Ellipsis [OLD] Price (EPS)
Ellipsis [OLD] Price Chart (EPS/USD)
Last updated 14 Nov 2022, 14:31PM UTC. Currency in USD.
|1||LATOKEN||EPS / USDT||$0.04732343||2.06%||$1,541|
|2||Hotbit||EPS / USDT||$0.08005600||4.74%||$15|
|3||ProBit Global||EPS / BTC||$0.01692496||61.63%||$18|
|4||HitBTC||EPS / USDT||$0.03914672||22.76%||$4|
|5||Poloniex||EPS / USDT||$0.06915500||0.48%||$1|
|6||FMFW.io||EPS / USDT||$0.05002300||22.76%||$0|
|7||Decoin||EPS / USDT||$0.10314200||2.82%||$53|
EPS Price Statistics
- Ellipsis [OLD] Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $3,069
- Market Cap Rank #499
- Market Cap $29,796,564
- Volume / Market Cap 0.0001
Mar 24, 2021
Jul 29, 2022
What is Ellipsis (OLD) Cryptocurrency?
Ellipsis (OLD) is a decentralized digital currency also known as a cryptocurrency. It operates on a peer-to-peer network called the blockchain without the need for any central authority or intermediary. Ellipsis provides users with a secure and efficient way to make transactions and store value.
Ellipsis offers several key features that set it apart from traditional forms of currency:
- Decentralization: Ellipsis is not controlled or regulated by any single entity, making it resistant to censorship and manipulation.
- Security: Transactions made with Ellipsis are highly secure due to advanced cryptographic algorithms and the blockchain technology.
- Privacy: Ellipsis provides users with a certain level of anonymity when conducting transactions, offering increased privacy compared to traditional banking systems.
- Efficiency: Ellipsis transactions can be processed quickly and at a lower cost compared to traditional banking systems, particularly for cross-border transfers.
How Ellipsis Works
Ellipsis utilizes blockchain technology to record and verify all transactions made with its cryptocurrency. The blockchain is a decentralized ledger that contains a complete history of all transactions, maintained and updated by network participants known as miners.
When a user initiates a transaction using Ellipsis, it is broadcasted to the network. Miners then validate the transaction and include it in a block. These blocks are then added to the blockchain, creating a transparent and immutable record of all transactions.
Ellipsis offers a wide range of use cases and potential applications:
- Remittances: Ellipsis can be used to make fast and affordable cross-border money transfers.
- Online Purchases: Many online retailers are starting to accept Ellipsis as a form of payment.
- Investment: Some individuals purchase Ellipsis as an investment, hoping its value will increase over time.
- Peer-to-Peer Transactions: Ellipsis enables direct transactions between individuals without the need for intermediaries like banks.
Ellipsis (OLD) cryptocurrency offers users a decentralized, secure, private, and efficient way to conduct transactions and store value. Its use cases extend beyond traditional banking systems, and it continues to gain popularity as more individuals and businesses recognize its potential. As with any investment, it is essential to educate oneself and stay informed about the risks associated with cryptocurrencies.