Weekly Summary of PCHAIN AMA on 10/7/2018

We have finished the AMA with Dr Feng Cao on the telegram for the first time on July 10. Thank you for your participation and support. The following is the summary of the AMA.

Part 1: Technology Questions

Q1：what’s your plans on technical improvements on PCHAIN technology?

Feng: We have 4 key features：multichain，new consensus algorithm，smart data and non-native token call. These 4 key features went very well and you can continue to find our tech progress and breakthrough, eg the cross continent test in last week.

It‘s huge，eg，I introduced this progress in BVI-CN blockchain conference on July 10，everyone was very exciting and can’t wait to try this new algorithm in their applications.

(https://twitter.com/jeff_fengcao/status/1016627646111903744)

Q2: What’s the current TPS of PCHAIN testnet?

Feng: We didn’t declare that now. In fact，it‘s unlimited as the number of child chains increase, the TPS can linearly increase. And we are designing a new machenism called IBO ( Initial Blockchain Offering ) to create child chains. By our on-going PDBFT optimization, the speed can also be easily doubled.

Q3: There are currently so many high quality projects out there, such as Quarkchain, Solana, Perlin, Harmony... to name a few. What makes PCHAIN stand out?

Feng: I think it depends on the rich experience, good connection and the most important thing is our research and development capability. We are some of few team which can really design new algorithm.

Part2: Marketing questions

Q1:Are you thinking of launching any new project any soon ?

Feng: Currently，we mainly focus on ecosystem related projects. In middle term we may incubate a new project based on 1 of our 4 features, as itself may become a huge project.

Q2:What partnerships are you trying to get? Do you have any big partnerships coming up?

Feng: It depends how you define big. We are discussing to have a collaboration with a wallet with 5 million users. At present, we are in contact with traditional, biz, tec, research and new startups.

Q3:What’s the plans targeting market?

Feng: Landing in real applications and industry like Finance, Supply Chain，Education, Healthcare and Gene that we currently plan to target. We hope everyone can benifit from PCHAIN, our new algorithm and design.

Q4: Do you have plans to do community meetup to create bond in community?

Feng:Yes, we will have it in Korea and Europe in August.In addition, Korea is a big market for crypto, we also plan to build local partnership as soon as possible.

Q5: Are we planning to hire big PR agency to make PCHAIN more popular?

Feng: We will have more market events to better promote PCHAIN. We noticed that we focused too much on R&D before. We will take more effort on marketing.

Thank you for reading!

PCHAIN will hold AMA with Dr Feng Cao on telegram every Tuesday from 10 pm to 11 pm(Singapore time). See you next week!