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Author Topic: [ANN] Minereum - First Self Mining Smart Contract  (Read 434276 times)
vvinam
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April 20, 2017, 12:42:59 PM
 #361

hi i'm happy than you have fixed issue..no airdrop méthode is perfect, but some  can be more than others..i always think social network is a good soluce for equity distrib because..yu can filter fake account..ex : all account (fb,tw,reddit,bt..) wich no have of message of more 1 mounth is posted by autor, will be doesn't admit..thats just a exemple..others filter can be applied.

filter time was good id also..this reduce numbers of fake addresses.

my friend have a thousand acc fb
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April 20, 2017, 01:41:44 PM
 #362

The latest models of smart contract to collect ethereum address, may be a good idea  Cheesy

This model is new and novel way to go about things but can the team be fair with the distribution, I don't know how they want to about the development since their is no fund set aside for that purpose.
Well we hope dev serious about this project  Smiley
it was a free coin who cares, only suggestion is to be very carefull when you buy,  dont forget 1000 airdrop just one can be real project the other one are fake project just to make some bct, advice you dont cry later! Wink
I strongly agree with you, we wait for good news from the dev  Smiley
1000 airdrop just one can be real project , you are tell the true!

Dev has proved his hard work, let's support him to complete this project
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April 20, 2017, 03:04:23 PM
 #363

The latest models of smart contract to collect ethereum address, may be a good idea  Cheesy

This model is new and novel way to go about things but can the team be fair with the distribution, I don't know how they want to about the development since their is no fund set aside for that purpose.
Well we hope dev serious about this project  Smiley
it was a free coin who cares, only suggestion is to be very carefull when you buy,  dont forget 1000 airdrop just one can be real project the other one are fake project just to make some bct, advice you dont cry later! Wink
I strongly agree with you, we wait for good news from the dev  Smiley
1000 airdrop just one can be real project , you are tell the true!

Dev has proved his hard work, let's support him to complete this project

Hope you are right ,Not just like AQUA...
fudster
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April 20, 2017, 03:30:12 PM
 #364

When is the start of airdrop?


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atchoum6760
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April 20, 2017, 05:53:37 PM
 #365

When is the start of airdrop?
Update

Hi everyone,

Our analysis is now completed and we are all set to deploy.

The Smart Contract will be deployed somewhere in the next 48 hours.

The coins will be distributed to all Genesis Addresses.


We will update here once the deployment is done.

Stay tuned!

Read.


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April 20, 2017, 08:59:22 PM
 #366

How do we see the tokens in our wallets if we are using myetherwallet?
therealbigcoin
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April 20, 2017, 09:32:18 PM
 #367




I just made a Telegram group for all of us: https://t.me/joinchat/AAAAAEGTnsYCLx9H5rGQdQ <-- Join here
I will update all relevant news as soon as posible by watching this thread and posting to the group. @Dev feel free to join us and become the Admin of the group if you want to  Wink

Cheers  Shocked

over 20 Members already, do we ever get any address/person in there? Keep joining Wink
Cheers  Grin
keyboardwalking
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April 21, 2017, 12:04:01 AM
 #368

How do we see the tokens in our wallets if we are using myetherwallet?
Jcga
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April 21, 2017, 12:14:05 AM
 #369

When is the start of airdrop?
Update

Hi everyone,

Our analysis is now completed and we are all set to deploy.

The Smart Contract will be deployed somewhere in the next 48 hours.

The coins will be distributed to all Genesis Addresses.


We will update here once the deployment is done.

Stay tuned!

Read.

Lu.
Very good, great massive work dev.


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giagge
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April 21, 2017, 06:28:31 AM
 #370

Great work dev , very great work .

Pls continue to write news for distribution and other .
minereum
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April 21, 2017, 06:55:33 AM
Last edit: May 19, 2017, 08:04:19 PM by minereum
 #371

Smart Contract Deployed

Hi everyone,

minereum is now deployed on the ethereum network, the first ever Self Mining Smart Contract.

All 4268 Genesis Addresses were credited with 32,000 coins.

minereum Smart Contract address

0x1a95b271b0535d15fa49932daba31ba612b52946

To add minereum to your ethereum wallet
Address: 0x1a95b271b0535d15fa49932daba31ba612b52946
Token Name: minereum
Symbol: MNE
Decimals: 8

Interface

[{"constant":true,"inputs":[],"name":"name","outputs":[{"name":"","type":"string"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"currentEthBlock","outputs":[{"name":"blockNumber","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"initialSupplyPerAddress","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"totalSupply","outputs":[{"name":"totalSupply","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"totalGenesisAddresses","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[{"name":"_address","type":"address"}],"name":"availableBalanceOf","outputs":[{"name":"Balance","type":"uint256"}],"payable":false,"type":"function"},{"constant":false,"inputs":[{"name":"_caller","type":"address"}],"name":"setGenesisCallerAddress","outputs":[{"name":"success","type":"bool"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"maxTotalSupply","outputs":[{"name":"maxSupply","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"decimals","outputs":[{"name":"","type":"uint8"}],"payable":false,"type":"function"},{"constant":true,"inputs":[{"name":"","type":"address"}],"name":"balanceOf","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":false,"inputs":[{"name":"_address","type":"address[]"}],"name":"setGenesisAddressArray","outputs":[{"name":"success","type":"bool"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"symbol","outputs":[{"name":"","type":"string"}],"payable":false,"type":"function"},{"constant":false,"inputs":[{"name":"_to","type":"address"},{"name":"_value","type":"uint256"}],"name":"transfer","outputs":[],"payable":false,"type":"function"},{"constant":true,"inputs":[{"name":"","type":"address"}],"name":"genesisAddress","outputs":[{"name":"","type":"bool"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"rewardPerBlockPerAddress","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"currentBlock","outputs":[{"name":"blockNumber","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"initialBlockCount","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"genesisCallerAddress","outputs":[{"name":"","type":"address"}],"payable":false,"type":"function"},{"inputs":[],"payable":false,"type":"constructor"},{"anonymous":false,"inputs":[{"indexed":true,"name":"from","type":"address"},{"indexed":true,"name":"to","type":"address"},{"indexed":false,"name":"value","type":"uint256"}],"name":"Transfer","type":"event"}]

Checking balances

There are 2 balances in minereum:

1. The overall balance - Function balanceOf()
2. The available balance (aka mined coins) - Function availableBalanceOf()

Mining

As explained in the white paper, "mining" in minereum is performed on the fly with a mathematical formula.

The total coins created is 0.00032 MNE per Genesis Address and per ethereum block.

As we have 4268 Genesis Addresses and as an ethereum block takes an average of 15 seconds, this is the aprox. MNE mined per day:

[TotalGenesisAddresses] * [RewardPerAddress] * [TotalEthBlocksPerDay] = Total Coins Generated Per Day

4268 * 0.00032 * 5760 = 7866.7776 MNE per day

As a comparision example:

ethereum has a total of 5 coins created per block, which makes the total coins generated per day at 28800 ETH.

minereum has a creation rate 72% lower than ethereum.

Total Supply

There are 2 important supplies in minereum:

1. The overall total supply - Function maxTotalSupply()
2. The available supply - Function totalSupply()

Take into account that minereum has 8 decimals so the return of these functions must be divided by 100000000 to get the real amount of MNE.

maxTotalSupply

Each Genesis Address is now credited with 32,000 coins.

There is a total of 4268 Genesis Addresses.

The overall total supply: 32000 * 4268 = 136,576,000 MNE

It will take aprox. 47 years to reach the total supply.

totalSupply

The available supply for transfer can be calculated using this formula:

Code:
function totalSupply() constant returns (uint256 totalSupply)
{
minedBlocks = block.number - initialBlockCount;
availableAmount = rewardPerBlockPerAddress*minedBlocks;
return availableAmount*totalGenesisAddresses;
}

The initial initialBlockCount is 3516521 (April 11, 2017).

By default all Genesis Address will have a mining of aprox 10 days and therefore will have an available balance of aprox 18 MNE.

The available total supply is then: 18 * 4268 = 76824 MNE

Limitations of Genesis Addresses

The Genesis Addresses are the addresses where the initial coins were distributed. There will be no more coins than the ones that were distributed to these addresses, to guarantee the whole function of minereum these limitations apply for Genesis Addresses:

1. Genesis Addresses cannot receive coins. If coins are transferred to these addresses the transaction will be rejected and there will be an error in the ethereum transaction.

2. The available coins for transfer for the Genesis Addresses is limited to what is explain in the "Mining" point. If a Genesis Address attempts to transfer more funds than what is available as per the availableBalanceOf function, an error will be returned in the ethereum transaction.

All other addresses are free of these limitations.

Source Code

https://github.com/minereum/Minereum/blob/master/minereum.sol

Minereum - The First Self Mining Smart Contract

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kundouzhishou
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April 21, 2017, 07:06:37 AM
 #372

Smart Contract Deployed

Hi everyone,

The minereum Smart Contract is now deployed in the ethereum network.

All 4268 Genesis Addresses were credited with 32,000 coins.

minereum Smart Contract address

0x1a95b271b0535d15fa49932daba31ba612b52946

To add minereum to your ethereum wallet
Address: 0x1a95b271b0535d15fa49932daba31ba612b52946
Symbol: MNE
Decimals: 8

Interface

[{"constant":true,"inputs":[],"name":"name","outputs":[{"name":"","type":"string"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"currentEthBlock","outputs":[{"name":"blockNumber","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"initialSupplyPerAddress","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"totalSupply","outputs":[{"name":"totalSupply","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"totalGenesisAddresses","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[{"name":"_address","type":"address"}],"name":"availableBalanceOf","outputs":[{"name":"Balance","type":"uint256"}],"payable":false,"type":"function"},{"constant":false,"inputs":[{"name":"_caller","type":"address"}],"name":"setGenesisCallerAddress","outputs":[{"name":"success","type":"bool"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"maxTotalSupply","outputs":[{"name":"maxSupply","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"decimals","outputs":[{"name":"","type":"uint8"}],"payable":false,"type":"function"},{"constant":true,"inputs":[{"name":"","type":"address"}],"name":"balanceOf","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":false,"inputs":[{"name":"_address","type":"address[]"}],"name":"setGenesisAddressArray","outputs":[{"name":"success","type":"bool"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"symbol","outputs":[{"name":"","type":"string"}],"payable":false,"type":"function"},{"constant":false,"inputs":[{"name":"_to","type":"address"},{"name":"_value","type":"uint256"}],"name":"transfer","outputs":[],"payable":false,"type":"function"},{"constant":true,"inputs":[{"name":"","type":"address"}],"name":"genesisAddress","outputs":[{"name":"","type":"bool"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"rewardPerBlockPerAddress","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"currentBlock","outputs":[{"name":"blockNumber","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"initialBlockCount","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"genesisCallerAddress","outputs":[{"name":"","type":"address"}],"payable":false,"type":"function"},{"inputs":[],"payable":false,"type":"constructor"},{"anonymous":false,"inputs":[{"indexed":true,"name":"from","type":"address"},{"indexed":true,"name":"to","type":"address"},{"indexed":false,"name":"value","type":"uint256"}],"name":"Transfer","type":"event"}]

Checking balances

There are 2 balances in minereum:

1. The overall balance - Function balanceOf()
2. The available balance (aka mined coins) - Function availableBalanceOf()

Mining

As explained in the white paper, "mining" in minereum is performed on the fly with just a mathematical formula.

The total coins created is 0.00032 MNE per Genesis Address and per ethereum block.

As we have 4268 Genesis Addresses and as an ethereum block takes an average of 15 seconds, this is the aprox. MNE mined per day:

[TotalGenesisAddresses] * [RewardPerAddress] * [TotalEthBlocksPerDay] = Total Coins Generated Per Day

4268 * 0.00032 * 5760 = 7866.7776 MNE per day

As a comparision example:

ethereum has a total of 5 coins created per block, which makes the total coins generated per day at 28800 ETH.

minereum has a creation rate 72% lower than minereum.

Total Supply

There 2 important supplies in minereum:

1. The overall total supply - Function maxTotalSupply()
2. The available supply - Function totalSupply()

Each Genesis Address is now credited with 32,000 coins each.

There are a total of 4268 Genesis Address.

The overall total supply: 32000 * 4268 = 136,576,000 MNE

It will take aprox. 47 years to reach the total supply.

Limitations of Genesis Addresses

The Genesis Addresses are the addresses where the initial coins were distributed. There will be no more coins than the ones that were distributed to these addresses, to guarantee the whole function of minereum these limitations apply for Genesis Addresses:

1. Genesis Addresses cannot receive coins. If coins are transferred to these addresses the transaction will be rejected and there will be an error in the ethereum transaction.

2. The available coins for transfer for the Genesis Addresses is limited to what is explain in the "Mining" point. If a Genesis Address attempts to transfer more funds than what is available as per the availableBalanceOf function, an error will be returned in the ethereum transaction.

All other addresses are free of these limitations.

Congrats dev ! so what is the next step ? what is MNE for ?  i think this is what everyone here concerns most
Coin_trader
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April 21, 2017, 07:09:48 AM
 #373

is there any plan to add the token in an exchange initiated by the dev or those bounty holders must do their part to request for an addcoin request to those exchanges? tokens are just token and still nothing or worthless if not listed and can be traded in an exchange.
anyway, congrats dev for a job well done.


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denam
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April 21, 2017, 07:23:31 AM
 #374

Fantastic work done. It must be appreciated though I am not technical person but looks good how the specifications and smart contract will work. That is great it will take about half a century to see it reaching to its maximum supply. I appreciate all the efforts and hard work.
tan625747
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April 21, 2017, 07:26:46 AM
 #375

this  coin  ,what happed  on this coin
bitwonder
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April 21, 2017, 07:33:48 AM
 #376

so for each Genesis Addresses it will mine around 1.36 mne per day by it self
or do we need to do anything at all Dev ?

it will produce by it self for each Genesis Addresses ?
minereum
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April 21, 2017, 07:35:46 AM
 #377

so for each Genesis Addresses it will mine around 1.36 mne per day by it self
or do we need to do anything at all Dev ?

it will produce by it self for each Genesis Addresses ?

mined by the code itself

Minereum - The First Self Mining Smart Contract

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cryptospreader_temp
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April 21, 2017, 07:45:13 AM
 #378

Such a nice development from the dev. Congrats! And Wishes to all the Genesis Address holders.
adamgud
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April 21, 2017, 07:49:21 AM
 #379


Bravo Dev. Great job. I got my coins. Look forward to the exchanges.

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GoldenUnity
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April 21, 2017, 08:19:19 AM
 #380

I've received my MNE tokens. Thanks Dev. Excellent work!

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