New Era
NEC (New Era) is a Layer-2 on-chain aggregator based on the core concept of Ethereum expansion, which does not affect decentralization and utilizes the existing developer community and ecosystem.

WHAT IS NEC
New Era
NEC is committed to building a modular, universal, and highly flexible expansion framework for Ethereum. Its core component is the SDK, a modular and flexible development framework that supports the construction and connection of two mainstream expansion paths: Secured chains, the second-layer chain, which can rely on the security of the Ethereum network without having to establish its own verification mechanism. In addition to the currently completed main chain, other Layer 2 expansion solutions will be supported in the future, such as Optimistic Rollups, zk Rollups, Validium, etc. This will make NEC truly become a Layer 2 aggregator on the Ethereum chain.
NEC proposes a decentralized, configurable two-layer on-demand side chain network that provides storage functions and supports high-throughput, low-cost, and low-latency transactions. This system provides a subscription-based decentralized network for the configuration and deployment of a Byzantine fault-tolerant side chain with high throughput, compatibility with the Ethereum virtual machine, storage support, and provable security. The sidechain of each equity proof is highly configurable and consists of nodes that pledge NEC tokens on the Ethereum mainnet. At the same time, its consensus mechanism utilizes the asynchronous Byzantine fault-tolerant protocol.
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OURS SERVICES
Our advantages
Comprehensive improvement of network performance
Based on the consensus mechanism of proof of rights and interests, making it a blockchain network with extremely fast processing speed; with strong scalability, it can shorten the network congestion time ~ 5S ADN 1,0000 + TPS; support WEB3 types Technology can increase its throughput rate.

Super high compatibility
It is fully compatible with Ethereum’s web3js interface API. This means that the website or service interacts with the Ethereum network. Web3 tries to empower users and regain the value they create. Fully compatible with EVM, DAO and smart contracts, it provides developers with comprehensive options to experiment and build clear distributed applications. One-click DApp migration tools can exchange and utilize information extensively in the ecosystem.
APPLICATIONS
Ecological applications
Point-to-point payment
Use NEC to make payments quickly and efficiently. With EtherLite, sending money can become fast, cheap and easy. Peer-to-peer (P2P) payment blockchain can replace the current expensive, slow, bank-driven process.
DeFi (Decentralized Finance)
To solve the problem of high gas fees in Ethereum, it is possible to use existing Ethereum smart contracts and tools. Developers can transplant their existing Ethereum-based DApps in a short period of time, greatly improving performance and reducing costs.
Community currency
Community Integration Currency (CIC) is the local currency used to pay for goods and services. CICs cannot replace the national currency; they are a supplementary currency used to support local trade.
TOKEN
Issuance plan
NEC is the native token of NEW ERA,Token name: NEC, Total issuance:600,000,000

PLAN
Why Choose Us
The New Era upgrade is divided into multiple stages like the second layer of Ethereum. We are divided into phase 1, phase 2, phase 3, and phase 4. More follow-up upgrades will be continuously updated according to the progress of the second layer of Ethereum
