Minggu, 23 Juni 2019

[ETHEREUM BASIC]

[ETHEREUM BASIC] solved all the problems found in the Ethereum blockchain


GENERAL REVIEW:

A cryptocurrency can fulfill its qualities and mission only when absolute decentralization is achieved. There are so many cryptocurrencies that do not satisfy these decentralized qualities. Today we will talk about Ethereum Basic (ETBC), the new version of Cryptovurrency, the new Blockchain network, designed to eliminate a number of problems that arise when using the Ethereum network (ETH). with some advanced features that will make it more efficient in terms of usage and profitability for users and miners.

There are some bugs in the Ethererum network that range from low scalability, slow transaction processing, unsustainable gas fees, low efficiency, centralization, etc. The developers of Ethereum Basic (ETBC) developed Ethereum Basic, which will be an updated version of Ethereum and will solve all problems found in the Ethereum blockchain.

Ethereum basic (ETBC) has so many great features that will give users a good network experience, thereby eliminating the shortcomings of the existing Ethereum (Eth) network.

SOLUTION TO CHANGE:


Highlights of the ETBC Profer Network Solution:

The transfer of the Proof of Stake (PoS) should not be partial, it should be complete.
The ETBC network tends to increase the capacity of scaling using chain and chain solutions.
The ETCB network will reduce the pressure in the mines, removing the complexity bomb on the miners to accept future updates.

Implement ASIC resistance

The ETBC platform will know more incentives for full node operators.
Introduce an efficient and effective registration system for community decision making
Reducing gas fees.

Ethereum basic was designed in such a way that it has a scaling ability that implements both the chain and the chain. Miners will receive a great reward and freedom of mining using Ethereum Basic. . Ethereum Basic will create a decentralized exchange (XDEX) in which the Community can participate in making decisions on the platform. The right to vote with the coin will be given to the community if they are listed on the list. The decision on upgrades and incentives will be made by the community, unlike their colleagues, which allow only a few shareholders to decide to manage the company and impose unpleasant policies on their miners. Ethereum basic will give miners the opportunity to make a profit, and network users will also receive low transaction costs, high transaction speeds, efficiency and transparency in the Ethereum core network.

Currently, there are 4 types of wallets available for Ethereum Basic (ETBC). Links to download the wallet can be found below.





ETBC SNAPSHOT:

The Ethereum Blockchain snapshot took place on the 16th of 2019 at 16.00 Moscow time. At the time, as I quoted, all those who hold ethereum in their private wallet would receive ETBC in a 1: 1 ratio. In the same vein, those who did not receive a snapshot could participate in Bounty to get their ETBC.

ETBC Roadmap:


See the official ETBC resources below for more details:


ETH: 0x7F983c8659F5Ed19011F5Be67dCd8F9644b2097A

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