⚡️ AMA Answers Week #4

AMA WEEKLY #4!

We have entered the AMA Weekly #4 initiative, a total of 64 questions covering a variety of topics around the RUBI Network project have been selected for AMA. All questions are publicly asked via TXN and then answered directly during the AMA sessions.

We have also successfully raised thousands of Rubies (AMA wallet), allowing us to reward hundreds of subsequent questions, so we continue to encourage the community to participate in AMA for significant additional income.

If you have any questions, send them to our public AMA wallet address along with a small fee, you will have the opportunity to receive 20 times the amount of the fee sent. (up to 20 RBL per question)

( Open your wallet and QR code - to submit your question to the AMA )

Learn more about AMA Weekly HERE

And now! Welcome to Rubi Network's AMA Week #4!

In this week's Q&A series, we will explore the in-depth aspects of Rubi's system with you. With 20 thoroughly answered questions. Rubi Network AMA #4 brings a lot of interesting information, from clarifying development strategy to questions surrounding transparency and trading opportunities..

All questions found on the AMA wallet, we will continue the numbering from last week's questions. This week we will start with the answers numbered from 44 to 63.

● In AMA Week #4, we collected 119 RBL from the questions.
● And paid out 364 RBL for AMA rewards.

Here is a list of 20 answers from AMA Week 4.

List of questions and answers period week #4

44) What is the solution to maintain dedicated miners?
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Ask:

Can the Rubi team do a campaign so we can reach more serious and dedicated miners? will the project be affected if miners who are not serious are going to leave?

Answer:

Rubi Network understands that the miner community plays an important role in the development of the project. We can roughly divide miners into two main groups:

Group A: Those who believe in the long-term value of blockchain, are patient and work hard to build a sustainable ecosystem. They are the main driving force of the network.

Group B: Those who seek short-term gains like Airdrops, often leave after selling their assets, and they are often not patient enough to accompany any project until they achieve glory.

Currently, Group B is the majority, and it is almost impossible to change their short-term perception, so Rubi Network focuses on Group A to create long-term value. We maintain interaction with Group A through initiatives like AMA. This helps to strengthen the platform's sustainability, not dependent on temporary user numbers.

Ask Reward 20 RBL TXN
0x9dad5ea0ca407efd220a6a3935c47f3b34a2968bccea7281da74f4b4abc04e63

45) Why do weekly AMAs usually take more than a week to answer?
0x4cae8806c09ea256a4165fac53bf527390c6058f8e13966cccc6045700cb3d98

Ask:
You mentioned in a thread that the AMA period will be approximately ONE WEEK. What is the reason why this time is rather longer than expected?

Answer:

Thanks for the reminder! The expected time for AMAs is about a week, but it can actually take longer due to a number of reasons:

Answer more of questions: We usually answer more than expected (5-7 questions) each week, which can be up to 15-20 questions like this week.

Prioritize urgent events: Hot issues that require urgent response also affect progress.

Spend time for detailed process: We have to read, understand the question, screen for duplicate content, and edit carefully to ensure the clearest and most useful answer.

Therefore, sometimes AMAs take longer to ensure the quality of content provided.

Ask Reward 20 RBL TXN
0x8631322e66c894deda3015a9da59fb51d2a4e31ccc81faa769c0c26cabdc942d

46) Can I review the secret key on the app?
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Ask:
Is There Provision to view wallet phrases in the App?

Answer:

No, the feature to review the wallet passphrase is not supported.

key generation process without storage?
When creating a wallet, the passphrase (or private key) is only displayed once. Users need to store it carefully at that time, because the app and server do not retain this information.

Purpose of do not storing?
This ensures that only you have access to the wallet, minimizing the risk of phishing attacks or data loss through storage on a third-party server or service.

Ask Reward 20 RBL TXN
0xe47130fd915e0a1449eaedf2e84dfff8e8a028b3129212db1a04754f67e36e30

47) Does Rubi plan to join the trend of mini app on telegram?
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Ask:
Are you planning to launch the latest mining system via Telegram which is popular with many investors?

Answer:

Currently, we have not yet plans to launch a mining system on Telegram.

Reason:
Building a mini app on Telegram requires dependence on the Telegram platform and TON Blockchain, including the use of a TON wallet and the development of DApps tied to TON. This is not in line with the direction of building an independent blockchain that Rubi Network is pursuing.

Viewpoint:
We are closely monitoring the mini app and memefi trends on Telegram. If other major blockchains like Biinance, Solana, Ethereum find a way to exploit Telegram's excitement without creating dependency.Then Rubi Network will consider adopting a similar strategy.

Ask Reward 20 RBL TXN
0x3fc4da61f730556441e4dbdf7ce3992192724499d4e2f90e1b5f94f37ea8ec15

48) Are Asian projects as good as European or American projects?
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Ask:
Most investors think Asian projects are not as good as American or European projects, how do you see that ?

Answer:

The view that Asian projects are not as good as projects in the US or Europe is a subjective, inaccurate and not based on any real data.

Global Competence of human:
People anywhere, from Asia, Europe to America, are capable of creating outstanding achievements. Human history has proven this.

Actual Evidence:
Many outstanding technology projects have been and are being carried out by individuals and teams from Asia, contributing greatly to the development of the global technology industry.

If you have a bias about Asian capabilities, it is time to re-evaluate and eliminate these irrational thoughts.

Ask Reward 20 RBL TXN
0x1be4ad069d3d1e975ede8e0d7c8dadf29d716e5cd4e0a4d91236544151222264

49) When can I withdraw RBL to my bank account?
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Ask:
When can we withdraw our rbl to our bank account?

Answer:

Currently, most banks do not support direct transactions with digital assets such as RBL. To be able to withdraw RBL to a bank account, there needs to be deeper consensus and integration between the traditional banking system and blockchain technology.

This process requires time to build appropriate legal regulations, develop technical infrastructure, and gain acceptance from financial institutions. We will update as soon as there are new developments.

Ask Reward 2 RBL TXN
0x3cad279dbd20cec86dfd4e395164be8efbced421b23e36515d214ece2414d16d

50) Are RUBI Network's partners reputable?
0x187e9f127e7a391e43e5a6f747f60bcdce8adfbd0c17e2a9ca991f2ce3b39f92

Ask:

Partnership is one of the most important elements to assert the trust and reliability of any project with the community. Can you tell us about your partnerships?

Answer:

It is true that partnerships can build trust, but this factor should not be used to evaluate a project. History has shown that many large projects failed why have many famous partnerships (such as Luna, FTX...). Meanwhile, Bitcoin succeeded from the early days without major partners, proving that long-term vision and a solid team are the most important factors.

Rubi Network has strategic partners who are supporting us financially, technically and in community development. However, the names of these partners will be revealed at the appropriate time. More importantly, we have the support of the mining community and investors who believe in our long-term vision.

We are constantly looking for new cooperation opportunities to promote sustainable development and are committed to bringing innovative blockchain solutions that truly bring benifit to the community.

Ask Reward 2 RBL TXN
0x8f0e80d2159c0e2d76f1c1d451b0a0cd37e118ba30c8a6ffe9e646f5360e8ef4

51) What makes Rubi Network different?
0x0de95de51ae234cd00569da136bcb8047e41fb28b744b2fa16ae8a632fc23585

Ask:

There are several blockchain projects launched on the market today. What is your competitive advantage? What sets you apart and makes you better than others?

Answer:

Now's day, fewer investors are willing to take the risk of funding new blockchain development. Therefore, when discussing blockchain projects, it’s essential to distinguish between an actual blockchain and decentralized applications (Dapps).

Rubi Network stands out by pioneering the theory of Crypto Commodities, diverging from the mainstream focus on Crypto Currency in most existing blockchains.

By focusing on "Crypto Commodities," Rubi Network does not directly compete with cryptocurrency-oriented projects. Instead, it complements the broader ecosystem, positioning itself as a crucial element that enhances and strengthens the significance of other blockchain concepts.

Ask Reward 20 RBL TXN
0x71cb4eb6e807bd06c59f4c845046363dca0a64dc1bedb94e473b6012c9317b3a

52) Why doesn't Rubi open STAKING to retain users?
0x14046be77241720b461a1aaa116835f60c7b33da3377ca8ca138a6c1c8aae8d0

Ask:

why doesn't rubi have a staking and coin locking system to prevent people from selling and leaving the project?

Answer:

Thank you for this interesting question!

Currently, Rubi Network does not implement coin locking or staking systems for two main reasons:

1. No supply for interest payouts:
Rubi Network distributes 100% of its RBL supply to miners and retains no reserve funds. This is unlike many other projects that reserve a portion of their supply to pay staking rewards. Without such reserves, we cannot offer staking rewards under the current model. Similar to Bitcoin, Rubi Network prioritizes decentralization and fair distribution.

2. Respecting user freedom:
We believe controlling or locking users' assets to prevent selling contradicts the principles of crypto freedom. RBL holders have complete freedom to use their assets, including buying and selling, just like Bitcoin.

Future solutions:
We acknowledge the importance of staking in the digital economy and are exploring staking models aligned with network principles, such as:

Staking to run Nodes (POS).
Staking to gain voting rights.
Staking in trading or lending pools.

Rubi Network is committed to ongoing innovation to meet community needs.

Ask Reward 20 RBL TXN
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53) When is the expected exchange listing?
0x6c9c4567e6a157516ce7dcae15118371bf6e04dda579848d36e2a66e96511951

Ask:

When is Rubi planning to list on exchange?

Answer:

Listing RBL on an exchange is a significant milestone but depends on several factors, including negotiations with exchanges. Exchanges typically evaluate trading potential, community support, and the project’s value before deciding to list. Rubi Network is actively working on building long-term value and will announce specific plans when the time is right. We are committed to transparency and keeping our community informed.

Ask Reward 20 RBL TXN
0x4fabca6fdd2ff2c490ebd87792703c879253bdf77303de1041e176f4d7e503e7

54) How will Rubi solve the network scaling problem?
0x4ef1e493f6da805529edc3c76b6ee7bd3da8dea30cb24c4526ca63dcc2a0fed8

Ask:

How do Rubi plan to solve scalability issues as users increase in millions due to Rubi vast innovations like wager, blockchain multimedia messages etc, as a layer1 blockchain?

Answer:

Thank you for asking such an interesting and crucial question!

Scalability has always been a major challenge for any Layer-1 blockchain, especially when the user base reaches millions. Rubi Network is currently testing various models on a small scale to gather real-world data and better understand system limits. We are dedicated to finding optimal solutions that balance performance, security, and decentralization. Some approaches include optimizing the consensus algorithm based on the "Hybrid" mechanism between POW and POS, implementing sharding solutions, and integrating layer 2 models.

Rubi Network remains committed to ongoing research and development to meet the growing demands of our community.

Ask Reward 20 RBL TXN
0xe9db2bce5d2c7624fdbd8bf16950d440a5e1c9c8cc4e4b7a0799d1130071ce0e

55) No IDO, ICO, IEO, so how does Rubi create liquidity pool?
0x486b19b0293da869e58cc9436962405956b5188a2ab7426bc3c674bba48f35d5

Ask:

To be listed on CEX or DEX Rubi will need liquidity. How will the team come up with this liquidity? Since there will be no ICO, IEO, IDO to raise funds when rubi is ready to be listed.

Answer:

Thank you for asking such a direct and important question!

Providing liquidity is a challenge we have carefully considered. Unlike many projects that raise funds through ICOs, IDOs, or Presales, Rubi Network does not conduct public fundraising rounds. This decision ensures community protection from scams and establishes a foundation for sustainable growth based on intrinsic value.

We believe that a decentralized, transparent, and genuinely valuable project will naturally attract exchanges. As Rubi Network's community grows, exchanges will recognize the benefits of collaboration rather than demanding centralized liquidity from developers.

In less favorable scenarios, Rubi Network may explore developing simple and fair decentralized exchanges to serve the community without relying on large centralized platforms.

Ask Reward 20 RBL TXN
0xc9d1edeac5b181f93e5b62da5608f01662c6f30f5c6d7c3ea2aca36c6eb8fa73

56) Why doesn't Rubi participate in crypto conferences?
0x3e93dec124c23dea3cdb0c237624a7c9ed2cac4c6d173411b55512a65cb806f3

Ask:

Why is that we have not seen any post of Rubi attending any crypto summit?, and when will Rubi create p2p space in the app to avoid people been scammed.

Answer:

Thank you for your interesting question!

Regarding participation in summits:
Rubi has not yet participated in cryptocurrency summits as we are currently focused on building intrinsic value and core products. Once we reach a certain level of development and reputation, we will consider attending relevant international events.

Regarding P2P functionality:
Creating a secure P2P trading space is a priority for Rubi. We have included this feature in our development roadmap and will announce it as soon as it's ready to help protect users from potential scams.

Ask Reward 20 RBL TXN
0xf9c1be64b623c80c191cd4b368000aae979e4772b5699f962e6a2a8333df98c4

57) What is the basis for Rubi network to propose RBL price?
0x59bc39f6f81e3abc7c1bc4d74616ffc0df3d45f08df6ab41b0175bc2ddb6de56

Ask:

If Rubi has no Constant price why don't Rubi Core team askes Rubi Community to suggest the price for Rubi Token?

Answer:

Thanks for your insightful question!

Currently, Rubi has an estimated price for RBL, which helps miners visualize their mining value. Since 2023, the community has agreed on a potential price of $5.54 through a vote, based on the consideration of the interaction value.

Xem ước tính chi phí tương tác.... https://rubi.social/preview/95.html
Xem kết quả bỏ phiếu đề xuất giá ... https://rubi.social/new-future-forecast-price-update-1-rubi-5-54/169.html

However, the position of Rubi has changed significantly. With the strong growth of the community and ecosystem, we expect to discuss publicly to set new expectations in the near future.

Ask Reward 2 RBL TXN
0x84b61e8ca67d7e90c4da9c72bb242be67b29cb1507f9fd91649e975b235c4361

58) How do you deal with criticism of crypto projects?
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Ask:

How do you response to criticisms or concerns from the crypto community? Especially in the area of transparency and the future of Rubi if it can be the next Bitcoin as claim.

Answer:

Thank you for raising such an important and intriguing question!

We always listen to and analyze feedback or concerns from the community, especially in areas like transparency and long-term vision. With Rubi, we’ve taken a distinct approach: no fundraising, no speculation, and a focus on building genuine intrinsic value.

Our goal isn’t to “become the next Bitcoin” but to establish a decentralized blockchain platform that safely and transparently introduces blockchain technology to everyday users.

For constructive criticism, we’re open to improvements. However, regarding misinformation or defamatory attacks, we maintain a no-response stance, as a project that doesn’t solicit investments isn’t a legitimate target for such critiques.

Ask Reward 20 RBL TXN
0x1dd85fe1aaac9c6453ec407da730de0012a8513ffe366a65bd670ddf27c62244

59) How much RBL is required to stake a node?
0xe84bf3a158efa54841b723f80de37f717be4b933be9a6c0145200e69775f140f

Ask:

How many RBL do we need to hold or stake before we can run a node? And how will rewards be distributed for those that will be running nodes?

Answer:

We are currently finalizing the specific requirements for running nodes. There will likely be two staking levels: Full Node and Light Node.

For Light Node, the proposed staking amount is 32 RBL, similar to Ethereum's model. However, this figure is still under review to ensure system balance and feasibility.

Rewards for node operators will come from:

Increased mining efficiency: Increases the basic mining efficiency for node miners
Revenue share from transaction fees: Node holder receive sharing from network transaction fee revenue.

Ask Reward 20 RBL TXN
0xeb5e5a9d34199143b9713a0dbaf37825ec1e1c4c127c2e45357f3a9e50376cd0

60) Is there a limit on trading RBL between miners?
0xd01317bd442f9cf0278279d8d772a92012b5367971456cb402e65d102340d49f

Ask:

1) is it legal to buy Rubi from each other? 2)What is that maximum a wallet can hold ?

Answer:

Is it legal to trade Rubi with each other?
Trading Rubi through peer-to-peer (P2P) agreements between individuals is not against regulations, as long as it complies with the laws of your country.

What is the maximum amount a wallet can hold?
There is currently no limit on the amount of Rubi a wallet can store.

However, ensure safety by verifying trading partners, splitting transactions into smaller amounts, and managing risks effectively to safeguard your assets.

Ask Reward 20 RBL TXN
0x073b2e800cd1b00c775b39be1f1a815057312eebffb267844be5b92a307bfa24

61) Why does the total amount of RBL I receive depend on the group member?
0x90242bbc08291794f07bf37162745a912276a7e874980fb026276627127b42f3

Ask:

Why does the verification of the total RBL mined by a KYCED RUBI user depend on KYC of his referrals? Is it appropriate? I think It should be clarified.

Answer:

KYC with group members is mandatory to receive rewards. This is to ensure transparency and prevent fraud, such as creating a series of fake accounts to maximize group rewards.

The total amount of RBL mined by you is calculated based on two parts:

The amount of RBL you mine: Daily mining results with your basic performance accumulated
Team Rewards: Only applicable to team members who have completed KYC.

Un-KYC members will be temporarily excluded from the total available RBL until they complete KYC. This ensures the benefit of the entire community and the healthy development of the system.

Ask Reward 20 RBL TXN
0xbc5c8584acc47261033aa19b22c373316b8ab75820236722a1d2255319a6c4f2

62) When compared to other networks. What is the unique about Rubi?
0xfeba553f9c9a67c2dca27bb8ee78a22e261ce701fcf851c4b5019b70a743c3e4

Ask:

ETH-ecosystem, BNB-speed, SOL-scalability, NEAR: usability, TON-dev support. What's Rubi Pandora's unique edge + dev support?

Answer:

Thank you for your interest in Rubi Network's strengths.

While other blockchain ecosystems like ETH, BNB, SOL, NEAR, and TON focus on aspects such as stability, transaction speed, scalability, or development support, Rubi Network's unique strength lies in transforming human interactions into digital assets.

Rubi leverages blockchain technology to convert interactions into "encrypted goods," turning them into personal assets. These can be used in digital environments or transferred as needed, introducing a novel approach to blockchain by bridging everyday interactions with digital value creation.

Ask Reward 20 RBL TXN
0x85f8093e5acdead89b1cb3b022335ebe3dcccb7aed4c7a8c6da1ea0b2f9d9ab3

63) Can un-KYC users participate in OTC trading?
0x8c259f075e3bbb6caab462e97c05cca78c12a8812987acef5e97210f746316d0

Ask:

Người dùng chưa được xác minh có thể tham gia giao dịch qua quầy (OTC) tại Rubi không?

Answer:

The answer is "Yes!"

Un-verified users can still participate in over-the-counter (OTC) trading on Rubi. Like other blockchain networks, you can create a Rubi wallet and store assets to conduct peer-to-peer transactions in the free and floating markets.

However, if you participate in RBL mining and want to become an official partner of the network, completing KYC is mandatory. After KYC verification, your mined assets are allowed to move and be fully used

Ask Reward 20 RBL TXN
0x27c52292b17dfb557475639c16960ae7abb21f42a472a1a8a6fefeb4ad7a6d74

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