Post
Topic
Board Announcements (Altcoins)
Re: ANN-EMC2 Einsteinium FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY KMD-dPoW
by
bluelab
on 17/10/2020, 17:59:40 UTC
Hi all,

We did extensive testing last week, and can confirm Dag regeneration is working good now.
Mining with multiple nodes and blocks syncing in the network works too. We did not notice any issues with transactions and MIL addresses.

This was all without the wormhole. We  will start to work on tuning wormhole algorithm next week and will give you second update on that.

We talked to mining farm that is  helping us testing the MIL.
They told us that its expected for ETH DAG to bypass 4Gb at the end of the year. Since most miners are using 4Gb graphic cards they wont be able to mine ETH anymore.
We  think that's good opportunity for us to attract good portion of that mining power to MIL.

Secondly, EMC2 Foundation has been meeting extensively regarding the DeFi topics.
Update on this is following.

Since our last update we’ve been working on reengineering Wormhole feature of the MIL coin.
It is just done and specs could be found here: https://einsteinium-foundation.squarespace.com/dev-blog/2020/10/17/wormhole-v2-mil-update

It was necessary, because not all wallets would enter into Wormhole mode at once, and this would cause sync problems and blocks rejection.


With this taken care of, and the DAG file regeneration issue resolved, we can say that MIL coin is code complete.

We are looking now at jumpstarting MIL network, test network first, followed by main net.

A small MIL coin deployment roadmap will be created and published.

In addition to heating up the MIL network, next on our plate would be testing EMC2 snapshot and MIL distribution modules.

Thank you for your patience and support.

Emc2 Dev Team,