Dear Community,

Here is our first monthly project progress report on our community building and technology development! Stay tuned for more updates from Solidum Network. Please follow us on Twitter to stay up to date with the latest Solidum news. Thank you for your continued support.

Since our mainnet launch on April 12th 2019, we have seen a significant growth in Solidum Network’s technology, community, and vision.

A core component of our project is the lower barrier to entry for miners taking advantage of readily available consumer-grade hardware. Our choice of ProgPoW algorithm prevents the network from becoming easily manipulated by few actors (ASIC’s), and eliminates the centralised economic bias found in other networks.

We would like to share with you some of the results we have already achieved over the last 30 days!

Statistics:

Over 210,000 blocks mined

Over 10,400 successfully carried out transactions

Over 37,000,000 SUM rewarded to miners

Over 80 active accounts

A peak network hash rate of over 2.5 GH/s

Minimal transaction fees of 1 gwei per transaction

Integration:

Wallet Support: MyEtherWallet — https://www.myetherwallet.com

Wallet Support: MyCrypto — https://mycrypto.com

Mining Pool: Wattpool — https://solidum.wattpool.net

Charts & Metrics: Coinlib — https://coinlib.io/coin/SUM/Solidum

Charts & Metrics: CoinCodex — https://coincodex.com/crypto/solidum

Community:

We believe that the success of a healthy ecosystem depends on a strong global user and developer community. In the first stage of building a full-fledged decentralised community, we focused on making our users aware about the importance of having a system that levels the playing field for everyone.

We are more than pleased that the community has noticed and are fully appreciating the natural and fair distribution of our system.

Our fairly small but extremely valuable community, consisting mainly of early adopters has not been established through paid airdrops or any “free money” marketing campaigns, but through sharing the same long-term vision and values. Once again, we would like to thank you for your continued support!

We will continue to proactively and creatively seek out new opportunities for Solidum to increase awareness and adoption. The Blockchain is a nascent technology and the pace of development is faster than anything else we have seen before. Thank you for your support and please stay tuned for more updates.

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