We are pleased to announce our next AMA on January 5th 2021 at 07:00 PM UTC Time: Satoshi Club x Findora Foundation
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Findora Foundation Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 100$/10 users – Open chat for 100 seconds. You can post Max 3 questions. Findora Foundation Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Findora Foundation
For more details:
Findora Foundation – @findoraen
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
I understand that Findora uses tools for confidential financial transactions, what guarantees do Findora users have that they will obtain a balance of privacy with regulatory compliance tests?
On your website it says that the Findora platform supports a smart investment fund (SIF), what benefits does Findora offer for platforms that work with investment funds for smart contracts?
I read “Findora is developing financial applications for today’s market”, but … what is the possibility that external developers create applications in the Findora ecosystem and can both parties make money?
Generally people are looking for a platform that supports confidential payments, what can Findora offer regarding these types of payments and is it possible that you support multi-signature accounts?
The Findora Consensus and Governance Model uses Finsense Consensus, what is the advantage of using Finsense Consensus on the Finmora platform and how does it support Findora governance?
Some non-custodial exchanges have become very popular in the crypto market evolution, does your ledger protocol work with non-custodial exchanges or does it not support such exchanges?
I have seen that there are a number of security tokens generated by the intermediate layer of Findora, what function do these security tokens issued by your layer serve and how do they guarantee good financial security?
Findora’s middle layer provides “financial passports”. What are these financial passports, how do they work and what requirements must users meet to obtain a passport from these?
I like to examine consensus protocols and their functions, can private and consortium ledgers use their choice of consensus protocol within Findora?
smart contracts are rarely vulnerable to bugs, recently some new DeFi projects had problems related to this, many users lost money. How reliable and secure are your smart contracts? Have you ever audited your own contracts?
I have a doubt, we can develop privacy-preserving applications in Findora, but still for the testnet version. If we develop it on the testnet version, can we move our data to the full version when it arrives? When will the full version be released?
I have heard that Findora is committed to the project of protecting the privacy of users. What mechanism does findora use to protect the privacy of its users? Have you ever experienced a privacy data leak?
Could you please tell me just a little more about the team and some of their backgrounds? I have personally seen many projects launch with inexperienced team members, and some of those didn’t go so well due to easily avoidable mistakes.
Each project has interesting stories before it is created. So can you tell people about the story that gave you the motivation to build and develop a great project like yours?
How important is the community to you? and how can we collaborate or help you for the development of the project?
We can see Findora in the test net, so when will it be fully released? In Findora, you can ‘create classified assets’ what does this really mean? What is included in Findora testnet and how can I participate?
you are mentioned In white paper that Pandora is using zero knowledge technology to realize privacy for transactions.What does zero knowledge mean! and How does it work?
Findora uses a consensus algorithm called FINSENSE How does Finsense work and what are the features of FINSENSE that makes it unique when compared with other consensus algorithms like proof of work PoW, Proof of stake PoS?
I noticed that Findora has two tokens FRA (on Native Chain) and FIND (On Ethereum Blockchainchain). My question is why you created Findora on Two Blockchain? What will be the difference between these two? Will the Total be different on both chain? And What are the advantages of using two Blockchain at the same time?
Findora recently announced their partnership with Tencent. Why you made this partnership? What are the results that can we expect from this partnership?
Findora aims to create an aggregated DeFi protocol, but how is the flexibility of the plan offered to partners?
Findora focuses on generating a round world-class ecosystem, what are the associations that allow you access to Findora?
How is Findora’s infrastructure built to build a great ecosystem?
The Findora beta version wallet stores the assets, transactions and private information of the user. What security and control techniques implemented to cover the users’ data? Ñ
I understand that Findora has finished the private round, and public sales have exhausted C & D, for these times I want to invest in Findora, is there any entry for me where I can get your Token?
In your project description they say that the exchange wallet is fine to use, but be sure to be using the correct chain, otherwise, your funds will have gone, what block chains are compatible with Findora?
I understand that you can access the most advanced functions of Findora using the command-line tool, how can I join the test network?
With the JavaScript library, developers can access the underlying RESTFUL interface and create applications that preserve the privacy that are executed in the Findora Major Book. How can I join the test network to get more information?
The command line can also be used to request information from the queries server or the validator records, in this validation structure, the flowering filter comes into circulation?
I understand that users can create a wallet and a private key for the next main network of FRA, my question is, among security techniques implemented by Findora, such as users’ authentication encryption to reduce the risk of losses?
From what I know, Findora does not have private sales, but public sales. Why is KYC still needed for public sale? Are there any other benefits from doing KYC?
The Findora blockchain is not the only one that relies on Zero Knowledge Proof based Services. Can we know what are the advantages of Zero knowledge Proofs technologies you used when compared to others?
Findora aims to solve the blockchain problem of confidentiality using a new approach known as Zero-Knowledge Proof (ZKP) which you have described as a state-of-the-art cryptography Innovations. ZKP Protocols are not magical as they still requires some secrets to be shared which are to be stored on your cryptographic library. What are those advanced verifiers and identifiers information that are required for authentication or executing anonymous assets transaction/operations on open blockchain and how has your protocol address the problem of interception which may lead to compromise during authentication? What computational technology and infrastructure are used by Findora’s ZKP?
I’ve heard that you raised a lot of money from different investors and partners. Can you tell us the total amount raised until now? Also, what is the revenue you plan to receive and from what sources
FRA is the native token of Findora’s platform which serve a host of utility functions. You said can improve the intrinsic value of the token as well as it’s utility One of such innovations is that you have hard-wired a deflationary burning mechanisms into the transaction fee. There is no much information as to the rate(%) at which this will be done and the frequency. Can you provide a better explanation on how you intend to go about this and also whether token holders are carried along in governance decisions? Also, FRA’s Genesis Total Supply is 21 billions and you have allocated 13% and another 8% to Institutional partnership and Defi Incubator respectively. Who are these Defi Incubators and what are their contributions to the Findora’s Ecosystem?
FINDORA is a solid project and covers all it’s bases for data protection with the zero knowledge argument. My question is rather simple with the zero knowledge a transaction can be verified without the details of the transaction been revealed, so what financial organization have employed the FINDORA tools and how does it benefit individuals that are not financial institutes?
A token supply of 21 billion FRA, is most likely going to flood the market with more supply than demand, is the token likely to be deflationary with a burn mechanism to ensure scarcity and higher token value in a few years time?
How can we as a community help to create awareness for FINDORA? And what incentives are offered to community members willing to help create awareness for the FINDORA project?
Your public token sale event started on the 28 of December will lapse on 11 of January. From the information gathered, there are 5 public sales option (A,B,C,D and E) and each of this sale option is different in terms of $FRA unit price, maximum check size, unlocking and vesting schedule. FRA sold at the lower prices have longer lock duration and vesting schedule while the FRA sold at higher prices have a shorter lock duration and release schedule. Are the current public sale options available in the ongoing sale event and is a user restricted to choose one out of this sale options, or can he buy and combine many sale options as he wishes? If no, which of the public sale option is currently live and do you intend to carry out other sale event apart from this ongoing sale event where other public sale option will be live?
A balance between financial audit and privacy can give #blockchain technology a boost to enter the mainstream. What are the decentralized tools Findora has created to enable transparent transactions that preserve privacy? What is the next generation technology that you have founded your project on?
2021 will be the year of interoperability for decentralized financial applications as well as public block chains and how KYC’s enhanced process will reduce ‘over-guarantee’ in #DeFi. How does FINDORA plan to be included in this accelerated blockchain revolution to be at the forefront of the updates and improvements that a platform like Findora requires? What improvements will we see in your project this 2021?
The crypto-currency venture capital firm Polychain Capital has led an eight-figure funding round for the Decentralized Finance (DeFi) Findora blockchain project. What impact has this had on Findora and all its founders? Bank of Asia and Chinese Internet giant Tencent are among the partners leveraged by the project?
There’s no doubt that Findora cares a lot about transparency. All transactions history can be verified and validated. This is thanks to its authenticated dara structures based on “state-of-the-art” techniques. What does this concept mean and how does it work?
“Findora aims to provide the best of all worlds with what we call cryptographic transparency” That’s in Findora’s litepaper. Also , says this project has many other special purpose zero-knowledge proof capabilities for demonstrating that transactions are compliant. Can you give an example about this cryptographic transparency capabilities? What are the guidelines an user needs to use to prove the solvence of a project?
What is the business model of FINDORA? How it works for users? and Who are your potential customers and which markets are you targeting on?
DeFi is booming. Defi is becoming a trend. It’s become a popular issue lately. Is Findora just following that trend? Or are you well prepared to enter this space?
Currently most investors only care about profits at the moment but ignore the long-term benefits. So can you give them some advice why they should buy and hold this token/coin in the long term?
What is the most unique thing Findora brings to the blockchain community? Currently is a difficult time when many industries are still affected by the pandemic, but Findora still has outstanding progress, so what factors have made Findora success in the present time?
Findora uses a consensus algorithm called FINSENSE Finsense how it works and what are its unique features and similarities when compared to popular consensus algorithms like POW (Proof of work and POS (Proof of Stake) & BFT (Byzantine Fault Tolerance)?
Tell me more about Findora’s 6 nodes . What is their missions in Findora ecosystem ? What kind of data is needed in Data provider node ? As I read in the website : “In Light validator node, Participate in consensus with limited storage. Enabled by Findora’s innovations in authenticated data structures!” An authenticated data structure’s operations can be carried out by an untrusted prover , how can the verifier efficiently check as authentic ?
How can Findora be sure that all Validators will be honest because no protocol can guarantee consistency and life in all network conditions?
Regulatory factors are very important, especially in terms of global expansion and bridging real business to Defi Space. How has Findora handled these regulations so far?
Five options are available to choose from as purchase for the public sale of Findora（FRA）Token. Option A, Option B, Option C, Option D, and Option E. More than one option can be purchased and any unsold tokens from public sale Option B,C,D and E will be added to public sale option A on January 10th 2021. What happens to the unsold tokens from public sale option A after 10th January 2021?
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Community support is one of the biggest aspects of a project’s success. Most projects have programs that interact with their users. Does Findora have any special plans to attract and expand the community and improve the user experience?
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Many Project talks only about their Strenghts, Can You talk about the Findora weak point that You project is Currently Dealing With?
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What is the plan of the Findora to ensure sufficient liquidity on exchanges to fill market orders, especially as adoption increases and clients begin multiplying year-over-year for your project?
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Many crimes are committed in the world every day and people become victims. How does Your Project Findora see the importance of crowdfunding and crowdsourcing, especially in solving incidents such as human rights abuses and mass fraud?
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It’s quite unfortunate that many projects have infiltrated the market with just white papers without having any genuine use cases. What are the main utilities of your Findora project?
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Smart contracts are vulnerable to bugs, and even recently three big new DeFi projects were victims of this, costing users funds. How efficient and secured is your Findora smart contract, and did you ever audit it via any external party of Findora?
Findora meaning ‘Pandora of Finance’ is a trusted financial infrastructure, owned and secured by a decentralized network of global organizations and economically incentivized parties, that was created to enable the creation of financial services that are transparently operated while preserving user and institutional privacy. How do you provide privacy for users while retaining the transparency and public accessibility of other blockchains?
There are some rumours and FUD going around. I don’t believe everything it is said but I think that we need an explanation to settle this once and for all. What have happened in your project? Why some members left and will this affect the future of the project
– What kind of data remains public on Findora that allows transactions to be auditable but private? It is like the other blockchains that can be tracked to the owners of the wallets?
– The $FRA tokens will first be available on the ETH network and then a swap will be made to the Findora mainnet? Or after the pre-sale is finished, the mainnet will be launched and the distribution will be done directly there?
– Which blockchains can Findora interconnect? Will it be a system similar to the Wrapped Tokens? Or how will interoperability between the main- and side-ledgers work?
Will the users that join Findora on its testnet recieve any kind of privilege or reward in the future?
What kind of industries are you trying to get to? What partnetships and investors are you aiming for, and why?
Will users be able to mine Finance Token? What software will be necessary to have in order to mine it?
what is the corporate structure of Findora finance, is it a decentralized and open source protocol where everyone can contribute? If so, what is the management plan for the FINDORA project ecosystem, especially the management, security and tokenomics of FIND?
whether your project application has been made and what is the use of the application from the FINDORA FINANCE project can we exchange several types of money or only specifically for your token.
What is your long-term vision for FINDORA FINANCE? Are you afraid that one day there will be another project with more innovative technology that can replace your project?
Findora uses the State Machine Replication with a linear chain of transactions that have been confirmed by validators. It says in your whitepaper validators are either honest or corrupt. Can you explain the advantages of th stake-based permission model to create a strong consistently honest network?
Why isn’t the $FRA public sale open to U.S. persons? Isn’t Findora interested in this country investors?
On your website you say that “Transparent block chains do not work for finance” It is a pretty strong but interesting statement… Why do you think this and why do you think Findora may be the solution?
You mention that Findora users will be able to make completely private payments, without revealing information to the public… Does not revealing information to the public mean it would no longer be publicly verifiable? This is one of the blockchain magic as I understand it
Studying the history of the project, I drew attention to the fact that your first sales began in December 2019. Even then, representatives of the project appeared at various blockchain summits and articles about Findora were on the pages of popular media. A year later you still have a testnet and it seems the token is not is traded on any exchange. At the end of 2020, you create new pages on social networks and focus on marketing. You just threw a year out of the life of the project. Question: what did the project team do for all of 2020 besides the sale of tokens and why did you decide to start with a clean slate of yours story on social media?
Tell us more about Finsense. I understand this is your exclusive answer to POW, POS and others?
in the event that a user forgets his password and security questions, does Findora lock the account for security? In case of doing it, how long would it take to unlock it? or what are the requirements to recover it?
findora has a limit of slides where user accounts can be opened per day? In the event that in a day they exceed the limit of slides, will Findora send an alarm to the mail notifying excessive access to the account? Lock the account? Or both?
For my own observation, Findora is such a fine platform that you made sure everything is in place before it is ready to go in the market from Findora Testnet 2.0 that it is release publicly after 4 months of testing and debugging, it is being launched and also the marketing ,you made it sure that it is in place before you start your Pre-sale. I also observe your presale is being systematic and organized. So ,from all the systematic and properly place on what your team is doing with Findora, what do you expect the outcome of your presale? For this bullish market as 2021 enters, do you think $FIND will also follow the trend in bullish market after presale upon listing it on exchanges? After presale , where exchanges we can buy and follow $FIND?
I understand that the pre-sale ends on 01/11/2021, but if the token sales desired by the project are not met, will they carry out another rounds of pre-sales? And where can I see the Road Map to detail the next updates and activities that they will develop?
If really many “new projects” manage to scam many users with totally transparent pre-sales and contracts, how much more will they do with totally private contracts? Does Findora support this? or what measure will you take to not support new projects that end up being SCAM?
Do you really think that it is possible to achieve complete decentralization by applying a special KYC from Findora in which you will not have to account for the capital obtained? What will that “financial pass” that you plan to develop soon be like? Will those pass be valid indefinitely?
I understand that Findora achieves great privacy, but this I know, is it achieved by modifying conventional smart contracts? or really the contracts are the same only that findora interconnects it with an application, is that so? is it thanks to zero knowledge tests (ZKP)?
Are findora’s cloud services from a particular company? Or is it really developed by you and therefore can you totally manipulate it in your favor? and to access our transaction data will we have to contain a specific key or kyc?
One of the benefits of the blockchain is that each operation is totally transparent, now that findo promotes privacy, won’t this be a problem? How do you manage to hide each transaction as part of the ethereum chain, where you can more easily see the thx of each operation?
There are many other DeFi projects that allow you to create any project and tokens in minutes, in addition to having great support, with Findora we know that it will have great privacy, security and an exclusive treatment for companies, but in how long can it be completely created?
Many projects claim to develop great applications and financial instruments that will facilitate DeFi users, but they really end up being the same functions in all projects, only with another name, is it the same thing that findora does? Does it provide the same privacy and security benefits just as under another name?
Why is Findora using zero-knowledge proofs and secure multiparty computing? What is the role of Zero-knowledge evidence in ensuring privacy?
What is the principle of controllability and transparency of zero-knowledge proofs on data and how does Findora ensure interoperability between master and side ledgers?
What are the advantages of Findora’s high-throughput ledger design and how does it reduce storage requirements through cryptographic accumulators?
What are the marketing strategies of your project? What will you do so that your project will be visible in crypto field and people come to explore your project?
Nowdays So many Rug Pulls and exit scam happening . How Users can trust your project and how you are different from others?
Tell us about the APY of all or Fidora Foundation products. Can you give us an approximate range of how much we can earn? How different are they from your competitors? And above all, do they have any mechanism to keep it as constant as possible?
You have divided the sale into 5 rounds A,B,C,D,E. Everyone has a different price. And if in rounds A and B the price is low due to the unlocking time, then in rounds C, D, E there are no restrictions. Why in rounds C, D, E the price is different ? I think $0.077 with a total supply of 21 billion is expensive. Besides, I want to know if the billions sold in 2019 will be blocked and how many tokens were sold before the current sale
I registered with Findora website wallet and I’m wondering if where I can see the balance on it? Where does the balance be reflected because I only see Findora wallet address and I dont see any dashboard from it? Aside from website wallet, do you have plan to release a mobile application version of Findora wallet for easy access of Findora users? Do you also have plan to enhance more with the Findora wallet in upcoming time? Thank you
Can we create personal applications with Findora, how do you provide tools for this and how should we support developing applications that protect privacy on Testnet?
What are the advantages of joining the Network of Ledger connected with Findora and how do cross ledger transactions with other ledgers in the Findora network by creating a private ledger?
What are the advantages of Findora’s public key infrastructure
and what tools does it provide for an auditable key index that enhances security?
As far as I remember, $ FINDORA building a private solution is a good idea as it helps your project increase security and privacy but I wonder when you’re in Enterprise mode, it makes an impact. nothing to the background. In my opinion, the country’s economy will not like that, the delisting of a private token on the leading Korean exchange is a prime example. So to solve such a broad legal problem, what will FINDORA do, what to do to prevent $FINDORA from being delisted
Many projects have similar descriptions and features but I have seen that you want to bring some innovation. There is one thing I didn’t understand. Please elaborate on Zero Knowledge Proofs (ZKPs) and why you decided to implement this
I read that “Findora is the first confidential smart contract platform, featuring Transparency with Privacy”. How did you make something privacy become “transparent”? Arent these two have contradiction each other?
So what is Findora different than other network like #Monero, #Dash, or even with #ETH? What is the most specialty from Findora that other dont have?
You also have your own wallet application on wallet.findora.org website and I created my wallet from there but it looks like incomplete because it only shows my private key and nothing more. Can you talks about findora wallet?
In the characteristics of Reliability and Auditability of the project, they mention the “Specialized Tests of Zero Knowledge”. Can I briefly explain what this type of test consists of?
An important distinction in Findora is between stateful and stateless smart contracts. Can you explain the distinct features of these 2 smart contracts and what kind or example of projects they can be use for?
What is the reason for the introduction of KYC for buyers of tokens and in what currency can you use to purchase? Do you have regional restrictions or are there any other?
Findora will provide FPIS (Findora Private Investment Service) as an early application built on top of the Findora Platform. This is a marketplace for investors and fund managers. Is this feature already been launch? Is there any kind of insurance policy apply to protect the interest of the investors when using this service?
Part of Findora whitepaper says “FIN is an integral and indispensable part of the Findora platform”. What is FIN stands for?
1. Your official website says its “Interconnectivity” as a feature of your blockchain. How well is Findora interoperable with other blockchains currently on market?
2. Why is there a Enterprise version of Findora? What will this achieve for Findora?
3. I went through your site but there is little details about the tokenomics of the FRA. What is the tokenomics of FRA? Is there burning, staking or lockup of the tokens?
I see that Findora have 2 token FRA token and FIN token, what are the differences between the 2 of them? And how about tokenomics for Findora?
As I know Findora will provide new system named FPIS (Findora Private Investment Service). What kind of investment service that FPIS can give to company/investor?
“Findora has created a system that achieves privacy-preserving transparency”. With the above statement Findora prides herself on 2 core features; privacy & transparency. My question is, why will Findora talk about transparency and accountability on her network, if every transaction carried out is made strictly confidential and private. How is that transparent?
Many projects have similar descriptions and features but I have seen that you want to bring some innovation. There is one thing I didn’t understand. Please elaborate on Zero Knowledge Proofs (ZKPs) and why you decided to implement this
You have a post on Twitter: Get a chance to win 100% of your investment and a discount of up to $ 100 in $ FRA. Are these two different prizes? What conditions do I need to fulfill in order to participate in this draw and how will the winners be revealed? There will be only 10 of them! And will it be random?
On consensus protocol participation, it is stated from your white paper that “BFT
consensus protocols enable honest validators to reach agreement and make
progress even in presence of Byzantine faults”. Therefore, how does the system recognize or guarantees an “honest validator”?
There are some rumours and FUD going around. I don’t believe everything it is said but I think that we need an explanation to settle this once and for all. What have happened in your project? Why some members left and will this affect the future of the project
The domain-specific language “Discret” developed in Findora could become a real competitor to Solidity Ethereum? Can you highlight any features of Discret?
In Findora F.A.Q., the application examples section has a blank page. Is it an error of a website’s developer or there is really no apps? Then please tell me how you see the application of Findora in a world where the vast majority of Dapps are made on ETH?