Elrond is a token and a platform based on the Secure Proof-of-Stake (SPoS) consensus algorithm and the concept of adaptive sharding. Features of the project: scalability, a management model that is radically different from those existing on the network confidentiality, resistance to censorship of technologies, high level of confidentiality.

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RT: https://twitter.com/ElrondNetwork/status/1587445589792399364