http://www.fintechpost.co.kr/news/articleView.html?idxno=38396#0AXD

TEO has Community Fund.
10 % of Block reward, current 0.5 TEO / BLOCK mining, it is stacked. it is also decreased every 5M Block.

From now on, at lease 6 months, This fund would not circulation.
It will not own by DEV or Foundation.

It will delivered to Community Validator group is when setup in future, then All of Authority of usage is by their own decision.

Basically, I intended for use of community funds, it is defined in our github here

SSZ Funds (쌈짓돈-Ssamzi-don(money)) : 0.5 TEO / Block [SSZ Funds for Community , Following will be changed for more familiar with Community Activation and Marketing]

it is for funds for developers and used for contents owner's rewards , like a Musicoin and Steemit.
first 0.5M blocks , it will owned by Devs and Founders, over 0.5M blocks it will be move to contents owners and community funds, ratio of 10%.

eg
0 ~ 0.5M block : 0.50 [Dev] : 0 [community]
0.5M ~ 1M block : 0.45 [Dev] : 0.05 [community]
1M ~ 1.5M block : 0.40 [Dev] : 0.10 [community]
1.5M ~ 2M block : 0.35 [Dev] : 0.15 [community]
2M ~ 2.5M block : 0.30 [Dev] : 0.20 [community]
2.5M ~ 3M block : 0.25 [Dev] : 0.25 [community]
3M ~ 3.5M block : 0.20 [Dev] : 0.30 [community]
3.5M ~ 4M block : 0.15 [Dev] : 0.35 [community]
4M ~ 4.5M block : 0.10 [Dev] : 0.40 [community]
4.5M ~ 5M block : 0.05 [Dev] : 0.45 [community]
5M ~ T.B.D

Community Funds will be used with reward for contents creator, contents reviewer, contents querators.
More detailed consensus will be updated, feedback from communities.

Current Concept of Contents Rewards is for <br> 

| Creator | Editor(Moderator) | Querator(Promotor) | Reader | Reserved(T.B.D) |
|   70%    |        10%  |          5%   |       1%        | 14%        |
<br>

Above table will be changed by community feedbacks and If contents rewards funds is shorten that what consuming, unit Contents Rewards will be shrink down to fit in Community Funds.

It is similar as UBI (Universal Basic Income) and Community Treasure Fund.

There’s some asking it is not for miners, but This kind of community Funds are need for contents platforms.

It is one of usages for this funds are, NGO (Non Governmential Organization) on Blockchain world, or Blockchain Security Group, or Blockchain Save the poor, …

Do you have a any suggestion?

Discuss here, or https://t.me/trustfarmblockchaintalk

http://blocktimestv.com/m/view.php?idx=13394&mcode=

blocktimes.tv news.

[D-3] 24(FRI) 18:00 (UTC+9) STEX.COM TEO TRADE ENABLE!

YOU CAN TRADE TEO on STEX.COM
YOU CAN BUY/SELL TEO,

We recommend signup Graviex.net and Stex.com
You can balancing trade, and You will get advantage on 2 Exchange using!

STAY TUNED!!!

Welcome to trade:

#TEO/#BTC - https://graviex.net/markets/teobtc
#TEO/#ETH - https://graviex.net/markets/teoeth

Congratulations!!

Next week 20~24th May, 2019 .

TEO listed on 2 Global Exchanges.

1. stex.com

   • deposit testing completed, ready to list and open!

2. graviex.net

   • also ready to open 1~2days.

So, Please sign-up above 2 exchanges, and ready to trade TEO.

Thanks.

한국 공식 포럼에 등록된 글 :

1. TEO Airdrop Wallet - create / using.
Card Wallet QRcode scan and usage.

TEO Airdrop 지갑만들기 방법 및 카드지갑 QR코드스캔하여 전송하기

https://www.blockchainhub.kr/bbs/board.php?bo_table=tao&wr_id=75

추가적으로 지갑을 확인하는 방법은 다음 링크를 참조해 주세요.
(Additional useful links for using TEO wallet and Ethereum based wallet usage)

TEO / 이더리움 공용 방식입니다.

https://trustcoinmining.com/bbs/board.php?bo_table=blockchain&wr_id=7&page=2

https://trustcoinmining.com/bbs/board.php?bo_table=blockchain&wr_id=10&page=2

https://www.blockchainhub.kr/bbs/board.php?bo_table=tao&wr_id=57

문서를 참조하여 주세요.

한번 익혀두면, TEO 및 이더리움 계열의 코인은 사용법이 동일합니다.

2. MyEtherWallet,MyCrypto, TrustCoinwallet 에 TEO연동. Local node 설정.*

https://www.blockchainhub.kr/bbs/board.php?bo_table=tao&wr_id=57

MyCrypto 및 MyEtherwallet 은 Local node와 연동해서 사용하는게 가장 안전합니다.

우선, 원격지 노드만 추가해서 올리는 법을 참조하시려면,

https://trustcoinmining.com/bbs/board.php?bo_table=blockchain&wr_id=7&page=2
의 4번 섹션 (노드 추가하기) 을 참조하시고,

MyCrypto 나 MEW 나 TCW 나 우측 상단에 커스톰 노드를 추가해주시면 됩니다.

TEO 의 경우, 원격지 공개 노드는

https://teonode1.tao.foundation
이고,
체인ID : 33416 (Hex : 0x8288) 입니다.

– ProgPOW is why not suitable for Fair efficiency mining algorithm.

Distinct modification compared than ethash

Reference link : https://www.ddengle.com/index.php?mid=develop&search_target=nick_name&search_keyword=쌩광부&document_srl=10473918

• 암호학적 간단한 FNV 해시 4바이트 해시 알고리즘도 통신분야에서 수십년검증된 것입니다.
• ProgPOW 의 암호학적 알고리즘 검증은 아직 갈길이 멀다 봅니다.
• 채굴 해시 알고리즘에서 중요한것은 여러 알고리즘을 혼합해서 만드는게 중요한게 아니라, 그에 대한 검증입니다.

ProgPow 주요 기술적 요약 (summary of feature than ethash):

https://eips.ethereum.org/EIPS/eip-1057

A. DAG 의 mix 상태를 늘리기. (Increase DAG’s MIX states)

B. 50블록 마다 무작위 수학 함수를 변경 , (Change simple operation randomly change by every 50th blockheights)
X11, X17 등의 알고리즘 자체를 변경하는게 아닌, 단순 4칙 연산 형태의 계산 방식만 변경.

C. Memory hard 를 위해서, ethash 기존 128Bytes 를 256Bytes로 변경.
(For memory hard , 128bytes DAG fetch to doubled 256 Bytes)

D. GPU 특화된 그래픽 파이프 라인기능 일부 사용.
(Some of Other GPU specialized feature use)

=> 의견 .(Analysis opinion)

A -> CPU/GPU/ASIC 모두 큰 차이없음.
(less efficiency differences in CPU/GPU/ASIC - similar)

B -> 곱하기 / 나누기 연산 이외에 다른 연산은 모두 ASIC 이 유리.
( except multiplication/divide operation, ASIC is superior efficiency)

C -> HBM (High Band Width) 를 구현하기 위해서, 더욱더 많은 GDDR 메모리 또는 고가의 SRAM Memory 를 캐시로 설계한다면,
GPU 및 전용 ASIC 장비의 가격만 올라감.
( If Vendor design their GPU and HW for HBM , Use SRAM for cache , device costs will be double,
So, miner get profits, but they spend all of money get expensive device.
Vendor gets final profit,
and Accelerates GPU Vendor get monopoly.)

D -> GPU 회사의 독점.
(GPU Vendor monopoly is big issues in near future.)

결론 : (Conclusion)

1. 오랜 동안 검증된 ethash 기반의 알고리즘을 사용하여 단기적 대응을 하고,
2. 모네로 처럼 주기적 알고리즘 업데이트가 현실적임.
3. 또한, CPU/GPU/ASIC(FPGA) 간의 효율성을 좀 더 Fair 하게 만드는 알고리즘을 개발하여야 함.

( 1. Use modification of Longterm verified ethash based algorithm, and shorterm obsolete ETH Asic.

2. Benchmark Monero’s algorithm updates for real world
3. Research and Develop More Fair efficient algorithm btw cpu/gpu/asic
   )

To English ::

Amendment : FNV detail explanation and EIP-1485 PR info

TethashV1 has upgraded FNV Hash to FNV1a Hash in MIX Parts of Ethash , It is also used generate DAG.
Current ethash base algorithm is FNV0 hash, it is depricated.

You can refer ETHASH blockdiagram here :: https://steemit.com/kr/@dongsamb/ethereum-pow-ethash , <Korea Ethereum Research Community>

And , Some other Anti Asic EIP proposal saying that they use FNV1A , exactly they not using official Offset Value in FNV1A spec.
that’s wrong.

In Cryptography theory, FNV1V Offset Value is longer term verified prime number they use.
Primenumber is very important number set , which most important in cryptoanalysis and cryptography.

In ethash,
first Keccak hash and output value is random number, so, they claim that it is same as offset,
It has very critical error on their claim, in crypto graphy.
Because All random number is not all primenumber, and possibilities very low.

Thus, given PrimeNumber using is best way of enhancing hash algorithm security.

In case of TethashV1, adapt original FNV1A hash algorithm, apply to TethashV1 , implemented nested double multiplication,
It cause 3~5% lower hash value compared than ethash.

But, It more fair hash computation efficiency CPU, GPU, ASIC(FPGA).
Multiplication HW Logic is very conventional and very longer term optimized from the beginning of microprocessor.
If same hw design condition, it is depend of hw core clock.
It means, most of CPU has over 3Ghz clock , GPU core has around 1.5Ghz , ASIC (FPGA) is around 0.7Ghz ~ 0.3Ghz .
Efficiency of Multiplication Logic is CPU >> GPU >> ASIC Miner(FPGA)

“>>” means 10x greater than .

But, In case of Keccak algorithm, conventional cryptography algorithm (eg, SHA256, Blake, groestl,…) is
1core performance : 500Mhz ASIC(FPGA) > 1.5Ghz GPU >> 3.2 Ghz CPU

In case of CPU Minable MONERO (CryptoNote - Variants) hash uses basic cryptohash algorithm is AES , it is Global Standard algorithm and
It is applied most of Processor has included HW block.
If it used in Monero mining, CPU based machine also get more higher hash , compared than non standard hash algorithm.

FNV Details.

EIP-1485 PR url :

https://ethereum-magicians.org/t/anti-eth-asic-mining-eip-1485-pr/1807

EIP-1485 PR :

https://github.com/ethereum/EIPs/blob/7336cceac6c997252299a463ffe896a3414c479b/EIPS/eip-1485.md

FNV-0 : (depricated)

hash = 0
for each byte_of_data to be hashed
hash = hash × FNV_prime
hash = hash XOR octet_of_data
return hash

It is implemented in “C” programming language

fnv(x,y) ((x * fnvprime) ^ y)

FNV1A pseudo code is

hash = FNV_offset_basis
for each byte_of_data to be hashed
hash = hash XOR byte_of_data
hash = hash × FNV_prime
return hash

implemented in “C” fnv1a(x,y) , data alignment condition with 4Bytes.

fnv1a(x,y) ( ((offset ^ x ) * fnvprime) ^ y) * fnvprime )

And, more crypto analysis of Avalanche effect comparison is linked here ::
https://github.com/tao-foundation/FNV-Analysis

As a new external pool added,
So, our managed , owned pool has increased pool fee.
for miner spread newer pools.

official :
pool1 : 0.8% -> 1.2% (future shutdown, if external pool increase)
teopool2 : 0.8% -> 1.1%
teopool : 0.8% -> 1.0 %
https://teopool.tao.foundation

newer pool :
http://pool.baikalmine.com/en/teo/ : 0.5% -> future they will decides.
http://teo.masterpro.site/ : 0.3% -> future they will decides.

Thanks,