EGLD Price Prediction - ELROND Price Prediction & Analysis 2022
Welcome or welcome back ~ Lets take a look at EGLD or ELROND ~ 😸
What Is Elrond (EGLD)?
Elrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.
The blockchain has a native token known as eGold, or EGLD, that is used for paying network fees, staking and rewarding validators.
Elrond was first announced in August 2019, and its mainnet went live in July 2020.
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DISCLAIMER:
I am not a financial adviser and my opinions are entirely my own. You should do your own research and inform yourself prior to investing in any market. You should only invest after discussion with your financial adviser. I am not a financial adviser and my statements should not be taken as financial advice.
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