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Information about MultiversX (EGLD)
Elrond is a blockchain protocol that provides extremely fast transaction speeds using sharding. Elrond is a technology ecosystem for the new internet, including fintech, decentralized finance, and the Internet of Things. Elrond’s smart contract execution platform is said to be capable of executing 15,000 transactions per second with a latency of just six seconds and a transaction cost of $0.001.
Elrond also has the advantage of high scalability. The project also supports developers building on the platform, allowing them to earn 30% of smart contract fees in the form of royalties.
EGLD is a token that works on the Elrond blockchain and is used to:
In addition, EGLD is also established as a digital asset to store value.
News
On August 12, the scalable blockchain MultiversX has launched MultiversX Snap on MetaMask.
This new feature provides users with access to its ecosystem and enhances security through two-factor authentication (2FA).
Token Spotlight: MultiversX (EGLD), New generation blockchain with outstanding speed
MultiversX is a new public blockchain architecture. MultiversX’s goal is a global blockchain with transaction speeds of up to 10,000 transactions per second, low latency, and virtually negligible transaction fees.
Details: https://bit.ly/40uWLEA
Google Cloud teams up with MultiversX
Google Cloud’s BigQuery data warehouse has integrated with MultiversX.
This integration will help Web3 projects and users derive valuable insights from powerful data analytics and artificial intelligence tools within the Google Cloud ecosystem.
Crypto browser Opera integrates Layer 1 blockchain MultiversX
Metaverse-focused blockchain MultiversX, formerly known as Elrond, is teaming up with crypto browser Opera to integrate support for its growing ecosystem.
Opera users can explore the decentralized internet with the MultiversX network integrated into the browser’s interface.
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