The ice Network community broadcast live, and invited two members of the core team, Zeus and Apollo, to answer various questions about ICE. The overall live broadcast lasted 90 minutes!
About Zeus: Co-founder and CEO of ICE, with 20 years of experience in the IT/technology industry,
About Apollo: A member of the ICE core team, he has 25 years of experience in the IT/technology industry and is also a sociologist and professor.
Q1: When will ICE consider implementing a destruction mechanism?
A: The destruction will be announced together with other matters at the end of September. The goal of ice Network is to build it into a deflationary economic model.
Q2: Can we choose to hide our personal data?
A: You can choose to manually hide all your information on the personal information interface, so that your information will not be displayed in the public database.
Q3: What is the ICE team’s opinion on exchange listing?
A: Currently, the project team has been contacted by some mainstream exchanges, but it will not be listed before the official mainnet. But what is certain is that once it goes online on the mainnet, ice will be listed on mainstream exchanges without any waiting period. At that time, the team will also start work on listing!
Q4: Can the staking time or ratio be changed?
A: You can extend your staking ratio or time in the staking interface, but you cannot reduce it because the rewards added in the past have already been distributed. If it can be reduced, it will be very troublesome.
Q5: Do the rewards obtained from recommendations have to wait for the corresponding subordinate to complete KYC before they can be obtained?
A: Yes, if you complete KYC yourself, you will only get your own portion of the ice. Only when your subordinate completes KYC will the portion he brings to you be unlocked. So to a certain extent, you can't get all the ice at once, because people need a certain amount of time to complete KYC, but it is guaranteed to be before the mainnet.
KYC will be run in phases. After the first phase of continuous face recognition, you need to set your country and region, and then the second phase of KYC before the main network will verify your corresponding valid documents;
In addition, ice has also relaxed restrictions, and some minors can also participate in the network, as long as you are over 18 years old in the second stage of KYC.
Q6: As a new project, how will ice Network compete with [3.14], which has been developed for four or five years? What specific details make it unique?
A: First of all, some community members think that the ice team is biased against the [3.14] network. In fact, the team does not have any bias. They were the first project to show this mining idea to the world, and ice was inspired by it. Of course, ice made a lot of changes on this simple mining to keep users engaged, but the ice team was trying to implement is different from what the [3.14] network has done over the past four years. This year ice will release the first application, which will be the first puzzle of the ice ecosystem. By next October, when the first phase is over, the ice coin will have not one but multiple utilities, and the testnet will be very Soon after launch, the community will also be able to start developing applications, so by the time we complete the first phase, the community will have applications as well.
Yes, I think these are the differences between ice and [3.14]. The ice project team does not like to waste time, so the team is gradually releasing new things to bring new progress to the community.
Q7: Regarding the design of rest days, why do some members still have no rest days even if they click continuously?
A: A unique feature in ICE is the "punishment" feature, which is not available in [3.14] or other similar projects. In order to get a rest day, you have to click in advance continuously within 24 hours.
Users who don't get a rest day are just trying to wait for 24 hours before clicking like on [3.14], but they are waiting for the button to turn blue or red, and when you enter "punishment" mode, it turns red.
Therefore, users are advised to start their mining session early and not wait for the 24 hours to end, so that they will also get a rest day. Once you have a rest day, then even if your time has expired, say one minute has passed and it has expired, the rest day will automatically start, this is to avoid going into a "penalty" state, because the "penalty" will lose your coin.
For original members who mined ice at a higher rate from the beginning, a one-day "penalty" will be more meaningful than for new users who join the ice project, because the "penalty" will deduct your coins based on your balance, So the larger your balance, the higher the "penalty" percentage.
Q8: How to confirm which accounts are active?
A: ICE does not have a mechanism to mark users as inactive or bots, nor does it have a mechanism to mark users as bots, etc. ICE has taken a very simple approach and in the next version with KYC update you will notice that all the metrics like ranked users, countries, total registered users and total online users will change and this will only Based on users who passed KYC and facial recognition so that we can see exactly the total number of real users on the ice network because by analyzing the data it was found that in addition to bots, the team noticed that some users were using two accounts on different devices, so, In the upcoming new version, every day when you start a new mining, you need to go through facial recognition, and facial recognition is also protected from spoofing, we have some liveness checks to ensure the authenticity of the user, everyone will be required Do some things, such as smile, turn your head to look to the left, etc. These things will be combined together. If you don't act like a real person and do what the system requires, as long as you can't prove that the video is real-time, then you The faces registered in KYC will also be unreal.
One of the functions of the same utility is that it will not only be an ice wallet, but also a wallet for mainstream chains such as Ethereum. The application will be available for mobile tablets, computers and web pages, so it will be a diversified application and you will also be able to access the application from within or outside the application, you will also be able to access other ecosystems on other chains, so let's say you want to do a transaction on Ethereum, you can also access it from ICE's application carried out in the program.
Q9: Why does ICE launch [Personal Development Plan]?
A: The ICE Personal Development Program is a unique and innovative initiative within the crypto space. The vision of the ICE Personal Development Program is to empower community members. The program provides the community with the tools and knowledge needed to grow, both personally and personally. Still on the professional side, ICE regards community members as indispensable partners in the entire journey, not just users. By providing personal development plans, ICE aims to give back to the community and help the community become a leader in the ice network and the wider field. Leaders, influencers and positive forces.
The ICE team firmly believes that transparency and trust are core values in the cryptocurrency world, and this program is an extension of those values through the open sharing of knowledge and resources.
The project side does not want users who have not participated in the entire process and are just waiting for the opportunity to make quick money. These users will not have any benefit to the project, nor will they have any benefit to the contributions made by active users.
The penalty mechanism and destruction mechanism are to protect the real value, that is, real users, not those who are inactive. Because once on mainnet, they can still be part of the ecosystem, but if they are inactive, they will no longer own any coins. ICE does not have any banning mechanism or blocking mechanism, but the activity penalty is trying to protect the interests of active members. This will be completely different from what ordinary encryption projects do. Protecting the continued value is also to protect it and in the future 10. Having a future in 20, 30 years, everything needs to be properly managed from the beginning, otherwise there will be problems on the mainnet.
Maybe many people don't understand such a mechanism, because it may be very detrimental to the expansion of the network, but take your time, only cooperate with the right people and grow together!
Q10: About verification nodes
A: In the original project plan, the first batch of verification nodes was only 100+, but the number will be expanded to a certain extent at present. Verification nodes are the basis for maintaining the healthy operation of the blockchain network in the future.
Highlights briefly:
⚡Mainnet transaction 2024.10.7
⚡A burning mechanism was announced at the end of September and will be implemented on the mainnet
⚡KYC phased certification, the first phase of KYC is face recognition
⚡The test network will be released this year. Not only will the official dapp ecosystem be built, but the community can also build an ecosystem. Other chain ecosystems can be transferred to the ice chain.
⚡There will be a wallet that can access other chain applications, and other chains can also access the ice wallet
⚡A new white paper will be released in December
