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Elucks Token is an eco-friendly digital currency. It runs in Binance block chain enables peer-to-peer transfers and it's technology to operate with no hi central authority or banks; managing transactions are carried out collectively by the network.
There is no central control over the currency. Elucks Token is open source, community driven, decentralized. Developers are all volunteers. The Elucks Token community and developers are working towards mass-adoption of the use of the currency in real-life. From encouraging local busineses to accept Elucks Token as a method of payment to the entry level person sharing Elucks Token with a friend. Share money, wire money, or just send a gift to a friend, Elucks will make this possible!
Fast Transactions
Elucks Token can be transferred in less than 3 seconds making it a fast alternative to Bitcoin in which transactions require 10 minutes for confirmation! The original Elucks is now thought of as the gold standard for digital currencies. Elucks Token is a solution now for smaller faster transactions, with lower fees. It is intended for real-life solutions and transactions.
Low Fees and Deflationary!
Currently, the fee to send a $25 Elucks transaction, e.g. to pay for a decent meal, is around $0.42. The same transaction paid with Elucks Token would cost less than $0.01. i.e. Almost free! Elucks is also deflationary.
Energy Efficient
Elucks Token is eco-friendly.
Unlike Elucks, which requires traditional mining equipment that uses an exorbitant amount of energy, Elucks Token requires very little energy to maintain its network.
Decentralized Team
Elucks Token is a globally distributed decentralized digital currency with no central ruling company. No headquarters, CEOs, or CFOs. Elucks is maintained by the community.