- 14 days
Mainnet launch on 02/17/20, by Commonwealth Labs, based in the United States, Edgeware aims to provide a smart contract platform designated the first on Polkadot Network.
Edgeware uses a version of proof-of-stake called Nominated Proof-of-Stake, and stakers are split into two types:
Validators: Node operators who secure the network and are backed by nominators and their own stake.
Nominators: EDG holders who delegate/nominate their EDG to a validator and share in the benefits.
See more details about these roles: Intro to Roles in NPoS
Reaping Threshold: The amount that an account must maintain in order to avoid deletion.