Building a Highly Scalable Blockchain with Beniamin Mincu, CEO of Elrond - Ep. 11


Manage episode 260759249 series 2595584
By Bobby Ong & TM Lee, Bobby Ong, and TM Lee. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

In this episode, Bobby Ong, co-founder of CoinGecko is joined by Beniamin Mincu, CEO of Elrond. Bobby interviewed Beniamin on what Elrond is, why it is important, its token model, as well as its plan for the future.

[00:00:02] Intro
[00:01:20] What is Elrond and why is it important?
[00:04:05] Adaptive State Sharding Technology and Secure Proof of Stake (SPoS) consensus
[00:15:09] What will be the “killers application” for Elrond?
[00:18:05] How many shards will there be in Elrond?
[00:21:20] How does the token model for ERD token work?
[00:26:20] How to stake on Elrond?
[00:31:40] Thoughts and experience going through Binance Launchpad and the IEO
[00:35:15] Plans for Elrond
[00:41:15] Where to follow Elrond

Quotes from the Episode

“I believe and predict that probably during the next 10 years, we will see that blockchain will probably become the most important GDP multiplier since the Internet.” [00:03:27]

“What we are trying to do with Elrond is exactly what I was saying at the beginning - bring the same transition that we saw in the early days of the Internet to the Blockchain space.” [00:12:45]

“I see that payments and money are probably the most important things that we will have adoption during the next 6 to 12 months. This is the thing we are putting all our focus on.” [00:17:35]


Elrond -
CoinGecko -
Elrond (ERD) on CoinGecko -

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34 episodes