INTRODUCTION
So far so good, the ethereum platform has been a full force to reckon with. It's been so helpful and has provided some features lacking in the blockchain but over the years has become less effective due to some unexplainable factors in the blockchain. It used to be very cheaper and faster to do many operations through it for sometimes but now it has become a little more complicated and less effective in its usual speed and all. As it is in the blockchain, time is of the essence of the essence and just a tiny increase or decrease in service charge and be very important because of the structure of the blockchain and that of its price vulnerable assets. With the way things are with the latest type of Ethereum network, an extra hand is needed, and that is what EUCLIDEUM project is.
ABOUT EUCLIDEUM PLATFORM
This platform is a solution that is formed to address the defaults of ethereum. It is a jointly contributed platform that have so many developers ideas and concept together in order to build a new platform that is considered the stronger and more scalable Ethereum version. It will be fast enough and capable of dealing with higher transaction scales or volume as opposed to the real Ethereum that is now drifting.
THE FEATURES OF EUCLIDEUM
EUCLIDEUM as a stronger and newer ethereum version is already having features that supercedes that of other platforms. It adopts the Proof of stake consensus and is stable enough. It has greater scalability for many more thousands of transactions and is able to process so much more at a time, better than what ethereum can do. The Proof of stake algorithm makes it a preferred network for staking. It offers its own country called Euclid which users can use or stake. Through the token, users can create new nodes with just fewer stakes. ECL coin will always be available for users to stake or to delegate and the same will be used for reward sharing and other kinds of benefits.
The first time this project will be launched will be the first instance of testing the capacity. It will be able to first process about 10 times the original transactions that ethereum is capable of and as it begin to remain consistent in the operation will do even more. The transactions would also be faster, about three times the speed of ethereum with a much more lesser fee.
CONCLUSION
After the lauching which will be very soon, Euclideum will have sharding introduced as one of its feature to show off the shards on the blockchain. The blockchain will be subdivided into different substate and with that, Euclideum's capacity would increase such that it is able to bear more than 10,000 transactions per seconds. This is the plan the team has and has already been set in motion, Euclideum is going to be the next big thing in the blockchain so i hope you watch out for it. You can get started with it by visiting their website and becoming its member to be a part of the platform.
USEFUL LINKS
Website: https://euclideum.com
Telegram: https://t.me/euclideum_bounty
Twitter: https://twitter.com/euclideum
Facebook: https://www.facebook.com/euclideum.network
ANN: https://bitcointalk.org/index.php?topic=5266231
Whitepaper: https://euclideum.com/whitepaper.pdf
AUTHOR
Bitcointalk Username- Dividesug
Bitcointalk Profile- https://bitcointalk.org/index.php?action=profile;u=2767685;sa=summary