Cryptocurrency is a digital currency that has been created through cryptography and the main attraction of the use of cryptocurrency is anonymity and lower cost. Digital currency is the currency that represents the fiat currency used to transfer between banks, but in general, the digital currency has a high cost from the bank and can be traced completely.
Since Bitcoin has begun to get the attention of many, the world's crypto actors have been optimistic about the potential of cryptocurrency that presents a new method in the financial world. A cryptocurrency can offer an easy value transfer method between people, through a trusted network, at low cost. Thanks to cryptocurrency peer-to-peer networks, users can transact with each other directly, without relying on expensive and inaccessible third-party financial institutions. Access to the internet is the only requirement for transferring a crypto unit between two parties.
Currently a lot of emerging cryptocurrency that adopts technology from Bitcoin as a pioneer currency crypto, in 2018 there have been hundreds and even thousands and predicted to be many more later, among the many cryptocurrency there are some very popular and also have value exchange rates, such as Litecoin (LTC), Ethereum (ETH), Bitcoin Cash (BTCCash), Bitcoin Gold (BTCGold), Zcash (ZEC), Dash, Ripple (XRP), and Monero (XMR).
Bitcoin currently continues to lead the way in the affairs of cryptocurrencies, in terms of market capitalization, user base and popularity. However, virtual currencies like Ethereum and Ripple are used more as other enterprise solutions are becoming increasingly popular, while some altcoins are supported superior or advanced features when compared to Bitcoin. By following the current developments, crypto will still exist but only a few of them will emerge as leaders in the midst of increasingly fierce competition over time, such as LELE COIN that we will review in this article.
LELE, (Lite Eco Ledger Elements)
Lite Eco Ledger Elements or in short LELE is a community blockchain project of altcoin traders in Indonesia to create and develop trading tools and features for Telegram users. But later inspired from its original purpose as an educational tool, the team of LELE COIN is about to expand its functionality from just a means of transactions to public functions and especially the field of education.
LELE is altcoin such as litecoin, peercoin, and many others. In a world where Bitcoin is king, altcoin just changes the original Bitcoin code parameters such as hashing mechanisms, time between blocks, initial difficulties, and so on. We developed our base based on NXT source code. LELE develops anything as simple as it is not even a simple coin. This measurable cryptocurrency offers an eco-friendly mining called forging. We will continue to develop features that are beyond the scope of regular altcoin.
LELE COIN and Blockchain
Blockchain is the latest technology, which is a mix of many things. Simply blockchain it is a new way to record transactions. Actually it is very similar like the previous ways but here it is done by cryptographic way to make sure the data is not changed. Blockchain technology was first introduced in 2008 when the first digital currency was made by Bitcoin. Lately this technology has been applied to many other functions besides the functions of commercial and banking transactions such as: record of wills, contracts, certificates, deeds of ownership of objects, record diamond traces, and many other functions as well.
With all the advantages of blockchain is what the Eco Ledger Elements Lite Team Elite is offering for LELE (a blockchain adopted and made by Indonesians) to offer for the benefit of the public, especially for education applications.
Features of LELE COIN
LELE COIN are made using a combination of SHA256 and Curve 22519 made with its own blockchain. Lelecoin is made with POS system, very confident that coins will grow quickly with the help of ARDOR platform facilities, we will continue to develop features that are beyond the scope of regular altcoin. Currently, we conduct digital certificates that can be used by government, private or public.
- Built on Ardor
LELE develop anything as simple as can be even it’s not a simple coin. This scalable cryptocurrency offering a eco-friendly mining called forging. - LELE is Combo
Proof-of-Stake and Transparent Forging form are a powerful combination with substantial benefits over all other methods of coin verifying transactions. - Green Concept
LELE is "green" it's protocol in power consumption, since 100% PoS mechanisms don’t require massive amounts of electricity power like POW mechanisms do. - 51% Attack Proof & Security
LELE utilizes a 100% proof of stake (PoS) mechanism effectively removes a security risk inherent in POW coins, as the issue of a 51% attack.
How does LELE COIN increase his values ?
Funds earned at ICO are used by teams to develop coins, and complement their features to make it easier for the general public. And to do marketing strategies to blockchain products to be marketed. One of the programs that will run the team is a digital diploma, with the application of Blockchain in digital diploma program it is expected that this can make LELE Coins can be widely known to the public, so people want to use it. Thus the value or value of the initial purchased coin (ICO) becomes more valuable due to the emergence of "Demand" or the need for products resulting from LELE blockchain.
How to earn LELE Coins?
Only need one time investation, u can compound any time u want, or change to fiat and any coin. LELE implement Forging, the best and green method for mining. U can use any type of PC, Tablet, Handphone to do this. No need setup and huge electricity.
Porging
LELE COIN are made by POS system. By following forging, you can claim free coin by holding your coin on your wallet. Every transaction cost fee. Fee of transaction will be divided equally by the amount of lele you have and be rewarded to your wallet. the minimum requirement to join forging is by having 1000 coin in your wallet. mining hardware are not required and you can join by having minimum of mobile
Pool Porging
LELE implements a pool forging feature. Whenever u not have enough amount of LELE to do solo forging, or have not any device to do this, u still could join at pool forging as like as POW pool mining, just swap your Lelecoins to FORGE Token as an option.
For investors, our Pos platform allow you to get profit every month for staking your coin.
LELE Wallet
Create your LELE Wallet :
https://wallet.e-chain.id/index.html#
apps for Android:
https://play.google.com/store/apps/details?id=me.ibrohim.wallet
Token Info
Name: Lele Coin
Symbol: LELE
Total Supply: 1,000,000,000 (1 billion)
Coin Base: Ardor (ARDR)
Coin Distributed : Airdrop (10%), ICO (10%), Investor (3%), Dev (3%), Team (2%), Bounty (2%) and Miner / Forger (70%) .
For more information about LELE COIN project, please visit the official address below:
Author
Name: Ahmad Raditya
Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1282308