ERD (Elrond) Looking Bearish ..!!
Updated
ERD (Elrond)
Making Bearish Pennant Pattern In 15M Timeframe.
I'm Expecting Lower Lows If Follows This Pattern.
So It Can Test 44 Sats Area In Next Few Hours.
What Is Elrond..??
Elrond is a high-throughput public blockchain aimed at providing security, efficiency, scalability, and interoperability via Adaptive State Sharding and a Secure Proof of Stake consensus mechanism.
Key features
Elrond is a complete redesign of blockchain architecture with the aim to achieve global scalability and near instant transaction speed. Elrond focuses on combining 3 key innovations:
- State sharding (transaction, data & network sharding); adaptivity through shard merges and shard splits
- Consensus in two communication rounds with modified BLS multi-signatures
- High resiliency to malicious attacks due to intra and cross shard node reshuffling
- Secure randomness beacon with Boneh–Lynn–Shacham (“BLS”) signing
- Smart contracts on a state sharded architecture with balanced load on shards
- Fast finality for cross shard transactions (seconds)
Elrond's vision is to become the backbone of a permissionless, borderless, globally accessible internet economy.
Making Bearish Pennant Pattern In 15M Timeframe.
I'm Expecting Lower Lows If Follows This Pattern.
So It Can Test 44 Sats Area In Next Few Hours.
What Is Elrond..??
Elrond is a high-throughput public blockchain aimed at providing security, efficiency, scalability, and interoperability via Adaptive State Sharding and a Secure Proof of Stake consensus mechanism.
Key features
Elrond is a complete redesign of blockchain architecture with the aim to achieve global scalability and near instant transaction speed. Elrond focuses on combining 3 key innovations:
- State sharding (transaction, data & network sharding); adaptivity through shard merges and shard splits
- Consensus in two communication rounds with modified BLS multi-signatures
- High resiliency to malicious attacks due to intra and cross shard node reshuffling
- Secure randomness beacon with Boneh–Lynn–Shacham (“BLS”) signing
- Smart contracts on a state sharded architecture with balanced load on shards
- Fast finality for cross shard transactions (seconds)
Elrond's vision is to become the backbone of a permissionless, borderless, globally accessible internet economy.
Trade closed: target reached
#ERD (Elrond)Exactly Reached At Our Buy Range.
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