ETHEREUM BASIC: BRINGING AN END TO ETHEREUM CHALLENGES.
Presently, there are so many challenges faced by users of Ethereum network which is acting as barrier to efficiency on the network. Miners have been suffering in silence, the block becomes in expandable and reward reduced, transaction fees remain high, even as efficiency of Ethereum network and the so called Decentralization have become a mirage because the blockchain is controlled and managed by a selected few authorities. These challenges according to experts will linger for a long time if a serious attention is not given to salvage Ethereum network. This is the reason for the creation of a new cryptocurrency called Ethereum Basic.
THE GOOD NEWS ABOUT ETHEREUM BASIC
Etherum basic is created with so many distinctive features that will give cryptocurrency enthusiasts a great experience in terms of high speed of transactions, reduced transaction fees, expandable network, Decentralized management and a great reward structure .The team have also designed the platform in such a way that they carry Ethereum basic holders who make up the community along in making decisions that will affect the growth and development of the coin and its operations.
ETHEREUM BASIC IS DIFFERENT
Interestingly, Ethereum basic is created with numerous features that make it to stand out from other already existing coins.
- Ethereum basic is designed with a scaling network capacity with the use of off chain and on chain solutions.
- Forcing miners to accept upgrades will be a thing of the past as Etherum Basic is designed to help remove completely what has been termed “difficult Bomb” on ethereum network and making miners to enjoy freedom and reward.
- With Ethereum basic, there will be opportunity for all community members (stake holders) to contribute their ideas in major decisions on the Network, example, in voting for a coin to be listed on the XDEX Exchange that will be created later by Ethereum Basic., by deciding whether to increase or reduce incentives , to decide whether to carry out an upgrade or not and other important decisions concerning Ethereum Basic coin . With these in place, the voting system which has been abandoned by Ethereum network where only selected persons take decisions and forcefully impose it on miners and other stake holders, thereby making a blockchain that is supposed to be decentralized to almost function in a centralized manner. Ethereum Basic is therefore the network for the next generation where miners will enjoy a meaningful reward, users of the coin will enjoy low transaction and gas fees, effective and efficient management of the network.
SNAPSHOT AND COIN DETAILS
Ethereum basic team is planning a snapshot of the Ethereum network on the 16th of May 2019, time: 16:00 GMT and Etherum basic main network will be launched on the 26th of May 2019, time 16: 00 GMT. There will be free distribution of ETBC to every holder of ETH in the ratio of 1 Eth: 1 ETBC( 1:1). This snapshot will not support Exchanges, meaning that anyone having Eth stored in an Exchange will not receive the free ETBC. Therefore, everyone who intends to be part of this airdrop must withdraw all Eth to personal Eth wallet. Bounty hunters who help in promoting Ethereum Basic will also receive some ETBC at the end of the campaign. Remember the date for the snap shot and store more Eth in your wallet to receive More ETBC do not miss this opportunity.
ETBC WALLET
Presently there are about four different types of wallet available for ETBC you can get them through these links:
- MAC OS wallet: https://etbcwallet.com/
- Windows wallet: https://etbcwallet.com/
3 Linux Wallet: https://etbcwallet.com/ - Web wallet: https://etbcwallet.com/
Also for further information and updates use these links:
Website: https://ethereum-basic.com/
White paper: https://ethereum-basic.com/whitepaper.pdf
Ann thread: https://bitcointalk.org/index.php?topic=5141077.0
Telegram: https://t.me/EthereumBasic
Twitter: https://twitter.com/EthereumBasic
Author’s btt profile https://bitcointalk.org/index.php?action=profile;u=1760015;sa=summarya8
Author: funex