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Author Topic: [ANN][ELE] Elementrem - Smartcontract BlockChain | More Fast, More convenient  (Read 22784 times)

elementrem

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Re: [ANN][ELE] Elementrem - Ethereum clone smart contract BlockChain
« Reply #30 on: May 03, 2017, 08:50:52 PM »
Elementrem HardFork(EIP 150, Spurious dragon:EIP155/160/161/170, Tron recursive) is just around the corner.
If you have not yet replaced the client with the latest version (gele 1.5.97 / Mist 0.8.97), please replace it soon.

What happens if I do not update my client?

If you do not update the client, it will connect to the pre-fork chain. All transactions and mining are only activated in pre-fork, which is independent of the main elementrem network. ELE Market and ELE explorer use Main Elementrem Network, so It is not possible to use or verify all transactions in Pre-fork.  Also, support for all future updates is not available.

Why are we proposing to hard fork the network?
Elementrem's hard fork is based on Ethereum Improvement Proposals (EIPs), which contain significant information to defend against network attacks. And We will increase the value by limiting the supply of ELE by reducing the amount of mining, which will increase the number of nodes participating in the Elementrem Network.

What happens if I update my client late?
All transactions and mining information generated by prefork are initialized. All of the pre-fork mining rewards disappear, but both ELE sent and received in pre-fork transactions and exhausted gas are returned.
At the gele console you can see the process of converting the DB and you will see a message like `converting .... canonical numbers .... converting .... blocks`. When the DB conversion is completed, the message `Database conversion successful` is output. In rare cases, some users may occasionally experience problems that they can not sync. In this case, you need to initialize the Elementrem DB. See this link: https://github.com/elementrem/mist#troubleshooting
« Last Edit: May 03, 2017, 08:53:23 PM by elementrem »

elementrem

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Re: [ANN][ELE] Elementrem - Ethereum clone smart contract BlockChain
« Reply #31 on: May 12, 2017, 06:37:21 PM »
ELE's hard fork(EIP 150, Spurious dragon:EIP155/160/161/170, Tron recursive: BlockReward reduction 5ELE -> 1ELE ) has been successfully completed.
« Last Edit: May 19, 2017, 02:25:40 PM by elementrem »

angelo38

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Re: [ANN][ELE] Elementrem - Ethereum clone smart contract BlockChain
« Reply #32 on: June 27, 2017, 08:40:46 PM »
What happened the dev forgot about this project

elementrem

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Re: [ANN][ELE] Elementrem - Ethereum clone smart contract BlockChain
« Reply #33 on: July 15, 2017, 12:16:56 AM »
Elementrem official website has been reorganized.
https://www.elementrem.org/

elementrem

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Re: [ANN][ELE] Elementrem - Ethereum clone smart contract BlockChain
« Reply #34 on: October 17, 2017, 01:07:58 PM »






Elementrem will be listed on HitBTC.


Some key business and Blockchain trends are converging which ideally suit core mainframe values. And yet, we have been keeping an eye on the situation because the extent to which the potential impact of blockchain applications can be improved. But obviously we have been doing a major update of Elementrem, and since the Elementrem platform was released in July 2016, it has always been consistently reliable.



Arnold Toynbee - It is a paradoxical but profoundly true and important principle of life that the most likely way to reach a goal is to be aiming not at that goal itself but at some more ambitious goal beyond it.



Now We've set important goals, And we are very pleased to be with HitBTC at the beginning of that goals.



Elementrem uses Ethereum technology and has been using quite a few Git repositories with regular updates. Ethereum is a tremendous masterpiece, and I will not deny that Elementrem is a replica. But Simply compare Ethereum as petroleum resources and Elementrem as coal resources. Petroleum resources are the foundation for a high-level industry and boast tremendous utility. But for those who simply need just heating, coal will be cheaper and more useful than oil. We think SmartContract can come up with similar issues. For those who think Ethereum Gas Price is expensive and want to take advantage of simple features, Elementrem may be more attractive. Elementrem is essentially compatible with Ethereum's Smartcontract, but at the same time it is very cheaply available. The entire elementrem platform environment is designed to work in concert to provide the total operational control of flexibly adapt to the inevitable changes and fluctuations in the marketplace. So, We believe we goad it towards that goal in a number of ways.



Elementrem Solidity will be upgraded within mid-November, and when this update is complete, some command modifications will make Ethereum's SmartContract compatible with almost 90%. Of course, Elementrem Solidity is still working very well, and you can find out about it in the Elementrem official webpagelink and Elementrem Github-SmartContract eg. When the update is completed in mid-November, it will be much stronger than now. After that, the new block explorer will be equipped with contract tracking. These technologies enable end users and organizations to efficiently use the `Contract` they want.



You will probably be wondering, in conjunction with the Elementrem Difficulty bomb, whether we will choose between POW and POS in the future. Befor I tell you, Elementrem successfully performed Tron HardFork at 1.9 million block, which includes adjusting the mining reward. Therefore, mining reward adjustment is not considered.

We can assure you that hardfork that solve `difficulty bomb` will be carried out at the right time. And we are enthusiastic about Ethereum Metropolis, so there is a high probability that we will convert Elementrem into a POS system in the future, but this is not yet clear.  The fundamental principles of these update direction is to ensure that existing ELE holders benefit, and future updates will continue to adhere to these principles, so stay tuned.


elementrem

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Elementrem Solidity has been updated.
https://github.com/elementrem/solidity
https://github.com/elementrem/solc-js
https://github.com/elementrem/solc-bin
Ethereum Solidity is not fully compatible with Elementrem because Ethereum and Elementrem have different command sets. Elementrem Solidity is specialized in Elementrem, and you can build it yourself through Sourcecode or download the binaries. Details of the update can be see through the release tap of each Github. Users do not have to work right now to apply the Elementrem Solidity language somewhere. Solidity will be used as a link between the new BlockExplorer and wallet. Elementrem new BlockExplorer is scheduled for launch in December. At the same time, https://github.com/elementrem/smartcontract-example will have more ways to use contracts, and new blockexplorer and wallet will give users a more convenient way to use contract.
And Elementrem will perform a fork to regulate the increase of difficulty mining level before POS conversion. Also, we will set the block generation time faster by adjust the block target time. This will improve the performance of the contract, and it will be faster and lightweight than Ethereum.

elementrem

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Elementrem Wallet has been updated.

Download Elementrem Neo Wallet 0.9.3


● The dramatic increase in smartcontracs.
   You can discover a lot of other useful information in smartcontracts-eg
● Fix and update npm dependencies
● Update Elementrem Solc 0.4.18
● New way to reach logs from application
● Increased security by leveraging the use of a fully isolated JS context between Mist and the Dapps.



We apologize for late updates.

Elementrem Wallet 0.9.3 has been a dramatic enhancement for the SmartContracs.
The Elementrem platform allows you to run SmartContracs such as ERC20(Elementrem token standard), crowdfund, voting, autonomous organization and etc.

It is also very easy to make compatible with Ethereum smartcontract code.
Please change as follows(Please note that all code are case sensitive):
eth -> ele
ether -> element
wei -> mey


Elementrem SmartContracs-example will be constantly updated. Stay tuned!


The next update is the New blockchain explorer.
And Exciting things are coming down the pike.

elementrem

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I am pleased to announce that elementrem has become a member of The Hyperledger.
https://www.hyperledger.org/announcements/2018/01/25/hyperledger-kicks-off-2018-with-27-new-members-2

We will work together with Hyperledger to help companies utilize blockchain effectively as a familiar interface regardless of their type of information.  ;)

There are so many other great things waiting for you.
You will see the amazing future of Elementrem.

elementrem

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Blockchain technology and our lives are inextricably linked and those should be considered together.

You may not be able to feel the blockchain has begun to get involved in your life, but blockchain technology can compensate for the disadvantages of existing centralized systems or replace the entire system. (Moreover, even without explaining the superior capabilities of blockchain technology, the breakthrough in cost savings is coming to an irrefutable industrial revolution.) And progressive companies comprehend that considerable financial savings can be realized by employing a corporate strategy to Introduction of Blockchain technology. These things are self-evident even if I do not explain them.

You would probably want Elementrem to quickly develop into the mainstream of the Blockchain world as soon as possible. Some Blockchains and Tokens have developed into the mainstream in a short period.
Let me get something straight here.
Have you ever imagined a world where electricity is free? It looks wonderful, but as you know it is impossible. The raw materials are limited, and considerable resources such as time, labor and equipment are consumed to collect the raw materials. Even though the raw materials are unlimited, more resources are depleted for power plant construction and power transmission. Anyway, if the electricity is available free of charge, the power plant will explode with overload or be in trouble.

Here we can find some similarities with Blockchain World.
The raw materials can be compared to the computer/network, and the power plant can be compared to the blockchain system. What is the electricity usage charges? Yes, it is Cryptocurrencies. (This is a way to tell you more readily than making a proper comparison). We pursue the right balance of raw materials, power plants and electricity usage charges, but striking the right balance is super tricky.
So we have set the principle that we will only work on improving the functionality of Elementrem; the most important thing is the reliability and durability of a platform.


Numerous blockchains are broken due to unstable functionality and unreasonable radical updates. This phenomenon is no different from a power plant being shut down. We are building a power plant that is very robust and can last forever even if it is slow to make. We have been doing stable updates for a year and seven months without stopping, and our ultimate goal is to make the Elementrem Power plant eternal.

Let’s not forget the currency value of Element(ELE). This is very important concerning operating a blockchain network. This point has many discussions and issues that have considerable validity, and I agree with most of them. Anyway, in previously explanation, I compared the currency value of Blockchain to the electricity usage charges.
The blockchain, designed by Satoshi Nakamoto, can ultimately be used to centralize and process raw materials (Computer resources) that are spread over a wide area and provide a significant technology (Comparable with electric power) that can be used in the new world. The reason for this comparison with electricity is that it has an extensive range of applications to cause an industrial revolution, and it is a system that needs to be paid as much as it is used.

Some say Bitcoin is just a number and a monetary unit, but it's not at all. The bitcoin is a means of payment that can generate a "contract" on a bitcoin blockchain platform and can use data storage / complex computation/automation processes depending on its use. Besides, the non-centralized mutual verification method can remedy the shortcomings of the existing system.

There is one crucial thing that we must remember.
"If the proper usage charges is not calculated, it cannot be used."

However, the truth of the matter is that We do not think there has been an awful lot of very substantive research on this.
How should we calculate our prices electricity usage charges?
If it is too expensive, it may be more useful to use microgeneration. Conversely, if it is too cheap, what do you expect? You get what you pay for.


Most of the usage charges will be imposed by the country or organization, but is this reasonable? If we consider only a few things such as raw materials, power plant type, power transmission facility, maintenance cost and so on, we can get a more reasonable usage charges. Even if a reasonable usage charges is derived, usage charges will be further subdivided depending on the quality of electricity, voltage, supply stability, and Intended use, etc.

It is a complicated problem, but if you leave it to the principles of market economy and free competition without the intervention of a country or the organization, the usage charges will be calculated very efficiently. Compare to the blockchain ecosystem; we must assume that the electricity supply can be supplied freely and not uniformly by any organization or country.


If our team stick to these principles as much as possible, We should refrain from any action that can change the usage charges as much as possible. Our team will show you updates and strategies for Elementrem, but refrain from community involvement and pump & dump actions. Although it can boost prices as a result of promotions and diverse community activities and news and announcements, this is not good for Elementrem in the long run.
An attempt to get into the mainstream with excessive force in childhood can over-activate potential risk, increasing the risk of meltdown in adulthood. In fact, many Blockchain has collapsed or disappeared because of this. If you've been watching a lot of Blockchain and Token for a long time, you get my point.


But, That does not mean we do not do them at all. We will be active in communities, promotions, and news at the right time. Oh, and we know for sure that we need to add the market list of Elementrem. A new Market will soon be added.

As you probably know, We are a member of the hyperledger.
“We have no doubt that Hyperledger will become a necessity for enterprise blockchain,” said Isaiah Kim, Founder and CEO, Elementrem. “It is a great pleasure for us to carry out the project with this vibrant community. At Elementrem, we are well aware of how important it is to migrate existing information into blockchain in a flexible way in order for companies to be able to process their new information for evolving business needs. We will work together with Hyperledger to help companies utilize blockchain effectively as a familiar interface regardless of their type of information.”

Today, we live in an ecosystem where various blockchains co-exist. Each Blockchain has its advantages and disadvantages. Not only Bitcoin but also the frameworks of The Hyplerdger. What if you could manage and use these blockchains in unison? And the technology of Blockchain has excellent utility, but it is still not enough to replace the existing system. What if there is a way to integrate efficiently with current systems?

You can view this question as a very forward, very advanced way of thinking about the blockchain ecosystem.
We have proposed to the hyperledger how to use multiple blockchains in unison with Elementrem and existing DB systems, and The hyperledger is also very interested in this proposal. It’s not an easy job. However. We set extraordinary expectations and goals, and we believe in the joy of achieving significant results. We named this project "geniela", and details will be announced later. Due to the geniela project, the roadmap will be revised drastically. ;D
« Last Edit: March 05, 2018, 12:20:22 PM by elementrem »

 

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