Evrmore: A Next-Gen Blockchain for Secure DeFi

Evrmore (EVR) is a blockchain built for the future of decentralized finance and commerce. With its roots in the Ravencoin community, Evrmore offers a secure, open-source platform based on Bitcoin’s UTXO model and powered by Proof-of-Work mining.

Designed for asset management without general-purpose smart contracts, Evrmore blends Bitcoin’s security with innovative DeFi features to redefine a trustless financial ecosystem.

 What is Evrmore

Evrmore (EVR) is a blockchain with built-in assets and DeFi (decentralized finance) primitives. Evrmore is a blockchain project designed primarily for distributed finance and commerce applications.

Evrmore is based on the Bitcoin (BTC) UTXO model, is mined publicly and transparently using Proof-of-Work, is free and open source, and is open for use and development in any blockchain.

Evrmore was built as a fork of Ravencoin (RVN) and grew out of DeFi discussions and research within the Ravencoin community.

It is a code fork of Ravencoin, which improved the Bitcoin core and the UTXO-based system to allow assets. Evrmore is being constructed in parallel by current and former Ravencoin developers, hodlers, and miners, each with a unique set of trade-offs, aims, and techniques.

Evrmore aims to improve on Ethereum’s failed security claims by further improving Ravencoin’s asset protocol, allowing Distributed Finance capabilities without general-purpose smart contracts and with the security of Bitcoin.

Background and History of Evrmore

Evrmore is a code and chain fork of Ravencoin, a proof-of-work GPU-mined blockchain that split from Bitcoin in 2018. Ravencoin, like Bitcoin, was created fairly, with no pre-mine or creator perks, master nodes, or staking.

Evrmore was launched in late 2022 as Ravencoin’s code-cleanup feature-enhanced data-size reduction, using the same fairness principles. Evrmore made the lone compromise of establishing a minerdevfund (10% of miner coinbase rewards) to assist fund future development (no coins have yet been spent).

Evrmore (formerly known as Evermore) was offered within the Ravencoin community as an ambitious path for participating in the DeFi economy through new features and techniques.

Evrmore’s technology sparked widespread interest in the community, although it diverged from Ravencoin’s established conservative stance. The perceived risks of modifying Ravencoin’s feature set and appearance prompted some members to propose that Evrmore be a separate project inside the Ravencoin community.

Evrmore is being constructed by current and former Ravencoin developers, hodlers, and miners who understand these challenges and concerns and recognize the significance of Ravencoin’s chosen design. Evrmore is a parallel initiative that employs a different set of trade-offs, aims, and techniques.

Features of Evrmore

Below are some of the features of Evrmore based on the provided information:

1. Security and Flexibility: Provides secure and flexible asset management.
2. Speed and Cost-Effectiveness: Fast transaction processing. Inexpensive transactions.
3. Human-Readable Asset Names: Assets come with globally unique, human-readable names.
4. Decentralized and Non-Custodial: Operates as an open, permissionless, decentralized, and non-custodial solution.
5. Bitcoin-Like Transactions: Transactions resemble Bitcoin transactions, with minimal differences. Evrmore transaction outputs include an optional appended asset control script.
6. Community Alignment with Bitcoin: Shares the same values as the Bitcoin community. Developed and embraced by Bitcoiners. 

Price History of EVR Token on CoinEx

The EVR token was listed on CoinEx on May 20, 2024. Tradings, deposits, and withdrawals were made available immediately.

The EVR token has a total supply of over 15 billion. The EVR token project is having a significant impact on DeFi, and the blockchain is designed for secure, fast, and decentralized asset management in the DeFi space. These factors will affect the price of the EVR token both now and in the future.

Overview

• Name: EVR (Evrmore) 
• Project Website: Evrmore website
• Whitepaper: EVR whitepaper
• Explorer: Evrmore (EVR) on Solus Evrmore Explorer
• Total Supply: 15.36 Billion
• Supported CEX: CoinEx
• Twitter: EVR Token X
• Telegram: Evrmore Community
• Convenient for users to know in time: https://www.coinex.com/en/info/EVRMORE 

*This article does not constitute investment advice.