What is Elrond ecosystem and what makes Elrond different from the others? here I will peel out the Elrond project …

with Elrond, we will build an incredible ecosystem

Elrond is an update of the blockchain infrastructure technology designed to provide security, efficiency, measurability, and operation. Elrond puts 2 building blocks based on 1) First state sharding approach and 2) Secure Proof of Stake consensus mechanism.

  1. Network sharding which represents the process of grouping nodes into fractions.
  2. Sharding Transactions that carry complicated things to a further level and are related to distribution in various fractions.
  3. Fractional states are the most sophisticated and can be described as mechanics that…

Today there are more than 1500 cryptocurrencies in the world with a combined market capitalization exceeding USD300 billion. Concerns have finally emerged about price volatility, user-friendliness, and general reliability as a form of currency. Cryptocurrencies are still largely perceived as “too volatile”, “too complicated” or “something for high-end users only” by the average user.
By establishing FIIICoin, we can change this information by making a friendly cryptocurrency that can be used by users from various backgrounds.


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