Ethereum Tech
What is Ethereum Tech?
The ETTE snapshot will be taken on May 27, the launch of the ETTE network is scheduled for August 25.
EthereumTech is both a new cryptocurrency, and a full-featured ecosystem with support for the blockchain, combining all three functions that a truly successful blockchain should have: decentralization, scalability and security. It offers a number of significant advantages over other known cryptocurrencies:
Proof-of-Stake
A more efficient, secure protocol that will ensure complete network decentralization.
No rental storage fee
The launch of a smart contract will entail a minimal one-time fee; An unused contract can be removed from the network.
Sharding
ETTE network will be able to process 6000+ transactions per second as compared to just 25 in ETH.
Data storage integration
Cheap decentralized file storage for your dApp.
Fair rewards
In our system, the interests of miners and traders are carefully balanced.
No rental storage fee
The launch of a smart contract will entail a minimal one-time fee; An unused contract can be removed from the network.
Data storage integration
Cheap decentralized file storage for your dApp.
Executive Summary
The cryptocurrency market is still in progress, although it is one of the most difficult
stages. Transaction processing time remains low, the benefits of mining are falling, and
the proposed solutions to the problems of scaling and energy inefficiency are still far
from realization.
These events are contrary to the well-established expectations that the economy will soon
undergo a fundamental shift and become more decentralized. Blockchain enthusiasts
have long hoped to see - and help build - a world in which cross-border transactions
occur instantly and free of charge, where people can run their business without
interference from banks and other authorities, and where transactions will not depend on
trust between the parties.
Ethereum Tech is a new cryptocurrency that intends to bridge this gap between
expectations and reality. Being a hard-fork of Ethereum, it will use the most advanced
solutions offered for the world's second largest digital currency, while at the same time
maintaining the ideal of decentralization. The project will combine technologies such as
sharding, P2P asset swapping, dApp development tools that can be used with an initial
level of programming. Starting with a PoW-based system, it will subsequently offer
stable rewards for transaction validators through the introduction of Proof-of-Stake, while
at the same time creating an optimal environment for deploying new assets
Roadmap
Ethereum Tech hard fork development & testing
Snapshot of the ETH network
Pre-sale of Ethereum Tech with using ETH address
Introduction of the dApps platform; establishment of key technological partnerships
Sharding implementation
Data storage integration
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