Topic: [ICO] AMAZON TYPE MARKETPLACE CURRENCY - ETHRE - Dual POW-POS Coin. NOW LIVE! (Read 562 times)

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ETHRE

The Ethereum Decentralised Dual POW-POS Concept Coin. Now Launched.

Our coin will be used as internal currency for our Amazon type future marketplace for buying and selling any listed items


After months of intense development we have now deployed some major changes to our infrastructure on the global blockchain. We have now officially launched our (Proof-of-Work/Proof-of-Stake) Ethereum protocol based service.



https://youtu.be/uPvS8Q51fq8



SPECIFICATIONS

- Name: ETHRE

- Exchange abbreviation: ETHRE

- Plural: ETHRES  

- Fractionised unit name: GWARS

- 2BN maximum total capped supply

- 2 decimals

- POW merged mining with Ether mining (5 coins per block awarded)

- POS plus compounding

- 2 Day coin-age required for POS mint





A STEADY DISTRIBUTION

The capped 2 Billion coin distribution will filter through via our initial distribution plan set out below and then gradually via POS - Proof of stake protocol. Birthing will occur from all coins in initial circulation and will take approximately 5 years to reach full circulation cap.

- Year 1 provides 100% POS returns
- Year 2 provides 50% POS returns
- Year 3 provides 10% POS returns

Merged Mining will cease upon the Ethereum POW to POS transition.






INITIAL DISTRIBUTION

100M     ETHRE coins to be sold via EtherDelta at $0.004 per coin

36M       Airdropped to random addresses over 3 years at 12M per year.

10.5M    Will be mined each year until Ice-Age initiated

200M     Treasury for future development





WHERE TO GET ETHRE
 
If you already mine Ethereum you could simply trigger an additional 'call function' and if you are successful at mining an Ethereum block, you will also be rewarded with your Ethre coins. Alternatively you can obtain your Ethre via an exchange.




 
ETHEREUM MERGED MINING

 
5 Ethre are awarded to all successful Ethereum block miners. Don't miss out on obtaining yours.

Approximately 1 Ethereum block is mined every 15 seconds, therefore the following approximately applies:

5 ETHRE / every 15 seconds
20 ETHRE / 1 minute
1,200 ETHRE / 1 hour
28,800 ETHRE / 24 hours
10,512,000 ETHRE / 1 year

(estimated in the event that all successful block miners claimed their Ethre via a call function)





ETHEREUM MINERS CALL OUR MINING FUNCTION VIA:


uint lastBlock;

function mineTokenReward() public {
if(block.number > lastBlock) {
lastBlock = block.number;
balances[block.coinbase] += 5; // add 5 tokens to coinbase
}
}




 
MINING VIA YOUR ETHEREUM WALLET

 
To mine ETHRE you no longer need purpose built systems. You can initiate mining via a wallet. The simplest method is to send your wallet address some ETHRE coins as this will trigger it's internal mining based on POS.

Another popular method is to activate the mining function via contract interaction. You can do this via utilising MyEtherWallet as seen in the screenshot guide below.

Note: Ensure that your ETHRE coins have been held in your wallet address for longer than the minimum 2 day coin age requirement before triggering POS mining.


1. Visit MyEtherWallet.com

2. Enter ETHRE contract address:

0xd416cf8c25e59d23cb0ea77cdf853cb972276384

3. Paste in our ABI code

4. Click 'Access'

5. Scroll down and click ' Select a function'

6. Choose 'Mint'

7. Set amount to send as zero

8. Set gas price to the the lowest you desire

9. Click 'Generate Transaction'






BUY ETHRE VIA EXCHANGE

Buy ETHRE on EtherDelta now via our website.

 

 

 
CROSS-ETHEREUM WALLET COMPATIBILITY

You can send and receive ETHRE via any standard ethereum wallet. Simply enter the following details to ensure your wallet is in sync with your Ethre balance. We recommend utilising Ethereum Wallet.

Name: ETHRE
Abbreviation: ETHRE
Decimals: 2
Address:  0xd416cf8c25e59d23cb0ea77cdf853cb972276384


You must also download our ABI from our website.






 
ETHREx COIN


Our previous version of ETHRE has a static 100M capped coin supply. These can still be bought and traded on EtherDelta. They do not offer the proof-of-work or proof-of-stake feature.

Name: ETHREx

Abbreviation: ETHREx

Decimals: 2

Address:  0xAd236771F1812d8Fe47182003831592C38076b5c

100M maximum total capped supply

Fractionised unit name: GWARS







You should also input our ETHREx ABI into your wallet, as found on our website.




We hope that you enjoy testing our service and coin.

If you would like to be a part of our free airdrops please submit your address via our AIRDROP SUBMISSION FORM ONLY: https://form.jotformeu.com/80265450529356


We also have a few videos on youtube regarding our plans and it also shows you our new office base!

Our youtube channel can be found at the base of our website Ethre.tech