Before we get started you to know have some basic information about hard fork
What fork/hard fork ?
In simple terms: A hard fork is when a single cryptocurrency splits in two. It occurs when a cryptocurrency’s existing code is changed, resulting in both an old and new version. Meanwhile, a soft fork is essentially the same thing, but the idea is that only one blockchain (and thus one coin) will remain valid as users adopt the update. So both fork types create a split, but a hard fork is meant to create two blockchain/coins, and a soft fork is meant to result in one. Segwit was a soft fork, Bitcoin Cash, Bitcoin Gold, and Segwit2x are all hard forks.
Today we are going to talk about ethereum hard fork Exereum
Exereum is the first private Ethereum based asset . Exereum (EXM) it is not a commercial project designed for a technological researches. The team’s global goal is to create a highly-productive system that uses smart contracts to provide the transactions privacy between the network members.
Exereum team plans to attract developers of decentralized services and applications to launch them in Exereum network. Some of EXM coins are reserved to reward such projects’ communities via a series of airdrops.
How can we get EXM ?
You can just hold the ETH on your Ethereum wallet to get the standard reward. To get reward x2 you should register your wallet on the special form (participate AirDrop).
Some technical parameters
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.
Website link : http://exereum.net/
Bitcointalk Ann thread link : https://bitcointalk.org/index.php?topic=4206916.0
Author : BCT profile link : https://bitcointalk.org/index.php?action=profile;u=2087674
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