Basic overview of the Edenchain blockchain

There are new projects on the platform of the blockchain systems almost daily.  If most of them use the improvements and best practices of past applications, then Edenchain has presented the world with a truly new concept.  The project name introduces such a thing as a programmable economy.  The goal, set by the authors of the project, is to move to a digital, autonomous business.  Edenchain products and solutions will allow users not only to participate in the turnover of expensive crypto currency, but also to get at their disposal a serious tool for working in such business segments as B2B, B2C, C2C.   

 Advantages of the platform 

The team of developers of the project argues on the existing problems in the detachment.  The first group of difficulties is traditionally associated with productivity.  The slow speed of processing operations leads to a slowdown in development.  The second, no less important problem is related to security.  Regardless of the type of applications used, the owners of existing crypto currencies do not have reliable protection against data theft.  

What Edenchain brings to the market: 

• High level of bandwidth and speed of transactions.  The solution of problems becomes possible due to parallel calculations using the NameSpace technology.  The system independently determines the load on the platform and scales the power to maintain the required level of processing speed of operations;
• High level of security and trust.  This function is provided by redistributing roles in the system.  Transaction processing is entrusted to certain participants, not to the entire network.  Due to the creation of a unique, exclusive blokchain;
• Safe operation mode.  Supported by the introduction of technologies such as E-bridge and E-Oracle.  Program modules are configured in such a way as to ensure confidentiality in presence and offline modes;
• Really low commission.  The famous bitcoin is currently experiencing difficulties related to the dependence of the reward on the network load.  In Edenchain, the cost of services will be fixed and independent of the number and composition of operations taken for processing by the platform;
• Reducing the priority of the miners.  The emergence of prerequisites to ensure the real purchasing power of tokens of a programmable economy.

 Where Edenchain will be applied 

According to the concept of developers, the product's capabilities will not be limited to obtaining results in a certain area.  It is planned to apply Edenchain in any corporate segments, such as B2B-commerce, P2P-finance.  The organizers of the project perfectly understand that in order to take place on the market, it is necessary to overcome the competitive advantages of the already held ICO.  The main idea of

the project is to shift or evaluate any economic process into a single standard of value.    

 Economics Edenchain 

The new tokens have the following characteristics: 

• Type: Blockchain;
• Ticker:  EDN
• Technological standard: ERC20.  Subsequently, it is planned to replace it with a product of its own design - EDN;
• Functional characteristic: utility. 

According to the development plan, the total number of tokens will be one billion, provided with a par value of $ 24 million.  The issue starts with a pre-sale type A with a starting capital of $ 100,000 and bonus of 20 percent.  The second issue will be announced in May 2018.  After the initial placement of the tokens, the main issue will be announced.  In the hands of investors, it is planned to concentrate up to 40 percent of the assets of the entire project.  

As for the proportion of authors of the project, their assets are planned to be frozen for at least one year.  During this time, the criterion will have enough time to show its functionality, fall into the exchange register, gain liquidity.  In the future, it is planned to ensure the natural capitalization of Edenchain by burning unnecessary coins. For example, those that will be generated in the system from the proceeds of commissions for transactions.

 Stages of technological development  

The presentation of the project, ready to receive investments and display a practical part, was held in April.  This is not going to stop the developers.  Already in the second quarter of 2018, the world will be presented with the first versions of software for the storage of special tokens and the platform itself.  Over the next three months, it is planned to update the application versions from the alpha version to the beta and run their own stock resource.  The launch of the main network is scheduled for early 2019.  It should be noted that all the ambitions of the authors of Edenchain have found a response in the user environment.  Due to the large number of applications for registration, the owners even had to temporarily suspend the maintenance of the list of private investors.  According to experts, the goals of the project can be considered achieved.  Expected positions of the project in the medium term - between distributed registries such as IOTA and become a traditional blokchain. 

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