Irrespective of the fact that the blockchain technology has recorded a reasonable market capitalization over a few years o f introduction , there are still several factors that are hindering its mass adoption , these factors could be attributed to the fact that the new people who would have join the cryptoworld either do not understand how it works or find it complicated .is neccesary to let the public to understand how the blockchain operated and this cannot be achieved completely using the existing network and platforms.
Be that as it may, Ether zero has introduced an application using a smart contract in order to might help in solving these problems and remove the phobia from potential blockchain adopters thereby allowing more people or industries to join the cryptoworld.
THE ETHER ZERO PLATFORM
to solve the problems discouraging mass adoption of the blockchain and the use and acceptance of Cryptocurrencies in our everyday lives by majority of people in all parts of the world, a team of seasoned proffesionls with great experiences who are aware of of the necccecity of maintaining a platform and provide a good security tools for transactions, have created Ether Zero as an innovative Smart contract platform which will help in providing an improved service to every user of the platform and DApp developers.
Etherzero has created a killer Application using a public chain Smart contract that will help speed up the adoption of the blockchain by the masses. With this Application, it will be easy for the public to get themselves familiarized with the blockchain and cryptocurrencies and how it works. Also, the simple and user friendly Ether Zero Application will encourage more new people to join and adopt the blockchain technology as well as the use of cyptocurrecnies.
THE UNIQUE FEATURES OF ETHER ZERO
ETZ is an evolving platform that is created to handle the development of a general smart contract with no transaction fees, processing capacity of transaction very high and with a real time transaction. Developers around the world will be able to make use of Ether Zero platform and smart contract to build their new DApp and contribute to the advancement of the blockhain technology and the use of cryptocurrencies by improving upon crypto transactions.
USE CASES OF ETZ
ETZ team has created a utility token ZTZ which will serve as the main engine in driving the ETZ ecosystem. The ETZ will serve several purposes on the platform.
Although, ETZ is known to execute transaction with zero fees, users must hold some ETZ in the wallet to be able to gain POWER which is consumed during transactions. This POWER MECHANISM takes the place of spending money on Gas in the case of ETH transaction.
To carry out a successful transaction on the ETZ network, users are expected to hold a certain amount of ETZ , as low as 0.01 ETZ . POWER is issued to user’s wallet as bonus depending on the amount of ETZ held in such a wallet.
Also, to participate on the masternode of the platform, users must hold a certain amount of ETZ as a criterion from being a part of masternode. Ether Zero also is created with the capacity to achieve a high degree of decentralization with several masternodes with a high processing capacity of processing during transactions 1400 ( TPS) transaction per second
MORE ON ETHER ZERO
ETZ has just added to its uniqness and innovative nature by creating ETZ version 2.0, with this new version, ETZ is set to offer users several thousands of transactions per second with the smart contract blockchain and zero transaction fees. The aim of ETZ is to keep evolving and give users the best experience ever. ETZ was creatd based on the knowledge of masternode + Proof of work double layer network . Therefore I can say that Ether Zero 2.0 is created as a double layer network structure which is better when compared to the old one. Ether Zero will keep I,proving and benefits and functionality in order to achieve its aim of being the Nest Generation Smart contract platform that is capable of bringing back the enthausiasm of being a crypto fan .
For more information including the updates on ETZ mobile or desktop wallet and other futures I have not mentioned in this short review article.
Website: http://etherzero.org/index.html?id=2
Ann thread: https://bitcointalk.org/index.php?topic=260756.0
Twitter: https://twitter.com/etherzero_org
Telegram: https://medium.com/bottos
Facebook: https://www.facebook.com/EtherZero-554760518194015/
Authour’s bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1760015;sa=summarya8
Authour’s btt name : nesbee2
images on this article are from etherzero website and whitepaper.