Cyber Republic Weekly Update 18
Supernode pools are brewing and community members eagerly anticipate a community Supernode script. There's a brand new suggestion that's creating a lot of buzz, and in this issue we’ve finally decided to formally introduce ourselves to our readers. There’s a lot of fantastic content in this Update, including an exclusive in-depth look at Elastos’ partner, Titan, a translated interview with Kevin Zhang and Anypeer, updates from the Philippines community, and an interview with a community member from Down Under. Supernode pools are brewing and community members eagerly anticipate a community Supernode script. There's a brand new suggestion that's creating a lot of buzz, and in this issue we’ve finally decided to formally introduce ourselves to our readers. There’s a lot of fantastic content in this Update, including an exclusive in-depth look at Elastos’ partner, Titan, a translated interview with Kevin Zhang and Anypeer, updates from the Philippines community, and an interview with a community member from Down Under.
CYBER REPUBLIC Weekly Update/Issue 18 Elastos Talk: Meetup with CR Interim Council Member Kevin Zhang By Rachel Critelli //24 On March 1st, Kevin Zhang was the guest on “Elastos Talk” to present his thoughts on CR.The sharing of this week is performed in questions and answers. Here is the transcript of what Kevin shared. 1. Would you please briefly introduce the future business model of Elastos? As a public chain, Elastos is much like a database or an infrastructure. Its business model depends mostly on the DApps running on it.As a public chain, we can run a variety of games, business applications, communication tools, etc. Once Elastos becomes a platform that supports DApps, ELA will be used to pay the service provider, and then ELA will have a circulation value. 2. What is the daily work of the CR preparatory committee? What progress has been made? I am honored to be a member of the CR preparatory Committee. Since last August, we have been preparing for the CR election which is going to happen in August this year, including the establishment of the entire CR charter and the current daily work. Our daily work includes the weekly meetings among the three committee members and the general secretary Rebecca. In the weekly meetings, we select the highest-rated suggestions that we think are valuable from the CR website.Then we will have an in-depth discussion and vote on this suggestion. If the suggestion gets two or more votes, it is approved.After a transition period of 72 hours, the proposal will be implemented. Let’s take an example of a proposal that we have passed. I proposed a project named React Native Funding. It is actually a technology platform for community developers and it was suggested by the community last year.There are many application developers using this platform and they might also develop applications for Elastos. Now they need funds to continue development of this platform. Because Elastos will not provide any funds for the community in the future, the suggestion regarding this project was submitted to the CR. This suggestion ranks the highest amongst all suggestions in the community, so I made the proposal. I explained to the other two members why we need this project. I convinced them and they signed it.Then the suggestion became a formal proposal. If there is no objection, this project will become officially established. For the next step, the team leader must propose a budget. If the budget is approved, they will build a team to develop it.
3. How will CR promote community and ecological development after CR officially goes alive? What I mentioned above is an example how CR promotes community and ecological development.The decentralized organization, the CR, will have all the power.This is very different from traditional companies or organizations where the power is controlled by the top-level people. Members of the CR Council will be democratically elected with DPoS Consensus in August this year.The elected members perform their duties as stated and will listen to the opinions of the community regarding what the community agrees on or opposes. The power of the CR is given to Council members elected by the community, but they can also be impeached. If a member does not do his/her duty, then they can be impeached (through a mobile app).Then, other members who represent the best interests of community will be elected.This is the basics of how the CR works. Simply speaking, CR Council is like the US congress. Its mission is to determine a direction that represents the community’s interests and that the community agrees on. CR Council must make several decisions, such as whether to participate in various ecological constructions, whether to support a project, whether to cooperate or stop cooperation on a project, and so on.After the EF (Elastos Foundation) tokens are used up for development, the EF will gloriously withdraw from the stage and community development is carried out by the CR council which will be the highest, and only, authority in the future. 4. What strength does Elastos have over other blockchain projects? The technology of Elastos main chain is a relatively mature technology that combines PoW and DPoS to provide a platform more easily adopted for most developers. But I want to say more than just the main chain, because Elastos is not just a blockchain project. In fact, Elastos can be considered a platform for the Smart Web and the public chain should be regarded as a database that cannot be tampered with.The traditional Internet has some components, such as communication protocols, security, and execution nodes. Comparatively, Elastos is a relatively-complete Smart Web infrastructure including a public blockchain, peer-to-peer communication network Carrier, Runtime, and a variety of operating environments, development kits, and Elastos Hive, DMA, etc.All these components form the ecosystem, together. It is not appropriate to create the dapps directly on the blockchain. Elastos makes the most of decentralized trust which is the strength of the blockchain, but massive amounts of calculations cannot be performed effectively on the blockchain itself. Instead of trying to make all kinds of applications run on-chain, Elastos is committed to building a safe, trustworthy, and decentralized computing environment. On the first layer, we provide a decentralized trust that is fundamentally credible and unchangeable. So how then do we run the calculations? Our infrastructure has a second layer [sidechains] including P2P networks and computing nodes. The various apps on the second layer are actually responsible for calculations.The dapps can be run perfectly by combining the computing power from the second layer with the trust and decentralization of the first layer.Therefore, I firmly believe that a large number of apps should not be run on the main chain.This is not realistic and will not meet expectations. //25
- Page 1 and 2: 18 //1
- Page 3 and 4: For collecting statistics about sup
- Page 5 and 6: Alex Shipp has been active in the c
- Page 7 and 8: and voice for the CR community, CR
- Page 9 and 10: TITAN By Jeremy G.. Many are infatu
- Page 11 and 12: SUPERNODES By Jeremy G. Black Wolf
- Page 13 and 14: sidechain.These BGXs will serve as
- Page 15 and 16: Wefilmchain *New* Wefilmchain is an
- Page 17 and 18: Elastos Italy A team of 10 Elastos
- Page 19 and 20: “We also need to create some tool
- Page 21 and 22: CR Terminology By Kenneth K. As the
- Page 23: included some extra data (to confir
- Page 27 and 28: Elastos Philippines by Krisha Anne
- Page 29 and 30: Other speakers included: Mr.Theo Sa
- Page 31 and 32: Interview: Yuuki By Jeremy G. Would
- Page 33 and 34: CR Website Analytics: Mar 17 - Mar
- Page 35 and 36: CR Forum Highlights By YY For those
- Page 37 and 38: Topic highlights Check out these ho
- Page 39 and 40: Glossary A growing list of Terms an
- Page 41: Credits: Writers: Kenneth K Jeremy
CYBER REPUBLIC <strong>Weekly</strong> <strong>Update</strong>/Issue <strong>18</strong><br />
Elastos Talk: Meetup with CR Interim<br />
Council Member Kevin Zhang<br />
By Rachel Critelli<br />
//24<br />
On March 1st, Kevin Zhang was the guest on “Elastos Talk” to present his thoughts<br />
on CR.The sharing of this week is performed in questions and answers. Here is<br />
the transcript of what Kevin shared.<br />
1. Would you please briefly introduce the future business model of Elastos?<br />
As a public chain, Elastos is much like a database or an infrastructure. Its business model<br />
depends mostly on the DApps running on it.As a public chain, we can run a variety of<br />
games, business applications, communication tools, etc. Once Elastos becomes a platform<br />
that supports DApps, ELA will be used to pay the service provider, and then ELA will have a<br />
circulation value.<br />
2. What is the daily work of the CR preparatory committee? What progress has been<br />
made?<br />
I am honored to be a member of the CR preparatory Committee. Since last August, we<br />
have been preparing for the CR election which is going to happen in August this year,<br />
including the establishment of the entire CR charter and the current daily work.<br />
Our daily work includes the weekly meetings among the three committee members and<br />
the general secretary Rebecca. In the weekly meetings, we select the highest-rated<br />
suggestions that we think are valuable from the CR website.Then we will have an in-depth<br />
discussion and vote on this suggestion. If the suggestion gets two or more votes, it is<br />
approved.After a transition period of 72 hours, the proposal will be implemented.<br />
Let’s take an example of a proposal that we have passed. I proposed a project named React<br />
Native Funding. It is actually a technology platform for community developers and it was<br />
suggested by the community last year.There are many application developers using this<br />
platform and they might also develop applications for Elastos. Now they need funds to<br />
continue development of this platform. Because Elastos will not provide any funds for the<br />
community in the future, the suggestion regarding this project was submitted to the CR.<br />
This suggestion ranks the highest amongst all suggestions in the community, so I made the<br />
proposal. I explained to the other two members why we need this project. I convinced<br />
them and they signed it.Then the suggestion became a formal proposal. If there is no<br />
objection, this project will become officially established.<br />
For the next step, the team leader must propose a budget. If the budget is approved, they<br />
will build a team to develop it.
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