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aelf ELF#206

$0.45
-1.68% (-$0.008, 24H)
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  • Market Cap$242,653,161
  • Volume (24H)$29,379,922
  • Circulating Supply544,480,200
  • Max Supply1,000,000,000
  • High (24H)$0.46
  • Low (24H)$0.42
  • Change (1H)-0.0047%
  • Change (7D)4.37%
  • Change (1M)-14%
  • Change (1Y)535.78%

Aelf (ELF) launched in 2017 after an initial token offering to private investors. An open-source blockchain, based on ‘parent-child’ architecture similar to Ethereum’s ‘sharding’, avoids system overload; that cross-chain technology means that aelf offers secure communication between main and sidechains, where developers can use DApps in resource isolation. With Parallel Processing and AED Proof-of-stake consensus, aelf’s technology is secure and flexible too, while different models (Parliament, Association, Referendum) allow for governance of diverse applications. Aelf’s delegated Proof-of-stake allows token holders to vote on which nodes become mining nodes, and those nodes decide in turn how to distribute mining bonuses to the other nodes and stakeholders. aelf aims to be a ‘complete business solution’, and its recent launch of aelf Enterprise (an enterprise-level integrated blockchain platform) looks set to cement that aspiration.

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