ELROND NETWORK; The best way to predict the future is to create it. (PART 2)

Hello again to everyone from project Elrond! And today I’ll keep telling you about the Elrond Network. For those like me, who believe in blockchain technology, projects like Elrond have different meanings. It’s like writing history or living history. For us, blockchain technology is a bending point in the history of science. It is the biggest revolution since the discovery of the internet. It was the first time in history with Bitcoin that a value (digital currency) with P2P without a bank or a financial institution was safely verified and transferred over the network. We discovered uncensored data transport without any permission, without a fee.
In this exciting adventure that has been going on for a decade, many networks have been designed since Bitcoin, and some of them have had some successful results. But we still know that networks built for blockchain technology in the baby phase have some problems and are struggling to solve them.
Elrond decided to start a new network from scratch instead of working for improvement in networks in this environment.

Why Elrond Network?

• Because a brand new blockchain architecture has been implemented 1000 times more efficient and faster than blockchain networks such as Bitcoin and Ethereum in terms of business volume, execution speed, and transaction cost.
• PoS and SPoS algorithms can reach 10,000 processing speeds per second.
• Sybil attack, Stake Nothing and Rogue-key attacks, such as the network structure resistant to security problems. Multi-signature protocols have been created to address security issues.
  In reality, the number of people who are aware of this is minimal. But with the Elrond Network Secure Proof of Stake algorithm, it presents a new consensus mechanism to the world of blockchain. New partners have been added to Elrond’s fantastic team in this adventure, which began in 2017. Last week (18 July) they finally announced a partnership with Chainlink. In short, the Elrond Network continues to grow stronger and stronger with each passing day.
  

Elrond-Chainlink Partnership:
As you know, Chainlink’s decentralized network offers similar security guarantees with smart contracts. More than one chainlink evaluates the same data without triggering it. Thus it reaches a conclusion reached by reliable, intelligent contracts. Elrond designs smart contracts where users can keep their account and call at any time. When it integrates with Elrond Chainlink, it will become a network running much more flexible and secure, intelligent contracts. Beniamin Mincu, CEO of Elrond team, partnered with Chainlink; “Elrond and I have built a 1000-fold efficient and fast scalable network architecture from existing blockchain networks and have also made a new Meta VM for smart contracts. When we integrate with Chainlink, secure access to real-world data will also be provided.”

Summarize:
You can raise awareness of blockchain technology by joining Elrond Network Community, where we hear exciting news with each new day. You may find it early for today, but there is no doubt that this new technology will transform tomorrow’s economies. Elrond Network will be involved in our future with the speed, efficiency, and reliability of the transfer of values. Here are the resources you can use to review the Elrond Network project. I wish you all plenty of wins.

Links and Social Media:

Elrond Website: https://elrond.com
Twitter: https://twitter.com/ElrondNetwork
Facebook: https://facebook.com/ElrondNetwork
Subreddit: https://www.reddit.com/r/elrondnetwork/
Medium: https://medium.com/elrondnetwork
Bitcointalk: https://bitcointalk.org/index.php?topic=4430681.0
White paper: https://elrond.network/files/Elrond_Whitepaper_EN.pdf