Crypto Society AMA Recap with UX Network

24 min readOct 17, 2020

With Guillaume Babin-Tremblay, From 0rigin.one and EOS Titan

The AMA

On Thursday, October 15th, we were honored to host an AMA with Guillaume Babin-Tremblay who is one of the launch members of UX Network and a Co-Founder of 0rigin.one and EOS Titan.

The following conversation resulted and it was fascinating to see what this team is bringing to the blockchain space.

Product Architects

UX Network was designed and built by 0rigin Ventures — a next-generation venture capital business built for the Digital Asset Class.

The team has a deep and broad knowledge of system architecture, software development, and Distributed Ledger Technologies as well as a strong background in financial and capital markets.

About UX Network

UX Network (https://uxnetwork.io/) is a public blockchain offering substantial enhancements to the EOSIO operating system and codebase. These enhancements bring a native compliance architecture, a stable resource model, and a suite of features that are essential for a thriving economic ecosystem.

The bifurcation of on-chain resources from token ownership allows true price discovery of utility, rational network resource allocation, and a low friction experience for dApps to operate on the UX Network — especially those that have no desire to hold crypto-assets.

A series of compliance tools and protocols are being built on the UX Network that are designed to support Fintech enterprise and Financial Institutions. The creation of a digital portable identity for users brings a cost-effective and flexible solution to meet the regulatory requirements of Virtual Asset Service Providers today.

The goal of the UX Network is to provide a stable foundation for Fintech platforms looking to extract the benefits of blockchain into their revenue model. As a result of rational pricing and scaling synergies, the true dollar value is delivered to the user base which in turn creates a self-sustaining economy

Matt CS — Hello, and welcome to our AMA with UXnetwork.io

The event will feature Guillaume Babin-Tremblay, Co-Founder of EOS Titan and 0rigin Ventures. Guillaume is a serial entrepreneur and software developer with over 20 years of experience in quantitative finance, algorithmic trading, machine learning, and engineering software.

You can join UX Network on telegram here https://t.me/UX_Network and find out more about UX Network in the following links.

Website https://uxnetwork.io/

Twitter https://twitter.com/Network_UX

Warm welcome Guillaume and thank you for joining us. At the end of this AMA, two people in attendance will win 2000 UTX tokens just for staying until the end. Let's get started with our first question.

Introductory questions

Matt CS — Guillaume, a pleasure to have you with us today. Could we begin with a brief history of yourself — who you are, where you are from etc?

Guillaume Babin-Tremblay — Hi everyone, good to be here!, I’m a software developer based in Montreal, Canada, and I am responsible for the architecture of UX Network. As mentioned, my background is in algorithmic trading and quantitative finance.
For the first part of my career, I was designing and building automated trading systems for banks, hedge funds and trading desks. I discovered Bitcoin in 2011, and have been working full time in the crypto industry since 2012.

Matt CS — I think a lot of us wish we had discovered Bitcoin in 2011…

What were you doing before discovering bitcoin?

Guillaume Babin-Tremblay — right before I discovered Bitcoin, I was CTO of a proprietary trading group. We were essentially building algorithmic trading strategies for financial markets using artificial intelligence and statistical analysis, trading our own funds.

Matt CS — It sort of feels like destiny then in a lot of regards. How did you first encounter bitcoin? What was your first interaction or awareness moment like?

Guillaume Babin-Tremblay — So I was browsing Reddit one night, and stumbled upon a picture of a GPU mining rig. The top comment on the picture was “This guy is mining Bitcoin”. I thought, “What the hell is Bitcoin? What the hell is mining??”

Matt CS — I personally remember it at a dollar and thinking people were crazy for saying it would hit 1000. Far cry from where we are today I think.

Guillaume Babin-Tremblay — as I started researching it (and bear in mind, there was not all that much info at the time), I became so excited I couldn’t sleep for 3 days. I devoured everything I could find on the topic

Matt CS — Was there a notable inflection point for you when you realized that you were going to dedicate the majority of your time to the development of DLT and adjacent technologies?

Guillaume Babin-Tremblay — As I started engaging on the Bitcointalk forums, I realized how many ridiculously smart people were quitting high paying, high profile jobs at Goldman Sachs, Google, etc… To focus on crypto startups and thought “This is an unstoppable idea, and I want to be a part of it”
And in 2012, I decided traditional financial markets were very boring compared to this new field that was emerging, to I took the leap, quit my job, and haven’t looked back ever since

Matt CS — that’s an incredibly rich history and a very early one. Congratulations for having the insight to see it first.

Before we start on UX Network, could you give us a little more on who is behind this project, and where they may be based?

Guillaume Babin-Tremblay — I am fortunate enough to be part of a top class team of investment banking professionals, software developers, data scientists and engineers, from all around the world. Most of our team is spread between Canada and the UK, but we have people in Europe and the United States as well

Questions about UX Network

Matt CS — I am pretty familiar with the team and quite impressed with the players onboard. Yourself included of course.

So in three sentences, what is UX Network?

Guillaume Babin-Tremblay — UX Network is a permissionless blockchain leveraging the EOSIO codebase, with a number of new features and optimizations. We see it as the most solid platform on which to build the decentralized applications, which we see as the next evolution in financial services. Core tenets of our design philosophy are openness, flexibility, scalability and censorship resistance.

Matt CS — Why did you decide to build the network with your partners? What was the driving motivation?

Guillaume Babin-Tremblay — Over the last decade, as I began formulating my thoughts on what a decentralized financial system leveraging cryptography would look like, I realized that there was quite a bit of infrastructure that had to be built before I could implement my ideas in a way that would be technically sound and scalable.
I followed with great interest in the launch of Ethereum and of other smart contracts platforms, but I didn’t really get excited until I heard about EOS (and EOSIO), as it was the first platform that ticked all the boxes for what I wanted to build. However, as good as EOSIO is, it is not perfect, and we felt some of the features we required were missing. However, being the great foundation it is, it was actually not difficult to modify to suit our needs. Speaking as a software architect, Block.one really did a fantastic job. Standing on the shoulders of giants.

Matt CS — Definitely and well stated. I’ve been a fan of EOSIO tech for a long time but never tribalist.

How does it differentiate itself from other “capable” blockchains out there, and what core features make it “sustainable”?

Guillaume Babin-Tremblay — Likewise. These are early days

Matt CS — 100 percent.

Guillaume Babin-Tremblay —There are a lot of very smart people working on various blockchain projects out there. Many of them have very interesting features, but as far as I know, none of them managed to balance tradeoffs in a way, which aligns with our principles.
Our objective with UX Network is to actually strike an excellent balance between all of the tradeoffs to get the best of all possible worlds. Amongst key features, UX Network has self-staking requirements for block producers (like Tezos), as well as opt-in support for KYC / AML monitoring, which we regard as a must for onboarding serious players. But the most important issue we solved with UX Network is the resource model. There is no way any blockchain platform will be adopted for mainstream usage if the resource model is irrational and unpredictable.
This is what we see on Ethereum for example, where transaction costs are out of control. This is fine if you want to test ideas and concepts, but for real-world applications, resource costs must be reasonable and predictable. Most people in the space don’t even realize they have this problem yet. But we see ourselves as dapp developers, and we regard this problem, as one of the most critical issues people will have to face as these dapps attempt to reach mass adoption.
Most chains are not even aware they will have this problem, so I feel we are light years ahead of them, having already solved it. There is no other chain out there where you can acquire exactly the amount of resources you need for the next 5 years without having to worry about chain congestion, gas price, token price or other unpredictable factors.

Matt CS — Definitely. For enterprise applications, I think it’s fair to say people require a more stable resource cost than most current blockchains are looking to give them. The compliance efforts make sense based on some of the recent guidance from the FATF and Fincen. I did also notice you guys recently posted a nice high TPS during testing so I was excited to see that as well.

Moving forward

How long has UX Network been in the making, and could you walk us through the evolutionary process that took it from an idea to a reality?

Guillaume Babin-Tremblay — I’ve been thinking about these questions for the better part of the last 10 years, so as my thought process gradually matured, I had a very good idea of what was needed to build what I had in mind. EOS definitely got me excited, and the community achieved wonderful things.
I also liked the vision that drove Worbli, which was the first sister chain built on EOSIO. However, in both cases, there were some shortcomings that needed to be addressed. We spent quite a bit of time figuring out how we would address these and eventually decided the best route forward was to build a new chain from scratch. But since we had a pretty well-defined game plan, it didn’t take too long to implement.
We decided we were going to launch a new chain around mid-June of this year, and by the end of July, the chain was launched. It was fully activated on September 1st

Matt CS — Knowing your rich history in EOSIO and also your time spent with EOS Titan as a community leader it feels like a natural fit.

I guess the question is this ultimately begs is why now? Why did you feel like the time to build this had come? What were the primary driving indicators that blockchain was ready for the deployment of this technology?

Guillaume Babin-Tremblay —I think we are getting to this tipping point really fast. One of the most bullish indicators recently was the decision by MicroStrategy, a publicly listed company, to convert their entire treasury to Bitcoin. This is a great signal that cryptocurrencies are now entering the mainstream.
For the last ten years, I’ve seen “serious finance professionals” laugh at the idea. But I don’t think they are laughing anymore hehe. What people are starting to realize now is that there are far better ways to handle financial transactions than to trust a small group of all-powerful central bankers and exclusive elite to take decisions that ultimately, affect all of us.

Matt CS — We’re definitely seeing a nice change of the winds in FI’s and institutions entering Bitcoin with JP and many major banks opening trading desks. A far cry from the narrative even last year.

Guillaume Babin-Tremblay — Indeed. What a time to be alive

Technical Questions

Matt CS — In your opinion, what are the core features in a smart contract platform that encourage the creation of a sustainable and scalable network?

It is. Quite exciting. The future of money.

Financial history as well.

Guillaume Babin-Tremblay — Amongst the most important things that I see are strong primitives, for example, the ability to write contracts in a very mature Turing-complete language, such as C++. I’ve never been a fan of Solidity (Ethereum’s main programming language) for example, and I feel like it is much easier to shoot yourself in the foot with such a new language, full of moving parts that have not been battle-hardened.
In addition, one of the most important things for a smart contract platform is a rational resource model, as I was mentioning above. Without this, a platform simply doesn’t meet the standards we are looking for to build the applications we believe will be real game-changers.

Matt CS — feels rational to me. I agree that being able to code in C++ is a nice benefit to EOSIO.

So with this known, could you now walk us through the technical architecture of the UX Network, explaining in detail what the essential features are, and why they are integral to the commercial success of the protocol?

Guillaume Babin-Tremblay — Amongst the most important features, we have of course the resource model I keep referring to, which is using a very explicit staking mechanism for resources. If you own 1% of the tokens, you can access 1% of the resources of the network. We took great care in removing any ambiguity about property rights, which introduces variance in the cost of resources. If you compare with Ethereum for instance, when the chain is under heavy load, resource costs increase significantly.
On UX Network, you can reserve resources ahead of time and retain constant access to these resources even if the load increases. Another key feature, which addresses issues, we’ve seen on EOS Mainnet with vote trading and vote-buying is the self-staking requirement of block producers. They have to stake a significant amount of UTX tokens (which exceeds the amount of inflation rewards they can hope to get). This ensures block producer’s interests are aligned with those of token holders.
We also added eosio.freeze, which is a feature that gives users and smart contracts operators the ability to make their accounts and contracts truly immutable. By running the modified nodeos version we built, all full nodes will consider a modification to the code or keys of an account as invalid. This prevents the kind of scenario we have seen with EOS Mainnet, where keys to an account were changed by block producers. Other distinctive features include a separate token for RAM, which is not governed by the Bancor maths.
This was a big issue in the early days of EOS Mainnet, as speculation on RAM increased the costs of creating accounts to ridiculous levels. The subsequent fix was to basically flood the chain with cheap RAM, which is not great either, as it increases dramatically the costs of running nodes. We learned from these mistakes and built UX Network to ensure these issues would not happen here

Matt CS — Yes, I remember the early ram speculation on EOS didn’t do anyone any favors. I also agree with the BP’s requiring some skin in the game to produce blocks. It looks like you’ve put some deep thought into the mechanics and had time to do so which is fantastic.

My next question is one I’m very excited to hear your response on, as it’s something I’ve thought about for a while and know you’ve likely been thinking about for a lot longer.

The website mentions the Bifurcation of on-chain resources and crypto-assets; could you explain what you mean exactly, and how it benefits the system as a whole?

Guillaume Babin-Tremblay — One of our core focus is on rational price discovery of resources and assets. Having a spot market to exchange token X for token Y is the first step, but it is not enough to get the full picture. There is a need to also discount future expectations and risk to get to full price discovery, which is why you have derivative markets in traditional financial markets.
What we did with UX Network, and more specifically with our upcoming resource leasing platform (Utility X) is to provide the ability for users to create resource-leasing contracts with variable maturities for assets operating with staking mechanisms.
This is what we refer to when we talk about the bifurcation of on-chain resources and crypto-assets. This is quite important to figure out how much of a token’s price is derived from long-term holders' expectations, and short-term utility.

Matt CS — There is surely a lot of irrationality pricing in current markets and I’m confident UtilityX can help.

Mutable/Immutable optionality is a feature of UX Network, but how does it truly work, and what will dominate in your opinion?

Guillaume Babin-Tremblay — On EOS Mainnet, a supermajority of block producers (2/3+1) can essentially deploy new code to a system smart contract or change the keys to an account. This is great in many cases since it allows error handling far better than the pure “code is law” paradigm other chains such as Ethereum implement. However, there are some cases where “code is law” is what you want.
Thinking for example about token contracts, which are holding user balances. The eosio.freeze contract on UX Network is essentially a list of contacts that are marked as immutable. Any account or contract owner can add their account or contract to the list. Whenever a full node receives a transaction that attempts to change the keys to an account or to set new code to a smart contract, it will first verify if the account is on the eosio.freeze list. If it is, it will reject the transaction as invalid.
Same if a block producer produces a block with such a transaction inside. This provides a similar level of protection full nodes on the Bitcoin network provide. Essentially, if block producers attempt to violate this covenant, the network breaks down, just as if they were attempting to push a transaction without a valid signature for instance. We saw how important this is when Bitcoin miners and exchanges attempted to force Segwit 2x, which resulted in the UASF movement a few years ago.

Matt CS — Definitely. All great points.

I think we talked about why EOSIO above, but feel free to add in anything we may have missed. Essentially, what remains of the original operating system, is it even recognizable in terms of where it started from?

Guillaume Babin-Tremblay — It is definitely very recognizable. As I mentioned above, EOSIO is a great platform. We made some tweaks here and there to improve on something that was already great in our opinion, and to address the main shortcomings we’ve seen over the last 2 years and a half since EOS Mainnet went live. These changes are subtle in substance but very important in what they mean and what they allow

Matt CS — Makes sense. Thank you for that clarification.

We did touch on this question above, if you have anything to add, feel free, otherwise we can move into the next question.

Has watching the development of the EOS main network taught you any lessons, and how did you incorporate that knowledge into UX Network?

Guillaume Babin-Tremblay —Definitely learned a lot from the experience. The launch of EOS Mainnet was absolutely fascinating, as it was the first blockchain to be launched by the community, instead of being launched by the developers of the software.
We had quite a bit of time to ponder and to meditate on the issues faced by the EOS community, to analyze decisions that were taken by block.one and block producers, and to get an idea of what they got right, and what they got wrong. UX Network is the culmination and the synthesis of all these experiences and of the knowledge we accumulated since the launch of EOS Mainnet. We’re very happy with it

Matt CS — I remember that event very fondly. I was in a lot of the launch meetings just sitting in.

The resource model for UX Network is very interesting. What are the key points that should be understood in order to grasp the greater picture, and what is the fundamental basis for their inclusion?

Guillaume Babin-Tremblay — So our focus with regards to the resource model has been to remove all ambiguity from the equation. On EOS Mainnet for instance, there is a feature most people refer to as “Elastic Leeway”. In essence, the quota of resources you get by staking tokens varies in function of the recent load of the chain. If the load is heavy, the resource costs increase, if the load is light, the resource costs decrease.
We see this as a forced subsidy from token holders to dapps, and we believe this is better handled by a free market instead of an algorithm. We also decided to remove the on-chain system resource exchange (REX), which stifles innovation due to some built-in advantages REX has over other, 2nd layer leasing platforms. By leveling the playing field, leasing markets can actually compete against each other, and not against a centrally-planned, almost monopolistic system of resource exchange.
We don’t like privileged system contracts attempting to provide services that should be provided by dapps. Similarly to what most people in the crypto space probably believe, we are not big fans of state-owned monopolies, and we prefer free markets and competitions on a level playing field

Matt CS — Sounds like a much more rational and incentivized system which really is the essence of blockchain. All great things.

On the token itself; what is the underlying utility of the UX token in simple terms, and how does this differ from other token models?

Guillaume Babin-Tremblay — so the first distinction we have here is that we have two tokens. One is UTX, which can be staked for CPU (computing) and NET (bandwidth/block storage), and UTXRAM (on-chain state storage). By staking these tokens, the user essentially reserves the equivalent quota of resources for their usage.
CPU and NET are transient resources that replenish over a 24h period. RAM is consumed when information is written to the chain’s state database and released when the information is deleted. If a user has 1% of the tokens staked to CPU, it means they can use 1% of the chain’s computing power daily. Similarly, if a user has 1% of the UTXRAM tokens, they have access to 1% of the RAM of the network. Many chains actually use a transaction fee model, where the transaction fee is paid to miners. This makes it much more difficult to accurately predict transaction costs, as the fees will fluctuate quite a lot under different scenarios.
We think the staking model makes much more sense. However, the way it was implemented in EOSIO by default is still not exactly solving the problem, due to the elastic leeway I was referring to above. We believe we reached a much better price equilibrium with how we implemented it on UX Network, that will make it much easier for users to get exactly what they pay for

Matt CS -So an access token to the system resources essentially with some modifications for stable pricing. Makes sense.

Guillaume Babin-Tremblay — exactly

Fundamentals, the vision, and the future

Matt CS -Where does the current state of DeFi fit in with UX Network’s notion of sustainability and resource optimization?

Obviously, some of the current models are not sustainable in Defi.

Guillaume Babin-Tremblay — Agreed. DeFi is beginning to be a bit of a senseless buzzword in my opinion. What we have seen so far, in terms of yield farming on Ethereum for example, looks much more like a Ponzi scheme than what I have in mind when I’m thinking of DeFi, and as you said, is not really something we see as sustainable in the long run.
But the idea of decentralized finance is very appealing to us. I think however it means something quite radically different to us than the implementations we have seen so far. I prefer to look at it as a set of inclusive tools to bring financial services such as payment processing, banking, lending, insurance, etc… to the masses, but in a permissionless, censorship-resistant, and immutable manner.
This is the vision we have for DeFi on UX Network. Real-world applications of these blockchain protocols is what we are aiming to attract and to build here.

Matt CS — I’ve heard your team say before that there is nothing wrong with hundreds of year-old economic theory. It’s just creating a better incentivization model so this is something I am personally looking forward to you guys accomplishing.

Now a question I’m sure people have on their minds

Can we expect a suite of products surrounding UX Network over the coming months?

Guillaume Babin-Tremblay —Indeed. We have already deployed a number of very interesting smart contracts on the network, including atomic swaps with other EOSIO-based chains, a price-feed oracle, and confidential transactions. More tooling, UIs, and various helper utilities for these are gonna be coming online imminently.
We have much more in the pipeline as well, all of which are in a quite advanced stage. We don’t like hype, so we don’t advertise these things much, but people who look carefully are already seeing some interesting things happening

Matt CS — I love that about your MO. Just ship and let the technology do the talking. It’s a nice change in the hype factory that is traditional blockchain startups.

In an ideal world, with UX Network being a resounding success, what does the platform look like in a year’s time, and 5 years' time?

Guillaume Babin-Tremblay — We put the focus on dapps first. Dapps will bring the users and create a real, sustainable network effect. We don’t buy into the prevalent hype and marketing in the space, and we don’t aim to please the “wen moon and Lambos” types. We are aiming for legitimate usage and game-changing real-world applications, and we see financial rewards and success as a consequence of doing things right.
We see the token value as derived from real demand and substance, and not from hype and marketing. So in 5 years from now, what we hope to see is a strong community of developers and builders making things happen, and leveraging the unique features of UX Network to create this next generation of decentralized financial products the world needs, today more than ever.

Matt CS — Well stated and I couldn’t agree more. Utility derives value in the long game.

Guillaume Babin-Tremblay — Agreed. The long game is the only game worth playing.

Matt CS — What are your thoughts on the tokenization of securities? I think many investors have been underwhelmed by the contrast to current movements given the initial hype cycle. Is UX Network a place where we may begin to see more securitized tokenization?

Guillaume Babin-Tremblay —We have very ambitious and radical goals with regards to this. We believe the traditional financial system largely failed investors in providing “security” in their offerings. As a Canadian for example, I cannot express how much disdain I have for the TSX. So many companies, in the mining sector specifically, are scams just as bad as some of the worst ICOs we have seen in the crypto world in 2017. There is a track record of absolutely disgusting failure by the incumbents.
Just have to think about famous cases like Enron, Bernie Madoff, not even talking of all of this absolutely insane wave of bailouts we saw in the covid-19 aftermath. We believe that this is an industry extremely ripe for disruption. Rather than aiming to embrace obsolete securities regulations, we are actually looking forward to providing a much better securitization framework that goes well above and beyond what is available in current financial markets.
By using a multi-faceted price discovery mechanism for these tokens, objective metrics, radical transparency, and separation between custody and fiduciary duties, we believe we can achieve a much better framework for the securitization of assets than what exists.
Call me crazy if you like, but our long term goal is nothing less than to put the traditional stock markets and the regulators out of business in one fell swoop. They had their chance, and they blew it, now it’s time to step aside and let the new generations build new, better systems.

Matt CS — I love the ambition and I know if anyone can pull this off it’ll be you and the team. I also share the angst of the way traditional markets, and FI’s work.

Now understanding you likely have NDA’s in place that prevent you from discussing this in-depth, this was a question that was asked.

Can we expect some exciting partnerships soon? Who are you talking to and who would you like to get in touch with?

feel free to be as vague or transparent as allowable.

Guillaume Babin-Tremblay —I can’t name specific companies, but one of the key industries we are also quite involved in is the mining and minerals sector. We see crypto financial markets as a means to an end, and we should always remember that they exist to facilitate financial transactions between real-world entities, businesses, and individuals, that provide and consume real-world products & services.
While the virtual aspects of these assets are extremely interesting, they exist to serve a greater purpose. Further down the road, once we’re satisfied with the level of maturity in the ecosystem, we definitely are going to aim to bring some of the larger players to the table

Matt CS -Sounds fantastic. Looking forward to seeing that come to fruition.

I’ve heard your team mention that roadmaps aren’t always logical due to competitive intelligence, what are you working on right now that you might be able to share?

Guillaume Babin-Tremblay —This is a very fast-moving space, and trying to plan too far ahead doesn’t work very well. We keep our eyes open for what we call “targets of opportunity”.
We are focusing mostly on the building blocks we see as common to most dapps that can be assembled together into functional products rather easily. This approach may seem slow at first, but the pace picks up exponentially as more and more of these building blocks become available. As I mentioned earlier, key smart contracts we already deployed on UX Network include hash lock / atomic swaps, a price feed oracle (DelphiOracle, which is also available on EOS and WAX), confidential transactions using ring signatures as well as the EOS Mechanics block producer benchmarking tool. Speaking of which, I’m happy to say we have achieved approximately 2.5x the performance of EOS Mainnet on this benchmark.
Quite interestingly, early testing of ring signature verifications shows an 8x improvement over EOS Mainnet in terms of the rapidity of execution. Without going much into details, we got quite a bit more in the pipeline, including a novel assets issuance platform, a lending framework, an autonomous agent wallet, and more. These next few months are going to be quite interesting.

Matt CS — I don’t doubt it for a second having some insights into how your team operates.

What is your opinion on the recent change to allow banks to provide custody services for digital assets in the US? Will we see FI’s on UX Network?

Guillaume Babin-Tremblay —When I first got interested in the crypto space, I thought we would see a much more confrontational dialogue between the incumbents and the new crypto players. But I realized that the regulators, at least here in Canada, were quite receptive, if someone only took the time to explain these concepts to them.
In 2014, I was invited to present in front of the Canadian Senate committee on banking and commerce, and to my great surprise, they actually implemented all the recommendations we brought forward, helping make Canada one of the most crypto-friendly jurisdictions in the world. So I encourage regulators to learn about crypto and blockchain, and to realize that they are should reduce the regulatory burden in order to let companies innovate.
I don’t know if existing incumbents in the financial system will be nimble enough to reinvent themselves and take advantage of what crypto has to offer, but there is definitely room for the most forward-looking ones to join if they can seize the opportunity.
At the end of the day, however, it’s their ball to drop. News like Kraken obtaining a US Banking license, for example, should put pressure on them. If they don’t embrace it, newcomers will put them out of business.

Matt CS — Well said. I second that. I think we’re likely to see people get on board or become irrelevant very quickly. I also think regulatory authorities are realizing the technology is not going to go away.

How has your vision changed over the past decade and are there any other technologies that really interest you?

Guillaume Babin-Tremblay — My core motivations are definitely intact, and have even been reinforced as I have been learning, observing and building in the space. I am absolutely thrilled to see how much forward momentum the space has been gaining, and at this point, it doesn’t feel like anything can stop the crypto tsunami.
Like you said, these new technologies are here to stay, there is no turning back. The future is crypto. There’s a lot more to do, these are still very early days. But when I’m looking at some of the most cutting edge stuff, like the MimbleWimble protocol, or all of these scaling and blockchain interoperability solutions, I see a very bright future ahead

Matt CS -Guillaume I can’t thank you enough for all of your insights today. To conclude, in simple terms, what is the core problem that UX Network aims to solve, and how will it?

Guillaume Babin-Tremblay —For these technologies to become usable by everyone and to eventually become standard, the user experience has to be dramatically improved over what exists right now. The name UX Network should be a constant reminder of that.
User experience is paramount, and every single step we take is with this goal in mind. Having over 20 years of software architecture under my belt, I have experienced first hand how important a solid foundation is, when you are attempting to build something that scales and that is easy to use. Building block by building block, this is what we are building. Starting with rational resource models, then adding layers of interconnected dapps and mechanisms for users and developers to integrate with and interoperate between each others. Our goal is to become the Apple of blockchain technologies, and to provide an integrated user experience that is unrivaled.
Many thanks to you Matt, and to the Crypto Society for organizing this AMA, we’re very grateful for the opportunity to share our vision …

Matt CS — I love it. I have no doubt you guys will accomplish this and am looking forward to seeing it all unfold.

Thank you so much for joining us today Guillaume and for taking the time to speak and answer some questions. Anyone who wants to find out more can join them on telegram here https://t.me/UX_Network

Or visit the following links

Website https://uxnetwork.io/

Twitter https://twitter.com/Network_UX

Thank you to everyone who attended today.

Thank you so much, Guillaume.