EcoVerse FRAMEWORK (ICO 2018) - THE FIRST EVER SELF SUSTAINABLE BLOCKCHAIN PLATFORM FOR DAILY USABILITY EMBRACING UBUNTU ECONOMY

sky10net (7)in #sky10net • 6 years ago

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I welcome you all once again to this Wonderful CRYPTOCURRENCY ARENA BLOG, as usual ! all of you know's, I always carry you along with any information about good crypto related projects through my blog.

According to the main purpose or fixed design of this article , I will be presenting you a brief introduction about cryptocurrency

PRESENTATION: A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies are a kind of alternative currency and digital currency (of which virtual currency is a subset). Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.

The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.

Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency. Since the release of Bitcoin, over 4,000 altcoins (alternative variants of Bitcoin, or other cryptocurrencies) have been created.

In 1983 the American cryptographer David Chaum conceived an anonymous cryptographic electronic money called ecash. Later, in 1995, he implemented it through Digicash, an early form of cryptographic electronic payments which required user software in order to withdraw notes from a bank and designate specific encrypted keys before it can be sent to a recipient. This allowed the digital currency to be untraceable by the issuing bank, the government, or a third party.

In 1996 the NSA published a paper entitled How to Make a Mint: the Cryptography of Anonymous Electronic Cash, describing a Cryptocurrency system first publishing it in a MIT mailing list and later in 1997.

According to the purpose or fixed design of this article, Today! We will be discussing or analysing about a particular amazing project called: ECOVERSE

WHAT IS ECOVERSE?

EcoVerse is the first ever self-sustainable platform using AI-DPOC (Artificial Intelligence supported Delegated Proof of Contribution).

EcoVerse solves daily usability and universal adoption by improving transaction times, security, and interconnectivity. The platform boasts up to a million Transactions Per Second in a lab setting; the goal of hundreds of thousands in real-use. TFT at 2 seconds. To create complex decentralized applications with an advanced array of templates on EcoVerse; As usable as fiat and credit cards, EcoVerse supports a two coin system that answers both the need for privacy and KYC/AML regulation and allows for a stable currency, optimal for for the needs of e-commerce, and a utility coin growing in value.

On the other hand

EcoVerse is an incentive compatible platform using AI-DPOC (Artificial Intelligence supported Delegate Proof of Contribution). The EcoVerse team designed the ecosystem to attract dApps equipped with a variety of services. EcoVerse's mission is to design a cryptocurrency that people will be able to use in their day-to-day lives, as conveniently as a credit card. To prevent hackings and attacks, EcoVerse is designed with a series of protection mechanisms ranging from artificial intelligence to pure human power. ECR tokens will be issued to optimize the value, to provide veronimity, and to maintain the value by keeping the quantity of issuance determined by a mathematical model.

ABOUT ECOVERSE

EcoVerse is the first ever self-sustaining ecosystem based on a blockchain network developed for daily usability and universal applicability. It is capable of handling millions of transactions per seconds (TPS) with a less than two second transaction finality time (TFT).

Our objective is to create a cryptocurrency environment in which individuals are offered: Equitable opportunities, Contributions justly valued, Rewards properly distributed, All decisions made democratically, Accumulation of wealth with integrity.

EcoVerse is self-sustainable because it is incentive compatible. The EcoVerse team designed the ecosystem to attract dApps equipped with a variety of services. By taking a sociopsychological approach indebted to Spiral Dynamics and Integral Theory, the EcoVerse allows individuals to pursue fulfillment and the desires of human nature--for example, selfesteem and self-actualization. The EcoVerse team envisions an economic ecosystem such that the individual’s pursuit in fulfilling their desires will also prompt “goodwill”. We define “goodwill” as the capacity for human empathy and compassion towards others. Goodwill will also promote and proliferate various forms of “good” economies--including a gift economy and value-sharing economy.

Ultimately, the EcoVerse team seeks to build a new self-sustainable economic ecosystem that will contribute to the prosperity of human society and posterity of future ecosystems.

ECOVERSE ROADMAP