Since the release of the whitepaper in December 2020, Ethanim will formally hold a launch event in Tokyo, Japan on February 8 to exhibit Ethanim’s design idea, technical architecture, and ecosystem development strategy in depth. Many Japanese specialists from the game, animation, and blockchain industries, as well as financial organizations, will be invited to attend the event.

The launch event will focus on the decentralized application of metaverse, introducing new innovations to the metaverse industry through blockchain’s trusted computing technology.

As blockchain technology advances, new applications emerge in a variety of forms. NFTs provide a unique valuation for digital artworks, resulting in verified ownership. This significant development permits value confirmation and network transmission. The main Metaverse gradually emerges.

The Real Metaverse, on the other hand, demands complete decentralization in Metaverse-related apps, which are now represented by mere traditional blockchain games. Given their inability to conduct intricate calculations required by massive gaming apps, these games are really implemented on a centralized server, with just tokens and NFTs distributed on the blockchain. The apps, on the other hand, govern the distribution of these tokens and NFTs. In such circumstances, gamers may suffer significant asset losses or be deprived of all assets, as game producers have the ability to change rules at their whim, or even disappear from public view when games are shut down.

Trusted Computing as Framework

Ethanim, which was created exclusively for Metaverse apps, presents a completely new concept that is highlighted by a self-developed blockchain. Nodes attain consensus in nearly no time when powered by this decade-old trusted computing method, independent of node quantity, processing complexity, or other factors. This structure not only enables the concurrent deployment and operation of multiple decentralized huge apps, but it also encourages large-scale concurrent users on a single decentralized app. TPS is no longer the blockchain’s Achilles’ heel.

Furthermore, using the snapshot replication technique, Ethanim distributes data exactly as it appears at a given point in time. Any member of the community can restore apps to any state at any time, even if developers change app rules or even supersede apps. In the guise of DAO, Ethanim adds immortality to the Metaverse, ensuring that user activity data, digital assets, and virtual identities are never lost.

Multi-dimensional Exchange of Operations and Assets

With its total decentralization philosophy, Ethanim inspires a slew of new ideas. Novel versions of Metaverse game apps continue to emerge now that users have the ability to customize them as they see fit. Where assets are compatible, virtual avatars can migrate between versions. In the updated edition, for example, additional skills such as diving and flying can be added to a walking avatar.

On various apps, NFTs come in a variety of shapes and sizes, each with its own set of functionalities. A gaming avatar, for example, may either appear as a profile photo or be sold as a commodity.
Initially, the Ethanim system was developed, updated, and governed by the Ethanim Foundation, an independent non-profit organization. As the cause advances, power will be increasingly devolved to community levels, with the ultimate goal of joint governance by all community members.

Since the mid-1900s human society has been ushering in the first stage of digital civilization, characterized by computers and the internet. Then from the last half-century, digital society has progressed toward a higher existence — the Metaverse.

More about Ethanim
Website: https://www.ethanim.network/#/
Twitter?https://twitter.com/Ethanim_Network
Telegram?https://t.me/Ethanim_Network
Discord?https://discord.gg/Uzkat3zarz
Medium?https://ethanimnetwork.medium.com/

Filed Under: Press Releases