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Interchained Core: Genesis Release

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@ethgr0wth ethgr0wth released this 02 Sep 01:11
· 61 commits to main since this release
2f20a09

📰 Interchained Core Genesis Release Notes
A new implementation is released today.
It carries forward the principles of Bitcoin, while extending the system into unexplored territory.


Core Features
• interchainedd (daemon)
A full consensus node, enforcing validation rules, relaying blocks, and maintaining the ledger in decentralized fashion.
• interchained-cli (command-line interface)
Minimal, transparent, and scriptable control of wallets, nodes, and consensus operations.
• Token Subsystem — ITSL
Tokens are no longer contracts. They are protocol.
– TokenOps embedded in UTXO rules: mint, burn, transfer, and allowances occur at the consensus layer.
– Deterministic: validated by every node, no virtual machines, no “gas.”
– Governance-aware: creation and destruction proposals are visible to all.
– Universal accounting: balances live natively beside ITC itself, enabling new classes of markets without fragmentation.
Ethereum turned tokens into contracts; Interchained turns tokens into protocol.
• Proof-of-Work: Yespower
The chain is secured by Yespower, tuned for CPUs.
Power rests with the many, not the few.
• Difficulty Adjustment: DGW-Nova 3
The network adapts rapidly to shifts in hashrate.
Block intervals remain steady, preventing oscillation or abuse.


Rewards and Distribution
• No premine.
• Genesis remains unspent.
• Block rewards partitioned between miners, node operators, and governance — ensuring security, participation, and continuity without reliance on central trust.


Vision
The system remains peer-to-peer.
No central authority, no gatekeeper.
Tokens and governance are not experiments bolted on, but natural extensions of the base protocol.
The rules are simple. The enforcement is absolute. The possibilities are open.
What matters is not the words of this announcement, but the actions of those who choose to participate.
The chain is impartial. The ledger does not care who you are.
It has been set in motion.


Windows & Linux start the interchainedd daemon with -addnode=seed.interchained.org:17101