BEIJING, CHINA - Media OutReach - 21 May 2019 - Elatos is thefirst blockchain-driven smart web with security and trust. It wascreated by thefounder Rong Chen, the co-founderFeng Han as well as Bitman cofounderJihan Wu and NEO founder Hongfei Da.The project of Elastoshas been established for 20 years and has received nearly200 million investments from Foxconn.Comparingto other blockchain projects, Elastos has strong technical advantages on all its infrastructures that include ElastosBlockchain, Elastos Carrier, Elastos Runtime, and Elastos Services.

So far Elastos mainnet has beenupgraded and itsconsensus mode is AUXPoW+DPoS. After the joint mining is officiallyopened to the entirenetwork, Elastosmainet has been successively connected with the top tenmining pools withbiggest hash power in the world, including BTC.com, BTC.TOP, ViaBTC,F2Pool fish pond, Huobi.pool,etc. The current hashpower has reached 43% of the whole network, and Elastos becomesthe second largest project after BTCin terms of hash power.

Inaddition, the Elastos DPoS Supernodecampaign is also underway. Sofar there are nearly 100 participating nodes from more than20 countries across Asia, Europe, Southeast Asia, North America, etc. Theparticipating nodes are blockchain enthusiasts, ecological partners, majormining pools or investmentinstitutions, etc. They will participate in the construction for ecosystemand community in termsof technology,professionals, users and funds, and also provide a solid backing forthe prosperity of the Elastos ecosystem and the massive outbreak of the apps commercialization.In this way, we work together to accomplish the mission of the Elastos smartweb.

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