Akroma is a cryptocurrency and application development platform focused on creating a governance model that will reward long-term, sustainable development and design.
Akroma is a newly launched Crypto that is a fork of Ethereum with the addition of Masternodes and Oracles. These are two important terms we need to define:
Masternodes – While the implementation of Masternodes vary between different crypto currencies the general concept is that a Masternode is a full node with a set amount of currency (5000 Akroma in this case) locked that allows that node to perform a function on the network and receive a reward for performing those functions. Those functions can include instant transactions, budgeting, governance, creating privacy, etc.
There are several important upcoming events:
Hard Fork at Block 300K.This hard fork will include the required code for Masternodes and will change the block reward to reflect this addition. The block reward after block 300K will be 7/2/1 (Miners/Masternodes/Akroma Foundation).
March 1st, 2018 - Start of Masternode Alpha ProgramParticipation in the alpha program will be limited to a small group of participants chosen at random from the group of users that register for the alpha.
Alpha program participants will receive 1% of the balance of the address holding the Masternode portion of the block reward to avoid unfairly rewarding participants chosen at random.
Masternode alpha Program participants must have the 5K Akroma required to run a Masternode, must have access to a linux server (highly recommend a VPS such as Vultr, AWS, or Azure), should have basic linux command line ability, and should have some extra time each week to update and install software on the linux server.
March 1st, 2018 - Expected publish date for the long-term roadmap.
April 1st, 2018 - Start of Masternode Beta Program (Date May Not be 100% Accurate)Beta program participants will include all alpha participants and additional participants chosen at random from the group of users that register for the beta.
Beta program participants will receive 5% of the balance of the address holding the Masternode portion of the block reward to avoid unfairly rewarding participants chosen at random.
May 1st, 2018 - Open Masternodes (Date May Not Be 100% Accurate)Everyone holding the required amount of Akroma (5K) will be able to setup a Masternode.
First two days will continue to utilize the 5% of the balance of the address holding the Masternode portion of the block reward.
On the third day after open Masternodes are live the reward will be 6% of the total Masternode portion of the block reward, this will increase by 1% each day until the reward reaches 100%.
Akroma is already operating in mid-POW mid-POS, operation in which the Etherum will switch in 2019.
As a result, the network is already accepting Masternodes, which required 5k $AKA for being setting up.
Masternodes help protect and scale the Akroma network by validating transactions and acting as a decentralization incentive. Running a masternode is rewarded with Akroma.
The masternode layer will provide the foundation of additional features on the Akroma network.
Megan MayleCommunity Manager
Gunveer NattMobile Developer
Stephen KollerDesigner + Developer
Andrew HainenDesigner WaffleHouse
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Written By–Opeyemi Jayeoba
Bitcointalk profile link:https://bitcointalk.org/index.php?action=profile;u=1925101