April Newsletter
By: Post Jok
Tags: Newsletter, Masternodes, Cryptocurrency, Bitcoin, Fintech

Content:

Fork

Recent Listings

Development

Events

Hello CMM Community

First and foremost, we would like to thank you all for your continuous support. We’ve had a bumpy 2018; nonetheless, we came out much stronger and ready for 2019 and beyond. We value our community and are looking forward to growing our support and our following with your help.

Fork

As most of you may recall, on 21st of September 2018, our Bitcoin ABC blockchain got exploited using the Bitcoin Core Bug CVE-2018–17144. In short, the malicious actor was able to print CMM out of thin air. As soon as the team got aware of the incident, exchanges were informed and all trading was halted.

In November 2018, the team decided to use the Codebase from Zcash to start a new Blockchain, with a new emission curve and Masternodes. The snapshot of the old Bitcoin ABC blockchain took place on the 4th of January (Note: the malicious coin addresses were known and got nullified with the fork).

Cryptobridge were the first exchange which reopened CMM trading. Crex24 and SafeTrade followed soon after.

Recent Listings

Vidulum App

Vidulum is a web based multicurrency wallet which features native staking for the CMM in their wallet. Not only is it one of the safest ways to hold your CMM (besides the official Commercium Web wallet and desktop options) but you can also earn some CMM during its use.

Zelcore

Zelcash´s multiasset web and desktop solutions ZelCore, became another way to store and exchange your CMM safely.

Gin Platform

If you don’t want to run your own Commercium masternode, GIN offers you a 1-click solution to host a masternode for you. You always hold the keys and coins to your masternode, which makes GIN one of the most reliable hostings services in the cryptosphere.

Development

Commercium Core Upgrade

The Commercium upgrade will be an adoption of the recent Zcash codebase upgrade 2.0.3, going hand in hand with a new release of Commercium daemon node and a new release of the Commercium Qt wallet. The releases are minor bug fixes and additional features to Commercium.

Summary of changes

Update ZMQ to 4.3.1 Fix Tx expiring soon test ZMQ: add flag to publish all checked blocks wallet: Skip transactions with no shielded data in CWallet::SetBestChain() Update z_mergetoaddress documentation Allow user to ask server to save the Sprout R1CS to a file during startup On shutdown, wait for miner threads to exit (join them) Update for Mac OS local rpc-tests Bitcoin 0.12 performance improvements

Website

Intro Video

We added a short Video clip on the front page of the Commercium website, to give new website visitors a short glimpse into the CMM ecosystem.

Whitepaper

The whitepaper has been updated to the recent changes and is now available again in the full version on our website.

Masternode set up script

Commercium will release a new masternode script, which makes it easier for future upgrades to the source code to be directly deployed onto the masternodes without the need of a manual upgrade from the user.

Features:

Auto update to the latest Commercium release

Auto daemon-check and restart if not responsive

Runs commercium daemon on startup

Single and multi Masternode installation

Additional crontab jobs for various checks

CommerciumX

We’ve on-boarded additional programmers for the CommerciumX development. We are also working on the technical papers for CMMX blockchain. More details are available in our Whitepaper.

We are aiming for CommerciumX to launch in Q3 2019

CMMPay

CMMPay is a company which will leverage the Commercium Blockchain as the foundation for their business, including operations and smart contract execution via CommerciumX. Their mission is to advance the blockchain and cryptocurrency commerce adaptation by providing easy to use

payment processing and merchant tools (Web app with various statistic and onboarding mechanics) leveraged on the existing and established commerce infrastructure, while simultaneously providing value to the continued investments made by individual users, miners and institutional investors alike with the lowest fees ever seen in the Fintech industry.

We decided not to proceed with further exchange listings until CMMPay is fully established. We have however made progress in finalising an agreement with an exchange to cover the CMM to FIAT after CMMPay integration.

If you like to stay on top of the recent news containing CMMPay, please subscribe to the mailing list on their website.

Forum and Wiki

We are in the process of setting up a fully fetched Forum and Wiki page where you’ll find all new and updated guides, posts and documentation.

Events

Once the Forum is set up, we will celebrate tour progress with a fun event aimed to engage our CMM community. Amazing prizes can be won, look out for the announcement. (Hint: Start your Photoshop Engines)

Sidenote

Our Compliance Officer Felix Lomahan participated in The Future of Financial Crime Seminar ACFCS on the 28th of February in Massachusetts to get knowledge about future AML and KYC regulations, machine learning, AI and other interesting topics.