https://twitter.com/elementrem/status/920198395968421888Elementrem will be listed on HitBTC.
Some key business and Blockchain trends are converging which ideally suit core mainframe values. And yet, we have been keeping an eye on the situation because the extent to which the potential impact of blockchain applications can be improved. But obviously we have been doing a major update of Elementrem, and since the Elementrem platform was released in July 2016, it has always been consistently reliable.
Arnold Toynbee - It is a paradoxical but profoundly true and important principle of life that the most likely way to reach a goal is to be aiming not at that goal itself but at some more ambitious goal beyond it.Now We've set important goals, And we are very pleased to be with HitBTC at the beginning of that goals.
Elementrem uses Ethereum technology and has been using quite a few Git repositories with regular updates. Ethereum is a tremendous masterpiece, and I will not deny that Elementrem is a replica. But Simply compare Ethereum as petroleum resources and Elementrem as coal resources. Petroleum resources are the foundation for a high-level industry and boast tremendous utility. But for those who simply need just heating, coal will be cheaper and more useful than oil. We think SmartContract can come up with similar issues. For those who think Ethereum Gas Price is expensive and want to take advantage of simple features, Elementrem may be more attractive. Elementrem is essentially compatible with Ethereum's Smartcontract, but at the same time it is very cheaply available. The entire elementrem platform environment is designed to work in concert to provide the total operational control of flexibly adapt to the inevitable changes and fluctuations in the marketplace. So, We believe we goad it towards that goal in a number of ways.
Elementrem Solidity will be upgraded within mid-November, and when this update is complete, some command modifications will make Ethereum's SmartContract compatible with almost 90%. Of course, Elementrem Solidity is still working very well, and you can find out about it in the Elementrem official webpagelink and Elementrem Github-SmartContract eg. When the update is completed in mid-November, it will be much stronger than now. After that, the new block explorer will be equipped with contract tracking. These technologies enable end users and organizations to efficiently use the `Contract` they want.
You will probably be wondering, in conjunction with the Elementrem Difficulty bomb, whether we will choose between POW and POS in the future. Befor I tell you, Elementrem successfully performed Tron HardFork at 1.9 million block, which includes adjusting the mining reward. Therefore, mining reward adjustment is not considered.
We can assure you that hardfork that solve `difficulty bomb` will be carried out at the right time. And we are enthusiastic about Ethereum Metropolis, so there is a high probability that we will convert Elementrem into a POS system in the future, but this is not yet clear. The fundamental principles of these update direction is to ensure that existing ELE holders benefit, and future updates will continue to adhere to these principles, so stay tuned.
