The risks in a digital society stem from the excessive amount of personal data attached to the traditional, centralized, third-party verification cycle most transactions today, subscribe to.
As the world delves further into the digital virtual reality, taking much we care about and that is personal into this space. Technologies and protocols need to be developed to protect the privacy and integrity of our data.
Telecoin has been developed to improve the security and privacy of transfers and transactions in a globalized fast paced world with greater digital risks. Whilst providing a long-term energy- efficient crypto-currency to the world.
With this in mind 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, 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.
The aim is to create a network based on a fair and trust-less interactions, whilst rewarding those who help to maintain, grow and contribute towards the future development and growth of infrastructure.
With most networks providing a 50/50 split in the rewards a Masternode would provide, Telecoin issues a 60/40 spilt giving those the greatest return to the host of the node. We felt this a better means to show our intentions to those who act as pillars within the community and network.