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The network accommodates around 20,000 daily transactions on average at the time of writing and has passed 6,9 million transactions in total since the network launched in July 2020.&nbsp;</li><li>Developers can use multiple programming languages &#8211; Rust, C, and C++ &#8211; to build on the Elrond network. Besides being easier to build for developers, this design also enables easier network integration. The project also provides standard <a href=\"https://github.com/ElrondNetwork/sc-examples\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">examples</a> for application, token, and smart contract creation on the network.&nbsp;</li><li>The programming language and integration flexibility could happen due to the use of <a href=\"https://docs.elrond.com/technology/the-arwen-wasm-vm/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Arwen WASM</a> Virtual Machine on the Elrond network. It is a fast virtual machine for executing smart contracts that executes WebAssembly.&nbsp;</li><li>This design supports Elrond network to tackle one of the very important challenges (that seldom mentioned by blockchain developer) in every blockchain platform after scalability issues that are solved by sharding; a finality for cross-shard transactions (sealing the entire ledger so it can’t be mutated). Elrond network solved this issue by implementing a dispatching algorithm and routing protocol on its network core layer.&nbsp;&nbsp;</li></ul>\n\n\n\n<h2>Key Metrics</h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Ticker</td><td>EGLD</td></tr><tr><td>Token Name</td><td>Elrond</td></tr><tr><td>Token Type/Protocol</td><td>EGLD</td></tr><tr><td>Total Token Supply</td><td>31,415,926</td></tr><tr><td>Current Circulating Supply&nbsp;</td><td>See <a href=\"https://coinmarketcap.com/currencies/elrond-egld/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Coinmarketcap</a> </td></tr><tr><td>Market Capitalisation</td><td>See <a href=\"https://coinmarketcap.com/currencies/elrond-egld/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Coinmarketcap</a>  </td></tr><tr><td>Token Creation Date</td><td>July 2020</td></tr><tr><td>Can it be mined?</td><td>No</td></tr></tbody></table></figure>\n\n\n\n<h2>Who is behind Elrond?&nbsp;</h2>\n\n\n\n<p>Elrond was co-founded in late 2017 by Beniamin Mincu, Lucian Todea, and Lucian Mincu. Beniamin Mincu and Lucian Mincu both previously co-founded <a href=\"https://metachain.capital/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">MetaChain Capital</a> that -according to their website- has been invested in BAT, Binance, and Tezos. While Lucian Todea was an angel investor in Typing DNA and Smart Bill.&nbsp;&nbsp;&nbsp;</p>\n\n\n\n<h2>What is the purpose of Elrond?&nbsp;</h2>\n\n\n\n<p>EGLD is used for paying network fees, staking and rewarding validators. Basically acted as the digital asset to empower the network economics while also acting as a governance mechanism to maintain network security and growth.&nbsp;</p>\n\n\n\n<h2>Insights:</h2>\n\n\n\n<p>The Elrond network has a unique approach to tackle scalability and decentralization issues the industry is facing nowadays. Having a main focus as a platform for Financial Technology, DeFi, and IoT decentralized applications, Elrond seems to have its own niche among the crowd of public blockchain platform projects.&nbsp;</p>\n\n\n\n<ul><li>Elrond partnership with <a href=\"https://elrond.com/blog/elrond-projects-launchpad-swap-impossible-finance/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Impossible Finance</a> could provide a significant value for developers to build on Elrond network.</li><li>Strategic partnership is important for every blockchain project, the importance scale is much higher for a public blockchain platform. Besides Impossible Finance, Elrond has secured several important partnerships and collaborations such as; <a href=\"https://elrond.com/blog/elrond-nft-privacy-hopr/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">HOPR</a>, <a href=\"https://elrond.com/blog/elrond-scalable-workflows-offchain-parsiq/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Parsiq</a>, <a href=\"https://elrond.com/blog/elrond-nft-defi-netvrk-metaverse/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Netvrk</a>, <a href=\"https://elrond.com/blog/create-esdt-tokens-unicrypt/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Unicrypt</a>, <a href=\"https://elrond.com/blog/build-elrond-dapps-api-tatum/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Tatum</a>, <a href=\"https://elrond.com/blog/tokenized-precious-metals-aurus/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Aurus</a>, <a href=\"https://elrond.com/blog/nocode-elrond-workflow-automation-graphlinq/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Graphlinq</a>, <a href=\"https://elrond.com/blog/egold-esdt-powered-web-apps-saito/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Saito</a>, <a href=\"https://elrond.com/blog/elrond-egold-coin98-wallet-defi/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Coin98</a>, <a href=\"https://elrond.com/blog/elrond-bridge-polkadot-xpnetwork-nft-dapps/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">xp.network</a>, <a href=\"https://elrond.com/blog/elrond-nft-lending-borrowing-stater/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">stater</a>, etc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li><li>A highly potential DApps with more than 200,000 users, <a href=\"https://maiar.com/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Maiar</a> is built, and seems to be strongly believed in, on the Elrond network.&nbsp;</li></ul>\n\n\n\n<h2>Risks:</h2>\n\n\n\n<ul><li>Elrond technology, despite the potential and current excellent performance, is considered new, much newer than Ethereum or Bitcoin. Hence, the potential of undiscovered security flaws is high.&nbsp;&nbsp;</li><li>Risk of product substitution and competition is high considering strong support and growth of adoption on other public chain platforms such as Ethereum and BSC thanks to the similarity they have (the virtual machine), easier side chain deployment, and first mover advantage.</li></ul>\n\n\n\n<h2>News and Updates:</h2>\n\n\n\n<ul><li>This August 2021, Elrond recently updated its swap bridge and launched Rust framework v0.18.0</li><li>Elrond is considered to be the first European blockchain that is <a href=\"https://offsetra.com/profile/elrond\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">carbon negative</a>.&nbsp;</li><li>EGLD is listed on EU regulated exchange <a href=\"https://elrond.com/blog/egld-eu-licensed-regulated-exchange-kriptomat/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Kriptomat</a>.</li></ul>\n\n\n\n<h2>Community &amp; Whitepaper Links:</h2>\n\n\n\n<ul class=\"coin-info__links\"><li><strong>Official Website:</strong><a href=\"https://bitcoin.org\"> </a><a href=\"https://elrond.com/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">https://elrond.com/</a>&nbsp;&nbsp;</li><li><strong>White Paper:</strong><a href=\"https://bitcoin.org/bitcoin.pdf\"> </a><a href=\"https://elrond.com/assets/files/elrond-whitepaper.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">https://elrond.com/assets/files/elrond-whitepaper.pdf</a>&nbsp;</li><li><strong>Economic Paper:</strong> <a href=\"https://elrond.com/assets/files/elrond-economics.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">https://elrond.com/assets/files/elrond-economics.pdf</a>&nbsp;</li><li><strong>Blockchain Explorer:</strong> <a href=\"https://explorer.elrond.com/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">https://explorer.elrond.com/</a>&nbsp;</li><li><strong>Developer Documentation:</strong> <a href=\"https://docs.elrond.com/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">https://docs.elrond.com/</a>&nbsp;</li></ul>\n\n\n\n<p><strong>Disclaimer</strong>:<br>All investments are speculative and involve substantial risk and uncertainty. Investors should understand the nature of digital assets including the terms of return and the risk of assets. We encourage investors to fully understand the assets and the risk associated with them prior to making any investment.&nbsp;&nbsp;</p>\n","seo":{"title":"EGLD to IDR - Buy Elrond Instantly - Zipmex","metaDesc":"Buy or sell Elrond. Get the latest Elrond IDR (EGLD to IDR) price quote, history, news and other information."},"categories":{"nodes":[{"slug":"listed-coin"}]},"acfCoinInfo":{"ciHomeFullName":"Elrond","ciTickerSymbol":"EGLD","ciIcon":{"localFile":{"publicURL":"/static/d17c5b0fe223f39623a1a7b5eb404d1a/EGLD.svg"}},"websiteLink":null,"whitepaperLink":null,"detailedRuleLink":null}},"otherCoinInfos":{"nodes":[{"slug":"ape-id","excerpt":"<p>ApeCoin is the famous NFT project, Bored Ape Yacht Club (BAYC)’s native token. It works as a utility and government token powering the APE ecosystem.</p>\n","acfCoinInfo":{"ciHomeFullName":"ApeCoin","ciTickerSymbol":"APE","ciHomeFeaturedImage":{"localFile":{"childImageSharp":{"gatsbyImageData":{"layout":"constrained","backgroundColor":"#080818","images":{"fallback":{"src":"/static/51ac8746e5d9954d5e3939b247b0a402/03e84/APE.png","srcSet":"/static/51ac8746e5d9954d5e3939b247b0a402/e2842/APE.png 100w,\n/static/51ac8746e5d9954d5e3939b247b0a402/294d3/APE.png 200w,\n/static/51ac8746e5d9954d5e3939b247b0a402/03e84/APE.png 400w","sizes":"(min-width: 400px) 400px, 100vw"},"sources":[{"srcSet":"/static/51ac8746e5d9954d5e3939b247b0a402/9f21a/APE.webp 100w,\n/static/51ac8746e5d9954d5e3939b247b0a402/752c3/APE.webp 200w,\n/static/51ac8746e5d9954d5e3939b247b0a402/02841/APE.webp 400w","type":"image/webp","sizes":"(min-width: 400px) 400px, 100vw"}]},"width":600,"height":369}}}}}},{"slug":"cvx-id","excerpt":"<p>Convex Finance is a DeFi platform designed to provide additional yield and ease of use to the stakers and liquidity providers of CRV tokens.</p>\n","acfCoinInfo":{"ciHomeFullName":"Convex Finance","ciTickerSymbol":"CVX","ciHomeFeaturedImage":{"localFile":{"childImageSharp":{"gatsbyImageData":{"layout":"constrained","backgroundColor":"#383838","images":{"fallback":{"src":"/static/91481387571b0b76bb03a43dfffef980/03e84/CVX-3.png","srcSet":"/static/91481387571b0b76bb03a43dfffef980/e2842/CVX-3.png 100w,\n/static/91481387571b0b76bb03a43dfffef980/294d3/CVX-3.png 200w,\n/static/91481387571b0b76bb03a43dfffef980/03e84/CVX-3.png 400w","sizes":"(min-width: 400px) 400px, 100vw"},"sources":[{"srcSet":"/static/91481387571b0b76bb03a43dfffef980/9f21a/CVX-3.webp 100w,\n/static/91481387571b0b76bb03a43dfffef980/752c3/CVX-3.webp 200w,\n/static/91481387571b0b76bb03a43dfffef980/02841/CVX-3.webp 400w","type":"image/webp","sizes":"(min-width: 400px) 400px, 100vw"}]},"width":600,"height":369}}}}}},{"slug":"dydx-id","excerpt":"<p>dYdX is a DeFi protocol focusing on perpetual contracts products built on top of the Starkware layer-2 network. </p>\n","acfCoinInfo":{"ciHomeFullName":"dYdX","ciTickerSymbol":"DYDX","ciHomeFeaturedImage":{"localFile":{"childImageSharp":{"gatsbyImageData":{"layout":"constrained","backgroundColor":"#080828","images":{"fallback":{"src":"/static/bc6b9a01159c9240eeda3dcf900d6655/03e84/dydx-website-banner.png","srcSet":"/static/bc6b9a01159c9240eeda3dcf900d6655/e2842/dydx-website-banner.png 100w,\n/static/bc6b9a01159c9240eeda3dcf900d6655/294d3/dydx-website-banner.png 200w,\n/static/bc6b9a01159c9240eeda3dcf900d6655/03e84/dydx-website-banner.png 400w","sizes":"(min-width: 400px) 400px, 100vw"},"sources":[{"srcSet":"/static/bc6b9a01159c9240eeda3dcf900d6655/9f21a/dydx-website-banner.webp 100w,\n/static/bc6b9a01159c9240eeda3dcf900d6655/752c3/dydx-website-banner.webp 200w,\n/static/bc6b9a01159c9240eeda3dcf900d6655/02841/dydx-website-banner.webp 400w","type":"image/webp","sizes":"(min-width: 400px) 400px, 100vw"}]},"width":600,"height":369}}}}}},{"slug":"ygg-id","excerpt":"<p>YGG is the utility token of Yield Guild Games, a play-to-earn gaming guild. It is a Decentralized Autonomous Organization.</p>\n","acfCoinInfo":{"ciHomeFullName":"YieldGuildGames","ciTickerSymbol":"YGG","ciHomeFeaturedImage":{"localFile":{"childImageSharp":{"gatsbyImageData":{"layout":"constrained","backgroundColor":"#081828","images":{"fallback":{"src":"/static/749075fe65de4abc76e5d62e97c31fd7/03e84/Yield-Guild-Games-website-banner.png","srcSet":"/static/749075fe65de4abc76e5d62e97c31fd7/e2842/Yield-Guild-Games-website-banner.png 100w,\n/static/749075fe65de4abc76e5d62e97c31fd7/294d3/Yield-Guild-Games-website-banner.png 200w,\n/static/749075fe65de4abc76e5d62e97c31fd7/03e84/Yield-Guild-Games-website-banner.png 400w","sizes":"(min-width: 400px) 400px, 100vw"},"sources":[{"srcSet":"/static/749075fe65de4abc76e5d62e97c31fd7/9f21a/Yield-Guild-Games-website-banner.webp 100w,\n/static/749075fe65de4abc76e5d62e97c31fd7/752c3/Yield-Guild-Games-website-banner.webp 200w,\n/static/749075fe65de4abc76e5d62e97c31fd7/02841/Yield-Guild-Games-website-banner.webp 400w","type":"image/webp","sizes":"(min-width: 400px) 400px, 100vw"}]},"width":600,"height":369}}}}}}]}},"pageContext":{"lang":"id_en","footerMenus":"[{\"slug\":\"about-us-id-en\",\"acfMenu\":{\"menuTitle\":\"About Us\"},\"menuItems\":{\"nodes\":[{\"id\":\"cG9zdDo5OTg4\",\"label\":\"About\",\"url\":\"/en/about-us/\",\"cssClasses\":[],\"target\":null},{\"id\":\"cG9zdDo5OTkx\",\"label\":\"Terms and Conditions\",\"url\":\"/en/terms-and-conditions-id/\",\"cssClasses\":[],\"target\":null},{\"id\":\"cG9zdDoxNDQxMzI=\",\"label\":\"ZipUp+ Terms and Conditions\",\"url\":\"/zipup-terms-and-conditions-id/\",\"cssClasses\":[],\"target\":null},{\"id\":\"cG9zdDo5OTky\",\"label\":\"Privacy Policy\",\"url\":\"/en/privacy-policy-id/\",\"cssClasses\":[],\"target\":null},{\"id\":\"cG9zdDo5OTkz\",\"label\":\"In the Media\",\"url\":\"/en/news/\",\"cssClasses\":[],\"target\":null},{\"id\":\"cG9zdDo0NTAyMQ==\",\"label\":\"Careers\",\"url\":\"https://zipmex.bamboohr.com/jobs/\",\"cssClasses\":[],\"target\":null}]}},{\"slug\":\"mobile-id-en\",\"acfMenu\":{\"menuTitle\":\"Mobile\"},\"menuItems\":{\"nodes\":[{\"id\":\"cG9zdDo4MjE1\",\"label\":\"iOS\",\"url\":\"https://zipmex.onelink.me/8NSq/15940e3a\",\"cssClasses\":[],\"target\":\"_blank\"},{\"id\":\"cG9zdDo4MjE2\",\"label\":\"Android\",\"url\":\"https://zipmex.onelink.me/8NSq/15940e3a\",\"cssClasses\":[],\"target\":null}]}},{\"slug\":\"products-id-en\",\"acfMenu\":{\"menuTitle\":\"Products\"},\"menuItems\":{\"nodes\":[{\"id\":\"cG9zdDo4MjIz\",\"label\":\"Trade\",\"url\":\"https://trade.zipmex.co.id/exchange/\",\"cssClasses\":[],\"target\":\"_blank\"},{\"id\":\"cG9zdDoyNDY3OQ==\",\"label\":\"Earn\",\"url\":\"/en/earn/\",\"cssClasses\":[],\"target\":null}]}},{\"slug\":\"support-id-en\",\"acfMenu\":{\"menuTitle\":\"Support\"},\"menuItems\":{\"nodes\":[{\"id\":\"cG9zdDo5OTk2\",\"label\":\"Support Center\",\"url\":\"/en/support/\",\"cssClasses\":[],\"target\":null},{\"id\":\"cG9zdDo5OTk3\",\"label\":\"Announcements\",\"url\":\"/en/announcements/\",\"cssClasses\":[],\"target\":null},{\"id\":\"cG9zdDo5OTk4\",\"label\":\"Contact Us\",\"url\":\"/en/contact-us/\",\"cssClasses\":[],\"target\":null},{\"id\":\"cG9zdDo5OTk5\",\"label\":\"Fees\",\"url\":\"/en/fee-schedule-id/\",\"cssClasses\":[],\"target\":null},{\"id\":\"cG9zdDozMjc3OA==\",\"label\":\"Get updates\",\"url\":\"https://communications.zipmex.co.id/\",\"cssClasses\":[],\"target\":null},{\"id\":\"cG9zdDozNTk2OA==\",\"label\":\"Learn\",\"url\":\"/en/learn/\",\"cssClasses\":[],\"target\":null},{\"id\":\"cG9zdDoxNDMyMjI=\",\"label\":\"Apply To List\",\"url\":\"https://zipmex.com/zipmex-labs-application-form/\",\"cssClasses\":[],\"target\":null}]}}]","latestPosts":"[{\"title\":\"What is CBDC? Which countries are developing it?\",\"slug\":\"what-is-cbdc\",\"date\":\"April 25, 2022\",\"featuredImage\":{\"node\":{\"localFile\":{\"publicURL\":\"/static/4c2cc77293888988984ddd9524e18be2/CBDC.jpg\"}}}},{\"title\":\"Crypto Crash 2022: Why It Happened and Crypto Bearish Signs\",\"slug\":\"crypto-crash\",\"date\":\"April 25, 2022\",\"featuredImage\":{\"node\":{\"localFile\":{\"publicURL\":\"/static/8851e241ed76fe22a552599884242fe2/Crypto-Crash-1.jpg\"}}}}]","id":65147,"wpLocale":"en_US","wpGlobalConfig":".co.id"}},
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