My fellow retards –
If you’ve donated even a modicum of attention this past week you’ll know that the phonon network is a new primitive. It is a primitive that provides privacy and scalability as a layer 0 across nearly all blockchains. The GridPlus team has already built and shipped thousands of compatible hardware units. They are producing hundreds of thousands of compatible smart cards. They have made a phonon transaction as a layer 0 to bitcoin. They are in the process of doing the same on Ethereum. This is not a theoretical tumble down the rabbit hole, though the implications could be so profound you may start questioning if your name is alice after all.
Some pajeets saw these posts and were asking questions as to what could actually be built on the primitive. Back in the early days of Ethereum, we wondered the same. We already had bitshares and we knew some kind of programmable money would be *better* with more possibilities on Ethereum, but we never imagined it would take the current incarnation of defi as we know it.
I have thoughts. I have meditations on what will exist within the phonon primitive. Some will be easier to construct than others. The DAO is endowed with ~15% of the PHONON token supply to support these initiatives. There will be some enterprising individuals who will pitch creating some of these platforms and will get funded. I want to paint a picture for something incredibly grand that can, and I believe will, exist on Phonon.
If the following is implemented, I believe PHONON becomes a top 10 coin, pretty instantly. Nearly everyone in crypto, save those cnbc bitch pajeet boomers who just want to get rich, understand that there are powers within these systems. Powers that provide individuals with resources that governments probably don’t want them to possess. One of those powers is transacting between two parties in a private way. That’s fine, and important. Another power that we’ve seen help spur REVOLUTION in the middle east is encrypted messaging. Allowing those like-minded individuals to hop on a simple phone app and communicate with each other is paramount for coordinating an uprising against a totalitarian regime. Governments HATE things like Signal, they don’t want you to have that power.
What if we take this further? You say transacting and communicating is fine but we have (or sort of) have those capabilities. What about tracking all of your browsing? You still use gmail right? You know they read all of your emails and what’s going on in your browser, right? You know your ISP snoops on all of your internet traffic, right? Oh, you’re a badass who uses a VPN. I forget, you’re fighting the power with your yearly subscription to ExpressVPN. Oh wait, the Israeli government bought ExpressVPN. There are few remaining bastions of tools that support freedom.
I had to digress momentarily to show the desire to stay private is getting more and more challenging to accomplish. We need a robust tool to fight back. TOR was a great example, even if was developed by the US Navy and is funded by the US government. The problem is that we don’t have data on the exit nodes, and if the wrong people (or right, based on your perspective) are listening, then you have no privacy.
Okay, so what’s this killer app for the phonon network that gives us top 10 marketcap? Incentivized TOR.
We have thousands of lattices in the world. Each one can have their user opt in to run a node app on it. We can build a system whereby you pipe your browser traffic through the lattice, and have it routed across randomly selected nodes. These nodes can get paid microtransactions via the phonon network in a completely decentralized and privacy preserving way.
There are challenging implementation details – we will explore these in the future.
Lucky for us, Dr. Karl Kreder is at the head of the lattice and Phonon development. Good thing PHONON DAO has significant funds to support this type of development. Be happy phonongod.eth has your back.
My targets for the marketcap of PHONON DAO remain unchanged - $1b in six months and $12b in 18 months. This is equal to $26 and $320 per GRID. If an incentivized TOR system is built for the phonon dao, my price target becomes $300b marketcap, or $8000/GRID.
[Not financial advice – for entertainment purposes only]
phon/ongod out.