EtherLite is a blockchain platform built for efficiency; it provides a fast, secure and cheaper environment for building decentralized applications. It is fully compatible with Ethereum's tooling and Web3 technology stack and it runs on a PoS consensus algorithm.

At EtherLite, transactions become instantly irreversible, there is no need to wait tens of minutes for confirmations. EtherLite runs on a POS consensus and is extremely scalable, it provides fast block times ~5s and 10,000+ TPS.

EtherLite is fully compatible with the EVM meaning that any existing Ethereum smart contract and tooling can be used at EtherLite. Developers can port their existing Ethereum-based dApps in a matter of minutes, substantially upgrading the performance and lowering the costs. Any developer familiar with Ethereum can use EtherLite without (almost any) additional skills required.