Crypto.com Lists Binance Launchpad Token: Best place to purchase ERD at true cost with zero fees and markups
https://blog.crypto.com/crypto-com-lists-elronds-erd/ - Crypto.com, the pioneering payments and cryptocurrency platform, announced today that it has listed Binance Launchpad token, Elrond’s ERD to its App. ERD joins a growing list of cryptocurrencies and stablecoins on the Crypto.com platform, such as bitcoin (BTC), ether (ETH), Litecoin (LTC), XRP, TrueUSD (TUSD), PAXOS (PAX), and its own MCO and CRO Tokens.
Elrond is a highly scalable public blockchain focused on providing security, efficiency, scalability, and interoperability. It has been built with adaptive state sharding and is based on the Secure-Proof-of-Stake consensus mechanism.
With ERD added to the Crypto.com, users can now purchase it at true cost with no fees - credit card and bank transfer both supported. As Crypto.com also offers the MCO Visa Card, this adds additional utility to ERD as users can easily convert cryptocurrencies into fiat currencies and spend at over 40m merchants globally.
Kris Marszalek, Co-Founder and CEO of Crypto.com said: “We are pleased to make Crypto.com a platform for the Elrond community to purchase ERD at true cost. Given the growing selection of digital assets, fiat onramp and lack of fees, Crypto.com is simply the best place to buy, sell and pay with crypto.”
Beniamin Mincu, Founder and CEO of Elrond said: “With Elrond we’ve built perhaps the most scalable and efficient blockchain architecture to date, one that can truly enable real world adoption. We are happy to list Elrond on Crypto.com and bring real utility for the whole Elrond community. Starting today you can shop using ERD directly!”
About Crypto.comCrypto.com was founded in 2016 to accelerate the world’s transition to cryptocurrency. Key products include: the Crypto.com App, the best place to buy, sell, and pay with crypto, the MCO Visa Card, a metal card with no annual fees, and the Crypto.com Chain, which enables users to pay and be paid in any crypto, anywhere, for free. Crypto.com is headquartered in Hong Kong with a 150+ strong team. For more information, please visit:
www.crypto.com.
Note: Elrond’s ERD is not available for Crypto.com App users in the U.S.
Please list in other exchangers, binance in the future wants remove us customers in .com
You can use
https://www.binance.org/en/trade/ERD-D06_BNBBinance is also deploying exchange for US, there are 30 coins / tokens available, but I think the future will be more.
NEW Exclusive Interview in Forbes with Beniamin Mincu, CEO of Elrond: How This Company Is Pushing The Limits Of Blockchain Technology To Achieve ScalabilityBeniamin Mincu, CEO of Elrond
Momentum is gaining among blockchain proponents that the next generation of applications, free from the centralized data monopoly of big tech, is just over the horizon. At the core of the race towards more scalable, decentralized applications (dApps) is the hope that recent advances in the underlying technology, ranging from sharding to proof-of-stake, can provide the type of infrastructure that these dApps need to become widely adopted.
One of the platforms pushing the envelope in the underlying technology is Elrond, a high-value transfer network that relies on secure proof-of-stake consensus and a bleeding-edge integration of sharding with a public blockchain.
Sharding is an ambitious take on scaling public blockchains at the convergence of decades-old technology for horizontal database partitioning and decentralized networks. Elrond has made some significant headway producing a working sharding implementation, and already has a testnet live with an early version of their platform.
I had a chance to speak with Beniamin Mincu, CEO of Elrond, on the progress and future direction of the technology, along with its potential industry-wide implications.
Joresa Blount: Can you give a high-level overview of the technology (i.e., sharding & proof-of-stake) that underpins your network?Beniamin Mincu: 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 (sPoS) algorithm.
The key insight with sharding is that you can partition the network into smaller networks to enable parallel transaction processing. Once you can do that, a new performance paradigm opens up. There are 3 levels of sharding, each posing a more difficult challenge that needs to be solved: transaction sharding (level 1), network sharding (level 2), and state sharding (level 3). After more than one and a half years of work, Elrond has validated the technical model proposed in its technical paper, and has come with a practical solution to the most difficult of the problems that can radically increase performance.
The adaptivity of our sharding model means that unlike other networks, in Elrond, as more nodes join, the network can expand and contract in real-time. In other words, as more nodes join the network to reap validator rewards, new shards are formed based on a clever binary tree model, and scalability increases even further.
The second key innovation in Elrond is its secure proof-of-stake algorithm. Elrond has attempted to depart from the energy-intensive and unsustainable proof-of-work and come up with a solution compatible with a globally scalable architecture. Thus, we employ proof-of-stake to significantly improve energy efficiency and prevent Sybil attacks, random sampling of the consensus group to make it very secure, unpredictable and use of a PBFT consensus variation for breakneck execution speed.
The implication of these improvements is hard to overstate, and businesses are starting to pay attention because, for them, they make all the difference.
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