Q1. What will you reserve under compolsury reserve mechanism? Ref abstract section from whitepaper.
All applications such as KAICO, Banking, Exchange, Payment, Trading, etc on CryptoKami blockchain using KAMI token must comply with the Compulsory Reserve Mechanism. Token pairs are generated from dependent applications with a pair of token pairs that are both KAMI and KAMIs. This dependency governs the Compulsory Reserve Mechanism based on the Comreme Algorithm via Regulate Contract
Q2. Considering the present market trend would not it be much easier to estimate presale token buying valuation in USD or EUR kind of FIAT? I cannot predict the price of ETH tomorrow or how it will be after 8 days from now onwards.?
Pay attention to the practical value of money based on the practical needs of the world economy. In the short term the market may be up or down, but in the long run the currencies that create demand for it are rich and meaningful, which will have long-term growth value.
Q3. How does kami could be proven better and attractive to fintech industry where ripple is trying to be the show topper with xrapid, xcurrent, xvia the new one?
The KAMI Token is not a direct competitor of any major coins, as CryptoKami chooses to own a particular path. All other blockchain infrastructure systems focus on transaction processing such as speed increase, capacity increase, reduced fee, increased security, cross-chain, atomic swap, etc. CryptoKami blockchain inherits and updates all the accomplishments of the most advanced blockchain by cooperating with them, and CryptoKami chooses the mission of creating the High Power Token KAMI to focus on regulating the flow of KAMI and its dependencies in the system as well as outside the system. That mission will also have an indirect regulatory effect on major coins flows in the market. That mission opens the future for KAMI and KAMIs as well as its entire direct and indirect ecosystem.
Q4. Modern Experts says in public media virtual currencies would still need a long time (expecting 7 years average acceptance by all the major world economic zone). Are not we bringing 3 generation through Kami too early? In other words please define the risks and defition of success of Kami. I am asking due to it is still in pen and paper rather than in practical usages in the fintech market.
CryptoKami’s 3rd blockchain infrastructure focuses on solving the big problem of the crypto market in small but specific steps, so it will play its role immediately, followed by medium and long term.
The big problem of the market is that the blockchain system operates separately, its cryptocurrency is unregulated, keeps the rhythm of supply-demand-driven behavior affecting the value of the currency, so vulnerable by speculation, rumors, and policy interventions from large and small governments. Now is the right time to see the blockchain system with its token capable of interacting and interacting with other systems and cryptocurrencies to regulate the supply and demand rhythms circulating in the crypto market, from which protect and stabilize the market against the effects of speculation, rumors, government policy.
Stage 1: Release and regulate supply and demand for CryptoKami’s cryptocurrency is KAMI token
Stage 2: Regulating the token pairs is released and depends on the protocol of the KAMI Token and KAMIs Token.
Stage 3: Moderates through the indirect influence of KAMI tokens and Major Coins on the market.
Q5. CryptoKami focuses on the automatic regulation of cryptocurrency flow in its ecosystem by the Compulsory Reserve mechanism (Comreme Algorithm) via the Regulatory Contract. Ref whitepaper. Here automaic regulation stands for creating automatic regulations for commercial banks under central reserve bank which regulates CryptoKami. Is my understanding correct? Are we trying to create a central reserve mechanism under the tag name of decentralization.
Very very good question ..” Are we trying to create a central reserve mechanism under the tag name of decentralization ? ”
The answer in the unique invention of CryptoKami. Complulsory Reserve Mechanism = Comreme Algorithm + Regulate Contract.
Comreme Algorithm simulates Fed’s Compulsory Reserve Mechanism, but not exactly identical. It creates a pool of reserves at each distributed node and decides the coordination between the Comreme Algorithm and the decentralized consensus mechanism through the Regulate Contract. Let’s review the simulation of the mechanism of operation of the Compulsory Reserve Mechanism based on the Comreme Algorithm via Regulate Contract below.
Q6. The team an unknown, it is a Japanese way to make another interesting flavour like bitcoin in crypto fintech? I have limited knowledge, please explain why it will be fundamentally become easier to adapt Kami if the team behind is not disclosed by the rest of the world major economic zone?
“ Let’s try to ask if Bitcoin and its creators are not anonymous. Does it stand firmly after that year and have a tremendous impact on the world today? As we know it, the history of the world witnessed the privilege of issuing and regulating the world’s currency, which was only a handful of mighty powers. Through the power of money, they control, manipulate the economy, the politics of human society. Now the anonymity of Bitcoin and its creators helps it avoid potential dangers as it intends to threaten the monetization of other powers. Anonymity also helps Bitcoin to overcome every barrier of its borders, politics, law, and culture so that it can reach out to people and become as popular as it is today. ”
The Power of Anonymous
In the world of technology today, there are two schools of action, namely identifying and anonymous. Identification is…
Q7. If the team is unknown does it mean that the CEO is also using an alias name? And technically hiding identity as well.
Right now we are building, forming and nurturing developer groups to operate, research and develop the CrryptoKami system around the world. New businesses and organizations will also form and operate on the system. This creates a binding relationship of interests and responsibilities that will enable the community to continue to promote the development of CryptoKami’s vision-and-mission . This does not depend on a specific third party. . Hiroshi Kobayashi is the symbol of the community as a guider, the image of breakthrough spirit, always exploring new ways. The next development team, the next companies and organizations operating on CryptoKami blockchain will of course not Anonymous.