Welcome my dear friends.Today is a day off, which means I have prepared a lot of interesting projects for you.Edenchain is a unique platform, which, according to its authors, will provide all participants with the opportunity to transform any values into a cryptocurrency. In addition, users will be able to perform operations on the purchase and sale of any values directly with each other and with minimal Commission payments.The authors plan to present a completely secure and fast ecosystem created using exclusive blockchain technology.
What problems will the project solve
The developers Edenchain going to create a block-chain for the use of smart contracts, a new generation, through which users will get the tool of converting any values in the universal trading unit, which will freely turn within the platform.Traditional platforms have two main drawbacks-low performance and security. The slow processing speed of financial transactions makes it impossible to use existing technologies in some areas of the economy. And the increase in the speed of financial operations reduces the level of security of transfers.The authors of the project create a new project, which can get rid of the above shortcomings. This implements the consensus algorithm that ensures data integrity and within the framework of the blockchain, and beyond.
The benefits of the project
According to the Edenchain developers, They are creating a fast, cheap, secure and interoperable blockchain-based network that will become a global platform for all participants.Unlike other similar projects, Edenchain has the following advantages:
It is planned to make a scalable network with support for parallel financial transactions to speed up their processing.
The platform ensures the creation of secure connections between the participants.
The project offers a reliable environment for all transactions.
Tools are created to guarantee the import of data between different services both within the blockchain and in the offchain.
Edenchain offers an additional motivation for the work of the miners.
By using special algorithms, the cost of processing operations within the platform will be minimal for all users.
The amount of Commission depends on the number of operations performed for each smart contract.It is planned that the platform can be applied in areas such as the sale of services, the sphere of B2B, the sharing economy, IoT, etc. regardless of geographic location of each participant.
Technology features Edenchain
Let's consider several features that distinguish the platform from competitors:
The Merkle tree and namespace technology are used, so the authors are going to launch a platform with parallel transaction processing technology.
The work uses the BlockCache module, which minimizes application access to the disk.
Uses secure technology interoperability, which adapts E-Oracles, consensus and technology of the enclave security extensions FOR Intel.
Supported computer language for the creation of smart contracts Solidity.
Modern effective information security technologies are used, which ensures data integrity within the system.
You plan to store the marked data in a distributed registry. Data marking is based on the block ID in the blockchain.
Edenchain ICO
Within the framework of the platform, digital EDN docks will be used, which act as the main settlement unit between the participants. The issue of EDN carried out with the aim of obtaining financial means necessary for the further development of the platform.In total, it is planned to issue 1 billion tokens at a price of 60 cents per unit. Hardcap plan – $ 24 million. The implementation platform ERC20.
Token distribution
Project team
Road map
Summary
Despite the ambitious goals set by the authors of Edenchain, it will be possible to evaluate the prospects of the platform only if it is finally implemented. The authors of the project are really professionals in various fields. But now, in addition to the documentation necessary for the ICO design, no prototypes and alpha versions of programs and platforms are presented.
Website: https://edenchain.io/
White paper: https://edenchain.io/EdenChain-Technical-Paper-v2-en.pdf
Twitter: https://twitter.com/edenchainio
Telegram: https://t.me/edenchainio
Facebook: https://www.facebook.com/edenchainio
Author: https://bitcointalk.org/index.php?action=profile;u=1725951
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