As we have been rather quiet in here the last weeks. let me give you all an update on our progress:
SwapWe started and concluded the swap of the old Eden coin to Reden coin:
These were the numbers at the end of april 30th after officially closing the form for swap submissions:
Final Statistics of swap:Total sent in Eden: 2 482 575 Eden
Total Eden claimed: 2.629.508 Eden
Total Entries: 812 form entries
Swapped Reden: 2 380 782 REDN
Swapped Entries: 649
Claims still open: 37 entries.
Claims invalid: 57 entries
not swapped claimed EDEN: 248 726 Eden
Since the swap ended some of the open claims have been resolved and in the days after the swap some people have come forward with some very legitimate reasons why they could not make the swap so the total coins swapped is a bit higher than here. Because there are still some entries open and actively being pursued, these numbers have not yet been updated. Once these are closed the totals will be know but for now we have swapped about 85% of the total circulating supply of Eden at the chain swap.
On that matter since the community in discord has voted to end all swaps on the 2nd of may at 22h it is no longer possible to swap your old eden coins for new reden coins
NetworkIn the first 24-48 hours of the network we have had some problems with stability but the cause for this was determined and fixed by our development team. In the days following there was also an update of the wallets so that these problems should be mostly solved now. All wallets as of the latest version sync very good and should have no longer any problems with connecting to the network.
MiningWe have a network hash varying between 4.5 to 5 gh/s and growing over the last weeks. The difficulty is currently about 140 and this means that at the time of posting the following results can be had:
- 1080 ti: +/- 65 redn a day
- 1050 ti: +/- 15 redn a day
- rx560: +/- 12 redn a day
MasternodesCurrently we have 362 running masternodes with 54 requiring a restart or just started.
This means that a masternode is giving on average about 35 Redn a day.
ProgressProductWe are about to release a proof of concept of the rating/score/review system where as the results of any rating will be posted on our website. Stay tuned for that
In the mean time the dev team is working on determining the full course of action to realize the goals set out from the beginning. This involves looking for the technical solutions on how we can all implement it in a reliable way in the blockchain.
ExchangeWe have been listed on a small new exchange which we can't endorse for the moment as we have not yet enough confidence in their reliability nor intentions in the long run. So you can trade Redn on qtrade as mentioned by that team earlier in this thread, but be cautious and do this at your own discretion. Don't say we have not warned you.
In the mean time we are contacting several bigger exchanges with some decent volume, to find out which are the exact conditions to be listed and what is the cost. By this process we have already eliminated quite a few and the following weeks we will present the possible candidates on our discord server to be voted for.
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That's in very short what we have been up to, if you have any questions feel free to join our
discord or
telegram and ask whatever question you want. It might take some time due to time zone difference but every question should be answered and if not please tag me and I will respond.
