The massive adoption of a cryptocurrency project is the main goal and a dream come true for its creators. There are many of the projects that have this vision, but it is not an easy goal to achieve, and it is necessary to have certain characteristics that allow it to be achieved in a short time. Elrond, has been on that path for 3 years, when a group of experts in cryptography decided to create a new generation blockchain, with extremely powerful features and that in addition to that allows everyone to access it due to its ease of use. use . The main innovation of the elrond blockchain is the ability to process and execute transactions 1,000 times higher than current blockchains, with the ability to allow up to 15,000 transactions per second, and with extremely low fees ($ 0.001). Elrond uses a POS consensus algorithm, which generally does not require specialized mining equipment or GPUs like those required to mine bitcoin, and instead anyone interested could do so using their common desktops and becoming validators when staking. a certain amount of money, awaiting rewards for your collaboration with the network, while keeping it safe and up and running. Elrond aims to reach millions of users through its Maiar application, available for mobile phones, and in which, thanks to its simple and accessible interface, everyone can store, sell, exchange and spend their tokens in just a few steps. Initially the project launched its ERD token on the ethereum blockchain, but then they changed the binance blockchain, which as we all know is much more modern and more profitable for everyone, and changing the name of its token to EGLD than in just a few months. it has gone from $ 7 to be worth almost $ 140 and to position itself in the top 40 of coinmarketcap.
Elrond is another case of success in the cryptographic market, being a public blockchain, with the mission of offering its users maximum security, efficiency, interoperability and very high scalability, so that everyone, even people who do not have much knowledge about cryptocurrencies, can enjoy the accessibility that this project provides