What is LayerEdge (EDGEN)?

Deep Dive

1. Purpose & Value Proposition

LayerEdge aims to decentralize trust by enabling users to validate cryptographic proofs via lightweight nodes (browser extensions or desktop apps). This "people-backed" approach reduces reliance on centralized validators and anchors security to Bitcoin through aggregated ZKPs. The network has processed 1B+ verification operations on testnet, targeting a 99% cost reduction for Bitcoin-level security (LayerEdge Roadmap).

2. Technology & Architecture

• edgenOS: The core system routes verification tasks to nodes based on device capabilities (e.g., browsers handle real-time tasks, CLI nodes manage larger batches).
• Modular Proofs: Breaks verification into smaller, independently verifiable units to enable parallel processing and reduce dispute complexity.
• Cross-Chain Anchoring: Final proof batches are secured on Bitcoin and other L1s, inheriting their security (edgenOS Explanation).

3. Tokenomics & Governance

• Utility: EDGEN is used for paying verification fees, staking rewards, and protocol governance.
• Supply: 1B total tokens, with 46% allocated to community incentives (airdrops, staking) and strict vesting for core contributors (22%) and early backers (5%).
• Staking: Offers tiered APY (20–50%) for securing the network, with audits by CertiK and Sherlock (Tokenomics Guide).

Conclusion

LayerEdge reimagines blockchain verification by distributing trust across users’ devices and anchoring it to Bitcoin. Its EDGEN token aligns incentives between participants, validators, and the ecosystem. As edgenOS scales, can LayerEdge maintain decentralization while handling cross-chain proof volumes?