Recently, crypto influencer “Coin Bureau” (“@coinbureau” on Twitter) talked about what he considers one of the smart contract platforms in the world.
In a video (titled “Elrond: Next BEST Smart Contract Blockchain??“) released on YouTube channel “Coin Bureau“, the show’s pseudonymous host told the channel’s over 652K subscribers about Elrond ($EGLD).
The crypto influencer had this to say about Elrond:
“It has managed to combine the best features of many leading cryptocurrencies in the space and even improve them. Elrond’s adaptive state sharding is like the sharding we will see in Ethereum 2.0, but better. Elrond’s secured proof of stake is like Harmony’s (ONE) effective proof of stake, but better. Elrond’s Arwen virtual machine is like Cosmos’ CosmWasm virtual machine, but better.
“When you combine these three features, you get a blockchain that is theoretically capable of handling more transactions per second than every other smart contract blockchain combined.“
He went on to say:
“Elrond’s growth has been exponential since its mainnet launch last summer. From where I’m standing, this growth has been well deserved and there is much more on the horizon. Besides the expansion of staking participation and rewards with phases 3 and 4, Elrond’s decentralized finance (DeFi) ecosystem will likely drive some serious demand for EGLD.“
And finally, he said that that he would not be surprised if Coinbase adds support for Elond later this year.
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The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.
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