Edenchain is the name of the blockchain networking site improvising itself to build a programmable economic platform. The smarts contracts are used due to capitalizing on the tangible and intangible asset by the valuation of tokenization. The performance and scalability of Edenchain work as the technical motivation to it.
Eden Architecture
The blockchain infrastructure is seamlessly powered with three distinctive layers; such as,
The Distributed Ledger: This layer is based on the Linux Foundation for the open source project, Hyperledger Sawtooth and it provides the decentralized database functionality for Edenchain. The consensus algorithm integrates a CPU command for Proof-of-Elapsed-Time where the Software Guard Extensions will randomly select a leader for not utilizing energy solution for has problems and it will run through the trusted codes to protect the environment.
The Validation Layer: In this layer, the transactions are executed and verify and include the Ethereum Virtual Machine and will use the Transaction Execution Scheduler forwarding the transactions for the corresponding nodes based on the namespace. It will enable the resource management towards the transactions and nodes through the automated routers. It has the authority to operate the blockchain with optimal resources and computing power through the real-time monitoring for the workload allocated to the Trusted Execution Environment. This will have the grouping related transaction into batches by the validation to the layers ensuring efficient execution and eliminating data dependency
issues.The Bridge Layer: This layer contains an e-bridge to connect with the Edenchain for external data sources through some secured, interoperability and it will enable the on-chain smart contract for creating interactions with the off-chain modules. It will exist for the on-chain and of-chain and will use the e-protocol for the encryption to process the Elliptic Curve Cryptography for the threshold cryptography for a trusted connectivity.
Technical issues
There are two types of technical issues mostly been discussed with respect to the Bitcoin and Ethereum related blockchain technologies; one is performance and the other one is scalability. The co-founder of Coinbase Fred Ehrsam has a point of view for this.
He showed that Facebook has the capability of handling 157,000 requests per second whereas Ethereum can only handle 7 transactions per second in the case of tokens. So ultimately the technical issues are related to the performance and scalability for making a solution to order and continue the growth and adoption of the blockchain technology.
Requirements
It will need a higher level of scalability and performance for the smart contracts for more computing by traditional blockchain transactions. If the smart contract is interfaced with an external system, the processing will become slower for the smart contracts. This can even become the bottleneck to the blockchain and will degrade the performance and scalability of the entire system.
This may have a serious undermine to the system of responsiveness. Such issues will be related to the performance and scalability and this may become more salient over time as the number of the transaction will conduct over the blockchain based platform and smart contracts application to continue the increase. These obstacles will continue till present and for this, the blockchain may be the ultimate sufferer from the lack of mainstream adoption for both enterprises and consumers.
The programmable economy of Edenchain is utilizing the blockchain technology for tokenizing the assets registering to the secured ownership of trading tokens with others and automates trades by using IoT services.
Website : http://edenchain.io/
Whitepaper : https://drive.google.com/file/d/1qUUUm8mNuL-7f5yYsNza1gqcZE6PoDhN/view
Telegram : https://t.me/edenchainio