The ETD Foundation intends to collaborate with various universities and their affiliated research institutions all over the world to establish ETD General-Purpose Computing Labs. Its utility will span over various applications in intelligent manufacturing, transportation, and healthcare, to mention but a few. Moreover, ETD will utilize ultra-modern technology such as artificial intelligence, big data, virtual reality, robotics, the Internet of Things, and cloud services. Its framework is such that encrypted biometric PCBs (private cryptographic biometric) can get PoE evidence without decrypting all encrypted data.

Generally, it is a distributed computing platform optimizing distributed computing and storage models, P2P bandwidth models, and two-way data privacy protection requirements. It will use the Proof of Computation-Storage consensus mechanism, a blend of Proof of Computation (PoC) and Proof of Existence (PoE). The project will essentially follow traditional industry steps of integrating applications, talent training open-source systems, and incubation accelerators, among others. Eventually, R&D costs will become negligible hindrances to blockchain tech adoption. Ultimately, it satisfies performance standards of research project institutions, storage, and computing & economic requirements for web applications.Ĭompanies and developers can, therefore, develop system applications with high efficiency and at relatively cheaper operational costs, suitable for the real-world economy. The resultant high-performance network allows flexibility in system application expansion.

In this way, it contributes to the public computing platform like Berkeley Open Infrastructure for Network Computing (BOINC).ĮTD’S architectural design is unique as it addresses the energy and computational efficiency hassles of Ethereum 1.0 while maintaining privacy. It is a decentralized general-purpose computer system featuring Ethereum’s smart contracts, and Disk Storage Banking (DSB) – distributed shared storage solution.ĮTD also possesses distributed computing technologies for collecting dispersed computing resources. Ethereum, for instance, is migrating from PoW 1.0 to Proof-of-stake (PoS) 2.0 to reduce its energy footprint and cheapen transactions.Įthereum Data (ETD), a project focused on bringing together ecological sustainability and technological upgrades is gradually gaining a stable footing in the crypto ecosystem. Crypto miners are shifting from the conventional Proof-of-Work (PoW) algorithm to a greener alternative.

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