Aelf (ELF) Price
$0.1417 0.27%
Latest Updates
Updated at 10:40Market cap
$112,723,970.87
Market rank
#305
Volume 24H
$4,386,679.87 34.43%
Price change 24h
-$0.00038 0.27%
Price change 7d
-$0.01209 8.53%
What about Aelf?
Aelf (ELF) is a blockchain-based operating system that seeks to provide a high-performance and efficient platform for creating decentralized applications (dApps). It supports multiple programming languages, including C#, Java, and Python, and provides developers with a software development kit (SDK) and various tools for building and testing their applications.
One of the core features of Aelf is its consensus mechanism, which is based on a hybrid of delegated proof-of-stake (DPoS) and proof-of-work (PoW) algorithms. This allows Aelf to achieve a high level of scalability and throughput, enabling it to process a high volume of transactions without sacrificing security or decentralization.
Aelf also includes a governance system that allows ELF token holders to vote on changes to the protocol and the direction of the project. This gives the community a greater say in the development of the platform and helps ensure that it remains decentralized and transparent.
Aelf is aspired to address some of the key challenges that have plagued blockchain technology, such as lack of scalability, interoperability, and flexibility.
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