[ANN][ELF] Aelf - Scalable Blockchains: Multi-Chain / Parallel Processing
DISCLAIMER : I'm not involved into the aelf team
The aelf team have locked one thread (https://bitcointalk.org/index.php?topic=2981434) and locked the other to its personnal use as they delete all posts (https://bitcointalk.org/index.php?topic=2981592).
So this post will be no-censored and will contain discussion about aelf
The aelf team have locked one thread (https://bitcointalk.org/index.php?topic=2981434) and locked the other to its personnal use as they delete all posts (https://bitcointalk.org/index.php?topic=2981592).
So this post will be no-censored and will contain discussion about aelf
ælf : The New Generation of scalable Blockchains: A new platform enabling developers to construct a multi-chain structure with parallel processing
Whitepaper Website Twitter Telegram Facebook Medium Reddit GitHub
Binance Bitfinex Bibox BCEX BigONE CEX Gate.io Huobi.pro Hypex.io KKEX OKEX OTCBTC GOPAX
Weve started making bi-weekly progress updates to give investors an insight into current developments:
1. First report (Jan 14th 2018)
2. Second report (Jan 28th 2018)
Our new candy system (Azeroth) has officially launched, in order to sign up for the bounty system you will need an invitation code.
For more information check our Reddit
ELF tokens are used to pay resource fees in the system, such as the deployment of smart contracts, operating and upgrading
of systems (transaction fees, cross-chain data transfer fees). It also enables the community to vote on major decisions, such as
electing mining nodes, introducing new features to the system and other major decisions.
Max Supply: 1 billion ELF
Circulating Supply: 280 million ELF
Private Sale Price：1 ETH = 4,545 ELF （ETH price @450 USD by the end of private sale）
Token Contract Address: 0xbf2179859fc6D5BEE9Bf9158632Dc51678a4100e
Token Symbol: ELF
Decimals: 18
- A complete guide to Aelf
- Why Aelf chose for DPoS
- Thoughts on the first week after Aelf token distribution written by our COO Zhuling
- What is Aelf- The Merkle
- Explaining Side Chains, The Next Breakthrough In Blockchain - Forbes
- Aelf Creating A Silent Revolution In The Blockchain World - Valuewalk
ELF VS CMC
Cosmos (CMC universe coin) is a continuation of ideas put forward by the multi-chain system, the Satoshi's PoW consensus
algorithm replaced by Jae Know's Tendermint consensus algorithm. Tendermint, a Byzantine-fault-tolerant algorithm, is
optimized for PBFT and requires only two rounds of voting to reach a consensus.
Essentially, it contains multiple blockchains (running in the zone) using separate instances of Tendermint, and a chain of
hubs using de-trusted communication. Cross-link communication is limited to the transfer of digital assets, this cross-link
communication can return data and path, such as sending the sender information of the transfer status.
Aelf's cross-link communication is not only capable of transferring digital assets, but also able to pass any other information.
For example, aelfs sidechains can trigger contract execution on other sidechains.
In addition, Tendermint did not come up with a parallel processing model on a single chain, so a chain also has its own
limitations. CMC performance is limited to a single machine, scalability will only be reflected when using multiple instances of
tendermint.
Aelf has proposed that parallel processing on a single strand will dramatically increase the upper limit of single-strand processing
capacity.
ELF VS EOS
Both EOS and aelf have proposed to use parallel processing to handle transactions, but the difference is that EOS only processes
in parallel on the main chain, while aelf's parallel processing framework enables parallel processing on all side chains.
By doing this, parallel processing will be performed on both the backbone and the sidechains.
ELF VS ETH
Ethereum has no scalability, no isolation of resources, and the popularity of CryptoKitties, CryptoZombies and more games to
come will block the transfer of the entire Ethereum network.
Aelf adopts the architecture of resource isolation to ensure that the surge of traffic on one chain will not affect the efficiency
of any other chain.
Whitepaper Website Twitter Telegram Facebook Medium Reddit GitHub
Binance Bitfinex Bibox BCEX BigONE CEX Gate.io Huobi.pro Hypex.io KKEX OKEX OTCBTC GOPAX
Weve started making bi-weekly progress updates to give investors an insight into current developments:
1. First report (Jan 14th 2018)
2. Second report (Jan 28th 2018)
Our new candy system (Azeroth) has officially launched, in order to sign up for the bounty system you will need an invitation code.
For more information check our Reddit
ELF tokens are used to pay resource fees in the system, such as the deployment of smart contracts, operating and upgrading
of systems (transaction fees, cross-chain data transfer fees). It also enables the community to vote on major decisions, such as
electing mining nodes, introducing new features to the system and other major decisions.
Max Supply: 1 billion ELF
Circulating Supply: 280 million ELF
Private Sale Price：1 ETH = 4,545 ELF （ETH price @450 USD by the end of private sale）
Token Contract Address: 0xbf2179859fc6D5BEE9Bf9158632Dc51678a4100e
Token Symbol: ELF
Decimals: 18
- A complete guide to Aelf
- Why Aelf chose for DPoS
- Thoughts on the first week after Aelf token distribution written by our COO Zhuling
- What is Aelf- The Merkle
- Explaining Side Chains, The Next Breakthrough In Blockchain - Forbes
- Aelf Creating A Silent Revolution In The Blockchain World - Valuewalk
ELF VS CMC
Cosmos (CMC universe coin) is a continuation of ideas put forward by the multi-chain system, the Satoshi's PoW consensus
algorithm replaced by Jae Know's Tendermint consensus algorithm. Tendermint, a Byzantine-fault-tolerant algorithm, is
optimized for PBFT and requires only two rounds of voting to reach a consensus.
Essentially, it contains multiple blockchains (running in the zone) using separate instances of Tendermint, and a chain of
hubs using de-trusted communication. Cross-link communication is limited to the transfer of digital assets, this cross-link
communication can return data and path, such as sending the sender information of the transfer status.
Aelf's cross-link communication is not only capable of transferring digital assets, but also able to pass any other information.
For example, aelfs sidechains can trigger contract execution on other sidechains.
In addition, Tendermint did not come up with a parallel processing model on a single chain, so a chain also has its own
limitations. CMC performance is limited to a single machine, scalability will only be reflected when using multiple instances of
tendermint.
Aelf has proposed that parallel processing on a single strand will dramatically increase the upper limit of single-strand processing
capacity.
ELF VS EOS
Both EOS and aelf have proposed to use parallel processing to handle transactions, but the difference is that EOS only processes
in parallel on the main chain, while aelf's parallel processing framework enables parallel processing on all side chains.
By doing this, parallel processing will be performed on both the backbone and the sidechains.
ELF VS ETH
Ethereum has no scalability, no isolation of resources, and the popularity of CryptoKitties, CryptoZombies and more games to
come will block the transfer of the entire Ethereum network.
Aelf adopts the architecture of resource isolation to ensure that the surge of traffic on one chain will not affect the efficiency
of any other chain.