Complete comprehensive guide in the form of Q&A’s that includes all current use-cases of EDG and how they play a role in the Edgeware network.
What are coins/tokens?
EDG is a token. The term coin generally refers to any cryptocurrency that has its own separate, standalone blockchain. The term token or digital tokens can refer to any cryptocurrency that is built on top of an existing blockchain. In Edgeware’s case the argument could be made either way but the community refers to the units of blockchain value on Edgeware as ‘EDG tokens’. Specifically native tokens that are not to be confused with dapp or ‘decentralized application’ tokens. Cryptographic tokens, or ‘tokens’ for short, are programmable digital units of value that are recorded on a distributed ledger protocol such…
Covering the differences and advantages for both when writing smart contracts, as well as an in-depth explanation to ink! and how it stands out.
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What is a Smart Contract?
Smart contracts are self-executing, automated applications that run on a decentralized network such as a blockchain like Edgeware. A smart contract is an agreement between two people in the form of computer code. They run on the blockchain, so they are stored on a public database and cannot be…
How Edgeware aims to be a pioneer network in developing effective on-chain governance, and how it stands out within its competition.
What is on-chain governance?
On-chain governance is a system for managing and implementing changes to cryptocurrency blockchains. In this type of governance, rules for instituting changes are encoded into the blockchain protocol. Typically, developers propose changes through code updates and each node votes on whether to accept or reject the proposed change. On-chain governance allows decisions to be made in a transparent manner. There are a variety of different algorithms for making these decisions and these can differ significantly according to how and…
The explanation behind why a self-improving smart contract blockchain will have the potential to bring about huge change within the Polkadot network
Overview of Polkadot and Parachains
The Polkadot network is comprised of a relay chain and many soon to be parachains that will occupy parachain slots that are attached to this relay chain. The benefit of the Polkadot network is that it will solve the interoperability issue within blockchains in that it will allow the seamless transfer of heterogeneous data from one blockchain to the next by leveraging the relay chain to act as sort of a highway in sending information from one parachain…
After the riots that occurred on Capitol Hill, the aftershock that occurred as as result of that was spread through social media like wildfire. Across Twitter, Facebook and Instagram, people from the left combatting those of the right on who is right and who is wrong and the fire being fueled by Donald Trump which in the days prior made very clear his intentions of what he wanted from his supporters and how he urged them to march up to the capitol to protest the official counting of the electoral vote in congress to certify the president-elect Joe Biden. …
Cameron Nazarko
Developer Advocate helping grow Edgeware. I talk about all things related to Edgeware, Polkadot and Blockchain. Also cover emerging topics within tech/politics.
