ETCV is an abbreviation of Ethereum and the ticker (symbol) of the new digital asset that will be created as the result of the planned hard fork.
Why Ethereum Classic Vision?
Ethereum Classic Vision combines all three features that a truly successful blockchain
must have: decentralization, scalability, and security. It offers a number of significant
advantages over ETH, ETC, and BTC:
- Proof-of-Stake
A more efficient, secure, and profitable mining protocol that will keep the network fully decentralized.
- Sharding
ETCV network will be able to process 25000+ transactions per second as compared to just 25 in ETH.
- Fair rewards
ETCV miners do not need to worry that their reward will be arbitrarily lowered – in our system, miner and trader interests are carefully balanced.
- No rental storage fee
Launching a smart contract will incur a minimal one-time fee; unused contract can be placed in temporary sleep state as a result of a vote.
- IPFS integration
Cheap decentralized file storage for your dApp.
Ethereum Classic Vision is a hard fork of Ethereum that leverages the best of both worlds – true decentralization of Ethereum Classic and cutting-edge protocols developed for ETH, such as PoS mining and sharding. With its immense scaling potential, high speed, and great rewards for miners, Ethereum Classic Vision is the ultimate answer to the current challenges of the market. During the upcoming hard fork on January 11, 2019, all Ethereum holders will receive 3 ETCV for each ETH in their personal wallets.
Whitepaper: https://ethereumcv.io/whitepaper.pdf
Website: https://ethereumcv.io/#subscribe
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