Edenchain is blockchain-based platform enabling the values of capitalized and trade. The platform works as the Programmable Economy Platform technology and it will capitalize on the tradable assets. It will allow the interpretability through the external systems. It will help the implementation of core technologies for the programmable economy through the smart contracts.
It will have the capacity for developing a variety of automated services and it will use the smart contract facilitating the interoperability with the external system. The core technologies will have the implementation for the programmable economy for the smart contract and it will have the involvement of greater technological and economic values with the non-deterministic smart contract. It may need the off-chain integration for the deterministic smart contracts and will operate only through the off-chain.
Being a permissioned blockchain, Edenchain has built and run a trustworthy environment for smart contract execution. By this it will achieve the usage of the platform and it will have the assurance for safety and it will increase the efficiency through the use of nodes within the namespace and this will be helpful by the 100 percent guarantee for processing all sorts of transactions.
It has been described by the CEO of Kyber Network, Loi Luu that a fraudulent technique can be called block withholding and it has been associated at certain risks. The Block withholding will have the attack in such a technique that will have the prevention of miner by the found solution to a problem in a POW. It is a consensus algorithm from the recipient of the incentives and it will be done by not disclosing it with the answers to a mining pool.
It is a technique that can be used effectively when someone is mining the group seeking for attacking another. An appropriate example can be a Miner Group A who is making plat for attacking a newly formed Miner Group B. Therefore, A is selecting a highly performed computer so that it can penetrate into B and soon will launch a block withhold for an attack.
The members of Miner Group B will be paused while receiving the incentives and will motivate the participants in the mining group where it will need to be weakened. It will eventually lead to the disorganization within Miner B and these sort of block withholding may have attacks to some identified Bitcoin Forum through a number of recent papers.
These certain issues can be avoided if Edenchain wishes to. For this, Eden will need to operate a fair and stable system that will use the permissioned blockchain. It is because the purpose of Eden for not being secure to the incentives for mining but it cannot create a programmable economy. It will have the public confidence for Eden as it is essential by the creation of the programmable economy where the system can operate transparently and will devoid the foul play.
The successful implementation for Programmable Economy can bring the platform with itself for two major problems; one is performance and the other is non-secured connectivity. Edenchain has most of its focus to the solve the technical issues to employ the software and hardware and it can elevate the performance of the entire network and will protect the blockchain against the external hackers.
This will need to have the ability to monetize the assets to execute secure, cost-efficient and faster transactions. It will adopt throughout the number of industries like IoT, Finance, Shared Economy, Games, ICO and so on.
Website : http://edenchain.io/
Whitepaper : https://drive.google.com/file/d/1qUUUm8mNuL-7f5yYsNza1gqcZE6PoDhN/view
Telegram : https://t.me/edenchainio
