Elrond
EGLD

102.11
$
3.90 %
Change 24h

Market Cap
$ 1,992,650,000
Volume 24h
$ 55,250,700
Circulating Supply
19,526,900
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.

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