We are pleased to announce our next AMA on September 25th 2021 at 11:00 AM UTC Time: Satoshi Club x Transient
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Transient Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Transient Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Transient
For more details:
Transient Website – transientnetwork.io
Transient Telegram – @transientnetwork
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Recently, Transient announced it has taken another step towards its highly anticipated main-net launch by partnering with Omniscia — leaders in Smart Contract security.
With this patnership, Omniscia will provide a range of audit services for Transient, kicking off with Smart Contracts for TSC-Core: another vital step in releasing the first dApp into the community. Many will wonder why you did not partner with popular security companies like certik. This entails that your partnership with Omniscia is a strategic one. What is the reason behind choosing Omniscia as your first partner in this regard? Are there plans to partner with other security platforms?
TSC-Pooling is one of Transient’s DApps that allows users to predict the value of a cryptocurrency at a given time. Participants can guess any ERC-20 tokens that the creator of the pool desires. Given that Transient will manifest interoperability features, will you add more tokens, coming from the blockchains that your network will support, to be featured and predicted into the TSC-Pooling? Aside from ERC-20 tokens, do plan to increase the token choices of the prediction pool?
I saw a tweet regarding your project’s future plans and it says that Transient plans to integrate the HECO chain in the future. Can you confirm that this is true? Does your roadmap includes HECO chain integration? Can you share us more details about this plan? Have you already started working and keeping in touch with the Houbi team about this initiative?
Transient will be featuring its unique and seamless “Zero-Touch Automated Smart Contracts” product for its users. Can you explain to us what does “zero-touch” means? How is it different from the traditional smart contracts we see from various crypto projects? Are there significant advantages we will see from this product?
You created an ecosystem built from the ground up to facilitate and increase blockchain adoption across every sphere of industry and life. Looking into alot of ecosystem in cryptocurrency which are plagued by their network’s inability to scale to meet demand without incurring high transaction fees as well as slow execution of transactions, What is your concern about this in your project? How will you make it affordable for the community? Some ecosystem decided not to allow projects to integrate their system which is not helpful at all, I want to know if it will be available for new projects to integrate.
How do you plan to spread awareness about your project in different countries where English is not good? Do you plan to develop many different communities such as Vietnam, Indonesia, Korea, … about your project so that they can easily communicate and understand your project?
Can you please enlighten us with atleast 2-3 outstanding features of your project that keeps it ahead of other projects in long run ?
What is your strategy for building a strong community? Do you agree that the power of the community will lead your project to develop globally? What services do you provide to the community?
The lexical meaning of the word “transient” is “impermanent”. The aim of your project is related to facilitating and increasing blockchain adoption. I cannot understand why this aim is impermanent. What is the connection between your name and the core concept of the project? Further, what is the idea represented by your logo? What do you symbolize by the cloud/wave like image you use in addition to the logo? I noticed that you have used white and light blue as official colours on your website, twitter page and medium. Is their a special reason for that? Does it indicate any abstract idea?
It caught my attention that you have sought continuous real-world feedback to inspect and adapt the product accordingly. To give our feedbacks on your ptoject, do we need to hold $TSCT? In other words, can intervening to the development of the project be considered one of the utilities of your token? Conversely, is this option available for the whole crypto community? How can we contact you and share our views? Is there a specific person or a group to discuss with the community? Please let us know about some features you have rectified or introduced according to the feedbacks you received up to now.
When usually talking about Sports (Esports in Transient case) we often mean betting. I know it is also planned to be included in TSC E-Sports app becoming a creation of P2P market. For security reasons, shouldn’t it be controlled by Transient? In order to protect customers rights sometimes there’s a need to play as referee or implement some security features to be used as referee?
You have recently announced your IDO on GPool. Is there a special reason to choose that platform? In your Medium article, under the topic “Details of the IDO”, you have said that your total supply is 291,591,552 $TSCT and the price per token is 0.04$. However, your target raise has been indicated as $1.2 M. If you supplying 291,591,552 $TSCT for 0.04$ per token, the target raise from the IDO should be more than $11 M. Can you please explain the reason for this mismatch? Actually, what is your expected target for the IDO? Further, when and where do you announce more details and rules on the participation of the IDO? Can anyone purchase your tokens in this event? Are there any prerequisites?
Transient ecosystem will possess seamless integration which will serve as a key conduit between on-chain, off-chain and multi-chain transaction. Comparing some projects on ETH and BSC ecosystem it was discovered that project on ETH blockchain are solid and stable than BSC’s due to some undisclosed factors. How will transient give the best of its kind for new projects to integrate? How will it serve as help in terms of integration without resulting in any discernable errors or complications?
Hello Transient
Esports have so much potential, however,the number of professional players is low.Amateurs will only want to become professionals if they see a viable revenue stream, however,the not too transparent management of esports prizes doesn’t help this. So how will Smart contracts and Transient make a difference in this regard?The lack of a robust uniform portal makes participation and investment in esports difficult.How will utilizing smart contracts in an Esports app resolve such issue?And since Smart Contracts are open source,how secure will it be so that no one can tamper with it when deployed on an Esports dApp?
Hello Transient
In your article you stated that Esports are plagued by match-fixing where team managers exercise a lot of power,and they force players to throw matches helping the team managers to manipulate betting odds,but with Transient players are allowed to be in control while leveraging Smart Contracts.So how can Transient and Smart contracts, when used in an esports app help reduce the risk of match-fixing and gives back control to team members?How can players use smart contract to manage the prize pool? Thanks
Hello Transient
Your third dApp TSC-NDA(Non Disclosure Agreement)will be use in creating a home for anything and everything that has to do with working with a partners or clients comfortably with the aid of your legal advisor.My question is,In what instance do you think one will need TSC-NDA?There are numerous instance in which a partner and client may not want to diclose some confidential information with another party,so what will your legal advisor do in this regard and how will using your TSC-NDA address that concern?
“Create Smart Contracts without coding”, can you explain the advantages of creating smart contracts without coding, what is the difference between creating smart contracts without coding and other smart contract creation technologies?, and can you explain the features/technology that makes Transient stand out from its competitors?
“An ecosystem built from the ground up”, can you explain what this word means? Can you explain more about Transient Network using your technology? can you explain short term and long term plan of Transient Network?
whether the solution offered by Transient Network can overcome the problems in the current blockchain? Can you briefly explain the use of blockchain technology in Transient that makes it superior?
Transient ecosystem actually find a way to break down the barrier to adoption and create accessibility for all, regardless sole trader, and project running an NFT marketplace or a commercial enterprise. You plan to make this happen by focusing on six core pillars which are not stated or explained on your website, Can you briefly give us the details of the six core pillars? How will make your ecosystem quicker and more cost-efficient for users to move their funds and interact with smart contracts? Are you going to have your wallet or you will be compatible with popular crypto wallets, such as Trust Wallet and MetaMask?
We are in the world where community need ecosystem that can handle transactions per second without increasing the size of the nodes in the network. If I may ask, What is the status of nodes in your system? If there is a need for increasing the size of nodes in your project, How powerful is your system in order to carry out this operation? How often will you be upgrading your system to improve security against coordinated attacks? And if your project encourage more people to become a validator, How will it increase your network’s decentralization and decreasing the attack surface area?
Hello, I am very curious because they identify it as The Amazon of smart contracts, do you consider that the blockchain will be adopted by all the productive and daily sectors of the real world, which may be the most effective way to break the barrier to adoption and creating accessibility for all, regardless of the scope and commercial level of the participant, can you tell us about the six central pillars to break down these barriers between accessibility and the adoption of the protocol?
What is your main product really and what has been its impact in the real world or vice versa how the real world has contributed to the creation of Transient, how many individual dApps integrate the Transient platform, many smart contracts have been violated and manipulated as we can trust and be really sure that their security protocols are effective and have a wide security scope?
Tell us about the TSC-Core and why this is where everything about Transient begins, its platform is really an on-chain, off-chain and multi-chain conduit, what is the difference between TSC-Core and each of the dApp, which are they? TSC-Pooling functions and when it will be launched, is one of your plans to be a multi-chain platform, when do you estimate we will be able to buy your tokens and in which exchange is it incorporated?
some investors will look for short term profits. They will sell the tokens as soon as they are listed on the exchange. Does the project have a plan to prevent investors from selling tokens early? Do they benefit from holding $TSC tokens?
we know in the crypto world anything can happen I want to ask if you are ready to face something that might be unexpected in your project in the sense that it doesn’t go according to the plan you made? do you have a backup plan for it?
we know that gradually this project will continue to grow with various kinds of people from other parts of the world who may can’t speak English do you have the intention to create a community forum according to their respective countries of origin?
On your website, I saw you’ve only listed Omniscia and GPool as your partnerships. An audit protocol, and a launchpad respectively. Would you explain how having both of these protocols as your partners helped develop your platform? What are their specific roles? And how do users benefit from them?
One of your main features is your “Code-Free Smart Contracts”, which would allow mass adoption of blockchain, without the extensive technical work needed to develop platforms. Would you elaborate on the specific functions of this feature? How can a smart contract be code-free, and how does it fit the different, specific needs each user may have? Wouldn’t a code-free contract be vulnerable to cyber-attacks? Please explain.
You’ve said that the foundation product of Transient has already been built and that you’ve already completed your Dapp. However, I couldn’t find further information on any topic. Would you kindly tell us what’s the purpose and use of your foundation product, and how can we, as investors, make use of it? About your Dapp, is it already available to download? Will it be available on mobile and pc? What are a few things users can do with it?
Smart contracts remains out of reach for many, because to create them, one needs to be experienced with coding and highly tech-savvy. Impressively Transient Network is a blockchain project that aims to revolutionize smart contracts and make them available to everyone, so they can now be created and used without any knowledge of coding. Recently more and more security holes are appearing in smart contract platforms, and some are fundamental to the way they were built. How is Transient Network structured to strike a balance and ensure that those with little or no knowledge of coding can deploy Smart contract that are not vulnerable to hacking due to poor coding? Can you explain the features/framework of your platform that makes it possible to create smart contact without and any dev tools? How easy will it be to deploy Smart contract through your platform?
Transient already has two of its dApps on testnet and will soon release them on mainnet. The first one is the TSC-Core and it focuses on use cases related to standard Smart Contract creation and management. In what ways will TAC-Core add value to the community? The other one, TSC-Pooling, gives users the ability to create their own pools for crypto-price predictions and share in the winnings, with creators being rewarded for their contributions. What are the requirements for users to create their own pool in TSC-Pooling dApp? How does the crypto-price prediction work and how is the prize shared or allocated? How is the pool creator rewarded for his contributions?
Transient Network acts as a conduit between on-chain, off-chain, and even cross-chain transactions, thanks to its unique capabilities, which allow it to become a bridge between traditional and emerging technologies. What kind of on-chain, off-chain products will Transient Network Link together? What are Transient Network unique capabilities that makes it act as a bridge between traditional and emerging technologies? Which examples of traditional and emerging technologies does this feature bridge and how important is this bridging?
It is stated that Transient can be easily and readily deployed to manage all aspects of e-sports and online gaming, and this process is self done by any user. In simple terms, Transient will make game enthusiasts become game developers. Thinking about this is pretty exciting, especially for someone with little or no coding experience. Can you kindly elaborate on the technicalities with this, how does your smart contract enable an easy and seemless gaming development and management by “the average Joe”, what are the processes to this, and since the smart contract will allow users to freely explore with their gaming integration and iterations, what is the limit to such development?
Hi Transient, my question is: how do you plan to break through the adoption barrier and create accessibility for all? What is the strategy that you will use to break that barrier, what is the main approach to achieve it? What are the opportunities for an individual trader managing an NFT market? explain these points to us. You say they are the Amazon of smart contracts, but how secure are their contracts, which security system are they using to make their smart contracts more secure? you can give us more details of these functions. Thanks
Couple of weeks back, Transient announced it’s second dApp known as TSC-Pooling. This new dApp as stated, is built to facilitate peer-to-peer price prediction pools, for several cryptocurrencies. As this comes out as another innovative financial tool, can you kindly explain in details, it’s overall functions and applications, how can it be easily integrated within a user’s transactionary activities, and since it would support mostly ERC-20 tokens, what would be the general setup of these pools, how easily will it accommodate tokens of other chains and what are the underlining fees therein?
You place your focus on standard Smart Contract creation and management with 5 key functions: Deposit ETH; Deposit ERC-20; Transfer ETH; Transfer ERC-20; and Digital Signature. Why have you make Ethereum only your main focus for smart contract? Can you share with us more about the details of the contract? How will it provide security while transaction and reduce surplus transaction costs? It was announced @gpoolofficial that there will be an AMA with your project very soon, till now no information and details has been stated, How can the community participate in accordance with the rules? You also said if there is any Japanese AMAs that does translation should let you know, How can someone reach out to you for this to state their recommendations?
I see that Transient is creating a new decentralized ecosystem from scratch. I would like to know for being an innovative decentralized ecosystem, can it facilitate and increase the adoption of blockchain in the industry? What would create this ecosystem? There are different kinds of smart contracts within the project, can the contracts be self-executing? Does being self-executing mean that you are eliminating human intervention and the need to understand complex programming languages? You can give us more details about these functions.
Hello, Transient looking at your site I noticed that they work since 2006 and that they have a lot of experience, but I saw that there are no members of their team, because they are anonymous. Seeing that your work team is anonymous, that there is no information about them, being an anonymous team does it not generate mistrust in some users? Can you give us more details about the team behind your project, how many are they and where are they from? How important is user communities globally for your project?
You planned to execute a roadmap comprising TSC-Pooling;TSC-eSports; and TSC-NDA as your first three dApp you planned to create, I want know What will be the focus of first dApp in your marketplace? To what extent will users have controll over their pools for crypto-price predictions?
Transient Network TSC-Pooling is your second dApp created to facilitate p2p price prediction pools, for various crypto currencies primarily ERC-20 tokens which allows users to create a ‘betting pool’ using your self executing contracts.
So,in this instance can you explain to us how could we create a betting pool’ using your self executing contracts? Can you explain more about the self executing contracts that your platform implemented in your platform? How does it works? As we create a betting pool,what will be its used and how can we manage it through Transient Network? Thank you
Recently Transient has announced a strategic partnership with Genesis Pool & you hope to raise $1.2 million through the IDO which is to be held on GPool Launchpad. Can you give a brief description about this partnership & the upcoming IDO with GPool? Will this IDO give the priority to the retail investors to be the seed investors of Transient platform? What kind of Benefits, Will both of platforms seek through this collaboration?
I found out in your medium article that Transient will launch an Online Gambling like Poker and Instant Payout and you also plan to launch an Insurance with policy management and instant claims. So,can you give some advance details about the Online gambling that you will soon launch in your platform? How it will works and what will be its great features?As you add Online gambling as your feature,do you intend to get license to operate legally online gambling? You also plan to launch
an Insurance with policy management and instant claims,so can you share some information about your Insurance policy? How it will be implemented and what are the instances covered for this insurance? What 3rd party company you will collaborate to help you realize the insurance offers of Transient Network? Thank you
One of Transient platform’s special feature is Code free smart contract & no need of Dev tools any more to create smart contract due to this feature. But the issue of Code free smart contract is vulnerable to attack since they are built with unspecific programs. Could you tell us more details about the Code free smart contract? Is it better than Manual smart contract/Code smart contract? How about the security condition of Code free Smart Contract? How will you assure that there will not be any bugs after creating smart contract by using the Code free smart contract feature?
I tried to figure out of Transient project team but There are no relevant informations about you & your team members. Why is that? From where do you operate the Transient project? Do you like to operate as an anonymous team? Will you never reveal yourselves to the Transient community? With being as a anonymised team, How will you liquidate transparency in to the Transient ecosystem?
Transient focuses on six core pillars to break down barriers – giving the world accessibility to Smart Contracts for anyone, anywhere, anytime. So what are these 6 core pillars and what barriers is Transient trying to overcome with them? Can you characterize these core pillars and what is their main essence?
Nowadays NFTs are more popular since they have real world benifits. I want to know, Do you have an idea to release own your NFTs & NFT marketplace such as Opensea? If yes Please give us your future plans of that?
As I understand it, Transient has 2 products: TSC-Core and TSC-Pooling? Who are these applications focused on, what purpose are they created for, what functions do they have, and what is their difference between them? Are they already tested and can they be used to their full extent? How can I access them and is there any overview on how to use all the features of these apps?
Transient spread their Smart contract services towards the E-Sport industry also. You stated that E- Sports community and any person without a knowledge of Smart Contracts will be able to create own their smart contract through the Transient project. So how will the pieces of code execute terms or conditions based on an agreement which is subsequently stored on the blockchain automatically? In which way do you think to enhance the E-Sport industry with the Amazon Smart Contract in Transient Project?
What methods and programs do you plan to implement to attract more users, to increase the Transient community and spread the word about your project? Can you tell us about the marketing and advertising campaigns planned for these purposes? What social networks and incentive programs for the community (referral program, loyalty program, ambassador program) will be used and some famous people will take part in this?