We are pleased to announce our next AMA on February 22nd 2021 at 11:00 AM UTC Time: Satoshi Club x HAPI
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join HAPI Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 120 seconds. You can post Max 3 questions. HAPI Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about HAPI
For more details:
HAPI – @hapiHF
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
What is the Happy Sharing community focused on and what are the requirements to be part of it?
There are already a large number of companies in the market focused on designing decentralized applications. With this in mind, why did HAPI decide to work with ENQ (Enecuum) to help you with the creation of your DeFi products? What advantage does this company offer over others of its kind in the market? Can you tell us about some of the products you hope to develop together?
Regarding the services you provide, I was reading that the fact that DEX uses smart contracts allows them to reject suspicious address requests using HAPI. Does this mean that your services will only be focused on decentralized exchanges on a permanent basis, or do you expect in the future to develop tools that can also be used by centralized exchanges?
This is a great project! Congratulations !
1) Are you also planning on discussing with LocalBitcoin? They are not as programatic as the big exchanges.
2) Will big exchanges play a role in the governance of Hapi?
3) Could you please detail a use case for a scammer who stole 100 eth from a someone? All you know is their address.
The HAPI data provider is voted through a DAO. I would like to know, what other aspects of your projects will be chosen or determined collectively by your users? What is required to be able to participate in the decisions made on your platform?
I read that HAPI is a set of cross-chain smart contracts that are integrated into DeFI products that allow them to reach a new level of security. My question is, these smart contracts what kind of encryption technology do they use to make them invulnerable and resistant to external tampering? How does the blocking of the movement of stolen coins between DeFi and exchanges that HAPI has proposed work?
HAPI is a blockchain cybersecurity protocol for DeFi projects. Many of the projects we know today have been attacked and constantly damaged by hackers. What are the innovative solutions that HAPI offers to guarantee 100% that this type of situation does not happen again? How do you build confidence in developers so that they can use HAPI with confidence?
They have recently established a partnership with @ENQ_enecuum. What will be the new security standards that you and ENQ will develop for blockchain network DApps? How will these new protocols differ from the ones we currently know? What is the future model, in terms of security, that HAPI has in mind for this type of applications?
I saw the HAPI team rationed 24% of the total supply, don’t you think this is too high? Can we know what this team allocation will be used for?
I see you have gradually issued three types of tokens, first HKN then HAI now HAPI. Are the new token issued to replace the old ones, or is each token issued meant to have its own utility?
What is Hacken’s transformation into a robust cybersecurity ecosystem? How could it prevent the various security protocols of other platforms from affecting transactions?
After such an impressive start where the ceiling of 8,400,000 HAI was closed in 15 minutes and increased to a total of 22,933,149 HAI, you show great confidence, what do you expect to develop for this year 2021? what short-term projects are about to come on stream?
What did HAPI envision to establish a partnership with Ethereum, what did they hope to achieve with this partnership ? why not choose another one ?
I read that HAPI is the first project to be launched by the Hacken Foundation (HFoundation), as a first project, could you tell us what difficulties have you ever face and what have you learned from it? Also, I read that the HAPI tech team has successfully passed an in-depth due diligence by Hacken and will focus on developing a product itself. Could you tell us more about this product you will focus on?
HAPI main purpose is to become a security standard for DEXs, lending protocols, derivatives protocols and other DeFi classes, but what about HAPI security itself? Oracles are known for being very susceptible to suffer attacks or being hack, so, could you tell us how are you going to be this impenetrable fort that will function as a security standard for everyone else and not fail on trying?
HAPI has several use cases that make it a huge interest for everyone on DEX, CEX, or any DeFi project, but could you tell us what is in your opinion the most amazing and outstanding feature that HAPI offers that no one else does? Speaking of this features, do you have plans to add more in the future and make them like VIP features or you don’t have plans on adding more exclusive things to HAPI?
HAPI is a set of cross-chain smart contracts embedded in DeFi products that enables them to achieve a higher level of security. What does your Oracle and DAO system offer in regards to the Defi environment?
Governance. Provides governance rights for users (DP choice by DAO). What are the requirements that I must meet to participate in the voting procedure?
HAPI Token Distribution HAI Community members are the main beneficiaries of the HAPI project that enters HFOUNDATION. How does the data legitimation process arise in the authors?
Could you describe the amount of the data submission fee? Provides rights for the customer to submit any information related to the hacking or suspicious wallet.
Hai holders have a unique opportunity to enter the HAPI project at a more profitable price. Does it mean that if I lose that opportunity, they don’t give me another option to enjoy the benefits of the project?
The total number of chips for sale is 480,000 hapi for the first Round with a price of $ 5. At what point will token burning start and what will be the starting limit?
With the HAPI onchain cybersecurity protocol you’re trying to solve the reputational gap for some projects that have been loosing the traders’ trust. How does HAPI compares to other big oracles experts in terms of cybersecurity that also intend to mitigate the risks for the smart contracts?
HAPI is strongly respalded by the Hacked Foundation, by now the HAPI tech team is focusing on developing a product itself, what will be your nexus with the Hacked Foundation in the future? How will both communities beneficiate from this collaboration?
Through HAPI the projects will be able to get the momentum of the attack slowed down and a portion of the HAcker funds blocked. My way of looking at it by making a small analogy, is that you do not avoid the accident but the tragedy, which is pretty good, but do you think you can develop some other product within HAPI to avoid as much as possible the initial vulnerability? Or is this very difficult to achieve?
According to you all DeFi projects will substantially increase their security if they add the HAPI module? If I understood correctly then it is necessary that many projects and exchanges are in HAPI so that the hacker can not take the money to them, correct? So how many have the HAPI module integrated at the moment? At what point do you say that HAPI is ready to work?
One of the key pieces within HAPI are the Data Providers, tell us about them…. How many will be needed, will there be a finite number or will a certain amount be assigned to each project that joins HAPI, how can we rely on them?
HAPI offers a very interesting and Unique solution that any exchange will be “happy” to use, but considering that your filter suspicious addresses, can you tell us which network addresses do you support to this function?
HAPI is allows users participate into its governance system, by doing staking with $HAPI tokens, but what are the minimum amount of $HAPI that I need to stake to do a proposal or just vote?
How do the “New security standards for the blockchain industry” offered by HAPI work? And how do they plan to make Dexs, lending protocols, derivatives, and other DeFi use HAPI?
How does HAPI achieve a higher level of security? Compared to other security projects, what makes HAPI so different and distinctive? In your security, does SaaS really prevent hacking attempts? What makes this possible?
We all mainly seek good security to exchange cryptocurrencies or currencies without any type of risk. So how does HAPI guarantee maximum security within a centralized / decentralized exchange? Does it really provide an anti-hacking system that can return funds if stolen? How long is the estimated time this process would take?
One of the functions of the HAI token is to pay when the audit status of a DeFi project is submitted to a single reporting center to confirm that they have passed a security audit.
I have a question! Is the payment in this case fixed for all DeFi or does it depend on something? And where should these DeFi get HAI from?
Are CEX protected from accepting stolen funds?
When connecting to HAPI, any CEX will be alerted if stolen funds are deposited on their platform.
So how does HAPI determine that these funds have been stolen to warn CEX?
You claim that upon request from exchanges, the service will log all suspicious addresses on the blockchain and will have a ban period varying from 12 hours to a permanent ban. My question is: What do you call a suspicious address? Do you have criteria for choosing them or will this all be subjectively selected? How do you ensure that you are not blocking an address of someone who is doing nothing wrong? Lastly explain to us if you would be so kind how they decide how much ban time that string deserves.
All transactions for products and services will be carried out in HAI tokens (native tokens of the Hacken ecosystem). Do I need to be a Hacken user too?
A good marketing strategy makes the difference when you are trying to get more user to your ecosystem, so can you tell us which elements do you have to attract more and more investors?
In trading, there is definitely selling price competition, if many competitors are interested in trading, what will HAPI do so that many investors are interested in your trading?
For HAPI to be really useful it does not depend of users if they decide to use it or not, but on the exchanges, because they must be connected to HAPI to be able to access information about hacked coins. Considering this, an user can recover their funds, but what benefit get the exchanges that decide to connect to HAPI?
Despite the fact that HAPI is the first project launched by the Hacken Foundation, is there a possibility that in the future HAPI will become fully or partially independent? Currently, what influence has HFoundation had on the development of HAPI?
Ethereum, Vechain, and Polkadot are mentioned in the list of blockchains that HAPI currently supports. But how often will more blockchains be added that can work with HAPI? Also, what does it depend on whether a blockchain works or not with HAPI?
HAPI plans to create a decentralized security auditing database, with the information on whether the smart contract is audited or not. In addition to this, this database will also have the audit report of smart contracts? This would be useful for users who want to verify and see this report for themselves.
Your cybersecurity products will be built for the most popular blockchains like Ethereum, Vechain, Polkadot and others. But what consists of the infrastructure of HAPI itself? How is it builded and what are the tech innovations?
As it says in a medium article about the HAPI Onchain Cybersecurity Protocol for DeFi projects, a request to change or add additional data will have a fee. Can you explain more about this fees? What’s their destination once are paid?
When working on this project, what was the biggest obstacle you had to overcome to achieve a quality service against cyber attacks?
How the service offered by HAPI differs from the security measures used by exchanges in general, what makes HAPI unique in this regard and what level of trust it will give to its users?
In the event of a security breach in an exchange that uses HAPI, what measures would you use to further improve the service and maintain the trust of users?
Security is an important aspect in any decentralized project, why choose HAPI and not another security product more familiar to users? On the net I found many positive characteristics of HAPI, but I would like you to tell me honestly about its weaknesses and what you would like to improve in the future.
You mentioned that HAPI allows a very high level of security, is this really true? If so, to which defi HAPI projects are you currently connected providing security?
Lately many DeFi projects have sought to provide greater security to this financial system, but is DeFi really so lacking in security and DeFi risky? Or is it that they have already discovered how to make their security?
Is HAPI cybersecurity only functional for financial risks? if so, the risks will be much lower? or does it really provide security in every area of the platform?
Months ago a lot was made known about the HackenAI project and its reliable security system, but long after it was forgotten, is HAPI a protocol that seeks to raise the characteristics of HackenAI? or are they the founders themselves or simply partners?
The word “cybersecurity” really catches my attention, is it the ideal one to provide the security that DeFi protocols require? or is it just a reliable but not yet complete alternative?
I understand that centralized exchanges require great security, since they can be easily hacked and manipulated by third parties, but does the DeFi protocols also require it? What is more, have there been users who have lost their funds in their Dex wallets? or do they just seek to prevent?
I understand that HAPI is the solution for big chains like “Ethereum, VeChain, Polkadot” but will it only be for them? Or small chains could also count on their security in future protocols?
I understand that the HAPI protocol will prevent users from investing in projects that have not completed their audit process, right? But the projects that pass the audit are already impossible to finish SCAM? If yes, HAPI would not be responsible if they invest in them and then they are scam?
As HAPI is strongly associated and related to HackenAI, to enjoy cybersecurity will users be required to be holders of both HAI and HAPI? or with HAPI is it sufficient?
I really don’t understand how a security project has its own token, what is the use of HAPI token ? And how is it related to your purpose of providing security ?
Dapps and DeFi are absolutely 2 hotshot in the crypto space today, 1. what roles do Your project play in DeFi and making blockchain solutions highly adaptable at global 2. I know Solidity, Java C, can I build dApps on This project and how will you convince developers to switch to Your project?
What are your major goals to achieve in the next 3-4 years? Where can we Your ecosystem in this period? What are your plans to expand and gain more adoption?
Currently there are many Defi solutions that claim to offer Cross chain services without having a real product developed. Why should we trust you and how is your state of development?
What does HAPI mean? Why did you decide to name your platform that way?
Could you explain briefly how HAPI acts as an interface between Defi products?
How can we, as users or investors, trust Your project, while we don’t know the whitepaper and roadmap about Your project clearly. When did we find out about this? And what about this project in the future can you explain a little?
Hacken club has three types of token HKN, HAI and HAPI . I read on medium article that HAPI is here to disrupt the whole DeFi world, in a good way.Can you explain us more about it why HAPI and what are the usecase of other two tokens?
Can you ensure us Hacken club is hacked proof? if yes how?
Can you please clear us about the usecase of all three tokens HKN,HAI and HAPI? Its really confusing what coin should I hold and what are the benefits of it?
☘️What kind of impact can HAPI holders have on DeFI industry security arbitrators? and what benefits are there for HAPI holders?
If connected to HAPI, any CEX like Coinbase or Binance will be warned in case stolen funds are deposited on their platform. May I ask how accurate your data provider will be? Let’s say, HAPI warned about a certain address and it turns out to be false alarm but exchange already block the funds, that trader will loss profit. Will you help compensate the loss that’s comes with your report?
Project Hapi seem like a well thought about project, in one of the use cases given in the medium article, it says the hackers address and coin details get sent to Hapi, and then to the exchanges. I’m wondering how long does it take between when the hack begins and when you inform the exchanges, if you were to estimate how many minutes/seconds? Does the Hapi security protocol actually stops the suspicious transaction immediately detected or it first reports to the exchanges before the transaction can be stopped??
Crypto traders warned on high risk coins, how do you determine which coins are high risk?
As I know HAPI has programmed a protection system against any cyber attack. How does this system work? What is the target for centralized or decentralized exchanges?
What is the main function of HAPI that makes a difference with similar projects? What are the main benefits for Dex and Ce
What are the benefits of connecting with HAPI? How Hapi would stop a hacking attack such as Kucoin hack? why should Centralized exchange?
Do you have any use case for individual wallets?
How do you exactly protect an address?
where are you with the project, still in development or either rolled out or ready for roll out?
Why did the team decide to remain anonymous and what safety measures are in place for investors?
About HAPI’s Tokenomics, HAPI has been build in a way that allows easy implementation in numerous use cases, so can you share with us what are the several big use cases of HAPI that make it a huge interest for all players like DEX, CEX, or any DeFi project?
The HAPI oracle’s job is to notify whether the specific smart contract is audited or not and this information will be issued by the selected data provider. So may we know who is this Data Provider and what important role it will be playing in Hapi’s Ecosystem?
HAPI is a set of cross chain smart contracts that are embedded into DeFI products that allow them to reach a new security level. So how does HAPI really works and what we’re you trying to solve with your HAPI onchain cybersecurity protocol?
In accordance with your medium article that every time a DEX user selects a token to trade, the exchange requests the HAPI smart contract to check the audit status. If not audited, the exchange can notify the trader on possible risks or even impose a limit for buy/sell order amount, or restrict any operations with high-risk tokens. So with this scenario, how will exchange notify the trader about the possible risk with the token traded? As a trader, I am curious if some exchanges notify traders for any risk regarding unaudited token? Does exchanges list tokens even if not smart-contract audited? Can you tell us how Hapi network help to prevent unaudited token to be listed to some exchanges? Can you also tell us some real use-cases that Hapi smart contract audited applied to some Dex exchanges? Thank you
I have read that HAPI depends, plans to depend heavily on Staking, could you tell us what is required for a user to be able to stake? up to how much% could it generate annually?
What is the HAPI team doing right now, is it focused on the market, ecosystem development, partnerships or even enlarging the community? How will HAPI face 2021 because we know the crypto market is booming this year? what are the challenges of HAPI to face it?
Can you outline the strategy around business development? Will HAPI be starting for scratch or does HAPI already have a MVP that can be tested by DEXs and DeFi projects today? Who are you planned technology partners outside of VeChain?
A Blockchain is a database stored on multiple computers at once. So, how can HAPI record this data into the blockchain?
How does HAPI receive hacked reports on exchanges / wallets?
As a trader, how will I know if tokens smart contract listed in an exchange is already audited? What if, unfortunately I traded a risky one or token that is unaudited,how Hapi can help me to solve any issue about my trading? What maybe the possible risks I may undergo if I bump and trade into an unaudited token? Is there a possibility that I may loss my funds? Thank you
Hi! Thanks for doing this AMA.
1. Could you tell us what determines the value of HAPI. Do tokens get burned?
2. Why is HAPI an ERC20 token, while HAI for instance just went from ERC to VIP?
3. Are their any real competitors in this field for HAPI and what makes you stand out?
From the result of your collaboration with HAI (Hacken), you have created product HAPICORN. Can you introduce to us what function from your product HAPICORN have? And do you have plan with another partnership in the future?
Will you explain how CEX, DEX and any interested on HAPI can integrate the smart contract that activate the security measures that your platform offers? What is this HAPI smart contract and how will you employ it to the clients service system?
HAPI is a set of cross chain smart contracts that are embedded into DeFI products that allow them to reach a new security level, thats mean HAPI protect DEFI and CEFI from hacks. But why your team choose to become anon team? Isn’t it best for investor to know all about HAPI, and what ensure secure for investor?
May I ask if HAPI already gain some clients and the security contracts are already been deployed? Can you name some of HAPI clients or upcoming partnerships that we can look forward to these coming months?
After learn about your project, HAPI have a native token name HAPI token, could you pls explain what are the use from HAPI token and how does it work? Do we must pay using HAPI token to use your service?
Oracles are categorized as First Party and Second Party Oracles. First Party Oracles do not require an extra layer. Since HAPI is an “onchain” cybersecurity protocol, can we call it as First Party, and consider it faster? Do you need an interlayer for serving or getting data?
Perhaps I do not quite understand what you are doing, but it seems that your smart contracts are potentially dangerous for all of us. Where is the guarantee that there will be no erroneous locks?And who can guarantee that whoever has access to the contract does not block ALL funds on the hot wallets of the exchanges and does not require a ransom? Moreover, DEX is so called because they give freedom of action and your contract will deprive them of their advantages. Your contract is designed to protect the reputation of exchanges, and who will protect us from your smart contract?Who will decide what locked assets can be unlocked?
Hello, can you explain us how do you plan to control data submission? Don’t you think that most funds which were stolen could be hidden by using mixers? How you will prove that this address really connected to hack or is suspicious?
How long did it take for HAPI to go from ‘just’ an idea, into being a fully fledged hot new project within the DEFI cybersecurity space?
What is the long term aspiration for HAPI on the global tech stage?