Elastos ELA

1. Summary

Ranks

Liquidity

90

Developer

15

Social

88

Momentum (beta)

58

Stack Rank™

30

Price

$2.43 +11.5%

Market Cap

$53.69M (#574)

Supply

22.09M / 25.55M

Tags

Smart Contracts Ethereum Ecosystem Bitcoin Layer 2

More Metrics

Price
52W High price	$5.76
52W High date	3rd Apr 2024 (3 months ago)
All Time High (ATH) Date	24th Feb 2018 (6 years ago)
ATH Price	$89.14
% From ATH	-96.64%
All Time Low (ATL) Date	7th Jan 2023 (1 year ago)
ATL Price	$0.79
% From ATL	276.77%

Supply & Trading Volume
Trading Volume (24h)	$649,736.00
Total Supply	25.55M
Max Supply	28.22M
Circulating Supply	22.09M

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Description

Elastos is a comprehensive and open-source platform that integrates blockchain technology to build a modern internet infrastructure, focusing on the security, scalability, and decentralization of digital assets. Founded by Rong Chen, a senior engineer at Microsoft, Elastos employs a unique approach by combining the power of Bitcoin and Delegated-Pr...

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Elastos is a comprehensive and open-source platform that integrates blockchain technology to build a modern internet infrastructure, focusing on the security, scalability, and decentralization of digital assets. Founded by Rong Chen, a senior engineer at Microsoft, Elastos employs a unique approach by combining the power of Bitcoin and Delegated-Proof-of-Stake consensus mechanisms.

The project features several components, including:

Elastos SmartWeb

Elastos is creating a decentralized smart web, where device-to-device communication happens through a peer-to-peer network, eliminating central servers. Applications run on a trusted runtime environment within users' devices, ensuring complete data ownership and security.

Decentralized Applications (dApps)

Elastos supports a range of dApps, each built on its runtime environment, allowing them to operate independently without direct access to the internet. This protects against malware and data breaches, ensuring a more secure digital ecosystem.

Elastos Carrier

Elastos features a decentralized peer-to-peer Internet service called Elastos Carrier, which revolutionizes online communication and digital asset management.

Cyber Republic

Elastos operates a community platform called Cyber Republic, which includes a grant fund to support start-ups and existing projects in exploring blockchain technology. Community members contribute through proposals and voting, promoting ecosystem growth.

Elastos OS

Elastos is developing an operating system that can be installed on various devices, including IoT and mobile devices. This OS supports decentralized applications, ensuring scalability and security across different platforms.

Mainchain and Sidechains

Elastos uses a mainchain for transactions and supports various sidechains like Ethereum, NEO, and DID for different use cases, enhancing the overall scalability of the platform.

Through the comprehensive nature of its technology, Elastos aims to represent a new generation of the internet where users have complete control and management of their digital assets, enhancing security, scalability, and decentralization.

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