sdfsdf - page 105. | Bitcointalksearch.org

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New EDC Blockchain Goals Set!

Once again, we would like to congratulate our entire international community with the coming New Year 2021! May your courageous and active decisions change the world for the better!

In 2021, we expect to provide the following solutions:

Q1. No limits on transfers and staking amounts.

Q1. Leasing deposits to the EcroFund masternode are canceled.

Q1. Creating a staking program with the possibility of staking coins for 12 months. The annual staking reward is 36%.

Q2. Increase in the number of the node holders to 100 validators.

Q2. Switching to a public decentralized blockchain.

Q2. Expanding the blockchain tools for entrepreneurs and using the EDC coin as a means of payment for goods and services.

Q3. Creation of a foundation and platform for startups. A budget of 10 million EDC to be allocated for the development of startups.

Q4. Updating wallets given the ability to credit and acquire startup shares.

Q1-4. Expanding trading opportunities.

A full extended roadmap will be released in early January!

Happy Holidays!

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Results of a Christmas Promotion on BitZ

Dear participants of the promotion!

We inform you that the EDC trading competition on the BitZ exchange has been successfully completed, and we are happy to sum up the results.

69 participants, whose total transaction volume exceeded 2000 EDC (each) during the entire promotional period, become the winners. The winners will receive a prize in the amount of 50,000 EDC to be distributed among them. The accrual of bonuses has already started and will be processed by January 1, 2021.

Check the details: https://help.bitz.plus/en/article/100002628

We would like to remind you that starting from January 1 to January 10, 2021, you can get an additional bonus! Just actively trade USDT contracts and reach certain trading volumes.

TOP50 traders will receive 200 EDC each, as well as a bonus in U coins according to the specified conditions. You can unlock your contract bonuses within the time period of January 1, 2021, 00:00 (UTC +8) - January 10, 2021, 00:00 (UTC +8), and start using them right away!

We wish all EDC users and partner BitZ exchange participants the endless victory and more free coins! Get excited about new promotions next year!

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Video Digest: EDC Promo Ends on BitZ, EDC Auction Presentation Releases and News from Exchanges

Dear friends,

Check out a new video about cryptocurrencies, blockchain and exchanges. You will learn about Huobi's empowerment, the results of the first EDC auction in which the participant wins the latest iPhone, and the release of a presentation to the auction participants. In these papers, you will receive answers to frequently asked questions on Telegram about how to get started, how to win EDC coins or goods, and why EDC Auction has an impact on the coin rate.

Visit our YouTube channel and watch more interesting videos about cryptocurrencies and blockchain!

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Happy Christmas Day to All!

Dear users and partners,

We sincerely wish you a Merry Christmas and happy New Year too!

May hope makes all things work, may you feel the warmth of unconditional love and may peace fill you throughout the year. We make sure this year is going to be auspicious for every member of our international community!

Happy holidays!

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How Does Burning Affect the EDC Rate?

Over the past years, we have observed changes during the EDC development. The coin went through several phases of the market cycle, and currently set experienced growth gaining 8.90% in terms of USD and 6.29% in terms of Bitcoin within the last 24 hours.

The number of EDC coins in circulation has reached almost 47 million, which is just under 50% of the total supply (100 million EDC). After the rest of the coins have been issued, no more coins will be produced.

The coins generated by EDC Blockchain are used to exchange for goods and services, to participate in auctions, are traded on exchanges and staked. The more coins are issued, the more participants use them, the more the price of the coin increases. In order to support the price growth, EDC Blockchain uses a coin burning mechanism.

Incentives for burning coins

Burning coins is of a technical and economic nature. This approach means removing a certain number of coins and increasing the value of the remaining coins. This happens due to the fact that the issuance of coins is limited.

A similar concept is applied in the traditional financial market, where a public company can buy back its own shares to reduce the total number of shares. This potentially increases the value of the stock and helps owners increase their profits.

How EDC Blockchain coins are burned

The burning process is carried out by sending coins to a special coin-burner account, from which it is impossible to withdraw. Coins are burned as follows:
* 90% of the fees for the transactions, including regular, anonymous, and transactions with checks;
* 50% of EDC coins spent on BID purchases on the EDC Auction platform;
* Any number of coins burned by users, who are aimed at increasing the value of the coin. Transfer coins to the coin-burner account to burn any amount of coins. No commissions charged when making transactions to a burner account;
* Periodic burning, which the EDC Blockchain notifies in advance.

Crypto projects applying the coin burning method

For each transaction in the Ripple network, a part of its commission is burned, while Stellar burns its XLM tokens for each new transaction on the network. The coin that “burns” quarterly is BNB which belongs to the well-known exchange Binance. The exchange burns 20% of the profits during trading with its own cryptocurrency and plans to carry out the burning until the supply is reduced to 100 million BNB.

Conclusion

Burning gives an undeniable advantage in the form of coin growth to users who already own EDC coins, and to potential users who can purchase the coin at the current exchange rate and acquire the value that the coin will have after reducing its amount in circulation.

We would like to thank all the community members who properly understand how EDC Blockchain works, as well as who believe in the project and its future, who accumulate their coins and increase their income through staking. We make sure that we can do more together if we move in the right direction, using the EDC coin as a tool to pay for goods and services and using additional EDC Blockchain tools.

The EDC price we are observing now is not a limit, but an indicator for testing new price peaks!

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Video Digest: Companies Investing Millions of Dollars in Cryptocurrencies, Testing the Digital Yuan and Promo for EDC Traders

Dear Members, a news video digest about EDC Blockchain and other coins is already available on the YouTube channel.

In this issue: which companies have already invested millions of dollars worth of cryptocurrency, a new blockchain platform for gamers is being developed, how the digital yuan has been tested, what the most popular stablecoin is, and when you can get EDC bonus coins for trading on BitZ!

Visit our YouTube channel and watch more interesting videos about cryptocurrencies and blockchain!

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Getting 1000% Cashback in 60 Seconds? EDC Auction Makes It Possible!

Are you an EDC coin user looking for the new opportunity to use your coin? An entrepreneur who wants to get more bonus coins to use in your business? A user who has long dreamed of a new gadget? Or a gambler and you know how to win at auctions?

EDC Auction is a platform which makes it possible for every EDC Blockchain participant to realize their potential! At EDC Auction, you can show your ambition and passion, win cool products, or earn extra EDC coins!

How to participate

Register at https://edcauction.com/. Deposit EDC coins to your balance in the "Balances" section from your EDC Blockchain wallet, and be sure to indicate MEMO.

In the same section, exchange coins for a BID package containing from 5 to 200 BIDs. BID is the internal unit using which you can participate in an auction. The cost of 1 BID is $10.

Go to the main “Auction” page and select an available lot. You will see when the next auction starts and you can prepare to bid in advance. Past auctions and winners’ names are visible on the same page.

When the auction starts, on the auction page, the red “Bid now” button becomes active. If you lead in 60 seconds, you win.

You can place any number of bids. 1 BID increases the lot amount by $1. The more a user places BIDs, the higher the probability of winning.

What the winner gets

The auction usually ends when each of the participants has placed an average of 8-10 BIDs ($80-100). Thus, the participant wins a lot worth more than $1000 by spending up to $100!!! In this case, your profit will be 1000%! You can receive your lot in two ways: arrange the delivery of the product by paying the final cost of the lot, or get a cashback in EDC coins which will be instantly credited to your account.

Why to get EDC cashback

* By choosing cashback, you do not need to wait until you receive the goods by mail and do not pay anything extra.
* EDC cashback is unlimited. It can be either $1 000 or $10 000 that depends on the number of BIDs you place, your passion and mathematics! You will receive exactly the same amount at what rate you won the lot.
* 50% of the coins spent on the BID purchase are burned. The more participants exchange coins for BIDs, the more coins are burned and the more the EDC coin strengthens in the market and grows in value.
* You can immediately withdraw your cashback from your EDC Auction account.

How to use bonus coins

Having received bonus coins at the auction, a number of opportunities open up for their implementation:
* Staking your coins and receiving bonuses from the deposit in return. At the end of the staking period, your deposit will be returned to your balance;
* Exchanging EDCs for BIDs in your EDC Auction account and continue participating in auctions;
* Winning a brand item (now the iPhone and MacBook are raffled off) by purchasing it at the lowest price;
* Any EDC user who has placed even one bid can become a winner. If the starting price of a lot is $100, the minimum purchase price can be $101 (if you have placed 1 BID and won);
* Participating in an affiliate program and earning money with your team. The larger the team, the more your income.

Last week there were two auctions, the winners of which received EDC cashback to their EDC Auction accounts. The next auction will take place on December 16th, where you can win an iPhone Pro Max or receive EDC coins! Do not miss!

We wish you good luck!

Official website: https://edcauction.com/

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EDC Auction News Video

Dear members, a new video is available for you, which highlights the latest news from the EDC Auction.

Last week, the auction site started to operate fully, and the winners of the first auctions were announced to receive cashback in EDC coin!

On EDC Auction, you can exchange your EDC coins for an internal unit (BID) and place a bid using BID on the lots you like. The winner of the auction gets the opportunity to receive their item by mail or receive EDC cashback as the compensation for the item. Cashback usually exceeds the starting price of the product several times!

Visit our YouTube channel and watch more interesting videos about cryptocurrencies and blockchain!

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TOP10 Traders to Receive 50,000 EDC on STEX

Dear participants, our trading competition has been successfully completed on the STEX exchange. As a result, 98 users took part in the drawing, while TOP10 winners who actively traded EDC during one week have already received a bonus to their exchange accounts! The total bonus is 50,000 EDC. Congratulations!

Thank you everyone for your participation! We are planning to hold more promotions so that every EDC Blockchain participant can increase their EDC portfolio, actively trade and use the coin in everyday life!

Exciting news and promotions coming soon!

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EDC Blockchain Mobile Wallet Updated

Dear users!

EDC Blockchain Android/iOS-based wallets have been updated. The following features are included:
* No commission is charged when sending coins to coin burner accounts (coin-burner);
* Automatic setting of the appropriate commission for transactions depending on user rank.
Detailed information on fees and the conditions for obtaining ranks can be found here.

We recommend updating your mobile wallets from the AppStore and Google Play.

Note. Uninstall the previous version before installing the new one.

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Crypto News Video: What November Brings

Dear friends, you can now watch the new video digest on our YouTube channel!

In this issue, you will learn about the update of the EDC Blockchain wallet, news from Huobi and OKEx and the use of blockchain technologies by emergency services in Poland and Australia.

Share this video if you like it!

Subscribe to EDC Blockchain news and stay tuned for weekly updates!

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The More Trading Volume the More Free Coins on STEX!

Dear users!

Starting from November 30th, EDC Blockchain, together with STEX crypto exchange, will hold an Airdrop for the most active traders! By taking part in the competition, you can get up to 50,000 EDC for free!

The bonus program is aimed at supporting active coin users and partner exchange participants!

Terms of participation:
* Register on the exchange at https://www.stex.com/ and make a deposit in EDC coins.
* Trade the coin during the Airdrop period.
* The winners will be determined taking into account the total trading “Buy + Sell” volume.
* Date: November 30th - December 7th, 2020. The timing will be published in the news.
* Total prize pool: 50,000 EDC ($2,500, at the current exchange rate).

The prize fund is distributed as follows:

STEX.com is a European cryptocurrency exchange that provides traders with a fast exchange of cryptocurrencies and fiat currencies during 24/7. You can conveniently trade with the EDC coin paired with Bitcoin (EDC/BTC) by choosing a market price or set any price individually.

The daily trading volume on the exchange reaches almost $40 million, which contributes to an increase in the value and liquidity of the presented coins.

Start making deposits now, participate in the Airdrop and get more coins! There are more promotions ahead on our partner exchanges!

Thanks for your support!

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EDC Blockchain Mobile Wallet Updated

Dear users!

EDC Blockchain Android/iOS-based wallets have been updated. The following features are included:
* No commission is charged when sending coins to coin burner accounts (coin-burner);
* Automatic setting of the appropriate commission for transactions depending on user rank.
Detailed information on fees and the conditions for obtaining ranks can be found [urlhttps://blockchain.mn/ranks-and-coin-burning-tool-added-to-edc-blockchain-wallet/]here[/url].

We recommend updating your mobile wallets from the AppStore and Google Play.

Note. Uninstall the previous version before installing the new one.

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Video Review: EDC Blockchain Affiliate Program and Other News

Dear friends, we have important news: EDC Blockchain is preparing to launch an affiliate program! You will learn about the exact release date from our video review.

In addition,over the past week, we have collected other interesting cryptocurrency news. Enjoy watching!

Subscribe to EDC Blockchain news and stay tuned for weekly updates!

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Results and Development Prospects of EDC Blockchain

Hello everybody, today our community celebrates 2 years since the launch of EDC Blockchain, a multifunctional platform for entrepreneurs and small and medium-sized business development.

During this year, a number of works was carried out aimed at strengthening the position of both the EDC Blockchain project and the EDC coin in the market and in everyday life, while new blockchain tools were developed for users. Let's summarize.

Decentralization

The EDC Blockchain platform has switched to a decentralized blockchain, where users can become witnesses and deploy their nodes. Witnesses support the operation of the blockchain and receive rewards for the operation of their nodes, as well as the fee interest charged for transactions performed in the system.

Reduced commission

Ranks have been added to the EDC Blockchain wallet. Upon reaching a certain rank, transaction fees are reduced. Having reached the Rank 3, you gain access to the creation of a witness node.

Burning coins

A coin-burner account is created. All coins sent to this account are irrevocably removed from circulation to create a coin shortage and increase the demand for the coin. Over 8 billion coins have been burned by users.

Coin listing

EDC coin started to be available for trading at Bit-Z, STEX, Digifinex, P2PB2B, Exrates, and Coinbene. The coin price has been increased this week thanks to community support.

The growth of the coin is determined by the users’ behavior: the more coins are held or staked, the higher the price of a coin on the market.

Staking Rewards

All users have the opportunity to stake their coins and receive daily rewards for their deposits. The advantage of staking is that you do not need to use expensive equipment to mine new coins and you do not pay additional commissions for using. Therefore, the deposited coins are returned to your balance after the expiration of the staking period.

Go to your EDC Blockchain wallet, select “Staking”, click “Stake” and start getting your reward. There must be the required amount of coins on your balance.

Apps for Apple and Android

The EDC Blockchain wallet has been released on Google Play and AppStore. All EDC Blockchain operations are now available in one application! The wallets have been updated, including the addition of a 2FA protective function, ranks and a commission calculation module.

Denomination

To stimulate support for the project, an EDC coin denomination operation was carried out, while a global update of the software of the blockchain nodes was made. As a result, all balances in the market, including the total supply, have been divided by 1 000.

Community growth

A number of conferences and training events were held for the EDC Blockchain community members in Latin America, Indonesia, Turkey and China. New users have joined our community resulting in the increase in the number of wallets to 1,335,803 million.

In Q1 2020, our speakers conducted over 30 free webinars to raise awareness among users in the field of cryptocurrencies, blockchain and online trading. More than 7,000 users actively use EDC Blockchain services and tools in entrepreneurship, receive staking rewards and use the EDC coin as payment for goods and services within the community.

Partnerships

EDC Blockchain representatives took part in international conferences in South Korea, such as Hashnet Blockchain Conference and WBS MARVELS, in order to popularize the project. As a result, partnerships with South Korean blockchain companies were established and a memorandum of cooperation with the head of WBS Marvels, Bong Kyu Park, was signed to implement joint projects in the blockchain field.

Distribution of coins

A number of large airdrops were carried out together with the Bit-Z, Bitribe, Digifinex and XT exchanges. The distribution of coins on the partner exchange Bit-Z accounted for 5 million EDC coins. As part of the coin distribution, a few AMA events were held with representatives of the Bit-Z and Bitribe exchanges.

Bulletin board

A free bulletin board has been launched, where users from all over the world exchange EDC coins for different goods and services.

What are the prospects?

The EDC Blockchain community members are preparing for the launch of a partner project ECRO Marketplace, an online trading platform for sellers and buyers of goods and services. Sellers can easily create a store page on the marketplace, add products and accept orders, while buyers can purchase goods and services with EDC coins from different sellers around the world.

EDC Auction is a project that will be presented to users as an additional opportunity to apply the EDC coin. By exchanging coins for the project's internal units (bids), users will be able to place bids on different lots and redeem goods at minimal prices or receive a refund in EDC coins.

A partner program will be added to the EDC Blockchain wallet, thanks to which you can increase your bonuses by inviting new members.

Thank you all for staying with us, being active and participating in supporting the project! We will strive to ensure that our results justify all efforts, while the rewards for all users will only increase!

Stay updated!

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New Crypto Video Posted on EDC Blockchain YouTube

Dear friends, a video about the latest cryptocurrency and blockchain news has been released on our YouTube channel.

In this issue you will learn where salaries will be paid with cryptocurrency, what the Hong Kong authorities plan to do in relation to cryptocurrencies, how the KuCoin and OKEx crypto exchanges solve the problems, in which country it is possible to pay for obtaining a passport with Bitcoins, as well as about a small update for EDC users.

Subscribe to the EDC Blockchain YouTube channel and share your opinion in the comments!

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Pros and Cons of DEX Using

Trading volume on decentralized exchanges (DEX) reached $46.2 billion in Q3 2020, increasing by 12.3 times compared to Q2. The growth is associated with the active development of the DeFi market.

What is DEX

DEX is a decentralized exchange that uses distributed ledger technology, where trading is carried out without the participation of third parties, while the participants themselves control their funds. The principle of trading is simple: using the blockchain, the DEX connects a seller and a buyer to interact with each other and carry out a transaction with cryptocurrencies.

What are the advantages of using DEX

Each trader chooses an exchange according to their preferences, but there are main factors that influence their choice: safety and ease of use. Let's look at how decentralized exchanges are matched against key factors.
* DEX does not store user funds and data. Since the exchange doesn't have a single repository to access all funds, it is nearly impossible to hack it. All funds are kept only by the trader and belong only to the trader.
* Maintaining confidentiality: users do not need to pass verification. Since you do not share your data with anyone, this minimizes the risks of third parties gaining access to your assets.
* DEX does not have a leadership that can freeze your account, transfer data to the third parties or rule out price manipulation.
* Regulators cannot close DEX thanks to the use of distributed ledger technology, where each node in the blockchain operates independently of the others.
* A user friendly interface is available that makes it easy to understand the details of the exchange.

What are the disadvantages of using DEX
There are no such options as margin trading or order mode selection.
* Most DEXs operate on smart contracts, so it is possible to trade tokens based on smart contracts only. DEX is perfect for listing EDC20, a trading token based on Ethereum smart contracts.
* No fiat currency exchange. For many users, this is a serious drawback, since not many goods and services can be bought with cryptocurrency, so users need to exchange cryptocurrency for fiat currency.
* Thus, EDC Blockchain solves the above problem. The EDC Blockchain coin (EDC) is a bonus coin that is used every day and serves as a means of payment for goods and services for community members. EDC fully meets the needs of entrepreneurs: how to sell their products in the markets, how to attract and retain customers, how to motivate employees. Therefore, the ECRO partner trading platform is preparing to launch, providing additional marketing opportunities for promoting business and the ability to exchange EDC coins for any goods and services anywhere in the world.

Trading is an additional opportunity for coin owners who want to get a liquid instrument for running their business or access to purchase goods with EDC coins. You can view the available liquid exchanges for buying and exchanging coins at https://blockchain.mn/exchanges/.

After completing the transition to a decentralized blockchain, EDC Blockchain participants can offer any exchanges for listing the EDC coin. Thus, users can independently control the direction of the project development and contribute to the active promotion of the coin in the market.

Why is listing on leading exchanges so important? The recognition of the coin (popularity equals liquidity) and the interest of traders who actively trade the coin and maintain the market balance rather than just sell, are growing; the community is growing and developing (total number of EDC Blockchain wallets: 1,335,707); new partners are being attracted; the sphere of influence, including the widespread use of the EDC coin as a means of payment for goods and services, is expanded. EDC Blockchain is interested in increasing the number of quality platforms to promote and increase the value of the EDC coin.

What kind of decentralized and centralized exchanges do you think can contribute to the development of EDC coins in the market?

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Nodes Set to Launch in EDC Blockchain

We are pleased to announce that custom witness nodes have been set to run on the EDC blockchain. Block confirmation has already begun to bring rewards to node owners, validators.

Witness account holders:
wn2020
ankita90
edclatam1mn

We are happy to express our gratitude to the users who contribute to the development of the entire ecosystem under the new decentralized management.

Reward for witnesses
The witness account receives 0.1 EDC for every block signed by the node, while a block is confirmed every 2-3 seconds.
In addition, all witness accounts receive 10% of all fees received for conducting transactions in the system. The interest is shared among all witnesses.
The reward is credited to the users' balance once per 24h at 17:00 (GMT +8).

Requirements for switching to a witness account
To deploy a node in the EDC Blockchain and earn rewards, you need to do the following:
* Achieve Rank 3 by sending 20,000 EDC coins to the “coin-burner” account;
* Request to switch to the witness account in the EDC Blockchain wallet;
* Configure the node following the instructions;
* Within 24 hours, your account will be included in the witness committee and will begin to confirm blocks;
* Start earning rewards.

We are working to simplify the process of launching nodes for all users who want to develop and receive rewards for their work. If you have technical questions on how to deploy a node, you can always contact our support service.

The next stage of development

EDC Blockchain specialists are developing a partner program, with the help of which participants will earn additional rewards each time their partners lease their EDC coins to masternodes.

More interesting news coming soon! Develop and get rewards with EDC Blockchain!

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EDC Blockchain Data Updated on Coinmarketcap

Dear community members, after the completion of global changes, the EDC Blockchain data has been successfully updated on the Coinmarketcap cryptocurrency aggregator.

You can see current information about the EDC Blockchain platform, EDC coin price, volume, capitalization, and markets at https://coinmarketcap.com/currencies/edc-blockchain/markets/.

Major updates include the following:
* EDC Blockchain acquired the status of a decentralized platform using the DPoS consensus algorithm;
* Users can become validators by deploying their nodes on the EDC blockchain and receive daily rewards for their work, and an interest of all transaction fees;
* The global blockchain has been updated as part of the denomination process. As a result, all market balances were divided by 1000 to create a shortage and increase in the coin value, while the indicated price of the coin was changed;
* The total supply is 100 million coins;
* Capitalization remained unchanged;
* Ranks to reduce transaction fees were added to the wallet;
* A coin burn counter is available in the wallet;
* Participants independently control the transfers of their coins, determining how many coins to deposit on the exchanges and how many coins to lease to masternodes.

The information posted on Coinmarketcap is relevant for all EDC Blockchain users and partners. For any questions and inquiries, you can contact the EDC Blockchain support service.

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EDC Blockchain Digest

This week our specialists are performing a number of works aimed at improving the quality of the service provided and increasing the performance of the platform and mobile applications, such as:

* The modules of ranks and user witness nodes are being tested. Users started to apply for the creation of witness accounts, which are processed by the platform administration, and nodes are added to the blockchain for signing blocks. Each witness account receives a daily reward of 0.1 EDC for each block signed by their node and 10% of the commissions, distributed among all witnesses. The remaining 90% of commissions are burned by the system.
As a reminder, users who have reached Rank 3 can deploy a witness node and receive a reward for their node operation.

* We are collecting feedback on the operation of the rank and user witness node modules. You can send your feedback to our support team.

* Optimization of the operation of the cryptocurrency nodes and network fault tolerance is carried out. This maintains the viability of the blockchain and ensures the speed and reliability of transactions.

* The functionality of iOS and Android-based wallets, as well as the performance of the wallet web version are being improved. This will help even more securely transfer coins between wallets, as well as replenish accounts on partner projects, such as EDC Auction, which allows you to participate in auctions, and the ECRO trading platform, where you can sell or buy various products.

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