About aelf (ELF)

ELF is the native cryptocurrency of the aelf blockchain, a decentralized Layer 1 platform designed to support scalable and customizable applications through a multi-chain architecture.

aelf was launched in 2017 with the goal of creating a high-performance blockchain infrastructure suitable for commercial use. The project is based in Singapore and built with a modular structure that separates resources across different side chains to improve efficiency.

aelf uses a Delegated Proof-of-Stake (DPoS) consensus mechanism, where ELF holders vote for nodes responsible for producing blocks and validating transactions.

The network supports cross-chain communication, AI integration, and the development of decentralized solutions across various sectors. Read, learn, and explore everything about aelf (ELF) on Blockport.