Pchain AMA From 7th August 2018

Pchain AMA From 7th August 2018

Screenshots & text

Pchain AMA From 7th August 2018
Pchain AMA From 7th August 2018
Pchain AMA From 7th August 2018
Pchain AMA From 7th August 2018
Pchain AMA From 7th August 2018
Pchain AMA From 7th August 2018


[Forwarded from Minc Duch]

According to my understand, the coding for smart contract between pchain and eth are the same, right? Mean that projects that now runs on eth can be transferred to pchain system easily?

[Forwarded from jeff cao]

Yes. And we are extending it to support Smart Data as well

[Forwarded from German Sheyn]

Hi Jeff! Could you tell more about cross sharding consensus? Can it be a bottleneck of the whole system?

[Forwarded from jeff cao]

Yes. it’s bottleneck. That’s why we began to optimize EVM itself recently. And we already found very good direction which will have 5-8 times improvementb comparing to existing EVM core

[Forwarded from Micky]

Can you share the testnet launch date?

[Forwarded from jeff cao]

not final determined but will be before Sep 15th or even earlier

[Forwarded from Clement_S]

I saw pchain as the rootstock for BCH, will pchain also works with Bitcoin and other crypto currency?

[Forwarded from jeff cao]

yes, BCH at first. And will extend to support other coins

[Forwarded from lazyhu]

Does the team plan to change the token name? To distinguish it from the pai of Oben

[Forwarded from jeff cao]

Yes. We are considering how to distinguish with Oben. WE can rebrand in main net. While we are also exploring more possiblity

[Forwarded from Minc Duch]

How many project are waiting to run on pchain as of now? I saw 40+ projects are waiting to run on qkc which is the direct competitiors of our pchain. Do you have a specific plan in mind to complete with it?

[Forwarded from jeff cao]

quality is more important that quantity.

[Forwarded from Minc Duch]

So u mean our market will be niche and qkc will be mass?

[Forwarded from jeff cao]

A killer application is much more important than 1000 normal applications

[Forwarded from Micky]

What kind of language is PCHAIN using for development?

[Forwarded from jeff cao]

go

[Forwarded from Clement_S]

Is pchain suitable for micro payment application?

[Forwarded from jeff cao]

definitely. as huge tps supported

[Forwarded from Baaal]

hi Jeff, you can tell more about the FSBRI and Cross-chain Laboratory of Strait & PCHAIN, what prospects for this cooperation? pchain “official” blockchain region of Fujian?

[Forwarded from jeff cao]

we setup a joint lab with them in Fujian

[Forwarded from Nad]

Can you explain Pchain plan with cross-shard communication?

[Forwarded from jeff cao]

Multichain itself is a sharding mechenism. While when we cross shard very often we need fast interoperablity among main chain and child chains. We enabled the interoperablity at first. And our latest direction is to optimize the EVM in main chain.

[Forwarded from Niraj]

@JeffCao I saw LD capital invested in Pchain but I checked their website, I didn’t find it. Pls confirm

[Forwarded from jeff cao]

you can find bunch of report on this in Chinese search engine https://m.sogou.com/web/searchList.jsp?s_from=pcsearch&keyword=了得+pchain

[Forwarded from SKP]

There were lot of confusion created by ICX due to not making its development public

Same situation is with pchain bcz not coding available on github

@JeffCao ur view on this ?

[Forwarded from jeff cao]

we will show you the code in video,3rd party review and open source step by step. we have developed over 10k code lines not including the testing, UI and scripts

[Forwarded from Micky]

How does the number of shards are selected, how many nodes will be there in the number of shards ?

[Forwarded from jeff cao]

in our test,we supported 200 validator nodes in 1 shard. we can support over 1000 nodes in 1 shard/ child chain

[Forwarded from Clement_S]

In testnet, can public add a node?

[Forwarded from jeff cao]

in testnet 2.0,we will support that to verify our incentive mechanism

[Forwarded from jeff cao]

Yes,in fact,that will be the 1st time for me to visit India. And this forum is really a high level official Blockchain forum between China and India

[Forwarded from Micky]

Will Pchain use “honest nodes” are clustered to run as a super node and will involve the root chain to confirm the transactions between them. Can you explain please

[Forwarded from jeff cao]

no. we dont assume “honest node”. that’s why Pdbft needs to support as many nodes as possible



[Forwarded from SKP]

How many version of test net will be there before releasing mainnet ?

@JeffCao



[Forwarded from jeff cao]

at least we can see testnet 2.0 as too many innovation needs to be verified step by step. Noticed that Zilliqa postpone their main net plan. In fact,test net is very important to achieve a stable main net

[Forwarded from Kenshin]

Mister jeff can wr excpect new exchanges before mainney or after mainnet?

[Forwarded from jeff cao]

of course. we are discussing with various exchanges from layer 1 to layer 2

[Forwarded from Minc Duch]

What is your marketing strategy in the future to spread the reputation of your project?

[Forwarded from jeff cao]

we need killer application to show the advantage of pchain at first. then every dapp comes

[Forwarded from jeff cao]

thanks. and also noticed that we just started in Mar 2018. so we really develop super fast :)

[Forwarded from German Sheyn]

Could you tell more about bch integration? Can it work without BСH fork?

[Forwarded from jeff cao]

yes,it’s a protocal which can be extended to support other coin later on. andWe have implemented the 1st version for BCH

[Forwarded from jeff cao]

thank and agree. While tech is tech,innovation really toke time and Thanks for your understanding. In fact,to compare with EOS,which developed over 1 year,PCHAIN is really fast progress. In fact,we already have over 15 Dapp collaboration

[Forwarded from jeff cao]

Zilliqa is just sharding. And its tps is just around 6k. Quarkchain is pow based system so its top tps is around 10k. While PCHAIN is multichain. We will release a very initial result with 10k tps recently. And everybody can guess how mant tps we can achieve in our test net launch.

[Forwarded from jeff cao]

yes. in process.

[Forwarded from jeff cao]

Yes. we need to find a way to resolve this problem

[Forwarded from jeff cao]

Yes. We have Dynamic Super Node plan. which will allow more people to be the Super Nodes to mine PCHAIN tokens and keep PCHAIN more decentralized than existing Super node plan

Leave a Comment

Your email address will not be published. Required fields are marked *