Telecoin is an anonymous Peer-To-Peer currency that implements blockchain technology as a store of value, that can be transferred almost instantaneously. Delivering a network with minimal transaction costs, through the use of highly advanced anonymity protocols protecting the user’s privacy and security.
• Anonymized transactions using coin mixing technology, we call it Obfuscation. This further help to add to the anonymity of user transactions for increased privacy.
• Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftTX.
• Decentralized blockchain voting providing for consensus-based advancement of the current Masternode technology used to secure the network and provide the above features, each Masternode is secured with collateral of 10000 TELE.
Telecoin has been designed understanding that privacy should be allowed to let you share what you wish with everyone, whilst giving you the choice to filter who views your own private information.
Telecoin will run from block zero in its first stage (PoW) to support the scaling of the network. Once at block 1000 it will shift to Proof of Stake (PoS) protocol. This means less power is being used to your CPU to support the network as it continues to expand. For this, users who choose to stake their coins to produce hash power to the network will in turn be rewarded for their role in the process.
Telecoin will run from block zero in its first stage (PoW) to support the scaling of the network. Once at block 100,000 it will shift to Proof of Stake (PoS) protocol. This means less power is being used to your CPU to support the network as it continues to expand. For this, users who choose to stake their coins to produce hash power to the network will in turn be rewarded for their role in the process.