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Topic: Satoshi Club x pNetwork AMA - $750 Reward Pool (Read 267 times)

newbie
Activity: 24
Merit: 0
October 08, 2020, 07:32:48 AM
#24
tg: @whoosylady

what pTokens bridges are currently available and which ones do you plan to add in the future? Also, how many funds are currently locked?
newbie
Activity: 103
Merit: 0
Q1

How will PNetwork DAO implement community procedures and how will the governance process work in the development of PNetwork in the future?

Q2


PNetwork How pNetwork designed validators to secure and help shape the future of the network? How do validators contribute to security?

Q3

Why does PNetwork use Multilateral Calculations and Reliable Computing method? How does this come into play in prevention?
newbie
Activity: 7
Merit: 0
Why there is a need to generate pTokens like pEOS or pBTC ?
Can We create it with any tokens in the ecosystem? 

Telegram- @iam12312
newbie
Activity: 84
Merit: 0
1. Can you explain more about the Steroid Finance? How does it works in pNetwork? What is the use of Steroid Finance?

2. How to join as Dao Staker in pNetwork? What are the requirements? Thank you

3. Many platforms already, and sometimes so hard to understand the nature of the project. So can you clarify to Satoshi Club what is your main objective in building this project? What is the main services or product of pNetwork? Thank you!


Tg:@jobel4
jr. member
Activity: 40
Merit: 2
1) PNT can be staked within the pNetwork dao for voting. What is the voting system for that? All can participate or any restriction and any kyc needed for that?


2) If i want to Make my $LTC #Ethereum-compatible with $pLTC,  is it possible?  If yes, so tell me what is process? How can i do that and what about fee?


3) You told Deposit BTC and earn with pNetwork’s newest yield farming strategy.But where i Deposit BTC to earn reward? And whats wallet have to connect?

TG: @bulbul03
newbie
Activity: 12
Merit: 0
Good afternoon. Please explain the subtleties of your platform using the example of the Satoshi Club SC token which is issued on the Binance Chain. When I send it to your platform via the cross-chain, what happens to the token next? From native SC it turns into an internal token of your pSC network  ? In the same quantity as I sent? Or am I wrong?
 And where are my native SC tokens stored then? Will I have a private key from the wallet?
 And you will add support for Binance Chain so that I have the opportunity to try your platform in action?

Tg: @konditer_rolex
newbie
Activity: 63
Merit: 0
How do you plan to explain such technical  MPC to a wider audience? How do you plan to show the world that your product is not  another useless blockchain solution to a non-existing problem ?
Telegram : @victbt
newbie
Activity: 46
Merit: 0
1- Where can I get pEOS, pBTC and other pTokens, any wallets or exchanges to support them?
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2- Why is a Multi-Party Computation (MPC) algorithm required in the system?
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3- Are you able to keep up with your roadmap? What have been the biggest challenge so far? What is the most prior target to achieve currently?
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// Telegram: @apocan99
newbie
Activity: 46
Merit: 0
1. What are Trusted Execution Environments (TEE)? What is the mission of them in pNetwork?

2. Can you tell about Governance on pNetwork ecosystem please? Who can be a validator? What criteria determine the voting power? What are the earnings of validators?

3. Why did you call "p"Token, what does "p" stand for, what are the features of pTokens?

TG: @cengizhantekin
newbie
Activity: 151
Merit: 0
Can you explain more about Steroids, how can I become a YIELD FARMER on pnetwork

What are pAssets, how can I generate them and are they pegged and Swappable with real crypto assets

Q3 Being a DAO what options are available for me in your Governance, how can I participate in Governance and what any requirements do I need to have

Telegram : @endtimeprophet
newbie
Activity: 13
Merit: 0
PNetwork can teleport any token to a different chain of blocks, without friction, this is a great novelty, now how do they do this transport?

How did the PNetwork project make cross-chain and DeFi transactions possible?

In case I am conducting a cross-chain transaction and it is canceled for some reason, what happens to my assets? PNetwork liable for failed cross-chain transactions?

@yiselen tg
newbie
Activity: 100
Merit: 0
Q1. pNetwork aims to be the most decentralized cross-chain defi project and will undergo series of upgrades to achieve it's goal. Can you share with us some upgrades made on the network? What more upgrades should we expect?

Q2. I read that pToken project was birthed by the team behind Provable things and Eidoo, and it marks a new paradigm for Defi ecosystem. What major/recurrent fault did you notice in the Eidoo project that both team decided to upgrade it?

Q3. pNetwork pride itself as the heartbeat of cross-chain composability, using the MPC and TEE-backed technology. How does the technology work in securing the pNetwork infrastructure?

Telegram: @Idee01
newbie
Activity: 84
Merit: 0
1)The pNetwork is secured by Multi Party Computations and Trusted Computing, a combination which makes attacks both expensive and impractical...can you explain  how this Multi party computations work and what gives you confidence that An attack on pNetwork will be expensive and Also impractical



2)How is the circulating supply of pTokens like pBTC, pEOS, pLTC determined is their supply equal to that of the coins they are pegged to or is it dependent on the demand for them By users



3)pNetwork has a liquidity mining programmme in it's Ecosystem called Steroids which will Automatically Mine liquidity for Defi Liquidity pools and Farm PNT when contributing... And I see mouth watering APY of 57.30% for pBTC and 42% for PNT.. Can you explain how Steroids generally works, who can participate, what are the requirements, and what process must potential users undergo

Telegram Username: @Jonahapagu
newbie
Activity: 8
Merit: 0
telegram handle - @muw_muw

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Could you please tell us more about the technologies that pNetwork combines to secure the pToken bridges? Which are the technologies and how are they used in order to make it secure?

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Have the pNetwork developments been constantly audited by a third-party and if so, by which company? How often and in which phases do you audit the codes?

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Which pToken bridges are currently live on the pNetwork ’s ecosystem and which tokens can be pegged in each of these networks?
newbie
Activity: 10
Merit: 0
Your project idea is rather unique and I’d like to know, what kind of factors currently existing on the market made you create pNetwork? What is the actual problem that pNetwork is trying to solve within the blockchain, considering that we already have i.e. renBTC and wBTC? What additional value does pNetwork bring to cryptos?

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What kind of utilities does the PNT token bring besides offering a chance to participate in governance decisions? How are they used in creating the pTokens?

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The pTokens are pegged respectively to the main tokens. Where do you store the tokens that are pegged against the pTokens and is this information verifiable by some way?
newbie
Activity: 5
Merit: 0
Question 1

How can an investor in the pNetwork ecosystem participate in the DAO process of the network? What kind of requirements are there for the investors and how do you punish misbehaving nodes, for example? Is it up to DAO to decide?

Question 2

How do you choose the next pTokens to be issued? What kind of a logic is there behind this process?

Question 3

Are you planning in operating in other blockchains such as Polkadot in the future to create tokens such as pOM or pDOT etc. or are you now mainly focusing just on the Ethereum and EOS Network?


telegram: @thebastaboy
newbie
Activity: 4
Merit: 0
TG: spectrej

Q1:

You use Multi-Party Computation (MPC) algorithm in order to reduce the control of your dev team on the project. How can pNetwork remain ready for a possible malicious attack or against hackers if you’re losing your power in the project?


Q2:

As a regular user of Uniswap DEX, I’ve often faced the wrapped tokens such as wETH. How does i.e. pETH differ from that and what kind of advantages is there in using the pNetwork ecosystem for these types of tokens?

Q3:

The pTokens have been created in order to improve blockchains. How exactly do they improve them and which occurring problems do they fix?
newbie
Activity: 7
Merit: 0
1. Which crypto projects would you consider as pNetwork’s main competitors on the market right now? With what kind of strategy do you plan to beat them on the market?



2. It can take years until ETH 2.0 is actually on the market bringing scalability. You’re currently operating under the ETH Network so what kind of issues can the users expect in case the ETH Network will become even more congested than it is currently?



3. As a user, can I somehow peg my BTC or USDT to create pBTC which is compatible with either Ethereum or EOS network? Is it possible without too much understanding about the technical side of blockchain?



Telegram: @lv_nlv
newbie
Activity: 11
Merit: 0
1. What kind of mechanisms does the pNetwork use to maintain the price stable at 1:1 how it’s supposed to be? Do you have some specific algorithm for this?

2. Why is it necessary to peg the tokens to stable coins like DAI and USD and what’s their relation to pUSDT? How can we as investors trade these tokens and what kind of mechanisms do you use in issuing them?

3. Considering how popular topic staking currently is, can we as investors stake the pNetwork’s stable coins some where and at which APY if so?


Telegram username: @annasmirnn
newbie
Activity: 9
Merit: 0
Q1


You’re currently offering 42% APY as the DAO awards. How can such a high percentage remain sustainable in the longer term or is it a temporary reward? How many PNT tokens am I required to hold to be eligible and what are the limits in this in general?



Q2


How can one become a validator for the pNetwork ecosystem? How many PNT tokens am I required to hold for that and what other minimum requirements are there for validators?


Q3


What kind of a role does the Aragon platform play in pNetwork's ecosystem? Why have you chosen Aragon over alternative options for your decentralized network?



TG: @regard94
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