June 21, CPChain node ecological rules officially released worldwide attention and sparked discussion throughout CPChain community. After collecting the relevant questions about the ecology of the node to all communities, CPChain team held a live CPChain ecological AMA node in at 20:24 on June evening, CPChain team selected the essence of the problem to be answered in detail in CPChain official micro-channel group. The AMA guests are Mr. CPChain COO Shi Qingwei and core developer Alex, ecology around CPChain node, a block configuration requirements, the main network ecological construction, future planning and other core issues unfold answer and interaction.
The following is a review of the contents of this AMA:
1
About a block configuration server? If a node becomes a block, how much hard drive capacity is expected to consume each year?
Specific configuration can refer to our message https://docs.cpchain.io/preliminaries/overview.html#hardware-specification on docs page.
In simple terms, one month $ 50 or so VPS will be able to meet the requirements. If it is your own server, then you require at least 4GB of memory with 300Mbps bandwidth. Capacity, hard drive consumption and volume related. CPChain Beta test version generate about 700,000 blocks occupied hard disk space is 4GB , total 45 00 000 transactions were accounted for 6.2G of storage space.
2
The bandwidth requirements on how much the block (upstream and downstream requirements), arranged to achieve the required bandwidth of the block, how much cost?
Bandwidth Bandwidth in on a pure exchange need is 100 bytes , the bandwidth requirements for server configuration requirements described as before, to 300Mbps as a minimum requirement , we have recommended 1Gbps bandwidth. At present our team of bandwidth, verify that the node is 1Gbps bandwidth.
3
There are already a lot of things the public chain on the market, how can CPChain the competition among the same type of public-chain?
I think the core is where the ecological boundaries . Things male chain nature of the project relative to similar current difference is mostly reflected in the secondary market performance aspects. But whether the project is a long-term sustainable, or to always return to the floor and Ecological Construction on. At this point, our project there is a certain competitive advantage: Some of the same type of domestic projects, our academic background and resources to our advantage, another point is technical and landing capabilities , we now have with BMW , national Engineering safety Center , the national Center for Supercomputer Center in Changsha , the Node Pacific and Hashquark and other leading institutions to establish a wide range of commercial and ecological cooperation; for some foreign projects, we have the advantage of coming back against the entire Chinese market, things in this direction is a great track.
The key question is how the import of the industry to the outbreak of the occupation of the head of the good market position of the head is the most important issue here is not just the industry in technology bottleneck , more important is to seek incremental users and customers , create a good product experience and meet the rigid requirements of products , products and eco are well-chain project to remain competitive core elements.
CPChain the main network will soon be on the line, we have developed for the use of B and C-terminal PDash products in the future tool products will introduce more functionality, ease of use, excellent service tools, enabling the entire ecosystem development and construction. We actively introduce ecological head ecological partners , to promote the entire community governance , accelerate the developer community and the investor community building and maintenance. After the main Internet line, we will live through a variety of means to promote the application of ecological chain , so that more people use our chain, we have accumulated through prior industry resources, so that more businesses in our chain development applications. War on the side of the block chain project is a long-term war field, we have the ability to sustainable development.
In short, we will be more ecologically play to our strengths, to introduce more partners, openness and win-win!
4
Currently on the market most of the public chain to burn, the lack of a sustainable profit model, as a long-term concern CPChain user community, and want to know what the future CPChain means or methods to be taken to achieve sustainable development, this year there CPChain no profit goals?
Profitability problems that have been of concern to everyone, but from my point of understanding, the problem in the present stage of development may not apply to block chain industry, which is the currency attribute consider the angle more difficult to set up.
If the function token consideration point of view, is the essence of business problems . Profit is an eternal topic for CPChain or, for most of the square block chain project is a test. I think the profit point is nothing more than two, one is the project ground to bring profit , is an eco-active spillover effects , along with eco-active and ecological benefits will exceed the individual benefit, and with a strong border barriers, public chain of economic indicators will show enhanced positive feedback , which is the core advantage of the current head of the public chain of lies.
So, if only from the point of view of this year, then our direction or the market value of the project to achieve the top 100 , which is one of my goals. But in the long term, the development of the secondary market and the performance of the team, relying on the project side to solve the needs of ground service entity capabilities.
Sum up by saying, earn money ecology, landing earn money, profit can be expected .
5
CPChain large-scale commercial floor also how long?
Large-scale commercial floor to depend on many factors, such as the block chain technology is mature enough, the degree of acceptance of the traditional block chain technology industry, the government's position, business and technical side of the project readiness and so on. So here it is to predict the arrival time is actually more difficult. As a side project, after CPChain main chain on the line, our technical preparations have been completed, although there will be after the iteration and constant technological updating, but our infrastructure has been completed.
Time, we have been working with many domestic traditional enterprises, government agencies backgrounds , as well as some other block chain project parties have maintained close ties. So can truly large-scale application landing, in fact, more or to see the big big technological environment and policy environment. If you do an estimate, we think that within the next one or two years for the B-side of things the project is to be expected landing applications. But if we are talking about a million or a million users-level networking applications, landing cycles 2--3 years now.
6
CPChain block chain block out the system needs a fixed IP address?
Generally not. But when the block if modifying IP P2P links may cause instability , rejected a block verification node fails. In general it is not required, as long as the replacement is not in the IP block , if the block replacement may lead to a failure.
7
After the main Internet line, is expected to honor a single node of a block of earnings can reach the number?
In a nutshell: It's hard to predict! This is the number of blocks involved in the relevant. The first year there will be a total of 40 million token as a reward given block block nodes, and can be observed all nodes of the current number of RNode by our browser. These two values can be judged by their earnings. Beta test version of the last main network when the highest rate of return of 25 percent, the average yield estimated at 20% .
8
If CPChain been relying on the pledge (Staking) CPC to allow participants to obtain a relatively high interest rates, from where it CPChain to supplement the earnings in interest rates, this will lead to decline in value of the currency it?
Income from a node to the community , which had set aside in whole CPChain project planning. CPChain pledge divided into two parts, the first part of the pledge is Lock economic node, the number is 20,000 pledge CPC , a three-month four a year, will help the project in liquidity management to make a contribution . The second part of the pledge is a pledge block honor node, the number is 200,000 CPC, accompanied with the charge, will help the project and maintain a stable block on the chain , we reward these two parts is a good start on the design. For community users to contribute, CPC this is taken from the community should also be returned to the community , we do not need to go the extra subsidies.
For distribution this award will lead to decline in value of the currency is no need to worry about, I think. With the public chain on the line and ecology of continuous improvement, we expect the value of the community will be more and more recognition of the project and then agree CPC, as a function of tokens of value. For CPC of secondary market trading, we are convinced that one kind of benign, sustainable trading volume can be accompanied by the development of the project development. Normal trading will result in decline we are not worried about the value of the currency.
9
The first dApp CPChain will be what type it? And when it will be born?
Our PDash platform will continue to improve after the main Internet line, follow the on-line feature-rich in data trading platform. From the ecological level , the main-line after line, we will launch dApp plan and dApp eco-incubation project , encouraging community in actively developing the chain . Please pay attention to our official release platform to understand the follow-up of the latest news. Currently we docked the head of the public chain and professional dApp hatch cooperation agencies and look forward to large-scale migration and incremental users assigned to the main network .
10
In terms of compliance, CPChain what had been done and ready for it?
Compliance is the industry's problems, but also sensitive place, early innovations will consider compliance costs.
In market terms of compliance, before the main chain on the line, we have invited the authority of a third party auditor on project code, compliance has done a better system of advisory services and review services . Ensure legal compliance aspects, CPChain will not have any problems, please rest assured the community.
On the policy front, we follow the policy of national laws, policies do not touch the bottom line, but also welcomed the policy regulation, to embrace policy changes .
11
I heard CPChain also developing their wallets, then, when the main CPChain online line, node earnings could see a piece of it in the CPC wallet?
can!
12
Node needs to block out the pledge of 200,000 CPC, in addition to obtaining a block revenue, it also can obtain the appropriate pledge of earnings?
Can not. We now have two deposit pools, which are economic and honor pool pool . In honor of the pool bet 200,000 into the CPC in order to become honorary node and then get out of the power block. In economic deposit pool user is able to obtain the full year totaled 5 million CPC dividends.
In honor of the pool 20W node deposit is honor node ; node in the pool is a deposit economic economy nodes ; these are two separate identities to each other, a node can be a node economic and honor nodes simultaneously .
13
As things block the ecological chain nodes, decentralized architecture is how to realize the value of CPChain?
Value decentralized architecture in things ecology is very large, and I, for example, now things device so much in 2020, expects the global 30 billion things device is online, and that one of the user data, how to ensure safety and privacy? The traditional center of the platform will inevitably produce leakage and privacy of information overflow. Decentralized solutions , that is, block chain technology , is the perfect solution to this problem. No third-party access to your information, data security naturally get great protection.
The value of the technical aspects of a more critical is that we have a consensus algorithm, made paper, writing patents, of course, the code itself is the value of technology.
14
About tokens pledge have any plans? There are plans to do it wallet?
Pledge program has been launched in our node plan, economic nodes, nodes, and industry honors nodes are involved, in addition for the current growing Defi demand, we will launch targeted financial services products.
15
If the broadband 300m as up and down, then the cost will be very expensive block it?
Broadband not too many requirements, basically you do not need special consideration to this issue. Normal Server on the line, 300M is generally AWS figures show that, based on the fact AWS in many cases not even explain their specific bandwidth is how much, most of the VPS service for its own bandwidth instructions are relatively obscure, the fact that we the demand for bandwidth is not very high , mainly in the block itself is actually not much more time is smaller want to delay, delay, if long, then easily lead to failure of the block, our own validator AWS node that is in t2.large , belongs to the basic configuration.
16
If companies as the industry ecosystem to provide community outreach words to CPC, there are no bonus or a separate cooperation?
We will determine the subsidy rules based on the actual contribution to ecology.
17
Developers dApp in CPChain backbone, based on the difficulty of his life? There is no side project to help provide developers? There are no professional development tools?
Currently we offer explorer to see the current situation chain, API terms have python with rpc two kinds of API .
Help aspects can check our documents, and in github hair on the issue to ask questions, but no special development tools.
18
Currently CPC nodes What? And how to become CPC nodes?
For now our industry has a node block chain operators crowdsourcing platform and node operators Node Pacific, Distributed Intelligent Systems Laboratory, Shanghai Jiaotong University, enterprise-level encryption investment service provider Keystore, Information Security Center, Beijing University of Posts and Telecommunications, the National Supercomputing Changsha center, eco-block chain information platform for big data coin white and so on; if you just want to be ordinary node, we download an executable file on the line, if you want to become honorary node, you need to deposit 20W tokens , if you want to be industry node, please contact us!
19
CPC assigned to the node where the source of income, whether the follow-up set some additional income per year? With the increase in revenue if some nodes will reduce earnings?
Not issuance, the community reserved.
20
CPChain operation is achieved with the device or by subsequent side chain was purified by the main chain?
The first edition of the White Paper does have talked about the side chain, but now we have decided not to support the side chains are carried out in the main chain.
Physical equipment needed to analyze specific issues, generally speaking, networking equipment can be said to be a small microcontroller, can be inserted into an embedded system , in fact, is a small Linux system , we have almost no requirements on the performance of civilian node, As long as there is a little bit of bandwidth to transmit data to the transaction is sufficient.
21
CPChain Things eco-how to develop applications in the actual scene?
Application of industries and applications where there are a lot of cases. The general direction of, the wisdom of travel, smart cities, medical wisdom is that we can be involved in eco-industries. Specific point of speaking, I give some examples, there is the wisdom of traveling electric car pile private sharing, data sharing on auto safety chain . Smart City has a data link public facilities maintenance, no sense of payment , etc., there is wisdom in the medical field pharmaceuticals traceability, medical information desensitization transaction, customization of insurance and so on.
22
CPChain done stress tests related to trading volume on the main network test it?
Stress tests conducted in the beta version of the test in May, if there were concerns our browser, you can see a high volume of transactions. Below is a screenshot of the time.
23
Facebook recently released libra, like the use of consensus and CPChain mechanism similar architecture, ask what characteristics of community governance CPChain, industry nodes and node honor to participate in a block, what are the advantages and contrast libra model eos et PoS?
Indeed there are many similarities! First of Libra to take with us as the basis of BFT consensus mechanism , and has a similar 1000tps throughput. Libra also have their own intelligence contract language the Move , because I did not tried it, do not distinguish between good and solidity of the pros and cons.
The main point of difference is that Libra is the league chain , so essentially individual users is difficult to participate, which they verify that the node to take a whitelist mode settings the same strain. Only recognized by the node to be able to successfully block out. CPChain is essentially a public chain, all nodes can participate . Although we have a certain threshold, but only that the threshold required 200,000 CPC deposit . We also learned the advantages of the alliance chain, which includes industry nodes . These sectors node will have a higher authority. We have consensus on DPoR , compared to traditional PoS, we consider the value of more dimensions . It can be considered PoS DPoR be reduced to one-dimensional version only consider the balance .
24
The second half CPChain What planning?
The second half, for CPChain is a very important year. Because the whole year, the whole market is in a recovery phase, and presents a clear specialization and scenes of the trend. For us, the end of June the main network will be on the line , which is the protection of a technology, but also build the basis of the whole CPChain ecology . After the main Internet line, we will continue to upgrade the main network, and then make sure that the main network for some new scenarios demand . After that, the team will focus from the underlying building into a top development and new product innovation.
From a technical perspective, we hope that after the main line to see online application to produce more on the chain . From the market side, after the main line will certainly be a series of online business promotion and marketing . In the token switch, brand respect and so on, we will gradually increase investment, so that more people understand CPChain this project. From the exchange , we are also very concerned about the whole community for the exchange of voice, so we have to try in the second half on a 1-2 home most of the head of the central exchange . This is the direction we have been working, I think there is no basis for the exchange of the entire ecosystem , which is as important as technology.
Finally, I want to say is: the second half, CPChain subsequent planning, ecological construction is a very important thing, and its importance even beyond the technology, beyond the product, determines the boundary CPChain in the entire system planning, core competitiveness force the user . So, CPChain of investors, ecology, exchanges, Node Manager key areas we are considering. Currently, we are in the top developer ecosystem, we will gradually migrate to carry out the construction of the developer community, for example, we are now implementing the Vulnerability Reward Program , including after the launch dApp plan will go gradually extended to the entire community , extended to the whole application on the chain , also please the whole community concerned about the latest developments of our official, thank you.
The above is all the questions and answers -
Thanks again small community partners CPChain of attention and support! CPChain will launch from time to time AMA Q & A activity, follow-up will continue to disclose more activities, please continue to focus on small partner our dynamic ~