EtherInc Remodels the Ethereum Network For Efficient Blockchain Operations

The Ethereum blockchain has become the most widely adopted piece of technology in the blockchain world and many technology specialist have wondered why. Could it be it's seamless ability to allow creation of Decentralized Organizations and decentralized apps or its ability to process large scale of transactions in minutes. This and many more are the answers. But as time passes by and increase in popularity and adoption, more problems began to emanate. These problems are;

• Little Bandwidth to run complex DAOs
• Clogged network which leads to high gas prices it transaction fees on the network
• Compromising scalability solutions
• Poor interoperability between blockchains due to proof of stake algorithm.

Is There A Need For A Fork

Startup and DAOs needing the Ethereum network to run their various businesses have faced various difficulties and these challenges demand solutions. Einc which started as a Dapp has developed into an alternative protocol for running decentralized organizations and building decentralized applications to provide a different set of trade-offs which can be utilized by large scale decentralized applications(DAPPs) with clear focus on

• Secure and swift development time for small and scarcely used applications.
• The efficient interoperability of different and various applications on the blockchain.
• Scalability
• Security

How Will This Be Achieved?

With multiple experience and technical know-how in the blockchain business, Etherinc will achieve the objective of providing a "" by building what is essentially the ultimate abstract
foundational layer: a Blockchain with a built-in Turing-complete programming language​ which can allow anyone to write smart contracts and decentralized applications where they can create their own arbitrary rules for ownership, transaction formats, and state transition
functions. A bare-bones version of Namecoin can be developed by writing two lines of code, and other protocols like currencies and reputation systems can be built in under twenty.
Smart contracts, cryptographic "boxes" that contain value and unlock only if certain conditions are met, can also be built on top of the platform, with more power than that offered by Bitcoin scripting because of the added powers of Turing-completeness, value-awareness, Blockchain-awareness, and state.

EtherInc Fork Details

EtherInc Blockchain was created as a fork of the Ethereum Blockchain, with replay protection,
and hence, has all the capabilities of the Ethereum Blockchain with some of our own
enhancements, and powerful inbuilt dApps that run on this Blockchain.
We improved the Ethereum Blockchain in the following ways:
●Reduced block time from 15s to 6s which improved:
o Network transaction per second by 2.5x
o Transaction confirmation speed by 2.5x
o Miner reward by 2.5x
●Removed uncle reward
●Implemented finite supply for mineable coins

Wallet

eInc offers two wallet options by forking existing open-source code of MEW (MyEtherWallet)
and MetaMask. We implemented EtherInc Blockchain configuration and launched a web
wallet (https://wallet.einc.io) and a chrome-based browser extension eIncMeta
(https://chrome.google.com/webstore/detail/eincmeta/lghmfnfghfcjoblchpmlghkigcgakoag),
eInc chose to use the open source code of MEW and Metamask because users already know
how to interact with MEW and MetaMask and they do not need to get accustomed to a new
software in order to send/receive ETI.

Token Economics

Roadmap

Kindly Visit The Links Below To Learn More:

Website: https://einc.io

White Paper: https://cdn.einc.io/assets/files/einc_whitepaper.pdf

Bitcointalk: https://bitcointalk.org/index.php?topic=3780435

Facebook: https://www.facebook.com/eincofficial/

Twitter: https://twitter.com/eIncHQ

Medium: https://medium.com /

Reddit: https://www.reddit.com/r/eincofficial/

GitHub: https://github.com/etherinc/

My Bitcointalk Username: Nwankwobtt

My bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1811995