Aelf (ELF) is a decentralized cloud computing network. aelf supports cross blockchain interaction with Bitcoin, Ethereum and other blockchain systems. The network has its coin – ELF, which is traded on major exchanges, such as Binance, Huobi, OKEx and etc. For all intents and purposes, they are 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.
During the launch of aelf’s testnet, the speed of network upgraded using cluster nodes and parallel processing has reached 15,000 TSP.
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