1. Project introduction:
Elrond is unique in that it uses sharding in the form of adaptive state sharding, which divides the network into smaller pieces so nodes can validate transactions and network activity by resolving one shard at a time. Elrond provides a robust ecosystem for developers, validators, Defi exchanges, and businesses to create a new internet economy The Elrond project intends to develop a new digital economy where decentralization and scalability are the keys to its block Basic characteristics of chain technology. Elrond enables users to build new assets and decentralized applications, and conduct low-cost transactions. This project is particularly unusual in that it allows enterprise-level DApps while implementing scaling, and providing three programming languages to work with. Elrond's smart contracts and DApps' blockchain protocol can execute over 12,500 transactions per second with short block times (5 seconds), negligible transaction fees, and instant finality of cross-block transactions within seconds. Elrond provides smart contract usage fees, 30% of which is redistributed to smart contract authors.
2. Project Information:
Project Name: Elrond
Project website: https://quant.network/
Block Explorer: https://etherscan.io/token/0x4a220e6096b25eadb88358cb44068a3248254675
Medium: https://medium.com/@quant_network https://twitter.com/quant_network
Reminder: This information is provided by the project team. for reference only.