Etherzero | It’s General Application Platform Requirements

glams (36)in #etherzero • 5 years ago

EtherZero was designed to accommodate any application and it is believed that it can host multiple killer platform and applications. And these applications can only be a feature on ETZ. It became very necessary to speed up the mass adoption of ETZ to the public so that they can be familiar with the blockchain platform. This means that the need to develop killer applications that blockchain and cryptocurrency can be run on them becomes a necessity. Also, an application that can make people understand the use of blockchain and cryptocurrency technology becomes very urgent too because it will have a big impact on people’s lives. ETZ is made to accommodate any application, we believe that ETZ can host multiple killer platform and this killer application can only be built on ETZ with such features on ETZ:

Reasons EtherZero is Different.

➡️Basic Operations with Zero Transaction Fees: To effectively support the development and business operations of decentralized applications in a broader sense, various basic operations, such as registration, login, collection, browsing, search, sharing and various small/negligible services or operations should not be charged. ETZ can provide every possible service without a fee.
Super-high concurrency and scalability: It has the ability to operate concurrently with the contract code on blockchains for users worldwide, data concurrency is a challenging issue to tackle, so this kind of application platform has enough scalability to be able to expand proportionally along with the growth of users and applications.

➡️Real-time feedback: A lot or vast majority of the user's operations should have real-time feedback under secure condition. It is the basic requirement for decentralized application to be comparable with
traditional applications.

➡️Version system: This kind of application version system helps developers to quickly complete bug fixes, and for developers to conveniently complete A/B testing for user studies.

➡️Platform Evolution: The Community Proposal Systems and Masternode Voting can help to drive
community-driven evolution of EtherZero. It facilitates the rapid implementation of various technical
iterations and platform governance rules.

➡️The Most Critical Component Functions: The Decentralized storage such as IPFS protocol, secure hotfix
procedures, and the underlying platform services for identity authentication, anonymous communication, notification systems, etc.

ETHERZERO KEY FEATURES THAT DIFFERENTIATE IT.

🔹Zero transaction fee
EtherZero extends the Gas mechanism of Ethereum and improves the Power mechanism on the basis
of it. It gives each account the right to use network resources. It also governs the speed of transaction
response when the right is used.

🔹Fast Confirmation
The new EtherZero network, the trade side can define the number of verification blocks required for
transaction confirmation by themselves. Since the outgoing time is shortened to 1s and the number of
masternodes authorized to generate block in the cycle is 21, therefore even considering security, all
transactions can usually obtain more than 99% confirmation within 3s, and the final transaction confirmation within a maximum of only 15s. The confirmation/verification is very fast especially if it is
compared with currently available blockchain technology as it may need couple minutes to hours duration.

🔹High throughout
Based on the MPoS consensus, and setting the appropriate time to generate a block and other
parameters, EtherZero has implemented more than 1400 TPS transaction processing capabilities on
thousands of masternode structures.

Open decentralized community autonomy
EtherZero built the MPoS (Masternode+PoS) consensus mechanism on the basis of DASH Coin's
Masternode + Pow double-layer network and community autonomy structures and Clique consensus
algorithm of ETH. In this consensus mechanism, anyone can participate in EtherZero network
transaction processing and community autonomy after holding an agreed amount of EtherZero coins and
build server that meets requirements. Simultaneously, since 21 masternodes are selected from thousands of masternodes in each approximately one-hour voting cycle, this provides a super-high degree of open decentralization.

Power of Upper limit of ETHERZERO

MEET THE ETHERZERO SUPPORTING TEAM
🔹Advisor 928 (Sydney – Australia), Blockchain and Community Enthusiast
He has a General interest in cryptocurrency, blockchain distributed ledger technology and community-led technical or end-user training and development on safety and use of cryptocurrency.

🔹Asonganyi Derick (Cameroon- Cameroon), Community Manager
Senior Site Manager at Global E-commerce network
An enthusiast who started the venture of making money online some 4 years back since then, I
have been involved in multiple online money-making activities. Got involved in the Crypto world in
2014 and has been involved in almost all aspects of the community ranging from trading, teaching and
project contributions.

🔹Bryan Vukich (Greater Milwaukee Area - USA), Community Manager & Operations Consultant
Senior Network Engineer
He is a Senior Network Engineer with over 20 years total IT experience. Experienced in server and network operations, network design and security, and risk mitigation. Over 6 years of cryptocurrency experience as a user, miner, trader, and node operator.

🔹Evgeny Egorov (Moscow - Rusia), Tech & Operations Consultant
Entrepreneur, Chief Executive, crypto enthusiast
Over 20 years of IT experience. First 10 years – implementation of ERP systems, a lot of projects in many
industries, work for three IT giants – Microsoft, Oracle, tests and IBM. Last 10 years – own telecommunication
business, creation fully automated complex system of traffic management, online Business Intelligence,
routine monitoring.

🔹Pfister Falterhauser (Germany), Blockchain and Community Enthusiast
Adviser Promotion and Community, Translator and Editor/Author of German Texts.
As a Crypto Enthusiast since 2016. Experience with Miners and Masternodes. More than 11 Years of Experience in the field of Medical Care and preventive measurement for critically ill people with Oxygen Devices and Respiratory Protective Devices, Monitoring, Homecare. Special Training for Palliative care, Childcare, Geriatric care, General care.

🔹Rikrik Gantina (Jakarta – Indonesia), Marketing Supporter and Blockchain Enthusiast
Technical Lead in Oil and Gas Industry
He has been a Blockchain Enthusiast since 2013, with more than 15 (fifteen) years experiences in Oil Gas industry, particularly in Large Scale Offshore/Onshore Subsea Tie Back Projects, Subsea Field Developments,
LNG Based Development, FSRU (Floating Storage and Regasification Unit), Subsea Fiber Optic Project.

🔹Tsutomu Tagashira (Shinjuku - Tokyo, Japan) - Community Enthusiast
An Artist, a Musician, and a Composer (Music Composer) Attending and/or composing several International Film and/or Music Festival around the .world

Etherzero App Wallets can be gotten using using the links:

APP wallet: http://easyetz.io
Web wallet: https://wallet.etherzero.org
Plug-in wallet: GoETZ
Firefox: https://addons.mozilla.org/en-US/firefox/addon/goetz/?src=search
Other GoETZ for Opera, Edge, Chrome:
https://github.com/etherzero-org/GoETZ/releases