Elrond (erd)

$0.00187690 Buy
0.0000001934 BTC
24h: 3.10% 1h: -0.75% 7d: -9.95%
Market cap: $18,891,372 #171

Elrond is a novel architecture which goes beyond state-of-the-art by introducing a genuine State Sharding scheme for practical scalability, eliminating energy and computa-tional waste while ensuring distributed fairness through a Secure Proof of Stake (SPoS) consensus mechanism. Having a strong focus on security, Elrrond’s network is built to ensure resistance to known security problems like Sybil attack, Rogue-key attack, Nothing at Stake attack and others. In an ecosystem that strives for interconnectivity, Elrond’s solution for smart contracts offers an EVM com-pliant engine to ensure interoperability by design.

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