Thinkium’s monthly reports will provide the latest information to the community’s participant continuously.
Thinkium dynamics
1、Thinkium’s public chain application development layer is compatible with Ethereum construction
The Thinkium is compatible with Ethereum’s EVM contract layer and upgrades the bottom layer again. It will help to complete and re-compatible with its development layer SDK, tools, IDE, and so on. All developed Dapp that based on the Ethereum’s environment could be transferred to Thinkium’s public chain at no cost, so more and more Ethereum’s developers could join and be part of us.
2、The Pos staking time and peak attenuation of underlying code of THINKIUM Public Chain are under development.
The added nodes will emphasize their binding function by combining callers’ signatures and nodes’ private key signatures to initiate system contract trading. Combining the consensus node and mining pools nodes to the relevant data nodes will be considered the commissioned data node rewards. Every single data node can be bonded with multiple consensus nodes, but each consensus node can only be bonded with one data note.
（2）The completed data node rewards: the consensus node bond to the data node has a new pledge every single time. The data node will be rewarded with a certain proportion of the pledge based on its amount, and the initial ratio is 20%.
（3）The bottom layer 220era have already complete its control upgrade.
（4）Pledge completed. No node private key signature is required。
（5）All attenuation functions are still developing. Including:
A、Data node： Regularly Detect the total pledge and peak value of the pledge within the chain. For instance, every 30 eras will detect the pledge amount of these 30 eras. As for the initial pledge calculation, the rewards will be decreased 1.5% compared to the initial star-ups for every 100 million increases. However, there will be no reward if the amount exceeds 1.4 billion.
A、For example, the initial pledge is ￥150 million, and the initial pledge ratio is 20%, and therefore, the peak value is ￥350 million. The ratio will decrease to 17% that the second peak value is ￥280 million, and the ratio remains the same. The third peak value is ￥450 million, and the ratio is 15.5%.
B、Consensus node rewards: each block is rewarded by giving X amount of TKM for every 1000 pledges, and the amount will be adjusted accordingly to the total pledge.
A certain proportion coefficient is required before distribution. The initial scale factor is 100% based on the initial pledge amount. The new scale factor = the current scale factor * 0.95 when the total pledge amount is more than 100 million. (Accordingly, 100% — 95% — 90.25% — 85.7375%, and so on). The limitation is down to 25%, and the ratio will not change ever since. Same as the data node, the change is irreversible.
C、Pledge time attenuation is calculated based on the initial pledge. The new application exit time = the current application exit time — 20 eras when the total amount of pledge is more than 100 million. The maximum deductible amount is 20 eras, and the change is irreversible.
（6）The mining pools nodes are still developing
The bottom layer supports pledges in mining pools mode. A consensus node can accept multiple pledges from multiple addresses and receive rewards to the address.
3、Thinkiun public chain developer Wiki document editing
People can check on Thinkium chain principle，DAPP development, SDK and interface documents, etc. These are some easy accesses for developers to look on Thinkium’s public chain:
（1）Thinkium’s public chain operation principle provides a brief introduction for people to understand its network, account, transaction, virtual machine (EMV), gas cost and architecture design；
（2）Four-layer system architecture and consensus protocol stack： task layer and POS, treatment layer and TBFT, data layer and Siamese, and network layer；
（3）Ecological construction： dual currency sub chain ecology, independent single chain, same root public chain and consortium blockchain；
（4）Mining mechanism： How to be a verifier？How to pledge to mine？
（5）Governance mechanism： Themis Network comprehensive management mechanism；
（6）Development description： PRC, SDK, contract service, contract introduction and template, auxiliary development platform, wallet, and browser；
（7）Comparison between Thinkium and other public chains： Thinkium and Polkadot, Thinkium and Solana, Thinkium and Dfinity;
THINKIUM Community
Thinkium’s philosophy is “sharing, co-construction and co-governance”, which manages the communities to adapt to a decentralized, open, transparent, and credible place together.
In the ecological community, they are developing Dao management tools for the communities’ participants while providing customized different level courses for varieties groups to learn more about blockchains and their applications.
In the community’s development process, it is essential to help Thinkium’s ecological development create a strategic planning pathway, distribute each subcommunities mission, regularly hold meetings for frequent communications, and build all dimensions of blockchain communities.
More and more people are attracted by Thinkium’s consensus who work harder to get more rewards.
The participants are usually self-motivated to help and develop the communities now, for instance, the development of self-media and Dapp. On the one hand, the participants are doing it for the good of all and themselves. On the other hand, they are all on the same page and recognize the technology and concepts of Thinkium’s public chain.
TUKE wallet
Adding the data node to check on rewards
Fixing the known bugs
Collecting users’ feedback and customer support updates
