the ELF currency is the primary tokens aelf platform, mainly used for paying aelf resource pay and governance decisions, including paying resources deployment, including smart contracts to upgrade and perform operations (such as transaction fees, cross chain data transfer fees, etc.), governance decisions including the election of node, the system of charge to an account for examination and approval of new features and product major update of decision making.
AELF is a decentralized cloud computing blockchain network built specifically for the new economy. The AELF main chain + multi-chain structure enables developers to independently deploy or run distributed applications based on a single side chain to achieve effective isolation of resources. Aelf achieves a great breakthrough in performance by adopting parallel computing and AEDPos consensus mechanism, which can bear the requirements of HIGH-FREQUENCY trading. Aelf's cross-chain technology based on main chain lead and verification mechanism realizes the information interaction between main chain and side chain, as well as between side chains, facilitating the efficient transmission of value.
AELF can meet the governance requirements of different application scenarios by providing governance models of parliament, national governance and association, etc. Through the perfect incentive model, the system can be guaranteed to have strong ability of self-renewal and self-development. Aelf also provides a mature IDE on which developers can debug, develop, and deploy applications.
In order to promote the deep integration of AELF with different economic formats, AELF has launched aELF Enterprise, an overall blockchain commercialization solution for Enterprise users, based on the requirements of general business scenarios. It can address the pain points of different industries in supply chain management, credit establishment, user incentive, property rights protection and other aspects. To provide practical blockchain solutions for enterprise users, in order to promote the rapid development of blockchain + real economy. At present, AELF Enterprise has passed the blockchain certification of the Ministry of Industry and Information Technology and obtained the blockchain system Function Test certificate issued by the China Institute of Electronic Technology Standardization.