2Ether ecosystem: mining, DEX, audit and IEO
Only 5 days left until the launch of 2Ether! In just a few days, you’ll be able to get your free ET2 coins. It’s time to go over the main elements of our ecosystem and its advantages. 2Ether is not just a cryptocurrency — it’s a set of tools that will deliver real value to the crypto community.
Our project includes several important parts:
1) ET2 coin. It’s a coin based on Ethereum, and it uses PoW mining. We are not in a great hurry to transfer to PoS, because we think it will take a few years until the technology is good enough. What we will do differently from Ethereum is use a different block reward system. First, we’ll have an algorithm in place that gradually reduces the base reward. Instead of a group of developers making the decision, the inflation in 2Ether will decrease automatically. In the future, our block reward will also be adjusted by price. So when the price of ET2 goes up, the block reward will go down a bit. And when the market is slow, the reward will get higher to make sure that miners don’t leave the network. This will prevent the cycles of boom and bust that we see with other cryptocurrencies.
2) 2EtherDEX — a decentralized exchange. We believe that decentralized exchanges should be affordable and democratic. It shouldn’t cost thousands of dollars to list a token on a DEX. On the other hand, we don’t want shitcoins on our exchange, either. So we’ll have a community evaluation system in place. Our users will study the submitted projects and decide if they are good enough to be listed. We’ll also charge a listing fee of about $300 to discourage random scammers and hackers.
On 2EtherDEX, you’ll be able to trade assets issued on several blockchains: Ethereum, Bitcoin, EOS, and TRON. We are keeping an eye on the latest developments in interoperability, so we hope that in the next couple of years it will also become possible to do cross-trading between blockchains.
3) IEO launch platform. IEOs have become extremely popular, but exchanges have also started to abuse them. Often, an exchange will charge many thousands for an IEO and then fake trading volumes. Or the exchange won’t bother to promote the IEO in any way, so that no tokens are sold — but it will still keep the fee. Exchanges always win, and they don’t care about the result that much. On 2Ether, we’ll do things in a more fair way. Registering an IEO will be very cheap, but the community will have to approve it. We’ll focus on projects that propose something valuable — for example, in the field of blockchain infrastructure, IoT or AI. If they pass the evaluation, they already have a ready audience among the community.
4) Free smart contract audit. Blockchain projects need to pass a smart contract audit to have the confidence of their investors. Any vulnerability in the code can allow hackers to steal users’ money. Unfortunately, blockchain audit companies charge at least $5000 for this service. We want to change this model with 2Ether. For the first time, we’ll offer free smart contract audit — both automated and community-run. Projects will be able to have the most advanced automatic checks of their code and a report prepared by the developers among our community. The auditors will earn rating points for this. For an additional fee, it will be possible to order manual audit on different levels. It’s not some security firm that will profit, but the users of 2Ether.
These are the four main elements of our roadmap. Remember that you can get 2Ether coins FOR FREE in our massive airdrop. To learn how to do that, see our official website. And remember to follow 2Ether on Twitter for the latest updates on the airdrop!
Web site —https://2ether.com/
Twitter —https://twitter.com/2Ether_
Discord —https://discord.gg/TuqG4py
Facebook —https://www.facebook.com/2Ether/
Reddit —https://www.reddit.com/user/2Ether
Medium —https://medium.com/@2ether
Teletype —https://teletype.in/@2ether
Telegram —https://t.me/ether2support
Telegram chat —https://t.me/blockchain_2ether
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