Question: Is the fsn wallet going to be mew integrated?



Dj Qian: What does MEW integrated mean？



Question: So lets say, where do we enter our private key? Its certainly not safe to share in a 3rd party wallet



Dj Qian: oh，yes. You can use private key directly or thru keystore. We used open source code of MEW，that’s not a problem



Question: We need a video tutorial with step by step instructions to set up the nodes on popular VPS @djqian



Dj Qian: Yeah，will video how to use wallet for multiple functions and autobuy



Question: So it is safe to still Keep my fsn on my ledger?



Dj Qian: Yeah



Question: So fusion wallet will be released before stagenet?



Dj Qian: Yeah



Question: I have a noob question DJ. Since many tokens from different blockchains can interact on Fusion with ease. Does this mean Fusion Wallet will be a universal wallet where you can keep any type of token?



Dj Qian: Yes. And you can apply for a short account number on fusion，like 666666. In the future，anyone wants to send assets no matter it is BTC，GUSD，or a security. They only need to send to 666666. This will make life much easier. And we are considering to make this universal short account number transferrable. If you really get a universal short account number like 666666，it worth a lot of money



DJ can you pls tel us how much time we are away from mainnet?

Dj Qian: PSN will be the same as main net. Once we assure it’s safe and robust，we will switch to alleged main net immediately



Question: Can I tokenize my mobile and send to a friend in different country



Dj Qian: what does tokenizing your mobile mean？



Question: Like how to send any physical asset through fusion , how does that work in real world



Dj Qian: Are you talking about remote transportation of physical goods？



Question: I think transportation is not possible but what my question is can I give ownership of my property to a friend through fusion?



Dj Qian: This is doable. As long as you can make sure the token represents the ownership of this physical goods. But ETH could do it as well today.



Dj Qian: Crypton，do you find the article released today clear or it just created more confusion？



Question: The article is very easy and clear. However a video is required. Step by step video tutorial for everyone to be on the same page.



Dj Qian: Ok



Comment: I sent some video to yona, sample



Dj Qian: In plan, will do once we release wallet



Question: It wasn’t very easy to understand if you ask me. I was speaking about this with another day one investor today. We were both a bit perplexed as it sounded complicated. I am sure it isn’t super complicated but as I mentioned to Yona earlier, it sounds like work. I don’t want to have to actively buy tickets daily and hope that I have a chance to stake. I want to spend a few hours making sure I set it up correctly and then forget about it…”set it and forget it.” Yona said it will be a simple process but I hope it doesn’t require daily attention. Any insight into this lottery ticket process ? Is it done once at the beginning or are we expected to buy them daily throughout stagenet? Thanks!



Dj Qian: autobuy is designed to make it simple. Click，press the button，leave it.



Question: Good to know. Is this a daily task? Or done once and then I’ll be good for the duration of stagenet? Just curious



Dj Qian: once for all



Question: Is the short account number generated by number, or it generate randomly?



Dj Qian: By number from 3 digits up



Question: First come first serve right DJ? (regarding generating a short account number)



Dj Qian: yes



Question: Will it be possible to get higher block rewards if we time lock for longer than 30 days



Dj Qian: No，only the number of tickets you buy will increase the chance of being chosen to validate block. Any time-locked token could automatically un-locked when it is returned to your wallet. And it is not locking up your PSN，the rest part of the time-locked PSN（from 30 days later to forever）could be sent to others or sell for other token even if the first part is used to buy ticket for staking



Question: If I have 2 Mew addresses controlled by 2 ledger nanos both have fusion on !! Can I use the pfsn received on both of them and transfer to one fusion wallet ?



Dj Qian: Yes you can



Question: @djqian there was a question about incentives for loaning your psn

Dj Qian: On fusion，there will be no old concept of “loan”. The behaviour of loan will be replaced by selling your time-locked token

Dj Qian: And only by doing this，the“loan” activity could be risk free

Dj Qian: let me give you an example

Dj Qian: if you have 5000 P-FSN in your wallet. But you don’t have plan to do staking. I want to borrow these 5000 P-FSN from you, and I can do the staking to earn money. There is a way, that you just send me your 5000 P-FSN. And I commit you that I will return 5000 P-FSN to you after 3 months, with interest of 50 ERC-20 FSN. You probably will feel it’s a good deal. You don’t need to bother to manage how to stake. And you can earn ERC-20 FSN as interest. But you will still worry if I really will return this 5000 P-FSN to you. And this stops you from lending this to someone you don’t know or you don’t trust. But on fusion, you don’t need to worry. You just need to set the time-lock on your 5000 P-FSN to make it into two parts: first part is 5000 P-FSN with time lock from present time to 3 month into the future, second part is 5000 P-FSN with time lock from 3 month later to forever. And you can use quantum swap function on fusion to swap this first part of 5000 P-FSN with time lock from present time to 3 month into the future with me for 50 ERC-20 FSN. And you keep the second part. I can use the first part of 5000 P-FSN with time lock from present time to 3 month into the future to do staking on fusion. And you don’t need to worry if I will return it or not. Because 3 months later, the 5000 P-FSN with time lock from present time to 3 month into the future will expire automatically. And the 5000 P-FSN with time lock from 3 month later to forever which you keep in your wallet will become 5000 P-FSN from present time to forever when time passes.



Question: Dj i asked earlier i guess you didnt see but in theory is there anything stopping someone (large whale) from buying so much fusion to get psn and using all of it to monopolize the chance of getting rewarded?



Dj Qian: I think you will be happy if some whale is going to buy huge amount of FSN because it will push the price up.



Question: There’s a limit to how many tickets and pfsn you can stake per wallet



Dj Qian: no limit. You can keep buying if you have enough P-FSN



Question: It’s not trustless though as you rely on counter party to send you the 50 ERC20 FSN?



Dj Qian: It is trustless. You will be using quantum swap function on fusion. Which means you can make a deal says I would like to exchange this 5000 time-locked P-FSN (from present time to 3 months into the future) for 50 ERC-20 FSN. Then, your 5000 time-locked P-FSN (from present time to 3 months into the future) will be removed from your account into the system. Of course you can select your conterparty on fusion who you want to swap your token with or just leave it for open to anyone. Someone will see your deal in block. if he agrees to take it, he will sign the deal with his private key. Then 50 ERC-20 FSN will be removed from his account by system and add to your account and your 5000 time-locked P-FSN (from present time to 3 months into the future) will be added to his account. Then the deal is finished.



Comment: Amazing ok thanks. It’s not clear from the mock ups that feature is available. 👍🏻👍🏻



Dj Qian: this feature is available on PSN already. That’s why we are so excited for PSN. I don’t see many projects deliver so powerful funtion for the first version of the running network.



Question: In a term of the loan what if the counterparty doesnt have the erc20 fsn at the moment but is saying they will pay in the future? Or is that not possible

Dj Qian: Then you can ask him how he could prove he will have this ERC20 FSN in the future, eg 6 month later. The only way is he give you the time-locked ERC-20 FSN(from 6 months later to forever). Of course, if you agree on the deal, you can accept the deal and take this time-locked ERC-20 FSN and swap him your 5000 time locked P-FSN.



Dj Qian: And here, the deal does not have to be limited to swap for ERC-20 FSN. It could be BTC, ETH, GUSD.



Comment: Okay i understand



Dj Qian: Hope you will find how to play with it on PSN when it is live.



Dj Qian: And that’s the reason we launch PSN first. All ppl can try innovative and disruptive functions on fusion, and help us to find bugs. Then once our main net go live. All ppl would know how amazing it is.

Dj Qian: I would like to mention USAN (Universal Short Account Number) as well. Because ppl never have seen this before. You might not know how it could be used. But it is really very useful. You can use this short account number to receive any type of assets, no matter BTC, ETH, GUSD, A house token…

Dj Qian: And if you get a lucky number like 666666, it would be really nice! In the future we might have a plan to make it transferrable. Then it just like the domain. A good domain worth a lot of money. And it is the account number collecting any assets.



Comment: The lower the number the more expensive 😃



Dj Qian: Exactly, I plan to compete with you all to get #1



Dj Qian: But, tbh, in the design, the length of number starts from 3 digits. Because last two digits are correction code.

Dj Qian: You can see it is here

Dj Qian: This is the quantum swap function

Dj Qian: The wallet fusion is going to release has this function. I believe there will be more and more 3rd party fusion wallet. It depends on their design.



Question: If someone hacks the lottery and receive every block reward and every bonus fusion, can they keep them?



Dj Qian: then，that will be the bug we have to fix



Question: But can time lock and swap work with other blockchains like ethereum or ethlend



Dj Qian: yes



Question: So that means there will be a market for these deal? I don’t understand the part “someone will see your deal in block”. The wallet show that deal, doesn’t it? (Regarding DJ’s answer “It is trustless” a bit earlier)

Dj Qian: yes，you can look up in block. If any wallets want to show deals available to you，it is also doable. Regarding the fusion wallet，we plan to integrate

Dj Qian: Just as I said，the world does not lack technology but imagination

Comment: Let us remember that it is not supposed that we all just stake and forget. We need to test and try different functions too.



Dj Qian: Yes



Question: Hi, boss! Who can compete with fusion? what position in cmc do you see fusion in a year?



Dj Qian: We always see the market winner does not have best technology. So，how to increase the adoption is key. But at least fusion can assure you we have a very disruptive and innovative tech and moving forward with all of our efforts for adoption



Question: When you lock the asset in the private key is sharded through the fusion platform but the asset still exists on the other chains



Dj Qian: I think you got what we are doing！



DJ Question: Will Fusion wallet enable to associate wallet numbers with company? I.e. if future regulative wants (for taxatin reasons or something like that) to know exactly which wallet is associated with which company — will this be possible?



Dj Qian: So far，no plan for that. But if it is required，we think we definitely could work with some company in KYC area

Question: Hi DJ, how’s the outcome of your presentation in Dubai ? new interest on board ?



Dj Qian: Dubai is a good place for blockchain. Received lots of interest

Question: Will there be only around 100 million short addresses? (if where now 78 stands goes only from 00 to 99)



Dj Qian: last two digits are check code



Question: Dj, when we lend pfsn to someone using time lock, the borrower get the pfsn, can the borrower will not spend it to buy something? In this case the borrower spend it and thus he doesnt have enough pfsn to pay back to the lender



Dj Qian: What borrower get is only time locked P-FSN not the full P-FSN. The second part lies in your wallet

Question: once I get my psn ERC-20 tokens can i transfer it to a new wallet so i can test mining with new wallet ?

Dj Qian: token on PSN is not ERC-20 token. They are native tokens on PSN. But yes, you can transfer to anywhere you want

Question: Beside staking for masternode any ideas of what a time locked P-fsn can do ?

Dj Qian: staking is just a use case we can demonstrate time lock token can be used in this way. Futures, Bonds, Derivetives can be realized with this function very easily

Dj Qian: And not only P-FSN could be time-locked. Any assets originated on fusion or any asset locked in on fusion like BTC, ETH, GUSD… could be time locked as well.

Question: i use ledger. and my FSN on my ledger. should i transfer fsn to another wallet before 6,868,000 block ?

Dj Qian: No, you don’t need to do anything now. When PSN is live, you can use your ledger to access P-FSN on PSN natually.

Make sure to check out the articles from Fusion about PSN if you haven’t yet.

https://medium.com/@fusionprotocol/fusion-announces-the-launch-of-its-payable-staged-network-december-2018-aa7dfcbfdc32

https://medium.com/@fusionprotocol/the-fusion-payable-staged-network-how-to-participate-stake-and-earn-rewards-fb596ba3b9c9

Provided by Fusion Information Overview, a community-led telegram channel.