Logo Elrond EGLD

Adaptive state sharding, the internet scale of blockchain

248.95 -8.73%

What is Elrond?

Elrond is a highly scalable blockchain network that uses Adaptive State Sharding technology and Secure Proof-of-Stake (SPoS) consensus algorithm. The Adaptive State Sharding combines 3 sharding methods to increase its performance; Network sharding, transaction sharding and state sharding. As of now, Elrond is capable of handing 15,000 transactions per second with only $0.001 fees.

EGLD is Elrond's native cryptocurrency, which used as staking, rewards and paying fees in the network. Developers who build on the network receives 30% of smart contract fees. Elrond aims to make EGLD as a store-of-value asset.

Elrond Founders

beniaminmincu, LucianMincu, luciantodea.

Elrond Project Investors ($1.9M)

Binance, Maven 11 Capital, Electric Capital, Authorito Capital, NGC Partners, AU21 Capital.