Post
Topic
Board Announcements (Altcoins)
Re: [ANN] EDC Blockchain - global platform with its own cryptocurrency
by
simpsons_support
on 23/05/2022, 08:41:43 UTC




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