#Edenchain:
Eden is a programmable economic platform which provides high-productive and fast processing for economic data and operations. That will make the production of an "automatic trade agreement" be more faster, more saver. "Seamless," as developers call the platform.
What does that mean? It's like Ethereum in essence, but it is fully protected. The "seamlessness" of an economic smart operation allows solving the following issues:
- Coding a possible transaction problem.
- No security and data protection problems.
- An increased productivity.
The Codifying problem explains the difficulty in creating a fully seamless smart contract, while the security issue is associated with attacks using the errors or weaknesses of the smart contract itself, and the performance is related to the scalability of the chain of blocks that performs the smart contract.
Finally, the confidentiality problem describes the problems that arise as the content of the Smart Contract becomes public.
So, the smart contract was described by Nick Szabo as:
"A set of terms and arrangements specified in digital form, including protocols in which the parties fulfill these promises". Or it can be explained by the term of Konstidis Christidis, as "a completely predictable autonomous actor, available for reliable transaction processing". An actor who plays just by rules.
Everything is serious and uncontested. A smart contract will produce the operation without any participation of people, any programs or some fraudulent activities from outside.
The transaction is actually protected from:
- An invalid data provided by the parties to the contract. The data is received only from reliable sources;
- There is no hacking at the time of data transfer and no subsequent corruption or corruption of data. Just a reliable transmission;
- Unreliable data transfer from the module outside the circuit: there are just reliable data which is transmitted from the external system to the network module through the circuit without any attacks.
All pressing problems are solved by one blockchain platform, which is able to develop a various of automated services using intelligent contracts with reliable interoperability of external systems.
Intelligent (smart) contracts consist of six stages:
- the defining an agreement;
- the determining terms of an agreement;
- the coding of the business transaction;
- protection level - the encryption and the blocking;
- the processing and the implementation;
- the update.
Intellectual contracts are conditionally divided into two types:
- deterministic; 2) nondeterministic.
The deterministic intellectual contract is a type of contract that does not have any data from outside in its execution. Let's call it for understanding outside-the-blockchain. The non-deterministic smart contract is a form that requires the external data when it is executed.
Non-deterministic smart contracts are vulnerable for security reasons compared to deterministic intellectual contracts without external binding, as soon as a chain of blockchain guarantees the "seamless" protection. However, deterministic intellectual contracts can be integrated into external systems to create various types of intellectual contracts and automatisation, which is a very important element of intellectual contracts.
The main technologies implementing the Programmable Economy Smart contracts
which are the great technological and economical value because deterministic intellectual contracts work only by the chain. Conventional block-chain technologies, such as Bitcoin and Ethereum, are unsafe, because they are a subject for hacker attacks. They can not guarantee a secure interaction while external systems required in nondeterministic smart contracts.
Eden uses the E-Bridge layer to extract data from multiple data sources when a nondeterministic smart contract is coupled to an external system and encrypts data using MVT, that is trustworthy and protects against hacker attacks.
The E-bridge is the basic BL technology, it connects Eden to an external system, that is an on-chain unites with an off-chain software by E-bridge. Data which is moving in a block chain, can provide security with the help of technologies such as the consensus algorithm and encrypted messages. However, the external system data can not provide security, they are attacked from the outside by widespread unsafe activation. Therefore, when the on-chain module and the off-chain module are interconnected, it is necessary to trust the external system. And it is important to account the fact that the data transfered from the external system is reliably transmitted without any threat as they are associated with the included one-piece module. The problem of trust of a data source outside the chain can be solved if the external system provides public services and has a good reputation.
The high-productivity is the important technical problem that makes an implementation of intellectual contracts. The Eden merges the namespace with Merkle Tree, it isolates transactions by the namespace and provides productivity and scalability, creating an execution system that can parse the namespace in the same time without processing a transaction. For example, ...
Currently Eden chooses Solidity,
the most popular smart contract, as well as EVM from Dyerium, which provides a smooth work in such "tender" issues as a payment and a settlement. Stable and reliable intellectual programming languages for contracts are more important than innovations, which, actually, are easy to write. The emergence of a new type of language, which requires a lot of time for checks and tests, will necessarily be vulnerable for attacks by hackers during the verification period. It could harm many people. Eden creates a blockchain using EVM and Solidity, which are checked and improved in accordance with the principle of "Do not reinvent the wheel."
Since Eden guarantees a secure connection, you can make your trades various block assets on the Internet reliably programmed for the expected result. The tokenization of any type of asset can publicly prove ownership of the asset and can buy and sell them on the exchange or through P2P transactions.
About the token:
ICO is only for 2 DAYS 24, May 25 ... at the price of 0.0600 USD / 1 EDN Named: EDN, type ERC20 It is planned to realize 24,000,000 USD, 40% Total mass: 1,000,000,000 EDN
Team of developers and experts:
Roadmap:
I came to the following conclusion.
The financial system will be serviced in the open spaces of the blockhain very soon. This is the same fact that many modern institutions of government and department and some countries have long introducing a blockchain into their economy, and many of them have already assessed the convenience and speed in circulation. There are many, but not all of them. There are also victims of fraudulent actions, with the loss information and money.
These are defects in the system as a whole, the consequences of which are born by ordinary people and large organizations. But when we understand that the transition to a blockchain circulation of money can not be avoided, it makes sense to think about how to find and determine a reliable platform for universal exchange. And here it is already a worthwhile not to go ahead, trial and error by exploring this industry, also trusting the reviews and analyzes of experts in the indusrty. The Edenchain quite openly and confidently come to the market, pushing existing offers, so if you want to have time you can earn too ...
All the information is here:
https://t.me/edenchainio
https://www.facebook.com/edenchainio
https://edenchain.io
https://edenchain.io/wp-content/uploads/2018/05/EdenChain-Whitepaper_v1.2.pdf
https://twitter.com/edenchainio