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    • simpsons_support (OP)
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    December 28, 2020, 06:58:11 AM
     #581

    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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    December 30, 2020, 12:08:00 PM
     #582




    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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    January 03, 2021, 01:45:14 PM
     #583




    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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    January 07, 2021, 10:43:35 AM
     #584




    Merry Christmas to All EDC Blockchain Participants!

    Dear friends,

    Merry Orthodox Christmas to you and your families.

    We would like to wish you peace, happiness and prosperity. Make your most incredible and daring dreams come true, boldly go forward to achieve your goals, but do not forget about simple human happiness. May all your bright dreams come true, no matter how unrealistic they may seem.

    We wish you to enjoy every moment of life, may you believe and love!










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    January 13, 2021, 12:46:17 AM
     #585

    Video News Digest

    Friends, you can start watching a new video digest about cryptocurrency. The most important news of the week has been collected in this issue: Bittrex delists coins, Ukraine starts cooperation with a well-known blockchain platform, Bitcoin has ceased to be accepted for payment on the darknet, how was the testing of the digital yuan, and more.

    Share your opinion in the comments and put likes.

    Subscribe to the EDC Blockchain YouTube channel.
     








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    January 15, 2021, 04:46:36 AM
     #586




    Become an EDC Blockchain Validator If

    You want to not just have coins in your wallet but make them work for you.

    This is possible using a coin delegation mechanism which is called ‘staking’. It allows a node to increase its stake and, respectively, the income of the node owner.

    Any blockchain operates to verify all blocks: when using the PoW consensus algorithm, miners do this work, when using PoS – validators. The EDC blockchain system is based on the PoS algorithm (namely Delegated Proof-of-Stake), which makes staking possible.


    Validators’ bonus reward

    Validators play a key role in the PoS consensus algorithm, as their nodes confirm new blocks in the blockchain and help keep it running. EDC Blockchain validators who have proven their efficiency receive a daily reward in the amount of 0,1 EDC per block for the work done. Additionally, your reward includes 10% of all commissions on the platform, distributed among all validators.


    How staking works

    When staking, you delegate validation rights to the EDC Blockchain system, but you do not transfer your coins to third parties. They are only blocked for the duration of staking, allowing the blockchain to maintain stable operation. This will ensure that your coins are safe and will be returned to your balance after the staking period ends.

    The stake is also a guarantee that the node will “follow the rules”, otherwise the node owner will be excluded from the committee and forfeit their interest.


    Why staking is profitable

    The most profitable way to stake in EDC Blockchain is to become a validator. You can create a wallet on the official website and deposit coins to your balance in the amount that is needed to unlock the button to create a node.

    Any participant in the Ethereum 2.0 network can become a participant in the creation of new blocks. However, this requires significant funds. The minimum deposit for staking is 32 ETH or over $3500 USD.

    Waves also provides a staking opportunity with a minimum deposit of 1000 WAVES ($5600 USD at the current rate). Considering the global crisis, this is a lot of money for the majority of people.

    In EDC Blockchain, the amount you need to have on your balance to become a validator is 20,000 coins that will be burned to open access to validation. At the current exchange rate, this is 75% lower than the required staking deposit in Ethereum or 84% lower than in Waves. The platform does not charge additionally, but chose a burning strategy in order to strengthen the position of the EDC coin by reducing the number of coins in circulation.


    What’s ahead?

    In 2021, each EDC member will have access to a staking program with a duration of 12 months and an annual return rate of 36% (in Ethereum 2.0, the maximum annual income cannot exceed 20%), plus all limits on staking deposits will be canceled.

    Start staking EDC Blockchain by registering your wallet and depositing coins to your balance on the following exchanges: https://blockchain.mn/exchanges/.

    If you have any questions about staking, please contact EDC Blockchain support.










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    January 18, 2021, 10:00:50 AM
     #587

    Weekly Video News

    Dear friends, join our YouTube channel and watch a new video about blockchain and cryptocurrencies!

    In this issue, you will find out where bitcoin farms will be launched, as well as about the issuance of bank cards by the Gemini exchange, launch of the first federal crypto bank in the United States, and interesting statistics on the use of cryptocurrency.  

    Subscribe our YouTube channel, leave comments and put likes! See you in a week!








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    January 25, 2021, 07:07:47 AM
     #588



    The current EDC coin rate can be found here

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    January 29, 2021, 11:03:03 AM
     #589




    New EDC Blockchain Stickers Rolled Out on Telegram!

    Start using 10 new EDC Blockchain stickers to make your communication brighter on Telegram!




    How ot install:
    1. Click on the link https://t.me/addstickers/edc_blockchain_2021 on Telegram
    2. Select "Add 10 Stickers"
    3. Done! Start sharing colorful stickers in messages with your friends!










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  • simpsons_support (OP)
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    February 01, 2021, 09:09:28 AM
     #590




    Staking and Payment Mechanisms to Be Updated in February

    Dear community members,

    On February 1, 2021, we will update EDC Blockchain in order to reduce the limits in the system and increase the ability for you to carry out activities with your coins. 

    We will update the following:
    * A staking mechanism providing an annual interest rate of up to 36% will be launched. At the end of the staking period, in 12 months, the deposit is returned to the user balance;
    * Masternodes accepting deposits will be deactivated. Masternodes will retain their bonus payment activity until the expiry date;
    * Limits for all transactions will be disabled, including for sending, receiving and withdrawing coins, as well as transactions using payment instruments such as anonymous transactions, check codes, and red envelopes. You can transfer any number of coins to your partners without restrictions.

    Please take note:
    Staking is provided thanks to the use of the DPoS consensus algorithm. Delegating your coins to the EDC Blockchain system makes it possible to confirm blocks.

    Staked coins are blocked in the system for the staking period and help the validators maintain all operations on the blockchain, allowing users to get new coins as a reward.

    Staking Terms
    1. You can review your bonus coins or start staking by visiting Wallet> Staking.
    2. The interest accrual period begins the day after staking is activated and lasts until the end of the staking period, that is, in 12 months.
    3. Interest accrual time: daily.
    4. The annual interest rate may be adjusted based on staking rewards and depends on the information on the page on a particular day.
    5. The user can track the transparency of all transactions in the Blockchain Explorer.

    Staking is the easiest way to get additional bonuses, which does not imply hidden fees and storage surcharges. The main requirement for the coin owner is to keep their EDCs in the wallet during the staking period. The more coins blocked, the higher the reward.

    Thank you for the support!










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  • simpsons_support (OP)
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    February 03, 2021, 09:18:50 AM
     #591




    Opportunities for Users After Updating EDC Blockchain

    Dear users,
    We have successfully updated EDC Blockchain on February 1, 23:00 (GMT +8). The following is now available to you:
    1) You can transfer any amount of EDC coins with no limits, including making operations with check codes, red envelopes, as well as conducting anonymous transactions.
    2) You get a bonus in the amount of 36% per annum from the amount of coins staked;
    3) You get a bonus generated by masternodes until they expire. Masternode deposits have been disabled.


    How latest updates contribute to the EDC Blockchain development

    1) By removing all transaction limits, each user can stake an unlimited number of EDC coins and receive a bonus based on the amount of coins staked. The user bonus in the established amount of 36% per annum allows the network to slow down the issuance of new coins, contributing to a decrease in the supply of coins in the market, as well as an increase in natural demand. The lower the supply, the higher the price of the coin in case of natural demand.

    2) Validators benefit greatly from ongoing updates. Removing transaction limits leads to an increase in the volume of transactions, and, as a result, an increase in the overall volume of fees. Since all validators receive a daily reward of 10% of the transaction fees, their rewards will increase.

    3) 90% of all transaction fees are burned on EDC Blockchain. Taking into account that the volume of both transactions and fees increases due to the removal of limits, more coins will be burned than before. Taken together, fewer coins issued and more coins burned result in fewer coins on the market: circulating coins become “less frequent” and therefore more valuable. When demand exceeds supply, the price of the coin increases, which benefits all EDC Blockchain users.

    EDC Blockchain thanks the community for its support and is actively engaged in the analysis and development of additional tools for applying the EDC coin in both real life and business.










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  • simpsons_support (OP)
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    February 05, 2021, 07:14:47 AM
     #592




    EDC Blockchain Solving Problems Within DeFi Industry

    According to a Blockfolio survey, 39% of cryptocurrency users do not know how to use decentralized finances (DeFi). If you are one of them, read this article.

    What is DeFi

    DeFi are financial services and applications that operate using blockchains which allow you to trade, lend, borrow, and make payments.

    Why do we need the DeFi ecosystem?

    With DeFi, you get access to financial services using blockchain and cryptocurrencies. All DeFi processes do not rely on a person, but on open source software and decentralized networks, so they occur directly among the parties in an automatic mode. It provides users with primarily speed, lower risks due to the absence of a human factor, control over money and no intermediaries who profit from commissions.

    How to apply DeFi services

    According to a World Bank study, ⅔ of people (66%) in the world do not use banking services, but own a mobile phone. With smartphones, these people get instant access to DeFi financial services and, if your company provides DeFi tools, they can use your services too.

    The EDC Blockchain platform offers ready-made decentralized solutions that can be applied in both business and everyday life.

    Creating a token for business development

    With the help of the EDC Blockchain coin constructor, each user can send a certain number of EDC coins to the system and issue their token on the EDC blockchain in a few clicks. You do not need special technical knowledge and equipment, as the token is being created by the constructor only.

    An entrepreneur can provide goods and services in exchange for their token, providing their token with marketable liquidity.

    Getting bonuses for storing coins

    DeFi users can accumulate income by storing their savings in wallets. Storing coins in the system ensures the liquidity of the coins, and in return you receive new coins that you can use at your discretion. Often, the bonus for keeping your coins on DeFi platforms exceeds the interest provided by traditional financial systems. EDC Blockchain provides a bonus of 36% per annum for keeping coins in the system.

    Convenient tools to make transactions

    You can transfer your EDC coins directly to another user, which allows you to save more than 50% of the costs that are usually spent on intermediaries services. If you conduct financial transactions frequently, it will save you not only money but also time. The platform operates using blockchain which makes it possible to carry out online transactions in up to 5 seconds.

    EDC Blockchain provides additional payment tools that makes it easier for users to work with DeFi products or services:
    1) Check code. This technology allows coins to be converted into a generated code. The recipient “unpacks” the code in order for the coins to be credited to their balance. The code can be applied as gift certificates and as bonus accruals in loyalty programs and competitions.
    2) Red envelope. Coins can be transferred in the form of a generated code to several recipients. It is convenient to pay salaries to your employees using this tool.
    3) Anonymous transactions. By making an anonymous transaction, you will remain completely anonymous to the recipient.

    To use the decentralized EDC Blockchain tools and boost your sales, download the EDC Blockchain wallet for free. It will take as little time as it takes to drink a cup of coffee. No costs, no documents, no confirmation - you need just a smartphone and an installed application on it.










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    February 05, 2021, 07:28:35 AM
     #593
    Even though you are providing some accurate updates, why the volume of this EDC coin is not increasing and what was the main reason which you cannot able to list the coin in the multiple exchanges, just you are updating about the offers but no development activity.

  • simpsons_support (OP)
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    February 08, 2021, 11:27:47 AM
     #594
    Quote from: coin_1122 on February 05, 2021, 07:28:35 AM
    Even though you are providing some accurate updates, why the volume of this EDC coin is not increasing and what was the main reason which you cannot able to list the coin in the multiple exchanges, just you are updating about the offers but no development activity.

    The team is currently working on several large projects at the moment, so there are no global updates yet.
    Follow the news =)

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    February 08, 2021, 11:28:43 AM
     #595

    EDC Blockchain Video News Digest

    Friends, if you somehow missed important EDC Blockchain news last week, check this video!

    In this issue, you will learn about changing transaction limits, launching a staking mechanism, getting bonuses for coins staked, disabling masternodes, as well as about EDC use cases for DeFi projects!

    Subscribe our YouTube channel, leave comments and put likes! See you in a week!








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    February 12, 2021, 08:10:04 AM
     #596




    Grow Your Business with EDC Coin!

    To all entrepreneurs who use or want to apply EDC coin in their business!

    You can start using banners as outdoor advertising promoting the acceptance of EDC coins in exchange for goods and services in your shop.

    Follow EDC Blockchain website> Footer> Banners to see the banners or click download.




    EDC banners can be used by companies providing services in the tertiary sector, catering (restaurants, cafes, pastry shops), as you can easily hang it on your storefront window, hotel, and restaurant business, as well as to promote the production of goods and provide information and marketing services.

    Applying EDC coins in your business is an additional opportunity to acquire potential customers represented by EDC users in Europe, Asia, Africa and Latin America, where our community is developing.

    With the EDC coin, you can increase loyalty and the number of new users by running promotions, providing bonuses to employees, making discounts for regular customers, and giving coins for placing reviews. Satisfied customers are a valuable resource that helps develop your company and makes it recognizable.

    Grow your business with EDC Blockchain!










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    February 12, 2021, 08:50:53 AM
    Last edit: February 15, 2021, 10:00:53 AM by simpsons_support
     #597

    Happy New Year to Our Asian Community!

    Dear EDC Blockchain users and partners!

    We sincerely congratulate you on the beginning of the Lunar New Year! We believe that 2021 will be a year of accomplishments, as well as a symbol of the awakening of a new life, when you can start all over again and solve the most difficult problems!

    May your year be filled with luck and prosperity, tranquility and wisdom, thanks to which you will be always able to make only the right decisions on your way to great success.

    EDC Blockchain thanks you for your valuable support last year and will do its best to develop and expand our community! We will follow the roadmap and use the experience gained to make your prosperity and the potential of each of you a calling card in 2021!









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    February 15, 2021, 09:55:21 AM
     #598




    Android-Based EDC Blockchain App Has Updated

    Dear users, our developers have updated the Android-based EDC Blockchain application. The update includes the following:
    * Limits on all transactions with EDC coins, including anonymous transactions and the use of a check code and a red envelope, are removed;
    * A staking mechanism that allows you to stake your coins for 12 months and receive a bonus reward of 36% annually is released;
    * The functionality of transactions is improved and bugs are fixed in order to improve the security of work on the platform.

    We recommend that you update the EDC Blockchain app on Google Play to properly conduct operations.

    Thank you for using EDC Blockchain products!










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    February 17, 2021, 06:32:35 AM
     #599




    Download the Updated EDC Blockchain Wallet on App Store!

    Dear users, our technicians have updated the EDC Blockchain wallet for iOS devices.

    List of changes:
    * Limits on all transactions with EDC coins, including anonymous transactions and the use of a check code and a red envelope, are removed;
    * A staking mechanism that allows you to stake your coins for 12 months and receive a bonus reward of 36% annually is released;
    * The interface has been optimized to improve the safety of operations on the platform.

    Please update the EDC Blockchain app in the App Store to properly conduct operations. If you have any questions about the use of EDC Blockchain services, please contact our support service by email support@blockchain.mn or in the Telegram chat https://t.me/edcblockchain1. 

    Thank you for being with us!










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    February 19, 2021, 09:03:15 AM
     #600




    Why Entrepreneurs Use EDC Blockchain Services

    Such corporations as Microsoft, Rakuten, and AirBaltic have started accepting Bitcoin for payment. So while a millionaire buying an AirBaltic first class ticket can afford to pay a $20 commission, buying a pizza or a cup of coffee with Bitcoin in a small store is simply unprofitable.

    The time required to process a Bitcoin transaction takes from 15 minutes to several days and depends on the size of the commission. Will a small business customer spend a $9 commission on a $4 cup of coffee, or even wait 24 hours for the transfer to complete?


    What if we told you that transactions can be fast and cheap?

    Confirmation of blocks in the EDC blockchain takes up to 2.5 seconds. The process involves validator nodes that transfer data to the blockchain without delay, rewarding validators for the work done. This mechanism allows EDC users to instantly make payments and receive EDC coins to the account within 5 seconds after sending.

    Transaction fees range from 0% to 0.75% and vary depending on the user's activity as well as the number of coins they burned over time to add value to the EDC coin. With a coffee price of $4, the maximum user commission is only 3 cents ($0.03) or 0% if the burning conditions are met.

    There are no established transaction limits on the EDC Blockchain platform. You can send and receive EDC coins from partners, trade on exchanges and conduct transactions using other transaction features, such as anonymous transactions, check codes and red envelopes to increase customer loyalty, without restrictions.

    The EDC Blockchain goal is to provide entrepreneurs with convenient blockchain tools for business and eCommerce applications. By developing your business with EDC Blockchain and expanding points of EDC acceptance, you will provide users with ease of exchange coins for the services in your pastry shops, cafeterias, sushi bars and pizzerias, in return for attracting loyal customers and increasing turnover.











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