Enecuum is a new blockchain technology, designed to deliver unmatched efficiency, security nd global scalability. We believe in relentless evolution of systems and societies. Enecuum will push the boundaries of innovation and make blockchain technology ready for mass adoption.
Enecuum, a blockchain mobile network for decentralized applications which is able to bring blockchain and cryptocurrencies to the real mainstream, involve mobile devices users into a blockchain network, and provide powerful toolkit for the dApps developers to create fast and low cost applications WEB 3.0 for millions of people.
Enecuum blockchain technology, designed to deliver unmatched efficiency, transparent governance and global scalability and make blockchain technology ready for mass adoption.
Since the first generation blockchain was in introduced like the Bitcoin and ethereum, and blockchain technology happens to be the underlying technology of these cryptocurrencies, it has opened up new prospects for evolution of the the world economy. The subsequent uprising of smart contracts, which helps in facilitating credible automated transactions on pre-determined conditions, significantly expanded application potential of this technology. We strongly believe that blockchain is capable of revolutionizing many areas of financial and economic activity, such as trade, financial markets, voting and even logistics.
Today the world billionaires, firms, industries, and leading institutions compete to develop the best solutions. The largest banks and corporations are forming consortiums, while governments are involved in a way to create appropriate legal framework to support the technology.
First generation blockchain solutions like Bitcoin and Ethereum being amongst the most prominent of them, are already providing giant opportunities for the application of the blockchain technology in combination with smart contracts. Nevertheless, for further development and mass adoption of this technology, So, it's therefore necessary to overcome a number of problems that can be grouped into these three categories, and they include;
scalability,
security and
privacy.
But we would just talk more on scalability.
Scalability
A very big demerit of a decentralized blockchain system is has a limited bandwidth. In fact, we know that existing consensus-building mechanisms utilized by the distributed ledgers system present a trade-off between a large number of transactions per second and degree of network centralization. And also with more transactions on the blockchain, it becomes slow and expensive.
Thus, the desire to increase the number of processed transactions often leads to growing risks associated with the system reliability. Besides, as the size of a blockchain grows, it requires more disk space, a stronger Internet connection and higher computational power. All this may result in a decreasing number of full nodes and have a negative impact on the security of the entire network .
Use cases with can drive Mass adoption for Enecuum
If a project is ready for mass adoption, they are certain use cases that are available for the general public.
What problems are you solving? Why is the project different from other blockchain projects, these are requirements that's drives adoption.
Easy for Developer to build
The Enecuum smart contracts are implemented in JavaScript language, this will make it super easy to write for any web developer, thus cost of their developing is likely to decrease significantly. In addition, the linear logic helps eliminate possible potential risks in smart contract code and helps minimize the risks of been hacked, so therefore we can say, there's high security in Enecuum.
Enecuum also aims to permit complex calculations that require high computational power without increasing workload on the main Enecuum branches (useful for neural networks training, scientific calculations, rendering computer graphics, JS libraries, etc).
This means that in the future users may build on top of the Enecuum Blockchain such services as decentralized hostings, cloud data storage services and content delivery networks.
Zero Transactions fees
Enecuum proposes zero transaction fees for a decentralized microtransaction service, and very low fees per transaction in case of a centralized microtransaction services that involve a lot of data from a single device. All generated data can be stored in blocks as transactions’ payload.
We believe this is a perfect use of Enecuum’s functionality
Reference: Enecuum whitepaper.