Elastos: Collaborating with Alibaba and Tencent to Build the Foundation Layer of Web3
TechFlow Selected TechFlow Selected
Elastos: Collaborating with Alibaba and Tencent to Build the Foundation Layer of Web3
Web3 native browsers are constantly pushing the boundaries of decentralization. But it's not enough... That's where Elastos comes in.
Navigating Web3 tides with focused insightsAuthor: Viktor DeFi
Translation: TechFlow
Despite having over 13,000 decentralized applications (dapps), we still haven't attracted a billion users into cryptocurrency. Beyond decentralization, crypto needs a fully decentralized tech stack to achieve this—and that’s where Elastos comes in, partnering with Alibaba and Tencent to build the foundational layer of Web3.
Let's face it: today’s internet model is built for scalable Web2 applications. Even with our strong decentralized value proposition, we’re still struggling because centralized entities control the existing internet infrastructure.
Thanks to blockchain, Web3-native browsers are pushing the boundaries of decentralization. But that’s not enough—that’s where Elastos steps in. Elastos is more than just an L1 blockchain; it’s a Web3 ecosystem built on an open-source, decentralized technology stack.
A quick overview of Elastos:
∙ Founded in 2017;
∙ 80,000 users on the Smart Chain;
∙ Over 220,000 users on the main chain;
∙ 50+ projects, partners, and platforms;
∙ More than 70 BPoS nodes across North America, Europe, and Asia, plus 12 Cyber Republic nodes.
Elastos aims to create a new kind of internet using blockchain technology—one where end users and creators have full ownership and control over their identities and digital assets.
The Elastos ecosystem provides all the tools developers need to build next-generation dApps—from infrastructure and middleware to blockchains and operating systems.
The four pillars of Elastos’ core blockchain architecture use a unique hybrid consensus model called “Elastic Consensus.”
∙ Elastos Main Chain;
∙ Elastos Smart Chain (ESC);
∙ Elastos Identity Chain (EID);
∙ Elastos Cyber Republic.
Elastos Main Chain
It uses a hybrid consensus mechanism combining Bitcoin’s Proof-of-Work (PoW) with Bonded Proof-of-Stake (BPoS), delivering decentralized trust and security. With over 50% of Bitcoin’s hash power, the network enables fast transaction processing and payments.
Its innovative Variable Bonded Proof-of-Stake mechanism offers flexibility—users can bond their ELA tokens for periods ranging from 10 to 1,000 days, receive staking tokens, and stake them with chosen validators.
Elastos Smart Chain (ESC)
As the name suggests, ESC is a scalable, Ethereum Virtual Machine (EVM)-compatible sidechain supporting smart contracts. It enables dApp development and operation with low gas fees, top-tier support, and enhanced security.
Elastos Identity Chain (EID)
EID is transforming identity management on the web. It allows creation of an unlimited number of secure digital identifiers (DIDs), giving users full control over their data and credentials. User data can be stored on-chain or off-chain via private storage solutions.
Elastos Cyber Republic (CR)
CR is Elastos’ governance council, composed of 12 elected members including project leaders, community members, and network contributors. Council members serve one-year terms and also act as validators.
Beyond blockchains, Elastos has developed a core technology stack providing developers with all the tools needed to build decentralized solutions.
Elastos Hive
It is Elastos’ storage system. Hive leverages the standard open-source IPFS/Cluster project with necessary improvements, offering storage capabilities for dApps. It also allows dApps to easily access file data via HTTP APIs and SDKs.
DRM
Recently, Elacity, part of the Elastos platform, announced its Digital Rights Management (DRM) technology. DRM helps NFT creators protect their intellectual property by preventing unauthorized copying and piracy. This empowers creators with greater revenue potential and stronger control over their content and its usage.
Essentials Super Wallet
Essentials is Elastos’ native wallet, enabling users to interact with dApps, easily create DIDs, and manage their assets. The wallet is EVM-compatible and supports all major chains including BTC. Users can stake, vote, and earn $ELA through it.
Recently, Elastos partnered with Tencent Cloud to advance inclusive intelligent networks—a positive development for developers and creators. They’ve also teamed up with Alibaba Cloud to offer one-click Web3 solutions such as validator node deployment, DID, and storage services.
Other partners include Celo and Wisdom Gaming. Through these collaborations, Elastos is driving blockchain adoption to create a safer, user-centric internet.
Join TechFlow official community to stay tuned
Telegram:https://t.me/TechFlowDaily
X (Twitter):https://x.com/TechFlowPost
X (Twitter) EN:https://x.com/BlockFlow_News
@ViktorDefi
