[ANN] | Introducing ELASTOS | Future of Decentralized Internet

[erwan]

Where are the main reasons there are no smart contracts on the main chain of Elastos? Isn;t it arguable that having smart contract offchain is less decentralized?

[Splin V]

Elastos tech team will be updating the wallet 10:30-13:00 UTC on August 13th 2018. During this period, the wallet will have network errors, balance queries, and transfer exceptions, and everything will return to normal once the technology upgrades.
https://twitter.com/Elastos_org/status/1028961174472273920

[Neurzway]

interesting project , but what is the difference between elastos and substratum ?

[MirkoIta]

The Elastos Foundation is pleased to announce that the first Elastos Ecosystem Collaboration Project Airdrop will be Bit.Game. On August 21st, 160 million BGX (BIT.GAME tokens) will be airdropped to ELA holders.

http://elanews.net/2018/08/09/elastos-ecosystem-airdrop-bit-game/

HA! SEE I knew there was an airdrop funny how no one knew about it?!?! Now how can I add my erc 20 address to my elastos wallet??

Thanks to you pointing out about the airdrop I checked the ELA wallet for the first time. The just added a button in the SETTINGS page of the ELA web wallet in which you can write your ERC-20 compatible address.

[cappy176]

The Elastos Foundation is pleased to announce that the first Elastos Ecosystem Collaboration Project Airdrop will be Bit.Game. On August 21st, 160 million BGX (BIT.GAME tokens) will be airdropped to ELA holders.

http://elanews.net/2018/08/09/elastos-ecosystem-airdrop-bit-game/

HA! SEE I knew there was an airdrop funny how no one knew about it?!?! Now how can I add my erc 20 address to my elastos wallet??

Thanks to you pointing out about the airdrop I checked the ELA wallet for the first time. The just added a button in the SETTINGS page of the ELA web wallet in which you can write your ERC-20 compatible address.

Yea it's there now I'm gonna be buying some more elastos as soon as I make a few trades and will be registering my address

[cappy176]

also does anyone know if there is a better wallet to store elastos? Not one on the web more secure or something like that?

[tangle2017]

why so little news about this project I read that
1. Almost endless scalability. Such projects technically have the ability to handle millions of transactions per second.

2. Almost endless decentralization. So the voting process should take place with at least 10-100 thousand votes. voting.

3. Low energy use. Currently, bitcoin consumes 30 terawatt hours of energy with about 50 million users. This is electricity consumption at the level of a small country like Ireland. All banks taken together consume 100 Terawatt hours of energy. By the way, if 5 billion people used bitcoin, then it would consume 3000 Tera-hours, 300 times more than all banks put together, which makes Bitcoin completely useless as a global currency!

4. Almost immediate transactions. So the transaction should be confirmed within a maximum of 3 seconds. 10 seconds is already a lot, it can cause a network clogging.

5. No restrictions. It's mainly about two: the first is the lack of third parties that set the rules on how to vote, thus giving permission to vote. The second is the lack of connections in the matter of trust, meaning nodes do not have to trust each other to participate in the vote. Whenever there are two limitations (third parties expressing permission to vote and the need for trust between nodes), then cartels are formed, lobbying and many other negative matters take place.

6. No fees. However, this is not as important as the above 5 points.

Currently, only 3 cryptocurrencies meet these criteria:

Ethereum (soon after the implementation of Casper, Raiden, Plasma and Shardingu), IOTA and Elastos.

[Cryptocurrencies News]

Elastos (ELA) Deposits and Withdrawals Temporarily Closed
KuCoin users,
Due to Elastos (ELA) wallet system upgrade, we have decided to temporarily close deposits and withdrawals for ELA. We apologize for any inconvenience caused during the upgrade.
https://news.kucoin.com/en/elastos-ela-deposits-and-withdrawals-temporarily-closed-2/

[tamsyho2]

Wow this post got some meaty details on it since last time I was here!

Elastos take over

[Kasperiko]

Elastos (ELA) Deposits and Withdrawals Temporarily Closed
KuCoin users,
Due to Elastos (ELA) wallet system upgrade, we have decided to temporarily close deposits and withdrawals for ELA. We apologize for any inconvenience caused during the upgrade.
https://news.kucoin.com/en/elastos-ela-deposits-and-withdrawals-temporarily-closed-2/

All correctly do or make on a stock exchange. The main thing that everything went smoothly, and then in the last time updates are delayed and sometimes there are failures. For any project, this is the most vulnerable time that hackers and other individuals who want to harm the project can use. I still believe that its potential is not fully disclosed.

[cappy176]

All correctly do or make on a stock exchange. The main thing that everything went smoothly, and then in the last time updates are delayed and sometimes there are failures. For any project, this is the most vulnerable time that hackers and other individuals who want to harm the project can use. I still believe that its potential is not fully disclosed.

Yea I agree you may be onto something this project really intrigues me and it is very possible that they did not fully disclose everything the project can do and that is very smart on their part. I still wish they had a better wallet to store the coins atm though I don't really feel to comfortable with my $ sitting in just a web wallet that should be the first thing they do is make a better/safer wallet. And/or get integrated with ledger/trezor. No one still knows if there is a safer wallet alternative?

[Blocktree]

CHINA GOV is clearing up the illegal ICO projects,ELASTOS affected?

[Kasperiko]

All correctly do or make on a stock exchange. The main thing that everything went smoothly, and then in the last time updates are delayed and sometimes there are failures. For any project, this is the most vulnerable time that hackers and other individuals who want to harm the project can use. I still believe that its potential is not fully disclosed.

Yea I agree you may be onto something this project really intrigues me and it is very possible that they did not fully disclose everything the project can do and that is very smart on their part. I still wish they had a better wallet to store the coins atm though I don't really feel to comfortable with my $ sitting in just a web wallet that should be the first thing they do is make a better/safer wallet. And/or get integrated with ledger/trezor. No one still knows if there is a safer wallet alternative?

The project team at the moment shows itself from the best side. I would in their place have arranged a championship for hackers and for those who read the code well. For the sake of such a business there must be enough money.

[Btcmnr]

Hello everybody. Who knows, please explain to me how Blockchain and dapps can live independently without one another?

[Kasperiko]

Hello everybody. Who knows, please explain to me how Blockchain and dapps can live independently without one another?

Probably from the point of view of sidechain can be combined code. That is, one blocking but there will be third-party chain that do not affect the main block called sidechain.
On the news account of the fact that China has introduced new bans it is not a novelty.
The market has known this for a long time and at the moment no such news has any influence. All the same, everything from the gong-Kong is under development.

[Vermalen]

Elastos Weekly Updates – 24 August 2018

https://elanews.net/2018/08/24/elastos-weekly-updates-24-august-2018/

The livestream for our One Year Anniversary Event starts Saturday August 25, 8:30AM (UTC+7) in Thailand and Friday August 24, 9:30PM EST (New York City).

[stan86]

The Elastos team will perform technical integration on August 26th, 2018 from midnight to 2:00AM UTC. During this period the wallet will have network error, balance and may go offline intermittently.  Services will resume as normal when complete
https://twitter.com/Elastos_org/status/1033379018320568326

[murgut]

i love elastos! this project will moon because of the very good idea and some insane devs with great vision. i just love it

[cryptonauten]

Are there any information of how to set up merged mining for ELA?

[stan86]

Elastos Unveils Merged Mining Partnership With Bitmain

Elastos, a blockchain-powered Internet infrastructure, has announced a merged mining partnership with Bitmain Technologies, a cryptocurrency mining specialist and hardware producer.

Merged mining allows Bitcoin (BTC) and the ELA coin, Elastos’ token, to be mined simultaneously and more efficiently. BTC will serve as the parent chain while ELA will work as the auxiliary chain. The partnership enables miners from BTC.com and AntPool to joint mine BTC and ELA using the Auxpow consensus.

Elastos said the partnership was “monumental” for miners and future users of its smart web platform as it guaranteed the security of the Bitcoin network by sharing its hashpower. The move also serves as a step towards mainstream integration of Elastos’ Internet operating system.

https://coinjournal.net/elastos-unveils-merged-mining-partnership-with-bitmain/