What is EtherZero? Overview of Hard-Fork Ethereum

yandong (25)in #etherzero • 5 years ago

What is EtherZero?

EthereZero is the name of this hard fork project. On the hard fork scheduled for January 19, 2018, EtherZero will be separated from Ethereum and will be sent to the Ethereum holders at a ratio of 1: 1. Etherzero has the following outstanding features:

Happened at block 4936270
Total supply is approximately 116 billion ETZ
Reserve 20 million ETZ for later development
Every year, approximately 6 million ETZ increase

ETZ feature:

Compare the outstanding features of ETZ with other virtual currencies

Offers a total of 116 million ETZ
Trading time of 10 seconds
Block size of 2MB
Hardware extraction: GPU
Instant payment: yes
Master Node: support
Replication (TPS): 10000+
Smart contract: yes

ETZ development roadmap

The current EtherZero project development team has about 20 people from different countries with the idea of creating a new master node system. The development team aims at the price of ETZ at 10% of the price of ETH in a short time. Besides, with the master node, ETZ will be able to attract more money into the project with the holding stake to activate the master node is 10,000 ETZ.

ETZ numbers will be distributed as follows: 45% for node masters, 45% for miners, 10% for self-governing communities.

January 2016: Ethernet network is released for transaction fees.
February 2016: ETZ will complete the release, increase transaction fees to combat DDOS.
March 2016: Mobile wallet and DAPP application store will be issued to create benefits for customers.
End of Q1: Maternode will be tested successfully on Testnet.
End of 2nd quarter: Maternode will be tested successfully on Mainnet, will execute transactions on real time, will trade larger than 10000TPS
End of quarter 4–2018: Maternode optimized version will be complete, supporting tens of thousands of TPS.
4Q2019: Star’s DAPP application contests will launch long-term reward programs for developers and promote the community.