Elrond $EGLD Wiki: Coin History, Techstack, and Crypto Newsby@coinwikis

Elrond $EGLD Wiki: Coin History, Techstack, and Crypto News

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Elrond was founded in 2017 by Lucian Todea, Lucian Mincu and Beniamin Mincu. System uses sharding and adaptive state sharding which splits the network to support more transactions and programs. Data is encrypted on millions of nodes during transactions to ensure data is encoded to ensure it is tamper proof. The project raised $1.9 million in June 2019 through a private investment round from investors. It has plans to introduce a card that will allow for interactions between crypto currencies and traditional currency to over 500,000 new users.

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