About Eden
Eden Chain is an enterprise-centric blockchain technology. It allows all tangible and intangible values to be capitalized through smart contracts, enabling people to freely trade through the internet without intermediaries.
Between every brilliant idea and its seamless execution, there lies a technologically sound bridge.
Let us be the bridge for your next blockchain project. EdenChain is a blockchain technology designed specifically with enterprises in mind. It is fast, secure and reliable third generation blockchain platform.
Why EdenChain
EdenChain Platform
Fast, secure, and reliable blockchain platform for enterprises.
Permissioned Blockchain
The permissioned blockchain allows enterprises a greater degree of control, privacy and security. It guarantees 100% First-in-first-out processing of all transactions through Namespace technology.
Scalability
Parallel execution through Namespace and Merkle Tree technology to simultaneously carries out a vast number of transactions with affordable processing fee. EdenChain leverages the Ethereum Virtual Machine (EVM) which is Solidity-friendly to increase accessibility to smart contracts.
Secured Interoperability
Edenchain ensures zero-knowledge trusted connectivity between on-chain and off-chain modules through the use of software connectors, enabling interoperability among software modules.
Hardware & Software Protection
E-Oracle consensus module within Intel’s SGX Enclave provides a safe and secure environment for EdenChain’s key programs against hardware and software attacks.
Optimal Resource Usage
EdenChain uses Energy-efficient Proof of Elapsed Time (PoET) consensus to optimize computing power resource. Cost is based on per transaction and each transaction processed on a first-in-first-out basis (FIFO).
Vision
EdenChain is a blockchain platform technology to welcome the era of Programmable Economy: a new system that allows capitalization of any and every tangible and intangible assets. We believe that application of the Programmable Economy will lower the transaction costs, increase shared profits, and create new markets for foreign and domestic trades.
New Digital Economy
Through tokenisation on the blockchain, we are able to capitalise on assets that in the past were previously untradeable. These includes both tangible and intangible assets (such as real estate, skill, time, game items) that were hard to capitalise. A new economy created through the combination of blockchain technology and the internet. You can convert anything into tokens, and trade it through the internet with anyone in the world.
BlockChain
Cost of Verification
Costless verifications lowers the costs of auditing transaction information and creates new markets
Cost of Networking
Cryptocurrencies reduce cost of networking by removing the need for intermediary, creating new markets.
Digital economy
Through the new digital economy, it is relatively easy to create new digital assets. This in turn manifests into new markets, opportunity and potential wealth. EdenChain is well positioned to empower the new digital economy through tokenization.The EdenChain platform features an onboard exchange which allows all tokenized values to be traded and for users to capitalize on the value of their assets on the platform. These capabilities are made possible by the native Eden Coin (EDN) which incentivizes good user behavior and ensures security of the platform.
The EDEN Architecture
A blockchain infrastructure powered seamlessly by three distinctive layers : Distributed Ledger, Validation Layer and Bridge Layer.
Bridge Layer
This layer consists of an e-bridge that connects EdenChain with external data sources through secured interoperability, enabling the on-chain smart contract to interact with the off-chain modules. As nodes exist on both the on-chain and the off-chain, an E-Protocol uses an encryption process called the Elliptic Curve Cryptography (ECC) – Threshold Cryptography (TC) for trusted connectivity.
Validation Layer
Transactions are executed and verified in this layer, which includes the Ethereum Virtual Machine (EVM). Using a Transaction Execution Scheduler, it forwards transactions to corresponding nodes based on namespaces. Automation of transaction routing allows efficient resource management across transactions and nodes. One can also operate the blockchain with optimal resources and computing power through real-time monitoring of the workload allocated to the Trusted Execution Environment (TEE). By grouping related transactions into batches, the validation layer ensures efficient execution and eliminates any data dependency issues.
Distributed Ledger Layer
Based on Linux Foundation’s open source project, Hyperledger Sawtooth, the distributed ledger layer provides the decentralized database functionality for EdenChain. Proof-of-Elapsed-Time (PoET) is a consensus algorithm that integrates a CPU command in the Software Guard Extensions (SGX) to select a leader randomly without utilizing large amounts of energy to solve a hash problem. SGX allows applications to run trusted code in a protected environment.
Tips for securely storing your Eden
- Do your own research. Before sending any coins or private data to a wallet, make sure you have researched the wallet provider to make sure everything is above board. Keep an eye out for scam wallets, such as those using URLs only slightly different to the URLs of legitimate wallet providers, and check out some independent reviews for all the pros and cons.
- Back it up. Make use of your wallet’s back-up and restore facility so that if something ever goes wrong with your wallet, you’ll be able to recover your funds.
- Set a strong password. Now is not the time to be lazy when creating a password; take your time to create a strong and uncrackable code.
- Make use of all available security features. Make the most of all the security features your wallet offers, such as two-factor authentication or multi-signature transactions. It’ll offer increased protection for your funds and greater peace of mind for you.
- Update your antivirus software. Take care to regularly update the antivirus protection and anti-malware software on any device you will be using to access your wallet.
- Keep your private keys private. Last but not least, don’t underestimate the importance of your private keys. Store them somewhere safe and don’t share them with anyone else.
Article Disclaimer
The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .
