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Highly scalable blockchain infrastructure

Elph is a decentralized network of scalable Plasma sidechains that achieves high transaction throughput on top of Ethereum.

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Investors

Coinbase
The House Fund

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Our Plasma sidechain is up and running on testnet! See it live by taking the journey with Alice on her shopping spree in our interactive demo.

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Features

Scalable

Using Plasma sidechains allows Elph to process transactions orders of magnitude faster than traditional blockchains like Ethereum, allowing for highly-scalable applications to run on a blockchain.

Secure

The sidechains are built on top of Plasma architecture, which means all assets on the sidechain are backed by the security of Ethereum. Users have the option to safely withdraw their exits from a sidechain at any time using Plasma's primitives.

Fast

Transactions are processed with one second block times, providing quick results back to the user. Users can instantly exchange cryptocurrencies, interact in real-time with decentralized applications, and execute smart contracts at low cost and high speed without running into network congestion issues.

Interoperable

As a layer 2 solution, Elph's sidechains can leverage Plasma architecture to interface with any blockchain. This allows Elph to act as a secure bridge between different blockchains, allowing for asset transfer and communication across multiple blockchains.

Ethereum compatible

Elph's sidechains are compatible with Ethereum-based assets (ETH, ERC20, & ERC721) today, making it possible to instantly leverage the vast ecosystem of Ethereum tokens in applications built on top Elph.

Configurable

Developers building on Elph's sidechains can customize their sidechains across a variety of parameters (e.g., the number of validators securing the blockchain, geographic distribution of validators, desired transaction throughput, and more). It's like Amazon Web Services for your underlying blockchain.

Team

We're a team of seasoned industry researchers and systems engineers with diverse expertise in distributed systems, networking, parallel computing, large-scale deep learning, smart contracts, and cryptocurrency protocols. Our founding team holds degrees from world-renowned institutions such as Stanford, Berkeley, and UIUC and are alumni of Y Combinator and the Thiel Fellowship, the two leading startup incubators in the world. Having sold our last company working on a distributed file system to Box, we have a proven track record of leading the development of cutting-edge, production-ready distributed systems in the industry. Our team brings extensive experience building highly scalable, high-performance, resilient, and secure software systems to the blockchain industry.

Ritik

Ritik Malhotra

Co-Founder & CEO
Ritik is a Y Combinator and Thiel Fellowship alumni that co-founded Streem, which was acquired by Box in 2014. His research into distributed file systems and parallelizable video transcoding algorithms has resulted in seven patents, with the technology live in production use at Box. He's also had a successful track record as an angel investor in over 20 startups. B.S. EE & CS, UC Berkeley
Tanooj

Tanooj Luthra

Co-Founder & CTO
Tanooj developed crypto expertise as a senior crypto engineer at Coinbase, where he scaled the distributed crypto transaction processors and added Bitcoin Cash and SegWit functionality to the exchange. He also co-founded Streem, a Y Combinator backed company, where he researched and developed novel distributed file system streaming and video transcoding algorithms. B.S. EE & CS, UC Berkeley.
Vamsi

Vamsi Chitters

Co-Founder
Vamsi joined Google in 2014 to design and scale the real-time search indexing system on the Knowledge Graph Infrastructure team, scaling the system to handle billions of graph updates per day. He has also contributed to various computer systems research including large-scale deep learning, database optimization, GPU parallelization, and computer vision. M.S. CS (AI/ML), Stanford; B.S. EE & CS, UC Berkeley.
Sarat

Sarat Ravi

Co-Founder
Sarat was the lead engineer at Streem and Box, where he developed the patented kernel-mode distributed file system powering Box's flagship desktop product. He has also conducted research in natural language processing to analyze live close captioning data and in computer object recognition and keypoint feature extraction to implement large-scale queryable video fingerprinting algorithms for live TV broadcasts. B.S. EE & CS, UC Berkeley.
Abhinav

Abhinav Lanka

Co-Founder
As one of the earliest employees, Abhinav led engineering at Look Messaging, optimizing the low-level messaging architecture built in Erlang. He's also spent time designing and scaling Yahoo's real-time ad bidding system built on the OpenRTB protocol and has worked on a graph queryable database used to index large financial datasets at Belvedere Trading. B.S. CS, UIUC.
Dawn

Dawn Song

Advisor
Dawn is the co-founder of Oasis Labs, a layer 1 privacy-preserving blockchain and a veteran professor in the EE & CS department at UC Berkeley. She is ranked as the most-cited scholar in computer security, which includes her research in blockchain tech, decentralized systems. She is also the co-director for the Initiative for CryptoCurrencies and Contracts (IC3).
Kristen

Kristen Stone

Advisor
Kristen was an early employee at Coinbase, helping grow it from 1.5M to 25M users. She is currently the lead product manager for the backend technical team that connects the Coinbase Business Units to different blockchains and has led partnerships and launches of several new cryptocurrencies at Coinbase.

Team's Past Affiliations

Coinbase
Y Combinator
Google
Thiel Fellowship
Stanford
Berkeley