We are pleased to announce our next AMA on March 1st, 2021 at 02:00 PM UTC Time: Satoshi Club x Blank
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Blank Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Blank Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Blank
For more details:
Blank – @blankwallet
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Good project, motivation is personal property, but sometimes we need proof of our transactions with other people, TX Hash, track record, then how about in BLANK can it still be given? what about transparency?
Many people have switched to transactions on the BSC network because it is claimed to be cheaper, faster and safer, what do you think, are there any future BLANK plans to open a BSC too?
Upon reading the Blank Metrics I noticed that Blank wallet is said to be renowned for its privacy features, giving users a completely different experience in interactions with DeFi apps, even so, how secure do you deem the bedrock of Blank’s privacy to be, can you assure me that I will get as much transparency as possible?
Traceability to users funds, withdrawals and deposits can not be put to use since Blank uses the zkSnark technology as a shield, what are the great chores this technology does, how effective is it to Blank’s community?
One of the last goals to score on your roadmap is the Integration with Metamask Snaps Plugin, can you tell me what the best interests of Blank are when aiming for this union, will it really get done this year?
I often receive strange cryptocurrency transfers to my wallet addresses, that means that many people access my wallet addresses and have seen my financial movements. How does Blank do to hide my movements through smart contracts and how effective is it? it is this?
on your website it says that “Your level of privacy only increases with each additional transfer within” Does this mean that there are additional external transfers that do not receive the same level of privacy?
I read that Blank hides my financial data by mixing transfers with the group of funds within Blank, How do you ensure that external transfers remain anonymous and offer privacy to my financial movements?
There are five common core issues in technology today: scalability, security, interoperability, speed and privacy. How will $Black Tackle these problems?
What Black planed to do in future what Blank have any big plan or surprise for users?
Blank does not use KYC and that brings many benefits and advantages, but how does Blank avoid the negative effects of not requiring KYC such as funds of illicit origin, hackers and scammers?
Blank is the first Chrome extension to offer this type of services and products. What benefits has being the pioneers in offering this type of services generated for you and what other market opportunities can this area of Chrome offer for Blank?
There is something I did not understand about Blank, why does your platform create a new wallet address every time you want to withdraw an amount? Shouldn’t it be the other way around, a new address when depositing?
I read that following the success of your private pre-sale, you are now extending the benefits of the BLANK $ token to the crypto community. What are these new features and benefits you have given to the holders of the $BLANK token? Now that it is possible to apply for the Polkastarter IDO whitelist lottery, what improvements will this new release bring to your project with Polkastarter?
The anonymity of the blockchain and DeFi is the biggest advertising attraction that many platforms make to attract more users, but those of us who have already decided to be part of this decentralized world know that this is not really the case. But there is also concern that complete anonymity will decrease the security of transactions. How does Blank achieve that perfect balance between privacy and security? What decentralized elements operate within your project to achieve it? Is it possible to connect your platform with any DeFi project based on the ERC20 network?
Blank hides the financial data of transfers made in Ethereum. My question is, what tools have they developed to make this possible and prevent someone mar urgue in the personal information of Ethereum users? Is it possible to apply this model to other blockchains that need it? Have you already thought about venturing into other blockchains?
A few days ago, Genesis Block Ventures was one of the first private investors in the Blank Wallet round and one of the first to support your project. Considering that this company works closely with Genesis Block HK, the leading over-the-counter (OTC) digital asset trading center in Asia, how do you expect this investment to boost Blank’s development in the Asian market? Do you think this will help you to develop your initiative specifically in that region?
“Blank”, bets on total anonymity within the ecosystem and this idea is really good in terms of security against fraudsters and hackers, but in terms of legality it can be very counterproductive. How does BLANK handle the idea that your platform and project in general can be used in the so-called black internet? Do you have any strategy to prevent the idea of your work model and project from being distorted?
The moment the user decides to create his wallet, he receives a backup seed key, and he can deposit his crypto. But, regarding the automation and the mixing of funds with the group of coins in Blank, what is the security-benefit ratio for your users? Does the loss or deflation of this group of coins influence the assets and funds of the users?
You say that to ensure security, independent auditors audit Blank’s smart contracts before each launch. Which company or companies have been in charge of auditing your smart contracts so far? What aspects of Blank’s platform and system have you been able to improve thanks to these audits?
What features and benefits will the Blank referral system have for users who decide to use it? How much could an average user earn for showing their acquaintances the benefits of Blank and referring them to your platform?
Thank you!
You said that Blank is a user-friendly Ethereum browser extension wallet, but why did you decide to make a browser extension and for what browser will it be available? It’s not very common to see an extension wallet, and we know that browser extension can be really unstable and glitchy, so, why didn’t you release a full website, or app? Aren’t you afraid of the risks that a browser extension malfunction can bring to Blank and the users security? Speaking of this, do you have plans to always stay as a browser extension or do you have plans to migrate to your own platform?
Reading your medium articles, I noticed that you said you are an Ethereum browser extension, but as we know, Ethereum is not the only blockchain, and some users prefer other ones over this one because of all the problems Ethereum brings. So, do you have plans to stay on Ethereum or will you explore working with other blockchains such as Polkadot, Houbi, Cosmos, etc? When could we see this happening?
I read on one of your medium articles that one of the benefits of $BLANK is that: “$BLANK token holders will be subject to considerable fee reductions which will be based on a tier-system depending on how many tokens the user is holding”. So, my question is, could you tell us what is the initial ammount a user needs to hold in order to be considerable for this fee reductions and how much this reduction of fee is going to be? What is the max. reduction a user can recieve thanks to their holding of $BLANK?
I read that Blank is a Chrome extension, is there any way to recover the money deposited on your platform in case access to your extension is lost in Google Chrome?
I have heard many milestones about the zkSnark technology and how it has helped platforms like Blank. How has the Blank platform been benefited by using the zkSnark technology for the performance of its services and what updates will come in the future?
The Blank platform performs anonymity tests on our withdrawals and deposits. How do these tests work and how do they guarantee that no one will be able to link our withdrawals with our deposits?
Blank wallet charges etheruem commissions to its users when making transactions ? I know they have a referral system, how does this benefit the common user and blank wallet itself ?
I understand that Blank Wallet offers maximum privacy to its users, to the point that KYC is not a requirement, but isn’t so much privacy counterproductive? doesn’t it help hackers and thieves to act from anonymity? this talking specifically about “NO KYC”
Blank uses smart contracts that allow users to hide the amounts and origin of cryptocurrencies, can you really trust these smart contracts ? today there is an infinity of wallets, I understand that one of its greatest strengths is privacy but why should you use Blank Wallet and not others like Trust Wallet for example ?
I have read that Blank offers “initial liquidity” for blank smart contracts, do you use a liquidity provider for this function or is your platform in charge of generating this liquidity on its own?
Blank uses independent auditors to audit smart contracts before each launch, is it possible that an intruder can manipulate this area or make any changes to the auditors work?
One of the benefits of Blank is that they use ETH, WBTC and all the ERC-20 support. What will happen to those users who prefer to use TRX instead of ERC20 and thus avoid losing money due to high gas levels?
On your website I can only see positive features about Blank it really seems like the perfect wallet, being honest as developers what weaknesses does Blank have, what would you like to improve or implement?
Blank has an extension in google, but my question is, if you have as a project to also establish it in such a reliable app with Play Store or App Store?
Compared to users with few transfers to those who have transfers followed in a constant way, shouldn’t they have the same privacy since they are using the same platform in preference to choosing the others?
I have a great question and it is about how much are the minimum rates as every platform about money talks, in terms of generating trust in its users and commissions …?
In your white paper, you mention that wallet users will have to pay a fee to use certain privacy-related features and that BLANK token holders will have reductions in these fees. What will be the price of these fees and what is the maximum percentage of that fee that BLANK holders can reduce according to the amount of tokens held?
In your white paper you mention that some features of Blank will be limited only to those who have BLANK tokens, could you mention some of these exclusive features that you will prepare for these users, and how do these features differentiate BLANK from other wallets?
In your wihte paper you mention that you will have Alpha or Beta tests for the wallet; What is the threshold of withheld tokens that a user must overcome in order to be invited to any of these tests? and, could you give us a little hint about what kind of characteristics could we try in these Alpha and Beta testing sessions?
How did “Blank” manage to discover that discovering that people are not anonymous when making a transfer in ETH and on the blockchain? Can someone really track and hack us by seeing the transfer and application?
You say on the website that through Blank only we can see, access and manage our funds through a smart contract. But why should we trust a smart contract? How do you guarantee that our funds will be completely safe?
In “cover your commercial activity” you say that users do not need to pass their “KYC” since Blank contains “maximum” privacy and security. Can you explain to me how Blank ensures maximum privacy? What tools do you use to contain maximum privacy and security?
Isn’t a secret for everyone that the inusual higher gas fees turns the Blank wallet very expersive to use on this days, in one of your papers it’s mentioned that you expect to solve this problem with the implentation of Ethereum 2.0 in the future. What acommodations will be made once this happens and how will be the gas problem fixed or partially fixed?
Independent auditors audit Blank’s smart contracts before every release and there’s even a bug bounty program, can you provide more details about this subject? Who are these independent auditors and where is all this information for the bounty hunters?
The privacy and anonymity of Blank Wallet increases with every user added, so it is very important that Blank gets a healthy income of new users. How do you plan to grow your user base? Can you tell us about your strategies and plans for attracting people to Blank?
You mention that your direct competition are platforms like Tornado Cash, Incognito and Metamask. All those platforms have been successful, so I would like to know what are the advantages that Blank Wallet provides the users that platforms like the already mentioned aren’t able to? Do you think you will surpass other platforms that also offer privacy solutions?
As amazing as DeFi is, we all have heard of security issues and hacks happening in the past. Since Blank Wallet is about privacy and anonymity, does that guarantee that all users’ funds are safe in case of hack threats?
Blank is certainly not the first web extension wallet. Please could you explain us what are the key differences with respect to your competitors? Why do you consider that Blank Wallet is the definitive solution? What security measures do you offer that other projects don’t?
The idea of Blank is really innovative, what I don’t like is that you only apply it for ERC-20 tokens. Do you plan to incorporate tokens from other blockchains into Blank in the future?
I read that Blank Waller has a kind of selective privacy that allows us to customize who we provide transparency to. Tell us about this, how is it set up, in what situations will this be useful, in what situations would I want to be transparent?
I think the idea of privacy is great, but I am concerned that these types of projects are used for illegal activities. What measures do you take to avoid this type of activity?
What killer features Your project has that are ahead of the competition and how does intend to open up the technology to the community and to researchers so it can be continuously improved on?
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?
What are the difficulties you have been faced during the development of The project? How many products have integrated the protocol? What are some insights gathered from the members?
On the website you mention and quote: “Independent auditors audit Blank smart contracts before each launch.” What do you mean by independent auditors?
Blank has it’s own Chrome extension for create a wallet with an untraceable identity, I would really like to try it but couldn’t see an official link on the website, is it already available? Is it necessary to be a investor to use it?
Blank will send a third of their fees to those staking the ETH/BLANK pair on Uniswap as an incentivation for liquidity providers, how long will the LPs receive this benefit? And what are the benefits for the early investors on this platform?
Please tell us how the magic happens behind Blank. How do you make our transaction opaque within other transactions…? How do withdrawals occur so that there is no trace of our payment? Please explain us what is this zkSnark technology, are there already other projects using it?
What is the process to make a hidden transaction in Blank? Is it more difficult or more expensive than doing transactions through our wallet?
Can I use any feature of Blink in platforms that require KYC to be used?
How can you assure that BLANK Wallet is secure and it won’t steal userdata and sell for it’s own benefit?
Do you have roadmap of BLANK Wallet? If yes,What achievements so far BLANK platform have obtained according to the roadmap?
Blank is the most private, non-custodial Ethereum browser wallet. How much is this Statemenr true can you conclude this with anything?
Blank is a non-custodial ethereum wallet. I’ve to ask why limit Blank Wallet to one blockchain? Or are plans in motion for other blockchain tokens to be stored on blank wallet? Secondly, we all know that ethereum is the most expensive blockchain to use, so why make ethereum your main focal point?
I know that for the transactions to be private, the projects used ZK-Rollup, is this the same one used in Blank? If not, thanks to whom do they achieve privacy with the same transparency? Has it already been tested in other projects?
Privacy really isn’t, isn’t it completely private? But why is it necessary to further increase your level of privacy through each additional transfer within?
I understand that Blanck is the “MOST PRIVATE AND UNCUSTODY ETHEREUM WALLET”, but will it only work with ERC20 tokens? Or will it also support and will be able to carry out private transactions with NFT tokens? Also will it be possible to expand to other chains in the future?
For many, privacy is not very attractive, so ETH has etherscan to observe each transaction, but since Blank works with ETH, how will it prevent users from seeing the transaction in etherscan?
Does the privacy with the Blank wallet have any additional cost than the cost of gas in each transaction? Or will it be totally free to hide the IP in connecting the wallet and my transaction history?
I understand that Blank is safer and more beneficial than Metamask and other wallets, but can Blank really connect with any dapps or any DeFi protocol without problems?
You mention that “We have eliminated friction to guarantee a successful entry to the market”, but could you really tell us how I did it? Will it be through the same privacy of ZK-Snark?
Can I configure Blank’s wallet allowing some specific people to access my transaction history and not the rest? or can you just make it visible or private for everyone?
I saw something interesting on the website “each time you want to make a withdrawal, Blank will create a new wallet address for you with the amount of crypto that you requested”. Does that hold through for deposits too, would we be issued a new wallet address whenever we want to deposit? And is the technology fool-proof to ensure no mix up in the group of individuals that I am put into, like say Persons A-Z are grouped, is it possible in any way that the technology gives Person A the tokens of Person J, that kind of mix-up?
Privacy has its advantages, but on the other hand it can also be used for malicious activities. What is your opinion on this? Does the Blank Wallet pay attention to the downside?
Does Blank Wallet have plans for fiat integration and direct withdrawals to private banks in the future? or are you not going to this direction actually?
Transparency is one of the features of the ETH blockchain, but you say that user prefer being anonymous and do not show their wealth. Does the Blank project have a source for that info? Is there any case why user prefer to being anonymous?
I read from your site,
“Blank hides our financial data by mixing transfers with the pool of funds within Blank, ensuring that outward transfers remain anonymous” I think your main target customer are whales who do big transaction right? Because for what reason user with small mount of transaction hide their transaction? Can you give your opinion regarding this? Thank you
Although anonymity is highly demanded by users, it is also true that the Ethereum blockchain is presenting very high commissions, so users are not working with ERC-20, how do you plan to solve this?
This Q3 of 2021 according to your roadmap, Blank plans to implement One Time Address on each time withdrawing from the main Blank pool would automatically create a new address to withdraw into. Why would users needs to have different address to withdraw into? Will you implement a one time address too on deposits?
I understand that Blank uses zkSnarks technology, can you explain how zkSnarks benefits the project?
I see that blank wallet can hides transaction and make user stay anonymous, thats great to know but how about the safety from Blank wallet? Is our asset safe in your wallet and any audit result that you can share?
Why did you decide to choose tornado.cash as the project provider? What motivated or prompted them to choose them? And what does tornado.cash bring to Blank?
You give us the opportunity to hide or show your wealth. How does this function work, is it paid, is it available to everyone and for what purpose was it opened?
I like the secrecy features of Blank, but what will be your safetynet against laundering of stolen tokens? What are the guidelines of Blank when a stolen assets entered your platform?
You say there is no KYC. Maximum privacy! But how is the transaction confirmation process going? Where are the guarantees that it was I who performed the operation, is there any confirmation?
Blank users do not have to write down secret phrases, because encrypted seed phrase, along with other sensitive data like addresses, keys and account data, is securely saved in the browser’s local storage. What will happen if the device was stolen or damage? How to import the users data on another device?
With Blank, will I always be anonymous or can I at least occasionally reveal my identity if necessary? How does this process take place?
I see a wild interest in upcoming Blank Wallet IDO on Polkastarter! Please tell me if there are limits to wallets that will be whitelisted? What do I need to do to apply for a whitelist? What will be the maximum and minimum limits on IDO? Why did you choose Polkastarter?
What will be the difference between Blank Wallet and Metamask? Are you just creating Ethereum or will we be able to interact with another blockchains also using Blank Wallet?
How much growth would you expect for this project in this year.