1/ I am happy you are starting to dig into the details now more @Crypt0Jed1 As to your question it requires a bit of an in depth response as it’s due to the Design & Implementation. As it relates to the developer: they don’t need to worry about this layer. $eGLD
2/ The Arwen Machine VM is designed for statelessness which is a KEY 🔑 design process as to allow instant execution PRIOR to writing ✍️ to Blockchain. It also adds an Out-Of-Process Execution to increase security by running its own process exchange, which adds more security 🔒
3/ Also, it’s important to understand how $eGLD & @ElrondNetwork designed the Merkle Tree & Cross Shard Transactions docs.elrond.com/technology/cro…
4/ The Merkle Tree allows: Dispatching and instant traceability: Finding out the destination shard of a transaction should be determinis- tic, trivial to calculate, eliminating the need for communication rounds; The entire sharding scheme is based on a binary tree structure that
5/ distributes the account addresses, favors the scalability and deals with the state transitions.

As it relates to security it’s completely unaffected by the design elements above a deeper dive here into security: Long range attacks: mitigated by our pruning mech- anism,
6/ the use of a randomly selected consensus group every round (and not just a single proposer) and stake locking. On top of all these, our pBFT consensus algo- rithm ensures finality; $eGLD The Devils in the details. Let me know if you need more clarity.

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More from @WesleyBKress

6 Sep
(1/10) Here is a Step by Step Video explaining how to participate in the #MaiarExchange as it pertains to the FARM ( $eGLD/ $MEX ) 🧑‍🌾 for highest APR % even if you have never downloaded the World Class Intuitive @getMaiar APP. Reference Sheet:🖼️ below & other resources #StudyHard
(2/10) Step-By-Step Flow Chart of FARM: $eGLD & $MEX Pair.
Read 10 tweets
3 Sep
1/ $eGLD is appealing to many:

1. It created the most equitable value sharing #Blockchain Design, Tech & Economic Model.

2. Promotes #Collaboration to secure a network vs #Compete #BTC

3. EU Certified Net Negative Blockchain 🌱

4. Solves the TRUST, CENSORSHIP & DATA problems
2/

5. It allows for DAO’s organizational structures that promote Meritocracy & change in how one Values organizations.

6. It allows the USERS to be THE OWNERS so there is aligned interest to do what is best for the users not Exploit them in traditional Consumer experience
3/

7. It allows the small and technology challenged individual to access & participate via This value sharing & LOW FEE COST on the Network.

8. Elrond is essentially a Public Utility DAO Philanthropic organic meant to Bank the Unbanked & Unbanked the Banked
Read 7 tweets
2 Sep
1/ Yes, #Academic reasoning of value proposition. I have over 11+ years as an academic & professor. Most academics are good at analyzing & assessing things, as to building #DisruptiveTechnology The hungriest & most talented #entrepreneurs who designed from 1st Principles $eGLD ⚡️
2/ They have sold public that somehow you can have #Academics analyze something that has NEVER been done before. The very premise of value proposition is faulty at its core. $eGLD & $ADA You don’t know what you don’t know in #DisruptiveTechnology that is what makes it disruptive
3/ Many people don’t even understand what the #DisruptiveTechnological cycle looks like, behaves like or that this is what they are investing in. #CriticalThinking has all been lost among some. The level of comfort & deception is powerful. $ADA will do well but any one believing
Read 5 tweets
2 Sep
1/ Please see this link: As to why I love 🔥 @CelsiusNetwork Also, I earn Yield on $CEL 4.8% & around a 11% on $MATIC if you want to know where the $CEL is token gets it’s value & Y it exists, please see below 👇🏼
2/ This is where the $CEL token derives it’s value from + via Network Effects. I will discuss below 👇🏼 Why the $CEL token exists based on my own understanding.
Read 6 tweets
1 Sep
1/ Rewards for protecting the network (staking to network) $eGLD are paid out daily. The Elrond Network Protocol design is dynamic not static. Due to how things are designed from a security standpoint & how Validators (who pay a distribution to delegators & charge a service fee)
2/ are rewarded in $eGLD for helping to secure the network, this is Y the % or yield paid not static. Let me explain. Nodes go into and out of (waiting) after rewards to promote meritocracy & additional security. Some are participating in consensus at times & others are not.
3/ Per Secure Proof of Stake (SPOS) design. This is why the APR % is dynamic not STATIC. It averages out over time though. Best to calculate over a month not a few days. $eGLD
Read 4 tweets

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