Elastos is not only a cryptocurrency project, but also a web-based operating system. An operating system that uses blockchain technology to achieve peer-to-peer, decentralized, secure and tamper-proof digital asset transmission, storage and trading of smart contracts and running DApps in an ecosystem. Elastoscoin is the first Internet to use the Internet not as an application, but as the foundation for Elastos(ELA) runtime execution. This means that any Dapp has to run through the Elastos engine before it can communicate over the Internet, providing strong security and stability. Elastos' unique approach harks back to the full power of blockchain technology and innovates exciting new ways of using distributed, peer-to-peer and decentralized operating systems to accomplish complex tasks, such as securely transferring value in irrefutable ways. Elastos is one of the most innovative projects, using blockchain concepts to drive the complete, self-sustaining ecosystem created by RongChen and FenHan.

Yilai cloud provides a secure and reliable foundation for the platform with block chain technologies such as main side chain structure, multi-layer consensus and smart contract consensus computing. It also builds decentralized identity, communication, storage, computing and other platform services, aiming to provide a system platform to support distributed applications, and at the same time provide good user privacy protection and data security, becoming the engine of the wave of data assets.

Now the Internet use TCP/IP protocol, this will make computer receives hacker attacks, full of virus attacks in the decades of technology, but also to the cloud is not used, and in also to the cloud, all requests must be through a fort, such as also to cloud environment credible ID can only block chain, an authentication request is discarded, Ensure ecosystem security.

To cloud in solving the problem of expansion is also, by main chain + side chain structure, each node has a side chain, all running data or intelligent contract on its own side chain isolation after the operation, some data will be synchronized to the main chain, solve the performance problems, and provides the runtime environment for the large-scale application. Elastos OS/Runtime is a highly innovative decentralized operating system. As a container sandbox, Yilai Cloud OS forbids App to create processes directly and does not allow App to access TCP/IP directly, in order to isolate virus transmission channels. Elastos Framework creates and finds microservices deployed locally, around and in the cloud on behalf of apps, automatically generating remote calls and event callbacks to avoid the possibility of cyber attacks from third-party apps or services. The operating system of Yilai Cloud realizes de-centralization, and all operation records will not be recorded by the centralized server. The communication based on yilai cloud operating system is in the form of P2P, sandbox isolation is adopted in terms of security, and operation application and content uploading to blockchain are not synchronized.

The total number of ELA coins issued was 28.22 million, and the circulation was 1853.13 trillion, with a circulation rate of 65.67%.

The main usage scenarios are as follows: To provide a secure operating environment for large blockchain applications. Big data and digital content will be able to identify ownership on the memory block chain, similar to copyright applications. By trading tokens legally on the memory block chain for wealth, the exchange of value. Use ELA tokens to register ids for purchases of items such as DApps, digital products, and cloud storage. Elastos = Trusted ledger + Smart contracts + Profitable Dapps and digital assets, etc.

1. DApp developed on Yilai cloud will use ELA to pay for services such as domain name registration, search engine, page ranking, and acquisition of UUID(universal unique Identifier) of digital assets, and will use ELA to subsidize bandwidth, IPFS, etc. 2. The Yilai Cloud Ecosystem Partnership project must lock in at least 2%-5% of the project's tokens, 20% of which (converted into ELA) will be used for the development of the Yilai Cloud Fund, and 80% of the actual project tokens will be awarded to ELA holders.

1. Yilai Cloud blockchain provides credit and transaction basic services for its ecosystem. It adopts the architecture of main chain + side chain. 2. Decentralized P2P network provides decentralized Internet basic services for Yilai Cloud ecosystem. These include decentralized domain name services, decentralized computing services, and decentralized storage services. Elastos Carrier uses UDP transparent NAT traversal technology and related accessories to connect any two nodes directly. 3. Yilai cloud main chain uses DPoS and PoW consensus algorithm for joint mining with Bitcoin. Joint mining means they can directly take advantage of bitcoin's security guarantee.

The overall technical background of the team is good, and the technical accumulation is mainly in the development of operating system. Most of the team members come from the development team of the original Yilai cloud operating system. Yilai Cloud team, you can see the operating system of the bull Chen Rong and blockchain early members, the company's CEO Chen Rong has 8 years of operating system development experience in Microsoft. The members of Yilai Cloud Foundation are very strong, including Wu Jihan, founder of Bitmain, the world's largest computer power controller, and Da Hongfei, founder of NEO, the benchmark project of Chinese blockchain.

The biggest competitor is IOTA, whose network is built for the Internet of Things. Its Tangle is an open, free and scalable distributed ledger designed to support frictionless data and value transfer. Elastos is not only a cryptocurrency project, but also a web-based OPERATING system, an operating system that uses blockchain technology to deliver peer-to-peer, decentralized, secure and tamper-proof digital assets in an ecosystem, storing and trading smart contracts as well as running DApps.

Also to cloud as a veteran public chain is not high visibility, early all kinds of slogans, so far it can be said that one has not been realized, the price of the currency fell from a high point only a small percentage. Moreover, as a domestic public chain, there is almost no operation on wechat and Weibo, with few daily activities except occasional project announcements. The previous platform of the various bosses have disappeared, compared with the initial online heat can be said to be a steep fall. In the development of the project code has been submitted, but now there is no layout in the tuyere field, limited imagination space, it is difficult to attract attention of funds. Now the only thing we can do is to rub off on the security of bitcoin's computing power. If you participate in bitcoin mining, you can get ELA rewards. It is easy to establish consensus and there is enough security guarantee.

The current tuyere field layout is called less, the landing scene imagination space is limited, it is difficult to attract the attention of funds.

1. Ambitious blockchain operating system. Decentralized fully automatic intelligent economy needs a secure operating system, and a large number of decentralized applications (DAPPS) can be safely launched. There is a huge gap, and blockchain technology lacks an entrance to the lives of ordinary people. At the heart of ELA is the development of a blockchain operating system. Chen Rong, the company's CEO, has eight years of operating system development experience at Microsoft. The whole project has huge demand space in the future. 2. A decentralized smart Internet. Yilai Cloud vision is to build the world's leading decentralized Internet, become the aircraft carrier of decentralized applications. Decentralized intelligent Internet originated from Chen Rong's basic design idea that Internet access is not calculated, and computing is not Internet access, as well as the concept of intelligent World Wide Web (Smartweb). Also to cloud intelligent Internet using main chain + side chain mode. The concept of the project is very cutting-edge and belongs to the industry leading level. 3. The overall technical background of the team is good. Technical accumulation is mainly in the development of operating system, and most of the team members come from the development team of the original Yilai cloud operating system. Also in the cloud team, you can see the operating system of the bull Chen Rong and block chain early members. The members of Yilai Cloud Foundation are very strong, including Wu Jihan, founder of Bitmain, the world's largest computer power controller, and Da Hongfei, founder of NEO, the benchmark project of Chinese blockchain.