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Elrond

ARTA - EGLD is a beautiful, convenient and easy-to-use application for mobile devices in which you can freely manage your deposit: send, receive and store the EGLD token, interacting with the Elrond global network

ARTA - EGLD is a beautiful, convenient and easy-to-use application for mobile devices in which you can freely manage your deposit: send, receive and store the EGLD token, interacting with the Elrond global network

Elrond

by Elrond Labs
Elrond
Elrond
Elrond

What is it about?

ARTA - EGLD is a beautiful, convenient and easy-to-use application for mobile devices in which you can freely manage your deposit: send, receive and store the EGLD token, interacting with the Elrond global network.

Elrond

App Details

Version
1.0
Rating
NA
Size
1Mb
Genre
Finance
Last updated
February 16, 2024
Release date
February 16, 2024
More info

App Store Description

ARTA - EGLD is a beautiful, convenient and easy-to-use application for mobile devices in which you can freely manage your deposit: send, receive and store the EGLD token, interacting with the Elrond global network.

There are quite a few different platforms in the world that provide management of the Elrond EGLD token
But these are the distinctive features that our ARTA - EGLD mobile application has:

Х You and only you are the owner of your account;
Х You and only you control your tokens;
Х You receive the EGLD token without restrictions;
Х You send the EGLD token in any quantity, without restrictions;
Х You pay several times lower commissions;
Х You can store the EGLD token without restrictions;
Х You do what you want.

The ARTA - EGLD mobile application provides you with the opportunity to use and manage your EGLD tokens as comfortably as possible, but only you are responsible for your account, so it is very important to understand that:

Х We cannot access your funds;
Х We cannot recover or reset your passwords;
Х ARTA - EGLD application does not store or use your personal data;
Х We cannot refund, change or cancel transactions.

Please be very careful and careful, keep your secret phrase in a safe place and inaccessible to other people, we recommend that you also create a backup copy of your private keys.

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Briefly about the Elrond ecosystem:
The Elrond mainnet went live in July 2020, with a maximum stated speed of 263,000 transactions per second.
Elrond (formerly ERD, then EGLD) is a platform that implements an adaptive sharding scheme for practical scalability and ensures fairness through a consensus mechanism.

Depending on the load, the Elrond network can be divided into several parts or shards. Each shard is a separate network, for which a separate group of validators is responsible.
The main (native) token of the Elrond network is EGLD. This is a utility token used to pay fees on the Elrond network, managing the development of this decentralized ecosystem by EGLD holders.

What makes Elrond special is its three types of fragmentation: network, transaction group, and state.
For interaction between networks, each block is divided into three parts. The transaction can also be split into parts between different networks, each of them being confirmed in parallel. Synchronization of network segments takes place in several stages, after which the elements of all chains are included in the so-called common network.
The network is divided into fragments, the number of which can vary depending on the current load. This flexibility ensures optimal throughput and security.

The Elrond network claims to currently be able to handle 15,000 transactions per second at a cost of just $0.001 each with instant completion. The Elrond network also promises the ability to scale to hundreds of thousands of transactions per second as demand grows.
Given this speed and scalability, Elrond is positioning itself as the ideal network for developers of independent financial networks to use for their applications.

In addition, the Elrond network provides its users with the opportunity to increase the number of EGLD coins using non-custodial passive income, that is, only you manage your funds, unlike custodial services, where the operator has access to user addresses and their private keys.
To increase EGLD you just need to store your coins in your account.

By simply storing the EGLD token on their deposit, users receive rewards (approximately 20% per annum). Thanks to such a high level of income, the Elrond ecosystem is a very popular platform for users who want to earn passively.

The ARTA - EGLD mobile app allows its users to securely store the EGLD token without restrictions or conditions.
Use the opportunity to passively earn EGLD token in the ARTA - EGLD application.

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