The world has moved through different generations of computing system. In the earlier generations of computers vacuum tubes, tapes and microcircuits were used for powering computing actions and calculations on computers. Computers in these generations were prone to overheating, sluggishness in carrying out calculations and bulkiness. Advancement in technology over the years has seen the creation of more diminutive systems which can carry out calculations and operations in split seconds. The usage of computers has grown tremendously in recent times, computers are no longer just use for simple arithmetic operations, education, luxury, census and minor research and developments. The modern day home/personal computers cannot carry out advanced calculations and in order to carry out advanced research calculations in the field of artificial intelligence, climate change simulation,protein modelling ,astronomy ,hydrology and geology , cryptography and blockchain network, researchers are often plagued with the need to make use of either supercomputers or cloud computing platform which are both notable for their exorbitant cost of operation and difficulty in maneuvering respectively. The need for a data center with maximal computing power and functionality to solve these issues becomes impertinent and a necessity for the world to continue to experience technological advancement.

Introducing Kelta

Kelta is a multifunctional data center offering a solution to issues of computing power in a simple, user-friendly interface in order to aid scientific researchers, scholars, and cryptocurrency miners by providing industrial-grade computing capabilities at affordable rates which will eradicate the use of common CPU and GPU based systems. Kelta is a member of the AGEM data family and already has a state of the art 2700 square-meter facility in Slovakia. The data center facility in Slovakia has features to sort out issues related to electric power, cooling, and access to high bandwidth connection to the internet. The Slovakian region is known for its cool climate and the cost of electricity is also manageable compared to other parts of the world.

Key Features of the Kelta Platform

1. The kelta facility runs on a liquid immersion Cooling system which reduces the requirements for electric energy for the cooling of IT components because of the absence of fans in the cooling process.The use of this system cuts down the cost of computing greatly and makes the use of the Kelta platform profitable for both miners and researchers due to the high level of calculations associated with their activities.

2. The Kelta platform is developing an app which will grant users of the platform an easy interface to access the data center and it's computing power. The app will grant holders of the KLT token access to operations such as scientific research, network mining and token rental. It will also give holders of  KLT access to their tokens and grant them room to pick tokens they wish to mine from a preliminary list consisting of Ethereum (ETH), Ethereum Classic (ETC), Monero (XMR), Zcash (ZEC), and Pascalcoin (PASC).

3. The Kelta platform provides a highly effective alternative to cryptocurrency mining which rewards miners with a 6-8% on a monthly basis. The kelta platform also guarantees it's users reduced fee compared to its competitors in the cloud computing industry. 

4. The Kelta platform utilizes the ethereum blockchain for the issuance of its native token (KLT). The ethereum blockchain aids transparency , a unified token supply with a maximal limit and a secured contract management which makes it ideal for the Kelta project.

5.The Kelta Token(KLT)  represents one watt of data center capacity which can be used to perform scientific research or computation on the platform through the Kelta Mobile or web application. The kelta tokens do not represent a stake in the kelta platform rather it only serves as access to data capacity which can be purchased for the sole need of computation KLT owners can also decide to rent out their tokens and the corresponding computing power to other platform users for a reward of 6% rental reward per year in a process organized and supervised by the kelta platform.

KLT Allocation and Token Sale Details

KLT has a maximum supply of 12.5million and the KLT team led by George Mac has put up 10million KLT for sale in order to achieve wild spread distribution of the token, purchase of hardware for the data center, employment of qualified personnel to install and maintain the new equipment, research and development and software development.The token sale has a soft cap set at 2,000,000 KLT tokens and the hard cap is 10,000,000 tokens.As at the time of this publication, the pre-sale is over and the token sale has already exceeded its soft cap with the main sale set to end in 10 hours from now.

Conclusion

The Kelta project seeks to solve one of the major issues hampering technological advancements. High computing power is needed in operations which normal personal computers cannot carry out such as cryptocurrency mining and advance technological research. The Kelta data center is a perfect fit to solve this issue and give researchers and miners are cheap, efficient and long-lasting solution to their need for computing power via the KLT token. The KLT token will definitely be in high demand in the nearest future.

For more information on the Kelta Project check out the following channels 

Website: https://kelta.com

Whitepaper: https://kelta.com/preview-file/1802-kelta-white-paper.pdf

Twitter: https://twitter.com/KELTAcom

Telegram: https://t.me/joinchat/GbiywRFFNgDPFBKF-vbhYQ

Kelta BTT Bounty Thread: https://bitcointalk.org/index.php?topic=2899199.0

Courtesy

BTT name: Mrsparks

BTT profile link : https://bitcointalk.org/index.php?action=profile;u=1197564;sa=summary

Telegram username: Rudeboy2294