![KDramaLegendaryStar](https://img.btcc.com/btcc/qa/KDramaLegendaryStar.png)
Is EGLD a layer 1?
Could you please clarify whether EGLD falls into the category of a layer 1 blockchain? I'm curious to understand its positioning within the crypto ecosystem, and whether it offers the fundamental infrastructure for building and deploying decentralized applications. Additionally, I'm also interested in knowing if EGLD possesses the scalability and security features that are typically associated with layer 1 blockchains. Could you elaborate on this?
![Is EGLD a layer 1?](https://img.btcc.com/btcc/qa/qaimg874.png)
![Chiara](https://img.btcc.com/btcc/qa/Chiara.png)
Is egld deflationary?
Could you please elaborate on whether EGLD is considered deflationary? I'm interested in understanding the economic properties and mechanisms behind this cryptocurrency. Specifically, how does the supply and demand of EGLD affect its price? Are there any built-in mechanisms or policies that promote deflationary tendencies within the EGLD ecosystem? I'm also curious about the potential long-term implications of a deflationary cryptocurrency and how it might differ from inflationary currencies. Could you provide some insights into these aspects?
![Is egld deflationary?](https://img.btcc.com/btcc/qa/qaimg329.png)
![Davide](https://img.btcc.com/btcc/qa/Davide.png)
What is the price of EGLD in 2040?
Could you possibly enlighten me on the projected cost of EGLD in the year 2040? I'm genuinely curious to know what experts in the cryptocurrency and finance realm foresee for its future value. With the ever-changing landscape of digital currencies, it's intriguing to speculate how EGLD might fare in the coming decades. Do you have any insights or predictions that could guide me in understanding its potential worth in the distant future?
![What is the price of EGLD in 2040?](https://img.btcc.com/btcc/qa/qaimg735.png)
![Elena](https://img.btcc.com/btcc/qa/Elena.png)
What is the future price of EGLD?
Could you please enlighten me on the potential future pricing trends of EGLD? I'm quite curious to know what factors might influence its value in the market, and if there are any predictions or estimations available that could give me a rough idea of where it might be headed in the future. I understand that cryptocurrency markets are volatile and unpredictable, but I'm still eager to gain some insights into the possible outcomes. Thank you for your assistance in this matter.
![What is the future price of EGLD?](https://img.btcc.com/btcc/qa/qaimg1155.png)
![Lorenzo](https://img.btcc.com/btcc/qa/Lorenzo.png)
What network does EGLD use?
Could you please elaborate on the network utilized by EGLD? I'm quite curious about the technological backbone that supports this cryptocurrency. Could you explain the specific type of network architecture it employs, its scalability features, and perhaps even any unique advantages or innovations it might offer compared to other networks in the cryptocurrency space? I'm also interested in knowing if it's a decentralized network and if so, how does it ensure security and transaction speed? Thank you for your time and insights.
![What network does EGLD use?](https://img.btcc.com/btcc/qa/qaimg798.png)