The project we have here aims at creating a unifying ecosystem where enterprises of all classes would thrive. Coming at this point when many businesses are considering the use of blockchain, there leaves no doubt that EDC Blockchain’s proposals would see the light of the day.
Coin Production
As reiterated earlier, there is growing interest blockchain concerning the prospects it has for the global economy. Of the highpoints of this project is the empowerment it gives businesses to create and delegate crypto coins as they wish. This is coming on the heels of its dispositions to bring more enterprises into the chain.
To achieve this seemingly daunting task, EDC Blockchain formulated Coin Constructor, which serves as a platform for minting coins. It is interesting to note that you can set about the task without being a professional in the world of blockchain programming.
Prospects for Businesses
The major target audience is the small and medium scale enterprises and other businesses that want to derive benefits from the blockchain technology. Further, through the empowerment to mine crypto coins, favoured businesses can now delegate their cryptocurrency startups to run atop the blockchain without hassles.
Leveraging Graphene Technology
Reputed for its efficiency, the Graphene technology was favoured above others to be the basis for cryptocurrency startups expected to be floated by enterprises on the EDC Blockchain. In addition to the use of Bitshares 2.0, transactions are expected to be facilitated at the rate of 100,000 per second. There is also support for the formation of new blocks o a 3-second basis with low transaction costs.
Maximum Security
It is no news that projects hinged on the blockchain are prone to security threats. Therefore, it is important to have a sort of hedge to prevent in its entirety or cut down the possibilities of these occurrences. On that basis, EDC Blockchain proposed the use of the LPoS consensus mechanism. The choice is because it has the capacity to rally users/miners against attacks, and issuing token incentives for the work done.
Wallet
You would need a place to store your crypto coins, wouldn’t you? That is the reason behind the invention of digital wallets. Given some inherent problems that threaten the functionalities of many wallets, EDC Blockchain delegated a separate version that allows you to trade and store multiple currencies. The wallet also facilitates the leasing of coins to the master node for mining in exchange for token rewards. It’s interesting to note that it has a fast transaction rate, meaning that lags wouldn’t be the major issue here.
Wallet preview :
Mining Process
Do you love mining and looking for an opportunity to do so? EDC Blockchain has a unique mining approach that uses the efficient Leased-Proof-of-Stake (LPoS) consensus mechanism. All there is to do is lending your coins to the master node to mine the EDC token. In the end, you’ll receive on a daily basis, a certain fraction of the mined tokens.
EDC Coin Information
EDC is on coinmarketcap.com as can be seen here 👉 https://coinmarketcap.com/currencies/edc-blockchain
Coin Name: Every Day Coin
Ticker: EDC
Role of Token: Utility
Token Supply: 100 billion
Exchanges
https://coinmarketcap.com/currencies/edc-blockchain/#markets
Final Thoughts
The launch of EDC Blockchain is the dawn of a new era for businesses joining the league of decentralized enterprises.
Useful project links
Website: https://blockchain.mn/
web wallet : https://wallet.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 : https://t.me/EDCBlockchain
YouTube : https://www.youtube.com/channel/UCdkt4HSObcdnSU4CrqZqgig
writer's info
Bitcointalk username : deodivine1
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1390292