About Elrond (EGLD)
Market Capitalization$1.56 billion
Coin or TokenCoin
Official Website (Alt)N/A
Message Board (Alt)N/A
Blockchain Explorer (Alt)N/A
Elrond (EGLD) Frequently Asked Questions
What is Elrond?
Elrond is a novel architecture that goes beyond state-of-the-art by introducing a genuine State Sharding scheme for practical scalability, eliminating energy and computational waste while ensuring distributed fairness through a Secure Proof of Stake (SPoS) consensus mechanism. Having a strong focus on security, Elrond’s network is built to ensure resistance to known security problems like the Sybil attack, Rogue-key attack, Nothing at Stake attack, and others. In an ecosystem that strives for interconnectivity, Elrond’s solution for smart contracts offers an EVM compliant engine to ensure interoperability by design. Elrond (ERD) to Elrond (EGLD) swap announcement: "Starting with the 3rd of September (2020) we will officially begin the swap from ERD to eGLD. eGLD will be the native currency of the Elrond economy, and all ERD tokens will gradually be swapped to eGLD tokens. The eGLD ticker is an abbreviation for eGold, denoting the simplest, and most intuitively powerful metaphor of what the Elrond currency aims to become. Starting now, we will use eGold and eGLD interchangeably, to refer to the native Elrond currency." (Description provided by CryptoCompare)
How do I buy Elrond?
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Elrond.
Where can I get Elrond wallet?
Elrond produces its own wallet software that is available for download on its website, which allows you to store Elrond on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of Elrond?
One Elrond (EGLD) is currently worth $67.90 on major cryptocurrency exchanges. You can also exchange one Elrond for 0.00281256 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Elrond in U.S. dollars is $1.56 billion.
How do I mine Elrond?
Elrond is a proof-of-stake (PoS) currency, which means that blocks on the Elrond blockchain are not mined using hashing algorithms like Bitcoin. Rather, coins are earned by "staking" existing coins on the network or by running a master node.
What is the Reddit page for Elrond?
Elrond (EGLD) Price Chart for Monday, August, 8, 2022
Charts Provided by TradingView.
Elrond (EGLD) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as Elrond. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Elrond Coin" over the last 90 days.
Elrond (EGLD) Website Traffic
Elrond (EGLD) Social Media Trends
Elrond (EGLD) News Headlines