AERGO's 2nd AMA with Phil Zamani (CEO)

Here you have the text article with the 1st Phil's AMA:

• AERGO's first AMA with CTO (Hunyoung Park) and CEO (Phil Zamani)

Here you have two parts of AERGO's project review:

• Aergo 4th generation highly scalable blockchain p1
• Aergo 4th generation highly scalable blockchain p2

Official website: https://www.aergo.io/
Telegram: https://t.me/aergoofficial
Telegram Announcement channel: https://t.me/aergoannouncements
Twitter: https://twitter.com/AERGO_IO
Medium: https://medium.com/aergo
Linkedin: https://www.linkedin.com/company/teamaergo/
AERGO Whitepaper: https://paper.aergo.io/AERGO_Whitepaper_v5.2.pdf
AERGO CHAIN Whitepaper: https://paper.aergo.io/AERGO_Chain_Technical_Whitepaper_V1.0.pdf

Phil Zamani:
Hi everyone - Phil here - I will take your AMA questions (Hun is busy coding....!)

[15:00:26] Phil Zamani:
Before we start...in case there are too many questions at once - i will answer the more interesting ones and not answer repeat questions - i will answer all questions but perhaps later if we run out of time - ok?

[15:00:53] parveen taj:
Still not able to add medium verfication code

[15:01:46] Phil Zamani:

parveen taj
Still not able to add medium verfication code

There is a new link - sorry for the inconvenience

[15:01:46] Александр:
Hello Phil! Tell us what actions you are going to take to develop the open source community :)

[15:01:48] Rich & Happy TM

Phil Zamani
I am fine everyone !

Hi, Phil A few days ago I read your article in which did you draw parallels between Linux and Blockchain. Linux systems are mostly free, would you like to give us a little Aergo today for free? :grin: Just kidding. :wink:
My question. In your article you wrote that you are building a blockchain system that follows the open-source characteristics. But open source significantly reduces development costs. Why do you need $30 million? 🤔 Given that you already have a working business - the company Blocko.

[15:02:11] Amusing Clown:
Are you going to spread Aergo vision in live meetings in eastern Europe: Russia, Ukraine, Serbia, Romania and others?

[15:02:13] Nury:

Phil Zamani
I am fine everyone !

Glad for you, I like how you explaining things, so even dumb ones can understand.
You great teacher, keep it up!

[15:02:28] Phil Zamani:
Here is the link for verification of Medium (it will change every 24hrs for security reasons and due to Medium policies)
https://medium.com/@aergo_rewardrop/medium-account-verification-1-61f77c94a5d0

[15:02:32] AM:
How do you see your relaitionships with Blocko in future? .. like Father to Son or equal partners?

[15:02:42] Sandro:
Hi. How many Bps will be set at the start? As consensus is DPoS that’s mean that most of the inhome parametres should be set by holders via voting system. How often will be voting held? Can you explain this part of Aergo more extensively?

[15:02:53] Van 3:
Hello Phil Zamani, what's the ticker for the Aergo token ?

[15:02:55] Ann Si:

Phil Zamani
I am fine everyone !
my first question))

I am sure that among the funds there were many who wanted to become your partners, by what criterion did you make your choice?

[15:03:12] Dmitrii:

Ann Si
my first question)) I am sure that among the funds there were many who wanted to become your partners, by what criterion did you...

Hello, Phil. Several times in whitepaper I met the concept of "best block". could you explain what it is. thank you

[15:03:18] John B:
In case of fast growing and good performance is it possible that Aergo will be asquaired by tech giant like IBM, Microsoft Azure and others? What will happen to holders in this scenario?

[15:03:20] Leonid LEO83:

Phil Zamani
Before we start...in case there are too many questions at once - i will answer the more interesting ones and not answer repeat q...

Hello, Phil! What is currently sold / bought on COINSTACK?

[15:03:29] Chris:
Hallo! You said that the project will have no problems with clients for Blocko company. How are you going to look for new customers, in which industry contact first of all?

[15:03:32] Phil Zamani:

Rich & Happy TM
Hi, Phil A few days ago I read your article in which did you draw parallels between Linux and Blockchain. Linux systems ar...

Good question -all major open source development projects need to be incubated - free developers are not enough - we will prime the platform with the money raised

[15:03:48] John B:
What are your plans for pushing your product to new markets like USA, Canada, Europe? Have you already sign some agreements? Of course I don't ask to disclose exact names, just yes/no.

[15:04:10] plohha:

Phil Zamani
Before we start...in case there are too many questions at once - i will answer the more interesting ones and not answer repeat q...

As I understand AERGO project declares that its ecosystem will have features similar to GitHub. What was the problem to use GitHub? As we see, many IT giants use it and do not build their own platforms

[15:04:13] Phil Zamani:

Amusing Clown
Are you going to spread Aergo vision in live meetings in eastern Europe: Russia, Ukraine, Serbia, Romania and others?

Yes we plan many roadshows from November onwards - watch this space!

[15:04:20] Rich & Happy TM

Phil Zamani
Good question -all major open source development projects need to be incubated - free developers are not enough - we will prime...

Ok. Also, in your article you wrote that Blocko has deployed over 23 commercialized blockchain systems. And who else has deployed many of blockchain systems? IBM? How much more? 🤔 I thought about it after that my funny artwork where I compared AERGO and IBM in this chat has been deleted. :grin:

[15:04:23] Alf1972 Alf:
Phil, You are working on your technology at manufacturing and telecommunications companies, how effective will it be in other areas?

[15:04:48] Basov Maxim:
A distinctive feature of the Aergo project is that you can integrate some changes in your blockchain without any hard forks, which is something that is not found in other projects. Can you tell me how you will do this?

[15:05:06] Boris Britva:
Hello, i have several qustions.

1. What projects in crypto area are most valuable in your opinion? Which of them are you going to partner with? What aspects of Aergo can be strengthened by them?
   2.On last AMA you mentioned that Aergo has hybrid blockchain, is it possible to change our private blockchain on Aergo to public at anytime and switch it back later?

[15:05:12] Serge K:
Hi Phil!
Allow me to also take this opportunity to thank you for the crystal clear explanation of open-source and the parallel to blockchain, as described in your article and in different interviews…it has opened my mind! Thanks! My questions would be:
Q1: What do you foresee as being the major entry barriers/bottlenecks in the implementation of Aergo’s blockchain solutions at enterprise level at this moment?
Q2: It is my understanding that Aergo will focus its marketing efforts towards business clients at the enterprise level. Are you also interested in bringing awareness/exposure for the project at retail customer level…for example by means of regional marketing/advertising partners?

[15:05:18] Phil Zamani:

AM
How do you see your relaitionships with Blocko in future? .. like Father to Son or equal partners?

Think lInux and Red hat....Linux= Aergo (open source platform) and Blocko = Red Hat (enterprise global support)

[15:06:00] Sandro:
How will you determine the charge from small businesses and huge corporations for using Aergo solution, will it differ to them?
Don’t you think that it can be a great marketing move to allow some big enterprises to start use Aergo for free just to make a boom in mass media and push this news to masses?

[15:06:06] Maria:

Phil Zamani
Good question -all major open source development projects need to be incubated - free developers are not enough - we will prime...

Reasonable answer, And what are the ways you wish to use to prime the platform?

[15:06:18] femiuri:

Phil Zamani
Think lInux and Red hat....Linux= Aergo (open source platform) and Blocko = Red Hat (enterprise global support)

What’s your background?

[15:06:27] Phil Zamani:

Sandro
Hi. How many Bps will be set at the start? As consensus is DPoS that’s mean that most of the inhome parametres should be set by...

Hi Sandro - this is a good but difficult question for me to answer - we will share more info on the whole token economics in due course as well a s the voting and safeguard mechanisms we will implement

[15:06:29] Boris Britva:
Have you already got specifications to become Aergo node? What benefits will node take from the ecosystem?

[15:06:33] Evgeniy:
hi Phil, just want to say your reward program is perfect, I believe it will build a strong community, I know that - have big exp in this cases!

[15:07:12] Alfiia Melenteva:
Dear Phil, How many users of your technology without server computing do you expect?

[15:07:16] Phil Zamani:

Ann Si
my first question)) I am sure that among the funds there were many who wanted to become your partners, by what criterion did you...

Simple - they all needed to show us they can add value to the project - so far we are very happy with mostly of the investors - others will help later

[15:07:31] Aleksandr:
Hi, Phil. What limitations in scalability do you see at the moment in the architecture of Aergo?

[15:08:04] Phil Zamani:

Dmitrii
Hello, Phil. Several times in whitepaper I met the concept of "best block". could you explain what it is. thank you

Best block is the best block - sometimes the system may have a Race or conflict condition so we are building a dependency analysis capability to select the best block

[15:08:07] Jakub:
Hallo, Phil, tell us in more detail what the structure of the project team itself looks like. Do you have a separate staff or team members working simultaneously on coinstek and aergo?

[15:08:28] Victoria:
Q1. Would there be a mechanism to reduce the impact of volatility on Aergo tokens?

Q2. Would there be vesting period to lock some of Aergo's tokens? If yes, what would be the period of time for vesting the reserved tokens, tokens for advisors & board leaders and also the ones given as private & public sale bonuses?

[15:09:14] Phil Zamani:

John B
In case of fast growing and good performance is it possible that Aergo will be asquaired by tech giant like IBM, Microsoft Azure...

We are not interested in being taken over - we have a long term vision and will do everything to make this happen...Aergo...distributed trust at scale...we are very happy for these players to be part of our tech and delivery ecosystem and own our tokens (but not the company!)

[15:09:17] plohha:
Hi, Phil. I work as developer and we use GitLab to store and deploy our projects in test env. We use its built-in tools for CI (Continious Integration) including piplines, containerized test environments, containerized review apps. Will AERGO hub have similar features for test development? Or it only will work as repository service + stress testing features?

[15:09:42] Samme:
Hi Phil what is the use case of aergo token? I know one is to pay for services within the ecosystem but people talk about staking, how can we the holders stake tokens???

[15:09:44] GL Tel:
Hi Phil, - Are you planning to implement your distributed cloud computing product primarily for large corporate clients or for a simple user at the same time?

[15:10:09] Dmitrii:
Are you planning to build an ecosystem and push companies to do dapps on your platform? Maybe there are already the first agreements? What applications do you focus most on?

[15:10:28] Phil Zamani:

Leonid LEO83
Hello, Phil! What is currently sold / bought on COINSTACK?

Coinstack is a product that is available and works today (private chains)...+25 deployments and many milllions of users...see it is as the “genesis block” of our code base

[15:10:54] Anny goes crypto:

Phil Zamani
Best block is the best block - sometimes the system may have a Race or conflict condition so we are building a dependency analys...

Hello, not obvious actually, research and Google don't give answer what is it. May I say it is "last validated/confirmed block"?

[15:11:19] Juris J:
Hi, Phil, how soon do you plan to integrate Aergo into a real business, when we can see a real example of using Aergo?

[15:11:50] Phil Zamani:

Chris
Hallo! You said that the project will have no problems with clients for Blocko company. How are you going to look for new custom...

We are already working with leading companies to educate them in what Aergo can do - no specific industry as we are working on deployable use cases first - primary markets a re Korea, china, Uk, Germany and then USA (but we are also talking to companies in other regions as well)

[15:12:46] Victoria:
What will be the total number of Aergo tokens, the maximum units of Aergo for token sale and the price per Aergo token?

[15:13:13] Phil Zamani:
This is our ecosystem of clients today (from Igor our Latvian/Russian cyborg!) @Leonid_LEO83

[15:13:13] Phil Zamani:
Igor [10 oct. 2018 15:12:12]

[15:14:01] Phil Zamani:

John B
What are your plans for pushing your product to new markets like USA, Canada, Europe? Have you already sign some agreements? Of...

Yes we are working in multiple geographies but we are super focused on target clients

plohha
As I understand AERGO project declares that its ecosystem will have features similar to GitHub. What was the problem to use GitHub...

We will use Github but also extend this with new capabilities - we wil not reinvent the wheel where we don’t need to!

[15:14:52] Konstantin:
Hello Phil. Are you planning to do more meetups, presentations of Aergo in future? Was so impressed by your presentation in Seul and looking forward to attending a few in Europe :)

[15:15:43] AM:
@philzamani Phil, you told many times about working of side chains ... like any client can rent the power of side chain for some period and deploy any project in test way. Ofc the the price will be in Aergo utility tokens. So my QUESTION: if tokens will be expensive can it be the problem to use your utility tokens for clients? And will you regulate the price of Aergo tokens, to get more clients? ... i mean in this case - its not good for Aergo to have expensive tokens.

[15:15:57] Phil Zamani:

Rich & Happy TM
Ok. Also, in your article you wrote that Blocko has deployed over 23 commercialized blockchain systems. And who else has deploye...

IBM does hundreds of PoCs per year - we do tens of production deployments !

Alf1972 Alf
Phil,You are working on your technology at manufacturing and telecommunications companies, how effective will it be in other are...

Very as these industries have very complex needs and often lead in innovation

[15:17:31] Victoria:
What are the proposed soft cap and hard cap for private and public sale?

Also, the Aergo token allocation in terms of % among the board leaders, technical team, business team, sale for community, CIP incentives, private & public sale bonuses, reserved tokens...

[15:17:50] Phil Zamani:

Basov Maxim
A distinctive feature of the Aergo project is that you can integrate some changes in your blockchain without any hard forks, whi...

This is part of our magic (experience) mix - we don’t want to share this yet - the team at Aergo did this for over 20 years with Linux with very few hard forks - its about technology - process and skill set

[15:18:37] Asit Tiriya:
Is Aergo's token model similar to ONT and ONG?

[15:18:51] Vladislav L:
Phil,In the near future are planned speeches of representatives of AERGO at various events? Will there be speeches on blockchain exhibitions, hackathons?

[15:18:59] Phil Zamani:

Boris Britva
Hello, i have several qustions. 1. What projects in crypto area are most valuable in your opinion? Which of them are you going t...

1. Cannot comment here (have a few favourites) 2. Yes in principle if you follow our deployment guidelines (this will all be explained when we launch)

[15:19:07] Maria:
Are Blocko customers supposed to implement Aergo blockchain solutions? And at what time limits do you think this can happen?

[15:19:28] Basov Maxim:
Phil, tell me which companies can use your platform or which sectors will you focus on: banking, engineering or fuel industry?

[15:19:29] Phil Zamani:

Sandro
How will you determine the charge from small businesses and huge corporations for using Aergo solution, will it differ to them?

Are you working for us already - how do you know this??? :-)

[15:19:48] Alex:
Hello Phill)
Our community would like to know more about you. I had the idea to create a beautiful creative summary of your background in the form of a poster or infographic. But I need reliable information. Can I get it from you or your team in any way?

[15:20:27] Phil Zamani:

Maria
Reasonable answer, And what are the ways you wish to use to prime the platform?

1. Blocko will underpin the networks 2. Find serious partners for the startup phase (real enterprise hosting capabilities and scale/security built in)

femiuri
What’s your background?

Pls look at LinkedIn (almost all true!!)

[15:21:25] snorlx hash:
Hah, nice AMA so far Phil. You type fast bro!

[15:21:47] K R:
How do you compare Aergo against IBM's Hyperledger and R3's Corda ? In other words how Aergo is placed against them (the competitors) considering the investments,strong teams and customer base they have

[15:21:54] Ann Si:

Phil Zamani

1. Blocko will underpin the networks 2. Find serious partners for the startup phase (real enterprise hosting capabilities and sc...

Many are also interested in the issue of listing the project. Tell me, from the funds that you have already collected, do you plan to allocate a part to take care of the leading exchanges? )) (from the top 10)

[15:22:05] Phil Zamani:

Boris Britva
Have you already got specifications to become Aergo node? What benefits will node take from the ecosystem?

We are finalising the detailed spec for block / node providers - they get rewarded via transaction fees and get top vote on the tech stack and ecosystem over time

How AERGO platform works in a nutshell:
The various stages of input that all users (administrators, developers, clients, and core team) have to pass through within the AERGO system in order to achieve their intended output.

[15:22:34] Dmitri Larikov:
Hello Phil! Are there any changes in Aergo's Github from the last AMA?
Last time you said that AergoSQL smart-contract will be added soon.

[15:22:39] Isinoptic:
Phil, How big will be the Foundation of old developments regarding your new technology in the final product?

[15:22:45] Phil Zamani:
Thank you - Igor - Alison and Obaid designed this (I guess I wont fire them after all!)

[15:22:59] Leonid LEO83:

Phil Zamani
Coinstack is a product that is available and works today (private chains)...+25 deployments and many milllions of users...see it

Why spend AERGO tokens in the Coinstack blockchain?
What are the incentives or practical uses for this?
Owners of tokens AERGO, can spend them in Coinstack?
Is it on the blockchain AERGO. will not every possible use to use tokens?

Can you give an example of how a company that connected to a new subchain on AERGO, but decided to spend tokens on the Coinstack blockchain?
This is possible and what is the use of this action?
Thanks!)

[15:23:28] Phil Zamani:

Evgeniy
hi Phil, just want to say your reward program is perfect, I believe it will build a strong community, I know that - have big exp...

Watch this space for more news! The journey continues...Aergo is a marathon !

[15:23:53] Paul Emmanuel:

Phil Zamani
Watch this space for more news! The journey continues...Aergo is a marathon !

[15:24:07] Van 3:
I'm sorry if I repeat question, in the future you plan to use other programming languages ​​or only AergoSQL?

[15:24:14] Timofey Bagnetov:
Hi Phil, I watch 80% of the questions come from a Russian audience. Maybe you should open an office in Russia?))) But seriously, your project is very much like stratis, I can even say that Aergio is a stratis from Korea. how do you plan to compete with them?

[15:24:23] Phil Zamani:

Alfiia Melenteva
Dear Phil, How many users of your technology without server computing do you expect?

We are not sure but many - as most developers will start on the public net and only move to serverless when the systems get adopted by large ecosystems and large clients - that is also very good for us as we want a very large community in our public net

[15:24:33] snorlx hash:

Ann Si
Many are also interested in the issue of listing the project. Tell me, from the funds that you have already collected, do you pl...

From what we've seen with ICO's launching over the past 12 months, devs will rarely be open about this topic. On one hand they might be seen as shilling, on the other the exchanges might not want to be mentioned because of p&d

[15:27:24] Enidlareg:
Are there new dAPP tools invented by AERGO for developers to work with?

[15:27:36] Phil Zamani:

Aleksandr
Hi, Phil. What limitations in scalability do you see at the moment in the architecture of Aergo?

Very good question - I don’t know ! - but here is what you need to know about scalability - it depends on a mixture of things private, public chain interaction, plasma bridges, underlying network topology, network/computer/disk latency and overall system design / when you here xxx has a TPS of 1billion per second its like saying you have a jet engine in a car...if the tyres blow out at 100km/h - what’s the point!...Aergo’s architecture in theory provides infinite scalability - now we need to build this stage by stage

[15:28:27] smak9:
Hello, Phil! :-) We've made a voice over for your article "Drawing a parallel between Block chain and Linux" (timing - 45 minutes) 🎙 with a studio quality. Where should we post it, so that everyone who didn't read it yet, could listen to it? As it is not allowed to post audio and links here, I wonder where to post such works?

[15:28:30] Mykhailo Yatsenko:
Hi Phil, please tell your opinion how blockchain makes a project better for end users than the centralized alternative. Example: tell me why blockchain based Twitter competitor would be better than Twitter.

[15:29:22] Phil Zamani:

Jakub
Hallo, Phil, tell us in more detail what the structure of the project team itself looks like. Do you have a separate staff or te...

Yes we have three teams 1. Coinstack support 2. Aergo chain 3. Aergo enterprise architecture - split Korea, Uk, Germany, Canada and Brazil! We are looking for good developers anywhere we can find them ! Pls apply on hello@aergo.io :-)

[15:30:16] Ann Si:

snorlx hash
From what we've seen with ICO's launching over the past 12 months, devs will rarely be open about this topic. On one hand they m...

Of course, I understand what you are saying) But the listing is an integral part, and how much the project team takes care of it, also speaks about the seriousness of the project. After all, investing their money, investors want to have confidence in success, and as we all know, much depends on the exchange)

[15:31:21] Phil Zamani:

Victoria
Q1. Would there be a mechanism to reduce the impact of volatility on Aergo tokens? Q2. Would there be vesting period to lock s...

1. This almost impossible - i could give a BS answer here but this is not yet fully tested or known - assume no for now (but we have some maths geniuses working on something to help here) 2. We don’t disclose this kind of private info beyond the WP but we will try to be fair with all stakeholders (investors and community etc)

plohha
Hi, Phil. I work as developer and we use GitLab to store and deploy our projects in test env. We use its built-in tools for CI...

You will love what we are building - it mirrors in many ways you already work - we believe in the future of containerisation and micro-services so you will see this something 2H2019

[15:33:08] Rich & Happy TM
Last AMA you promised that we would see the Aergo code on the GitHub. When can we do this?

[15:34:02] Phil Zamani:

Samme
Hi Phil what is the use case of aergo token? I know one is to pay for services within the ecosystem but people talk about stakin...

See our white paper but we are also hoping to publish a more detailed document on network economics soon - staking also gives you a real vote inn the future of AERGO and the selected block providers! Pls bear with us as we are working on this ...

[15:34:29] snorlx hash:

Ann Si
Of course, I understand what you are saying) But the listing is an integral part, and how much the project team takes care of it...

Yep yep understood and i agree. Each exchange seems to have connotations attached so sometimes its a double edged sword. When binance now = when dump. When kucoin = when graveyard. But I'm sure core team has an enterprise and legacy hive mindset, and trading of the coin will be integral. We'll just see in time which exchanges and when

[15:34:46] Samme:

Phil Zamani
See our white paper but we are also hoping to publish a more detailed document on network economics soon - staking also gives you...

Thanks for the reply, Is there any financial incentive for staking??

[15:34:58] Phil Zamani:

GL Tel
Hi Phil, - Are you planning to implement your distributed cloud computing product primarily for large corporate clients or for a...

It’s company and deployment independent - thinks of AWS - it works for developers, startups, sMBs and large enterprise clients

Dmitrii
Are you planning to build an ecosystem and push companies to do dapps on your platform? Maybe there are already the first agreem...

Yes this is key to our strategy - we are not yet ready to select which apps as this should be marketable and client driven - but we are developing our own Dapps :-) to kick start the process

[15:36:47] Dmitriy:
Hi Phil. What is the limit of possible changes to the architecture, which will allow you to do without hard forks?

[15:37:00] Phil Zamani:

Ann Si
Excellent) what is their help, for example JRR or FBG? (In terms of development)...

We have agreed help in specific areas with each investor. Too many to list but also confidential :-)

Anny goes crypto
Hello, not obvious actually, research and Google don't give answer what is it. May I say it is "last validated/confirmed block"?

I am going to have to ask Hun to answer this as I cant answer it myself ! We will post the answer later as he is probably in bed now!

[15:39:04] Max winger:
Hi,
Is it too late to write an article about Aergo? Been in this group a while and been following Aergo now a while, but lately i've been busy and missed some announcements. I'm afraid that if i write an article now, it will not get enough views for it to be valuable for the TDE.
Is there value in the content in generell or do you value views more than that?
Thanks

[15:39:37] Phil Zamani:

Juris J
Hi, Phil, how soon do you plan to integrate Aergo into a real business, when we can see a real example of using Aergo?

We have a number of projects being specified now - nothing will be made public until our magnet is out and fully tested - so if you want o see first external use cases - early next year - if you want to I see real use cases - in a few months (via our partner Blocko!)

[15:39:40] Aleks:
Hi, @philzamani ! Where you see the greatest potential in the development of the project? What kind of market (I mean the region) are you oriented first of all. You have customers in the Asian market now. Where do you go next in the first place?

[15:39:40] smak9:
Phil, I have a question for you as an expert in the open source field. As the users of open source projects can donate money and the foundations can distribute it in a fair way, how would be the transfer of value between the open source producers and the open source consumers implemented? What kind of links (unidirectional or indirect) will AERGO use?

[15:40:15] snorlx hash:

Phil Zamani
It’s company and deployment independent - thinks of AWS - it works for developers, startups, sMBs and large enterprise clients...

Phil I'm still trying to get my head around how to undestand what Aergo is aiming for. Is it a protocol/platform/interoperable project? Or is it bigger that has its own language and can potentially form the spine and interactive layers (oracles) to host a decentralized web?

From the little i do understand you guys are focused on enterprise and adoption, but damn it's massive

[15:40:21] Phil Zamani:

Victoria
What will be the total number of Aergo tokens, the maximum units of Aergo for token sale and the price per Aergo token?

500,000,000 - for the rest please read our official announcement on medium

[15:41:28] Phil Zamani:

Konstantin
Hello Phil. Are you planning to do more meetups, presentations of Aergo in future? Was so impressed by your presentation in Seul...

Hi Konstantin (my dad had your name so I like you already!) - yes we plan many meetups and are in fact looking for local Aergo ambassadors (more on this isn a future post ;-)

[15:42:15] Phil Zamani:

Rich & Happy TM
Thanks Phil. I think in this chat people can be divided into two teams. In one team, those who want to get rewardrop. In another...

No comment on second point (for now!) - I love the first group though!!

[15:42:42] AM:

Phil Zamani
Hi Konstantin (my dad had your name so I like you already!) - yes we plan many meetups and are in fact looking for local Aergo...

So you are Phil Konstantinovich

[15:42:52] Phil Zamani:

AM
@philzamani Phil, you told many times about working of side chains ... like any client can rent the power of side chain for some...

Very good question - see our updated token economic paper soon where we will try to answer these questions - in short the model has to work well for all stakeholders !

[15:44:46] Blockchain Geek:

Phil Zamani
Very good question - see our updated token economic paper soon where we will try to answer these questions - in short the model...

Hi, Phil how ambassador gonna work for Aergo , I was wondering although it is very interesting to work for Aergo in long term.

[15:44:48] plohha:
Phil, in one of your last interviews you tried to draw an analogy between RedHat=>Linux and your project. But maybe RedHat success rests on a wide number of Linux ecosystem developers and this ecosystem was not built by RedHat. And there are many other Linux-based projects. Don't you think that it is some kind of a presumptuous claim?

[15:45:23] Phil Zamani:

Asit Tiriya
Is Aergo's token model similar to ONT and ONG?

I don’t know as I don’t know these projects well enough - i tend to focus my time on our tech and our customers (and of course our community!!)

[15:45:56] Rani | FORESTING.IO:
I must commend high level of uniqueness in the use case of this project. It is one of the best I've seen around. It only shows that this team understand the cryptocurrency and blockchain technology very well.

a) How does this project intend to make available to the people the knowledge to design dapps

b) In what way is AERGO project any different from the usual blockchain projects

c) How do u relate the current level of deficiencies of the existing blockchain platforms and the mission of this project.

d) And lastly What is the motivation behind this project.

[15:46:14] Anny goes crypto:

AM
@philzamani Phil, you told many times about working of side chains ... like any client can rent the power of side chain for some...

Look at this at other angle, you can buy tokens now, when you don't need computing power (for example) and use it later, and get computing power cheaper than market. It is like buying computing power futures. Besides I am sure prices for services won't be fixed, but will adjust accordingly to token price.

[15:46:38] Phil Zamani:

Vladislav L
Phil,In the near future are planned speeches of representatives of AERGO at various events? Will there be speeches on blockchain...

Yes and in fact we need your advice on what events work best by region/county/sector - our tech team just presented our new tech at SAN Francisco blockchain week and it was well received - more will follow from November onwards

[15:48:02] Phil Zamani:

Alex
Our community would like to know more about you. I had the idea to create a beautiful creative summary of your background in the...

I am a bot! Don’t bother...seriously...focus on our tech and strategy not me (pls)

snorlx hash
Hah, nice AMA so far Phil. You type fast bro!

Thanks - i am a poor typist so sorry for the typos girls and guys (and bots!)

[15:48:35] AM:

Anny goes crypto
Look at this at other angle, you can buy tokens now, when you don't need computing power (for example) and use it later, and ge...

Ofc. But i guess lot of companies that gonna become partners of Aergo even dont about Aergo now ... ofc we can speculate tokens in future. But i wondered about economical politic of Aergo)

[15:49:07] Phil Zamani:

K R
How do you compare Aergo against IBM's Hyperledger and R3's Corda ? In other words how Aergo is placed against them (the competi...

David versus Goliath...lets see if history repeats itself !

[15:49:22] Asit Tiriya:

Phil Zamani
I don’t know as I don’t know these projects well enough - i tend to focus my time on our tech and our customers (and of course o...

Haha thx. Phil as you always mention Linux, would like to know your thoughts on Hyperledger fabric by Linux Foundation - which is also open source and aimed at businesses but also quite popular? Is that your target 🤔:grin:

[15:50:01] Phil Zamani:

Ann Si
Many are also interested in the issue of listing the project. Tell me, from the funds that you have already collected, do you pl...

This is not an great question to ask as we don’t disclose any commercial info on our public channels - sorry!

[15:50:17] Nikita Genny:
why I got this? The request token for this page is invalid. It may have already been used, or expired because it is too old. Please go back to the site or application that sent you here and try again; it was probably just a mistake.

[15:50:45] Phil Zamani:

Enidlareg
How AERGO platform works in a nutshell: The various stages of input that all users (administrators, developers, clients, and cor...

This is like asking how does an aeroplane work! Please read our tech paper as it is 66 pages of answers for you!

Dmitri Larikov
Hello Phil! Are there any changes in Aergo's Github from the last AMA? Last time you said that AergoSQL smart-contract will be...

Let me check with the tech team as I know we have stuff ready here...

[15:52:19] Blockchain Geek:

Phil Zamani
This is not an great question to ask as we don’t disclose any commercial info on our public channels - sorry!

Really , I like that team is not focussed on listing rather than on tech, great projects never care of listing and price , as at the end it is tech which wins.:smile:

[15:52:36] Phil Zamani:

Isinoptic
Phil, How big will be the Foundation of old developments regarding your new technology in the final product?

Pls ask this again hello me to better understand what you mean Isinoptic

[15:53:40] Phil Zamani:

Leonid LEO83
Why spend AERGO tokens in the Coinstack blockchain? What are the incentives or practical uses for this? Owners of tokens AERGO,...

You can use Aergo tokens immediately for commercial support of coinstack - thereafter thereby will be sued fo Aergo based services

[15:54:01] Anny goes crypto:

AM
Ofc. But i guess lot of companies that gonna become partners of Aergo even dont about Aergo now ... ofc we can speculate tokens...

I see it not as speculation but natural part of platform economy - free market conditions and competition.

[15:55:16] Phil Zamani:

Timofey Bagnetov
Hi Phil, I watch 80% of the questions come from a Russian audience. Maybe you should open an office in Russia?))) But seriously,...

we do have an active russian-speaking community as a starting point...we will do more in Russia over time - not familiar with Stratis...probably great team as well - if they fail we will hire their R&D team perhaps!

[15:55:17] Enidlareg:

Phil Zamani
This is like asking how does an aeroplane work! Please read our tech paper as it is 66 pages of answers for you!

I read WPR twice, just that it seems kind of complex to easily comprehend. But I will read it again and hope to figure everything out.

[15:55:58] Alex:

Phil Zamani
I am a bot! Don’t bother...seriously...focus on our tech and strategy not me (pls)

If you are a bot, then in this case, you really have ingenious programmers Ok, then I will focus on your technology and strategy.

[15:56:19] AM:

Anny goes crypto
I see it not as speculation but natural part of platform economy - free market conditions and competition.

Different words, but the sense is quite the same ... ofc community wants to see 100$ for a token, but is it good for development of Aergo as working platform?! Thats the question🤔

[15:56:21] Isinoptic:
How big is part of the innovation in your project, how much of it is based on old developments?

[15:56:44] Anny goes crypto:

Phil Zamani
You can use Aergo tokens immediately for commercial support of coinstack - thereafter thereby will be sued fo Aergo based servic...

So, if customer wants coinstack services (like you can get from Blocko now) he will need to order it through AERGO platform and pay in tokens in future? Will not be possible to order straightly from Blocko and pay in fiat?

[15:57:33] Phil Zamani:

snorlx hash
From what we've seen with ICO's launching over the past 12 months, devs will rarely be open about this topic. On one hand they m...

Sorry did not understand this - we plan to build an active community of developers and inn fact I can pre-announce something we are going to all “DevDrop” :-) more on this later...

Enidlareg
Are there new dAPP tools invented by AERGO for developers to work with?

Yes we are building some sort developer kits...more on this when the tech team are ready to showcase this

[15:59:25] Phil Zamani:

smak9
Hello, Phil! :-) We've made a voice over for your article "Drawing a parallel between Block chain and Linux" (timing - 45 minute...

Firstly thank you - we know who you are as the CVAT tool picked this out! A member of our team will be in touch with you to give this excellent work the maximum outlet possibility :-)

[16:00:01] Valera:
Hallo! Do you have or may be planning to create a Bounty program of encourage for independent developers?

[16:00:24] Phil Zamani:

Mykhailo Yatsenko
Hi Phil, please tell your opinion how blockchain makes a project better for end users than the centralized alternative.

Example:
You can hack centralised systems - decentralised ones not so easy - just look at the new on data privacy leaks over then past 12,6.3 months now and least few days

[16:01:19] Anny goes crypto:

AM
Different words, but the sense is quite the same ... ofc community wants to see 100$ for a token, but is it good for development...

I did say no word about community wanting high token price. Imagine you are provider - you can set prices for you services in token equivalent of USD - so it will be stable in usd but differ in token - I don't see any problems here? No? Problem may be in transaction fees like in Eth, if they are set and non chageble or price for smart contract deploy. But i see it as features of blockchain economy not threats. Self governing game theory.

[16:02:31] Phil Zamani:
Dear community great questions - I will stay online and answer all questions up to this point - all other questions will be picked up by the team in the next AMA - sorry and once again thanks !

[16:03:05] Paul Emmanuel:

Phil Zamani
Dear community great questions - I will stay online and answer all questions up to this point - all other questions will be pick...

Thanks for your time sir.

[16:03:21] Enidlareg:

Phil Zamani
Dear community great questions - I will stay online and answer all questions up to this point - all other questions will be pick...

Thanks so much for being here

[16:03:26] AM:

Anny goes crypto
I did say no word about community wanting high token price. Imagine you are provider - you can set prices for you services in to...

Yes ... thats the way out .. i thought about it.

[16:03:48] Phil Zamani:

Ann Si
Of course, I understand what you are saying) But the listing is an integral part, and how much the project team takes care of it...

You can be confident we are very serious and very confident about our team - tech - ecosystem - strategy and launch plans - watch this space !!

[16:04:35] Phil Zamani:

Rich & Happy TM
Last AMA you promised that we would see the Aergo code on the GitHub. When can we do this?...

The tech team will get back to the community with an update very soon

[16:05:16] Happy Dragon:
Phil, in the AERGO's tech-whitepaper there is a brief explanation about AERGO FILE SYSTEM (AERGOFS) and I think your own distributed file system is a good way to achieve scalability blockchain ecosystem, my questions is did the team already made some steps to embody this function?

[16:05:20] Timofey Bagnetov:

Phil Zamani
we do have an active russian-speaking community as a starting point...we will do more in Russia over time - not familiar with St...

reply sure of man! cool)))

[16:06:06] Phil Zamani:

snorlx hash
Yep yep understood and i agree. Each exchange seems to have connotations attached so sometimes its a double edged sword. When bi...

Forget about exchanges - focus on the vision - the tech - the team - the strategy - the developers and last but not least customer adoption - everything else will flown from these :-))

[16:06:10] itai:
How about a kit for future ambassadors? Or anyone else who is interested in hosting an Aergo meeting in their country, with some organized materials that are more suited for the general public, including people who have little previous knowledge of blockchain, whom first introduction with it would be via (said ambassador/persom) into Aergo itself. Would such a kit be a possibility in the future? One could do fine without such a kit of course, as a lot of information is already available. But it would be nice :)

[16:07:01] Phil Zamani:

smak9
Hello, Phil! :-) We've made a voice over for your article "Drawing a parallel between Block chain and Linux" (timing - 45 minute...

Pls message admin and they will take care of you . The content still has to be submitted on get.aergo.IO

[16:07:13] vaji:
Partnership with blocko is amazing , it is very nice to know that blocko will be parent company for aergo , Blocko will help in the development by providing some of its working products, services and original projects for the AERGO platform , which will be a really interesting to watch , i hope this this partnership will take us to the moon. :blush:

[16:07:30] snorlx hash:

Phil Zamani
Forget about exchanges - focus on the vision - the tech - the team - the strategy - the developers and last but not least custom...

Yep i agree. That's the point i was trying to make. Legacy over short term hype

[16:07:33] Phil Zamani:

Samme
Thanks for the reply, Is there any financial incentive for staking??

Yes there will be!

Dmitriy
Hi Phil. What is the limit of possible changes to the architecture, which will allow you to do without hard forks?

Hard to answer this - its like saying the software will be bug free - we will aim to limit any chances of forking - that’s the best I can offer for now

[16:09:05] Phil Zamani:

Max winger
Hi, Is it too late to write an article about Aergo? Been in this group a while and been following Aergo now a while, but lately...

Yes you can - rewardrop deadline is Sunday 14th October

[16:09:11] Serge K:

Phil Zamani
Dear community great questions - I will stay online and answer all questions up to this point - all other questions will be pick...

Thanks for your time and clarification of certain project related issues!:+1:

[16:09:44] Ann Si:

Phil Zamani
You can be confident we are very serious and very confident about our team - tech - ecosystem - strategy and launch plans - watc...

Thank you) We see that your team is as strong as the partners))
p.s
sorry if the question was inappropriate)

[16:10:02] Phil Zamani:

Aleks
Hi, @philzamani ! Where you see the greatest potential in the development of the project? What kind of market (I mean the region...

It is not actually geographically focused - we have a good feeling for which type of uses cases will be good first projects for Aergo - these are the ones we will focus on

[16:11:50] Phil Zamani:

smak9
Phil, I have a question for you as an expert in the open source field. As the users of open source projects can donate money and...

The best example I can give you is (yes Linux once again) is how the Linux plus enterprise corporations behind it work (Red Hat, SuSe Linux, Canonical etc..)..the model has proven to wok and we will follow a similar approach (pls see my Medium article on open source for more info)

[16:11:57] vaji:
Why i like blocko partnerships because of one logic , experienced team can do much more than unexperienced one , blocko already know about all things and mostly they have great marketing with big companies it will surely help aergo.

[16:12:19] Eva:

Phil Zamani
It is not actually geographically focused - we have a good feeling for which type of uses cases will be good first projects for...

You are more focused on South Korean Market. Don't you think it's time to spread wings

[16:14:39] Phil Zamani:

snorlx hash
Phil I'm still trying to get my head around how to undestand what Aergo is aiming for. Is it a protocol/platform/interoperable p...

You are on the right track - its not a protocol - its a whole decentralised platform that leverage hybrid Blockchains, enterprise app development (micro services), serverless cloud deployment (for scale - privacy- performance), open source core technology and open source mantra/mentality/culture and all wrapped up with four years worth of practical enterprise deployment expertise from blocko...IBM is the close competitor...its a huge undertaking but we believe we have then vision...team and passion/skills to make it happen!!!

Ann Si
Very interesting, it is a pity that this is confidential information)) Thanks for the reply))...

This is only reasonable and professional - as stated we are very happy with our investors and some have been giving us excellent coaching and extra advise - why? They like the projects and they LOVE our team :-)

[16:16:22] Iceman:

Phil Zamani
You are on the right track - its not a protocol - its a whole decentralised platform that leverage hybrid Blockchains, enterpris...

We are here to support in Everyway we can

[16:16:27] Phil Zamani:

AM
So you are Phil Konstantinovich

Correct!

[16:17:00] Serge K:

Phil Zamani
It is not actually geographically focused - we have a good feeling for which type of uses cases will be good first projects for...

Please take the Netherlands into consideration in your expansion plans as it is a forward thinking country with high rate of interest in the adoption of blockchain solutions within dutch multinationals🙂

[16:17:34] Eva:
Which project you consider your self as competitor

[16:17:39] Phil Zamani:

Blockchain Geek
Hi, Phil how ambassador gonna work for Aergo , I was wondering although it is very interesting to work for Aergo in long term.

More info on this in the very near future - we want the best and most passionate/experienced people to help us (anywhere they can add value to our ecosystem!)

[16:18:27] Phil Zamani:

Phil Zamani
More info on this in the very near future - we want the best and most passionate/experienced people to help us (anywhere they ca...

We will be attracting top community contributors and working with them going forward. That will revolve around content, community support, events, ecosystem (less so tranbslations - we have received a lot of those so far and have already reached out to translators for G20 languages + dutch). More structured ambassador program guidelines are coming after the rewardrop program is closed. Right now we are evaluating applicant to select for long-term. P.S. Developer community is separate

[16:19:38] Joshua:

Phil Zamani
We will be attracting top community contributors and working with them going forward. That will revolve around content, community...

Nice one sir!

[16:19:44] Blockchain Geek:

Phil Zamani
More info on this in the very near future - we want the best and most passionate/experienced people to help us (anywhere they ca...

Thanks , looking forward for it :)

[16:20:32] Phil Zamani:

Anny goes crypto
Look at this at other angle, you can buy tokens now, when you don't need computing power (for example) and use it later, and ge...

Do not look at aergo as speculative assets - look at them as powering a new way of decentralised apps and business ecosystems - if you believe in this future (and that we can deliver against this) - it may be worth holding these tokens ;-)

[16:20:47] Ann Si:

Phil Zamani
This is only reasonable and professional - as stated we are very happy with our investors and some have been giving us excellent...

• as well as the community loves Aergo and believes in your success)):top:🤗 Thanks Phil))

[16:21:31] Phil Zamani:

AM
Ofc. But i guess lot of companies that gonna become partners of Aergo even dont about Aergo now ... ofc we can speculate tokens...

See future token economics paper

Asit Tiriya
Haha thx. Phil as you always mention Linux, would like to know your thoughts on Hyperledger fabric by Linux Foundation - which i...

Hyperledger has some great things going for it and IBM is a great company - we share some common goals and even some common tech - but we are focusing on our own strategy as this is 100% customer focused (not vendor/consortia focused)

[16:24:21] Phil Zamani:

Rani | FORESTING.IO
I must commend high level of uniqueness in the use case of this project. It is one of the best I've seen around. It only shows t...

Thank you for kind words
A/ i can pre-announce that we will be running an incubator and give all the support needed to dapp developers that are either launching soon or have already launched and are not happy with the main chain they have selected (you can fill in the dots here)
B/ all of the above, but also wanted to note that we will be enterprise/developer focused. I.e. meaning that we will make it easier for developers to build enterprise-grade dApps.
C/ there is always a trade-off between scalability, decentralization, latency. The trilemma. The great projects are solving not a single issue (e.g. scalabnility) but are solving the trilema problem and looking for real adoption and enterprise readiness
D/ please see the open-source article

[16:24:24] Happy Dragon:

Happy Dragon
Phil, in the AERGO's tech-whitepaper there is a brief explanation about AERGO FILE SYSTEM (AERGOFS) and I think your own distrib...

And other question that is related, will AERGO in the future provide cloud service like S3 Amazon? Thanks in advance for your answer.

[16:25:56] Phil Zamani:

Enidlareg
I read WPR twice, just that it seems kind of complex to easily comprehend. But I will read it again and hope to figure everythin...

Yes you are right it is complex - a better short paper was written by whitepaperdebunked (sorry my writing skills are limited !!)

[16:26:43] Matt Wolf:
@philzamani Who is your ideal user?

[16:27:11] Phil Zamani:

AM
Different words, but the sense is quite the same ... ofc community wants to see 100$ for a token, but is it good for development...

Yes we understand and all I can say is “we are working on to” seriously,..,.we are !

Isinoptic
How big is part of the innovation in your project, how much of it is based on old developments?

Very good question - simple answers its a pragmatic mixture of new (not yet fully tested)...current (well test)...old (forgotten but reborn - eg SQL adapted to blockchain to allow 8.5M developers the opportunity to get into blockchain easily)...when the iPhone 1st launched...Oier 80% of the tech was developed beforehand...many projects focus on the new and shiny...customers want working and best value for money!

[16:30:00] AM:

Phil Zamani
Yes we understand and all I can say is “we are working on to” seriously,..,.we are !

In this market i guess working on economical side of project should be cold-blooded without any rush!:+1:

Anny goes crypto
So, if customer wants coinstack services (like you can get from Blocko now) he will need to order it through AERGO platform and...

No they can pay in fiat as before and in the future use Aergo tokens if they want to get into the broader Aergo ecosystem - it will entirely be their choice

[16:33:17] Matt Wolf:
@philzamani i advise businesses who look to deploy blockchain, why am I choosing AERGO over someting like Ontology or Dragonchian or Wanchain to build a solution with?

[16:33:29] Phil Zamani:

Valera
Hallo! Do you have or may be planning to create a Bounty program of encourage for independent developers?

Hello Valera - yes we will have extra and new programs to incentivise programmers and others to participate in the Aergo ecosystem - if you are a programmer pls talk to us :-)

[16:34:06] Lum:
Hey Phil, I am working on a article describing some new ideas and futures for Aergo. Do I have a change for a reward:neutral_face:

[16:34:48] Phil Zamani:

smak9
Thank you so much for the answer :relaxed: We appreciate your care!

Thanks smak9 - I wills top answering questions now as need to meet someone for an interview...I will quickly look at the remaining questions and pick 5 to answer now - talk again soon (AMA OUT!)

[16:35:43] Amusing Clown:
What do you think about the current Ardor (BaaS) platform? Compared to other competitors, are they favorites that can affect the future of the blockchain in the service sector?

[16:38:17] Phil Zamani:

Happy Dragon
Phil, in the AERGO's tech-whitepaper there is a brief explanation about AERGO FILE SYSTEM (AERGOFS) and I think your own distrib...

Hello Happy Dragon (love the name btw!) - yes we are in very advanced staged of our file system strategy - as you know this is a critical element to overarching technology stack - more will be shared soon (the team working on this are some of them worlds best open source storage and file /network system engineers who wrote a lot of the baseline code for flies systems like ReiserFS etc...trust me they are SERIOUSLY good...I know as they worked with me at Red Hat and SuSe and VMware and then Deutschland Telekom!!

itai
How about a kit for future ambassadors? Or anyone else who is interested in hosting an Aergo meeting in their country, with some

Hello Ita - we are building exactly that - more info shortly - we will have events form basic beginners to teen most advanced tech CIO level audiences !

[16:40:44] AM:
How many hours do you sleep? Do you sleep at all?):wink:

[16:43:01] <-ThomaS->:
Hello Phil! Thanks for answers! I want to ask if there is a detailed plan for the monetization of the project?

[16:44:16] Phil Zamani:

vaji
Partnership with blocko is amazing , it is very nice to know that blocko will be parent company for aergo , Blocko will help in...

Hi Vaji..yes we are truly honoured to be working very closely with Blocko...that team is absolutely brilliant and committed to our cause...from their leadership team (Won, Allan, Hun, Jinsok, Jane), lead developers like YP, Hochul, right down to the super cool designers like YulHui, biz dev folk like Jinny, marketing team members like Alison, Yoonho and Hun they are all great to work with (all 86 of them!)...the relationship is not only solid - its fundamental to our Aergo success!

[16:46:09] Phil Zamani:

Eva
You are more focused on South Korean Market. Don't you think it's time to spread wings...

South Korea is our genesis base...we will always have strong ties to South Korea...but our wings are already spreading....UK, Germany, Canada and Brazil...we are also hiring a completely new team for China!

[16:46:39] Happy Dragon:

Phil Zamani
Hello Happy Dragon (love the name btw!) - yes we are in very advanced staged of our file system strategy - as you know this is a...

Awesome! I really believe in your team, AERGO's plans to conquer blockchain world are promising and seem truly real! Btw thank you for your work in Red Hat, I am on CentOS

[16:46:46] Phil Zamani:

Happy Dragon
And other question that is related, will AERGO in the future provide cloud service like S3 Amazon? Thanks in advance for your an...

Yes - via partners

Matt Wolf
@philzamani i advise businesses who look to deploy blockchain, why am I choosing AERGO over someting like Ontology or Dragonchia...

Because our technology works and has been tested and implemented with clients like Samsun and the central Bank Of Korea...not PoCs...millions. Of users...oh ands our team is simply awesome (expertise - customer focus - and committed!)

Lum
Hey Phil, I am working on a article describing some new ideas and futures for Aergo. Do I have a change for a reward

Yes

AM
How many hours do you sleep? Do you sleep at all?)

Between 4-6 hours :-)

[16:50:08] Matt Wolf:

Phil Zamani
Because our technology works and has been tested and implemented with clients like Samsun and the central Bank Of Korea...not Po...

maybe something beyond your deployments as the others we build on have deployments too, I get that. It was an honest question. Each have a strength and a weakness or an ideal use case inside of IoT or Gaming or Supply Chain. Just wanted to hear what you thought it was...I am just learning about AERGO so I don't think it was an unreasonable question - Antonym is the kind of firm you will have building on top of your platform.

[16:51:07] Phil Zamani:

Serge K
Please take the Netherlands into consideration in your expansion plans as it is a forward thinking country with high rate of int...

I love the Netherlands...cheese...tulips....and.....!!! We are OPEN for business and happy to talk to anyone who is serious about understanding what AERGO can do for them !

[16:54:14] Phil Zamani:

Matt Wolf
maybe something beyond your deployments as the others we build on have deployments too, I get that. It was an honest question.

You are right Matt...I can’t comment about other projects as there are simply too many out there...my experience tells me to always keep an eye on your customers - partners and developers - that’s what matters (let marketing monitor the competition !!)...on industries like IoT and FinServ etc...this is still vey early days to back anyone as a winner...this market will take probably 2-3 years before the tip projects start distancing themselves from the new packs...we hope to be one of them!

[16:57:22] Phil Zamani:

Александр
Hello Phil! Tell us what actions you are going to take to develop the open source community :)

Sorry missed this important question - being an open source platform is one of our four major tenets (ie. elements) of our strategy - please see my Medium article for details on our exact strategy and execution approach

Van 3
Hello Phil Zamani, what's the ticker for the Aergo token ?

Not finalised but probably something very creative...like AERGO :-)

[17:01:22] Phil Zamani:

Serge K
Hi Phil! Allow me to also take this opportunity to thank you for the crystal clear explanation of open-source and the parallel...

Q1. Visibility of AERGO - we need to spread the word and make our brand awareness much better Q2. We sate we are an enterprise blockchain focused business but the truth is the tech works for all kinds and sizes of business - again think of AWS - it serves every type of business (very well I may add!)

[17:01:29] Alexandr:
Etherium network has several standards for tokens, for example, ERC—20. What standards will be maintained in the Aergo, for example, for sidechains?

[17:01:42] <-ThomaS->:
In 2001, to turn from a small software company into a serious player in the corporate software market, Red Hat had to replace Red Hat Linux with an enterprise-class software product that would keep the code open, but would cease to be free.
How does AERGO plan to make money in the future?

[17:02:00] Dmytro Chigurovich:

Phil Zamani
Q1. Visibility of AERGO - we need to spread the word and make our brand awareness much better Q2. We sate we are an enterprise b...

How quickly will Aergo use your existing customer base?

[17:03:33] Matt Wolf:

Phil Zamani
You are right Matt...I can’t comment about other projects as there are simply too many out there...my experience tells me to alw...

let me rephrase, wasn't speaking esoterically, can I build on AERGO now for enterprise or no? Literally asking because if so we want to look into building on it currently for projects. If not, we will keep you in the file for later when you are ready. We build on many chains.

[17:03:37] Demid Rezin:
Hi

Phil Zamani
Q1. Visibility of AERGO - we need to spread the word and make our brand awareness much better Q2. We sate we are an enterprise b...

do you plan in the future to give your token security characteristics ?

[17:07:42] Phil Zamani:

plohha
Phil, in one of your last interviews you tried to draw an analogy between RedHat=>Linux and your project. But maybe RedHat succ...

Yes you are (in part) correct. IO only I use Red Hat as an example a s they 1. We’re the most successful 2. I worked there and saw this first hand 3. They are still one of the most open source focused and successful firms out there. of course there were many many other firms and developers (Mandriva, Debvian, SuSE Linux, Canonical) and the many many other open source developers across the globe. My article was not meant to be completely factual and accurate but to draw generic conclusion about why Linus dn Red Hat succeeded. I apologise if I came across as presumptuous - that’s was not my intent Plohha :-(

Rani | FORESTING.IO
I must commend high level of uniqueness in the use case of this project. It is one of the best I've seen around. It only shows t...

Hope we answered your questions Rani!

[17:10:38] Happy Dragon:
2 hours AMA, mamma mia! How much Phil likes his project and its community! :clap:

[17:10:43] Phil Zamani:

Van 3

I like this comment the best (today)! Over and out from Phil...until our next AMA :-)

AERGO's 2nd AMA with Phil Zamani (CEO)