4. Prepare TEO Mainnet with Algorithm change (ETHash -> TETHashV1) and Airdrop Calc.

Prepare TEO Mainnet with Algorithm change (ETHash -> TETHashV1) and Airdrop Calc.

  • administrators

    We are working on changing the ETHash Algorithm for Prevent ASIC Mining.

    Newer version of Algorithm name is TETHashV1 (Trust ETHash Version 1).

    We target to launch pre-bounty mainnet in 2weeks.

    And We are planning the Basic Policy on change algrothm, every 6months for at least 1Year.

    It means we give a bounty for TEO Testnet participates, get bounty.
    After Airdrop on mainnet, It will publicity open.

    TEO provide still a chance to mine with GPU.

    And, Modify Airdrop calculations.

    0.05 ETH <= ETH Balance <= 2000 ETH
    1 ETC <= ETC Balance <= 66666 ETC

    0 ~ 10 : 0.5x => 5 TEO Max.
    10 ~ 100 : 0.4x => 5TEO + 36TEO = 41 TEO Max.
    100 ~ 1000 : 0.3x => 5TEO + 36TEO + 270TEO = 311 TEO Max.
    1000 ~ 2000 : 0.2x => 5TEO + 36TEO + 270TEO + 200TEO = 511 TEO Max.
    2000 ~ : 0x => No Airdrop.

    In case of exchange who listing TEO , We will negotiate same calculation on their customer funds and bounty for funds for customer airdrop.

    Stay Tuned.

    links : https://bitcointalk.org/index.php?topic=4906045.new#new

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  • Great! GoGoGo!, Gazua~~~

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