In accordance with the main purpose or fixed design of this article, I will tell you a brief introduction about the block chain.

A blockchain is a growing list of entries, called blocks, that are associated with the use of cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (usually represented as a tree hash hash)

By design, the block circuit is resistant to data changes. This is “an open distributed book that can effectively and controlledly make transactions between two parties.” For use as a distributed book, the block chain is usually controlled by a peer-to-peer network, collectively adhering to the protocol for interworking -node-communication and checking new blocks. After recording, the data in any given block cannot be changed retroactively without changing all subsequent blocks, which requires coordination of most networks. Although blocking entries are not immutable, block schemes can be considered design-protected and illustrate a distributed computing system with high Byzantine resiliency. Thus, a decentralized consensus was declared through the blockade.

Blockchain was invented by Satoshi Nakamoto in 2008 to serve as a public transaction book of cryptocurrency bitcoins. The invention of blockchins for bitcoins made it the first digital currency to solve the problem of double consumption without the need for a trusted authority or central server. Bitcoin design inspired other applications, and locks that are read by the public are widely used by cryptotermines. Private chains have been proposed for business use. Sources such as Computerworld have called marketing such block chains without a proper security model.

The first work on a cryptographically protected block chain was described in 1991 by Stuart Haber and W. Scott Stornetta. They wanted to implement a system in which the time stamps of the document could not be changed. In 1992, Bayer, Haber and Stornetta incorporated Merkle trees into the project, which made it possible to increase its efficiency by collecting several document certificates in one block.

The first blockchain was conceptualized by a person (or group of people), known as Satoshi Nakamoto in 2008. Nakamoto significantly improved the design using the Hashash method to add blocks to the chain without requiring them to be signed by a trusted participant. [6] The design was implemented next year by Nakamoto as the main component of Bitcoin cryptocurrency, where it serves as a public book for all transactions on the network.

In August 2014, the size of the bitcoin-blockchin file containing records of all transactions that took place on the network reached 20 GB (gigabyte). In January 2015, the size grew to almost 30 GB, and from January 2016 to January 2017, the bitcoin block rank increased from 50 to 100 GB.

A block of words and a chain of words were used separately in Satoshi Nakamoto’s original work, but by 2016, they were eventually popularized as one word, block lines.The term blockchain 2.0 refers to new applications of a distributed database of blockages, which first appeared in 2014. One implementation of this second-generation programmable flowchart comes with a “programming language” that allows users to write more complex smart contracts, thereby creating invoices that pay themselves when they send or issue certificates that automatically send dividends to their owners if profits reach a certain level.

As of 2016, blockchain 2.0 implementation still requires that a non-mapped oracle address any “external data or events based on time or market conditions that must interact with the block chain.

In July 2016, IBM opened an innovative research center on block targets in Singapore.In November 2016, a working group for the World Economic Forum was held, where the development of management models related to the block chain was discussed.

According to Accenture, the application of the theory of the spread of innovation suggests that the blockins reached a level of 13.5% in financial services in 2016, so they reach the stage of early adoptions. Industrial trade groups joined together to create the Global Block Chain Forum in 2016, at the initiative of the Chamber of Digital Commerce.

In May 2018, Gartner discovered that only 1% of CIOs indicated any blockages in their organizations, and only 8% of CIOs were in the short-term “planning” or [looked at] active experiments with a block chain.

In connection with the movement of this article, today! I will present to you a specific undisputed project called EcoStart

WHAT IS EcoStart?

The core of the platform is the cryptocurrency TECO, which is generated using the “Proof of Importance” algorithm.

EcoStart will become a reliable platform for creating applications for financing in green projects, in the field of ecology and exchange of economies.

Our goal is to increase investment in green projects and tokenization of investment activities.

EcoStart Blockchain has all the necessary characteristics for this:

• Fast transactions at a speed of 100 K transactions per second

• Mobility

• Transparency

• Democracy

• Lack of intermediaries;

• Energy Saving Test Protocol (up to 100 times less than for Bitcoin)

• Low transaction cost

• Smart contracts with new advanced features and tools to create it.

EcoStart KEY GOALS

EcoStart WORKS

EcoStart uses blocking technology to simultaneously solve several tasks: from creating fundraising services to recording information about customers’ trading operations and selling tokens in the ICO. Thanks to the transparency aspect of the lock technology, customer confidence in EcoStart reaches amazing levels.

EcoStart Ecosystem has demonstrated the integration of TECO cryptocurrency to ensure the implementation of all ecosystem services with it. With the increase in transactions and actions on the EcoStart platform, and the higher the participation of buyers and sellers of cryptocurrency, the more benefits all participants will receive.

The development of a cryptosinger as a channel of communication also opens up environmental enthusiasts for a convenient and functional way of communication in the ecological community, while ensuring maximum confidentiality and anonymity.

EcoStart FEATURES

Monitoring in minutes. The participant enters the geoportal — selects a point — and he sees the real ecological picture in the selected region.

2) Simple fundraising for environmental projects

Without banks, bureaucracy and significant costs.

3) Each member of the community will be able to create their own applications for environmental projects.

Application logic will provide intelligent contracts and integration with third-party resources — an open API for developers.

4) Part of the commission from the TECO transaction is automatically sent to the environmental fund

When community members carry out financial transactions among themselves, the commission from these operations replenishes the investment fund (IEF), which finances green projects.

EcoStart ROADMAP

ICO: 10.12.2018–31.01.2019 | Price: 1 TER = $ 0.1 USD

TerraEcocoin TECO is a private cryptocurrency, the only one in the world that financially supports environmental projects in automatic mode. TerraEcocoin, in the hands of investors and entrepreneurs who finance environmental campaigns, will see an increase in the attractiveness of capital for environmental projects and an environmental audience that have specific goals in the implementation of environmental projects.

EcoStart, together with IEF, will see the consolidation of funds in Cryptotics and is allocated for the implementation of environmental projects in the form of grants and investments approved by the majority of TerraEcocoin coin holders.

Callouts are issued in one or an accelerated issue for a specific project and are approved by the Ecostart platform, consisting of an expert community of authorized trackers.

In my own perspective, I see EcoStart as an innovative, incomparable and undisputed project with beautiful vision and unique ambitions that will be the most intelligent and relevant projects in the near future around the world.

CONCLUSION:

Many projects are currently being created in different countries, but not many of them have solid standards and good qualities, as EcoStart does.

Information:

WEB SITE: https://eco-start.com

WHITEPAPAPER: https://eco-start.com/docs/pdf/wp_en.pdf

ANN TREAD: https://bitcointalk.org/index.php?topic=5079313

TWITTER: https://twitter.com/start_eco

FACEBOOK: https://www.facebook.com/ecostart.eb.9

TELEGRAM: https://t.me/ecostart2018