Name : MultiversX (EGLD)
EGLD Price : $25.63900 +3.92%
Consensus Mechanism : PoS
Volume: 14,763,165
Market Cap: 702,692,397
Shariah Judgement
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Shariah Status :
Last Screening: Q3 2024
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Overview
MultiversX, formerly known as Elrond, is a blockchain platform focused on enhancing scalability and security through a sophisticated sharding approach and innovative consensus mechanisms. It offers a community-driven ecosystem with Layer-1 and Layer-2 scaling solutions, integrating state, network, and transaction sharding alongside adaptive shard management for optimal performance and security. The network uses Secure Proof of Stake (SPoS) to boost security and throughput while reducing the risk of shard takeovers through randomized validator shuffling. This architecture enables MultiversX to deliver high transaction speeds, low costs, and strong decentralization, positioning itself as a highly scalable and cost-effective smart contract platform.
Whitepaper & Documents
Sharlife uses TradingView technology to present price information through charts. TradingView serves as a charting platform catering to a worldwide community of traders and investors. With robust support across browsers, desktops, and mobile applications, the platform offers exceptional access to real-time data such as Dow Futures and BTC USD Chart, as well as the latest news, financial reports, stock screener, and economic .
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