EDENCHAIN - A next-generation blockchain platform for a decentralized
What is Eden chain ?
EdenChain is a blockchain platform technology that can capitalize and trade all types of assets with the programmable Economy Platform technology.
FACTS ABOUT EDEN CHAIN
- The platform would have its own native blockchain and coin.
- The platform plans to solve blockchain uses like the security and perfomance aspect.
- The platform would support solidity similar to the ethereum smart contract language.
- The platform will use the E-Oracle technology for external system interworking which provides reliability and safety.
What makes Eden chain unique?
1. SECURE INTEROPERABILITY
ENSURES SECURE INTEROPERABILITY AMONG ON-CHAIN AND OFF-CHAIN SERVICES.
Existing blockchain technology is not safe from hacker threats such as data forgery, corruption, hijacking, etc., when smart contracts interwork with external systems. EdenChain's Secure Interoperability technology by E-Bridge architecture adopting E-Oracles consensus and Intel’s Software Guard Extensions (SGX) Enclave provides an environment in which smart contracts can securely interwork with external systems.
2. HIGH PERFORMANCE & SCALABILITY
PARALLEL EXECUTION - HIGH SPEED BASED ON PARALLEL PROCESSING OF TRANSACTIONS
EdenChain can process large volumes of transactions quickly. Namespace technology allows high-performance processing because it separates unrelated transactions into separate spaces and executes transactions in parallel. As transactions increase, the processing environment is organized by Namespace to maintain optimal performance at all times.
3. PRACTICAL YET LOW FEES
PER TRANSACTION FEE - AFFORDABLE AND REASONABLE PROCESSING COST FOR SMART CONTRACT EXECUTION
For existing smart contracts, processing costs are charged for each function based on prices of cryptocurrencies, and thus the processing costs are high. However, EdenChain's processing costs are inexpensive because it charges according to the number of executions regardless of the processing by function. Also, energy-efficient PoET consensus is designed flexibly to keep the processing costs at a reasonable level.
Architecture layers.
EdenChain is a permissioned blockchain consisting of three layers: a distributed ledger layer, a validation layer, and a bridge layer.
- Distributed ledger layer : This is a place where data used in the blockchain are separately stored, and only data of transactions agreed to in the validation layer are processed
- Validation layer : This is where a transaction is executed and verified, and includes an EVM to run a smart contract.
- Bridge Layer : is used to securely import data needed by an on-chain smart contract within the blockchain in cooperation with an off-chain
To know more about this project you can visit the :
My bitcointalk profile : bacrypto15
Eth address : 0x11Bc482Ef059AFFAEa099FC909BcdC5b021E0393
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