More than a decade since the birth of the smart contract the advent and development of blockchain technology have made it applicable and more efficient in realistic uses. Now Edgeware is taking smart contract technology to the next level.
Ethereum laid the basic foundations for the establishment of smart contracts on the Blockchain. The smart contract became popular with Ethereum has given people globally the ability to create complex smart contracts to handle a variety of applications.
Smart contract projects and tokens within the Polkadot system are of great interest to crypto enthusiasts. Edgeware (EDG) is one of the most promising new projects to hit the markets in a long time, and it is leveraging some of the most powerful new technology to make an impact on the crypto markets.
What is Edgeware?
Developed by Commonwealth Labs – a San Francisco-based token management company Edgeware is a high-performance, peer-to-peer smart contract platform within the Polkadot ecosystem.
The core technology behind the blockchain is a combination of Proof-of-Stake consensus protocol, on-chain identity, governance interface, and various outstanding technologies.
Polkadot is known as a network of chains (parachains) with the ability to expand and interoperability characteristics.
Each group of parachains takes control over financial, resource aspects. Edgeware will offer the most efficient and simplest way to deploy smart contracts within the Polkadot system.
The project aims to drive more adoption in the community, with 90% of Edgeware’s tokens being issued to all crypto investors through the method of “Lockdrop”. It is understandable that this method is to stake ETH to create EDG coins.
A New Way to Create Connections
As a premier project that has been built and developed on the Polkadot network, Edgeware provides a leveraged infrastructure with the goal of supporting other Blockchain systems to operate in the most efficient and secure environment, creating the basis for…