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Q1: Compare with BaaS of Baidu, Alibaba and Tencent, what’s the advantages of Bystack?
1. Different architectures. The BaaS of the giants are all based on the alliance chain, private chain and also based on Ethereum, which of course is not autonomous or controllable. Bystack is the first BaaS with multi-sidedchain architecture that is autonomous and controllable. Both single public chain and single alliance chain are difficult to meet specific business requirements. For example, some business scenarios require transaction irreversibility and data tampering, which cannot be achieved by alliance blockchain. Some scenarios have high requirements for transaction speed and TPS and the enterprise version of Ethereum and other public chains cannot do so.
2. The application scenarios are different. The BaaS of the giants mostly focus on the authenticate evidence, public welfare, charity, track and other non-mainstream business. Blockchain, after all, is the subversion of traditional business logic and technological logic, they are the winners of the Internet, but the Internet’s success is the disadvantages of blockchain, for example, they can not make decentralization of data, calculation and account status. So there is a paradox of the traditional giant. Bystack’s white paper lists several business scenarios, but we’ll focus on one or two with $100 billion market potential and focus on getting things done.
Q2: What’s the specific time of sidechain masternode campaign? How much nodes in total? How much BTM coin for each node and can normal investors participate in the campaign? Is there any award for voting?
CFO Li Zongcheng: The scheme of the masternode will be announced in early June and there will be detailed information such as node amount and award rules. It’s a very important principle that the rules are convenient for all ordinary users to participate in and get rewards.
The design principle is that a certain amount ...
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