Wave 3 Elrond Social Mining Campaign (share from 10,000,000 ERD): Listed

12,000,000 ERD rewarded so far! Be part of wave 3 with higher reward than the previous one. Associate with a project that have real value and solving the problem of blockchain public infrastructure. Listed on Binance, Binance DEX, BitMax, Dcoin and Bilaxy with BTC, USDT, USDC, BNB and ETH pairs. More exchanges are on the pipelines for last quarter of this year.

A scalable value transfer protocol for the digital economy

.10k tx/sec .minimal latency .negligible fees

ADAPTIVE STATE SHARDING

Comparable in throughput as to centralized counterparts.

Their architecture goes beyond state of the art and can be seen as an augmentation of the existing models, improving the performance while focusing to achieve a better nash equilibrium state between security, scalability and decentralization.

SECURE PROOF OF STAKE

Minimal energy and computational requirements.

Elrond eliminates the need for intensive PoW consensus algorithms and proposes a novel and more robust Secure Proof of Stake consensus, enhancing intra-shard communication and pruning the blockchain state to the most essential.

DECENTRALIZED

Increased security due to the randomly selected block proposer.

Elrond introduces an improvement which adds security and reduces latency, allowing each node in the shard to determine the members of the consensus group (block proposer and validators) at the beginning of a round. This is possible because the last block’s aggregated signature is used as the randomization factor.

COMMUNICATION

Decentralizing cross-blockchain operations.

The Elrond Virtual Machine’s implementation will hide the underlying architecture isolating the smart contract developers from system internals ensuring a proper abstraction layer. In Elrond, cross chain interoperability can be implemented by using an adapter mechanism at the Virtual Machine level. This approach requires specialized adapters for each chain that is non EVM compatible and wants to operate with Elrond.

Elrond “Zero to One” Testnet

The Elrond testnet has low system requirements and can run on anything from an ordinary computer to T2 medium AWS machines. This iteration consists of static state sharding, secure proof of stake consensus, Schnorr signature for transactions, BLS signatures for random seed generation, and modified BLS multisig for blocksigning.

Metrics that are being monitored to check improvement of the network include: latency, bandwidth limitations, running each validator node on a separate machine with very limited compute power (average dual-core CPU with 4Gb of memory), in different geographic locations.

Key stats for the current testnet are as follows:

Join the ongoing social mining campign and be rewarded bountifully. I am yet to identify any project that give back to community as Elrond does. just be social and increase your reputation by following the steps below. You can earn over 100,000 ERD as shown in item 6 below as evidence.

7. You can invite others and gain more points by clicking on the referral menu form your dashboard after registration.

more infomation at: https://elrond.com/

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