EINSTEINIUM FOUNDATION UPDATE (MARCH 2021)

To the Einsteinium community,

Einsteinium Fellowships 

As we continue to balance our operations as a cryptocurrency and philanthropic organization. On the anniversary of Einstein’s birthday announced that the Einsteinium Foundation will support the Einsteinium Fellowships, with details of this initiative described in our recent blog post. This marks a very special occasion for the Einsteinium Foundation as our organization's founding was inspired by Albert Einstein. In 2018, the Einsteinium Foundation, a non-profit organization (NPO) and the world's first NPO to be backed by cryptocurrency, established our annual award program. We did this in order to offer grant money to directly support scientific research. There are no restrictions on the type of projects that are eligible but they must be scientific in nature and well-thought out. Additionally, eligible projects must follow a general ethos to push human knowledge forward, and strive to build us a better, safer and more stable future. In this regard, the award supports researchers across career stages including graduate, postgraduate, or professorships by offering funds to be utilized for the advancement of a scientific project. This year, we will be offering the Einsteinium Fellowships in the form of 10 fellowships to be awarded on a rolling basis throughout the year. Each fellow will be awarded 10,000 EMC2 in unrestricted funds. We encourage you to spread awareness of this initiative and if interested, to direct your application here.

Bittrex Exchange

We recently experienced downtime on the Einsteinium wallet on Bittrex, a major cryptocurrency exchange where you can utilize EMC2. This impacted operations on the exchange and we were in constant contact with Bittrex technical support team in order to resolve these issues. After a short period of scheduled maintenance we are happy to announce that the EMC2 wallet is now active again on the Bittrex exchange. The new version (v13.07.01) of the Einsteinium wallet is available on our GitHub repository, containing changes that remove notarization transactions from some remote procedure calls (RPC) responses. This should make regular wallet maintenance and unspent transaction output (UTXO) consolidation easier in the future for services that are using our wallet.

MIL Development

MIL is under current development and represents an evolved blockchain, forked from EMC2, focused on increasing technological improvements and functionality. Over the past month, we have been running continuous development on the MIL mining software infrastructure. This is done to ensure that operations in regards to MIL mining and network scaling and stability are successful. We previously reported on a software issue on the mining side of operations for this project. We are happy to announce that within a local environment we were able to discover and correct this issue. Our next steps are to scale this solution up into the MIL-MainNet. It is our expectation that we can scale this current solution and continue to build the ecosystem of software to support the delivery of this innovative project. We will be releasing monthly updates and periodic developer notes as we progress.

Looking for developers

Einsteinium Foundation is looking to add to our team. In specific, we are currently looking for a Blockchain Developer to work on our new cryptocurrency core that utilizes the Ethash mining algorithm. The ideal candidate will have strong hands-on development experience with Bitcoin or any other Bitcoin-like cryptocurrency core project. This current position is not recruiting for smart contracts developers. Additional details regarding the position are available here. This current position is not recruiting for smart contracts developers. We also encourage anyone interested in any other role within the Foundation to reach out to us.

Stop Asian hate

We have been witness to a sharp escalation in hate speech, hate crimes, and other forms of harassment against members of the Asian, Asian American, and Pacific Islander (AAPI) community in the United States. Hate speech, violence and discrimination come in many forms, from political leaders using racist language in referring to coronavirus, violence against Asian women and to the brutal and senseless attacks against Asians and members of the Asian American community in the Los Angeles, the Bay Area, New York, Atlanta, and elsewhere. The leadership of the Einsteinium Foundation stands united in support of the AAPI community and against xenophobia, racism, sexism, and hate. We are outraged and saddened. We extend our deepest sympathy to the families and friends of the victims.

Stewardship of the Einsteinium Foundation

About the Einsteinium Foundation: The Einsteinium Foundation is a non-profit organization (NPO), and the world's first NPO to be backed by cryptocurrency. The defining characteristics of The Einsteinium Foundation is its ongoing commitment to research and charitable missions throughout the world, and to the safeguarding, maintenance, and development of Einsteinium, an international digital currency built on a secure, decentralized open ledger, or blockchain.

Contact: contact@Emc2.Foundation

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Alexander Lucaci