https://preview.redd.it/iwewapkg8mz11.png?width=1024&format=png&auto=webp&s=9b52f51960172844af71917aec191dcfd6031bf9submitted by Level01Exchange to u/Level01Exchange [link] [comments]
CAN BLOCKCHAIN ENABLE A QUADRILLION-DOLLAR DERIVATIVES MARKET? IT’S A REAL POSSIBILITY. By 2028, the world economy has exploded with exponential economic growth. BlockChain is now the heart of commerce and trade. Investopedia’s valuation on the Derivatives Market now stands true at $1.2 quadrillion. And you are now very rich with your array of futures, derivatives and cryptocurrencies on hand. Isn’t this a nice possibility?
Now, imagine travelling back to 2018.
You are scrolling your news feed. The headlines show in 2017 alone, BlockChain startups have raised $1.2 billion worth initial coin offering (ICOs). ICOs enable startups, to raise money from the general public by allowing them to buy a stake in their business; which comes in a form of a token or digital currency. It looks like the public are beginning to understand the potential of cryptocurrencies and blockchain technology.
A Facebook notification pops up on your mobile phone. Your friend has posted an article on your Facebook wall. The article is about Ethereum, the hot new BlockChain technology that is creating even bigger ripples in the finance world than its predecessor BitCoin. It seems that Ethereum is now the birthplace of many decentralized platforms, which raise funds via ICOs. As more funds are raised, these platforms get better and this drives up the value of Ethereum. The top platforms are Golem, Augur, Basic Attention Tokens and Gnosis, which collectively ring in $1.27 billion in market value. The amount of money that has been invested into Ethereum based BlockChain technology shows that people see Blockchain as the future of commerce and finance.
This all sounds good and you’re ready to participate in a hot ICO. But as a possible new investor in an ICO based on the Ethereum blockchain, how do you get started? Which platform and ICO should you consider investing in?
First of all, you would need to study its platform concept, market potential and sustainability for long-term growth.
Is it easy for users to adopt and understand?
Do the Founders and Developers of the platform have sound knowledge of economics, inflation, block size, fees, administration, security and human behavior?
Does the crypto-economic system have what it takes to be sustainable?
Who is the team behind the platform? Are they knowledgeable and experienced?
Is this a revolutionary or game-changing product that has massive market potential?
Take Level01 as an example. It is the World’s First Brokerless Derivatives Exchange in Partnership with Thomson Reuters. The concept is innovative, more importantly; it has an enticing proposition because it addresses gaps, issues and problems faced by traditional trading markets. This facilitates a stable, robust and potentially profitable investment eco-system. How so?
Remember Investopedia’s valuation of the derivatives market at a thrilling $1.2 quadrillion? This estimate is debatable because it needed to consider, “notional value”, versus actual market value. The lack of certainty on pricing and not having accurate market data can be frustrating. Brokers also charge a fee for both ends; buying and selling, which makes it expensive to participate in trade. In addition, not everyone relishes in the prospect of understanding financial data, terms and conditions. These factors are barriers to entry that reduces the pool of investors in the derivatives market.
The Founders of Level01 saw all these and sought to develop solutions that can make investing easy, transparent, secure and fair, by using the Blockchain and partnership with financial market leader, Thomson Reuters.
AN APP THAT MAKES ANYONE A BETTER INVESTOR Whether you are a first time investor or an experienced investor, the Level01 App will help you make better investment decisions, save time and get better at investing in the Derivatives Market. Its sleek interface, smart data feed and intuitive features are designed to fit all investor types to make the trading experience as easy as 1, 2, 3.
CHANGING THE GAME WITH ARTIFICIAL INTELLIGENCE When you log on, the Level01 platform, you will have FairSenseTM Artificial Intelligence on hand to analyze trade intent patterns of all users on the platform to find the best matches for you. Once a match is found, it employs its proprietary dynamic fair price-balancing algorithm to show fair pricing for both sides of the trade contract. This saves investors time, speeds up trade, and keeps inflation in check with fair pricing.
CREDIBLE AND RELIABLE DATA FEED FROM THOMSON REUTERS Level01 raised the bar further by collaborating with Thomson Reuters. They integrated and enabled live streaming real-time market prices for Forex, Index, Cryptocurrency, Commodities and Stocks directly from Thomson Reuters, a global leader for information and data sources for professional markets. Having a 150-year-old brand name like Thomson Reuters lends tremendous credibility to the data and keeps investors informed of actual value prior to the commencement of the trade.
AUTOMATED SMART CONTRACTS As if that was not enough, the Level01 is designed as an exchange and trading platform with a system of smart contracts that resolves trust, emotion and irresponsibility in an efficient, transparent, automated manner. These automated digital contracts saves time and money for investors so that they can concentrate on analyzing data and deciding on investments.
SUSTAINABLE GROWTH DRIVEN BY USERS You may be thinking by now, that is all well and good, but what are they doing to make this unique Derivatives Exchange sustainable and primed for growth? The designers of Level01 looked towards attracting quality investors by incorporating a fair rating system based on statistics and empowering them with the ability to add value to the network, and derive value for themselves. Level01 rewards users when they participate in the ecosystem. To make it even more enticing, the Level01 platform enables Trade Room Hosting, which allows users to earn commission. These lucrative set points are attractive to users who will jump on board and increase the liquidity base, which of course, benefits everyone.
BETTER FINANCIAL LIQUIDITY Sometimes being able to sell is as important as being able to buy. This means your assets and investments can be easily converted to cash. Level01 gives you full control over your own funds by allowing your deposits and withdrawals to be done instantly. You can also change the native platform LVX tokens between BitCoin and Ethereum for better financial liquidity.
WIDER FINANCIAL PORTFOLIO Level01 allows you to trade both traditional and cryptocurrency market assets to give you greater ease and freedom to plan a diverse portfolio to suit your needs whether you like to play it safe or take profitable risks.
DIVERSE AND EXPERIENCED TEAM An international team with accolades, achievements and awards helms Level01 Derivatives Exchange. There is a mathematician and data analyst, a software engineer and system architect, a highly ranked digital marketing specialist, an expert in corporate operations, a consultant in banking and finance, a key quantitative analyst consultant who over saw $25B AUM, a corporate strategist and brand planning expert and an inventor-CEO with a string of successes under his belt, including founding a successful public listed company in Australia.
GROWING INTEREST Level01 just begun but it is already making waves in the cryptocurrency and investment world. Forums and chat groups are buzzing with conversations as seasoned cryptocurrency investors hop on the bandwagon, eager to sweep up ICOs before the rest of the world notices. Coin Telegraph, which is the top news portal on cryptocurrency, described Level01 partnership with Thomson Reuters as a great game-changer that will allow general public to trade derivatives like a pro using big data previously only available to institutional traders.
Could this be your ticket to making your 2028 the best year ever? As if you invested in Google back in 2004. You can check out more about this upcoming platform here.
Can you explain a bit about the mesh net? Is it just an mpls network between nodes or is there something deeper going on?It is not actually a meshnet. It is software defined networking, it is much more powerful than just meshnet. Its a new type of networking and new completely new protocol and networking namespace, independent of the existing internet.
are those coins that are not in circulation in any cold wallets since only a portion is currently available according to CMC?The coins are locked into 100 addresses, each with 1 million coins each. And they are released sequentially.
How does the Network consensus algorithm Obelisk work and differ from widely known algorithms like Proof of Work and Proof of Stake?PoS and PoW use miners. Miners receive new coins every block as a block reward. So miners are making money and will fight to control the network. An everyone will suffer because the newly created coins represent inflation.
nxt i think is doing ok..There were three people that each owned 30% of the coin. One decided he wanted out and began dumping. NXT was over 150 million I think. When he started dumping, it basicly killed NXT.
What will be the actual function of Skycoin (the coin itself)? Will the coin be used as currency, as transfer of value in and between all these various developing functionalities, semi-separate projects to tie them all together or it's function will be more limited?Yes. Bitcoin has no purpose. An altcoin does two things - check your balance - send money to other people
nxt is a newer platform than sky, market value is $220 million plus $166 million, I get what you are saying but the evidence is wrong. Community is huge and active in Nxt. But you say it is killed, i dont get it?What I am saying, is that NXT would be a lot further along than it is now and probably around where Ethereum is, except for that mistake in the distribution and keeping it too concentrated. It set them back by years. They did not consider what the impact on the price would be, over the long term, when one of the early whales started selling off or decided he wanted out.
So the skycoin wallet will be a VPN for our internet usage?The VPN is just one application, that uses bandwidth over Skywire. There are several things in development.
So if there is no block reward what is the incentive to run a node?running a consensus node does not cost anything. You can run it on a raspberry pi.
So Skycoin is a Proof of Resource coin where its value is actually backed by provision of a useful service, in this case private and secure networking? Are there plans to add decentralized storage and even distributed processing to it?We have decentralized storage, which is called CXO. But only the bandwidth is monetized by Skywire. We do not nickle and dime and try to attach a coin cost to every API call. Everything that should be free is free. So its a different philosphy.
so these 100 separate million coin accounts will be 100 ICOs or how is the distribution patterned? is it written into the code or up to the devs?We will have a distribution page, up on the website soon. Its complicated.
Is it possible for Skycoin to choose the best paths and route around bad or slow nodes as damage to the networkYes. This is very important.
on your website it says you will have a NON- Turing complete lisp language?That is probably an error. LOL. We will have a new website soon.
Will Skycoin still have the node subsidy plan for setting up and registering the mesh nodes like originally planned?Yes. We are going to get from 20% to 30% distributno of the coins, through network incentives for people running Skywire nodes, consensus nodes and services.
I read how you suggest Skycoin could be used for VPN connections, is this the largest use case you see?No. This is just something easy, that we have working. Its not the largest applicatoin at all.
Maidsafe has been working on the redesign of the net for about ten years, what are you doing the same and what different?Maidsafe is in version 2 or 3. Maidsafe will not have a real coin until version 9. Each version takes them about two or three years. Maidsafe will not be "done" or ready for atleast 18 years at this rate.
Are you a corporation or foundation or charity? Registered? I am not sure i have seen anything about who you are? What is the dev team size? Background?I think there are over ~60 people who have worked on Skycoin or have made major contributions. Its really a project from the darknet.
I see Skycoin as essentially replacing TCP/IP and providing mesh network type functionality at the hardware level, Ark would run on top of it as a top level application layer.Yes. The key functionality is two things - connecting to people by public key (networking) - distributing self validating, immutble data peer to peer (transactions, blocks etc... content addressible storage)
Who is the entity that is funding this? I think you have done 2 ICOs? How much did you receive? The first was 10c and the second was @ 50c per coin, released 6 million, is that correct?The people who funded the project for the first four years, were early bitcoin and deep crypto people; who were unhappy with the fact that Bitcoin and the other alts did not seem concerned about the core issues at all. They gave us over 1200 bitcoin I think, over several years and did not ask for anything in return.
Have you personally been in Sky from the start? What members have? Who allocates the ICO money etc... I hope you understand that decentralization with investment is a two edged sword, we invest in people but we cannot know these people.... So... we question.I think there wer three different groups that merged together in first three years, that had similar objectives. Because the code was in different language. There was python, C code and then eventually golang and the golang code became the basis for the current codebase.
With the price up 35x in about 1 year, is it not now time to cool the run up and release another ICO? At what amount of coins released and what procedure?I think the Skycoin price has been doubling every 40 days, for as long as I can remember. However, it will still be years before it is in the top 20, its still a long way to climb. It took bitcoin years to go from 0 to $1, even though it was growing at 1% per day the whole time for six years.
best would be a totally open source and publicly audited manufactured system on a chip for the nodes to prevent any backdoors.we are going to use arm
|Hey Matt, I was at your State of the Word in SF and you talked about moving WordPress more towards being an application framework rather than a CMS or blog platform. What specifically do you have in mind for this (better settings API, developer features, etc)? And then if you could break backwards compatibility (which really isn't a option for WP), what would you really like to completely redo or add to WordPress? Thanks!||First and foremost the most important things for a platform are stability, speed, and security. To do those well you need the ability to push updates and fixes as close to real-time as possible. And it needs to work in every language. User authentication, data and caching abstraction.|
|A lot of what people think of as platform stuff is actually at the CMS layer -- custom post types, taxonomy meta,|
|If backwards compatibility wasn't a concern I would rename all the inconsistent column names and variables to match our style guide, drop TinyMCE, simplify the user roles and capabilities system, replace widgets with page blocks, redo the admin menu system, denormalize the DB, flatten dependencies and deep hierarchy in function execution, and completely reorganize the code so the bare minimum of files are included with any given request.|
|After reading questions from all of the nice, well-meaning people writing WordPress as "Wordpress", do you wish reddit would implement capital_P_dangit(\)? ;)||Yes! If anyone from Reddit sees this, would super-duper appreciate if we could get /WordPress capitalized properly. I can send copious amounts of swag, bourbon, and BBQ if bribes are needed.|
|Looks like that already happened.||My link works, but if you click the link in the header it takes you back to the lowercase P. Probably just a field in a database somewhere.|
|How is it going with Bitcoin ?||Haven't looked recently, will see if I can pull some numbers. I wish I had bought some Bitcoins before we introduced it, though. :)|
|Any stats ?||94 successful transactions so far, pretty low. I think it's more important philosophically to support it than it's been beneficial from a business point of view.|
|If you could wave a magic wand and instantly rewrite WordPress in any programming language, which would it be?||Go. :)|
|Do you ever think "I could have been tumblr" ?||Just the opposite, I'm very glad we're not Tumblr.|
|Hi Matt, I'm a long time WordPress dev (since day 1 moreorless) so thanks very much for starting it. Just wondering what your opinion of Ghost is? Link to www.tryghost.org.||Link to www.fastcolabs.com|
|They say or imply lots of things about WordPress that aren't true. They've also done things like had a quote from me looking like I was endorsing Ghost on their Kickstarter page even after I asked them to remove it several times. (Lots of people were confused or thought it was a plugin for WP.)|
|What do you think of Drupal 8 ? :)||Some cool stuff in there! I also keep an eye on Joomla and Concrete5. I find it really fascinating to watch other open source projects especially because we share much of the same background and philosophy, but make radically different decisions around things like backward compatibility and release schedule.|
|It's like watching birds that evolved from the same ancestor but on isolated islands and environments. I'm sure we do things that look completely crazy to Drupal folks, and vice versa.|
|Along those lines I was asked to keynote at the Joomla World Conference in November and it looks like I'm going to be able to make it.|
|Why is hello dolly still a default plugin? Do you have any statistics about how many people actually activate/use it? Have you personally written any other plugins?||Hello Dolly is actually the 13th most active plugin, with an active userbase of about 16% of Akismet (the most-activated plugin), and about a third as popular as Jetpack. It's ahead of W3 Total Cache! Again this is not just installations, it's currently active.|
|Some of the other plugins I've been involved with are here on my profile: Link to profiles.wordpress.org|
|They're obsolete but at the time I was proud of Advanced Caching, Staticize Reloaded, and Cache Images and the early and since-rewritten work on bbPress, HyperDB, and Akismet.|
|How directly involved are you in ongoing development of core? Are you relatively hands on, do you ever drive decision making or do you leave it to the community?||Would love a wooden WP logo, as long as it's not a fauxgo. :)|
|On a completely different subject.||I'm as involved in WordPress development as I was 10 years ago, it just manifests itself in ways that tend to be a lot more behind the scenes and less visible, which I don't mind as I'm way more interested in things moving forward and the results than credit or recognition for any specific thing. (I get plenty of recognition regardless, don't need more.) The only downside is that folks who I don't work with on a day-to-day basis assume that my role at Automattic or WP is more as a traveling figurehead or "evangelist" which can rub me the wrong way sometimes.|
|I met you at WordCamp Chicago this year (I told you about a widget plugin that turns them into a post type and such).||For 3.8 I'm going to take a swing at the release lead role again, which should be fun.|
|I created these wooden WordPress logos with my 3D Printer, I meant to give you one but I forgot about it. You still want one?||The most important thing I've done since WP started, though, isn't in a line of code or a feature people use, it's getting the right people involved and creating an environment for them to thrive. It's the single most important thing any founder can do, whether of an OS project, a non-profit, or a for-profit company even though there's not a single thing you can point to as the result of it other than the overall success and movement of the project.|
|What are your favorite/most powerful/most surprising implementations of WordPress?||My favorite are when people I admire use it, from Jay Z to Zeldman. In many ways what we do like a canvas, and it's a huge honor to see the creativity and beauty people bring to it.|
|Of all the WordCamp's you've been to around the globe, what was the most unusual location for the event itself and, separately, the after party?||Oh by far and away the strangest location was Davao in the Philippines. I can't find any pictures at the moment, but my talk was essentially at a restaurant with a swimming pool courtyard -- the audience was on the other side of the pool from me, and the food buffet was behind me so when the Q&A got slow people would grab food. The PA system had an echo because I think it was normally used for karaoke. And then the bats came out!|
|Best after-party is hard to pick, but I had a great time after WordCamp Las Vegas which aligned with my 25th birthday a few years ago.|
|The Philippines is a wacky place. Oh, my people :-)||I loved it and had a great time, including at the one mentioned above. :)|
|Of all the WordPress community memes, which one is your favorite?||Link to twitter.com is pretty funny, and some days I miss WP Wank.|
|Recently I enjoyed #thingswpdailywouldpost and the response: Link to torquemag.io|
|Pretty much anything Mike Adams (mdawaffe) sneaks into the code, be it easter eggs or Ghostbuster references.|
|Mark Jaquith had some pretty hilarious ones but I can't find them at the moment, maybe other folks could post their favorites too. :)|
|Automattic has a lot of side projects (Gravatar, PollDaddy, etc) - What's next?||There's always a struggle between doing new things or experiments under a new brand -- like VaultPress -- vs putting it under an existing brand. A lot of the things I've been thinking about we're going to put under the Jetpack brand, for example Jetpack Photon (CDN + dynamic image resizing and filtering) could be a standalone product, but decided to bundle it. So keep an eye on some big things coming to Jetpack, especially for Code Poets, people who use WordPress professionally.|
|What would you like to see us do next?|
|What individual do you think is the most under recognized contributor to the WordPress community at large?||That's a tough one... I'm going to say the volunteers on the support forums. There are 2M+ posts there, and it's easy to forget that a huge number of WP users end up in the forums and get help that allows them to use the software when they wouldn't otherwise be able to.|
|I remember seeing a WordPress yearly theme of "WordCamps and WordPress Meetups". What should be the next year's area of focus for the Community? What areas would you like to see beefed up in the Community? Some themes that I thought might be good are "Women in WordPress", "Contribution and Documentation", "WordPress Evangelism", "Adopt an old plugin" to name a few. How do you feel about these?||Those are all good, if I had to pick one it'd be getting the documentation going better on WordPress.org -- handbooks, function reference, training materials / syllabuses, and doing it all in every language and for every plugin/theme.|
|Hey Matt, what was the most difficult thing for you in starting your business and what do you think is the most important thing you have to know and/or to learn when you found a startup?||The hardest thing for me was taking responsibility for the lives and families of others, those first few hires especially. It's why I originally raised funding even though we had revenue already, and why since then we've always focused on making the business sustainable over decades, not just the next tech hype cycle.|
|What's the best meal you have ever eaten (and photographed)?||Hands down: Eleven Madison Park in NYC.|
|Recently I had a really special libation tasting menu at The Aviary in Chicago, which is from Grant Achatz the chef of Alinea, it was a cool experience at a table in the kitchen.|
|I'm constantly amazed by the coordination and efficiency of professional kitchens, I'm mesmerized when I watch.|
|PHP has matured a lot in the last few years, with new tools such as Composer and new frameworks such as Laravel. The relationship between this side of the PHP community and WordPress seems to be pretty strained. Are there plans to address this relationship, particularly with the new focus on WordPress as a web app framework?||I think the PHP and WP community are coming closer together, I know it's something that Nacin has been spending time on and we've had more presence at PHP-focused conferences.|
|Thoughts on forking WordPress, a la jQuery? (Link to eamann.com.||I don't think forking as described there is a good idea.|
|Multiple content areas - probably the most important CMS feature not baked into core. Will it ever happen?||There's something around multiple content areas that could be really interesting we're going to start working on this year, hopefully ready by early 2014.|
|What do you see as the biggest challenge facing WordPress (in the context of competitive software or just un-met customer needs) for the next year?||By far and away it's the high attrition rate of new users. We look at posting a lot in that context but I think it's far more important to look at customization -- theme discovery and tweaking, widgets, menus.|
|Hello Matt, what is your opinion about current state of PHP in general? Do you like any particular framework? Templating engine? Thanks.||I think it's pretty great, would just love to see continuing development around performance. Nothing really in the language that's holding us back. Wish it was trendier with younger devs.|
|Hey Matt, why did you force the rest of us to suffer through images defaulting to a link in our posts (I understand that was your doing)?||Youthful indiscretion!|
|What is your development setup (software)?||Most of my time these days is spent with people instead of code. (For better or worse. :)) I love lists, and live on Link to simplenote.com .|
|When I code since I switched to Mac in 2011 I use Coda 2 and SFTP to a remote server rather than a local dev environment. nano on the server.|
|Apache or nginx?||Nginx!|
|I find WP so much more user-friendly than the competition. Was that a conscious decision from the outset? Was it hard work to make it that way or was it just the way you guys did things? Do you have a warehouse full of useability testers or does it just come naturally to you guys?||The first few users were friends of mine who weren't into technology at all, so from the start we needed to make it work for regular people. As we grow it's mostly just a matter of reminding ourselves of that, sitting down with them to see how they use the software, and anticipating their needs.|
|If something in the future interests you enough to make WordPress/Automattic part-time for you, so you can take on something else or contribute to another cause, what might it be?||I'm really fascinated by micro-electronics, hardware, and the "internet of things" for lack of a better term. It's surreal to be approaching an age that resembles the sci-fi I loved as a child.|
|That said, I can't imagine not working full-time on WordPress/Automattic, I feel too strongly about our mission, impact, and potential.|
|What's your favorite beer? Link to imgur.com.||Link to cloudup.com|
|I see a lot of desperate web development companies locally that try to stress that Wordpress is insecure and shouldn't be used. What would be the best thing to say to people like that to shut them up?||Some of the largest and most important publishers in the world rely on WordPress. (Show them the showcase.) If WordPress was insecure we'd see it on the front page of nytimes.com, wired.com, and cnn.com. :)|
|Hi Matt, have you read Chris Lema's blog post. What is your response?||I have. It's also funny because I think Gartner is about to come out with a "magic quadrant" that puts us in the crappy quadrant (low vision and ability to execute). Their leaders? Adobe, Sitecore, SDL, Oracle, HP, Opentext...|
|I completely agree with Chris on all the ways that enterprise currently works, and their concerns. (People assume because we choose to do things differently that we don't understand the other side.) But I'm not willing to compromise getting better software into the hands of users as quickly as possible, if that means Gartner thinks we're a visionless niche player so be it.|
|We've done long-term support branches before, it was a big development burden and almost no one used it or cared. There will be businesses that embrace keeping their technology moving at the speed the web does, and there will be those that go out of business and become irrelevant.|
|•Will you ever support multiple languages in the WordPress core?||No plans for multiple languages in core, sorry.|
|•What do you think of new writing platforms like Quip and Editorially? Will the WordPress post editor ever have any of those 'team' features?||I really dig the new writing platforms, I do think we'll get some of those team features if not in core than in Jetpack.|
|I heard a rumor Matt switched back to QWERTY. True?||Not true, still typing Dvorak, though last year I was beat on speed for the first time by Helen Hou-Sandi, who types QWERTY. She's speedy, and if she switched to Dvorak she could probably win world champs. :)|
|Hey Matt, where do you think the future of the independent WordPress news community lies, with your recent purchase of WPTavern and the recent sale of WP Daily to WP Engine? Do you think there is a space for an impartial WordPress news website? *edited for correct spelling!||I'm glad that new ones are being started as fast as old ones are shutting down. There is some really interesting stuff going on in the community and I think there's space for real journalism and strong commentary.|
|What one major thing would you like to see changed/fixed/updated in WordPress core?||The fact it doesn't work well on mobile devices.|
|How do I convince my boyfriend, who wants me to keep his site in ASP.NET (he's a programmer, I'm a designecoder), to install WordPress? I'm not even allowed to use PHP! :(||The best way I've found to convince people, even as the founder, is just showing examples. That's why we created the showcase: Link to wordpress.org|
|Find out which musicians, celebs, authors, etc he writes and see which of them are on WordPress and bring it up casually in conversation. (We have huge adoption from creative folks.)|
|Best BBQ of all time?||I hope I haven't had it yet. :)|
|Are open source contributions a prerequisite to work at Automattic?||No, but they get you to the top of the list when we're reviewing applications. (I know, I look at every incoming resume.)|
|Would you consider Automattic the "Redhat of WordPress"?||Without a doubt. ;)|
|Do you think an app store for plugin and themes built with high quality standards and framework, could be a good solution for WordPress end users?||The plugin directory is an app store where everything is free.|
|Would having paid stuff there make it better? I don't think so.|
|Why do you feel thats different for themes - premium themes are available via the themes directory. (I've never bought one of those so I don't know if the comparison is valid)||Design is inherently valuable in its scarcity, functionality is valuable in ubiquity.|
|It's unlikely that we'll ever want to put a popular theme into core, but fairly likely it'll happen for a popular plugin.|
|Collaboration is more important for plugins than themes, and money from scarcity balkanizes development.|
|Did you ever feel like you couldn't continue with your project? Is there any advice you have for small business startups?||Covered advice here -- Link to www.reddit.com|
|There have absolutely been times I felt like I couldn't continue, both with Automattic and WordPress. You have to take the lows with the highs and stick with what you believe in.|
|Hi Matt, I have been using WordPress for 10 years, make most of my living from it, and will always love it. Thank you for that! It is by far the easiest way I have found to build websites that my clients find easy to use. I see the reasons why WordPress does not use more modern coding practices and tools and appreciate the need for backward compatibility, but wonder if you ever see the code base moving forward to a time when developers can use the newest features of PHP, best coding practices (i.e. testing), and the great tools that are available these days, like Composer. Do you think there will ever be some kind of fork or offshoot of WordPress that functions as an application development framework, since so many developers are using it for that these days? Thanks :)||I disagree with the premise -- WordPress does use modern coding practices. People assume that supporting say an older version of PHP or MySQL holds us back far, far more than it actually causes any trouble. Supporting older browsers is a way bigger deal.|
|Our biggest challenge is figuring out the user side of things, the front-end code. How things should work for a user rather than how they should work for a computer.|
|What does your average day look like and how do you manage so many different projects?||I spend more time on Skype (text chat with colleagues) than I would care to admit. Between that and P2s ( Link to p2theme.com ) I can easily fill eight hours in a day. As the company has grown to over 180 people there is a huge amount of content and activity to keep up with.|
|Hey Matt, how many hours you work on an average day?||It's hard to say because I don't really consider what I do work, the hours just melt away.|
|I find I'm most productive first thing in the morning when I wake up, usually around 7am but a bit later if it's a cloudy morning, and I generally run out of steam around 11:30pm that night.|
|Some days I'm traveling though I might only have 4-5 hours at a computer and can get a similar amount done.|
|I find I'm generally more creatively charged the following day if I'm able to unplug at night, which is one reason I like jazz festivals (I try to go to Montreal every year) because I can work during the day and check out shows at night.|
|Any chance of a comment-spam filter being built into core? Akismet is great but has a lot of hurdles for a new user (Activation of the plugin, Registration on Wordpress.com, Registration for API key) and most just don't do it, contributing to the problem.||I agree with Viper007Bond -- anything we did in core like Cookies for Comments would become completely ineffective within a day. Those only stop dumb bots who have easier places to spam.|
|Link to markjaquith.wordpress.com|
|off, love you, your ethos, your company.||If you figure it out, let me know. :)|
|My question: how do you plan to get "normal" people to update their blogs as often as they do their Twitter and Tumblrs?||But seriously, I think it's all about removing friction (every second loading and extraneous click) and becoming part of people's habits, which is one of the reason I spent a fair amount of time on triggers and habits at the State of the Word this year.|
|any plans to launch a Premium paid version of Photon service with more features?||Not on features, we'll make anything new there free to everybody, but might have a paid tier for top 1% of users by bandwidth/usage. But probably a few years from that, plenty of bandwidth and CPU here in the meantime, and it's just getting cheaper and faster.|
|Find a new boyfriend maybe? His judgement is clearly lacking.||Ha!|
|Which features are available on other CMS that you would like to see in WordPress?||I really like some of the drag and drop layout things folks like Squarespace and Weebly do. I think we have so much we can do to improve customization.|
|Hi Matt ! I know you've advocated for water causes in the past. Do you have plans for future charitable/philanthropic projects? Thanks for doing this.||My big contribution this year has been to the Bay Lights project: Link to thebaylights.org|
|Haven't decided about next year yet...|
|What do you think about App websites/themes that seem to be using WordPress as the choice of CMS, do you think WordPress is a good platform for these types of sites? Scaling, Performance issues considering? Examples, Dating sites, Crowdfunding sites, Job board, etc.||I think it's a great framework for anything content-driven. For things like messaging that don't map well to WP's data model, you can still do it just make some new tables, don't try to shoehorn it in the standard ones.|
|Which verticals will you be tackling next with WordPress.com? Please share your sensitive corporate information ;)||Putting a hold on new verticals at the moment, going to try and go deeper on some of the existing ones first.|
|Hi Matt, now as most people know, you are very much a fan of open source and the GPL license. However, is there anything you do NOT like about open source? Also besides Wordpress (or its themes/plugins), are there any open source projects you like that aren't related to Wordpress or Automattic?||I think the things that make open source incredibly collaborative and ultimately eat the world can also make design and big shifts difficult. WordPress has made some major shifts over its decade of life and grew as a result, but those pivots are harder to do the more successful we are because sometimes it means doing the opposite of what we did to become successful in the first place.|
|Automattic's been tweeting a bunch of new hires lately, and quite frankly doing a great job of making me jealous. Has the 90% of employees being remote ever caused real problems or friction? And how do Happiness Engineers work: do they help people out over the phone, or is it strictly a text over the Internet thing?||Remote distributed working has been working great and we plan to continue it for the foreseeable future. HEs mostly work with email, but we're introducing a ton more live chat and phone work.|
|Say you retired your involvement from WordPress, what other projects stimulate your interest and challenge you? I think for many of us, all good things come to an end and considering your success of WordPress, what other projects (offline or online) would benefit from your involvement?||I think I got this one here -- Link to www.reddit.com|
|Have any companies ever tried sueing you over silly software patents?||Yes.|
|Hey Matt, you talked about profitability on TWiST. How do you plan on increasing revenue at Automattic? (I'm especially interested in how open source projects like Wordpress could lead to profitable companies) Edit: (changed "profit" to "revenue")||I think it largely looks like the things we're doing today, just executed better and with a wider audience aware of them.|
|Hi Matt, besides traveling and photography, what are some of your other non-WordPress interests?||Pretty tame: Music, especially jazz and hip-hop (J Cole, Childish Gambino, Kendrick Lamar, Weeknd). Wearable tech. Vinyl records. Food (trying to cut down on this). Reading.|
|With growing popularity Wordpress has, in the past few years, become increasingly prone to hack attempts, brute force attacks, etc. Is there anything being done to address security concerns?||I think we're a lot more secure than we were a few years ago, to be honest.|
|Hey Matt, I watched the live stream of your State of the Word on the weekend and you talked about leading development of WordPress 3.8 and that it would be "experimental". What kind of features do you have in mind?||New interface with MP6, new theme with 2014, and hopefully some work on the editor and widgets.|
|As someone who's making a living thanks to the WordPress, this might be the only occasion for me to say Thank you Matt. You've truly changed my life.||Thank you. :) Hug a WP contributor next time you meet one, there are hundreds of people active every day that are even more crucial to WordPress than me.|
|This is my personal favorite. ;) Edit: Whoops, imgur mirror so we don't kill ipstenu's site.||That is indeed amazing. :)|
|Sup Matt, Hit me with some Akismet stats.||We're blocking 40-50 million more spam every day than we were last year. The volume of spam has been growing unusually fast.|
|Hi Matt, what do you think about this 400,000 Euro Site - :D. Link to www.carlabrunisarkozy.org. Link to www.connexionfrance.com.||WordPress is priceless, so 400k euros isn't a bad deal, but they could shop around for a better consultant. :)|
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