News

EdenChain (EDN) will deliver the proposal for masternodes by mid-October

EdenChain (EDN) is positioned as blockchain platform of the third generation, aimed at creating a programmable economy. With this platform, it becomes possible to capitalize material / non-material values and trade them in blockchain.

On September 16, EDN tokens were unlocked, and the community is now waiting for the official listing of EdenChain.

On September 13, the EdenChain team announced the Edenchain testnet would be launched on September 21.

“We’re excited to announce that testnet development had been much faster than expected through our dedicated and talented developers. As a result, we have completed the testnet ahead of our original roadmap schedule by one quarter!”, – wrote the team.

Yesterday, James Ahn, CEO Edenchain wrote a letter to the community in the Medium blog in which he described further plans of Edenchain.

According to the letter, after testnet launch Edenchain will post a public repository of its Github for the community to gain access to several APIs and resources that would be needed for them to use the testnet. However, parts of Edenchain will remain in its private repository as the project is not an open source for security reasons.

The letter also reads that the Edenchain team will be working intensely to develop use-cases and dApps that will drive real demand for Eden Coin.

Additionally, James Ahn wrote that the team would be able to deliver the proposal for masternodes by mid-October 2018. The proposal will include details on how the community can participate, expected yield from operating a masternode, and how the EDN team will reward early supporters of Edenchain through exclusive masternodes with enhanced yields.

“We look forward to hearing feedback from the community about how the masternode structure can be improved upon”, – wrote CEO EdenChain.