Post
Topic
Board Announcements (Altcoins)
Topic OP
[ANN][CRT] Ethereum Crystal - Ethereum 1:1 hardfork [Sharding][Feeless][PPMNs]
by
ethercrystalofficial
on 28/02/2018, 23:59:13 UTC
Ethereum Crystal

[ Website ] [ New Telegram ] [ Whitepaper 3.0 ] [ Team ][ Roadmap ]

Mission
Ethereum Crystal, or abbreviated CRT is a hard-fork of Ethereum transitioning it from a purely proof-of-work system into a hybrid PoW/PoS that is feeless, highly scalable, highly reliable, and empowered to adaptively implement cutting edge blockchain technology.
Like nature, we believe in an adaptive approach to blockchain technology and believe that successful ideas and innovations that come into this space must be respected and embraced. For us to truly transform Crystal since our inception of late 2016, we have spend over a year studying and implemented innovations we believe to be useful to the community.

Technology

Sharding
Crystal implements novel proof-of-work based sharding theorem to reduce state storage and greatly increase transactions per second.
Parallel Masternodes
Crystal has two layers of masternode systems. The first is for general public.
The second is private, highly secure and will be for businesses, non-profits, charities, and government institutions.
Both enable Crystal to be a hybrid PoW/PoS-based blockchain.
Zero Fee
Crystal eliminates gas usage. Miners will still be paid by block reward as an incentive.
The result is freedom for DApp development to use our network to their imagination.
Instant
The masternode complex allow transactions to be confirmed as soon as consensus is reached.
Identity
The Crystal source code has been made to compliment ERC725/35 and ERC780 identity solutions
to publically identify users, organizations, and entities on the network.
Constitution
The Crystal constitution allows block producers to vote upon protocols that change how Crystal is run.
This enables Crystal to be evolutionary removing the need to hardfork.


Info
Fork height: 5300000 block
Time: March 23, 2018 GMT+9 12:00pm (Tokyo Time)
Supply: 98 million to existing holders of Ethereum + 50 million for development reservation = Total 148 million.
We will be locking the development funds and spreading them across the next decade.
Block time: 10 seconds
Block size: 2M
Block Reward for miner: 60% at 3 CRT
Block Reward for Masternodes: 40% at 2 CRT
For investors:
Tier 1: 1 eth = 3100 CRT
Tier 2: 1 eth = 2500 CRT
Tier 3: 1 eth = 2000 CRT


Core Team
Founder, Daniel Huang
Co-Founder, Jethro Yuan
Head of Investments, Richard Li
Head of Communications, Emily Wang
Product Manager, Michael Yu
Blockchain Architect, Danny Li
Head Developer, Yi Wang
Core Developer, Han Zhang
Core Developer, Tian Yu
Core Developer, Ziliang Zhao


We thank our community and our supporters from Day 1 back in 2016 for making this possible. If there are any inquiries please do not hesitate to contact us at inquiries@ethereumcrystal.org