Hardy Crypto

Ethershift is a service that allows users to quickly and easily exchange between different ERC20 tokens at the market rate minus a fee, without having to go through the hassle of signing up at an exchange, or learning how to use a decentralized exchange like IDEX. Decentralized exchanges like IDEX are amazing, however a lot of average crypto currency investors feel like they are too complicated, and therefore a lot of great projects never get the exposure they deserve. Ethershift is making the process of acquiring the best and up & coming tokens easier than ever before.

Ethershift Is The Easiest, Fastest, & Most Secure Token Exchange. Period

Ethershift has fixed all the problems traditional decentralized exchanges face. They are slow and hard to use for the average investor. We've made the processof buying up & coming tokens easier than ever!. Welcome to the future of ERC20 trading.

*Monetize Your Website With Ethershift Scan&Go*

Ethershift Scan&Go is the easiest way to acquire up & coming tokens. The Ethershift Scan&Go widgit displays a QR code for the token you'd like to buy. Simply scan the code, and send any amount of Ether. That's it! Within minutes you'll receive the token requested! The Ethershift Scan&Go widget allows for anyone to install it on their website and get paid as an affiliate!

*Multitoken Ethershift Wallet*

The Ethershift wallet provides support for any ERC20/233 token and allows for the near instant exchange between tokens. With the utmost of thought put into security, all private keys are stored locally under several layers of security, and with a built in Web3 browser, interacting with decentralized applications has never been easier.

Ethershift has no accounts, collects 0 customer data, and does not do KYC.

Here’s how Ethershift works: To exchange tokens, users send value to a special address (which indicates the type of token they would like to receive back) and the exchanged value will be sent back to them at the address they sent the original tokens from. This user experience is implemented by fulfilling the exchange using hot wallets, and then later mirroring the trade (at a hopefully equivalent rate) on an exchange, and periodically re-balancing the exchange/hot wallets. Ethershift takes a cut of profit (half of it in the form of the input token, half of it in the form of the output token) to account for the risk of the exchange rate changing. Third-parties are able to integrate Ethershift into their own systems and receive a 50% cut of the profit via the Ethershift API.

The back-end service is an application written in Node JS, running on Amazon EC2. To access the Ethereum network, a full node is installed on the server, and the back-end service communicates with it through its JSONRPC API. The service uses an SQL database to keep track of profits.

All of the exchanges’ balances will be seeded with an IdealHotWalletAmount of each token. hot wallet. The wallet on the server will be seeded with the IdealHotWalletAmount amount of each token. A service watches for tokens being sent to the Ethershift addresses (waiting for at least 12 confirmations. For each of these transactions, it executes all of the following actions before processing any more deposits:

1. Identifies the desired output token type, based on the address the tokens were sent to.

2. Keeps a ProfitCut/2 fraction of the value in the hot wallet, and updates the profit balances in the database (according to ThirdPartyProfitCut).

3. Asks all of the exchange objects for their exchange rate estimate between the desired pair of tokens and amount sent in, and picks the best one.

4. Launches an asynchronous MakeTrade call on the Exchange’s API.

5. Sends the expected output of the trade back to the user (at the address they sent the original tokens from) from the hot wallet, less a ProfitCut/2 fraction, and updates the profit balances.

To reduce the risk of monetary loss, it is crucial for Ethershift’s design and implementation to undergo third-party security audits. Subtle bugs in the back-end service could result in downtime or token theft. Extra care must be taken to harden servers against attack. Full details on how we plan to harder our server are outside the scope of this document, but some general points can be made:

* Two-factor authentication on all accounts (AWS, the domain

registrar, etc.).

* Each system is running on its own dedicated hardware, to avoid

possible theft from cross-VM side-channel attacks.

* All software on the servers, including the Ethereum node, must

be updated regularly.

* Disabling of all unnecessary services on the servers.

* Don’t run anything as root unless it’s absolutely necessary.

* Administer the servers with SSH, and turn password authentication

off so that the only way to get in is to have the SSH private key. Only

administer the servers from the administration laptop.

*Ethershift Token*

The Ethershift token is an ERC20 token that represents a revenue share of 50% of ALL fees collected by Ethershift. Each quarter that 50% will be airdropped to Ethershift token holders.

Each transaction made on any of the Ethershift products yields a fee of up to 5%. The system automatically calculates the gross fee Ethershift collected after gas, and splits it into 2 wallets. One wallet is used for operating costs, salaries, legal

etc, and the other wallet is used to airdrop tokens to all Ethershift token holders in proportion to their ESH holdings. The fees collected by Ethershift come in the form of Ether as well as all tokens supported on the Ethershift exchange, and accordingly ESH holders will receive a variety of tokens on each airdrop date.

The first Ethershift Airdrop date is March 31st, 2019.

The maximum supply of Ethershift tokens is 15,000,000. 3,000,000 Ethershift tokens are allocated towards marketing, promotions, giveaways, bounties, and advisers. 3,000,000 tokens are allocated for team members and early investors.

9,000,000 are availiable for sale in the 3 rounds of the Ethershift ICO. If any of the 3 rounds do not hit their specific hard cap, the remaining tokens from that round will be burned.

*ROADMAP*