Elrond
EGLD

15.90
$
0.73 %
Change 24h
Market Cap
$ 448,474,000
Volume 24h
$ 13,756,200
Circulating Supply
28,196,700
EGLD
$
Description
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.