ETHEREUM CLASSIC VISION
ABOUT ETHEREUM CLASSIC VISION
Ethereum Classic Vision is a hard fork of Ethereum that usage the best of the two universes – veritable decentralization of Ethereum Classic and forefront conventions conveyed for ETH, for example, PoS mining and sharding. With its huge scaling potential, fast, and exceptional prizes for diggers, Ethereum Classic Vision is an indisputable response to the present inconveniences of the market. Amidst the inescapable hard fork on January 11, 2019, all Ethereum holders will get 3 ETCV for each ETH in their own wallets.
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.
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 PiStability
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 statusReal 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
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