EtherZero (ETZ) is a new generation of smart contract platforms (public chains) initiated by a board of technical and professional experts. Members of his team come from various countries in the world. The EtherZero Entity (ETZ) is registered in Singapore. To better serve DAPP developers and users, is this developing DAPP on the EtherZero chain, using smart contracts or user services, all of which are TX fees. In terms of transmission speed, EtherZero uses the MPOS structure, allowing polling stations to reach many levels. The MasterNode application allows EtherZero to achieve instant transmission functions.
As a global public blockchain network project, EtherZero was developed by a core development team from China and two senior DAPP development teams from India and Eastern Europe to assist with research and development, and at the same time, contribute to the DAPP marketing team's basic layer development platform.
The Blockchain, which began to emerge as a technology choice in the real world in 2016 and 2017, is ready to change IT in the same way as open source software did a quarter of a century ago. In the same way that Linux takes more than a decade to become the foundation for modern application development, Blockchain may take years to become a cheaper and more efficient way to share information and data between a network of open and private companies.
Based on distributed, peer-to-peer (P2P) topologies, the blockchain or DLT (distributed ledger technology) allows data to be stored on thousands of servers globally, allowing anyone on the network to see all other entries in real time This makes it difficult for users to control, or play with, network.
Benefits
Transaction Fee:
Power is a token from EtherZero generated in MPOS, which is used for transactions such as GAS on the Ethereum network, but cannot be traded and transferred. All account balances greater than or equal to 0.01ETZ will continue to generate Power as it grows to reach the limit of the acquired Power.
Instant payment:
EtherZero's killing feature does not need developers to worry about network congestion or delay transactions using DApps on our platform. Block generation speed can be lower up to 1 ~ 3 seconds which can reduce confirmation time compared to 15 seconds in Ethereum network.
High scalability:
EtherZero supports very high transaction volumes with fast verification. Ethereum can only process 13 transactions per second, EtherZero can process 1,400 transactions per second.
Masternode + Stake Proof:
EtherZero uses the MPOS consensus algorithm to integrate the Master node system with Proof of ownership, which makes the platform more decentralized and fair, the entire EtherZero network will be more stable on the master node increasing while all master node operators share 9 million ETZ per country.
Autonomous Community Governance System:
The main features are:
MPOS structure
- Masternodnaya system
- Avtonomnaya
community management system
- 0 TX board to meet the requirements of the development, organization and operation of DAPP.
- Instant payments, suitable for more trade scenes
- High scalability, allows the use of DAPP by large people.
Project roadmap:
2017, the ETZ team was created and the EtherZero project was launched.
January 2018, EtherZero test network was released to achieve zero transaction costs and DDOS attacks.
February 2018, online wallets are released on the EtherZero network. At the same time, EtherZero candy was released, and the first EtherZero block was unearthed.
April 2018, OpenETZ Mobile Wallet released to promote the development of a user's ecosystem.
2018 The EtherZero community recruits 4,100 joint officials, while the "Headquarters Witness Plan" is released.
Q1 2018 Masternode will be successfully tested on Testnet.
Q2 2018 Masternode will be successfully tested on Mainnet, implementing real-time transactions and higher transaction rates (more than 10,000TPS).
In the fourth quarter of 2018 2017, the ETZ team was created and the EtherZero project was launched.
2018 2, online wallets have been released on the EtherZero network. At the same time, EtherZero candy was released, and the first EtherZero block was unearthed.
Masternode will be successfully tested on Testnet.
The optimized Masternode version will be online, supporting tens of thousands of polling stations.
As of November 2018, the number of master nodes exceeds 500.
4th quarter 2019 The Star DAPP application competition begins and launches a long-term developer incentive program that promotes the development and prosperity of the developer community.
Information :
White Paper: https://www.etherzero.org/ETZ%20Whitepaper%20v2.0.pdf
Facebook: https: //www.facebook.com/EtherZero-554760518194015/
Twitter: https://twitter.com/etherzero_org
Github: https://github.com/etherzero-org
Medium: https://medium.com/@etherzero
Youtube: https://www.youtube.com/channel/UCigdAIUQAHIdj-LnrTG1SVg?view_as=subscriber
Author : Tuyul Gupies
Profile : https://bitcointalk.org/index.php?action=profile;u=926616
