Garrett Camp announced plans to release his own Eco cryptocurrency, TechCrunch reports. The digital currency will be distributed globally and will be used as a means of payment for daily transactions.
According to Camp's plans, 1 trillion will be released in the first wave. tokens. The first billion registered users will receive 50% of them, 20% will be sent to consultants and strategic partners, 10% will be sent to the Eco Foundation, which will be responsible for creating and maintaining the network. The remaining 20% will go to universities with trusted nodes.
The test launch of the Eco network is planned to begin at the end of this year; registration on the platform is now available.
The ecosystem will be distinguished not only by the huge start-up capital, but also by the use of only verified nodes to confirm transactions and support the network. There will be no anonymous transactions in Eco.
In addition, Camp plans to create an energy-efficient cryptocurrency by eliminating the miners that support the platform.
According to https://techcrunch.com
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