Elosys Documentation
  • Elosys
  • Introduction
    • About Elosys
    • Why use $ELO
    • Why PoW
    • Why Wrapped ELO
    • Blake3 Algorithm
    • zkSNARK
    • Artificial Intelligence Layers
  • Tokenomics
    • Context & Definitions
    • Emissions Curve
    • Omega Ω Supply
  • Technical
    • Testnet
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  1. Introduction

Why use $ELO

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Last updated 5 months ago

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Currencies like $ELO promote decentralization by creating a global ledger that no single person can modify. When you run Elosys, you help keep this ledger secure by checking that transactions are following the balances in the ledger. By running Elosys, you help keep you and your communities coins secure.

The advantage of using $ELO is that it is fundamentally private. Other people cannot see the amount sent, or the recipient without your permission. This privacy is enabled by . This is different from Bitcoin which is fundamentally public.

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