1H
-1.76%$0.0749
24H
-3.61%$0.1565
7D
-1.22%$0.0516
30D
-14.2%$0.6890
Elrond describes itself as a new blockchain architecture, designed to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two features: Adaptive State Sharding mechanism, and a Proof of Stake (PoS) algorithm, enabling linear scalability with a reportedly fast, efficient, and secure consensus mechanism. Thus, Elrond can reportedly process upwards of 10,000 transactions per second (TPS), with 5-second latency, and negligible cost. It aims to become the backbone of a permissionless, borderless, globally accessible internet economy.
The idea behind GameFi (GAFI) came from the intersection between two fast-growing industries: gaming and DeFi. We have included all that you need to know about GameFi in this guide.
Anyone who has ever invested in securities has encountered the term ‘dematerialization’. In the following guide, we will explore what dematerialization is, how it started, and why it is important.