MultiversX announced that the internal testing of the Andromeda platform is nearing completion. According to the plan, the transition to the public testnet will take place on March 27, provided that the last bug, which is currently under investigation, is resolved.
Information about EGLD
MultiversX (formerly Elrond) is a technological ecosystem complex for the new generation of the internet. This smart contract execution platform is capable of processing up to 15,000 transactions per second, with a delay of just 5 seconds and a transaction cost of $0.001. The main areas of application are fintech, decentralized finance (DeFi), and the Internet of Things (IoT).
The EGLD token functions as a unit of value embedded in the MultiversX ecosystem. It serves as a mechanism of exchange between participants in the system: users and developers who pay for the use of the network, and validators who receive fees as a reward for the services provided.
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MultiversX will launch the Andromeda update on the test network on March 27.
MultiversX announced that the internal testing of the Andromeda platform is nearing completion. According to the plan, the transition to the public testnet will take place on March 27, provided that the last bug, which is currently under investigation, is resolved.
Information about EGLD
MultiversX (formerly Elrond) is a technological ecosystem complex for the new generation of the internet. This smart contract execution platform is capable of processing up to 15,000 transactions per second, with a delay of just 5 seconds and a transaction cost of $0.001. The main areas of application are fintech, decentralized finance (DeFi), and the Internet of Things (IoT).
The EGLD token functions as a unit of value embedded in the MultiversX ecosystem. It serves as a mechanism of exchange between participants in the system: users and developers who pay for the use of the network, and validators who receive fees as a reward for the services provided.