EtherInc is a a decentralized blockchain project, fork of ETH with replay protection and powerful inbuilt dApps to power the future of organizations without the need of a trusted 3rd party or costly intermediaries. ETI organizations can operate borderless, permissionless, democratically and transparently with the consensus of its shareholders.
ETI is the first LIVE DAO platform, with unique features that improves the ETH blockchain:
● Reduced block time from 15s to 6s which improved:
o Network transaction per second by 2.5x
o Transaction confirmation speed by 2.5x
o Miner reward by 2.5x
● Removed uncle reward
● Implemented finite supply for mineable coins
eInc Organization is a smart contract with predefined protocol (eInc protocol) and running on EtherInc blockchain, every eInc has a unique name and will be maintained by eIncNS (eInc organizations name service) smart contract.
eInc Proposal Types
There are a total of 17 types of proposals possible in a eInc smart contract which are further divided into two categories:
Voting Based Proposals
They can be executed/passed by voting on proposal only. A proposal is passed when the positive votes become greater than the “Quorum Voting Percentage” of the total voting power, or e.g. If a organization has 100,000 total voting power and “Quorum Voting Percentage” for that organization is 51% then in order to pass the proposal, the number of votes required is at least 51000 votes.
● Issue Shares
● Assign Shares
● Sell Shares
● Appoint CEO
● Fire CEO
● Change Legal name
● Voting Rules
● Operational Proposal
● Close eInc
● Vote on Proposal (Remote eInc)
● Execute Proposal (Remote eInc)
Grade Based Proposals
These are slightly different from voting based proposals. In order to pass a grade based proposal you need to have a higher grade than the proposal grade. For e.g. If a organization member with “CTO” role (Grade 5) wants to add a new member than he/she can only execute that proposal if the new member has a role which has higher grade than 5. In Grade-based proposals there is no need for voting to pass the proposal.
Main website: https://einc.io/
Organization Explorer (Mainnet): https://etherinc.org/
Organization Explorer (Rosten Testnet): https://ropsten.etherinc.org/
Block Explorer (Mainnet): https://explorer.einc.io/
Block Explorer (Rosten Testnet): https://ropstenexplorer.einc.io/
Network (Mainnet): https://network.einc.io/
Network (Rosten Testnet): https://ropstennetwork.einc.io/
Tarun Malik – CEO
Suryansh Kumar – CTO
Anant Mendiratta – CMO
Cernat Constantin – Blockchain Developer
Radu Nemerenco – Developer
Hakar Youssef – Graphic Designer
Zsuzsanna Kiss – Compliance Officer
Neacsu Mihai – Marketing Manager
EtherInc ICO main-sale will start on July 15, 2018 with 1 ETH = $700 (pegged) and 1 ETI $0.10. Private sale is live! Buy EtherInc [ETI] from here – einc.io and get 20% bonus!
Coin is also mineable on comining pool and others.