THE BLOCKCHAIN TECHNOLOGY
Plenty of startups ar currently victimisation blockchain for everything, from music sharing to world payments, from observance diamond sales to the legalized marijuana trade. this is often why the technology features a Brobdingnagian potential. once it involves digital transactions and assets, you'll place something on the blockchain.
Blockchain is essentially a distributed information that keeps shared records. These records ar blocks, and each block of encrypted code features a record of the block history before it. every block includes time-stamped data on the transactions created right down to the second. The impact could be a chain of these blocks to induce them together; therefore, its name.
A blockchain has 2 major components: AN changeless ledger that the network keeps, and a suburbanized network substantiative and facilitating transactions. everybody with access to the network may see this shared group action information, however there's no chance that the records will be corrupted or hacked. This suburbanized trust means that there's nobody organization that controls the information, be it a school large or a giant financial organisation.
THE CHALLENGES OF BLOCKCHAIN
Blockchain technology has the potential to revolutionize the globe identical means the net did- perhaps even higher. Already, it’s proving its capabilities in areas like finance, identity management, governance, quality management and plenty of a lot of. Blockchain network options such as; transparency, unchangingness, security, cost-effectiveness, and trustlessness can forever modification the means establishments and people operate.
Nonetheless, most real-world businesses are slow to adopt this technology attributable to 2 major challenges presently related to it.
- property
In a standard crypto world, every Blockchain has got to produce an entire system with its users, native currency and DApps. This has resulted in Blockchains operational in silos, that makes it tough for the networks to speak with one another. And while not property, direct transfer of assets between Blockchains is so associate uphill task.
As you'll be able to justly guess, this lack of ability may be a huge hindrance to the mass adoption of Blockchain technology.
- quantifiability
Leading Blockchain networks like Ethereum and Bitcoin have hassle supporting huge transactions on their network. Network congestion here usually results to slow transactions and a rise in transactions fees.
Therefore any rising Blockchain network hoping to host users at a world capability and meet the sensible wants of companies has got to increase its blocktimes hugely.
ELISIA: THE REVOLUTION OF BLOCKCHAIN
Elisia may be a revolutionary network of blockchains that intends to resolve the problems and make a superior blockchain that is scalable , lightning speed with no fee transactions, and permitting potential users to develop localised Applications (DAPPS). this can be achieved with a accord mechanism that's supported the Delegated Proof of Stake (DPoS) chains with different sidechains comprising of various algorithms like proof of stake (POS), proof of labor (POW) and delegated proof of stake (DPOS) etc. Elisia eliminates the mistakes of its predecessors, resolution the issues of measurability and increasing transactions per second, further as transferral blockchain technology nearer to mass adoption.
Elisia aims to supply a easy platform to extend user adoption of blockchain technology as an entire. Elisia platform engineered on high of a extremely secure blockchain, desegregation the mixture of various technologies. At Elisia, all crucial integration of blockchain technology service is ever on their fingertips. Elisia's team of consultants works day and night to supply its shoppers a period of time free flowing blockchain technology mistreatment the simplest localised tools accessible.
Elisia is scalable enough to sustain active operation of thousands of commercial grade DApps at an equivalent time, whereas the military-grade security of the Elisia Platform ensures the soundness of the network. what is more, every dealings inside the Elisia Platform, is freed from value. There aren't any hidden charges concerned. The transactions promptly hit the specified destination at a fast speed.
Token Information
- Token : ELSA
- Price : 1 ELSA = 0.0001 ETH
- Bonus : Available
- Bounty : Available
- Platform : Ethereum
- Accepting : ETH
- Minimum investment : 0.1 ETH
- Soft cap : 5000 ETH
- Hard cap : 50000 ETH
- Country : Australia
- Whitelist/KYC : KYC & Whitelist
- Restricted areas : China, Bangladesh, Nepal, Macedonia, Ecuador, Pakistan, Algeria, Morocco.
For more information you can visit this link :
🌐 Website - https://elisia.io/
⬜️ Whitepaper - https://elisia.io/white-paper.pdf
💬 Twitter - https://twitter.com/Elisiaio
👥 Facebook - https://www.facebook.com/elisiaio/
🗣 Telegram - https://t.me/elisiaio
👀 ANN - https://bitcointalk.org/index.php?topic=5066777.0
📘 Reddit - https://reddit.com/r/elisia
About author
Bitcointalk Username : keneuku23
Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1718167
Mew : 0x6778c62361fb4083BFD6456da7eC798b55557A89