Elastos Crypto-Smart Web Powered Blockchain-NEO

Posted: January 13, 2018 by Tyler Swope

Elastos Crypto Smart Web Powered Blockchain-NEO

Elastos NEO

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What Is Elastos Crypto

Elastos goal is to create an Internet that allows users to access articles, movies and games directly, without going through a media player or another platform intermediary. Elastos Crypto will use blockchain technology to issue IDs for digital content, making it possible to know who owns which digital assets. On the Elastos Internet, filmmakers will know how many times their movies were viewed. The combination of Elastos and blockchain technology lays the foundation for a trustworthy and secure Internet of Wealth.

Elastos Structure

Elastos Runtime runs on a customer’s OS device with no constraints of cost, power, or performance . Elastos DApp can be developed using traditional programming models and programming languages, and even existing software can be ported directly. The environment in which the program runs on not only has a scripting language, but also the ultimate environment must support the operation of CPU instructions.

With the mutual isolation between sandbox and OS native environment, the digital content can be ensure will not leak. Then through the P2P network which have link to blockchain services, making the user’s license is still valid on the OS,and to protect digital content continuely .All of this will run on the decentralized Smart-Web project — the Elastos operating system. In the meantime, ELA, which will be issued as tokens, will run decentralizely in the same way as bitcoin.

The ELA will be the only passport in this decentralized operating environment, enabling a closed-loop ecosystem. Changing digital into wealth of which you can accumulate and you can trade. Digital assets can be like played media, or can be self-playing games . Just like functional Phone are phones used for SMS and calling, smartphones are the ones that run Apps on. The traditional Internet is the Internet for information sharing. The Internet in the future is the Internet for DApp sharing, that is, the Smart-Web.

Why Elastos?

With an accumulation of more than 10 years,elastos operating system will be easy to achieve deep integration of the bottom operating system and the bottom Internet integration, and then to solve the problem of mutual trust through blockchain. Elastos Crypto also positions blockchain technology as multiple decentralized anchors such as the TrustZone (for ID authentication) and its auxiliary sidechains (ID chains, digital asset chains, etc.) (0 dimension) like smartphone.

It also uses the side-chain shards of Elastos Crypto,and after ID authentication it will not affect each other between different side chains ,will not affect the operation of the main chain,forming a plurality of decentralized trusted computing links on the Internet (1D),based on which the SmartWeb Internet OS platform are expanded (2D) .On the SmartWeb OS platform, the Elastos Runtime (C ++ VM) Virtual Machine Sandbox is running on, which is the third dimension (3-D); decentralized application (DApp) in the fourth dimension of time,dynamically runs in the fully enclosed native code (C ++ VM) virtual machine sandbox(4D) .Elastos Crypto really reach the goal of “online does not compute, compute does not online” which completely solve the problem of network congestion.

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