About ELF
aelf is an open-source blockchain network designed as a complete business solution. The structure of ‘one main-chain + multiple side-chains’ can support developers to independently deploy or run DApps on individual side-chains to achieve resource isolation. aelf technology adopts Parallel Processing & AEDPoS Consensus Mechanism. Based on the cross-chain technology of the main-chain index and verification mechanisms, aelf achieves secure communication between the main-chain and all side-chains, as a result, allows direct interoperability between side-chains.aelf meets the governance needs of varying applications by providing different models, including a Parliament Governance Model, an Association Governance Model, and a Referendum Governance Model. Through the incentive model, the network is equipped with a self-sustainable system and can roll out self-development on a practical basis. Simultaneously, developers can debug, develop and deploy applications based on a mature IDE, provided by aelf.aelf has launched aelf Enterprise, an enterprise-level integrated blockchain solution. aelf Enterprise is based on the requirements of different business scenarios. To meet the requirements of several industries including supply chain management, credit establishment, user incentives, and property protection, aelf Enterprise provides enterprise-level users with a flexible, but practical modularized blockchain solution. This promotes the hand-in-hand development of both Blockchain and other core economies.
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Frequently Asked Questions
Is aelf (ELF) a Good Investment?
Read Moreaelf offers a range of features and factors that position it as a good investment. aelf’s Unique ArchitectureSeparating the main and side chains allows for efficient use of resources and avoids interference between dApps.Applicability of aelf Network The aelf project has focused on creating a user-friendly platform that helps businesses leverage the benefits of blockchain technology. This has led to solid adoption in the corporate world.aelf's Established Partnerships In addition, aelf has established strong partnerships with key players in the industry, strengthening its credibility and providing the opportunity to spread its technology further.
What Is aelf Price Prediction?
Read MoreWhile it is impossible to provide a reliable ELF price prediction, we could recommend the following factors to help you understand the price movements and volatility in this cryptocurrency: Future Developments in aelf EcosystemThe progress and advancements in the technology and development of the aelf blockchain network can influence the token's price. Upgrades, successful implementations, and improvements to the platform can generate positive attention and attract investors.Level of Adoption of aelf Blockchain The adoption of aelf's technology and its integration into various industries and sectors can have a positive impact on the token price. Increased usage and real-world applications can demonstrate the value and utility of the aelf ecosystem, attracting more investors.aelf's Partnerships aelf has already established strong partnerships in the industry, which strengthens its market position and could contribute to a higher ELF price.aelf's Strong Community of Developers Third, aelf has built a strong community of developers and users that contribute to the stability and growth of the network. A strong community can increase the demand for a token and thus lead to a rise in price.
What Is aelf's Tokenomics?
Read MoreThe ELF token is the native token of the aelf network. It has a total supply of 1 billion ELF, and the tokens are distributed in various ways to support the network and promote its development.ELF coins pay for transactions and services within the aelf network. They also serve as an incentive for participating in network security through staking and voting.The aelf network uses an inflationary model to generate new ELF tokens and distribute them to participants in the network. The inflation rate is set at 5% per year to support the growth and security of the network.
How to Stake ELF Token
Read MoreStaking ELF is done through a process called Delegated Proof of Stake (DPoS). In the DPoS system, ELF token holders can "stake" their tokens to receive voting power. These votes can then be used to elect block producers (delegates) who validate transactions and add new blocks to the aelf blockchain.Users must hold their ELF tokens in a compatible wallet to stake ELF. They can then "stake" all or part of their ELF tokens to receive voting power. The number of votes received depends on the amount of ELF tokens staked.The elected delegates receive rewards through ELF tokens for their services. These rewards are then distributed to the voters based on the number of votes they have cast.
Who Are aelf's Partners?
Read Moreaelf has formed several strategic partnerships to promote its technology and expand its reach. These partners include leading companies in the technology and blockchain industry.One of the most notable partners is Huawei Cloud, the cloud computing branch of technology giant Huawei. Huawei Cloud has partnered with aelf to provide blockchain solutions for enterprises.Another important partner is Amazon Web Services (AWS). aelf is an official technology partner of AWS and offers its blockchain solutions through the AWS platform.Other partners include Decentraland, a blockchain-based virtual world, and Theta Network, a decentralized video streaming network.
What is the all-time high price of aelf (ELF)?
Read MoreThe all-time high of ELF was 2.77 USD on 2018-01-07, from which the coin is now down 78.23932701397112%. The all-time high price of aelf (ELF) is 2.77. The current price of ELF is down 78.23932701397112% from its all-time high.
How much aelf (ELF) is there in circulation?
Read MoreAs of
, there is currently 733.99M ELF in circulation. ELF has a maximum supply of 1.00Bn. What is the market cap of aelf (ELF)?
Read MoreThe current market cap of ELF is 442.43M. It is calculated by multiplying the current supply of ELF by its real-time market price of 0.602770641713.
What is the all-time low price of aelf (ELF)?
Read MoreThe all-time low of ELF was 0.03501316
, from which the coin is now up 1621.5545289628242%. The all-time low price of aelf (ELF) is 0.03501316. The current price of ELF is up 1621.5545289628242% from its all-time low. Is aelf (ELF) a good investment?
Read Moreaelf (ELF) has a market capitalization of $442.43M and is ranked #207 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze aelf (ELF) price trends and patterns to find the best time to purchase ELF.