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Elrond is a distributed transactional computation protocol which relies on a sharded state architecture and a secure Proof of Stake consensus mechanism. While most other blockchain networks require custom hardware and high energy consumption, Elrond runs on average computers.
How is Elrond different? The Elrond network is the first to present a viable solution where all the three aspects of sharding - state, network and transactions - have been implemented at once. Combined with its “Adaptive” component, this novel architecture allows for dynamic network configuration to maintain a high level of security while scaling with demand. In addition to scaling through sharding, Elrond also approaches the consensus problem with a mechanism called Secure Proof of Stake, which mitigates potential attack vectors when compared to Proof of Work, while also enabling large throughput and fast execution.
The native Elrond eGold (EGLD) token is live, opening a new growth phase for the Elrond economy. It is a natural step toward enabling native Elrond services such as staking and delegation, and native DeFi options. Just as there are huge implications in precise words and phrases because combined they reveal subtle and profound new meanings, so there are huge implications in precise, fine-tuned economic parameters because together they can evoke strong economic attraction forces, which can effectively reshape the global economy.
Elrond is a public blockchain that delivers a scalable sharding structure resolution, which is ready to ship greater than 15,000 transactions per second and might scale even additional, having achieved 263,000 transactions per second in public assessments. The eGold (EGLD) cryptocurrency will debut within the eToro ecosystem on Wednesday, December 23rd when it’s going to grow to be accessible on the eToroX cryptocurrency trade. At the moment, there are many players in the cryptocurrency market. For this reason, choosing the exchange or trading platform can be quite confusing for both novices and those who are familiar with the cryptocurrency market.
Audi-backed holoride to transform every car ride into the ultimate entertainment experience via extended reality and NFTs on the Elrond Blockchain.
Audi-backed, first-of-its-kind XR media platform holoride, the company that’s building the future of immersive in-vehicle experiences, has selected the Elrond blockchain to deploy transparent content monetization and true ownership of digital experiences.
The technology-driven automotive renaissance is mainly focused on the driver, with the passenger often being left out or neglected in the equation. The Munich-based startup wants to address that by integrating vehicle movement into extended reality media content, in real-time, thus transforming every car ride into a captivating adventure.
In the 2 years since its inception, holoride has engaged in collaborations with Audi, Porsche, Daimler, and Ford, as well as global media heavyweights Universal Pictures, Disney, and Discovery Channel. CEO and co-founder Nils Wollny wants to use holoride’s media platform as a gateway towards a global marketplace that is addressing all the world’s passengers, with the help of Elrond blockchain technology.
Binance Chain is a community-driven blockchain software system, with developers and contributors from all over the world. Binance DEX is the decentralized exchange feature developed on top of Binance Chain. Binance is an exchange where users can trade cryptocurrencies. They support many of the most commonly traded cryptocurrencies. Binance is currently in the top of the cryptocurrency exchange platforms in the world and provides a crypto wallet where you can store the electronic funds. Creat account Here.
Crypto.com is a cryptocurrency and payment platform. Its main aim is to promote the widespread adoption of cryptocurrencies. Founded in 2016, Crypto.com already has over 3 million users. The company is headquartered in Hong Kong and is headed by seasoned entrepreneur Kris Marszalek. From the offers available in the market, Crypto.com is one of the most ambitious organizations in the blockchain sector. If you are a novice investor try to get acquainted with the world of cryptocurrencies and if you are advanced, use their blockchain portfolio options to go to the next level. Crypto.com offers several financial services like: Convert crypto to fiat and spend, Buy, exchange, send, and track cryptocurrency, Crypto Earn and more facilities.
Maiar Wallet. Maiar is powered by the amazing technology of the Elrond blockchain, and is going to radically change the way we interact with money. Managing your crypto would be so much easier if you had Maiar. Get a $10 cashback reward in Maiar when you buy eGold. Create a wallet in seconds. No username, no password, no recovery phrase to backup. Just use your phone number. Maiar offers a digital identity layer that starts with a service mapping the phone number to a wallet address while preserving privacy and allowing users to send money to friends and family via their address book.
Send money from your mobile directly to anyone, instantly and with negligible fees. Send money directly. No banks or intermediaries charging extra fees. This is how you get back value and time, to do what really matters to you. Sometimes you don't want to share your phone number with strangers, or maybe you simply don't know the number of a person, brand, site or cause. For all those cases, we are very proud to introduce the herotags. Herotags are special usernames powered by the Elrond blockchain through a DNS service deployed on Elrond Network.