Elastos (ELA) Interview: What is Smartweb powered by Blockchain?

in bitcoin •  6 years ago 

Elastos (ELA) is huge in the blockchain space, especially in terms of Ambition. This also makes Elastos harder to understand than the average project - because it's not average. In this video we take a deep dive into the technology behind Elastos and why its necessary to run dapps in Virtual machines rather than just one single world computer. We also talk about Elastos merge mining with Bitcoin and how that secures the network and about the Elastos carrier that communicates between the virtual machines

1:34 Introduction to Elastos
2:27 Comparing Elastos to Ethereum
3:19 Elastos vs Siri
6:40 Elastos as a network operating project
8:08 Consensus mechanism for Elastos
10:51 Main chain and sidechain
12:35 Elastos merged mining with Bitcoin
14:46 How merged mining affects Elastos sidechains
16:28 How does the Elastos Carrier work
18:53 Mining nodes and Carrier nodes
22:10 Elastos Alpha release and details
27:19 Transfer of value of assets

website: https://www.elastos.org/en/

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Thanks for the post.
Elastos is very interesting - User privacy

SmartDapps?

Network operations system

Such a valuable interview about Elastos. We always learn something new about cryptos and blockchin technology from your video. Keep up your great work sir @boxmining.

I will keep it up and do it better

  ·  6 years ago (edited)

Wow friend excellent information. I like a new technology. This project are available for buy?I see that the project is sponsored by the antpool company

Saw this interview on your YOutube and it was informative as always. Love the way you bring a lot of news and information for us.

Great crypto interview. I love your crypto advice.

thanks

Lets See if elastos will ne around in 2020.

nobody can make sure the specific date

Been reading about this project nonstop in this crash. Thanks for the interview!

This is a great project that solve real world issue with privacy and security using the blockchain tech very innovatively. This type of technology could disrupt the use of the internet as we know it. Seems that it could be a ecosystem that helps network integration among various projects.

So many platforms but very few dapps lol

plenty of dapps working on elastos. they just aren't a hype machine like other projects.

sounds reasonable

hmmm the "one computer" a like the cloud computer..sems better. on everything. this is a bit over my technically level lol. but interesting non the less.

Doing good job keep it up.

Going big on ELA!

Great explanation really useful and informative video.

thank you

I love your every post.your every post is useful for steemit members.

you are my honest fans thank you a lot

(ELA) is a part of blockchin?

Ever since I discovered this project I´m that enthusiastic, I can´t even put it into words how amazed and in awe I am when listening to what Rong Chen has to say.
I´m a miner of btc and I´m so looking forward to #mergedmining Go ahead ELA!

isn't Elastos just an attempt by China to control the next internet?