Edge (Cryptocurrency)
Edge is a cryptocurrency platform that provides users with easy access to digital assets. It was created in 2014 as an open source project and released under the MIT license. The main goal of Edge is to provide privacy, scalability and speed for its users. With this system, transactions are secured using advanced cryptographic algorithms and can be done quickly without compromising security or user data.
The Edge wallet has been designed from the ground up with features such as hierarchical deterministic wallets which allow users to generate multiple accounts on same device and seed phrases which act as backups so that coins can be recovered if lost or stolen devices occur. Additionally, it supports multi-sig authentication where more than one person must sign off before sending funds out of the account – adding an extra layer of security when dealing with larger amounts of money online.
In addition to providing support for major cryptocurrencies like Bitcoin, Ethereum & Litecoin; it also allows other ERC20 tokens & altcoins based on various blockchains such as NEO & Monero through its ShapeShift integration feature – making it possible for people all over the world to trade between different currencies safely within seconds without having to go through lengthy processes involving exchanges or third parties .
Moreover , End-to-end encryption ensures secure communication between peers while allowing anonymity thanks to zero knowledge proofs protocols used by IPFS networks . This makes sure there’s no risk associated with sharing sensitive information over public channels since everything sent across nodes remains encrypted until received at destination node only then decrypted by intended recipient . Finally , edge Network enables smart contracts execution securely via integrated JavaScript engine enabling developers build full stack decentralized applications running directly onto blockchain network itself saving time cost resources related their deployment elsewhere ethereum etcetera .
