About Eleven01
Eleven01 is a project that uses blockchain to allow efficient collaboration between banks and clearing houses. Today our future is being shaped – blockchain is a technology that brings levels of transparency, security, and privacy that we couldn't even imagine just a few years ago.
Eleven01 is a project that uses the emerging technology to deploy a solution that will allow banks and clearing houses to set up efficient collaboration and store digital documents in a perfectly secure environment. Also, blockchain will allow processing transactions in a matter of seconds while guaranteeing total security and peace of mind!
Consensus in blockchain is when a majority of nodes come to a common understanding (consensus) and agree to a specific thing (in this case...validating the set of transactions result that is submitted by a miner, that makes for a block).
The logic of method of how the nodes (computers) arrive at a consensus is known as Consensus Algorithm.
Dynamic Consensus is the ability to be able to pickup any of the algorithm...dynamically by way of a trigger from a member node or administrator. Once most have voted then the switch to a newer consensus takes place.
The Eleven01 protocol has been created with the aim of bringing India ahead in the blockchain sphere. We have developed the protocol with the aim of raising a platform which allows the creation, publication, and extension of the core blockchain services in all sectors.
The mission is to launch a protocol which can interoperate with the other global protocols to form a syndicate of blockchain protocols. In the lead up to our launch, Eleven01 has already partnered with companies like STATWIG,as well as governments and industry consortia including State Government of Telangana, India, CWY & ICRISAT.geverifieerd 0%
Aandacht. Het risico bestaat dat niet-geverifieerde leden feitelijk geen lid zijn van het team
geverifieerd 0%
Aandacht. Het risico bestaat dat niet-geverifieerde leden feitelijk geen lid zijn van het team
We like Eleven01 Protocol, and think they can become the blockchain for India.
We are investors and advisors to Eleven01 Protocol and Resistance.
I have shared my opinion in the past and resharing it.. To me the project looks ordinary protocol... while the tesnet is live.. post looking at github one can comment how genuine they are. I am not flattered with the partnerships they are just names on website. Unless Team can prove how they will help impact in real usage of platform. Cryptocuurency usage in India is halted, dont understand how the governments will use the token. Indian governments are supporting many blockchain companies eleven01 is not the only one. #myopinion. For a bear market i wont invest in this project
