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aelf is an open-source blockchain network designed as a complete business solution. The structure of ‘one main chain + multiple side chains’ allows developers to independently deploy or run DApps (Distributed Applications) on individual side chains to achieve effective resource isolation.
By adopting parallel processing and the unique AEDPoS consensus mechanism, aelf's technology made major breakthroughs in performance, achieving high throughput. Based on the cross-chain technology of the main chain index and verification mechanisms, aelf achieves efficient and secure communication between the main chain and all side chains, and as a result, allows direct interoperability between side chains.
ELF token is the aelf utility token, mined on the aelf mainnet explorer, previously an ERC-20 token.
Try our free aelf (ELF) portfolio tracker if you want to efficiently keep track of your ELF and other coin/token investments.