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Showing posts from tagged with: clean energy

Energycoin: Can Blockchain make the connection to decentralised renewable energy?

Posted by Brian Mulder in News | 0 comments

30.04.22

Energycoin (ENRG) is a cryptocurrency that focuses on the renewable energy industry. It was created in 2014 by a group of developers who wanted to promote sustainable living and encourage the use of renewable energy. While Energycoin has seen its ups and downs, it remains a fully-functional blockchain with a cryptocurrency, classified as a utility token.

The first block in the energycoin blockchain was formed exactly 8 years ago on 30 April 2014, and the public network has been live ever since.

Time for Cake!

energycoin 8 years

This short article will look at Energycoin’s past, present, and future.

Energycoin? What was that all about?

Energycoin is a digital currency that uses a proof-of-stake protocol to secure its network. Transactions verified by computers that get a reward in Energycoin for their efforts. This decentralized approach makes Energycoin less vulnerable to attack and eliminates the need for a central authority. The Energycoin blockchain also supports a fork of Counterparty, the asset layer on top of Bitcoin, called “Energyparty”. Energyparty can be used to create assets tied to on-chain or off-chain values, to enable real-life economies between people and things.

 

The future of Energycoin

What does the future hold for Energycoin? Here are a few possibilities:

    1. Energycoin could see a revival in popularity, retaking its place between the other cryptocurrencies and tokens focusing on ESG values.
    2. Renewable energy could become more widespread, offering new opportunities for Energycoin.
    3. The Energycoin team has started involvement in innovative new projects that benefit renewable energy resource development (more on this in our next update)

The Foundation focuses on the 3rd option, the other items are consequences of any success in reaching that ambition.

Why Energycoin is still relevant

Despite the initial setbacks, Energycoin remains relevant today. The brand and the Foundation’s focus on renewable energy are more important than ever as the world slowly moves towards a hybrid energy resource mix. In addition, Energycoin’s blockchain technology offers some significant advantages over proof of work cryptocurrencies. Transactions are quick and easy, and the blockchain has proven reliable throughout its eight-year history.

Conclusion

Energycoin is a cryptocurrency created in 2014 as a fork of Peercoin. It focuses on renewable energy, and the Foundation hope to use it to further the energy transition. Energycoin has had a rocky history and trades on a single exchange. It has limited liquidity and a relatively old code-base to develop modern practical dApps. Therefore, the Foundation is starting to work on a way forward to put renewable energy assets on a blockchain first and further develop the Energycoin cryptocurrency aspect later.

 

Stay tuned. Our next update contains more details of this renewed journey with Energycoin.

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ENRG has been listed on Crex24!

Posted by Anne-Marie Pronk in News | 0 comments

02.11.18

We are very happy to announce that we are officially listed. Today we have received a message from the Crex24 team that they have opened ENRG-BTC market. From now on you can make ENRG deposits to your Crex24 account and trade ENRG.

EnergyCoin on Crex24

One more exchange

Now that we are listed on a new exchange, our goal is to get listed on one more. We are still considering what exchange would be the best option for our project. When we narrow the list of options, we will let you know where else ENRG might be tradeable.

Stay tuned!

Win64 QT wallet

Our devs have finished the QT wallet win64 version, and we are going to test it for a some time now, to see if there are any bugs to fix.

Syncing wallets and staking ENRG

Posted by Anne-Marie Pronk in News | 0 comments

31.10.18

How to sync QT wallet in few hours

We’ve created a guide how you can manually sync the QT wallet in a few hours with really easy steps, because autosync takes from a few hours up to a few days . We’ve posted a guide created by our Devs.

QT wallet win64 version

Since we are getting listed on a new exchange, we are creating a new and upgraded version of the QT wallet. Difference between Win32 and Win64 is size of pointers. In Win64, the size of the pointers is 64 bits; and in Win32, it is 32 bits.

How to stake ENRG?

A little reminder what kind of coin is ENRG. Everyone can mine their own EnergyCoin as long as they are holders of some. EnergyCoin is a Proof of Stake (PoS) type of coin. This means that your mining power depends on how much ENRG you hold.

Note: There are few other ways of mining, and most popular is Proof of Work (PoW) which means that your mining depends on that how strong is your CPU/GPU and it doesn’t matter how many of the assets you hold.

EnergyCoin webwallet is up and running

Posted by Anne-Marie Pronk in News | 0 comments

29.10.18

EnergyCoin webwallet is up and running

The EnergyCoin webwallet is up and running now. As you know, we had a technical issue with it during the weekend. The issue is fixed and our technical team is monitoring the webwallet state.

Note that some features, like Exchange and Betting, are not functional.

Don’t forget to save your private key

This part is important, because of that you can secure your funds and recover them at any time.

How to get your private key on webwallet

  • After login on webwallet go on section “My Balances”;
  • Next to your address is button “address actions” which you have to click to see available actions;
  • Click “Show private key” and get it;

Make sure to keep it safe and not share with anyone, because that is the only access to your address, while your address is public.

EnergyCoin webwallet on 181029

Crex24 expected listing date

Since initial communication with Crex24 was on 25th-Oct-2018, EnergyCoin is expected to be listed not later than 6-Nov-2018.

Listing on a new exchange

Posted by Anne-Marie Pronk in News | 0 comments

25.10.18

We were working hard to list EnergyCoin on a new exchange so ENRG is tradeable and we have some news.

  • crex24.com has accepted our application to list ENRG today,
  • We are expecting to be up and running on crex24.com in 5 to 12 days,
  • We are in process of listing ENRG to one more exchange.

We will come back to you with more updates soon; stay tuned!

Why Crex24?

Crex24 is a smaller exchange than Bittrex, but it works just as fine for us in this situation. We were looking for a quick and financial acceptable solution. So far we had a good communication with the Crex24 team, and we expect that to continue for the benefit of EnergyCoin holders.

This update was also published on Medium.