We were happy to host the AMA and answer your questions!
For those who could not participate, we made this article.
Here are the top questions and their authors and our answers. They receive a prize of 15,000 SOUL:
Hi, tell us more about the future of blockchain and its details.
Will it be restored?
How much will the network cost?
And tell us more
-"We are creating a SOUL blockchain with a substrate from WEB3. This greatly simplifies and reduces the cost of developing of the coin. Maintenance of one node cost about $ 30 per month (cost of one server) + support from the developer. At least 2 nodes are required for the network to work.
- Reduced costs.
we spend more than $ 1000 per month on ether fees. Instead, we will buyback more SOUL on the exchange
- convenience for all users making transactions.
You will not need to buy ether to make transfers, which is a strong simplification for the user
- Unique tokenomics including staking.
Staking has proven to be one of the best useful features. This calls holders to store tokens increasing their share, while those users who do not stake their share are slowly diluted relative to the total.
- Flexibility to add new features and improvements.
Initially, we ourselves will decide which functions to add to the blockchain. Then, when the network grows, we will move to a decentralized government, where network participants will vote for certain decisions.
- Our own blockchain has more perspective compared to the ERC20 token".
The recent market for cryptocurrency is not free from hacking attacks. There are many problems such as hacking attack on KUCOIN exchange / OKEX private key / ORIGIN hacking. In fact, all of these exchanges and projects have been audited by security companies. But in the end, these problems occurred. investors are anxious. Can soul defend this security problem well? And is there any contingency plan for the victims?
-"All of the above problems are related to the centralization of these projects. The big question is which is safer to store coins in a decentralized way and potentially lose / compromise your private key or store them on a centralized exchange.
If you know how to handle wallets, then the first option is more secure for you".
Congratulations to you,and to the team!!
Why do we need to unlink the phone with 1000 souls? not free!! I restored my phone but I can't login in until I use 1000 souls.
-"There was a time when quests were nullified with unlink, and it was protection so that players could not abuse it. We changed the logic, now quests are saved when unlinking. And in the next update we will remove the unlink fees. Thanks for noticing this".