Last week in summary
📱 Battle of Elrond sneak peak: $ERD integration
🤝 Elrond partners with computer vision solutions provider Neurolabs
⚡️Measuring blockchain speed: transaction finality
🌏 An ecosystem of scale - overview
📱 Battle of Elrond sneak peak: $ERD integration
🤝 Elrond partners with computer vision solutions provider Neurolabs
⚡️Measuring blockchain speed: transaction finality
🌏 An ecosystem of scale - overview
Forwarded from Beniamin Mincu | MultiversX
We are excited to enter the last few weeks before the Elrond Genesis Block, leading us into a new era for Elrond.
So today we're starting the #Elrondmainnet thread covering current status and a few exciting things that lay ahead.
The Elrond mainnet will launch once 3 necessary criteria are met:
1 - Economic security via prestaking is reached
2 - TrailofBits & Prysm Audit findings implementation is done
3 - Battle of Nodes running a genesis-ready testnet for 15 days without downtime
During the following weeks we will communicate an update on all relevant steps, covering Economics v1, mainnet validator selection, Battle of Nodes updates, Genesis Block timeline and more.
Stay tuned for Elrond - The Internet-scale Blockchain.
RT: https://twitter.com/beniaminmincu/status/1224672380376797192?s=20
So today we're starting the #Elrondmainnet thread covering current status and a few exciting things that lay ahead.
The Elrond mainnet will launch once 3 necessary criteria are met:
1 - Economic security via prestaking is reached
2 - TrailofBits & Prysm Audit findings implementation is done
3 - Battle of Nodes running a genesis-ready testnet for 15 days without downtime
During the following weeks we will communicate an update on all relevant steps, covering Economics v1, mainnet validator selection, Battle of Nodes updates, Genesis Block timeline and more.
Stay tuned for Elrond - The Internet-scale Blockchain.
RT: https://twitter.com/beniaminmincu/status/1224672380376797192?s=20
Our launch & trading partner Binance has just announced the next round of support for Elrond prestaking via one of their products. The previous similar product has seen 500mn ERD deposited in just one day.
2.7bn $ERD are already staked in our Phase 1 contract. This new wave from Binance will help move that towards 3.2bn $ERD staked, 64% of our ambitious goal.
Stay tuned. Elrond is imminent.
Official announcement: https://www.binance.com/en/support/articles/360039601011
RT: https://twitter.com/ElrondNetwork/status/1225754599916756992?s=20
2.7bn $ERD are already staked in our Phase 1 contract. This new wave from Binance will help move that towards 3.2bn $ERD staked, 64% of our ambitious goal.
Stay tuned. Elrond is imminent.
Official announcement: https://www.binance.com/en/support/articles/360039601011
RT: https://twitter.com/ElrondNetwork/status/1225754599916756992?s=20
Elrond Weekly Tech Update is here!
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https://twitter.com/iulian_pascalau/status/1225855472995049475?s=20
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https://twitter.com/iulian_pascalau/status/1225855472995049475?s=20
Twitter
Iulian Pascalau
Our core philosophy revolves around building & shipping a product which is finished and feature complete. So much, that we keep improving on finished features like consensus. The only #Elrond which will see the light of day is the best @ElrondNetwork. Our…
Last week in summary
⚙️Bootstrapping process zoom-in via #Elrondmainnet
🌊Second wave of prestaking support via Binance product
📊SwissBorg report places Elrond 2nd in the Top Blockchain Projects of 2019
🎓The important processes surrounding Epochs explained by @AdrianDobrita
⚙️Bootstrapping process zoom-in via #Elrondmainnet
🌊Second wave of prestaking support via Binance product
📊SwissBorg report places Elrond 2nd in the Top Blockchain Projects of 2019
🎓The important processes surrounding Epochs explained by @AdrianDobrita
Forwarded from Beniamin Mincu | MultiversX
We are pushing hard to meet the three criteria for the #Elrondmainnet launch.
Most important focus has been on getting things ready for an in-depth security and economics audit. Findings indicate we have a robust network.
Here are a few more details:
By engaging Trial of Bits for a comprehensive security audit, we are benchmarking our security against the highest standards. They do work for Apple, Facebook & DARPA, and we have selected them to make sure the Elrond security is as robust as possible.
We are raising the Elrond economics standard by doing an audit with Harvard PhDs from Prysm Group, who are performing a deep dive into the game theory and mechanism design of our blockchain, to determine immediate effects & long term sustainability of our model.
Both audits require lots of effort and preparation from our team, attempting to simulate and stress-test curious and unpredictable scenarios. The audits part should be done in ~2 weeks, when we'll be prepared for the next level of heavy testing via Battle of nodes.
Our most advanced Battle of Nodes incentivized testnet will begin in the second half of February. The current bug fixes and new features are being deployed to BoNwards, our un-incentivized public testnet, which you can observe here explorer.elrond.com
The next version of BoN will start a trial by fire period for the Elrond Network, which will directly lead to the Genesis launch, once 15 days have passed without any network interruptions. Cannot overstate how exciting and important this period will be.
We are excited for the Genesis validator selection.
The next step in preparation for the Genesis block will require $ERD holders to choose:
- become validators that will run nodes on the Elrond mainnet
- become delegators that will put their $ERD to work via a node operator
Progress is steady and pieces fit together well
It will be a remarkable milestone to finally have a working blockchain with high bandwidth, low latency, high security, and low cost.
Dialup to broadband is happening again, but this time in the blockchain space #Elrondmainnet
RT: https://twitter.com/beniaminmincu/status/1227561432927088641?s=21
Most important focus has been on getting things ready for an in-depth security and economics audit. Findings indicate we have a robust network.
Here are a few more details:
By engaging Trial of Bits for a comprehensive security audit, we are benchmarking our security against the highest standards. They do work for Apple, Facebook & DARPA, and we have selected them to make sure the Elrond security is as robust as possible.
We are raising the Elrond economics standard by doing an audit with Harvard PhDs from Prysm Group, who are performing a deep dive into the game theory and mechanism design of our blockchain, to determine immediate effects & long term sustainability of our model.
Both audits require lots of effort and preparation from our team, attempting to simulate and stress-test curious and unpredictable scenarios. The audits part should be done in ~2 weeks, when we'll be prepared for the next level of heavy testing via Battle of nodes.
Our most advanced Battle of Nodes incentivized testnet will begin in the second half of February. The current bug fixes and new features are being deployed to BoNwards, our un-incentivized public testnet, which you can observe here explorer.elrond.com
The next version of BoN will start a trial by fire period for the Elrond Network, which will directly lead to the Genesis launch, once 15 days have passed without any network interruptions. Cannot overstate how exciting and important this period will be.
We are excited for the Genesis validator selection.
The next step in preparation for the Genesis block will require $ERD holders to choose:
- become validators that will run nodes on the Elrond mainnet
- become delegators that will put their $ERD to work via a node operator
Progress is steady and pieces fit together well
It will be a remarkable milestone to finally have a working blockchain with high bandwidth, low latency, high security, and low cost.
Dialup to broadband is happening again, but this time in the blockchain space #Elrondmainnet
RT: https://twitter.com/beniaminmincu/status/1227561432927088641?s=21
Elrond Weekly Tech Update is here!
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https://twitter.com/sasurobert/status/1228393142015098880?s=21
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https://twitter.com/sasurobert/status/1228393142015098880?s=21
Twitter
Robert Sasu
The purpose of the @ElrondNetwork #blockchain is to improve the experience of every internet user. But sometimes we are developers building for developers. Our new royalties system and tools should excite our fellow programmers. Here’s our week👇
Last week in summary
🛡73.9% staking goal reached > stake here
💸Smart Contract royalties: 30% fees to author
🤓Ranked 3rd for dev activity by @Santiment_Network
🏢Community meetup @ Elrond HQ
🛡73.9% staking goal reached > stake here
💸Smart Contract royalties: 30% fees to author
🤓Ranked 3rd for dev activity by @Santiment_Network
🏢Community meetup @ Elrond HQ
Forwarded from Beniamin Mincu | MultiversX
With each passing week we are getting closer to the #Elrondmainnet 🔥
All focus is on the three necessary criteria for launch: prestaking, security audits & 15 day stability test. Here's an overview on staking, validators, and our game 👇🏻
Excited to have achieved 75% of our staking security goal, having >3.7 Bil $ERD staked via our prestaking smart contract. The ongoing audits have produced some interesting findings, and the audit phase should be done by the end of February.
The validator network is beginning to shape up in preparation for the Genesis block. We are proud to see several members of our community rising to the occasion & preparing to become infrastructure providers. Several other professional validators are aiming to support Elrond.
Starting with next week, community members will be able to test the native Elrond mainnet wallet, generating Elrond mainnet addresses, and testing everything in preparation for the staking and delegation process.
Battle of Elrond, our Samsung exclusive Mobile PvP game, which uses $ERD as in-game currency and rewards, has been submitted for approval via the Samsung's publishing process. Looking forward to do a battle alongside you soon.
We have built Elrond to be compatible with Ethereum's EVM, adding complementary tools and 30% smart contract royalties, enabling devs to deploy existing products on the #Elrondmainnet as well.
We are ~2 weeks away from doing the first feature freeze, finishing the security audits & releasing the next step for staking & delegation, so we're pushing hard to get ready for the final trial by fire BoN challenge. Once 15 days pass w/o interruption Elrond Genesis is ready!
We've talked a lot about Elrond's vision, and now the Elrond Network is almost ready for launch!
It's time for the Elrond community to rally together, and spread the word about our major upcoming milestone.
Stay tuned, #Elrondmainnet is imminent
RT: https://twitter.com/beniaminmincu/status/1230512162495500290?s=20
All focus is on the three necessary criteria for launch: prestaking, security audits & 15 day stability test. Here's an overview on staking, validators, and our game 👇🏻
Excited to have achieved 75% of our staking security goal, having >3.7 Bil $ERD staked via our prestaking smart contract. The ongoing audits have produced some interesting findings, and the audit phase should be done by the end of February.
The validator network is beginning to shape up in preparation for the Genesis block. We are proud to see several members of our community rising to the occasion & preparing to become infrastructure providers. Several other professional validators are aiming to support Elrond.
Starting with next week, community members will be able to test the native Elrond mainnet wallet, generating Elrond mainnet addresses, and testing everything in preparation for the staking and delegation process.
Battle of Elrond, our Samsung exclusive Mobile PvP game, which uses $ERD as in-game currency and rewards, has been submitted for approval via the Samsung's publishing process. Looking forward to do a battle alongside you soon.
We have built Elrond to be compatible with Ethereum's EVM, adding complementary tools and 30% smart contract royalties, enabling devs to deploy existing products on the #Elrondmainnet as well.
We are ~2 weeks away from doing the first feature freeze, finishing the security audits & releasing the next step for staking & delegation, so we're pushing hard to get ready for the final trial by fire BoN challenge. Once 15 days pass w/o interruption Elrond Genesis is ready!
We've talked a lot about Elrond's vision, and now the Elrond Network is almost ready for launch!
It's time for the Elrond community to rally together, and spread the word about our major upcoming milestone.
Stay tuned, #Elrondmainnet is imminent
RT: https://twitter.com/beniaminmincu/status/1230512162495500290?s=20
Twitter
#elrondmainnet hashtag on Twitter
See Tweets about #elrondmainnet on Twitter. See what people are saying and join the conversation.
Elrond Weekly Tech Update is here!
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https://twitter.com/LucianMincu/status/1230940381384237057?s=20
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https://twitter.com/LucianMincu/status/1230940381384237057?s=20
Twitter
Lucian Mincu
Security is the most important component of our @ElrondNetwork #mainnet launch, and also the most time consuming for our relevant team members. The others continue to innovate via network sharding, even more TPS and lean economics execution. Here’s our weekly…
We are proud to announce that Elrond has joined the Industrial Internet Consortium, the world’s leading organization transforming business and society by accelerating the adoption of the Industrial Internet of Things (IIoT).
Through our participation in the IIC’s global agenda, we will provide other members with blockchain knowledge, technology and support. Elrond will jointly drive efficiency increase, mitigate security risks and generate new revenue streams in industrial environments.
You can read more details about the partnership in the official press release: https://www.marketwatch.com/press-release/Elrond-Network-joins-global-IoT-focused-Industrial-Internet-Consortium-2020-02-24
Through our participation in the IIC’s global agenda, we will provide other members with blockchain knowledge, technology and support. Elrond will jointly drive efficiency increase, mitigate security risks and generate new revenue streams in industrial environments.
You can read more details about the partnership in the official press release: https://www.marketwatch.com/press-release/Elrond-Network-joins-global-IoT-focused-Industrial-Internet-Consortium-2020-02-24
Last week in summary
🔀Networking Sharding implementation live on internal testnet
📲Battle of Elrond Mobile Game Submitted to Samsung store
💪🏻Overbooked hands-on workshop @ Elrond HQ
⚔️Battle of Nodes veterans step up to bootstrap Elrond
🔀Networking Sharding implementation live on internal testnet
📲Battle of Elrond Mobile Game Submitted to Samsung store
💪🏻Overbooked hands-on workshop @ Elrond HQ
⚔️Battle of Nodes veterans step up to bootstrap Elrond
The popular Personal finance portal CardRates.com has just published a comprehensive article about Elrond in their news section. The article compares Elrond’s 1000x improvements over existing blockchains with the internet’s move from dial-up to broadband.
It is very encouraging to see a story about blockchain break into mainstream finance media. Decentralized Finance products are obviously seen as valuable tools for improving personal finance, and the quest for the fastest, most secure and inexpensive blockchain to run them is a topic of interest.
You can read the article here: https://www.cardrates.com/news/elrond-is-a-scalable-efficient-and-low-cost-blockchain/
It is very encouraging to see a story about blockchain break into mainstream finance media. Decentralized Finance products are obviously seen as valuable tools for improving personal finance, and the quest for the fastest, most secure and inexpensive blockchain to run them is a topic of interest.
You can read the article here: https://www.cardrates.com/news/elrond-is-a-scalable-efficient-and-low-cost-blockchain/
Forwarded from Beniamin Mincu | MultiversX
Preparing the #Elrondmainnet launch is like putting final touches on building a machine that builds other machines. The levels of complexity involved are daunting, yet once live, its implications will redefine blockchain from a merely cool tech to an indispensably useful one
Navigating this complexity, pushing the several implemented features into the main branch, and solving countless tricky bugs seems like an uphill battle, but one right before reaching the top of a breathtaking mountain.
It's difficult, but gratifying to have the top in sight.
Our prestaking process is going well: >75% of staking goal reached & top tier rewards unlocked. Launching w/ 1.500 nodes would mean ~2.5mn ERD per node. The next step will involve using our new Elrond wallet to generate a native mainnet ERD address. Testing it internally now.
We went through an intensive process of compiling the Elrond economic map which has been submitted for an audit. The auditors will deliver their findings and feedback next week.
As soon as feedback is received we will begin a community discussion on the Elrond economic model.
As pieces of our puzzle come together, one of the first & most powerful apps we'll build on Elrond, is a maximally useful version of money, one you can transfer globally, in an instant, and at negligible cost 🌏
Next update out once we're past the feature freeze🔥
RT: https://twitter.com/beniaminmincu/status/1233327393726779394?s=20
Navigating this complexity, pushing the several implemented features into the main branch, and solving countless tricky bugs seems like an uphill battle, but one right before reaching the top of a breathtaking mountain.
It's difficult, but gratifying to have the top in sight.
Our prestaking process is going well: >75% of staking goal reached & top tier rewards unlocked. Launching w/ 1.500 nodes would mean ~2.5mn ERD per node. The next step will involve using our new Elrond wallet to generate a native mainnet ERD address. Testing it internally now.
We went through an intensive process of compiling the Elrond economic map which has been submitted for an audit. The auditors will deliver their findings and feedback next week.
As soon as feedback is received we will begin a community discussion on the Elrond economic model.
As pieces of our puzzle come together, one of the first & most powerful apps we'll build on Elrond, is a maximally useful version of money, one you can transfer globally, in an instant, and at negligible cost 🌏
Next update out once we're past the feature freeze🔥
RT: https://twitter.com/beniaminmincu/status/1233327393726779394?s=20
Multiversx
The Internet-Scale Blockchain | MultiversX
MultiversX is a distributed blockchain network for next-gen applications. Decentralized via 3000+ nodes, scalable through sharding, fast, secure & green.
Elrond Weekly Tech Update is here!
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https://twitter.com/iulian_pascalau/status/1234083901884313601?s=20
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https://twitter.com/iulian_pascalau/status/1234083901884313601?s=20
Twitter
Iulian Pascalau
All the talk on the first day of spring is about flowers and blossoms and a new cycle of life starting. This is very much in tune with the work of developers, who tend to their repositories like gardeners to their flowers. Here’s what’s blooming in @ElrondNetwork…
Berlin's dGen have compiled a comprehensive report about the European blockchain landscape. Elrond is highlighted in the Malta section, where we are incorporated, while our CEO Beniamin Mincu is featured as a key thought leader in the pan-European space.
You can view the full report here: http://bit.ly/elrond-BlockchainInEU
You can view the full report here: http://bit.ly/elrond-BlockchainInEU
Last week in summary
⚙️Elrond joins the Industrial Internet Consortium
📰Card Rates publishes a comprehensive article about Elrond
🛡75% staking goal reached - Top Tier Unlocked!
⚡️New miniblock creation mechanism finalized, resulting in increased TPS
⚙️Elrond joins the Industrial Internet Consortium
📰Card Rates publishes a comprehensive article about Elrond
🛡75% staking goal reached - Top Tier Unlocked!
⚡️New miniblock creation mechanism finalized, resulting in increased TPS
Last week in summary
🗂Elrond & Beniamin Mincu are featured in Decentralised Generation’s report
🛸18.000 TPS achieved in internal tests, soon in BoNwards
📄The system Staking & Delegation smart contract is ✅
🙏🏻Contributed our WASM VM advancements in the original Wasmer project
🗂Elrond & Beniamin Mincu are featured in Decentralised Generation’s report
🛸18.000 TPS achieved in internal tests, soon in BoNwards
📄The system Staking & Delegation smart contract is ✅
🙏🏻Contributed our WASM VM advancements in the original Wasmer project
Many have been searching for the next Google in the wrong place - At Elrond we think blockchain has the answer.
Read the full interview with @beniaminmincu exclusive on Eu-Startups:
https://www.eu-startups.com/2020/03/the-next-amazon-and-google-will-come-up-from-the-blockchain-space-interview-with-elronds-ceo-beniamin/
RT: https://twitter.com/ElrondNetwork/status/1237369525739442177?s=20
Read the full interview with @beniaminmincu exclusive on Eu-Startups:
https://www.eu-startups.com/2020/03/the-next-amazon-and-google-will-come-up-from-the-blockchain-space-interview-with-elronds-ceo-beniamin/
RT: https://twitter.com/ElrondNetwork/status/1237369525739442177?s=20
EU-Startups
“The next Amazon and Google will come up from the blockchain space”: Interview with elrond’s CEO Beniamin
Blockchain is certainly a buzzword right now, and there is no stopping the number of blockchain startups popping up all over Europe. One to watch is elrond, a team that is completely rethinking the public blockchain infrastructure. Incorporated in Malta in…
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We’re excited to announce our partnership with Feeel Health - an instant healthcare platform for Europe.
Elrond will provide a trust layer to protect patient records, unlock data for medical advancement & help decrease the burden on the healthcare industry
Read the press-release: https://finance.yahoo.com/news/elrond-partners-feeel-health-blockchain-115030149.html
RT: https://twitter.com/ElrondNetwork/status/1238090853102518272?s=20
Elrond will provide a trust layer to protect patient records, unlock data for medical advancement & help decrease the burden on the healthcare industry
Read the press-release: https://finance.yahoo.com/news/elrond-partners-feeel-health-blockchain-115030149.html
RT: https://twitter.com/ElrondNetwork/status/1238090853102518272?s=20