Hello everyone, thank you for joining us today's day in May. Welcome to the May between Aurora and Saturn in Carnital. This baby will begin shortly in the Cooper Laplace. We will be more so that every week is going into Miss Anything from us.
Okay, hello again and welcome to the spy between Alra and Sada and in Kani Tau. My name is Kakka. I'm really honored to be at host of this spy today and so to be
I would like to introduce and welcome Private Ryan, the developer called team member of Incognito, who will be the co-host of this play today. Welcome Private Ryan.
No, hi guys, how are you doing?
Yes, that's what we do. So to be in with, I would like to introduce some short information about Aurora Insider in Connital for you to have some very first basic information about us. So Aurora Insider is a mid
In the audio channel in the Aurora ecosystem, we own worst updated latest hottest and fastest news. We also provide in-depth analysis and evolutionary goals to help users have a monthly maintenance review of the ecosystem through Infographics.
and to give you the opportunity to interact with the process, we regularly organize a list of the squad, so you can ask and answer questions directly with the process. And our main start today is in Cornetto and Cornetto.
And here's some question to know more about incognito. Are you ready for it? Yes, I'm ready. Yes. First of all, I want to ask, what is incognito?
Right, so hi guys, I already in a insider team to ask your questions. First of all, let me introduce myself like all right inside of we introduced my name is private Ryan and I am a lead developer of Equinatal team, right?
So his question is what is incognito? So incognito is a layer one blocking that aims to bring privacy to both crypto assets and decentralized applications. So we, our goal is to create a good like privacy environment for both
of your favorite application and your favorite blockchains without any sacrificing benefit or any benefit and ease of use of that blockchains and applications. And right now we are integrating
with major blockchains in the market. We are integrated with Bitcoin chain Ethereum blockchain, B&B chain, Polygon, Near and right now is Aurora. Yes, and what is the main problem in continental China to solve and how do you solve this?
All right, so that's very interesting question.
The problem that we are trying to solve is really straightforward. Transactions are recorded on public lectures blockchains. For example, if I'm trading or swap,
Ethereum for $1,000, that information will be public on the blockchain, everyone can look at that and know what I'm doing, how much I swap, what type of token that swap. So this information are available.
to the public and the problem is I don't have the right to show who can access this information. So I don't really have the privacy on the public blockchain.
And this is not right. Every single person would have their right of privacy, right? They can choose who they want to show the information to and how they want to show it. So in order to solve this problem, Iconator built a bi-directional bridges
to other blockchains. So the crypto assets from the other blockchains like ORA Ethereum can go in and now of equal network blockchains easily. And equal network blockchains is the private native blockchains to every single transaction in our blockchain is not recorded.
So you can transfer, send, receive cryptocurrencies without any information released to the public. So you can later on choose to show this information to your friends or even someone who requests to see your possessions.
verify if you already send the money. So in short, right, Iqonator show give you the ability to get in and out of in the greater blockchains and give you a privacy of transactions, send received crypto
without anyone noticing how much you send or how much you receive or what type token that you send or receive. Well, it's so cool. And on to the next questions, can you introduce a little bit about your incentive
So, right now, Ignito has all native tokens, so we call it "Trivicy", but the ticker is
So, PRV token is the fuel and also the native tokens of the Ignito blockchains. Whenever you do transactions, you have to pay with the fee. So, in Ethereum, it will be ETH, in Aurora, it's Aurora token, obviously.
in the middle of blockchain is PRV. So in order to produce a sustainable and stable blockchain experience, PRV is going to be used as a native tokens for our proof of stake blockchain, which
means that we need to stake 1,750 POV in the node to be a valid data. So whenever you stake your privacy tokens in our node, you will receive a block rewards. And this block rewards will be
changing depends on how many validators on the platform. So right now if you own a note on incremental blockchains and stack your POV you can run up to 90% of APR on your investment. So this is a
one of our biggest incentive programs for all the PRB holders out there. And if you don't really want to operate a note, you can go into our platform and provide liquidity. And that will also yield approximately 20% to 40% APR. So totally depends
on how you want to use the tokens. That is the incentive that we are happy to give up to every single one of you. That is the main purpose of today's AMA. We are happy to
100 P.R.V. as a reward for a 10 lucky person who submit their wallet addresses. So if you have submitted wallet addresses, you don't have to worry about it. If you don't, please create your wallet and submit it right now to have a chance to win the reward. Yes, it means
that users have to move their phone into incognito blockchain? Right, so yeah, it's a really good question. So people will ask me, in order to use it in it, so I need to move my funds from one blockchain to
So, like I mentioned, Aurora blockchain is the public ledger blockchains. So, every single transaction will have four information from two amount and tokens.
So from is the address that you are sending that token in this case is your address. And two is the person who you want to transfer the money to amount to how much you want to transfer and token is what type token you want to transfer, right. So let's say I want to transfer to
Mr. Aurora insider, 100 Aurora and that information will be public on the blockchain for everyone can look at my wallet and see that I transfer you know one Aurora to Aurora insider and this is the
Well, this is one of the features of the blockchain, but it doesn't really provide you privacy. It means that, you know, we cannot protect you in the public ledger blockchain environment. So that's why we create a portal like a bridge.
for you to move your fun from your desired blockchain Aurora to Iconito. And when you do that, your fun is not really moving anyway. It's just locked in the smart contract of Iconito on Aurora blockchain. And then in Iconito, there will be a smart contract as well.
And that smart contract will mint your privacy tokens. In this case, it privacy Aurora and Iconator. So when you want to move back to your desired blockchains, you can easily do so by burn your tokens on Iconator blockchains.
and receive your fun back in Aurora. So this process is just, you know, help you to protect your platform, protect your privacy using our technologies in Incognito blockchains. I don't worry if we want to go really deep into how we can achieve that tech.
But you can look at it on our blog or on our website to see what kind of technology that we are using. Yes, thank you very much. Thank you for the information that you shared. I believe that everyone in this play today has normal about incarnate and different aspects.
of the project as well. So we are opening 5 slots for 5 users to ask anything about Incognito. The winners will share the rewards of 100 P/V token from Incognito. Are you ready?
Hello. Hello. Please ask the question. My question is, in one minute, can I even
Yeah. Actually my question is, is a cognitive wallet available in Play Store or iOS devices?
Hey, can I repeat your question? Do you ask, do the wallet available on a Play Store and other devices? Yes. OK.
Thank you. So yeah, first of all, thank you for the questions and to answer that yes, Incognito have app wallets and also blocking wallet so the one
The one that is easiest to use in blocking worlds you can go to Google Chrome and download the wallet on their store. But we also have a wallet app on your phone. So it works on iOS and also Android. So if you have your Android phone you can go to CH Store and type in
You know, in Komito blockchain wallet or in Komito Bitcoin wallet, it will give you a, you know, a download links to our wallet and you know you can use it from there and they sing across different devices so you don't really have to worry about, you know, all the actions on your
phone to sync up your balance. It works similar to Metamass and all the public, you know, what it's. Thank you. Okay, thank you, Krita Lutter, the next one.
Please ask your question. Okay, my question is now.
Right. Yeah, that is very interesting questions. So the objective a long time ago, so equal little has been in the space for I would say four years now, right? So we started in 2018 and still developing under
So I'll go and be very clear from the day one, right? So we want to provide privacy layer for every single block, change every single applications, the central application of, sorry. And we've been doing a lot of, you know, development
recently to integrate and build bridges to different blockings, Ethereum, Aurora, and Near. And we are continuing to do so. So I think the plan that had next year will be bridges to all the famous blockings like
Optimisms or you know Cosmos so those will be you know the next In our in our roadmap and we also going to Build more decentralized applications and also create a incentive program for developers to
to build their own privacy applications. So to answer the question in short, we are going to continue to build bridges to other blockchains to provide privacy. In long term, we are going to provide privacy to every single blockchain, every single application available.
Thank you very much. Thank you very much.
Hello, please ask some questions.
Okay, thank you very much. I wanted to know what you mentioned that you are providing bridges to order blockchains and for the cognitual. Let's do. I want to know
Do you have plans for listing your token on centralized exchange and how is your marketing for more users to know about the ECOGrito wallet? Because the wallet is actually very good when I use this.
Great, that's very interesting question. We don't like right now, we don't have any plan to list the outtoken on central X-changes, like Vanners or all the platform.
unique platform where we want to promote privacy and also decentralized, right then centralized platform. In 2022, we know a lot of things, bad things about centralized platforms.
So we don't really believe in centralized exchange. And that is the way that we've been doing for the last four years.
decentralized right so right now let's talk about the simple I live with we've been operating since 2018 and right now we have 3000 and 500 nodes available online right now as a validators and that is indicated
to say that we are fully like right now fully decentralized right. The team is global right. We have people in in in you know South Africa we have people in Europe we have people in you know America that contribute to the platform you know as the developers at the designers
So yeah, I think, you know, decentralized is our goal and you know, if that available, PRB tokens, it only available on decentralized exchange only, right? The second part is, you know, to promote the water. So right now, I think
Our plan is quite straightforward. We are going to approach cryptocurrency or web3 community and ask them to start to use our wallet. And I think we are going to continue to reward a community like early
doctors using our crypto wallet with the incentive program. Like right now, we are going to give out like 100 PRB tokens as a bonus reward for everyone who we want to jump in and try to use our wallet.
If you have feedback, you have anything you want to improve, please reach out to us, tweak us, attack us, and we are going to look at that information and feel about what it apps. Right now, what you can do on your wallet is very straightforward. You can send, receive money, and also
swap your tokens and in the next couple of minutes when our smart contract alive on Aurora you can actually swap with you know pricelarus using a POV right so you can you know swap your
or lovely try to, I don't know, maybe UTC or something, or maybe to UTC using liquidity from Chrysologers, but with the privacy layer from EqualNitl. So that is our goal, that's what we're doing, and I think that answered the question.
Yeah, it's not a question. Thank you very much. Thank you very much for asking another one.
I will change into the another one.
Hello. Hello. Hello, CS. Yeah, hello. Um, Kaya, how are you? How are you doing? Hello, can I ask a question now? Yeah, just please ask your question.
Okay my question is I'm actually using the tomato wallet so what happened is that I imported my wallet my older Yvian wallet so I want to know is there any restrictions or difference between creating a new wallet and the new tomato or importing and also I want
you know, these any plants, since you are going live on a aurora, change these any plants of going multi-chains, since they were let amine your PR, PRV, talking, either the new plant of going multi-chains, so that it can be accessible with other exchanges. Thank you.
Yeah, and thank for your questions. And I do believe that the tokens should be enabled multi-chains and that's something that we are trying to accomplish. So to make it easier for Aurora community to purchase a PRV,
I think the next plan would be create a smart contract on Aurora and start to deploy some POV to maybe one of your favorite P5 protocol liquidity pool so that you can you know easy to access POV on that platform.
However, I really want to emphasize that buying and trading a PLB on public ledger blockchains is not guarantee privacy. So if you want to trace that on public blockchains, it might not
by you to privacy that you need when you want to use PRV. So I recommend that you have to pray that in some equal middle block games to have the native of privacy enabled for you. Otherwise, you have to use a different functions like
like the trading with Tri-Solaris liquidity using Ignitual wallet. So that is something you can do. But yes, we do have plans to make PRB available on different blockchains.
a golden hour. Yes, thank you very much. So, I'm wondering about, yeah, I said I imported my wallet and creating a new wallet and importing it to any different restrictions or did something like the same kind of culture, the same transactions.
Are you asking like what's the difference between incognito wallet and like let's say Aurora wallet or you know, Ethereum wallet is that what you say? No, no, what I mean is I'm using the app but I didn't create a new wallet like no clicking in botan I imported my old EVM wallet.
I want to know if there's any difference between importing or creating a new one within KGNATO, that's what I'm asking. Did you get my question? OK, OK, OK. So first of all, when you, you know, inside Egonatal website, you see that you have two options.
create a new wallet and second it's import wallet. So when you import the wallet, keep in mind that this is not EVM wallet. So if you put your seed phrase in, it will not generate your old EVM wallet. So it's a different architecture. We don't use Agotek from the EVM compatible
blockchains, like, like, better mass. So you cannot import your wallet if that's what you are asking, you know, import your IBM wallet in, uh, Equinitor. So the reason why you have to create an e-wallet because a Equinitor blockchains, uh,
using a different technology. First of all, we use a ring signature to provide a privacy. Second is we use zero knowledge proof to also provide privacy for foundations. So the architecture of world is very different from EVM blockchains like Ethereum, like M,
Aurora. So that's why we require you to create a new wallet and when you want to do transactions you need to move your fund from your EVM wallet to, you know, a goldmine wallet. That's it. And the transaction pay is very
And you can do that back and forth without any problem. The transaction is, you know, a permissionless and we have a liquidity to cover a lot of like, you know, a swap and funds moving transactions.
Alright, I get it. So that means that Niko Gnito chain is not even compatible. Yes. Alright, thank you very much for the clarity. Yes. Thanks to Niko Gnito. Thank you very much. Yes. No problem. The next question.
Hi, hello. Yeah, hello. Please ask your questions. Thank you. I just want to be clarified. I don't know if they actually asked a quick answer.
I just want to know that I also want you to know if there is any benefit attached in taking your cooking. And, okay, let me ask the one first.
Awesome. Staking out tokens have two benefits. Equalito blockchain is a proof of stake blockchain, which means that you need a note of staking tokens as a valid data. When you stake your PR
be in our platform, you will provide a liquidity and also provide a power for us to help operate notes. And then that notes will validate transactions and will receive the block rewards, right? And this will what will be distributed to you in terms of APR
And that will be a part of, you know, incentive that we give out for us as a statement. The second part will be for value liquidity for liquidity pool. So as you already know that, you know, in committal also have liquidity pool inside of the financial blockchains. So we have, you know,
Bitcoin, we have XMR, we have Ethereum, so those pull require liquidity. And when people using that liquidity, people will have to pay fee, right? Same with all the defaults. So by taking your PRV, you will provide liquidity for these pulls. And then when people
of transaction, they will pay fee and this fee will be inspected to you in terms of APR as well. So you can do two things, you know, as a PRV holders. Another part will be you can, you know, hold your PRV and use that as the gas fee for your, you know, privacy transactions.
Alright, thank you. Thank you very much. And that is also the last question of this fight today. Please, the winners DM Aurora instead of to retrieve the rewards after
the AMA. I hope that everyone in this play has understood more about Incognito as well as the Austin features. So, private writing, do you have any last word for the audience of this play today?
Yes, so first of all, thank you, you know, all right, and Siders, thank you everyone for showing up. This is really great, you know, AMA section and you guys are asking, you know, really interesting question about us and I feel really welcome and, you know, I feel very
And we think that the way that we build bridges and also the way that we build another priority applications for Aurora is a ride decision. And so right now I think that
in the next couple weeks you guys can expect more activities from us and you know Aurora team, Aurora like official team I have a lot of conversation with them and there will be more activities you know from both sides in order to promote this
So guys, please remember to download your blocking bullets and create your wallet right now and submit it on your Aurora insider post or send them directly your
wallet address, they will help me to organize this giveaway and without the Econator wallet, I cannot send you PRV so please create your wallet and send them your wallet address.
Thank you so much. I hope that everyone in this play enjoyed this play and for incarnate with you more and more success in the future. As a community member, I'm ready.
appreciate what you are doing and that is the end of spy thank you shumus thank you everyone for spending time zoning despite today and have a good day see you again in the near future