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Elastos is designed to create a secure, scalable internet infrastructure utilizing blockchain technology. It aims to enable decentralized applications (dApps) to operate within a safe ecosystem, ensuring data ownership and mitigating unauthorized access to digital assets. The project provides a decentralized internet model that separates network communications from application computing, enhancing security and scalability.
Elastos distinguishes itself by offering a fully decentralized internet that detaches dApps from traditional web infrastructures. It employs a unique hybrid consensus mechanism combining Proof-of-Work (PoW) with Delegated Proof-of-Stake (DPoS) to secure its blockchain. This approach, along with its SmartWeb, carrier nodes, and decentralized identity (DID) system, provides a robust ecosystem for data ownership and digital asset creation.
The Elastos SmartWeb offers an innovative approach to creating and utilizing digital assets and identities securely. It facilitates decentralized communication through carrier nodes, enhancing privacy and security. The SmartWeb supports various applications such as gaming and finance, promoting trust and transparency inherent in blockchain technology. This secure internet infrastructure prevents common internet vulnerabilities and ensures data and application integrity.
elastOS serves as the flagship application of the Elastos ecosystem, integrating its decentralized components into a single platform. Available on Android and under development for iOS and desktop, elastOS consolidates dApps and services, allowing users to interact with the Elastos ecosystem seamlessly. It embodies Elastos' vision of a secure and scalable decentralized internet, providing a unified interface for accessing blockchain applications.
Elastos employs a hybrid consensus model integrating the secure hashpower of Bitcoin with the Delegated Proof-of-Stake (DPoS) systems, ensuring both security and efficiency. This combination leverages Bitcoin's robustness for security while incorporating DPoS' democratic features for faster processing. Additionally, sidechains and decentralized storage enhance the scalability and integrity of applications within the ecosystem.
The Cyber Republic is a community-governed initiative by Elastos that promotes blockchain adoption through a grant fund. It supports both startups and established businesses interested in leveraging blockchain technology. This autonomy enables developers and entrepreneurs to explore new projects within the Elastos ecosystem, fostering innovation and expanding the reach of decentralized applications and services across various sectors.
A decentralized internet platform prioritizing digital ownership and user privacy.
Elastos aims to redefine the digital landscape by constructing a decentralized internet platform that prioritizes users' control over their data, security, and privacy. By integrating blockchain technology, Elastos provides an innovative infrastructure that allows developers and users to handle digital assets, applications, and identities in a secure and decentralized manner. The platform seeks to resolve ongoing challenges related to data ownership and user privacy by empowering individuals with decentralized identifiers (DIDs), ensuring users retain ownership and control over their digital presence. At its foundation, Elastos combines the security of Bitcoin's hashpower with a hybrid consensus model that includes Delegated-Proof-of-Stake, providing a highly secure and scalable network environment. The Elastos operating system serves as an enabling environment for decentralized applications, functioning seamlessly with the SmartWeb initiative to merge traditional internet functionalities with a blockchain-based environment.
Elastos aims to redefine the digital landscape by constructing a decentralized internet platform that prioritizes users' control over their data, security, and privacy. By integrating blockchain technology, Elastos provides an innovative infrastructure that allows developers and users to handle digital assets, applications, and identities in a secure and decentralized manner. The platform seeks to resolve ongoing challenges related to data ownership and user privacy by empowering individuals with decentralized identifiers (DIDs), ensuring users retain ownership and control over their digital presence. At its foundation, Elastos combines the security of Bitcoin's hashpower with a hybrid consensus model that includes Delegated-Proof-of-Stake, providing a highly secure and scalable network environment. The Elastos operating system serves as an enabling environment for decentralized applications, functioning seamlessly with the SmartWeb initiative to merge traditional internet functionalities with a blockchain-based environment.
