We are pleased to announce our next AMA on May 12th 2021 at 01:00 PM UTC Time: Satoshi Club x Evanesco
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Evanesco Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Evanesco Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Evanesco
For more details:
Evanesco Website – evanesco.org
Evanesco Telegram – @EvanescoIO
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
how does security give by Web 3.0 smart-backed liquidity ?
Royale is a three-sided network platform so what are the benifits that are give than other platforms?
many cryptographic projects appear with interesting ideas, objectives and proposals ranging from DeFi innovation, charitable tokens, the NFT market and its dynamic variants among other applications, What does your project contribute to the cryptographic ecosystem in general and how does the community benefits from your project?
What are the competitive advantages of your project? What advantages do you have that other competitors dont have ? What would be your project secure most similar contender in the market today in terms of scalability, security, features, and adaptability?
Marketing is a central element for every project, so that everyone knows the potential that a project can bring is vital to achieve the goals set. What is your strategy to attract new users and Investor to Your platform and keep them long term?
One of the Technical highlights of EVANESCO is an Intelligent Engine for Privacy transaction, what does this intelligent engine do, how does it work, how does it help to improve the decentralized Privacy services that Evanesco offers, and how is this beneficial to your clients and the several areas of application of EVANESCO platform such as Full privacy lending market and private NFT Market place…
Why did Evanesco decide to do an ITO (Initial Twitter Offering) , instead of the conventional IDO (Initial Dex Offering) or IEO (Initial Exchange offering), Why will there be Two rounds for this ITO, how will this ITO work, and what will be the requirement for participation, I am aware that those who participate in your ITO will receive an Airdrop after EVA launch on an exchange..is there more details about this airdrop.. what token will you airdrop to participants, and what are the criterias that will determine the amount of airdrop each participant will receive..
Evanesco uses an advanced two-layer consensus mechanism GPoW ( GRANDPA over PoW) In order to provide a decentralized, more efficient and consistent consensus mechanism for the entire financial ecology,.. so how does this Two-layer consensus mechanism work, what are the two layers of the mechanism, what are the functions of the two layers and how does this Two-layer consensus mechanism help provide a decentralized, more efficient and consistent consensus mechanism for your Ecosystem
Your public sale is going to be conducted by Mask Network and it is unique in the sense that it will be an Initial Twitter Offering (ITO). How are you going to implement Twitter Offering and why did you think this model best suit your project? Also, it is further said that users will be required to hold 200 $MASK to participate and that Mask numbers will be adjusted from 50 to 200 to prevent evil before the whitelist? Can you provide a little details on this type of presale and how the triangular element of Twitter , $MASK and Telegram interplay in the whitelisting process? Also, why are users still required to talk to your tg bot to get their referral link or do you give more whitelist allocation to users based on valid referrals?
Knowing that Evanesco offers a fairer and more reliable decentralized ecology when it comes to upcoming privacy finances; Would you like to tell us a little about the privacy network you offer? Are chain adaptation mechanisms applied in the execution of transactions? Do you use PEX as a standardized service? What are the characteristics of Evanesco?
EVA provides privacy schemes for each step and different levels of the entire transaction process to achieve greater security of encrypted assets, based on a variety of privacy technologies. How is Routing Privacy enforced? Does the network broadcast hide the routing information? How is transaction privacy enforced?
The protection of transactions is what everyone looks for when executing some type of transaction, because currently there are many thefts on the private web. I understand that EVA applies a POW hash rate security model, can you tell us a little more about it? Is the consensus system efficient and secure? Does EVA’s unique dual consensus system improve security? How are transaction protections performed, in how many levels is it divided?
Layer 1 and Layer 2 protocols have been quite popular in blockchain technology and protocols have build on these blockchain infrastructure to offer crypto – solution that can focus on specific blockchain interest that improve user experience. However, I discovered that Evanesco is a Layer 0 privacy network built on Polkadot and is capable of providing multi-hop privacy solution. What do you gain by building on Layer 0 blockchain architecture and in what way can this layer strengthen private network communication? How are you able to isolate identify, encrypt asset transaction and route transaction securely in order to provide a full-stack privacy protection for users?
EVA features various decentralized private transaction pools and standard external interfaces for different tokens and non-fungible assets, and facilitates financial green expansion with excellent scalability. Can you expand the information on each of these groups a little more? How does the privacy transaction engine work? Does EVA integrate some type of transaction collection network? Detail on how many levels are these networks based?
Is @Pixma00
EVA bridges the gap between existing decentralized finance and privacy ecology by building a privacy-XV-Core DeFi platform, How EVA encourages community participants to transplant different projects or innovate models in EVA ? Is EVA a full stack private finance protocol platform? Among the benefits offered by Evanesco is the standardized framework of smart contracts? Do privacy contracts verify various lending activities on the premise of ensuring consistency of asset data?
Is @Pixma00
The traditional financial ecology is characterized by obvious high centralization, professionalization, and privacy. Since the advent of bitcoin, there has been another wide world, namely a cryptocurrency ecology with decentralization, extremely low participation threshold, and some privacy. Does EVA attach importance to earnings risk and the privacy of account transactions? How is the privacy protection provided by EVA? Does EVA allow users to share other public blockchains and private ecological mobility?
Is @PixmaOO
One of the unique attributes of Evanesco is that you are capable of offering privacy even in liquidity pools and you will have a liquidity dark pool which will be used to protect users identity and ensure privacy of LP providers. In what way can a dark pool be deployed effectively and still be able to ensure a transparent or openness in the activities of such pool? How will you be able to determine and track the respective LP assets contributed by liquidity providers in order to determine a corresponding APY and reward that should accrue to LP investors in an encrypted liquidity asset pool structure?
We know that EVA has the core components for the synthesis and decommissioning of many assets, thus delivering a complete solution of private financial derivatives to clients, are they willing to upgrade the network with other forms of asset production? And so far With what type of assets are they manipulating, do they only name them but do not say a specific one?
EVA bridges the gap between existing decentralized finance and privacy ecology by building a privacy-XV-Core DeFi network, and motivates community users to transplant different projects or innovate models in EVA, By having the opportunity to create a defi platform with XV-core privacy, what changes would this bring about benefits and advantages for both EVA and the participants?
Taking into account that they have the DEFI market as their main market, and also the NFT market, users would have many other opportunities in the project that focus, this will bring great advantages over other projects that are on par with EVA? What benefits or rewards will they obtain the users?
Nowadays, with the popularity of the Defi ecology, the decentralized consensus and the transparent and searchable features of the blockchain ledger form the basis of trust for Defi, but it also causes problems in the privacy of user assets. Especially when the access network is attacked, the content of the transaction is leaked and the privacy of the assets is threatened. What is the current role of the EVA network? Will EVA transactions also be registered on the open network like any other? Even if the transactions are transmitted over existing anonymous network protocols? What does the stability of the network depend on? Can you explain to me how this merger is to be a public and private P2P network at the same time?
EVA is committed to building the next generation of new decentralized green finance privacy platform in a fair and trustworthy manner. Is the user’s login location hidden? Is the transaction data protected by the protocol? How much is the data protected? Through which EVA allows users to share other public blockchains and private ecological mobility? By deploying Defi applications in different ecosystems, can financial service providers provide differentiated services in multiple ecosystems?
I understand that as of May 12, the Evanesco whitelist event will begin through the Mask Network. Can you detail us what are the criteria to participate in it? Will all users participating in the ITO whitelist campaign be included in the June airdrop plan? What are the Evanesco ITO whitelist rules? Why ITO?
I understand that to improve Evanesco’s service they have applied a security mechanism based on an intelligent engine transaction for privacy. Can you tell us more about it? How does this smart motor work? How does EVA protect the security of user assets? How do they improve privacy?
As a user, one of the most important points to consider is privacy, since in many occasions the transfer of valuable assets often attract the attention of malicious people who seek to damage us or harm us in any way, so I would like to know, how important is privacy for you, what are the mechanisms you use to protect us users and prevent any of our information from leaking?
Many users when using any finance application such as Evanesco, can only think of problems such as lack of liquidity, high transaction fees, reduction of the value of their assets, among other similar problems that many projects have today. So please, could you tell us, how do you avoid that these problems mentioned above happen to you, what strategies have you implemented to avoid them and also, how will you achieve that the project has the best rates, the best liquidity and one of the best growth percentages in the market?
What is the working mechanism of the Evanesco economy, can you please tell us, what are the different elements that compose it and give us a brief explanation of the role played by each of them?
Evanesco announced a strategic partnership with leading marketplace Polkadot NFT Pacific. Evanesco announced strategic cooperation with the leading Polkadot NFT marketplace Pacific. Are you looking to launch the NFT marketplace in the Polkadot ecosystem? Has development started yet? Have you thought about the main and important functions on your Marketplace, can you tell us about it?
EVA’s dual consensus system enables enhanced security, increased decentralization, lower user transaction costs. All of these properties reminding me POS based consensus. Where do yo use POW and where do you use POS consensus on EVA platform? As I understand, right now EVA is using the POW and integrating the Proof of stake. Or both system are active right now?
Why EVA has 10 minutes block times. Don’t you think 10 minutes is too long for a financial protocol? How do you overcome the transaction speed problems? As Bitcoin also have the same block time people don’t want to use Bitcoin network for transactions. And could you please explain about what is Layer 0 network infrastructure that you are combining?
Courier is responsible for the verification and private routing of the transaction, and transaction fee sharing. And as I understand, Sorter is there for POS. How do you manage the voting through the governance of the EVA? For EVA holders, is it possible to increase or decrease Courier and Sorter fee sharing? Will that mean Miners vs Stakers on the ecosystem? How do you balance it?
Evanesco runs a routing privacy, which is great, but how do you guarantee that this privacy is totally effective and there is no problem and if there is, what would be the plan to solve it?
What privacy technologies does Evanesco rely on to run such an efficient privacy network in the project and crypto space in general?
When implementing privacy to transactions, if a user wanted to see the tracking of their transaction through blockchain search engines such as BSCSCAN, then there they would have problems and could not perform this action since said transactions have privacy, right?
Many privacy and security protocols have been released but Evanesco has a special focus with “encrypted token assets and non-fungible tokens” is it required any further additional technology in order to keep this particular type of assets private? what differentiates Evanesco security system from the traditional ones?
Evanesco has done an incredible job to create an efficient trading system with a POS-based two-tier transaction … can you specify the speed and efficiency rates of your network transactions and what improvements will you make in the future? maybe adding some smart features?
Evanesco has implemented the balance hiding technology based on
Balance account by constructing scope proof, and introduced zero
knowledge proof technology into the intelligent contract system. How does this scope proof, and zero knowledge proof technology work such that transaction information cannot be decrypted due to the private transaction agreement leading to financial privacy?
EVA bridges the gap between existing decentralized finance and privacy ecology by building a privacy DeFi platform-XV-Core, and boosts community participants to transplant different projects or innovate models in EVA. How does privacy DeFi platform-XV-Core function to bridge the gap to integrate privacy to decentralized finance and boosts community participants?
Evanesco offers a list of cutting edge privacy and security features, right from start of a basic transactionary action leading all through to it’s final conclusion. As part of these security features, Evanesco has implemented the “Balance Hiding Technology” based on an account balance by constructing scope proof, and introduced “Zero Knowledge Proof Technology” into the intelligent contract system, allowing transactions between open accounts and private accounts, and transfer and audit between different accounts. Can you briefly explain how these mentioned technologies work, and to what extent and account type can they be successfully implemented?
Evanesco claims to be the next generation of Crypto privacy by offering amazing products, but can you tell us what do you mean with “Next generation”? What make you different of other privacy based projects?
I have understood that soon evanesco will be conducting a ITO, so can you tell us where can we find information about this event? What are the requirements to participate on it?
From a careful study of your whitepaper, it is stated that Evanesco will not develop it’s own cross-chain scheme, but will be compatible with and adapt to the existing cross-chain mechanism under the Polkadot ecology. Why has Evanesco decided to adopt this approach, how will Evanesco carefully implement this compatibility mechanisms on the Polkadot ecology, and how will the transaction and handling fees be administered and managed?
Thank you!
What is the GPoW consensus and how important is it for the proper functioning of Evanesco. could you also add a brief explanation of how it works?
What role does the community play in the governance of Evanesco, I would like to know if they have a vote and if so, what allows them to have this right?
in any project the security of the users must be a priority, so, how can you prove to us that Evanesco takes very seriously the security of its users, that you have implemented some protocol or mechanism that allows to protect them from any malicious action that may be lurking and that you have confirmed that such security mechanism is 100% efficient and reliable?
EVA provides privacy schemes for each step and different levels of the complete transaction process to achieve higher security of encrypted assets, based on a variety of privacy technologies: Routing Privacy, Asset Privacy, and Transaction Privacy. Can you tell us about this and give a description of each function?
According to your whitepaper, Evanesco is using a P2P model for developing the network, I saw it involves miners and verifiers, how to you reward and incentivize them? Is there any punishment for misbehaving?
There’s something on your network that called my attention and is your network fee self adjustment, on the contrary as we see in many other protocols with a governance method where lays this kind of decisions… you are using a self-adjustment algorithm, can you explain to us how does it work and how does it boost your network efficiency?
What are the system requirements for a node?
In your Tokenomics says that Evanesco has a funds destined to “CROSS CHAIN GATEWAY” and” CROSS-CHAIN COMISSION FEE”, so can you tell us how many blockchains is Evanesco planning to support?
In today’s world, safety comes first. Why Have KYC Verification?
Evanesco is based on Polkadot ecology. From a technical point of view, why did you choose Polkadot? And what is the main direction in the subsequent business development process?
What other platforms are you going to launch an IDO or IEO? Why did you choose Mask Network to start an ITO?
To be an incredible stage for it’s clients Transparency and security is significant. Would you be able to reveal to us a few insights regarding your straightforwardness and your security instrument. Have you previously finished the review of your platform?
Evanescoio depends on Polkadot, what is the justification choosing to depend on Polkadot and not Ethereum/different chains with more versatility? What benefits does Polkadot offer over tokens and NFTs inside platform?
Could you clarify layer 0 in more detail? I’ve heard layer 1 and layer 2 a great deal, yet layer 0 is to some degree new. Is there a solid benefit that EVANESCO can acquire from layer 0?
How is Evanesco Network intending to draw in clients and show that Evanesco Network is an instrument with better hidden innovation and simpler, more instinctive improvement experience?
Can you expand our knowledge about EVANESCO Roadmap this year and the future and any Updates on your R&D progress?
Currently, there are many strong developing projects, so why should we choose EVANESCO and not others? What in EVANESCO makes you more confident than other projects?
What is the current stage of development? When is the official launch and what is your plan of the future development?
As EVA continuously fabricates a fairer new ecology network of privacy finance, relying on the underlying secure privacy network, mainstream cross-chain adaptation mechanism, powerful privacy transaction engine and standardized PEX as a Service. How will your platform been able to maintain it’s standardize services towards clients and investors? How will you carried out a very secured platform that anyone will trust and assure it’s safety? How does standardize PEX works in Evanesco? Thank you
I read that Evanesco have 3 main product inside your platform, that are Two layer consensus system, Layer private Network and last is Smart privacy transaction engine. Could you please explain what are the use of each product? How do they work and how to use them?
Evanesco project is a financial protocol platform. Can you explain to me about what are you focus for now or your short term goal of Evanesco project? And also how about your long Term goal, what achievement do you want aim to reach ?
EVA will gradually establish DAO voting iteration mechanism. So can you explain more about the DAO voting iteration mechanism of Eva Network? How does it works? What are the conditions applied in voting? What will be the purpose and motivation of DAO voting iteration that will help improve the development of Eva Network? Thank you
I read from your site, Evanesco will have feature about NFT name with “Privacy NFT market”.Actually there are already so much NFT market out there for example opensea, rarible, atomichub and other. But what innovation do you bring to your NFT market? What is the meaning of “Privacy” In your NFT market?
Evanesco have create a token name with EVA token. Can you please tell us what is the main role EVA token in your ecosystem and how about your tokenomics distribution? Is there any benefit for user holding your token?