Review on Elacoin by Benedict Patrick

Name: Elacoin
Item: Elacoin
Rating: 4

May 20, 2021

Elacoin is one with a preferential benefits attached.

Elacoin is ﻿a based blockchain that is opened to everyone. It functions with a kind of computational power which allows it to earn rewards. It carries out this operation by harnessing the power thrown in to increase output that is, the increase in input will lead to an increase in output as well. However, for quite  some time now it has been stable that is to say, it has obtained a fixed price value which might be due to lesser demand. However, to ensure that anybody platform operates on a secured blockchain it is ensure to protect the key features that prevents the platform from being destabilise and as such the system will be able to enjoy a fast streamline payment within the platform.
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     Elacoin is a blockchain that aims at offering less than 2minutes time for any transaction irrespective of the volume performed. Such transactions are fast enough that it cannot run into network 10 limits or bloating hard drive. It has a digitally secured environment that gives users the required king of protection and fair ecosystem of trading that they all desire. This initiation was carried out so that issues of uncompleted transactions and traffic jam network could be extremely low on it platform. 
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Updated 3 years ago

Rating has not been changed

﻿The essence of such platform is to bring about an ecosystem where the time is not an issue for any transaction but in virtually most platforms today the issue is not just time constrain but the inavailability of services that can attend to or possibly become the solution to having a low fee charged transaction which is what everyone whats to have. It is a platform that I admire because if you watch closely you will find out that the time required to complete some transctions might exceed two minutes and this might possibly lead to service or connection failure. But this is not the case with elacoin.
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Pros