Topic: Enecuum — Blockchain of the Future - page 10. (Read 24994 times)

It`s ready! Our test network has been running for several weeks, but only now we decided to open its statistics. PoA and HyperDAG are doing an excellent job. Statistics are dynamic and updated every moment.
https://testnet.enecuum.com/dashboard/snapshot/o1B4U1OMG55XD0LRpq94Ph5rWDAFTxPV

Those who follow Enecuum and will be in Hong Kong on March 20 at Token 2049! Meet there our CEO Mikhail Sayfullin (Telegram @Sayfuller) and CTO Anton Nikonorov (Telegram @enecuum_CTO). If you are looking for a way to implement a blockchain into your business to obtain a competitive advantage or look for an environment suitable for launching your new project - there is a serious chance that this meeting will become Fateful.

Our GitHub is open. If you are wondering how our code works, welcome.
The links speak for themselves:
https://github.com/Enecuum/DirectAcyclicHyperGraph
https://github.com/Enecuum/pvcn-hashloop
https://github.com/Enecuum/Node
https://github.com/Enecuum/AndroidApp
https://github.com/Enecuum/enqm

i think all  about this project sounds interesting, definitively keep an eye on it.

Yes, it is.

Is it worldwide?

Meet the speech of our CTO at the fifth meetup for blockchain developers in St. Petersburg. Feel free to use English subtitles.
https://youtu.be/kthw_TQJc6U

Thank you! We believe in our project and are happy when it evokes enthusiasm among the members of the community. Some companies have already become our partners. These are the companies King and Woord Malleson - our legal partner. And URBO - our ecosystem partner. If you want to join - please, tell us more about yourself. You can use PM at bitcointalk forum or send a message via Telegram to our Community Manager Sergey Dryamov @enecuum_community.

wow this is interesting.am looking at all what you wrote and am imaging what the future brings to us as crypto lovers...so do you have intention to do some partnerships?

Well done!
Here is more information on this topic.

Hybrid Consensus Algorithm
In Enecuum, the consensus is achieved through interaction between the following three mining algorithms: Proof of Work (PoW), Proof of Activity (PoA) and Proof of Stake (PoS). This combination makes it possible to achieve the maximum degree of network decentralization, while significantly increasing both the network security level and its speed.

The transaction confirmation process implemented in Enecuum can roughly be divided into 3 stages corresponding the algorithms mentioned above. There are two approaches to the first stage. The regular one is where miners connected to the PoW network calculate the hash for blocks of varied size, each for its own block, in parallel. After a hash satisfying current requirements for its complexity is found, a miner fills the block with transactions and translates it to the network for the second stage involving transaction verification by PoA miners. The second approach is for a PoW miner to calculate the hash, create a macroblock and hold it open for a team of PoA miners to fill it with microblocks containing transactions.

Hybrid consensus algorithm During the second stage, PoA miners, divided into teams act correspondingly to the chosen PoW scenario. In case of the first PoW scenario described above, they check the hash in the translated block’s header and verify the transactions in the block. In case of the second PoW scenario, they check the hash in translated block’s header, create a microblock, fill it with transactions, and send it to the macroblock of the PoW miner. In total, a team sent to the macroblock 62 microblocks each containing 40 transactions. Then, depending on the transactions included in the block, attach PoA miners attach it to one of the system’s branches. Checking the block hash for correctness does not require large computational capability, and this operation can be performed even by most simple devices, including a mobile phone. The same applies to microblock creation, filling it with transactions and transaction verification. The process of a PoA team formation involves calculating a hash to enter the team. Each team can have max 64 participants and is organized based on analysis of several parameters, including the node’s geographic location and other parameters, in order to achieve the highest consensus security level.

During the third stage, PoS miners continuously re-check balances of all the wallets in the system. For this activity, PoS miners receive a portion of the mining reward, in the form of an interest.
The interest depends on the miner’s balance in two ways:
First, the system defines the minimum and maximum balance thresholds outside of which a miners is not able to gain any interest whatsoever, and second, the interest grows as the PoS miner’s balance grows from the minimum to maximum threshold. In contrast to existing reward methods, where the network generates new coins immediately upon discovering a valid block, Enecuum, at this stage, issues marks that are added to the wallet balance, whereas the real mining payment is performed, on average, once a day. This way the system is protected against possible attacks on the mining algorithm as well as attempts to gain control over the majority of the computational capacities (e.g. through ASICS).

Hybrid Consensus Algorithm.
Needed to google it, all clear now 

A roadmap is available at https://enecuum.com/. Answers to other questions will appear a little later. Be patient.

We will start mining in April. We do not plan to develop the pool artificially.

What about other information about the project, roadmap, exchanges, total supply? At least this topic is not being informed. Thank you

Wallet or pool?

We have launched a test network and can say that HyperDAG and PoA emulation work just as they should.

We will start the mine net in April.

Enecuum - a conceptually new type of blockchain of the 5th generation, which was designed completely from scratch. Along with the development of already well-known ideas, he also introduces a whole range of completely new technologies, which in sum significantly changes the situation in the industry.
Enecuum is initially optimized for building real business applications, focused on solving practical problems, including from the real sector of the economy. An API is also available for rapid integration with existing business processes.
A number of ambitious projects from the sphere of trade and services are already based on this detachment!

To date, there are two main approaches to the storage of transactions in distributed registries:

• in the form of blocks (Bitcoin, Ethereum, and many others),
• and also in the form of Directed Acyclic Graph (IOTA, Byteball, Universa).

Enecuum harmoniously combined these two approaches into one and created a completely new method of recording transactions, which he called HyperDAG.
Its main difference from DAG is that transactions entering the system can refer not only to one of the previous transactions but also to their group (which is included in the block). As a result, HyperDAG successfully combines the advantages of both methods and simultaneously covers their shortcomings - it processes thousands of transactions per second and has a high degree of protection against attacks.

By using HyperDAG to record and store transactions, Enecuum is ideally suited for the implementation of shading, which makes it possible to divide the blockchain into several smaller parts represented by separate branches (or parts thereof) and processed in parallel.
Thus, in combination with the variable block size, Enecuum can efficiently process tens and hundreds of thousands of transactions per second without compromising the security of the system, as a result of which transactions commissions will in most cases be zero or have minimal values.

The combination, f three types of mining (PoW, PoS and PoA) organically combined in Enecuum allows to achieve maximum decentralization of the system at once in two planes: not only geographically, but also among different types of devices, that is, in the context of social layers of the population.
Thus, not declared, but algorithmically guaranteed decentralization becomes the most important cornerstone of the Enecuum blockchain.
Significant security improvements are also available at the level of smart contracts that are implemented on the basis of linear logic, which almost eliminates errors.

After looking through the GIT-repo and your Homepage: Mining isn't possible yet, am I right?
Overall this project sounds interesting, definitively keep an eye on it.

There was a lot of projects are working on it right now, but some already launched the platform and they trying to develop another innovative idea. Is there a creative idea rather than told us to fix the common problem in the old blockchain?