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EGLD delivering more than promised?
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Topic: EGLD delivering more than promised? (Read 81 times)
ijeb
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Activity: 728
Merit: 10
EGLD delivering more than promised?
April 18, 2021, 12:32:31 AM
Last edit: April 18, 2021, 12:59:06 AM by ijeb
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tyz
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#1
It's fast it's cheap and it's scalable.
As a blockchain protocol that can run extremely fast transactions by using sharding the project itself is becoming a technology ecosystem more like for Fintech and IoT. The testing done showed a number of 15 000 transactions per second, 6 seconds latency at very low cost fees.
Since mainnet went live in July 2020 they really delivered the promises and not long ago the first DAPP build on Elrond blockchain was announced. Maiar Decentralized Exchange is about to go live on 30 April for a web version and its native token MEX will be fairly distributed among EGLD Stakers and Holders (available only for Maiar Wallet and Elrond wallet). Also with that the team is publishing info and news about Maiar Launchpad that will support other projects to build up and run on top of Elrond blockchain.
So I think that the guys are smart for good and the promised instances were strictly followed with much more brought to the crypto space table.
Looking into prices EGLD did well hitting ATH constantly and the inhouse fundamental analysis is showing a movement to $450 for 2021 and $2800 for 2025.
What do you guys think about the upcoming events and the project overall?
Your honest opinions will be really valuable for me!
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