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Author Topic: [ANN][BOUNTY][AIRDROP]⚡️ Electronero ⚡️ ASIC Resistant Electroneum HardFork  (Read 447564 times)
Interchained
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April 23, 2018, 05:17:22 AM
Last edit: January 12, 2019, 11:10:34 PM by Interchained
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A state of the art platform with strong community support.
Reinventing anonymous cryptocurrency by combining the best features of leading CryptoNote coins into a new blockchain.


Upcoming Hard Fork!
The ETNX/ETNXP Hard Fork Was Finalized on Block 510,800. Stay tuned for the next hard fork!
Reinventing anonymous cryptocurrency by combining the best features of leading CryptoNote coins into a new blockchain.

⛏ Dig with us ⛏
Server Location US, Daemon location US
http://pool.electronero.org
Server Location UK, Daemon location US
http://uspool.electronero.org
Payment Interval: 1 minute
Pool Fee: 0.75%
Ports: 1122 && 6666 (low diff) or 3344 && 4455 (high end gear) 6677 (ssl)
https://uspool.electronero.org/#getting_started

Join us in Discord!
https://discord.gg/Msy85Uz
We have a tip bot that rewards you for joining the conversation, and you can !take from the faucet, and also participate in tipping, project funding and games.

We would be happy to have you join the community.


More you will like:

The mobile app beta for Android is here: https://play.google.com/store/apps/details?id=com.electronero.etnx

The mobile app beta for iOS is here: https://docs.google.com/forms/d/e/1FAIpQLSdiWgtPPS5z_FLunsoI_s8dKsI9MJNLK4z3ypBxI720navvVA/viewform

Electronero listed on WhatToMine https://whattomine.com/coins/284-etnx-cryptonightfast
Electronero listed on CoinGecko https://coingecko.com/en/price_charts/electronero/usd
Electronero listed on CoinCalculators https://www.coincalculators.io/coin.aspx?crypto=electronero-mining-calculator
Electronero listed on MiningPoolStatsStream https://miningpoolstats.stream/electronero
Electronero listed on CoinLib https://coinlib.io/coin/ETNX/Electronero
Electronero listed on CoinRanker https://www.coinranker.net/cryptocurrency/electronero
Electronero listed on WorldCoinIndex https://www.worldcoinindex.com/coin/electronero
Electronero listed on CryptUnit https://www.cryptunit.com/coin/ETNX



Electronero Core team has been looking for ways to improve everyday since our launch. We’ve realized that there are just some inherited issues from the parent fork that need to be dealt with head on. The supply is the first issue brought up. So, we’re drastically reducing the supply on ETNX, and as a result of a chain split during an upcoming hard fork a new coin ETNXP Electronero Pulse will be formed…

We as Electronero are a hard fork of Electroneum, ETN is our shared genesis, but we hold no ties to the ETN development or any of the founders and we object to most of their decisions. And so Electronero Core team a unique operation, we have built a segregated alternative and have operated with many complex implementations such as flexibility of ring signatures, Cryptonight Fast algorithm, camel emissions distribution, many attack mitigation tactics, mobile interactivity, most of all user support to a growing world wide community.

Both ETNX Electronero and ETNXP Electronero Pulse have support from participating exchanges, the community, and the core development team. Solid plans have been put in motion for both.

“We are aiming to have new mobile and web interface with updated road maps out by the end of the month in August. While the snapshot will take place on block 500,001 estimated to arrive on October 30th, 2018” — Mark Evans (lead blockchain architect)

How To Participate?
1 ETNX on participating exchanges or in the Electronero mobile app entitles user to 0.00000100 ETNX and 1 ETNXP after the hard fork on block 500,000.

Hard Fork Ratio :
 Public Testnet launch is debuted at block height 407,000. The hard fork  will occur at block height  500,001  and  all  owners  of  Electronero  will  be  de  facto  owners  of  Electronero Pulse.  Owners of Electroneum will also have claim if they had ETN before block 307,000 then they may claim ETNX and ETNXP at a ratio of 1:1000000 ETNX:ETN 1:1 ETNXP:ETN after the upcoming hard fork on block 500,000. After which time the hard fork is finalized we will have holdings in a ratio of 1:1000000 ETNX:ETNXP. The  codebase  for  this  project  is  the  Monero Lithium Luna v0.12.2+ release  core  code  to  which  a  lot  of  modifications  have and are  being  made  in  order  to  provide  a  better, stable, secure, more  reliable  platform  to  current, past Electroneum and present Electronero and future Electronero Pulse members world wide.

What does this mean for ETNX?
Electronero (ETNX) will hold a max supply of 36,103,090.00000000 ETNX max supply and Electronero Pulse (ETNXP) will hold a max supply of >= 500,000,000,000.00 ETNXP. During the coin burn many circulating ETNX will be reduced as we move the decimal from 2 to 8. This allows for a more versatile coin, which will achieve increased trade ability. Both coins will be mineable. Two chains will be formed as a result of a chain split during the hard fork.


PLEASE BE AWARE OF THE RUMORS !!! OUR OFFICIAL WEBSITE IS ELECTRONERO.ORG
ELECTRONERO (ETNX) IS NOT AN ETHER TOKEN. BEWARE OF ETHERDELTA!
The ETNX community operates ELECTRONERO.ORG ELECTRONERO.NET ELECTRONERO.COM ELECTRONERO.INFO

Remember to be safe and come ask us anything you like on Telegram. ETNX is a Hard Fork of Electroneum and ETNX is a CryptoNote based on XMR Lithium Luna v0.12.2 with many improvements from inspiration from Sumokoin and the ideas and concerns raised about by the community.



Contact lead technical advisor and ETNX blockchain developer Mark Evans to become a part of the team.

Interchained on Discord and Telegram.
Mark is a certified full stack web developer and niche marketer. Mark has launched many brands in the past and will use his experience to act as a catalyst for this project.
" We are cooperating with exchange partners to expand into international markets "

Find Mark on Telegram or Discord: @Interchained

INTRODUCTION
Electronero  (ETNX)



Electronero is  a  fork  from  Electroneum  (ETN)  made  by  the  community,  for  the  community beginning building from Monero source v0.12.2 Lithium Luna, one of the most respectable cryptocurrency well-known for security, privacy, untraceability and active development. Starting as an educational project, we found that it would be great to create a new coin with high level of privacy by (1) moving forward right away to Ring Confidential Transactions (RingCT), (2) setting minimum transaction mixins to 12 that would make it high resistance to blockchain analysis attacks..  We found that some of the features of Sumokoin were also interesting to us such as the "bitcoin-like" Camel emission, rather than a traditional Elliptical emission curve. So we implemented that. We also adapted the LWMA as we were advised by mathematician and blockchain theorist Zawy has researched this new difficulty algorithm extensively. Public Testnet launch is debuted at block height 280,000. The hard fork  will occur at block height  307,000  and  all  owners  of  Electroneum  will  be  de  facto  owners  of  Electronero.  The  codebase  for  this  project  is  the  Monero Lithium Luna v0.12.2+ release  core  code  to  which  a  lot  of  modifications  are  being  made  in  order  to  provide  a  better,  more  reliable  platform  to  current, past Electroneum and future Electronero  users. Cryptocurrencies  have  attracted  substantial  attention  over  the  past  few  years  bringing  millions  of  new  users  into  the  market  dramatically  increasing  demand,  market  value,  and  daily  activity.  With  such  an  increased  demand  comes  a  big  responsibility  on  cryptocurrency  developers  to  ensure  they  are  delivering  the  most  stable  platform  to  their  users  allowing  them  complete  freedom  of  access  to  their  funds.  Read the whitepaper  where some community members have  detailed  the  basis  for  our  fork,  the  ethical  standards  that  are  to  be  upheld  in  the  fork’s  environment  as  well  as  technical  details,  our  roadmap  and  plans  for  the  future  of  Electronero.



BASIS  FOR THE HARD  FORK  :

The  idea  of  creating  a  fork  from  Electroneum  emerged  from  the  ETN  community  as  there  have  been  growing  concerns  of  the  lack  of  support  from  the  developers,  issues  regarding  deposits  and  transfers,  the  flooding  of  new  CryptoNight  ASIC  miners  on  the  market.  The  growing  cryptocurrency  market  and  the  millions  of  users  therefore  requires  a  lot  more  technical  support  than  currently  provided  which  explains  the  basis  for  this  project;  providing  a  state  of  the  art  platform  for  ETN  users  by  creating  a  fork  that  would  truly  answer  the  needs  of  the  community.

Read the White Paper

•Untraceability:  for  each  incoming  transaction  all  possible  senders  are  equiprobable.
•Unlinkability:  for  any  two  outgoing  transactions  it  is  impossible  to  prove  they  were  sent  to  the  same  person.  


ABOUT  ELECTRONERO  
ELECTRONEUM  PREMINE  AND  CONFLICT  

The  main  ETN  chain  has  started  with  a  12,6  Billion  ETN  -  84%  of  circulating  supply  (14  Billions)  and  56%  of  total  supply  (21  Billion),  of  which  4  billion  were  sold  in  an  ICO  and  an  another  7  (33%)  billion  is  apparently  being  held  up  to  feed  the  mobile  miner.  These  extreme  figures  represent  a  big  risk  for  users  due  to  a  large  amount  of  capital  being  controlled  by  the  ETN  team  and  as  all  CryptoNote  coins  being  completely  anonymous,  there  is  no  way  to  verify  that  this  capital  is  being  used  in  the  way  that  it  is  presented.  Cryptocurrencies  in  general  being  unregulated,  ETN  thereby  has  no  fiduciary  responsibility  to  its  users  and  in  no  circumstances  are  compelled  to  use  these  funds  in  the  way  the  are  advertising  it. SOLUTION  FOR  A  FAIR  ENVIRONMENT:To  resolve  this  obvious  conflict,  we  have  decided  to  increase  the  total  supply  for  ETNX  to  200 billion  units.  Therefore  providing  a  fair  platform  and  increasing  mining  rewards  in  order  to  give  back  to  the  community.  Alongside,  we  have  also  determined  necessary  to  create  an  “instamine”  of  10%  that  is  detailed  below  :  
•3%  for  the  mobile  app
•7%  for  developers  to  leverage  a  potential  “dump”  from  centralized  capital  from  ETN.

We as Electronero are a hard fork of Electroneum, ETN is our shared genesis, but we hold no ties to the ETN development or any of the founders and we object to most of their decisions. And so Electronero Core team a unique operation, we have built a segregated alternative and have operated with many complex implementations such as flexibility of ring signatures, Cryptonight Fast algorithm, camel emissions distribution, many attack mitigation tactics, mobile interactivity, most of all user support to a growing world wide community.

Supply & Emission


Total supply: 36,103,090.00000000 token supply after the coin burn.



Coin symbol:
ETNX

Coin units:


1 piconero = 0.00000001 ETNX (10-8 - the smallest coin unit)
micronero   = 0.0000001 ETNX
macronero    = 0.000001 ETNX
fortonero        = 0.00001 ETNX
millinero           = 0.0001 ETNX
portenero           = 0.001 ETNX
virbovonero          = 0.01 ETNX
1 Electronero             = 1 ETNX


Hash algorithm: CryptoNight Fast (CN_FAST, CN/MSR, cn_variant 4)


Block time: 60 seconds


Emission scheme:
Electronero's block reward changes every 3-months following a "Camel" distribution which is often slow at first, accelerated in the next few years before declined and depleted).


Features


Secure and private
Designed for mass adoption
User-friendly
Professional Network
No more expensive fees


MOBILE WALLET & MOBILE MINER EXPERIENCE
With Electronero you can manage your ETNX anywhere.
Anyone with a smartphone and an internet connection can receive ETNX and mine using ETNX mobile miner experience.

The ETNX mobile wallet & mobile miner experience will come first for Android and iOS in the near future.

CAMEL EMISSIONS
With ETNX miners can count on the block reward.

TRUE FUNGIBILITY

Electronero is one of a few rare cryptocurrencies with true fungibility - the feature makes digital currency act like physical cash i.e. no other people can find where the money comes from and how many have been transferred.

GREAT PRIVACY

Electronero is created with high level of privacy in mind, setting Ring Confidential Transactions (RingCT) with minimum ringsize of 12(+1) to conceal sources/amounts transferred and make it high resistance to blockchain-analysis attacks

STRONG SECURITY
Electronero utilizes the power of a distributed peer-to-peer consensus network, every transaction is cryptographically secured. Individual accounts have a 26 word mnemonic seed displayed when created, which can be written down to back up the account and account files are encrypted with a passphrase to ensure they are worthless if stolen.







Additional Specifications

[1] CPU + GPU mining (about 1:1 performance for now). Memory-bound by design using AES encryption and several SHA-3 candidates.
[2] Initial number of atomic units is M = 264 - 1. However, once the block reward reaches 0.3 ETNX per minute (sometime in 2030) that is treated as the minimum subsidy, which means that Electronero's total emission will forever increase by ~157680 ETNX annually.
[3] Uses a recurrence relation. Block reward = (M - A) * 2-20 * 10-12, where A = current circulation.


FAQ
For a longer FAQ, check Community FAQ

Electronero is Based on CryptoNote Technology
What is CryptoNote?
CryptoNote is the technology that allows creation of privacy-centric cryptocurrencies. You can visit their website at cryptonote.org. The level of anonymity provided by CryptoNote isn't possible with Bitcoin code base by design. Bytecoin (BCN) was the CryptoNote reference implementation, and Monero (XMR) based their sources on BCN. Electronero (ETNX) is based on XMR's code.

Two of the main features of CryptoNote are ring signatures that mask sender identities by mixing and one-time keys that make transactions unlinkable. Their combined effect gives a high degree of anonymity without any extra effort on the part of the user.

Unlike Bitcoin, your funds are not held in the address you give out to others. Instead, every time you receive a payment it goes to an unlinkable address generated with random numbers. When you decide to spend the funds in that one-time address, the amount will be broken down and the components will be indistinguishable from identical outputs in the blockchain.

For example if 556.44 ETNX are sent, the protocol will break it down into 500 + 50 + 6 + 0.4 + 0.04 and a ring signature will be performed with other 500's, 50's, 6's, 0.4's, and 0.04's in the blockchain. Unlike the "CoinJoin" mixing method, CryptoNote mixes outputs not transactions. This means no other senders need to be participating with you at the same time or with the same amounts. Any arbitrary amount sent at any time can always be rendered fundamentally indistinguishable (a mathematical proof is given in the white paper).

The degree of anonymity is also a choice rather than decided by the protocol: do you want to be hidden as one among five or one among fifty? The size of the signature grows linearly as O(n+1) with the ambiguity so greater anonymity is paid for with higher fees to miners.

Ring signatures are explained below. Reproduced from CryptoNote:

A normal signature looks like this. There's only one participant, which allows one-to-one mapping.



A ring signature obscures identities because it only proves that a signer belongs to a group.



This allows a high level of anonymity in cryptocurrency transactions. You can think of it as decentralized and trustless mixing.



How does this compare to other anonymous solutions?
Ring signatures originate from the work of Rivest et al. in 2001 and the implementation in CryptoNote relies in particular on Fujisaki and Suzuki's work on traceable ring signatures. There are two other anonymity implementations currently available or in development. One is ZeroCoin/ZeroCash's use of zero-knowledge proofs. The others are based on gmaxwell's CoinJoin idea (such as mixing services for Bitcoin or the altcoin Darkcoin).

1. Comparison with ZeroCoin and ZKP-based approaches:
You can read about ZeroCoin and zero-knowledge proofs (ZKP) here. The ZK environment allows an anonymity set that includes everyone in the network because the validity of an output can be proven without knowing the corresponding public key until it is spent. The largest risk is that this is recent research-level cryptography that hasn't been subjected to years of cryptanalysis, so exploits may emerge down the road. Ring signatures are much simpler and more mature, with many peer-reviewed papers published over more than a decade.

Other issues with ZKP include the RSA private key used to initiate the accumulator, which must be trusted to be destroyed by the generating party. It also obscures the entire economy, not just sender/receiver identities. If the ZK system is compromised, then an attacker can continuously spend coins that don't exist using false proofs. This damage is hidden from everybody due to total blinding and consequently at any given time it's not possible to know if the network has already been compromised. There is a tradeoff between these inherent risks and the maximal anonymity set provided by ZKP. CryptoNote aims for a different balance through the dual layers of privacy provided by one-time keys and ring signatures.

2. Comparison with CoinJoin-based approaches:
XMR is more qualitatively similar to mixing implementations like CoinJoin. The differences arise in the departure from the Bitcoin protocol, which allows ETNX to use new cryptography to provide decentralized and trustless mixing of superior quality. The critical problem with mixing services is the need to trust the operators. As an example, blockchain.info's mixer gives the following disclaimer: "However if the server was compromised or under subpoena it could be force to keep logs. If this were to happen although you haven't gained any privacy you haven't lost any either."

The CoinJoin-inspired Darkcoin performs mixing with selected "masternodes" since it still uses ordinary signatures that can be mapped one-to-one. The motivation is that a randomly selected node is less likely than a single service to exhibit bad faith (such as keeping logs) . In practice, a few VPS companies host the vast majority of nodes and this approach relies on the integrity and good behavior of these nodes. ETNX's more fundamental cryptographic approach doesn't have these vulnerabilities and the quality of anonymity is much higher.

ETNX's ring signatures are also far more secure and convenient than CoinJoin because they mix outputs not transactions. This means a transaction doesn't involve waiting around for other senders to mix with. Nor is a user restricted to mixing only if others are sending the same amount. Arbitrary amounts can be sent at any time without anyone else's participation. This feature makes a timing analysis of the blockchain useless.

Overview of a transaction
Bob decides to spend an output, which was sent to the one-time public key. He needs Extra (1), TxOutNumber (2), and his Account private key (3) to recover his one-time private key (4).

When sending a transaction to Carol, Bob generates its Extra value by random (5). He uses Extra (6), TxOutNumber (7) and Carol's Account public key (Cool to get her Output public key (9).

In the input Bob hides the link to his output among the foreign keys (10). To prevent double-spending he also packs the Key image, derived from his One-time private key (11).

Finally, Bob signs the transaction, using his One-time private key (12), all the public keys (13) and Key Image (14). He appends the resulting Ring Signature to the end of the transaction (15).



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April 23, 2018, 05:21:22 AM
 #2

Dev maybe del airdrop because this is fork.
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April 23, 2018, 05:23:51 AM
 #3

Reserve for pool
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April 23, 2018, 05:33:25 AM
 #4

Finally someone fixing the mess of Electroneum, can't wait!
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April 23, 2018, 05:36:55 AM
 #5

Much needed fork. Thank you Devs!
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April 23, 2018, 05:39:13 AM
 #6

Will happily dump ETN for Electronero.  Grin
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April 23, 2018, 05:41:48 AM
 #7

Bring it on Dev! As long as all these planned features are coming up, this could prove to be worth something!
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April 23, 2018, 05:44:19 AM
Last edit: April 23, 2018, 03:40:39 PM by crazyer1976
 #8

Russian translation done:
https://bitcointalk.org/index.php?topic=3373983

Portfolio :
https://bitcointalk.org/index.php?topic=3343005       
https://bitcointalk.org/index.php?topic=3298325              
https://bitcointalk.org/index.php?topic=3286939              
https://bitcointalk.org/index.php?topic=3172631              
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April 23, 2018, 05:50:28 AM
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The emergence of Electronero seems to give fresh air ETN hope will be better and growing.
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April 23, 2018, 05:51:53 AM
 #10

Will we receive this if we hold ETN already?

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April 23, 2018, 05:55:45 AM
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Will we receive this if we hold ETN already?

Oh yes, as stated in the main post. You'll receive the fork coins in 1:1 ratio the amount of ETN you hold in your wallet before the snapshot.

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  Semux uses 100% original codebase
  Superfast with 30 seconds instant finality
  Tested 5000 tx per block on open network
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April 23, 2018, 05:58:53 AM
 #12

It's Funny,.....ETN vs ETNx,.....I bet on ETNX
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April 23, 2018, 06:10:03 AM
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Which exchange will support your ETNX airdrop? Do you create mobile mining?
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April 23, 2018, 06:39:18 AM
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Another shitcoin. We need real inovation and no shitcoins anymore. i bet those guys are from etn . another manipulative approach to scam people.
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April 23, 2018, 06:39:27 AM
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discord?
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April 23, 2018, 06:41:45 AM
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if you add bounty to this project may be more interesting and many participants will join.
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April 23, 2018, 06:46:17 AM
 #17

discord?


https://discord.gg/HJEuA87
Darkbane
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April 23, 2018, 07:54:18 AM
 #18

so if one of the issues was Electroneum having the huge premine, will this coin be expunging all those premine coins so they don't have a large control of the supply of this coin as well? or will Electroneum still have billions of coins in this new coin since its a 1:1 fork? and what happens to all users who have their app wallet that doesn't give them access to any private key to import into a new wallet, and that accounts for the bulk of their coins...

so basically, almost nobody will have coins and little reason to cross over to a new fork because they don't control the wallets to extract forked coins? or Electroneum will have billions of the new coin and could any given day of the week drop its value immensely out of spite, or just to screw around?

P.S. and is it block 260,000 or block 280,000 since both are stated and conflict quite a bit heh... image says 260,000 text says 280,000... which one...
crazyer1976
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April 23, 2018, 08:06:10 AM
 #19

P.S. and is it block 260,000 or block 280,000 since both are stated and conflict quite a bit heh... image says 260,000 text says 280,000... which one...

I too drew attention on this mismatch in the process translation thread
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April 23, 2018, 08:34:54 AM
Last edit: May 04, 2018, 02:01:13 AM by Interchained
 #20

so if one of the issues was Electroneum having the huge premine, will this coin be expunging all those premine coins so they don't have a large control of the supply of this coin as well? or will Electroneum still have billions of coins in this new coin since its a 1:1 fork? and what happens to all users who have their app wallet that doesn't give them access to any private key to import into a new wallet, and that accounts for the bulk of their coins...

so basically, almost nobody will have coins and little reason to cross over to a new fork because they don't control the wallets to extract forked coins? or Electroneum will have billions of the new coin and could any given day of the week drop its value immensely out of spite, or just to screw around?

P.S. and is it block 260,000 or block 280,000 since both are stated and conflict quite a bit heh... image says 260,000 text says 280,000... which one...

The ETNX testnet launch will occur on block # 280,000 for miners and pool operators.

 Users can move their ETN to supporting exchanges, before the snapshot and transfer to any ETN address from there after ETN blockchain snapshot on block # 307,000
or
Users can download ETN releases from Electroneum. Make a transfer from the ETN Web Wallet before the blockchain snapshot which occurs on block # 307,000
Then store the wallets safely on your desktop, or laptop to retrieve and restore from seed or private keys once public launch has commenced.

Either way it's a quick transfer, from your ETN web wallet to your favorite Exchange or your Desktop ETN wallet before the blockchain snapshot which will occur on block # 307,000.

Don't forget if you pick to compile your own ETN wallet before the ETNX fork, be prepared and save a copy of your mnemonic seed word key and/or secret spend and secret view keys along with your wallet address so that you have everything you need and are fully prepared to claim your ETNX once the blockchain snapshot is complete and the public launch has commenced.

Thank you


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