Update 1.0.3 is out.
Paying for LOCK on Polygon is fixed. Before, the payment could stop after the first step.
If your payment failed, open the app, press Update, then Pay again in Buy / Sell.
To buy LOCK you need, in the same 0x address on Polygon:
USDC (the price)
a few cents of POL (the Polygon network fee)
Sellers need only LOCK.
Download:
https://encryptlock.pages.dev
First real trade on EncryptLock: 5 LOCK for 1 USDC, paid on Polygon and settled by the network. No exchange, no middleman. LOCK now has its first price: $0.20.
Update 1.0.3 fixes paying for LOCK. If your payment failed, open the app, press Update, then Pay again.
To buy LOCK you need USDC and a few cents of POL in the same 0x address on Polygon. Sellers need only LOCK.
Download:
https://encryptlock.pages.dev
Block one of the market.
Tonight EncryptLock had its first real trade: 5 LOCK for 1 USDC, paid on Polygon and released by the network itself. No exchange, no middleman.
This is not a token on someone else's chain. It is a new blockchain with its own rules: no mining rigs, ordinary PCs keep it running and earn LOCK, and the supply is fixed and released slowly, designed to last for centuries.
The network is one day old. You can be one of the first LockKeepers, from the start.
https://encryptlock.pages.dev
EncryptLock 1.0.4 is out 🔒
Your computer can now become a blockchain LockKeeper in seconds, and earn LOCK every hour it's on. Payments on Polygon are also more reliable.
Open the app and tap "Update" — or download it at encryptlock.pages.dev
Any problem? Email us:
encryptlockoficial@proton.me
How to become a LockKeeper 🖥️
You need: a Windows PC with a security chip (TPM 2.0) + $1 in LOCK as a guarantee (it stays yours).
No LOCK yet? Buy it first in the app → Buy / Sell, with USDC on Polygon.
encryptlock.pages.dev
Trying to become a LockKeeper?
To keep the network safe, only real computers can be LockKeepers. When you press "Make this computer a blockchain LockKeeper", the app checks your PC's security chip (TPM 2.0) once. Windows asks for permission for this: press Yes.
Some chips keep their data in a slightly different way, and we are adding support for each of them as we find them. If anything goes wrong, or if the app shows a warning, email
encryptlockoficial@proton.me with a screenshot. We read every message.
Please always update the app on your computer and your phone whenever a new version appears (the "Update" button). Now that the blockchain is live, updates are how errors get fixed. The latest version is 1.0.6.
https://encryptlock.pages.dev
How LockKeepers are paid
A LockKeeper is a computer that runs the EncryptLock blockchain: it checks transfers, creates the blocks and earns LOCK for it. Any Windows PC with a TPM 2.0 chip can be one.
- About 650 new LOCK are created every hour.
- Every hour they go to the LockKeepers that were switched on, shared by hours on × LOCK in guarantee.
- PC off = no earnings for that time. Nothing is lost.
- To join you lock 1 dollar of LOCK as guarantee. It stays in your account.
- The number of LOCK in that 1 dollar depends on the price on the day you join. Joined at 0.20 $ = 5 LOCK. Joined at 0.30 $ = 3.33 LOCK. More LOCK locked = more earned per hour.
- Today there are 3 LockKeepers. The developer's PC started the network with 200 LOCK in guarantee and gets about 96% of each hour while it is on.
- From 20 LockKeepers on, nobody can get more than 5% of any hour, the developer included. The rest is shared among the others.
Today, with all 3 on for a full hour: 5 LOCK guarantee ≈ 16 LOCK/hour, 3.33 LOCK guarantee ≈ 10 LOCK/hour.
You need: a Windows PC with TPM 2.0 and 1 dollar of LOCK (Buy / Sell in the app).
https://encryptlock.pages.dev
Title: Short pauses of the blockchain until we reach 20 blockchain LockKeepers
Quick heads-up so nobody gets worried.
A blockchain LockKeeper is a computer that runs the EncryptLock blockchain: it checks transfers, creates the blocks and earns LOCK for it.
Until there are 20 blockchain LockKeepers, my PC is the one that keeps the blockchain running. It has been on for more than 48 hours straight, so I may switch it off for a few hours from time to time.
What happens while my PC is off:
- The blockchain only pauses. Nothing is deleted or lost.
- Your wallet opens and your balance stays the same.
- Transfers and Buy / Sell wait. The app shows that it is waiting for a blockchain LockKeeper.
- No LOCK are created while it is paused, so nobody earns during that time.
- When my PC is back on, everything continues from the same block.
Once there are 20 blockchain LockKeepers, every PC has the same vote and mine is just one of them. From then on it can be off and the blockchain keeps running on the others.
Want to help us get there? You need a Windows PC with a TPM 2.0 chip and 1 dollar of LOCK (Buy / Sell in the app).
https://encryptlock.pages.dev
