Ellcrys is primarily a blockchain for creating decentralized organisations that are focused on creating open, transparent and multi-owned software products. These products can be dApps, web sites, web applications and APIs, mobile applications, libraries/packages and more. We first provide a decentralized code sharing and collaboration system that allows people to start, join and contribute to projects without fear of censorship. Ellcrys will allow thousands of people share ownership of 100% of any kind of application and participate in the governance process that determines how the applications are created, updated, executed, marketed, monetized and acquired. While Ellcrys will offer a dApp system, it is more than a virtual machine for blockchain applications.

I think the major difference between Ellcrys and its competitors is that we are building a protocol that understands collaboration natively. A protocol that defines how software is owned - platforms of today cannot do this without depending on a central authority - and allows thousands to manage that software. When we launch, collaborators will be able to build decentralized and centralized applications that are primarily governed from the blockchain.

Our consensus system is based on BitcoinNG which allows the network to process transactions at a scale similar to visa. Waves blockchain has already implemented BitcoinNG and is currently one of the fastest blockchains in the industry.

We are currently in advanced talks with exchanges with volume above $1B. I am unable to disclose their names until we officially reach agreement in July.

Feel free to read our whitepaper for a more detail breakdown of our protocol.
You can also check out our protocol page on our website.
We have released v0.1 of our protocol. We still have more work to do but you can join the test network today. Click here to get started.