Elrond Network - Becoming a regulated ICO

[hta]

Elrond Initiates Cooperation With Runtime Verification — A Research and Development Company Specializing in Formal Methods

https://runtimeverification.com/

14th of July, 2019 — Elrond — the sharding-based public blockchain network is proud to announce a cooperation agreement with Runtime Verification for research and development in core areas of formal verification methods.
Elrond is using the K Framework, developed by Grigore Rosu while at NASA and the University of Illinois at Urbana Champaign, as the backbone for all of its smart contract languages. Grigore has continued development of K Framework with his team at Runtime Verification which specializes in formal methods. Building on this, Elrond has developed an in-house GO backend to integrate the IELE VM, which is designed by the Runtime Verification team, and constructed entirely on the K Framework. Elrond is also working to integrate KEVM and WASM in a similar fashion. Having the VMs built using the K Framework gives Elrond access to powerful formal verification tools.
The Elrond research and development team will work closely with Runtime Verification to further develop the K framework and its capability to generate correct-by-construction Virtual Machines for the blockchain. Through the research and development initiative between Elrond and Runtime Verification we aim to take smart contracts to the next level, and to make the GO backend developed by Elrond for the K framework, open source and available to the wide public.
Other Runtime Verification contributors or supporters include Ethereum, Algorand, IOHK, Casper, Maker DAO, Gnosis, Toyota and others.

About Elrond

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.
Elrond is built by a team of experienced entrepreneurs along with 13 engineers and researchers with significant blockchain backgrounds and technical experience at Microsoft, Google, Intel, and NTT DATA. The team includes two PhDs in CS & AI, multiple math, CS, and AI Olympiad champions, and a former member of the NEM core team.


About Runtime Verification
Founded by Professor Grigore Rosu, Runtime Verification provides cutting-edge technology to design safe and secure systems and languages based on mathematically-grounded principles. Its technology not only detects the rarest, trickiest and most costly bugs lurking in existing codebases or specifications, but also stimulates the design and development of better programming and specification languages, where such costly bugs cannot exist by design or can be detected cheaply.

Elrond Community Platform: https://community.elrond.com
Twitter: https://twitter.com/elrondnetwork
Official website: www.elrond.com
Elrond Github: https://github.com/ElrondNetwork

[monalia]

This was that coin recently launched in the Binance exchange launchpad right?

But unfortunately they will not make sure in the price and circulation goes to big ends.

[hta]

What is Social Mining

Elrond has no bounty, no airdrop, but Elrond has a Social Mining program.


What is Social Mining?

Social Mining is a concept that helps engage new users, by using all types of social platforms, such as GitHub, Telegram, Twitter, Discord, LinkedIn and many more and leveraging game theory to incentives and create an organic community of skilled long term holders.


How to get started?

To get started you will have to first register with a new account at https://community.elrond.com/

Setting up your account

Your all set up and ready to earn some tokens! To get you started you can follow the on-board tutorial and connect some of your social media accounts to the platform.  To help you get started you can connect your Telegram or twitter on the home page.

Connect your accounts and get verified

To start to become a community member of a crypto currency ecosystem you will have to select a role from the profile section on the platform. To get started click on the profile icon on the top right corner next to the notification bell.
If you have a Reddit or twitter account you can connect those two in the profile section, its important that you select a profile image. If you already have a telegram account we would recommend that you use the same images as the one you have on telegram.

Adding a wallet

Make sure that you add a wallet to which you own the private key to. Do not try to attempt to add a wallet that you do not own.
First you will need to verify that you own the key to the wallet and secondly all rewards will sent to the wallet that you have entered into the system.

KYC/AML Verification
Go through the KYC process on the community platform
You don’t need to complete the KYC process unless you are one of the 260 winners

ELROND's Community platform 101:

The Elrond community platform is a great meritocratic tool through which community members around the globe have an opportunity to accelerate Elrond ecosystem growth and be rewarded for it. We are extremely happy to have reached this point together and we want to make sure we continue on this path.
All activities on the community platform are meant to help us with three complementary goals:
     + to raise awareness about the Elrond technology
     + to educate people about the Elrond ecosystem
     + to speed up development with the help of our community

If you are new to the Elrond community, now is your time to join us by registering on our community platform, connect your social media accounts, share articles and news or start helping our developer team by connecting your GitHub account. Your rewards and reputation will be proportional to your efforts.

Elrond’s official outlets:

Elrond Community Platform: https://community.elrond.com
Twitter: https://twitter.com/elrondnetwork
Official website: www.elrond.com
Elrond Github: https://github.com/ElrondNetwork

[hta]

This was that coin recently launched in the Binance exchange launchpad right?

But unfortunately they will not make sure in the price and circulation goes to big ends.

Guaranteed about the price, I think no project can guarantee.
The project needs time to develop, but such a start has been very good, I think we should at least save an eye under ERD.

[Nimicrypto]

Is this project has the telegram channel to communicate....? 

[hta]

Is this project has the telegram channel to communicate....? 

Yes, of course
https://t.me/ElrondNetwork
https://t.me/elrondTRADER

[ngthnhien]

You can request testnet ERDs via our testnet faucet

+ link: http://testnet.elrond.com/#/wallet

Here’s how it works:

    Create your wallet 🔑

    Press request token 💰

    Enjoy the surprise 🤓

+ Video: https://twitter.com/ElrondNetwork/status/1151039690662973440

Website: https://elrond.com/
Telegram: https://t.me/ElrondNetwork
Tele Ann: https://t.me/ElrondNetworkAnn

[hta]

NEW campaigns: Elrond- explainer : video_camera: video campaign

https://twitter.com/iamdanvoicu/status/1151192836227960833?s=20

Since we opened the community platform we had many campaigns that were both fun and very informative. We want to continue on the same path and provide our community the opportunity to come up with new interesting ways to present Elrond, and to #ERDucate others.

For this campaign we would like to see submissions of Elrond explainer videos. Top videos will be rewarded mainly on accuracy, creativity and overall positive feel about Elrond.

Remember an explainer video should be simple, straight to the point, visually pleasant and rather short. If your grandmother would ask what is Elrond - this is the kind of stuff you’d send her 🙂

Guidelines:
Length - min 1:30 - max 4:00
Use voice or subtitles
Graphics
Soundtracks

Answer these questions in the video
What is Elrond?
What possible problems might it solve?
What are the Elrond tech benefits?
What use cases does it fit?

MUST contain the 3 key components
     [1] Adaptive State Sharding,
     [2] Secure Proof of Stake,
     [3] Meta VM


Resources

One Pager https://elrond.com/files/Elrond_Onepager_EN.jpg
Elrond GitBook docs.elrond.com
Elrond Website https://www.elrond.com technology page + FAQs
Previous campaign resources http://bit.ly/elrond-resources-campaign7

Rewards
    :[rank 1] - 4.0 rep + 4000 points
    :[rank 2] - 3.0 rep + 4000 points
    :[rank 3] - 2.0 rep + 2000 points
    :[4 - 5 - 6 - 7 - 8 - 9 -10] 1.0 rep +1000 points

Once you finish it - upload it on the community platform and tweet it with the tag #ERDucation

Elrond’s official outlets:

Elrond Community Platform: https://community.elrond.com
Twitter: https://twitter.com/elrondnetwork
Official website: www.elrond.com
Elrond Github: https://github.com/ElrondNetwork

[ngthnhien]

Elrond Network Review:
https://www.endofthechain.com/elrond-network-review/
Writer: Samuel McCulloch

The vision of Elrond is to build a decentralized network that is both linearly scalable and requires minimal energy and computational requirements. It’s only now that networks such as Elrond are being designed for this purpose. As money and value transfer transitions to DLT networks, scalability and performance will be the key features for large scale clients. Elrond meets these demands with adaptive state sharding and Secure Proof of Stake (SPOS) consensus method.

Website: https://elrond.com/
Telegram: https://t.me/ElrondNetwork
Tele Ann: https://t.me/ElrondNetworkAnn

[hta]

ElrondNetwork announces its integration of Chainlink oracles into their blockchain!

https://chain.link/

18th July, 2019 — Elrond — the leading sharding-based public blockchain network is proud to announce its integration of Chainlink, the leading oracle service provider.

The Chainlink network provides reliable tamper-proof inputs and outputs for complex smart contracts on any blockchain. Chainlink’s decentralized oracle network offers the same security guarantees as smart contracts themselves. By allowing multiple Chainlinks to evaluate the same data before it becomes a trigger, Chainlink eliminates any one point of failure, and maintains the overall value of a smart contract that is highly secure, reliable, and trustworthy.

Elrond is the first blockchain architecture to integrate smart contracts on a state sharded architecture through an asynchronous and secure scheme. This means any user can call any smart contract, independent of which shard the smart contract and the users account resides. Furthermore, there is no need for atomic locking, yanking or close synchronisation between different shards.

Adding on this, Elrond aims to integrate Chainlink in order to amplify the utility and functionality of its smart contracts by enabling them to securely interact with real-world data feeds. By providing developers with more flexible and sophisticated tools to build on, we aim to take smart contracts to the next level, and transform them into the defacto choice of digital contracts.

Beniamin Mincu — “Through Elrond we have built a highly scalable, secure and efficient blockchain architecture which brings a 1000x improvement in throughput and execution speed. In addition to this, we have also built a new Meta VM providing both security and flexibility to our smart contract developers. By integrating Chainlink, we extend this vision, enabling developers to access real-world data securely and efficiently.”

About Elrond:
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.

Elrond can process and respond with low latency even if there are thousands of applications running on the protocol. Through state-of-the-art optimization techniques, the load is balanced on the shards, and multiple SCs are running on parallel. Further improving horizontal scalability.

Elrond is built by a team of experienced entrepreneurs along with 13 engineers and researchers with significant blockchain backgrounds and technical experience at Microsoft, Google, Intel, and NTT DATA. The team includes two PhDs in CS & AI, multiple math, CS, and AI Olympiad champions, and a former member of the NEM core team. For more information, visit: https://elrond.com

About Chainlink:
Chainlink enables smart contracts to reach their full potential. Smart contracts need to interface with the data feeds, events and widely accepted payment methods that centralized digital agreements already rely on to provide value. By providing the building blocks needed by complex smart contracts in the form of critical inputs and key outputs, Chainlink enables the next generation of smart contracts, which will step beyond tokenization, to become the dominant form of digital agreement.

Learn more by visiting the Chainlink website, Twitter or Telegram. If you’re a developer, visit the developer documentation or join the technical discussion on Discord.


Elrond’s official outlets:

Elrond Community Platform: https://community.elrond.com
Twitter: https://twitter.com/elrondnetwork
Official website: www.elrond.com
Elrond Github: https://github.com/ElrondNetwork

[jvdp]

I was trying to invest on Elrond token when the token was listed on binance launchpad but unfortunately I got the lottery and I did not win at that moment.
I'm really sad voted but after I am seeing this active thread I want to know is there any AirDrop campaign, bounty campaign or something to make work bucks from you guys?
If available please do let me know.

[hta]

I was trying to invest on Elrond token when the token was listed on binance launchpad but unfortunately I got the lottery and I did not win at that moment.
I'm really sad voted but after I am seeing this active thread I want to know is there any AirDrop campaign, bounty campaign or something to make work bucks from you guys?
If available please do let me know.

 community.elrond.com

Dear friends, you join here, if you are in the top 260 active people, you will be rewarded, monthly program.

[hta]

ELRON - whitepaper only a onepager.

For those who did not have time to read the full whitepaper - ERD have prepared a onepager!

https://elrond.com - A scalable value transfer protocol for the digital economy

[ngthnhien]

Picoloresearch: Technical Code review Elrond

Download: https://picoloresearch.com/67/elrond-erd/attachment

Updated with Technical Code Review

Elrond is creating a novel architecture through adaptive state sharding technology and Secure Proof of Stake (SPoS) consensus. This transfer protocol will enable a scalable ecosystem embedded with interconnectivity while maintaining the decentralisation, security and fairness features of a public blockchain. Preliminary test results have reflected an average throughput of 1000x increase as compared to existing solutions that are currently in the market.

Website: https://elrond.com/
Telegram: https://t.me/ElrondNetwork
Tele Ann: https://t.me/ElrondNetworkAnn

[Nellayar]

Does the airdrop of elrond done already? I want to participate with you airdrop but there are many things needed to be filled up. Anyway, it is not important since we are talking here is the project development. That is nice to see how elrond grows. And I am happy that binance will make this a profitable coin. Hopefully, the price will rise up 10x its current price soon. More power elrond team!

[hta]

Does the airdrop of elrond done already? I want to participate with you airdrop but there are many things needed to be filled up. Anyway, it is not important since we are talking here is the project development. That is nice to see how elrond grows. And I am happy that binance will make this a profitable coin. Hopefully, the price will rise up 10x its current price soon. More power elrond team!

There is no airdrop, you can participate in community development, if you get into the top 260 people will be rewarded, but the competition is very high. Today, there are 4173 participants, and about 20% of them are active to compete in the top 260, the competition is fierce. In my opinion, the August award for people ranked 260 token worth 10 USD, the 1st person token is worth about 400 usd.

[hta]

Elrond - Connecting to the testnet tutorial

Connecting to the testnet: In order to join the network as an observer or as a validator, the required steps are explained below:

Run a node: https://youtu.be/3VAvCcu_y64
Written guide https://docs.elrond.com/start-a-validator-node/start-the-network

On the Elrond network, running a validator/observer node is possible on a consumer grade PC / laptop:
Minimum specs are:
Dual Core CPU
4GB RAM
200 GB HDD space
Broadband Internet connection *
Windows, Linux or MacOS operating systems


Also here’s  working with in terms of staking

This is a shared image of Lucian Todea:  https://www.dropbox.com/s/shywj154gictfm9/Screenshot%202019-03-27%2014.18.19.png?dl=0


Elrond’s official outlets:

Elrond Community Platform: https://community.elrond.com
Twitter: https://twitter.com/elrondnetwork
Official website: www.elrond.com
Elrond Github: https://github.com/ElrondNetwork

[ngthnhien]

Comparable in throughput as to centralized counterparts.

Elrond 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.

Blockchain tech holds the key to greatly improving the data and value transfer that takes place between IoT devices, and ElrondNetwork is the blockchain that has the throughput capacity needed to support the massive volume of interactions that takes place between IoT devices.

Website: https://elrond.com/
Telegram: https://t.me/ElrondNetwork
Tele Ann: https://t.me/ElrondNetworkAnn

[hta]

In Seoul and interested in PoS protocols and Validators? Come join @ElrondNetwork tomorrow

https://www.eventbrite.com/e/proof-of-stake-protocols-validators-tickets-66289998169

Date And Time: Wed, July 24, 2019
5:00 PM – 7:30 PM KST

Location: 45-9 Bongeunsa-ro 22-gil, Yeoksam-dong, Gangnam-gu
Seoul 135-080
Korea, Republic of

Speakers:

Beniamin Mincu - Founder & CEO of Elrond (https://elrond.com/)

Backed by Binance Labs & latest Binance Launchpad project, Elrond is a new blockchain architecture, designed from scratch to bring a 1000x improvement in throughput and execution speed based two key elements: Adaptive State Sharding and Secure Proof of Stake. Elrond can process >10,000 TPS with 5sec latency and negligible cost, all running in the open source testnet right now.

Elrond’s official outlets:

Elrond Community Platform: https://community.elrond.com
Twitter: https://twitter.com/elrondnetwork
Official website: www.elrond.com
Elrond Github: https://github.com/ElrondNetwork

[ngthnhien]

AMA @ElrondNetwork  CEO

Join us on July 26th 🗓  at 3PM⌚️ UTC for an AMA ElrondNetwork CEO, beniaminmincu  in the Binance English Telegram group. There will be a $5,000 Airdrop of $ERD so don't miss out!

Prepare your questions and get involved here (link: https://t.me/binanceexchange) t.me/binanceexchange

About Elrond:
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.

Website: https://elrond.com/
Telegram: https://t.me/ElrondNetwork
Tele Ann: https://t.me/ElrondNetworkAnn