Aelf (ELF)

Aelf

Type	Token
Ticker symbol	ELF
Total supply	Total Supply: 280.000.000 Max Supply: 1.000.000.000

Basics

• Based in: Singapore (12-9-2023)
• Started in / Announced on: 2017
• Testnet release:
• Mainnet release:
• Cloud computing

Audits & Exploits

• Bug bounty program can be found [insert here].

Token

Token Allocation

• Token distribution: 25% private sale, no vesting period, 25% Foundation vesting three years to build ecosystem, marketing and development, 10% mining for 100 years (PoW&PoS), 16% Team vesting for 2 years, 12% advisors & partners, 12% Marketing & airdrop

Technology

• Whitepaper or docs can be found [insert here].
• Code can be viewed [insert here].
• Consensus mechanism:
• Algorithm:
• Virtual Machine:
• Development language used:

Transaction Details

• Capacity (TPS):
• Latency:

How it works

• Smart contracts all run on their own blockchain (Resource segregation or aka Sidechain)
• The full nodes will run on cloud servers for higher performance
• From this blog (10-2018):

"Aelf’s multi-chain parallel computing blockchain framework has 3 main features:

- To resolve the scalability issue, Aelf proposes parallel processing to achieve high-throughput and low latency including the separation of the processing and database components the Blockchain.

- Aelf will implement resource segregation, which enables each smart contract to run on its own blockchain.

- To avoid issues with reaching consensus on scalability and other core topics that can lead to a split into two different chains, Aelf is setting transparent ground rules that will lead to less conflict regarding the direction the project is heading. Specialized Delegated Nodes will be assigned to perform special tasks. Critical decisions will be executed through a voting system that requires representative democracy. Delegated Nodes need to have enough backing from Aelf stakeholders to be able to participate in Aelf’s governance voting.

Recently Aelf’s testnet results were announced and transactions running on the Aelf blockchain already reached 14,968 transactions per second (TPS), which is a massive increase opposed to transactions on the Ethereum blockchain, which average around 15 TPS."

Roadmap

• Can be found [Insert link here].

Team, Funding and Partners

===Team ===*Full team can be found [here].

• Haobo, Ma; founder

=== Funding ===* Launched (12-9-2023) a US$50 million investment fund, Aelf Ventures, to back particularly focusing on “high-performance” Layer-1 blockchain projects: "Aelf Ventures has already made investments in projects like Crystal Fun and Mythic Protocol and is incubating others like Portkey, eBridge, Forest NFT Marketplace, Awaken Swap, EWell, and BeanGo Town."*Investors: FBG Capital, Blockchain Ventures, Alpha Bit, Link VC, Hyper Chain Capital, ChainFunder, consensus capital, Danhua Capital

• Part of the portfolio of 8 Decimal Capital.
• Part of (9-3-2020) the portfolio of Arrington XRP Capital.

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