Bitcoin was created to make transactions faster, secured and conformable with less fees but this days Bitcoin has been doing otherwise. This is as a result of more people using the blockchain. Transactions on Bitcoin and other cryptocurrencies has been extremely slow because of congested networks taking lost of hours to be successful. In late 2017 transactions made on the blockchain went extremely taking 1 to 2 day(s) to be complete this has made many wondering if the blockchain is truly the future. Transactions fees as well has gotten high whereby users pay huge amount of fees to transfer cryptocurrency. Also as in December 2017 transaction fees on Bitcoin went so high to about $40 per transaction for every users and despite the huge fees been charged the transaction are still slow. All of these problems has made the entire blockchain unstable and reduced it efficiency. Lots of projects such as lightning bitcoin, Segwit2x and lots more has been created to put an end to these problems but still they all failed to perform their purpose. All of this problems keeps increasing every day as the blockchain is being used and in the future the blockchain might not serve any purpose this is why ELISIA is here to make the blockchain secured, Transparent, fast and efficient.
Elisia is a blockchain project to enable fast, secured transactions on the blockchain with no fee. I know you might be asking no fee? Yes no fee Elisia is the next generation of blockchain development to utilize it technology to improve the blockchain. Any transaction performed on Elisia will be super fast compared to what we have now. Elisia network can complete tons of millions of transactions within a seconds making it the most fastest network on the blockchain. The Elisia network is also built to not charge any fee unlike the likes of Ethereum we have today which charges lots for transactions. The Elisia network is designed to perform this without the sender or receiver spending any fund on fees, this is absolutely the first we've ever seen.
Elisia aim is to develop the blockchain to relsove the current problems in it to give it a better future which will allow it to grow and to be adopted more. Has we have seen that the initial ideas and advantages of blockchain is slowly fading away the need for an advanced development is need which Elisia is reliable to for the production and development of the blockchain. The Elisia technology is capable in solving these problems which will lead to a better blockchain.
Elisia will also allow the easy creation and deployment of DAPPS on the Elisia network. A DApp has its backend code running on a decentralized peer-to-peer network. Contrast this with an app where the backend code is running on centralized servers. This has been one of the different things to do on the current networks, Dapps on the current networks requires experts to be able to create one but on the Elisia network Dapps will be able to be created with easy and do not require experts to create one. This advantages will make lots of industries and companies utilize the blockchain more and more in their businesses. The creation of Dapps on the current charges huge fees which keeps increasing every day but with Elisia users won't need to pay any fee to develop Dapps also this is a great invention from Elisia.
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In conclusion, Elisia is here to develop the blockchain to make it more efficient and dependable. Elisia will facilitate the development process of the blockchain making it secured, fast and stable with no fee. This has been what we all has been waiting for and with Elisia this will be accomplished. This development will render new services and open more business minds to the blockchain. Elisia team has an experience of over 10 years in the blockchain technology so this will be successful project. The making of Elisia has also taking years to be created looking at every problem in the blockchain. Has seen Elisia is truly here to revolutionize the blockchain.
For more information about Elisia, kindly visit the links below
Website: https://elisia.io/
Whitepaper: https://elisia.io/white-paper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5066777.0
Telegram: https://t.me/elisiaio
Twitter: https://twitter.com/Elisiaio
Facebook: https://www.facebook.com/Elisia-199175400981031/
LinkedIn: https://www.linkedin.com/company/elisiaio
Reddit: https://reddit.com/r/elisia
Bitcointalk Username: Oluwatimi
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=1916121
