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How can I burn a coin, and why is it necessary?

You can burn coins by sending your coins to a special burner account, from which it is impossible to withdraw any assets. Currently, this is a coin-burner account. Each user can transfer the required number of coins to this account https://wallet.blockchain.mn/ranks to deploy a node, or any number of coins, thus contributing to the creation of a coin shortage, increasing value, as well as contributing to the support of the EDC blockchain. When sending transactions to a burner account, the commission is 0%.

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How can I transfer a check code or a red envelope? What are anonymous transactions?

With the “check code”, you generate a special code containing a certain number of coins and indicate the time during which the recipient can use the code and receive funds. Just select “Checks” when sending transactions. If you want to send the code to several recipients at once, use the “red envelope” by selecting “reusable check code”. These tools are used as bonus rewards in promotions, loyalty promotions, contests, and paying out salaries. If you want to keep privacy when transferring coins, enable “Anonymous transaction”, and the recipient will not see your name wallet.

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What opportunities does the EDC coin offer in the real economy?

Over 1.3 million EDC wallets are registered in the EDC Blockchain system by users from Latin America, Africa, Europe, and Asia. The EDC coin will be integrated into numerous retail outlets around the world, while each user can connect the coin to their business. You can use banners https://blockchain.mn/banners.zip for outdoor advertising and attract more EDC coin users in your area.

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Introducing Changes to Staking Program

Dear users, The staking program will be updated on the EDC Blockchain platform. This update includes the following: From April 1, 2022, Maintenance Time, the payout rate for staking EDC coins will be 6% per year Locked period: 1 year Interest payout time: on a daily basis Please note: Users who have already staked their coins and users who stake their coins by April 1, 2022 maintenance time, will continue to receive bonuses with an increased payout rate of 3% per month on the deposit amount until the end of the program. To start staking and receive rewards, open the “Staking” tab in your EDC Blockchain account and enter the desired amount to stake. Click on the “Stake” button. Get daily bonuses to your personal wallet. Thank you for being with EDC Blockchain!

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What is the sharing economy? How is EDC Blockchain evolving in this direction?

Sharing economy is an economic model of joint consumption or collective use of goods or services without mandatory ownership. Development in this direction will greatly facilitate the life of users and make it more convenient and comfortable. Thanks to this model, users will gain access to sharing services and participate in the international EDC Blockchain loyalty program, earning rewards and exchanging their bonuses for the services provided.

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What are the EDC Blockchain goals?

You can familiarize yourself with the goals of the project by visiting the page https://blockchain.mn/home/ and seeing the current roadmap.

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I have not found an answer to my question / I have a partnership proposal

You can always ask your questions or send us an offer by email [email protected] or in our official Telegram chat https://t.me/edcblockchain1.

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DECENTRALIZED BLOCKCHAIN PLATFORM

EDC Blockchain is a decentralized blockchain platform with its EDC coin, providing tools for entrepreneurs of small and medium-sized businesses. By using the DPoS consensus algorithm and involving validators, EDC Blockchain ensures high network reliability for all operations. Validators are rewarded and involved in maintaining and managing the blockchain by creating an EDC Blockchain node on their servers and processing transactions. About Community * 1,300,000 wallets registered * Europe, Asia, Latin America, Africa * Telegram user support 24/7: @edcblockchain1

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EDC COIN

* EDC, ‘every day coin’, is a bonus utility coin for use in loyalty programs provided by small and medium-sized businesses, in particular in HoReCa: hotels, restaurants, cafes. * The EDC coin is used to interact with your customers and expand the target audience through creating loyalty programs and promotions, paying out bonuses for employees, as well as establishing cashback on products and offering discounts. * EDC has a limited total supply of 100,000,000 coins.

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OPPORTUNITIES FOR INDIVIDUALS

* Create innovative customer loyalty programs and reach your target audience with EDC Blockchain technologies * Exchange EDCs on liquid exchanges and have full control over your coins * Use digital transaction management tools to organize your business, such as check codes, red envelopes, and anonymous transactions * Create your own tokens with the coin constructor * Receive daily bonuses for staking coins

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COIN BURNING

EDC Blockchain uses a coin burning mechanism to maintain the stability of the coin value and keep its growth pace Coins to burn * Burning 90% transaction fees; * Burning any number of coins provided by users; * Periodic burning, which the EDC Blockchain notifies in advance. The burning process is carried out by sending coins to the burner account, from which it is impossible to withdraw coins ever.

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MULTIFUNCTIONAL BLOCKCHAIN WALLET

Manage your coins efficiently and use the platform's features with the EDC Wallet from anywhere in the world! Wallet Benefits * Convenient storage, sending and receiving coins * Transaction speed up to 5 seconds * 2FA protection * Support for tokens created on the EDC blockchain * Interface custom settings * Up-to-date browser support * Free download from Google Play and AppStore

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STAKING

EDC Blockchain users have the ability to stake their coins and receive bonuses thanks to the use of the DPoS (Delegated Proof-of-Stake) algorithm. Unlike mining, staking does not require the purchase of expensive equipment and paying much for electricity. An EDC holder can stake any amount of coins and receive daily bonuses set by the system. Upon expiration of the validity period, the amount deposited by the user is returned to their balance. New coins included in the total supply code are being generated through the staking mechanism and issued to users as a bonus for storing coins in the EDC Blockchain system.

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COIN CONSTRUCTOR

Do you want to create your own cryptocurrency? Do this on the EDC BLOCKCHAIN platform. You will not need powerful computing equipment, programmer services and hosting purchases. The platform will do everything for you, including complex programming. Just enter your custom settings and get started!

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TRANSACTION MANAGEMENT TOOLS

Check code. The check code guarantees additional security during transactions. When you use this function, a secret code is generated, while only the recipient of this code can unlock and receive coins. It is used to organize social media contests and promotions to increase engagement, create loyalty programs, pay salaries to employees, and send gift certificates. Red envelope. If the coins are to be distributed among multiple participants, activate the reusable feature called ‘red envelope’, set an expiration date, and pass the generated code to any number of users. They will be able to get coins using only one code. Anonymous transactions. This function for making anonymous transactions is the best choice for those who value privacy when transferring coins. The recipient does not see who the coins come from.

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