We’re excited to announce that Elrond will be listing its native blockchain currency eGold on Liquid. This collaboration will bring together the vast coverage of Liquid’s fiat onramps and the token with perhaps the most robust & sustainable economic model, and will further accelerate onboarding new users onto what is set to become the backbone of a permissionless, borderless, globally accessible internet economy.
Elrond is a technology ecosystem for the new internet. Its smart contracts execution platform is capable of 15,000 TPS, 6s latency and $0.001 tx cost, focused on fintech, DeFi and IoT. The Elrond Proof of Stake economic model has a limited supply; its token is named eGold to convey the notion of digital store of value to the next billion users.
The team is close to releasing their money & DeFi app Maiar, which offers an intuitive first-time experience with blockchain, offering progressive security and a gamified approach to unlocking more useful features. With a growing ecosystem of partners including Samsung and 60+ other companies, a live mainnet with 2169 validator nodes, and consistent presence amongst the top 10 crypto projects when measured by development, Elrond is set to become the critical infrastructure supporting businesses that operate at internet-scale.
Find out more about the most advanced Layer 1 blockchain by engaging with Elrond on your favorite channel: https://linktr.ee/Elrond
EGLD is now available for instant purchase via trading or on Liquid Buy and Swap, where Visa cards are accepted globally. The trading pairs Liquid supports for eGold include: EGLD/USDT, EGLD/BTC.
Elrond is a new blockchain architecture, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism.
Thus, Elrond can process upwards of 10,000 transactions per second (TPS), with 5-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy. Learn more about Elrond on their official website: https://elrond.com