Ethereum+: A Peer-to-Peer Digital Asset System

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 specâ-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+ Desktop Wallet
The classic 'Electron' wallet, available for Ethereum+
https://github.com/Ethereum-PlusCore/Ethereum-Plus/releases/download/Ethereum-Plus/EthereumPlus.zip

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.

rad-bfgminer (GPU Minerâ-âbfgminer)
SHA512/256 Proof-of-Work GPU Miner

Alternative SHA512/256 Proof-of-Work GPU Miner. HiveOS support completed.

scrypt-boilerplate (Ethereum+)
Complete smart contracts using the Scrypt language

seyyidkaya

Posts

Merits