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/biz/ - Business & Finance

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15263960 No.15263960 [Reply] [Original]

Elastos is an operating system, a decentralised internet and a Virtual Machine (VM) tool all wrapped up into one. It has its own operating system to run on devices without one (e.g. IoT devices), it aims to improve security by using the blockchain as an internet protocol rather than TCP/IP and it allows DApps to run across any operating system - including phones - using what is essentially a VM (called Elastos Runtime).

It works to improve security by assigning everything running on Elastos (including devices, digital assets, servers, DApps) their own ID or 'Universal Unique Identifier'. This is checked on startup by the Elastos blockchain and only following validation is an internet connection established. This aids prevent DDoS attacks. Furthermore as all DApps run on Runtime they do not touch the device, Elastos OS or any other DApp - they essentially operate in a vacuum.

There are other projects which aim to do some parts of Elastos but there are none that are trying to combine it all as Elastos is attempting to do.

What is it?

Elastos wants to make digital assets scarce, identifiable and tradable. Property rights pave the way for wealth creation, and Elastos intends to build a new World Wide Web that respects those rights.

The 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: Again, there are other projects aiming to let people do this but it is more DApps aiming to do this, not platforms. It is interesting that they aim to bypass other media players entirely here.

Elastos will be a platform for decentralized applications (Dapps) that runs on a peer-to-peer network with no centralized control:

People can access these Dapps via their mobile phones, without changing their operating system.

Elastos has created a new World Wide Web that is safer and smarter, and that can one day be known as the Internet of Wealth

>> No.15263989

>>15263960
>years old nothingburger
>next massive
f u c k o f f

>> No.15264030

Are you in to crypto/blockchain? Do you really not see massive potential in what Elastos is doing here? Yes, it's very complex. But if you can wrap your head around it, it's clear that it is above anything else in the space today... And best of all, the market cap is less than 50 Million as of today!

>> No.15264109

>>15264030
Oh my god what a deal! Please tell me more about that chinkscam so I can lose it all!
I predict a -30% on elastos next week thanks to OP, where to short it?

>> No.15264191

I don't really understand how you can be into crypto and be a racist. You do realize that most of the bitcoin mining and thus crypto influence comes from China. Also, it does make sense that a new decentralized web standard would be created in China, a place with repressive surveillance technology.

>> No.15264987

I bought some in 2017/2018. hope it rebounds

>> No.15265002

Why do people shill here? Seriously

>> No.15265022
File: 333 KB, 1426x2133, IMG_20190815_191736.png [View same] [iqdb] [saucenao] [google]
15265022

Yeah, I'll pass, thanks

>> No.15265025

So this is the PnD for the weekend ?

>> No.15265044

How many chink scam internet coins do we need?

>> No.15265069

>>15263960
I remember barely more than a year ago I considered going all in on this garbage at $45. -95% since then. Incredible.

>> No.15265074
File: 60 KB, 750x500, 1561743547016.png [View same] [iqdb] [saucenao] [google]
15265074

>>15263960
WELCOME TO EJUSTOS ROUND EYE
>>/biz/image/Szf0td3MAp5F5_jeLK1m9A
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