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3 Feb 08:43

Elrond (eGLD) News

Latest news on Elrond, a blockchain technology designed to bring a 1000-fold cumulative improvement in throughput and execution speed. Elrond is claimed to be the first blockchain platform to utilize Secure Proof of Stake (SPoS) consensus mechanism, enabling linear scalability with a fast, efficient, and secure consensus protocol. The platform is designed to deliver high throughput and low latency while maintaining the decentralization and security of the Elrond network. Elrond's native token, eGLD, is a utility token that is used to power the Elrond network. eGLD can be used to pay for transaction fees, gas, and other services on the Elrond network.

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