Topic: [ANN][EMC2] Einsteinium | FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY - page 12. (Read 1076402 times)

Project is great, fork is soo hot event...
waiting for this and I am buying my bag.
Twitter is all talking about emc2...
For Every EMC2 you get 3 MILs.
MIL is new coin and will grow like daddy...

Emc2 = 1$ soon

party begin folks...

https://cdn1.savepice.ru/uploads/2019/3/6/02b4f6ac52139015f29385b8ff4dad89-full.jpg

Great job team! We will continue to support the growth of the Einstenium Foundation, and I'm excited to see the upcoming donations to more talented organizations.

FYI

11th - the unit is divided in half, 14th - information about when there will be a fork, 20th - block, you can specifically write what and when it will be. You can announcement about upcoming events.

Seems like Bob is back... Weeeee :-)

The team is working on this so I think there is no need to worry about the project and we could expect that there could be a good news in the next few days or after any updates. Nice job team and keep going on reaching the project target and goals. We could always expect a good result with a good team.

Oh thats really cool!

Short update on crowdfunding site http://emc2me.io

We did initial deployment and extensive testing. You are welcome to test it too.
Guys are working hard on ironing remaining items to make it fully functional like putting SSL and fixing projects cover image. Face lifting of the whole web site, donation part as well...

This is a real project, real work and the real progress, so thank you for your patience.
We would rather show you a working progress than wait for the perfection, but it will get there for sure.

Soon we all going to be proud of wonderful content over there.

Lets grow together.

Cheers!

http://mine.realpool.eu/images/logo_sh.png
http://mine.realpool.eu

You can now mine Einsteinium and more other coin at new pool http://mine.realpool.eu with 1% fee now.


Please use following command for mining:


enjoy your mining

REaL

Important to note: All of above is related to the new coin. EMC2 supply will stay unchanged!

We are in touch, and will request listing back once Blue Paper is out. By then we should have content on the platform too.

What ever happened to the Poloniex listing of this coin? I do not see it on their list.

QT Wallets, and Weeee Cash for sure.

After Blue Paper out, March 14th we will loop with exchanges and 3rd party wallets.

This is good news, thanks for the work! Where will the fork be supported, how to get new coins?

Hi All,

In regards to EMC2 FORK, we want to loop on two things:

1)  Update: Just this week we finalize scripts that will allow us to FORK in 1:3 coins ratio. For every EMC2 you hold you will get 3 (three) new coins.
     We know many are really interested in that. Next: Wormhole implementation!

2) Topic to discuss - Budgets:
    Based on our past experience with exchanges, listings, community donations, awards , contracts, advertising agencies ect., we believe that forming a strong Foundation is
    essential for the success of the coin. Thats why we want to secure coins for the purposes stated above.

    If we start from current EMC2 numbers like total max supply which is about 245M and circulating supply about 218M we would like to propose next:
    

1/3 Network / Infrastructure = current supply + future mining
1/3 Awards
1/3 Foundation Expenses:
    1/3 (out of foundation budget for) Listings and Integrations
    1/3 (- ||- ) Marketing
    1/3 ( -||- ) Development
   
--------------------------------------
660 Mil distribution, based on current circulation -  current 220 Mil circulation supply , multiple 3 we come to 660M of coins in circulation
240 to be mined- based on original EMC2 design of close to 300M coins- same as above, coins to be mined + wormhole coins 80 mil x  3 = 240 Mil

------
50% Wormhole, 50% regular mining
Newly designed wormhole is back!

Halving schedule:
   8/min coins from now till September next year
   4/min summer 2024
   2/min summer 2032
   1/min after summer of 2032 until 2119
        0/min after that - network makes money from transaction fees.
   
Wormhole max multiple = 1600 - this should be calculated to fit in 240 mil budget.
-----------------------------------------------------------------------------------

660 + 240 = 900Mil - current holding and future mining

900 Mil Awards Budget, released 9 Mil/year for 100 years or 7.5 if we go 120 to 10 scientific projects

---------
900 Mil Foundation Budget for listings , development and marketing

Listings 15% of total supply = 405 Mil
Listings to be from 300Mil to 400Mil

500M Marketing and development
-------------------------------------------------------------

This bring us to the total of 2.7Bil new coins as max supply.

Please let us know what your thoughts are.
We are happy to to bring this discussion to the stratosphere before numbers get set in stone.

Please note: all numbers are approximate now and will be accurate in Blue Paper on March 14th. Let focus on logic.

HAPPY FORKING!

EMC2 Foundation
www.emc2.foundation

Hi there, here is a EMC2 explorer developed by tokenview.

emc2.tokenview.com/en

It shows both the latest block info and on-chain data analysis like rich list.

Just want you to know that, come and have a look, you suggestion is welcomed.

From Matija Mitic, CORE EMC2 Dev:

'After almost a year of, on and off, work on FORKING EMC2 into GPU friendly chain, Ethash Algo combined with Einsteinium Core is now stable project. Major vulnerabilities and minor bugs are removed and wallet is proved to be resistant on malicious attacks related with algo change.

Team was analyzing different possible solutions for mining pool implementation. Combination of well proved algo such as Ethash and stable, long term project such as EMC2, involved some new implementation difficulties. Einsteinium is Bitcoin like project that uses different block structure unlike Ethereum. New attributes are added to original block structure in order to support Ethash algo. In similar way, existing Ethereum Stratum pool is modified to work with EMC2 RPC API and vice versa. New stratum pool proved proof of concept and support multiple types of workers that use Ethminer, but still requires testing with various ranges of hash power with coin difficulty monitoring.

Adding new attributes into original block structure requires EMC2 chain replication in order to keep funds to original users wallets. Team is now working on this delicate piece of code that will converts original EMC2 chain into new one, that will be used for new coin.

Analysis of the previous problems with Wormhole feature, shows it’s main disadvantages which is the main reason why this feature was excluded from EMC2. But Wormhole was a very strong idea of rewarding loyal miners which should not be excluded. With Komodo support, already tested dPoW and some changes into block reward implementation, great Wormhole will be back again! Developers are now working on new implementation which will combine good old features with some major improvements.

At the end of preparing new coin, it’s needed to perform some regular fork changes into wallet implementations that will make new coin unique in a crypto world, regardless of some major and already unique changes described here.'

Full EMC2 FORK 'Blue Paper' and Timelines to be released on March 14th, Einstein's birthday.