Exploring The Optimistic Virtual Machine by Ben Jones, Karl Floersch (Devcon5)
Channel: Ethereum Foundation
Date: 2019-11-19

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https://archive.devcon.org/archive/watch/5/optimistic-execution-putting-the-internet-on-ethereum

Ethereum can serve as an arbiter of trust for the entire internet. To make this a reality we'll have to scale. Our best bet to scale is constructing a comprehensive layer 2.What do plasma, state channels, optimistic rollup, & ETH2 have in common? Optimistic execution! Or in other words, they each make inferences about future Ethereum state based on local information--think fork choice on top of a state machine. Using this concept we construct the Optimistic Virtual Machine (OVM), baking inference logic directly into wallet & application software. In this talk we discuss how the key role trust will play in the internet--from DeFi to timestamping--and how we can build the underlying infrastructure to support internet scale.
These are exciting times for blockchain infrastructure. Now we just need to solve identity & UBI -- easy!

Speaker(s): Karl Floersch, Ben Jones
Skill level: beginner
Track: Scalability
Keywords: technical

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Devcon is the Ethereum conference for developers, researchers, thinkers, and makers. 
Devcon 5 was held in Osaka, Japan on Oct 8 - 11, 2019.
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