A specific algorithm is used when mining cryptocurrency. On the Internet, controversy continues which algorithm is better: Proof-of-Work or Proof-of-Stake. The answer is simple as usual. Let us see. PROOF-OF-WORK: “UNLUCKY” NUMBER 51 Proof-of-Work is the first algorithm used to mine cryptocurrency, although it was created for another purpose, such as protecting the server from DDoS attacks and spam. The essence of PoW is in carrying out complex computational operations using computer technology. In the crypto field, this is a mechanism to confirm the fact that mining is actually carried out. P ..read more

Dear members of our community! We have already achieved tangible results, as to date, over 1 billion EDC coins are leased to the masternode by users! Congratulations to each of you and thank you very much for your contribution and support! We are incredibly pleased that our community is growing rapidly, while with the launch of the masternode, we are observing an even greater influx of participants. Currently, leasing coins to the masternode is fully available to all users, as well as receiving leasing interests accrued on the amount of your EDC deposit on wallet.blockchain.mn. We would like t ..read more

Within just three days of the operation of the first EDC Blockchain’s masternode, which holder is Ecrofund, over 800 million coins were leased to the fund by users. Congratulations to those users who were among the first to turn off their computers and to start earning on EDC mining based on the new LPoS algorithm. The transition to a new mining algorithm is an evolutionary and very important step in the development of the project. Ecrofund has proved its viability, consolidating a large stack of EDC coins within just one day, while its users have already started to receive the first dividend ..read more