Elastos Insights

Elastos Bi-Weekly Update – 19 March, 2023

The Elastos ecosystem is entering a new era with the upcoming launch of Bonded Proof of Stake (BPoS), which will replace Delegated Proof of Stake (DPoS) as one of the three pillars of Elastic Consensus. The Gelaxy Team is preparing…

Elastic Consensus Technical Overview

Introduction March marks a watershed moment for the Elastic Consensus mechanism. This month, the project will be technically ready to shift from DPoS (Delegated Proof of Stake) to BPoS (Bonded Proof of Stake). In late 2021, Su Yipeng, a longtime…

Essentials Wallet Adds Tron Network with Multiple Features

Essentials is a decentralized wallet that supports EVM-compatible and non-EVM-compatible networks. In addition to the various non-EVM-compatible networks, the Essentials wallet has recently integrated Tron, the third non-EVM-compatible network it supports, allowing users to access new features and functionalities. Tron…

Elastos Bi-Weekly Update – 5 March, 2023

The Gelaxy Team wrote thorough documentation for deploying Elastic Consensus nodes. They also tested the minting of ELA staked along with the new multi-signature accounts. Essentials wallet has undergone the necessary upgrades in preparation for the new Bonded Proof of…

DIDs and Web3’s Regulatory Challenges

The emergence of crypto and Web3 has brought with it a new set of challenges for regulators and compliance teams. Though decentralized finance (or DeFi) platforms and NFTs have disrupted traditional financial systems by creating new opportunities for innovation, they…

Hong Kong’s Crypto Revival and Elastos

Narratives drive crypto. It’s a common occurrence to see specific sectors appreciate in cycles. For instance, the summer of 2020 was the year of Decentralized Finance. In 2021 NFTs came to the forefront with hopes of Metaverse and Virtual Reality…

How DIDs Solve Issues of Digital Identity

Our digital identity is an extension of ourselves. From social media profiles and banking information to DeFi applications and NFTs, we entrust our online data to a variety of platforms, many of which are centralized and vulnerable to hacks, leaks,…