• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

A Metaverse Network Built on aelf Blockchain

January 4, 2022
in Bitcoin
Reading Time: 2min read
0 0
A A
0
A Metaverse Network Built on aelf Blockchain
0
SHARES
13
VIEWS
ShareShareShareShareShare

As Facebook changed its name to META, the world has seen a spiked interest in metaverse-concept GameFi projects, such as Decentraland, Sandbox, Axie Infinity, Illuvium, and many more. The land of the concept has brought an infinitely broad market to the construction of blockchain infrastructure. At the same time, the public chain is bound to usher in huge changes in the dimensions of performance, security, privacy, and ease of use.

For a long time, aelf is the best-performed and secured blockchain cloud infrastructure. In the following three aspects, aelf is likely to stand out in the public chain track.

Performance of aelf mainnet

aelf has developed an open-source blockchain network powered by the cloud and designed as a multi-level sidechain structure, enabling unlimited scalability on the road to a decentralized future. With this platform, users can gain access to a single solution to breaking industrial bottlenecks, including performance and cross-chain functionality. When considering performance, the platform has set up each node in the network as its own cloud computing center. Combined with a multi-level sidechain structure, each node then gains unlimited scalability. Currently, aelf Enterprise has approached 35k TPS, per sidechain.

With the continuous development of Metaverse, future users and transactions on the chain will surpass hundreds or thousands of times the level of today. This requires a strong public chain performance, and aelf meets these requirements.

Interoperationality on sidechains

The future of Metaverse must be an integrated universe, where the public chains need to connect to each other. Since the innovation of blockchain technology, exclusive public chains have been launched, with communication channels obstructed. In other words, current projects are mostly isolated islands.

aelf has invited its own oracle to solve this problem. aelf versatile oracle helps connect off-chain and on-chain, mesh network structure creates communication between public chains two-way communication between public chains. The combinational solution aims to break the technical barriers and to solve industry pain points. We are trying to provide our global users with a well-performed and easy-to-use blockchain system.

A user-friendly developing framework – aelf Enterprise

aelf focuses on improving the user experience on the developing framework- aelf Enterprise. The framework includes consensus mechanisms, communication protocols, smart contracts, and other modules. With aelf Enterprise, developers can quickly build a complete blockchain and easily access the aelf ecology, with low learning costs and time costs. In this way, developers will be granted a larger space for technology display, and they will be able to obtain ecological assistance from other projects in the aelf ecology, such as AMM, Lending, NFT, and so on.

Underlining its mission to bring the blockchain space forward, aelf is holding a massive, metaverse-focused hackathon called Top of OASIS. The Top of OASIS Hackathon aims to support early-stage projects and ideas from the open-source developer community while increasing the diversity of aelf developer community that will help projects grow and eventually join the aelf ecosystem.

While the hackathon can be anything NFT, DeFi, DAO, or Web 3.0 focused, aelf is directing its participants to build GameFi and metaverse related projects. The event could be seen here.

 

Credit: Source link

ShareTweetSendPinShare
Previous Post

Solana Repotedly Went Down Again After a DDoS Attack

Next Post

Decentralized Sports Betting Can Be a Lucrative Hobby

Next Post
Decentralized Sports Betting Can Be a Lucrative Hobby

Decentralized Sports Betting Can Be a Lucrative Hobby

You might also like

Charles Hoskinson Says Cardano Needs AI Agents to Run “Midnight City”: Will Roadmap Move ADA’s Price?

Charles Hoskinson Says Cardano Needs AI Agents to Run “Midnight City”: Will Roadmap Move ADA’s Price?

June 22, 2026
Charles Schwab Explores S&P 500 Prediction Markets With Cboe

Charles Schwab And Cboe Plan S&P 500 Yes-Or-No Options As Prediction Markets Go Mainstream

June 22, 2026
On-Chain Data Shows Newly Created Wallet Accumulates More Th

On-Chain Data Shows Newly Created Wallet Accumulates More Th

June 27, 2026
Nvidia Plans to add Innovation in the Metaverse with Software, Marketplace Deals

NVIDIA, AWS Launch AI Infrastructure for Production Scale

June 24, 2026
Solana Wave 4 In Progress: Relief Bounce Or Setup For A Fresh Decline?

Solana SOL Reclaims $72, But Fading On-Chain Metrics Signal

June 27, 2026
Pump.fun GO Bounty Feature Draws Backlash Over Risky Crypto Tasks

Pump.fun GO Bounty Feature Draws Backlash Over Risky Crypto Tasks

June 22, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Binance Pay Now Supports Injective (INJ) for Global Transactions

INJ Price Prediction: Dead Money or Coiled Spring — $4.19 Floor or $5.27 Reclaim in 30 Days

June 29, 2026
Why Is Crypto Up Today? – October 15, 2025

El Salvador Claims It’s Buying Bitcoin Daily, But the IMF Disagrees

June 29, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.