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What Edgeware Is and Why You Should Care
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I imagine many of you are sitting on some real losses out there today, December 14, 2018. So, if you haven’t sold, now you’re holding a bag of ether. You’re hoping that the Ethereum Foundation delivers. You’re willing to wait it out. We have a lot in common. That’s great. But what if things don’t play out the way we hope? How are you hedging your position?

Edgeware is offering an almost zero-cost opportunity for you to hedge your position in Ethereum. The Edgeware token distribution model is termed “lock-drop.” You lock your ether in a smart contract, and Edge tokens are distributed to you proportional to the quantity of ether locked, and the length of time they are locked for. About 90% of the tokens will be distributed in this manner, with the balance going to Commonwealth Labs and Parity. If you are planning to hodl your ether for the next year anyway, you only stand to gain by participating.

Edgeware is built on top of Substrate. Substrate is a blockchain framework which grew out of the development of Polkadot. Substrate takes care of all the networking and consensus aspects of building a block chain project, allowing the developers to focus on what the block chain actually does (the state machine). Because Edgeware is built using Substrate, it will be a simple matter to deploy it parallelized (ie. Scaled) using Polkadot when it becomes available.

Edgeware is intended to be used as a test net for on-chain governance. The goal is recursive self improvement. Edgware supports Ethereum (eWASM) smart contracts, and integrates advanced and experimental features like proof-of-stake, sharding, on-chain identity, and cryptographic primitives for on-chain voting. Edgeware is intended to be compatible with Ethereum’s tooling and code, and allow execution of smart contracts with higher throughput and lower fees.

This is a cutting edge field. Bleeding edge. Edgeware is offering you an opportunity to be involved in an experiment in on-chain governance for the simple time-cost of having your ether locked. If you want to realize the big gains, which likely drew you to crypto in the first place, you’ve got to stick out your neck and take the risks that others aren’t willing or able to take. Chasing last years winners isn’t necessarily going to get it.

For more information visit: https://Edgewa.re

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5 years ago