aelf’s Official Statement on Recent Allegations

In the dynamic world of blockchain technology, clarity and transparency are paramount. Recent discussions have surfaced regarding the relationship between aelf, a pioneering blockchain network, and aelfUnion, a participant within its ecosystem. It is essential to illuminate the distinct and autonomous roles that each entity plays.

Distinct Entities with Separate Operations

aelf stands as a standalone blockchain network, renowned for its innovative approach to decentralized applications. Contrary to speculation, aelfUnion is not an extension of aelf but rather operates as a block production node within the aelf ecosystem. The two are separate entities with no overlapping partnerships, investments, or shared commercial interests. aelfUnion’s contributions to aelf’s blockchain are confined to its role as a block producer and do not extend beyond this function.

Financial Autonomy and Independence

It is imperative to acknowledge that aelf has not invested in aelfUnion. All financial dealings and investments remain internal to aelf, reinforcing the independence of both entities. Each organization maintains its financial integrity and autonomy, with no cross-investment to blur the lines of individual entity operations.

Unendorsed Activities and Statements

aelf’s reputation is built on its own merits and operational decisions. Therefore, it is critical to understand that aelf does not endorse the activities, decisions, or public statements made by aelfUnion. The latter retains full autonomy over its actions and statements, holding sole responsibility for any outcomes. aelf’s endorsements and accountability are confined strictly to its internal operations and initiatives.

Resource Management and Governance

The operational framework of aelf is self-contained, with resources managed independently from aelfUnion. There is no shared governance or resource allocation between the two entities. This distinction is crucial in maintaining the integrity and independence of both aelf’s and aelfUnion’s resources and governance structures.

aelf is dedicated to fostering a future where innovation, collaboration, and progress are at the forefront. The trust of the community remains a pillar of aelf’s commitment to its ecosystem. Transparency will continue to be a cornerstone of aelf’s interaction with its community and stakeholders.