HIGH TRANSACTION SPEED NO TRANSACTION COST

Europechain is kept up-to-date with the latest (stable) release of the Antelope software. The GitHub page of Antelope can be found here. Furthermore, a developer portal of EOS Network Foundation, the developer of Antelope, is available here. More advanced Antelope documentation can be found here. Lastly, a smart contract developer’s handbook can be found here.

Transactions on Europechain are costless. This is possible due to the resource model that is used by Europechain.

Each Europechain account has 3 resources: CPU, network and RAM, which all allow users to do different things. We will explain each resource individually below using a metaphor:

“If Europechain was a train, CPU, RAM, and network could be explained in the following way:

Network would be the available seats in each train leaving and entering the blockchain. Your chair will always be reserved, and if u need it, it will be yours. BUT, if no one is on the train, you could lay across a bunch of chairs because they are free! So network is a way to make sure you have somewhere to sit when the train leaves.

CPU is how often you can ride the train, and works much like network as far as allocation goes. You may have a train ticket, but of course the ticket is only usable on certain days and times.

Now the Europechain train train is pretty laid back, so any unused space is free to use re: CPU and network, until the people that paid for the space need to use the space.

CPU and network are joint resources that together are called BANDWIDTH.

RAM is your storage space on the train. If you need to bring a ton of luggage, you need to pay per bag to check your bags onto the train. If you do not need to bring a lot of luggage, you can sell your storage space to others that are riding on the train.”

CPU and network can be obtained by staking XEC, which is essentially locking your tokens for a certain time. When the user wants to move their XEC they can unstake their tokens, essentially making transactions free. RAM can not be obtained through staking but can instead be bought and sold and is used to perform other kinds of actions on Europechain.

A Data Protection Impact Assessment, commonly referred to as a DPIA, represents an integral component in the realm of privacy and data protection. This systematic evaluation process serves as a mechanism to assess and mitigate any potential privacy hazards arising from data processing activities. By performing a DPIA, organisations can effectively guarantee their adherence to data protection regulations such as the General Data Protection Regulation (GDPR), thereby ensuring their compliance with the law.

DPIAs are not just mere formalities, but rather play a vital role in safeguarding the privacy rights of individuals. By conducting a DPIA, organisations can proactively identify and mitigate privacy risks before they materialize, thus minimizing the likelihood of a data breach or any other privacy violations that could have a detrimental impact on individuals and the organization itself, in terms of legal repercussions or reputational damage.

With compliance being a key part of Europechain we require all applications on Europechain to conduct a DPIA. Therefore both Europechain packages include support with your DPIA as well as a full DPIA review.

If you require more resources or consultancy than is included in the package, you will be able to buy more through Zaisan. Please get in contact with us.

In short, all data is hosted in the EU (EEA countries). Europechain enables compliance with EU data regulations by carefully assessing and signing agreements with all parties that are handling data put on Europechain. Furthermore, Europechain requires dApps to conduct Data Processing Impact Assessments and to amend their dApp in accordance with the findings. Lastly, Europechain uses history filters.

Europechain is an energy-efficient and carbon-neutral blockchain. This is possible due to the efficient consensus mechanism used by Europechain (Delegated Proof of Stake) and the use of green data centers by all Europechain validators.

The packages are just a one-time fee. If you need more of any of the components these can be obtained by getting in contact with us.