What is the highest price of ELF coins? What is the use of ELF coins?

Speaking of ELF coin, most investors may not know much about it. In fact, ELF coin is an open network of blockchain. It is specially built for the new economy. Its structure is a main chain plus multiple side chains. This structure allows developers to run their distributed applications independently on one side, which can be said to achieve effective isolation of resources. Resource isolation is also a big highlight of the project, which allows each smart contract to have its own blockchain.

The latest price of ELF currency

＄0.42 ≈ ¥3.04

Introduction to the historical highest and lowest prices of ELF currency

Currently, 39 exchanges have been listed. From the current data, the market circulation of ELF currency can be seen not bad.

aelf is a decentralized cloud computing platform. Nodes are divided according to type. Professional accounting nodes (full nodes) can run on server clusters to improve the performance of the entire blockchain network; "main chain + multi-side "Chain" structure to effectively achieve resource isolation and "one chain, one scenario"; establish an entrusted voting system for token holders to ensure efficient network governance and healthy development. Compared with the current blockchain system, in the hearts of global digital asset enthusiasts, aelf is known as the next generation blockchain system that benchmarks Ethereum and surpasses EOS.

What is the use of ELF coins?

1. Improve system performance

ælf adopts the DPOS consensus mechanism and uses a small number of nodes for parallel processing to speed up block verification and transaction packaging. Secondly, when a chain becomes too complex and cannot be processed effectively, it will is divided into several parallel chains to offload; in addition, ælf will define and trigger the system snapshot mechanism. After reaching a specific period, a snapshot of the current data will be taken, and then the detailed transaction data before the snapshot will be discarded to reduce the system's load. Expansion problem.

2. Provide alliance chain templates

ælf provides a model similar to cloud services. Users can quickly create an independent chain based on the alliance chain template and handle their own business exclusively.

3. Main chain + multi-side chain structure

ælf is a "branch ecosystem", with the main chain as the backbone of the entire system indexing multiple side chains. ælf's side chains include the system's built-in side chains and other side chains created based on the ælf OS kernel. The main chain interacts with the side chains through dynamic indexing.

4. Realize cross-chain interaction

ælf’s cross-chain interaction with mainstream chains such as Bitcoin and Ethereum will be realized through messages, and based on cross-chain interaction, a natural multi-level cross-chain structure will be formed, which can be shared Digital assets, users and information.

5. Side chain dynamic index

ælf is a dynamic system, and chains interact through the Merkle Tree of the main chain and the input verification of external messages.

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