We are pleased to announce our next AMA on February 18th 2021 at 06:30 PM UTC Time: Satoshi Club x Sperax
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Sperax Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Sperax Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Sperax
For more details:
Sperax – @sperax
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
For an ecosystem to be healthy, it must be protected by its test network, as an investor, how would you convince me to bring liquidity to the project?
Sperax Lifted Grants Initiative empowering women in blockchain with grants of up to $15,000 each quarter..How can we i mean the woman participate in Lifted Grants and what will be the qualifications?What will be the benefits of one woman who enroll in Sperax Lifted Grants?
Hi guys !
Can you explain what RAW mining rewarding is?
Thanks and go to the moon ^^
How long does the grant selection process take once an application is submitted, and can I apply for multi-phase grants? Can companies or team of individuals that are not a commercial entity apply for these grants?
The blockchain ecosystem faces a significant gender gap that prevents the industry from reaching its full potential. How will Sperax support motivated and curious women who have the desire to create? What tools will you provide them with to be part of this powerful blockchain world?
Sperax is on a mission of mass blockchain adoption. But what are its marketing strategies and business strategies to achieve the desired impact on communities still trapped in centralization and those unbanked users? Which are the first communities you want to conquer with your project?
Harmony Protocol is a project focused on scaling trust and creating a radically fair economy, and a few days ago Sperax partnered with them. What is the purpose of this partnership? What problems do both projects hope to solve together? What is the story behind this collaboration, how did it come about?
One of the features you highlight about SperaxBFT is its high performance, since “it only requires four steps of calculations to reach a consensus”. For those of us who do not have much knowledge in the blockchain area, could you explain us what are the practical implications of the fact that only those four steps are required for consensus? What facilities does it bring to your system and to the users?
Regarding the financial layer that Sperax introduced and that includes marketing through “stable coins”, I think it is an excellent option for those projects that already have a well-established solidity in terms of liquidity and popularity. But, in relation to small and new projects, do you plan to incorporate the option that the tokens of those projects can acquire through your ecosystem, recognition and support from the community? to help them grow.
On your website you express that $Sperax holders have the right to governance within the ecosystem, but, many projects grant this power, with the condition that users pay a membership fee before giving their votes and opinions, is this the case of SPERAX? What are the requirements that users have to meet so that the SPERAX team, can take into account and consider these opinions?
According to your roadmap, in March 2020 Sperax held a public sale in Korea with Cobak, whose allocations were sold out in 11 minutes, which was certainly a great success! Taking into account this great show of interest and enthusiasm, what are your expectations for the Korean market? Do you have any special plans oriented to your development in that region of the world?
Sperax LIFTED, a grant initiative designed to provide WOMEN with access to capital and mentorship in the blockchain ecosystem. Applicants must have atleast one woman on their leadership team to avail this. How will Sperax team know if a female team member is actively participating on the decision making or creation of projects that might be awarded with a grant? Or just having a women on a teams list is enough whether she is active or not?
Sperax blockchain economic model will utilise a Delegated Proof of State (DPos) system rather than actual PoS. How do you intend to implement this and how will the delegators and witnesses which are used to generate block elected? You also said that the DPoS system is going to offer a stable staking reward with a stable APY. But APY is not always stable as it varies depending on the numbers of users that join the staking pool. What will be the APY and how will you ensure this stability?
Nowadays, there are numerous postulations and theories about the ideal stablecoin that works and your stablecoin, sCOIN, will attempt to avoid the overcollaterizarion inefficiency of other other crypto collaterized stablecoins by PARTIALLY collateralizing sCOIN to an external pool of cryptocurrencies which will be locked within the protocol. But one characteristics of everyday crypto is volatility, how will this external crypto pool be determined and how can they ensure stability when they are not even stable? Also, how will your governance token, $SPA, ensures the algorithmic stabilisation of the money supply for sCOIN?
LIFTED is your first grant initiative, It’s just amazing that Sperax recognized the valuable contributions for “women in tech” and there’s more to come like the introduction of the idea that each team must have one woman in its leadership, how are you planning to make this ideas popular among DeFi world and attract more women with tech talents to participate?
I must ask who are the team behind the LIFTED proposals and what incentivations did they have to create this meaningful mission of empowering women perspectives in the cryptocurrency world?
1. Can I create multiple wallets on Sperax Play?
2. Is it possible to increase the mining rate on the wallet?
3. If Sperax Play is non-custodial, why do I have to register with my email or phone number?
The BDLS protocol achieves the best efficiency AND a high public noticeability of growth, yet they are already on the way to newer things that will allow us, the users, to say that we are in the new era?
SPA is the native utility token for the Sperax blockchain and fuels the ecosystem and represents the value of the network. What will sCOIN (the stablecoin of Sperax) role in the ecosystem? Why do Sperax Blockchain feels the need to have its own stablecoin this early stage and not just focus on promoting mass adoption of SPA?
You mention that one of your goals is to enable a decentralised economic ecosystem and incentive developers to join, so you created two tokens: SPA and sCOIN. Can you explain the characteristics of both tokens and how they complement each other to accomplish said goal?
Last month you introduced LIFTED, an amazing innovative project focused on women and their perspective of blockchain. The participants will have to apply and Sperax will be granting contributions if selected. My question is, what is your criteria for selecting applicants? Does the selection depend only on the Sperax team or there are others involved? Are you open to any kind of project proposal?
One of your goals for this year 2021 is the release of your mobile app Sperax Play. Can you tell us what is the main purpose of this app? Will it feature the same characteristics of the desktop version of Sperax or will it be about something completely different?
Faced with such an economic crisis that the world is going through, especially small companies, Sperax has a strategy to support them and help them in their recovery and growth ?
I thought Sperax Blockchain has its own coin but it turns out that SPA is a token based on Ethereum. Can you please clarify, is Sperax running or connected on the Ethereum blockchain?
The Sperax Foundation designed a native multi-currency stablecoin, so about it how can one asset be stable to multiple currencies, is that the meaning of multi-currency stablecoin and its main use case?
Sperax aims to make decentralized financial services accessible for everybody, Including people who don’t have any knowledge about crypto or blockchain, what are the strategies to reach non crypto users how will they know of Sperax, will it be easy for them to use it?
Sperax token holders can contribute with proposals to the design & upgrade of the ecosystem and also particioste in the taking of decisions. How many tokens does an user have to hold to participate in the governance?
SperaxBFT needs only four steps of calculations to reach consensus, much less than most of the PoS protocols. Does it affect the security of the consensus in any way? How can Sperax be safe from any malicious attack, what would Sperax be susceptible of?
What features differentiate sCOIN from any other stablecoin? is its value publicly audited? How can users trust its stability?
Sperax BDLS consensus protocol guarantees the highest-level in performance and security. Putting together these 2 features has always been a hard task in DeFi, how can Sperax achieve this?
Do you really think that in blockchain the capacity of women has also been little taken? If not, then what is LYFTED by Sperax about? How did this campaign originate and how long will it last?
Really with Could Sperax “integrate blockchain technology into your daily life”? or will that only be allowed in the Sperax Game app?
You say that Sperax will manage to connect us with modern money? but really what is that “modern money”? Are they cryptographic assets that we can use in conventional means of payments?
Really with Could Sperax “integrate blockchain technology into your daily life”? or will that only be allowed in the Sperax Game app?
You mention that “blockchain suffers from occasional malicious attacks and limited transactions”, but what are those attacks really? and all blockchain projects could be affected by them except the SperaxBDLS protocol?
You mention that “SperaxBFT requires only four steps of calculations to reach a consensus”, could you tell us what those steps are? and why are they less than those used in conventional PoS?
If DeFi really seeks to develop financial platforms that do not depend on the trust of some entity, then why does Sperax say that it seeks “TRUST infrastructure for the decentralized economy?”
Where are the SPA tokens and USDs actually listed? And how many tokens will I require to be part of the governance?
You comment that Sperax is protected against many attacks to which many current blockchain are vulnerable. I doubt I will understand if you explain how you did it, but I would like to ask something: if this is really the solution to many common problems in blockchain, why other blockchains have not applied it? Or is it really something innovative and you are true geniuses?
Sperax has decided to make it different from all blockchains and has decided not only to have its native token ($SPA) but also a stable coin (sCOIN). What motivated you to do this? What scope does it give you to have these two types of tokens? I would also appreciate if you could explain how they work and how they relate to each other.
Sperax promises to be the blockchain that solves the problems faced by proof-of-stake (PoS) based blockchains. Can you explain the points on which you base this claim? What are the features that you have worked on the most to make Sperax what it is?
Security is one of your four main features. Where you informed us that “you’ve overcame widespread problems in consensus protocols, such as DoS attacks & deadlocks caused by unreliable p2p/broadcast channels”. So how did you achieve this, what sort of proof can an investor see beyond this statement that your platform is truly secured?
I see your Twitter profile is verified and has been in existence since 2019, so I’m assuming the project has been around for that long but both SPA and sCOIN are relatively unknown tokens, where can we buy this tokens? And what makes sCOIN different from other stable coins? And are there plans to publicize the token through airdrops or bounty??
One of the things that got Ethereum to where it is (despite its scalability issues) is its ability to be used as a mold for layer 2 projects and host hundreds and hundreds of altcoins. My question: does Sperax have the same capability, does it have the potential to replace Ethereum in the future if all goes as you expect?
Sperax Play app is described as a community hub for friends and it is available for download. I see the app as a decentralized wallet but am not sure how it is going to be a community hub. Is it going to have a social function where community members come together for interactions? What are the special features included in this App apart from being a wallet? I also saw that it’s possible to share my refferal code and invite others to sign up to the app. For how long will the refferal campaign last and what will I benefit from reffering others? And as a non-custodial app, why am I only able to create account with only email or phone number and how is my login detail secured?
Can you tell us what are the Functions and benefits of the Sperax Foundation issuing native multi-currency stablecoins, a first in the public blockchain ecosystem?
Tg. @bimasurya88
What are the future goals of #Sperax?
How can you achieve these goals in these difficult circumstances of The Coved19 virus and others?
@Sperax
can you tell us Sperax issued two tokens – SPA and sCOIN stable coin. do the two tokens have different benefits, functions and uses? please explain the details
thank you
SPERAX means Connecting you with modern money. So how will SPERAX make decentralized financial services accessible to all global citizens through your Sperax BDLS consensus protocol and explain how it works? Also where are you focusing right now and what are the problems SPEARAX is aiming to solve?
We all know that every projects have their own main features, and one of it is SECURITY right? So how will SPERAX solve some problems and issues in consensus protocols, such as DoS attacks & deadlocks caused by unreliable p2p/broadcast channels? Also how you can ensure us that SPERAX is secured and will never scam in any way?
Recently you launched Sperax LIFTED, a grant supporting the innovative projects led by and featuring women. So what is Sperax LIFTED all about like how to apply, it’s criteria and who will be LIFTED? Also how will you help blockchain reach its true potential by empowering the womenintech who add so much value to the space?
Sometimes I hear about hacking issue from DEFI platform. When we talk about quality from DEFI system’s security, how confident your project to make sure safety from hack issue that possible to harm DEFI platform?
You said Sperax project is decentralization project but i think decentralization can be relative. For example entity can change into nodes that they able to claim and control. So could you give proof Sperax project was decentralized and without dominant party who can control Sperax project?
Why is Sperax LIFTED primarily focused on providing WOMEN with access to capital and mentorship in the blockchain ecosystem? Is there really a plentiful shortage of women in the blockchain ecosystem? How will they get more “women” to develop their potential in the blockchain ecosystem?
Does Sperax really manage to have lower transaction costs in ETH plus a completion time of 10sg? What technology does Sperax have to make this possible? How is this possible ?
Why does Sperax put so much emphasis on women? And how do you plan to develop its full potential?
as I know that other blockchain already have similar project like Cosmos SDK and Ethereum solidity. So could you tell me for what reason I should change to Sperax ? What is the benefit from using Sperax?
Sperax is using BDLS. Is that a brand new consensus or an enhanced version of a known previous one? How is the mechanism of this consensus? What are the advantages compared to the popular systems? And do you have any partners who already benefit from SperaxBDSL Protocol?
I have a question about TEST Net V2 When it will be launched. Whether free coins will be distributed for the test. The reward will be in real coins with value?
Now everything rotate around DeFi, NFT, Polkadot. Moreover, NFT has created a lot of different platforms, DeFi a lot of yield-farming pools, what innovative things can you offer? Will you launch a service that is not yet on the market or will you offer improved versions of an existing one*
What is the best framework to analyze the qualitative data, aiming to reduce the gap between the interests of the State and Activists?
What are the good journals that we can publish research work on Internet of Things (IoT) and Cryptocurrency/Block Chain work?
Does “cryptocurrency” have future?
You write that Sperax Aimed to solve the issues in existing AMM protocols. 1 the problem is liquidity. What solution do you suggest to this problem? The other is rug-pools. Will projects be filtered to access your AMM?
What really sets Sperax apart from other projects, especially in terms of profit?
For now there are many DeFi projects with various concepts and partners. Can you explain the purpose of Sperax? And who are the partners who have supported Sperax?
Is there a special reason why you chose ChainLink as the Oracle network of Spera X? I know that Spera X is a project famous for its own technology, but I would like to know why you choose to use the ChainLink.
What are competitive advantages of Sperax over other same kind of projects?
What kind of connection does Sperax has with Oracles like Chainlink?
Does Sperax use some kind of DAO in the future development
Can you also give a small detail about de Mining XP swap ratio to SPA? And does mining effect Aidrops in the Sperax Play app?