Waltonchain AMA via Binance
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Hello beautiful people. The AMA started with this message-
Don’t panic! You’re not banned, you are just muted for portions of the WaltonChain x Binance AMA.
The AMA will be happening as follows:
Segment 1: Darc will ask Mo a few questions
Segment 2: Mo will ask the chat 5 questions, A link to a google form will be sent into the chat for each question, so total 5 Google forms. Each Google form will open for 120 seconds. Participants must fill in (a) the answer and (b) WTC deposit address © TG @ . 400 WTC per question to be divided among all the participants who sent in correct answers. So total 2,000 WTC to be given out!
Segment 3: Audience asks Mo questions about WaltonChain. Take some time to think up some really good questions. Mo will select five of the best questions to win 100 WTC each!
2,500 WTC will be givenaway in total.
If you enter your deposit address wrong etc there is no changing it.
If you don’t have a WTC deposit address you will be unable to claim the giveaway
- When will coins actually be swapped and how many child chains will be announced then? Does it mean that the whole ecosystem with synced child chains goes live? If not, can you explain to us the current situation? What should still happen before the whole ecosystem goes live?
Bing- Wow! That is four in one :)
Darc- Multi-kill
Bing- We already released Waltonchain Cross-Chain system. So the child chain ecosystem is live. Token swap will start shortly. Currently, we work with exchanges on it. By the way, we will announce two new child chains: Yanghu Distillery and Huodull. We are also deploying the DMTC child chain
Darc- Quad answer!
2. We are interested in how and when you will market the Waltonchain ecosystem. You have set up global communities to raise awareness and introduce child chains but will you also advertise direct to industry and also do other regular sorts of marketing in the future?
Bing- We have already started to market. And we sure will expand it. Each of our child chains in the Waltonchain ecosystem represents a specific industry, like liquor, logistics, agricultural products etc. Now we actively connect with various industries, provide industry solutions for them and expand the application field of our ecosystem.
Darc- Awesome!
3. You recently launched an in-house built ASIC (KIRINMINER) and also a hardware Bamboo Wallet both of which were welcomed by the community. Will there be any more retail hardware releases in 2019? Do you have a beta website ‘Mall’?
Bing- Yeah, were glad to see how they sold out 🤪 The KIRINMINER ASIC and Bamboo Wallet are both quite popular in the community. We prepare to sell the second batch of the ASIC. TBA shortly. Besides, our blockchain data collection terminal — Waltonchain Box — entered deployment testing and RFID chip entered tape-out.
Darc- Exciting!
Bing- When we complete the testing, we will officially announce them to the community.
4. Can you give us a rundown of some of the key people in your core team and their business or technical experience? I believe you have both Chinese and Korean team members? Can you also say roughly how many people are working at Waltonchain?
Bing- Waltonchain is a joint project initiated by both Chinese and Korean team members. You may have heard about our geniuses Kim Suk Ki and Wei Songjie 🤓 We have about 200 employees now.
You can find the latest core team introduction in our white paper
https://www.waltonchain.org/en/Uploads/2019-04-25/5cc171763aebb.pdf
5. A great catalyst for mass adoption is often achieved by making available Solution Development Kits (SDK)’s and providing developer resources to the community. Up to this point, Waltonchain has not provided these much-needed tools in order to advance and propagate the ecosystem. When will an SDK and developer resources be made available to the community so that users may begin developing smart contracts and/or side chains of their own?
Bing- Sure, we will provide all the needed resources to our developer community. We are currently improving the Cross-Chain System SDK and prepare to release it. With it, child chains can develop a cross-chain data endorsement module of their own and customize the parameters of data endorsement to our parent chain, like frequency and gas fee.
Darc- Thank you so much for answering my question Mo!
Bing- You are welcome.
Then this happened
Okay, chat. This is how the next part is going to work:
Mo will ask the chat 5 questions, A link to a google form will be sent into the chat for each question, so total 5 Google forms. Each Google form will open for 120 seconds. Participants must fill in (a) the answer and (b) WTC deposit address © TG @ . 400 WTC per question to be divided among all the participants who sent in correct answers. So total 2,000 WTC to be given out!
Darc- You ready with the question?
Bing- Sure!
Bing- 1. What was the first cryptocurrency exchange to list $WTC on Aug 27, 2017?
Then the chat went crazy because darc let people answer.
Darc- @MobingWTC What was the answer?
Bing- Binance, of course! 😘
Bing- 2. We already have 40 Global Autonomous Nodes. How many members do you need to open a Waltonchain Global Autonomous Node?
And the chat goes wild !!
Darc- There’s going to be some very unhappy people if its not 150+
Darc- What was the answer?
Bing- But that’s exactly 150 :)
Bing- 3. How many Master Node types does Waltonchain mainnet have so far?
The crowd is released
Darc- @mobingWTC lot of mixed answers this time. Who got it right?
Bing- There are some smartypants who dug something interesting at GitHub. But there are 3 officially announced now. GMN, MN, SMN.
Bing- 4. The 1st batch of our ASIC miner KIRINMINER (200 pc.) was sold out within a week. What was the ASIC’s USD price?
Darc- How much were the Kirinminers?
Bing- $6380
I got that one wrong >:)
Darc- Okay! Last question then we will move on to the final segment!
Bing- What does ‘Walton’ in Waltonchain’s name stand for?
Darc- Finishing with an easy one :)
Charlie walton
Are you guys planning on getting WTC officially supported for the Nano Ledger S after Token Swap?
Since we are now open source and have provided API interface, any third party hardware wallet can now integrate WTC in their wallet. We are also communicating with some major hardware wallet company such as Nano Ledger S.
When are you gonna provide us with a Linux Wallet and/or miner?
Due to the heavy work load of R&D work within our team, we will develop Wallets base on different system according to the need of the majority in our community.
Why do we need to build child chain on WTC? What are the challenges for Waltonchain and how do you overcome that?
The child chains is what will make our ecosystem widespread. They will help us enter every industry and will embody the real value of WTC (each cross-chain transaction will use WTC as gas)
The current challenge is spreading word about us 😄
I really don’t see any marketing done by you guys? why so? waltonchain has working product and it has to be appreciated in the crypto industry
Thanks for your appreciation of our project
We will add fuel to our marketing! Our autonomous nodes help us a lot already!
Waltonchain RFID chips can upload data to the blockchain directly, without using API to coordinate. It’s not clear how the process differs from competitor solutions, or why it has an advantage. Can you explain this process in a little more depth?
Our RFID chips realize the uploads of blockchain data via blockchain data reader-writer, and complete two way authentication with blockchain, without the interference of human and ensure the authenticity of all the data.
What are the specific features unique to the Waltonchain RFID chip that have been successfully patented and cannot be copied by competitors?
Our RFID chips combine the software feature of blockchain in it, which can realize two way authentication of software and hardware. We have successfully applied patends for these technology, which projects our first mover advantage in our future development.
Can you give us a brief explanation of the importance of time stamps in the waltonchain ecosystem? Would you say they are essential for the future succes of the project?
Time stamp is one of the methods to ensure data authenticity. When data privacy is not required, timestamps are configured and vice versa
How can Waltonchain profit from the Data they get ,from scanning the rfid tags ? Buzzword Big Data
We track products circulation from the raw materials to the sale on blockchain (!). in this process, we collect valuable data analysis of which can help customers improve their business models.
what do you see as WaltonChain best competitive advantage, that sets you apart from another blockchain in logistics?
We are the first (and by now the only one) global project to integrate IC with blockchain. We develop hardware in-house and have our chip technologies patented. We also developed an encryption mechanism to make it really impossible to forge the data written to the chip. This will help us achieve the widest application scope in traceability. Other blockchain projects (like VeChain which the cryptocommunity likes to compare us to) do not have IC technologies of our level
How can we distinguish the difference between Waltonchain and the rest of the supply chain projects? Why this solutions are considered to be better?
Rather than a pure supply chain project, Waltonchain is more of a public blockchain platform, which provides a completed solution combining software and hardware. Our hardware are specially designed for blockchain solution. We have a strong hardware and software R&D team dedicated to this mission. Examples can been seen from our previously announced hardwares such as RFID chip, blockchain data collection terminals, etc
When USDT trading pair on Binance?
we are in close contact with Binance on it. The USDT pair will be listed shortly!
It was said that we would see WTC technology in mobile phones in 2019. In one of the latest AMAs there were also stated that you provide chips for Huawei. Could you provide some more info regarding this?
In our previous news release we mentioned that we have developed infared chip. We are the provider of KGD for assembly factory, who are the supplier of Huawei, ZTE, TCL, Chuangwei, etc.
What an exciting AMA! Lots of answer from the Waltonchain team!
Thanks for reading :)
