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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

How much can you earn while securing the Elrond Network?

By answering this, one of our community members came up with an Elrond Staking Calculator 🙌🏻

Check it out!

https://stakingelrond.com

Elrond joins the Binance Chain Alliance

Our core mission is to push towards creating new economic paradigms, driving efficiency increase & ethical behavior in legacy institutions and empowering individuals with unprecedented socio-economic and political influence.

We believe this to be achievable in a collaborative environment where different projects act as partners instead of competitors in a zero-sum game. Therefore we are thrilled to have joined the BCA.

Read more about our contribution to BCA ⬇️⬇️
http://bit.ly/elrond-bca

Last week in summary

1️⃣ Dubai event PR - https://www.asiablockchainreview.com/elrond-hosts-one-day-blockchain-event-in-dubai/
2️⃣ Elrond Network’s Golang implementation has exceeded 1,000,000,000 transactions - https://news.1rj.ru/str/ElrondNetworkAnn/197
3️⃣ Elrond Staking Calculator - https://stakingelrond.com
4️⃣ First lessons on double-signing in a sharded architecture — Testnet v1016 - https://medium.com/elrondnetwork/first-lessons-on-double-signing-in-a-sharded-architecture-testnet-v1016-ba6ea7c226cb
5️⃣ Weekly Tech Update - https://news.1rj.ru/str/ElrondNetworkAnn/199
✅ Elrond wins G.Crypto community voting - https://news.1rj.ru/str/Generation_Crypto/719

We are excited to announce a new strategic partnership with @ContentosGlobal —The Decentralized Global Content Ecosystem

The partnership will capitalize on existing synergies between our respective ecosystems, further enhancing them in the process:

➡️ Elrond’s CryptoBubbles.io will reward its players with COS tokens, in addition to reputation and (later) ERD tokens
➡️ CryptoBubbles.io players will be able to one-click stream directly onto COS.TV
➡️ The first ever LIVE AMA on COS.TV will be held by the Elrond team.
➡️ Contentos will also feature Elrond’s own channel on COS.TV
➡️ Together we will cooperate for cross online promotion of our projects on COS.TV
➡️ Elrond will also support the Contentos mainnet launch on the 25th of September by running our very own COS node.

Read more:
http://bit.ly/erd-cos

We're upgrading our community channels by adding a forum!

Join thought provoking debates, ask challenging questions, contribute your insights and watch the respect you gain from the community materialize as reputation, ranks, badges and perks 💬

forum.elrond.com/index.php

Last week in summary

1️⃣ Elrond joins the Binance Chain Alliance - http://bit.ly/elrond-bca
2️⃣ Korea blockchain week announcement - https://twitter.com/ElrondNetwork/status/1176812794253123584?s=20
3️⃣ New strategic partnership with @ContentosGlobal - http://bit.ly/erd-cos
4️⃣ Weekly Tech Update - https://twitter.com/oxsy_sibiu/status/1177659778228731904?s=21
5️⃣ Forum launch - forum.elrond.com/index.php
✅ 24 hours CryptoBubbles.io tournament