Edge Protocol: A Scalable And Secure Blockchain For Decentralized Applications

in #btc9 months ago

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About Edge Protocol

The current blockchain ecosystem faces several challenges, including limited scalability, low throughput, and high energy consumption. Edge Blockchain is designed to address these challenges by providing a highly scalable, secure, and efficient blockchain protocol for dApp development. Edge Protocol aims to become the backbone of the decentralized internet, enabling a new era of decentralized applications that can scale to meet the needs of a global user base. The Edge Blockchain employs several security measures to ensure the safety and security of the network. These include a Byzantine Fault Tolerance consensus mechanism, which ensures that the network can tolerate a certain degree of malicious behavior without compromising the security of the network. The Edge Blockchain also employs a Secure Multi-Party Computation protocol, which enables secure and efficient communication between different nodes on the network.

Edge Protocol Staking Pool

Edge Protocol's staking pool is a critical component of its decentralized finance (DeFi) ecosystem, providing users with a way to earn rewards by participating in the validation process of its Proof-of-Stake (PoS) blockchain network. Edge staking pool is run by a group of validators who have pooled their resources to increase their chances of being selected to validate transactions on the network. Users can delegate their cryptocurrency assets to Edge Protocol's staking pool and participate in the validation process without needing to keep their devices active all the time. The more cryptocurrency a user delegates to the stake pool, the greater their chances of receiving rewards for validating transactions on the network.

Edge Protocol's stake pool operates in a decentralized manner, providing a high level of security and transparency to users. Validators in the stake pool are selected based on the amount of cryptocurrency they have staked, ensuring that the network is secure and decentralized. Furthermore, the rewards earned through the stake pool are distributed fairly among all participants, based on the amount of cryptocurrency they have delegated to the pool. Check some of our stake pool benefits:

  • Passive Income: One of the most significant benefits of Edge Protocol's stake pool is the ability to earn passive income by delegating cryptocurrency assets to the pool. Users can earn rewards without having to keep their devices active all the time or engage in complex trading strategies. This makes Mind Connect's stake pool an attractive option for users looking to earn cryptocurrency rewards without having to devote significant time and resources.

  • Increased Chances of Validation: By delegating their cryptocurrency assets to Edge Protocol's stake pool, users increase their chances of being selected to validate transactions on the network. The more cryptocurrency a user delegates to the pool, the greater their chances of being selected as a validator. This means that users can maximize their rewards by participating in the validation process through the stake pool.

  • Decentralized and Secure: Edge Protocol's stake pool operates in a decentralized manner, providing a high level of security and transparency to users. Validators in the stake pool are selected based on the amount of cryptocurrency they have staked, ensuring that the network is secure and decentralized. This means that users can participate in the validation process without the need for intermediaries or central authorities, providing a more transparent and secure way to earn rewards in the cryptocurrency ecosystem.

Overall, Mind Edge Protocol's stake pool is a crucial part of its DeFi ecosystem, providing users with a way to earn rewards while also participating in the validation process of its PoS blockchain network. With its decentralized and secure approach, Edge Protocol's stake pool is a compelling option for users looking to participate in the validation process without the need for technical expertise or significant resources.

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NFT Marketplace

The Edge NFT Marketplace is an all-encompassing platform that brings together artists, creators, and crypto enthusiasts on a single platform to mint, trade, and stake NFTs. Explore exclusive drops by the most in-demand creators, trade with other collectors in the Marketplace, and mint your own NFTs all in one place. Powered by Edge Protocol’s robust infrastructure and a thriving community, the platform features several product lines:

stay informed and make informed investment decisions on the go.

  • Marketplace: Mint, sell, bid, and buy NFTs from creators around the world.

  • Initial NFT Offerings (INO): Buy exclusive NFTs created by global artists and influential brands. Enjoy premium offerings from digital artists, musicians, athletes, and celebrities.

  • NFT-Fi: Stake NFTs or get a loan using NFTs as collateral (please note that NFT-Fi loans are an upcoming addition to our platform).

Roadmap

Edge project has a long-term vision and mission and creates a very safe and friendly project ecosystem, here is the ROADMAP Project utility that we will create for One year

Phase 1 ( 2023 )

  • Project Concept
  • Tokenomics Concept
  • Website Development
  • Build Social Media
  • Marketing Campaign

Phase 2 ( 2023 )

  • DApp Development
  • Mobile App Development
  • Community Contest
  • Token Creation
  • Crypto Tracker & Portfolio Platform (Testing Phase)
  • Edge Wallet (Submitted)

Phase 3 ( 2023 )

  • Private Sale (Upcoming)
  • Social Media Ads Campaign
  • Initial Exchange Offering (IEO)
  • Edge Swap

Phase 4 ( 2024 )

  • Edge Protocol Mainnet
  • Develop more Partnerships
  • Edge Academy
  • Join Binance Labs

Phase 5 ( 2024 )

  • Launch on Polygon, Arbitrum, Optimism, and other EVM compatible chains
  • Edge Protocol Bridge
  • Nodes across every continent

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TOKENOMICS

  • Total Supply: 200,000,000
  • Private Sale: 8%
  • Presale: 9%
  • Liquidity: 12%
  • CEX: 10%
  • Staking: 8%
  • Development: 7%
  • DAO Fund: 12%
  • Backup: 7%
  • Partnerships: 8%
  • Ecosystem: 13%
  • Bridge: 6%

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Conclusion

Edge Blockchain is designed to address these challenges by providing a highly scalable, secure, and efficient blockchain protocol for dApp development. The EDGE Blockchain also provides support for smart contracts, which are executed on a virtual machine that runs on top of the blockchain, enabling developers to create and deploy dApps in a secure and efficient manner.

For More Information about Edge Protocol

Website: https://edgeprotocol.org/
Whitepaper: https://edge-blockchain.gitbook.io/edge-whitepaper/
Twitter: https://twitter.com/edge_protocol
Telegram Chat: https://t.me/edge_protocol
Announcements: https://t.me/edgeprotocol_news
Instagram: https://www.instagram.com/edgeprotocol/
Discord: https://discord.gg/wrqD82k3
Github: https://github.com/edgeblockchain

Author:

BTT username: Cornelius Zen
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2812074
Bep-20 address: 0x1729B9aC75E43268e65C4c4EeBfA9BB64F480359

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