TELECOIN

What is Telecoin?

Telecoin is an anonymous Peer-To-Peer blockchain implements technology as a store of value, that can be transferred almost instantaneously. Delivering a network with minimum transaction costs, through the highly advanced anonymity protocols protecting the user privacy and security.

In-built Block Explorer

Anonymized transactions using coin mixing technology, we call it Obfuscation. This further helps to add to the anonymity of user transactions for increased privacy.

Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftTX.

Decentralized blockchain voting provides for secure network technology that is used to secure the network and provide better features, each method is secured with a collateral of 10,000 TELE.

Telecoin has been designed understanding that privacy should be allowed to let you share what you wish with everyone, while giving you the choice to filter who views your own private information.

Telecoin will run from block zero in its first stage (PoW) to support the scaling of the network. Once at block 1000 it will shift to Proof of Stake (PoS) protocol. This means that it is being used to your CPU to support the network as it continues to expand. For this, users who choose to stake their coins to produce hash power to the network will be rewarded for their role in the process.

Overview

The risk society of digital data attached to the traditional, centralized, third-party verification cycle most transactions today, subscribe to.

As the world delves further into the digital virtual reality, taking care is about being personal into this space. Technologies and protocols need to be developed to protect the privacy and integrity of our data.

Telecoin has been developed to improve the security and privacy of the world with greater digital risks. Whilst providing long-term energy-efficient crypto-currency to the world.

With this in mind Telecoin, users have created freedom and fair governance, while providing secure and private medium of transactions.

With a network that supports master node capabilities, understands that telecoin for those who support and help to strengthen the network, a fair reward system should be implemented to give back to the projects community.

The aim is to create networks based on fair and trust-less interactions, while rewarding those who help to maintain, grow and contribute towards the future development and growth of infrastructure.

With most networks providing a 50/50 split in rewards mode, which is the greatest return to the host of the nodes. We feel this a better means for those who act as pillars within the community and network.

Features

SwiftTX

Instant Transactions: SwiftX is guaranteed by the network of masternodes, with no need to wait for multiple confirmations.

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 want to run the masternode and allows the owner to vote on budget and development proposals. These services are available on the TeleCoin network, which are rewarded at a slightly higher level as compared to just a number of levels that are compared to just a number of levels in the seesaw mechanism.

Obfuscation

Obfuscation is a way to make coins harder to trace through the Master Code 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 look for obfuscate their coins: that creates several output addresses and you just can’t know if Ax goes to B or C or D. You can activate obfuscation but it’s necessary to have activated obfuscation, and some wallets too.

Decentralized Blockchain Voting

TeleCoin uses a decentralized blockchain voting system to establish the 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.

Coin Spec

Name: Tele (TELE)

Type: Masternode blockchain project

Algorithm: Quark (used for PoW only)

Target block time: 60 second block time

Proof: PoS and MN Stake rewards

Masternode Reward: 60% of blocks

Duration: PoW Mining Ends at Block 1000, Maturity: 100 blocks passed Minimum PoS stake age: 8 hours min coin Pre-stake stake

mine: 15500000 from block 1–500 (31000 Per Block)

Block reward: 0.8409

TCP port Main: Main: 11568 RPC: 11567

TCP port Testnet: Main: 21568 RPC: 21567

TCP port RegTest: Main: 31568 RPC: 31567

The Trend-Setter Platform

In the new age of the Internet, we feel that there is a need for decentralized systems that reward users and customers for promoting, sharing and uploading content.

The Trend-Setter platform is a micro-transaction affiliate network reward platform targeted at businesses and individuals who use TELEX as the incentive for organic referrals.

Target Campaigns

Games (achievements, purchases)

Subscriptions (new and referrals)

Trials (online services, products)

Questionnaires

Downloads (Games, Demos, Software)

Content (news, posts, blogs)

Micro-transactions

Internet Deals

YouTube (likes and views)

Facebook & Instagram (share and like)

Twitter (retweets, likes and follow)

How Trend-Setter Works

Step 1

Create a campaign to target your latest release of your new products, you want to trend on.

Create a custom campaign through our intended action (micro-transaction / achievement) within your own product or service life cycle.

Step 2

Assign a TELEX budget for your campaign and go live.

Step 3

Reward users with TELEX for being a Trend-Setter and undertaking your required action.

TELE = PRIVACY

Which is why we believe communication and not just our finances. We have fallen into an era where we have become enslaved to unreasonable and invasive terms and conditions that control the control we have over our personal data. There is a huge amount of data in ways many are unaware of. It is for political, government or financial agenda, which we did not initially plan to consent to. Tele-Fone adds secure P2P calling and messaging to its list of impressive features.

Team

Michael Alexander
Project Lead

MAMMIX
TeleCoin wallet developer and TELE MN Dev

Perry Newman
Web Developer

Stellios
Web & Graphic Designer

Duck Davorin
Community Manager

Jodie Handley
Operations Manager

Dr. Julian Critchlow
Non Executive Board Member

Arianne Elise King
Non Executive Board Member

Arthur j Cory
Non Executive Board Member

Oliver Uter
Community Moderator

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