A blockchain is a growing record or database, called a block, that is connected and secured using cryptographic techniques. Each block usually contains cryptographic hashes from the previous block, timestamp and transaction data. Designably, the blockchain is resistant to data modification. Blockchain is a big book distributed or called open distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent manner.
For its utilization into a distributed book or record, the blockchain is generally managed by a peer to peer network collectively by following an exclusive protocol for communication between nodes and confirming new blocks. After recording, data in the nir block can be changed retroactively without changes in blocks -The next block that requires consensus is generally controlled by the network.
EcoVerse is the first standalone ecosystem based on the blockchain network developed for everyday use and universal application. It is capable of handling millions of transactions per second (TPS) with a transaction end time of less than two seconds (TFT).
The fatal disadvantage of most cryptocurrency is the unequal allocation of incentives to the rich ie miners rich in Proof of Work (PoW) or stakeholders rich in Proof of Stakes (PoS). Greater interest patterns provide greater control over choosing and receiving the most prizes also results in networks leaning towards oligarchs who tend to collude rather than compete.
This results in a minority with the greatest interests becoming richer and having more power as delegates, getting more tokens because they get more rewards. With the increase in supply of tokens, the minority gets proportionally higher votes to be chosen, thus repeating the cycle that consolidates power into the hands of several strong delegates. This result impedes the entry of new participants, resulting in a lack of sustainability.
EcoVerse is the first standalone platform that uses AI DPOC or stands for Artificial Intelligence supported by Delegated Proof of Contribution. EcoVerse solves daily use and universal adoption by increasing transaction time, security and interconnection. This platform offers up to one million Transactions per Second in laboratory settings the goal of hundreds of thousands in real use, TFT in 2 seconds.
To make complex decentralized applications with sophisticated templates in EcoVerse, such as those used as fiat and credit cards, EcoVerse supports a two-coin system that responds to KYC or AML privacy and regulations requirements and allows for stable currencies, optimal for e-commerce needs and utility coins that grow in value.
Our goal is to create a cryptocurrency environment where individuals are offered, fair opportunities. Fair contributions are rewarded, gifts are distributed correctly, all decisions are made democratically and accumulated wealth with integrity.
Many cryptocurrency design teams have not tried to solve the challenges of self-sustainability. To create an EcoVerse ecosystem that maintains long-term self-sustainability, our team focuses specifically on incentive compatibility based on the Design Mechanism theory.
In many cases, this mechanism is built using only one monotonic economic incentive. However, the EcoVerse team believes that the method prevents the mechanism from operating successfully in the long run.
EcoVerse is independent because it is compatible with incentives. The EcoVerse team designed an ecosystem to attract dApps that is equipped with various services. By taking the sociopsychological approach that owes Spiral Dynamics and Integral Theory, EcoVerse allows individuals to pursue fulfillment and desires of human nature for example, self-esteem and actualization self.
The EcoVerse team envisions economic ecosystems in such a way that individual pursuit of fulfilling their desires will also encourage goodwill. We define goodwill as a capacity for human empathy and compassion towards others. Goodwill will also promote and develop various forms of good economy, including gift economy. and economics share values.
Finally, the EcoVerse team seeks to build a new independent economic ecosystem that will contribute to the prosperity of human society and the future generation of ecosystems.
Website: http://ecoverseglobal.io/
Whitepaper: http://ecoverseglobal.io/whitepaper
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Ann (bounty) Thread: https://bitcointalk.org/index.php?topic=5061863
Whitepaper: http://ecoverseglobal.io/whitepaper
Facebook: https://facebook.com/ecoverseglobal
Twitter: https://twitter.com/ecoverseglobal
Telegram: https: // t .me / ecoverseglobal
Reddit: https://www.reddit.com/user/ecoverse_official
Ann (bounty) Thread: https://bitcointalk.org/index.php?topic=5061863
Authors: YarisRiyadi1st
My Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1756824;sa=summary
My ETH: 0x8B1820FB5829696cA5b595d09dF4e0F5757a97A7
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