WHAT IS ELASTOS (ELA) AND IS IT UNDERVALUED?

in elastos •  7 years ago 


Today we are learning more about Elastos (ELA) a blockchain based operating system aiming to create a new Internet system and questioning whether this blockchain is currently undervalued.

Elastos is creating an entire smart economy focused on security, digital assets, monetizing computing power, and financially incentive trade of digital assets . Elastos's lowers its main blockchain pressure by its ability to share multiple sidechains. Sidechains can also be duplicated to extend sidechain-level service capability and the extension of this computing power can be (according to their sub reddit) infinite.

What are your thoughts on Elastos (ELA)? Is it undervalued at its current market cap of about 240 million? Will Elastos's technology and upcoming re-brand propel its value into the top 50 on the coin market cap soon? How does Elastos compare to other blockchains like Ethereum, Cardano, NEO, or EOS? Please share your thoughts and opinions in the comments section down below.

Elastos - A Beginner's Guide
https://www.reddit.com/r/Elastos/comments/7xihw9/elastos_a_beginners_guide/

Elastos Deep-Dive — By Huobi News Special Journalist
https://medium.com/elastos/elastos-deep-dive-by-huobi-news-special-journalist-4e601bc963a5

Elastos (ELA) website
https://www.elastos.org/

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IMO, the holy grail is on-chain scaling. No one has really cracked the code yet, as far as I can tell. If we must have sidechains, then this seems like a good implementation and more generally, they seem to have some good ideas. I say get em' all! I want ALL the coins! Bwaahaahaa!

When this came across my radar a few weeks ago, I was instantly convinced this was a great piece of tech. Unfortunately, the only exchange to get it is Huobi, which is a good exchange, don't get me wrong, however creating an account becomes an issue if within the US.

We agree that ELA being listed on only one exchange is an issue. Let's see if it gets listed by other exchanges soon and if that would impact the price.

Glad you also like Elastos, huge potential for sure!

I like elastos i mean is a good project based in the neo blockchain the worst until now is that we can see just some exchanges where you can buy them and the price is high too. Regards

I was previously unknown to Elastos. now I got understand something about elastos to read this post. Thank you for sharing this post and Video with us.

Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
ADACardano0.373$7.79%34.85%
ELAElastos47.428$5.99%16.58%
EOSEOS18.784$8.73%30.14%
ETHEthereum682.265$4.38%8.9%
NEONEO83.882$3.95%14.95%

great post
thanks for information about cryptocurrency