AN INTRODUCTION TO ETHERZERO: THE NEXT GENERATION OF SMART CONTRACT PLATFORM
- Efficiency, safety, and decentralization are the keys consideration, as development of the platform in planned in layers to better facilitate the DAPP developers and users, whether it is developing DAPP on the EtherZero platform, deploying smart contracts, or for users to use.
- EtherZero self-identifies as “Next Generation of Smart Contract Platform”, which began with an idea addressing high cost and low efficiency suffering in the first earlier blockchain protocol (bitcoin and ethereum) and the decentralization damage caused by EOS solution.
- EtherZero aims to inherit the successful features and lessons learned from earlier blockchain projects, and incorporate new technologies and best practices that emerge from a research based approach.
- EtherZero solution referenced Dash’s Masternode network and developed the MPoS algorithm to find an optimal balance point from the impossible triangle of efficiency, decentralization, and security.
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