Evanesco AMA Recap
Evanesco is Polkadot Eco‘s first layer0 privacy network protocol. EVA is aimed to build the unique financial protocol platform in the Web3 ecology that combines Layer0 network infrastructure and privacy computing framework.
Today we have Andrew as Director of Product of Evanesco joining us to answer our questions for the next hour.
Question from the CryptoRank team
#1. Can you tell us about Evanesco? What problems do you solve, both in the space and for the community?
Andrew: – OK，Evanesco is a financial protocol platform that combines Layer0 network infrastructure and privacy computing framework.
And as we all know, the blochchain market is easily affected by on-chain information , we want to provide reliable transactions and account privacy at the same time.
#2. Could you shortly describe the milestones Evanesco have achieved, and about your upcoming plans?
Andrew: – Sure, we have submitted privacy protocol client in Rust version to web3 recently，and our testnet is undergoing, we plan to launch our mainnet in Q3.
Questions from Twitter
#1. Share with us about your plans for 2021, what are you currently focus on, and are you going to expand the list of major exchanges?
Andrew: – In 2021， we are focusing on testnet & mainnet launch，also we are engaged at empowering multi-ecosystom defi & NFT market with privacy features.
Yes, we are going to list on gateio & MXC , more exchanges will list EVA in future
#2. Who is in Team ? what are his backgrounds & credentials, and do they have any public track records?
Andrew: – Ok, following are our key members.
William-co funder: Served as R&D director and CTO of listed companies such as LeEco and CreditEase Rich experience in blockchain and Internet finance business.
David -co funder: Early Bitcoin mining evangelist Operating multiple mines in Sichuan and other places founder of a large community.
😀and me, Andrew -Director of Product: Served as the head of blockchain / financial products of jd.com and lexin, Product leader of Ontology, IPT, and other public chain projects
#3. Can you describe about what are the special and unique feature that your project have? What makes your project different from other competitor?
Andrew: – We think we have three main unique features.
Layer0 Private Network,Two-layer consensus system and Smart privacy transaction engine. And that’s also the difference from others.
Layer0 Private Network: EVA has an open/private P2P network composed of miners, providing private communication services while mining, maximizing the community and security of the network.
The Two-layer consensus called GPoW is composed of PoW miners and PoS verifiers to eliminate potential centralization risks to achieve a fairer and more trustworthy vision of building the next generation of financial ecology.
Smart privacy transaction engine: Evanesco provides varied decentralized privacy transaction groups for different tokens and NFT assets. The standard external interfaces feature superb scalability for the easy expansion of financial ecology, we called it PEX(private exchange) service.
Simply put, our privacy protection is the whole process, from the bottom layer of peer-to-peer network to the blockchain ledger layer, and then to the application layer, such as wallets, exchanges, and defi/NFT transactions, etc., and all of these can obtain privacy liquidity through our privacy protocol technology.
Questions from Telegram
#1. Do $EVA holders have the right to participate in the governance of Evanesco Network ? What kind of decisions can they vote on about?
Andrew: – Yes, we are also planning DAO to govern our community using EVA, details will be made recently.
#2. I’m a developer, and I’m interested in contributing to Evanesco Network alongsides earning, Do you have any Bug Bounty to check for vulnerabilities ?
Andrew: – https://github.com/Evanesco-Labs
Sure we will have bug bounty for volunteer. You can star our project on github.
#3. Which big achievements did your team get? What make your proud of Evanesco Network ?
Andrew: – Bro , we are doing the layer0 infrustructure, its a huge and diffcult work. also 40% EVA token are generated by mining, we are confident about our mining industry which can stronger our community with more mining nodes joined.