Elastos Insights

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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…

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…