p2pb2b and Crypto Launch Agency joint research
The problem of DPOs double-spending brought many troubles to various projects, and it is also one of the most important issues in the crypto sphere that need to be addressed.
E-dinar payment system suggests solutions in this area.
p2pb2b exchange jointly with Crypto Launch Agency conducted a study of the E-DINAR COIN, which is listed on the exchange, and explore in detail all aspects of the project.
EXECUTIVE SUMMARY
E-DINAR
E-dinar is a fully decentralized payment system based on blockchain technology: open source financial network. The deficiencies of bitcoin related to 51% of computing power are remediated by the usage of dpos (delegated proof of stake).
| KEY METRICS (as of 19 Nov 2018 ) | |
| Ticker | EDR |
| Latest Price | 0,00000206 BTC |
| 24H Market Cap | |
| 30 Day Avg Market Cap | |
| 24H Volume | 863,10 BTC |
| 30 Day Avg Volume | |
| Circulating Supply | 886 211 988 EDR |
| Total Supply | 1 011 211 988 EDR |
| All Time High Price | |
| Project Website | https://edinarcoin.com |
RECENT NEWS
- 12.01.2019: Edinarcoin Searched More Often than Ethereum: EDR Has Become the Leader of Hot Searches on MyToken
- 11.01.2019: Popular Indonesian Media, Infobanknews.com and Pasardana.id, about Edinarcoin
- 08.01.2019: Take Part in the Promotion on IDAX and Earn 1 Million EDR
- 07.01.2019: Edinarcoin New Year Stickers for Use on Telegram
- 02.01.2019: Edinarcoin Announces the Continuation of New Year’s AirDrop on Updated Terms and Gives a Prize of +1000 EDC!
Take Part in the Discussion of the Development of Edinarcoin in QQ!
Edinarcoin Seminar Held in Erbil, Iraq. - 31.12.2018: Edinarcoin Wishing You Happy Holidays and a Joyful New Year
- 30.12.2018: Trading with Edinarcoin on Bit-Z to Start Next Week
E-DINAR Price & Global Volume
Data as of 11 Nov 2018
WHAT IS E-DINAR?
E-dinar is a fully decentralized payment system based on blockchain technology: open source financial network. The deficiencies of bitcoin related to 51% of computing power are remediated by the usage of dpos (delegated proof of stake).
How does the E-Dinar Coin algorithm work?
The transaction must be confirmed ten times during the execution of the process. Each computer confirming the transaction receives a salary calculated as follows: it takes into account the age of money in the user's account. Depending on the amount of money in the account, it is multiplied by the interest rate a few days before the due date (up to 0.65% per day).
Basic Information about E-Dinar Coin:
- Brand: E-Dinar Coin (or EDC)
- Preliminary mine preparation: August 15, 2016
- Commission for transfer between wallet: 0.1 EDC
- Block clock: ~ 5 sec
- The number of coins (max.): 999,000,000,000,000 (999 trillion)
- Total number of coins preparing for mining: 2 500 000 000 (2.5 billion)
- Account-based addressing type: X11 - Resistant to system hacking compared to bitcoin's SHA256.
- The promotion of cryptocurrencies in the foreign exchange markets is supported by the simplicity and virtually all foreign exchange markets of the Bitcoin API.
E-Dinar is an internal cryptocurrency operating on the closed blockchain. Upon numerous requests from the participants of the community, E-Dinar launched E-Dinar Coin cryptocurrency, that already has an open code allowing to trade with EDC on external exchanges.
E-Dinar Coin cryptocurrency is built using progressive technology Delegated PROOF-OF-STAKE (DPOS).
E-Dinar Coin is expected to grow on a steady rate due to a new approach to the crypto code and a unique solution as the introduction of referral cryptocurrency program. Any coin rate is set depending on supply and demand, we believe that the lack of analogs, as well as high validity, will provoke a sharp growth rate in 2016.
You will be able to buy E-Dinar Coin on your own on the E-Dinar internal exchange or on external exchanges. Currently, E-DINAR is actively negotiating with the management of the top-ranked and discussing the terms and conditions of cooperation. Pay attention to the latest information posted by E-DINAR. All the relevant information is placed in the tab “News” on e-dinar.io website. As for now, E-Dinar Coin is available on alcurex.com and lk.exrates.me
E-DINAR check every user. The process and timeline for checking participants depends on many factors. Leaders and participants are interested in the safe use of E-DinarCoin and its protection from fraud.
The check will take place in the standard mode. To complete the verification, the participant must download:
- Identity documents;
- Documents confirming the place of residence;
- Documents confirming all purchases of E-Dinar through direct transfers (upon request);
- After verification, the participant will receive full access to the E-Dinar Coin cryptocurrency.
The advantages of the system E-Dinar with the possibility of transfer of rights:
- Energy saving and a large database do not require any costs for the storage and mining of minerals.
- He has strong resistance to attacks.
- Income from mining is proportional to the amount of residues in the wallet.
- A bonus of 0.65% is calculated daily on the wallet balance.
- E-DİNAR Coin is defined as a new cryptocurrency that cleans the air and water in large cities. The open account uses a non-centralized payment system and participation proof technology that works on blockchain technology.
Problem of DPOs double-spending. Double-spending can occur whenever in the process of reorganization blockchain eliminates transactions, previously included in the chain of blocks. It means, that within this period some witnesses had significant problems with access to the network, caused by disruptions on the Internet. DPOs technology, which E-Dinar Coin took as a basis, provides the least probability of connection failure to allow double-spending. In other words, DPOs is one of the highly reliable tool against the possibility of double-spending.
The DPOS algorithm of E-Dinar Coin is a global distributed database, which is used as a ledger to keep track of digital assets. All updates in the ledger must be tested and applied in the correct order, as well as universally agreed, that allows the database to be consistent. The purpose of the delegated proof (DPOs) have to reach a consensus on the order in which updates should be applied. Any user can check the network condition by monitoring the level of participation of witnesses. E-Dinar Coin algorithm is developed in such a way that it can support the participation of 99% of witnesses. In turn, with the participation of 99% of witnesses, the deal has a 99% chance to be confirmed after one witness. This logic allows you to make and certify more than a hundred transactions within a time limit of 1-5 seconds.
Purposes of the Project:
Unique cryptocurrency E-DINAR COIN aims to change the world for the better, move from the monopoly of the financial institutions to a decentralized system of resource-based relations which will use the cryptocurrency and have no boundaries and limitations and will be available at any point of the world.
Key features of E-DINAR:
- E-DINAR IS SUSTAINABLE, ENERGY EFFICIENT CRYPTOCURRENCY
- E-DINAR PLANS TO PROVIDE EVERY HUMAN BEING WITH A SUFFICIENT AMOUNT OF FUNDS FOR A COMFORTABLE LIVING.
- ONE OF THE OBJECTIVES OF E-DINAR COIN IS TO FIGHT WITH AIR AND WATER POLLUTION IN BIG CITIES.
- E-DINAR: NEW CRYPTOCURRENCY WITH A MILLENNIAL HISTORY
MARKETING PLAN
Mountain bonuses:
- Passive - 0.65% per day of the amount on a personal account. To receive a passive bonus, you must have a minimum balance of 0.16 EDC.
- Referral - a percentage of the income of your partners.
Mountain bonuses are credited once a day.
REFERRAL RANKS
TERMS OF OPENING THE REFERRAL RANKS ARE AS FOLLOWS:
Rank A – at least 5 referrals in the first line with the minimum balance of 100 EDC
- % of referral bonuses from all lines: 25%
- Required deposit on the balance: 200 EDC
Rank B – at least 5 referrals in the first line and 25 referrals in the second line with the minimum balance of 100 EDC
- % of referral bonuses from all lines: 20%
- Required deposit on the balance: 500 EDC
Rank C – at least 5 referrals in the first line and 25 referrals in the second line, with the total number of people in the structure – 125 (regardless the line) having the minimum balance of 100 EDC
- % of referral bonuses from all lines: 15%
- Required deposit on the balance: 1000 EDC
Rank D – at least 5 referrals in the first line and 25 referrals in the second line, with the total number of people in the structure – 625 (regardless the line) having the minimum balance of 100 EDC
- % of referral bonuses from all lines: 10%
- Required deposit on the balance: 2000 EDC
Rank E – at least 5 referrals in the first line and 25 referrals in the second line, with the total number of people in the structure – 3125 (regardless the line) having the minimum balance of 100 EDC
- % of referral bonuses from all lines: 5%
- Required deposit on the balance: 3000 EDC
Rank F – at least 5 referrals in the first line and 25 referrals in the second line, with the total number of people in the structure – 15625 (regardless the line) having the minimum balance of 100 EDC
- % of referral bonuses from all lines: 2,5%
- Required deposit on the balance: 4000 EDC
Rank G – at least 5 referrals in the first line and 25 referrals in the second line, with the total number of people in the structure – 78125 (regardless the line) having the minimum balance of 100 EDC
- % of referral bonuses from all lines:2,5%
- Required deposit on the balance: 5000 EDC
ADVISORS
GEORGE HAN
George Han is presently Principal at The Deal Makers - an entity dedicated to advising companies in their token fundraise and equity capital raise. Through the platform, he hopes to bring together serious investors and quality businesses, run by dedicated founders, and create disruptive winners in the industries. He had helped over 20 businesses in their business proposition. Over the past year, he had the good fortune to advise 20 businesses in their ICO campaign and worked closely with founders in navigating the difficult terrain of token economy, community management, marketing, and investment strategy. Before his involvement with the blockchain and crypto industries, he co-managed an incubator at a top Singapore university for 6 years. During his tenure, he validated over 500 startups and facilitated the creation of 80 tech startups. He always has a strong interest in helping thriving startups develop their growth strategies and raise funds in realizing their vision. Based in Singapore, George graduated from the National University of Singapore, one of the top global institutions and has an MBA from the University of Hull.
https://www.linkedin.com/in/george-han-sgn888/
SYDNEY IFERGAN
Sydney holds a degree in computer science and has 20+ years of commercial experience. He has spent the last 10 years working in the online marketing arena and was the CMO for a large brokerage. In recent years, he has been consulting to various brokerages globally on their online marketing and the utilization of technology to improve their results.
https://www.linkedin.com/in/sydneyifergan/
TYLER SANFORD
Tyler has a deep understanding of the blockchain industry and is always searching for new and innovative ways to help improve the space. He is passionate about helping new and existing businesses surpass their goals and deliver successful projects. To date he’s been a part of 15 ICO’s raising $300+ Million. He brings a strong knowledge of marketing experience with seven years of experience with Tech-Startups such as Yelp and Zenefits. Tyler is also a former professional baseball player with the Los Angeles Angels Organization.
https://www.linkedin.com/in/tylersanford/
ROADMAP & UPDATES
E-DINAR has no section in which users can see roadmap.
TECHNICAL OVERVIEW
E-DINAR currently has a total of 6 Github repositories. Additionally, key public repositories have documentation in Github.
Top Public Github Repositories
Descriptions of C++17 features, presented mostly in "Tony Tables" (hey, the name wasn't my idea)
Code of E-Dinar Coin. Source code can be provided to interested parties upon request, in case they want to connect cryptocurrency to the app.
PRODUCT & METRICS
E-DiNARs ecosystem is made up of several products:
E-DINAR API: Provides a set of methods and interfaces for the interaction of all platform elements.
E-DINAR WALLET ANDROID: E-Dinar mobile wallet for Android allows you to manage your coins without storing the full-size units of the chain on your cell-phone. It helps you to save free space on your data carrier and allows you to take your coins wherever you go. Open PlayMarket
E-DINAR WALLET IOS: E-Dinar mobile wallet for iOS allows you to manage your coins without storing the full-size units of the chain on your cell-phone. It helps you to save free space on your data carrier and allows you to take your coins wherever you go.
E-DINAR WALLET BLOCKCHAIN: Web version of your wallet. Open
E-DINAR WALLET WINDOWS: Windows Wallet is an electronic wallet for Windows. It allows you to conduct transactions, send and receive funds. Use it if Windows is installed on your PC.
E-DINAR WALLET OS X: OS X Wallet is an app for your Macbook. With the wallet you can make all standard web-wallet operations: send and receive of the funds, check your balance etc. If you are a Mac user, this Wallet is for you.
E-DINAR WALLET LINUX: Wallet for Linux is an online wallet that has all the E-Dinar advantages. It allows you to get access to your E-Dinar coins, make transactions and view statistics.
COMMUNITY DATA
Social Community Overview & Strategy
E-DINAR has a robust community middle growth strategy that incorporates incentives and campaigns to attract users on various platforms.
Community and Social Channels
E-DINAR has a line of communities:
