to start over again rebuilding the core
• 3:32
  code with the new core developer who himself was definitely not not like
• 3:38
  Sergei who who joined as you know like a real developer who wanted to work on
• 3:43
  a cool project this other guy was an asset who sabotaged us yet again when
• 3:53
  we later we were frantically trying to rebuild the core protocol we ultimately
• 3:58
  we made it to a basic coin only functionality release in February but
• 4:04
  he rigged the code so that the network would only survive so long as his own
• 4:08
  node was turned on and then in April he turns his node off the network
• 4:14
  completely collapses everybody's node is like it can't connect to anybody it can't
• 4:18
  find anybody and so the whole equibit network had collapsed after that April
• 4:24
  2019 RIP equibit hey thanks for watching that clip if you want to watch the
• 4:29
  entire video it is available as well or you can check it out as an audio
• 4:33
  podcast wherever podcasters serve thanks a lot