what's Elastos?

Elastos is a blockchain-based platform designed to build a decentralized internet infrastructure, enabling users to achieve true digital ownership and privacy. It leverages Bitcoin's security through merge-mining, where ELA blocks are mined alongside Bitcoin, inheriting its hashpower without compromising decentralization. The ecosystem includes components like the Elastos SmartWeb for running decentralized apps, Carrier for peer-to-peer networking, and Hive for scalable data storage. It supports Bitcoin DeFi natively without wrapped tokens and features like the Bitcoin Oracle for EVM chain interoperability as Layer 2 on Bitcoin.

Elastos ranked 7th among DePIN projects with 73.7K social interactions as of Jan 12, 2026.