Chinese community ten questions Po.et: how do you prove your value


n

Translation: pencil leadn

n
nPo.et Since the establishment of the Chinese community, by the Chinese community’s enthusiastic attention, many people evaluate Po.et is “small and beautiful”. However, the community has also raised top ten questions about Po.et, including even the “poet code is too small, is a shell project,” the sharp question.Poet Foundation for all the questions and questions given the answer, we come together Take a look at the wonderful interaction between the team and the community.n
n1, since Po.et is based on Bitcoin block chain technology, then why is the release based on the ether square Square of the tokens (the so-called ERC20 tokens) based on the ether tower issued by the bottom of the tokens in the Bitcoin network On use What is the logic of what?n
nn n
nPoet Foundation: Po.et uses several distributed technologies, including bitmap timestamps, file store Bittorent, and upcoming Smart Contracts for Ganoderma lucidum / IPFS. The ERC20 token allows future compatibility with these smart contracts as well as rich purse suppliers and exchange ecosystems.n

n
nTranslation: Po.et uses multiple distributed technologies such as bitmaps to handle timestamps, Bittorent to handle file storage, and soon to use etherboxes / IPFS to handle smart contracts. An ERC20 token can be compatible with the smart contract, you can also build a rich ecology, such as docking purse providers, docking trading platform.n
nn n
n2, Bitcoin network is not known for its transaction speed, then it is excellent enough to support Po.et’s trading needs? Why choose Bitcoin Network? What are the advantages of choosing a coin network?n
nn n
nAnswer: The main advantage of Bitcoin is that it is the world’s most powerful mining network and is the world’s most powerful mining network, a record of reliability and uptime. Bitbox has limited transaction throughput, but this does not cause Po.et problems because Po.et uses only bitmaps to link timestamps rather than data storage, and can use Merkle to be hundreds or thousands Articles are encrypted into trees in a single bit currency transactionn

n
nThe biggest advantage of Bitcoin chain is its security because it is the world’s most powerful mining network and its ability to stably and promptly record trades. The throughput of Bitcoin transactions is limited, But this did not cause any trouble for Po.et. Because Po.et only uses the timestamp of the bittotes without having to store the data. A single use of the Merkel tree’s bit currency transaction can put thousands of articles on the time stamp.n
nn n
n3, what is the main competitor of Po.et? Decent, Steemit or other? What is the difference between the Po.et project? What is the unique competitive advantage?n
nn n
nAnswer: There are already many projects that have built a common timestamp platform such as Tierion, Factom and Stampery. Po.et took the opposite approach, creating a very vertical integration of the first focus on the media and publishing industry, and then once successful, actually being used, then the intention is to extend the platform to other opportunities. The most similar project is Mediachain, which focuses on Spotify’s earlier license to be acquired by Spotify earlier this year.n

n
nThere are a number of projects that are generic timestamp platforms such as Tierion, Factom and Stampery. But Po.et another way, the poet first through the vertical integration of the media and publishing industry, until the project in this stage after the success of the gradual expansion of the platform, extending to other areas of the most similar project is a Mediachain, which focuses on dealing with works of art The license was later acquired by Spotify earlier this year (* Note:. A music player in the United States, similar to QQ / NetEase cloud music).n
nn n
n4, if someone copied your project or even start a similar project, how would you deal with? This may happen in China.n
nnn
nPoet Foundation: As with any open source project, this is a possibility, but one of the key drivers for Po.et is the use of Po.et’s publisher and content creator network. As more and more publishers use the project, using Po.et’s network effect is getting bigger and bigger, and anyone can use the same idea to start a new project.

Leave a Reply

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