Elastos redefines the internet with decentralized DApp platform, ensuring security, control, and scalable blockchain solutions. More
Fully Diluted Valuation | $36.53M |
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24H Trading Volume | $6.04M |
24H Low / High | $1.25 / $ 1.87 |
Circulating Supply | 22.88 M |
Total Supply | 26.05 M |
Max Supply | 28.22 M |
Categories | Smart Contract Platform 5 more |
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Founder | Rong Chen |
Website | elastos.net Whitepaper |
Socials | 8 more |
Chains |
Ethereum Ecosystem
1 more
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Explorer | Ethplorer 5 more |
Contracts |
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Elastos, founded in June 2017, is a revolutionary blockchain project envisioning a decentralized internet that redefines digital asset ownership. Rooted in the concept of digital IDs managing content ownership, it introduces a blockchain-powered version of the internet aiming to offer enhanced security and control over assets. The platform's mission encompasses transforming digital information into assets, emphasizing a decentralized peer-to-peer (P2P) economic infrastructure that validates digital rights and contract transfers through blockchain technology. Elastos stands out by presenting a decentralized application (DApp) platform that addresses the limitations faced by Ethereum and other DApp platforms in terms of scaling, speed, and flexibility. By separating app functionality between the main chain and side chains, Elastos optimizes blockchain usage, promising a solution to these inherent challenges.
At the core of Elastos lies its unique four-pillar approach comprising blockchain, runtime, carrier, and software development kit (SDK). These pillars allow for network separation and platform flexibility, enabling secure and efficient operations. Elastos facilitates the operation of DApps outside its operating system, ensuring enhanced security against digital threats like malware and data theft. Its carrier, a decentralized peer-to-peer internet service, offers computational power and storage rental options to users. Additionally, the software development kit integrates applications into the Smart Web, extending benefits beyond Elastos applications. With a focus on data security and user autonomy, Elastos ensures encrypted communications and blockchain-authenticated IDs, granting users control over data sharing. This blockchain-based decentralized internet and DApp platform embody a paradigm shift, offering complete control over digital assets while addressing scalability and performance issues faced by other networks.
Elastos pioneers a decentralized internet and DApp platform, revolutionizing digital asset ownership, enhancing security, and offering a scalable blockchain solution.
Rong Chen is the founder of Elastos, envisioning a decentralized internet back in 2000 and actively developing it since 2017.
Elastos has garnered support from various investors and contributors, including Cyber Republic, Bitmain, and Foxconn.
Elastos uses a hybrid consensus mechanism, utilizing auxiliary PoW (Proof of Work) and PoS (Proof of Stake) to secure its network.
You can buy Elastos (ELA) on Gate.io, Coinbase, HTX, Crypto.com, KuCoin cryptocurrency exchanges.
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