The block chain built by Bitcoin has successfully demonstrated how an indefinite number of anonymous people in cyberspace can carry out their activities for their own interests without centralized control . Undoubtedly, there is historical significance for cooperation in the field of cryptographic education in evidence of disproportionate cyberspace . Unfortunately, Bitcoin's weaknesses are too numerous to be widely used in everyday life , and very few recent crypto-projects have been developed to provide self-support .
And the reports of Dr. Nicholas Courtois, a cryptographer at the University College of London, show how many current crypto-terrorism kills are self-destructive in nature:
We observe that most crypto-thermia prescribe sudden and sudden transitions.
This shows that smaller bitcoin competitors are significantly vulnerable.
We show examples of “alt-coins”, which confirm our theory and for which the process of programmed reduction and rapid self-destruction has clearly already begun.
The mission of EcoVerse is to create the first of its kind self-sufficient (or not self-destructible) ecosystem based on an extensive blockchain network.
This article presents the EcoVerse platform. First, we identify the main problems that the cryptography universe is currently facing. Then we present technical solutions to these problems. Then, in conclusion, we offer our philosophical vision, which we hope to achieve with our platform.
PROBLEMS
There is only one problem that we at EcoVerse strive to solve: self-sustainability. The problem, however, is rather complicated. This requires a multifaceted multidisciplinary approach.
We will explain the problem of self-sufficiency in technical, economic, philosophical and socio-psychological perspectives.
The problem of self-sufficiency from a technical point of view:
From a technical point of view, we believe that cryptocurrency must satisfy two requirements inorder to be self-sufficient: convenience and versatility of application every day However, both of these are major issues that need to be addressed.
Daily usability: this means that an ordinary person should be able to use cryptocurrency for their daily activities. It includes issues such as scalability, volatility / price optimization, privacy protection / KYC-AML, and security.
Universal applicability: this means that our cryptocurrency must be widely accepted and used. This means that a cryptocurrency should be easy to use, just like a credit card, and should be widely accepted and, therefore, used both online and offline.
Universal applicability: this means that our cryptocurrency must be widely accepted and used. This means that a cryptocurrency should be easy to use, just like a credit card, and should be widely accepted and, therefore, used both online and offline.
The problem of self-sufficiency from an economic point of view: the
economic perspective concerns the distribution of wealth cryptotermines. It is known that the rich get a richer scheme. In fact, almost all of them fail terribly with a uniform distribution of wealth, as well as seignorage. We
believe that this is a very serious threat to their sustainability. As soon as ordinary people realize that they do not receive anything from their own crypto investments because of the scheme, they will leave and never return.
The problem of self-stability from a philosophical (and socio-psychological) perspective:
philosophically, the problem lies in the lack of trust and anonymity. If an error / error appears somewhere, the attack will
take advantage of it. its use almost always happens. That is why hackers and attacks have become so common in the cryptocurrency industry lately. In fact, from 2009 to 2015, one-third of the cryptocurrency exchanges was attacked, and half of them were closed. We believe that this is due to a philosophical flaw that people can trade without knowing each other all the time. Hacks and attacks on crypto-conversions are developed as the industry itself.
SOLUTION PROPOSED BY PLATFORMS
The EcoVerse team will solve the problem of self-sufficiency, described so far. The team’s mission is to create a first-of-its-kind self-sufficient ecosystem based on a block network. We will now discuss our solutions to these problems presented above.
Daily usability: EcoVerse is designed using a cryptocurrency system consisting of two main coins, each of which has different characteristics and functions. EcoVerse-X (ECX), pegged to a fixed currency (for example, US dollars), is intended for daily use. According to Thomas Euler’s proposal on the structure of classification markers [7], ECX attributes include:
- Technical level: Blockchain Native.
- Target: network token.
- Base cost: with asset support.
- Utility: use token linked to Fiat.
- Legal status - Utility.
- Technical level: Blockchain Native.
- Purpose: cryptographic.
- At the core: Network token.
- Utility: inter-target connection token.
- Right: cryptocurrency.
EcoVerse will release ECX in exchange for ECR, which can then be used for goods and services in the EcoVerse economic ecosystem.
1. Universal applicability: EcoVerse will develop a wallet that conveniently converts ECR to ECX in real time. ECX should be used as comfortably as credit cards. Also, the EcoVerse platform will reach the terminal terminals, which can even be located in a small shop "mom and pop." This is done so that ordinary people can freely use our service.
2. Economic solutions:
Gini coefficient and consensus algorithm : the Gini coefficient of curvature with almost complete inequality will be the destruction of cryptography. However, this distribution bias error is only a natural consequence of its consensus algorithm. The consensus algorithm has two functions: the operational stability of the network and the distribution of its wealth (or seignorage). Network operational stability is critical. Block generation and account management must be performed by a proxy. That is why such a large economic incentive is given to block producers.
To cope with this problem, we use artificial intelligence to ensure stability. Then, to manage the distribution of wealth, only a consistent algorithm is needed.
3. Philosophical and socio-psychological decisions. We have stated that hacks and attacks are likely to occur when people carry out their economic activities without knowing each other. However, if people build their name and honor in the system, the number of hackers and attacks will be quite well reduced.
To find several levels of satisfaction by type of people, we chose Spiral Dynamics Value Meme with an integral theory. Implement several incentives based on the spiral dynamics of the Value Meme.
BUSINESS MODEL
The EcoVerse Framework is designed to provide the necessary technical support and training to facilitate development for all DApp developers / developers who participate in the dApp world, offering a variety of tools. Consultants and educators will be available to those who want to participate in the dApp world to develop their business models, service mechanisms and reward systems based on the SDICMD (Spiral Dynamics Incentive Compatible Mechanism Design) development methodology.
Various launch events will be provided to discover services that can support ecosystem growth. The Foundation will incubate entrepreneurs with new ideas and products so that they can be successfully implemented in the ecosystem. The fund will use an incubation fund for business partners and dApp developers. It will also conduct various funding activities to support dApps, including air drops, which are necessary to increase the number of users of dApp services.
For example, the Foundation could buy tokens created by the selected dApp and transfer them to all EcoVerse users for free. This will significantly increase dApp users. The cost of such flights will be restored within a certain period of time with the help of a dApp service fee.
Ubuntu economy:
Ubuntu comes from the Nguni proverb "Umuntu ngumuntu ngabantu", which literally means "I am, because we are." Ubuntu emphasizes the importance of community, solidarity, care and sharing. This worldview (Ubuntu) stands for a deep sense of interdependence and emphasizes that our true human potential can only be realized in partnership with others (Ngcoya 2009).
Ubuntu is based on internecine between people and the idea of community. EcoVerse is based on the concept of human Ubuntu in relation to others and our neurobiological need for communication. Ubuntu's economy is our community vision for members of all cultural and social trajectories, where each person can influence the sense of being connected to others in our common humanity, and where all attitudes and levels of behavior or actions rise to a higher plane. The philosophy behind EcoVerse is the concept of empathy and community building for the greater benefit of society outside the economic and financial freedoms or benefits that our platform offers.
DETAILS TOKEN
- Token symbol: ECR.
- Token Type: ERC-20.
- Token Price: 0.50 USD.
- Payment method: ETH.
- Total token: 2,500,000,000 tokens.
- Country: South Korea.
CONCLUSION
The proposed EcoVerse is the first self-regulatory platform in history using AI-DPOC (artificial intelligence support provided evidence of input). EcoVerse provides daily usability and versatility, improving transaction
time , security, and connectivity. The platform aims to achieve the goal of hundreds of thousands of TPS in the real world with less than TFT in 2 seconds, which we consider the highest limit for the adoption of cryptocurrency in daily activities .
For more information about the platform, as well as for questions, or you have ideas for innovating the project of the platform, you can contact the team by clicking on the social links below;
WEBSITE: https://ecoverseglobal.io/
FACEBOOK: https://www.facebook.com/ecoverseglobal/
TWITTER: https://twitter.com/ecoverseglobal
TELEGRAM: https://t.me/ecoverseglobal
ANN: https://bitcointalk.org/index.php?topic=5061863
REDDIT: https://www.reddit.com/user/ecoverse_official
Username : Ozie94
ETH : 0xDa2F65ea0ED1948576694e44b54637ebeCA22576
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