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Frequently Asked Question
Q 1. Where is the company registered?
Pandolab Pte. Ltd. is registered in Singapore. Our registration number is 202122263Z.
Q 2. What is Mainnet 2.0?
Mainnet 2.0 is an upgraded version of Pando Mainnet 1.0.
Q 3. What is the difference between Mainnet 1.0 and 2.0?
a) On Mainnet 2.0, the PoN rewards from Rametron staking will be coming directly from the chain (on-chain protocol)
b) Mainnet 2.0 will support Smart Contracts and NFT tokens
c) As we develop our own RPC in Mainnet 2.0, it will allow cross chain wallet integration
d) Mainnet 2.0 allows us to expand the Pando Network Architecture, with newer versions of Rametrons.
e) Mainnet 2.0 offers Pando Blockchain Infrastructure as a Service for Video and Data Storage, Streaming, Transcoding, Decentralized Artificial Intelligence, Internet of Things, Security, Livestreaming, File Sharing and Editing.
f) Mainnet 2.0 offers enhanced security
g) Mainnet 2.0 is more value-centric
Q 4. When will Mainnet 2.0 go live?
The Mainnet 2.0 will be launched on the 8th of December 2022 at the World Blockchain Summit in Bangkok, Thailand.
Q 5. What is the goal of the Mainnet 2.0?
Mainnet 2.0 will focus on the Community's contributions towards the Pando Network and will prevent manipulation by users on the platform. The Mainnet 2.0 will focus on building better technologies for the Pando Ecosystem.
Q 6. How can a user migrate from Mainnet 1.0 to Mainnet 2.0?
The Zytatron and Metatron Node structure and protocol will be unaffected by the migration or development from Mainnet 1.0 to Mainnet 2.0, thus, Zytatron and Metatron Node Holders will not need to update or change anything.
As for the Rametron Nodes in Mainnet 1.0:
1) All of the Rametron stakes will be unlocked for the Rametron Node Holders to migrate their assets to a new Pando Wallet in Mainnet 2.0.
2) The Rametron Node Holder must stake PTX to their new Rametron of choice, in the new wallet that has been created in Mainnet 2.0.
We will release the Migration Guide to the community. Q 7. What are the few things we have to take note of as we move from Mainnet 1.0 to Mainnet 2.0?
In Mainnet 1.0, the Zytatron and Metatron Nodes were On-Chain Nodes, only the Rametrons were Off-Chain. In Mainnet 2.0, the Rametron is On-Chain and has four new versions fit for different types of people with different lifestyles, resources and devices. There is the Rametron Mobile, Rametron Lite, Rametron Pro and Rametron Enterprise. The Rametron Mobile needs a minimum stake of 250 PTX, The Rametron Lite needs a minimum stake of 1,000 PTX, The Rametron Pro needs a minimum stake of 10,000 PTX while the Rametron Enterprise needs a minimum stake of 35,000 PTX and a booking fee of USD 5,000. The Zytatron Node requires a minimum stake of 10,000,000 PTX and the verification of eligibility by the Pandolab Management Team while the Metatron Node requires the minimum stake of 10,000 PTX.
Community-members with multiple types of Rametron Nodes can now manage it all by using the All-New Rametron Management System, designed to assist and provide an overview to all of its users. The Rametron Management System equips its user with tools to manage each of their Rametron Nodes, Monitor the multiple streams of crypto earning, overview each Rametron’s performance in the Network and more.
Besides the Nodes, the Mainnet 2.0 introduces two new protocols to the Pando Blockchain, PNC20 for the PTX and PNC721 for NFTs. There will also be a brand new NFT Platform and a crypto-based, blockchain-powered and community-driven E-Commerce platform that utilizes the PTX and USDT as a form of transaction for Sellers and Buyers.
In the Mainnet 2.0, the PandoProject’s Blockchain Infrastructure is also being utilized as an easy, affordable and efficient service for Apps, Websites, Platforms, Systems, Businesses and Industries to eliminate centralized infrastructure costs and decentralize video and data storing, transcoding, streaming, security, AI, IoT, Livestreaming, File Sharing and Editing. This upgrade allows Developers to develop or migrate Apps, Websites and Platforms to the PandoProject’s Blockchain Infrastructure to enjoy the benefits of it’s Plug-and-Play Blockchain.
The Mainnet 2.0 also introduces a value-centric Ecosystem for the PandoProject’s token, the PTX. Elevating the entire Ecosystem towards utilizing, adopting, scaling and empowering the cryptocurrency throughout this upgrade and future development. In this upgrade, the PandoProject introduces an All-New Rametron Interface, PandoProject Website, Pando DApps, Pando Wallet, Pando Explorer, Rametron Management System, an NFT Platform and more. The PTX will also be supported by Metamask, Atom, Trust Wallet and WalletConnect.
Once the Mainnet 2.0’s potential has been fulfilled the Pandolab Management Team plans to introduce and further elevate the PandoProject into the Mainnet 3.0. Q 8. What is the difference in transaction fee for Mainnet 1.0 and Mainnet 2.0?
Mainnet 1.0 charges 0.01 PTX per PTX for each transaction while in Mainnet 2.0, it only costs 0.1 PTX per transaction. P/S: In conjunction to the launch of Mainnet 2.0, the PandoProject’s transaction fee will only be 0.03 PTX per transaction throughout the Migration Period to encourage the community to migrate their assets from their previous Pando Wallet created in Mainnet 1.0 to a new Pando Wallet in Mainnet 2.0 that has enhanced security and opportunity.
Q 9. What is the PandoProject?
The PandoProject is a community-driven, crypto-based, blockchain powered video and data streaming platform that serves its Blockchain Infrastructure as a Service for Apps, Platforms, Systems and Industries. The PandoProject consists of two main components which are the Pando Network and the Pando DApps.
The Pando Network is the network that enables our technology to be decentralized as it runs on our Pando Blockchain Protocol which consists of our three Decentralized Nodes: Zytatron, Metatron and Rametron. Zytatron and Metatron acts as our On-Chain governance node whereas Rametron is our On-Chain relay node which acts as the decentralized streaming network.
Then, our Pando DApps includes platforms that dive into Livestreaming, Decentralized Messaging, Virtual Live concerts with NFT Ticketing, a One-Stop Education Hub, an NFT Platform and more.
The PandoProject provides its Blockchain Infrastructure as an easy, affordable and efficient Plug-and-Play solution and service for Apps, Platforms, Systems and Industries to Decentralize Streaming, Storing, Transcoding, Livestreaming, IoT, Security, Artificial Intelligence, File Sharing and Editing to eliminate centralized infrastructure costs and solve growing video and data delivery issues that are becoming more inefficient, inaccessible and costly to facilitate in this modern day society. The PandoProject allows Developers to build or migrate apps, websites, platforms and systems on the Pando Blockchain because it is entirely open-source. Through this growing movement, the PandoProject aims to hyper-accelerate the transition into the Web3 Era for everyone.
Q 10. Where can I get documents regarding the PandoProject?
Q 11. How does the PandoProject solve video and data delivery issues and lag?
The PandoProject is powered by community-run Rametron Nodes which help store, stream, transcode, relay and translate videos and data files in the Pando Network across the Pando Blockchain and Pando DApps. This community-driven, blockchain-powered, crypto-based solution created by the Blockchain Infrastructure is provided as a service and a platform for Developers, Businesses, Companies and Industries to help to solve their video and data last mile delivery issues and reduce their centralized infrastructure costs by creating or migrating their Apps, Websites, Platforms or Systems to the Pando Blockchain.
If the PandoProject does not reach the goal of activating 1,000,000 Rametron Nodes, will the Pando Ecosystem still run?
Yes, the goal is to reach 1,000,000 active Rametron Nodes held by the community. The Pando Ecosystem is already in operation and there are plans on further development for the PandoProject. You may visit https://pandoproject.org for more information.
Q 12. What is PTX (Pando Token)?
PTX which is an abbreviation of the Pando Token is the governing token used for participation in all aspects of the Pando Network and Pando DApplications. PTX (Pando Token) powers the PandoProject and empowers the community. PTX (Pando Token) can be bought, sold, traded, exchanged, gifted, donated and more.
Q 13. What is the role of the PTX (Pando Token) in the PandoProject Nodes?
The Zytatron, Metatron and Rametron Nodes are activated with PTX (Pando Token) and their respective node holders earn in PTX (Pando Token) for contributing to the Pando Network.
If I'm not a PandoProject Node Holder, how can I earn PTX (Pando Token) in the Pando Ecosystem?
In the Pando Ecosystem, viewers, content creators and participators are rewarded with PTX (Pando Token) for going live, watching or uploading videos, selling goods, services and merchandise, hosting your own concert or by creating a masterclass or you could teach a course through the Pando DApps. PTX (Pando Token) is also used by content creators and users to charge or purchase premium content, products, merchandise, services, subscriptions and more revenue models available across all of the Pando DApps.
Q 14. What do I do with the PTX (Pando Token) that I have earned?
You can use your PTX (Pando Token) to buy, sell, trade, exchange, gift, tip, attend live concerts, buy NFTs, subscribe to courses and masterclasses or you could use it in any other way across the Pando DApps. PTX (Pando Token) can also be exchanged for FIAT or other cryptocurrencies.
Q 15. Will PTX (Pando Token) be listed in exchanges?
Yes, PTX (Pando Token) is listed on centralized and decentralized exchanges.
Q 16. Is there a floating supply of PTX (Pando Token)?
No, PTX (Pando Token) is only generated by the Zytatron, Metatron and Rametron Nodes. Therefore the demand and utilization of the PTX (Pando Token) will increase due to its controlled supply, scarcity and utilization in the Pando Ecosystem.
Q 17. How will the PTX (Pando Token) increase in price based on the PandoProject development?
Advertisers, Sponsors, Tournaments, Merchandises, Marketplaces and E-Commerce Platforms adopt and utilize the PTX (Pando Token) to undergo any form of transaction. All of the Creators and viewers will be earning and spending in PTX (Pando Token) through all the Pando DApps. Furthermore, the growing use case for PTX (Pando Token) as the development of PandoProject expands towards building and hosting more Pando DApps & other applications, websites, platforms, systems, entering the NFT marketplace and innovating existing and emerging Industries. Through easy adoption, token burning, interoperability, ecosystem utility and scalability, the PTX (Pando Token) is a strong cryptocurrency with a growing resistance to volatility as the PandoProject continues to develop along with its expansion and extensions.
Q 18. What is the price of PTX (Pando Token)?
Q 19. Where can we see the token economics of PTX (Pando Token)? (Change when W2.0 is out)
Q 20. What are the Rametron versions that will be available on Mainnet 2.0?
There are 4 types of Rametron versions that will be available for the community in Mainnet 2.0 :
Currently, the Rametrons handle Transcoding, Streaming and Storing. In the Mainnet 2.0, Rametrons will handle more complex tasks, such as Data Management, Security, Artificial Intelligence, Metaverse, 3D Streaming, IoT, File Sharing and Editing
Q 22. Will the Rametrons get paid for more tasks other than just transcoding?
Yes, when there are more technological solutions to the Rametron, the Rametrons' reward system will continue to amplify further to better incentivize the Community and Node Holders for their contribution to the Pando Network. Q 23. Why do we have 4 types of Rametrons in Mainnet 2.0?
This is to expand our Pando Ecosystem and create more computing resources for job allocations across the Pando Network. With these 4 types of Rametrons, the PandoProject and its Pando Network can now expand and further develop into a variety of industries through adoption, utilization and interoperability which will allow the more allocation of jobs or tasks according to the Rametron capability. This also allows the PandoProject to offer its Blockchain Infrastructure as an easy, affordable and efficient Plug-and-Play Service for Developers, Companies, Businesses and Industries to build or migrate Apps, Websites, Platforms, Systems to eliminate their centralized infrastructure cost of video and data delivery. This is an opportunity to hyper-accelerate into the Web3 Era. This is also an opportunity for the Rametron Node Holders because when there are more Apps, Websites, Platforms, Systems and Industries that utilize their Rametrons, the higher their rewards. Q 24. Can you explain how these 4 types of Rametrons are different?
Due to the average smartphone or tablet’s nature of its small computing power, the mobile version will be used for advertisement and user engagement, instead of transcoding or storing of data and video files.
The Rametron Lite is a desktop version which supports operating systems such as Mac/Windows/Linux OS. It has storing, transcoding and streaming capabilities but mainly focuses on transcoding. For transcoding, the Rametron Lite will only transcode files with less than 500mb.
The Rametron Pro is the baseline server version supported on Linux OS. The Rametron Pro allows for storing, transcoding and streaming but mainly focuses on storing. For transcoding, the Rametron Lite will only transcode files with more than 500mb.
The Rametron Enterprise will mainly support live streaming but it also has storing, streaming and transcoding capabilities. All live streams across the Pando DApps will be handled by the Rametron Enterprise.
Q 25. Can anyone purchase a Rametron Node?
Yes, anyone can download Rametron software for free and activate it by buying from an Exchanger and staking the minimum amount of PTX required based on the type of Rametron that fits their lifestyle, resources or goal. Q 26. What is the new minimum staking amount for Rametrons in Mainnet 2.0?
Rametron Mobile : 250 PTX
Rametron Lite : 1,000 PTX
Rametron Pro : 10,000 PTX
Rametron Enterprise : 35,000 PTX Q 27. What is the use of Peer ID in the Rametron Node?
The Peer ID is to connect the Rametron through peer-to-peer.
Q 28. Can I stake two Rametrons from different computer in one Wallet?
No, you can't
Q 29. Can a Rametron Node only be installed in a Windows computer?
No, a Rametron Node can be installed on Windows, MacOS and Linux (Ubuntu v18). The Rametron Node can also be hosted on a Cloud Server.
Q 30. How will I earn as a Rametron Node?
The Rametron Node rewards you based on 3 protocols, Proof-of-Stake, Proof-of-Engagement, Proof-of-View The Rametron Node generates PTX (Pando Token) by relaying and translating video and data files just by tapping into the device’s excess bandwidth and computing resources.
Q 31. Is the Rametron Node on the Pando Blockchain?
Yes, The Rametron Node is an On-Chain Node.
Q 32. How do I know if my Rametron Node is registered in blockchain?
Q 33. What happens if I accidentally delete the Rametron Node in my computer?
You may recover your Rametron Node by
2) Paste your Recovery Key in the Rametron Node in order to recover your Rametron Node and your PTX (Pando Token) staked.
Q 34. What is the minimum restake for Rametron Node?
The minimum restake for a Rametron Node is the same amount as its initial stake, therefore the minimum restake for a Rametron Mobile is 250 PTX, Rametron Lite is 1,000 PTX, Rametron Pro is 10,000 PTX and the Rametron Enterprise is 35,000 PTX respectively.
Q 35. Can I transfer my Rametron Node from one computer to another?
Yes, you may download the Rametron software on your new computer and use your Recovery Key from your Rametron to recover and activate the Rametron Node. The old Rametron Node
Q 36. If I keep my Rametron turned on longer than 40 hours, will I earn more?
In the Pando Mainnet 2.0, your Rametron Node rewards are based on the participation and activity available in the Pando Ecosystem. You will also start generating PTX as rewards annually just by staking and activating your Rametron Node.
Q 37. Is it okay for me to move my laptop around the house if my Rametron Node is running?
Yes, as long as you are connected to the internet your Rametron Node will be uninterrupted.
Q 38. How do I install a Rametron Node?
There are different types of Rametron Nodes, we will provide guides towards downloading, staking and activating each Rametron Node.
Q 39. Will my computer become overheated or overworked if I have a Rametron Node installed?
No, the Rametron Node software is a smart, lightweight and a highly efficient software that will not overheat or overwork your computer.
Q 40. Can we use VPN when we are running a Rametron Node on our computer?
VPN does not give the correct location of your Rametron Node. An unreliable VPN might expose you to risk. Moreover, VPN jumps the IP to multiple addresses and this will affect the network. We advise users to disconnect their VPN. However, if you are sure of your private VPN, you may still use it.
Q 41. Can anyone purchase a Metatron Node?
The Metatron Node is a node that is fit for entrepreneurs, business-driven individuals or anyone with a passion to share the opportunities of the PandoProject and contribute to its growth
Q 42. What is the new minimum staking amount for Metatron in Mainnet 2.0? 10,000 PTX
Q 43. How does a Metatron Node generate PTX (Pando Token)?
A Metatron Node generates PTX (Pando Token) by validating transactions within the blockchain.
Q 44. How does Round Robin work and what does a Metatron Node get from it?
Round Robin is a concept where all the Metatron Nodes are given a chance to participate in block creation in the Pando Blockchain. The Rewards are only distributed for Metatron Nodes once it has successfully participated in the block creation.
Q 45. How do I restake in a Metatron Node?
Create a new Pando Wallet and stake a minimum of 3000 PTX (Pando Token) to the same Node Summary Address of your Metatron Node.
Q 46. What is the minimum restake for Metatron Node?
The minimum stake for a Metatron Node currently is at 10,000 PTX (Pando Token) upon the listing of the PTX in the Exchanger.
Q 47. If I want to move my Metatron Node from the server to my computer, what do I do?
All documents related to Pando Network will be uploaded to our Documents in real-time. You can go to our website and click Docs to find out more, or you can click on this link below :
Q 48. Can I withdraw staking which is not due for 6 month unlock period, if I stake now for Mainnet 2.0?
All the staking will be unlocked for each community member to move to Mainnet 2.0, even though the stake has not reached the 6-month locking period.
Q 49. Can we stake for RTE on Mainnet 2.0 without paying the booking fee?
Anyone can stake for RTE, but the user will not earn any PON or POE from the node as it is not registered with Pandolab. The staked PTX will only be released after the designated 1 year locking period. Q 50. Is there a limit to the amount we can stake?
There is no limit. Plus, this is a bonus point for the Rametron Nodes, because the more you stake, the higher your rewards.
Q 51. Does the Rametron Node interrupt my computer’s performance or file and data security?
No, it does not interrupt your computer’s performance. The Rametron Node will not access any of the user’s files or data. The Rametron Node is designed and developed to only utilize excess bandwidth and the device’s computing power to generate cryptocurrency for its Node Holder by decentralizing storage, transcoding or streaming across the Pando Blockchain. Q 52. Is the PandoProject open source?
Q 53. Does the PandoProject control my computer if I have a Rametron Node?
No, this is because any of the Rametron Nodes or softwares cannot control your phone, tablet, laptop, computer or any other IoT that can host a Rametron Node. The Rametron Node is a Peer-to-Peer Blockchain software and it cannot access your data or any of your files. It can only tap into the excess bandwidth and computing power of your device.
Q 54. How can I verify the security of the PandoProject, the Nodes and the Pando Blockchain?
The entire source code of the PandoProject, the Nodes and the Pando Blockchain is available publicly on GitHub, you may verify the information provided to address any concern or doubt.
Q 55. Does Pandolab develop applications?
Yes, Pandolab Pte. Ltd. has developed several Decentralized Applications (DApps) such as Pandojo, Tutor-X, Vixo, Show.Us, Pandogo and there will be many more applications to be powered by the PandoProject.
Q 56. How many Pando DApps are available?
There are multiple Pando DApps that are available. As of now, Pandojo has been released and TutorX is in its Beta version. An array of DApps are still in the works, such as Vixo, ShowUs and Pandogo.
Q 57. Can other App Developers also develop DApps on the PandoProject platform?
Yes, they can. PandoProject is an open platform and we invite App Developers to develop more decentralized applications on our PandoProject.
Q 58. Are the Pando DApps developed by Pandolab? How does Pandolab develop Decentralized Applications?
Yes, all of the Pando DApps are developed by Pandolab. The Pando DApps are decentralized because of the Pando Network, which consists of the Zytatron, Metatron and Rametron Nodes. Instead of using a Centralized Delivery Network (CDN), the Pando DApps uses the 1,000,000 Rametron Nodes to relay and translate data files. Through this, the PandoProject will solve last mile delivery problems, provide seamless streaming and it rewards the viewers and content creators for uploading videos, watching ads or going live.
Q 59. How will the Pando DApps manage and filter illegal uploads?
Through Kibana and each country’s rules and regulations.
Q 60. How does PoS (Proof-of-Stake) work on Mainnet 2.0?
In Mainnet 2.0, the PoS will be On-Chain, your PoS rewards will be directly distributed by the chain. The PoS rewards will be calculated based on your staking amount and will be distributed across the year from the moment of your staking and activation of your Rametron Node. The PoS rewards range from 10% to 15% annually which will be distributed over the 12-month period. The More you Stake, the Higher your Rewards.
Q 61. How does PoE (Proof-of-Engagement) work in Mainnet 1.0?
In Mainnet 1.0, PoE is rewarded based on work done. As a Rametron works to transcode to different file formats which we call "flavors" as a terminology in IT, currently Rametron adds 3 different flavors, which are 480p, 720p and 1080p. We will add more flavors from time to time. If your Rametron adds a flavor, this means it adds 1/3 of total transcoding per minute. If your Rametron adds 2 flavors, this means that it equates to 2/3 total transcoding per minute. Transcoding per minute 0.01875
In Mainnet 2.0,
We will peg the transcoding fees at the original price.
0.20 USDT = 0.01875, so if the PTX price against USDT drops, the PTX rewarded per minute will increase. If the PTX price against USDT increases, the PTX rewards will decrease.
Q 62. How does POE (Proof-of-Engagement) work in Mainnet 2.0?
In Mainnet 2.0, our focus is on the Community's contributions towards the Pando Ecosystem. For PoE, the Rametron Node Holder is rewarded per minute, and it will have a direct correlation on the current PTX price. Due to price fluctuations, we will take the 3 months average price to calculate your PoE rewards based on the PTX price for this mechanism. It won't be a fixed amount of token per minute like in Mainnet 1.0.
Firstly we will peg the per minute PTX with 0.20 USDT.
Per minute = 0.20 USDT = 0.01875 PTX.
And the formula to calculate PoE is:
PTX rewards per minute = 0.01875*( 0.2/current price)
In this way, the community will be assured that at any price that the PTX will have, our community will receive rewards at the same rate of 0.2=0.01875PTX.
For example, if the PTX price is 0.03 your POE calculation will be:
PoE = 0.01875*(0.2/0.03)= 0.125
Q 63. What is PoE's Threshold for Rametron Pro and Rametron Enterprise?
Both Rametron Pro and Enterprise will have PoE Threshold, which means that users will get minimum PoE rewards in the case a particular user's PoE earning is below the Threshold. The Threshold will be calculated based on an average of 3 months of PTX price.
Only those who fall below the Threshold will have their PoE adjusted at the end of the month. The Threshold for both Rametron Pro and Rametron Enterprise will be announced later in the latest Whitepaper in December, 2022.
Situation : User A, who is a pioneer, wants to stake their tokens in 2 different Rametron Node in Mainnet 2.0 into the same wallet that is eligible for GPS right now. Will the GPS be applicable for both Rametrons?
First of all, one wallet can only stake to one type of Rametron. Thus, only one Rametron will be eligible for GPS.
Q 63. Will there be a new protocol added in Mainnet 2.0? Yes, Proof-of-View (PoV) is a new protocol that will be generating rewards for Node Holders in the Pando Mainnet 2.0. It will allow users to generate PTX by simply watching advertisements in all our Pando DApps. Q 64. Is the CLI for the Rametron and Metatron Node found in the Pando Explorer usable for MacOS, Windows, Linux and server?
Q 65. What happens if I lose my Private Key and Mnemonic Phrase?
PandoProject is a blockchain project. The owner of the wallet is responsible to safeguard their assets. Private Key and Mnemonic Phrase will only be given to the owner once and it should be kept safely.
Q 66. What if someone uses my Recovery Key on their laptop? Will my current Rametron on my laptop stop working?
Yes, so be sure to keep your Recovery Key in a safe space and ensure that you view the Recovery Key in private upon saving it. You can now hide it too from everyone else, after saving it securely.
Q 67. What happens if I accidentally lose my Recovery Key?
The Recovery Key now is in the Rametron, you can view it again there. If you choose to hide it permanently and lose the ones you have saved, it will be gone forever.
Q 68. What happens if I accidentally lose my Keystore File?
If you ever lose your Keystore File, use your Mnemonic Phrase / Private Key and a temporary password to log into your Pando Wallet. Then, go to settings and create a new password to export a new Keystore File again.
Q 69. Can I withdraw PTX from an Exchanger to my Pando Wallet?
Yes, you can. Just copy and paste your Pando Wallet ID into the Exchanger in order to withdraw your PTX into your Pando Wallet.
Q 70. Can I stake a Rametron Node and a Metatron Node on one Pando Wallet?
Yes, you can.
Q 71. Can i stake both my Metatron Node and Rametron Node in the same wallet?
Yes, you can.
Q 72. Can I have more than one Pando Wallet to stake in a Rametron?
No, you can only stake one Rametron Node with one Pando Wallet, however, you can stake as much PTX (Pando Token) as you would like into one Rametron Node with a Pando Wallet.
Q 73. If I have many Pando Wallets staked to one Metatron Node, how is Round Robin calculated?
If there are more Pando Wallets staked into a Metatron Node, the Metatron Node will be given more chances to participate in the Pando Blockchain. The rewards are then distributed to the Pando Wallets staked.
Q 74. Do we have Global Profit Sharing (GPS) in Mainnet 2.0?
No, as the Pandolab has closed the Global Profit Sharing (GPS) entry on the 31st of July 2022, the Pandolab Development Team has updated the GPS Explorer. All the Pando Wallet IDs that are eligible for GPS will be recorded in the GPS Explorer. Qualifying pioneers with Metatron Nodes will receive 20% GPS and pioneers with Rametron Nodes will receive 10% GPS.
Q 75. How does Pandolab allocate Global Profit Sharing (GPS) for their Pioneers?
GPS is allocated from the revenue generated from all the applications and services offered by Pandolab. From the revenue generated, the GPS will be allocated accordingly.]
Q 76. Will we be eligible for GPS if we stake a different Rametron Node in Mainnet 2.0?
Yes, the GPS is tied to the Pando Wallet; all Rametron Nodes will receive 10% GPS for the staking.
Q 77. How is GPS calculated if I have more than one Pando Wallet that is staked to one Metatron Node? Will all the Pando Wallets receive GPS or is it just the one Metatron Node?
Your Global Profit Sharing as a Metatron Node will be calculated based on the PTX (Pando Token) staked to the Metatron Node in each wallet. All your Pando Wallets will be entitled to receiving GPS (given that it is staked during Activation Period). The more PTX (Pando Token) is staked to your Metatron Node, the higher your Global Profit Sharing.
Q 78. How will I know that I am qualified for Global Profit Sharing?
Pandolab will release a GPS Explorer for the Pando Community to verify their eligibility for Global Profit Sharing.
Q 79. What is the exchange rate for LBank?
LBank charges a flat rate of 0.1% per trade.
Q 80. How to change my PTX (Pando Token) to FIAT?
If the exchangers that PTX (Pando Token) is listed on does not have your FIAT of choice, you may locate a local exchanger that has your FIAT of choice. Then, identify a common cryptocurrency that is listed in both the Exchanger that PTX (Pando Token) is listed in and the local exchanger with your FIAT of choice, a common example of a universal cryptocurrency is USDT. You may proceed to convert your PTX (Pando Token) to the common cryptocurrency that is listed in both exchanges, now, you may withdraw the chosen cryptocurrency to your local exchanger in order to convert it to your FIAT of choice.
Q 81. Will I be able to exchange PTX (Pando Token) directly to my local currency through LBank?
No, LBank does not offer direct withdrawal to your FIAT of choice. Instead, you may locate a local exchanger that has your FIAT of choice. Then, identify a common cryptocurrency that is listed in both the Exchanger that PTX is listed in and the local exchanger with your FIAT of choice, a common example of a universal cryptocurrency is USDT. You may proceed to convert your PTX to the common cryptocurrency that is listed in both exchanges, now, you may withdraw the chosen cryptocurrency to your local exchanger in order to convert it to your FIAT of choice.
Q 82. Is there a guide to help me set up my LBank account?
Q 83. Will the PTX (Pando Token) be listed in more exchangers?
Yes, the PTX (Pando Token) will be listed in more exchanges.
Q 84. How will listing in more exchangers affect the value of the PTX (Pando Token)?
Viewers and Content Creators, Advertisers, Marketplaces, Tournaments and the Pando DApps will be fully functioning in the Pando Ecosystem. Advertisers, Marketplaces and Tournament organizers can purchase and sell PTX (Pando Token) in the exchanges. The Revenue Models created by the Pando DApps will be exercised even more aggressively as we proceed to be listed in more exchanges. These activities will promote wider utilization which is expanded by the accessibility to the PTX (Pando Token). This results in driving up the value of the PTX (Pando Token) further.
Q 85. What is Pandolab?
Pandolab Ptd. Ltd. is a compelling team consisting of various critical industry experts and talents from IT, Creative Industry and Management that specializes in decentralized video streaming. The team cooperatively designed, developed and deployed an innovative decentralized video streaming platform using the Pando Blockchain Network which is our peer-to-peer delivery technology that is highly efficient, innovative, sustainable, and community-driven. As the holding company, Pandolab develops various Decentralized Applications (DApps) that run on the Pando Network for various industries while overseeing Pandosoft and PandoProject.
Q 86. Is Pandolab a blockchain company?
Pandolab Pte. Ltd. is an IT Company that has developed a blockchain powered video streaming platform with an array of world class applications called the PandoProject.
Q 87. What is Pandosoft?
Pandosoft is our marketing arm where interrelationships between Management, Country Partners, Marketing and Customer Relations happen - allowing us to grow globally and expand our wings across Asia, Europe, America and many more regions in the world by specializing in the soft skills necessary to serve and satisfy our global community. The emphasis of Pandosoft is to grow, expand and unite the Pando Community from each respective operating country towards a unified goal of decentralizing the entire video streaming industry by empowering the people.
Q 88. Where is Pandosoft located?
Pandosoft is located all over the world from South Korea, U.S.A., India, Indonesia, Nepal, Brunei, Canada, Philippines, Brazil, Japan, Vietnam, Hong Kong, Thailand, Russia, Malaysia, Singapore and Jordan.
Q 89. What is Pandosoft's role in the PandoProject?
Pandosoft is in charge of sharing, connecting, guiding, directing, community-building and expansion through efficient communication, event organization, tournament hosting, marketing and promotion provided by its Country Partners and the Pandolab Management Team. Q 90. Can other App Developers use our Rametron Nodes to solve their last mile delivery problems?
Yes, other App Developers can use our Pando Network to solve their last mile delivery problems. This is made possible by the interoperability of the PandoProject. PandoProject is an open-source platform that allows both centralized and decentralized application, website or system Developers the ability to leverage our platform and infrastructure to host and stream video and data files using the Pando Network. Developers pay in PTX (Pando Token) based on utilization of the network and for its services. As an example, game developers can stream in-game video content to players, host tournaments and broadcast real time gameplay, or run their own online channel to stream content to their viewers. Security companies that provide a service of storing and safeguarding video footage or livestreams from their CCTV’s can utilize the Rametrons for Decentralized Storage, IoT and Security. PandoProject runs anywhere high-performance video and data file delivery is needed. We have developed a series of APIs and SDKs to enable seamless standards for integration, allowing developers to quickly deploy solutions within our platform. This is an easy, efficient and affordable Plug-and-Play Blockchain Infrastructure as a Service. It eliminates the costs of centralized delivery networks and its infrastructure while elevating the process into a secure and efficient blockchain environment.
Q 91. Are the Metatron and Zytatron Node using the same protocol in the Pando Blockchain?
Yes, they both use the same protocol, but each has a different purpose. Zytatron Nodes initiate the block creation and have full records of the Pando Blockchain, while the Metatron Node will finalize the block created by the Zytratron Node and the Metatron Node will only hold certain key records on the Pando Blockchain.
Q 92. If the Zytatron and Metatron Nodes are doing a similar job in the Pando Blockchain, will the Zytatron and Metatron Nodes need to compete with each other to complete their respective jobs?
The Zytatron Node will never compete with the Metatron Node. The Zytatron Node is an Enterprise Node and is the first layer of security in the Pando Blockchain and there are only less than 30 of these Nodes available. The Metatron Node is the second layer of security and is held by a growing number of Community-Members in the PandoProject. The Zytatron and Metatron Nodes have different jobs in the Pando Blockchain.
Q 93. What is IPFS?
IPFS stands for Interplanetary File System. At its core it is a versioned file system which can store files and track versions over time, very much like Git. It also defines how files move across a network, making it a distributed file system, much like BitTorrent. In combining these two properties, IPFS enables a new permanent web and augments the way we use existing internet protocols like HTTP.
Simply put, the internet is a collection of protocols that describe how data moves around a network. Developers adopted these protocols over time and built their applications on top of this infrastructure. One of the protocols that serves as the backbone of the web is HTTP or HyperText Transfer Protocol.
Q 94. Can an existing application which uses a CDN server transition to the PandoProject platform?
Yes, any application can use our Pando Network which consists of the Zytatron, Metatron and Rametron Node to decentralize their streaming and solve their lag.
Q 95. Will the Zytatron, Metatron and Rametron Nodes generate more PTX if there are more DApps in the PandoProject? What will happen to the value of PTX?
Yes, the Zytatron, Metatron and Rametron Nodes will generate more PTX because there will be more tasks in the Pando Network if there are more DApps in the PandoProject. The Rametron Nodes will relay and translate more videos and data files within the PandoProject while the Zytatron and Metatron Nodes will verify more transactions in the Pando Blockchain because there is more activity through the addition of the Pando DApps. On top of that, PTX (Pando Token) in return will increase in value because of further utilization that occurs when there are more Pando Dapps added into the PandoProject.
Q 96. How to contact to pando network team?
Q 97. Tech support
Q 98. Legal
Q 99. Join our active developer community group at Discord
Feel free to raise your query our developer community member will love to answer on those !