Elastos SmartWeb
with Bitcoin at the heart
The SmartWeb: A history in the making
Key milestones
1987 – Rong Chen worked with fellow students in the National Center for Supercomputing Applications (NCSA) to create software fetching data from Cray Supercomputers and rendering them on workstations, which eventually led to the creation of the world’s first web browser, called Mosaic.
1990s – Rong worked at Microsoft Research
2000 – Rong began his journey to develop his own dream OS, Elastos, an operating system for the internet itself.
2017 – Elastos conceived the transformative idea of “turning data into code,” envisioning a secure, decentralized internet where URLs deliver executable code within a sandboxed runtime environment.
2018 – Elastos Main Chain introduced merged mining alongside Bitcoin, creating one of the most secure blockchains in existence.
2019 – The Elastos Smart Contract (ESC) Chain launches as a versatile sidechain compatible with Solidity smart contracts.
2019 – Launched Elastos Hive, a decentralized file storage and distribution system designed to give users control over their data.
2020 – Trinity Tech and Gelaxy teams achieved significant milestones by releasing the Elastos DID 1.0 SDK and W3C-compliant DID Sidechain.
2020 – Elastos Essentials launches, eventually becoming the flagship Super-Wallet application of the Elastos ecosystem.
2021 – Elastos unveiled Hive 2.0 that diverges from the Elastos blockchain, employing traditional servers called “Hive nodes” for data storage and retrieval, offering data transfer flexibility.
2021 – DID 2.0 enhanced the developer and user experience while enabling more intricate business models through user-friendly Customized DID Identifiers, Multi-Party DIDs for complex ownership scenarios, DID transfers for value storage, and independent release of verifiable credentials for privacy.
2023 – Initiated the Active Proxy Service that is central to Carrier’s decentralized system, allowing users to host services at home and share them globally.
2023 – Keystone project, Elacity the world’s first decentralized digital rights management software platform (DRM) opening the limitless possibilities of the Access Economy.
2023 – Keystone project, Elacity, launches Runtime as a lightweight virtual machine, serving as a secure execution environment for Elastos decentralized applications.
2024 – Elastos pivots towards creating ‘Bitcoin Elastos Layer 2‘ (BeL2), a new Bitcoin Layer 2 solution built using SmartWeb technology to significantly enhance Bitcoin’s capabilities.
Key projects/Partnerships
Elastos is a broad, dynamic and visionary project with new features and technologies being developed all the time. Check out our latest news.
Roadmap
Elastos’ pivot towards the development of ‘Bitcoin Elastos Layer2’ (BeL2) has created renewed interest and an array of use cases for immediate implementation.
For a current Bel2 roadmap click here.
The Elastos Foundation
The Elastos Foundation (EF) is a non-profit group, whose board is dedicated to building the foundational infrastructure of the Elastos SmartWeb.
The EF is responsible for broad funding decisions that further benefit the development of Elastos and Bitcoin Elastos Layer 2 (BeL2), and help mediate interactions between decentralized and independent development teams that comprise the genesis of the SmartWeb.
