Ether Zero Whitepaper

This document describes EtherZero or ETZ as the evolving platform for the implementation of a general
smart contract development, with 0 transaction fees, high transaction processing capacity, near realtime transactions. By utilizing ETZ platform, developers can build more general-purpose decentralized applications, these
applications can revolutionize current narrow scope of financial and commercial applications, ETZ can
help blockchain and decentralized-services to reach a wider range of people and services, ETZ will
change blockchain application industries. EtherZero extends the Gas mechanism of Ethereum, and extends the concept of Power on the basis of
it, giving each account access to network resources that are positively correlated with the amount of
coin it holds, and the speed of reply when such access is used. Thus, the characteristics of zero
transaction fee are carried out safely through mitigating possible attacks or hacks. Based on the knowledge of Masternode and PoW double-layer network and distributed autonomous
architecture nature of DASH Coin and Clique protocol from Ethereum’s Proof of Authority Rinkeby
testnet, an EtherZero consensus algorithm called MPoS (Masternode + PoS) is designed and
implemented. This consensus algorithm enables standard transaction exchanges between accounts as well as
empowering the community with autonomy to run masternodes. A pre-requisite to be a masternode
participant is to hold an agreed amount of EtherZero coins and running it on a performance-compliant
hosted server. Currently, based on network parameters such as MPoS consensus and properly set out
block time, EtherZero can achieve a high degree of decentralization with a high number of masternodes
and with transaction processing capabilities of above 1400 TPS.

Ether Zero Website
Ether Zero Whitepaper

Social