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Press Release

BudBlockz (BLUNT) Growth Will Overshadow Elrond (EGLD) In 2023

Author

John Asher

Tags

Reading time

3 mins
Last update

Author

John Asher

Tags

Category

Press Release

Reading time

3 mins
Last update

Author

John Asher

Tags

Reading time

3 mins
Last update

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BudBlockz (BLUNT) and Elrond (EGLD) are up-and-coming blockchains expected to see significant growth in the coming years. While Elrond (EGLD) has seen impressive growth in its first few years, BudBlockz (BLUNT) is expected to overtake it by 2023. Let’s take a closer look at why these two blockchains are expected to grow at such different rates.

BudBlockz (BLUNT)

BudBlockz (BLUNT) is here to revolutionize the cannabis industry by providing a blockchain-based platform that connects buyers and sellers of cannabis products. With its industry-leading speed, low transaction costs, and secure system, BudBlockz (BLUNT) is positioned to become the go-to platform for cannabis-related products and services.

With every transaction on the blockchain, BudBlockz (BLUNT) offers unprecedented transparency and traceability while providing a much more streamlined process for customers. No centralized third party is necessary, as the blockchain acts as a trustless intermediary.

Smart contracts automate the entire process, reducing transaction times and eliminating counterparty risk. In addition, the $BLUNT token is used to pay for transactions, services, and products on the BudBlockz platform, meaning that as the platform grows in popularity, so will the demand for $BLUNT tokens.

BudBlockz (BLUNT) is always innovating, with the Budz-Blockz Arcade being the latest development that merges blockchain technology with gaming. Here, users can play retro video games and win $BLUNT tokens.

Even BudBlockz NFTs play a crucial role in the economy of BudBlockz (BLUNT). These NFTs represent in-game items, rewards, and digital content and provide another way for users to earn from the platform.

With a revolutionary marketplace, P2E gaming, in-demand NFTs, and a token with enormous utility, BudBlockz is poised to take the industry by storm in the coming years.

Elrond (EGLD)

Elrond (EGLD) is a high-throughput blockchain platform that utilizes sharding technology to enable fast and secure transactions. This adaptive state sharding system breaks down the network into multiple shards, each with its transaction validators.

Elrond (EGLD) recently managed to hit 263,000 transactions per second, with a total of 1,500 nodes across 50 shares. This impressive throughput has made Elrond one of the fastest and most secure blockchain platforms.

The Elrond (EGLD) smart contract engine is called the Elrond Virtual Machine, built on top of WASM (Web Assembly). It allows developers to create smart contracts in any language that can be compiled into WebAssembly, such as C++ and Rust.

Although things look promising, Elrond (EGLD) is rebranding to MetaversX, and some investors might see this as a sign of doubt. Plus, both developments and the price of the EGLD token are slowing down considerably. In fact, Elrond (EGLD) is down 91.97% from the all-time high of $542.58 set in November 2021.

Learn more about BudBlockz (BLUNT) at the links below:

Official Website: https://budblockz.io/ 

Presale Registration:: https://app.budblockz.io/sign-up 

BudBlockz Community Links: https://linktr.ee/budblockz

Use the promo code “CYBERWEEK” to receive a 20% bonus on your $BLUNT purchase before 5 December 2022.