The total reward pool was 10000 ALEPH and\nwas divided into three parts. In this AMA Recap we will try to summarize some\nof the most interesting points for you.<\/p>\n\n\n\n
\n\n\n\n
PART 1, INTRODUCTION AND COMMUNITY QUESTIONS<\/strong><\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Hello,\nSatoshi Club! We are happy to announce our AMA session with Aleph.im! welcome\nto Satoshi Club. 😀<\/p>\n\n\n\n Moshe Malawach [AlephIM]:\n<\/strong>Hello! Happy to be here!<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Welcome\nto Satoshi Club! Happy to see you here again!<\/p>\n\n\n\n Please, introduce yourself to our community and tell what’s\nnew happened to Aleph.im since August. 😀<\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>I am Jonathan Schemoul (alias Moshe Malawach) from aleph.im, I\nam here with @claudio_101<\/a> Claudio, our\nUX designer. Yup, a lot of new things happenned since then! We integrated the\nCosmos and Polkadot ecosystems, Accepting their addresses on the network. We\nhave worked on our staking and core channel nodes program, that is now going\nlive… today!<\/p>\n\n\n\n Claudio_101\n[AlephIM]:<\/strong> We have been working hard on this one! 😉<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Wow!!!\nAlready or some hours later?<\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>Mmh, I can share the url with you here as a first! To register\nnodes and stake on them https:\/\/account.aleph.im<\/a>\nYou need an account with metamask or similar to login. \ud83d\ude42<\/p>\n\n\n\n The nodes that we are speaking about are\nthese, the core channel nodes \ud83d\ude42<\/p>\n\n\n\n Q1 from Telegram user\n@batrud<\/strong><\/p>\n\n\n\n 700,000 tokens need to\nbe staked in order to create a NODE. That’s a huge amount for an average crypto\nuser. How do you plan to attract medium users as well to participate in the\nnodes? Is it possible to create pools for that?<\/em><\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>The idea is that there will be two types of nodes: the core\nchannel nodes and the resources nodes. Here we are speaking about the core\nchannel nodes. Those are the network controllers, they need to have skin in the\ngame, they will decide who gets paid or not. And as a side note, to create a\nnode, it’s 200k ALEPH. The 500k can be entrusted by the community. The resource\nnodes (coming in 2021) on the other hand will require no token collateral to\nstart.<\/p>\n\n\n\n Let me share with you a quick\ncomparison of the node types:<\/p>\n\n\n\n The network provides decentralized\ndatabase, file storage and computing, the resource nodes will be providing\nthis!<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> Which month, quarter are resource nodes\ncoming?<\/p>\n\n\n\n Moshe Malawach [AlephIM]: <\/strong>ETA is currently mid-2021. Until then the\ncore channel nodes will do that work as well. As the network is already live.<\/p>\n\n\n\n D. | Satoshi Club: <\/strong>So, core channel node always get reward, even if\nit’s goes offline?<\/p>\n\n\n\n Moshe Malawach [AlephIM]: <\/strong>No, if they go offline they don’t get\npaid. But they always receive rewards, even if they don’t provide a service at\nthis exact time. As the service they provide is the network security and not\njust hosting or computing.<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> Do you users have possibility to join\nsomething like shared nodes services? <\/p>\n\n\n\n Moshe Malawach [AlephIM]: <\/strong>Mhh they can stake on any nodes, the\nstaking needs at least 10k ALEPH. The node owner needs 200k to start the node.\nThat being said, we will support smart contracts to allow pooling.<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> That’s good news! Can you tell the amount of\nrewards which node owners will receive approximately for one month?<\/p>\n\n\n\n Moshe Malawach [AlephIM]: <\/strong>Hard to say before having enough live\nnodes, the registration just opened right now when we shared the url here. \ud83d\ude09 The\nnode owners get a share of 15k ALEPH daily, shared between all nodes that are\nactive.<\/p>\n\n\n\n Moshe Malawach [AlephIM]:<\/strong> I can share our node operators one pager\ndocument here. \ud83d\ude42<\/p>\n\n\n\n Q2 from Telegram user @alex_satang<\/strong><\/p>\n\n\n\n In your whitepaper, it is written that the current state of\napplications is written (or computed from) on a blockchain, this is\nimmutability. But what if you want instantaneous actions, batching user\nrequests for non-critical items? When you say non critical items, what do you\nmean by that? how do you classify them as such? Also, is it possible to wrongly\nclassify a critical asset as non-critical and exploit this somehow?<\/em><\/p>\n\n\n\n Moshe Malawach [AlephIM]: <\/strong>That’s a good question. Let’s take our\nstaking for example. When you go on account.aleph.im and join a node as a\nstaker, you sign a message, the message is taken into account instantly by the\nnetwork, but the value date for it is the next ethereum block it gets included\nin and if there is thousands of messages that are waiting, they all get\nincluded as a single transaction the distinction is done on the application\nside: if you decide it’s critical you take the confirmation height\/time, if not,\nthe reception time that could be a bit before. I don’t think that there is that\nmuch of a risk, beside on virtual machine, but those will use a chain as a\nsingle source of truth (for ordering).<\/p>\n\n\n\n D. | Satoshi Club: <\/strong>And by the way, by now only ethereum users can\ntake part in staking? if im not mistaken you working on cross-chain solutions?<\/p>\n\n\n\n Moshe Malawach [AlephIM]: <\/strong>There is a bunch, my-beta.aleph.im that\nis our personal storage dapp, blogtest.aleph.im that is the blogging dapp beta,\nstarname.me that allows to receive cryptocurrencies with a simple name (it’s a\npartner), and a lot of others.<\/p>\n\n\n\n Claudio_101 [AlephIM]:<\/strong> We have the node and staking dapp. The\nstorage dapp in beta. The note taking dapp in beta. A blog dapp in beta.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Starname, everyone can join?<\/p>\n\n\n\n Moshe Malawach [AlephIM]: <\/strong>Yup! using a ledger nano with their app\non it you can use https:\/\/app.starname.me\/<\/a>,\nthe user profile is stored on the aleph.im network, (name, description,\npicture…)<\/p>\n\n\n\n Q3 from Telegram user @madkaren<\/strong><\/p>\n\n\n\n One of your use cases is related to Social Networks, Blogging\nPlatforms, Chat Apps and Media Sharing App. This is especially interesting\ngiven the interest of big players like Facebook in this field. How are you\ngoing to implement your solutions for social media?<\/em><\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>Using channels: the network is split into channels, each one\nwith its own set of files and database entries. This way it’s fully scalable:\nnot everyone stores everything, and the core channel coordinates everything.\nBasically all the social network data is stored on the aleph.im network as\ndatabase entries and files, and retrieved from nodes that have the data.<\/p>\n\n\n\n This way we can achieve huge amount of data stored for each\ndApp. Also, our decentralized identity solution developed with synaps and\nledger gives a single identity source (to have decentralized blue check marks,\nlike the ones on twitter), and avoid spam.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>How\ni, a single person, can use it? Or it’s using by platforms?<\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>The network itself by developers, but you as a person can use\nthe dApps built on the network. \ud83d\ude42<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>What\nnew developers currently preparing for users?<\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>There is Orion protocol that works on a trading terminal,\nBCDiploma on a diploma verification platform, Serum that is a dex, Jarvis\nmargineum for margin trading which is made trustless by aleph.im, and many\nothers. Those aren’t directly on the social network side, but for trading we\nare working on trader profiles with verifiable trade records.<\/p>\n\n\n\n Q4 from Telegram user\n@surdumiha<\/strong><\/p>\n\n\n\n I’m very interested in\nyour serverless file storage. What are the requirements for the people to be\npart of this (i mean to contribute with their storage and get rewards)?<\/em><\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>Those are the resource nodes, between 1-8TB of hard drive, and\n32gm of ram at start, but it might be lowered between now and the actual\nresource nodes launch. As we have a few corporate clients who need to store on\ncompany computers (like all the company personal computer become the company\ncloud) or on small devices on-site (your printers become your cloud). So we\nwill need to have “light” storage servers.<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong>\nThese nodes are not live yet, right?<\/p>\n\n\n\n Moshe Malawach [AlephIM]:\n<\/strong>Yup, not live yet. That being said, you can start a node right now, as the\nnetwork is permissionless for that part, but you won’t get paid yet. The only\nnodes that are getting paid are the core channel nodes for now (until official\nlaunch).<\/p>\n\n\n\n Q5 from Telegram user\n@nasharussia1<\/strong><\/p>\n\n\n\n There are very few\nentries in your explorer. Can you explain why is that so? Usually even not very\npopular projects tend to have a lot of activity and transactions.<\/em><\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>Uhhhh, 12.5M entries there \ud83d\ude09 Even if we are a bit prunning the\nhistory right now when going on ethereum mainnet as a sync source for the new\ncore channel nodes, the archival nodes (including the explorer) continue to\nhold these 12.5M messages. So there is plenty of entries!<\/p>\n\n\n\n But if you are\nspeaking about ethereum erc-20 explorer, we did a token swap not that long ago,\nso the history is split between two erc-20 contracts.<\/em><\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Why\ndid you need token swap?<\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>Following the kucoin hack, to return the token the hacker took\nso the users didn’t lose their funds, we were able to do it back then, we won’t\nbe able so easily now since the network gets decentralized with the core\nchannel nodes. Such move will be made much much harder.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Oh,\ni thought about this. Was it hard decision? I know that some projects rejected\nswaps.<\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>Yeah, really didn’t do it happily. We didn’t have the choice and\nit was the only option. We had to act fast, and we did. \ud83d\ude42<\/p>\n\n\n\n Claudio_101 [AlephIM]:\n<\/strong>We got lots of credit for it from our community for this. We have a great\ncommunity!<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Sure,\ni understand, 50\/50, that situation wasn’t good.<\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>It has been hard due to the AMM pools as well. So we had to take\nit into account. For people on uniswap and balancer that weren’t able to remove\nliquidity on time, we gave them more ALEPH tokens.<\/p>\n\n\n\n Q6 from Telegram user\n@peachespecos<\/strong><\/p>\n\n\n\n Looking on your\nroadmap, there is a dapp called Personal storage. Can you tell me if this dapp\nis running, and if yes how is the data\/ information protected? Is it safe to\nuse, and I’m thinking if there is not a high risk of losing the data?<\/em><\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>It’s my-beta.aleph.im, live now. Data is hosted by the network\nthat ensures it’s always live and stored on multiple places.<\/p>\n\n\n\n As for security of your private data, it’s encrypted\nend-to-end for your own private key using state of the art encryption (ECIES).<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>How\ncan we use this dapp?<\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>It’s pretty simple, go on the top right button, create an\naccount, and you’re in! Then you can store files and notes instantly.<\/p>\n\n\n\n PART 2, TELEGRAM COMMUNITY LIVE\nQUESTIONS<\/strong><\/p>\n\n\n\n The\nchat was open for 80 seconds; a lot of questions were posted by Satoshi Club\ncommunity. Our guests chose some of them. <\/p>\n\n\n\n Q1 from Telegram User @BERTA2020<\/strong><\/p>\n\n\n\n How relevant is ALEPH IM to\nDeFi? How necessary is it and what role\ndo you use?<\/em><\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>Most DeFI protocols have centralized parts, on their frontend at\nleast, with database servers… We offer to fully decentralize it. With\ncomputing for matching engines for example, with decentralized database for\nprice feeds, orderbooks… And decentralized file storage for all the statics\nand website storage. We decentralize the last mile of DeFI.<\/em><\/p>\n\n\n\n Q2 from Telegram User @K2ice<\/strong><\/p>\n\n\n\n How can I a create a node and what\nare the benefits I can get from creating a node?<\/em><\/p>\n\n\n\n Adrien: <\/strong>You can create a node by following\nthe tutorial we just published moments ago. Essentially this is the first step\nto become a node operator. You will then validate the network, provide database\n(including file storage) services and be rewarded for it.<\/p>\n\n\n\n p.s. thats\nthe tutorial: https:\/\/medium.com\/aleph-im\/aleph-im-node-registration-guide-ea2badb84e75<\/a>\n<\/p>\n\n\n\n Q3 from Telegram User @tuvalunia<\/strong><\/p>\n\n\n\n In your staking\nservice, when can I unstake, and is there any fees for unstaking as a penalty?<\/em><\/p>\n\n\n\n Claudio_101 [AlephIM]: <\/strong>No, you can easily stake and unstake.\nNo penalties. 😉<\/strong><\/p>\n\n\n\n Q4 from Telegram User @Arisabela<\/strong><\/p>\n\n\n\n Part of Aleph services\nis the Cloud Storage for personal or professional use. Is there a limit\nestablished of data to save per user?<\/em><\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>It depends on your token count. In the first part of token\nutility it’s based on the amount of tokens you hold. The good part with it, is\nthat as a user if you stake to secure the network you can also get a slowly\ngrowing storage allowance. In the second part of token utility, it will get\nconsumed slowly as you use it (X$ equivalent\/gb\/minute).<\/p>\n\n\n\n Q5 from Telegram User @csgonub<\/strong><\/p>\n\n\n\n Investing to a project\nneeds great security of project and gaining user trust. Do you have any roadmap\nor plans to achive them?<\/em><\/p>\n\n\n\n Claudio_101 [AlephIM]: <\/strong>https:\/\/aleph.im\/#\/roadmap<\/a><\/p>\n\n\n\n Q6 from Telegram User @Pratze<\/strong><\/p>\n\n\n\n I just curious why\nAleph.im not doing presale \/ ICO? Can u please tell us the reason? So the only\nway to get your token by staking?<\/em><\/p>\n\n\n\n Moshe Malawach\n[AlephIM]:<\/strong> It was by staking back then in our NULS nodes, or be in an\nairdrop (we did one to holders of the dead project pikciochain back then). Now\nyes, you can buy ALEPH tokens and stake them or operate a node or provide\nliquidity to get more ALEPH. Another way once we have the resource nodes will be\nto operate one, no need to hold ALEPH before and you will get tokens.<\/p>\n\n\n\n Nice part about this is that you can provide storage for\nyour own use and also get more storage from the cloud as a backup doing it.<\/p>\n\n\n\n Q7 from Telegram User @sj13sj<\/strong><\/p>\n\n\n\n \u201cNode Forge\u201d seems to\nbe the go-to place for setting up a node for people like me (non-technical\ncrypto enthusiasts). Could you please explain how this collaboration came about\nand why they are trustworthy?<\/em><\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>They have been providing node operation service for a few\nprojects, and notably on NULS, in which community I personnaly was (as well as\nother team members). This is how we met them. They have always been trustworthy\nand provided a consistent and good service throughout the years.<\/p>\n\n\n\n Q8 from Telegram User @shair29<\/strong><\/p>\n\n\n\n How to buy NEP5-ALEPH\ntokens? because NeoChain always my favorite and less gas fee.<\/em><\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>NEP5 ALEPH isn’t currently traded anywhere.<\/p>\n\n\n\n Q9 from Telegram User @BERTA2020<\/strong><\/p>\n\n\n\n Can you explain to me\nhow the architecture of ALEPH is formed and how important is what this\narchitecture is?<\/em><\/p>\n\n\n\n Claudio_101 [AlephIM]: <\/strong>The problem is that a lot of\nblockchain projects still have centralized part to their network. Parts like\nstorage, databases and computing. So we could be of help there. Instead for\nprojects to build it themself and loose time and resources we took that job\nupon us and make it blockchain agnositc. This way if they use our service they\ncan say they really are fully decentralized.<\/p>\n\n\n\n Q10 from Telegram User @BERTA2020<\/strong><\/p>\n\n\n\n Can you explain to me\nhow the architecture of ALEPH is formed and how important is what this\narchitecture is?<\/em><\/p>\n\n\n\n Adrien: <\/strong>I assume\nyou mean tech architecture. So here you go for the full stack illustration. We\nhave a layered architecture, with blockchains at the bottom and the aleph\nnetwork (made of aleph nodes) above. Nodes store data and blockchain allow\ninteractions on our network, in other words: you can only access\/use our\nnetwork through ethereum, polkadot, cosmos or other supported chains. The rest\nis quite similar to other projects with the SDK above followed by the DApps\nlayer.<\/p>\n\n\n\n Q11 from Telegram User @Mamitabella<\/strong><\/p>\n\n\n\n What is the Node\nregistration for, is this to become a validator or is this requirement\nnecessary to start the staking process?<\/em><\/p>\n\n\n\n Claudio_101 [AlephIM]:<\/strong>\nThis is for becoming a validator, node operators as we call them. 😉<\/p>\n\n\n\n Q12 from Telegram User @azrayeni<\/strong><\/p>\n\n\n\n Which wallet\napplications is your project compatible to use for?<\/em><\/p>\n\n\n\n Moshe Malawach\n[AlephIM]:<\/strong>All wallets of all\ncompatible chains (Ethereum, NULS, Polkadot\/Substrate based, Cosmos\/Cosmos-SDK\nbased). Integration is on the dApp side.<\/p>\n\n\n\n Q13 from Telegram User @A5loveZ3<\/strong><\/p>\n\n\n\n Due to always crazy\nEtherum gas fee are you planning to move ALEPH ERC20 to Binance Smart Chain?\nBecause BSC have very low Transaction fee.<\/em><\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>Move, no, but support BSC as well, definitely, yes. Actually the\nnetwork already supports BSC dApps messages.<\/strong><\/p>\n\n\n\n Q14 from Telegram User @leixagarcia<\/strong><\/p>\n\n\n\n Initially the supply\nof $ALEPH token was going to be 1,000,000,000 but it was cut in half. What was\nthe reason for this?<\/em><\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>We didn’t do an ICO or a private sale. We felt like the current\npart of the circulating supply should be bigger, as well as the parts due to\nthe community (the incentives pool). So we decided to reduce the total supply\nby lowering all the pools beside the incentives one, and leaving the current\ncirculating intact.<\/p>\n\n\n\n Q15 from Telegram User @tuvalunia<\/strong><\/p>\n\n\n\n In your staking\nservice, when can I unstake, and is there any fees for unstaking as a penalty?<\/em><\/p>\n\n\n\n Moshe Malawach\n[AlephIM]: <\/strong>No, no fees at all. Actually your ALEPH never leave your wallet,\nwe couldn’t impose fees if we wanted. \ud83d\ude42<\/p>\n\n\n\n Q15 from Telegram User @curiosoAMA<\/strong><\/p>\n\n\n\n Until 2020 there is\nnot a single project that does not mention the famous NFT… Does Aleph intend\nto create his own in the future?<\/em><\/p>\n\n\n\n Adrien:<\/strong> Actually\nwe will NFTs in the future for staking. But more importantly we know that NFTs\nstruggle in finding reliable decentralized solutions to store their metadata\n(i.e. images for a NFT card game) and we provide exactly that: a decentralized\ndatabase and file storage service ready to host media of any size. So we expect\nNFT projects to use aleph.im a lot.<\/p>\n\n\n\n Q16 from Telegram User @frankvic<\/strong><\/p>\n\n\n\n As an investor in the world of\nBlockchains, I would like to know what makes your project different from the\nrest that already exists. What makes them safer and more efficient?<\/em><\/p>\n\n\n\n Adrien:<\/strong> Aleph.im is not a blockchain. It is\na peer-to-peer network with a built-in incentivization mechanism. Its custom\nnetwork is built on top of technologies such as GossipSub and uses underlying\nchain consensus. Hence featuring no \u201cdirect\u201d transaction fees on its network\nand low latency transactions (50\u2013100ms). Our topology is unlike any other\nproject and we are the only decentralized cloud project already supporting so\nmany chains 🙌<\/p>\n\n\n\n Q17 from Telegram User @rogerass<\/strong><\/p>\n\n\n\n How can Aleph team\nmake this a long-term project and realize all the visions and missions that\nhave been made?<\/em><\/p>\n\n\n\n Claudio_101 [AlephIM]:\n<\/strong>We\u2019re already working 2 years on this project and we are planning to do\nmany more. We still have so much to do: Did (digital identity), resource nodes,\ngoing from an mvp storage dapp to full featured storage dapp. These are all\nservices that will be made available for purchase in the future. So this is one\nside of the revenue stream we will create.<\/p>\n\n\n\n PART 3, QUIZ AND INFO<\/strong><\/p>\n\n\n\n As usual, for the third part, Satoshi Club Team asked the chat 4 questions about Aleph.im. A link to a Quiz form was sent into the chat. Participants had 10 minutes to answer. 7000 ALEPH were distributed between the winners. <\/p>\n\n\n\n For more information and future AMAs, join our Social Media\nchannels: <\/strong><\/p>\n\n\n\n English Telegram\ngroup: https:\/\/t.me\/Satoshi_club<\/a>\n<\/p>\n\n\n\n Russian Telegram\ngroup: https:\/\/t.me\/satoshi_club_ru<\/a>\n<\/p>\n\n\n\n Spanish Telegram\ngroup: https:\/\/t.me\/satoshi_club_spanish<\/a>\n<\/p>\n\n\n\n Telegram Channel:\nhttps:\/\/t.me\/satoshi_club_channel<\/a>\n<\/p>\n\n\n\n Website: ![\"\"](\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2020-12-24_03-51-10.jpg\")
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