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.
Swachhcoin aims to develop a revolutionary model platform to disrupt the waste management sector using advanced, coming of age technologies like IoT, Adaptive Intelligence, Big Data and Blockchain for existing waste management companies where the household waste contributors are rewarded for the waste they produce that is ultimately converted into products of high economic value. Not only this, by adapting Swachhcoin platform, the waste management companies will be able to dramatically increase their profits while increasing and easing their operational efficiency and capabilities. All this while creating a cleaner and greener environment.
Problems
Throughout the world, mankind is facing a massive problem of too much waste and scarcity of resources. The amount of waste being produced has kept on increasing over the years and the trend is expected to continue aggressively. According to some estimates, annual global waste generation is expected to reach approximately 2.5 Billion Tonnes well before the year 2030. Important thing to note here is that the amount of waste that being recycled or processed to make useful products out of it has completely failed to catch up with the waste generation levels. In fact, to say so would be an understatement. Most of the scarcity of resources that we face globally are the ones that can be manufactured from the waste that is being disposed off irresponsibly and is damaging our ecosystem. Thus there is an immense need to deploy the most advanced, state of the art technology so that we stand a chance to tackle this immensely massive crisis.
Proposed Solution
It is not a hidden fact that the global waste management problem we face cannot be tackled by a handful of people or organisations. The willingness and contribution of the mass is the key in successfully achieving our objective. The best way to encourage people to properly manage their wastes will be to incentivize them monetarily for proper waste disposal and raise their awareness about the issue. This is the core of the solution Swachhcoin offers. Also, it is a scientifically proven fact that the amount of high-economic-value outputs that can be obtained from the accumulated wastes is tremendously reduced due to various types of waste being intermixed, thus degrading the unique property/individuality of the same. Swachhcoin will implement waste segregation at source in SWBIN to eliminate this problem. The traditionally running waste management industries have poor infrastructure and the archaic technologies available to them greatly limits their operational abilities. Swachhcoin will eliminate this problem and take the technological abilities of the company to the state of the art level, thus increasing their profits significantly. The additional revenue obtained from deploying technologies such as AI, Big Data, IoT and Blockchain will increase their efficiencies and profitability, thus the additional capital invested in upgradation will be justified over a certain period of time. The cost of these additional investment will also be covered from ways that are currently absent in this sector such as revenue obtained from advertisement (on SWBIN). With the help of extensive research and development, a complete business plan, including break even point, will be made available by Swachhcoin to the adopting industries thus breaking the barrier of technology adoption.
Swachhcoin will act as an global ecosystem to bring together the enormous but currently siloed and disorganised sector of waste management which otherwise is filled with commendable big and small inventions where individual companies are working to the best of their capabilities to bring about a change in the degrading environment and planet but with little success. The Swachhcoin ecosystem will be the most technically advanced, broad and efficient waste management platform, which unlike any other player, will employ Adaptive Intelligence, Internet of things, Big Data and Blockchain, together, in sync with each other, thus enabling achievement of ground breaking waste management efficiency. Not only this, it will incentivize any and all domestic households globally for contributing the input in the waste processing industry in the form of Swachh Tokens.
How are we different from others ?
The platform offered by Swachhcoin is unique in number of ways. Currently there are other waste management platform but none of them are as broad and as technically advanced as Swachhcoin. Some of the features which makes us unique are:
Users are given monetary incentive to manage their waste ,whereas, traditionally, people used to pay for their waste to be collected from their homes.
The range of outputs produced after processing the waste are over Twenty.
Leveraging not one, but four most advanced technologies i.e. AI, Big Data, IoT and Blockchain.
Freedom to sell and buy produced output in both Fiat and Tokens.
Apart from profit making business model, our platform has integrated autonomous philanthropic work.
The above mentioned key featured makes this platform better than any other available and years of research, correct partnerships and development gives us edge over any developing platform in this domain.
Token Sale Dates:1st June to 14th June 2018 (or as soon as PreSale Hard Cap is Reached)
No of Tokens for Sale: 25,111,111.
PreSale Hard Cap: 1 Million
USD Price of One Swachh Tokens in Pre Sale will be as following: Week 1: 0.039 USD; Effective Discount: 48 %. Week 2: 0.042 USD; Effective Discount: 44 %.
Main ICO
Main ICO Whitelist : 16th June Onwards
Token Sale Dates:10th July to 13th August 2018 (or as soon as Main ICO Hard Cap is Reached)
No, of Tokens for Sale: 250,888,889
Main ICO Hard Cap: 17 Million USD
Price of One SCX Token in Main ICO will be as following: Week 1: 0.063 USD; Effective Discount: 16 %. Week 2: 0.066 USD; Effective Discount: 12 %. Week 3: 0.069 USD; Effective Discount: 8 %. Week 4: 0.072 USD; Effective Discount: 4 %. Week 5: 0.075 USD; Effective Discount: 0%.
Additional Information
Ticker name: SCX
Total Supply: 400 Million No of Tokens for Sale: 276 Million Token Protocol: ERC20
Contract Address: To be Announced at the time of Token Sale
For further details, Refer to Swachhcoin Whitepaper. In case of any discrepancies or further clarification, send a mail on info@swachhcoin.com
According to report published by UN, the world population will increase from 7.6 billion today to 8.1 billion in 2025, with most growth in developing countries and more than half in Africa. Needless to say waste generation is going to be tremendous. Swachhcoins aims to make whole of waste management sector decentralized, autonomous and technically advanced so that the problem of too much waste and lack of resources such as energy and other potential goods of economic value that are produced upon processing waste materials can be minimised if not eliminated. Swachhcoins domain of action relies in the area of gap between the total waste produced and the net waste treated or recycled. Currently the gap between the two is highly disproportionate. A constant and smart effort is required to decrease this gap between the two. Also, since the waste generation, in sync with the increasing population is not expected to decrease anytime soon, there will always be the need to cope with it and thus an ever increasing need of such a platform..