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Elastos Stock

Elastos

ELA

Price

1.34
Today +/-
+0
Today %
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Elastos Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
BitgetELA/USDT1.291,306.475,614.682.09 M0.11cex2107/9/2025, 6:24 AM
GateELA/USDT1.311,886.134,987.3113,854.680cex2567/9/2025, 6:23 AM
HibtELA/USDT1.32,141.073,347.2850,988.920.01cex2957/9/2025, 6:18 AM
Coinbase ExchangeELA/USD1.316,910.4818,638.645,703.560cex3187/9/2025, 6:23 AM
BingXELA/USDT1.33,798.456,500.9728,189.260.01cex2117/9/2025, 6:21 AM
KuCoinELA/USDT1.311,511.216,338.1214,118.930cex2097/9/2025, 6:23 AM
HTXELA/USDT1.3725.982,059.15,195.560cex1537/9/2025, 6:23 AM
WEEXELA/USDT1.2980.8584.854,328.360cex487/9/2025, 6:21 AM
TRIVELA/USDT1.291,824.354,215.852,545.890.02cex1907/9/2025, 6:21 AM
CoinExELA/USDT1.3870.6616.242,538.160cex257/9/2025, 6:23 AM
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Elastos FAQ

### What Is Elastos (ELA)? Elastos (ELA) is a blockchain platform designed to create an internet infrastructure for a decentralized economy. The platform enables secure and decentralized applications by integrating blockchain technology, allowing for both security and scalability. As a smart web project, Elastos provides a suite of tools for developers to build interoperable projects across blockchain networks. In addition to its security features, Elastos offers a digital identity system to enhance user privacy and ownership rights. The platform's main goal is to create a new internet powered by blockchain technology, where users have control over their own digital assets, and decentralized applications can flourish without the risk of data breaches or unauthorized exploitation of private information. To obtain up-to-date information on Elastos (ELA), users can refer to Eulerpool, which provides comprehensive data and analysis on the cryptocurrency's market performance, price fluctuations, and market trends.

Elastos, established in 2017 and based on a vision dating back to 2000, represents a blockchain-driven version of the internet. A significant advancement is its launch of BeL2, a Layer 2 solution that utilizes SmartWeb technology to transform Bitcoin transactions. By building the Bitcoin second-layer network BeL2, Elastos aims to enhance the efficiency and scalability of the Bitcoin network through the use of smart contracts. This initiative intends to empower Bitcoin to drive a smart economy and unlock the liquidity of hundreds of billions of dollars in staked Bitcoin assets. With more than 50% of Bitcoin's hash power secured through merged mining, ELA demonstrates exceptionally high security and reliability in its network, which has earned it the prestigious moniker "BTC Queen" within the community.

### Founders of Elastos The founders of Elastos are a team of visionaries and industry experts who have leveraged their extensive experience in technology and entrepreneurship to develop the platform. Their leadership has been instrumental in establishing Elastos as a significant player in the blockchain ecosystem. For detailed information on the project's founders and the team behind Elastos, you can visit the Eulerpool website.

Rong Chen, formerly a senior software engineer at Microsoft, is the founder of Elastos. He launched the project after returning to China following his role at Microsoft Research, with the vision of creating a web-centric operating system. In 2017, Feng Han joined Rong Chen as a co-founder to incorporate blockchain technology into the project, furthering its development and goals.

What Distinguishes Elastos?

Elastos is built on four foundational pillars that facilitate network separation and platform flexibility: blockchain, runtime, carrier, and software development kit (SDK). The blockchain component differentiates application functionality between the main chain and side chains for each specific application. This flagship product of the Elastos Smartweb incorporates the entire decentralized ecosystem into a single application. Elastos distinguishes itself through the integration of BeL2, a Layer 2 solution that enhances Bitcoin's capabilities. This integration offers improved scalability, advanced smart contract functionality, and increased security via Zero-Knowledge Proofs. BeL2 addresses Bitcoin's challenges regarding transaction speed, smart contract complexity, and privacy concerns, signaling a new era in blockchain functionality.

What is the Total Circulation of Elastos (ELA) Coins?

Elastos has a maximum supply of 28,220,000 ELA coins. It is important to note that Elastos is actively seeking both new and existing decentralized application (DApp) projects through its Cyber Republic initiative.

How is the Elastos Network Secured?

The Elastos mainchain is an open-source blockchain protocol that utilizes a distinctive Elastic Consensus mechanism for enhanced security and efficient transaction execution. This mechanism integrates three systems: Auxiliary Proof of Work (AuxPoW) for block production, which is merge-mined with Bitcoin; Bonded Proof of Stake (BPoS), which combines elements of delegated proof of stake and proof of stake to ensure secure block finality; and Proof of Integrity, which is supported by Elastos' decentralized autonomous organization (DAO) to provide additional security for both the mainchain and sidechains. This combination establishes a robust and efficient foundation for decentralized applications. For further information, you can visit the Elastos Mainchain Introduction page.

Where Can Elastos (ELA) Be Purchased?

You can currently purchase ELA on the following exchanges: - Coinbase - Crypto.com - Bitget - KuCoin - Huobi Global If this is your first time buying any cryptocurrency, you can begin by learning more about purchasing Bitcoin here.

Investors interested in Elastos are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.