The pseudonymous host of Coin Bureau says that an altcoin that surged by 700% in February could be the next best smart contract platform.
The crypto analyst, who goes by the name Guy, tells his 640,000 YouTube subscribers that the blockchain network Elrond (EGLD) combines the unique attributes of Bitcoin, Ethereum, and next-generation decentralized platforms to create a one-of-kind cryptocurrency network.
“It has managed to combine the best features of many leading cryptocurrencies in the space and even improve them. Elrond’s adaptive state sharding is like the sharding we will see in Ethereum 2.0, but better. Elrond’s secured proof of stake is like Harmony’s (ONE) effective proof of stake, but better. Elrond’s Arwen virtual machine is like Cosmos’ CosmWasm virtual machine, but better.
When you combine these three features, you get a blockchain that is theoretically capable of handling more transactions per second than every other smart contract blockchain combined.”
The blockchain’s native token, Elrond eGold (EGLD) is