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Authors Jose Fco AP

7 days 30 days All time Recent Popular
Jose Fco AP
Jose Fco AP
@josefcoap
Cardano and Elrond communites have always been on friendly terms and there is plenty of space for both to coexist.

I want to address some inaccuracies in @matiwinnetou's recent post.

👇Read the thread👇

1. The governance model on Elrond will be launched during 2021 Q2, and the ethos and spirit is the same as Cardano. To give governance power to the token holders.

2. Three years of development and plenty of external audits such as Trial of bits, hackers invited to break the network during BoN and 1400 validators strees testing for an extended period of time ensures that the network is secure.

3. Many Blockchains are only one company. Elrond Foundation is currently bootstrapping the Network, but will gradually hand over governance to the holders thus enabling decentralization

4. On-Chain upgrades have already been successfully performed both on the mainnet and on the public testnet. Elrond's hardfork detection mechanism has been thoroughly tested in Battle of Nodes under severe adversarial conditions.
SOCIETY , GOVERNMENT
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