Elastos Guide

The following guide includes a simple step-by-step guide for successful initial engagement with CreDA dApp on Elastos Smart Chain.

You will be able to link your wallet address, generate a credit score, mint a credit non-fungible token (cNFT), and start mining activities for CREDA tokens on Elastos Smart Chain (ESC).

Please take your time and read this short introduction with a step-by-step guide for successful engagement.

About Elastos

Founded in 2017, Elastos is a decentralized community building the blockchain industry’s most comprehensive and interoperable open source Web3 platform.

Using a hybrid consensus that combines the secure hash power of Bitcoin and the democratic ideals of Delegated-Proof-of-Stake, the SmartWeb ecosystem of Elastos comprises a suite of software for an entirely decentralized internet. Elastos employs not only blockchain technology, but a peer-to-peer network for communication, decentralized data storage services, a decentralized ID (DID) system for all digital assets, the Elastos Smart Chain (ESC) - an EVM-compatible layer 2 chain, and the ability to create smart contracts and unlimited additional sidechains.

Elastos is not only the foundation for securing truly decentralized applications that can scale; it is the foundation for true data ownership.

Elastos Essentials, the flagship product of the Elastos SmartWeb, brings the entire decentralized ecosystem into a single App, currently available for Android and iOS.

Elastos: Key Features

• Tech Focus 3+ Years into Core Tech Development.

• Visionary Founder Founded by OS Veteran and early Microsoft employee Rong Chen.

• Hybrid Consensus Ultra-robust, AuxPow+DPoS block validation mechanism.

• Disinflationary Tokenomics Maximum of 28,220,000 ELA to be minted by 2105.

• Industry-leading Hashpower (70 EH/s) Leveraged from merge-mining Bitcoin.

• Smart Contracts Solidity Smart Contracts and 500 to 1,500 TPS.

• Elastos Carrier Fully decentralized Carrier network based on Tox Protocol.

• DID Solution DIF- and W3C-compliant Decentralized Identifiers (DIDs).

• Elastos Hive Layer 2 decentralized storage services.

• Global Innovators Community Member selected by World Economic Forum (WEF).

• Cyber Republic Fully autonomous community DAO driving ecosystem development.

• The native coin of Elastos Mainchain = ELA

Elastos block explorer Main Chain: https://blockchain.elastos.org/ Smart Chain: https://esc.elastos.io/ Identity Chain: https://idchain.elastos.org/

Welcome to explore further Elastos on the following links:

AboutElastos

https://elastos.info