Elf to Host Meetup in Singapore on December 22nd
Elf is organizing a Web3 Christmas meetup in Singapore on December 22nd. The event is aimed at providing an opportunity for the blockchain community to interact and engage beyond the professional environment.
Refer to the official tweet by ELF:
ælf@aelfblockchainDic 03, 2023🎄✨ Get ready to jingle and mingle at our WEB3 Christmas Meetup! 🎉
🌟 Join us for a merry evening of bonding and laughter, and get to know the amazing #blockchain community beyond the office walls! 🎅✨ Many fringe activities are waiting for you!🎊
🗓ï¸ Save the Date: Friday,… pic.twitter.com/stvCEuYHG8
ELF Info
Aelf is an one-stop solution for Web3 DApps, built upon a cloud-native, high-performance, next-gen blockchain system. With its various infrastructures and developer tools that underpin Web3, applications in Aelf ecosystem can run in a secure, fast, and cost-efficient manner.
The main feature of the Aelf project is the creation of scalable blockchains that can operate in parallel and efficiently process transactions. This is achieved through the concept of “one chain to one type of contract”, which enhances the network’s efficiency and speed.
The ELF token is used to manage network resources, including node management, token transfers, and the execution of smart contracts. ELF token holders can also participate in the Aelf governance system and vote on proposals for changes within the ecosystem.
The Aelf platform utilizes the Delegated Proof-of-Stake (DPoS) consensus algorithm, which reduces energy costs and increases network throughput. DPoS also eliminates the risks associated with mining centralization in traditional Proof-of-Work (PoW) blockchain systems.