Q: What is Blockchain?
A: A Blockchain is a public ledger, shared across a network of computers. The ledger has a record of every transaction that has ever occurred on the Blockchain and whenever a new one occurs in the world, it’s added to a pool of other new transactions. At an equal interval the pool is gathered up, converted into a block and added to the chain. Additions to the Blockchain are impossible to fake but easy to verify.
Q: How do they work?
A: A Blockchain is a digital record of information. This information could be
anything from monetary transactions to passport details.
Traditionally, valuable information like this would be stored in one place, by a bank or government. For example a bank keeps a list of every transaction that’s made with it’s customers money to allow them to accurately keep track of how much money their customers have.
Instead of keeping this information in one place like a bank, Blockchain technology stores this information on thousands of computers. Each computer has a copy of the Blockchain – a list of every transaction ever made in exact time and date order. Once a transaction is added to the Blockchain it can’t be edited or deleted.
Instead of having to pay a third party like a bank or land registry to transfer assets from one person to another, the Blockchain allows this to happen securely by sending a record of the transaction to every computer in the network.
If anyone tried to change a copy of the Blockchain without permission, all the other computers in the network would know and the change could not be made.
Give me an example
Person A wants to send person B some money. The Blockchain has a record of how much money both Person A and Person B has. All the computers in the network agree that Person A has enough money to pay Person B by checking their copy of the Blockchain (a record of all previous transactions). If they all agree, the transaction is recorded and given a timestamp.
If someone tried to pay for something without the required funds, the network would reject the transaction.
Q: How secure is Blockchain?
A: In a traditional network where information is only stored in
one place, fraud or hacking is simple. But when records are duplicated on thousands of computers
at once, the network easily detects a change made on one computer. The changed record no longer
matches the records held by the other machines and the fraud is detected.
To hack a Blockchain you would need to simultaneously change the records on every computer in the network at exactly the same time. The computing power to perform a task of this scale renders it impossible.
Q: Is there more than one Blockchain?
A: Yes, different Blockchains hold records of different types of information.
Q: How does Blockchain affect me?
A: In the future, the transfer of any secure digital information
will be handled instantly without the need of a third party, saving huge fees and
Blockchain technology already powers hundreds of digital currencies like Bitcoin and DasCoin but it can be used to store any valuable information that needs protection from hacking or fraud.
Q: What are digital currencies?
A: Currencies like Bitcoin or DasCoin exist digitally only. They
don’t have physical money, like pounds or dollars.
In the real world making a transaction with physical currency is easy. But online it’s harder to tell if someone really owns the asset they claim without a third party like a bank to verify if they are telling the truth.
This is why many digital currencies use Blockchain technology to record and verify all records and transactions. Not having to rely on a bank makes transferring value faster and safer whilst removing large bank fees on international transactions.
You may sometimes hear digital currencies referred to as ‘Cryptocurrencies’. Cryptography is a type of encryption used to add additional security to Blockchain based currencies, which is why they are sometimes referred to as ‘Crytpocurrencies’.
Q: What is Bitcoin?
A: Blockchain technology was invented to create a new type of
digital money, Bitcoin. Bitcoin is currently the world’s largest Cryptocurrency with tens of
billions of dollars actively exchanged in Bitcoin globally.
Whilst Bitcoin lead the way for digital currencies it has limitations. It’s transaction speeds have become slow as it has become more popular, it’s anonymity means it is associated with the dark web and it doesn’t comply with existing financial regulations.
Many other digital currencies now exist that have developed more advanced Blockchain technology including DasCoin.
As more people begin to use digital currency it’s value increases. Many early adopters of Bitcoin became millionaires from small deposits as they currency rocketed in value.
Q: What is DasCoin?
A: DasCoin is a new digital currency designed to become the
mainstream digital currency of choice. It combines the best parts of digital currencies like
Bitcoin with the best parts of traditional currencies like dollars and pounds to create the
DasCoin is the world’s most secure digital currency ensuring super-fast global transfers with ultimate peace of mind.
You can read the Whitepaper and learn more about DasCoin here
DasCoin is based in Hong Kong.
Q: How can I purchase DasCoin?
A: DasCoin is part of DasEcosystem – a network of Blockchain
products and services. Purchasing a NetLeaders license gives you access to
When you purchase a NetLeaders license you’ll be allocated Cycles. Cycles represent network capacity and can be submitted to the Minting Queue to mint DasCoin or used to purchase other products and services in DasEcosystem.
DasCoin will be available to purchase on approved Cryptocurrency exchanges in Q1 2018 without a NetLeaders license.
Q: How many DasCoin will be available in total?
A: 8.5 billion DasCoin will be minted in total. To be exact 233: 8,589,934,592
Q: Which Blockchain does DasCoin use?
A: DasCoin uses its own Blockchain developed in house. The
DasCoin Blockchain is a closed permissioned Blockchain. This allows transaction speeds of 6
seconds (confirmed) and absolute security.
The DasCoin Blockchain was switched on March 31st 2017 in Zurich, Switzerland and has been running uninterrupted since.
Q: What is NetLeaders?
A: NetLeaders is a global community that has access to the
DasEcosystem. Owning a NetLeaders license gives access to DasEcosystem and its associated
products and services. NetLeaders licenses are available in a range of sizes and can be
purchased from NetLeaders. Larger licenses include a larger number of Cycles as well as other
benefits. Cycles represent network capacity on the DasEcosystem. They can be submitted to the
Minting Queue to mint DasCoin or used to purchase network services.
Members of the community can also be rewarded via an incentivized marketing programme for contributing to and expanding the network.
NetLeaders is run by CL Singapore PTE ltd.
Q: What is the mission of NetLeaders?
A: To empower people into prosperity - by allowing members to benefit from growing and contributing to the network rather than the network itself receiving the benefits of its users’ work.
Q: What is DasEcosystem?
A: DasEcosystem is a new digital network that contains all the
elements required to create, store and exchange value. The aim of DasEcosystem is to spread
prosperity by establishing and maintaining balance of these elements. DasEcosystem is made up of
a number of companies and technologies working together to achieve this vision. They
NetLeaders – The community of empowerment rewarded for contributing to and expanding DasEcosystem.
WebWallet – The ultimate digital wallet and Exchange platform, WebWallet is designed to be the most user friendly and secure digital wallet available. In Tokyo WebWallet launched DasExchange, a Blockchain based exchange that allows users to trade DasCoin for Euros.
DasCoin – The store of value within DasEcosystem, DasCoin is fast and secure.
Q: Is DasEcosystem safe?
A: Everyone using DasEcosystem is required to complete KYC
verification. This ensures regulatory compliance and that the identities of all users are logged
to deter criminal activity.
All users who wish to withdraw DasCoin from DasEcosystem or submit Cycles to the DasCoin Minting Queue must use the Validator hardware device. The Validator is a USB security device created by WebWallet that stores user’s private keys – these keys are required to give access to the user’s funds. These keys are stored by the device only, not even WebWallet has access to them. This ensures the safest possible experience.
Q: What will DasEcosystem be used for in the future?
A: Companies, governments and financial institutions will be
able to use DasEcosystem to power their businesses and services in the future. Individuals will
be able to benefit from these services ranging from land registry to entertainment and
everything in between.
DasEcosystem services will include, smart contracts, Blockchain-as-a service and data services.
Q: What is incentivized marketing?
A: We reward our community for expanding the network. The more people who use DasEcosystem the more valuable it becomes. Our community empowers the network and we believe that deserves reward.
Q: How can I be rewarded?
A: Commissions are paid only once the people you bring to the system actually purchase a NetLeaders License.
Q: Can I earn a commission without first purchasing a license?
A: Yes, you can.
Q: Can I resign from the participation in the system?
A: Yes, you can, within a determined period of time. Following your resignation you will be eligible for a refund of the amount paid for the License after the deduction of an administration fee calculated in line with the provisions relevant for your jurisdiction. For more information please contact firstname.lastname@example.org.
Q: Do I need a sponsor to purchase a NetLeaders License?
A: Yes you do. Our network grows when our community shares it’s knowledge and experience with others. Having a sponsor ensures you have direct contact with someone who can teach you about the DasEcosystem.
Q: Where do I put the name of my sponsor?
A: When you start the registration process, you will be asked to enter your sponsor’s username. If you came to our web site using your sponsor’s link, that field will be pre-filled. Please make sure your sponsor’s username is correct, because you CANNOT change it later.
Q: How can I change my sponsor?
A: You cannot change your sponsor after the account has been created.
Q: Where can I find my referral link?
A: You can find your referral link when you log into your account. Go to your dashboard, then click on ‘copy link’ in the referral link section.
Q: How to Create an Account?
A: This is the procedure:
Click Sign in (Upper right hand corner)
Then, click Create Your Account
If you haven’t used the referral link, you have to manually enter the username of your sponsor.
Fill your personal details.
You can create an account for your company as well. Just ignore “Company” block if you’re creating an account for yourself.
Confirm your Email Address. You’ll receive an Account Activation e-mail in few minutes. Click on the link in that e-mail.
Then you’ll be directed to the home page of NetLeaders website. You have to choose the Software License that you want to buy and the payment method.
After your payment has been received, your account is activated.
Q: Can I have more than one account?
A: You can have unlimited number of accounts. You need a different username for each of them, but you can use the same e-mail address.
Q: How can I change my password:
A: Go to our website and log into your account. In upper right corner click on Dashboard. Then click on your username or icon to expand user menu, select “ACCOUNT SETTINGS”. In the first line for password (New Password) enter your new password, in the next field (Confirm New Password) repeat that new password, and in third field (Current password) write your old password. After that, click “SAVE” button. Your password should be changed. If you don’t know your old password, go to “Sign in” on our website (upper right corner), and click on “Forgot your password?” link under the login form. Enter your username, and we will send you instructions for changing password to your e-mail.
Q: How can I change my password?
A: Go to our website and log into your account. In upper right corner click on Dashboard. Then click on your username or icon to expand user menu, select “ACCOUNT SETTINGS”. Click on ‘Change Password’ link. In the first line for password (New Password) enter your new password, in the next field (Confirm New Password) repeat that new password, and in third field (Current password) write your old password. After that, click “SAVE” button. Your password should be changed. If you don’t know your old password, go to “Sign in” on our website (upper right corner), and click on “Forgot your password?” link under the login form. Enter your username, and we will send you instructions for changing password to your e-mail.
Q: How long will it take for account approval?
A: Up to 24 hours after your payment is received if you have used bank wire as the payment method. Immediately after the receipt of the funds if you have used bitcoin or gift codes.
Q: Which payment method can I use when making order?
A: You can use bank wire, bitcoin or gift code.
Q: Which payment method can I use for bonus payout?
A: You can use bank wire or gift code.
Q: Change the payment method
A: If you want to change the payment method, you have to submit the ticket and request the change. We will cancel your existing order and then you can make a new one with the payment method of your choice.
Q: After I register, how much time do I have to make an order and do the payment?
A: You can make an order and the payment whenever you want. However, the later you make it, the higher frequency you will probably get and thus, the lower amount of DasCoins.
Q: Wire payment processing time?
A: Bank wires usually take 3-7 business days to process. If you have been waiting for more than 7 business days, please create a ticket and provide the proof of your transaction.
Q: Bonus payout processing time?
A: We are processing all the payout requests within 48 hours (excluding weekends) after the request has been submitted. The transaction itself takes another 3-7 business days to be processed by the bank.
Q: I have sent bitcoins but my license is still not activated?
A: We have to wait for 3 confirmations. If you are using online wallets or not setting high enough transaction fees, transactions may remain unconfirmed for hours. Other reasons for delay in license activation include incorrect bitcoin address or wrong amount. If your transaction has more than 3 confirmations, please submit the ticket providing your bitcoin transaction ID.
Q: Can I receive bonus payout in bitcoins?
A: Not at the moment, but we are planning to add that option.
Q: How to Create a Gift Code?
A: First of all, you need to have enough money in your
balance to create a Gift Code.
Log into your Dashboard
Go to Gift Codes in your Left Menu
Click “GENERATE NEW”
Then select the code you want to create and click “CONFIRM” button.
The code will appear on your screen
Now you can copy it and send it to the person who wants to buy a License with a Gift Code. Gift Codes are case sensitive!
Q: How to Redeem a Gift Code?
A: This is the procedure for Gift Code redemption:
Choose your license
Click Buy Now
Pick “Gift Code” as the Payment Type
Fill out the additional fields.
You’ll be redirected to a page where you have to enter the Gift Code you received
Enter it and Click “Redeem”!
You’re done, you license is now active.
Q: Gift Code refund after being used
A: We are sorry, but gift code cannot be cancelled after it was used for the purchase of the license.
Q: Gift Code error
A: Those are the 3 most main reasons for Gift Code errors:
The value of the Gift Code doesn’t match the price of the license you are trying to purchase.
The Gift Code has already been used
You have mistyped the Gift Code (Gift Code is case sensitive!)
If you haven’t made any of these mistakes, please submit the ticket and include the following:
Value of the Gift Code
Gift Code issuer (username)
Username of the person who tried to redeem the Code
Q: How do I purchase a license with payment processors?
A: After choosing a payment processor, you will need to create an account on the payment processors site and after successful registration, you will be required to fund your account with offered options. After depositing fund into your account, you can proceed with this payment method and purchase a license. More details on each payment processor you can find on the following link: https://netleaders.com/payment-methods-instructions#2Pay4you.