sdfsdf

[simpsons_support]

What is EDC Blockchain?

EDC Blockchain is a blockchain platform that provides various tools to help entrepreneurs develop small and medium-sized businesses, advanced functionality for conducting transactions, and the ability to receive additional rewards via staking. The EDC blockchain is managed in a decentralized way by attracting independent validators to support the network and provide everyone with the opportunity to participate on equal terms.

via https://blockchain.mn

[simpsons_support]

How does the EDC decentralized blockchain work?

At the first stage of switching to decentralization, each member of the EDC Blockchain network can deploy a node and become a witness. Witnesses receive a reward for deploying a node on their server and processing transactions. The need to verify operations by attracting validators makes it possible to conduct only legitimate transactions. The transition to the public blockchain will take place at the second stage. After verifying the work of the witness nodes and voting for the inclusion of their nodes by an independent committee, users will get the opportunity to vote and make decisions, while continuing to be rewarded for the work of their nodes.

via https://blockchain.mn

[simpsons_support]

What is a coin constructor?

With the help of a built-in coin constructor, you can create new coins, from a simple token for a small trade turnover to a full-fledged cryptocurrency with enhanced features. With the EDC Blockchain platform, you can tokenize and run businesses, develop startups and create new high-tech projects. You do not need any more powerful computing hardware and advanced programming knowledge for this, as the special code will reliably protect your digital assets, while free access to the currency will be provided with a client and a wallet. Assets created on an EDC blockchain can be traded or stored as permanent assets.

via https://blockchain.mn

[simpsons_support]

What kind of ready-made package solutions for creating a cryptocurrency does EDC Blockchain provide?

EDC Blockchain offers ready-made package solutions for creating a cryptocurrency. You can choose one of the following packages – Basic, Plus, or Premium – depending on your budget. ● Basic. You can create a coin, give it a symbol and a description. The characteristics included in this package make it possible to create a nominal token or a token for a small turnover. ● Plus. It gives you the opportunity to change the emission number, premine, and set the characteristics of the coin, such as the symbol and description. ● Premium. You will have the opportunity to create a full-fledged cryptocurrency, fully configure all the characteristics, as well as set all the necessary parameters! This is an advanced solution for serious projects.

via https://blockchain.mn

[simpsons_support]

How can I be involved in EDC staking?

Staking, unlike mining, does not require buying farms, spending a huge amount of electricity, and other specific skills. The main requirement for the owner of the coins is to keep the coins in their wallets. After coins have been staked, nodes start generating new coins, rewarding stakeholders with a daily bonus in proportion to their contribution. Each person determines the staking amount – the larger the stake, the greater the reward. After the staking period expires in 365 days, your coins are returned back to your balance.

via https://blockchain.mn

[simpsons_support]

What are the benefits of stakeholders?

● You do not need to keep your wallet open or even use powerful computing capacity to receive staking rewards (if you are not a node); ● No need to invest in expensive equipment to mine new coins; ● Staking through DPoS makes it possible to eliminate double spending and ensure the security of the system; ● This is a great opportunity even for owners of a small amount of coins to receive stable bonuses.

via https://blockchain.mn

[simpsons_support]

What is the role of the witnesses?

A user who is involved in a staking service has the right to be a witness (Witness, Witness Node, Validator, Block Producer) by fulfilling certain conditions. Witnesses are responsible for reaching consensus in the process of creating and validating new blocks, for which they receive a daily reward. If the witness is ineffective, they will be quickly removed and replaced by another witness, thus ensuring a smooth network operation.

via https://blockchain.mn

[simpsons_support]

Where can I use the EDC coin?

EDC coin is used in a few ways: ● As a bonus coin for staking service users; ● As a tool for holding loyalty promotions, bonus programs, gift certificates, and bonus accruals by entrepreneurs; ● As an exchange tool for goods and services in HoReCa, eCommerce, and the sharing economy; ● Trading on liquid exchanges (https://blockchain.mn/exchanges/).

via https://blockchain.mn

[Prime]

Is this your sin Coin Market Cap?
https://coinmarketcap.com/currencies/edc-blockchain/
Actually this is little bit interesting if we see the features, moreover about staking. As we know that staking is now very popular in order to attract users to use.
But, how much is the reward? The percentage?
Because I cannot find such information in your website. It only depends on how much we stake?

[simpsons_support]

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%.

via https://blockchain.mn

[simpsons_support]

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.

via https://blockchain.mn

[simpsons_support]

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.

via https://blockchain.mn

[simpsons_support]

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.

via https://blockchain.mn

[simpsons_support]

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.

via https://blockchain.mn

[simpsons_support]

Merry Christmas!