What is ELF Coin Called in Chinese (What is ELF Coin Project)
What is ELF Coin Called in Chinese According to official sources, the developmen
What is ELF Coin Called in Chinese According to official sources, the development of the EOS public chain by the project party is currently underway.
According to DappReview data, since June 1, 2019, EOS, which has accumulated a total trading volume of over $2 billion, has been listed on 7 DEXs and 5 DeFi platforms. Among them, MakerDAO bought over 30,000 EOS at a price of $200 million, accounting for about 20% of the total circulation; EOS.TOP has a trading volume of over $2 million, ranking first, followed closely by exchanges such as Binance and HuobiGlobal, namely Huobi Pro, OKEx, Gate, Kucoin, and Gate.io.
What is ELF Coin Project
What is ELF Coin Project? What are its specific issuance mechanism and distribution rules? According to official sources, Elf (ElftCoin) is a digital currency system driven by blockchain technology. The platform is built on the PoW+PoS consensus algorithm. The transaction fees generated by marking and storing existing cryptographic assets in a distributed database are rewarded to participants who engage in staking. It is currently listed on multiple trading platforms, including Huobi Exchange.
It is reported that ELF is a new cryptocurrency system based on Pow+POC, aimed at addressing issues such as data security, data availability, and network congestion that exist in current centralized systems. It also supports the use of various token payments and provides incentives to protect user rights, allowing people to enjoy a more fair and just environment while reducing risks.
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