The website of crypto statistics CoinmarketCap has 1624 altcoins and tokens, each of which (not counting forks–copies of existing cryptocurrencies) is a blockchain or startup in the development stage of its own project. Judging by how the number of ICO's held increases every year, the world can "drown" in an infinite variety of decentralized applications and types of networks.
Despite the fact that Ethereum is the main platform for many decentralized solutions, each of the developers seeks to achieve the isolation of the startup, guided by the considerations of competition. As a result, instead of achieving the evolution of blockchain technologies, the user sees a pile of useful but incompatible things.
In 2018, the further development of decentralized technologies is hindered:
- Scalability problem;
- No possibility to delete personal data;
- The incompatibility of the block chain and the attachment to them of decentralized applications;
- Disunity of technologies, the development of which is not possible to observe.
The Essentia platform is a comprehensive way to solve the above problems.
The product is in the minimum readiness stage (MVP). Users can already appreciate the convenience of combining in one on-chain environment — different decentralized applications and different types of blockchain.
Built with the latest changes in EU laws (GDRP), Essentia platform is the only one who works according to the rules of KYC on the blockchain and at the same time allows to realize the "right to forget", deleting personal data on demand.
The software developed by the startup Essentia will allow to combine different variants of applications in a modular way, the work of which will be supported by the high scalability of the platform. It does not matter whether the user is working with a wearable IoT device or a personal computer — the problem of decentralization and dedicated capacity is solved with the help of Essentia masternodes.
Token ESS
The ESS token is the internal currency of Essentia, with which funding will be collected for the implementation of the platform on the ICO. Once the network is launched, the ESS token will become the bridge of the ecosystem, playing a role:
- Rewards for supporting masternodes;
- Currency for the purchase of the capacity required for launch and operation of smart contracts;
- Commission payment;
- Intermediary currencies for working in third-party, partner blockchains;
- A means to pay for in-store purchases of decentralized applications;
Conclusion
Startup Essentia has great potential to "shoot" similar to that of Windows, as the theme of the unification of the block chain is the mainstream. Easy installation on any device and the availability of MVP will help to quickly spread Essentia.
All additional information about the Essentia project can be obtained from official sources:
WEBSITE: https://essentia.one/
TELEGRAM: https://essentia.one/
WHITEPAPER: https://essentia.one/whitepaper_draft.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=2704531.0
AMBASSADOR PROGRAM: https://bitcointalk.org/index.php?topic=2997600.0
FACEBOOK: https://www.facebook.com/essentiaone/
TWITTER: https://twitter.com/Essentia_one
BLOG: https://blog.essentia.one
MY BITCOINTALK: https://bitcointalk.org/index.php?action=profile;u=1238493