One person with multiple wallet addresses is a common phenomenon in the encrypted world, and the authenticity of the account really affects the operation of the encrypted world. For ordinary users, the "wool party" with hundreds or even thousands of wallet addresses will greatly dilute their airdrop income, and for the project side, it will be impossible for them to identify who is the real user. At the governance level, the rampant use of false identities makes the risk of Sybil attacks always exist in the encrypted world.

The encrypted world needs a trusted identity system, a more reliable DID. The birth of humanode is dedicated to solving this risk. Through biometric technology, it truly realizes "one person, one vote" and establishes a more fair on-chain economic system. At present, humanode has been deployed to testnet3, and the team is working hard to launch the mainnet within this quarter, and the TGE event and the mainnet will be launched soon.

On September 2, Victor Smirnov, co-founder of Humanode, and Shannon Higgins, media director, visited the Odaily Chaohua community,secondary title

1. Guest questions and answers

Odaily: Can you briefly introduce yourself and the core team members? How did you come into contact with the encryption world and participate in it?

Shannon Higgins: I'm the co-founder of Humanode and one of the core members working on making Humanode a reality in the most efficient way possible. We are a team of 23 including cryptographers, machine learning engineers and media people.

During my studies at Moscow State University of International Relations, my theoretical and practical experience in microeconomics was transferred to macroeconomics. That's the story of exposure to cryptocurrency, and it's kind of interesting. I have always believed that we are living in a discretionary monetary policy which is an experiment all over the world. Since then, I have been thinking about ways and means to change this situation.

Back in 2016, I started researching the economic potential of the blockchain industry and trying to come up with a capitalization model for crypto assets, and most importantly, I was attracted by the fact that crypto protocols implement macroeconomic models for trust issues. When we learn about the diversity of smart contract uses, it becomes clear that quantifying multi-narrative cryptoassets is no better than benchmarking. The market doesn't care how much money you have, but what your plan is. Projects either create a new direction for the economy or help sustain an already established development process within it.

Finding out who has the potential to rise to the top of the industry means finding out who is the best at executing the 12 fundamentals and what is the range of applicable value for the project. Afterwards, capitalizations are benchmarked and compared taking into account the years of development. Track and analyze projects across cryptocurrencies and other converging industries. This led to many new ideas. Ultimately, our research and development teams have been involved in several crypto projects over the past few years, including Tezocracy, Citadel.one, and several grants from foundations. Currently, Dato (founder of Humanode and Paradigm research) and I are also co-founders of Paradigm Research. Now, as I've always dreamed, we're finally addressing the socioeconomic structural changes that created Humanode.

Odaily: Can you use the shortest language to let users quickly understand what Humanode is?

Shannon Higgins ：It is interesting to describe Humanode in one sentence. Humanode is the first encrypted biometric network. One person = one node = one vote. Bringing Sybil-resistant innovative governance models to the crypto industry using private biometrics.

Odaily: What prompted you to create this project, and what problems is Humanode solving?

Shannon Higgins ：As I said before, we are interested in a fair financial system where everyone is equal. That said, Humanode's cryptographic biometrics solve the Sybil attack problem in the financial industry, and the use cases go a step further. For example, social media platforms free of bots and fake accounts, p2p marketplaces resistant to sybil attacks, biometric-based NFTs, one-person-one-vote DAOs, and more.

Odaily: How do you view the current consensus mechanisms such as PoW and PoS? What's so good about Humanode's PoE?

Victor Smirnov ：Since the birth of blockchain technology, many consensus mechanisms have emerged, and many have failed to remain the same. They all have their pros and cons. Regarding PoW and PoS, Humanode believes that the anti-Sybil attack in the two is based on capital, which makes their core a plutocratic system. An oligopoly of miners and validators monopolizes the market, which eventually leads to centralization. While there is nothing wrong with making money, or even people competing for wealth, the governance of DAOs becomes difficult because ordinary people don’t have any say. Therefore, we at Humanode decided to adopt PoE and PoU, where the identity of human beings is at stake. In the Humanode network, a validator must prove his existence and independence through private biometrics. This means that everyone has an equal say in decision-making, and in order to compromise the network, an attacker must find and convince 51% of independent humans (in unknown locations on the network).

Odaily: When Humanode collects the user's biometric information, how does it ensure the user's information security and privacy?

Shannon Higgins ：Naturally, when people hear"Biometrics"When the word is used, the first thing that comes to mind is security, especially when it comes to decentralized platforms. After all, biometrics are the most private personal data,"take over your identity"The fear was all too real.

That's why our biometric authentication team came up with the concept of encrypted biometrics.

Encrypted biometric technology is based on the combination of various technologies, which exist in mathematics, information security, network security, anti-Sybil attack, biometric technology, validity detection, zero-knowledge proof (ZKP) technology, homomorphic encryption and blockchain technology intersection point. Simply put, your biometric data never leaves your device in its original form. It is encrypted using various encryption technologies before it leaves the device. The connection between client and server is end-to-end encrypted. Biometric data is stored, decrypted and processed in the AMD SEV-based secure enclave on the decentralized network. Liveness detection data is verified during face scanning and deleted immediately after scanning. And people who authenticate on the Humanode server cannot access the data inside, because we use ZKP verification technology. I hope this clarifies people's concerns.

Odaily: What is Fath? How does it work and what does it offer Humanode?

Shannon Higgins ：The FATH hypothesis is a monetary policy and algorithm that is released proportionally to real value growth. Fath controls release based on growth. Simply put, the system compares two adjacent years to make calculations. If there is a 20% increase from this year to next year, all token holders will be issued an additional 20% of tokens based on how many tokens you have. If there is a negative growth, say -10%, then 10% of the currency will be deducted and burned equally from each user. (Don't worry, if you own 1% of the tokens in the system, you still own 1% after the burn.) This system ensures that the amount and value of the currency matches market demand.

All transaction fees in the network are shared equally among validator nodes (assuming your nodes are running at the same time), and all nodes in the network share rewards equally.

Odaily: In what capacity can ordinary people participate in the Humanode ecosystem, what 2C applications are there, or DAPPs that may appear in the future?

Shannon Higgins ：Participating in the Humanode ecosystem is as easy as becoming a validator node on your local server or in the cloud using the Humanode starter. You can find specific details on installing a node and becoming a validator on the Humanode website or on discord. If you are not interested in becoming a validator node, you can also become an investor by purchasing Humanode tokens (HMND). Our public sale will take place on September 15th, and participation in the sale requires a whitelist. Again, the details of the whitelist are available on discord.

As far as 2C applications are concerned, Humanode technology has many use cases. Simply put, any web3 project, regardless of industry, that wants to build Sybil resistance into their network can use Humanode. We have cooperated with multiple projects, such as AIKON's ORE ID, which has achieved more than 200,000 successful verifications. DAOs and projects on ORE ID can now utilize Humanode as a login method for users.

Another proud partner is INK Finance. This is a leading DAO governance protocol that can easily build and organize a DAO on multiple blockchains. Beyond that, potential applications that we expect to be built on top of the Humanode network soon are Sybil-resistant and one-person-one-vote DAOs, biometric-based NFTs, Sybil-resistant gaming platforms, marketplaces, and social networks.

We recently hosted a successful hackathon"Hack the Sybil", developers have come up with some exciting dApps utilizing Humanode technology.

Odaily: How attractive is Humanode to developers?

Shannon Higgins ：With Humanode technology as the infrastructure, blockchain developers can bring Sybil attack resistance into their applications. For the convenience of those working on different L1 blockchains, the Humanode network is EVM compatible.

Odaily: What are the usage scenarios, distribution mechanism and economic model of HMND tokens?

Shannon Higgins：The total supply of HMND is hard capped at 400 million. The HMND token is the native token of the L1 blockchain Humanode. It fully supports smart contracts running on Ethereum and other EVM-compatible chains.

In addition, it also supports private biometric computing. Uses of HMND Tokens:

• transaction fee;

• Deploy and interact with smart contracts;

• Private biometric checks - including uniqueness and validity;

• Based on "person-to-person" trusted data storage.

Odaily: What stage is the Humanode network currently in? What is the roadmap for the future? What are the important time nodes in the near future?

Shannon Higgins：secondary title

2. Community questions

Q1: What is the financing situation of Humanode? How stable is Humanode? Can I run computationally intensive DAPPs?

Victor Smirnov：We raised $5 million in seed and strategic rounds. We will raise more. Among the funds are founders of Shima Capital, Tribe, Republic Capital, Stafi, Avalanche and Polygon. We've been running a testnet for 1 year, so we're pretty stable! TPS can reach 10,000, and we not only support EVM - yes, if you build dapps in Rust, you can do a lot of calculations.

Q2: Do users also need to scan their faces to participate in the testnet?

Victor Smirnov：Yes, we are testing face scanning and liveness detection! You can try it.

Q3: What is Humanode's strategy for user growth?

Victor Smirnov：We're looking for people who are genuinely interested in developing this technology into a global standard, used globally by people around the world. We especially need people who want to get involved, not just sit and "play the money game". We are looking for partners with more than 100,000 users to host hackathons, and currently support 2 incubators. In addition, we have 14 local communities around the world.

Q4: Does HMND have mining, and what is the profit? Besides voting and validating nodes, what is the use of HMND?

Victor Smirnov：Without mining, human nodes earn fees directly from users - otherwise it devalues ​​token holders. HMND is used for biometric verification of transactions, smart contracts and payments. We are L1, so we cannot use the network without HMND.

Q5: Can the DAPP on the EVM chain be quickly transplanted to L1 (HMND)?As far as I know, no one can compete with ETHchain, mainly because of security issues and consensus.

Victor Smirnov：We've actually ported the full Aragon smart contract stack to our chain with their team in a few days, it has over 100 smart contracts and it's working great. For developers who want to be part of the network they build, using private biometric sybil attacks, Humanode will be the choice!

Q6: I would like to learn more about this project and become a human node contributor.

Victor Smirnov：We welcome everyone who wants to join us! Please join us and do more things together!

Q7: It is possible that 100% of the public offering shares cannot be raised, what to do with the remaining tokens?

Victor Smirnov：The remaining tokens will be locked in a vault for sale in future years.

Q8: In terms of security and consensus level, is there any in-depth research and discussion?

Victor Smirnov：We have developed a new biometric consensus that takes into account whether you are unique and still exist (you have to scan it once a month to remain a validator). This has been publicly tested for a year and works fine. And another layer of consensus - we use well-tested BABE + GRANDPA, like in Polka and Kusama - will start running on our testnet starting in June.