Consentium 2020 Highlights 嘉信 2020亮点
Catch up on the developments of the Consentium chat app and ecosystem that happened in 2020. 了解2020年嘉信聊天应用程序和生态系统的发展情况。
Just as technology is constantly developing, so is the Consentium ecosystem. 2020 has been a phenomenal year for our growth, despite the global Covid-19 pandemic.
Here’s a look at significant milestones in our development timeline.
CSM Token Burn
We kickstarted the CSM Token Burn in July 2019, where 100% of the 72 million tokens allocated to the team were burned over a 10-month period that concluded in May 2020. That is an estimated US$14.4 million worth in tokens, which made up 30% of the total CSM supply.
The burn reduced the number of CSM tokens in circulation to 168 million tokens, and as a result increased its value for all CSM token holders.
CSM Chain & Mainnet Launch
In June, the Consentium ecosystem transitioned from the Ethereum network to the CSM Chain, which uses Delegated-Proof-of-Stake (DPoS) for consensus.
The proprietary decentralized blockchain has the capability to process up to millions of transactions per second. This is essential for supporting the high volume of chats and transactions occurring on the chain and chat app.
The development of the CSM Chain was spurred by the sudden rise in transaction fees as well as congestion on the Ethereum blockchain.
Ethereum’s fees are calculated using GAS, a base unit that applies on any activities on the Ethereum network. Users of the network are able to pay a higher fee rate so that their transactions are processed faster. Thus, GAS fees will increase with increased activity.
However, this means that GAS fees can sometimes be higher than the value of the transaction. When this happens, the transaction’s priority is lowered and users can sometimes wait up to 24-hours for their order to be processed.
Upgrades on the Ethereum chain were also slow in happening, which made it challenging for any blockchain projects to build on Ethereum.
Considering all these factors, the team at Consentium thus launched the CSM Chain.
Our community has given feedback that it takes only 2 minutes for transactions between cryptocurrency exchanges and Consentium wallet to be completed, with transaction time on the CSM chain no longer than 20-seconds.
After switching to the CSM Chain, the total supply of CSM tokens became 150 million.
The CSM Chain is supported by a codified monetary policy, which results in a dynamic interest rate of 3% to 6% p.a. for CSM tokens staked.
All rewards are distributed on smart contracts based on the percentage of total tokens staked, and 100% of the rewards are distributed among the stakers. This means that the fewer stakers there are, the more rewards they individually receive.
CSM App V2.0 Launch
Following the launch of the CSM Chain, we launched the beta version of the Consentium app. The CSM app bridges the gap between chat app and cryptocurrency wallet, allowing the cryptocurrency community to communicate and transact with like-minded individuals.
Users can easily perform cryptocurrency transactions from within the app, which speeds up the process of finding buyers and sellers.
To facilitate transactions, the app also has a Market page that provides up-to-date market data of the top 10 cryptocurrencies, including CSM.
EMOJIS.Farm Upcoming Launch
It’s December 2020, and we are excited to announce the upcoming launch of EMOJIS.Farm!
Backed by the Consentium ecosystem, this DeFi project will focus on yield incentivization and liquidity pools.
EMOJIS users become part of an active community on the CSM chat app, which ensures organic and sustainable growth for the long term.
Users who provide liquidity can expect generous yield incentivization policies, backed by an early withdrawal penalty.
At its launch on Dec 9, the following token pairings were available on UNISWAP and users can stake these LP token pairings:
- yPLT/EMOJI
- CSMx/EMOJI
- HAKKA/EMOJI
- MPH/EMOJI
- MGX/EMOJI
Development of V3.0
At the time of publishing, our team is working on version 3.0 of the app — we are adding a swap bridge functionality to the crypto wallet, so as to support trading on EMOJIS.Farm.
With our new open-source ERC20 wallet, users can deposit and transfer all tokens and connect it to dAPP easily!
When it is launched, users can look forward to swapping the current CSM (CSM Chain) token to CSMx (ERC20), which is adaptable to EMOJIS.Farm and Uniswap.
The CSMx token can be traded on EMOJIS.Farm, and it will have an equitable distribution to token holders and active users within the Consentium ecosystem.
Be part of a crypto & FinTech savvy community by joining the Consentium community now. Download the CSM chat app for both iOS and Android: http://47.244.198.69:39199/download
For more updates, follow us on our social media channels.
About Consentium
Empowered by the community, Consentium is a revolutionary platform that bridges the gap between social communication and cryptocurrency. Our integrated cryptocurrency wallet allows users to send and receive CSM, BTC, USDT and ETH. Within the same app, users can chat with friends and explore different groups of like-minded individuals. By integrating a cryptocurrency wallet into our chat app, users can now perform your transaction without the hassle of leaving the app.
Connect with us on our social media.
Website: Consentium
Telegram channel: Consentium Official
Facebook: Consentium
Twitter: Consentium
Wechat: gh_ef8940467b01
正如技术在不断发展一样,嘉信生态系统也在不断发展。尽管全球发生Covid-19大流行,但2020年对于我们的增长而言是非凡的一年。
以下是我们开发时间表中的重要突出。
CSM烧录
我们于2019年7月启动了CSM燃烧,在分配给团队的7200万个令牌中,有100%在2020年5月结束的10个月内被燃烧。估计价值1,440万美元的令牌, CSM总供应量的30%。
烧毁将流通中的CSM数量减少到1.68亿个令牌,因此,其对所有CSM持有者的价值都增加了。
嘉信公链和主网发布
6月,嘉信生态系统从以太坊网络过渡到嘉信链,该链使用委托权益证明(DPoS)达成共识。
专有的去中心化区块链具有每秒处理多达数百万笔交易的能力。这对于支持链和聊天应用程序上发生的大量聊天和交易至关重要。
交易费用的突然上涨以及以太坊区块链的拥挤刺激了嘉信链的发展。
以太坊的费用使用GAS计算,GAS是适用于以太坊网络上任何活动的基本单位。网络用户可以支付更高的费用,以便更快地处理他们的交易。因此,GAS费用将随着活动的增加而增加。
但是,这意味着GAS费用有时可能会高于交易额。发生这种情况时,交易的优先级会降低,并且用户有时可能需要等待24小时才能处理订单。
以太坊链上的升级也进展缓慢,这使得任何以太坊构建的区块链项目都面临挑战。
考虑到所有这些因素,嘉信的团队因此启动了嘉信链。
我们的社区反馈说,加密货币交易所和嘉信钱包之间的交易只需2分钟即可完成,嘉信公链上的交易时间不超过20秒。
切换到嘉信公链后,CSM的总供应量为1.5亿个。
嘉信公链由编纂的货币政策支持,其动态利率为每年3%至6%。用于抵押的CSM代币。
所有奖励都根据已投入的总代币的百分比在智能合约上分配,并且100%的奖励分配在所有参与者之间。这意味着利益相关者越少,他们各自获得的奖励就越多。
CSM App V2.0启动
随着嘉信公链的发布,我们发布了嘉信应用程序的Beta版。 嘉信应用程序弥合了聊天应用程序与加密货币钱包之间的鸿沟,从而允许加密货币社区与志趣相投的人进行交流和交易。
用户可以从应用程序内轻松执行加密货币交易,从而加快了寻找买家和卖家的过程。
为了促进交易,该应用程序还具有“市场”页面,其中提供了包括CSM在内的前10种加密货币的最新市场数据。
EMOJIS。即将推出的DeFi农场
2020年12月,我们很高兴宣布即将推出EMOJIS。
在嘉信生态系统的支持下,该DeFi项目将专注于收益激励和流动性池。
EMOJIS用户成为CSM聊天应用程序活跃社区的一部分,该社区可以确保长期的有机增长和可持续增长。
提供流动性的用户可以期望得到慷慨的收益激励政策,并提早提款。
在12月9日发布时,UNISWAP上提供了以下令牌配对,用户可以放心使用这些LP配对:
yPLT / EMOJI
CSMx /EMOJI
HAKKA/EMOJI
MPH /EMOJI
MGX /EMOJI
V3.0开发
在发布时,我们的团队正在开发该应用程序的3.0版-我们正在为加密钱包添加交换桥功能,以支持在EMOJIS.Farm上进行交易。
使用我们新的开源ERC20钱包,用户可以存入和转移所有令牌并将其轻松连接到dAPP!
启动时,用户可以期待将当前的CSM(嘉信公链)交换为CSMx(ERC20),该令牌适用于EMOJIS.Farm和Uniswap。
CSMx可以在EMOJIS.Farm上进行交易,并且将在嘉信生态系统内公平分配给嘉信用户。
关于嘉信
嘉信是一个革命性的平台,弥合了社交交流与加密货币之间的缺口。我们集成的加密货币钱包允许用户发送和接收CSM,BTC,USDT和ETH。在同一个应用程序中,用户可以与朋友聊天并探索志趣相投的不同人群。通过将加密货币钱包集成到我们的聊天应用程序中,用户现在可以执行交易,而无需离开应用程序。
立即下载嘉信应用程序苹果iOS和安卓的测试版!下载链接:http://47.244.198.69:39199/download
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