Alitas (ALT)

What is Alitas Crypto Currency? Alitas (ALT) is a native cryptocurrency token of the Alitasnetwork and blockchain. It is designed to enable a decentralized and trustless system of peer-to-peer payments, using blockchain technology. Alitas is a new altcoin that seeks to solve many of the issues that traditional currencies and payment systems have. Alitas was founded in 2018 by Güneş Topuz, a Turkish blockchain and fintech expert. Who founded it? Alitas was founded in 2018 by Güneş Topuz, a Turkish blockchain and fintech expert. Güneş Topuz is an experienced blockchain technology and fintech professional with many years of expertise in the banking and financial technology sector. He previously founded Alibase in 2013 and turned it into one of Turkey’s leading fintech companies. What makes it unique? Alitas is a unique cryptocurrency that is built with proof-of-burn consensus. This allows users to create new coins by burning coins already in circulation. The burning mechanism acts as a kind of “governance” that allows Alitas holders to adjust its supply by burning a portion of their coins. This helps to keep the coin inflation rate low, and to prevent Alitas from becoming devalued. It is also a privacy-focused altcoin that uses the stealth address feature. Stealth addresses are similar to “pseudo” addresses that hide the sender and recipient’s personal addresses, allowing for private transactions. Where is it used? Alitas is still a very new altcoin, and so is not yet used as a payment system in any major capacity. It is, however, listed on several popular exchanges, allowing users to purchase and trade Alitas for other cryptocurrencies. It is also supported by several wallets, allowing users to store their Alitas. Where to buy/sell it? Alitas is available for purchase and trading on several popular exchanges, such as Coinbase Pro and Bittrex. It can also be used to purchase other goods and services. Users can also buy and sell Alitas on peer-to-peer networks like LocalBitcoins. Users will need to take precautionary steps to ensure the security of their transactions when buying or selling any cryptocurrency.