Bitcoin Forum
September 30, 2020, 03:52:59 PM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 7 8 9 »  All
  Print  
Author Topic: 🔥🔥🔥 [ANN] Elrond - Sharded layer one protocol with near instant TX speed  (Read 3922 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (5 posts by 4 users deleted.)
Elrond
Copper Member
Newbie
*
Offline Offline

Activity: 6
Merit: 23


View Profile
August 07, 2019, 12:09:42 PM
Last edit: June 21, 2020, 05:34:35 AM by Lauda
Merited by Lauda (20), dragonvslinux (1)
 #1






what is




value




key





roadmap




token model




partners



         

         

         

         

         

         

   





investors



      

   





exchange



      

   





team



socials



1601481179
Hero Member
*
Offline Offline

Posts: 1601481179

View Profile Personal Message (Offline)

Ignore
1601481179
Reply with quote  #2

1601481179
Report to moderator
1601481179
Hero Member
*
Offline Offline

Posts: 1601481179

View Profile Personal Message (Offline)

Ignore
1601481179
Reply with quote  #2

1601481179
Report to moderator
1601481179
Hero Member
*
Offline Offline

Posts: 1601481179

View Profile Personal Message (Offline)

Ignore
1601481179
Reply with quote  #2

1601481179
Report to moderator
AWARD-WINNING
CASINO
CRYPTO EXCLUSIVE
CLUBHOUSE
1500+
GAMES
2 MIN
CASH-OUTS
24/7
SUPPORT
100s OF
FREE SPINS
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
JumJumJum
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
August 07, 2019, 03:50:06 PM
 #2

Wow! My eyes love these slides with moving elements! Great design!
Actually I follow Elrond quite a while and let me tell you this!

Elrond team is raising the benchmark for what defines fast, effective, secure and decentralized blockchain. Their testnet is live, everyone can try their wallet or set up a node. Smart contract platform is being developed in fast pace. Every week I read their progress reports and wonder how it can be done so fast! Partnerships look very meaningful and I hope to see their fruits soon! Elrond seems to me most progressive and successful startup this year!
NewsCrypto
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
August 07, 2019, 09:03:47 PM
 #3

I'm watching the progress of this wonderful project since the early days and I have to say that it is one of the best decisions I have ever taken since I got interested in the blockchain technology!
It's not often that you can find a project that not only aims to reach new heights (technology-wise), but also has the skills to do it and it delivers at a constant pace!
Elrond Network continues to amaze me and, even if it came a long way already, the road ahead looks more promising than ever!
I can't wait for you guys to launch the Mainnet and show the whole world the real potential of the blockchain technology!

hta
Jr. Member
*
Offline Offline

Activity: 261
Merit: 6

A happy family is but an earlier heaven!


View Profile
August 08, 2019, 12:21:44 PM
 #4


ELROND - 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 (10k tx/sec - minimal latency - negligible fees)



LEARN FROM YESTERDAY, LIVE FOR TODAY, HOPE FOR TOMORROW. THE IMPORTANT IS NOT TO STOP QUESTIONING (ALBERT EINSTEIN)
robro
Newbie
*
Offline Offline

Activity: 106
Merit: 0


View Profile WWW
August 09, 2019, 10:36:26 AM
 #5

Relentless in progress. Team has been around for long time, technology is sound and the vetting got on Binance just shows this is truly valuable.

Reading about economics, team tokens are blocked for 3.5 years - this also shows this is for long term.

Great stuff overall. Thanks for the very well presented ANN.
JumJumJum
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
August 09, 2019, 03:49:28 PM
 #6

Roadmap is very tight, a lot to do! In Q4 dApp store will be opened. Does it mean some Hackatons will be organised for dApp developers? I think developers will be more than happy to develop dApps and run them on developer friendly blockchain which will easily handle every dApps  highest requirements for thoroughput!
hta
Jr. Member
*
Offline Offline

Activity: 261
Merit: 6

A happy family is but an earlier heaven!


View Profile
August 09, 2019, 04:08:43 PM
Last edit: August 09, 2019, 04:30:20 PM by hta
 #7

Let’s recap.

"Gartner forecasts that blockchain will generate an annual business value of more than US $3 trillion by 2030. It’s possible to imagine that 10% to 20% of global economic infrastructure will be running on blockchain-based systems by that same year.

This is still 2019 and Elrond is making significant steps in making sure the future is ours. One step at a time, Elrond has been focused on enhancing usability, adoption and to amplify outreach. This newsletter offers a summary of our recent developments.


+ Elrond’s first validator economics proposal is now published

+ Paradigm Fund released a full review on Elrond

+ Elrond partners up with Xangle.io

+ Ask Me Anything session on Binance’s largest community.

+ Seoul and London meetups.





https://ELROND.com - A scalable value transfer protocol for the digital economy (10k tx/sec - minimal latency - negligible fees)


LEARN FROM YESTERDAY, LIVE FOR TODAY, HOPE FOR TOMORROW. THE IMPORTANT IS NOT TO STOP QUESTIONING (ALBERT EINSTEIN)
JumJumJum
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
August 09, 2019, 04:37:39 PM
 #8

I am very interested in Elrond and typingDNA partnership! I tried typingDNA demo and I was excited! Will be great to authenticate in wallet or data storage or any Elrond service by typing some peace of text! Lovely!
ngthnhien
Jr. Member
*
Offline Offline

Activity: 52
Merit: 4

Have health have hope - have hope, have everything


View Profile
August 09, 2019, 04:49:21 PM
 #9

Erond Network in Comparison.



ElrondNetwork: Leading Blockchain




https://Elrond.com - Blazing fast, highly scalable blockchain



Have health have hope - have hope, have everything
hta
Jr. Member
*
Offline Offline

Activity: 261
Merit: 6

A happy family is but an earlier heaven!


View Profile
August 10, 2019, 03:25:35 AM
Last edit: August 12, 2019, 04:03:47 AM by hta
 #10

THIS WEEK IN ELROND: https://twitter.com/iulian_pascalau/status/1159854177931137024?s=20


1/ 1/ VM factory. Elrond does not limit itself to only one VM, we can have as many as we want. More VMs, more languages, more tools, easier to develop the new best dApps.
2/ Technical analysis for the next VM/language which will be integrated besides IELE. More info next week, when the integration is finished.
3/ Nodes Coordinator implementation in preparation for rewards and rating management.
4/ IELE VM is further optimized, by implementing left hand side tree verification on the generated K rules. When finished, this will bring important processing optimizations.
5/ Wrapped the node's REST API with pprof routes to allow us to remotely monitor the resources used and find possible memory or goroutine leaks.
6/ Bugfix / feature add gaslimit per miniblocks.
7/ A termui-based console implementation for a better interaction with the node.
8/ Improved components documentation and requirements.
9/ Integration tests improvements.


https://ELROND.com - A scalable value transfer protocol for the digital economy (10k tx/sec - minimal latency - negligible fees)


LEARN FROM YESTERDAY, LIVE FOR TODAY, HOPE FOR TOMORROW. THE IMPORTANT IS NOT TO STOP QUESTIONING (ALBERT EINSTEIN)
Devotionless
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
August 10, 2019, 03:50:09 AM
 #11

Is the sharding tech already implemented?
cattuong01vn
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
August 10, 2019, 03:33:05 PM
 #12

THIS WEEK IN ELROND: https://twitter.com/iulian_pascalau/status/1159854177931137024?s=20


1/ VM factory. Elrond does not limit itself to only one VM, we can have as many as we want. More VMs, more languages, more tools, easier to develop the new best dApps.
2/ Technical analysis for the next VM/language which will be integrated besides IELE. More info next week, when the integration is finished.
3/ Nodes Coordinator implementation in preparation for rewards and rating management.
4/ IELE VM is further optimized, by implementing left hand side tree verification on the generated K rules. When finished, this will bring important processing optimizations.
5/ Wrapped the node's REST API with pprof routes to allow us to remotely monitor the resources used and find possible memory or goroutine leaks.
6/ Bugfix / feature add gaslimit per miniblocks and developed a termui-based console implementation for a better interaction with the node.
7/ Improved components documentation and requirements, done polished integration tests.


https://ELROND.com - A scalable value transfer protocol for the digital economy (10k tx/sec - minimal latency - negligible fees)


One week of their hard work, I believe they will succeed if they are still on the right track. Hard work will bring sweet fruits of most powerful blockchain!
JumJumJum
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
August 10, 2019, 06:10:12 PM
 #13

Want to know why we need new sharding blockchain when there already is Zilliqa? watch this:

https://www.captiongenerator.com/1472352/At-Zllqa-core-devs-meeting-
xtester
Hero Member
*****
Offline Offline

Activity: 840
Merit: 500


Risk taker & Black Swan farmer.


View Profile
August 11, 2019, 02:08:45 PM
Last edit: June 02, 2020, 10:31:54 PM by Welsh
 #14

Want to know why we need new sharding blockchain when there already is Zilliqa? watch this:

https://www.captiongenerator.com/1472352/At-Zllqa-core-devs-meeting-

Here is a detailed explanation of differences between Zilliqa and Elrond:

Elrond does horizontal scaling with State Sharding, while Zilliqa only does network and transaction sharding.

Zilliqa tries to solve scalability by addressing half of the problem, and that is by doing network and transaction sharding - so it improves somewhat the scalability and the network can process about 2500 TPS (2828 TPS with 3600 nodes). The network sharding is not optimal however as all the shards still need to synchronize the entire state of the system leading to communication overhead. It does not solve the hardest part of the problem which is state sharding.

Having no State Sharding basically means for Zilliqa that every node in the network has to store the entire state of the blockchain. In very high throughput blockchains the storage requirements grow very fast. A validator needs some special hardware to keep up with this kind of demand. Elrond solves the storage problems, by also sharding state, so that every node in the network has to store just a part of the entire state, the one corresponding for its shard.

Zilliqa still uses PoW in order to prevent Sybil attacks, while Elrond uses PoS, a much more energy-efficient way to prevent Sybil attacks. Ziliqa PoW validator is required to have special hardware to run a node and it only runs in Ubuntu OS. Elrond validator has low system requirements and runs on Windows, Linux and Mac as well.

Zilliqa stores all the Smart Contracts in a single shard, while Elrond will distribute Smart Contracts among all shards in order to be able to parallelize Smart Contract execution.

More comparisons can be found here:
https://docs.elrond.com/detalied-comparative-analysis/elrond-vs.-zilliqa


Is the sharding tech already implemented?

Yes, you can check the testnet running live and exceeding 10k TPS with only 5 shards: testnet.elrond.com





Mod note: merged multiple posts in a row into one
template
Hero Member
*****
Offline Offline

Activity: 1091
Merit: 500


View Profile WWW
August 11, 2019, 03:25:23 PM
 #15

What time desktop wallet is ready?

hta
Jr. Member
*
Offline Offline

Activity: 261
Merit: 6

A happy family is but an earlier heaven!


View Profile
August 12, 2019, 03:53:20 AM
Last edit: April 01, 2020, 07:54:47 PM by mprep
 #16

Elrond: High-throughput public blockchain with Adaptive State Sharding - (by Paradigm fund)

+ HERE: Full review on Elrond Network

Summary
To sum up, Elrond looks like a very promising project. It has a working (in a testing environment) solution for scalability problems, and that could really disrupt the market if the same result will be seen on the mainnet. Unlike most of its competitors Elrond supports a lot of programming languages, the smart contract languages are formally defined in K Framework, it is possible to perform formal verification of smart contracts written in these languages.
Elrond is a kind of “all-rounder” type of project, it can be considered Layer 1, Layer 2, and Interoperability project. It is both a strength and weakness: Elrond has a lot of potential use-cases and can choose it’s focus further down the line, but at the same time there is a risk of becoming “Jack of all trades, master of none”.
Elrond has a lot of competitors and they have been in the game for a longer time, so Elrond will have to act quickly and try to launch a marketing campaign that will be able to attract anchor clients and core users. Right now it is hard to compete with Elrond tech-wise, but their next challenge and opportunity will focus on how they will attract users and developers.

Competitors: https://docs.elrond.com/detalied-comparative-analysis/elrond-vs.-ethereum-serenity
Elrond marks Ethereum (2.0), Zilliqa, Dfinity, Algorand, Harmony, Quarkchain and Multivac as their competitors and they have written a detailed comparison to each of the aforementioned companies.
If I were to outline the main differences between those companies and Elrond they would be as follows:
    1- Consensus mechanism — SPoS, this novel consensus is much more efficient than PoS or HPoW;
    2- Sharding — not all of the competitors even use sharding, but those who use lack wholesome approach, Elrond’s adaptive state sharding is the state of the art;
    3- Cross-shard operations — there is a larger overhead in communication compared to the Elrond architecture;
    4- The finality of the cross-shard transactions is much shorter in Elrond.



https://ELROND.com - A scalable value transfer protocol for the digital economy (10k tx/sec - minimal latency - negligible fees)





What time desktop wallet is ready?

Look here, you will know

LEARN FROM YESTERDAY, LIVE FOR TODAY, HOPE FOR TOMORROW. THE IMPORTANT IS NOT TO STOP QUESTIONING (ALBERT EINSTEIN)
JumJumJum
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
August 12, 2019, 07:17:36 AM
 #17

Why we do not see real adoption of blockchain technology in businesses? It is relatively new technology and there still are a lot of unsolved issues. Big enterprises like Apple, IBM, Microsoft, Google are researching this technology and trying to implement it. But there was no public blockchain yet which would bring necessary speed, scalability, security without sacrificing decentralisation.

But with Elrond's Adaptive State Sharding and SPoS it becomes possible! Elrond is working day and night to launch their mainnet in Q4 and then potential enterprise users will have opportunity to try it and see that this blockchain brings long awaited efficiency!
template
Hero Member
*****
Offline Offline

Activity: 1091
Merit: 500


View Profile WWW
August 12, 2019, 08:32:49 AM
Last edit: April 01, 2020, 07:54:50 PM by mprep
 #18

What time desktop wallet is ready?

Look here, you will know

Thanks, Where is download link?



Please list in other exchangers, binance in the future wants remove us customers in .com

DrDelphi
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
August 12, 2019, 08:43:39 AM
 #19

For the moment, ERD is a BEP-2 token and is considered a security in US. Once the mainnet will be launched in Q4, things will change.
template
Hero Member
*****
Offline Offline

Activity: 1091
Merit: 500


View Profile WWW
August 12, 2019, 03:27:44 PM
 #20

For the moment, ERD is a BEP-2 token and is considered a security in US. Once the mainnet will be launched in Q4, things will change.

So we can only store in binance?

Pages: [1] 2 3 4 5 6 7 8 9 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!