ETHEREUM CLASSIC VISION is a new cryptocurrency that intends to bridge this gap between expectations and reality. Being a hard-fork of Ethereum , the system will use the most advanced solutions offered for the world's second largest digital currency, while still maintaining the ideal of decentralization. The project will combine technologies such as sharding , P2P asset sharing , dApp development tools, and decentralized file storage using IPFS . Starting with a PoW- based system , it will later offer stable rewards for validator transactions through the introduction of Proof-of-Stakewhile at the same time creating an optimal environment for creating new assets.
ETHEREUM CLASSIC VISION offers bold and effective solutions to the crisis in the blockchain industry . Ethereum , the world's leading platform for developing and building block applications, is currently in a deep crisis. Many solutions have been proposed, but none of them has been implemented so far - and the current course of Ethereum management does not inspire much optimism in the future. Solving existing problems will take years, and the solutions themselves may lead to even more problems in the future.
ETHEREUM CLASSIC VISION is an advanced, fast, easy-to-scale and highly decentralized system, and Proof-of-Stake clearly does not meet these goals. Thus, after the initial period when the platform will use PoW , it will switch to PoS . Unlike Ethereum , which is likely to go through a long phase of partial testing (with testing one block out of 100 using PoS ), ETHEREUM CLASSIC VISIONperform a more decisive and confident transition. The team firmly believes that the introduction of a revolutionary update in a very limited form can only destabilize the network, prolong problems, create differences and ultimately make a complete transition impossible.
The goal of ETHEREUM CLASSIC VISION is to solve the main problems facing Ethereum , including scaling, mining inefficiency and high cost of data storage. The transition to the Proof-of-Stake is a key element of this plan, but a number of additional modules and functions will also play an important role.
Tokens of ETCV will be distributed free of charge among the owners of ETH January 11, 2019. Over the next few months, ETCV will be included in the number of large cryptocurrency exchanges (currently the project team is negotiating with several of them) and will be launched in its dAppdevelopment environment , where blockchain startups will be able to create and deploy new services, adding their assets to created P2Pexchange - Vision DEX .
Project roadmap:
Hard fork Ethereum - Ethereum Classic Vision - 01/11/19
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Whitepaper: https://ethereumcv.io/whitepaper.pdf
Website: https://ethereumcv.io/#subscribe
Authors: YarisRiyadi1st
My Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1756824;sa=summary
My ETH: 0x8B1820FB5829696cA5b595d09dF4e0F5757a97A7
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