Kamis, 27 Juni 2019

Decentralized EPIC CASH MONEY Hard Money is Mined Through the Consensus Algorithm

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An open blockchain's well-working depends on satisfactory decentralization, yet the ascent of mining pools that give chance sharing prompts centralization, raising doubt about the feasibility of such frameworks. We demonstrate that mining pools as a money related advancement altogether fuels the weapons contest and along these lines vitality utilization for proofof work-based blockchains.

In addition, cross-pool broadening and endogenous pool expenses for the most part support decentralization predominant pools better disguise the mining externality, charge higher expenses, pull in excessively less excavators, and in this way develops all the more gradually. Therefore, total development in mining pools isn't joined by over-convergence of pools. Exact proof from Bitcoin mining bolsters our model forecasts, and the financial knowledge applies to other blockchain conventions and ventures having comparable attributes.

Epic Cash is the last point in the adventure toward genuine P2P web money, the foundation of a private budgetary framework. The cash means to turn into the world's best mysterious type of computerized cash. So as to satisfy that objective, it satisfies the three essential elements of cash.

Epic Cash intends to be the world's best type of advanced cash. So as to satisfy that objective, it must satisfy the three primary elements of cash:
1. Mechanism of Exchange : anything acknowledged as speaking to a standard of significant worth and interchangeable for products or administrations
2. Store of Value : can be spared, recovered, and traded sometime in the future, and of unsurprising worth when recovered
3. Unit of Account : the unit by which the estimation of a thing is represented and looked at.

Epic Cash looks to decentralize the system as fast as conceivable by advancing a mining environment that incorporates whatever number equipment types as could be expected under the circumstances. Consequently, Epic mining is accessible to CPUs, GPUs, FPGAs, and ASICs, utilizing at first four separate hashing calculations: RandomX, ProgPow, SHA3 Keccak, and CuckAToo31+.

Epic Cash expects to be perceived as the mechanism of trade partner to Bitcoin's perceived position as the decentralized store of significant worth pioneer. By reintroducing lost fungibility on a substantially more vitality proficient and environmentally inviting equipment spine, Epic Cash tilts the level of influence back for individual clients, as a distinct difference with ongoing bringing together patterns.

The blend of Bitcoin financial matters, game hypothesis, and demonstrated confirmation of-work equation with the best of contemporary blockchain innovation results in a trustless, permanent, and decentralized money that is adaptable, fungible, and that secures protection. The blockchain it keeps running on is open, open, borderless, and oversight safe. It protects the security and abundance of its clients and prizes the individuals who send their equipment in help of the system by means of mining. Each Epic is mined into reality by means of evidence of work. Supply starts at zero and the system is viewed as reasonable propelled, with a practical testnet at present running.

Epic Key Cash Facts :

1. Mining begins July 4, 2019.
2. Epic Cash is based on MW.

Defining features of the protocol are

a. Cut-Through : the removal of redundant information from the blockchain to promote space
efficiency, encourage wide scale participation in network validation, and steward
decentralization;
b. CoinJoin : the bundling of transactions within a block to promote the fungibility of the Epic
coin;
c. Dandelion++ Protocol : the verification of transactions by communicating across intertwined
channels, and diffusing across a broad network of nodes, severing connections between
transactions and their origin;
d. No Wallet Addresses : the use of a grand multisignature to generate single-use private keys for
transacting parties, doing away with the need for wallet address entirely.

3. Epic monetary policy is designed to synchronize the Epic Cash circulating supply with Bitcoin’s circulating supply in roughly nine years, and reach the same maximum supply of 21 million coins at the same time as Bitcoin in the year 2140. This deflationary policy guarantees transparency, predictability of supply, and scarcity, fostering the security of long-term value storage.
4. Mining which incorporates CPUs, GPUs, FPGAs and ASICs via corresponding RandomX, ProgPow, SHA3 Keccak and CuckAToo31+ algorithms, to facilitate mass adoption and network efficacy.

Technical Specifications
Block Time : 60 seconds
Block Size : 1 MB
Starting Supply : 0
Final Supply : 21,000,000
Genesis Block : July 4, 2019
Consensus : Proof of Work; CPU: RandomX |GPU: ProgPow | ASIC/FPGA: SHA3 C31+

Links to Project:

Website : https://www.epic.tech/
Whitepaper : https://docs.wixstatic.com/ugd/e1dfc6_6ae30e920bf54da48e0e14fb4d76566f.pdf and https://docs.wixstatic.com/ugd/e1dfc6_9ed62a5660d1427aa6f1518c97fc3837.pdf
Discord : https://discord.gg/nYcYbEN
Reddit : https://www.reddit.com/r/epiccash
Explorer : https://explorer.epic.tech/
Telegram : https://t.me/Epic04July2019
Ann Thread : https://bitcointalk.org/index.php?topic=5112108.0

Published by : assyfa
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1348503
My wallet: 0xCa53A32ab48cF8bA4eC4A494bA4e95ceC26Fe71d

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