Elastos, established by renowned OS expert Rong Chen, is creating the most comprehensive and interoperable open source platform in the blockchain industry. This unique platform encompasses a hybrid consensus that integrates the secure hash power of Bitcoin and the democratic principles of Delegated-Proof-of-Stake, creating a new era of a completely decentralized internet, the Elastos SmartWeb.
Elastos Technology
Elastos uses a hybrid of sophisticated technologies beyond just blockchain. It incorporates a peer-to-peer network for communication, decentralized data storage services, and a decentralized ID (DID) system for all digital entities. With the support of sidechains like Ethereum, Elastos is not just the bedrock for safeguarding truly decentralized applications that can scale but also the basis for real data ownership.
The Flagship Product: elastOS
Representing the culmination of the Elastos Smartweb, elastOS is an innovative app that brings the entire decentralized ecosystem into a singular application. elastOS is available for Android users and is under development for both iOS and desktop users.
Cyber Republic Initiative
On top of everything, Elastos is actively seeking both new and existing dApp projects via its Cyber Republic initiative. This community-governed initiative features a grant fund designed to assist startups and existing companies in blockchain exploration.
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