Elrond is a highly scalable, fast and secure blockchain platform for distributed apps, enterprise use cases and the new internet economy.
I. Project Introduction
Elrond is a distributed transactional computation protocol which relies on a sharded state architecture and a secure Proof of Stake consensus mechanism. While most other blockchain networks require custom hardware and high energy consumption, Elrond runs on average computers. By employing sharding, a method of parallelizing data and transactions processing, Elrond’s performance will scale up with the number of computers joining the network, reaching more than 100.000 transactions per second while growing increasingly decentralized.
II. Token Information
1) Basic Information
- Token name: EGLD
- Total supply: 22,917,199
- Tokens in Circulation: 20,257,199
- Price for early investors: $0,50 / $0,65
III. Related Links
Official Website: https://elrond.com
Blockchain explorer: https://explorer.elrond.com
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Huobi does not take responsibility for any resulting direct or indirect losses.
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