Abstract.The Ethereum+ network is a peer-to-peer digital asset system that enables direct exchange of value without going through a central party. A zero compromise blockchain with the inherent parallelism and performance characteristics of an unspent transaction output (UTXO) based architecture and the Turing Complete programming of Ethereum Virtual Machine (EVM) architectures. This is a breakthrough smart contracting and digital asset system based on SHA512 proof-of-work, designed for extreme throughput and scale.
What is Ethereum+?
Ethereum+ is a revolutionary network designed to solve the problems with all existing blockchains in terms of scale, parallelism and Turing Complete programming. Ethereum+ is a peer-to-peer digital asset system that enables direct exchange of value without going through a central party. Similarly to Bitcoin, the Ethereum+ network requires minimal structure, and timestamps transactions into an ongoing hash-based chain of proof-of-work (SHA512/256). We introduce two novel breakthrough techniques to validate digital assets: unique references and a general purpose induction proof system both of which operate in constant O(1) time and space. It is possible to compose outputs in any manner, without compromising the inherent parallelism and performance characteristics of an unspent transaction output (UTXO) based architecture. Therefore, users can leave and rejoin the Ethereum+ network at will and be assured of the integrity and authenticity of their digital assets.
Zero Compromise Open-source Blockchain: Hybrid Account + UTXO Smart Contracts
The world's first breakthrough hybrid Account + UTXO based architecture engineered for massive layer one (L1) on-chain scaling and Turing Complete smart contracts.Ethereum+ offers the benefits of a UTXO blockchain along with the advanced capabilities of EVM compatible blockchains, but with none of the downsies.
"I had to write all the code before I could convince myself that I could solve every problem, then I wrote the paper. I think I will be able to release the code sooner than I could write a detailed spec."â-âSatoshi Nakamoto
In the same spirit of Satoshi Nakamoto's launch of Bitcoin, we released a fully operational and software development stack on Day 1, before even writing the White Paper. We wanted to be convinced that the revolutionary and breakthrough system worked before writing about it. No waiting, no limitations, just a scalable blockchain node and toolkit to build your dreams today.
Network Details
Network Name: Ethereum+ (EthereumPlus) Network Abbreviation: ETHP Mining Algorithm: SHA512/256 Proof-of-work (GPU Mineable) Block Time: 5 minutes Initial Block Size: 128 MB, designed to achieve 10GB+ Block Reward Schedule: 50,000 ETHER per block Block Reward Halvening: 2 years Maximum Supply: 21,000,000,000 ETHER Decimal Places: 8 Launch Date: 2022â11â01 02:42 UTC Premine: Ethereum+ has 2,5% from all emission premine existing
Ethereum+ Node, Source Code and Libraries
All source code is immediately available and Open Source MIT Licensed.
Ethereum+ Node A high-performance node, designed for big blocks and decentralized applications. Modified for the novel and efficient proof-of-work algorithm SHA512/256 and the breakthrough induction proofs to allow complete freedom to the developer, without compromising scalability such as EVM-based blockchains.
Ethereum+ ElectrumX Indexer Service Highly optimized python3 foundation for indexing addresses and histories. Tested and working with block sizes in excess of 4 GB. Tremendous room to grow and still maintain decentralization.
I send my paragons to livecoin but after 60 confirmations (it asks for 29) it still doesn't add my balance.
Anybody having this problem? Are they this slow every time?
I also have the same problem,probbably livecoin is holding our coins becouse of price difference between exchanges,but we will miss the chance to sell high,and few more people in telegram group reported same problem,i was lacky half of my coins were on livecoin ande they were sold during pump.
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BoardAnnouncements (Altcoins)
Re: [ANN] | PARAGON | Revolutionizing the Cannabis Industry |
What are your opinions what will happen with ubiq price and difficulty after next eth difficulty bomb?
Eth earnings will reduce by 40% in next few months,and i think alot of people will go to ubiq,and then we are screwed
That is what I would expect to happen in anything but crypto. What will in fact happen is when the next ETH difficulty bomb goes off, ETH will jump 40%. Miners will continue to mine ETH for the same daily profits.
I hope so,usualy thats the case,hope it will happen again,if not we are screwed if all those miners come to ubiq
You got a point,nowdays no one is mining eth for stacking and holding becouse of low rewards,but if it stays most profitable we are safe.
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BoardAnnouncements (Altcoins)
Re: [ANN][UBQ] Ubiq - Smart Contracts For An Automated World
by
99pavle
on 20/08/2017, 14:50:48 UTC
What are your opinions what will happen with ubiq price and difficulty after next eth difficulty bomb?
Eth earnings will reduce by 40% in next few months,and i think alot of people will go to ubiq,and then we are screwed
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BoardAnnouncements (Altcoins)
Re: [ANN][UBQ] Ubiq - Smart Contracts For An Automated World
.) Why the hell has the difficulty raised so much within the last 12-24 hours? .) With the coming epoch Switch it will be again more difficult to mine ubq.. so whats then?
Until yesterday i made roundabout 8-10 ubq/day, right now it looks like half of this just overnight Hope this gets better/faster again ... at least a bit
Its becouse price jumped this high so people started mining it and hashrate incresed so the difficulty incresed.
Usualy diffculty jumps about the same as the price,so if you are mining and salling right away its the sam for you,but it is realy bad if you are stacking coins like me and waiting for some bigger jump in future. Im stacking till mid 2018 probably,and wont sell before no meather what price it hits
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BoardAnnouncements (Altcoins)
Re: [ANN][UBQ] Ubiq - Smart Contracts For An Automated World