Review - Ethereum Classic Vision (ETCV)

WEBSITE | TWITTER | WHITEPAPER | TELEGRAM | GITHUB

 introduction
       Ethereum Classic  Vision is a hard fork of Ethereum that leverages the best of both worlds  – true decentralization of Ethereum Classic and cutting-edge protocols  developed for ETH, such as PoS mining and sharding. With its immense  scaling potential, high speed, and great rewards for miners, Ethereum  Classic Vision is the ultimate answer to the current challenges of the  market. During the upcoming hard fork on January 11, 2019, all Ethereum  holders will receive 3 ETCV for each ETH in their personal wallets. 

 WHAT IS ETCV? 
ETCV is an abbreviation  of Ethereum and the ticker (symbol) of the new digital asset that will  be created as the result of the planned hard fork.

 Why Ethereum Classic Vision
Ethereum Classic Vision  combines all three features that a truly successful blockchain must  have: decentralization, scalability, and security. It offers a number of  significant advantages over ETH, ETC, and BTC: 

 Proof-of-Stake
A more efficient, secure, and profitable mining protocol that will keep the network fully decentralized.

Sharding
ETCV network will be able to process 25000+ transactions per second as compared to just 25 in ETH. 

Fair rewards
ETCV  miners do not need to worry that their reward will be arbitrarily  lowered – in our system, miner and trader interests are carefully  balanced. 

No rental storage fee
Launching  a smart contract will incur a minimal one-time fee; unused contract can  be placed in temporary sleep state as a result of a vote. 

IPFS integration
Cheap decentralized file storage for your dApp.

ETCV is one of  Biggest applications Service based on Blockchain for Presenting 4 Kinds  of People need around the World there are:  

• Resource Efficiency, Lower costs mean that ETCV mining will be profitable for individual miners with hardware as simple as Raspberry Pi.
• Stability,  ETCV holders earn more coins by staking them, so there is no motive to  sell – thus, the price of ETCV will rise steadily instead of plunging
• Security, If a block validator breaks the rules or acts maliciously, they lose their staked deposit and status.
• Real Decentralize,  There is no risk that gigantic mining pools will take over the control  of the ETCV blockchain – it will remain independent from any central  authority.

Ethereum is unsustainable
ETH  code has a “difficulty bomb” built into it – a piece of code that  decreases the efficiency of mining new blocks, until the validation  process stops completely - this is known as the “Ethereum ice age”. None  of the improvement proposals offer a real solution – and the promised  switch to a Proof-of-Stake mechanism is still years away. Rewards for  miners will be lowered and rent fees will be introduced for smart  contracts. Giant mining pools will take ever more power, and individual  mining will lose economic sense. ETH has failed its supporters – and its  price will keep falling 

 For more information here :
Website: https://ethereumcv.io
Whitepaper: https://ethereumcv.io/whitepaper.pdf
Twitter: https://twitter.com/eth_cv
Telegram: https://t.me/ethereum_classic_vision
Github: https://github.com/ethereumclassicvision

Author :
Bitcointalk name : ayumichia
Bitcointalk profil :https://bitcointalk.org/index.php?action=profile;u=1427084