The THORChain team are excited to announce that $ERD will be a launch partner for http://BEPSwap.com.

Elrond, a scalable value transfer protocol, is joining the BEPSwap Platform to provide liquidity to ERD token holders. >>>> READ FULL HERE


Elrond on BEPSwap

Elrond is powered by the $ERD token which requires deep liquidity in order to be useable across the network. The ERD token is bonded by validators to secure the network and thus must have excellent price discovery.

As such, ERD is listed on Binance DEX to allow a wider market exposure and is an excellent project to join the BEPSwap platform.


Additional benefits include:

    THORChain will acquire off the market ERD tokens between now and the launch in order to bootstrap the Elrond pool.
    THORChain and Elrond will work together to promote the ecosystem.
    Elrond will be able to stake some parts of their treasury into the pool to offer even more liquidity to token holders.
    ERD token holders will be able to stake ERD tokens in order to earn on trade commissions every day.

BEPSwap is scheduled for public beta in 4–6 weeks.

>>>> READ FULL HERE

MessariCrypto https://twitter.com/MessariCrypto/status/1163816616146001924?s=20

MessariCrypto announce the sixth batch of Messari Disclosures Registry participants.  Newest members include  @akropolisio, @beamprivacy @CardanoStiftung @ElrondNetwork @FUSIONProtocol @FoundationHelix @keep_project @LiskHQ @orbs_network @PermissionIO @VSYSCoin

This week in Elrond  (#8) :
  Read the thread below for the weekly tech update


1.  WASM integration into Elrond protocol is almost ready, ~90%. We choose to use ewasm / hera as the base and changed the whole implementation and logic of linking the actual engine to the protocol.
2.  The next things are defining and limiting non-deterministic behaviour of WASM linking crypto hooks into the Engine, as we want to get rid of sentinel contract. Further steps is to create libraries for smart contract developers to use and deploy them.
3.  Optimization for our formally verified VM with GO backend never stops: improvements on collections, especially maps.
-> Heartbeat improvements: checking the validity/integrity of the information about the node - ShardID
4.  Completely refactored of the interceptors component. Interceptors do the hard work of prevalidating any data coming from the network. They unmarshal the data, verify the integrity and validity of all data fields, caches and validating the data.
5.  As we work mostly with interfaces and go's nil check does not verify if the underlying object is nil, it may have adverse effects such as nil pointer exception. All nil check on the protocol got updated with interface nil checks as well.
6.  Transactions generator binary: working on a new binary which will generate transactions used for stress-testing on the testnet. It will send a given number of intra-shard or cross-shard transactions to the network, optimising the test transactions generation from the node.
7.  We finally have a peer processor which writes into the peer state trie, it updates data such as uptime, rating, number of signed and missed blocks and so forth.
8. Metachain gathers all the peer data through the shard headers and updates the trie. As all the nodes process the meta-headers they also update their peer state. So all the peers have the same global view of how the others behave.
9.  Handling of summing all the transaction fees and creating special transactions to the leader, to a burn address and to the community is finished. Implementing rewards is in the final meters, in the weekend will be finished.
10.  Validator Dashboard improvement on termui console, added new metric for block info and change CPU load and Memory load to display how many CPU and Memory node use.
-> More features added to the testnet validator lists on https://testnet.elrond.com/#/validators

11. Oh, cryptobubbles got some new, better AI bots, just to make a little bit harder/funnier the game. Have not described what is happening behind the gameplay but will follow up on this soon. Give it a try and share it with your friends -> https://cryptobubbles.io

12. From my point of view, I guess this is the best testnet version released after the official public release, and I am really happy to see all these devs / validators getting involved running the chain, upgrading and maintaining a overall uptime of 99% of most validators.
13. Join our validator / dev call next week https://twitter.com/LucianMincu/status/1164492824445902848?s=20

ElrondNetwork’s short summary progress made this week - Read the thread HERE for the weekly tech update


1. Released feature-rich testnet v1.0.12 with a redesigned ui and validator monitoring. Verifying your nodes is easier, all the data rendered into a simple UI.
2. Reworking the scripts for starting a node, one-click deployment, bringing all the tools, building and running them. There is no more need to start a CLI.
3. Improved gas limit and consumption calculation for miniblocks. Creating batches of miniblocks with predefined gas limit, in order to be sure that it is executable in a given time in the destination shard.
4. Heartbeat gets new data to be shared, this tool helps to send and receive messages about your connected peers and their statistics.
5. New validator page, now you can see who is on and synchronized from the validators on the testnet. This is the frontend for heartbeat. Keep your validator in the green.
6. Started integrating the new VM to run WASM. Multiple languages can be compiled into it, ran with JIT/AOT compilers, a number of great developer tools are already available and it is super fast.
7. We propose to support multiple engines in the back: WABT, Bynarien, WAVM, Google V8. As always, it is not enough for us to copy existing technologies, we want to improve them.
8. Launched http://cryptobubbles.io. First dApp in a truly sharded architecture. Written in IELE, running on a formally verified VM, k framework with go backend.

9. IELE VM got another set of improvements, when it comes to memory handling and rule matching. It is getting faster every day.
10. One more step for K Finality in shards. As a group of bad actors can drive some part of the shard into an invalid fork, that group will be desynchronized from the netwrok. The solution is to revert back to the final shardblock notarized by metachain.
11. Activated nonce check for each type of transaction
12. In our stress tests we found and interesting bug: the consensus and processing was so fast that 2 consecutive blocks were created in the same round.
     Metachain subsequently stopped notarizing the shardblocks becuase of invalidity.
     Added more security checks on any block.
13. Detailed documentation and specification of the Elrond node. It started as an internal description of the components, but it will become our open cookbook.
14. Elrond HQ validators meeting was a great success, many enthusiasts to become validators in the Elrond protocol. Discussed the further steps in terms of automatizing the administration of the node.

Elrond Brings Its High Throughput And Fully Sharded Blockchain Infrastructure To The Trusted IoT Alliance


Elrond Network, the scalable public blockchain that deploys sharding technology has announced that it has entered the Trusted IoT Alliance (TIoTA), joining a retinue of high-profile enterprises and developer organizations to create a collaborative consortium ecosystem at the forefront of IoT innovation

August 14, 2019 / The McKinsey Global Institute projects that nearly 30 billion devices will be connected to the Internet by 2020, encompassing an overall IoT economic impact value between $4 trillion and $11 trillion by 2025. TIoTA’s 2025 goals include building a secure, interoperable, and scalable IoT ecosystem based on blockchain technology that is capable of facilitating M2M payments, autonomous supply chain management, and many more applications across multiple industries.

Elrond Network is ideally suited for the push into the next generation of the Internet, where scalable, public infrastructure will be necessary to support the frictionless transfer of value. Elrond is one of the blockchain projects spearheading the experimentation of scalable, interoperable infrastructure for the underlying technology.

The platform relies on a horizontal database partitioning technique called sharding, and, when blended with the network’s Secure Proof-of-Stake consensus (SPoS), provides a decentralized and highly performant blockchain. As a result, Elrond presents an optimal backbone for the ongoing work of TIoTA, and the network will be of use to the TIoTA’s enterprise members for hackathons and challenges meant to solve real-world problems.

The TIoTA Consortium is comprised of numerous projects at the bleeding-edge convergence of IoT application development and blockchain technology. Alongside major corporate partners such as Bosch, Cisco, Telekom, Siemens and others, Elrond is positioned favorably to support the growth of TIoTA’s leading open-source software foundation.


    Elrond Founder and CEO, Beniamin Mincu, commented: “Our collaboration with the Trusted IoT Alliance is a significant step forward meant to enable countless real-world applications to be built using Elrond’s state of the art architecture. Alongside the likes of TIoTA’s enterprise, IoT and blockchain members, Elrond’s public, sharded blockchain can provide the infrastructure that is necessary for the digital economy to blossom.”

    “Elrond provides a scalable value transfer protocol for the digital economy,” said Anoop Nannra, Chairman of the Trusted IoT Alliance and Head of Blockchain at Cisco. “We are thrilled to have Elrond join our organization and contribute to our collective goals to establish best practices for the market and too commercialize trusted initiatives.”

Elrond’s integration with TIoTA comes amid a flurry of recent developments for the project. The Elrond Testnet is already live and has demonstrated the performance of more than 10K transactions per second. Similarly, Elrond recently announced their partnership with decentralized oracle service, ChainLink, who made waves recently under the agreement with Google.


About TIoTA

TIoTA is a result of the collaboration amongst passionate technologists working to leverage blockchain infrastructure to secure and scale IoT ecosystems. TIoTA seeks to enable trust in the data produced by such IoT systems in a distributed ledger/blockchain agnostic fashion, thereby enabling a decentralized trust model for interoperable digitized identities of physical goods, documents, immobilized assets, sensors, and machines. Visit trusted-iot.org and search #tiotachallenges and to learn more.

Crypto.com Lists Binance Launchpad Token: Best place to purchase ERD at true cost with zero fees and markups



<HONG KONG, August 13, 2019>  -  Crypto.com, the pioneering payments and cryptocurrency platform, announced today that it has listed Binance Launchpad token, Elrond’s ERD to its App. ERD joins a growing list of cryptocurrencies and stablecoins on the Crypto.com platform, such as bitcoin (BTC), ether (ETH), Litecoin (LTC), XRP, TrueUSD (TUSD), PAXOS (PAX), and its own MCO and CRO Tokens.

Elrond is a highly scalable public blockchain focused on providing security, efficiency, scalability, and interoperability. It has been built with adaptive state sharding and is based on the Secure-Proof-of-Stake consensus mechanism.

With ERD added to the Crypto.com, users can now purchase it at true cost with no fees - credit card and bank transfer both supported. As Crypto.com also offers the MCO Visa Card, this adds additional utility to ERD as users can easily convert cryptocurrencies into fiat currencies and spend at over 40m merchants globally.

Kris Marszalek, Co-Founder and CEO of Crypto.com said: “We are pleased to make Crypto.com a platform for the Elrond community to purchase ERD at true cost. Given the growing selection of digital assets, fiat onramp and lack of fees, Crypto.com is simply the best place to buy, sell and pay with crypto.”

Beniamin Mincu, Founder and CEO of Elrond said: “With Elrond we’ve built perhaps the most scalable and efficient blockchain architecture to date, one that can truly enable real world adoption. We are happy to list Elrond on Crypto.com and bring real utility for the whole Elrond community. Starting today you can shop using ERD directly!”

About Crypto.com
Crypto.com was founded in 2016 to accelerate the world’s transition to cryptocurrency. Key products include: the Crypto.com App, the best place to buy, sell, and pay with crypto, the MCO Visa Card, a metal card with no annual fees, and the Crypto.com Chain, which enables users to pay and be paid in any crypto, anywhere, for free. Crypto.com is headquartered in Hong Kong with a 150+ strong team. For more information, please visit: www.crypto.com.

About Elrond
Elrond is a high-throughput public blockchain aimed at providing security, efficiency, scalability, and interoperability via Adaptive State Sharding and a Secure Proof of Stake consensus mechanism. To achieve this, Elrond relies on two building blocks; 1) A genuine Adaptive State Sharding approach: effectively partitioning the chain state into multiple shards, handled in parallel by different participating validators; 2) Secure Proof of Stake consensus mechanism: an improved variation of Proof of Stake (PoS) that ensures long term security and distributed fairness, while eliminating the need for energy-intensive PoW algorithms. Elrond has also be designed to be EVM and Ewasm compliant, supporting multiple smart contract languages and formal verification. For more information, please visit: www.elrond.com.

Note: Elrond’s ERD is not available for Crypto.com App users in the U.S.

Netherlands Pioneers The Storage Of Standardization Certificates On The Blockchain
https://cryptodaily.co.uk/2019/08/netherlands-pioneers-the-storage-of-standardization-certificates-on-the-blockchain


Blockchain technology might sound like the biggest tech buzzword of the decade, but it already has practical applications beyond cryptocurrencies in The Netherlands.

It is practically impossible to attend any tech conference without enduring a keynote, panel session, or side event on Blockchain. However, despite all the buzz about the disruptive potential of Blockchain technology over the last 10 years, it has largely struggled to unlock mass-market adoption.

In fact; cryptocurrency, the most popular application of Blockchain is still a subject of either outright consternation or cautious exploration by many regulators and governments all over the world.  Of course, several cryptocurrencies are designed as tokens representing the unit of account for some Blockchains projects. Nonetheless, cryptocurrencies have mostly been branded as digital assets for speculative trades and investments.

Therefore, it is incredibly refreshing to get wind of Blockchain projects with practical applications for solving real-world problems without the attendant complication of cryptocurrencies. Dutch blockchain platform, LTO Network is facilitating the adoption of Blockchain technology with enterprise and government clients by solving real world problems with its simplified, scalable and GDPR compliant hybrid Blockchain infrastructure.

Dutch Standardization Institute Adopts Blockchain

Last week, NEN, the Dutch Standardization Institute revealed that it is launching a new solution in collaboration with LTO Network to store standardization certificates on LTO’s blockchain to facilitate instant verification of the certificates for all relevant stakeholders.

In the Netherlands (as the case is in many parts of the world), standardization certificates are usually registered in a centralized system owned and controlled by a standardization agency. This system is often well protected in many countries, but they are often difficult to access and the fact that they serve as a single source of truth makes them potentially vulnerable to security breaches.

In some other jurisdictions, the databases storing such sensitive standardization data are not protected with industry best practices; hence, multiple products or organizations can inadvertently or maliciously share standardization certificates or even end up with unverifiable certificates.

By leveraging LTO Network’s Blockchain, NEN has set the pace for other standardization agencies around the world to store standardization certificates on the Blockchain in a decentralized manner.

LTO’s solution assigns a smart QR code to every certificate and the smart QR code is stored on the blockchain. Stakeholders can then access the QR codes to confirm the validity of any certificate issued by NEN. This guarantees authenticity, which can easily be verified by the users themselves.

In addition, the QR codes are smart and changes to the certificates will be automatically updated on the QR codes, which are then re-hashed on the Blockchain to keep the latest version of truth.

In the words of Harmen Willemse, a Senior Consultant at NEN "Innovation is of paramount importance to NEN. This project shows that we are constantly working to improve our services with regard to the application of standards, so as to remain relevant".

Blockchain Is Also Subject To Standardization

Interestingly, Blockchain technology itself is still a long way off from standardization as it is to be expected of a disruptive technology that is barely 10 years old. For instance, there are more than 2,300 cryptocurrencies in the market; a handful of them are fundamentally unique but most of them are variants of the same idea. Nevertheless, the standardization of Blockchain protocols to facilitate their faster application in enterprise and government activities might happen rather sooner than anticipated.

The International Organization for Standardization (ISO), which develops and publishes International Standards says the first standards for Blockchain technology will be released in the next 18 months. The Blockchain and DLT standardization drive is being championed by ISO/TC 307, a committee within the ISO, which has already hinted that it might first release a technical report on Smart Contracts within the next 12 months.

In another development, OMG, a computer industry standards consortium that creates enterprise integration standards for various technologies has revealed that it is in the process of developing standards for IOTA’s Tangle as a precursor to IOTA getting ISO accreditation.

Here’s Why Standards Certificates Are A Big Deal

Standards certificates occupy an important socio-economic position by the virtue of their influence on businesses, consumers and regulators. Standardization can be a strategic tool for businesses to improve operational efficiency, satisfy customers, and access new markets. Regulators leverage standardization to level the playing field in commerce and to reduce the barriers to international trade. Consumers can rely on standardization certificates for the assurance of quality, safety, and value for money spent on products or services.

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Website:   https://lto.network
Twitter:     https://twitter.com/ltonetwork
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