This article was first published on Stories by ælf on Medium
Last Friday ( July 29, 2020), aelf hosted an AMA about DeFi on Twitter, featuring aelf’s COO Zhuling Chen & aelf Dev advocate. Below is a transcript of the questions and answers.
Q: Currently on the DEFI market is becoming a trend and focus of investors and since then startups are also more about the DEFI trend. First of all, what do you think about this? And Aelf how to compete with other DEFI projects what are the specific differences you can detail? @thihuyen93
A: We place DeFi in first priority! Initiating DeFi can make us attract more money flow, make the system to interactive more with existing DeFi chain, say, Ether, and for our ecosystem, the tokens can be exchanged, financed at any time, making value transfering much more liquid. We have various kind of high-end technologies in aelf(cloud computing, parallel processing, AEDPoS, CCTP, high efficiency cross-chain, multi layer side chain designing, etc.), and all the code are written by ourself from scratch. This make our system can not only support different vertical business scenarios, but also make different scenarios’ value transferring among each other, even with value in different blockchains. With all these in rather high speed. We can achieve at least 10000 tps in practice.
Q: DeFi is now a good form of transaction because it is not regulated by any organization or government. So I want to ask if the aelf ecosystem can create some additional advantages for defi?
A: We can make value of our Dapps on whole ecosystems transferred more efficient and trustiness even with ecosystems of other blockchain projects with cross chain technology. And DeFi has been one of aelf’s fundamental infrastructure and be a central hub of value transfer.
Q: Why should DApp developers choose Aelf blockchain instead of ...
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