Semir Ramovic from Cyber Republic introduces ELASTOS at the BlockchainHub Graz Meetup (Dec 11, 2018).

1. Safe and Decentralized Web
Semir Ramovic, semir.ramovic@cyberrepublic.org 11.12.2018

3. What’s Wrong With The Internet Today?
● Disproportional Wealth Distribution
● Lack of Security
● No Protection of Digital Assets

4. Elastos
Safe and reliable internet of the future. Built utilizing blockchain.
First completely safe environment on the web.
Decentralized applications are detached from the internet and
scale up to billion of users.
Ownership and exchange of data and digital assets

5. Elastos | Smart Web
Elastos Blockchain Elastos Runtime Elastos ServicesElastos Carrier
The Four Pillars of The Elastos Smart Web

6. ● Merged Mining (Auxiliary Proof-of-Work)
○ Produce blocks
○ Energy efficiently and network security
● Delegated Proof-of-Stake (DPoS)
○ Arbitrators only “sign off”
○ Finality (prevent forks)
○ Token transfers between mainchain and sidechains
● Solves trilemma of security, decentralization and scalability
Blockchain | “Elephant” Consensus

7. Blockchain | Mainchain and sidechains

8. Blockchain | Mainchain and sidechains
● Ethereum has 2 problems
○ Lack of computation power and flexibility
○ Not designed to store data
● Main chain handles basic transactions and payments
● DApp smart contracts run on sidechains
● Sidechains are customizable
○ Custom consensus algorithm
○ Provides Ethereum or NEO smart contracts
● DApps run on Elastos Runtime

9. Runtime | Safe environment
● C++ Virtual Machine
○ OS/Hardware agnostic
● Completely sandboxed environment (opposed to e.g. Java Virtual Machine)
● TCP/IP protocol and http/s disabled for dApps
● Communicates through Elastos Carrier

10. ● Peer-to-Peer (P2P) network
● Secure communication between virtual machines
● Self-contained ecosystem enables data exchange
Carrier | Decentralized Peer-to-Peer Network

11. Carrier | Comparison of technologies

12. Anti-censorship

13. Services | Out-of-the-box functionality

14. Network Operating System

15. Digital Assets on Elastos Platform
● Create different business models
● Copyright protection by design
● Empowers content creators
● Digital asset scarcity
● Lifetime lease or ownership

16. ● Alpha Smartweb release (August 2018)
● December 2018
○ DPos Consensus
○ Ethereum, NEO sidechain
● January 2019
○ Elastos Carrier v5.2
○ Elastos Runtime (Browser) for iOS
● February 2019
○ Elastos Storage Proof of Concept
● Q1, 2019
○ DPoS Supernode election starts
Milestones
For more information visit: elastos.org and news.elastos.org/elastos-products-list

17. Website: peerjet.net

18. An autonomous network of entrepreneurs and developers functioning
independently of Elastos; its vision: to self-assemble and reimagine the very
concept of community; its goal: to promote synergistic partnership, project
development, and expand the reach and breadth of the Elastos ecosystem; its
identity: boundless and undefined.

19. CR100 | Cyber Republic
● 100 projects that show diversity and abilities of Elastos
● Funding for particularly promising teams

20. CRcles | Cyber Republic

21. CRcles | Cyber Republic
● Each circle has tasks and full-time people managing it
● Each task pays ELA
● CR owns 50% of the total supply
● 35% of PoS rewards go to CR

22. JOIN AND LET’S BUILD A
SAFE AND FAIR INTERNET
Elastos.org