Review of the 3rd AMA with SINSO Vietnam Community
1. SINSO Introduction
SINSO is a Filecoin layer2 + infrastructure focused on Filecoin Web3.0 ecosystem. After the capacity of the Filecoin network is built, a series of middleware and various infrastructures needs to be developed for DAPP applications to do a full transition to Web 3.0, which is not yet complete in the Filecoin ecosystem. SINSO enables application developers to quickly and efficiently build applications in the Filecoin ecosystem and collaborate with storage providers to advance the Filecoin Plus initiative.
The technical direction of SINSO is adjusted to the infrastructure architecture of Filecoin Layer2. At present, it is divided into two levels, one is the construction of the performance cache layer, and the other is the standardization of the protocol layer, the construction of middleware services, and the acceleration of the implementation of the Filecoin Plus project.
The construction of the first version of the distributed cache layer will be completed this month, and the internal testing of the cache layer incentive model has been completed last week.
The DicomNetwork project won the second place in the “Wanxiang Blockchain Hackathon” community ranking.
1)The Filecoin ecosystem has brought us opportunities. SINSO’s task is to enable countless applications to smoothly migrate from web2.0 to web3.0, and build infrastructure and architecture based on Filecoin ecological layer2.
2)Promotion value of SINSO in the Filecoin ecosystem: at present,the baseline has been achieved. Increasing the mining rewards per unit of storage will require the use of the trading market, which will greatly increase the economic incentives to provide capacity through transaction rewards and the Filecoin Plus program. SINSO will provide a series of infrastructure to accelerate the landing of Filecoin Plus.
3)SINSO Getway can simplify the datacap collection process and make the collection process more efficient. It will be the most important effective data collection tool in the Filecoin ecosystem.It can provide more applied LDN (large datacap) resources and miner shared resources, accelerate the implementation of effective data mining applications, and SINSO Getway will also build a distributed cache node.
4)DicomNetwork is based on Filecoin’s Web3.storage. Web3.storage is very convenient to build web applications and provides users with free access to Filecoin network, storage and retrieval of data opportunities. Dicomnetwork is the first landing application case of SINSO.
4.How do ordinary users participate in SINSO?
At present, SINSO provides the construction of the SINSO Getway distributed cache node, as well as persistent layer mining cooperation (Filecoin’s plus plan). Please continue to pay attention to the specific details. SINSO will continue to allow early builders to obtain the greatest dividends. We have a corresponding airdrop plan for the community. You can complete the corresponding requirements and participate in the airdrop activities according to the tasks we announced.Welcome to join us.
1)Tittle of the AMA
Filecoin Virtual Machine and SINSO’s Technical Strategy on Filecoin Layer 2
2)The information of AMA speaker
Mariya Ebirayim, the CBO of SINSO.
Mariya has 8 years of experience in the Fintech investment field, is a senior investor and a professional wealth planner. She has 5+ years of experience in branding & digital marketing in Fintech&Crypto, focusing on the Crypto and Fintech field.
Q1: What are the advantages of Filecoin Virtual Machine for users? What is Filecoin Virtual Machine’s expansion roadmap, towards which user groups?
A1: Filecoin has announced its virtual machine, which is essential to building the Filecoin ecosystem. Because the native smart contract support on the Filecoin network is definitely better than bridging to other chains. For example, we can use FVM to build a highly flexible and programmable NFT, since our ability to control and use data will be greatly enhanced. Actually, we have been paying attention to the reuse of data after confirmation, and we also hope that data assets can have native support on Filecoin main chain (If FVM can define the ERC721 token). A good example would be the popular Gamefi field, which previously has separated assets and data. A three-dimensional animation prop created by users has its data asset outside the chain. It means with data stored in Filecoin, the asset needs to be expressed by other chains. Now, this problem is solved. Data and asset can be stored in Filecoin as a whole — this is real web3.0. The FVM architecture can accommodate data asset of any field. There are only things that you cannot imagine, yet nothing you cannot achieve through Filecoin.
Q2: SINSO’s approach to medicine is still quite new compared to users in Vietnam, so what development strategy does SINSO have so that more people can know about this product?
A2: SINSO is doing two things recently. One is to build a hot data caching layer for Filecoin to solve the problem of low DAPP efficiency by calling miners to participate in this project. In this way, our project will serve more users, not limited to the medical industry, but probably target all web3.0 users. Under normal circumstances, developers have to arrange an IPFS using a nearby node. This process is time-consuming and laborious, and for users, this method cannot protect privacy. The distributed cache node network we are building will be the right solution.
As for the other working focus of SINSO, I have to mention the effective data mining that Filecoin is advocating. However, many applications still have no clue of valid data, and junk data is still prevailing. We have done some encapsulation for some industry agreements. Taking the Dicom3.0 protocol for medical imaging as an example, we have made an encapsulation interface for these protocols, and then transferring these standard and orderly files to the effective data space (datacap) can generate 10 times the income. To achieve effective data collection, we need to have a full understanding and application of industry communication protocols, which is our strong point. We can take the lead in standardizing medical data. These encapsulated server interfaces can be used by more medical institutions and developers. And the service is almost free.
Q3: Why do you collaborate with Filecoin Layer 2? What is the vision of the project when choosing this network to build its product?
A3: About this question, I would like to highlight and correct one point that We are not cooperating with Filecoin’s layer2, but we are making Filecoin’s Layer 2( we are building the Layer2 on the Filecoin).
As a relatively new concept, Filecoin’s Layer 2 is very important to the Web3.0 ecosystem. We all know the Layer 2 of Ethereum and its recent focus on how to expand capability and capacity under the premise of ensuring decentralization. Vitalik has recently expounded on this issue. Although Filecoin has launched FVM, the product launch date should be in 2022. Compared with some other public chains, such as SOL, FVM definitely did not prioritize performance. FVM needs to put more considerations in balanced processing and decentralization. But the actual business environment is complicated, and users often put forward more requirements. For example, when we need to run a large Gamefi game on Filecoin, not only efficiency should be ensured, but lower cost should be considered. If the price of FVM gas (that is FIL coin) is too high, it is often difficult to advance when a project is to land. Just like the ETH ecosystem, everyone is migrating applications to Layer 2. Filecoin also has this problem, so it will be very valuable for SINSO to continue to cultivate on Filecoin’s Layer 2.
ETH has intended to expand its performance and throughput capacity throughout its development. But its design architecture determines that even storing a bit of data will consume huge gas fees, so Ethereum has been talking about expansion and sharding to layer2 these years. Web3.0 requires all data to enter the blockchain, not just monetary assets. Filecoin’s launch of FVM will fulfill ETH’s long-cherished wish and built a Web3.0 ecosystem in the field of big data. Fiecoin is the real “world computer”. With Filecoin’s Layer 2 ecology, Filecoin applications can be implemented on a large scale.
Q4: Can you tell me a little bit about your roadmap in the up-coming time? What are your out-standing events to attract more users in your project?
A4: In the future, we will expand Layer 2 of FVM as soon as possible after FVM is launched. This is imperative. The most prominent move in the near future is mining. We are to build a distributed cache network node, and we will recruit miners. We welcome the participation of miners from all over the world, and the goal is to accelerate and land the applications of Filecoin. Another entice may be “datacap”. When you mine SINSO, you can also replace for Fil’s computing power. In essence, what we are doing is the improvement and acceleration of Filecoin’s application ecology building, and solve other current problems of Filecoin. We believe that Filecoin’s ecological dividend is large enough to attract a very large number of users.
2)Free online Q&A
Q1: Most of users are still not aware with Blockchain & its related projects ! So, How # Your Project platform create awareness about their project with NON-CRYPTO users too?
A1: Yes, blockchain is a technology-oriented industry. At present, the application of blockchain products has not been popularized, which has caused many users to be very vague about the blockchain industry. It is just like Internet software, such as the apps we usually use on computers or mobile phones. After the popularization of blockchain application products (DApp) in the future, everyone will naturally understand.
SINSO is also working on the technology to promote the development of science and technology. Of course, SINSO will use our own technology to develop a series of application products in the future. At that time, it will be easy for everyone to understand us if we really use our DAPP.
Q2. Can you indicate a feature or feature that you like best about the platform so that it can compete with other competitors? What are you most confident about for your platform? Do you have plans to get users to choose your platform?
A2: We are currently making an effective data collector for the Filecoin ecosystem, which is very important to the web3.0 ecosystem. It will allow Filecoin more landing value and can stimulate the enthusiasm of miners. At present, because this ecology is to be too big, many things need to be done, and we do not have competitors working on the same subject. What I have the most confidence in the platform lies in our understanding of data communication protocols and practical ability of our industry.
Q3: Language is a barrier to many crypto enthusiasts, well, we all know many projects supports the English-speaking community. So, are you aiming to use local communities to raise more awareness among these people in different countries?
A：We provide global advanced technology to the medical industry. SINSO does not choose nationality, language or region. We hope that our project can help everyone in all regions of the world in the future. Therefore, in order to allow more people to obtain advanced medical information and the most advanced medical opportunities, we will also strive to spread our projects in more languages.
Q4: Is your project only for elite investors, what about others with small funds, is it open to everyone?
A4: Our project is open to everyone, but at different stages we unlock different investors to come in. After the project goes live, everyone can buy it on the IDO platform or cryptocurrency exchange. In the future, people can also use our SINSO coins to pay for medical-related expenses, and miners can mine SINSO coins, etc.
Q5: Many people want to learn about your project but they have problem with English, so do you plan to spread awareness about your project in different countries where English is not good? Do you have a Marketing strategy aimed at developing many different communities such as Vietnam, Indonesia, Korea, Iran, … about your project so that they can easily communicate and understand Project.
A5: As I replied above，We provide global advanced technology to the medical industry. SINSO does not choose nationality, language or region. We hope that our project can help everyone in all regions of the world in the future. Therefore, in order to allow more people to obtain advanced medical information and the most advanced medical opportunities, we will also strive to spread our projects in more languages.
In addition，We will carry out activities in communities around the globe to promote our projects. We welcome community volunteers from all over the world to join us. At present, our volunteer partners in India are actively communicating with us.
Q6: Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project? Many projects fail because the target audience and clients are not understood. So I’d like to know who your ideal consumer is for your product?
A6: Our project has a very simple idea in the early stage, which has been recognized by many people in the industry and our community. That is to make a Filecoin’s effective-data Datacap collector. While the ecological needs and pain-spots are very obvious, thus our goal is also very clear. Our audience is the industrial end of the non-crypto community that provides valuable data, and the other side stands the miners. The both parties need to cooperate closely to create and gain more value. We SINSO, is the glue.
Q7: Non-crypto user is very important for mainstream adoption. How you are planning to attract non-crypto users towards your project? Is there any upcoming partnership that will brings non-crypto user and real-use case?
A7: This question is very good. The project we are going to do is to introduce non-crypto users into the crypto ecosystem. We are actually a bridge guiding the web2.0-to-web3.0 conversion. For example, we provide data middleware to traditional big data industries so that they can smoothly migrate to web3.0. We will continuously provide awesome tools.
Q8: Can you share some Details about Recent Major Achievements done by your project? Also, what are the Future Roadmap & Targets of your project?
A8: This is a great question/ there is the answer and you can click to see it.