AMA Satoshi Club x Pinknode, April 10th

We are pleased to announce our next AMA on April 10th 2021 at 03:00 PM UTC Time: Satoshi Club x Pinknode

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Pinknode 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.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Pinknode Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Pinknode

For more details:
Pinknode Website – pinknode.io
Pinknode Telegram – @pinknode
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Posted in Uncategorized

60 thoughts on “AMA Satoshi Club x Pinknode, April 10th

  1. The target of Pinknode is to become the “Infura for Polkadot” which is quite ambitious since such infrastructure is not yet developed on the Polkadot chain and also, by design, Polkadot is meant to function as a multiple parachains of interconnected chains. So, what mechanism are you going to use to deliver Web APIs that will allow instant communication and data access over Web sockets across Polkadot Relay chains and future parachains? How is Pinknode infrastructure designed to maintain a secure node that will be accessible to Polkadot project developers and be as dependable as infura on the Ethereum chain?

  2. In order to improve the rate of adoption and reduce barrier of entry, I have read that you are going to implement a streamlined onboarding process which will be ensured using a custom pinknode-powered line of code. What does this mean? What is the streamlined onboarding process requirement for developers or project team and how are they expected to function as ‘node’ as well as a ‘collator’ after being onboarded?

  3. Your total token supply is 200,000,000 $PNODE and only 1.14% of this will be allocated to public sale while 15.33% of $PNODE total supply is reserved for Seed and Private sale event. Why did you allocate the least percentage of $PNODE to public sale and how do you plan to conduct this public event? In addition, I discovered that the form for private investors waitlist is currently opened on your website. Who can join the private sale event and how will you select the final lists of investors that you will invite for the private sale event?

  4. do you currently have airdrops events to help with the adoption of the project ecosystem? Will you be open locally or do you want to venture globally?

  5. As we all know in the DeFi world Polkadot is renowned for having been dominating the multiple open source chains. But, the current support infrastructure is lacking and that represents a great challenge for both projects and users. What solutions does Pinknode bring? What is Pinknode’s goal to solve this inefficiency?

  6. My understanding is that one of the big issues with Polkadot is that there are only a handful of third-party node providers and that means that each developer working with Polkadot has to configure and manage their own node. What tools does Pinknode offer to reduce or eradicate the workload?

  7. Pinknode aims to eliminate an entire layer of inefficiencies and complexities to accelerate the lifecycles of its products. What factors will apply to bring this goal to life? Who will be able to access Pinknode? Is it a project for the whole community in general or just for big companies with Polkadot?

  8. Currently in terms of users, the complexities of blockchain remain complex for most. To communicate (view balances, send transactions, implement smart contracts, etc.) with any blockchain, users must have access to a node. However, most users would hardly have the technical expertise or equipment to configure and operate a node. Does Pinknode have any features to improve interaction with natural users? Can you tell us a little more about what development tools you will apply to improve such complexity?

  9. Pinknode is on a mission to create a leading network infrastructure and exceptional development tools, empowering teams to develop and accelerate the growth of the most promising Web 3.0 protocol. Can you tell us a little more about this and what tools will you implement to fulfill this mission?

  10. Polkadot is designed to function as a network of multiple parachutes interconnected by the Relay Chain. What benefits will they provide to developers? Also provide parachute? Who can implement them?

  11. Very notable is the hot field of DeFi, Polkadot has been dominating conversations with his ability to weave blockchain networks together. Apart from Polkadot, other project teams could also benefit from Pinknode? How do nodes work to achieve security of their parachain?

  12. Hey good day, going through your medium account and seeing your theme generally pink make me think, do one of you in the team loves the color pink or how do you think of giving your crypto ecosystem pinknode.

  13. Going through your services enlightened me on your ease of work/interoperability access for computer developers and expert, i will like to know how normal users like us can gain from the platform and how we can really make use of the pinknode platform.

  14. Pinknode want to serve as infura to the polkadot system (for those that need to know infura runs on the ethereum node and gives everyone who wants to interact with the ethereum blockchain access). One of the main problem of infura is congestion (lack of easy interoperability) among network because of the large audience gaining accessibility to it but i will like to know how you solve congestion and increase interoperability on pinknode and also do pinknode supports the Web3 APIs.

  15. Pnode can be staked by users for API access, network security and relay optimization.
    In the normal/lame man crypto world, when we stake there is something we do call APY which we receive annually but in your platform it seem like there is nothing called “annual percentage yield”. Only that the token given can be used to purchase some services on the platform and nothing more. Can you explain further if i am wrong or right and are they plans to use the token apart from payment of services

  16. I saw your HTTPS API ENDPOINTS on your website but it still seems you are still testing on Rococo, i will like to know when you are going to launch the mainnet and how long is it going to take before the launching.

  17. You plan to create an innovative caching solution which actively affects developers, what are the architecture you plan to introduce that will improve the caching ability with low latency when transferring data. Also when all these services are being produced how will the subscription fees be like, are they cost considerate or highly expensive?

  18. Pinknode’s goal is to serve as the “Infura for Polkadot” by providing developers with web API access to the Polkadot Relay Chain. Can you explain how Pinknode accommodates interoperability between parachutes? Can you explain under what scheme the data transfer works through Pinknode?

  19. Pinknode aims to eliminate an entire layer of inefficiencies and complexities to accelerate the lifecycles of its products. Can users get access to the network through ownership or payment with PNODE?

  20. Pinknode aims to eliminate an entire layer of inefficiencies and complexities to accelerate the life cycles of its products. What are the various uses of the $ PNODE token? How is network security supported? Are PNODE also used for the incorporation of new parachains?

  21. As an open source multi-chain chunked protocol, Polkadot allows the transfer of any type of data or assets, not just tokens, to be transferred across the chains. However, the current support infrastructure is lacking and this represents a great challenge for both projects and users. When submitting and requesting data directly through Pinknode, do developers still need to operate their own Polkadot node? How does Pinknode reduce developer workload and limit resource requirements?

  22. According to your whitepaper, the primary strength of Pinknode is in its focus on the Polkadot ecosystem, but you have many features regarding parachain data with efforts to decentralize the node network that can be extrapolated to other chains, will your project expand your focus beyond the Polkadot ecosystem in the future?

  23. It’s on your roadmap for this year hiring and corporate structuring, what advances have been made so far in the integration of your team? Can you tell us about the team and what benefits will you have for yourselves as the project grows?

  24. According to the roadmap, the third quarter of 2021, you will be launching a PNODE governance contract, you will incorporate users and parachutes, can you explain a little what these implementations consist of?

  25. If I’m not mistaken PinkNode provides help to those projects in the PolkaDot ecosystem, but do you have plans with other PolkaDot projects in the next few months? What kind of plans?

  26. So that PinkNode can provide nodes to a developer or a project, what are the necessary requirements to carry this out? Also, what types of nodes do you provide to developers?

  27. It is important that PinkNode expands to the ears of all developers in the PolkaDot ecosystem, how do you seek the expansion of PinkNode and the increased demand for the project?

  28. Can you tell us a bit about the team behind PinkNode? Do you have an experienced and trained team? How many people make up the PinkNode team?

  29. According to your roadmap, in the fourth quarter of 2021, you will develop the Websockets, can you explain the functionality of this? What are your expectations about this?

  30. Pinknode is the gateway to Polkadot Ecosystem by empowering developers. What is the purpose of giving this empowerment to developers? and what do you reward for supporting developers? is this kind of program that you built to relate with the community?

  31. Innovators and disruptors always have their place on the blockchain space. Could you really explain why Pinknode is important for blockchain space? How do we get involve in Pinknode project?

  32. Before jumping into an ecosystem, investors always looking for some interesting features. What about Pinknode? What is the framework? How is it the system work Pinknode?

  33. It is mentioned that Pinknode want to empower developers by providing node-as-a-service solutions and accelerating product life cycle. What is the program that Pinknode launch to attract innovators and investors?

  34. It is interesting project from Pinknode that support innovators and startups with their service. Does Pinknode apply specific requirements to be eligible on the service? Do innovators need to apply for a proposal?

  35. At Pinknode the pricing model is based on staking and burn structure of your native token PNODE, can you tell us how often is this burning and how does your deflationary mechanism work to ensure the stability of your token and the network itself?

  36. I understand that Pinknode is largely leveraging on it’s core strength of providing unrivalled quality service with it’s sole focus on the Polkadot ecosystem as compared to other node operators & API providers. Does your core focus on only the Polkadot ecosystem directly limit any onboaring or integrating services that you might provide for projects built on other chains who prefer to use Polkadot as a bridge or para-chain for a variety of their project functionalities?

  37. The Public sale and launch of the governance contract for PNode is billed for Q2 and Q3 this year with some TGE billed simultaneously. Understanding that this is your first official AMA session and your community growth is particularly at an infancy, how would the team leverage on this and conveniently grow and increase awareness for Pinknode & PNODE considering the multidiverse and multifaceted structures of various crypto communities and how will your service strengths be further promoted beyond AMA functions and events?

  38. Us mention that PinkNode provides “Global Autoscale” which scales as it grows with pre-programmed solutions to serve users around the world. But how do these programmable solutions work? If an external project needs these solutions, could it partner with PinkNode to get them?

  39. I understand Pinknode focus on providing niche infrastructure support for the impending exponential growth of the Polkadot ecosystem. But how do they plan to provide this globally so that more and more people can integrate into Pinknode; growing the Polkadot ecosystem ? What are the different marketing and advertising plans and strategies that you will apply to achieve a great expansion?

  40. In their tokenomics they mention that there is a Reserve of 8.36% of their native tokens. But what is the function of keeping the 8.36% of the tokens reserved? This percentage could not be given any other use that has another function in PinkNode?

  41. The fact that Pinknode would be an infura for Polkadot is a very good thing. But looking at some problems associated with infura at large especially the ethereum’s. We could notice that the more request pulled from the node, the slower the thing becomes and less reliable. Have Pinknode put this into consideration? what improvement have you made to curb this?
    Also, the ethereum infura was like centralizing, a decentralized system. What about Pinknode? What can you say about the system governance?

  42. You said project teams would benefit from the PINKNODE, how? You also said that by streamlining the onboarding process for developers, the rate of adoption would increase. In what way would you streamline the onboarding process? What would the fee for onboarding? Any bonus for developers?

  43. PinkNode is the first node operators and API providers. When compared with other node operators and API providers, what are the features that makes it highly specialised?

  44. The pricing model employed by existing node and Api providers often functions on a tiered-paid subscription structure, with limitations on the number of daily API requests or
    computational resources relative to the subscription tiers. What is Pinknode pricing model? How will the model be different from existing models and how will it favour the ecosystem?

  45. When trying to connect PinkNode thru Polkadot, it is stated while accessing it that “Access to PinkNode is currently restricted.
    If you have an exclusive invite, please use the link provided to you.” So,how can we get invited to access PinkNode? Why this is exclusive? Aside from being invited,what other ways to access PinkNode? Thank you

  46. Looking at the tokenomics section in your whitepaper, i saw the way you allocated the token for fund raising. What portion do you have for the burning of some tokens? I tried checking through the project history and i couldn’t find when you had a fund raising project. I want to know when you would start your public and private sale.

  47. When I logged into your Twitter account today, I received the following message: “Attention! This account is temporarily limited!
    You see this warning, because unusual actions were performed on behalf of this account”. We very often ask about the audit of smart contracts and the security of platforms and applications. And today I was wondering how protected your accounts in social networks and instant messengers and the data of your subscribers and users from hacking by intruders?

  48. You provide end-to-end node operation services. How is this service formalized and provided? For what period of time can I “rent” nodes and in what quantity, can I cancel its services ahead of schedule, if something does not suit me?

  49. The goal of Pinknode is to serve as the “Infura for Polkadot” by providing developers with web API access to the Polkadot Relay Chain. Do you think your system can keep up with daily transactions processed by Infura? What is Pinknode’s TPS?

  50. PinkNode is planning to distribute only 1.14% to the public sale. Why such a small amount? Don’t you agree that the more you offer to the public round the higher will be public awareness about the project and later adoption?

  51. Node as a service idea sounds very promising! Will you accept DOT tokens or only PNODE from users of the nodes as a service? What unique application insights can Pinknode analytics dashboard provide to the node subscribers?

  52. PinkNode promises high quality, secure and reliable architecture maintained through strict internal testing protocols. Internal testing is definitely great but external audits give users better piece of mind when signing up for a service. Do you plan an external audit round or maybe you already had it?

  53. On your roadmap, I could discovered that there are milestones you are looking forward to achieve. What should we be expecting, because this will actually base on people’s minds? Can you hint us on what we should be expecting? Is there any unknown package we should gaze our focus on in the future?

  54. i read that PinkNode project still in early stage and build on Polkadot Blockchain. So as polkadot, can you tell us who are your partner for now and what collaboration that you already make with them ? also which project that you aim to make as partner?

  55. I read from your site that Pinknode aims to serve as the “Infura for Polkadot”. Can you explain more about what is Infura for polkadot mean?
    And what effort that Pinknode project already do to achieve this target?

  56. On your project background, you aims to solve lack of supporting Infrastructure presents challenges for the onboarding of projects and users. What are the requirements to solve this? Should we have 99.9% assurance that this problem will be solved very soon? You mention something about the reliable node-as-a-service solutions too, where the reliable source is coming from?

  57. There are plans to enable PNODE to function as a governance token to steer Pinknode ecosystem developments. Do you have any updates about Governance functionality of $PNODE? When will you start implementing this system?

  58. There are 5 people from the team on your site. Is it the full roster or are there more team members behind the scenes? How many of them are developers and how many more are you planning to find? After all, as you say: “More Developers, More Applications, Move Users”.

  59. I read on your lightpaper that PNODE may also be used for staking programs. Do you have active $PNODE staking right now? Is it already active?

  60. I already search on your site about how to buy Pinknode token but it looks like Pinknode still not trading on any exchange for now, can you give the reason? So if no presale or public sale, how do user can get your token? Is it from community event?

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