AMA Satoshi Club x Ethereum Classic, June 27th

We are pleased to announce our next AMA on June 27th 2020 at 02:00 PM UTC Time: Satoshi Club x Ethereum Classic

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 Ethereum Classic 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. ETH Classic Team will select 5 questions and answer them.

Part 3️: 200 USD – A quiz about Ethereum Classic

For more details:
Ethereum Classic – @ethclassic
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Posted in Uncategorized

139 thoughts on “AMA Satoshi Club x Ethereum Classic, June 27th

  1. How does ETC plan to Become Interoperable with Ethereum ?
    DeFi is Hottest Topic Nowadays !
    What are some DeFi apps hosted on ETC network & how do you plan to expand your user base ?

  2. How does #ETCCoop plan to support #dapp developers? And what’s your personal stance on token economies being developed on $ETC?

  3. Does ETC plan to implement the Serenity upgrades as they come online? If so, are they contributing to the research, specs, or implementation?

  4. How are developmental changes made on ETC network ?
    Do you plan to transition to PoS for scaling your network like ETH is Progressing to RTH 2.0 ( Casper ) ?

  5. 1. With Agharta Update live , ETC is more interoperateble with ETH !
    What is the Reason for making ETC interoperateble with Real ETH ?
    2. What are your important goals & Milestones for 2020 ?

  6. DeFi is one of the hottest topics in the blockchain space right now. Can you share your opinions on DeFi with us? What is ETC approach towards the DeFi sector?

  7. What solutions are there for the 51% attack? What do you suggest miners can do to help out? What role will ASICS play in mining moving forward?

  8. What’s ETClabs view and plans on accessibility of running full nodes? I think, currently, full nodes are able to blacklist accounts. Could you confirm if this is correct? Should full nodes be able to blacklist accounts? If yes, could you explain the reasoning and what it solves?

  9. What are the priorities right now?What will we see from the ETH 2.0 collaboration? Will it affect ETC’s competitiveness?

  10. Supposedly Byzantium and Constantinople upgrade can break the immutability of existing smart contracts. What do you guys think of this? My personal opinion is that we should not allow breaking any existing smart contracts if we are to be serious about immutability. Have you considered having versioned VMs as this seems to be the only case we can guarantee that programs can be built for the future?

  11. What is your plan to gain adoption fast enough that the market will not be saturated with other similar project by now and what advantage could you offer?

  12. Partnering is one of the factors leading to the success of a project. Are you focusing on any partnerships with other projects in the near future?

  13. What strategies will the ETC team use to educate and attract people who don’t know about blockchain and crypto?

  14. Can you list 1-3 killer features of ETC that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?

  15. 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 ETC?

  16. Q: How do you think with Asia market? Does ETC team have any plan approach VietNam which the potential market in crypto, there have many great teams and investors want work and earn money from crypto?

  17. Q:For the success of a project, investors, community and developers play a major role. What is #ETC team’s strategy to get them involved?

  18. Q: The market today has a lot of development projects on the Blockchain platform. One of the factors that makes the platform appealing to many users is its special features. So, what are the outstanding features and advantages of #ETC to attract users and investors?

  19. Q: I’m a newbie in crypto and blockchain so how will ETC team target and educate people who don’t know about blockchain and crypto?

  20. Q: What is the uniqueness of ETC that cannot be found in other project that´s been released so far ? What influence do we have in the crypto industry?

  21. Q: Currently, 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?

  22. Q: Currently, some project have policies for their ambassadors to create a contribution and attract recognition for the project! So theETC team plans to implement policies and incentives for your ambassadors ?

  23. What do you think is the biggest problem that Etc needs to solve because there are no other projects that are currently being solved? Why do you need to solve this problem?

  24. How will the cooperation with Second State benefit the ecosystem of Ethereum Classic? How many dapps have been developed on the basis of ETC, do those projects work stably?

  25. After the hard fork was completed on 9 – 13- 2019. How has the Ethereum Classic project improved and evolved, can you tell more about this issue such as the number of users, the Dapps developed on the ETC platform …?

  26. What can you assure cryptocurrency traders that Ethereum Classic has strong security and privacy to prevent hacking after a hard fork?

  27. What is the difference between Ethereum Classic (ETC) and Ethereum (ETH)? Why is ETC still using Proof of Work (PoW) even though it is slow and energy-intensive?

  28. How does #ETCCoop plan to support #dapp developers? And what’s your personal stance on token economies being developed on $ETC?

  29. How difficult has it been for the developers and the broader team at Etc to stay focused on delivering a quality outcome, whilst most other crypto projects are centred around hype rather than quality/actual use case?

  30. What do you think is the biggest problem that Etc needs to solve because there are no other projects that are currently being solved? Why do you need to solve this problem?

  31. What are your thoughts on the current DAPP industry and how will EthereumClassic help DAPP industry to grow?

  32. As we know the ETH 2.0 upgrade is about to be released, how does it impact the ETC network? Do you have any plans to upgrade the ETC network this year?

  33. What is the main contribution of Ethereum Classic to the main application of digital payments? Are there any current initiatives related to partnerships / applications that can be put on the Ethereum Classic Blockchain?

  34. How does ethereum classic differ to ethereum?Is there any advantages of ethereum classic from ethereum?

  35. How did you come up an idea in launching Ethereum classic?Why did you decide to launch this coins despite of having ethereum already?

  36. After the successful Phoenix hard-fork activation on Ethereum Classic can I still use Parity Ethereum or OpenEthereum or I need to consider migrating to Core-geth?

  37. Staking and mining is very popular nowadays as an incentive. is there a #ETC plan to staking and mining the program ? if yes , what makes #ETC staking and mining different compared to its competitors and are there any requirements for joining the program staking.

  38. User’s Funds security is really critical issue & Unfortunately, If Constant platform Hacks or suffers from security Breach, Then is there any User fund insurance provided by Constant platform?

  39. If I Invest my Cryptocurrencies on Constant’s Platform for earning interest on crypto … but Later, I want my crypto urgently, can I withdraw my cryptocurrencies quickly or do I need to wait for maturity or lending period end?

  40. Is there any Minimum or Maximum Amount Limit on Investing or Borrowing in the Constant Platform? Also, can we withdraw my Funds anytime if I want or there are any T&Cs

  41. What response can legacy financial institutions have for crypto lending platforms? Do you believe they will just accept what seems to better benefit from an asymmetric competitor or will they attack it by lobbying regulators to do so?

  42. 1. How many coins does Constant currently support for lending and borrowing and which are new for the next few years you’ve planned?
    2. Do I need to do my KYC Verification for Using your platform?

  43. How will you face regulation problems from Governments of different countries, if you try to launch your project in different countries?

  44. How do you think you can compete with centralized platforms like Binance, which are growing non-stop (apparently)?

  45. • What is the difference between ETH and ETC? Are they from the same company? Why do they have similar names?

  46. • According to the website, ETC is similar to BTC in its programming. Does ETC have a halving every certain period of time? How are the rewards for miners?

  47. Whats your outlook on the future of ETC in crypto?
    What can you do to keep increasing adoption to whole industry?
    The Inaccessibility, difficulty of using cryptos, & poor payment experience, how can you solve this?
    If you were to define ur project in one word, what would it be?

  48. You are an established and well-known company? So why you need to do AMA? We really curious to know that what is the main purpose behind that?

  49. How do you see the future of #ETC in the next 5 years, do you feel it will continue to grow until you reach your final goal, or do you see the probability of #ETC competing due to current challenges? now that you are facing.

  50. Do you have mechanisms such as redemption and burning to adjust demand and provide $ETC, to increase its intrinsic monetary value?

  51. How friendly and robust a dApp running on Ethereum Classic in comparison to a dApp running on other networks? How can a developer start to build on Ethereum Classic?

  52. All current projects are concerned with the speed and quantity of transactions. Old projects have also improved their network. So what else does Ethereum Classic doing to bring investors?

  53. Recently, Ethereum Classic successfully implemented the Phoenix upgrade. So, what benefits are ETC STAKEHOLDERS are going to get now?

  54. If other companies present you with the possibility that you can work together with Ethereum Classic, would you do it? Do you have any regulations that allow you to accept or reject the proposal?

  55. Throughout the history of Ethereum Classic, have you had any problems with hackers? And in that case do you have some strategies to avoid it?

  56. What attribute does Ethereum Classic offer so that they can invest and can continue permanently on their platform?

  57. The DAO hack on June 17, 2016 led to the birth of Ethereum Classic. But since then ETC has lost the appeal while Ethereum’s ecosystem has grown leap and bounds and now people are excited about ETH 2.0 (PoS). Why has ETC lagged behind and what’s new in ETC’s ecosystem for the community to look forward?

  58. Another hot topic in crypto space today is DAPPS, as a developer with knowledge of solidity, Java C, KSML, EVM, how easy can I build dApps on ETC, what programming language does you employ

  59. How can I build Dapps in Ethereum Classic? Which programmation languages are allowed, how is the cross chain compatibility?

  60. Ethereum is completely decentralized, how can I join the project and become a contributor for its sustainability?

  61. Ethereum classic is meant to be the unaltered history of the original Ethereum chain, however at the beginning of this month it had a hardfork, what happened isn this hardfork, why was it necessary and how has the original purpose and principles remained unaltered?

  62. Ethereum Classic blockchain has a PoS consensus, as Ethereum had before the split happened. So how is that ETC has miners, what is the difference between them and miners from a PoW consensus? Which other forms of earning Ether exist as participants of the platform?

  63. Why was Ethereum Classic born, what are their principal differences with Ethereum and what caused the split? As a user when would I should ETH and when ETC? Please explain the different use cases

  64. Why is uncensored and programmable money better for users safety, how does Ethereum classic make it possible?

  65. 1, What is the difference of etc compared to eth to attract more investors?
    2, Investors always pay attention to short-term profits, so what will you do to balance the value of money to ensure attracting investors?

  66. What does ETC hard fork and compatibility with ETH mean? How is the profit-sharing model from Dapp when developers move from ETH to ETC blockchain?

  67. There are many DApp development platforms on the market. What are the competitive advantages of ETHEREUM CLASSIC? With the success of hard forks, what does it mean to attract developers?

  68. What Can you tell us about your biggest achievements so far and the things you are working right now?

  69. Trust and Security are the most important thing in crypto. Why people should feel safe with ETH CLASSIC?

  70. ETH is a rather large and successful block chain platform, can ETC replace ETH with a popular block chain?
    Can ETC replace ETH thanks to the advantages of ETC? Is ETC planning to develop an ERC20-like platform?

  71. How did the security risks on the Ethereum network occur in 2016 and how was Ethereum Classic created? Can you guarantee that the security risks that occurred in that period will not be re-established on the Ethereum Classic network?

  72. Ethereum Classic experienced a rapid rise in its early stages, but subsequently experienced value declines. According to some opinions, they showed that Ethereum Classic was not as familiar as Ethereum. Why didn’t Ethereum Classic have enough awareness?

  73. Is the information of all transactions and users performed on the Ethereum Classic network collected? How does an unauthorized network access or unauthorized transaction detail affect the ecosystem?

  74. Ethereum classic has tokens like the ethereum network? If not, would you like to implement them in the future?

  75. Can you tell us the motivation and benefits for investors to hold ETC token long term? What plans do you have to help drive demand and scarcity for the token ?

  76. What does your roadmap for 2020 look like? What future event or feature on your roadmap are you most excited about?

  77. For each project, community factors contribute to the project’s victory. So, what strategies does Ethclassic have for community development and long-term user retention?

  78. Aside from doing AMA’s, are there any ongoing projects that we can expect from $ETC this 2020 that will most likely change the way a user see the project?

  79. How exactly ETC’s is fundamentally different from other projects?why did you name your project Ethclassic? What is the meaning of $Etc ?

  80. Why do you think $ETC Token is necessary for your project ? What is the main role of $ETC in your Project ?

  81. What was the motivation of Ethclassic team to found the lukso project ? What is the meaning of Ethclassic ?

  82. The blockchain industry is growing by the day, what makes Ethclassic stand out against other projects and companies competing in the space?

  83. What are the ways in which Etc makes a profit and what is its economic model? How can it be profitable for both your project and the investors?

  84. What is the ecosystem of Ethclassic? What is the role of ETC in the ecosystem?What’s the future plan of Plutusdefi?

  85. DeFi is one of the hottest topic in the blockchain space right now. Can you share your opinion about DeFi with us? Do you think that DeFi will disrupt the existing financial system? What is $ETC approach towards the DeFi sector?

  86. Defi seems to be a useful ETC and concept right now. Many and many finance-related blockchain projects are built with Defi inside. So, beside cooperating with banking, has your team ever thought about integrating Defi into ETC platform ?

  87. Nowaday DeFi is changing our relationship with money, investing, credit and debt . So, how do you think of the future of DeFi?

  88. How can Ethereum Classic-based applications function functionally without the possibility of censorship, interruptions or third-party intervention?

  89. Has Ethereum Classic changed the code base of the original Ethereum chain, Can you fully define the VB network “Code Law” principle that you aim for?

  90. Hi, ETC Labs and Metronome collaborated to develop a pioneering ETC-ETH chainhopping solution which was absolutely mind-blowing. However, what will happen with it when ETH 2.0 is launched? What tweaks will it need, if any? Thanks!

  91. Does Ethereum Classic have sufficient infrastructure power in providing security, functionality and liquidity in the provision of in-chain applications and services, How do you ensure this?

  92. What are some ways ETC protocol development can get funded in the future? what role will the ETC Coop play?

  93. DeFi is seeing tremendous growth since 2019. Are there any notable DeFi projects coming/being developed on Ethereum Classic?

  94. -How are the development decisions made in the ETC ecosystem?

    -How does ethereum classic make changes to the network? Like how does it avoid a network/community split like the DAO hard fork bailout?

  95. With the Agharta upgrade live, ETC is now more compatible with ETH. What is the reason for or benefit of maintaining a high level of interoperability with ETH?

  96. Excellent, thank you for sharing with us

    So what are the strengths of the Ethereum Classic protocol compared to other projects?

  97. My question is about competing projects.

    Could you tell us which project in this space have a similar goal , how differs from competitors?

  98. We know that provides a secure platform. However, every application that requires storage in order to be used properly. In this case, this data storage is How to store, is it centralized or have other options? And what about if there are storage problems in the main network?

  99. The success of ETH in that they chose the right position in 2016 and made a rollback or do they have the right management? But my question is as follows. Do you plan to make changes to the management and more successful promotion of ETC. After all, you have a more powerful argument for investors. You are true to this promise not to change the code itself.

  100. Of all the milestones that $ETC has achieved since your humble beginnings, which do you consider to be the best of it all? What achievements do you feel proud most?

  101. Admitting and knowing one’s weakness is a sign of growth. With this being said, what do you think is $ETC biggest weakness/flaw and what has the team done in overcoming this?

  102. Marketing is all about attracting the right users and the right target market. More often than not, every coin/token announces publicly whenever they hit up a new partner.This will not only create a hype but as well gather enthusiast from both crypto users and non-crypto users as well specially if the partner company is a non-crypto business. What will be the next big partneship for $ETC and what will it benefit the project within the next couple of months due to this?

  103. How long did it take to decide and what were your thoughts when deciding that the only solution is a hardfork from Ethereum?

  104. ⭐ ETH CLASSIC 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?⭐

    2.• Apart from hiding our identity and making private transactions, what added value does ETH CLASSIC have? What use does it have in daily life?

    3.How to use our data in the future, how will users be affected and how can we manage to transfer as little data as possible?

  105. Shit I m late but I like it etc … I m long holding and wait for 100$ soon … whts is tha futurevplan etc ?

  106. 1. I see people using smart contract and DAO hack interchangeably but I am still confuse about this two feature. Please in clearer understanding what is the difference.

    2. On approximately RAM do I run Geth node?

  107. On which types of user base ETC project is mainly focusing on? Do you plan to establish partnerships with local developers?

  108. Nowaday DeFi is changing our relationship with money, investing, credit and debt.
    So, how do you think of the future of DeFi?

  109. How do you 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 to day ?

  110. 1) When will ETC be available for interest accrual on Blockfi and Nexo?

    2) What kind of steps is the ETC community taking to push its adoption as a currency at the merchant level?

    3) How will Ethereum switching to Proof-of-Stake affect the price of ETC?

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