Particl x SatoshiClub AMA from 3 July

Knowledge is the treasure of a wise man – once said anonymous. And SatoshiClub does not stop searching for these treasures of knowledge. Today we would like to tell you about the AMA session with our friends from Particl. The AMA took place on July 3 and our guests were Cryptoguard (communications) and Quentin // ffmad (admin).
The Total Reward pool was 2000 PART ~1300$ and has been splitted in 3 parts. Also, this time we had a Special Campaign with a prize pool 500 PART(~370$). There were 29 people who have successfully done the Particl Special contest, and 18.52 PART were distributed to each participant.
In this AMA Recap we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&Bitcointalk community

Serg: Hello! Today we will have an AMA with Particl. Welcome! We are glad to have you as guests 😉 @ffmad @Cryptoguard

Cryptoguard: Hey, thanks to you and the Satoshi Club community for having us.

Irina Kravchuk: Hi everyone, nice to meet you and thanks for joining us 😊 In the first part we have questions from our community collected on our website and BTT, but before we start with those Please tell us a bit about yourself. How did you come to be involved in Particl?

Cryptoguard: Sure. I am Cryptoguard, part of the Particl team for a little over 2 years now. I’ve started as a community member but soon realized the importance of privacy in eCommerce which is what Particl is focused on. So I’ve started getting more involved with the project on my free time and eventually got proposed to join the team as Community Manager. Now my role has evolved a bit since that time and I am more involved with the communications of the project rather than just being focused on the community, so now I juggle with a bunch of stuff at the same time which really makes it exciting every day!

Irina Kravchuk: Nice. Thanks for sharing. What about @ffmad?

Quentin // ffmad: Hi :wave: I’m ffmad, I’m admin in the Particl Community and involved in the development of demarkets.io, a web explorer for Particl Marketplace. I was involved in ShadowCash since 2014, and a team member for this coin until it was swapped for Particl in 2017. Since 2017, I continued to follow and help Particl, but as a community member.

Serg: Thank you for this introduction 🙂 where is the team based? The majority of the members

Cryptoguard: We embody decentralization to its truest sense. We have team members all over the world including the US, Canada, Europe, South Africa, the Philippines, and etc. This keeps things interesting for sure, especially with timezones being so far apart, but we manage. We have no central office or main location, although we are supported by the Particl Foundation which is a non-profit Foundation located in Zug, Switzerland.

Serg: And the foundation have donations? Where are the funds for the operation coming from?

Cryptoguard: Yes, the Foundation has been funded through a community donation round that happened at the same time as the coin swap we did in early 2017. SDC holders were offered the possibility to swap their SDC for PART at a 1:1 ratio, but could get a PART bonus in exchange for a Bitcoin donation. So in that sense, we’re proud to say that the Foundation is 100% community backed!\

Irina Kravchuk: Could you share how big is the team?

Cryptoguard: We are about 10 full-time members in Particl, with some part-time members and a lot of awesome and dedicated community contributors (such as FFmad) 🙂

Q1 from Telgram user @jmalton

I was trying to participate in the special event but there were a lot of steps and too much time to fulfill the requirement. Can you explain why you need so much time to perform a simple task? Like to buy smth in the market?

Quentin // ffmad: There was a “lot of steps” because it needed to setup the marketplace first, which is currently beta (v3 will be way simpler).
To explain the steps:

  • you first need to install the Particl Desktop which is a full node. It means that you need to download the full blockchain history (3 years) which can take some time. This is probably what was the longest step.
  • then you need to create a new “market” wallet. This step is needed because of the beta version (to avoid loss of funds on principal wallet)
  • after this you can simply buy the ticket on the market. This can be really fast if the 2 (sellers and buyers) are online at the same time.
    To note: currently the trustless anon escrow isn’t optional, because we have no way to assure that the sellers or buyers can be trusted.

Irina Kravchuk: how many steps will v3 version have?

Quentin // ffmad: v3 version will have market enabled by default, so there won’t be any steps to access it

Q2 from Telgram user @reidman_rosa

Why do you think we need such a private marketplace? Usually people don’t have anything to hide unless it is something illegal

Cryptoguard: That’s a question I could go on and on about with various examples from our daily lives.
“Arguing that you don’t care about the right to privacy because you have nothing to hide is no different than saying you don’t care about free speech because you have nothing to say.” – Snowden
This is an important quote from one of the leading privacy advocate of our times that is at the core of our beliefs at Particl. The need for privacy in eCommerce is not necessarily because you have something to hide, but more because it is a human right. Privacy also brings a lot of benefits to everyone, such as a added security and protection against personal information leaks (which, by now, is general knowledge that it is a problem with most online services). It can also protect your business, specifically product inventors who are now afraid to invent products and bring them to markets (due to the fact that they get copied by marketplace operators and put out of business before they can even break even on their investment). It can also protect you from these awkwardly accurate targeted ads that you get just by browsing the web.
Then, you also have more personal reasons to remain private when shopping (or selling) online, such as a 18+ adult items. Some people may not want to have order history related to that kind of stuff plastered all over their credit card bill or marketplace history. Other industries that benefit a lot from privacy is, for example, the art industry, which is typically more on the private side, especially when it involves high-priced art pieces.
There are many reasons why you would want online privacy, and we believe that having this option should always be possible for everyone that wants it. It’s a human right, and that’s why we are taking part in this humble fight that is online privacy!

Serg: I think this answer is very important

Cryptoguard: Oh, and let’s not forget about this awkward story from Target: https://www.forbes.com/sites/kashmirhill/2012/02/16/how-target-figured-out-a-teen-girl-was-pregnant-before-her-father-did/#392d55576668

Irina Kravchuk: Is this real? I’ve heard it many times

Quentin // ffmad: Amazon can now more about you than other GAFA

Irina Kravchuk: But seems like a good story 😊

Serg: In Interesting times we live

Cryptoguard: I always found that particular story a good representation of the risks of data mining even though you are acting perfectly normal

Irina Kravchuk: What’s gafa?

Quentin // ffmad: Apple, or even Facebook. It’s a no brainer Facebook added a marketplace in the last years. It was the last link to know you fully

Q3 from Telgram user @vnmb788

What are the major milestones you have achieved so far?

Cryptoguard: Particl has always been a project focused on development first and foremost, so that’s where our biggest milestones lie. Our biggest milestones, roughly in chronological order, would be to have been one of the first (if not the first) to launch as a pure PoS blockchain with no pre-mine, insta mine, or anything. Of course, that’s thanks to the previous chain SDC which we did a swap from. Then, we also had the first Confidential Transactions (CT) privacy protocol launched on top of the Bitcoin codebase. This allows amounts sent in transactions to be hidden. We’ve also launched in this same year (2017) cold staking, which allows you to stake coins even though your wallet is offline. This provides stakers with a tremendous amount of security and doesnt’ require you to enter your wallet password (and thus store it in memory…never forget “Heartbleed”). We later also released cold staking pools to increase accessibility to cold staking for less technical users and smaller holders. Then we had the release of atomic swaps, in 2017. After that, we released the first ever RingCT and Bulletproofs protocols based on the Bitcoin protocol (as opposed to Cryptonote), which is what powers all the privacy behind the marketplace. And then, of course, our biggest milestone of all, Particl’s decentralized and private marketplace!

  • Pure PoS launch
  • Cold staking and cold staking pools
  • Atomic swaps
  • CT, RingCT and Bulletproofs all on the Bitcoin codebase
  • And of course, the Particl Marketplace!
    Next major milestone: Particl V3 in just a few weeks 😉

Serg: We are eager to see it

Irina Kravchuk: If it makes the whole process easier, might be a big improvement

Cryptoguard: And we are very eager to show it, our devs have spent countless hours working on this and this will significantly change the game by making things more user-friendly and smoother.

Q4 from Telgram user @Lorax14

What measures are you taking to ensure the confidentiaIity of the data of the users? How vulnerable are your technologies to cyber attacks and hacking of user’s data?


Cryptoguard: So Particl’s marketplace has a multi-angle approach to keeping your personal information private.
The most obvious technique used to preserve confidentiality is by making the currency transactions private on the blockchain. What this means is that, thanks to a combination of CT + RingCT, any marketplace transaction hides the amounts sent, the receiver, and sender of that payment. But that’s just one aspect of how the marketplace preserves your privacy.
The marketplace also completely hides any metadata about you, whether that be geo tags from a listing picture or your IP address when publishing a listing, all of that is hidden by default and cannot be collected by any third-party.
Then you also have privacy at the escrow level. Typically, on an online marketplace, you would have staff overlooking a transaction so that they can intervene should there be an issue (a resolution center, like on Paypal for example). That’s a mediated, centralized approach to issue resolution. On Particl, we instead use a two-party escrow system based on the MAD game-theory. Both participants essentially need to put a security deposit into an escrow smart-contract and they get refunded once the transaction is completed. I believe we might touch on the escrow a bit later as we’ve seen a lot of questions asked about it, but in essence, there is no single third-party that can read conversations, check account/order history, or even the tracking number. It’s just you and the person you’re transacting with.
And then, you can of course hide your IP address using Tor, that is if you want to go an extra step and not even show to your ISP that you are connecting to the Particl network.
If I can summarize this in a more simple sentence, I’d say the key to your confidentiality on Particl is that there is no traceable data about you being generated, or collected, in the first place.


Serg: Do you get a fee for the completed transactions?

Cryptoguard: There is no fee for using the escrow, and no sales commission/fee. The only fee collected by the Particl network is a small listing fee to prevent spam listings. But the awesome thing about it is that 100% of these fees are redistributed to stakers as a reward for securing the network. It makes the Particl economy go around!

Irina Kravchuk: How big is this amount that people should place into escrow?

Cryptoguard: At the moment, it is equal to 100% of the value of the item or service being purchased. This is what provides for the best “MAD odds”, which just means it is the optimal security deposit to reduce scams to the minimum. As part of our roadmap, we do have upgrades planned for the escrow system such as negociations of the terms, variable security deposits, or even an opt-out option. But at this moment, both participants need to put 100% of the value of the transaction.

Q5 from Bitcointalk user jhonathanch

About Particl Marketplace! What kind of products can be sold on the platform? How do the percentages per sale of each product on the platform work, does the seller get 100% of the profit per sale? Thank you!

Cryptoguard: Well, Particl is a two-sided marketplace, meaning anyone can be a buyer or vendor. It’s also a restriction free marketplace which means you can basically sell anything you want (as long as it doesn’t get voted out by the community through the decentralized moderation system). Since we launched, we’ve seen a bunch of interesting items such as art, old casascius physical bitcoin, COVID-related items (that were banned on other marketplaces, for example, N95 masks or even just hand sanitizers), gift cards, CBD products, nootropics, and etc. It’s really up to the Particl community to decide what’s for sale and what isn’t.

Quentin // ffmad: As it was said before, there is no fees of any kind on the sales, so user get 100% of the profit

Cryptoguard: Sales on Particl are free, as in, there is no commission taken from your sales. That means that, as a vendor, you make 100% of your proceeds. That’s a significant improvement, even considering the potential volatility of the PART coin, as most online marketplaces typically charge between 3.5% and 50% even (and that’s not even counting transaction settlement fees which are usually separate (i.e. Paypal fee). As I mentioned earlier, all fees are redistributed to the community of stakers. It’s truly a community project and everyone can become an “owner” of a small part of PART 🙂

Quentin // ffmad: Only fees are for anti-spamming: listings now, and in next versions: advertising and listing public marketplaces

Cryptoguard: Yep, promotion fees are coming in Particl V3.0 as you’ll be able to promote your market or shop to the rest of the network. Fees will go to stakers again!

Serg: How many votes are needed?

Quentin // ffmad: It depends on a limit/threshold set by default on the parameters of the marketplace. Currently it’s around 9500 PART to vote out a listing. But if a user want to avoid this, he could change the threshold himself in his parameters. So the level of moderation on a user marketplace depends on the user wish.

Q6 from Bitcointalk user nimelo

What are the benefits of using Particl over Open Bazaar?

Quentin // ffmad: OpenBazaar is the ‘grandpa’ of open / decentralized marketplaces.
One of the main difference is about the payment. OB use coins like Bitcoin to make a transaction on its marketplace, which means you could trace what people are buying on OB, Particl has its own blockchain with an anon cryptocurrency, which means private payment and no possibility to retrace anything on payments.
One of the downside of OB is the ‘old fashion’ use of human escrow for sensitive transaction, while Particl use a trustless escrow with a smart contract
An other big advantage is what CG said before about the complete privacy of the marketplace data.
Particl use SMSG, or Secure messaging, which is a decentralize network of encrypted messaging

Serg: So, shortly, Particl has brought it to a new level. Was this all or you want to add something else before we open the chat?

Cryptoguard: One thing I’d like to add, which is one of my favorite thing about Particl, is also the fee redistribution to stakers. This creates the potential for some very serious network effect and can help a lot motivate the community to spread the word as they earn PART. Yes, listing fees are actually quite small, but with many listings it adds up and can create a very positive feedback loop.


Quentin // ffmad: Also I would say that there is a lot of new decentralized marketplaces, but Particl still has a quite unique position among those.
Origin Network for example is simpler, running on Ethereum, and kinda “shopify on blockchain”, but it lacks the privacy features.

Cryptoguard: And also to mention, we have deep respect for the guys over at OpenBazaar who paved the way and pioneered decentralized marketplaces. We are working on different approaches to decentralized marketplaces, but share our thoughts on just how much we as a society need these censorship-resistant marketplaces. I think that’ll become more obvious as time goes by!

Quentin // ffmad: Oh, another interesting thing to mention about OB and Particl

On the last report by Chainalysis about the new “decentralized marketplace” (that could be used for gray markets), they mentioned OpenBazaar and Particl
Which show that these two were considered by experts as the most interesting solutions
(for decentralized markets)

Part 2 — live questions from the Telegram community

Serg: 900 questions or so 🙂

Q1 from Telgram user @CryptoCoin_hodler

Could you explain what are the Minimum Requirements for staking $PART coins? Also, which For Cold Staking which hardware wallets are compatible?

Cryptoguard: There is barely no minimum requirement to start staking on Particl. There are multiple ways you can do it.
1- Regular staking, then all you need to do is keep your wallet online and “unlocked for staking only”. The only requirement here is that you keep your computer online.
2- Cold staking, which lets you close your computer and still stake funds. Here, the requirement is that you set up a cold staking node of your own (which can be on a VPS or a Raspberry Pi, or any internet-connected device for that matter).
3- hardware cold staking, which is similar to cold staking but done with funds stored on a Ledger or Trezor device.
4- Cold staking pool, that one is if you don’t want to mess around with a cold staking node but still want the benefits of cold staking. You can just “connect” your wallet to a staking pool and earn rewards. It’s the easiest way to stake, but cold staking pools will charge you a small fee.

As for the number of PART you need, you only need any amount superior to 0 PART, meaning no minimum :sweat_smile:. The reason behind this is that we wanted every marketplace user to become stakers so that they could benefit from the redistributed fees and secure the network at the same time.
Note that it is also possible to cold stake on a mobile device (i.e. with Particl Copay) and even use multi-signature wallets (again with Copay) for added security. You can go really crazy with Particl staking and still keep all that security 🙂

Q2 from Telgram user @Sephad

Many people are scared of using online marketplaces because of fake, counterfeit and sub-quality products. How can PARTICL solve this problem?

Cryptoguard: This is very true, there is a lot of counterfeit online. Our secret weapon against this type of misbehavior is the use of the escrow system. Basically, when selling something on Particl, you need to put a security deposit equal to 100% of the value of the item you’re selling. The buyer is going to match that security deposit. Both deposits only get refunded when both users agree that the transaction was honest and completed.
That means that you could have your security deposit held against you if you misbehave, which results in a net financial loss until any issue is resolved and agreed by both parties.
So, as a scammer, would you risk losing money trying to scam people on Particl, or would you rather take a chance with a more forgiving eCommerce platform? Typically, when a user is willing to enter this kind of escrow for a transaction, it’s already a good indicator that they are going to be legit. And if they are not, then you, as a buyer, have leverage over than vendor.
Keep in mind that we do plan on adding a reputation system at some points with reviews. That’ll come later on during the roadmap, and for the moment, there is a Questions & Answers section for each listing which can help people warn each others and leave comments in case some bad actor tries to scam people.

Q3 from Telgram user @Strdean

Particl working on making transection untraceable. Ghost project also doing the same things. So my question is, which features of Particl will keep forward in competition?

Quentin // ffmad: Ghost is doing that same thing because it is, literally, a copy. You can look at the whitepaper where Particl is heavily mentioned, and the github where most of the development was to replace ‘Particl’ mentions by ‘Ghost’.
The main feature of Particl is the marketplace, and it is something that will be hard to copy, not only because the Particl Desktop is closed source, but also because the technological features aren’t easy to develop.

Particl will keep forward in competition because of its developers, which are part of the project since years, and have a clear view of what they want to create.

Q4 from Telgram user @Washincha

Can you please explain the Cold staking system more describely? How it’s different from traditional staking system? How can we say that it’s best choice for PARTICL?

Cryptoguard: Typically, when you’re staking, you need to keep your computer online so that it can help secure the network. That’s how and why you get the rewards. With cold staking, you can delegate your staking power to a node to contains 0 coin, but can collect rewards on behalf of your wallet which contains coins. And because your staking power is delegated, you can then shut off your wallet and disconnect it from the internet entirely.
This provides a lot of security for stakers and also makes things much more simple. In the event that your cold staking node gets hacked, nothing will really happen as that node really contains 0 PART. The other big security benefit is that you don’t need to keep a wallet unlocked because that stores passwords in memory. And as we’ve seen with the Heartbleed exploit a year or so ago, that can be very dangerous.
Finally, cold staking allows you to stake from pretty much any internet connected device such as a phone or hardware wallet. Since that device will not actually be staking, it can be taken offline and it won’t cost resources (i.e. battery and data on a phone).

Q5 from Telgram user @JoanaZ

Considering its intrinsic nature with BTC elements ( security and fiability), the particl can interact with LIGHTING NETWORK?

Quentin // ffmad: Particl did not wanted to reinvent the wheel and chose to be based on Bitcoin codebase because it is simply the best: the most reviewed, the most secure, and also, one with a lot of interesting features.
One of these being Lightning Network. This could be a very interesting way to scale Particl Marketplace if it grows exponentially, and scalability problems appear in the future.
It has to be noted that Particl already did some tests with Lightning Network: https://particl.news/particl-lightning-network-now-available-on-testnet-eb87a5ab65cd.

Q6 from Telgram user @carlos3766

“Particl allows users of all cryptocurrencies to participate and use its network”. Could you explain a little how this works?


Cryptoguard: Absolutely and good question considering the timing. We’re in fact adding Zcoin and DAI to Particl Desktop in the coming days and will be adding a bunch more coins once Particl V3 comes out in a few weeks!
When you use another coin on Particl, you can do it in two different ways: either swap that coin for PART using the in-app swap engine. You’ll end up with PART that you can then use to buy anything on the marketplace. You can also do it as part of the check out process when buying something on the marketplace. Doing it this way will still rely on the in-app swap engine, but it’s a bit more integrated into the process of completing a sale.

Now how these swaps are done, there are two ways.
The first one, which is how we’re doing it right now, is through third-party integrations (swap exchanges such as SimpleSwap/StealthEx). The second way to do it, which is more secure and more decentralized, is through atomic swaps which have been live on mainnet since 2017. However, due to the current low liquidity in the crypto space on the atomic swap side of things, the third-party integration is more appealing for the user at the moment. That isn’t to say atomic swaps will grow in the future, we absolutely believe it will. We are still not 100% ready with an atomic swap style of DEX but that is on the roadmap.
Here is our announcement on the subject from just a few days ago: https://particl.news/new-coins-coming-up-on-particl-21f344532e90

Q7 from Telgram user @Nickkiii

Will there be an option in the Marketplace, where as a storefront creator, I can give an access key to a trusted party which will allow them to post their own products in my storefront?

Cryptoguard: Absolutely, this is the purpose of storefronts. So with Particl V3.0, we’re introducing two concepts: user-created markets and storefronts. Markets are, well, open markets where everyone with access to it can post listings and sell what they want. Markets can be found and joined by browsing the Market Browser on the marketplace.
Storefronts, on the other hand, are more like vendor shops. Only the creator, and the people he chooses, can publish listings. If you don’t have a special administrator key given to you by the creator and you only joined the market with the regular access ID, you’ll be able to buy anything on the storefront but not post your listings. Think of it like a vendor shop with employees having a special access to post listings.
Then, going into the future, we also want to add more permissions to keys so that the owner can create access/management tiers. Keep in mind this is not for any time soon, but it’s an idea we’ve been entertaining in the background.

Q8 from Telgram user @Temidayo16

I realized that Copay and Flare mobile wallets don’t have Particl marketplace integrated, it is the reason why a good number of us couldn’t complete the Satoshi Club Special Campaign Task, is there any plan to release an update as to this or another mobile wallet with Particl marketplace integrated?

Quentin // ffmad: Mobile marketplace is something really necessary in todays world, where most of the internet browsing is done on mobile devices.
Particl team understand that very well, and this is one of the main aim after the release of the v3, which is coming this summer.
It has to be noted that a mobile marketplace isn’t an easy thing to develop: to use the marketplace you need both the privacy of the blockchain and the SMSG network. A mobile won’t get a full blockchain, and might not accept a full SMSG node either. So developers are working on ‘light’ versions for these features (looking at new works like Neutrino: https://bitcoinmagazine.com/articles/neutrino-privacy-preserving-light-wallet-protocol), so that a mobile app can be made a reality as soon as possible.

Q9 from Telgram user @Jhonathanch

What are the uses of $PART coin currently? Can it be used to buy on the Particl Marketplace? What role does it play in the ecosystem? Thank you!

Cryptoguard: PART is at the very center of the Particl ecosystem. It is many things at once:
1- It is the native currency of the Particl marketplace. All transactions, even those initiated with other cryptocurrencies, need to be settled in PART. That’s how the marketplace is able to provide most of its privacy capabilities and that’s how transactions can interact with the escrow smart-contract.
2- It is a voting ticket. You can create and vote on Community Proposals using your “coin weight”, in other words, the number of PART coins you own.
3- It is moderation power. You can use your “coin weight” again to vote on listings to be taken off the marketplace if you judge that they shouldn’t be there in the first place. The system works the same way as Reddit’s upvote/downvote system, except that Reddit counts votes on a 1 user = 1 vote and Particl does it on a 1 coin = 1 vote basis (since that’s the only way we can make sure no one games the system).
4- It is a passive income generator. With staking/cold staking, you can earn a steady stream of PART income thanks to the staking rewards and the fees (listing, promotion) generated on the marketplace. Typically, the more people use the marketplace and Particl in general, the bigger the staking rewards get, so it really creates an interesting dynamic where stakers are directly rewarded for talking about and bringing more people to Particl.
5- And of course, a privacy coin. PART uses RingCT, CT, and stealth addresses to hide the transacting amounts and parties. So you can use PART as a privacy coin that has more or less the same privacy tech as Monero, but on the more flexible and battle-tested Bitcoin codebase. It’s like getting your cake and eating it at the same time, best of both Bitcoin’s and Monero’s worlds 🙂

Q10 from Telgram user @BJosefina61

“Particl’s Open Marketplace does not charge you any fee for buying goods and services”. Where does Particl get dividends then? What is your way of financing this technology?

Cryptoguard: The Particl team doesn’t generate any profit from the marketplace, it is truly a free (as in freedom), independent, open-source, and decentralized protocol just like the internet is. Sure, some companies do earn a lot of money on the internet, but there is no central company that “runs” the internet and scoops profits off of that, although I am sure that can make for some deeper debates 😉
As for the financing part of your question, the Particl Foundation is what manages the funds that makes this project go around. I cannot go into too much details as I am not personally part of the Foundation, but I can tell you that there is a “treasury reward” of 10% of all the staking rewards that go to the Particl Foundation. That means 10% of the staking rewards go to the Foundation and these funds are used to keep the project going.
Additionally, the Particl Foundation also stakes its funds which provides it with an additional source of income.
The Particl Foundation has a good number of PART set aside to fund the project, with most of them probably being reserved for a second fund raising.
My personal opinion on the subject is that with V3, Particl is becoming mature enough so that we start seeing more people trying to build businesses on top of Particl. Not only will that grow the network and add services, but it’ll also decentralize the network further, which is always good. Similarly to how the internet is supported by an almost infinite number of businesses and services, I believe this is the way Particl will end up going, especially as we plan on releasing a developer SDK later on to make the process of building on Particl even easier than it is right now!

Quentin // ffmad: Reddit thread if you want to ask more questions https://www.reddit.com/r/Particl/comments/hkn8td/satoshiclub_x_particl_ama/

Serg: Thank you guys! It was a great AMArathon

Cryptoguard: Definitely, thanks to you guys for hosting it and especially to all the Satoshi Club community members who’ve asked…close to 900 questions. Mind blowing, in a very good way 😀

Part 3 – Quiz Results

In the final part we would like you to check your knowledge in terms of Particl. They’ve prepared 4 questions for this part, so everyone could be a part and answer. All the correct answers you will find at the bottom of this Recap. Enjoy!

Q1

What is Particl Blockchain based on?
1/ Ethereum ERC20
2/ An original anonymous blockchain
3/ Bitcoin
4/ Ghost

Q2

On which core technology, SMSG (secure messaging) the messaging network used by Marketplace is based?
1/ Blockchain
2/ Bitmessage
3/ IPFS
4/ Signal Messaging

Q3

What Particl project -doesn’t- aim to do?
1/ Create unstoppable marketplaces
2/ Improve and replace Bitcoin
3/ Enable decentralized privacy apps
4/ Exchange physical goods in full privacy

Q4

What can’t you do today with Particl Marketplace? (soon available on v3)
1/ Manage identities
2/ Use it over Tor network
3/ Create a private marketplace
4/ Buy with trustless anon escrow

Answers:

1.3
2.
2
3.
2
4.
1

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