Skip to content
Herald Sheets

Herald Sheets

Live Cryptocurrency News

Follow Herald Sheets on Twitter, Facebook, Telegram, Please Read Our Disclaimer

  • Homepage
  • Start Trading
  • Guide
  • Crypto News
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Ripple (XRP)
    • Dogecoin (DOGE)
    • Cardano (ADA)
    • Litecoin (LTC)
  • Analysis
  • Blockchain
  • Mining
  • Reviews
    • Brokers
    • Exchanges
  • Regulation
  • Press Release
  • About Us
    • Contact Us
    • Privacy Policy
    • Editorial Policy
    • Submit Press Release
  • Disclaimer
  • Crypocurrency Exchanges News and Reviews
  • EtherLite (ETL)

Bitcoin.com Exchange Lists EtherLite (ETL)

Billie Harvill July 20, 2021 2 min read

Bitcoin.com is excited to announce EtherLite (ETL) listing, available for trading since July 19, 2021. EtherLite developers created ETL as their utility asset for their decentralized and borderless network with community and validators all over the globe. ETL will begin trading with ETH and USDT pairs.


trade now

What is EtherLite?

EtherLite utilizes the PoS (Proof-of-Stake) model as it aims to improve what its peer, Ethereum, has accomplished. EtherLite is ETH’s hard fork, representing the significant changes that the blockchain saw in May.

EtherLite has been riding through its journey. Besides the hard fork, it had an early exchange offering and an airdrop. It is that time the token hits exchanges. The developing team declared that top core experts audited ETL. They also announced that it would start its exchange activities in July. The team seems ambitious, referring to the project as the ‘year of ETL.’

ETL VS. ETH

EtherLite is an Ethereum’s hard fork that is a one-stop solution for NFTs, DeFi, and smart contracts. The developers designed the upgrade to address the challenges that the ETH network encounters. Keep in mind that EtherLite has the hindsight advantage. The awaited update has features like:

  • Speed – The ETL network operates over 1,000 transactions each second.
  • Low fees – Ethereum has faced high fees challenges. Some of its developers and creators switched to different Blockchains.
  • Staking – Users may stake their EtherLite on staking.etherlite.org to boosts the network’s security in exchange for returns. Ethereum transitions to the PoS from the PoW consensus model.

Another unique feature of EtherLite is that it does not have compatibility issues with EVM (Ethereum Virtual Machine). That allows developers to utilize their ‘smart’ contracts dApps built on ETH on ETL. With EtherLite, developers can port their existing ETH-based DAPPs within few months. That is according to what the project’s site says.

Bitcoin.com Exchange CEO Danish Chaudhry trusts EtherLite developers in creating a blockchain platform designed for efficiency, security, and a cheaper atmosphere. The crypto market seems in need of such services at the moment.

Do you think that EtherLite will solve the problems that the Ethereum platform faces at the moment? Comment below.

Trade Now

Continue Reading

Previous: Top 5 Bitcoin Exchanges in The UK
Next: A User Sues Coinbase For Running A Deceptive DOGE Ad Campaign

Related Stories

GameStop Announces The Launch Of A Crypto Wallet
2 min read
  • Crypocurrency Exchanges News and Reviews
  • Crypto Trading
  • Cryptocurrency
  • News

GameStop Announces The Launch Of A Crypto Wallet

May 24, 2022
Litecoin To Be Delisted Out Of Major Crypto Exchanges
2 min read
  • Altcoins
  • Crypocurrency Exchanges News and Reviews
  • Litecoin (LTC)
  • News

Litecoin To Be Delisted Out Of Major Crypto Exchanges

May 24, 2022
Binance To Launch Integration of The Optimism Network
2 min read
  • Altcoins
  • Crypocurrency Exchanges News and Reviews
  • Crypto Trading
  • Cryptocurrency
  • Ethereum (ETH)
  • News

Binance To Launch Integration of The Optimism Network

May 22, 2022

Top 10 Crypto

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$28,851.00
-1.43%
ethereum
Ethereum (ETH)
$1,771.89
-4.38%
tether
Tether (USDT)
$1.00
0.20%
usd-coin
USD Coin (USDC)
$1.00
-0.14%
binancecoin
BNB (BNB)
$302.24
-3.29%
ripple
XRP (XRP)
$0.388813
-1.28%
Binance USD
Binance USD (BUSD)
$0.99
-0.86%
cardano
Cardano (ADA)
$0.466342
-4.79%
polkadot
Polkadot (DOT)
$9.57
1.93%
dogecoin
Dogecoin (DOGE)
$0.078102
-2.14%

Recent Posts

  • Metaverse Real Estate Sells For A Record $5,000,000 inside TCG World
  • UST And LUNA Trading Volumes Soar As Terra 2.0 Airdrop Draws Closer
  • 26 May Crypto Prices: SOL, DOT, ETH, AVAX Lose Up to 5%
  • ETH Gas Fee Hits Lowest Levels Since July 2021; Ethereum On Accumulation Phase
  • CharterPrime Review – Is CharterPrime Scam or a Proper Broker?
  • Do Kwon Intends To Make Terra Classic By Forking LUNA Blockchain
  • Grayscale Is Planning On Listing Its First European Exchange Traded Fund
  • Celsius Is Planning On Taking Its Crypto Mining Business Public
  • Terra Team May Not Redeem Promised Refunds, Especially For Smallholders – Whistleblower
  • Coinbase Adds BNB Chain And Avalanche To Token Swap Service
  • Richardson Lewis Review – Is Richardson Lewis Scam or a Proper Broker?
  • PancakeSwap Guide 2022 – Everything You Need To Know About This DEX
  • Polkadot-based Smart Contract, T3rn Deploys Latest Testnet
  • Uruguayan Authorities Launch Campaign Against Crypto Scams
  • GameStop Announces The Launch Of A Crypto Wallet

Disclaimer

This website may have financial affiliations with some (not all) of the brands and companies mentioned on this website. Information found on Herald Sheets represents those of writers quoted. It does not represent the opinions of Herald Sheets on whether to buy, sell, or hold any investment assets. Investors must do their own research before investing their money and only do so at their own risk.

Categories

You may have missed

Metaverse Real Estate Sells For A Record $5,000,000 inside TCG World
3 min read
  • Metaverse
  • News
  • Press Release

Metaverse Real Estate Sells For A Record $5,000,000 inside TCG World

May 26, 2022
UST And LUNA Trading Volumes Soar As Terra 2.0 Airdrop Draws Closer
2 min read
  • Altcoins
  • Crypto Trading
  • Cryptocurrency
  • News
  • Terra (LUNA)

UST And LUNA Trading Volumes Soar As Terra 2.0 Airdrop Draws Closer

May 26, 2022
26 May Crypto Prices: SOL, DOT, ETH, AVAX Lose Up to 5%
2 min read
  • Altcoins
  • Avalanche (AVAX)
  • Bitcoin (BTC)
  • Cryptocurrency
  • Decentralized Cryptocurrency Exchange (DEX)
  • Ethereum (ETH)
  • News
  • Polkadot (DOT)
  • Price Analysis
  • Solana (SOL)

26 May Crypto Prices: SOL, DOT, ETH, AVAX Lose Up to 5%

May 26, 2022
ETH Gas Fee Hits Lowest Levels Since July 2021; Ethereum On Accumulation Phase
2 min read
  • Blockchain
  • Cryptocurrency
  • Ethereum (ETH)
  • News
  • Price Analysis

ETH Gas Fee Hits Lowest Levels Since July 2021; Ethereum On Accumulation Phase

May 25, 2022
Copyright © All rights reserved. | DarkNews by AF themes.
  • RelevantRelevant(REL)$0.825.35%
  • TadpoleTadpole(TAD)$7.32-1.74%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184213-2.11%
  • SakeTokenSakeToken(SAKE)$0.0127135.28%
  • WTF TokenWTF Token(WTF)$0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)$0.005461-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%