CONUN Korea
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CONUN Korea

Announcing the CONUN Mainnet 1.0, BAEKDU, Launch — Excited to meet you all

Announcing the CONUN Mainnet 1.0, BAEKDU, Launch — Excited to meet you all

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We’re thrilled to announce that CONUN’s very first mainnet, Baekdu, is ready to meet all users and has gone live today on November 24, 2021

The CONUN mainnet can be considered the cornerstone to our ecosystem, meeting the requirements needed to smoothly operate CONUN’s services, such as the Distributed Supercomputing(DSC), Drive, Metacon, etc.

The DSC service, CONUN’s main project, provides users high computing power by collecting and sharing idle resources of personal computers on the network. However, running the DSC on the Ethereum mainnet might frustrate users by not meeting the expectations due to the speed of the Ethereum mainnet and fluctuating transaction fees affected by its network traffic.

To solve these concerns, and give users a better experience with our products, CONUN came up with the idea to build its own mainnet that provides the necessary speed to complete the DSC tasks, and avoids transaction fee issues.

On top of that, the CONUN mainnet is designed to be trustworthy, consistent, and reliable. It uses Proof of Authority (PoA) and a distributed ledger technology, which provides a way to maintain the integrity of the blocks by verifying the trustworthiness of the transactions by the consensus of the participants without an administrator.

Additionally, its chain code technology records all metadata related to service application processing and handles transactions through it. It provides a stable and secure environment because none of the contributors to the work can arbitrarily manipulate their work.

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What to Expect from CONUN Mainnet

  • All the advantages mentioned above, which include fast transaction speed, no transaction fees on CONUN mainnet, and safe and reliable network environment.
  • Rewarding system: CONUN’s private payment for internal services. The value of the CON token in the Ethereum mainnet is the same as the value of CONX in the CONUN mainnet since the CONUN blockchain is written on the Ethereum network. It means that users who use CONUN’s services can be rewarded with CONX then swap it to CON on the Ethereum network.

What is Next

  • Plan for BaaS (Blockchain as a Service)
  • DSC Rewarding Contract

Last But Not Least

Welcome to the CONUN ecosystem. We hope you enjoy our services with the CONUN Mainnet. We will see you out there.

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<References>

o CONUN BLOCKCHAIN EXPLORER

https://conscan.conun.io/

o BLOCKCHAIN SMART CONTRACTS SOURCE CODE (CON/CONX)

https://etherscan.io/address/0x4Dd672e77c795844fe3A464eF8eF0FAAe617C8fB#code

https://github.com/CONUN-Global/conun-blockchain-smartcontract/tree/main/token_golang

o TWO WAY BRIDGE CONTRACTS SOURCE CODE

https://github.com/CONUN-Global/conun-blockchain-smartcontract/tree/main/bridge

https://github.com/CONUN-Global/conun-bridge-swap

o CONUN CON TOKEN CONTRACT ADDRESS

https://etherscan.io/address/0x4Dd672e77c795844fe3A464eF8eF0FAAe617C8fB

o CONUN BRIDGE CONTRACT ADDRESS

https://etherscan.io/address/0x5abcf7bE3B0ac44d12000ef677048E09f3dCEB7e

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[Contact us]

Official: https://conun.io/

Facebook: https://www.facebook.com/conunglobal/

KakaoTalk: https://open.kakao.com/o/gCsycmhb

twitter : https://twitter.com/conunkorea

Naver blog : https://blog.naver.com/conuncs

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