Protocol v0.5 — AOPS | 127+ tests | 0 failures | test results ›

Energy-backed neutral settlement layer
PoW with stable memory. Private. Fair.

100% Open Source No Funding Transparent Development

A settlement layer anchored to the physical cost of electricity. Mining is memory-bound: the bottleneck is random access to DRAM, not hash power. As hardware efficiency improves, mining becomes more profitable per unit of energy, naturally attracting new miners. This self-balancing dynamic maintains the anchor in a stable range over time. No ASICs, no premine, no company.

Neutral bridge

eWatts was created to be a neutral bridge, not to replace existing monetary systems, but to complement them. A decentralized medium of exchange anchored to real energy costs, private by default, and accessible to all.

Energy-backed digital currency

There are four main ways to store and move value today:

  • • Fiat — controlled by governments and constantly devalued through expansion.
  • • Gold — has real production cost, but is slow and expensive to transact.
  • • Bitcoin — portable and decentralized, but deflationary with fully public transactions.

Each resolved the problem it was built for.

eWatts bridges the best qualities of all three without replacing any:

  • Anchored to real energy cost, like gold. Mining is memory-bound: the bottleneck is DRAM random access latency, which has barely improved in 20 years. Each eWatt corresponds to a measurable amount of electricity spent in its creation.
  • Decentralized and portable, like Bitcoin.
  • Practical for everyday use, like fiat, with simple two-decimal pricing.

No pre-mine. No token sale. No company. Mining is the only way to acquire new coins.


eWatts in 5 minutes

Four explainers: where eWatts fits in the history of money, the three forces that keep supply stable, how DRAM latency anchors the cost of mining, and a beginner-friendly comparison of hash vs. RAM processing.

The Evolution of Money

Bitcoin redefined digital value. The dollar connects global commerce. Gold preserves purchasing power through physical cost. There is a space between them, and eWatts bridges it.

The Free Entry Equilibrium

Every node is a bid in an implicit auction. Free entry and memory-bound mining anchor eWatts to energy cost without ASICs, oracles, or governance.

The Physics of Value

Every form of money has a production cost. eWatts anchors to energy, verifiable through DRAM. No pre-mine, no ICO, no founder allocation.

Hash vs. RAM Processing

A simple analogy: one is solving math faster every year, the other is walking through a giant library that never gets smaller. Why DRAM-bound mining creates a stable cost floor.


Core design

Mining on standard RAM

DAG-based memory-hard proof-of-work using SHA512. The bottleneck is DRAM random access latency, which has barely improved in 20 years. ASIC-resistant by design — old computers remain competitive.

Private by default

Sender, receiver, and amount are hidden using strong cryptography (MLSAG, stealth addresses, Pedersen commitments).

Energy-anchored supply

Elastic emission: more energy committed to the network, more supply enters. Less energy, supply contracts. No fixed cap, no halving schedule — only the physics of the anchor.

Stable governance

Critical changes require 95% consensus, protecting long-term neutrality.


Phases

Phase 1 — Foundation

DONE

Rust implementation with MBPoW mining and privacy layer. AOPS-based mining metrics. Local testnet. Full code audit. 127+ tests, 0 failures.

Phase 2 — Testnet

NOW

Public testnet with incentivized mining. Rust contributor community. Mining pool support, wallet and exchange integration.

Phase 3 — Mainnet

Mainnet launch with decentralized governance. Reference wallet GUI. Exchange listings.

Phase 4 — Maturity

Community governance with constitutional framework. Cost-stable issuance at network maturity. Cross-chain bridges. Trade finance and remittance corridors.


Three AI models, same answer

The question: equalize adoption, security, liquidity, and network effects across all cryptocurrencies — which has the best monetary design for a unit of account and medium of exchange? Three independent AI models evaluated eWatts solely on first principles. All three answered the same way.

CLAUDE

“Energy-anchored designs tie value to a fundamental real-world input, with supply elasticity that counters demand shocks. eWatts would be my number one choice.”

Full conversation →
CHATGPT

“My number one would be an energy-anchored design of the eWatts type. Energy is the universal input to production, verifiable endogenously through the protocol itself.”

Full conversation →
GROK

“eWatts functions as a neutral bridge complementing other assets rather than replacing them — energy as the stable reference point in a post-fiat world.”

Full conversation →


Ready to see what eWatts can do?

Read the protocol specification, run a testnet node, or explore the economic model.