Elrond a crescut cu 1.
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Elrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things.
The blockchain has a native token known as eGold, or EGLD, that is used for paying network fees, staking and rewarding validators. Elrond was first announced in Augustand its mainnet went live in July Who Are the Founders of Elrond? Elrond was co-founded in late by brothers Beniamin and Lucian Mincu alongside Lucian Todea as a solution to the problem of blockchain scalability, which they thought to be the most pressing problem facing the industry.
Lucian Mincu has additional experience as an information technology engineer and security specialist, having worked with Uhrenwerk 24, Cetto and Liebl Systems. Todea is a serial tech entrepreneur who previously founded and served as CEO of Soft32, a software review and download site, and a partner of mobilPay, a mobile payments application. What Makes Elrond Unique? Elrond describes itself as a blockchain platform for the new internet economy, decentralized applications and enterprise use.
Its main selling point is its high scalability, stating that it is the first blockchain network in which state, network and transaction sharding have all been implemented.
EGLD Informații de preț live
According to its economics paper, it seeks to build up its ecosystem and establish EGLD as a store-of-value asset. To achieve this goal, the network runs on 2, validator nodes split into four shards: three execution shards, capable of 5, transactions per second each, and one coordination shard, the "Metachain.
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It can scale by adding an additional shard when the throughput demand is unmet. It was tested to runTPS in a public environment with 1, nodes from 29 countries grouped in 50 shards.
Related Pages: Learn about Zilliqaanother blockchain project that uses sharding to improve scalability. Learn about Harmonywhich also uses sharding to scale its blockchain.
EGLD Price Statistics
New to the blockchain space? Read an in-depth introduction on Alexandria, CoinMarketCap's online educational resource. Stay up to date on the latest innovations in blockchain technology with the CoinMarketCap Blog. The Elrond economic model has a limited supply that starts at 20, EGLD, with new tokens minted to reward network validators.
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The maximum supply can never exceed 31, EGLD, but this number will decrease as more transactions are processed. Elrond's tokens were first issued on Binance Chain under the name ERD with a total supply of 20 billion.
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During the process, the total token supply was reduced from 20 billion to 20 million by setting the swap ratio at 1, ERD for 1 EGLD. How Is the Elrond Network Secured?
Elrond uses what it calls a secure proof-of-stake consensus algorithm in which nodes must stake their EGLD tokens to participate in the validation process, and each validator is assigned a rating score based on past activity, which also influences whether or not they are selected.
If a validator's rating becomes too low, it will not be selected and must pay fines. Validators can also be removed from the network and have their stakes slashed if they continuously act in a manner that is against the tranzacționare de înaltă frecvență cu bitcoin of the network.
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Validators are randomly selected in a way that can be neither predicted nor modified based on the previous round of validations. In addition, validators are periodically shuffled between shards tranzacționare de înaltă frecvență cu bitcoin a way to prevent collusion.
Nodes communicate among one another using modified Boneh-Lynn-Shacham, or BLS, multi-signatures for strong cryptographic protection. It can be traded against fiat currencies such as the U. It can be bought and sold on both spot and derivatives markets. CoinMarketCap has a simple, step-by-step guide to teach you all about crypto and how to buy your first coins.
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