A new era of Cryptofinance for the Internet of Values - FUSION is an inclusive public blockchain that provides the infrastructure and architecture for fully fledged financial functions on the blockchain.
AMA with FUSION team week 12/3/18 - 16/3/18
Dear Fusionites, reply to this thread with your questions for the FUSION team. The top 5 community chosen questions at the end of the week will be answered by DJ or Jiangang. The person who posts the highest voted question each week will receive a 10 FSN bonus!
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Q&A
Will the main net launching in Q2 have all the features in the whitepaper (i.e. hccm, distributed key management, multi triggering, etc)? Or will some of those features get Incorporated in second generation fusion network?
Can you tell us more details about the scope of any partnerships that may come down the line?
What's the second generation Fusion? How is it different from the first generation?
In the whitepaper, it is mentioned that anonymous trading is one application of cryptofinace. Do you think Fusion platform can achieve this functionality?
There will be a PoS consensus, will there be a minimum amount to stake and what would be the returns? I understand if you can't say a specific amount that's neccessarry to stake, but a range would also be nice to know.
DJ was the CEO of Bitse. Bitse founded Vechain and QTUM. What made DJ go full time with Fusion? And not with neither of the other two...
When can we expect the FUSION team to start executing its marketing plan and are you able to share a detailed plan with the community? Is there a schedule of meetups and events?
Please tell us how you will have business adoption and what partnerships you have in mind. I love the technology of Fusion but I am hesitant on the business adoption / partnership front.
What will be the main focus after mainnet launch ?
What is the algorithm for the POW mining stage on FUSION? is it Ethash, another general algorithm that already used by other coins, or a new one?
As community members, what do you think we should do to contribute ? We are here because we are full believers in Fusion. Thats why I am telling all my friends about the technology. but I feel we can do much more. Any ideas ?
Prior to VeChain being accepted to PwC’s incubator programme (May 2017), BitSE signed a formal strategic alliance with PwC (May 2016). Is this strategic alliance between PwC and BitSE(!) still in place, and what are potential benefits for FUSION?
Sauce
https://www.pwccn.com/en/press-room/press-releases/pr-150517.html
https://www.pwccn.com/en/services/risk-assurance/pwc-bitse-strategic-alliance-contract-signing-ceremony.html
From my pov, the most critical obstacle of adopting crypto currency in the current world of finance is volatility. No one will take a loan to buy a house for 100 BTC and see his installement doubles in value every couple of months. How Fusion can handle this?
Are you guys ever considering to have ICO's on Fusion platform (as we heard "whenchain" might be doing it) ?
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What does Fusion plan to do about transaction per sec bottleneck?
Can u explain the financial scenario for crypto finance institutions and what role will fusion play in this scenario?
We know for Bitcoin that mining mechanism generates 12.5 BTC every 10 minutes that halves every four years and ends by 2140. Difficulty adjusts every 2 weeks.
What are the stats of mining in fusion ?
I am so proud of you guys. Not a single question of when moon? Go FUSION!!
P.s. moon in Q2 with main net launch ;)
When the mainnet launches in Q2, which other blockchains could be integrated from day one? Any time table for adding new blockchains to the platform?
One of the targets in the whitepaper is launching a "blockchain interface standardization movement" to improve interoperability and scalability between blockchains. Is there a possibility to adopt an already existing movement (namely crosschain alliance of Aion, Wanchain and Icon) instead of building it from scratch? Or do you believe that the goals of Fusion movement is bigger and can't be satisfied by existing alliances.
It is mentioned in the whitepaper that "the platform will be developed into a high throughput decenteralized version similar to alipay". Can we use this statement to deduct that Fusion throughput will be at least similar to Alipay. I think it is ~ 2000 tps currently.
What's the fusion's final goal?
Can we get more details regarding staking FSN coins? Thanks.
Does DJ Qian have a plan or solution for TPS (transactions per secod) ? As I understand the speed at the start will be that of 5x ethereum. Which will still be a huge problem as large corporations (main customers) need much much more than that. No matter how good the other functionalities of the protocol... They would not be able to use Fusion protocol if the TPS problem is not solved.
The strength of VEChain is due to it's partnerships. I'd like to get a feel for the level of partnership possibility that can be leveraged now for Fusion. Does DJ/BitSE have well anchored contacts in the corporate world (i.e. PWC) that can ultimately open partnership doors for Fusion?
The plans for adoption in the road map are very short-term and huge. How does Fusion plan to realize all that usage on it's blockchain in such a short amount of time (what's the plan to get real-world usage, fast)?
HI! Is it planned to enter new exchanges?
Negotiations are going with 20 exchanges, said in telegram.
How will cross chain consensus work in systems that don't have smart contracts?
privacy constitutes an important design consideration for competing blockchains in the same crypto finance domain (namely wanchain), how much do you think privacy can play part in cryptofinancial applications ?
I read the roadmap and I am respecting your foundation for not opting for baseless hype until you have at least a test net (followed by mainnet). Why did you opt for this model instead of the crypto traditional model of building hype way before any products or nets is launched. Heck, even before ICO.
Again : I have nothing but respect for this model. I feel that Fusion is setting precedence on so many fronts in crypto world, starting from real world applications, to the best ico process ever and a very detailed whitepaper that lists challenges in more details than hype.
When will be the interview with coin crunch team? Their review of your project in youtube is the most detailed and technical in all YouTube. It has a tremendous effect on smart investors to believe in your project and hodl for long term.
Second favorite YouTube channel that I would love to see your interview is blockchain brad. The advantage here that brad already conducted interviews with Aion and Wanchain. So I feel it makes sense to have a Fusion video too.
Disclaimer : not affiliated by any way to them. Here is the video I am talking about https://youtu.be/rGr5mjK14rI
Any plans on joining the crosschain alliance by Icon, Aion and Wanchain?
Have any more meet up?