Ethereum basic (ETBC)
Ethereum basic (ETBC) has so many great features that will give users a good experience in network usage,
GENERAL OVERVIEW
Cryptocurrency can only fulfill their qualities and mission when absolute decentralization is being achieved . There are so many Cryptocurrencies who did not fulfill this decentralization qualities. Today , we are going to discuss on Ethereum Basic (ETBC), a new version of Cryptocurrency , a new Blockchain Network developed to correct the series of challenges encountered in the use of the Ethereum(ETH) Network .The (ETBC) Network has come up with some advance features that will make it more efficient in terms of use and profitability for the users and miners.
There are some lapses in the Ethererum network which ranges from the low scalability , Slow transactions processing, unstable gas fees , Low efficiency , Centralization and more.All these lapses are preventing mass adoption .In other to achieve the goal of mainstream adoption, The Team of Ethereum Basic (ETBC) developers has developed an Ethereum Basic which will be an upgraded version of Ethereum will solve all these aforementioned problems found in Ethereum Blockchain.
Ethereum basic (ETBC) has so many great features which will give the users a good experience in the use of the network, thereby eliminating the shortcomings of the existing Ethereum Network (Eth)
SOLUTION FOR CHANGE
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Highlights of the Solution Profer of ETBC Network
The Proof of Stake (PoS) transfer shouldn't be partial, it should be complete .
ETBC Network tends to increase Scaling capacity with the implementation of the off-chain and on chain remedies.
ETCB Network will relieve mining pressure by removing the difficulty bomb on miners to accept future upgrades.
Implementation of ASIC resistance
The ETBC Platform will aware more incentives for the full nodes operators.
Introducing effective a functioning and effective noting system for the decision making in the community
Reduction in the Gas fees .
Ethereum basic has been designed in such a way that it has a scaling capacity which implement both off chain and on chain solution. Miners will enjoy great mining reward and freedom with the use of Ethereum Basic. .Ethereum Basic will create a Decentralized Exchange (XDEX) in which Community will be able to participate in the Platform decision making . Voting right with the coin will be granted to to community in the event of coin listing. The Decision on Upgrade and incentives will be taken by the community unlike their Counterparts which only allow few stakes holder to take decision of the running of the company and imposing unpleasant policies on their miners. Ethereum basic will grant miners an opportunity to mine profitably and the network users will also enjoy low transaction cost , high speed transaction , efficiency and transparency within the Ethereum Base Network.
Currently there are 4 types of wallet available for the Ethereum Basic (ETBC) . The links to the wallet download could be find below
MAC OS: https://etbcwallet.com/
Windows : https://etbcwallet.com/
Linux : https://etbcwallet.com/
Web : https://etbcwallet.com/
ETBC SNAPSHOT
Snpashot of Ethereum Blockchain took place on the 16th 2019 , 16.00 GMT. As at the time i quoted all those who hold ethereum in their private Wallet would have received ETBC in 1:1 Ratio . In the same vein, those who did not receive through the snap shot can participate in Bounty to receive their ETBC.
ETBC ROADMAP
Refer to the Official Resources Of ETBC below for more details :
Website: https://ethereum-basic.com/
Whitepaper: https://ethereum-basic.com/whitepaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5141077.0
Telegram: https://t.me/EthereumBasic
Facebook: https://www.facebook.com/Ethereum-Basic-447410822676229
Twitter: https://twitter.com/EthereumBasic
My Username : Tiwik
My ETH Address : 0x77a1F0a3534Be90628BE103BAC061D5244C824AF
GENERAL OVERVIEW
Cryptocurrency can only fulfill their qualities and mission when absolute decentralization is being achieved . There are so many Cryptocurrencies who did not fulfill this decentralization qualities. Today , we are going to discuss on Ethereum Basic (ETBC), a new version of Cryptocurrency , a new Blockchain Network developed to correct the series of challenges encountered in the use of the Ethereum(ETH) Network .The (ETBC) Network has come up with some advance features that will make it more efficient in terms of use and profitability for the users and miners.
There are some lapses in the Ethererum network which ranges from the low scalability , Slow transactions processing, unstable gas fees , Low efficiency , Centralization and more.All these lapses are preventing mass adoption .In other to achieve the goal of mainstream adoption, The Team of Ethereum Basic (ETBC) developers has developed an Ethereum Basic which will be an upgraded version of Ethereum will solve all these aforementioned problems found in Ethereum Blockchain.
Ethereum basic (ETBC) has so many great features which will give the users a good experience in the use of the network, thereby eliminating the shortcomings of the existing Ethereum Network (Eth)
SOLUTION FOR CHANGE
Highlights of the Solution Profer of ETBC Network
The Proof of Stake (PoS) transfer shouldn't be partial, it should be complete .
ETBC Network tends to increase Scaling capacity with the implementation of the off-chain and on chain remedies.
ETCB Network will relieve mining pressure by removing the difficulty bomb on miners to accept future upgrades.
Implementation of ASIC resistance
The ETBC Platform will aware more incentives for the full nodes operators.
Introducing effective a functioning and effective noting system for the decision making in the community
Reduction in the Gas fees .
Ethereum basic has been designed in such a way that it has a scaling capacity which implement both off chain and on chain solution. Miners will enjoy great mining reward and freedom with the use of Ethereum Basic. .Ethereum Basic will create a Decentralized Exchange (XDEX) in which Community will be able to participate in the Platform decision making . Voting right with the coin will be granted to to community in the event of coin listing. The Decision on Upgrade and incentives will be taken by the community unlike their Counterparts which only allow few stakes holder to take decision of the running of the company and imposing unpleasant policies on their miners. Ethereum basic will grant miners an opportunity to mine profitably and the network users will also enjoy low transaction cost , high speed transaction , efficiency and transparency within the Ethereum Base Network.
Currently there are 4 types of wallet available for the Ethereum Basic (ETBC) . The links to the wallet download could be find below
MAC OS: https://etbcwallet.com/
Windows : https://etbcwallet.com/
Linux : https://etbcwallet.com/
Web : https://etbcwallet.com/
ETBC SNAPSHOT
Snpashot of Ethereum Blockchain took place on the 16th 2019 , 16.00 GMT. As at the time i quoted all those who hold ethereum in their private Wallet would have received ETBC in 1:1 Ratio . In the same vein, those who did not receive through the snap shot can participate in Bounty to receive their ETBC.
ETBC ROADMAP
Q4 2018 - Q1 2019
Development of a general project implementation plan, team building.
Q2 2019
Launch of the official website; production and distribution of pre-minted 2,000,000 ETBC coins; launch of the rewards program; start mining PoW; ETBC listing on several exchanges.
May 16, 2019
Snapshot of the blockchain.
May 26, 2019
Run the main network.
3Q2019
Work on the DEX module, preparing for the introduction of ProgPoW and the base payment system; launching incentives for full nodes; adding more exchanges.
2 quarter 2020
Run 0x and non-ether transaction using Lava Network, testing the PoS mechanism; XDEX beta with integration 0x; selection of multiple projects for listing with zero pay on XDEX.
1 quarter 2020
Run 0x and non-ether transaction using Lava Network, testing the PoS mechanism; XDEX beta with integration 0x; selection of multiple projects for listing with zero pay on XDEX.
Q4 2019
The launch of the basefee + tip system and the expected reduction in gas fees to 80%, the alpha launch of the decentralized XDEX exchange, the work on implementing the 0x protocol; first voting sessions among full nodes.
3 quarter 2020
Switch to the agreed PoS protocol; scaling using plasma.
Refer to the Official Resources Of ETBC below for more details :
Website: https://ethereum-basic.com/
Whitepaper: https://ethereum-basic.com/whitepaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5141077.0
Telegram: https://t.me/EthereumBasic
Facebook: https://www.facebook.com/Ethereum-Basic-447410822676229
Twitter: https://twitter.com/EthereumBasic
My Username : Tiwik
My Bitcointalk URL : https://bitcointalk.org/index.php?action=profile;u=2063553
My ETH Address : 0x77a1F0a3534Be90628BE103BAC061D5244C824AF
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