right so now we are going to the Q&A yes
10:16
yeah but yeah truly trying to be
10:19
decentralized I
10:21
mean and we feel like it takes multiple
10:23
bulls and bare Cycles to to truly be
10:27
recognized and we feel we're going
10:29
at least I feel we're going into a bull
10:31
market now I'm pretty excited about 2024
10:34
and I think it's going to be a good year
10:36
for our
10:37
ecosystem yes yeah I love
10:40
Q&A yeah yeah so the next step the next
10:44
step is a Q&A the guest here will have
10:47
the questions for you and can you please
10:49
answer them Mike I'll try my best okay
10:54
thank you so I'm going to take my my pen
10:56
to notice to no
10:59
he asked nimbe has launched an app that
11:01
named thunderboat and what do you think
11:05
about of this app yeah Thunderbolts not
11:08
been released yet but I know name chep
11:11
of course is a big supporter of
11:12
handshake and they're the second biggest
11:15
registar of domain names in the world so
11:19
I like the idea of using your domain
11:21
name we had said in my chat like dids
11:24
decentralized identities so Thunderbolt
11:28
will also use web2 domains like. as well
11:31
as web3 domains even. eth but also
11:35
handshake so for me the biggest exciting
11:40
thing for handshake is it gets more
11:42
exposure to handshake so when you can
11:46
use the name for your domain but you
11:51
people say whoa what's this henic thing
11:53
and I could actually get my own TLD in
11:56
into this Thunderbolt and use a really
11:58
cool domain name that's not possible in
12:01
the current domain system I think will
12:04
be a great way to get more people to be
12:07
aware of handshake but it's also really
12:09
amazing because my username will my
12:11
phone number will be my email will be my
12:15
you know my identity across all these
12:17
different
12:18
platforms and they promise to be as
12:22
decentralized and and collaborate with
12:24
as many tools as possible it's not just
12:27
a closed system it's open system from
12:30
what they've said of course we have to
12:32
wait to see what they they just they
12:35
show us but it seems very promising for
12:40
sure yes so that's the first question
12:42
anyone has a second questions for Mike
12:45
he asked about the processings of P
12:49
exchange he asked like how how long will
12:52
it be done and he also asked about the
12:55
payment is connect with any with other
12:58
payments nowadays that are available or
13:01
it's only helpful on hash sure sure so
13:05
exchanges right the was yes that's true
13:10
yeah I mean the good and the bad about
13:11
handshake is there's no Central
13:13
Foundation which as I said in my talk I
13:16
think is good but in there are some bad
13:19
so one bad thing about not having a
13:22
Central Foundation is getting onto
13:24
exchanges exchanges at least in 2023 are
13:29
more used to working with a a foundation
13:32
that has some allocation of tokens and
13:35
and money to give to The Exchange to be
13:38
listed represent the to the Token or the
13:41
coin on their platform so I I have
13:44
spoken to some of these myself but they
13:48
of course would like money or at least
13:51
liquidity to be put into their exchange
13:55
I'm not sure how much you understand
13:56
about liquidity do you know aren
14:00
yes I know it so they were saying you
14:03
need to provide liquidity and normally
14:05
it's like you know it's like at least
14:06
50,000 USD of liquidity to be deposited
14:11
to their exchange for the
14:13
trading
14:15
so basically it I'm trying to kind of
14:18
have bit main supports and maybe name
14:20
based supports but we need some bigger
14:23
supporters in the community willing to
14:25
help contribute liquidity and maybe even
14:28
listing fees to go into exchanges is is
14:33
basically my answer to number one that's
14:36
kind of one of the challenges of being
14:39
so decentralized is getting into
14:42
exchanges I hope that's
14:44
helpful I guess the other way to get to
14:47
exchanges is you become like Bitcoin
14:50
doesn't also doesn't have a really
14:52
Central Foundation but it becomes so
14:55
popular and so biges Must List it
14:59
because people want it so that's much
15:02
harder to do as a community to become so
15:05
big they cannot ignore you but that's
15:08
the other way of getting into exchanges
15:10
but we do have a few smaller exchanges
15:13
now I believe you're aware of we're on
15:15
Gates and
15:18
mxc there's actually a startup in the
15:20
ecosystem working on a product called
15:23
war.
15:26
WP and will help decentralized exchange
15:31
that will include handshake hopefully in
15:33
the handy con they could maybe have
15:36
something to to show in March maybe
15:39
April so that is some good news heard
15:43
it's a little bit new I don't think
15:45
we've announced that yet but yeah so
15:47
that's the first one about
15:50
exchanges the second one about using it
15:53
for payment some people in the community
15:56
have made various plugins on WordPress
15:58
or other tools to accept handshake but I
16:02
would still say mostly it's being used
16:04
for the the
16:06
domains but there is a lot of talk in
16:09
the community about using handshake not
16:12
just for TLD but for
16:15
SDS I don't know how much you understand
16:17
the difference of a TLD or an
16:19
sld but there's talk about using it for
16:23
the domains within the
16:25
tlds so you could sell names secondary
16:29
domains under the TLD in the handshake
16:32
coin so I think that's a promise idea
16:36
but it's also used for utility of
16:38
renewing the TLD so you you have to have
16:41
the H&S coin to buy the domain on the
16:44
auctions but you also need to the the
16:47
coin to renew your domain every two
16:49
years in a heartbeat
16:51
transaction
16:53
so that's already has more utility than
16:56
than Bitcoin Bitcoin has less utility
16:59
than handshake coin because you you need
17:03
the coin for the domain buying and for
17:06
the domain
17:08
renewing so of course we're still very
17:10
early but we believe if this does get to
17:14
be adopted as much as it will be renewal
17:17
itself will be a very good utility of
17:20
sustaining the economy of the hen Shake
17:23
coin yes so permissable
17:27
right yep
17:29
okay so we move that's the that's the
17:32
second questions anyone has a third
17:35
question there you has a questions ens
17:38
domains are become are more become more
17:41
famous than hns so she wonder if there
17:45
would be an competition between enf
17:48
domains and domains yeah it's a good
17:51
question I didn't say it but ens
17:55
uses eth e e e
17:59
so all their domains are on handshake we
18:03
reservee and ens has claimed e so they
18:07
actually have our our TLD well it's
18:11
their TLD in handshake and
18:14
ens does not plan to issue their own
18:18
tlds besides
18:20
eth so actually we believe there's more
18:24
complimentary than competing things with
18:28
ens and hns hns is
18:31
tlds ens is eth as well as web 2
18:36
integration so I'm not sure how
18:39
technical I should get arene but I don't
18:40
see them as direct competitive I just
18:43
see. eth as a good example of what you
18:46
can do with your own en H&S
18:49
TLD so you could have dot aren become as
18:53
popular as eth and yes we could our own
18:58
with hns so every single TLD on H&S
19:01
could be its own
19:05
ens okay I understand it use ens
19:09
technology fors there's some impervious
19:14
domains has forked ens and is using ens
19:18
technology for hns
19:24
tlds okay so thank you Mike for
19:27
answering three questions
19:29
I wonder if there's anyone that having
19:31
any more question here for Mike so he
19:35
asked the nck head for expected to bring
19:38
a new breakthrough for handshake so can
19:41
you please share your opinion about this
19:44
and how handshake could benefit in the
19:47
next C hard Fork yeah Excuse me yes
19:50
actually you could talk about the The
19:52
Happening that it's
19:55
coming I think maybe asking about that
19:59
I think one I was hearing hard Fork is
20:03
one word not it's technically two but
20:05
actually I think it's actually a soft
20:06
Fork not a hard Fork
20:09
technically and it was nickname The
20:13
Happening so what what's happening in
20:16
early next year just a month or so away
20:19
is a lot of the as me as I mentioned my
20:22
talk the founders reserved a lot of
20:25
coins and names for the current Internet
20:28
that they gave away to the to the to the
20:32
community but many of these people never
20:35
in the last four years never came to
20:37
redeem their their winnings their their
20:40
free gift of the name and and some coins
20:43
so we will not wait for them anymore and
20:47
this happening the sof Fork will release
20:49
those names into the into the mempool
20:53
basically into back to the blockchain to
20:55
be auctioned off to anyone one who would
20:59
like to bid on them so I'm not sure how
21:01
much everybody's familiar with the
21:02
auction system the vicory auction system
21:05
of handshake but that will be what
21:08
happens to maybe 80,000 I believe quite
21:12
a lot of these names about 80,000 I
21:14
think will go into the mempool to be
21:16
opened and auctioned some are very very
21:19
desirable names like very short two
21:23
letters three letters single words I
21:26
can't think of them on the top of my
21:27
head
21:28
but that will create a lot of demand in
21:31
the community to buy hns and and
21:35
participate in this auctions of these
21:38
names in the beginning of
21:40
2024 so a lot of us believe that we'll
21:43
create a new demand for the token or
21:46
coin excuse me as well as for the names
21:48
as well as new interest into the Eco
21:52
system to get more people excited about
21:55
the future of handshake and as well well
21:58
it will be burning coins I'm not sure
22:00
how many but there will be some burning
22:02
of coins as well as releasing of
22:05
reserved names to create more act
22:08
auctions and activity and demand so yeah
22:11
it definitely feels like it should be a
22:13
very bullish activity for the community
22:16
and drive more interest in
22:18
demand thanks a lot for sharing I wonder
22:22
if the guest here have any other
22:24
questions so let me ask sir I would like
22:28
to translate the
22:29
questions he asked nowadays there there
22:32
are so many Vietnamese people want to
22:34
join in the handshake note you want to M
22:37
the coin yes but we don't have any
22:41
providers here I mean the providers is
22:45
not really easy to approach so he asked
22:49
if there is any you know any
22:53
official official providers of handshake
22:56
handshake of mind miners in
23:00
Vietnam okay like a distributor for hs3
23:04
you mean or any kind of mining of yes
23:08
you was asking about the mining
23:11
providers okay I mean bit main is become
23:14
one of the main ones there's also gold
23:16
shell I I I have I have contacts with
23:18
both of them as I mentioned I think R
23:21
know or Margie I could also speak to her
23:23
next week and and help with this yes
23:28
maybe we can make it happen maybe next
23:30
week I could help get that
23:32
information wow that's great so thanks a
23:36
lot for answering let me ask your
23:39
audience here as as the last so thank
23:41
you a lot Mike um so is the end of the
23:45
call here thanks a lot for joining
23:47
thanks Mike and S San Diego thanks a lot
23:50
for joining in thanks a lot for coming
23:52
in and support me so Merry Christmas
23:55
wish you all the marry and cookie with
23:58
your
23:59
family thanks thanks have some now yeah
24:01
that's great to see you actually I can't
24:03
wait to see you in Vietnam and
24:05
Vietnamese handshake Community count too
24:08
they are waiting for you to come here
24:11
maybe we should talk about that soon
24:13
let's let's talk about it next week okay
24:16
that's great thank you a lot for coming
24:18
in thanks Mike thanks San Diego marry
24:22
Christmas Merry Christmas yes thank you
24:24
so much for for inviting me and I want
24:27
to wish everyone Merry Christmas and
24:30
both of us Mike and myself were
24:33
available on on on X on Twitter like my
24:36
handle is on my name at stronic please
24:40
feel free to reach out to me or or to
24:42
Mike with any questions and we're going
24:44
to be very happy to to answer them so
24:47
we're very very very easy to to be rich
24:50
you know very reachable on Twitter so
24:53
please don't be
24:54
shy yes thank you a lot your your
24:58
exist here today is my pleasure thank
25:01
you a
25:03
[Music] 25:12
lot