TANGENT (TAN) Token Expand It's Services To STEEM / HIVE / BLURT (All THREE Chains) - TAN Official Update

Hello, People of Graphene Technology,
We have good news to share with everyone. After a week of sleepless nights, we managed to bring the Interoperability of THREE blockchains (STEEM, HIVE, BLURT) into the TANGENT Token At Hive-Engine.

The History

Somehow you might remember what was happened just after @ned (Ned Scott) sold STEEMIT INC to the @justinsunsteemit (Justin Sun). The dramatic situation leads to a chain split. As a result of that, the STEEM chain split into two as STEEM & HIVE.

Most of the witnesses, dApp developers & community members left STEEM, and the Covid19 pandemic also appeared. We had country lockdowns & etc, so some token projects that processed top of STEEM-ENGINE shifted to HIVE-ENGINE or collapsed. One of our token project TRENDO (TRDO) that processed top of STEEM-ENGINE also shut down. (Compensation process initiated).

After a few weeks from HIVE split, another fork of STEEM brought BLURT token as well. As a result of that, now we have THREE blockchains (forks of STEEM), THREE communities, THREE blogging platforms & TWO scot smart contract platforms.

The Concept

When the STEEM chain split into three, every token project owner had to make a decision, whether they stay on STEEM-ENGINE or shift to HIVE-ENGINE, the new platform. This might be a hard decision to take & some projects had to keep 2 tokens in both platforms & had to spend double for infrastructures. Moreover, community members had to decide whether to stay or leave.

Yes, personally (I) left STEEM & joined HIVE, but some of our community members are still there (at STEEM). And BLURT doing good. As a result of that, we decided to expand our services (TANGENT Comment based Tip Token) out of HIVE.

The Challenge

The major challenge we faced so far is "Mapping Accounts In THREE Different Chains". So we made a mechanism to bind accounts of all THREE chains, that will discuss later in this article.

Then we got a challenge, that we need to stream all THREE chains, identify them & mapping with accounts, etc. But we managed to do those things accurately.

Account Mapping

First, it was a puzzle, how we manage to map accounts at THREE different chains. Especially after the chain split, each chain gets unique user accounts and we need to manage those accounts to keep running the bot project.

To overcome this issue, we have created an account validator script that has the ability to check whether a user account created before the chain split or not.

If user account created before STEEM / HIVE chain split
We won't bother anymore. The given user account has access to all THREE chains.

But, If user account created after STEEM / HIVE chain split
Now, we have to map these accounts. So we introduce the account registration mechanism as follows.

Register Your New Accounts

If you created an account after STEEM/HIVE chain split, then you need to register your account by the following steps:

Send your registration wallet message to :- @tan.reg

Registration Fee :-
- STEEM Chain :- 0.01 STEEM (Refund 0.01 STEEM for 3 times)
- HIVE Chain :- 0.01 HIVE (Refund 0.01 HIVE for 3 times)
- BLURT Chain :- 0.01 BLURT (Refund 0.008 BLURT for 3 times)
Registration Steps for STEEM Users (Steemians) :-
- You need to bind your STEEM & HIVE account names by following steps:-
- Example :- Your STEEM Account : absteem & Your HIVE Account : cdhive
Registration Steps for BLURT Users (Blurtians) :-
- You need to bind your BLURT & HIVE account names by following steps:-
- Example :- Your BLURT Account : abblurt & Your HIVE Account : cdhive

STEEM / BLURT Accounts Bind To HIVE?

Yes, TANGENT Token is at HIVE-ENGINE top of the HIVE chain. Therefore, we want to map your account name at STEEM / BLURT chains with HIVE to process TANGENT Token rewards.

TANGENT Token Tokenomics Changes

Reduce delegation rewards from 25% to 15% (based on daily token mint)
- With our previous version of the TANGENT Token ecosystem, we shared 25% daily minted tokens between delegators of @hiveupme curation project.
Increase comment based reward share from 50% to 60%
- Reduced delegation based reward share (25% to 15%) added here.
Increase Minimum Token Stake to Summon Reward Bot from 10 TAN to 25 TAN

If TAN Reward Bot summon on Unregistered User's Post?

If the comment caller has more than 25 TAN tokens in his stake wallet at HIVE-ENGINE, he will get a curation reward of the call & the author reward will send to @null for burning.

Drawbacks

TAN token script depends on THREE RPC nodes at STEEM, HIVE & BLURT. If ONE node failed, it might impact the entire process. Especially it has effects on account validator process. With our upcoming versions, we will try to optimize this risk.
The processing time is higher than the previous one. This also happens due to Streaming THREE separate chains.

Useful Points

Power down time of TAN is FOUR(4) weeks, similar to STEEM powering down process.
You can trade TAN at HIVE-ENGINE.COM.
Minimum Stake to summon (call) @tan.bot is 25 TAN Tokens
You can make THREE(3) successful calls of @tan.bot per day only
Maximum cap for comment based reward earning is 15% of assigned total reward pool of the day.
50% Curation shared to comment caller (The person who summon the reward bot successfully).
All rewards share to your HIVE-ENGINE - TAN stake wallet.
Daily mint amount of TAN token depends on @hiveupme curation bot earning of HIVE chain.

Invest On TAN Token Is Safe?

TAN is a free token. So you can earn it freely. If you wish to invest in this token, we are strongly advising you, don't invest more than you can afford.

Join Us at [CORE / VAULT Token Discord Channel]

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wesphilbin (67) 4 years ago

I've said it many times; I know nothing about finance, coding, etc... but joined in on Trendo, because it gave me the opportunity to create positive energy and help other's. Now, I am here again, supporting the TAN project, and thank you for your continued support and friendship @theguruasia

$0.03

2 votes

theguruasia (68) 4 years ago

@wesphilbin,
Thank you very much for your support towards our projects. Highly appreciate it!
$tangent

Cheers~

$0.00

tan.bot (39) 4 years ago

^{Congratulations, @theguruasia You Successfully Trended The Post Shared By @wesphilbin.}
^{You Utilized 1/3 Daily Summon Bot Calls.}

^{TAN Current Market Price : 0.202 HIVE}

tan.app (44) 4 years ago

^{Congratulations @wesphilbin, You Earned 1.986 TAN & Curators Made 1.986 TAN.}

tangent.token

^{Join CORE / VAULT Token Discord Channel or Trade TANGENT Token}
^{TAN Current Market Price : 0.300 HIVE}

lifeskills-tv (75) 4 years ago

My steem,Hive and blurt account name same?

1 vote

@lifeskills-tv,
You made accounts before STEEM chain split? Then you won't register, your account is at all 3 chains. So if stake 25 TAN you can call TAN at any post in 3 chains.

Thanks~

asimo (44) 4 years ago

$tan

^{Congratulations, @asimo You Successfully Trended The Post Shared By @lifeskills-tv.}
^{You Utilized 2/3 Daily Summon Bot Calls.}

^{TAN Current Market Price : 0.250 HIVE}

^{Congratulations @lifeskills-tv, You Earned 0.521 TAN & Curators Made 0.521 TAN.}

theshaki (58) 4 years ago

!tan

^{Congratulations, @theshaki You Successfully Trended The Post Shared By @theguruasia.}
^{You Utilized 1/3 Daily Summon Bot Calls.}

^{Congratulations @theguruasia, You Earned 0.728 TAN & Curators Made 0.728 TAN.}