Edel (EDEL)

Innovative Solutions Based on Blockchain Technology

Review Score
ICO Price
0.0335 USD
Pre ICO Price
Soft Cap
Hard Cap
Pre ICO Start Date
6 June 2019
Pre ICO End Date
12 June 2019
Start Date
End Date

What is Edel?

An additional function has been added to EDEL blockchains to improve on issues found in previous blockchain models.

POW (Proof of Work) methods used in previous blockchain models lead to excessive mining competition and energy consumption, and while POS (Proof of Stake) methods introduced as its alternative does not require mining, it faces difficulty in inflowing and increasing new users.

To correct these issues, EDEL blockchains utilize a new mining method referred to as Carbon Reduction Mining (CRM) and a respective reward system called PCR. CRM conserves, rather than consumes, energy. Proof of Carbon Reduction (PCR) is a system that rewards users for conserving energy using CRM, proportionally incentivizing efforts of reducingcarbon emissions by quantifying reduced energy and carbon emissions.

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