ETHEREUM CLASSIC VISION: a hard fork of Ethereum

in #ethereum6 years ago


Ethereum Classic Vision is another mechanized cash that plans to interface this gap of needs and reality. A hard fork of Ethereum, it will use most made strategies proposed for the world's second-most noteworthy impelled money, then saving the perfect of decentralization.Dengan mengambil keuntungan dari sifat terdesentralisasi dari blockchain Ethereum, Ethereum Classic Vision

The undertaking will consolidate such advances asmsharding, P2P resource trade, dApp improvement instruments, and decentralized report aggregating utilizing IPFS. Beginning as a PoW-based structure, it will later offer stable prizes tomtransaction validators in light of the execution of Proof-of-Stake, in the interim making an ideal condition for sending new resources.

Ethereum Classic Vision is an excellent hard fork of Ethereum – another mechanized cash that proposes strong and profitable responses to the emergency in the blockchain business. Ethereum – the world's driving stage for advancement and relationship of blockchainnapplications – at present breezes up in a noteworthy emergency.

Diverse strategies are proposed, yet none of them have been executed up until this point – and the present course of Ethereum association does not impart much positive thinking for what's to come. Settling existing issues will take years, and the courses of action themselves can prompt significantly increasingly conspicuous issues down the line.

ABOUT ETHEREUM CLASSIC VISION?
Ethereum Classic Vision hardens the majority of the three highlights that an extremely convincing blockchain must have: decentralization, flexibility, and security. It offers diverse fundamental focal concentrations over ETH, ETC, and BTC:

Proof-of-Stake

A more efficient, secure, and profitable mining protocol that will keep the network fully decentralized.

Sharding

ETCV network will be able to process 25000+ transactions per second as compared to just 25 in ETH.

Fair rewards

ETCV miners do not need to worry that their reward will be arbitrarily lowered – in our system, miner and trader interests are carefully balanced.

No rental storage fee
Launching a smart contract will incur a minimal one-time fee; unused contract can be placed in temporary sleep state as a result of a vote.

IPFS integration

Cheap decentralized file storage for your dApp.

ETH proof-of-Stake advantages

Resource efficiency

Lower costs mean that ETCV mining will be profitable for individual miners with hardware as simple as Raspberry Pi

Stability

ETCV holders earn more coins by staking them, so there is no motive to sell – thus, the price of ETCV will rise steadily instead of plunging

Security

If a block validator breaks the rules or acts maliciously, they lose their staked deposit and status

Real decentralization

There is no risk that gigantic mining pools will take over the control of the ETCV blockchain – it will remain independent from any central authority
Hard fork Ethereum - Ethereum Classic Vision - 11.01.19
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Whitepaper: https://ethereumcv.io/whitepaper.pdf
Website: https://ethereumcv.io/#subscribe
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