Elastos | A New Internet | P2P Carrier Network | $ELA 10x Soon? | Elastos News

4,890 Views · Posted 6 years ago

--Elastos $ELA: A New Type of Internet--
Elastos is the holy grail for decentralized systems. The Bitcoin blockchain $BTC is used for ownership of data, while the person-to-person carrier network is used for data transfer, while the SDK, Elastos runtime, and virtual machines essentially replace the need for a cloud or server to store information and files.
Today we will diving into the P2P carrier network that allows data transfer from Person to Person, which is some of the best Elastos news to hit the market. Will this make Elastos $ELA 10x soon?
--Elastos P2P Carrier Network--
The Carrier takes over all the network traffic between the virtual machines and conveys the information on the application behalf inside your phone or device. When using an application with Elastos, all or your data stays on your device. If you want to share that data with someone else, it isn’t routed through the internet and then through centralized servers. Instead you run the Elastos runtime on your device, transforming your device into its own virtual machine and node on the P2P carrier network. Each node or device provides its own processing capacities and capabilities, and file transfers happen through the carrier.

--Features of Elastos P2P Carrier Network--
1. Decentralized and end-to-end encrypted
2. Resilient to hacking and DDOS attacks
3. Low Cost
4. Data never leaves your device to go on a server

Elastos is a beast of a project, and it's not easy building a new type of internet from the ground up. Stay tuned for more videos, where Chico will be bringing you some of the best Elastos news!

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