Distributed Ledger technology (DLT) is one of the most significant emerging technology of current time.
DLT is the digital system of recording the transaction in multiple places at the same time.
Blockchain which record transactions into blocks are chained together, is the most efficient & scalable network and probably the best known type of distributed ledger technology.
There are many existing blockchains of various Cryptocurrencies such as BTC, Bitcoin cash, ETH, Ontology etc. But many of them are dedicated to only one cryptocurrency.
So, such kind of blockchains have limitation of exclusiveness of only 1 Cryptocurrency.
#EDC Blockchain overcoming this limitation by paving the way for new cryptocurrencies & providing them a seamless & secure platform.
#EDC Blockchain is the global platform & has its own cryptocurrency (EDC coin), providing readymade blockchain solutions to new cryptocurrencies.
1• Brief Introduction
#EDC project existing in the Crypto space since 2015.
#EDC community currently have over 1,000,000 active users of 57 different countries.
2• Uses of #EDC Blockchain
The sole purpose of #EDC project is the development of any business via cryptonomics.
Using #EDC Blockchain anyone can do the following mainstream businesses & tokenize them.
• Medium-sized business, small business or individual entrepreneur activities.
• Public organisations, including charitable & religious organisations.
• Hobbies, handicraft & any hobbies of ordinary people.
(I) #EDC Blockchain uses the most eloquent & advanced technology #Bitshares 2.0 based on #Graphene platform.
In short, the specifications of #Graphene blockchain system are as follows.
1- #Graphene platform is the fastest blockchain existing we have right now.
In which #Bitshare can perform upto 100,000 transactions per second which is several times faster than #VISA system which is the largest financial provider in conventional mainstream system.
2- #Graphene platform generate a new block in every 3 seconds.
3- #Graphene support the payments with zero commission. The commission fee for any transaction with in the #EDC blockchain is 0.001 EDC irrespective of the transaction amount.
4- #Bitshare 2.0 Graphene also possesses the ability to create multiple tokens at the same time.
(II) #EDC Blockchain is providing an unique feature called "EDC Blockchain coin constructer".
Anyone can create its own cryptocurrency by using #EDC platform.
You don't need Power computing equipment for mining your tokens, also you don't need to buy hosting. Platform will do all things for you including programming.
You can create your own token which will be protected by a special code. You can also enjoy the many advance features & your cryptocurrency will be based on LPoS(Leased Proof of Stakes) mining algorithm.
#EDC platform also provide package deals for creating crypto assets, listing on partner exchanges across the world & full marketing support to your project.
(III) • One of the most important feature of #EDC blockchain is its mining algorithm.
While many are still on PoW (Proof of Work) or shifted to PoS (Proof of Stakes) for concensus.
But the next level of concensus is #LPoS (Leased Proof of Stakes) which is adopted by #EDS blockchain.
In #LPoS you can choose between running a full node or masternode and lease your stakes to receiving rewards unlike PoS.
Each participant recieves their share in proportion to the contribution.
In #LPoS even a less stakes holder also have the excellent opportunity to receive a stable reward.
3• #EDC Blockchain Decentralised Exchange
The developers of #EDC also started to work on their own decentralised exchange.
The key feature of this exchange will be that it not rely on its own servers but users only can get access to their own assets by using private keys. This will make hacker attacks worthless.
On a concluding note, #EDC blockchain is the complete package of various cryptocurencies & its own Decentralised exchange which offers many features like LPoS, Coin constructer, Readymade blockchain & many more features.
For more information check out below links:
Website
Twitter
Telegram
WHITEPAPER
FACEBOOK
YOUTUBE
INSTAGRAM
GITHUB
Author- Sumit Bisht
BItcointalk username: Sumit44
Bitcointalk profile
My EDC address - Samb424
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