A blockchain is a growing list of records, called blocks, which are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a merkle tree root hash)
By design, a blockchain is resistant to modification of the data. It is “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for inter-node communication and validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without alteration of all subsequent blocks, which requires consensus of the network majority. Although blockchain records are not unalterable, blockchains may be considered secure by design and exemplify a distributed computing system with high Byzantine fault tolerance. Decentralized consensus has therefore been claimed with a blockchain.
Blockchain was invented by Satoshi Nakamoto in 2008 to serve as the public transaction ledger of the cryptocurrency bitcoin. The invention of the blockchain for bitcoin made it the first digital currency to solve the double-spending problem without the need of a trusted authority or central server. The bitcoin design has inspired other applications, and blockchains which are readable by the public are widely used by cryptocurrencies. Private blockchains have been proposed for business use. Sources such as the Computerworld called the marketing of such blockchains without a proper security model.
The first work on a cryptographically secured chain of blocks was described in 1991 by Stuart Haber and W. Scott Stornetta. They wanted to implement a system where document timestamps could not be tampered with. In 1992, Bayer, Haber and Stornetta incorporated Merkle trees to the design, which improved its efficiency by allowing several document certificates to be collected into one block.
About Ecostart
Ecostart is a distributed cryptographic platform that is widely available to create applications and software solutions in open block chains. This platform is designed for financial support for environmental and environmental projects. The essence of Ecostart is TerraEcocoin's own cryptocurrency (TECO), which produces the "Proof of Importance" algorithm.
This platform will solve many problems with financing in environmental projects, as well as in the fields of ecology and economic exchange. Project to increase investment in environmental projects by attracting good investment.
This platform also has many advantages such as:
Development of technological blockade
The attractiveness of capital to finance the project and the beginning environment
Stimulating environmental activities and supporting environmental initiatives
Attract the attention of the public, the media, business circles and the authorities to environmental issues
Promote voluntary and environmental sponsorship.
EcoStart will use blocking technology to simultaneously complete several tasks: from creating fundraising services to recording information about customer trading operations and selling tokens at ICO. Thanks to the transparency aspect of key technology, customer trust in EcoStart reaches an extraordinary level.
For investors and sponsors who develop environmental projects will help improve the image and relationship of the community, and get a good investment in environmentally friendly projects. A representative from TerraEcocoin currency will be able to create master nodes and receive fixed income. Volunteers will have the right to information about the place and time of the environmental campaign. Investment funds will be made from which finance companies will be able to submit their applications to participate.
In general, what can be said about this unique platform, it will attract the attention of the public, the media, business and government to environmental issues, and promote environmental volunteerism and sponsorship.
Many projects are currently being made in various countries, but not many of them have strong standards and good quality, as did EcoStart.
Main Features
NGOs and environmental initiators Ecostart projects will provide set of tools to create own tokens. Sale issued tokens will allow to collect money for environmental projects.
Volunteers can get information about the place and time of the environmental shares.
Investors, Sponsors (Socially Responsible business) for financing environmental projects will create themselves positive image and PR, and in the case of investments in the 'green' commercial projects will receive also profit.
TerraEcocoin cryptocurrency owners, will have the opportunity to invest without intermediaries in the 'green' startups and create master codes to confirm TECO transactions, receiving a steady income.
For startups, the opportunity apply to the investment environmental fund, which is focused on financing enterprises and startups implementing environmental projects.
Sales Tokens
TECO tokens can be compiled with Standard ERC20.
Token Symbol - TER
Token Sale Start - 10 December 2018
Token Sale End - 31 March 2019
Token Price - $0.1 USD
Issue of tokens - 210,000,000
Token for Sale - 130 000 000
Max circulating supply - 150 000 000
Token for Sale - 110 Days
ROADMAP
JANUARY 2019
ICO
Start PRE-ICO
FEBRUARY 2019
ICO
Start ICO
MARCH 2019
Listing
Listing of tokens on the exchange
JUNE 2019
PLATFORM
Alpha version
AUGUST 2019
PLATFORM
Launching a mobile application
SEPTEMBER 2019
TECO
Release of TECO Blockchain
SEPTEMBER 2019
PLATFORM
Beta testing platform
OCTOBER 2019
PLATFORM
Open API for developers
NOVEMBER 2019
PLATFORM
Finish of the project
DECEMBER 2019
COMMUNITY
Formation of an ecological community on a platform
For more information, please visit the following link:
Website : https://eco-start.com/
Whitepaper : https://eco-start.com/docs/pdf/wp_en.pdf
Facebook : https://www.facebook.com/ecostart.eb.9
Twitter : https://twitter.com/start_eco
Telegram : https://t.me/ecostart2018
Reddit : https://www.reddit.com/r/EcoStart/
ANN Thread : https://bitcointalk.org/index.php?topic=5079313
Bitcointalk username: https://bitcointalk.org/index.php?action=profile;u=1152789