Sentences with phrase «of aelf»
Not exact matches
In other words, it's hoped that aelf will provide the infrastructure for a new generation of digital businesses.
https://www.finder.com/
In other words, it's hoped that aelf will provide the infrastructure for a new generation of digital businesses.
aelf co-founder, Zhuling Chen said, in a statement, «South Korea is one of the most digital - savvy societies, with the fastest Internet speeds anywhere in the world and a large appetite for cryptocurrency and blockchain technology.
CEO of Hashed Simon Seojoon Kim stated, «aelf stood out to us immediately as a top tier project and an excellent addition to our lineup of the most disruptive and sophisticated blockchain startups in the world.
aelf's presence in this highly dynamic and influential market is crucial as we build out our scalable cloud computing network to accelerate the global commercial adoption of blockchain technology.
We are confident that our technology and relationships with key local companies, Hashed and GOPAX, will help aelf form a larger presence in one of the world's largest markets, and play a key role in the country's effort to adopt blockchain.»
Cloud computing blockchain network aelf announced on Thursday a major new Asian initiative combining a partnership with the largest South Korean digital asset fund Hashed, the addition of former McKinsey & Company Associate JB Lee as a strategic representative and growth manager for the new project, and a listing on the GOPAX exchange.
aelf states that its platform aims to bring three significant innovations to the industry in order to enhance the speed and efficiency of the blockchain network: resource isolatability for smart contracts, the addition of scalable nodes, and a self - amending governance model.
Our partnership with aelf will help to further our vision of accelerating the global enablement of blockchain through community building and impact investing.»
Moving into next fall, aelf plans on finalizing their governance structure, which includes the establishment of a non-profit called the Grid Foundation, and we should anticipate an official launch in early 2019.
Therefore, the aelf team decided that the main chain will adopt Delegated Proof of Stake (DPoS) to ensure high frequency and predictability of block formation, ultimately working to improve the user experience.
Overall, the aelf project is addressing a number of core areas with their OS:
aelf (ELF) currently has a market cap of ~ $ 130 million with a circulating supply of 250,000,000 ELF, a total supply of 280,000,000 ELF and a max supply of 1,000,000,000 ELF.
Their focus on scalability through their system of side chains and interesting OS - architecture approach should place the aelf project in a position to make significant progress in early 2019.