The New SPoS Blockchain Innovation

in blockchain •  5 years ago 

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Elrond is a novel architecture which goes
beyond state of the art by introducing a genuine state sharding scheme for practical scalability, eliminating energy and computational waste while ensuring distributed fairness through a Secure Proof of Stake (SPoS) consensus. Having a strong focus on security, Elrond’s network is built to ensure resistance to known security problems like Sybil attack, Nothing at Stake attack and others.

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