Einsteinium Fork 2 Announcement –
Mining
Algorithm
Change
Einsteinium Foundation has decided to change the mining algorithm of our coin to make it ASIC resistant and GPU friendly. We are in the process now of partnering with a company to create miners and the new algorithm.
The decision was driven by two factors:
- As a coin that supports scientific research, it is our responsibility to stay at the forefront of crypto technologies and to develop the best features from our core development team. The crypto space is changing and growing at a remarkable speed and we will continue to be leading pioneers.
- We believe that all students of academia and science should be able to easily set up an EMC2 miner, enjoy and learn about mining, and save the coins to pay for their tuition/expenses, or just keep as a security for the future.
We want to spread the hash rate and unite developers and users to make EMC2 more accessible to people around the globe. As mainstream acceptance of crypto-currencies grows on a daily basis, we realize that we also have to adjust and make our chain more accessible to everyone.
EMC2 Foundation is researching the implementation of master nodes that would come at the same release with the new Algo. Before a final decision is made, we would like to hear from all of you in our community. We value your feedback and would love to hear any suggestions or thoughts. Let’s keep bitcointalk for general and light/fun discussions, and let’s move coin features (starting with masternodes discussion) related topics to our custom EMC2 forum. Url will be posted shortly.
We are always on the lookout for new talent, so please drop us a line if you are interested in joining our team. Our development team has a high turnover rate as new developers are always coming in and out of the project. The positions fill up quick, so let us know if you think you can add to our growing team.
Business Development updates will be posted separately, here are highlights:
- EMC2 is extremely active in the crypto space right now as we are in the process of working on more partnerships with other exchanges and businesses to further expand our foundation into more parts of the planet. Partnership with carriers through mobile payment gateway are first on our agenda.
- We are working on partnerships with BTM companies to make EMC2 Coins available at ATMs for purchase in 2018!
- We are working on cold storage devices like the Ledger Nano.
Happy Hollydays!
EMC2 Dev Team
