• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
  • Play Finance
Breaking News: Billionaire VC Tim Draper Tells Businesses To Keep Payroll In Bitcoin
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
  • Play Finance
Bitcoinist.com
No Result
View All Result
Breaking News: Billionaire VC Tim Draper Tells Businesses To Keep Payroll In Bitcoin
Advertisement

MEXC Global Enters Into Strategic Partnership With Elrond Network To Supercharge Web3 Adoption

Bitcoinist by Bitcoinist
1 year ago
in Press releases
0
Advertisement

The leading digital asset and cryptocurrency platform MEXC Global announces a strategic partnership with Elrond Network, the internet-scale blockchain.

Elrond is a distributed transactional computation protocol which relies on a sharded state architecture and a secure Proof of Stake consensus mechanism. While most other blockchain networks require expensive hardware and high energy consumption, Elrond uses the efficient Secure PoS consensus and is Carbon-Negative certified because it offsets more CO2 than the network is accountable for.

Don't wait! Jump on this Crypto Deal and get a 150% Welcome Bonus plus 100 Free Spins on your deposit today!

By employing Adaptive State Sharding, a method of parallelizing data & transactions processing, Elrond’s performance can scale with demand by adding more shards, reaching more than 100,000 transactions per second while growing increasingly decentralized.

As a scalable and high-performance blockchain, Elrond helps innovators to optimize costs, add security & transparency, or discover new business models. The network is attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.

The native token of the Elrond Network ($EGLD) used for paying transactions, running smart contracts and securing the network through staking, will be listed on MEXC Global.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!

“The strategic collaboration with MEXC is a massive step forward in our continued efforts to bridge the Elrond Network to new markets and funding opportunities, further accelerating projects building with internet-scale technology on their paths towards massive adoption.” said Beniamin Mincu, Elrond Network CEO.

“Elrond is a team of talents and focused on building up the PoS consensus mechanism,” said Katherine Deng, VP at MEXC Global. “With the ecosystem’s quick expansion, we look forward to working closely with Elrond to support and promote more developers and projects as they grow.”

The partnership between Elrond and MEXC Global will focus on identifying exceptional projects on Elrond and supporting them with guidance, funding and access to new markets. With more than 7 million users around the world, MEXC Global will not only provide $ELGD with added liquidity, but also be a strong contributor to help the Elrond ecosystem to build a more robust internet economy in the coming future.

About MEXC Global

Established in April 2018, MEXC Global is a digital asset trading platform with over 7 million users, which offers users one-stop services including spot, margin, leveraged ETFs, derivatives trading and staking services. The core members of the team come from international enterprises and financial companies and have experience in blockchain and financial industries.

For more information, please visit our website and blog. Follow MEXC Global at Twitter and Telegram.

About Elrond

Elrond is a new blockchain architecture, designed from scratch to bring a 1,000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 10,000 transactions per second (TPS), with 5-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.

 

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Bitcoinist

Bitcoinist

Bitcoinist is the ultimate news and review site for the crypto currency community!

Related Posts

Tremendous Growth in TMS Network (TMSN), While SingularityNET (AGIX) Falls and Cardano (ADA) Rises

Tremendous Growth in TMS Network (TMSN), While SingularityNET (AGIX) Falls and Cardano (ADA) Rises

43 mins ago
TMS Network (TMSN) Unveils Innovative Ideas for the Future, with Cardano (ADA)’s Crucial Level and Solana (SOL)’s Price Dip in the Mix

TMS Network (TMSN) Unveils Innovative Ideas for the Future, with Cardano (ADA)’s Crucial Level and Solana (SOL)’s Price Dip in the Mix

43 mins ago
TRON (TRX) and Tether (USDT) Fail to Impress Investors, TMS Network (TMSN) Takes the Lead

TRON (TRX) and Tether (USDT) Fail to Impress Investors, TMS Network (TMSN) Takes the Lead

44 mins ago
Chainlink (LINK) And Cosmos (ATOM) Holders Are Boosting Their Portfolios With Orbeon Protocol (ORBN)

Chainlink (LINK) And Cosmos (ATOM) Holders Are Boosting Their Portfolios With Orbeon Protocol (ORBN)

3 hours ago
3 tokens under $5 to skyrocket in 2023, Polygon (MATIC), RenQ Finance (RENQ), and Cardano (ADA)

3 tokens under $5 to skyrocket in 2023, Polygon (MATIC), RenQ Finance (RENQ), and Cardano (ADA)

5 hours ago
Avorak ICO Third Phase Brings Better Profit Than XRP Price Push

Avorak ICO Third Phase Brings Better Profit Than XRP Price Push

1 day ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Top Casinos

BitStarz
BitStarz
Punt Casino
Punt Casino
mBit
mBit
1xBit
1xBit
UU.Game
UU.Game
K8
K8

Press Releases

  • Tremendous Growth in TMS Network (TMSN), While...

    43 mins ago
  • TMS Network (TMSN) Unveils Innovative Ideas for the Future...

    43 mins ago
  • TRON (TRX) and Tether (USDT) Fail to Impress Investors, TMS...

    44 mins ago
  • Chainlink (LINK) And Cosmos (ATOM) Holders Are Boosting...

    3 hours ago
  • 3 tokens under $5 to skyrocket in 2023, Polygon (MATIC)...

    5 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
  • Play Finance

© 2022 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.