1H
0.17%$0.0225
24H
-0.59%$0.0788
7D
-1.55%$0.2091
30D
-8.35%$1.21
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.
Have you heard about Insurtech? Is it just a modern trend or is it a real future of the insurance industry? If you are not yet familiar with this term, then the following guide is the perfect one for you to dive deeper into this emerging tech.
Crypto 2.0 or cryptography 2.0 – also known as bitcoin 2.0, is decentralized system of blockchain or distributed ledger technology to things other than digital currency.