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What is cryptocurrency Aelf

Cryptocurrency Aelf is a digital platform token that works to create a site that can combine decentralized applications in one place. Aelf developers want to apply their development on the Internet of things, financial sector, insurance and digital identification. This development will contribute to the development of new startups and will begin to introduce the existing business with the blockchain technology.

The Aelf platform is a blockchain of the third generation.

Features of cryptocurrency Aelf

The main feature that lies at the core of the Aelf platform are sidechains. Thanks to the application of several levels of sidechains, the Aelf platform can simultaneously work on several tasks. This allows the network to be as efficient as possible by allocating tasks between multiple sidechains.

On the official site of the project presented the following scheme of the platform.

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Prospects of cryptocurrency Aelf

The project Aelf has very good prospects, but to start normal work, developers will have to work a lot. In February 2018, the team will start testing the platform core, after which the release of its own operating system will be released in May. The full launch of the platform is scheduled for early 2019.

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If the creators of cryptocurrency Aelf will be able to implement all the ideas we have conceived, we will get another platform that can bring together many decentralized applications in one place.

Where to buy cryptocurrency Aelf

25% of the trades of cryptocurrency Aelf, which has a ticker ELF pass on the cryptocurrency exchange Binance. You can buy ELF both for BTC and for ETH. As of February 19, the cost of cryptocurrency ELF is equal to $1.53 with the total capitalization of the project of 383 billion dollars. These indicators allow the project to occupy the 60th place in the rating by capitalization on CoinMarketCap.

Conclusion

Platform Aelf in its functionality is very similar to the project Cardano, so, to understand the perspectives of ideologies that are inside of them, you need to follow these projects. That’s all, if you like what we do, subscribe to our social networks to create your bitbetnews community.

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