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What is Ela Coin (Is Ela a mainstream coin)?

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What is Ela Coin? ELA is a token that is programmable, non-transferable, and dec

What is Ela Coin (Is Ela a mainstream coin)?

What is Ela Coin? ELA is a token that is programmable, non-transferable, and decentralized. The initial total supply of ELA is 21 million coins. Currently, there are over 400 mining pools supporting the token, including founders such as Jiang Zhuo’er of Poolin (founder of Bitcoin.com), Wang Feng of Mars Finance, and Yuan Yuming, the CEO of Coindesk. Ela was developed and launched by a blockchain technology team with the aim of addressing issues of information asymmetry and security privacy in cryptocurrency transactions. (EOS Gravity Zone)

Is Ela a mainstream coin?

What is the current price of ELA?

According to the Bitcoin market data from BitUniverse, as of May 11th, the price of ELA is around $1. However, according to CoinMarketCap, there are multiple Ela (EL) coins in the market. Two of them are called ELA and are associated with BTC, EOS, and BCH. The first one uses a DPoS consensus mechanism, which combines POW and POS; the second one uses a PoT network mode, which incentivizes nodes to ensure security and stability. The third one is a dividend system. These options allow investors to choose different ways to purchase and gain returns.

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