Brief overview of ALLTRA.

Alltra is a fully developed, EVM based, independent blockchain ecosystem, having their own coins, tokens, marketplace, projects, and exchange all hosted on the Alltra Chain Network (Alltra Chain). It enables users to buy, sell, swap, and develop.

Alltra’s coins and tokens comprise the gold-backed, hard-tethered stable coin 11::11, the Hyper-Barter Exchange (HYBX) Token, the ALL Coin, and the Alltra Dollar Coin (Alltra Dollar). The Alltra coins and tokens are already in use across multiple exchanges. They are all designed specifically to complete the ecosystem, amongst others to stimulate commerce, advancements in DeFi, maximising  usage of Alltra Chain, promoting business marketing efficiencies, and developing projects.

Why Alltra Chain? Through many years of experience, we became frustrated with the cost of building and transacting (e.g., gas fees) on the Ethereum and Bitcoin networks. We decided to launch our own network and move the whole project over to it. In the end we settled on the Delegated Proof of Stake (DPoS) consensus, due to its low energy usage, very high transactions per second (TPS) rate, as well as the rewards and compensation protocol that can exist.

Alltra Chain Protocol:  Alltra Chain uses the DPoS mechanism to elect a validator. Thus, this constant election of validators keeps the blockchain safe from any malicious activity. There is delegation through staking with validators. Those users who choose to stake, are referred to as ‘delegators.’ A delegator is free to choose any validator (or validators) and stake any amount of coin with them to participate. The most convenient way to delegate coin to a validator is via a chain staking platform. ALLTRA Chain is a decentralized EVM-compatible public blockchain that powers the blockchain platform and ecosystem. It is fully compatible with Ethereum, meaning that any smart contract that can be deployed on the latter can also run on top of Alltra Chain.