Ethereum solves Bitcoin’s problems with a few changes in the way its blockchain is structured.
First, Ethereum uses a complex data structure called a Merkle Patricia Tree to store a tree of program states, allowing for quick modification and verification of the various states required to execute an ICO
https://coindelite.com/ico-list.php. Instead of only containing a transaction ledger, the Ethereum blockchain’s multiple program states allows for the execution of smart contracts that automatically calculate the number of funds raised, verify and confirm transactions, and distribute new tokens upon the completion of the crowdsale.
Second, Ethereum is Turing-complete, but it uses something known as “gas” payment to process the instructions in a program code. Gas provides incentives for people to supply their own CPU power to execute the programs on the Ethereum blockchain. If a program runs out of gas, it will be aborted. This prevents infinite loops and DOS attacks against ICOs, as every execution is eventually terminated. As a result, ICOs are more secure on Ethereum, and an attacker can’t deny service to your crowdsale based on a denial of service attack.
Finally, Ethereum’s Greedy Heaviest Observed Subtree (GHOST) protocol allows for faster block creation times without compromising blockchain security, meaning ICO transactions get processed faster. When you’re dealing with a crowdsale of new tokens, this means transactions can be verified and added to the crowdsale total quickly. Later, distributing the new tokens also occurs quickly without sacrificing the integrity and security of the blockchain.
An awesome Ethereum based ICO know as
SET (Save Environment Token)SET (Save Environment Token) https://www.set4earth.io/is an upcoming cryptocurrency dedicated to saving the environment by reducing the overall carbon footprint. Something that I liked about this platform is that it’s not focused on profits, but is a way to protect and give back to the community.
The coins are called SET. These coins are acquired by purchasing or renting Wardwizard’s eco-friendly product, the parent company of SET. What I liked about their business model is that they are offering third-party manufacturer integration as well. Users who purchase these products through the SET token receive additional discounts.
Seeing multiple companies focusing their efforts and resources towards saving humanity brings a sense of relief. However, it will take years of continued hard-work to see significant changes in global temperatures and pollution levels. At least we are on the right path.
You can visit its Bitcointalk Thread:
https://bitcointalksearch.org/topic/bountysave-environment-tokenset-190k-worth-of-set-tokens-join-now-4361604Save Environment Token’s Team is giving 1 Million (~$190k) SET Tokens for Bounty programs. The Bounty program will run until the November 4th, 2018. We invite you to participate in our bounty campaign to support Set4Earth and to build a powerful community.
To register bounty program, please click here:
https://goo.gl/PMK8Kj