Mod : Hi everyone and welcome to the AMA on Forum Crypto Moonlight Official Group. We’re honored to host an Ask-Me-Anything session with Findora.

Okay there are 3 segment in this AMA today

Segment 1: project introduction

Segment 2: Question from Twitter

Segment 3: Free asking


Q1. Can you tell us a little bit about what you did before entering the world of cryptocurrency and what is your role now in Findora?

Lily Chao : My name is Lily Chao. I founded the Findora organization along with John Powers, the former CEO of the Stanford University Endowment Fund. I am quite well connected as a young entrepreneur and investor active in Silicon Valley and Asia Pacific Rim.  – Before founding Findora, I have a successful track record of investing and advising in early stage tech businesses and providing financial advisory to growth stage tech companies both in the US and in East Asia. My expertise is in privatization, SPAC, merger & acquisition.  Being tech-savvy generation who seeks to disrupt and improve legacy businesses, as opposed to following their lead, I am the original thought leader, along with the late John Powers, that devised the strategic and product vision of Findora Foundation. With one foot in Silicon Valley and another in the broader Asia-Pacific rim, I have seen the ways technology can create real world solutions across all corners of the globe.

am active in community relationship, strategic planning and key partnership development. I am also very interested in technology and research. So I spent quite a bit of my time talking with cryptographers and researchers.

Q2. Can you please explain to us, what is Findora? What are the strengths of Findora? And what are the technologies used to make your project more competitive?

Lily Chao : Sure. Findora is a globally trusted financial infrastructure, owned and democratically secured by a decentralized network of worldwide organizations and economically incentivized parties. Findora was created to enable the creation of financial services that are transparently operated while preserving user and institutional privacy. Created by a team of Stanford academics and entrepreneurs, including John Powers, former CEO of Stanford’s USD $25 billion endowment fund, Findora will be accessible to anyone in the world, whether individuals, small and medium enterprises, or industry giants. Our team has extensive collaboration with leading cryptographers in the world and our comprehensive cryptography library includes implementation of state of the art Zero Knowledge Proofs such as Plonk, Bulletproofs an Supersonic. For more information, visit

Findora is all about applying the best research to real world product. In addition to our public blockchain, the software stack can also be deployed and operated by a variety of interoperable networks. It can be used by a traditional bank to replace the infrastructure they currently run on, deployed in the cloud, or It is a platform for issuing assets of any nature, including cryptocurrency. Findora’s mission is to address the challenges necessary to support this broad class of assets and diverse financial use cases. One of the primary challenges is providing confidentiality while retaining the transparency and public accessibility of other blockchains. Achieving this privacy-preserving transparency is Findora’s major focus and product differentiation. We are highly competitive on the marketplace with a stellar team, clear product roadmap, technology and enterprise grade code quality.

Q3. Can you tell us what is the background for your project? What mission do you want to accomplish and what problems do you want to solve in the cryptocurrency world?

Lily Chao : Findora was incepted back in 2017 back John Powers and me to address the challenges in the global alternative investment markets – anything except publicly traded equities and investment grade fixed income product.

We wanted to see the potential of the blockchain to be the next generation global financial infrastructure that is democratically operated, fairly accessible and inspiring.

However, a closer lookup told us the exisiting blockchain technology could not meet most of the financial application needs: they are not scalable enough and they have no privacy management. We saw a huge opportunity here and Findora was started to address these two issues. We are lucky to figure out a whole set of theory and implementation to use advanced cryptography including Zero Knowledge and MPC and state of the art distributed system tech to help move the wolrd of finance onto blockchain!

Q4. On your site it is said that in the cryptocurrency world, transparency is needed but still maintains the privacy of users. Why is this important to you? And how does Findora make this happen?

Lily Chao : Yes! The financial industries are actually dealing with a series of simple things: identify the ownership of the financial assets, manage the transfers and keep the records. It is just that simple. But traditionally, the world has no unified financial infrastruture per se. It is costly to move assets records from one data silo to another. Blockchain chimed in with the transparency. All in a sudden, we can move Bitcoins without using a centralized settlement party. But the same way of record replication that brings the transparency also caused the biggest issue: all money and their ownership info is naked now which trade secret and personal privacy impossible. This has to be addressed before the world of finance can move onto the blockchain.

We develop Zero Knowledge blockchain on which the state machines (the validation nodes) verify and replicate cryptography statements instead of the meta data. This way, we have the best of the both worlds: transparency with privacy!

Q5. What will be Findoras biggest achievement in 2020? And what are Findoras plans in the future to make this project more popular and attract more investors?

Lily Chao : Our main achievements in 2020 so far: 1. invented a very unique DAO, DeFi fund management system that support privacy preserving asset operations voting/onchain governmence. We believe such blockchain based organizations will change the world; 2. be responsible for discovering one of the most efficient trustless Zero Knowledge Proofs systems; 3. has built an entirely new blockchain based on the newest ADS technologies from the ground up purely using Rust + WASM; 4. completed one of the world’s most comprehensive cryptography libraries- ZEI. Planning for end of this year/next year! —- Launching mainnet! We are ready to go!!! In the near future (2021), we will launch liquidity bridging to BTC and ETH, ERC20 with confidentiality; we will launch ZK Rollup service to ETH community; we also have a set of SDKs and APIs for DeFi quick launch for DeFi entrepreneurs.


Q1. From @hakkikeless Findora uses a consensus algorithm called FINSENSE How does Finsense work & what are its unique features & similarities when compared with popular consensus algorithms like POW (Proof of work and POS (Proof of Stake) & BFT (Byzantine Fault Tolerance)?

Lily Chao : Finsense is Findora’s consensus algorithm, which enables a stable, high- throughput, and public network secured by both real-world trust anchors and stake. Finsense uses FIN tokens to represent consensus seats. The total supply of FIN tokens is large enough so that in theory anyone in the world could participate in consensus, however, individual validators may own more than one seat. A validator’s influence in the protocol is proportional to the number of seats it holds. Until this part, no much differences to a good PoS.

So long as the FIN-based consensus protocol appears to be operational and secure, honest  validators leverage the protocol itself to process all FIN transfers. However, if honest validators detect a security break or the FIN- based consensus gets stuck then these validators fall back to an FBA system to help resolve the error.  In this sense the consensus protocol consists of two “channels”: a main PoS channel and a secondary FBA channel that is activated only when the PoS channel fails.

We design the consensus in this fashion to favor the network consistency over liveness. Becasue consistency is more important when the asset deployment scale is large.

Q2. From @Kvndvr Findora will aim to support any kind of assets, which is a huge goal. What is measurement will you implementing to avoid scam assets infiltrating Findora system?

Lily Chao : Findora is fundamentally a blockchain technology platform and will provide a balance between transparency and confidentiality. We provide tools that enable users to demand more transparency. Our auditing tools enabled by ZKP can give users a holistic view of assets. Users will be able to assess the assets much more efficiently than on a traditional fragmented system. The Findora ledger gives people the ability to see thoroughly without infringing on business privacy. For instnce, synthetic ZK tools like proof of solvency, proof of whitelisted assets and prood of current ratio etc can provide consumers an holistic view of the key auditing parameters without disclosing raw financial data. Ponzi Schemes and fraudsters will hate these tools!

Q3. From @Alzakky07_ Liquidity has always been a major concern in trading, especially since DEX emerged. How does $FIND keep liquidity levels stable?

Lily Chao : in a DEX context, liquidity is tricky. Liquity is measured by how quick one can sell or buy an asset at a fair market price.

We design and encourage DeFi developers to design incentive program such as L2 liquidity mining to attract more liquidity providers. Meanwhile, balanced liqudity can also be achieved with muiti-pair amotic swaping. Findora token can be used as an intermedia to bridge the liquidity among many pairs. The network will help find the quickest routing between any two assets’ exchange.

Q4. From @aflah_khoirul Findora wants to provide high quality and cost effective services, based on community participation, so what strategies are you using to create and connect with a community that is truly interested in your project?

Lily Chao : Findora Foundation has ecosystem fund, community Ambassador program, developer’s incubation program.

We are also working on community developer teams to develop mobile based wallets, gamified super light client and privacy preserving stable coins to support the growth of the communities around the world, especailly in the less affluent areas. We believe the financial access should be fair.

Q5.From @untillthemoon Findora database, ZkLDB, is entrusted to carry out constant checks and audits that pre-serve privacy. How often are they carried out? In case anomalies are found, how will it be solved?

Lily Chao : ZKLDB is one of Findora’s enterprise friendly product co-developed with Tencent Group, one of the world’s larget Internet group. This is a transaction as a service clould all types of enterprises can outsource their transactions to ZKLDB without worrying clould based issues such as data leakage. The ZKLDB is cryptographically connected with Findora public chain so that the interoperability is all about it.the revenue from this ZKLDB will also flow into the public chain constituents.


@nayla_201 There are three core issues in encryption and blockchain technology, namely security, interoperability and scalability. How does FIND overcome these problems?

Lily Chao :
We are lucky enough to have the technical and product capacity to address all these issues: 1. security is being guaranteed by advanced cryptography. We are even working on Quantum resistant ZKPs to be future proof; 2. Interoperability is the core competency: we use Verifiable Computing Framework to ensure assets interoperability won’t be messed up; 3. scalability at Findora is addressed by ZK Rollups and RSA Accumulator based storage decoupling: 100X-1000X efficiency gain.

@shabir_bin_abdulkareem Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is your project also like this? If not can you tell us, What makes your project different from other projects?

Lily Chao : No. We are a mission driven organization with clearly defined goals and consistent investment in human capital and developent. It is a long term play. The team, the tech and research and the product startegy and the tokenomics set us apart !

@yadisuhendra_24 What are the main reasons that make findora want to build a new generation of financial infrastructure that enables transactions with transparency that maintains privacy? How is findora’s next step to make all cryptocurrencies earn the trust of traders and investors?

Lily Chao :  Apparently the need to move the world onto a better financial infrastruture. The blockchain with no transparency simply won’t work.

@Masbendott  DeFi project is very popular and there are many DeFi projects right now, what are your plans for now? what makes $FIND unique?

Lily Chao : Findora is the infrastructure for DEFI. We provide all necessary tools to empower Defi developers to create applications otherwise not possible on Ethereum. Such as Dark Pool Dex, Privacy preserving DAOs, confidential cross-border payment, etc

We help all types of financial application builders onto Blockchain.

In the near future, I believe we can trade private stocks on Findora.

@kinami13 I want to know, what are the main risks you see for the Findora project now? How do you deal with them in order to develop the project in the long term and attract investors?

Lily Chao :  There are systematic risk and risk for strategic decision making. Usually one fails because of its own mistakes. We are very focused on community building and product developent. To keep our research cuttimg edge, we heavily invest in Findora Advanced Research Institution where we have a group of elite researchs working on applied cruptography, MPC and hardware acceleration etc.

We believe in hard work, efficient decision making and creating intrinsic value for the community.

  •Telegram Group official : @findoraen & @FindoraANN

  •Twitter official Findora:

  •Website :

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