Wetrust An Interview with Luis Cuende, Co-founder of Aragon
Luis Cuende is the co-founder and Project Lead of Aragon, a project for disintermediating the creation and maintenance of companies and other organizational structures. Aragon believes that blockchain and the Internet are changing the incentives for companies to exist, and they are building tools for the next generation of companies that will take advantage of these changes. Previously, he cofounded the blockchain startup Stampery, and created the world’s first Linux distribution with facelogin.
Hi Luis, thanks for chatting with us! Tell us a bit about your background, and how you started Aragon?
started writing software when I was 12 years old. Back then, I created a
simple Linux distro with features like facelogin, and in the process I
fell in love with free software. I created a couple of startups when I
was 15, and when I was 16 I discovered Bitcoin, and the first thing that
came to mind was “this is not possible!” A couple years later, I read
the whitepaper, and was blown away. After a couple years growing a
Bitcoin startup, I saw that Ethereum was gaining traction, and realized
the world needed a way to organize companies on the Ethereum blockchain.
That’s when I started Aragon.
Will Aragon have a token?
we will have a token. Aragon will work for free for anyone in the world
without requiring a token. Those Aragon companies can provide services
and make decentralized orgs mainstream. It will make it easy for people
to create decentralized organizations, to invest and work with them.
Within this network of Aragon companies, we will provide upgradeability,
a decentralized court system for arbitration, and a lot of services
that can only be provided at scale. Using the Aragon network token will
be a way to bring governance to the whole network. It will also be a
price for Aragon companies to subscribe to the network.
we first created the product without any kind of token sale, that’s
been a common question lately. We wanted to get the product out there
and see in which ways a token model can improve it. We figured out that
to make decentralized organizations widespread, there are a couple
hurdles to overcome. The first one is making organizations upgradeable,
so they can last for the next couple of decades. The second one is
providing a way to resolve human disputes that smart contracts don’t
cover nor understand.
a lot of imagination, we came to a conclusion. What if there was some
kind of virtual jurisdiction that Aragon organizations can run on top
of? We call it the Aragon Network. It provides Aragon organizations with
services that can only be provided at network scale. Such as automatic
upgrades or a decentralized court.
The token will give holders the ability to govern the Aragon Network and pay for its services. You can read more about it here.
just announced the token sale this week. It will begin the 17th of May,
and last a whole month. We were heavily inspired by Ethereum’s token
sale, and tried to architect it as similar as possible, while adding
some new features such as vesting for founders and early contributors.
We think vesting is a must for token sales.
How does the decentralized court concept work?
our mind, it works at 3 different levels. The network will assign 5
random judges, all bonded to the network. The judging will work as a
prediction market, in which judges bet on which party is right or wrong.
If they judge incorrectly, the bond will be taken away. When somebody
opens a lawsuit, they will post a bond, and if they don’t agree with the
judges decision, they can increase their bond, to make their case
public to a whole network of judges who act like another prediction
marketplace. If you don’t agree with that decision, you can increase the
bond further and go to the Supreme Court, the top 9 judges by
reputation. The judges’ reputation will be earned through the accuracy
of their “predictions” in other lawsuits. We’re trying to see which
other services can be leveraged for Aragon companies. Other projects are
building decentralized courts, and we don’t want to reinvent the wheel,
so we are in touch with that projects in the space we can partner with.
saw that Aragon has a major focus on making its product accessible to a
non-technical audience. Can you describe some of these features?
have created our own desktop client, so you don’t have to run a full
node or download any browser extension. I’m a perfectionist, so I’m
always trying to make user experience pixel-perfect. This whole
ecosystem must make it even easier for our users.
think a big problem is the complete lack of information and user
friendly documentation, and this is something the entire community needs
to improve. For people like my mom, if you don’t present clear
documentation with pictures and drawings they don’t get it. But this is
progressing, Ethereum moves fast. For example, 4 years ago, there wasn’t
even good developer documentation about Bitcoin!
know you guys launched a few months ago. You’re trying to make
something that is easy to use, and I like that. It’s easy to explain
your concept to people. That has to be the number one priority. When
people read your website, even if they’re not a technical Ethereum
person, they know you can make trusted lending circles,
and all they have to know is that there’s something called blockchain
that makes it possible. It uses the blockchain, but is not centered on
Thanks for chatting with us and for the kind words, Luis!
from constantly working on new things, we are also constantly improving
ARK core so we are happy to announce a new minor ARK core update that :
- Fixes transaction broadcasting (sometimes TX didn’t get broadcasted on the ARK network and user had to rebroadcast the TX).
- /api/accounts/getBalance now returns error if address is not recognised as ARK address
- blockid is added to transaction in /api/transactions
do I have to do if I’m running a node on my server for ARK, be it
active (you are in the top #51) or relay (you are #52 and downwards)?
Make sure you are running latest ARKcommander.sh (if not sure) run this commands:
Dev. Update #2 — Dev. Road Map/ Bounty and many more questions answered We just finished a long strategy/ planning meeting which lasted a couple of days. It’s going to be a really exciting year. Our Beta Black Jack has already been running for 2 weeks. During that period our Black Jack received 1000+ bets. It just works, and it does it relatively fast. So far, it’s the fastest gambling app in the whole Ethereum BlockchainWhy don’t I receive anything after winning?
size is extremely small. You can bet 0.001 ETH. However, an Ethereum
transaction charges a gas price which is more than 0.001 ETH. So while
testing on a beta, you pay more as a gas fee than you can win.My Metamask does not work?
By default, Metamask is switched on Ethereum testnet. Just change it to a main Ethereum Blockchain, and it will function.Development roadmap. What’s next?
In 2–3 weeks we will have a major update for our beta version. Key features:
1) Edgeless Black Jack rules.
8 decks game
Dealer stands on any 17
Player can double any 2 cards
Player can double after split
Player can resplit up to 4 times
Player can resplit aces
Player loses only original bet against dealer’s BJ
Surrender is allowed
Black Jack pays 3 to 2
If you have any rule suggestions, feel free to write us on Slack or [email protected]
2) Black Jack beta will be available on Ethereum test net, too, so people will be able to test it without using their own ETH.
Beta version will be integrated with myethereumwallet for even better
performance. So people will no longer need to confirm a Metamask bet
before every transaction.
When will you launch a full Black Jack version with proper bet sizes and an Edgeless Lounge?
It will happen in June/ July.
What are the main deliverables you need to do before a full version launch?
Black Jack smart contract auditing/ testing
Creating an Edgeless lounge lottery smart contract and connecting it to a Black Jack
Legalities and Casino License
Creating new Edgeless Branding
Creating new Edgeless UI
Will there be any other games besides Black Jack?
Black Jack + Edgeless Lounge: Q2, early Q3 (June/ July)
Russian Poker, Dice: Q3
Casino bankroll investment program: Q3 (more info will be released in the future)
Updates on Bounty program.
We have already distributed the first bounties (20%) for a signature, translation, blog bounty programs.
week, we will distribute social media bounties and community management
bounties (once we finish the ongoing investigation).
the next two days, we will send emails for all Twitter/ Facebook
Edgeless Bounty participants requesting that a wallet address be
The other part of a bounty (80%) will be distributed with a full version Black Jack launch, which will happen in June/ July.
For bounty claiming instructions, please read: https://medium.com/edgeless/info-on-edgeless-bounty-distribution-225f5f0807ae
any questions regarding bounty, please write us a PM on BTC talk forum.
Also please be patient. Since we have 3000+ bounty participants and
receive hundreds of messages a day, it takes time to respond to every
message and check each case.
Update on exchanges.
Why does it so long??
Token is not a regular service token. It’s a GAMBLING token. The
gambling industry has much stricter regulation laws and rules. For a
serious exchange, adding an Edgeless Token is not the same process as
with any other non-gambling token. Exchanges need to check/ evaluate any
legal risk and make sure that everything fits into a legal framework.
It takes time, and it cannot be done in a day or two. Also, exchanges do
not want to risk their business for speed.
So, any positive news?
now, we have already started a legal token integration process with a
couple of large crypto exchanges. We cannot publicly mention exchange
names, while it’s in process, and everything is under NDA.
Announcements and listings will be published in a period of 1–2 weeks.
P.S. One of the exchanges is already finishing :) Official announcement will be made in 3–4 days.
But hey, I’ve seen some gambling tokens added before in exchanges?
there are plenty of growing exchanges which can easily add a gambling
token. However, most of these exchanges are shady/ low reputation
exchanges. It’s not all about adding an Edgeless token to any random
exchange just for the sake of having it as soon as possible. We also
have strict criteria for exchanges which we want to be listed on. Our
token on a random exchange poses a legal risk or a damaged brand. Adding
our token is like giving the right to an exchange to sell a “casino
chip,” and, as mentioned above, that’s not the same as for any other
non-gambling related tokens. Secondly, we aim to build Edgeless as a top
class brand which will be recognized worldwide (something like Poker
Stars). Therefore, following a legal framework is one of our priorities.