Elastos Introduces BeL2: Unlocking the True Power of Bitcoin
Secure, Decentralized, Owned by You.
Bitcoin, secured by Proof-of-Work and decentralized miners, is the gold standard for blockchain security. Since 2018, Elastos has been merge-mined with Bitcoin, allowing us to redefine the internet experience, offering a decentralized SmartWeb platform for users to safely explore, connect, and create a world where your digital space is truly yours.
Supporting the ecosystem from Digital Identity to Digital Rights Management (DRM) and BTC Layer 2 integration, Elastic Consensus combines the strength of BTC’s security with the power and flexibility of cryptographic and computational blockchain technologies.
Elastic Consensus
Auxiliary Proof of Work (AuxPoW)
Elastos has been merge-mined with Bitcoin since 2018, receiving its hash rate in exchange for ELA. Bitcoin miners generate blocks for the Elastos Mainchain at no extra cost, providing approximately 50% of its security and offering decentralization, safety, and security benefits for Elastos.
Bonded Proof of Stake (BPoS)
Become a BPoS Validator, earn up to 22% APY and collaborate with Bitcoin miners to package blocks on Elastos. The Elastos BPoS consensus mechanism additionally provides stakers with a return of 2-3% APY on ELA investment, featuring flexible bonding periods, an improved profit-sharing model, and ensured block finality.
Proof of Integrity
(POI)
Once per year, 12 Council node seats on the Cyber Republic (CR) are elected by ELA community token holders. Council members operate their own validators, earn up to 35% from their 5000 ELA collateral, powering sidechains and guiding Elastos development through proposal voting on behalf of the community.
ELA
Merged-mined with Bitcoin since 2018, with a 28,220,000 supply by 2108, ELA serves as a reserve asset, governance token, transaction utility, and mining reward for Elastos. Elastos’ first block was mined by BTC.com
ELA, secured by Bitcoin
Available on leading exchanges, ELA realizes Satoshi’s 2010 vision for merge-mined coins by leveraging Bitcoin’s security and introducing new utilities for payment, governance, gas fees, and staking. With roughly 280.51 EH/s (50%) security from Bitcoin miners, ELA is one of the most secure digital assets in the world today.
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Elastos is unique in Web3
After over five years of development, Elastos has shown resilience and determination to bring a complete ecosystem solution to Web3. Welcome to the SmartWeb, everyone is invited.
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Elacity
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CreDA
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