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June 30, 2019, 12:14:59 PM
 #181




New “Aladdin” in EDC Stickers!


EDC Blockchain designers updated “Aladdin” stickers for Telegram messenger!





Now it's even easier to express your emotions thanks to free EDC-themed stickers!

Communication is one of the most important values ​​in society.

Stickers make your communication in social networks brighter, more emotional and more dynamic. Thus, branded stickers also arouse interest in the EDC Blockchain company!

You can download a set of stickers and install it into your instant messenger by following the link!.




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July 01, 2019, 08:40:49 AM
 #182




Proof of Stake VS Proof of Work: Which Mining Method Is Better?


A specific algorithm is used when mining cryptocurrency. On the Internet, controversy continues which algorithm is better: Proof-of-Work or Proof-of-Stake. The answer is simple as usual. Let us see.


PROOF-OF-WORK: “UNLUCKY” NUMBER 51

Proof-of-Work is the first algorithm used to mine cryptocurrency, although it was created for another purpose, such as protecting the server from DDoS attacks and spam. The essence of PoW is in carrying out complex computational operations using computer technology. In the crypto field, this is a mechanism to confirm the fact that mining is actually carried out.

Proof-of-Work is a secure time-tested algorithm. It is used in the Bitcoin, Litecoin and Ethereum systems, although Ethereum is about to switch to PoS.

But why does PoW start leaning back? In addition to the large cost of electricity,  51% is the first association that arises from using the Proof-of-Work algorithm.

This is the fact that having 51% of the computing power, a user can “rewrite” the history of the coin for themselves. Could you imagine that a multimillionaire can buy a supercomputer, connect a power station to it, and do with cryptocurrency whatever they want? Does it sound unreal?

Thus, once upon a time, a man did not even consider it possible to travel to the moon. Absolutely everything is only a matter of time.


PROOF-OF-STAKE: PERFECT BUT...

Now the entire online community is excited about the idea of ​​switching to Proof-of-Stake algorithm. Take note, that the PoW method was created before the appearance of cryptocurrency in order to protect the server, while PoS was developed specifically for the cryptocurrency. The essence of the work of PoS is that a user does not need to use computing power to get new coins. They need to deposit some of their coins into the network, i.e., a share that will be used to conduct transactions. The reward for confirming new blocks in the network is given to the participant who has left a large amount or has been keeping funds in the network for a long time.

Let's get back to our example with a multimillionaire, very powerful computer and power station. The fact is that when using PoS, such a sequence of actions is illogical. If they want to attack the entire network, they will have to accumulate a significant portion of the cryptocurrency on their balance sheet, which makes the attack inadvisable from a financial point of view. Moreover, since the attacker has accumulated a lot of coins, they will suffer from their own attack, because it will negatively affect the entire ecosystem of cryptocurrency.

In general, the Proof-of-Stake seems to have a number of obvious advantages: higher validation speed, lower resources for protection, lower commissions.

However, only holders of a certain amount of coins can add blocks to the blockchain. Not everyone has the opportunity to participate in the maintenance of the chain, and respectively, to receive rewards.


EVOLUTION CONTINUES

When Proof of Work ceased to be effective, Proof of Stake was created. Therefore, the search for solutions in this niche continues. New algorithms that offer alternative deficiencies are appearing. The hybrid LPoS (Leased Proof-of-Stake) algorithm, i.e., “leased proof of ownership interest”, is one of the most notable developments. 

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 their contribution. This is an excellent opportunity even for owners of a small number of coins to get a stable profit.

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 cryptocurrency is one of the few pioneers which is switching its mining algorithm to the LPoS algorithm. All coin holders are merged into masternodes.

Masternode is a certain kind of fund in which users donate their coins, thereby allowing the node to mine EDC and bring profit to all participants of the fund. It captures the number of coins and provides network security when implementing important functions, such as instant confirmation of transactions, as well as ensuring network voting.

EDC mining is simple and effective: you can simply lease your coins to a masternode. You do not need to keep your personal account open, waste resources and conduct daily transactions. The masternode will start mining and automatically distribute profits among users in proportion to their contribution.

You are guaranteed to automatically receive daily accruals on your EDC wallet and freely manage these coins at your discretion.


What conclusions can we come to?

As a result, cryptocurrency mining algorithms are constantly improving. Currently, a hybrid LPoS algorithm, which distributes profits among all users and practically does not consume your electricity, is the most effective option.

Be sure to try EDC mining, and we are sure you will appreciate the efficiency and safety of this algorithm.




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July 03, 2019, 10:19:15 AM
 #183




Chinese Media about EDC Blockchain and ECROFund Projects!


The ECROFund project along with the EDC Blockchain platform has been recently covered in three popular Chinese online news publishers. They are News.163, VR Sina and Weilacaijing.

The interest of specialized media to these projects is clear, as ECROFund develops a unique ecosystem for a global turnover of goods and services, as well as creating interaction between consumers and sellers. While EDC Blockchain products allow you to tokenize small and medium businesses. With digital technologies development, there is an increasing demand for these services.

China is one of the largest cryptocurrency markets in terms of the number of active audiences, while its residents show the highest demand for crypto-products. That is why there is an increasing level of the EDC platform’s popularity among the Chinese audience.

You can get acquainted with the opinion of leading Chinese business media on the EDC Blockchain and ECROFund projects on news.163.com, vr.sina.com.cn, m.weilaicaijing.com.




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July 04, 2019, 07:55:07 AM
 #184




EDC Blockchain Weekly Digest: the Company Updates Nodes and Prepares a Web Version of the Wallet!


Technical specialists of the company present a selection of the most significant news of the past week!

Web version of the wallet is being optimized. Our programmers are close to the optimal balance of wallet functionality, memory consumption and software cache size.  Performance of the browser while working with EDC Wallet will remain at usual level for user.

New design of the web version of the wallet is being developed. We get more modern and stylish design, as well as simplified page logic.  This will allow people with any experience in making crypto payments to safely use the wallet.

Mobile applications for Android / iOS for the mobile wallet EDC Wallet is developing actively. It is hard to imagine a modern wallet with only two or three payment cards and a driver's license.  The mobile crypto wallet EDC Wallet will be able to amaze with its capabilities after downloading special applications from the EDC Blockchain.

Nodes are updated to optimize their work. We are constantly working on system security.  This minimizes the risks of hacker attacks and software crashes.

Functionality of anonymous money transfer module is integrated and tested. Final stage before the release of the module announced last week, what makes transactions 100% anonymous.

Introduction of the module of currency checks. Functionality of creating a currency check is being developed, test is being prepared for this operation and error correction.




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July 04, 2019, 04:04:35 PM
Last edit: July 04, 2019, 07:41:23 PM by simpsons_support
 #185

I'm still wondering about the anonymity of the EDC coin. How will this be implemented? Will it be integrated into a web wallet? Ктo-нибyдь из paзpaбoтчикoв пpoкoммeнтиpyeт этo?

After the implementation of this tool, we will publish the news in our social networks and make a user manual.

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July 05, 2019, 07:47:38 AM
 #186




Meetup in Samsun, Turkey: an Ancient City Meets New Technologies!


At the end of June in the resort city of Samsun, an important event dedicated to the presentation of the products of the EDC Blockchain platform and the ECROFund project was held as part of a series of Turkish events.

Meetup participants discussed with event speakers the implementation of the new EDC coin leasing functionality, optimization of the platform and the new design of the EDC Wallet web version.




Event leaders also discussed with the meetup participants the most relevant developments in the framework of the ECROFund project — the upcoming implementation of the internal cryptocurrency exchange BitcoBit and the launch of a decentralized P2P exchange.




The speakers at this event were experienced adepts of the blockchain technology area — Semih Ablak, Vitaliy Kostyuk, and Alex Saveliev.




During the meeting, the speakers shared their vision on current crypto-sphere trends, reported in detail about the prospects of the EDC Blockchain project development and the high potential of using platform’s products. Also, speakers did not avoid discussing the prospects of interaction between sellers, buyers, and investors in the ECROFund ecosystem.




The event in Samsun was attended by a large number of participants. The presence of the younger generation representatives, who are already interested in innovative business and technological solutions of EDC and ECRO, was especially important!

Such interest indicates that the younger generation is beginning to determine its future today. And the fact that they connect it with the progressive developments of the EDC and ECRO projects, shows the significant prospects for their long-term development!


The conference room, designed for the presence of 50 guests,
could not accommodate everyone willing to get acquainted with the possibilities
of advanced technological solutions of EDC Blockchain and ECROFund




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July 06, 2019, 07:57:53 AM
 #187




EDC Blockchain Presentation to Be Held in Nigeria


Today, July 6, 2019, the EDC Blockchain event and the presentation of the ECROFund project will be held in Port Harcourt, the capital of the River state, Nigeria.

Nigeria demonstrates a strong interest in blockchain innovations, which ensures a significant growth of the EDC community in this region.

We invite everyone who is interested in crypto-technologies and investments to visit this life-changing event!

You will be able to get a closer look at the EDC platform, the opportunities available to EDC coin holders, as well as improved leasing conditions, and all the latest news and promotions from the ECROFund project.

The main speaker of the presentation is the coordinator of the EDC Blockchain, Pst Evans Ehiosimwiogbe.

Event start: 12 pm local time

We are waiting for you at: 39 Patterson off Emma Estate, Okulalu Quater off Odili Road, Port Hartcourt, River State.





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July 09, 2019, 07:51:22 AM
 #188




EDC Blockchain Presentation Held in Nigeria!


On July 6, 2019, in the Nigerian city of Port Harcourt (River State), the presentation of the EDC Blockchain project was successfully held.





Nigeria is represented on the EDC map by a very strong community, where the national flavor is harmoniously intertwined with the latest technologies, which include the blockchain innovations.





Nigeria is a country where only 10% of the population belongs to the “middle class”, which forces people to have an open and active position on the opportunities of small and medium businesses.





The speaker of the event, one of the country's most committed crypto enthusiasts, Coordinator of EDC Blockchain, Evans Ehiosimviogbe, described the details and technological features of the EDC blockchain, coin leasing opportunities, partnership matters, and strategic plans of the project development.





Guests and participants of the presentation in Port Harcourt expressed great interest in the capabilities of the EDC Blockchain platform.





EDC Blockchain has no boundaries and is available to absolutely every person on Earth. The mission of the project is the popularization of blockchain technologies and tokenization of the real economy.





“Every great journey begins with the first step!” Thank you, Nigeria, and see you soon!





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July 10, 2019, 02:06:03 PM
 #189

I continue to participate in bounty program.
This is my new article: https://mmgp.com/showthread.php?t=633543

I got payment for my last article https://wallet.blockchain.mn/block/18052553
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July 10, 2019, 03:41:45 PM
 #190




Your Coins Can Do More!


Many investors still do not fully understand the available mechanisms to obtain a larger reward of the capital invested in coins.

When McDonalds founder Ray Kroc asked the students what they thought he was doing, they replied, “Hamburgers”. It was not quite easy for Ray to explain that the true intention of his business was land and real estate.


Sometimes the best moves are not laying on the surface!

Today, the expectation of speculative profits from the coin’s market price appreciation is not the main income item for holders. Perhaps, it has never been so easy and safe to become part of the largest pool, as it can be done now by means of supernode.

Each EDC coin holder has a mechanism that allows them to receive interest accruals for leasing their coins to the supernode, where a large pool of coins is formed.

A huge advantage of the supernode is the automatic mining processes, the proportional bonuses distribution, and the possibility of selecting the duration period of the program. Also, any user can become a holder of a supernode.

Maximum transparency and reliability are guaranteed by LPoS blockchain technology. This consensus algorithm implies the involvement of all users in providing security and protection, which is important both for owners of small wallets and for large investors.




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July 11, 2019, 06:48:07 AM
 #191




EDC Blockchain Presentation in Venezuela!


On July 11th, the EDC Blockchain presentation will take place in Valencia, the administrative center of the Carabobo State, Venezuela, with the participation of EDC Blockchain leader in Latin America, Hermes Lopez, and a well-known lawyer, Francisco Villafane.

Legal aspects of using digital assets in Venezuela will be covered, as well as the opportunities of using the EDC Blockchain tools in various investment and marketing projects will be shown.

Participants of the event will be able to get answers to their questions related to the cooperation with the project and to get acquainted with advanced innovations developed by EDC Blockchain specialists.

Speakers: Hermes Lopez, Francisco Villafane

Date: July 11, 2019

Time: 2:00 PM

Address: Auditorio Unitec, Sede Prebo Valencia

Phone number: 0412-3435011




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July 11, 2019, 12:40:05 PM
 #192




EDC Blockchain and ECROFund Promotion in Peru!


On July 12, in Los Olivos, Lima, Peru, there will be held a presentational event of our platform, where the EDC Blockchain leader Marcel Corbo will take part!

Find out how using EDC blockchain tools will allow you to:
* Start your own business in the world of cryptocurrencies;
* Generate daily passive income by leasing EDC coins to a supernode;
* Create your own expert teams, earning your percentage of the coins volume;
* Become a part of ECROFund's large ecosystem.

Speaker: Marcel Corbo
Date: July 12, 2019
Time: 7:30 pm
Address: Av palmeras, asoc. Suiza Peruana, Mz A, lote 9, Los Olivos, Lima Perú
Free booking: criptotalker@gmail.com




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July 12, 2019, 06:55:40 AM
 #193




A New Professional Young Choe Joins the EDC Blockchain Advisory Board!


The EDC Blockchain company is constantly expanding, attracting new experts from various technological fields. We proudly present our new advisor - Young K Choe!


Young Choe specializes in software development and blockchain technology and has extensive experience in technical product development as well as in executive managing of several technological companies.

Besides holding advanced degrees in computer science from North Carolina State University, Young is an adjunct professor at Yonsei University in Korea. He is also a member of the Executive Blockchain Program at Draper University in California and a Board Member of KBIPA, a Korean Blockchain Industry Promotion Association.

Yang Choe has executive experience in technological companies from the traditional sector, such as NVIDIA, Samsung Electronics, SK Hynix, BMC Software and 3Ksoftware. In addition, Young has extensive experience in the field of crypto-investments and ICOs: he is an expert of the global rating platform ICObench, director of the OSSF (Open Source Software Foundation) and editor of the “Blockchain Today” magazine.

Young Choe is the CEO of Crypto Valley Lab, which specializes in developing blockchain solutions, artificial intelligence, and decentralized finance.  He is also the CSO of 3KFinance, a company specializing in cybersecurity.

Young is also advising many well-known blockchain projects, including Evens, EOS Chrome, EcoStart, Mix.Rent, EdenChain, AmbleX, Platinum Q DAO, Boltt Protocol, GBC Korea, Davinci Foundation.

The EDC Blockchain management welcomes the new expert joining its advisory board and looks forward to a long and productive collaboration!

EDC Blockchain Advisor Young K Choe on LinkedIn.




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July 12, 2019, 04:26:17 PM
 #194




Workshop EDC Blockchain in Colombia!


On July 14, we invite you to attend the presentation of the EDC Blockchain and ECROFund projects in Medellin, Colombia.



Speaker of the event, Ivan Feito, a successful leader of the EDC Blockchain, will introduce the EDC Blockchain platform and conduct comprehensive training thanks to which you can:

* Learn how to increase your income by leasing digital assets to EDC!
* Learn the strategies of creating your own teams for international business development using the tools of the EDC platform and the ECROFund project!
* Understand basic aspects of the crypto industry!
* Get to know key markets of the  EDC Blockchain!

 We are waiting for you!

Speaker: Ivan Feito
Date: July 14, 2019
Time: 2:45 pm
Address: Barrio Maria Auxiliadora, CAR.29 B-40, Medellin, Colombia
Booking for free participation: +1 786 4147151 Whatsapp

Limited number of seats.





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July 13, 2019, 08:31:53 AM
 #195




Four-Day Marathon of EDC Workshops in Lagos, Nigeria


July 16 to July 20, 2019, in the largest African city of Lagos, Nigeria, a four-day marathon of training and presentation workshops dedicated to the development of the EDC Blockchain platform will be held!



EDC Blockchain events are a great opportunity to get acquainted with the future financial technologies, expand the growing EDC community and become a full-fledged partner of the project!

The event speakers will enlighten the meeting participants about the EDC Blockchain platform and the newest products of the ECRO project and help them learn how to:

* Invest in developing your own projects!
* Produce and consume innovative products and services using EDC!
* Become an active participant of the expanding global community of more than a million people in 57 countries of the world!
We are waiting all those interested in additional opportunities for their business development, starting from July 16 at our four-day seminar in Nigeria!

Speakers: Arolahun Adekunle, Joseph Apata Opeyemi
Date: July 16, 2019
Time: 10 am
Address: Mega Chicken Plaza, Agidingbi, Lateef Jakande Road, Ikeja Lagos
Date: July 17, 2019 - July 20, 2019
Time: 10 am
Address: Shekina Plaza 23, Ajao Road off Adeniyi Road, Ikeja Lagos





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July 14, 2019, 10:49:44 AM
 #196




EDC Blockchain Weekly Digest: Anonymous Transfer and Currency Check Modules Are Being Tested!


Last week, we prepared for you an overview of key areas of work of our IT specialists in order to launch new ecosystem tools, as well as to achieve better performance of all nodes of the platform.

Refactoring and optimization of the web version of the wallet. Changes are aimed at the maximum simplification of the management of this program for users of any level.

Work to improve new design of the web version of the wallet. Usability and interface will become more visible, and navigation will make work of wallet owners more comfortable.

Development of mobile applications for Android / iOS for mobile wallet EDC Wallet. Registration function, the formation of a brain-key, login, demonstration of user's balance, as well as the functionality of sending and receiving funds, transaction history are at the stage of testing.

Updating cryptocurrency nodes and optimizing their work. Systematic work to improve the stability of the platform is continued.

Implementation of anonymous money transfer module. Formation of transfers on the outer side of the platform and interaction of the outer and inner sides are tested.

Currency checks module. Successfully is checked formation of checks on the outer side of the platform, interaction of the inner and outer sides; functionality of the module is also being tested.




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July 15, 2019, 12:32:27 PM
Last edit: July 15, 2019, 01:20:18 PM by simpsons_support
 #197



Today we will have a live webinar!
Where Kamil Mundo will talk about news, opportunities and marketing  plan of EDC Blockchain! 19:00 Msk!




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July 15, 2019, 05:28:28 PM
 #198

Continue to participate in Bounty. My new article:
https://medium.com/@vera55nika55/about-development-of-edc-blockchain-973d25dca7b7
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July 16, 2019, 07:07:07 AM
 #199




EDC Blockchain Ambassadors Are Now on Our Official Website!


You can now get to know our ambassadors and project managers a little better, as well as find out about their most significant achievements and learn some interesting facts from their lives.

We present to you the Ambassadors section that you can find on our official website blockchain.mn, so you can read about our both regional and international leaders.






The company management highly appreciates those people who can take responsibility for their actions, inspire others and help develop our community in the world. Today, thanks to our ambassadors, the EDC Blockchain community is actively growing in Latin America, Asia and Africa.

We create available Blockchain products and provide the conditions necessary for growing your business.




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July 17, 2019, 07:55:27 AM
 #200




EDC Blockchain News Digest


The EDC Blockchain team prepared an overview of all the current changes in the platform's functionality, which will contribute to improving the efficiency of the system components and improving user interaction with EDC products.

Work to improve performance and optimize the web version of the wallet is underway. Specialists are optimizing the UI / UX design of the web version of the wallet, as well as developing mobile applications for Android/iOS to expand the possibilities of using the EDC wallet. The main functionality of the wallet is being tested, including the formation of transactions and the receipt of the transaction history.

Cryptocurrency nodes are being updated and optimized. These works are carried out within the framework of the general increase of efficiency, stability, and reliability of the main network components.

The functionality of the anonymous money transfer module is being tested. The module that allows conducting transactions in anonymous mode is at the stage of final integration into the platform.

The development of the currency checks module is in progress. Developers provide the possibility of adding currency checks to the user's history. Money transfer functionality and display of the checks formation is being added.




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