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Zerium (ZRM)

ICO

Zerium introduces a blockchain architecture designed to facilitate scaling of decentralized applications (DApps) and Smart contracts in an intuitive environment. The Zerium blockchain is an open-source operating system-like construct upon which applications can be built. The Blockchain can host accounts, authentication, databases, asynchronous communication and scheduling of applications across hundreds of CPU cores or clusters around the globe.

The result is an architecture that scales to millions of transactions per second, diminishes user fees, and allows opportunities for development of no-cost Decentralized Applications.

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Overview

Project industryBlockchain Infrastructure

What is Zerium

Zerium is a cryptocurrency that supports a stable architecture inside a blockchain designed to facilitate scaling of decentralized applications (DApps) and Smart contracts in an intuitive environment. The Zerium blockchain is an open-source operating system-like construct upon which applications can be built. Zerium is built using an updated version of the ethash mining algorithm (involves finding a nonce input to the algorithm so that the result is below a certain threshold depending on the difficulty) and will gradually be expanded to include PoST (Proof-of-Stake-Time). ZRM has a decreased block generation time, reduced difficulty and improved transaction times, by doing this we assure the inclusion of CPU mining expanding the number of nodes available, promoting decentralization and securing an efficient defense against attacks to the network.

The network itself requires minimal structure as messages are broadcasted on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof and evidence of what happened while they were gone, untieing each miner of the processed transaction regardless of the amount, class or type of use of the hashed block. The Smart contracts are developed natively inside the cryptocurrency acting as cryptographic containment that incorporates value and only unlocks it if certain conditions are met, with vastly more power than that offered by Bitcoin scripting because of the added powers of value-awareness, blockchain-awareness, and state.

ZRM is adapted to support a binary blockchain system (2 blockchains synced with a shared address and key to increase security against attacks to the network, financial stability, and versatility of the smart contracts), the second blockchain under development includes zero-knowledge proof (SK-SNARKS) to increase efficiency and anonymity on transactions.

ZRM’s Dual-Blockchain protocol and Hard-coded upgrade protocol

Zerium secondary blockchain has a protocol that enables the change of hard-coded limits, including natural elements of the original design such as block frequency, and a minimum of number of confirmations per block, we maintain an evolving algorithm in charge of modifying the established parameters according to hard-coded milestones that are only applied if certain conditions are presented.

It analyzes the growth of the cryptocurrency and increases limits in block size and adjust the maximum amount of money supply without creating inflation. This provides a baseline to change and modify both natural and artificial constraints within the blockchain environment.

Zerium Application Environment (ZAE)

Zerium’s architecture allows to easily write and deploy decentralized applications using blockchain technology in many developer-friendly languages, without the added cost (and in some cases extensive cost) of the GAS used for deployment. We work around this by implementing Staking technology (PoST) to grant access to different levels and tools from the developing kit in ZAE.

  • IO Smart Wallet
  • IO is an implemented technology that is directly embedded in the main blockchain of Zerium. It integrates all necessary tools to create, distribute and manage decentralized Blockchain applications without tokenization (directly on Zerium) or by deploying their own sidechain in Zerium's blockchain (if a side chain is required then a custom token must be implemented) this adds flexibility to developers to customize their applications entirely. It behaves as a multi-token wallet with a future implementation as a multi-crypto payment gateway. It will add a total balance amongst several cryptocurrencies and tokens and executes a sell command whenever the user wishes to pay via BTC payment gateway without having to manually sell individual transactions of each amount to pay for a balance (I.E. Item costs 1 BTC. The user has 0.02 BTC, 20 Eth (0.87 BTC), 6.7 XMR (0.11 BTC), the wallet upon reaching a payment gateway will clear all amounts into BTC, ZRM, ETH or XMR and then executes the payment).

  • DApps Names and account handling
  • ZEA allows accounts to be named with a human-readable name-value of 2 to 32 characters. The name-value must be chosen upon creation of the contract and is unchangeable throughout the duration of the DApp or Smart contract. All accounts must be funded with the minimum account balance at the time they are created to cover the cost of storing account data (the only fee applicable). Account names also support namespaces (I.E @domain & User@domain)

    Details

    Public sales: Dec 14, 2017 - Jan 14, 2018
    Soft cap: 1,000,000 CHF
    Hard cap: 10,000,000 CHF

    Legal

    Blockchain Platform: Ethereum

    Token info

    Ticker: ZRM
    Type: Utility-token
    Token standard: ERC-20
    Token price in USD: 1 ZRM = 0.3 USD
    Accepted currencies: ETH, BTC
    Funds allocation:
    15% - Operational
    25% - Marketing and sales
    5% - Legal and Compliance
    55% - Core Development
    25% - Marketing and sales

    Zerium Roadmap

    1
    MARCH 2017

    Initial Idea

    2
    APRIL 2017

    Conceptualization, mapping & Market Research

    3
    june 2017

    Technical feasibility study

    4
    august 2017

    Blockchain development

    5
    october 2017

    Testnet deployment

    6
    november 2017

    Mainnet and syncing protocol test

    7
    december 2017

    Miscellaneous development

    Project team

    Carlos Reglero
    Carlos Reglero
    CEO AND COFOUNDER
    Carlos Reglero linkedin
    Hugo Teijiz
    Hugo Teijiz
    CTO AND COFOUNDER
    Hugo Teijiz linkedin
    Nicolas Bracigliano
    Nicolas Bracigliano
    MANAGING DIRECTOR AUSTRALIA
    Nicolas Bracigliano linkedin
    Fernando Garcia Gutierrez
    Fernando Garcia Gutierrez
    MANAGING DIRECTOR ESPAÑA
    Fernando Garcia Gutierrez linkedin
    Nicolas Pepe
    Nicolas Pepe
    CMO
    Nicolas Pepe linkedin
    Christian Lopez
    Christian Lopez
    CIO
    Christian Lopez linkedin
    Facundo Gregori Battista
    Facundo Gregori Battista
    CORE DEVELOPER LEADER
    Facundo Gregori Battista linkedin
    Maria del Carmen Canosa
    Maria del Carmen Canosa
    COMMUNITY MANAGER
    Maria del Carmen Canosa linkedin
    David Tovar
    David Tovar
    COMMUNITY MANAGER
    David Tovar linkedin
    Carlos Graterol
    Carlos Graterol
    UX / IU DESIGNER
    Carlos Graterol linkedin
    Diana Iturriza
    Diana Iturriza
    WEB DESIGNER
    Diana Iturriza linkedin
    William Hughes
    William Hughes
    MARKETING DIRECTOR
    William Hughes linkedin
    Diego Baranowski
    Diego Baranowski
    SENIOR CONSULTANT COLABORATOR
    Diego Baranowski linkedin

    Social media

    Zerium web-site

    User rating:

    5/5 ( 1 )
    0

    Zerium rating

    5.3
    Claim admin rights for this project
    ICObench2.1 / 5Zerium (ZRM) icobench
    ICOholder3.7 / 5Zerium (ZRM) icoholder
    ICObench4.4 / 10Zerium (ZRM) icomarks

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