Ethereum Meta - The Sleeping Giant which is revolutionising the Crypto Privacy Arena
There are Cryptocurrencies which come and go, but then there are Cryptocurrencies which change the Rules of the Game. BitCoin and Ethereum are two such Cryptocurrencies which have taken the world by Storm. There is no denying the fact that the Future of Payments is going to be dominated by various Cryptocurrencies.
However, the extensive adaptation & use of Cryptocurrencies poses a major threat to all its users. The Feds & the Governments across the world are cracking down on people who Use Cryptocurrencies to evade Taxes. Now, You might not be doing anything illegal, but the very fact that You use Cryptocurrencies extensively, can easily land You in the Fed’s Radar. The very fact that Ethereum & Bitcoin transactions can easily be traced, puts all its users at risk. You might think that You are getting away with Your Bitcoin & Ethereum transactions, but the Government agencies are keeping a tight Tab on all Your Activities. Not only are they keeping a tight Vigilance, they are also making Arrests over transactions made more than 2 Years ago !!
For Example : A California Resident who goes by the name of “Morgan Rockwell” was arrested by the Immigration & Customs Enforcement Agency ( ICE ) earlier this year for making a transaction of 9.99 BTC. What is really shocking is that this particular transaction was made in November 2016 ! So, What does this tell You ? The Enforcement Agencies are literally excavating all Post-Dated records of Bitcoin and other Cryptocurrency transactions ! Let Me reiterate this -> You might think that You have successfully flown under the radar, but the Agencies know everything about all the moves that You are making. Take a look at this article right here : https://news.bitcoin.com/us-federal-authorities-arrest-man-selling-9-99-bitcoin/ . Also here is his Tweet : https://twitter.com/NODEfather/status/963860385336999936
The very fact that BTC and Ethereum transactions are traceable lead various Researchers & Crypto-Enthusiasts to come up with what are now known as “Privacy Coins”. The fundamental reason behind the development of such “Privacy Coins” was to safeguard the interests of the Cryptocurrency users and enthusiasts. The very reason that people use Cryptocurrencies doesn’t make them Criminals, nor does it label them as “Tax Evaders” ! After all, We just want to make this world a better place. As Benjamin Franklin rightly said - “There are only 2 things that are certain in life. The First is Death. The Second is Taxes”. Cryptocurrencies are posing a huge threat to the banking and financial institutions that have sucked the blood out of the people for too long. Cryptocurrencies are giving back the power in the hands of people, and You know what ? - The Globalists and Government agencies are Panicking.
2018 is going to be the Year of Privacy Coins. We all know it. The Best Privacy Coin should offer the following two things :
High User Adaptability : This effectively means that more and more people should be willing to easily adapt to it & use it for their day-to-day purchases and transactions. Today, there are thousands of cryptocurrencies. It would be down right absurd & crazy to have a thousand wallets in Your mobile phone. The solution is to have 1 Wallet in Your smartphone through which You can access hundreds of Your favourite cryptocurrencies, Convert them from one currency to another, and then pay using a Secure Layer.
End to End Protection : The Cryptocurrency should successfully protect the Sender & the Receiver. For the same, We should be looking at something like “TOR” and “Obfuscation Techniques”. Moreover, couple this with “Smart Contracts” & You’ve got a total winner in Your hands !
There is one such Privacy Coin which promises each of the two points mentioned above ( i.e High User Adaptability & End to End Protection ). The name of this Coin is Ethereum Meta ( ETHM ). This is a coin which takes Ethereum to another level altogether. As BTC dominance goes down with time and Ethereum’s usage goes up, this is the Coin which fixes all the loopholes of Ethereum’s technology and it does this quite beautifully !
It relies on Smart Contracts : Smart Contracts are basically the Account Holding Objects present on the Ethereum blockchain. Moreover, the transactions are Mixed by utilising all the wallets that are controlled by Smart Contracts. This is something that no other coin offers at the moment. Also, this further enforces consensus on the network.
Convert Non-Anonymous Tokens to Anonymous Tokens : Not only can You make Anonymous Payments across the various parties on the Ethereum blockchain, but You can easily convert the Non-Anonymous coins into Anonymous coins. Isn’t that awesome ?
Easy Transition to the Meta Layer : What really makes Ethreum Meta unique and Secure is the fact that it adds its own layer for Ethereum transactions ( called the Meta Layer ). This Meta layer facilitates the smooth transition of nearly any Ethereum coin to a Secure layer.
The Team has already implemented PC Wallets : As I write this article, Ethereum Meta is in its Pre-ICO stage, yet they have successfully deployed the Wallets for all the major Operating Systems. This includes dedicated wallets for Mac, Windows and Linux users !
Successful deployment of Smartphone Wallets : If implementation of Desktop wallets in the Pre-ICO stage was surprising, then here is the icing on the cake -> Dedicated Wallets for Android & iOS. They also have a wallet for Chrome ( the most used browser as of today ).
Ether Meta is listed on multiple exchanges : Ethereum Meta as of today is listed on EtherDelta, Token Store, Fork Delta and will very soon be on Cryptopia ! Now, again, a coin in its Pre-ICO stage trading on exchanges ? Have You heard that before ? Most Coins apply for Exchange Listings after their ICO is over. Imagine the number of exchanges that Ethereum Meta will have once the ICO is over. More the number of Exchanges, the more Volume the Coin can hit. Some of the most successful Privacy Coins have listings on a ton of different exchanges, and Ether Meta is moving in the direction of getting listed on a large number of exchanges.
ERC20 compatible Wallet support : As of today, You can use MetaMask, Ethereum Wallet Mist, imToken, Parity, MyEtherWallet and Eidoo for storing Ethereum Meta tokens. Whats more ? ProxyWallet will be supported very soon !
100% Anonymous E-Marketplace : This is by far My most loved aspect of this coin. This coin can literally touch the lives of so many people by offering a 100% Anonymous E-Marketplace ! Once the Marketplace is fully functional, the mass adoption of ETHM will come into effect. This will only drive the value of coin up. So now, What You buy, How You buy it, Who You bought it from and How much You bought it for - Everything is Confidential & Private !
Web Tor Wallet & ZK Snarks : ZK Snark runs on the idea of “Zero Knowledge Proofs”. Developed in the 1980’s by M.I.T Researchers, adoption of ZK Snarks into Ethereum blockchain will take Ethereum to another level. Adoption by Ethereum Meta will help it reach its “Tipping Point”. The Web TOR wallet is something that will be a game changer for this gem of a Privacy Coin.
With a low Token Supply of just 96.5 Million ETHM tokens, I expect this coin to hit a Market Capitalisation of approximately $5 Billion. That would put it at approximately $51 per coin !
If You feel that a $5 Billion Market Cap is too far fledged, then go ahead and look at Ethereum Classic ( which achieved a Market Capitalisation of $4.5 Billion at its peak ). Secondly, look at the Privacy coin called “Monero” ( which achieved a Market Capitalisation of $7.5 Billion at its peak ). As said before, 2018 is the year of privacy coins, and Ethreum Meta can easily be a $5 Billion Market Cap Coin !
Finally, if You happened to miss out on the BitCoin, Ethereum and Monero wave, then “Ethereum Meta” is the coin which can make You rich ! Today, to buy a single Monero coin, You would have to shell out $200. But there was a time when Monero was trading at around $0.50 ( 50 Cents ! ). If You had invested in a thousand Monero at that point in time, today Your investment would be worth $200,000 ( as on 28th of March 2018, expecting that You still hold those thousand coins ).
At its current Price of $0.06, Ethereum Meta is a steal ! Lets say You invest in 5,000 Ethereum Meta right now, and this price shoots up to $51 per coin. That would put the value of Your investment at $255,000 !
Before I end this Article, I want to mention here that Ethereum Meta is truly revolutionising Ethereum Transactions for the benefit of the entire Ethereum community. By deploying Desktop, Mobile, Web Tor Wallets and E-Marketplace, the team at Ethereum Meta has embarked on a journey to create a 100% Secure and fully anonymous Eco-System. An Eco-System which will touch the lives of all its members. Something that will change their lives forever…
To know more about this Awesome Coin, Visit Ethereum Meta's Official Website : https://ethermeta.com
Interesting idea and nicely put, thank you! Security definitely has to be the priority for the crowing cryptocurrency industry.
But is there really "no denying the fact that the Future of Payments is going to be dominated by various Cryptocurrencies."
Transparency, security and access are all issues which still stand in the way of mass uptake of cryptocurrencies.
Hi @acorncollective,
Thank You for Your valuable comment. I personally believe that We need a cryptocurrency application wherein We can store multiple coins ( like cardano, bitcoin, ethereum etc ) and then convert them in real time ( so that We don't have to go to exchanges to be able to do that ).
One such area that Ethereum Meta is addressing is that it is making various "Non-Anonymous" coins "Anonymous". Obviously, this includes all the ERC20 tokens.
Disclaimer: I am just a bot trying to be helpful.
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