Categories: News

Elastos��The Modern Internet

BEIJING, CHINA�- Media OutReach - 21 May 2019 - Elatos is the
first blockchain-driven smart web with security and trust. It was
created by the
founder Rong Chen, the co-founder
Feng Han as well as Bitman cofounder
Jihan Wu and NEO founder Hongfei Da.
The project of Elastos
has been established for 20 years and has received nearly
200 million investments from Foxconn.
Comparing
to other blockchain projects, Elastos has strong technical advantages on all its infrastructures that include Elastos
Blockchain, Elastos Carrier, Elastos Runtime, and Elastos Services.

So far Elastos mainnet has been
upgraded and its
consensus mode is AUXPoW+DPoS. After the joint mining is officially
opened to the entire
network, Elastos
mainet has been successively connected with the top ten
mining pools with
biggest hash power in the world, including BTC.com, BTC.TOP, ViaBTC,
F2Pool fish pond, Huobi.pool,
etc. The current hash
power has reached 43% of the whole network, and Elastos becomes
the second largest project after BTC
in terms of hash power.

In
addition, the Elastos DPoS Supernode
campaign is also underway. So
far there are nearly 100 participating nodes from more than
20 countries across Asia, Europe, Southeast Asia, North America, etc. The
participating nodes are blockchain enthusiasts, ecological partners, major
mining pools or investment
institutions, etc. They will participate in the construction for ecosystem
and community in terms
of technology,
professionals, users and funds, and also provide a solid backing for
the prosperity of the Elastos ecosystem and the massive outbreak of the apps commercialization.
In this way, we work together to accomplish the mission of the Elastos smart
web.