Helios Staking joins Elrond as Genesis Launch Partner & Staking Provider

Lucian Mincu
Elrond Network
Published in
3 min readJun 15, 2020

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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 Helios Staking team has been a constant presence in our Validator community. They apply their skills & knowledge to support furthering the Elrond infrastructure landscape, are committed to further educating other members of the community, and help Elrond to onboard newcomers in the blockchain space.

We are therefore happy to announce that Helios Staking will extend their development and bootstrapping support beyond the Elrond Mainnet.

“We’re a technology-focused project, but we have gotten where we are thanks to our propensity for thinking in clear business terms about everything that we do. We recognized this similar mindset in Helios Staking, who put forward an impeccable mix of a solid business plan & SecOps procedures. It is a pleasure to work with such partners.” said Lucian Mincu, Elrond CIO

While participating in the many testnet iterations, Helios Staking has witnessed how the Elrond project has grown and how committed its team is. Now they, and everyone else, have reached a point where they see a sharded architecture on a worldwide public testnet that actually works and delivers on the initial vision for this project.

We knew eventually blockchain technology could further our digital services but it’s mind-blowing that Elrond has already allowed us to do that today. The tech, team, and community are something entirely special, and not only when compared to the blockchain space. We are extremely excited and humbled to be part of their journey by providing our services and continued support.” said Kevin Lydon, CEO of Helios Staking

About Elrond

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 Helios Staking

Helios Staking is a Staking-as-a-Service provider strictly dedicated to the growth of Proof of Stake (PoS) blockchain networks. The firm is in direct collaboration with the Elrond Network as one of their chosen and trusted Genesis Launch partners. Services offered include ERD tokens delegation & guaranteed annualized returns through innovating staking products.

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