[ANN][ELE] Elementrem - Smartcontract BlockChain | More Fast, More convenient

[elmanager]

  

      

Good days are coming for Elementrem!!!  

  
    

https://news.microsoft.com/2016/09/27/microsoft-and-bank-of-america-merrill-lynch-collaborate-to-transform-trade-finance-transacting-with-azure-blockchain-as-a-service/#sm.0010weoi677mfok119g2mb73tnb4p

"Microsoft and Bank of America Merrill Lynch collaborate to transform trade finance transacting with Azure Blockchain as a Service"

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[elementrem]

Elementrem Wallet 0.8.32 upgrade has been completed.
https://github.com/elementrem/mist/releases

Gele CLI 1.4.14 upgrade has been completed.
https://github.com/elementrem/go-elementrem/releases

I'm sorry to bother you frequent updates. But Elementrem is the Ethereum Fork. I need to be looked at in the round, with the overall issue of reliability, safety, permanence. Therefore, If there is a significant update to the Ethereum, I must massive review it and applies to the elementrem.
Gele 1.4.14 & Mist Wallet 0.8.32 testing has completed successfully on network. Thank you!

- 3rd hotfix - Prevent a Network Attack.
- Prevent a mitigate the sync-related issues on the main-net

[kellendil]

Elementrem Wallet 0.8.32 upgrade has been completed.
https://github.com/elementrem/mist/releases

Gele CLI 1.4.14 upgrade has been completed.
https://github.com/elementrem/go-elementrem/releases

I'm sorry to bother you frequent updates. But Elementrem is the Ethereum Fork. I need to be looked at in the round, with the overall issue of reliability, safety, permanence. Therefore, If there is a significant update to the Ethereum, I must massive review it and applies to the elementrem.
Gele 1.4.14 & Mist Wallet 0.8.32 testing has completed successfully on network. Thank you!

- 3rd hotfix - Prevent a Network Attack.
- Prevent a mitigate the sync-related issues on the main-net

Updates are always good dev, thanks

[elementrem]

Elementrem Solidity Programming Language 0.4.2 upgrade has been completed.

https://github.com/elementrem/solidity/releases
https://github.com/elementrem/solidity
Solidity is a high-level language whose syntax is similar to that of JavaScript and it is designed to compile to code for the Elementrem Virtual Machine.

More informations, https://github.com/elementrem/

[valley365]

what's new of elementrem as compared to etheruem?

[tomsmith26]

what's new of elementrem as compared to etheruem?

the same as etherum but pre-mined more 90% for dev .

[dvachayu]

Pump ELE... 

[lucky80]

Pump ELE... 

Buy more....talk less

[Golftech]

Pump ELE... 

Buy more....talk less

right keep supporting and wait for the bounce back or hold for long term investment.

[elementrem]

Elementrem Wallet 0.8.45 upgrade has been completed.
https://github.com/elementrem/mist/releases

Gele CLI 1.4.15 upgrade has been completed.
https://github.com/elementrem/go-elementrem/releases

- 4th hotfix - Prevent a Network Attack.
- Wasted CPU resources by abusing the EVMs JUMPDEST cache's key generation.
- Huge memory and CPU consumption by abusing quadratic contract state dirty tracking.

Testing has completed successfully on the network. This is a very stable version. Please update ASAP!
Thank you!

[scorpio18]

Elementrem Wallet 0.8.45 upgrade has been completed.
https://github.com/elementrem/mist/releases

Gele CLI 1.4.15 upgrade has been completed.
https://github.com/elementrem/go-elementrem/releases

- 4th hotfix - Prevent a Network Attack.
- Wasted CPU resources by abusing the EVMs JUMPDEST cache's key generation.
- Huge memory and CPU consumption by abusing quadratic contract state dirty tracking.

Testing has completed successfully on the network. This is a very stable version. Please update ASAP!
Thank you!

https://ele.coin-miners.info/#/ updated the wallet to the latest version 1.4.15

[ecawyna]

what's new of elementrem as compared to etheruem?

the same as etherum but pre-mined more 90% for dev .

This. That 50M premined will scare those who want to buy ELE.

[skyrunnersky]

what's new of elementrem as compared to etheruem?

the same as etherum but pre-mined more 90% for dev .

This. That 50M premined will scare those who want to buy ELE.

Let's compare a case of ELE,KR,EXP (All ethereum clone) to the ETHEREUM.

Ethereum (ETH)
Block Reward: 5
Block Target : almost 13 seconds
It is created approximately "23.07ETH" per minute.

Elementrem (ELE)
Premine - 50 million
Block Reward: 5   (A = Calculated as a ratio of ETH == 1)
Block Target : almost 13 seconds (B = Calculated as a ratio of ETH == 1)
ELE premine address. a748f720f5989f2b541fa9ef3c78236808123635
It is created approximately "23.07ELE" per minute. (1minute=60s / 13s * 5)

Expanse (EXP)
Premine - 11.11 Million
Block Reward: 8   (A = Calculated as a ratio of ETH == 5/8 == 0.625)
Block Target : almost 60 seconds (B = Calculated as a ratio of ETH == 60/13 == 4.615 )
EXP premine address.
0xbb94f0ceb32257275b2a7a9c094c13e469b4563e :  "balance": "10 million"
0x15656715068ab0dbdf0ab00748a8a19e40f28192 :  "balance": "1 million"
0xc075fa11f85bda3aaba67106226aaf086ac16f4e :  "balance": "0.1 million"
0x93decab0cd745598860f782ac1e8f046cb99e898 : "balance": "0.01 million"
It is created approximately "8 EXP" per minute. (1minute=60s / 60s *  8  )

Krypton (KR):
Premine - 10 Million
Block Reward: 0.25 (A = Calculated as a ratio of ETH == 5/0.25 == 20)
Block Target : almost 15 seconds (B = Calculated as a ratio of ETH == 15/13 == 1.153 )
KR premine address. 0xaba6815950482b6280ecbfb263cb657f19847fa1
It is created approximately "1 KR" per minute. (1minute=60s / 15s * 0.25)

We can do it easily math. The ratio effect is easily calculated.

ELE = Premine - 50 million * A * B  = Just 50 million
EXP = Premine - 11.11 Million *A * B = 32.045 million
KR   = Premine - 10 Million * A * B = 230.6 million

It is important to consider the Block Target time and Block Reward and Uncle reward.
and look at ELE block target time. It's fast. you will know what this means. It would be to Uncle reward advantage.
i don't include uncle data in these calculations. if include missing uncle data in these calculations, ELE will have more smaller ratio of premine coin.

ELE has a very very suitable premine coin. and elementrem told coinmarketcap the whole truth premine.

[frostminer]

what's new of elementrem as compared to etheruem?

the same as etherum but pre-mined more 90% for dev .

This. That 50M premined will scare those who want to buy ELE.

Let's compare a case of ELE,KR,EXP (All ethereum clone) to the ETHEREUM.

Ethereum (ETH)
Block Reward: 5
Block Target : almost 13 seconds
It is created approximately "23.07ETH" per minute.

Elementrem (ELE)
Premine - 50 million
Block Reward: 5   (A = Calculated as a ratio of ETH == 1)
Block Target : almost 13 seconds (B = Calculated as a ratio of ETH == 1)
ELE premine address. a748f720f5989f2b541fa9ef3c78236808123635
It is created approximately "23.07ELE" per minute. (1minute=60s / 13s * 5)

Expanse (EXP)
Premine - 11.11 Million
Block Reward: 8   (A = Calculated as a ratio of ETH == 5/8 == 0.625)
Block Target : almost 60 seconds (B = Calculated as a ratio of ETH == 60/13 == 4.615 )
EXP premine address.
0xbb94f0ceb32257275b2a7a9c094c13e469b4563e :  "balance": "10 million"
0x15656715068ab0dbdf0ab00748a8a19e40f28192 :  "balance": "1 million"
0xc075fa11f85bda3aaba67106226aaf086ac16f4e :  "balance": "0.1 million"
0x93decab0cd745598860f782ac1e8f046cb99e898 : "balance": "0.01 million"
It is created approximately "8 EXP" per minute. (1minute=60s / 60s *  8  )

Krypton (KR):
Premine - 10 Million
Block Reward: 0.25 (A = Calculated as a ratio of ETH == 5/0.25 == 20)
Block Target : almost 15 seconds (B = Calculated as a ratio of ETH == 15/13 == 1.153 )
KR premine address. 0xaba6815950482b6280ecbfb263cb657f19847fa1
It is created approximately "1 KR" per minute. (1minute=60s / 15s * 0.25)

We can do it easily math. The ratio effect is easily calculated.

ELE = Premine - 50 million * A * B  = Just 50 million
EXP = Premine - 11.11 Million *A * B = 32.045 million
KR   = Premine - 10 Million * A * B = 230.6 million

It is important to consider the Block Target time and Block Reward and Uncle reward.
and look at ELE block target time. It's fast. you will know what this means. It would be to Uncle reward advantage.
i don't include uncle data in these calculations. if include missing uncle data in these calculations, ELE will have more smaller ratio of premine coin.

ELE has a very very suitable premine coin. and elementrem told coinmarketcap the whole truth premine.

This shit doesnt make sense at all.


Also your KR calcs are off, as a shitload was burned. How do the one with smallest premine and 0,25 blockreward get the highest supply?

Anyways it is irrelevant now as KR isnt ETHbased any more after all the weaknesses were revealed in attacks.
Same goes for SHIFT.

The only ones left are:
ETH
ETC
EXP
SOIL
ELE

[caloydgreat]

If not for the 50M premine, me and my partners can easily raise this coin and of course increase the network hashrate for its protection. There is really no need for that insane amount of premine. As it appears to me and with my partners ,no level headed investor will get involve in this coin.

[dbguru]

@elementrem - Can we get a definitive answer from the dev about the purpose or intent of the huge premine ?

Your silence only reinforces investor's fears.

[dvachayu]

Dev, there is good news? 

[tomsmith26]

Dev, there is good news? 

Nothing to do . dumping all times . it's not good time to invest this coin

[elementrem]

Elementrem Wallet 0.8.47 upgrade has been completed.
https://github.com/elementrem/mist/releases

Gele CLI 1.4.16 upgrade has been completed.
https://github.com/elementrem/go-elementrem/releases

- 5th hotfix - Prevent a Network Attack.
- Improves block processing performance to work around attacks.
- Disables the --jitvm A/B test which previously enabled the experimental JIT VM.
- Implement reverts by journaling all changes

Thank you!

[scorpio18]

Elementrem Wallet 0.8.47 upgrade has been completed.
https://github.com/elementrem/mist/releases

Gele CLI 1.4.16 upgrade has been completed.
https://github.com/elementrem/go-elementrem/releases

- 5th hotfix - Prevent a Network Attack.
- Improves block processing performance to work around attacks.
- Disables the --jitvm A/B test which previously enabled the experimental JIT VM.
- Implement reverts by journaling all changes

Thank you!

https://ele.coin-miners.info/#/ updated the wallet to the latest version 1.4.16