Overview of the EdenChain project

in #ico6 years ago

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Users actively engaged in activities in the crypto-currency area are constantly faced with many problems: hacker attacks, very expensive and long transactions, etc. A new project being developed in Korea is going to eliminate them. EdenChain found the best solution to these problems and claims to be the leader in the virtual currency world.


EdenChain is a new revolutionary blockchain project that will change everything, subdue all the old blockchain and become a leader. So this platform is represented by developers. It is often compared to such giants as Ethereum and EOS.

EdenChain is trying to build a new economy through an innovative blockchain. The company wants to place inside its blockchain not only the material, but also intangible values ​​that are familiar to us. This will cover the entire digital economy. That is, on equal terms with gold, stocks and crypto-currencies in smart contracts, such concepts as time, reputation, technological basis, and education will still be involved. On the one hand, it is not entirely clear how you can tokenize your scientific knowledge, but the developers promise to give this opportunity to all comers. Thus, receiving a certain education, feedback on the quality of their knowledge, users will be able to set an objective assessment of their efforts and time spent, having received a virtual currency for this. It is also possible to sell these resources and receive a monetary reward for this.

Cryptocurrency, provided on the platform, is called EDN. At the moment cost is 0.06 US dollars, but the sale of the tokens has already finished.

The advantages of the project:

The main advantages of the EdenChain project include a high level of security and performance. Also, users will enjoy a very low commission percentage for transactions. EdenChain is a blockchain with the need for preauthorization. That is, each user before starting work will need to access the network. While it is not known how it will go, but the developers say that it will provide absolutely safe operation of users.

In this aspect of the platform, you can compare with ETN, which has a similar application called "LA Token platform" (a platform in which you can buy not only the cryptocurrency, but also company stocks, oil, gold). But due to the fact that the ETH blockchain is not safe in terms of determining the identity of the buyer, the platform had to finish KYC and solve a lot of emerging problems.

In blockchain EdenChain, the incident of such a situation is excluded. All identification procedures will pass automatically and not cause any inconvenience to the user.

High performance is that a program such as a "namespace" functions on the platform. The higher the quality of the network, the more transactions can be processed. Each generated transaction automatically refers to one of the namespace. This structure allows you to group operations on specific blocks and perform them in parallel. That is, in the same namespace, the same transactions are executed simultaneously. Compared to competitors, the scalability of this network is very good.

The project team:

11 highly qualified specialists from Korea are working on the platform. This suggests that EdenChain will be a truly high-quality product with an unusual approach to solving user problems, since most of the revolutionary projects were developed exactly on the territory of Korea.

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Conclusion:

The innovative and safe methodology of the EdenChain platform has every chance to turn the world of cryptocurrency and greatly simplify the life of users.

Information about the project:

Official site: https://edenchain.io/
Whitepaper: https://edenchain.io/EdenChain-Technical-Paper-v2-en.pdf
Telegram: https://t.me/edenchainio
Twitter: https://twitter.com/edenchainio
Facebook: https://facebook.com/edenchainio

My profile - https://bitcointalk.org/index.php?action=profile;u=2076964
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Nice presentation of the project. Up vote and follow done. Keep up the good work.

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