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So how do you get miners to switch to PoS? This is true by making the old PoW method unprofitable. To achieve this, Ethereum has integrated an elegant and dangerous device into its code - the so-called complexity bomb. Complexity means how difficult it is to find a puzzle solution for each block. The more complex the puzzle, the more time it takes to produce each new block - and the more energy the miner needs to spend. At first, complexity increases only slightly from time to time. But then it starts to accelerate. New blocks require more and more discoveries. Transactions require more time to confirm. And since miners find fewer new blocks, they get fewer rewards. Sooner or later, the network stops working. This is called the bomb of difficulty, and for miners, this is the main incentive to agree to Proof-of-Stake.
As you know, the rewards of miners are strong, since the market is still bearish, and the real price increase is not known whether the small independent miners do not earn enough to cover their expenses. One of the main goals of 2Ether is to create an environment in which GPU miners will have equal conditions for large farms. Adjusting the price of the base fee will help us achieve just that. At 2Ether, we use an intelligent and effective solution to this problem. The base price will be regularly adjusted depending on how the market price of ET2 changes.
Principle of operation
2EtherDEX has huge advantages and reasons for use. A decentralized exchange does not store your assets, because neither hacker attacks nor the complete collapse of the exchange itself are threatened with a loss of funds, which is a huge plus compared to centralized exchanges, which are hacked regularly enough, including large exchanges. When connecting to a wallet, you do not give your private key and all your information is not stored on the exchange server.
There are no personal accounts on the decentralized exchange, verification is not required, and you do not even need to specify an email address, therefore user personal data no one can use or steal. You can choose one of 3 blockchains: Ethereum, EOS and TRON, easily trading any token.
December 2, launch of the 2Ether network and massive airdrop. This is a huge day and to celebrate it, the team will conduct an airdrop for all ethereum holders. In order for a larger number of crypto users to learn about our project. This distribution will be not just random users, you absolutely do not need to do anything, just have ether on your wallet and you will receive free ET2 coins. The snapshot will take place on December 2, 2019, after which our system will automatically calculate how many ET2 coins each Ethereum address should receive.
Development plan
And if you are interested in this campaign, then you can always find out the details by clicking on these links. And also draw some conclusions for yourself.
Additional Information:
Website: https://2ether.com
Whitepaper: https://2ether.com/whitepaper.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=5201756.0
Telegram: https://t.me/blockchain_2ether
Twitter: https://twitter.com/2Ether_
Facebook: https://www.facebook.com/2Ether
My BTT profile: BTCHolder1 (https://bitcointalk.org/index.php?action=profile;u=2532700)
ETH: 0x18572db904FD206d8Ac9AE776186a97c3A71B739
