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Aelf (ELF) is a blockchain-based cloud computing focused platform that was founded in 2017 by Ma Haobo. Like other cloud computing focused projects, it lets users rent spare computing resources out to others on the network, for which they are rewarded in ELF tokens. The network uses a Delegated Proof-of-Stake (DPoS) consensus algorithm.

The team says that there are three elements to the platform that make it an ideal choice for cloud computing: high performance, resource segregation, and optimized governance structure. As described by the team, the first is achieved through the consensus mechanism, the second through the use of side chains and cross-chain communication, and the third through the token structure that allows users to vote on how the platform evolves. The platform is marketed as a highly customizable OS that the team wants to be the “Linux system” for blockchain. 

The key areas of development are facilitating a highly customizable OS, cross-chain communication, performance improvements and private chain modules. Another important area in the team’s vision for the platform is in the ecosystem. The team will focus strongly on ecosystem development in three major areas: technology, business and capital. Targeted industries include financial services, digital identity management, the Internet of Things and smart cities. 

In 2019, Aelf has worked to expand its ecosystem. It is now supported by both Microsoft’s Azure cloud platform and Amazon’s AWS. Partnerships include Japanese gift card provider Amaten. 2020 will see the project move into phase 5, which will test and enhance features that have been developed in the field.

Aelf Project Update - Finding utility to the $ELF tokens

2 Nov 2022 2 minute read 9 comments PVM

After 2 years of slaking on Atomic Wallet, my $ELF tokens moved to Binance. This happened only because of the new locked staking that were added last month.  I am a crypto enthusiast since 2015 and I consider up to date with cryptocurrencies news. It...

The hustle never stops on Binance - Passive income and locked staking

17 Oct 2022 2 minute read 2 comments PVM

Been few months since my last Binance article, and nothing major happened since May. Few events, few updates, new staking options but no Launchpool or Launchpad since the start of the bear market. Maybe it's true that the bear market is for building!...

aelf (ELF) has formed bullish Shark for upto 56.5% move

7 Apr 2021 1 minute read 0 comments moon333

Hi dear friends, hope you are well and welcome to the new update on aelf (ELF) token. After the extreme sell of, on daily time frame chart, the price action of ELF has extended the final leg and formed bullish Shark .

All ELF rewards for the aelf Mainnet Full FunctionTryout will be replaced with mainnet ELF Token with a new Referral Prize Pool!

10 Feb 2021 2 minute read 1 comment aelf_blockchain

  The aelf Mainnet Full Function Tryout is in full swing, offering prizes worth up to $200,000 USD. Up to now, the TVL has exceeded 17.3 million ELF, we’d like to say thank you to our community members for your active participation. In response to th...

aelf Mainnet’s Full Function Tryout will Bring the Maximum of $200,000 USD Prizes including ELF Mainnet Token, Tesla Car, iPhone 12 and PS5, etc.

10 Feb 2021 6 minute read 0 comments aelf_blockchain

  Before token swap, aelf will carry out the mainnet’s full function tryout for the community. Join the event and you’ll have a chance to win prizes worth $200,000 USD, including ELF (Mainnet Token), a Tesla car, iPhone 12, PS5 and a lot more! Users...

Do you know what incentives are available to aelf’s users?

18 Jan 2021 6 minute read 3 comments aelf_blockchain

On February 17, 2020, the aelf Economic & Governance model was announced on Twitter with a link to the Economic and Governance Whitepaper. This whitepaper provides insight into the financial structure of running a node on the aelf blockchain. It...

Overview of multi-chain-structure data in the 3rd week since aelf mainnet launch

4 Jan 2021 1 minute read 2 comments aelf_blockchain

On 25 December, aelf’s first side-chain was deployed on the mainnet. So far, aelf has launched the main chain and side-chain step by step. The multi-chain structure of the mainnet is now up and running. As of 16:00, 31 December, the data for the...

Review of aelf’s Achievements in China in 2020

4 Jan 2021 5 minute read 0 comments aelf_blockchain

The year 2020 is coming to an end. In this ‘Magical’ year, although the coronavirus swept across the world, it did not affect the development of the blockchain industry. Public chains and their ecosystems have made great breakthroughs. Moreove...

Winners List of aelf Wallet Public Testing

25 Dec 2020 1 minute read 6 comments aelf_blockchain

  The launch of the aelf mainnet on December 10 means that aelf has entered phase 1: Mainnet Security Monitoring. During phase 1, we will actively access the mainnet with the exchange to prepare for token swap. But before that, we launched the aelf w...

aelf Mainnet Goes Live - The biggest milestone yet

10 Dec 2020 3 minute read 0 comments aelf_blockchain

aelf mainnet has gone live on December 10th! Starting today, all users will be able to download and access the latest version of aelf Enterprise 1.0.0. Alternatively, you can try the latest version through the aelf Explorer. aelf GitHub:https...