AKROMA

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2018-03-27 20:18

Akroma is a cryptocurrency and application development platform focused on creating a governance model that will reward long-term, sustainable development and design.

Akroma is focused on finding solutions to two main problems facing decentralized application development platforms. The first is to create a sustainable governance model around this new network that avoids the trappings of genesis block allocations, pre-mines, and ICO fundraising as all these methods incentivize founders and early adopters to “pump and dump” and move onto the next project.

Using lessons learned from Dash, ZCash, BitShares and EOS, we believe that we can build a governance model that supports long term sustainability for the Akroma project, while still rewarding early adopters.

With a sustainable governance model, we can focus our efforts on often underrepresented areas of cryptocurrency projects, that include: design, usability, adoption, and application development.

Masternodes

Masternodes are a common second layer solution to adding features to a blockchain based network. The Akroma project intends to use this layer of masternodes to power developer and development related features. These features often require greater levels of computation, storage, or availability. As such, an incentivization system has been built into the core Akroma protocol that rewards those that host masternode servers with AKA.

Masternodes help protect and scale the Akroma network by validating transactions and acting as a decentralization incentive. Running a masternode is rewarded with Akroma.

The masternode layer will provide the foundation of additional features on the Akroma network.

Decentralized Oracles

Oracles are systems that provide data to smart contracts. The goal of an oracle network is to develop a feature that developers of smart contracts can trust enough to access the results of the data provided to them as it will often be the catalyst for moving tokens.

Oracles are a very new concept and there are multiple ways to implement Oracles. Oraclize and ChainLink are two unique implementations. As we develop the Akroma oracle offering, we expect both of these to be seen as competitors and also compatible with the Akroma project.

Technology

Akroma is a fork of the go implementation of the Ethereum protocol. It is a fork in the sense that it uses the same codebase; not the same ledger. Akroma is to Ethereum as Litecoin is to Bitcoin.

Development on decentralized platforms is growing at a fever pace. As developers look to build their application without the side effects of network congestion there are few options that arise.
The first option is to build “next to” the network that you are building your application on. The second option is to consider new platforms that promise better stability. The third option is the one that the Akroma team took; stand up your own network, and make it public.

All the tools developers use can be used on Akroma.

Sustainable Governance

The Akroma governance model is focused on creating a sustainable application development platform while contributing back to the greater community.

Key Features:

• Interoperability

• No major protocol changes

• Continuous integration of upstream changes

• Focus on UX (user experience)

• Consumer over Enterprise

Roadmap

The Akroma roadmap is included to provide a rough estimation on what the Akroma core team will be working on, what we find a priority. Please expect this roadmap to be adjusted, we do.