Blockchain has in no small way changed for better the way things are been done in our society today, it’s an invention with a focus to instil maximum security, trust, efficiency and transparency within systems; however obvious challenges affecting the crypto-space at the moment are scalability, low transaction speed, vulnerability of tokens to attacks, complex process/requirements for mining tokens, paucity of token usage etc with the EDC blockchain we are bound to for the first time to witnessan end to all the above irregularities and then go ahead to develop new and better ways to make blockchain experience better than it is already.
.jpg)
EDC blockchain is an international platform that comes with its own cryptocurrency with pre-designed solution for business to thrive. It has been on the market-space since 2015 and so far has a profound presence in about 57 countries with about one million active users all in its kitty and at the present it is listed on world market like Yobit, Idax, Digifinex, Bit-z, coin hills, coin base, neironix etc. it’s amongst the first to feature a low power consuming mining algorithm called Leased proof of stake (LPoS) that will remotely carryout mining on the masternode at very fast transaction speed while you get profit transferred your EDC wallet even if you are a first timer. Its bit shares 2.0 graphene protocol ensures a faster transaction time, lower commissions and also ability to seamlessly carry to multi-task when working with different tokens.
WHAT TO EXPECT WITH EDC BLOCKCHAIN
• It will leverage on the bit shares 2.0 graphene technology to provide a faster transaction speed of about 100,000 per second, with capacity to seamlessly work with multiple tokens at the same and still form a block after every three seconds.
• It gives users the ability to develop coins using the coin constructor to create your kind of coin, launch start-ups and high tech projects and even conduct businesses, the coin constructor eliminates out rightly any need for powerful computing equipment/technology because a special code is generated to ensure the protection of digital assets. All assets developed on the EDC blockchain platform can be either stored as permanent assets or traded.
• EDC has carries out cryptocurrency mining on the hybrid leased proof of stake algorithm (LPoS), in creating cryptocurrencies the platform uses already made packages depending on the users budget, the packagesare basic, premium or plus. The basic aids the creation of coin, giving it a symbol and then description, the plus on the hand aids pre-mining, changing of emission figures and setting the symbols and description and then the premium gives the user the latitude to develop a fully fledged cryptocurrency using the proof of stake (PoS) mining algorithm and holistically carryout configurations on certain very key parameters, the premium is mostly good very complex projects.
• Users have the ability to carry out mining by leasing their coins to the masternodes and then later get commensurate benefit for them
• The EDC is always on its toes to birth new and much more advanced technology that will blockchain more appealing and available for everyone
REASONS FOR CHOOSING THE HYBRID LEASED PROOF OF STAKE (LPoS) ALGORITHM
EDC blockchain is amongst the first blockchain project to switch to the hybrid LPoS algorithm because it consensus mechanism offer advantages such as:
• Protecting and securing the networks and also ensure that rewards are fairly distributed
• It has the ability to attract and accommodate every class of investors to stake and get commensurate bonuses
• For the first time owners of small number of coins can stake or rent and get bonus
• All coin holders within the platform are transferred into the masternode
• The wallet operates as a multi-currency support system capable of providing maximum security and speed, coin holders can through the wallet transfer coins to the master suite in other words the EDC wallet makes it possible for one to mines coins from wallet directly.
CONCLUSION
The EDC blockchain project is a first of its kind because it gives individuals the opportunity to create individual token using the EDC blockchain coin constructor, it accommodates all class of investors, ensures remuneration for loyalty as well as cash back and fairly distributed bonuses, it is a project with a whole lot of capabilities to meet up with the major challenges affecting the crypto-space.
For more information,visit below;
Website: https://blockchain.mn
Whitepaper: https://blockchain.mn/wp-content/themes/blockchain/EDC_Blockchain-presentation_(EN).pdf
Facebook: https://www.facebook.com/EDCBlockchain
Twitter: https://twitter.com/EDCBlockchain
Telegram Channel: https://t.me/EDCBlockchain
Author: Nsiman
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2528525
Congratulations @nsiman! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPVote for @Steemitboard as a witness to get one more award and increased upvotes!