Transparency should be a default, with Xangle we guarantee it



Elrond believes information is key to protect investors and for the crypto asset market to transition from today’s speculative investment environment to a more rational and legitimate environment. Information is one of the major causes of speculation. By practicing disclosure on Xangle, we are tackling information distortion and ensuring our investors get all the necessary information to make informed decisions.

As part of this partnership, our team went through a strict due diligence process by Xangle to publish a separate Due Diligence Report that will be made available to Xangle’s partnered exchanges. Exchanges will use this institutional grade report to perform continuous evaluation of projects. Currently they are actively working with leading exchanges such as Bithumb, Korbit, GOPAX, and CPDAX, to name a few.

Comprehensive information is also available to retail investors, so you can check out our public information disclosure page HERE (https://xangle.io/project/home/ERD). When you are uncertain about our current token supply or want to know the latest business updates, we recommend you check Xangle as it holds the most accurate information.

    “Good technology needs to go hand in hand with good practice and Elrond is making yet another important step in building trust through the partnership with Xangle that offers another layer of transparency. In an environment that has historically been affected by mistrust and general perceptions have been negative, we feel transparency is important and needs to come by default,” commented Lucian Todea, COO of Elrond Network

About Xangle
Xangle provides accurate, comprehensive, and up to date token information as well as company information of blockchain projects so that crypto investors and exchanges are able to make better investment or listing decisions.

About Elrond
Elrond is a new blockchain architecture, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 10,000 transactions per second (TPS), with 5-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
Elrond is built by a team of experienced entrepreneurs along with 13 engineers and researchers with significant blockchain backgrounds and technical experience at Microsoft, Google, Intel, and NTT DATA. The team includes two PhDs in CS & AI, multiple math, CS, and AI Olympiad champions, and a former member of the NEM core team.

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Website: https://elrond.com/
Telegram: https://t.me/ElrondNetwork
Tele Ann: https://t.me/ElrondNetworkAnn
Elrond Github: https://github.com/ElrondNetwork

LTO Trading Competition + BNBurgers
https://community.binance.org/topic/1012/lto-trading-competition-bnburgers

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Day 1: August 1-2 of @Binance_DEX  Trading competition.
https://twitter.com/LTOnetwork/status/1157252618139394050?s=20

    146 addresses qualified: 137 LTO each, which is about 12 USD right now.
    BNBurger lucky winner: bnb1x3fnnk426xv85nczqnqqwrej7e9wh7cdv59wjr

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Website:   https://lto.network
Twitter:     https://twitter.com/ltonetwork
Github:      https://github.com/legalthings
Medium:    https://medium.com/ltonetwork

ElrondNetwork: High-throughput public blockchain with Adaptive State Sharding

+ 65k tx/sec
+ minimal latency
+ negligible fees

For those who did not have time to read the full whitepaper - ERD have prepared a onepager!





THE PROBLEM: Censorship resistant protocols are indispensable

A few decades after its invention, the internet has brought compounding improvements in speed and bandwidth of communication, instant access to the world’s knowledge, rapidly increasing rate of innovation, and hence, a growing global economic output.

But with the near omnipresent surveillance tools, increasingly potent behavioral impact of technology, and worrying concentration of power in the hands of a few tech giants, the crucial necessity for a new layer of the internet becomes evident. One preserving the instrumental benefits enabled by technology, yet limiting its potentially restrictive inclination by means of decentralization.

Elrond is at the forefront of this major shift in core internet infrastructure, empowering a higher level of social scalability through sovereign digital ownership, data privacy, unstoppable censorship-resistant applications, novel digital economies and governance models

THE SOLUTION: Innovative technology applied at scale

Elrond is a complete rethinking of public blockchain architecture, especially designed to bring a 1000x overall improvement by being scalable, efficient and secure while maintaining a sufficiently decentralized setting.

To achieve this we introduce a novel Adaptive State Sharding mechanism, enabling linear scalability as more nodes join the network by parallelizing transaction processing.

On a consensus level we propose a novel mechanism called Secure Proof of Stake, introducing a random selection of the consensus group, stake plus rating as a fitness function for sybil attack prevention, and near-instant finality based on pBFT.

To enable decentralized applications we design Elrond to be EVM and Ewasm compliant, supporting multiple smart contract languages and formal verification.

THE FUTURE: Digital economy of tomorrow

What will the future look like? The best way to predict the future is to create it.

Elrond’s developer-friendly design is based on the following fundamentals: trustless network for value transfer, privacy safeguarding, facilitation of new business models (removes the middleman and inefficiencies), along with the development of secure and decentralized applications.

All these elements create a balanced recipe for a decentralized future.

Envision that you are the citizen of a country with no geographical frontiers, maybe digital frontiers. Your digital citizenship gives you some rights and obligations.
You express your voting intentions through a transparent, secure, and decentralized e-voting system. A similar system is in place to track your contributions and taxation. You live in a city, a smart city where you pay for what you use, in an optimized shared-based economy where everything is tokenized and accessible in a transparent, secure and fair way.

Using blockchain technology as a force for unification will accelerate a future of transformation, innovation and ultimately strengthen the standard of transparency across industries. Furthermore it will enable complete access and ownership of it’s users private data.

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Website: https://elrond.com/
Telegram: https://t.me/ElrondNetwork
Tele Ann: https://t.me/ElrondNetworkAnn
Elrond Github: https://github.com/ElrondNetwork

Q&A: Beniamin Mincu's AMA session in the #Binance English Telegram group (July 26th)
https://www.reddit.com/r/elrondnetwork/comments/cimndn/qa_beniamin_mincus_ama_session_in_the_binance/


In case you've missed it, here's the transcript of the answers given by Beniamin Mincu, CEO of Elrond, during the AMA session held on Binance's Telegram channel

     shivam kr, [26.07.19 19:08]
     As we know there is already plenty of high-throughput blockchain project nowadays like QuarkChain, Zilliqa, Algorand and much more. How do you plan to compete with them and what is a competitive advantage of Elrond? What unique has Elrond beside its competitors?
    Beniamin Mincu | Elrond, [26.07.19 19:10]
    Here's a comparrison: https://docs.elrond.com/#how-is-elrond-different

     cat cat, [26.07.19 19:09]
       1/ Is there a particular reason for choosing Binance's Launchpad program among the many exchanges?
       2/ How does Secure PoS differ from existing PoS? For example, projects like QTUM and Algorand.
       3/ Is Elrond VM compatible with Ethereum VM? Will many developers switch to the Elrond platform? What do you think?
       4/ Elrond chose BEP2 from Binance Chain prior to the mainnet. Is there a particular reason why you chose the Binance Chain instead of starting from ERC20 or other platforms? Maybe any plan to support ERC20 for liquidity?
       5/ Currently, many projects such as ETH, EOS, TRX, and IOST are competing in the dAPP market, and I wonder how Elrond will make a marketing strategy in this war.
     + Beniamin Mincu | Elrond, [26.07.19 19:14]
        1/ Binance is the largest and fastest growing exchange in the world - perfect place to launch Elrond on.
        2/  Please check docs.elrond.com
        3/ Elrond VM is compatible with EVM.

        Fineally, [26.07.19 19:09]
        Many projects died after ICO during bear market/not going as per the plan that were promised during ICO.
        How would ELROND overcome these after IEO and be one of the successful project?
        What are the benefits of using Elrond's platform for creating dAPPS & smart contracts? and What languages will be supported for developers to build dAPPS on Elrond?
        Beniamin Mincu | Elrond, [26.07.19 19:15]
       Benefits of using Elrond platform: fantastic performance, felixble tools, negligible costs and significant community audience.

        Renars Derrings, [26.07.19 19:09]
       What would be evaluation of Elrond progress in terms of % for mainnet release, EVM?
       Beniamin Mincu | Elrond, [26.07.19 19:17]
        I would say >70%. Lots of work right now is adding further implementation and doing stress testing with real world settings.

        Trader, [26.07.19 19:17]
      I know ELROND is POS but are there any plans for token burn for any reason?
      Beniamin Mincu | Elrond, [26.07.19 19:18]
      There is a possiblity, but perhaps at a later stage.
       The most important thing for Elrond is staking. Once staking starts, it's better then token burn, because tokens are locked out of circulations and you also receive rewards for staking.

    king of crypto, [26.07.19 19:17]
      Your whitepaper potrays the differences between Elrond and other blockchains and Elrond seems to have more advantages. Technology will always get better over time and eventually someone will come up with something better than Elrond. How is Elrond going to face this challenge? @beniaminmincu
    Beniamin Mincu | Elrond, [26.07.19 19:19]
      Real business adoption will be the differentiator.
      Right now we have the testnet working, great focus on business onboarding.

        Jatin Kalra, [26.07.19 19:17]
      Where do you think ELROND can bring the most change in real world scenarios?
      Beniamin Mincu | Elrond, [26.07.19 19:21]
      Internet payments, machine to machine transactions and gaming. These are the verticals we are focusing on.

    Shin Chan, [26.07.19 19:17]
    a. Whom do you think the competitors for Elrond Network in block chain industry?
    b. How is Elrond different from other blockchains that uses sharding like Eth, Zil?
    c. Why Elrond chose POS over SPOS(Secure Proof of Stake)?
    d. How scalability issue is handled in Elrond?
    e. How is cross shard communication is handled in Elrond?
    f. What is Elrond Network focus on mass adoption and what would be the upcoming greatest challenge for Elrond Network?
    g. How Elrond solve the single-shard takeover attack in an uncoordinated majority model?
    Beniamin Mincu | Elrond, [26.07.19 19:22]
      Great difference is in tech, performance, and execution. Elrond is running the testnet right now.
     Please check docs.elrond.com for the precise difference.

    Dixit, [26.07.19 19:17]
    How many TPS did you reach so far? And what is the aim?
    Beniamin Mincu | Elrond, [26.07.19 19:23]
    We can process >10k TPS constantly, and have exceeded 65k TPS with 20 shards in the last test simualtion.

    Dixit, [26.07.19 19:17]
    It seems Elrond targets the European market. Is it true? Will you promote Elrond in Asia, America? We know that some Asian countries like S. Korea among the best place for crypto community growing.
    Beniamin Mincu | Elrond, [26.07.19 19:24]
    Yes, Asia is our specific target for the next month. We have just returned form Korea after a very productive week.

    Maruha, [26.07.19 19:24]
    What are the advantages of Elrond Network compared to ETH?
    Beniamin Mincu | Elrond, [26.07.19 19:25]
    1000x performance improvement with 10k TPS and 5 sec latency

  Dixit, [26.07.19 19:25]
    Why do you chose Elrond, a character from LotR, as the name of your project?
    Beniamin Mincu | Elrond, [26.07.19 19:27]
    Elrond is an aim we take for the team and project. He was immortal, very powerful and still bent on doing good. These are great aims for our project.

        Benz Barcelona, [26.07.19 19:25]
    WHAT ELROND PLAN FOR THE COMMUNITY?
    Beniamin Mincu | Elrond, [26.07.19 19:28]
    Join our telegram, and make sure you join social mining. Lots of competitions and engagement!

        JDSlondon, [26.07.19 19:25]
    What are the competitive advantages of ERD over its competitor?
    Beniamin Mincu | Elrond, [26.07.19 19:28]
    Really high scalability, and fast execution. All this up and running right now on our testnet.elrond.com

        Andrew G, [26.07.19 19:25]
     Will it be possible to make ICO on the Elrond Blockchain, @beniaminmincu
      Beniamin Mincu | Elrond, [26.07.19 19:29]
    Yes, we will hopefully soon have some projects preparing to build on Elrond. Lots of excitement around these.

        Mickael, [26.07.19 19:25]
     What are the most companies that you think will adopt your technology ?(in the near future )
     Is there any staking program with BNB Rewards ??!
     Beniamin Mincu | Elrond, [26.07.19 19:30]
     We are focusing on large companies from tech infrastructure with verticals on internet payments, IoT and Gaming.

    Trader, [26.07.19 19:25]
    What do you think is the biggest problem Elrond network will solve and why is the problem important to solve?
    Beniamin Mincu | Elrond, [26.07.19 19:31]
    Problems of high scalability and fast transactions execution.

    Fineally, [26.07.19 19:25]
    I know that your team is 16 people. Is it enough for ambitious blockchain project ? Do you have plans for expanding?
    Beniamin Mincu | Elrond, [26.07.19 19:32]
    Always expanding and looking for more great people to join.

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Website: https://elrond.com/
Telegram: https://t.me/ElrondNetwork
Tele Ann: https://t.me/ElrondNetworkAnn
Elrond Community: https://community.elrond.com

Time for rewards! :  260 members will receive 4,500,000 ERD

https://twitter.com/LucianMincu/status/1149647749815521281?s=20

+ 260 members will receive 4,500,000 ERD

 This is our way of thanking you for your relentless effort

Our relentless community has been working to get Elrond where it is now, and in return we increase the community rewards by 3x.



Website: https://elrond.com/
Telegram: https://t.me/ElrondNetwork
Tele Ann: https://t.me/ElrondNetworkAnn

Build together — Get rewarded

https://medium.com/elrondnetwork/build-together-get-rewarded-c9aa196593b5


From the time Elrond has been announced as the next project doing an IEO through the Binance Launchpad, we have been hard at work connecting with communities around the globe, making our technology open source and advancing relentlessly on all fronts. In this extremely busy period all our efforts have been focused on the launchpad so we have decided to pause activity on the community platform.

    - Now, our strategy is lining up and we are pleased to announce the re-opening of our community platform.

Community platform 101

The Elrond community platform is a great meritocratic tool through which community members around the globe have an opportunity to accelerate Elrond ecosystem growth and be rewarded for it. We are extremely happy to have reached this point together and we want to make sure we continue on this path.

All activities on the community platform are meant to help us with three complementary goals:

    to raise awareness about the Elrond technology
    to educate people about the Elrond ecosystem
    to speed up development with the help of our community

If you are new to the Elrond community, now is your time to join us by registering on our community platform, connect your social media accounts, share articles and news or start helping our developer team by connecting your GitHub account. Your rewards and reputation will be proportional to your efforts.

Social Mining is a concept that helps engage new users, by using all types of social platforms, such as GitHub, Telegram, Twitter, Discord, LinkedIn and many more and leveraging game theory to incentives and create an organic community of skilled long term holders.


Rewards and reset

From the very beginning of the Elrond project, we have been privileged to have people helping us on all fronts. Rewarding those who contribute is key to our identity so we are pleased to announce that 260 community members are part of the first wave of rewards from the community platform. This is only the beginning and we are aware that there is so much more to do, thus working together will benefit everyone.

If you have been part of our journey and have contributed on the community platform please make sure (once you are notified by email) to:

    go through the KYC process on the community platform
    submit your BEP2 address in the google form which will be attached to the email

Keep in mind that the claiming period deadline is the 19th of July, and from now on every month there will be a reset and reward — so buckle up — things will intensify and the competition will be more fierce.

What’s next?

    there will be monthly rewards
    more inclusive campaigns
    more competition

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Website: https://elrond.com/
Telegram: https://t.me/ElrondNetwork
Tele Ann: https://t.me/ElrondNetworkAnn

Protocol stats of the last week. Optimization and stabilization merges this week. Implemented restart of node from storage, it does in an instant. Plus, the first smart contract is running on our private testnet, formally verified, K-framework, IELE. @ElrondNetwork  #blockchain

twitter. com/SasuRobert/status/1139946952001544197?s=20

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Website: elrond. com/
Telegram: t. me/ElrondNetwork
Tele Ann:   t. me/ElrondNetworkAnn