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What is Elrond (MultiversX) (ELGD)?

Elrond (MultiversX) is a smart contract platform that supports dApps and NFTs, and like other platforms that came after Ethereum, Elrond (MultiversX) uses sharding technology to improve the speed and scalability of the blockchain. Sharding splits the blockchain into multiple "shards that run parallel to each other." Transactions are processed separately on the shards, and the results of all shards are synchronised and written to the blockchain. This protects the blockchain from the so-called bottleneck effect, where all transactions try to push through on one chain at the same time. For this reason, Elrond is marketed as an "internet-scale blockchain". Elrond (MultiversX) has already achieved 15,000 transactions per second (TPS) with sharding, and speeds of up to 263,000 TPS on the test network. Other widely used blockchains, such as Bitcoin and Ethereum, can currently only handle 10 or 20 transactions per second at the base layer. However, both parties are also exploring scaling solutions that should improve their performance.

Since 2013

Anycoin Direct is officially registered with De Nederlandsche Bank and the Austrian FMA. In addition, we always implement the latest security protocols.

Security

Store your coins in our secure Vault or send them to your personal wallet. You decide how your coins are stored.

Community

Over 500,000 Europeans are part of the Anycoin platform. In addition, Anycoin Direct is the best rated crypto broker in Europe. 

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Why buy Elrond (MultiversX) with Anycoin?

With over 14.000 reviews on TrustPilot (average of 4.5 stars) and an official registration with De Nederlandsche Bank (DNB), Anycoin Direct is one of the most trusted crypto services in Europe since 2013.

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Anycoin Vault

The Vault is a safe alternative to the traditional crypto wallet for those who want to buy, sell and swap their coins on Anycoin Direct. Within the Vault you can store all your digital assets and swap them against one another. Still want to send crypto to an external wallet like your Ledger? No problem, the Vault is an additional feature. The choice is yours. 

Foundation

Balances in the Anycoin Vault, are kept in a foundation. This foundation has only one purpose, to preserve our customer funds. This construction ensures that customers are entitled to compensation in the unlikely event of Anycoin Direct's bankruptcy. In addition, we want to reiterate that we always want to give customers a choice between using the Anycoin Vault and sending coins to an external wallet.

Extra information about Elrond (ELGD) (MultiversX)

What can Elrond (MultiversX) be used for?

Elrond's native token, ELGD, is used for transactions on the blockchain, participating in governance, and for distributing staking rewards in their proof-of-stake consensus mechanism. In total, over $1 million dollars have already been staked and the total number of transactions carried out on Elrond's blockchain exceeds ten million. Recently, there have also been several NFT marketplaces where one can buy or sell NFTs against ELGD.

How can I store Elrond (MultiversX) (ELGD)?

On the Anycoin Direct platform you can easily store your Elrond in the Anycoin Vault. You are the only one who has access to this Vault after activating it on your personal dashboard. In the future we will be enabling external wallets for Elrond so you can send your Elrond from your Vault to your external wallets and vice versa.

Who are the founders of (MultiversX) Elrond?

Elrond was founded in 2017 by brothers Benjamin and Lucian Mincu. Both brothers were already active as entrepreneurs in the crypto sector, given that they are both co-founders of MetaChain Capital, a digital asset investment fund. In addition, they are co-founders of ICO Market Data, a company that collects information around initial coin offerings.

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