PoS blockchain network Etherlite has launched on ProBit Global with ETL tokens providing a legitimate payment alternative thanks to vastly improved throughput capable of 10,000 tps.
Etherlite is a DPoS-backed Ethereum hard fork that provides blockchain interoperability and EVM compatibility to secure competitive advantages in scalability and security. The hard fork resulted in all ETH holders receiving a portion of the ETL distribution to tap into the unrivaled network effects for rapid exposure and potential for adoption.
The platform also provides a convenient Dapp deployment infrastructure featuring a one-click tool to streamline its accelerated throughput for universal advantages.
ETL tokens bolster network security through the users staking 100,000 ETL to serve as validators and facilitate rapid transaction finality. A primary usage behind the tokens centers on global payments thanks to low fees and block times of less than 3 seconds through an efficient PoS model.
Holders also gain governance rights to maximize mutual growth and democratize the future trajectory of Etherlite as scaling solutions continue to be in demand to counter network congestion.
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ABOUT ETHERLITE
EtherLite is a blockchain platform built for efficiency; it provides a fast, secure and cheaper environment for building decentralized applications. It is fully compatible with Ethereum’s tooling and Web3 technology stack and it runs on a PoS consensus algorithm. https://etherlite.org/
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