Latest posts of: exereum

Exereum
High-speed Ethereum based blockchain

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The end of fork snaphots

(The last snapshot occurs today at 15:00 UTC)

We are glad to announce the end of the snapshot fixation stage. Everyone who held ETH during all snapshots will receive the same amount of Exereum. Everyone who held ETH during some of the snapshots will receive a proportional amount of Exereum.
At the moment our team is working on the technical aspects of building the main Exereum network and is developing the wallet client.
Stay tuned for the updates!

The AirFund Update

After a successful series of snapshots, our team starts to carry out a new concept to reward the communities of the most successful developing Ethereum projects. We named it AirFund.
AirFund will be using a model of the Ethereum crypto projects rating agency. The most interesting projects who’s teams are really focused on developing their products will be funded with Exereum coins. The projects’ funding will be done to benefit their communities via a snapshots series as we’ve already done with Ethereum.
Soon we will announce 30-50 ETH tokens, whose holders will receive free Exereum.
We’ve previously announced the Sonm and Idex airdrops, their holders will also receive the coins.

Best regards,
Exereum Team.
We decided to implement multisnap conception.
It means that we divide our fork to 10 steps.
The first snapshot occurs 4 July at 15:00 UTC.
1 snapshot 04 July 15:00 UTC - 10% snapshot
2 snapshot 11 July 15:00 UTC - 10% snapshot
3 snapshot 18 July 15:00 UTC - 10% snapshot
4 snapshot 25 July 15:00 UTC - 10% snapshot
5 snapshot 01 August 15:00 UTC - 10% snapshot
6 snapshot 08 August 15:00 UTC - 10% snapshot
7 snapshot 15 August 15:00 UTC - 10% snapshot
8 snapshot 22 August 15:00 UTC - 10% snapshot
9 snapshot 29 August 15:00 UTC - 10% snapshot
10 snapshot 05 September 15:00 UTC - 10% snapshot
You will get 0,1 EXM for 1 ETH on your balance every snapshot step.
You will get 1 EXM for 1 ETH in the end.

Reward program

We announced series of airdrops to the most interesting projects based on Ethereum blockchain. We heard many questions about our selection criteries.
So, everybody who has blockchain based project on Ethereum may send us info.
Airdrop fund is now open for every good project!

We are starting our rewarding campaign for ERC-20 project's communities. We selected candidates for our rewarding airdrop.
Airdrop snapshots will start 24 November 2018
1. IDEX project
1.000.000 EXM fund for distribution between IDXM holders.
2. SONM project
7.200.000 EXM fund for distribution between SNM holders.
3. Cindicator
3.000.000 EXM fund for distribution between CND holders.
4. Iconomi
5.000.000 EXM fund for distribution between ICN holders.
5. Civic
4.500.000 EXM fund for distribution between CVC holders.
6. Eidoo
2.500.000 EXM fund for distribution between EDO holders.
7. MobileGo
4.500.000 EXM fund for distribution between MGO holders.
8. TenX
4.000.000 EXM fund for distribution between PAY holders.
9. Power Ledger
4.200.000 EXM fund for distribution between POWR holders.
10. Bancor
5.500.000 EXM fund for distribution between BNT holders.
11. Decentraland
5.500.000 EXM fund for distribution between MANA holders.
12. Golem
3.500.000 EXM fund for distribution between GNT holders.
13. Populous
6.000.000 EXM fund for distribution between PPT holders.
14. Aeternity
7.500.000 EXM fund for distribution between AE holders.

THE PROJECT FEATURES:

1. Fair distribution
No ICO: this is a fully non-commercial project with a technological research aim.
The initial emission will be partly distributed via a fork among the Ethereum holders. A reserved share will be gradually distributed among the ERC-20 tokens holders.

2. Capacity
The fork is using a 2-level network architecture:
Masternodes are responsible for transactions verification.
POW nodes are responsible for adding blocks and synchronisation.
Moreover, there is a possibility of using the turing-full smart-contracts.

3. The emission
50% of tokens emission is distributed between the masternode holders providing a high speed of transactions processing. The rest 50% of emission is distributed between the POW nodes according to the hashrate proportion.

4. Active cooperation
The team is negotiating with the decentralised services and applications developers to launch it based on our network.
A part of reserved Exereum coins will be gradually distributed over the years between the token holders of these services to grow the network value.

5. Exchanges
The Exereum team is currently negotiating with the exchanges about the users deposit snapshot and a further Exereum listing.

6. Anonymous
We are going to integrate the ZK-snarks certificates powered by ZCash team in our network (look roadmap)

The fork parameters

Ticker: EXM
Fork time: 4 of July 2018 12:00 -18:00 UTC
Initial supply: 200,000,000 3.1. ~ 100,000,000 - Ethereum fork 1:1 3.2. ~ 200,000,000 reserve for distribution among other projects holders.
Emission inflation:
- The first year - 20%
- The second year - 10%
- The third year - 5%
- Later - 3% annually
Rewards distribution:
- Masternodes: 50%
- POW nodes: 50%
Masternode requirements:
- 60,000 Exereum per node
Block size: 2MB
Block interval: 15 seconds
Scalability: 1000-10000 tx per second
Tx Fee: commissions are distributed among the master node holders and the holders in proportion 50/50.
Anonymity: ZK-snarks integration in future plans.

Roadmap
February 2018 - start of the project concept development.
April 2018 - technical research and the development start.
May 2018 - public for announcement.
4 of July 2018 (12:00-18:00 UTC) - fork date (Ethereum blockchain snapshot).
October 2018 - test network launch.
November 2018 - masternode system testing.
December 2018 - main network launch. Public client release v 1.0
No date: ZK-snarks integration
The roadmap will be expanded over the project development.

How to get the Exereum coins
The team is actively negotiating with the exchanges. But to ensure that you get the tokens, you have to hold ETH on any wallet during all the fork period on 4 of July 2018 from 12:00 - 18:00 UTC, that will provided an access to a private key.
After the main net launch everyone who fulfils this stipulation will receive Exereum in proportion 1:1 corresponding to the amount of ETH in the wallet at the moment of the fork.

This is early announcement thread. Follow our updates...