A highly scalable, fast and secure blockchain platform for distributed apps, enterprise use cases and the new internet economy. Also backed by Binance and Electric.
Elrond is a high-performance, layer-1 blockchain designed to offer scalability, security, and developer-friendly features through its unique technology such as Secure Proof of Stake for consensus, Adaptive State Sharding for scalability, and a WASM VM engine for smart contract execution.