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Ethereum Classic Vision: The Answer of Cryptocurrency Industry

Ethereum Classic Vision: The Answer of Cryptocurrency Industry

Offering convenience from blockchain technology currently has been tempting the public. Blockchain which declared itself to be the most significant discovery in the history of the internet provides a system that is more instant, efficient and transparent with a decentralized system. Indeed, this is a good signal for the world that there are no boundaries for all business transactions that occur. Running a business without an intermediary when a transaction occurs is a tempting offer — transactions that occur instantaneously and for free where there is no need for banks and other authorities as intermediaries and are carried out based on an agreement by both parties. There is no need to be afraid of fraud, and the account is hacked or modified because the transaction does not depend on one server. Moreover, all transactions that have been recorded and stored cannot be replaced or falsified.

Cryptocurrency is one of the results of a blockchain representation known to the public whose effects can be directly felt by humans. Two thousand seventeen is the year when ordinary people are aware of the term cryptocurrency because of Ramsonware wanna cry hacking cases that attack computer systems, lock all data in the computer and request ransom in the form of cryptocurrency. However, many people also have begun to be aware and interested in cryptocurrency because it was used as an investment tool and even payment. Moreover, cryptocurrency security technology cannot be falsified because it is a development of information and financial exchanges online. Digital currencies differ from conventional currencies. Conventional currencies use a centralized system, and there are intermediaries when transactions while digital currencies use a decentralized system. Currently, there is more than 500 cryptocurrency present in the world.

Two thousand eighteen became a year that was very unwanted by cryptocurrency market players. It could be that the year was the most challenging year as long as they struggled with the world of cryptocurrency. The price of Ethereum and bitcoin reached its weakest point during their journey. In September 2017 the price of 1 bitcoin touched the cost of 55 million. It indeed becomes a warning for cryptocurrency actors considering the weak prices caused by unbalanced supply and demand. Low transaction processing times, rewards for falling miners, and suggested solutions for changing difficult situations are far from being implemented. Though blockchain technology itself has become a hope for many people to help make the world a more efficient, borderless cross-border and world transaction.

Ethereum Classic Vision is the answer to the current cryptocurrency world problem. Ethereum Classic Vision is a new cryptocurrency intended to realize the benefits of using the blockchain system. Utilizing the second best in the world is true decentralization of Ethereum Classis and the advanced protocol developed by ETH. With the aim of becoming a connector of hope and reality. Ethereum Classic Vision is the right choice because it combines three features that must exist in blockchain technology, namely decentralization, scalability, and security. Hard-fork Ethereum also safeguards the ideals of decentralization and utilizes the most advanced solutions. Decentralized storage using IPFS, the dApp development tool, sharding, and P2P asset exchange will be combined and used in this project.

Ethereum Classic Vision offers the advantage of more efficient, safe and profitable mining proof-of-stake that will make all networks decentralized. Sharding ETCV network that can process 25000 more transactions per second when compared to 25 at ETH. ETCV stands for Ethereum and tickers from new digital assets that will be created and are planned hard-fork results. The miners will be given rewards, and the prize will be handed down to the system. Traders and miners will be balanced. The launch of a smart contract is subject to a minimal fee at all, and a deal that is not used can be placed in a temporary sleep state. Then the last advantage is that decentralized storage IPFS is cheap for you.

Ethereum itself is the second largest digital currency in the world similar to Bitcoin, but Ethereum is designed to store databases. Ethereum was created with the aim of being a container where the smart contract can be run. Ethereum was built by Vitalik Buterin in 2014 and was first mentioned on a white paper. His desire to make adjustments to what already exists in Bitcoin led to this project. Ethereum wants to make your daily life more efficient and efficient. All processes that occur are carried out automatically without any intermediaries.

ETH proof-of-stake has three advantages, namely a source of efficiency, stability, security, and real decentralization. ETH is a source of energy that active miners will benefit individual miners. Its durability is maintained because the ETCV holder gets more coins by risking it not with the motive of the sale and because of this the ETH value increases. Guaranteed security because if there are validator blocks that violate or commit status crimes and their deposits will be lost. Real decentralization that giant miners will not carry the risk because ETCV will remain independent and there is no central authority from anywhere.

However, Ethereum Classic Vision offers a complete transition to mining PoS and validation compared to what happened on the Ethereum Network. It is ensured that the owner of the smart contract will still pay once for the installation fee and be given the freedom to pay the rent for the storage space or not. The statement was announced by the inventor of Ethereum Vitalik Buterin lately. So it was planned to integrate with the storage system and exchange of decentralized IPFS to turn Ethereum Classic Vision into a full-scale environment for the use of new digital assets and development.

ETH snapshot collection will be held on 11 January 2019, and all ETH holders on their wallets will get three ETCV on each ETH after the fork. Motivation from the existence of this fork to store the Ethereum blockchain that is original because of the update Ethereum 1 x can change the original Ethereum, it is necessary to guard for the original before updating. To be able to get 3 ETCV each ETH you need to have ETH in your wallet, and you will get it with a ratio of 1: 3.

Ann Thread :  https://bitcointalk.org/index.php?topic=5089443.0

Website : https://ethereumcv.io/

White paper : https://ethereumcv.io/whitepaper.pdf

 

Ethereum Challenges

The decline in Ethereum and bitcoin values throughout 2018 caused unrest not only for miners, traders but also the developers themselves. It will take a long time and many years to fix the problems that arise one by one and the solutions offered are mostly none of them implement it. Even the solutions offered themselves have the risk of leading to a broader scope of problems so that a real step is needed to improve them.

Several challenges must be faced to realize Ethereum that moves forward. One of them is scaling. One of the solutions offered is the transition of algorithms from Proof-Of-Work to PoS because transactions that occur on Ethereum currently only reach 15 transactions per second, so the number of nodes is needed. Unfortunately, this doesn’t solve the problem. Its capacity that depends on each of the large computer networks makes transactions that can only be done for one process which should be done for several payment processes.

Ethereum Ice Age or is a piece of ETH code embedded in a hard bomb implanted system that can reduce the latest mining block efficiency until it has validated the code. This situation makes it difficult to create new blocks and become inefficient. It causes the miner left Ethereum and switched to another cryptocurrency. This code has a useful purpose, which is stimulating PoS, but because there is no agreement reached between the two, this only becomes a scenario.

For miners, rewards are things that can be said to be their rights. However, in the past year due to the decline in the value of Ethereum and other digital currencies, the rewards given to miners declined. Another reason for the decrease in rewards for miners is due to the complexity of the large miners who acquire and control excessively. As a result, this has angered small miners. Not to mention Ethereum’s leadership team is confusing the atmosphere by reducing block rewards to 2 ETH due to their efforts to network more efficiently.

Since the beginning of the creation of Ethereum, it introduced itself as a blockchain network whose data can be accessed with programs that have decentralized applications or dapps. However, the fact is that Ethereum has failed to achieve its goal of being a decentralized network. It is due to the superior control of the Ethereum Foundation without heeding the opinions of the community. Moreover, ASIC producers control 70% of the hashrate, which has 4 to 5 groups.

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Potential Answer for Ethereum Classic Vision

So far, proof-of-work is used as the main consensus in cryptocurrency. However, proof-of-work does not have efficiency as expected and is a source of problems experienced by this distributed network. Ethereum Classic Vision is made to be more sophisticated, easy to scale, fast, and a very decentralized system, very incompatible with proof-of-stake. Later in the initial period, the use of the PoW platform will be used in the hope that it will be transmitted to a full PoS that is more confident and firm.

If it is seen from the above explanation about proof-of-work, Proof-of-stake is expected to be able to solve problems that will arise later. The selection of block validators based on the number of coins that users put is the basic concept of proof-of-stake. If you look at the advantages of this consensus algorithm, five pros can solve the solution on Ethereum Classic Vision later. The benefits are energy efficiency, fair distribution of gifts, decentralization, security, and stability.

The problem that arises when proof-of-work applied is the need for gas costs will increase if the transaction process increases and can only process 15 transactions per second. The massive electricity consumption if implementing proof-of-work is also a consideration. One BTC transaction requires electricity that can supply a month’s full household needs. It is inversely proportional to proof-of-stake who can use your personal computer or cell phone without consuming significant power.

If PoW offers prizes in return, the PoS does not have awards for miners but submits transaction fees to the validator. Even if it is seen from the benefits, it is far less compared to PoW, but in the long run, this is promising considering the operational costs incurred are also meager compared to PoW.

All claims from Ethereum and Bitcoin about their decentralized system are only small claims. It is because the creation of their new coins is centered solely on large miners. Based on the data, it was noted that pools controlled 51% of Bitcoin hashrates, while more than 40% were owned by Bitmains only. It is enough to make the independent miners get rid of because in their access and economy they are far outweighed, which ultimately eliminates their hopes. Surely this is very far from what they have claimed. However, the application of the PoS system is the opposite, and there are no economies of scale, there is no mining agriculture, even risking more coins does not mean that the validator can take over. So the PoS system allows validators who are still on a small scale to have the same opportunity.

When talking about security, there are many statements that PoW is safer than PoS because security attacks will succeed in penetrating the blockchain if it reaches 51% of some nodes. It seems challenging to happen at least economically. PoW also has a security system where if there are hackers the system will issue it with the help of technological and economic disincentives whereas post-of-stakes of all sizes offer projects the same security. Any crime and violation of the rules that occur will result in the loss of a deposit in the wallet of the validator block. In other words, the validator is asked to give and take their deposit if evidence of a violation is found.

Stability is one of the factors that significantly influence the survival of a cryptocurrency. The weakening of the digital currency throughout 2018 has raised questions about whether this business can last long. However, the Post-of-Stake answers these doubts. All digital currencies based on post-of-stake such as Ethereum Classic Visual experience stability. It is because the growth is stable now and in the long term. Unlike bitcoin, the value is volatile. Bitcoin value can be very high for now but can decline dramatically in just a short period. If the bitcoin validator after mining will be sold to get a reward, different from the ETC validator they have no motivation to sell ETCH because it will cause the validator to lose the right to validate the transaction. Instead of speculating to exchange, they are better off storing one coin to get more. Although actually, the post-of-stake also has its challenges to become stable. As one holding currency is required to be stored in an offline place which can lead them to the point of failure because it can bring up a secure and centralized cold storage space. PoW is the best when it comes to rewards and is not as high as it is. However, for the stability and benefits for the environment and the community is better and more comfortable than the PoW.

Hard fork Ethereum – Ethereum Classic Vision – 11.01.19
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Introducing the First Islamic Crypto Currency Business and Finance: ADAB Solutions

Introducing the First Islamic Crypto Currency Business and Finance: ADAB Solutions

In this global era that becomes much more developing each day, the term ‘bitcoin’ is no more a new and surprising thing for certain people, especially those who are mostly related to the cryptocurrency business and finance. Nowadays, there are lots of cryptocurrency business that offer varies of advantages for the participants. However, most of them are the same. There will be merely a few numbers of differences among them. If you are looking for something new and distinctive as well as beneficial, you may need to take a look at the paragraph below explaining about ADAB Solutions.

Perhaps some of you have or haven’t heard about these cryptocurrency project. If we take a look at its name, ADAB Solutions is taken from the word “ADAB” which in Islam defines as the norms and rules that Muslims need to follow in any kinds of activity. In this platform, you will feel the experience of running a digital cryptocurrency business that is regulated by Islamic principals. If you are going to find out more about this business finance platform.

So, what is ADAB Solutions? Shortly, it is a brand new project that promotes Islamic cryptocurrency business and finance. Additionally, the project and all related activities will be run based on the Shariah principals. Moreover, this project, including its uniqueness and other advantages, will not only perform well in the Muslims country but also it will try to expand the system broadly into all countries even with no Muslims populations in it.

Based on Islamic economic point of view, the basic expectations of Islamic business and finance can be realized through a system called crowdfunding. It is considered one of the most suitable opportunities since it tries to combine the benefits taken from social development and investments. These kinds of innovative financial services can be very helpful in improving the entrepreneurs and the technological development of the economic system in the world.

Additionally, one of thing you need to know about ADAB Solutions is that it uses a kind of unique and beneficial system in operating the cryptocurrency business and finance. Crowdfunding system used in ADAB Solutions to make sure that the systems can be well-operated with fair benefits and losses shared to all of the participants.

What Are The Advantages Will You Get from Crowdfunding System?

For those who are still wondering about the goods of crowdfunding system on this Islamic future cryptocurrency project, you need to read a lot more things below that specifically define about kinds of advantages you can get from crowdfunding system. Apparently, the advantages written below are fully met the laws of Shariah and Islamic principals.

  1. One of the basics in this system is that the operations will be based on the profits and losses produced by the activities among the investors and the entrepreneurs. In Shariah, the term profits are known as Musharaka and the losses can be called as Mudaraba. As a result, the profits, as well as the losses created, will be fairly shared to all parties.
  1. Next, this method is also believed to be able to open opportunities to not only great investors, but the small and medium ones are also welcomed in joining this project. Moreover, there are lots of possibilities for them to develop well. In other words, this system is able for all kinds of investors to start their business within the Islamic principals and Shariah.
  1. Additionally, crowdfunding also brings the possibility to create kinds of innovations and job creations. Therefore, many entrepreneurs will be able to develop or even to expand their IPO business into new kinds of sectors.

Mainly, those are what the crowdfunding system can do for the participants. However, ADAB Solutions doesn’t use crowdfunding only. It tries to combine this system within the principals of Islam and Shariah including the moral values and the norms. In the article below, there will be several explanations about the Islamic crowdfunding system.

How Does Crowdfunding System Works Within The Sharia and Islamic Principals?

Based on the explanation above, the crowdfunding system is not working alone. In the ADAB Solutions platform, it needs to be combined with the Islamic regulations and norms. Then how does Islamic crowdfunding system works within the Sharia and Islamic principals? Here are the answers to the question.

  1. The platform of the business will be maintained by the experts who know the Shariah and Islamic principals very well. Apparently, these parties have also been experienced a lot in managing the business and finance operations based on the Islamic rules. One of the organizations that are able to cooperate with the platform is the Shariah Council.
  1. All of the investment activities and other operations occurred in the platform should be based on Islamic rules. If one activity is caught to be out of the Shariah rules, then the operations will be rejected.
  1. Not only allowing limitations for incompatible activities of Shariah rules, but the platform also guarantees the investors’ protection and the shareholder structure should meet the principals of Shariah as well.

 

The Importance of ADAB Solutions Project for The Participants

For those who are still considering the importance of this project towards the future economic system, you may take a look at the brief explanation below discussing the importance of ADAB Solutions Project.

1. The first and main reason for you to consider this as an important cryptocurrency project is that it is the first ever cryptocurrency business that based on Islamic rules and Shariah. Thus, it will not only make the Muslims feel safe in operating the business, but it will also provide the same things for the non-Muslim in investing their business and finance.

2. Within 1.8 billion populations of Muslim in the world, this project is hopefully can be one of the best models for these people where the security standards and the technical features will be highly guaranteed and operated using principals of Islams and Shariah. In this project, it is not only emphasized only for the systems and the activities to be based on Islamic principals, but the norms of the activities also should value Islamic morals.

3. ADAB Solutions also guarantee the full transparency which is safe for the participants in both selling and buying the cryptocurrencies for monetary exchange.

What Requirements Needed to Join the ADAB Solutions Project As Council Member?

ADAB Solutions is a business platform that uses the cryptocurrency business using bitcoin as the main thing in performing the operations. Additionally, it is combined with the principals of Islam. So, all of the regulations, limitations as well as the security will be managed through Shariah and the principal of Islam. To build a great and well-developed kind of Islamic cryptocurrency business, the basics of the system should be well-prepared as well. In ADAB Solutions, we choose the best candidates to be the Council Members of this business.

So, what is the main responsibility of Council Members in ADAB Solutions? Mainly, they are experts in the knowledge and practices of finance and investments that are based on Islamic norms and principals. Besides, they are also responsible for monitoring the flow of the business as well as giving and making important decisions to solve any kinds of problems occur in the system.

Considering the essential roles of the Council Members, thus, ADAB Solutions set some requirements for those who want to contribute their sufficient knowledge and competent experiences to ADAB Solutions and to experience such a challenging work within the professional teams.

For those who are pretty interested in joining the project as the council members with many great people in it, you need to consider several requirements explained below.

1. To be part of the council members, a Muslim is a must and first requirement. Even if you have exceptional knowledge of Shariah and other Islamic principals and norms in operating the business, but you are not a Muslim yourself, then you can’t take the opportunities to be part of the council members.

2. Required legal education related to Shariah economic

There will be lots of things to be faced in maintaining a platform business in this digital era. Specifically, when the business runs within the Islamic principals and Shariah. Thus, the council member of this project needs to be able to fully understand and be familiarize with kinds of solutions, strategies, and plans in solving the problems that might occur in the Islamic cryptocurrency project business. Therefore, the legal education of the related field is highly required.

3. Proficient in the Arabic Language

Since this Islamic project is based on the Islamic principals that come from Qur’an and Sunah, the council members who are responsible for the maintenance of the business project should be able to an expert in the Arabic language. This Arabic skill will be perfect for them to interpret the business and financial principals from Qur’an and Sunah.

4. Great experience in the related field

To have a chief position in this future Islamic cryptocurrency project, the council members should own many kinds of experiences in managing the Islamic business based on the principals of Islam and Shariah. Also, those who own kinds of experiences in Islamic economic will draw interest to ADAB Solutions to be one of the great team members in operating the business.

5. ADAB Solutions will also record the business track of the candidates of the council members. If you are willing to be one of the council members of ADAB Solutions, you need to make sure that you have an unblemished business record in your business experiences so that you would be able to become the next generation of ADAB Solutions.

Those are the requirements needed by ADAB Solutions to be part of the Council Members. If you think that you are able to fulfill the requirements above, you may need to try applying and joining the future Islamic cryptocurrency business and finance development.

After reading some information dealing with the ADAB Solutions project above, as smart business workers, people need to be able to choose the right cryptocurrency business carefully. There are various of related business found, but to choose the right one with compatible systems and regulations, it is not an easy thing to do. However, in ADAB Solutions that the overall operations are mostly related to the principals of Islam and Shariah, the individual losses can be prevented, like gha har or gambling. By implementing the Halal operations, the profits can be shared to all parties fairly and it can bring such great ideas and development to the market since it is ruled by Islamic moral values as well.

Now, ADAB Solutions is opening a pre-sale for buying the tokens that will give you additional benefits if you start buying now. By buying the tokens, you have contributed to making the next development of the Islamic cryptocurrency business and finance among the Muslims populations in the world. Moreover, the development may be able to reach the wider range where the whole world would be possible to join and get benefits from this Islamic cryptocurrency business and finance.

Now, you’ve got the main points and also the background of the ADAB Solutions. If you are willing to be part of the digital development through this Islamic cryptocurrency platform, then directly to the website page of ADAB Solutions and buy the tokens in this pre-sale program that will provide you kinds of advantages.

Besides, you can also stay connected with additional information and any updates dealing with this system through the social media of ADAB Solutions that you can reach via Facebook and Twitter. Also, subscribing your email on the website will ease you to get the updates and other important information dealing with the systems, tokens and other related products. For the links, you may check them out in the link below.

Social Media:

https://www.facebook.com/adabsolutions

https://t.me/Adabsolutions

Ann Thread: https://bitcointalk.org/index.php?topic=4720775

Website: http://adabsolutions.com/

White Paper: https://adabsolutions.com/pdf/WhitePaper_of_ADAB_Solutions.pdf

Posted by kurniawan05

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Overcome The Logistics Problems With EndChain

Overcome The Logistics Problems With EndChain

The trading transaction via online having the consequences for all parties which involved in there. At least, there are three parties here, the seller/manufacturer/producer, logistics industry and consumer. Each party has the obligation and rights on this case. As we know, online trading allows the buyer and seller not meet in the market as trading as usual. Here, the seller needs the logistics help to send the goods to their consumer — the logistics industry work as the bridge between seller and buyer. The logistics have the responsibility to deliver the packages to the consumer. But, it’s not always run as well as we think, because it’s possible bad something occur while shipping process.

One of the most crucial problems of logistics industry is about transparency. Yes, the transparent transaction is the key for successful trading. The transparency while shipping process is an important part, such as the update information about the packages, include the location and condition itself. The secure and transparent transaction should be built if the logistics industry still wants to stand out in this era. The problems of logistics aren’t only lying on transparency, but also the technic procedure of shipping phase. Almost all logistics industry is doing their tasks with the manual method like using a paper to verify the package, filtering the package one by one, etc. These ways are out of date and consume lots of time.

What’s the solution to these problems? The answer is the logistics must be moving on to the modern ways through technology. In this digital era, the blockchain technology exists as the strongest problem solver for transportation and logistics problems. The blockchain is enabled to controlling and monitoring the transaction. The blockchain technology is coming with the power of revolutionizing for supply chain in modern ways. By implementing the blockchain technology in the logistics company, it can build the consumer and manufacturer trust in the logistics. The impact of blockchain usage can’t be understated anymore; the transportation management is able to hold their existence in the world market with 13% increasing of GDP global. It means the border communication and administration of $1 trillion trades are improved.

Some companies are implementing the blockchain solutions for their logistical problems, but it’s not a complete solution. Besides the blockchain is able to transfer the value and change the physical goods which transferred, but the RFID chips of blockchain are expensive. This fact such bad news for companies, because it means they should be spent more money or budget. It’s not a big matter if the company using EndChain. What’s EndChain? EndChain is one of the companies which develops the blockchain technology and focuses on the logistics chain issues. EndChain has the goals to be the blockchain solution for logistics industry itself and another party that involves in the transaction. EndChain provides new experiences for people with the new concept and system. Are you interesting to know more about EndChain program? Please follow our social media below. You will get the update information about EndChain.

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

Twitter: https://twitter.com/EndChainIO

Telegram: http://t.me/endchainIO

 

Knowing The EndChain Design

The EndChain work involves several parties; there are a producer, shipper, seller, and consumer. For the first, EndChain will make the adaptation of the supply chain itself for each party, EndChain will record the goods that entered on the logistics. The record has the function to determine the high-risk goods. The record will give the data about.

  • The information on the product

It is important to know before the shipping process run. The brand, item, and originality of the product must be known. It’s done to avoid the counterfeits goods that will harmful for the consumer.

  • The ownership of the product

It tells us the party that controls the package. The owner of the product should be clear. Because it’s related with the responsibility if something bad happens, such as the delay tracking, stolen, or broken.

  • The quantity and quality of the product

The product that will be sent should be known the quantity and quality. In one day, there are lots of package with different quantity. It’s important to mention the quality and quantity because it’s related to the risk during shipping.

This information will be stored on the QR code and barcode that available on EndChain. These data can’t be expired for a long time. So, it can be checking in real time. The barcode or QR code is provided by EndChain as the new concept for verification process on logistics. The manual checking while verifying the package isn’t recommended and not an effective way. EndChain create the barcode to make the conveniences for the worker. The worker just needs to scan the package for several seconds; the data will automatically be verified. This way will save time and also increasing worker productivity. To using the EndChain, the user have to understand the EndChain design itself.

  1. The registration phase

The participant should register themselves on the EndChain form. Then, the participant will receive the identity that linked with the public key. For your information, the public key will connect the participant with the blockchain based. The participant can see another manufacturer, shipper, and seller. The data will be imported into the blockchain system. The users can interact with another user in one platform.

  1. EndChain security system

EndChain is placing the security system as a priority. The EndChain is work through the permission of blockchain, so the listed users who follow the manufacturing and logistic phase are able to join with the network. The detailed information will be accepted in a blockchain if there’s an authentication. The authentication is a way to protect the goods from counterfeit. The authentication form can be accessed on the cryptographic mechanism.

  1. The linking design

The EndChain doing the job consider by patent-pending barcode and QR code. This code integrates the physical goods with the digital information that entered the blockchain. The users are allowed to upload each item on the chain. The item will automatically have the unique id as identity. This design giving the conveniences for the user because the goods data is store safety.

  1. The future orientation

We determine to build the concept using Ethereum network. Ethereum is a stable network and more compatible with blockchain technology. In the future, EndChain seeking to develop the program and innovate the new feature to realize the different, comfortable, and profitable for all people.

  1. The Barcodes system

The current barcodes are provided for all items, but it’s not specific because the items with the same model have the same barcodes. In the future, EndChain will launch specific and integrate barcodes on each item. So, the logistics worker just scan one code and automatically the information will record at the same time. The data will be saved on a legacy system, so it can’t be expired for a long time.

  1. The Software

EndChain still develops the progressive application and software that can be accessed for users. The software is building for a supply chain, and the website also designed for the customer. The improvement of features also should be run together with the improvement of the security system. EndChain will complete this improvement with the locked key to secure the data.

Overall, the design of EndChain program isn’t complete yet. EndChain always commits to innovate the new concept and system to reach the betterment experience for people around the world because the user satisfaction is our priority. For further information about EndChain, you can kindly visit our sites:

Ann Thread: https://bitcointalk.org/index.php?topic=5055264

Website: https://www.endchain.io/

White Paper: http://www.endchain.io/#language

The Token Distribution Sale

The ICO details for EndChain Company is starting from December 2018 until January 2019. The main aims of ICO are to make the EndChain become the largest and majority company which use in all companies to solve their logistics problems. The first token sale has the minimum target, $4 million for threshold and $15 million for a hard cap. The EndChain tokens distribution will be run via ICO. The EndChain tokens are consists of four categories; there are team, leadership, advisors and future development. The leadership and advisors tokens will be given to EndChain employees as an incentive for their dedication to the company. The tokens will be active for one year and locked in a smart contract. Then, the team tokens are created for the member of EndChain itself. The team tokens are consists of two form based on the position and the quality of working. The last one is future development tokens are created for the business interest, and the manufacturer. The percentages of these tokens are 55% for ICO, then 22% for future development tokens, 10% for team tokens, 5% for leadership tokens, 5% for advisors tokens and the last, 3% for bounty and referrals.

The Coin Distribution

The coin that entered by users will be used to improve the EndChain program and complete the features. The transparency of coin distribution is our way to giving the information for users; it’s beneficial to improve our confidence and our service. We are appreciated to all of you who trust us to handle these logistics cases. The coins that submitted on EndChain will be distributed into some interests in order to provide the comfort experience. It can be called the feedback for users. The distribution of EndChain coins are.

  1. For marketing activity

The marketing activities require the material to explain to the consumers how the EndChain work? The EndChain coins will be distributed for this activity. As we know, marketing is one of the company strategies to introduce their products to society. The marketing has the role of informing the manufacturer, logistics industry, etc. That there’s the solution to their problems.

  1. The general and administrative activity

To completing the marketing team, the administrative aspect also should be done well. If the marketing focuses on the spreading the EndChain products, the general and administrative aspect focuses on providing the material and manage the internal office of EndChain itself. This activity also needs the high cost.

  1. For the legal permission

The EndChain Company is also managing the legal permission. The consumer has the rights to receive the legal tokens and coin, so the legacy system should be built and covering all trading aspects. Besides that, the EndChain Company also obliged to comply with the legal rules of the state. Keeping the existence of EndChain is important.

  1. For the compliance and security system

The user data and blockchain information needs the extra security system. The EndChain coins also use to develop the security system. The EndChain seek to create a strong enough security system for the future. The EndChain coins that submitted are utilized for beneficial things and actions, especially for improvement.

The EndChain Roadmap

Since declare on November 2017, the EndChain has been ready with the roadmap and the targets for the next month and year. The roadmap is important to determine the policy direction — roadmap work as a reminder for the next step when the time to plan, to organize, to act, and to evaluate each agenda. You can see the roadmap of EndChain completely in our whitepaper that can access through http://www.endchain.io/#language. Here, the EndChain roadmap generally.

  • On November 2017: the EndChain concept is launched
  • On February 2018: create the whitepaper version 1
  • On June 2018: EndChain manage the legal authentication with lawyers
  • On August 2018: the barcode/ QR code officially launched and work
  • On September 2018: EndChain launched the website www.EndChain.io and released the first final whitepaper
  • On October 2018: set the ICO system with the potential partners
  • On December 2018: prepare first to launch tokens sale
  • On January 2019: the tokens sale is finish

Actually, the development of EndChain concept has been started in March 2017. But, after facing some obstacles, finally, the EndChain teams doing the intense research and get the conclusion that the blockchain technology is able to help the problems of the supply chain. The EndChain always believe that this project is enough strategies to overcome the obstacle which may occur in the future. It’s just about how the EndChain able to hold the existence as the best solution.

Embracing Uplexa, a Breakthrough for Modern Lifestyle

Embracing Uplexa, a Breakthrough for Modern Lifestyle

Modern lifestyle demands you to be creative, dynamic and more innovative. Almost all aspects in people’s lives are developed, including financial industry. Therefore, we can see how there are plenty of banks, financial advisers and also payment alternatives than before. Thanks to the development in the financial industry, now you can enjoy the easiness in paying your bills. Of course, this unique payment method requires the use of technology-based devices. By considering them, you also need to know how you can improve your modern lifestyle.

Being a modern citizen with plenty of things to do means you need to get a flexible way to make the payment. Don’t hesitate in choosing the right payment channel to make sure your payment is fully covered. In this case, you can consider the most suitable payment method for your need. But, the payment method itself should be flexible for you to do, so you don’t get any difficulty in doing the transaction.

 

The Challenges in Modern Citizenship

If you’re in a late, digital payment, then you will need to know how you choose the channel. Although almost all banks have provided a digitalized payment method, selecting the right option might be difficult to do. Therefore, considering the payment channel means you need to be really selective. Especially when you choose the right choice for improving your need in paying your bills effectively. In this case, the growth of technology also makes the breakthrough seems more useful than before. But, it will also be a good option for everyone as there will be many alternatives.

The challenges occur when you have way too many IoT devices, but you cannot make the use of them optimally. When it comes to you to synchronize how you use the methods, you also need to understand how these devices work together. In case you consider the device usage, you can apply the most suitable usage of technology and the use of IoT for easiness.

 

Introducing Uplexa, a New Payment Innovation

The rise of blockchain and cryptocurrency gives impacts on many people to participate in this new world. A world of digitalized currency where you can invest and have lots of revenue making its existence as something important. No wonder, modern people tend to choose this new currency as their investment. But, there is also some unique payment method that has been developed by the IT geniuses.

Uplexa is a new, the simplest payment method for modern people. This platform is a breakthrough in how people make their payment. Especially for the ones who have been using cryptocurrency, choosing Uplexa will be a good solution for a new method of making payments. Uplexa adopts the similar concept like cryptocurrency, but it has some unique features that make this platform as a new, unique method in paying your bills.

There is some key information of Uplexa you need to know as follow:

  1. Uplexa is a p2p payment method, which is more flexible as it facilitates the use of IoT in the practice of its work. When it comes to you to choose the right approach for paying flexibly on the digitalized world, Uplexa is the best option you can get.
  2. This platform improve the use of IoT devices, making sure that every tool which is connected to the internet will be useful. By facilitating the transaction using the IoT, plenty of people will get lots of benefits, as the use of IoT devices has been increased.
  3. Uplexa also facilitate an anonymous payment, making sure that you can get the right amount of transaction without having to get confused with any problems in the identification. It is an ASIC resistant that will give profits to the users.
  4. This platform also provides the right option for the users to access and get the coin from the web, making sure that they can get more profits from the network. Therefore, the blockchain system will be a lot easier to consider. There is also a downloadable application that will ease the use of the platform.

Uplexa is indeed a new and innovative option for everyone who is longing for getting a flexible payment method. For you who are looking for more in-depth information about this unique platform, you can visit their official website at https://uplexa.com/. By visiting their site, you can get more insight into what their core value is and how they work.

 

How Uplexa Works to Facilitate Private Payment

Uplexa, in its White Paper, describes its features as an excellent solution for you who are looking for security in paying your bills. Using the default CryptoNight algorithm as its system, plenty of benefits you can get from this platform. You can get more information about its vision and how it works by downloading their White Paper at https://uplexa.com/content/uPlexa-Whitepaper-EN.pdf. In their White Paper, you will find plenty of information about this new platform.

You might also want to know how this platform works. As a unique platform for an anonymous payment, you will get lots of benefits by using it. When it comes to you to use the platform, it works as a good measurement for your IoT. As there are so many electronic appliances at homes such as desktop, smartphones, smart kitchen appliances, and others, you can synchronize the devices with Uplexa. The system will work effectively in the developing countries, especially for the ones whose electricity bill takes up to 20% of their monthly salary.

In this case, Uplexa uses the idle usage of each IoT at home to get the profit for the users. Of course, this concept will make sure that your electricity payment will be more accessible and more affordable. To make sure that it works well in every household, Uplexa makes sure that your program will be a good thing to give you profit for the work. There are some ways the platform will work for you:

  1. Uplexa will harness power produced by IoT for future adoption in massive scale, making the benefits of this unique concept as an impactful solution for the users.
  2. Uplexa also applies the unique Near-Zero Congestion Model that will be a good option if you work for the off-chain transactions. Everyone who is looking for another simple way to get the off-chain transactions can get the benefits.
  3. Uplexa will also disapprove any small microtransaction that may occur in the platform. It makes the platform a good option for your investment.
  4. This platform will also help you in scaling the fees at a higher rate, making it easier for you to get profits for the IoT usage.

The use of Uplexa is the first step for people in welcoming a good way of getting more profits and mining the Uplexa coin from the IoT. As you know, IoT has been distributed to so many people in the world, making the use of the device more profitable. With the widespread of IoT all over the world, you can get the most of it ideally. You can also access more information about Uplexa by visiting https://discord.gg/a7mAQwJ.

 

The Offered Features of Uplexa for the Users

With the innovative concept for the users, of course, you will find Uplexa as a new and innovative way to improve your work. To ensure their users get the most profits, Uplexa provides some features that will be beneficial for everyone, such as:

  1. On and Off Chain features in this platform will make sure that you can get good adaptability for the transaction as it provides the piecing of on and off chain technology. Of course, using this feature will add more fun for your need.
  2. Just like how it works, Uplexa enables their users to mine from IoT devices in households. Uplexa focuses on how profitable mining is possible for the users, making sure that Uplexa can be a decentralized currency for many kinds of payments. For further information, you can access their updates at https://www.reddit.com/r/uPlexa/.
  3. Uplexa also provides the anonymity for their transaction. Every user who is looking for privacy and security will find this feature as a good start. This platform uses only the modified cryptonight algorithm, making sure that every transaction you make in Uplexa anonym and impossible to trace.
  4. Still related to anonymity, plenty of government-based institution making a spy program that will spy the life of every innocent citizen. Realizing that condition, Uplexa makes sure that you can get the anonym and secured transaction using this platform to pay any bill related to the use of IoT.
  5. This platform also makes sure every user of their product will enjoy a fast transaction using their sophisticated technology. With the use of NZGM, there will be only 2 minutes block times. Of course, you will find it as a good option for paying your bills.
  6. Getting the benefit from your IoT is also more comfortable when you choose to use Uplexa. This unique platform will give you IoT powered eCommerce, making every transaction that you can do for purchasing services and products easier by using your IoT power.
  7. Security is also a useful feature from Uplexa you will get for good. As a payment platform, Uplexa gives a good, secure platform for doing any transaction. This platform works well for you to get p2p consensus network, enabling you to feel safe and secured during your purchase.
  8. As a new thing in this industry, you will find plenty of alternatives. But, you can also get the benefits from Uplexa as it is an open source product, making it an effective blockchain. So, you will get many benefits from it.

 

Understanding Uplexa Bounties and How to Get Them

Just like any other blockchain, Uplexa also provides the best way to make your investment easier. In this case, Uplexa gives bounty awards for their users, making this platform as an option for a practical choice for you. To get more insights about how Uplexa spreads the bounties for the users, you can access their ANN Thread at https://bitcointalk.org/index.php?topic=5058404. There, you will get some information that will be useful for understanding this unique platform.

Besides its uniqueness, you need to also know some of the most straightforward, most attractive features from Uplexa to spread its bounties. In this case, to make the most of their investment from this bounties. Here are some unique things you can get from Uplexa’s bounties:

  1. In their system, Uplexa utilizes 7% premine for fund the infrastructure for the users. For example, this 7% premine will generate the airdrop, bounties, and others. Of course, this allocation will make sure everything runs well in Uplexa’s system.
  2. If you’re interested in getting a bounty from Uplexa, you can get them by cooperate with the platform for signing various partners so it can reach its optimum potential for giving the best services and investment for the users.
  3. Uplexa will also give some awards to the team members. Of course, it means each team member will get benefit from the use of their services in Uplexa.
  4. There is also a translation bounty that will be unique and beneficial for you, as there are so many audience targets in Uplexa. By providing an excellent translation for the targeted audiences all around the world, the official website and white paper will be easier to understand. This change is giving more potentials for the people all around the world to participate.
  5. Uplexa also provides the bounty with for the ones who get the medium for the bugs inside the Uplexa and its sub-platforms. Of course, it will be a good start for you who love working with technology to unveil if there is any error in Uplexa system.

So, those are some insights into how Uplexa distributes their bounties. You can also take parts of being their partner in acquisitions and others, making sure their products will give impact all around the world. Their detailed updates will be easy to access from their Twitter account at https://twitter.com/uplexacoin. There, you can also find plenty of information related to the development of this platform. Of course, you will never see this platform as an annoying thing to try. Besides giving the most of idle power used by your IoT devices, you can also get a smart investment!