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, subscribe to.
As the world delves further into the digital virtual reality, taking much we care about and that is personal into this space. Technologies and protocols need to be developed to protect the privacy and integrity of our data.
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.
With 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.
The aim is to create a network based on a fair and trust-less interactions, whilst rewarding those who help to maintain, grow and contribute towards the future development and growth of infrastructure.
With most networks providing a 50/50 split in the rewards a Masternode would provide, Telecoin issues a 60/40 spilt giving those the greatest return to the host of the node. We felt this a better means to show our intentions to those who act as pillars within the community and network.
SwiftTX –
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.
Obfuscation –
Obfuscation is just a way to make coins harder to trace thru MasterNode mixing of TeleCoin. If you send from A address to B address, you can follow the tx. When you activate obfuscation you tell to a MN you want to create a kind of pool between other users looking obfuscate their coins: that creates several output addresses and you just cant know if A tx goes to B or C or D. You can activate obfuscation but it's necessary to some MN have activated also the 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.
January 2019
February 2019
March 2019
April 2019
May 2019
June 2019
July 2019
September 2019
October 2019
November 2019
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.