we fired some questions to Sam Kazemian, and here are some of them. 1.as we are the 1st announced blockchain on eos, why dapps need to hold eos token to build there blockchain. If EP build there blockchain, they have there own network rt ?

Sam: We won’t be producing our own blocks, the actual block production is part of the EOS mainnet. The network is a system of smart contracts on EOS for tokens, articles, storage, and governance, and deployment of new code through governance. We outsource the block production to the EOS mainnet

2. So how we build nodes for our users and do we provide any incentive to node providers ?

Sam: Node operators would be IPFS daemon’s which listen to the EOS network to check for updates for articles and always serve the live ones. Think: a lot of nodes around the world serving up to date information to anyone.

3. Can you explain how it works ? If i search for sam on EP what happens the behind screen and how user will get exactly correct article about sam ?

Sam:More detail in the paper but here is a tl;dr; the IPFS hash for the current article state for the Sam article will be stored in the database schema in the EOS article smart contract. It is trivial to query the contract for the current state of the Sam article since it is just a read operation from the EOS blockchain. Then it is just a matter of querying IPFS daemons around the world for the article (Everipedia itself plans to run the main daemon on the EOS mainnet using EOS storage as the free option)

Essentially, the sum total of article states will be stored on the EOS mainnet smart contract, so querying for all article historical data will be as easy as querying a transaction tree on github (as a comparison)

Changing these article states (also known as editing in non-technical speak) is where all the fun and interesting governance actions happen such as token holder voting, earning of tokens etc

hope that makes sense 😊

4. Could you explain a bit on IQ token staking?

Sam: Yes, we’ll be releasing the theory paper very soon. Maybe even this week or early next week. It goes into great detail. Then we plan on getting community feedback.

5. Hi! I assume that since you’re admin, you know some things about the airdrop.. Correct me if I’m wrong about one of the following statements:

1) The snapshot will be announced at the end of February

2) The amount of tokens that one receives will be 1:1 on his/her EOS tokens

3) Any offline wallet will be supported (Exodus too? Or only MEW?)

4) The airdrop will be before the mainnet launch of EOS.io

Sam: That’s the current plan yes. If there is any changes, we will let the community know and update the pinned message. We are in contact with the EOS team/developers and will try to do what is best for the community in terms of trying to airdrop as quickly as possible vs. giving enough time to allow everyone who has purchased EOS to take part.

about tokens:

Not sure yet, but we are trying to airdrop a very hefty amount. I think it depends on the total circulating supply of IQ tokens so it could very well be over a 1:1 relationship if the final number of IQ tokens is over 1B.

6. could you tell me approximate airdrop date?

Sam: later. we are committed to giving at minimum 2 weeks notice. We are still trying to finalize that. It’s not that we know and are just holding it back. It depends a lot on the security guarantees of being able to move tokens over to EOS from Ethereum and all the boring/technical issues around it. We are trying our best to see if we can drop before June.

7. The incentive scheme for contributing to the platform, would it be enough for someone to make a living from, or would it be enough to reward people who are passionate about updating articles about their interests? Would the reward structure be weighted against the value of the IQ tokens?

Sam: That’s a great question. I don’t think anyone can know the answer to that until a market forms around the tokens, which is a governance and utility token. Whether selling off your governance/utility rights on an open market will be enough to “make a living from” is completely up to free markets pricing the stake in the decentralized network. How I like to think about Everipedia is that it doesn’t “pay” or “compensate” you for your work, but instead gives you back the value which you put into the network in the form of a stake in the network itself. How much the future expected price of that stake is, no one knows at this point.

8. Is there any incentive for maintaining demons/nodes for the n/w ?

Sam: We have some ideas about this yes. But it has to be properly designed. Keep in mind that there is no direct incentive to run a bitcoin full node (nor ethereum) so it is a very difficult design decision without precedent. We have to find a good way to align incentives should we want to design this into the protocol.

9. Yes, but those blockchains are not dependent on ipsf like eos

Sam: yes correct. keep in mind that the theory paper we are hoping to release soon is just the starting point, we intend for community consensus and feedback on it. there will be direct ideas and proposals in there that address exactly your question.

Note: I am not staff from EP

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