Source: EGLDUSD Chart by TradingView
Elrond is a distributed transactional computation protocol which relies on a sharded state architecture and a secure Proof of Stake consensus mechanism.
The Elrond eGold (EGLD) is the native Mainnet token, replacing the ERD ERC20 and BEP2 tokens. It will be used for everything from staking, governance, transactions, smart contracts and validator rewards.
Elrond’s goal is to be a high throughput, fast transaction speed and low transaction cost platform, allowing efficient and competitive dApp user experiences in real world use cases.
Suspected exploit shuts down Elrond’s Maiar DEX
Elrond has yet to confirm foul play, but devs have identified the problem and deployed a fix.
Elrond acquires payments provider Utrust in a bid to bring crypto to millions of merchants
Acqiring Utrust will enable Elrond to offer an innovative product called "Merchant Yield."
Binance Labs launches $500M fund to back Web3 projects
The new fund will invest in startups in the incubation, early and late stages of development that can boost cryptocurrency adoption.
5 things to consider when evaluating a new blockchain
A blockchain is a network that supports various types of application development such as DeFi.
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