AELF blockchain
Aelf debuted its mainnet coin swap , which was its most crucial improvements in Q3 2021. AELF’s goal is to create a blockchain infrastructure that links to existing ecosystems like Bitcoin and Ethereum.
Since the start of its production server coin exchange on September 9, 2021, aelf has been broadening its ecosystem. As of June 21, 2022, Aelf team had effectively issued a series of events, including a mainnet coin swap, node voting, and two hackathons. aelf has drawn brilliant designers from all around the world, partnered with leading companies, and managed to gather a group of dedicated blockchain aficionados as our customer base, all of which have helped fuel the growth of aelf’s ecosystem.
The bridge is already operational, and according to official website. But what does aelf’s future hold?
What is AELF exactly?
aelf is a software product technology company dedicated to creating a perfectly functioning blockchain ecosystem. aelf introduces cloud network that will ultimately lead the decentralized future.
The all-in-one blockchain approach consists of the following components:
- aelf mainnet – a bridge network that enables files to be transmitted through one node to another. This procedure is carried out across numerous chains inside the cloud technology software.
- aelf oracle – Aids with off-chain retrieving data among public chains.
- Specialized DeFi protocols- take full advantage of AELF’s technical aspects to connect DeFi via AMM, lending, and NFTs.
What can we expect in the future?
According to the roadmap, AELF will push the majority of its high – tech upgrades next year. Only by broadening the aelf Oracle system will the program’s ecology be updated in the first fourth of 2022. Just after the revamp, two-way communication between projects will be possible.
So, how will AELF strive to improve its innovation and product? Here’s a breakdown by quarter of the year.
2022 Q3: AELF Blockchain Event Listener
The fulfillment of each transaction, per the AELF’s blockchain event listener, will trigger a respective event that will be managed to capture and treated by the DApp on its backend. The event listener is an occurrence network monitoring and handler framework that is needed for the development of DApps.
2022 Q4 Cross-Chaining of Tokens
A cross-chain bridge makes use of two coin transactions between both the aelf chain and EVM-compatible blockchains, as well as exchanges between the aelf mainchain and sidechains. This bridge has its own webpage for the comfort of users.
2023 Q1 Cross-Chain NFT
Along with the coin cross-chain function, which will be available in Q4 2022, an NFT pass bridge will be constructed to support the transition of EVM suitable NFTs to aelf. Cross-chain for NFTs allows the user to navigate their NFTs among tournaments or situations, making the investment more liquid and comfortable to use.
2023 Q2 Improve the Developer Toolkit
The developer toolkit is a set of functions and structures for teaching, constructing, checking, and arranging DApp developers’ experiences on aelf.
AELF has taken a number of steps toward its objective of being the next blockchain major advancement. AELF had many wins this year alone, including the release of its mainnet and a relaunch that enlarged its production plan into an ecological system, along with a mainnet, a flexible Oracle network, and varied Defi protocols.
