We are pleased to announce our next AMA on March 23rd, 2022 at 05:00 PM UTC Time: Satoshi Club x PKT Cash
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join PKT Cash Discord channel
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. PKT Cash Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about PKT Cash
For more details:
PKT Cash Website – pkt.cash
PKT Cash Discord – @pktcash
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
where does PKT derive value from and why would someone want to buy the PKT coin? in a lot of other decentralized internet style projects their token/coin is directly used to purchase bandwidth to use the network and burned. IIUC, with PKT it looks like the actual bandwidth trading will be done on separate tokens through TokenStrike. considering this, where do we expect demand for the underlying PKT coin itself to come from?
With multiple investment options like yield farming, staking, liquidity providers, etc. How can #PKT make the
process of investing in the DeFi protocol simpler & easier? What kind of solutions do you offer to users/investors?
Are you providing all the above mentioned option to your investors, to have opportunity of staking?
Hello, PKT Cash team.
You have a very good and society-centered company ideology. Of course, you proceed from the best intentions. But where borders disappear, there can be a very large scope for fraud in the field of finance or any other way of deceiving people. Do you think it is possible to avoid this with the ideology of an absolutely free Internet? Maybe you already have a ready-made solution that you can tell us about? How to censor information that is objectively harmful to users?
PKT uses two types of mining: ad mining, which anyone can do with a CPU-based device, and block mining, which requires robust infrastructure and networking expertise. What is ad mining and block mining? What are the advantages of ad mining and block mining? What are the fundamental differences between ad mining and block mining? Benefits of each mining?
Hello, PKT Cash team.
According to your documentation, based on your network, third-party developers and entrepreneurs can deploy their protocol and exist within your ecosystem. Tell me, is this true or did I misunderstand something? Are there already projects that are cooperating with you at the moment, or maybe they have already started? Tell us a little about their fields of activity and what advantages do they get from interacting with your system?
PKT uses PacketCrypt, the world’s first high-bandwidth proof-of-work. You can earn PKT Cash (PKT) when you connect your home or office Internet to the PKT network. Can you offer us more information about PacketCrypt? How does this bandwidth proof of work work? What are the PacketCrypt proof-of-work utilities? What kind of reward can be obtained from this proof of work?
The PKT ecosystem aims to solve the problem of Internet access monopolization by ISPs by allowing people to have “instant business” opportunities to support and scale the PKT network around the world. PKT has the following features: Mesh Networking, Monetize Your Internet, Building On Cjdns. Can you explain each of these Characteristics of the ecosystem PKT Mesh Networking, Monetize Your Internet, Building On Cjdns? How do they work? Advantages?
The PKT Network is operated entirely by the people who participate. There is no central company, no investors and no pre-mine. PKT technology lowers the barriers of entry into the world of internet service. With PKT, everyone has the economic incentive to provide internet to their neighborhood as an Edge Point, or administer technical online services as a Cloud ISP. Requirements to get internet from PKT Network? What kind of rewards does the user receive by providing internet to their neighbors? How is this process? What is Edge Point and Cloud ISP? How do they work? Advantages? and characteristics?
PKT is a fully decentralized layer 1 protocol. It is designed to transmit high-speed data around the world and enable Internet access without relying on traditional monopoly ISPs. What tools does PKT have for high-speed data transmission? Does PKT work via satellite or through fiber optics? How do these tools work? What characteristics do the tools have that allow PKT to transmit data at high speed?
Hello, PKT Cash team.
According to your documentation, the basis of your project and its success and scalability are its users, and literally. Please tell us how many validators are currently active on the network? Where are they geographically located to a greater extent? What specific markets are you currently working on expanding and what is the main idea of marketing activity, how do you attract users?
The plan is that companies that want to get started with PKT technology in these countries can bring the technology there, and the people in the PKT ecosystem will help them succeed. The PKT ecosystem is focused on collaboration, business, and creating great software to empower people. What tools does PKT offer to companies that want to bring PKT services to people? What benefits do people get from the PKT service? How through the PKT service do people end up empowering themselves? Requirements to access PKT services for both companies and individuals?
The way PKT is designed with bandwidth leases, you will be able to allocate a certain amount of bandwidth and then represent it as a token (NFT) that can be bought and sold on a market. Once someone buys that token, they will be able to request your cjdns node to set up that bandwidth so they can use it. What are broadband leases? How is the process of obtaining broadband? Requirements to access the PKT broadband?
The PKT project is focused on building a decentralized bandwidth marketplace to decouple the business and technical aspects of internet service from the physical aspect of maintaining infrastructure. The fundamental value is division of labor and lowering the barrier of entry for internet service competition.So can you tell us what technical aspect of the internet service are you aiming to decouple that will bring great benefits to us internet users?It is often said that division of labor saves time,and I notice that the division of labour is PKT value proposition.So can you please explain to us the meaning of “division of labor is the fundamental value of your project?And what are the barrier of entry for the internet service competition will PKT bring solutions to?Thanks
Monopolistic internet service providers (ISP) are overselling bandwidth, while billions of people still don’t have internet access. Hence, What roles does PKT play in Providing solutions to the Surging issues relating to consumer broadband market and oversubscription? what are the positive impacts of PKT in our Contemporary Societies?
I also saw that PKT put together the first-ever Ethical Communication Guidelines, which can help community members who are talking or writing about the project. Could you please provide us with information to which we could have access to these Ethical communication Guidelines? Is there any form if Incentives or Rewards that is Giving to Active members who are willing to Spread Important Information about your Platform to the World? Thank you
I Got to Know that PKT Pal has created a dedicated hardware solution called the PKT Cube to help anyone easily participate and get paid. I learnt The PKT Cube enables the average person to easily maximize the income from their unused internet bandwidth, without relying on their personal computer or laptop. Could you please help Elaborating on how these Cubes Works? What are its Functionalities and What sorts of Features does it has apart from maximizing unused internet Bandwidth? Could you Please Give details on how we Can Get This Wonderful Cube? Thanks
The Solid idea Behind Monetizing my Unused Internet Bandwidth seems Very Cool and Interesting, kudos to You and your Team for Thinking out of the Box in Bringing these Wonderful Platform Called PKT. Hence, I learnt that The act of connecting bandwidth to the PKT Network is called announcement mining, and that PKT mining pools pay announcement miners because, having more announcements allows the pools to mine blocks more efficiently. Hence, could you please help Explain on how we can actively Participate in these Announcement Mining Process? What are the Basic Necessities needed for Mining? Is there a guide to which we could access for all these? Thank you.
While accessing your website,I notice some of the products PKT will bring to its platform they are,WinCjdns,CjdnsPriority,CjdnsMT and CjdnsDocker.So can you briefly elaborate what this products are and how beneficial it will be to users of PKT?Since you your roadmap is written in phases it will be difficult for users to actually know when the services mentioned above will be released,so have your team finalize when all products will be launched?
PKT as a decentralized currency used PacketCrypt a complex function of bandwidth,allowing users to share their bandwidth with others make money on it.And this bandwidth come with a hard PoW that combines 2 distinct stages Announcement Mining and Block Mining.So how do both mining collectively decentralizes the transmission of data across a distributed global network?Can a user become both an Announcement Miner and Block Miner at the same time?Are there some basic requirements to become any of the miners?And do they receive incentives for becoming miners in the Announcement and Block mining section?Please explain the Proof of Work mechanism implemented in both mining system Thanks
Can you tell us about the Free Tier which you have implemented? How does it works? What kind of Services does it supports and What is Route Server in PKT? What is the function of Route Server? Can you give some details about Route Server?
What got my attention as I entered your website was your slogan “PKT Internet By The People,For the People”.So can you tell us briefly how you are living up to your Slogan PK Internet By The People For The People?For making everyone to access your project,users can start small to invest and at a low-cost.Users can trade their excess bandwidth and gain profits in return.So can you please give us a statistics of the amount of bandwidths to trade and the % profit of PKT to earn?How does purchasing PKT coin help users build a “future-proof internet infrastructure?The biggest drawback of cryptocurrency is that the market is volatile and can be hard to predict.So what will then happen to the price of PKT Cash,how do you ensure that no pump and dump occurs with PKT coin?Please explain Thanks
You say that the PKT Network is operated entirely by the people who participate. There is no central company, no investors and no pre-mine. PKT technology lowers the barriers of entry into the world of internet service. While the goals looks clear to me, please explain why you decided to get the mission done by using blockchain and crypto? What advantages does this bring to end users compared to traditional service providers? How do you plan to spread the service geographically? Thanks!
One of the products presented by PKT is its wallet. The PKT Cash wallet enables users to send and receive $PKT. Each wallet provides a public and private key that interacts directly with the PKT blockchain. What are other functions and utilities of PKT wallet? Is it available both for PCs and Mobile devices? Thanks!
Can you talk on the De-monopolizing access where you said people can become infrastructure providers without requiring any technical administrative capabilities.i was wondering how it could be possible for one to be an infrastructure provider without any technical abilities or knowledge, could you please explain more on this and how this will be possible with pkt? This got me more convinced when you said even the technical network operators have to pay this infrastructure providers in PKT cash for Access to their hardware and bandwidth for mesh networking then I remembered the full meaning of your slogan “internet by the people, for the people”. Then please what are the requirements to become an infrastructure provider? How much %fee will a technical network have to pay an infrastructure provider? In business use cases, you said it is non-discriminatory, so anyone can start a business in PKT ecosystem without permission. Could you tell us the requirements to start a business in PKT? Do we have to buy, sell or stake PTK to be eligible to start a business? And what kind of business that is not supported in the ecosystem?
On your slogan when you said “internet by the people, for the people” I was wondering what your meant until I did more research and saw that you said PKT is a community operated project. There is no company, no investors, no CEO and no pre-mine. It is supported by people just like YOU. While community operated project have been effective in establishing or expanding essential services there are also challenges that comes with it, which may include, social divisions, unequal distribution of power, societal or racial differences, age, vulnerabilities or even human mobility. How does or will PKT handle this challenge? Do you have a age bracket/limit to who can support the project? How do you work to ensure there is peace and harmony amongst supporters of the project? Meanwhile since it’s a community based project, how can I participate on the project? Are there certain requirements I must meet? Please can you tell us the requirements and the process involve to a part of the project?
PKT is now trading and can be traded OTC. We can buy, sell and stake wrapped PKT(wPKT). I noticed there is PKT and wPKT tokens, what are the use cases of the two tokens? What economic purpose do they serve in the ecosystem? What are the benefits or advantages of holding either PKT and wPKT? Where can we buy them? Talking of staking the tokens, can you tell us your staking protocols? What APY do you offer to stakers of either PKT or wPkT? What is the minimum period we can stake? Do you have staking tiers?
I would like to know and have more information about how the PKT ecosystem will achieve the goal of solving the problem of monopolization of Internet access by ISPs? How are you going to enable people to have instant business opportunities to support and scale the PKT network around the world? How and for what reason will the PKT network allow completely private and secure access to the Internet?
Packet Crypt allows communication between miners to make optimal mining strategy bandwidth-intensive. I saw that you have two types of mining which are ANNOUNCEMENT MINING and BLOCK MINING. Can you explain on the need for this two mining system and the differences between them? How does your bandwidth-hard mining strategies foster decentralized network effect, ensure low latency network, solves connectivity and encryption issues, thereby driving investment in your protocol? Also, many have criticised the Proof-of-Work system which is championed by Bitcoin due to its energy demand and environmental concerns and new blockchain solutions have develop alternatives such as PoS, PoA, DPoS, PoSA etc.. Why do you still base your operation on PoW and how do you intend to promote an environmental friendly system?
I am interested to learn more about your concept of PRIORITY PACKET. This concept allows users to design bandwidth leases and tokenise a certain amount of bandwidth as NFT which can be bought and sold on your marketplace. Can you explain how Priority system works and how tokens are designed based on declared packet priority? How does your decentralized marketplace work and how will this marketplace operate as a bandwidth marketplace with near-zero-cost token issuance and nearly frictionless exchange? How will NFT be used to represent bandwidth leases and why is it necessary for buyers of these NFTs to request a CJDNS node to configure it before they can use it?
To ensure that access to Internet are accessible and available to many people, you have proposed that every physical link should have a free lease and free tier. Can you explain more on how users can access your idle Internet resources? What does it require for users to use bandwidth for free without any form of payment? What are the various services that this Free Tier supports and how does it protect against accidental misconfiguration?
I noticed that that the PKT has several wallets to store PKT or wPKT and Specific wallets can be used to mine $PKT. These wallets are: Electrum PKT Wallet, WPKT MetaMask, Anode Mobile Wallet, Command Line PKT Wallet, PKT World Wallet and Zulu PKT Wallet. What are the unique features of each of the wallets? Which of these wallets can be used to Mine $PKT and why? I noticed that there are two stages of Mining which are Announcement Mining and Block Mining. Please explain the stages and how they’ll work on the supported mining wallet? Will you be launching more wallet for PKT in the future ?
Problems faced by most traditional monopolistic ISP’s are related to the following pillars; Availability, Speed, Cost, Type of connection and Reliability.. Since PKT is a decentralized layer-1 protocol, I would like to know how PKT will solve the problems related to the pillars listed above.. Will the cost of accessing PKT be relatively low when compared to traditional monopolistic ISP’s?.. What is the precised speed of the PKT ISP?.. Availability of ISP’s in rural areas has always been a cause for concern..Have PKT also put this into consideration?
I noticed from your website there is Network Steward system PKT which is a Multi-signature wallet which requires 3 out of 5 signatures in order to make a Payment. Can you please explain more on the Network steward system and how it works? What are the roles of the Network Steward? What are the current network Steward Project on PKT ? I also noticed that there is a network steward voting system where holders of PKT will be able to vote to impeach the network Steward and vote new Stewards. How does the network Steward voting works? What are the criteria for evaluating or voting new Network stewards ?
PKT cash is cutting edge Blockchain system that pays users for sharing their Bandwidth with th3ir network and the coin is Decentralized and based of a Proof of work called Packetcrypt. Can you share more information about sharing of Bandwidth and earning? What are some of the advantages of Sharing Bandwidth network with PKT platform aside Just earning cryptocurrency? Can you also explain on the Packetcrypt proof of work protocol and how it works? I noted that’ the Packetcrypt uses two phases, block mining and announcement. Can you elaborate on these two phases?
Focusing on the Architecture of the PKT network, the PKT network is designed to decentralize internet access around the world by enabling anyone to become an ISP. To virtualize the technical aspects of an ISP, while decentralizing the location-specific role of infrastructure operator, you introduce the concepts of the Edge Point and the Cloud ISP. can you explain more on how PKT network aims to decentralize Internet access and make anyone become an ISP? can you also explain on the concepts “Edge Point” and “Cloud ISP”? can you briefly share on the working mechanisms of the Edge Point and Cloud ISP? lastly, i noted that PKT network incentivizes people to become Cloud ISP, can you explain more on these? what are the advantages of being a cloud ISP?
Looking at the organization of the PKT “Network Steward”, I understand that 20% of every mined block goes to the Network Steward addresses and these addresses can be changed by PoS based vote. What major rules governs the payments to these Steward addresses?.. I also saw that it is possible for every PKT holder to impeach a steward and employ a new one provided that the steward isn’t fulfilling it’s role..Can you elaborate more on this voting process? How will the votes be conducted?..Under what condition(s) will the impeachment call be executed?
i understand that PKT is a native blockchain based on bitcoin code that enables you to monetize your internet. PKT Cash provides an economic incentive for people to connect bandwidth to the network. can you explain on how users can monetize their internet using PKT cash? what are the requirements for users to monetize their internet and begin to earn using PK cash? can you explain on the economic incentive which PKT cash provides and how users can connect Bandwidth to the network?
PKT intoduced a new standard of token issuance called the Token Strike, which will launch Q1 2022, can you elaborate more on new standard of token issuance called token strike? can you share on how the concept of Token Strike works? what are the advantages Token strike over the traditional method of token issuance? Thank you
The objective of The Network Steward is to reduce barriers of entry to support the PKT Network in the pursuit of increased individual autonomy and privacy. In order to achieve these goals, The Network Steward will occasionally meet to review funding proposals and choose which projects to grant PKT to. Can you give a deeper insight of this PKT funding system?..How will projects make funding proposals on PKT and what criteria must they meet up with to get their proposals accepted?
I understand that PKT is a fully decentralized layer-1 protocol designed to transmit high speed data around the world and enable internet access without relying on traditional monopolistic ISPs. What makes PKT special and unique among other Project? You mentioned that there is no central company, no investors and no pre-mine, How do you intend to generate revenue for your project ? What are your marketing strategies to attract more users to PKT platform? What are your future goals and plan for PKT network?
Taking a look at the $PKT wallet, I saw that the $PKT cash wallet allows users send and receive $PKT..Apart from $PKT, I observed another token termed $wPKT.. What is the difference between the $PKT and the $wPKT?..Are they totally different tokens.? Do they differ in price?..What are their various uses cases on the platform?..How can I currently acquire each of these tokens.?
The scalability of the PKT Network will require the development of a high-performance sub-dividable routing device. This hardware innovation will guide and support the scalability of the PKT Network. Please give more information about this routing device..what will be the various uses of the routing device on the PKT network?..Some routing devices that I know includes; Switches, Hubs, Modem, Repeater etc.. How different will the high performance sub divisible routing device of PKT be different from the above listed ones..? Currently, what advancements have you made towards the development of this device? ..Which company will be in charge of building the routing device?
I have 3 questions.
1). Tell us more about the future of virtual reality on the blockchain, its details and the most unique NFT token.
2). Tell us more about building a secure virtual reality on the blockchain.
3). The cryptocurrency market is constantly being hacked. Can your safety protect us from unforeseen circumstances and is there an action plan (protocols) for these cases?
I have 2 questions.
1). How much are you willing to sacrifice your own: precious time, effort and means to achieve the ultimate goal and what are you ready to go for this?
2). “We are responsible for those whom we have tamed”, what will you do with those who trusted you and suffered any losses (material, moral …) and with those who do not believe you? Do you have a specific opinion or special procedure for this case, both for one person and for other people?
Can PKT operate freely in any country or does it have restrictions, what is needed to install it, do you have to buy a specific router or equipment, what are the limitations it has so far and in how long do you plan to achieve its maximum reach?
Is your tokenomy really distributed in a balanced way and according to the needs and current market situation, what are the difficulties that have been presented to achieve its incorporation into the blockchain market, and how do you plan to impose yourself on the market and achieve permanence and sustainability through long term, what is your broader vision for the future?
There are many options to earn money through browsers and networks but for many it is difficult to get started in this process, my question is, what exactly is the process and elements necessary to earn money through PKT, many people without experience want to join but do not They have how to clarify their doubts and they do not specify anything, they provide some type of advice and help. What is your level of flexibility and incentive? How will you attract new investors to the market? As a crypto project, are you interested in the inclusion and adoption of new non-crypto investors or do you prefer experienced investors?
I noticed that PKT Cash will have different kind of VPN such as Anodium VPN,Paid VPN and PKT VPN so could you tell us more about those VPN in your platform? What is the different services and offers of those VPNs mentioned? As you will have PKT VPN,why you still have to launch other two VPNs such as Anodium VPN and Paid VPN? Any advantages of using those VPN compare to those existing VPN in the market? As a VPN user before and I can say that the VPN I previously used was good enough but since I already have a stable internet I did not used VPN anymore,so how would you convince me or to the those interested with VPN to use VPN especially the VPNs that you offer? Any good offer and better features? Does those VPN is available everywhere? If yes,how can anyone access or purchase it? Thank you
PKT is an open source project focused on decentralizing Internet access and helping the next billion people get online. The PKT network is growing to become the fastest global Internet Service Provider (ISP) and PKT Cash is a cryptocurrency that is minted every 60 seconds and is paid to people who prove they have bandwidth and encrypt the PKT network . What options are there to participate if you don’t have the infrastructure?
The PKT ecosystem aims to solve the problem of Internet access monopolization by ISPs by allowing people to have instant business opportunities to support and scale the PKT network around the world. So how will the PKT network allow completely private and secure access to the Internet without using a traditional ISP?
Greetings PCT. How secure will our internet data be on your platform and what is it used for? How fast can you monetize your project and how does your earnings system work and what coins can we earn at PKT Cash? It is an application that works on Android and IOS systems and also on PC? or just an extension that can be used only on a PC? Can you tell us what makes it different from other similar projects that allow us to monetize our internet? Other similar projects put obstacles at the time of making withdrawals, of our profits since they place a high price for our withdrawal and the monetization system is slow. How does PKT Cash come to improve this mechanism, and be faster and safer at the same time? and that we have no obstacles when it comes to withdrawing profits, with a high minimum withdrawal and with a low percentage of profits due to our browsing data? can explain these features and what makes it different from other similar projects.