En-Tan-Mo

En-Tan-Mo is a next-generation blockchain based on Nash equilibrium and the idea of value

transfer. Its name emerged from Entente, Transaction and Mobius. The core En-Tan-Mo team consists

of a remarkable consortium of scholars, including Prof. Thomas Sargent, the leader of the rational

expectation revolution and winner of the 2011 Nobel Prize in Economics; Prof. Sheldon Lee Glashow,

the Nobel-winning theoretical physicist who proposed the first grand unified theory; as well as

scholars from California Institute of Technology, the University of Maryland and the institut Henri

Poincare who achieved SHD completeness by innovatively incorporating game theory in blockchain

development. En-Tan-Mo is a place where SCV miners and Pareto mining pools support and motivate

each other under Kantorovich consensus, a platform that accommodates various applications

and communities in different blockchains and non-blockchain systems, and a decentralized world

where people longing for equality, democracy and genuine freedom are entitled to their fair share

of stake. En-Tan-Mo goes beyond a blockchain-based platform. It is a community that carries the

widest variety of applications and hosts the most extensive participants and the one that is built

upon solid mathematical framework and guided by profound economic and philosophical thoughts.

This whitebook, therefore, is not sufficient to account for the significance and complexity of En-TanMo, and merely serves as a brief introduction of the project. En-Tan-Mo development team is working

on producing more papers with respect to En-Tan-Mo world, philosophy, mathematics, economics,

calculation and ecology so as to shed more light on the project for interested readers.

Ever since its inception, blockchain has been

hailed as a promising technology that stands out

in the history of the internet. Its birth renders all

centralized applications obsolete. Digital token

of blockchain, like physical currency in the real

economy, is designed to function as a medium that

improves the speed and scalability of transactions,

thus enabling the internet to serve not only as a

channel for information sharing but also as a bridge

for value transfer. In 2009, the creation of Bitcoin

ushered in a new era of "digital gold'. Since then,

1.0 En-Tan-Mo World

waves of gold rush has been sweeping the internet

repeatedly with ever-increasing intensity. As of 2018,

it is estimated that only 6 blocks (which generate 75

bitcoins as rewards) are mined every hour at the

hash rate of approximately 30000PH/s. Bitcoin Energy

Consumption Index, issued by Digiconomist, shows

that the electricity consumed by bitcoin mining has

amounted to 39.45TWh per year, an equivalent to

2 billion USD. With massive amount of computational

resources pouring into the mining of digital gold,

Bitcoin blockchain in 2017, in fact, has a lot in

common with the United States during the 1848-

1851 Gold Rush. Back then, America suffered from an

acute shortage of food and clothing as a result of

population explosion. The growth of service sector

failed to keep pace with the surging social demand

with U.S. wholesale commodity price index soaring

from 847 to 1025. What Bitcoin really took the world

by surprise, however, is that it only took 9 years to

establish its own “Gold Standard Monetary System”,

an endeavor that took the real world hundreds of

years to accomplish.

In 2013, Vitalik Buterin proposed Ethereum—

— “the next - generation of cryptocurrency

and decentralized application platforms”. This

revolutionary innovation gave birth to the

smart contract system characterized by Turing

completeness, pushing ether, Ethereum’s digital token,

to the height of "digital oil". Ethereum allows users to

build applications at low cost and great speed on a

variety of modules. To be more specific, it empowers

users to write applications with Ethereum Virtual

Machine Code, a Turing-complete scripting language.

The applications are called smart contract which

is the core of the whole blockchain platform. Smart

contract is the "autonomous agent" of Ethereum

blockchain. When a contract receives a message,

its code activates and self-executes instructions the

message contains and then sends back a message

or a transaction in turn. It should be pointed out that

an Ethereum transaction can be either a transaction

or a segment of instructions. The good thing is that

it allows ether to be used in large quantities. But it

also burn resources and sometimes, to the point

of exhaustion that incurs serious congestion on the

network. A widely used and fitting metaphor is that

Ethereum is like a non-scalable highway, and onblockchain applications are automobiles fueled

by ether. Currently, Ethereum carries over 900,000

contracts, most of which are homogeneous token

applications, like huge cars cramming a narrow,

congested and over-charging highway