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Elrond (EGLD) Forum - elrond.com

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Elrond is aĀ blockchainĀ protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech,Ā decentralized financeĀ and the Internet of Things. ItsĀ smart contractsĀ execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.

The blockchain has a native token known as eGold, or EGLD, that is used for paying network fees,Ā stakingĀ and rewarding validators.

Elrond was firstĀ announcedĀ in August 2019, and its mainnetĀ went liveĀ in July 2020.

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