Elrond Network And ERD Token About. – Serkan
KEY DİFFERENCES
Zilliqa still uses PoW in order to prevent Sybil attacks, while Elrond uses PoS, a much more energy efficient way to prevent Sybil attacks.Zilliqa stores all the Smart Contracts in a single shard, while Elrond will distribute Smart Contracts among all shards in order to be able to parallelize Smart Contract execution. Zilliqa tries to solve scalability by addressing half of the problem, and that is by doing network and transaction sharding — so they bring some of the solution and they can process about 2500 TPS (2828 TPS with 3600 nodes). They do not solve the hardest of the problem which is state sharding.
ELROND NETWORK AND SHARDING
In general, there are several ways in which blockchain and cryptocurrency developers are trying to improve transaction speed in the blockchain, and sharding is one such method. Sharding is a scaling technique inspired by traditional concepts of database optimization. Sharding divides the data into several pieces placed on different environments to be processed.
In general, the more validators and shards, the more transactions the network can process. Elrond introduces a novel state sharding scheme, called Adaptive State Sharding, with a dynamic model that allows the network to adapt to population and demand changes without compromising security, availability and decentralization. Such architecture enables linear scalability, meaning that scalability of the network is designed to grow with the number of shards(and nodes) in the network.
ELROND (ERD) TOKEN INFORMATİONS
Token Name: Elrond (ERD)
Ticker: ERD
Token type: BEP2
Total Token Supply: 20,000,000,000 ERD
ERD TOKEN DİSTRİBUTİON
Private sale tokens comprise 19% of total supply.
Launchpad sale tokens comprise 25% of total supply.
Team tokens comprise 19% of total supply.
Reserve tokens comprise 17% of total supply.
Advisors received 2.5% of total supply.
Ecosystem Rewards tokens comprise 7% of total supply.
Marketing tokens comprise 8.5% of total supply.
Community tokens comprise 2% of total supply.
ELROND OFFİCİAL ACCOUNTS
Web : https:elrond.com
White paper: https://elrond.com/files/Elrond_Whitepaper_EN.pdf
Twitter: https://twitter.com/ElrondNetwork
Facebook: https://facebook.com/elrondnetwork
Bitcointalk: https://bitcointalk.org/index.php?topic=4430681.0
Reddit: https://reddit.com/r/elrondnetwork
Telegram: https://t.me/ElrondNetwork
PUBLİSHER: Serkan DERELİ
Published at Thu, 12 Sep 2019 08:16:42 +0000
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