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AELF (ELF)

Blockchain
Website
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Status
ICO

AELF is a decentralized cloud computing Blockchain platform.

AELF White Paper Whitepaper

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Medium
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User Rating
High
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Ticker
ELF
Type
Utility-token
Token standard
ERC20
FoundedSingapore
Registration year2017

What is AELF

Highlights from AELF

  • Self-evolving Main Chain and Side Chains
  • Customizable Consensus Protocols, ensuring new features and updates to be implemented in Grid
  • Highly efficient cross-chain communication
  • Using Merkel Tree to establish cross-chain indexing and communication system
  • Fast transaction processing
  • Parallel-processing + cloud service
  • Main Chain + N Side Chains
  • Fulfilling requirements of various commercial applications, reducing data redundancy
  • Optimized 'OS' architecture
  • Minimum viable system, Smart Contract Collection, unified account system

    We envision aelf as a highly efficient and customizable OS that will become the "Linux system" for Blockchain. Take Linux as an example–Linux Kernel and various Linux versions constitute the large and successful Linux family. Linux Kernel resolves the most fundamental, critical and time-consuming parts, allowing other developers to make customized systems based on application scenarios and customer needs. This makes Linux the most popular server OS, and it supports all kinds of industries.

    This same idea has been incorporated into the aelf design. First, we define and implement the aelf Kernel which includes fundamental functions of a Blockchain system, namely the minimum viable Blockchain system. Then, we develop a "shell" as the basic interactive interface for the Core. Users can either use the complete Blockchain OS, or rapidly develop a customized OS based on the Core by redefining the Core through interfaces.

    AELF Roadmap

    1
    2018.02 XW _ Parallel processing
  • Launched AELF Asset Chain based on UTXO model
  • Validate and develop AELF kernel
  • 2
    2018.05 ZQ _ Multi Side Chains
  • AELF OS
  • Launched AELF Main Chain based on AELF OS
  • Complete AELF Main Chain and AELF, Asset Chain cross-chain interaction
  • 3
    2018.08 BH _ Governance structure
  • Voting System Based on AELF Token
  • New Voting Mechanism
  • Side Chain Accessing Mechanism
  • Emergency Mechanism
  • 4
    2019.01 QL _ Official launch into business scenarios
  • AELF is commercially available and can be formally used in commercial scenarios
  • Token Sale Dates

    ICO

    Start date: Nov 28, 2017
    End date: Dec 10, 2017

    Token Allocation

    Total Token Supply 1,000,000,000 ELF

    Funding Details

    Hard Cap 24,800,000 USD
    Funds Raised (as of now) 24,750,000 USD

    Token distribution


    10% - advisors, partnership
    16% - team
    12% - PoW+PoS
    12% - foundation
    25% - sale
    12% - marketing/airdrop

    Token Price and Payment Options

    Token price USD 1 ELF = 0.099 USD
    Accepted Currencies ETH

    Project team

    Ma Haobo
    Ma Haobo
    Founder
    Chen Zhuling
    Chen Zhuling
    Wen Shan
    Wen Shan
    Rong Peng
    Rong Peng
    Yang Yalong
    Yang Yalong
    Deng Guanglei
    Deng Guanglei
    Liam Robertson
    Liam Robertson
    Zhou Shuoji
    Zhou Shuoji
    Kenneth Oh
    Kenneth Oh
    Michael Arrington
    Michael Arrington

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