Guess what. The project is live now on Arbitrum, with the integration of Omni layer events and a completely fresh design.

Legit and helpful seller

New version of Web miner, and Android wrapper miner.
+ Fully automatic: wait for new block, send bounty transaction, waiting for new confirmation and auto submit.
+ Dark theme and layout.

Ropsten Web Miner: https://endur.io/miner
Ropsten Android Miner: endurio-0.0.1.apk

Building from source is always available.

Ropsten Testnet Web Miner: https://endur.io/miner. You need:
+ A Private Key (don't use keys with any valuable coin/token)
+ Some test coins: BTC-TEST and Ropsten ETH. (You can search for their public faucets and get them for free)
+ 3rd party API keys: Infura, BlockCypher, Tatum.io. (You can register and get them for free, they're all well-known crypto API services)

The miner is fully automatic (on PC browsers) now. Leaving a Chrome tab open with Auto Mining enabled will earn you Ropsten END constantly.
Mobile browsers are not fully automatic yet, you need to open and view the browser tab every 10 mins to keep it mining.

The contracts are verified and published in Ropsten at 4 addresses:
+ 0x0252d8DFd20938f5bd314dEd7f03Cd82070Dc1cc   Endurio
+ 0x66647D8933979cCD0128ddAe5D07FABe4FeB43DE   BrandMarket
+ 0xc7920b800569ac8895e1a0ba3869b6ddf56717e3   PoR
+ 0x4f669b0d2d72e19ede7ccffdc2299aeee83d64c0   RefNetwork

Honestly, it's only simple for someone who knows about crypto. I would be surprised if someone non-technical can make it works without help.

The miner is fully automatic (on PC browsers) now. Leaving a Chrome tab open with Auto Mining enabled will earn you Ropsten END constantly.
Mobile browsers are not fully automatic yet, you need to open and view the browser tab every 10 mins to keep it mining.

The contracts are verified and publish in Ropsten in 4 addresses:
+ 0x0252d8DFd20938f5bd314dEd7f03Cd82070Dc1cc   Endurio
+ 0x66647D8933979cCD0128ddAe5D07FABe4FeB43DE   BrandMarket
+ 0xc7920b800569ac8895e1a0ba3869b6ddf56717e3   PoR
+ 0x4f669b0d2d72e19ede7ccffdc2299aeee83d64c0   RefNetwork

I didn't notice my domain is automatically 'parked' by god-damn Godaddy. The domain and the web miner should work by now.

The contract is live on Ropsten Testnet. And the first version of Web Miner is out. Enjoy!

Ropsten Testnet Web Miner: https://endur.io/miner. You need:
+ A Private Key (don't use keys with any valuable coin/token)
+ Some test coins: BTC-TEST and Ropsten ETH. (You can search for their public faucets and get them for free)
+ 3rd party API keys: Infura, BlockCypher, Tatum.io. (You can register and get them for free, they're all well-known crypto API services)

Only on local testnet, it will be deployed on public testnet, once the web-miner is finished.

Hi, I'm creating a new ERC20 token (END) with the following economic model:

Every Bitcoin transaction can be sent with memo text in an OP_RET output. This memo can be used to promote user brand in everyday transactions.
The Endurio Protocol is designed to create an incentive for Bitcoin users to include a small memo into their everyday transactions to promote any brand paid in the market.

To mine "SomeBrand" is to:
1. send a Bitcoin transaction with the first OP_RET data begins with “SomeBrand”, and wait for a confirmation,
2. relay that transaction to the Endurio contract on the Ethereum network.

https://raw.githubusercontent.com/endurio/media/main/btc-tx-mining.svg?sanitize=true

END Token Economic:

• END’s initial supply is ZERO. No token is pre-mined. No ICO.
• END is freshly mined only by successful mining "endur.io"
• In the Brand Market:
  
  • END is required to fund user brand campaign
  • END is paid by campaigns to the miners mining user brand
• In the Referral Network:
  
  • END is burnt to pay for rent.
  • END is paid as a commission for each successful mining.

Details document is here (temporary): https://endur.io

I just finished the contract code and unit-tests, waiting for the security audit. I'm starting to code a simple web-miner, where anyone can start mining using MetaMask, ezDeFi, etc.

Please follow and contribute to https://github.com/endurio if you are interested. Or email me at zergity@endur.io

That's what we are trying to solve.

You can join mining or staking when the chain goes public. Mining is much like ETH mining, although you cannot hop between Ether and YggChain, but the rig should be quite the same.

There will be limited YggCoin can be mined, but the total coin supply is not fixed nor deterministic. Remember, this is an elastic supply cryptocurrency, the circulating supply of both tokens is always contracting and expanding depend on the market demand of YDR.

Affirmative! We will release bounty in the first public phase to demonstrate the stabilization mechanism. There will be the first version, where:
1. The chain is (temporarily) permissioned, nodes can only be run by the team.
2. No mining reward, (until it goes public and permissionless).
3. Both tokens will be listed in an exchange or two. (At least a very small and new exchange, because we are not popular nor super rich).
3. Bounty will be distributed to the community to attract trading activity, just enough to generate some liquidity to demonstrate the stablization mechanism.

IOU token is less risky in case of crypto currency crashing, yes, because it basically is fiat money being recorded in a blockchain, no more nor less. The same way your money is recorded in a database of a bank.

IOU token is much more risky than Segniorage Shares stablecoin in term off trust (service security) and technical security. In Segniorage Shares, no one owes anyone anything, so your money cannot be stolen nor cheated. While Tether can always run away with your money, or lies about a security breach to declare bankrupted.

Well, USDT is extremely easier to implemented because it's centerlized service. Otherwise, I don't think there is any drawback/weakness for this kind of project over USDT or TUSD.

The idea behind Seigniorage Shares, is to use another token to aborb the price volatility for the main price-stable token. The absorbing mechanism is based on the Quantity Theory of Money:
1. When the YDR price is > 1.0 XRD, convert YggCoin to YDR to increase the circulating supply of YDR and drive the YDR price down until it reaches exactly 1.0 XRD.
2. When the YDR price is < 1.0 XRD, convert YDR to YggCoin to decrease the circulating supply of YDR and drive the YDR price up until it reaches exactly 1.0 XRD.

The conversion ratio (YggCoin/YDR) is totally market-driven, which is done by a built-in public auction provided by the chain. Anyone can participate the auction from the wallet and profit with the price difference, keeping the token price around the desirable value - 1.0 XRD.

More detail with graphical illustration is in the first chapter of the White Paper: yggchain.io/wp.pdf.

We want to focus on the payment (instead of smart contract and dapp like Ethereum), so we decide to go with Bitcoin-like architecture. But the Token Oriented Smart Contract is a very desirable feature we want to add, especially when we're having a very good draft for it. But again, it's not top priority for the project.

Hi, we have several paragraphs in the paper explaining why this over DAI (and other collateralized stablecoins). The most important reasons are:
1. Theoretical more robust against Black Swan Events (i.e. coin-price drops too quick).
2. More scalable: market cap of DAI cannot be expanded over it's collateral asset market cap (ETH).

No, you are not late to join. There isn't a plan for an airdrop, there might be not even an ICO. We just want to get feedback from the community, and with any luck, attract someone interested in the project to join our team.

Thank you. It's a long way. With this kind of project, we cannot rush anything.