The project EtherZero announced the launch of the blockchain for a wide audience

The EtherZero project, which developed the Ethereum fork with zero commissions, announced the launch of blockchain and ETZ tokens for a wide audience.

The mechanism of consensus MPoS (masternodes + proof-of-stake) is implemented in EtherZero. To launch the master codes, the user needs to have at least 20,000 ETZ in the wallet ($ 2,300 at the current exchange rate). Masternoda keeps a complete copy of the blockchain and generates blocks in exchange for a fixed regular income. Masternody owner must support the work of his server around the clock and have enough space to store the entire blockchain.

“EtherZero is focused on solving current problems and creating a fast, affordable and easy-to-use platform for blockchain startups. After working on a number of serious projects for our clients, we realized that EtherZero was slow in its development, low efficiency and high fees for fulfilling smart contracts kill many promising startups. Therefore, we have created a hybrid consensus MPoS protocol, ”the project representatives say.

For the first time, an EtherZero network with MPoS protocol was launched in August 2018. It processes 1400 transactions per second, while Ethereum is 15. The average transaction time in EtherZero is 1 second. The developers claim that the MPoS consensus algorithm protects the system from most attacks.

“All transactions are completely free, which creates an ideal environment for developing new complex blockchain projects, ” say the developers.

EtherZero is backward compatible with all Solidity smart contracts. Thus, any contract developed for the Ethereum network can be easily imported and deployed on the EtherZero blockchain. During testing, developers successfully imported a number of Ethereum-based applications into EtherZero: decentralized exchanges, smart token emission contracts, investment applications, and games.

EtherZero has a block browser, browser and mobile wallets, a cryptocurrency exchange, steellcoin, e-commerce applications and an OTC platform.

“The combination of high performance and zero commissions makes EtherZero the ideal environment for any blockchain projects. The network is running smoothly since its launch, while ensuring the highest level of security, ”the developers report.

ETZ tokens will be available for trading on EXMO on April 15.

The project team encourages users to ask questions and participate in discussions in Telegram , Facebook and VK groups.

Recall, the official hardfork Ethereum was postponed in January due to the discovered critical vulnerability.

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