EDRCoin — Meet the brand new sustainable, energy efficient Cryptocurrency

[midnight_miner]

Dear shmeall,

If you do not want others to think of your coin as just another scam, there are a few guidelines to follow with PoS coins with LARGE pre-mines.

 - DO NOT stake the premine wallet.
 - Publish the Addresses of the Principal holders of the Coin / Company.
 - Theory on how you intend to maintain the 1 EDR = $1 USD value, and the allowable variance.
 
Strike 1: Your premine was dispersed to many addresses.
Strike 2: You are collecting PoS (staking) on the premine coins.  This undermines the value of the coin, especially for those purchasing on open market.
Strike 3: No documented plan on the amount of coins to release to market per day or by price.  You could dump anytime.

The coin is well on its way to qualifying as a Scam Coin.

Not to mention other issues:
 - Newbie account.
 - the ridiculously high PoS rate.
 - lack of information at launch.
 - no plan or road-map.
 - No background information on principal holders.

Look forward to your answers.

[1714325272]

1714325272

[1714325272]

1714325272

[1714325272]

1714325272

[serheo42]

Here is simple info: https://blockchain.mn/page/about and here https://blockchain.mn/faqs

if you would still have questions after that - let's get together and analyze anything about cryptocurrencies to help you understand all the details. Or just ask your questions and we will answer them, from one to another)
 

I find it difficult to understand what the chain of blocks.

[BTC-BTC-BTC]

Wow, very interesting. EDR is about a dollar and yobit's 24V is about 4BTC. What is going on here?

[iTradeChips]

Dear shmeall,

If you do not want others to think of your coin as just another scam, there are a few guidelines to follow with PoS coins with LARGE pre-mines.

 - DO NOT stake the premine wallet.
 - Publish the Addresses of the Principal holders of the Coin / Company.
 - Theory on how you intend to maintain the 1 EDR = $1 USD value, and the allowable variance.
 
Strike 1: Your premine was dispersed to many addresses.
Strike 2: You are collecting PoS (staking) on the premine coins.  This undermines the value of the coin, especially for those purchasing on open market.
Strike 3: No documented plan on the amount of coins to release to market per day or by price.  You could dump anytime.

The coin is well on its way to qualifying as a Scam Coin.

Not to mention other issues:
 - Newbie account.
 - the ridiculously high PoS rate.
 - lack of information at launch.
 - no plan or road-map.
 - No background information on principal holders.

Look forward to your answers.

yes this really looks shady. when i first read the OP i liked the idea. and now this..

[shmeall]

Thank you, dear midnight miner, for the constructive recommendations for development cryptocurrency. We want to be as transparent as possible in our actions.

Our premine was a necessity, since we already have a certain community of people who support our idea of ​​sustainability.

The main initiator of cryptocurrency were Charles Cheng , who also confirmed a significant portion of its assets, premining and their actions. Charles is a member of the United Nations on African countries where, in turn, social events will take place on helping the poor and protecting the environment.

Now EDRC cryptocurrency can be purchased on the two exchanges: c-cex.com, yobit.net
A total of 22 million will be released and the main purpose of their use is social entrepreneurship and the creation of environmental projects.

about Newbie account, we are not experts in creating cryptocurrency, and now maybe we do not have ready-made answers to all the questions, but we will show our work through actions. Regarding to our plans, we will post them here as they become available.

Dear shmeall,

If you do not want others to think of your coin as just another scam, there are a few guidelines to follow with PoS coins with LARGE pre-mines.

 - DO NOT stake the premine wallet.
 - Publish the Addresses of the Principal holders of the Coin / Company.
 - Theory on how you intend to maintain the 1 EDR = $1 USD value, and the allowable variance.
 
Strike 1: Your premine was dispersed to many addresses.
Strike 2: You are collecting PoS (staking) on the premine coins.  This undermines the value of the coin, especially for those purchasing on open market.
Strike 3: No documented plan on the amount of coins to release to market per day or by price.  You could dump anytime.

The coin is well on its way to qualifying as a Scam Coin.

Not to mention other issues:
 - Newbie account.
 - the ridiculously high PoS rate.
 - lack of information at launch.
 - no plan or road-map.
 - No background information on principal holders.

Look forward to your answers.

[shmeall]

And here is our founder's LinkedIn: https://cn.linkedin.com/in/charles-cheng-2b1606117

[ThePudge]

LOL. Nice try.
Founder of this shit is Alexandr Kolbasov. He worked with Sergei Mavrodi (https://en.wikipedia.org/wiki/Sergei_Mavrodi) in russian scam "MMM-2011".
Here Kolbasov in EDRC presentation: https://www.youtube.com/watch?v=D-4gP_tg_w4
Here Kolbasov with Mavrodi on russian tv show: https://youtu.be/Ry3hwPoQ-Qs?t=1718
Here Kolbasov on "MMM-2011" meeting in Yekaterinburg: https://www.youtube.com/watch?v=_5CYB48ceHg

And look at their blockchain: https://blockchain.mn/ in source code of this page you can see that blocks stream just randomly generating by JavaScript 

So yes. This is just stupid scam. Thank you for attention.

I see this currency was deleted from "yobit". Thank God!

[shmeall]

Dear ThePudge,

Founder of EDRCoin is Charles Chang

In youtube videos posted by you, have spoken about E-DINAR, not EDRCoin. E-DINAR is not EDR Coin, there are two completely different projects.

Real cryptocurrency turnovers can be seen here http://api.blockchain.mn:3001/richlist.

Source code can be explored here: https://github.com/EDRCoin.

Trading on the Yobit stock exchange is continuing, here is the link: https://yobit.net/ru/trade/EDRC/BTC

[shmeall]

Another good news: we have created a section "mass media about us", where you can see the publications in media about our cryptocurrency. Here they are: https://blockchain.mn/page/press, and http://edrcoin.com/press/

[shmeall]

getinfo EDRCoin
{
"version" : "v1.0.0.2",
"protocolversion" : 60013,
"walletversion" : 60000,
"balance" : 324.99693000,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 19206,
"timeoffset" : -5,
"moneysupply" : 3311506.64897027,
"connections" : 31,
"proxy" : "",
"difficulty" : {
"proof-of-work" : 0.00723459,
"proof-of-stake" : 0.07515611
}

[shmeall]

We have the great news for you!

We have prepared a series of updates that significantly increases the comfort level in working with EDRCoin cryptocurrency. Thanks to the innovations your abilities to work with EDRCoin.com become much larger, and mining has become even more accessible.

First of all, it introduces a new, colorful design Paper the Wallet. Paper Wallet - for those who want to be bright and unique! Also, you can download our wallets here: https://blockchain.mn/wallet

Another good news - edrcoin.com appeared localized versions of the website in new languages for the miners from different countries of our planet and now number of versions of the site is eight: Chinese, English, French, German, Italian, Portuguese, Russian, and Spanish.

And if you like to use plug-ins in web-browsers, here is our EDRCoin plugins for Chrome browser: https://chrome.google.com/webstore/detail/edrcoin-modern-decentrali/
and EDRCoin plugin for Firefox browser: https://addons.mozilla.org/en-US/firefox/addon/edrcoin/


Follow us, stay up to date and do not miss the fun!

[zial]

Interesting idea on energy efficiency, it would be great to be able to buy solar panels for cryptocurrency

I have a house and all the time I have problems with light, solar panels can not only solve my problem but also take care of our land.

Can I buy solar panels for your currency?

[shmeall]

EDRCoin is cryptocurrency that officially listed on coinmarketcap.com now! Here we are: https://coinmarketcap.com/currencies/edrcoin/

[pujumba]

EDRCoin is cryptocurrency that officially listed on coinmarketcap.com now! Here we are: https://coinmarketcap.com/currencies/edrcoin/

what is the bounties for make a decent  OP and translates and a new coin  logo

[halibit]

Hello from alcurEX exchange.

EDRCoin has been added in alcurEX.
EDRC-BTC market:  https://alcurex.org/index.php/crypto/market?pair=EDRC_BTC

Welcome
-halibit-



ALCUREX is an cryptocurrency financing company registered in Finland.

[midnight_miner]

Interesting idea on energy efficiency, it would be great to be able to buy solar panels for cryptocurrency

Zial,

When the coin promoter is referring to energy efficiency of the coin he/she is referring to the Proof-of-Stake aspect.

PoS uses less energy in growing the money supply compared to mining (Proof-of-Work).

The vote is split on which money supply is a better choice, but PoS and the technology used in EDRCoin is nothing really new.

This coin started with a well deployed press release to attract attention from those not already involved in crypto.

I am watching to see how this statement will play out in the future:

DRC’s eco-friendly operations are carried in collaboration with independent private farms situated in different parts of the globe. 7 percent of the income generated from EDRC system would be utilized for the restoration of mangrove forests in Asia and the development of new solar panels.

Taken from their press release.

What seems to have disappeared is the United Nations connection...

[lara59236]

Will it fixed at 1$ and will not be more??

[shmeall]

EDRCoin Faucet starts today!

Dear community members and owners of EDRCoin wallets! Now and cryptocurrency EDRCoin launched the faucet - a service that allows anyone interested to receive 0.01 EDRC absolutely for free every hour!

All you need to do - is to go to http://rootapi.blockchain.mn/, enter the number of your EDRC wallet and click to "request" button. Once the faucet will process your request - you get 0.01 EDRC to your wallet. Please note that the faucet is not automatic - for each new inquiry you will need to visit the site and create a request.

Congratulations to all the fans of EDRCoin cryptocurrency with service launch! Stay with us,  more exciting news are waiting for you!

[cryptoman77777]

there are online wallet EDRCoin?
doesn't work here https://blockchain.mn/wallet

[BTC-BTC-BTC]

What is the annual POS rate?