aelf (ELF)

Rank #346

Market snapshot

Price
$0.058189
Market cap
$47.9M
24h volume
$10.3M
Circulating supply
822,717,720.0015
Total supply
996,443,484.2173
Max supply
N/A

What is aelf?

aelf is a cryptocurrency that aims to provide a platform for decentralized applications (dApps) and smart contracts. It utilizes a unique multi-DAppChain structure and AI-enhanced architecture, which allows for parallel processing and improved transaction handling, making it suitable for both AI and non-AI applications.

How aelf works

aelf operates on a blockchain that combines artificial intelligence with blockchain technology. Its multi-DAppChain structure allows multiple dApps to run simultaneously, enhancing the network's capacity to manage a growing number of transactions. This architecture supports secure and scalable solutions for developers and users alike.

Key information

Symbol
ELF
CMC rank
#346
Network / platforms

BNB Smart Chain (BEP20), Ethereum

Categories
N/A
Date added
Dec 21, 2017

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

  • BNB Smart Chain (BEP20)

    0xa3f020a5c92e15be13caf0ee5c95cf79585eecc9
  • Ethereum

    0xbf2179859fc6D5BEE9Bf9158632Dc51678a4100e

Key characteristics

aelf is categorized under several tags, including smart contracts, layer-1, interoperability, cross-chain, DAO, dApp, and DPOS. Its open-source design allows developers to contribute and innovate within the ecosystem. The platform's AI-enhanced capabilities further optimize performance and scalability for various applications.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is aelf (ELF)?
aelf (ELF) is a cryptocurrency designed to facilitate a more efficient blockchain ecosystem, focusing on decentralized applications and smart contracts.
How does aelf operate?
aelf operates on a blockchain that combines AI with blockchain technology, utilizing a multi-DAppChain structure for parallel processing and enhanced transaction handling.
What are the key technical features of aelf?
aelf features an open-source design, AI-enhanced architecture, and supports multiple dApps running simultaneously, making it scalable and efficient.
What are the risks associated with transferring aelf (ELF)?
Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets and ensure secure handling of private keys.
How can I verify aelf (ELF) before acquiring it?
Verify the asset name, network, and contract details before transferring. Confirm the destination address and review custody methods.
Where can I find official resources for aelf?
Official resources for aelf can be found on their website at http://aelf.com/ and their GitHub page at https://github.com/aelfProject.

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