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INTRODUCTION
Hello crypto lovers and esteem steem lovers. I want to bring to you a unique platform that is a fork of Ethereum. This platform can allow quick transactions and building of dApps, before proceed lets talk about Transactions. The introduction of cryptocurrency allows transactions on network blockchain done on differeny nodes. Transaction of cryptocurrencies today is exponentially increasing as a result of the massive introduction of new coins to the crypto market. The development of this coin also calls for the launching of different architecture for the exchange and trading of the currencies.
This launched architecture is always an improvement on the shortcoming of the existing platforms. Still, the crypto transaction still wallows and suffer different bottlenecks which have massively discouraged investors and a huge number of people from the endorsement of this currency as their transaction's payment method.
To finally solve this problem indelibly, Etherzero platform was launched.
QUICK DESCRIPTION OF THE ETHERZERO PLATFORM
The Etherzero architecture is an innovative and fast developing platform that was constructed in the technology of proof of work + masternode and also the technology of Dash 1 Coin which has the nature of a distributed autonomous architecture.
The Etherzero platform also adopts the proof of authority protocol used by the Ethereum blockchain. This platform is established for the development of smart contracts.
THE TECHNOLOGY BEHIND THE DEVELOPMENT AND EFFECTIVE FUNCTIONING OF ETHERZERO
There are two major technology which Zerocash used in the construction of its platform that makes it unbeatable when it comes to Dapp development. These technologies include;
The Masternode and the masternode proof of stake (MPoS)
- The Masternode
Masternode is a term gotten from the server of Dash' full-node. It is present at the facility of necessary service to enhance the provision of some services and performance of a given blockchain.
The Masternode will serve the following functions;
- Verification of Transactions: The masternode is responsible for the verification and confirmation of transaction signatures, Nonce value, account balance etc.
- Block Generation: It ensures the execution of transaction and smart contract. It therefore uses transactions that are legitimately executed to generate blocks.
- The autonomy of Community: With this technology, every member of the community is entitled to vote on proposals, ability to involve in all aspect of the development of the community like technical iterations, adjustment of operational plans and so on.
- Masternode Proof of Stake (MPoS) Consensus Mechanism
The Masternode Proof of Stake Consensus Mechanism technology will help in the following provision;
- Policy Authorization: The masternode ID is calculated with the block's hash value via this technology. The calculation result is also sorted thereby providing a random and unpredictable list of witnesses.
The technology ensures that the outcome of the calculation is the same for all nodes to reach a consensus. - Instant Confirmation: With this technology, the confirmation of a transaction is done immediately the transaction is successful. Before a transaction is successful, 15 different identities or entrants will verify the transaction. After then, the transaction is termed completed and unchangeable.
- High Scalability: The MPoS is known for its 1s outbound time, an algorithm that is consistently efficient, and safety. The technology has a TPS which can attain a level of 1400.
- Attack Prevention: The Dapp developed by Etherzero can never be attacked. This is because so many attack prevention measures are involved in the Masternode Proof of Stake.
For how long will your DAPP continue to give your investors problems thereby reduced the interest of people in crypto investment, why don't you visit Etherzero platform for a superb and problem free DAPP Development?
Website: http://etherzero.org/
ANN: https://bitcointalk.org/index.php?topic=2607526.0
TELEGRAM: https://t.me/EtherZeroCN
TWITTER: https://twitter.com/etherzero_org
WHITEPAPER: https://www.etherzero.org/ETZ%20Whitepaper%20v2.0.pdf
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