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Author Topic: [ANN] | Introducing ELASTOS | Future of Decentralized Internet  (Read 8409 times)
elastos (OP)
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December 27, 2017, 04:56:03 PM
Last edit: June 06, 2018, 02:50:37 AM by elastos
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Introducing ELASTOS | Future of Decentralized Internet







Elastos is the world's first Internet operating system focusing on decentralizing Internet using blockchain. elastos uses the Internet as the base-layer infrastructure rather than as an application, and emphasizes that network communications should be separated from application computing. It also prohibits apps from directly accessing the network so as to prevent malicious attacks.

Elastos focuses on a new internet that is secure, credible, and smart. It aims to create a blockchain-powered decentralized internet enabling data rights and secured transactions using ELA token and Bitcoin merge mining.

Elastos has been supported by Foxconn, Chinese Central Government and Tsinghua University in China.

“elastos is one of the most imaginative Blockchain platform projects, which may bring about profound reform to future Blockchain application development.” — Li Lin, Founder & CEO of huobi.com

“elastos' VM has made cheap copies and piracy obsolete.” — Xue Guoming, President of Global Blockchain Research Institute






About the Team


Chen Rong, Founder and Board Member of elastos:

Rong is a professor for postgraduate modules in Cyber Intelligent Economy and Blockchain at Tsinghua University. He is also one of the most respected Tsinghua alumni. Rong worked at Microsoft from 1992 to 2000. During his time there, he led the teams of Microsoft Research OS, IE3 ActiveX, Ole Automation, .COM, and .NET. He proposed various new ideas on the technology of Operating Systems 30 years ago, but failed to see progress until the launch of Windows 10 and the development of blockchain.

It is now possible to make an OS environment safer and more efficient. When he left Microsoft, Rong started working on the Elastos OS. He founded Kortide in 2000 to build elastos OS from scratch. Elastos has been supported by Foxconn, the Chinese Central Government, Tsinghua University, and most recently, a pre-ICO. Rong had been invited by the former Premiere of China to speak at the Great Hall of the People about his work on Operating Systems.

Han Feng, Board Member of elastos:

Feng is one of the most reputable blockchain thinkers in China, respected and recognized by tens of thousands of blockchain and cryptocurrency enthusiasts. At Tsinghua University, he initiated the postgraduate modules on Cyber Intelligent Economy and Blockchain.

Feng’s book "Blockchain: On Quantum Wealth" was a 2017 best-seller on Amazon China. He also led the translation and editing of Blockchain, Blue Print of a New Economy in 2014, which was the first book about blockchain in China. Feng is an advisor to the Huawei Research Institute, blockchain development at Alibaba, and is also a member of the Tencent Talent Pool.


Angel Investors

Da Hongfei, NEO Founder
Tony Tao, NEO Co-founder
Jihan Wu, Bitmain Co-founder


Advisors

Xueyong Gu
Professor at Tsing Hua University
Dean of iCenter International Exchange

Jihan Wu
Bitmain Co-founder

Da Hongfei
NEO Founder

Ziheng Zhou
Adviser and member of the Academic Committee for Alibaba Research Institute



Our Goal

"Creating a safe and decentralized internet ecosystem that enables a foundation of a digital economy."

Introduction

Elastos is the Internet operating system that uses Internet as the base-layer infrastructure rather than an application. It emphasizes that network communications should be separated from application computing, and prohibits applications from direct network access.

Is short, elastos is building the foundation of a decentralized internet.
Why Elastos?

Following are the key factors that led to the vision of building the foundation of a decentralized internet:
  • Credit system: the vision is to build an automated economy built on top of a global credit system. Individuals or IoT enabled ecosystem should be able to transact without intermediaries & externally susceptible systems.
  • Security: one of the limitations of applications developed on a traditional operating system is that they are prone to privacy leaks and network attacks. elastos believes that apps shouldn’t interact directly with the network, but rather in a controlled fashion.
  • Digital rights: digital assets and information should be easily convertible into money, enabled by digital economy. That adds the need of digital rights information, identity and mapping transactions.

Elastos’ philosophy can be traced 17.5 years back when the team started working on it, however, now it is focused on building a technical infrastructure of a smart economy.  The overall architecture includes a public Blockchain, a decentralized Internet infrastructure, and a runtime environment for conventional apps, mobile apps and DApps.

Excitingly, elastos employs merged mining and Bitcoin as a parent Blockchain enabling more rewards for miners mining both BTC and ELA at the same time. Consequently, elastos will have a significant computing capabilities from the get go.

The foundation is supported by elastos carrier that provides decentralized computational power, storage and effectively a decentralized internet for OS and DApps.

The OS is specifically built to respect security by not allowing direct TCP/IP interaction and direct process creation. It will generate remote invocations and provide event based responses, thus restricting any possibility of malicious attack as part of the application layer.

Elastos also offers a runtime environment to enable running of existing OS such as Android, iOS, thereby enabling the decentralized internet infrastructure of existing applications.

For individual users, elastos tokens can be used to register an ID and use that to purchase DApps, cloud storage, digital assets and products. All transactions can happen in a trustless manner, over the Blockchain, without sharing private information or any fear of being attacked maliciously.  

To keep it simple, elastos is decentralized across the Internet, and utilizes Blockchain to authenticate user IDs, application IDs, as well as machine IDs. To build a flourishing ecosystem, anybody may freely implement their own markets, social apps, search engines, location-based services, advertisement agents, and so on, while being rewarded with elastos coins.





Elastos and Other Existing Systems

Elastos and Windows OS

Elastos shares the same technology source with Microsoft COM and has certain similarity to it. Microsoft .NET has been revised to chose the technology direction for elastos.

The biggest difference between elastos and Windows is that elastos chose the operation way of open-source community. The blockchain-constructed foundation makes elastos a credible and decentralized network operating system, while Windows, representative of a traditional operating system, is closed, centralized and emphasizes on Microsoft’s authority and applications.

Elastos and Android

For meeting the App developers and users usage habits, elastos adopted an Android like framework for application development. Meanwhile, as elastos can compile Android APKs (5.0 or higher), which makes elastos application ecology richer and fuller, yet compatible.

Technically, what Android VM runs is not the original code. However, some application scenarios need to use original code base for which Android system must open a direct channel to underlying system (JNI). It is equivalent to opening a hole at the sandbox bottom, and that includes significant safety risks.

Elastos and Ethereum

Ethereum realizes credible computations for blockchain through smart contract and makes contract be executed without human intervention. It turns the blockchain data into ‘execution power.’ But Ethereum adopts the single mainchain structure. While there is no doubt that smart contract increases the mainchain burden, no matter how the optimization runs, there is always a bottleneck of computing power and throughput upper limit.

elastos combines the mainstream computation mentality to develop ‘the blockchain elastic computation.’ On the blockchain layer, elastos adopts the complex structure of mainchain + sidechain, realizes the load balancing of multiple chains and technical characteristics of flexible extensions.

It makes elastos unlimited by the single mainchain power of the blockchain, and also be able to extend the blockchain service capability infinitely. Besides, through elastos Runtime, blockchain credibility can be transferred to the traditional usage scenarios such as cellphone and PC. The smart contract ensures that digital assets are distributed strictly according to the contract content.

Elastos and Blockstack

Based on distributed storage, Blockstack saves the encrypted file data in the cloud, while Hash stamps were put on the blockchain as the storage proof. It is a trade-off between high credibility, low efficiency of blockchain and low credibility, high efficiency of traditional storage.
elastos has its P2P network layer, which is called elastos Carrier. elastos Carrier focuses on making the elastos blockchain cluster chain service integrated into the same P2P network and provides the upper elastos Runtime and DApps with unified addressing service based on ID nodes.

In digital content storage, elastos adopts the mindset similar to Blockstack. Furthermore, it combines the authentication characteristics of the blockchain digital assets and the DRM technology on the operating system layer, making the digital content, including sound, video, electronic books, and applications, be able to be authenticated and quantified as digital currency. The digital assets become tradable, consumable and investable.

Elastos and EOS

EOS, through the adoption of the DPOS consensus mechanism, can realize high throughput rate.

elastos computation bandwidth is distributed according to the number of tokens held. It refers to the design philology of time sliced distribution in the traditional multi-task operating system and encourages the community to hold tokens. It can be called a creativity on algorithm layer, and an improved version of Ethereum.

elastos adopts the elastic computation mindset of chain cluster service on blockchain layer. The mainchain design focuses on improving extensibility for smooth access to sidechain. The consensus mechanism on the sidechain can be DPOS, DBFT or others.

Moreover, services on the elastos blockchain layer can be shared by multiple side chains. It greatly lowers the mainchain pressure. When necessary, the sidechain can be duplicated to extend sidechain-level service capability through bifurcation mechanism, while the extension of this computing power can be infinite.



For Developers

Beyond Ethereum - The Future Evolution of Blockchain

An Exclusive Interview with Chen Rong of Elastos

An Introduction to Elastos

Documentation




FAQs

Please check the following linked document for a detailed list of FAQs:

Detailed FAQ


Exchanges where ELA can be purchased

Huobi.pro
bcex.ca




Elastos Community News/Announcements/Updates


Collaborative Partnerships

ioeX
Elastos Partners with ioeX

HashWorld
Elastos Partners with HashWorld

BIT.GAME and META Union Alliance
Elastos Partners with BIT.GAME and Joins META Union Alliance

Weatherblock
Elastos Partners with Weatherblock

Urban Catalyst & UK China Catalyst
Elastos Announces Cooperation with Two British Firms at U.K. Meetups

ZAPYA
Elastos and ZAPYA Form Strategic Collaboration in the Blockchain and AI Space

Panda Green Energy
Panda Green Energy Enters Blockchain Partnership with Elastos to Fuel Smart, Clean Energy Solutions

Reactor Independent Game Guild (RIGG)
Reactor Independent Game Guild (RIGG) Joins Forces with Elastos to Fight Piracy and More in the New Era of Online Gaming

Trust Credit Power
Trust Credit Power and Elastos Announce Strategic Alliance to Integrate Booming House Renting Market with Blockchain Technology

Origin Agritech Ltd
Elastos Strikes a New Partnership with Origin to Establish Agribusiness Related Platforms Based on Elastos’ Smart Web technology

Huafu Enterprise Holdings Limited and Far Eastern Air Transport (FAT)
ELA Accepted As a Payment Method in Commercial Airline Industry

Shanghai Automobile Group
Auto Giants’ New “Blockchain” Game


Ongoing: Video Contest (Earn Up To 400 ELA)
Our video contest is still ongoing and you can win up to 400ELA once selected. Check details here.


Weekly Updates
06 April 2018
13 April 2018
20 April 2018
27 April 2018
04 May 2018
11 May 2018
18 May 2018
25 May 2018
01 June 2018



Community News

Elastos SPV and Technical Integration Update
Logo Contest and Re-Brand Update
Elastos SPV and Technical Integration Update
ELA NEWS Exclusive Q&A with Kevin Zhang, New Head of the Developers Community
AMA With Elastos CMO — Fay Li
We Want You! Elastos Community Recruitment
Elastos Communication Plan by SF Team (April — June, 2018)
Looking for Elastos Community Writers
CMC Circulating Updated -  ELA Metrics: How is the Circulating Supply Calculated?


Meetings/Meetups/Seminars/Talks
Discussion between Feng Han and Jim Glassman of JPMorgan Chase

Rong Chen Lecture: The History of the Internet (From Birth to Blockchain and Beyond)

Huobi News: in Conversation with Su Yipeng, the Chief Architect of Elastos

Bit University Q&A with Rong Chen — “The operating system is like a country.”
- Comparing Elastos with Ethereum and EOS


Meetup with Feng Han at (CKGSB) Cheung Kong Graduate School of Business

Blockchain DApp On The Go

Elastos Deep-Dive — By Huobi News Special Journalist

Rong Chen Answers Feng Wang’s Ten Questions — Why Do I Stick with Building a Blockchain Operating System?

Elastos Carrier Explanation & Development Status

Exclusive Interview With Rong Chen of Elastos


Community Writers

Installing and running of Elastos Node.js demo app

Elastos Runtime: A window into a new world of DApps

The Ambition of Elastos

Elastos, Bit.Game and the multi-billion dollar opportunity

Elastos Carrier: The Great Spam Filter



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Children of Gaia
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December 27, 2017, 05:02:06 PM
Last edit: December 27, 2017, 05:14:05 PM by Children of Gaia
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Why newbie account for such kind of project and team behind it?
But I'll follow for sure if it's all for real.  Smiley
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December 27, 2017, 05:10:10 PM
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Exciting stuff! The Future is NOW  Wink
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December 27, 2017, 05:14:49 PM
 #4

Hi, This is very interesting.. I have a question: are you going to build this project on top of Ethereum blockchain?

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December 27, 2017, 05:16:56 PM
 #5

Very interesting project.
Checking into WP.

Of the top of the list I find it ironic that Jihan can't run his company properly but has time to advise others.

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December 27, 2017, 05:18:30 PM
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Got a good team so far, lets see how active they work

Great Project
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December 27, 2017, 05:19:13 PM
 #7

JIHAN WU already fucked us 10 times over with the bitcoin cash and bitmain shenanigans
and now hes gonna fuck us over with a ICO
this guy is too greedy


AQ16LcTPQcYXH9BhQTQfVDe7JtYNwdDaXj
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December 27, 2017, 05:19:57 PM
 #8

Why newbie account for such kind of project and team behind it?
But I'll follow for sure if it's all for real.  Smiley

I agree, i've read the WP pretty fast and seems very good, but the layout and the way its announced is a bit amateur for such high profiles people.  Such a project should have a very high profile launch.

But other than that, ill read the WP a couple of time and will make up my mind.  Thanks for sharing!


Can i ask a what is blockstack on your github?  the old project name?
elastos (OP)
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December 27, 2017, 05:48:38 PM
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We are just getting started with public announcements. Hoping to build a great community here!

Our team is super excited to be part and answer any questions that you may have.

Why newbie account for such kind of project and team behind it?
But I'll follow for sure if it's all for real.  Smiley
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December 27, 2017, 05:54:47 PM
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Why newbie account for such kind of project and team behind it?
But I'll follow for sure if it's all for real.  Smiley

I agree, i've read the WP pretty fast and seems very good, but the layout and the way its announced is a bit amateur for such high profiles people.  Such a project should have a very high profile launch.

But other than that, ill read the WP a couple of time and will make up my mind.  Thanks for sharing!


Can i ask a what is blockstack on your github?  the old project name?

Hi thanks for your question about the profile and launch.
Basically, we just started the overseas market not even 1 month ago (by launching an elastos & NEO & stellar joint meetup in San Francisco), we are trying our best and are definitely fully engaged. Our original plan was to go on Huobi on Feb 1, 2018 without having a community outside of China, but we believe it's very important to build up international communities and to have people believe in our technologies outside of China as well, that's why we are here and would love to see your support.

Fay Li
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December 27, 2017, 06:02:56 PM
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We are just getting started with public announcements. Hoping to build a great community here!

Our team is super excited to be part and answer any questions that you may have.

Is there any list of exchanges, where we will be able to buy ELA in February?
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December 27, 2017, 06:07:23 PM
 #12

Including Da Hongfei, Founder, NEO automatically puts the project into a scam of fraud. This guy is a thief, He stopped using his main profile because he dragged me with 4 BTC.
Proof: https://bitcointalk.org/index.php?action=trust;u=145226

[Edit] I have taken action against him. Anyone connected with him will suffer, stay away!
[Edit2] Big mistake you did not make the forum self moderated.  Grin
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December 27, 2017, 06:16:47 PM
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Including Da Hongfei, Founder, NEO automatically puts the project into a scam of fraud. This guy is a thief, He stopped using his main profile because he dragged me with 4 BTC.
Proof: https://bitcointalk.org/index.php?action=trust;u=145226

[Edit] I have taken action against him. Anyone connected with him will suffer, stay away!
[Edit2] Big mistake you did not make the forum self moderated.  Grin

I don't see any reasonable information in your proof. Just common profile with one sent feedback.
I guess, that your feedback with information is untrusted and I can't see it.
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December 27, 2017, 06:18:05 PM
 #14

Why newbie account for such kind of project and team behind it?
But I'll follow for sure if it's all for real.  Smiley

Better newbie than proved scammer, don't you think? Wink
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December 27, 2017, 06:22:22 PM
 #15

Including Da Hongfei, Founder, NEO automatically puts the project into a scam of fraud. This guy is a thief, He stopped using his main profile because he dragged me with 4 BTC.
Proof: https://bitcointalk.org/index.php?action=trust;u=145226

[Edit] I have taken action against him. Anyone connected with him will suffer, stay away!
[Edit2] Big mistake you did not make the forum self moderated.  Grin

I don't see any reasonable information in your proof. Just common profile with one sent feedback.

This information is from several users. Just compare the reputations of the both of us and you will find where the truth is.
Every wrongfully accused person defends himself, this lizard escapes.
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December 27, 2017, 06:23:49 PM
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the project looks cool. but....

Jihan Wu.... hahaha !

This guy controlled the bitcoin cash and most of the medias related with cryptocurrency in China... to post the news of bitcoin cash for him every day~~~

and Hongfei Da

we even don't know how many ICO projects he joined, always as a team member, or as adviser....

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December 27, 2017, 06:37:02 PM
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As stated earlier, elastos has only recently started reaching out to communities outside China. You can check our git to get more idea about the work that has gone in. 

Also, NEO is one for the strategic partners: https://www.reddit.com/r/NEO/comments/6r1a6f/neo_and_elastos_reaching_strategic_collaboration/

Why newbie account for such kind of project and team behind it?
But I'll follow for sure if it's all for real.  Smiley

Better newbie than proved scammer, don't you think? Wink
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December 27, 2017, 06:44:59 PM
 #18

Why newbie account for such kind of project and team behind it?
But I'll follow for sure if it's all for real.  Smiley

Novice is honest. The accounts on this forum are the goods. The project is very exciting and interesting, has a huge experience
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December 27, 2017, 06:45:30 PM
 #19

Why newbie account for such kind of project and team behind it?
But I'll follow for sure if it's all for real.  Smiley

Both you and @elastos are newbies.  Grin

Name:   Children of Gaia
Date Registered:   August 31, 2017, 08:43:17 PM
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December 27, 2017, 06:48:12 PM
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Chinesse project , that was great,maybe this project will become a new concept of asian decentralized Internet project, I hope it will be great in the future, and the price will foes to mars soon after touch the exchange
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