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EDC Blockchain

EDC

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About EDC Blockchain

EDC Blockchain is a decentralized blockchain platform designed to provide solutions to small and medium-sized businesses. EDC is a reliable network using delegated proof-of-stake (DPoS) consensus mechanism involving validators. DPoS is used as an alternative to the Proof-of-Work mechanism and is the democratic way to reach consensus by allowing users to stake coins to elect delegates who validate the next block. These validators are rewarded for processing transactions on the network and are responsible for maintaining and managing the entire blockchain ecosystem.

EDC blockchain allows users to stake their coins and earn staking rewards in return. Users can stake any amount of coins and receive daily rewards. The platform also has a multifunctional crypto wallet that can manage users’ coins and enable users to use the other features on the platform anywhere in the world.

Following are some of the benefits offered by the EDC wallet;

EDC also referred to as 'every day coin,' is the native utility coin of the EDC blockchain platform. The coin is used in various loyalty programs created by the entrepreneurs for their target audiences, mainly for promotional purposes, to offer discounts or cash back to the customers, and for paying bonuses to the employees. Customers can utilize the coins to pay for HoReCa bills( hotels, restaurants, and cafes).

The platform uses a coin-burning mechanism to maintain the coin value and provide a more stable price floor. Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burnt to reduce availability and increase market value. EDC platform burns in various ways, like;

The project was launched in 2015. The maximum supply of EDC is 100,000,000 coins.

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Canada News about EDC Blockchain

Unchained • May 01, 24

Schonfeld Latest Wall Street Player to Make Push Into Bitcoin, Ether Options

Traditional finance multi-strategy hedge fund firm Schonfeld Strategic Advisors is pushing into crypto products. Schonfeld disclosed in SEC filings on March 29 investments in both bitcoin (BTC) and ether (ETH) futures. A number of Wall Street firms have been investing in crypto for the first time...

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Decrypt • May 01, 24

If the SEC Thinks Ethereum Is a Security, Are ETH ETFs Doomed?

It’s now looking like a long road ahead for ETH to come to Wall Street. But that’s a surprise to few.

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Blockworks • May 01, 24

Vitalik Buterin talks ways to make zk proofs more efficient

Binius operates over binary code and is designed to store information using bits

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Decrypt • May 01, 24

What Is Notcoin? The Telegram-Based Game, NOT Token, and Future Plans

UPDATED: When is the NOT token actually launching? Here's the latest, along with everything else you need to know about Notcoin.

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BeInCrypto • May 01, 24

Bitcoin, Ethereum, Solana Rebound as Fed Chair Jerome Powell Speaks

Cryptocurrencies like Bitcoin, Ethereum, and Solana rallied following the Fed's decision to maintain interest rates, reflecting investor confidence in a stable economic outlook.The post Bitcoin, Ethereum, Solana Rebound as Fed Chair Jerome Powell Speaks appeared first on BeInCrypto.

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The Block • May 01, 24

Memecoins look to be getting a second life

Earlier in the month it seemed like the memecoin sector’s flourish was diminishing, but it looks to be getting a second life this past week.

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EDC Blockchain is on the rise this week.

The price of EDC Blockchain has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. EDC Blockchain’s price has also risen by 100.00% in the past week.

FAQ

What is the current price of EDC Blockchain?

We update our EDC Blockchain to CAD currency in real-time. Get the live price of EDC Blockchain on Coinbase.

What other assets are similar to EDC Blockchain?

Assets that have a similar market cap to EDC Blockchain include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

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