We are pleased to announce our next AMA on June 23rd 2020 at 02:00 PM UTC Time: Satoshi Club x Monero
Click to see the hour/ time converted to your location
⚠️Please post your questions in the commenting section bellow
⚠️Total Reward pool: 300$
⚠️Requirements:
👉Join Satoshi Club Telegram group
👉Join Monero Telegram group
We will have the following structure:
Part 1️: 50 USD/5 users – We’ll select 5 questions from you. Please submit your questions in the comments under this article. Max. 3 question per user.
Part 2️: 50 USD/5 users – Open chat for 80 seconds. You can post Max 5 questions. Monero Team will select 5 questions and answer them.
Part 3️: 200 USD – A quiz about Monero
For more details:
Monero – @bitmonero
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Now, defi is one of the hottest topic in the blockchain space. Can you explain What are the Importance of a Oracles in the DeFi Ecosystem?
I’m a newbie in crypto and blockchain so how will Monero team target and educate people who don’t know about blockchain and crypto?
Now, some project have policies for their ambassadors to create a contribution and attract recognition for the project! So the Monero team plans to implement policies and incentives for your ambassadors ?
What is the uniqueness of Monero that cannot be found in other project that´s been released so far ?
I want to learn more about Monero, but the INFORMATION is very small, most of Monero social networks are less active, the community is relatively empty and less, what strategy does Monero team have to DEVELOP the COMMUNITY and MAINTAIN long-term user?
What is the uniqueness of Monero that cannot be found in other project that´s been released so far ? What influence do we have in the crypto industry?
Q : Can you share what are the main token utilities and real-life usage of the token? As an investor, why should we invest in the Monero project as a long-term investment?
Q: We all talk about Positive points/Pros/Good Points & Features of any Project, no one Project tell about there Cons. So can you tell us Honestly the Cons & Lacks of Monero?
Can you please tell the investors that currently how many people working as a team , their backgrounds & credentials, and their achievements. And what companies are you partnered with or seeking to partner with in future ?
How do your team evaluate the support from community? What is your strategy to marketing and for Mass Adoption? What message do you want to send to community through AMA today?
Monero looks good but it confuses me that there are so many other Blockchain projects. What should I pay attention in Monero to give it the importance it deserves? What are your planning to achieve with your project?
For the success of a project, investors, community and developers play a major role. What is #Monero’s strategy to get them involved?
When Satoshi Nakamoto created Bitcoin, he didn’t include privacy. So, why is privacy necessary in blockchain and Crypto through MONERO?
I presently use Dash and ZCOIN as my privacy blockchains. Why should I stop using them and migrate to MONERO ? What are the advantages and salient features of MONERO compared to other privacy currencies: Zcash, Dash ? What is your strategy to attract user and make #MONERO popular?
A new research study showed that there’s no privacy on MONERO actually, that 90% of transactions can be traced. People have started doubting MONERO and are even switching to others like ZCOIN. What can you say about this study, if it’s true, what can you do to save the prestige of MONERO?
How do ensure MONERO is not used by criminals for money laundering and terrorism sponsorship, because most privacy blockchains are promoting this illegal activities?
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What are your strategies in building a big and strong community? Do you agree that the power of the community will lead your project to grow globally? What are the services you offer to the community?
It’s one thing to have blockchain privacy, it’s another thing to have Web privacy. Why does MONERO provide only chain privacy and not Web privacy, maybe through VPN? Do you have plans for this?
I want to know about the MASTERING
MONERO Book about what it is and where I can buy it, please explain
Monero is one of the coins which specialized on privacy and decentralization, with so many striving competitors, what are your unique features and advantages with them?
Monero is the ultimate privacy coin and have survived many storms, so according to swot analysis, what are your strengths, weakness, opportunity and threats. On what protocol is monero privacy built
Privacy is a Rights, so how does monero provide privacy not only in crypto but helping us overcome internet censorship
What’s the major difference between mimblewibble and ZK-SNARKS
Can you briefly explain what’s the top three milestones that your team aims to execute in 2020? Whom do you see as your biggest competitor in this space?
As we know, every successful project has a few stories behind the scenes, what’s the story behind MONERO and its success? What was the original vision when MONERO first emerged as an idea? Are there any special prototypes or upcoming MONERO updates that you want to show/share with us?
There are many who believe that Blockchain will change the world. On the other hand, a new blockchain project is born every day. Too much is promised by projects and only a few of them actually execute. What does MONERO add to the blockchain ecosystem that is different than other projects to change the world?
What is it about Monero that makes it so hot and in-demand. What are the unique properties ?
I want to join the XMR Mining pool. How do I get started ?
Many things can make a project strong like the community,the quality of the project,its investors. What make MONERO strong? What will you do to make it more stronger?
What has been the most challenging part of developing the MONERO? What’s the biggest challenge you currently face in ?
What is the role of the MONERO token in the ecosystem, why use it, and why should we hold it?
There’s so many privacy coins now, all of them claiming to have better features than Monero. Moving forward, what does the next 10 years look like for monero in navigating the wave of privacy projects coming? How can Monero continue to shine in the midst of seemingly legit projects that have come to challenge Monero, like the mimblewimble projects and Zcoin, etc.?
Privacy & decentralization are as basic ideas of Monero, but on the other hand, currently XMR is listed on centralized exchanges mainly. Are you going to change this somehow, i.e. to increase a number of XMR listings on dex?
As I know,XMR is the most secured coin in the world,so can you explain about this success?
if you had to pick one, which technological feature or group of features, makes Monero better than Bitcoin?
what is the main disadvantage of Wasabi? Extra cost, time and trouble, possible failure to succeed in anonymising transactions or possible taint ?
Can I get an in depth explanation of what 0xMonero is ?
How does Monero benefit people with nothing to hide?
Monero is a privacy coin that allows users to hide both the transaction addresses and the mount sent. It is great! But do you worry about the problem that many people will use it to “money laundering” and will be detrimental to Monero? Does Monero have any solution to this problem?
Privacy is one of the main advantages of cryptocurrencies, what does Monero do to protect privacy and security for users?
What is the privacy difference between Monero and other cryptocurrencies such as Zcash, Dash, …?
Currently, many exchanges have unlisted private tokens due to concerns about legal issues and money laundering, so Monero is concerned about this?
Compared to other private coins like Tixl, Zcoin,Ghost,… Monero’s consensus and privacy mechanism are different from them?
At the current price of the token, may be it is not economically profitable to have a node. Many nodes can be stopped and this will damage decentralization. What will you do to prevent this from happening?
You organized an AMA session very rewarding and received a lot of questions related to utilities and technology, future vision etc. So now I want to ask what do you want to receive from the community?
With the emergence of many blockchain projects, especially payment projects with the latest technology, scalability, efficiency, even without transaction fees. Does Moner feel the pressure from this on the race of global payment solutions.?
Why does Monero team choose privacy as an entry point to start this project while there are some regulated countries like China and US don’t like Privacy coin at all?
Currently, there are many projects under development, so why should we choose Monero and not others? What are the advantages of #Monero over other projects?
What critical problems do you see occurring in the blockchain industry nowadays? What’s your aim to solve these problems & how will you solve? For example,
Trust is very important in business, what makes investors, customers and users feel safe when working with you?
What difficulties have you encountered during your development process? How many products have been built on your platform? Can you say some highlights from them?
What is the security mechanism of your project to ensure user assets do not become the target of hackers?
There are 3 core issues prevalent in crypto and blockchain:
Security, Interoperability, and Scalability. How does #Monero plan to overcome these issues?
What are the biggest obstacles to #Monero when you implement it to the real world, and what is your plan on overcome these problems ?
How your team attract new user toward your project?
Can you highlight some point that attract new users who are unknown about #Monero?
What critical problems do you see occurring in the blockchain industry nowadays? What’s your aim to solve these problems & how will you solve?
Which markets are you targeting for 2020 and 2021 ? What strategies do you have to attract users, and keep them with #Monero for the long term?
What is the actual uniqueness of #Monero.?
Adoption is XMR of the important factors that all projects need to focus on to become more attractive to investors. So, what is XMR’s plan to adopt more Adoption?
What was the motivation of XMR team to found the lukso project ? What is the meaning of XMR ?
The Crypto world is too familiar with the fact that projects need a real use case in order to flourish. Has you got any products and partnerships where we can see the technology working?
what are the ways that #Monero generates profits/revenue to maintain your project and what is its revenue model ? How can it make benefit win-win to both invester and your project ?
You got a lot of big projects and big partners, how do you keep up with your competitors with big community support groups?
How will Monero expand in the future as regarding team members. Growing a company can be hard. Growing to fast is not always good. Will you expand to other countries? What will be the primary focus? Growing the team or expand to other regions?
What are the ways in which Monero makes a profit and what is its economic model? How can it be profitable for both your project and the investors?
With so much competition as it is now,
How does Monero plan to expand its community and how do you rate your community?
What major achievements has MONERO achieved so far?
What Difficulties and Risks did you encounter during the implementation of the project,
and
What Factors Prompted you to overcome them?
Can you please highlight more on the decentralization aspect using your technology?
What makes MONERO Network an interesting choice for developers over other blockchains?
How do you choose / name it “MONERO”?
What was your idea at that time, so you choose “MONERO”?
Who is your Targetted Userbase? On which type of Users & industry you’re mainly Targetting?
Which types of services are provided by MONERO project to users & other Developers as well?
With the progression of blockchain technology, there has been an endless supply of blockchain projects entering the market. Many of them are far from the targets. So what will be MONERO’s sustainability receipt in this tough blockchain marathon?
How is your roadmap looks like for 2020? What future event or feature on your roadmap are you most excited for?
DeFi seems very easy to use. So many Users explore DeFi because of its simplicity.
What is MONERO Contribution to make DeFi in having the best User Experience?
What role does the community play in the #Monero? What have you done and will do to attract people to join #Monero and build a thriving community?
What is the plan to ensure sufficient liquidity on exchanges to fill market orders, especially as adoption increases and clients begin multiplying year-over-year?
What are your major goals to archive in the next 3-4 years? Where can we see MONERO ecosystem in this period? What are your plans to expand and gain more adoption?
There are some common issues in today’s technology: *scalability, *adoptability *privacy *potential of tokens! So, how will Monero look towards such factors?
The crypto market is becoming overcrowded with blockchain projects and tokens, what makes Monero different from other projects?
Can you talk about your past? How did you decide to start the MONERO project and why is the project called XMR?
What role does the community play in the #MONERO? What have you done and will do to attract people to join ontology and build a thriving community?
Which area does #MONERO focus on at the moment? (DeFi, Dapps,..) and which products/projects are you developing to support it?
What is the main reason behind the wformation of XMR? Why do you think coins like XMR should be in the Marketplace?
DeFis appears in many blockchains, I would like to ask, if MONERO is successful, could it be transferred to another blockchain?
For each project, community factors contribute to the project’s victory. So, what strategies does XMR have to develop community and retain users in the long run
What is the leading Utility of $XMR? And what is tokenomics of it?
Aside from doing AMA’s, are there any ongoing projects that we can expect from $XMR this 2020 that will most likely change the way a user see the project?
What should new users be aware of when transferring XMR into and out of their wallets? there seem to be a lot of extra options like payment ID, unlocked balances etc.
Can you walk us through the integration timeline? I know this has been a long-term initiative for you. When did you start working on it? Did you need to start over at any point?
What seed type are you going to use? Can I restore a Monero wallet created with the reference implementation (GUI/CLI) on Coinomi? Does it use the 25-word seed?
Are you already supporting subaddresses or only one main address?
DeFi & DApps What are the best use cases for Blockchain? How does Monero work with DeFi?
The development of XMR depends on Monero, so what is the role of XMR in the Monero ecosystem? From Monero’s point of view, how should people see XMR and how should they benefit from XMR?
The biggest dilemma for cryptocurrencies right now is volatility and liquidity. What steps did XMR take to fix it?
Can you share with us some of the future plans, such as the marketing development plan and recent activity plan for the Monero team?
What is your plan for 2020?
The biggest problem for all projects at this time are Scalability and Security, so how will you solve these matter?
Mass adoption is an problem for blockchain projects. So how will Monero solve this problem in order to achieve adoption in reality?
Can you tell us the motivation and benefits for investors to hold XMR token long term? What plans do you have to help drive demand and scarcity for the token?
Most investors only focus on the price of the token in the short term instead of the real value of the project. Can you tell me the benefits for long-term investors?
What is the biggest achievement you are most proud of?
What do you think is the biggest problem #XMR will solve that no other project is solving now, and why it is the problem important to solve?
What is the focus for XMR this year 2020? Tell us about your plans and goals to be better?
What is business model of Monero and what is the core utility of XMR token in Monero project?
What do you think the role of community in Monero ecosystem? What’s your plans to keep build positive community and what do you expect support from SATOSHI CLUB community?
What’s the unique thing in Monero that no other blockchain has, that makes you the better option?
Mass adoption is an problem for blockchain projects. So how will #Monero solve this problem in order to achieve adoption in reality?
What is the benefit for Monero holder ?
Liquidity is really important points for a cryptocurrency coin, what will you do to improve ability for people to both enter into and exit from positions in Monero?
What are the highlights of Monero? Is that the only difference that makes Monero outperform other competitors?
• Monero started in 2014 and has had a sustained and constant development. Is there anything else to develop in the project or have they already reached their maximum? What can we see in the coming months?
Recently, “Staking” is a very popular topic. Please tell us in detail about the Monero staking plan and the benefits of adding “staking”?
• Apart from hiding our identity and making private transactions, what added value does Monero have? What use does it have in daily life?
What is the utility of the XMR ? On the basis of which you can increase the users of your project? Who is your competitive at present time? How to come first position in all them?
• Although Monero was first, new projects have emerged like Zcash, Zcoin. How does Monero remain as the leader in this type of project? Do you think you are a strong competition?
How will Monero target and educate people who don’t know about blockchain and crypto?
Where do you see your Monero product actually used for solving the real world problem?
Can you tell me a few real life examples of how the Monero project can help people?
1) Despite Monero’s security and privacy, there is a chance it could be hacked?
2) According to the characteristics presented by Monero, why do you think it has not grown any more?
3 )In such a changing market, how do you see the future of Monero in the short, medium and long term?
At the beginning of the project (July 2014) the minimum hardware and software requirements were decent at the time, however currently these requirements are really low, so it is possible that as time passes, these requirements will increase, making mining more expensive? Could these investment costs be decreased?
The security schemes proposed in the project really read very well, however, in case of loss of my cell phone, how can I get a recovery of my data? Is it possible to link GIU Monero with any additional account?
Why choose Monero? How is it different from other projects that are already present on the market? Lower commissions compared to other projects? How much is the commission for each transaction?
About transaction speed, what is the average of time it takes to Monero to confirm and add a new block to its blockchain?
Regarding the privacy of operations using Monero, how is avoided tracing through transaction history?
There are so many privacy coins like ghost,dash,Montero so what are the significance features on which a invervester choose to invest in Monero ?
Telegram username
@Uno523
Many projects are based on Monero architecture and technology! What do you consider to be the greatest strength of MONERO that has made dozens of projects consider them as the basis of comparison for their projects?
What is the difference between Monero’s RandomX and Bitcoin’s HashCash system? Why is RandomX considered the star of Monero mining? What advantages does it have over HashCash?
What does fungibility mean in the Monero project? How does this concept apply to Monero’s profitability? Thanks
Why should we choose Monero over other similar platforms? How is Monero different? What makes Monero unique?
Monero has reached many milestones. But of all the milestones you have achieved, which do you consider to be the most important so far and why?
How is the development of Kastelo going? When will it be available? What can you tell us in advance?
please tell us more about ring signatures and ring confidential transactions??
What are the next big MILESTONES prepared in Monero project? Do you expect convincing big companies? What about community growth, is it going as planned, are you expanding well in social networks and adepts?
Why a project like you need a token? That is the role of Monero in the platform?
Im holder of monero. This is in 5k of coins and tokens my favorite coin with privacity. To 2020 and 2021 have any persperctive of new forks ?
The privacity is good because all the transactions is untraceable. But this make problems. Money laundering virtual crimes and other things. How they deal with it ?
If i want to be a monero official representative in my country what shoud i do and who should look for ?
Any perspective to monero enter in trust wallet ?
Monero has GUI wallet and CLI wallet, what are the differences between both, which one should I use depending on my necessities? why wasn’t it possible to put the advantages of both wallets in one?
Why are necessary three privacy technologies in Monero? ring signatures, ring confidential transactions, stealth addresses… what is the function of each?
Would Minero privacy technology facilitate or allow, that a user could receive tainted coins and be at risk? Can I as a user check it before receiving a transaction, or is it ensured that Monero is 100% fungible?
DeFi is one of the hottest topics in the blockchain space right now. Can you share your opinions on DeFi with us? What is XMR approach towards the DeFi sector?
You have the best Privacy centric Coin but why is the majority still using other less advantage tokens/coins? what seems to be the reason for this?
There are many other privacy coin like XVG,ZEC than how MONERO is different than them? And how you will compete with other projects?
What is the function of the key image generated with each transaction output? Can it lead to track the data of the transaction?
Same as Bitcoin, MONERO is based on Proof-of-Work (PoW), but what’s the main difference between MONERO and Bitcoin? And, how does MONERO Blockchain protects privacy in every transaction you make?
Privacy coins have good utility for users but governments don’t believe the same. Moreover, if you search Google for privacy coins, there is a question is Monero illegal and the answer is that Monero is open to be used for illicit activities and for evading law enforcement, as it remains outside of capital controls with no traceability. In such a situation what does the future holds for Monero and privacy coins in general in terms of utility and worldwide adoption?
MONERO has always been criticized for anonymity and illegal transactions under its name. However, many crypto-euthiasts love the privacy it brings to every transaction they make.
– What are your plans to educate, raise awareness and adoption to the communities so that MONERO can better understand its technology?
What prompted you to start creating an anonymous coin. Were there any special prerequisites for this?
Monero is Proof of Work like Bitcoin.
What makes you decide to be a Proof of Work while Most of the Blockchain company these days are PoS?
All current projects are concerned with the speed and quantity of transactions. Old projects have also improved their network. So what else does Monero doing to bring investors?
What are incentives or benefit for holding Monero in long time for loyal investors?
In the last AMA with Ghost, it was claimed that Monero, Zcash and other coins are good but beside sending transactions, you don’t have more utility. What do you have to say about that? Thanks!
As we know, every successful project has a few stories behind the scenes, what’s the story behind Monero success? What was that vision when it first emerged as an idea? Are there any special prototypes or upcoming Monero updates that you want to show/share with us?
One of my friends who works in the German anti-laundering and anti-fraud department, said that they are able to track even Monero transfers. He didn’t give me specifics however. Can you tell if that’s true? What are the steps to be taken to become untraceable?
Total Supply?
#XMR
Do you have any statistics that you can share about how people use Monero (for what kind of transactions)? It would help a lot to fight the negative view that it is used primarily for illegal stuff. Thanks
A new movement is pumping oxygen into the cryptocurrency industry, it’s called DeFi. What do you think about DeFi ?
Q. What are the best services provided by #XMR for traders and investors in digital asset trading?
Who chose Esperanto as the language from which to choose the name of the project? Do you use Esperanto for other communication within the project except for the naming?
Q. #XMR biggest highlight is its cross-chain support Compared to other DeFi platforms, so does MONERO can offer collateralized loans and stablecoins to users of major crypto assets, even btc?
Q. How do you see South asian Countries to expand like Vietnam, China & India?
How has Covid Affected Your Development?
#XMR
Q. Can A non-crypto person generate profits on their projects using #xmr , is there a plan to atrack this users?¿
Q. I know almost nothing about the project, so I would like to know if users will have any decision-making power over the ads we want to see?
They has been a lot of token projects that has failed in the crypto market, so what makes your #XMR Token projects different and what guarantee do you have in it that it will survive the crypto space?
In a time when sustainability and green energy is a focus for more and more people, how do you comment the fact that Monero is a POW coin that uses a lot of energy to be created and if you (the project) plan to switch to POS or other technology that doesn’t involve that much energy consumption?
What are your strategies in building a big and strong community? Do you agree that the power of the community will lead your project to grow globally? What are the services you offer to the community? #XMR
Q. What are the benefits of holding #XMR in long-term?
A new movement is pumping oxygen into the cryptocurrency industry, it’s called DeFi. What do you think about DeFi ?
In past few years many cryptocoins are prone to hacking …what you can assure to crypto traders that #XMR has strong security and privacy to prevent hacking ?
How do you assess the potential of the Vietnamese market. Does #BNTX have a plan to collaborate with any partners in Vietnam to develop communities and users for the #XMR ecosystem?
How do you plan to spread awareness about your project in different countries where English is not spoken well?
Do you have local communities for the them to let them better understand about your project?
What are the main benefits of a person if he uses DASH?
Why is DASH FUTURE Trading better than other deals?
Are there any plans for burning coins in the near future to reduce supply and increase demand?