Features

SwiftTX

Instant Transactions: SwiftX transactions are confirmed and spendable within seconds, guaranteed by the network of masternodes, with no need to wait for multiple confirmations in order to be confident in the validity of the transaction.

Masternodes -These are incentivized nodes that receive rewards based on their availability and their ability to offer network services in a decentralized and trust-less manner. Running a masternode requires 10,000 TeleCoin collateral for as long as you choose to run the masternode and allows the owner to vote on budget and development proposals. These nodes are the backbone of the present and future services offer on the TeleCoin network, and as such are rewarded at a slightly higher level as compared to just staking when the number of them is at a predetermined level defined in the seesaw mechanism.

Obfuscation

Obfuscation is a way to make coins harder to trace through MasterNode mixing of TELE. If you send from A address to B address, you can follow the tx. When you activate obfuscation you tell a MN you want to create a kind of pool between other users looking to obfuscate their coins: that creates several output addresses and you just can't know if A tx goes to B or C or D. You can activate obfuscation but it's necessary for some MN to have activated obfuscation, and some wallets too.

Decentralized Blockchain Voting

TeleCoin uses a decentralized blockchain voting system to establish consensus for future advancements and updates of the TeleCoin Masternode. The voting system is core to the decentralized governance of our network and plays a vital role in enforcing changes and improvements by the community through direct participation.

Features

SwiftTX

Instant Transactions: SwiftX transactions are confirmed and spendable within seconds, guaranteed by the network of masternodes, with no need to wait for multiple confirmations in order to be confident in the validity of the transaction.

Masternodes -These are incentivized nodes that receive rewards based on their availability and their ability to offer network services in a decentralized and trust-less manner. Running a masternode requires 10,000 TeleCoin collateral for as long as you choose to run the masternode and allows the owner to vote on budget and development proposals. These nodes are the backbone of the present and future services offer on the TeleCoin network, and as such are rewarded at a slightly higher level as compared to just staking when the number of them is at a predetermined level defined in the seesaw mechanism.

Obfuscation

Obfuscation is just a way to make coins harder to trace thru MasterNode mixing of TeleCoin. If you send from A address to B address, you can follow the tx. When you activate obfuscation you tell to a MN you want to create a kind of pool between other users looking obfuscate their coins: that creates several output addresses and you just cant know if A tx goes to B or C or D. You can activate obfuscation but it's necessary to some MN have activated also the obfuscation, and some wallets too.

Decentralized Blockchain Voting

TeleCoin uses a decentralized blockchain voting system to establish consensus for future advancements and updates of the TeleCoin Masternode. The voting system is core to the decentralized governance of our network and plays a vital role in enforcing changes and improvements by the community through direct participation.