Crypto News

The Inaugural aelf Node Election Crowned With A Grand Success

In the past 2021, we were impressed by many memorable spots, the boiling of meme coins, the emergence of NFT, and the popularization of Metaverse. Behind the flourish of everything, one thing is limited addressed – public blockchains have mostly evolved to their ecological expanding stage. In fact, we’ve seen DOT initiate the parallel auction, SOL’s technical innovation,  LUNA’s independence, and many more. Among the public chain projects, one historically temperate-developing project drew unprecedented attention from the public – aelf.

With the start of its mainnet token swap in September, aelf has upgraded and rebranded to a new version from tech to marketing. Internally, as the completion of the Trail of Bits audit, aelf mainnet has upgraded to its v1.1.1 equipped with the more decentralized and more secured blockchain mechanism. Externally, the team has launched re-designed its website, collaborated with exchanges for many marketing campaigns, holding the Top of OASIS hackathon, and moany. And most significantly, aelf has completed its first stage node election with 17 reputable nodes invited to its mainnet. The elected nodes have subsequently started to contribute to aelf ecology with their own network.

The node election was initiated on November 18th, 2021, and concluded on time, with a long-running duration of xxx. The 17 qualified nodes include the world’s leading trading platforms represented by HuobiPool, OKEx Pool; as well as industrial-leading digital asset management and investment company in the blockchain/crypto field- FBG; the user communities consisted of blockchain enthusiasts and experienced developers-CoinHuntingCommunity, aelfie, ChainExplorers; quality GameFI team-marbleGameFI; and Defi team-CoinMultiDex; also the dedicated Web3 companies – bountyblok, Web3_LLP, RockX; and 5 aelf Genesis nodes on aelf mainnet installed since the launch of aelf mainnet on December 2020. These trusted nodes have acquired fat knowledge of the blockchain industry and are contributing to the visibility of aelf. To sum up, these expert nodes with their extensive knowledge reservation of blockchain industry will bring aelf more possibilities and benefits in prospect.

aelf emphasizes the great opportunity to work with dedicated nodes and benefit from the professional and dedicated support, the worthy nodes enable aelf to further reliably secure the network. On one hand, this node election is a showcase of capable blockchain pioneers. On the other hand, aelf embraces the powerful node partners with generous rewards. Once elected, production nodes on aelf mainnet could receive the income with the APY at more than 95.6%. The elected node producers store a copy of blockchain and are responsible for keeping the system secure. The prosperous future of aelf is provable from all the perspectives and criteria.

Currently, the underlying framework is mature now for more quality projects and nodes. aelf is also expecting the involvement and engagement of more aelf users. In the end, another exciting news, the aelf’s inaugural Top of OASIS hackathon is officially opened, the ample prizes are in the pool await for you, The submission of the hackathon is due on Feb. 9th, 2022. aelf is looking forward to seeing your project in the final review. BPs will join as judges. Later this year, they will also function as the decision-makers in the aelf sidechain auctions and many more.

aelf is the most advanced and secure blockchain cloud infrastructure with segregate, unlimitedly scalable cloud computing networks, leading the decentralized future. aelf has been going strong since being introduced into the crypto world in the second half of 2017.

 

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