aelf (ELF)

$0.082012 (1.13%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
89 $43,833,700.00 $6,776,940.00 534,480,000 ELF 83 1.13% 3% -$0.93

Exchange Pair Volume (24h) Price
Upbit ELF/KRW 24,623.00 96.0000000000
KuCoin ELF/BTC 1,319.31 0.0000097800
Omgfin ELF/ETH 3,823.04 0.0004417700
Omgfin ELF/BTC 3,311.60 0.0000097800
Omgfin ELF/UQC 1,214.18 0.9597000000
Omgfin ELF/USDT 5,839.72 0.0778210000
Livecoin ELF/BTC 175.62 0.0000096900
MXC ELF/USDT 1,782,199.00 0.0814960000
MXC ELF/BTC 703,546.00 0.0000098140
OKEx ELF/USDT 334,323.00 0.0813000000
Bkex ELF/USDT 49,159.00 0.0793000000
BitMax ELF/USDT 461,102.00 0.0816000000
MXC ELF/ETH 564,309.00 0.0004416000
Binance ELF/BTC 117,526.00 0.0000097800
XT ELF/SXC 522,869.00 0.5804000000
Biki ELF/BTC 553,870.00 0.0000098000
Binance JEX ELF/USDT 89,247.00 0.0812000000
Bithumb ELF/KRW 32,607.00 96.3000000000
Huobi Global ELF/USDT 89,483.00 0.0814000000
BitMax ELF/BTC 269,503.00 0.0000098200
XT ELF/USDT 298,397.00 0.0815000000
XT ELF/BTC 278,317.00 0.0000097800
Biki ELF/ETH 292,956.00 0.0004401300
Huobi Global ELF/BTC 5,271.55 0.0000098000
Bitrue ELF/BTC 4,303.28 0.0000097900
Bkex ELF/ETH 29,442.00 0.0004343700
COINBIG ELF/USDT 1,823.09 0.0813000000
Bitforex ELF/USDT 92,263.00 0.0811000000
OKEx ELF/ETH 54,528.00 0.0004400000
Bittrex ELF/BTC 1,541.32 0.0000097700
Upbit ELF/BTC 1,541.31 0.0000097700
BitMax ELF/ETH 50,562.00 0.0004371300
Binance ELF/ETH 6,256.43 0.0004417700
Gate.io ELF/USDT 3,711.66 0.0822000000
Huobi Global ELF/ETH 1,843.03 0.0004415700
Bitrue ELF/ETH 179.30 0.0004386100
KuCoin ELF/ETH 141.06 0.0004419000
OKEx Korea ELF/KRW 5,574.40 97.0000000000
Digifinex ELF/BTC 8,694.14 0.0000098000
Atomars ELF/BTC 180.75 0.0000097600
OKEx ELF/BTC 11,580.15 0.0000098000
Dcoin ELF/USDT 324,287.00 0.0803810000
Digifinex ELF/USDT 166,864.00 0.0813000000
BTCEXA ELF/BTC 137,304.00 0.0000097900
FatBTC ELF/ETH 107,785.00 0.0004413000
Hotbit ELF/ETH 22,756.00 0.0004288500
Hotbit ELF/BTC 17,583.38 0.0000095700
Digifinex ELF/ETH 22,163.00 0.0004390000
Atomars ELF/ETH 10.66 0.0004376000
CoinBene ELF/BTC 334,715.00 0.0000097900
CoinTiger ELF/BTC 107,473.00 0.0000107200
ABCC ELF/BTC 756,456.00 0.0000097500
Bitci ELF/TRY 12,085.71 0.4849000000
Bancor Network ELF/BNT 2,090.14 0.2339425240
Kyber Network ELF/ETH 1,813.39 0.0004410573
Bitci ELF/CHFT 1,112.32 0.0784700000
Bitci ELF/BTC 619.75 0.0000098900
Huobi Korea ELF/BTC 8.24 0.0000098000
Huobi Korea ELF/ETH 7.67 0.0004415700
Huobi Korea ELF/USDT 2.02 0.0812000000
Coinmetro ELF/EUR 0.00 0.0738387326
OKEx Korea ELF/USDT 0.00 0.0813000000
OKEx Korea ELF/ETH 0.00 0.0004400000
BCEX ELF/USDT 0.00 0.0351000000
BCEX ELF/CKUSD 0.00 0.4500000000
Coinplace ELF/BTC 7,985.25 0.0000360900
HitBTC ELF/BTC 123.64 0.0000098420
Ethfinex ELF/BTC 1,052.72 0.0000098000
Gate.io ELF/ETH 2.04 0.0004380000
GoPax ELF/KRW 483.00 94.3500000000
HitBTC ELF/USD 38.15 0.0788273000
Ethfinex ELF/ETH 459.25 0.0004323300
Bibox ELF/BTC 47.56 0.0000076100
Bibox ELF/ETH 37.33 0.0003833400
Ethfinex ELF/USD 147.38 0.0792080000
Upbit Indonesia ELF/BTC 88,791.00 0.0000097700
Purcow ELF/ETH 6,541.20 0.0004170900
OKEx Korea ELF/BTC 0.00 0.0000098000
Radar Relay ELF/WETH 0.00 0.0092140000
Allbit ELF/ETH 0.00 0.0004039400
Allbit ELF/BTC 0.00 0.0000094300
Bamboo Relay ELF/WETH 0.00 0.0092140000

Background

ælf is a decentralized self-evolving cloud computing blockchain network that aims to provide a high-performance platform for commercial adoption of blockchain technology. In order to establish a blockchain infrastructure for various commercial requirements, ælf provides an efficiency-focused multi-chain parallel-processing system with cross-chain communication and self-evolving governance. The project focuses on four main attributes: scalable nodes on a cluster of computers, parallel processing for maximum utilization of processing power resource isolation for smart contracts via independent and specialized side chains, and Interoperability and flexibility to choose from different consensus protocols (native delegated proof-of-stake (DPoS), proof-of-work (PoW), or proof-of-stake (PoS)) and private/public chains 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 the community to vote on major on-chain decisions, such as electing mining nodes, introducing new features to the system and other major decisions, which collectively enable self-evolution capability of the network.

Technology

The ælf Kernal aims to provide a minimum viable blockchain system including fundamental functions like a unified account system, block production, smart contract functions(collection and updating), and customizable consensus algorithms and block headers. Additional functionality, including the creation and execution of smart contracts, will be facilitated through a "shell" operating system (OS) that functions as the basic interactive interface to the core system. Users can either use the complete Blockchain operating system or develop a customized OS by redefining the core through new interfaces. Each node is a cluster network (e.g., a cloud network) instead of a single computer. By leveraging cloud networks as nodes, ælf aims to provide network participants with higher computational power as well as the storage capability. A parallel processing algorithm will be developed and integrated to each node to ensure the optimal utilization of all the participating computers in the cloud network. When a node handles a complex set of transactions within a smart contract, it will dissect the transactions into groups of those that do not demonstrate interdependency and process them in parallel, simultaneously. Consequently, the task time is minimized and the overall processing speed maximized. A node’s capacity can be easily scaled by adding new computers to the existing network without having to upgrade the node computer’s hardware. ælf operates as a multi-chain network where each side chain is independent and smart contracts are executed directly from a side chain, not through the main chain. Side chains aim to localize traffic concentration thereby enabling consistent transaction speed for smart contracts on other side chains. Each side chain will have the ability to host an independent set of nodes allowing it to determine its own processing speed. Side chains will be established for a specific business scenario, e.g., token issuance (ICO), an insurance database, in-game transactions, etc., and their consensus protocol, node delegation, chain privacy and various other chain qualities can be tailored to best support the specific business scenario. The main chain acts as the ledger and communications hub, focused on efficient cross chain communication, triggering of smart contracts across side chains, and effective synchronization between chains with different speeds. Over time ælf aims to bestow its network participants an entirely self-evolving authority through its voting protocol. ELF holders will have the ability vote on a diverse sets of critical decisions that will collectively shape the eco-system; this includes the decision for each side chain to host their own delegated node, choose whether the participating side chain will be public or private, determine the size and the speed of the side chain, remove or add side chains to the network, etc. The project utilizes Merkle tree root based chain indexing to communicate and interoperate with other consensus protocols such as PoW and PoS. ælf provides side chain templates to its developers for rapid smart contract development for those who do not have the in-depth understanding and capacity for ground-up smart contract coding. Technical development will be led by Beijing Hoopox Information and Technology Co., Ltd. Founded in June 2016, Hoopox focuses on providing Blockchain-based solutions for various industries. Hoopox received funding of USD 4.3 million (RMB 28 million) from seven VCs, including China Growth Capital, Draper Dragon, WeX Fintech, Taoshi Capital, Danhua Capital, and Albatross Venture, and FBG Capital.



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