1H
-1.58%$0.1389
24H
-1.43%$0.1255
7D
-11.1%$1.08
30D
-7.52%$0.7034
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.
Here, we will delve into a trending Catizen game that combines the concept of blockchain technology, as well as explore its MEOWverse – a metaverse realm where you can manage a virtual cat city.
Creating NFT art can be a lucrative and exciting way for artists to explore new creative horizons and connect with a global community of art enthusiasts. Let’s dive into NFT art and everything you need to know about transforming your artworks into NFTs.