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BLOG

Mining Instructions
newtonproject on 2021.04.14

A total of 60 billion NEW is used for community mining, which will be released in 50 years. Starting from March 15, 2019, 800 million will be released in the first year and 1 billion will be released in the second year, showing an overall inverted U-shaped curve.

According to Newton’s No. 40 proposal ...

APY Calculation Rules on Community Node Mining
newtonproject on 2021.03.19

1. Node Staking:

Estimated APY =

Node Coefficient 2 *【the ratio of NEW/NF on Yesterday】 * 365 / 100

 

2. Partner Node Staking:

a. Owner's Estimated APY = 

Node Coefficient 2 *【the ratio of NEW/NF on Yesterday】 * 365 / 100

 

b. Partner's Estimated APY = 

Node Coefficient 2 *【the ratio of NEW/NF on Yesterday】 * 365 ...

Binance AMA Series Vietnamese Group-NEWTON Founder Xu Jizhe
newtonproject on 2020.01.10

1. Can you tell us the motivation and benefits for investors to hold the Newton for long term?

Xu: Basicly, Newton would be the infrastructure for the community economy and social governance, with the totally new economic model.

The current economic model is most people contribute but only a few people benefit. Newton will create ...

Newton Celebrates its Second Anniversary and Ecosystem Prosperity
newtonproject on 2020.01.08

The Newton Project was officially started in January 2018, and its high-performance main chain NewChain was launched on December 18, 2018. NewChain has now been operating securely for a year, with over 5 million transactions and a block height of over 11 million. As the Newton infrastructure continues to improve, its ecosystem keeps growing.

Over ...

WANQI Mall Joins Newton Ecosystem
newtonproject on 2019.08.19

The Newton ecosystem has welcomed another practical application: Wanqi mall. The mall is operated through the community node WANQINEW, and covers all product types including points mall, global shopping, and member birthday zone modules. Users can logon using NewPay NewIDs; they earn 5 NewForce from each purchase order, which are automatically converted into NEW based ...

Huobi Pool Will Allow NEW Locking and Mining
newtonproject on 2019.07.31

Today, Huobi Pool announced that it will allow NEW mining.

At that time, Huobi Global users can use their account number and password to log into the Huobi Pool site https://www.huobipool.com. In the user center, users can transfer NEW in their Huobi Global account to their Huobi Pool account with one button ...

NewID Registrations Break the Half Million Mark
newtonproject on 2019.06.17

NewID registrations have reached 500,000! NewIDs are users’ decentralized identity in the Newton community economy, and NewID is built into NewPay. Users must install NewPay and create a NewID using an invitation code and mobile number to start mining. Using NewIDs, they can generate invitation codes, initiate Newton node elections, vote, and log into ...

Mitch Aletman,the father of World Maker,joins the Newton Advisory team
newtonproject on 2019.04.13

Mitch Altman, known as “father of the  modern maker movement,” joined Newton as an Advisor.

Altman, a well-known hacker and inventor, a pioneer in virtual reality, and an early promoter of hackerspaces, founded Cornfield Electronics. As early as the 1980’s, he served VPL labs and led the invention of virtual reality. In 2004, he ...

NewID hits 100000
newtonproject on 2019.04.10

The Newton wallet NewPay reached an installed base of over 100,000.

NewPay was officially released on December 18, 2018, and upgraded to V1.0 on March 15, 2019. This version natively includes NewID, supporting joint DApp login. NewPay is the first digital wallet with chain governance functions. NewID connects all DApps, converting user data ...

Newton founder Xu Jizhe visits BCCC
newtonproject on 2019.02.20

On February 20, 2019, Newton founder Xu Jizhe, together with Japan community members, visited the Japan Blockchain Collaborative Consortium (BCCC).

Xu introduced the advantages and use cases of Newton to the BCCC President & CEO Mr. Hirano. Mr. Hirano said that the Japanese market has great demand for blockchain technology, and he expressed his intention to ...

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