[🚀][ANN][Aurum Project] 💠 Xᴀᴜʀᴜᴍ 💠 ▲1 XAUR = 0.000426686186 g gold▲

[cakir]

I've paid ~0.04 btc for rig rental and I got 0.0451 XAU (~0.027 btc) in return.
I was one of the first multipool scrypt miners, I guess it wasn't worth it.
When the automatic multipool arrive I'll try it again.

[nihilnegativum]

I've paid ~0.04 btc for rig rental and I got 0.0451 XAU (~0.027 btc) in return.
I was one of the first multipool scrypt miners, I guess it wasn't worth it.
When the automatic multipool arrive I'll try it again.

Please send a private message, including the address you mined from and the btc invested, to Aurum Project, so we can double-check and you'll be added to our Auresco backup fund, and compensated from the profits of the Institute. Thanks for your patience.

[Bitcoinmeister]

a question how much is the staking reward aproxamiltly?

[nihilnegativum]

a question how much is the staking reward aproxamiltly?

It is 0.001 % per year when all xaurum will be in exchange (1mil).

[nihilnegativum]

We're starting testing the new pool this week.

[piotr_PL]

http://coinmarketcap.com/currencies/xaurum/ shows 1016 XAU. Your wallet it has "moneysupply" : 10000157.84254544. Where 9999000 XAU is now? A lot of XAU somewhere or I don't understand much this coin. 

[nihilnegativum]

Coinage

 Xaurum is coined out of a Proof of Stake blockchain, with starting 0.01% yearly inflation. 1016 of coins were sold on ICO by Auresco Institute, 1016 of 1g 999.9 certified gold was bought, below EU retail prices. This way 1016 usable coins, 100% backed by gold are created, a golden foundation on which we build. 998,984 of the coins will be mineable at goldmine, our PoS multipool, making the total of coins in exchange 1,000,000 when all are mined. 90% of the coins will serve as guardian nodes, running on secure severs transparently, and will never enter exchange.
Time required for the acquisition of gold reserves is 2-4 weeks, time needed for shipping 3-7 days.

Guardian nodes

90% of all blocks are mined by the guardian nodes and collect 90% of all transaction fees and 90% of stakes.
All of the fees collected by the guardian nodes are distributed to the Commonwealth wallet, the stake reward of users that enter exchange, are backed with gold and
 guardian stakes are added to mining. Transaction fees and % of inflation are determined by the users collectively, for this purpose, a in-wallet voting system will be developed.




  
Summary
  
- First crypto representative commodity money
- 1,000,000 XAU in exchange (10,000 ICO, 990,000 mineable)
- 9,000,000 XAU in guardian nodes
- Commonwealth (from guardian nodes and goldmine)
- Gold reserves (from ICO and Commonwealth)

90% of the Xaurum network will not be used as coins, but as guardian nodes (staking, collecting stakes and fees to protect and increase the value of all the network).

 Currently there is  1025,045014 xaurum in circulation. We'll need to develop a ticker for new xau entering circulation, but currently all our effort is dedicated to the multipool.

[piotr_PL]

Thank you for information. Kind very. 

[luthermarcus]

Is there any timeline when goldmine is going to be done with testing and up and running?

[nihilnegativum]

Is there any timeline when goldmine is going to be done with testing and up and running?

No precise ETA, but soon (I think it will be next week sometime).

[graseful]

Is there any timeline when goldmine is going to be done with testing and up and running?

No precise ETA, but soon (I think it will be next week sometime).

I understand it is working now?

[luthermarcus]

I see progress on the page lookz ready to go. But I would expect an announcement we it's up and ready.

[bitcoinicon]

Hi All,

Let me first of all introduce myself, I am tasked with web projects for Axurum at present, this includes the implementation of the Web App http://aurumproject.io/ , POS Multipool/Gold Mine http://multipool.aurumproject.io/ and every other web related project and server management for Xaurum. I am excited to be working on this project and feel privileged to be part of what I believe to be one of the most exciting and rewarding digital currency projects to ever mine a genesis block.

More over, the reason I am here today is to make you all aware of were we stand with the Gold Mine (POS Multipool) http://multipool.aurumproject.io/.

I am pleased to announce that the design work is in it's final phase and that the multipool code that will support the full automation process will be installed upon completion of this phase.

Thank you all for your continued patience and rest assured that your Gold mine will be open and ready to start generating you income sooner than you might realize, so keep checking back. Feel free to ask questions as I will be around all day to answer them.

Have a look at our progress here >>> http://multipool.aurumproject.io/


Best Regards

Bitcoin icon

[Aurum Project]

Proof of Gold





While we wait for the multipool, another part of gold was delivered.
We now have 893 g in our storage, around 200-300 pending still
(we order in larger quantities, so we're waiting for the multipool to start, for the third order)







First two shipments of 893g.













The message can be verified on keybase.io

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512

Xaurum gold verification.


... sic manet gloria mundi.
-----BEGIN PGP SIGNATURE-----
Version: Keybase OpenPGP v2.0.8
Comment: https://keybase.io/crypto

wsBcBAABCgAGBQJVQ1VHAAoJEOrbtwL/IXPGjy8H/3EGVOQYA/ePTkPhyY5Q0enN
bzzB8qM7IYbbFeAxHy//ZhPd3VsxZLOHVBXVgS6zoNAyj+i0/gDrFVqALnxiKXof
kKSxfKE568pXIY69DStcz2cNG2saaP6ylVldzjmX4UbVo9TYFFVyTgjA/u1xiyAc
IywC6YNIlBAJ4C+wsKn3U3DzhU7yQrkMM4onv8gWf/uQoQlKrO7rdxzHG6H2rpUL
XXaIKVLue34iu44aRpRSWDpSeogXcAaxg0rtoZtxNN2ntuSAlvd7yi6PqN8zqN/8
U2o6D9wYaZZQW/9A59zYuVD3uJGl8PPMqWQkjeaaqjB41vj/nHApYh5Xs7U9nI0=
=UB5C
-----END PGP SIGNATURE-----

[bitcoinicon]

Hi All,

I'd like to take some time to provide a detailed update as to where we are with the Goldmine and related projects.

When the Goldmine design was signed off we stared working on integrating the code or formula rather that will calculate the conversion of Axu to Gold, this demanded attention to detail and precision, as I'm sure you all can appreciate there is no room for error when it comes to delivering a project that will ultimately pay an ROI (Return of investment) to users. We have been working with utmost care and the community in mind, we do not and will not deliver something that might need to be taken offline later due to something we missed or as a result of inaccurate user RIO's.

Alongside the Goldmine development that is in process, I have also moved the web app http://aurumproject.io/ from virtual hosting to the new dedicated server where the GoldmIne is hosted. The dedicated sever will managing the load more efficiently and will offer us all a very well rounded user experience.

With that said I am happy to announce that We start testing the gold conversion formula and exchange script on Thursday. I will be available on IRC for any questions although feel free to raise any questions here as well as this will help keep the ANN relevant and active.

Once again I would like to extend my gratitude to the community and coins Devs for the patience, understanding and continued support as we work towards delivering something unique, exciting and rewarding!

Best regards
Bitcoinicon

[Mitchell]

Following this for now.

[Bumblez]

I have a couple questions.  Just want to make sure I have this right.  When one mines on your multipool, the coins will be exchanged to XAU automagically?  Also, the wallet has not connected to a network as of yet.  When will that happen since XAU is also POS. 


Thanks

Come on Thursday!  You dont happen to be on china time?

[nihilnegativum]

I have a couple questions.  Just want to make sure I have this right.  When one mines on your multipool, the coins will be exchanged to XAU automagically?  Also, the wallet has not connected to a network as of yet.  When will that happen since XAU is also POS. 


Thanks

Come on Thursday!  You dont happen to be on china time?

Yes, you get XAU for hash, most of it will be auto-magic, yes.

To connect, try using this .conf

[Bumblez]

I have a couple questions.  Just want to make sure I have this right.  When one mines on your multipool, the coins will be exchanged to XAU automagically?  Also, the wallet has not connected to a network as of yet.  When will that happen since XAU is also POS. 


Thanks

Come on Thursday!  You dont happen to be on china time?

Yes, you get XAU for hash, most of it will be auto-magic, yes.

To connect, try using this .conf

Worked like a champ.  Thank You 

[tprmaddog]

Hello, I purchased a very small amount of XAU coin about 2 months ago.  Even though nothing much was going on with the dev, I still held onto it.  I am glad I did!  I am new to the crypto world and don't feel comfortable mining yet.  Is there going to be a faucet in the future? I would love to get a few XAU coins but can not afford to buy them at this time.  I am very excited about this project and wish you all the best of luck.  Joel