Topic: [ANN][ELE] Elementrem - Smartcontract BlockChain | More Fast, More convenient - page 42. (Read 136228 times)

  

      
  
    

I'm always grateful for your quick update. Sir

Network hash down to 1Gh and C-cex volume only 0.01B. With no change, this coin will be delist soon   

That is good idea . I also think the same as you.
if all of his pre-mined coins were distributed clearly and transperently. this coin will be rising very well.

just wondering dev whats the purpose of the premine? Maybe if u need funding we can have an ico or something so we can re-distribute those coins. The thing is that if u have sooo many coins the value of ele wont increase cuz everyone is thinking u are going to dump on us 

I saw u work alot on this coin and that's kinda cool so if theres a meaning for having such a big premine im curious to know why.
Thanks

https://ele.coin-miners.info/#/ updated the wallet to the latest version

Positive , That is another step that add more value for ELE .... Thanks

Update is good but it's not meaning if no investors comes in . all pre-mined coins are more 90% in your hands.

Elementrem Wallet 0.8.31 upgrade has been completed.
https://github.com/elementrem/mist/releases

Gele CLI 1.4.13 upgrade has been completed.
https://github.com/elementrem/go-elementrem/releases
- 2nd hotfix Prevent Network Attack
- Extensive code review for stability and reliability.
- Allocating client resources efficiently

The use of Elementrem Wallet 0.8.31 or Gele 1.4.13 are strongly recommended.
There are important recommendations about Prevent a Network DOS attack.
Using this Gele 1.4.13 is essential to the stability of your mining. You can download or Build(master branch) it from the elementrem github.
There will be an additional patch created over the next several weeks to implement some more permanent fixes.

I was going to BTC&Ethereum releay on elementrem contract. but, I feel the need of a High Performance elementrem client, like a parity.
So, High performance client and browsers may be available in the next update pack or more at the next.

And I think it is not appropriate to the Elementrem called ctyprocurrency.
This is a Smart Contract. Element(ELE) is the fuel for running a smart contract.
 
But as you know, Elementrem can be used to create a cryptocurrency contract (Token) in Elementrem. Tokens in the elementrem ecosystem can represent any fungible tradable : cryptocurrency coins, loyalty points, gold certificates, IOUs, in game items,
And numerical analysis.

So I will make interesting cryptocurrency contract(Token) in Elementrem.
I hopes that this will be the step for everyone to show the infinite possibilities.
But right now, I will improve performance and stability, capabilities. sir.

Let's compare a case of ELE,KR,EXP (All ethereum clone) to the ETHEREUM.

Ethereum (ETH)
Block Reward: 5
Block Target : almost 13 seconds
It is created approximately "23.07ETH" per minute.

Elementrem (ELE)
Premine - 50 million
Block Reward: 5   (A = Calculated as a ratio of ETH == 1)
Block Target : almost 13 seconds (B = Calculated as a ratio of ETH == 1)
ELE premine address. a748f720f5989f2b541fa9ef3c78236808123635
It is created approximately "23.07ELE" per minute. (1minute=60s / 13s * 5)

Expanse (EXP)
Premine - 11.11 Million
Block Reward: 8   (A = Calculated as a ratio of ETH == 5/8 == 0.625)
Block Target : almost 60 seconds (B = Calculated as a ratio of ETH == 60/13 == 4.615 )
EXP premine address.
0xbb94f0ceb32257275b2a7a9c094c13e469b4563e :  "balance": "10 million"
0x15656715068ab0dbdf0ab00748a8a19e40f28192 :  "balance": "1 million"
0xc075fa11f85bda3aaba67106226aaf086ac16f4e :  "balance": "0.1 million"
0x93decab0cd745598860f782ac1e8f046cb99e898 : "balance": "0.01 million"
It is created approximately "8 EXP" per minute. (1minute=60s / 60s *  8  )

Krypton (KR):
Premine - 10 Million
Block Reward: 0.25 (A = Calculated as a ratio of ETH == 5/0.25 == 20)
Block Target : almost 15 seconds (B = Calculated as a ratio of ETH == 15/13 == 1.153 )
KR premine address. 0xaba6815950482b6280ecbfb263cb657f19847fa1
It is created approximately "1 KR" per minute. (1minute=60s / 15s * 0.25)

We can do it easily math. The ratio effect is easily calculated.

ELE = Premine - 50 million * A * B  = Just 50 million
EXP = Premine - 11.11 Million *A * B = 32.045 million
KR   = Premine - 10 Million * A * B = 230.6 million

It is important to consider the Block Target time and Block Reward and Uncle reward.
and look at ELE block target time. It's fast. you will know what this means. It would be to Uncle reward advantage.
i don't include uncle data in these calculations. if include missing uncle data in these calculations, ELE will have more smaller ratio of premine coin.

ELE has a very very suitable premine coin. and elementrem told coinmarketcap the whole truth premine.

Why 50 million Elementrem premined ?  Already total supply 52,7 million .  

https://coinmarketcap.com/currencies/elementrem/

no other good option now but to keep holding and allow some time for dev to make some works for sure he will not allowed the coin to be completely dump.

Let us unite and keep on holding dev is a diligent person.

yes, Dev is live but how is the price . no one wants to buy this coin
Dev must have new plans and big investors to recover the price
all investors also keep ele for long term .

well he proved that he knows what he is doing. I like that

İm holding too Dev is very active.

Thanks for the update sir .. im stil holding my ELE .... will be waiting for future development

We've updated official website. It's more convenient and simple.
http://www.elementrem.org/

Elementrem Wallet 0.8.3 upgrade has been completed.
https://github.com/elementrem/mist/releases/tag/0.8.3

-Caches the contract code and ABI inputs
-Saves contract code in memory when getting out of tab: This is particularly useful when you need the address of a contract as -one of the parameters for another contract
-prevent you from sending tokens out of a contract without element
-select an account you don’t own when sending tokens from a wallet contract
-Fixes the bug, where estimateGas was not working anymore.
-Enabled HTTP RPC sockets
-Fixed node download logic
-New wallet favicon and 404 page
-New windows installers and Mac DMGs
-Updated to the latest version of Solidity
-Fixed a security that could reveal your public key without authorisation
-Integrating electron-builder for better distributables building
-Delete the unicorn custom token that does not use
-Replay prevention (Default setting is in effect and cannot be changed.)
-New confirmation pane
-Choose an option that show password