
Byzantine
compatible asset
Let’s begin by understanding what being Byzantine fault tolerant actually means. The term Byzantine fault tolerance is derived from a hypothetical scenario called the “Byzantine General’s Problem”. This hypothetical scenario was developed to describe a situation in which, in order to avoid failure of a distributed system, the system's actors must agree on a concerted strategy, but some of these actors are unreliable. It uses a planned attack on an enemy city by four Byzantine generals. These generals and their armies are each occupying a different side of the city and so are totally separated from each other, making direct, coordinated communication impossible. In order to plan their attack – or retreat – they must use their own messengers to handle communication and so they each send their messengers to share their plan with each other. All decentralized networks (distributed ledger, such as a blockchain) have independent nodes that act like the byzantine generals in the hypothetical situation above. These nodes must come to an agreement, or consensus, on things like: transactions submitted to the network, the ordering of those transactions, and the state of the network itself. These network nodes are likely separated from each other geographically, virtually, architecturally, and sometimes even ethically.
Limitations of the Strategy:
-The system may not always adapt to sudden or unexpected market events (e.g., market crashes, geopolitical issues, or global economic changes).
Elevate tests and optimizes all our trading strategies on a reasonably regular basis so as to ensure that the strategies are best suited to the most recent market data. You should always refer to the most RECENT version of the included trade results. Please review all the information provided to you including but not limited to; individual trade drawdowns, run ups, net profits etc., so that you may freely decide what risk management, take profit, leverage etc. strategies are best for you and your trading objectives.
IMPORTANT: ALL ELEVATE RESULTS DO NOT INCLUDE ANY LEVERAGE OR MARGIN. These results are based on a 100% reinvestment rate (ie; you reinvest your profits and allow them to compound). Past results and backtested results do not guarantee future performance. Given your use of leverage and stop losses, your results may differ.
About Elevate:
Business & Trading Experience: I have been actively trading crypto currency for the past 7 years. My background includes running a trading group since 2018. Prior to cryptocurrency, I was a penny stock trader where I gained knowledge of how markets and market makers work as well as the basic fundamentals of technical analysis (TA).
Criminal, Civil, or Regulatory History: I have not been subject to any criminal indictments, civil actions, misdemeanors, or regulatory actions in the past 5 years.
Conflicts of Interest: I do not trade on behalf of others. I do not receive outside compensation or have any known conflicts that would affect the integrity of this strategy.
Risk Disclosure:
-Trading involves significant risk, including the potential loss of principal. It is possible to lose all or part of your investment.
-The strategy does not account for all possible market scenarios and may not perform well in all market conditions, particularly during periods of high volatility or low liquidity.
-Automated strategies are reliant on data inputs, algorithms, and systems that can experience technical failures, errors, or malfunctions.
-You should consult with a qualified financial professional before making any investment decisions. The use of this automated strategy is at your own risk, and you are solely responsible for understanding your financial situation and risk tolerance before utilizing the strategy. No Guarantee of Future Performance:
-There is no guarantee that the use of the automated strategy will result in profits. The strategy's performance could be affected by unforeseen market conditions, and past performance is not indicative of future results.
-The automated nature of the strategy does not eliminate risk, and it is possible to experience significant losses.
Additional Risk Considerations, Market Risk:
-All trading carries risk, and it is possible to lose money.
-Automated strategies may not perform well in volatile, illiquid, or unpredictable market conditions.



