Einsteinium Foundation — Monthly update for August 2021

To the Einsteinium community, 

Below is an overview of our actions over the past month. Our focus is on the delivery of MIL, an evolved blockchain forked from EMC2. In addition, we balance our operations as both a cryptocurrency and a scientific philanthropic organization. 

Milevium (MIL) Development

The Einsteinium Foundation is proud to announce that we are in the final stages of releasing MIL.  A detailed description of MIL can be found in our Blue Paper. MIL represents a long-term and forward-looking project for the Foundation, and a defining project which solidifies the future of this organization. MIL represents an evolved blockchain, forked from EMC2, and our software development has 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. In this regard, we will be releasing the full MIL source code on our dedicated Github repository available here: https://github.com/emc2foundation/mil. Our reason for this is to keep with the ethos of cryptocurrency and an open-source future. It is our expectation that we can scale our network and continue to build the ecosystem of software to support the delivery of this innovative project. This includes easy ways to interact and transact with MIL. And includes integration for our philanthropic donations towards scientific research. In addition, we will be releasing monthly updates and periodic developer notes as we progress. Finally, we will release an updated roadmap on our website describing our plans and next steps. Stayed tuned for an announcement about the roadmap. We are thankful for our community and all it offers. This is a very exciting time for Einsteinium!

Expanding our listings on exchanges

We continue to look for new ways to increase the awareness for The Einsteinium Foundation and functionality of Einsteinium, our current product. Einsteinium, the coin, is available to trade on several top exchanges such as Coinspot, Bittrex, and AtomicDex. We are excited by and fully support the recent community-driven activity to reach out to exchanges on our behalf. As a strong driving signal on the Foundation side and in order to reach a wider audience in the cryptocurrency community we are planning for additional exchange listings this year.

We are looking to add to the team

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. As we anticipate expanding on our team, the Einsteinium Foundation is looking for a number of roles to contribute towards the success and adoption of Einsteinium. For more information about this, reach out to us via the contact form on our main page (https://www.emc2.foundation/contact) to express your interest.

EMC2 Fellowships

 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. 

We continue to balance our operations as a cryptocurrency and philanthropic organization. Therefore, on the anniversary of Einstein’s birthday, we 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. For this program, 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 fellowships support 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.

Signed,
Leadership 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.

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Alexander Lucaci