AERGO's first AMA with CTO (Hunyoung Park) and CEO (Phil Zamani)

Here you have two parts of AERGO's project review:

• Aergo 4th generation highly scalable blockchain p1
• Aergo 4th generation highly scalable blockchain p2

Official website: https://www.aergo.io/
Telegram: https://t.me/aergoofficial
Telegram Announcement channel: https://t.me/aergoannouncements
Twitter: https://twitter.com/AERGO_IO
Medium: https://medium.com/aergo
Linkedin: https://www.linkedin.com/company/teamaergo/
AERGO Whitepaper: https://paper.aergo.io/AERGO_Whitepaper_v5.2.pdf
AERGO CHAIN Whitepaper: https://paper.aergo.io/AERGO_Chain_Technical_Whitepaper_V1.0.pdf

[14:59:56] Aditya P:

AMA starts now.

It is pleasure to introduce:
AERGO CTO @hunyoungpark (Hun) and CEO @philzamani (Phil)

Please go ahead and ask clear and direct questions (only project and tech related questions will be answered)- Hun and Phil will try to answer as many as they can within the hour allocated for our first AMA.

[15:00:04] Hunyoung Park:
Hi guys! I am Hunyoung, CTO of Blocko/AERGO. I am really glad to be here, and I would like to thank everyone to join the channel.

[15:00:05] Phil Zamani:
When whitelist?

[15:00:10] Rich & Happy TM:

Phil Zamani
Hello everyone - Phil here :-)

Hi, Phil 🙂

[15:00:18] Amusing Clown:
Hello.

[15:00:25] Phil Zamani:
Only joking - these are not the questions we want today !

[15:00:26] Elmira:
Hello
Tell me please:

Do I need to be a node to create a new repository?

If I deploy my own blockchain with my personal consensus algorithm (not DPOS), how will this network work and who will support it in AERGO Chain?

[15:00:33] we1der:
Hello guys!

[15:00:37] Rich & Happy TM:

Phil Zamani
When whitelist?

Ahahah :+1

[15:00:42] Roar:
I greet you Phil Zamani and Hunyoung Park
I have a couple of technical questions:

1. Is access to AERGO HORDE possible only through AERGO OS? If not, then why do we need AERGO OS?

2. Does the developer have to be a Node and use AERGO HORDE to gain access to the AERGO HUB repository?

3. Is there any news about the "RewarDrop Geographic Enablers Software", has anyone chosen already or is the selection process just beginning?

[15:00:50] Amusing Clown:
What is the advantage of AERGO over the IBM Blockchain platform, Azure(Microsoft), SAP Platform Blockchain, Autonomous Blockchain Cloud Service(Oracle)? Although the products of these organizations are at different stages of development, PaaS is also in their offer. In addition, the use of the model DPOS poses a threat to the decentralization.

[15:01:07] Hunyoung Park:
Before we go on, please understand that English is not my mother tongue and it would take little time for me to digest the quetions. I will try to address as many technical questions as possible.

[15:01:29] Phil Zamani:

Roar
I greet you Phil Zamani and Hunyoung Park I have a couple of technical questions: 1. Is access to AERGO HORDE possible only thr...

1. No selections yet

[15:01:29] Van 3:
What does it mean name Aergo, When it was invented?

[15:01:45] ACQ:
Hi, Phil Zamani and Hunyoung Park
My questions:

1. What happens if many developers choose a large number of Nodes through the HUB interface at the same time to maintain and deploy their dApps?
2. I want to create my own blockchain on the AERGO platform for application development. Should I buy AERGO NODES or is it enough to buy computing power?

[15:01:47] Dobrodel:
Hello!

1. What are its competitors in the blockchain environment. Why will AERGO be better and more popular on the market?

2. How are you going to implement your product into the corporate environment? What will motivate the transition of business processes to blockchain? Business there are always secrets in front of competitors - how will be solved this problem?

[15:02:15] Anny goes crypto:
Hello,
Hey, there is Repositories section in Technical WP (private/public, syntax and semantics, merging and branching etc.). Questions is - these repositories contain code of blockchains or they are only for dApps code/smart contracts?

[15:02:17] Fresh:
Hi, Phil Zamani and Hunyoung Park
My questions:

1. If an enterprise launches its own blockchain/sidechain on the AERGO platform, can they use out of the box solutions or can they create their own blockchain?
2. Configuring my blockchain happens automatically as soon as a consensus algorithm is determined, the number of Nodes, etc... and after that, if I want to make any changes to my blockchain, is it possible to do this through AERGO HUB?

[15:02:59] Phil Zamani:

Amusing Clown
What is the advantage of AERGO over the IBM Blockchain platform, Azure(Microsoft), SAP Platform Blockchain, Autonomous Blockchai...

These are all great platforms - some are very early stage - others later stage - Aergo is better!

[15:03:17] Juris J:
Dear Phil, you, and your team, are organized quite an interesting tasks and airdrop for community and now you can find a lot of videos on YouTube, articles on medium and steemit, facebook, Aergo is everywhere. What else do you expect from the community when Aergo will go live?

[15:03:47] Phil Zamani:

Phil Zamani
These are all great platforms - some are very early stage - others later stage - Aergo is better!

Aergo is built by blockchain experts and all we do is blockchain (we do not sell databases or Watson or MS Office)

[15:04:11] Anna:

Phil Zamani
Aergo is built by blockchain experts and all we do is blockchain (we do not sell databases or Watson or MS Office)...

Hello, Phil. There were several discussions on this topic, so I would like to hear the answer from you)
What is the main difference between Aergo and coinstack? Except that the main chain of Aergo, unlike coinstack, is open)

[15:04:31] Hunyoung Park:

Roar
I greet you Phil Zamani and Hunyoung Park I have a couple of technical questions: 1. Is access to AERGO HORDE possible only thr...

A: Aergo OS will be a simple agent. and the architectures will be changed. We will release article soon about aergo horde architecture

[15:04:44] AB CryptoLamer:
Hello, Phil and Hun! Sceptics're always asking: Why does the market need aergo if there's Blocko - whery succsessful company with working product and backing from different venture companies? Can you explain it them once again?

[15:05:00] Vasiliy:
Hi Phil! Can you tell how aergo's sql-like language is progressing? Couldn't find it on github

[15:05:05] Phil Zamani:

Anna
Hello, Phil. There were several discussions on this topic, so I would like to hear the answer from you) What is the main differe...

Aergo takes coinstack much further - see coinstack as the baseline and Aergo as the next generation

[15:05:11] Austin:

Phil Zamani
Hello everyone - Phil here :-)

Hi Phil

[15:05:13] AM:
Hi, Phil) AERGOMAN is asking: is the high speep 1 mln tps is possible, and when it can be proved in mainnet? Do we use sharding?

[15:05:13] Hunyoung Park:

1. Does the developer have to be a Node and use AERGO HORDE to gain access to the AERGO HUB repository?

A: Aergo Horde is for node providers, not individual users. Deveolpers just enjoy hub service.

[15:05:44] AB CryptoLamer:

Vasiliy
Hi Phil! Can you tell how aergo's sql-like language is progressing? Couldn't find it on github...

+++
And what about It's safety and security?

[15:06:19] Phil Zamani:

Juris J
Dear Phil, you, and your team, are organized quite an interesting tasks and airdrop for community and now you can find a lot of...

Anything that helps our future stakeholders to understand and perhaps use Aergo (developers - block providers - technology partners - system integrators and of course customers!)

[15:06:22] we1der:
Phil and Hun, on the test net phase you will be release your own wallet for aergo? Or it will be on main net phase?

[15:07:12] Ann Si:

Phil Zamani
Aergo takes coinstack much further - see coinstack as the baseline and Aergo as the next generation...

Hello Phil))
Tell me please, who do you think is the closest competitor of the project? and what are the advantages of Aergo?

[15:07:33] Phil Zamani:

Dobrodel
Hello! 1. What are its competitors in the blockchain environment. Why will AERGO be better and more popular on the market? 2....

1. Many companies are trying to compete in this space 2. I will publish an article on medium in the next 48hrs to reveal our “secret sauce”!

[15:07:37] Vladislav L:
Hi Phil! Are you planning to introduce AERGO to a huge market in the USA?

[15:07:37] Alexandr:
Hello. I am wondering from which country (or region of the world) besides Korea is the expansion/expansion of Aergo planned as a company? I mean the opening of offices, conducting training (presentations) on Aergo, cooperation with local companies or even with governments.

[15:07:45] Hunyoung Park:

ACQ
Hi, Phil Zamani and Hunyoung Park My questions: 1. What happens if many developers choose a large number of Nodes through the HU...

1. What happens if many developers choose a large number of Nodes through the HUB interface at the same time to maintain and deploy their dApps?

A: Hub is really working as a hub. Every workload will be designated to each node providers.

1. I want to create my own blockchain on the AERGO platform for application development. Should I buy AERGO NODES or is it enough to buy computing power?

A: You can use Hub service. You can find everything in there. But without it. you can connect to network by BPs and our wallets

[15:08:03] Phil Zamani:

Van 3
What does it mean name Aergo, When it was invented?

Aergo = success / created months ago

[15:08:47] Van 3:

Phil Zamani
Aergo = success / created months ago...

tkank you, sound great

[15:09:11] Phil Zamani:

AB CryptoLamer
Hello, Phil and Hun! Sceptics're always asking: Why does the market need aergo if there's Blocko - whery succsessful company wit...

Aergo is like Linux: a platform / Blocko wasn’t to be like Red Hat: leader in enterprise global support

[15:09:17] Elena:
Hi, I can not understand this:

SQL is the main programming language for databases, but how can it be used for distributed computing? This is an incomprehensible moment for me.

The concept of «best block» means the last block in the blockchain?

[15:09:58] Vasiliy:
Also, how does litetree factor into larger aergo ecosystem? What's it's supposed to do in aergo

[15:10:02] Rich & Happy TM

Phil Zamani
Aergo is like Linux: a platform / Blocko wasn’t to be like Red Hat: leader in enterprise global support

+1

[15:10:04] Oleksandr:
Will Aergo use Aergo token for smartcontract like Ethereum or some additinal token like NEO?

[15:10:39] AB CryptoLamer:

Phil Zamani
Aergo is like Linux: a platform / Blocko wasn’t to be like Red Hat: leader in enterprise global support...

+1 Thanks a lot, Phil!

[15:10:46] Phil Zamani:

Vasiliy
Hi Phil! Can you tell how aergo's sql-like language is progressing? Couldn't find it on github...

It’s nearly ready to ship - more details soon (in matter of weeks only!)

[15:12:09] Vasiliy:

Phil Zamani
It’s nearly ready to ship - more details soon (in matter of weeks only!)...

Can you describe tool stack you use developing it?

[15:12:12] Phil Zamani:

AB CryptoLamer
+++ And what about It's safety and security?...

Safety and security are central to our strategy - please read our technical white papers and we will share more in due course - some of the people working on Aergo are global security experts!

[15:13:05] ACQ:

Hunyoung Park

1. What happens if many developers choose a large number of Nodes through the HUB interface at the same time to maintain and dep...

Great! Many thanks

[15:13:17] Folorunsho:
Hello
My question is this:
There are other blockchain protocols in the market who are dedicated to bridging the gap between centralized organizations and blockchain technology. How does Aergo plan to win over a fair share of the market who have already signed up for other network and what are the marketing measures put in place to encourage enterprises to use the Aergo platform?
Thank you

[15:13:49] Ann Si:
Is it true that in the future the client can choose a consensus protocol in the side chain itself, if he does not want his application to work on the main AERGO circuit? if so, how will it be done?

[15:14:45] Phil Zamani:

we1der
Phil and Hun, on the test net phase you will be release your own wallet for aergo? Or it will be on main net phase?...

Wallet will be released later this year - connecting to mainnet early next year

[15:15:10] Hunyoung Park:

Fresh
Hi, Phil Zamani and Hunyoung Park My questions: 1. If an enterprise launches its own blockchain/sidechain on the AERGO platform,...

It works both ways. Most of enterprises want their system behind the firewall and to be hidden, but others want to work on cloud environment. We are planning to support both types of needs.

Yes, you can do it. You will love it.

[15:15:20] we1der:

Phil Zamani
Wallet will be released later this year - connecting to mainnet early next year...

Thank you

[15:15:28] Phil Zamani:
We are amazed how many techical and detailed questions we are receiving. We will provide as detailed answers as quickly as we can . Thank you community! If we are too slow in answering we will pick these up offline and share here on telegram

[15:15:28] Austin:
Hi Phil, you mentioned in the last interview with Token tank that you will be launching a game along with 10 other dApps. So, is there a schedule when we can expect DApps on Aergo?

And about "Captain AERGO"? Will this be similar to how loom is launching games?

[15:15:59] AM:

AM
Hi, Phil) AERGOMAN is asking: is the high speep 1 mln tps is possible, and when it can be proved in mainnet? Do we use sharding?...

Ok, if my question about speed is ignored, so can you tell me what kind of Music Do You Prefer, Phil?))

[15:16:07] Gleba:

Phil Zamani
Wallet will be released later this year - connecting to mainnet early next year...

Hi) please tell me why you do not post on the forum
"sfblockchainweek" ??

[15:16:35] Anna:

Phil Zamani
Aergo takes coinstack much further - see coinstack as the baseline and Aergo as the next generation...

Thank you, Phil

[15:16:52] Fresh:

Hunyoung Park

1. It works both ways. Most of enterprises want their system behind the firewall and to be hidden, but others want to work on c
   Thanks a lot

[15:17:35] Phil Zamani:

Ann Si
Hello Phil)) Tell me please, who do you think is the closest competitor of the project? and what are the advantages of Aergo?...

Perhaps IBM - many wannabees but little in production - Blocko has perhaps second most production blockchains after IBM - many deployments - millions of users

[15:17:37] AM:
... and what do you think about hashgraph technologies?) it really can kill blockchain?

[15:18:21] Phil Zamani:

Alexandr
Hello. I am wondering from which country (or region of the world) besides Korea is the expansion/expansion of Aergo planned as a...

Korea - China - Uk - Germany (first wave) - USA and other next

[15:18:21] Ann Si:

Phil Zamani
Perhaps IBM - many wannabees but little in production - Blocko has perhaps second most production blockchains after IBM - many d...

Thank you very much))

[15:19:09] Phil Zamani:

Vasiliy
Also, how does litetree factor into larger aergo ecosystem? What's it's supposed to do in aergo

It opens up the potential for 8.5million sql developers and database admins to get into blockchain !

Oleksandr
Will Aergo use Aergo token for smartcontract like Ethereum or some additinal token like NEO?

Aergo token is like gas

[15:20:47] Amusing Clown:
Does Bloсko participation in the enterprise ethereum alliance affect the product development process?

[15:21:04] Happy Dragon:
Phil, do you have already agreement or confirmed partners to become producers? if you can talk about it of course.

[15:22:05] Phil Zamani:

Vasiliy
Can you describe tool stack you use developing it?

Our development stack is called SHIP - this will be presented next week at a developer conference in USA - more details will follow

[15:22:14] Hunyoung Park:

AM
... and what do you think about hashgraph technologies?) it really can kill blockchain?

I think DAG needs some review. Ideas not validated yet.

[15:23:01] Roar:
Phil Zamani and Hunyoung Park
Thanks you very much for the detailed answer! +1

[15:23:45] Rich & Happy TM

Phil Zamani
Perhaps IBM - many wannabees but little in production - Blocko has perhaps second most production blockchains after IBM - many d...

Phil, who do you think are the real competitors of the AERGO outside the crypt world? 🤔

[15:24:30] Phil Zamani:

Happy Dragon
Phil, do you have already agreement or confirmed partners to become producers? if you can talk about it of course.

These are active discussions - we will share more info in due course

[15:24:56] AM:

Hunyoung Park
I think DAG needs some review. Ideas not validated yet.

Thnx) i know some guys from the popular project .. and they are very ambitious too)

[15:25:17] Hunyoung Park:

Amusing Clown
Does Bloсko participation in the enterprise ethereum alliance affect the product development process?

We are not participating in the EEA any more. We decided not to use EVM and use our proprietary VM.

[15:25:38] Dima SummerIce:
Term "repositories" is used in such a wide meaning through WP it is really hard to understand what it refers to.
Can you please specify, if users can manage blockchain(sidechains) code in repository, or only code for dApp/smart contracts?

[15:25:42] Phil Zamani:

Austin
Hi Phil, you mentioned in the last interview with Token tank that you will be launching a game along with 10 other dApps. So, is...

Many DApps in progress - we will only release when these are ready - captain Aergo is a super cool mega scale game platform - watch this space !

[15:26:04] itai:
Will Aergo also cater to "small scale" businesses, for example I have friends will small businesses such as house architecture, flower shop, etc... And they wish to start receiving crypto payments as well as simply enter into this new revolutionary world of Crypto. So Aergo will allow those small businesses to enter? Is it not only applicable to big enterprises? Thanks.

[15:26:36] K R:
Who do you think is Aergo's main competitor ?

[15:26:38] AM:

Phil Zamani
Many DApps in progress - we will only release when these are ready - captain Aergo is a super cool mega scale game platform - wa...

is it already working product?
Captain Aergo

[15:27:32] Phil Zamani:

Folorunsho
Hello My question is this: There are other blockchain protocols in the market who are dedicated to bridging the gap between cent...

We will explain our secret sauce approach in the medium article in next two days - in short - we know what we are doing and have done this many times over!

AM
Ok, if my question about speed is ignored, so can you tell me what kind of Music Do You Prefer, Phil?))

Soul music (Luther Vandross and a bit of opera!)

[15:28:44] Folorunsho:

Phil Zamani
We will explain our secret sauce approach in the medium article in next two days - in short - we know what we are doing and have...

Thanks for the answer. Waiting for more updates from you guys:+1::+1::+1:

[15:29:02] Phil Zamani:

itai
Will Aergo also cater to "small scale" businesses, for example I have friends will small businesses such as house architecture,...

Yes - the platform can be used my small Smb and up to very large companies - we are codifying much of our know how into deployment blueprints to make everything much easier - weeks to build versus montyhs

[15:29:03] Hunyoung Park:

Dima SummerIce
Term "repositories" is used in such a wide meaning through WP it is really hard to understand what it refers to. Can you please...

You can see many ‘repositories’ in WPs. Let me explain. We use the word ‘repository’ for:

1. Public Chain: partial chain for public chain’s multi chain environments(main chain is a notary chain, and each repositories can be an individual chain)
2. Hub: This is a very similar to github’s repository. and it contains all the network’s data. But Hub doesn’t store all the nodes. It just shows where and how to connect that blockchain network(in repository). So you can get all data and dapp code/smart contracts if you have the right privileges.

[15:29:16] <-ThomaS->:

Hunyoung Park
We are not participating in the EEA any more. We decided not to use EVM and use our proprietary VM.

Hi, Hunyoung, hi, Phil! Who do you consider your main competitors?

[15:29:34] Vladislav L:

Rich & Happy TM
Phil, who do you think are the real competitors of the AERGO outside the crypt world? 🤔

watch the chat, Phil said that is possible IBM

[15:29:39] Art Cool:
+1

[15:29:52] Iceman:
@philzamani Are there plans In place to avoid collusion between block producers ?

[15:30:32] Amusing Clown:

Hunyoung Park
We are not participating in the EEA any more. We decided not to use EVM and use our proprietary VM.

ty

[15:30:49] Phil Zamani:

Amusing Clown
Does Bloсko participation in the enterprise ethereum alliance affect the product development process?

No - alliances and consortia seldomly innovate anything - we focus 100% of our efforts on customers - developers and tech!

[15:31:07] Iceman:

Iceman
@philzamani Are there plans In place to avoid collusion between block producers ?

Like the issue with EOS currently regarding cartelization of the governance

[15:31:24] AM:

Phil Zamani
Soul music (Luther Vandross and a bit of opera!)

Interesting taste, thnx) so may be "i feel good" can be Aergo soundtrack:joy:

[15:31:44] Rich & Happy TM

Vladislav L
watch the chat, Phil said that is possible IBM

Ну, извини, бро Я за рулём, не успеваю вести, листать и читать 🤷🏻♂

[15:31:50] itai:

Phil Zamani
Yes - the platform can be used my small Smb and up to very large companies - we are codifying much of our know how into deployme...

Thank you! This is why I am excited to be a part of this. I've been waiting for the "right" way to start taking my community into crypto, and Aergo feels like it. We have over 2 dozen small businesses within our community and we can't wait to enter. Goodluck to everyone!

[15:32:01] Phil Zamani:

K R
Who do you think is Aergo's main competitor ?

IBM and perhaps new entrants who may come to market later!

[15:33:04] Amusing Clown:

Phil Zamani
No - alliances and consortia seldomly innovate anything - we focus 100% of our efforts on customers - developers and tech!

got it. ty.

[15:33:37] AM:

Phil Zamani
IBM and perhaps new entrants who may come to market later!

IBM ... so Stellar is a competitor too)

[15:33:51] Iceman:

AM
IBM ... so Stellar is a competitor too)

Nope

[15:34:00] Nik:
What is the minimum number of tokens needed for a node?

[15:34:09] Asit Tiriya:
How can I use the Aergo Marketplace if I build my own dApp and want users to actually use that ?

[15:34:11] Dmytro Chigurovich:

Iceman
Nope

can u help ?

[15:34:14] Paul Emmanuel:
Hi Phil, why did Aergo choose DPOS as consensus algorithm ? Why not POW or POS? Most projects are moving to PoS why DPOS ?

[15:34:27] AM:

Iceman
Nope

+1

[15:35:31] Nik:

Nik
What is the minimum number of tokens needed for a node?

Hi Phil.

[15:35:50] Basov Maxim:
Phil, can you tell us about the people working on the project, what is their contribution?

[15:36:00] Hunyoung Park:

Nik
What is the minimum number of tokens needed for a node?

You don’t need tokens for node. You can be a node anytime.

[15:36:09] Ann Si:

Phil Zamani
No - alliances and consortia seldomly innovate anything - we focus 100% of our efforts on customers - developers and tech!

Now there are a large number of projects that promise a lot, and therefore many investors have doubts about Aergo. Please tell me why Aergo can be trusted, what plans does the project have in the future and how will you ensure its success?)) Thanks 🤗

[15:36:20] Asit Tiriya:
Also how will staking work in Aergo. I did not find much info on this in the WP?

[15:36:32] Iceman:

Iceman
@philzamani Are there plans In place to avoid collusion between block producers ?

@hunyoungpark ?

[15:36:37] Alexandr:
One of the features of cryptocurrencies is decentralization and resistance to censorship.
Will there be a blocking/freezing of the account (wallet) of the user of AERGO, if it becomes known that he is may be a fraudster (or suspicion in criminal)? What is the procedure for making a decision on blocking?

[15:37:06] Phil Zamani:

K R
Who do you think is Aergo's main competitor ?

A bit more colour here...there are many public or private or interconnect blockchain projects - NOBODY is doing exactly what Aergo will attempt: combine four complementary approaches to build a full platform 1. Hybrid blockchain (public + private + side chains in an N-Tier architecture model)...2. Advanced state of the art software development techniques including using micro services and serverless cloud deployment models 3. Open source platform and open source methodology and approach (incl licensing) and finally 4. Many years of deployment expertise shared as “deployment blueprints” to allow developers and business to build complex decentralised blockchain based ecosystems in a matter of weeks or a few months only - they key here is to make a very complex platform easy to use and deploy - this is why we call AERGO a Fourth Generation Platform!

[15:37:08] Nik:

Hunyoung Park
You don’t need tokens for node. You can be a node anytime.

that's good, thanks.

[15:37:25] Phil Zamani:

AM
IBM ... so Stellar is a competitor too)

Yes

[15:37:36] Hunyoung Park:

Iceman
@hunyoungpark ?

AERGO Foundation will monitor every BP during the incubation phase. We will actively help community to select the honest BPs, using our reserve. We would not tolerate any malicious actions against the main network.

Paul Emmanuel
Hi Phil, why did Aergo choose DPOS as consensus algorithm ? Why not POW or POS? Most projects are moving to PoS why DPOS ?

Because we are focusing on enterprise level dapps, so we need performance and Quality of Service. We cannot use POW definately, POS needs some more improvements.

[15:38:05] Art Cool:
+1

[15:38:17] Asit Tiriya:

Phil Zamani
A bit more colour here...there are many public or private or interconnect blockchain projects - NOBODY is doing exactly what Aer...

This is great, ty!

[15:38:18] Green PlayGame.com:
The next level play

[15:38:22] Paul Emmanuel:

Hunyoung Park
Because we are focusing on enterprise level dapps, so we need performance and Quality of Service. We cannot use POW definately,...

OK... Thanks.

[15:39:00] Happy Dragon:
Hunyoung, can we wait some activities for developers like a hackathons or other way to corporate with AERGO team and that in the future best ones became hired to your developers team? :smiley:

[15:39:24] Phil Zamani:

Basov Maxim
Phil, can you tell us about the people working on the project, what is their contribution?

We have amassed a bleeding edge team of blockchain and open source/enterprise experts (over 50 people now) - some of these developers actually wrote some of the code the internet is built on - like GNU, Linux, Apache and Openstack - we are going to try to double our R&D team every 6-9 months over the next few years - we are looking to hire more - if you know people who want to help create the internet 3.0 future - get them to contact us please !

[15:41:00] Iceman:

Hunyoung Park
AERGO Foundation will monitor every BP during the incubation phase. We will actively help community to select the honest BPs, us...

And there punishments for colluding producers in the future?

[15:41:19] Hunyoung Park:

Happy Dragon
Hunyoung, can we wait some activities for developers like a hackathons or other way to corporate with AERGO team and that in the...

Sure, we are planning some events for developers. Developers are very important to us. and if you want to participate in developing our project, We are always hiring good developers! Connect to us via [email protected] 🙂

[15:41:33] Basov Maxim:

Phil Zamani
We have amassed a bleeding edge team of blockchain and open source/enterprise experts (over 50 people now) - some of these devel...

Thank you!

[15:41:48] Iceman:

Phil Zamani
We have amassed a bleeding edge team of blockchain and open source/enterprise experts (over 50 people now) - some of these devel...

What future positions would be opened ? :grin:

[15:42:22] Leonid LEO83:

Phil Zamani
We have amassed a bleeding edge team of blockchain and open source/enterprise experts (over 50 people now) - some of these devel...

Good evening, Phil Zamani!

Earlier you said that the future of the blockchain and business will be behind open source technologies.

But at the same time, you are creating blockchains on a hybrid form (hybrid systems): combining the high bandwidth of private blockchains and the security of public blockchains

Is this the opposite opinion?
And what is a hybrid system for you?

[15:42:28] Dy Sy:
Hi Phil! Not only industry need easy to use blockchain infrastructure academia need this tehnology as well any feedback so far from this area ?

[15:42:46] Iceman:

Happy Dragon
Hunyoung, can we wait some activities for developers like a hackathons or other way to corporate with AERGO team and that in the...

+1
Will you guys need ML/DL engineers in the future or you have enough of them already ?

[15:43:05] Phil Zamani:

Ann Si
Now there are a large number of projects that promise a lot, and therefore many investors have doubts about Aergo. Please tell m...

Hello Ann - you (and Ivan, Vladislav, Vasily, and Rich and Happy and Stsoen are amongst of our most active Russian community members (our community vectors analysis tool is tracking you :) - great question. I know the Aergo team very well and it has some of the best developers and business development people i have worked with over the past 35 years (I started work at the age of 2 so am 37 !) - they can be trusted - our tech can also be trusted - watch this space!

[15:43:30] Hunyoung Park:

Iceman
And there punishments for colluding producers in the future?...

Yes, there will be we are working on different options and there will be punishments for colluding.

[15:44:32] Rich & Happy TM

Phil Zamani
Hello Ann - you (and Ivan, Vladislav, Vasily, and Rich and Happy and Stsoen are amongst of our most active Russian community mem...

Thank you!

[15:45:18] Phil Zamani:

Asit Tiriya
Also how will staking work in Aergo. I did not find much info on this in the WP?

Staking is a complex thing to understand and implement well - we are working on a number of different approaches to see what works best for the developers - the block producers and the whole platform/ecosystem - we will share more about this when our test phase is over - we want to do things right (so may be slow from the outside - but just like the Germans say - “we make things right - we don’t need to be the fastest!”)

[15:45:45] Evgenij:
Hello, team! What does SQL means in AERGO? Is it like the usual "structured query language" or any other additional things?

[15:46:07] Phil Zamani:

Rich & Happy TM
Thank you!

Your welcome - Leonid and Juris too (ps the community vector analysis tool noticed you did not switch your video camera off - ouch!)

[15:46:15] Hunyoung Park:

Iceman
+1 Will you guys need ML/DL engineers in the future or you have enough of them already ?

Yes. We will definitely need ML/DL engineers in the future. Please stay tuned for the updates!

[15:46:34] Phil Zamani:
Pls secure your networks guys (and gals!)

[15:46:43] Iceman:

Hunyoung Park
Yes, there will be we are working on different options and there will be punishments for colluding.

Thank You.

That's one of the things I fear about DPos

[15:46:44] Rich & Happy TM

Phil Zamani
Your welcome - Leonid and Juris too (ps the community vector analysis tool noticed you did not switch your video camera off - ou...

+1

[15:46:50] Roar:
Phil, what would you like to tell us more new additional information about which we need to know?
And still many companies with which I discussed the AERGO technology ask me: "What does the process of transition from our old system to AERGO technology look like?"
Is there at least approximate information that I need them to answer this question?
Sorry for my English, but I have to learn this in order to successfully attract large TELCO companies in Russia, such as MTS (78 million users)

[15:47:26] Iceman:

Hunyoung Park
Yes. We will definitely need ML/DL engineers in the future. Please stay tuned for the updates!

Good :smiley:.
I'll stay tuned to all newsletters.

And start thinking of how to help

[15:47:31] Phil Zamani:

Evgenij
Hello, team! What does SQL means in AERGO? Is it like the usual "structured query language" or any other additional things?

It’s a form of special type of SQL built for blockchain - “call it back to the future “ for 8.5 million SQL developers

[15:47:50] Hunyoung Park:
We will lauch developer’s portal in the near future, you guys will get enough information in there

[15:48:15] Asit Tiriya:

Phil Zamani
Staking is a complex thing to understand and implement well - we are working on a number of different approaches to see what wor...

Oh i see, thanks for sharing.

[15:48:53] Basov Maxim:
Phil, how do you see the blockchain ecosystem in a few years and what place are you going to occupy in this ecosystem?

[15:48:57] Phil Zamani:

Alexandr
One of the features of cryptocurrencies is decentralization and resistance to censorship. Will there be a blocking/freezing of...

We are looking into these form of potential issues - we will share more when we are ready - bottom line decentralisation has to have the right incentives to make the whole model work

[15:49:11] JAMES KEANU:
What market Aergo targeting for? When can we deploy Dapp on Aergo Blockchain ?

[15:49:20] Iceman:

Phil Zamani
Staking is a complex thing to understand and implement well - we are working on a number of different approaches to see what wor...

I love germans

[15:49:25] Asit Tiriya:

Hunyoung Park
We will lauch developer’s portal in the near future, you guys will get enough information in there...

Wow, would love to test this

[15:49:25] DJ Chahal:

Hunyoung Park
We will lauch developer’s portal in the near future, you guys will get enough information in there...

thank you, we are also highly interested in AERGOSQL. We understand there will be workshops, tutorials and online videos for the language.

[15:50:06] Hunyoung Park:

Asit Tiriya
Wow, would love to test this...

Thank you!

[15:50:39] Ann Si:

Phil Zamani
Hello Ann - you (and Ivan, Vladislav, Vasily, and Rich and Happy and Stsoen are amongst of our most active Russian community mem...

Thank you Phil, for the good words and for your answer)) We are happy to support such a strong project as Aergo))

[15:50:42] Hunyoung Park:

DJ Chahal
thank you, we are also highly interested in AERGOSQL. We understand there will be workshops, tutorials and online videos for the...

Sure, I’m planing to release some tutorial video clips.

[15:51:04] Phil Zamani:

Leonid LEO83
Good evening, Phil Zamani! Earlier you said that the future of the blockchain and business will be behind open source technolog...

Great question Leonid and good job in the Russian community! In simple words - we will combine the best of both worlds to provide pragmatic and useful solutions - we are not religious about anything (other than serving our customers well!) - please see detailed paper on this subject on Medium in next 48 hours (if Alex wakes up and finishes his work in time ;-)

[15:51:07] Austin:

Phil Zamani
Many DApps in progress - we will only release when these are ready - captain Aergo is a super cool mega scale game platform - wa...

Ooh :joy:.. I really hope so :heart_eyes:

[15:51:13] DJ Chahal:

Hunyoung Park
Sure, I’m planing to release some tutorial video clips....

Excellent. I have background in SQL and relational database.

[15:51:21] Restyle:
Hi Phil,
I’m wondering if there is any conflict of interests between Blocko and Aergo.
Will Blocko continue marketing their own private solutions?
I mean, imagine some company needs a private blockchain. Where both Blocko and Aergo can arrange it.
Who would get the client? How that would be resolved between your partner companies?

[15:52:09] Alexandr:

Phil Zamani
We are looking into these form of potential issues - we will share more when we are ready - bottom line decentralisation has to...

Thanks! Good AMA and cool answers)

[15:52:34] Phil Zamani:

Iceman
What future positions would be opened ?

We will hire anybody who is motivated, Skilled and wants to make an impact - from30years of experience in software development to young boys and girls who want to get into this exciting new world - just apply if you think you are up to this!

[15:53:39] Vladislav L:
Phil, I understand correctly that if any government wants to make a elections on the blockchain (like a village in Korea that has already made elections via Blocko), then they will have to buy tokens to pay for your services?

[15:54:26] Phil Zamani:

Dy Sy
Hi Phil! Not only industry need easy to use blockchain infrastructure academia need this tehnology as well any feedback so far...

vey good point Dy Sy - we are in discussions with some of the leading university computing and maths departments at some top universities to see if they want to cooperate - we are also talking directly to one of the G7 countries about helping them to secure their cyber estate and many millions of public records - this in not a joke - this is not a PoC - it’s REAL!

[15:55:17] Leonid LEO83:

Phil Zamani
Great question Leonid and good job in the Russian community! In simple words - we will combine the best of both worlds to provid...

+1

[15:55:17] Phil Zamani:

Roar
Phil, what would you like to tell us more new additional information about which we need to know? And still many companies with...

Telco and hosting partners are strategic targets for AERGO - more on this in an upcoming article...

[15:55:38] Evgenij:

Phil Zamani
It’s a form of special type of SQL built for blockchain - “call it back to the future “ for 8.5 million SQL developers...

Good idea. But can you create turing complete smartcontracts by SQL?

[15:56:06] DJ Chahal:

Evgenij
Good idea. But can you create turing complete smartcontracts by SQL?
+1

[15:56:12] Phil Zamani:

Elmira
Hello Tell me please: Do I need to be a node to create a new repository? If I deploy my own blockchain with my personal con...

Your own blockchain will work in parallel to the AERGO main chain. Your blockchain will be anchored to the AERGO main chain for trust. The developer will have full control over the rate in which block headers are communicated to the main chain for absolute trust. Meanwhile, developers deploying their own blockchain will be able to access the IT resources they need for their blockchain network and application via Hub + orchestrated by Horde.

[15:56:40] Basov Maxim:
Phil, how do you want to attract companies to your platform, considering that this is something new for them, are there any incentives for this?

[15:57:18] K R:
What threats do you forsee for Aergo ? Either in terms of technology,market,competition and espcially over come competetion from majors like IBM and SAP which are devoloping blockchains for enterprises and they are already into enterprise software platforms ?

[15:57:35] Hunyoung Park:

Evgenij
Good idea. But can you create turing complete smartcontracts by SQL?

We are not just providing PL/SQL(PL/SQL is turing complete also… anyway), we provide 2 types of smart contracts and they are turing complete. and we will ad SQL feature(DB feature) to the smart contract languages. You can see the article about it soon.

[15:57:45] Phil Zamani:

Basov Maxim
Phil, how do you see the blockchain ecosystem in a few years and what place are you going to occupy in this ecosystem?

History does not repeat itself but in IT it rhymes - we will probably end up like cloud computing - 5-7 major players and many smaller wannabes - AERGO will be in the first category (we hope!)

JAMES KEANU
What market Aergo targeting for? When can we deploy Dapp on Aergo Blockchain ?

No specific markets (yet) - we focus on real life and near term useage patterns that can be applied to many industries - like data management storage, identity and access management, document stamping, IoT, voting, trading systems etc..

[15:59:58] Iceman:

Phil Zamani
We will hire anybody who is motivated, Skilled and wants to make an impact - from30years of experience in software development t...

30 years.
I'm not even up to that

[16:00:03] **Evgenij:

Hunyoung Park
We are not just providing PL/SQL(PL/SQL is turing complete also… anyway), we provide 2 types of smart contracts and they are tur...

Why has nobody thought using SQL for smart contracts before?

[16:00:10] Phil Zamani:

Dobrodel
Hello! 1. What are its competitors in the blockchain environment. Why will AERGO be better and more popular on the market? 2....

Thanks to our strategic partner Blocko, AERGO has the privilege of 4 years blockchain enterprise IT experience - deploying in-production scale blockchain solutions for enterprise, financial institutions and the Korean government. AERGO’s open source technology will offer enterprises “solution” and “deployment” blueprints to ease the development of commercially viable dApps and integration into existing enterprise IT infrastructure via smart oracles.

[16:00:14] Iceman:

Phil Zamani
No specific markets (yet) - we focus on real life and near term useage patterns that can be applied to many industries - like d...

E-commerce?

[16:00:26] Phil Zamani:
Re Litetree - it is different from AERGOSQL. You can say Litetree provides a new way of interrogating distributed ledger data on the blockchain and enables multiple functionalities that will be explained later in a post by Hun. - Hun can confirm

[16:01:11] Johon 저헌:
Would Aergo marketplace will help starups with marketing and guide in the furute?

[16:01:24] Hunyoung Park:
Litetree is some kind of our contribution to Open source ecosystem, not just ours 🙂

[16:01:47] Phil Zamani:

K R
What threats do you forsee for Aergo ? Either in terms of technology,market,competition and espcially over come competetion from...

Very good question - all answered in our next medium post on our magic and secret sauce around our open source approach - in short we will follow a model that worked for firms like Red Hat when they competed and beat IBM, Oracle and Sun etc.

Iceman
E-commerce?

This is a very broad term - But yes this is a good area for Aergo as it addresses supply chain and e-commerce related challenges well

[16:02:57] Hunyoung Park:

Evgenij
Why has nobody thought using SQL for smart contracts before?

There have been some tries. but just experiment level and private focused only.

[16:03:52] Phil Zamani:

Basov Maxim
Phil, how do you want to attract companies to your platform, considering that this is something new for them, are there any ince...

Yes we are developing a special program called EAP (early access program) - same as was done in Red Hat, VMware and many other firms over the past 20 years - it works!

[16:04:11] Austin:

K R
What threats do you forsee for Aergo ? Either in terms of technology,market,competition and espcially over come competetion from...

Also, Ethereum will implement it's own scalability solution..won't that make it more convenient for enterprises to use Ethereum as it is already a huge player?

[16:04:40] Phil Zamani:
We are not aiming for the moon - we are aiming at a Different galaxy!

Johon 저헌
Would Aergo marketplace will help starups with marketing and guide in the furute?

Yes this s one of the main points of having this - think of iTunes for blockchain !!

[16:05:13] JAMES KEANU:
Education is the first obstacle. Will Aergo do open onlice courses in dufferent languages?

[16:05:30] Dmitri Larikov:
Hello Phil and Hunyoung! In your Tech Paper when you discribed Core components there are only description of DD (Distributed Directory). What can you say about Memory Pool, Core Consensus and Sync Engine?

[16:05:58] Rich & Happy TM

Phil Zamani
We are not aiming for the moon - we are aiming at a Different galaxy!

Sorry I'll fix it!

[16:06:00] Phil Zamani:

JAMES KEANU
Education is the first obstacle. Will Aergo do open onlice courses in dufferent languages?

Yes - but we will do this through strong regional partners and our Farsi is not so good!

[16:06:32] Johon 저헌:

Phil Zamani
Yes this s one of the main points of having this - think of iTunes for blockchain !!

Who can we contact regarding deploying our Dapp and timeline ?

[16:06:56] AM:

Phil Zamani
Yes - but we will do this through strong regional partners and our Farsi is not so good!

[16:07:02] Austin:

Phil Zamani
Yes this s one of the main points of having this - think of iTunes for blockchain !!

Or like Shopify for ecommerce, would love to see this :grin:

[16:07:26] Phil Zamani:
Sorry if we missed your questions girls and guys - we will go through the AMA and make sure everything is picked up and get back to you if we missed anything...

[16:07:42] Phil Zamani:

AM
Sticker
What does this icon mean Iceman?

[16:07:46] Hunyoung Park:

Dmitri Larikov
Hello Phil and Hunyoung! In your Tech Paper when you discribed Core components there are only description of DD (Distributed Dir...

Definitely they are core components, but we don’t need to describe a trivial part in whitepaper. You can check it in our github codes

[16:07:56] JAMES KEANU:

Phil Zamani
Sorry if we missed your questions girls and guys - we will go through the AMA and make sure everything is picked up and get back...

Thanks for everything! Keep it up!

[16:08:00] Phil Zamani:

Phil Zamani
What does this icon mean Iceman?

Sorry AM!

[16:08:05] Dmitri Larikov:

Hunyoung Park
Definitely they are core components, but we don’t need to describe a trivial part in whitepaper. You can check it in our github...

Thanks!
And one more. Could you tell me please what is the main purpose of your token?

[16:08:53] Hunyoung Park:

Austin
Also, Ethereum will implement it's own scalability solution..won't that make it more convenient for enterprises to use Ethereum...

Ethereum is focusing on public network as a foundation. It is not what most enterprises want--they want blockchain solution that can provide enough performance and quality of service.

Dmitri Larikov
And one more. Could you tell me please what is the main purpose of your token?

Fee for transactions. Staking for voting. Currency for public services

[16:10:06] Phil Zamani:
May I remind everyone that our rewardrop program is still open and has been extended up to 14 October - so please take part if you want to own some of the hottest token property in the market - we genuinely like the work we have seen (apart from the bots who will get nothing) - please read the new medium article on open source tomorrow and if you like it - and can translate and punch this to your contacts - you may be in for a nice surprise !

[16:10:11] Dmitri Larikov:

Hunyoung Park
Fee for transactions. Staking for voting. Currency for public services

Thanks!

[16:10:57] Paul Emmanuel:

Phil Zamani
May I remind everyone that our rewardrop program is still open and has been extended up to 14 October - so please take part if y...

Good. Can't wait to read the article.

[16:11:05] Happy Dragon:

Phil Zamani
Yes we are developing a special program called EAP (early access program) - same as was done in Red Hat, VMware and many other f...

it sounds great, I think is a right and successful way to get some experience and market steps of Red Hat, VMWare and Apache, i believe they are the ones of the most successful in the IT industry :+1:

[16:11:24] Hunyoung Park:

Johon 저헌
Who can we contact regarding deploying our Dapp and timeline ?

you can connect to us via [email protected] about developments and parternships

[16:11:53] Dmitri Larikov:

Phil Zamani
May I remind everyone that our rewardrop program is still open and has been extended up to 14 October - so please take part if y...

Do you plan to patent your technology? Or maby you've already done it?

[16:12:10] Roar:

Phil Zamani
May I remind everyone that our rewardrop program is still open and has been extended up to 14 October - so please take part if y...

Ok
Look forward to +1

[16:12:31] K R:
Why your code is not made public ?

[16:12:32] Phil Zamani:

Restyle
Hi Phil, I’m wondering if there is any conflict of interests between Blocko and Aergo. Will Blocko continue marketing their own...

Very good question - Aergo is the platform and Blocko is the service and product support organisation - two sides of the same coin - they coexist - just like Linux and Red Hat - the medium article will explain this (come on Alex finish your work will you!!!)

[16:12:59] C Kim:
Is there any example of business type about applying aergo blockchain? What kind of type of data should certain companies use the blockchain?

[16:13:01] Hunyoung Park:

Dmitri Larikov
Do you plan to patent your technology? Or maby you've already done it?

Not now. Because we want to contribute to open source community.

[16:13:28] Dmitri Larikov:
Got it. Thanks!

[16:13:36] Phil Zamani:

K R
Why your code is not made public ?

It will be! We are an open source platform - code gets released when it is ready to share

[16:14:17] K R:

Phil Zamani
It will be! We are an open source platform - code gets released when it is ready to share...

when can we expect to see a more detailed roadmap ?

[16:14:52] Glorida:

Phil Zamani
Your welcome - Leonid and Juris too (ps the community vector analysis tool noticed you did not switch your video camera off - ou...

Can the community vector analysis really do that? How do you guys identify bots! Someone just said am a bot, but am not

[16:14:55] Dmitrii:
Hello, Phil. Several times in whitepaper I met the concept of "best block". could you explain what it is. thank you

[16:15:16] Phil Zamani:

C Kim
Is there any example of business type about applying aergo blockchain? What kind of type of data should certain companies use th...

Any company that wants to share it’s data in a trustless ecosystem and that does not want to pay the tax of having to give this data to a company that monetises their data - your data is your data in Aergo! Unlocking value of data for many many companies - not possible today - possible with Aergo in the future!

K R
when can we expect to see a more detailed roadmap ?

When its ready!

[16:15:57] K R:
Aergo in short is the shopify of enterprise blockchains !

[16:15:59] Phil Zamani:

Glorida
Can the community vector analysis really do that? How do you guys identify bots! Someone just said am a bot, but am not...

This we cannot share -sorry (bots!)

[16:16:41]Basov Maxim:

Phil Zamani
History does not repeat itself but in IT it rhymes - we will probably end up like cloud computing - 5-7 major players and many s...

Yes of course I'm sure of you. I sincerely wish you success

[16:16:49] Happy Dragon:

Phil Zamani
This we cannot share -sorry (bots!)

smile

[16:17:14] Glorida:

Hunyoung Park
Not now. Because we want to contribute to open source community.

How achievable is the 1million tps? Most project have tried but didn't reach that landmark? Is it just a statement of been optimistic or a clear sight?

[16:17:14] Phil Zamani:
ON BEHALF OF THE AERGO TEAM AND OUR COMMUNITY MANGERS I WOULD LIKE TO CLOSE OUR FIRST EVER AMA - AND THANK ALL OF YOU FOR YOUR GREAT QUESTIONS - KEEP IT UP COMMUNITY - GO AERGO! P.S. HUN ROCKS!!!