Technological Advancement of Edenchain

in blockchain •  6 years ago 

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Edenchain is the global platform for a programmable economy seeking to build a highly secured interoperable, highly performed blockchain at the lower processing fees. It can build Edenchain to use in a wide range of applications and industries.

SGX Enclave

It is software of Intel that runs the programs in a trusted environment assuring the security. The actual name for SGX stands for Software Guard Extension and it enclaves for the protection of data and programs and it will run against the hacker attacks and places the programs in separate spaces and will encrypt and decode the data making it inaccessible to the external processes.

It has the ability to decrypt the data within the enclave through the side channel attacks and it has the possibility to decrypt them as there is no other determining the private keys. SGX enclave will provide the CPU level defending against the attacks from hardware and software attacks.

The keys will be used for encryption in the enclave are randomly changed for the key values are stored in the CPU. It will not adjust into the memory and it cannot be accessed externally. Edenchain runs the E-Oracle Server code on the SGX Enclave providing robust data and system security defending against the form of a hacker attack.

Schelling Point

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It is first devised the concept of the Schelling Point and people tend to behave naturally in common sense to think for themselves rather than acting at random. This can be used for creating an agreement of external data within the E-Oracle with separate nodes and will access the external data using parameters passing from the smart contract receiving results to the server in exchange to the values and selecting a final value by itself without a centralized system.

The basic assumption lies without any trust in the values of submitting in each of the E-Oracle servers. The process is repeated by the value selected by the participating in the processing determining the value for the submitting similar values for the individuals to submit in receiving payments.

The criteria also use common facts as a focal point by making a selection creating common knowledge among the participants to present incentives distinguishing along with the correct and incorrect values. This values will lead to the majority of participants selecting with the difficulty in applying the Schelling Point to the participants changing it commonly for the information regarding the values to be chosen.

Other Technologies

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Even Majority Voting process enclaves the performance of selecting the common values of the E-Oracle server to confirm the value as final and it mostly uses the final value of consensus algorithm to be applied to the discrete type of data without any difficulty. Median Voter Theorem is applied within the existence of continuous data by the majority of the voting system.

It implies the decision the decision regarding the voter’s choice for a larger number of participants determining a certain value for the majority. The voters refer to the choice selection for the participants as their ideal choice without any realized benefits. The Voting Theorem is a resource that can be utilized by the growth rate determining the median voter. The voter will strive for maximum utility to increase the value for individuals.

The blockchain based platform of Edenchain enables the value of capitalized and traded into the platform for the Programmable Economy technology for every sort of assets. It has the ability to employ the blockchain smart contracts for the assets into tradable assets.

Website : http://edenchain.io/
Whitepaper : https://drive.google.com/file/d/1qUUUm8mNuL-7f5yYsNza1gqcZE6PoDhN/view
Telegram : https://t.me/edenchainio
Twitter : https://twitter.com/edenchainio

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