Elastos (ELA) is a blockchain-based platform that aims to create a secure and decentralized internet. The platform is designed to provide a secure environment for decentralized applications (dApps) to run on, without the risk of being hacked or compromised. Elastos uses a combination of blockchain technology and peer-to-peer networking to create a secure and decentralized internet that is resistant to censorship and hacking. The platform also provides a secure environment for digital assets to be stored and traded, making it an attractive option for investors looking to invest in cryptocurrencies.

One of the key features of Elastos is its use of sidechains, which are separate blockchains that run alongside the main Elastos blockchain. These sidechains allow developers to create and deploy their own dApps on the Elastos platform, without having to worry about the security risks associated with running them on the main blockchain. This makes it easier for developers to create and deploy new dApps, which in turn helps to drive adoption of the Elastos platform. Overall, Elastos is a promising cryptocurrency that has the potential to revolutionize the way we use the internet and store digital assets.