EverX AMA session Review 🗞

About the uniqueness of Everscale
🛑The Everscale concept is a decentralized scalable backend. USP: Solving the blockchain thrilleme with SMFT
🛑SMFT is a key innovation: processing without reducing the number of validators checking the block
🛑With REMP it is planned to transfer DApp to a decentralized backend, saving high level User Experience

Possible use cases
🛑Tokenization of objects, including real estate (possibly coming soon on Everscale)
🛑Metaverses

The more complex the projects are, the more popular the unique Everscale architecture will become.

DeBot technology development
🛑DeBots as frontend technology is implemented, but is now not so popular
🛑DeBots, as middleware technology, as an interface for working with a series of smart contracts, are actively used (for example, in Flex and the Surf extension)

Uniqueness of True NFT
The ability to use smart contracts to order and receive data from the disk. Fully works together with the drivechain. As soon as the drivechain is fully implemented, True NFT will be updated.

Why there is there no progress in FIDE and KAMAZ partnerships?
🛑Structuring at the peak of expectations (before the NFT market collapsed in November 2022). Inability to meet the expectations of FIDE
🛑MVP for KAMAZ was created but not developed. The company's priorities had changed. Potentially promising niche. Needs to have partners and integration with them

About zkSNARKs technology
🛑The DeVote case with millions of voters has a great potential
🛑There are not enough resources to bring the technology to the mainnet yet. Perhaps some other teams will pick up the development

About the Chinese BSN blockchain
The Chinese side insists on limiting the movement of gas between accounts, which makes it pointless to use the Everscale architecture.

What is EverX working on now?
🛑Node (main load)
🛑Compiler (Flex is written in C++ compiler)
🛑EverCloud (SDK works with it — convenience for developers to join the ecosystem)
🛑Other products (Surf, Flex, GOSH): EverX as a technology and financial partner

EverX tasks for 2023
🛑To finish the Roadmap
🛑To synchronize the Roadmap with Venom needs
🛑To finalize key development components
🛑To support other products

What can help Everscale (Alex Filatov opinion)
🛑To work more in conditions of market realities, to focus on work with investors without losing ideology
🛑The theme of partnership between Everscale, Venom, TON and GOSH is one of the main integration themes of 2023. These projects complement each other, all of them have strengths. If we start collaborating, it will make everyone stronger. Potentially, this is the strongest factor influencing the Everscale capitalization.

▶️ Enjoy the full AMA session on YouTube (1 h 11 min)

#АМА #everx #review #post

Everscale Community MeetUp #123 Review 🚀

Flex updates

🛑A web version to launch before the end of April. Once web version is launched liquidity is going to be increased
🛑Flex is raising the investment round: tier-2 found is leading
🛑Integrations with GOSH, Venom and TON.
Currently TON doesn’t have a DEX with the order book. The integration process could take about 3 months. Information about other integrations is closed for now.

🗺 Find out more from the Flex DEX Roadmap

Broxus updates

🛑New language name for the Everscale ecosystem — T-Sol
🛑T-Sol plugin for JetBrains designed to enhance the ease and efficiency of writing TVM-based smart contracts
🛑The locklift-deploy plugin allows you to easily write and work with TVM-based contract deployments, migrations and fixtures

Everpoint 2023

🛑The 3 year anniversary conference finally will be held in Dubai, not in Abu Dhabi
🛑The event’s guest will be announced soon
🛑It’s expected the Everpoint website well be available next week

▶️To watch the full MeetUp

#ama #meetup #review #post

TON, Everscale, GOSH & Venom: TVM networks overview 📱

TON and Everscale are blockchains with initially identical architecture. They provide almost infinite scalability with the help of three distinctive solutions: dynamic sharding, multithreading and distributed programming.

💎The Open Network (TON) is a Layer-1 blockchain aimed at onboarding millions of users, primarily in Telegram. Developers try to make using blockchain as simple as using familiar mobile apps.

Creation, development and deployment of smart contracts on the TON blockchain uses the FunC language and the TVM virtual machine, built on the stack principle, which makes it easy to implement.

🚀 Everscale is based on the original TON code, but many things have been changed for a similar time of the final part of transactions. The Everscale node is written in the Rust programming language, as opposed to the original C++ language. At Everscale, smart contracts are written in Solidity adapted to TVM and asynchrony (T-Sol). Important decisions in the community are made in a decentralized manner based on voting with network tokens.

⚪️. GOSH is a first ever decentralized GitHub. The project uses the Everscale codebase as a decentralized server for git storage. GOSH's innovation is that all repositories are managed as a DAOs.

How GOSH works: when you pay for gas it doesn’t go to validator. It goes to free service giver which allows any project to provide the access to their smart contracts for free — this is a revolutionary concept in the blockchain because it allows you to deploy smart contracts for free.

🐍 Venom is a first Layer-1 blockchain licensed and regulated by the Abu Dhabi Global Market (ADGM), and Iceberg Capital to launch a $1 billion for the Venom Ventures Fund (VVF). Positioning: delivering an asynchronous, ultra-fast, scalable blockchain with low transaction fees for CBDC and Web3 projects worldwide.

Venom also works on TVM, based not only on the Everscale blockchain’s architecture, but also on its main ecosystem products. The Venom testnet has been launched a few days ago and aroused extremely high interest in the crypto community. At the May EVERPOINT Conference in Dubai, the panel topic of Everscale and Venom was announced to clarify the strategies of both projects and also the features of their interaction with each other.

#TVM #TON #venom #gosh #review #post

AMA session with DeFi Alliance & EverX Review 📁

Alexander Alekseev about the attack on the network

A smart contract, which exploited the size of the internal message queue was deployed in the mainnet. Having reached the mark of ~160,000 transactions in the queue, the node began to work unstable. A temporary solution to limit the exploiting smart contract and the ability of blocks to split has been implemented. Further decisions on optimizing the node are under discussion and adoption.

The largest EVER investors

1) A major "strategist" from China
2) Venom Foundation
3) Broxus
4) Korean community
5-6) EverX and Warp Capital

According to S.Shashev, this group of investors holds ~40-50% of all coins. And only 4 from 23 initial validators continue to actively participate in the network’s development: EverX, Broxus, Everstake, Minergate.

About Everscale ecosystem projects

Gravix is a b2b product. There will be probably several similar products under different names. EVER is missing on Gravix because the goal is to attract external users. There is no oracle for EVER right now. Probably it will appear later

DeVote is highly dependent on funding. It is positioned more not as a DAO, but as a company providing services. Focused on finding real customers with large orders. They are primarily developing the US market so far

Pavel Prigolovko on the network's future

🛑The next “wave” is likely to be associated with the development of Digital Twin. As part of this use case, we must take a significant market share due to our technological capabilities
🛑Cooperation of TVM networks can be a point for joint strengthening — marketing positioning and also for developers that this is not a niche, but already a widespread technology with branches

Sergey Shashev on "docking" with Venom

🛑We have very large niches inside the ecosystem that everyone will see when the Venom mainnet is launched. In fact, we are joining a new big business
🛑BRIDGE 2.0 with BTC will be implemented just before or after the launch of the Venom mainnet
🛑FlatQube has sunk heavily in TVL. This whole ecosystem will be reanimated only in connection with Venom
🛑The key task now is to move on with Venom. To become big, we need to make a joint system
🛑Possible new conjuncture: interest in EVER after the launch of the Venom mainnet
🛑Everscale and Venom are well coordinated through Broxus
🛑When Venom is launched, the Everscale network will receive many benefits

#ama #review #post

Setting up the Venom developer environment 💠

If you want to work with the Venom blockchain platform but don't know where to start, welcome to the introductory session! This video describes the basic resources and tools needed to start development on the platform, including installing the Venom wallet, monitoring transactions, and using the locklift plugin to develop T-Sol contracts from scratch.

🔗 Venom testnet webste
🔗 Quick start for developers
🔗 Testnet transactions tracking

The following video will help you learn more about the smart contract deploy process.

#venom #dev #review

How to get Venom test tokens and deploy smart contracts in a testnet 🐍

We continue a series of posts about videos explaining in detail the process of working with the Venom testnet. Today, the process of creating, compiling and deploying smart contracts is on the agenda. What will you learn?

🗣 What tools are needed to work with the testnet
🗣 How to get test tokens
🗣 How to set Up the developer environment
🗣 How to use the smart contract deployment script
🗣 How to use Venom Explorer

Let's take a closer look at Venom and watch the video 🎬

#venom #dev #review #post

Smart Contracts in the Venom Testnet: Details 🐍

We continue our series of video posts explaining in detail the process of working with the Venom testnet. The third session for developers is dedicated to a deeper dive into the specifics of smart contract development. What will the video talk about?

🗣 Briefly about past lessons
🗣 About message types in blockchain
🗣 About security during a smart contracts writing
🗣 About the T-Sol API, similar to Solidity but with differences
🗣 About architectural concepts and solutions in the Venom network

Go to the video to learn more 🎬

#venom #dev #review #post

GOSH — A Very Peculiar Blockchain ⚪

GOSH is a first ever decentralized GitHub. The project uses the Everscale codebase as a decentralized server for git storage.

GOSH secures software supply chains by providing a variety of different tools to developers, and enterprises alike. One of these is the decentralized management of code through DAOs.

The first anniversary of GOSH is coming. Enjoy our review of the publication which describes the project's key features.

GOSH Blockchain Innovation

The key innovation was the creation of a blockchain that offers free use. On GOSH, any developer can create their own code for free, just like on any other git. Only this git is fully on-chain.

The developers have achieved this through the GOSH Free Service Area. Fees are not transferred to validators, but to the giver, who distribute the gas between other contracts. This means that any developer can use GOSH for free, and sell their services using Fiat Payment Gateways without a need to KYC/AML.

GOSH tokens

• The SHELL token is the main utility token of the GOSH blockchain and is used to pay gas and fees. Anybody can buy SHELL with their credit card for (and always for) $1.

• The DAO token is convertible to DAO Karma — the voting token of any DAO on GOSH — which, in turn, is not transferable or tradeable.

GOSH Paid

Paid membership in GOSH offers developers a new way to unlock the value of their code. DAOs will be able to lend Karma as a monthly subscription to those who want to support open source. In exchange for their contribution, members will receive voting power in a DAO as Karma.

Open source, governed through DAOs, can now be financially supported by users and enthusiasts, all while keeping it free to use, and so, open.

#gosh #review #post

The TIP-4 NFT Token Standard on the Venom network 🐍

We continue our series of video posts explaining in detail the process of working with the Venom testnet. The following video discusses the TIP-4 NFT token standard, integrating and configuring NFT logic into your project.

From the video you will learn:
🗣 About the structure of NFT, its differences from regular tokens
🗣 About how NFT can be a unique certificate on a blockchain
🗣 About the «NFT Collection» and «Item» smart contracts
🗣 About the sub-standards that TIP-4 NFT provides for
🗣 About setting up an environment to work with NFT

Go to the video to learn more 🎬

#venom #dev #review #post

Venom Testnet — Opportunities for Web3 Builders ⌨️

Venom AMA session was held on Hacker's Twitter. The features and benefits of Venom Network were discussed:

🔵One of the key aspects of Venom Network is solving the problem of blockchain scalability through sharding.

🔵Venom Network offers low fees, fast transactions and easy integration with existing Ethereum projects.

🔵Venom uses the TIP-3 token standard: instead of having one huge smart contract containing all transactions, a separate smart contract is provided for every token holder.

🔵Venom Network actively supports developers and provides grant programs and hackathons to participate and support new projects.

🔵The network makes audits of its protocols and pays great attention to its security.

🔵Venom Network prevents and mitigates possible threats associated with a 51% attack: thanks to sharding, the network participant doesn't know in advance which validators will check a certain shard. In addition, the network provides slashing mechanisms for intruders.

🔵Venom cooperates with Hacking Club to provide cybersecurity and does everything possible to create a favorable environment for developers and users.

👁‍🗨 AMA session text version is here

#venom #ama #review #post

AMA session with Sergey Shashev review 📃

Broxus co-founder, Sergey Shashev, and Everscale node developer, Vyacheslav, answered community questions. Here are some key points:

🔵Is Venom regulated or public? Venom has a hybrid model and includes both open and closed parts

🔵Broxus' role in Venom: a technological operator that provides developer solutions, some components of the system and a consultant that helps new development teams

🔵The new Chinese Everscale investor is one of the largest validators. They are interested in the technology and have a huge position

🔵Until the problem of reducing transaction finality time is solved, what makes blockchain competitive on the market, other tasks aren't actual so much. Expected time for the finality task — July 2023

🔵After solving the finality problem, the development team will return to more active development of SMFT, which will also be integrated into the Venom network

🔵REMP also has a high priority as it solves the problem of reliable delivery and processing of external messages in the network

🔵Plans for development in the Korean market after listing on Bithumb:

▶️Starting a marketing campaign and referral programs means market testing
▶️Several corporate clients have appeared
▶️A large partnership, which will be announced after the first project
▶️More developers and the corporate education are expected

🔵The unique value of Everscale after the Venom' launch is the possibility to build any products and to make experiments.
Example: Ethereum is independent, there is no regulation. BSC is more productive, but BSC is also more regulated

🔵Venom is the emergence of a large number of companies and penetration into different countries. Starting with Venom, the technology is already has a market. There are two promising markets including South Korea at the moment

🔵These cases will increase the number of developers on TVM, the reputation of the technology, motivation to come and build on it because these cases are well. This, in turn, will increase the economy and capitalization of the networks.

#ever #venom #broxus #ama #review #post

Venom Whitepaper: Ecosystem 🍔

The Venom Foundation is a non-profit organization responsible for managing the development of the Venom blockchain and promoting its adoption. It seeks to bring new life to the Everscale-born technologies and core concepts by combining them with intelligent management and compliance.

The Venom blockchain is a community-driven network that empowers its participants: users, validators, and developers.

The Venom Ecosystem

Venom blockchain offers a comprehensive ecosystem that includes various tools and services: Venom Wallet, Venom Scanner, Venom Pools for staking, Venom Bridge.

All of these products were developed by third-party teams participating in the Developer Program.

The Venom token

The VENOM token is the primary currency used within the Venom blockchain. It is designed to act as a utility token.

The Venom blockchain has an inflationary model, meaning no fixed maximum supply of tokens exists. However the Venom Foundation is exploring ways to transition to a deflationary model.

The initial token supply for issue during the mainnet launch is 7,2 bn VENOM with 84,5% under lock.

Cross-chain communications
 
By using a cross-chain communication protocol for heterogeneous chains, the Venom blockchain can maintain interoperability between public and private networks, which opens up the possiblity of creating powerful user cases:
 
🛑Public-to-Public workchains are open for communication with each other and can maintain shared liquidity in
🛑Private-to-Private workchains are suitable for CBDC and crypto payments where privacy and compliance are essential
🛑Public-to-Private workchains enable the creation of a system where two types of assets are strongly connected

#venom #whitepaper #review #post

AMA session with Pi Union review 📝

A few days ago, Everscale partner Pi Union team held an AMA session, where they answered questions from the participants about the results of their work.

Here are the main points:

🔵Pi Union is a licensed fintech ecosystem offering Everscale blockchain-based financial applications

🔵Pi Union is not a bank, but provides similar services through the Evercash mobile app. The system integrates with European bank accounts and conventional bank card programs

🔵Customers can open a bank account and order a bank card, but KYC clearance and European Union residency will be required

🔵Pi Union has issued «EUPi» stablecoin, which, as part of the platform, can be exchanged for other assets and used for payments

🔵The company applies various security measures and audits its ecosystem to ensure the safety of users' funds

🔵The project team prepared a report detailing the principles of integration with Everscale, customer base, cashback program, stablecoin turnover, etc.

🔵Trial of the ATM concept, which allows users to withdraw and deposit in local currency, was successfully conducted

🔵The developers see the further development of the global financial system as the interconnection between traditional financial institutions and cryptocurrencies, as the popularity of digital currencies in the world grows

➡️ Future plans of the company:

▶️Creating a network of ATMs
▶️Competition with European banks
▶️Entering Balkan region in 2-5 years
▶️Further cooperation with Everscale
▶️Support for Venom Network, stablecoin listing

▶️Go to full video (25 min.)

#ever #venom #ama #piunion #review #post

Venom Whitepaper: Governance 🐍

The ninth chapter of the whitepaper describes Venom's blockchain Governance mechanism, as well as the role of the Venom Foundation in overseeing decision-making and providing resources for network development.

Here are the key takeaways:

🔵Venom's blockchain Governance mechanism aims to ensure the network is sustainable and successful in a changing economy

🔵The Venom Foundation oversees the decision-making process and supports the development of the ecosystem

🔵While the Venom Foundation has significant input into the governance of the network, a broad range of participants are expected to have a say in the decision-making process: users, validators, and developers

🔵Through an on-chain voting and proposal system, network participants can make decisions about upgrades, new features, and overall improvement of the network

🔵The governance aims to maintain and update the blockchain transparently, effectively, and securely

🔵Infrastructure governance involves raising proposals and voting by community members proportional to their contribution to network security and stability

🔵Resources governance involves the distribution of funds/assets/resources among contributors to the network's development

🔵The Venom Foundation grants support the expansion of the ecosystem with new products and services

🔵The Bug Bounty Program incentivizes security researchers and developers to identify and report vulnerabilities in the network

🔵Rewards in the program are based on the severity of vulnerabilities and the quality of reports

#venom #whitepaper #tvm #review #post

Account Abstraction: Everything you wanted to know 🗂

We continue our Deep Tech series, in which we have previously discussed the concept of Account Abstraction (AA) and compared its implementation in Ethereum and Everscale networks.

AA is a new paradigm allowing programming blockchain accounts which provides a Smart Account.

Smart Accounts can perform any programmed actions automatically without the need for human intervention.
 
EIP is the abbreviation for "Ethereum Improvement Proposal". Each proposal includes the methods according to which updates are made on the Ethereum blockchain.
 
The path towards EIP-4337

EIP-86 was the first attempt to provide AA functionality for Ethereum. In this model, all accounts became contracts with the ability to pay gas fees.
 
EIP-2938 provided for a limited version of AA. In this model, data represents all parameters that the AA contract must execute.
 
EIP-3074 proposal sought to allow users to hand over control of their accounts to a contract by signing a message with their account.

EIP-4337 is a complex structure which succeeds in simplifying the creation and management of Smart Accounts. Its implementation doesn't require any Ethereum consensus layer changes. Instead, this is realized by the division of the load across on-chain and off-chain infrastructure.
 
EIP-4337 drawbacks 

🟠Increased vulnerability to DDos attacks due to the complicated logic
🟠Increased gas costs
🟠One transaction at a time
🟠Backward compatibility: existing (old) accounts cannot be switched to Smart Accounts
 
AA in Everscale
 
Smart Accounts expand the possibilities of Multisignature and allows users to:

🔵Adapt security levels according to their needs
🔵Set a daily or any other limit on transfers
🔵Integrate off-chain services for additional protection
🔵Block transactions with unverified or sanctioned contracts
🔵Integrate AML services
 
🔗 Dive deeper in the article

#ever #deeptech #review #post

GOSH — A Very Peculiar Blockchain ⚪

GOSH is a first ever decentralized GitHub. The project uses the Everscale codebase as a decentralized server for git storage.

GOSH secures software supply chains by providing a variety of different tools to developers, and enterprises alike. One of these is the decentralized management of code through DAOs.

The first anniversary of GOSH is coming. Enjoy our review of the publication which describes the project's key features.

GOSH Blockchain Innovation

The key innovation was the creation of a blockchain that offers free use. On GOSH, any developer can create their own code for free, just like on any other git. Only this git is fully on-chain.

The developers have achieved this through the GOSH Free Service Area. Fees are not transferred to validators, but to the giver, who distribute the gas between other contracts. This means that any developer can use GOSH for free, and sell their services using Fiat Payment Gateways without a need to KYC/AML.

GOSH tokens

• The SHELL token is the main utility token of the GOSH blockchain and is used to pay gas and fees. Anybody can buy SHELL with their credit card for (and always for) $1.

• The DAO token is convertible to DAO Karma — the voting token of any DAO on GOSH — which, in turn, is not transferable or tradeable.

GOSH Paid

Paid membership in GOSH offers developers a new way to unlock the value of their code. DAOs will be able to lend Karma as a monthly subscription to those who want to support open source. In exchange for their contribution, members will receive voting power in a DAO as Karma.

Open source, governed through DAOs, can now be financially supported by users and enthusiasts, all while keeping it free to use, and so, open.

#gosh #review #post

Features, advantages and prospects of TON 💎

As part of the Blockchain Community Day 2023 Global Online Conference, LANDAO Founder Liza Chernyagina gave a presentation on The Open Network (TON) blockchain.

Here are the highlights:

🔵TON is a fully decentralized Layer-1 blockchain with the principles of full decentralization, privacy and transparency

🔵TON is highly scalable and capable of processing millions of transactions per second

🔵TON is integrated with Telegram messenger, which has a huge user base of 750M people, and provides a convenient platform for peer-to-peer interactions and integration of Web3 applications.

🔵TON is built on messaging and utilizes a distributed contract architecture

🔵TON is a hybrid of Bitcoin and Ethereum with back-end messaging and smart contract capabilities

🔵TON has a very low transaction cost, the network is decentralized and has about 300 validators

🔵TON is designed to overcome the scalability and mass-adoption issues often faced by other blockchains

🔵Developers can find tasks on GitHub and receive grants for TON ecosystem projects

🎓 As part of the talk, Liza presented an online video course on developing smart contracts and frontend interaction on the TON blockchain. The course will be free and will be available on platforms such as Coursera or Udemy.

Chernyagina also mentioned the upcoming Definition Hackathon in Istanbul, where participants will be able to solve problems and work on projects related to the TON blockchain.

She noted that video courses and hackathons are a good way to involve developers in the TON ecosystem.

📹 Watch the talk: https://youtu.be/efCYQA3Y72I

#ton #blockchain #post #review

Review of the AMA session on the Everscale loan proposal 🚀

Sergey Shashev and Sergey Jurinsky answered the questions from the Everscale community regarding the proposal for the loan, put on EVER DAO.

⏺Loan amount — $8,000,000
⏺Collateral amount — 312,121,362 EVER

Loan-related answers

⏺The loan amount was based on the network's yearly budget
⏺The collateral will not be used within the Everscale ecosystem, including voting on EVER DAO
⏺The loan repayment is planned to come from the U.S. dollar income generated by projects launched in Southeast Asia and Oceania (multiple projects with different counterparties). The goal is to avoid the need for coin sales
⏺Everscale and the creditor share a common goal — the growth of the network's capitalization and EVER price (the creditor is involved in these new projects)
⏺The creditor's option is aimed at providing them with a fair value of EVER and returning the loan in network coins (with a discount)
⏺The key goal of the run is to adopt the Mesh technology, which allows for the integration of all TVM networks. It enables the creation of multiple independent economic actors interconnected with each other. The specification is being processed jointly by EverX and Broxus, and the information will be published soon
⏺Community updates on the progress will be provided through AMA sessions held quarterly. Details will be disclosed in agreement with the creditor

Plan for the use of loan funds

Core development, marketing, PR, and all applicable players in South Korea: ~$1.3 million per month (including development and servers: ~$500-550 thousand). Applied developments by Broxus are implemented on a commercial basis. The money will not go there.

Development team results for the summer

⏺Synchronization of work between EverX and Broxus teams
⏺Many optimizations for the hardware and memory
⏺Achieved the first fast finality and completed REMP

Everscale Roadmap

The actual Roadmap should be released within a few weeks after the launch of the Venom mainnet. It will be necessary to align the overall work plan of the two networks to maximize the efficient use of the core development resources.

⏺Current aggregate EVER Free Float is about 500-600 million.

#ever #ama #review #post

GOSH AMA Session Highlights. Part 1 ⚪️

Founder of the GOSH platform, Mitja Goroshevsky, recently answered questions from the Everscale community. Here's a summary of the meeting.

Part 1. About development achievements and product roadmap

• Development updates since the beginning of 2023. 3 or 4 GOSH upgrade versions. As a result, the first stage of L2 launch on Ethereum. Strategic decision: NOT to develop L1 blockchain but to develop L2 network on top of Ethereum.

Mitja 🗣 "Because the money is in Ether. Today, raising L1 is a utopia doomed to fail."

• More about L2. Currently, L2 is the only confirmed solution for Ethereum scalability. Sharding protocol of ETH 2.0 was abandoned. L2 comes in different types. The essence: there is an off-chain mechanism for grouping transactions and providing proof of their correctness. You can withdraw funds from ETH to L2 in a decentralized way and bring them back at any time without bridges, validators, or relying on specific parties.

• GOSH L2 implementation stages:
1st stage - "Trustless Bridge": we trust GOSH validators and Ethereum validators.
2nd stage - "Optimistic roll-up": we stop trusting validators but validators may not include some transactions.
3rd stage - nobody trusts anyone. Fully proven states in GOSH and ETH. In other words, both ETH and GOSH networks need to stop for funds to disappear.

• Fees in GOSH L2. When you withdraw funds from Ethereum to L2 and vice versa, there is a fee, which remains. There can also be fees within L2. There are no such fees in GOSH. So, while you're in L2, you don't pay fees.

• How many DAOs are there in GOSH? In just the last 3 months, 1038 DAOs have been deployed and 149,000 commits have been made.

• GOSH marketing. How do you attract users? Through partnerships with active participants in the Ethereum community and providing solutions tailored to their needs. Also, by participating in conferences. Currently, a major deScie conference is being prepared in Tel Aviv in March 2024, in collaboration with the ETH Foundation.

• How will GOSH make money? L2 fees and freemium model - revenue from users in the form of a percentage of income from GOSH-utilizing applications that will be monetized (similar to AppStore).

• Freemium model in GOSH: If you want to create and launch a service on GOSH and earn money, you don't necessarily have to charge users for each transaction. You can offer them a subscription.

Mitja 🗣 "Mass adoption in Web3 won't happen as long as users have to pay for every transaction (except financial operations)."

The second part of the meeting summary, focusing on GOSH tokens and partnerships, will be published soon.

#gosh #ama #review #post

Summary of the GOSH AMA session. Part 2 ⚪️

Continuation of the summary of the meeting with GOSH founder, Mitja Goroshevsky. Read the beginning here.

Part 2. About GOSH tokens and partnerships

• How will those who staked EVER in 2022 receive GOSH tokens? At the end of the first lock period through a special smart contract.

• About the ICO of GOSH tokens. Currently, all GOSH token sales are direct sales to investors. The project has raised ~$1 million+ in investments over the year. It is unclear whether there will be an ICO.

• SHELL tokens can be purchased with fiat. Its concept will differ from traditional stablecoins that regulators are currently focusing on.

Mitja 🗣 "The global CBDC project will fail miserably."

• About the KWT token. After the launch of GEX, a fund will be created that will provide liquidity.

• About GEX. The estimated integration period with Flex is 2 months, but it depends not only on GOSH.

• GOSH and AI. Collaborative plans with partner WOW DAO focus on decentralization, management, and AI security.

• About the partnership with Docker (the partnership is based on security solutions). Work is underway to involve Docker in ITF Supply Chain standards.

• GOSH collaborates with Nil Foundation and supports ZKP, as it is impossible to prove state changes of TVM contracts to validators outside of TVM without it.

• Thanks to the collaboration with Pruvendo, any Solidity (EVM and TVM) developer will be able to write formal specifications right from the GOSH visual editor.

• The issue of blockchain reading speed is being addressed in collaboration with the Cloud team. There is a plan for a solution. The main problem is the speed of reading objects that were written during a "push."

• In DAO, changing the name is not possible, as it is like a certificate of authenticity. Can data be transferred from an old DAO to a new one? Not yet, but it is an interesting idea. This happens during upgrades. So, theoretically, yes.

Mitja 🗣 "We have developed one of the largest applications in Web3. GOSH is one of the few products that can compete with Web2 projects (if we are not talking purely about financial instruments)."

#gosh #ama #review #post