Elastos (ELA) is huge in the blockchain space, especially in terms of Ambition. This also makes Elastos harder to understand than the average project - because it's not average. In this video we take a deep dive into the technology behind Elastos and why its necessary to run dapps in Virtual machines rather than just one single world computer. We also talk about Elastos merge mining with Bitcoin and how that secures the network and about the Elastos carrier that communicates between the virtual machines
1:34 Introduction to Elastos
2:27 Comparing Elastos to Ethereum
3:19 Elastos vs Siri
6:40 Elastos as a network operating project
8:08 Consensus mechanism for Elastos
10:51 Main chain and sidechain
12:35 Elastos merged mining with Bitcoin
14:46 How merged mining affects Elastos sidechains
16:28 How does the Elastos Carrier work
18:53 Mining nodes and Carrier nodes
22:10 Elastos Alpha release and details
27:19 Transfer of value of assets
website: https://www.elastos.org/en/
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I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.
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