Elrond

The Elrond eGold (EGLD) is the native Mainnet token, replacing the ERD ERC20 and BEP2 tokens. It will be used for everything from staking, governance, transactions, smart contracts and validator rewards.

Elrond’s goal is to be a high throughput, fast transaction speed and low transaction cost platform, allowing efficient and competitive dApp user experiences in real world use cases.

Elrond Tech Specification

• Consensus Proof of Stake (PoS)