BEIJING, Feb. 21, 2017 /PRNewswire/ --On the background    of anever-increasing number of electronic financial    systemswhich are emerging every day on the network, the    appearance of a new environmentally friendly cryptocurrency can    not pass unnoticed. "How can users get mining percentage    without special equipment, without having to spend huge amounts    of money to pay for the electricity bills? Why is there so    little truly interesting and important projects in the world?    How to play on the exchange and currency markets, and what is    the mission of E-Dinar Coin cryptocurrency," asked    CoinMarketCap.  
    CoinMarketCap:E-Dinar Coin has    positioned itself as the world's first eco-friendly    decentralized cryptocurrency. How can its mining be possible    without energy consumption?  
    Insider My:E-Dinar Coin mining    doesn't require a huge amount of energy compared with other    cryptocurrencies such as Bitcoin. For participation in holding    the overall transactions in the system and ongoing transfers,    people can get mining bonus in the amount of up to 0.65% per    day. It is a reward for their participation in the development    of the system, as by making internal transactions among other    participants in the E-Dinar Coin system, every user contributes    to the overall development of our increasing network of    distributed transactions and at the same time, their income.  
    Mining of E-Dinar Coin cryptocurrency is performed without    special equipment, with no electricity costs, whilst our    cryptocurrency miners are, first of all, people who are willing    to change the world for the better.  
    CoinMarketCap:You're talking about a    global purpose - the desire to change the world ... Can you    describe the mission of the E-Dinar Coin project?  
    Insider My: Our mission IS to    change the world for the better.  
    Now our main task is to ensure that E-Dinar Coin is known by    more people around the world. And it is important that users,    by offering products and services, would explain as well what    is the Federal Reserve System, how unfairly it operates and why    binding to gold is abolished; why barter was banned; why the    Dulles Plan - the American post-war doctrine against the USSR -    did work; why large transactions can be conducted mostly in    dollars and only with the use of SWIFT (Worldwide Interbank    Financial Telecommunication channels); why no any other    currency is quoted for such calculations. We need to explain    this people to give them a possibility to get answers to those    questions!  
    Here, as always, everything depends on the people who choose    the time and object of the development. After all, there was a    time somebody was engaged in popularization of the US dollar    and its world domination. And it worked! It still depends on    the willingness - of what we want after all. To do good and to    be engaged in charity or just pretend to do all these things?    Today the whole world will turn to charity! If people    consolidated their efforts we would have been able to solve all    ecological problems and humanity could travel through space,    rather than sit in one-bedroom apartments and pay for gas and    light! There is always need in people-actions! Those who will    act rather than talk. This is exactly what E-Dinar Coin is    into. It acts.  
    CoinMarketCap:Tell us about your    team: what was preceded to E-dinar Coin launching? Did you work    on other known projects in the area of cryptocurrency?  
    Insider My: In launching of    E-Dinar Coin there were involved a lot of highly intelligent    and talented people. We are not exaggerating when we    saythat E-Dinar Coin was created by the best specialists    of Blockchain world and the world of online games, the best    financiers and employees of the banking sector, employees and    managers of p2p exchanges, major companies of different sectors    of the economy, with vast experience in business, European and    US financial analysts, programmers from China ... Those are    people who worked on the creation of websites like Alibaba,    former employees of corporations such as Google.  
    They not only helped with the launching of the project, but    also they are involved in the development of updates and    generation of improvements to the current system, because we    will always strive to make the E-Dinar Coin service even more    user-friendly!  
    Read    More  
      CoinMarketCap:The most popular cryptocurrencies have      their own source code in their public domain. Does it allow      any user to check the integrity of the code, as well as help      developers in identifying shortcomings. Why did you decide to      keep your source code in secret?    
      Insider My: Information about      the source code is available for programmers who are      interested in the development and connection of      cryptocurrencies to their applications, stores and exchange      markets, with which we have been working since E-Dinar Coin      has been launched and with whom planning a long-term      cooperation. Our product is unique. Partially, we used the      accumulated experience of other projects, but ultimately      created a completely new project, combining together all the      best peculiarities of blockchain used at various projects and      platforms.    
      We occupied the niche which no one claimed before. And we do      not open the code simply because now we do not want it to be      used universally.    
      CoinMarketCap:Speaking about      E-Dinar Coin putting together the best features of the      various projects, for example, the presence of referral      program in the project? Why are you putting so much attention      to it in your marketing plan? How often people skeptically      talk about multi-level marketing in the field of      cryptocurrency?    
      Insider My:We consider      E-Dinar Coin, in some way, as a game, based on the principles      of blockchain technology. Players here can stay in their      locations or open new levels, "pumping" their accounts. In      general, there are 7 levels in the system (three levels - in      China)    
      We believe that the true value is only determined by the      involvement of its members in the cryptocurrency project:      when people are engaged in mining, developing it and      attracting new users, then the cryptocurrency value      increases.    
      In most projects, the final participant is suspended from the      most important - the management process. For example,      weuse a certain currency and attract my friends to use      it. Does in change something for us? Do weget an extra      income? No! This is happening because the process manages a      certain company, like the ones that we mentionedabove.      In E-Dinar Coin there are no corporations, our greatest asset      is the people! And participants in the project are aware of      that, in fact, it determines the rapid development of E-Dinar      Coin, as we are all united by one goal, one purpose.    
      CoinMarketCap:Tell us more about DPOs algorithm. What are      its advantages over the PoS or PoW?    
      Insider My:DPoS mining      algorithm was chosen in purpose. It is based on the need to      prove the storage of a certain amount of funds in the      account. Using this method, the cryptocurrency algorithm      allocates new units in proportion to the current balance on      the wallet. Thus, the obtained coins are allocated to the      wallets of members who are the most loyal to the      cryptocurrency. It means that each account holder can      partially control the production of coins. It makes all      members equally responsible for the most important processes,      such as the reduction or growth rate, an increase of      production or an increase of popularity! Anyone who keeps      their assets in EDC is the owner of a new distributed system      based on blockchain technology.    
      Bitcoin uses a PoW. Bitcoin mining is based on spending huge      amounts of electricity, which is bad for the environment.      Mining is not available to ordinary citizens, because they      simply do not have such powerful computers. And it makes us      much more interesting and accessible to ordinary citizens -      EDC can be mined by using just a regular smartphone.    
      CoinMarketCap:On      the official website you say that one of the objectives of      the project is to combat air and water pollution by means of      investment in urban projects, which is very noble and      important. Can you give a few examples of such projects? What      results have you achieved in this direction at the      moment?    
      Insider My: E-Dinar Coin does      not waste energy on mining, on the contrary, the system      provides cryptocurrency to stimulate the production of clean      energy.    
      We have already signed a preliminary agreement on cooperation      with OneraSystems, renowned developer of solar power in      Egypt, which provides implementation of the project of      installing solar power with capacity of 50 MWp (megawatt /      peak) to provide E-Dinar Coin with solar energy, as well as      in order to continue the further development of the system.    
      At the moment, we are also discussing about our co-operation      project with the Wildlife Fund (WWF). However, we      willtell you later about our joint projects and the      solutions, which we plan to achieve.    
      CoinMarketCap:You recently announced plans to expand the      EDC users community to one billion of people and it is not an      easy goal.    
      Insider My: There are      registered more than half a million users in the project      right now! The system of E-Dinar Coin is constructed in such      a way that it allows us to increase the number of users to      one billion and provide them with the necessary amount of      coins.    
      Nowadays, in the world there are only three currencies, which      can provide a billion of dollars, a billion of euros and a      billion of EDC. All these currencies are transportable, but      imagine how will you transport one million dollars or a      million euros? Shipping in an aircraft or submarine? How can      you ensure the safety of such loads? To date, the world's      only fastest and most reliable way to conduct transactions is      cryptocurrency. The user can deposit and withdraw money in      any country due to the decentralized system.    
      CoinMarketCap:Analyzing the chart of the EDC rate, you      can trace the period of active growth at the end of August      and beginning of September, after that there is a lull in the      growth of prices. How can you explain this break? Do you work      together with the community over the resumption of the      growing trend?    
      Insider My: It's not a correct      question, because E-Dinar Coin is growing daily, so there is      no need to work towards the resumption of growth.    
      Just think of these figures: now more than 500,000 people are      registered in the system, while the number of transactions      per day amounts to over 150,000, as well the daily number of      users increased to 8,000-15,000 people! For comparison,      12,000,000 users are registered at the most popular      Blockchain platform, and the number of their transactions      amounts to 200,000 per day. This comparison shows the      dynamics of our cryptocurrency, so we do not understand what      the trend we need to renew?    
      Media Contact:    
      KateTang      Phone: 646.389.5435      Email: contact@shoo-in.com    
      Related Video    
      http://www.youtube.com/watch?v=L2ClCGpXM8M    
      This content was issued through the press release      distribution service at Newswire.com. For more info visit:      http://www.newswire.com.    
      To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cryptocurrency-of-the-future---e-dinar-coin-300409992.html    
More:
Cryptocurrency of the Future - E-Dinar Coin - Yahoo Finance