Warning: Lightning network software is still in beta phase, so it is recommended to use small amounts of money. A list of lightning network stores for the testnet can be bitcoin testnet exchange here. If you are a non-technical user, you can try lightning with a mobile wallet. Know a store not listed here?
For other lightning network resources visit LNroute or Lopp. This article was written in the height of the bull run. Every chinese coin talked about here were 3x-4x higher in USD value. It’s my take that China is not favorable to cryptocurrencies right now — especially cryptos not-entirely under their control. At least not until the market finds a bottom. Chinese coins are the bee’s knees in the crypto world with many Chinese coins recently exploding in value. Investors are eagerly searching for the next Chinese coin that promises a huge return.
A look at some of the recent Chines cryptocurrencies shows a rise in market cap from mere millions to many billions in only a few months. Join our Crypto Income Telegram Group if you want to talk with other crypto investors about ICO’s, alt coins, and more. If you think you missed the boat on these coins, fear not! There’s a new wave of upcoming Chinese-coins that may just go parabolic over 2018, rising into multi-billion dollar valuations. Ripple that regularly spike on hype news. Getting in pre-hype for cheap is HOW you make real money in this game.
This is where you see 5x, 10x, 30x, 50x, and 100x returns. But it’s a game for the patient. So get em while they are cheap folks! AELF is a crypto that aims to solve both scalability and cross-chain communication by introducing the concept of parallel sidechains. Polkadot of China’ which is true in that it attempts cross-chain communication between different chains.
AELF is also proposing a solution to the non-trivial problem plaguing blockchain technology: scalability. Scalability has perhaps the number one problem preventing blockchain technology from achieving any semblance of mainstream adoption. This is an order of magnitude too slow for any real mainstream use. Any single real-world application running on Ethereum would bring the entire network to its knees. Cryptokitties, a simple ethereum-based game released in December, did in fact cripple the entire ethereum network with only a few thousand users playing the game. Fixing scalability is a must-solve problem if blockchain is to gain mainstream adoption.
The blockchain that provides a working solution to this will be worth a chunk of the cryptocurrency market cap. And currently, it’s a race to see who can deliver the first solutions. Currently, the only permissionless blockchain that has fixed the scalability problem through sharding is Zilliqa which has a testnet showing speeds of up to 2,500 transactions per second. Aelf is setting itself as a contender in the scalability race. AELF proposes an alternative scaling solution where transactions are split among many sidechains all operating in parallel.
It’s a promising and quite original technical solution to the issue of scalability if the AELF team can pull it off. Hashed and Alphabit — some of the biggest Asian VC investor groups in the world. AELF looks like a very good investment to have in your portfolio over 2018. Why It’s Poised for a Major Market Cap ExplosionAELF is still in early stages of development, but considering the coin is solving two of the biggest fundamental problems plaguing blockchain technology, Scalability and Interoperability, AELF looks like a sure mid-to-long-term win as it is addressing both of these issues. So the tech looks promising and the implementation of it not too far off. But you can also add to this the Chinese X factor.