EcoVerse

sergey1301 (29)in #ecoverse • 6 years ago (edited)

AI-DPoC: is the Consensus algorithm used by the EcoVerse™ platform, similar to the DPoS used by EOS. In DPoS, a small number of individuals with high investment and sufficient computing ability are elected to produce blocks, and get incentives for it. However, just like many consensus algorithms, DPoS has many problems such as the unfair distribution of wealth, the possible collusion due to power centralization, and the vulnerability to network attacks.
Cryptocurrency Revolution Manifesto: People in the cyberspace appears selfish. Many cryptocurrency designers seem to believe human nature to be fundamentally selfish. They have attempted to control the selfishness. Contrary to this, we at the EcoVerse™ team believe human nature is not selfish. The selfishness is revealed not because it is the nature, but because the environment in situ. We believe that the cyber world can be both trustworthy and friendly. The EcoVerse™ ecosystem proposed in this project will foster the good desire of people. It is committed to liberating individuals in the pursuit of freedom and desire, and strives for a just and fair society. In the society, Gift Economy and Value-Sharing Economy will prevail. To facilitate the emergence of the ecosystem, two technical challenges will be resolved: daily usability and universal applicability. In response to these challenges, we will develop and build an EcoVerse™ blockchain platform that will enable an economic system based on the belief that people have the goodwill to bring justice and fairness to the society they live in.
We have two coins: ECX and ECR. ECX is a private tethered coin focusing on value stability for transactions between dApps within the ecosystem and small payments in everyday life. As we've reviewed the barrier for most e-commerce entrants into the block-chain space, price volatility had been an issue hindering mass adoption. This is the only logical step to have the same functionality as fiat, as there is no way to buy items with fiat on a blockchain platform. ECR is a public utility token for interchange among ledgers. Also ECR allows to set the exchange rate for service use and payment transaction to Bitcoin, Ethereum and other blockchains.
Prelude to Revolution: A call for revolution will always remain a futile slogan if it originates solely from ethics, morals, and/or political responsibilities - its objectives cannot come to fruition. Yet if this call for revolution evolves from the burning desire of the ordinary man desperately trying to find paths of achievement, it will transform itself from empty slogans into a tangible reality. More recently, a revolution has emerged - one that many believe could fulfill the desperate and burning desires of millions of people all over the world. It is a new economic system. Those who are accustomed to past traditional systems have scorned the new system for fraud, attempting to stamp out the fire of revolution. Such attempts were made only in vain, fanning the steady flames of innovation and creativity. Today, we recognize this era of financial technology as the decentralized blockchain cryptocurrency revolution
Freedom of Grassroots Economy through Implementation of Shared Economy: We propose to achieve with the cryptocurrency revolution is a true grassroots shared economy based on freedom and goodwill. The so-called 'shared economy' nowadays is disguised: it is centralized, and in reality nothing is shared. The disguise directs profits earned by all the participants to a small number of elites. We seek to change the disguised shared economy to return it to its true meaning: the door is opened for everyone to participate and a "fair-share contribution" is applied. The values produced from goods and services will flow throughout the ecosystem. Ultimately, building the ecosystem of coexistence and co-prosperity is the pursuit of the grassroots economic revolution
In AI-DPoC: to resolve these problems from the start, blocks are not created directly by participants, rather they are created automatically by the nodes which are provided by the Foundation, and parliaments will be formed and involved according to contribution. They will be vespousible to manage for the nodes to operate smoothly and receive rewards in return. At this time, most of the processes including block generation are performed automatically. AI techniques are used to detect and respond to abnormal situations such as hacking, system faults, and network fragmentation.
The EcoVerse: platform provides not only a blockchain ecosystem, but an environment where cryptocurrency can be used in daily life. It also provides a template-based development environment to develop apps with ease, such
as creating a home page.
Completion of Revolution and the Nomadism of Innovation: We understand human nature: once a desire is fulfilled, he/she pursues another desire. To accommodate this desire for fulfillment, we will constantly explore and innovate ideas where new desires will forge our future so that we become permanently nomadic in the revolution. By addressing these two challenges that no one has yet solved, the EcoVerse™ Blockchain Project will be the crown jewel of the cryptocurrency revolution, first started with Bitcoin by Satoshi Nakamoto. First, daily usability: People must be able to use cryptocurrency as payment in their daily lives without limitation, just like legal tender. An ecosystem for daily use is a 'must'. Let's complete the cryptocurrency revolution by building a EcoVerse™ ecosystem together. Join us today!
It is just the Cryptocurrency Economy: The economic troubles ordinary people experience stem from the monopolized currency-issuing power, and the international speculative financing capital linked to its heart. More recently, the blockchain-based cryptocurrency has been born against the monopolized money-issuing power. It attempts to disintegrate the monopoly power from the root and revolutionize the currency system that is both unjust and unfair
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