ETHEREUM CLASSIC VISION: FORK 3: 1 OF ETHEREUM

in #cryptocurrency5 years ago

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It was a thing of joy when cryptocurrency got introduced into the world, offering a faster and better means of transaction at the comfort of your home with so much speed. This led to its rapid adoption which we saw in late 2017 with the enormous increase in the market. Even though cryptocurrency has so much to offer, it is still at its infant stage and so many improvements are needed for it to be adopted fully by investors. Recently after the enormous growth of ccryptocurrencies in 2017, the market was faced with issues which led to the fall in prices, fall in mining rewards, low transaction processing time and also solutions for scaling issues and energy efficiencies are yet to be implemented. This was indeed something the world didn’t expect as we all thought there will be an economy fundamental shift as the world will become more decentralized. Recently a team took out time to analyze the cryptocurrency world critically and was able to detect all the issues which the crypto world faces. These issues include scaling (as ethereum can only process 15 transactions per second currently with long backlogs of transactions often forming in the network), difficult bomb (a special piece of code which was introduced into Ethereum making it tougher and less efficient in the production of new blocks), centralization, rental storage fees and declining rewards (as it is discovered there has been a drastic decrease in miners’ reward for the past year as a result of rising complexity, slump in cryptocurrency prices and excessive control acquired by large mining pools.
This team who took out time to critically analyze the cryptocurrency world and pin pointing the issues which it faces currently put their years of experience together and in an attempt to offer an amazing long lasting relationship, came up a unique idea never seen in the world before called ETHEREUM CLASSIC VISION. The Ethereum Classic Vision is a hard fork of Ethereum through which the beat of both worlds will be leveraged, Ethereum Classic true decentralization and cutting-edge protocols which is developed for ETH like PoS mining and sharding. Ethereum Classic Vision has a great potential, amazing rewards for miners and great speed. This is indeed the solution to the issues which the current cryptocurrency world faces. There will be a hard fork on the 11TH of January 2019, during which all Ethereum holders will get to receive 3 ETCV for every ETH they posse in the personal wallets.
Ethereum Classic Vision has been built as an advanced, easy-to-scale, fast, highly decentralized system. Initially, the Ethereum Classic Vision platform will be launched with PoW and then switched to PoS.
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BENEFITS OF ETH PROOF-OF-STAKE
• Stability
• Real decentralization
• Fair distribution of rewards
• Security
• Resource efficiency. See whitepaper for more details, view here https://ethereumcv.io/whitepaper.pdf
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UNIQUE FEATURES OF THE ETHEREUM CLASSIC VISION PROJECT
This project has so much to offer as it has been critically analyzed and planned to render long lasting solution to all issues faced in the cryptocurrency world. The features which the project has that other project lack include;
• VisionDEX (decentralized exchange)
• Platform for decentralized application development
• Sharding
• IPFS data storage integration. Please visit the whitepaper for more information, https://ethereumcv.io/whitepaper.pdf

REASONS WHY THE WORLD NEEDS ETHEREUM CLASSIC VISION
For a truly successful blockchain there must exist three compulsory features including decentralization, scalability and security. Some of the unique features Ethereum Classic Vision posses include;
Fair Rewards: with ETCV everyone is happy as miner and trader have no fear about rewards being lowered as the interest of both will be balanced.
No Rental Storage Fee: to launch a smart contract, a one-time fee will be incurred.
Proof-of-Stake: Ethereum Classic Vision uses a more efficient, secure and profitable mining protocol which will keep the network fully decentralized.
IPFS integration: Ethereum Classic Vision offers cheap decentralized file storage for dAPP.
Sharding: ETCV has the ability to process 25000+ transactions per second when compared to ETH which can process 25 per second.

ROADMAP
Q3-4 2018: ETH hard fork ideation & development; formation of the team; negotiation with and signing up first advisors.
January 11, 2019: Snapshot of the ETH network & 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 bard specializing in sharding and decentralized storage system based on IPFS; testing the PoS consenusu 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 provides, 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 2020: 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 the dApps developed outside of EVM (NEO, EOS Lisk, Stratis).
Q4 2020: Integration of a zero-code, drag-and-drop dApp development module.
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Be part of the Ethereum Classic Vision project today as there is so much to benefit from it. For more information about the amazing Ethereum Classic Vision project please visit the website and whitepaper. Also stay connected with the team and other participants across the globe through the different Ethereum Classic Vision social media platform links whose links are provided below;
Website: https://ethereumcv.io/#subscribe
Whitepaper: https://ethereumcv.io/whitepaper.pdf
Twitter: https://twitter.com/eth_cv
Telegram: https://t.me/ethereum_classic_vision
Github: https://github.com/ethereumclassicvision
Ann Thread: https://bitcointalk.org/index.php?topic=5089443.0
Written By: teejayrichard
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=1265803
Wallet Address: 0x937fe2c8bd616344a9Be33fDEC04D6F15f53c20F

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