️Update️- Substratum | Successful Bypass of the Great Firewall of China!

by birtanpublished on September 2, 2020

hey guys welcome back to the channel today I'm going to do a follow up update on substratum I covered this project back in May and I figured four months is probably long enough at this point to check back in in the spirit of

Transparency I only have five sub tokens someone donated them to me after my first review so technically it's not in my portfolio I would like to do a quick shout out to the substratum team for sending me some awesome swag from my

Last video I love this hat I wear quite often so I figured I would show it off in the video thank you guys I really appreciate it please don't forget to hit that like button or that subscribe button if you haven't already and also

Don't forget to leave some comments on the video down below if you agree or disagree with me whatever I love talking to you guys after the fact and I'm always down in the comments trying to make sure that I get to everyone so if

You say something down there chances are you're gonna get a response for me I'd also like to state that this update video is not a sponsored video and it is not paid for by the subscribe team my normal disclaimer still applies

Here I'm not a financial advisor all investments have inherent risk and please always do your own research my videos are for entertainment purposes only under the good stuff what did subscribe been up to well in

June Justin made an announcement video where he talks a lot about a bunch of different topics but more specifically how they received a letter of intent from the eighth largest nonprofit organization in the USA he says they

Have a transaction processing volume over 1.5 billion dollars a year and they were coming on board to use subscript okay gateway which is pretty huge this is the update where they show the video that Justin does a lot of their content

Is video updates so unfortunately I won't have like a ton of articles and stuff behind me showing it but they do do very in-depth very good follow up videos and update videos for the community when the release was done they

Couldn't name the NPO that they were working with but then in October they released the name and a letter of intent from the National Christian Foundation so this may not seem like a big deal but any mainstream adoption of a project is

Huge especially considering their crypto pay is a Fiat to crypto gateway so that's pretty awesome that would presumably mean that the Christian Foundation would allow people to pay in cryptocurrency they stay here their

Means of accepting cryptocurrency as donations provided that fees are within and accept range and other details security and so on and so forth we understand that crypto pays in the

Building phase that's very cool then in early August they released new versions of the subscribe node zero point three point four and zero point three point five but these new updates came more node stability and

Improvements to the user interface they stated that they put out a zero point three point four release which received bugs and feedback from users and they were able to release the zero point three point five no more than a

Week later addressing those bugs and issues that's a pretty great turnaround for updates on a node again here is another video where Justin talks about his release he also talks about the fact that their product 3 announcement which

Was a pretty big deal was coming soon then in August Justin hosted a sub lock video stream where he showed updates to the sub node and did a quick walkthrough of how crypto pay will make adoption easier free people because they'll

Actually be able to use the crypto that they hold for purchases instead of just simply holding it he also does the product 3 announcement here which is a pretty big deal and this product 3 announcement was their amplify exchange

Let's see if I can fast forward here to get where he talks about it spend grow question mark on the question mark is is obviously amplify so if we go over here what is amplify amplify is gonna be substratum crypto exchange network what

Purpose will it serve well the goal is to allow users to engage with the decentralized exchange but have their funds settled off chain so the exchange itself isn't holding anyone's funds and people have control of their own crypto

Care about with the sub node and ideally this exchange bill to be accessed by anyone in the world regardless of what your countries restrictions are I think that's an extremely important piece of this this should not be understated yes

There are a lot of exchanges or even decentralized exchanges popping up but this one will have no restrictions based on the fact that it's paired with substratum snowed Justin actually does a 10 minute update video on how the

Amplify exchange is different than any of the other exchanges out there right now I will leave the link down below for this video if anybody is interested in watching it then at the end of September Jason does a quick 3 minute video where

He talks about the top 5 things to be excited about around substratum and their recent developments he announces that the release of the subside of node 0 point 4 point 1 this release builds on a decentralization features that were

Released in a last major beta release a zero point or point zero he also mentions that they will soon be releasing the white paper and the website for their amplify exchange another big deal unlike the other

Articles or the other posts on the blog this one actually has some written information here which is a nice change of pace for me so again all these links will be down below if anybody wants to check them out after the video in early

October justin tweets out that he's super excited to announce 27 new full-time employees to the substratum team this is a big deal because you have to think in terms of how much work and development they must have going on if

They need 27 new people to help out obviously based on the hashtags these people are also working with and on the amplifi exchange but it's still a big announcement nonetheless then in the middle of october they had a massive

Announcement they proved that their node works from inside china russia and iran let me meet this hold on they installed the node in each of these three countries and successfully circumvented each country's firewall the whole

Concept for this project was to create a fair and free internet access to anyone in the world not only they've done that but they've also demoed it for the world to see and prove their network works as advertised as you can see if you're

Watching this video what they do is they go to a couple of chinese websites to prove that they're kind of within the Chinese firewall and then they end up going to Twitter which is normally blocked but in this instance right here

You'll see because they're running the substratum node they are able to access Twitter from within China which is remarkable all right it took me a little time to buffer through the video but as you can see here they've got the node

Running on one side going crazy and then here they are on Twitter from behind the firewall so again that's that's pretty remarkable and that's definitely something they should be very proud of another important point to mention is

That they proved all this while they were still in beta I'm so extremely excited for the team they've taken some criticism after they announced the amplifi exchange and there's been some FUD around people

Thinking that they weren't going to deliver on the substratum project but this is a great teachable moment for people to take a second and really try to grasp what we've done and also to understand that good technology in

Real-world breakthroughs take time we need to have more trust and patience in these projects and this space as a whole and be a little bit more supportive as a community all right guys well that's it for me today and at

The update video on substratum if you have any projects you'd like me to cover or content suggestions please feel free to leave them in the comments down below and thank you guys for watching as always and I will see everyone soon hey

Guys curious about any other content time I have still need your crypto fix go check out my tons of other content and my playlists over here and I promise you guys won't be disappointed and as usual

Thanks for watching my channel

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