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Author Topic: [ANN] EDC Blockchain - global platform with its own cryptocurrency  (Read 5266 times)
zarad0
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April 30, 2019, 06:32:32 PM
 #101

The leasing program allows not to sell tokens, but to store them by transferring them for leasing and making a profit from the holding tokens.

Now there are many programs that support investors and provide them the opportunities for additional earnings in addition to the growth of token price.

Now the market conditions are very difficult and startups do everything possible to hold the investors.

Startups need to grow and evolve in order to hold investors. Competition in crypto market is now very big and a lot of scams.
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April 30, 2019, 06:47:50 PM
 #102

The leasing program allows not to sell tokens, but to store them by transferring them for leasing and making a profit from the holding tokens.

You using a leasing program. What kind of mining algorithm do you us? Who mine EDC tokens?

On the EDC blockchain platform, the hybrid LPoS algorithm (Leased Proof-of-Stake), i.e, “leased proof of ownership interest”, works. This consensus mechanism has its significant advantages: for example, it attracts all users, regardless of their stack, to work on protecting and securing the network, and distributes the reward fairly, as each participant receives their share in proportion to the contribution. This is an excellent opportunity even for owners of a small number of coins to get bonuses. The essence of the algorithm is that owners of smaller amounts of cryptocurrency rent their coins to full-fledged nodes, while the nodes form a block, therefore, the owners receive their share of the total reward. This principle is similar to mining pools, which now serve almost the entire Bitcoin network. Due to the initiation and stimulation of network members with smaller amounts, the level of its security is also increased. The EDC blockchain platform is one of the few pioneers which is switching its mining algorithm to the LPoS algorithm. All coin holders are merged into masternodes.

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April 30, 2019, 06:58:38 PM
 #103

congratulations for having a thread in bitcointalk own and address the doubts of the community, very good action really ...
I have a doubt and heard that you can raise a personal masternodo with a certain amount of coins and not leasing them ... is it true?
and on a personal recommendation to lease the coins and not be able to dispose of them for 3 6 or 12 months in my case that put them discouraged to put everything in EDC ... would be interesting to change a little that ...
simpsons_support
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April 30, 2019, 07:54:27 PM
 #104

congratulations for having a thread in bitcointalk own and address the doubts of the community, very good action really ...
I have a doubt and heard that you can raise a personal masternodo with a certain amount of coins and not leasing them ... is it true?
and on a personal recommendation to lease the coins and not be able to dispose of them for 3 6 or 12 months in my case that put them discouraged to put everything in EDC ... would be interesting to change a little that ...

The first owner of the Masternode will be Ecrofund from the EDC, which will initially form the Masternode and be able to accept leases from users in order to put the entire system into operation.
By the way, everyone can organize their own fund and become the owner of a masternode. To create your own masternode, you need to have 100 million coins in your wallet balance, then contact the online support on the website for more detailed information. Especially for our users, we opened the possibility to place several leasing deposits for different terms at once.

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May 01, 2019, 07:37:48 AM
 #105

congratulations for having a thread in bitcointalk own and address the doubts of the community, very good action really ...
I have a doubt and heard that you can raise a personal masternodo with a certain amount of coins and not leasing them ... is it true?
and on a personal recommendation to lease the coins and not be able to dispose of them for 3 6 or 12 months in my case that put them discouraged to put everything in EDC ... would be interesting to change a little that ...

The first owner of the Masternode will be Ecrofund from the EDC, which will initially form the Masternode and be able to accept leases from users in order to put the entire system into operation.
By the way, everyone can organize their own fund and become the owner of a masternode. To create your own masternode, you need to have 100 million coins in your wallet balance, then contact the online support on the website for more detailed information. Especially for our users, we opened the possibility to place several leasing deposits for different terms at once.

As I anderstand everybody can have a Masternode for 100 million coins. How many Masternodes will be in total?

simpsons_support
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May 01, 2019, 08:19:08 AM
 #106

congratulations for having a thread in bitcointalk own and address the doubts of the community, very good action really ...
I have a doubt and heard that you can raise a personal masternodo with a certain amount of coins and not leasing them ... is it true?
and on a personal recommendation to lease the coins and not be able to dispose of them for 3 6 or 12 months in my case that put them discouraged to put everything in EDC ... would be interesting to change a little that ...

The first owner of the Masternode will be Ecrofund from the EDC, which will initially form the Masternode and be able to accept leases from users in order to put the entire system into operation.
By the way, everyone can organize their own fund and become the owner of a masternode. To create your own masternode, you need to have 100 million coins in your wallet balance, then contact the online support on the website for more detailed information. Especially for our users, we opened the possibility to place several leasing deposits for different terms at once.

As I anderstand everybody can have a Masternode for 100 million coins. How many Masternodes will be in total?
no amount limit

caribbean_dream
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May 01, 2019, 09:11:30 AM
 #107

The leasing program allows not to sell tokens, but to store them by transferring them for leasing and making a profit from the holding tokens.

You using a leasing program. What kind of mining algorithm do you us? Who mine EDC tokens?

On the EDC blockchain platform, the hybrid LPoS algorithm (Leased Proof-of-Stake), i.e, “leased proof of ownership interest”, works. This consensus mechanism has its significant advantages: for example, it attracts all users, regardless of their stack, to work on protecting and securing the network, and distributes the reward fairly, as each participant receives their share in proportion to the contribution. This is an excellent opportunity even for owners of a small number of coins to get bonuses. The essence of the algorithm is that owners of smaller amounts of cryptocurrency rent their coins to full-fledged nodes, while the nodes form a block, therefore, the owners receive their share of the total reward. This principle is similar to mining pools, which now serve almost the entire Bitcoin network. Due to the initiation and stimulation of network members with smaller amounts, the level of its security is also increased. The EDC blockchain platform is one of the few pioneers which is switching its mining algorithm to the LPoS algorithm. All coin holders are merged into masternodes.


Such kind of mining algorithm encourages investors to lease their coins and not sell them.
barabeku
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May 01, 2019, 10:53:15 AM
 #108

LPoS algorithm is good when market grows or stable. It market falls it becomes not so good. But in all cases to get leasing payment it is better just to get nothing.
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May 01, 2019, 11:31:50 AM
 #109

LPoS algorithm is good when market grows or stable. It market falls it becomes not so good. But in all cases to get leasing payment it is better just to get nothing.

But now crypto is growing. For example Bitcoin grows for 30% for last month. Payment for leasing will give extra benefit for investors.

cybitmedia
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May 01, 2019, 01:12:16 PM
 #110

The more people will participate in leasing program the more demand will be in tokens the higer will be the the price. But I agree that crypto startups too much dependend from the crypto market conditions and the price of Bitcoin and Ethereum.
BitMaximum
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May 01, 2019, 02:07:00 PM
 #111

Tokens of many projects are on the blockchain of Ethereum and that is why they are to much dependent from the price of Ethereum.

simpsons_support
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May 01, 2019, 02:43:48 PM
 #112

Tokens of many projects are on the blockchain of Ethereum and that is why they are to much dependent from the price of Ethereum.

we have our own blockchain, we also have a coin designer with which you can very easily and quickly create your token on our blockchain, in more detail you can read the link https://blockchain.mn/coin-constructor/

BitMaximum
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May 01, 2019, 02:46:56 PM
 #113

Tokens of many projects are on the blockchain of Ethereum and that is why they are to much dependent from the price of Ethereum.

we have our own blockchain, we also have a coin designer with which you can very easily and quickly create your token on our blockchain, in more detail you can read the link https://blockchain.mn/coin-constructor/

It is much more better that you have your own blockchain. It such case you will not be dependent from the problems of Ethereum blockchain and the price of Ethereum.

simpsons_support
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May 01, 2019, 02:57:41 PM
 #114

Tokens of many projects are on the blockchain of Ethereum and that is why they are to much dependent from the price of Ethereum.

we have our own blockchain, we also have a coin designer with which you can very easily and quickly create your token on our blockchain, in more detail you can read the link https://blockchain.mn/coin-constructor/

It is much more better that you have your own blockchain. It such case you will not be dependent from the problems of Ethereum blockchain and the price of Ethereum.

own blockchain  https://explorer.blockchain.mn/

trombocoin
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May 01, 2019, 03:20:50 PM
 #115

Tokens of many projects are on the blockchain of Ethereum and that is why they are to much dependent from the price of Ethereum.

we have our own blockchain, we also have a coin designer with which you can very easily and quickly create your token on our blockchain, in more detail you can read the link https://blockchain.mn/coin-constructor/

It is much more better that you have your own blockchain. It such case you will not be dependent from the problems of Ethereum blockchain and the price of Ethereum.

own blockchain  https://explorer.blockchain.mn/

It is good, everything is possible to check. I see a lot of people create account. What does mean: Active Witnesses 11 and Active committee members 12?
simpsons_support
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May 01, 2019, 03:38:31 PM
 #116

Tokens of many projects are on the blockchain of Ethereum and that is why they are to much dependent from the price of Ethereum.

we have our own blockchain, we also have a coin designer with which you can very easily and quickly create your token on our blockchain, in more detail you can read the link https://blockchain.mn/coin-constructor/

It is much more better that you have your own blockchain. It such case you will not be dependent from the problems of Ethereum blockchain and the price of Ethereum.

own blockchain  https://explorer.blockchain.mn/

It is good, everything is possible to check. I see a lot of people create account. What does mean: Active Witnesses 11 and Active committee members 12?

Witnesses are the elements of blockchain, distributed proxy servers that work as an account book for all operations that are made within the blockchain system. The information is transmitted to the edcwallets of all blockchain the users. Thus, everyone who has an edcwallet can track all transactions that are conducted and fixed within the blockchain system.

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May 01, 2019, 04:42:58 PM
 #117

Tokens of many projects are on the blockchain of Ethereum and that is why they are to much dependent from the price of Ethereum.

we have our own blockchain, we also have a coin designer with which you can very easily and quickly create your token on our blockchain, in more detail you can read the link https://blockchain.mn/coin-constructor/

It is much more better that you have your own blockchain. It such case you will not be dependent from the problems of Ethereum blockchain and the price of Ethereum.

own blockchain  https://explorer.blockchain.mn/

It is good, everything is possible to check. I see a lot of people create account. What does mean: Active Witnesses 11 and Active committee members 12?

Witnesses are the elements of blockchain, distributed proxy servers that work as an account book for all operations that are made within the blockchain system. The information is transmitted to the edcwallets of all blockchain the users. Thus, everyone who has an edcwallet can track all transactions that are conducted and fixed within the blockchain system.

Thank you for the answer. It is good they every wallet holder can check all the transactions. It will be more trust to the system.
OPEXinfo
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May 01, 2019, 05:30:27 PM
 #118

Thanks transparency of blockchain tokens holders can check a lot, transactions, new users, time of transaction and many other things.
lumierre
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May 01, 2019, 05:44:11 PM
 #119

The more people will participate in leasing program the more demand will be in tokens the higer will be the the price. But I agree that crypto startups too much dependend from the crypto market conditions and the price of Bitcoin and Ethereum.

For the last month Bitcoin grow for 30%. It means that the price of other tokens will grow too. If you have a leasing program investors will have more profit.
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May 02, 2019, 07:42:35 AM
 #120





Just imagine if you can buy a car online from another person and at the same time you fully trust information about its mileage, repairs, and maintenance, while the financial operation takes a few seconds, and you do not overpay interest to agents.

Does it sound unreal? We would like to tell you that such a project has already been launched by one of the Dutch startups, which intends to completely digitize the purchase of both new and used cars. Thanks to the blockchain technology, everything becomes real.


Blockchain World

Business does not stand still, as modern entrepreneurs obviously choose the blockchain technology for their business which gives them a number of advantages, among which the main ones are security, fast transaction speed, and income increase. Thus, do you know that such giants as Pepsi Co and FedEx are thinking about switching to blockchain? These corporations will follow the experience of the Foxconn company, which specializes in electronics and has already implemented blockchain in its distribution network.

Respectively, any product of any company - whether it's dinner at a restaurant, refueling your car, shopping or buying a business company - can be paid with a cryptocurrency.

In the near future, you can even find employees using blockchain technology! In the recruitment field, blockchain is being developed to improve the candidate selection system. The technology is used to track and confirm that potential employees have the necessary skills and work experience.

Using blockchain, it will be even possible to rent an office for your business. The technology has penetrated into the real estate sector, as well as the sector of the sale and rental of housing, making this industry cheaper and more efficient. Speaking about real estate, all the computing power that is now needed for mining can be aimed at protecting smart home systems, internal networks, as well as devices of individual users. This will create almost 100% security against cyber-hacking threats.

In addition, blockchain technology is used in healthcare. IDC Health Insights says that this year more than 20% of pharmaceutical organizations will switch to blockchain projects. As a result, by 2020 a huge number of corporations will have their own operational blockchain. In fact, our most important asset, human health, is closely connected with this technology.


Why is this happening?

Blockchain technology can improve business processes and positively affect our daily lives.

As an example, let's consider the main advantages of blockchain systems over conventional banking systems:

1) Anonymity, reliability, transparency are the main features of blockchain technology. All personal information is encrypted, therefore, it cannot be accessed unless the user himself gives access to it. At the same time, transparency and reliability of all transactions are guaranteed.

2) Lack of intermediaries. To date, all banking documentation and currency operations pass through a large number of intermediaries. Virtual systems do not require such an approach and constant verification by third parties.

3) No overpayments. The bank, like any other intermediary organization, necessarily takes a percentage for the provision of its services. With blockchain, there is practically no commission, as they are set by users on their own.

As a result, the blockchain technology transforms the economy and takes it to a completely new level, where market participants can interact without intermediaries.

A few words about smart contracts. Since many services are now standardized, blockchain allows you to implement smart contracts that will be drawn up, sent and signed by the participants in the operation automatically. The blockchain can also provide an e-voting procedure, as well as other procedures and processes. Organizations, including banks, financial companies, insurers, lawyers, retailers and other, will be able to negotiate among themselves without the participation of regulatory authorities.

So, the globalization of the blockchain technology is inevitable - moreover, it is already approaching by leaps and bounds. And this, in turn, will entail important changes among the cryptocurrencies: some of them will dissolve, others will ascend.


What is a future cryptocurrency?

The answer is simple: for the one that will withstand globalization. The fact is that the marketplace (or the lack of it) plays the leading role in the globalization of a particular coin. And as you know, for many cryptocurrencies, the marketplace function was manually added later. Hence there is an inconvenience when the client is in the “choice without choice” position: slowly and cheaply or expensively and quickly.

The EDC coin is one of the few cryptocurrencies for which the marketplace was originally developed. Therefore, EDC has all the opportunities to become a catalyst for a convenient and modern trading platform, thanks to which you will be able to purchase the right product or service from anywhere in the world - whether it is to pay a taxi, buy your own car or purchase an enterprise.


Let’s sum it up

The blockchain technology is growing every day. Most entrepreneurs initially build their business on the blockchain, while large giants are planning a quick transition to it. This technology is already bringing the economy to a new level, where market participants interact without intermediaries, while all transactions are reliable and are completed in a matter of seconds.

Of course, with such globalization, cryptocurrency is changing the world which was familiar to us. For many coins, this is a struggle for survival, where developers face the problem of the marketplace and rush to implement this feature. Other coins, such as EDC, were originally developed for the marketplace. Therefore, its prospects for the introduction of the global marketplace are higher.


via https://blockchain.mn

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