12,000,000 ERD rewarded so far! Be part of wave 3 with higher reward than the previous one. Associate with a project that have real value and solving the problem of blockchain public infrastructure. Listed on Binance, Binance DEX, BitMax, Dcoin and Bilaxy with BTC, USDT, USDC, BNB and ETH pairs. More exchanges are on the pipelines for last quarter of this year.
A scalable value transfer protocol for the digital economy
.10k tx/sec .minimal latency .negligible fees
Comparable in throughput as to centralized counterparts.
Their 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.
Minimal energy and computational requirements.
Elrond eliminates the need for intensive PoW consensus algorithms and proposes a novel and more robust Secure Proof of Stake consensus, enhancing intra-shard communication and pruning the blockchain state to the most essential.
Increased security due to the randomly selected block proposer.
Elrond introduces an improvement which adds security and reduces latency, allowing each node in the shard to determine the members of the consensus group (block proposer and validators) at the beginning of a round. This is possible because the last block’s aggregated signature is used as the randomization factor.
Decentralizing cross-blockchain operations.
The Elrond Virtual Machine’s implementation will hide the underlying architecture isolating the smart contract developers from system internals ensuring a proper abstraction layer. In Elrond, cross chain interoperability can be implemented by using an adapter mechanism at the Virtual Machine level. This approach requires specialized adapters for each chain that is non EVM compatible and wants to operate with Elrond.
Elrond “Zero to One” Testnet
The Elrond testnet has low system requirements and can run on anything from an ordinary computer to T2 medium AWS machines. This iteration consists of static state sharding, secure proof of stake consensus, Schnorr signature for transactions, BLS signatures for random seed generation, and modified BLS multisig for blocksigning.
Metrics that are being monitored to check improvement of the network include: latency, bandwidth limitations, running each validator node on a separate machine with very limited compute power (average dual-core CPU with 4Gb of memory), in different geographic locations.
Key stats for the current testnet are as follows:
- Sharding setup: 5 Shards + Metachain
- Nodes: 500 x AWS T2.medium (validator nodes) and AWS 12 x T2.large (observer nodes)
- Nodes per shard: 83
- Consensus: BLS round every 6 seconds on each shard
- Consensus size: 63 nodes per shard
- Max-Blocksize: ~800KB https://community.elrond.com//referral/Ww50SMJwnVreerI/
- Peak-TPS: ~12,500
Join the ongoing social mining campaign and be rewarded bountifully. I am yet to identify any project that give back to community as Elrond does. just be social and increase your reputation by following the steps below. You can earn over 100,000 ERD as shown in item 6 below as evidence.
- Register with elrond community here. Ensure you read and understand item 5 and 6 appropriately to maximize your chance of getting higher reward.
- confirm your email and login. Please be informed that KYC is required at the end of this campaign to redeem your reward
- Click on your profile or access it via this link and connect your social account
- Click on menu at the left to perform social task (twitter, telegram, reddit, content, video). At the end of each task, click on the claim button for your points to be calculated. Some tasks required hashtag and special keyword to be present in you sentence most especially for tweet and reddit. Pay attention to instruction from each tab to get the equivalent reward.
- For you to maximize your reward, you need to gain reputation by written quality content, do a short video (YouTube, DTube or others), be active in telegram, tweet and retweet about elrond, be among elrond testnet validator, design eye catching image (meme, GIF, sticker etc) surrounding elrond project and submit same from your dashboard for reputation.
- Points and reputation go with the following formula that will translate into rewards ▶️ 33% of your points converted in tokens, but reputation also counted as a factor as in 66% converted into token. So, seek reputation at all cost when you join this campaign. You can earn over 100,000 ERD as seen from the last distribution of second wave in which an extract of ONLY first 25 is shown in the screenshot below. If you are in doubt or want to know how to get reputation in the right way, engage any Admin via the Telegram group. They are so supportive and respond to any inquiry promptly 24/7.
- You can invite others and gain more points by clicking on the referral menu form your dashboard after registration.
Don’t miss out on any airdrop & bounty again follow us on twitter ,be notified on Instagram, linkedin and like our facebook page . Our website: https://bountyairdroptoken.com
Please always note that any airdrop that required ETH, the wallet address has to be ERC20 compatible. DO NOT use an exchange address