Dear users of the Erachain platform!

We present you a new update of our platform.

Full list of changes

• Improved stability and system performance
• Optimized work with memory
• Bugs fixed
• Memory optimization when synchronizing wallet
• Optimize wallet transaction processing
• Creation of access rights / voice assets
• Implemented SeqNo output - transaction numbers in API and block explorer
• Error outputting message header in mobile application
• Improved the functionality of the person review in block explorer
• API added functions person / balance, person / status
• Fixed jetty parsing errors.
• The replay of previously received / sent messages is excluded.
• Optimized sending TCP packets
• Implemented peer caching, block pipeline
• Improved translation, fixed bug loading old version of translation from GitHub

Instructions for installing the release

1. Unpack the downloaded archive

2. Open the unpacked Erachain directory and transfer files from it to the previous version's Erachain directory

Attention !!! ☝️

Starting from version 4.11.08, separate storage of keys and wallet data has been implemented.

Who installed version 4.11.07 and earlier before launching a new version should:

1) Open the updated Erachain root directory and rename the wallet directory to walletKeys

2) Create a new directory with the name dataWallet in the root directory of Erachain

3) In the walletKeys directory there should be 3 files named wallet.s, the remaining 3 files must be moved to the dataWallet directory

Erachain made a presentation at the International Economic Forum “CIS: Digital Economy - Platform for Integration”.

Erachain will participate in the Smart Energy World Summit.

At the summit, Erachain team will talk about a new product for the power industry, which was made as a result of cooperation work with the company "Energy Accounting Technology".

The main, basic version of the product was developed by the company "Energy Accounting Technology" for quite a long time and is very popular among the both consumers and energy sales companies, but the product is developing and the company decided to strengthen its solution with Erachain Blockchain Platform, thanks to which eliminates any possibility to correct the data obtained from the energy meters.

According to experts, the use of blockchain technology will increase the profits of energy sales companies.

The Erachain blockchain platform system has been updated to version 4.11.12. The new release has significantly improved stability and system performance. Optimized the work of the graphical interface (GUI) of the node and the web application. Users who are among the beta testers gave positive estimates of the speed of synchronization with the network and wallet data chain.

https://telegra.ph/update-05-09

We're here with good news!

Erachain has launched a new Russian-language telegram-channel.
The latest news from the world of cryptocurrency you can find there with expert videos! Also for those who are new to us we will tell you what is Erachain and why it’s good to be with us🙌🏼
Those who have been with us for a long time will be able to refresh their knowledge about blockchain and find information about upcoming conferences that interests them.

We’d love to hear from you what you’d be interested in reading and what we should improve in our channel😉

https://t.me/erachainrussia

In a recent post we tried to figure out what blockchain is, but another equally interesting topic is ICO.
On inquiry, ICO or Initial Coin Offering (primary placing of tokens) is the release of a project intended to pay of coupons or tokens intended to pay for the services of a project in the future in the form of cryptocurrency.
The first thing you should remember, buyers do not receive shares in the company and in cannot influence internal administrative decisions in any way. In fact, the participants are financing the development of the company now in order to get some benefits from it in the future.

By issuing its own "money" and exchanging it for one of the most common cryptocurrencies, even for real currencies, a project can secure the financing it needs to launch or develop. Besides, by issuing currency for the project, it is possible to accelerate its development (as the introduction of money in antiquity has increased trade turnover) and automatically solve the problem of future monetization.

In 2017, ICO has already raised $180 million - more than for the whole of 2016 ($101 million). And the volume of attractions is constantly growing. However, there is a high percentage of fraudulent schemes that have passed through ICO.
Fortunately, or unfortunately, the laws governing ICO are only being developed in many countries around the world. On the buyer's part, this is a transaction based on trust. Sometimes a project may not survive to the stage of product development, or may become a complete disappointment to you. Finally, some enterprising scammers may simply deceive you by conducting an ICO for a project that they were not intended to develop.

Some ICO projects attract a third party - a kind of arbitrator who can count on the trust of investors to mediate between them and the projects. Others form legal entities and bind themselves to restrictions on the possibility of spending funds received through ICO.

Disclosing the identity of key project participants is a common courtesy. And not a single significant ICO can do without a published description of the idea, business plan for the development of the project and the publication of expert opinions.

For its part, the Erachain platform allows anyone to issue their own assets and conduct an ICO. At the same time, the release of an asset does not require the development of a smart contact and coding skills. We are ready to help you with your project quickly and free of charge!

Eleven blockchain projects worthy of your attention and a small bonus from us😉

The list includes nine projects that develop their products based on blockchain technology, as well as two projects that combine the cryptographic industry and classical financial instruments. It is noteworthy that the founders of the three projects - The Bitfury Group, Coinbase and Ripple - were also included in the Forbes list as "The richest people in the crypto-industry".

◾️The Bitfury Group is a blockchain company, the largest industrial miner outside China, and a developer of blockchain software and hardware.

◾️Blockchain.info - Bitcoin wallet service and blockchain browser provides data on the latest created transactions on the blockchain, as well as economic tables, statistics and tools for developers.

◾️Chain is the San Francisco-based technology company that develops blockchain solutions for financial companies.

◾️New-York-based Chainalysis project which is used to track Bitcoin transactions by almost all U.S. agencies as well as by European organizations such as Europol.

◾️Coinbase is the largest Bitcoin company in the industry, the first unicorn company in the ecosystem with an investment value of over one billion dollars. Coinbase is a convenient cryptocurrency exchange and wallet system for storing Bitcoin, Bitcoin Cash, Ethereum, Litecoin.

◾️Ripple is a blockchain project for cross-border payments. Transactions can be executed with the help of the XRP token, but at this stage no bank has undertaken to use the project's cryptocurrency.

◾️Project from Palo Alto Robinhood is a mobile application for stock exchange trading, as well as for commission-free bitcoin and ether trading. Also in the application users will be able to track the price of some other cryptocurrencies, including ripple and lightcoin.

◾️ShapeShift is a decentralised exchange founded by Eric Wurchis that allows users to trade 70 cryptocurrencies.

◾️Symbiont, in which the head of Alibaba Group, Jack Ma, invested. The company is engaged in the development of smart contracts that optimize business processes in the public and private securities markets.

◾️Veem - allows companies to send and receive payments worldwide using both Swift and blockchain technology.

◾️Xapo - Bitcoin wallet with positioning of reliable offline storage for large cryptocurrency investors.

And as a bonus, a project that we couldn't get around 👀

📌Erachain 📌 - blockchain platform, on the basis of which products are developed for such areas as medicine, energy, logistics, online commerce, urban economy, VR games. The company has already presented two ready-to-use products, more details about which you can find on the official website of erachain.org

📍How to avoid fraud 📍

Fraud is an integral part of the existing reality, which is present in any industry in various forms, especially where there is a large income.
There will always be sly people willing to use the incompetence of others and their vicious desire for quick profit in their favor. The risk of getting caught on the tricks of crooks is always there, but to avoid it, or at least to reduce it is possible.

Signs of an alarming call:

- There is no accurate or up-to-date information about the company initiating the call;
- Absence of press releases, media coverage or the difference between the articles posted and the information provided on the site;
- not developed by White Paper or a copy from someone else's project;
- The idea of the project, which generates income, is not clear There are no obvious reasons for economic expediency;
- team list is not identified with real people;
- There is no roadmap;
- There are dubious trade practices, such as insider trading, market manipulation and much more;
- There is an unusual rush in execution;
- Complex issues are ignored.

How to defend yourself

1. Be skeptical of the insistent advice "We need to buy urgently" and expert opinions from unknown to you "experts" from the online environment;

2. Get the necessary information about ICO before you buy its new cryptocurrency on the exchange.

3. Do not be lazy to track social networks and other open sources about the people whose profiles are listed in the project team. If the team description section does not contain links to the profiles of the project participants in social networks, which immediately excludes the possibility of investors to check any facts or ask the team about their participation in the project - this is a serious reason to be wary.

4. Thoroughly study the business plan. Pay attention to costs and income.


5. Analyse terms and conditions, white paper, the company's website and other materials containing legally relevant information.

If this situation has happened to you, then the world practice proves that the victims should unite when filing a lawsuit.

The Erachain team has released a platform update 4.11.15. The result of the work was the expansion of the capabilities of the internal decentralized exchange. Now for the convenience of asset trading three stable coins are available: USD, EUR, RUB.

https://telegra.ph/Release-41115-07-24

Erachain team has released an update that will speed up confirmation of transactions.

https://telegra.ph/Release-42001-09-20

Welcome, all newcomers to our page!

The first question that you most likely will have is: "Hey ERACHAIN, who are you and what are you?"

We answer right away👌😁

1. We are a unique blockchain platform.
2. On our platform, we develop services in various industries.
3. What you definitely need to remember about us: wide functionality, high bandwidth, automatic data collection from suppliers and compatibility with any operating systems.
4. We will introduce blockchain in any industry where data management, protected from outside interference, is required.

It is impossible to put all the information in one publication, so we’ll be happy to answer all your questions in the comments on facebook https://www.facebook.com/groups/128485421152946

The Erachain blockchain update was released today and we are pleased to present 6 key new features to the platform's functionality.
https://telegra.ph/Release-54-and-6-new-blockchain-features-08-06

Today our team has published the source code of the blockchain, which has been under development since 2015.

The Erachain platform is evolving with the implementation of the concept of built-in functions, services and protocol smart contracts. Due to this, the architecture of the technology shortens the development cycle of decentralized applications (dApps) and increases the performance of smart contracts. The platform code is written in Java and distributed under the aGPL v3 license.

The Erachain blockchain code can be accessed on GitHub.

https://github.com/erachain/Erachain

Read more about the benefits of the code at the link https://telegra.ph/We-have-opened-the-code-of-the-Erachain-blockchain-platform-07-08

Erachain 6.0: The next generation of blockchain technology for developers and companies just got better.

Introducing the new generation Erachain blockchain platform. The sixth version supports the unique technology of protocol smart contracts, batch transfer of assets, multiple commissions and protection of assets from anonymous ownership.

The release of the platform is available along with an updated web application. The services of the Exchange and the Forging Pool have been added to the working environment, and you can try out the issuance of digital bills in demonet.

https://telegra.ph/Erachain-60-07-29-2