[ANN][ELF] Aelf - Scalable Blockchains: Multi-Chain / Parallel Processing

[aelf blockchain]

ælf : The New Generation of scalable Blockchains: A new platform enabling developers to
construct a multi-chain structure with parallel processing





Whitepaper   Website   Twitter   Telegram  Medium  Reddit  GitHub




 
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We’ve started making bi-weekly progress updates to give investors an insight into current developments:
Publication Page: https://medium.com/@aelfblockchain





Our new candy system (Azeroth) has officially launched, in order to sign up for the bounty system you will need an invitation code.
For more information check our Reddit or visit our official bitcointalk thread here





                  
         




ELF tokens are used to pay resource fees in the system, such as the deployment of smart contracts, operating and upgrading
of systems (transaction fees, cross-chain data transfer fees). It also enables the community to vote on major decisions, such as
electing mining nodes, introducing new features to the system and other major decisions.

Max Supply: 1 billion ELF
Circulating Supply: 300 million ELF
Private Sale Price：1 ETH = 4,545 ELF （ETH price @450 USD by the end of private sale）

Token Contract Address: 0xbf2179859fc6D5BEE9Bf9158632Dc51678a4100e
Token Symbol: ELF
Decimals: 18




- A complete guide to Aelf
- Why Aelf chose for DPoS
- Thoughts on the first week after Aelf token distribution written by our COO Zhuling
- “What is Aelf”- The Merkle
- “Explaining Side Chains, The Next Breakthrough In Blockchain” - Forbes
- “Aelf Creating A Silent Revolution In The Blockchain World” - Valuewalk
- Need a better understanding of Aelf? Check out this great beginner guide by blockonomi
- In need of a summerizing refresh? We got you covered!
- Aelf - A Blockchain that is Truly Scalable






ELF VS CMC

Cosmos (CMC universe coin) is a continuation of ideas put forward by the multi-chain system, the Satoshi's PoW consensus
algorithm replaced by Jae Know's Tendermint consensus algorithm. Tendermint, a Byzantine-fault-tolerant algorithm, is
optimized for PBFT and requires only two rounds of voting to reach a consensus.

Essentially, it contains multiple blockchains (running in the zone) using separate instances of Tendermint, and a chain of
hubs using de-trusted communication. Cross-link communication is limited to the transfer of digital assets, this cross-link
communication can return data and path, such as sending the sender information of the transfer status.

Aelf's cross-link communication is not only capable of transferring digital assets, but also able to pass any other information.
For example, aelf’s sidechains can trigger contract execution on other sidechains.

In addition, Tendermint did not come up with a parallel processing model on a single chain, so a chain also has its own
limitations. CMC performance is limited to a single machine, scalability will only be reflected when using multiple instances of
tendermint.

Aelf has proposed that parallel processing on a single strand will dramatically increase the upper limit of single-strand processing
capacity.

ELF VS EOS

Both EOS and aelf have proposed to use parallel processing to handle transactions, but the difference is that EOS only processes
in parallel on the main chain, while aelf's parallel processing framework enables parallel processing on all side chains.

By doing this, parallel processing will be performed on both the backbone and the sidechains.

ELF VS ETH

Ethereum has no scalability, no isolation of resources, and the popularity of CryptoKitties, CryptoZombies and more games to
come will block the transfer of the entire Ethereum network.

Aelf adopts the architecture of resource isolation to ensure that the surge of traffic on one chain will not affect the efficiency
of any other chain.




As of May 24th, aelf Enterprise 0.7.0 beta has been officially listed on Amazon Web Services (AWS), the world’s largest cloud computing platform. Developers can use the aelf Enterprise 0.7.0 beta Amazon Machine Image (AMI) on the AWS App Store to deploy their image quickly and launch aelf-based blockchain systems with a few simple commands. In addition, developers can access supporting tutorials, smart contracts, and Dapp samples.



AWS, a subsidiary of Amazon, is the largest Cloud Platform Provider in the world with tens of thousands of partners globally and millions of active customers. By listing aelf, AWS has provided visibility of our platform to customers including companies such as Netflix, NASA, AirBnB, Time Inc, Lionsgate, and Dow Jones. All AWS customers now have access to not only build on aelf, but to all the toolkits, documentation and supporting features.

One of aelf’s strongest technological features is the ability to process tens of thousands of transactions per second. aelf Enterprise 0.7.0 beta will provide high performance blockchain BaaS through massive cloud data storage, one-click-deployment blockchain toolkits and flexible DApp development modules — all functions attuned to test and implement blockchain with ease and precision by enterprises. aelf seeks to accelerate DAPP development and expand blockchain ecosystem by making aelf more accessible for the industries seeking blockchain solutions.

aelf will continue to push current technological boundaries and lead commercial blockchain adoption. aelf is continuously updating its system and code execution to make it easier for enterprises to experience blockchain BaaS solutions. The Enterprise version serves as a strong foundation and a segway for the aelf public network, which will connect the different Enterprise users under a greater umbrella of one aelf ecosystem.

Create and manage aelf enterprise blockchain network at: https://aws.amazon.com/marketplace/pp/B07S2DT928

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[aelf blockchain]

Following the successful launch of the aelf testnet last year, we are proud to announce the release of aelf Enterprise 0.7.0 Beta, the next evolution of blockchain tailored for developers.

aelf Enterprise 0.7.0 Beta is a one-stop blockchain solution that includes a fully developed blockchain system, development kits, and documentations along with supporting infrastructure and services. We believe that this brings us one step closer to helping enterprises and developers build powerful applications on aelf with seamless ease.

aelf 0.7.0 Beta system includes:

1. aelf Enterprise

aelf 0.7.0 beta
DevKit 0.7.0 beta

2. aelf External Applications

aelf Blockchain Scanner 0.7.0 Beta
aelf Block Explorer 0.7.0 Beta
aelf Wallet 0.7.0 Beta
aelf JS SDK 3.0.0



3. aelf Browser Extension 0.7.0 Beta

aelf Enterprise 0.7.0 Beta:

Complete blockchain system (Minimal Blockchain Kernel, Secret Sharing DPoS Consensus Mechanism, Smart Contract System, Voting System, Multiple Token System, Basic Cross-chain System)
Supporting development kit (Development Template and Tutorial, Developer’s Manual, TestKit, BenchmarkKit, IDE Integration)
Supporting Web tools and programs (Browser Extension, aelf Blockchain Scanner, aelf Explorer, aelf Wallet)

1. aelf Enterprise

aelf 0.7.0 Beta: (https://github.com/AElfProject/AElf)

— High-Performance Smart Contract Runtime
— Consensus System
— Multiple Token System
— Voting System
— Cross Chain System
— Web API

DevKit

— Boilerplate: TestKit, BenchmarkKit, IDE integration (https://github.com/AElfProject/aelf-boilerplate)
— Documents (https://docs.aelf.io/v/dev/)
— Tutorials (https://docs.aelf.io/v/dev/main)

1.1 aelf 0.7.0 Beta



High Performance Smart Contract Runtime

Contract execution level: Based on Protobuf, aelf implements a smart contract execution environment similar to that of grpc. The input and output of all objects and their storage are all based on Protobuf high-performance serialization. State storage uses a high-performance decentralized database such as redis.

Overall contract construction: Codes generated through the grpc plugin shows performances equivalent to that of a grpc server.

Contract Controlling: Parallel execution within blocks can be operated through AKKA clusters.

Consensus System

Security: The Secret Sharing algorithm can ensure that distributed random numbers are generated on all elected nodes. The sequence of block production in each round is determined through the generated random numbers, thereby reducing the possibility of node collusion and malicious acts.

Finality: After ⅔ of the nodes verify a block, it will become irreversible and the data will be stored on the chain. The verified blocks cannot be reversed by hardforking.

Multiple Token System

Based on the contract system, a built-in Token System capable of blockchain interoperability has been implemented. All assets can be issued, transferred, locked and transferred across chains.

Voting System

Based on the contract system, a universal voting system is functional, facilitating online governance and future protocol upgrades.

Cross Chain System

Cross chain system provides a way for any data on one chain to be transmitted to a different chain. The system is based on the Merkle tree root index and the amount of data stored in the mainchain is independent of the change in the number of sidechains. This means that the entire system can achieve multi-level mainchain/sidechain indexing and thereby scale up with ease.

Web API

A high-performance ASP.Net Core server results in a high-performance interactive framework.

1.2 DevKit

(https://github.com/AElfProject/aelf-boilerplate)

The Enterprise version includes Development Templates and tutorials, Developer Manuals, TestKit, BenchmarkKit, and IDE Integration

Developer Manuals: Provides a detailed introduction of the aelf system and API documentation

TestKit: Allows developers to perform brief test on their contracts

BenchmarkKit: Provides built-in performance test cases

IDE Integration: Allows developers to debug smart contracts while developing and provides the ability to prompt unit test code coverage

Developers can quickly deploy aelf-based blockchain systems and create Dapps based on the development kits and tools provided. In addition, developers can familiarise themselves with the system through the developer documentation.

2. aelf External Applications

aelf blockchain scanner (https://github.com/AElfProject/aelf-block-scan)

—Provides a convenient way for developers to store on-chain data to other locations, for development purposes
— Supports transaction, block, tps, and resource data storage
— The current version only supports the mysql database.

aelf Block Explorer (https://github.com/AElfProject/aelf-block-explorer)

— Supports block and transaction queries
— Visually represents the built-in voting system
— Visually represents the built-in resource transactions

aelf wallet (https://github.com/AElfProject/aelf-web-wallet)

— Supports local storage of private key
— Supports basic token transfer and transaction record checking
— Can search and add aelf contract tokens
— Can search for corresponding transaction histories

aelf JS SDK 3.0.0 (https://github.com/AElfProject/aelf-sdk.js)

— Web API is encapsulated and called functionally.
— Provide wallet components and create wallets through SDK.
— Tool methods such as sha256 and protobufjs are provided.

3. aelf Browser Extension

(https://github.com/hzz780/aelf-web-extension)

Stores private keys locally and provides a key management user interface
Provides encrypted communication between the plugin and the application
Supports transaction signatures in aelf Eco DAPP
Supports users to visually manage application permissions

[aelf blockchain]

Cool review by Brian at cryptobriefing 
Article -> https://cryptobriefing.com/what-is-aelf-introduction-to-elf-token-and-aelf-os/

[aelf blockchain]

Reserved

[aelf blockchain]

Reserved

[vitlk]

tell me exactly how the coins are displayed? why are not all coins available for withdrawal?

[crypt0baws]

Finally the new thread is open! Awesome! Looking forward to more updates.

tell me exactly how the coins are displayed? why are not all coins available for withdrawal?

The ELF that you've earned and that is available to withdraw is based on what you earned in the corresponding 24 hour period 30 days ago.

This means you will be able to withdraw a little bit each day if you want (and it is feasible to do so), otherwise by the time you reach the 30th day, you can withdraw the earnings from all of the previous 30 days, all at once.

Withdrawals opened up on the 25th of February, where you could withdraw your first days earnings if you signed up on day one of the Candy/Bounty program I believe.

[stan86]

aelf reached strategic partnership with @CNN_Blockchain an innovative content ecosystem based on blockchain technology. Together aelf and CNN will explore the application of aelf in the content industry so as to build a better next-generation content platform.
https://twitter.com/aelfblockchain/status/971262614511718400

[inoes]

how we get invitation code ?
reddit link its broke you need to fix it for more information

[aelf blockchain]

how we get invitation code ?
reddit link its broke you need to fix it for more information

This image is from our bounty thread. Feel free to ask more bounty questions there
https://bitcointalk.org/index.php?topic=3078726

[aelf blockchain]

tell me exactly how the coins are displayed? why are not all coins available for withdrawal?

This image is from our bounty thread. As you can see coins are gradually released.
Feel free to ask more bounty related questions here: https://bitcointalk.org/index.php?topic=3078726

[aelf blockchain]

We’re thrilled that ELF is now live on the Bancor Network. This allows ELF to be instantly converted
to dozens of other tokens without an exchange, counterparty or added fees, using a Web3 wallet like
MetaMask. https://steemit.com/bancor/@bancor-network/4gurrp-how-to-use-the-bancor-web-app

[crypt0baws]

We’re thrilled that ELF is now live on the Bancor Network. This allows ELF to be instantly converted
to dozens of other tokens without an exchange, counterparty or added fees, using a Web3 wallet like
MetaMask. https://steemit.com/bancor/@bancor-network/4gurrp-how-to-use-the-bancor-web-app

Nice, it's cool to see ELF on Bancor! We're making tracks everywhere it seems. Good stuff.

[vitlk]

who has more than 10k subscribers on Twitter? how much on average do you get ELF performing all the tasks?

[aelf blockchain]

Need a better understanding of Aelf? Check out this great beginner guide: https://blockonomi.com/aelf-guide/

[crypt0baws]

who has more than 10k subscribers on Twitter? how much on average do you get ELF performing all the tasks?

It would be interesting to know, I'm willing to bet it's quite a bit of ELF that's for sure.

Need a better understanding of Aelf? Check out this great beginner guide: https://blockonomi.com/aelf-guide/

This is a very nice write-up indeed! Would recommend to any newcomer to AELF to have a read over it.

[crypt0baws]

I've taken the opportunity to pick up some more ELF during the dip, suggest to anyone thinking about doing the same -- think a little harder perhaps!

[Fhejhaey]

Still available ,,ico price
1eth=4,545 elf??

[vitlk]

does not open the site in the browser firefox. Has anyone encountered a similar problem? through google chrome works fine

[crypt0baws]

does not open the site in the browser firefox. Has anyone encountered a similar problem? through google chrome works fine

Works fine for me in both Firefox and Chrome.

By the way, if you're interested in AElf you should check out Loning Ma's comprehensive piece on Medium. It's an excellent read and really gives you an idea of how and why the idea of AElf was conceived:

https://medium.com/@aelfblockchain/a-blockchain-developers-story-the-past-and-future-b598c6283608