Elrond eGold

Overview of Elrond eGold

Elrond eGold (EGLD), the fast-rising token at the time of writing this report, traded at around $180 after an impressive bullish rally from around $30 this January.

Elrond eGold or EGLD is the official token of the platform.

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Can I claim my delegation rewards?

Yes, use the “Claim now” button in the wallet.All the available eGold will be sent to you immediately.You can repeat the process every 24 hours, after the distribution of the staking rewards each epoch.You can choose to delegate the rewards in the Waiting List at any time.

Can I delegate more than once from the same wallet?

Yes, you can.Each delegation will be considered for the rewards calculation based on the amount and time of sending.

Can I withdraw my previously delegated amounts?

Yes, you can.If and when you decide to withdraw, the 10 days waiting period for unbonding will apply.

Did you know?

Elrond is loaded with Lord of the Rings references, like Arwen (its virtual machine for smart contract development and Maiar (its payments app).

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Elrond : Quels objectifs à moyen terme ?

Concurrent principal d’Ethereum sur les concepts de la DeFi ou sur la facilitation des transactions en cryptomonnaies, Elrond pourrait continuer à croitre dans les mois ou les années à venir.D’autant plus, le temps qu’Ethereum ne sorte sa version 2.0 et ne règle ses problèmes de saturation du réseau.

Elrond Price Prediction: Will EGLD Price Hit $500 by 2021?

Elrond is an eminent cryptocurrency project which is a highly scalable, fast, and secure blockchain platform for distributed applications.It relatively has a fast execution speed compared to other smart contracts platforms.

Faut il investir dans EGLD ?

Difficile de répondre à cette question.Le token semble en tous les cas sur une pente clairement ascendante depuis quelques semaines.Dans tous les cas, force est de constater que Elrond travaille très activement au développement de sa solution.Voici quelques points sur lesquels Elrond pourrait surfer à moyen terme.

How can I delegate into the Waiting List?

Go to https://wallet.elrond.com and click on the “Delegate” section in the left.An intuitive interface will help you to delegate into the Waiting List, claim Active Delegation rewards and withdraw from Active Delegation.

How does Elrond work?

Sharding is a technique that breaks data down into smaller pieces and distributes them across multiple chunks of the network, or shards, each comprising a number of nodes that process transactions.

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 integrity of the network.

How is the Price of Elrond eGold Determined?

When you sell or buy EGLD with Swyftx, the price listed on the trading platform is set at the price of the last trade that took place, meaning the latest price a buyer and seller agreed to exchange at (on a global level).Swyftx doesn’t charge any artificial spreads when you sell or buy Elrond eGold which means you’ll always get the best prices with the lowest fees on our Exchange.

How Many Elrond (EGLD) Coins Are There in Circulation?

The Elrond economic model has a limited supply that starts at 20,000,000 EGLD, with new tokens minted to reward network validators.The maximum supply can never exceed 31,415,926 EGLD, but this number will decrease as more transactions are processed.

Is Elrond a Good Investment?

On paper, Elrond is a much better solution for a smart contract enabled blockchain than Ethereum.It’s cheaper to use and magnitudes more scalable.

Is there a waiting time for withdrawing from the delegation waiting list?

No, you can withdraw whenever.Once your delegation is upgraded from the Waiting List to Active delegation, the 10 days unbonding period will apply from that point forward.

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Qu’est-ce que Elrond ?

Elrond se défini comme une plateforme blockchain hautement évolutive, rapide et sécurisée pour les applications distribuées, et la nouvelle économie d’internet.

What amount of eGold can I delegate?

There is a minimum of 10 eGold and no maximum.

What are the Waiting List rewards and how are they distributed?

4,000 eGold is distributed each week to all participants, proportional to the amount staked and time spent in the queue, up to 20% APR per participant.

What can you do with Elrond?

Elrond is designed to be the backbone of decentralized apps, whether it’s related to finance or other needs.Extensive scalability means that it can handle significant growth, with sharding used to maintain the pace of transactions even as demands increase.

What if you could take back time?

Here's a video to learn more about Maiar.

What is eGold?

eGold (EGLD) is the native cryptocurrency used on Elrond’s platform.When the platform launched, the cryptocurrency was an ERC-20 token built on Ethereum.

What Is Elrond (EGLD)?

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.Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.

What is Elrond?

Elrond is a super-fast, highly secure, and scalable blockchain that helps businesses and individuals benefit from the “new internet economy”.Used by businesses worldwide, Elrond is providing a simple path to the new digital financial landscape.The Elrond blockchain is up to 1,000 times faster than many competing blockchains.Furthermore, the scope for scalability is unprecedented.

What is Elrond?

Elrond is a smart contract enabled blockchain network.Smart contracts are code that is uploaded to the blockchain.

What is Elrond?

The Elrond Network is a public blockchain created to provide high-level scalability, interoperability, and high throughput.The goal is to create a decentralized network that can provide the same or better performance when compared with centralized networks, while also providing users with greater privacy.

What is Elrond?

Elrond is a highly scalable blockchain network powered by a Proof of Stake and adaptive sharding mechanism.The network’s main aim is to eradicate some drawbacks found in earlier blockchain projects like full decentralization, cross-chain interoperability, robust security, and high scalability.

What is Elrond?

Elrond is a distributed transactional computation protocol which relies on a sharded state architecture and a secure Proof of Stake consensus mechanism.

What is Elrond?

Elrond is a blockchain designed for immense scalability and significant transaction throughput thanks to its adaptive state sharding system, which enables transactions to be handled rapidly by multiple validators.

What is Elrond?

Elrond defines itself as “a highly scalable, fast and secure blockchain platform for distributed apps, enterprise use cases and the new internet economy” (Elrond.com).In other words, Elrond is a blockchain protocol that aims to provide extremely fast transaction speeds by using sharding.This includes fintech, DeFi, and the Internet of Things.The unique thing about Elrond and its main selling point is its high scalability.Elrond says that it is the “first blockchain network in which state, network and transaction sharding have all been implemented.According to its economics paper, it seeks to build up its ecosystem and establish EGLD as a store-of-value asset.” (Coinmarketcap).Elrond’s native token, eGold, also known as EGLD, is used for paying network fees, staking, and rewarding validators.The native token went live in July of 2020, opening a new phase of growth for the Elrond community.Similar to gold, EGLD is designed to optimize parameters that offer themselves to create a strong store of value.However, EGLD was built to include mechanics and functionality that exceed those of gold.This new economics model was defined to position EGLD as Elrond’s core network token, an essential component to Elrond’s foundation and internal usage.

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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.According to its economics paper, it seeks to build up its ecosystem and establish EGLD as a store-of-value asset.

What’s so special about Elrond?

Elrond’s creators suggest that the technology is to previous blockchains what broadband was to dial-up connections, enabling dramatically greater bandwidth to handle higher volumes of transactions and more demanding decentralized apps.While targeted at dapp developers, Elrond also aims to be a more consumer-friendly blockchain platform, as first demonstrated via its Maiar payments app.

When can I delegate in the Waiting List?

You can delegate at any time.Each delegation will be considered for the rewards calculation based on the amount and time of sending.

Where Can You Buy Elrond (EGLD)?

EGLD can be purchased on cryptocurrency exchanges such as Binance, OKEx, Bitfinex and BitMax.It can be traded against fiat currencies such as the U.S.dollar and Indonesian rupiah, cryptocurrencies such as Bitcoin (BTC) and Binance Coin (BNB), and stablecoins such as Tether (USDT) and Binance USD (BUSD).It can be bought and sold on both spot and derivatives markets.

Who Are the Founders of Elrond?

Elrond was co-founded in late 2017 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.

Why stake on Elrond?

Genesis staking is the final phase leading to the Elrond Mainnet launch.Thus all Elrond eGold (EGLD) holders are incentivized to support the Elrond network and mainnet launch, by locking their EGLD into a smart contract, contributing to reach the necessary economic security threshold, and earning rewards while delegating or running a validator node.

Why Use Swyftx to Buy Elrond eGold?

Swyftx offers some of the lowest fees and spreads available on the market when you sell and buy Elrond eGold in Australia.Using the mobile app, you can buy Elrond eGold and 230+ other digital currencies on the go, set stop and limit buy and sell orders, set recurring orders, access customer support and learn to trade using demo mode.

History of Elrond eGold