Eden EDN to Loopring [NEO] LRN Exchange

Crypto Pair Details: EDN to LRN

Eden EDN

A Next Generation Blockchain for a Programmable Economy Platform : The Engine Behind the Most Dynamic Enterprise Infrastructure EdenChain is a blockchain technology designed specifically with enterprises in mind. It is a fast, secure and reliable third generation blockchain platform that allows all tangible and intangible values to be capitalized through smart contracts, enabling people to freely trade through the internet without intermediaries There exist a plethora of tradable asset classes in the world, such as stocks, bonds, real estate and commodities amongst money others. Individuals buy and sell these assets for various financial and non-financial purposes. As technology continues to develop, more unique asset classes have begun to emerge, such as copyrights, insurance policies, and derivatives, which all contain tradeable value when certain conditions are met. With EdenChain, existing assets can be replaced with blockchain-based tokens and their ownership can be registered; the necessary conditions can be specified through smart contracts according to the characteristics of the asset.

Loopring [NEO] LRN

Loopring is an open protocol for building decentralized exchanges. Loopring has quickly gained visibility as one of the decentralized exchange options that’s making progress on trading across multiple blockchains. Loopring’s solution utilizes ring transactions and order matching to facilitate asset exchanges. Essentially, it aggregates the order books of other exchanges. This allows any exchange, decentralized or centralized, to utilize Loopring’s protocol to match orders. Part of providing an open protocol is remaining blockchain agnostic. Hence, the first Loopring token (LRC) was launched on Ethereum, but it also plans to launch Loopring NEO (LRN) and Loopring QTUM (LRQ). The plans to launch Loopring NEO are coming along. The distribution of the new tokens, LRN, has already begun. Essentially, the token distribution involves two phases: an investor sale and an airdrop. This guide will look at both phases, how to buy LRN, and what to expect from Loopring NEO. The big selling point of Loopring’s exchange solution is you never have to deposit funds to Loopring. With most exchanges, even other decentralized exchanges, you still have to transfer funds to their wallets. On Loopring, you can keep your funds in your own private wallet when trading. Of course, that creates a challenge for Loopring because the exchange no longer controls the wallet and that means smart contracts need to do the work of verifying that transactions are legitimate and confirmed. When a trade occurs, it happens user to user, with no middleman. Loopring finds the match and coordinates the terms of the trade, but it never controls the assets. Loopring is one of the first projects to attempt launching across multiple blockchain ecosystems. This experiment is interesting and exciting. It also has the potential to be lucrative if Loopring continues to increase in value.

SOURCE: COINGECKO

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