Why Ethereum Network?
The AIDUS Decentralized Fund Platform is a decentralized fund market established upon the Ethereum network. But why Ethereum? Let’s figure it out!
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
These apps run on a custom built blockchain, an extremly powerful shared global infrastructure that can move value around and represent the ownership of property.
It lets developers create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) all without a middleman or counterparty risk.
▶The Ethereum is the first-ever Blockchain network to allow SMART contracts. At the same time The ADFP decentralized fund market requires SMART Contract in order to perform complex fund transactions.
The Blockchain ledger should be able to handle more complex transactions than simply sending and receiving values but rather it should enable entering of data, transmitting state values and performing complex requests and calls.
▶The Ethereum network guarantees the most suitable environment for the ADFP, since this platform use the ERC-20 token (AIDUS Coin) that can be further expanded in the Blockchain.
The work of ADFP in the Ethereum network that will help to open the potential for ADFP development for more diverse applications.
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