Essentia is the next generation layer of interoperability and data blockchain that makes the system feasible to the users of cryptocurrency. It is a masternoded multi-chained set of protocols that connect through the centralized and decentralized resources.
This also generates a powerful interaction with experience of top quality service. It carries out different modules for fundamental parts consulting with the Essentia framework constellation. It expands through ESS-ID and ESS-Home and ESS-OS functions enabling the users to interact with each other within the ecosystem employing the decentralized resources or traditional ones.
Module Overview
The module of Essentia is the components for the functions of its properties into the framework depending on one or both ESS-ID and ESS-Home and ESS-OS. But it also has some additional modules for the detailed sections. Such as; ESS-Core, ESS-Base effectively functions with Root-ID, ESS-Home, ESS-Auths, ESS-Pay, ESS-Fuel, ESS-Meta, ESS-Talks, Docs and Stamp, ESS-PingPong, ESS-DNS, ESS-Bridges, ESS-Data, ESS-Config, ESS-Automate, ESS-Tools, ESS-Oracle, ESS-Sync, ESS-Del, ESS-INIT, ESS-Clock, ESS-Proc, ESS-Keyring, ESS-dGPS, ESS-OS-Config, ESS-OS-Data, ESS-Repo, ESS-Crypto, ESS-Make and Smith, and ESS-NET.
The framework modules have the plugins for extending functionalities enabling the entire ESS-Constellation for self-maintenance. This remains an active and fully operational motive of the system. The module also specifies the plugins and extensions of detained technical overview documents.
ESS Tokens Overview
Essentia deals with the tokens based on Ethereum ERC-20 tokens known as ESS tokens. Each and every token are equal to the exact same qualities, properties, and characteristics. As soon as the ICO period ends, there will be no ESS Tokens will be created additionally. These tokens are managed mostly by the ESS-Fuel module. This works as fuel to the Essentia framework accomplishing several functional activities. The token layers also functions and introduced gradually by the implementation through the development of the Essentia platform.
Tasks of Tokens
The ESS tokens enforced with some tokens devoted to the accomplishments of enabling step by step operations for the underlying infrastructure which is ready for them. The tasks measure the antispasm preventing abuse of resources and services for the platform. It protects several kinds of attacks so that the users can connect through the resources and parties. It is like the fuel that provides the ability for accessing and maintaining specific components and uses payment system for extra internal resources.
It integrates trust to the third-party marketplaces used for integrated DEX. The users of ESS tokens can compensate for the dedicated additional resources to the network projected into the mature stage contributing towards the network offering additional resources. The tokens are also minable representing the rewards for contributing the network by running nodes, offering instances or virtualized services or tools and yet to be defined activities. This also works as the incentivization system for the specific resources dedicated and connected with the framework.
The tokens are used for system level and collected as fees for periodic redistribution as the ESS tokens owners in equal proportion. This enables the distributed governance layers involving the users projecting the platform related to the decisions. The users are able to create proposals to vote with ESS tokens having a significant role in evolution to the ecosystem for using it actively. The tokens manage the user reputation layer and discourage bad actors eventually losing the reputation.
All these activities relate the service in order to give a greater output to the users of Essentia. The next generation of decentralized resources takes every possible step to give proper service to its users.
Website : https://essentia.one/
Whitepaper : https://essentia.one/whitepaper.pdf
Twitter : https://twitter.com/Essentia_one
Telegram : https://t.me/essentia_one
ANN Thread : https://bitcointalk.org/index.php?topic=2704531.0