Lucian Todea
Aug 7 · 2 min read

Elrond believes information is key to protect investors and for the crypto asset market to transition from today’s speculative investment environment to a more rational and legitimate environment. Information is one of the major causes of speculation. By practicing disclosure on Xangle, we are tackling information distortion and ensuring our investors get all the necessary information to make informed decisions.

As part of this partnership, our team went through a strict due diligence process by Xangle to publish a separate Due Diligence Report that will be made available to Xangle’s partnered exchanges. Exchanges will use this institutional grade report to perform continuous evaluation of projects. Currently they are actively working with leading exchanges such as Bithumb, Korbit, GOPAX, and CPDAX, to name a few.

Comprehensive information is also available to retail investors, so you can check out our public information disclosure page HERE. When you are uncertain about our current token supply or want to know the latest business updates, we recommend you check Xangle as it holds the most accurate information.

Good technology needs to go hand in hand with good practice and Elrond is making yet another important step in building trust through the partnership with Xangle that offers another layer of transparency. In an environment that has historically been affected by mistrust and general perceptions have been negative, we feel transparency is important and needs to come by default,” commented Lucian Todea, COO of Elrond Network

About Xangle

Xangle provides accurate, comprehensive, and up to date token information as well as company information of blockchain projects so that crypto investors and exchanges are able to make better investment or listing decisions.

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.

Elrond is built by a team of experienced entrepreneurs along with 13 engineers and researchers with significant blockchain backgrounds and technical experience at Microsoft, Google, Intel, and NTT DATA. The team includes two PhDs in CS & AI, multiple math, CS, and AI Olympiad champions, and a former member of the NEM core team.

Elrond Network

A scalable value transfer protocol for the digital economy

Lucian Todea

Written by

Co-Founder and COO, Elrond Network.

Elrond Network

A scalable value transfer protocol for the digital economy

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade