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T-

Hi all, new guy here. Just learning about Egld. Can

anyone help me understand what problems this project solve? Why is it any better than Loop, or Avax, or dag, or hbar? I’ve done a fair amount of research but feel like I’m missing something

#blockchain #cryptocurrency #elrond #english
0

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Chase ⚡-

Elrond has been the only blockchain that has solved adaptive state sharding. It is infinitely scalable... Need more txn processing power just add a shard. It has a limited supply... Max supply of 31.4 million (minus all the txn fees in egld over the next 8 years so theoretically the max supply will never be reached). The concensus mechanism is a delegated secured proof of stake in which all validators share an equal amount of rewards for processing blocks. Each epoch the blockchain shuffles validators between shards reducing the chance of hacking.

0
14.10.2022

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