Fast & Secure Cryptocurrency integrated to Mobile Game App
Elliotcoin or ELLI is a digital cryptocurrency. It is designed for fast (60 seconds block time+using SwiftX for nearly instant transactions with zero confirmation wait time), private (through Zerocoin protocol) and secure microtransactions. In upcoming update ELLI will be integrated into a game project as a way of payment for in-game services
ELLI starts off as a hybrid of PoW and Masternode system and then will switch to PoS with Masternodes mode due to project orientation and to keep blockchain working.
ELLI is built on Xevan algorithm, which provides high hashrate for GPU miners (due to its resistance to ASICs and NiceHash users) and low power consumption. It also have a generous reward for every block splitted between miners and Masternode owners.
With the integration of ELLI into the mobile game application, there will be additional options to use ELLI. More information about this feature will be published on our information resources in near future.
There are a lot of advantages over other altcoins.
ELLI is using Zerocoin protocol and our team is already working on upcoming integration with Tor project (The Onion Router). Using these two tools with our decentralized exchange will allow to achieve unprecedent level of security in the world of cryptocurriences.
In near future, as you can see in our Roadmap, ELLI blockchain will be connected to a mobile app game with some in-game payment features. It will add additional value to the chain and more ways of usage.
Thanks to the upcoming integration of the coin with the payment services in the mobile game, the demand for ELLI on market will be much higher than you can expect from common altcoin.
In contrast to mining, this method is more reliable and does not require you to do so much effort. Masternodes are mighty elements of the ELLI blockchain. On the one hand, you can think of them as your very own private savings account (you put 10,000 ELLI into a locked account, and in return you are rewarded with interest). On the other, Masternodes are the way to secure the community and relay transactions across the network.
Deployment with deploy-script on your own server or deployment in our SaaS cloud failover infrastructure (it is reliably utilized with a minimum amount of down-time). Second way is very easy and apprehensible to people with any level of understanding the process.
Considering the upcoming updates ELLI is a good mid or long-time investment. Increasing percentage of receiving block reward to masternode owners while approaching PoS stage is also making them attractive.