|
MultiversX EGLD |
|
|
£11.17 |
-1.48% (24h) |
|
|
Marketcap |
||
|
£314,147,715 |
||
|
Volume 24h |
||
|
£10,535,023 |
Description
MultiversX (EGLD), formerly known as Elrond, is a highly scalable, fast, and secure blockchain platform designed for distributed applications, enterprise use cases, and the new internet economy. Launched in 2020, MultiversX uses a unique sharding architecture to achieve high throughput and low latency. EGLD, the platform's native token, is used for transaction fees, staking, and governance. MultiversX aims to create a decentralized, borderless, and user-friendly ecosystem that enables high-value transfers and supports the next generation of digital assets and decentralized applications.