🔥🔥🔥 [ANN] Elrond - Sharded layer one protocol with near instant TX speed

[Dalib]

Visualizing Hypergrowth: Key Metrics Toward Wide-Scale Adoption

The rigorous design and technical innovations on which Elrond was built have brought to life a high bandwidth, low latency and inexpensive global blockchain network. A blockchain designed to operate at internet-scale speeds and costs opens a fundamentally new solution space for the internet of money.

Link: https://elrond.com/blog/visualizing-hypergrowth-toward-wide-scale-adoption/

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[joae1975]

The only problem I have with this token is the idea of locking up your coins for a set amount of days.  You can't move them, then the price crashes and you want to sell, you're screwed.  Seems like a convenient way to get people locked up for an exit scheme.  I've seen lots of elaborate scams in crypto.  This could be a big one.  Correct me if I'm wrong.

[freigeist]

The only problem I have with this token is the idea of locking up your coins for a set amount of days.  You can't move them, then the price crashes and you want to sell, you're screwed.  Seems like a convenient way to get people locked up for an exit scheme.  I've seen lots of elaborate scams in crypto.  This could be a big one.  Correct me if I'm wrong.

What do you mean?
Is it mandatory to lock your coins or is this locking
required only when you want to stake the coins?

[joae1975]

The only problem I have with this token is the idea of locking up your coins for a set amount of days.  You can't move them, then the price crashes and you want to sell, you're screwed.  Seems like a convenient way to get people locked up for an exit scheme.  I've seen lots of elaborate scams in crypto.  This could be a big one.  Correct me if I'm wrong.

What do you mean?
Is it mandatory to lock your coins or is this locking
required only when you want to stake the coins?

I’m pretty sure they’re locked when you delegate or stake them.  Other staking coins like PIVX  they’re not locked.  Seems kind of shady

[Dalib]

The only problem I have with this token is the idea of locking up your coins for a set amount of days.  You can't move them, then the price crashes and you want to sell, you're screwed.  Seems like a convenient way to get people locked up for an exit scheme.  I've seen lots of elaborate scams in crypto.  This could be a big one.  Correct me if I'm wrong.

You can check history “ IEO on Binance Launchpad; IEO Token Price - $0,00065; IEO Hard Cap - $3,250,000”
Currently, ERD token price $0.026, 0.00006096 ETH, 0.0000023 BTC
Returns since ICO
40x
USD
26.73x
ETH
37.15x
BTC
More details: https://icodrops.com/elrond-network/

[joae1975]

The only problem I have with this token is the idea of locking up your coins for a set amount of days.  You can't move them, then the price crashes and you want to sell, you're screwed.  Seems like a convenient way to get people locked up for an exit scheme.  I've seen lots of elaborate scams in crypto.  This could be a big one.  Correct me if I'm wrong.

You can check history “ IEO on Binance Launchpad; IEO Token Price - $0,00065; IEO Hard Cap - $3,250,000”
Currently, ERD token price $0.026, 0.00006096 ETH, 0.0000023 BTC
Returns since ICO
40x
USD
26.73x
ETH
37.15x
BTC
More details: https://icodrops.com/elrond-network/

You said nothing there that remotely answered any of my questions/concerns.  Just more pump mentality.

[Dalib]

The only problem I have with this token is the idea of locking up your coins for a set amount of days.  You can't move them, then the price crashes and you want to sell, you're screwed.  Seems like a convenient way to get people locked up for an exit scheme.  I've seen lots of elaborate scams in crypto.  This could be a big one.  Correct me if I'm wrong.

You can check history “ IEO on Binance Launchpad; IEO Token Price - $0,00065; IEO Hard Cap - $3,250,000”
Currently, ERD token price $0.026, 0.00006096 ETH, 0.0000023 BTC
Returns since ICO
40x
USD
26.73x
ETH
37.15x
BTC
More details: https://icodrops.com/elrond-network/

You said nothing there that remotely answered any of my questions/concerns.  Just more pump mentality.

I've seen lots of elaborate scams in crypto.

What your means ? Did you mean ERD is a scam ?

I present proof the ERD has increased 40x to show you.

[Dalib]

Verifiable Collateral For DeFi Opportunities: OpenDAO Stable Coins On The Elrond Network


Various types of stable coins come with various types of trade-offs:
Censorship risk where the coin is governed by a centralized issuer
Trust risk where the collateralization is intransparent
Value risk where the coin is vulnerable to value swings via flash loan attacks or other exploits of temporary value fluctuations

More details: https://elrond.com/blog/elrond-egold-stable-coin-opendao/

[joae1975]

The only problem I have with this token is the idea of locking up your coins for a set amount of days.  You can't move them, then the price crashes and you want to sell, you're screwed.  Seems like a convenient way to get people locked up for an exit scheme.  I've seen lots of elaborate scams in crypto.  This could be a big one.  Correct me if I'm wrong.

You can check history “ IEO on Binance Launchpad; IEO Token Price - $0,00065; IEO Hard Cap - $3,250,000”
Currently, ERD token price $0.026, 0.00006096 ETH, 0.0000023 BTC
Returns since ICO
40x
USD
26.73x
ETH
37.15x
BTC
More details: https://icodrops.com/elrond-network/

You said nothing there that remotely answered any of my questions/concerns.  Just more pump mentality.

I've seen lots of elaborate scams in crypto.

What your means ? Did you mean ERD is a scam ?

I present proof the ERD has increased 40x to show you.

Then why do coins have to be locked up?  We should be able to move them as we please, like PIVX. 

[advise123]

Looks like a pump on coin value as many big volume transactions are between same big accounts!!! Just to trap newcomers to buy.

[NotHatinJustTrollin]

Road To Decentralization: ARCStake And Disruptive Digital Join The Elrond Ecosystem As Staking Providers

EGLD continues its road to decentralization by welcoming two more staking partners: ARC Stake & Disruptive Digital

Their tools & services will add more diversity to our ecosystem and help strengthen the Validators network.

https://elrond.com/blog/elrond-staking-providers-arcstake-disruptive-digital/

[Iced]

Adoption map:

[joae1975]

Phore is a fork of PIVX, why not use PIVX?  Better devs.

[terciduk123]

The only problem I have with this token is the idea of locking up your coins for a set amount of days.  You can't move them, then the price crashes and you want to sell, you're screwed.  Seems like a convenient way to get people locked up for an exit scheme.  I've seen lots of elaborate scams in crypto.  This could be a big one.  Correct me if I'm wrong.

What do you mean?
Is it mandatory to lock your coins or is this locking
required only when you want to stake the coins?

I’m pretty sure they’re locked when you delegate or stake them.  Other staking coins like PIVX  they’re not locked.  Seems kind of shady

I understand what you mean, it will take 10 days for unstaking or withdrawing your coins from the staking program. If you don't like Elrond staking, then you don't need to join, because no one forces you to join the staking program.
You can trade Elrond coins on the exchange and there is no coins locking period

[Iced]

Phore is a fork of PIVX, why not use PIVX?  Better devs.

I use both :-), but let's that keep that discussion in other threads.

On the fact that you need to lock your coins if you don't like that part maybe Elrond is nothing for you from the perspective of staking.

Syntropy & Elrond Partner to Launch Technical Integration
https://medium.com/syntropynet/syntropy-elrond-partner-to-launch-technical-integration-ca3dd6ebf126

[joae1975]

Phore is a fork of PIVX, why not use PIVX?  Better devs.

I use both :-), but let's that keep that discussion in other threads.

On the fact that you need to lock your coins if you don't like that part maybe Elrond is nothing for you from the perspective of staking.

Syntropy & Elrond Partner to Launch Technical Integration
https://medium.com/syntropynet/syntropy-elrond-partner-to-launch-technical-integration-ca3dd6ebf126

Yeah, seems pumpy and dumpy to me.  “Lock up everyone’s coins so the devs can dump them.”  No recourse.  I mention PIVX because it’s plain better.  Not sure how EGLD is so high.  No organic growth, is angel investor funded.  So defend your coin, don’t tell me to talk about competitors on other threads.  Help me understand the whole lock up thing.

[Dalib]

High-Bandwidth Elrond DeFi Data Flows via Umbrella Network Oracles

High volume financial applications will always favor high throughput and low latency decentralized networks. Elrond is capable of scaling beyond 100,000 transactions per second and will always be the right choice for large transactional volumes, either from traditional financial applications or other chains.

Our mainnet’s performance under heavy load will however only partly be measured by how fast it can process data. The other part of the performance will depend on how fast it is able to transfer & acquire data to & from the off-chain sources and applications.



More details: https://elrond.com/blog/elrond-scalable-oracles-umbrella-network/

[magisterr]

Could anyone tell about partnerships with Fire Protocol project? I saw that Elrond have partnership with them, but when I looked to their github - its almost empty and no development there. Why Elrond made partnership with them? Is that project real at all?

[joae1975]

Could anyone tell about partnerships with Fire Protocol project? I saw that Elrond have partnership with them, but when I looked to their github - its almost empty and no development there. Why Elrond made partnership with them? Is that project real at all?

I’m getting more and more disenchanted as they keep posting fluff and not addressing our concerns.

[magisterr]

Could anyone tell about partnerships with Fire Protocol project? I saw that Elrond have partnership with them, but when I looked to their github - its almost empty and no development there. Why Elrond made partnership with them? Is that project real at all?

I’m getting more and more disenchanted as they keep posting fluff and not addressing our concerns.

Who? Elrond or Fireprotocol? I dont understand why Elrond is making such "partnerships" if this look like scam token? Their Github was updated last time on Updated on 19 Jan. There is no development at all...