Understanding EGLD
What is MultiversX, formerly Elrond?
EGLD is the native coin of MultiversX (previously Elrond), a high-performance blockchain focused on scalability, security, and efficiency. It uses sharding and a secure proof-of-stake mechanism to support advanced smart contracts. Now expanding into digital identity, NFTs, and the metaverse, MultiversX is positioning itself as a comprehensive Web3 platform.
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