Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Spreading the taste of Oriental food to Delhi circles, Chef Sahil Relan pushes for growth at Nirisa Oriental Lifestyle
  • Solidaridad & Centre for Responsible Business to launch regenagri Cotton Alliance, to Step up the Fight against Climate Change Business
  • One Life, One Earth And Just One Purpose: Conserve At Solecraft Business
  • Vikrant Chowdhary Joins CleverTap As Company’s First-ever Chief Growth Officer Business
  • Sarthak Metals Limited announced its Q4 & FY22 Results Business
  • Evolvement of MMA in the Eyes of Mark Coleman Press Release
  • HyperX Reveals All-New PC and Console Gaming Gear at CES 2021 Business
  • Divyarajsinh Jadeja, the multifaceted young entrepreneur transacting success in key domains Business

EtherLite – the Next-Gen Blockchain for the Current DeFi landscape

Posted on June 21, 2021 By dsprime 16 Comments on EtherLite – the Next-Gen Blockchain for the Current DeFi landscape

New Delhi [India], June 21: Starting from mid-2016, Blockchains have found close operational relevance to the field of Logistics and e-votings. Since then, many businesses have been reluctant to fully implement Blockchain at the core of the business structure and have begun testing the technology, and are conducting low-level implementation to gauge its effects on organizational efficiency. But unfortunately, major Blockchain platforms have encountered congestion and attacks, demanding better security and scalability for building DApps.

But now, ‘EtherLite Foundation’ has come up with a solution to the above problem by excluding the issues and getting benefited from Ethereum’s existing infrastructure, and provides a stable and sustainable blockchain ecosystem. In compliance with EU Laws, the ‘EtherLite Foundation’, is now distributing utility tokens in the form of EtherLite (ETL). ETL kick-started its launch with a massive airdrop from May 01 till May 15. Now, Initial Bonding Curve Offering (IBCO) is ongoing till June 30 and this Initial Coin Offering (ICO) will later be listed for public trading on International exchanges on July 01 this year.

Ariane Cardoso, Member, EtherLite Foundation says “As per information available on the internet, in 2019, it was estimated that around $2.9 billion were invested in blockchain technology, which represents an 89% increase from the year prior. Individual use of blockchain technology has also greatly increased since 2016. According to statistics in 2020, there were more than 40 million blockchain wallets 2020 in comparison to around 10 million blockchain wallets in 2016. Additionally, a premier global market intelligence firm has also estimated that corporate investment into blockchain technology will reach $12.4 billion by 2022. Furthermore, blockchain technology has the potential to generate an annual business value of more than $3 trillion by 2030.”

Talking about EtherLite (ETL), Ariane Cardoso says, “ETL guarantees to be a faster and immutable Blockchain Network as it is built on the Proof-Of-Stake consensus mechanism making it an extremely fast processing Blockchain network at much lower costs. It is extremely scalable churning fast block times ~5S AND 10,000+ TPS and supports technologies like WEB3 that gives it a high-throughput rate.”

“Furthermore, what makes ETL great is its compatibility features. It is fully compatible with EVM, DAO, and smart-contract, giving developers a full range of options to experiment with and build explicit decentralized applications. ETL’s One-Click DApp migration tool will make the ecosystem widely interoperable. It also offers options for end-users to take part in and earn passively and handsomely. ETL Staking is one such feature that will allow users to keep the ETL network stable by staking their ETL coins and earn rewards. ETL being a community-driven project and believes in giving real value to its users; ETL Wallet will serve well for those who want to hold, send or receive funds easily. It connects easily to hardware wallets and delivers a seamless experience” she adds.

She also suggests all the Ethereum (ETH) holders just keep holding and accumulating more ETH to win more ETL.

To learn more about ‘why’ EtherLite is the next best thing that will happen to blockchain technology! Kindly visit: etherlite.org

Business Tags:Business

Post navigation

Previous Post: iTeltronics innovative product iScribe gets recognition at IMC Digital Technology Awards 2020
Next Post: ‘Reach Lives’ NGO Supports over 1000 Trans-Persons during LGBTQ+ Pride Month

Related Posts

  • Reseal.in confers Maharashtra Business Awards on business icons from the state Business
  • Riding High through Cannabis Medicine Business
  • PCTI-JanMitr organized a Play- ‘Ek Nayi Fauj’ at the auditorium of Deen Dayal Upadhyaya Gorakhpur University Business
  • Business Mint awarded Seema Thomas as the Most Prominent Women Creative Marketer – 2022 Business
  • Lucknow’s Reputed Interior Design Company Has Completed 400+ Turnkey Interior Projects Till Date Business
  • Sanjay Malhotra, Secretary, Financial Services, presided over Financial Inclusion Campaign on Vittiya Samaveshan Se Sashaktikaran Business

Comments (16) on “EtherLite – the Next-Gen Blockchain for the Current DeFi landscape”

  1. Katia says:
    December 11, 2021 at 1:56 am

    Hey there! I understand this is somewhat off-topic
    however I had to ask. Does building a well-established website
    such as yours take a massive amount work? I am completely new to writing
    a blog however I do write in my diary every day. I’d like to
    start a blog so I will be able to share my experience and
    feelings online. Please let me know if you have any suggestions
    or tips for brand new aspiring bloggers. Thankyou!

  2. Jared says:
    December 11, 2021 at 2:24 am

    Exceptional post but I was wanting to know if you could write a litte more on this topic?

    I’d be very grateful if you could elaborate a little bit further.

    Thanks!

  3. zmozeroteriloren says:
    December 6, 2022 at 12:41 am

    I am constantly searching online for tips that can assist me. Thank you!

  4. Law Books says:
    December 14, 2022 at 1:17 am

    Thank you, I’ve just been looking for information about this topic for ages and yours is the best I have discovered so far. But, what about the conclusion? Are you sure about the source?

  5. Handbook Guide to a Ansaldo - T22 (Classic Handbook Car Guide) says:
    December 20, 2022 at 5:37 am

    Hey! Do you know if they make any plugins to protect against hackers? I’m kinda paranoid about losing everything I’ve worked hard on. Any recommendations?

  6. The Best Romantic Places to Propose in Davao (Philippines) says:
    December 20, 2022 at 2:00 pm

    A large percentage of of whatever you claim happens to be supprisingly accurate and that makes me wonder why I had not looked at this in this light previously. This piece truly did turn the light on for me personally as far as this specific subject matter goes. Nevertheless at this time there is actually one particular issue I am not really too comfy with so while I make an effort to reconcile that with the main theme of the position, let me see just what all the rest of your subscribers have to say.Very well done.

  7. Learning and Understanding about Colonic malakoplakia Disease (Volume 1) says:
    December 21, 2022 at 4:28 pm

    I am not very fantastic with English but I come up this really easygoing to translate.

  8. Top Places to renew Wedding Vows in Malabo (Equatorial Guinea) says:
    December 22, 2022 at 8:51 am

    Thank you for some other magnificent post. Where else may just anybody get that type of info in such an ideal approach of writing? I have a presentation next week, and I’m at the search for such information.

  9. How to Write a Business Plan for a Compound Plasticisers And Stabilisers For Rubber Or Plastics (commission Agent) Business says:
    December 22, 2022 at 5:15 pm

    Great post. I am facing a couple of these problems.

  10. The Best Places to Take Photos in Marseille (France) says:
    December 23, 2022 at 11:39 am

    Would you be inquisitive about exchanging links?

  11. alacsony fuvardíjak says:
    December 24, 2022 at 3:11 am

    Having read this I thought it was very informative. I appreciate you taking the time and effort to put this article together. I once again find myself spending way to much time both reading and commenting. But so what, it was still worth it!

  12. The Best Places to do Work Experience Qianan (China) says:
    December 26, 2022 at 5:54 am

    Rattling wonderful visual appeal on this web site, I’d value it 10 10.

  13. Learning and Understanding about Lamellar recessive ichthyosis Disease (Volume 1) says:
    December 26, 2022 at 11:52 pm

    I have recently started a website, the information you offer on this website has helped me greatly. Thanks for all of your time & work.

  14. How to Become a Brush-fabrication Supervisor says:
    December 28, 2022 at 4:46 am

    Hello my loved one! I want to say that this article is awesome, great written and come with approximately all significant infos. I would like to see more posts like this.

  15. 10 Ways to Use Chili Sauce (Recipe Book) says:
    January 1, 2023 at 9:17 am

    Hello, Neat post. There’s an issue along with your website in web explorer, would check thisK IE still is the marketplace chief and a huge portion of other people will leave out your fantastic writing because of this problem.

  16. Europa-Road Kft. says:
    January 15, 2023 at 11:47 pm

    Hey I am so thrilled I found your web site, I really found you by error, while I was browsing on Bing for something else, Anyhow I am here now and would just like to say thanks for a tremendous post and a all round thrilling blog (I also love the theme/design), I don’t have time to browse it all at the moment but I have saved it and also included your RSS feeds, so when I have time I will be back to read more, Please do keep up the great job.

Leave a Reply Cancel reply

Your email address will not be published.

Recent Posts

  • Rajasthan’s Sarpanch initiates the ‘Garbage Free Marriage Functions’ Campaign
  • Mohit Yadav Introduces IT Security Aspirants To Top-notch Cybersecurity Trends Of 2023
  • A Pen Drive Accidentally Swallowed By A 5-Year-Old Boy Removed Endoscopically, there by avoiding major surgery
  • Bharat-Bharti and Paryatanam-Bharti organized the National Food and Cultural Festival in Ahmedabad
  • Ciceroni hosts their first pop-up in Mumbai, A curation that brings forth 20+ emerging homegrown designers from across India

Recent Comments

  • RobertSteni on Gene editing – A tool to tackle climate change and to achieve food security in the Asia Pacific – Dr. Ravi Khetarpal
  • Cynthia Wiens on Lead India Plans to Reach Every Corner of the Country with Affordable Legal Services
  • led see through screen on Gururo.com collaborates with IU University, Germany to Offer World-Class Post Graduate Certificate in Program Management
  • 1621 on Kalamandir Jewellers is now the Exclusive Brand Partner of Film Sumeru
  • 온라인카지노사이트 주소 on Gururo.com collaborates with IU University, Germany to Offer World-Class Post Graduate Certificate in Program Management
  • GUDIYA films announcing Song “CHANNA VE” Producer Rakesh Kothari Song HABIBI Remix by Dj Hardik Entertainment
  • Safety-O-Kid launches Unique Baby Safety Kits to ensure the safety of children at home Lifestyle
  • LawSikho breaks placement records in the January month Press Release
  • Hearts at Work Foundation celebrated Independence Day with Tree Plantation Press Release
  • Bani Pasricha’s latest collection NINA launched in Turkey Lifestyle
  • Global Capital Markets Ltd Plans Expansion Business
  •  Boosts Your Business, Products, and Services with PR Advertorials & Media Planning Business
  • IISB – Creating Big Wave in Political Campaign Business

Copyright © 2023 Daily News India.

Powered by PressBook News WordPress theme