elrond

Blockchain Startup
Elrond

A scalable value transfer protocol for the digital economy

location_onMalta

Public Chain Infrastructure

Elrond

Elrond is the first highly scalable public blockchain that uses the newly proposed Secure Proof of Stake algorithm in a genuine state-sharded architecture to achieve VISA level throughput and confirmation times of seconds. Elrond’s novel approach on adaptive state sharding improves on Omniledger’s proposal increasing security and throughput, while the built-in automatic transaction routing and state redundancy mechanisms considerably reduce latencies. By using a shard pruning technique the bootstrapping and storage costs are also considerably reduced compared to other approaches.

Category Public Chain Infrastructure
Name Elrond Ltd
Founding Date 2018-10-11
Token Offering No
Technology Blockchain (Elrond)
Investors n/a
Job Offers n/a
Looking for Investors n/a
Looking for Equity Investors n/a
Looking for Speaking Opportunities n/a
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Founders of Elrond

Beniamin Mincu
Lucian Todea
Lucian Mincu