Quote from: simpsons_support on April 30, 2019, 06:47:50 PM

Quote from: Dorvei on April 30, 2019, 06:18:45 PM

Quote from: BitMaximum on April 30, 2019, 11:59:47 AM

The leasing program allows not to sell tokens, but to store them by transferring them for leasing and making a profit from the holding tokens.

You using a leasing program. What kind of mining algorithm do you us? Who mine EDC tokens?

On the EDC blockchain platform, the hybrid LPoS algorithm (Leased Proof-of-Stake), i.e, leased proof of ownership interest, works. This consensus mechanism has its significant advantages: for example, it attracts all users, regardless of their stack, to work on protecting and securing the network, and distributes the reward fairly, as each participant receives their share in proportion to the contribution. This is an excellent opportunity even for owners of a small number of coins to get bonuses. The essence of the algorithm is that owners of smaller amounts of cryptocurrency rent their coins to full-fledged nodes, while the nodes form a block, therefore, the owners receive their share of the total reward. This principle is similar to mining pools, which now serve almost the entire Bitcoin network. Due to the initiation and stimulation of network members with smaller amounts, the level of its security is also increased. The EDC blockchain platform is one of the few pioneers which is switching its mining algorithm to the LPoS algorithm. All coin holders are merged into masternodes.

Such kind of mining algorithm encourages investors to lease their coins and not sell them.