AELF PROJECT EXPLAINED
AELF

AELF PROJECT EXPLAINED

By Tonyjamys | Tonyjamys | 9 May 2020


 

Hello friends!!


This is Tonyjamys.


Heard of AELF project?


Maybe yes and you really want to know more about it or you are knowing about it for the first time, this article will explain all you need to know about the AELF project.

 

But first!

 

WHAT IS AELF?


AELF is an 'open source' blockchain network which was designed to serve as a complete business solution. It has a structure that can support developers to independently deploy or run DApps on individual side-chains to achieve resource isolation. This structure is a 'one main-chain + multiple side-chains' structure. The AELF technology, is the kind that adopts parallel processing and AEDPoS consensus mechanism.

AELF

(Source

 

THE PROJECT'S ACHIEVEMENTS

AELF actually achieves secure communication between the main and side chains, this is made possible on the basis of the cross-chain technology of the main-chain index and verification mechanism.

This paves way for direct exchange of information between side-chains.

Governance needs of varying applications have been met by this project (AELF) through providing different models, including;

  • A Parliament Governance Model,
  • An Association Governance Model, and
  • A Referendum Governance Model.

 

The network is well equipped with a self-sustainable system and can roll out self-development on a practical basis, through the incentive model.

 

Based on a mature IDE (Integrated Development Environment) which is provided by AELF, developers can simultaneously debug, develop and deploy applications.

 

An enterprise-level integrated blockchain solution (AELF Enterprise) has been launched by AELF. This is based on the requirements of different business scenarios.

AELF WORTH

To promote the hand-in-hand development of both blockchain and other core economies, AELF Enterprise provides enterprise-level users with a flexible, but practical modular shaped blockchain solution.

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Tonyjamys
Tonyjamys

I am a passionate writer. I write poems, prose and plays. I love seeing smiles on people's faces, I write motivational books and articles. I love Forex Trading as well. 📈


Tonyjamys
Tonyjamys

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