AKROMA

johnnyark (25)in #akroma • 8 years ago

Akroma is a cryptocurrency and application development platform focused on creating a governance model that will reward long-term, sustainable development and design.

Akroma is focused on finding solutions to two main problems facing decentralized application development platforms. The first is to create a sustainable governance model around this new network that avoids the trappings of genesis block allocations, pre-mines, and ICO fundraising as all these methods incentivize founders and early adopters to “pump and dump” and move onto the next project.

Using lessons learned from Dash, ZCash, BitShares and EOS, we believe that we can build a governance model that supports long term sustainability for the Akroma project, while still rewarding early adopters.

With a sustainable governance model, we can focus our efforts on often underrepresented areas of cryptocurrency projects, that include: design, usability, adoption, and application development.

Akroma is a newly launched Crypto that is a fork of Ethereum with the addition of Masternodes and Oracles. These are two important terms we need to define:

Masternodes - While the implementation of Masternodes vary between different crypto currencies the general concept is that a Masternode is a full node with a set amount of currency (5000 Akroma in this case) locked that allows that node to perform a function on the network and receive a reward for performing those functions. Those functions can include instant transactions, budgeting, governance, creating privacy, etc.

Oracles - This one is a newer term to most people. Merriam-Webster Dictionary defines an oracle as "a person (such as a priestess of ancient Greece) through whom a deity is believed to speak." This is spot on. A blockchain only knows what is on the blockchain, the oracle will provide access to information outside the blockchain.
Technology

Akroma is a fork of the go implementation of the Ethereum protocol. It is a fork in the sense that it uses the same codebase; not the same ledger. Akroma is to Ethereum as Litecoin is to Bitcoin.

Development on decentralized platforms is growing at a fever pace. As developers look to build their application without the side effects of network congestion there are few options that arise.
The first option is to build “next to” the network that you are building your application on. The second option is to consider new platforms that promise better stability. The third option is the one that the Akroma team took; stand up your own network, and make it public.

All the tools developers use can be used on Akroma.

Sustainable Governance

The Akroma governance model is focused on creating a sustainable application development platform while contributing back to the greater community.

Key Features:

• Interoperability

• No major protocol changes

• Continuous integration of upstream changes

• Focus on UX (user experience)

• Consumer over Enterprise

Roadmap

The Akroma roadmap is included to provide a rough estimation on what the Akroma core team will be working on, what we find a priority. Please expect this roadmap to be adjusted, we do.