We are excited to announce that Elrond has seen great potential in the BH Network team, cause, and end goal and are our long-term supporters

BH Network – Building on the Elrond Blockchain

We are excited to announce that Elrond, a leading blockchain development company, has seen great potential in the BH Network team, cause, and end goal and are early, long-term supporters of our project to create a fair, safe, low-fee marketplace for digital goods and services.

The Goals of BH Network

The whole BH Network team has been, or currently are, freelancers providing services or business owners looking for the services that freelancers offer. We have all seen the issues with the currently available platforms in the fiat market and see an excellent opportunity to negate those problems by integrating our marketplace into the Elrond blockchain.

The BH Network’s mission is to change the way freelancers and their customers interact, making the process faster, more simple, and secure while reducing the current platform fees to a negligible amount.

Mission Statement:

To lead freelancing marketplace innovation and expand possibilities for individuals, businesses, and customers through blockchain technology.

Vision Statement:

A freelancing world connected and protected by the power of blockchain technology without boundaries or limitations.

Fairness, Recurrence, and Security

Change how you buy and sell digital services with a non-biased view, no wait times for payment, zero manipulation, and high-end blockchain security.

How Elrond Facilitates BH Network

All freelancers know the limitations that fiat services place on the economy; high fees, easy manipulation of rankings, simple chargeback processes making it simple to fraudulently claim your money back after receiving work, short-term record keeping, etc.

Like fiat solutions, many blockchains simply cannot offer solutions to all current issues. The fees are too high, transaction speeds are slow, they can be challenging to integrate platforms into, and they rarely have the support for developers.

Elrond is the best solution to all of those issues:

• 0.00005 EGLD (0.009577 USD) per transaction (at the time of writing)
• 15,000+ tps
• ~6-second transaction speed
• Zero downtime since launch
• Invaluable support from developers

These points, and more, are why Elrond is exceptionally conducive to building the future platform of freelancing.

About BH Network

BH Network is the revolution of digital marketplaces. Our fully decentralized and community-driven platform leverages the efficiency of the Elrond blockchain to significantly lower fees and increase trust for services provided by more than 1 billion freelancers globally.

About Elrond

Elrond is the internet-scale blockchain, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.

BH Network does not offer any investment advice of any partners, supporters, or any other person/business featured on our website or social media. You should always do your own research.