Decentralized Cloud Computing Blockchain Platform aelf Shares Updates Regarding MainNet Token Swap

The team at aelf, a decentralized Cloud computing blockchain platform, told CI that their mainnet has proven performance and function. The team will be conducting its mainnet token swap in September 2021.

Additionally, the aelf team shared updates regarding its work with the Chinese government.

In May of this year, the China Electronics Technology Standardization Institute (CESI) provided accreditation to aelf (ELF), which marked the very first time a public or permissionless blockchain received a “dual-certification” from the national government.

In order to ensure the “reliability” and the “validity” of the results as well as the transparency of the decentralized organization, aelf has shared the complete test process on Github.

Earlier this year, aelf had also announced that it successfully passed the Blockchain System Performance Test, an accreditation scheme “run by the CESI, which is a part of the Ministry of Industry and Information Technology (MIIT).”

Notably, aelf became the first public blockchain that has received “official certifications in both function and performance.” The certifications endorse aelf Enterprise’s capacity “in fulfilling a strict criterion relating to its architecture, safety, and performance expectations,” the announcement noted.

The result of 35,000 TPS on aelf Enterprise 1.0.0 was “rigorously concluded from a national-standardized test” and two qualified experts from MIIT “ran the tests on-site.” The testing process has reportedly “followed the authorities-issued norms and guidelines – SQuaRE, covering eight aspects of blockchain system capacities in practice.”

aelf Enterprise has been “proven to be able to enhance the DPoS coordination strategy, deploying the Miner-TxPool transaction waiting mechanism, supporting the cross-chain interoperability, and many more,” the announcement revealed.

Haobo Ma, CEO of aelf, had said that after the successful testing, aelf Enterprise may implement such a system-level solution in a fairly short period of time. As they’re approaching the 100,000-level data throughput capability, aelf would “become the first public blockchain that could execute multi-scenario cross-chain collaborations.” aelf will also be preparing for a “steady push forward the application of large-scale commercial use,” Ma said.

aelf is reportedly the first organization in the blockchain space to embrace transparency on the three components of the Blockchain System Performance Test.

aelf has publicly shared the test environment, the test process, and the test results. To ensure the reliability and validity of the test, aelf had “extended invitations to the public to retest on the performance of aelf Enterprise 1.0.0, which indicates a sheer confidence in their technologies.”

aelf (Tokens: ELF) is a blockchain ecosystem that has “innovated on its multi-sidechain systematic structure as well as its cross-chain collaboration mechanism, enabling the unlimited scalability to solve today’s most pressing issues and to promote the future digital economy.”

Established in 2017, aelf is based in China and offers a user-friendly open resource blockchain infrastructure for users and developers across the globe.

On August 10, 2021, the aelf team shared the latest progress report (as seen below):



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