10 hours ago · 3 min read
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Table of Contents
Source: EGLDUSD Chart by TradingView
Elrond is a distributed transactional computation protocol which relies on a sharded state architecture and a secure Proof of Stake consensus mechanism.
The Elrond eGold (EGLD) is the native Mainnet token, replacing the ERD ERC20 and BEP2 tokens. It will be used for everything from staking, governance, transactions, smart contracts and validator rewards.
Elrond’s goal is to be a high throughput, fast transaction speed and low transaction cost platform, allowing efficient and competitive dApp user experiences in real world use cases.
Consensus Proof of Stake (PoS)
Co-founder & CEO
Co-founder & COO
Co-founder & CIO
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