ETHEREUM CLASSIC VISION
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Ethereum Classic Vision, 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 has arrived.
“One of the greatest challenges faced by the cryptocurrency industry is its volatility and the fact that the cryptocurrency markets are, unlike mainstream currency markets, a social construct. Just as significantly, all cryptocurrency business is conducted via the internet, placing certain obstacles in the path of documentation. The online nature of cryptocurrency leads many, especially regulators, to remain dubious of its legitimacy and suspicious that it is used primarily for nefarious purposes, such as money-laundering and drug trafficking, to name a few.
This leaves companies that have delved into cryptocurrency with an onerous task: building trust among regulators and customers alike, with the ultimate goal of fostering cryptocurrency’s survival. From a regulatory standpoint, building trust involves not only setting policies and procedures pertaining to the vetting of customers and the handling of cryptocurrency transactions and trades, but also leveraging technology to document and communicate them to the appropriate parties. Earning regulators’ trust also means keeping meticulous records rendered legally defensible by technology. Such records should detail which procedures for vetting customers were followed; when, by whom and in what jurisdiction the vetting took place; and what information was shared with customers at every step of their journey.
On the customer side, records must document the terms of all transactions and the messages conveyed to customers throughout their journey. Records of what customers were told regarding how a company handles its cryptocurrency transactions and any measures it takes to ensure the legitimacy of activities connected with transactions should be maintained as well.”
With that being said, 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.
Now that I have your attention, let’s get right to it.
What exactly is ETHEREUM CLASSIC VISION?
As said earlier, 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.
Ethereum Classic Vision is another mechanized cash that plans to interface this gap of needs and reality. A hard fork of Ethereum, it will use most made strategies proposed for the world’s second-most noteworthy impelled money, then saving the perfect of decentralization.
The undertaking will consolidate such advances asmsharding, P2P resource trade, dApp improvement instruments, and decentralized report aggregating utilizing IPFS. Beginning as a PoW-based structure, it will later offer stable prizes tomtransaction validators in light of the execution of Proof-of-Stake, in the interim making an ideal condition for sending new resources.
Ethereum Classic Vision is an excellent hard fork of Ethereum – another mechanized cash that proposes strong and profitable responses to the emergency in the blockchain business. Ethereum – the world’s driving stage for advancement and relationship of blockchainnapplications – at present breezes up in a noteworthy emergency.
Diverse strategies are proposed, yet none of them have been executed up until this point – and the present course of Ethereum association does not impart much positive thinking for what’s to come. Settling existing issues will take years, and the courses of action themselves can prompt significantly increasingly conspicuous issues down the line.
ABOUT ETHEREUM CLASSIC VISION
Ethereum Classic Vision hardens the majority of the three highlights that an extremely convincing blockchain must have: decentralization, flexibility, and security. It offers diverse fundamental focal concentrations over ETH, ETC, and BTC:Proof-of-Stake
A more efficient, secure, and profitable mining protocol that will keep the network fully decentralized.
Sharding
ETCV network will be able to process 25000+ transactions per second as compared to just 25 in ETH.
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.
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.
IPFS integration
Cheap decentralized file storage for your dApp.
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.
Why Ethereum Classic Vision?
Ethereum Classic Vision combines all three features
must be owned by a truly successful blockchain: decentralization, scalability, and security. This offers a number
significant advantages over ETH, ETC, and BTC:
Note: You must hold ETH in your personal wallet (Jaxx, Coinomi, MyEtherWallet, Ledger Nano, etc.) to get your free ETCV after the fork. Exchange wallet not accepted!
Bonus program
Ethereum Classic Vision hard fork — January 11, 2019
A snapshot of the ETH network will be taken on January 11, 2019. ALL users who hold ETH in their personal wallets at the moment of the snapshot will receive 3 ETCV per each ETH after the fork.
Note: you must hold ETH in your personal wallet (Jaxx, Coinomi, MyEtherWallet, Ledger Nano, etc.) to get your free ETCV after the fork. Exchange wallets are not accepted!
Get Ethereum Classic Vision via Bounty
The bounty is a fantastic opportunity to get ETCV coins for free — even if you don’t have any ether! All you have to do is register for the bounty campaign and choose the type of tasks you enjoy most. Post about Ethereum Classic Vision on Twitter, create video reviews on YouTube, write blog posts and articles and they will reward all your efforts!
ETH network snapshot and distribution
The initial distribution of free Ethereum Classic Vision coins will take place after a snapshot of the ETH network, which is scheduled for January 11, 2019 (20:00 GMT). Taking a network snapshot constitutes a standard practice for cryptocurrency hard forks and produces a list of all blockchain addresses containing a certain coin or token.
Any user who is found to hold Ethereum coins in their private wallet at the moment of the snapshot will receive free Ethereum Classic Vision coins at a 3:1 ratio. For example, a user who holds 100 ETH in a private wallet (such as Coinomi, Jaxx, or Ledger Nano) will be able to claim 300 ETCV for free. It is crucial to stress that only ETH stored in personal wallets (desktop, mobile, or cold storage) are eligible for free ETCV after the hard fork. Users who hold their ETH in exchange wallets cannot claim the reward.
Once the snapshot is completed, ETH holders will be able to dispose of their coins as they wish, including transferring them to an exchange, selling them, or exchanging them. The amount of free ETCV airdropped to ETH holders depends only on how many coins they own at the moment of the snapshot – not before or after it.
WEBSITE : https://ethereumcv.io/#subscribe
WHITE PAPER : https://ethereumcv.io/whitepaper.pdf
ANN : https://bitcointalk.org/index.php?topic=5089443.0
TWITTER : https://twitter.com/eth_cv
GITHUB : https://github.com/ethereumclassicvision
TELEGRAM : https://t.me/ethereum_classic_vision
Ekaterina777
https://bitcointalk.org/index.php?action=profile;u=1762460
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