EntroBeam (EIX)

What Is EntroBeam (EIX)?

EntroBeam is a blockchain project that generates indispensable entropy in computer science.

EntroBeam is the native utility token and currently has the following features:

• Entropy Registry: A database storing entropy 256-bit hex-string seeds sent by users and the secure entropy generated by the contract.
• Entropy Chain: A subset of the entropy registry used to determine which entropy to deliver to a user that has not yet been assigned a secure entropy (reveal or settle seed).
• Shuffle Entropy: Various algorithms mix gas fees (10^-18) in the entropy chain with the user’s 256-bit seed to generate secure entropy with an applied avalanche effect.
• Entropy Mining: Users pay gas fees and create entropy registry transactions, similar to mining, which generates hash power by paying for electricity and equipment costs. The more transactions flow into the contract, the more reliable the secure entropy.

What Is Entropy?

• Citing NIST 800-90A: “The entropy source produces random bitstrings to be used by an RBG” (Random Bit Generator, RNG: Random Number Generator).
• Citing NIST 800-90B: “The three main components of a cryptographic RBG are a source of random bits (an entropy source), an algorithm for accumulating and providing random bits to consuming applications, and a way to combine the first two components appropriately for cryptographic applications.”

Entropy is the RBG’s source, which is the cornerstone of digital signatures, public-key encryption, and key establishment. Additionally, it applies to the sampling and modeling of probability distributions, which are essential for data analysis and machine learning.

How can I get EIX tokens?

• Only Entropy Mining will supply EIX tokens. Neither owners nor any other method can create or supply EIX.
• The annual supply decreases by 0.1% per year from 30,000,000 EIX. Calculations are based on Unix TimeStamp (Epoch) and are approximate. With or without user seed transactions, EIX supply will decrease. Without users, EIX may not reach its annual supply target.
• The annual supply is calculated per transaction. If there is only one transaction in a block, the single user receives all rewards for that block. If multiple users exist, the rewards are divided among them.
• EIX currently operates on the Binance platform but will expand to other platforms. Token distribution will be adjusted accordingly based on platform fees. However, since calculations are based on the epoch, the reward will decrease even without users.
• The rewards per block can be checked by calling rewardsPerBlock in the EntroBeam contract. Check rewardsPerBlock (Decimals:18, wei unit).

What is Entropy used for?

• Random Bit Generators (RBG/RNGs): Essential for cryptography, simulations, machine learning, gaming, programming, gambling, scientific studies, and statistical sampling.
• Probability Distribution: A mathematical function describing random phenomena. It plays a crucial role in data science modeling.