Exereum(EXM) new coin from ETH Fork , Fork on 4 of July 2018 12:00 -18:00 UTC

in #ethereum6 years ago (edited)

THE PROJECT FEATURES

1. Fair distribution

No ICO: this is a fully non-commercial project with a technological research aim.
The initial emission will be partly distributed via a fork among the Ethereum holders. A reserved share will be gradually distributed among the ERC-20 tokens holders.

2. Capacity

The fork is using a 2-level network architecture:
Masternodes are responsible for transactions verification.
POW nodes are responsible for adding blocks and synchronisation.
Moreover, there is a possibility of using the turing-full smart-contracts.

3. The emission

50% of tokens emission is distributed between the masternode holders providing a high speed of transactions processing. The rest 50% of emission is distributed between the POW nodes according to the hashrate proportion.

4. Active cooperation

The team is negotiating with the decentralised services and applications developers to launch it based on our network.
A part of reserved Exereum coins will be gradually distributed over the years between the token holders of these services to grow the network value.

5. Exchanges

The Exereum team is currently negotiating with the exchanges about the users deposit snapshot and a further Exereum listing.

6. Anonymous

We are going to integrate the ZK-snarks certificates powered by ZCash team in our network (look roadmap)

The fork parameters

Ticker: EXM

Fork time: 4 of July 2018 12:00 -18:00 UTC

Initial supply: 200,000,000 3.1. ~ 100,000,000 - Ethereum fork 1:1 3.2. ~ 200,000,000 reserve for distribution among other projects holders.

Emission inflation:

  • The first year - 20%

  • The second year - 10%

  • The third year - 5%

  • Later - 3% annually

Rewards distribution:

  • Masternodes: 50%

  • POW nodes: 50%

Masternode requirements:

  • 60,000 Exereum per node

Block size: 2MB

Block interval: 15 seconds

Scalability: 1000-10000 tx per second

Tx Fee: commissions are distributed among the master node holders and the holders in proportion 50/50.

Anonymity: ZK-snarks integration in future plans.

Roadmap

February 2018 - start of the project concept development.

April 2018 - technical research and the development start.

May 2018 - public for announcement.

4 of July 2018 (12:00-18:00 UTC) - fork date (Ethereum blockchain snapshot).

October 2018 - test network launch.

November 2018 - masternode system testing.

December 2018 - main network launch. Public client release v 1.0

No date: ZK-snarks integration

The roadmap will be expanded over the project development.

How to get the Exereum coins

The team is actively negotiating with the exchanges. But to ensure that you get the tokens, you have to hold ETH on any wallet during all the fork period on 4 of July 2018 from 12:00 - 18:00 UTC, that will provided an access to a private key.

After the main net launch everyone who fulfils this stipulation will receive Exereum in proportion 1:1 corresponding to the amount of ETH in the wallet at the moment of the fork.

*** This for some detail, i will give you more detail when i have many detail***