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aelf (ELF) Price Today, Live Chart & History

2299aelf
ELF
Buy aelf
Sell aelf
$ 0.226482
0.00000268 BTC
Marketcap
$ 167,501,627
Volume (24h)
$ 4,853,179
Circulating Supply
739,579,618 ELF
Total Supply
∞

 

aelf (ELF) Price Chart

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aelf (ELF) Price History

Delve into the aelf (ELF) price history to understand its long-term value trends.

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Historical Price for aelf
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aelf (ELF) to USD Converter

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What is aelf?

Before I go any further, let me give a brief introduction to the aelf project. aelf, for all intents and purposes, is creating a new blockchain which will resolve 3 main blockchain problems which has been restricting this technology from being adopted in more mainstream uses. These problems are limited performance, lack of resource segregation, and a properly working governance model. By resolving these issues, aelf will be bringing blockchain technology into business scenarios with full force.

In response to this, they have created a blockchain which can be integrated to side chain specific business scenarios. The aelf blockchain and sidechains will possess the following qualities:

- High efficiency and scalability to handle transactions/applications at a commercial scale

- High flexibility to customize Smart Contracts to meet the needs of different industries

- High adaptability to new technology in the future

- High compatibility to allow communication across public and private Chains and existing Blockchains

aelf was originally launched as Grid, however due to confusion with a similar project called Grid+, it was rebranded as aelf late November 2017. Another confusion which was cleared up early in aelf’s life was the complete separation from the Polkadot project.

While aelf offers many opportunities for investment and transactions, there are many other cryptocurrencies available that could align more closely with your specific needs. Whether you’re looking to diversify your portfolio or just getting started, we encourage you to check out our guide on the best crypto to buy now.

Additionally, to enhance your cryptocurrency management experience, consider reading our guides on the best crypto wallet and the best crypto app.

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