INTRODUCTION
In the cryptoworld, there was a time when ethereum was all blazing and looking like the hope all the cryptousers ever looked forward to. That was so because there was so much ease it provides for payment, the fees are lower then and it was more reliable than any other network to achieve the same service. But now, the ethereum network has lost its standard and is not as effective with the processes and services it once use to enhance. It is therefore a new normal for people to pay high charges for simple payment transaction, not to mention the transaction speed that is also very slow. Now the solution won't be to wait until something is done just at whenever the Ethereum team choses but to initiate something that would save all blockchain users the difficulties in their transactions through the platform called Euclideum.
WHAT IS EUCLIDEUM ?
This is the platform that would relieve everyone of the pressure that has been mounted on them by the older version of Ethereum. This is a plan to save the community of cryptocurrency users and bring them all to a reasonable way of achieve their results at much more convenient time, faster speed and lesser fee. So rather than resorting to paying the usual $1.5 fee for Ethereum, it can be reduced. This EUCLIDEUM platform came forth as a result of the hard work of some credible developers that came together to make sure the major problems are solved. So they have produced a more practical solution that doesn't require years of waiting for the old Ethereum to change as so many are already anticipating.
THE OPERATIONS OF EUCLIDEUM
EUCLIDEUM has now taken up a feature that is extremely helpful, that is the Proof of stake that serve as the main consensus. This PoS structure will enable staking and will ensure that the main objectives of the Euclid platform is achieved. So this will make users able to launch their respective nodes with little fees compared to what Ethereum platform would require. However, not all users might eventually be interested in lauching nodes. Those class of users will make use of their ECL coins, delegate them as they ought to and then have their rewards just like those who stake their too will have. The blockchain has made it realistic to have all the useful features present to enhance the process and also boost the reward system. This is more like the blue print that would set many investors and traders into full operation with Euclid. Launching the platform will make it have such an expanded processing capacity of circa 100tps.
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CONCLUSION
While using the Euclid platform, the block time to will be reduced of 10 seconds instead of the minutes that is required for Ethereum. This is a lot more acceptable way of doing things, making transactions faster, cheaper and safer for what it's worth because that is what really matters to the users. With this platform, many more users will become very interested in the blockchain and will get along so effortlessly.
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
AUTHORS DETAILS
Bitcointalk Username- Heroalt
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2768763;sa=summary