aelf
Monthly Returns heatmap
Heatmap summary
aelf posted 20 positive months out of 44. The longest positive streak lasted 4 months, while the longest negative streak lasted 5 months.
- Strongest month
- Nov 2024 +70.5%
- Weakest month
- May 2022 -39.8%
- Longest positive streak
- 4 Dec 2022 — Mar 2023
- Longest negative streak
- 5 Sep 2021 — Jan 2022
- Luckiest calendar month
- Nov • avg 24.9% • 4 mo.
- Unluckiest calendar month
- Apr • avg -15.5% • 4 mo.
Networks
Supported exchanges
About the coin
aelf (ELF) is a decentralized cloud computing network designed to provide a robust and scalable infrastructure for blockchain applications. It aims to address the limitations of existing blockchain technologies by offering a high-performance, secure, and adaptable platform.
The core innovation of aelf lies in its unique architecture, which separates the consensus mechanism from smart contract execution. This separation allows for parallel processing of transactions, significantly enhancing throughput and reducing latency.
aelf utilizes a Delegated Proof-of-Stake (DPoS) consensus mechanism, where token holders vote for a limited number of block producers. This approach balances decentralization with efficiency, ensuring network security while maintaining high transaction speeds.
A key feature of aelf is its multi-chain structure. The network consists of a main chain and multiple parallel chains, known as side chains. This design allows for specialized functionalities and customized blockchain environments, catering to diverse application needs.
Side chains on aelf can be created and managed by dApps, providing them with dedicated resources and customized parameters. This flexibility is crucial for applications requiring specific performance characteristics or governance models.
The native token of the aelf network is ELF. It plays a vital role in the ecosystem, serving multiple purposes:
- Network resource allocation
- Governance participation
- Staking for consensus
- Transaction fees
ELF tokens are used to pay for computing resources, such as CPU and storage, on the aelf network. This ensures that the network's resources are allocated efficiently and fairly.
Furthermore, ELF holders can participate in the governance of the aelf network by voting for block producers and proposing changes to the network's protocol. This empowers the community to shape the future development of aelf.
The aelf ecosystem is designed to support a wide range of decentralized applications (dApps), including decentralized finance (DeFi), gaming, supply chain management, and more. Its scalable architecture and flexible multi-chain design make it suitable for complex and demanding applications.
aelf's interoperability features are also noteworthy, aiming to facilitate seamless communication and asset transfer between different blockchains.
The network's commitment to continuous development and community engagement underscores its ambition to become a leading platform for the next generation of blockchain solutions.
The ELF token is available on various blockchains, including Ethereum as an ERC-20 token and BNB Smart Chain as a BEP-20 token. The native ELF token operates on the AELF chain.
Users can find contract addresses for ELF on different chains to interact with the token on those specific networks.
The aelf project is focused on building a decentralized cloud computing infrastructure that is both powerful and user-friendly, aiming to lower the barriers to entry for blockchain development and adoption.
Trust & methodology
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