Voyager Digital announces the listing of Elrond Gold token
News Publisher Jan 19, 2021 07:00
Voyager digital has just listed the Elrond gold token on it’s exchange
Voyager digital has just announced that it will be listing the Elrond Gold token on its exchange. This is a big news story for those of us that have been excited for the release of Elrond onto the exchange market in recent months. Elrond has already shown itself to be a worthy entry into the world of cryptocurrencies with the recent successes the company has had, making it even more exciting as an investment option for crypto enthusiasts.
About Elrond
If you’re not already aware of Elrond, it is said to be a highly scalable, fast and secure blockchain platform for distributed apps, enterprise use cases and the new internet of money economy. Elrond’s native token, eGold, also known as EGLD, is used for paying network fees, staking, and rewarding validators. Some of the use cases for EGLD apply to fintech, DeFi, and the Internet of Things.
Elrond’s CEO, Benjamin Mincu, is a pioneer in thought leadership around the internet of money mindset and is a strong advocate of a transition from a traditional centralised finance framework to a decentralized one.
“The successful transition from traditional to decentralized finance will help our regulatory framework evolve in many positive ways. A publicly-traded company built to simplify onboarding to the crypto space is a powerful catalyst toward unlocking blockchain's multi-trillion-dollar potential. We're excited to work with Voyager towards compliant adoption at an internet-scale.", said Elrond CEO and co-founder Beniamin Mincu.
About the Elrond Blockchain
The Elrond blockchain is an internet-scale blockchain, designed to enable a much faster blockchain transfer and throughput speed than conventional blockchain technologies.
The way the blockchain achieves this is through two key innovations, these innovations are:
- A novel Adaptive State Sharding mechanism
- Secure Proof of Stake (PoS) algorithm
This enables linear scalability that is extremely fast, secure, efficient and has a robust consensus mechanism.
The result of this is that Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency.
Furthermore, this all comes with a negligible cost to the transfer and users.
All in all, Elrond is attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
Elrond Statistics so far
So far, Elrond has had some quite substantial success, which is an important thing to consider for any investor. Namely, Elrond has already written over 1,4 million lines of code. The company has made 120 releases. Elrond has Bootstrapped the mainnet on a network of 2,169 validators from all over the world. The company has more than 90,000 active accounts, 1,3 million transactions have been processed, and The ecosystem includes 115 businesses and startups working on integrating and building on Elrond.
Elrond ecosystem valuation has grown from roughly $10 million to almost $500 million, and the Elrond community consists of approximately 190,000 people, spanning 18 languages and nearly 30 countries.
About Voyager Digital Ltd.
Voyager Digital is a crypto exchange, but it is different in several key ways. The first way is that it is a publicly listed company. This makes Voyager Digital substantially more secure than some of its rivals in the marketplace for smaller exchanges as it is held to the highest standards of reporting by its listing agent. This means that along with having excellent execution, the custody of your money, both fiat and crypto is much safer.
The exchange is headed up by a fantastic team of co-founders and executives from Wall St. and Silicon Valley. You’re probably wondering why this is important for you to know when it comes to your trading activity. Well with a team like this behind the exchange it means that you’re going to be getting the best experience possible. Think of it like going into a salon, if you have the best makeup artist you’re going to go out looking amazing, it’s the same thing for Voyager DIgital, you’re joining an exchange that has the most compelling team, so your experience is going to be top-notch.
Why you should be looking at Elrond
Elrond is a new digital currency that is positioning itself for rapid growth in 2021. The result of this growth could potentially mean that the value of the Elron Gold (EGLD) token should be worth substantially more than it is worth today if all goes according to plan in the Elrond offices.
It is safe to say that the technology behind the Elrond blockchain is revolutionary and can potentially change the way the finance industry operates forever. If Elrond can pull off what it is promising, expect to see it in use all around the globe by major players in a short period.
About Voyager Digital Ltd.
Voyager Digital is a crypto exchange but it is different in a number of key ways. The first way is that it is a publicly listed company. This makes Voyager Digital substantially more secure than some of its rivals in the marketplace for smaller exchanges as it is held to the highest standards of reporting by it’s listing agent. This means that along with having excellent execution the custody of your money, both fiat and crypto, is much safer.
The exchange is also headed up by an amazing team of co-founders and executives from Wall St. and Silicon Valley. You’re probably wondering why this is important for you to know when it comes to your trading activity. Well with a team like this behind the exchange it means that you’re going to be getting the best experience possible. Think of it like going into a salon, if you have the best makeup artist you’re going to go out looking amazing, it’s the same thing for Voyager DIgital, you’re joining an exchange that has the most compelling team so your experience is going to be top notch.
Why you should be looking at Elrond
Elrond is a new digital currency that is positioning itself for rapid growth in 2021. The result of this growth could potentially mean that the value of the Elron Gold (EGLD) token should be worth substantially more than it is worth today if all goes according to plan in the Elrond offices.
It is safe to say that the technology behind the Elrond blockchain is revolutionary and can potentially change the way the finance industry operates forever. If Elrond can pull off what it is promising, expect to see it in use all around the globe by major players in a short period of time.
Image source: Voyager Digital