You can buy eGold (EGLD) straight from Maiar using through bank transfers, Apple Pay, Samsung Pay, Visa, Mastercard & Revolut transfers.
How to buy:
1. Click the ➕Buy button in the Vault
or Click the big blue Elrond logo in the middle & click ➕Buy
2. Select one of the payment processors:
3. Make the payment
4. Done ✔
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Elrond is a highly scalable, fast and secure blockchain platform for distributed apps, enterprise use cases, and the new internet economy.
Elrond was co-founded in late 2017 by brothers Beniamin and Lucian Mincu alongside Lucian Todea as a solution to the problem of blockchain scalability, which they thought to be the most pressing problem facing the industry.
Highly determined team:
According to CoinMarketCap, the Elrond economic model has a limited supply that starts at 20,000,000 EGLD, with new tokens minted to reward network validators.
The maximum supply can never exceed 31,415,926 EGLD, but this number will decrease as more transactions are processed.
Blockchain technology will open an era of unparalleled opportunity.
EGLD can be purchased on cryptocurrency exchanges such as:
Don’t Risk More Than You Can Afford to Lose!
Elrond employs random sampling of validators and block proposer every round from the shard nodes.
This way the time the validators are exposed is limited to one round (5 seconds), so only 1 Globally Predictable, which increases the security of Elrond against bribing and DDoS compared to Ethereum.
According to its economics paper, it seeks to build up its ecosystem and establish EGLD as a store-of-value asset.
Maiar (usually called the future of money) is a digital wallet and global payments app that allows you to exchange and securely store money on your mobile phone.
It is using the Elrond blockchain's internet-scale performance, scaling beyond 100,000 transactions per second, to reimagine how people interact with money, assets, titles of ownership or any value transfer for that matter.
Cosmos is an interoperability chain for all other chains. Apps and services connect using IBC (Inter-Blockchain Communication) protocol. It helps with:
The ATOM coin is used only for staking and developers don't have to pay to use the SDK. This made the platform popular amongst Indian and Chinese developers. It also means that platform traffic does not necessarily inflates the price.
Ethereum is a “world computer”: It lets people build apps & products with money baked into the code. If you believe that web3 is going to continue to grow, then you likely believe that over time,
Ethereum will become the “settlement layer” of the internet: All sorts of transactions (whether on-chain or even Visa) will turn to Ethereum to exchange funds and keep secure, immutable records.
Owning ETH is like owning shares on the internet. Demand for ETH will go up with increased web3 adoption, while upcoming changes will decrease the supply of ETH and let more value accrue to holders.
Bitcoin created a decentralized monetary system which can transfer money from one person to another. That only allowed for monetary transactions, there was no way to add conditions to those transactions:
Alice can send Bob 5 BTC, but she couldn’t tell Bob that he will get the money only if he performed certain tasks.
These conditions are a smart contract: self-executing with specific instructions written in its code which get executed when certain conditions are made.
Say Alice wants to buy a house. The seller will receive the funds only if property rights are cleared and after the rights have been transferred over.
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