Alfa Enzo: The first mass-market cryptocurrency

in #ico6 years ago (edited)

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The cryptocurrency and Distributed Ledger Technology (DLT) have very high potential and can change the business world. But they have to win the mass market appeal and for this purpose, they must uplift the consumer experience. The EON (Enzo Open Network) blockchain launches in 2018 and it is envisioned to deliver a new generation of distributed applications and decentralized platforms with the unique design for easy use. Alfa Enzo is the solution for most of the problem faced by the blockchain network, some of them are listed below:

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• The basic issue for small payments i.e. slow transfer has not made it a go-to option in a market where payment options such as VISA and MasterCard are doing well due to the fact that they support micropayments.
• There is a failure in the adoption of cryptocurrencies as a means of daily exchange for commodities, goods, and services. We are yet to see cooperate organization or business centers that accept cryptocurrency in place of Fiat currencies.
• And, it should be brought to notice that people face difficulty in trying to understand, obtain and use cryptocurrency is also a problem which should be taken into consideration. Unlike investors who get the cryptocurrencies in huge quantities, the interested consumers might not have the opportunity for the same.

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Features:

The revolutionary blockchain EON will support high functionality design which includes the following:
Infinite Personal Chain (IPC): It is a private blockchain to be given to each user on EON. This will enable the users to control their data.

Proof Of Activity: EON will have the combination of both Proof of Work and Proof of Stake an activity cost function. This administrates an economic ledger that gives EON users an impartial and transparent opportunity to earn token on the network.

Reverse Mining: The miners on EON network can earn by solving captcha puzzles that help the CPU they’re using to verify a transaction and add it to the public ledger.

Atomic Commit: In order to ensure the fast processing, EON uses off chain payment channels which will be linked by the smart contract. It doesn’t matter what is the size of the network or value.

Samartians: These are equivalent of nodes which can be called on to verify the transactions and the activities in the real world. It will be bounded by a smart contract and the protocol requires the acceptance of the node.

Handshake: For the P2P exchange of physical goods, it will act as patent pending protocol and help in ensuring the safety during the exchange of goods.

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The ALFA ENZO team is led by an award-winning UX architect and creative leader Tony Tran. Ridgeley Kran is in the team as the Co-founder. The rest on the list are also geniuses and capable enough who will drive the project forward.

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For more information about this project, please visit the links mentioned below:

Website: https://www.alfaenzo.io/
Whitepaper: https://www.alfaenzo.io/libs/pdf/whitepaper.pdf#zoom=25
Telegram: https://t.me/alfaenzoio
Twitter: http://twitter.com/enzonetwork
Ann Thread: https://bitcointalk.org/index.php?topic=4732951.0

My BTT profile: https://bitcointalk.org/index.php?action=profile;u=2166975

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