EdenChain is a blockchain based platform that allows to capitalize and trade all types of assets (both tangible and intangible like stocks, real estate, vehicles, gold, game items and credit card points) using the technology of programmable economy. Programmable economy has a number of advantages including lower transaction costs and transaction process simplification due to the lack of middlemen. Besides, it makes sharing profits among the community members possible.
Today processing fees for smart contracts are charged based on the cryptocurrency rates and the number of individual functions, thus, the costs are high. EdenChain’s costs will be low since fees are charged according to the number of executions, and not the number of functions. Also, the energy-efficient PoET consensus is designed in a way allowing to keep the processing costs at an appropriate level.
EdenChain has far-reaching plans of becoming a global platform which can be used in different industries and applications, provide an ICO platform for start-ups where they are able to launch their own ICOs no matter what sector is preferred (IoT, B2B, services, P2P Finance, games, shared economy, etc.).
The implementation of programmable economy can cause two problems-- performance and non-secured connectivity—and EdenChain team that consists of experienced blockchain developers, strategy, business development, finance and marketing experts, are focused on solving them through the employment of software and hardware able to improve the performance of the network while protecting blockchain against external hackers.
Currently, EdenChain can process a large number of transactions in a speedy manner. The technology Namespace which is used on the platform allows to separate transactions and process them in parallel. Also, if the company’s computing resources are expanded, the system will increase its performance in linear manner.
Moreover, since the number of namespaces and transactions in each of them are not limited, in theory, EdenChain can handle an indefinite number of tps (with 1,000 tps per 1 namespace).
As regards the security issues, EdenChain's Secure Interoperability technology uses the E-bridge layer to retrieve data from multiple data sources, encrypts the data and applying the median voter theorem (MVT) protects them from being compromised. Thanks to the E-Oracles consensus and Intel’s Software Guard Extensions (SGX) Enclave a safe environment is created in which smart contracts can securely interact with external systems.
We also want to bring it to your attention that, according to EdenChain's roadmap, MVP Alpha version will be available in the end of April, which is really soon.
Another platform’s advantage is that it supports the most widely-used smart contract language named Solidity.
And now let us give you some EdenChain ICO details.
No private sales are planned!
Crowdsales are planned to start in May 2018, and whitelisting is scheduled to commence on 1 April 2018 08:00 UTC.
1 billion EDN tokens are to be issued and allocated.
The rate is:
1 EDN = $0.6
Bonuses will be available during the pre-sale (round A and B) that will be open to strategic investors and active contributors of the community.
EDN token distribution will commence in June 2018. All EDNs will be locked until major exchange listing.
<center><a href="https://edenchain.io/">Website</a> | <a href="https://edenchain.io/EdenChain-Technical-Paper-v2-en.pdf">Whitepaper</a> | <a href="https://t.me/edenchainio">Telegram</a> | <a href="https://twitter.com/edenchainio">Twitter</a> | <a href="https://facebook.com/edenchainio">Facebook </a>| <a href="https://medium.com/edenchainio">Мedium</a> </center>
Authored by: <a href="https://bitcointalk.org/index.php?action=profile;u=917365">monarx</a>
hiveblocks