41,278 ETH RAISED
Blockchain, mostly known as the backbone technology behind Bitcoin, is one of the hottest and most intriguing technologies currently in the market. Since 2013 Google searches for “blockchain” have risen 1900%.
Similar to the rising of the internet, blockchain has the potential to truly disrupt multiple industries and make processes more democratic, secure, transparent, and efficient.
Entrepreneurs, startup companies, investors, global organizations and governments have all identified blockchain as a revolutionary technology.
Some of the benefits of the blockchain technology include:
Disintermediation and trustless exchange, meaning that two parties are able to make an exchange without the oversight or intermediation of a third party, strongly reducing or even eliminating counterparty risk.
Empowers users in the sense that they are in control of all their information and transactions. High quality data, durability, reliability and longevity. Also, process integrity, transparency and immutability, ecosystem simplification and finally, faster transactions.
The Problems of Blockchain
Resolving challenges such as transaction speed, the verification process, and data limits will be crucial in making blockchain widely applicable.
There are basically two problems facing every blockchain:
Interaction with other blockchain: despite the over 2,000 different coins and tokens in existence, not a single blockchain platform allows the migration of one blockchain to another blockchain as a fully functional sidechain.
So there is the problem of sustainability of a blockchain which is developed by a small group of people. It also limits the prospects of a blockchain, making it dysfunctional in the end.
The second issue that confronts every blockchain is wide spread adoption – the pertinent question has always been that how many of the current developers have began building their applications making use of the established blockchain architecture whether for file sharing or for social media or for any other purpose.
Elisia as the solution
The project makes use of different kinds of protocols like Proof-Of-Stake, Proof-Of-Work and a host of others.
In order to protect the Blockchain’s main chain from being corrupted by the side chains, the team behind Elisia has proactively engaged what is known as quantum resistance ledger system.
Winternitz Ots+ Algorithm
This system is very strong and not forgeable under adaptive chosen message attacks when using a pseudo random function and a security proof can be calculated for particular functions. It takes away the need for a collision resistant hash function family by carrying out an equally probable walk through the function as against the simple iteration.
What are the security measures in place?
In the creation of the ledger, the brains behind the project underscored the need for the cryptographic security of the signature of the scheme to be guarded against established and quantum computing spike whether at the moment or in the future.
A very elaborate and deliberate asymmetrical hypertree signature scheme made up of chained XMSS tree is under way. It has double benefits of using a grounded signature scheme and allowing a whole lot of ledger addresses with the capability to sign transactions.
All this is possible as it also avoids a lengthy pre-computation hiccups associated with big XMSS constructions.
The Blockchain Architecture
Elisia plans to unveil its main net with 51 block producers powered to process the transactions. In order to have a widespread agreement the block producers are elected into a round of 51, such that every producer has one block for one round and is given reward based on the validation of transactions that come in and the production of the block of transactions.
It is in a way that a block given by a producer is validated by the next, followed by the next one and so it continues. Once it is not validated, building on it is not possible and the process is stalled.
When a block gets an acceptance by a required quorum of producers it is said to be unchangeable and the series of immutable blocks becomes a checkpoint ultimately.
Just like in Proof of Work, producers can actually remove or simply ignore messages. Alternatively, they can front-run taking advantage of their knowledge about the future.
What Is Elisia?
Elisia is actually a name that'll rate upto be superfast transactions! They assert which the trade rate they utilize are just like rate of an average! At the rate they provide it wouldn't cost anything to send or receive. Back in Elisia can propose that a blockchain solution, which implements all blockchain development programs at a frequent platform and offers an integrated port for both deploying and developing blockchain-based private and public software from the primary series (Elisia) or sub chains including as other Dapp construction platforms using one click or perhaps a tiny modification. Elisia is actually a name that'll speedup superfast trades! They assert which the trade rate they utilize are just like the rate of the light! With the rate they provide, there'll not be a cost for sending or receiving.
Together with blockchains, Elisia reaches a consensus to the trade block, which means there are not any trades that battle with others, perhaps not at the former block or that particular block. But, with the development of different blockchain platform, both blockchain programmers and block chain users came at consensus employing the blockchain platform to construct Their Dapps. Besides the existent blockchain platform burdened at high expenses and computing capacity which prevents wide spread adoption of blockchain solutions by organizations.
Every company would like to build up Dapp on this stage, that offers lightning-fast trade rates with zero and security shared costs by supplying the choice to migrate in 1 blockchain application development platform for the others in accordance with their enterprise vision and requirements.
ELISIA FEATURE
Speed
Really, there are now numerous programs which offer very high Transaction rates, however they simply take benefit of this trade rate feature insurance firms to cover shipping expenses! Do you desire a speedy trade nonetheless it's absolutely free? Elijah may be the correct option.
Free
There's not any fee to make use of this particular platform! That is unlike other jobs that Rely solely on trades that are fast but still they are going to make a living from trade features! Elisia is 100 percent free, it's not going to cost you anything to complete quick trades such as lamps.
DAPPS
That you never have to own rather higher comprehension to create DAPPS, you'll get this to DAPPS just with the data you've got.
Elisia Fully Guaranteed from the danger of quantum computing systems because Elisia Uses DPOS, But Elisia does not guarantee computational dangers to Pro Tect Elisia's key series. The existence of chains has small chance to Damage the most important string. However, the Side-chain system adopts protocols for example as, Evidence of Stakes From Work.
KYC (KNOW YOUR CUSTOMER)
You only use two types of identification forms. In order for Elisia to recognize the faces of all investors, she will need your photos. All data must be correct and must be the same (name and confirmation address).
ELISIA ICO
Only the white registered address will be accepted by our smart contract. This means that only members who have submitted KYC documents and have been approved will be able to participate in the Elisia ICO. Each white registered address is added to the smart contract manually. This will ensure that there is no possibility of investors from restricted countries or unverified members participating in Elisia's ICO.
ICO Start Date:
ICO Start Date: November 30th 6am GMT
ICO End Date: January 25th 5:59 am GMT
Soft Cap: 5000ETH
Hard Cap: 50000ETH
Token Price: 0.0001ETH
TOTAL SUPPLY: 1,000,000,000 ELSA
ADDRESS CONTRACT: 0x96c9126ee53fe08cc28fb08248915c76af3e3568
Contact & Information
Website : https://elisia.io/
Whitepaper : https://elisia.io/white-paper.pdf
Bitcointalk ANN Thread : https://bitcointalk.org/index.php?topic=5066777
Facebook : https://www.facebook.com/Elisia-199175400981031/
Twitter : https://twitter.com/Elisiaio
Reddit : https://reddit.com/r/elisia
LinkedIn : https://www.linkedin.com/company/elisiaio
Github : https://github.com/Elisia-io
Telegram : https://t.me/elisiaio
Autho:
Bitcointalk Username: vancuongdbj
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=1667647
Telegram: https://t.me/vancuongdbj
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