The Story
On September 1st 2019 Ebakus started airdroping ERC-20 EBK tokens to Ethereum accounts with over 2 ETH balance that have had activity within the last year. On January 1st, 2020 the ERC-20 EBK tokens will freeze and after the ebakus mainnet, ERC-20 EBK owners will be given EBK tokens 1:1 to their ERC-20 EBK balance.
What is Ebakus
ebakus is a new blockchain with the mission to improve the user experience for dApps and make them more accessible. From a technology perspective it has DPOS consensus that allows it to scale well with low latency, a new way of handling transaction fees and an in-contract decentralized Database (ebakusDB). All this while being backwards compatible with ethereum’s go-ethereum API(geth) and the EVM.
In ebakus transaction fees, as far as users are concerned, are free. Fees are not paid in the native token balance (ethereum, bitcoin) or through staking for resources like competing solutions(eosio, tron) but with CPU time spent through proof of work, moreover we have also built a js library wallet that can be embedded in a dApp. These make a huge difference for end user experience for dApps as they are ready to transact the moment the dApp loads without further requirements or knowledge from users.
Ebakus
Consensus: DPOS
Latency: 1sec
Finality : 85–90sec
Throughput: 23000+ transactions/sec
Write requirements: transaction fees through Proof of Work
“Ebakus is ideal for dApps that have a lot of user interaction and want to reach large audiences”
Why use it
Ebakus is ideal for dApps that have a lot of user interaction and want to reach large audiences. Reducing the friction enables them to market their dApps to conventional audiences without experiencing huge drop offs, all while remaining completely decentralized and secure. Ebakus is ideal for ethereum developers, that have built their dApps on ethereum and cannot compete with EOS dApps, as it enables them migrate with minimum effort and remain competitive.
Vision
Decentralized Applications should resemble their centralized counterparts in quality and
performance. We designed ebakus to meet modern requirements while building on the
technologies developers have already invested in.
ebakus is fast - With 1 sec blocks and 2 second finality, it has low latency.
ebakus has high capacity - Highly incentivized block providers providing the infrastructure along with minimum block propagation technology allows for high capacity.
ebakus has free transactions and deployment - Leveraging a combination of proof of work and proof of stake, ebakus offers
fee-less transactions. People with more stake in their accounts enjoy a better
quality of service. Developers don’t have to worry about running costs for their
decentralized applications.
ebakus is compatible - Being compatible to ethereum makes it easy for developers to transfer their work and knowledge to ebakus.
Additionally existing developer tools and further infrastructure can be easily reused on ebakus.
ebakus is frictionless - ebakus protocol along with the ebakus embeddable wallet makes the existence of blockchain technology transparent to the user and opens dApps for mass
adoption.
On ebakus website you will find ebakus boilerplate and relevant documentation to get you started and you are always within reach on ebakus discord and telegram channels.
General Information:
Homepage(https://www.ebakus.com/)
Whitepaper(https://www.ebakus.com/ebakus_whitepaper.pdf)
Discord(https://discordapp.com/invite/S6WxAKS)
Telegram(https://t.me/ebakus)