Evanesco Monthly Report (2022 June)

Technology & Product

Fortress

Fortress MetaMask wallet version is being remodeled under the requirement of EVA2.0

Fortress vault based on Zero-Knowledge proof is under deployment.

Working on the EVA computing platform

Expanding POS range and Increasing RPC full nodes in EVA2.0

Market Dynamics

EVA team decided to expand the POS (Proof-of-Stake) validators range in the two-layer consensus algorithm (GPoW), and switch the EVA underlayer consensus algorithm to a privacy public-blockchain with POS attributes. In addition, the original POW nodes will be switched into EVA Layer0 routing nodes to transmit communication data and join in establishing the computing platform.

The EVA underlayer consensus algorithm tending to POS will provide stronger scalability, higher transaction performance, and a more economical stake method.

The article briefly talk about ‘Why expand POS?’, ‘What will happen after the switch?’, and ‘Timing and Plans’.

More details in below.

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Evanesco Team

Evanesco Team

Evanesco(EVA) is a unique financial protocol platform in the Web3 ecosystem that combines Layer0 network infrastructure with a private computing framework.