aelf

Overview of aelf

  • Aelf aims to solve three perceived problems with current blockchain systems: transaction capacity constraints, which inhibit the development of enterprise-level dApps; large consumption of electricity for Proof of Work (PoW) systems, which is considered economically unsustainable; and lack of governance (voting) structure, which facilitates critical code updates.
  • AELF FlightService, a newly established division of Aircraft Engine Lease Finance (AELF), has kicked off its wet-leasing and charter business, flying a reconfigured A330-200 (MSN 700) to transport cargo on behalf of Ukraine-based Windrose Airlines and Ukraine’s national postal service.
  • aelf team will count the ‘accumulated winning amount’ of the users who have received the prizes and the ‘accumulated participated times’ of all the users who have participated in the Lucky Box during the campaign, and show the top 10 on the two rankings in the App.
  • AELF FlightService is a privately held commercial aircraft leasing company with a fleet of passenger and auxiliary freight aircraft, which provides ACMI/Charter solutions in conjunction with Malta-based Maleth Aero AOC Limited.
  • aelf is envisioned as the “Linux eco-system for blockchain”, defining the most basic, essential, and time-consuming components of the system and making significant improvements based on existing blockchains in the market.
  • aelf Enterprise 1.0.0-preview3 is a one-stop blockchain solution that includes a fully developed blockchain system, development kits, and documentations along with supporting infrastructure and services.
  • AELF has a further three A330-200s already placed on Maleth-Aero’s AOC or due to be delivered to the carrier shortly: 9H-BFS (msn 472), N478DM (msn 466), and F-WWCB (msn 871).
  • Ælf, a Blockchain based company developing a ‘Cloud Operating System’ designed to become a central hub for all Blockchains, has announced a pre-sale raise of 55,000 Ether.
  • Aelf is hoping to change this by creating a blockchain-based OS that fundamentally transforms our devices at the foundation, unlocking more intuitive dApp usage.
  • Aelf finished its initial fundraising with the backing by 22 venture capital firms, with notable names including FBG, Signum, and Galaxy Digital.
  • Blockchain

    aelf is a multi-chain parallel computing blockchain framework which incorporates state-of-the-art IT design principles and technologies to bring it up to a commercial standard.The system will allow developers to customize it to meet their own needs, particularly commercial requirements for large and diverse industries.

    Mine

    A lock-mining event was held to “mine” ELF through a Proof-of-Stake system on aelf’s Candy system from July to November 2018.Several airdrops were held to increase engagement on the aelf platform and included a variety of tasks, including posting a selfie with your favorite toy.

    Network

    Before explaining how Singapore-based aelf and its OS work, let’s review the cryptocurrency market performance of ELF, the native ERC-20 token for the aelf network.

    Support

    AElf is a blockchain system aiming to achieve scalability and extensibility through the use of side-chains and a flexible design.AElf will eventually support various languages that will let developers choose the one they are the most comfortable with.To support multiple use cases AElf makes it as easy as possible to extend/customize the system by providing easy to use tools and frameworks in order to customize the chains and write smart contracts.

    Transactions

    Aelf (ELF) is an enterprise-focused blockchain platform powered by cloud computing.Aelf aims to enhance the ecosystem by providing a template and infrastructure for interaction between various sidechains.Aelf is working with the Innovation Alliance to drive blockchain adoption.Aelf was developed by Ma Haobao, who is also the CEO of Hoopox.Leveraging cloud nodes and parallel processing, Aelf is reportedly able to achieve secure transactions at scale for commercial use cases.The team is backed by the likes of Michael Arrington (CEO of TechCrunch) and the founding partner of FBG Capital.

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    What does aelf do?

    Based in Singapore, aelf is a crosschain blockchain protocol that intends to become the new internet infrastructure to support the next generation of digital businesses.The team and its advisors have been advising numerous blockchain projects in the past and they see a few industries who could be the early adopters of aelf: financial services, insurance, digital identity and IPs, smart city, and internet of things.Aelf will actively identify new business opportunities and dApps to be part of the aelf ecosystem.

    What Is AELF?

    Aelf is a multi-layer, multi-chain blockchain ecosystem similar to Ethereum.Aelf OS was developed on aelf as an open-source operating system like Linux to encourage a more cohesive dApp ecosystem.It uses both internal and external sidechains, along with a Delegated Proof of Stake consensus, to build a decentralized cloud computing network.ELF is the native ERC-20 token for the aelf platform.

    Where is the Aelf family from?

    Sorry, we couldn't find geographic distribution information for Aelf.

    History of aelf

  • In 2019, it started proferring the first A330-200, 9H-MFS (msn 700), to the market using Maleth-Aero’s AOC.