Elrond
EGLD

48.10
$
1.24 %
Change 24h
Market Cap
$ 1,107,860,000
Volume 24h
$ 44,175,200
Circulating Supply
23,037,600
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.