Moreover, the consensus algorithm utilized by Elrond is a modification of the Proof of Stake algorithm employed by a number of other networks, apart from a rating is provided to every node, which ought to increase the safety of the network All round.
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The pending release of Elrond’s DEX, combined with the general bullish sentiment, is helping press Elrond’s price higher. Furthermore, with more updates during the pipeline, we might even see additional moves upward during the months ahead.