Review and analysis of project Edenchain

To date, Ethereum and EOS can not have a competitors. However, the market is developing and new ideas are emerging, which are aimed at improving this area of ​​activity. One such project was Edenchain. The Korean team is developing the project. We all know what the representatives of this country are capable of. The growing EdenChain platform will really be able to compete with existing platforms. The basic rate is unconditionally made for security, increased processing speed and low cost due to the exclusion of intermediaries (third parties). Moreover, this platform implies the ability to launch its own ICO in all directions, which they plan to cover. The clear advantage of the project is the language used for the smart contract - Solidity, which at the moment is one of the most popular. The emphasis on security blockchain is also an issue that is relevant. EdenChain suggests solving it using the E-bridge, to extract data from multiple sources, encrypting them using MVT. And one more statement, which makes it more serious about this project: it is an opportunity to build DApps on Edenchain, with the support of MasterNodes.

Edenchain is a project that looks at the economy differently. Thanks to blockchain technology, they want to solve several problems, while using smart contracts with a high degree of protection, high performance, as well as cheap processing of transactions.

Potentially, this technology can be used in a large number of industries. Among them are economics, finance, games, automation, and much more. Also, this project will act as the launching platform for the ICO. Therefore, the Edenchain project can be compared with ICON, NEO and many others. To simplify the work of the developer, they support a special language for managing and implementing smart contracts. On the assurances of the developers, the project can execute a large number of transactions per second, the exact number was not called.

To make blockchain technology even more safe, use a special layer. To securely and quickly retrieve data from multiple sources, data is encrypted later. To protect data from compromise, the project uses MVT technology.

Project Plans:

In the second quarter of 2018 it is planned to launch the ICE platform for HelloEden. Then, in the third quarter of 2018, it is planned to open the OpenEdenChain platform for testing, as well as activate the coin issuance service and launch the EdenChain API Service and Mobile Wallet. Well, finally, the launch of Mainnet, is scheduled for Q1 2019.

Team:

Conclusion:

I believe that the project has good prospects. Personally, for me project is credible. The level of knowledge and experience of the team that works on this platform is high. Everyone is a professional with a high and impeccable reputation. Despite all the difficulties that can arise on the way of becoming a project, I believe in the team. Now with the help of Ethereum hundreds of projects are being done, since there is no other alternative. If the Edenchain project can offer a better idea, then there is every chance that this platform will become very common for blockchain projects, and for users all over the world.