SourceLess AMA event – Summary

Daniel Drăgoescu
February 17, 2022
SourceLess AMA event – Summary

The event took place on February 16, 2022 at 18:00 UTC
on the Telegram host channel of the event, Crypto Wolf

This is a follow up and a summary of the questions and answers of the event.

Q1. Could you please introduce yourself and SourceLess in details?

Alexandru Stratulat: Sourcelss it’s an hybrid (private and public) blockchain based ecosystem. Our Blockchain it’s based on zero knowledge snark technology, having the most important feature, 1mb (max) quantity required for a full validation node, and we are developing ARES, our own native programmibg language (similar but more complex then solidity). We have 3 major points: wnft ( DLT and the blockchain itself.

Alexandru Stratulat: For all ecosystem we obtained a USA provisional patent in january 2022, and we will also be 20022 ISO compliant.

Alexandru Stratulat: Those are the major features of Sourceless ecosystem, with builded on features such as our web3 dedicated browser, here Daniel can make a short description.

Daniel Barbu: The browser will be a gateway access for the Sourceless ecosystem, connecting all

Iulian Bondari: SourceLess is a revolutionary technology that uses Distributed Ledger, Peer-to-Peer connections and Str.domain as the account identifier, to connect every human and every existing Blockchain, in a Web3 platform, creating the first World Wide Blockchain under Sourceless Platform.

Alexandru Stratulat: Here you can find our latest technology Whitepaper v1.3.1

Alexandru Stratulat: We got a Provisional Software Patent No.US63/294,483.
Licence Granted: 05 January 2022

Q2. What’s the motivation for starting SourceLess project?

Alexandru Stratulat: The better of all of us, the next technology step in it, for sure is blockchain, and the benefits should be for the community itself. Since the start of the web as we know it, there are a few large points that are touched by real innovation. Iulian will tell our partnership done untill now, and that will reflect all what we do!

Iulian Bondari: I’ll start with a famous quote: “We must recognize internet access as a basic right, and we must work to make sure all young people can connect to a web that gives them the power to shape their world.”— Tim Berners-Lee

Iulian Bondari: Last year, we at Sourceless Blockchain started a collaboration with the IOHR. International Organization of Human Rights is an international non-profit organization, which promotes and defends the rights and fundamental freedoms under the Universal Declaration of Human Rights. In fact, the 30 articles on which the Universal Declaration of Human Rights is based are inscribed in the source code of the Sourceless Blockchain.

Iulian Bondari: We want these moral laws, these articles of the declaration, to be a new start for the new web, where we can be safe from all points of view, especially when it comes to rights. We would really like to add more articles to these fundamental human rights laws, to adapt them to the online area.

Iulian Bondari: We also have open discussions with The Venus Project, a project where I have been involved for many years. The Venus Project, it is a non-profit organization that presents a new socio-economic model utilizing science and technology toward social betterment to achieve a sustainable civilization of abundance for all.

Iulian Bondari: It is a sensitive topic to address, especially when it comes to a resource-based system, like TVP, where the monetary system is an interference. But we must understand that any change has to do with a transition, so we must adapt to carry on what we want to accomplish…

Iulian Bondari: Sourceless Blockchain comes with a complete system. We are not just a simple crypto token, used for transactions. We need to understand the usefulness of the components, one at a time, without haste, in order to understand the complete system we are developing. And I think Alex and Daniel could answer here in a slightly more technical way.

Q3: Could you share a bit about security and also what benefits you to incentives user’s choosing your platform?

Alexandru Stratulat: We, at Sourceless, we try to create a bullet proof ecosystem, by not fighting with any kind of malware, we are designing the ecosystem to validate any of the malware that are possible, to be rejected, by the blockchain itself trough our wnft, that will act as a security certificate.

Alexandru Stratulat: We think that a new browser, as a guardian, the blockchain itself, will bring us more than military grade protection for any user, and for all of that, we think that any user want to be protected, be safe, in the online environment for any kind of attacks, malware, fake identities, identity thefts, ransomware and also a certified access in all of online world!

Iulian Bondari: Security using Sourceless Platform By fully integrating companies into the platform, Sourceless solves all current cyber security problems, covering the entire area, such as: Application Security, Cloud Security, Data Security, Identity Access Management, Infrastructure Protection, Integrated Risk Management, Network Security Equipment, Other Information Security Software, Security Services, Consumer Security Software etc. We have more details in a case study from our whitepaper.

Alexandru Stratulat: For all those reasons, individuals and companies have a lot of reasons to try our ecosystem.

04: What are the Future Roadmap & Targets of your project?

Alexandru Stratulat: Thanks, and we have a close public presentation of our technology, to have an alpha version of the browser in march 202 , and go live with the blockchain.

Alexandru Stratulat:Also in Q2-Q3 we will migrate from token (BSC) to our native cryptocurrency, Sourceless, and get into beta testing with public access.

Alexandru Stratulat:In march we will have an pre IDO (1st of March) that will be held only for 1 day, and also in same month we will announce the 7 CEX’s with whom we signed (from top 50).

Alexandru Stratulat:In Q2 we will also announce our new partners, from large corporation and football teams (other sports also) and even some financial institutions, with whom we are negociating as we discuss.

Q5. What is the role of the token in your ecosystem? Could you tell us a bit about the tokenomics of your project?

Alexandru Stratulat: Yes of course, and we are glad that you asked us, about it!

Alexandru Stratulat: Sourceless (as token-near future as cryptocurrency) has the most important role, thats the real utility, as governance, and also as a fuel for the BNS (Blockchain Name Services), in wich each str.domain will have a lifetime blocked quantity of STR tokens, for personal will be around 1000 STR, for business around 10 000 STR, that will change in time, and will reflect the whole quantity of 42 billion tokens that will be locked inside, only for domain registration, that means around 66.6% from the entire quantity.

Alexandru Stratulat: Also liquidity pools will be provide slightly different than other projects, since we don t have taxes, as every user will have 1 node (1mb) inside his wallet, that will act as a validator, there are zero fee’s necesary.

Alexandru Stratulat: The liquidity pools will be created on our web, as categories and subcategories, and will have, lifetime blocked some liquidity pools, for category there will be a minimum of 100 eth and 10 000 000 STR, and for subcategories will be around 50 ETH and 5 mil STR (minimum), categories are around 40, subcategories will be around 270. All of that will create an one of a kind liquidity in the entire crypto, and will provide an true – community oriented DAO.

Iulian Bondari: Sourceless-STR is a deflationary cryptocurrency, as it decreases market supply as time passes. This factor implies that users or the project team will participate in activities that reduce the supply of the coin on the blockchain. The way Sourceless Blockchain is going to do this is by locking in the coins (smart contract) with which the STR domains of the Sourceless platform are purchased. The uniqueness of a Str.Domain will confer maximum value to any domain, with the potential to grow any business by adding real value.

Click HERE to read and find out more about SourceLess.