The post A Scalable And Efficient Blockchain Network And EGLD token appeared on BitcoinEthereumNews.com. MultiversX, originally – Elrond network, is a blockchain platform designed to provide high throughput, scalability, and fast transaction speeds while maintaining a high level of security. It aims to enable efficient decentralized applications (DApps) and provide a user-friendly experience for both developers and users.  A sharding architecture MultiversX employs a sharding architecture called Adaptive State Sharding, which divides the network into smaller shards, each capable of processing transactions and smart contracts independently. This design aims to significantly increase the network’s throughput and scalability. It uses a secure Proof-of-Stake consensus mechanism, which combines the benefits of PoS with added security measures. Validators are randomly selected to propose and validate blocks, and they are held accountable through a mechanism called “Stake and Rating.” Elrond Virtual Machine (EVM) Elrond has its own virtual machine called the Elrond Virtual Machine (EVM), which is compatible with the Ethereum Virtual Machine (EVM). This allows developers to port over existing Ethereum smart contracts to the Elrond platform. EGLD token EGLD is the native utility token of the MultiversX network. It is used for staking, paying transaction fees, participating in governance decisions, and participating in the network’s economic activities. Participants in the Elrond network can stake EGLD tokens to secure the network and earn rewards in the form of additional EGLD tokens. Disclaimer. This article is for informational purposes only and should not be viewed as an endorsement by Coinidol.com. The data provided is collected by the author and is not sponsored by any company or token developer. They are not a recommendation to buy or sell cryptocurrency. Readers should do their research before investing in funds. Source: https://coinidol.com/multiversx-egld-token/The post A Scalable And Efficient Blockchain Network And EGLD token appeared on BitcoinEthereumNews.com. MultiversX, originally – Elrond network, is a blockchain platform designed to provide high throughput, scalability, and fast transaction speeds while maintaining a high level of security. It aims to enable efficient decentralized applications (DApps) and provide a user-friendly experience for both developers and users.  A sharding architecture MultiversX employs a sharding architecture called Adaptive State Sharding, which divides the network into smaller shards, each capable of processing transactions and smart contracts independently. This design aims to significantly increase the network’s throughput and scalability. It uses a secure Proof-of-Stake consensus mechanism, which combines the benefits of PoS with added security measures. Validators are randomly selected to propose and validate blocks, and they are held accountable through a mechanism called “Stake and Rating.” Elrond Virtual Machine (EVM) Elrond has its own virtual machine called the Elrond Virtual Machine (EVM), which is compatible with the Ethereum Virtual Machine (EVM). This allows developers to port over existing Ethereum smart contracts to the Elrond platform. EGLD token EGLD is the native utility token of the MultiversX network. It is used for staking, paying transaction fees, participating in governance decisions, and participating in the network’s economic activities. Participants in the Elrond network can stake EGLD tokens to secure the network and earn rewards in the form of additional EGLD tokens. Disclaimer. This article is for informational purposes only and should not be viewed as an endorsement by Coinidol.com. The data provided is collected by the author and is not sponsored by any company or token developer. They are not a recommendation to buy or sell cryptocurrency. Readers should do their research before investing in funds. Source: https://coinidol.com/multiversx-egld-token/

A Scalable And Efficient Blockchain Network And EGLD token

2025/09/25 04:14

MultiversX, originally – Elrond network, is a blockchain platform designed to provide high throughput, scalability, and fast transaction speeds while maintaining a high level of security.


It aims to enable efficient decentralized applications (DApps) and provide a user-friendly experience for both developers and users. 


A sharding architecture


MultiversX employs a sharding architecture called Adaptive State Sharding, which divides the network into smaller shards, each capable of processing transactions and smart contracts independently. This design aims to significantly increase the network’s throughput and scalability.


It uses a secure Proof-of-Stake consensus mechanism, which combines the benefits of PoS with added security measures. Validators are randomly selected to propose and validate blocks, and they are held accountable through a mechanism called “Stake and Rating.”


Elrond Virtual Machine (EVM)


Elrond has its own virtual machine called the Elrond Virtual Machine (EVM), which is compatible with the Ethereum Virtual Machine (EVM). This allows developers to port over existing Ethereum smart contracts to the Elrond platform.


EGLD token


EGLD is the native utility token of the MultiversX network. It is used for staking, paying transaction fees, participating in governance decisions, and participating in the network’s economic activities.


Participants in the Elrond network can stake EGLD tokens to secure the network and earn rewards in the form of additional EGLD tokens.




Disclaimer. This article is for informational purposes only and should not be viewed as an endorsement by Coinidol.com. The data provided is collected by the author and is not sponsored by any company or token developer. They are not a recommendation to buy or sell cryptocurrency. Readers should do their research before investing in funds.

Source: https://coinidol.com/multiversx-egld-token/

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Aave V4 roadmap signals end of multichain sprawl

Aave V4 roadmap signals end of multichain sprawl

The post Aave V4 roadmap signals end of multichain sprawl appeared on BitcoinEthereumNews.com. Aave Labs has released its official launch roadmap for V4, laying out the final steps ahead of the major upgrade’s Q4 mainnet launch.  Alongside new architectural and security improvements, the roadmap introduces a fundamental shift in how user balances are tracked and highlights a strategic pullback from economically underperforming deployments across layer-2 and alternative layer-1 networks. The V4 release moves away from aTokens’ rebasing-style mechanics toward ERC-4626-style share accounting, a change that promises cleaner integrations, easier tax treatment, and better compatibility with downstream DeFi infrastructure.  In a recent technical development update, Aave Labs confirmed that “tokenization is to remain optional and built using ERC 4626 vaults,” and that internal accounting will eliminate the use of exchange rates or scaled balances. The goal is to “further improve the overall reliability of the protocol.” ERC-4626 is a widely adopted Ethereum standard that expresses user deposits as shares of a vault rather than balances that grow over time. In Aave V3, aTokens accrue interest by increasing a user’s balance directly — behavior that resembles rebasing tokens and often confuses integrations and portfolio accounting tools.  By contrast, ERC-4626 tracks yield through a rising price-per-share metric, leaving token balances unchanged. The result is more predictable behavior for integrators, auditors and tax software, as well as a clearer cost basis for users. The roadmap also outlines a series of release milestones, including a formal codebase publication, a public testnet launch with a redesigned interface, and the completion of a multi-layered security review involving formal verification and manual audits. Aave Labs said the roadmap reflects the protocol’s “final stages of review, testing, and deployment,” and that additional documentation and launch preparation materials will be released in the coming weeks. But the most pointed strategic shift comes not from the codebase, but from Aave’s own governance forums. “Aave…
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BitcoinEthereumNews2025/09/18 07:40