This community driven project has the potential to revolutionize the exchange and cashless industries especially online and offline payment segments. With the state-of-the-art business model and created with Ethereum superior blockchain technology, any one in possession of Elyte token has bought for himself or herself an endless opportunity for the nearest future that will guarantee an excellent return on investment (ROI).Read Details
High transaction speed and low costs.
A currency should have minimal transaction fees and confirmation time should be in seconds, not minutes or hours.
A currency also has to have a secure network and building a currency from the ground-up means its network will be fairly weak until it gets wider user and miner adoption using the Ethereum network prevents that from happening since the ethereum network is strong enough to make 51% attacks nearly impossible at this point.
Ethereum already has an existing infrastructure for tokens and has multiple decentralized elements such as exchanges, which also make it fairly easy to include tokens. This is contrary to traditional cryptocurrencies such as those based on the Bitcoin source code that have to build their entire infrastructure from the ground-up and are very vulnerable to attacks (such as the 51% attack commonly affecting smaller, bitcoin-based cryptocurrencies).
- Maximum supply of 1M tokens
- Far less circulation supply
- Deflationary Nature
- Innovative technology