MultiversX to Launch Andromeda on Mainnet on May 28th

MultiversX has scheduled the Andromeda mainnet launch on May 28th at 14:00 UTC.

The global validator upgrade begins immediately, introducing a release that encompasses approximately 51,500 lines of new code.

EGLD Info

MultiversX (formerly Elrond) is a technology ecosystem for the new internet. Its smart contracts execution platform is capable of 15,000 TPS, 5s latency and $0.001 tx cost, focused on fintech, DeFi and IoT.

MultiversX money & DeFi app Maiar offers an intuitive first-time experience with blockchain, offering progressive security and a gamified approach to unlocking more useful features.

The MultiversX Proof of Stake economic model has a limited supply; its token is named eGold to convey the notion of digital store of value to the next billion users.