Have you known a digitalized way that can lefger validation and certification? This is about it. Lite Eco Ledger Element is a blockchain project of allcoin trader community of Indonesia for make and develop tools trading and features for telegram user technology with technology of blockchain who can do certification, validation and signature digitally. LELE use blockchain because blockchain can be applied as the most advanced recording and archiving technology. LELE develop with ARDR source code. LELE coin created by using combination of SHA256 and Curve 22519 which created with own blockchain. Lelecoin created with POS system, really sure that the coin will develop quickly with the help of facility of ARDOR platform. With your connect in LELE can give more inspiring for LELE as Dev team for can be better develop blockchain features in LELE. The fund that was recived when ICO will use by the team for develop the technologi and complete the features for make it easy to use for people. LELE entered Aindrop for owner IGNIS coin, by comparison 1 LELE for 10 IGNIS.
LELEcoin With Blockchain Technology
LELE or Lite Eco Ledger Element is a blockchain project of allcoin trader community of Indonesia for make and develop tools trading and features for telegram user technology with technology of blockchain who can do certification, validation and signature digitally. LELE use blockchain because blockchain can be applied as the most advanced recording and archiving technology. LELE develop with ARDR source code. LELE coin created by using combination of SHA256 and Curve 22519 which created with own blockchain. Lelecoin created with POS system, really sure that the coin will develop quickly with the help of facility of ARDOR platform. With your connect in LELE can give more inspiring for LELE as Dev team for can be better develop blockchain features in LELE. The fund that was recived when ICO will use by the team for develop the technologi and complete the features for make it easy to use for people. LELE entered Aindrop for owner IGNIS coin, by comparison 1 LELE for 10 IGNIS.
PoS And Trasparent Forging
PoS or Proff Of Work aims to replace the way of achieving consensus in a distribute system , instead of sloving the Proof Of Work ( PoW), transaction can be added to blockchian or ‘forged’ by any member of the network. PoS doesn’t like many coin on PoW, Where there are thousand of miners around the work crunching away at the hashes and gobbling up TONS of power. With PoS, all LELE that will ever exist already exists, so client wallet now the forge for transaction fees.
The Token
Token
LELE
PreICO Price
1 LELE = 0.07 USD
Price
1 LELE = 0.00002 BTC
Bonus
Available
Accepting
BTC, ETH, LTC, BTS, DOGE, DASH, NXT, STR, NEM, XRP
Minimum investment
100 LELE
Hard cap
1,000,000 USD
The Key Fetures
Green Concept
LELE is “green” it’s protocol in power consumption, since 100% PoS mechanisms don’t require massive amounts of electricity power like POW mechanisms do. Many coins is based on Proof of Work where there are thousands of miners around the world crunching away at hashes and gobbling up TONS of power. Proof of Stake doesn’t like that, so it’s important to realize that sometime at anytime any POW coins will exist when all of it is mined, all LELE that will ever exist already exists, so client wallets now forge (in LELE the term ‘mining’ is replaced with ‘forging’) for transaction fees. Since this can be done on a client wallet loaded on a PC/PI/HP, it is MUCH more environmentally friendly and power efficient.
Scalable
LELE can scale high; this is possible with LELE because the transparency provided in the protocol will allow each user’s client to determine which node will generate the next block. Other nodes can then send their transactions directly to that node. This also allows additional fees to be realized for immediate, priority transactions
Forging (Solo Forging)
It is elegantly simple, block generations with their transaction fees are competed for proportionally to all active forging wallets based on the amount of LELE a wallet has. So if a wallet has 1 million LELE, then they have 1/1000 of a chance of forging any block and receiving any transaction fees in that block. The math here is 1 million (amount the client has) divided by 1 billion (total LELE in existence) is 1000, so that is 1/1000 of a chance. An even added bonus is that it is your LELE balance that forges for you, not ASICs that requires lots of power, maintenance, and that depreciates in value and processing power. Instead of buying equipment to mine with, you just buy LELE to forge for more LELE with.
Pool Forging
LELE implements a pool forging feature. Whenever u not have enough amount of LELE to do solo forging, or have not any device to do this, u still could join at pool forging as like as POW pool mining, just swap your LELE coins to FORGE Token as an option.
Transparent Forging
PoS is theoretically vulnerable to attacks, because anyone with a large enough stake can rewrite the blockchain for their own benefit. Transparent forging is an ingenious answer to this problem. Although the node which forges a block is random in the long term, in the immediate future it is highly predictable. This means the network knows where the next block should be forged. If a node does not forge the block it is expected to (perhaps because it is working to build a fraudulent chain instead), it is excluded from the network for a period of time. The likelihood of that node being chosen is instead redistributed across the remaining members of the network.
51% Attack Proof & Security
LELE utilizes a 100% proof of stake (PoS) mechanism versus the proof of work (PoW) mechanism. This effectively removes a security risk inherent in POW coins, as the issue of a 51% attack and other vulnerabilities inherent to PoW coins become non-issues. Moreover, Transparent Forging system eliminates not only the chance of a 51 percent attack, but anything up to a 90 percent attack. A security mechanism to prevent forked chains from being forged by high-stake nodes. This prevents against even a 90% majority owner of all LELE branching out and forcing a fork. LELE nodes has built-in functions to defend against DDOS attacks. All of this is an efficient, fast and elegant way to secure the network.
To Know more Visite
Telegram:https://t.me/LELE_COIN
ANN Bitcointalk: https://bitcointalk.org/index.php?topic=2939240.0
Facebook: https://www.facebook.com/LELEcoin1
Official Web:https://e-chain.id/
AUTHOR
Bitcointalk Username:rathnayake
Bitcointalk URL:https://bitcointalk.org/index.php?action=profile;u=1503176
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