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AELF – Blockchain Token: What’s it?

This episode of Blockchain Token – What’s it? covers Aelf. Aelf is a platform for cloud based mostly decentralized computing.

Bought a job your laptop does not have the processing energy to finish? Then Aelf’s distributed supercomputing may very well be best for you! Versus a cloud based mostly server, info is distributed throughout the community. As a substitute of 1 level of assault for malicious actors, they must hijack over 50% of the community, making it extraordinarily troublesome for the community to be hacked.

Is Aelf the subsequent evolution of tremendous computing? Watch the video to seek out out!

Hey everybody, that is Sam from Blockchain.wtf and at present we’re going over Aelf. No not the Will Ferrell film, or the Aelf on the shelf. No, as an alternative this Aelf is a platform for cloud based mostly decentralized computing. That is a reasonably imprecise assertion, so lets break it down for you.

Historically, you’d conduct all of your computing on a laptop computer. Easy. Nevertheless, there are some points that might come up in case you are solely utilizing a private laptop. I do know I’ve run into a number of issues the place my laptop wasn’t as much as snuff, I wanted extra storage or processing energy.

The primary reply that many have turned to is the cloud. The cloud is decentralized storage, so as an alternative of holding information on a tough drive, the cloud means that you can entry your information so long as you’ve an web connection.

The issue with the cloud? it is nonetheless centralized. You’ve one level that shops your info, some server someplace. and thats an issue. if somebody desires entry to that info, they’ve a central hub to go to.

Aelf has turned to the blockchain to handle this subject. Versus a cloud based mostly server, info is distributed throughout the community. As a substitute of 1 level of assault for malicious actors, they must hijack over 50% of the community, making it extraordinarily troublesome for the community to be hacked.

Nevertheless, that is no simple job. Decentralized supercomputing continues to be a brand new idea, with tasks like Golem exploring, the area is more likely to advance rapidly.

Whereas many take into account it pretty new to the cryptoscene, it has already gained traction in Asia, with a considerable amount of their funding coming from China.

The three fundamental challenges Aelf goals to unravel within the blockchain area are scalability, segregation of sources, and lack of pre-defined consensus protocol to undertake updates. They purpose to implement Delegated proof of stake and the power to create facet chains so as to obtain this scaling.

In case you loved this video, please give us a “Like.” Try a few of our different Blockchain Token episodes, and be taught extra about totally different blockchain tasks! And don’t neglect to subscribe to our channel so that you don’t miss out on any of the blockchain buzz!
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