Telecoin has been developed to improve the security and privacy of transfers and transactions in a globalized fast paced world with greater digital risks. Whilst providing a long-term energy-efficient crypto-currency to the world.
With this in mind Telecoin has been created to provide users freedom and fair governance, whilst giving a secure and private medium of transaction.
Telecoin a network that supports master node capabilities, Telecoin understands that for those who support and help to strengthen the network, a fair reward system should be implemented to give back to the projects community.
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TeleCoin has been developed to improve the security and privacy of transfers and transactions in a globalized fast paced world with greater digital risks. Whilst providing a long-term energy-efficient crypto-currency to the market. As the world delves further into the digital virtual reality, taking everything
TeleCoin care about and that is personal into this space. Technologies and protocols need to be developed to protect the privacy and the integrity of data. The risks in a digital society stem from the excessive amount of personal data attached to the traditional, centralized, third-party verification cycle most transactions today.
TeleCoin Instant Transactions: SwiftX transactions are confirmed and spendable within seconds, guaranteed by the network of masternodes, with no need to wait for multiple confirmations in order to be confident in the validity of the transaction.
Masternodes -These are incentivized nodes that receive rewards based on their availability and their ability to offer network services in a decentralized and trust-less manner. Running a masternode requires 10,000 TeleCoin collateral for as long as you choose to run the masternode and allows the owner to vote on budget and development proposals. These nodes are the backbone of the present and future services offer on the TeleCoin network, and as such are rewarded at a slightly higher level as compared to just staking when the number of them is at a predetermined level defined in the seesaw mechanism.
TeleCoin is a way to make coins harder to trace through MasterNode mixing of TELE. If you send from A address to B address, you can follow the tx. When you activate obfuscation you tell a MN you want to create a kind of pool between other users looking to obfuscate their coins: that creates several output addresses and you just can’t know if A tx goes to B or C or D. You can activate obfuscation but it’s necessary for some MN to have activated obfuscation, and some wallets too.
Decentralized Blockchain Voting
TeleCoin uses a decentralized blockchain voting system to establish consensus for future advancements and updates of the TeleCoin Masternode. The voting system is core to the decentralized governance of our network and plays a vital role in enforcing changes and improvements by the community through direct participation.
Benefits of Telecoin
• Limited Supply
• Low latency
• Open Source
• Community Based Infrastructure
• Proof of Stake
• Paired with the TeleCoin Trend-Setter Platform (reward medium for users)
• Low Transaction Costs
• Anonymity – (Obfuscation)
• Guaranteed Zero Confirmation Transactions (SwiftTX)
TeleCoin , a secure, decentralized mobile phone that gives users the ability to not only control crypto assets via built in cold storage, but also the ability to store personal data/files and information directly onto the block chain. This will also enable users to restrict, control and manage the abilities within the phone.
TeleCoin want to create a community that keeps growing and expanding. For project to reach this goal, we have dedicated 1 million TeleCoin to the Trend-Setter Platform. 500,000 TeleCoin will be given away to create free trials and campaigns for individuals and businesses. The following 500,000 will be utilized once the platform is established and has a frequent level of Bitcoin and Ether being exchanged for TeleCoin to create new campaigns.
• Simple to Use
• Encrypt Your Wallet
• Back-Up Capability
• Stake Personal Holdings to Power the Network
• Incentive Based Structure – (Proof of Stake)
• Compatible with MacOS, Windows and Linux
• Transparent Ledger
TeleCoin is an open source project with the goal of providing a long-term energyefficient crypto-currency with enhanced privacy and security features. Built on thenfoundation of Bitcoin, Dash and PIVX, innovations such as a Proof-of-Stake protocol has been implemented to help further advance the field of crypto-currency, along with Obfuscation, SwiftTX and MasterNode capability.
TeleCoin delivering a lightweight efficient token with enhanced privacy, relying on a TrustLess decentralized digital mechanism to generate a broad immutable consensus. TeleCoin delivers a secure medium of exchange. The Blockchain has created a newbench mark for financial global digital transactions, settlements and storage.
||Michael Alexander Project Lead
MAMMIX TeleCoin wallet developer
Perry Newman Web Developer
Stellios Web & Graphic Designe
Davorin Bebek Community Manager
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