EDC Blockchain v1 [old]-related information

Issue Time

2000-01-01

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WikiBit Risk Alerts

Previous Detection 2024-12-21

WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!

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EDC Blockchain v1 [old] introduction

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EDC Blockchain, launched in 2015, is a global multi-currency platform that includes a built-in coin constructor . It operates on a hybrid LPoS mining algorithm and utilizes the Bitshares 2.0 Graphene protocol, which is designed to ensure network security and facilitate features like instant transaction confirmation and network voting . The EDC community is extensive, claiming over 1 million users across 57 countries, with a focused effort on the Southeast Asia, Latin American, and European markets . However, it's important to approach this cryptocurrency with caution due to numerous complaints and reports suggesting that it may have been involved in recruiting people through multi-level marketing (MLM) programs, raising concerns about its association with Ponzi schemes . As with any investment in cryptocurrency, it's crucial to be aware of the risks, including market volatility and regulatory compliance .

EDC Blockchain v1 [old] User Reviews

7 ratings

Participate in evaluation

Pp29114

"EDC Blockchain's adoption and developer activity is promising; while the user base grows steadily, it needs an active developer community for long-term success."

2024-01-28 16:15

Garbo

"EDC Blockchain's tokenomics are compelling - a healthy balance between inflation and deflation. While some may fret about volatility, they've struck the right equilibrium!"

2024-01-05 17:21

Mani Kumar Magar

"EDC Blockchain stands out for its high adoption rates and active developer community. An intriguing example of blockchain technology's real-world utility, this platform is gaining traction with its user-driven approach."

2023-12-23 21:24

xmj

"EDC Blockchain has potential to solve real-world problems. However, application practicality and market demand is still limited. Promising, but needs more proven use-cases."

2023-12-15 14:48

Hendryono

"EDC Blockchain has a team with an impressive reputation. Their transparency and historical achievements lend a sense of trust, but I'm on the fence about their overall experience in the field. More clarity would be appreciated."

2023-11-01 01:32

wu97211

"EDC Blockchain is making solid strides in its user base. The growing diversity and involvement of users is noticeably impressive and contributes positively to the overall adoption of this platform."

2023-11-08 08:52

Khajornrat Surakhot

1. "Team of seasoned experts unrivalled in their transparency and performance, making EDC Blockchain a trustable choice." 2. "Adoption is soaring with a highly active developer community and an impressive increasing user base." 3. "Unique in its technology! Scalable blockchain system with effective consensus mechanism." 4. "Potential to solve real-world problems is substantial, addressing market needs with practical applications." 5. "Token economics well-structured with balance between inflation and deflation, ensuring sustainability." 6. "A comparison with similar projects highlights EDC Blockchain's competitive edge." 7. "Exemplary security measures backed by trustworthy auditing reports and community trust." 8. "Highly engaged community participating actively, with commendable developer support." 9. "Given the current regulatory environment, EDC is poised for positive potential impact." 10. "Exemplary token distribution with superb liquidity, reflecting strong fundamentals apart from market hype."

2023-11-21 03:05