Today we are learning more about Elastos (ELA) a blockchain based operating system aiming to create a new Internet system and questioning whether this blockchain is currently undervalued.
Elastos is creating a entire smart economy focused on security, digital assets, monetizing computing power, and financially incentive trade of digital assets . Elastos's lowers its main blockchain pressure by its ability to share multiple sidechains. Sidechains can also be duplicated to extend sidechain-level service capability and the extension of this computing power can be (according to their sub reddit) infinite.
What are your thoughts on Elastos (ELA)? Is it undervalued at its current market cap of about 240 million? Will Elastos's technology and upcoming re-brand propel its value into the top 50 on the coin market cap soon? How does Elastos compare to other blockchains like Ethereum, Cardano, NEO, or EOS? Please share your thoughts and opinions in the comments section down below.
Elastos - A Beginner's Guide
Elastos Deep-Dive — By Huobi News Special Journalist
Elastos (ELA) website
Definitely undervalued with much more room to grow. Probably THE most important project in the crypto space. Not a competitor to any blockchain project out there. In fact, all other projects can connect to elastos and benefit from its security features including EOS through its side chain architecture. Watch the space. Great vid by the way.
Keep researching......., this is one the biggest projects in the crypto space at the moment... once all operational aspects of this project becomes mainstream well on the way to the top 10 within a few years. Look at their partnerships in china, U.K., USA, confirmed dapps and their alliances in china crypto space. In addition Rong Chen is ex Microsoft, bitmain and Du Hongfei key investors, will have split consensus options of POS and POW (aligning with bitcoin pow - piggybacks off back of bitcoin block mining) via bitmain links. Huge sleeper that is revolutionary in concept
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