REASONS WHY EDC BLOCKCHAIN IS WORTH THE ATTENTION OF THE PUBLIC

aaaadon (25)in #exchange • 5 years ago

Assuming as a marketer or promoter of a business, and on approaching an investor he asks can you give reasons as to why this business or product is worth the attention and my money; as a promoter of that business you will easily fall back on your little research so as to give tangible reasons why that investor or user should patronize the business you are promoting. What I am trying to point out is that, every platform irrespective of who owns it or the team behind it must have reasons why it is worth the attention of the public.

In the world today, there are offline investments in the form of real estate etc and online investments which can be in the form of cryptocurrencies; no matter the category of investment line, we still need reasons why we should invest or consider investing. Thus, by using the cryptocurrency space as a case study, ever since its advent, blockchain technology which gave rise to cryptocurrencies has grown from strength to strength thereby bringing a new revolution to the world. This revolution comes in the form decentralizing new and existing platforms, using smart contracts to enforce an agreement between two parties, ensuring users of blockchain platforms are always in control of their personal data, bringing the process of mining, tokenization etc.

Indeed blockchain technology made all these possible which were carried out by different blockchains, that is, Ethereum made possible the use of smart contracts. With this in mind, and in an effort to ensure the blockchain space keeps growing led some professionals into building a blockchain platform known as EDC BLOCKCHAIN.
The team behind EDC blockchain are well experienced in the field of cryptography thereby having the notion that its blockchain can offer more to mankind.

REASONS WHY EDC BLOCKCHAIN IS WORTH THE ATTENTION OF THE PUBLIC

EDC blockchain is purely designed to be a worldwide platform and to confirm this, has more than 1,000,000 users in 57 countries while having its very own cryptocurrency along these lines, giving instant and dependable blockchain solutions for all businesses. When one studies EDC blockchain, the team utilizes Bitshares 2.0 Graphene protocol, thus the reason behind the formation of blocks every 3 seconds at the same time working with many tokens simultaneously. Furthermore, another reason for Bitshares protocol is to ensure the blockchain offers up to 100,000 TPS (Transactions Per Second) which is far greater than most blockchains such as Ethereum.
Owing to the fact there are limitations amidst advantages within PoW (Proof-of-Work) and PoS (Proof-of-Stake) mining algorithms, which comes in the form of high electricity consumption in the case of PoW and limiting of miners in the case of PoS; EDC blockchain took a different path by using a hybrid algorithm known as LPoS (Leased Proof-of-Stake) which obliges all miners or users regardless of the number of their coins.
Therefore with LPoS, when they (miners or users) rent their coins to the EDC masternode, they form a block in this way adding to the security of the network while the users are compensated based on their contribution. For convenience, EDC makes it possible for mining to start automatically without users doing or performing any action other than renting their coins.
Another reason why EDC blockchain is worthy of Investing is that the team have the mindset that EDC blockchain can offer more to mankind along these lines building it to be a multifunctional and superior platform, properly suited to fulfil the needs of numerous users and businesses. For businesses, EDC offers tokenization which makes it possible for these businesses leveraging EDC blockchain to grow tremendously while increasing their capital.
EDC business tokenization is achieved with coins constructor within the blockchain, accordingly making it easy for businesses to develop their business token without the need for external experts. These developed token can be a basic/simple token or an advanced/mineable token utilizing LPoS (Leased Proof-of-Stake) algorithm; in all, the token will be listed on EDC partner cryptocurrency exchanges.

CONCLUSION

As earlier stated, there has to be reasons which will drive investors into investing in any project and the same is with EDC blockchain.
EDC blockchain is an easy to use blockchain network which will be appropriate for the businesses and variety of users worldwide. Thus can be seen that EDC offers tokenization of businesses, a simpler mining procedure dependent on LPoS algorithm, a faster blockchain and so on.