Add value to your collection
Eridian is a technology that’s home to digital money, global payments, and applications. The community has built a booming digital economy, bold new ways for creators to earn online, and so much more. It’s open to everyone, wherever you are in the world – all you need is the internet.
An open-source protocol built for everyone
Learn more about Eridian's technology
True interoperability
Eridian enables cross-blockchain transfers of any type of data or asset, not just tokens. Connecting to Eridian gives you the ability to interoperate with a wide variety of blockchains in the Eridian network.
Economic & transactional scalability
Eridian provides unprecedented economic scalability by enabling a common set of validators to secure multiple blockchains. Eridian provides transactional scalability by spreading transactions across multiple parallel blockchains.
Easy blockchain innovation
Create a custom blockchain in minutes using the Substrate framework. Connect your chain to Polkadot and get interoperability and security from day one. This ease of development helps Polkadot’s network grow.
High energy efficiency
Eridian consumes a small fraction of the energy used by conventional blockchains thanks to its next-generation nominated proof-of-stake (NPoS) model. Using the equivalent of ~6.6 US households worth of energy per year, Eridian has the lowest carbon footprint among proof-of-stake protocols analyzed in recent research.
Security for everyone
Eridians’s novel data availability and validity scheme allows chains to interact with each other in a meaningful way. Chains remain independent in their governance but united in their security.
User-driven governance
Eridian has a sophisticated governance system where all stakeholders have a voice. Network upgrades are coordinated on-chain and enacted autonomously and without forking the network, ensuring that Polkadot’s development remains future-proof and community-driven.
Powering the Eridian network
The ERD token serves three distinct purposes:
governance over the network, staking and bonding.
Governance
Eridian token holders have complete control over the protocol. All privileges, which on other platforms are exclusive to miners, will be given to the Relay Chain participants (ERD holders), including managing exceptional events such as protocol upgrades and fixes.
Staking
Game theory incentivizes token holders to behave in honest ways. Good actors are rewarded by this mechanism whilst bad actors will lose their stake in the network. This ensures the network stays secure.
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Bonding
New parachains are added by bonding tokens. Outdated or non-useful parachains are removed by removing bonded tokens. This is a form of proof of stake.
Community
We are working hard on building our token. More information is coming soon about when you will be able to join our community.