BitMax.io [BTMX.com], the industry leading next-generation digital asset trading platform, and EtherZero, a smart contract platform for developers, have established a strategic partnership. EtherZero [ETZ] will be listed on the BitMax.io and trading begins on April 19th, 2019.
What is EtherZero?
EtherZero is a hard fork on Ethereum and provides high scalability, instant payment, and zero-cost decentralized platform for developers to deploy smart contracts and DApps. The advantage of instant transactions and zero fees make it an excellent platform for DApp development.
EtherZero supports very high transaction volumes with fast verifications. It can process 1,400 transactions per second.
Instant payment: It’s unnecessary for developers to worry about network congestion or transaction delays when deploying DApps. Block generation speed could be lower than one to three seconds thus reducing confirmation time.
Zero transaction fees:
Whether developing a DApp, deploying a smart contract, or launching a transaction, there are zero transaction fees. The EtherZero system uses Power to ensure the operation of zero common transactions. Power is an EtherZero-origin native currency generated on the MPoS mechanism. It is not tradable or transferable and is only used for the consumption of Gas in transactions.
Innovative MPoS consensus algorithm:
MPoS is the abbreviation of Masternode plus PoS. The MPoS consensus algorithm integrates a Masternode system with Proof of Stake in a two-tier network. This makes the platform fair and more decentralized. As long as participants have 20,000 ETZ coins and a cloud server, they can join in masternode mining and have the right to vote in the autonomous community.
A high degree of community autonomy enables all masternodes to initiate community proposals,