Commercium is purpose-built as a purely peer-to-peer electronic capital & commerce system harnessing a dual cryptography proof-of-work blockchain (dual-chain). Commercium is designed and engineered for trustless value transfer of specific financial instruments across capital markets, money markets and commerce markets.
Commercium compliments the cryptography proof-of-work electronic cash system, Bitcoin, (a purely peer-to-peer electronic Cash system) by providing peer-to-peer functionality of financial instruments that are not electronic cash, across the electronic financial environment, in the modern world.
What is CMM
COMMERCIUM I (CMM)
CMM is a proof-of-work (mineable) cryptocurrency. Its codebase stems from Zcash, however, it does not carry over old transactions from the ZEC chain.
CMM includes 60 second block times for fast confirmation of transfers. It is the only conversion pairing and method for accessing the value stored in ‘CMMX’ or is various smart contracts. ‘CMM’ is paired to Bitcoin, in case a user requires electronic cash.
Block Time: 60 Seconds.
Block Reward: 8
Max Supply: 58,000,000
What is CMM
COMMERCIUM II (CMMX)
CMMX is also a proof-of-work (mineable) cryptocurrency, however, based on the Ethereum codebase and built using solidity. It facilitates Apostille 2.0 as well as provides the technology for peer-to-peer and business-to-business (B2B) needs. It allows the creation & execution of smart contracts, multi-signature escrow accounts, data capture functionalities and value store functionalities allowing real-world financial instruments an electronic cryptography peer-to-peer, clearing house platform where ‘CMMX’ to ‘CMM’ and ‘CMM’ to ‘CMMX’ are designed to facilitate an exchange to participants from either chain.
Block time: 30 sec
Block count: 2880 Blocks/day
Block Reward: 3
Max supply: 30,450,000
COMMERCIUM MASTERNODES are servers that run a Commercium wallet and make decisions. COMMERCIUM MASTERNODE are required to have 100,000 CMM collateral, a dedicated VPS (IPv4 address, 1GB RAM, 20GB drive) and be able to run 24 hours a day without a more than an hour of connection loss. COMMERCIUM MASTERNODE get paid 45% of the block reward on every block, which is distributed to COMMERCIUM MASTERNODE one at a time.
We will use two terminals, one for local side and other for VPS side. Indentation of steps means that you are inside the commercium directory.
ZelCash implementation of Commercium
MULTI-ASSET ENCRYPTED WALLET
ZelCore keeps your assets safe. With support for 100+ assets including Commercium (CMM), Zelcash (ZEL), Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Monero (XMR), Zcash (ZEC), Tether (USDT) and many more.