David: Yeah, this is something I want to talk about. So I have to say the reason why we don’t so heavily rely on a white paper is because, let’s be honest, many things will change with your development, you will discover new ideas and you will want to implement them. That will cause you to change the original white paper, which is already circulating in the market and everybody will see that original version as the like ‘Holy Bible’, if you allow me to say this, because I had this experience with Neo in the past…like everyone was reading the original white paper of AntShares, so they don’t get it, they don’t understand what’s Neo is trying to do. So that basically forced the team to do the rebranding and give new white papers; so the reality is that we have discovered many new ideas and along the course of developments, if you can, if you know, seriously just picture what you are going to do in the white paper and you know, go along with it like a few months or even one year of development…what will you be presenting by the time it’s like released it’s the time it’s already falling behind others, so that’s one thing.

The second thing with the market…so I don’t know how to put this, but I mean, we have basically no control over the price and all of our team members actually, are just bleeding like everyone else, but there is something that maybe the community should pay attention to. So by the time we release Trinity Network for Neo at the end of this month, we will give a documentation on Github on how you can deploy your nodes and join this network, which is very important. By joining this network there are tangible economic benefits.

So the thresholds to join this network and set up your own nodes, there is a economic threshold that is $800 worth of TNC. Okay, so this is the number we’re looking at right now. So the minimum requirement for a node is you stake $800 worth of TNC, at that market price, at that time and this is the minimum because it could go higher, could go limitless. If you only stake $800 worth you can only process transactions under this number, so if the transaction goes beyond this number we don’t have enough funds, we have insufficient funds to stake and transfer this transaction.

So the more you stake, the more transactions you will be able to process, especially if it’s a transaction of funds. Okay so this is something people in the community want to set up their own nodes and the economic incentive for one transfer of this transaction is 0.01 TNC and so I mean there could be millions of transactions, that I don’t know the number but, you know you can do the math, so if you set up a node then you can collect this as your income.

David: I mean we just had this conversation internally but the the thing is okay, again, we’re not doing a very big PR around it so people who are hearing this, who are watching this and those who have been a long-standing community participant, you know this already. it’s very early days and later on when the market recovers, maybe we we’ll do something where we will speak a lot about this okay.

So yeah that’s the case, I know that we had a locking up program that not many people had a chance to join and so basically that guarantees that you have a return. If I remember it was 10%, 7.5% or 5% annually for nine months but I mean that’s like it, that’s like fixed and it’s for sure, certain, but with the economic incentive for operating a node you don’t know, you can go higher than that because I mean, you will be the one processing these transactions, especially and most importantly if there is going to be a huge amount of transactions going on in the networks and you basically stake a lot of TNC you’ll be able to process most of them and collect a fee from all of these transactions.

We have some time and we will release this documentation so people will have time to read them through and get this up okay because I have to say, okay, you have to lower your expectations in a time like this. Think about it, this is just Trinity for Neo and at the time like this I suspect there’s not huge demands of high transaction process, high-volume transaction processing on Neo Network, okay maybe at a later time, so you shouldn’t be expecting to receive a lot of, let’s see, collect a lot of funds at the very beginning as it has it has to wait. This module will be working similar, I mean the idea will be similar, but we’ve probably different parameters on the Ethereum version later on, that’s just something I think I should let the community know, there’s a lot of people who were asking about how you can become a node and how much I can collect, all those sort of questions.

Community infographics

Alistair: David, I think nodes is the next question which I know you wanted to get into even more detail about, I know you mentioned that you want to do a separate, a whole separate interview on. That in itself I think, is one of the good, one of the interesting things about what you just entertained then is that you have to start at some point, people have to start seeing and touching Trinity. Once you start seeing it and moving around it becomes a very different proposition altogether and especially for other DApps and future DApps that are out there, they see it, they know it’s real, they know it works which is which is pretty critical in itself.

Are you sticking geographically anywhere when you’re doing any of the marketing, or is it, I think we had spoken once before, it seems almost that like your customers I guess is best way to describe it, your customers are actually the DApp developers themselves, them wanting to incorporate you, so is there much dialogue? Like where’s the information flow coming is that you going to them, is it them coming to you, or is it like a bit of both?