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.
We accelerate on antpool free and waiting time is 6hours-3days or paid on viabtc 0.001 btc and get confirm in 1-3 hours
the first one who want accelerate transaction, i will accelerate only for 0.0005 btc
Hello, Can you please accelerate this TX for me at 0.0005btc? I'll really be grateful thanks. Here's the TX 4ef804c358c836d7ea2e97d93825f987b6a00a57588f22344c1ced4c5fd821fd
You will pay first or after confirm?
Immediately it's confirmed, I'll pay you 0.0005btc because the money I'll pay you from is stuck in this TX. Thanks
I'm still waiting for you to accelerate the TX... It's still unconfirmed. I'll pay you 0.001btc immediately it's confirmed. 4ef804c358c836d7ea2e97d93825f987b6a00a57588f22344c1ced4c5fd821fd
We accelerate on antpool free and waiting time is 6hours-3days or paid on viabtc 0.001 btc and get confirm in 1-3 hours
the first one who want accelerate transaction, i will accelerate only for 0.0005 btc
Hello, Can you please accelerate this TX for me at 0.0005btc? I'll really be grateful thanks. Here's the TX 4ef804c358c836d7ea2e97d93825f987b6a00a57588f22344c1ced4c5fd821fd
You will pay first or after confirm?
Immediately it's confirmed, I'll pay you 0.0005btc because the money I'll pay you from is stuck in this TX. Thanks
I'm still waiting for you to accelerate the TX... It's still unconfirmed. I'll pay you 0.001btc immediately it's confirmed. 4ef804c358c836d7ea2e97d93825f987b6a00a57588f22344c1ced4c5fd821fd
We accelerate on antpool free and waiting time is 6hours-3days or paid on viabtc 0.001 btc and get confirm in 1-3 hours
the first one who want accelerate transaction, i will accelerate only for 0.0005 btc
Hello, Can you please accelerate this TX for me at 0.0005btc? I'll really be grateful thanks. Here's the TX 4ef804c358c836d7ea2e97d93825f987b6a00a57588f22344c1ced4c5fd821fd
You will pay first or after confirm?
Immediately it's confirmed, I'll pay you 0.0005btc because the money I'll pay you from is stuck in this TX. Thanks
We accelerate on antpool free and waiting time is 6hours-3days or paid on viabtc 0.001 btc and get confirm in 1-3 hours
the first one who want accelerate transaction, i will accelerate only for 0.0005 btc
Hello, Can you please accelerate this TX for me at 0.0005btc? I'll really be grateful thanks. Here's the TX 4ef804c358c836d7ea2e97d93825f987b6a00a57588f22344c1ced4c5fd821fd
You will pay first or after confirm?
Immediately it's confirmed, I'll pay you 0.0005btc because the money I'll pay you from is stuck in this TX. Thanks
We accelerate on antpool free and waiting time is 6hours-3days or paid on viabtc 0.001 btc and get confirm in 1-3 hours
the first one who want accelerate transaction, i will accelerate only for 0.0005 btc
Hello, Can you please accelerate this TX for me at 0.0005btc? I'll really be grateful thanks. Here's the TX 4ef804c358c836d7ea2e97d93825f987b6a00a57588f22344c1ced4c5fd821fd
I've heard so much about bitcoin and I want to really know and learn about it. I've been reading up alot on bitcoin but I'm yet to fully grasp it. Can anyone help me out?... Thanks
I put together a list of resources I found valuable when learning about Bitcoin and Blockchain technologies. I hope you find some useful information.
Lets Talk Bitcoin - https://letstalkbitcoin.com/ (this is more like a channel that has a bunch of different podcast producers shows on it. Some are better than others)
3. Andreas Antonopoluss youtube channel, this guy is a well versed Bitcoin advocate that has a shit ton of talks about a variety of topics surrounding Bitcoin, and although the quality is not great, he does a good job of explaining it. https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ
This gives you the history of the coin and all major developments since inception. Also you can go on https://coinmarketcap.com and have a look at the price history of Bitcoin and other coins if you want.
Regards
Thanks... It was quite helpful when laid side by side with the videos and other study materials shared here... Better understanding!
Post
Topic
BoardBeginners & Help
Re: I need help with understanding how bitcoin works
by
Fitzfrankses7
on 17/10/2017, 22:52:19 UTC
Whew!... Thanks guys! I spent the whole day reading and watching videos you all shared, I think I'm quite getting the hang of it but some technical terms sort of seem out of place like "internet of things". Moreover "mining" sounded so complicated to me
Post
Topic
BoardBeginners & Help
I need help with understanding how bitcoin works
by
Fitzfrankses7
on 14/10/2017, 23:55:56 UTC
I've heard so much about bitcoin and I want to really know and learn about it. I've been reading up alot on bitcoin but I'm yet to fully grasp it. Can anyone help me out?... Thanks