THE UNIQUENESS OF ETHERINC

in #ico6 years ago

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INTRODUCING BLOCKCHAIN TECHNOLOGY AND ETHERINC

Months back, I read on the internet about blockchain smartphones, I showed my friend, then he said, " of a truth, if someone isn't yet informed about blockchain technology and its applications in this current era, then that person is far behind on what the future holds". Well, I was already informed and glad someone is seeing the bigger picture of blockchain technology.
Owing to the decentralized nature of blockchain technology, centralized systems or platforms are put in check. This is because decentralization gives users the power to control their personal data.
It's a well-known fact that the centralized systems can't be trusted, as data can be manipulated etc, thus leading to various challenges and negative effects. These challenges associated with the current centralized systems, platforms or organizations make it ripe for disruption. This disruption can only be carried out by a platform based on blockchain having the team, a platform such as EtherInc.
EtherInc can also be called elnc for short.
elnc is a global platform for decentralized organizations which is based on blockchain technology.

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WHAT MAKES ETHERINC UNIQUE

elnc is a blockchain-based platform where Decentralized Autonomous Organizations (DAOs) will be created. The creation and running of these DAOs will be based on cryptographic proof instead of trust and intermediaries which have been proven to be the bane of centralized systems.
These DAOs created by elnc is a smart contract having predefined protocol known as the elnc protocol, running on EtherInc blockchain with every elnc having a unique name as well as being maintained by elncNS (elnc organizations name service) smart contract.
Furthermore, these DAOs created by elnc can operate borderless, permissionless, democratically and transparently, with the full endorsement of the associated shareholders while removing trusted third-parties and costly intermediaries. With these, the problems existing in the classic organizations are taken care of. Problems such as;
a. Lack of trust in ICOs due to increasing scams,
b. Complexities associated with setting up as well as running of a classic organization,
c. Corruption and dictatorship eating deep in the heart of classic organizations,
d. Collaborators not trusting each other when it comes to money, etc.
elnc offers: dApps (platforms), dOrgs ( utility) and dMoney ( cryptocurrency).
The elnc platform is certainly the first live blockchain to create as well as run DAOs with the goal of replacing the traditional organization with elnc organizations. The image below explains more;

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ETHERINC PLATFORM

Etherlnc platform has five layers;

  1. Etherlnc blockchain: This blockchain is a fork of Ethereum blockchain which occurred on block 5068585. The coins thereof known as ETI are the driving force of EtherInc and also used for payment of transaction fees.
  2. Etherlnc Protocol: This is a P2P (peer-to-peer) communication occurring between nodes processing elnc clients run using elnc protocol.
  3. elnc dOrg and Utility dApps: By utilizing elnc dOrg, users can create and also implement DAOs on the elnc framework. On the other hand, users can also make use of other utility dApps or create theirs on top of the Utility dApps.
  4. Web3.js: This is a collection of libraries where users will have the opportunity to communicate with elnc blockchain node (local or remote).
  5. elnc UI: This is known as elnc Organization Explorer (etherinc.org). It allows users to perform the following;
    a. Manege elnc,
    b. Create proposals,
    c. Take actions on elnc Organization,
    d. Keep records of all associated transactions.

Attributes of EtherInc Platform
a. Etherlnc platform ensures a trusted, resilient and democratic DAOs on the blockchain. Thus, proposals, voting and consensus, transparency, unique elnc names etc, is achieved.
b. Election security made possible with blockchain as votes are secured, transparent and impossible to alter.
c. Cheaper and faster dApps than those created on Ethereum blockchain. elnc makes this possible through enhancement of Ethereum blockchain as well as having all capabilities of Ethereum blockchain.

TOKEN INFORMATION

Etherlnc's token ETI has a maximum supply of 997,528,142 and is based in EtherInc blockchain.
Uses of ETI is explained in the image below;

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Information on Initial Coin Offering (ICO)

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CONCLUSION

Etherlnc aims to create an alternative protocol (elnc protocol) which will be used for running DAOs, building dApps thus presenting well concise and different set of trade-offs.
This trade-off comes handy in the large class of dApps, where great importance is laid on efficient and faster development time, security of small applications and the power of different applications to freely Interact.
elnc offers DAOs which is;
a. Decentralized,
b. Democratized, and
c. Dis-intermediated, thus it's uniqueness in all ramifications.

ETHERINC FOUNDERS

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ETHERINC ADVISORS

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ETHERINC PARTNERS

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USEFUL LINKS

Website: https://einc.io/

Twitter: https://twitter.com/eIncHQ

Telegram Group: https://t.me/eincHQ

Medium: https://medium.com/einc

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

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

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

Whitepaper: https://cdn.einc.io/assets/files/einc_whitepaper.pdf

EtherInc ANN Thread: https://bitcointalk.org/index.php?topic=3084491

Author's Bitcointalk Username: Flezy

Author's Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2187485

Etherlnc Wallet Address: 0x250D966eb813A46016Ff0fdEfE1abEE97C58C033

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