Telegram user trippledutch asks…

1. Can we transparently follow the buyback by looking at a particular wallet? If yes, which one? If no, where are we at right now?

2. What happens to the tokens that are bought back?

3. How big is the team currently and how many are expected to be employed by the end of 2019?

4. Do you face any technical difficulties, constraints or limitations in development for the CPChain mainchain? If yes, what are they?

5. Can you give us a geographical distribution of investors in CPChain at the Season 1 lockup? Is it true that Chinese investors in CPChain are underrepresented, compared to western investors? If true, what is the reason behind it?

6. Will CPChain update their whitepaper and/or their roadmap? If yes, when will this be ready?

7. You are developing a Private Transaction/Data Privacy mechanism. Was this the result of talks or a POC (proof-of-concept) with a European customer and the GDPR (General Data Protection Regulation) law they must follow? Can you explain how the Private Transaction/Data Privacy mechanism is intended to work?

8. When can we start implementing an RNode to test if it is functioning properly? Will you provide clear guidance installing an RNode including strong security verification?

Dr Chengnian Long

Thank you trippledutch for raising questions:

1. We are indeed planning to reveal some details about our token expenses in the next 1–2 month after Alpha mainnet launch, and will reveal the detailed number of buyback. Like Wayne said last time in the interview, we have already bought buy over 5 million $CPC from the market.

2. The token being bought back we will reserve it to use it for support the ecosystem & community establishment in the future. What from the community belongs to the community.

3. Right now we have 35 full time employees plus our global team. The global team are working remotely and not full time. In all it is now over 40 and we are actively hiring more. we are planning to recruit more R&D personals in 2019.

Dr Matthew Ma

4. The main tech point we are working on right now is to finalizing the block creation procedure. The key part is to make the whole process stable and we are very close to it. The Alpha mainnet will be release in this December.

Wayne Tian

5. For S1 lock-up session we have final gathered over 90 million $CPC involved. over 60% come from EU, 25% more from NA, 5% from Australia. The rest belongs to other continents. Chinese investors at this time are not the target participant in that we have some concerns in promotions. In China, BC tech are open for discuss but tokenomics/tokens are still prohibited, we are careful on that.

Dr Matthew Ma

6–8. Whitepaper will be updated in that there are some changes in it already, and we have our team working on it. We will reveal the status with the community later on. For the private transaction part we are not designing it specially for POC. It has been in the plan since very beginning, we believe it will be one of our competitive advantage. For RNode to formally function we will wait for the formal mainnet in March but we hold the opinion it will happen before March, depending on the status of our R&D. We can confirm having some POC developing both from China and Global sides. Because of NDA cannot telling more right now. Once the timing is right we will reveal to the community.