Alttex [ALTTEX]
ENDED: June 01, 2018Transparency Details
We have unverified contact details for this ICO
We have no information about the team
We have unverified information about this ICO
Description
A decentralized cryptocurrency exchange and social networking platform.
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ICO Link
Executive Summary
The basis for the Alttex platform is a decentralized network, where each user is part of Alttex's blockchain. The full responsibility for carrying out the transaction is assigned to the Alttex network block, while, much like Bitcoin, all transactions reports are encrypted. To boost transaction speed, AltX tokens use the DPoS consensus algorithm.
This implies that participants transfer responsibility for verifying a particular transaction to selected delegates (nodes with the largest capital). This is the basis for achieving the maximum transaction speed.
The voice that the candidate receives to become a miner is very flexible. It is easily assigned by fulfilling requirements, and can also be easily taken away in case of an error. Miners receive financial rewards for processing the transaction, so they are interested in making sure that reasonable transactions are included in the blocks.
(Obtained from ICO Whitepper)
This implies that participants transfer responsibility for verifying a particular transaction to selected delegates (nodes with the largest capital). This is the basis for achieving the maximum transaction speed.
The voice that the candidate receives to become a miner is very flexible. It is easily assigned by fulfilling requirements, and can also be easily taken away in case of an error. Miners receive financial rewards for processing the transaction, so they are interested in making sure that reasonable transactions are included in the blocks.
(Obtained from ICO Whitepper)
Documents
Whitelist and KYC
No Whitelist or KYC information provided
The Team
Timeline
Sale Starts
1st May 2018The ICO/Token/Coin sale opens
Happened: 7 Years, 3 Days ago
Sale Ends
1st June 2018The ICO/Token/Coin sale closes
Happened: 6 Years, 11 Months, 3 Days ago
TODAY
5th May 2025
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