2021 Poriot official real-time dynamic report AMA meeting summary summary (2)

PoriotOfficial
4 min readAug 25, 2021

Moderator: After the Poriot mainnet is launched, will ZK be like a certain coin, the online price is not ideal, will the consensus participants who participated in the investment in the early stage be locked up?

Terril (Marketing Director): No. The ZK market mainly includes the following roles: foundations, early incentives, early contribution whitelists (investors), technical teams, communities, miners, exchanges, and secondary market investors. Among them, foundations, early investors, and early miners are the supply side of ZK, and investors in the secondary market are the demand side of ZK; the exchange is both the supply side and the demand side.

For the owners of 10.6% of ZK who are pre-mined at one time, that is, foundations, early investors, early incentives, early contribution whitelists (investors), technical teams, and communities, for them, the early release of ZK is not a lot , A return rate of tens of percent is not the expected value of this group of people; therefore, there is no condition for large-value cash out at this stage, and of course there is no motivation to sell ZK;

For the early miners, some miners are considering earning a stable spread and will consider cashing out in time, but in the early stage most of them will choose to wait and see and see the direction first, so they will not sell in large quantities; and some miners have certain beliefs and dig out. The top mines will not be sold; and Poriot’s block production, in order to avoid the problems of “synchronization node withdrawal caused by reduced heat, decline in application resource carrying capacity, and deterioration of user experience” caused by the simple exponential decay model of the traditional blockchain, Poriot Adopted the network benchmark and mixed index casting mechanism.

As for investors in the secondary market, that is ZK’s incremental fans. The Poriot mainnet launch will push ZK’s attention to the short-term extreme, which will bring in a lot of funds in the market by the way. Both the supply side of ZK will expect the price of ZK to rise sharply. The consensus of the supply and demand sides will bring about the increase of ZK currency, and the actual spot in the market is limited.

Moderator: Everyone knows that after the mainnet of a certain coin, the price dropped again and again. Investors who participated are hopeless. Will ZK also face the possibility that the price will drop again after going online?

Terril: No, it will never happen. Let’s look at the comparison between Poriot and public chain projects of the same level.

First of all, the first one: Poriot can expand the capacity of all parachains in the entire industry and provide solutions for all parachains in the entire industry. This is unprecedented! The second one: Poriot’s first mining 3.0 consensus mechanism POR will provide resource carrying capacity for massive and enterprise-level DAPPs, and will solve the problem of data on-chain for all large enterprises. The third one: Poriot is also the first public chain that superimposes the Internet of Things. It is the first time that mining can generate social benefits!

From these three points, it can be seen that Poriot will definitely become a dark horse in the blockchain industry when compared with public chain projects of the same level! These are enough to ensure that after the Poriot mainnet goes live, the price increase of the token ZK is inevitable. The facts will tell you once again that investment should return to value analysis.

Moderator: After the Poriot mainnet goes live, can the income of miners participating in mining maintain a certain degree of stability?

Terril: Of course, you can maintain stable income, which is a must. The stability of miners’ income depends on the ecological logic of the internal mechanism of the mining machine. The POR mechanism mining machine is no longer just mining to produce coins, the POR mechanism mining machine must have computing power resources, bandwidth resources, storage resources, network resources, and data resources at the same time; and divide the weight of all the resources of the mining machine at least% Eighty serves the ecology and applications on the chain.

As a result, the Poriot public chain is qualitatively different from the Ethereum public chain. The more DAPPs on the Ethereum chain, the greater its load, and the serious lack of space, leading to more and more congestion.

As for the Poriot public chain, the more miners on the chain, the more resources of the miners brought into the market, and the more available resources, the greater the carrying capacity of the chain. The more ecology it carries, the more complete the closed loop of the scene. The output of miners The higher the value of the coin. This is the positive cycle of Poriot ecology.

This kind of ecological logic, as long as Poriot’s mining mechanism, that is, POR has the same proof of resources, the ecological logic will not change, and the ecological logic determines the stability of miners’ income. Therefore, the problem that the mine owners worry about is actually unnecessary. Wait for the continuous innovation of Poriot’s new technology, and then lie down to win.

(To be continued)

--

--

PoriotOfficial

Poriot is a native public chain with a POR mechanism created by combining the advantages of PoS. http://t.me/PoriotGlobal