Elastos chain
Overview
Elastos is a blockchain platform designed to build a decentralized internet (Web3). It combines a hybrid consensus mechanism with merged mining from Bitcoin and delegated proof-of-stake (DPoS), and provides a runtime environment for secure decentralized applications.
Within the DeFi Intel graph, Elastos connects to 5 tracked entities, most strongly to USD Coin, Binance USD, Binance Peg BUSD.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 5 of 5 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | USD Coin | 95% |
deployed_on | Binance USD | 95% |
deployed_on | Binance Peg BUSD | 95% |
deployed_on | HUSD | 95% |
deployed_on | Elk | 90% |
Frequently asked questions
What is Elastos?
Elastos is a blockchain platform designed to build a decentralized internet (Web3). It combines a hybrid consensus mechanism with merged mining from Bitcoin and delegated proof-of-stake (DPoS).
What consensus mechanism does Elastos use?
Elastos uses a hybrid consensus mechanism that combines merged mining from Bitcoin and delegated proof-of-stake (DPoS).
Which stablecoins are deployed on Elastos?
USD Coin, Binance Peg BUSD, HUSD, Binance USD, and Elk are deployed on Elastos.