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What is the Ethereum Blockchain?

Ethereum is an open source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality. It supports a modified version of Nakamoto consensus via transaction-based state transitions.

Ether is the cryptocurrency generated by the Ethereum platform as a reward to mining nodes for computations performed and is the only currency accepted in the payment of transaction fees.[1]

Ethereum provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes.[2] The virtual machine’s instruction set, in contrast to others like Bitcoin Script, is Turing-complete. “Gas”, an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network.[2]

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How can I participate in the IEO?

Please see the Road Map section at the bottom of the IEO page for the planned timing of the SECX SecureX IEO, and the related restrictions and processed for how to obtain tokens.

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When is the IEO date for the SECX token?

As of this writing, the SECX token has an IEO scheduled for June or July of 2020.

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What is an IEO?

Initial Exchange Offering (IEO) essentially means the tokens will be released through a controlled central and authoritative collective of investors interested in the token marketplace. This is in lieu of allowing the public direct access to acquire a token.

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