I’ve written a number of pieces on EdenChain. I’m not the only one giving this ICO attention—the whole web is. It’s perhaps the first effective blockchain serving as a composite enterprise solution. EdenChain goes beyond the standard 3rd generation blockchain goal of high tps; it is pushing for increased security and streamlined usage of its network.

So, why is this such a big deal?
It is easy to understand that better security is always good; it’s also easy to understand that making it easier for businesses to be a part of the network is good for growth. But it may not be so clear why would a blockchain aim for such high transactions per second—so, I’m going to address that.

Blockchain is considered a leap forward in technology as it carries the internet era to a new frontier. It has the potential to turn the internet of information into the internet of value; EdenChain grasps this concept and so aims to make a platform for attaching a value to anything. But this puts to test the limits of blockchain technology, and the key underlying aspect to attach a value to anything means transactions will be involved—lots of transaction. Now, blockchain has caught eye of the masses but it has limited feasibility, at its current stage, to be utilized in scale for real world adoption. The reasoning in simple: the current networks are too slow and slouchy to sustain the transactional through-put required. Unlike existing payment networks, that have had decades to evolve, blockchain technology is new. But it has attracted the interest of some of the most talented entrepreneurs in the world who are making great advancements in this space. Now, EdenChain intends to carry this technology to mass utility.

Empowering the Blockchain Community

I’m going to detail how, at present, Ethereum’s inability to fulfill mass demand is holding back the blockchain market. Brilliant on-chain concepts are unable to reach fruition as the transactional capacity they require cannot be sustained by Ethereum. Here’s a view of what kind of blockchain projects can finally become successful once EdenChain is delivered.

Marketplaces

One of the benefits of blockchain technology is that it makes decentralization a feasible reality. Entrepreneurs are coming up with ways to target various market with decentralized exchanges. Some of the top examples:

• Storiqa aims to create a decentralized marketplace for any physical product
• Opiria aims decentralize the personal data market
• Databroker Dao aims to build a decentralized marketplace for IoT sensor data

The number and type of blockchain projects that are pursuing decentralized marketplaces is massive. But the reality remains that once these marketplaces are active, they would be unsustainable as the current networks cannot support the required tps. EdenChain will be able to provide the transactional power to sustain these; in fact, it’d also make the systems more secure.

Gambling

A large number of projects aim to utilize blockchain technology in the gambling industry; this is understandable since transparency is a native benefit of blockchain technology. Since online gambling has gained an exceptional amount of steam in the past decade, the projects are settled to draw in a massive audience—or at least you’d expect them to. Reality is that the gambling sector holds the worst performing ICOs. The products being developed are innovative but the problem is that these platforms need to support a market of millions of players they require a high tps which cannot be supported at present. Now, EdenChain could pull these products out of their grave and give them the opportunity to reach full potential.

Gaming

The blockchain community shares a good bit of participants with the gaming community. That’s why it is understandable that a lot of products are confident that they can deliver a revolutionary offering in the gaming market. But this ambition is also faltered by the limiting network that these projects are built upon.

The gaming market is massive and new developments need to be able to process a massive to survive. A single game can overload the current maximum ability of Ethereum, let alone an horde of new products being launched at present. These projects were headed to their demise, but now there’s some hope. EdenChain can provide the scale of transactions per second that these projects require.

In fact, EdenChain, as a third generation blockchain, won't just sustain the gaming projects being launched, but will also simultaneously support the network needs of the marketplaces and gambling products.

Wrap-Up: The blockchain community is studded with ambitious talent but their ability to reach their limits is unsupported by the current technological capabilities of Ethereum. Rather than remaining capped, these entrepreneurs and developers now have an opportunity: EdenChain can support their transactional and network needs while also offering increased security means.

EdenChain’s Essential ICO Links

🌐 Website: http://edenchain.io/
💡 Whitepaper: https://edenchain.io/wp-content/uploads/2018/04/EdenChain-Technical-Paper-v3-en.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=3144036.0
💻 Telegram: https://t.me/edenchainio

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