Avalanche + Ethereum = ATHEREUM

 

 

... ATHEREUM ...

 

As a result of the research, which is the working proof of the networks launched by Ava Labs in 2015;
> 58% of Bitcoin nodes are located in data centers.
> Ethereum nodes have a more dispersed structure.
> We have a very wide network
appeared...

 

Due to the small size of the area controlling the Hash power, it turned out that 51% attacks on the Bitcoin & Ethereum networks could be carried out & even the chain could be rewound. Of course, the feasibility of these attacks points to centralism.

 

Sample;
> ''51% attack threat'' from craig wright
https://en.cryptonomist.ch/2018/11/15/threats-from-craig-wright-against-bitcoin-btc/

> Binance CZ offers ''Bitcoin network rollback''
https://www.coindesk.com/binance-may-consider-bitcoin-rollback-following-40-million-hack

 

On the other hand, business evidence has a huge environmental cost. Blockchain technology is constantly being criticized for its high energy use. The examples I have given above create new reasons for critics.

 

As you know, energy consumption depends on the type of Blockchain and the type of consensus mechanism.
As an example, Bitcoin & Ethereum proof of work; POW causes high energy consumption. Because fewer participants have the right to include the next transaction block in the common network data history. The amount of energy consumed is more than the energy consumption of countries such as Greece, Switzerland and Portugal. https://www.cbeci.org/comparisons/

'' In short, Nakamoto consensus consumes a huge amount of energy.''

 

Naturally, environmentalists are rebelling and they are right. This is a very troublesome situation for the world.

 

So how can we prevent these negative headlines?
> Of course, with the efforts of conscientious scientists.
> Developing technology instead of copying and pasting.

 

A name stands out here. Prof.Emin Gün Sirer...
He announced the name of his project at DEVCON5.

 

ATHEREUM...

At its core is a very simple idea.
Use the Avalanche consensus protocol with Ethereum adapt.
Avalanche + Ethereum = Athereum

 

At the moment, the testing network continues to experiment and develop. According to the data received, it is an incredibly fast system.
In seconds, 3000 & more decisions can be made. It is possible to include thousands of participants in the network & can accommodate all existing nodes. This means that it will use less energy as environmentally friendly. Participants can protect the network & make decisions. Athereum also protects all community tools (Robustness, MetaMask, Remix, etc..) The Athereum can withstand attacks of 51% & greater. Today, all applicable contracts will be applicable to the Athereum.  This feature gives us a very fast and scalable network.

 

To be continued...

 

--Resources--
> https://www.youtube.com/watch?v=bsu770GEkdY

> https://www.avalabs.org/