1H
-0.97%$0.1572
24H
-1.28%$0.2081
7D
-17.0%$3.28
30D
-35.5%$8.84
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.
iIn this guide, we will focus on the MATANA group that is expected to make headlines in the coming years, according to analysts.
Cryptocurrencies are all the rage now and offer several benefits that traditional currencies cannot. To take advantage of these benefits, you need a crypto wallet. This guide will cover what a crypto wallet is and how it works.