What is ELF?
Aelf is a decentralized self-evolving cloud computing network designed to meet various commercial requirements through an efficient multi-chain parallel-processing system. It features cross-chain communication and self-evolving governance.
Aelf introduces three key innovations:
1. Scalable Nodes on Clusters of Computers
2. Resource Isolation for Smart Contracts ("one chain to one smart contract")
3. Voting by Token Holders
ELF tokens are used to pay resource fees within the system, including deploying smart contracts, operating and upgrading systems (transaction fees, cross-chain data transfer fees). Additionally, ELF tokens enable the community to vote on major decisions, such as electing mining nodes and introducing new features to the system.
