Every block you mine creates wealth for the entire community, not just you. The reward is split: 33% to the finder (you), 52% to the community pool (all miners share), 10% to dividends (distributed equally), and 5% to the matching pool (humanitarian funding). No single miner can take more than 25% of epoch dividends (anti-centralization cap). Governance votes use quadratic weight: the square root of your shares, so no whale dominates.

The network is mined by the server while it runs on the test network. Mining from your own machine is not open yet, and that is on purpose. The way it works today asks you to run a separate wallet from the one in this app, with the rewards landing somewhere your browser does not hold — which earns you coins you cannot easily use. Before I open it to everyone, there will be a small piece of software that mines straight into the wallet you already have here. Until that exists, mining alone is more trouble than it is worth.

So it stays paused until it works the way it should: at the public network, or sooner if a partner needs the binaries to run their own tests. Everything else in this app already works — convert, borrow, stake, vote, witness, fund — without mining anything yourself.

Two currencies work together. EGL is the reserve — mined and scarce. Egal-Stable (ES) is the usage currency, issued against EGL reserves and not pegged to any national money. Borrow ES against your mining activity — cooperative lending sits behind a 333% reserve coverage floor — and loans repay themselves automatically from your rewards.

Your score starts at 0. Repay a loan to advance to the next level. Interest rate: 6-8% for everyone — the score gives you higher borrowing CAPACITY, not cheaper rates. If you have paid enough interest historically, collateral is waived (Option B). The 6% floor eliminates carry trade and makes the credit system self-sustaining.

The 6% floor is the anti-carry-trade minimum — you cannot borrow cheaper than the staking yield + 0.1%. The score gives you larger loans and removes collateral, not cheaper rates.

Lock EGL as collateral to enable borrowing. Your vault is released when the loan is repaid.

Your loan auto-repays from your mining rewards each block. A faster speed finishes sooner (but leaves less free reward meanwhile); a longer term gives more time before default at no extra interest — the fee is flat, not compounding. Your mandatory minimum may be higher during a grace period.

Every ES of interest you pay is split: 60% redistributed to all miners as dividends, 20% strengthens the guarantee fund (protects borrowers), 20% funds the protocol treasury (development + staking yield).

Vault exempt (Option B): your cumulative interest paid covers 50%+ of this loan. No collateral required.

A permanent, on-chain opinion registry. One passport, one vote, per country. Polls never close, and anyone can recompute the tally straight from the chain. And the question is yours to put — no editor stands between what you ask the world and what it answers.

Each poll is addressed on-chain by its full hash (shown as #… — hover to copy the full value); the short code is a display convenience, not a unique identifier.

EgalChain isn't just a cryptocurrency. It's a toolkit for global citizen action. Here's what each piece does — and how they work together.

Each tool works on its own. Together they close a loop: someone documents a problem, the world weighs in, money flows toward a solution, and the result is timestamped on-chain. Then it begins again.

Timestamp a document on the blockchain. The file itself is never stored — only a one-way fingerprint (SHA-256), proving it existed at a specific time, linked to your verified country. Once it's on-chain, that proof can't be erased.

The virtuous cycle: a witness documents a problem, a linked poll measures public opinion, and an EgalFund project collects donations to solve it. Witness feeds poll, poll feeds fund, fund feeds action. Your testimony is the first step.

Propose a project. The world contributes in ES. Quadratic funding amplifies projects with the most unique supporters — not the most money. 100 people giving 1 ES each get more matching than 1 person giving 100 ES. The matching pool grows with every block mined (5% of block reward). Projects must be linked to a validated organization (50 citizens from 5+ countries). Anti-Sybil by design: one passport, one contribution weight. What the common pool lifts is decided by how many of you stand behind a project, counted in people, not in euros — your small contribution moves it as much as a fortune's.

These organizations are shown as examples of entities with proven integrity. They are not registered on EgalChain — this is for illustration only.

A rate that no longer fits the moment, a pool too small for the people leaning on it — these are not decrees you wait out. They are settings the people who run the network file and re-file to fit the conditions they actually live in. Any miner can put a change on the table, not only vote on one. And on the four economic foundations, the largest farm counts no more than the smallest miner: one miner, one voice, no weighting. That is what decentralization means here, before anything else.

The 3 acquirer keys are pre-defined keyholders distributed across jurisdictions for legal independence and operational redundancy. They never act unilaterally — they co-sign, or one of them vetoes.

This dual structure protects EgalChain from itself: even if everyday governance is captured, the 4 economic foundations cannot be changed without overwhelming community consent AND unanimous acquirer approval — and on those four, the largest miner counts for exactly one voice. That is the floor no fortune can buy out from under the network.

Delegate your governance voting power to another miner you trust to be more informed. You keep your stake, but votes are cast on your behalf. You can revoke at any time. Depth-1 (no chains), no self-delegation, no cycles (A->B->A rejected).

You are not filing a request with a company — you are proposing a change to the rules of money you co-own. Here is exactly what your proposal goes through.

These are the rules of your money — every rate, limit and safeguard. None is fixed by us: each is a lever the community holds, proposed within bounds the code refuses to cross, voted (quadratic, so no single farm decides), co-signed, then delayed before it takes effect. Two stay beyond any vote: the 10% dividend and the 5% humanitarian share.

Understand each rule in plain words — and how a change is actually made →

4 fundamental parameters that define EgalChain's economic identity are protected by constitutional rules. Changing them requires 75% supermajority, 50% quorum, ALL 3 acquirer keys, and a 30-day timelock. These are the rules that protect the protocol from itself.

Chaque action de gouvernance (propositions, votes, approbations multisig, delegations, rotations de cles, changements de taux, operations constitutionnelles, audits entity) est journalisee sur la blockchain. Aucune action administrative ne peut etre cachee. Tout est verifiable par tout le monde, pour toujours.

Staking ES means you lock your tokens to back the safety net of the credit system. In exchange, you earn passive income from three sources:

• 70% of treasury yield (collected from loan interest)
• Guarantee fund overflow (when the safety net is over-funded, the surplus is distributed to stakers — EMA-smoothed to avoid spikes)
• 50% of transfer fees (other people sending ES pay you)

Why staking and borrowing don't combine: the loan interest floor (6%) is always above the staking yield + 0.1% spread. Borrowing to stake is a guaranteed loss. This anti-carry-trade rule keeps the credit system self-sustaining and prevents financial speculation.

30-day unstake cooldown: when you unstake, your ES are released after a cooldown period. Your ES keeps earning yield during cooldown — you don't lose anything by waiting. This protects the guarantee fund against panic-driven mass withdrawals.

Stake at least 50 000 ES — the floor — to unlock a governance vote on staking proposals; when the typical staker locks more, the bar rises to a multiple of that, so a vote always means a real commitment next to others.

EgalChain is a cooperative of individual miners. Reality: some institutions (companies, states, funds) will deploy hundreds or thousands of machines. Instead of ignoring or banning them, the protocol offers a rational carrot: declare officially, accept 55% yield per machine (the other 45% is redistributed to individual miners), and in exchange receive 10× credit access, extended score 0-35, 60-day loans, consolidated borrowing base, and wholesale dynamic rates. Fragmentation via Sybil remains possible but economically suboptimal if you use credit. → Read the full comparison

Register as a master if you represent an institution that deploys multiple machines. Your credit score will be reset to 0 at registration (anti-Sybil measure) but you unlock the full entity toolkit:

• Score 0-35 (vs 0-20 retail) — extended credit runway
• Borrow multiplier up to 10× (vs 5×)
• Interest from 7.5% to 2% (retail 5% to 0%; entity floor is higher because of institutional scale)
• 60-day loans (vs 30 days)
• Consolidated borrowing base = community_balance of master + all linked machines
• Wholesale dynamic rate (half the sensitivity to system utilization)
• Verified badge + implicit SLA (coming post-launch)

Your declared hashrate (hashes per second, H/s) is compared with measured shares every epoch. Ratios 130-150% trigger interest rate penalties. Ratios ≥150% trigger suspension. Declare honestly — underdeclaration is also penalized by the yield redistribution mechanism.

Enter the public key of a machine you operate. The protocol requires both master and machine to consent (double-signature). After you invite, share the generated link with the operator of the machine — they paste it into their own frontend to confirm. The invitation expires after 3 days.

If a master has invited you, paste the invitation link they sent (or the master public key and nonce manually). Accepting binds your public key as a machine under that master — you will no longer vote individually and your yield becomes 55% (the rest boosts retail). You can only be linked to one master at a time.

Audits are submitted quarterly (every ~90 days) by the acquirer 2-of-3 multisig. A passing score (≥70) resets the consecutive-fail counter to 0. Three consecutive fails trigger automatic revocation of your master status (cascading to all linked machines).

The protocol never forbids fragmentation. It just makes declaration rationally superior for anyone who uses credit. Here is why:

Numeric example: an institution with 1000 machines on a 10000-retail network gains +74% in yield by fragmenting Sybil. But it loses 50% of its credit capacity, must manage 1000 wallets instead of 1, and faces legal risk. For any institution that uses credit, declared entity status is economically superior.

The protocol cannot cryptographically prove that a set of public keys belongs to the same physical entity. An institution could fragment its machines into independent identities to avoid the 55% yield discount. The countermeasures are: (1) quarterly audits by the acquirer, (2) legal clauses signed at registration, (3) a strictly better credit path for declared entities, (4) heuristic detection (IP clustering, share timing, registration patterns), and (5) a planned post-launch "whistleblowing reward" where any miner who reports an undeclared entity receives a share of the unpaid surplus if the report is confirmed. EgalChain documents this openly rather than pretending it doesn't exist.

• Whistleblowing reward: a governance setting that lets any miner report an undeclared entity on-chain and receive a share of the recovered surplus if the report is upheld.
• Guaranteed service level: declared-entity machines get block-propagation priority — a soft incentive that rewards compliance without affecting consensus.
• On-chain proof of entity links: cryptographic transparency so light wallets can verify "miner X is linked to master Y" without having to trust any single server.
• Sliding 12-month window for suspensions: today a suspension counter resets only on a passing audit; a rolling record of failures will enforce the intended "3 failures in 12 months" rule.
• Optional verified identity on machines: today only masters need a verified identity; extending it to machines would strengthen institutional credibility, at the cost of pseudonymous employee setups. A product decision is pending.
• Acquirer dashboard: a dedicated tool for the 2-of-3 keyholders to submit audit proofs, approve entity registrations, and manage suspensions.

1.7 billion adults have a phone and a passport but no bank account. EgalCredit P2P lets them borrow without a bank or a credit score: six verified miners fund the request directly from their mining rewards.

On the test network few people mine enough to fund a real request yet — so you can walk the whole flow (request, six guarantors, escrow, repayment, default) in the P2P credit simulator, which mirrors the consensus code line for line.

Two types: Donations (gifts from the community) and Loans (with a transparent repayment plan, 1-24 months). Every transaction is visible on-chain. Repayment goes directly to sponsors (1/6 each). If 3 of 6 sponsors vote to cut funding, the credit is stopped and remaining funds returned. Your P2P score (0-30) builds your reputation over time.

Default penalty: if your P2P credit is cut by sponsors (3/6 vote), your P2P score drops by 3 points and you cannot submit a new P2P request for 90 days. The penalty is real, and so is the reward: repaying in full advances your score and unlocks larger requests.

P2P Credit vs EgalFund — P2P Credit is for PERSONAL needs (a farmer who needs seeds, a student who needs tuition, a family facing an emergency). For COLLECTIVE humanitarian projects (schools, water pumps, medical aid programs), use EgalFund instead. → Go to EgalFund

Cooperative credit is real on the test network, but a loan is fed from the mining earnings of its six guarantors — and almost nobody mines enough here yet for a request to fill in practice. So the simulator hands you the mechanism itself: you play the borrower and her six guarantors, blocks advance when you say so, and every number — the rate corridor, the median rate, the escrow drip, the repayment waterfall, the default settlement — is the same arithmetic the consensus code applies.

request → six guarantors → median rate → escrow → repayment — or default

Opens in a new tab and runs entirely in your browser — no wallet, no account, nothing touches the chain. The other P2P tabs (Marketplace, Create…) drive the real flow on the live test network.

Two licensed bridges representing different jurisdictions agree on a net amount, sign it cryptographically, and the protocol settles. Status reaches "final" after 6 block confirmations (~6 minutes); "irreversible" at 24+ confirmations (~24 minutes). Legacy correspondent banking typically takes days.

The fee scales with the imbalance: well-matched flows (A↔B roughly equal) pay almost nothing. It is designed to settle far faster and cheaper than legacy correspondent banking.

Bridges are vetted institutions (licensing checks, audited fiat reserves, optionally regulated for the institutional settlement unit). Their EGL collateral on-chain guarantees they can settle, and penalties apply if they default on attestations.

Side-by-side comparison of EgalChain's cooperative settlement against the legacy SWIFT + correspondent-bank model. The SWIFT-side figures are industry-typical ranges and vary by corridor and bank. SWIFT is referenced here as a technical baseline, not a partner.

Each licensed bridge attests its fiat reserves periodically. Attestation document hashes are anchored on-chain, with the underlying audit document pinned via IPFS. Attestations expire after the governance-set window (default ~1 week / 10080 blocks) — expired bridges auto-suspend until they re-attest.

For ISU-mode settlement (institutional settlement units), bridges additionally rely on a regulated central bank custodian holding fiat 1:1, attested with audited documentation. The custodian operates under formal central bank oversight in a regulated jurisdiction. It is a separate 3-of-5 keyset — distinct from the acquirer 2-of-3, and the only keyset that can settle or issue the ISU (the acquirer 2-of-3 can do neither) — whose membership rotates only via constitutional supermajority (75%, 30-day timelock).

Each cell shows the total settled volume between bridge row and bridge column (both directions netted). Intensity is proportional to log₁₀(volume). Click a cell for details.

The settlement fee is charged on the NET amount (|A→B − B→A|). The current rate is set by governance vote. Bridges with well-matched flows pay very little.

Transfer fee is 0.5%, automatically split between:

• 50% → Guarantee Fund (protects all borrowers against defaults)
• 50% → Staking pool (rewards stakers who lock ES to back the system)

Both halves return to the cooperative. Unlike a traditional bank wire, no intermediary takes a profit cut.

Type the 2 lines from the bottom of your passport. Your browser computes a one-way fingerprint locally — your name, photo, and birthdate never leave your device. Only that fingerprint and your 3-letter country code are recorded on the network. This is verify-then-forget, not zero-knowledge: the fingerprint and country are published; nothing else is.

Coming — native mobile app: a dedicated iOS + Android app will read your passport's NFC chip directly (ICAO 9303 standard), verify your country's digital signature on the chip (detects forged or tampered passports that manual entry cannot catch), and send only the fingerprint. Your secret key never leaves your device (non-custodial).

For now, manual entry is testnet-only. The launched network will require the mobile app so the chip's signature can be checked against forgery.

Chaque passeport verifie = un citoyen, une voix. Carte mondiale des identites verifiees sur EgalChain, par pays. Cache serveur: mise a jour toutes les ~100 blocks (~1h40 a 60s/block).

Every block in the blockchain contains a mathematical fingerprint (SHA-256 hash) that certifies the state of all accounts on the network. This fingerprint is computed from 10 verification trees:

Click "Fetch proof" and the network sends you a mathematical path proving your balance is included in the tree. Verification recomputes the hash locally (SHA-256 in your browser) and compares it to the one in the block. If they match: your balance is guaranteed by every node in the network.

EgalChain doesn't ask you to trust this fund — or us. Every document a fund commits to its Proof-of-Impact dossier is fingerprinted (SHA-256) and written into the network's shared state, checkable by anyone. Drop the fund's documents below — a single file or the whole folder. Your browser hashes each one and checks, against the network's own state root (not this page), whether it is really part of this fund's on-chain dossier.

Why does Proof-of-Impact exist? →

Name the fund you're auditing to check documents against its dossier (and browse the whole dossier) — or leave it blank and we'll trace each document to whichever fund committed it.

When you attach a file to a testimony or a credit request, only its one-way fingerprint is written on-chain — that permanent record proves the file existed and can't be erased. The file itself lives on decentralized storage, and stays available as long as someone keeps it pinned. You hold the key to that storage, so the cost and the control are yours.

Two ways to attach a file: let the app pin it for you with your own storage key, or pin it yourself anywhere and paste the resulting content ID (CID). Pasting a CID works with any IPFS-compatible storage — your own node, or another pinning service — and asks the app for no key at all.

Your private spend key is currently stored in plain text in your browser's localStorage. Anyone with access to this device (or a malicious browser extension) can read it. Encrypt it with a password you choose — it will be unlocked once per session.

If you forget the password, you must re-import your wallet from the 25-word seed. The encrypted key cannot be recovered without the password.

Clear local data and return to the connection screen.