AMA Satoshi Club x NULS, September 10th

We are pleased to announce our next AMA on September 10th 2020 at 12:00 PM UTC Time: Satoshi Club x NULS

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join NULS Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 4 Questions will be selected from our website – please submit your questions in the comments section of this post. 2 Question will be selected from Bitcointalk thread.

Part 2: 100$/10 users – Open chat for 80 seconds. You can post Max 5 questions. NULS Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about NULS

For more details:
NULS – @Nulsio
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Posted in Uncategorized

126 thoughts on “AMA Satoshi Club x NULS, September 10th

  1. The portfolio of partners is very important for the adoption and maintenance of the ecosystem, what are the projections or new alliances for the future?

  2. As an open-source project that is driven by the blockchain community. how will NULS deal with Diverse, Complex and Open source software ? What difficulties did you encounter in choosing the right open source code ?

  3. How will NULS deal with continual innovations in this space? What will keep NULS relevant in this ever changing industry?

  4. Can you share some details about your Recent major achievements done by NULS Project in past as well as What are your Future plans for expansion of project?

  5. What role does the community play in the #NULS? What have you done and will do to attract people to join #NULS and build a thriving community?

  6. Nabox app is pretty good, but some things need to be fixed (i.e. the description of some POCM projects are only in chinese, no english). What about a new/improved version?

  7. What do you think about a simple way to swap the POCM tokens among them (for example swap from obee to NVT or aleph to obee..) ?

  8. Part of your plans for Q2 2020 was to complete at least 20 Industry solutions and Build a new NULS based Ecosystem can you share with us some of the solutions you have completed so far in this regard

  9. NULS is built on the “proof of credit” consensus mechanism can you explain how this works, it’s unique features and how Proof of credit mining (POCM) works

  10. At the moment what are the types of blockchains and Sub-chains that have been connected to the NULS ecosystem using your cross chain consensus and what types of chains are you looking forward to seeing in your ecosystem in the future

  11. I read that NULS was created for “solve some problems and promote the commercial use of blockchain technology”, do you think NULS is accomplishing its aim?

  12. If am not mistaken, this is your 2nd AMA with us, why do you love SATOSHI CLUB and how has NULS evolved since the last AMA

  13. Why are you using CROSS CHAIN CONSENSUS, what’s the advantages of this over SIDE CHAIN OR SINGLE CHAIN and how does this deal with the issue of scalability and interoperability

  14. Kinldy explain more about SMART contracts and chains on NULS and how does it differ from Ethereum smart contracts and other chains? Comparatively how’s NULS BETTER

  15. What is your strategy to marketing and for Mass Adoption? What message do you want to send to community through AMA today?

  16. DeFi is one of the hottest topic in the blockchain space right now. Can you share your opinions on DeFi with us? Do you think that DeFi will disrupt the existing financial system? What is NULSS approach towards the DeFi sector?

  17. what are the differences between ChainBox and ChainFactory products? What are the advantages that each one gives to its Ecosystem?

  18. Most of the activities and platforms are in English. How will you reach non-English speaking local communities? Do you have any plan to conduct Ambassador Program?

  19. What measures are you taking to ensure the confidentiaIity of the data of the users? How vulnerable are your technologies to cyber attacks and hacking of user’s data?

  20. What are the plans to educate and raise awareness and adoption among the community to make more people understand about the project easily?

  21. Can you breakdown the different types of stakeholders and participants involved in the NULS ecosystem, what do each of these layers consist of and how will they be used?

  22. What reward options are there for $Nuls holders? minimum staking and for how long?
    What will be the requirements for the node and node of the validator?

  23. What is difficulities and chances that NULS face right now while crypto/blockchain market is still young and need time to grow?

  24. Do you have a mobile wallet app? Where can I download it? Are there any differences from your other wallets?

  25. • What is the use of Nuls ChainBox? It is intended only for people who want to develop a blockchain on Nuls? How is it possible to interconnect the different chains using Nuls?

  26. • What exactly is the Proof of Credit Mining? Is it similar to what we see today from the different currency farms? Is this protocol better than the traditional ICOs?

  27. • If I already have a token in the Ethereum network, is it possible to have it also in the Nuls network? Is this interconnection between blockchains possible?

  28. Nuls’ ChainBox solution is interesting, to what extent can chains be adapted and modules added to carry out different transactions? Is it 100% versatile and mouldable?

  29. The consensus of Nuls’ cross chains with which external ecosystems are connected? Are there any limitations in the interaction with other DeFi platforms?

  30. What are the opportunities for low capital users on your staking platform? and how reliable is NULS to achieve financial freedom ?

  31. I want to hear about the NULS Foundation, is it a charity program? and what is the vision and mission?

  32. Nuls and nerve seem to have an amazing synergy, As far as I have seen Nuls lays the architectional framework and nerve is there for the fast transactions, could you maybe explain in more detail how these two complement each other

  33. I’m a huge fan of your pocm platform, but sometimes I find it difficult to distinguish the good from the bad projects. Are there any plans to profesionalise this?

  34. Staking Nuls through pocm gave me very good rewards, although it’s sometimes difficult to swap nrc to erc tokens. Do you guys have any liquidity plans for the recently created Ndex? And will we find more pocm projects getting listed over there?

  35. Is there any perspective for me to be able to hold nuls and nvt on wallets like coinomi, atomic wallet and others ?

  36. Nuls ambitions are huge. Nuls want to participate in many fields of the future. Is there any technology or solid basis for you to fulfill Nuls mission in so many fields ?

  37. Today, there are many blockchains for creating DApp. So, why should any developer choose NULS Blockchain to create their DApp? What additional incentives does NULS Blockchain provide developers with for creating DApps?

  38. How does Proof of Credit (PoC) differ from PoS and PoW? What advantages does it have over other known consensus mechanisms?

  39. Blockchain has many Disadvantages as well,
    How do you plan to merge Blockchain as well as existing Technology to make it more Secure?

  40. What is the difference between $NULS and $NVT? What are the uses of each on the platform? Is NVT already listed on any exchange? Thank you!

  41. DeFi is one of the hottest topic in the blockchain space right now. Can $NULS share your opinions on DeFi with us?
    Do you think that DeFi will disrupt the existing financial system? What is Unification approach towards the DeFi sector?

  42. What is NULS POCM project? How is it different from NERVE Network? ALso, what role does this project play on the Nuls platform?

  43. Currently attracting real users and mass Adoption is a problem for Blockchain projects. So how will $NULS solve this problem?

  44. Why did you decide to create NULS? What problems does it solve that it’s competitors can’t? What is the characteristic that makes It unique on the market?

  45. As we can see in your whitepaper, from the total supply of NULS, a 0% goes for the team. How does the project sustainability work?

  46. Why did you create your mainnet for NULS? Was It somehow related with Nerve? Can you explain us how does your blockchain work?

  47. I really see NULS as a top-notch project which has a great ecosystem and delivers what has been promised (e.g., Nerve Network and NerveDEX have been recently launched). However, NULS price does not seem to correspond with the fundamentals – it is even out of the top 100 right now. What do you think that is the missing piece? What are the main weaknesses that are hindering NULS despite all the things that have been accomplished?

  48. Nuls is a great company on blockchain world with great ideas like POCM or the Nervedex for example (I think that a Dex will be able to support every major blockchain will be a milestone!) but why the market seem dont appreciate Nuls? Maybe is a marketing problem? How do you think to solve?

  49. What is the difference between the Nuls Light wallet from Nulls Nabox wallet? Why do you have two kinds of wallet? How does it works differently and innovatively?

  50. I installed Nulls Nabox wallet from Playstore in my phone but I’m confused about it because it has listed some Dapps in Ecology section like Trade Trust, POCM, Community Go, USDI, Go Block , JYDNS and 5 others. What are the function of the different Dapps in Nabox Nulls wallet? How can I utilized it?

  51. Can you explain more about the Nuls Chainbox solution which is the out-of-the-box blockchain? What kind of innovation that it has to be consider as unique and what is the special features?

  52. What are the targets that the NULS network is focusing on right now? What do you want to achieve by the end of 2020? Will the current Covid-19 epidemic affect your progress?

  53. Does your project support all countries? How do you get accepted when the laws of each country are different? What are your current top goals?

  54. Security is important to any project, how does NULS keep user property and information secure? Before hacker attacks, what do you do to make users completely secure in NULS’s security?

  55. Is there any plan to makes partnership with local cryptocurency developers from each country to makes $NULS usage more worldwide?

  56. What are the best and most loved features of NULS ?How Scalable NULS have , What is the current TPS of NULS ?

    What is your long-term vision of the industry that NULS is working in? In the future are you afraid there will be another project with advanced technology that can replace NULS ?

  57. How many validators do you have in the chain? Is there a practical possibility that 2/3 of network validators will act maliciously?

  58. What do you think of layer 2 and cross-circuit solutions? What are the benefits of the Nuls protocol over these scalable solutions?

  59. Recently, the Defi project called INDEX FINANCE scammed no less than 20 million dollars. Therefore, investors feel anxious about each project. What will you do to make people believe in your project?

  60. Do you have mechanisms like buyback and incineration to regulate NULS supply and demand in order to increase its intrinsic cash value?

  61. According to the BUSINESSWIRE NEWS, you are involved in the EDUCATION OF crypto entrepreneurs, can you share more about this EDUCATIONAL PROGRAM and How accessible is it?

  62. Many projects have been hacked, even though they have a high level of security. So how safe are NULS holders? What mechanisms do you use to prevent such attacks, and do you have any insurance to compensate users if that unexpected happens?

  63. Is it possible to perform anonymous transactions on the NULS network to hide transaction details in order to protect the financial privacy of owners and tokens?

  64. What is the importance of developers and the community in the NULS ecosystem, and how easy and convenient is it to connect and deploy NULS technology in your existing enterprise infrastructure?

  65. Staking seem to be popular right now on many blockchain project to encourage investors to hold tokens and make it healthful for project ecosystem. Does Nuls support this as well? If yes, what requirement of a Node and a Validator node be? And how does reward base on?

  66. What opportunities does the NULS blockchain give the use of several programming languages? Does this help in attracting new developers to the NULS ecosystem?

  67. Defi trend is evolving and #NULS is great. Entrepreneurs and investors are getting more and more busy and they work on smartphones regularly, does #NULS have plans for these gadgets yet? Which operating system will it run?

  68. There are challenges and issues such as competition, especially in terms of liquidity, reliability, transparency, decentralization, price manipulation. Everything will delay transactions and regulations. So #NULS how to deal with these problems?

  69. This is the first time I heard about Proof of Credit Mining. What is it and how does it work? Why choose POCM over other protocols?

  70. Can you share how will the consensus of the NULS be higher than other projects consensus out there. How this can be achieved?

  71. The Nulscan explorer shows that there are currently 103 Consensus Nodes whereas there are more than 10,000 Bitcoin nodes. What steps are you taking to make NULS more decentralized?

  72. NULS Proof of Credit consensus mechanism secures the NULS network by combining Delegated Proof of Stake with an added credit rating feature. How does this credit rating feature work and how does it deters malicious actors from harming your eco-system?

  73. NULS had announced in its Twitter post that it be entering the DeFi space through Nerve Network. What is the progress of this development?

  74. Tell us about the Nerve economic system, what is the role of NVT in the ecosystem and how does the phased development mechanism work?

  75. There are many blockchains for creating DApps these days. What are the 3 reasons a developer should choose the NULS blockchain to build their DApp?

  76. NULS has several types of nodes in your chain (regular, consensus and virtual banks). What are their functions and differences?

  77. If am a developers I want to build a new chain for my project.
    could you share what is the requirements to build a new chain on NULS Chain Factory?

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