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Elrond

Blockchain

Elrond is a high-throughput public blockchain geared toward providing protection, efficiency, scalability, and interoperability, beyond the present state-of-the-art.

Presale ended 10 April 2019
25 Mar 2019 - 10 Apr 2019
Sale ended 02 July 2019
01 Jul 2019 - 02 Jul 2019
IEO Details
Hardcap:
3,250,000 USD
Token Price:
0.00065 USD
Min/Max cap:
Lottery
Total Supply:
20,000,000,000
IEO Supply:
5,000,000,000 (25%)
Accepting:
BNB
Whitelist/KYC:
Whitelist & KYC
Country:
Malta
Token Details
Token Platform:
Binance Coin
Coin Details
Ticker:
ERD
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Elrond (ERD)
$0.00730394 (18.87%)
0.00000078 BTC (16.42%)
0.00003001 ETH (11.62%)
1 BTC β‰ˆ 1,282,051 ERD
ERD
USD
Volume 24h:
$16,962,571
Market Cap:
$80,710,724
Fully Diluted Market Cap:
$146,078,800
Change 7d / 30d:
29.03% / 160.37%
ROI (USD):
1,024% / 11.23x
ATH:
$0.00741917
ATH Date:
06 July 2020
From ATH / To ATH:
-1.55% / 1.58%
Exchanges / Markets:
4 / 8
Circulating Supply:
11,050,299,480 ERD
Total Supply:
20,000,000,000 ERD
Loading data from server...
ROI Calculator
ERD
USD
To The Moon πŸš€πŸŒ•
ROI Price Market Cap Fully Diluted Market Cap BTC ETH
x1 $0.007304 $80,710,724 $146,078,800 0.00000078 0.00003001
x2 $0.014608 $161,421,448 $292,157,600 0.00000156 0.00006002
x3 $0.021912 $242,132,172 $438,236,400 0.00000234 0.00009003
x4 $0.029216 $322,842,896 $584,315,200 0.00000312 0.00012004
x5 $0.036520 $403,553,620 $730,394,000 0.00000390 0.00015005
x6 $0.043824 $484,264,344 $876,472,800 0.00000468 0.00018006
x7 $0.051128 $564,975,068 $1,022,551,600 0.00000546 0.00021007
x8 $0.058432 $645,685,792 $1,168,630,400 0.00000624 0.00024008
x9 $0.065735 $726,396,516 $1,314,709,200 0.00000702 0.00027009
x10 $0.073039 $807,107,240 $1,460,788,000 0.00000780 0.00030010
x15 $0.109559 $1,210,660,860 $2,191,182,000 0.00001170 0.00045015
x20 $0.146079 $1,614,214,480 $2,921,576,000 0.00001560 0.00060020
x25 $0.182599 $2,017,768,100 $3,651,970,000 0.00001950 0.00075025
x50 $0.365197 $4,035,536,200 $7,303,940,000 0.00003900 0.00150050
x100 $0.730394 $8,071,072,400 $14,607,880,000 0.00007800 0.00300100
x1000 $7.30 $80,710,724,000 $146,078,800,000 0.00078000 0.03001000
Elrond (ERD) is a cryptocurrency, the latest Elrond price is $0.00730394, up 18.87% in the last 24 hours. Elrond is listed in 4 exchanges with a total of 8 active markets. Elrond market cap is $80,710,724 with a 24h volume of $16,962,571. It has a circulating supply of 11,050,299,480 ERD and a total supply of 20,000,000,000 ERD. Elrond reached it's all time high on 06 July 2020 when it was trading at $0.00741917.
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Only Spot Exchanges (No Derivatives)

Elrond contribution proposal:

Adaptive State Sharding - Elrond proposes a dynamically adaptive sharding mechanism that ena-bles shard computation and reorganizing based on necessity and the number of active network nodes. The reassignment of nodes in the shards at the beginning of each epoch is progressive and nondeter-ministic, inducing no temporary liveness penalties. Adaptive state sharding comes with additional chal-lenges compared to the static model. One of the key-points resides in how shard-splitting and shard-merging is done to prevent overall latency penalties.

Elrond solves this challenge by:

  • Dividing the wallet address space in shards, using a binary tree which can be built with the sole requirement of knowing the exact number of shards in a certain epoch.
  • Introducing a technique of balancing the nodes in each shard, to achieve overall architecture equilibrium. This technique ensures a balanced workload and reward for each node in the network.
  • Designing a built-in mechanism for automatic transaction routing in the corresponding shards, considerably reduces latency as a result.
  • In order to achieve considerable improvements with respect to bootstrapping and storage, Elrond makes use of a shard pruning mechanism. This ensures sustainability of our architecture even with a throughput of tens of thousands of transactions per second (TPS).

Secure Proof of Stake - As an improved variation of Proof of Stake (PoS) that ensures long term security and distributed fairness, while eliminating the need for energy intensive PoW algorithms. Elrond introduces an improvement which reduces the latency allowing each node in the shard to deter-mine the members of the consensus group (block proposer and validators) at the beginning of a round. This is possible because the last block's aggregated signature is used as the randomization factor. In addition to the stake factor generally used in PoS architectures as a sole decision input, Elrond refines its consensus mechanism by adding an additional weight factor called rating.

Main problems tackled:

  • Full descentralization - Eliminating the need for any trusted third party, hence removing any single point of failure
  • Robust security - Allowing secure transactions and preventing any attacks based on known attack vectors;
  • High scalability - Enabling the network to achieve a performance at least equal to the centralized counterpart, as measured in TPS; Initial tests show 5000tps at 4MB/s average bandwidth with 16 shards. Linearly, Elrond has reached 10000tps at 8BM/s with 16shards and 50000 tps at 8MB/s average bandwidth 64shards.
  • Efficiency - Performing all network services with minimal energy and computational requirements;
  • Bootstrapping and storage enhancement - Ensuring a competitive cost for data storage and boot-strapping;
  • Cross-chain interoperability - Enforced by design, permitting unlimited communication between external services.

Elrond innovation:

  • Security through multi signing - This scaling technique can be used in blockchains to partition states and transaction processing, so that each node would process only a fraction of all transactions in parallel with other nodes. As long as there is a sufficient number of nodes verifying each transaction so that the system maintains high reliability and security, then splitting a blockchain into shards will allow it to process many transactions in parallel, and thus greatly improving transaction throughput and efficiency. Sharding promises to increase the throughput as the mining network expands, a property that is referred to as horizontal scaling
  • Randomness source - Each node from the list E can be selected as part of j an optimally dimensioned consensus group, by a deterministic function, based on last block’s aggregated signature, the round r and a set of variation parameters. The random number, known to all shard nodes through gos-sip, cannot be predicted before the block is actually signed by the previous consensus group. This property makes it a good source of randomness and prevents highly adaptive malicious attacks. We define a selection function to return the set of chosen nodes
  • Performance - Sharding approach shows a linearly increasing throughput.
  • Shard storage pruning - To reduce storage requirements and bootstrapping time.

Beniamin Mincu
CEO
Involved in 1 project
Lucian Todea
COO
Involved in 1 project
Lucian Mincu
CIO
Involved in 1 project
Felix Crisan
Head of Research
Involved in 1 project
Radu Chis
Head of Technology
Involved in 1 project
Sebastian Marian
Core Developer
Involved in 1 project
Adrian Dobrita
Head of Engineering
Involved in 1 project
Mihai Dorian Stancu
Software Engineer
Involved in 1 project
Iulian Pascalau
Core Developer
Involved in 1 project
Corcoveanu Cristian
Software Engineer
Involved in 1 project
Dan Voicu
Head of Communication
Involved in 1 project
Larisa Oltean
UI/UX
Involved in 1 project
Daniel Serb
Head of Marketing and PR
Involved in 1 project
Beniamin Drasoveanu
Jr. Software Engineer
Involved in 1 project
Endre Simo
Software Engineer
Involved in 1 project
Andrei Marinica
Software Engineer
Involved in 1 project
Advisors
Raul Jordan
Involved in 1 project
Fabio Canesin
Involved in 3 projects
Ethan Fast
Involved in 2 projects
Alex Iskold
Involved in 1 project
Alex Tabarrok
Involved in 1 project
Andrei Pitis
Involved in 1 project
  • Q3 2017

    Technical work begins

  • Q2 2018

    Preminary Technical Proof of Concept FInalized

    Elrond Prototype

  • Q1 2019

    -Private Testnet launch with sPoS and -Sharding

    -Elrond Games

    -Maiar Launch

    -VM Integration

    -Business Integration

    -API + SDK

    -Public Testnet launch

    -Funding round

    -Stress testing – capture the bug

    -Security audit

    -Hackathon + use-cases discovery

    -Palintir – Elrond privacy

    -Elrond dapp store

    -Elrond Wallet – UX + Alias + Multisig + -Timelock

  • Q2 2019

    MainNet Launch

    Token swap and staking

    Functional payment gateway

    Mobile wallets

    Hardware wallet integration

    Secure P2P messaging

  • Q3 2019

    -MainNet Consolidation

    -Real world integration

    -Ecosystem fund

    -Digital card integration

    -Elrond DEX in wallet client

    -Elrond Stable coin economy

    -Digital identity

Source
Rating
4.6 / 5
ICODOG 404
4.7 / 5
MoNoico 404
5 / 5
TrackICO 404
3.7 / 5
Average
4.5 / 5
Ratings has been aggregated in date 21 September 2019
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Blockchain

Elrond

Elrond is a high-throughput public blockchain geared toward providing protection, efficiency, scalability, and interoperability, beyond the present state-of-the-art.

Presale ended 10 April 2019
25 Mar 2019 - 10 Apr 2019
Sale ended 02 July 2019
01 Jul 2019 - 02 Jul 2019
Elrond (ERD)
$0.00730394 (18.87%)
0.00000078 BTC (16.42%)
0.00003001 ETH (11.62%)
1 BTC β‰ˆ 1,282,051 ERD
Volume 24h:
$16,962,571
Market Cap:
$80,710,724
Fully Diluted Market Cap:
$146,078,800
Change 7d / 30d:
29.03% / 160.37%
ROI (USD):
1,024% / 11.23x
ATH:
$0.00741917
ATH Date:
06 July 2020
From ATH / To ATH:
-1.55% / 1.58%
Exchanges / Markets:
4 / 8
Circulating Supply:
11,050,299,480 ERD
Total Supply:
20,000,000,000 ERD
ERD
USD
Loading data from server...
ROI Calculator
ERD
USD
To The Moon πŸš€πŸŒ•
ROI Price Market Cap Fully Diluted Market Cap BTC ETH
x1 $0.007304 $80,710,724 $146,078,800 0.00000078 0.00003001
x2 $0.014608 $161,421,448 $292,157,600 0.00000156 0.00006002
x3 $0.021912 $242,132,172 $438,236,400 0.00000234 0.00009003
x4 $0.029216 $322,842,896 $584,315,200 0.00000312 0.00012004
x5 $0.036520 $403,553,620 $730,394,000 0.00000390 0.00015005
x6 $0.043824 $484,264,344 $876,472,800 0.00000468 0.00018006
x7 $0.051128 $564,975,068 $1,022,551,600 0.00000546 0.00021007
x8 $0.058432 $645,685,792 $1,168,630,400 0.00000624 0.00024008
x9 $0.065735 $726,396,516 $1,314,709,200 0.00000702 0.00027009
x10 $0.073039 $807,107,240 $1,460,788,000 0.00000780 0.00030010
x15 $0.109559 $1,210,660,860 $2,191,182,000 0.00001170 0.00045015
x20 $0.146079 $1,614,214,480 $2,921,576,000 0.00001560 0.00060020
x25 $0.182599 $2,017,768,100 $3,651,970,000 0.00001950 0.00075025
x50 $0.365197 $4,035,536,200 $7,303,940,000 0.00003900 0.00150050
x100 $0.730394 $8,071,072,400 $14,607,880,000 0.00007800 0.00300100
x1000 $7.30 $80,710,724,000 $146,078,800,000 0.00078000 0.03001000
IEO Details
Hardcap:
3,250,000 USD
Token Price:
0.00065 USD
Min/Max cap:
Lottery
Total Supply:
20,000,000,000
IEO Supply:
5,000,000,000 (25%)
Accepting:
BNB
Whitelist/KYC:
Whitelist & KYC
Country:
Malta
Token Details
Token Platform:
Binance Coin
Coin Details
Ticker:
ERD
Elrond (ERD) is a cryptocurrency, the latest Elrond price is $0.00730394, up 18.87% in the last 24 hours. Elrond is listed in 4 exchanges with a total of 8 active markets. Elrond market cap is $80,710,724 with a 24h volume of $16,962,571. It has a circulating supply of 11,050,299,480 ERD and a total supply of 20,000,000,000 ERD. Elrond reached it's all time high on 06 July 2020 when it was trading at $0.00741917.
Share This Page
Loading...
Coinpare Markets List
Only Spot Exchanges (No Derivatives)

Elrond contribution proposal:

Adaptive State Sharding - Elrond proposes a dynamically adaptive sharding mechanism that ena-bles shard computation and reorganizing based on necessity and the number of active network nodes. The reassignment of nodes in the shards at the beginning of each epoch is progressive and nondeter-ministic, inducing no temporary liveness penalties. Adaptive state sharding comes with additional chal-lenges compared to the static model. One of the key-points resides in how shard-splitting and shard-merging is done to prevent overall latency penalties.

Elrond solves this challenge by:

  • Dividing the wallet address space in shards, using a binary tree which can be built with the sole requirement of knowing the exact number of shards in a certain epoch.
  • Introducing a technique of balancing the nodes in each shard, to achieve overall architecture equilibrium. This technique ensures a balanced workload and reward for each node in the network.
  • Designing a built-in mechanism for automatic transaction routing in the corresponding shards, considerably reduces latency as a result.
  • In order to achieve considerable improvements with respect to bootstrapping and storage, Elrond makes use of a shard pruning mechanism. This ensures sustainability of our architecture even with a throughput of tens of thousands of transactions per second (TPS).

Secure Proof of Stake - As an improved variation of Proof of Stake (PoS) that ensures long term security and distributed fairness, while eliminating the need for energy intensive PoW algorithms. Elrond introduces an improvement which reduces the latency allowing each node in the shard to deter-mine the members of the consensus group (block proposer and validators) at the beginning of a round. This is possible because the last block's aggregated signature is used as the randomization factor. In addition to the stake factor generally used in PoS architectures as a sole decision input, Elrond refines its consensus mechanism by adding an additional weight factor called rating.

Main problems tackled:

  • Full descentralization - Eliminating the need for any trusted third party, hence removing any single point of failure
  • Robust security - Allowing secure transactions and preventing any attacks based on known attack vectors;
  • High scalability - Enabling the network to achieve a performance at least equal to the centralized counterpart, as measured in TPS; Initial tests show 5000tps at 4MB/s average bandwidth with 16 shards. Linearly, Elrond has reached 10000tps at 8BM/s with 16shards and 50000 tps at 8MB/s average bandwidth 64shards.
  • Efficiency - Performing all network services with minimal energy and computational requirements;
  • Bootstrapping and storage enhancement - Ensuring a competitive cost for data storage and boot-strapping;
  • Cross-chain interoperability - Enforced by design, permitting unlimited communication between external services.

Elrond innovation:

  • Security through multi signing - This scaling technique can be used in blockchains to partition states and transaction processing, so that each node would process only a fraction of all transactions in parallel with other nodes. As long as there is a sufficient number of nodes verifying each transaction so that the system maintains high reliability and security, then splitting a blockchain into shards will allow it to process many transactions in parallel, and thus greatly improving transaction throughput and efficiency. Sharding promises to increase the throughput as the mining network expands, a property that is referred to as horizontal scaling
  • Randomness source - Each node from the list E can be selected as part of j an optimally dimensioned consensus group, by a deterministic function, based on last block’s aggregated signature, the round r and a set of variation parameters. The random number, known to all shard nodes through gos-sip, cannot be predicted before the block is actually signed by the previous consensus group. This property makes it a good source of randomness and prevents highly adaptive malicious attacks. We define a selection function to return the set of chosen nodes
  • Performance - Sharding approach shows a linearly increasing throughput.
  • Shard storage pruning - To reduce storage requirements and bootstrapping time.

Beniamin Mincu
CEO
Involved in 1 project
Lucian Todea
COO
Involved in 1 project
Lucian Mincu
CIO
Involved in 1 project
Felix Crisan
Head of Research
Involved in 1 project
Radu Chis
Head of Technology
Involved in 1 project
Sebastian Marian
Core Developer
Involved in 1 project
Adrian Dobrita
Head of Engineering
Involved in 1 project
Mihai Dorian Stancu
Software Engineer
Involved in 1 project
Iulian Pascalau
Core Developer
Involved in 1 project
Corcoveanu Cristian
Software Engineer
Involved in 1 project
Dan Voicu
Head of Communication
Involved in 1 project
Larisa Oltean
UI/UX
Involved in 1 project
Daniel Serb
Head of Marketing and PR
Involved in 1 project
Beniamin Drasoveanu
Jr. Software Engineer
Involved in 1 project
Endre Simo
Software Engineer
Involved in 1 project
Andrei Marinica
Software Engineer
Involved in 1 project
Advisors
Raul Jordan
Involved in 1 project
Fabio Canesin
Involved in 3 projects
Ethan Fast
Involved in 2 projects
Alex Iskold
Involved in 1 project
Alex Tabarrok
Involved in 1 project
Andrei Pitis
Involved in 1 project
  • Q3 2017

    Technical work begins

  • Q2 2018

    Preminary Technical Proof of Concept FInalized

    Elrond Prototype

  • Q1 2019

    -Private Testnet launch with sPoS and -Sharding

    -Elrond Games

    -Maiar Launch

    -VM Integration

    -Business Integration

    -API + SDK

    -Public Testnet launch

    -Funding round

    -Stress testing – capture the bug

    -Security audit

    -Hackathon + use-cases discovery

    -Palintir – Elrond privacy

    -Elrond dapp store

    -Elrond Wallet – UX + Alias + Multisig + -Timelock

  • Q2 2019

    MainNet Launch

    Token swap and staking

    Functional payment gateway

    Mobile wallets

    Hardware wallet integration

    Secure P2P messaging

  • Q3 2019

    -MainNet Consolidation

    -Real world integration

    -Ecosystem fund

    -Digital card integration

    -Elrond DEX in wallet client

    -Elrond Stable coin economy

    -Digital identity

 Select Source
Source
Rating
4.6 / 5
ICODOG 404
4.7 / 5
MoNoico 404
5 / 5
TrackICO 404
3.7 / 5
Average
4.5 / 5
Ratings aggregated in date 21 September 2019
Loading...

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