Friday 11 January 2019

ETCV (Ethereum Classic Vision)

The buzz about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is a enormous base of information where we can do anything. Internet has connected the entire world. One of these projects is ETCV (Ethereum Classic Vision), whose main goal is to have a hard fork of Ethereum that leverages the best of both worlds – true decentralization of Ethereum Classic through the ETCV Token.


As mentioned above Ethereum Classic Vision is a hard fork of Ethereum that leverages the best of both worlds – true decentralization of Ethereum Classic and cutting-edge protocols developed for ETH, such as PoS mining and sharding. Ethereum Classic Vision is an excellent hard fork of Ethereum – another mechanized cash that proposes strong and profitable responses to the emergency in the blockchain business. Ethereum – the world's driving stage for advancement and relationship of blockchainnapplications – at present breezes up in a noteworthy emergency.
Ethereum Classic Vision is another mechanized cash that plans to interface this gap of needs and reality. A hard fork of Ethereum, it will use most made strategies proposed for the world's second-most noteworthy impelled money, then saving the perfect of decentralization. The undertaking will consolidate such advances asmsharding, P2P resource trade, dApp improvement instruments, and decentralized report aggregating utilizing IPFS. Beginning as a PoW-based structure, it will later offer stable prizes tomtransaction validators in light of the execution of Proof-of-Stake, in the interim making an ideal condition for sending new resources.
ETCV network will be able to process 25000+ transactions per second as compared to just 25 in ETH.
Fair rewards
ETCV miners do not need to worry that their reward will be arbitrarily lowered – in our system, miner and trader interests are carefully balanced.
No rental storage fee
Launching a smart contract will incur a minimal one-time fee; unused contract can be placed in temporary sleep state as a result of a vote.
IPFS integration
Cheap decentralized file storage for your dApp.
Resource efficiency
Lower costs mean that ETCV mining will be profitable for individual miners with hardware as simple as Raspberry Pi.
ETCV holders earn more coins by staking them, so there is no motive to sell – thus, the price of ETCV will rise steadily instead of plunging.
If a block validator breaks the rules or acts maliciously, they lose their staked deposit and status.
Real decentralization
There is no risk that gigantic mining pools will take over the control of the ETCV blockchain – it will remain independent from any central authority.
Ethereum Classic Vision hardens the majority of the three highlights that an extremely convincing blockchain must have: decentralization, flexibility, and security. It offers diverse fundamental focal concentrations over ETH, ETC, and BTC:Proof-of-Stake
Ethereum Classic Vision combines all three features; decentralization, scalability, and security. This offers a number significant advantages over ETH, ETC, and BTC: Also Note that You must hold ETH in your personal wallet (Jaxx, Coinomi, MyEtherWallet, Ledger Nano, etc.) to get your free ETCV after the fork. Exchange wallet not accepted.
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DISCLAIMER:This post was brought to you by Opeyemi being my personal project on ETCV campaign project

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