{"id":46115,"date":"2026-06-09T21:27:03","date_gmt":"2026-06-09T12:27:03","guid":{"rendered":"https:\/\/sipo.tokyo\/?p=46115"},"modified":"2026-06-09T21:27:03","modified_gmt":"2026-06-09T12:27:03","slug":"post-46115","status":"publish","type":"post","link":"https:\/\/sipo.tokyo\/?p=46115","title":{"rendered":"\u30c1\u30e3\u30fc\u30eb\u30ba\u30fb\u30db\u30b9\u30ad\u30f3\u30bd\u30f3\u6c0f\u52d5\u753b\u300eWhy Cardano is the only Ecosystem that can run the world\uff1a\u306a\u305c Cardano \u3060\u3051\u304c\u4e16\u754c\u3092\u52d5\u304b\u305b\u308b\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306a\u306e\u304b\u300f\u8aad\u307f\u89e3\u304f\u30fb\u524d\u7ffb\u8a33\u2014\u2014\u6838\u5fc3\u6982\u5ff5\u300e\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u300f\u3001Cardano \u304c\u6e80\u305f\u30594\u3064\u306e\u69cb\u9020\u8981\u4ef6\u3001\u305d\u3057\u3066\u6b21\u306b\u8db3\u308a\u306a\u3044\u300e\u5b9f\u884c\u6a5f\u80fd\u300f\u300d"},"content":{"rendered":"\n<p class=\"deb-core-block deb-block-8b35e93\"><strong>\u52d5\u753b\uff1a<\/strong><a href=\"https:\/\/www.youtube.com\/live\/SQNwaGx6Mn8\" target=\"_blank\" rel=\"noopener\">https:\/\/www.youtube.com\/live\/SQNwaGx6Mn8<\/a>\uff08Charles Hoskinson\u300cWhy Cardano is the only Ecosystem that can run the world\u300d\uff0f2026\u5e746\u6708\u4e0a\u65ec\u516c\u958b\u30fbYouTube \u30e9\u30a4\u30d6\u30026\u6708\u521d\u3081\u306b\u300cSNS \u3068\u8ddd\u96e2\u3092\u7f6e\u304f\u300d\u3068\u8868\u660e\u3057\u305f\u306e\u3061\u306e\u5fa9\u5e30\u914d\u4fe1\uff09<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio deb-core-block deb-block-5f7f290\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Why Cardano is the only Ecosystem that can run the world\" width=\"900\" height=\"506\" src=\"https:\/\/www.youtube.com\/embed\/SQNwaGx6Mn8?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"deb-core-block deb-block-114907b\">2026\u5e746\u6708\u4e0a\u65ec\u3001Charles Hoskinson \u6c0f\u306f\u300cWhy Cardano is the only Ecosystem that can run the world\uff08\u306a\u305c Cardano \u3060\u3051\u304c\u3001\u4e16\u754c\u3092\u52d5\u304b\u305b\u308b\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306a\u306e\u304b\uff09\u300d\u3068\u984c\u3057\u305f\u30e9\u30a4\u30d6\u914d\u4fe1\u3092\u516c\u958b\u3057\u307e\u3057\u305f\u3002\u5192\u982d\u3067\u300c\u30aa\u30d5\u30a3\u30b9\u306b\u623b\u3063\u3066\u304d\u305f\u300d\u300c\u623b\u3063\u3066\u3053\u3089\u308c\u3066\u3088\u304b\u3063\u305f\u300d\u3068\u8a9e\u308b\u3068\u304a\u308a\u3001\u3053\u308c\u306f6\u6708\u521d\u3081\u306b\u300cSNS \u3068\u8ddd\u96e2\u3092\u7f6e\u304f\u300d\u3068\u8868\u660e\u3057\u305f\u306e\u3061\u3001\u4e45\u3057\u3076\u308a\u306b\u8170\u3092\u636e\u3048\u3066\u8a71\u3057\u305f\u7d0440\u5206\u306e\u914d\u4fe1\u3067\u3059\u3002\u65b0\u3057\u3044\u30d7\u30ed\u30c0\u30af\u30c8\u767a\u8868\u3067\u3082\u30ac\u30d0\u30ca\u30f3\u30b9\u63d0\u6848\u3067\u3082\u306a\u304f\u3001\u753b\u9762\u306b\u56f3\u3092\u63cf\u304d\u306a\u304c\u3089\u300cCardano \u306f\u4f55\u306e\u305f\u3081\u306b\u5b58\u5728\u3059\u308b\u306e\u304b\u300d\u3092\u4e00\u304b\u3089\u7d44\u307f\u7acb\u3066\u76f4\u3059\u3001\u30d3\u30b8\u30e7\u30f3\u306e\u518d\u63d0\u793a\u3067\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-cddc899\">\u6c0f\u306e\u51fa\u767a\u70b9\u306f\u523a\u6fc0\u7684\u3067\u3059\u3002\u300c\u3044\u307e\u306e\u5e02\u5834\u304c\u6620\u3057\u51fa\u3057\u3066\u3044\u308b\u306e\u306f\u5f31\u6c17\u76f8\u5834\u3067\u306f\u306a\u304f\u3001\u5b9f\u5b58\u7684\u5371\u6a5f\u3060\u300d\u2014\u2014\u6697\u53f7\u8cc7\u7523\u306f\u305d\u3082\u305d\u3082\u610f\u5473\u304c\u3042\u308b\u306e\u304b\u3001\u3082\u3046\u7d42\u308f\u3063\u305f\u306e\u3067\u306f\u306a\u3044\u304b\u3001\u3068\u3044\u3046\u554f\u3044\u304c\u696d\u754c\u5168\u4f53\u306b\u6f02\u3063\u3066\u3044\u308b\u3001\u3068\u3002\u305d\u306e\u3046\u3048\u3067\u6c0f\u306f\u3001\u300c\u3053\u306e\u554f\u3044\u306b\u7b54\u3048\u3089\u308c\u3001\u304b\u3064\u4fa1\u5024\u304c\u5e74\u9593\u5c11\u306a\u304f\u3068\u30823,000\u5104\u30c9\u30eb\u306b\u4e0a\u308b\u300e\u3042\u308b\u554f\u984c\u300f\u3092\u3001\u3044\u307e\u5b9f\u969b\u306b\u89e3\u3051\u308b\u306e\u306f Cardano \u3060\u3051\u3060\u300d\u3068\u4e3b\u5f35\u3057\u307e\u3059\u3002\u305d\u306e\u554f\u984c\u3068\u306f\u300c\u4fe1\u983c\uff08trust\uff09\u300d\u3067\u3042\u308a\u3001\u89e3\u306e\u9375\u3068\u306a\u308b\u306e\u304c\u3001\u6c0f\u304c\u7e70\u308a\u8fd4\u3059\u4e00\u3064\u306e\u6982\u5ff5\u2014\u2014\u300c\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\uff08verifiable reflexivity\uff09\u300d\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-b7dfa23\">\u672c\u7a3f\u306f\u3001\u3053\u306e\u9577\u3044\u914d\u4fe1\u3067\u4f55\u304c\u8a9e\u3089\u308c\u305f\u306e\u304b\u3092\u65e5\u672c\u8a9e\u3067\u6574\u7406\u3057\uff08\u8a18\u4e8b\u5f8c\u534a\u306b\u5168\u6587\u7ffb\u8a33\u3092\u53ce\u9332\u3057\u3066\u3044\u307e\u3059\uff09\u3001\u305d\u306e\u3046\u3048\u3067 Cardano \u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306b\u3068\u3063\u3066\u306e\u542b\u610f\u3092\u3001\u78ba\u304b\u306a\u4e8b\u5b9f\u3068\u7167\u3089\u3057\u5408\u308f\u305b\u306a\u304c\u3089\u8aad\u307f\u89e3\u304f\u3082\u306e\u3067\u3059\u3002\u6c0f\u306f\u6280\u8853\u30fb\u54f2\u5b66\u30fb\u793e\u4f1a\u8ad6\u3092\u4e00\u606f\u306b\u8a9e\u3063\u3066\u304a\u308a\u3001\u8b70\u8ad6\u306b\u306f\u300c\u691c\u8a3c\u3067\u304d\u308b\u904e\u53bb\u306e\u4e8b\u5b9f\u300d\u3068\u300c\u6c0f\u306e\u5c06\u6765\u5c55\u671b\uff08projection\uff09\u300d\u304c\u6df7\u5728\u3057\u3066\u3044\u307e\u3059\u3002\u672c\u7a3f\u3067\u306f\u524d\u8005\u3092\u4e00\u6b21\u30fb\u516c\u5f0f\u30bd\u30fc\u30b9\u3067\u88cf\u53d6\u308a\u3057\u3001\u5f8c\u8005\u306f\u6c0f\u306e\u898b\u7acb\u3066\u3068\u3057\u3066\u533a\u5225\u3057\u3066\u63d0\u793a\u3057\u307e\u3059\u3002\u300cCardano \u3060\u3051\u300d\u300c\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3092\u8d85\u3048\u308b\u300d\u300c\u4e16\u754c\u5e73\u548c\u300d\u3068\u3044\u3063\u305f\u5f37\u3044\u8868\u73fe\u306f\u3001\u3044\u305a\u308c\u3082\u6c0f\u306e\u30d3\u30b8\u30e7\u30f3\u3067\u3042\u308a\u3001\u4e8b\u5b9f\u4e3b\u5f35\u3067\u306f\u306a\u3044\u2014\u2014\u3053\u306e\u7dda\u5f15\u304d\u3092\u4fdd\u3063\u305f\u307e\u307e\u8aad\u307f\u9032\u3081\u307e\u3059\u3002<\/p>\n\n\n\n<div class=\"dp_toc_container pos-before_first_h allow-toggle\" role=\"navigation\" data-margin=\"30\"><p class=\"toc_title_block\"><span class=\"toc_title icon-list\">INDEX<\/span><span class=\"toc_toggle icon-up-open\" role=\"button\"><\/span><\/p><ul class=\"dp_toc_ul has_title\"><li><a href=\"#e381aae3819ce3808ce5bcb1e6b097e79bb8e5a0b4e3808de381a7e381afe381aae3818fe3808ce5ae9fe5ad98e79a84e58db1e6a99fe3808de381aae381aee3818b-1\">\u306a\u305c\u300c\u5f31\u6c17\u76f8\u5834\u300d\u3067\u306f\u306a\u304f\u300c\u5b9f\u5b58\u7684\u5371\u6a5f\u300d\u306a\u306e\u304b\u2500\u2500\u554f\u3044\u306e\u7acb\u3066\u65b9<\/a><\/li><li><a href=\"#e6a0b8e5bf83e6a682e5bfb5e29480e29480e3808ce6a49ce8a8bce58fafe883bde381aae5868de5b8b0e680a7efbc88verifiable-reflexivityefbc89e3808de381a8-2\">\u6838\u5fc3\u6982\u5ff5\u2500\u2500\u300c\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\uff08verifiable reflexivity\uff09\u300d\u3068\u306f\u4f55\u304b<\/a><\/li><li><a href=\"#cardano-e3818ce6ba80e3819fe38199e381a8e6b08fe3818ce4b8bbe5bcb5e38199e3828be3808c4e381a4e381aee6a78be980a0e8a681e4bbb6e3808d-3\">Cardano \u304c\u6e80\u305f\u3059\u3068\u6c0f\u304c\u4e3b\u5f35\u3059\u308b\u300c4\u3064\u306e\u69cb\u9020\u8981\u4ef6\u300d<\/a><ul><li><a href=\"#e291a0-e58886e695a3e58c96e381aee382a8e383b3e382b8e383b3efbc9aouroboros-4\">\u2460 \u5206\u6563\u5316\u306e\u30a8\u30f3\u30b8\u30f3\uff1aOuroboros<\/a><\/li><li><a href=\"#e291a1-e6ada3e38197e38184e4bc9ae8a888e383a2e38387e383abefbc9aeutxo-e381a8e3808ce38381e383a3e3838de383abe5908ce59e8be680a7e3808d-5\">\u2461 \u6b63\u3057\u3044\u4f1a\u8a08\u30e2\u30c7\u30eb\uff1aeUTXO \u3068\u300c\u30c1\u30e3\u30cd\u30eb\u540c\u578b\u6027\u300d<\/a><\/li><li><a href=\"#e291a2-e4b8bbe8a681e6a99fe883bde381aee383a2e382b8e383a5e383bce383abe680a7efbc9ae38391e383bce38388e3838ae383bce38381e382a7e383bce383b3-6\">\u2462 \u4e3b\u8981\u6a5f\u80fd\u306e\u30e2\u30b8\u30e5\u30fc\u30eb\u6027\uff1a\u30d1\u30fc\u30c8\u30ca\u30fc\u30c1\u30a7\u30fc\u30f3<\/a><\/li><li><a href=\"#e291a3-e382ace38390e3838ae383b3e382b9e381a8e7b5b1e588b6e381aee58886e695a3e58c96e29480e29480e3819de38197e381a6e3808ce5ae9fe8a18ce6a99f-7\">\u2463 \u30ac\u30d0\u30ca\u30f3\u30b9\u3068\u7d71\u5236\u306e\u5206\u6563\u5316\u2500\u2500\u305d\u3057\u3066\u300c\u5b9f\u884c\u6a5f\u80fd\uff08executive function\uff09\u300d<\/a><\/li><\/ul><\/li><li><a href=\"#e3808ce4bea1e6a0bce381a7e381afe381aae38184e3808de381a8e38184e38186e4b8bbe5bcb5e38292e381a9e38186e8aaade38280e3818b-8\">\u300c\u4fa1\u683c\u3067\u306f\u306a\u3044\u300d\u3068\u3044\u3046\u4e3b\u5f35\u3092\u3069\u3046\u8aad\u3080\u304b<\/a><\/li><li><a href=\"#e383ade383bce38389e3839ee38383e38397e4b88ae381aee78fbee59ca8e59cb0efbc88e8a38fe58f96e3828aefbc89-9\">\u30ed\u30fc\u30c9\u30de\u30c3\u30d7\u4e0a\u306e\u73fe\u5728\u5730\uff08\u88cf\u53d6\u308a\uff09<\/a><\/li><li><a href=\"#e38090e585a8e69687e7bfbbe8a8b3e38091why-cardano-is-the-only-ecosystem-that-can-run-the-world-10\">\u3010\u5168\u6587\u7ffb\u8a33\u3011Why Cardano is the only Ecosystem that can run the world<\/a><ul><li><a href=\"#e5b08ee585a5e29480e29480e68385e5a0b1e79a84e381a7e38081e69599e882b2e79a84e381a7e38081e5898de59091e3818de381aae8a9b1e38292-11\">\u5c0e\u5165\u2500\u2500\u60c5\u5831\u7684\u3067\u3001\u6559\u80b2\u7684\u3067\u3001\u524d\u5411\u304d\u306a\u8a71\u3092<\/a><\/li><li><a href=\"#e38184e381bee5b882e5a0b4e3818ce698a0e38197e587bae38197e381a6e38184e3828be381aee381afe3808ce5bcb1e6b097e79bb8e5a0b4e3808de381a7e381af-12\">\u3044\u307e\u5e02\u5834\u304c\u6620\u3057\u51fa\u3057\u3066\u3044\u308b\u306e\u306f\u300c\u5f31\u6c17\u76f8\u5834\u300d\u3067\u306f\u306a\u304f\u300c\u5b9f\u5b58\u7684\u5371\u6a5f\u300d\u3060<\/a><\/li><li><a href=\"#bob-e381a8-alicee29480e29480e38182e38289e38286e3828be59586e58f96e5bc95e381aee6a0b9e381abe38182e3828be3808ce4bfa1e9a0bce3808d-13\">Bob \u3068 Alice\u2500\u2500\u3042\u3089\u3086\u308b\u5546\u53d6\u5f15\u306e\u6839\u306b\u3042\u308b\u300c\u4fe1\u983c\u300d<\/a><\/li><li><a href=\"#e38396e383ade38383e382afe38381e382a7e383bce383b3e794a3e6a5ade381afe3808ce382b0e383ade383bce38390e383abe58c96e3808de3818be38289e7949f-14\">\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u7523\u696d\u306f\u300c\u30b0\u30ed\u30fc\u30d0\u30eb\u5316\u300d\u304b\u3089\u751f\u307e\u308c\u305f<\/a><\/li><li><a href=\"#e7ad94e38188e381afe3808ce69a97e58fb7e8b387e794a3e3808de381a7e38282e3808ce38396e383ade38383e382afe38381e382a7e383bce383b3e3808de381a7-15\">\u7b54\u3048\u306f\u300c\u6697\u53f7\u8cc7\u7523\u300d\u3067\u3082\u300c\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u300d\u3067\u3082\u306a\u3044\u2500\u2500\u6838\u5fc3\u306f\u300c\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u300d<\/a><\/li><li><a href=\"#e68a95e7a5a8e381aee4be8be381a7e79086e8a7a3e38199e3828b-16\">\u6295\u7968\u306e\u4f8b\u3067\u7406\u89e3\u3059\u308b<\/a><\/li><li><a href=\"#e38396e383ade38383e382afe38381e382a7e383bce383b3e381afe3808ce8a8bce6988ee38292e585a5e3828ce381a6e3818ae3818fe5aeb9e3828ce789a9e3808d-17\">\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u306f\u300c\u8a3c\u660e\u3092\u5165\u308c\u3066\u304a\u304f\u5bb9\u308c\u7269\u300d<\/a><\/li><li><a href=\"#e381a7e381afe38081e69a97e58fb7e8b387e794a3efbc88e38388e383bce382afe383b3efbc89e381afe381a9e38193e381a7e799bbe5a0b4e38199e3828be381ae-18\">\u3067\u306f\u3001\u6697\u53f7\u8cc7\u7523\uff08\u30c8\u30fc\u30af\u30f3\uff09\u306f\u3069\u3053\u3067\u767b\u5834\u3059\u308b\u306e\u304b<\/a><\/li><li><a href=\"#e69ca8e38292e8a68be381a6e6a3aee38292e8a68be3819ae29480e29480e6acb2e38197e38184e381aee381afe3808ce382a4e383b3e38395e383a9e3808de381a7-19\">\u6728\u3092\u898b\u3066\u68ee\u3092\u898b\u305a\u2500\u2500\u6b32\u3057\u3044\u306e\u306f\u300c\u30a4\u30f3\u30d5\u30e9\u300d\u3067\u306f\u306a\u304f\u300c\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u300d<\/a><\/li><li><a href=\"#e3808ce382a8e382b3e382b7e382b9e38386e383a0e3808de381aee5ae9ae7bea9-20\">\u300c\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u300d\u306e\u5b9a\u7fa9<\/a><\/li><li><a href=\"#e589b5e799bae79a84e381aae68cafe3828be8889ee38184e29480e29480e887aae5b7b1e6b2bbe79992e383bbe887aae5b7b1e69c80e981a9e58c96e383bbe887aa-21\">\u5275\u767a\u7684\u306a\u632f\u308b\u821e\u3044\u2500\u2500\u81ea\u5df1\u6cbb\u7652\u30fb\u81ea\u5df1\u6700\u9069\u5316\u30fb\u81ea\u5df1\u65b9\u5411\u3065\u3051<\/a><\/li><li><a href=\"#e381aae3819c-cardano-e381a0e38191e381aae381aee3818be29480e29480e291a0e58886e695a3e58c96e381aee382a8e383b3e382b8e383b3e3808couroborose3808d-22\">\u306a\u305c Cardano \u3060\u3051\u306a\u306e\u304b\u2500\u2500\u2460\u5206\u6563\u5316\u306e\u30a8\u30f3\u30b8\u30f3\u300cOuroboros\u300d<\/a><\/li><li><a href=\"#e291a1e6ada3e38197e38184e4bc9ae8a888e383a2e38387e383abe29480e29480eutxo-e381a8e3808ce38381e383a3e3838de383abe5908ce59e8be680a7e3808d-23\">\u2461\u6b63\u3057\u3044\u4f1a\u8a08\u30e2\u30c7\u30eb\u2500\u2500eUTXO \u3068\u300c\u30c1\u30e3\u30cd\u30eb\u540c\u578b\u6027\u300d<\/a><\/li><li><a href=\"#e291a2e4b8bbe8a681e6a99fe883bde381aee383a2e382b8e383a5e383bce383abe680a7e29480e29480e3808ce38391e383bce38388e3838ae383bce38381e382a7-24\">\u2462\u4e3b\u8981\u6a5f\u80fd\u306e\u30e2\u30b8\u30e5\u30fc\u30eb\u6027\u2500\u2500\u300c\u30d1\u30fc\u30c8\u30ca\u30fc\u30c1\u30a7\u30fc\u30f3\u300d<\/a><\/li><li><a href=\"#e291a3e382ace38390e3838ae383b3e382b9e381a8e7b5b1e588b6e381aee58886e695a3e58c96e29480e29480e3819de38197e381a6e3808ce789b9e58c96efbc88-25\">\u2463\u30ac\u30d0\u30ca\u30f3\u30b9\u3068\u7d71\u5236\u306e\u5206\u6563\u5316\u2500\u2500\u305d\u3057\u3066\u300c\u7279\u5316\uff08\u5b9f\u884c\u6a5f\u80fd\uff09\u300d\u3068\u3044\u3046\u6b21\u306e\u6bb5\u968e<\/a><\/li><li><a href=\"#e4bfa1e9a0bce382a4e383b3e38395e383a9e381aee4bea1e580a4e29480e29480e5b9b4e996933000e58484e38389e383abe38081e3819de38197e381a6e695b0-26\">\u4fe1\u983c\u30a4\u30f3\u30d5\u30e9\u306e\u4fa1\u5024\u2500\u2500\u5e74\u95933,000\u5104\u30c9\u30eb\u3001\u305d\u3057\u3066\u6570\u5146\u30c9\u30eb\u3078<\/a><\/li><li><a href=\"#cardano-e381abe59f8be38281e8bebce381bee3828ce3819fe38081e58588e8a68be79a84e381aae8a8ade8a888-27\">Cardano \u306b\u57cb\u3081\u8fbc\u307e\u308c\u305f\u3001\u5148\u898b\u7684\u306a\u8a2d\u8a08<\/a><\/li><li><a href=\"#e7a781e3819fe381a1e3818ce8b2a0e38191e3819fe381aee381afe3808ce3838ae383a9e38386e382a3e38396e688a6e4ba89e3808de381a0e381a3e3819f-28\">\u79c1\u305f\u3061\u304c\u8ca0\u3051\u305f\u306e\u306f\u300c\u30ca\u30e9\u30c6\u30a3\u30d6\u6226\u4e89\u300d\u3060\u3063\u305f<\/a><\/li><li><a href=\"#e4babae9a19ee381afe5b9b8e3819be3818be29480e29480e4bfa1e9a0bce381aee5b4a9e5a38a-29\">\u4eba\u985e\u306f\u5e78\u305b\u304b\u2500\u2500\u4fe1\u983c\u306e\u5d29\u58ca<\/a><\/li><li><a href=\"#ai-e3818ce4bfa1e9a0bce381aee59fbae79ba4e38292e38195e38289e381abe5a38ae38199-30\">AI \u304c\u4fe1\u983c\u306e\u57fa\u76e4\u3092\u3055\u3089\u306b\u58ca\u3059<\/a><\/li><li><a href=\"#e38193e381aee5958fe9a18ce38292e8a7a3e38191e381b0e38081e7949fe381bee3828ce3828be381aee381afe3808ce4b896e7958ce5b9b3e5928ce3808d-31\">\u3053\u306e\u554f\u984c\u3092\u89e3\u3051\u3070\u3001\u751f\u307e\u308c\u308b\u306e\u306f\u300c\u4e16\u754c\u5e73\u548c\u300d<\/a><\/li><li><a href=\"#e7a781e3819fe381a1e38292e5bc95e3818de8a382e38184e3819fe4b889e381a4e381aee587bae69da5e4ba8b-32\">\u79c1\u305f\u3061\u3092\u5f15\u304d\u88c2\u3044\u305f\u4e09\u3064\u306e\u51fa\u6765\u4e8b<\/a><\/li><li><a href=\"#e8a7a3e6b1bae7ad96e381afe38081e6a0b9e69cace58e9fe59ba0e381abe59091e3818de59088e38186e38193e381a8-33\">\u89e3\u6c7a\u7b56\u306f\u3001\u6839\u672c\u539f\u56e0\u306b\u5411\u304d\u5408\u3046\u3053\u3068<\/a><\/li><li><a href=\"#e68890e995b7e7979be381a8e887aae5b7b1e6b2bbe79992e29480e29480e3808ce589b5e8a8ade88085e381b8e381aee4bfa1e9a0bce38292e5a4b1e38186e3808d-34\">\u6210\u9577\u75db\u3068\u81ea\u5df1\u6cbb\u7652\u2500\u2500\u300c\u5275\u8a2d\u8005\u3078\u306e\u4fe1\u983c\u3092\u5931\u3046\u300d\u3053\u3068\u306e\u610f\u5473<\/a><\/li><li><a href=\"#e5958fe38184e29480e29480e3808ce4b896e7958ce5b9b3e5928ce3808de3818be38081e3808ce98a80e8a18ce58fa3e5baa7e381abe38282e38186100e4b887-35\">\u554f\u3044\u2500\u2500\u300c\u4e16\u754c\u5e73\u548c\u300d\u304b\u3001\u300c\u9280\u884c\u53e3\u5ea7\u306b\u3082\u3046100\u4e07\u30c9\u30eb\u300d\u304b<\/a><\/li><li><a href=\"#5e5b9b4e3818b10e5b9b4e3818be29480e29480e3819de38197e381a6e887aae5b7b1e58f8de79c81-36\">5\u5e74\u304b10\u5e74\u304b\u2500\u2500\u305d\u3057\u3066\u81ea\u5df1\u53cd\u7701<\/a><\/li><li><a href=\"#e7abb6e59088e381a8e381aee98195e38184e29480e29480e7a781e3819fe381a1e381afe3808ce588a5e381aee382b2e383bce383a0e3808de38292e38197e381a6-37\">\u7af6\u5408\u3068\u306e\u9055\u3044\u2500\u2500\u79c1\u305f\u3061\u306f\u300c\u5225\u306e\u30b2\u30fc\u30e0\u300d\u3092\u3057\u3066\u3044\u308b<\/a><\/li><li><a href=\"#e7b590e8aa9ee29480e29480e382b7e383a3e38399e383abe38292e68c81e381a3e381a6e38081e4bb95e4ba8be381abe688bbe3828de38186-38\">\u7d50\u8a9e\u2500\u2500\u30b7\u30e3\u30d9\u30eb\u3092\u6301\u3063\u3066\u3001\u4ed5\u4e8b\u306b\u623b\u308d\u3046<\/a><\/li><\/ul><\/li><li><a href=\"#e7bfbbe8a8b3e3838ee383bce38388efbc88e794a8e8aa9ee383bbe59bbae69c89e5908de8a99ee383bbe5ad97e5b995e8a39ce6ada3e383bbe4ba8be5ae9fe381ae-39\">\u7ffb\u8a33\u30ce\u30fc\u30c8\uff08\u7528\u8a9e\u30fb\u56fa\u6709\u540d\u8a5e\u30fb\u5b57\u5e55\u88dc\u6b63\u30fb\u4e8b\u5b9f\u306e\u533a\u5225\uff09<\/a><\/li><li><a href=\"#e58b95e794bbe381a8e996a2e980a3e382bde383bce382b9-40\">\u52d5\u753b\u3068\u95a2\u9023\u30bd\u30fc\u30b9<\/a><\/li><\/ul><\/div><h2 class=\"wp-block-heading deb-core-block deb-block-1e7040f\" id=\"e381aae3819ce3808ce5bcb1e6b097e79bb8e5a0b4e3808de381a7e381afe381aae3818fe3808ce5ae9fe5ad98e79a84e58db1e6a99fe3808de381aae381aee3818b-1\">\u306a\u305c\u300c\u5f31\u6c17\u76f8\u5834\u300d\u3067\u306f\u306a\u304f\u300c\u5b9f\u5b58\u7684\u5371\u6a5f\u300d\u306a\u306e\u304b\u2500\u2500\u554f\u3044\u306e\u7acb\u3066\u65b9<\/h2>\n\n\n\n<p class=\"deb-core-block deb-block-cc43b47\">\u6c0f\u306e\u8b70\u8ad6\u306f\u3001\u4fa1\u683c\u30c1\u30e3\u30fc\u30c8\u304b\u3089\u3067\u306f\u306a\u304f\u300c\u4fe1\u983c\u306e\u30b3\u30b9\u30c8\u300d\u304b\u3089\u59cb\u307e\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-13ecdae\">Bob \u3068 Alice \u304c\u53d6\u5f15\u3092\u3059\u308b\u306b\u306f\u3001\u6700\u5c0f\u9650\u306e\u300c\u4fe1\u983c\u300d\u304c\u8981\u308a\u307e\u3059\u3002\u76f8\u624b\u306e\u901a\u8ca8\u3078\u306e\u4fe1\u983c\u3001\u76f8\u624b\u306e\u4e3b\u5f35\u30fb\u5951\u7d04\u3078\u306e\u4fe1\u983c\u3002\u73fe\u4ee3\u7d4c\u6e08\u3067\u306f\u3001\u3053\u306e\u4fe1\u983c\u3092\u4e16\u754c\u898f\u6a21\u3067\u6210\u7acb\u3055\u305b\u308b\u305f\u3081\u306b\u3001\u4fdd\u967a\u30fb\u76e3\u67fb\u30fb\u6cd5\u30fb\u6cd5\u57f7\u884c\u30fb\u5404\u7a2e\u5236\u5ea6\u30fb\u7b2c\u4e09\u8005\u6a5f\u95a2\u3068\u3044\u3063\u305f\u81a8\u5927\u306a\u4ed5\u7d44\u307f\u304c\u52d5\u3044\u3066\u304a\u308a\u3001\u898f\u5236\u306e\u52b9\u3044\u305f\u91d1\u878d\u5e02\u5834\u3060\u3051\u3067\u3082\u305d\u306e\u30b3\u30b9\u30c8\u306f\u6570\u5343\u5104\u30c9\u30eb\u898f\u6a21\u306b\u9054\u3059\u308b\u3001\u3068\u6c0f\u306f\u8a00\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-6467787\">\u3053\u3053\u3067\u6c0f\u304c\u5f37\u8abf\u3059\u308b\u306e\u306f\u300c\u771f\u3093\u4e2d\uff08the middle\uff09\u300d\u306e\u5371\u3046\u3055\u3067\u3059\u3002\u53d6\u5f15\u306e\u5f53\u4e8b\u8005\u3067\u3042\u308b Bob \u3068 Alice \u306f\u898b\u3048\u3066\u3082\u3001\u305d\u306e\u9593\u306b\u4ecb\u5728\u3059\u308b\u6570\u5341\u3082\u306e\u7b2c\u4e09\u8005\u306f\u898b\u3048\u306b\u304f\u3044\u3002\u3057\u304b\u3057\u3001\u305d\u306e\u3046\u3061\u8ab0\u304b\u4e00\u4eba\u304c\u5618\u3092\u3064\u3051\u3070\u3001\u5f53\u4e8b\u8005\u304c\u3069\u308c\u3060\u3051\u6b63\u76f4\u3067\u3082\u53d6\u5f15\u306f\u5d29\u308c\u308b\u3002\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u7523\u696d\u306f\u771f\u7a7a\u304b\u3089\u3067\u306f\u306a\u304f\u300c\u30b0\u30ed\u30fc\u30d0\u30eb\u5316\u300d\u2014\u2014\u5206\u65ad\u3055\u308c\u305f\u30d0\u30b1\u30c4\u304c\u4e00\u3064\u306e\u5927\u304d\u306a\u30d0\u30b1\u30c4\u306b\u7d71\u5408\u3055\u308c\u3001\u6469\u64e6\u3068\u4e0d\u4fe1\u304c\u5897\u3057\u305f\u4e16\u754c\u2014\u2014\u304b\u3089\u751f\u307e\u308c\u305f\u3001\u3068\u3044\u3046\u306e\u304c\u6c0f\u306e\u6b74\u53f2\u89b3\u3067\u3059\u3002\u3060\u304b\u3089\u696d\u754c\u5168\u4f53\u306e\u30b4\u30fc\u30eb\u306f\u3001\u3053\u306e\u7b2c\u4e09\u8005\u7fa4\u3092\u4e16\u754c\u898f\u6a21\u3067\u7e2e\u5c0f\u30fb\u9664\u53bb\u3059\u308b\u3053\u3068\u306b\u3042\u308b\u3001\u3068\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-2d72539\">\u300c\u6697\u53f7\u8cc7\u7523\u306f\u6b7b\u3093\u3060\u306e\u304b?\u300d\u3068\u3044\u3046\u554f\u3044\u3092\u3001\u6c0f\u306f\u300c\u3067\u306f\u3001\u6697\u53f7\u8cc7\u7523\u306f\u672c\u6765\u3069\u3093\u306a\u554f\u984c\u3092\u89e3\u304f\u306f\u305a\u3060\u3063\u305f\u306e\u304b?\u300d\u3078\u3068\u7acb\u3066\u76f4\u3057\u307e\u3059\u3002\u3053\u306e\u554f\u3044\u306e\u7acb\u3066\u65b9\u3053\u305d\u304c\u3001\u914d\u4fe1\u5168\u4f53\u306e\u9aa8\u683c\u3067\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading deb-core-block deb-block-34de67d\" id=\"e6a0b8e5bf83e6a682e5bfb5e29480e29480e3808ce6a49ce8a8bce58fafe883bde381aae5868de5b8b0e680a7efbc88verifiable-reflexivityefbc89e3808de381a8-2\">\u6838\u5fc3\u6982\u5ff5\u2500\u2500\u300c\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\uff08verifiable reflexivity\uff09\u300d\u3068\u306f\u4f55\u304b<\/h2>\n\n\n\n<p class=\"deb-core-block deb-block-2023d67\">\u6c0f\u306f\u3001\u3088\u304f\u3042\u308b\u4e8c\u3064\u306e\u8aa4\u89e3\u3092\u4e00\u5ea6\u306b\u9000\u3051\u307e\u3059\u3002\u300c\u7b54\u3048\u306f\u6697\u53f7\u8cc7\u7523\u3060\u300d\u2014\u2014\u3044\u3044\u3048\u3001\u6697\u53f7\u8cc7\u7523\u306f\u91cd\u8981\u3060\u304c\u89e3\u305d\u306e\u3082\u306e\u3067\u306f\u306a\u3044\u3002\u300c\u7b54\u3048\u306f\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u3060\u300d\u2014\u2014\u3044\u3044\u3048\u3001\u305d\u308c\u3082\u91cd\u8981\u3060\u304c\u89e3\u3067\u306f\u306a\u3044\u3002\u3067\u306f\u4f55\u304b\u3002\u6c0f\u306e\u7b54\u3048\u304c\u300c\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u300d\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-f84e902\">\u5b9a\u7fa9\u306f\u30b7\u30f3\u30d7\u30eb\u3067\u3059\u3002\u300c\u3042\u308b\u3082\u306e\u304c\u3001\u305d\u308c\u81ea\u8eab\u306e\u6b63\u3057\u3055\u306e\u8a3c\u660e\u3092\u3001\u81ea\u3089\u306e\u5185\u306b\u643a\u3048\u3066\u3044\u308b\u300d\u3053\u3068\u3002\u6c0f\u306f\u6295\u7968\u3092\u4f8b\u306b\u6319\u3052\u307e\u3059\u3002\u901a\u5e38\u3001\u6295\u7968\u7528\u7d19\u306f\u300c\u4fe1\u983c\u3055\u308c\u305f\u7b2c\u4e09\u8005\uff08TTP\uff09\u300d\u304c\u898b\u3066\u6b63\u5f53\u6027\u3092\u5224\u65ad\u3057\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u3082\u3057\u6295\u7968\u7528\u7d19\u305d\u308c\u81ea\u4f53\u306b\u300c\u3053\u306e\u7968\u306f\u6b63\u3057\u304f\u3001\u6295\u7968\u8005\u306f\u6b63\u5f53\u3060\u300d\u3068\u3044\u3046\u8a3c\u660e\u304c\u6dfb\u4ed8\u3055\u308c\u3066\u3044\u3066\u3001\u7b2c\u4e09\u8005\u3067\u306a\u304f\u3068\u3082\u89b3\u5bdf\u8005\u306e\u8ab0\u3082\u304c\u305d\u308c\u3092\u691c\u8a3c\u3067\u304d\u308b\u306a\u3089\u2014\u2014\u3082\u306f\u3084\u4fe1\u983c\u3055\u308c\u305f\u7b2c\u4e09\u8005\u306f\u8981\u308a\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-286c1b6\">\u3053\u306e\u6574\u7406\u306b\u7acb\u3064\u3068\u3001\u5404\u8981\u7d20\u306e\u5f79\u5272\u304c\u304d\u308c\u3044\u306b\u5206\u304b\u308c\u307e\u3059\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-core-block deb-block-9223205\">\n<li class=\"deb-core-block\"><strong>\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3<\/strong>\uff1d\u691c\u8a3c\u53ef\u80fd\u3067\u518d\u5e30\u7684\u306a\u53d6\u5f15\u3092\u5165\u308c\u3066\u304a\u304f\u300c\u5bb9\u308c\u7269\u300d\u3002\u30b0\u30ed\u30fc\u30d0\u30eb\u3067\u3001\u900f\u660e\u3067\u3001\u76e3\u67fb\u53ef\u80fd\u3067\u3001\u4e0d\u5909\u3060\u304b\u3089\u3001\u4fdd\u7ba1\u306b\u5411\u304f\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>\u6697\u53f7\u8cc7\u7523\uff08\u30c8\u30fc\u30af\u30f3\uff09<\/strong>\uff1d\u5206\u6563\u5316\u3055\u308c\u305f\u30a4\u30f3\u30d5\u30e9\u306e\u7dad\u6301\u306b\u5bfe\u4fa1\u3092\u6255\u3046\u305f\u3081\u306e\u300c\u71c3\u6599\u30fb\u9053\u5177\u300d\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>\u30b9\u30de\u30fc\u30c8\u30b3\u30f3\u30c8\u30e9\u30af\u30c8\uff0b\u30bc\u30ed\u77e5\u8b58\u8a3c\u660e\uff0b\u518d\u5e30<\/strong>\uff1d\u300c\u8a3c\u660e\u3092\u57cb\u3081\u8fbc\u3080\u300d\u305f\u3081\u306e\u751f\u306e\u8a00\u8a9e\u3002\u3053\u308c\u304c\u63c3\u3063\u3066\u521d\u3081\u3066\u3001\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u304c\u6210\u7acb\u3059\u308b\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-core-block deb-block-2ada4f3\">\u6c0f\u304c\u300c\u6728\u3092\u898b\u3066\u68ee\u3092\u898b\u308b\u306a\u300d\u3068\u8a00\u3046\u306e\u306f\u3053\u3053\u3067\u3059\u3002\u79c1\u305f\u3061\u304c\u672c\u5f53\u306b\u6b32\u3057\u3044\u306e\u306f\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u3067\u3082\u6697\u53f7\u8cc7\u7523\u3067\u3082\u306a\u304f\u3001\u305d\u308c\u3089\u3092\u90e8\u54c1\u3068\u3057\u3066\u52d5\u304f\u300c\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u300d\u3060\u3001\u3068\u3002\u6c0f\u306f\u53cb\u4eba Adam \u306e\u5b9a\u7fa9\u3092\u5f15\u304d\u307e\u3059\u3002\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u3068\u306f\u300c\u76f8\u4e92\u4f9d\u5b58\u3059\u308b\u30a2\u30af\u30bf\u30fc\u304b\u3089\u306a\u308b\u52d5\u7684\u306a\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u3067\u3001\u74b0\u5883\u3068\u3068\u3082\u306b\u5171\u9032\u5316\u3057\u3001\u5275\u767a\u7684\u306a\u632f\u308b\u821e\u3044\u3068\u5206\u6563\u7684\u306a\u4e3b\u4f53\u6027\u306b\u3088\u3063\u3066\u7279\u5fb4\u3065\u3051\u3089\u308c\u308b\u3082\u306e\u300d\u3002\u305d\u3057\u3066\u5065\u5168\u306a\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306f\u5c11\u306a\u304f\u3068\u3082\u3001<strong>\u81ea\u5df1\u6cbb\u7652<\/strong>\uff08\u58ca\u308c\u3066\u3082\u56de\u5fa9\u3059\u308b\uff09\u30fb<strong>\u81ea\u5df1\u6700\u9069\u5316<\/strong>\uff08\u30b3\u30b9\u30c8\u304c\u4e0b\u304c\u308a\u4fa1\u5024\u304c\u4e0a\u304c\u308b\uff09\u30fb<strong>\u81ea\u5df1\u65b9\u5411\u3065\u3051<\/strong>\uff08\u30b4\u30fc\u30eb\u2192\u6226\u7565\u2192KPI\u2192\u9054\u6210\uff09\u306e\u4e09\u3064\u3092\u5099\u3048\u308b\u2014\u2014\u6c0f\u306f\u3053\u308c\u3092\u751f\u7269\u306e\u300c\u8907\u96d1\u9069\u5fdc\u7cfb\u300d\u306b\u306a\u305e\u3089\u3048\u307e\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading deb-core-block deb-block-960beed\" id=\"cardano-e3818ce6ba80e3819fe38199e381a8e6b08fe3818ce4b8bbe5bcb5e38199e3828be3808c4e381a4e381aee6a78be980a0e8a681e4bbb6e3808d-3\">Cardano \u304c\u6e80\u305f\u3059\u3068\u6c0f\u304c\u4e3b\u5f35\u3059\u308b\u300c4\u3064\u306e\u69cb\u9020\u8981\u4ef6\u300d<\/h2>\n\n\n\n<p class=\"deb-core-block deb-block-cd1757f\">\u914d\u4fe1\u306e\u4e2d\u6838\u306f\u3001\u300c\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u3068\u3057\u3066\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u3092\u6700\u5927\u5316\u3059\u308b\u306b\u306f4\u3064\u306e\u69cb\u9020\u8981\u4ef6\u304c\u8981\u308a\u3001\u305d\u308c\u3092\u3059\u3079\u3066\u5099\u3048\u308b\u6697\u53f7\u8cc7\u7523\u306f\u3044\u307e Cardano \u3060\u3051\u3060\u300d\u3068\u3044\u3046\u4e3b\u5f35\u3067\u3059\u3002\u4ee5\u4e0b\u30014\u8981\u4ef6\u3092\u9806\u306b\u6574\u7406\u3057\u3001\u305d\u308c\u305e\u308c\u691c\u8a3c\u53ef\u80fd\u306a\u4e8b\u5b9f\u3067\u88cf\u53d6\u308a\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-bcf41ca\" id=\"e291a0-e58886e695a3e58c96e381aee382a8e383b3e382b8e383b3efbc9aouroboros-4\">\u2460 \u5206\u6563\u5316\u306e\u30a8\u30f3\u30b8\u30f3\uff1aOuroboros<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-ef8d6aa\">\u306a\u305c\u5206\u6563\u5316\u304c\u8981\u4ef6\u306a\u306e\u304b\u3002\u6c0f\u306e\u8ad6\u7406\u306f\u3053\u3046\u3067\u3059\u3002\u5206\u6563\u5316\u304c\u5d29\u308c\u308b\u3068\u3001\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u306f\u5c11\u6570\u306e\u652f\u914d\u8005\u306b\u53ce\u675f\u3057\u3001\u300c\u5206\u6563\u7684\u306a\u4e3b\u4f53\u6027\u300d\u304c\u5931\u308f\u308c\u308b\u3002\u3059\u308b\u3068\u3001\u305b\u3063\u304b\u304f\u6392\u9664\u3057\u305f\u306f\u305a\u306e\u4fe1\u983c\u3055\u308c\u305f\u7b2c\u4e09\u8005\u3092\u3001\u81ea\u5206\u306e\u30b7\u30b9\u30c6\u30e0\u3092\u52d5\u304b\u3059\u305f\u3081\u306b\u518d\u3073\u62db\u304d\u5165\u308c\u308b\u3053\u3068\u306b\u306a\u308b\u2014\u2014\u672c\u672b\u8ee2\u5012\u3060\u3001\u3068\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-4c9870a\">\u305d\u306e\u5206\u6563\u5316\u306e\u30a8\u30f3\u30b8\u30f3\u304c Ouroboros \u3067\u3059\u3002\u6c0f\u304c\u7279\u7b46\u3059\u308b\u306e\u306f\u300c\u30b9\u30b1\u30fc\u30eb\u3059\u308b\u307b\u3069\u5206\u6563\u5316\u304c\u4e0b\u304c\u308b\u306e\u3067\u306f\u306a\u304f\u4e0a\u304c\u308a\u3001\u3057\u304b\u3082\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u6c34\u6e96\u3092\u4fdd\u3063\u305f\u307e\u307e\u9ad8\u901f\u30d5\u30a1\u30a4\u30ca\u30ea\u30c6\u30a3\u3068\uff08\u5b9f\u8cea\uff09\u7121\u9650\u306e\u30b9\u30b1\u30fc\u30e9\u30d3\u30ea\u30c6\u30a3\u306b\u8fd1\u3065\u304f\u300d\u3068\u3044\u3046\u6027\u8cea\u3002\u591a\u304f\u306e\u7af6\u5408\u306f\u4f4e\u30b3\u30b9\u30c8\u30fb\u9ad8\u6027\u80fd\u306b\u6700\u9069\u5316\u3059\u308b\u4ee3\u308f\u308a\u306b\u5206\u6563\u5316\u3067\u5f8c\u9000\u3057\u305f\u3001\u3068\u6c0f\u306f\u898b\u307e\u3059\u3002\u305d\u306e\u5bfe\u6975\u3068\u3057\u3066\u6319\u3052\u308b\u306e\u304c\u3001\u8a31\u53ef\u5236\u3067\u904b\u7528\u8005\u3092 KYB \u3057\u3001\u53d6\u5f15\u3092 KYC\/AML\/OFAC \u3067\u30d5\u30a3\u30eb\u30bf\u3057\u3066\u304b\u3089\u6c7a\u6e08\u3059\u308b\u300cWeb2.5\uff0f\u30b3\u30f3\u30bd\u30fc\u30b7\u30a2\u30e0\u578b\u30c1\u30a7\u30fc\u30f3\u300d\uff08Canton \u7b49\uff09\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-3c4626f\"><strong>\u3010\u88cf\u53d6\u308a\u3011<\/strong>Ouroboros \u306e\u30b9\u30b1\u30fc\u30ea\u30f3\u30b0\u306f\u3001\u3044\u307e\u73fe\u5b9f\u306e\u5de5\u7a0b\u306b\u4e57\u3063\u3066\u3044\u307e\u3059\u3002\u30b9\u30eb\u30fc\u30d7\u30c3\u30c8\u62e1\u5f35\u30d7\u30ed\u30c8\u30b3\u30eb Ouroboros Leios \u306e\u30c6\u30b9\u30c8\u30cd\u30c3\u30c8\u306f2026\u5e746\u670823\u65e5\u306b\u30ed\u30fc\u30f3\u30c1\u4e88\u5b9a\u3067\u3001\u3053\u308c\u306f\u6c0f\u81ea\u8eab\u304c\u78ba\u8a8d\u3057\u3066\u3044\u307e\u3059\u3002Leios \u63d0\u6848\u306f DReps \u306e\u7d0484%\u306e\u8cdb\u6210\u3067\u53ef\u6c7a\u3055\u308c\u3001\u7d042,770\u4e07\u30c9\u30eb\u76f8\u5f53\u306e\u8cc7\u91d1\u304c\u89e3\u653e\u3055\u308c\u307e\u3057\u305f\u3002\u8a2d\u8a08\u76ee\u6a19\u306f\u30b9\u30eb\u30fc\u30d7\u30c3\u30c8\u3092\u73fe\u884c\u306e10\u301c65\u500d\u306b\u5f15\u304d\u4e0a\u3052\u30011,000 TPS \u8d85\u3092\u8996\u91ce\u306b\u5165\u308c\u308b\u3053\u3068\u3002\u30e1\u30a4\u30f3\u30cd\u30c3\u30c8\u6295\u5165\u306f\u5e74\u5185\u304c\u76ee\u6a19\u3068\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u6c0f\u304c\u300c\u307b\u307c\u5b8c\u6210\u3001\u5e74\u672b\u306b\u5b8c\u5168\u306b\u4ed5\u4e0a\u304c\u308b\u300d\u3068\u8ff0\u3079\u305f\u6839\u62e0\u306f\u3001\u3053\u306e\u5de5\u7a0b\u3067\u3059\uff08\u305f\u3060\u3057\u73fe\u6642\u70b9\u3067\u306f\u30c6\u30b9\u30c8\u30cd\u30c3\u30c8\u6bb5\u968e\u3067\u3042\u308a\u3001\u30e1\u30a4\u30f3\u30cd\u30c3\u30c8\u6210\u719f\u306f\u3053\u308c\u304b\u3089\u3067\u3042\u308b\u70b9\u3082\u4f75\u8a18\u3057\u307e\u3059\uff09\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-3c311e9\" id=\"e291a1-e6ada3e38197e38184e4bc9ae8a888e383a2e38387e383abefbc9aeutxo-e381a8e3808ce38381e383a3e3838de383abe5908ce59e8be680a7e3808d-5\">\u2461 \u6b63\u3057\u3044\u4f1a\u8a08\u30e2\u30c7\u30eb\uff1aeUTXO \u3068\u300c\u30c1\u30e3\u30cd\u30eb\u540c\u578b\u6027\u300d<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-356a23c\">\u7b2c\u4e8c\u306e\u8981\u4ef6\u306f\u4f1a\u8a08\u30e2\u30c7\u30eb\u3067\u3059\u3002\u6c0f\u306f\u300cSatoshi \u306f UTXO \u3067\u60dc\u3057\u3044\u3068\u3053\u308d\u307e\u3067\u89e3\u3044\u305f\u304c\u3001\u89e3\u304d\u5207\u3089\u306a\u304b\u3063\u305f\u300d\u3068\u8a00\u3044\u307e\u3059\u3002UTXO \u306b\u306f\u300c\u30ed\u30fc\u30ab\u30eb\uff1d\u30b0\u30ed\u30fc\u30d0\u30eb\u300d\u2014\u2014\u624b\u5143\u306e\u8a08\u7b97\u7d50\u679c\u3068\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u306e\u72b6\u614b\u304c\u4e00\u81f4\u3059\u308b\u6c7a\u5b9a\u8ad6\u2014\u2014\u3068\u3044\u3046\u5f37\u529b\u306a\u6027\u8cea\u304c\u3042\u308b\u3002\u3060\u304c\u3001\u6027\u80fd\u6700\u9069\u5316\u3092\u512a\u5148\u3057\u305f Ethereum \u306a\u3069\u306f\u3053\u308c\u3092\u6301\u305f\u305a\u3001\u30ed\u30fc\u30ab\u30eb\u3068\u30b0\u30ed\u30fc\u30d0\u30eb\u306b\u5dee\u304c\u51fa\u308c\u3070\u3001\u305d\u306e\u5dee\u3092\u57cb\u3081\u308b\u305f\u3081\u306b\u4fe1\u983c\u3055\u308c\u305f\u7b2c\u4e09\u8005\u304c\u8981\u308b\u3002\u30b4\u30fc\u30eb\u304c\u7b2c\u4e09\u8005\u306e\u9664\u53bb\u3067\u3042\u308b\u4ee5\u4e0a\u3001\u3053\u308c\u306f\u907f\u3051\u305f\u3044\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-f3c9ddb\">\u305d\u3053\u3067 Cardano \u306f UTXO \u306b\u4e8c\u3064\u3092\u8db3\u3057\u307e\u3057\u305f\u3002\u4e00\u3064\u306f\u982d\u306e\u300cE\u300d\u3001\u3059\u306a\u308f\u3061\u62e1\u5f35 UTXO\uff08eUTXO\uff09\u306b\u3088\u308b\u30d7\u30ed\u30b0\u30e9\u30de\u30d3\u30ea\u30c6\u30a3\u3002\u3082\u3046\u4e00\u3064\u304c\u300c\u30c1\u30e3\u30cd\u30eb\u540c\u578b\u6027\uff08channel isomorphism\uff09\u300d\u2014\u2014\u30aa\u30d5\u30c1\u30a7\u30fc\u30f3\u306e\u5225\u30c9\u30e1\u30a4\u30f3\u3067\u51e6\u7406\u3092\u884c\u3044\u3001Cardano \u306b\u623b\u3057\u305f\u3068\u304d\u300c\u3042\u305f\u304b\u3082 Cardano \u4e0a\u3067\u3084\u3063\u305f\u304b\u306e\u3088\u3046\u306b\u300d\u540c\u3058\u4fdd\u8a3c\u3092\u6301\u305f\u305b\u308b\u6027\u8cea\u3067\u3059\u3002\u3053\u308c\u306b\u3088\u308a\u3001RWA \u3084\u898f\u5236\u5bfe\u5fdc\u306e\u3088\u3046\u306a\u7279\u5316\u3057\u305f\u30eb\u30fc\u30eb\u306e\u5546\u53d6\u5f15\u3092\u5916\u3067\u51e6\u7406\u3057\u3001\u7d50\u679c\u3060\u3051\u3092\u5b89\u5168\u306b\u53d6\u308a\u8fbc\u3080\u300c\u5b9f\u8cea\u7121\u9650\u306e\u30b9\u30b1\u30fc\u30eb\u300d\u304c\u53ef\u80fd\u306b\u306a\u308b\u3001\u3068\u6c0f\u306f\u8aac\u660e\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-9febfcd\"><strong>\u3010\u88cf\u53d6\u308a\u3011<\/strong>\u30c1\u30e3\u30cd\u30eb\u540c\u578b\u6027\u3092\u4f53\u73fe\u3059\u308b\u30ec\u30a4\u30e4\u30fc2\u300c\u30d8\u30c3\u30c9\u300d\u30d7\u30ed\u30c8\u30b3\u30eb Hydra \u306f\u30e1\u30a4\u30f3\u30cd\u30c3\u30c8\u3067\u7a3c\u50cd\u3057\u3066\u3044\u307e\u3059\u3002\u6c0f\u306f\u5bfe\u7167\u4f8b\u3068\u3057\u3066\u3001Ethereum \u304c\u540c\u7a2e\u306e\u767a\u60f3\u3092 Plasma \u30672018\u5e74\u4ee5\u6765\u8ffd\u3063\u305f\u304c\u89e3\u3051\u306a\u304b\u3063\u305f\u70b9\u3092\u6319\u3052\u307e\u3059\uff08\u6b63\u3057\u3044\u4f1a\u8a08\u30e2\u30c7\u30eb\u304c\u306a\u304b\u3063\u305f\u305f\u3081\u3001\u3068\u3044\u3046\u6c0f\u306e\u898b\u7acb\u3066\uff09\u3002\u3055\u3089\u306b\u6c0f\u306f\u3001\u914d\u4fe1\u7d42\u76e4\u3067 eUTXO \u304c\u300cStarstream \u306e\u3088\u3046\u306a\u4f55\u304b\u3068\u7d71\u5408\u3055\u308c\u308c\u3070\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u306b\u8fd1\u3065\u304f\u300d\u3068\u8ff0\u3079\u307e\u3057\u305f\u3002Starstream \u306f UTXO \u7cfb\u30c1\u30a7\u30fc\u30f3\u5411\u3051\u306e zkVM\uff08\u30bc\u30ed\u77e5\u8b58\u4eee\u60f3\u30de\u30b7\u30f3\uff09\u3067\u3001\u51e6\u7406\u3092\u30aa\u30d5\u30c1\u30a7\u30fc\u30f3\u3067\u5b9f\u884c\u3057\u3001\u5404\u30b9\u30c6\u30c3\u30d7\u3092\u7c21\u6f54\u306a\u6697\u53f7\u5b66\u7684\u8a3c\u660e\u306b\u5c01\u3058\u3001\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u306e\u8efd\u91cf Plutus \u30b3\u30f3\u30c8\u30e9\u30af\u30c8\u3067\u691c\u8a3c\u3059\u308b\u8a2d\u8a08\u3067\u3059\u3002\u300c\u51e6\u7406\u304c\u3001\u305d\u308c\u81ea\u8eab\u306e\u6b63\u3057\u3055\u306e\u8a3c\u660e\u3092\u643a\u3048\u3066\u623b\u3063\u3066\u304f\u308b\u300d\u2014\u2014\u3053\u308c\u306f\u307e\u3055\u306b\u3001\u6c0f\u306e\u8a00\u3046\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u306e\u6280\u8853\u7684\u306a\u571f\u53f0\u306b\u3042\u305f\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-50b4642\" id=\"e291a2-e4b8bbe8a681e6a99fe883bde381aee383a2e382b8e383a5e383bce383abe680a7efbc9ae38391e383bce38388e3838ae383bce38381e382a7e383bce383b3-6\">\u2462 \u4e3b\u8981\u6a5f\u80fd\u306e\u30e2\u30b8\u30e5\u30fc\u30eb\u6027\uff1a\u30d1\u30fc\u30c8\u30ca\u30fc\u30c1\u30a7\u30fc\u30f3<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-595ee8b\">\u7b2c\u4e09\u306e\u8981\u4ef6\u306f\u30e2\u30b8\u30e5\u30fc\u30eb\u6027\u3067\u3059\u3002\u6c0f\u306f Nick Szabo \u306e\u300c\u592a\u3044\u30d7\u30ed\u30c8\u30b3\u30eb\uff0f\u7d30\u3044\u30d7\u30ed\u30c8\u30b3\u30eb\u300d\u3092\u5f15\u304d\u307e\u3059\u3002\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u304c\u5e83\u304c\u308b\u307b\u3069\u3001\u5229\u7528\u8005\u306f\u30a4\u30f3\u30d5\u30e9\u306b\u300c\u3082\u3063\u3068\u591a\u304f\u306e\u6a5f\u80fd\u3092\u300d\u3068\u6c42\u3081\u3001\u30d7\u30ed\u30c8\u30b3\u30eb\u306f\u3069\u3093\u3069\u3093\u300c\u592a\u304f\u300d\u306a\u308b\u3002\u305d\u3057\u3066\u592a\u3044\u30d7\u30ed\u30c8\u30b3\u30eb\u3067\u306f\u3001\u5168\u5229\u7528\u8005\u304c\u305d\u306e\u5168\u6a5f\u80fd\u306e\u7dad\u6301\u30b3\u30b9\u30c8\u3092\u8ca0\u62c5\u3055\u305b\u3089\u308c\u308b\u3002\u6c0f\u306e\u305f\u3068\u3048\u2014\u2014\u5730\u5143\u306e\u5207\u624b\u53ce\u96c6\u30af\u30e9\u30d6\u306e DAO \u3092\u56de\u3057\u305f\u3044\u3060\u3051\u306e Alice \u3068 Bob \u304c\u3001\u300c\u4e16\u754c\u91d1\u878d OS\u300d\u5168\u4f53\u306e\u91cd\u8377\u3092\u80cc\u8ca0\u308f\u3055\u308c\u308b\u306e\u306f\u7b4b\u304c\u901a\u3089\u306a\u3044\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-fd1b2a3\">\u89e3\u306f\u300c\u7d30\u3044\u57fa\u76e4\uff0b\u5dee\u3057\u8fbc\u307f\u5f0f\u306e\u7279\u5316\u30c9\u30e1\u30a4\u30f3\u300d\u3002\u30d7\u30e9\u30a4\u30d0\u30b7\u30fc\u3001\u5206\u6563\u30a4\u30f3\u30d5\u30e9\u3001\u30ae\u30e3\u30f3\u30d6\u30eb\u3001\u898f\u5236\u5bfe\u5fdc\u3001CBDC \u3068\u3044\u3063\u305f\u6a5f\u80fd\u3092\u3001\u305d\u308c\u305e\u308c\u5c02\u7528\u306e\u5c64\u3068\u3057\u3066\u57fa\u76e4\u306b\u5dee\u3057\u8fbc\u3080\u3002\u3053\u308c\u304c Cardano \u306e\u300c\u30d1\u30fc\u30c8\u30ca\u30fc\u30c1\u30a7\u30fc\u30f3\u30fb\u30e2\u30c7\u30eb\u300d\u3067\u3059\u3002\u4e00\u3064\u306e\u6c7a\u6e08\u5c64\u306b\u5bfe\u3057\u3001\u80fd\u529b\u3054\u3068\u306b\u578b\u4ed8\u3051\u3055\u308c\u305f\u591a\u6570\u306e\u8a08\u7b97\u5c64\u3092\u63a5\u7d9a\u3057\u3001\u5dee\u3057\u8fbc\u3081\u3070\u305d\u306e\u80fd\u529b\u304c Cardano \u5168\u4f53\u3067\u4f7f\u3048\u308b\u306e\u306b\u3001\u57fa\u76e4\u306f\u7d30\u3044\u307e\u307e\u4fdd\u3066\u308b\u2014\u2014\u6a5f\u80fd\u306e\u7121\u9650\u306e\u62e1\u5f35\u3001\u3068\u3044\u3046\u308f\u3051\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-073c107\"><strong>\u3010\u88cf\u53d6\u308a\u3011<\/strong>\u305d\u306e\u7b2c\u4e00\u53f7\u304c Midnight \u3067\u3059\u3002Midnight \u306f2026\u5e743\u670831\u65e5\u306b\u30d5\u30a7\u30c7\u30ec\u30fc\u30c6\u30c3\u30c9\u30fb\u30e1\u30a4\u30f3\u30cd\u30c3\u30c8\u3092\u7a3c\u50cd\u3055\u305b\u3001\u5b89\u5b9a\u6bb5\u968e\u300cKukolu \u30d5\u30a7\u30fc\u30ba\u300d\u306b\u5165\u308a\u3001\u30cd\u30a4\u30c6\u30a3\u30d6\u30c8\u30fc\u30af\u30f3 NIGHT \u306e\u914d\u5e03\u304c\u9032\u3093\u3067\u3044\u307e\u3059\u3002\u6c0f\u306f\u30d1\u30fc\u30c8\u30ca\u30fc\u30c1\u30a7\u30fc\u30f3\u306e\u512a\u4f4d\u3068\u3057\u3066\u3001Polkadot \u3084 Cosmos \u304c\u300c\u540c\u3058\u30c7\u30e5\u30a2\u30eb\u30fb\u30c8\u30fc\u30af\u30ce\u30df\u30af\u30b9\u3092\u6301\u305f\u305a\u3001\u57fa\u76e4\u5c64\u306b\u5f93\u5c5e\u7684\u3067\u96e2\u8131\u3067\u304d\u306a\u3044\u300d\u306e\u306b\u5bfe\u3057\u3001Cardano \u306e\u30d1\u30fc\u30c8\u30ca\u30fc\u30c1\u30a7\u30fc\u30f3\u306f\u300cHTML5 \u5bfe Flash\u300d\u306e\u3088\u3046\u306b\u30d9\u30f3\u30c0\u30fc\u30ed\u30c3\u30af\u304c\u306a\u304f\u3001\u4e0d\u8981\u306b\u306a\u308c\u3070\u300e\u30d7\u30e9\u30b0\u3092\u629c\u3044\u3066\u53bb\u308c\u308b\u300f\u70b9\u3092\u6319\u3052\u307e\u3059\u3002\u3055\u3089\u306b\u30d1\u30fc\u30c8\u30ca\u30fc\u30c1\u30a7\u30fc\u30f3\u306f\u4ed6\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u3078\u306e\u300c\u9023\u7d50\u70b9\u300d\u306b\u306a\u308a\u3001Midnight \u3092\u4ecb\u3057\u3066 XRP\u30fbEthereum\u30fbSolana \u3092\u3001\u307e\u305f\u5225\u9014\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306e\u6d41\u52d5\u6027\u3092 Cardano \u306b\u53d6\u308a\u8fbc\u3080\u69cb\u60f3\u304c\u8a9e\u3089\u308c\u307e\u3057\u305f\uff08\u5f8c\u8005\u306f\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u6d41\u52d5\u6027\u3092 Cardano \u306e\u8cb8\u4ed8\u30fb\u5229\u56de\u308a\u3078\u3064\u306a\u3050\u300cPogun\u300d\u3068\u3057\u3066\u5831\u3058\u3089\u308c\u3066\u304a\u308a\u3001\u8cb8\u4ed8\u30e2\u30b8\u30e5\u30fc\u30eb\u306f2026\u5e74Q2 \u4e88\u5b9a\u3068\u3055\u308c\u307e\u3059\uff09\u3002\u3053\u308c\u3089\u306f\u7a3c\u50cd\u6e08\u307f\u306e\u4e8b\u5b9f\u3068\u3044\u3046\u3088\u308a\u3001\u9032\u884c\u4e2d\u306e\u30ed\u30fc\u30c9\u30de\u30c3\u30d7\u3068\u3057\u3066\u8aad\u3080\u306e\u304c\u9069\u5207\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-3173074\" id=\"e291a3-e382ace38390e3838ae383b3e382b9e381a8e7b5b1e588b6e381aee58886e695a3e58c96e29480e29480e3819de38197e381a6e3808ce5ae9fe8a18ce6a99f-7\">\u2463 \u30ac\u30d0\u30ca\u30f3\u30b9\u3068\u7d71\u5236\u306e\u5206\u6563\u5316\u2500\u2500\u305d\u3057\u3066\u300c\u5b9f\u884c\u6a5f\u80fd\uff08executive function\uff09\u300d<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-cae333e\">\u56db\u3064\u76ee\u304c\u6700\u3082\u7269\u8b70\u3092\u91b8\u3059\u3001\u3068\u6c0f\u81ea\u8eab\u304c\u8a8d\u3081\u308b\u8981\u4ef6\u3067\u3059\u3002\u300c\u30ac\u30d0\u30ca\u30f3\u30b9\u3092\u5206\u6563\u5316\u3059\u308b\u3068\u3001\u6226\u7565\u3082\u9032\u5316\u3082\u898b\u3064\u3051\u3089\u308c\u305a\u3001\u30b7\u30b9\u30c6\u30e0\u306f\u6a5f\u80fd\u3057\u306a\u3044\u3002\u3060\u304b\u3089\u4e2d\u592e\u96c6\u6a29\u7684\u306a\u30a2\u30af\u30bf\u30fc\u304c\u8981\u308b\u300d\u2014\u2014\u3053\u306e\u901a\u5ff5\u3092\u3001\u6c0f\u306f\u8907\u96d1\u9069\u5fdc\u7cfb\u3078\u306e\u8aa4\u89e3\u3060\u3068\u9000\u3051\u307e\u3059\u3002\u5fc5\u8981\u306a\u306e\u306f\u300c\u652f\u914d\u8005\u300d\u3067\u306f\u306a\u304f\u300c\u7279\u5316\uff08specialization\uff09\u300d\u3060\u3001\u3068\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-3b7aa7c\">\u6c0f\u306e\u305f\u3068\u3048\u306f\u8eab\u4f53\u3067\u3059\u3002\u8eab\u4f53\u306b\u4e2d\u5fc3\u70b9\u306f\u306a\u304f\u3001\u8133\u30fb\u80ba\u30fb\u76ae\u819a\u3068\u3044\u3063\u305f\u5c02\u9580\u5316\u3057\u305f\u81d3\u5668\u306e\u96c6\u307e\u308a\u304c\u3001\u5168\u4f53\u3068\u3057\u3066\u300c\u4eba\u9593\u300d\u3068\u3044\u3046\u5275\u767a\u7684\u6027\u8cea\u3092\u751f\u3080\u3002\u3069\u308c\u304c\u4e00\u756a\u5049\u3044\u304b\u3067\u306f\u306a\u304f\u3001\u7dcf\u4f53\u304c\u6a5f\u80fd\u3059\u308b\u3002Cardano \u306b\u300c\u6b21\u306b\u8db3\u308a\u306a\u3044\u3082\u306e\u300d\u306f\u3001\u3053\u306e\u7279\u5316\u2014\u2014\u6c0f\u304c\u300c\u5b9f\u884c\u6a5f\u80fd\uff08executive function\uff09\u300d\u3068\u547c\u3076\u3001KPI \u306e\u767a\u898b\u30fb\u6226\u7565\u30fb\u6210\u9577\u8a08\u6e2c\u30fb\u4e88\u7b97\u914d\u5206\u3092\u62c5\u3046\u5c02\u9580\u5316\u3057\u305f\u81d3\u5668\u3060\u3001\u3068\u3044\u3046\u306e\u304c\u914d\u4fe1\u306e\u6700\u3082\u91cd\u8981\u306a\u30e1\u30c3\u30bb\u30fc\u30b8\u306e\u4e00\u3064\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-3a1fdee\">\u3053\u3053\u306f\u3001\u6240\u6709\u3068\u57f7\u884c\u3092\u5206\u3051\u3066\u8003\u3048\u308b\u3068\u898b\u901a\u3057\u304c\u3088\u304f\u306a\u308a\u307e\u3059\u3002\u6c0f\u304c\u63cf\u304f\u306e\u306f\u300c\u610f\u601d\u6c7a\u5b9a\u306f\u5206\u6563\u3057\u305f\u307e\u307e\uff08\u8ab0\u3082\u5358\u72ec\u306e\u8cac\u4efb\u8005\u3067\u306f\u306a\u3044\uff09\u3001\u3057\u304b\u3057\u6a5f\u80fd\u3054\u3068\u306b\u5c02\u9580\u5316\u3057\u305f\u57f7\u884c\u306e\u5668\u3092\u80b2\u3066\u308b\u300d\u3068\u3044\u3046\u69cb\u56f3\u3067\u3059\u3002\u5177\u4f53\u7684\u306b\u306f\u3001\u3044\u307e\u306f\u6b20\u3051\u3066\u3044\u308b\u300c\u4e88\u7b97\u6a5f\u80fd\u300d\u3092\u2014\u2014\u4e00\u3064\u306e\u6a5f\u95a2\uff08\u6c0f\u306f Intersect \u3092\u4f8b\u306b\u6319\u3052\u307e\u3059\uff09\u304c\u4f5c\u308b\u306e\u3067\u306f\u306a\u304f\u2014\u2014\u30d7\u30ed\u30c8\u30b3\u30eb\u306e\u30ec\u30d9\u30eb\u3067\u4f5c\u308a\u3001\u305d\u306e\u4e0a\u306b\u300c\u6226\u7565\u6a5f\u80fd\u300d\u3092\u8f09\u305b\u3066 KPI \u3092\u8ffd\u308f\u305b\u308b\u3002\u6c0f\u306f\u5b9f\u969b\u306b AI\uff08Claude\uff09\u306b\u300c\u30c1\u30a7\u30fc\u30f3\u304c\u751f\u304d\u3066\u3044\u308b\u304b\u3092\u793a\u3059\u4e0a\u4f4d10 KPI\u300d\u3092\u751f\u6210\u3055\u305b\u3001\u624b\u6570\u6599\u30fb\u30a2\u30af\u30c6\u30a3\u30d6\u958b\u767a\u8005\u30fb\u30c1\u30a7\u30fc\u30f3\/\u30a2\u30d7\u30ea\u304c\u4fdd\u6301\u3059\u308b\u53ce\u76ca\u30fb\u7d14\u767a\u884c\u3068\u5e0c\u8584\u5316\u30fb\u30b9\u30c6\u30fc\u30d6\u30eb\u30b3\u30a4\u30f3\u4f9b\u7d66\u30fb\u30a2\u30af\u30c6\u30a3\u30d6\u30a2\u30c9\u30ec\u30b9\u30fb\u30b9\u30c6\u30fc\u30af\u6bd4\u7387\u30fbTVL\u30fb\u5206\u6563\u5316\u5ea6\u30fb\u8abf\u6574\u5f8c\u79fb\u8ee2\u4fa1\u5024\u3001\u3068\u3044\u3046\u4e00\u89a7\u3092\u63d0\u793a\u3057\u307e\u3057\u305f\u3002\u51fa\u767a\u70b9\u306f\u3069\u3053\u3067\u3082\u3088\u3044\uff08Ethereum \u3082 Solana \u3082 Cardano \u3082\u6570\u5e74\u524d\u306f\u30bc\u30ed\u3060\u3063\u305f\uff09\u3001\u6b63\u3057\u3044\u30c0\u30a4\u30ca\u30df\u30af\u30b9\u304c\u3042\u308c\u3070\u81ea\u5df1\u6700\u9069\u5316\u7684\u306b\u4f38\u3073\u308b\u3001\u3068\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-e76c817\"><strong>\u3010\u88cf\u53d6\u308a\u3011<\/strong>\u3053\u306e\u8981\u4ef6\u306f\u30014\u3064\u306e\u4e2d\u3067\u6700\u3082\u5177\u4f53\u7684\u306a\u88cf\u3065\u3051\u304c\u3042\u308a\u307e\u3059\u3002Cardano \u306f2025\u5e742\u670823\u65e5\u3001\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u3067\u61b2\u6cd5\u3092\u6279\u51c6\u30fb\u767a\u52b9\u3055\u305b\u307e\u3057\u305f\uff08DRep \u306e75%\u95be\u5024\uff0b\u66ab\u5b9a\u61b2\u6cd5\u8a55\u8b70\u4f1a\u306e\u5168\u4f1a\u4e00\u81f4\uff09\u3002Plomin \u30cf\u30fc\u30c9\u30d5\u30a9\u30fc\u30af\u3067\u672c\u683c\u7684\u306a\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u30fb\u30ac\u30d0\u30ca\u30f3\u30b9\u3078\u79fb\u884c\u3057\u30012025\u5e74\u306b\u306f\u4f4f\u6c11\u304c\u9078\u51fa\u3057\u305f\u521d\u306e\u61b2\u6cd5\u59d4\u54e1\u4f1a\uff087\u540d\uff09\u304c\u6210\u7acb\u3057\u3066\u3044\u307e\u3059\u3002\u6c0f\u304c\u300c\u61b2\u6cd5\u30fb\u30ea\u30ad\u30c3\u30c9\u30c7\u30e2\u30af\u30e9\u30b7\u30fc\u30fb\u61b2\u6cd5\u59d4\u54e1\u4f1a\u3092\u6301\u3064\u552f\u4e00\u306e\u6697\u53f7\u8cc7\u7523\u300d\u3068\u8ff0\u3079\u308b\u571f\u53f0\u306f\u3053\u3053\u306b\u3042\u308a\u307e\u3059\u3002\u4e00\u65b9\u3067\u300c\u4e88\u7b97\u6a5f\u80fd\u30fb\u6226\u7565\u6a5f\u80fd\u30fb\u5b9f\u884c\u6a5f\u80fd\u300d\u306f\u307e\u3060\u6574\u3063\u3066\u304a\u3089\u305a\u3001\u6c0f\u81ea\u8eab\u304c\u300c\u7279\u5316\u3092\u7d44\u307f\u8fbc\u3080\u5fc5\u8981\u304c\u3042\u308b\u306e\u306f\u660e\u3089\u304b\u3060\u300d\u3068\u73fe\u5728\u5730\u3092\u8a8d\u3081\u3066\u3044\u307e\u3059\u3002\u3064\u307e\u308a\u2460\u301c\u2462\u304c\u300c\u307b\u307c\u5b9f\u88c5\u6e08\u307f\uff0f\u5de5\u7a0b\u4e0a\u300d\u306a\u306e\u306b\u5bfe\u3057\u3001\u2463\u306f\u300c\u571f\u53f0\u306f\u3042\u308b\u304c\u3001\u6b21\u306e\u6bb5\u968e\u306f\u3053\u308c\u304b\u3089\u300d\u3068\u8aad\u3080\u306e\u304c\u6b63\u78ba\u3067\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading deb-core-block deb-block-676ad7e\" id=\"e3808ce4bea1e6a0bce381a7e381afe381aae38184e3808de381a8e38184e38186e4b8bbe5bcb5e38292e381a9e38186e8aaade38280e3818b-8\">\u300c\u4fa1\u683c\u3067\u306f\u306a\u3044\u300d\u3068\u3044\u3046\u4e3b\u5f35\u3092\u3069\u3046\u8aad\u3080\u304b<\/h2>\n\n\n\n<p class=\"deb-core-block deb-block-b087356\">\u914d\u4fe1\u306e\u5f8c\u534a\u3001\u6c0f\u306f\u8b70\u8ad6\u3092\u4e00\u6c17\u306b\u793e\u4f1a\u8ad6\u3078\u5e83\u3052\u307e\u3059\u3002\u3053\u3053\u306f\u300c\u691c\u8a3c\u3067\u304d\u308b\u4e8b\u5b9f\u300d\u3088\u308a\u300c\u6c0f\u306e\u898b\u7acb\u3066\u30fb\u5c55\u671b\u300d\u306e\u6bd4\u91cd\u304c\u9ad8\u3044\u90e8\u5206\u306a\u306e\u3067\u3001\u7dda\u5f15\u304d\u3092\u4fdd\u3063\u3066\u8aad\u307f\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-e3becbc\">\u6c0f\u306e\u4e2d\u5fc3\u547d\u984c\u306f\u300c\u4fa1\u683c\u306f\u3053\u308c\u3089\u306e\u4f55\u4e00\u3064\u6e2c\u3063\u3066\u3044\u306a\u3044\u300d\u3002\u8a55\u4fa1\u3059\u3079\u304d\u306f DEX \u53d6\u5f15\u9ad8\u3084 TVL \u3084\u30c8\u30fc\u30af\u30f3\u4fa1\u683c\u3067\u306f\u306a\u304f\u3001\u300c\u305d\u306e\u30b7\u30b9\u30c6\u30e0\u304c\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u3092\u6301\u3064\u304b\u300d\u3060\u3001\u3068\u3002\u3082\u3057\u6301\u305f\u306a\u3044\u306a\u3089\u3001\u305d\u308c\u306f\u300c\u6d74\u69fd\u306e\u6c34\u3092\u7247\u5074\u304b\u3089\u53cd\u5bfe\u5074\u3078\u79fb\u3057\u305f\u3060\u3051\u300d\u2014\u2014\u4fe1\u983c\u3055\u308c\u305f\u7b2c\u4e09\u8005\u3092\u5225\u306e\u4fe1\u983c\u3055\u308c\u305f\u7b2c\u4e09\u8005\u3078\u5165\u308c\u66ff\u3048\u305f\u3060\u3051\u3060\u3001\u3068\u3044\u3046\u8f9b\u8fa3\u306a\u305f\u3068\u3048\u3092\u4f7f\u3044\u307e\u3059\u3002\u6c0f\u304c\u4fe1\u983c\u30a4\u30f3\u30d5\u30e9\u5d29\u58ca\u306e\u8c61\u5fb4\u3068\u3057\u3066\u6319\u3052\u308b\u306e\u304c\u3001\u7c73\u56fd\u306e\u9078\u6319\u3092\u3081\u3050\u308b\u4e0d\u4fe1\u3068\u3001\u751f\u6210 AI \u304c\u300c\u81ea\u5206\u306e\u76ee\u3068\u8033\u3092\u4fe1\u3058\u3089\u308c\u306a\u304f\u3059\u308b\u300d\u554f\u984c\u3067\u3059\u3002\u6295\u7968\u305d\u306e\u3082\u306e\u306b\u300c\u6b63\u3057\u3055\u306e\u8a3c\u660e\u300d\u304c\u57cb\u3081\u8fbc\u307e\u308c\u3066\u3044\u308c\u3070\u4fe1\u983c\u306e\u554f\u984c\u306f\u89e3\u6d88\u3059\u308b\u306f\u305a\u3060\u3001\u3068\u6c0f\u306f\u8a00\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-50b5263\">\u3053\u3053\u3067\u6c0f\u304c\u793a\u3059\u6570\u5024\u2014\u2014\u4fe1\u983c\u88c5\u7f6e\u306e\u30b3\u30b9\u30c8\u9664\u53bb\u3067\u5e742,500\u301c3,000\u5104\u30c9\u30eb\uff08\u73fe\u5b9f\u7684\u306b\u306f1,200\u301c1,600\u5104\u30c9\u30eb\uff09\u3001\u7dcf\u4f53\u3067\u306f\u6570\u5146\u30c9\u30eb\u2014\u2014\u306f\u3001\u6c0f\u304c\u81ea\u3089\u751f\u6210\u3057\u305f\u30ec\u30dd\u30fc\u30c8\u306b\u57fa\u3065\u304f\u63a8\u8a08\u3067\u3042\u308a\u3001\u72ec\u7acb\u691c\u8a3c\u3055\u308c\u305f\u6570\u5b57\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u672c\u7a3f\u306f\u6c0f\u306e\u63a8\u8a08\u3068\u3057\u3066\u7d39\u4ecb\u3059\u308b\u306b\u3068\u3069\u3081\u307e\u3059\u3002\u540c\u69d8\u306b\u300cCardano \u3060\u3051\u304c4\u8981\u4ef6\u3059\u3079\u3066\u3092\u5099\u3048\u308b\u300d\u300c\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3092\u8ffd\u3044\u8d8a\u3059\u300d\u300c\u3053\u308c\u3092\u89e3\u3044\u305f\u8005\u306f\u4eba\u985e\u53f2\u4e0a\u6700\u3082\u4fa1\u5024\u3042\u308b\u5236\u5ea6\u3092\u4f5c\u308b\u300d\u300c\u4e16\u754c\u5e73\u548c\u300d\u3068\u3044\u3063\u305f\u8868\u73fe\u306f\u3001\u3044\u305a\u308c\u3082\u6c0f\u306e\u30d3\u30b8\u30e7\u30f3\u3067\u3042\u308a\u3001\u305d\u306e\u5b9f\u73fe\u3092\u4fdd\u8a3c\u3059\u308b\u3082\u306e\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-ebca4dc\">\u7559\u610f\u3059\u3079\u304d\u306f\u3001\u3053\u306e\u914d\u4fe1\u304c\u3001\u5e02\u5834\u304c\u8edf\u8abf\u3067\u3001\u6c0f\u81ea\u8eab\u304c6\u6708\u521d\u3081\u306b SNS \u3068\u8ddd\u96e2\u3092\u7f6e\u304f\u3068\u8868\u660e\u3057\u305f\u6642\u671f\u306b\u884c\u308f\u308c\u305f\u300c\u5fa9\u5e30\u306e\u914d\u4fe1\u300d\u3060\u3068\u3044\u3046\u70b9\u3067\u3059\u3002\u3060\u304b\u3089\u3053\u305d\u6c0f\u306f\u3001\u76ee\u5148\u306e\u4fa1\u683c\u3084\u30c9\u30e9\u30de\u3067\u306f\u306a\u304f\u300c\u7b2c\u4e00\u539f\u7406\uff08first principles\uff09\u306b\u623b\u308d\u3046\u300d\u300c\u518d\u3073\u6210\u9577\u3092\u59cb\u3081\u3088\u3046\u300d\u3068\u7e70\u308a\u8fd4\u3057\u307e\u3059\u3002\u914d\u4fe1\u306e\u6027\u683c\u306f\u3001\u30ed\u30fc\u30c9\u30de\u30c3\u30d7\u306e\u544a\u77e5\u3068\u3044\u3046\u3088\u308a\u3001\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u3092\u6839\u672c\u601d\u60f3\u304b\u3089\u596e\u3044\u7acb\u305f\u305b\u308b\u300c\u518d\u8d77\u52d5\u306e\u6f14\u8aac\u300d\u306b\u8fd1\u3044\u3082\u306e\u3067\u3057\u305f\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading deb-core-block deb-block-5030fac\" id=\"e383ade383bce38389e3839ee38383e38397e4b88ae381aee78fbee59ca8e59cb0efbc88e8a38fe58f96e3828aefbc89-9\">\u30ed\u30fc\u30c9\u30de\u30c3\u30d7\u4e0a\u306e\u73fe\u5728\u5730\uff08\u88cf\u53d6\u308a\uff09<\/h2>\n\n\n\n<p class=\"deb-core-block deb-block-fddaf29\">\u914d\u4fe1\u3067\u89e6\u308c\u3089\u308c\u305f\u300c\u3053\u308c\u304b\u3089\u300d\u3092\u3001\u4e8b\u5b9f\u3068\u3057\u3066\u78ba\u8a8d\u3067\u304d\u308b\u7bc4\u56f2\u3067\u6574\u7406\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-core-block deb-block-bf54e6f\">\n<li class=\"deb-core-block\"><strong>Ouroboros Leios<\/strong>\uff1a\u30c6\u30b9\u30c8\u30cd\u30c3\u30c82026\u5e746\u670823\u65e5\u30ed\u30fc\u30f3\u30c1\u4e88\u5b9a\uff08\u63d0\u6848\u306f DReps \u7d0484%\u53ef\u6c7a\u30fb\u7d042,770\u4e07\u30c9\u30eb\u89e3\u653e\uff09\u3002\u30e1\u30a4\u30f3\u30cd\u30c3\u30c8\u306f\u5e74\u5185\u76ee\u6a19\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>eUTXO \uff0b Starstream<\/strong>\uff1aeUTXO \u306f\u6210\u719f\u3057\u591a\u8a00\u8a9e\u5bfe\u5fdc\u3002Starstream\uff08UTXO \u7cfb\u5411\u3051 zkVM\uff09\u3068\u306e\u7d71\u5408\u304c\u300c\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u300d\u3078\u306e\u63a5\u8fd1\u70b9\u3068\u3057\u3066\u4f4d\u7f6e\u3065\u3051\u3089\u308c\u3066\u3044\u308b\uff08\u7814\u7a76\u30fb\u958b\u767a\u6bb5\u968e\uff09\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>Hydra<\/strong>\uff1a\u30ec\u30a4\u30e4\u30fc2\u30d8\u30c3\u30c9\u30fb\u30d7\u30ed\u30c8\u30b3\u30eb\u3068\u3057\u3066\u7a3c\u50cd\u4e2d\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>Midnight<\/strong>\uff1a2026\u5e743\u670831\u65e5\u30d5\u30a7\u30c7\u30ec\u30fc\u30c6\u30c3\u30c9\u30fb\u30e1\u30a4\u30f3\u30cd\u30c3\u30c8\u7a3c\u50cd\u3001Kukolu \u30d5\u30a7\u30fc\u30ba\u3001NIGHT \u914d\u5e03\u4e2d\uff08\u30d1\u30fc\u30c8\u30ca\u30fc\u30c1\u30a7\u30fc\u30f3\u7b2c\u4e00\u53f7\uff09\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>RealFi<\/strong>\uff1a\u9280\u884c\u53e3\u5ea7\u3092\u6301\u305f\u306a\u3044\u5c64\u30fb\u30b0\u30ed\u30fc\u30d0\u30eb\u30b5\u30a6\u30b9\u5411\u3051\u306e\u5b9f\u4e16\u754c\u91d1\u878d\u3002\u6c0f\u306f\u300cJohn O&#8217;Connor \u6c0f\u304c IO \u3092\u96e2\u308c RealFi \u3092\u7387\u3044\u308b\u4f53\u5236\u306b\u306a\u308a\u3001RealFi \u306f\u76ee\u524d\u3060\u300d\u3068\u8ff0\u3079\u307e\u3057\u305f\u3002RealFi \u306f IO \u7531\u6765\u306e\u53d6\u308a\u7d44\u307f\u3067\u3001World Mobile \u3084 Atala PRISM\uff08\u30c7\u30b8\u30bf\u30eb ID\uff09\u3068\u306e\u9023\u643a\u304c\u77e5\u3089\u308c\u3066\u3044\u307e\u3059\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>Pogun<\/strong>\uff1a\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\uff08\u4e16\u754c\u306e\u30c7\u30b8\u30bf\u30eb\u30b4\u30fc\u30eb\u30c9\uff09\u306e\u6d41\u52d5\u6027\u3092 Cardano \u306e\u8cb8\u4ed8\u30fb\u5229\u56de\u308a\u3078\u53d6\u308a\u8fbc\u3080\u4ed5\u7d44\u307f\u3068\u3057\u3066\u5831\u3058\u3089\u308c\u3066\u304a\u308a\u3001\u8cb8\u4ed8\u30e2\u30b8\u30e5\u30fc\u30eb\u306f2026\u5e74Q2 \u4e88\u5b9a\u3068\u3055\u308c\u307e\u3059\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>\u5b9f\u884c\u6a5f\u80fd\uff0f\u7279\u5316<\/strong>\uff1a\u6c0f\u304c\u300c\u6b21\u306b\u8db3\u308a\u306a\u3044\u300d\u3068\u660e\u8a00\u3057\u305f\u9818\u57df\u3002\u61b2\u6cd5\u30fb\u61b2\u6cd5\u59d4\u54e1\u4f1a\u3068\u3044\u3046\u571f\u53f0\u306e\u4e0a\u306b\u3001\u4e88\u7b97\u6a5f\u80fd\u30fb\u6226\u7565\u6a5f\u80fd\u3092\u30d7\u30ed\u30c8\u30b3\u30eb\u30ec\u30d9\u30eb\u3067\u80b2\u3066\u308b\u306e\u304c\u6b21\u306e\u8ab2\u984c\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-core-block deb-block-aea50ae\">\u7dcf\u3058\u3066\u3001\u2460\u5206\u6563\u5316\u306e\u30a8\u30f3\u30b8\u30f3\u3068\u2461\u4f1a\u8a08\u30e2\u30c7\u30eb\u306f\u5b9f\u88c5\u30fb\u5de5\u7a0b\u3068\u3057\u3066\u78ba\u304b\u306a\u88cf\u3065\u3051\u304c\u3042\u308a\u3001\u2462\u30e2\u30b8\u30e5\u30fc\u30eb\u6027\u306f\u7b2c\u4e00\u53f7 Midnight \u304c\u7a3c\u50cd\u3057\u3064\u3064\u62e1\u5f35\u4e2d\u3001\u2463\u30ac\u30d0\u30ca\u30f3\u30b9\u306f\u571f\u53f0\u304c\u6574\u3044\u300c\u7279\u5316\u300d\u304c\u6b21\u306e\u5bbf\u984c\u3001\u3068\u3044\u3046\u73fe\u5728\u5730\u3067\u3059\u3002\u6c0f\u306e\u58ee\u5927\u306a\u30d3\u30b8\u30e7\u30f3\u3068\u3001\u8db3\u5143\u306e\u300c\u30c6\u30b9\u30c8\u30cd\u30c3\u30c8\uff0f\u521d\u671f\u6bb5\u968e\uff0f\u30ed\u30fc\u30c9\u30de\u30c3\u30d7\u300d\u3068\u3044\u3046\u5b9f\u614b\u306e\u4e21\u65b9\u3092\u3001\u540c\u6642\u306b\u62bc\u3055\u3048\u3066\u304a\u304f\u306e\u304c\u3088\u3044\u3067\u3057\u3087\u3046\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity deb-core-block deb-block-d0542a4\"\/>\n\n\n\n<h2 class=\"wp-block-heading deb-core-block deb-block-2b141a5\" id=\"e38090e585a8e69687e7bfbbe8a8b3e38091why-cardano-is-the-only-ecosystem-that-can-run-the-world-10\">\u3010\u5168\u6587\u7ffb\u8a33\u3011Why Cardano is the only Ecosystem that can run the world<\/h2>\n\n\n\n<p class=\"deb-core-block deb-block-04d4f42\"><em>\u4ee5\u4e0b\u306f\u3001\u7d0440\u5206\u306e\u914d\u4fe1\u5168\u4f53\u3092\u8981\u7d04\u305b\u305a\u65e5\u672c\u8a9e\u306b\u610f\u8a33\u3057\u305f\u5168\u6587\u7ffb\u8a33\u3067\u3059\u3002\u5143\u306e\u81ea\u52d5\u5b57\u5e55\u306b\u542b\u307e\u308c\u308b\u56fa\u6709\u540d\u8a5e\u30fb\u5c02\u9580\u7528\u8a9e\u306e\u8a8d\u8b58\u8aa4\u308a\uff08Ouroboros\uff0fLeios\u30fbPraos\uff0fNick Szabo\uff0fVitalik\uff0fPogun \u306a\u3069\uff09\u306f\u3001\u6587\u610f\u3092\u640d\u306a\u308f\u306a\u3044\u7bc4\u56f2\u3067\u6b63\u3057\u3044\u8a9e\u306b\u88dc\u6b63\u3057\u3001\u88dc\u6b63\u30fb\u88dc\u8db3\u306f\u672b\u5c3e\u300c\u7ffb\u8a33\u30ce\u30fc\u30c8\u300d\u306b\u307e\u3068\u3081\u3066\u3044\u307e\u3059\u3002\u4e00\u4eba\u79f0\uff08\u79c1\uff09\u306f Charles Hoskinson \u6c0f\u306e\u767a\u8a00\u3067\u3059\u3002<\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-f3a2f5f\" id=\"e5b08ee585a5e29480e29480e68385e5a0b1e79a84e381a7e38081e69599e882b2e79a84e381a7e38081e5898de59091e3818de381aae8a9b1e38292-11\">\u5c0e\u5165\u2500\u2500\u60c5\u5831\u7684\u3067\u3001\u6559\u80b2\u7684\u3067\u3001\u524d\u5411\u304d\u306a\u8a71\u3092<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-80f5cec\">\u3053\u3093\u306b\u3061\u306f\u3001Charles Hoskinson \u3067\u3059\u3002\u6696\u304b\u304f\u6674\u308c\u305f\u30b3\u30ed\u30e9\u30c9\u304b\u3089\u30e9\u30a4\u30d6\u3067\u304a\u5c4a\u3051\u3057\u3066\u3044\u307e\u3059\u3002\u30aa\u30d5\u30a3\u30b9\u306b\u623b\u3063\u3066\u304d\u307e\u3057\u305f\u3002\u4eca\u65e5\u306f\u3001Cardano \u306b\u56fa\u6709\u306e\u3001\u4f55\u304b\u30e6\u30cb\u30fc\u30af\u306a\u3082\u306e\u306b\u3064\u3044\u3066\u8a71\u3057\u305f\u3044\u3068\u601d\u3063\u3066\u3044\u307e\u3057\u305f\u3002\u305f\u307e\u306b\u306f\u3001\u60c5\u5831\u7684\u3067\u3001\u6559\u80b2\u7684\u3067\u3001\u524d\u5411\u304d\u306a\u8a71\u3092\u3059\u308b\u9803\u5408\u3044\u3067\u3057\u3087\u3046\u3002\u3067\u306f\u753b\u9762\u3092\u5171\u6709\u3057\u3066\u3001\u5b9f\u306b\u8208\u5473\u6df1\u304f\u3001\u5b9f\u306b\u91cd\u8981\u306a\u3053\u3068\u306b\u3064\u3044\u3066\u8a71\u3057\u3066\u3044\u304d\u307e\u3057\u3087\u3046\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-5b1b337\" id=\"e38184e381bee5b882e5a0b4e3818ce698a0e38197e587bae38197e381a6e38184e3828be381aee381afe3808ce5bcb1e6b097e79bb8e5a0b4e3808de381a7e381af-12\">\u3044\u307e\u5e02\u5834\u304c\u6620\u3057\u51fa\u3057\u3066\u3044\u308b\u306e\u306f\u300c\u5f31\u6c17\u76f8\u5834\u300d\u3067\u306f\u306a\u304f\u300c\u5b9f\u5b58\u7684\u5371\u6a5f\u300d\u3060<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-4f84c3c\">\u4e16\u306e\u4e2d\u306b\u306f\u3001\u305f\u304f\u3055\u3093\u306e\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u3084\u6697\u53f7\u8cc7\u7523\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u304c\u3042\u308a\u3001\u305d\u306e\u5468\u308a\u306b\u306f\u7121\u6570\u306e\u4eba\u3005\u304c\u6f02\u3063\u3066\u3044\u307e\u3059\u3002\u307f\u3093\u306a\u300c\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u3001\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u3001\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u300d\u3068\u53e3\u306b\u3059\u308b\u3002\u305d\u3057\u3066\u4eca\u3001\u5e02\u5834\u304c\u6620\u3057\u51fa\u3057\u3066\u3044\u308b\u306e\u306f\u3001\u5f31\u6c17\u76f8\u5834\uff08bear market\uff09\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u6620\u3057\u51fa\u3055\u308c\u3066\u3044\u308b\u306e\u306f\u300c\u5b9f\u5b58\u7684\u5371\u6a5f\uff08existential crisis\uff09\u300d\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-7cc3bab\">\u8981\u3059\u308b\u306b\u3001\u4eba\u3005\u306f\u3053\u3046\u554f\u3046\u3066\u3044\u308b\u306e\u3067\u3059\u3002\u300c\u6697\u53f7\u8cc7\u7523\u3063\u3066\u3001\u305d\u3082\u305d\u3082\u672c\u5f53\u306b\u5b58\u5728\u3059\u308b\u3082\u306e\u306a\u306e\u304b? \u610f\u5473\u304c\u3042\u308b\u306e\u304b? \u6211\u3005\u304c\u6c17\u306b\u304b\u3051\u308b\u3079\u304d\u3082\u306e\u306a\u306e\u304b? \u305d\u308c\u3068\u3082\u6697\u53f7\u8cc7\u7523\u306f\u3082\u3046\u6b7b\u3093\u3067\u3044\u3066\u3001\u6b21\u306e\u30de\u30af\u30ac\u30d5\u30a3\u30f3\uff08\u8a71\u306e\u672c\u7b4b\u3067\u306f\u306a\u3044\u300e\u304a\u984c\u76ee\u300f\uff09\u3078\u3001\u3064\u307e\u308a AI \u3084\u5408\u6210\u751f\u7269\u5b66\uff08synbio\uff09\u3084\u3001\u6307\u6570\u95a2\u6570\u7684\u6210\u9577\u3092\u3046\u305f\u3046\u6b21\u306e\u300e\u5927\u304d\u306a\u4f55\u304b\u300f\u3078\u79fb\u3063\u3066\u3044\u304f\u306e\u304b\u300d\u3068\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-a38e787\">\u3053\u306e\u52d5\u753b\u3067\u304a\u8a71\u3057\u3057\u305f\u3044\u306e\u306f\u3001\u306a\u305c\u3053\u306e\u3059\u3079\u3066\u304c\u5fc5\u8981\u306a\u306e\u304b\u3001\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002\u305d\u3057\u3066\u305d\u306e\u3046\u3048\u3067\u3001\u73fe\u72b6\u306b\u304a\u3044\u3066 Cardano \u3053\u305d\u304c\u3001\u3053\u306e\u554f\u984c\u3092\u5b9f\u969b\u306b\u89e3\u3051\u308b\u305f\u3060\u4e00\u3064\u306e\u5b58\u5728\u3067\u3042\u308b\u3001\u3068\u3044\u3046\u4e3b\u5f35\u3092\u3057\u3066\u3044\u304d\u307e\u3059\u3002\u305d\u3057\u3066\u3001\u305d\u306e\u554f\u984c\u304c\u6301\u3064\u4fa1\u5024\u306f\u3001\u5c11\u306a\u304f\u898b\u7a4d\u3082\u3063\u3066\u3082\u5e74\u95933,000\u5104\u30c9\u30eb\u306b\u4e0a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-02db716\" id=\"bob-e381a8-alicee29480e29480e38182e38289e38286e3828be59586e58f96e5bc95e381aee6a0b9e381abe38182e3828be3808ce4bfa1e9a0bce3808d-13\">Bob \u3068 Alice\u2500\u2500\u3042\u3089\u3086\u308b\u5546\u53d6\u5f15\u306e\u6839\u306b\u3042\u308b\u300c\u4fe1\u983c\u300d<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-e2850c5\">\u3067\u306f\u3001\u3054\u304f\u57fa\u672c\u7684\u306a\u30d1\u30bf\u30fc\u30f3\u304b\u3089\u59cb\u3081\u307e\u3057\u3087\u3046\u3002Bob \u3068 Alice \u304c\u3044\u308b\u3068\u3057\u307e\u3059\u3002\u4e8c\u4eba\u306f\u4e92\u3044\u306b\u53d6\u5f15\u3092\u3057\u305f\u3044\u3002\u4f55\u3089\u304b\u306e\u5546\u53d6\u5f15\u3067\u3059\u3002Bob \u304c\u4f55\u304b\u3092\u3057\u3066\u3001\u305d\u306e\u5bfe\u4fa1\u3068\u3057\u3066 Alice \u304b\u3089\u4f55\u304b\u3092\u53d7\u3051\u53d6\u308b\u3002\u4e2d\u8eab\u306f\u4f55\u3067\u3082\u69cb\u3044\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-a45628e\">\u91cd\u8981\u306a\u306e\u306f\u3001\u3053\u308c\u3092\u6210\u7acb\u3055\u305b\u3001\u5186\u6ed1\u306b\u3059\u308b\u306b\u306f\u3001\u3042\u308b\u7a2e\u306e\u300c\u4fe1\u983c\uff08trust\uff09\u300d\u3068\u3044\u3046\u6982\u5ff5\u304c\u5fc5\u8981\u306b\u306a\u308b\u3001\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002\u3053\u308c\u3092 T \u3068\u547c\u3073\u307e\u3057\u3087\u3046\u3002Alice \u304c Bob \u3068\u53d6\u5f15\u3059\u308b\u305f\u3081\u306b\u5fc5\u8981\u306a\u3001\u6700\u5c0f\u9650\u306e\u4fe1\u983c\u306e\u6c34\u6e96\u304c\u3042\u308a\u3001\u305d\u306e\u9006\u3082\u307e\u305f\u7136\u308a\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-b6b975a\">\u305d\u308c\u306f\u3001Bob \u304c\u6301\u3063\u3066\u3044\u308b\u304a\u91d1\u3078\u306e\u4fe1\u983c\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3002\u305f\u3068\u3048\u3070\u3001\u305d\u308c\u304c\u7c73\u30c9\u30eb\u306a\u3089\u3069\u3046\u3067\u3057\u3087\u3046\u3002\u826f\u3055\u305d\u3046\u3067\u3059\u306d\u3002\u3067\u306f\u3001\u30da\u30bd\u3060\u3063\u305f\u3089? \u2026\u2026\u5fae\u5999\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3002\u3042\u308b\u3044\u306f\u3001Bob \u304c\u4e3b\u5f35\u3057\u3066\u3044\u308b\u3053\u3068\u3078\u306e\u4fe1\u983c\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3002\u5f7c\u306f\u4f55\u3089\u304b\u306e\u4e3b\u5f35\u3092\u3057\u3066\u3044\u308b\u3002\u5951\u7d04\u66f8\u3092\u6301\u3063\u3066\u3044\u308b\u306e\u304b\u3082\u3057\u308c\u306a\u3044\u3002\u6642\u9593\u7684\u306a\u8981\u7d20\u3082\u3042\u308b\u3067\u3057\u3087\u3046\u3002\u5546\u53d6\u5f15\u306f\u3044\u304f\u3089\u3067\u3082\u5206\u89e3\u3067\u304d\u307e\u3059\u304c\u3001\u305d\u306e\u6839\u3063\u3053\u306b\u3042\u308b\u306e\u306f\u5e38\u306b\u300c\u5f53\u4e8b\u8005\u306f\u4e92\u3044\u3092\u4fe1\u983c\u3057\u3066\u3044\u308b\u304b?\u300d\u3068\u3044\u3046\u4e00\u70b9\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-32a4c19\">\u305d\u3057\u3066\u73fe\u4ee3\u7d4c\u6e08\u3092\u898b\u6e21\u3059\u3068\u3001\u4e16\u754c\u898f\u6a21\u3067\u4fe1\u983c\u3092\u78ba\u7acb\u3059\u308b\u305f\u3081\u306e\u30b3\u30b9\u30c8\u306f\u3001\u898f\u5236\u306e\u884c\u304d\u5c4a\u3044\u305f\u91d1\u878d\u5e02\u5834\u306b\u9650\u3063\u3066\u3055\u3048\u3001\u6570\u5343\u5104\u30c9\u30eb\u898f\u6a21\u306b\u4e0a\u308a\u307e\u3059\u3002\u4fdd\u967a\u304c\u305d\u3046\u3067\u3059\u3002\u76e3\u67fb\u304c\u305d\u3046\u3067\u3059\u3002\u6cd5\u5f8b\u3084\u6cd5\u57f7\u884c\u304c\u305d\u3046\u3067\u3059\u3002\u5404\u7a2e\u306e\u5236\u5ea6\u3084\u3001\u7b2c\u4e09\u8005\u6a5f\u95a2\u304c\u305d\u3046\u3067\u3059\u3002\u4e16\u754c\u4e2d\u306b\u4f55\u5343\u3001\u4f55\u4e07\u3068\u3044\u3046\u4ed5\u7d44\u307f\u304c\u5b58\u5728\u3057\u3001\u305d\u308c\u3089\u306f\u305f\u3060\u4e00\u70b9\u3001Alice \u3068 Bob \u306e\u53cc\u65b9\u304c\u300c\u3053\u308c\u306a\u3089\u5927\u4e08\u592b\u3060\u300d\u3068\u7d0d\u5f97\u3057\u3066\u3001\u5b89\u5fc3\u3057\u3066\u4e92\u3044\u306b\u5546\u53d6\u5f15\u3067\u304d\u308b\u3088\u3046\u306b\u3001\u4fe1\u983c\u306e\u95be\u5024\uff08threshold\uff09\u3092\u4e0b\u3052\u308b\u305f\u3081\u3060\u3051\u306b\u5b58\u5728\u3057\u3066\u3044\u308b\u306e\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-62cb0f2\" id=\"e38396e383ade38383e382afe38381e382a7e383bce383b3e794a3e6a5ade381afe3808ce382b0e383ade383bce38390e383abe58c96e3808de3818be38289e7949f-14\">\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u7523\u696d\u306f\u300c\u30b0\u30ed\u30fc\u30d0\u30eb\u5316\u300d\u304b\u3089\u751f\u307e\u308c\u305f<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-7e4d1e5\">\u3067\u3059\u304b\u3089\u3001\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u7523\u696d\u306f\u771f\u7a7a\u304b\u3089\u751f\u307e\u308c\u305f\u306e\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u305d\u308c\u306f\u300c\u30b0\u30ed\u30fc\u30d0\u30eb\u5316\u300d\u304b\u3089\u751f\u307e\u308c\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-b63086e\">\u30b0\u30ed\u30fc\u30d0\u30eb\u5316\u3092\u7406\u89e3\u3057\u3066\u3044\u306a\u3044\u4eba\u3001\u4e16\u754c\u5e02\u5834\u304c\u3044\u304b\u306b\u9014\u65b9\u3082\u306a\u304f\u8106\u3044\u304b\u3092\u7406\u89e3\u3057\u3066\u3044\u306a\u3044\u4eba\u2014\u2014\u300c\u3059\u3079\u3066\u306f\u5358\u7d14\u3060\u3001\u653f\u5e9c\u3092\u4fe1\u3058\u3066\u3044\u308c\u3070\u3001\u306a\u3093\u3060\u304b\u3093\u3060\u3067\u5168\u90e8\u3046\u307e\u304f\u3044\u304f\u300d\u3068\u601d\u3063\u3066\u3044\u308b\u4eba\u2014\u2014\u306f\u3001\u3053\u308c\u3089\u306e\u7b2c\u4e09\u8005\u30fb\u5236\u5ea6\u30fb\u5e7e\u5c64\u306b\u3082\u7a4d\u307f\u91cd\u306a\u3063\u305f\u4fe1\u983c\u304c\u3001\u53d6\u5f15\u306b\u5bfe\u3057\u3066\u6301\u3064\u30b3\u30b9\u30c8\u3060\u3051\u3067\u306a\u304f\u3001\u305d\u306e\u300c\u5371\u3046\u3055\u300d\u3082\u7406\u89e3\u3057\u3066\u3044\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-318ddea\">\u3082\u3057\u3053\u306e\u300c\u771f\u3093\u4e2d\u300d\u306e\u90e8\u5206\u304c\u898b\u3048\u3066\u3044\u306a\u3044\u3068\u3001\u3042\u306a\u305f\u306b\u306f Bob \u306e\u5074\uff08Bob \u304c\u4e3b\u5f35\u3059\u308b\u3053\u3068\uff09\u3068 Alice \u306e\u5074\uff08Alice \u304c\u4e3b\u5f35\u3059\u308b\u3053\u3068\uff09\u306f\u898b\u3048\u3066\u3082\u3001\u771f\u3093\u4e2d\u304c\u898b\u3048\u306a\u3044\u3002\u305d\u3057\u3066\u305d\u306e\u771f\u3093\u4e2d\u306b\u306f\u30012\u301c3\u30c0\u30fc\u30b9\uff08\u6570\u5341\uff09\u3082\u306e\u95a2\u4fc2\u8005\u304c\u95a2\u308f\u3063\u3066\u3044\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002\u305d\u306e\u3046\u3061\u306e\u8ab0\u304b\u4e00\u4eba\u304c\u5618\u3092\u3064\u3051\u3070\u3001\u305f\u3068\u3048 Alice \u304c\u5b8c\u5168\u306b\u6b63\u76f4\u3067\u3001Bob \u3082\u5b8c\u5168\u306b\u6b63\u76f4\u3067\u3042\u3063\u3066\u3082\u3001\u53d6\u5f15\u306f\u5d29\u308c\u3066\u3057\u307e\u3046\u3002\u7b2c\u4e09\u8005\u306e\u8ab0\u304b\u304c\u7834\u7dbb\u3059\u308c\u3070\u3001\u305d\u308c\u3067\u7d42\u308f\u308a\u306a\u306e\u3067\u3059\u3002\u3067\u3059\u304b\u3089\u3001\u79c1\u305f\u3061\u306e\u7523\u696d\u5168\u4f53\u306e\u30b4\u30fc\u30eb\u306f\u3001\u3053\u308c\u3089\u306e\u7b2c\u4e09\u8005\u3092\u3001\u4e16\u754c\u898f\u6a21\u3067\u7e2e\u5c0f\u3057\u3001\u3042\u308b\u3044\u306f\u53d6\u308a\u9664\u304f\u3053\u3068\u306b\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-0730b41\" id=\"e7ad94e38188e381afe3808ce69a97e58fb7e8b387e794a3e3808de381a7e38282e3808ce38396e383ade38383e382afe38381e382a7e383bce383b3e3808de381a7-15\">\u7b54\u3048\u306f\u300c\u6697\u53f7\u8cc7\u7523\u300d\u3067\u3082\u300c\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u300d\u3067\u3082\u306a\u3044\u2500\u2500\u6838\u5fc3\u306f\u300c\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u300d<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-73ce449\">\u3053\u3053\u3067\u3088\u304f\u3042\u308b\u8aa4\u89e3\u304c\u3042\u308a\u307e\u3059\u3002\u4eba\u3005\u306f\u3001\u305d\u306e\u7b54\u3048\u304c\u300c\u6697\u53f7\u8cc7\u7523\uff08cryptocurrency\uff09\u300d\u3060\u3068\u601d\u3063\u3066\u3044\u308b\u3002\u6697\u53f7\u8cc7\u7523\u306f\u5f79\u5272\u3092\u679c\u305f\u3057\u307e\u3059\u3057\u3001\u3068\u3066\u3082\u91cd\u8981\u3067\u3059\u3002\u3057\u304b\u3057\u3001\u305d\u308c\u306f\u89e3\u6c7a\u7b56\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u3042\u308b\u3044\u306f\u300c\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u3053\u305d\u304c\u89e3\u6c7a\u7b56\u3060\u300d\u3068\u8a00\u3046\u4eba\u3082\u591a\u3044\u3002\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u3082\u975e\u5e38\u306b\u91cd\u8981\u3067\u3001\u5f79\u5272\u3092\u679c\u305f\u3057\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u305d\u308c\u3082\u89e3\u6c7a\u7b56\u3067\u306f\u306a\u3044\u306e\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block 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class=\"wp-block-heading deb-core-block deb-block-c903c27\" id=\"e68a95e7a5a8e381aee4be8be381a7e79086e8a7a3e38199e3828b-16\">\u6295\u7968\u306e\u4f8b\u3067\u7406\u89e3\u3059\u308b<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-a607dbc\">\u4f8b\u3092\u4f7f\u3063\u3066\u3001\u3053\u306e\u6982\u5ff5\u3092\u306f\u3063\u304d\u308a\u3055\u305b\u307e\u3057\u3087\u3046\u3002Bob \u304c\u6295\u7968\u3057\u305f\u3044\u3068\u3057\u307e\u3059\u3002Bob \u306f\u3069\u3046\u3059\u308b\u304b\u3002\u6295\u7968\u7528\u7d19\u306b\u8a18\u5165\u3057\u3001\u305d\u308c\u3092\u63d0\u51fa\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-256fa67\">\u901a\u5e38\u3067\u3042\u308c\u3070\u3001\u305d\u308c\u306f\u300c\u5f7c\u304c\u7528\u7d19\u306b\u4f55\u304b\u3092\u66f8\u304d\u8fbc\u307f\u3001\u305d\u308c\u3092\u3069\u3053\u3068\u3082\u3057\u308c\u306c\u5834\u6240\u3078\u9001\u308a\u3001\u305d\u3057\u3066\u4fe1\u983c\u3055\u308c\u305f\u7b2c\u4e09\u8005\uff08TTP\uff1dtrusted third 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deb-block-6e1b918\">\u3064\u307e\u308a\u3001\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u306f\u3001\u53d6\u5f15\u305d\u306e\u3082\u306e\u306b\u52a0\u3048\u3066\u3001\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u306e\u69cb\u9020\u305d\u308c\u81ea\u4f53\u306e\u4e2d\u306b\u3082\u5bbf\u3063\u3066\u3044\u308b\u3002\u305d\u3057\u3066\u901a\u5e38\u3001\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u306f\u4e0d\u5909\uff08immutable\uff09\u3067\u3059\u3002\u3044\u3063\u305f\u3093\u305d\u3053\u306b\u5165\u3063\u305f\u3082\u306e\u306f\u3001\u6c38\u4e45\u306b\u305d\u3053\u306b\u5728\u308a\u7d9a\u3051\u3001\u8ab0\u3082\u53d6\u308a\u51fa\u305b\u307e\u305b\u3093\u3002\u3060\u304b\u3089\u3001\u3053\u308c\u3089\u3059\u3079\u3066\u3092\u5165\u308c\u3066\u304a\u304f\u306b\u306f\u3001\u5b9f\u306b\u512a\u308c\u305f\u300c\u30d0\u30b1\u30c4\uff08\u53d7\u3051\u76bf\uff09\u300d\u306a\u306e\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-54cecc2\">\u3057\u304b\u3057\u3001\u3082\u3057\u30b7\u30b9\u30c6\u30e0\u306e\u4e2d\u306b\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u3092\u57cb\u3081\u8fbc\u3080\u80fd\u529b\u304c\u306a\u3051\u308c\u3070\u3001\u7d50\u5c40\u3042\u306a\u305f\u306f\u4f55\u3082\u5f97\u3089\u308c\u307e\u305b\u3093\u3002\u300c\u30b4\u30df\u3092\u5165\u308c\u308c\u3070\u30b4\u30df\u304c\u51fa\u3066\u304f\u308b\uff08garbage in, garbage out\uff09\u300d\u3060\u304b\u3089\u3067\u3059\u3002\u3060\u304b\u3089\u3053\u305d\u3001\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u306f\u30b9\u30de\u30fc\u30c8\u30b3\u30f3\u30c8\u30e9\u30af\u30c8\u3068\u7d44\u307f\u5408\u308f\u3055\u308c\u3066\u3044\u308b\u306e\u3067\u3059\u3002\u3053\u308c\u304c\u4e00\u3064\u306e\u30ec\u30d9\u30eb\u3002\u305d\u3057\u3066\u3082\u3046\u4e00\u3064\u306e\u30ec\u30d9\u30eb\u304c\u3001\u30bc\u30ed\u77e5\u8b58\u8a3c\u660e\uff08zero knowledge 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deb-block-24ec298\">\u3082\u3057\u3053\u306e\u30b7\u30b9\u30c6\u30e0\u304c\u4fe1\u983c\u3055\u308c\u308b\u3079\u304d\u3082\u306e\u306a\u3089\u3001\u79c1\u305f\u3061\u306f\u30b7\u30b9\u30c6\u30e0\u3092\u5206\u6563\u5316\uff08decentralized\uff09\u3055\u305b\u305f\u3044\u3002\u3057\u304b\u3057\u3001\u305d\u306e\u5206\u6563\u5316\u306b\u306f\u3001\u4f55\u304b\uff08\u8ab0\u304b\uff09\u304c\u5bfe\u4fa1\u3092\u6255\u308f\u306d\u3070\u306a\u308a\u307e\u305b\u3093\u3002\u3053\u306e\u4ed5\u7d44\u307f\u5168\u4f53\u3092\u52d5\u304b\u3059\u305f\u3081\u306b\u3001\u8a08\u7b97\u8cc7\u6e90\u3001\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u3001\u30c7\u30fc\u30bf\u3001\u305d\u306e\u4ed6\u3042\u3089\u3086\u308b\u3082\u306e\u306b\u3001\u4f55\u304b\u304c\u5bfe\u4fa1\u3092\u6255\u308f\u306d\u3070\u306a\u3089\u306a\u3044\u3002\u305d\u3053\u3067\u3001\u3082\u3057\u6697\u53f7\u8cc7\u7523\u304c\u3042\u308c\u3070\u2014\u2014\u30c8\u30fc\u30af\u30f3\u304c\u3042\u308a\u3001\u305d\u306e\u30c8\u30fc\u30af\u30f3\u306b\u4fa1\u5024\u304c\u3042\u308c\u3070\u2014\u2014\u305d\u306e\u30c8\u30fc\u30af\u30f3\u3092\u901a\u8ca8\u3068\u3057\u3066\u7528\u3044\u3066\u3001\u30a4\u30f3\u30d5\u30e9\u306e\u7dad\u6301\u306b\u5bfe\u4fa1\u3092\u6255\u3046\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-3135ea3\" id=\"e69ca8e38292e8a68be381a6e6a3aee38292e8a68be3819ae29480e29480e6acb2e38197e38184e381aee381afe3808ce382a4e383b3e38395e383a9e3808de381a7-19\">\u6728\u3092\u898b\u3066\u68ee\u3092\u898b\u305a\u2500\u2500\u6b32\u3057\u3044\u306e\u306f\u300c\u30a4\u30f3\u30d5\u30e9\u300d\u3067\u306f\u306a\u304f\u300c\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u300d<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-2b33996\">\u3057\u304b\u3057\u7686\u3055\u3093\u3001\u79c1\u306f\u3053\u3046\u601d\u3046\u306e\u3067\u3059\u3002\u4eba\u3005\u306f\u3053\u306e\u3059\u3079\u3066\u3092\u898b\u308b\u3068\u304d\u3001\u6728\u3092\u898b\u3066\u68ee\u3092\u898b\u3066\u3044\u306a\u3044\u3001\u3068\u3002\u4eba\u3005\u306f\u3042\u307e\u308a\u306b\u3001\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u306e\u300c\u7dad\u6301\u306b\u5bfe\u4fa1\u3092\u6255\u3046\u3053\u3068\u300d\u3060\u3051\u306b\u53d6\u308a\u6191\u304b\u308c\u3066\u3057\u307e\u3063\u3066\u3044\u307e\u3059\u3002\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u304c\u30de\u30a4\u30cb\u30f3\u30b0\u5831\u916c\u3067\u3084\u3063\u3066\u3044\u308b\u3088\u3046\u306b\u3002\u3042\u308c\u306f\u305f\u3060\u3001\u305d\u308c\uff08\u30c1\u30a7\u30fc\u30f3\uff09\u306e\u7dad\u6301\u306b\u5bfe\u4fa1\u3092\u6255\u3063\u3066\u3044\u308b\u3060\u3051\u3067\u3059\u3002\u3057\u304b\u3082\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306b\u306f\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u304c\u3042\u308a\u307e\u305b\u3093\u3002\u30b9\u30b1\u30fc\u30eb\u3059\u308b\u5f62\u3067\u3001\u5951\u7d04\u3084\u8a3c\u660e\u3092\u305d\u306e\u4e2d\u306b\u57cb\u3081\u8fbc\u3080\u3053\u3068\u304c\u3067\u304d\u306a\u3044\u3002\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3067\u4f55\u304b\u3092\u3059\u308b\u306e\u306f\u3001\u975e\u5e38\u306b\u96e3\u3057\u3044\u306e\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-8843bdc\">\u4eba\u3005\u306f\u898b\u843d\u3068\u3057\u3066\u3044\u307e\u3059\u3002\u3042\u306a\u305f\u304c\u63a2\u3057\u6c42\u3081\u3066\u3044\u308b\u306e\u306f\u3001\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u3067\u306f\u306a\u3044\u3002\u6697\u53f7\u8cc7\u7523\u3067\u3082\u306a\u3044\u3002\u6697\u53f7\u8cc7\u7523\u306f\u3001\u30a4\u30f3\u30d5\u30e9\u306e\u7dad\u6301\u306b\u5bfe\u4fa1\u3092\u6255\u3046\u305f\u3081\u306e\u300c\u9053\u5177\uff08instrument\uff09\u300d\u3067\u3059\u3002\u3051\u308c\u3069\u3001\u3042\u306a\u305f\u304c\u672c\u5f53\u306b\u7dad\u6301\u3057\u305f\u3044\u306e\u306f\u3001\u30a4\u30f3\u30d5\u30e9\u3067\u306f\u306a\u3044\u3002\u3042\u306a\u305f\u304c\u7dad\u6301\u3057\u305f\u3044\u306e\u306f\u300c\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\uff08ecosystem\uff09\u300d\u306a\u306e\u3067\u3059\u3002\u3053\u306e\u8a00\u8449\u3092\u3001\u3053\u308c\u304b\u3089\u4f55\u5ea6\u3082\u7e70\u308a\u8fd4\u3057\u8033\u306b\u3059\u308b\u3053\u3068\u306b\u306a\u308b\u3067\u3057\u3087\u3046\u3002\u305d\u3057\u3066\u3001\u305d\u308c\u306b\u306f\u3061\u3083\u3093\u3068\u3057\u305f\u5b9a\u7fa9\u304c\u3042\u308a\u307e\u3059\u3002\u79c1\u306e\u53cb\u4eba\u306e Adam \u304c\u8003\u3048\u51fa\u3057\u305f\u3082\u306e\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-0da4b8d\" id=\"e3808ce382a8e382b3e382b7e382b9e38386e383a0e3808de381aee5ae9ae7bea9-20\">\u300c\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u300d\u306e\u5b9a\u7fa9<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-b26eee6\">\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u3068\u306f\u2014\u2014\u5b9f\u969b\u306e\u5b9a\u7fa9\u306f\u3053\u3046\u3067\u3059\u2014\u2014\u300c\u52d5\u7684\u306a\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\uff08dynamic network\uff09\u300d\u3067\u3059\u3002\u52d5\u7684\u3001\u3064\u307e\u308a\u9759\u7684\u3067\u306f\u306a\u3044\u3002\u5909\u5316\u3057\u7d9a\u3051\u308b\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u3002\u300c\u76f8\u4e92\u4f9d\u5b58\u3059\u308b\u30a2\u30af\u30bf\u30fc\uff08interdependent actors\uff09\u300d\u304b\u3089\u306a\u308a\u3001\u305d\u308c\u3089\u304c\u300c\u81ea\u3089\u306e\u74b0\u5883\u3068\u3068\u3082\u306b\u5171\u9032\u5316\uff08co-evolve\uff09\u300d\u3057\u3001\u300c\u5275\u767a\u7684\u306a\u632f\u308b\u821e\u3044\uff08emergent behavior\uff09\u300d\u3068\u300c\u5206\u6563\u7684\u306a\u4e3b\u4f53\u6027\uff08decentralized agency\uff09\u300d\u306b\u3088\u3063\u3066\u7279\u5fb4\u3065\u3051\u3089\u308c\u308b\u3001\u52d5\u7684\u306a\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-998dc87\">\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u306f\u78ba\u304b\u306b\u3053\u306e\u4e00\u90e8\u3067\u3059\u3002\u79c1\u305f\u3061\u306e\u4ed5\u7d44\u307f\u306b\u306f I\u30fbU\u30fbE \u304c\u3042\u308a\u307e\u3059\u3002\u30a4\u30f3\u30d5\u30e9\uff08Infrastructure\uff09\u3001\u30e6\u30fc\u30c6\u30a3\u30ea\u30c6\u30a3\uff08Utility\uff09\u3001\u305d\u3057\u3066\u30a8\u30af\u30b9\u30da\u30ea\u30a8\u30f3\u30b9\uff08Experience\uff09\u3067\u3059\u3002\u30a4\u30f3\u30d5\u30e9\u3092\u7dad\u6301\u3059\u308b\u30a2\u30af\u30bf\u30fc\u304c\u3044\u308b\u3002\u30e6\u30fc\u30c6\u30a3\u30ea\u30c6\u30a3\u2014\u2014\u30c1\u30a7\u30fc\u30f3\u304c\u3067\u304d\u308b\u3053\u3068\u2014\u2014\u304c\u3042\u308b\u3002\u305d\u3057\u3066\u3001\u305d\u308c\u3089\u306e\u4f53\u9a13\u3092\u53ef\u80fd\u306b\u3059\u308b\u4eba\u3005\u304c\u3044\u308b\u3002\u5f7c\u3089\u306f\u4e92\u3044\u306b\u7d50\u3073\u3064\u304d\u5408\u3044\u3001\u81ea\u3089\u306e\u74b0\u5883\u3068\u3068\u3082\u306b\u5171\u9032\u5316\u3057\u3066\u3044\u308b\u3002\u305d\u306e\u74b0\u5883\u3068\u306f\u3001\u3088\u308a\u5e83\u3044\u6697\u53f7\u8cc7\u7523\u7a7a\u9593\u3068\u3001Circle \u3084 Tether 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deb-block-7fa40b7\">\u305d\u3057\u3066\u3001\u79c1\u305f\u3061\u304c\u6c17\u306b\u304b\u3051\u308b\u3001\u3044\u304f\u3064\u304b\u306e\u632f\u308b\u821e\u3044\u304c\u3042\u308a\u307e\u3059\u3002\u300c\u81ea\u5df1\u6cbb\u7652\uff08self-healing\uff09\u300d\u2014\u2014\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u304c\u6253\u6483\u3092\u53d7\u3051\u3001\u5185\u90e8\u306e\u4f55\u304b\u304c\u6b7b\u3093\u3067\u3082\u3001\u305d\u306e\u554f\u984c\u3092\u81ea\u3089\u89e3\u6c7a\u3067\u304d\u308b\u3002\u300c\u81ea\u5df1\u6700\u9069\u5316\uff08self-optimizing\uff09\u300d\u2014\u2014\u8cc7\u6e90\uff08\uff1d\u6697\u53f7\u8cc7\u7523\uff09\u306e\u300c\u91cf\u300d\u3068\u300c\u4fa1\u5024\u300d\u306b\u3064\u3044\u3066\u3001\u5275\u767a\u7684\u632f\u308b\u821e\u3044\u3092\u4fc3\u3059\u305f\u3081\u306b\u8cbb\u3084\u3059\u91cf\u306f\u6e1b\u3063\u3066\u3044\u304d\u3001\u4fa1\u5024\u306f\u81ea\u7136\u306b\u4e0a\u304c\u3063\u3066\u3044\u304f\u3002\u305d\u3057\u3066\u300c\u81ea\u5df1\u65b9\u5411\u3065\u3051\uff08self-directing\uff09\u300d\u2014\u2014\u30b4\u30fc\u30eb\u304c\u3042\u308a\u3001\u305d\u308c\u306b\u5411\u3051\u3066\u6226\u7565\u3092\u7acb\u3066\u3001KPI \u3092\u8ffd\u3044\u3001\u9054\u6210\u3059\u308b\u3002\u8fd1\u3065\u304f\u307b\u3069\u306b\u81ea\u5df1\u6700\u9069\u5316\u3057\u3001\u60aa\u3044\u3053\u3068\u304c\u8d77\u304d\u308c\u3070\u81ea\u5df1\u6cbb\u7652\u3059\u308b\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-d4b9915\">\u3064\u307e\u308a\u3001\u53b3\u5bc6\u306b\u300c\u8907\u96d1\u9069\u5fdc\u7cfb\uff08complex adaptive system\uff09\u300d\u306e\u8996\u70b9\u304b\u3089\u898b\u308c\u3070\u3001\u3042\u306a\u305f\u304c\u6b32\u3057\u3044\u306e\u306f\u6697\u53f7\u8cc7\u7523\u3067\u3082\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u3067\u3082\u306a\u304f\u3001\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306a\u306e\u3067\u3059\u3002\u5f7c\u3089\u306f\u5206\u6563\u7684\u306a\u4e3b\u4f53\u6027\u3092\u6301\u3064\u3001\u3064\u307e\u308a\u3001\u305f\u3060\u4e00\u4eba\u306e\u30a2\u30af\u30bf\u30fc\u304c\u6c7a\u5b9a\u3092\u4e0b\u3059\u306e\u3067\u306f\u306a\u3044\u3002\u305d\u306e\u76ee\u7684\u306e\u305f\u3081\u306e\u3001\u4f55\u3089\u304b\u306e\u5206\u6563\u7684\u306a\u30ac\u30d0\u30ca\u30f3\u30b9\u304c\u3042\u308b\u3002\u30b4\u30fc\u30eb\u306f\u3001\u3042\u3089\u3086\u308b\u3082\u306e\u306b\u5bfe\u3057\u3066\u3001\u53ef\u80fd\u306a\u304b\u304e\u308a\u6700\u5927\u306e\u300c\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u300d\u306e\u96c6\u5408\u3092\u4f5c\u308a\u51fa\u3059\u3053\u3068\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-4da912f\" id=\"e381aae3819c-cardano-e381a0e38191e381aae381aee3818be29480e29480e291a0e58886e695a3e58c96e381aee382a8e383b3e382b8e383b3e3808couroborose3808d-22\">\u306a\u305c Cardano \u3060\u3051\u306a\u306e\u304b\u2500\u2500\u2460\u5206\u6563\u5316\u306e\u30a8\u30f3\u30b8\u30f3\u300cOuroboros\u300d<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-26592f3\">\u3067\u306f\u554f\u3044\u306f\u3053\u3046\u3067\u3059\u3002\u300c\u306a\u305c Cardano \u3060\u3051\u304c\u3001\u3053\u308c\u3092\u6210\u3057\u5f97\u308b\u306e\u304b?\u300d10\u5e74\u306b\u308f\u305f\u308b\u7814\u7a76\u958b\u767a\u306f\u3001\u5de7\u5999\u306a\u30d7\u30ed\u30c8\u30b3\u30eb\u3092\u30d0\u30e9\u30d0\u30e9\u306b\u91cf\u7523\u3057\u305f\u306e\u3067\u306f\u306a\u304f\u3001\u5b9f\u306b\u6ce8\u610f\u6df1\u3044\u601d\u8003\u304c\u6ce8\u304e\u8fbc\u307e\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-66e4dc5\">\u7b2c\u4e00\u306b\u3001\u300c\u5206\u6563\u5316\u306e\u30a8\u30f3\u30b8\u30f3\u300d\u3092\u6301\u305f\u306d\u3070\u306a\u308a\u307e\u305b\u3093\u3002\u5206\u6563\u5316\u304c\u306a\u3051\u308c\u3070\u3001\u5206\u6563\u7684\u306a\u4e3b\u4f53\u6027\u304c\u5931\u308f\u308c\u3001\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u5168\u4f53\u304c\u3001\u3054\u304f\u5c11\u6570\u306e\u652f\u914d\u8005\u30fb\u610f\u601d\u6c7a\u5b9a\u8005\u306e\u96c6\u307e\u308a\u3078\u3068\u5d29\u308c\u843d\u3061\u307e\u3059\u3002\u3059\u308b\u3068\u3001\u4fe1\u983c\u3055\u308c\u305f\u7b2c\u4e09\u8005\u3092\u53d6\u308a\u9664\u304f\u80fd\u529b\u3092\u5931\u3044\u3001\u3080\u3057\u308d\u62db\u304d\u5165\u308c\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-81331d6\">\u305d\u306e\u5206\u6563\u5316\u306e\u30a8\u30f3\u30b8\u30f3\u3053\u305d\u304c\u3001Ouroboros \u30d7\u30ed\u30c8\u30b3\u30eb\u3067\u3059\u3002Ouroboros \u306f\u5358\u306a\u308b\u79d1\u5b66\u5b9f\u9a13\u3067\u306f\u306a\u304f\u3001\u300c\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u306e\u30b8\u30ec\u30f3\u30de\uff08\u30c8\u30ea\u30ec\u30f3\u30de\uff09\u300d\u3092\u89e3\u304f\u305f\u3081\u306b\u4f5c\u308a\u8fbc\u307e\u308c\u305f\u3082\u306e\u3067\u3059\u3002Leios \u3084 Praos \u304c\u9023\u308c\u3066\u884c\u3053\u3046\u3068\u3057\u3066\u3044\u308b\u5148\u3067\u3001\u79c1\u305f\u3061\u304c\u624b\u306b\u3057\u3064\u3064\u3042\u308b\u306e\u306f\u3001\u300c\u9ad8\u901f\u306a\u30d5\u30a1\u30a4\u30ca\u30ea\u30c6\u30a3\u300d\u3068\u300c\u7121\u9650\u306e\u30b9\u30b1\u30fc\u30e9\u30d3\u30ea\u30c6\u30a3\u300d\u3067\u3059\u3002\u3057\u304b\u3082\u3001\u30b9\u30b1\u30fc\u30eb\u3059\u308c\u3070\u3059\u308b\u307b\u3069\u3001\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u6c34\u6e96\u3092\u4fdd\u3063\u305f\u307e\u307e\u3001\u5206\u6563\u5316\u306e\u5ea6\u5408\u3044\u304c\u4e0a\u304c\u3063\u3066\u3044\u304f\u3002\u305d\u3057\u3066\u81ea\u5df1\u6700\u9069\u5316\u306b\u3064\u3044\u3066\u8a00\u3048\u3070\u3001\u6210\u9577\u3055\u305b\u308b\u30b3\u30b9\u30c8\u306f\u6642\u9593\u3068\u3068\u3082\u306b\u4e0b\u304c\u3063\u3066\u3044\u304d\u307e\u3059\u3002\u4ed6\u306e\u3069\u306e\u30d7\u30ed\u30c8\u30b3\u30eb\u3082\u3001\u672c\u5f53\u306e\u610f\u5473\u3067\u3053\u306e\u6027\u8cea\u3092\u6301\u3063\u3066\u3044\u307e\u305b\u3093\u3002\u591a\u304f\u306f\u4f4e\u30b3\u30b9\u30c8\u30fb\u9ad8\u6027\u80fd\u306b\u6700\u9069\u5316\u3055\u308c\u308b\u4ee3\u308f\u308a\u306b\u3001\u5206\u6563\u5316\u3067\u9006\u65b9\u5411\u306b\u9032\u3093\u3067\u3057\u307e\u3063\u305f\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-374de87\">\u305d\u306e\u884c\u304d\u7740\u304f\u5148\u304c\u3001\u3044\u308f\u3086\u308b Web2.5 \u306e\u7a7a\u9593\u3067\u3059\u3002Canton\uff08\u30ab\u30f3\u30c8\u30f3\uff09\u306e\u3088\u3046\u306a\u3082\u306e\u3001\u6570\u591a\u304f\u51fa\u3066\u304d\u3066\u3044\u308b\u300c\u30b3\u30f3\u30bd\u30fc\u30b7\u30a2\u30e0\u578b\u30c1\u30a7\u30fc\u30f3\u300d\u304c\u305d\u3046\u3067\u3059\u3002\u3042\u308c\u306f\u57fa\u672c\u7684\u306b\u300c\u8a31\u53ef\u5236\uff08permission set\uff09\u300d\u3067\u3001\u8ab0\u304c\u305d\u3053\u306b\u3044\u308b\u304b\u3092\u5f7c\u3089\u304c\u544a\u3052\u3001\u53d6\u5f15\u306b KYC \u3084 AML \u3092\u884c\u3044\u3001OFAC \u30b3\u30f3\u30d7\u30e9\u30a4\u30a2\u30f3\u30b9\u3092\u898b\u308b\u3002\u904b\u7528\u8005\u306f KYB \u3055\u308c\u3001\u53d6\u5f15\u3092\u6c7a\u6e08\u3059\u308b\u524d\u306b\u300c\u7c73\u56fd\u304c\u554f\u984c\u306a\u3044\u3068\u8a8d\u3081\u308b\u304b\u300d\u3092\u78ba\u304b\u3081\u308b\u3002\u3053\u308c\u306f\u3001\u5206\u6563\u7684\u306a\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u3068\u306f\u6b63\u53cd\u5bfe\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-740e415\">Ouroboros \u306f\u300c\u307b\u307c\u5b8c\u6210\u300d\u3057\u3066\u304a\u308a\u3001\u5e74\u672b\u306b\u306f\u5b8c\u5168\u306b\u4ed5\u4e0a\u304c\u308a\u307e\u3059\u3002\u3053\u308c\u3092\u7a81\u304d\u6b62\u3081\u308b\u306e\u306b\u3001\u7d0410\u5e74\u306e\u8840\u3068\u6c57\u3068\u6d99\u304c\u304b\u304b\u308a\u307e\u3057\u305f\u3002\u30ea\u30ad\u30c3\u30c9\u3067\u975e\u30ab\u30b9\u30c8\u30c7\u30a3\u30a2\u30eb\u306a\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\uff08liquid non-custodial staking\uff09\u306a\u3069\u3001\u30dc\u30bf\u30f3\u3092\u4e00\u3064\u62bc\u3059\u3060\u3051\u3067\u53c2\u52a0\u3067\u304d\u308b\u7d20\u6674\u3089\u3057\u3044\u6027\u8cea\u3002\u3053\u308c\u304c\u4e00\u3064\u76ee\u306e\u4e3b\u8981\u306a\u69cb\u6210\u8981\u7d20\u3067\u3042\u308a\u3001Cardano \u306b\u56fa\u6709\u306e\u3082\u306e\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-d3ee008\" id=\"e291a1e6ada3e38197e38184e4bc9ae8a888e383a2e38387e383abe29480e29480eutxo-e381a8e3808ce38381e383a3e3838de383abe5908ce59e8be680a7e3808d-23\">\u2461\u6b63\u3057\u3044\u4f1a\u8a08\u30e2\u30c7\u30eb\u2500\u2500eUTXO \u3068\u300c\u30c1\u30e3\u30cd\u30eb\u540c\u578b\u6027\u300d<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-df7d63f\">\u7b2c\u4e8c\u306e\u69cb\u6210\u8981\u7d20\u306f\u3001\u300c\u6b63\u3057\u3044\u4f1a\u8a08\u30e2\u30c7\u30eb\u300d\u3067\u3059\u3002Satoshi Nakamoto \u306f UTXO \u3092\u8003\u6848\u3057\u307e\u3057\u305f\u304c\u3001\u5b8c\u5168\u306b\u306f\u89e3\u304d\u5207\u3089\u306a\u304b\u3063\u305f\u3002UTXO \u306e\u300c\u30ec\u30b8\u4f1a\u8a08\u300d\u306b\u306f\u3001\u300c\u30ed\u30fc\u30ab\u30eb\uff1d\u30b0\u30ed\u30fc\u30d0\u30eb\uff08local equals global\uff09\u300d\u3068\u3044\u3046\u9a5a\u304f\u3079\u304d\u6027\u8cea\u304c\u3042\u308a\u307e\u3059\u3002\u3042\u306a\u305f\u306e\u30b3\u30f3\u30d4\u30e5\u30fc\u30bf\u30fc\u4e0a\u3067\u898b\u3048\u3066\u3044\u308b\u3082\u306e\u304c\u3001\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u304c\u898b\u3066\u3044\u308b\u3082\u306e\u3068\u540c\u3058\u3067\u3042\u308b\u3001\u3068\u3044\u3046\u3053\u3068\u3002\u305d\u306e\u300c\u30ed\u30fc\u30ab\u30eb\u306e\u6c7a\u5b9a\u8ad6\u300d\u306f\u3001Ethereum \u3084\u305d\u306e\u4ed6\u306e\u591a\u304f\u306e\u30b7\u30b9\u30c6\u30e0\u306b\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u98df\u3044\u9055\u3044\u304c\u3042\u308b\u3068\u3001\u305d\u306e\u5dee\u3092\u51e6\u7406\u3059\u308b\u305f\u3081\u306b\u4fe1\u983c\u3055\u308c\u305f\u7b2c\u4e09\u8005\u304c\u5fc5\u8981\u306b\u306a\u308b\u3002\u3051\u308c\u3069\u30b4\u30fc\u30eb\u306f\u7b2c\u4e09\u8005\u306e\u9664\u53bb\u3067\u3059\u304b\u3089\u3001\u305d\u308c\u306f\u907f\u3051\u305f\u3044\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-804a22e\">UTXO \u306b\u306f\u3042\u3068\u4e8c\u3064\u306e\u6027\u8cea\u304c\u5fc5\u8981\u3067\u3057\u305f\u3002\u4e00\u3064\u306f\u3001\u982d\u306b\u300cE\u300d\u3092\u4ed8\u3051\u308b\u3053\u3068\u3002\u62e1\u5f35 UTXO\uff08eUTXO\uff09\u3067\u3059\u3002\u305d\u306e E \u304c\u3001\u30d7\u30ed\u30b0\u30e9\u30de\u30d3\u30ea\u30c6\u30a3\u3092\u53ef\u80fd\u306b\u3057\u307e\u3059\u3002\u3053\u308c\u306f\u672c\u5f53\u306b\u96e3\u3057\u304f\u3001\u307e\u3063\u305f\u304f\u65b0\u3057\u3044\u30d7\u30ed\u30b0\u30e9\u30df\u30f3\u30b0\u306e\u6982\u5ff5\u3092\u30bc\u30ed\u304b\u3089\u7bc9\u304d\u4e0a\u3052\u306d\u3070\u306a\u308a\u307e\u305b\u3093\u3067\u3057\u305f\u304c\u3001\u4eca\u3067\u306f\u304b\u306a\u308a\u7c21\u5358\u306b\u306a\u308a\u3001\u597d\u304d\u306a\u8a00\u8a9e\u3092\u4f7f\u3048\u308b\u3088\u3046\u306b\u306a\u308a\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-a8c60e2\">\u3082\u3046\u4e00\u3064\u306f\u3001\u300c\u30c1\u30e3\u30cd\u30eb\u540c\u578b\u6027\uff08channel isomorphism\uff09\u300d\u3067\u3059\u3002\u3042\u306a\u305f\u306f\u5916\u3078\u624b\u3092\u4f38\u3070\u3057\u3001\u30a2\u30d7\u30ea\u30b1\u30fc\u30b7\u30e7\u30f3\u306b\u56fa\u6709\u306e\u3042\u3089\u3086\u308b\u7a2e\u985e\u306e\u300c\u30c9\u30e1\u30a4\u30f3\u300d\uff08DApp \u3084\u4f01\u696d\uff09\u306b\u51e6\u7406\u3092\u3055\u305b\u3001\u305d\u308c\u304c Cardano \u306b\u623b\u3063\u3066\u304f\u308b\u3068\u304d\u3001\u300c\u3042\u305f\u304b\u3082 Cardano \u4e0a\u3067\u3084\u3063\u305f\u304b\u306e\u3088\u3046\u306b\u300d\u6271\u3048\u308b\u3002\u3053\u308c\u304c\u300c\u7121\u9650\u306e\u30b9\u30b1\u30fc\u30eb\u300d\u3092\u751f\u307f\u307e\u3059\u3002RWA \u306e\u3088\u3046\u306a\u7279\u5316\u3057\u305f\u5546\u53d6\u5f15\u3084 OFAC \u30b3\u30f3\u30d7\u30e9\u30a4\u30a2\u30f3\u30b9\u3092\u5916\u3067\u51e6\u7406\u3057\u3001Cardano \u306b\u6301\u3061\u5e30\u308b\u3002\u305d\u308c\u3092\u4f53\u73fe\u3057\u3066\u3044\u308b\u306e\u304c Hydra \u30d7\u30ed\u30c8\u30b3\u30eb\u3067\u3042\u308a\u3001\u3059\u3067\u306b\u7a3c\u50cd\u3057\u3066\u3044\u307e\u3059\u3002Ethereum \u306f Plasma \u3067\u305d\u308c\u3092\u8a66\u307f\u30012018\u5e74\u4ee5\u6765\u53d6\u308a\u7d44\u307f\u307e\u3057\u305f\u304c\u3001\u6b63\u3057\u3044\u4f1a\u8a08\u30e2\u30c7\u30eb\u3092\u6301\u305f\u306a\u3044\u305f\u3081\u306b\u89e3\u3051\u307e\u305b\u3093\u3067\u3057\u305f\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-914f680\" id=\"e291a2e4b8bbe8a681e6a99fe883bde381aee383a2e382b8e383a5e383bce383abe680a7e29480e29480e3808ce38391e383bce38388e3838ae383bce38381e382a7-24\">\u2462\u4e3b\u8981\u6a5f\u80fd\u306e\u30e2\u30b8\u30e5\u30fc\u30eb\u6027\u2500\u2500\u300c\u30d1\u30fc\u30c8\u30ca\u30fc\u30c1\u30a7\u30fc\u30f3\u300d<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-220b34a\">\u6b21\u306b\u5fc5\u8981\u306a\u306e\u306f\u3001\u300c\u30e2\u30b8\u30e5\u30fc\u30eb\u6027\uff08modularity\uff09\u300d\u3067\u3059\u3002Nick Szabo \u306e\u300c\u592a\u3044\u30d7\u30ed\u30c8\u30b3\u30eb vs \u7d30\u3044\u30d7\u30ed\u30c8\u30b3\u30eb\u300d\u3092\u601d\u3044\u51fa\u3057\u3066\u304f\u3060\u3055\u3044\u3002\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u3067\u3084\u308a\u305f\u3044\u3053\u3068\u306e\u5e45\u3092\u5e83\u3052\u3066\u3044\u304f\u3068\u3001\u76f8\u4e92\u4f9d\u5b58\u3059\u308b\u30a2\u30af\u30bf\u30fc\u305f\u3061\u306f\u30a4\u30f3\u30d5\u30e9\u306b\u300c\u3082\u3063\u3068\u3001\u3082\u3063\u3068\u300d\u3068\u8981\u6c42\u3057\u3001\u30d7\u30ed\u30c8\u30b3\u30eb\u306f\u3069\u3093\u3069\u3093\u300c\u592a\u304f\u300d\u306a\u308b\u3002\u305d\u3057\u3066\u592a\u304f\u306a\u308b\u307b\u3069\u3001\u305d\u306e\u30d7\u30ed\u30c8\u30b3\u30eb\u3092\u4f7f\u3046\u5168\u54e1\u304c\u3001\u305d\u306e\u5168\u4f53\u306e\u5bfe\u4fa1\u3092\u6255\u308f\u3055\u308c\u308b\u3002\u5730\u5143\u306e\u5207\u624b\u53ce\u96c6\u30af\u30e9\u30d6\u306e\u305f\u3081\u306b\u3001\u3061\u3087\u3063\u3068\u3057\u305f DAO \u3092\u56de\u3057\u305f\u3044\u3060\u3051\u306e Alice \u3068 Bob \u304c\u3001\u300c\u4e16\u754c\u91d1\u878d\u30aa\u30da\u30ec\u30fc\u30c6\u30a3\u30f3\u30b0\u30fb\u30b7\u30b9\u30c6\u30e0\u300d\u5168\u4f53\u306e\u91cd\u8377\u3092\u80cc\u8ca0\u308f\u3055\u308c\u308b\u2014\u2014\u307e\u3063\u305f\u304f\u7b4b\u304c\u901a\u308a\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-ed79a9e\">\u671b\u307e\u3057\u3044\u306e\u306f\u300c\u7d30\u3044\u30d7\u30ed\u30c8\u30b3\u30eb\u300d\u3092\u6301\u3061\u3064\u3064\u3001\u300c\u30e2\u30b8\u30e5\u30fc\u30eb\u6027\u300d\u3092\u5099\u3048\u308b\u3053\u3068\u3067\u3059\u3002\u3042\u306a\u305f\u306e\u30d7\u30ed\u30c8\u30b3\u30eb\u306b\u7279\u5316\u3057\u305f\u30c9\u30e1\u30a4\u30f3\u3092\u5dee\u3057\u8fbc\u307f\u3001\u305d\u308c\u3089\u304c\u6a5f\u80fd\uff08\u30d7\u30e9\u30a4\u30d0\u30b7\u30fc\u3001\u5206\u6563\u30a4\u30f3\u30d5\u30e9\u3001\u65b0\u3057\u3044\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u80fd\u529b\u3001\u7279\u5316\u3057\u305f\u30ae\u30e3\u30f3\u30d6\u30eb\u7528\u30c9\u30e1\u30a4\u30f3\u3001\u898f\u5236\u5bfe\u5fdc\u3001CBDC \u5c02\u7528\u30c1\u30a7\u30fc\u30f3\u306a\u3069\uff09\u3092\u4ed8\u3051\u52a0\u3048\u308b\u3002\u3053\u308c\u3092 Cardano \u3067\u306f\u300c\u30d1\u30fc\u30c8\u30ca\u30fc\u30c1\u30a7\u30fc\u30f3\uff08partner chains\uff09\u300d\u3068\u547c\u3073\u307e\u3059\u3002\u4e00\u3064\u306e\u300c\u6c7a\u6e08\u5c64\u300d\u306b\u5bfe\u3057\u3001\u80fd\u529b\u3054\u3068\u306b\u578b\u4ed8\u3051\u3055\u308c\u305f\u591a\u6570\u306e\u300c\u8a08\u7b97\u5c64\u300d\u304c\u3042\u308b\u3002\u5dee\u3057\u8fbc\u3080\u3068\u3001\u305d\u306e\u80fd\u529b\u304c Cardano \u5168\u4f53\u3067\u30b0\u30ed\u30fc\u30d0\u30eb\u306b\u624b\u306b\u5165\u308b\u306e\u306b\u3001\u3042\u306a\u305f\u306f\u305d\u306e\u5bfe\u4fa1\u3092\u6255\u308f\u306a\u3044\u3002Cardano \u306f\u6bd4\u8f03\u7684\u300c\u7d30\u3044\u300d\u307e\u307e\u3001\u6a5f\u80fd\u306e\u9762\u3067\u306f\u7121\u9650\u306b\u62e1\u5f35\u53ef\u80fd\u306a\u306e\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-eec2c77\">\u3053\u308c\u3092\u3001\u6700\u521d\u306e\u4f8b\u3068\u3057\u3066 Midnight \u3067\u3084\u3063\u3066\u3044\u307e\u3059\u3002\u30d1\u30fc\u30c8\u30ca\u30fc\u30c1\u30a7\u30fc\u30f3\u306e\u7b2c\u4e00\u53f7\u3067\u3042\u308a\u3001\u6210\u9577\u3092\u7d9a\u3051\u3066\u3044\u307e\u3059\u3002Polkadot \u3084 Cosmos \u306a\u3069\u306e\u90e8\u5206\u7684\u306a\u89e3\u306f\u3001\u79c1\u305f\u3061\u3068\u540c\u3058\u300c\u30c7\u30e5\u30a2\u30eb\u30fb\u30c8\u30fc\u30af\u30ce\u30df\u30af\u30b9\u300d\u3092\u6301\u305f\u305a\u3001\u30a4\u30f3\u30d5\u30e9\u3082\u6301\u305f\u306a\u3044\u3002Cardano \u306e\u30d1\u30fc\u30c8\u30ca\u30fc\u30c1\u30a7\u30fc\u30f3\u306f\u3001\u3061\u3087\u3046\u3069\u6614\u306e\u300cHTML5 \u5bfe Flash\u300d\u306e\u3088\u3046\u306b\u30d9\u30f3\u30c0\u30fc\u30ed\u30c3\u30af\u3055\u308c\u3066\u304a\u3089\u305a\u3001\u6a5f\u80fd\u304c\u4e0d\u8981\u306b\u306a\u308c\u3070\u300c\u30d7\u30e9\u30b0\u3092\u629c\u3044\u3066\u53bb\u308b\u300d\u3053\u3068\u304c\u3067\u304d\u308b\u3002Cosmos \u3084 Polkadot \u3067\u306f\u305d\u308c\u304c\u3067\u304d\u305a\u3001\u57fa\u76e4\u5c64\u306b\u5f93\u5c5e\u7684\u3067\u3059\u3002\u3055\u3089\u306b\u30d1\u30fc\u30c8\u30ca\u30fc\u30c1\u30a7\u30fc\u30f3\u306f\u3001\u4ed6\u306e\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u3078\u306e\u300c\u9023\u7d50\u70b9\u300d\u306b\u306a\u308a\u307e\u3059\u3002\u305f\u3068\u3048\u3070 Midnight \u306f\u3001XRP \u3092\u3001Ethereum \u3092\u3001Solana \u3092 Cardano \u306b\u3082\u305f\u3089\u305d\u3046\u3068\u3057\u3066\u3044\u307e\u3059\u3002\u54f2\u5b66\u7684\u306b\u307e\u3063\u305f\u304f\u7570\u306a\u308b\u6a5f\u80fd\u2014\u2014Web2.5 \u30c1\u30a7\u30fc\u30f3\u3001\u8a31\u53ef\u5236\u30c1\u30a7\u30fc\u30f3\u3001\u898f\u5236\u5bfe\u5fdc\u30c1\u30a7\u30fc\u30f3\u2014\u2014\u307e\u3067\u3082\u304c\u542b\u307e\u308c\u308b\u306e\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-64a30d2\" id=\"e291a3e382ace38390e3838ae383b3e382b9e381a8e7b5b1e588b6e381aee58886e695a3e58c96e29480e29480e3819de38197e381a6e3808ce789b9e58c96efbc88-25\">\u2463\u30ac\u30d0\u30ca\u30f3\u30b9\u3068\u7d71\u5236\u306e\u5206\u6563\u5316\u2500\u2500\u305d\u3057\u3066\u300c\u7279\u5316\uff08\u5b9f\u884c\u6a5f\u80fd\uff09\u300d\u3068\u3044\u3046\u6b21\u306e\u6bb5\u968e<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-c803bd7\">\u305d\u3057\u3066\u56db\u3064\u76ee\u304c\u3001\u300c\u30ac\u30d0\u30ca\u30f3\u30b9\u3068\u7d71\u5236\u306e\u5206\u6563\u5316\u300d\u3067\u3059\u3002\u3053\u308c\u304c\u3044\u3061\u3070\u3093\u7269\u8b70\u3092\u91b8\u3057\u307e\u3059\u3002\u3088\u304f\u3042\u308b\u901a\u5ff5\u306f\u300c\u30ac\u30d0\u30ca\u30f3\u30b9\u3092\u5206\u6563\u5316\u3059\u308b\u3068\u30b7\u30b9\u30c6\u30e0\u306f\u6a5f\u80fd\u3057\u306a\u3044\u3002\u3060\u304b\u3089\u4e2d\u592e\u96c6\u6a29\u7684\u306a\u30a2\u30af\u30bf\u30fc\u304c\u5fc5\u8981\u3060\u300d\u3068\u3044\u3046\u3082\u306e\u3002\u79c1\u306f\u3001\u3053\u308c\u306f\u8907\u96d1\u9069\u5fdc\u7cfb\u3078\u306e\u8aa4\u89e3\u3060\u3068\u601d\u3044\u307e\u3059\u3002\u5fc5\u8981\u306a\u306e\u306f\u300c\u652f\u914d\u8005\u300d\u3067\u306f\u306a\u304f\u300c\u7279\u5316\uff08specialization\uff09\u300d\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-9b346c6\">\u3042\u306a\u305f\u306e\u8eab\u4f53\u306f\u3001\u5206\u6563\u7684\u306a\u6709\u6a5f\u4f53\u3067\u3059\u3002\u4e2d\u5fc3\u70b9\u304c\u3042\u308b\u306e\u3067\u306f\u306a\u304f\u3001\u5c02\u9580\u5316\u3057\u305f\u81d3\u5668\uff08\u8133\u30fb\u80ba\u30fb\u76ae\u819a\uff09\u306e\u96c6\u307e\u308a\u304c\u3001\u7dcf\u4f53\u3068\u3057\u3066\u300c\u4eba\u9593\u300d\u3068\u3044\u3046\u5275\u767a\u7684\u6027\u8cea\u3092\u751f\u3080\u3002Cardano \u306f\u3001\u30ac\u30d0\u30ca\u30f3\u30b9\u3068\u7d71\u5236\u306e\u5206\u6563\u5316\u3092\u307e\u3060\u5b8c\u5168\u306b\u306f\u3084\u308a\u7d42\u3048\u3066\u304a\u3089\u305a\u3001\u300c\u7279\u5316\u300d\u3092\u5b8c\u5168\u306b\u306f\u53d7\u3051\u5165\u308c\u3066\u3044\u306a\u3044\u3002\u305d\u306e\u7279\u5316\u3053\u305d\u304c\u3001\u79c1\u305f\u3061\u304c\u300c\u5b9f\u884c\u6a5f\u80fd\uff08executive function\uff09\u300d\u3068\u547c\u3076\u3082\u306e\u2014\u2014KPI \u306e\u9053\u3092\u898b\u3064\u3051\u3001\u6226\u7565\u306e\u9053\u3092\u898b\u3064\u3051\u3001\u6210\u9577\u3092\u6e2c\u308a\u3001\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u3092\u5f37\u304f\u5065\u3084\u304b\u306b\u4fdd\u3064\u3001\u5c02\u9580\u5316\u3057\u305f\u81d3\u5668\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-f356c8d\">Cardano \u306f\u3001\u7279\u5316\u3068\u5206\u6563\u578b\u30ac\u30d0\u30ca\u30f3\u30b9\u306e\u5275\u51fa\u306b\u5927\u304d\u304f\u6295\u8cc7\u3057\u3066\u304d\u307e\u3057\u305f\u3002\u305d\u308c\u306f\u300c\u61b2\u6cd5\uff08constitution\uff09\u300d\u3092\u6301\u3064\u552f\u4e00\u306e\u6697\u53f7\u8cc7\u7523\u3067\u3059\u3002\u30ea\u30ad\u30c3\u30c9\u30fb\u30c7\u30e2\u30af\u30e9\u30b7\u30fc\u3068\u30ea\u30ad\u30c3\u30c9\u30fb\u30d5\u30a3\u30fc\u30c9\u30d0\u30c3\u30af\u3092\u6301\u3061\u3001\u61b2\u6cd5\u59d4\u54e1\u4f1a\u3092\u6301\u3064\u3002\u305d\u3057\u3066\u69cb\u9020\u306e\u518d\u5e30\u7684\u306a\u9032\u5316\u3092\u901a\u3058\u3066\u3001\u305f\u3068\u3048\u3070\u4eca\u306f\u6b20\u3051\u3066\u3044\u308b\u300c\u4e88\u7b97\u6a5f\u80fd\uff08budget function\uff09\u300d\u3092\u4f5c\u308a\u51fa\u3059\u3002\u3053\u308c\u306f Intersect \u306e\u3088\u3046\u306a\u4e00\u3064\u306e\u300c\u6a5f\u95a2\u300d\u3067\u306f\u306a\u304f\u3001\u30d7\u30ed\u30c8\u30b3\u30eb\u306e\u30ec\u30d9\u30eb\u3067\u4f5c\u3089\u308c\u308b\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002\u6b21\u306b\u300c\u6226\u7565\u6a5f\u80fd\u300d\u3092\u4f5c\u308a\u3001KPI \u3092\u8ffd\u3046\u3002\u79c1\u306f\u5b9f\u969b\u306b AI\uff08Claude\uff09\u306b\u300c\u4e0a\u4f4d10 KPI\u300d\u3092\u751f\u6210\u3055\u305b\u3066\u307f\u307e\u3057\u305f\u2014\u2014\u624b\u6570\u6599\u3001\u30a2\u30af\u30c6\u30a3\u30d6\u958b\u767a\u8005\u6570\u3001\u30c1\u30a7\u30fc\u30f3\/\u30a2\u30d7\u30ea\u304c\u4fdd\u6301\u3059\u308b\u53ce\u76ca\u3001\u7d14\u767a\u884c\u3068\u5e0c\u8584\u5316\u3001\u30b9\u30c6\u30fc\u30d6\u30eb\u30b3\u30a4\u30f3\u4f9b\u7d66\u3001\u30a2\u30af\u30c6\u30a3\u30d6\u30a2\u30c9\u30ec\u30b9\u3001\u30b9\u30c6\u30fc\u30af\u6bd4\u7387\u3001TVL\u3001\u5206\u6563\u5316\u5ea6\u3001\u8abf\u6574\u5f8c\u79fb\u8ee2\u4fa1\u5024\u3002\u51fa\u767a\u70b9\u306f\u3069\u3053\u3067\u3082\u69cb\u3044\u307e\u305b\u3093\u3002Ethereum \u3082 Solana \u3082 Cardano \u3082\u3001\u6570\u5e74\u524d\u306f\u30bc\u30ed\u3067\u3057\u305f\u3002\u6b63\u3057\u3044\u30c0\u30a4\u30ca\u30df\u30af\u30b9\u304c\u3042\u308c\u3070\u3001\u81ea\u7136\u306b\u305d\u306e\u65b9\u5411\u3078\u6210\u9577\u3057\u3066\u3044\u3051\u308b\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-0092039\">\u4e3b\u8981\u6a5f\u80fd\u306e\u30e2\u30b8\u30e5\u30fc\u30eb\u6027\u304c\u3042\u308a\u3001\u30d1\u30fc\u30c8\u30ca\u30fc\u30c1\u30a7\u30fc\u30f3\u3067\u6a5f\u80fd\u3092\u7121\u9650\u306b\u62e1\u5f35\u3067\u304d\u3001\u6b63\u3057\u3044\u4f1a\u8a08\u30e2\u30c7\u30eb\u304c\u3042\u308a\u3001\u5206\u6563\u5316\u306e\u30a8\u30f3\u30b8\u30f3\u304c\u3042\u308b\u3002\u3053\u306e\u56db\u3064\u3092\u5408\u308f\u305b\u3066\u5099\u3048\u305f\u6697\u53f7\u8cc7\u7523\u306f\u3001\u4eca\u3053\u306e\u77ac\u9593\u3001\u4ed6\u306b\u4e00\u3064\u3082\u5b58\u5728\u3057\u307e\u305b\u3093\u3002\u3053\u308c\u306f\u5358\u306a\u308b\u4e8b\u5b9f\u3067\u3059\u3002\u5831\u9053\u6a5f\u95a2\u306b\u300cCharles Hoskinson \u306f\u4fa1\u683c\u3092\u6c17\u306b\u304b\u3051\u3066\u3044\u306a\u3044\u300d\u3068\u4f55\u5ea6\u3082\u8aa4\u3063\u3066\u63cf\u304b\u308c\u307e\u3059\u304c\u3001\u4fa1\u683c\u306f\u3053\u308c\u3089\u306e\u4f55\u4e00\u3064\u6e2c\u3063\u3066\u3044\u306a\u3044\u3002\u79c1\u306b\u3068\u3063\u3066\u5927\u4e8b\u306a\u306e\u306f\u3001\u3053\u306e\u300c\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u300d\u3068\u3044\u3046\u8056\u676f\u3067\u3059\u3002\u305d\u308c\u3055\u3048\u3042\u308c\u3070\u3001\u3042\u3089\u3086\u308b\u5546\u696d\u7684\u30fb\u793e\u4f1a\u7684\u53d6\u5f15\u304b\u3089\u3001\u4fe1\u983c\u3055\u308c\u305f\u7b2c\u4e09\u8005\u3092\u3059\u3079\u3066\u53d6\u308a\u9664\u3051\u308b\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-449c42b\" id=\"e4bfa1e9a0bce382a4e383b3e38395e383a9e381aee4bea1e580a4e29480e29480e5b9b4e996933000e58484e38389e383abe38081e3819de38197e381a6e695b0-26\">\u4fe1\u983c\u30a4\u30f3\u30d5\u30e9\u306e\u4fa1\u5024\u2500\u2500\u5e74\u95933,000\u5104\u30c9\u30eb\u3001\u305d\u3057\u3066\u6570\u5146\u30c9\u30eb\u3078<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-0bf9a5b\">\u305d\u306e\u4fa1\u5024\u306b\u3064\u3044\u3066\u3001\u7c21\u5358\u306a\u30ec\u30dd\u30fc\u30c8\u3082\u751f\u6210\u3057\u3066\u307f\u307e\u3057\u305f\u3002\u91d1\u878d\u696d\u754c\u306e\u300c\u30b3\u30b9\u30c8\u9664\u53bb\u300d\u3068\u3044\u3046\u4e00\u3064\u306e\u30ec\u30f3\u30ba\u3060\u3051\u3067\u3001\u7406\u60f3\u5316\u3055\u308c\u305f\u4e0a\u9650\u306f\u5e74\u95932,500\u5104\u301c3,000\u5104\u30c9\u30eb\u3001\u73fe\u5b9f\u7684\u306b\u306f\u304a\u305d\u3089\u304f1,200\u5104\u301c1,600\u5104\u30c9\u30eb\u3002\u3053\u308c\u306f\u897f\u5074\u306e\u91d1\u878d\u30b7\u30b9\u30c6\u30e0\u306b\u304a\u3051\u308b\u300c\u4fe1\u983c\u306e\u88c5\u7f6e\u300d\u2014\u2014\u5916\u90e8\u76e3\u67fb\u3068\u4fdd\u8a3c\u696d\u52d9\u3001\u30c8\u30ec\u30fc\u30c9\u5f8c\u30a4\u30f3\u30d5\u30e9\u3001\u30d0\u30c3\u30af\u30aa\u30d5\u30a3\u30b9\u306e\u7167\u5408\u3001\u30ab\u30b9\u30c8\u30c7\u30a3\u3068\u8cc7\u7523\u30b5\u30fc\u30d3\u30b7\u30f3\u30b0\u3001\u898f\u5236\u30b3\u30f3\u30d7\u30e9\u30a4\u30a2\u30f3\u30b9\u3001\u30c8\u30ec\u30fc\u30c9\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u3001\u30d5\u30a1\u30f3\u30c9\u7ba1\u7406\u3001\u30a8\u30b9\u30af\u30ed\u30fc\u306e\u6b63\u898f\u5316\u3001\u6a29\u539f\u4fdd\u967a\u3001\u6e96\u5099\u91d1\u306e\u8a3c\u660e\u306a\u3069\u2014\u2014\u3060\u3051\u3092\u898b\u305f\u6570\u5b57\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-9bcc5f2\">\u73fe\u884c\u306e\u91d1\u878d\u5e02\u5834\u306e\u3001\u307b\u3093\u306e\u4e00\u3064\u306e\u5c0f\u3055\u306a\u7e26\u5272\u308a\u9818\u57df\u3060\u3051\u3067\u3001\u6570\u5343\u5104\u30c9\u30eb\u3002AI \u306e\u305f\u3081\u306e\u300c\u898f\u5236\u30ec\u30a4\u30e4\u30fc\u300d\u307e\u3067\u542b\u3081\u305f\u5546\u696d\u53d6\u5f15\u306e\u7dcf\u4f53\u3067\u306f\u3001\u5e74\u9593\u6570\u5146\u30c9\u30eb\u898f\u6a21\u3067\u3059\u3002\u6697\u53f7\u8cc7\u7523\u306f\u3001\u305d\u308c\u3092\u53ef\u80fd\u306b\u3059\u308b\u300c\u71c3\u6599\u300d\u3002\u3053\u306e\u554f\u984c\u3092\u89e3\u3051\u3070\u3001\u6697\u53f7\u8cc7\u7523\u306f\u6301\u7d9a\u7684\u306b\u6570\u5146\u30c9\u30eb\u306e\u4fa1\u5024\u3092\u6301\u3061\u307e\u3059\u3002\u3060\u304b\u3089\u3001\u30c8\u30fc\u30af\u30f31\u679a\u3042\u305f\u308a\u306e\u4fa1\u5024\u306f\u91cd\u8981\u3067\u306f\u306a\u3044\u3002\u91cd\u8981\u306a\u306e\u306f\u3001\u305d\u306e\u554f\u984c\u3092\u89e3\u304f\u3053\u3068\u3067\u3059\u3002\u300cDEX \u306e\u53d6\u5f15\u9ad8\u304c\u591a\u3044\u300d\u300cTVL \u304c\u591a\u3044\u300d\u300c\u30c8\u30fc\u30af\u30f3\u4fa1\u683c\u304c\u9ad8\u3044\u300d\u3067\u306f\u89e3\u3067\u306f\u306a\u3044\u3002\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u304c\u306a\u3051\u308c\u3070\u3001\u305d\u308c\u306f\u6d74\u69fd\u306e\u6c34\u3092\u7247\u5074\u304b\u3089\u53cd\u5bfe\u5074\u3078\u79fb\u3057\u305f\u3060\u3051\u2014\u2014\u4e00\u3064\u306e\u4fe1\u983c\u3055\u308c\u305f\u7b2c\u4e09\u8005\u304b\u3089\u3001\u5225\u306e\u4fe1\u983c\u3055\u308c\u305f\u7b2c\u4e09\u8005\u3078\u79fb\u3063\u305f\u3060\u3051\u3067\u3059\u3002JP \u30e2\u30eb\u30ac\u30f3\u30fb\u30c1\u30a7\u30fc\u30b9\u304b\u3089\u300cFu Corp\u300d\u3078\u3001\u30d5\u30e9\u30f3\u30af\u30ea\u30f3\u30fb\u30c6\u30f3\u30d7\u30eb\u30c8\u30f3\u304b\u3089\u300cSushi Swap\u300d\u3078\u3002\u540d\u524d\u3092\u5909\u3048\u3066\u3082\u3001\u7b2c\u4e09\u8005\u306f\u7b2c\u4e09\u8005\u306a\u306e\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-e733ca3\" id=\"cardano-e381abe59f8be38281e8bebce381bee3828ce3819fe38081e58588e8a68be79a84e381aae8a8ade8a888-27\">Cardano \u306b\u57cb\u3081\u8fbc\u307e\u308c\u305f\u3001\u5148\u898b\u7684\u306a\u8a2d\u8a08<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-477e9d2\">Cardano \u306f\u3001\u3053\u306e\u30d3\u30b8\u30e7\u30f3\u3092\u53cd\u6620\u3059\u308b\u305f\u3081\u306b\u3001\u3053\u306e10\u5e74\u3067\u7bc9\u304b\u308c\u3066\u304d\u307e\u3057\u305f\u3002\u79c1\u305f\u3061\u306f DeFi \u306e\u30cf\u30c3\u30ad\u30f3\u30b0\u3092\u3059\u3079\u3066\u4e88\u6e2c\u3057\u3001\u3060\u304b\u3089\u3053\u305d\u300c\u5f62\u5f0f\u624b\u6cd5\uff08formal methods\uff09\u300d\u3092\u53d7\u3051\u5165\u308c\u307e\u3057\u305f\u3002\u3068\u3053\u308d\u3067\u3001\u305d\u308c\u306f\u3082\u306f\u3084\u30b3\u30b9\u30c8\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u3059\u3079\u3066\u306e\u30b3\u30fc\u30c7\u30a3\u30f3\u30b0\u304c\u3001\u30b3\u30fc\u30c9\u3067\u306f\u306a\u304f\u300c\u4ed5\u69d8\uff08specifications\uff09\u300d\u3078\u79fb\u884c\u3057\u3064\u3064\u3042\u308a\u3001\u30b3\u30fc\u30c9\u306f\u300c\u30b3\u30f3\u30d1\u30a4\u30eb\u306e\u4e00\u6bb5\u968e\u300d\u306b\u306a\u308a\u3064\u3064\u3042\u308b\u3002\u3042\u306a\u305f\u306f\u5f62\u5f0f\u4ed5\u69d8\u3092\u66f8\u304d\u3001\u3082\u306f\u3084\u57fa\u76e4\u8a00\u8a9e\u304c\u4f55\u304b\u3092\u6c17\u306b\u3059\u308b\u5fc5\u8981\u306f\u306a\u3044\u3002\u300c\u3069\u3046\u3059\u308c\u3070\u6b63\u3057\u304f\u3067\u304d\u308b\u304b\u3001AI \u304c\u305d\u308c\u3092\u66f8\u3051\u308b\u3088\u3046\u306b\u300d\u3068\u554f\u3046\u3060\u3051\u3067\u3059\u3002\u3053\u3053\u306b\u5927\u304d\u306a\u512a\u4f4d\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-c3f9e47\">\u8d77\u3053\u308b\u3053\u3068\u306e\u5927\u534a\u306f\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u306e\u5916\u3067\u8d77\u3053\u308b\u3001\u3068\u79c1\u305f\u3061\u306f\u4e88\u6e2c\u3057\u307e\u3057\u305f\u3002\u30c1\u30e3\u30cd\u30eb\u540c\u578b\u6027\u304c\u305d\u306e\u554f\u984c\u3092\u89e3\u304d\u307e\u3059\u3002\u30e2\u30b8\u30e5\u30fc\u30eb\u6027\u306e\u304a\u304b\u3052\u3067\u3001Cardano \u306e\u4e2d\u8eab\u3092\u4f55\u3082\u5909\u3048\u305a\u306b\u6700\u5148\u7aef\u306e\u89e3\u3092\u5dee\u3057\u8fbc\u3081\u307e\u3059\u3002Midnight \u306f\u6280\u8853\u7684\u306a\u300c\u30ea\u30f4\u30a1\u30a4\u30a2\u30b5\u30f3\uff08\u5de8\u7363\uff09\u300d\u3067\u3001Cardano \u3088\u308a\u6d17\u7df4\u3055\u308c\u3001\u30ea\u30b9\u30af\u3082\u9ad8\u3044\u3002\u57fa\u76e4\u30ec\u30d9\u30eb\u306b\u5f15\u304d\u8fbc\u3081\u3070\u300c\u592a\u3044\u300d\u30d7\u30ed\u30c8\u30b3\u30eb\u306b\u306a\u308a\u3001\u9593\u9055\u3048\u308c\u3070 Cardano \u5168\u4f53\u304c\u5d29\u58ca\u3059\u308b\u3002\u30e2\u30b8\u30e5\u30fc\u30eb\u5316\u3055\u308c\u3066\u3044\u308c\u3070\u3001\u305d\u306e\u30e2\u30b8\u30e5\u30fc\u30eb\u304c\u5931\u6557\u3057\u3066\u3082 Cardano \u3092\u6bba\u3055\u306a\u3044\u3002\u305d\u308c\u304c\u571f\u53f0\u3078\u306e\u4fe1\u983c\u3092\u7bc9\u304f\u306e\u3067\u3059\u3002\u305d\u3057\u3066 Ouroboros \u306f\u3001\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u306e\u30b8\u30ec\u30f3\u30de\u3092\u89e3\u3044\u305f\u552f\u4e00\u306e\u30d7\u30ed\u30c8\u30b3\u30eb\u3067\u3059\u300210\u5e74\u304b\u3051\u3066\u8ffd\u3044\u6c42\u3081\u305f\u304b\u3089\u3001\u305d\u3046\u8a00\u3048\u308b\u306e\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-c37f6f7\" id=\"e7a781e3819fe381a1e3818ce8b2a0e38191e3819fe381aee381afe3808ce3838ae383a9e38386e382a3e38396e688a6e4ba89e3808de381a0e381a3e3819f-28\">\u79c1\u305f\u3061\u304c\u8ca0\u3051\u305f\u306e\u306f\u300c\u30ca\u30e9\u30c6\u30a3\u30d6\u6226\u4e89\u300d\u3060\u3063\u305f<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-09d2be8\">\u79c1\u305f\u3061\u304c\u5931\u6557\u3057\u305f\u306e\u306f\u3001\u300c\u30ca\u30e9\u30c6\u30a3\u30d6\u6226\u4e89\uff08narrative war\uff09\u300d\u306b\u304a\u3044\u3066\u3067\u3059\u3002\u3053\u308c\u306f\u5206\u6563\u7684\u306a\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306e\u5f31\u70b9\u3067\u3059\u3002\u8ab0\u3082\u3001\u5206\u6563\u7684\u306a\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u3092\u300c\u4ee3\u5f01\u300d\u3057\u306a\u3044\u3002\u79c1\u306e\u8eab\u4f53\u3067\u300c\u8a71\u3057\u3066\u3044\u308b\u300d\u306e\u306f\u8ab0\u304b\u3002\u5507\u304b\u3001\u820c\u304b\u3001\u8133\u304b\u3001\u80ba\u304b\u3002\u8133\u3060\u3068\u601d\u3044\u305f\u3044\u304c\u3001\u8133\u306f\u4ed6\u306e\u3059\u3079\u3066\u304c\u306a\u3051\u308c\u3070\u5f79\u7acb\u305f\u305a\u3067\u3059\u3002\u5206\u6563\u7684\u306a\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u3082\u540c\u3058\u3067\u3001\u8ab0\u4e00\u4eba\u305d\u308c\u3092\u4ee3\u5f01\u3057\u306a\u3044\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-3e9a631\">\u305d\u306e\u7d50\u679c\u3001\u5916\u90e8\u306e\u4eba\u3005\u306f\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u5168\u4f53\u3092\u3001\u81ea\u5206\u306b\u3068\u3063\u3066\u5927\u4e8b\u306a\u300c\u305f\u3063\u305f\u4e00\u3064\u306e\u6307\u6a19\u300d\uff08\u4fa1\u683c\u3001TVL\u3001\u53ce\u76ca\uff09\u306b\u5207\u308a\u8a70\u3081\u3001\u305d\u308c\u304c\u898b\u6804\u3048\u3057\u306a\u3044\u304b\u3089\u3068\u300c\u5931\u6557\u3060\u300d\u3068\u8a00\u3046\u3002\u4e00\u65b9\u3001\u79c1\u306f\u305d\u308c\u3092\u8907\u96d1\u9069\u5fdc\u7cfb\u3068\u3057\u3066\u898b\u3066\u3001\u3053\u3046\u554f\u3044\u307e\u3059\u3002\u300c\u518d\u5e30\u7684\u306b\u81ea\u5df1\u6539\u5584\u3057\u3066\u3044\u308b\u304b? \u81ea\u5df1\u6700\u9069\u5316\u3057\u3066\u3044\u308b\u304b? \u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u3092\u89e3\u3051\u308b\u304b?\u300d\u3068\u3002\u3082\u3057\u305d\u308c\u304c\u3067\u304d\u308b\u306a\u3089\u3001\u79c1\u305f\u3061\u306f\u4eba\u985e\u3092\u524d\u9032\u3055\u305b\u308b\u4f55\u304b\u3092\u4f5c\u308a\u51fa\u3057\u305f\u3053\u3068\u306b\u306a\u308b\u306e\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-9a3deb7\" id=\"e4babae9a19ee381afe5b9b8e3819be3818be29480e29480e4bfa1e9a0bce381aee5b4a9e5a38a-29\">\u4eba\u985e\u306f\u5e78\u305b\u304b\u2500\u2500\u4fe1\u983c\u306e\u5d29\u58ca<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-a798e5b\">\u5c11\u3057\u30e1\u30bf\u306a\u8996\u70b9\u3067\u554f\u3044\u307e\u3059\u3002\u3042\u306a\u305f\u306f\u5e78\u305b\u3067\u3059\u304b? \u4fe1\u983c\u304c\u3001\u4fe1\u4ef0\u304c\u3001\u5e78\u798f\u304c\u3042\u308a\u307e\u3059\u304b? \u660e\u65e5\u306f\u4eca\u65e5\u3088\u308a\u826f\u3044\u65e5\u306b\u306a\u308b\u3068\u4fe1\u3058\u3066\u3044\u307e\u3059\u304b? 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deb-block-e495700\">\u4f55\u304b\u304c\u8d77\u3053\u308b\u305f\u3073\u3001\u79c1\u305f\u3061\u304c\u6700\u521d\u306b\u983c\u308b\u306e\u304c\u3001\u5ba2\u89b3\u7684\u73fe\u5b9f\u306e\u300c\u4e8b\u5b9f\u300d\u3067\u306f\u306a\u304f\u3001\u305d\u308c\u3092\u89e3\u91c8\u3057\u3066\u304f\u308c\u308b\u300c\u90e8\u65cf\u300d\u3060\u3068\u3057\u305f\u3089\u2014\u2014\u3069\u3046\u3084\u3063\u3066\u4e92\u3044\u3092\u4fe1\u983c\u3057\u3001\u5171\u611f\u3057\u3001\u7d50\u675f\u3057\u305f\u793e\u4f1a\u3092\u7bc9\u3051\u308b\u3067\u3057\u3087\u3046\u3002\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u304c\u306a\u3051\u308c\u3070\u3001\u7b2c\u4e09\u8005\u306b\u691c\u8a3c\u3057\u3066\u3082\u3089\u3046\u3057\u304b\u306a\u3044\u3002\u30ab\u30ea\u30d5\u30a9\u30eb\u30cb\u30a2\u5dde\u306e\u9078\u6319\u3092\u898b\u3066\u304f\u3060\u3055\u3044\u3002\u7968\u306f\u6570\u3048\u3089\u308c\u3066\u3044\u308b\u306e\u306b\u3001\u305d\u308c\u304c\u516c\u6b63\u304b\u3069\u3046\u304b\u306f\u3001\u3042\u306a\u305f\u306e\u653f\u515a\u304c\u544a\u3052\u308b\u3002\u30e1\u30c7\u30a3\u30a2\u3068\u6c11\u4e3b\u515a\u306f\u300c\u516c\u6b63\u3060\u300d\u3068\u8a00\u3044\u3001\u30c8\u30e9\u30f3\u30d7\u6d3e\u306e\u5171\u548c\u515a\u306f\u300c\u4e0d\u6b63\u3060\u300d\u3068\u8a00\u3046\u3002\u3069\u3061\u3089\u3082\u6295\u7968\u306e\u5b9f\u969b\u306e\u30e1\u30ab\u30cb\u30ba\u30e0\u3068\u306f\u3064\u306a\u304c\u3063\u3066\u304a\u3089\u305a\u3001\u6839\u672c\u554f\u984c\u2014\u2014\u4fe1\u983c\u30a4\u30f3\u30d5\u30e9\u304c\u58ca\u308c\u3066\u3044\u308b\u2014\u2014\u3092\u89e3\u3053\u3046\u3068\u3057\u3066\u3044\u306a\u3044\u3002\u672c\u6765\u3001\u6295\u7968\u304c\u63d0\u6848\u3055\u308c\u308b\u305f\u3073\u306b\u300c\u3053\u306e\u7968\u306f\u6b63\u3057\u304f\u3001\u6295\u7968\u8005\u306f\u6b63\u5f53\u3060\u300d\u3068\u3044\u3046\u8a3c\u660e\u304c\u57cb\u3081\u8fbc\u307e\u308c\u3066\u3044\u308b\u3079\u304d\u3067\u306f\u306a\u3044\u3067\u3057\u3087\u3046\u304b\u3002\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-3ad2fc1\" id=\"ai-e3818ce4bfa1e9a0bce381aee59fbae79ba4e38292e38195e38289e381abe5a38ae38199-30\">AI \u304c\u4fe1\u983c\u306e\u57fa\u76e4\u3092\u3055\u3089\u306b\u58ca\u3059<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-714e988\">\u79c1\u306f\u653f\u6cbb\u7684\u306a\u5074\u306b\u3064\u304f\u3064\u3082\u308a\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u4e16\u754c\u306e\u4fe1\u983c\u30a4\u30f3\u30d5\u30e9\u304c\u3001\u3072\u3069\u304f\u58ca\u308c\u3066\u3044\u308b\u3068\u8a00\u3044\u305f\u3044\u306e\u3067\u3059\u3002\u793e\u4f1a\u3092\u7acb\u3066\u76f4\u3059\u306b\u306f\u3001\u3069\u3093\u306a\u90e8\u65cf\u306b\u5c5e\u3057\u3066\u3044\u3088\u3046\u3068\u5168\u54e1\u304c\u5171\u6709\u3067\u304d\u3001\u672c\u7269\u3060\u3068\u5ba2\u89b3\u7684\u306b\u77e5\u308c\u308b\u300c\u5171\u901a\u306e\u5730\u76e4\u300d\u3092\u4f5c\u3089\u306d\u3070\u306a\u308a\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-6b99a85\">\u4eba\u5de5\u77e5\u80fd\u306e\u554f\u984c\u306f\u3001\u305d\u308c\u304c\u305d\u306e\u57fa\u76e4\u3092\u3082\u640d\u306a\u3046\u3053\u3068\u3067\u3059\u3002\u751f\u6210 AI \u306f\u3001\u79c1\u305f\u3061\u304c\u81ea\u5206\u306e\u76ee\u3068\u8033\u3092\u4fe1\u3058\u308b\u3053\u3068\u3092\u4e8b\u5b9f\u4e0a\u4e0d\u53ef\u80fd\u306b\u3059\u308b\u3002\u3059\u308b\u3068\u90e8\u65cf\u306f\u3001\u81ea\u5206\u305f\u3061\u306e\u73fe\u5b9f\u306b\u53cd\u3059\u308b\u3082\u306e\u3092\u300c\u30d5\u30a7\u30a4\u30af\u30cb\u30e5\u30fc\u30b9\u300d\u300c\u751f\u6210 AI \u3060\u300d\u3068\u8a00\u3044\u3001\u88cf\u3065\u3051\u308b\u3082\u306e\u3092\u300c\u771f\u5b9f\u300d\u3068\u8a00\u3046\u3002\u3053\u308c\u306f\u79c1\u305f\u3061\u3092\u5f15\u304d\u96e2\u3057\u307e\u3059\u3002\u3060\u304b\u3089\u3053\u305d\u79c1\u306f\u3001\u30ec\u30fc\u30b6\u30fc\u306e\u3088\u3046\u306b\u305d\u306e\u554f\u984c\u3092\u89e3\u304f\u3053\u3068\u306b\u96c6\u4e2d\u3057\u3066\u3044\u308b\u306e\u3067\u3059\u3002\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u306f\u89e3\u304c\u5bbf\u308b\u300c\u5bb9\u308c\u7269\u300d\u3002\u30b9\u30de\u30fc\u30c8\u30b3\u30f3\u30c8\u30e9\u30af\u30c8\u3001\u30bc\u30ed\u77e5\u8b58\u8a3c\u660e\u3001\u518d\u5e30\u306f\u3001\u305d\u306e\u554f\u984c\u3092\u89e3\u304f\u305f\u3081\u306e\u300c\u751f\u306e\u8a00\u8a9e\u300d\u3002\u6697\u53f7\u8cc7\u7523\u306f\u5bfe\u4fa1\u3092\u6255\u3046\u300c\u9053\u5177\u300d\u3002\u5206\u6563\u578b\u30ac\u30d0\u30ca\u30f3\u30b9\u3092\u6301\u3064\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306f\u3001\u6bba\u3059\u3053\u3068\u304c\u3067\u304d\u305a\u3001\u6bce\u5e74\u5f37\u304f\u306a\u3063\u3066\u3044\u304f\u6709\u6a5f\u4f53\u3092\u4f5c\u308a\u51fa\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-79bb8d8\" id=\"e38193e381aee5958fe9a18ce38292e8a7a3e38191e381b0e38081e7949fe381bee3828ce3828be381aee381afe3808ce4b896e7958ce5b9b3e5928ce3808d-31\">\u3053\u306e\u554f\u984c\u3092\u89e3\u3051\u3070\u3001\u751f\u307e\u308c\u308b\u306e\u306f\u300c\u4e16\u754c\u5e73\u548c\u300d<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-9e24543\">\u3053\u306e\u554f\u984c\u3092\u89e3\u3051\u3070\u3001\u591a\u304f\u306e\u7d4c\u6e08\u7684\u4fa1\u5024\u3092\u751f\u307f\u51fa\u3059\u3060\u3051\u3067\u306a\u304f\u2014\u2014\u305d\u308c\u4ee5\u4e0a\u306b\u91cd\u8981\u306a\u3053\u3068\u306b\u3001\u3042\u306a\u305f\u306f\u300c\u4e16\u754c\u5e73\u548c\u300d\u3092\u4f5c\u308a\u51fa\u3057\u307e\u3059\u3002\u3072\u3068\u305f\u3073\u4e92\u3044\u3092\u4fe1\u983c\u3067\u304d\u308c\u3070\u3001\u4e92\u3044\u306e\u8a71\u306b\u8033\u3092\u50be\u3051\u3001\u5411\u3053\u3046\u5074\u306b\u3044\u308b\u4eba\u3005\u304c\u6575\u3067\u306f\u306a\u3044\u3001\u79c1\u305f\u3061\u3068\u540c\u3058just like us\u306a\u306e\u3060\u3068\u7406\u89e3\u3067\u304d\u308b\u3002\u6298\u308a\u5408\u3048\u306a\u3044\u7406\u7531\u306f\u3001\u4e92\u3044\u3092\u4fe1\u983c\u3067\u304d\u306a\u3044\u304b\u3089\u306b\u307b\u304b\u306a\u308a\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote deb-core-block deb-block-903b53f is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"deb-core-block deb-block-9f930d6\">\u300c\u3082\u3057\u79c1\u305f\u3061\u304c\u3001\u6575\u306e\u4eba\u751f\u306e\u79d8\u3081\u3089\u308c\u305f\u7269\u8a9e\u3092\u8aad\u3080\u3053\u3068\u304c\u3067\u304d\u305f\u306a\u3089\u3001\u4e00\u4eba\u3072\u3068\u308a\u306e\u4eba\u751f\u306e\u4e2d\u306b\u3001\u3042\u3089\u3086\u308b\u6575\u610f\u3092\u89e3\u304d\u53bb\u308b\u306b\u8db3\u308b\u3060\u3051\u306e\u3001\u60b2\u3057\u307f\u3068\u82e6\u3057\u307f\u3092\u898b\u51fa\u3059\u3060\u308d\u3046\u300d\uff08\u30ed\u30f3\u30b0\u30d5\u30a7\u30ed\u30fc\uff09<\/p>\n<\/blockquote>\n\n\n\n<p class=\"deb-core-block deb-block-076507d\">\u3042\u306a\u305f\u304c\u618e\u3080\u3059\u3079\u3066\u306e\u4eba\u306e\u4e2d\u306b\u75db\u307f\u304c\u3042\u308a\u3001\u610f\u898b\u3092\u7570\u306b\u3059\u308b\u3059\u3079\u3066\u306e\u4eba\u304c\u3001\u305d\u306e\u4eba\u306e\u4eba\u751f\u7d4c\u9a13\u304b\u3089\u751f\u307e\u308c\u305f\u8996\u70b9\u3092\u6301\u3063\u3066\u3044\u308b\u3002\u3082\u3057\u73fe\u5b9f\u3092\u4fe1\u983c\u3067\u304d\u306a\u3051\u308c\u3070\u3001\u79c1\u305f\u3061\u306f\u305d\u308c\u3092\u7406\u89e3\u3067\u304d\u305a\u3001\u5b89\u3089\u304e\u3092\u4e0e\u3048\u3066\u304f\u308c\u308b\u96c6\u56e3\u3078\u3068\u5f8c\u9000\u3057\u3066\u3044\u304f\u3057\u304b\u306a\u3044\u306e\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-3f127f7\" id=\"e7a781e3819fe381a1e38292e5bc95e3818de8a382e38184e3819fe4b889e381a4e381aee587bae69da5e4ba8b-32\">\u79c1\u305f\u3061\u3092\u5f15\u304d\u88c2\u3044\u305f\u4e09\u3064\u306e\u51fa\u6765\u4e8b<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-c758ad7\">\u3053\u306e\u554f\u984c\u3092\u89e3\u304f\u305f\u3081\u306e\u300c\u9328\u300d\u306f\u3001\u305f\u3060\u4e00\u3064\u3002\u79c1\u305f\u3061\u304c\u884c\u3046\u884c\u70ba\u304c\u3001\u305d\u308c\u81ea\u8eab\u306e\u6b63\u3057\u3055\u306e\u8a3c\u660e\u3092\u643a\u3048\u308b\u2014\u2014\u305d\u3046\u3044\u3046\u3082\u306e\u306e\u4e0a\u306b\u5e02\u5834\u3068\u76f8\u4e92\u4f5c\u7528\u3092\u7bc9\u304f\u3053\u3068\u3002\u305d\u308c\u306f\u300c\u76ee\u7684\u5730\u300d\u3067\u306f\u306a\u304f\u300c\u54f2\u5b66\u300d\u3067\u3059\u3002\u5b8c\u5168\u306a\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u306b\u771f\u306e\u610f\u5473\u3067\u5230\u9054\u3059\u308b\u3053\u3068\u306f\u6c7a\u3057\u3066\u3067\u304d\u307e\u305b\u3093\u304c\u3001\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u3092\u5bb9\u308c\u7269\u3068\u3057\u3066\u3001\u6642\u3068\u3068\u3082\u306b\u3088\u308a\u5206\u6563\u5316\u3057\u3066\u3044\u304f\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306e\u4e2d\u3067\u7528\u3044\u308c\u3070\u3001\u6bce\u5e74\u3053\u306e\u80fd\u529b\u3092\u3088\u308a\u591a\u304f\u624b\u306b\u3067\u304d\u308b\u3002\u305d\u3057\u3066\u3001\u79c1\u305f\u3061\u304c\u4eca\u3044\u308b\u72b6\u6cc1\u306b\u3064\u3044\u3066\u3001\u79c1\u306f\u8ab0\u306e\u3053\u3068\u3082\u8cac\u3081\u307e\u305b\u3093\u3002\u3054\u304f\u77ed\u3044\u671f\u9593\u306b\u4e09\u3064\u306e\u3053\u3068\u304c\u8d77\u3053\u308a\u3001\u79c1\u305f\u3061\u304c\u6298\u308a\u5408\u3046\u80fd\u529b\u3092\u7834\u58ca\u3057\u305f\u3002\u8ab0\u306e\u305b\u3044\u3067\u3082\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-c0c3b34\">\u4e00\u3064\u76ee\u3001\u30b0\u30ed\u30fc\u30d0\u30eb\u5316\u3002\u5206\u96e2\u3055\u308c\u305f\u4e88\u6e2c\u53ef\u80fd\u306a\u300c\u30d0\u30b1\u30c4\u300d\u304b\u3089\u3001\u4e00\u3064\u306e\u5927\u304d\u306a\u30d0\u30b1\u30c4\u3078\u3002\u305d\u308c\u305e\u308c\u306e\u53e4\u3044\u61f8\u5ff5\u30fb\u6587\u5316\u30fb\u8a00\u8a9e\u30fb\u504f\u898b\u3092\u62b1\u3048\u305f\u307e\u307e\u7d71\u5408\u3055\u308c\u3001\u300c\u6211\u3005 \u5bfe \u5f7c\u3089\u300d\u306e\u6469\u64e6\u304c\u751f\u307e\u308c\u305f\u3002\u4e8c\u3064\u76ee\u3001\u30bd\u30fc\u30b7\u30e3\u30eb\u30e1\u30c7\u30a3\u30a2\u306e\u53f0\u982d\u3002\u30a2\u30eb\u30b4\u30ea\u30ba\u30e0\u306f\u3001\u79c1\u305f\u3061\u3092\u8fd1\u3065\u3051\u308b\u3082\u306e\u3067\u306f\u306a\u304f\u3001\u618e\u3057\u307f\u3084\u5dee\u7570\u3001\u30c9\u30e9\u30de\u306b\u7126\u70b9\u3092\u5f53\u3066\u308b\u3088\u3046\u8a2d\u8a08\u3055\u308c\u3066\u3044\u308b\u3002\u4e09\u3064\u76ee\u3001\u751f\u6210 AI \u306e\u53f0\u982d\u3002\u305d\u308c\u306f\u79c1\u305f\u3061\u304b\u3089\u3001\u81ea\u5206\u306e\u611f\u899a\u3092\u4fe1\u3058\u308b\u80fd\u529b\u3092\u596a\u3063\u305f\u3002\u3053\u308c\u3089\u4e09\u3064\u304c\u540c\u6642\u306b\u3001\u540c\u3058\u4e16\u4ee3\u306b\u8d77\u3053\u308a\u3001\u5730\u7403\u898f\u6a21\u306e\u300c\u7634\u6c17\uff08miasma\uff09\u300d\u3092\u751f\u3093\u3067\u3044\u308b\u3002\u89e3\u6c7a\u3055\u308c\u306a\u3044\u307e\u307e\u9577\u5f15\u304f\u307b\u3069\u3001\u79c1\u305f\u3061\u306f\u3088\u308a\u6d88\u8017\u3057\u3001\u7d76\u671b\u3057\u3001\u618e\u3057\u307f\u306b\u6e80\u3061\u3066\u3044\u304f\u3002\u591a\u304f\u306e Z \u4e16\u4ee3\u3084\u30df\u30ec\u30cb\u30a2\u30eb\u4e16\u4ee3\u304c\u300c\u3082\u3046\u4eba\u751f\u304c\u5206\u304b\u3089\u306a\u3044\u3001\u307f\u3093\u306a\u6012\u3063\u3066\u3044\u3066\u3001\u3059\u3079\u3066\u304c\u5618\u3060\u3068\u611f\u3058\u308b\u300d\u3068\u8a00\u3046\u3002\u5f7c\u3089\u306f\u6b63\u3057\u3044\u306e\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-817cd5f\" id=\"e8a7a3e6b1bae7ad96e381afe38081e6a0b9e69cace58e9fe59ba0e381abe59091e3818de59088e38186e38193e381a8-33\">\u89e3\u6c7a\u7b56\u306f\u3001\u6839\u672c\u539f\u56e0\u306b\u5411\u304d\u5408\u3046\u3053\u3068<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-261a25a\">\u89e3\u6c7a\u7b56\u306f\u3001\u300c\u30aa\u30ec\u30f3\u30b8\u306e\u7537\u3092\u8ffd\u3044\u51fa\u3057\u3066\u30ab\u30ea\u30d5\u30a9\u30eb\u30cb\u30a2\u306e\u7537\u3092\u9023\u308c\u3066\u304f\u308b\u300d\u3053\u3068\u3067\u3082\u3001\u3053\u3061\u3089\u306e\u54f2\u5b66\u3092\u3042\u3061\u3089\u3088\u308a\u4e0a\u306b\u9078\u3076\u3053\u3068\u3067\u3082\u3001\u5168\u54e1\u3092\u5f37\u5236\u9001\u9084\u3057\u3066\u4e00\u3064\u306e\u6587\u5316\u3060\u3051\u304c\u52dd\u3064\u3053\u3068\u3067\u3082\u3042\u308a\u307e\u305b\u3093\u3002\u89e3\u6c7a\u7b56\u306f\u3001\u3059\u3079\u3066\u306e\u6839\u672c\u539f\u56e0\u306b\u7126\u70b9\u3092\u5f53\u3066\u308b\u3053\u3068\u3067\u3059\u3002\u30b0\u30ed\u30fc\u30d0\u30eb\u5316\u4ee5\u524d\u306e\u4fe1\u983c\u306e\u9053\u5177\u306f\u3001\u30b3\u30b9\u30c8\u304c\u9ad8\u3059\u304e\u3001AI \u3068\u30bd\u30fc\u30b7\u30e3\u30eb\u30e1\u30c7\u30a3\u30a2\u306b\u5bfe\u51e6\u3067\u304d\u306a\u3044\u3002\u3060\u304b\u3089\u65b0\u3057\u3044\u9053\u5177\u304c\u3042\u308b\u3002\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u304c\u300c\u5bb9\u308c\u7269\u300d\u3001\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u601d\u8003\u304c\u305d\u308c\u3092\u6a5f\u80fd\u3055\u305b\u308b\u3082\u306e\u3001\u30b9\u30de\u30fc\u30c8\u30b3\u30f3\u30c8\u30e9\u30af\u30c8\u3068\u30bc\u30ed\u77e5\u8b58\u3068\u518d\u5e30\u3001\u305d\u3057\u3066\u5bfe\u4fa1\u3092\u6255\u3046\u6697\u53f7\u8cc7\u7523\u3002\u3053\u308c\u3089\u304c\u4e00\u3064\u306b\u306a\u308a\u3001\u4eba\u985e\u306e\u5916\u3001\u56fd\u6c11\u56fd\u5bb6\u306e\u5916\u306b\u5b58\u5728\u3059\u308b\u3001\u5730\u7403\u898f\u6a21\u306e\u30b7\u30b9\u30c6\u30e0\u2014\u2014\u5929\u4e0a\u306b\u7f6e\u3044\u305f\u7279\u5225\u306a\u300c\u30a8\u30fc\u30c6\u30eb\u300d\u306e\u3088\u3046\u306a\u5834\u6240\u2014\u2014\u3092\u4f5c\u308a\u51fa\u3059\u3002\u305d\u3053\u3067\u79c1\u305f\u3061\u306f\u3001\u76f8\u624b\u304c\u6e96\u5099\u91d1\u306e\u8a3c\u660e\u30fb\u652f\u6255\u80fd\u529b\u306e\u8a3c\u660e\u30fb\u4fe1\u983c\u306b\u8db3\u308b\u8a3c\u660e\u3092\u7591\u3044\u306e\u4f59\u5730\u306a\u304f\u793a\u305b\u308b\u3068\u77e5\u3063\u3066\u3001\u5546\u53d6\u5f15\u304c\u3067\u304d\u308b\u3002\u3053\u308c\u3053\u305d\u3001\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u6280\u8853\u304c\u4eba\u985e\u53f2\u4e0a\u6700\u3082\u6025\u6210\u9577\u3057\u3001\u6700\u3082\u4fa1\u5024\u3042\u308b\u6280\u8853\u9818\u57df\u306e\u4e00\u3064\u3067\u3042\u308b\u7406\u7531\u3067\u3059\u300215\u5e74\u3067\u300c\u7121\u300d\u304b\u3089\u6570\u5146\u30c9\u30eb\u898f\u6a21\u3078\u3002\u554f\u984c\u3092\u5b8c\u5168\u306b\u89e3\u304f\u306b\u306f\u3001Cardano \u306e\u3088\u3046\u306a\u4f55\u304b\u304c\u5fc5\u8981\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-d16ebb3\" id=\"e68890e995b7e7979be381a8e887aae5b7b1e6b2bbe79992e29480e29480e3808ce589b5e8a8ade88085e381b8e381aee4bfa1e9a0bce38292e5a4b1e38186e3808d-34\">\u6210\u9577\u75db\u3068\u81ea\u5df1\u6cbb\u7652\u2500\u2500\u300c\u5275\u8a2d\u8005\u3078\u306e\u4fe1\u983c\u3092\u5931\u3046\u300d\u3053\u3068\u306e\u610f\u5473<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-cea2bd2\">Cardano \u3067\u3055\u3048\u3001\u5c45\u5fc3\u5730\u306e\u60aa\u3044\u300c\u6210\u9577\u75db\u300d\u3092\u7d4c\u306a\u3051\u308c\u3070\u306a\u308a\u307e\u305b\u3093\u3002\u9aa8\u306f\u6298\u308c\u3001\u6210\u9577\u306e\u6025\u4f38\u304c\u8d77\u3053\u308a\u3001\u9000\u5834\u3068\u53c2\u5165\u304c\u3042\u308a\u3001\u5931\u6557\u304c\u8d77\u3053\u3089\u306d\u3070\u306a\u3089\u306a\u3044\u3002\u300c\u81ea\u5df1\u6cbb\u7652\u3059\u308b\u300d\u3068\u8a00\u3063\u3066\u3082\u3001\u5b9f\u969b\u306b\u30c0\u30e1\u30fc\u30b8\u3092\u8ca0\u3044\u6cbb\u7652\u3059\u308b\u306e\u3092\u898b\u308b\u307e\u3067\u3001\u3042\u306a\u305f\u306f\u4fe1\u3058\u306a\u3044\u3002\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306b\u306f Mt.Gox \u3068\u30b7\u30eb\u30af\u30ed\u30fc\u30c9\u304c\u5fc5\u8981\u3067\u3057\u305f\u3002\u79c1\u305f\u3061\u306b\u306f\u30bd\u30d5\u30c8\u30d5\u30a9\u30fc\u30af\u304c\u5fc5\u8981\u3060\u3063\u305f\u3002\u79c1\u305f\u3061\u306b\u306f\u30ac\u30d0\u30ca\u30f3\u30b9\u306e\u5371\u6a5f\u304c\u5fc5\u8981\u3067\u3059\u3002Cardano \u304c\u6b21\u306e\u6bb5\u968e\u3078\u9032\u3080\u306b\u306f\u3001\u3042\u306a\u305f\u306f\u300c\u5275\u8a2d\u8005\u3078\u306e\u4fe1\u983c\u3092\u5931\u3046\u300d\u5fc5\u8981\u3055\u3048\u3042\u308b\u3002\u305d\u308c\u3092\u751f\u304d\u5ef6\u3073\u308c\u3070\u3001\u81ea\u5df1\u6cbb\u7652\u3059\u308b\u30b7\u30b9\u30c6\u30e0\u3060\u3068\u3044\u3046\u610f\u5473\u306b\u306a\u308b\u304b\u3089\u3002\u305d\u3057\u3066\u6b21\u306e\u6bb5\u968e\u306e\u30ac\u30d0\u30ca\u30f3\u30b9\u306f\u300c\u7279\u5316\u300d\u3092\u5b9f\u8a3c\u3057\u306a\u3051\u308c\u3070\u306a\u308a\u307e\u305b\u3093\u3002\u3055\u3082\u306a\u3051\u308c\u3070\u30a2\u30e1\u30fc\u30d0\u306e\u307e\u307e\u3067\u3059\u3002\u76ee\u3092\u3001\u8033\u3092\u3001\u8133\u3092\u767a\u9054\u3055\u305b\u306d\u3070\u306a\u3089\u306a\u3044\u3002\u305d\u3057\u3066\u3001\u79c1\u305f\u3061\u306f\u305d\u3053\u3078\u5230\u9054\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-12ce3b1\">\u4eba\u3005\u306f\u300c\u4eca\u305d\u308c\u304c\u89e3\u3051\u3066\u3044\u306a\u3044\u306a\u3089\u7d42\u308f\u308a\u3060\u300d\u3068\u632f\u308b\u821e\u3044\u307e\u3059\u3002\u3051\u308c\u3069\u4ed6\u306e\u5275\u8a2d\u8005\u305f\u3061\u306e\u4ed5\u4e8b\u306f\u300c\u30c8\u30fc\u30af\u30f3\u3092\u4fa1\u5024\u3042\u308b\u3082\u306e\u306b\u3059\u308b\u3053\u3068\u300d\u3067\u3059\u3002\u30c8\u30fc\u30af\u30f3\u3092\u4fa1\u5024\u3042\u308b\u3082\u306e\u306b\u3059\u308b\u65b9\u6cd5\u306f\u305f\u304f\u3055\u3093\u3042\u308b\u304c\u3001\u305d\u306e\u3069\u308c\u4e00\u3064\u3068\u3057\u3066\u3001\u3053\u306e\u3059\u3079\u3066\u304c\u6301\u3064\u6df1\u3055\u3068\u610f\u5473\u3068\u793e\u4f1a\u7684\u30a4\u30f3\u30d1\u30af\u30c8\u3092\u6301\u3063\u3066\u306f\u3044\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-0a8771e\" id=\"e5958fe38184e29480e29480e3808ce4b896e7958ce5b9b3e5928ce3808de3818be38081e3808ce98a80e8a18ce58fa3e5baa7e381abe38282e38186100e4b887-35\">\u554f\u3044\u2500\u2500\u300c\u4e16\u754c\u5e73\u548c\u300d\u304b\u3001\u300c\u9280\u884c\u53e3\u5ea7\u306b\u3082\u3046100\u4e07\u30c9\u30eb\u300d\u304b<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-e34428c\">\u5fc3\u306e\u5965\u5e95\u3067\u3001\u81ea\u5206\u306b\u554f\u3046\u3066\u307f\u3066\u304f\u3060\u3055\u3044\u3002\u3042\u306a\u305f\u306f\u3001\u4eba\u3005\u304c\u4e92\u3044\u3092\u618e\u307e\u306a\u3044\u4e16\u754c\u306b\u4f4f\u307f\u305f\u3044\u3067\u3059\u304b? \u30cb\u30e5\u30fc\u30b9\u3092\u4fe1\u983c\u3067\u304d\u3001\u8ab0\u304b\u3092\u4fe1\u983c\u305b\u305a\u3068\u3082\u898b\u308b\u3082\u306e\u3092\u691c\u8a3c\u3067\u304d\u3001\u8ab0\u3068\u3067\u3082\u4ef2\u826f\u304f\u3084\u308c\u308b\u4e16\u754c\u3002\u305d\u308c\u3068\u3082\u3001\u9280\u884c\u53e3\u5ea7\u306b\u3082\u3046100\u4e07\u30c9\u30eb\u3042\u308b\u307b\u3046\u304c\u3044\u3044\u3067\u3059\u304b? \u7d20\u6734\u3067\u8fd1\u8996\u773c\u7684\u306a\u4eba\u306f\u300c100\u4e07\u30c9\u30eb\u300d\u3068\u8a00\u3046\u3067\u3057\u3087\u3046\u3002\u3051\u308c\u3069\u8ce2\u660e\u306a\u4eba\u306f\u3001\u8abf\u548c\u3068\u5e73\u548c\u306e\u3042\u308b\u4e16\u754c\u3053\u305d\u671b\u3080\u3068\u6c17\u3065\u304f\u306f\u305a\u3067\u3059\u3002\u6df7\u6c8c\u30fb\u5206\u65ad\u30fb\u618e\u3057\u307f\u306e\u4e2d\u3067\u306f\u3001\u304a\u91d1\u306f\u4f55\u306e\u610f\u5473\u3082\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-2afb414\">\u5927\u3044\u306a\u308b\u9006\u8aac\u306f\u2014\u2014\u3082\u3057\u305d\u306e\u4e16\u754c\u3092\u4f5c\u308a\u51fa\u305b\u305f\u306a\u3089\u3001\u305d\u308c\u3092\u6210\u3057\u9042\u3052\u305f\u8005\u306f\u3001\u4eba\u985e\u53f2\u4e0a\u6700\u3082\u4fa1\u5024\u3042\u308b\u5236\u5ea6\u3092\u4f5c\u308a\u51fa\u3057\u305f\u3053\u3068\u306b\u306a\u308b\u3001\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002\u6570\u5146\u3067\u306f\u306a\u3044\u3001\u6570\u5341\u5146\u3001\u6570\u5343\u5146\u30c9\u30eb\u306e\u4fa1\u5024\u3002\u300c\u5893\u5834\u3067\u3044\u3061\u3070\u3093\u306e\u91d1\u6301\u3061\u300d\u306b\u306a\u308b\u306e\u3082\u3044\u3044but\u3001\u771f\u306b\u4fa1\u3059\u3079\u304d\u306f\u4e16\u754c\u5e73\u548c\u3092\u4f5c\u308a\u51fa\u3059\u3053\u3068\u3067\u3059\u3002\u4ed6\u306e\u5275\u8a2d\u8005\u305f\u3061\u306f\u300c\u30c8\u30fc\u30af\u30f3\u4fa1\u683c\u304c\u4e0a\u304c\u308b\u3001\u4e88\u6e2c\u5e02\u5834\u304c\u3042\u308b\u3001\u3053\u306e DApp \u304c\u3042\u308b\u300d\u3068\u89e6\u308c\u56de\u308b\u3002\u3051\u308c\u3069\u30cf\u30c3\u30ad\u30f3\u30b0\u304c\u8d77\u3053\u308a\u3001Kelp DAO \u3084 AAVE \u304c TVL \u306e\u4e09\u5206\u306e\u4e00\u3092\u5931\u3044\u3001\u6b21\u306e\u8005\u304c\u73fe\u308c\u308b\u3002\u3042\u306a\u305f\u306f\u3001\u305d\u3046\u3067\u306a\u304f\u306a\u308b\u307e\u3067\u306f\u300c\u5927\u304d\u3044\u300d\u306e\u3067\u3059\u3002Vitalik \u306f\u82f1\u96c4\u3001\u305d\u3057\u3066 Ethereum \u304c\u4f4e\u8ff7\u3059\u308c\u3070\u82f1\u96c4\u3067\u306a\u304f\u306a\u308b\u3002\u6700\u9ad8\u306e TVL \u3068\u4e8c\u756a\u76ee\u306e\u6642\u4fa1\u7dcf\u984d\u3092\u6301\u3063\u3066\u3044\u3066\u3082\u3001\u3067\u3059\u3002\u5f7c\u3089\u306f\u9593\u9055\u3063\u305f\u3082\u306e\u3092\u8ffd\u3044\u304b\u3051\u3066\u3044\u308b\u3002\u3042\u306a\u305f\u306f\u300c\u7b2c\u4e00\u539f\u7406\uff08first principles\uff09\u300d\u3092\u8ffd\u3044\u304b\u3051\u3001\u300c\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u3092\u6301\u3064\u4e16\u754c\u3092\u4f5c\u308a\u51fa\u305b\u308b\u304b?\u300d\u3068\u554f\u308f\u306d\u3070\u306a\u308a\u307e\u305b\u3093\u3002\u305d\u308c\u3055\u3048\u3042\u308c\u3070\u3001\u4e16\u754c\u306e\u3059\u3079\u3066\u306e\u5236\u5ea6\u3092\u305d\u306e\u4e0a\u306b\u4f5c\u308a\u76f4\u305b\u308b\u3002\u305d\u306e\u300c\u71c3\u6599\u300d\u306f\u3042\u307e\u308a\u306b\u4fa1\u5024\u304c\u3042\u308b\u305f\u3081\u3001\u3059\u3079\u3066\u306e\u4e2d\u592e\u9280\u884c\u30fb\u8ca1\u52d9\u7701\u30fb\u30d5\u30a9\u30fc\u30c1\u30e5\u30f3500\u4f01\u696d\u304c\u5927\u5207\u306b\u5b88\u308b\u300c\u56fd\u5bb6\u7684\u306a\u8ca1\u5b9d\u300d\u300c\u30b0\u30ed\u30fc\u30d0\u30eb\u306a\u4fe1\u983c\u306e\u901a\u8ca8\u300d\u306b\u306a\u308b\u306e\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-ab68cd9\" id=\"5e5b9b4e3818b10e5b9b4e3818be29480e29480e3819de38197e381a6e887aae5b7b1e58f8de79c81-36\">5\u5e74\u304b10\u5e74\u304b\u2500\u2500\u305d\u3057\u3066\u81ea\u5df1\u53cd\u7701<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-43186ac\">\u305d\u3053\u3078\u5230\u9054\u3059\u308b\u306e\u306b5\u5e74\u304b10\u5e74\u304b\u306f\u3001\u554f\u984c\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u5927\u4e8b\u306a\u306e\u306f\u300c\u6b63\u3057\u3044\u8a08\u753b\u300d\u3092\u6301\u3063\u3066\u3044\u308b\u3053\u3068\u3001\u305d\u3057\u3066\u3001\u305d\u3053\u3078\u5230\u9054\u3057\u305f\u3068\u304d\u8ab0\u3082\u300c\u8cac\u4efb\u8005\u300d\u3067\u306f\u306a\u304f\u3001\u7269\u4e8b\u3092\u884c\u3046\u300c\u5c02\u9580\u5316\u3057\u305f\u81d3\u5668\u300d\u304c\u3042\u308b\u3060\u3051\u3001\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002Cardano \u306f\u3001\u3053\u308c\u3089\u3059\u3079\u3066\u306e\u6027\u8cea\u3092\u5099\u3048\u305f\u552f\u4e00\u306e\u5b58\u5728\u3067\u3059\u3002\u3060\u304b\u3089\u3001\u4eba\u3005\u304c\u62bc\u3057\u9032\u3081\u3001\u6210\u9577\u3057\u3001\u6295\u8cc7\u3057\u7d9a\u3051\u308b\u9650\u308a\u3001\u79c1\u305f\u3061\u306f\u52dd\u3061\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3092\u8ffd\u3044\u8d8a\u3059\u3068\u3044\u3046\u300c\u5fc5\u7136\u6027\u300d\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-1c953e0\">\u79c1\u306f\u5b8c\u74a7\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u8ab0\u3082\u3001\u30bd\u30fc\u30b7\u30e3\u30eb\u30e1\u30c7\u30a3\u30a2\u3068\u904e\u5270\u306e\u4e16\u754c\u304c\u3082\u305f\u3089\u3059\u8150\u6557\u304b\u3089\u7121\u7e01\u3067\u306f\u3044\u3089\u308c\u306a\u3044\u3002\u3042\u306e\u6709\u5bb3\u306a\u5730\u7344\u306e\u30bf\u30fc\u30eb\u30d4\u30c3\u30c8\u306b\u9577\u304f\u7559\u307e\u308b\u307b\u3069\u3001\u611f\u60c5\u7684\u30fb\u7cbe\u795e\u7684\u30fb\u8089\u4f53\u7684\u306b\u30c0\u30e1\u30fc\u30b8\u3092\u53d7\u3051\u3001\u6728\u3092\u898b\u3066\u68ee\u3092\u898b\u5931\u3046\u3002\u3060\u304b\u3089\u79c1\u306f\u5185\u7701\u306e\u6642\u9593\u3092\u53d6\u308a\u3001\u554f\u3044\u307e\u3057\u305f\u3002\u300c\u79c1\u306f\u307e\u3060\u3001\u81ea\u5206\u304c\u7bc9\u3044\u305f\u3082\u306e\u3092\u3001\u305d\u306e\u65b9\u5411\u6027\u3068\u54f2\u5b66\u3092\u4fe1\u3058\u3066\u3044\u308b\u304b?\u300d\u3068\u3002\u4fe1\u3058\u3066\u3044\u307e\u3059\u3002\u540c\u6642\u306b\u3001\u3053\u308c\u304c\u53b3\u3057\u3044\u9053\u306e\u308a\u3067\u3001\u591a\u304f\u3092\u596a\u3046\u3053\u3068\u3082\u77e5\u3063\u3066\u3044\u308b\u3002\u4f55\u304b\u304c\u3046\u307e\u304f\u3044\u304b\u306a\u3044\u306a\u3089\u3001\u6226\u7565\u3068\u30a2\u30d7\u30ed\u30fc\u30c1\u3092\u5909\u3048\u3001\u305d\u306e\u305f\u3073\u306b\u3088\u308a\u826f\u3044\u4f55\u304b\u3092\u898b\u3064\u3051\u308b\u3002\u6765\u305f\u308b\u6570\u9031\u9593\u30fb\u6570\u30ab\u6708\u3067\u3001\u300c\u7279\u5316\u300d\u3092\u7d44\u307f\u8fbc\u307f\u307e\u3059\u3002\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u3068\u3057\u3066\u306f\u307e\u3060\u5927\u4e08\u592b\u3002\u305f\u3060\u300c\u6210\u9577\u300d\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3002\u79c1\u81ea\u8eab\u3092\u542b\u3081\u3066\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-333218a\" id=\"e7abb6e59088e381a8e381aee98195e38184e29480e29480e7a781e3819fe381a1e381afe3808ce588a5e381aee382b2e383bce383a0e3808de38292e38197e381a6-37\">\u7af6\u5408\u3068\u306e\u9055\u3044\u2500\u2500\u79c1\u305f\u3061\u306f\u300c\u5225\u306e\u30b2\u30fc\u30e0\u300d\u3092\u3057\u3066\u3044\u308b<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-747d2a1\">\u7af6\u5408\u3092\u898b\u308b\u3068\u304d\u3001\u79c1\u305f\u3061\u306f\u5f7c\u3089\u3068\u306f\u300c\u5225\u306e\u30b2\u30fc\u30e0\u300d\u3092\u3057\u3066\u3044\u307e\u3059\u3002\u3060\u304b\u3089\u3053\u305d\u52dd\u3064\u3002\u5f7c\u3089\u306f\u300c\u4eca\u9031\u306e\u304a\u6c17\u306b\u5165\u308a\u300d\u300c\u4eca\u9031\u306e\u4f01\u696d\u300d\u300c\u4eca\u9031\u306e\u767a\u8868\u300d\u3092\u8ffd\u3044\u304b\u3051\u308b\u3002\u79c1\u305f\u3061\u304c\u8ffd\u3044\u304b\u3051\u3066\u3044\u308b\u306e\u306f\u2014\u2014\u4e16\u754c\u3092\u5909\u3048\u305f\u3044\u3001\u3088\u308a\u826f\u3044\u5834\u6240\u306b\u3057\u305f\u3044\u3001\u3068\u3044\u3046\u3053\u3068\u3002\u4e00\u4eba\u3072\u3068\u308a\u304c\u3001\u4eba\u3005\u3092\u3088\u308a\u8fd1\u3065\u3051\u308b\u30a4\u30f3\u30d5\u30e9\u3092\u6301\u3061\u3001\u4e92\u3044\u306b\u5171\u611f\u3057\u3001\u3084\u304c\u3066\u618e\u3080\u306e\u3067\u306f\u306a\u304f\u611b\u3057\u5408\u3048\u308b\u3088\u3046\u306b\u306a\u308b\u3053\u3068\u3092\u3002\u305d\u308c\u3053\u305d\u3001\u4eba\u304c\u8ffd\u6c42\u3057\u5f97\u308b\u6700\u3082\u4fa1\u3059\u3079\u304d\u3053\u3068\u3060\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-498f80d\">\u3067\u3059\u304b\u3089\u3001\u3053\u308c\u304c\u4f55\u4eba\u304b\u3092\u518d\u3073\u596e\u3044\u7acb\u305f\u305b\u3001\u300c\u3053\u306e\u4ed5\u4e8b\u306b\u306f\u610f\u5473\u304c\u3042\u308b\u300d\u3068\u6c17\u3065\u304b\u305b\u3066\u304f\u308c\u308b\u3053\u3068\u3092\u9858\u3044\u307e\u3059\u3002\u3084\u308b\u3079\u304d\u3053\u3068\u306f\u305f\u304f\u3055\u3093\u3042\u308b\u3002\u300c\u5b9f\u884c\u6a5f\u80fd\u300d\u3068\u300c\u7279\u5316\u300d\u3092\u89e3\u304d\u660e\u304b\u3057\u3001Leo\uff08Leios\uff09\u3092\u51fa\u8377\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3002\u30c6\u30b9\u30c8\u30cd\u30c3\u30c8\u306f6\u670823\u65e5\u306b\u6765\u307e\u3059\u3002\u62e1\u5f35 UTXO \u306f\u898b\u4e8b\u306b\u6210\u9577\u3057\u3066\u3044\u3066\u3001\u305d\u308c\u304c Starstream \u306e\u3088\u3046\u306a\u4f55\u304b\u3068\u7d71\u5408\u3055\u308c\u308c\u3070\u3001\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u306b\u307e\u3059\u307e\u3059\u8fd1\u3065\u304d\u307e\u3059\u3002Midnight \u306b\u3082\u5f15\u304d\u7d9a\u304d\u53d6\u308a\u7d44\u307f\u307e\u3059\u3002\u3053\u306e\u30b7\u30b9\u30c6\u30e0\u304c\u3001\u3059\u3079\u3066\u306e\u4eba\u306b\u5f53\u3066\u306f\u307e\u308b\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002\u4e16\u754c\u306e\u300c\u30c7\u30b8\u30bf\u30eb\u30b4\u30fc\u30eb\u30c9\u300d\u2014\u2014\u3053\u308c\u306f Pogun \u304c\u3082\u305f\u3089\u3059\u3082\u306e\u2014\u2014\u3068\u3001\u9280\u884c\u53e3\u5ea7\u3092\u6301\u305f\u306a\u3044\u4eba\u3005\uff08unbanked\uff09\u2014\u2014\u3053\u308c\u306f RealFi \u304c\u3082\u305f\u3089\u3059\u3082\u306e\u3002RealFi \u306f\u76ee\u524d\u3067\u3059\u3002John O&#8217;Connor \u306f IO \u3092\u96e2\u308c\u3001\u4eca\u306f RealFi \u8ca1\u56e3\u306e\u30c8\u30c3\u30d7\u306b\u306a\u308a\u307e\u3057\u305f\u3002\u305d\u308c\u306f\u3001\u767a\u5c55\u9014\u4e0a\u4e16\u754c\u306e\u4f55\u5341\u5104\u3082\u306e\u4eba\u3005\u3092\u3001\u4e92\u3044\u3092\u4fe1\u983c\u305b\u305a\u306b\u6e08\u3080\u304c\u3086\u3048\u306b\u4e92\u3044\u3092\u4fe1\u983c\u3067\u304d\u308b\u65b0\u3057\u3044\u30d1\u30e9\u30c0\u30a4\u30e0\u3078\u3068\u8fce\u3048\u5165\u308c\u307e\u3059\u3002\u305d\u3057\u3066\u3001\u6a5f\u80fd\u3092\u4e00\u3064\u3072\u3068\u3064\u653b\u7565\u3059\u308b\u305f\u3081\u306b\u3001\u3055\u3089\u306b\u591a\u304f\u306e\u30d1\u30fc\u30c8\u30ca\u30fc\u30c1\u30a7\u30fc\u30f3\u3092\u7bc9\u304b\u306d\u3070\u306a\u308a\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-8897ae9\" id=\"e7b590e8aa9ee29480e29480e382b7e383a3e38399e383abe38292e68c81e381a3e381a6e38081e4bb95e4ba8be381abe688bbe3828de38186-38\">\u7d50\u8a9e\u2500\u2500\u30b7\u30e3\u30d9\u30eb\u3092\u6301\u3063\u3066\u3001\u4ed5\u4e8b\u306b\u623b\u308d\u3046<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-7d90ed7\">\u79c1\u305f\u3061\u306f\u6226\u308f\u306d\u3070\u306a\u308a\u307e\u305b\u3093\u3002\u3051\u308c\u3069\u3001Cardano \u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306e\u4e00\u4eba\u3072\u3068\u308a\u3001\u3042\u306a\u305f\u305f\u3061\u306f\u4f55\u3092\u3059\u3079\u304d\u304b\u5206\u304b\u3063\u3066\u3044\u308b\u3002Twitter \u304b\u3089\u96e2\u308c\u306a\u3055\u3044\u3002\u6587\u53e5\u3092\u8a00\u3046\u306e\u3092\u3084\u3081\u306a\u3055\u3044\u3002\u79c1\u81ea\u8eab\u3001\u305d\u306e\u6559\u8a13\u3092\u8ab0\u3088\u308a\u3082\u53b3\u3057\u304f\u5b66\u3070\u306d\u3070\u306a\u308a\u307e\u305b\u3093\u3067\u3057\u305f\u3002\u30b7\u30e3\u30d9\u30eb\u3092\u624b\u306b\u53d6\u308a\u3001\u4ed5\u4e8b\u306b\u623b\u308a\u306a\u3055\u3044\u3002\u3042\u306a\u305f\u306e\u4ed5\u4e8b\u306b\u306f\u610f\u5473\u304c\u3042\u308b\u306e\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-04e9220\">\u79c1\u305f\u3061\u306f\u52dd\u305f\u306d\u3070\u306a\u3089\u306a\u3044\u3002\u3055\u3082\u306a\u3051\u308c\u3070 Web2.5 \u3078\u3001\u3055\u3089\u306b Web2 \u3078\u3068\u5f8c\u9000\u3059\u308b\u3002\u79c1\u305f\u3061\u306e\u696d\u754c\u3067\u6700\u5927\u306e\u6210\u9577\u9818\u57df\u306f Web3 \u3067\u306f\u306a\u304f\u3001\u3044\u304f\u3089\u304b\u306e\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u6280\u8853\u3067\u304f\u308b\u307e\u308c\u3001\u7279\u5b9a\u306e\u56fd\u6c11\u56fd\u5bb6\u306e\u898f\u5236\u306b\u5f93\u3044\u3001\u6240\u6709\u8005\u304c\u3044\u3066\u8a31\u53ef\u5236\u3067\u3057\u304b\u3064\u306a\u3052\u306a\u3044\u4e2d\u592e\u96c6\u6a29\u7684\u306a\u5236\u5ea6\u3067\u3057\u305f\u3002\u79c1\u306f\u3001\u4e16\u754c\u306e\u305d\u306e\u90e8\u5206\u3092\u307b\u3093\u306e\u5c11\u3057\u901f\u304f\u30fb\u5229\u76ca\u304c\u51fa\u308b\u3088\u3046\u306b\u3059\u308b\u305f\u3081\u306b\u8eab\u3092\u6295\u3058\u305f\u306e\u3067\u306f\u306a\u3044\u3002\u79c1\u306f\u300c\u9769\u547d\u300d\u306b\u8eab\u3092\u6295\u3058\u305f\u306e\u3067\u3059\u3002\u3060\u304b\u3089\u3001\u30b7\u30e3\u30d9\u30eb\u3092\u624b\u306b\u53d6\u308a\u3001\u4ed5\u4e8b\u306b\u623b\u308a\u307e\u3057\u3087\u3046\u3002\u518d\u3073\u6210\u9577\u3092\u59cb\u3081\u306d\u3070\u306a\u3089\u306a\u3044\u3002\u305f\u3060\u3057\u300c\u7b2c\u4e00\u539f\u7406\u300d\u304b\u3089\u6210\u9577\u3059\u308b\u306e\u3067\u3059\u3002\u3053\u308c\u3089\u306e\u6a5f\u80fd\u306f\u52dd\u5229\u306e\u305f\u3081\u306e\u300c\u5fc5\u8981\u6761\u4ef6\u300d\u3067\u3042\u308a\u3001\u300c\u7279\u5316\u300d\u304c\u6b8b\u308a\u3092\u5b9f\u73fe\u3059\u308b\u2014\u2014\u6226\u7565\u3092\u4e0e\u3048\u3001\u8ffd\u3046\u3079\u304d KPI \u3092\u6559\u3048\u3001\u8cc7\u91d1\u3068\u8cc7\u6e90\u3092\u914d\u5206\u3059\u308b\u304b\u3089\u3067\u3059\u3002\u3042\u308b\u5e74\u306f\u5f15\u304d\u7de0\u3081\u3001\u3042\u308b\u5e74\u306f\u653b\u3081\u308b\u3002\u3051\u308c\u3069\u3001\u6295\u3058\u308b\u6642\u9593\u306b\u306f\u305d\u308c\u3060\u3051\u306e\u5024\u6253\u3061\u304c\u3042\u308b\u3002\u3053\u308c\u306f\u3001\u79c1\u306b\u5e0c\u671b\u3092\u4e0e\u3048\u3066\u304f\u308c\u307e\u3059\u3002\u805e\u3044\u3066\u304f\u3060\u3055\u3063\u305f\u7686\u3055\u3093\u3001\u3042\u308a\u304c\u3068\u3046\u3002\u623b\u3063\u3066\u3053\u3089\u308c\u3066\u3001\u3088\u304b\u3063\u305f\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity deb-core-block deb-block-77f9d23\"\/>\n\n\n\n<h2 class=\"wp-block-heading deb-core-block deb-block-088d836\" id=\"e7bfbbe8a8b3e3838ee383bce38388efbc88e794a8e8aa9ee383bbe59bbae69c89e5908de8a99ee383bbe5ad97e5b995e8a39ce6ada3e383bbe4ba8be5ae9fe381ae-39\">\u7ffb\u8a33\u30ce\u30fc\u30c8\uff08\u7528\u8a9e\u30fb\u56fa\u6709\u540d\u8a5e\u30fb\u5b57\u5e55\u88dc\u6b63\u30fb\u4e8b\u5b9f\u306e\u533a\u5225\uff09<\/h2>\n\n\n\n<p class=\"deb-core-block deb-block-750888b\">\u672c\u52d5\u753b\u306f\u753b\u9762\u5171\u6709\u3067\u56f3\u3092\u63cf\u304d\u306a\u304c\u3089\u9032\u3080\u7d0440\u5206\u306e\u30e9\u30a4\u30d6\u914d\u4fe1\u3067\u3001\u5143\u306e\u81ea\u52d5\u5b57\u5e55\u306b\u56fa\u6709\u540d\u8a5e\u30fb\u5c02\u9580\u7528\u8a9e\u306e\u8a8d\u8b58\u8aa4\u308a\u304c\u591a\u6570\u542b\u307e\u308c\u307e\u3059\u3002\u4ee5\u4e0b\u306b\u3001\u88dc\u6b63\u3057\u305f\u56fa\u6709\u540d\u8a5e\u3068\u3001\u88dc\u8db3\u304c\u5fc5\u8981\u306a\u7528\u8a9e\u3001\u305d\u3057\u3066\u300c\u6c0f\u306e\u4e3b\u5f35\u300d\u3068\u300c\u691c\u8a3c\u53ef\u80fd\u306a\u4e8b\u5b9f\u300d\u306e\u533a\u5225\u3092\u307e\u3068\u3081\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-10083c1\"><strong>\u5b57\u5e55\u306e\u8a8d\u8b58\u8aa4\u308a\u3092\u88dc\u6b63\u3057\u305f\u56fa\u6709\u540d\u8a5e<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-core-block deb-block-8f5ddc5\">\n<li class=\"deb-core-block\"><strong>Ouroboros\uff08\u30a6\u30ed\u30dc\u30ed\u30b9\uff09<\/strong>\uff1aCardano \u306e Proof-of-Stake \u30b3\u30f3\u30bb\u30f3\u30b5\u30b9\u30fb\u30d7\u30ed\u30c8\u30b3\u30eb\uff08\u5b57\u5e55 &#8220;Orboris&#8221;\/&#8221;Oraorce&#8221; \u3092\u88dc\u6b63\uff09\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>Leios \/ Praos<\/strong>\uff1aOuroboros \u7cfb\u5217\u306e\u30d7\u30ed\u30c8\u30b3\u30eb\uff08\u5b57\u5e55 &#8220;Laos\/Prrowse\/Harris&#8221; \u3092\u88dc\u6b63\uff09\u3002Leios \u306f\u30b9\u30eb\u30fc\u30d7\u30c3\u30c8\u62e1\u5f35\u3001Praos \u306f\u73fe\u884c\u30e1\u30a4\u30f3\u30cd\u30c3\u30c8\u30fb\u30d7\u30ed\u30c8\u30b3\u30eb\u3002\u6c0f\u306f Leios \u3092\u300cLeo\uff08\u30ec\u30aa\uff09\u300d\u3068\u611b\u79f0\u3067\u547c\u3093\u3067\u3044\u308b\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>Nick Szabo<\/strong>\uff1a\u300csmart contract\u300d\u306e\u6982\u5ff5\u3067\u77e5\u3089\u308c\u308b\u7814\u7a76\u8005\uff08\u5b57\u5e55 &#8220;Nick Zabo&#8221;\uff09\u3002\u300c\u592a\u3044\uff0f\u7d30\u3044\u30d7\u30ed\u30c8\u30b3\u30eb\u300d\u306e\u8b70\u8ad6\u3067\u8a00\u53ca\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>Vitalik<\/strong>\uff1aEthereum \u5171\u540c\u5275\u8a2d\u8005\uff08\u5b57\u5e55 &#8220;Vitalic&#8221;\uff09\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>Kelp DAO<\/strong>\uff08\u5b57\u5e55 &#8220;kelp Dow&#8221;\uff09\uff1a\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u7cfb\u30d7\u30ed\u30c8\u30b3\u30eb\u3002\u76f4\u5f8c\u306e &#8220;A&#8221;\uff08AAVE \u3068\u89e3\u91c8\uff09\u3068\u3068\u3082\u306b\u30cf\u30c3\u30ad\u30f3\u30b0\u4f8b\u3068\u3057\u3066\u8a00\u53ca\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>Pogun\uff08\u30dd\u30ac\u30f3\uff09<\/strong>\uff08\u5b57\u5e55 &#8220;Pogan&#8221;\uff09\uff1a\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\uff08\uff1d\u4e16\u754c\u306e\u30c7\u30b8\u30bf\u30eb\u30b4\u30fc\u30eb\u30c9\uff09\u306e\u6d41\u52d5\u6027\u3092 Cardano \u4e0a\u306e\u8cb8\u4ed8\u30fb\u5229\u56de\u308a\u3078\u53d6\u308a\u8fbc\u3080\u4ed5\u7d44\u307f\u3068\u3057\u3066\u5831\u3058\u3089\u308c\u3066\u3044\u308b\u53d6\u308a\u7d44\u307f\uff08\u8cb8\u4ed8\u30e2\u30b8\u30e5\u30fc\u30eb\u306f2026\u5e74Q2 \u4e88\u5b9a\u3068\u3055\u308c\u308b\uff09\u3002\u6b63\u5f0f\u540d\u79f0\u30fb\u6700\u65b0\u72b6\u6cc1\u306f\u8981\u78ba\u8a8d\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>John O&#8217;Connor<\/strong>\uff08\u5b57\u5e55 &#8220;John Oconor&#8221;\uff09\uff1aRealFi \u306e\u4ee3\u8868\uff08\u5143 IOG\u3002\u30a2\u30d5\u30ea\u30ab\u4e8b\u696d\u30c7\u30a3\u30ec\u30af\u30bf\u30fc\u3068\u3057\u3066\u5f93\u4e8b\u3057\u305f\u7d4c\u6b74\uff09\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>Starstream<\/strong>\uff08\u5b57\u5e55 &#8220;star stream&#8221;\uff09\uff1aUTXO \u7cfb\u30c1\u30a7\u30fc\u30f3\u5411\u3051\u306e zkVM\uff08\u30bc\u30ed\u77e5\u8b58\u4eee\u60f3\u30de\u30b7\u30f3\uff09\u3002\u51e6\u7406\u3092\u30aa\u30d5\u30c1\u30a7\u30fc\u30f3\u3067\u5b9f\u884c\u3057\u5404\u30b9\u30c6\u30c3\u30d7\u3092\u6697\u53f7\u5b66\u7684\u8a3c\u660e\u306b\u5c01\u3058\u3001\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u306e\u8efd\u91cf Plutus \u30b3\u30f3\u30c8\u30e9\u30af\u30c8\u3067\u691c\u8a3c\u3059\u308b\u3002\u6c0f\u306e\u300ceUTXO \uff0b Starstream \u2192 \u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u3078\u8fd1\u3065\u304f\u300d\u767a\u8a00\u306e\u6280\u8853\u7684\u6839\u62e0\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>Canton<\/strong>\uff08\u5b57\u5e55 &#8220;canton of the world&#8221;\uff09\uff1a\u8a31\u53ef\u5236\uff08permissioned\uff09\u306e\u6a5f\u95a2\u5411\u3051\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u3002\u300cWeb2.5\uff0f\u30b3\u30f3\u30bd\u30fc\u30b7\u30a2\u30e0\u578b\u30c1\u30a7\u30fc\u30f3\u300d\u306e\u4f8b\u3068\u3057\u3066\u8a00\u53ca\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-core-block deb-block-c078ff9\"><strong>\u6c0f\u306e\u4e3b\u5f35\u3067\u3042\u308a\u3001\u72ec\u7acb\u691c\u8a3c\u3057\u3066\u3044\u306a\u3044\u6570\u5024\u30fb\u898b\u89e3<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-core-block deb-block-94f2365\">\n<li class=\"deb-core-block\">\u300c\u4e16\u754c\u306e\u4fe1\u983c\u78ba\u7acb\u30b3\u30b9\u30c8\u306f\u6570\u5343\u5104\u30c9\u30eb\u300d\u300c\u691c\u8a3c\u53ef\u80fd\u306a\u518d\u5e30\u6027\u306e\u4fa1\u5024\u306f\u4e0a\u9650\u3067\u5e742,500\u301c3,000\u5104\u30c9\u30eb\u3001\u73fe\u5b9f\u7684\u306b1,200\u301c1,600\u5104\u30c9\u30eb\u3001\u7dcf\u4f53\u3067\u306f\u6570\u5146\u30c9\u30eb\u300d\uff1a\u3044\u305a\u308c\u3082\u6c0f\u304c\u81ea\u3089\u751f\u6210\u3057\u305f\u30ec\u30dd\u30fc\u30c8\u306b\u57fa\u3065\u304f\u63a8\u8a08\u3067\u3042\u308a\u3001\u72ec\u7acb\u691c\u8a3c\u3055\u308c\u305f\u6570\u5b57\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\">\u300c\u4e0a\u4f4d10 KPI\u300d\uff1a\u6c0f\u304c AI\uff08Claude\uff09\u306b\u751f\u6210\u3055\u305b\u305f\u3068\u3059\u308b\u4e00\u89a7\u3002\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u8a55\u4fa1\u306e\u4e00\u4f8b\u3068\u3057\u3066\u63d0\u793a\u3055\u308c\u305f\u3082\u306e\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\">\u300cCardano \u3060\u3051\u304c4\u8981\u4ef6\u3059\u3079\u3066\u3092\u5099\u3048\u308b\u300d\u300c\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3092\u8ffd\u3044\u8d8a\u3059\u300d\u300c\u4e16\u754c\u5e73\u548c\u3092\u4f5c\u308a\u51fa\u3059\u300d\uff1a\u3044\u305a\u308c\u3082\u6c0f\u306e\u30d3\u30b8\u30e7\u30f3\u30fb\u5c55\u671b\uff08projection\uff09\u3067\u3042\u308a\u3001\u4e8b\u5b9f\u4e3b\u5f35\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u672c\u7ffb\u8a33\u306f\u767a\u8a00\u306e\u5fe0\u5b9f\u306a\u8a33\u51fa\u3067\u3042\u308a\u3001SIPO \u304c\u3053\u308c\u3089\u306e\u5c06\u6765\u4e88\u6e2c\u3092\u4fdd\u8a3c\u3059\u308b\u3082\u306e\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\">Midnight \u304c\u300cXRP \/ Ethereum \/ Solana \u3092 Cardano \u306b\u3082\u305f\u3089\u3059\u300d\uff1a\u30d1\u30fc\u30c8\u30ca\u30fc\u30c1\u30a7\u30fc\u30f3\u306b\u3088\u308b\u30af\u30ed\u30b9\u30c1\u30a7\u30fc\u30f3\u9023\u7d50\u306e\u69cb\u60f3\u30fb\u30ed\u30fc\u30c9\u30de\u30c3\u30d7\u3068\u3057\u3066\u8a9e\u3089\u308c\u305f\u3082\u306e\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-core-block deb-block-f441aa3\"><strong>\u691c\u8a3c\u6e08\u307f\u306e\u4e8b\u5b9f\uff08\u672c\u6587\u306e\u88cf\u53d6\u308a\u3067\u78ba\u8a8d\uff09<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-core-block deb-block-900ce5b\">\n<li class=\"deb-core-block\"><strong>Leios \u30c6\u30b9\u30c8\u30cd\u30c3\u30c8<\/strong>\uff1a2026\u5e746\u670823\u65e5\u30ed\u30fc\u30f3\u30c1\u4e88\u5b9a\uff08\u6c0f\u304c\u78ba\u8a8d\u3002\u63d0\u6848\u306f DReps \u7d0484%\u53ef\u6c7a\u3001\u7d042,770\u4e07\u30c9\u30eb\u89e3\u653e\uff09\u3002\u30e1\u30a4\u30f3\u30cd\u30c3\u30c8\u306f\u5e74\u5185\u76ee\u6a19\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>Cardano \u61b2\u6cd5<\/strong>\uff1a2025\u5e742\u670823\u65e5\u306b\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u3067\u6279\u51c6\u30fb\u767a\u52b9\uff08DRep 75%\u95be\u5024\uff0b\u66ab\u5b9a\u61b2\u6cd5\u8a55\u8b70\u4f1a\u306e\u5168\u4f1a\u4e00\u81f4\uff09\u3002Plomin \u30cf\u30fc\u30c9\u30d5\u30a9\u30fc\u30af\u3067\u672c\u683c\u7684\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u30fb\u30ac\u30d0\u30ca\u30f3\u30b9\u3078\u79fb\u884c\u30022025\u5e74\u306b\u521d\u306e\u4f4f\u6c11\u9078\u51fa\u306b\u3088\u308b\u61b2\u6cd5\u59d4\u54e1\u4f1a\uff087\u540d\uff09\u304c\u6210\u7acb\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>Hydra<\/strong>\uff1aCardano \u306e\u30ec\u30a4\u30e4\u30fc2\u300c\u30d8\u30c3\u30c9\u300d\u30d7\u30ed\u30c8\u30b3\u30eb\u3068\u3057\u3066\u7a3c\u50cd\u4e2d\u3002<\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>Midnight<\/strong>\uff1a2026\u5e743\u670831\u65e5\u30d5\u30a7\u30c7\u30ec\u30fc\u30c6\u30c3\u30c9\u30fb\u30e1\u30a4\u30f3\u30cd\u30c3\u30c8\u7a3c\u50cd\u3001\u5b89\u5b9a\u6bb5\u968e\u300cKukolu \u30d5\u30a7\u30fc\u30ba\u300d\u3001\u30cd\u30a4\u30c6\u30a3\u30d6\u30c8\u30fc\u30af\u30f3 NIGHT \u914d\u5e03\u4e2d\u3002<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity deb-core-block deb-block-72ad247\"\/>\n\n\n\n<h2 class=\"wp-block-heading deb-core-block deb-block-38a81cc\" id=\"e58b95e794bbe381a8e996a2e980a3e382bde383bce382b9-40\">\u52d5\u753b\u3068\u95a2\u9023\u30bd\u30fc\u30b9<\/h2>\n\n\n\n<p class=\"deb-core-block deb-block-3a5d5b2\"><strong>\u52d5\u753b\uff08\u4e00\u6b21\u30bd\u30fc\u30b9\uff09<\/strong><br><a href=\"https:\/\/www.youtube.com\/live\/SQNwaGx6Mn8\" target=\"_blank\" rel=\"noopener\">https:\/\/www.youtube.com\/live\/SQNwaGx6Mn8<\/a><\/p>\n\n\n\n<p class=\"deb-core-block deb-block-6ee66a4\"><strong>Ouroboros \/ Leios\uff08IOG \u516c\u5f0f\uff09<\/strong><br><a href=\"https:\/\/iohk.io\/\" target=\"_blank\" rel=\"noopener\">https:\/\/iohk.io\/<\/a><\/p>\n\n\n\n<p class=\"deb-core-block deb-block-c3f9046\"><strong>Cardano \u30ac\u30d0\u30ca\u30f3\u30b9\uff08gov.tools\uff0f\u61b2\u6cd5\u30fb\u61b2\u6cd5\u59d4\u54e1\u4f1a\uff09<\/strong><br><a href=\"https:\/\/gov.tools\/\" target=\"_blank\" rel=\"noopener\">https:\/\/gov.tools\/<\/a> \uff0f <a href=\"https:\/\/constitution.gov.tools\/\" target=\"_blank\" rel=\"noopener\">https:\/\/constitution.gov.tools\/<\/a><\/p>\n\n\n\n<p class=\"deb-core-block deb-block-5e0feb8\"><strong>Intersect MBO\uff08\u61b2\u6cd5\u6279\u51c6\u30fb\u4e88\u7b97\u30d7\u30ed\u30bb\u30b9\u7b49\u306e\u6587\u8108\uff09<\/strong><br><a href=\"https:\/\/www.intersectmbo.org\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.intersectmbo.org\/<\/a><\/p>\n\n\n\n<p class=\"deb-core-block deb-block-82a00e5\"><strong>Hydra\uff08\u30ec\u30a4\u30e4\u30fc2\u30d8\u30c3\u30c9\u30fb\u30d7\u30ed\u30c8\u30b3\u30eb\uff09<\/strong><br><a href=\"https:\/\/hydra.family\/\" target=\"_blank\" rel=\"noopener\">https:\/\/hydra.family\/<\/a><\/p>\n\n\n\n<p class=\"deb-core-block deb-block-b8ccdf6\"><strong>Midnight Network \u516c\u5f0f\uff08\u30d1\u30fc\u30c8\u30ca\u30fc\u30c1\u30a7\u30fc\u30f3\uff0fNIGHT \u72b6\u6cc1\uff09<\/strong><br><a href=\"https:\/\/midnight.network\/\" target=\"_blank\" rel=\"noopener\">https:\/\/midnight.network\/<\/a><\/p>\n\n\n\n<p class=\"deb-core-block deb-block-41bb2e7\"><strong>SIPO \u306e\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u30a4\u30f3\u30d5\u30e9\u904b\u7528\u306b\u3064\u3044\u3066<\/strong><br><a href=\"https:\/\/sipo.tokyo\/\" target=\"_blank\" rel=\"noopener\">https:\/\/sipo.tokyo\/<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity deb-core-block deb-block-2601bf8\"\/>\n\n\n\n<p class=\"deb-core-block deb-block-53e1721\"><em>\u203b\u900f\u660e\u6027\u30e1\u30e2\uff1aSIPO \u306f Cardano \u306e\u30b9\u30c6\u30fc\u30af\u30d7\u30fc\u30eb\u904b\u7528\u8005\uff08SPO\uff09\u30fbDRep \u3067\u3042\u308a\u3001Midnight \u30a2\u30f3\u30d0\u30b5\u30c0\u30fc\u3068\u3057\u3066\u3082\u6d3b\u52d5\u3057\u3066\u3044\u307e\u3059\u3002\u672c\u7a3f\u306f\u6c0f\u306e\u30d3\u30b8\u30e7\u30f3\u3092\u65e5\u672c\u8a9e\u3067\u6574\u7406\u3057\u3001\u691c\u8a3c\u3067\u304d\u308b\u4e8b\u5b9f\u3067\u88cf\u53d6\u308a\u3059\u308b\u3053\u3068\u3092\u76ee\u7684\u3068\u3057\u305f\u3082\u306e\u3067\u3001\u6295\u8cc7\u52a9\u8a00\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u672c\u6587\u3067\u7e70\u308a\u8fd4\u3057\u305f\u3068\u304a\u308a\u3001\u300c\u904e\u53bb\u306e\u4e8b\u5b9f\u300d\u3068\u300c\u6c0f\u306e\u5c06\u6765\u5c55\u671b\u300d\u306f\u6027\u8cea\u304c\u7570\u306a\u308a\u307e\u3059\u3002Cardano \u306e\u6b69\u307f\u306b\u306f\u6c0f\u81ea\u8eab\u304c\u8a8d\u3081\u308b\u6210\u9577\u75db\u3068\u30ed\u30fc\u30c9\u30de\u30c3\u30d7\u4e0a\u306e\u5bbf\u984c\u304c\u3042\u308a\u3001SIPO \u306f\u305d\u306e\u610f\u6c17\u8fbc\u307f\u3092\u5fdc\u63f4\u3057\u3064\u3064\u3001\u73fe\u5728\u5730\u306f\u4e8b\u5b9f\u306b\u5373\u3057\u3066\u6e2c\u3063\u3066\u3044\u304d\u307e\u3059\u3002<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"\u52d5\u753b\uff1ahttps:\/\/www.youtube.com\/live\/SQNwaGx6Mn8\uff08Charles Hoskinson\u300cWhy Cardano is the only Ecosystem that can run the world\u300d\uff0f2026\u5e746\u6708\u4e0a\u65ec\u516c\u958b\u30fbYouTube \u30e9\u30a4\u30d6\u30026\u6708\u521d\u3081\u306b\u300cSNS \u3068\u8ddd\u96e2\u3092\u7f6e\u304f\u300d\u3068\u8868\u660e\u3057\u305f\u306e\u3061\u306e\u5fa9\u5e30\u914d\u4fe1\uff09 https:\/\/www.youtube.com\/live\/SQNwaGx6Mn8 2026\u5e746\u6708\u4e0a\u65ec\u3001Charles Hoskinson \u6c0f\u306f\u300cWhy Cardano is the only Ecosystem that can run the world\uff08\u306a\u305c Cardano \u3060\u3051\u304c\u3001\u4e16&hellip;","protected":false},"author":1,"featured_media":46116,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[93,21,35,28,1,38],"tags":[],"class_list":{"0":"post-46115","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-93","8":"category-21","9":"category-blog","10":"category-28","11":"category-japanese","12":"category-38"},"featured_image_urls":{"full":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2026\/06\/sition_sipo_Colorful_pop_conceptual_illustration_a_stylized_l_6bc1454c-f491-4ba7-8f87-9d9327eac685_0.png",1456,816,false],"thumbnail":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2026\/06\/sition_sipo_Colorful_pop_conceptual_illustration_a_stylized_l_6bc1454c-f491-4ba7-8f87-9d9327eac685_0-150x150.png",150,150,true],"medium":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2026\/06\/sition_sipo_Colorful_pop_conceptual_illustration_a_stylized_l_6bc1454c-f491-4ba7-8f87-9d9327eac685_0-300x168.png",300,168,true],"medium_large":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2026\/06\/sition_sipo_Colorful_pop_conceptual_illustration_a_stylized_l_6bc1454c-f491-4ba7-8f87-9d9327eac685_0-768x430.png",768,430,true],"large":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2026\/06\/sition_sipo_Colorful_pop_conceptual_illustration_a_stylized_l_6bc1454c-f491-4ba7-8f87-9d9327eac685_0-1024x574.png",900,504,true],"1536x1536":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2026\/06\/sition_sipo_Colorful_pop_conceptual_illustration_a_stylized_l_6bc1454c-f491-4ba7-8f87-9d9327eac685_0.png",1456,816,false],"2048x2048":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2026\/06\/sition_sipo_Colorful_pop_conceptual_illustration_a_stylized_l_6bc1454c-f491-4ba7-8f87-9d9327eac685_0.png",1456,816,false],"dp-widget-thumb":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2026\/06\/sition_sipo_Colorful_pop_conceptual_illustration_a_stylized_l_6bc1454c-f491-4ba7-8f87-9d9327eac685_0-140x96.png",140,96,true],"dp-widget-thumb-2x":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2026\/06\/sition_sipo_Colorful_pop_conceptual_illustration_a_stylized_l_6bc1454c-f491-4ba7-8f87-9d9327eac685_0-280x192.png",280,192,true],"dp-related-thumb":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2026\/06\/sition_sipo_Colorful_pop_conceptual_illustration_a_stylized_l_6bc1454c-f491-4ba7-8f87-9d9327eac685_0-250x154.png",250,154,true],"dp-related-thumb-2x":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2026\/06\/sition_sipo_Colorful_pop_conceptual_illustration_a_stylized_l_6bc1454c-f491-4ba7-8f87-9d9327eac685_0-500x308.png",500,308,true],"dp-archive-thumb":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2026\/06\/sition_sipo_Colorful_pop_conceptual_illustration_a_stylized_l_6bc1454c-f491-4ba7-8f87-9d9327eac685_0-450x252.png",450,252,true],"dp-archive-thumb-2x":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2026\/06\/sition_sipo_Colorful_pop_conceptual_illustration_a_stylized_l_6bc1454c-f491-4ba7-8f87-9d9327eac685_0-900x504.png",900,504,true]},"category_list":"<a 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