Topic: [ANN][NO-PREMINE][QuarryMN][EtherGEM] An ethereum network with a different view - page 13. (Read 38754 times)

The EtherGem Whitepaper is currently being updated to include the details of our integrated subchain. While this is in progress, here are some basics about the EGEM Chain:

Ethergem is the foundational currency platform with an integrated subchain that starts by replicating the stable ethereum core to avoid a reinvention of the wheel and focus on the solutions needed for a decentralized Marketplace. The integration of a subchain allows for tokens to become coins with their own blockchain and consensus while maintaining the dapp infrastructure we have become accustomed to. The resulting chain structure adds enhancements to scalability, transactional throughput, and technical capabilities available on very few platforms in today's crypto environment.

   1. EtherGem, "EGEM," is first and foremost a pure community-based coin with no pre mine. True to EGEMтAЩs roots as a cryptocurrency, the Proof of Work mining community will always be a part of the EGEM future and is the foundation of the EGEM launch. There is no ICO on EGEM and EGEM is its own primary blockchain, not just a token or concept on another chain. The EtherGem blockchain is an ethereum network, meaning the blockchain starts with the tested and proven ethereum (as in ETH) core technologies and builds from there. Technically EGEM is an Ethereum chain as described in the yellow paper, with EIP150, EIP155, EIP158 applied from block 0. Block Rewards have 7 Eras of reduction, including a dev reward enabled after block 5000. Developers and Community Managers are bound by a continuity agreement to maintain the network, community, and coin. There is no supply cap to EGEM at the moment. A monetary cap will be put in place when the community determines that a logical progression would be to cap the total supply of the coin.

   2.Working Product and Community came first.
    EtherGem developers were already working on production ethereum products, so our roadmap begins with that core and community. That means we inherited all of the Ethereum stable core, smart contracts, and tokenization capabilities, with an altered difficulty that produces a shorter block time (13 seconds). We began adding enhancements like the Quarrynodes and integrated subchain. Since March (our launch) we have been listed on multiple exchanges, refined our stable core, released the Quarrynodes, a custom desktop wallet (Opal), built a terrific discord and telegram community, attended the Blockchain World Conference, hosted an ICO (Validity - formerly Division X) on our chain, developed the integrated subchain in the labs, we are operating on Trezor, and are recognized by CoinMarketCap, and MyEtherWallet. We built an entire new block explorer with api endpoints for continued development around the EGEM chain, produced a mobile wallet approved by the App Store, added continuous community to chain interaction with discord bots, and have planned for a fantastic 2019. It is now time to formalize our plans and hidden technology in the upcoming whitepaper. The plans for this release are in sync with the Sapphire testnet and should be in the next quarter. At that time we will update the roadmap to reflect the confidential aspects related to these projects.

    3. An "applied technologies peernet" is the EtherGem blockchainтAЩs integrated subchain structure. Dual mining EtherGem and an integrated coin on claymore is something new. The EGEM integrated subchain (code named Sapphire) is designed to be a platform that enhances the EGEM experience by allowing other coins to list on it as a Decentralized Exchange (DEX). Sapphire is very much an integral part of ongoing mainchain development where peers can implement new technology while continuing to rely on a solid foundation. The Sapphire subchain is currently in late stage development and early testing in the EGEM labs. We expect to see this product release over the next quarter. A lot of excitement is surrounding the Sapphire subchain because early EGEM miners and HODLers get a 2:1 Sapphire : EGEM airdrop at a to be released snapshot. Combined with the Quarrynodes, we feel that the sponsored Sapphire expansion will bring the EtherGem chain into mainstream use.

    4. A Quarry Node (QN) is the backbone of the EtherGem ecosystem. QNs function as masternodes: user maintained virtual private servers that require EGEM collateral [10k primary + 30k secondary] and in return for supporting the network's transactions, they earn the holder a daily fixed ammount of EGEM income. While Sapphire (the subchain) is in beta, the QN's reward come from the DevFund. After Sapphire is released, the goals for the QNs is to provide rewards will be added based on the EGEM network's transactions and the fees paid for the DEX listings. A Sapphire Sponsor Node (SpN) is similar to a Quarry Node, but instead of EGEM they will require some Sapphire collateral locked. These VPS are going to support the subchain infrastructure while providing the holders with Sapphire rewards. The ammount of Sapphire collateral required for a SpN will be calculated before release, based on the 2:1 (SPHR:EGEM) airdrop. A single Quarry Node and a Sapphire Sponsore Node will be able to coexist on the same VPS, providing both services to the network.

Also EGEM Devs are transparent and not "secret anonymous".  EGEM Devs have already attended conferences and post pictures of themselves having group dinner meetings.

Thank you for this post as it reminds me. According to the engineer who put the trezor interface together, both hardware interfaces are in progress. However, he reminded me that the trezor interface is actually only good after the next firmware update.

Also looking for a thumbs up on this post (ledger support request)....

https://github.com/LedgerHQ/blue-app-eth/pull/28

That will get ledger attention

Thanks!!

Message of the day.

News & Updates:
Roadmap info updated https://egem.io/roadmap.html

We have been added to CMC! https://coinmarketcap.com/currencies/ethergem://coinmarketcap.com/currencies/ethergem

Website:
https://egem.io/

Forums:
https://forum.egem.io/

Looking for Info?:
We use the forums as a central hub, please register.

EGEM Quarry Nodes

How much do i need?

10k for a Primary Node
30k for a Secondary Node (Higher reward.)
40k Total Required to hold and earn on both.

can we get EGEM on ledger? its only avilable on trezor atm

Everyone!

The EtherGem Whitepaper is currently being updated to include the details of our integrated subchain.

Read more:

https://egem.io/roadmap.html

Egem was added to SoloPool
https://egem.solopool.org/

With how active the EGEM community is, I do not have any doubts on our future.

This is great news. Graviex also looking very good as a newer exchange. 

Has your issue been taken care of?

EtherGem (EGEM) was added to Rubin Mining Calculator

Features:

• average time to find block for solo miners
• NiceHash rental calculator
• EtherGem pools list

EtherGem (EGEM) mining calculator: https://mining.alekseirubin.com/calculator/EGEM

Most profitable coins to mine: https://mining.alekseirubin.com/

https://coinmarketcap.com/currencies/ethergem/

The Opal Wallet was working but now all I get is a blank screen...anyone else having this issue?

can i take Spanish translate?

Good news from Dev:

 Everyone deposits confirmations at https://maplechange.com/ for EGEM have been reduced to 5-10 from 50, id like to personally thank them and i hope it will help see some more traffic head that way and also remind everyone they are a registered canadian company.

EGEM is on the voting list of https://safe.trade/

The how it works section here provides the info how to vote https://vote.safe.trade/

Nicely done.

Showing some more Quarry Node Stats.
http://triforce.egem.io/egem.php

Main ANN updated!