Having acquainted with the proposal of the new blockchain platform Elrond decided to write a short review.
The first problem I encountered was an attempt to find images with a matching name on the network.
It is clear that the elf was displayed not only first, but also the only one, until the task of search did not put ICO.
So, uh, meet me. As the creators say, the first and fastest, probably the first in speed, implementing the adaptation of "Adaptive State Sharding" and "Secure Proof of Stake".
High-speed.
Other reviews and Elrond Network's own organisers have also focused on a specific consensus mechanism.
Elrond is a new architecture that goes beyond the current state of the art, introducing a true State Sharding scheme for practical scalability, eliminating energy and computational loss, while ensuring distributed fairness through the Secure Proof of Stake (SPoS) consensus mechanism. Focusing on security, the Elrrond network is designed to provide resilience to known security issues such as the Sybil attack, the fraud attack, the Nothing at Stake attack and others.
In an ecosystem that strives for networking, Elrond's Smart Contract Solution offers an EVM-compatible mechanism to ensure interoperability in operation.
Overall, Elrond Network, a convenient blockchain for financial and 24x7 application deployment.
I personally have no confidence or suspicion in the development team. The development of the market is cryptocurrency for more than a year, should have made a correction in the understanding and approaches to the implementation of such projects.
The crazy attitude to everything new has changed for scrupulous studying of offered products that in turn was obliged to affect quality, reliability and prospects of workings out.
Elrond Ltd. is registered in Malta under the number C88751.
I never advise to invest in new projects, it always remains the right and sanity of every market participant.
I can only afford to draw your attention to what I think are interesting events and proposals in the world of cryptocurrencies, blockchain, digital technology and software.
At the end of this short review, which does not give a detailed analysis and translation, an informative discussion of the Elrond Network project, I would like to note that at first glance the project deserves attention from specialists and professionals. Their deep analysis and evaluation.
At the stage of ICO without experience and knowledge it is impossible to clearly determine the probability and prospects, it is difficult to predict success and profitability before thinking about investments.
Therefore, I advise you to look through other reviews, to study the project's website in greater depth, to consult reputable experts, if any, in your environment.
Thank you for your attention.
