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5 Year Anniversary Timeline: Main Chain-Sidechain
Elastos’ Main Chain-Sidechain Architecture supports a robust, three-tier consensus mechanism, including merge-mining (AuxPoW), Delegated-Proof-of-Stake (DPoS), and Cyber Republic Consensus (CRC). Elastos’ sidechains also enable the development and integration of critical platform services and tools for Web3, including a Decentralized Identity solution (Elastos DID) and a environment for decentralized DeFi and NFT applications via the Elastos Smart Chain (ESC).
Development Team: Gelaxy
Team Lead: Shunan
DPoS 2.0 Goes Live
Elastos' DPoS consensus will be fully upgraded to DPoS 2.0, featuring random Candidate Node selection.
Elink Goes Live
Elink is an oracle that provides a decentralized service on the ESC for obtaining ID information on the EID chain.
Support for fast, low-value cross-chain transactions.
Elastos ID Sidechain Goes Live
Support Enabled for Fallback to PoW
DPoS consensus will be restorable efficiently and securely.
Refactoring of ELA Tokenomics
Full CRC Supernode Autonomy.
First CR Council Member Selected
Community autonomy begins.
CR proposals support
Ethereum Sidechain Launch
AuxPOW+DPOS Consensus goes live.
ELA light node support.
ELA merge-mining with BTC eclipses 50% of total BTC hashpower.
Elastos Mainchain Sidechain support.