Hello friends, everyone first. Today I'm going to talk about the social mining of the elrond project. First of all, if you are wondering what this project is, elrond.com will help you. There are also dozens of articles I have shared about elrond, and I will leave some of them here.
What is Elrond? There are three main objectives for network architecture; scalability, security and interoperability. Scalability is achieved by using a dynamically compatible sharing mechanism. This proportionally increases the processing capacity as new participants join the network. Safety is ensured by bringing randomness to consensus group selection. The team offers Secure Proof of Purchase (SPoS) to form consensus. The timeline is now set to one day and divided into periods with shorter shells. Elrond Network is the world's first high-bandwidth block chain platform with adaptable segmentation status and evidence of safe evidence. While there are very few projects that provide this, it is important that the Elrond project is the leader in this field.
In addition, I will talk about special topics for the Elrond community. For example; Compared to the Ethereum network. Elrond uses parallel processing by shredding. It saves energy by eliminating the extra process of PoW algorithms. Compared to Algorand, Elrond reduces the Algorand’s Consensus Group's duration from 12 seconds to less than 1 second. This is extremely important.
I think we have witnessed the latest chapter in blockchain history. It comes with software like Ethereum, which is the cornerstone of Blockchain architecture. Elrond rises above the Giants, which to date have carried blockchain technology. I think Elrond will soon be replaced by these giant crypto coins. Elrond keeps its decentralized structure out of SPoS and does not compromise security. Elrond recognizes that the integration of a growing number of network structures is essential for the healthy growth of block chain projects. For this reason, Elrond is designed to be EVM compliant and work with different block chain networks.
When I wanted to touch briefly, I made a long share. Let's move on to social mining. As you know, most of the projects are now on the agenda and provide a certain amount of profit to the followers. When you log in below, you see the main screen. From this screen, you can proceed with the menus on the left. You can use Twitter, reddit and similar social media platforms.
the next photo will be the photo of the content area. The content is important and there are a lot of different sections here because you want to put it also why. Articles, videos, gifs, etc. You can add a lot of content. you can get high scores and increase your ranking. the higher your ranking, the more ERD tokens you can earn. you can join the link below for those who want to join my ref link below.
https://community.elrond.com//referral/dwBRKHfkoJFSmk2/
website : https://elrond.com/
whitepaper : https://elrond.com/files/Elrond_Whitepaper_EN.pdf
elrond username : orangecat
