What is Euclideum?
Euclideum is creating a sidechain of the Ethereum protocol, which will contribute to solve today’s problems which include scalability for transacting on the platform. Ethereum is a secure and decentralized network, but it is not cheap and efficient to use. Euclideum is here to solve the existing problems that dapp & blockchain users have in the space today. The expected processing capability of the Euclideum network is supposed to be twice as higher then the Ethereum network. For example, today’s gas fees are too high for the average user to adopt blockchain technology and decentralized applications in their daily life.
Euclideum is a Proof-of-Stake (PoS) platform, where users can stake ECL tokens in order to become a validator node on the network. Staking of ECL will be available for the public in the start of 2021. Stakers will be able to earn 8% annually, by staking the native crypto assets on the protocol. Launching an own node requires a staked amount of 20 ECL, which is relatively cheap compared to staking on Ethereum 2.0 (32 ETH).
According to the project leaders, there are already developers working on growing the upcoming blockchain ecosystem. In their roadmap, it is stated that they expect that there will be 10+ applications running on the platform throughout 2021. These applications will be built by their team, along with funding of other project teams. There will also be a way for new projects to have their public crowdfunding through the Euclideum-network.
INFORMATION
Website: https://euclideum.com/
Whitepaper: https://euclideum.com/whitepaper.pdf
Twitter: https://twitter.com/euclideum
Facebook: https://facebook.com/euclideum
Medium: https://medium.com/@Euclideum
Telegram Channel: https://t.me/euclideum
Telegram Chat: https://t.me/euclideum_chat
Tidak ada komentar:
Posting Komentar