Elrond

EGDL
15203095 Total Staked $46.88 Price
Marketcap
$1166428850.07
Staking Marketcap
$706335793.7
Staking Ratio
62.52%

About Elrond

Elrond is a distributed transactional computation protocol which relies on a sharded state architecture and a secure Proof of Stake consensus mechanism. While most other blockchain networks require custom hardware and high energy consumption, Elrond runs on average computers.
By employing sharding, a method of parallelizing data & transactions processing, Elrond’s performance will scale up with the number of computers joining the network, reaching more than 100.000 transactions per second while growing increasingly decentralized.