What is ela currency (What currency is elc)

What kind of currency is ela? According to official sources, ELA is a decentrali

What is ela currency (What currency is elc)

What kind of currency is ela? According to official sources, ELA is a decentralized blockchain asset. According to the ElaCoin team, ELA is a functional token (ERC-20) based on the Ethereum network. It achieves the security and privacy of on-chain transactions through destruction, allowing all participants to hold their own issued tokens ela in their digital currency wallets, thereby achieving the vision of providing basic services for the ecosystem.

It is reported that ELA is developed and supported by the ElaCoin Foundation and is an open and interoperable public chain platform; it is a community-driven initiative: from project incubation to project financing, and support from technical personnel and industry leaders from all walks of life.

What is elc currency

According to official sources, elc is a decentralized digital asset based on blockchain underlying technology. Elc is a kind of token. The payment function (paypal, imtoken, etc.) is realized by adding trading pairs in the wallet.According to the official website introduction, Elc is a completely self-funding, open-source, and open protocol designed to create a fair distribution token economy for all users. The project’s vision is to establish a global, borderless currency market. Currently, more than 400 merchants have accepted this project.

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