Review on Elastos by Özgün A
Elastos grants users digital property rights
Elastos is a system where Dapp's are directly connected to each other without being controlled by anyone. The aim is to create a new internet system. This system will of course be built on blockchains. People can earn money through this system.
The aim is to enable users to access games and movies without an intermediary. In a sense, it looks like a "torrent" system. But of course, the difference of this system from torrenting is that it is built on blockchains. Not controlled by any system. While there is no gain from torrent, earnings can be made from Elastos.
• Bitcoin; Reliably recorded information
• Ethereum; Bitcoin systems + Smart Contracts
• Elastos = Bitcoin systems + Ethereum systems + money-making applications and digital property rights.
Let me give an example;
Imagine buying a game. The sale price of this game is $ 200. You can rent this $ 200 game for 170 lira over the Elastos system. There is a mutual win-win situation. At the same time, you get the digital ownership right of this game. The system aimed at mutual benefit, completely changing the existing system.
Pros
- Mutually beneficial system
- Having sidechains to reduce the network in main blockchain chains
- Deletion of information from blockchains after the product is sold in a way to prevent hacking
Cons
- The system does not have enough advertising and PR work
