Welcome to EtherifyEtherify is an exclusive decentralized layer-1 proof-of-work blockchainStage One: Strong decentralized community and platform with PoWDriving innovation in decentralized applications and empowering miners through a robust Proof of Work (PoW) mechanism. We are committed to building a strong, decentralized community and platform.
Decentralized InfrastructureA robust decentralized network that eliminates centralization, fostering enhanced security and autonomy across the ecosystem.
Proof of Work (Ethash)Leveraging the proven and secure Ethash consensus mechanism, ensuring both decentralization and reliable network performance through a battle-tested approach.
Incentivized TokenomicsA dynamic and rewarding block structure that begins at 100 coins, gradually decreasing over time to incentivize long-term network participation.
EVM CompatibilitySeamless deployment of smart contracts and decentralized applications (DApps) on the Ethereum Virtual Machine, enabling full interoperability with the Ethereum ecosystem.
Fair Launch (No Premine)A completely fair launch with zero premined coins, ensuring an equitable distribution of tokens among participants from day one.
Anti-Instamine ProtocolThe initial block difficulty is set to prevent instant mining, ensuring a balanced and fair coin distribution right from the genesis block.
Low Transaction FeesTransaction costs are kept minimal, allowing for affordable and efficient interactions within the network, enhancing both accessibility and usability.
Main Block-Only RewardsA streamlined reward system focused solely on main blocks, simplifying miner incentives and ensuring clarity within the network.
Coin AllocationWith an average block time of approximately 12 seconds, Etherify is committed to allocating all block rewards directly to miners without applying any Devfees. This reflects a high level of transparency and dedication to the mining community.
Out of the total supply, 42,336,000 ETY is exclusively reserved for community development and marketing strategies to support the growth of a sustainable and robust ecosystem.
In a single month, the network can generate approximately over 20 million ETY, and this amount will gradually decrease over time as detailed in the Tokenomics table.
Chain ID: | 1505 |
Mining Algorithm: | Ethash |
Consensus: | Proof of Work |
Block Time: | ~12s |
Block Reward: | begin at 100 ETY (view more at https://etherify.org/pow) |
Max Supply: | Infinite |
Ticker: | ETY |
Launch Date: | 18/Nov/2024 |
Stage Two: Smart Contract VisualizerOur mission is to revolutionize how smart contracts are created and deployed, ensuring blockchain technology is accessible to everyone. Central to this vision is the Smart Contract Visualizer, an advanced tool designed to eliminate technical barriers and simplify blockchain adoption. Our phased approach focuses on empowering individuals, businesses, and organizations through intuitive solutions, intelligent automation, and specialized deployment services.
Phase 1: Intuitive Drag-and-Drop DApps SystemWe offer an easy-to-use interface enabling users to design and deploy smart contracts through a simple drag-and-drop mechanism. This innovative system ensures that individuals with no programming experience can harness blockchain's transformative potential effortlessly.
Phase 2: AI-Driven Smart Contract DraftingFor more sophisticated use cases, our platform integrates AI technology to guide users in drafting complex smart contracts. By automating the process and providing smart suggestions, we ensure the contracts are accurate, adaptable, and tailored to meet specific needs, reducing errors and improving user confidence.
Phase 3: Smart Contract Deployment for EnterprisesWe support businesses with end-to-end deployment services, tailored to diverse industries such as supply chain management, digital agreements, decentralized finance (DeFi), and blockchain-based voting systems, etc... Our expertise ensures seamless implementation of blockchain solutions, enhancing transparency, efficiency, and security for organizations.
Phase 4: Advanced Private Contract SystemsExpanding our capabilities, we are developing a Private Contract System, designed for industries and organizations requiring confidentiality and data privacy. This system enables secure, permissioned smart contracts to operate on private or hybrid blockchain networks.
Comparison with Existing Global StandardsOur private contract system aligns with and improves upon solutions like Hyperledger Fabric and Corda, which are widely recognized for their focus on enterprise-grade privacy and scalability. By incorporating these best practices, we ensure a robust foundation for industries requiring strict access controls, such as healthcare, finance, and government services.
Our VisionWe are committed to democratizing blockchain technology by making smart contract creation and deployment intuitive, secure, and scalable. Whether for individuals exploring the potential of decentralized applications or businesses transforming operations through blockchain, our platform is designed to unlock endless possibilities.
Through innovation and a user-centric approach, we aim to lead the global transition toward a transparent, efficient, and secure digital ecosystem.
Join with us