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Edenchain ICO review

A concise introduction
The crypto-giants like the ethereum and lite coin they are facing multiple issues in multiple areas of the
crypto world. Now the world wants something better, smoother, more reliable and more
entrepreneurial platform to be successful in the cryptocurrency business. Edenchain has the most
delicate structure and plans to solve multiple issues with their blockchain-based platform for the
contracts with reliable security, better performance, and the low processing fees.

Edenchain is the future of cryptocurrency, and it will be used in the diverse range of industries like
Finance, IOT, Shared Economy and multiple games applications. The Edenchain will provide an ultimate
ICO Platform for the start-ups so they can launch their own entrepreneurial ICOs across every sector of
the economy. That’s is the reason Edenchain can be compared to Stellar and NEO, and also to ICON.

Edenchain is quite an ambitious platform looking forward to the programmable economy of the world.
Edenchain seeks a well-balanced structure between the process of decentralization, privacy, security
and performance. One of the major reasons why the Edenchain ICO will be more powerful than its
competitors is that Edenchain has the strengths of the adaptability, performance, security and reliability.

The technical overview of Edenchain


The architectural structure of Edenchain consists of these three significant layers;

1. The Distributed Ledger Layer which is entirely based on a Hyperledger framework.


2. The validation layer that uses an EVM Ethereum Virtual Machine to execute all the smart
contracts.
3. The Bridge Layer that securely connects data between the on-chain as well as the off-chain
nodes.

The explanation of all these three layers will be described in the content after discussing the advantages
of the platform.

The advantages that the users will get from the Edenchain ICO
Edenchain uses the system of (POET) Proof of elapsed time for the consensus to reduce the resource
utilization and the energy consumption. This platform will allow you to control and proceed your
transactions on a (FIFO) first-in-first-out basis, this makes the processing fees more trustful, reliable and
of low-cost benefit. The namespaces are available to solve the data-consistency issues, the data-
consistency in smooth form will make transactions to be processed in the parallel form. In Edenchain,
every namespace can process up to 1000 TPS, which will provide the level of linear scalability and
millions of crypto transactions and will get the maximum amount of benefits. The E-Bridge of Edenchain
guarantees the zero-knowledge trust in the on-chain and the off-chain data. Who protects such data? It
is wholly protected by the Intel’s Software Guard Extension (SGX), ECC-TC and the traditional HTTPS
encryption. All the contracts at the Edenchain network are ERC20-compliant, and they will all
accommodate existing tokens and solidity developers. Moreover, the private ledgers due to enabling the
reverse ICOs will allow all tangible and intangible assets to be tokenized.
Another advantage of Edenchain is it is faster and safer than any other crypto Blockchain platform on
the planet earth.

Let me tell you how it is much safer and faster.


Solidity is what they promise for the developers that will make the adaptation of platform very easy and
a whole lot more secure, Edenchain is definitely more popular than any other Blockchain platform in the
market on the basis of smart contract language.

To describe the speedy behavior of the platform let us talk about the transactions. The transactions will
be conducted in much more fine detail, as Edenchain can execute massive numbers of transactions very
quickly. Edenchain haven't disclosed the information about how many ways and figures they will be able
to conduct precisely but they are experimenting with their process of transactions, and they will
describe the number of ways soon. They sure have a pretty robust system to control a vast number of
transactions at a time. This is something that we love about the new ICO system, the transparency and
the truth, and they haven't promised anything that they haven't tested, experienced to claim and
impress the market. They have made blockchain safer than ever, and Edenchain employs the secure E-
bridge layer for the retrieving of data from various data sources. This e-bridge encrypts the whole data
and uses the median voter theorem (MVT) for the protection of this data that is going to be processed
and transferred for multiple purposes.

One another advantage is that Edenchain is that the platform will allow the usage of DApps &
masternodes on its system. This is massive, the developers, users and everybody involved with the
cryptocurrency platform wanted this application linkage, and Edenchain has provided it. These steps
taken by Edenchain has boosted the interest of many aspiring individuals on the Edenchain ICO
platform. With this feature, you can quickly build the DApps on Edenchain, and hence these apps will
support the masternodes.

Now we will look into the problems of today’s world regarding technology, cryptocurrency, blockchain
network and the solutions that brought by the Edenchain.

The problems of the present


Regarding technology:
• The technology is growing rapidly, and the advancement of the technological digital means has
proved to be beneficial for the people and blockchain platforms. However, the increase in technology
also has proved to be vulnerable in many cases. Especially in the transaction processes. Transactions
often can be susceptible, and scammers can get inside, and things can go wrong. Blockchain platforms
are all undoubtedly secure, and there is no doubt about that but when transactions occur, that is where
the security becomes deficient. Most of the platforms haven't really focused on mainstream secure
adoption and transactions secure transfer.

• Now, about the performance, the current platforms offer many solutions that have improved
the overall performance of the whole system but the performance doesn't come easy because all such
perks come at the trade-off of security.

Regarding the global market:


• Talking about the tangible assets, all the tangible assets like real estate, valuable arts, furniture
automobile, automotive, etc. are entirely sold in the market managed by the several intermediaries.
Both of the parties involved in the system of transaction require all these excellent services because of
the lack of experiences, specifically in the transactions process, in the process of finalizing the sales, the
oversight necessities, and a whole lot more. These particular fees could easily range up to 20% or even
possibly more.

• About the intangible assets, lack of such platforms that provide the means to the broker deals
for all the intangible assets (such as time, services, social influence, networking, e-products, fame, etc.),
these assets causes few of the current existing platforms to charge extremely high fees for the
connecting and happening of all these deals, simply monopolizing the market.

The solutions Edenchain ICO has brought to the market


Edenchain has created the ultimate possible solution of all global technical issues that present-day
global market economy are facing. Their most exceptional approach for the solution to the problems is
specifically regarding the user’ security protocols in each and very matter online. Their excellent
platform can actually solve all the issues that are faced by entrepreneurs today, and problems will be
solved most appealingly. Let’s get to know about the solutions from the Edenchain ICO platform.

• The platform allow users to create the finest marketplace, with the attachment of their assets
(both tangible and intangible) and trade via the cryptocurrency, with no involvement of any third-party.
Direct people to people, business to business, no middle-man are the things that entrepreneurs involved
in the online crypto platforms always wanted, and Edenchain ICO has brought it on the table.

• Edenchain platform offers top-level security regarding the interoperability, and they will do it by
implementing the finest designed consensus algorithm which will ensure the data integrity between all
on-chain and off-chain network, as being concisely described above.

• The ICO platform will combine Namespace with Merkle Tree, which in result isolates all
transactions by Namespace. This ultimately secures the scalability and performance by constructing an
execution system that is capable of doing parallel processing by Namespace and multiple transactions at
a single time, which is quite neat and convenient for potential users.

Explanation of the technology in the platform


The architecture of Edenchain ICO
Edenchain’s architecture is a composition of 3 layers, as being described before, the first one is
distributed ledger layer, the second one is the validation layer, and the third one is the bridge layer.

Let me further explain each and every one of these layers in detail, so you will be able to understand
how the system works technically.

• Distributed Ledger Layer: It is entirely based on the Linux Foundation, especially their open
source project, i.e. the Hyperledger Sawtooth, this first distributive ledger layer will provide an excellent
decentralized database for the functioning process of the whole Edenchain platform. This is the layer in
which all data used in blockchain will be distributed and stored securely. Only transaction data in the
validation layer will be processed according to the agreement provided by the platform. The distributed
ledger data can easily be added via secure transactions.

The PoET (Proof of Elapsed Time) system that has been explained previously consists of consensus
algorithm which uses a central processing unit command in SGX Software Guard Extension, for the
selection of a leader on a random basis for the solutions of multiple problems without any utilization of
more substantial amounts. The SGX will allow all applications to function under the trusted code in a
very secure and protected environment.

• The Validation Layer: The second layer is where transactions are conducted, executed and also
verified via an Ethereum Virtual Machine (EVM). All transactions that will be performed, all of them will
be executed and tested in the 2nd layer via the excellent EVM. The automatic transaction controller will
be available for users that will be allowing them the resource management for all transactions and
nodes. The users can use the optimal resources and the powers of computing for dealing with this
Blockchain, because of the real-time workload monitoring of in the Trusted Execution Environment
provided by Edenchain ICO. There will be no any data dependency issue whatsoever on this platform
because of this 2nd layer. Moreover, the performance of the system is going to be cheetah fast and
reliable for dealing with large transactions. The performance is what they guarantee.

• Finally the Bridge Layer: The 3rd layer consists of the e-bridge which connects the platform with
all external data sources that are about to be connected with the platform via the secured
interoperability. The platform will be able to do it by enabling on-the-chain smart contracts that will
connect with all off-chain modules, which is actually very smart. In the third bridge layer, the e-Protocol
is used by the ECC-TC, which is actually one of the most robust encryption techniques on the planet,
which guarantees a secure connection between all nodes.

About the Tokens


Ticker is EDN, and the token type falls in the category of ERC-20, the post crowd sale swapped into
Edenchain’s wallet format, likely to begin in 2019. Token Price of ICO will be, 1 EDN = 0.0600 USD. Hard
Cap is $24,000,000 USD and the total number of Tokens are 1,000,000,000.

The considerations about the ICO platform/Verdict


Edenchain ICO could be one of the biggest winners of 2018. The reason is that the ICO is a highly
ambitious project, has a realistic roadmap and has some very strong partnerships. In fact, all of its
advisors are also from Stellar team who are incredibly professional and successful entrepreneurs of the
crypto world. This simply shows that the platform has a huge potential. It is hoped that the platform can
bring ease for users in many ways and is likely to solve a maximum number of blockchain network
problems. Let's hope for the best.

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