Cryptocurrency Elastos (ELA): review, course and chart

PoW mining method
Total offer 33,617,884 ELA

The project was launched in the winter of 2018. The headquarters are in Shanghai. The team of creators consists of 15 people. Elastos is the first open-source operating system to work with NEO.

The platform prohibits applications from gaining direct access to prevent virus attacks.

The goal of Elastos is to develop a secure, efficient, and reliable type of Internet that will be based on blockchain technology for the interaction of decentralized applications. Users will be able to transfer smart contracts, convert digital data, authenticate digital rights, etc. Anyone, among other things, will be able to own digital assets and make a profit. The platform aims to create an intelligent system that will function through a peer-to-peer network structure.

ELA is a basic coin, which can be used to register on Elastos ID and to buy DApps, to rent cloud storage, as well as to pay for various goods, services. Thanks to the ELA, holders have the opportunity to vote. Elastos blockchain uses combined mining with BTC blockchain; as a result, the consensus is simultaneously reached in chains. Accordingly, the mining is carried out in parallel with Bitcoin. At the moment, one can buy ETH and BTC on the exchange.

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10 Elastos (ELA)