Elrond
EGLD

92.02
$
1.26 %
Change 24h
Market Cap
$ 2,059,070,000
Volume 24h
$ 68,355,000
Circulating Supply
22,347,800
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.