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aelf ELF

$0.2236513

0.05 % (24h)

Marketcap

$165,407,922

Volume 24h

$3,816,343


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Description

aelf (ELF) is a decentralized cloud computing blockchain network that aims to provide a highly efficient and customizable platform for developers. Launched in 2017, aelf uses a unique multi-chain architecture, where each smart contract runs on its own side chain, connected to a main chain. This design allows for scalability and specialization, with different chains optimized for specific tasks. The ELF token is used for transaction fees, governance, and as a reward for network participants.