SALE BEGINS IN
Elrond is a complete rethinking of public blockchain infrastructure, specifically designed to be secure, efficient, scalable and interoperable. Elrond’s main contribution rests on two cornerstone building blocks:
1) A genuine State Sharding approach: effectively partitioning the chain state into multiple shards, handled in parallel by different participating validators;
2) Secure Proof of Stake consensus mechanism: an improved variation of Proof of Stake (PoS) that ensures long term security and distributed fairness, while eliminating the need for energy intensive PoW algorithms.
Start: 25th April 2019
End: 29th April 2019
Whitepaper: Read whitepaper
Role of Token: All costs for processing transactions, running smart contracts and rewards for various contributions to the network will be paid in ERDs
Product Status: ICO
ICO Category: Business ICO
Team Leads: Beniamin Mincu – CEO, Lucian Todea – COO, Lucian Mincu – CIO
Token Symbol: ERD
Where to Buy token: Elrond Network Website
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