Announcement | IRIS Foundation's first implementation of the Compulsory Destruction Plan

On June 28, 2019, the IRIS Foundation executed the first destruction based on the one-year certificate destruction plan. A total of 19,189,722 IRIS certificates were destroyed through two transactions. The total amount of IRIS certificates is currently 2 billion. One.

The IRIS certificate of this destruction involves two addresses of the Foundation's Ecological Development Fund , namely:

The main address of the Ecological Development Fund, destroying 10,084,937 IRIS passes:

· https://www.irisplorer.io/#/address/1/iaa14tynuu49qx85re9kjfcx0uukdazk8jedlmeqt0

The Eco-Development Fund entrusted the proceeds to extract addresses and destroyed 9,104,785 IRIS passes:

· https://www.irisplorer.io/#/address/1/iaa1yfqfqspjktk7gvyf3paqys88edy8m9vwptm9lk

Two destruction transactions can be queried via the browser :

· 922CE88161421A17688F87FCD7FA0D4ECF511E2895DDB0A4C088DE37E625E939

· 42D27EA4BFF0BEDD3FD8B7B50A2567F4E59EFCBC86383D7594822AC95844701D

CoinMarketCap can be used to check the latest total and liquidity of IRIS Pass:

· https://coinmarketcap.com/currencies/irisnet/

Before destruction

201906281636482

After destruction

201906281636483

Relevant information

Announcement | IRIS Foundation will destroy part of the certificate to support ecological sustainability

On June 5, 2019, the IRIS Foundation officially announced a one-year certificate destruction plan. To support the continued development of the IRISnet ecosystem, the IRIS Foundation will destroy the last working day at the end of each quarter in the first year after IRISnet goes online. The IRIS certificate, which is equivalent to the amount of inflation in the same period, to achieve the initial level of 2 billion IRIS certificate after each destruction.

IRISnet Public Pass Address:

· https://github.com/irisnet/iris-foundation/blob/master/iris-public-token-address_cn.md

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

A number of exchanges will openly call the FATF proposal at the G20 opening meeting

The G20 summit of the G20, which everyone is paying attention to, will be held on June 28 and 29, 2019 in Osaka, Japa...

Blockchain

Will FTX liquidating $3.4 billion worth of crypto assets become the main culprit behind the market crash?

For FTX's legal team, this week will be a busy one as they seek regulatory approval to liquidate $3.4 billion worth o...

Blockchain

The exchange is robbing the tokens, all of which are behind the interests.

Since 2019, with the launch of the first issue of the currency-raising (IEO), the “project-side tokens have be...

Blockchain

Solana Ecosystem Bounces Back from FTX Collapse with a Dash of Resilience and a Pinch of Silver Lining

Solana CEO, Anatoly Yakovenko, discusses the impact of FTX's downfall on Solana's ecosystem startups and projects.

Blockchain

Research Firm Elliptic Uncovers Links between FTX Hack and Russian Attackers

New research from blockchain intelligence firm Elliptic suggests a possible connection between the FTX hacking incide...

Blockchain

report! This 14,000-person hacker organization is eyeing the exchange | DVP hackers are coming to an end

According to Baihuhui, in 2018, the economic loss caused by security problems in the digital currency industry was 2....