{"id":9477,"date":"2021-05-26T08:41:37","date_gmt":"2021-05-26T05:41:37","guid":{"rendered":"https:\/\/esatoshi.club\/?p=9477"},"modified":"2021-05-26T08:49:37","modified_gmt":"2021-05-26T05:49:37","slug":"zktube-x-satoshi-club-ama-recap-from-24th-of-may","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/05\/26\/zktube-x-satoshi-club-ama-recap-from-24th-of-may\/","title":{"rendered":"zkTube x Satoshi Club AMA Recap from 24th  of May"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from zkTube and our guests were @CeriumO2 @nicholasv1 @Dave1217 @lovelyQuokka\u00a0\u00a0 @PatriciaWxy @suzanaking. <\/p>\n\n\n\n<p>The\nAMA took place on 24 May. The AMA session was divided into 3 parts with a total\ncrypto reward pool of 500$ <\/p>\n\n\n\n<p>In\nthis AMA Recap, we will try to summarise the most interesting points for you.<\/p>\n\n\n\n<h2><strong>Part\n1 \u2014 introduction and questions from the Telegram community<\/strong><\/h2>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Hello&nbsp;\nSatoshi Club! We are happy to announce our AMA session with zkTube!\nWelcome to Satoshi Club&#x1f600;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> today our guests: <\/p>\n\n\n\n<p>@CeriumO2 <\/p>\n\n\n\n<p>@nicholasv1 <\/p>\n\n\n\n<p>@Dave1217 <\/p>\n\n\n\n<p>@lovelyQuokka&nbsp;&nbsp; <\/p>\n\n\n\n<p>@PatriciaWxy <\/p>\n\n\n\n<p>@suzanaking <\/p>\n\n\n\n<p>@Akinfergie<\/p>\n\n\n\n<p>&#x1f44b;<\/p>\n\n\n\n<p>welcome to Satoshi\nClub!<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Welcome here, guys!<\/p>\n\n\n\n<p><strong>Panda\nY:<\/strong>\nHi<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> hello! good to have you here! &#x1f601;<\/p>\n\n\n\n<p><strong>Suzana:<\/strong>\nHello<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Hello &#x1f929;<\/p>\n\n\n\n<p><strong>Dave\nL:<\/strong>\nhi<\/p>\n\n\n\n<p><strong>Pat:<\/strong>\nhi<\/p>\n\n\n\n<p><strong>Casey\nBrown:<\/strong> Hello~<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Welcome here, big zkTube family &#x1f60d;<\/p>\n\n\n\n<p><strong>Cerium:<\/strong>\nHello<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> It&#8217;s a pleasure for us to have you all\nhere today!<\/p>\n\n\n\n<p><strong>Serg\n| Satoshi Club:<\/strong> Hello all \ud83d\ude42<\/p>\n\n\n\n<p><strong>Suzana:<\/strong>\n&#x1f64c;<\/p>\n\n\n\n<p><strong>Panda\nY:<\/strong>\nLovely to meet Satoshi Club\u2018s member here<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> So, let&#8217;s start our AMA!&#x1f680;&#x1f680;<\/p>\n\n\n\n<p><strong>Panda\nY:<\/strong>\nSure<\/p>\n\n\n\n<p><strong>Pat:<\/strong>\nhello community!<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> We always ask our guests to introduce\nyourself for our big community &#x1f600;<\/p>\n\n\n\n<p><strong>Akinfergie:<\/strong>\nHello all!<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> Hi! Welcome!<\/p>\n\n\n\n<p><strong>Pat:<\/strong>\nHello<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Also, tell us about zkTube and the main\nconcept behind it! After intro we will have first part for which we choose 6\nquestions from our community! But intro first&#x1f609;<\/p>\n\n\n\n<p><strong>Pat:<\/strong>\nThis is Patricia from zkTube.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Hello, Patricia, can you tell us about\nyour role in zkTube and how did you get involved in this awesome project?<\/p>\n\n\n\n<p><strong>Cerium:<\/strong> Hi, this is Cerium, engineer, from zkTube<\/p>\n\n\n\n<p><strong>Dave\nL:<\/strong>\nI am the product manager of zkTube. If you have any questions related to the product,\nI will always answer them here<\/p>\n\n\n\n<p><strong>Suzana:<\/strong>\nThis is Suzana from zkTube Labs, I am the Asian BD, nice to meet you all<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> So, who will answer this?<\/p>\n\n\n\n<p><strong>Panda\nY:<\/strong>\nHi Everyone\uff01This is Charlene from zkTube\uff0cresponsible\nfor the operation management.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> And of course we are happy to e-meet\nyou all!<\/p>\n\n\n\n<p><strong>Akinfergie:<\/strong>\nI&#8217;m Francis,&nbsp; software engineer for\nzktube. Happy to meet you all<\/p>\n\n\n\n<p><strong>Pat:<\/strong>\n&#x1f44d;&#x1f3fb;<\/p>\n\n\n\n<p><strong>Panda\nY:<\/strong>\nzkTube Origin \uff1aThe concept of zkTube protocol prototype\noriginated as early as 2018. Ethereum founder Vitalik Buterin proposed a mining\nsolution for anti-ASIC (Application-Specific Integrated Circuit) on the\ndiscussion. zkTube founder Lance participated in the Ethereum Scaleability and\nnew ideas Exploration of POS mining and casting zkTube. Therefore, it is\nstrongly recommended by the Ethereum open grant and contributes to the Ethereum\necosystem.<\/p>\n\n\n\n<p><strong>Serg\n| Satoshi Club:<\/strong> Awesome. You&#8217;ve got a grant from\nEthereum?<\/p>\n\n\n\n<p><strong>Pat:<\/strong>\nBackground of zkTube<\/p>\n\n\n\n<p>Ethereum 1.0 has been\nrunning stably on the mainnet for many years, based on its previous ecological\napplications, its high latency and high transaction fees have hindered the\ndevelopment of the Ethereum ecosystem, so the Layer2 expansion plan is\nproposed: A considerable part of the workload on the chain is transferred to\nthe chain for completion.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Btw, i found perfect video explanation\non your site, i think Satoshiclubbers have to watch it!<\/p>\n\n\n\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"what is zkTube Protocol?\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/t3g4a3UblI0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><strong>Panda\nY:<\/strong>\n@sspurss It&#8217;s and the donation for Ethereum open grant\uff0csupported\nby Etherum community and ne twork.<\/p>\n\n\n\n<p><strong>Serg\n| Satoshi Club:<\/strong> Yes, it&#8217;s a nice one<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Wow, that&#8217;s fantastic! &#x1f44f;\nCongratulations with this!<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> i know ethereum has two layer 2\nsolutions &#8211; optimism and zk rollups, why you decided to use zk rollups for your\nproject?<\/p>\n\n\n\n<p><strong>Pat:<\/strong> <a href=\"https:\/\/opengrants.com\/grant\/0x9eda313cf60f1d004e493fcc123d64c21ef7e6a7\">https:\/\/opengrants.com\/grant\/0x9eda313cf60f1d004e493fcc123d64c21ef7e6a7<\/a><\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> &#x1f44f;&#x1f44f;&#x1f44f;<\/p>\n\n\n\n<p><strong>Pat:<\/strong>\n&#x1f60a;<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Yes, i am also interested in this&#x1f609;<\/p>\n\n\n\n<p><strong>Dave\nL:<\/strong>\nBecause zkrollup does the proof before submission, it can guarantee the\nsecurity of the user&#8217;s assets in a timely manner, and it can achieve the same\nlevel of security as Ethereum<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> got it, thanks!<\/p>\n\n\n\n<p><strong>Pat:<\/strong>\nBrief introduction of zkTube<\/p>\n\n\n\n<p>zkTube labs are based\nin Melbourne Australia, which starts to build zkTube protocol since 2020 with\nthe worldwide team base on the approved concept, it changing the crypto payment\nwith cutting-edge technology for the financial revolution. zkTube is the\nscaling Ethereum with zero-knowledge proofs. Its aim to be the most viable\ntechnology to enable the mainstream adoption of public blockchains.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> This makes sense &#x1f44d; Security is\non the first place!<\/p>\n\n\n\n<p>&nbsp;[ Sticker ]<\/p>\n\n\n\n<p>Thank you, guys for\nthis incredible intro!<\/p>\n\n\n\n<p><strong>Dave\nL:<\/strong>\nAnother reason<\/p>\n\n\n\n<p>The reason why we don&#8217;t\nuse OP withdraw is that the withdraw time of OP is too long. Just like this\nsharp fall, if you need to withdraw ETH from COINBASE, it will take 7 days. At\nthat time, your ETH has already dropped so much that you can&#8217;t stop the\nloss.And we can withdraw in 15 minutes<\/p>\n\n\n\n<p>@Cool_as_Ice<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> yeah, im aware about this, but as we\nknow uniswap chooses optimism as a layer 2 solution, for example<\/p>\n\n\n\n<p>guys @CeriumO2&nbsp; @nicholasv1&nbsp;\n@Dave1217&nbsp; @lovelyQuokka&nbsp;&nbsp; @PatriciaWxy @suzanaking&nbsp; @Akinfergie @Casey9814C thank you for the\ninto! i think we ready to open the first part of AMA? &#x1f609;<\/p>\n\n\n\n<p><strong>Pat:<\/strong>\nyeah<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> let&#8217;s goooooo! &#x1f680;<\/p>\n\n\n\n<p><strong>Pat:<\/strong>\nCool, we can start the part 1 now.<\/p>\n\n\n\n<p><strong><em>Q1 from Telegram user\n@Arisabela <\/em><\/strong><\/p>\n\n\n\n<p><strong>Basically,\nzkTube is taking advantage of the Ethereum platform improving its functions\nwith ZK-Rollup technology based on the PLONK algorithm protocol, can you\nhighlight the benefits of this protocol? What is the speed of your platform\nusing this technology?<\/strong><\/p>\n\n\n\n<p><strong>Dave\nL:<\/strong>\nYes, but they released it, but there may be some hurdles that they haven&#8217;t\ncracked yet, so they haven&#8217;t released the latest version yet<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> that&#8217;s true<\/p>\n\n\n\n<p>1). The advantage of\nPlonk is that it supports a common, upgradable reference string, and as long as\nthe size of the circuit design does not exceed the upper SRS threshold, some of\nthe scenes and functions can actually share one SRS, which is very helpful to\nZKTube. ZKTube takes advantage of this feature.In certain scenarios such as\ndeposit, withdraw, transfer, buy and sell, this feature is put to the extreme\nuse. Originally, the proof time of ZKTube is about 5 times shorter than that of\nSnarks, but after the optimization of ZKTube, the proof time is about 15-20\ntimes shorter.<\/p>\n\n\n\n<p>2). In order to make\nthe CPU play acme, we reduce the memory and reasonably allocate memory to\noptimize these two, in the circuit design as much as possible in order to\nsatisfy a common SRS, so ms merkel tree, we compared the different SRS\ndifferent groups, and parallel, duplicate data calculation as soon as possible\nto reduce the use of memory,At the same time, we use a monitoring mechanism to\nadjust the allocation of memory, such as a circuit this time is too high\nfrequency, a dedicated thread to handle the storage scheme, so as to achieve\nthe effect of memory allocation.<\/p>\n\n\n\n<p>3).We are now TPS3000+<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> PLONK algo was made by your team?<\/p>\n\n\n\n<p><strong>Dave\nL:<\/strong>\nWe did a lot of optimization based on the Plonk algorithm<\/p>\n\n\n\n<p>The above two points\nare the optimization of our technology<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> as i know your code is not open source\nyet, but you have plans to release it to the public?<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> Can i give this article as example of Plonk algorithm explanation for our users? <a href=\"https:\/\/link.medium.com\/7E0ErIvdwgb\">https:\/\/link.medium.com\/7E0ErIvdwgb<\/a><\/p>\n\n\n\n<p><strong>Dave\nL:<\/strong>\nSome project parties are imitating us, so we only open the front end for the\ntime being, and the server side will be open source in the next step<\/p>\n\n\n\n<p>understood, thanks for\nthe answer!<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Thank you, guys, for your answers! As\nalways we apploud you&#x1f600; ready to go to the next question?<\/p>\n\n\n\n<p>&#x1f44f;&#x1f44f;&#x1f44f;&#x1f44f;<\/p>\n\n\n\n<p><strong>Dave\nL:<\/strong>\nThis statement describes the certification process of the protocol\ncertification\/verification phase, and we have made optimizations and\nimprovements.<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> nice, so you have upgraded version of\nPlonk &#x1f609;&#x1f44d;<\/p>\n\n\n\n<p><strong><em>Q2 from Telegram user\n@Jonahapagu <\/em><\/strong><\/p>\n\n\n\n<p><strong>Some\nof the personal uses of your products such as paytube as stated is that it can\nbe used to Manage multiple wallets on the go, Shop with Visa merchants online\n&amp; in-person around the world and also the Provision of Visa prepaid and\ndebit cards, what kinds of wallets will users of paytube be able to manage, and\nwhat kinds of shops will they be able to use paytube for, across what countries\ncan users currently use paytube for shopping and how do users get issued visa\nprepaid and debit cards using paytube<\/strong><\/p>\n\n\n\n<p><strong>Panda\nY:<\/strong>\nPayTube is a Layer2 wallet building on top of the ZKTube Protocol. It is\nplanned to start trial use in Australia, the United States, Canada, Singapore.\nYes\uff0cPayTube Wallet may supports a range of\nbusiness activities. For example, the PayTube Wallet program works with third\nparty compliance platforms such as Simplex or Uphold in the US\uff0cand\nPayID in Australia to ensure compliance between digital and fiat currencies\nused internationally. In the future, PayTube plans to introduce Visa prepaid\ngift cards, which will be available on application. This prepaid card can be\nused at any merchant that accepts Visa online or offline merchant. However, the\nprivate key of PayTube wallet belongs to the user&#8217;s own management, and the\nprivate key belongs to the user&#8217;s personal property. PayTube wallet never keeps\nthe private key of the user.<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> when your wallet will be available in\nAustralia, US, Canada and Singapore?<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Super! Can you tell me if Visa prepaid\ngift cards will be available for purchase all around the world? Or you will\nhave some countries restricted?<\/p>\n\n\n\n<p><strong>Pat:<\/strong>\nwhen our mainnet to go online, we are now start business communication.<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> thank you!<\/p>\n\n\n\n<p><strong>Panda\nY:<\/strong>\nWhen our mainnet launch\uff0cwe will start the\ninternational business development\uff0cand\nopen for partnership cooperation. At the moment\uff0cwe\nalready the investigate and survey in those country and got a very good result\nand consequence.<\/p>\n\n\n\n<p><strong>Pat:<\/strong>\nYou&#8217;re welcome!<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Thank you for your answers &#x1f44f;&#x1f44f;&#x1f44f;\nready to proceed?<\/p>\n\n\n\n<p><strong>Pat:<\/strong>\nSure!<\/p>\n\n\n\n<p><strong>Panda\nY:<\/strong>\nYes. But under $1000 prepaid card for user to apply will not be restricted.<\/p>\n\n\n\n<p><strong>Pat:<\/strong>\nplease go ahead, thank you!<\/p>\n\n\n\n<p><strong><em>Q3 from Telegram user\n@Tony253210 <\/em><\/strong><\/p>\n\n\n\n<p><strong>Considering\nthat you have the \u201cZK\u201d on your name, that means that you are related to the\nZk-Snark technology ? Do you have privacy features?<\/strong><\/p>\n\n\n\n<p><strong>Cerium:<\/strong>\nYes, the zero-knowledge proof system we use now adopts the Plonk scheme, and\nprivacy protection is also an important indicator that we will consider in the\nfuture<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> So, we will be able to send private\ntransactions using your wallet?<\/p>\n\n\n\n<p><strong>Dave\nL:<\/strong>\nAre you talking about Snark privacy certificates<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Yes<\/p>\n\n\n\n<p>Gotcha! Thank you for\nyour answers! Ready to jump to the next question?&#x1f44f;&#x1f44f;<\/p>\n\n\n\n<p><strong>Dave\nL:<\/strong>Yes\nit is. At the same time, the transaction can also be queried in the Ethereum\nscan.<\/p>\n\n\n\n<p><strong>Pat:<\/strong>&nbsp; yes, please go ahead for next question<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> let&#8217;s goooo!<\/p>\n\n\n\n<p><strong><em>Q4 from Telegram\nuser&nbsp; @Highpee<\/em><\/strong><\/p>\n\n\n\n<p><strong>The\ntotal circulation and supply of ZKT cannot exceed 330,000,000 and 89.4% of your\ntotal supply will be distributed through mining. I discovered that 14.4% of\nthis 89.4% is allocated for behavioral Mining which you also called\nzero-knowledge proof mining. How will the proof-of-stake Consensus mining\napproach of zkTube work? Who can become a validator and how much ZKT is needed\nto be staked in order to become a Validator? Also, what is behavioral mining\nand why did you allocate 14.4% of mining allocation to behavioral miners?<\/strong><\/p>\n\n\n\n<p><strong>Pat:<\/strong>\nCool!<\/p>\n\n\n\n<p><strong>Panda\nY:<\/strong>\nFirst of all, our mining is still in intensive testing. In the framework of our\npreliminary design, we added to our test network as collateral for testing\ntokens. We are still updating our test network and will update more content to\naccommodate existing miners. Getting test miners into the test network is a\ncontribution in itself, and we&#8217;ll be giving air drops to some of our miners to\ntest our mines. Follow us on Twitter for more. The test network will be tested for\nabout two months, and the main network will be put online according to the vote\nof test miners.<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> so it&#8217;s still not late to participate\nin testnet?<\/p>\n\n\n\n<p>by the way, our next\nquestion about testnet so i don&#8217;t want to ask to much about it now &#x1f609;<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> I think if everyone agree, you can post\nit now&#x1f600;<\/p>\n\n\n\n<p><strong>Pat:<\/strong>\n&#x1f44d;&#x1f3fb;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> &#x1f680;&#x1f680;&#x1f680;<\/p>\n\n\n\n<p><strong><em>Q5 from Telegram\nuser&nbsp;&nbsp; @Winner_don<\/em><\/strong><\/p>\n\n\n\n<p><strong>The\ntestnet POS mining is starting soon; few days to this time. Since it is a\ntestnet mining and it is a Proof of stake Mining that gives a person the\nopportunity to mine according to how many coins they hold, are we going to need\nany token to participate? For those that mine on the testnet, will there be any\nreward when moved to the mainnet? How long will the testnet mining take and\nwhen will mainnet mining start?<\/strong><\/p>\n\n\n\n<p><strong>Panda\nY:<\/strong>\nYes. We still has upcoming two times Testnet version\uff0cand\nwe still call on users to participate in the test, and at the same time give us\nsuggestions to make our network stronger when we are online on the mainnet.<\/p>\n\n\n\n<p>This is our Testnet\uff1a<a href=\"https:\/\/rinkeby.zktube.io\/wallet\">https:\/\/rinkeby.zktube.io\/wallet<\/a><\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Thank you! Do you have any articles or\nguides how to join?<\/p>\n\n\n\n<p><strong>Suzana:<\/strong> <a href=\"https:\/\/zktube.medium.com\/zktube-testnet-tutorials-for-deposit-transfer-72db289a72bf\">https:\/\/zktube.medium.com\/zktube-testnet-tutorials-for-deposit-transfer-72db289a72bf<\/a><\/p>\n\n\n\n<p><strong>Pat:<\/strong>\nsure!<\/p>\n\n\n\n<p><strong>Suzana:<\/strong>\nPlease see our medium here to join the testnet<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> thank you! and, i think important to\nask, do you have plans to run a private or public sale of your tokens in the\nfuture?<\/p>\n\n\n\n<p><strong>Panda\nY:<\/strong>\nFirst of all, our mining is still in intensive testing. In the framework of our\npreliminary design, we added to our test network as collateral for testing\ntokens. We are still updating our test network and will update more content to\naccommodate existing miners.Getting test miners into the test network is a\ncontribution in itself, and we&#8217;ll be giving air drops to some of our miners for\nparticipate in mining on testnet. Please\uff0cfollow\nus on Twitter for more.The test network will be tested for about two months,\nand the main network will be put online according to the vote of test miners.<\/p>\n\n\n\n<p><strong>Pat:<\/strong>\nWe have plans, and currently our whitelist is over. This round of whitelisting\nreleased a total of 600,000 pieces at a price of 6u, which has all ended. For\nthe next round of opening, please follow our official Twitter.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Sure! We will definitely follow your\nupdates &#x1f44f;&#x1f44f;&#x1f44f;<\/p>\n\n\n\n<p>Thank you for your\nanswers! Ready to go to the 6th and last question from this part?<\/p>\n\n\n\n<p><strong>Suzana:<\/strong>\nyes, please go ahead<\/p>\n\n\n\n<p><strong>Pat:<\/strong> <a href=\"https:\/\/twitter.com\/zktubeofficial\">https:\/\/twitter.com\/zktubeofficial<\/a><\/p>\n\n\n\n<p><strong><em>Q6 from Telegram\nuser&nbsp;&nbsp; @meml97<\/em><\/strong><\/p>\n\n\n\n<p><strong>It\nis not a secret for anyone that NFTs are growing in popularity as days go by.\nAnd I saw that zkTube is not too far behind on this topic because while reading\nyour whitepaper I saw that: \u201czkTube underlying protocol NFT also do field\nextended support NFT on the second floor above the transaction\u201d. Can you tell\nus more about this? What plans does zkTube has regarding NFTs? Will you add NFT\nservices to PayTube or are there any plans on releasing zkTube\u2019s own\nmarketplace?<\/strong><\/p>\n\n\n\n<p><strong>Pat:<\/strong>\nabsolutely<\/p>\n\n\n\n<p><strong>Dave\nL:<\/strong>\nWe have developed corresponding technical frameworks for zkTube in the fields\nof DeFi and NFT, etc. The most typical one is that we have supported Uniswap V2\nand V3 technical frameworks. Currently, this product has been developed and is\nstill under internal testing. The specific implementation principle is as\nfollows:<\/p>\n\n\n\n<p>For both Uniswap V2 and\nV3, ZKTube&#8217;s underlying protocol will support data interaction with L2\naccounts. Users can choose to deposit ETH or ERC20 coins to L2 on V2, and then\nconduct swap transactions or provide liquidity. At the same time, we can also\ntransfer the ETH or ERC20 token deposit above V3 to L2 for swap transaction or\nprovide liquidity. Then, the second level will summarize, package, prove and\nfinally verify that there is no problem, and submit it to the ETH main chain.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> So, can we suggest that in the future\nyou will provide l2 solution for NFT markets also?<\/p>\n\n\n\n<p><strong>Dave\nL:<\/strong>\nYes, we have included the NFT solution in this mining machine<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Awesome! Thank you &#x1f44f;&#x1f44f;&#x1f44f;<\/p>\n\n\n\n<p>So, we came close to\nthe live part now &#x1f44f;&#x1f44f;&#x1f44f;<\/p>\n\n\n\n<p>Ready for it?<\/p>\n\n\n\n<h2><strong>Part\n2 \u2014 live questions from the Telegram community<\/strong><\/h2>\n\n\n\n<p><strong><em>Q1 from telegram username @helhusd\nnot in the group<\/em><\/strong><\/p>\n\n\n\n<p><strong>Do you have a Token Burning plan to increase Token\nvalue and attract Investors to invest?<\/strong><\/p>\n\n\n\n<p><strong>Panda Y:<\/strong>We\nhave a similar mechanism to Ethereum, and our tokens have not been issued or\ndestroyed. In the later period, we consider the tokens purchased by the\nfoundation to be destroyed.<\/p>\n\n\n\n<p><strong><em>Q2 from telegram username @Xusuo<\/em><\/strong><\/p>\n\n\n\n<p><strong>zkTube Protocol is an ETH Layer 2 scaling solution\nwhich have $ZKT token. I read from your telegram, one of your member ask about\nairdrop ZKT candy but he got no answer. Could you explain about this ZKT\nairdrop how to participate? And what is the reward? Do you also have other\nevent for your community?<\/strong><\/p>\n\n\n\n<p><strong>Suzana:<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/zktube.medium.com\/zkt-candy-airdrop-by-zktube-9c0be7420d0f\">https:\/\/zktube.medium.com\/zkt-candy-airdrop-by-zktube-9c0be7420d0f<\/a><\/p>\n\n\n\n<p>about the airdrop,\nplease read our rules to participate, it&#8217;s still on<\/p>\n\n\n\n<p><strong><em>Q3 from telegram username @kimterbear<\/em><\/strong><\/p>\n\n\n\n<p><strong>How can we ensure the safety of our assets at\nPaytube?<\/strong><\/p>\n\n\n\n<p><strong>Pa<\/strong>t\n: The user&#8217;s assets are stored in the smart contract, and only the user can\noperate it.<\/p>\n\n\n\n<p>service providers can\nonly interrupt transactions, but cannot steal transactions.<\/p>\n\n\n\n<p>Therefore, users do not\nneed to worry about the safety of assets. Even if all service providers strike,\nusers can still actively withdraw their legal assets through smart contracts.<\/p>\n\n\n\n<p><strong><em>Q4 from telegram username @Pratze<\/em><\/strong><\/p>\n\n\n\n<p><strong>Uniswap already released a formal document to\nintroduce its V3 version. I read that zkTube\u2019s technical team has participate\nin the development of uniswap v3. Can you explain how does the combination work\nbetween zkTubes and V3 uniswap?<\/strong><\/p>\n\n\n\n<p><strong>Dave L: <\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"422\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-05-24_18-22-05-1024x422.jpg\" alt=\"\" class=\"wp-image-9482\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-24_18-22-05-1024x422.jpg 1024w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-24_18-22-05-300x124.jpg 300w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-24_18-22-05-768x316.jpg 768w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-24_18-22-05.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>For both Uniswap v2 and\nV3, zkTube&#8217;s underlying protocol will support data interaction with L2\naccounts. Users can choose to deposit ETH or ERC20 coins to L2 on V2, and then\nconduct swap transactions or provide liquidity. At the same time, we can also\ntransfer the ETH or ERC20 token deposit above V3 to L2 for swap transaction or\nprovide liquidity. Then, the second level will summarize, package, prove and\nfinally verify that there is no problem, and submit it to the ETH main chain.<\/p>\n\n\n\n<p><strong><em>Q5 from telegram username @meml97<\/em><\/strong><\/p>\n\n\n\n<p><strong>&#x1f9e8;&nbsp;&nbsp;&nbsp;&nbsp;\nI read that zkTube operating mechanism, includes two types of roles:\nordinary users and operators. Can you tell us more about this two roles? How\ncan users go from one role to the other and what function do they have within\nzkTube\u2019s ecosystem? What benefits bring to users being either an ordinary user\nor an operator?<\/strong><\/p>\n\n\n\n<p><strong>&nbsp;Dave L: <\/strong>Ordinary users refer to the users who trade on the\nfront end, and operators refer to the zkTube miners who provide proof of zero\nknowledge. Therefore, a user can either trade on the front end or provide proof\nfor zkTube as a miner<\/p>\n\n\n\n<p><strong><em>Q6 from telegram username @Rosane1a88<\/em><\/strong><\/p>\n\n\n\n<p><strong>&#x1f338; zkTube allows payments at a rate of 3000+\nTPS, scalability and security are key points in the DeFi ecosystem, so I\nwonder, how secure are the transactions if performed at such high rate? And how\nis ensured that high scalability without compromising decentralization of the network?<\/strong><\/p>\n\n\n\n<p><strong>Pat:<\/strong>\nThe current theoretical value is indeed 3000+ TPS. But our actual test has not\nreached this peak, so we are currently working hard to realize this theory. In\nour current testing phase, the machine involved in the calculation is our\nsubsequent mining computer, and the plonk algorithm itself has a lot of room\nfor optimization. Then there is security. It is true that there may be security\nissues at present. We currently use asset flow records to verify the user&#8217;s\nfinancial situation, and use an efficient distributed database to ensure data\nconsistency. In this regard, we also welcome everyone to give us better\nsuggestions, and we will continue to pay attention to and improve.<\/p>\n\n\n\n<p><strong><em>Q7 &nbsp;from telegram username &nbsp;@Indomiekuy<\/em><\/strong><\/p>\n\n\n\n<p><strong>zkTubes have native token $ZKT, could you explain\nwhat are function of your token in your platform? And how do we possible to\npurchase it?<\/strong><\/p>\n\n\n\n<p><strong>Pa: <\/strong>Native\ntokens can be used in the behavior mining of Layer1 to Layer2 deposit functions\nin the wallet, and at the same time ZKT token serve as transaction and\nwithdrawal fees. In addition, ZKT&#8217;s native tokens will also be mined as\ncollateral according to the rules of the economy. Early adopters can either\nwait for the second round of whitelisting to be open to purchase tokens, or purchase\ntokens from an exchange when ZKT is listed.<\/p>\n\n\n\n<p><strong><em>Q8 from telegram username @highpee<\/em><\/strong><\/p>\n\n\n\n<p><strong><em>&nbsp;<\/em><\/strong><strong>Is the PLONK Algorithm used by\nzkTube different from SNARK technology used by other zero-knowledge solution?\nAre you still able to guarantee transaction correctness when interacting or\ntransferring transactions to the secondary offline layer?<\/strong><\/p>\n\n\n\n<p><strong>Dave L: <\/strong>Zktube\nuses zero-knowledge proof Plonk algorithm in Layer2. Theoretically, Starks\nalgorithm is the most secure. It does not rely on the assumption of pairing and\nexponential knowledge, but is completely based on hash value and information\ntheory to calculate, which is anti-quantum computer attack.Corcorresponding, it\nincreases the number of proof bytes from 288 bytes (b) to several thousand\nbytes (KB), which is not suitable for Zktube to build a generic Layer2\nprotocol. Secondly, the biggest problem with Starks is that it is not generic.\nDifferent problems or scenarios require different arithmetic solutions.Not very\nuseful for ZkTube at the moment, maybe it will be a good choice for Layer2\nsharding when Ethereum 2.0 comes online.<\/p>\n\n\n\n<p>Snarks is the algorithm\nthat uses the least number of bytes in the algorithm, and Groth16 is the one\nthat uses the most. First of all, Groth16 is not universal, and it relies on\nthe one-time non-upgradable setting. If the system changes or encounters any\nsmall bug, it needs a new ceremony to deploy and fix it.Secondly, different\nCRS(the Common Reference String) is needed for different problems, which is\nequivalent to designing different circuits for different scenes. Therefore,\nthis algorithm is used for specific scenes, such as decentralized DEX, payment\nand other simple scene circuit design.<\/p>\n\n\n\n<p>1. The advantage of\nPlonk is that it supports a common, upgradable reference string, and as long as\nthe size of the circuit design does not exceed the upper SRS threshold, some of\nthe scenes and functions can actually share one SRS, which is very helpful to\nZKTube. ZKTube takes advantage of this feature.In certain scenarios such as\ndeposit, withdraw, transfer, buy and sell, this feature is put to the extreme\nuse. Originally, the proof time of ZKTube is about 5 times shorter than that of\nSnarks, but after the optimization of ZKTube, the proof time is about 15-20\ntimes shorter.<\/p>\n\n\n\n<p>2. In order to make the\nCPU play acme, we reduce the memory and reasonably allocate memory to optimize\nthese two, in the circuit design as much as possible in order to satisfy a\ncommon SRS, so ms merkel tree, we compared the different SRS different groups,\nand parallel, duplicate data calculation as soon as possible to reduce the use\nof memory,At the same time, we use a monitoring mechanism to adjust the\nallocation of memory, such as a circuit this time is too high frequency, a\ndedicated thread to handle the storage scheme, so as to achieve the effect of\nmemory allocation.<\/p>\n\n\n\n<p>These algorithms are\nnow very secure and resistant to quantum attacks, so you don&#8217;t have to worry\ntoo much about attacks and things like that, and even if they do, the user&#8217;s\nassets are safe&#x1f602;<\/p>\n\n\n\n<p><strong><em>Q9 from telegram username @lusiana_lambreth<\/em><\/strong><\/p>\n\n\n\n<p><strong>Taking into account the congestion on the ETH\nnetwork, does zkTube have the vision to support other cryptocurrencies and\nexpand their spectrum?<\/strong><\/p>\n\n\n\n<p><strong>Panda Y:&nbsp; <\/strong>&nbsp;&nbsp;Yes. zkTube\ncan support all ERC20 and will be support EIP1271 protocol soon. So\uff0cwe are open for\ncooperation with other projects as well.<\/p>\n\n\n\n<p><strong><em>Q10 &nbsp;from telegram username @cryptofollower&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/em><\/strong><\/p>\n\n\n\n<p><strong><em>&nbsp;<\/em><\/strong><strong>zkTube protocol is a scaling\nsolution for Ethereum Layer 2. zkTube also has solutions for Proof of Staking\nas testnet POS mining launch on June 10, 2021. I have questions about this. Do\nyou think after the launch of Ethereum 2.0 people would still like to continue\nEthereum scaling solutions? Also do you think POS system is best solution for\nscalability? Won&#8217;t it mean a more centralized approach? What do you think of\nproof of stake on this matter?<\/strong><\/p>\n\n\n\n<p><strong>Cerium:<\/strong>\nEveryone knows that the 2.0 upgrade will convert POW mining to POS, but in\nfact, the initial stage of the entire upgrade process is that the dual chains\ncoexist, and there will be both the current main chain (original chain) and the\nnew chain (POS mechanism), and Two kinds of tokens ETH1.0 and ETH2.0. During this\nperiod, users can burn ETH1.0 in exchange for ETH2.0, but ETH2.0 will be\neffectively frozen until the full upgrade of 2.0 is completed (at that time we\ncan see that the exchange is trading two Ethereum tokens at the same time\nInteresting phenomenon). In other words, during the entire 2.0 transition\nperiod, the operational state of the original chain must be guaranteed. This is\nalso the problem: the upgrade process needs to maintain and develop two chains\nat the same time, and achieve breakthroughs in key technologies such as\nsharding. Compared with the direct switching of the main network of other\npublic chains, one more chain workload is out of thin air.<\/p>\n\n\n\n<p>As for how long this\nintermediate state of dual-chain coexistence will take, we can infer from the\nlatest official blog post. According to the description of the released\n&#8220;1.x Document: Quick Sync&#8221;, the development team is now focusing on\nmore incremental upgrades to Ethereum 1.x, and stated that &#8220;the life of\nthe original Ethereum chain needs to be extended by at least another 3-5 years.\n&#8220;. Theoretically, the length of time the original chain needs to be\nmaintained is an intermediate state. Once the original chain is upgraded to\n2.0, the historical mission has been completed. Therefore, it can be inferred that\nthe entire 2.0 upgrade process is officially estimated to take at least 3-5\nyears. One important reason why it takes so long is that there are still some\ncore issues that need to be resolved on the original chain, including chain\nstorage, block size, transaction throughput, state size, and network\nperformance. It is necessary to ensure that both chains are up to the standard\nto complete successfully upgrade.<\/p>\n\n\n\n<h2><strong>Part 3 \u2013 Quiz Results<\/strong><strong><em><\/em><\/strong><\/h2>\n\n\n\n<p>As usual, for the third\npart, Satoshi Club Team asked the chat 4 questions about the crypto project. A\nlink to a Quiz form was sent into the chat.<\/p>\n\n\n\n<p><strong>For\nmore information and future AMAs, join our Social Media channels:<\/strong><\/p>\n\n\n\n<p>English Telegram group: <a href=\"https:\/\/t.me\/Satoshi_club\/\">https:\/\/t.me\/Satoshi_club\/<\/a> <\/p>\n\n\n\n<p>Russian Telegram group: <a href=\"https:\/\/t.me\/satoshi_club_ru\/\">https:\/\/t.me\/satoshi_club_ru\/<\/a> <\/p>\n\n\n\n<p>Spanish Telegram group: <a href=\"https:\/\/t.me\/satoshi_club_spanish\/\">https:\/\/t.me\/satoshi_club_spanish\/<\/a> <\/p>\n\n\n\n<p>Chinese Telegram group: <a href=\"https:\/\/t.me\/satoshi_club_cn\/\">https:\/\/t.me\/satoshi_club_cn\/<\/a> <\/p>\n\n\n\n<p>Indonesian Telegram\ngroup: <a href=\"https:\/\/t.me\/satoshi_club_indonesia\/\">https:\/\/t.me\/satoshi_club_indonesia\/<\/a> <\/p>\n\n\n\n<p>Telegram Channel: <a href=\"https:\/\/t.me\/satoshi_club_channel\/\">https:\/\/t.me\/satoshi_club_channel\/<\/a> <\/p>\n\n\n\n<p>Twitter: <a href=\"https:\/\/twitter.com\/realsatoshiclub\/\">https:\/\/twitter.com\/realsatoshiclub\/<\/a> <\/p>\n\n\n\n<p>Website: <a href=\"https:\/\/esatoshi.club\/\">https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n<p><strong>Our\npartners:<\/strong><\/p>\n\n\n\n<p>Telegram: <a href=\"https:\/\/t.me\/zkTubeProtocol\">https:\/\/t.me\/zkTubeProtocol<\/a><\/p>\n\n\n\n<p>Twitter: <a href=\"https:\/\/twitter.com\/zktubeofficial\">https:\/\/twitter.com\/zktubeofficial<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from zkTube and our guests were @CeriumO2 @nicholasv1 @Dave1217 @lovelyQuokka\u00a0\u00a0 @PatriciaWxy @suzanaking. The AMA took place on 24 May. The AMA session was divided into 3 parts with a total crypto [&hellip;]<\/p>\n","protected":false},"author":66,"featured_media":9264,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/9477"}],"collection":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=9477"}],"version-history":[{"count":6,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/9477\/revisions"}],"predecessor-version":[{"id":9487,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/9477\/revisions\/9487"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/9264"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=9477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=9477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=9477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}