After reviewing some of the flaws in the ERC-20 tokens, we noticed some common and persistent issues in how these contracts are constructed. You can see here community members have raised issues with the uncapped supply of eBTC.
Here are some of the flaws we discovered prevalent with other ERC-20 tokens:
You can see the flaw in the eBTC code still exists in the eLTC source contract. These are issues from eBTC and other eLTC tokens which fundamentally undermine the total supply of tokens. eBTC aimed to become a ERC-20 token to replicate Bitcoin on the Ethereum Blockhain but with a critical flaw.
Introducing ELTCOIN, the improved (ERC20) Litecoin
We are addressing the fundamental issues with other e-coins. ELTCOIN has a fixed supply of 84 million tokens (this number cannot be modified, it’s divisible to 8 decimal places, and you’ll be able to send and receive them just like any other ERC20 Token), we’re using open zeppelin framework to build a secure smart contract.
ELTCOIN is faster, cheaper and more secure than Litecoin. It includes vital improvements over ERC-20 tokens.
ELTCOIN is a strong and passionate community of developers, who care about the project and development. We are the original and official ELTCOIN— support your token with global ambitions. All information can be found on ELTCOIN.tech — where we will be releasing updates and new features!
Keep up to date:
Website: www.ELTCOIN.tech
Telegram: https://t.me/ELTCOIN
Twitter: @officialELTCOIN
BitcoinTalk: https://bitcointalk.org/index.php?topic=2259761.0
