TeleCoin — anonymous p2p crypto currency

Alexey Lisenko
4 min readSep 26, 2019

Well friends. Hello, I am again happy to welcome you to my cryptocurrency blog. Today we’ll talk about one interesting project and it’s called TeleCoin.

TeleCoin concept

Let’s start with the main thing, namely, the concept of the project. The whole point of the project is the implementation of confidential transfers and transactions and increasing the security of these operations. Also, one of the missions is to protect the personal data of users. Develop such technology or protocols to reduce or completely mitigate the risks associated with the excessive volume of personal data connected to the traditional centralized third-party verification cycle, which most transactions subscribe to today. The main development vectors of the platform will be addressed to:
End User Experience, Simplicity, Privacy and Network Efficiency.

Telecoin has been created to provide users freedom and fair governance, whilst giving a secure and private medium of transaction. With a network that supports master node capabilities, the team of Telecoin understands that for those who support and help to strengthen the network, a fair reward system should be implemented to give back to the projects community. TeleCoin aims to begin a new digital era of communication with encryption, which is why one of the branches of development is Tele-Fone and Tele-Fone App.

Let me try to describe as briefly as possible all the distinguishing features of the project.

TeleCoin blockchain

Masternode

  • MN reward gives 60% return to those running a MN.
  • Masternode is secured with collateral of 10000 TELE.
  • Obfuscation and SwiftTx done through MN.

Proof of stake

  • Block 1000 is when the PoW mining ability stops. This is used early on to keep the chain moving while the network is being established.
  • From Block 1000 onwards the network Shifts to PoS phase

Community governance

  • Decentralized blockchain voting providing for consensus based advancement of the current Masternode technology used to secure the network and provide features.

Benefits of TeleCoin

  • Limited Supply, Low latency, Open Source, Privacy — No Personal or Sensitive Information Held by Third Parties
  • Community Based Infrastructure, Decentralized, Anonymity — (Obfuscation), Available to Any Person
  • Proof of Stake, MasterNode, Paired with the TeleCoin Trend-Setter Platform (reward medium for users)
  • Low Transaction Costs, Guaranteed Zero Confirmation Transactions (SwiftTX), Fast Transaction Speed

Tele-Fone

Tele-Fone aims to raise the level of security and confidentiality of communication and personal data. This will be done through a decentralized network that will allow users to communicate, interact and transact. Tele-Fone will operate on an encrypted network extended to TELE that gives its owners the power to stop unsolicited calls and ultimately restrict the metadata that is transmitted. This directly enables users to control their data instead of the company or operator selling or sharing it.

Tele-Fone already has a Mobile app in advanced stages of development for IOS and Android that allows secure calling to outside lines/devices. It provides encryption regardless if they have Tele-Fone Mobile or App unlike applications like Whatsapp

Benefits of TeleCoin

  • Secure encrypted network that allows you to make secure P2P calls and messaging
  • Secure data storage and file sharing
  • Easy to back up in case of theft or loss
  • Interconnected Products
  • Built to be Compatible For Crypto and Blockchain services
  • Specialized Purpose-Built Hardware

Source of information

You can find out more about this project at official site. Where are both a roadmap and a brief statement of the project and of course there is a whitepaper in which you can get into the essence and concept of this project in more detail and deeply. Also on the official information channels you can get all the latest information about the development of this project.

| WEBSITE | WHITEPAPER| TELEGRAM | FACEBOOK | TWITTER | INSTAGRAM | LINKEDIN|

Conclusion

For my opinion, TeleCoin — secure and efficient vehicle for global exchange, settlements and storage. TeleCoin is an open source project with the goal of providing a long-term energyefficient crypto-currency with enhanced privacy and security features. Built on the foundation of Bitcoin, Dash and PIVX, innovations such as a Proof-of-Stake protocol has been implemented to help further advance the field of crypto-currency, along with Obfuscation, SwiftTX and MasterNode capability. TeleCoin is not just a project. They are a company, with a vision and a commitment to blockchain adoption and development. The TeleCoin Trend-Setter Platform will be integral in furthering the uses of TeleCoin and also introduce a new technology to an old digital marketing mode. Thank you for reading. The article turned out to be quite large, but I hope it was interesting and useful for you, my reader. All the best to you and see you soon!

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A sponsored article written for a bounty reward.

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Alexey Lisenko

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