EGLD - ELROND

EGLD – ELROND

Elrond is a blockchain 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, decentralized finance and the Internet of Things. Its smart contracts 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, staking and rewarding validators.

EGLD is a project that I like, it delivers and especially, I like the price chart. 🙂