Proof-Of-Work ?

Start date: 11.22.2024 07:11:29 | End date: 11.30.2024 07:11:00 | Created by: MediumTeam

To gauge interest, please answer yes if you are for POW, and no for against. Currently we are building Test-Net around a POS model. We are open to ideas !

Votes

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Current Results

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What is Medium? Proof-of-Stake along side Proof-of-Work Consensus: Combining POS and POW enhances decentralization and chain integrity while keeping the coin acessable to everyone. Cross-chain Interoperability with UTXOs: Medium will enable seamless communication and asset transfer between blockchains using UTXOs. Scalability & Security: High throughput with fast block times with a focus on decentralization, security, and low latency. What is the UTXO Conversion Layer? Medium will create a UTXO conversion layer that allows UTXO-based blockchains (e.g., Bitcoin) to communicate directly with the Medium blockchain. This layer maps the UTXO outputs to Medium’s address system, ensuring that Medium can interpret and validate UTXOs from other chains. -Cross-Chain Bridge (CCB) The Cross-Chain Bridge is a smart contract mechanism that locks UTXOs on one chain (e.g., Bitcoin) and issues a corresponding token or asset on Medium. Once the user completes the transaction on Medium, the UTXO can be unlocked on the original chain. -HTLCs: A common pattern for cross-chain swaps, these will be used to ensure that transactions can occur atomically, preventing either side of the transaction from failing. -Tokenized Assets on Medium Assets from UTXO-based chains are tokenized on Medium and represented as assets. These tokenized assets can be transferred, staked, and used within the Medium ecosystem. Development Roadmap (Current) Phase 1: Foundation & Core Development Set up a testnet for PoS consensus and UTXO handling. Implement cross-chain bridges with Bitcoin and Litecoin. Develop the staking model and validator incentives. Phase 2: Cross-Chain Functionality & Tokenomics Integrate UTXO model into Medium blockchain. Finalize the Cross-Chain Bridge (CCB) and UTXO conversion layer. Start tokenizing UTXO-based assets on Medium. Phase 3: Mainnet Launch & Ecosystem Expansion Launch Medium’s mainnet with cross-chain functionality. Onboard additional UTXO-based chains into the ecosystem. Implement decentralized governance through community engagement.

Created on:
21 Nov 2024
Holders:
23
Already released:
3 121 860.7305
Not yet released:
6 878 139.2694
Active orders:
1 500 000.0000
Created on:
21 Nov 2024
Active orders:
1 500 000.0000
Release period:
2 year(s)
Hourly installment:
399.5433
Already released:
3 121 860.7305
Holders:
23
Wallet on exchange:
1 610 401.2305
Withdrawn:
0.0000
Sold on the market:
15 011.2500
Not yet released:
6 878 139.2694
Direct buy volume:
0
Latest News
Here's to seamless Block-chain integrations in 2025 ! post
07:12:43 01 Dec, 2024

Medium is working hard to bring a POS/POW hybrid base-layer blockchain that can communicate with other block-chains instantly ! Lets break the language barrier !

As we move our test-net to POW & POS... post
01:11:14 28 Nov, 2024

We are mostly focusing on testing with the Ghostrider Hashing Algorithm ( originating from the Raptoreum Block-Chain ) for its resilience and efficiency. We feel CPU mining could obtain more geographical decentralization. Feel free to share your opinion on ideal hashing algos and why !

Medium is anticipating going POW & POS on main-net launch ! post
06:11:58 27 Nov, 2024

After analyzing best methods for decentralization and maintaining the chain security that comes with it, Medium is currently looking at adopting a Proof-of-stake model along side Proof-of-work to process blocks. Here's to keeping crypto seamless and accessible !

Wishing the community a happy thanks-giving ! post
18:11:24 26 Nov, 2024

As we continue building a platform to make all crypto blockchains seamless with one another, we hope you enjoy your turkey !

Happy November 25! post
07:11:11 25 Nov, 2024

Cheers !

Happy Sunday! post
18:11:56 24 Nov, 2024

Hope everyone had a great weekend ! One to making a better future !

Medium Airdrop Weekend ! post
18:11:11 23 Nov, 2024

Head over to Medium and claim your FREE MEDIUM TOKENS through tomorrow!

Medium Welcomes @ChainCodeJunkie to the Team ! post
08:11:19 23 Nov, 2024

@ChainCodeJunkie has joined the Medium team to assist with core wallet deployment, and to help with evaluating potential benefits of the chain staying POS, or moving the Test-Net to POW. Having a team member with previous success in POW block-chain projects helps us stay on top of the game ! We are currently evaluating POW algorithms. For CPU mining we are looking at the GhostRider hashing algorithm. For GPU we are looking at KawPow. Feel feel to let us know how you feel about CPU vs. GPU ! Don't Forget, AIRDROP is live this weekend ! get your first free MEDIUM tokens !

Weekend AirDrop ! post
17:11:34 22 Nov, 2024

Medium is hosting a Air-Drop over this weekend ! Head over and claim your free first Medium tokens ! https://www.mintme.com/token/Medium/airdrop DONT FORGET TO VOTE IN THE POLL!

Medium will be trading on pump.fun soon! post
08:11:10 22 Nov, 2024

Medium will be available for trading on Pump.Fun in the near future ! We are going to integrate an ERC-20 token to migrate existing Mint-Me tokens to, and enable markets on other low-entry websites like pump.fun. Any Tokens sold pre-ERC20 will be safe and migrated upon completion.