Elrond is ready to provide the internet with the layer of trust it needs, at the speed it requires it. Our technology attracted an important ecosystem of partners and the attention of the crypto space. That is because the hard work of the Elrond team was supported by our community.
The capabilities of the Elrond blockchain are constantly demonstrated on the public testnet operated by a network of enthusiast validators. It started with a small group on Riot and has reached hundreds of members. Their constant support and commitment of time, energy, and resources have helped Elrond get to where it is today.
The members of the Istari Vision team have been early contributors & supporters of Elrond. They are based in Germany and are leaders in our German-speaking community. They focus on operating infrastructure at high standards of quality & availability and will leverage their contact networks to bring additional exposure to Elrond in the DACH region.
We are therefore happy to announce that Istari Vision will extend their development and bootstrapping support beyond the Elrond Mainnet.
“We have direct contact with the local technology & blockchain scene from our offices in Regensburg, a city located at the core of the German industrial sector, where many international automotive, energy & telco giants are located. The Istari Vision team is an important local liaison, working together with us for more than 1 year now. We are excited about driving growth in Germany with their support.” said Lucian Mincu, Elrond CIO
The newly announced partnership is based on a long-standing collaboration with the founders. They have taken the lead of our German-speaking community and are currently operating one of the largest sets of Validators in Battle of Nodes.
“The industrial environment in Germany is rapidly transitioning towards digitalization and Industry 4.0 practices, to stay competitive in the new global economy. There are opportunities for blockchain technology and we are happy to be Elrond’s local ambassadors, to foster adoption and participation in the ecosystem from the infrastructure level upwards.” said Wolfgang Rückerl, CEO of Istari Vision.
Elrond is a new blockchain architecture, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 10,000 transactions per second (TPS), with 5-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
About Istari Vision
The team has more than 4 years of experience in the blockchain space, supporting important projects with both funding and infrastructure. They applied their blockchain expertise to support the ICO Market Data research platform and later on to select projects to be involved with on a long term basis.
Currently, the firm is operating professional infrastructure at high standards of quality as validators in multiple networks. Istari Vision actively supports teams that continuously innovate the space is always on the lookout for the next game-changer.