Elrond (EGLD) is a cryptocurrency token that powers the Elrond Network, a decentralized, scalable, and secure blockchain platform.$EGLD
Key Features:
- Sharding technology for scalability
- Adaptive state sharding
- Secure proof-of-stake (SPoS) consensus
- Smart contract support
Token Information:
- Circulating supply: 20,395,959 EGLD
- Total supply: 31,415,926 EGLD
- Market capitalization: $1.5 billion
Use Cases:
- Decentralized finance (DeFi)
- Gaming
- Social media
- E-commerce
Partnerships:
- Binance
- Huobi
- Coinbase
- Samsung
EGLD Benefits:
- High scalability (up to 1,000 tx/s)
- Low latency (6 seconds)
- Low fees
- Secure and decentralized
Availability:
- Listed on cryptocurrency exchanges like Binance, Huobi, and Coinbase.
Additional resources:
- Website: (link unavailable)
- Whitepaper: (link unavailable)
- Twitter: @ElrondNetwork
Elrond Network aims to provide a scalable and secure infrastructure for decentralized applications.
Other notable scalable blockchain platforms include:
- Polkadot (DOT)
- Solana (SOL)
- Cosmos (ATOM)
- Near Protocol (NEAR)
EGLD Token Utility:
- Payment for transactions
- Staking rewards
- Governance and voting
- Smart contract execution
EGLD token price can be volatile; consider research before investing.
Some popular Elrond Network-based projects include:
- Maiar (wallet and payment app)
- Elrond DeFi
- Elrond Gaming
- Elrond NFT
Would you like to know more about Elrond's potential use cases or its position in the blockchain space?