ETHEREUM CLASSIC VISION The most popular and widely used centralized cryptocurrency exchanges have gained significant influence in recent years. Centralized exchanges control the authority to create or destroy blockchain projects, and as a rule, they are the only enterprises that remain profitable, regardless of the level of volatility and instability with which is facing the market of cryptocurrency.
The immense wealth and influence of centralized exchanges have led to serious unethical acts of market manipulation and exploitation, which underline the reasons why decentralized exchanges are needed now more than ever.
Shocking information was disclosed by a crypto-trader named Sylvain Ribes, where he believes that much more than 3 billion dollars from the volume of all crypto-assets fabricated and unrealistic, and that Okex, which is the number one exchange by volume rating, is the main violator with up to 93% of its volume is counterfeit.
In addition, another trader points to the alarming fact that the NASDAQ stock exchange charges less than US $200 000 per listing of mega-companies, while many centralized cryptocobiirs try to charge more than USD 500 000 per listing.
Influential cryptocurrency and many other people on the internet begin to tell different bad stories about how centralized exchanges work as corrupt as any ordinary centralized organizations that have too much Power and influence, if not controlled.
Since blockchain is almost constant and permanent, if you can run a program in a blockchain, such as Ethereum, and not in a common distributed book, we can get many advantages. First, you can trust your code on Ethereum.
The code that runs on a regular server does not know exactly what is happening on the real server. If all the code and the steps are visible to the blockchain members, users will be able to trust the service. Second, stored code and data remain “almost” forever. For this reason, it can be used as a persistent data store that should not be modulated.
Currently, the Ethereum ecosystem is the best place to create a decentralized application; ETHEREUM CLASSIC VISION It has excellent documentation and user-friendly interface, fast development time, security for small applications and the ability of applications developed on the Ethereum blockchain, easy
Interact with each other.
Ethereum actually has programming languages such as Solidity and Serpent, and the program can be implemented using these languages. Once the program is compiled, it is converted to bytecode, and there is an operation code that corresponds to the bytecode. One more interesting thing is the full computational ability of Turing.
ETHEREUM CLASSIC VISION Ethereum unstable. The Ethereum code has a built-in “complexity bomb”, a piece of code that reduces the efficiency of mining new blocks until the verification process completely stops. None of the proposals for improvement offers a real solution, and until the promised transition to the mechanism of checking rates is still far. Rewards for miners will be lowered, and a rental fee will be introduced for smart contracts. Giant mining pools will get more and more energy, and individual mining loses economic sense. ETH has failed its supporters-and the price will continue to fall.
End of Ethereum Classic
The key development team of Ethereum Classic (ETC) has abandoned the project due to lack of funding. The original decentralized cryptocurrency cannot be saved-it’s time for the hard fork.
Ethereum Classic Vision (ETCV)
Ethereum Classic Vision (ETCV) is present to solve the above-mentioned problems.
Ethereum Classic Vision (ETCV) is a new cryptocurrency designed to bridge the gap between hope and reality. Hard fork Ethereum, he will use the most advanced solutions proposed for the second-largest digital currency in the world, while still maintaining the ideals of decentralization.
Ethereum Classic Vision (ETCV) is a combination of the three functions that a truly successful blockchain should have: decentralization, scalability, and security. In addition, ETCV offers a range of significant advantages over ETH, etc and BTC:
* * Proof-of-Stake * *
A more efficient, secure and profitable mining protocol that will ensure complete network decentralization.
Ethereum Benefits for checking rates
Sharding will be able to handle more than 25 000 transactions per second compared to 25 in ETH.
2-Lack of the rental fee for storage. When
A minimum one-time fee is charged for starting a smart contract; An unused contract may be placed in a state of temporary sleep as a result of a vote.
ETCV miners should not worry that their reward will be arbitrarily reduced-in our system the interests of miners and traders are carefully balanced.
4-Integration with IPFs
Cheap decentralized file storage for your dapp.
Ethereum Network Snapshot and distribution
ETHEREUM CLASSIC VISION (ETCV) will be distributed free of charge after a snapshot of the Ethereum network, scheduled for January 11, 2019 (20:00 GMT).
Each user’s wallet found (Jaxx, Coinomi, Myetherwallet, Ledger Nano, etc.) contains Ethereum coins in his current personal wallet.
Images will receive free coins Ethereum Classic Vision in the ratio 3:1 (Users who have ETH in the Exchange purse, can not claim prizes). After the photo is completed, ETH owners will be able to transfer it to exchange, sell or exchange it. The number of free ETCV sent to ETH owners depends only on how many coins they have at the time of the shooting-not before or after.
So, for now, make sure you keep Ethereum in your personal wallet and get a free ETCV with a ratio of 1:3 after Hard-Fork. Do not miss this opportunity.
Hard fork Ethereum – Ethereum Classic Vision – 11.01.19
DETAIL INFORMATION :
ANN : https://bitcointalk.org/index.php?topic=5089443.0
Twitter : https://twitter.com/eth_cv
Github : https://github.com/ethereumclassicvision
My Ethereum Address: