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aelf ELF |
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£0.1766845 |
0.04 % (24h) |
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Marketcap |
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£130,672,258 |
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Volume 24h |
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£3,014,911 |
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.