Quote from: JHB3 on August 01, 2017, 11:03:51 PM

Quote from: autoria on August 01, 2017, 06:33:20 PM

Quote from: Kanoe_Yuuko on August 01, 2017, 02:33:52 AM

Is there a strategy update for this coin?
this looks like a nice project, lets hope the team and the devs stay on top of things and make sure everything runs smoothly! best wishes!

The strategy is to develop a proof-of-stake ERC20 token that can be modified and tweaked to an individual's liking, deployed across a private chain, and then used in their own applications, whether they be casual games or value transfers where blockchains are required. Autoria is an example of the robust ERC20 token model we have developed (see the Yellowpaper), and we are now developing a system in which people can configure their own digital currencies on their own private blockchains with a few commands in the terminal.

The end goal is to have private chains that run without any transaction fees (because developers run their own servers that mine for them to clear transactions), and to have each of those chains hook into a private main chain used only for interchain communication. This chain will also be free, as each private chain will run mining for their own private chain and transactions on the main chain. Our goal is to streamline the blockchain networking process so that meaningless transactions don't clog up the network, and we stop wasting expensive energy on mining functions that are mostly meaningless hashing methods and very little actual work towards moving and confirming transactions.

That being said, the former is what you're participating in! And Hadron is the latter. We're thinking about incorporating Autoria more into Hadron at a later date, perhaps as a proof of concept chain or dapp.

really interesting, good luck for the upcoming development!

Can you release some further information about the rewards someone gets for providing specific amounts of ETH?

How much will I receive if I provide 3 ETH and in what timeframe will the whole process be completed?

Between 10. and 31. August I can provide ETH. How long has my ETH be at the specific address, we have to sent it to. Will we get it back after a few hours/days? Or will it released not until August 31?

Of course!

1 ETH Staked = 17500 AUT

The smart contract will refund the ETH immediately but transfer times depend on the ETH block updates. I believe average time for blocks right now is around 20 seconds? If you've ever transferred ETH from 1 wallet to another, it's just like that.

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