Introducing Solidum NetworkSolidum is an open, ditributed computing platform that lets anyone build and use decentralized applications that run on blockchain technology.
A decentralized, transparent, manipulation-resistant, world-wide singleton computer publicly accessible to everyone. Unlike other networks, Solidum, forked from Ethereum, uses a new proof-of-work algorithm called ProgPoW, designed to close the efficency gap available to specialized ASICs. Like Bitcoin and Ethereum, no one controls or owns Solidum – it is an open-source project built by many people around the world. There is no ICO, and no pre-mined coins on Solidum Network. The project is fully backed by the Solidum Development Fund (SDF), using a fee-based funding model. This approach would provide us with a more sustainable funding source for the long-term planning of the Solidum platform and its community. The Solidum protocol was originally conceived as an upgraded version of a cryptocurrency, providing advanced features such as on-blockchain escrow, withdrawal limits, financial contracts, gambling markets and the like via a highly generalized programming language. The Solidum protocol would not "support" any of the applications directly, but the existence of a Turing-complete programming language means that arbitrary contracts can theoretically be created for any transaction type or application. What is more interesting about Solidum, however, is that the Solidum protocol moves far beyond just currency. Protocols around decentralized file storage, decentralized computation and decentralized prediction markets, among dozens of other such concepts, have the potential to substantially increase the efficiency of the computational industry, and provide a massive boost to other peer-to-peer protocols by adding for the first time an economic layer. Finally, there is also a substantial array of applications that have nothing to do with money at all.
The concept of an arbitrary state transition function as implemented by the Solidum protocol provides for a platform with unique potential; rather than being a closed-ended, single-purpose protocol intended for a specific array of applications in data storage, gambling or finance, Solidum is open-ended by design, and we believe that it is extremely well-suited to serving as a foundational layer for a very large number of both financial and non-financial protocols in the years to come.
What is ProgPoW?ProgPoW is a proof-of-work algorithm designed to close the efficency gap available to specialized ASICs. It utilizes almost all parts of commodity hardware (GPUs), and comes pre-tuned for the most common hardware utilized in the Ethereum-like networks.
The Solidum Ambassador ProgramWe’re seeking talented people who will represent our project and communicate our technology and vision to their local communities. Apply today, and come help us build a decentralized future.
The Solidum Ambassadors Program will enable the establishment of regional communities through the involvement of the Ambassadors who will be responsible for organizing events and other awareness programs at a local level.
Solidum Mainnet LaunchSolidum is currently planned to be released in four major steps called Era's. Each Era will contain important changes affecting the underlying functionality and the incentive structure of the platform.
- Mainnet ERA 1 Launch: We're pleased to announce that Solidum's Stage 0: The Preparation, is now over and we are moving fast towards Stage 1: The Mainnet Launch. The release of the open-source client has been scheduled for April 12th 2019 at 00:00 UTC +0. Follow the launch progress: https://solidum.network
The EcosystemWelcome to the Solidum Ecosystem:
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