BROADCASTS.com

b'What is Edgeware\\nEdgeware being developed by an entity called Commonwealth Labs\\nBuilt on Parity\\u2019s Substrate\\nGrandpa finality tool\\nOn-chain governance\\nScripting built in.\\nUsing Web Assembly (Wasm)\\n\\nBuilding on Substrate\\nPeople used to build their own web servers, now they use the cloud.\\nPeople used to build new chains, now they can use Substrate.\\nThis enables builders to focus on the area of their expertise.\\nOne month after development began a test net was operational\\nThree months the project was live.\\nEOS was too centralised\\nEthereum was not flexible enough\\n\\nWebAssembly\\nBeing able to use Rust or C++ is great\\nStill being experimented with\\n\\nThe Polkadot and Substrate ecosystem\\nFriendly and helpful community\\n20 projects underway\\n100 planned for the end of the year\\nPlatform still stabilizing\\nPeople are building now planning to switch to the security of the Polkadot chain.\\n\\nSecuring the edgeware chain\\nDelegated PoS aiming to move to Nominated PoS as Sybil resistance mechanism\\nGrandpa for finality\\nRound Robin leader selection\\nThe ultimate goal is to rely on the security of Polkadot\\n\\nThe problem of governance\\nIt\\u2019s a problem that has been pursued by humanity for all time\\nBlockchains increase social scalability\\nImproves legibility\\nEnables new organisations\\nThese new organisations need new governance systems\\nBlockchains are new so there is naturally experimentation and opportunity.\\nWant to further this human endeavour in the blockchain world\\n\\n\\nHow does edgeware actually do governance?\\nAllocate tokens using a \\u201cLock Drop\\u201d of ether.\\nOne token one vote.\\nVote can be allocated\\nFocusing on core changes to the network/protocol, allocation of on-chain treasury that is bootstrapped by the block reward.\\n\\nThe Lock Drop\\nInitial token distribution is the linchpin of effective network governance\\nRequire the belief in the economic value of the token\\nPrevious ways of doing this were an ICO or airdropping a token\\nThe Livepeer Merkle Mine was an interesting experiment\\nEdgeware hopes to get the same effect of distributing tokens to people who want to actively participate without the bloat of a Merkle Mine.\\nEther tokens are locked in a contract that prevents the tokens from moving for a period of 3, 6, or 12 months. The registry of locked tokens is used to initiate the Edgeware chain with additional tokens allocated to individuals who locked their tokens up for longer periods.\\n\\nInfrastructure on top of infrastructure\\nAre we locked in an infrastructure phase?'