Overview of aelf
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.
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.
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.
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.
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.