Professional Documents
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White Paper
Evangel Program
Contents
Abstract ............................................................................................................................................. 2
Background ....................................................................................................................................... 4
Consensus Mechanism.................................................................................................................... 16
Nodes Selection................................................................................................................ 16
Block Production............................................................................................................... 16
Multi-chain Concept........................................................................................................................ 25
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EVA white paper
Abstract
applications in a wide range and involving it into our lives. Our team
believe that so far the main task is to establish a stable, fair and
model to raise available EVA tokens from all token holders to gather
model makes token holders into investors who can benefit from project
investment. People get rewards and thus the process of fund-raising itself
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EVA white paper
chains especially those supporting EOS can be integrated into the EVA
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EVA white paper
Background
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EVA white paper
choice for us, besides, EOS follows MIT licenses and offers probability
EOS advantages
Current Problems
EOS platform, the larger the share of EOS tokens they have, the more
occupy. For the applications users, they can access the Blockchain apps
team will need the fund to occupy certain share of tokens to get system
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EVA white paper
advantage of the EOS tokens and seize more resources in the competition.
Monopoly
Our Solution
EOS lease application which aims to raise available EOS tokens to collect
in which we will add some improvements after cloning the EOS base
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EVA white paper
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EVA white paper
Fund-raising Model
EVA adopts the same resource allocation model as EOS, the more
EVA tokens the application developers hold, the more system resources
they can possess. The EVA tokens are pledged instead of consumed in
the fund-raising model to gather all available EVA tokens from token
holders and supply the most system resources for the DAPP developers.
Obviously, the method we put up can prevent the monopoly in the system
platform and make up for the fund shortage issue that any DAPP
Based on the justice and open nature for all the DAPP developers,
they can win the competition depending on the services and ideas rather
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EVA white paper
Fund-raising Process
into the investors which will benefit from revenues through participating
by the project team and, in fact, it’s a new pattern of leasing model.
the total amount and rate of return, pay a deposit to start the fundraising,
our platform will lock the deposit till the whole process ends.
During the fundraising period, the EVA token holders will be given
the option to invest the projects according to the projects’ rate of return,
can have their EVA tokens back the same way if the total raised amount
doesn’t reach the expected fund goal after the funding cut-off date. For
the projects which reach the fund goal, the platform will automatically
return the EVA tokens and the profit to the investors. The entire
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EVA white paper
It’s important to note that the token holders will get excessed returns
from premium DAPP while depositing EVA tokens and executing their
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EVA white paper
our platform.
model and get small commission, in return, it’s promised that the token
holders are supposed to get a portion of it, this model will promote our
over their tokens, as the EVA platform grows in popularity, it’s estimated
that numerous DAPPs emerge and holders have the power to decide on
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EVA white paper
By the way, the investors will be impacted by the rate of return, prospect
show their preference and attitude to the DAPPs and make decisions in
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EVA white paper
Apart from the main chain we mentioned before, our team will
design a system platform based upon the main chain and set up an
investigation, etc.
vital that our users can protect their information, they can choose to open
declare that all user information is stored in main chain, particularly for
password validation, users can select one-click login with EVA account
system of main chain), when the DAPP starts the password authentication,
the password user entered will be only for the validation process with
password in EVA user system, eventually the result will be sent back to
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EVA white paper
DAPP instead of interacting with DAPP directly thus disrupting the risk
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EVA white paper
We can see not only the enormous user communities but the
developers can also benefit a lot from the sophisticated EVA user system.
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EVA white paper
Consensus Mechanism
Nodes Selection
All the community members vote for the nodes and the top 21
representatives are elected to be the main nodes which are responsible for
their job, the sequence is flexible and adjustable in accordance with the
actual situation.
Other nodes ranked after 21 top nodes are the candidate nodes, ready
to replace existing main nodes as soon as the main nodes break down or
do evil things. All token holders are qualified to vote or participate in the
selection.
Block Production
At the end of each round of the election process, the server node will
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EVA white paper
network will be packaged into blocks, and the newly produced blocks
will be broadcast to other nodes. The node has no right to modify the
fail to produce the block or put the transaction information in the block,
the next node will create a new block with twice the size of normal block
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EVA white paper
Community Construction
EVA is designed based on EOS open source code, the design cost is
relatively low, but this does not mean that the operation cost is low in
involving more and more people into the construction of our community,
EVA set a lower threshold for token holders, in addition to the operation
cost and the promotion cost, part of EVA tokens will be distributed in the
address can receive a fair share of remaining EVA total supply. We hope
more people could participate and join our community so some remaining
make contribution to the community and benefit from it, the community
treat all members with equity and every member can execute their own
decision-making power.
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EVA white paper
Voting System
roadmap, to evaluate the plans put forward by the other members of the
community.
Secondly, vote to review resources on EVA and maintain the healthy and
own applications and resources, but that does not mean that the users can
Last but not least, reasonable voting mechanism. In order to avoid the
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EVA white paper
voting rights and EVA token holding amount are not linearly related. The
relationship between the times of votes and the number of tokens held is
as follows:
Y=round (log )
Y means the voting times,x presents the number of tokens held. Function
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EVA white paper
Voting system
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EVA white paper
Proposal System
voting after being preliminarily filtered. The top 10 proposals per week
accept all the member’ voting, when the voting of the proposal achieves a
certain proportion or ranking, this proposal will be passed, and put on the
agenda.
Reward System
EVA will increase 10% of the tokens to the community every year as a
construction won’t get rewarded, for those people, their share of EVA
will drop. EVA never encourages the behavior of reaping without sowing.
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EVA white paper
contributors or how much rewards they can get will be determined by the
adopt the following mechanism, the rewarding factors include two parts:
Rewarding Factor):
log
Token Holder Rewarding Factor:A =
EVA, the value of THRF of 2, if he has 10000 EVA, the value of THRF
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EVA white paper
Rewarding factor:C=A*B
When delivering candies, EVA tokens and other bonus, the amount
factor makes up the total rewarding factor of all members. For instance, if
the total amount of EVA is 100000, and a member holds 1w EVA, his
factor of all members is 10w, then this member will receive 16 EVA as
days and reset to zero after token bonus is added every year.
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EVA white paper
Multi-chain Concept
instead of one single chain dominating all. In this case, EVA comes up
exchange mode to merge the valuable product (such as tokens) into EVA
such as what we have been doing, the EOS of leasing business, we’ll
continue this job, in near future, EOS users can use the address provided
by EVA to extract EOS to EVA system, even more, we may make the
EOS circulate around the world and entrust EOS to EVA accordingly for
the appreciation business, like what we are engaged now in EOS leasing
model.
other chains and ready for good cooperation, that’s why block chain
technology is so charming.
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EVA white paper
Application Development
EVA adopts the same resource allocation method as EOS, and the
the available tokens from all token holders and supply the system
resources for DAPP developers, solving the fund shortage problem of the
developers.
hatcheries owing to the low cost to develop and release EVA DAPPs
system will pursuit the amount of DAPPs, there will be a focus area and
preference on certain areas for EVA development team, for other DAPP
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EVA white paper
raising model.
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EVA white paper
operation;
by the token holders, the benefits will be owned by all EVA holders)
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EVA white paper
EVA Roadmap
1. 2018 Q2~Q4:
2. 2018 Q2~Q4:
3. 2018 Q2~Q4:
EOS.
network.
4. 2019~:
5. 2019~:
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