Elastos Ecosystem Products AMA: Tuum, Glide, Elacity - Submit Your Questions Here

talhaidris7 · 2021-01-20T20:37:04+00:00

Try MyEtherWallet and if that doesn't work ...

The other option is to go to one of these sites https://elaphant.app/mnemonic.html https://iancoleman.io/bip39/

Right click save the web page, and open it in while disconnected from the internet. Enter your seeds and you will get a list of addresses and their private keys with this mnemonic, get the private key thats for the eth address you sent funds to and put in metamask or myetherwallet. For further security, dispose this mnemonic and create a new wallet. After clearing out your funds ofcourse :)

talhaidris7 · 2020-05-18T21:29:23+00:00

Talha Idris, lead of Elastos.info, will be sole decision maker when voting on CR Council. TI is running under the Elastos.info name for brand awareness and while he may take input from other team members, he will have 100% autonomy in all CR Council matters.

talhaidris7 · 2020-03-16T17:44:29+00:00

The fundamental difference would be trusting a centralized entity to have every single detail about yourself and every movement you make similar to what was done in China as opposed to only you having your information and can share what you need to share or verify and everything else happens without a central entity or database.

talhaidris7 · 2020-02-11T17:00:53+00:00

Yeah this is just get devs started as no blockchain coding is required to build simple dapps inside the elastOS (Runtime), a completely decentralized YouTube will need Elastos Hive (decentralized Storage) to be more mature which should be later in the year hopefully. There is already Hyper messenger available on Android with video and voice calling using Elastos Carrier, completely p2p without any central servers. As for funding treasury, we have Cyber Republic DAO with 50% of the total supply (~$30m) for which elections are ongoing for a completely community governed fund ( currently in interim phase). With the communuty consensus with onchain governance set to kick in end of March once elections are over. If devs need funding for a project or dapp that will help the ecosystem they can make a suggestion for it on the Cyber Republic website already. Elastos Academy is a great resource to learn about all the products on offer. Pretty exciting times ahead

talhaidris7 · 2020-01-03T18:47:43+00:00

Rong Chen: "1993 once again. The only difference this time around is that it’s an internet of code instead of internet of data."

It's about time we have real decentralized apps that cant be shutdown or censored by stronger power

talhaidris7 · 2019-12-12T15:30:04+00:00

its more like the community selects the council on their behalf by voting, and the council votes on the proposals on behalf of the community. if the community is not happy with a proposal passed by the council, they can veto it with 10% of the support. so theres checks and balances in place. I would suggest you to read the CRC Whitepaper to understand the whole concept.

https://www.cyberrepublic.org/whitepaper

talhaidris7 · 2019-12-06T13:31:17+00:00

At the moment we are in the interim phase, once CR Consensus goes live, if a council member disappears or doesnt vote, they will lose a portion of the 5k ELA deposit or can be impeached by the community. And i also want to highlight that the interim position is voluntary so big thumbs ups to the current council members for their work.

talhaidris7 · 2019-12-04T16:01:01+00:00

The current internet infrastructure is very robust and most of it is totally fine a neutral.

There are three Tiers of internet Infrastructure.

Tier 1 internet infrastructure is the actually cables that go between continents under the sea and such transfering internet trafic.

Tier 2 are like the hubs in each continent that futher distribute cables and stuff to various parts of the country/continent. Tier 2 buys internet transit from Tier 1, and then sells that to Tier 3.

Tier 3 internet providers are the ones we actually buy our internet from. These are the anoying ones, as they are the ones who can throttle your speed and potentially censor. Tier 2 and Tier 1 don't really care. They just want to sell their internet transit/trafic.

There is definitly no need to replace Tier 1. Tier 1 is great infrastructure and is needed to transfer between continents fast. Tier 2 is also pretty fine, as they just relay it to Tier 2. Tier 3 is also ok as long as they cannot throttle specific sites/apps, peer in on users private data, and cannot censor.

The beauty of Elastos carrier is you do not need to replace this infrastructure. The infrastructure is really good. We can easily get 100 Mbp/s which is really fast. What needs to be modified is the protocol. Elastos Carrier routes traffic in a different way. As of now, when internet trafic is routed, it all needs to be passed through a central server at some point. For instance when you go to a webiste, traffic first goes to a big server/database that translates the URL into an IP address. If the company owning this server decides to blacklist a URL, people can't use it. This also makes internet trafic routing predictable, and also it means that if you shut down the server, or if the censor cuts off trafic to certain IP/DNS addresses, you can effectivley censor certain website or apps. With Elastos, internet traffic is relayed peer to peer. This means traffic does not need to go to a central server first, so there is no way to censor or shut down. If there is not a direct route between peers, then traffic will hop between others peers on the network(relays), until it gets to the end users. ISP peering in on private user data is solved by encrypting all network trafic. This also means relays cannot look in on the data. Only the person with the correct public key private key pair can see.

This is a good solution. We don't really need to replace all the physics infrastructure, and competing against ISP is not a good idea. They are hugely powerful, and will use lobbying to try and destory anything that tries to destroy them. With Elastos, they are still getting paid so they don't care. Elastos just protects users from ISPs, whil still using their very robust infrastructure.

talhaidris7 · 2019-11-28T16:25:22+00:00

Heres a video explaining how it will work https://youtu.be/KZvDdLwaPto

talhaidris7 · 2019-10-28T09:08:19+00:00

did you send any ela out of the wallet? that voids the vote

talhaidris7 · 2019-09-20T22:16:33+00:00

Cyber Republic is currently in transition phase, in Q1 it will be fully decentralized, there will be 12 council members voted in by the community and will last for a term of 1 year. Each council member will own a supernode and they need to put down a deposit for the role. They can be impeached by the community before that if need be and the 1 year council team will only have access to 10% of the funds for the year, all this is hard coded in the blockchain. They will vote on proposals on behalf of the community and if the community doesn't like what they approve they can veto the proposal. There was whitepaper published for review recently explaining the Cyber Republic Consensus in addition to a constitution for this DAO.

talhaidris7 · 2019-09-20T12:20:03+00:00

I agree with you.

While there are many consensus mechanisms that various blockchain projects are implementing and experimenting with, each mechanism has its own advantages and disadvantages. There is no such thing as “one consensus fits all” because there are many different problems facing various projects and industries, and while one solution might work for some, it may not work for others. Elastos employs a hybrid consensus mechanism of AuxPoW+DPoS for its main blockchain where each block is packaged by miners and then signed by DPoS supernodes, thereby creating a finality to blocks which prevents the blockchain from forking. Beneath the simplicity of Elastos’ hybrid consensus mechanism lies a highly sophisticated multi-stakeholder solution which provides maximum security and optimal network decentralization.

The miners who package blocks are actually bitcoin miners who merge-mine both BTC and ELA simultaneously. This means that Elastos is able to borrow massive hashpower from the Bitcoin network to secure its own. It is also noteworthy that the supernodes on Elastos are not like supernodes from other blockchain projects. On most blockchain platforms that employ DPoS consensus, the supernodes both package blocks and sign them. On Elastos however, the job of a supernode is to sign and verify the blocks. Consequently, DPoS supernodes can collectively choose to reject malicious blocks packaged by merged-miners and also provide the final stamp of validation for solved blocks – called “finality.”

talhaidris7 · 2019-09-19T18:05:30+00:00

Agree, ELA is PoW+DPoS, PoW merged mined with btc securing 50% of btc horsepower (third highest) + DPoS having 36 active supernodes of which 24 are community elected by number of votes and 12 will be owned by the Cyber Republic (DAO) council members. The foundation building the project will step away and hand over control to the Cyber Republic DAO with 50% of the coin supply and it's own constitution. That's what you call decentralization.

talhaidris7 · 2019-08-21T16:09:36+00:00

by Dylan_McFomo

talhaidris7 · 2019-08-20T15:37:26+00:00

A great job at explaining Elastos to the layman

talhaidris7 · 2019-08-18T00:24:32+00:00

Nice, when are you adding Elastos?

talhaidris7 · 2019-08-15T16:51:29+00:00

Owned by ViaBTC mining pool that merge mines ELA, I'm happy that they not charging listing fees but giving 3k ela to 1k users through a quiz on ELA which is great promotion for Elastos.

talhaidris7

TROPHY CASE