




Elrond logo (ERD) -Face Mask
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Elrond sets out to differentiate itself by providing a new blockchain architecture, designed to bring a 1000-fold improvement in throughput and execution speed. In order to achieve this, Elrond introduced both Adaptive State Sharding mechanism, and a Proof of Stake (PoS) algorithm, which enables linear scalability with a reportedly fast, efficient, and secure consensus mechanism. In doing so, Elrond can process upwards of 10,000 transactions per second (TPS), with 5-second latency, and negligible cost. Elrond aims to become the backbone of a permissionless, borderless, globally accessible internet economy.