Edgeware (blockchain)

Although the Lockdrop contract was audited and verified by third parties such as Quantstamp, a vulnerability was discovered after the lockdrop began that allowed for potential Denial-of-Service attacks to preemptively block participants from deploying their lockdrop contracts.Because this exploit did not affect anyone that had already locked up their ETH, a new contract was deployed with the bug patched and initial EDG distribution was calculated based on both contracts.

By the end of the lockdrop on September 1st, 2019, 1,199,728 ETH had been locked and 4,346,544 ETH had been signaled, and over 4000 EDG addresses registered. Relative to the total supply at the time (107,568,123 ETH), this equated to approximately 1.12% of total ETH in existence locked and 4.04% signaled. Notable participants include Binance, who signaled on behalf of users holding ETH in their accounts and intend to distribute EDG accordingly.

The original Edgeware main net launched on September 15th, 2019 at 00:00 UTC. Several issues were identified with initial EDG balances and validator slashing, prompting the relegation of the network to a test net and a relaunch. The new Edgeware main net launched on February 17th, 2020.