$68.20
1H
-0.40%$0.2739
24H
7.82%$4.95
7D
-21.0%$18.16
30D
-34.3%$35.54
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.
Elrond Network, the developers of the eponymous internet-scale blockchain protocol, today announced the full integration of Bitcoin into their non-custodial digital wallet app Maiar.
Maiar has joined the Huawei Ecosystem and now is available on AppGallery.
Leveraging blockchain technology, Holoride will create a premium in-car entertainment experience for content creators and users alike. Besides, the NFT integration will developers create specific utilities while retaining the value of their creations.
Elrond has partnered with blockchain platform Shopping.io who will bring the facility for users to spend their eGold tokens at some of the world’s most popular eCommerce marketplaces.
A critical phase in Elrond’s evolution over the coming year will be the launch of Maiar, the first app to debut on the network.
