CEZO

 CEZO is a decentralized OS infrastructure to enable full ecosystem.

#Cezo.io #bitcoin #cryptocurrency #blockchain #DeFi #bounty #money #btc #cryptotrading #trading

Introduction

One of the biggest obstacles to higher adoption rates of decentralized services stemming from the Blockchain network is bandwidth limitations and traffic congestion, which severely slows down computation and transaction speeds. This white paper will explain how the off-chain calculations offered by CEZO through the Linux system stands to solve many of Blockchain’s major issues, improve computation speeds, security, and the effectiveness of Smart Contracts.

Cezo OS

Off-Chain Computation Using Custom Linux Operating System For Reduced Blockchain Load and Faster Processing.Running on a system that functions on both off-chain and Blockchain, CEZO is meant to be a model that compensates for the slow computation and transmission of data via the traditional Blockchain throughput. It does so by providing a two-layer processing solution where simultaneous data processing such as those involving smart contracts are done via Blockchain nodes and nodes via CEZO.

In doing so, the dApp addresses the number perceived drawback of Blockchain services that prevents wider adoption of the technology in most sectors. This will also aid in the creation of new dApp services that are geared specifically towards providing additional computation speeds to both other existing dApps in the market and those that will spring up in the inevitable expansion of the technology’s adoption.

1. Scalability

As of now, there are significant hurdles with regard to scalability as it pertains to dApps. With the biggest concerns being security and decentralization, many platforms and developers struggle with widespread adoption. This applies to many areas, but most specifically in trading, financial transactions, and gaming. The problem becomes even more prominent during periods of high congestion, thus slowing transfers of data or token access even more.

2. dApp Definition

Decentralized applications are open-source platforms that operate autonomously with complete transparency and with no one single individual or special interest controlling the token contracts. Any changes, improvements, or shifts in use are agreed upon by the majority and all relevant data is stored in a decentralized blockchain network that is accessible to the public. Cryptographic tokens are the sole method of access, which are generated via cryptographic algorithms that represent contributing nodes that support the application.

3. dApp Value

Due to the nature of dApps, value is often dependent on the users with a few exceptions such as so-called Stablecoins. Treated as digital currency, Stablecoins are attached value in accordance with specific fiat currency. That is to say, if a particular Stablecoin is said to only be worth $1.00 USD per coin, this value will not change. In contrast, Bitcoin is worth as much as the market dictates, thus making it significantly more volatile.

4. Off-Chain Computation

One of the biggest challenges of blockchain is the issue of slow transaction speeds due to limits of computation power imposed by the multiple nodes that data has to go through. This is the price of security since every line of code is thoroughly checked, even ones that are done in chains that are off the main block.

5. Blockchain and Demanding Calculations

Security and privacy are two of the features of blockchain that makes the technology highly sought after. However, it comes at the price of processing speed. Due to the fact that data needs to go through so many nodes before arriving at the final destination, there is an implicit expectation that transaction speeds are going to be slow.

6. Linux Core for Blockchain Computation

A considerable number of today’s tech tools and applications are built off of the back of the Linux OS. As an open-source platform, it has become the core of many other ecosystems used by giant tech companies such as Google with its Android OS, as just one example. Blockchain is no different, with different services using Linux in different ways.

7. Smart Contracts

Smart contracts have been theorized for decades and was introduced in the mainstream in 1994 by Nick Szabo. However, it was not until the Ethereum blockchain was launched in 2015 that the idea became more widely recognized and used. The idea behind smart contracts is to create programs that would have their own executable codes and would have their own storage of variables that control access in the form of tokens.

MAIN BENEFITS

There are several main benefits that come with using the off-chain computation that is offered by CEZO, chief of which is reducing bandwidth load. There are many instances where it was suggested that less decentralization was the answer, but this is simply not the case. Off-chain computation provides a workable middle ground where calculations are done much faster and where they are dispute resolutions in place without completely centralizing.

Pooled Mining

Platform Bridge

Scalable Transactions

Major Big Data Potential

Reputation Management

Easy Execution Verification

TOKENS

Breakdown of our Token Recipients.

Mining rewards:36%

Team:25%

Public sale:15%

Reserve Fund:8%

Private sale:10%

Bounty and events:6%

TOKEN DETAILS

TOKEN NAME: CEZO

TOKEN SYMBOL: CEZ

SMART CONTRACT: 0xFEbc25f4c5fc3E90a7eFaE0b4d436A77c9e131B3

TOTAL SUPPLY: 9,900,000,000 CEZ

ROADMAP

Q1 2019

Problem research and initial Whitepaper draft

Q2 2019

Start of the ICO Whitepaper 1.0, internal testing

Q3 2019

Closed source code is ready

Q4 2019

Code inspection, testing and final verification

Q1 2020

CEZO token minting

Q2 2020

Advertising, bounty and ICO

Q3 2020

Showcase DApp running on CEZO OS

Q4 2020

Testnet

Q1 2021

PoS mainnet (mining support enabled)

Q2 2021

SDK, source code publishing

OUR TEAM

Manuel silva

Blockchain Developer

Anthony francis

CEO

David Cavalli

Frontend Web Developer

Peter Chen

Full Stack Engineer

Albert Morawski

Software Engineer

To get more accurate information, please visit the link below:

Website: https://cezo.io/

Twitter:  https://twitter.com/cezo_io

Medium : https://medium.com/@cezo_io

Telegram: https://t.me/cezo_io

Github : https://github.com/cezo-os

AUTHOR

Username: Gambangcity

Telegram Username:https://bitcointalk.org/index.php?action=profile;u=1855982

ETH ERC-20 Address: 0xbd4e6B6E19c55D117badfa5C218Ae03263df6072