Elrond is making progress
I am patiently watching this project grow! Join me in the affort to be the best community around the project ELROND. The community members are allowed to compete in the waves for free ERD. The team implemented a simple community system for receiving FREE ERD for the best participants and community members! Now every community member can join and have a chance to get ERD which can be used for trading on the crypto exchanges!
Do not miss this chance to win many of their tokens and start trading. The 4 th way of the giveaway is open now, just try to be in their ranking to the 220 place. It is quite easy to achieve. Learn more about at Elrond community website.
Their ERD token is listed at CoinMarketCap and traded actively at many exchanges — i.e. Binance (one of the biggest one). You can join here. The value of the token will be higher as the team implement new developments and announce new partnerships.

Few technical details
Elrond is especially designed to bring a 1000x overall improvement by being scalable, efficient and secure while maintaining a sufficiently decentralized setting.
To achieve this we introduce a novel Adaptive State Sharding mechanism, enabling linear scalability as more nodes join the network by parallelizing transaction processing.
Efficiency
Performing network services with minimal energy & computational requirements
The first blockchain consensus algorithm based on Proof of Work (PoW) is used in Bitcoin, Ethereum and other blockchain platforms. In Proof of Work each node is required to solve a mathematical puzzle (hard to calculate but easy to verify). The first node that finishes the puzzle will collect the reward. Proof of Work mechanisms successfully prevent double-spending, DDoS and Sybil attacks at the cost of high energy consumption.
Proof of Stake (PoS) is a novel and more efficient consensus mechanism proposed as an alternative to the intensive energy and computational use in Proof of Work consensus mechanisms.
Elrond’s approach to consensus is made by combining random validators selection, eligibility through stake and rating, with an optimal dimension for the consensus group. We call this Secure Proof of Stake (SPoS).
Source: https://elrond.com/technology