Elrond
ERD

0.001827
$
1.98 %
Change 24h
Market Cap
$ 13,534,100
Volume 24h
$ 3,088,110
Circulating Supply
7,433,260,000
Total Supply
20,000,000,000
ERD
$
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.