Irina Kravchuk: <\/strong>Hi everyone! <\/strong>Welcome to another great edition of our AMA series.<\/p>\n\n\n\n Serg: <\/strong>Hello! @Berzeck1<\/a>\nwill be our guest from NULS. Welcome!<\/p>\n\n\n\n Berzeck: <\/strong>Hello everyone! nice to be here with you guys! and thanks for the opportunity Serg: <\/strong>Very glad to have you here\/ Please tell us a bit yourself <\/strong>and an introduction about the project.<\/p>\n\n\n\n Berzeck: <\/strong>My\nname is Mario but everybody calls me Berzeck, i am software engineer\nwith 20 years experience, so i may be a little old for crypto but\nwith 300+ years of experience and wisdom thanks to crypto, anway i\ndesigned nulstar which is the microservices infrastructure on which\nnuls and Nerve are based on, unique in whole crypto lansdscpe that\nallowed us to build unique difficult to copycat products like\nChainFactory and ChainBox, and now i am directing the western\noperations for Nuls and Nerve (which i am founder).<\/p>\n\n\n\n Serg: <\/strong>So, you are CTO? CEO? <\/p>\n\n\n\n Berzeck: <\/strong>You\ncan call me dev… or’d’ is you feel lazy .. i am not very fond of\njob nomenclature as i tend to always respect the person, not the job<\/p>\n\n\n\n but i am like\ndirector of the west or something like that.<\/p>\n\n\n\n Serg: <\/strong>West means?Europe?<\/p>\n\n\n\n Berzeck: <\/strong>It means Every region except China. not the best word that we have chosen but it will serve for now.<\/p>\n\n\n\n Serg: <\/strong>Is the project China based then?<\/p>\n\n\n\n Berzeck: <\/strong>It was born on china, registered on singaapore but right now it is split in 2, almost autonomous organizations…but that answer to Council, which is kind of board of directors. the reason for this is because Chinese culture is very different than the west so it didnt work at first, so we split in 2<\/p>\n\n\n\n Serg: <\/strong>What is the relationship between NULS and Nerve?<\/p>\n\n\n\n Berzeck: <\/strong>Nerve\nis crosschain solution for NULS, it opens the gates to NULS for other\nblockchain projects… it is designed to complement NULS and uses\nsome NULS features, for example Nerve does not have smart contracts\nfacilities and uses NULS’s… the idea is: instead of having one\nsingle big fat bloated blokchain that tries to do everything (the\ntrend this days) we split in two slim and effcient ones designed for\nspecific goals<\/p>\n\n\n\n Serg: <\/strong>Doesn’t this complicate things for devs who want to build on NULS? I mean dealing with 2 parts<\/p>\n\n\n\n Berzeck: <\/strong>Absolutely no, on the contrary it makes everything easier because there is a module you can download called cross chain module that if you incorporate to your projects you acquire cross chain operation and functionality seamlessly<\/p>\n\n\n\n they dont need to\nknow about the specifi implementation details on how this is achieved<\/p>\n\n\n\n Irina Kravchuk: <\/strong>Why Berzeck? Where does it come from?<\/p>\n\n\n\n Berzeck: <\/strong>When i was a kid there was an Atari game called Berzerk (i think) i changed it so it still sounded cool but unique<\/strong><\/p>\n\n\n\n Serg: <\/strong>NULS and Nerve are autonomous?<\/p>\n\n\n\n Berzeck: <\/strong>They are communtiy projects, people have voting rights even to choose the Council members (gov.nuls.io<\/a> )<\/p>\n\n\n\n West is almost\nautonomous from China and we answer only to Council which is elected\nby community. For example we wanted budget for the West fro makreting\ncompany: Serg: <\/strong>Who have the right to vote? what are the requirements?<\/p>\n\n\n\n Berzeck: <\/strong>You hold NULS, thats it. With nerve will be the same.<\/p>\n\n\n\n Serg: <\/strong>Can you tell us about some partnerships?<\/p>\n\n\n\n Berzeck: <\/strong>We recently announced 8 institutions investing in nuls… Bitmart is the last on which they not only announced it will be the first exchange for USA citizens to be able to purchase NULS, they also announced they invested in NULS themselves.<\/p>\n\n\n\n Bitz\nalready announced they are cornerstone investors\nfor Nerve and we will announce more soon. We\nalso have companies and organizations building in nuls blcokchain\nlike: token network, liberty blues, vibook, aleph, and a lot more so\nwe already got to the stage on which we are a ‘nice’ project to a\nreal project that solves real problem for real companies.. and thats\na big step.<\/p>\n\n\n\n Serg: <\/strong>Yes, that is what everyone expects from blockchain projects.<\/p>\n\n\n\n Berzeck:<\/strong> Indeed once you finish a product the most difficult part is showing to companies but the first question they ask is: “who is using it successfully?” and creates a 22- catch type of situation. Irina Kravchuk: <\/strong>Can you tell how many partners\/ projects involved or using NULS technology are there at the moment?<\/p>\n\n\n\n Berzeck: <\/strong>Like 10 companies going or will be going soon through SCO program and 40+ companies that are bulding using our ChainFactory solution.<\/p>\n\n\n\n Irina Kravchuk: <\/strong>What’s a sco program?<\/p>\n\n\n\n Berzeck: <\/strong>Thats another unique product we have… so you are a NULS holder and you like one of the 10 projects registered, then you stake in the project’s nodes and you RECEIVE the projects tokens and the project receive NULS.<\/p>\n\n\n\n so you NEVER risk\nyour initial capital to support projects<\/p>\n\n\n\n unlike ICO and IEO\nand those projects feel more motivated to make progress fast because\npeople can unstake at any moment and stake on another project.<\/p>\n\n\n\n So it provides\nconstant funding to projects but not everything in one simple big\nevent, this gives a lot of confidence to investors, the more projects\nwe have listed the more investors will come which will atttract evem\nmore projects.. it will snowball from there<\/p>\n\n\n\n so we rae giving\nunique utility to out coin NULS and not just as GAS<\/p>\n\n\n\n the reason you guys\nprobably didnt heard about us its because we have the slogan “develop\nfirst , pump later!” so we developed 2 years and since march we\nare ready for people know our products.<\/p>\n\n\n\n thi mindset is completely different from: “i have an idea and good looking power point! give me money!” which is very common these days.. and will prove very good lont term.<\/strong><\/p>\n\n\n\n Serg: <\/strong>That’s a good approach \ud83d\ude42 Where did you get the funding to have those 2 years of development?<\/p>\n\n\n\n Berzeck: <\/strong>We had and angel investor in china,<\/p>\n\n\n\n also Chain Factory\nalone got us 91000+ NULS (36000+ USD ) income last months,\nconsidering the very adverse environment it is a great acheivement.<\/p>\n\n\n\n NDEX our decentralized ecxchange will have a lincesned engine that we will offer for white box solution<\/p>\n\n\n\n in general as\neverything in life the key to success is finding a good balance and\ncompromise of situtations, and the same applies to buisness<\/p>\n\n\n\n we will always offer\nnuls and nerve as opensource products free.. but products we develop\nabove them may not be free and be source of income<\/p>\n\n\n\n in other words we\nare not planing for our investors to become opensource martyrs if you\nknow what i mean \n<\/p>\n\n\n\n Serg: <\/strong>Thank you fot this interesting Introduction. Ready to move forward to the Quiz part?<\/p>\n\n\n\n Berzeck: <\/strong>Ok lets do it!<\/p>\n\n\n\n Serg: <\/strong>Please explain the rules to the community, because it is a new format for them<\/p>\n\n\n\n Berzeck: <\/strong>Here is how it will work, i make a question and you guys answer it, the first answers get a chance to earn the reward (correct answers)<\/p>\n\n\n\n after the ama i will\nchoose winers and post a few hour later<\/p>\n\n\n\n ALSO<\/p>\n\n\n\n please follow our\ntweeter accounts and telegram as a requisite to earn rewards<\/p>\n\n\n\n and FINALLY some GOOD NEWS!<\/p>\n\n\n\n WE DECIDED TO REWARD NOT ONLY WITH NULS BUT WE WILL GIVE EXTRA NVT !<\/p>\n\n\n\n NOW THE BAD NEWS:<\/p>\n\n\n\n mmm no bad news,\nlately we dont have bad news… \n<\/p>\n\n\n\n so lets begin shall we?<\/p>\n\n\n\n Serg: <\/strong>Ok, let’s do it. The stage is yours<\/p>\n\n\n\n PART\n<\/strong>2<\/strong>\n\u2013 Q<\/strong>uiz<\/strong><\/p>\n\n\n\n In this part Berzeck was behind the wheel – he asked questions and opened a chat for a few seconds so the participants could send their answers.<\/p>\n\n\n\n Q1:\n<\/strong>NERVE: Do you prefer virtual\nbanks or consensus nodes? Why?<\/em><\/strong><\/p>\n\n\n\n A: Virtual Banks \u2013 more income<\/strong><\/p>\n\n\n\n Q<\/strong>2<\/strong>:\n<\/strong>NERVE:\nwhat is NERVE\u2019s disinflation ratio ?<\/em><\/strong><\/p>\n\n\n\n A: 0.822%<\/strong><\/p>\n\n\n\n Q<\/strong>3<\/strong>:\n<\/strong>what\nis Nulstar ?<\/em><\/strong><\/p>\n\n\n\n A: The mircroservices infrastructure used in NULS\/Nerve<\/strong><\/p>\n\n\n\n Q<\/strong>4<\/strong>:\n<\/strong>NULS:\nWhat are the Max supply and current circulation?<\/em><\/strong><\/p>\n\n\n\n A: Max supply : 210M Q<\/strong>5<\/strong>:\n<\/strong>NULS\nand Nerve: Can i write modules in Java, c++ and python?<\/em><\/strong><\/p>\n\n\n\n A: YES you can wirte in any development language you want<\/strong><\/p>\n\n\n\n Q<\/strong>6<\/strong>:\n<\/strong>NERVE:\nHow many normal nodes are allowed in Nerve Network?<\/em><\/strong><\/p>\n\n\n\n A: no limit<\/strong><\/p>\n\n\n\n Q<\/strong>7<\/strong>:\n<\/strong>NULS:\nHow many Institutions that invested in NULS were announced recently?<\/em><\/strong><\/p>\n\n\n\n A: 8 institutions announced that they invested in nuls… including an exchange in the USA<\/strong><\/p>\n\n\n\n Q8: NULS: Whats the main difference between PoC (the consensus mechanism used in NULS) and DPoS<\/em><\/strong><\/p>\n\n\n\n A: PoC has and embedded mechanism to punish bad behaving nodes<\/strong><\/p>\n\n\n\n Q<\/strong>9<\/strong>:\n<\/strong>If\nyou want to build your customized blcokchain + a web wallet + an\nexplorer but you are not a developer… which tool would you use?<\/em><\/strong><\/p>\n\n\n\n A: Chain Factory<\/strong><\/p>\n\n\n\n Q<\/strong>10<\/strong>:\n<\/strong>What\nis called our own stable coin?<\/em><\/strong><\/p>\n\n\n\n A: USDI<\/strong><\/p>\n\n\n\n Serg: <\/strong>Thanks for this interesting Quiz<\/p>\n\n\n\n Irina Kravchuk: <\/strong>Yeah, it’s the first time we have the quiz in this format<\/p>\n\n\n\n Berzeck: <\/strong>Yeah thank you for allowing us, it may be weird at first but it will make sense later<\/p>\n\n\n\n (hopefully )<\/p>\n\n\n\n Serg: <\/strong>Ok, we will open the chat now. Prepare your questions. <\/p>\n\n\n\n Q1 from\nTelegram user Darth Vader<\/em><\/strong><\/p>\n\n\n\n For\ncreating smart contracts, why should any developers choose the NULS\nplatform rather than any other blockchain project?<\/strong><\/p>\n\n\n\n Berzeck: <\/strong>Smart contracts are normally a small part of a complete complex enough application (dapps) so the advanatges is that modules that integrate with nuls can be written in any language, engine is fast, we have 800 – 1000 TPS, and Nerve will have more than 2000 TPS .. \nsome more<\/p>\n\n\n\n we will focus unitl\njuly on finsihing Nerve mainnet and NDEX.. after that we will dock\nmore blockchian projects (that belong to top 10 in market cap) to\nNerve and NULS ecosystem Q<\/em><\/strong>2<\/em><\/strong>\nfrom Telegram user David Prince<\/em><\/strong><\/p>\n\n\n\n In the\ncontext of the current bear market. What are the challenges you think\nNULS will face in 2020 and next year? Could you share with us about\nNULS\u2019s plan for 2020, such as BD, partnership, development and\nmarketing?<\/strong><\/p>\n\n\n\n Berzeck: <\/strong>The alt bear market lasted more than 2 years, so instead of cursing crypto gods and crying in fetal position we just used it as opportunity to build unique platform with unique products difficult to copycat.. and now that market seems changing in sentiment we decided its time for letting people know about us. Q<\/em><\/strong>3<\/em><\/strong>\nfrom Telegram user omaha99<\/em><\/strong><\/p>\n\n\n\n Fast\ntransaction speed and high security are indispensable to NULS. How\ndoes NULS keep these factors stable at all times?<\/strong><\/p>\n\n\n\n Berzeck: <\/strong>The project has endured a thorugh internal code audit and when we stabilize features we will get third party audits, still the blcokchian has showed great resilience in these factors.<\/p>\n\n\n\n Q<\/em><\/strong>4<\/em><\/strong>\nfrom Telegram user MadamLobster<\/em><\/strong><\/p>\n\n\n\n Which\nequipment and level of technical knowledge i need to have to\nparticipate in Nerve Network Public Beta Testing?<\/strong><\/p>\n\n\n\n
I hope we have a good time learning about or products and also giving you structural reasons on why we are climbing fast on CMC.<\/p>\n\n\n\n
\nCouncil approved the application and community voted\nyes for this and here we are. Since march we hired marketing company\nbecause we finished a great portfolio of products and now its time\nfor people to know about them!<\/p>\n\n\n\n![\"\"](\"https:\/\/esatoshi.club\/wp-content\/uploads\/bitm-1024x503.jpeg\")
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gladly we already gone through that.<\/p>\n\n\n\n
Circulation: 96M +\/- <\/strong> <\/p>\n\n\n\nPart\n<\/strong>3<\/strong>\n\u2014 live questions from the Telegram community<\/strong><\/h2>\n\n\n\n
also we are capable to adapt end evolve a lot faster than any other project
we offer direct support from dev team so companies building using our products have a lot more chance of success …<\/p>\n\n\n\n
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\nDefi is just ONE type of\nindustry where blcokchain will be adopted but certainly not the only\none… if your bussiness process needs tamper resistance and double\nspending solution, then blcokchain is the right answer.. so there are\na lot more industries that we will target
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\nBUT DeFi is the\nbuzz word and Nerve is also designed to target DeFi projects **<\/p>\n\n\n\n
In other words bear market was just another day in the office for us
The next challenge is that it seems we will endure a rapid growth period (nice problem to have but still difficult to face it correctly) so we need to manage human resources very carefully<\/p>\n\n\n\n
![\"\"](\"https:\/\/esatoshi.club\/wp-content\/uploads\/testnet.jpeg\")
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