The cryptocurrency industry is experiencing not the best times the market is endlessly stormy, volatility, manipulation. But from a technical point of view, there is a recovery of the industry and the market as a whole. Teams of technology projects focused on results continue to promote their products to develop platforms. The value of those projects, the creators of which initially were not going to do anything is so low that these projects are likely not to raise the rate schedules of their tokens. In the period of market decline, many teams are simply afraid to bring their ideas wrapped in another blockchain project into the light, being wary of the fact that during the periods of the General dump they have no chance of growth and development. And only in some rare cases, the team rapidly carry their developments to the masses firmly knowing that they have the technology and it works, it is better than the others, it is faster than existing ones. These guys are not afraid of the General depression in the industry they have a product and it works.
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The Elrond project team has developed a new solution for the cryptocurrency community and the industry as a whole - a modern blockchain, a prototype of which you can test today.
The Elrond takes into account the shortcomings of the existing closest analogues. The team implemented a high bandwidth network. Increased scalability. A unique method of achieving spos consensus has been introduced. Significantly improved network security. All kinds of possible attacks are taken into account-Sybil, Rogue-key, Nothing at Stake and others.
The Elrond team in charge by Director General Beniamin Mincu, regularly participates in thematic events and conferences, trying to present the project to the widest possible audience. In parallel with the development of the technical part of the team does not forget about the interaction with the relevant organizations and the achievement of mutually beneficial partnerships. For example, cooperation with the distributed systems research laboratory (DSRL) of the faculty of computer science at Cluj-Napoca technical University has been achieved for scientific purposes. Elrond has also reached a partnership with the Nash cryptocurrency platform (formerly known as NEX) to consider the integration of the Elrond blockchain platform and ERD tokens into the Nash platform. Elrond has partnered with a leading payment provider, NETOPIA Payments. The platform NETOPIA Payments also plan to integrate the blockchain platform Elrond and token ERD. Thus, we see that Elrond strives to develop both in scientific and technical, and in the economic direction. Before the full launch of the project, his team prudently took care of a series of partnerships, which prepared the ground for the release of the project.
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