ERON MINER is the mining application for ERON TOKEN where all users can earn 1 ERON/hour and 20% of the current mining rate of every person invited into their downline.
As the mining process will create tokens, there will be a 50% cut of the mining rate at the following milestones:
The total mining supply needed will be 175.000.000.000 ERONs.
Every 50% cut of the mining rate will also mean a 50% cut of the referral commission of 20%:
Once the total needed supply will be complete the application will stop mining.
All users will be able to see the mining balance in their account on the application at any given moment.
The users will receive the mined balance once the total needed supply will be accomplished. At the end of the process, once they receive their tokens, they will have the option of putting all mined tokens into a staking pool, where they will receive 10% interest/ month.
The main goal of this mining application is to supply liquidity for the upcoming ERON MARKET and ERON PAY.
The users will be able to use their mined ERONs in the ERON MARKET in order to buy products. The value of the mined ERON at any given moment will be the same as the value of the ERON TOKEN that will be listed on the exchange.
Technical overview of the mining process: The current intent at ERON is to use a mining algorithm where miners are required to fetch random data from the state, compute some randomly selected transactions from the last N blocks in the blockchain, and return the hash of the result. This has two important benefits.
First, ERON contracts can include any kind of computation, so an ERON ASIC would essentially be an ASIC for general computation - ie. a better CPU.
Second, mining requires access to the entire blockchain, forcing miners to store the entire blockchain and at least be capable of verifying every transaction. This removes the need for centralized mining pools; although mining pools can still serve the legitimate role of evening out the randomness of reward distribution, this function can be served equally well by peer-to-peer pools with no central control.
We are a team of professionals, each specialized in a particular field.
The most important numbers
Due to unforseen situations we have had to change our BSC contract. New contract:
0x5B858f8f2369220bc840c06E0bFb9C2742879480
45% Company Wallet
25% Charity Wallet
15% Marketing Wallet
15% Team Wallet
Locked until October 17th, 2022.
Taxes:
1% Liquidity Tax (burnt quarterly)
1% Charity Tax
1% Marketing Tax
The blockchain relies on a boot node that allows the connection of other nodes within the blockchain. In time, virtual machines will be added and connected to the boot node in order to facilitate the validation mechanism for blockchain transactions, but also to offer API to verify transaction hashes, transfers, deployments of smart contracts and so on.
All servers run Linux OS and are protected by a datacenter firewall, as well as an operating system firewall. Currently the network is private and in the future the virtual machine can be downloaded in order to start decentralising the network.
Being an Ethereum based network, it automatically supports ERC tokens, thus people can choose an ERC wallet or ERON Wallet to store the ERON tokens deployed on ERON blockchain.;
For the moment there is a published boot node on cloud server and 28 nodes on private servers that are connected to the boot node.
ERON MINER is a registered trademark of ERON PROJECT AND DEVELOPMENT
You can contact us using the contact form or the details below.
team@erocoin.com