$CCC Weekly AMA #18

This space is hosted by CCCTRX20

Space Summary

The Twitter space focused on a community art project, highlighting transparent communication and regular progress updates. Participants emphasized the importance of open dialogue, community involvement, patience, and trust-building over hype. The ethos revolved around credibility, transparency, and community-driven development within the art niche, incorporating aspects like $CCC Weekly AMA #18, marketing strategies, consistency, influencer collaborations, event participation, and effective communication.

Questions

Q: What is the approach towards discussing project progress openly?
A: The approach is centered on honest and transparent communication about the project's progress.

Q: Why is buying and holding advocated over hyping potential gains?
A: Buying and holding is preferred to cultivate trust and authenticity within the project rather than focusing on speculative gains.

Q: How is community involvement emphasized in the project?
A: Community involvement is highlighted as a key aspect, promoting engagement and transparency within the project.

Q: What is the recommended attitude towards market fluctuations?
A: The emphasis is on patience and avoiding impulsive reactions to market fluctuations.

Q: Why is trust and credibility crucial in the project's development process?
A: Trust and credibility are essential for fostering a strong community bond and ensuring the project's authenticity and integrity.

Highlights

Time: 00:04:14
Utilizing Polls: Discussion on using polls to select the best time slots for community events.

Time: 00:06:24
Cross-Platform Interaction: Suggestion to merge Telegram and Twitter interactions for broader engagement.

Time: 00:14:00
Importance of Community Involvement: Emphasizing the need for community members to join events.

Time: 00:19:48
Global Time Zone Coverage: The need to find time slots that cover different regions, including Asia.

Time: 00:40:03
Influencer Collaboration Challenges: Discussion on the difficulties of working with top influencers due to market cap constraints.

Time: 00:42:16
Marketing Strategy Focus: Highlighting the importance of marketing in driving the project's success.

Time: 00:12:36
Data Collection Bot: Introduction of a bot to collect user interaction data across platforms.

Time: 01:11:53
Community Feedback: Encouraging community members to provide feedback and join AMAs for better engagement.

Time: 01:13:24
Consistency in Communication: The importance of regular communication through AMA sessions and spaces to maintain community trust.

Key Takeaways

• Emphasis on honest and open communication regarding project progress.
• Advocacy for buying and holding rather than speculative price hype.
• Commitment to community involvement and transparency.
• Importance of patience and avoiding impulsive actions.
• The focus on building trust and credibility in the project development process.

Behind the Mic

Hello, everyone. Thanks for joining the Taraxa Monthly Development Update. Mihai has a brief update on some aspects that are basically mostly in the interest of the people that are developing on top of the APIs that we are currently offering. First thing, we're quite happy that we managed to join Forta. Congratulations to our Forta integration team and basically to all the people working on the APIs. The rank on Forta is actually quite nice. We rank among others in a very good place. There are some things that we need to work on, that we improve, like our latest security incident. We decided to take the tiger by the tail and we increased our security standards and procedures a lot. We are deploying on renewed procedures. These involve deployment on the development branch, deployment on the QA branch, deployment on the staging branch. The issue that we have is that basically most transactions were ranked by the time it takes for them to be included in blocks. That's not necessarily correct because actually most nodes receiving transactions propagate them further. Their ranking systems should take into account also this propagation metric. So we're still working on it. Our newly integrated DevOps team is really working on this. Okay, this is mostly from my side. Mihai, if you're ready, please take over. Thank you. Okay, thanks a lot, Eugene. Hi, everyone. For those of you who don’t know me, my name is Mihai. I’m a researcher at Taraxa, and I'm also the project manager for the Taraxa network. Yeah, thanks a lot for the update, Eugene. I'll continue a bit with this basically the development part, and for those of you who are not aware, we have two main aspects of our development. The mainnet is currently up and running. It has been since March this year, and there are certain applications that are currently being developed. However, there is no functionality deployed on mainnet as of now. There are multiple ways for you to get involved with projects on Taraxa. So we have our Hackathon that we launched last year, and we have the grant program. By the way, bridge is on time. Hackathon's going great. We're moving to the judging phase. Aspen was activated last month. Everything going smoothly. It also caps the overall tariff supply to 12 billion, and it made staking yields a lot more fair. And please be on the lookout for Echo, our decentralized infrastructure for AI agents. So you're going to be hearing a lot more of that coming, all right? So thank you very much. And in the future, every second Tuesday of each month, we're going to be doing these verbal updates through spaces and submit your questions ahead of time so that we can get it covered. Thank you very much for listening on this April development update for Taraxa. Bye.