eLTC ; tokenized Litecoin on the Ethereum network
BIG OPPORTUNITY
What?
-eLTC is an ERC20 version of Litecoin on the Ethereum blockchain.
Why?
-There are multiple reasons, firstly Litecoin has issues with high transaction fees and slow block times, ERC20 tokens don't have these issues and also have smart contract capability. Secondly, there is currently no widely accepted tokenized version of Litecoin on Ethereum which is pretty surprising. Thirdly, as eLTC grows it will display Ethereum's capabilities and strengthen it's stance among crypto-currencies. There will only ever be 84,000,000 eLTC, no more, no less
FASTER: eLTC will have faster transaction speeds than Litecoin. The average block time on Litecoin is 2 minutes, while on Ethereum it's 24 seconds.
CHEAPER: The average Litecoin transaction fee typically ranges from $2 to $5, while Ethereum fees typically range from $0.20 to $0.50
SMARTER: eLTC can work with smart contracts on the Ethereum blockchain. While there are plans to support them, Litecoin does not currently support smart contracts.
Free Air Drop of tokens
Sign up here: https://docs.google.com/forms/d/e/1FAIpQLSfIwioGJRmkn2RBXfT11uy3R07vdlaZP0KSxGc9vDiFlRx5fQ/viewform
Website: http://www.eltc.io/
Twitter:https://twitter.com/eLTCoin
Reddit: https://www.reddit.com/r/eltctoken/
Don't sleep :)
I doubt this will success, the same thing happens for eBTC - a "representative" token for BTC on the ERC-20 network. It has some flaws in its smart contract (unlimited supply?), so for now, I wouldn't touch it xD
https://www.reddit.com/r/ethtrader/comments/74mrzk/do_not_buy_ebtc_tokens_the_contract_is_flawed/
Btw, upvoted and followed :). Nice post!
appreciate the upvote. perhaps do a little more research. Cheers :)