Reserved.

reserved

quoted for the visual

Neatio is not an Ethereum fork, even thought it uses many go-ethereum libraries and it have support for the EVM (Ethereum Virtual Machine) and supports Solidity language.

It is more of an adaption rather than a fork
Yeah, a modified version of Ethereum EVM
.....

Any ideas on how to mitigate the size of the Chain IF this System grows as you hope it will?

I see your concern, but the block size of an empty block is somewhere between 500 and 750 bytes (only the signature of the previous block) so the block chain won't be as big as you think.
On testnet 1000000 blocks = ~ 1.15 GB

Short term: On a VPS provider we use frequently 100 GB SSD is 4,76 € and you can buy up to 10 TB
Long term: fast forward 10 years, I think 1 TB will be like 1 GB now.

Another approach can be
Easiest to implement: to change block time to 3-5-10 secs.
Very easy too: To prune the chain of empty blocks.

Since only validators needs to run a full node (download and keep the whole chain) if it will catch up, the rewards are pretty solid, so the money spent on space will be only dust.

There are many scenarios with many solutions. Time will tell how things will be and which one will be the best approach.

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New Discord Link: https://discord.gg/v7MYUPng59

#Neatio #Blockchain #NEAT #Cryptocurrency

Hello and thanks for the post.
The "eco-friendly payment solution" has nothing to do with merchants partnerships, it refers to the fact that is not using a lot of energy to secure the network like in other PoW coins, (i.e. Bitcoin, Dogecoin, Monero) since it uses PoS consensus.
And to answer your question, merchants already signify their interest to use my coin, this is because, none knows about it, yet.
I will take your advice into consideration tho.

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Neatio Web Wallet 2.0 is now released.

Same address: https://wallet.neatio.org

#neatio #blockchain #neat #cryptocurrency

Neatio 2.0 has arrived!

The main key changes are:

Public address format was changed to 42-character hexadecimal (Ethereum like address);

• NEATcnT7VH9kDx8yog7CmU2fh21NXNF2 -> 0x51C7656EC7ab89b098defB751B7401B5f6d89765

Maximum total supply was lowered to 50 Million NEAT;

• changed from 77000000 NEAT to 50000000 NEAT.

Minimum collateral needed by a Validator was changed;

• lowered from 77000 NEAT to 50000 NEAT.

Variable collateral amount that can be staked by validators;

• staking amount is the voting power for the next block;

The reward for network Validators was increased by 20%;

• from 6821 NEAT per day to 8235 NEAT per day.

Epoch time duration was changed from one day to one hour;

Delegated staking was introduced. (*);

• (this feature is still in beta mode)

Neatio Chain IDs for Mainnet and Testnet were changed;

• mainnet chain ID is 515 and testnet chain ID is 525;

Developement fund introduced (10% of the total fees);

Protocol now enforces a block spacing of 1.5 seconds.