Ethereum Classic Vision is a Hard Fork of Ethereum
WHAT IS ETHEREUM CLASSIC VISION?
Ethereum Classic Vision is a hard fork of Ethereum that leverages the best of both worlds – true decentralization of Ethereum Classic and cutting-edge protocols developed for ETH, such as PoS mining and sharding. With its immense scaling potential, high speed, and great rewards for miners, Ethereum Classic Vision is the ultimate answer to the current challenges of the market. ETCV snapshot was taken on January 11, ETCV mainnet launch is scheduled for March 21.
Why Ethereum Classic Vision?
Ethereum Classic Vision combines all three features that a truly successful blockchain must have: decentralization, scalability, and security. It offers a number of significant advantages over ETH, ETC, and BTC:
Proof-of-Stake
A more efficient, secure, and profitable mining protocol that will keep the network fully decentralized.
No rental storage fee
Launching a smart contract will incur a minimal one-time fee; unused contract can be placed in temporary sleep state as a result of a vote.
Sharding
ETCV network will be able to process 25000+ transactions per second as compared to just 25 in ETH.
IPFS integration
Cheap decentralized file storage for your dApp.
Fair rewards
ETCV miners do not need to worry that their reward will be arbitrarily lowered – in our system, miner and trader interests are carefully balanced.
ETH proof-of-Stake Advantages
Resource efficiency
Lower costs mean that ETCV mining will be profitable for individual miners with hardware as simple as Raspberry Pi
Stability
ETCV holders earn more coins by staking them, so there is no motive to sell – thus, the price of ETCV will rise steadily instead of plunging
Security
If a block validator breaks the rules or acts maliciously, they lose their staked deposit and status
Real decentralization
There is no risk that gigantic mining pools will take over the control of the ETCV blockchain – it will remain independent from any central authority
The end of ETH Classic
The key developer team behind Ethereum Classic abandoned the project due to lack of funding. The original decentralized cryptocurrency cannot be saved – the time has come for a hard fork.
Ethereum is unsustainable
ETH code has a “difficulty bomb” built into it – a piece of code that decreases the efficiency of mining new blocks, until the validation process stops completely – this is known as the “Ethereum ice age”. None of the improvement proposals offer a real solution – and the promised switch to a Proof-of-Stake mechanism is still years away. Rewards for miners will be lowered and rent fees will be introduced for smart contracts. Giant mining pools will take ever more power, and individual mining will lose economic sense. ETH has failed its supporters – and its price will keep falling.
Roadmap
Q3-4 2018 ETH hard fork ideation & development; formation of the team; negotiation
with and signing up first advisors
Jan 11, 2019 Snapshot of the ETH network
Mar 2, 2019 – Mar 21, 2019 Pre-sale of Ethereum Classic Vision with using stand-in
ERC20 tokens
Mar 21, 2019 Launching ETCV mainnet, exchange of ERC20 pre-sale tokens,
distribution of Ethereum Classic Vision coins
Q1 2019 Introduction of the dApps platform (initially with new dApps residing on the
mainchain and support for migration from Ethereum and Ethereum Classic virtual
machines); establishment of key technological partnerships; listing Ethereum Classic
Vision at a number of major digital exchanges; testing the P2P exchange module
VisionDEX; security audit of VisionDEX smart contracts; expanding the team and
adding more developers; launch of a large-scale marketing campaign.
Q2 2019 Implementation of the P2P decentralized exchange module; onboarding of an
advisory board specializing in sharding and decentralized storage technology; work on
the sharding protocol; development of the decentralized storage system based on IPFS;
testing the PoS consensus protocol; roadshow covering major coding events and
hackathons in Europe and Asia.
Q3 2019 Switch to the PoS consensus protocol; integration of the dApp platform with
VisionDEX; Sharding implementation; testing of the file storage module and the
associated rewards system; attracting advisors from the field of the zero-code movement.
Q4 2019 IPFS integration with rewards for storage space providers, launch of a
marketing campaign for the storage system; establishing partnerships with blockchain
foundations in North America and East Asia; expanding the number of digital exchanges
where Ethereum Classic Vision is listed.
Q1 Beta testing of additional features for VisionDEX (margin lending, limit orders, etc.)
Q2 2020 Integration of new exchange features: stop-loss, limit orders, margin trading;
implementation of a Sidechain Development Kit for the dApp platform
Q3 2020 Implementation of cryptocurrency derivatives trading; introduction of a
migration tool for dApps developed outside of EVM (NEO, EOS, Lisk, Stratis)
Q4 2020 Integration of a zero-code, drag-and-drop dApp development module
For More Information Click Link Bellow:
Hard fork Ethereum – Ethereum Classic Vision
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Whitepaper: https://eth-cv.com/whitepaper.pdf
Website: https://eth-cv.com
My BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1957113
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