Edenchain is the blockchain based platform enabling the values of capitalizing and trading. This platform world by the technology of Programmable Economy Platform and capitalizes and trades every kind of tangible and intangible assets. It envisioned the world by the ability to employ the blockchain smart contracts so that it can capitalize the tangible and intangible assets into tokens and have it for free trade without having any interference of any middleman.
The authors of the system have a belief that the transaction costs by the application of Programmable Economy can minimize the profits shared among the community members including the new market as the capitalization of foreign and domestic goods will be created through this.
Invention of Edenchain
Being a blockchain based programmable economic platform, Edenchain provides high-performance process speeds addressing the aforementioned technical issues. It has the capacity of developing a number of automated services through the use of smart contracts.
This will also enable the interoperability with the external systems which may have the lead to the core technologies by the implementation of the programmable economy using smart contracts. This will have a greater technological and economic value. This might have non-deterministic smart contracts by the requirements of off-chain integration rather than deterministic smart contracts for operating only on-chain.
Security Check
Conventional blockchain technologies deal with the cryptocurrency components Bitcoin and Etheereum and these are not safe as they have a high level of chances and already been exposed for being attacked for hacking. It happens because of the lack of guaranteed trust that interacts with the external systems.
It is needed for the non-deterministic smart contracts where Eden will be used for E-Bridge layers to retrieve the data from multiple data sources. This will happen when a non-deterministic smart contract will be interfaced by the external system. Edenchain will encrypt the data and incorporate the Median Voter Theorem for the purpose of securing trust and defending attacks against the hackers.
Performance
The major technical issues lie upon the performance and it is essential to the implementation of smart contracts. In this circumstance, Eden will combine by the namespaces along with the Merkle Tree and it will isolate the transactions based on the popularity of the namespace.
It will secure the performance and scalability by the construction of executing the system enabling the capability of parallel processing through the namespace. This process will facilitate the ability to be carried out a huge number of transactions in a simultaneously parallel situation.
Support of Edenchain
Solidity is highly supported by Edenchain and it is the popular form of smart contract language currently. This will have the conjunction with the Dyerium’s EVM since the smart contracts are being used heavily for the insightful services like payment and settlement.
This will make the smart contract programming language stable and reliable. The most important creation of an unnecessary type of programming language is also based on the stability and reliability of it. This will also have the emergence of a unique course of language by the requirements of longtime validation through the constant testing. This will be exposed for a serious security and vulnerability at the period of validation.
This will have the construction of Edenchain to use the blockchain EVM and Solidity as it will be verified and improved continually by the community.
Edenchain guarantees the secured connective and this can be realized fully through the programmable economy to trade many assets based on the blockchain.
Website : http://edenchain.io/
Whitepaper : https://drive.google.com/file/d/1qUUUm8mNuL-7f5yYsNza1gqcZE6PoDhN/view
Telegram : https://t.me/edenchainio