What is aelf?
Before I go any further, let me give a brief introduction to the aelf project. aelf, for all intents and purposes, is creating a new blockchain which will resolve 3 main blockchain problems which has been restricting this technology from being adopted in more mainstream uses. These problems are limited performance, lack of resource segregation, and a properly working governance model. By resolving these issues, aelf will be bringing blockchain technology into business scenarios with full force.
In response to this, they have created a blockchain which can be integrated to side chain specific business scenarios. The aelf blockchain and sidechains will possess the following qualities:
- High efficiency and scalability to handle transactions/applications at a commercial scale
- High flexibility to customize Smart Contracts to meet the needs of different industries
- High adaptability to new technology in the future
- High compatibility to allow communication across public and private Chains and existing Blockchains
aelf was originally launched as Grid, however due to confusion with a similar project called Grid+, it was rebranded as aelf late November 2017. Another confusion which was cleared up early in aelf’s life was the complete separation from the Polkadot project.
What are aelf Frequenty Asked Questions?
Where does aelf (ELF) rank among in terms of popularity? How relevant is it compared to competitors?
In terms of popularity, aelf currently ranks in position 280 out of the thousands of cryptocurrencies. It is also important to consider aelf‘s market cap – in general, the higher the market cap of a cryptocurrency, the more dominant it is considered to be in the market. aelf has a market cap of $ 118,728,319, which compares to Bitcoin (the most popular cryptocurrency by several metrics) with a market cap of $ 779,712,797,344, Litecoin at $ 9,574,096,926, Ethereum at $ 285,161,910,518, Tether at $ 61,996,385,295, and XRP at $ 34,514,592,259.
What is the price of aelf (ELF) today (updated in realtime)?
The current price of aelf is $ 0.255638 in USD. (The price in Euros is 0,214998 €; and the price in Bitcoin is Ƀ 0.00000600 BTC.)
What is aelf‘s (ELF) market supply?
The total available supply of aelf is 461,329,999 ELF. The total supply of aelf is 880,000,000 ELF.
What is the 24 hour volume for aelf (ELF)?
The 24 hour volume for aelf is $ 36,593,064.
How has aelf (ELF) performed recently?
aelf‘s price has increased in the last 24 hours by 5.00%. This compares with a seven day change of 37.19%. The trading volume over the last 24 hours was $ 36,593,064. Trading volume indicates how many units of a currency are being bought and sold on specific exchanges. High trading volumes are likely to drive more on-chain activity, for example when people deposit and withdraw funds. It can be a good indicator of the general interest in the cryptocurrency.
What is aelf (ELF) official website?
Links to aelf‘s official website, social accounts, blockchain explorer, and Github repository if applicable.
Has aelf (ELF) performed well historically?
Here is a chart showing how aelf has performed historically.
Where Can I Buy aelf (ELF)?
Here is a breakdown of the current market prices from top cryptocurrency exchanges.
Charts & Market Data
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