Ethereum Next will promote the principles of decentralization

Hello, crypto and the beloved blockchain Today I will explain The Blockchain Ethereum Next a brand-new cryptocurrency that is designed with one major goal in mind: making blockchain technology more accessible and easy to use for everyone, see well, take a little your time.

Summary

The global blockchain market is anticipated to grow to over $60 billion by 2024 as more companies adopt distributed ledger technology and mass-use cases appear. Very much still in the infancy stage, blockchain technology is currently being explored and adopted by global industry titans such as IBM and Softbank. Additionally, thousands of innovative companies around the world are trying to solve market inefficiencies by leveraging the benefits that blockchain technology provides. These companies can be found in every industry, from content creation and transportation to financial services.

The blockchain ecosystem flourishes due to tokenized economies, developers, service providers and entrepreneurs who are breaking the mold. Here are 10 companies on my radar using blockchain technology as a core piece of their business to make a difference. Residing underneath all the cryptocurrency hype is a very important question that could determine which coin will see the most capital inflows and growth as a legitimate tool for worldwide use. If you’ve done any research on consensus, or even just followed cryptocurrencies for the last couple of years, you are more than likely familiar with the following two ways to reach block verification consensus:

Proof of Work — POW

Proof of Stake — POS

Each has its advantages over the other, but does one really lead to a “better” decentralized network? Indeed, it may be the case that regardless of the method for consensus, neither model may lead to a more effective, or even truly, decentralized network at all.

Ethereum Next Introduction

Ethereum Next is a brand-new cryptocurrency that is designed with one major goal in mind: making blockchain technology more accessible and easy to use for everyone. Ethereum Next leverages the latest innovations in the crypto space with a very practical approach, prioritizing those solutions that can speed up mass adoption.

Ethereum Next will promote the principles of decentralization thanks to its gradual transition to Proof-of-Stake mining and the introduction of a handy universal voting tool. The project will make sure that individual CPU and GPU miners remain competitive. Thanks to the voting procedure, all the coin holders – and not just a small group of core developers or block producers – will be able to vote on major decisions, updates, and new features. The staking system will be fully integrated into the ecosystem. Thanks to the same stake, a user will be able to profit from PoS mining, execute trades on the exchange and convert cryptocurrency inside the wallet, or obtain bandwidth to deploy a smart contract. The size of the stake will determine the weight of the user’s vote. Those users who don’t want to stake coins will still be able to to trade and perform other transaction, but they will be charged a fee. The possibility to choose between making a stake or paying a fee will be an additional advantage for Ethereum Next users.

The NEXT dApp platform: building a new home for dApps with real value

The existing dApp platforms are in their infant stage, and it’s in this area that Ethereum Next plans to make the biggest impact.

Next Exchange – a next-generation hybrid exchange

The ecosystem of Ethereum Next will include not only an dApp platform but also a proprietary cryptocurrency exchange. Its unique feature will be a hybrid architecture, combining the best qualities of centralized and decentralized exchanges.

dApp platform

– A highly practical approach with a focus on easy exchange and fast dApp development;

– A dApp platform that will prioritize applications of real value;

– A voting mechanism to select dApps that will receive financial support from the Ethereum Next foundation;

Matching system

– Full segregation of client funds and a fast off-chain order matching system;

– A relay system to speed up order placement and execution of orders;

– Possibility to choose between making a stake or paying transaction fees;

Virtual machine

New WASM-based virtual machine – a sandboxed runtime environemnt that will allow to execute dApp code at a speed close to native code;

Hybrid exchange

– A hybrid exchange that combines the speed of centralized exchanges with user security and control of DEXes;

Mining

– An expedited transition to Proof-of-Stake mining;

– Maximized profitability for CPU and GPU miners;

– Full integration of the staking system into all modules – mining, exchange, and dApp development;

Transaction fees

– Democratic – all ENEXT holders will be able to vote on updates and new features, with votes weighted according to the size of the stake;

– Payment of transaction fees in the currency of one’s choice;

– No gas fees for deployment – necessary bandwidth is provided based on the stake size;

Toolkit

– Support of different coding languages: Solidity, Rust, Go, Vyper, C, C , Python, and others;

– A comprehensive testing and debugging toolkit;

– Fast, secure and versatile wallets integrated with the hybrid exchange and dApp platform;

– Free initial distribution of ENEXT coins to all ETH holders.

Wallet

In order to claim their free coins, users will need to register on the official Ethereum Next wallet of the project; after that, the ENEXT coins will be automatically added to their wallet. The amount to be sent will be calculated based on the amount of ether the user has, and that value will be obtained from a general snapshot of the Ethereum network. We will conduct a snapshot on July 15, 2019, 16:00 GMT.

Wallet release!

Check balance now – https://enextwallet.com/

All ETH holders will be entitled to free ENEXT coins at a 1:2 ratio.

You can ask any question support: https://t.me/enextofficial

Аll ENEXT holders will be able to vote on updates and new features, with votes weighted according to the size of the stake;

– Payment of transaction fees in the currency of one’s choice;

– No gas fees for deployment – necessary bandwidth is provided based on the stake size;

ROADMAP

An innovative project which is gaining huge momentum in the near future will be one of the most successful projects ! This is a very cool and innovative project. I am glad that this project brings such a revolution. When the world develops, things get better. It is interesting to observe and be a part of such projects. This is a project that should improve the reputation of our crypto projects in the world market. Excellent service and convenient interface and wide functionality with great prospects.

Please read the project documentation. After that, you will join the project, as I did. Analytical reports only confirm the huge benefit of this idea!

More info

ENext Ecosystem:

Website — https://ethereum-next.com/

ANN — https://bitcointalk.org/index.php?topic=5159938.0

Wallet — https://enextwallet.com/

Whitepaper — https://ethereum-next.com/wp.pdf

Github — https://github.com/ethereumnext

Twitter — https://twitter.com/enext_coin

Telegram — https://t.me/enextofficial

Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.

Authorship

-Bitcointalk name: danilelsi

-ERC-20 ETH address: 0x1f235A06D30d30F59a17FB0244937158e9Ed721E

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Comments: 5Publics: 57Registration: 11-04-2019
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