For years, we've been thinking what a next generation blockchain would look like. We know that the current generation of blockchains
are too slow, too expensive and don't scale.
We also know that blockchain technology is at least 10x better than the current financial system and we fully believe that the legacy
financial system will be transformed with this technology.
Currency, payments, stock markets, real estate, etc. They will all be affected by this financial revolution.
Epic is focused entirely on the use case of asset ownership and asset transfers, aka: payments, in a safe and private manner.
We've discovered a way to make a decentralized ledger that is
virtually infinitely scalable, private and much more user friendly.
### What Epic Ledger is not
Epic Ledger is not a general purpose programmable blockchain like Ethereum (and most other new
ones).
There are no smart contracts and no arbitrary code that can be deployed. Smart contracts limit
scalability and provide opportunities for exploits. Nearly EVERY blockchain hack so far is due to badly
written smart contracts.
Think of Epic Ledger as a **next gen Bitcoin**, rather than a next gen Ethereum.