About EDC Blockchain [old]
EDC Blockchain is a multifunctional blockchain platform which is based on the DPoS (Delegated-Proof-of-Steak) consensus algorithm. This algorithm helps create the high network reliability by involving validators to obtain decentralization. These validators receive rewards for running EDC Blockchain node at their servers and verifying all transactions also they take a part in consensus and determine the key blockchain management parameters.
EDC Blockchain it’s the tools platform for entrepreneurs based on blockchain. The goal is to create effective tools for the tokenization of private small and medium businesses and the global popularization of blockchain technology.
One of the flagship products offered by the platform is a built-in coin constructor. With the help of a built-in coin constructor, you can create new coins, from a simple token for a small trade turnover to a full-fledged cryptocurrency with enhanced features and PoS mining algorithm. With the EDC Blockchain platform, you can tokenize and run businesses, develop startups and create new high-tech projects. To do this, you do not need any more powerful computing hardware and advanced programming knowledge, as a special code will reliably protect your digital assets, while free access to the currency will be provided with a “client” and a wallet. Assets created on an EDC blockchain can be traded or stored as permanent assets.
How do I buy cryptocurrency?
While some cryptocurrencies, including bitcoin, are available for purchase with U.S. dollars, others require that you pay with bitcoin or another cryptocurrency.
To buy cryptocurrencies, you’ll need a “wallet,” an online app that can hold your currency. Generally, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies such as bitcoin or ethereum.
Coinbase is one popular cryptocurrency trading exchange where you can create both a wallet and buy and sell bitcoin and other cryptocurrencies.