“Ether Zero” from Singapore,Speeds Up the DAPP Development by MPOS Algorithm

January 18, 2019 - 14:32
“Ether Zero” from Singapore,Speeds Up the DAPP Development by MPOS Algorithm

SEOUL,SOUTH KOREA - Media OutReach - 18 January 2019 - EtherZerogeneral intelligent contract platform is 100% compatible with Soliditylanguage. There is no service charge for developing DAPP, deploying intelligentcontract, and initiating transfer transaction; Masternode +POS consensusalgorithm mechanism enables TPS to be over three orders of magnitude and theMasternode system can make EtherZero easily achieve the function of real-timetransfer; With a high degree of community autonomy, all Masternodes caninitiate community proposals, vote and participate in community construction.




MPoS consensusalgorithm. This consensus algorithm is characterized by the adoption of thescheme of the Masternode, which replaces the EOS21 super node and lowers thenode entry threshold. As long as having 20,000 EtherZeros and a cloud server,everyone can easily participate in the mining of the Masternode and have rightsto vote in the autonomous community.


MPOS is short for Masternode + POS. It has aMasternode that can replace the 21 super nodes of EOS.


MPOS can approve or disapprove creating blocksand record additional votes in the block. In the case of transaction validity,it needs to reduce the difficulty in block generation and maintenance costs bydownloading and only checking the changes of the number of blocks.


In terms of security, MPOS system has theadvantage of increasing security because it cannot set off transactions and thenumber of users will increase unless 51% of the entire network is controlled.


In addition, the Masternode facilitates theoperation of EtherOther, so that the same compensation can be obtainedaccording to the protocol. Etherzero issues 12 million coins a year, accountingfor 75% of the total, and about 9 million ETZs are rewarded.


After EtherZero was launched on mainnet onAugust 3, 2018, as of January 17, 2019, the number of Masternode reached 628,and the smart contract address was deposited into 12.5 million ETZ. In January,the code was optimized and updated. At present, the block output can reach1-1.5s. The mobile version EASYETZ 2.0 is newly released and embedded in theDAPP application market, and the ecological layout will enter a new step; Asthe first stop of EtherZero's global strategic blueprint in 2019, South Koreais about to start a new chapter.


E-paper