Blockchain Development Prospects on the EDC Blockchain

in #blockchain5 years ago (edited)

There are few slots to be taken up by the decentralized world, as the blockchain technology keeps breaking new barriers. From logistics to the financial industry, the impact of this technology is felt. It’s interesting to note that it has broken free from the earlier stigma of being a rejected platform to a cornerstone that holds many enterprises. In the same regard, many fiat businesses are looking at the possibility of developing a chain network to improve the swiftness of their operations.

Creating Blockchain doesn’t come easy

As thrilling as the prospect of having your business on the chain is, you would certainly find it hard to develop a viable blockchain network for your startup or enterprise. In the same vein, it is hard to create a digital asset/crypto coin ahead of an Initial Coin Offering (ICO).
If you’re passionate about having a blockchain for your business, then using the EDC Blockchain would pass off as a good decision.

Simplified Blockchain Development

This project cum blockchain-based platform simplifies the process of creating a blockchain network. With the development tools literally working on a drag and drop basis, it wouldn’t take you long hours to set up an enigmatic blockchain platform courtesy of EDC Blockchain.

Construct Crypto Coins/Tokens

As a business sets about the task of developing a blockchain platform on EDC, it’s worth mentioning that the process of creating the accompanying digital asset is also feasible. With the Coin Constructor, the project empowers small and medium scale businesses to create a crypto token of their choice. This would come in handy when invitations for investment are made public. Willing investors would purchase the created tokens at specific amounts to become a shareholder in the business.

Features

Aside from the blockchain and crypto coin/token development, EDC Blockchain also has other impressive features you may want to check.

First, there is the assurance of faster transactions, as denoted by the Graphene technology, which has the capacity to process about 100,000 transactions per second. Second is the multicurrency wallet that has the capacity to hold cryptocurrencies of different variations. You can also rent some of your crypto coins/digital assets to the master nodes with the aim of facilitating the mining process. This serves as a source of passive income because you would get specific amounts of the mined Every Day Coin (EDC) at the end of each mining process (usually within 24 hours).

EDC Future Goals

Finally, there is the Lease-Proof-of-Stake (LPoS) consensus mechanism that allows you to earn token rewards after leasing your tokens/coins to the master node during the process of mining more EDC coins. This consensus mechanism that is peculiar to the EDC Blockchain also forms a pool of miners, who in turn, guards the platform against external incursion in the form of GPU attacks and other unfavorable activities that could hinder the mining process and the overall functionality of the platform.

Token Sales Information

Token Name: Every Day Coin
Ticker: EDC
Token Type: Utility
Token Supply: 100 billion

Conclusion

With EDC Blockchain, businesses can now make a grand entry into the blockchain technology. A decentralized economy looks good to be the next financial model and getting into the chain network via EDC is the way to go.

For more details, check below links;

Website: https://blockchain.mn/
Telegram: https://t.me/EDCBlockchain
Facebook: https://www.facebook.com/EDCBlockchain/
YouTube: https://www.youtube.com/channel/UCdkt4HSObcdnSU4CrqZqgig
Instagram: https://www.instagram.com/EDC.Blockchain/
Twitter: https://twitter.com/EDCBlockchain
Bitcointalk bounty link: https://bitcointalk.org/index.php?topic=5143869.0

Writer's details
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1777715

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