ERC20 Token
Aelf (ELF)
ælf, is a decentralized self-evolving cloud computing network. To establish a Blockchain infrastructure for various commercial requirements, ælf provides a highly efficient multi-chain parallel-processing system with cross-chain communication and self-evolving governance. It brings three innovations namely scalable nodes on cluster of computers, resource isolation for smart contracts via “one chain to one smart contract” and voting through token holders.
“ELF tokens are used to pay resource fees in the system, such as deployment of smart contracts, operating and upgrading of systems (transaction fees, cross-chain data transfer fees). It also enables community to vote on major decisions, such as electing mining nodes, introducing new features to the system and other major decisions. ”
Buy & SellConcerns
- Plenty of competition in this area although Aelf does seem ahead of the curve in terms of progress.
- Scalability is always a concern with data storage on the Ethereum Network.
- No other concerns. A solid long term investment if scaling is addressed in the future.
Official Links
Token Details
Token Type
ERC20
Powered by the Ethereum Network. Can be stored on any ERC20 compatible wallet e.g MyEtherWallet
Token Statistics
Supply
• Ticker: ELF
• Total Supply: 280,000,000
• Circulating Supply: 250,000,000
• Token Use: Resource Fees.
Founders
The Team
• Ma Haobo (CEO)
• Chen Zhuling (Team Member)
• Fu Li (Team Member)
• More
Industry
& Competitors
• Decentralized Data Storage
• Cloud Storage
• Competitors – Dadi, Siacoin.
