Altcoins News

Story: Elastos Origin by Feng Han and More about Ethereum Versus ELA

By Dan Saada

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Elastos (ELA) Origin

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The Elastos ecosystem comprises of an array of industries spanning across identity, IoT, Media, Security, and Real Assets.

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The ELA token side chain went live in March 2019 and they have been actively doing their best since then.

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Ethereum smart contract compatible sidechain switches to DPoS consensus and Ethereum smart contract compatible sidechain upgrades to Constantinople is scheduled for the Third…

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The internet powered by the blockchain technology is the major focus of ELA.  They focus on making digital assets scarce, identifiable and traceable.

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Ayobami Abiola, Writer at The Currency Analytics tweeted:  “Elastos (ELA) have been active and working meticulously on their progress.

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Elastos recently tweeted:  “We are pleased to announce the launch of the new Elastos.Info website!

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The Elastos Info blog is set to focus on areas where the official EF and CR blocks have not focused.

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Feng Han, Co-Founder in a previous interview stated how he was discussing Ethereum way back in 2017 with some blockchain technical experts.

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He also recollected how the problem already started to show itself. He also spoke about how the Ethereum Virtual Machine had all the smart contracts and Dapps coupled on-chain.

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He recollected how even a small program like crypto kitties got stuck on Ethereum. He stated that they felt the need for the bottlenecks to be solved for efficient functioning.

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He stated that Elastos Virtual Machine is not on chain and on how originally it was not a blockchain project, but a decentralized internet project that wants to create a safe p2p…

The Currency Analytics

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