Key milestones in the three-year development of aelf

This article was first published on Stories by ælf on Medium

The story of aelf began on December 10, 2017. Since then, we have gone through an unforgettable journey together. Now, let’s go back to the very beginning and review the milestones that aelf has achieved in the past three years.

December 1, 2017

Chen Zhuling, co-founder and COO of aelf, introduced the project’s vision and planning to global investors at the Coindesk conference. aelf completed fund-raising ahead of schedule on December 10, and obtained investment from dozens of institutions including Huobi Capital, Binance, BlockTower, Arrington XRP Capital, Draper Dragon, Galaxy Digital, Node Capital, and Bitmain.

December 21, 2017

ELF was listed on crypto exchanges for the first time on this day. It was launched on six major exchanges, including Binance, OKEx,, CEX, BCEX and Bibox.

January 24, 2018

ELF was officially listed on Bitfinex trading platform. It only took a little more than 30 days for ELF to land on the world’s largest Bitcoin exchange since its initial launch.

May 3, 2018

In Singapore, aelf announced the establishment of an innovation alliance with Signum Capital, Huobi Lab, Michael Arrington, FBG capital and Roland Berger, and the collaboration in blockchain cross-domain research.

June 30, 2018

The successful launch of the aelf testnet marks that the infrastructure of the aelf network has begun to take shape. It also means that the development of aelf has entered a new stage, which is one of the important processes in the transition to the main network.

August 8, 2018

The TPS data of the aelf testnet was published for the first time, which was 14,968 times per second. This test verified the parallel execution capability in a stand-alone case and the scalability in a cluster environment. The test data excited the Korean market and caused a heated discussion among users around the world.

November 2018

aelf reached a strategic cooperation with Connect Global Strategies, a ...

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