Preparation of Energi Gen 3
Everything you need to know and how to prepare for Energi’s biggest milestone
As we are near in completion of our largest developmental achievement for Energi, we would like to discuss everything you need to know about Energi 3.0 and how to prepare for the big launch.
Energi Gen 3 and its Purpose
As technology continues to evolve at a rapid rate, cryptocurrency must become more secure, reliable and cross-functional. With our latest achievement in Energi, we will be able to expand Energi’s ecosystem far beyond any cryptocurrency out to date. We will launch Energi onto an Ethereum-based blockchain that allows cross-chain smart contracts, without the hassle of users required to do a coin swap. We believe we can make huge improvements to Energi as seamlessly as possible and still have Energi be trustless, decentralized and accurate.
So how will Energi’s smart contract platform compete with the likes of Ethereum, Tezos and other well-known cryptocurrencies? With the power of Energi’s Treasury (which is one of the largest within this space), Energi’s smart contract platform will allow:
- Ongoing payments for developers coming across — fiscal stability.
- Security [EBI] team protecting our users can be funded
- Energi X exchange can be funded by the Treasury [Centralized exchange with futures — More details on this coming soon!]
- Incubation lab support and services
- Governance/Consensus system that will allow users who stake Energi and/or own an Energi Masternode, to vote
- A seamless coin migration: trustless decentralized coin swap that will not require sending coins to a new Energi address
Energi Gen 3Expected Launch Date
Energi Gen 3’s snapshot block will be announced well in advance, before the exact launch time. Once Energi Gen 3 launches, whatever balances users have as of that block will be claimable on Energi Gen 3 by initiating a special smart contract transaction utilizing the private key from their current funds.
On the Horizon
10 years from now, Energi will be growing to the scale of some of the internet giants that have popped up in the dot.com era. With cryptocurrency being a powerful technology to be involved with and over time eventually will become a key piece of our future’s infrastructure, very much like the early platforms were an essential part of the internet today. Energi Gen 3 is a huge achievement for cryptocurrency today but will only be scratching the surface of what it can truly become.