Dear AeriumX Community,

With the sudden notification of a pending delisting of AEX on Crypto-Bridge.org, we will be left with no exchange supporting AEX trading. We all have seen the excitement, momentum, (and price) dwindle this past year or so. It's come to a point that AEX needs to make some major changes to overcome development stagnation and the affects of this prolonged crypto winter.

The biggest change being considered right now is changing AeriumX's consensus algorithm to Proof of Capacity while keeping the rest of the PIVX codebade. For those not familiar with it, you can read the Burst wiki - https://burstwiki.org/en/proof-of-capacity/ . The goal here is to not only have the first PoC coin with Masternodes, but also tap into the currently growing PoC mining community.

Changing the consensus algorithm isn't going to do the trick all by itself. There are a lot of other aspects to consider, and we need input from the community. We will start by putting almost any options on the table..namely, opinions on any mixture of -

- Rebrand/Name Change
- Chain Fork
- Add Premine
- Chain Restart
- Dev Fund Increase

We will need funding one way or another, so we need to keep this in mind for team building, exchanges, etc. As for team building, when the time comes, we will be looking for community managers, system admins, designers, developers, developers, and marketers.

We are opening up discussion in #brainstorming, and are looking forward to what everyone has to say.

Thank you for your ongoing support!


https://discord.gg/GG46Mxj

Miners update, including some small fixes:

AMD:

https://github.com/KL0nLutiy/sgminer-kl/releases/tag/kl-1.0.5fix

Nvidia:

Windows x64 build:
https://mega.nz/#!4DoxFTII!lSMUs1JwJEGP94wo34IvwXb9wQ8ieoYCUjfAldC1lak

Linux (Ubuntu, HiveOS)

Cuda 8.0: https://mega.nz/#!gaZXHTrB!_OMWehWyCELgxOBSrqqIi2VHKI1jI4aZ0l9YKN1fRm4

Cuda 9.0: https://mega.nz/#!IC4AnKQA!XRbo89nyxYvif705QpfVCPR89FjxzyAKHveBKagnijM

Cuda 9.1: https://mega.nz/#!Ia4hxYJa!Akzn0D_bupqtE42tNmF1CS9iVbbzTWnqx81QWi_t6os

Dear AeriumX Community,

With the sudden notification of a pending delisting of AEX on Crypto-Bridge.org, we will be left with no exchange supporting AEX trading. We all have seen the excitement, momentum, (and price) dwindle this past year or so. It's come to a point that AEX needs to make some major changes to overcome development stagnation and the affects of this prolonged crypto winter.

The biggest change being considered right now is changing AeriumX's consensus algorithm to Proof of Capacity while keeping the rest of the PIVX codebade. For those not familiar with it, you can read the Burst wiki - https://burstwiki.org/en/proof-of-capacity/ . The goal here is to not only have the first PoC coin with Masternodes, but also tap into the currently growing PoC mining community.

Changing the consensus algorithm isn't going to do the trick all by itself. There are a lot of other aspects to consider, and we need input from the community. We will start by putting almost any options on the table..namely, opinions on any mixture of -

- Rebrand/Name Change
- Chain Fork
- Add Premine
- Chain Restart
- Dev Fund Increase

We will need funding one way or another, so we need to keep this in mind for team building, exchanges, etc. As for team building, when the time comes, we will be looking for community managers, system admins, designers, developers, developers, and marketers.

We are opening up discussion in #brainstorming, and are looking forward to what everyone has to say.

Thank you for your ongoing support!


https://discord.gg/GG46Mxj



Old Thread

Yes, I am here since from start, so...

No, there were no flaws at all, it was due to an insane difference between the supply before and now, back on start when the price hit the 2.64$ mark, the current supply was even lower than 300k, and if you do the maths, we are on the same based price as 2.64$

Doing a basic rule of three, inversed.

300.000 - 2.64
160.000.000 - x

X = 0.00495$

http://185.223.31.170:3001/ Supply taken from our explorer, approximate amount.

Actually, the current price is around $0,006916 (According CMC) Please use market capitalization to future references

The renewal is to bring Masternodes and Zerocoin technologies to Aerium, not possible on current chain

Aergo is the new algorithm name 

Hello,
There have been some exciting things emerging behind the scenes with the Developers and we would like to give the Aerium Community some insight!


As we all know, there will be a Coin Swap being conducted in the very near future. For this Coin Swap, the Developers have decided that we will be forking PIVX! PIVX is a very well-established, privacy coin that utilizes the Zerocoin protocol for next level privacy, Masternodes for network security and is also Proof-of-Stake. With this new development comes some complications that we as a Community will need to address. One of the bigger problems is that PIVX does not have a Max Supply. The Aerium team would like to state their position on the No Max Supply and why it can work.


                                                                                                                                                                                                                                                                                                The way PIVX is coded, the block reward is fixed at 4.5 PIVX every minute, this will never increase nor decrease. This accounts for around 4% inflation. However, PIVX has a “soft cap” (a cap on the number of coins produced when a certain condition is met). This soft cap condition is met when there are roughly 15 transactions occurring on the blockchain, the blockchain will start burning the same amount of coins as it is generating. What this means, is that every transaction fee, coins are destroyed/removed from circulation and at around 15 transactions per second, the coin supply burning is equal to the amount that is being generated, creating a neutralizing effect which essentially causes a “soft cap” on the max supply.



Of course, the fork will be coded to meet Aerium’s parameters. Like the 4.5 PIVX block reward will be changed to meet the 10% block reward, the amount of coins needed for a Masternode won’t be the same as PIVX and things of this nature. However, as far as forking PIVX and allowing a seamless transition during the Coin Swap, the limitless supply has to be an option and we recommend it. There is still is a possibility that a hard cap can be executed on the new Aerium Coin. Though, the actual Coin Swap itself won’t be as seamless and because of the perpetual coin burn that PIVX undergoes. If you put a hard cap on the coin, there will eventually be no coins at all. This all would have to be altered during the initial development but can also cause some bugs as we proceed with this evolution.                                                             



Also, both Cryptobridge and Stocks.Exchange gave us the green light on the Coin Swap. Our team is covering the cost associated with re-listing on Stocks.Exchange. We will be taking questions regarding any of these evolutions in the general chat and on our Telegram chat!
                                                                                                                                                                                                                                                                                 
References: pivx.org knowledge base

Remember, we are not forking PIVX blockchain, but we are using PIVX code as a basis

Hello,
There have been some exciting things emerging behind the scenes with the Developers and we would like to give the Aerium Community some insight!


As we all know, there will be a Coin Swap being conducted in the very near future. For this Coin Swap, the Developers have decided that we will be forking PIVX! PIVX is a very well-established, privacy coin that utilizes the Zerocoin protocol for next level privacy, Masternodes for network security and is also Proof-of-Stake. With this new development comes some complications that we as a Community will need to address. One of the bigger problems is that PIVX does not have a Max Supply. The Aerium team would like to state their position on the No Max Supply and why it can work.


                                                                                                                                                                                                                                                                                                The way PIVX is coded, the block reward is fixed at 4.5 PIVX every minute, this will never increase nor decrease. This accounts for around 4% inflation. However, PIVX has a “soft cap” (a cap on the number of coins produced when a certain condition is met). This soft cap condition is met when there are roughly 15 transactions occurring on the blockchain, the blockchain will start burning the same amount of coins as it is generating. What this means, is that every transaction fee, coins are destroyed/removed from circulation and at around 15 transactions per second, the coin supply burning is equal to the amount that is being generated, creating a neutralizing effect which essentially causes a “soft cap” on the max supply.



Of course, the fork will be coded to meet Aerium’s parameters. Like the 4.5 PIVX block reward will be changed to meet the 10% block reward, the amount of coins needed for a Masternode won’t be the same as PIVX and things of this nature. However, as far as forking PIVX and allowing a seamless transition during the Coin Swap, the limitless supply has to be an option and we recommend it. There is still is a possibility that a hard cap can be executed on the new Aerium Coin. Though, the actual Coin Swap itself won’t be as seamless and because of the perpetual coin burn that PIVX undergoes. If you put a hard cap on the coin, there will eventually be no coins at all. This all would have to be altered during the initial development but can also cause some bugs as we proceed with this evolution.                                                             



Also, both Cryptobridge and Stocks.Exchange gave us the green light on the Coin Swap. Our team is covering the cost associated with re-listing on Stocks.Exchange. We will be taking questions regarding any of these evolutions in the general chat and on our Telegram chat!
                                                                                                                                                                                                                                                                                 
References: pivx.org knowledge base

Remember, we are not forking PIVX blockchain, but we are using PIVX code as a basis

Wallet release: v1.9
 
This update has the following changes:

Chain splitting fix:
New reward structure to prevent splitting (250% until block 125000, then 10% forever)
 
Q: WAIT, a chain split?
A: Yes, several chain splits have occurred since the implementation of the gradual decrease in the stake reward at block 110,000.
 
Q: Do I really need to update?
A: Yes this is a mandatory update.
 
Q: Wait, did I lose my coins?
A: No, you didn’t lose any coins. You may have lost some stakes but when you change your chain, your staking factor will make your next stake a pretty big one.
 
For this update, please close your wallet. You will need to run the .bat file that is included in the .zip file that will be downloaded from the link below. This .bat file will delete your old blockchain data.

• Close old wallet
• Run .bat
• Open new wallet and wait to sync, may take few hours

                                                                              !!DON’T FORGET TO BACKUP YOUR WALLET BEFORE YOU UPDATE!!

Windows Qt: https://github.com/aeriumcoin/Aerium/releases/download/v1.9/aerium-qt.zip

Mac: Coming soon...

No, isnt dead, and yes there is a dev team, the price chart its due the coin supply, if you calculate the marketcap before and now, the actual marketcap is higher than before

Somewhat yes, there is only one dev on the team (me) and he is asking for help to designers and anothers devs to bring this coin back to life

Hello Aerium Community,

We want to thank everyone on board including long-term and new investors, this is an exciting time and we have such a strong community base that it will continue to propel our growth into the future. With that being said, Aerium needs a new website. Building out a new website will help with gaining traction in presenting Aerium in a professional manner, which will help in attracting more investment and more buyers.

We have found a really solid web dev that's going to help us out. Their cost is 0.19 BTC, with a 0.08 BTC contingency (to cover if costs run higher) = Total amount of 0.27 BTC. Timeline is 3-4 weeks.

Today we want to bring an exciting offer to the Aerium community, which will help foster our community spirit and provide fun to the team and members.

We are going to be auctioning off 5 Exclusive Aerium Website Insider spots to community members with a minimum reserve bid of 0.03 BTC. In return for their donations, the 5 community members would be put into a secret group onto our discord. The winning bidders are going to be given a sneak peak into the development of the website, which includes things like access to our road map, and ecosystem design prior to the general public release.

If we run into a bidding war and exceed the total amount of 0.27 BTC, we would then allocate those funds into The Aerium Foundation for future research and development.

If in the event of a non-paying high bidder, the second highest bidder will be chosen.

Auction Link: https://www.32auctions.com/organizations/39064/auctions/47483?t=all

Let's get the ball rolling and making this a success. Happy Bidding!

Hello Aerium Community

Here is the Staking Structure Update

The new staking structure was delegated among the Aerium community in consultation with the Aerium Team.

To prolong the longevity of the coin, increase value, and build a sustainable future. The following will be implemented as the staking structure. The Staking Structure will gradually be changed.

From block 101,000 to 110,000 it will remain 1000% Apr.

After block 110,000 it will start reducing gradually to the new staking structure within  a months time span.

This structure will be as follows. 10% APR for normal blocks. Blocks that end in 25, 50 and 75 = 50% APR and blocks that end in 00 = 100 APR.

Yeah, because you need to reset your blockchain data when you update from a wrong chain to correct chain

There was a madness between the blocks 45k and 50k, if you were running v1.5 or v1.6 during then, you were on a complety different/wrong chain, when you came back to the correct chain, you lost your coins because the coins that are generated on the wrong chain doesnt exist/are invalid on the correct chain

Explorer is restored and online, sorry of any incovenience



Core dev (and the last member of the official 4 members on the launch) saying

I am pretty active on discord, i had worked hard to get everything on the correct trails, we have released the first website more than one month ago (aerium.info) then, the community helped me to release another (and better/updated website, aerium.co)

Also, if you have any questions, please enter our discord and PM me, i will be glad to answer anyone https://discord.gg/CQRdN3x

Open the wallet console and type repairwallet, this should fix your balance