Dear BitMax.io Community,

BitMax.io is planning to conduct an AMA session on Tuesday, August 20th, at 3:00 p.m. EDT with Elrond (ERD) project. Shane Molidor, Global Head of Business Development of BitMax.io, Beniamin Mincu, Co-founder and CEO of Elrond, will co-host the session and answer the questions from the community. We encourage and welcome every community member to join the discussion.

Please make note of the following rules before joining the AMA session:

1. Please be professional and courteous to your host and the members of community. No improper nor inflicting negative language will be tolerated. Be respectful to the team and other community members. Violations of this rule during the AMA period will result in the removal from the community.

2. Please refrain from responding to other members’ questions.

3. Please keep your comment / question succinct. One question per post please.

4. No repeat of the questions that someone else has already asked.

For those who have not followed us on Telegram yet, please join BitMax.io English Telegram Official Community via the link below:
https://news.1rj.ru/str/BitMaxioEnglishOfficial

For any question, please feel free to contact our customer service team.

Email: support@bitmax.io
Telegram: BitMax_Official
Thank you for the continuous support.
BitMax.io Team

BitMax.io Listing of Elrond (ERD) - Upcoming Airdrop & BitTreasure

To celebrate listing of Elrond (ERD), BitMax.io will launch 2 promotional events.

⚡️ Event 1: ERD Airdrop to Newly-registered Users

The event runs from 10:00 a.m. EDT on August 21st, 2019 to 10:00 a.m. EDT on August 27th, 2019.

Top 1,000 new users who register via the exclusive link and complete KYC V2 will each receive 3,000 ERD with lock-up status as reward. Tokens will be displayed on the user’s My Asset page under ERDLCK.

⚡️Event 2: ERD BitTreasure

The event runs from 10:00 a.m. EDT on August 21st, 2019 to 10:00 a.m. EDT on August 27th, 2019.

Users can transfer ERD to BitTreasure and earn interest on a daily basis.


Read the full terms and conditions here ⬇️⬇️
https://bitmaxhelp.zendesk.com/hc/en-us/articles/360034680073

Bitmax listing of Elrond promotional events (Airdrop & BitTreasure) are now LIVE.

⚡️ Event 1: ERD Airdrop to Newly-registered Users

Top 1,000 new users who register via the exclusive link and complete KYC V2 will each receive 3,000 ERD with lock-up status as reward. Tokens will be displayed on the user’s My Asset page under ERDLCK.

⚡️Event 2: ERD BitTreasure

Users can transfer ERD to BitTreasure and earn interest on a daily basis.

Read the full terms and conditions here ⬇️⬇️
https://bitmaxhelp.zendesk.com/hc/en-us/articles/360034680073

YOU did this!

And if you haven’t joined the team yet, don’t miss out on the fun and rewards, join us here: https://community.elrond.com

12,000,000 ERD rewarded so far!

#wave3 is live

Last week in Elrond

1️⃣ Elrond and Matic partnership - http://bit.ly/elrond-matic
2️⃣ Elrond listed on BitMax.io - https://bitmax.io/#/trade/btc/erd
3️⃣ Elrond & Bitmax AMA - https://medium.com/@randy_arantalika/elrond-network-ama-on-bitmax-io-official-english-channel-20th-august-2019-9aedd51b3b33
4️⃣ BitTreasure event - https://bitmaxhelp.zendesk.com/hc/en-us/articles/360034680073
5️⃣ Community contributions wave 3 is now live - https://news.1rj.ru/str/ElrondNetworkAnn/180
6️⃣ Elrond Weekly Tech Update - https://twitter.com/lucianmincu/status/1164936051397316609?s=21
✅ Over 1000 new accounts on https://CryptoBubbles.io
✅ South Korea highlights - https://twitter.com/beniaminmincu/status/1165266370218647552?s=20

Elrond Community x CryptoBubbles.io tournament

The wait is over! We are kicking-off the first ever CryptoBubbles.io tournament.

It’s time to put all those hours of practice at good use in an Elrond Style Competition.
Keep in mind that reputation is scarce for wave 3, so winning is a must 💥

Here’s what you need to know:

Step 1 If you don’t have an account, open one now https://CryptoBubbles.io - If you already own one START PLAYING


(IMPORTANT: make sure to confirm your email, winners will be contacted to confirm their platform username via EMAIL)

Step 2 EAT ALL THE BUBBLES and secure a position on the top 30 leaderboard until http://bit.ly/CB-tournament-1

Step 3 Check the ranking on https://cryptobubbles.io/leaderboard/tournament

Step 4 Join like minded players on @ElrondNetwork_CB


REWARDS
Rank 1 - 0.3 REP 4000 points
Rank 2 until 15 - 0.2 REP 3500 points
Rank 16 until 30 - 0.1 REP 3000 points

We are excited to join BEPSwap as a launch partner

BEPSwap is the first go-to market platform for the THORChain protocol meaning any BNB or BEP2 holders are capable of swapping BEP2 tokens instantly from their wallet.

This partnership has many benefits for ERD token holders, such as increased liquidity and earning staking rewards.

Additional benefits include:
➡️THORChain will acquire off the market ERD tokens between now and the launch in order to bootstrap the Elrond pool.
➡️THORChain and Elrond will work together to promote the ecosystem.
➡️Elrond will be able to stake some parts of their treasury into the pool to offer even more liquidity to token holders.
➡️ERD token holders will be able to stake ERD tokens in order to earn on trade commissions every day.

BEPSwap is scheduled for public beta in 4–6 weeks.

We’re happy to be able to offer our communities more opportunities together.

Read more here: https://medium.com/thorchain/elrond-erd-joins-as-bepswap-launch-partner-36e6a238ad1d

Awesome news! We are now on Blockfolio.com Signal!

Add $ERD and get instant updates from the core team

https://blockfolio.com/coin/ERD

Our latest newsletter is out. Check your inboxes or read it here ⬇️⬇️

http://bit.ly/elrond-newsletter15 📫

Last week in summary

1️⃣ Elrond Community x CryptoBubbles.io tournament - https://news.1rj.ru/str/ElrondNetworkAnn/183
2️⃣ Elrond joins BEPSwap.com as launch partner - https://medium.com/thorchain/elrond-erd-joins-as-bepswap-launch-partner-36e6a238ad1d
3️⃣ Elrond is now on Blockfolio.com - https://blockfolio.com/coin/ERD
4️⃣ We’ve sent out our 15th newsletter - http://bit.ly/elrond-newsletter15
5️⃣ Elrond Weekly Tech Update - https://twitter.com/radu_chis/status/1167476576705011713
✅ Over 1500 CryptoBubbles.io players
✅ Over 200+ people rewarded with ~7,000,000 ERD through our community contribution programme

📺 Watch Elrond developers shoot laser beams of code goodness into the source code tree!

This video is a visual representation of part of the extraordinary journey we embarked on almost 2 years ago - building one of the most innovative blockchain technologies in the world. The immense task of delivering a state of the art, fully sharded blockchain architecture was only possible with the contribution of brilliant minds coming together driven by the same purpose - to redefine how we perceive transfer of value.

https://www.youtube.com/watch?v=u3w14n24CSg

🌏 World meets Elrond tour. Here’s what’s coming next:

🇦🇪 Dubai: 8 - 10 September
🇮🇱 Tel Aviv: 12 - 16 September
🇰🇷 Seoul: 26 September - 4 October
🇯🇵 Osaka: 8 - 11 October
🇪🇸 Barcelona: 24 - 31 October
🇺🇸 San Francisco: 28 October - 3 November
🇩🇪 Regensburg: 30 October

Last week in summary

1️⃣ Elrond’s Journey: Git Visualization - https://www.youtube.com/watch?v=u3w14n24CSg
2️⃣ Elrond is now on Messari’s disclosure registry - https://messari.io/asset/elrond#profile
3️⃣ World meets Elrond tour - https://news.1rj.ru/str/ElrondNetworkAnn/190
4️⃣ Community registrations for the upcoming TestNet version - https://docs.google.com/spreadsheets/d/1D6CEyw6ug8fOK4AtvhWXhFzeb_CPnrVKROjDKvP9g6E/edit?usp=sharing
5️⃣ Weekly tech update - https://twitter.com/AdrianDobrita/status/1170005062153904132
6️⃣ Elrond-go repository wiki - https://github.com/ElrondNetwork/elrond-go/wiki
✅ CryptoBubbles.io flash campaign

Elrond launches the new Virtual Machine, or better said VM's - as we now support 3 more engines

Elrond is built with security and speed in mind. We have shown transaction processing speeds of more than 50k TPS on our sharded architecture and a mature, fast VM is imperative to keep up with our protocol. Integrating WASM, a crucial component of the new decentralized web, is a step forward in achieving very high throughputs even for smart contracts transactions. The advantages of WASM don’t stop here: support for multiple languages, sandboxed environment, developed and maintained by major companies. Our super-fast, specialized adapter combined with the bare-boned WASM engines, have reached very high processing speeds.

Detailed blog-post here ⬇️⬇️
https://medium.com/elrondnetwork/improving-the-performance-of-smart-contract-execution-5e62808679ac

Last week in summary

1️⃣ Dubai meetup - https://twitter.com/ElrondNetwork/status/1170970812435902464?s=20
2️⃣ New VM launch - https://medium.com/elrondnetwork/improving-the-performance-of-smart-contract-execution-5e62808679ac
3️⃣ CryptoBubbles upgrades - https://cryptobubbles.io
4️⃣ Ethereal Summit (Tel Aviv) panel - https://twitter.com/EtherealSummit/status/1173233057161048065?s=20
5️⃣ New testnet release onboarding - https://docs.google.com/spreadsheets/d/1D6CEyw6ug8fOK4AtvhWXhFzeb_CPnrVKROjDKvP9g6E/edit#gid=379578309
6️⃣ Weekly tech overview - https://twitter.com/iulian_pascalau/status/1172578783465017344?s=20
✅ New community platform tasks

H.H Sheikh Mohammed bin Rashid Al Maktoum has set a new vision for Dubai to make it the first city fully powered by Blockchain by 2020.

Being at the forefront of blockchain innovation, it is our interest to explore opportunities in areas of the world open for blockchain adoption. Our event that hosted more than 30 Senior Level Leaders from Government and Private organizations has been a success and through it we have done the first steps by opening up discussions about Elrond’s technological innovations for Dubai.

Read more about it ⬇️⬇️
https://www.asiablockchainreview.com/elrond-hosts-one-day-blockchain-event-in-dubai/

Up until now Bitcoin has a total number of ~455,400,000 transactions processed since 2008 (10+ years)

But what I am most excited about today is that Elrond Network’s Golang implementation has exceeded 1,000,000,000 transactions in ~96 hours.

Notes on 1b claim **
-> 1b Cross-Shard transaction processed
-> Network Setup: 5 shards + Metachain
-> 1 consensus round missed on 96+ hours uptime (5s consensus round time)
-> no single crash reported
-> ~60% (dual core) CPU load and ~1GB RAM used on t3.medium instances
Also, about 48 hours ago we released Testnet-1016

First double sign shard attack

YES! First official double sign attack managed to halt the entire shardID 4 when of the validators tried to move his docker image to another host just about 10 minutes after genesis.

This happened in one of the first Cosmos GoS (Game of Stakes) versions, when one of the validators has double signed (two machines with same key have signed two different blocks at same height), and yes, GoS halted too!
Yesterday was our turn, and we learned our lesson too.

Besides that here’s some insights:
-> 211 validator nodes participating in this testnet release
-> deployed a hot-fix patch with the community to unfreeze the halted shard 4 after double sign incident
-> 20,000,000 txs executed and around 22,266 blocks proposed on each shard.

The dedication @ElrondNetwork’s team is beyond imagination.

ps. @ElrondNetwork does not require 5-10k $ machines for a PoS*-called protocol, you’re cool with your dual-core CPU too. Join us here https://riot.im/app/#/room/#elrond:matrix.org


https://twitter.com/lucianmincu/status/1174041645819531267?s=21