In today’s episode of Your Simplified Coin Review, we look at Elastos. This coin has a low total/circulating supply & a relatively small market cap. This coin has an opportunity to be one of the top coins in crypto if it is able to accomplish everything it is setting out today. ELA coin is trying to accomplish 3 goals: create a new & more secure internet, create a new operating system, & create a runtime environment that will make it easier to launch DApps. To learn more about the coin, please watch the review!
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Created by Ben Armstrong & Justin Williams.
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New website coming and yes they have a working product.
I dislike having to hear in the beginning of the video for a minute about liking and subscribing. I would suggest doing that at the end of the video. Other then that some good info.
Elastos does many things as does the present internet but safer and creates digital value.
Also read this reddit post.
https://www.reddit.com/r/Elastos/comments/8aclgo/could_we_have_a_little_neo_competition_coming/dwyorxi/?context=1-
Has the penny dropped yet as to what this means.
Elastos can become the base layer/cure for any blockchain with scaling problems by running on Elastos as a sidechain.
Here's something Vitalik Buterin said recently;
"If you want to build a decentralized Uber and Lyft on top of an unscalable ethereum, you are screwed. Full stop."
An OMFG reaction would be normal!
good cover man, thanks for spreading the word
Intro was awesome! Magic Internet Money is kind of my thing.