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Elastos. A business model for the users.
#11
Just the name looks suspicious... Chinese made billions copying anything and everything. I don't know...
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#12
(2018-08-30, 09:31 PM)Cell Wrote: Just the name looks suspicious... Chinese made billions copying anything and everything. I don't know...

As Hugues says. Not everything from China is scam. If it's China based I still fear the control from the government and the trust of the people. Have been scammed twice but only one time I lost the money. The other time I had made an agreement with a business owner from USA that had a hardware store. He wanted to mine Bitcoin and was looking for investors to share. I made a contract with him. The hardware he had ordered from China never showed up. He was an honest man that took the hit and paid me back my money. ~$10.000
Cardano is the most promising 3 gen. crypto right now.


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#13
(2018-08-31, 07:52 AM)Carsten Wrote:
(2018-08-30, 09:31 PM)Cell Wrote: Just the name looks suspicious... Chinese made billions copying anything and everything. I don't know...

As Hugues says. Not everything from China is scam. If it's China based I still fear the control from the government and the trust of the people. Have been scammed twice but only one time I lost the money. The other time I had made an agreement with a business owner from USA that had a hardware store. He wanted to mine Bitcoin and was looking for investors to share. I made a contract with him. The hardware he had ordered from China never showed up. He was an honest man that took the hit and paid me back my money. ~$10.000

It is good to be suspicious a bit.
I do business with Chinese very often. I have been scammed once by Chinese. I never got my order delivered. Never heard from them again. My money (companies money) was lost. But it was no reason for me to stop doing business with Chinese. I still do and I am treated very well.
What is this thing that builds our dreams, yet slips away from us?

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#14
Well... you know that I can’t bash China that much... don’t you? ?

Still... with billions of peoples, and with the same proportion of crooks than anywhere else in the world, well, you made the maths. But, I trust your judgment on this. ??
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#15
(2018-09-01, 05:13 AM)Cell Wrote: Well... you know that I can’t bash China that much... don’t you? ?

Still... with billions of peoples, and with the same proportion of crooks than anywhere else in the world, well, you made the maths. But, I trust your judgment on this. ??

Elastos Blockchain
  • Trust Zone for the entire Elastos Smartweb
  • Scalability – Main chain and sidechain architecture 
    • Mainchain :   solely responsible for transactions and payment transfers
    • Sidechains :   smart contracts to support DApps, IDs, Digital Assets, Tokens
  • Merged mining:    BTC -> Elastos Mainchain -> Elastos Sidechain
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Development Team Achievements
Elastos Runtime:
Based on Chrome and Elastos Runtime, provides reliable runtime environment for H5 DAPP. Carrier is embedded.
Elastos Framework:  
Runtime environment for Native APP and Elastos Desktop
Elastos DAPP
Embedded Dapps including wallet, ID management, IM
Elastos Browser[/size]
  • Based on Chrome, integrated with Elastos Framework
  • Cordova and Ionic
  • Wallet, ID, IM embedded
  • Support the lifecycle of Dapp
    • development, packaging, installation, execution and uninstall
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H5 DApp Development Framework[/size]
  • DAPP Layer:  Ionic dev framework
  • Plugin Layer:  Cordova plugin, DID, Wallet CAR component, DAPP lifecycle ,Multi-DAPP via RPC
  • Engine Layer:  Chrome, Elastos Runtime, Carrier
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Completed:[/size]
  • Browser basic framework, Dapps container
  • Wallet, ID, IM embedded
  • Support the development, packaging, installation, run and calling between DAPPs
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Elastos DApp Runtime[/size]
  • CAR interface RPC, 32/64bit, Android and ubuntu platform supported
  • iOS version is under implementation.
  • File System and Network Permission management
  • Local Devices Access APIs
  • Wallet APIs
  • ID APIs
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Elastos DID[/size]
  • Decentralized ID based on Elastos ID Sidechain
  • Passport within Elastos Smartweb
  • DID can be human being, URL, DAPP or IOT device
  • Open DID, Authorized 3rd Party APP to login
  • KYC supported, linking to real identity
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Elastos Carrier[/size]
  • Decentralized 
    • Allows end to end data transfer without centralized server
    • Takes over all network traffic between virtual machines on behalf of Dapps
  • Secure and Encrypted combined with DID
    • ID Authentication is required before info is transferred through Carrier
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Quality management and Test development[/size]
  • Build Automatic test framework which covers Mainnet, Testnet and Wallet
  • Thorough test and maintenance approaches to ensure the smooth release of software and upgrade.
  • Conducted security Audit and anti-attack test on Mainnet, Wallet and Chain browser.
  • Set up process of code development, testing and deployment
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Performance Improvement[/size]
  • Improved the procedure of broadcasting transaction and block
  • Improved verification of previous transaction, reduce IO access
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Development Community Support[/size]

  1. Structured Documentation
  2. Easy-to-use Tools to support Exchanges docking
  3. Testnet public to the developer community. https://faucet.elastos.org
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Development Team Setup[/size]
  • 17  in blockchain,  average 6 years of experience
  • 10 in Runtime, Browser , average 8 years of work experience
  • Internship and DACA training
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Elastos Smartweb Alpha[/size]
  • Elastos Browser Alpha
  • Elastos Development Framework v 0.2
  • DApps
    • Light Node Wallet DApp
    • Instant Messenger DApp
    • A blockchain game DApp
  • Developer guide
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Trinity Browser Demo
KP Woods gave a presentation of the Trinity Browser Demo: https://www.youtube.com/watch?v=Dfjr_Mj5ov8
Elastos Training + Anniversary Powerpoint Slides
Elastos held an extensive developer training session during the week leading up to the Anniversary Event. The full Powerpoint slides for the presentations can be found here:
Evangelist Training Slides[/size]
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First Year Anniversary Event Powerpoint Slides
Less Technical Summary
Merged mining was deployed with Bitmain mining pools starting with btc.com. This means that miners who join the mining pools for Bitcoin mining can also earn ELA as a reward because the miners can submit proof of work to both the Bitcoin and Elastos Blockchain simultaneously, with the same energy and hashpower. This merged mining can also be passed on from Bitcoin to the Elastos main chain to any number of Elastos sidechains to secure thousands of applications that might be connected to these sidechains. Elastos browser had its Alpha launch which integrates the Elastos Runtime and Elastos Carrier in it where http/https calls are disabled. This means that the applications developed for this browser are run inside the Elastos runtime environment while the communication is taken over by a decentralized peer to peer network called Elastos Carrier, while the IDs are authenticated using Blockchain. Each device, each url, each user, which is to say, everything gets an ID on the Elastos ecosystem. The browser supports an embedded wallet that contains support to hold the mainchain currency, ELA and the ID sidechain token. In the future, this same wallet can be extended to hold any number of Elastos sidechain native tokens. As part of the Elastos Smartweb Alpha, a number of demo apps were also released including wallet, instant messenger, blockchain based games and a CAR demo. In the future, the AuxPoW+DPoS consensus protocol will be implemented where the miners mine blocks via merged mining with BTC while DPoS nodes are used to sign blocks to create a finality on the blocks, thereby making it very difficult for a hard fork to happen. Some of the sidechains are also in active development, such as Ethereum smart contracts sidechain, NEO smart contracts sidechain, token sidechain and digital assets sidechain. The Elastos Smartweb Beta is scheduled to be released by the end of the year.
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Community News
The Elastos Foundation announced the commencement of three major developments on August 25th at our One Year Anniversary Event in Chiang Mai, Thailand. Merge mining with Bitmain, the Alpha release of the Elastos Smartweb, and the official launch of Cyber Republic are all live. For more details: https://elanews.net/2018/08/27/elastos-c...-smartweb/
The Elastos Infographic Contest produced many fantastic visuals that express our technology and infrastructure in easy to understand formats. Thank you to everyone who submitted for continuing to help us prove that a community driven approach can produce top quality content. Winners and their submissions can be found here: https://elanews.net/2018/08/30/elastos-infographic-contest-winners/


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Elastos Community Leader, Kevin Zhang, shared his experiences over the past 2 months, visiting 14 countries and attending 19 meetups organized by the Elastos community. According to Kevin, the most important factor to make Elastos successful is the amount of DApps running on top of Elastos. DApp developers will play a very important role in the ecosystem and his aim is to motivate them and encourage them to build on Elastos through Cyber Republic.
Link: https://www.youtube.com/watch?v=nKUIRsNkXXE[/size]


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Elastos PR Director, Hao Cheng, shared the PR dynamics of the year highlighting major events attended and awards received by Elastos.[/size]


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Elastos Chief Secretary, Hongjie Hu, disclosed the Annual Expenditure of the Elastos Foundation and announced the burning of 453,415 ELA[/size]


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Elastos Co-Founder, Feng Han, spoke about evaluating a cryptocurrency investment by focusing on four major points:[/size]
  • Vision
  • Team Leaders
  • Key problems they are solving
  • Global Community
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Feng also announced the beginning of merged mining with Bitcoin and his plans to set up a fund with Jihan Wu for the development of the Elastos Ecosystem.
While Jihan Wu was not in attendance at the anniversary, he had this to say about the announcement of merged mining.[/size]

Quote:“At Bitmain, we strive to be at the forefront of recognizing new, innovative technologies in the blockchain space as well as the cutting edge teams leading the way to mainstream adoption — Elastos is one of those projects. There are very few projects we have opened our community up to, and there are currently only three merged mining with Bitmain. I have an immense amount of faith in the potential impact of Elastos, which is not limited to the blockchain space alone. We look forward to continuing to be a part of the community promoting the Elastos ecosystem.”
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Rong Chen said of the announcement,[/size]

Quote:“ELA is one of the first coins to be merged mined with Bitmain. This partnership serves as an affirmation of the strength of the Elastos community and technology. The accomplishments in our first year alone are indicative of Elastos’ potential to make waves far beyond the blockchain space — we are on track to change the whole internet industry, its users, digital ecosystem and to create an industrial strength IOT network. This is the internet of the future, where people will own their data, and connect directly and securely.”
 


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A new website for cyberrepublic.org and a totally new brand were born at the anniversary. Cyber Republic is an online country where entrepreneurs and developers can join together to help build the Elastos vision and be rewarded in the native currency of ELA. This website is in its alpha version and will continue to be updated as the project grows.
Initially conceived of as a place for developers and community members to find tasks to complete and be rewarded in ELA, the new Cyber Republic is a much grander and more ambitious project. To start, the Elastos Foundation ceremoniously gave 16.5 million ELA to Cyber Republic during the Anniversary Event.
[Image: 1*e971PIWgjv12t3fazlhXlw.jpeg]
This total, nearly half the total coin supply, is more than a symbolic gesture. Cyber Republic will have full autonomy over these coins and will be able to build their own government and plans for the use of the coins. For the near future, an Interim Cyber Republic Council made up of Fay Li, Chief Marketing Officer, Kevin Zhang, Head of Development, and Yipeng Su, Chief Architect, will manage the funds and major hiring decisions for the online country. However, these are temporary posts that will evolve as the Cyber Republic Constitution is completed and a government mechanism is put in place to self-run the ecosystem with global leadership and democratically elected representatives. We hope to have our voting mechanism in place by June 2019, at which point the public will be able to start voting for the Cyber Republic Council Members and Secretaries.
Fay Li, Chief Marketing Officer of Elastos, said of Cyber Republic,[/size]

Quote:“We are starting an online country that will enable entrepreneurs and developers to democratically build the new internet, and we are giving almost half of our coins to fund it. Our first initiative for Cyber Republic is to fund the construction of 100 decentralized applications on Elastos. We are the first blockchain project to do this.”
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The main initiatives announced were two projects, CR100 and Empower35.

CR100

CR100 is the flagship project of Cyber Republic, inviting teams of entrepreneurs to apply for funding to design and build the next great Elastos Ecosystem DApp. The 100 projects listed are templates that exemplify the diversity and abilities of the Elastos infrastructure.
Each project represents a different use case for a decentralized application that can disrupt the current landscape of applications. Teams are asked to use these ideas as inspirations for either their own future or existing whitepapers and to submit detailed proposals that outline their plan.
The Cyber Republic Council will select projects that are particularly promising and provide funding of 100k USD in ELA to a chosen team for 5% equity or tokens as an angel investor. Funding will be provided as milestones are hit based on the whitepaper submitted. While CR100 is designed to create variety, funding may be provided to more than one DApp in each category. Teams are also allowed to submit their own unique proposal.
This project is designed to really showcase what Elastos can do. Allowing the public to come in and submit their ideas and be supported by Cyber Republic is a pioneering project in the blockchain space that puts the philosophy of the Republic on display with real and tangible action.
The doors are open, now come and build with us.

Empower35

Empower35 is a project to select the future leaders, managers, and congresspeople of Cyber Republic. This group of experts in partnership development, marketing, business development, DApp analysis, DApp consulting, security, translation, writing, product management, media production, law, public speaking, and investment will be the first representatives that will shape and enable all future growth of the autonomous and decentralized democratic republic. In the coming weeks, CR will begin accepting applications for each role and positions will be selected by the Cyber Republic Council.
Each position comes with an annual compensation of 100k USD paid in ELA.
Responsibilities for each applicant include:[/size]

  1. Building and leading their own teams of members with the same expertise.
  2. Incubating the CR100 projects based on their experience.
  3. Applying for a budget based on their proposal to manage and hire their own teams in each respective area.
  4. Finding the next group of leaders as our Republic continues to expand and work towards our goal of full democratic decentralization.
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Cyber Republic is looking for top candidates to lay the groundwork for all future growth and enable this very modern and exciting project to flourish. This is a bold and unique idea and Elastos is thrilled to support global cooperation and decentralization as we all watch the new internet be built.[/size]


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Rong Chen gave an in depth talk on “A Computer Science Perspective of Elastos”
Link: https://www.youtube.com/watch?v=CTUrjblXwcc[/size]


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Ecosystem Partners
Ecosystem Partner: ioeX | Speech by Aryan Huang
Link: https://www.youtube.com/watch?v=C08hMHgO52U[/size]


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Ecosystem Partner: Viewchain | Speech by Frank Wang
Link: https://www.youtube.com/watch?v=k90pJ1KNOag[/size]


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Ecosystem Partner: Bit.Game | Speech by Kelvin Wong
Link:https://www.youtube.com/watch?v=gqC1H2OmTY4[/size]


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Ecosystem Partner: Hashworld | Speech by Yifan Song & Zijie Yuan
Link: https://www.youtube.com/watch?v=dydkswhVAU8[/size]


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Ecosystem Partner: WeFilmChain | Speech by Garnet Campbell
Link: https://www.youtube.com/watch?v=irMZIoYBZNQ[/size]


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[Image: recap.jpg?189db0&189db0]
Anniversary recap and AMA webinars were hosted by Elastos for the global community.
EU Link: https://www.youtube.com/watch?v=AVJ-qiJmwH0
US Link: https://www.youtube.com/watch?v=E7Zn-ASQfPo[/size]


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Team Building and Activities
 
[img=150x0]https://elanews.net/wp-content/uploads/2018/08/photo_2018-08-31_02-48-56-150x150.jpg?189db0&189db0[/img][img=150x0]https://elanews.net/wp-content/uploads/2018/08/photo_2018-08-31_02-49-07-150x150.jpg?189db0&189db0[/img][img=150x0]https://elanews.net/wp-content/uploads/2018/08/photo_2018-08-31_02-49-12-150x150.jpg?189db0&189db0[/img]
[img=150x0]https://elanews.net/wp-content/uploads/2018/08/photo_2018-08-31_02-49-16-150x150.jpg?189db0&189db0[/img][img=150x0]https://elanews.net/wp-content/uploads/2018/08/photo_2018-08-31_02-49-20-150x150.jpg?189db0&189db0[/img][img=150x0]https://elanews.net/wp-content/uploads/2018/08/photo_2018-08-31_02-49-24-150x150.jpg?189db0&189db0[/img]
[img=150x0]https://elanews.net/wp-content/uploads/2018/08/photo_2018-08-31_02-49-31-150x150.jpg?189db0&189db0[/img][img=150x0]https://elanews.net/wp-content/uploads/2018/08/photo_2018-08-31_02-49-37-150x150.jpg?189db0&189db0[/img][img=150x0]https://elanews.net/wp-content/uploads/2018/08/photo_2018-08-31_02-49-41-150x150.jpg?189db0&189db0[/img]
[img=150x0]https://elanews.net/wp-content/uploads/2018/08/photo_2018-08-31_02-49-47-150x150.jpg?189db0&189db0[/img][img=150x0]https://elanews.net/wp-content/uploads/2018/08/photo_2018-08-31_02-49-51-150x150.jpg?189db0&189db0[/img][img=150x0]https://elanews.net/wp-content/uploads/2018/08/trekking-150x150.jpg?189db0&189db0[/img]

The Elastos Team participated in several activities in Chiang Mai.[/size]


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August 27
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Elastos hosted a developer meetup in Chiang Mai[/size]


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August 29
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Elastos community members organised a meetup in Bangkok.[/size]


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August 30
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Feng Han attended the Blockchain World Forum hosted by the Blockchain World Forum Committee in Tokyo, Japan. He spoke about the value investment of blockchain and the core values of Elastos.[/size]
What is this thing that builds our dreams, yet slips away from us?

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#16
It looks convincing!
Cardano is the most promising 3 gen. crypto right now.


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#17
Yes... it does!
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#18
Take some time to read this:

https://elanews.net/2018/04/08/a-beginne...o-elastos/
What is this thing that builds our dreams, yet slips away from us?

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#19
Also see this
Elastos Blockchain Merged Mining
Elastos’ main public blockchain is merged mined with bitcoin, which enables pre-existing bitcoin miners to update their clients to simultaneously mine Elastos without expending excess energy. The merged mining is currently open only to the BTC.com mining pool.
What is this thing that builds our dreams, yet slips away from us?

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#20
(2018-11-07, 01:09 AM)Hugues Wrote: Also see this
Elastos Blockchain Merged Mining
Elastos’ main public blockchain is merged mined with bitcoin, which enables pre-existing bitcoin miners to update their clients to simultaneously mine Elastos without expending excess energy. The merged mining is currently open only to the BTC.com mining pool.

Okay okay...I have to give you the project is more promising than I thought. The project is huge and "unrealistic" but it seems they are able to deal with all the issues.
Cardano is the most promising 3 gen. crypto right now.


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