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Evernode is a global, permissionless, decentralised “layer 2” network tailored to
hosting hyper-flexible, hyper-scalable dApps that perform as bespoke mini-blockchains (“AppChains”), empowering developers to build with their choice
of language, functionality, geography, and scale, but without needing to
invent their own consensus mechanism.
Evernode has five main components:
(a) Consensus: A consensus-as-an-operating-system environment in which
code runs to enable multiple instances to function as a bespoke chain.
(b) Hosting: A way to deploy multiple instances of an executable program to
a global network of independently owned and operated hosts.
(c) Decentralised Network: A way of coordinating the network via a layer 1
chain so the network is as secure and decentralised as possible.
(d) Native Token: A new digital asset for the network to incentivise hosts and
facilitate automated payment for network registration and hosting fees.
(e) Decentralised Governance: A way for hosts to vote to update the rules for
registration, rewards, and governance, including deregistering bad hosts.
In concert, these five components create a decentralised network where
anybody can become a Host by downloading the Evernode software and
paying the registration fee in Evers. Reliable hosts earn network rewards for
being connected to the network and earn income in the network’s currency
from hosting dApps.
For Developers, these five components result in a global network of
independently owned and operated Hosts on which they can build and deploy
dApps with their choice of language, behaviours, geography, and scale. In
conjunction with Hooks, Xahau’s lite smart contract solution, a vast new range
of use cases for decentralised applications arises.
The live Evernode price today is $0.074456 USD with a 24-hour trading volume of $4,516.56 USD. We update our EVR to USD price in real-time. Evernode is up 4.83% in the last 24 hours. The current CoinMarketCap ranking is #5201, with a live market cap of not available. The circulating supply is not available and a max. supply of 72,253,440 EVR coins.