Blockchain Company of the Year - 2016

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79
ESPERS
by CryptoCC
Category: Blockchain Company Contest
2761
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http://bitcoinprbuzz.com/blockchain-company-of-the-year-2016/?contest=photo-detail&photo_id=6384
79
2761
Title:
ESPERS

Author:
CryptoCC

Category:
Blockchain Company Contest

Description:
Project Description We've recently undergone some changes in order to offer a more robust service and overall better end-user experience with the Espers blockchain as a service project which CryptoCoderz is conducting. Among the changes are a complete swapout from the old Espers chain (known on the forum and some exchanges as ESP1) to the new Espers chain based upon BTC version 0.10+ with a blackcoin reference implmentation for the PoS feature which is now a part of the chain. The new Espers chain includes both PoW and PoS running side by side providing users with what has been come to be known in the crypto scene as a "Hybrid" token. Being hybrid allows for both miners and holders to enjoy the chain while we finish development of end-goal features which is what Espers was started for in the first place. As a side note we have not forgotten about PoR or Proof of Reliability, it is merely still in development. Why switch to PoW/PoS CryptoCoderz Chose to have a swapout to Pos for several reasons; First,the original chain had multiple errors that required a source overhaul. therefore we used this opportunity to fix those issues while simultaniously increasing the functionality of upcomming solutions. Second,Proof of Stake has a chain stability and security that is unique to PoS, we seeked to take advantage of this to improve on our system. Finallyfrom the beginning we had hopes for a diverse distribution that anyone can be a part of. we could think of no better method of adding a more diverse distribution then utilizing the PoS system. Community The community behind Espers has proven to be one of the best communities we have ever seen. This is because in the first five days of the ANN being live, there has been over 313,060 views and 419 pages of replies. This Projects community is rapidly growing and the majority have shown that they believe in the project and will help out anyone who asks for it. CryptoCoderz is proud to be a member and developer of such a wondrous community and trusts this project to go very far. Algorithm HMQ1725 (Highly Modified Quark 17 algorithms 25 hash rounds) is a personal project and creation of Cryptocoderz. Made specifically for Espers HMQ1725 lays precedent for new hashing algorithms to be made, in particular "Scatter". Scatter is another algorithm that Cryptocoderz is in the process of creating, however due to the complexity of this project there is no date that it will be released, it is simply being worked on.
Description:
Project Description We've recently undergone some changes in order to offer a more robust service and overall better end-user experience with the Espers blockchain as a service project which CryptoCoderz is conducting. Among the changes are a complete swapout from the old Espers chain (known on the forum and some exchanges as ESP1) to the new Espers chain based upon BTC version 0.10+ with a blackcoin reference implmentation for the PoS feature which is now a part of the chain. The new Espers chain includes both PoW and PoS running side by side providing users with what has been come to be known in the crypto scene as a "Hybrid" token. Being hybrid allows for both miners and holders to enjoy the chain while we finish development of end-goal features which is what Espers was started for in the first place. As a side note we have not forgotten about PoR or Proof of Reliability, it is merely still in development. Why switch to PoW/PoS CryptoCoderz Chose to have a swapout to Pos for several reasons; First,the original chain had multiple errors that required a source overhaul. therefore we used this opportunity to fix those issues while simultaniously increasing the functionality of upcomming solutions. Second,Proof of Stake has a chain stability and security that is unique to PoS, we seeked to take advantage of this to improve on our system. Finallyfrom the beginning we had hopes for a diverse distribution that anyone can be a part of. we could think of no better method of adding a more diverse distribution then utilizing the PoS system. Community The community behind Espers has proven to be one of the best communities we have ever seen. This is because in the first five days of the ANN being live, there has been over 313,060 views and 419 pages of replies. This Projects community is rapidly growing and the majority have shown that they believe in the project and will help out anyone who asks for it. CryptoCoderz is proud to be a member and developer of such a wondrous community and trusts this project to go very far. Algorithm HMQ1725 (Highly Modified Quark 17 algorithms 25 hash rounds) is a personal project and creation of Cryptocoderz. Made specifically for Espers HMQ1725 lays precedent for new hashing algorithms to be made, in particular "Scatter". Scatter is another algorithm that Cryptocoderz is in the process of creating, however due to the complexity of this project there is no date that it will be released, it is simply being worked on.