As a matter of first importance, I need to wish all crypto sweethearts an upbeat new year and a prosperous 2019. 2018 hasn't been so useful for crypto however I unequivocally trust 2019 will be better as a great deal of things fall set up as respects directions and appropriation.
2019 is beginning with Ethereum hard fork which isn't the first of its sort in any case. Another blockchain will be "conceived" called Ethereum Classic Vision (ETCV). This is an extraordinary method to gain free ETCV coin on the off chance that you hold Ethereum in your own wallet.
So, what makes ETCV extraordinary?
Ethereum Classic Vision is the answer for each issue looked by the Ethereum arrange at present. ETCB consolidates all the 3 includes that makes blockchain innovation genuinely one of a kind which are;
- Decentralization
Mining ETCV won't be at the freedom of huge mining pool and the blockchain will stay autonomous from any type of focal control or specialist.
- Scalability
There is alternative of staking which will make speculators stake their coin for quite a while. This decreases the flowing supply of the coin and thus prompts value solidness.
- Security
Square makers has the obligation of anchoring the system and any square validator that is discovered at fault of any offense, acting malignantly may be at the danger of losing their status and staked store.
In my next article, I will write in subtleties what improves ETCV so unique and that the current system. The issue being looked by Ethereum and the arrangement that ETCV is putting forth to improve the system.
we want to know Ethereum is unsustainable
ETH code has a "trouble bomb" incorporated with it a bit of code that diminishes the effectiveness of mining new squares, until the point that the approval procedure stops totally this is known as the "Ethereum ice age". None of the enhancement proposition offer a genuine arrangement and the guaranteed change to a Proof-of-Stake system is still years away.
Prizes for diggers will be brought down and lease charges will be presented for savvy contracts. Monster mining pools will take perpetually power, and individual mining will lose financial sense. ETH has fizzled its supporters and its cost will continue falling.
What are the objectives of the Ethereum Classic Vision venture?
The ETCV improvement group tries to tackle the primary issues confronting the Ethereum organize, including angle, wasteful mining, and high information stockpiling costs.
Purpose of Establishing Ethereum Classic Version
This was produced to be progressively immaculate by using Ethereum Classic 's genuine decentralization work and propelled conventions created for ETH. Probability of immense scaling, speed, and appreciation for diggers.
Transfer Creating a quick speed/exchange can run 25000 exchanges for every second contrasted with Eth, which is just 25.
Provide cheap circulated record stockpiling.
Creating genuine decentralization where you don't need a tremendous mining accumulation will control the ETCV square chain - it will stay autonomous from power.
As the ETCV holders are putting more coins in danger, the dependability of the coins will return where the cost balances out, so there is no impetus to move - so the ETCV cost will keep on rising.
Road map
Q3-4 2018
ETH hard fork ideation & development; formation of the team; negotiation
with and signing up first advisors
Jan 11, 2019
Snapshot of the ETH network & distribution of Ethereum Classic Vision
coins
Q1 2019
Introduction of the dApps platform (initially with new dApps residing on the mainchain and support for migration from Ethereum and Ethereum Classic virtual machines); establishment of key technological partnerships; listing Ethereum Classic Vision at a number of major digital exchanges; testing the P2P exchange module VisionDEX; security audit of VisionDEX smart contracts; expanding the team and adding more developers; launch of a large-scale marketing campaign.
Q2 2019
Implementation of the P2P decentralized exchange module; onboarding of an advisory board specializing in sharding and decentralized storage technology; work on the sharding protocol; development of the decentralized storage system based on IPFS; testing the PoS consensus protocol; roadshow covering major coding events and hackathons in Europe and Asia.
Q3 2019
Switch to the PoS consensus protocol; integration of the dApp platform with VisionDEX; Sharding implementation; testing of the file storage module and the associated rewards system; attracting advisors from the field of the zero-code movement.
Q4 2019
IPFS integration with rewards for storage space providers, the ?launch of a the ? marketing campaign for the storage system; establishing partnerships with blockchain foundations in North America and East Asia; expanding the number of digital exchanges where Ethereum Classic Vision is listed.
Q1
Beta testing of additional features for VisionDEX (margin lending, limit orders, etc.)
Q2 2020
Integration of new exchange features: stop-loss, limit orders, margin trading;
implementation of a Sidechain Development Kit for the dApp platform
Q3 2020
Implementation of cryptocurrency derivatives trading; introduction of a
migration tool for dApps developed outside of EVM (NEO, EOS, Lisk, Stratis)
Q4 2020
Integration of a zero-code, drag-and-drop dApp development module
Hard fork Ethereum - Ethereum Classic Vision - 11.01.19
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Whitepaper: https://ethereumcv.io/whitepaper.pdf
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