aelf Information

Aelf is a decentralized cloud computing blockchain network designed to provide a highly efficient and customizable system. It aims to address issues of scalability and interoperability by incorporating a multi-chain structure, allowing developers to create side chains for different applications. With its innovative governance model, aelf empowers token holders to participate actively in decision-making processes, enhancing its community-driven approach.

aelf

$0.39

Title : aelf
Symbol : elf
Current Price $ : 0.388027 $
High 24h : 0.390327 $
Low 24h : 0.375882 $
Price Change 24h : 0.00714026 $
Price Change % 24h : 1.87464 %
Market Cap : 286622163
Whitepaper : https://docs.aelf.com/resources/whitepaper-2/
Website : https://aelf.com
Community : https://blog.aelf.com/
Total Volume : 16258013
Market Cap Change 24h : 6051413
Market Cap Change % 24h : 2.15682 %
Circulating Supply : 738612479.95665
Total Supply : 996447130.54746
Max Supply : 1000000000
Last Updated : 2025-01-21 23:51
All Time High (ATH) : 2.6
ATH Change % : -85.13627 %
ATH Date : 2018-01-09 00:00
All Time Low (ATL) : 0.03545756
ATL Change % : 991.63847 %
ATL Date : 2020-03-13 02:22

more information

Understanding aelf: A Novel Blockchain Solution

aelf (Symbol: ELF) has emerged as an innovative player in the blockchain space, offering a unique approach to scalability and interoperability. As a part of the third-generation blockchain systems, aelf is designed to overcome some of the limitations associated with earlier blockchain technologies.

The Genesis and Evolution of aelf

aelf was launched with the goal of creating a decentralized cloud computing blockchain network. The project aims to tackle two main issues that have plagued the blockchain industry: scalability and resource segregation. Unlike many other blockchains that operate a single-chain framework, aelf utilizes a multi-chain structure, which allows for smart contracts to run on separate chains, enhancing both scalability and performance.

Since reaching its all-time high of $2.60 on January 9, 2018, aelf's price trajectory has experienced significant volatility, much like many altcoins in the market. It hit its all-time low of $0.035 on March 13, 2020, during the widespread market downturn at the onset of the COVID-19 pandemic. From this low, the coin has rebounded remarkably, marking an increase of over 933%.

Technical Advantages of aelf

aelf provides a highly customizable operating system for blockchain applications that businesses can tailor to specific needs. This flexibility is enabled through its unique architecture, featuring delegated proof-of-stake (DPoS) consensus mechanism. DPoS is known for higher efficiency and scalability compared to traditional proof-of-work (PoW) systems.

Another strong point of aelf is its side chain structure, which allows developers to deploy smart contracts on independent side chains to avoid congestion on the main chain. This structure supports cross-chain interactions and enhances interoperability — a significant plus as it bridges isolated blockchain ecosystems.

Challenges and Limitations Faced by aelf

Despite its technical innovations, aelf faces several challenges. One significant hurdle is wide adoption. Being one of the many platforms in the crowded blockchain space, convincing developers and businesses to build on aelf rather than on more established blockchains is an ongoing challenge.

Furthermore, although aelf's multi-chain architecture is innovative, it demands higher technical expertise from developers, potentially slowing down widespread developer adoption. Maintaining security across multiple chains is another complexity that aelf must address as it scales.

Future Prospects for aelf

aelf’s future prospects depend largely on its ability to foster a developer community and secure strategic partnerships that can drive real-world use cases. The ongoing maturation of the blockchain sector and growing demand for scalable and interoperable solutions presents opportunities for platforms like aelf to capture market share.

With its current infrastructure, aelf is well-positioned to capitalize on trends towards decentralized applications (dApps) and enterprise solutions. Its focus on creating a modular blockchain system could appeal to businesses seeking bespoke solutions, provided that it can demonstrate robustness and security.

Conclusion

aelf offers an impressive suite of technological solutions aimed at driving the evolution of blockchain technology. Its unique approach to solving scalability and interoperability issues positions it well within the emerging blockchain ecosystem. However, the path to widespread adoption is fraught with challenges, particularly in building a robust user base and developer community. As with any cryptocurrency investment, potential investors should keep abreast of developments in the project as well as broader market trends.

General Information
from price $0
Title aelf
Symbol elf
Whitepaper https://docs.aelf.com/resources/whitepaper-2/
Website https://aelf.com
Community https://blog.aelf.com/
Last Updated 2025-01-21 23:51

Price Data
Current Price $ 0.388027 $
High 24h 0.390327 $
Low 24h 0.375882 $
Price Change 24h 0.00714026 $
Price Change % 24h 1.87464 %

Market Data
Market Cap 286622163
Total Volume 16258013
Market Cap Change 24h 6051413
Market Cap Change % 24h 2.15682 %
Return on Investment (ROI) -

Supply and Availability
Circulating Supply 738612479.95665
Total Supply 996447130.54746
Max Supply 1000000000

Historical Data
All Time High (ATH) 2.6
ATH Change % -85.13627 %
ATH Date 2018-01-09 00:00
All Time Low (ATL) 0.03545756
ATL Change % 991.63847 %
ATL Date 2020-03-13 02:22