Slock.it became very popular last year. We have won some prizes, for example we received an award from the BDVI for the project Share & Charge.
These awards aren’t just exciting, we think that we will shape the blockchain scene in the long run: if you ignore financial applications, many other use cases are still in the proof of concept area.
We are a long way from that: We plan to go live with Bitcoin secret this year
As you said before, the vision of Slock.it goes even further than an intelligent Bitcoin secret. The goal is a universal sharing network. In order for this to work, a link between the individual device – for example the lock – and the Ethereum blockchain is necessary. This is to be realized via Bitcoin secret. If I understand the concept correctly, this computer reminds me a little of the 21Bitcoin computer. Am I right and can you tell me something about the plans for this computer?
There are similarities in any case, even if there is a lot more directly realized in the Ethereum ecosystem – which is simply due to the possibilities regarding Smart Contracts etc..
With the big launch this year there will of course also be the Ethereum Computer. However, we don’t plan to sell it individually. The reason is that the tech-savvy user now has enough devices standing around with him; should really come to the receiver, the router, Amazon Echo, the various computers, the repeater… another device? We are therefore planning to cooperate with various companies so that, for example, routers with integrated Ethereum computers will be available. At the same time we will offer a version of the Ethereum computer as an open source variant of the community, which will probably run on the Raspberry Pi.
To finance this and other projects the DAO was created last year. Many things have already been said about it, I’d like to look into the future and ask you what you’ve taken out of it and if there’s anything like the DAO from your side again.
In any case, I learned a lot. Even if you as someone in public are a rather small cog in a huge venture fund like the DAO, people will associate you with the project. That might be nice in positive times, even if it got over your head to the extent that after the exploit you were held personally responsible. And not just until a solution was found, but beyond that.
With the DAO-Exploit we lost a lot of time, reputation and money – while the Hard Fork with its split in Ethereum and Ethereum Classic made quite a few investors even richer.
I still believe in the concept and follow projects like Charity DAOs very closely. I don’t think I will participate in such a project again, but maybe we at slock.it will sell shares in the company based on such a concept at some point.
Something matching the previous question is a technical question: what do you think are the biggest challenges you currently have to face regarding Ethereum or exactly the implementation of Smart Contracts in Ethereum?
I think there are two points to mention about cryptosoft:
The implementation of Smart Contracts must become even easier than implementing scam. You can use the HTML framework here, which allows people without much previous knowledge to create small websites. If you continue to think of all the toolkits and cryptosoft packages that make website creation easier, you’ll see that Ethereum still has a lot of potential for further development.
Another problem is the perception of Ethereum: many people see behind ETH primarily a monetary value. People rejoice at how Ethereum behaves in bullish times – but when the price falls, “Ethereum has failed”. This is even more incorrect in the case of Ethereum than at Bitcoin! Ethereum is about something completely different, which is why questions such as immutability ultimately arise quite differently. I mention this problem of purely monetary perception, as this can really cause Ethereum difficulties: there are now many projects within the ecosystem that raise an ICO without due diligence or the like and raise a lot of money. If this fails, Ethereum itself may be subject to regulation.
Slock.it has addressed many people with its project, so that it came to some further cooperations. Can you tell us something about this?
With Innogy, we are continuing to pursue the concept we developed with the RWE Innovation Hub: the aim here is to develop a charging device at traffic lights where cars can charge themselves via induction and charge themselves via Smart Co.